ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
03 Dec 2024 04:11 PM IST
Max Pain for ADANIENT is 2540
Strike 1720 has a total call value of 0 versus a total put value of 822,016,200,000 Combined total value = 822,016,200,000
Strike 1740 has a total call value of 0 versus a total put value of 801,354,000,000 Combined total value = 801,354,000,000
Strike 1760 has a total call value of 0 versus a total put value of 780,780,600,000 Combined total value = 780,780,600,000
Strike 1780 has a total call value of 0 versus a total put value of 760,248,600,000 Combined total value = 760,248,600,000
Strike 1800 has a total call value of 0 versus a total put value of 739,716,600,000 Combined total value = 739,716,600,000
Strike 1820 has a total call value of 0 versus a total put value of 719,529,000,000 Combined total value = 719,529,000,000
Strike 1840 has a total call value of 0 versus a total put value of 699,341,400,000 Combined total value = 699,341,400,000
Strike 1860 has a total call value of 0 versus a total put value of 679,289,400,000 Combined total value = 679,289,400,000
Strike 1880 has a total call value of 0 versus a total put value of 659,237,400,000 Combined total value = 659,237,400,000
Strike 1900 has a total call value of 0 versus a total put value of 639,185,400,000 Combined total value = 639,185,400,000
Strike 1920 has a total call value of 0 versus a total put value of 619,322,400,000 Combined total value = 619,322,400,000
Strike 1940 has a total call value of 0 versus a total put value of 599,479,800,000 Combined total value = 599,479,800,000
Strike 1960 has a total call value of 0 versus a total put value of 579,777,600,000 Combined total value = 579,777,600,000
Strike 1980 has a total call value of 0 versus a total put value of 560,147,400,000 Combined total value = 560,147,400,000
Strike 2000 has a total call value of 0 versus a total put value of 540,549,600,000 Combined total value = 540,549,600,000
Strike 2020 has a total call value of 62,400,000 versus a total put value of 522,006,000,000 Combined total value = 522,068,400,000
Strike 2040 has a total call value of 124,800,000 versus a total put value of 503,581,200,000 Combined total value = 503,706,000,000
Strike 2060 has a total call value of 187,200,000 versus a total put value of 485,216,400,000 Combined total value = 485,403,600,000
Strike 2080 has a total call value of 249,600,000 versus a total put value of 466,941,600,000 Combined total value = 467,191,200,000
Strike 2100 has a total call value of 312,000,000 versus a total put value of 448,812,600,000 Combined total value = 449,124,600,000
Strike 2120 has a total call value of 442,200,000 versus a total put value of 431,367,000,000 Combined total value = 431,809,200,000
Strike 2140 has a total call value of 572,400,000 versus a total put value of 413,996,400,000 Combined total value = 414,568,800,000
Strike 2160 has a total call value of 702,600,000 versus a total put value of 396,730,200,000 Combined total value = 397,432,800,000
Strike 2180 has a total call value of 875,400,000 versus a total put value of 379,551,600,000 Combined total value = 380,427,000,000
Strike 2200 has a total call value of 1,078,200,000 versus a total put value of 362,445,600,000 Combined total value = 363,523,800,000
Strike 2220 has a total call value of 1,624,800,000 versus a total put value of 346,440,000,000 Combined total value = 348,064,800,000
Strike 2240 has a total call value of 2,171,400,000 versus a total put value of 330,507,000,000 Combined total value = 332,678,400,000
Strike 2260 has a total call value of 2,755,800,000 versus a total put value of 314,727,600,000 Combined total value = 317,483,400,000
