Murphy USA Inc. (MUSA)
Murphy USA Max Pain By Strike
MUSA trades at $394.39, 6.6% above the near-term max pain of $370 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($270-$990), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Murphy USA Max Pain By Expiry
Max pain for MUSA shows a downward trend from 990 to 270, indicating bearish sentiment or hedging activity. The 151% spread signals divergent expectations across timeframes. Levels distributed around 394.39. 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 | 370 | -24.39 (-6.18%) |
| Oct 17, 2025 | 390 | -4.39 (-1.11%) |
| Dec 19, 2025 | 450 | 55.61 (14.10%) |
| Jan 16, 2026 | 400 | 5.61 (1.42%) |
| Apr 17, 2026 | 270 | -124.39 (-31.54%) |
| Jun 18, 2026 | 990 | 595.61 (151.02%) |