How is Max Pain Calculated?

Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. For each strike price: Calculate the difference between the current stock price and the strike price. Multiply this difference by the open interest (number of contracts) at that strike for both call and put options. Sum the values: Add together the dollar value for put options and call options at each strike price. Repeat for all strikes: Perform this calculation for every available strike price in the option chain. Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price. This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.

How Can Traders Use Max Pain in Their Strategy?

Traders can incorporate Max Pain analysis into their trading strategy in several ways: Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level. Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes. Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly. Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration. Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.

What Does Max Pain Indicate About Stock Price Movement?

Max Pain provides insights into potential stock price behavior, especially near option expiration: Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions. Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost. Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears. Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities. Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.

How Often Does Max Pain Change?

Max Pain is a dynamic value that changes continuously based on several factors: Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation. Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations. Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements. New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest. For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.

What's the Difference Between Max Pain and Spot Price?

Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading: Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately. Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading. The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.

Is Max Pain Always Accurate for Predicting Stock Price?

No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why: Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions. Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts. Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum. Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level. Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target. Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.

When is Max Pain Most Relevant for Options Trading?

Max Pain becomes increasingly relevant as option expiration approaches: Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur. Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations. High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure. Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement. Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement. While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.

DIVISLAB

Q: What is Max Pain in Options Trading?

Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation. The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.

Divi S Laboratories Ltd

6288.5 -59.00 (-0.93%)

L: 6283 H: 6375

Max Pain - DIVISLAB

16 Dec 2025 02:36 PM IST

Live

Expiry

Max Pain for DIVISLAB is 6400

Historical data for DIVISLAB-6400-CE

LTP (6400 CE)

63 -26.35

Open Interest

814 67

Historical data for DIVISLAB-6400-PE

LTP (6400 PE)

150.15 36.4

Open Interest

640 -7

Strike 5400 has a total call value of 0 versus a total put value of 50,454,000,000 Combined total value = 50,454,000,000

Strike 5450 has a total call value of 0 versus a total put value of 47,160,500,000 Combined total value = 47,160,500,000

Strike 5500 has a total call value of 0 versus a total put value of 43,867,000,000 Combined total value = 43,867,000,000

Strike 5550 has a total call value of 0 versus a total put value of 40,579,000,000 Combined total value = 40,579,000,000

Strike 5600 has a total call value of 0 versus a total put value of 37,291,000,000 Combined total value = 37,291,000,000

Strike 5650 has a total call value of 1,500,000 versus a total put value of 34,011,000,000 Combined total value = 34,012,500,000

Strike 5700 has a total call value of 3,000,000 versus a total put value of 30,731,000,000 Combined total value = 30,734,000,000

Strike 5750 has a total call value of 4,500,000 versus a total put value of 27,463,500,000 Combined total value = 27,468,000,000

Strike 5800 has a total call value of 6,500,000 versus a total put value of 24,197,500,000 Combined total value = 24,204,000,000

Strike 5850 has a total call value of 10,000,000 versus a total put value of 21,775,500,000 Combined total value = 21,785,500,000

Strike 5900 has a total call value of 15,000,000 versus a total put value of 19,353,500,000 Combined total value = 19,368,500,000

Strike 5950 has a total call value of 20,000,000 versus a total put value of 16,931,500,000 Combined total value = 16,951,500,000

Strike 6000 has a total call value of 25,000,000 versus a total put value of 14,509,500,000 Combined total value = 14,534,500,000

Strike 6050 has a total call value of 36,000,000 versus a total put value of 12,369,000,000 Combined total value = 12,405,000,000

Strike 6100 has a total call value of 47,000,000 versus a total put value of 10,235,000,000 Combined total value = 10,282,000,000

Strike 6150 has a total call value of 186,500,000 versus a total put value of 8,591,500,000 Combined total value = 8,778,000,000

Strike 6200 has a total call value of 326,000,000 versus a total put value of 7,005,500,000 Combined total value = 7,331,500,000

Strike 6250 has a total call value of 491,500,000 versus a total put value of 5,621,500,000 Combined total value = 6,113,000,000

Strike 6300 has a total call value of 689,000,000 versus a total put value of 4,331,000,000 Combined total value = 5,020,000,000

Strike 6350 has a total call value of 1,041,000,000 versus a total put value of 3,363,500,000 Combined total value = 4,404,500,000

Strike 6400 has a total call value of 1,515,000,000 versus a total put value of 2,492,500,000 Combined total value = 4,007,500,000