Strike 2280 has a total call value of 3,383,400,000 versus a total put value of 299,051,400,000 Combined total value = 302,434,800,000
Strike 2300 has a total call value of 4,199,400,000 versus a total put value of 283,575,600,000 Combined total value = 287,775,000,000
Strike 2320 has a total call value of 5,513,400,000 versus a total put value of 269,317,800,000 Combined total value = 274,831,200,000
Strike 2340 has a total call value of 7,013,400,000 versus a total put value of 255,223,800,000 Combined total value = 262,237,200,000
Strike 2360 has a total call value of 8,578,200,000 versus a total put value of 241,261,200,000 Combined total value = 249,839,400,000
Strike 2380 has a total call value of 10,385,400,000 versus a total put value of 227,814,600,000 Combined total value = 238,200,000,000
Strike 2400 has a total call value of 12,246,600,000 versus a total put value of 214,526,400,000 Combined total value = 226,773,000,000
Strike 2420 has a total call value of 15,161,400,000 versus a total put value of 202,860,600,000 Combined total value = 218,022,000,000
Strike 2440 has a total call value of 18,244,800,000 versus a total put value of 191,368,200,000 Combined total value = 209,613,000,000
Strike 2460 has a total call value of 21,597,600,000 versus a total put value of 180,145,200,000 Combined total value = 201,742,800,000
Strike 2480 has a total call value of 25,516,800,000 versus a total put value of 169,328,400,000 Combined total value = 194,845,200,000
Strike 2500 has a total call value of 29,725,800,000 versus a total put value of 158,953,200,000 Combined total value = 188,679,000,000
Strike 2520 has a total call value of 36,775,200,000 versus a total put value of 150,216,000,000 Combined total value = 186,991,200,000
Strike 2540 has a total call value of 44,383,800,000 versus a total put value of 141,829,800,000 Combined total value = 186,213,600,000
Strike 2560 has a total call value of 52,546,800,000 versus a total put value of 133,718,400,000 Combined total value = 186,265,200,000
Strike 2580 has a total call value of 61,137,000,000 versus a total put value of 125,899,800,000 Combined total value = 187,036,800,000
Strike 2600 has a total call value of 69,892,200,000 versus a total put value of 118,276,200,000 Combined total value = 188,168,400,000
Strike 2620 has a total call value of 81,247,200,000 versus a total put value of 111,254,400,000 Combined total value = 192,501,600,000
Strike 2640 has a total call value of 92,704,200,000 versus a total put value of 104,259,600,000 Combined total value = 196,963,800,000
Strike 2660 has a total call value of 104,287,200,000 versus a total put value of 97,354,800,000 Combined total value = 201,642,000,000
Strike 2680 has a total call value of 116,009,400,000 versus a total put value of 90,511,200,000 Combined total value = 206,520,600,000
Strike 2700 has a total call value of 127,856,400,000 versus a total put value of 83,723,400,000 Combined total value = 211,579,800,000
Strike 2720 has a total call value of 141,249,000,000 versus a total put value of 77,158,200,000 Combined total value = 218,407,200,000
Strike 2740 has a total call value of 154,778,400,000 versus a total put value of 70,623,000,000 Combined total value = 225,401,400,000
Strike 2760 has a total call value of 168,459,000,000 versus a total put value of 64,099,200,000 Combined total value = 232,558,200,000
Strike 2780 has a total call value of 182,256,600,000 versus a total put value of 57,641,400,000 Combined total value = 239,898,000,000
Strike 2800 has a total call value of 196,177,800,000 versus a total put value of 51,183,600,000 Combined total value = 247,361,400,000
