ACC
Acc Limited
Max pain for ACC
21 Nov 2024 04:13 PM IST
Max Pain for ACC is 2220
Strike 1560 has a total call value of 0 versus a total put value of 153,766,800,000 Combined total value = 153,766,800,000
Strike 1580 has a total call value of 0 versus a total put value of 147,964,200,000 Combined total value = 147,964,200,000
Strike 1600 has a total call value of 0 versus a total put value of 142,161,600,000 Combined total value = 142,161,600,000
Strike 1620 has a total call value of 0 versus a total put value of 136,519,800,000 Combined total value = 136,519,800,000
Strike 1640 has a total call value of 0 versus a total put value of 130,878,000,000 Combined total value = 130,878,000,000
Strike 1660 has a total call value of 0 versus a total put value of 125,236,800,000 Combined total value = 125,236,800,000
Strike 1680 has a total call value of 0 versus a total put value of 119,624,400,000 Combined total value = 119,624,400,000
Strike 1700 has a total call value of 0 versus a total put value of 114,012,600,000 Combined total value = 114,012,600,000
Strike 1720 has a total call value of 0 versus a total put value of 108,738,600,000 Combined total value = 108,738,600,000
Strike 1740 has a total call value of 0 versus a total put value of 103,477,800,000 Combined total value = 103,477,800,000
Strike 1760 has a total call value of 0 versus a total put value of 98,256,000,000 Combined total value = 98,256,000,000
Strike 1780 has a total call value of 0 versus a total put value of 93,108,000,000 Combined total value = 93,108,000,000
Strike 1800 has a total call value of 0 versus a total put value of 87,967,200,000 Combined total value = 87,967,200,000
Strike 1820 has a total call value of 8,400,000 versus a total put value of 83,110,800,000 Combined total value = 83,119,200,000
Strike 1840 has a total call value of 19,800,000 versus a total put value of 78,264,600,000 Combined total value = 78,284,400,000
Strike 1860 has a total call value of 44,400,000 versus a total put value of 73,730,400,000 Combined total value = 73,774,800,000
Strike 1880 has a total call value of 83,400,000 versus a total put value of 69,205,200,000 Combined total value = 69,288,600,000
Strike 1900 has a total call value of 151,800,000 versus a total put value of 64,934,400,000 Combined total value = 65,086,200,000
Strike 1920 has a total call value of 367,800,000 versus a total put value of 61,000,200,000 Combined total value = 61,368,000,000
Strike 1940 has a total call value of 613,200,000 versus a total put value of 57,313,200,000 Combined total value = 57,926,400,000
Strike 1960 has a total call value of 907,800,000 versus a total put value of 53,700,600,000 Combined total value = 54,608,400,000
Strike 1980 has a total call value of 1,295,400,000 versus a total put value of 50,176,800,000 Combined total value = 51,472,200,000
Strike 2000 has a total call value of 1,745,400,000 versus a total put value of 46,726,200,000 Combined total value = 48,471,600,000
Strike 2020 has a total call value of 2,506,800,000 versus a total put value of 43,835,400,000 Combined total value = 46,342,200,000
Strike 2040 has a total call value of 3,334,800,000 versus a total put value of 40,995,000,000 Combined total value = 44,329,800,000
Strike 2060 has a total call value of 4,234,800,000 versus a total put value of 38,217,600,000 Combined total value = 42,452,400,000
