[--[65.84.65.76]--]

GOLDM

Gold Mini
137838 +1734.00 (1.27%)
L: 136300 H: 138300
Max Pain - GOLDM
26 Dec 2025 11:58 PM IST


Strike  113900  has a total call value of 0  versus a total put value of  18,706,270,000,000 Combined total value = 18,706,270,000,000

Strike  114000  has a total call value of 0  versus a total put value of  18,606,931,000,000 Combined total value = 18,606,931,000,000

Strike  114100  has a total call value of 0  versus a total put value of  18,508,179,000,000 Combined total value = 18,508,179,000,000

Strike  114200  has a total call value of 0  versus a total put value of  18,409,427,000,000 Combined total value = 18,409,427,000,000

Strike  114300  has a total call value of 0  versus a total put value of  18,310,675,000,000 Combined total value = 18,310,675,000,000

Strike  114400  has a total call value of 0  versus a total put value of  18,211,923,000,000 Combined total value = 18,211,923,000,000

Strike  114500  has a total call value of 0  versus a total put value of  18,113,171,000,000 Combined total value = 18,113,171,000,000

Strike  114600  has a total call value of 0  versus a total put value of  18,014,419,000,000 Combined total value = 18,014,419,000,000

Strike  114700  has a total call value of 0  versus a total put value of  17,915,667,000,000 Combined total value = 17,915,667,000,000

Strike  114800  has a total call value of 0  versus a total put value of  17,816,915,000,000 Combined total value = 17,816,915,000,000

Strike  114900  has a total call value of 0  versus a total put value of  17,718,163,000,000 Combined total value = 17,718,163,000,000

Strike  115000  has a total call value of 0  versus a total put value of  17,619,411,000,000 Combined total value = 17,619,411,000,000

Strike  115100  has a total call value of 433,000,000  versus a total put value of  17,521,607,000,000 Combined total value = 17,522,040,000,000

Strike  115200  has a total call value of 866,000,000  versus a total put value of  17,423,803,000,000 Combined total value = 17,424,669,000,000

Strike  115300  has a total call value of 1,299,000,000  versus a total put value of  17,325,999,000,000 Combined total value = 17,327,298,000,000

Strike  115400  has a total call value of 1,732,000,000  versus a total put value of  17,228,195,000,000 Combined total value = 17,229,927,000,000

Strike  115500  has a total call value of 2,165,000,000  versus a total put value of  17,130,391,000,000 Combined total value = 17,132,556,000,000

Strike  115600  has a total call value of 2,598,000,000  versus a total put value of  17,032,587,000,000 Combined total value = 17,035,185,000,000

Strike  115700  has a total call value of 3,031,000,000  versus a total put value of  16,934,783,000,000 Combined total value = 16,937,814,000,000

Strike  115800  has a total call value of 3,464,000,000  versus a total put value of  16,836,979,000,000 Combined total value = 16,840,443,000,000

Strike  115900  has a total call value of 3,897,000,000  versus a total put value of  16,739,175,000,000 Combined total value = 16,743,072,000,000

Strike  116000  has a total call value of 4,330,000,000  versus a total put value of  16,641,371,000,000 Combined total value = 16,645,701,000,000

Strike  116100  has a total call value of 4,763,000,000  versus a total put value of  16,543,567,000,000 Combined total value = 16,548,330,000,000

Strike  116200  has a total call value of 5,196,000,000  versus a total put value of  16,445,763,000,000 Combined total value = 16,450,959,000,000

Strike  116300  has a total call value of 5,629,000,000  versus a total put value of  16,347,959,000,000 Combined total value = 16,353,588,000,000

Strike  116400  has a total call value of 6,062,000,000  versus a total put value of  16,250,155,000,000 Combined total value = 16,256,217,000,000

Strike  116500  has a total call value of 6,495,000,000  versus a total put value of  16,152,351,000,000 Combined total value = 16,158,846,000,000

Strike  116600  has a total call value of 6,928,000,000  versus a total put value of  16,054,547,000,000 Combined total value = 16,061,475,000,000

Strike  116700  has a total call value of 7,361,000,000  versus a total put value of  15,956,743,000,000 Combined total value = 15,964,104,000,000

Strike  116800  has a total call value of 7,794,000,000  versus a total put value of  15,858,939,000,000 Combined total value = 15,866,733,000,000

Strike  116900  has a total call value of 8,227,000,000  versus a total put value of  15,761,135,000,000 Combined total value = 15,769,362,000,000

Strike  117000  has a total call value of 8,660,000,000  versus a total put value of  15,663,331,000,000 Combined total value = 15,671,991,000,000

Strike  117100  has a total call value of 9,093,000,000  versus a total put value of  15,565,527,000,000 Combined total value = 15,574,620,000,000

Strike  117200  has a total call value of 9,526,000,000  versus a total put value of  15,467,723,000,000 Combined total value = 15,477,249,000,000

Strike  117300  has a total call value of 9,959,000,000  versus a total put value of  15,369,919,000,000 Combined total value = 15,379,878,000,000

