Weatherford International plcClose $111.38EOD only
Max Pain
$105.00
Next expiry Jun 18, 2026
Expected Move
±$11.25
10.1% from close
Price Gap
-6.38
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.08
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects WFRD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — WFRD
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $105.00 (6.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$11.25
±10.1%
Days to Expiry
29
Calendar days
Total Call OI
669
Nearest expiry
Total Put OI
123
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$111.38
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$85.00
4/17/2026, 11:33:10 PM
2026-05-15
$100.00
5/15/2026, 11:45:16 PM
2026-06-18NextUpdated
$105.00
5/20/2026, 11:41:38 PM
2026-07-17
$95.00
5/20/2026, 11:41:38 PM
2026-10-16
$90.00
5/20/2026, 11:41:38 PM
2026-12-18
$85.00
5/20/2026, 11:41:38 PM
Selected expiration: 2026-06-18 at max pain $105.00.
WFRD pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
465000
465000
70
0
404500
404500
75
0
344500
344500
80
0
287000
287000
85
0
230500
230500
90
0
176000
176000
95
0
131000
131000
100
1000
88500
89500
105
11500
52500
64000
110
43000
23500
66500
115
241000
0
241000
120
457000
0
457000
125
687000
0
687000
130
941000
0
941000
135
1204500
0
1204500
140
1484500
0
1484500
145
1815500
0
1815500
150
2148000
0
2148000
160
2815000
0
2815000
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.