Samvardhana Motherson International Limited Max Pain Analysis
What is Max Pain?
Max Pain theory states the underlying gravitates toward the strike where option writers face minimum collective loss at expiry. For MOTHERSON, that strike is ₹120. Spot at ₹125.27 is 4.39% above max pain — possible downward gravitational pull into expiry.
Max Pain Level
The max pain strike for MOTHERSON is ₹120, where option sellers face minimal total loss at expiry. This level often acts as a magnet in the final days, as writer positioning influences price movement.
Spot vs Max Pain Gap
The spot price at ₹125.27 is 4.39% above the max pain level, indicating a notable premium. This gap suggests potential downward pull toward ₹120 as expiry approaches.
Shift Signal
Max pain has stabilized with no shift from yesterday, signaling steady writer positioning around ₹120. The unchanged level reflects balanced near-term supply and demand in open options.
Expiry Bias
Drift toward ₹120 is expected in the next 7 days, supported by option structure and gamma effects. This tendency strengthens if spot enters the ₹119–120 range, particularly within 5 days of expiry.
Trader Note
With 7 days to expiry, premium decay strategies are premature; wait until ≤5 days remain for short premium setups near ₹120.
Data as of 2026-04-21