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MFSL Max Financial Services Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Financial Services
₹ 1,559.60
-2.24%

Smart Money Verdict synthesis of derivatives, deals, and promoter files

Derivatives signal Short Buildup
Short sellers are loading fresh positions (OI up +2.1%) on price weakness (-2.2%).

Analysis what the data is telling us about MFSL

In the last completed session, Max Financial Services Ltd. closed -2.24% with futures open interest moving +2.1%. That combination — price falling while OI builds — is classified as Short Buildup. Fresh short positions are being added on weakness, which historically prefaces further downside until shorts are forced to cover. The stock's option PCR sits at 0.62, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹1,640 sits 5.2% above the current price, a mild magnet near expiry.

There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Max Financial Services Ltd. over the last 30 sessions.

Putting it together, the smart-money picture for Max Financial Services Ltd. points to a softer setup at the next open.

F&O Positioning EOD derivatives setup

Buildup Class
Short Buildup
bias: bearish
Futures OI
10,198,800
+213200 (+2.1%)
Option PCR (OI)
0.62
heavy call writing
Max Pain Strike
₹ 1,640
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 1,595.40
yesterday's EOD close
Index Contribution
not a Nifty 50 constituent
Traded Volume
882,314
live shares traded today
Upcoming Earnings
no report scheduled

Key Fundamentals headline ratios · Financial Services

P/E (TTM)
652.5
price / earnings
P/B
19.6
price / book
ROE
1.6%
return on equity
Market Cap
₹ 53,564 Cr
total market value
Dividend Yield
trailing yield
EPS (TTM)
₹ 2.39
earnings per share

Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.

Institutional Deals last 30 sessions (bulk & block)

No institutional bulk or block deals recorded for this stock in the last 30 sessions.

Insider & Promoter Filings last 60 days

No insider disclosures filed for this stock in the last 60 days.

Option Chain Ladder nearest expiry 2026-06-30 · spot 1,560 · EOD 2026-06-03

Option writers expect range between 1,700 and 1,800+15.4% upside, +9.0% downside.
unbalanced
Call OI (writers) Strike Put OI (writers)
400
IV 150% Δ 0.66 θ -4.5 ν 2
1440
11,600 +11k
IV 28% Δ -0.13 θ -0.4 ν 1
0
IV 79% Δ 0.67 θ -2.4 ν 2
1460
18,800 +4k
IV 28% Δ -0.17 θ -0.5 ν 1
800 +0k
IV 32% Δ 0.76 θ -1.0 ν 1
1480
10,000
IV 19% Δ -0.13 θ -0.3 ν 1
400
IV 85% Δ 0.62 θ -2.7 ν 2
1500
58,000 -8k
IV 28% Δ -0.27 θ -0.6 ν 1
0
IV 39% Δ 0.63 θ -1.3 ν 2
1520
400
IV 14% Δ -0.21 θ -0.3 ν 1
9,200 +8k
IV 31% Δ 0.60 θ -1.1 ν 2
1540
40,400 +8k
IV 27% Δ -0.39 θ -0.7 ν 2
23,200 +23k
IV 31% Δ 0.54 θ -1.1 ν 2
1560
23,600 +17k
IV 27% Δ -0.46 θ -0.7 ν 2
17,200 +17k
IV 30% Δ 0.48 θ -1.1 ν 2
1580
18,000 -1k
IV 26% Δ -0.53 θ -0.7 ν 2
73,600 +44k
IV 31% Δ 0.42 θ -1.1 ν 2
1600
62,000 -3k
IV 25% Δ -0.61 θ -0.6 ν 2
14,400 -3k
IV 31% Δ 0.36 θ -1.0 ν 2
1620
9,600 -1k
IV 24% Δ -0.68 θ -0.5 ν 2
27,600 +4k
IV 31% Δ 0.31 θ -0.9 ν 1
1640 MP
29,200 -1k
IV 25% Δ -0.74 θ -0.4 ν 1
26,400 +7k
IV 30% Δ 0.26 θ -0.8 ν 1
1660
15,600 -2k
IV 25% Δ -0.80 θ -0.3 ν 1
46,400 +9k
IV 31% Δ 0.21 θ -0.8 ν 1
1680
20,400

Chain Interpretation

Spot Underlying 1,559.60
Key Resistance (R) 1,800
Key Support (S) 1,700
Max Pain Strike (MP) 1,640
Concentrations of Option open interest show strong barrier levels. Option writers defend these levels, especially heading into monthly derivatives expiry.

Strategy Builder multi-leg payoff for MFSL options · 2026-06-30 expiry

Underlying: MFSL · Spot: ₹ 1,559.60 · Expiry: 2026-06-30 · Lot: 400

Legs

Side
Type
Strike
Qty
Premium
Net premium
Max profit
Max loss
Breakevens
Position Delta
Position Theta/day
Position Vega/1% IV

Payoff at expiry

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