CRUDEOIL Max Pain Today

Updated 22:29

The strike where CRUDEOIL option buyers as a whole would get the least at expiry, worked out every minute from our recorded open interest, for each expiry, with how it moved and how close CRUDEOIL futures settled on past expiry days.

8,000max pain for 16 Dec · CRUDEOIL futures 8,221, 221 points aboveLive

Expiry17 Nov 5d 16 Dec 34d

In plain words: If CRUDEOIL futures settles at 8,000 on 16 Dec, option buyers together get the least, which is why some traders expect prices to drift towards it near expiry. Max pain held at 8,000 all day.

Max pain

8,000

16 Dec expiry

CRUDEOIL futures

8,221.00

at 22:29

CRUDEOIL futures vs max pain

+221 pts

above max pain

At the open

8,000

unchanged

PCR (OI)

0.52

from 1.74

Days to expiry

Wed, 16 Dec

Pain at each expiry price

what option buyers would be paid in total if CRUDEOIL futures settled there · the lowest is max pain · tap a bar

Calls in the moneyPuts in the moneyMax painCRUDEOIL futures now

Through the day

max pain and CRUDEOIL futures, minute by minute

Max painCRUDEOIL futures

Max pain by expiry

each expiry has its own

Expiry	Days left	Max pain	vs CRUDEOIL futures	PCR
17 Nov	5	8,200	−21	1.15
16 Dec	34	8,000	−221	0.52

On expiry day

where CRUDEOIL futures closed against max pain

No expiry day recorded yet for CRUDEOIL.

Grows with every expiry we record.

Daily history

max pain of the nearest expiry at each day's close

Day	Expiry	Max pain	CRUDEOIL futures	Gap
Thu, 12 Nov	17 Nov	8,200	8,228.00	+28 pts
Wed, 11 Nov	17 Nov	8,200 ▲ 50	8,171.00	−29 pts
Tue, 10 Nov	17 Nov	8,150 ▼ 150	8,083.00	−67 pts
Mon, 9 Nov	17 Nov	8,300 ▼ 200	8,224.00	−76 pts
Fri, 6 Nov	17 Nov	8,500	8,479.00	−21 pts
Thu, 5 Nov	17 Nov	8,500	8,533.00	+33 pts
Wed, 4 Nov	17 Nov	8,500 ▼ 700	8,325.00	−175 pts
Tue, 3 Nov	17 Nov	9,200	9,105.00	−95 pts

Max pain for other symbols

NIFTY BANKNIFTY FINNIFTY MIDCPNIFTY SENSEX BANKEX CRUDEOIL NATURALGAS GOLD SILVER CRUDEOILM NATGASMINI GOLDM SILVERM COPPER ZINC

Information only, not investment advice.

What is CRUDEOIL max pain today?

It is shown at the top of this page for each CRUDEOIL expiry, worked out every minute from the open interest at every strike.

How is max pain calculated?

For each possible settlement price, add up what every open call and put would be worth at expiry (open interest × how far in the money). The price with the smallest total is max pain.

Does CRUDEOIL futures really close near max pain on expiry?

Sometimes, especially in quiet markets: option writers hold most open interest and gain most there. The table on this page shows how close it came on past expiry days. It is a tendency, not a rule; news can move prices far from it.

Why is max pain different for each expiry?

Each expiry has its own open interest at each strike, so each has its own max pain.

How often is it updated?

Every minute during market hours, from our recorded option chains. After the close the page shows the day's final reading.