What is SLB max pain this week?

SLB max pain for the nearest expiration (2026-10-09) is $51.00. Total call open interest: 1,188. Total put open interest: 857.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options SLBMax Pain

SLB

SLB LimitedClose $48.74EOD only

Max Pain

$51.00

Next expiry Oct 9, 2026

Expected Move

±$0.76

1.6% from close

Price Gap

+2.26

Distance to max pain

IV Rank

Low premium

P/C OI

0.55

Slightly call-heavy

Consensus

3/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects SLB 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 — SLB

Data as of market close Oct 2, 2026

Open Available Reports (3/4)

Nearest listed expiration 2026-10-09 shows max pain at $51.00 (2.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$51.00

Nearest expiry

Expected Move

±$0.76

±1.6%

Days to Expiry

Calendar days

Total Call OI

1,188

Nearest expiry

Total Put OI

857

Nearest expiry

P/C OI Ratio

0.72

Put-heavy

Spot Price

$48.74

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	$51.00	9/25/2026, 11:29:50 PM
2026-10-02Updated	$49.00	10/2/2026, 11:27:55 PM
2026-10-09Next	$51.00	10/2/2026, 11:27:55 PM
2026-10-16	$52.50	10/2/2026, 11:27:55 PM
2026-10-23	$51.00	10/2/2026, 11:27:55 PM
2026-10-30	$52.00	10/2/2026, 11:27:55 PM
2026-11-06	$55.00	10/2/2026, 11:27:55 PM
2026-11-20	$52.50	10/2/2026, 11:27:55 PM
2026-12-18	$47.50	10/2/2026, 11:27:55 PM
2027-01-15	$47.50	10/2/2026, 11:27:55 PM
2027-02-19	$52.50	10/2/2026, 11:27:55 PM
2027-03-19	$52.50	10/2/2026, 11:27:55 PM
2027-05-21	$50.00	10/2/2026, 11:27:55 PM
2027-06-17	$50.00	10/2/2026, 11:27:55 PM
2027-09-17	$52.50	10/2/2026, 11:27:55 PM

Selected expiration: 2026-10-09 at max pain $51.00.

SLB pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
30	0	1975050	1975050
35	500	1453550	1454050
42	1200	724150	725350
43	1300	620150	621450
44	1400	517250	518650
45	1500	414350	415850
46	2400	321750	324150
46.5	3200	277150	280350
47	4000	232650	236650
47.5	4850	190000	194850
48	5800	149700	155500
48.5	7900	115050	122950
49	11600	85550	97150
49.5	19800	58800	78600
50	30800	35900	66700
51	58700	12000	70700
52	95100	3800	98900
53	147100	600	147700
54	207500	0	207500
55	281200	0	281200

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.