SILVER Max Pain Today

Updated 22:29

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

1,80,000max pain for 28 Dec · SILVER futures 1,78,429, 1,571 points belowLive

Expiry27 Nov 15d 28 Dec 46d

In plain words: If SILVER futures settles at 1,80,000 on 28 Dec, option buyers together get the least, which is why some traders expect prices to drift towards it near expiry. Max pain held at 1,80,000 all day.

Max pain

1,80,000

28 Dec expiry

SILVER futures

1,78,429.00

at 22:29

SILVER futures vs max pain

−1,571 pts

below max pain

At the open

1,80,000

unchanged

PCR (OI)

1.00

from 1.00

Days to expiry

Mon, 28 Dec

Pain at each expiry price

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

Calls in the moneyPuts in the moneyMax painSILVER futures now

Through the day

max pain and SILVER futures, minute by minute

Max painSILVER futures

Max pain by expiry

each expiry has its own

Expiry	Days left	Max pain	vs SILVER futures	PCR
27 Nov	15	1,80,000	+1,571	1.14
28 Dec	46	1,80,000	+1,571	1.00

On expiry day

where SILVER futures closed against max pain

No expiry day recorded yet for SILVER.

Grows with every expiry we record.

Daily history

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

Day	Expiry	Max pain	SILVER futures	Gap
Thu, 12 Nov	27 Nov	1,80,000 ▼ 5,000	1,78,429.00	−1,571 pts
Wed, 11 Nov	27 Nov	1,85,000 ▲ 4,000	1,84,565.00	−435 pts
Tue, 10 Nov	27 Nov	1,81,000 ▼ 4,000	1,82,387.00	+1,387 pts
Mon, 9 Nov	27 Nov	1,85,000	1,87,015.00	+2,015 pts
Fri, 6 Nov	27 Nov	1,85,000	1,84,683.00	−317 pts
Thu, 5 Nov	27 Nov	1,85,000 ▲ 3,000	1,87,363.00	+2,363 pts
Wed, 4 Nov	27 Nov	1,82,000 ▲ 2,000	1,87,828.00	+5,828 pts
Tue, 3 Nov	27 Nov	1,80,000	1,79,650.00	−350 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 SILVER max pain today?

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