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GOLD

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Max pain for GOLD

04 Jul 2024 12:40 PM IST

Max Pain for GOLD is 72000  



Strike  68000  has a total call value of 0  versus a total put value of  1,228,500,000 Combined total value = 1,228,500,000

Strike  68100  has a total call value of 0  versus a total put value of  1,184,670,000 Combined total value = 1,184,670,000

Strike  68200  has a total call value of 0  versus a total put value of  1,140,840,000 Combined total value = 1,140,840,000

Strike  68300  has a total call value of 0  versus a total put value of  1,097,010,000 Combined total value = 1,097,010,000

Strike  68400  has a total call value of 0  versus a total put value of  1,053,180,000 Combined total value = 1,053,180,000

Strike  68500  has a total call value of 0  versus a total put value of  1,009,350,000 Combined total value = 1,009,350,000

Strike  68600  has a total call value of 0  versus a total put value of  965,810,000 Combined total value = 965,810,000

Strike  68700  has a total call value of 0  versus a total put value of  922,270,000 Combined total value = 922,270,000

Strike  68800  has a total call value of 0  versus a total put value of  878,730,000 Combined total value = 878,730,000

Strike  68900  has a total call value of 0  versus a total put value of  835,190,000 Combined total value = 835,190,000

Strike  69000  has a total call value of 0  versus a total put value of  791,650,000 Combined total value = 791,650,000

Strike  69100  has a total call value of 0  versus a total put value of  755,490,000 Combined total value = 755,490,000

Strike  69200  has a total call value of 0  versus a total put value of  719,330,000 Combined total value = 719,330,000

Strike  69300  has a total call value of 0  versus a total put value of  683,170,000 Combined total value = 683,170,000

Strike  69400  has a total call value of 0  versus a total put value of  647,010,000 Combined total value = 647,010,000

Strike  69500  has a total call value of 0  versus a total put value of  610,850,000 Combined total value = 610,850,000

Strike  69600  has a total call value of 0  versus a total put value of  574,690,000 Combined total value = 574,690,000

Strike  69700  has a total call value of 0  versus a total put value of  538,530,000 Combined total value = 538,530,000

Strike  69800  has a total call value of 0  versus a total put value of  502,370,000 Combined total value = 502,370,000

Strike  69900  has a total call value of 0  versus a total put value of  466,210,000 Combined total value = 466,210,000

Strike  70000  has a total call value of 0  versus a total put value of  430,050,000 Combined total value = 430,050,000

Strike  70100  has a total call value of 450,000  versus a total put value of  403,760,000 Combined total value = 404,210,000

Strike  70200  has a total call value of 900,000  versus a total put value of  377,470,000 Combined total value = 378,370,000

Strike  70300  has a total call value of 1,350,000  versus a total put value of  351,180,000 Combined total value = 352,530,000

Strike  70400  has a total call value of 1,800,000  versus a total put value of  324,890,000 Combined total value = 326,690,000

Strike  70500  has a total call value of 2,250,000  versus a total put value of  298,600,000 Combined total value = 300,850,000

Strike  70600  has a total call value of 2,700,000  versus a total put value of  273,150,000 Combined total value = 275,850,000

Strike  70700  has a total call value of 3,150,000  versus a total put value of  247,700,000 Combined total value = 250,850,000

Strike  70800  has a total call value of 3,600,000  versus a total put value of  222,250,000 Combined total value = 225,850,000

Strike  70900  has a total call value of 4,050,000  versus a total put value of  196,800,000 Combined total value = 200,850,000

Strike  71000  has a total call value of 4,500,000  versus a total put value of  171,350,000 Combined total value = 175,850,000

Strike  71100  has a total call value of 6,170,000  versus a total put value of  156,600,000 Combined total value = 162,770,000

Strike  71200  has a total call value of 7,840,000  versus a total put value of  141,850,000 Combined total value = 149,690,000

Strike  71300  has a total call value of 9,510,000  versus a total put value of  127,100,000 Combined total value = 136,610,000

Strike  71400  has a total call value of 11,180,000  versus a total put value of  112,350,000 Combined total value = 123,530,000

Strike  71500  has a total call value of 12,850,000  versus a total put value of  97,600,000 Combined total value = 110,450,000

Strike  71600  has a total call value of 15,140,000  versus a total put value of  85,010,000 Combined total value = 100,150,000

Strike  71700  has a total call value of 17,430,000  versus a total put value of  72,420,000 Combined total value = 89,850,000

Strike  71800  has a total call value of 19,720,000  versus a total put value of  59,830,000 Combined total value = 79,550,000

Strike  71900  has a total call value of 22,010,000  versus a total put value of  47,240,000 Combined total value = 69,250,000

Strike  72000  has a total call value of 24,300,000  versus a total put value of  34,650,000 Combined total value = 58,950,000

Strike  72100  has a total call value of 32,290,000  versus a total put value of  31,020,000 Combined total value = 63,310,000

Strike  72200  has a total call value of 40,280,000  versus a total put value of  27,390,000 Combined total value = 67,670,000

Strike  72300  has a total call value of 48,270,000  versus a total put value of  23,760,000 Combined total value = 72,030,000

