LTM Limited

NSE: LTM · Information Technology · Lot size: 150

LTM Limited Max Pain Analysis

4,025.9Updated 5 Jun 2026, 03:30 pm IST
Max Pain Strike
4,100
Writers' least-loss point
Spot vs Max Pain
-1.81%
Spot ₹4,025.9
Max Pain Shift
+0
vs yesterday
Days to Expiry
23
2026-06-30
2nd Lowest Pain Strike
4,050
50 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 LTM, that strike is ₹4,100. Spot at ₹4,025.9 is 1.8% below max pain — possible upward gravitational pull into expiry.

Data as of 2026-06-05

Frequently Asked Questions

What is LTM Limited max pain today?
LTM Limited's max pain strike is ₹4,100 for the 2026-06-30 expiry (23 days away). Spot is 1.8% below max pain.
How is max pain calculated for LTM Limited?
LTM 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 LTM 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 LTM Limited. It should be used with other signals, not in isolation.
What happened to LTM Limited max pain since yesterday?
LTM 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 LTM Limited options?
LTM Limited's next options expiry is on 2026-06-30 — 23 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.