(USO)
Max Pain By Strike
USO trades at $72.8, pinned near the near-term max pain of $74 expiring Aug 20, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($71-$75.5), indicating stable market expectations. Key magnetic zone at 74 where 6 expirations converge.
Max Pain By Expiry
Max pain for USO shows stable levels around 73.42, reflecting balanced market expectations. The 6% spread suggests strong consensus on fair value. Most levels above 72.8 could support dips. Strong magnetic level at 74 (6 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 20, 2025 | 74 | 1.20 (1.66%) |
| Aug 22, 2025 | 74 | 1.20 (1.66%) |
| Aug 27, 2025 | 72 | -0.80 (-1.09%) |
| Aug 29, 2025 | 73.5 | 0.70 (0.97%) |
| Sep 5, 2025 | 74 | 1.20 (1.66%) |
| Sep 12, 2025 | 75.5 | 2.70 (3.72%) |
| Sep 19, 2025 | 75 | 2.20 (3.03%) |
| Sep 26, 2025 | 73.5 | 0.70 (0.97%) |
| Oct 17, 2025 | 73 | 0.20 (0.28%) |
| Dec 19, 2025 | 72 | -0.80 (-1.09%) |
| Jan 16, 2026 | 74 | 1.20 (1.66%) |
| Apr 17, 2026 | 73 | 0.20 (0.28%) |
| Jan 15, 2027 | 71 | -1.80 (-2.47%) |