SENSEX
Sensex
Max pain for SENSEX
26 Dec 2024 04:11 PM IST
Max Pain for SENSEX is 78500
Strike 73200 has a total call value of 0 versus a total put value of 2,941,078,400,000 Combined total value = 2,941,078,400,000
Strike 73300 has a total call value of 0 versus a total put value of 2,863,111,400,000 Combined total value = 2,863,111,400,000
Strike 73400 has a total call value of 100,000 versus a total put value of 2,785,166,900,000 Combined total value = 2,785,167,000,000
Strike 73500 has a total call value of 200,000 versus a total put value of 2,707,261,800,000 Combined total value = 2,707,262,000,000
Strike 73600 has a total call value of 300,000 versus a total put value of 2,630,964,200,000 Combined total value = 2,630,964,500,000
Strike 73700 has a total call value of 400,000 versus a total put value of 2,554,715,700,000 Combined total value = 2,554,716,100,000
Strike 73800 has a total call value of 500,000 versus a total put value of 2,478,549,600,000 Combined total value = 2,478,550,100,000
Strike 73900 has a total call value of 600,000 versus a total put value of 2,402,437,000,000 Combined total value = 2,402,437,600,000
Strike 74000 has a total call value of 700,000 versus a total put value of 2,326,337,000,000 Combined total value = 2,326,337,700,000
Strike 74100 has a total call value of 800,000 versus a total put value of 2,252,458,100,000 Combined total value = 2,252,458,900,000
Strike 74200 has a total call value of 900,000 versus a total put value of 2,178,642,200,000 Combined total value = 2,178,643,100,000
Strike 74300 has a total call value of 1,000,000 versus a total put value of 2,104,900,500,000 Combined total value = 2,104,901,500,000
Strike 74400 has a total call value of 1,100,000 versus a total put value of 2,031,235,400,000 Combined total value = 2,031,236,500,000
Strike 74500 has a total call value of 1,200,000 versus a total put value of 1,957,637,800,000 Combined total value = 1,957,639,000,000
Strike 74600 has a total call value of 1,300,000 versus a total put value of 1,884,978,300,000 Combined total value = 1,884,979,600,000
Strike 74700 has a total call value of 1,400,000 versus a total put value of 1,812,499,200,000 Combined total value = 1,812,500,600,000
Strike 74800 has a total call value of 1,500,000 versus a total put value of 1,740,181,500,000 Combined total value = 1,740,183,000,000
Strike 74900 has a total call value of 1,600,000 versus a total put value of 1,668,297,900,000 Combined total value = 1,668,299,500,000
Strike 75000 has a total call value of 1,700,000 versus a total put value of 1,596,579,100,000 Combined total value = 1,596,580,800,000
Strike 75100 has a total call value of 1,800,000 versus a total put value of 1,528,363,300,000 Combined total value = 1,528,365,100,000
Strike 75200 has a total call value of 1,900,000 versus a total put value of 1,460,314,200,000 Combined total value = 1,460,316,100,000
Strike 75300 has a total call value of 2,000,000 versus a total put value of 1,392,547,500,000 Combined total value = 1,392,549,500,000
Strike 75400 has a total call value of 2,100,000 versus a total put value of 1,325,008,800,000 Combined total value = 1,325,010,900,000
Strike 75500 has a total call value of 4,200,000 versus a total put value of 1,258,243,900,000 Combined total value = 1,258,248,100,000
Strike 75600 has a total call value of 6,300,000 versus a total put value of 1,194,097,600,000 Combined total value = 1,194,103,900,000
Strike 75700 has a total call value of 10,400,000 versus a total put value of 1,130,164,200,000 Combined total value = 1,130,174,600,000
