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GOLD

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Max pain for GOLD

02 Jul 2024 11:20 AM IST

Max Pain for GOLD is 72000  



Strike  67000  has a total call value of 0  versus a total put value of  1,486,150,000 Combined total value = 1,486,150,000

Strike  67100  has a total call value of 0  versus a total put value of  1,442,390,000 Combined total value = 1,442,390,000

Strike  67200  has a total call value of 0  versus a total put value of  1,398,630,000 Combined total value = 1,398,630,000

Strike  67300  has a total call value of 0  versus a total put value of  1,354,870,000 Combined total value = 1,354,870,000

Strike  67400  has a total call value of 0  versus a total put value of  1,311,110,000 Combined total value = 1,311,110,000

Strike  67500  has a total call value of 0  versus a total put value of  1,267,350,000 Combined total value = 1,267,350,000

Strike  67600  has a total call value of 0  versus a total put value of  1,223,590,000 Combined total value = 1,223,590,000

Strike  67700  has a total call value of 0  versus a total put value of  1,179,830,000 Combined total value = 1,179,830,000

Strike  67800  has a total call value of 0  versus a total put value of  1,136,070,000 Combined total value = 1,136,070,000

Strike  67900  has a total call value of 0  versus a total put value of  1,092,310,000 Combined total value = 1,092,310,000

Strike  68000  has a total call value of 0  versus a total put value of  1,048,550,000 Combined total value = 1,048,550,000

Strike  68100  has a total call value of 0  versus a total put value of  1,009,640,000 Combined total value = 1,009,640,000

Strike  68200  has a total call value of 0  versus a total put value of  970,730,000 Combined total value = 970,730,000

Strike  68300  has a total call value of 0  versus a total put value of  931,820,000 Combined total value = 931,820,000

Strike  68400  has a total call value of 0  versus a total put value of  892,910,000 Combined total value = 892,910,000

Strike  68500  has a total call value of 0  versus a total put value of  854,000,000 Combined total value = 854,000,000

Strike  68600  has a total call value of 0  versus a total put value of  815,090,000 Combined total value = 815,090,000

Strike  68700  has a total call value of 0  versus a total put value of  776,180,000 Combined total value = 776,180,000

Strike  68800  has a total call value of 0  versus a total put value of  737,270,000 Combined total value = 737,270,000

Strike  68900  has a total call value of 0  versus a total put value of  698,360,000 Combined total value = 698,360,000

Strike  69000  has a total call value of 0  versus a total put value of  659,450,000 Combined total value = 659,450,000

Strike  69100  has a total call value of 0  versus a total put value of  627,630,000 Combined total value = 627,630,000

Strike  69200  has a total call value of 0  versus a total put value of  595,810,000 Combined total value = 595,810,000

Strike  69300  has a total call value of 0  versus a total put value of  563,990,000 Combined total value = 563,990,000

Strike  69400  has a total call value of 0  versus a total put value of  532,170,000 Combined total value = 532,170,000

Strike  69500  has a total call value of 0  versus a total put value of  500,350,000 Combined total value = 500,350,000

Strike  69600  has a total call value of 0  versus a total put value of  468,530,000 Combined total value = 468,530,000

Strike  69700  has a total call value of 0  versus a total put value of  436,710,000 Combined total value = 436,710,000

Strike  69800  has a total call value of 0  versus a total put value of  404,890,000 Combined total value = 404,890,000

Strike  69900  has a total call value of 0  versus a total put value of  373,070,000 Combined total value = 373,070,000

Strike  70000  has a total call value of 0  versus a total put value of  341,250,000 Combined total value = 341,250,000

Strike  70100  has a total call value of 820,000  versus a total put value of  319,110,000 Combined total value = 319,930,000

Strike  70200  has a total call value of 1,640,000  versus a total put value of  296,970,000 Combined total value = 298,610,000

Strike  70300  has a total call value of 2,460,000  versus a total put value of  274,830,000 Combined total value = 277,290,000

