ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
21 Mar 2025 04:11 PM IST
Max Pain for ADANIENT is 2360
Strike 1720 has a total call value of 0 versus a total put value of 334,497,600,000 Combined total value = 334,497,600,000
Strike 1740 has a total call value of 0 versus a total put value of 322,974,000,000 Combined total value = 322,974,000,000
Strike 1760 has a total call value of 0 versus a total put value of 311,450,400,000 Combined total value = 311,450,400,000
Strike 1780 has a total call value of 1,200,000 versus a total put value of 300,022,800,000 Combined total value = 300,024,000,000
Strike 1800 has a total call value of 2,400,000 versus a total put value of 288,595,200,000 Combined total value = 288,597,600,000
Strike 1820 has a total call value of 11,400,000 versus a total put value of 277,434,000,000 Combined total value = 277,445,400,000
Strike 1840 has a total call value of 20,400,000 versus a total put value of 266,272,800,000 Combined total value = 266,293,200,000
Strike 1860 has a total call value of 29,400,000 versus a total put value of 255,141,000,000 Combined total value = 255,170,400,000
Strike 1880 has a total call value of 38,400,000 versus a total put value of 244,086,000,000 Combined total value = 244,124,400,000
Strike 1900 has a total call value of 47,400,000 versus a total put value of 233,031,000,000 Combined total value = 233,078,400,000
Strike 1920 has a total call value of 56,400,000 versus a total put value of 222,366,000,000 Combined total value = 222,422,400,000
Strike 1940 has a total call value of 65,400,000 versus a total put value of 211,701,000,000 Combined total value = 211,766,400,000
Strike 1960 has a total call value of 74,400,000 versus a total put value of 201,124,800,000 Combined total value = 201,199,200,000
Strike 1980 has a total call value of 83,400,000 versus a total put value of 190,645,800,000 Combined total value = 190,729,200,000
Strike 2000 has a total call value of 92,400,000 versus a total put value of 180,231,600,000 Combined total value = 180,324,000,000
Strike 2020 has a total call value of 211,200,000 versus a total put value of 170,292,600,000 Combined total value = 170,503,800,000
Strike 2040 has a total call value of 330,000,000 versus a total put value of 160,415,400,000 Combined total value = 160,745,400,000
Strike 2060 has a total call value of 448,800,000 versus a total put value of 150,738,000,000 Combined total value = 151,186,800,000
Strike 2080 has a total call value of 567,600,000 versus a total put value of 141,177,600,000 Combined total value = 141,745,200,000
Strike 2100 has a total call value of 809,400,000 versus a total put value of 131,710,200,000 Combined total value = 132,519,600,000
Strike 2120 has a total call value of 1,453,200,000 versus a total put value of 123,011,400,000 Combined total value = 124,464,600,000
Strike 2140 has a total call value of 2,428,800,000 versus a total put value of 114,657,000,000 Combined total value = 117,085,800,000
Strike 2160 has a total call value of 3,799,200,000 versus a total put value of 106,682,400,000 Combined total value = 110,481,600,000
Strike 2180 has a total call value of 5,397,000,000 versus a total put value of 98,960,400,000 Combined total value = 104,357,400,000
Strike 2200 has a total call value of 6,994,800,000 versus a total put value of 91,377,600,000 Combined total value = 98,372,400,000
