(USO)
Max Pain By Strike
USO trades at $74.84, pinned near the near-term max pain of $75 expiring Sep 3, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($70-$78), reflecting growing call interest at higher strikes. Key magnetic zone at 71 where 2 expirations converge.
Max Pain By Expiry
Max pain for USO shows an upward trend from 70 to 78, suggesting bullish positioning in longer-dated options. The 11% spread signals divergent expectations across timeframes. Levels distributed around 74.84. 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 3, 2025 | 75 | 0.16 (0.21%) |
| Sep 5, 2025 | 75.5 | 0.66 (0.88%) |
| Sep 10, 2025 | 78 | 3.16 (4.22%) |
| Sep 12, 2025 | 75.5 | 0.66 (0.88%) |
| Sep 19, 2025 | 75 | 0.16 (0.21%) |
| Sep 26, 2025 | 73.5 | -1.34 (-1.79%) |
| Oct 3, 2025 | 76.5 | 1.66 (2.22%) |
| Oct 10, 2025 | 71 | -3.84 (-5.13%) |
| Oct 17, 2025 | 73 | -1.84 (-2.46%) |
| Dec 19, 2025 | 72 | -2.84 (-3.79%) |
| Jan 16, 2026 | 74 | -0.84 (-1.12%) |
| Apr 17, 2026 | 70 | -4.84 (-6.47%) |
| Jan 15, 2027 | 71 | -3.84 (-5.13%) |