Nifty max pain

Nifty max pain DEFAULT

What is Option Pain?

Before understanding “Options Max Pain Theory”, it is important to understand the meaning of “Options Pain”. It is seen that 90%+ options expire out of the money. Since most options buyers lose money in options trading, the price of the underlying stock somehow must be adjusted / manipulated to close in a way that benefits option writers at the time of options expiry.

The loss incurred by options buyers is also termed as “Options Pain” for our discussion.

What is Options Max Pain Theory?

Options Max Pain Theory suggests, “On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

What is Options Max Pain Theory?

Options Max Pain Theory suggests, “On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

How can a trader benefit from “Max Pain Theory”?

Traders can utilize this concept to their advantage. Option writing can be done near expiry based on this theory, provided other technical indicators also favor the trade. No trade should be taken without extensive study (of technicals or fundamentals of the underlying).

Interpretation of the above chart

With the help of above charts you can identify the strike price corresponding to max pain point in options. The “Options Max Pain” charts are available for all derivative stocks in the “Options Max Pain Chart” above.

ShareSymbolName Options chart. Identify support and resistance levels based on stock options data.

Sours: https://www.niftytrader.in/options-max-pain-chart-live/BANKNIFTY

Max pain for NIFTY

Strike  14950  has a total call value of 0  versus a total put value of  6,255,634,250,000 Combined total value = 6,255,634,250,000

Strike  15000  has a total call value of 0  versus a total put value of  6,145,049,125,000 Combined total value = 6,145,049,125,000

Strike  15050  has a total call value of 0  versus a total put value of  6,036,301,875,000 Combined total value = 6,036,301,875,000

Strike  15100  has a total call value of 0  versus a total put value of  5,927,554,625,000 Combined total value = 5,927,554,625,000

Strike  15150  has a total call value of 0  versus a total put value of  5,818,810,750,000 Combined total value = 5,818,810,750,000

Strike  15200  has a total call value of 0  versus a total put value of  5,710,066,875,000 Combined total value = 5,710,066,875,000

Strike  15250  has a total call value of 0  versus a total put value of  5,601,323,000,000 Combined total value = 5,601,323,000,000

Strike  15300  has a total call value of 0  versus a total put value of  5,492,579,125,000 Combined total value = 5,492,579,125,000

Strike  15350  has a total call value of 0  versus a total put value of  5,383,905,125,000 Combined total value = 5,383,905,125,000

Strike  15400  has a total call value of 0  versus a total put value of  5,275,231,125,000 Combined total value = 5,275,231,125,000

Strike  15450  has a total call value of 0  versus a total put value of  5,166,566,125,000 Combined total value = 5,166,566,125,000

Strike  15500  has a total call value of 0  versus a total put value of  5,057,901,125,000 Combined total value = 5,057,901,125,000

Strike  15550  has a total call value of 125,000  versus a total put value of  4,949,509,375,000 Combined total value = 4,949,509,500,000

Strike  15600  has a total call value of 250,000  versus a total put value of  4,841,117,625,000 Combined total value = 4,841,117,875,000

Strike  15650  has a total call value of 375,000  versus a total put value of  4,732,729,000,000 Combined total value = 4,732,729,375,000

Strike  15700  has a total call value of 500,000  versus a total put value of  4,624,340,500,000 Combined total value = 4,624,341,000,000

Strike  15750  has a total call value of 625,000  versus a total put value of  4,515,952,000,000 Combined total value = 4,515,952,625,000

Strike  15800  has a total call value of 750,000  versus a total put value of  4,407,563,500,000 Combined total value = 4,407,564,250,000

Strike  15850  has a total call value of 875,000  versus a total put value of  4,299,181,000,000 Combined total value = 4,299,181,875,000

Strike  15900  has a total call value of 1,250,000  versus a total put value of  4,190,798,875,000 Combined total value = 4,190,800,125,000

Strike  15950  has a total call value of 1,625,000  versus a total put value of  4,082,425,750,000 Combined total value = 4,082,427,375,000

Strike  16000  has a total call value of 2,000,000  versus a total put value of  3,974,052,625,000 Combined total value = 3,974,054,625,000

Strike  16050  has a total call value of 16,625,000  versus a total put value of  3,866,750,000,000 Combined total value = 3,866,766,625,000

Strike  16100  has a total call value of 31,250,000  versus a total put value of  3,759,447,750,000 Combined total value = 3,759,479,000,000