Strike  72400  has a total call value of 56,260,000  versus a total put value of  20,130,000 Combined total value = 76,390,000

Strike  72500  has a total call value of 64,250,000  versus a total put value of  16,500,000 Combined total value = 80,750,000

Strike  72600  has a total call value of 73,210,000  versus a total put value of  13,200,000 Combined total value = 86,410,000

Strike  72700  has a total call value of 82,170,000  versus a total put value of  9,900,000 Combined total value = 92,070,000

Strike  72800  has a total call value of 91,130,000  versus a total put value of  6,600,000 Combined total value = 97,730,000

Strike  72900  has a total call value of 100,090,000  versus a total put value of  3,300,000 Combined total value = 103,390,000

Strike  73000  has a total call value of 109,050,000  versus a total put value of  0 Combined total value = 109,050,000

Strike  73100  has a total call value of 125,120,000  versus a total put value of  0 Combined total value = 125,120,000

Strike  73200  has a total call value of 141,190,000  versus a total put value of  0 Combined total value = 141,190,000

Strike  73300  has a total call value of 157,260,000  versus a total put value of  0 Combined total value = 157,260,000

Strike  73400  has a total call value of 173,330,000  versus a total put value of  0 Combined total value = 173,330,000

Strike  73500  has a total call value of 189,400,000  versus a total put value of  0 Combined total value = 189,400,000

Strike  73600  has a total call value of 206,300,000  versus a total put value of  0 Combined total value = 206,300,000

Strike  73700  has a total call value of 223,200,000  versus a total put value of  0 Combined total value = 223,200,000

Strike  73800  has a total call value of 240,100,000  versus a total put value of  0 Combined total value = 240,100,000

Strike  73900  has a total call value of 257,000,000  versus a total put value of  0 Combined total value = 257,000,000

Strike  74000  has a total call value of 273,900,000  versus a total put value of  0 Combined total value = 273,900,000

Strike  74100  has a total call value of 300,090,000  versus a total put value of  0 Combined total value = 300,090,000

Strike  74200  has a total call value of 326,280,000  versus a total put value of  0 Combined total value = 326,280,000

Strike  74300  has a total call value of 352,470,000  versus a total put value of  0 Combined total value = 352,470,000

Strike  74400  has a total call value of 378,660,000  versus a total put value of  0 Combined total value = 378,660,000

Strike  74500  has a total call value of 404,850,000  versus a total put value of  0 Combined total value = 404,850,000

Strike  74600  has a total call value of 432,070,000  versus a total put value of  0 Combined total value = 432,070,000

Strike  74700  has a total call value of 459,290,000  versus a total put value of  0 Combined total value = 459,290,000

Strike  74800  has a total call value of 486,510,000  versus a total put value of  0 Combined total value = 486,510,000

Strike  74900  has a total call value of 513,730,000  versus a total put value of  0 Combined total value = 513,730,000

Strike  75000  has a total call value of 540,950,000  versus a total put value of  0 Combined total value = 540,950,000

Strike  75100  has a total call value of 578,540,000  versus a total put value of  0 Combined total value = 578,540,000

Strike  75200  has a total call value of 616,130,000  versus a total put value of  0 Combined total value = 616,130,000

Strike  75300  has a total call value of 653,720,000  versus a total put value of  0 Combined total value = 653,720,000

Strike  75400  has a total call value of 691,310,000  versus a total put value of  0 Combined total value = 691,310,000

Strike  75500  has a total call value of 728,900,000  versus a total put value of  0 Combined total value = 728,900,000

Strike  75600  has a total call value of 766,490,000  versus a total put value of  0 Combined total value = 766,490,000

Strike  75700  has a total call value of 804,080,000  versus a total put value of  0 Combined total value = 804,080,000

Strike  75800  has a total call value of 841,670,000  versus a total put value of  0 Combined total value = 841,670,000

Strike  75900  has a total call value of 879,260,000  versus a total put value of  0 Combined total value = 879,260,000

Strike  76000  has a total call value of 916,850,000  versus a total put value of  0 Combined total value = 916,850,000

Strike  76100  has a total call value of 957,580,000  versus a total put value of  0 Combined total value = 957,580,000

Strike  76200  has a total call value of 998,310,000  versus a total put value of  0 Combined total value = 998,310,000

Strike  76300  has a total call value of 1,039,040,000  versus a total put value of  0 Combined total value = 1,039,040,000

Strike  76400  has a total call value of 1,079,770,000  versus a total put value of  0 Combined total value = 1,079,770,000

Strike  76500  has a total call value of 1,120,500,000  versus a total put value of  0 Combined total value = 1,120,500,000

Strike  76600  has a total call value of 1,161,230,000  versus a total put value of  0 Combined total value = 1,161,230,000

Strike  76700  has a total call value of 1,201,960,000  versus a total put value of  0 Combined total value = 1,201,960,000

Strike  76800  has a total call value of 1,242,690,000  versus a total put value of  0 Combined total value = 1,242,690,000

Strike  76900  has a total call value of 1,283,420,000  versus a total put value of  0 Combined total value = 1,283,420,000

Strike  77000  has a total call value of 1,324,150,000  versus a total put value of  0 Combined total value = 1,324,150,000

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.