CBOE: OUSA · Real-Time Price · USD
56.24
0.62 (1.11%)
At close: Aug 22, 2025, 3:10 PM

Max Pain By Strike

OUSA trades at $56.24, 10.3% above the near-term max pain of $51 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($49-$52), signaling increased put positioning or downside protection. Key magnetic zone at 49 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for OUSA shows a downward trend from 52 to 49, indicating bearish sentiment or hedging activity. The 6% spread suggests strong consensus on fair value. Most levels below 56.24 may cap rallies. 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 51 -5.24 (-9.33%)
Oct 17, 2025 49 -7.24 (-12.88%)
Jan 16, 2026 49 -7.24 (-12.88%)
Apr 17, 2026 52 -4.24 (-7.55%)