Strike  117400  has a total call value of 10,392,000,000  versus a total put value of  15,272,115,000,000 Combined total value = 15,282,507,000,000

Strike  117500  has a total call value of 10,825,000,000  versus a total put value of  15,174,311,000,000 Combined total value = 15,185,136,000,000

Strike  117600  has a total call value of 11,258,000,000  versus a total put value of  15,076,507,000,000 Combined total value = 15,087,765,000,000

Strike  117700  has a total call value of 11,691,000,000  versus a total put value of  14,978,703,000,000 Combined total value = 14,990,394,000,000

Strike  117800  has a total call value of 12,124,000,000  versus a total put value of  14,880,899,000,000 Combined total value = 14,893,023,000,000

Strike  117900  has a total call value of 12,557,000,000  versus a total put value of  14,783,095,000,000 Combined total value = 14,795,652,000,000

Strike  118000  has a total call value of 12,990,000,000  versus a total put value of  14,685,291,000,000 Combined total value = 14,698,281,000,000

Strike  118100  has a total call value of 13,423,000,000  versus a total put value of  14,588,058,000,000 Combined total value = 14,601,481,000,000

Strike  118200  has a total call value of 13,856,000,000  versus a total put value of  14,490,825,000,000 Combined total value = 14,504,681,000,000

Strike  118300  has a total call value of 14,289,000,000  versus a total put value of  14,393,592,000,000 Combined total value = 14,407,881,000,000

Strike  118400  has a total call value of 14,722,000,000  versus a total put value of  14,296,359,000,000 Combined total value = 14,311,081,000,000

Strike  118500  has a total call value of 15,155,000,000  versus a total put value of  14,199,126,000,000 Combined total value = 14,214,281,000,000

Strike  118600  has a total call value of 15,588,000,000  versus a total put value of  14,101,893,000,000 Combined total value = 14,117,481,000,000

Strike  118700  has a total call value of 16,021,000,000  versus a total put value of  14,004,660,000,000 Combined total value = 14,020,681,000,000

Strike  118800  has a total call value of 16,454,000,000  versus a total put value of  13,907,427,000,000 Combined total value = 13,923,881,000,000

Strike  118900  has a total call value of 16,887,000,000  versus a total put value of  13,810,194,000,000 Combined total value = 13,827,081,000,000

Strike  119000  has a total call value of 17,320,000,000  versus a total put value of  13,712,961,000,000 Combined total value = 13,730,281,000,000

Strike  119100  has a total call value of 17,753,000,000  versus a total put value of  13,615,728,000,000 Combined total value = 13,633,481,000,000

Strike  119200  has a total call value of 18,186,000,000  versus a total put value of  13,518,495,000,000 Combined total value = 13,536,681,000,000

Strike  119300  has a total call value of 18,619,000,000  versus a total put value of  13,421,262,000,000 Combined total value = 13,439,881,000,000

Strike  119400  has a total call value of 19,052,000,000  versus a total put value of  13,324,029,000,000 Combined total value = 13,343,081,000,000

Strike  119500  has a total call value of 19,485,000,000  versus a total put value of  13,226,796,000,000 Combined total value = 13,246,281,000,000

Strike  119600  has a total call value of 19,918,000,000  versus a total put value of  13,129,563,000,000 Combined total value = 13,149,481,000,000

Strike  119700  has a total call value of 20,351,000,000  versus a total put value of  13,032,330,000,000 Combined total value = 13,052,681,000,000

Strike  119800  has a total call value of 20,784,000,000  versus a total put value of  12,935,097,000,000 Combined total value = 12,955,881,000,000

Strike  119900  has a total call value of 21,217,000,000  versus a total put value of  12,837,864,000,000 Combined total value = 12,859,081,000,000

Strike  120000  has a total call value of 21,650,000,000  versus a total put value of  12,740,631,000,000 Combined total value = 12,762,281,000,000

Strike  120100  has a total call value of 22,189,000,000  versus a total put value of  12,645,197,000,000 Combined total value = 12,667,386,000,000

Strike  120200  has a total call value of 22,728,000,000  versus a total put value of  12,549,763,000,000 Combined total value = 12,572,491,000,000

Strike  120300  has a total call value of 23,267,000,000  versus a total put value of  12,454,329,000,000 Combined total value = 12,477,596,000,000

Strike  120400  has a total call value of 23,806,000,000  versus a total put value of  12,358,895,000,000 Combined total value = 12,382,701,000,000

Strike  120500  has a total call value of 24,345,000,000  versus a total put value of  12,263,461,000,000 Combined total value = 12,287,806,000,000

Strike  120600  has a total call value of 24,884,000,000  versus a total put value of  12,168,027,000,000 Combined total value = 12,192,911,000,000

Strike  120700  has a total call value of 25,423,000,000  versus a total put value of  12,072,593,000,000 Combined total value = 12,098,016,000,000

Strike  120800  has a total call value of 25,962,000,000  versus a total put value of  11,977,159,000,000 Combined total value = 12,003,121,000,000