Strike  16150  has a total call value of 45,875,000  versus a total put value of  3,652,173,750,000 Combined total value = 3,652,219,625,000

Strike  16200  has a total call value of 60,500,000  versus a total put value of  3,544,899,750,000 Combined total value = 3,544,960,250,000

Strike  16250  has a total call value of 75,250,000  versus a total put value of  3,437,664,375,000 Combined total value = 3,437,739,625,000

Strike  16300  has a total call value of 90,000,000  versus a total put value of  3,330,429,000,000 Combined total value = 3,330,519,000,000

Strike  16350  has a total call value of 105,125,000  versus a total put value of  3,223,228,750,000 Combined total value = 3,223,333,875,000

Strike  16400  has a total call value of 120,250,000  versus a total put value of  3,116,032,125,000 Combined total value = 3,116,152,375,000

Strike  16450  has a total call value of 137,750,000  versus a total put value of  3,008,869,750,000 Combined total value = 3,009,007,500,000

Strike  16500  has a total call value of 155,250,000  versus a total put value of  2,901,720,000,000 Combined total value = 2,901,875,250,000

Strike  16550  has a total call value of 183,000,000  versus a total put value of  2,797,358,875,000 Combined total value = 2,797,541,875,000

Strike  16600  has a total call value of 211,125,000  versus a total put value of  2,693,004,125,000 Combined total value = 2,693,215,250,000

Strike  16650  has a total call value of 243,875,000  versus a total put value of  2,589,091,375,000 Combined total value = 2,589,335,250,000

Strike  16700  has a total call value of 277,125,000  versus a total put value of  2,485,188,250,000 Combined total value = 2,485,465,375,000

Strike  16750  has a total call value of 315,500,000  versus a total put value of  2,381,748,375,000 Combined total value = 2,382,063,875,000

Strike  16800  has a total call value of 362,250,000  versus a total put value of  2,278,328,250,000 Combined total value = 2,278,690,500,000

Strike  16850  has a total call value of 415,000,000  versus a total put value of  2,175,523,375,000 Combined total value = 2,175,938,375,000

Strike  16900  has a total call value of 467,875,000  versus a total put value of  2,072,731,625,000 Combined total value = 2,073,199,500,000

Strike  16950  has a total call value of 526,250,000  versus a total put value of  1,970,536,625,000 Combined total value = 1,971,062,875,000

Strike  17000  has a total call value of 585,000,000  versus a total put value of  1,868,378,250,000 Combined total value = 1,868,963,250,000

Strike  17050  has a total call value of 675,500,000  versus a total put value of  1,773,700,500,000 Combined total value = 1,774,376,000,000

Strike  17100  has a total call value of 766,875,000  versus a total put value of  1,679,077,875,000 Combined total value = 1,679,844,750,000

Strike  17150  has a total call value of 871,625,000  versus a total put value of  1,585,631,375,000 Combined total value = 1,586,503,000,000

Strike  17200  has a total call value of 977,500,000  versus a total put value of  1,492,392,625,000 Combined total value = 1,493,370,125,000

Strike  17250  has a total call value of 1,102,000,000  versus a total put value of  1,401,327,625,000 Combined total value = 1,402,429,625,000

Strike  17300  has a total call value of 1,229,875,000  versus a total put value of  1,310,417,000,000 Combined total value = 1,311,646,875,000

Strike  17350  has a total call value of 1,375,875,000  versus a total put value of  1,221,966,000,000 Combined total value = 1,223,341,875,000

Strike  17400  has a total call value of 1,529,125,000  versus a total put value of  1,133,650,875,000 Combined total value = 1,135,180,000,000

Strike  17450  has a total call value of 1,711,625,000  versus a total put value of  1,047,994,750,000 Combined total value = 1,049,706,375,000

Strike  17500  has a total call value of 1,896,875,000  versus a total put value of  962,538,250,000 Combined total value = 964,435,125,000

Strike  17550  has a total call value of 2,172,625,000  versus a total put value of  884,492,250,000 Combined total value = 886,664,875,000

Strike  17600  has a total call value of 2,452,250,000  versus a total put value of  806,810,250,000 Combined total value = 809,262,500,000

Strike  17650  has a total call value of 2,767,875,000  versus a total put value of  736,830,375,000 Combined total value = 739,598,250,000

Strike  17700  has a total call value of 3,100,125,000  versus a total put value of  667,402,375,000 Combined total value = 670,502,500,000

Strike  17750  has a total call value of 3,543,250,000  versus a total put value of  601,510,250,000 Combined total value = 605,053,500,000

