ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
26 Dec 2024 04:11 PM IST
Max Pain for ADANIENT is 2500
Strike 1720 has a total call value of 0 versus a total put value of 501,234,600,000 Combined total value = 501,234,600,000
Strike 1740 has a total call value of 0 versus a total put value of 487,455,000,000 Combined total value = 487,455,000,000
Strike 1760 has a total call value of 0 versus a total put value of 473,726,400,000 Combined total value = 473,726,400,000
Strike 1780 has a total call value of 0 versus a total put value of 460,019,400,000 Combined total value = 460,019,400,000
Strike 1800 has a total call value of 0 versus a total put value of 446,312,400,000 Combined total value = 446,312,400,000
Strike 1820 has a total call value of 0 versus a total put value of 432,787,200,000 Combined total value = 432,787,200,000
Strike 1840 has a total call value of 0 versus a total put value of 419,262,000,000 Combined total value = 419,262,000,000
Strike 1860 has a total call value of 0 versus a total put value of 405,769,200,000 Combined total value = 405,769,200,000
Strike 1880 has a total call value of 0 versus a total put value of 392,276,400,000 Combined total value = 392,276,400,000
Strike 1900 has a total call value of 0 versus a total put value of 378,818,400,000 Combined total value = 378,818,400,000
Strike 1920 has a total call value of 0 versus a total put value of 365,481,000,000 Combined total value = 365,481,000,000
Strike 1940 has a total call value of 0 versus a total put value of 352,167,600,000 Combined total value = 352,167,600,000
Strike 1960 has a total call value of 0 versus a total put value of 338,952,600,000 Combined total value = 338,952,600,000
Strike 1980 has a total call value of 0 versus a total put value of 325,782,600,000 Combined total value = 325,782,600,000
Strike 2000 has a total call value of 0 versus a total put value of 312,625,200,000 Combined total value = 312,625,200,000
Strike 2020 has a total call value of 33,000,000 versus a total put value of 299,855,400,000 Combined total value = 299,888,400,000
Strike 2040 has a total call value of 66,000,000 versus a total put value of 287,179,200,000 Combined total value = 287,245,200,000
Strike 2060 has a total call value of 99,000,000 versus a total put value of 274,548,600,000 Combined total value = 274,647,600,000
Strike 2080 has a total call value of 132,000,000 versus a total put value of 261,942,600,000 Combined total value = 262,074,600,000
Strike 2100 has a total call value of 165,000,000 versus a total put value of 249,368,400,000 Combined total value = 249,533,400,000
Strike 2120 has a total call value of 198,000,000 versus a total put value of 237,380,400,000 Combined total value = 237,578,400,000
Strike 2140 has a total call value of 231,000,000 versus a total put value of 225,422,400,000 Combined total value = 225,653,400,000
Strike 2160 has a total call value of 276,600,000 versus a total put value of 213,541,200,000 Combined total value = 213,817,800,000
Strike 2180 has a total call value of 322,200,000 versus a total put value of 201,845,400,000 Combined total value = 202,167,600,000
Strike 2200 has a total call value of 367,800,000 versus a total put value of 190,185,600,000 Combined total value = 190,553,400,000
Strike 2220 has a total call value of 554,400,000 versus a total put value of 179,044,200,000 Combined total value = 179,598,600,000
Strike 2240 has a total call value of 741,000,000 versus a total put value of 168,120,600,000 Combined total value = 168,861,600,000
Strike 2260 has a total call value of 949,800,000 versus a total put value of 157,459,200,000 Combined total value = 158,409,000,000