Strike 75800 has a total call value of 14,500,000 versus a total put value of 1,066,820,100,000 Combined total value = 1,066,834,600,000
Strike 75900 has a total call value of 20,600,000 versus a total put value of 1,004,183,100,000 Combined total value = 1,004,203,700,000
Strike 76000 has a total call value of 33,000,000 versus a total put value of 942,234,900,000 Combined total value = 942,267,900,000
Strike 76100 has a total call value of 47,400,000 versus a total put value of 885,626,400,000 Combined total value = 885,673,800,000
Strike 76200 has a total call value of 72,200,000 versus a total put value of 829,802,300,000 Combined total value = 829,874,500,000
Strike 76300 has a total call value of 97,000,000 versus a total put value of 774,996,500,000 Combined total value = 775,093,500,000
Strike 76400 has a total call value of 133,600,000 versus a total put value of 721,384,700,000 Combined total value = 721,518,300,000
Strike 76500 has a total call value of 170,200,000 versus a total put value of 668,904,300,000 Combined total value = 669,074,500,000
Strike 76600 has a total call value of 216,200,000 versus a total put value of 621,323,000,000 Combined total value = 621,539,200,000
Strike 76700 has a total call value of 263,000,000 versus a total put value of 575,804,300,000 Combined total value = 576,067,300,000
Strike 76800 has a total call value of 309,800,000 versus a total put value of 532,168,400,000 Combined total value = 532,478,200,000
Strike 76900 has a total call value of 366,600,000 versus a total put value of 489,695,400,000 Combined total value = 490,062,000,000
Strike 77000 has a total call value of 423,900,000 versus a total put value of 448,148,100,000 Combined total value = 448,572,000,000
Strike 77100 has a total call value of 513,100,000 versus a total put value of 411,328,700,000 Combined total value = 411,841,800,000
Strike 77200 has a total call value of 604,800,000 versus a total put value of 375,523,100,000 Combined total value = 376,127,900,000
Strike 77300 has a total call value of 718,700,000 versus a total put value of 340,693,200,000 Combined total value = 341,411,900,000
Strike 77400 has a total call value of 855,800,000 versus a total put value of 307,226,600,000 Combined total value = 308,082,400,000
Strike 77500 has a total call value of 1,016,400,000 versus a total put value of 274,562,700,000 Combined total value = 275,579,100,000
Strike 77600 has a total call value of 1,274,500,000 versus a total put value of 245,525,700,000 Combined total value = 246,800,200,000
Strike 77700 has a total call value of 1,552,000,000 versus a total put value of 218,654,600,000 Combined total value = 220,206,600,000
Strike 77800 has a total call value of 1,846,700,000 versus a total put value of 192,914,500,000 Combined total value = 194,761,200,000
Strike 77900 has a total call value of 2,192,400,000 versus a total put value of 168,480,100,000 Combined total value = 170,672,500,000
Strike 78000 has a total call value of 2,699,300,000 versus a total put value of 145,052,700,000 Combined total value = 147,752,000,000
Strike 78100 has a total call value of 3,827,700,000 versus a total put value of 125,275,300,000 Combined total value = 129,103,000,000
Strike 78200 has a total call value of 5,179,200,000 versus a total put value of 106,675,300,000 Combined total value = 111,854,500,000
Strike 78300 has a total call value of 6,894,000,000 versus a total put value of 89,447,900,000 Combined total value = 96,341,900,000
Strike 78400 has a total call value of 9,270,500,000 versus a total put value of 73,886,700,000 Combined total value = 83,157,200,000
