(OILK)
Max Pain By Strike
OILK trades at $40.82, 13.4% above the near-term max pain of $36 expiring Sep 19, 2025 (15 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($33-$3260), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for OILK shows a downward trend from 3260 to 33, indicating bearish sentiment or hedging activity. The 472% spread signals divergent expectations across timeframes. Levels distributed around 40.82. 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 | 36 | -4.82 (-11.81%) |
| Oct 17, 2025 | 42 | 1.18 (2.89%) |
| Nov 21, 2025 | 33 | -7.82 (-19.16%) |
| Feb 20, 2026 | 49 | 8.18 (20.04%) |
| Dec 18, 2026 | 3260 | 3219.18 (7886.28%) |