ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
12 May 2025 10:21 AM IST
Max Pain for ADANIENT is 2460
Strike 1800 has a total call value of 0 versus a total put value of 426,022,200,000 Combined total value = 426,022,200,000
Strike 1820 has a total call value of 0 versus a total put value of 412,016,400,000 Combined total value = 412,016,400,000
Strike 1840 has a total call value of 0 versus a total put value of 398,010,600,000 Combined total value = 398,010,600,000
Strike 1860 has a total call value of 0 versus a total put value of 384,004,800,000 Combined total value = 384,004,800,000
Strike 1880 has a total call value of 0 versus a total put value of 369,999,000,000 Combined total value = 369,999,000,000
Strike 1900 has a total call value of 0 versus a total put value of 356,007,000,000 Combined total value = 356,007,000,000
Strike 1920 has a total call value of 0 versus a total put value of 342,142,800,000 Combined total value = 342,142,800,000
Strike 1940 has a total call value of 0 versus a total put value of 328,305,000,000 Combined total value = 328,305,000,000
Strike 1960 has a total call value of 0 versus a total put value of 314,485,200,000 Combined total value = 314,485,200,000
Strike 1980 has a total call value of 0 versus a total put value of 300,734,400,000 Combined total value = 300,734,400,000
Strike 2000 has a total call value of 0 versus a total put value of 287,076,000,000 Combined total value = 287,076,000,000
Strike 2020 has a total call value of 29,400,000 versus a total put value of 273,880,200,000 Combined total value = 273,909,600,000
Strike 2040 has a total call value of 58,800,000 versus a total put value of 260,704,200,000 Combined total value = 260,763,000,000
Strike 2060 has a total call value of 88,200,000 versus a total put value of 247,582,800,000 Combined total value = 247,671,000,000
Strike 2080 has a total call value of 117,600,000 versus a total put value of 234,537,000,000 Combined total value = 234,654,600,000
Strike 2100 has a total call value of 147,000,000 versus a total put value of 221,491,200,000 Combined total value = 221,638,200,000
Strike 2120 has a total call value of 238,800,000 versus a total put value of 208,942,200,000 Combined total value = 209,181,000,000
Strike 2140 has a total call value of 330,600,000 versus a total put value of 196,430,400,000 Combined total value = 196,761,000,000
Strike 2160 has a total call value of 422,400,000 versus a total put value of 184,002,600,000 Combined total value = 184,425,000,000
Strike 2180 has a total call value of 529,200,000 versus a total put value of 171,675,000,000 Combined total value = 172,204,200,000
Strike 2200 has a total call value of 636,000,000 versus a total put value of 159,410,400,000 Combined total value = 160,046,400,000
Strike 2220 has a total call value of 946,200,000 versus a total put value of 148,111,200,000 Combined total value = 149,057,400,000
Strike 2240 has a total call value of 1,315,800,000 versus a total put value of 136,919,400,000 Combined total value = 138,235,200,000
Strike 2260 has a total call value of 1,798,200,000 versus a total put value of 125,921,400,000 Combined total value = 127,719,600,000