Strike 78500 has a total call value of 13,017,300,000 versus a total put value of 60,549,800,000 Combined total value = 73,567,100,000
Strike 78600 has a total call value of 22,617,600,000 versus a total put value of 52,317,500,000 Combined total value = 74,935,100,000
Strike 78700 has a total call value of 34,245,700,000 versus a total put value of 45,901,400,000 Combined total value = 80,147,100,000
Strike 78800 has a total call value of 47,874,900,000 versus a total put value of 40,438,800,000 Combined total value = 88,313,700,000
Strike 78900 has a total call value of 64,124,700,000 versus a total put value of 35,859,200,000 Combined total value = 99,983,900,000
Strike 79000 has a total call value of 82,647,500,000 versus a total put value of 31,966,200,000 Combined total value = 114,613,700,000
Strike 79100 has a total call value of 106,532,000,000 versus a total put value of 29,378,300,000 Combined total value = 135,910,300,000
Strike 79200 has a total call value of 131,892,100,000 versus a total put value of 27,014,900,000 Combined total value = 158,907,000,000
Strike 79300 has a total call value of 159,096,700,000 versus a total put value of 24,747,600,000 Combined total value = 183,844,300,000
Strike 79400 has a total call value of 187,906,600,000 versus a total put value of 22,608,600,000 Combined total value = 210,515,200,000
Strike 79500 has a total call value of 219,269,800,000 versus a total put value of 20,540,400,000 Combined total value = 239,810,200,000
Strike 79600 has a total call value of 255,278,200,000 versus a total put value of 18,933,400,000 Combined total value = 274,211,600,000
Strike 79700 has a total call value of 292,790,500,000 versus a total put value of 17,378,800,000 Combined total value = 310,169,300,000
Strike 79800 has a total call value of 331,732,900,000 versus a total put value of 15,846,300,000 Combined total value = 347,579,200,000
Strike 79900 has a total call value of 372,316,800,000 versus a total put value of 14,349,900,000 Combined total value = 386,666,700,000
Strike 80000 has a total call value of 414,123,300,000 versus a total put value of 12,871,900,000 Combined total value = 426,995,200,000
Strike 80100 has a total call value of 464,725,400,000 versus a total put value of 11,825,000,000 Combined total value = 476,550,400,000
Strike 80200 has a total call value of 517,542,100,000 versus a total put value of 10,796,200,000 Combined total value = 528,338,300,000
Strike 80300 has a total call value of 573,152,200,000 versus a total put value of 9,784,400,000 Combined total value = 582,936,600,000
Strike 80400 has a total call value of 631,543,600,000 versus a total put value of 8,781,000,000 Combined total value = 640,324,600,000
Strike 80500 has a total call value of 692,626,000,000 versus a total put value of 7,788,000,000 Combined total value = 700,414,000,000
Strike 80600 has a total call value of 761,626,400,000 versus a total put value of 6,934,100,000 Combined total value = 768,560,500,000
Strike 80700 has a total call value of 832,646,800,000 versus a total put value of 6,098,200,000 Combined total value = 838,745,000,000
Strike 80800 has a total call value of 905,840,100,000 versus a total put value of 5,297,100,000 Combined total value = 911,137,200,000
Strike 80900 has a total call value of 981,242,300,000 versus a total put value of 4,508,200,000 Combined total value = 985,750,500,000
Strike 81000 has a total call value of 1,057,927,900,000 versus a total put value of 3,736,900,000 Combined total value = 1,061,664,800,000
