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ABCAPITAL
Aditya Birla Capital Ltd.

183.77 -0.99 (-0.54%)

Max pain for ABCAPITAL

21 Nov 2024 02:13 PM IST

Max Pain for ABCAPITAL is 200  



Strike  160  has a total call value of 0  versus a total put value of  67,525,650,000 Combined total value = 67,525,650,000

Strike  162.5  has a total call value of 0  versus a total put value of  62,884,350,000 Combined total value = 62,884,350,000

Strike  165  has a total call value of 0  versus a total put value of  58,243,050,000 Combined total value = 58,243,050,000

Strike  167.5  has a total call value of 0  versus a total put value of  53,608,500,000 Combined total value = 53,608,500,000

Strike  170  has a total call value of 0  versus a total put value of  48,978,675,000 Combined total value = 48,978,675,000

Strike  172.5  has a total call value of 14,850,000  versus a total put value of  44,550,000,000 Combined total value = 44,564,850,000

Strike  175  has a total call value of 29,700,000  versus a total put value of  40,143,600,000 Combined total value = 40,173,300,000

Strike  177.5  has a total call value of 49,950,000  versus a total put value of  35,832,375,000 Combined total value = 35,882,325,000

Strike  180  has a total call value of 71,550,000  versus a total put value of  31,643,325,000 Combined total value = 31,714,875,000

Strike  182.5  has a total call value of 272,700,000  versus a total put value of  27,938,925,000 Combined total value = 28,211,625,000

Strike  185  has a total call value of 521,100,000  versus a total put value of  24,280,425,000 Combined total value = 24,801,525,000

Strike  187.5  has a total call value of 997,650,000  versus a total put value of  21,154,500,000 Combined total value = 22,152,150,000

Strike  190  has a total call value of 1,596,375,000  versus a total put value of  18,153,450,000 Combined total value = 19,749,825,000

Strike  192.5  has a total call value of 2,704,050,000  versus a total put value of  15,643,125,000 Combined total value = 18,347,175,000

Strike  195  has a total call value of 3,927,825,000  versus a total put value of  13,171,275,000 Combined total value = 17,099,100,000

Strike  197.5  has a total call value of 5,423,625,000  versus a total put value of  10,893,825,000 Combined total value = 16,317,450,000

Strike  200  has a total call value of 6,994,350,000  versus a total put value of  8,690,625,000 Combined total value = 15,684,975,000

Strike  202.5  has a total call value of 9,356,850,000  versus a total put value of  7,204,950,000 Combined total value = 16,561,800,000

Strike  205  has a total call value of 11,894,850,000  versus a total put value of  5,838,750,000 Combined total value = 17,733,600,000

Strike  207.5  has a total call value of 15,324,525,000  versus a total put value of  4,741,200,000 Combined total value = 20,065,725,000

Strike  210  has a total call value of 18,882,450,000  versus a total put value of  3,643,650,000 Combined total value = 22,526,100,000

Strike  212.5  has a total call value of 23,388,750,000  versus a total put value of  2,928,150,000 Combined total value = 26,316,900,000

Strike  215  has a total call value of 27,953,100,000  versus a total put value of  2,212,650,000 Combined total value = 30,165,750,000

Strike  217.5  has a total call value of 32,995,350,000  versus a total put value of  1,680,075,000 Combined total value = 34,675,425,000

Strike  220  has a total call value of 38,130,750,000  versus a total put value of  1,147,500,000 Combined total value = 39,278,250,000

Strike  222.5  has a total call value of 44,421,075,000  versus a total put value of  907,200,000 Combined total value = 45,328,275,000

Strike  225  has a total call value of 50,746,500,000  versus a total put value of  666,900,000 Combined total value = 51,413,400,000

Strike  227.5  has a total call value of 57,325,725,000  versus a total put value of  426,600,000 Combined total value = 57,752,325,000

