What is OXY max pain this week?

OXY max pain for the nearest expiration (2026-07-10) is $50.00. Total call open interest: 21,599. Total put open interest: 5,681.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options OXYMax Pain

OXY

Occidental Petroleum CorporatioClose $48.91EOD only

Max Pain

$50.00

Next expiry Jul 10, 2026

Expected Move

±$1.76

3.6% from close

Price Gap

+1.09

Distance to max pain

IV Rank

Low premium

P/C OI

0.46

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 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

Jul 2, 2026 close

Max Pain — OXY

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $50.00 (1.09 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$50.00

Nearest expiry

Expected Move

±$1.76

±3.6%

Days to Expiry

Calendar days

Total Call OI

21,599

Nearest expiry

Total Put OI

5,681

Nearest expiry

P/C OI Ratio

0.26

Put-heavy

Spot Price

$48.91

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-07-10

Expiration	Max Pain Strike	Last Updated
2026-06-26	$52.00	6/26/2026, 11:27:08 PM
2026-07-02	$49.00	7/2/2026, 11:24:58 PM
2026-07-10NextUpdated	$50.00	7/3/2026, 11:21:35 PM
2026-07-17	$52.00	7/3/2026, 11:21:35 PM
2026-07-24	$51.00	7/3/2026, 11:21:35 PM
2026-07-31	$50.00	7/3/2026, 11:21:35 PM
2026-08-07	$50.00	7/3/2026, 11:21:35 PM
2026-08-21	$55.00	7/3/2026, 11:21:35 PM
2026-09-18	$50.00	7/3/2026, 11:21:35 PM
2026-11-20	$55.00	7/3/2026, 11:21:35 PM
2026-12-18	$50.00	7/3/2026, 11:21:35 PM
2027-01-15	$50.00	7/3/2026, 11:21:35 PM
2027-02-19	$52.50	7/3/2026, 11:21:35 PM
2027-03-19	$55.00	7/3/2026, 11:21:35 PM
2027-06-17	$55.00	7/3/2026, 11:21:35 PM

Selected expiration: 2026-07-10 at max pain $50.00.

OXY pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
30	0	10792950	10792950
42	102000	3975750	4077750
43	110500	3407850	3518350
44	119000	2841350	2960350
45	127500	2275850	2403350
46	137000	1712450	1849450
46.5	143250	1454000	1597250
47	149500	1204150	1353650
48	164800	761650	926450
48.5	172450	562600	735050
49	180100	366500	546600
49.5	209250	251200	460450
50	238400	163900	402300
51	1083500	69800	1153300
52	2782800	25800	2808600
53	4598500	3700	4602200
54	6451200	300	6451500
55	8326100	0	8326100
56	10315700	0	10315700
57	12323700	0	12323700

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.