Strike 81100 has a total call value of 1,142,775,700,000 versus a total put value of 3,263,500,000 Combined total value = 1,146,039,200,000
Strike 81200 has a total call value of 1,228,750,400,000 versus a total put value of 2,813,400,000 Combined total value = 1,231,563,800,000
Strike 81300 has a total call value of 1,315,635,500,000 versus a total put value of 2,372,300,000 Combined total value = 1,318,007,800,000
Strike 81400 has a total call value of 1,403,517,600,000 versus a total put value of 1,944,400,000 Combined total value = 1,405,462,000,000
Strike 81500 has a total call value of 1,491,969,600,000 versus a total put value of 1,523,400,000 Combined total value = 1,493,493,000,000
Strike 81600 has a total call value of 1,583,775,300,000 versus a total put value of 1,227,100,000 Combined total value = 1,585,002,400,000
Strike 81700 has a total call value of 1,676,273,300,000 versus a total put value of 942,900,000 Combined total value = 1,677,216,200,000
Strike 81800 has a total call value of 1,769,163,600,000 versus a total put value of 673,100,000 Combined total value = 1,769,836,700,000
Strike 81900 has a total call value of 1,862,841,300,000 versus a total put value of 409,500,000 Combined total value = 1,863,250,800,000
Strike 82000 has a total call value of 1,956,855,000,000 versus a total put value of 155,100,000 Combined total value = 1,957,010,100,000
Strike 82100 has a total call value of 2,055,287,000,000 versus a total put value of 102,400,000 Combined total value = 2,055,389,400,000
Strike 82200 has a total call value of 2,154,055,300,000 versus a total put value of 54,900,000 Combined total value = 2,154,110,200,000
Strike 82300 has a total call value of 2,253,336,400,000 versus a total put value of 26,100,000 Combined total value = 2,253,362,500,000
Strike 82400 has a total call value of 2,352,923,900,000 versus a total put value of 9,800,000 Combined total value = 2,352,933,700,000
Strike 82500 has a total call value of 2,452,792,900,000 versus a total put value of 500,000 Combined total value = 2,452,793,400,000
Strike 82600 has a total call value of 2,554,818,800,000 versus a total put value of 400,000 Combined total value = 2,554,819,200,000
Strike 82700 has a total call value of 2,657,041,300,000 versus a total put value of 300,000 Combined total value = 2,657,041,600,000
Strike 82800 has a total call value of 2,759,429,800,000 versus a total put value of 200,000 Combined total value = 2,759,430,000,000
Strike 82900 has a total call value of 2,861,988,000,000 versus a total put value of 100,000 Combined total value = 2,861,988,100,000
Strike 83000 has a total call value of 2,964,787,100,000 versus a total put value of 0 Combined total value = 2,964,787,100,000
Strike 83100 has a total call value of 3,069,902,600,000 versus a total put value of 0 Combined total value = 3,069,902,600,000
Strike 83200 has a total call value of 3,175,160,800,000 versus a total put value of 0 Combined total value = 3,175,160,800,000
Strike 83300 has a total call value of 3,280,528,500,000 versus a total put value of 0 Combined total value = 3,280,528,500,000
Strike 83400 has a total call value of 3,386,033,100,000 versus a total put value of 0 Combined total value = 3,386,033,100,000
Strike 83500 has a total call value of 3,491,701,300,000 versus a total put value of 0 Combined total value = 3,491,701,300,000
Strike 83600 has a total call value of 3,598,405,500,000 versus a total put value of 0 Combined total value = 3,598,405,500,000
Strike 83700 has a total call value of 3,705,227,400,000 versus a total put value of 0 Combined total value = 3,705,227,400,000
