Wipro Limited (WIT)
Wipro Max Pain By Strike
WIT trades at $2.62, 4.8% above the near-term max pain of $2.5 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$8), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 3 expirations converge.
Wipro Max Pain By Expiry
Max pain for WIT shows a downward trend from 8 to 2.5, indicating bearish sentiment or hedging activity. The 134% spread signals divergent expectations across timeframes. Levels distributed around 2.62. Strong magnetic level at 3 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Oct 17, 2025 | 2.5 | n/a (n/a) |
| Nov 21, 2025 | 2.5 | n/a (n/a) |
| Dec 19, 2025 | 5 | n/a (n/a) |
| Jan 16, 2026 | 8 | n/a (n/a) |
| Mar 20, 2026 | 2.5 | n/a (n/a) |