Max Pain Calculator

Calculate the max pain price based on open interest across strikes.

Open Interest Data by Strike

Enter the open interest for calls and puts at each strike. Values update in real time.

Call OIStrike PricePut OI
Total Call OI: 22.7LPCR: 1.04Total Put OI: 23.7L
Max Pain Strike
₹0Strike where writers lose the least
Total Call OI
22.7LSum of all call open interest
Total Put OI
23.7LSum of all put open interest

Total Pain at Each Strike (Option Writers' Loss)

StrikeCall PainPut PainTotal Pain

Max Pain is the strike where the total pain (writers' loss) is minimum — typically where the price gravitates near expiry. Pain values shown in Crores (₹).

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About Max Pain Calculator

Calculate the max pain price based on open interest across strikes. Use this free calculator to make informed financial decisions. All calculations are performed instantly in your browser — no login required, no data stored.

Related Topics

max painoptions max painoi analysis

Frequently Asked Questions

How accurate is this calculator?

This calculator uses standard financial formulas and is designed for educational and planning purposes. For precise financial advice, please consult a certified financial planner.

Is my data saved or stored?

No. All calculations happen entirely in your browser. We do not store, transmit, or log any of the values you enter.

Can I share the results?

Yes! Use the Share buttons above to send this calculator via WhatsApp, Twitter/X, or copy the link. You can also print the results using the Print button.