Strike 2820 has a total call value of 211,983,000,000 versus a total put value of 45,069,000,000 Combined total value = 257,052,000,000
Strike 2840 has a total call value of 227,907,600,000 versus a total put value of 39,162,000,000 Combined total value = 267,069,600,000
Strike 2860 has a total call value of 243,989,400,000 versus a total put value of 33,255,000,000 Combined total value = 277,244,400,000
Strike 2880 has a total call value of 260,176,200,000 versus a total put value of 27,348,000,000 Combined total value = 287,524,200,000
Strike 2900 has a total call value of 276,487,800,000 versus a total put value of 21,441,000,000 Combined total value = 297,928,800,000
Strike 2920 has a total call value of 294,292,200,000 versus a total put value of 17,239,200,000 Combined total value = 311,531,400,000
Strike 2940 has a total call value of 312,209,400,000 versus a total put value of 13,037,400,000 Combined total value = 325,246,800,000
Strike 2960 has a total call value of 330,187,200,000 versus a total put value of 8,835,600,000 Combined total value = 339,022,800,000
Strike 2980 has a total call value of 348,208,800,000 versus a total put value of 4,633,800,000 Combined total value = 352,842,600,000
Strike 3000 has a total call value of 366,273,600,000 versus a total put value of 432,000,000 Combined total value = 366,705,600,000
Strike 3020 has a total call value of 387,784,200,000 versus a total put value of 414,000,000 Combined total value = 388,198,200,000
Strike 3040 has a total call value of 409,347,000,000 versus a total put value of 396,000,000 Combined total value = 409,743,000,000
Strike 3060 has a total call value of 430,972,800,000 versus a total put value of 378,000,000 Combined total value = 431,350,800,000
Strike 3080 has a total call value of 452,598,600,000 versus a total put value of 360,000,000 Combined total value = 452,958,600,000
Strike 3100 has a total call value of 474,224,400,000 versus a total put value of 342,000,000 Combined total value = 474,566,400,000
Strike 3120 has a total call value of 496,401,600,000 versus a total put value of 324,000,000 Combined total value = 496,725,600,000
Strike 3140 has a total call value of 518,578,800,000 versus a total put value of 306,000,000 Combined total value = 518,884,800,000
Strike 3160 has a total call value of 540,756,000,000 versus a total put value of 288,000,000 Combined total value = 541,044,000,000
Strike 3180 has a total call value of 562,933,200,000 versus a total put value of 270,000,000 Combined total value = 563,203,200,000
Strike 3200 has a total call value of 585,110,400,000 versus a total put value of 252,000,000 Combined total value = 585,362,400,000
Strike 3220 has a total call value of 607,912,800,000 versus a total put value of 234,000,000 Combined total value = 608,146,800,000
Strike 3240 has a total call value of 630,715,200,000 versus a total put value of 216,000,000 Combined total value = 630,931,200,000
Strike 3260 has a total call value of 653,517,600,000 versus a total put value of 198,000,000 Combined total value = 653,715,600,000
Strike 3280 has a total call value of 676,320,000,000 versus a total put value of 180,000,000 Combined total value = 676,500,000,000
Strike 3300 has a total call value of 699,122,400,000 versus a total put value of 162,000,000 Combined total value = 699,284,400,000
Strike 3320 has a total call value of 722,208,000,000 versus a total put value of 144,000,000 Combined total value = 722,352,000,000
Strike 3340 has a total call value of 745,293,600,000 versus a total put value of 126,000,000 Combined total value = 745,419,600,000
