SBI Max Pain Today

SBIN is trading above Max Pain at ₹1,020 for the current expiry, currently moderately away from this level by ₹25.4 (2.49%), creating downward pressure towards ₹1,020 as expiry approaches. Max Pain theory suggests option writers have maximum interest in prices gravitating towards ₹1,020, where option buyers face maximum loss. A move to Max Pain would represent approximately ₹19,050 per lot. Traders use Max Pain as a reference for potential support/resistance zones during expiry week.