Strike  17800  has a total call value of 4,016,750,000  versus a total put value of  536,357,250,000 Combined total value = 540,374,000,000

Strike  17850  has a total call value of 4,936,750,000  versus a total put value of  476,204,375,000 Combined total value = 481,141,125,000

Strike  17900  has a total call value of 5,899,750,000  versus a total put value of  416,893,000,000 Combined total value = 422,792,750,000

Strike  17950  has a total call value of 7,102,000,000  versus a total put value of  361,632,500,000 Combined total value = 368,734,500,000

Strike  18000  has a total call value of 8,369,250,000  versus a total put value of  307,707,875,000 Combined total value = 316,077,125,000

Strike  18050  has a total call value of 10,599,375,000  versus a total put value of  260,949,625,000 Combined total value = 271,549,000,000

Strike  18100  has a total call value of 12,895,375,000  versus a total put value of  215,513,375,000 Combined total value = 228,408,750,000

Strike  18150  has a total call value of 15,740,625,000  versus a total put value of  174,737,000,000 Combined total value = 190,477,625,000

Strike  18200  has a total call value of 18,762,375,000  versus a total put value of  135,609,875,000 Combined total value = 154,372,250,000

Strike  18250  has a total call value of 23,003,375,000  versus a total put value of  102,781,250,000 Combined total value = 125,784,625,000

Strike  18300  has a total call value of 27,617,500,000  versus a total put value of  72,861,875,000 Combined total value = 100,479,375,000

Strike  18350  has a total call value of 34,267,375,000  versus a total put value of  51,280,750,000 Combined total value = 85,548,125,000

Strike  18400  has a total call value of 41,775,625,000  versus a total put value of  32,614,250,000 Combined total value = 74,389,875,000

Strike  18450  has a total call value of 52,266,500,000  versus a total put value of  19,334,250,000 Combined total value = 71,600,750,000

Strike  18500  has a total call value of 64,198,375,000  versus a total put value of  8,257,250,000 Combined total value = 72,455,625,000

Strike  18550  has a total call value of 85,396,750,000  versus a total put value of  5,276,625,000 Combined total value = 90,673,375,000

Strike  18600  has a total call value of 110,486,375,000  versus a total put value of  3,206,250,000 Combined total value = 113,692,625,000

Strike  18650  has a total call value of 143,207,250,000  versus a total put value of  2,136,250,000 Combined total value = 145,343,500,000

Strike  18700  has a total call value of 179,512,875,000  versus a total put value of  1,212,625,000 Combined total value = 180,725,500,000

Strike  18750  has a total call value of 221,833,750,000  versus a total put value of  892,750,000 Combined total value = 222,726,500,000

Strike  18800  has a total call value of 266,759,875,000  versus a total put value of  601,000,000 Combined total value = 267,360,875,000

Strike  18850  has a total call value of 317,947,000,000  versus a total put value of  439,625,000 Combined total value = 318,386,625,000

Strike  18900  has a total call value of 373,266,250,000  versus a total put value of  280,875,000 Combined total value = 373,547,125,000

Strike  18950  has a total call value of 435,050,125,000  versus a total put value of  144,750,000 Combined total value = 435,194,875,000

Strike  19000  has a total call value of 498,114,250,000  versus a total put value of  10,125,000 Combined total value = 498,124,375,000

Strike  19050  has a total call value of 571,046,625,000  versus a total put value of  7,875,000 Combined total value = 571,054,500,000

Strike  19100  has a total call value of 645,015,875,000  versus a total put value of  6,000,000 Combined total value = 645,021,875,000

Strike  19150  has a total call value of 722,337,125,000  versus a total put value of  4,500,000 Combined total value = 722,341,625,000

Strike  19200  has a total call value of 800,250,250,000  versus a total put value of  3,125,000 Combined total value = 800,253,375,000

Strike  19250  has a total call value of 882,723,250,000  versus a total put value of  2,250,000 Combined total value = 882,725,500,000

Strike  19300  has a total call value of 965,355,375,000  versus a total put value of  1,625,000 Combined total value = 965,357,000,000

Strike  19350  has a total call value of 1,050,239,750,000  versus a total put value of  1,125,000 Combined total value = 1,050,240,875,000

Strike  19400  has a total call value of 1,135,255,000,000  versus a total put value of  750,000 Combined total value = 1,135,255,750,000

Strike  19450  has a total call value of 1,222,114,125,000  versus a total put value of  500,000 Combined total value = 1,222,114,625,000