Strike 2280 has a total call value of 2,460,000,000 versus a total put value of 115,143,000,000 Combined total value = 117,603,000,000
Strike 2300 has a total call value of 3,315,000,000 versus a total put value of 104,594,400,000 Combined total value = 107,909,400,000
Strike 2320 has a total call value of 4,920,000,000 versus a total put value of 95,161,200,000 Combined total value = 100,081,200,000
Strike 2340 has a total call value of 6,834,600,000 versus a total put value of 85,889,400,000 Combined total value = 92,724,000,000
Strike 2360 has a total call value of 9,017,400,000 versus a total put value of 76,776,600,000 Combined total value = 85,794,000,000
Strike 2380 has a total call value of 11,481,000,000 versus a total put value of 67,890,600,000 Combined total value = 79,371,600,000
Strike 2400 has a total call value of 14,195,400,000 versus a total put value of 59,266,200,000 Combined total value = 73,461,600,000
Strike 2420 has a total call value of 18,865,200,000 versus a total put value of 52,068,600,000 Combined total value = 70,933,800,000
Strike 2440 has a total call value of 23,848,800,000 versus a total put value of 45,118,200,000 Combined total value = 68,967,000,000
Strike 2460 has a total call value of 29,568,600,000 versus a total put value of 38,518,800,000 Combined total value = 68,087,400,000
Strike 2480 has a total call value of 36,414,000,000 versus a total put value of 32,325,600,000 Combined total value = 68,739,600,000
Strike 2500 has a total call value of 43,756,200,000 versus a total put value of 26,302,800,000 Combined total value = 70,059,000,000
Strike 2520 has a total call value of 53,325,600,000 versus a total put value of 21,105,000,000 Combined total value = 74,430,600,000
Strike 2540 has a total call value of 63,261,000,000 versus a total put value of 16,079,400,000 Combined total value = 79,340,400,000
Strike 2560 has a total call value of 73,566,000,000 versus a total put value of 11,080,200,000 Combined total value = 84,646,200,000
Strike 2580 has a total call value of 84,146,400,000 versus a total put value of 6,149,400,000 Combined total value = 90,295,800,000
Strike 2600 has a total call value of 94,986,600,000 versus a total put value of 1,218,600,000 Combined total value = 96,205,200,000
Strike 2620 has a total call value of 109,566,600,000 versus a total put value of 1,051,200,000 Combined total value = 110,617,800,000
Strike 2640 has a total call value of 124,405,800,000 versus a total put value of 883,800,000 Combined total value = 125,289,600,000
Strike 2660 has a total call value of 139,436,400,000 versus a total put value of 716,400,000 Combined total value = 140,152,800,000
Strike 2680 has a total call value of 154,546,200,000 versus a total put value of 549,000,000 Combined total value = 155,095,200,000
Strike 2700 has a total call value of 169,825,200,000 versus a total put value of 381,600,000 Combined total value = 170,206,800,000
Strike 2720 has a total call value of 186,735,600,000 versus a total put value of 286,200,000 Combined total value = 187,021,800,000
