Definition. Options Max Pain is the strike price at which the total value of expiring options (calls plus puts) would be minimized, theoretically causing maximum loss to option holders. The series shows the max pain value over time for each maturity bucket (1w, 1month, 3month, 6month, aggregated), providing a historical view of how the max pain level evolves.

Technical. Available at 10-minute, hourly, and daily resolutions.