This page reflects RIG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — RIG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $5.50 (0.33 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.50
Nearest expiry
Expected Move
±$0.25
±4.8%
Days to Expiry
7
Calendar days
Total Call OI
4,737
Nearest expiry
Total Put OI
2,534
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$5.17
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$5.50
9/25/2026, 11:29:49 PM
2026-10-02Updated
$5.00
10/2/2026, 11:25:51 PM
2026-10-09Next
$5.50
10/2/2026, 11:25:51 PM
2026-10-16
$6.00
10/2/2026, 11:25:51 PM
2026-10-23
$5.50
10/2/2026, 11:25:51 PM
2026-10-30
$5.50
10/2/2026, 11:25:51 PM
2026-11-06
$1.50
10/2/2026, 11:25:51 PM
2026-11-20
$6.00
10/2/2026, 11:25:51 PM
2026-12-18
$5.50
10/2/2026, 11:25:51 PM
2027-01-15
$7.00
10/2/2026, 11:25:51 PM
2027-02-19
$6.00
10/2/2026, 11:25:51 PM
2027-03-19
$5.50
10/2/2026, 11:25:51 PM
2027-05-21
$5.00
10/2/2026, 11:25:51 PM
2027-06-17
$4.00
10/2/2026, 11:25:51 PM
2027-09-17
$5.00
10/2/2026, 11:25:51 PM
Selected expiration: 2026-10-09 at max pain $5.50.
RIG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1085250
1085250
1.5
900
955250
956150
2
2100
825350
827450
2.5
4450
695450
699900
3
7100
565550
572650
3.5
9900
435650
445550
4
13500
305750
319250
4.5
17850
175850
193700
5
22300
66550
88850
5.5
41650
2900
44550
6
148200
1250
149450
6.5
281350
800
282150
7
430950
450
431400
7.5
690500
250
690750
8
951800
50
951850
8.5
1213950
0
1213950
9
1476100
0
1476100
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.