Strike 2280 has a total call value of 1,158,600,000 versus a total put value of 147,171,600,000 Combined total value = 148,330,200,000
Strike 2300 has a total call value of 1,482,000,000 versus a total put value of 137,160,000,000 Combined total value = 138,642,000,000
Strike 2320 has a total call value of 1,929,600,000 versus a total put value of 128,625,600,000 Combined total value = 130,555,200,000
Strike 2340 has a total call value of 2,441,400,000 versus a total put value of 120,231,000,000 Combined total value = 122,672,400,000
Strike 2360 has a total call value of 3,059,400,000 versus a total put value of 111,994,200,000 Combined total value = 115,053,600,000
Strike 2380 has a total call value of 3,927,600,000 versus a total put value of 104,041,800,000 Combined total value = 107,969,400,000
Strike 2400 has a total call value of 5,120,400,000 versus a total put value of 96,411,600,000 Combined total value = 101,532,000,000
Strike 2420 has a total call value of 7,036,200,000 versus a total put value of 89,589,600,000 Combined total value = 96,625,800,000
Strike 2440 has a total call value of 9,156,600,000 versus a total put value of 82,826,400,000 Combined total value = 91,983,000,000
Strike 2460 has a total call value of 11,624,400,000 versus a total put value of 76,260,000,000 Combined total value = 87,884,400,000
Strike 2480 has a total call value of 14,624,400,000 versus a total put value of 70,043,400,000 Combined total value = 84,667,800,000
Strike 2500 has a total call value of 18,117,000,000 versus a total put value of 64,327,800,000 Combined total value = 82,444,800,000
Strike 2520 has a total call value of 23,739,000,000 versus a total put value of 60,155,400,000 Combined total value = 83,894,400,000
Strike 2540 has a total call value of 29,815,800,000 versus a total put value of 56,408,400,000 Combined total value = 86,224,200,000
Strike 2560 has a total call value of 36,318,600,000 versus a total put value of 52,880,400,000 Combined total value = 89,199,000,000
Strike 2580 has a total call value of 43,088,400,000 versus a total put value of 49,650,000,000 Combined total value = 92,738,400,000
Strike 2600 has a total call value of 50,100,600,000 versus a total put value of 46,579,200,000 Combined total value = 96,679,800,000
Strike 2620 has a total call value of 58,390,200,000 versus a total put value of 43,860,000,000 Combined total value = 102,250,200,000
Strike 2640 has a total call value of 66,850,200,000 versus a total put value of 41,140,800,000 Combined total value = 107,991,000,000
Strike 2660 has a total call value of 75,444,000,000 versus a total put value of 38,505,600,000 Combined total value = 113,949,600,000
Strike 2680 has a total call value of 84,250,200,000 versus a total put value of 35,923,200,000 Combined total value = 120,173,400,000
Strike 2700 has a total call value of 93,125,400,000 versus a total put value of 33,393,600,000 Combined total value = 126,519,000,000
Strike 2720 has a total call value of 102,974,400,000 versus a total put value of 31,003,200,000 Combined total value = 133,977,600,000
Strike 2740 has a total call value of 113,032,200,000 versus a total put value of 28,612,800,000 Combined total value = 141,645,000,000
Strike 2760 has a total call value of 123,155,400,000 versus a total put value of 26,222,400,000 Combined total value = 149,377,800,000
Strike 2780 has a total call value of 133,549,800,000 versus a total put value of 23,832,000,000 Combined total value = 157,381,800,000
Strike 2800 has a total call value of 144,138,000,000 versus a total put value of 21,471,600,000 Combined total value = 165,609,600,000