Strike 2220 has a total call value of 9,142,200,000 versus a total put value of 84,674,400,000 Combined total value = 93,816,600,000
Strike 2240 has a total call value of 11,393,400,000 versus a total put value of 78,191,400,000 Combined total value = 89,584,800,000
Strike 2260 has a total call value of 13,871,400,000 versus a total put value of 72,080,400,000 Combined total value = 85,951,800,000
Strike 2280 has a total call value of 16,536,600,000 versus a total put value of 66,211,200,000 Combined total value = 82,747,800,000
Strike 2300 has a total call value of 19,380,600,000 versus a total put value of 60,526,800,000 Combined total value = 79,907,400,000
Strike 2320 has a total call value of 23,160,600,000 versus a total put value of 55,338,600,000 Combined total value = 78,499,200,000
Strike 2340 has a total call value of 27,166,800,000 versus a total put value of 50,482,800,000 Combined total value = 77,649,600,000
Strike 2360 has a total call value of 31,497,000,000 versus a total put value of 45,937,200,000 Combined total value = 77,434,200,000
Strike 2380 has a total call value of 36,187,800,000 versus a total put value of 41,718,000,000 Combined total value = 77,905,800,000
Strike 2400 has a total call value of 41,212,200,000 versus a total put value of 37,806,000,000 Combined total value = 79,018,200,000
Strike 2420 has a total call value of 47,266,200,000 versus a total put value of 34,197,600,000 Combined total value = 81,463,800,000
Strike 2440 has a total call value of 53,556,000,000 versus a total put value of 30,606,600,000 Combined total value = 84,162,600,000
Strike 2460 has a total call value of 60,125,400,000 versus a total put value of 27,030,600,000 Combined total value = 87,156,000,000
Strike 2480 has a total call value of 66,969,000,000 versus a total put value of 23,466,000,000 Combined total value = 90,435,000,000
Strike 2500 has a total call value of 73,937,400,000 versus a total put value of 19,912,200,000 Combined total value = 93,849,600,000
Strike 2520 has a total call value of 81,876,600,000 versus a total put value of 16,582,800,000 Combined total value = 98,459,400,000
Strike 2540 has a total call value of 89,911,200,000 versus a total put value of 13,263,000,000 Combined total value = 103,174,200,000
Strike 2560 has a total call value of 98,109,000,000 versus a total put value of 9,943,200,000 Combined total value = 108,052,200,000
Strike 2580 has a total call value of 106,363,800,000 versus a total put value of 6,624,600,000 Combined total value = 112,988,400,000
Strike 2600 has a total call value of 114,643,200,000 versus a total put value of 3,306,000,000 Combined total value = 117,949,200,000
Strike 2620 has a total call value of 124,598,400,000 versus a total put value of 2,752,800,000 Combined total value = 127,351,200,000
Strike 2640 has a total call value of 134,553,600,000 versus a total put value of 2,199,600,000 Combined total value = 136,753,200,000
Strike 2660 has a total call value of 144,551,400,000 versus a total put value of 1,646,400,000 Combined total value = 146,197,800,000
Strike 2680 has a total call value of 154,549,200,000 versus a total put value of 1,093,200,000 Combined total value = 155,642,400,000
Strike 2700 has a total call value of 164,547,000,000 versus a total put value of 546,600,000 Combined total value = 165,093,600,000