Strike  230  has a total call value of 63,933,300,000  versus a total put value of  186,300,000 Combined total value = 64,119,600,000

Strike  232.5  has a total call value of 71,152,425,000  versus a total put value of  139,725,000 Combined total value = 71,292,150,000

Strike  235  has a total call value of 78,371,550,000  versus a total put value of  93,150,000 Combined total value = 78,464,700,000

Strike  237.5  has a total call value of 85,709,475,000  versus a total put value of  46,575,000 Combined total value = 85,756,050,000

Strike  240  has a total call value of 93,047,400,000  versus a total put value of  0 Combined total value = 93,047,400,000

Strike  242.5  has a total call value of 100,666,800,000  versus a total put value of  0 Combined total value = 100,666,800,000

Strike  245  has a total call value of 108,286,200,000  versus a total put value of  0 Combined total value = 108,286,200,000

Strike  247.5  has a total call value of 115,942,725,000  versus a total put value of  0 Combined total value = 115,942,725,000

Strike  250  has a total call value of 123,599,250,000  versus a total put value of  0 Combined total value = 123,599,250,000

Strike  252.5  has a total call value of 131,507,550,000  versus a total put value of  0 Combined total value = 131,507,550,000

Strike  255  has a total call value of 139,415,850,000  versus a total put value of  0 Combined total value = 139,415,850,000

Strike  257.5  has a total call value of 147,324,150,000  versus a total put value of  0 Combined total value = 147,324,150,000

