Options Max Pain Chart Live for Derivative Stocks


Saturday 23rd of September 2017 06:26:12 PM
Click on the stock symbol below to see Open Interest Max Pain Chart Live.

ABIRLANUVO ACC ADANIENT ADANIPORTS
ADANIPOWER AJANTPHARM ALBK AMARAJABAT
AMBUJACEM ANDHRABANK APOLLOHOSP APOLLOTYRE
ARVIND ASHOKLEY ASIANPAINT AUROPHARMA
AXISBANK BAJAJ-AUTO BAJFINANCE BANKBARODA
BANKINDIA BANKNIFTY BATAINDIA BEL
BEML BHARATFIN BHARATFORG BHARTIARTL
BHEL BIOCON BOSCHLTD BPCL
BRITANNIA CADILAHC CAIRN CANBK
CASTROLIND CEATLTD CENTURYTEX CESC
CIPLA COALINDIA COLPAL CONCOR
CROMPGREAV CUMMINSIND DABUR DHFL
DISHTV DIVISLAB DLF DRREDDY
EICHERMOT ENGINERSIN EXIDEIND FEDERALBNK
GAIL GLENMARK GMRINFRA GODREJCP
GODREJIND GRANULES GRASIM HAVELLS
HCLTECH HDFC HDFCBANK HDIL
HEROMOTOCO HEXAWARE HINDALCO HINDPETRO
HINDUNILVR HINDZINC IBREALEST IBULHSGFIN
ICICIBANK ICIL IDBI IDEA
IDFC IFCI IGL INDIACEM
INDUSINDBK INFRATEL INFY IOC
IRB ITC JETAIRWAYS JINDALSTEL
JISLJALEQS JPASSOCIAT JSWENERGY JSWSTEEL
JUBLFOOD JUSTDIAL KOTAKBANK KPIT
KSCL KTKBANK LICHSGFIN LT
LUPIN M&MFIN MARICO MARUTI
MCDOWELL-N MCLEODRUSS MINDTREE MOTHERSUMI
MRF NCC NHPC NIFTY
NIITTECH NMDC NTPC OFSS
OIL ONGC ORIENTBANK PAGEIND
PCJEWELLER PETRONET PFC PIDILITIND
PNB POWERGRID PTC RCOM
RECLTD RELCAPITAL RELIANCE RELINFRA
RPOWER SAIL SBIN SIEMENS
SINTEX SOUTHBANK SRF SRTRANSFIN
STAR SUNPHARMA SUNTV SYNDIBANK
TATACHEM TATACOMM TATAELXSI TATAGLOBAL
TATAMOTORS TATAMTRDVR TATAPOWER TATASTEEL
TCS TECHM TITAN TORNTPHARM
TV18BRDCST TVSMOTOR UBL ULTRACEMCO
UNIONBANK UPL VEDL VOLTAS
WIPRO WOCKPHARMA YESBANK ZEEL

What is Option Pain?

Before understanding “Options Max Pain Theory”, it is important to understand the meaning of “Options Pain”.

It is seen that 90%+ options expire out of the money. Since most options buyers lose money in options trading, the price of the underlying stock somehow must be adjusted / manipulated to close in a way that benefits option writers at the time of options expiry.

The loss incurred by options buyers is also termed as “Options Pain” for our discussion.

What is Options Max Pain Theory?

Options Max Pain Theory suggests, “On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

How to calculate Options Max Pain Strike Price?

We need to calculate the strike the price at which the option buyer loses the maximum amount of money. This is also the point at which option writers will payout the least amount of money.
Illustration coming soon…

How can a trader benefit from “Max Pain Theory”?

Traders can utilize this concept to their advantage. Option writing can be done near expiry based on this theory, provided other technical indicators also favor the trade.
No trade should be taken without extensive study (of technicals or fundamentals of the underlying).

Interpretation of the above chart:

With the help of above charts you can identify the strike price corresponding to max pain point in options. The “Options Max Pain” charts are available for all derivative stocks in the “Options Max Pain Chart” above.

{ 22 Responses }

  1. Is this above chart taking into consideration for open Interest of all expiry or only near month expiry?

    Is it possible to zoom into the above chart to a range between say 6500 to 10000.

  2. Dear sir,
    Everything about your data is so useful and one can trust about your research.
    But I found that max pain in castrol India is 380 which your chart is showing 390 . I just analysis that ..
    Correct me if I wrong.pardon me if I m wrong please.
    Date 17 Dec 2016

    • The difference in max pain is so small for the above that it might be shifting between 380 and 390.

      When the difference is so small do not rely on “max pain” too much.

  3. IF you can give values of MAXIMUM PAIN in excel format for all futures then it will be easy to come to conclusion on which call or put to be bought.

  4. Hi Team,

    I would like to have all the Max Pain Prediction from Nifty trader for for past 1 year & the actual expiry data.

    Please let me know if I can contact you guys or email you.

  5. Your Max Pain calculation isn’t live, this seems wrong to me first time.
    The analysis show Max Pain should be around 21000. Please write back with your calculation behind Max Pain.

  6. I find that today many of the menu items do not work in your website.. The screen goes on and on without displaying anything, max pain points and option charts in particular.

  7. What is CP & PP. How Pain is calculated. How We can predict the direction of Nifty from the Chart.

  8. CP and PP full form pl.
    How to know instantly that CALL or PUT will be profit making for a day trader

Leave a Reply

Your email address will not be published. Required fields are marked *

More on Niftytrader: