ASIANPAINT
Asian Paints Limited
Max pain for ASIANPAINT
24 Jan 2025 04:11 PM IST
Max Pain for ASIANPAINT is 2300
Strike 1880 has a total call value of 0 versus a total put value of 143,083,600,000 Combined total value = 143,083,600,000
Strike 1900 has a total call value of 0 versus a total put value of 135,120,400,000 Combined total value = 135,120,400,000
Strike 1920 has a total call value of 0 versus a total put value of 127,157,200,000 Combined total value = 127,157,200,000
Strike 1940 has a total call value of 0 versus a total put value of 119,232,800,000 Combined total value = 119,232,800,000
Strike 1960 has a total call value of 0 versus a total put value of 111,308,400,000 Combined total value = 111,308,400,000
Strike 1980 has a total call value of 0 versus a total put value of 103,539,200,000 Combined total value = 103,539,200,000
Strike 2000 has a total call value of 0 versus a total put value of 95,770,000,000 Combined total value = 95,770,000,000
Strike 2020 has a total call value of 22,000,000 versus a total put value of 88,690,400,000 Combined total value = 88,712,400,000
Strike 2040 has a total call value of 44,000,000 versus a total put value of 81,610,800,000 Combined total value = 81,654,800,000
Strike 2060 has a total call value of 66,000,000 versus a total put value of 74,704,000,000 Combined total value = 74,770,000,000
Strike 2080 has a total call value of 88,000,000 versus a total put value of 68,159,200,000 Combined total value = 68,247,200,000
Strike 2100 has a total call value of 110,000,000 versus a total put value of 61,796,400,000 Combined total value = 61,906,400,000
Strike 2120 has a total call value of 132,000,000 versus a total put value of 56,019,600,000 Combined total value = 56,151,600,000
Strike 2140 has a total call value of 154,000,000 versus a total put value of 50,499,600,000 Combined total value = 50,653,600,000
Strike 2160 has a total call value of 192,800,000 versus a total put value of 45,135,600,000 Combined total value = 45,328,400,000
Strike 2180 has a total call value of 259,200,000 versus a total put value of 39,924,000,000 Combined total value = 40,183,200,000
Strike 2200 has a total call value of 325,600,000 versus a total put value of 34,879,600,000 Combined total value = 35,205,200,000
Strike 2220 has a total call value of 557,600,000 versus a total put value of 30,955,200,000 Combined total value = 31,512,800,000
Strike 2240 has a total call value of 1,021,600,000 versus a total put value of 27,385,200,000 Combined total value = 28,406,800,000
Strike 2260 has a total call value of 1,691,600,000 versus a total put value of 24,095,200,000 Combined total value = 25,786,800,000
Strike 2280 has a total call value of 2,634,000,000 versus a total put value of 20,988,000,000 Combined total value = 23,622,000,000
Strike 2300 has a total call value of 4,212,000,000 versus a total put value of 18,261,600,000 Combined total value = 22,473,600,000
Strike 2320 has a total call value of 6,750,400,000 versus a total put value of 16,232,000,000 Combined total value = 22,982,400,000
Strike 2340 has a total call value of 9,986,800,000 versus a total put value of 14,419,600,000 Combined total value = 24,406,400,000
Strike 2360 has a total call value of 13,598,400,000 versus a total put value of 12,772,400,000 Combined total value = 26,370,800,000
Strike 2380 has a total call value of 18,104,800,000 versus a total put value of 11,260,800,000 Combined total value = 29,365,600,000
Strike 2400 has a total call value of 23,551,600,000 versus a total put value of 9,848,000,000 Combined total value = 33,399,600,000
Strike 2420 has a total call value of 30,668,000,000 versus a total put value of 8,738,400,000 Combined total value = 39,406,400,000
Strike 2440 has a total call value of 38,111,200,000 versus a total put value of 7,628,800,000 Combined total value = 45,740,000,000
Strike 2460 has a total call value of 45,874,000,000 versus a total put value of 6,578,800,000 Combined total value = 52,452,800,000
Strike 2480 has a total call value of 53,930,800,000 versus a total put value of 5,622,000,000 Combined total value = 59,552,800,000
Strike 2500 has a total call value of 62,166,800,000 versus a total put value of 4,665,200,000 Combined total value = 66,832,000,000
Strike 2520 has a total call value of 72,270,800,000 versus a total put value of 4,038,400,000 Combined total value = 76,309,200,000
Strike 2540 has a total call value of 82,518,800,000 versus a total put value of 3,438,800,000 Combined total value = 85,957,600,000
Strike 2560 has a total call value of 92,913,200,000 versus a total put value of 2,839,200,000 Combined total value = 95,752,400,000
Strike 2580 has a total call value of 103,390,000,000 versus a total put value of 2,239,600,000 Combined total value = 105,629,600,000
Strike 2600 has a total call value of 113,892,800,000 versus a total put value of 1,640,000,000 Combined total value = 115,532,800,000
Strike 2620 has a total call value of 125,054,400,000 versus a total put value of 1,451,200,000 Combined total value = 126,505,600,000
Strike 2640 has a total call value of 136,300,800,000 versus a total put value of 1,262,400,000 Combined total value = 137,563,200,000
Strike 2660 has a total call value of 147,633,600,000 versus a total put value of 1,073,600,000 Combined total value = 148,707,200,000
Strike 2680 has a total call value of 158,966,400,000 versus a total put value of 884,800,000 Combined total value = 159,851,200,000
Strike 2700 has a total call value of 170,299,200,000 versus a total put value of 696,000,000 Combined total value = 170,995,200,000
Strike 2720 has a total call value of 182,145,600,000 versus a total put value of 556,800,000 Combined total value = 182,702,400,000
Strike 2740 has a total call value of 193,992,000,000 versus a total put value of 417,600,000 Combined total value = 194,409,600,000
Strike 2760 has a total call value of 205,838,400,000 versus a total put value of 278,400,000 Combined total value = 206,116,800,000
Strike 2780 has a total call value of 217,684,800,000 versus a total put value of 139,200,000 Combined total value = 217,824,000,000
Strike 2800 has a total call value of 229,531,200,000 versus a total put value of 0 Combined total value = 229,531,200,000
Strike 2820 has a total call value of 241,482,000,000 versus a total put value of 0 Combined total value = 241,482,000,000
Strike 2840 has a total call value of 253,432,800,000 versus a total put value of 0 Combined total value = 253,432,800,000
Strike 2860 has a total call value of 265,383,600,000 versus a total put value of 0 Combined total value = 265,383,600,000
Strike 2880 has a total call value of 277,334,400,000 versus a total put value of 0 Combined total value = 277,334,400,000
Strike 2900 has a total call value of 289,285,200,000 versus a total put value of 0 Combined total value = 289,285,200,000
Strike 2920 has a total call value of 301,236,000,000 versus a total put value of 0 Combined total value = 301,236,000,000
Strike 2940 has a total call value of 313,186,800,000 versus a total put value of 0 Combined total value = 313,186,800,000
