VanEck Oil Services ETF (OIH)

OIH trades at $240.19, pinned near the near-term max pain of $245 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($245-$290), reflecting growing call interest at higher strikes. Key magnetic zone at 245 where 4 expirations converge.

Max pain for OIH shows an upward trend from 245 to 290, suggesting bullish positioning in longer-dated options. The 18% spread signals divergent expectations across timeframes. Most levels above 240.19 could support dips. Strong magnetic level at 245 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.