Murphy Oil Corporation (MUR)
Murphy Oil Max Pain By Strike
MUR trades at $22.23, pinned near the near-term max pain of $22.5 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22.5-$27.5), reflecting growing call interest at higher strikes. Key magnetic zone at 23 where 5 expirations converge.
Murphy Oil Max Pain By Expiry
Max pain for MUR shows an upward trend from 22.5 to 27.5, suggesting bullish positioning in longer-dated options. The 21% spread signals divergent expectations across timeframes. Most levels above 22.23 could support dips. Strong magnetic level at 23 (5 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 |
|---|---|---|
| Sep 19, 2025 | 22.5 | 0.27 (1.24%) |
| Oct 17, 2025 | 22.5 | 0.27 (1.24%) |
| Nov 21, 2025 | 27.5 | 5.27 (23.73%) |
| Jan 16, 2026 | 22.5 | 0.27 (1.24%) |
| Feb 20, 2026 | 25 | 2.77 (12.49%) |
| Mar 20, 2026 | 22.5 | 0.27 (1.24%) |
| Apr 17, 2026 | 25 | 2.77 (12.49%) |
| May 15, 2026 | 22.5 | 0.27 (1.24%) |