Strike 83800 has a total call value of 3,812,222,500,000 versus a total put value of 0 Combined total value = 3,812,222,500,000
Strike 83900 has a total call value of 3,919,311,700,000 versus a total put value of 0 Combined total value = 3,919,311,700,000
Strike 84000 has a total call value of 4,026,627,400,000 versus a total put value of 0 Combined total value = 4,026,627,400,000
Strike 84100 has a total call value of 4,135,659,000,000 versus a total put value of 0 Combined total value = 4,135,659,000,000
Strike 84200 has a total call value of 4,244,899,300,000 versus a total put value of 0 Combined total value = 4,244,899,300,000
Strike 84300 has a total call value of 4,354,261,000,000 versus a total put value of 0 Combined total value = 4,354,261,000,000
Strike 84400 has a total call value of 4,463,654,100,000 versus a total put value of 0 Combined total value = 4,463,654,100,000
Strike 84500 has a total call value of 4,573,152,700,000 versus a total put value of 0 Combined total value = 4,573,152,700,000
Strike 84600 has a total call value of 4,683,511,700,000 versus a total put value of 0 Combined total value = 4,683,511,700,000
Strike 84700 has a total call value of 4,793,981,400,000 versus a total put value of 0 Combined total value = 4,793,981,400,000
Strike 84800 has a total call value of 4,904,480,300,000 versus a total put value of 0 Combined total value = 4,904,480,300,000
Strike 84900 has a total call value of 5,015,000,400,000 versus a total put value of 0 Combined total value = 5,015,000,400,000
Strike 85000 has a total call value of 5,125,581,300,000 versus a total put value of 0 Combined total value = 5,125,581,300,000
Strike 85100 has a total call value of 5,237,826,100,000 versus a total put value of 0 Combined total value = 5,237,826,100,000
Strike 85200 has a total call value of 5,350,127,300,000 versus a total put value of 0 Combined total value = 5,350,127,300,000
Strike 85300 has a total call value of 5,462,459,600,000 versus a total put value of 0 Combined total value = 5,462,459,600,000
Strike 85400 has a total call value of 5,574,815,000,000 versus a total put value of 0 Combined total value = 5,574,815,000,000
Strike 85500 has a total call value of 5,687,203,900,000 versus a total put value of 0 Combined total value = 5,687,203,900,000
Strike 85600 has a total call value of 5,799,934,600,000 versus a total put value of 0 Combined total value = 5,799,934,600,000
Strike 85700 has a total call value of 5,912,790,700,000 versus a total put value of 0 Combined total value = 5,912,790,700,000
Strike 85800 has a total call value of 6,025,663,900,000 versus a total put value of 0 Combined total value = 6,025,663,900,000
Strike 85900 has a total call value of 6,138,554,000,000 versus a total put value of 0 Combined total value = 6,138,554,000,000
Strike 86000 has a total call value of 6,251,520,000,000 versus a total put value of 0 Combined total value = 6,251,520,000,000
Strike 86100 has a total call value of 6,366,703,200,000 versus a total put value of 0 Combined total value = 6,366,703,200,000
Strike 86200 has a total call value of 6,481,910,300,000 versus a total put value of 0 Combined total value = 6,481,910,300,000
Strike 86300 has a total call value of 6,597,117,400,000 versus a total put value of 0 Combined total value = 6,597,117,400,000
Strike 86400 has a total call value of 6,712,324,500,000 versus a total put value of 0 Combined total value = 6,712,324,500,000
Strike 86500 has a total call value of 6,827,531,800,000 versus a total put value of 0 Combined total value = 6,827,531,800,000
Strike 86600 has a total call value of 6,943,036,500,000 versus a total put value of 0 Combined total value = 6,943,036,500,000
