(OILK)

OILK trades at $39.81, 10.6% above the near-term max pain of $36 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($33-$3260), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for OILK shows a downward trend from 3260 to 33, indicating bearish sentiment or hedging activity. The 473% spread signals divergent expectations across timeframes. Levels distributed around 39.81. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.