NATGASMINI Max Pain Today

Updated 22:29

The strike where NATGASMINI 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 NATGASMINI futures settled on past expiry days.

330max pain for 23 Dec · NATGASMINI futures 311, 19 points belowLive

Expiry20 Nov 8d 23 Dec 41d

In plain words: If NATGASMINI futures settles at 330 on 23 Dec, option buyers together get the least, which is why some traders expect prices to drift towards it near expiry. Max pain moved between 310 and 330 today, from 330 at the open.

Max pain

330

23 Dec expiry

NATGASMINI futures

311.30

at 22:29

NATGASMINI futures vs max pain

−19 pts

below max pain

At the open

330

range 310 – 330

PCR (OI)

31.02

from 60.78

Days to expiry

Wed, 23 Dec

Pain at each expiry price

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

Calls in the moneyPuts in the moneyMax painNATGASMINI futures now

Through the day

max pain and NATGASMINI futures, minute by minute

Max painNATGASMINI futures

Max pain by expiry

each expiry has its own

Expiry	Days left	Max pain	vs NATGASMINI futures	PCR
20 Nov	8	310	−1	1.38
23 Dec	41	330	+19	31.02

On expiry day

where NATGASMINI futures closed against max pain

No expiry day recorded yet for NATGASMINI.

Grows with every expiry we record.

Daily history

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

Day	Expiry	Max pain	NATGASMINI futures	Gap
Thu, 12 Nov	20 Nov	310 ▲ 5	311.30	+1 pts
Wed, 11 Nov	20 Nov	305 ▲ 5	306.10	+1 pts
Tue, 10 Nov	20 Nov	300 ▲ 10	310.30	+10 pts
Mon, 9 Nov	20 Nov	290 ▲ 10	301.70	+12 pts
Fri, 6 Nov	20 Nov	280	282.70	+3 pts
Thu, 5 Nov	20 Nov	280	282.10	+2 pts
Wed, 4 Nov	20 Nov	280	283.20	+3 pts
Tue, 3 Nov	20 Nov	280	274.90	−5 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 NATGASMINI max pain today?

It is shown at the top of this page for each NATGASMINI 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 NATGASMINI 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.