Occidental Petroleum Corp... (OXY)
Occidental Petroleum Max Pain By Strike
OXY trades at $46.42, 4.3% above the near-term max pain of $44.5 expiring Aug 29, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$50), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Occidental Petroleum Max Pain By Expiry
Max pain for OXY shows a downward trend from 50 to 25, indicating bearish sentiment or hedging activity. The 58% spread signals divergent expectations across timeframes. Most levels below 46.42 may cap rallies. Strong magnetic level at 45 (7 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 |
|---|---|---|
| Aug 29, 2025 | 44.5 | -1.92 (-4.14%) |
| Sep 5, 2025 | 43 | -3.42 (-7.37%) |
| Sep 12, 2025 | 44 | -2.42 (-5.21%) |
| Sep 19, 2025 | 45 | -1.42 (-3.06%) |
| Sep 26, 2025 | 45 | -1.42 (-3.06%) |
| Oct 3, 2025 | 45 | -1.42 (-3.06%) |
| Oct 17, 2025 | 42.5 | -3.92 (-8.44%) |
| Nov 21, 2025 | 42.5 | -3.92 (-8.44%) |
| Dec 19, 2025 | 45 | -1.42 (-3.06%) |
| Jan 16, 2026 | 47.5 | 1.08 (2.33%) |
| Feb 20, 2026 | 42.5 | -3.92 (-8.44%) |
| Mar 20, 2026 | 40 | -6.42 (-13.83%) |
| Apr 17, 2026 | 25 | -21.42 (-46.14%) |
| Jun 18, 2026 | 42.5 | -3.92 (-8.44%) |
| Sep 18, 2026 | 45 | -1.42 (-3.06%) |
| Dec 18, 2026 | 50 | 3.58 (7.71%) |
| Jan 15, 2027 | 45 | -1.42 (-3.06%) |