Strike 2960 has a total call value of 325,137,600,000 versus a total put value of 0 Combined total value = 325,137,600,000
Strike 2980 has a total call value of 337,088,400,000 versus a total put value of 0 Combined total value = 337,088,400,000
Strike 3000 has a total call value of 349,039,200,000 versus a total put value of 0 Combined total value = 349,039,200,000
Strike 3020 has a total call value of 361,200,800,000 versus a total put value of 0 Combined total value = 361,200,800,000
Strike 3040 has a total call value of 373,362,400,000 versus a total put value of 0 Combined total value = 373,362,400,000
Strike 3060 has a total call value of 385,524,000,000 versus a total put value of 0 Combined total value = 385,524,000,000
Strike 3080 has a total call value of 397,685,600,000 versus a total put value of 0 Combined total value = 397,685,600,000
Strike 3120 has a total call value of 422,008,800,000 versus a total put value of 0 Combined total value = 422,008,800,000
Strike 3160 has a total call value of 446,332,000,000 versus a total put value of 0 Combined total value = 446,332,000,000
Strike 3200 has a total call value of 470,655,200,000 versus a total put value of 0 Combined total value = 470,655,200,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.05 | 435 |
ABB | 6178.9 | 6400 |
ABBOTINDIA | 27282.35 | 28000 |
ABCAPITAL | 170.43 | 180 |
ABFRL | 271.9 | 275 |
ACC | 2058.95 | 2080 |
ADANIENSOL | 790.45 | 800 |
ADANIENT | 2315.1 | 2400 |
ADANIGREEN | 1012.1 | 1020 |
ADANIPORTS | 1094.15 | 1160 |
ALKEM | 5022.7 | 5300 |
AMBUJACEM | 551.8 | 550 |
ANGELONE | 2334.35 | 2500 |
APLAPOLLO | 1561.4 | 1560 |
APOLLOHOSP | 6745.05 | 6900 |
APOLLOTYRE | 423.4 | 450 |
ASHOKLEY | 204.3 | 210 |
ASIANPAINT | 2262.4 | 2300 |
ASTRAL | 1468.35 | 1560 |
ATGL | 641.5 | 660 |
ATUL | 6547.1 | 6700 |
AUBANK | 594.65 | 585 |
AUROPHARMA | 1212.2 | 1220 |
AXISBANK | 948.5 | 990 |
BAJAJ-AUTO | 8401.5 | 8700 |
BAJAJFINSV | 1728.7 | 1680 |
BAJFINANCE | 7438.6 | 7300 |
BALKRISIND | 2652.2 | 2740 |
BANDHANBNK | 148.83 | 157.5 |
BANKBARODA | 225.21 | 235 |
BANKINDIA | 98.37 | 100 |
BATAINDIA | 1281.35 | 1320 |
BEL | 270.15 | 280 |
BERGEPAINT | 480.1 | 465 |
BHARATFORG | 1216.55 | 1240 |
BHARTIARTL | 1644.8 | 1640 |
BHEL | 200.19 | 215 |
BIOCON | 388.25 | 380 |
BOSCHLTD | 30356.5 | 32500 |
BPCL | 263.8 | 270 |
BRITANNIA | 5101.55 | 4850 |
BSE | 5835.6 | 5700 |
BSOFT | 545.7 | 550 |
CAMS | 4101.1 | 4300 |
CANBK | 96.75 | 100 |
CANFINHOME | 682.7 | 700 |
CDSL | 1500.25 | 1580 |
CESC | 139 | 145.5 |
CGPOWER | 620.55 | 650 |
CHAMBLFERT | 496.05 | 500 |
CHOLAFIN | 1223.05 | 1260 |
CIPLA | 1411.4 | 1460 |
COALINDIA | 383.05 | 390 |
COFORGE | 9234.6 | 9000 |
COLPAL | 2751.9 | 2750 |
CONCOR | 754.35 | 780 |
COROMANDEL | 1815.05 | 1860 |
CROMPTON | 339.7 | 355 |
CUB | 167.66 | 170 |
CUMMINSIND | 2804.05 | 3000 |
CYIENT | 1344.9 | 1460 |
DABUR | 521.65 | 520 |
DALBHARAT | 1802.95 | 1780 |
DEEPAKNTR | 2292.55 | 2400 |
DELHIVERY | 321.75 | 330 |
DIVISLAB | 5762.6 | 5850 |
DIXON | 15584.9 | 16000 |
DLF | 695.25 | 730 |
DMART | 3579.95 | 3700 |
DRREDDY | 1224.4 | 1250 |
EICHERMOT | 5206.3 | 5100 |
ESCORTS | 3466.3 | 3400 |
EXIDEIND | 369.05 | 400 |
FEDERALBNK | 188.11 | 195 |
GAIL | 175.84 | 185 |
GLENMARK | 1450.1 | 1500 |
GMRAIRPORT | 71.49 | 77 |
GMRINFRA | 0 | 32 |
GNFC | 556.45 | 560 |
GODREJCP | 1130.35 | 1130 |
GODREJPROP | 2155 | 2300 |
GRANULES | 582 | 590 |
GRASIM | 2490.75 | 2480 |
GUJGASLTD | 494.75 | 500 |
HAL | 3849.8 | 4050 |
