ADANIPORTS
Adani Port & Sez Ltd
Max pain for ADANIPORTS
21 Nov 2024 02:30 PM IST
Max Pain for ADANIPORTS is 1200
Strike 840 has a total call value of 0 versus a total put value of 324,988,800,000 Combined total value = 324,988,800,000
Strike 860 has a total call value of 0 versus a total put value of 305,485,600,000 Combined total value = 305,485,600,000
Strike 880 has a total call value of 0 versus a total put value of 286,092,000,000 Combined total value = 286,092,000,000
Strike 900 has a total call value of 0 versus a total put value of 266,750,400,000 Combined total value = 266,750,400,000
Strike 920 has a total call value of 0 versus a total put value of 247,408,800,000 Combined total value = 247,408,800,000
Strike 940 has a total call value of 0 versus a total put value of 228,230,400,000 Combined total value = 228,230,400,000
Strike 960 has a total call value of 17,600,000 versus a total put value of 209,155,200,000 Combined total value = 209,172,800,000
Strike 980 has a total call value of 48,000,000 versus a total put value of 190,330,400,000 Combined total value = 190,378,400,000
Strike 1000 has a total call value of 110,400,000 versus a total put value of 172,121,600,000 Combined total value = 172,232,000,000
Strike 1020 has a total call value of 373,600,000 versus a total put value of 155,740,800,000 Combined total value = 156,114,400,000
Strike 1040 has a total call value of 679,200,000 versus a total put value of 139,639,200,000 Combined total value = 140,318,400,000
Strike 1060 has a total call value of 1,108,800,000 versus a total put value of 123,867,200,000 Combined total value = 124,976,000,000
Strike 1080 has a total call value of 1,911,200,000 versus a total put value of 108,716,000,000 Combined total value = 110,627,200,000
Strike 1100 has a total call value of 3,539,200,000 versus a total put value of 96,058,400,000 Combined total value = 99,597,600,000
Strike 1120 has a total call value of 6,854,400,000 versus a total put value of 84,918,400,000 Combined total value = 91,772,800,000
Strike 1140 has a total call value of 11,005,600,000 versus a total put value of 75,340,800,000 Combined total value = 86,346,400,000
Strike 1160 has a total call value of 16,127,200,000 versus a total put value of 66,462,400,000 Combined total value = 82,589,600,000
Strike 1180 has a total call value of 22,500,800,000 versus a total put value of 58,048,000,000 Combined total value = 80,548,800,000
Strike 1200 has a total call value of 29,439,200,000 versus a total put value of 49,926,400,000 Combined total value = 79,365,600,000
Strike 1220 has a total call value of 38,592,000,000 versus a total put value of 42,762,400,000 Combined total value = 81,354,400,000
Strike 1240 has a total call value of 48,600,000,000 versus a total put value of 35,960,800,000 Combined total value = 84,560,800,000
Strike 1260 has a total call value of 59,209,600,000 versus a total put value of 29,549,600,000 Combined total value = 88,759,200,000
Strike 1280 has a total call value of 70,578,400,000 versus a total put value of 23,673,600,000 Combined total value = 94,252,000,000
Strike 1300 has a total call value of 82,941,600,000 versus a total put value of 18,441,600,000 Combined total value = 101,383,200,000