Strike 3360 has a total call value of 768,379,200,000 versus a total put value of 108,000,000 Combined total value = 768,487,200,000
Strike 3380 has a total call value of 791,464,800,000 versus a total put value of 90,000,000 Combined total value = 791,554,800,000
Strike 3400 has a total call value of 814,550,400,000 versus a total put value of 72,000,000 Combined total value = 814,622,400,000
Strike 3420 has a total call value of 837,702,000,000 versus a total put value of 54,000,000 Combined total value = 837,756,000,000
Strike 3440 has a total call value of 860,853,600,000 versus a total put value of 36,000,000 Combined total value = 860,889,600,000
Strike 3460 has a total call value of 884,005,200,000 versus a total put value of 18,000,000 Combined total value = 884,023,200,000
Strike 3480 has a total call value of 907,156,800,000 versus a total put value of 0 Combined total value = 907,156,800,000
Strike 3500 has a total call value of 930,323,400,000 versus a total put value of 0 Combined total value = 930,323,400,000
Strike 3520 has a total call value of 953,490,000,000 versus a total put value of 0 Combined total value = 953,490,000,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 445.1 | 460 |
| ABB | 7537.55 | 7500 |
| ABBOTINDIA | 28441.05 | 28000 |
| ABCAPITAL | 199.47 | 200 |
| ABFRL | 316.3 | 320 |
| ACC | 2291.7 | 2300 |
| ADANIENSOL | 801.85 | 800 |
| ADANIENT | 2514.2 | 2540 |
| ADANIGREEN | 1312.8 | 1300 |
| ADANIPORTS | 1288.65 | 1240 |
| ALKEM | 5637.35 | 5600 |
| AMBUJACEM | 566.55 | 550 |
| ANGELONE | 3077.05 | 3000 |
| APLAPOLLO | 1556.8 | 1500 |
| APOLLOHOSP | 7126.55 | 7000 |
| APOLLOTYRE | 521.45 | 510 |
| ASHOKLEY | 235.18 | 230 |
| ASIANPAINT | 2469.4 | 2500 |
| ASTRAL | 1845.7 | 1840 |
| ATGL | 766.25 | 780 |
| ATUL | 7396.45 | 7300 |
| AUBANK | 594.85 | 590 |
| AUROPHARMA | 1264.3 | 1260 |
| AXISBANK | 1160.5 | 1150 |
| BAJAJ-AUTO | 9161.8 | 9200 |
| BAJAJFINSV | 1607.1 | 1600 |
| BAJFINANCE | 6675.45 | 6800 |
| BALKRISIND | 2842.2 | 2800 |
| BANDHANBNK | 175.27 | 175 |
| BANKBARODA | 254.55 | 250 |
| BANKINDIA | 114.02 | 110 |
| BATAINDIA | 1425.9 | 1400 |
| BEL | 312.1 | 305 |
| BERGEPAINT | 482.15 | 490 |
| BHARATFORG | 1350.4 | 1340 |
| BHARTIARTL | 1620.55 | 1600 |
| BHEL | 252.35 | 250 |
| BIOCON | 373.85 | 365 |
| BOSCHLTD | 34923.7 | 35000 |
| BPCL | 294.25 | 295 |
| BRITANNIA | 4909.6 | 4950 |
| BSE | 4513.8 | 4600 |
| BSOFT | 601.45 | 600 |
| CAMS | 5120.2 | 5000 |
| CANBK | 105.12 | 104 |
| CANFINHOME | 834.6 | 830 |
| CDSL | 1663.9 | 1660 |
| CESC | 184.28 | 180 |
| CGPOWER | 761.3 | 750 |
| CHAMBLFERT | 525.1 | 510 |
| CHOLAFIN | 1253.65 | 1260 |
| CIPLA | 1533.9 | 1540 |
| COALINDIA | 422.1 | 420 |
| COFORGE | 8718.25 | 8600 |
| COLPAL | 2896.25 | 2900 |
| CONCOR | 839.85 | 840 |
| COROMANDEL | 1777.5 | 1780 |
| CROMPTON | 409.15 | 410 |
| CUB | 182.9 | 180 |
| CUMMINSIND | 3512.3 | 3500 |
| CYIENT | 1876.6 | 1600 |
| DABUR | 522.55 | 530 |
| DALBHARAT | 1930.8 | 1880 |
| DEEPAKNTR | 2627 | 2700 |
| DELHIVERY | 341.15 | 340 |
| DIVISLAB | 6210.55 | 6150 |
| DIXON | 16866.45 | 16000 |
| DLF | 846.95 | 830 |
| DMART | 3829.85 | 3750 |
| DRREDDY | 1224.5 | 1220 |
| EICHERMOT | 4844.35 | 4900 |
| ESCORTS | 3517.05 | 3600 |
| EXIDEIND | 455.55 | 450 |
| FEDERALBNK | 209.96 | 210 |
| GAIL | 199.99 | 200 |
| GLENMARK | 1559.4 | 1540 |
| GMRINFRA | 83.61 | 84 |
| GNFC | 637.15 | 640 |
| GODREJCP | 1230.45 | 1240 |
| GODREJPROP | 2862.55 | 2850 |
| GRANULES | 534.15 | 560 |
| GRASIM | 2714 | 2640 |
| GUJGASLTD | 497.8 | 480 |
| HAL | 4518.85 | 4500 |
| HAVELLS | 1757.2 | 1740 |
| HCLTECH | 1890.75 | 1880 |
| HDFCAMC | 4258.3 | 4250 |
| HDFCBANK | 1826.3 | 1800 |
| HDFCLIFE | 634 | 650 |
| HEROMOTOCO | 4697 | 4800 |
