max pain

Max pain is the price at which the most options expire worthless, causing maximum loss for option buyers.最大痛点价格是指最多期权到期归零的价格，从而给期权买方造成最大损失。

Some traders believe price gravitates toward max pain near expiry, making it a popular reference point for short-term speculation.一些交易员认为，价格在到期日附近会向最大痛点靠拢，这使其成为短期投机的一个热门参考点。