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ASTRAL
Astral Limited

1816.3 25.80 (1.44%)

Max pain for ASTRAL

02 Dec 2024 04:10 PM IST

Max Pain for ASTRAL is 1820  



Strike  1600  has a total call value of 0  versus a total put value of  13,897,556,000 Combined total value = 13,897,556,000

Strike  1620  has a total call value of 0  versus a total put value of  12,497,084,000 Combined total value = 12,497,084,000

Strike  1640  has a total call value of 0  versus a total put value of  11,103,952,000 Combined total value = 11,103,952,000

Strike  1660  has a total call value of 0  versus a total put value of  9,710,820,000 Combined total value = 9,710,820,000

Strike  1680  has a total call value of 0  versus a total put value of  8,325,762,000 Combined total value = 8,325,762,000

Strike  1700  has a total call value of 0  versus a total put value of  6,990,616,000 Combined total value = 6,990,616,000

Strike  1720  has a total call value of 0  versus a total put value of  5,940,996,000 Combined total value = 5,940,996,000

Strike  1740  has a total call value of 0  versus a total put value of  4,943,490,000 Combined total value = 4,943,490,000

Strike  1760  has a total call value of 0  versus a total put value of  4,020,852,000 Combined total value = 4,020,852,000

Strike  1780  has a total call value of 23,488,000  versus a total put value of  3,169,412,000 Combined total value = 3,192,900,000

Strike  1800  has a total call value of 67,528,000  versus a total put value of  2,378,894,000 Combined total value = 2,446,422,000

Strike  1820  has a total call value of 480,036,000  versus a total put value of  1,903,996,000 Combined total value = 2,384,032,000

Strike  1840  has a total call value of 1,052,556,000  versus a total put value of  1,493,690,000 Combined total value = 2,546,246,000

Strike  1860  has a total call value of 1,971,524,000  versus a total put value of  1,134,764,000 Combined total value = 3,106,288,000

Strike  1880  has a total call value of 3,052,706,000  versus a total put value of  787,582,000 Combined total value = 3,840,288,000

Strike  1900  has a total call value of 4,172,056,000  versus a total put value of  440,400,000 Combined total value = 4,612,456,000

Strike  1920  has a total call value of 5,680,426,000  versus a total put value of  352,320,000 Combined total value = 6,032,746,000

Strike  1940  has a total call value of 7,316,512,000  versus a total put value of  264,240,000 Combined total value = 7,580,752,000

Strike  1960  has a total call value of 9,037,742,000  versus a total put value of  176,160,000 Combined total value = 9,213,902,000

Strike  1980  has a total call value of 10,826,500,000  versus a total put value of  88,080,000 Combined total value = 10,914,580,000

Strike  2000  has a total call value of 12,615,258,000  versus a total put value of  0 Combined total value = 12,615,258,000

Strike  2020  has a total call value of 14,737,252,000  versus a total put value of  0 Combined total value = 14,737,252,000

Strike  2040  has a total call value of 16,859,246,000  versus a total put value of  0 Combined total value = 16,859,246,000

Strike  2060  has a total call value of 18,989,314,000  versus a total put value of  0 Combined total value = 18,989,314,000