Strike 2820 has a total call value of 155,622,000,000 versus a total put value of 19,213,800,000 Combined total value = 174,835,800,000
Strike 2840 has a total call value of 167,181,000,000 versus a total put value of 17,163,000,000 Combined total value = 184,344,000,000
Strike 2860 has a total call value of 178,838,400,000 versus a total put value of 15,112,800,000 Combined total value = 193,951,200,000
Strike 2880 has a total call value of 190,675,200,000 versus a total put value of 13,062,600,000 Combined total value = 203,737,800,000
Strike 2900 has a total call value of 202,761,600,000 versus a total put value of 11,022,600,000 Combined total value = 213,784,200,000
Strike 2920 has a total call value of 215,694,000,000 versus a total put value of 9,377,400,000 Combined total value = 225,071,400,000
Strike 2940 has a total call value of 228,626,400,000 versus a total put value of 7,732,200,000 Combined total value = 236,358,600,000
Strike 2960 has a total call value of 241,635,600,000 versus a total put value of 6,087,000,000 Combined total value = 247,722,600,000
Strike 2980 has a total call value of 254,675,400,000 versus a total put value of 4,457,400,000 Combined total value = 259,132,800,000
Strike 3000 has a total call value of 267,821,400,000 versus a total put value of 2,827,800,000 Combined total value = 270,649,200,000
Strike 3020 has a total call value of 282,819,000,000 versus a total put value of 2,612,400,000 Combined total value = 285,431,400,000
Strike 3040 has a total call value of 297,849,600,000 versus a total put value of 2,397,000,000 Combined total value = 300,246,600,000
Strike 3060 has a total call value of 312,910,200,000 versus a total put value of 2,181,600,000 Combined total value = 315,091,800,000
Strike 3080 has a total call value of 327,970,800,000 versus a total put value of 1,966,200,000 Combined total value = 329,937,000,000
Strike 3100 has a total call value of 343,042,800,000 versus a total put value of 1,750,800,000 Combined total value = 344,793,600,000
Strike 3120 has a total call value of 358,528,200,000 versus a total put value of 1,595,400,000 Combined total value = 360,123,600,000
Strike 3140 has a total call value of 374,013,600,000 versus a total put value of 1,440,000,000 Combined total value = 375,453,600,000
Strike 3160 has a total call value of 389,499,000,000 versus a total put value of 1,284,600,000 Combined total value = 390,783,600,000
Strike 3180 has a total call value of 404,984,400,000 versus a total put value of 1,129,200,000 Combined total value = 406,113,600,000
Strike 3200 has a total call value of 420,469,800,000 versus a total put value of 973,800,000 Combined total value = 421,443,600,000
Strike 3220 has a total call value of 436,215,000,000 versus a total put value of 833,400,000 Combined total value = 437,048,400,000
Strike 3240 has a total call value of 451,960,200,000 versus a total put value of 693,000,000 Combined total value = 452,653,200,000
Strike 3260 has a total call value of 467,705,400,000 versus a total put value of 552,600,000 Combined total value = 468,258,000,000
Strike 3280 has a total call value of 483,450,600,000 versus a total put value of 412,200,000 Combined total value = 483,862,800,000
Strike 3300 has a total call value of 499,195,800,000 versus a total put value of 271,800,000 Combined total value = 499,467,600,000
Strike 3320 has a total call value of 515,044,800,000 versus a total put value of 228,000,000 Combined total value = 515,272,800,000
Strike 3340 has a total call value of 530,893,800,000 versus a total put value of 184,200,000 Combined total value = 531,078,000,000
Strike 3360 has a total call value of 546,742,800,000 versus a total put value of 140,400,000 Combined total value = 546,883,200,000
