ZINC Max Pain Today

Updated 22:29

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

380max pain for 23 Dec · ZINC futures 408, 28 points aboveLive

Expiry23 Nov 11d 23 Dec 41d

In plain words: If ZINC futures settles at 380 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 375 and 395 today, from 390 at the open.

Max pain

380

23 Dec expiry

ZINC futures

408.25

at 22:29

ZINC futures vs max pain

+28 pts

above max pain

At the open

390

range 375 – 395

PCR (OI)

–

Days to expiry

Wed, 23 Dec

Pain at each expiry price

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

Calls in the moneyPuts in the moneyMax painZINC futures now

Through the day

max pain and ZINC futures, minute by minute

Max painZINC futures

Max pain by expiry

each expiry has its own

Expiry	Days left	Max pain	vs ZINC futures	PCR
23 Nov	11	410	+2	0.92
23 Dec	41	380	−28	–

On expiry day

where ZINC futures closed against max pain

No expiry day recorded yet for ZINC.

Grows with every expiry we record.

Daily history

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

Day	Expiry	Max pain	ZINC futures	Gap
Thu, 12 Nov	23 Nov	410	408.25	−2 pts
Wed, 11 Nov	23 Nov	410	411.55	+2 pts
Tue, 10 Nov	23 Nov	410	409.90	−0 pts
Mon, 9 Nov	23 Nov	410	413.65	+4 pts
Fri, 6 Nov	23 Nov	410	411.30	+1 pts
Thu, 5 Nov	23 Nov	410	413.90	+4 pts
Wed, 4 Nov	23 Nov	410	414.55	+5 pts
Tue, 3 Nov	23 Nov	410	411.60	+2 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 ZINC max pain today?

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