Strike 6450 has a total call value of 2,396,000,000 versus a total put value of 1,941,500,000 Combined total value = 4,337,500,000

Strike 6500 has a total call value of 3,409,000,000 versus a total put value of 1,455,000,000 Combined total value = 4,864,000,000

Strike 6550 has a total call value of 5,198,500,000 versus a total put value of 1,142,000,000 Combined total value = 6,340,500,000

Strike 6600 has a total call value of 7,098,500,000 versus a total put value of 911,500,000 Combined total value = 8,010,000,000

Strike 6650 has a total call value of 9,363,500,000 versus a total put value of 760,000,000 Combined total value = 10,123,500,000

Strike 6700 has a total call value of 11,736,000,000 versus a total put value of 651,500,000 Combined total value = 12,387,500,000

Strike 6750 has a total call value of 14,481,500,000 versus a total put value of 566,500,000 Combined total value = 15,048,000,000

Strike 6800 has a total call value of 17,286,000,000 versus a total put value of 490,000,000 Combined total value = 17,776,000,000

Strike 6850 has a total call value of 20,277,500,000 versus a total put value of 433,500,000 Combined total value = 20,711,000,000

Strike 6900 has a total call value of 23,296,000,000 versus a total put value of 380,500,000 Combined total value = 23,676,500,000

Strike 6950 has a total call value of 26,470,500,000 versus a total put value of 328,000,000 Combined total value = 26,798,500,000

Strike 7000 has a total call value of 29,663,500,000 versus a total put value of 277,000,000 Combined total value = 29,940,500,000

Strike 7050 has a total call value of 33,178,500,000 versus a total put value of 237,000,000 Combined total value = 33,415,500,000

Strike 7100 has a total call value of 36,693,500,000 versus a total put value of 198,000,000 Combined total value = 36,891,500,000

Strike 7150 has a total call value of 40,379,500,000 versus a total put value of 161,000,000 Combined total value = 40,540,500,000

Strike 7200 has a total call value of 44,065,500,000 versus a total put value of 124,000,000 Combined total value = 44,189,500,000

Strike 7250 has a total call value of 48,530,000,000 versus a total put value of 93,000,000 Combined total value = 48,623,000,000

Strike 7300 has a total call value of 52,994,500,000 versus a total put value of 62,000,000 Combined total value = 53,056,500,000

Strike 7350 has a total call value of 57,459,000,000 versus a total put value of 31,000,000 Combined total value = 57,490,000,000

Strike 7400 has a total call value of 61,923,500,000 versus a total put value of 0 Combined total value = 61,923,500,000

Strike 7450 has a total call value of 66,392,500,000 versus a total put value of 0 Combined total value = 66,392,500,000

Strike 7500 has a total call value of 70,862,000,000 versus a total put value of 0 Combined total value = 70,862,000,000

Strike 7550 has a total call value of 75,415,500,000 versus a total put value of 0 Combined total value = 75,415,500,000

Strike 7600 has a total call value of 79,969,000,000 versus a total put value of 0 Combined total value = 79,969,000,000

Strike 7650 has a total call value of 84,545,000,000 versus a total put value of 0 Combined total value = 84,545,000,000

Strike 7700 has a total call value of 89,121,000,000 versus a total put value of 0 Combined total value = 89,121,000,000

Strike 7750 has a total call value of 93,697,000,000 versus a total put value of 0 Combined total value = 93,697,000,000

Strike 7800 has a total call value of 98,273,000,000 versus a total put value of 0 Combined total value = 98,273,000,000