Strike  70400  has a total call value of 3,280,000  versus a total put value of  252,690,000 Combined total value = 255,970,000

Strike  70500  has a total call value of 4,100,000  versus a total put value of  230,550,000 Combined total value = 234,650,000

Strike  70600  has a total call value of 4,920,000  versus a total put value of  209,670,000 Combined total value = 214,590,000

Strike  70700  has a total call value of 5,740,000  versus a total put value of  188,790,000 Combined total value = 194,530,000

Strike  70800  has a total call value of 6,560,000  versus a total put value of  167,910,000 Combined total value = 174,470,000

Strike  70900  has a total call value of 7,380,000  versus a total put value of  147,030,000 Combined total value = 154,410,000

Strike  71000  has a total call value of 8,200,000  versus a total put value of  126,150,000 Combined total value = 134,350,000

Strike  71100  has a total call value of 10,880,000  versus a total put value of  115,640,000 Combined total value = 126,520,000

Strike  71200  has a total call value of 13,560,000  versus a total put value of  105,130,000 Combined total value = 118,690,000

Strike  71300  has a total call value of 16,240,000  versus a total put value of  94,620,000 Combined total value = 110,860,000

Strike  71400  has a total call value of 18,920,000  versus a total put value of  84,110,000 Combined total value = 103,030,000

Strike  71500  has a total call value of 21,600,000  versus a total put value of  73,600,000 Combined total value = 95,200,000

Strike  71600  has a total call value of 25,340,000  versus a total put value of  64,760,000 Combined total value = 90,100,000

Strike  71700  has a total call value of 29,080,000  versus a total put value of  55,920,000 Combined total value = 85,000,000

Strike  71800  has a total call value of 32,820,000  versus a total put value of  47,080,000 Combined total value = 79,900,000

Strike  71900  has a total call value of 36,560,000  versus a total put value of  38,240,000 Combined total value = 74,800,000

Strike  72000  has a total call value of 40,300,000  versus a total put value of  29,400,000 Combined total value = 69,700,000

Strike  72100  has a total call value of 55,860,000  versus a total put value of  26,460,000 Combined total value = 82,320,000

Strike  72200  has a total call value of 71,420,000  versus a total put value of  23,520,000 Combined total value = 94,940,000

Strike  72300  has a total call value of 86,980,000  versus a total put value of  20,580,000 Combined total value = 107,560,000

Strike  72400  has a total call value of 102,540,000  versus a total put value of  17,640,000 Combined total value = 120,180,000

Strike  72500  has a total call value of 118,100,000  versus a total put value of  14,700,000 Combined total value = 132,800,000

Strike  72600  has a total call value of 134,660,000  versus a total put value of  11,760,000 Combined total value = 146,420,000

Strike  72700  has a total call value of 151,220,000  versus a total put value of  8,820,000 Combined total value = 160,040,000

Strike  72800  has a total call value of 167,780,000  versus a total put value of  5,880,000 Combined total value = 173,660,000

Strike  72900  has a total call value of 184,340,000  versus a total put value of  2,940,000 Combined total value = 187,280,000

Strike  73000  has a total call value of 200,900,000  versus a total put value of  0 Combined total value = 200,900,000

Strike  73100  has a total call value of 227,440,000  versus a total put value of  0 Combined total value = 227,440,000

Strike  73200  has a total call value of 253,980,000  versus a total put value of  0 Combined total value = 253,980,000

Strike  73300  has a total call value of 280,520,000  versus a total put value of  0 Combined total value = 280,520,000

Strike  73400  has a total call value of 307,060,000  versus a total put value of  0 Combined total value = 307,060,000

Strike  73500  has a total call value of 333,600,000  versus a total put value of  0 Combined total value = 333,600,000

Strike  73600  has a total call value of 362,300,000  versus a total put value of  0 Combined total value = 362,300,000

Strike  73700  has a total call value of 391,000,000  versus a total put value of  0 Combined total value = 391,000,000

Strike  73800  has a total call value of 419,700,000  versus a total put value of  0 Combined total value = 419,700,000

