Interested in option pain calculations on the go? We offer OptionCalc as application for various mobile platforms:
If you like OptionCalc and have a mobile device please support us by purchasing a license.
Thank you, we appreciate it!
In the option market, wealth transfer between option buyers and sellers is a zero-sum game. On option expiration days, the underlying stock price often moves toward a point that brings maximum loss to option buyers. This specific price, calculated based on all outstanding options in the market, is called Option Pain. Option Pain is a proxy for the stock price manipulation target by the option selling group.
Actual Pain, also known as Current Pain, is a refined calculation method and deemed more accurate under certain circumstances than Option Pain. Due to the nature of the Actual Pain calculation no intraday data is used instead the previous trading day is the newest data on which the calculation is based on; also the Actual Pain calculation will be inaccurate within the first days of a new expiration month.
Use our option pain calcualtor NOW for FREE (no registration required). Simply click the "get started" link at the top of the page.
OptionCalc Web and Mobile feature update
We are proud to announce major updates to our OptionCalc lineup. OptionCalc v2.6 and our OptionCalc WebPortal are now featuring weekly options and Actual Pain (also known as Current Pain) besides other improvements.
For iOS users who want to get acquainted with OptionCalc we released OptionCalc Lite (free) to help get you started and dive right into it. Head over to the App Store to get it now!
CURRENT FEATURES:
- Max & Current Pain calculation for current and future expiration dates
- Supports both weekly and monthly expirations
- Max Pain Put/Call Chart
- "Hot Symbols" show the best Max Pain matches (currently iOS & Android only)
- Detailed grid for further analysis; highlighted Max & Current Pain and ITM strikes (fields vary between Web, iPhone and iPad version)
- Historical chart for expiration month (Calculated option pain price vs. last price updated daily)
- Historical data for all US stocks and Indexes (DOW, SP500, NASDAQ, User Requested)
- Huge active user base
If you have requests, ideas or suggestion that you would like to see incorporated into the service feel free to contact us!