Borr Drilling Limited (BORR)
Borr Drilling Max Pain By Strike
BORR trades at $2.41, 3.6% below the near-term max pain of $2.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($0.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Borr Drilling Max Pain By Expiry
Max pain for BORR shows a downward trend from 7.5 to 0.5, indicating bearish sentiment or hedging activity. The 265% spread signals divergent expectations across timeframes. Most levels below 2.41 may cap rallies. Strong magnetic level at 2 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
Expiration Date | Max Pain | Max Pain vs Current Price |
---|---|---|
Aug 15, 2025 | 2.5 | 0.09 (3.73%) |
Sep 19, 2025 | 2 | -0.41 (-17.01%) |
Oct 17, 2025 | 0.5 | -1.91 (-79.25%) |
Nov 21, 2025 | 2 | -0.41 (-17.01%) |
Dec 19, 2025 | 2 | -0.41 (-17.01%) |
Jan 16, 2026 | 7.5 | 5.09 (211.20%) |
Feb 20, 2026 | 2 | -0.41 (-17.01%) |