ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
28 Feb 2025 04:11 PM IST
Max Pain for ADANIENT is 2500
Strike 1760 has a total call value of 0 versus a total put value of 351,870,000,000 Combined total value = 351,870,000,000
Strike 1780 has a total call value of 0 versus a total put value of 340,423,800,000 Combined total value = 340,423,800,000
Strike 1800 has a total call value of 0 versus a total put value of 328,977,600,000 Combined total value = 328,977,600,000
Strike 1820 has a total call value of 14,400,000 versus a total put value of 317,803,800,000 Combined total value = 317,818,200,000
Strike 1840 has a total call value of 28,800,000 versus a total put value of 306,645,000,000 Combined total value = 306,673,800,000
Strike 1860 has a total call value of 43,200,000 versus a total put value of 295,505,400,000 Combined total value = 295,548,600,000
Strike 1880 has a total call value of 57,600,000 versus a total put value of 284,415,000,000 Combined total value = 284,472,600,000
Strike 1900 has a total call value of 72,000,000 versus a total put value of 273,338,400,000 Combined total value = 273,410,400,000
Strike 1920 has a total call value of 86,400,000 versus a total put value of 262,776,600,000 Combined total value = 262,863,000,000
Strike 1940 has a total call value of 100,800,000 versus a total put value of 252,251,400,000 Combined total value = 252,352,200,000
Strike 1960 has a total call value of 120,600,000 versus a total put value of 241,770,600,000 Combined total value = 241,891,200,000
Strike 1980 has a total call value of 140,400,000 versus a total put value of 231,402,000,000 Combined total value = 231,542,400,000
Strike 2000 has a total call value of 171,600,000 versus a total put value of 221,071,200,000 Combined total value = 221,242,800,000
Strike 2020 has a total call value of 350,400,000 versus a total put value of 211,256,400,000 Combined total value = 211,606,800,000
Strike 2040 has a total call value of 529,800,000 versus a total put value of 201,486,600,000 Combined total value = 202,016,400,000
Strike 2060 has a total call value of 759,600,000 versus a total put value of 191,818,200,000 Combined total value = 192,577,800,000
Strike 2080 has a total call value of 1,069,200,000 versus a total put value of 182,252,400,000 Combined total value = 183,321,600,000
Strike 2100 has a total call value of 1,473,600,000 versus a total put value of 172,776,600,000 Combined total value = 174,250,200,000
Strike 2120 has a total call value of 2,663,400,000 versus a total put value of 163,962,600,000 Combined total value = 166,626,000,000
Strike 2140 has a total call value of 4,245,000,000 versus a total put value of 155,313,000,000 Combined total value = 159,558,000,000
Strike 2160 has a total call value of 6,306,600,000 versus a total put value of 147,100,200,000 Combined total value = 153,406,800,000
Strike 2180 has a total call value of 8,704,800,000 versus a total put value of 139,153,200,000 Combined total value = 147,858,000,000
Strike 2200 has a total call value of 11,221,200,000 versus a total put value of 131,299,800,000 Combined total value = 142,521,000,000
Strike 2220 has a total call value of 15,100,200,000 versus a total put value of 124,419,000,000 Combined total value = 139,519,200,000
