thetaOwl

OXY

Occidental Petroleum CorporatioClose $58.08EOD only
Max Pain
$58.00
Next expiry Oct 9, 2026
Expected Move
±$2.03
3.5% from close
Price Gap
-0.08
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.40
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 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
Oct 2, 2026 close
Max Pain — OXY
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $58.00 (0.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$58.00
Nearest expiry
Expected Move
±$2.03
±3.5%
Days to Expiry
7
Calendar days
Total Call OI
3,979
Nearest expiry
Total Put OI
3,514
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$58.08
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$58.009/25/2026, 11:28:28 PM
2026-10-02Updated$56.0010/2/2026, 11:21:33 PM
2026-10-09Next$58.0010/2/2026, 11:21:33 PM
2026-10-16$57.5010/2/2026, 11:21:33 PM
2026-10-23$57.0010/2/2026, 11:21:33 PM
2026-10-30$58.0010/2/2026, 11:21:33 PM
2026-11-06$55.0010/2/2026, 11:21:33 PM
2026-11-20$57.5010/2/2026, 11:21:33 PM
2026-12-18$52.5010/2/2026, 11:21:33 PM
2027-01-15$52.5010/2/2026, 11:21:33 PM
2027-02-19$52.5010/2/2026, 11:21:33 PM
2027-03-19$57.5010/2/2026, 11:21:33 PM
2027-05-21$47.5010/2/2026, 11:21:33 PM
2027-06-17$60.0010/2/2026, 11:21:33 PM
2027-09-17$62.5010/2/2026, 11:21:33 PM
Selected expiration: 2026-10-09 at max pain $58.00.
OXY pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
49024707002470700
50021199002119900
51017741001774100
5220014329001433100
5340011000001100400
54800777300778100
553400597500600900
5616400444300460700
5763400307100370500
58147300187600334900
5929890089500388400
6049660029700526300
6174290012900755800
6210170001001017100
63131600001316000
64163000001630000
65195540001955400
66229780002297800
67266830002668300
68304610003046100
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.