Strike  19500  has a total call value of 1,309,065,625,000  versus a total put value of  250,000 Combined total value = 1,309,065,875,000

Strike  19550  has a total call value of 1,401,746,875,000  versus a total put value of  125,000 Combined total value = 1,401,747,000,000

Strike  19600  has a total call value of 1,494,531,500,000  versus a total put value of  0 Combined total value = 1,494,531,500,000

Strike  19650  has a total call value of 1,588,132,750,000  versus a total put value of  0 Combined total value = 1,588,132,750,000

Strike  19700  has a total call value of 1,682,028,750,000  versus a total put value of  0 Combined total value = 1,682,028,750,000

Strike  19750  has a total call value of 1,776,487,750,000  versus a total put value of  0 Combined total value = 1,776,487,750,000

Strike  19800  has a total call value of 1,871,042,375,000  versus a total put value of  0 Combined total value = 1,871,042,375,000

Strike  19850  has a total call value of 1,966,110,750,000  versus a total put value of  0 Combined total value = 1,966,110,750,000


The above calculation shows us that at 18450 the total value is minimal and the option seller will suffer less losses if the symbol closes at that price when it expires. Sours: https://niftyinvest.com/max-pain/NIFTY
  1. Scottie poo dog
  2. 1 bedroom northeast apartments
  3. Amana thermal fuse

[LIVE] Nifty Options Max Pain Chart

Winning in options trading is very difficult, especially for the small traders who buy call or put options. In options trading, about 95% of the traders lose money. So there are only 5% traders who make huge money consistently.

Now, these 5% traders are the large institutions, HNI, FII, Proprietary traders who are selling/ writing options. Small traders can take advantage of option max pain theory and turn the tide in your favor.

While trading options make sure your trading cost is low, else you will struggle to break even.

What is Option Max Pain Theory?

As per max pain theory, as the time nears the options expiration. The deep pocket traders (large institutions, HNI, FII, Proprietary traders), they manipulate the stock prices in such a way that it expires at the max pain point.

This max pain point is a point where a maximum number of options will expire worthlessly. Thus benefiting the options writers/sellers and causing maximum damage (pain) to both call/put option buyers.

So the max pain is the level at which the option writers/sellers will profit the most and option buyers will lose maximum.

[LIVE] Nifty Option Max Pain Chart:

Max Pain is basically the strike price which will cause the minimum value of the loss to option writers. Option Max pain is just a theory and we should not blindly following it to work all of the time, one should do their own analysis.

As per my experience index futures on the day of expiration is 99% of the time very close to the Max pain point. We can predict the expiration level to some extent using max pain.

As option sellers/ writers are such large traders, that using their capital they may manipulate the prices. Therefore they may push stock prices towards the max pain level so that they benefit the most and maximum options expire worthless.

Read Books on Option Trading.

On the expiration day, it is common to see the stock price moving closer to max pain level. It is still difficult to say if it happens because of max pain theory or just a coincidence.

But traders can take max pain level as an advantage for taking intraday positions on futures or option writing. Using our Options Max Pain chart traders can get an idea of a level, where there is a high probability of expiry.

If your broker is charging you more than Rs.20 per trade brokerage, then you need to open a trading account with us.

Sours: https://ournifty.com/live-nifty-option-max-pain-level
Stock future price prediction with - \

What is Option Pain and how can it used in practice

A fairly common usage, albeit controversial is the concept Option Pain. Before we get into the concept of Option Pain, let us look at the logic behind this concept of Option Pain. In most F&O markets, especially in India, the retail traders are typically option buyers. On the other hand, option selling is done by large institutions, proprietary desks of brokers, HNIs etc. It is assumed that since option sellers are much better informed decisions, they are able to write options in such a way that most of the options expire worthless. For example, when buy calls and puts, all OTM options and ITM options will expire worthless. But then what is OTM for the call will be ITM for the put and what is OTM for the put will be ITM for the call. That is where the point of Maximum Option Pain comes in. Option Pain is the point or the strike price where the largest number of options open interest will expire worthless. In other words, Max Option Pain is the strike where the combined open interest of calls and puts is the highest.

Understanding Option Pain with Bank Nifty

 

Sours: https://www.motilaloswal.com/blog-details/What-is-Option-Pain-and-how-can-it-used-in-practice/2101

Pain nifty max

What is “Stock Options Chart for derivative stocks”?

The NSE Option Chain chart for stocks above shows open interest data for stock options that are trading on NSE India. The total open interest of Puts and Calls is visible for each strike price for that particular stock.

