Halliburton (HAL)

HAL trades at $24.31, pinned near the near-term max pain of $24.5 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($15-$27), reflecting growing call interest at higher strikes. Key magnetic zone at 23 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HAL shows an upward trend from 15 to 27, suggesting bullish positioning in longer-dated options. The 51% spread signals divergent expectations across timeframes. Most levels below 24.31 may cap rallies. Strong magnetic level at 23 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.