Strike  120900  has a total call value of 26,501,000,000  versus a total put value of  11,881,725,000,000 Combined total value = 11,908,226,000,000

Strike  121000  has a total call value of 27,040,000,000  versus a total put value of  11,786,291,000,000 Combined total value = 11,813,331,000,000

Strike  121100  has a total call value of 27,579,000,000  versus a total put value of  11,691,232,000,000 Combined total value = 11,718,811,000,000

Strike  121200  has a total call value of 28,118,000,000  versus a total put value of  11,596,173,000,000 Combined total value = 11,624,291,000,000

Strike  121300  has a total call value of 28,657,000,000  versus a total put value of  11,501,114,000,000 Combined total value = 11,529,771,000,000

Strike  121400  has a total call value of 29,196,000,000  versus a total put value of  11,406,055,000,000 Combined total value = 11,435,251,000,000

Strike  121500  has a total call value of 29,735,000,000  versus a total put value of  11,310,996,000,000 Combined total value = 11,340,731,000,000

Strike  121600  has a total call value of 30,274,000,000  versus a total put value of  11,215,937,000,000 Combined total value = 11,246,211,000,000

Strike  121700  has a total call value of 30,813,000,000  versus a total put value of  11,120,878,000,000 Combined total value = 11,151,691,000,000

Strike  121800  has a total call value of 31,352,000,000  versus a total put value of  11,025,819,000,000 Combined total value = 11,057,171,000,000

Strike  121900  has a total call value of 31,891,000,000  versus a total put value of  10,930,760,000,000 Combined total value = 10,962,651,000,000

Strike  122000  has a total call value of 32,430,000,000  versus a total put value of  10,835,701,000,000 Combined total value = 10,868,131,000,000

Strike  122100  has a total call value of 33,073,000,000  versus a total put value of  10,741,515,000,000 Combined total value = 10,774,588,000,000

Strike  122200  has a total call value of 33,716,000,000  versus a total put value of  10,647,329,000,000 Combined total value = 10,681,045,000,000

Strike  122300  has a total call value of 34,359,000,000  versus a total put value of  10,553,143,000,000 Combined total value = 10,587,502,000,000

Strike  122400  has a total call value of 35,002,000,000  versus a total put value of  10,458,957,000,000 Combined total value = 10,493,959,000,000

Strike  122500  has a total call value of 35,645,000,000  versus a total put value of  10,364,771,000,000 Combined total value = 10,400,416,000,000

Strike  122600  has a total call value of 36,288,000,000  versus a total put value of  10,270,585,000,000 Combined total value = 10,306,873,000,000

Strike  122700  has a total call value of 36,931,000,000  versus a total put value of  10,176,399,000,000 Combined total value = 10,213,330,000,000

Strike  122800  has a total call value of 37,574,000,000  versus a total put value of  10,082,213,000,000 Combined total value = 10,119,787,000,000

Strike  122900  has a total call value of 38,217,000,000  versus a total put value of  9,988,027,000,000 Combined total value = 10,026,244,000,000

Strike  123000  has a total call value of 38,860,000,000  versus a total put value of  9,893,841,000,000 Combined total value = 9,932,701,000,000

Strike  123100  has a total call value of 39,631,000,000  versus a total put value of  9,800,720,000,000 Combined total value = 9,840,351,000,000

Strike  123200  has a total call value of 40,402,000,000  versus a total put value of  9,707,599,000,000 Combined total value = 9,748,001,000,000

Strike  123300  has a total call value of 41,173,000,000  versus a total put value of  9,614,478,000,000 Combined total value = 9,655,651,000,000

Strike  123400  has a total call value of 41,944,000,000  versus a total put value of  9,521,357,000,000 Combined total value = 9,563,301,000,000

Strike  123500  has a total call value of 42,715,000,000  versus a total put value of  9,428,236,000,000 Combined total value = 9,470,951,000,000

Strike  123600  has a total call value of 43,486,000,000  versus a total put value of  9,335,115,000,000 Combined total value = 9,378,601,000,000

Strike  123700  has a total call value of 44,257,000,000  versus a total put value of  9,241,994,000,000 Combined total value = 9,286,251,000,000

Strike  123800  has a total call value of 45,028,000,000  versus a total put value of  9,148,873,000,000 Combined total value = 9,193,901,000,000

Strike  123900  has a total call value of 45,799,000,000  versus a total put value of  9,055,752,000,000 Combined total value = 9,101,551,000,000

Strike  124000  has a total call value of 46,570,000,000  versus a total put value of  8,962,631,000,000 Combined total value = 9,009,201,000,000

Strike  124100  has a total call value of 47,510,000,000  versus a total put value of  8,870,218,000,000 Combined total value = 8,917,728,000,000

Strike  124200  has a total call value of 48,450,000,000  versus a total put value of  8,777,805,000,000 Combined total value = 8,826,255,000,000