Strike 2740 has a total call value of 203,665,200,000 versus a total put value of 190,800,000 Combined total value = 203,856,000,000
Strike 2760 has a total call value of 220,903,200,000 versus a total put value of 95,400,000 Combined total value = 220,998,600,000
Strike 2780 has a total call value of 238,233,600,000 versus a total put value of 0 Combined total value = 238,233,600,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 463 | 450 |
| ABB | 5665.5 | 5600 |
| ABCAPITAL | 204.72 | 200 |
| ABFRL | 263.8 | 265 |
| ACC | 1861.7 | 1880 |
| ADANIENSOL | 878.5 | 900 |
| ADANIENT | 2397.8 | 2460 |
| ADANIGREEN | 937.2 | 940 |
| ADANIPORTS | 1358.6 | 1300 |
| ALKEM | 5039 | 5000 |
| AMBUJACEM | 542.6 | 545 |
| ANGELONE | 2445.3 | 2350 |
| APLAPOLLO | 1728 | 1660 |
| APOLLOHOSP | 6911 | 6900 |
| APOLLOTYRE | 476.7 | 475 |
| ASHOKLEY | 227.96 | 225 |
| ASIANPAINT | 2364.9 | 2360 |
| ASTRAL | 1334.4 | 1320 |
| ATGL | 630.05 | 620 |
| AUBANK | 699.8 | 680 |
| AUROPHARMA | 1174 | 1200 |
| AXISBANK | 1198 | 1180 |
| BAJAJ-AUTO | 7933 | 8000 |
| BAJAJFINSV | 2035.9 | 2000 |
| BAJFINANCE | 8939.5 | 9000 |
| BALKRISIND | 2777 | 2740 |
| BANDHANBNK | 163.51 | 165 |
| BANKBARODA | 225.35 | 230 |
| BANKINDIA | 110.2 | 110 |
| BEL | 319.2 | 310 |
| BHARATFORG | 1181.4 | 1140 |
| BHARTIARTL | 1873.3 | 1860 |
| BHEL | 227.46 | 230 |
| BIOCON | 328.6 | 330 |
| BOSCHLTD | 30925 | 30000 |
| BPCL | 313.95 | 310 |
| BRITANNIA | 5499.5 | 5450 |
| BSE | 6942 | 6600 |
| BSOFT | 407.85 | 400 |
| CAMS | 3645.9 | 3700 |
| CANBK | 100.31 | 98 |
| CDSL | 1267.3 | 1280 |
| CESC | 164.45 | 160 |
| CGPOWER | 638.45 | 630 |
| CHAMBLFERT | 704.75 | 690 |
| CHOLAFIN | 1566.1 | 1540 |
| CIPLA | 1497 | 1500 |
| COALINDIA | 394 | 390 |
| COFORGE | 8067 | 7500 |
| COLPAL | 2618.8 | 2600 |
| CONCOR | 677.5 | 700 |
| CROMPTON | 333.15 | 330 |
| CUMMINSIND | 2846.2 | 2900 |
| CYIENT | 1220.9 | 1200 |
| DABUR | 472.45 | 480 |
| DALBHARAT | 1975.8 | 1940 |
| DEEPAKNTR | 1972 | 1980 |
| DELHIVERY | 306.75 | 300 |
| DIVISLAB | 5951.5 | 6000 |
| DIXON | 16165 | 16000 |
| DLF | 669.75 | 670 |
| DMART | 4015.3 | 4050 |
| DRREDDY | 1194.6 | 1170 |
| EICHERMOT | 5486.5 | 5550 |
| ESCORTS | 3371 | 3300 |
| ETERNAL | 234.4 | 230 |
| EXIDEIND | 376.45 | 370 |
| FEDERALBNK | 192.72 | 195 |
| GAIL | 187.67 | 192.5 |
| GLENMARK | 1385.5 | 1400 |
| GMRAIRPORT | 87.59 | 87 |
| GODREJCP | 1270.9 | 1250 |
| GODREJPROP | 2110.2 | 2100 |
| GRANULES | 454 | 460 |
| GRASIM | 2727.3 | 2700 |
| HAL | 4488 | 4500 |
| HAVELLS | 1570.9 | 1600 |
| HCLTECH | 1626.9 | 1580 |
| HDFCAMC | 4476 | 4400 |
| HDFCBANK | 1953.4 | 1920 |
| HDFCLIFE | 735.6 | 720 |
| HEROMOTOCO | 3932.2 | 3900 |
| HFCL | 81.02 | 80 |
| HINDALCO | 645.75 | 640 |
| HINDCOPPER | 218.33 | 215 |
| HINDPETRO | 396.05 | 390 |
| HINDUNILVR | 2378.1 | 2380 |
| HINDZINC | 427.4 | 430 |
| HUDCO | 219.08 | 220 |
| ICICIBANK | 1435.3 | 1420 |
| ICICIGI | 1825.7 | 1820 |
| ICICIPRULI | 598.75 | 600 |
| IDEA | 7.07 | 8 |
| IDFCFIRSTB | 68.7 | 66 |
| IEX | 195.33 | 192.5 |
| IGL | 204.48 | 197.5 |
| IIFL | 389.7 | 370 |
| INDHOTEL | 756.85 | 760 |
| INDIANB | 567.95 | 570 |
| INDIGO | 5448 | 5300 |
| INDUSINDBK | 818 | 830 |
