Obsidian Energy (OBE) Options Chain

NYSE: OBEEnergyOil & Gas ProductionUSD

11.12+0.01 (+0.09%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $11.12
Put/call ratio (OI): 0.03
Put/call ratio (volume): 0.14
ATM implied volatility: 72.8%
Expected move: ±$3.49
Open interest (C / P): 39.91K / 1.11K

OBE options summary

The OBE options chain for the December 18, 2026 expiration lists 10 call and 7 put contracts, with 68 days until expiration. Open interest stands at 39,914 calls and 1,114 puts, a put/call ratio of 0.03, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 72.8%, which implies the market expects a move of about ±$3.49 (31.4%) in Obsidian Energy stock by expiration.

The most open interest sits at the $15.00 call (13.21K contracts) and the $10.00 put (460 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

OBE options chain · December 18, 2026

OBE calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
164	4	202.3%	8.66	8.00	9.40	2.50	—	—	—	—	—	—
59	8	113.3%	6.00	5.50	6.90	5.00	0.00	0.45	0.10	145.7%	91	116
1,878	2	88.9%	3.99	3.70	4.10	7.50	0.10	0.40	0.20	85.5%	1	283
3,308	1	75.1%	1.90	1.75	2.25	10.00	0.65	0.95	0.77	70.4%	8	460
OBE $11.12
6,998	615	70.4%	0.88	0.80	0.90	12.50	2.00	2.25	2.15	64.8%	2	249
13,211	84	81.3%	0.37	0.30	0.70	15.00	3.60	4.60	3.62	60.9%	7	6
5,206	9	75.8%	0.12	0.05	0.30	17.50	—	—	—	—	—	—
3,853	1	80.5%	0.10	0.05	0.15	20.00	—	—	—	—	—	—
2,817	1	106.5%	0.10	0.00	0.40	22.50	11.90	14.20	12.19	207.4%	—	0
2,420	70	123.4%	0.10	0.00	0.50	25.00	13.20	15.60	15.17	148.4%	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the OBE put/call ratio?

For the December 18, 2026 expiration, the OBE put/call ratio based on open interest is 0.03 (1,114 puts vs 39,914 calls), and 0.14 based on today's volume. A ratio above 1 means more puts than calls.

What is OBE's implied volatility?

At-the-money implied volatility for OBE options expiring December 18, 2026 is about 72.8%, an annualized estimate of how much the market expects Obsidian Energy stock to move.

How many OBE option expiration dates are there?

OBE has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.