thetaOwl

XOM

Exxon Mobil CorporationClose $161.46EOD only
Max Pain
$157.50
Next expiry Aug 21, 2026
Expected Move
±$4.26
2.6% from close
Price Gap
-3.96
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.76
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects XOM 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 — XOM
Data as of market close Aug 17, 2026

Nearest listed expiration 2026-08-21 shows max pain at $157.50 (3.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$157.50
Nearest expiry
Expected Move
±$4.26
±2.6%
Days to Expiry
4
Calendar days
Total Call OI
52,304
Nearest expiry
Total Put OI
36,733
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$161.46
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$150.008/7/2026, 11:37:56 PM
2026-08-14$155.008/14/2026, 11:39:37 PM
2026-08-21NextUpdated$157.508/17/2026, 11:46:03 PM
2026-08-28$155.008/17/2026, 11:46:03 PM
2026-09-04$155.008/17/2026, 11:46:03 PM
2026-09-11$155.008/17/2026, 11:46:03 PM
2026-09-18$150.008/17/2026, 11:46:03 PM
2026-09-25$155.008/17/2026, 11:46:03 PM
2026-10-02$147.008/17/2026, 11:46:03 PM
2026-10-16$150.008/17/2026, 11:46:03 PM
2026-11-20$145.008/17/2026, 11:46:03 PM
2026-12-18$130.008/17/2026, 11:46:03 PM
2027-01-15$130.008/17/2026, 11:46:03 PM
2027-03-19$150.008/17/2026, 11:46:03 PM
2027-06-17$140.008/17/2026, 11:46:03 PM
Selected expiration: 2026-08-21 at max pain $157.50.
XOM pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
750245231550245231550
801000226866050226867050
855000208502050208507050
9011500190138050190149550
9519000171789050171808050
10027000153440050153467050
10535000135256050135291050
11043000117201550117244550
115515009928955099341050
120625008155455081617050
125760006470305064779050
1301260004897305049099050
1351800003417405034354050
1362093003182975032039050
1372386002948785029726450
1382679002715795027425850
1392972002483895025136150
1403265002252895022855450
1413623002051045020872750
1423981001851385018911950
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.