options_max_pain
Calculate the max pain strike price where cumulative option open interest expires worthless, revealing key support or resistance near expiration.
Instructions
Calculate the max pain strike price — where cumulative option open interest expires worthless. This level often acts as a support/resistance zone near expiration.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Stock ticker symbol (e.g. 'AAPL', 'NYSE:GM') | |
| expiration | No | Expiration date as YYYY-MM-DD. If omitted, uses nearest. |