Max-Pain Table for Stocks

Max-Pain Table Expiry

Note:- click on symbol to see more detailed view

Max Pain Table (Stocks)
Symbol	Symbol Ltp	Max Pain
360ONE	1128.8	1140
ABB	5245.5	5200
ABCAPITAL	348	350
ADANIENSOL	995.4	990
ADANIENT	2244.9	2300
ADANIGREEN	1025.5	1020
ADANIPORTS	1499.2	1500
ALKEM	5658.5	5700
AMBER	6773.5	6800
AMBUJACEM	547.8	550
ANGELONE	2535	2600
APLAPOLLO	1727.4	1740
APOLLOHOSP	7034.5	7200
ASHOKLEY	167.85	160
ASIANPAINT	2788.9	2800
ASTRAL	1462	1460
AUBANK	982.2	960
AUROPHARMA	1180.1	1200
AXISBANK	1223.2	1240
BAJAJ-AUTO	8992.5	9000
BAJAJFINSV	2035.9	2060
BAJFINANCE	997.7	1020
BANDHANBNK	149.17	150
BANKBARODA	282.25	290
BANKINDIA	139.5	143
BDL	1351.7	1400
BEL	386.85	400
BHARATFORG	1415.5	1400
BHARTIARTL	2101.6	2100
BHEL	278.35	280
BIOCON	384.3	390
BLUESTARCO	1808.3	1780
BOSCHLTD	36130	36500
BPCL	366.4	362.5
BRITANNIA	6073	6000
BSE	2605.3	2700
CAMS	750.8	780
CANBK	147.27	148
CDSL	1500.7	1560
CGPOWER	670.75	680
CHOLAFIN	1714.7	1700
CIPLA	1496.7	1520
COALINDIA	380.95	382.5
COFORGE	1851.5	1840
COLPAL	2159.6	2180
CONCOR	498.9	520
CROMPTON	253	265
CUMMINSIND	4486.5	4500
CYIENT	1150.9	1160
DABUR	497.55	505
DALBHARAT	2066.6	2040
DELHIVERY	401.6	410
DIVISLAB	6288.5	6400
DIXON	13645	13750
DLF	690.15	720
DMART	3830	3900
DRREDDY	1277.3	1270
EICHERMOT	7081	7100
ETERNAL	285.85	295
EXIDEIND	365.8	375
FEDERALBNK	262.55	260
FORTIS	876.5	890
GAIL	167.76	175
GLENMARK	1963.1	1940
GMRAIRPORT	103.02	102
GODREJCP	1181.5	1160
GODREJPROP	2022.1	2080
GRASIM	2798.4	2800
HAL	4251.8	4500
HAVELLS	1411.5	1440
HCLTECH	1647.1	1660
HDFCAMC	2584.5	2625
HDFCBANK	995.4	1000
HDFCLIFE	765.8	770
HEROMOTOCO	5945.5	6050
HFCL	65.46	68
HINDALCO	834.7	820
HINDPETRO	463.85	460
HINDUNILVR	2284.8	2300
HINDZINC	570.75	540
HUDCO	210.91	220
ICICIBANK	1362.4	1380
ICICIGI	1946.4	1980
ICICIPRULI	640.15	630
IDEA	11.25	11
IDFCFIRSTB	83.5	81
IEX	140.4	145
IIFL	564.25	560
INDHOTEL	724.2	740
INDIANB	771.25	820
INDIGO	4965	5000
INDUSINDBK	844.15	850
INDUSTOWER	407.5	410
INFY	1590.9	1600
INOXWIND	125.96	130
IOC	167.39	165
IRCTC	669.2	690
IREDA	133.7	140
IRFC	111.96	116
ITC	401.95	405
JINDALSTEL	1009.7	1020
JIOFIN	295.4	305
JSWENERGY	475.15	490
JSWSTEEL	1085.1	1130
JUBLFOOD	561.4	580
KALYANKJIL	478	480
KAYNES	4190	4400
KEI	4154.2	4100
KFINTECH	1034	1060
KOTAKBANK	2184.2	2160
KPITTECH	1171.9	1200
LAURUSLABS	996.6	1000
LICHSGFIN	526.5	550
LICI	853.45	880
LODHA	1074.6	1120
LT	4053.3	4040
LTF	300.1	302.5
LTIM	6210	6150
LUPIN	2085.6	2080
M&M	3623	3650
MANAPPURAM	283.4	280
MANKIND	2103.6	2200
MARICO	737.75	730
MARUTI	16392	16300
MAXHEALTH	1078.7	1100
MAZDOCK	2410.4	2600
MCX	10152	10100
MFSL	1674.3	1700
MOTHERSON	119.75	116
MPHASIS	2852	2900
MUTHOOTFIN	3840	3750
NATIONALUM	275.35	270
NAUKRI	1345.2	1360
NBCC	111.68	113
NCC	158.12	167.5
NESTLEIND	1242.2	1240
NHPC	75.88	78
NMDC	77.11	77
NTPC	319.1	325
NUVAMA	7220	7200
NYKAA	245.7	255
OBEROIRLTY	1631.2	1660
OFSS	7850	8000
OIL	401.1	410
ONGC	231.71	240
PAGEIND	36370	37500
PATANJALI	532.55	545
PAYTM	1283	1300
PERSISTENT	6196	6200
PETRONET	264.35	277.5
PFC	335.2	355
PGEL	569.15	560
PHOENIXLTD	1774.6	1740
PIDILITIND	1471.5	1480
PIIND	3228.9	3350
PNB	116.93	120
PNBHOUSING	912.4	910
POLICYBZR	1820.7	1860
POLYCAB	7295	7300
POWERGRID	260.8	270
POWERINDIA	19225	19500
PPLPHARMA	169.02	180
PRESTIGE	1614.6	1660
RBLBANK	299.3	310
RECLTD	335	355
RELIANCE	1543.4	1540
RVNL	308.75	315
SAIL	128.83	132
SAMMAANCAP	146.49	155
SBICARD	848.1	870
SBILIFE	2043.2	2020
SBIN	962.85	970
SHREECEM	25960	26500
SHRIRAMFIN	850	850
SIEMENS	3149.5	3200
SOLARINDS	11900	12500
SONACOMS	485.15	500
SRF	3014.9	2950
SUNPHARMA	1784.3	1800
SUPREMEIND	3401.4	3400
SUZLON	52.32	54
SYNGENE	647.1	650
TATACONSUM	1169.2	1170
TATAELXSI	4997	5100
TATAMOTORS	0	320
TATAPOWER	378.6	390
TATASTEEL	169.86	170
TATATECH	649.5	680
TCS	3203.2	3200
TECHM	1574	1540
TIINDIA	2623.6	2700
TITAGARH	788.2	800
TITAN	3912.8	3860
TMPV	344.75	360
TORNTPHARM	3769.8	3800
TORNTPOWER	1279.6	1280
TRENT	4105.2	4200
TVSMOTOR	3615.1	3600
ULTRACEMCO	11540	11700
UNIONBANK	152.69	152.5
UNITDSPR	1447.6	1440
UNOMINDA	1256.8	1280
UPL	748.7	750
VBL	476.65	470
VEDL	557.55	535
VOLTAS	1389.2	1360
WIPRO	258.92	255
YESBANK	21.44	22
ZYDUSLIFE	916.05	930