| HFCL | 130.18 | 130 |
| HINDALCO | 667.55 | 660 |
| HINDCOPPER | 284.7 | 280 |
| HINDPETRO | 384.55 | 385 |
| HINDUNILVR | 2482.85 | 2500 |
| HUDCO | 235.54 | 230 |
| ICICIBANK | 1308.4 | 1300 |
| ICICIGI | 1896.35 | 1900 |
| ICICIPRULI | 684.2 | 700 |
| IDEA | 8.21 | 8 |
| IDFCFIRSTB | 65.2 | 65 |
| IEX | 178.1 | 177.5 |
| IGL | 361.25 | 340 |
| INDHOTEL | 806.65 | 790 |
| INDIAMART | 2357.55 | 2350 |
| INDIANB | 579.9 | 580 |
| INDIGO | 4405.5 | 4400 |
| INDUSINDBK | 998.35 | 1000 |
| INDUSTOWER | 353.9 | 350 |
| INFY | 1892.1 | 1900 |
| IOC | 139.51 | 140 |
| IPCALAB | 1502.75 | 1540 |
| IRB | 55.04 | 53 |
| IRCTC | 831.85 | 830 |
| IRFC | 148.2 | 147.5 |
| ITC | 472.55 | 475 |
| JINDALSTEL | 925.8 | 910 |
| JIOFIN | 340.35 | 330 |
| JKCEMENT | 4647.4 | 4500 |
| JSL | 716.05 | 700 |
| JSWENERGY | 642.95 | 650 |
| JSWSTEEL | 998.8 | 980 |
| JUBLFOOD | 657.05 | 650 |
| KALYANKJIL | 726.85 | 720 |
| KEI | 4340.25 | 4300 |
| KOTAKBANK | 1749.9 | 1780 |
| KPITTECH | 1430.7 | 1400 |
| LALPATHLAB | 2972.9 | 3050 |
| LAURUSLABS | 580.7 | 560 |
| LICHSGFIN | 635.35 | 640 |
| LICI | 969.75 | 980 |
| LODHA | 1296.3 | 1300 |
| LT | 3787.05 | 3700 |
| LTF | 145.62 | 145 |
| LTIM | 6167 | 6200 |
| LTTS | 5316.55 | 5300 |
| LUPIN | 2081.65 | 2060 |
| M&M | 3027.3 | 3000 |
| M&MFIN | 285.3 | 280 |
| MANAPPURAM | 164.19 | 162.5 |
| MARICO | 641.7 | 640 |
| MARUTI | 11279.25 | 11200 |
| MAXHEALTH | 1034.35 | 1000 |
| MCX | 6216.5 | 6200 |
| METROPOLIS | 2076.35 | 2100 |
| MFSL | 1142.35 | 1140 |
| MGL | 1278.25 | 1240 |
| MOTHERSON | 166.2 | 167.5 |
| MPHASIS | 3018.95 | 3000 |
| MRF | 125585.05 | 125000 |
| MUTHOOTFIN | 1932.8 | 1920 |
| NATIONALUM | 246.87 | 242.5 |
| NAUKRI | 8472.5 | 8300 |
| NAVINFLUOR | 3586.85 | 3550 |
| NCC | 314.5 | 310 |
| NESTLEIND | 2261.7 | 2300 |
| NHPC | 81.98 | 81 |
| NMDC | 235.68 | 235 |
| NTPC | 367.45 | 365 |
| NYKAA | 171.88 | 170 |
| OBEROIRLTY | 2060.35 | 2000 |
| OFSS | 12524.85 | 12000 |
| OIL | 490.3 | 480 |
| ONGC | 262.35 | 259 |
| PAGEIND | 46143.25 | 45500 |
| PAYTM | 902.6 | 900 |
| PEL | 1236.5 | 1200 |
| PERSISTENT | 6041.3 | 6000 |
| PETRONET | 339.3 | 333 |
| PFC | 501.15 | 490 |
| PIDILITIND | 3149 | 3100 |
| PIIND | 4138.1 | 4100 |
| PNB | 107.97 | 106 |
| POLICYBZR | 1926.25 | 1800 |
| POLYCAB | 7412.5 | 7200 |
| POONAWALLA | 348.55 | 350 |
| POWERGRID | 329.65 | 330 |
| PRESTIGE | 1724.15 | 1700 |
| PVRINOX | 1598.3 | 1560 |
| RAMCOCEM | 1040.1 | 1000 |
| RBLBANK | 162.71 | 155 |
| RECLTD | 539.7 | 530 |
| RELIANCE | 1323.3 | 1310 |
| SAIL | 122.79 | 120 |
| SBICARD | 704.4 | 700 |
| SBILIFE | 1440.95 | 1440 |
| SBIN | 853.95 | 840 |
| SHREECEM | 27159.35 | 26750 |
| SHRIRAMFIN | 3155.55 | 3100 |
| SIEMENS | 7731 | 7500 |
| SJVN | 117.03 | 115 |
| SONACOMS | 672.7 | 680 |
| SRF | 2311.25 | 2300 |
| SUNPHARMA | 1800.05 | 1800 |
| SUNTV | 774.5 | 760 |
| SUPREMEIND | 4763 | 4600 |
| SYNGENE | 934.85 | 930 |
| TATACHEM | 1136.4 | 1120 |
| TATACOMM | 1807.9 | 1800 |
| TATACONSUM | 955 | 960 |
| TATAELXSI | 7098.55 | 7000 |
| TATAMOTORS | 801.25 | 800 |
| TATAPOWER | 428.55 | 425 |
| TATASTEEL | 146.54 | 150 |
| TCS | 4302.75 | 4300 |
| TECHM | 1749.5 | 1740 |
| TIINDIA | 3620.15 | 3600 |
| TITAN | 3332.75 | 3300 |
| TORNTPHARM | 3363.1 | 3300 |
| TRENT | 6841.35 | 6800 |
| TVSMOTOR | 2556.2 | 2500 |
| UBL | 1955.85 | 1940 |
| ULTRACEMCO | 11852.35 | 11500 |
| UNIONBANK | 126.06 | 124 |
| UNITDSPR | 1542.95 | 1500 |
| UPL | 563.1 | 556.35 |
| VBL | 621.1 | 610 |
| VEDL | 468.35 | 460 |
| VOLTAS | 1688.15 | 1700 |
| WIPRO | 291.65 | 290 |
| YESBANK | 20.84 | 20 |
| ZOMATO | 279.85 | 270 |
| ZYDUSLIFE | 982.1 | 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.