Strike 86700 has a total call value of 7,058,580,100,000 versus a total put value of 0 Combined total value = 7,058,580,100,000
Strike 86800 has a total call value of 7,174,123,700,000 versus a total put value of 0 Combined total value = 7,174,123,700,000
Strike 86900 has a total call value of 7,289,667,300,000 versus a total put value of 0 Combined total value = 7,289,667,300,000
Strike 87000 has a total call value of 7,405,216,500,000 versus a total put value of 0 Combined total value = 7,405,216,500,000
Strike 87100 has a total call value of 7,520,810,800,000 versus a total put value of 0 Combined total value = 7,520,810,800,000
Strike 87200 has a total call value of 7,636,405,100,000 versus a total put value of 0 Combined total value = 7,636,405,100,000
Strike 87300 has a total call value of 7,751,999,400,000 versus a total put value of 0 Combined total value = 7,751,999,400,000
Strike 87400 has a total call value of 7,867,593,700,000 versus a total put value of 0 Combined total value = 7,867,593,700,000
Strike 87500 has a total call value of 7,983,188,000,000 versus a total put value of 0 Combined total value = 7,983,188,000,000
Strike 87600 has a total call value of 8,098,786,200,000 versus a total put value of 0 Combined total value = 8,098,786,200,000
Strike 87700 has a total call value of 8,214,384,400,000 versus a total put value of 0 Combined total value = 8,214,384,400,000
Strike 87800 has a total call value of 8,329,990,000,000 versus a total put value of 0 Combined total value = 8,329,990,000,000
Strike 87900 has a total call value of 8,445,595,600,000 versus a total put value of 0 Combined total value = 8,445,595,600,000
Strike 88000 has a total call value of 8,561,201,200,000 versus a total put value of 0 Combined total value = 8,561,201,200,000
Strike 88100 has a total call value of 8,677,088,300,000 versus a total put value of 0 Combined total value = 8,677,088,300,000
Strike 88200 has a total call value of 8,792,982,000,000 versus a total put value of 0 Combined total value = 8,792,982,000,000
Strike 88300 has a total call value of 8,908,878,100,000 versus a total put value of 0 Combined total value = 8,908,878,100,000
Strike 88400 has a total call value of 9,024,774,200,000 versus a total put value of 0 Combined total value = 9,024,774,200,000
Strike 88500 has a total call value of 9,140,670,300,000 versus a total put value of 0 Combined total value = 9,140,670,300,000
Strike 88600 has a total call value of 9,256,566,400,000 versus a total put value of 0 Combined total value = 9,256,566,400,000
Strike 88700 has a total call value of 9,372,520,700,000 versus a total put value of 0 Combined total value = 9,372,520,700,000
Strike 88800 has a total call value of 9,488,475,000,000 versus a total put value of 0 Combined total value = 9,488,475,000,000
Strike 88900 has a total call value of 9,604,429,300,000 versus a total put value of 0 Combined total value = 9,604,429,300,000
Strike 89000 has a total call value of 9,720,383,600,000 versus a total put value of 0 Combined total value = 9,720,383,600,000
Strike 89100 has a total call value of 9,836,664,100,000 versus a total put value of 0 Combined total value = 9,836,664,100,000
Strike 89200 has a total call value of 9,952,944,600,000 versus a total put value of 0 Combined total value = 9,952,944,600,000
Strike 89300 has a total call value of 10,069,225,100,000 versus a total put value of 0 Combined total value = 10,069,225,100,000
Strike 89400 has a total call value of 10,185,505,600,000 versus a total put value of 0 Combined total value = 10,185,505,600,000
