AXISBANK
Axis Bank Limited
Max pain for AXISBANK
10 Jul 2025 04:12 PM IST
Max Pain for AXISBANK is 1180
Strike 1000 has a total call value of 0 versus a total put value of 183,692,500,000 Combined total value = 183,692,500,000
Strike 1010 has a total call value of 0 versus a total put value of 171,418,750,000 Combined total value = 171,418,750,000
Strike 1020 has a total call value of 0 versus a total put value of 159,145,000,000 Combined total value = 159,145,000,000
Strike 1030 has a total call value of 0 versus a total put value of 146,978,750,000 Combined total value = 146,978,750,000
Strike 1040 has a total call value of 0 versus a total put value of 134,812,500,000 Combined total value = 134,812,500,000
Strike 1050 has a total call value of 0 versus a total put value of 123,257,500,000 Combined total value = 123,257,500,000
Strike 1060 has a total call value of 0 versus a total put value of 111,838,125,000 Combined total value = 111,838,125,000
Strike 1070 has a total call value of 0 versus a total put value of 100,941,875,000 Combined total value = 100,941,875,000
Strike 1080 has a total call value of 6,250,000 versus a total put value of 90,455,625,000 Combined total value = 90,461,875,000
Strike 1090 has a total call value of 12,500,000 versus a total put value of 80,448,125,000 Combined total value = 80,460,625,000
Strike 1100 has a total call value of 39,375,000 versus a total put value of 70,655,000,000 Combined total value = 70,694,375,000
Strike 1110 has a total call value of 297,500,000 versus a total put value of 61,622,500,000 Combined total value = 61,920,000,000
Strike 1120 has a total call value of 583,750,000 versus a total put value of 52,741,875,000 Combined total value = 53,325,625,000
Strike 1130 has a total call value of 925,000,000 versus a total put value of 44,268,750,000 Combined total value = 45,193,750,000
Strike 1140 has a total call value of 1,385,000,000 versus a total put value of 36,069,375,000 Combined total value = 37,454,375,000
Strike 1150 has a total call value of 1,964,375,000 versus a total put value of 28,323,125,000 Combined total value = 30,287,500,000
Strike 1160 has a total call value of 2,860,625,000 versus a total put value of 21,935,625,000 Combined total value = 24,796,250,000
Strike 1170 has a total call value of 4,363,125,000 versus a total put value of 16,298,750,000 Combined total value = 20,661,875,000
Strike 1180 has a total call value of 7,277,500,000 versus a total put value of 11,465,625,000 Combined total value = 18,743,125,000
Strike 1190 has a total call value of 12,850,625,000 versus a total put value of 7,800,000,000 Combined total value = 20,650,625,000
Strike 1200 has a total call value of 19,465,000,000 versus a total put value of 4,373,125,000 Combined total value = 23,838,125,000
Strike 1210 has a total call value of 32,384,375,000 versus a total put value of 2,848,125,000 Combined total value = 35,232,500,000
Strike 1220 has a total call value of 47,881,875,000 versus a total put value of 1,605,000,000 Combined total value = 49,486,875,000
Strike 1230 has a total call value of 66,193,750,000 versus a total put value of 721,875,000 Combined total value = 66,915,625,000
Strike 1240 has a total call value of 85,930,625,000 versus a total put value of 191,875,000 Combined total value = 86,122,500,000
Strike 1250 has a total call value of 106,838,750,000 versus a total put value of 22,500,000 Combined total value = 106,861,250,000
Strike 1260 has a total call value of 129,863,125,000 versus a total put value of 11,250,000 Combined total value = 129,874,375,000
Strike 1270 has a total call value of 153,867,500,000 versus a total put value of 0 Combined total value = 153,867,500,000
Strike 1280 has a total call value of 178,309,375,000 versus a total put value of 0 Combined total value = 178,309,375,000