HAVELLS | 1523.2 | 1560 |
HCLTECH | 1792.85 | 1820 |
HDFCAMC | 3877.8 | 4000 |
HDFCBANK | 1649.8 | 1680 |
HDFCLIFE | 621.1 | 630 |
HEROMOTOCO | 4051.9 | 4150 |
HFCL | 99.15 | 102.5 |
HINDALCO | 606.9 | 600 |
HINDCOPPER | 242.05 | 250 |
HINDPETRO | 352.85 | 365 |
HINDUNILVR | 2368.1 | 2360 |
HUDCO | 219.84 | 220 |
ICICIBANK | 1209.2 | 1230 |
ICICIGI | 1815.65 | 1880 |
ICICIPRULI | 590.5 | 600 |
IDEA | 9.46 | 9 |
IDFCFIRSTB | 62.27 | 63 |
IEX | 169.33 | 172.5 |
IGL | 383.25 | 400 |
INDHOTEL | 781.2 | 800 |
INDIAMART | 2083.4 | 2140 |
INDIANB | 501.25 | 520 |
INDIGO | 4161.8 | 4200 |
INDUSINDBK | 950.8 | 980 |
INDUSTOWER | 367.95 | 355 |
INFY | 1875.45 | 1880 |
IOC | 128.26 | 132.5 |
IPCALAB | 1515.85 | 1580 |
IRB | 51.94 | 54 |
IRCTC | 787.5 | 800 |
IRFC | 140.68 | 137.5 |
ITC | 441.6 | 445 |
JINDALSTEL | 882.8 | 920 |
JIOFIN | 244.45 | 265 |
JKCEMENT | 4755.9 | 4700 |
JSL | 634.1 | 630 |
JSWENERGY | 544.15 | 570 |
JSWSTEEL | 932.45 | 930 |
JUBLFOOD | 671 | 700 |
KALYANKJIL | 458.75 | 540 |
KEI | 4253.5 | 4300 |
KOTAKBANK | 1886.2 | 1860 |
KPITTECH | 1322.9 | 1380 |
LALPATHLAB | 2828.85 | 2900 |
LAURUSLABS | 602.65 | 590 |
LICHSGFIN | 573.3 | 580 |
LICI | 821.25 | 850 |
LODHA | 1099.55 | 1120 |
LT | 3458.2 | 3600 |
LTF | 139.68 | 140 |
LTIM | 5998.15 | 5900 |
LTTS | 5431 | 5300 |
LUPIN | 2134.25 | 2180 |
M&M | 2801.4 | 2900 |
M&MFIN | 268.05 | 270 |
MANAPPURAM | 196.71 | 185 |
MARICO | 666.2 | 660 |
MARUTI | 11967.9 | 11700 |
MAXHEALTH | 1055.75 | 1080 |
MCX | 5739.5 | 5800 |
METROPOLIS | 1802.2 | 1920 |
MFSL | 1040.3 | 1060 |
MGL | 1278.45 | 1280 |
MOTHERSON | 142.99 | 150 |
MPHASIS | 3009.3 | 2950 |
MRF | 111484.55 | 115000 |
MUTHOOTFIN | 2173.4 | 2180 |
NATIONALUM | 203.2 | 210 |
NAUKRI | 7447.05 | 7700 |
NAVINFLUOR | 3709.45 | 3700 |
NCC | 235.95 | 250 |
NESTLEIND | 2207.9 | 2200 |
NHPC | 76.88 | 78 |
NMDC | 66.77 | 68 |
NTPC | 323.65 | 325 |
NYKAA | 167.37 | 170 |
OBEROIRLTY | 1756.75 | 1840 |
OFSS | 9805.65 | 10250 |
OIL | 424.5 | 450 |
ONGC | 256.51 | 257.5 |
PAGEIND | 46395.25 | 47000 |
PAYTM | 807.45 | 860 |
PEL | 990.45 | 1080 |
PERSISTENT | 6360.65 | 6200 |
PETRONET | 322.7 | 335 |
PFC | 408.4 | 440 |
PIDILITIND | 2854.55 | 2880 |
PIIND | 3501.6 | 3550 |
PNB | 97.62 | 100 |
POLICYBZR | 1694.7 | 1750 |
POLYCAB | 5915.8 | 6200 |
POONAWALLA | 317 | 320 |
POWERGRID | 295.85 | 305 |
PRESTIGE | 1255.65 | 1350 |
PVRINOX | 1064.1 | 1140 |
RAMCOCEM | 888.75 | 910 |
RBLBANK | 155.73 | 160 |
RECLTD | 446.25 | 480 |
RELIANCE | 1246.3 | 1250 |
SAIL | 108.17 | 110 |
SBICARD | 758.3 | 750 |
SBILIFE | 1440.4 | 1460 |
SBIN | 744.15 | 770 |
SHREECEM | 25783.15 | 26000 |
SHRIRAMFIN | 527.45 | 540 |
SIEMENS | 5879.7 | 6100 |
SJVN | 95.46 | 97.5 |
SONACOMS | 525.05 | 550 |
SRF | 2583.95 | 2560 |
SUNPHARMA | 1822.2 | 1800 |
SUNTV | 640.45 | 660 |
SUPREMEIND | 3803.2 | 4000 |
SYNGENE | 796.1 | 820 |
TATACHEM | 956.9 | 1000 |
TATACOMM | 1629.45 | 1700 |
TATACONSUM | 992.35 | 960 |
TATAELXSI | 6372.7 | 6300 |
TATAMOTORS | 734.1 | 760 |
TATAPOWER | 363.4 | 380 |
TATASTEEL | 129.74 | 135 |
TCS | 4152.35 | 4150 |
TECHM | 1723.05 | 1700 |
TIINDIA | 3232.15 | 3400 |
TITAN | 3402.15 | 3400 |
TORNTPHARM | 3248.4 | 3300 |
TRENT | 5490.45 | 6000 |
TVSMOTOR | 2270.7 | 2300 |
UBL | 2064.85 | 2040 |
ULTRACEMCO | 11285.85 | 11200 |
UNIONBANK | 107.3 | 110 |
UNITDSPR | 1469.75 | 1500 |
UPL | 552 | 540 |
VBL | 541.7 | 550 |
VEDL | 442 | 460 |
VOLTAS | 1456.6 | 1540 |
WIPRO | 320.1 | 310 |
YESBANK | 18.24 | 19 |
ZOMATO | 215.6 | 230 |
ZYDUSLIFE | 957.6 | 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.