Strike 1320 has a total call value of 97,582,400,000 versus a total put value of 14,565,600,000 Combined total value = 112,148,000,000
Strike 1340 has a total call value of 113,882,400,000 versus a total put value of 11,062,400,000 Combined total value = 124,944,800,000
Strike 1360 has a total call value of 131,370,400,000 versus a total put value of 7,983,200,000 Combined total value = 139,353,600,000
Strike 1380 has a total call value of 150,507,200,000 versus a total put value of 5,737,600,000 Combined total value = 156,244,800,000
Strike 1400 has a total call value of 171,013,600,000 versus a total put value of 3,877,600,000 Combined total value = 174,891,200,000
Strike 1420 has a total call value of 195,310,400,000 versus a total put value of 2,877,600,000 Combined total value = 198,188,000,000
Strike 1440 has a total call value of 220,219,200,000 versus a total put value of 2,090,400,000 Combined total value = 222,309,600,000
Strike 1460 has a total call value of 245,662,400,000 versus a total put value of 1,503,200,000 Combined total value = 247,165,600,000
Strike 1480 has a total call value of 271,412,000,000 versus a total put value of 1,049,600,000 Combined total value = 272,461,600,000
Strike 1500 has a total call value of 297,400,800,000 versus a total put value of 609,600,000 Combined total value = 298,010,400,000
Strike 1520 has a total call value of 325,813,600,000 versus a total put value of 468,800,000 Combined total value = 326,282,400,000
Strike 1540 has a total call value of 354,305,600,000 versus a total put value of 336,000,000 Combined total value = 354,641,600,000
Strike 1560 has a total call value of 382,888,000,000 versus a total put value of 224,000,000 Combined total value = 383,112,000,000
Strike 1580 has a total call value of 411,635,200,000 versus a total put value of 112,000,000 Combined total value = 411,747,200,000
Strike 1600 has a total call value of 440,439,200,000 versus a total put value of 0 Combined total value = 440,439,200,000
Max-Pain Table for Monthly Expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 424.65 | 470 |
ABB | 6757.85 | 7000 |
ABBOTINDIA | 27021.95 | 28000 |
ABCAPITAL | 183.68 | 200 |
ABFRL | 284.8 | 300 |
ACC | 2032.6 | 2220 |
ADANIENT | 2268.4 | 2600 |
ADANIPORTS | 1135.15 | 1200 |
ALKEM | 5592.25 | 5500 |
AMBUJACEM | 491.45 | 540 |
APOLLOHOSP | 6728.75 | 6900 |
APOLLOTYRE | 481.8 | 480 |
ASHOKLEY | 217.54 | 220 |
ASIANPAINT | 2430.55 | 2540 |
ASTRAL | 1713.85 | 1780 |
ATUL | 7240.85 | 7500 |
AUBANK | 593.05 | 590 |
AUROPHARMA | 1219.8 | 1300 |
AXISBANK | 1138.6 | 1150 |
BAJAJ-AUTO | 9484.15 | 9700 |
BAJAJFINSV | 1567 | 1620 |
BAJFINANCE | 6469.4 | 6700 |
BALKRISIND | 2736.4 | 2800 |
BANDHANBNK | 166.3 | 180 |
BANKBARODA | 228.85 | 240 |
BATAINDIA | 1280.35 | 1310 |
BEL | 274.3 | 285 |
BERGEPAINT | 464.85 | 495 |
BHARATFORG | 1295.15 | 1340 |
BHARTIARTL | 1521.05 | 1540 |
BHEL | 227.95 | 235 |
BIOCON | 323.95 | 330 |
BOSCHLTD | 34067.65 | 34000 |
BPCL | 281.8 | 300 |
BRITANNIA | 4775.25 | 5000 |
BSOFT | 545.85 | 560 |
CANBK | 94.7 | 100 |
CANFINHOME | 820.75 | 830 |
CHAMBLFERT | 455.65 | 480 |
CHOLAFIN | 1206.15 | 1240 |
CIPLA | 1461.95 | 1520 |
COALINDIA | 404.9 | 425 |
COFORGE | 8203.95 | 8000 |
COLPAL | 2688.6 | 2800 |
CONCOR | 768.45 | 810 |
COROMANDEL | 1772.9 | 1720 |
CROMPTON | 381.35 | 390 |
CUB | 170.37 | 175 |
CUMMINSIND | 3289.3 | 3400 |