Strike  124300  has a total call value of 49,390,000,000  versus a total put value of  8,685,392,000,000 Combined total value = 8,734,782,000,000

Strike  124400  has a total call value of 50,330,000,000  versus a total put value of  8,592,979,000,000 Combined total value = 8,643,309,000,000

Strike  124500  has a total call value of 51,270,000,000  versus a total put value of  8,500,566,000,000 Combined total value = 8,551,836,000,000

Strike  124600  has a total call value of 52,210,000,000  versus a total put value of  8,408,178,000,000 Combined total value = 8,460,388,000,000

Strike  124700  has a total call value of 53,150,000,000  versus a total put value of  8,315,790,000,000 Combined total value = 8,368,940,000,000

Strike  124800  has a total call value of 54,090,000,000  versus a total put value of  8,223,402,000,000 Combined total value = 8,277,492,000,000

Strike  124900  has a total call value of 55,030,000,000  versus a total put value of  8,131,014,000,000 Combined total value = 8,186,044,000,000

Strike  125000  has a total call value of 55,970,000,000  versus a total put value of  8,038,626,000,000 Combined total value = 8,094,596,000,000

Strike  125100  has a total call value of 57,124,000,000  versus a total put value of  7,950,111,000,000 Combined total value = 8,007,235,000,000

Strike  125200  has a total call value of 58,278,000,000  versus a total put value of  7,861,596,000,000 Combined total value = 7,919,874,000,000

Strike  125300  has a total call value of 59,432,000,000  versus a total put value of  7,773,081,000,000 Combined total value = 7,832,513,000,000

Strike  125400  has a total call value of 60,586,000,000  versus a total put value of  7,684,566,000,000 Combined total value = 7,745,152,000,000

Strike  125500  has a total call value of 61,740,000,000  versus a total put value of  7,596,051,000,000 Combined total value = 7,657,791,000,000

Strike  125600  has a total call value of 62,894,000,000  versus a total put value of  7,507,618,000,000 Combined total value = 7,570,512,000,000

Strike  125700  has a total call value of 64,048,000,000  versus a total put value of  7,419,185,000,000 Combined total value = 7,483,233,000,000

Strike  125800  has a total call value of 65,202,000,000  versus a total put value of  7,330,752,000,000 Combined total value = 7,395,954,000,000

Strike  125900  has a total call value of 66,356,000,000  versus a total put value of  7,242,319,000,000 Combined total value = 7,308,675,000,000

Strike  126000  has a total call value of 67,510,000,000  versus a total put value of  7,153,886,000,000 Combined total value = 7,221,396,000,000

Strike  126100  has a total call value of 68,842,000,000  versus a total put value of  7,067,040,000,000 Combined total value = 7,135,882,000,000

Strike  126200  has a total call value of 70,174,000,000  versus a total put value of  6,980,194,000,000 Combined total value = 7,050,368,000,000

Strike  126300  has a total call value of 71,506,000,000  versus a total put value of  6,893,348,000,000 Combined total value = 6,964,854,000,000

Strike  126400  has a total call value of 72,838,000,000  versus a total put value of  6,806,502,000,000 Combined total value = 6,879,340,000,000

Strike  126500  has a total call value of 74,170,000,000  versus a total put value of  6,719,656,000,000 Combined total value = 6,793,826,000,000

Strike  126600  has a total call value of 75,502,000,000  versus a total put value of  6,632,925,000,000 Combined total value = 6,708,427,000,000

Strike  126700  has a total call value of 76,834,000,000  versus a total put value of  6,546,194,000,000 Combined total value = 6,623,028,000,000

Strike  126800  has a total call value of 78,166,000,000  versus a total put value of  6,459,463,000,000 Combined total value = 6,537,629,000,000

Strike  126900  has a total call value of 79,498,000,000  versus a total put value of  6,372,732,000,000 Combined total value = 6,452,230,000,000

Strike  127000  has a total call value of 80,830,000,000  versus a total put value of  6,286,001,000,000 Combined total value = 6,366,831,000,000

Strike  127100  has a total call value of 82,354,000,000  versus a total put value of  6,203,068,000,000 Combined total value = 6,285,422,000,000

Strike  127200  has a total call value of 83,878,000,000  versus a total put value of  6,120,135,000,000 Combined total value = 6,204,013,000,000

Strike  127300  has a total call value of 85,402,000,000  versus a total put value of  6,037,202,000,000 Combined total value = 6,122,604,000,000

Strike  127400  has a total call value of 86,926,000,000  versus a total put value of  5,954,269,000,000 Combined total value = 6,041,195,000,000

Strike  127500  has a total call value of 88,450,000,000  versus a total put value of  5,871,336,000,000 Combined total value = 5,959,786,000,000

Strike  127600  has a total call value of 89,985,000,000  versus a total put value of  5,789,812,000,000 Combined total value = 5,879,797,000,000

Strike  127700  has a total call value of 91,520,000,000  versus a total put value of  5,708,288,000,000 Combined total value = 5,799,808,000,000

