# Analytics

<figure><img src="https://4105275983-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FveNlPcq5FcdKaOERYyrV%2Fuploads%2FbLI6Bh7qAULDYUnGtWqD%2FDesktop-Analytics%20Above%20the%20fold.png?alt=media&#x26;token=111c2bc9-c25a-4afc-b07e-f5a16f84ea79" alt=""><figcaption><p>Analytics Page</p></figcaption></figure>

## Trade Count

The Trade Count metric provides an overview of trading activity on Ithaca Protocol. The trade count is plotted on a graph where the Y-axis represents the trade count, and the X-axis denotes time.&#x20;

**Total Trade Count:** Count of all trades executed on each date.

**Active Expiry Trade Count:** Count of trades executed on each day by expiry date.&#x20;

## **Trading Volume**

Trading Volume shows trading activity as measure of notional traded volume. Graphically represented with volume on the Y-axis and time on the X-axis.&#x20;

Each bar represents the Total Daily Trade Volume decomposed by expiry dates. &#x20;

## Max Pain

The Max Pain chart shows the open interest per strike price for an expiry for both calls and puts.&#x20;

This helps user identify the Max Pain price which is the price at which most option buyers will face financial losses at expiry.&#x20;

Max Pain is a metric used by some options traders to understand potential price movements as an expiry approaches.&#x20;

## Open Interest

Open Interest offers a snapshot of the market detailing open contracts for a selected expiry, split by asset and type.

Some option traders use open interest to understand market liquidity and sentiment, or to devise trading strategies. <br>
