CVX Max Pain
The max pain for Chevron Corporation (CVX) options expiring Dec 31, 2026 (46 DTE) is $210.00.
CVX Max Pain by Expiry
The Max Pain for all expiration dates of CVX.
CVX Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is CVX max pain this week?
As of the Nov 13, 2026 close, max pain for Chevron options expiring Dec 31, 2026 is $210.00. The chart above shows the exact max pain for each expiration date.
Does CVX trade above or below its max pain?
Chevron closed above its near-term max pain on 14 of the last 20 trading days. On Nov 13, 2026 it closed at $219.89, 2.3% above max pain of $215.00.
How has CVX max pain changed recently?
Over the last 20 trading days, near-term max pain for Chevron ranged from $211.43 to $223.57. It went from $211.43 on Oct 19, 2026 to $215.00 on Nov 13, 2026. See the CVX max pain history for a longer view.
What is Chevron Corporation?
Chevron is an integrated energy company with exploration, production, and refining operations worldwide.