MAX
MediaAlpha, Inc.
stock NYSE

**Consecutive Weeks Closing OVER (>0.50) Max Pain — 1**
**Longest Consecutive Weeks Closing OVER (>0.50) Max Pain — 3**
**Longest Consecutive Weeks Closing AT (+/- <0.50) Max Pain — 14**
[01/08/2026](https://www.reddit.com/r/Superstonk/comments/1q7t3bt/iv_max_pain_volume_and_oi_data_every_day_until/)
[First Post (Posted in May, 2024)](https://www.reddit.com/r/Superstonk/comments/1ddi3oq/heres_your_proof_and_all_it_cost_me_was_4_shares/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1)
IV30 Data (Free, Account Required) — [https://marketchameleon.com/Overview/GME/IV/](https://marketchameleon.com/Overview/GME/IV/)
Max Pain Data (Free, No Account Needed!) — [https://chartexchange.com/symbol/nyse-gme/optionchain/summary/](https://chartexchange.com/symbol/nyse-gme/optionchain/summary/)
Fidelity IV Data (Free, Account Required) — [https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME](https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME)
And finally, at someone's suggestion —
# WHAT IS IMPLIED VOLATILITY (IV)? —
(Taken from [https://www.investopedia.com/terms/i/iv.asp](https://www.investopedia.com/terms/i/iv.asp) ) —
Dumbed down, IV is a forward-looking metric measuring how likely the market thinks the price is to change between now and when an options contract expires. The higher IV is, the higher premiums on contracts run. The more radically the price of a security swings over a short period of time, the higher IV pumps, driving options prices higher as well.
The longer the price trades relatively flat, the more IV will drop over time.
IV is just one of many variables (called 'greeks') used to price options contracts.
# WHAT IS HISTORICAL VOLATILITY (HV)? —
(Taken from [https://www.investopedia.com/terms/h/historicalvolatility.asp](https://www.investopedia.com/terms/h/historicalvolatility.asp) ) —
Dumbed down, I'm not fully sure. Based on what I read, it's a historical metric derived from how the price in the past has moved away from the average price over a selected interval. But the short of it is that it determines how 'risky' the market thinks a stock (or an option I guess) is. The higher the historical volatility over a given period, the more 'risky' they think it is. The lower the HV over a period of time, the 'safer' a security (or option) is.
And if anyone wants to fill in some knowledge gaps or correct where these analyses are wrong, please feel free.
# WHAT IS 'MAX PAIN'? —
In this context, 'max pain' is the price at which the most options (both calls and puts) for a security will expire worthless. For some (or many), it is a long held belief that market manipulators will manipulate the price of a stock toward this number to fuck over people who buy options.
# ONE LAST THOUGHT —
If used to make any decision. which it absolutely should NOT be (obligatory #NFA disclaimer), this information should not be considered on its own, but as one point in a ridiculously complex and convoluted ocean of data points that I'm way too stupid to list out here. Mostly, this information is just to keep people abreast of the movement of one key variable options writers use to fuck us over on a weekly and quarterly basis if we DO choose to play options.
Just thought I should throw that out there.

**Consecutive Weeks Closing OVER (>0.50) Max Pain — 1**
**Longest Consecutive Weeks Closing OVER (>0.50) Max Pain — 3**
**Longest Consecutive Weeks Closing AT (+/- <0.50) Max Pain — 14**
[01/08/2026](https://www.reddit.com/r/Superstonk/comments/1q7t3bt/iv_max_pain_volume_and_oi_data_every_day_until/)
[First Post (Posted in May, 2024)](https://www.reddit.com/r/Superstonk/comments/1ddi3oq/heres_your_proof_and_all_it_cost_me_was_4_shares/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1)
IV30 Data (Free, Account Required) — [https://marketchameleon.com/Overview/GME/IV/](https://marketchameleon.com/Overview/GME/IV/)
Max Pain Data (Free, No Account Needed!) — [https://chartexchange.com/symbol/nyse-gme/optionchain/summary/](https://chartexchange.com/symbol/nyse-gme/optionchain/summary/)
Fidelity IV Data (Free, Account Required) — [https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME](https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME)
And finally, at someone's suggestion —
# WHAT IS IMPLIED VOLATILITY (IV)? —
(Taken from [https://www.investopedia.com/terms/i/iv.asp](https://www.investopedia.com/terms/i/iv.asp) ) —
Dumbed down, IV is a forward-looking metric measuring how likely the market thinks the price is to change between now and when an options contract expires. The higher IV is, the higher premiums on contracts run. The more radically the price of a security swings over a short period of time, the higher IV pumps, driving options prices higher as well.
The longer the price trades relatively flat, the more IV will drop over time.
IV is just one of many variables (called 'greeks') used to price options contracts.
# WHAT IS HISTORICAL VOLATILITY (HV)? —
(Taken from [https://www.investopedia.com/terms/h/historicalvolatility.asp](https://www.investopedia.com/terms/h/historicalvolatility.asp) ) —
Dumbed down, I'm not fully sure. Based on what I read, it's a historical metric derived from how the price in the past has moved away from the average price over a selected interval. But the short of it is that it determines how 'risky' the market thinks a stock (or an option I guess) is. The higher the historical volatility over a given period, the more 'risky' they think it is. The lower the HV over a period of time, the 'safer' a security (or option) is.
And if anyone wants to fill in some knowledge gaps or correct where these analyses are wrong, please feel free.
# WHAT IS 'MAX PAIN'? —
In this context, 'max pain' is the price at which the most options (both calls and puts) for a security will expire worthless. For some (or many), it is a long held belief that market manipulators will manipulate the price of a stock toward this number to fuck over people who buy options.
# ONE LAST THOUGHT —
If used to make any decision. which it absolutely should NOT be (obligatory #NFA disclaimer), this information should not be considered on its own, but as one point in a ridiculously complex and convoluted ocean of data points that I'm way too stupid to list out here. Mostly, this information is just to keep people abreast of the movement of one key variable options writers use to fuck us over on a weekly and quarterly basis if we DO choose to play options.
Just thought I should throw that out there.

What if I’m MAX ugly but I just have super big thighs and shoulders? Seems to work until they look at my face 😔

[P](https://www.onvista.de/fonds/PGIM-ROCK-ETF-TR-S-P-500-MAX-BUFFER-ETF-APR-Fonds-US69420N6500) - PGIM 🕵️ MAX BUFFER ETF - APRIL@26.415$(+0,04% 🥱)

This is a huge thing I started doing with SPX and it’s made a MAJOR difference for me. Usually only do 1 con…2 MAX but only if it makes sense structurally with what’s happening on the chart. I’ve come to find that it’s usually sooo much better to just cut the loss and wait for the better entry instead of averaging down