ABB
Abb India Limited
Max pain for ABB
14 Jan 2025 01:51 PM IST
Max Pain for ABB is 6600
Strike 5400 has a total call value of 0 versus a total put value of 57,552,500,000 Combined total value = 57,552,500,000
Strike 5500 has a total call value of 0 versus a total put value of 51,846,250,000 Combined total value = 51,846,250,000
Strike 5600 has a total call value of 0 versus a total put value of 46,140,000,000 Combined total value = 46,140,000,000
Strike 5700 has a total call value of 0 versus a total put value of 40,711,250,000 Combined total value = 40,711,250,000
Strike 5800 has a total call value of 0 versus a total put value of 35,433,750,000 Combined total value = 35,433,750,000
Strike 5900 has a total call value of 0 versus a total put value of 30,517,500,000 Combined total value = 30,517,500,000
Strike 6000 has a total call value of 0 versus a total put value of 25,773,750,000 Combined total value = 25,773,750,000
Strike 6100 has a total call value of 70,000,000 versus a total put value of 22,083,750,000 Combined total value = 22,153,750,000
Strike 6200 has a total call value of 236,250,000 versus a total put value of 18,588,750,000 Combined total value = 18,825,000,000
Strike 6300 has a total call value of 773,750,000 versus a total put value of 15,608,750,000 Combined total value = 16,382,500,000
Strike 6400 has a total call value of 1,686,250,000 versus a total put value of 12,856,250,000 Combined total value = 14,542,500,000
Strike 6500 has a total call value of 3,102,500,000 versus a total put value of 10,418,750,000 Combined total value = 13,521,250,000
Strike 6600 has a total call value of 5,161,250,000 versus a total put value of 8,266,250,000 Combined total value = 13,427,500,000
Strike 6700 has a total call value of 7,867,500,000 versus a total put value of 6,471,250,000 Combined total value = 14,338,750,000
Strike 6800 has a total call value of 11,356,250,000 versus a total put value of 4,966,250,000 Combined total value = 16,322,500,000
Strike 6900 has a total call value of 16,003,750,000 versus a total put value of 3,763,750,000 Combined total value = 19,767,500,000
Strike 7000 has a total call value of 21,610,000,000 versus a total put value of 2,758,750,000 Combined total value = 24,368,750,000
Strike 7100 has a total call value of 29,070,000,000 versus a total put value of 2,098,750,000 Combined total value = 31,168,750,000
Strike 7200 has a total call value of 37,102,500,000 versus a total put value of 1,506,250,000 Combined total value = 38,608,750,000
Strike 7300 has a total call value of 45,988,750,000 versus a total put value of 1,043,750,000 Combined total value = 47,032,500,000
Strike 7400 has a total call value of 55,221,250,000 versus a total put value of 581,250,000 Combined total value = 55,802,500,000
