Tube Investments of India Limited Max Pain Analysis
₹2,900Updated 22 Jul 2026, 03:30 pm IST
Max Pain Strike
₹2,950
Writers' least-loss point
Spot vs Max Pain
-1.69%
Spot ₹2,900
Max Pain Shift
₹-50
vs yesterday
Days to Expiry
6
2026-07-28
2nd Lowest Pain Strike
₹2,960
₹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 TIINDIA, that strike is ₹2,950. Spot at ₹2,900 is 1.7% below max pain — possible upward gravitational pull into expiry.
Data as of 2026-07-22
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Frequently Asked Questions
What is Tube Investments of India Limited max pain today?▾
Tube Investments of India Limited's max pain strike is ₹2,950 for the 2026-07-28 expiry (6 days away). Spot is 1.7% below max pain.
How is max pain calculated for Tube Investments of India Limited?▾
Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India Limited. It should be used with other signals, not in isolation.
What happened to Tube Investments of India Limited max pain since yesterday?▾
Tube Investments of India Limited's max pain shifted down by ₹50 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 Tube Investments of India Limited options?▾
Tube Investments of India Limited's next options expiry is on 2026-07-28 — 6 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.