Murphy Oil Corporation (MUR)
Murphy Oil Max Pain By Strike
MUR trades at $23.22, 7.1% below the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($22.5-$27.5), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 5 expirations converge.
Murphy Oil Max Pain By Expiry
Max pain for MUR shows a downward trend from 27.5 to 22.5, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Levels distributed around 23.22. Strong magnetic level at 23 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 25 | 1.78 (7.67%) |
| Sep 19, 2025 | 22.5 | -0.72 (-3.10%) |
| Oct 17, 2025 | 22.5 | -0.72 (-3.10%) |
| Nov 21, 2025 | 27.5 | 4.28 (18.43%) |
| Jan 16, 2026 | 22.5 | -0.72 (-3.10%) |
| Feb 20, 2026 | 25 | 1.78 (7.67%) |
| Mar 20, 2026 | 22.5 | -0.72 (-3.10%) |
| Apr 17, 2026 | 25 | 1.78 (7.67%) |
| May 15, 2026 | 22.5 | -0.72 (-3.10%) |