Strike 2720 has a total call value of 174,544,800,000 versus a total put value of 0 Combined total value = 174,544,800,000
Strike 2740 has a total call value of 184,971,600,000 versus a total put value of 0 Combined total value = 184,971,600,000
Strike 2760 has a total call value of 195,398,400,000 versus a total put value of 0 Combined total value = 195,398,400,000
Strike 2780 has a total call value of 205,825,200,000 versus a total put value of 0 Combined total value = 205,825,200,000
Strike 2800 has a total call value of 216,252,000,000 versus a total put value of 0 Combined total value = 216,252,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 407.25 | 400 |
| ABB | 5457.5 | 5400 |
| ABCAPITAL | 185.52 | 175 |
| ABFRL | 253.26 | 250 |
| ACC | 1915.65 | 1940 |
| ADANIENSOL | 831.7 | 780 |
| ADANIENT | 2362.8 | 2360 |
| ADANIGREEN | 954.25 | 880 |
| ADANIPORTS | 1188.8 | 1160 |
| ALKEM | 4979 | 4800 |
| AMBUJACEM | 514.5 | 515 |
| ANGELONE | 2336.8 | 2100 |
| APLAPOLLO | 1511.55 | 1460 |
| APOLLOHOSP | 6611.55 | 6450 |
| APOLLOTYRE | 425.85 | 420 |
| ASHOKLEY | 210.84 | 210 |
| ASIANPAINT | 2300.4 | 2260 |
| ASTRAL | 1291.55 | 1300 |
| ATGL | 630.7 | 600 |
| AUBANK | 542.8 | 525 |
| AUROPHARMA | 1200.35 | 1160 |
| AXISBANK | 1070.15 | 1050 |
| BAJAJ-AUTO | 8067.85 | 7900 |
| BAJAJFINSV | 1847.25 | 1840 |
| BAJFINANCE | 8916.1 | 8700 |
| BALKRISIND | 2609.85 | 2580 |
| BANDHANBNK | 144.96 | 145 |
| BANKBARODA | 216.7 | 215 |
| BANKINDIA | 105.84 | 100 |
| BEL | 295.74 | 285 |
| BERGEPAINT | 500.3 | 500 |
| BHARATFORG | 1181.3 | 1120 |
| BHARTIARTL | 1725.8 | 1680 |
| BHEL | 211.95 | 205 |
| BIOCON | 344.1 | 335 |
| BOSCHLTD | 27432.25 | 28000 |
| BPCL | 279.66 | 270 |
| BRITANNIA | 4814 | 4750 |
| BSE | 4779.75 | 4500 |
| BSOFT | 404.35 | 410 |
| CAMS | 3815.7 | 3600 |
| CANBK | 87.54 | 87 |
| CDSL | 1216.3 | 1160 |
| CESC | 150.82 | 145 |
| CGPOWER | 641.25 | 620 |
| CHAMBLFERT | 597.05 | 580 |
| CHOLAFIN | 1538.5 | 1460 |
| CIPLA | 1523.85 | 1480 |
| COALINDIA | 405.4 | 395 |
| COFORGE | 7746.8 | 7500 |
| COLPAL | 2401.1 | 2480 |
| CONCOR | 689.65 | 680 |
| CROMPTON | 362.85 | 355 |
| CUMMINSIND | 2937.75 | 2900 |
| CYIENT | 1316.75 | 1260 |
| DABUR | 506.8 | 500 |
| DALBHARAT | 1747.4 | 1700 |
| DEEPAKNTR | 2057.8 | 1950 |
| DELHIVERY | 263.62 | 260 |
| DIVISLAB | 5797.35 | 5750 |
| DIXON | 14056.8 | 13750 |
| DLF | 695.9 | 690 |
| DMART | 3892.2 | 3800 |
| DRREDDY | 1200.15 | 1150 |
| EICHERMOT | 5305.95 | 5100 |
| ESCORTS | 3228.3 | 3100 |
| EXIDEIND | 358.65 | 360 |
| FEDERALBNK | 187.3 | 185 |
| GAIL | 175.05 | 171 |
| GLENMARK | 1514.75 | 1440 |
| GMRAIRPORT | 77.36 | 74 |
| GODREJCP | 1111.95 | 1070 |
| GODREJPROP | 2143.95 | 2100 |
| GRANULES | 507.45 | 500 |
| GRASIM | 2469.4 | 2420 |
| HAL | 3891.25 | 3700 |
| HAVELLS | 1480.8 | 1500 |
| HCLTECH | 1566.7 | 1580 |
| HDFCAMC | 3994.55 | 3900 |
| HDFCBANK | 1770.35 | 1760 |
| HDFCLIFE | 679.6 | 640 |
| HEROMOTOCO | 3629 | 3650 |
| HFCL | 82.81 | 85 |
| HINDALCO | 695.35 | 670 |
| HINDCOPPER | 229.91 | 220 |
| HINDPETRO | 356.95 | 340 |
| HINDUNILVR | 2246.2 | 2260 |
| HUDCO | 202.8 | 195 |
| ICICIBANK | 1343.1 | 1300 |
| ICICIGI | 1723.2 | 1700 |
| ICICIPRULI | 581.4 | 570 |
| IDEA | 7.62 | 8 |
| IDFCFIRSTB | 56.29 | 58 |
| IEX | 172.67 | 170 |
| IGL | 198.14 | 192.5 |
