(OUSM)
Max Pain By Strike
OUSM trades at $45.2, 18.9% above the near-term max pain of $38 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$39), signaling increased put positioning or downside protection. Key magnetic zone at 38 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for OUSM shows a downward trend from 39 to 34, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 45.2 may cap rallies. 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 | 38 | -7.20 (-15.94%) |
Oct 17, 2025 | 34 | -11.20 (-24.79%) |
Jan 16, 2026 | 38 | -7.20 (-15.94%) |
Apr 17, 2026 | 39 | -6.20 (-13.73%) |