Strike 7500 has a total call value of 65,141,250,000 versus a total put value of 350,000,000 Combined total value = 65,491,250,000
Strike 7600 has a total call value of 76,280,000,000 versus a total put value of 280,000,000 Combined total value = 76,560,000,000
Strike 7700 has a total call value of 87,693,750,000 versus a total put value of 210,000,000 Combined total value = 87,903,750,000
Strike 7800 has a total call value of 99,417,500,000 versus a total put value of 140,000,000 Combined total value = 99,557,500,000
Strike 7900 has a total call value of 111,560,000,000 versus a total put value of 70,000,000 Combined total value = 111,630,000,000
Strike 8000 has a total call value of 124,086,250,000 versus a total put value of 0 Combined total value = 124,086,250,000
Strike 8100 has a total call value of 138,950,000,000 versus a total put value of 0 Combined total value = 138,950,000,000
Strike 8200 has a total call value of 153,813,750,000 versus a total put value of 0 Combined total value = 153,813,750,000
Strike 8300 has a total call value of 169,087,500,000 versus a total put value of 0 Combined total value = 169,087,500,000
Strike 8400 has a total call value of 184,361,250,000 versus a total put value of 0 Combined total value = 184,361,250,000
Strike 8500 has a total call value of 199,635,000,000 versus a total put value of 0 Combined total value = 199,635,000,000
Strike 8600 has a total call value of 215,130,000,000 versus a total put value of 0 Combined total value = 215,130,000,000
Strike 8700 has a total call value of 230,625,000,000 versus a total put value of 0 Combined total value = 230,625,000,000
Strike 8800 has a total call value of 246,120,000,000 versus a total put value of 0 Combined total value = 246,120,000,000
Strike 8900 has a total call value of 261,615,000,000 versus a total put value of 0 Combined total value = 261,615,000,000
Strike 9000 has a total call value of 277,110,000,000 versus a total put value of 0 Combined total value = 277,110,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 408.65 | 420 |
| ABB | 6121.85 | 6600 |
| ABBOTINDIA | 28234.5 | 29000 |
| ABCAPITAL | 173.43 | 182.5 |
| ABFRL | 270.2 | 280 |
| ACC | 1933.7 | 2060 |
| ADANIENSOL | 777.85 | 780 |
| ADANIENT | 2373.3 | 2500 |
| ADANIGREEN | 1005.5 | 1000 |
| ADANIPORTS | 1123.5 | 1180 |
| ALKEM | 5270.25 | 5450 |
| AMBUJACEM | 512.4 | 550 |
| ANGELONE | 2367.55 | 2500 |
| APLAPOLLO | 1469.5 | 1500 |
| APOLLOHOSP | 6693.65 | 7100 |
| APOLLOTYRE | 452 | 470 |
| ASHOKLEY | 209.7 | 220 |
| ASIANPAINT | 2247.7 | 2300 |
| ASTRAL | 1490.95 | 1600 |
| ATGL | 672.5 | 680 |
| ATUL | 6722.1 | 6700 |
| AUBANK | 574.55 | 565 |
| AUROPHARMA | 1171.85 | 1220 |
| AXISBANK | 1052.95 | 1080 |
