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OXY

Occidental Petroleum CorporatioClose $59.04EOD only
Max Pain
$55.00
Next expiry Aug 21, 2026
Expected Move
±$1.73
2.9% from close
Price Gap
-4.04
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.50
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 17, 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
Aug 17, 2026 close
Max Pain — OXY
Data as of market close Aug 17, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $55.00 (4.04 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
±$1.73
±2.9%
Days to Expiry
4
Calendar days
Total Call OI
90,937
Nearest expiry
Total Put OI
39,556
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$59.04
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$55.008/7/2026, 11:26:39 PM
2026-08-14$55.008/14/2026, 11:25:01 PM
2026-08-21NextUpdated$55.008/17/2026, 11:28:13 PM
2026-08-28$55.008/17/2026, 11:28:13 PM
2026-09-04$56.008/17/2026, 11:28:13 PM
2026-09-11$57.008/17/2026, 11:28:13 PM
2026-09-18$52.508/17/2026, 11:28:13 PM
2026-09-25$53.008/17/2026, 11:28:13 PM
2026-10-02$56.008/17/2026, 11:28:13 PM
2026-10-16$57.508/17/2026, 11:28:13 PM
2026-11-20$55.008/17/2026, 11:28:13 PM
2026-12-18$50.008/17/2026, 11:28:13 PM
2027-01-15$50.008/17/2026, 11:28:13 PM
2027-02-19$50.008/17/2026, 11:28:13 PM
2027-03-19$57.508/17/2026, 11:28:13 PM
2027-06-17$60.008/17/2026, 11:28:13 PM
Selected expiration: 2026-08-21 at max pain $55.00.
OXY pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
22.50114187850114187850
25750104301100104301850
27.520009441435094416350
3032508453085084534100
32.5130007467260074685600
35240006486985064893850
37.5817505518960055271350
401467504565685045803600
422433503811745038360800
42.52675003623265036500150
444110503074955031160600
455067502709445027601200
467220502384235024564400
479377502059155021529300
47.510459501896915020015100
4812128001756270018775500
48.513796501615755017537200
4915474001475305016300450
49.517157501334990015065650
5018841001195195013836050
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.