| INDUSTOWER | 394.05 | 390 |
| INFY | 1565.5 | 1500 |
| INOXWIND | 166.33 | 170 |
| IOC | 143.31 | 143 |
| IRB | 47.28 | 46 |
| IRCTC | 751.25 | 760 |
| IREDA | 165.7 | 160 |
| IRFC | 123.28 | 122.5 |
| ITC | 434.9 | 430 |
| JINDALSTEL | 882.8 | 890 |
| JIOFIN | 261.3 | 260 |
| JSL | 607.35 | 600 |
| JSWENERGY | 476.75 | 480 |
| JSWSTEEL | 984.9 | 980 |
| JUBLFOOD | 689.05 | 690 |
| KALYANKJIL | 536.6 | 520 |
| KEI | 3361.6 | 3200 |
| KOTAKBANK | 2162.4 | 2140 |
| KPITTECH | 1312.5 | 1260 |
| LAURUSLABS | 596 | 610 |
| LICHSGFIN | 593.15 | 600 |
| LICI | 809.45 | 800 |
| LODHA | 1298 | 1300 |
| LT | 3550 | 3400 |
| LTF | 167.86 | 165 |
| LTIM | 4770 | 4550 |
| LUPIN | 2029 | 2040 |
| M&M | 3057 | 3000 |
| M&MFIN | 251.75 | 265 |
| MANAPPURAM | 228.15 | 230 |
| MARICO | 734.45 | 720 |
| MARUTI | 12530 | 12000 |
| MAXHEALTH | 1152.4 | 1140 |
| MCX | 6038.5 | 5900 |
| MFSL | 1293.1 | 1280 |
| MGL | 1395.2 | 1380 |
| MOTHERSON | 140.6 | 140 |
| MPHASIS | 2502 | 2500 |
| MRF | 140050 | 140000 |
| MUTHOOTFIN | 2250.5 | 2200 |
| NATIONALUM | 163.99 | 165 |
| NAUKRI | 1439.5 | 1400 |
| NBCC | 97.25 | 98 |
| NCC | 216.24 | 215 |
| NESTLEIND | 2366.3 | 2360 |
| NHPC | 81.49 | 84 |
| NMDC | 66.74 | 67 |
| NTPC | 345.7 | 345 |
| NYKAA | 197.79 | 195 |
| OBEROIRLTY | 1603.9 | 1600 |
| OFSS | 8487 | 8300 |
| OIL | 416.2 | 400 |
| ONGC | 241.96 | 240 |
| PAGEIND | 46910 | 46000 |
| PATANJALI | 1792.5 | 1840 |
| PAYTM | 850.65 | 860 |
| PEL | 1047.95 | 1020 |
| PERSISTENT | 5734 | 5400 |
| PETRONET | 313.05 | 310 |
| PFC | 406.55 | 420 |
| PHOENIXLTD | 1521.4 | 1550 |
| PIDILITIND | 3051 | 3000 |
| PIIND | 3718.9 | 3700 |
| PNB | 94.82 | 95 |
| PNBHOUSING | 1060.6 | 1060 |
| POLICYBZR | 1668.1 | 1620 |
| POLYCAB | 5928 | 5800 |
| POONAWALLA | 386.5 | 380 |
| POWERGRID | 308.4 | 310 |
| PRESTIGE | 1345 | 1340 |
| RAMCOCEM | 949.55 | 950 |
| RBLBANK | 204.69 | 200 |
| RECLTD | 406 | 420 |
| RELIANCE | 1424.6 | 1380 |
| SAIL | 114.44 | 115 |
| SBICARD | 901.25 | 880 |
| SBILIFE | 1749.6 | 1720 |
| SBIN | 795.55 | 790 |
| SHREECEM | 29740 | 30000 |
| SHRIRAMFIN | 626.4 | 620 |
| SIEMENS | 2938.1 | 2900 |
| SJVN | 93.97 | 95 |
| SOLARINDS | 13248 | 13000 |
| SONACOMS | 513.55 | 500 |
| SRF | 3045.6 | 3000 |
| SUNPHARMA | 1678.8 | 1740 |
| SUPREMEIND | 3594.9 | 3500 |
| SYNGENE | 621.35 | 630 |
| TATACHEM | 835.4 | 850 |
| TATACOMM | 1561.6 | 1600 |
| TATACONSUM | 1152.4 | 1130 |
| TATAELXSI | 5922.5 | 5700 |
| TATAMOTORS | 720.35 | 690 |
| TATAPOWER | 389.5 | 400 |
| TATASTEEL | 147.88 | 145 |
| TATATECH | 682.95 | 660 |
| TCS | 3543.7 | 3460 |
| TECHM | 1541 | 1500 |
| TIINDIA | 2937.7 | 2850 |
| TITAGARH | 734.55 | 720 |
| TITAN | 3574.2 | 3480 |
| TORNTPHARM | 3181.8 | 3250 |
| TORNTPOWER | 1451.5 | 1440 |
| TRENT | 5350.5 | 5300 |
| TVSMOTOR | 2756.5 | 2720 |
| ULTRACEMCO | 11630 | 11800 |
| UNIONBANK | 127.56 | 125 |
| UNITDSPR | 1558.1 | 1560 |
| UPL | 690.25 | 670 |
| VBL | 511.45 | 510 |
| VEDL | 426.55 | 420 |
| VOLTAS | 1263.2 | 1260 |
| WIPRO | 251.36 | 242.5 |
| YESBANK | 20.5 | 20 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 882.9 | 880 |
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.