Strike  127800  has a total call value of 93,055,000,000  versus a total put value of  5,626,764,000,000 Combined total value = 5,719,819,000,000

Strike  127900  has a total call value of 94,590,000,000  versus a total put value of  5,545,240,000,000 Combined total value = 5,639,830,000,000

Strike  128000  has a total call value of 96,125,000,000  versus a total put value of  5,463,716,000,000 Combined total value = 5,559,841,000,000

Strike  128100  has a total call value of 97,961,000,000  versus a total put value of  5,383,621,000,000 Combined total value = 5,481,582,000,000

Strike  128200  has a total call value of 99,797,000,000  versus a total put value of  5,303,526,000,000 Combined total value = 5,403,323,000,000

Strike  128300  has a total call value of 101,633,000,000  versus a total put value of  5,223,431,000,000 Combined total value = 5,325,064,000,000

Strike  128400  has a total call value of 103,469,000,000  versus a total put value of  5,143,336,000,000 Combined total value = 5,246,805,000,000

Strike  128500  has a total call value of 105,305,000,000  versus a total put value of  5,063,241,000,000 Combined total value = 5,168,546,000,000

Strike  128600  has a total call value of 107,190,000,000  versus a total put value of  4,983,461,000,000 Combined total value = 5,090,651,000,000

Strike  128700  has a total call value of 109,075,000,000  versus a total put value of  4,903,681,000,000 Combined total value = 5,012,756,000,000

Strike  128800  has a total call value of 110,960,000,000  versus a total put value of  4,823,901,000,000 Combined total value = 4,934,861,000,000

Strike  128900  has a total call value of 112,845,000,000  versus a total put value of  4,744,121,000,000 Combined total value = 4,856,966,000,000

Strike  129000  has a total call value of 114,730,000,000  versus a total put value of  4,664,341,000,000 Combined total value = 4,779,071,000,000

Strike  129100  has a total call value of 116,905,000,000  versus a total put value of  4,586,961,000,000 Combined total value = 4,703,866,000,000

Strike  129200  has a total call value of 119,080,000,000  versus a total put value of  4,509,581,000,000 Combined total value = 4,628,661,000,000

Strike  129300  has a total call value of 121,255,000,000  versus a total put value of  4,432,201,000,000 Combined total value = 4,553,456,000,000

Strike  129400  has a total call value of 123,430,000,000  versus a total put value of  4,354,821,000,000 Combined total value = 4,478,251,000,000

Strike  129500  has a total call value of 125,605,000,000  versus a total put value of  4,277,441,000,000 Combined total value = 4,403,046,000,000

Strike  129600  has a total call value of 127,832,000,000  versus a total put value of  4,200,237,000,000 Combined total value = 4,328,069,000,000

Strike  129700  has a total call value of 130,059,000,000  versus a total put value of  4,123,033,000,000 Combined total value = 4,253,092,000,000

Strike  129800  has a total call value of 132,286,000,000  versus a total put value of  4,045,829,000,000 Combined total value = 4,178,115,000,000

Strike  129900  has a total call value of 134,513,000,000  versus a total put value of  3,968,625,000,000 Combined total value = 4,103,138,000,000

Strike  130000  has a total call value of 136,740,000,000  versus a total put value of  3,891,421,000,000 Combined total value = 4,028,161,000,000

Strike  130100  has a total call value of 139,460,000,000  versus a total put value of  3,820,053,000,000 Combined total value = 3,959,513,000,000

Strike  130200  has a total call value of 142,180,000,000  versus a total put value of  3,748,685,000,000 Combined total value = 3,890,865,000,000

Strike  130300  has a total call value of 144,900,000,000  versus a total put value of  3,677,317,000,000 Combined total value = 3,822,217,000,000

Strike  130400  has a total call value of 147,620,000,000  versus a total put value of  3,605,949,000,000 Combined total value = 3,753,569,000,000

Strike  130500  has a total call value of 150,340,000,000  versus a total put value of  3,534,581,000,000 Combined total value = 3,684,921,000,000

Strike  130600  has a total call value of 153,060,000,000  versus a total put value of  3,463,544,000,000 Combined total value = 3,616,604,000,000

Strike  130700  has a total call value of 155,780,000,000  versus a total put value of  3,392,507,000,000 Combined total value = 3,548,287,000,000

Strike  130800  has a total call value of 158,500,000,000  versus a total put value of  3,321,470,000,000 Combined total value = 3,479,970,000,000

Strike  130900  has a total call value of 161,220,000,000  versus a total put value of  3,250,433,000,000 Combined total value = 3,411,653,000,000

Strike  131000  has a total call value of 163,940,000,000  versus a total put value of  3,179,396,000,000 Combined total value = 3,343,336,000,000

Strike  131100  has a total call value of 167,018,000,000  versus a total put value of  3,111,349,000,000 Combined total value = 3,278,367,000,000

Strike  131200  has a total call value of 170,096,000,000  versus a total put value of  3,043,302,000,000 Combined total value = 3,213,398,000,000

