Max Pain

最大痛点

Sentiment & DerivativesP2OptionsApplies to: US stocks

Definition

The strike at which option buyers suffer the greatest aggregate loss at expiry.

Formula

The strike minimizing total Call + Put intrinsic value

How to read it

Approaching expiry, price is often "magnetized" toward Max Pain.

Outputvalue/series
Data source: Deribit/Coinglass. Public knowledge, not investment advice.

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Related indicators

Reference metadata — public, well-known indicator definitions. Not investment advice.