Max Pain Calculator
Calculate the max pain price where option sellers achieve maximum profit. Use this contrarian indicator for expiration week trading.
Expiration Week
Dealer Positioning
Contrarian Indicator
Last Updated:
6 min read
Reviewed by: ApexVol Trading Team
Fact-checked & Up-to-date
What is Max Pain Calculator?
Max Pain Calculator is a tool that identifies the strike price where the most option contracts (calls and puts) expire worthless, causing maximum financial pain to option buyers.
Max pain theory suggests stocks gravitate toward max pain at expiration due to dealer hedging. Useful for predicting expiration week moves.
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