Strike  131300  has a total call value of 173,174,000,000  versus a total put value of  2,975,255,000,000 Combined total value = 3,148,429,000,000

Strike  131400  has a total call value of 176,252,000,000  versus a total put value of  2,907,208,000,000 Combined total value = 3,083,460,000,000

Strike  131500  has a total call value of 179,330,000,000  versus a total put value of  2,839,161,000,000 Combined total value = 3,018,491,000,000

Strike  131600  has a total call value of 182,432,000,000  versus a total put value of  2,771,643,000,000 Combined total value = 2,954,075,000,000

Strike  131700  has a total call value of 185,534,000,000  versus a total put value of  2,704,125,000,000 Combined total value = 2,889,659,000,000

Strike  131800  has a total call value of 188,636,000,000  versus a total put value of  2,636,607,000,000 Combined total value = 2,825,243,000,000

Strike  131900  has a total call value of 191,738,000,000  versus a total put value of  2,569,089,000,000 Combined total value = 2,760,827,000,000

Strike  132000  has a total call value of 194,840,000,000  versus a total put value of  2,501,571,000,000 Combined total value = 2,696,411,000,000

Strike  132100  has a total call value of 198,394,000,000  versus a total put value of  2,438,114,000,000 Combined total value = 2,636,508,000,000

Strike  132200  has a total call value of 201,948,000,000  versus a total put value of  2,374,657,000,000 Combined total value = 2,576,605,000,000

Strike  132300  has a total call value of 205,502,000,000  versus a total put value of  2,311,200,000,000 Combined total value = 2,516,702,000,000

Strike  132400  has a total call value of 209,056,000,000  versus a total put value of  2,247,743,000,000 Combined total value = 2,456,799,000,000

Strike  132500  has a total call value of 212,610,000,000  versus a total put value of  2,184,286,000,000 Combined total value = 2,396,896,000,000

Strike  132600  has a total call value of 216,190,000,000  versus a total put value of  2,121,473,000,000 Combined total value = 2,337,663,000,000

Strike  132700  has a total call value of 219,770,000,000  versus a total put value of  2,058,660,000,000 Combined total value = 2,278,430,000,000

Strike  132800  has a total call value of 223,350,000,000  versus a total put value of  1,995,847,000,000 Combined total value = 2,219,197,000,000

Strike  132900  has a total call value of 226,930,000,000  versus a total put value of  1,933,034,000,000 Combined total value = 2,159,964,000,000

Strike  133000  has a total call value of 230,510,000,000  versus a total put value of  1,870,221,000,000 Combined total value = 2,100,731,000,000

Strike  133100  has a total call value of 234,457,000,000  versus a total put value of  1,811,397,000,000 Combined total value = 2,045,854,000,000

Strike  133200  has a total call value of 238,404,000,000  versus a total put value of  1,752,573,000,000 Combined total value = 1,990,977,000,000

Strike  133300  has a total call value of 242,351,000,000  versus a total put value of  1,693,749,000,000 Combined total value = 1,936,100,000,000

Strike  133400  has a total call value of 246,298,000,000  versus a total put value of  1,634,925,000,000 Combined total value = 1,881,223,000,000

Strike  133500  has a total call value of 250,245,000,000  versus a total put value of  1,576,101,000,000 Combined total value = 1,826,346,000,000

Strike  133600  has a total call value of 254,239,000,000  versus a total put value of  1,518,832,000,000 Combined total value = 1,773,071,000,000

Strike  133700  has a total call value of 258,233,000,000  versus a total put value of  1,461,563,000,000 Combined total value = 1,719,796,000,000

Strike  133800  has a total call value of 262,227,000,000  versus a total put value of  1,404,294,000,000 Combined total value = 1,666,521,000,000

Strike  133900  has a total call value of 266,221,000,000  versus a total put value of  1,347,025,000,000 Combined total value = 1,613,246,000,000

Strike  134000  has a total call value of 270,215,000,000  versus a total put value of  1,289,756,000,000 Combined total value = 1,559,971,000,000

Strike  134100  has a total call value of 274,550,000,000  versus a total put value of  1,237,902,000,000 Combined total value = 1,512,452,000,000

Strike  134200  has a total call value of 278,885,000,000  versus a total put value of  1,186,048,000,000 Combined total value = 1,464,933,000,000

Strike  134300  has a total call value of 283,220,000,000  versus a total put value of  1,134,194,000,000 Combined total value = 1,417,414,000,000

Strike  134400  has a total call value of 287,555,000,000  versus a total put value of  1,082,340,000,000 Combined total value = 1,369,895,000,000

Strike  134500  has a total call value of 291,890,000,000  versus a total put value of  1,030,486,000,000 Combined total value = 1,322,376,000,000

Strike  134600  has a total call value of 296,262,000,000  versus a total put value of  980,102,000,000 Combined total value = 1,276,364,000,000

Strike  134700  has a total call value of 300,634,000,000  versus a total put value of  929,718,000,000 Combined total value = 1,230,352,000,000