| BAJAJ-AUTO | 8567.7 | 8900 |
| BAJAJFINSV | 1708.1 | 1640 |
| BAJFINANCE | 7364 | 7200 |
| BALKRISIND | 2701.85 | 2800 |
| BANDHANBNK | 144.99 | 160 |
| BANKBARODA | 222.35 | 240 |
| BANKINDIA | 93.14 | 98 |
| BATAINDIA | 1342 | 1380 |
| BEL | 267.55 | 280 |
| BERGEPAINT | 462.75 | 460 |
| BHARATFORG | 1193.55 | 1260 |
| BHARTIARTL | 1582.05 | 1600 |
| BHEL | 195.53 | 220 |
| BIOCON | 389.25 | 375 |
| BOSCHLTD | 31536.35 | 33000 |
| BPCL | 269.6 | 280 |
| BRITANNIA | 4876.5 | 4850 |
| BSE | 5437.5 | 5300 |
| BSOFT | 530.25 | 560 |
| CAMS | 4242.55 | 4700 |
| CANBK | 92.43 | 98 |
| CANFINHOME | 665.85 | 700 |
| CDSL | 1563.05 | 1700 |
| CESC | 152.69 | 160 |
| CGPOWER | 620.3 | 660 |
| CHAMBLFERT | 471.2 | 490 |
| CHOLAFIN | 1265.8 | 1260 |
| CIPLA | 1443.95 | 1500 |
| COALINDIA | 368.1 | 385 |
| COFORGE | 8555.65 | 9100 |
| COLPAL | 2705.45 | 2800 |
| CONCOR | 757.7 | 780 |
| COROMANDEL | 1817.15 | 1880 |
| CROMPTON | 358.15 | 370 |
| CUB | 166.36 | 170 |
| CUMMINSIND | 2919.5 | 3150 |
| CYIENT | 1684.7 | 1720 |
| DABUR | 511.9 | 515 |
| DALBHARAT | 1725.6 | 1740 |
| DEEPAKNTR | 2332.05 | 2500 |
| DELHIVERY | 324.95 | 335 |
| DIVISLAB | 5965.05 | 5900 |
| DIXON | 16125.05 | 17000 |
| DLF | 720.95 | 770 |
| DMART | 3459 | 3700 |
| DRREDDY | 1333.85 | 1350 |
| EICHERMOT | 5021.35 | 5000 |
| ESCORTS | 3446.85 | 3300 |
| EXIDEIND | 380.35 | 410 |
| FEDERALBNK | 192.28 | 197.5 |
| GAIL | 175.3 | 190 |
| GLENMARK | 1512.4 | 1560 |
| GMRAIRPORT | 71.28 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 534 | 550 |
| GODREJCP | 1138.25 | 1140 |
| GODREJPROP | 2282.95 | 2500 |
| GRANULES | 585.15 | 590 |
| GRASIM | 2301.1 | 2480 |
| GUJGASLTD | 486.55 | 490 |
| HAL | 3825 | 4150 |
| HAVELLS | 1540 | 1600 |
| HCLTECH | 1820.95 | 1840 |
| HDFCAMC | 3920.2 | 3950 |
| HDFCBANK | 1646.15 | 1700 |
| HDFCLIFE | 597.8 | 620 |
| HEROMOTOCO | 4102.35 | 4200 |
| HFCL | 97.05 | 105 |
| HINDALCO | 586.5 | 600 |
| HINDCOPPER | 222.7 | 250 |
| HINDPETRO | 370.2 | 390 |
| HINDUNILVR | 2381 | 2400 |
| HUDCO | 211.28 | 220 |
| ICICIBANK | 1237.4 | 1270 |
| ICICIGI | 1829.05 | 1860 |
| ICICIPRULI | 638 | 650 |
| IDEA | 8.1 | 8 |
| IDFCFIRSTB | 61.67 | 63 |
| IEX | 166.26 | 175 |
| IGL | 410.45 | 410 |
| INDHOTEL | 769.6 | 800 |
| INDIAMART | 2241.15 | 2300 |
| INDIANB | 499.85 | 520 |
| INDIGO | 3988 | 4300 |
| INDUSINDBK | 961.65 | 980 |
| INDUSTOWER | 338.25 | 340 |
| INFY | 1935.05 | 1940 |
| IOC | 125.77 | 135 |
| IPCALAB | 1587.2 | 1640 |
| IRB | 50.72 | 55 |
| IRCTC | 758.6 | 790 |
| IRFC | 134.49 | 137.5 |
| ITC | 437 | 445 |
| JINDALSTEL | 914.7 | 940 |
| JIOFIN | 271.15 | 285 |
| JKCEMENT | 4367.85 | 4500 |
| JSL | 627.8 | 630 |
| JSWENERGY | 547.35 | 570 |
| JSWSTEEL | 904.3 | 920 |
| JUBLFOOD | 706.75 | 730 |