Strike 89500 has a total call value of 10,301,786,100,000 versus a total put value of 0 Combined total value = 10,301,786,100,000
Strike 89600 has a total call value of 10,418,066,600,000 versus a total put value of 0 Combined total value = 10,418,066,600,000
Strike 89700 has a total call value of 10,534,350,300,000 versus a total put value of 0 Combined total value = 10,534,350,300,000
Strike 89800 has a total call value of 10,650,645,700,000 versus a total put value of 0 Combined total value = 10,650,645,700,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 413.25 | 430 |
| ABB | 6945.3 | 7100 |
| ABBOTINDIA | 28597 | 28000 |
| ABCAPITAL | 184.35 | 200 |
| ABFRL | 282.3 | 300 |
| ACC | 2087.65 | 2400 |
| ADANIENSOL | 792.3 | 800 |
| ADANIENT | 2400.25 | 2800 |
| ADANIGREEN | 1064.25 | 1080 |
| ADANIPORTS | 1243.95 | 1220 |
| ALKEM | 5408.6 | 5500 |
| AMBUJACEM | 548.8 | 600 |
| ANGELONE | 2903.95 | 2950 |
| APLAPOLLO | 1497.2 | 1500 |
| APOLLOHOSP | 7261.15 | 7300 |
| APOLLOTYRE | 542.25 | 530 |
| ASHOKLEY | 220.14 | 225 |
| ASIANPAINT | 2262.4 | 2320 |
| ASTRAL | 1671.5 | 1800 |
| ATGL | 672 | 700 |
| ATUL | 7097.35 | 7200 |
| AUBANK | 548.3 | 560 |
| AUROPHARMA | 1256.25 | 1260 |
| AXISBANK | 1076.7 | 1100 |
| BAJAJ-AUTO | 8878.5 | 9000 |
| BAJAJFINSV | 1559.3 | 1600 |
| BAJFINANCE | 6815.75 | 7000 |
| BALKRISIND | 2824.7 | 2850 |
| BANDHANBNK | 161.47 | 170 |
| BANKBARODA | 246.68 | 255 |
| BANKINDIA | 103.17 | 105 |
| BATAINDIA | 1350.45 | 1400 |
| BEL | 295.2 | 300 |
| BERGEPAINT | 441 | 450 |
| BHARATFORG | 1314.25 | 1340 |
| BHARTIARTL | 1599.5 | 1600 |
| BHEL | 241.75 | 250 |
| BIOCON | 346.45 | 345 |
| BOSCHLTD | 34190.1 | 35000 |
| BPCL | 295.6 | 300 |
| BRITANNIA | 4761.65 | 4800 |
| BSE | 5442.35 | 5400 |
| BSOFT | 570.25 | 600 |
| CAMS | 4964 | 5000 |
| CANBK | 101.03 | 104 |
| CANFINHOME | 723.95 | 760 |
| CDSL | 1806.65 | 1860 |
| CESC | 184.82 | 185 |
| CGPOWER | 743.75 | 730 |
| CHAMBLFERT | 500.4 | 500 |
| CHOLAFIN | 1189.35 | 1200 |
| CIPLA | 1490.55 | 1500 |
| COALINDIA | 386.6 | 405 |
| COFORGE | 9493.25 | 9400 |
| COLPAL | 2719.2 | 2800 |
| CONCOR | 776.35 | 830 |
| COROMANDEL | 1845.05 | 1840 |
| CROMPTON | 393.6 | 400 |
| CUB | 173.54 | 177.5 |
| CUMMINSIND | 3364.25 | 3300 |
| CYIENT | 1928.35 | 1900 |
| DABUR | 505.6 | 510 |
| DALBHARAT | 1738.55 | 1800 |
| DEEPAKNTR | 2571.25 | 2700 |
| DELHIVERY | 350.95 | 350 |
| DIVISLAB | 5886.75 | 5800 |
| DIXON | 18038.15 | 18000 |
| DLF | 838.7 | 850 |
| DMART | 3511.65 | 3500 |
| DRREDDY | 1355.15 | 1350 |
| EICHERMOT | 4801.35 | 4800 |
| ESCORTS | 3151.1 | 3300 |
| EXIDEIND | 418.3 | 440 |
| FEDERALBNK | 197.68 | 200 |
| GAIL | 197.63 | 200 |
| GLENMARK | 1541.45 | 1540 |
| GMRAIRPORT | 79.04 | 84 |
| GMRINFRA | 0 | 32 |
| GNFC | 575.5 | 600 |
| GODREJCP | 1071.2 | 1100 |
| GODREJPROP | 2855.75 | 2900 |
| GRANULES | 592.95 | 590 |
| GRASIM | 2482.05 | 2600 |
| GUJGASLTD | 509 | 510 |
| HAL | 4229.2 | 4400 |
| HAVELLS | 1676.4 | 1700 |
| HCLTECH | 1900.75 | 1900 |
| HDFCAMC | 4269.45 | 4300 |
| HDFCBANK | 1790.75 | 1800 |
| HDFCLIFE | 626.4 | 630 |
| HEROMOTOCO | 4275 | 4400 |
| HFCL | 114.67 | 115 |
| HINDALCO | 628.75 | 640 |
| HINDCOPPER | 263.2 | 270 |
| HINDPETRO | 419.3 | 410 |
| HINDUNILVR | 2332.75 | 2400 |
| HUDCO | 227.58 | 240 |
| ICICIBANK | 1297.35 | 1300 |
| ICICIGI | 1861.15 | 2000 |
| ICICIPRULI | 668.1 | 660 |
| IDEA | 7.56 | 8 |
| IDFCFIRSTB | 61.75 | 65 |
| IEX | 180.17 | 185 |
| IGL | 390.5 | 390 |
| INDHOTEL | 868.3 | 860 |
| INDIAMART | 2231.5 | 2300 |
| INDIANB | 543.8 | 550 |
| INDIGO | 4725 | 4600 |