Strike  134800  has a total call value of 305,006,000,000  versus a total put value of  879,334,000,000 Combined total value = 1,184,340,000,000

Strike  134900  has a total call value of 309,378,000,000  versus a total put value of  828,950,000,000 Combined total value = 1,138,328,000,000

Strike  135000  has a total call value of 313,750,000,000  versus a total put value of  778,566,000,000 Combined total value = 1,092,316,000,000

Strike  135100  has a total call value of 319,320,000,000  versus a total put value of  736,033,000,000 Combined total value = 1,055,353,000,000

Strike  135200  has a total call value of 324,890,000,000  versus a total put value of  693,500,000,000 Combined total value = 1,018,390,000,000

Strike  135300  has a total call value of 330,460,000,000  versus a total put value of  650,967,000,000 Combined total value = 981,427,000,000

Strike  135400  has a total call value of 336,030,000,000  versus a total put value of  608,437,000,000 Combined total value = 944,467,000,000

Strike  135500  has a total call value of 341,600,000,000  versus a total put value of  565,907,000,000 Combined total value = 907,507,000,000

Strike  135600  has a total call value of 347,306,000,000  versus a total put value of  527,915,000,000 Combined total value = 875,221,000,000

Strike  135700  has a total call value of 353,012,000,000  versus a total put value of  489,923,000,000 Combined total value = 842,935,000,000

Strike  135800  has a total call value of 358,718,000,000  versus a total put value of  451,931,000,000 Combined total value = 810,649,000,000

Strike  135900  has a total call value of 364,424,000,000  versus a total put value of  413,939,000,000 Combined total value = 778,363,000,000

Strike  136000  has a total call value of 370,130,000,000  versus a total put value of  375,947,000,000 Combined total value = 746,077,000,000

Strike  136100  has a total call value of 378,014,000,000  versus a total put value of  347,779,000,000 Combined total value = 725,793,000,000

Strike  136200  has a total call value of 385,898,000,000  versus a total put value of  319,611,000,000 Combined total value = 705,509,000,000

Strike  136300  has a total call value of 393,782,000,000  versus a total put value of  291,443,000,000 Combined total value = 685,225,000,000

Strike  136400  has a total call value of 401,682,000,000  versus a total put value of  263,275,000,000 Combined total value = 664,957,000,000

Strike  136500  has a total call value of 410,130,000,000  versus a total put value of  235,107,000,000 Combined total value = 645,237,000,000

Strike  136600  has a total call value of 419,229,000,000  versus a total put value of  210,679,000,000 Combined total value = 629,908,000,000

Strike  136700  has a total call value of 428,328,000,000  versus a total put value of  186,273,000,000 Combined total value = 614,601,000,000

Strike  136800  has a total call value of 437,427,000,000  versus a total put value of  161,890,000,000 Combined total value = 599,317,000,000

Strike  136900  has a total call value of 446,526,000,000  versus a total put value of  137,516,000,000 Combined total value = 584,042,000,000

Strike  137000  has a total call value of 455,625,000,000  versus a total put value of  113,145,000,000 Combined total value = 568,770,000,000

Strike  137100  has a total call value of 468,625,000,000  versus a total put value of  100,852,000,000 Combined total value = 569,477,000,000

Strike  137200  has a total call value of 481,630,000,000  versus a total put value of  88,574,000,000 Combined total value = 570,204,000,000

Strike  137300  has a total call value of 494,641,000,000  versus a total put value of  76,298,000,000 Combined total value = 570,939,000,000

Strike  137400  has a total call value of 507,654,000,000  versus a total put value of  64,035,000,000 Combined total value = 571,689,000,000

Strike  137500  has a total call value of 520,671,000,000  versus a total put value of  51,775,000,000 Combined total value = 572,446,000,000

Strike  137600  has a total call value of 536,451,000,000  versus a total put value of  44,742,000,000 Combined total value = 581,193,000,000

Strike  137700  has a total call value of 552,239,000,000  versus a total put value of  37,711,000,000 Combined total value = 589,950,000,000

Strike  137800  has a total call value of 568,027,000,000  versus a total put value of  30,680,000,000 Combined total value = 598,707,000,000

Strike  137900  has a total call value of 583,815,000,000  versus a total put value of  23,656,000,000 Combined total value = 607,471,000,000

Strike  138000  has a total call value of 599,611,000,000  versus a total put value of  16,632,000,000 Combined total value = 616,243,000,000

Strike  138100  has a total call value of 624,601,000,000  versus a total put value of  15,009,000,000 Combined total value = 639,610,000,000

Strike  138200  has a total call value of 651,407,000,000  versus a total put value of  13,387,000,000 Combined total value = 664,794,000,000

Strike  138300  has a total call value of 678,213,000,000  versus a total put value of  11,766,000,000 Combined total value = 689,979,000,000

Strike  138400  has a total call value of 705,019,000,000  versus a total put value of  10,145,000,000 Combined total value = 715,164,000,000