Strike  2080  has a total call value of 21,119,382,000  versus a total put value of  0 Combined total value = 21,119,382,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 443.95 460
ABB 7490.75 7400
ABBOTINDIA 28053.1 28000
ABCAPITAL 194.18 200
ABFRL 322.2 320
ACC 2234.45 2300
ADANIENSOL 807 800
ADANIENT 2457.05 2500
ADANIGREEN 1327.95 1300
ADANIPORTS 1215.8 1200
ALKEM 5692.75 5600
AMBUJACEM 538.8 540
ANGELONE 2935.5 2900
APLAPOLLO 1506.85 1500
APOLLOHOSP 7065.8 7000
APOLLOTYRE 513.75 500
ASHOKLEY 229.82 230
ASIANPAINT 2479.05 2500
ASTRAL 1816.3 1820
ATGL 772.55 790
ATUL 7353.6 7300
AUBANK 581.6 590
AUROPHARMA 1254.75 1260
AXISBANK 1137.1 1150
BAJAJ-AUTO 9130.35 9200
BAJAJFINSV 1596.65 1600
BAJFINANCE 6650.65 6800
BALKRISIND 2814.95 2800
BANDHANBNK 170.79 175
BANKBARODA 246.41 250
BANKINDIA 110.12 110
BATAINDIA 1433.45 1400
BEL 306.9 305
BERGEPAINT 489.6 495
BHARATFORG 1343.75 1340
BHARTIARTL 1643.6 1620
BHEL 249.65 250
BIOCON 375.35 365
BOSCHLTD 34928.15 35000
BPCL 294.15 295
BRITANNIA 4907.25 5000
BSE 4563.85 4600
BSOFT 597.5 600
CAMS 5102.3 5000
CANBK 101.71 103
CANFINHOME 814.55 830
CDSL 1665.05 1640
CESC 177.46 175
CGPOWER 755.2 750
CHAMBLFERT 524.8 510
CHOLAFIN 1249.2 1260
CIPLA 1507.7 1520
COALINDIA 421.7 424.25
COFORGE 8710.7 8600
COLPAL 2887.45 2950
CONCOR 835.9 830
COROMANDEL 1775.85 1800
CROMPTON 416.85 410
CUB 181.08 180
CUMMINSIND 3430 3500
CYIENT 1870 1900
DABUR 523.9 530
DALBHARAT 1879.75 1860
DEEPAKNTR 2759.05 2750
DELHIVERY 333.3 340
DIVISLAB 6255.35 6150
DIXON 16763.9 16000
DLF 849.1 830
DMART 3678.4 3700
DRREDDY 1221.75 1210
EICHERMOT 4820.7 4900
ESCORTS 3527.85 3600
EXIDEIND 451.25 450
FEDERALBNK 209.08 210
GAIL 198.54 200
GLENMARK 1547.55 1520
GMRINFRA 83.34 85
GNFC 652.25 640
GODREJCP 1227.15 1240
GODREJPROP 2901.4 2850
GRANULES 595.05 580
GRASIM 2693.55 2640
GUJGASLTD 480.5 480
HAL 4504.75 4500
HAVELLS 1739.35 1720
HCLTECH 1871.5 1880
HDFCAMC 4250.05 4300
HDFCBANK 1804.7 1800
HDFCLIFE 640.2 650
HEROMOTOCO 4748.45 4800
HFCL 129.52 130
HINDALCO 662.6 660
HINDCOPPER 276.75 280
HINDPETRO 380.95 380
HINDUNILVR 2479.15 2500
HUDCO 237.99 230
ICICIBANK 1304.65 1300
ICICIGI 1834.1 1880
ICICIPRULI 691.9 700
IDEA 8.28 8
IDFCFIRSTB 64.39 65
IEX 178.19 175
IGL 343.55 330
INDHOTEL 801.05 790
INDIAMART 2362.8 2350
INDIANB 582.65 570
INDIGO 4409.25 4400
INDUSINDBK 990.95 1000
INDUSTOWER 346.65 350
INFY 1879.8 1880
IOC 137.65 140
IPCALAB 1533 1540
IRB 54.82 53
IRCTC 816.5 830
IRFC 147.28 147.5
ITC 477.2 480
JINDALSTEL 918.55 900
JIOFIN 329.7 330
JKCEMENT 4495.65 4400
JSL 691.75 680
JSWENERGY 645.65 650
JSWSTEEL 989.8 980
JUBLFOOD 651.9 650
KALYANKJIL 722.1 720
KEI 4354.9 4400
KOTAKBANK 1753.95 1780
KPITTECH 1341.25 1380
LALPATHLAB 3018.25 3100
LAURUSLABS 576.8 560
LICHSGFIN 626.85 640
LICI 983.8 980
LODHA 1289.55 1300
LT 3704.05 3700
LTF 143.72 145
LTIM 6213.35 6200
LTTS 5276.9 5300
LUPIN 2069.55 2040
M&M 3016.4 3000
M&MFIN 277.4 275
MANAPPURAM 156.18 155
MARICO 646.55 640
MARUTI 11239.3 11200
MAXHEALTH 1019.2 980
MCX 6323 6200
METROPOLIS 2134.55 2140
MFSL 1114.65 1140
MGL 1236.5 1200
MOTHERSON 165.75 167.5
MPHASIS 3050 3000
MRF 125359.35 125000
MUTHOOTFIN 1935.55 1920
NATIONALUM 243.3 240
NAUKRI 8447.2 8300
NAVINFLUOR 3583 3550
NCC 309.1 310
NESTLEIND 2251.85 2300
NHPC 81.48 81
NMDC 231.75 230
NTPC 358.2 365
NYKAA 171.21 170
OBEROIRLTY 2069.65 2000
OFSS 12266.5 12000
OIL 479.35 480
ONGC 257.55 259
PAGEIND 45864.95 45500
PAYTM 895.95 900
PEL 1207.45 1180
PERSISTENT 5932.4 6000
PETRONET 338.55 333
PFC 495.75 490
PIDILITIND 3132.5 3100
PIIND 4095.2 4100
PNB 105 105
POLICYBZR 1945.1 1900
POLYCAB 7351.95 7200
POONAWALLA 344.3 350
POWERGRID 327.85 330
PRESTIGE 1718.25 1550
PVRINOX 1572.5 1540
RAMCOCEM 1035.25 1000
RBLBANK 155.96 155
RECLTD 531.9 530
RELIANCE 1309.15 1310
SAIL 119.08 120
SBICARD 703.05 700
SBILIFE 1422.05 1440
SBIN 836.4 840
SHREECEM 26784 26000
SHRIRAMFIN 3094.2 3100
SIEMENS 7563.2 7500
SJVN 113.81 115
SONACOMS 676.05 630
SRF 2296.95 2300
SUNPHARMA 1808.55 1800
SUNTV 757 750
SUPREMEIND 4772.65 4600
SYNGENE 947.8 930
TATACHEM 1129.8 1120
TATACOMM 1792.15 1800
TATACONSUM 957 960
TATAELXSI 6712.95 6600
TATAMOTORS 790.05 800
TATAPOWER 416.5 420
TATASTEEL 146.41 150
TCS 4276.65 4300
TECHM 1745.95 1740
TIINDIA 3541.85 3600
TITAN 3306.85 3300
TORNTPHARM 3339.15 3300
TRENT 6805.3 6800
TVSMOTOR 2493.4 2450
UBL 1960.65 1940
ULTRACEMCO 11648.55 11400
UNIONBANK 119.73 120
UNITDSPR 1532.2 1500
UPL 555.05 550
VBL 632.25 640
VEDL 460.55 460
VOLTAS 1721.1 1700
WIPRO 584.55 580
YESBANK 20.09 20
ZOMATO 282.5 270
ZYDUSLIFE 974.55 980

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.