Max-pain strike per expiry for the N next upcoming expiries.

Max pain is the strike that would minimise total in-the-money OI at settlement. Retail folklore, not a forecast — useful as a sentiment anchor.

Path parameters

Segments of the URL path, validated server-side.

Query parameters

All query parameters are optional unless marked required.

Response shape

Always wrapped in the standard envelope. Nullable fields are explicitly marked — treat missing numeric data as a real data-source gap, not as an error.

// Wrapped in the standard envelope:
// {
//   data: /* shape below */,
//   meta?: { total?: number; limit?: number; offset?: number; ... }
// }

{ underlying, asOf, current: { expiry, strike, painUsd }, upcoming: Array<{ expiry, expiryMs, strike, painUsd }>, underlyingPrice }

Example

Copy the curl, replace YOUR_KEY with a real key from your dashboard, and run.

curl -sS "http://localhost:3000/api/v1/options/BTC/max-pain?expiries=5"

{ "data": { "underlying": "BTC", "asOf": 1744834800000, "current": { "expiry": "25APR25", "strike": 62000, "painUsd": 1200000 }, "upcoming": [], "underlyingPrice": 63150 }, "meta": { "total": 0 } }