| IIFL | 340 | 320 |
| INDHOTEL | 824.7 | 790 |
| INDIANB | 547.95 | 520 |
| INDIGO | 5044.05 | 4900 |
| INDUSINDBK | 686.9 | 750 |
| INDUSTOWER | 348.85 | 340 |
| INFY | 1592.55 | 1620 |
| IOC | 131.51 | 127.5 |
| IRB | 46.8 | 45 |
| IRCTC | 722.2 | 710 |
| IREDA | 154.82 | 145 |
| IRFC | 129.66 | 125 |
| ITC | 405.55 | 405 |
| JINDALSTEL | 914.3 | 900 |
| JIOFIN | 229.12 | 225 |
| JKCEMENT | 4822.5 | 4600 |
| JSL | 625.7 | 630 |
| JSWENERGY | 559.7 | 530 |
| JSWSTEEL | 1058.7 | 1030 |
| JUBLFOOD | 629.05 | 630 |
| KALYANKJIL | 471.2 | 440 |
| KEI | 2890.3 | 2900 |
| KOTAKBANK | 2079 | 2020 |
| KPITTECH | 1323.4 | 1280 |
| LAURUSLABS | 611.2 | 590 |
| LICHSGFIN | 571.7 | 550 |
| LICI | 791.35 | 780 |
| LODHA | 1180.75 | 1160 |
| LT | 3415.95 | 3300 |
| LTF | 155.09 | 150 |
| LTIM | 4520.25 | 4500 |
| LTTS | 4670.4 | 4600 |
| LUPIN | 2114.7 | 2020 |
| M&M | 2801.85 | 2750 |
| M&MFIN | 291.35 | 280 |
| MANAPPURAM | 234.16 | 207.5 |
| MARICO | 630.8 | 620 |
| MARUTI | 11732.8 | 11700 |
| MAXHEALTH | 1170.25 | 1140 |
| MCX | 5464.1 | 5300 |
| MFSL | 1140.05 | 1100 |
| MGL | 1380 | 1340 |
| MOTHERSON | 131.34 | 130 |
| MPHASIS | 2429.95 | 2350 |
| MRF | 112050.15 | 110000 |
| MUTHOOTFIN | 2356.6 | 2340 |
| NATIONALUM | 185.52 | 190 |
| NAUKRI | 6916 | 6800 |
| NBCC | 83.73 | 80 |
| NCC | 206.03 | 195 |
| NESTLEIND | 2268.85 | 2240 |
| NHPC | 82.56 | 80 |
| NMDC | 67.51 | 68 |
| NTPC | 351.3 | 340 |
| NYKAA | 172.52 | 170 |
| OBEROIRLTY | 1652.5 | 1600 |
| OFSS | 7644.4 | 7750 |
| OIL | 393.6 | 390 |
| ONGC | 242.42 | 235 |
| PAGEIND | 42127.95 | 41000 |
| PATANJALI | 1761.05 | 1740 |
| PAYTM | 751.05 | 720 |
| PEL | 996.45 | 960 |
| PERSISTENT | 5275.55 | 5300 |
| PETRONET | 301.25 | 295 |
| PFC | 407.8 | 400 |
| PHOENIXLTD | 1666.15 | 1600 |
| PIDILITIND | 2825.5 | 2760 |
| PIIND | 3456.7 | 3300 |
| PNB | 93.14 | 92 |
| POLICYBZR | 1603 | 1500 |
| POLYCAB | 4992.3 | 5000 |
| POONAWALLA | 334.8 | 305 |
| POWERGRID | 283.1 | 275 |
| PRESTIGE | 1226.15 | 1150 |
| RAMCOCEM | 855.85 | 840 |
| RBLBANK | 168.3 | 165 |
| RECLTD | 428.95 | 420 |
| RELIANCE | 1276.35 | 1250 |
| SAIL | 115.3 | 110 |
| SBICARD | 857.5 | 845 |
| SBILIFE | 1546.4 | 1480 |
| SBIN | 753.2 | 740 |
| SHREECEM | 28987.4 | 28250 |
| SHRIRAMFIN | 676.8 | 650 |
| SIEMENS | 5200.65 | 5000 |
| SJVN | 95.23 | 90 |
| SOLARINDS | 10650.65 | 10200 |
| SONACOMS | 509.35 | 500 |
| SRF | 3024.35 | 2900 |
| SUNPHARMA | 1784.5 | 1680 |
| SUPREMEIND | 3427.85 | 3500 |
| SYNGENE | 716 | 700 |
| TATACHEM | 847.25 | 840 |
| TATACOMM | 1610 | 1540 |
| TATACONSUM | 961.2 | 970 |
| TATAELXSI | 5462.95 | 5400 |
| TATAMOTORS | 702.95 | 680 |
| TATAPOWER | 379.5 | 375 |
| TATASTEEL | 157.28 | 153 |
| TATATECH | 685.75 | 670 |
| TCS | 3578.1 | 3600 |
| TECHM | 1409.25 | 1440 |
| TIINDIA | 2872.15 | 2800 |
| TITAGARH | 784.5 | 760 |
| TITAN | 3162.7 | 3150 |
| TORNTPHARM | 3223.1 | 3100 |
| TORNTPOWER | 1498.55 | 1360 |
| TRENT | 5150.05 | 5100 |
| TVSMOTOR | 2413.85 | 2360 |
| ULTRACEMCO | 10976.75 | 10500 |
| UNIONBANK | 122.52 | 119 |
| UNITDSPR | 1391.6 | 1320 |
| UPL | 658.85 | 640 |
| USDINR | 86.015 | 77.25 |
| VBL | 537.95 | 520 |
| VEDL | 467.3 | 450 |
| VOLTAS | 1429.5 | 1400 |
| WIPRO | 264.3 | 270 |
| YESBANK | 17.17 | 17 |
| ZOMATO | 227.52 | 220 |
| ZYDUSLIFE | 918.6 | 900 |
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.
