MAX_PAIN for Nifty 09MAY2024 Expiry Series:
Nifty CMP : 22302
The Max Pain is seen at 22400 spot with the CE/PE Combined Residual Premium/Pain Value of 829.12 Crores.
What is MAX PAIN? The price point at which, if the market expires, then it would cause the maximum amount of pain (loss) to Option Buyers.