Sammaan Capital Limited Max Pain Analysis
₹176.2Updated 1 Jul 2026, 03:30 pm IST
Max Pain Strike
₹170
Writers' least-loss point
Spot vs Max Pain
+2.35%
Spot ₹176.2
Max Pain Shift
+₹0
vs yesterday
Days to Expiry
0
2026-06-30
2nd Lowest Pain Strike
₹173
₹3 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 SAMMAANCAP, that strike is ₹170. Spot at ₹176.2 is 2.35% above max pain — possible downward gravitational pull into expiry.
AI AnalysisGenerated daily after market close · AI-powered
Thinking Process:
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Analyze the Request:
- Role: Derivatives Analyst.
- Task: Generate a Max Pain analysis for Sammaan Capital Limited (SAMMAANCAP).
- Target Date: 2026-06-30.
- Word Count: Maximum 220 words.
- Data Provided:
- Spot: ₹184 (Wait, data says ₹174). Correction: Spot: ₹174.
- Expiry: 2026-06-30 (0 days) - Note: Expiry is today.
- Max Pain: ₹170.
- Shift vs yesterday: 0.
- Spot vs Max Pain: +2.35%.
- Second-lowest pain: ₹172.5.
- Structure: Specific H2 headings and sentence counts per section.
## Max Pain Level(2 sentences)## Spot vs Max Pain Gap(2 sentences)## Shift Signal(2 sentences)## Expiry Context(2 sentences)## Data Note(1 sentence)
- Rules:
- Explain mechanics factually.
- Note max pain is a tendency, not a guarantee.
- No buy/sell recommendations.
- Present tense.
- Name stock symbol max 2 times.
- Word limit: 220 words max.
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Drafting - Section by Section:
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## Max Pain Level- Requirement: 2 sentences. Strike + what max pain means.
- Draft: For SAMMAANCAP, the Max Pain strike is ₹170. This value represents the price where option writers face minimal loss as contracts expire.
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## Spot vs Max Pain Gap- Requirement: 2 sentences. Gap direction and pull implication.
- Draft: The spot trades at ₹174, positioning 2.35% above the pain point. Market mechanics often suggest a magnetic pull toward this level during the final trading hours.
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## Shift Signal- Requirement: 2 sentences. Shift direction and writer positioning.
- Draft: Yesterday’s shift remains zero, indicating stable positioning by option sellers. Writers maintain their conviction at ₹170 without adjusting strikes to hedge against volatility.
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## Expiry Context- Requirement: 2
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Data as of 2026-06-30
Related Analysis
Frequently Asked Questions
What is Sammaan Capital Limited max pain today?▾
Sammaan Capital Limited's max pain strike is ₹170 for the 2026-06-30 expiry (0 days away). Spot is 2.4% above max pain.
How is max pain calculated for Sammaan Capital Limited?▾
Sammaan Capital 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 Sammaan Capital 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 Sammaan Capital Limited. It should be used with other signals, not in isolation.
What happened to Sammaan Capital Limited max pain since yesterday?▾
Sammaan Capital 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 Sammaan Capital Limited options?▾
Sammaan Capital Limited's next options expiry is on 2026-06-30 — 0 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.