Bajaj Auto Limited Max Pain Analysis
₹9,924Updated 16 Jun 2026, 12:00 pm IST
Max Pain Strike
₹10,000
Writers' least-loss point
Spot vs Max Pain
-0.64%
Spot ₹9,924
Max Pain Shift
+₹0
vs yesterday
Days to Expiry
14
2026-06-30
2nd Lowest Pain Strike
₹10,100
₹100 from max pain
What is Max Pain?
Max Pain theory states the underlying gravitates toward the strike where option writers face minimum collective loss at expiry. For BAJAJ-AUTO, that strike is ₹10,000. Spot at ₹9,924 is near max pain — the expiry magnetic pull is active.
Data as of 2026-06-15
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Frequently Asked Questions
What is Bajaj Auto Limited max pain today?▾
Bajaj Auto Limited's max pain strike is ₹10,000 for the 2026-06-30 expiry (14 days away). Spot is 0.6% below max pain.
How is max pain calculated for Bajaj Auto Limited?▾
Bajaj Auto Limited'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 Bajaj Auto Limited 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 Bajaj Auto Limited. It should be used with other signals, not in isolation.
What happened to Bajaj Auto Limited max pain since yesterday?▾
Bajaj Auto Limited's max pain is unchanged 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 Bajaj Auto Limited options?▾
Bajaj Auto Limited's next options expiry is on 2026-06-30 — 14 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.