This page reflects INFY options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — INFY
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $13.00 (0.23 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$1.35
±10.6%
Days to Expiry
29
Calendar days
Total Call OI
9,382
Nearest expiry
Total Put OI
25,718
Nearest expiry
P/C OI Ratio
2.74
Put-heavy
Spot Price
$12.77
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$15.00
4/17/2026, 11:14:46 PM
2026-05-15
$15.00
5/15/2026, 11:19:37 PM
2026-06-18NextUpdated
$13.00
5/20/2026, 11:15:47 PM
2026-07-17
$13.00
5/20/2026, 11:15:47 PM
2026-08-21
$14.00
5/20/2026, 11:15:47 PM
2026-09-18
$16.00
5/20/2026, 11:15:47 PM
2026-10-16
$13.00
5/20/2026, 11:15:47 PM
2026-11-20
$18.00
5/20/2026, 11:15:47 PM
2026-12-18
$15.00
5/20/2026, 11:15:47 PM
2027-01-15
$15.00
5/20/2026, 11:15:47 PM
Selected expiration: 2026-06-18 at max pain $13.00.
INFY pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
7
0
12854400
12854400
8
0
10282600
10282600
9
0
7711000
7711000
10
14300
5139400
5153700
11
29800
2969700
2999500
12
45900
1337400
1383300
13
76500
297400
373900
14
792900
176800
969700
15
1557700
97300
1655000
16
2382700
66500
2449200
17
3242500
44800
3287300
18
4163000
29300
4192300
19
5090000
13900
5103900
20
6018000
0
6018000
21
6946000
0
6946000
30
15388900
0
15388900
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.