WTI Max Pain
WTI Max Pain by Expiry
The Max Pain for all expiration dates of WTI.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
WTI 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 WTI max pain this week?
As of the Nov 6, 2026 close, max pain for W&T Offshore options about one week from expiration was $3.52. The chart above shows the exact max pain for each expiration date.
Does WTI trade above or below its max pain?
W&T Offshore closed above its near-term max pain on 17 of the last 20 trading days. On Nov 6, 2026 it closed at $3.09, 12.2% below max pain of $3.52.
How has WTI max pain changed recently?
Over the last 20 trading days, near-term max pain for W&T Offshore ranged from $3.50 to $3.59. It went from $3.50 on Oct 12, 2026 to $3.52 on Nov 6, 2026. See the WTI max pain history for a longer view.
What is W&T Offshore Inc?
W&T Offshore Inc is an an independent oil, NGL and natural gas producer with all of its operations offshore in the Gulf of America.