NIFTY Midcap Select Max Pain Today
₹14,234.25Updated 12 Jun 2026, 03:30 pm IST
Max Pain Strike
14,250
Writers' least-loss point
Spot vs Max Pain
-0.11%
Spot 14,234
Max Pain Shift
+50
vs yesterday
Days to Expiry
17
2026-06-30
2nd Lowest Pain Strike
14,225
25 points from max pain
What is MIDCPNIFTY Max Pain?
Max Pain theory states NIFTY Midcap Select gravitates toward the strike where option writers face minimum collective loss at expiry. Today that strike is 14,250. Spot at 14,234 is near max pain — expiry magnetic pull is active.
Data as of 2026-06-12
Frequently Asked Questions
What is NIFTY Midcap Select max pain today?▾
NIFTY Midcap Select's max pain strike is ₹14,250 for the 2026-06-30 expiry (17 days away). Spot is 0.1% below max pain.
How is max pain calculated for NIFTY Midcap Select?▾
NIFTY Midcap Select's max pain is calculated by taking every possible expiry price and computing the total ITM payout to all option buyers: sum of (CE OI × max(0, spot − strike)) + (PE OI × max(0, strike − spot)) for all strikes. The strike with the minimum total payout is the max pain — where option writers collectively lose the least.
Does max pain predict NIFTY Midcap Select expiry price?▾
Max pain theory suggests the underlying tends to gravitate toward the max pain strike as expiry approaches, because option writers (who have the capital and hedging ability) can influence spot price. It's more reliable within 1 week of expiry and for liquid stocks like NIFTY Midcap Select. It should be used with other signals, not in isolation.
What happened to NIFTY Midcap Select max pain since yesterday?▾
NIFTY Midcap Select's max pain shifted up by ₹50 from the previous session. Max pain shifts indicate that option writers are adjusting their positions — a rising max pain is modestly bullish; falling is modestly bearish.
What is the next expiry for NIFTY Midcap Select options?▾
NIFTY Midcap Select's next options expiry is on 2026-06-30 — 17 days away. NSE F&O stocks have monthly expiry on the last Tuesday of each month. As expiry approaches, gamma risk increases and max pain becomes a stronger gravitational force.