SILVERM Max Pain Today

Updated 22:19

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

1,83,000max pain for 23 Nov · SILVERM futures 1,80,250, 2,750 points belowLive

Expiry23 Nov 11d 28 Dec 46d

In plain words: If SILVERM futures settles at 1,83,000 on 23 Nov, option buyers together get the least, which is why some traders expect prices to drift towards it near expiry. Max pain moved between 1,82,000 and 1,88,000 today, from 1,87,000 at the open.

Max pain

1,83,000

23 Nov expiry

SILVERM futures

1,80,250.00

at 22:19

SILVERM futures vs max pain

−2,750 pts

below max pain

At the open

1,87,000

range 1,82,000 – 1,88,000

PCR (OI)

0.82

from 1.05

Days to expiry

Mon, 23 Nov

Pain at each expiry price

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

Calls in the moneyPuts in the moneyMax painSILVERM futures now

Through the day

max pain and SILVERM futures, minute by minute

Max painSILVERM futures

Max pain by expiry

each expiry has its own

Expiry	Days left	Max pain	vs SILVERM futures	PCR
23 Nov	11	1,83,000	+2,750	0.82
28 Dec	46	1,80,000	−250	5.73

On expiry day

where SILVERM futures closed against max pain

No expiry day recorded yet for SILVERM.

Grows with every expiry we record.

Daily history

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

Day	Expiry	Max pain	SILVERM futures	Gap
Thu, 12 Nov	23 Nov	1,83,000 ▼ 5,000	1,80,250.00	−2,750 pts
Wed, 11 Nov	23 Nov	1,88,000 ▲ 1,000	1,86,218.00	−1,782 pts
Tue, 10 Nov	23 Nov	1,87,000 ▼ 3,000	1,84,188.00	−2,812 pts
Mon, 9 Nov	23 Nov	1,90,000 ▲ 2,000	1,88,850.00	−1,150 pts
Fri, 6 Nov	23 Nov	1,88,000 ▼ 2,000	1,86,405.00	−1,595 pts
Thu, 5 Nov	23 Nov	1,90,000 ▲ 1,000	1,89,050.00	−950 pts
Wed, 4 Nov	23 Nov	1,89,000 ▲ 8,000	1,89,598.00	+598 pts
Tue, 3 Nov	23 Nov	1,81,000	1,81,435.00	+435 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 SILVERM max pain today?

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