Strike  260  has a total call value of 155,232,450,000  versus a total put value of  0 Combined total value = 155,232,450,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 425.85 470
ABB 6757.9 7000
ABBOTINDIA 26994.4 28000
ABCAPITAL 183.77 200
ABFRL 285.3 300
ACC 2037.85 2220
ADANIENT 2287 2640
ADANIPORTS 1135.35 1200
ALKEM 5578.65 5500
AMBUJACEM 496.15 540
APOLLOHOSP 6723.65 6900
APOLLOTYRE 484.65 480
ASHOKLEY 217.58 220
ASIANPAINT 2428.55 2540
ASTRAL 1713.75 1780
ATUL 7251.5 7500
AUBANK 593.55 590
AUROPHARMA 1219.8 1300
AXISBANK 1141.1 1150
BAJAJ-AUTO 9492 9700
BAJAJFINSV 1572.75 1620
BAJFINANCE 6475 6700
BALKRISIND 2741.8 2800
BANDHANBNK 166.49 177.5
BANKBARODA 229.8 240
BATAINDIA 1281.25 1310
BEL 275 285
BERGEPAINT 466.65 495
BHARATFORG 1298.2 1340
BHARTIARTL 1521.75 1540
BHEL 228.05 235
BIOCON 324.8 330
BOSCHLTD 34086 34000
BPCL 282.35 300
BRITANNIA 4772 5000
BSOFT 545.4 560
CANBK 94.86 100
CANFINHOME 823.6 830
CHAMBLFERT 459.95 480
CHOLAFIN 1210.35 1240
CIPLA 1459 1520
COALINDIA 405.7 425
COFORGE 8213.2 8000
COLPAL 2687.1 2800
CONCOR 769 810
COROMANDEL 1778 1720
CROMPTON 381.65 390
CUB 170.39 175
CUMMINSIND 3292 3400
DABUR 504.55 525
DALBHARAT 1778.45 1760
DEEPAKNTR 2624.15 2650
DIVISLAB 5956.85 5900
DIXON 15023.1 14750
DLF 777.35 780
DRREDDY 1193.3 1220
EICHERMOT 4905 4900
ESCORTS 3459.05 3600
EXIDEIND 416.4 440
FEDERALBNK 210.7 205
GAIL 188.82 197.5
GLENMARK 1466.4 1520
GMRINFRA 77.04 82
GNFC 556.9 570
GODREJCP 1180.2 1200
GODREJPROP 2712.45 2750
GRANULES 546.6 580
GRASIM 2542.95 2540
GUJGASLTD 454 480
HAL 3994 4200
HAVELLS 1632.05 1640
HCLTECH 1833 1820
HDFCAMC 4206 4300
HDFCBANK 1742.6 1740
HDFCLIFE 674.55 680
HEROMOTOCO 4756.3 4800
HINDALCO 645.7 650
HINDCOPPER 263.4 290
HINDPETRO 360.3 375
HINDUNILVR 2380 2480
ICICIBANK 1252.15 1260
ICICIGI 1818.05 1880
ICICIPRULI 679.95 690
IDEA 6.98 8
IDFCFIRSTB 63.18 66
IEX 161.37 170
IGL 311.85 330
INDHOTEL 791.25 760
INDIAMART 2251 2400
INDIGO 4063.25 4000
INDUSINDBK 974.2 1040
INDUSTOWER 330.35 340
INFY 1829.85 1800
IOC 131.12 140
IPCALAB 1569.15 1560
IRCTC 796.95 820
ITC 455.75 475
JINDALSTEL 874.5 900
JKCEMENT 4010.3 4000
JSWSTEEL 943.5 960
JUBLFOOD 610.95 620
KOTAKBANK 1735.45 1760
LALPATHLAB 3023.5 3100
LAURUSLABS 488.9 490
LICHSGFIN 611.7 630
LT 3493.55 3600
LTF 138.06 140
LTIM 5920.3 5900
LTTS 5179.35 5150
LUPIN 2040.95 2100
M&M 2943.3 2900
M&MFIN 257.15 265
MANAPPURAM 150.94 155
MARICO 590.4 600
MARUTI 10910.9 11000
MCX 6186.9 6200
METROPOLIS 2010.95 2060
MFSL 1176.9 1200
MGL 1118.1 1160
MOTHERSON 161.84 175
MPHASIS 2777.1 2850
MRF 123168.8 122500
MUTHOOTFIN 1908 1880
NATIONALUM 248.74 240
NAUKRI 7543.3 7700
NAVINFLUOR 3267.15 3400
NESTLEIND 2205.65 2280
NMDC 218.51 225
NTPC 356.55 370
OBEROIRLTY 1934.5 1960
OFSS 11141.8 11500
ONGC 242.15 250
PAGEIND 44595.25 45500
PEL 1052.75 1060
PERSISTENT 5733.3 5600
PETRONET 320.8 328
PFC 452.8 460
PIDILITIND 2943.35 3060
PIIND 4130.3 4200
PNB 96.84 102
POLYCAB 6425.8 6500
POWERGRID 322.15 320
PVRINOX 1445.05 1500
RAMCOCEM 916.85 900
RBLBANK 157.76 160
RECLTD 490.3 510
RELIANCE 1220.2 1290
SAIL 111.17 115
SBICARD 674 690
SBILIFE 1483.4 1520
SBIN 781 800
SHREECEM 24251.3 24500
SHRIRAMFIN 2803.15 2900
SIEMENS 6685 6800
SRF 2155.55 2260
SUNPHARMA 1764.5 1800
SUNTV 728.45 730
SYNGENE 844.5 870
TATACHEM 1056.95 1100
TATACOMM 1711.45 1780
TATACONSUM 911.65 950
TATAMOTORS 777.9 800
TATAPOWER 410.35 420
TATASTEEL 140.4 145
TCS 4056.85 4100
TECHM 1698.5 1680
TITAN 3165.75 3200
TORNTPHARM 3096.85 3150
TRENT 6460.55 6600
TVSMOTOR 2399 2450
UBL 1820.95 1880
ULTRACEMCO 10928.25 11000
UNITDSPR 1491.15 1480
UPL 563.5 540
VEDL 442.75 460
VOLTAS 1672.4 1700
WIPRO 557 560
ZYDUSLIFE 941.75 960

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.