Max Pain — NBR
Data as of market close Apr 2, 2026
NBR Max Pain Data
- Max Pain Strike
- $60.00
- Expected Move
- ±$9.50 (±11.9%)
- Days to Expiry
- 15
- Total Call OI
- 969
- Total Put OI
- 1,263
- Put/Call OI Ratio
- 1.30
- Spot Price
- $79.99
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $60.00 | 4/3/2026, 1:09:14 AM |
| 2026-05-15 | $60.00 | 4/3/2026, 1:09:14 AM |
| 2026-07-17 | $65.00 | 4/3/2026, 1:09:14 AM |
| 2026-10-16 | $70.00 | 4/3/2026, 1:09:14 AM |
| 2027-01-15 | $45.00 | 4/3/2026, 1:09:14 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 17.5 | 0 | 4053000 | 4053000 |
| 20 | 0 | 3743250 | 3743250 |
| 22.5 | 0 | 3458000 | 3458000 |
| 25 | 0 | 3173000 | 3173000 |
| 30 | 0 | 2719000 | 2719000 |
| 35 | 1000 | 2267500 | 2268500 |
| 40 | 2000 | 1839000 | 1841000 |
| 45 | 7500 | 1417000 | 1424500 |
| 50 | 33500 | 1069500 | 1103000 |
| 55 | 82000 | 794500 | 876500 |
| 60 | 144500 | 593000 | 737500 |
| 65 | 278500 | 459000 | 737500 |
| 70 | 520000 | 353500 | 873500 |
| 75 | 864500 | 254000 | 1118500 |
| 80 | 1254500 | 166000 | 1420500 |
| 85 | 1654500 | 81000 | 1735500 |
| 90 | 2073000 | 0 | 2073000 |
| 95 | 2501000 | 0 | 2501000 |
| 100 | 2978500 | 0 | 2978500 |
| 105 | 3457000 | 0 | 3457000 |
View max pain levels for NBR options across expiration dates. Max pain marks the strike where the most contracts expire worthless — the point of maximum loss for option holders — along with the full open interest distribution.