Strike 2080 has a total call value of 5,206,200,000 versus a total put value of 35,476,800,000 Combined total value = 40,683,000,000
Strike 2100 has a total call value of 6,300,600,000 versus a total put value of 32,771,400,000 Combined total value = 39,072,000,000
Strike 2120 has a total call value of 7,796,400,000 versus a total put value of 30,214,200,000 Combined total value = 38,010,600,000
Strike 2140 has a total call value of 9,329,400,000 versus a total put value of 27,679,800,000 Combined total value = 37,009,200,000
Strike 2160 has a total call value of 10,993,200,000 versus a total put value of 25,170,000,000 Combined total value = 36,163,200,000
Strike 2180 has a total call value of 12,738,000,000 versus a total put value of 22,703,400,000 Combined total value = 35,441,400,000
Strike 2200 has a total call value of 14,592,600,000 versus a total put value of 20,277,000,000 Combined total value = 34,869,600,000
Strike 2220 has a total call value of 16,871,400,000 versus a total put value of 17,992,200,000 Combined total value = 34,863,600,000
Strike 2240 has a total call value of 19,308,600,000 versus a total put value of 15,762,000,000 Combined total value = 35,070,600,000
Strike 2260 has a total call value of 21,842,400,000 versus a total put value of 13,590,600,000 Combined total value = 35,433,000,000
Strike 2280 has a total call value of 24,639,000,000 versus a total put value of 11,493,600,000 Combined total value = 36,132,600,000
Strike 2300 has a total call value of 27,522,600,000 versus a total put value of 9,452,400,000 Combined total value = 36,975,000,000
Strike 2320 has a total call value of 30,955,200,000 versus a total put value of 7,747,800,000 Combined total value = 38,703,000,000
Strike 2340 has a total call value of 34,534,800,000 versus a total put value of 6,126,600,000 Combined total value = 40,661,400,000
Strike 2360 has a total call value of 38,233,200,000 versus a total put value of 4,639,800,000 Combined total value = 42,873,000,000
Strike 2380 has a total call value of 42,091,200,000 versus a total put value of 3,236,400,000 Combined total value = 45,327,600,000
Strike 2400 has a total call value of 46,027,800,000 versus a total put value of 1,833,000,000 Combined total value = 47,860,800,000
Strike 2420 has a total call value of 50,754,600,000 versus a total put value of 1,561,800,000 Combined total value = 52,316,400,000
Strike 2440 has a total call value of 55,536,000,000 versus a total put value of 1,290,600,000 Combined total value = 56,826,600,000
Strike 2460 has a total call value of 60,375,600,000 versus a total put value of 1,019,400,000 Combined total value = 61,395,000,000
Strike 2480 has a total call value of 65,272,200,000 versus a total put value of 748,200,000 Combined total value = 66,020,400,000
Strike 2500 has a total call value of 70,200,600,000 versus a total put value of 477,000,000 Combined total value = 70,677,600,000
Strike 2520 has a total call value of 75,434,400,000 versus a total put value of 387,600,000 Combined total value = 75,822,000,000
Strike 2540 has a total call value of 80,700,600,000 versus a total put value of 298,200,000 Combined total value = 80,998,800,000
Strike 2560 has a total call value of 86,005,800,000 versus a total put value of 208,800,000 Combined total value = 86,214,600,000