Strike 3380 has a total call value of 562,591,800,000 versus a total put value of 96,600,000 Combined total value = 562,688,400,000
Strike 3400 has a total call value of 578,440,800,000 versus a total put value of 52,800,000 Combined total value = 578,493,600,000
Strike 3420 has a total call value of 594,321,000,000 versus a total put value of 39,600,000 Combined total value = 594,360,600,000
Strike 3440 has a total call value of 610,201,200,000 versus a total put value of 26,400,000 Combined total value = 610,227,600,000
Strike 3460 has a total call value of 626,081,400,000 versus a total put value of 13,200,000 Combined total value = 626,094,600,000
Strike 3480 has a total call value of 641,961,600,000 versus a total put value of 0 Combined total value = 641,961,600,000
Strike 3500 has a total call value of 657,850,200,000 versus a total put value of 0 Combined total value = 657,850,200,000
Strike 3520 has a total call value of 673,738,800,000 versus a total put value of 0 Combined total value = 673,738,800,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 413.25 | 440 |
| ABB | 6945.3 | 7300 |
| ABBOTINDIA | 28597 | 28000 |
| ABCAPITAL | 184.35 | 197.5 |
| ABFRL | 282.3 | 300 |
| ACC | 2087.65 | 2240 |
| ADANIENSOL | 792.3 | 800 |
| ADANIENT | 2400.25 | 2500 |
| ADANIGREEN | 1064.25 | 1100 |
| ADANIPORTS | 1243.95 | 1260 |
| ALKEM | 5408.6 | 5400 |
| AMBUJACEM | 548.8 | 550 |
| ANGELONE | 2903.95 | 3100 |
| APLAPOLLO | 1497.2 | 1540 |
| APOLLOHOSP | 7261.15 | 7200 |
| APOLLOTYRE | 542.25 | 530 |
| ASHOKLEY | 220.14 | 227.5 |
| ASIANPAINT | 2262.4 | 2400 |
| ASTRAL | 1671.5 | 1780 |
| ATGL | 672 | 710 |
| ATUL | 7097.35 | 7200 |
| AUBANK | 548.3 | 580 |
| AUROPHARMA | 1256.25 | 1240 |
| AXISBANK | 1076.7 | 1130 |
| BAJAJ-AUTO | 8878.5 | 9000 |
| BAJAJFINSV | 1559.3 | 1640 |
| BAJFINANCE | 6815.75 | 6900 |
| BALKRISIND | 2824.7 | 2800 |
| BANDHANBNK | 161.47 | 170 |
| BANKBARODA | 246.68 | 252.5 |
| BANKINDIA | 103.17 | 120 |
| BATAINDIA | 1350.45 | 1390 |
| BEL | 295.2 | 310 |
| BERGEPAINT | 441 | 460 |
| BHARATFORG | 1314.25 | 1340 |
| BHARTIARTL | 1599.5 | 1600 |
| BHEL | 241.75 | 250 |
| BIOCON | 346.45 | 355 |
| BOSCHLTD | 34190.1 | 35000 |
| BPCL | 295.6 | 300 |
| BRITANNIA | 4761.65 | 4800 |
| BSE | 5442.35 | 5100 |
| BSOFT | 570.25 | 600 |
| CAMS | 4964 | 5100 |
| CANBK | 101.03 | 106 |
| CANFINHOME | 723.95 | 780 |
| CDSL | 1806.65 | 1840 |
| CESC | 184.82 | 190 |
| CGPOWER | 743.75 | 760 |
| CHAMBLFERT | 500.4 | 520 |
| CHOLAFIN | 1189.35 | 1240 |
| CIPLA | 1490.55 | 1480 |
| COALINDIA | 386.6 | 415 |
| COFORGE | 9493.25 | 9100 |
| COLPAL | 2719.2 | 2850 |
| CONCOR | 776.35 | 830 |
| COROMANDEL | 1845.05 | 1800 |
| CROMPTON | 393.6 | 405 |
| CUB | 173.54 | 180 |
| CUMMINSIND | 3364.25 | 3500 |
| CYIENT | 1928.35 | 2000 |
| DABUR | 505.6 | 510 |
| DALBHARAT | 1738.55 | 1860 |
| DEEPAKNTR | 2571.25 | 2700 |
| DELHIVERY | 350.95 | 370 |
| DIVISLAB | 5886.75 | 6000 |
| DIXON | 18038.15 | 17750 |
| DLF | 838.7 | 840 |
| DMART | 3511.65 | 3700 |
| DRREDDY | 1355.15 | 1300 |
| EICHERMOT | 4801.35 | 4800 |
| ESCORTS | 3151.1 | 3300 |
| EXIDEIND | 418.3 | 450 |
| FEDERALBNK | 197.68 | 207.5 |
| GAIL | 197.63 | 200 |
| GLENMARK | 1541.45 | 1540 |
| GMRAIRPORT | 79.04 | 85 |
| GMRINFRA | 0 | 38 |
| GNFC | 575.5 | 620 |
| GODREJCP | 1071.2 | 1120 |
| GODREJPROP | 2855.75 | 2900 |
| GRANULES | 592.95 | 580 |
| GRASIM | 2482.05 | 2600 |
| GUJGASLTD | 509 | 490 |
| HAL | 4229.2 | 4500 |
| HAVELLS | 1676.4 | 1700 |
| HCLTECH | 1900.75 | 1900 |
| HDFCAMC | 4269.45 | 4400 |
| HDFCBANK | 1790.75 | 1800 |
| HDFCLIFE | 626.4 | 640 |
| HEROMOTOCO | 4275 | 4600 |
