5.94K calls and 160 puts traded on Nov 4, 2026, 6.1K contracts in total. Open interest was 95.33K contracts. Over the past 30 days, volume averaged 2.48K contracts per day. The OBE option volume chart shows volume by strike and expiration date.

Obsidian Energy IV rank is 28, so its 30-day implied volatility of 77.9% is in the lower part of its one-year range. Over the past year it ranged from 30.0% on Dec 23, 2025 to 203.4% on Jul 17, 2026. See the OBE implied volatility history for a longer view.

The Obsidian Energy put/call volume ratio was 0.03 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.04. The OBE open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Obsidian Energy options about one week from expiration was $9.97, 7.9% above the $9.24 close. The OBE max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 82.9%, options price a move of about ±$1.06 (±11.5%) over the next week, a range of roughly $8.18 to $10.30 from the Nov 4, 2026 close. The OBE expected move chart shows it for every expiration date.