Strike  73900  has a total call value of 448,400,000  versus a total put value of  0 Combined total value = 448,400,000

Strike  74000  has a total call value of 477,100,000  versus a total put value of  0 Combined total value = 477,100,000

Strike  74100  has a total call value of 516,800,000  versus a total put value of  0 Combined total value = 516,800,000

Strike  74200  has a total call value of 556,500,000  versus a total put value of  0 Combined total value = 556,500,000

Strike  74300  has a total call value of 596,200,000  versus a total put value of  0 Combined total value = 596,200,000

Strike  74400  has a total call value of 635,900,000  versus a total put value of  0 Combined total value = 635,900,000

Strike  74500  has a total call value of 675,600,000  versus a total put value of  0 Combined total value = 675,600,000

Strike  74600  has a total call value of 717,290,000  versus a total put value of  0 Combined total value = 717,290,000

Strike  74700  has a total call value of 758,980,000  versus a total put value of  0 Combined total value = 758,980,000

Strike  74800  has a total call value of 800,670,000  versus a total put value of  0 Combined total value = 800,670,000

Strike  74900  has a total call value of 842,360,000  versus a total put value of  0 Combined total value = 842,360,000

Strike  75000  has a total call value of 884,050,000  versus a total put value of  0 Combined total value = 884,050,000

Strike  75100  has a total call value of 936,920,000  versus a total put value of  0 Combined total value = 936,920,000

Strike  75200  has a total call value of 989,790,000  versus a total put value of  0 Combined total value = 989,790,000

Strike  75300  has a total call value of 1,042,660,000  versus a total put value of  0 Combined total value = 1,042,660,000

Strike  75400  has a total call value of 1,095,530,000  versus a total put value of  0 Combined total value = 1,095,530,000

Strike  75500  has a total call value of 1,148,400,000  versus a total put value of  0 Combined total value = 1,148,400,000

Strike  75600  has a total call value of 1,201,270,000  versus a total put value of  0 Combined total value = 1,201,270,000

Strike  75700  has a total call value of 1,254,140,000  versus a total put value of  0 Combined total value = 1,254,140,000

Strike  75800  has a total call value of 1,307,010,000  versus a total put value of  0 Combined total value = 1,307,010,000

Strike  75900  has a total call value of 1,359,880,000  versus a total put value of  0 Combined total value = 1,359,880,000

Strike  76000  has a total call value of 1,412,750,000  versus a total put value of  0 Combined total value = 1,412,750,000

Strike  76100  has a total call value of 1,468,460,000  versus a total put value of  0 Combined total value = 1,468,460,000

Strike  76200  has a total call value of 1,524,170,000  versus a total put value of  0 Combined total value = 1,524,170,000

Strike  76300  has a total call value of 1,579,880,000  versus a total put value of  0 Combined total value = 1,579,880,000

Strike  76400  has a total call value of 1,635,590,000  versus a total put value of  0 Combined total value = 1,635,590,000

Strike  76500  has a total call value of 1,691,300,000  versus a total put value of  0 Combined total value = 1,691,300,000

Strike  76600  has a total call value of 1,747,010,000  versus a total put value of  0 Combined total value = 1,747,010,000

Strike  76700  has a total call value of 1,802,720,000  versus a total put value of  0 Combined total value = 1,802,720,000

Strike  76800  has a total call value of 1,858,430,000  versus a total put value of  0 Combined total value = 1,858,430,000

Strike  76900  has a total call value of 1,914,140,000  versus a total put value of  0 Combined total value = 1,914,140,000

Strike  77000  has a total call value of 1,969,850,000  versus a total put value of  0 Combined total value = 1,969,850,000

All Max-Pain Table

Max Pain - Choose a symbol



What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. Find the highest value strike price. This price is equivalent to max pain price.

How can a trader benefit?
As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. Call writers sell shares to drive share price down and Put holders buy shares to drive share price up. The max pain strike price exists somewhere in the middle.