Strike 2580 has a total call value of 91,311,000,000 versus a total put value of 119,400,000 Combined total value = 91,430,400,000
Strike 2600 has a total call value of 96,616,200,000 versus a total put value of 30,000,000 Combined total value = 96,646,200,000
Strike 2620 has a total call value of 102,042,600,000 versus a total put value of 24,600,000 Combined total value = 102,067,200,000
Strike 2640 has a total call value of 107,469,000,000 versus a total put value of 19,200,000 Combined total value = 107,488,200,000
Strike 2660 has a total call value of 112,895,400,000 versus a total put value of 13,800,000 Combined total value = 112,909,200,000
Strike 2680 has a total call value of 118,321,800,000 versus a total put value of 8,400,000 Combined total value = 118,330,200,000
Strike 2700 has a total call value of 123,748,200,000 versus a total put value of 3,000,000 Combined total value = 123,751,200,000
Strike 2720 has a total call value of 129,196,200,000 versus a total put value of 2,400,000 Combined total value = 129,198,600,000
Strike 2740 has a total call value of 134,644,200,000 versus a total put value of 1,800,000 Combined total value = 134,646,000,000
Strike 2760 has a total call value of 140,092,200,000 versus a total put value of 1,200,000 Combined total value = 140,093,400,000
Strike 2780 has a total call value of 145,540,200,000 versus a total put value of 600,000 Combined total value = 145,540,800,000
Strike 2800 has a total call value of 150,988,200,000 versus a total put value of 0 Combined total value = 150,988,200,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 425.6 | 470 |
| ABB | 6760.8 | 7000 |
| ABBOTINDIA | 27114.7 | 28000 |
| ABCAPITAL | 183.01 | 200 |
| ABFRL | 284.4 | 305 |
| ACC | 2027.2 | 2220 |
| ADANIENT | 2183.65 | 2500 |
| ADANIPORTS | 1114.65 | 1200 |
| ALKEM | 5604.75 | 5600 |
| AMBUJACEM | 484.15 | 530 |
| APOLLOHOSP | 6742.5 | 6900 |
| APOLLOTYRE | 481.3 | 480 |
| ASHOKLEY | 218.9 | 220 |
| ASIANPAINT | 2428.15 | 2540 |
| ASTRAL | 1713.9 | 1780 |
| ATUL | 7241.95 | 7500 |
| AUBANK | 593.9 | 590 |
| AUROPHARMA | 1220 | 1300 |
| AXISBANK | 1139.15 | 1150 |
| BAJAJ-AUTO | 9505 | 9700 |
| BAJAJFINSV | 1569.25 | 1620 |
| BAJFINANCE | 6465.65 | 6700 |
| BALKRISIND | 2721.95 | 2800 |
| BANDHANBNK | 165.86 | 180 |
| BANKBARODA | 228.5 | 240 |
| BATAINDIA | 1281.55 | 1310 |
| BEL | 275.45 | 285 |
| BERGEPAINT | 465.5 | 495 |
| BHARATFORG | 1296.2 | 1340 |
| BHARTIARTL | 1525.15 | 1560 |
| BHEL | 227.94 | 235 |
| BIOCON | 323.1 | 330 |
| BOSCHLTD | 34108.7 | 34000 |
| BPCL | 282.4 | 295 |
| BRITANNIA | 4803.35 | 5000 |
| BSOFT | 545.4 | 560 |
| CANBK | 94.46 | 100 |
| CANFINHOME | 822.65 | 830 |
| CHAMBLFERT | 455.4 | 480 |
| CHOLAFIN | 1204.9 | 1260 |
| CIPLA | 1465.5 | 1520 |
| COALINDIA | 406 | 425 |
| COFORGE | 8210.1 | 8000 |
| COLPAL | 2690.3 | 2850 |
| CONCOR | 769.95 | 810 |
| COROMANDEL | 1768 | 1720 |
| CROMPTON | 381.95 | 390 |
| CUB | 170.09 | 175 |
| CUMMINSIND | 3282.25 | 3400 |
| DABUR | 505.75 | 525 |
| DALBHARAT | 1771.6 | 1760 |
| DEEPAKNTR | 2619.2 | 2650 |
| DIVISLAB | 5977.1 | 5900 |
| DIXON | 14995.45 | 14750 |
| DLF | 773.95 | 780 |
| DRREDDY | 1195.35 | 1220 |
| EICHERMOT | 4882.1 | 4900 |
| ESCORTS | 3454.4 | 3600 |
| EXIDEIND | 415.35 | 440 |
