HDFC Bank Max Pain Today

HDFCBANK is trading above Max Pain at ₹780 for the current expiry, currently moderately away from this level by ₹16.3 (2.09%), creating downward pressure towards ₹780 as expiry approaches. Max Pain theory suggests option writers have maximum interest in prices gravitating towards ₹780, where option buyers face maximum loss. A move to Max Pain would represent approximately ₹8,965 per lot. Traders use Max Pain as a reference for potential support/resistance zones during expiry week.