Strike 2240 has a total call value of 19,071,000,000 versus a total put value of 117,538,200,000 Combined total value = 136,609,200,000
Strike 2260 has a total call value of 23,089,200,000 versus a total put value of 110,736,000,000 Combined total value = 133,825,200,000
Strike 2280 has a total call value of 27,277,800,000 versus a total put value of 103,933,800,000 Combined total value = 131,211,600,000
Strike 2300 has a total call value of 31,528,200,000 versus a total put value of 97,131,600,000 Combined total value = 128,659,800,000
Strike 2320 has a total call value of 36,412,800,000 versus a total put value of 90,563,400,000 Combined total value = 126,976,200,000
Strike 2340 has a total call value of 41,297,400,000 versus a total put value of 83,995,200,000 Combined total value = 125,292,600,000
Strike 2360 has a total call value of 46,310,400,000 versus a total put value of 77,427,000,000 Combined total value = 123,737,400,000
Strike 2380 has a total call value of 51,323,400,000 versus a total put value of 70,858,800,000 Combined total value = 122,182,200,000
Strike 2400 has a total call value of 56,336,400,000 versus a total put value of 64,290,600,000 Combined total value = 120,627,000,000
Strike 2420 has a total call value of 62,007,000,000 versus a total put value of 58,053,600,000 Combined total value = 120,060,600,000
Strike 2440 has a total call value of 67,677,600,000 versus a total put value of 51,816,600,000 Combined total value = 119,494,200,000
Strike 2460 has a total call value of 73,395,600,000 versus a total put value of 45,579,600,000 Combined total value = 118,975,200,000
Strike 2480 has a total call value of 79,167,600,000 versus a total put value of 39,342,600,000 Combined total value = 118,510,200,000
Strike 2500 has a total call value of 84,979,800,000 versus a total put value of 33,105,600,000 Combined total value = 118,085,400,000
Strike 2520 has a total call value of 91,458,600,000 versus a total put value of 27,140,400,000 Combined total value = 118,599,000,000
Strike 2540 has a total call value of 97,980,000,000 versus a total put value of 21,175,200,000 Combined total value = 119,155,200,000
Strike 2560 has a total call value of 104,501,400,000 versus a total put value of 15,210,000,000 Combined total value = 119,711,400,000
Strike 2580 has a total call value of 111,022,800,000 versus a total put value of 9,244,800,000 Combined total value = 120,267,600,000
Strike 2600 has a total call value of 117,575,400,000 versus a total put value of 3,279,600,000 Combined total value = 120,855,000,000
Strike 2620 has a total call value of 126,543,600,000 versus a total put value of 2,731,200,000 Combined total value = 129,274,800,000
Strike 2640 has a total call value of 135,511,800,000 versus a total put value of 2,182,800,000 Combined total value = 137,694,600,000
Strike 2660 has a total call value of 144,480,000,000 versus a total put value of 1,634,400,000 Combined total value = 146,114,400,000
Strike 2680 has a total call value of 153,448,200,000 versus a total put value of 1,086,000,000 Combined total value = 154,534,200,000
Strike 2700 has a total call value of 162,416,400,000 versus a total put value of 543,000,000 Combined total value = 162,959,400,000