| KALYANKJIL | 592.1 | 640 |
| KEI | 4010 | 4200 |
| KOTAKBANK | 1749.4 | 1800 |
| KPITTECH | 1323.55 | 1400 |
| LALPATHLAB | 2805.55 | 2950 |
| LAURUSLABS | 565.05 | 590 |
| LICHSGFIN | 549.65 | 580 |
| LICI | 816.55 | 860 |
| LODHA | 1140.5 | 1240 |
| LT | 3464.2 | 3600 |
| LTF | 133.15 | 140 |
| LTIM | 5759.65 | 5850 |
| LTTS | 4706 | 4800 |
| LUPIN | 2157.9 | 2240 |
| M&M | 3064.9 | 3100 |
| M&MFIN | 265.15 | 270 |
| MANAPPURAM | 177.05 | 190 |
| MARICO | 658.65 | 660 |
| MARUTI | 11760.5 | 11600 |
| MAXHEALTH | 1070.2 | 1140 |
| MCX | 5671.05 | 6000 |
| METROPOLIS | 1864.9 | 2000 |
| MFSL | 1045.7 | 1100 |
| MGL | 1272.65 | 1280 |
| MOTHERSON | 145.2 | 155 |
| MPHASIS | 2771.35 | 2900 |
| MRF | 114083.6 | 119000 |
| MUTHOOTFIN | 2126.8 | 2140 |
| NATIONALUM | 197.5 | 210 |
| NAUKRI | 7406.15 | 8000 |
| NAVINFLUOR | 3585.75 | 3650 |
| NCC | 244.7 | 260 |
| NESTLEIND | 2215.55 | 2200 |
| NHPC | 76.05 | 78 |
| NMDC | 62.93 | 67 |
| NTPC | 309.15 | 320 |
| NYKAA | 163.99 | 167.5 |
| OBEROIRLTY | 1981.9 | 2140 |
| OFSS | 10685.25 | 11500 |
| OIL | 466.75 | 460 |
| ONGC | 259.33 | 257.5 |
| PAGEIND | 46340.25 | 47000 |
| PAYTM | 819.8 | 880 |
| PEL | 1018.35 | 1080 |
| PERSISTENT | 5875.25 | 6200 |
| PETRONET | 324 | 335 |
| PFC | 414.6 | 440 |
| PIDILITIND | 2808.9 | 2900 |
| PIIND | 3467.4 | 3600 |
| PNB | 97.55 | 101 |
| POLICYBZR | 1733.3 | 1900 |
| POLYCAB | 6403 | 6700 |
| POONAWALLA | 308.7 | 315 |
| POWERGRID | 291 | 305 |
| PRESTIGE | 1424.5 | 1550 |
| PVRINOX | 1083.85 | 1180 |
| RAMCOCEM | 885.2 | 930 |
| RBLBANK | 152.3 | 160 |
| RECLTD | 474.65 | 500 |
| RELIANCE | 1233.25 | 1250 |
| SAIL | 105.59 | 110 |
| SBICARD | 730.7 | 730 |
| SBILIFE | 1496.9 | 1440 |
| SBIN | 751.45 | 780 |
| SHREECEM | 25029.45 | 25750 |
| SHRIRAMFIN | 538.2 | 570 |
| SIEMENS | 5819 | 6300 |
| SJVN | 93.47 | 100 |
| SONACOMS | 564.45 | 580 |
| SRF | 2508.9 | 2560 |
| SUNPHARMA | 1775.6 | 1820 |
| SUNTV | 656 | 670 |
| SUPREMEIND | 4371.35 | 4500 |
| SYNGENE | 825.4 | 850 |
| TATACHEM | 967.3 | 1020 |
| TATACOMM | 1669 | 1740 |
| TATACONSUM | 964.4 | 950 |
| TATAELXSI | 6049 | 6200 |
| TATAMOTORS | 775.2 | 780 |
| TATAPOWER | 354.45 | 380 |
| TATASTEEL | 127.4 | 135 |
| TCS | 4230.1 | 4200 |
| TECHM | 1661.15 | 1680 |
| TIINDIA | 3295.55 | 3550 |
| TITAN | 3329.3 | 3400 |
| TORNTPHARM | 3248.25 | 3350 |
| TRENT | 6149.3 | 6700 |
| TVSMOTOR | 2230.1 | 2300 |
| UBL | 1965 | 2000 |
| ULTRACEMCO | 10523.5 | 11100 |
| UNIONBANK | 102.82 | 110 |
| UNITDSPR | 1413 | 1500 |
| UPL | 539.8 | 530 |
| VBL | 563.55 | 600 |
| VEDL | 430.4 | 450 |
| VOLTAS | 1634.35 | 1720 |
| WIPRO | 292.75 | 295 |
| YESBANK | 17.76 | 19 |
| ZOMATO | 234.95 | 250 |
| ZYDUSLIFE | 994.3 | 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.
