(OILK)
Max Pain By Strike
OILK trades at $39.77, pinned near the near-term max pain of $39 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. 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 By Expiry
Max pain for OILK shows a downward trend from 3260 to 33, indicating bearish sentiment or hedging activity. The 472% spread signals divergent expectations across timeframes. Levels distributed around 39.77. 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 |
|---|---|---|
| Sep 19, 2025 | 39 | -0.77 (-1.93%) |
| Oct 17, 2025 | 35 | -4.77 (-11.99%) |
| Nov 21, 2025 | 33 | -6.77 (-17.02%) |
| Feb 20, 2026 | 49 | 9.23 (23.21%) |
| Dec 18, 2026 | 3260 | 3220.23 (8097.34%) |