Strike 2720 has a total call value of 171,384,600,000 versus a total put value of 0 Combined total value = 171,384,600,000
Strike 2740 has a total call value of 180,774,000,000 versus a total put value of 0 Combined total value = 180,774,000,000
Strike 2760 has a total call value of 190,163,400,000 versus a total put value of 0 Combined total value = 190,163,400,000
Strike 2780 has a total call value of 199,552,800,000 versus a total put value of 0 Combined total value = 199,552,800,000
Strike 2800 has a total call value of 208,942,200,000 versus a total put value of 0 Combined total value = 208,942,200,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 376 | 400 |
| ABB | 4935.4 | 5200 |
| ABCAPITAL | 156.33 | 165 |
| ABFRL | 242.15 | 255 |
| ACC | 1818.55 | 2000 |
| ADANIENSOL | 650.9 | 680 |
| ADANIENT | 2096 | 2500 |
| ADANIGREEN | 774.4 | 820 |
| ADANIPORTS | 1069.4 | 1100 |
| ALKEM | 4646.2 | 4650 |
| AMBUJACEM | 464.95 | 510 |
| ANGELONE | 2169.15 | 2100 |
| APLAPOLLO | 1438.95 | 1460 |
| APOLLOHOSP | 6052.6 | 6200 |
| APOLLOTYRE | 374.3 | 400 |
| ASHOKLEY | 212.94 | 220 |
| ASIANPAINT | 2179.75 | 2260 |
| ASTRAL | 1337.25 | 1400 |
| ATGL | 557.15 | 560 |
| AUBANK | 565.7 | 555 |
| AUROPHARMA | 1058.3 | 1100 |
| AXISBANK | 1015.55 | 1030 |
| BAJAJ-AUTO | 7902.9 | 8300 |
| BAJAJFINSV | 1872.3 | 1900 |
| BAJFINANCE | 8530.3 | 8500 |
| BALKRISIND | 2615.65 | 2700 |
| BANDHANBNK | 141.19 | 145 |
| BANKBARODA | 197.07 | 215 |
| BANKINDIA | 95.16 | 100 |
| BEL | 246.25 | 260 |
| BERGEPAINT | 488.55 | 490 |
| BHARATFORG | 1016.5 | 1040 |
| BHARTIARTL | 1570.2 | 1620 |
| BHEL | 179.17 | 195 |
| BIOCON | 302.45 | 320 |
| BOSCHLTD | 26544 | 30000 |
| BPCL | 237.3 | 250 |
| BRITANNIA | 4595.45 | 4800 |
| BSE | 4633.7 | 5100 |
| BSOFT | 424.05 | 450 |
| CAMS | 3143.1 | 3300 |
| CANBK | 80.9 | 88 |
| CDSL | 1107.9 | 1200 |
| CESC | 130.79 | 135 |
| CGPOWER | 572.6 | 580 |
| CHAMBLFERT | 533.7 | 550 |
| CHOLAFIN | 1400.75 | 1400 |
| CIPLA | 1407.5 | 1460 |
| COALINDIA | 369.35 | 380 |
| COFORGE | 7362.15 | 7400 |
| COLPAL | 2464.6 | 2500 |
| CONCOR | 623.7 | 680 |
| CROMPTON | 321.15 | 330 |
| CUMMINSIND | 2717.95 | 2800 |
| CYIENT | 1267.15 | 1300 |
| DABUR | 493.3 | 510 |
| DALBHARAT | 1689.65 | 1700 |
| DEEPAKNTR | 1851.3 | 1900 |
| DELHIVERY | 249.85 | 260 |
| DIVISLAB | 5480.25 | 5650 |
| DIXON | 13935.85 | 14000 |
| DLF | 635.55 | 670 |
| DMART | 3403.95 | 3550 |
| DRREDDY | 1116.5 | 1150 |
| EICHERMOT | 4773.6 | 4950 |
| ESCORTS | 2868.95 | 3000 |
| EXIDEIND | 347.8 | 370 |
| FEDERALBNK | 177.62 | 180 |
| GAIL | 156.04 | 160 |
| GLENMARK | 1278.95 | 1300 |
| GMRAIRPORT | 69.47 | 71 |
| GODREJCP | 1005.15 | 1030 |
| GODREJPROP | 1936.3 | 2000 |
| GRANULES | 461.8 | 490 |
| GRASIM | 2306.65 | 2360 |
| HAL | 3088.2 | 3400 |
| HAVELLS | 1421.8 | 1440 |
| HCLTECH | 1575.05 | 1640 |
| HDFCAMC | 3628.3 | 3800 |
| HDFCBANK | 1732.4 | 1720 |
| HDFCLIFE | 608.5 | 620 |
| HEROMOTOCO | 3681.1 | 3800 |
| HFCL | 79.19 | 85 |
| HINDALCO | 634.35 | 630 |
| HINDCOPPER | 202.32 | 220 |
| HINDPETRO | 293.75 | 310 |
| HINDUNILVR | 2190.25 | 2300 |
| HUDCO | 165.14 | 180 |
| ICICIBANK | 1204.1 | 1250 |
| ICICIGI | 1690.95 | 1720 |
| ICICIPRULI | 551.6 | 560 |
| IDEA | 7.55 | 8 |