| HFCL | 114.67 | 122.5 |
| HINDALCO | 628.75 | 660 |
| HINDCOPPER | 263.2 | 290 |
| HINDPETRO | 419.3 | 400 |
| HINDUNILVR | 2332.75 | 2400 |
| HUDCO | 227.58 | 240 |
| ICICIBANK | 1297.35 | 1320 |
| ICICIGI | 1861.15 | 1900 |
| ICICIPRULI | 668.1 | 670 |
| IDEA | 7.56 | 8 |
| IDFCFIRSTB | 61.75 | 66 |
| IEX | 180.17 | 180 |
| IGL | 390.5 | 380 |
| INDHOTEL | 868.3 | 830 |
| INDIAMART | 2231.5 | 2350 |
| INDIANB | 543.8 | 580 |
| INDIGO | 4725 | 4500 |
| INDUSINDBK | 931.95 | 980 |
| INDUSTOWER | 332.35 | 350 |
| INFY | 1907.4 | 1900 |
| IOC | 137.85 | 145 |
| IPCALAB | 1594.4 | 1560 |
| IRB | 55.87 | 57 |
| IRCTC | 782.4 | 840 |
| IRFC | 146.89 | 155 |
| ITC | 476.95 | 470 |
| JINDALSTEL | 941.35 | 950 |
| JIOFIN | 305.55 | 320 |
| JKCEMENT | 4595 | 4600 |
| JSL | 733.85 | 720 |
| JSWENERGY | 636.5 | 660 |
| JSWSTEEL | 914.45 | 950 |
| JUBLFOOD | 703.9 | 680 |
| KALYANKJIL | 726.45 | 740 |
| KEI | 4320.25 | 4400 |
| KOTAKBANK | 1752.8 | 1780 |
| KPITTECH | 1452.2 | 1480 |
| LALPATHLAB | 2954.55 | 3050 |
| LAURUSLABS | 570.6 | 570 |
| LICHSGFIN | 588.2 | 620 |
| LICI | 891.9 | 940 |
| LODHA | 1414.05 | 1440 |
| LT | 3629.5 | 3750 |
| LTF | 136.82 | 145 |
| LTIM | 5752.35 | 6100 |
| LTTS | 4668.05 | 5100 |
| LUPIN | 2182.1 | 2100 |
| M&M | 2975.65 | 3000 |
| M&MFIN | 265.6 | 275 |
| MANAPPURAM | 184.29 | 167.5 |
| MARICO | 632.6 | 640 |
| MARUTI | 10896 | 11000 |
| MAXHEALTH | 1155.7 | 1100 |
| MCX | 6352.65 | 6500 |
| METROPOLIS | 2028.1 | 2100 |
| MFSL | 1114.2 | 1140 |
| MGL | 1238.95 | 1260 |
| MOTHERSON | 156.4 | 165 |
| MPHASIS | 2908.45 | 3050 |
| MRF | 131204.2 | 130000 |
| MUTHOOTFIN | 2062.5 | 2020 |
| NATIONALUM | 217.07 | 230 |
| NAUKRI | 8667.5 | 8600 |
| NAVINFLUOR | 3326.3 | 3500 |
| NCC | 284.5 | 300 |
| NESTLEIND | 2149.9 | 2220 |
| NHPC | 82.04 | 85 |
| NMDC | 214.45 | 230 |
| NTPC | 334.65 | 350 |
| NYKAA | 160.85 | 165 |
| OBEROIRLTY | 2322.65 | 2200 |
| OFSS | 12279.6 | 12250 |
| OIL | 427.05 | 450 |
| ONGC | 240.25 | 254 |
| PAGEIND | 47083.35 | 47500 |
| PAYTM | 1002.35 | 980 |
| PEL | 1098.45 | 1160 |
| PERSISTENT | 6395.8 | 6300 |
| PETRONET | 344.75 | 338 |
| PFC | 463.25 | 480 |
| PIDILITIND | 2932.45 | 3060 |
| PIIND | 3746 | 4050 |
| PNB | 102.16 | 105 |
| POLICYBZR | 2037.2 | 2000 |
| POLYCAB | 7144.6 | 7200 |
| POONAWALLA | 320.45 | 340 |
| POWERGRID | 310.3 | 325 |
| PRESTIGE | 1751.8 | 1800 |
| PVRINOX | 1336.85 | 1500 |
| RAMCOCEM | 976.55 | 1000 |
| RBLBANK | 162.41 | 162.5 |
| RECLTD | 519.1 | 530 |
| RELIANCE | 1216.55 | 1270 |
| SAIL | 117.59 | 127.5 |
| SBICARD | 679.2 | 710 |
| SBILIFE | 1409.05 | 1420 |
| SBIN | 812.45 | 840 |
| SHREECEM | 26342.7 | 27000 |
| SHRIRAMFIN | 2926.9 | 3050 |
| SIEMENS | 6705.55 | 7200 |
| SJVN | 108.87 | 117.5 |
| SONACOMS | 593.55 | 620 |
| SRF | 2262.15 | 2300 |
| SUNPHARMA | 1841.35 | 1820 |
| SUNTV | 686.45 | 730 |
| SUPREMEIND | 4756.55 | 4900 |
| SYNGENE | 846.6 | 870 |
| TATACHEM | 1057.65 | 1100 |
| TATACOMM | 1733.35 | 1800 |
| TATACONSUM | 900.95 | 930 |
| TATAELXSI | 6896.2 | 7200 |
| TATAMOTORS | 740.8 | 770 |
| TATAPOWER | 404.3 | 420 |
| TATASTEEL | 140.36 | 145 |
| TCS | 4169.1 | 4300 |
| TECHM | 1698.7 | 1760 |
| TIINDIA | 3636.9 | 3700 |
| TITAN | 3323.05 | 3400 |
| TORNTPHARM | 3421.35 | 3400 |
| TRENT | 7063.7 | 6900 |
| TVSMOTOR | 2438.55 | 2500 |
| UBL | 2015.1 | 2000 |
| ULTRACEMCO | 11460.65 | 11400 |
| UNIONBANK | 119.05 | 125 |
| UNITDSPR | 1566.95 | 1560 |
| UPL | 499.65 | 537.2 |
| VBL | 624.1 | 640 |
| VEDL | 460.45 | 480 |
| VOLTAS | 1711.3 | 1740 |
| WIPRO | 305.05 | 300 |
| YESBANK | 19.8 | 21 |
| ZOMATO | 273.2 | 280 |
| ZYDUSLIFE | 957.65 | 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.
