What is SLB max pain this week?

SLB max pain for the nearest expiration (2026-07-10) is $47.00. Total call open interest: 5,736. Total put open interest: 1,430.

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 $45.13EOD only

Max Pain

$47.00

Next expiry Jul 10, 2026

Expected Move

±$0.71

1.6% from close

Price Gap

+1.87

Distance to max pain

IV Rank

Low premium

P/C OI

0.48

Slightly call-heavy

Consensus

3/4

Partial coverage

Published snapshot: Jul 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

Jul 2, 2026 close

Max Pain — SLB

Data as of market close Jul 2, 2026

Open Available Reports (3/4)

Nearest listed expiration 2026-07-10 shows max pain at $47.00 (1.87 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$47.00

Nearest expiry

Expected Move

±$0.71

±1.6%

Days to Expiry

Calendar days

Total Call OI

5,736

Nearest expiry

Total Put OI

1,430

Nearest expiry

P/C OI Ratio

0.25

Put-heavy

Spot Price

$45.13

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	$50.00	6/26/2026, 11:30:04 PM
2026-07-02	$46.50	7/2/2026, 11:32:01 PM
2026-07-10NextUpdated	$47.00	7/3/2026, 11:29:40 PM
2026-07-17	$50.00	7/3/2026, 11:29:40 PM
2026-07-24	$47.00	7/3/2026, 11:29:40 PM
2026-07-31	$48.00	7/3/2026, 11:29:40 PM
2026-08-07	$46.00	7/3/2026, 11:29:40 PM
2026-08-21	$52.50	7/3/2026, 11:29:40 PM
2026-09-18	$42.50	7/3/2026, 11:29:40 PM
2026-11-20	$50.00	7/3/2026, 11:29:40 PM
2026-12-18	$45.00	7/3/2026, 11:29:40 PM
2027-01-15	$45.00	7/3/2026, 11:29:40 PM
2027-02-19	$40.00	7/3/2026, 11:29:40 PM
2027-03-19	$52.50	7/3/2026, 11:29:40 PM

Selected expiration: 2026-07-10 at max pain $47.00.

SLB pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
42	0	597400	597400
43	0	456400	456400
44	3600	315500	319100
44.5	5400	252800	258200
45	7200	198950	206150
46	10800	114850	125650
46.5	16650	75250	91900
47	24450	57350	81800
47.5	45800	45800	91600
48	71000	34250	105250
48.5	100950	25500	126450
49	134350	16750	151100
49.5	277850	13850	291700
50	421800	11500	433300
51	809000	8700	817700
52	1203600	6000	1209600
53	1647000	3300	1650300
54	2179700	1600	2181300
55	2713600	1400	2715000
56	3253800	1300	3255100

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.