| IDFCFIRSTB | 58.39 | 61 |
| IEX | 155.93 | 165 |
| IGL | 189.48 | 195 |
| INDHOTEL | 716.1 | 740 |
| INDIANB | 510.8 | 520 |
| INDIGO | 4477.3 | 4500 |
| INDUSINDBK | 990.1 | 1040 |
| INDUSTOWER | 323.35 | 345 |
| INFY | 1687.7 | 1760 |
| IOC | 113.49 | 120 |
| IRB | 43.26 | 45 |
| IRCTC | 670.95 | 710 |
| IRFC | 112.42 | 115 |
| ITC | 395 | 405 |
| JINDALSTEL | 856.15 | 880 |
| JIOFIN | 207.61 | 220 |
| JKCEMENT | 4389.35 | 4500 |
| JSL | 584.85 | 610 |
| JSWENERGY | 464.1 | 460 |
| JSWSTEEL | 950.7 | 970 |
| JUBLFOOD | 626.1 | 650 |
| KALYANKJIL | 462.25 | 460 |
| KEI | 3070.15 | 3000 |
| KOTAKBANK | 1902.95 | 1940 |
| KPITTECH | 1197.4 | 1260 |
| LAURUSLABS | 527.2 | 540 |
| LICHSGFIN | 496.9 | 530 |
| LICI | 740.5 | 760 |
| LODHA | 1130.9 | 1200 |
| LT | 3163.85 | 3300 |
| LTF | 134.73 | 140 |
| LTIM | 4665.95 | 5000 |
| LTTS | 4533.2 | 4700 |
| LUPIN | 1904.65 | 1900 |
| M&M | 2585.1 | 2700 |
| M&MFIN | 270.6 | 280 |
| MANAPPURAM | 200.96 | 200 |
| MARICO | 600.6 | 620 |
| MARUTI | 11945.85 | 12200 |
| MAXHEALTH | 978.1 | 1020 |
| MCX | 4991.65 | 5400 |
| MFSL | 998.1 | 1040 |
| MGL | 1237.5 | 1300 |
| MOTHERSON | 118.59 | 125 |
| MPHASIS | 2247.25 | 2350 |
| MRF | 105373.7 | 110000 |
| MUTHOOTFIN | 2132.8 | 2200 |
| NATIONALUM | 177.6 | 186 |
| NAUKRI | 6992.65 | 7300 |
| NBCC | 72.86 | 77.5 |
| NCC | 175 | 180 |
| NESTLEIND | 2189.65 | 2260 |
| NHPC | 72.9 | 75 |
| NMDC | 62.48 | 69 |
| NTPC | 311.45 | 320 |
| NYKAA | 158.8 | 160 |
| OBEROIRLTY | 1484.5 | 1520 |
| OFSS | 7763.9 | 8000 |
| OIL | 342.7 | 370 |
| ONGC | 225.25 | 235 |
| PAGEIND | 40515.95 | 42000 |
| PAYTM | 714.95 | 740 |
| PEL | 872.4 | 940 |
| PERSISTENT | 5303.9 | 5400 |
| PETRONET | 283.3 | 290 |
| PFC | 364.3 | 390 |
| PHOENIXLTD | 1548.1 | 1500 |
| PIDILITIND | 2657.9 | 2800 |
| PIIND | 3013.95 | 3100 |
| PNB | 87.39 | 95 |
| POLICYBZR | 1463.6 | 1550 |
| POLYCAB | 4713.4 | 4900 |
| POONAWALLA | 281.3 | 280 |
| POWERGRID | 250.85 | 265 |
| PRESTIGE | 1126.6 | 1150 |
| RAMCOCEM | 829 | 850 |
| RBLBANK | 158.34 | 160 |
| RECLTD | 360.3 | 390 |
| RELIANCE | 1200.1 | 1250 |
| SAIL | 105.02 | 110 |
| SBICARD | 838.8 | 850 |
| SBILIFE | 1430.5 | 1480 |
| SBIN | 688.8 | 720 |
| SHREECEM | 27284 | 27250 |
| SHRIRAMFIN | 617.3 | 610 |
| SIEMENS | 4623.5 | 4800 |
| SJVN | 84.11 | 87.5 |
| SOLARINDS | 8710.6 | 9000 |
| SONACOMS | 493.9 | 500 |
| SRF | 2795.4 | 2800 |
| SUNPHARMA | 1593.25 | 1640 |
| SUPREMEIND | 3329 | 3500 |
| SYNGENE | 652.4 | 700 |
| TATACHEM | 777.35 | 840 |
| TATACOMM | 1352.5 | 1400 |
| TATACONSUM | 963.7 | 1000 |
| TATAELXSI | 5411.1 | 5500 |
| TATAMOTORS | 620.65 | 660 |
| TATAPOWER | 339.2 | 360 |
| TATASTEEL | 137.2 | 140 |
| TCS | 3483.25 | 3650 |
| TECHM | 1487.85 | 1560 |
| TIINDIA | 2462.15 | 2600 |
| TITAN | 3077.25 | 3200 |
| TORNTPHARM | 2948.1 | 3000 |
| TORNTPOWER | 1262.95 | 1300 |
| TRENT | 4851.55 | 5000 |
| TVSMOTOR | 2225.5 | 2320 |
| ULTRACEMCO | 10128.45 | 10500 |
| UNIONBANK | 112.1 | 115 |
| UNITDSPR | 1284.45 | 1300 |
| UPL | 632.95 | 640 |
| USDINR | 0 | 77.25 |
| VBL | 436.05 | 470 |
| VEDL | 394.75 | 430 |
| VOLTAS | 1320.1 | 1300 |
| WIPRO | 277.65 | 290 |
| YESBANK | 16.75 | 18 |
| ZOMATO | 222.1 | 230 |
| ZYDUSLIFE | 876.6 | 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.