| INDUSINDBK | 931.95 | 980 |
| INDUSTOWER | 332.35 | 350 |
| INFY | 1907.4 | 1940 |
| IOC | 137.85 | 145 |
| IPCALAB | 1594.4 | 1600 |
| IRB | 55.87 | 55 |
| IRCTC | 782.4 | 820 |
| IRFC | 146.89 | 145 |
| ITC | 476.95 | 480 |
| JINDALSTEL | 941.35 | 950 |
| JIOFIN | 305.55 | 320 |
| JKCEMENT | 4595 | 4500 |
| JSL | 733.85 | 740 |
| JSWENERGY | 636.5 | 650 |
| JSWSTEEL | 914.45 | 940 |
| JUBLFOOD | 703.9 | 700 |
| KALYANKJIL | 726.45 | 720 |
| KEI | 4320.25 | 4300 |
| KOTAKBANK | 1752.8 | 1800 |
| KPITTECH | 1452.2 | 1420 |
| LALPATHLAB | 2954.55 | 3000 |
| LAURUSLABS | 570.6 | 570 |
| LICHSGFIN | 588.2 | 610 |
| LICI | 891.9 | 920 |
| LODHA | 1414.05 | 1400 |
| LT | 3629.5 | 3700 |
| LTF | 136.82 | 140 |
| LTIM | 5752.35 | 5900 |
| LTTS | 4668.05 | 4800 |
| LUPIN | 2182.1 | 2180 |
| M&M | 2975.65 | 3000 |
| M&MFIN | 265.6 | 275 |
| MANAPPURAM | 184.29 | 180 |
| MARICO | 632.6 | 630 |
| MARUTI | 10896 | 11000 |
| MAXHEALTH | 1155.7 | 1100 |
| MCX | 6352.65 | 6400 |
| METROPOLIS | 2028.1 | 2100 |
| MFSL | 1114.2 | 1120 |
| MGL | 1238.95 | 1260 |
| MOTHERSON | 156.4 | 162.5 |
| MPHASIS | 2908.45 | 3000 |
| MRF | 131204.2 | 130000 |
| MUTHOOTFIN | 2062.5 | 2040 |
| NATIONALUM | 217.07 | 220 |
| NAUKRI | 8667.5 | 8600 |
| NAVINFLUOR | 3326.3 | 3500 |
| NCC | 284.5 | 300 |
| NESTLEIND | 2149.9 | 2200 |
| NHPC | 82.04 | 85 |
| NMDC | 214.45 | 230 |
| NTPC | 334.65 | 350 |
| NYKAA | 160.85 | 160 |
| OBEROIRLTY | 2322.65 | 2300 |
| OFSS | 12279.6 | 12250 |
| OIL | 427.05 | 440 |
| ONGC | 240.25 | 250 |
| PAGEIND | 47083.35 | 48000 |
| PAYTM | 1002.35 | 980 |
| PEL | 1098.45 | 1100 |
| PERSISTENT | 6395.8 | 6300 |
| PETRONET | 344.75 | 340 |
| PFC | 463.25 | 470 |
| PIDILITIND | 2932.45 | 3000 |
| PIIND | 3746 | 3800 |
| PNB | 102.16 | 105 |
| POLICYBZR | 2037.2 | 2050 |
| POLYCAB | 7144.6 | 7200 |
| POONAWALLA | 320.45 | 320 |
| POWERGRID | 310.3 | 320 |
| PRESTIGE | 1751.8 | 1750 |
| PVRINOX | 1336.85 | 1380 |
| RAMCOCEM | 976.55 | 1000 |
| RBLBANK | 162.41 | 160 |
| RECLTD | 519.1 | 520 |
| RELIANCE | 1216.55 | 1270 |
| SAIL | 117.59 | 125 |
| SBICARD | 679.2 | 700 |
| SBILIFE | 1409.05 | 1420 |
| SBIN | 812.45 | 830 |
| SHREECEM | 26342.7 | 26000 |
| SHRIRAMFIN | 2926.9 | 3000 |
| SIEMENS | 6705.55 | 6800 |
| SJVN | 108.87 | 115 |
| SONACOMS | 593.55 | 600 |
| SRF | 2262.15 | 2300 |
| SUNPHARMA | 1841.35 | 1820 |
| SUNTV | 686.45 | 720 |
| SUPREMEIND | 4756.55 | 5000 |
| SYNGENE | 846.6 | 850 |
| TATACHEM | 1057.65 | 1080 |
| TATACOMM | 1733.35 | 1760 |
| TATACONSUM | 900.95 | 920 |
| TATAELXSI | 6896.2 | 7000 |
| TATAMOTORS | 740.8 | 760 |
| TATAPOWER | 404.3 | 420 |
| TATASTEEL | 140.36 | 147.5 |
| TCS | 4169.1 | 4250 |
| TECHM | 1698.7 | 1720 |
| TIINDIA | 3636.9 | 3600 |
| TITAN | 3323.05 | 3400 |
| TORNTPHARM | 3421.35 | 3400 |
| TRENT | 7063.7 | 7000 |
| TVSMOTOR | 2438.55 | 2500 |
| UBL | 2015.1 | 2000 |
| ULTRACEMCO | 11460.65 | 11500 |
| UNIONBANK | 119.05 | 120 |
| UNITDSPR | 1566.95 | 1560 |
| UPL | 499.65 | 520 |
| VBL | 624.1 | 630 |
| VEDL | 460.45 | 480 |
| VOLTAS | 1711.3 | 1740 |
| WIPRO | 305.05 | 300 |
| YESBANK | 19.8 | 20 |
| ZOMATO | 273.2 | 250 |
| ZYDUSLIFE | 957.65 | 1000 |
Note:
| Stock LTP > Max Pain | Bearish Trend |
| Stock LTP < Max Pain | Bullish Trend |
What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- Find the highest value strike price. This price is equivalent to max pain price.
How can a trader benefit?
As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. Call writers sell shares to drive share price down and Put holders buy shares to drive share price up. The max pain strike price exists somewhere in the middle.
