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OXY

Occidental Petroleum CorporatioClose $60.70EOD only
Max Pain
$55.00
Next expiry May 22, 2026
Expected Move
±$1.89
3.1% from close
Price Gap
-5.70
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.51
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects OXY options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — OXY
Data as of market close May 19, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $55.00 (5.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$1.89
±3.1%
Days to Expiry
3
Calendar days
Total Call OI
36,140
Nearest expiry
Total Put OI
8,267
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$60.70
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$55.005/8/2026, 11:25:45 PM
2026-05-15$54.005/15/2026, 11:30:17 PM
2026-05-22NextUpdated$55.005/19/2026, 11:24:01 PM
2026-05-29$56.005/19/2026, 11:24:01 PM
2026-06-05$55.005/19/2026, 11:24:01 PM
2026-06-12$54.005/19/2026, 11:24:01 PM
2026-06-18$52.505/19/2026, 11:24:01 PM
2026-06-26$54.005/19/2026, 11:24:01 PM
2026-07-17$55.005/19/2026, 11:24:01 PM
2026-08-21$55.005/19/2026, 11:24:01 PM
2026-09-18$50.005/19/2026, 11:24:01 PM
2026-11-20$55.005/19/2026, 11:24:01 PM
2026-12-18$50.005/19/2026, 11:24:01 PM
2027-01-15$50.005/19/2026, 11:24:01 PM
2027-03-19$57.505/19/2026, 11:24:01 PM
Selected expiration: 2026-05-22 at max pain $55.00.
OXY pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
3501713645017136450
4010001267195012672950
4114001178935011790750
4322001002435010026550
44320091420509145250
45430082630508267350
46560073875507393150
47690065122506519150
48830056407505649050
48.51355052108005224350
491880047820004800800
49.52570043551004380800
503260039293003961900
514910031598003208900
526610024053002471400
5310070016855001786200
5415540012449001400300
552670008511001118100
565114006062001117600
578058003991001204900
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.