| FEDERALBNK | 210.88 | 205 |
| GAIL | 188.3 | 195 |
| GLENMARK | 1466.4 | 1540 |
| GMRINFRA | 76.85 | 82 |
| GNFC | 555.55 | 570 |
| GODREJCP | 1178.7 | 1200 |
| GODREJPROP | 2704.8 | 2750 |
| GRANULES | 544.85 | 570 |
| GRASIM | 2534.85 | 2540 |
| GUJGASLTD | 453.6 | 480 |
| HAL | 3983.45 | 4200 |
| HAVELLS | 1636.1 | 1640 |
| HCLTECH | 1836.35 | 1820 |
| HDFCAMC | 4214.1 | 4300 |
| HDFCBANK | 1741.2 | 1740 |
| HDFCLIFE | 674.4 | 680 |
| HEROMOTOCO | 4767.85 | 4800 |
| HINDALCO | 648.05 | 650 |
| HINDCOPPER | 261.5 | 290 |
| HINDPETRO | 360.1 | 375 |
| HINDUNILVR | 2382.8 | 2480 |
| ICICIBANK | 1250.55 | 1260 |
| ICICIGI | 1804.7 | 1880 |
| ICICIPRULI | 678.55 | 700 |
| IDEA | 6.91 | 8 |
| IDFCFIRSTB | 62.94 | 66 |
| IEX | 161.33 | 170 |
| IGL | 311.4 | 330 |
| INDHOTEL | 786.8 | 760 |
| INDIAMART | 2253.95 | 2350 |
| INDIGO | 4069.8 | 4050 |
| INDUSINDBK | 981.45 | 1040 |
| INDUSTOWER | 329.1 | 340 |
| INFY | 1834.05 | 1800 |
| IOC | 130.71 | 140 |
| IPCALAB | 1573.55 | 1560 |
| IRCTC | 793.85 | 830 |
| ITC | 457.15 | 475 |
| JINDALSTEL | 871.2 | 900 |
| JKCEMENT | 4003 | 4000 |
| JSWSTEEL | 944.15 | 960 |
| JUBLFOOD | 610.2 | 620 |
| KOTAKBANK | 1737.1 | 1760 |
| LALPATHLAB | 3026.1 | 3100 |
| LAURUSLABS | 489.15 | 490 |
| LICHSGFIN | 611.25 | 630 |
| LT | 3483.5 | 3600 |
| LTF | 137.74 | 140 |
| LTIM | 5931.05 | 5900 |
| LTTS | 5165.7 | 5150 |
| LUPIN | 2043 | 2100 |
| M&M | 2936.25 | 2900 |
| M&MFIN | 256.25 | 265 |
| MANAPPURAM | 150.29 | 155 |
| MARICO | 591.05 | 600 |
| MARUTI | 10861.45 | 11000 |
| MCX | 6166.5 | 6200 |
| METROPOLIS | 2015.75 | 2060 |
| MFSL | 1173.5 | 1200 |
| MGL | 1125.35 | 1160 |
| MOTHERSON | 161.84 | 175 |
| MPHASIS | 2786.2 | 2850 |
| MRF | 123509.9 | 122500 |
| MUTHOOTFIN | 1899.55 | 1880 |
| NATIONALUM | 248.21 | 240 |
| NAUKRI | 7515.35 | 7700 |
| NAVINFLUOR | 3262.45 | 3400 |
| NESTLEIND | 2211.2 | 2280 |
| NMDC | 217.63 | 225 |
| NTPC | 356.15 | 370 |
| OBEROIRLTY | 1917.35 | 1960 |
| OFSS | 11141.9 | 11500 |
| ONGC | 242.15 | 250 |
| PAGEIND | 44447.7 | 45500 |
| PEL | 1054.95 | 1060 |
| PERSISTENT | 5725.5 | 5600 |
| PETRONET | 321.85 | 328 |
| PFC | 453.35 | 460 |
| PIDILITIND | 2938.05 | 3060 |
| PIIND | 4138.7 | 4200 |
| PNB | 96.37 | 102 |
| POLYCAB | 6408.35 | 6500 |
| POWERGRID | 325.9 | 320 |
| PVRINOX | 1445.2 | 1480 |
| RAMCOCEM | 914.95 | 900 |
| RBLBANK | 156.23 | 160 |
| RECLTD | 490.95 | 510 |
| RELIANCE | 1223 | 1290 |
| SAIL | 110.59 | 117.5 |
| SBICARD | 675.05 | 690 |
| SBILIFE | 1477.95 | 1520 |
| SBIN | 780.75 | 800 |
| SHREECEM | 24052.85 | 24500 |
| SHRIRAMFIN | 2802.2 | 2900 |
| SIEMENS | 6641.65 | 6800 |
| SRF | 2143.65 | 2260 |
| SUNPHARMA | 1780 | 1800 |
| SUNTV | 728.05 | 730 |
| SYNGENE | 846.9 | 870 |
| TATACHEM | 1045.1 | 1100 |
| TATACOMM | 1711.55 | 1780 |
| TATACONSUM | 911.7 | 950 |
| TATAMOTORS | 773.85 | 800 |
| TATAPOWER | 408.05 | 420 |
| TATASTEEL | 140.22 | 145 |
| TCS | 4072.85 | 4100 |
| TECHM | 1702.25 | 1680 |
| TITAN | 3178.45 | 3200 |
| TORNTPHARM | 3101.95 | 3150 |
| TRENT | 6460.45 | 6600 |
| TVSMOTOR | 2388.45 | 2450 |
| UBL | 1827.95 | 1880 |
| ULTRACEMCO | 10954.85 | 11000 |
| UNITDSPR | 1493.05 | 1480 |
| UPL | 555.75 | 540 |
| VEDL | 442.8 | 460 |
| VOLTAS | 1675.5 | 1700 |
| WIPRO | 557.15 | 560 |
| ZYDUSLIFE | 944.05 | 980 |
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.