Note:

Stock LTP > Max Pain	Bearish Trend
Stock LTP < Max Pain	Bullish Trend

Frequently Asked Questions

Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation.

The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.

Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. Here's the step-by-step process:

For each strike price: Calculate the difference between the current stock price and the strike price.
Multiply by Open Interest: Multiply this difference by the open interest (number of contracts) at that strike for both call and put options.
Sum the values: Add together the dollar value for put options and call options at each strike price.
Repeat for all strikes: Perform this calculation for every available strike price in the option chain.
Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price.

This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.

Traders can incorporate Max Pain analysis into their trading strategy in several ways:

Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level.
Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes.
Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly.
Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration.
Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.

Max Pain provides insights into potential stock price behavior, especially near option expiration:

Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions.
Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost.
Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears.
Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities.

Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.

Max Pain is a dynamic value that changes continuously based on several factors:

Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation.
Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations.
Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements.
New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest.

For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.

Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading:

Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately.
Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading.

The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.

No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why:

Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions.
Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts.
Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum.
Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level.
Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target.

Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.

Max Pain becomes increasingly relevant as option expiration approaches:

Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur.
Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations.
High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure.
Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement.
Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement.

While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.

Related Pages for DIVISLAB

DIVISLAB

360ONE

ABB

ABCAPITAL

ADANIENSOL

ADANIENT

ADANIGREEN

ADANIPORTS

ALKEM

AMBER

AMBUJACEM

ANGELONE

APLAPOLLO

APOLLOHOSP

ASHOKLEY

ASIANPAINT

ASTRAL

AUBANK

AUROPHARMA

AXISBANK

BAJAJ-AUTO

BAJAJFINSV

BAJFINANCE

BANDHANBNK

BANKBARODA

BANKEX

BANKINDIA

BANKNIFTY

BDL

BEL

BHARATFORG

BHARTIARTL

BHEL

BIOCON

BLUESTARCO

BOSCHLTD

BPCL

BRITANNIA

BSE

CAMS

CANBK

CDSL

CGPOWER

CHOLAFIN

CIPLA

COALINDIA

COFORGE

COLPAL

CONCOR

COPPER

CROMPTON

CRUDEOIL

CRUDEOILM

CUMMINSIND

CYIENT

DABUR

DALBHARAT

DELHIVERY

DIVISLAB

DIXON

DLF

DMART

DRREDDY

EICHERMOT

ETERNAL

EURINR

EURUSD

EXIDEIND

FEDERALBNK

FINNIFTY

FORTIS

GAIL

GBPINR

GBPUSD

GLENMARK

GMRAIRPORT

GODREJCP

GODREJPROP

GOLD