Max Healthcare Institute Limited Max Pain Analysis
₹977Updated 5 Jun 2026, 03:30 pm IST
Max Pain Strike
₹990
Writers' least-loss point
Spot vs Max Pain
-1.31%
Spot ₹977
Max Pain Shift
+₹0
vs yesterday
Days to Expiry
23
2026-06-30
2nd Lowest Pain Strike
₹1,000
₹10 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 MAXHEALTH, that strike is ₹990. Spot at ₹977 is 1.3% below max pain — possible upward gravitational pull into expiry.
Data as of 2026-06-05
Related Analysis
Frequently Asked Questions
What is Max Healthcare Institute Limited max pain today?▾
Max Healthcare Institute Limited's max pain strike is ₹990 for the 2026-06-30 expiry (23 days away). Spot is 1.3% below max pain.
How is max pain calculated for Max Healthcare Institute Limited?▾
Max Healthcare Institute 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 Max Healthcare Institute 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 Max Healthcare Institute Limited. It should be used with other signals, not in isolation.
What happened to Max Healthcare Institute Limited max pain since yesterday?▾
Max Healthcare Institute 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 Max Healthcare Institute Limited options?▾
Max Healthcare Institute 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.