Transocean Ltd. (RIG)
Transocean Max Pain By Strike
RIG trades at $3.06, 2.0% above the near-term max pain of $3 expiring Sep 5, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($0.5-$4), indicating stable market expectations. Key magnetic zone at 3 where 15 expirations converge.
Transocean Max Pain By Expiry
Max pain for RIG shows stable levels around 2.79, reflecting balanced market expectations. The 125% spread signals divergent expectations across timeframes. Most levels below 3.06 may cap rallies. Strong magnetic level at 3 (15 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 |
|---|---|---|
| Sep 5, 2025 | 3 | -0.06 (-2.12%) |
| Sep 12, 2025 | 3 | -0.06 (-2.12%) |
| Sep 19, 2025 | 3 | -0.06 (-2.12%) |
| Sep 26, 2025 | 3 | -0.06 (-2.12%) |
| Oct 3, 2025 | 3 | -0.06 (-2.12%) |
| Oct 10, 2025 | 3 | -0.06 (-2.12%) |
| Oct 17, 2025 | 3 | -0.06 (-2.12%) |
| Oct 24, 2025 | 0.5 | -2.56 (-83.69%) |
| Nov 21, 2025 | 3 | -0.06 (-2.12%) |
| Dec 19, 2025 | 3 | -0.06 (-2.12%) |
| Jan 16, 2026 | 3 | -0.06 (-2.12%) |
| Feb 20, 2026 | 2.5 | -0.56 (-18.43%) |
| Mar 20, 2026 | 2.5 | -0.56 (-18.43%) |
| Jun 18, 2026 | 2.5 | -0.56 (-18.43%) |
| Sep 18, 2026 | 2.5 | -0.56 (-18.43%) |
| Dec 18, 2026 | 3 | -0.06 (-2.12%) |
| Jan 15, 2027 | 4 | 0.94 (30.51%) |