How to use these charts?

The charts can be used to identify the support and resistance levels based on Open Interest data. Generally speaking, the strike price with highest OI of Calls is considered a resistance. Similarly, the strike price with highest Open Interest of Puts of considered a resistance level for that stock

If a particular stock has a market cap of INR 1 Trillion and OI is just ten thousand then the Open Interest data should not be used to identify levels for that particular stock.

Also, if the stock is in sharp uptrend or the momentum is very strong, the trader should not rely on support and resistance from these charts. The major supports and resistances get broken during strong up or down moves.

Are these charts reliable in identifying support and resistance levels?

The charts should not be relied upon for the stocks where the open interest is very low. The higher the open interest of a particular stock, the better.

ShareSymbolName Options chart. Identify support and resistance levels based on stock options data.

Sours: https://www.niftytrader.in/stock-options-chart/NIFTY
Zero Hero Option Trading Trick - Max Pain Theory - Max Pain Trading Strategy - What is Max Pain

BankNifty Max Pain

What is Max Pain/Option Pain?

Max pain is the point where option buyers feel “maximum pain/loss” or will stand to lose the most money and Option sellers, on the other hand, may stand to reap the most reward. In general, 90% of the options expire worthless, hence option writers/sellers tend to make money more often, more consistently than the option buyers.

How to Calculate Max Pain?

Follow the below steps to calculate Max Pain manually.

Step 1: List down all the strikes of a derivative and note down its Call and Put Open Interest corresponding to each Strike.

Step 2: For each Strike, assume that the derivative contract ends at that Strike on expiry.

Step 3: Calculate how much money is lost by the Option Writers/Sellers (both Call and Put Option)

Step 4: Add up the money lost by both Call and Put option sellers.

Step 5: Identify the Strike at which the money lost by Option Sellers is least.

It is the Strike price point at which most pain is witnessed by the Option Buyers and it is the price at which the derivative contract will expire.

BankNifty Max Pain Chart & Data for this Expiry

Sours: https://marketsecrets.in/technicals/banknifty-maxpain/

You will also like:

Max Pain

What Is Max Pain?

Max pain, or the max pain price, is the strike price with the most open options contracts (i.e., puts and calls), and it is the price at which the stock would cause financial losses for the largest number of option holders at expiration.

The term max pain stems from the maximum pain theory, which states that most traders who buy and hold options contracts until expiration will lose money.

Key Takeaways

  • Max pain, or the max pain price, is the strike price with the most open contract puts and calls and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
  • The Maximum Pain theory states that an option's price will gravitate towards a max pain price, in some cases equal to the strike price for an option, that causes the maximum number of options to expire worthless.
  • Max pain calculation involves the summation of the dollar values of outstanding put and call options for each in-the-money strike price.

Understanding Max Pain

According to the maximum pain theory, the price of an underlying stock tends to gravitate towards its "maximum pain strike price"—the price where the greatest number of options (in dollar value) will expire worthless.

Maximum pain theory says that the option writers will hedge the contracts they have written. In the case of the market maker, the hedging is done to remain neutral in the stock. Consider the market maker's position if they must write an option contract without wanting a position in the stock.

As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. For instance, call writers will want the share price to go down while put holders would like to see share prices go up.

About 60% of options are traded out, 30% of options expire worthless, and 10% of options are exercised. Max pain is the point where option owners (buyers) feel "maximum pain," or will stand to lose the most money. Option sellers, on the other hand, may stand to reap the most rewards.

The maximum pain theory is controversial. Critics of the theory are divided whether the tendency for the underlying stock's price to gravitate towards the maximum pain strike price is a matter of chance or a case of market manipulation.

Calculating the Max Pain Point

Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price.

For each in-the-money strike price for both puts and calls:

  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. Find the highest value strike price. This price is equivalent to max pain price.

Because the max pain price can change daily, if not from hour to hour, using it as a trading tool is not easy. However, it is sometimes valuable to note when there is a large difference between the current stock price and the max pain price. There could be a tendency for the stock to move closer to max pain, but the effects may not be meaningful until expiration approaches.

Example

For example, suppose options of stock ABC are trading at a strike price on $48. However, there is significant open interest on ABC options at strike prices of $51 and $52. Then the max pain price will settle at either one of these two values because they will cause the maximum number of ABC's options to expire worthless.

Sours: https://www.investopedia.com/terms/m/maxpain.asp


149 150 151 152 153