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ATGL
Adani Total Gas Limited

725.55 8.05 (1.12%)

Max pain for ATGL

12 Dec 2024 10:34 AM IST

Max Pain for ATGL is 720  



Strike  620  has a total call value of 0  versus a total put value of  8,407,200,000 Combined total value = 8,407,200,000

Strike  630  has a total call value of 0  versus a total put value of  7,143,950,000 Combined total value = 7,143,950,000

Strike  640  has a total call value of 0  versus a total put value of  5,880,700,000 Combined total value = 5,880,700,000

Strike  650  has a total call value of 0  versus a total put value of  4,732,150,000 Combined total value = 4,732,150,000

Strike  660  has a total call value of 0  versus a total put value of  3,933,900,000 Combined total value = 3,933,900,000

Strike  670  has a total call value of 0  versus a total put value of  3,162,000,000 Combined total value = 3,162,000,000

Strike  680  has a total call value of 0  versus a total put value of  2,421,100,000 Combined total value = 2,421,100,000

Strike  690  has a total call value of 775,000  versus a total put value of  1,770,875,000 Combined total value = 1,771,650,000

Strike  700  has a total call value of 1,550,000  versus a total put value of  1,147,000,000 Combined total value = 1,148,550,000

Strike  710  has a total call value of 86,025,000  versus a total put value of  837,000,000 Combined total value = 923,025,000

Strike  720  has a total call value of 234,050,000  versus a total put value of  558,775,000 Combined total value = 792,825,000

Strike  730  has a total call value of 488,250,000  versus a total put value of  409,200,000 Combined total value = 897,450,000

Strike  740  has a total call value of 974,950,000  versus a total put value of  259,625,000 Combined total value = 1,234,575,000

Strike  750  has a total call value of 1,629,050,000  versus a total put value of  110,050,000 Combined total value = 1,739,100,000

Strike  760  has a total call value of 2,637,325,000  versus a total put value of  70,525,000 Combined total value = 2,707,850,000

Strike  770  has a total call value of 3,858,725,000  versus a total put value of  31,000,000 Combined total value = 3,889,725,000

Strike  780  has a total call value of 5,215,750,000  versus a total put value of  15,500,000 Combined total value = 5,231,250,000

Strike  790  has a total call value of 6,917,650,000  versus a total put value of  0 Combined total value = 6,917,650,000

Strike  800  has a total call value of 8,712,550,000  versus a total put value of  0 Combined total value = 8,712,550,000

Strike  810  has a total call value of 11,329,725,000  versus a total put value of  0 Combined total value = 11,329,725,000

Strike  820  has a total call value of 14,001,925,000  versus a total put value of  0 Combined total value = 14,001,925,000

Strike  830  has a total call value of 16,792,700,000  versus a total put value of  0 Combined total value = 16,792,700,000

Strike  840  has a total call value of 19,634,625,000  versus a total put value of  0 Combined total value = 19,634,625,000

Strike  850  has a total call value of 22,682,700,000  versus a total put value of  0 Combined total value = 22,682,700,000

Strike  860  has a total call value of 26,238,400,000  versus a total put value of  0 Combined total value = 26,238,400,000

Strike  870  has a total call value of 29,911,900,000  versus a total put value of  0 Combined total value = 29,911,900,000

Strike  880  has a total call value of 33,585,400,000  versus a total put value of  0 Combined total value = 33,585,400,000

Strike  890  has a total call value of 37,326,325,000  versus a total put value of  0 Combined total value = 37,326,325,000

Strike  900  has a total call value of 41,078,875,000  versus a total put value of  0 Combined total value = 41,078,875,000

Strike  910  has a total call value of 45,406,475,000  versus a total put value of  0 Combined total value = 45,406,475,000

