Tool · OI Analysis
Free Max Pain Calculator
Paste strike + CE OI + PE OI rows (from NSE option chain). We compute the strike where total option-writer profit is maximized — the expiry magnet level.
Current spot
Strike, CE OI, PE OI (one row per strike)
CSV / space / tab separated. Paste directly from NSE option chain or a spreadsheet.
Max Pain Strike
₹24,300
Distance from spot
-200
-0.82% away
Pain curve (₹ Cr loss to writers)
Interpretation: Max pain at ₹24,300 suggests the index may gravitate toward this level at expiry as option sellers defend it. Most accurate in the last 3 days of expiry.
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