1.87K calls and 1.91K puts traded on Nov 4, 2026, 3.78K contracts in total. Open interest was 147.71K contracts. Over the past 30 days, volume averaged 5.69K contracts per day. The BORR option volume chart shows volume by strike and expiration date.

Borr Drilling IV rank is 25, so its 30-day implied volatility of 84.0% is in the lower part of its one-year range. Over the past year it ranged from 41.6% on Nov 21, 2025 to 212.3% on Jan 16, 2026. See the BORR implied volatility history for a longer view.

The Borr Drilling put/call volume ratio was 1.02 on Nov 4, 2026, so calls and puts are about even. The put/call open interest ratio was 0.97. The BORR open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Borr Drilling options about one week from expiration was $5.01, 50.5% above the $3.33 close. The BORR max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 91.1%, options price a move of about ±$0.42 (±12.6%) over the next week, a range of roughly $2.91 to $3.75 from the Nov 4, 2026 close. The BORR expected move chart shows it for every expiration date.