This page reflects EQNR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — EQNR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $34.00 (1.96 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$34.00
Nearest expiry
Expected Move
±$1.60
±5.0%
Days to Expiry
15
Calendar days
Total Call OI
16,392
Nearest expiry
Total Put OI
11,842
Nearest expiry
P/C OI Ratio
0.72
Put-heavy
Spot Price
$32.04
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$40.00
5/15/2026, 11:13:25 PM
2026-06-18
$38.00
6/18/2026, 11:13:33 PM
2026-07-17NextUpdated
$34.00
7/3/2026, 11:11:36 PM
2026-08-21
$32.00
7/3/2026, 11:11:36 PM
2026-10-16
$36.00
7/3/2026, 11:11:36 PM
2027-01-15
$29.42
7/3/2026, 11:11:36 PM
Selected expiration: 2026-07-17 at max pain $34.00.
EQNR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
14635300
14635300
16
300
13452800
13453100
17
600
12271800
12272400
18
1200
11091700
11092900
19
1800
9914000
9915800
20
2500
8787200
8789700
21
3400
7675700
7679100
22
4700
6596700
6601400
23
6200
5531500
5537700
24
7800
4493500
4501300
25
9500
3970900
3980400
26
11800
3452000
3463800
27
14100
2941800
2955900
28
25600
2473900
2499500
29
48600
2030000
2078600
30
98600
1630900
1729500
31
202600
1282700
1485300
32
318600
990100
1308700
33
460300
738200
1198500
34
686800
507300
1194100
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.