Strike  920  has a total call value of 49,734,075,000  versus a total put value of  0 Combined total value = 49,734,075,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 441.5 450
ABB 7680 7600
ABBOTINDIA 28814.9 28000
ABCAPITAL 199.47 200
ABFRL 305.75 310
ACC 2242 2260
ADANIENSOL 799.7 800
ADANIENT 2478.75 2500
ADANIGREEN 1179 1200
ADANIPORTS 1240.95 1240
ALKEM 5458.7 5500
AMBUJACEM 573.1 570
ANGELONE 3427.45 3300
APLAPOLLO 1601.25 1580
APOLLOHOSP 7230.45 7200
APOLLOTYRE 541.7 530
ASHOKLEY 230.04 230
ASIANPAINT 2395.65 2460
ASTRAL 1847 1860
ATGL 725.55 720
ATUL 7272.35 7400
AUBANK 594.05 590
AUROPHARMA 1223.6 1240
AXISBANK 1151.25 1160
BAJAJ-AUTO 9013.5 9100
BAJAJFINSV 1684 1660
BAJFINANCE 7126 7000
BALKRISIND 2800.95 2800
BANDHANBNK 172.57 175
BANKBARODA 258.41 260
BANKINDIA 112.91 115
BATAINDIA 1431.45 1430
BEL 315.1 310
BERGEPAINT 472 480
BHARATFORG 1363.45 1360
BHARTIARTL 1598.65 1600
BHEL 247.45 250
BIOCON 362.8 370
BOSCHLTD 35977.45 35500
BPCL 305.5 300
BRITANNIA 4897.45 4900
BSE 5653.65 5300
BSOFT 617.45 600
CAMS 5290.4 5200
CANBK 107.71 108
CANFINHOME 815.05 820
CDSL 1945.45 1840
CESC 191.2 195
CGPOWER 781.15 770
CHAMBLFERT 528.5 530
CHOLAFIN 1349.5 1300
CIPLA 1448.2 1480
COALINDIA 410.35 420
COFORGE 9309 9000
COLPAL 2847.65 2900
CONCOR 835.05 840
COROMANDEL 1777.1 1780
CROMPTON 410.6 410
CUB 184.41 185
CUMMINSIND 3635.85 3500
CYIENT 2086.2 2000
DABUR 507.2 510
DALBHARAT 1941.2 1900
DEEPAKNTR 2684.4 2700
DELHIVERY 379.95 370
DIVISLAB 5993.5 6000
DIXON 17760.6 17000
DLF 862.2 850
DMART 3706.25 3700
DRREDDY 1231.55 1220
EICHERMOT 4780.2 4850
ESCORTS 3458.9 3500
EXIDEIND 467.85 460
FEDERALBNK 214.9 215
GAIL 206.02 207.5
GLENMARK 1530.5 1540
GMRINFRA 0 36
GNFC 618 630
GODREJCP 1121.75 1140
GODREJPROP 2863.65 2900
GRANULES 589.55 570
GRASIM 2650.7 2640
GUJGASLTD 511.6 510
HAL 4701.8 4600
HAVELLS 1740 1740
HCLTECH 1943.2 1900
HDFCAMC 4566.35 4400
HDFCBANK 1858.2 1820
HDFCLIFE 632.2 640
HEROMOTOCO 4586 4700
HFCL 126.6 130
HINDALCO 668.95 670
HINDCOPPER 288.8 290
HINDPETRO 408.9 395
HINDUNILVR 2374.8 2420
HUDCO 246.75 245
ICICIBANK 1337.35 1320
ICICIGI 1949.6 1940
ICICIPRULI 690.75 690
IDEA 7.95 8
IDFCFIRSTB 64.73 65
IEX 189.47 185
IGL 388 360
INDHOTEL 839.7 820
INDIAMART 2386.25 2400
INDIANB 575.1 590
INDIGO 4418.45 4450
INDUSINDBK 991.2 1000
INDUSTOWER 354.55 360
INFY 1992 1940
IOC 142.38 140
IPCALAB 1566.7 1520
IRB 58.32 59
IRCTC 846.2 840
IRFC 163.35 160
ITC 464.9 470
JINDALSTEL 992.4 980
JIOFIN 341.5 340
JKCEMENT 4647.4 4600
JSL 748.55 710
JSWENERGY 675.45 660
JSWSTEEL 992.4 1000
JUBLFOOD 683.55 680
KALYANKJIL 775.6 750
KEI 4540.05 4400
KOTAKBANK 1781.6 1800
KPITTECH 1552.95 1500
LALPATHLAB 3095 3100
LAURUSLABS 565.5 570
LICHSGFIN 634.35 640
LICI 938.95 950
LODHA 1420.85 1340
LT 3878.5 3800
LTF 148.84 147.5
LTIM 6704.6 6500
LTTS 5395 5350
LUPIN 2149.6 2100
M&M 3074.45 3000
M&MFIN 278.85 280
MANAPPURAM 179.12 160
MARICO 644.05 630
MARUTI 11158.2 11200
MAXHEALTH 1160.45 1100
MCX 6771.9 6600
METROPOLIS 2213.35 2200
MFSL 1128.8 1160
MGL 1278.65 1280
MOTHERSON 166.19 165
MPHASIS 3212 3100
MRF 132045.7 132000
MUTHOOTFIN 2086.9 2040
NATIONALUM 245.25 247.5
NAUKRI 8733.5 8500
NAVINFLUOR 3588.25 3600
NCC 305.55 310
NESTLEIND 2230.35 2260
NHPC 85.91 85
NMDC 239.54 240
NTPC 361.3 365
NYKAA 171.6 170
OBEROIRLTY 2122.2 2100
OFSS 12236.9 12250
OIL 469.85 470
ONGC 256 259
PAGEIND 47097.1 46500
PAYTM 959 960
PEL 1260.65 1220
PERSISTENT 6441.4 6300
PETRONET 344.6 340
PFC 510.25 500
PIDILITIND 3165.05 3200
PIIND 4027.4 4100
PNB 107.9 109
POLICYBZR 2176.35 2000
POLYCAB 7405 7300
POONAWALLA 363.65 360
POWERGRID 327.3 330
PRESTIGE 1743.05 1700
PVRINOX 1468.25 1540
RAMCOCEM 992.2 1000
RBLBANK 176.3 170
RECLTD 569.95 550
RELIANCE 1270 1300
SAIL 125.95 125
SBICARD 731.15 720
SBILIFE 1440.1 1440
SBIN 856.35 850
SHREECEM 27245.8 27000
SHRIRAMFIN 3227 3200
SIEMENS 7882.95 7700
SJVN 119.18 120
SONACOMS 636 650
SRF 2318.1 2300
SUNPHARMA 1809.4 1800
SUNTV 734 750
SUPREMEIND 4854.05 4900
SYNGENE 886.05 900
TATACHEM 1108 1120
TATACOMM 1850.5 1820
TATACONSUM 919.9 940
TATAELXSI 7377.15 7300
TATAMOTORS 790.1 800
TATAPOWER 431 435
TATASTEEL 149.4 150
TCS 4468.5 4400
TECHM 1793.2 1760
TIINDIA 3675.45 3700
TITAN 3434.8 3400
TORNTPHARM 3377.65 3350
TRENT 7062.95 6900
TVSMOTOR 2505.25 2500
UBL 1984 1960
ULTRACEMCO 11879.4 11800
UNIONBANK 128.49 128
UNITDSPR 1516.85 1520
UPL 545.6 550
VBL 638.35 640
VEDL 523.6 500
VOLTAS 1790.1 1760
WIPRO 311.45 300
YESBANK 21.45 21
ZOMATO 291.8 280
ZYDUSLIFE 978.65 980

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:
  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.