This page reflects RIG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — RIG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $5.50 (0.44 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
±$0.22
±4.3%
Days to Expiry
8
Calendar days
Total Call OI
4,058
Nearest expiry
Total Put OI
1,002
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$5.06
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$5.50
6/26/2026, 11:27:37 PM
2026-07-02
$5.00
7/2/2026, 11:28:04 PM
2026-07-10NextUpdated
$5.50
7/3/2026, 11:29:34 PM
2026-07-17
$6.00
7/3/2026, 11:29:34 PM
2026-07-24
$5.50
7/3/2026, 11:29:34 PM
2026-07-31
$5.50
7/3/2026, 11:29:34 PM
2026-08-07
$5.50
7/3/2026, 11:29:34 PM
2026-08-21
$6.00
7/3/2026, 11:29:34 PM
2026-09-18
$6.00
7/3/2026, 11:29:34 PM
2026-11-20
$6.00
7/3/2026, 11:29:34 PM
2026-12-18
$5.00
7/3/2026, 11:29:34 PM
2027-01-15
$7.00
7/3/2026, 11:29:34 PM
2027-02-19
$5.00
7/3/2026, 11:29:34 PM
2027-03-19
$5.50
7/3/2026, 11:29:34 PM
2027-06-17
$4.00
7/3/2026, 11:29:34 PM
Selected expiration: 2026-07-10 at max pain $5.50.
RIG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
358400
358400
1.5
150
310600
310750
2
400
266750
267150
2.5
650
223000
223650
3
950
179250
180200
3.5
1250
135550
136800
4
1750
93950
95700
4.5
2550
55100
57650
5
3500
24450
27950
5.5
20450
5250
25700
6
68750
900
69650
6.5
136800
200
137000
7
212550
0
212550
7.5
295700
0
295700
8
458050
0
458050
8.5
629200
0
629200
9
800900
0
800900
9.5
987500
0
987500
10
1180050
0
1180050
10.5
1382950
0
1382950
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.