DABUR | 505.05 | 525 |
DALBHARAT | 1773.45 | 1760 |
DEEPAKNTR | 2615.8 | 2650 |
DIVISLAB | 5952.8 | 5900 |
DIXON | 14992 | 14750 |
DLF | 776.35 | 780 |
DRREDDY | 1193.35 | 1220 |
EICHERMOT | 4891.5 | 4900 |
ESCORTS | 3452 | 3600 |
EXIDEIND | 415.15 | 440 |
FEDERALBNK | 210.19 | 205 |
GAIL | 187.9 | 197.5 |
GLENMARK | 1463.35 | 1520 |
GMRINFRA | 76.93 | 82 |
GNFC | 555.35 | 570 |
GODREJCP | 1180.45 | 1200 |
GODREJPROP | 2699.15 | 2750 |
GRANULES | 544.5 | 570 |
GRASIM | 2545 | 2540 |
GUJGASLTD | 453 | 480 |
HAL | 3985.9 | 4200 |
HAVELLS | 1632.35 | 1640 |
HCLTECH | 1831.65 | 1820 |
HDFCAMC | 4217.75 | 4300 |
HDFCBANK | 1740 | 1740 |
HDFCLIFE | 673.4 | 680 |
HEROMOTOCO | 4758.85 | 4800 |
HINDALCO | 645.7 | 650 |
HINDCOPPER | 261.9 | 290 |
HINDPETRO | 358.8 | 375 |
HINDUNILVR | 2384.8 | 2480 |
ICICIBANK | 1249.7 | 1260 |
ICICIGI | 1813 | 1880 |
ICICIPRULI | 679.1 | 690 |
IDEA | 6.93 | 8 |
IDFCFIRSTB | 63.06 | 66 |
IEX | 161.2 | 170 |
IGL | 311.95 | 330 |
INDHOTEL | 786.3 | 760 |
INDIAMART | 2250 | 2400 |
INDIGO | 4059.7 | 4000 |
INDUSINDBK | 974.5 | 1040 |
INDUSTOWER | 328.7 | 340 |
INFY | 1835.15 | 1800 |
IOC | 130.75 | 140 |
IPCALAB | 1569.2 | 1560 |
IRCTC | 794.5 | 820 |
ITC | 456.1 | 475 |
JINDALSTEL | 870.85 | 900 |
JKCEMENT | 4004.1 | 4000 |
JSWSTEEL | 940.95 | 960 |
JUBLFOOD | 610.35 | 620 |
KOTAKBANK | 1734.4 | 1760 |
LALPATHLAB | 3029.65 | 3100 |
LAURUSLABS | 488.75 | 490 |
LICHSGFIN | 610.6 | 630 |
LT | 3486.3 | 3600 |
LTF | 137.63 | 140 |
LTIM | 5928.7 | 5900 |
LTTS | 5174.7 | 5150 |
LUPIN | 2038.2 | 2100 |
M&M | 2938.45 | 2900 |
M&MFIN | 256.8 | 265 |
MANAPPURAM | 150.5 | 155 |
MARICO | 590.9 | 600 |
MARUTI | 10869.4 | 11000 |
MCX | 6160 | 6200 |
METROPOLIS | 2010.9 | 2060 |
MFSL | 1173.15 | 1200 |
MGL | 1115.95 | 1160 |
MOTHERSON | 161.52 | 175 |
MPHASIS | 2784.6 | 2850 |
MRF | 123240.95 | 122500 |
MUTHOOTFIN | 1902.4 | 1880 |
NATIONALUM | 245.7 | 240 |
NAUKRI | 7543.05 | 7700 |
NAVINFLUOR | 3260 | 3400 |
NESTLEIND | 2202.1 | 2280 |
NMDC | 217.89 | 225 |
NTPC | 355.15 | 370 |
OBEROIRLTY | 1925.55 | 1960 |
OFSS | 11140 | 11500 |
ONGC | 241.75 | 250 |
PAGEIND | 44442.55 | 45500 |
PEL | 1054.35 | 1060 |
PERSISTENT | 5732.05 | 5600 |
PETRONET | 320.4 | 328 |
PFC | 453.2 | 460 |
PIDILITIND | 2937.4 | 3060 |
PIIND | 4121.85 | 4200 |
PNB | 96.65 | 102 |
POLYCAB | 6401.2 | 6500 |
POWERGRID | 324.2 | 320 |
PVRINOX | 1444.1 | 1500 |
RAMCOCEM | 914 | 900 |
RBLBANK | 157.15 | 160 |
RECLTD | 490.5 | 510 |
RELIANCE | 1220.75 | 1290 |
SAIL | 110.62 | 117.5 |
SBICARD | 675.05 | 690 |
SBILIFE | 1479.9 | 1520 |
SBIN | 780.4 | 800 |
SHREECEM | 24157.75 | 24500 |
SHRIRAMFIN | 2809.75 | 2900 |
SIEMENS | 6658 | 6800 |
SRF | 2152.95 | 2260 |
SUNPHARMA | 1770 | 1800 |
SUNTV | 727.3 | 730 |
SYNGENE | 844.25 | 870 |
TATACHEM | 1051.7 | 1100 |
TATACOMM | 1709.2 | 1780 |
TATACONSUM | 910.9 | 950 |
TATAMOTORS | 774.4 | 800 |
TATAPOWER | 409.35 | 420 |
TATASTEEL | 140.18 | 145 |
TCS | 4066.5 | 4100 |
TECHM | 1698 | 1680 |
TITAN | 3179.95 | 3200 |
TORNTPHARM | 3096.75 | 3150 |
TRENT | 6425.95 | 6600 |
TVSMOTOR | 2393.9 | 2450 |
UBL | 1817.3 | 1880 |
ULTRACEMCO | 10939.45 | 11000 |
UNITDSPR | 1489.7 | 1480 |
UPL | 559.25 | 550 |
VEDL | 441.2 | 460 |
VOLTAS | 1667.35 | 1700 |
WIPRO | 557 | 560 |
ZYDUSLIFE | 943.25 | 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.