Strike  138500  has a total call value of 731,825,000,000  versus a total put value of  8,524,000,000 Combined total value = 740,349,000,000

Strike  138600  has a total call value of 767,439,000,000  versus a total put value of  7,348,000,000 Combined total value = 774,787,000,000

Strike  138700  has a total call value of 803,062,000,000  versus a total put value of  6,172,000,000 Combined total value = 809,234,000,000

Strike  138800  has a total call value of 838,685,000,000  versus a total put value of  4,996,000,000 Combined total value = 843,681,000,000

Strike  138900  has a total call value of 874,308,000,000  versus a total put value of  3,820,000,000 Combined total value = 878,128,000,000

Strike  139000  has a total call value of 909,931,000,000  versus a total put value of  2,644,000,000 Combined total value = 912,575,000,000

Strike  139100  has a total call value of 953,131,000,000  versus a total put value of  2,377,000,000 Combined total value = 955,508,000,000

Strike  139200  has a total call value of 996,331,000,000  versus a total put value of  2,110,000,000 Combined total value = 998,441,000,000

Strike  139300  has a total call value of 1,039,531,000,000  versus a total put value of  1,843,000,000 Combined total value = 1,041,374,000,000

Strike  139400  has a total call value of 1,082,731,000,000  versus a total put value of  1,576,000,000 Combined total value = 1,084,307,000,000

Strike  139500  has a total call value of 1,125,932,000,000  versus a total put value of  1,310,000,000 Combined total value = 1,127,242,000,000

Strike  139600  has a total call value of 1,173,442,000,000  versus a total put value of  1,050,000,000 Combined total value = 1,174,492,000,000

Strike  139700  has a total call value of 1,220,952,000,000  versus a total put value of  790,000,000 Combined total value = 1,221,742,000,000

Strike  139800  has a total call value of 1,268,462,000,000  versus a total put value of  530,000,000 Combined total value = 1,268,992,000,000

Strike  139900  has a total call value of 1,315,972,000,000  versus a total put value of  270,000,000 Combined total value = 1,316,242,000,000

Strike  140000  has a total call value of 1,363,482,000,000  versus a total put value of  10,000,000 Combined total value = 1,363,492,000,000

Strike  140100  has a total call value of 1,421,716,000,000  versus a total put value of  9,000,000 Combined total value = 1,421,725,000,000

Strike  140200  has a total call value of 1,479,950,000,000  versus a total put value of  8,000,000 Combined total value = 1,479,958,000,000

Strike  140300  has a total call value of 1,538,184,000,000  versus a total put value of  7,000,000 Combined total value = 1,538,191,000,000

Strike  140400  has a total call value of 1,596,418,000,000  versus a total put value of  6,000,000 Combined total value = 1,596,424,000,000

Strike  140500  has a total call value of 1,654,652,000,000  versus a total put value of  5,000,000 Combined total value = 1,654,657,000,000

Strike  140600  has a total call value of 1,716,044,000,000  versus a total put value of  4,000,000 Combined total value = 1,716,048,000,000

Strike  140700  has a total call value of 1,777,436,000,000  versus a total put value of  3,000,000 Combined total value = 1,777,439,000,000

Strike  140800  has a total call value of 1,838,828,000,000  versus a total put value of  2,000,000 Combined total value = 1,838,830,000,000

Strike  140900  has a total call value of 1,902,354,000,000  versus a total put value of  1,000,000 Combined total value = 1,902,355,000,000

Strike  141000  has a total call value of 1,966,239,000,000  versus a total put value of  0 Combined total value = 1,966,239,000,000

Strike  141100  has a total call value of 2,035,655,000,000  versus a total put value of  0 Combined total value = 2,035,655,000,000

Max-Pain Table for Stocks
LTP > Max Pain Bearish
LTP < Max Pain Bullish
Frequently Asked Questions

Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation.

The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.

Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. Here's the step-by-step process:

  1. For each strike price: Calculate the difference between the current stock price and the strike price.
  2. Multiply by Open Interest: Multiply this difference by the open interest (number of contracts) at that strike for both call and put options.
  3. Sum the values: Add together the dollar value for put options and call options at each strike price.
  4. Repeat for all strikes: Perform this calculation for every available strike price in the option chain.
  5. Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price.

This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.

Traders can incorporate Max Pain analysis into their trading strategy in several ways:

  • Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level.
  • Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes.
  • Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly.
  • Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration.
  • Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.

Max Pain provides insights into potential stock price behavior, especially near option expiration:

  • Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions.
  • Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost.
  • Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears.
  • Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities.

Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.

Max Pain is a dynamic value that changes continuously based on several factors:

  • Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation.
  • Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations.
  • Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements.
  • New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest.

For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.

Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading:

  • Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately.
  • Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading.

The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.

No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why:

  • Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions.
  • Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts.
  • Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum.
  • Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level.
  • Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target.

Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.

Max Pain becomes increasingly relevant as option expiration approaches:

  • Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur.
  • Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations.
  • High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure.
  • Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement.
  • Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement.

While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.