Strike 1290 has a total call value of 203,226,875,000 versus a total put value of 0 Combined total value = 203,226,875,000
Strike 1300 has a total call value of 228,589,375,000 versus a total put value of 0 Combined total value = 228,589,375,000
Strike 1310 has a total call value of 256,345,000,000 versus a total put value of 0 Combined total value = 256,345,000,000
Strike 1320 has a total call value of 284,219,375,000 versus a total put value of 0 Combined total value = 284,219,375,000
Strike 1330 has a total call value of 312,368,125,000 versus a total put value of 0 Combined total value = 312,368,125,000
Strike 1340 has a total call value of 341,018,125,000 versus a total put value of 0 Combined total value = 341,018,125,000
Strike 1350 has a total call value of 369,938,750,000 versus a total put value of 0 Combined total value = 369,938,750,000
Strike 1360 has a total call value of 399,098,750,000 versus a total put value of 0 Combined total value = 399,098,750,000
Strike 1370 has a total call value of 428,776,250,000 versus a total put value of 0 Combined total value = 428,776,250,000
Strike 1380 has a total call value of 458,453,750,000 versus a total put value of 0 Combined total value = 458,453,750,000
Strike 1390 has a total call value of 488,456,875,000 versus a total put value of 0 Combined total value = 488,456,875,000
Strike 1400 has a total call value of 518,460,000,000 versus a total put value of 0 Combined total value = 518,460,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1190.1 | 1200 |
| AARTIIND | 448 | 465 |
| ABB | 5893.5 | 6000 |
| ABCAPITAL | 272 | 270 |
| ABFRL | 77.8 | 75 |
| ACC | 2001.5 | 1940 |
| ADANIENSOL | 890 | 880 |
| ADANIENT | 2581 | 2620 |
| ADANIGREEN | 997.6 | 1000 |
| ADANIPORTS | 1442.6 | 1420 |
| ALKEM | 4734.9 | 4800 |
| AMBER | 7753 | 7200 |
| AMBUJACEM | 584 | 600 |
| ANGELONE | 2727.4 | 2800 |
| APLAPOLLO | 1715 | 1740 |
| APOLLOHOSP | 7353 | 7450 |
| ASHOKLEY | 249.8 | 250 |
| ASIANPAINT | 2451.2 | 2400 |
| ASTRAL | 1492.9 | 1500 |
| ATGL | 651.95 | 670 |
| AUBANK | 828.2 | 810 |
| AUROPHARMA | 1129.9 | 1140 |
| AXISBANK | 1164.3 | 1180 |
| BAJAJ-AUTO | 8285 | 8400 |
| BAJAJFINSV | 2037.3 | 2040 |
| BAJFINANCE | 947.65 | 940 |
| BALKRISIND | 2636 | 2580 |
| BANDHANBNK | 178.26 | 180 |
| BANKBARODA | 238.84 | 241.65 |
| BANKINDIA | 114.42 | 115.95 |
| BDL | 1892.8 | 1900 |
| BEL | 413.5 | 420 |
| BHARATFORG | 1224 | 1280 |
| BHARTIARTL | 1964.5 | 1980 |
| BHEL | 261.3 | 260 |
| BIOCON | 372 | 365 |
| BLUESTARCO | 1796.3 | 1800 |
| BOSCHLTD | 36280 | 34500 |
| BPCL | 350.95 | 340 |
| BRITANNIA | 5878 | 5800 |
| BSE | 2466.3 | 2600 |
| BSOFT | 427.95 | 430 |
| CAMS | 4187.9 | 4250 |
| CANBK | 112.39 | 113 |
| CDSL | 1747.2 | 1760 |
| CESC | 178.44 | 175 |
| CGPOWER | 677.35 | 670 |
| CHAMBLFERT | 550.5 | 560 |
| CHOLAFIN | 1546.8 | 1560 |
| CIPLA | 1477.2 | 1500 |
| COALINDIA | 384.05 | 395 |
| COFORGE | 1887.5 | 1880 |
| COLPAL | 2411.3 | 2440 |
| CONCOR | 627.1 | 610 |
| CROMPTON | 343.8 | 350 |
| CUMMINSIND | 3518.9 | 3400 |
| CYIENT | 1293.9 | 1300 |
| DABUR | 521.85 | 505 |
| DALBHARAT | 2171.7 | 2180 |
| DELHIVERY | 415.1 | 400 |
| DIVISLAB | 6844.5 | 6800 |
| DIXON | 15849 | 15000 |
| DLF | 831.55 | 840 |
| DMART | 4157 | 4250 |
| DRREDDY | 1262.6 | 1280 |
| EICHERMOT | 5652 | 5700 |
| ETERNAL | 262.85 | 260 |
| EXIDEIND | 388.95 | 390 |
| FEDERALBNK | 210.98 | 212.5 |
| FORTIS | 773.45 | 780 |
| GAIL | 185.67 | 190 |
| GLENMARK | 1904 | 1800 |
| GMRAIRPORT | 92.13 | 90 |
| GODREJCP | 1286.7 | 1260 |
| GODREJPROP | 2256.2 | 2300 |
| GRANULES | 473.8 | 490 |
| GRASIM | 2774.8 | 2800 |
| HAL | 4915.6 | 5000 |
| HAVELLS | 1531 | 1560 |
| HCLTECH | 1660.1 | 1700 |
| HDFCAMC | 5200 | 5100 |
| HDFCBANK | 2006.2 | 2000 |
| HDFCLIFE | 771.25 | 790 |
| HEROMOTOCO | 4315.8 | 4300 |
| HFCL | 82.15 | 85 |
| HINDALCO | 675.05 | 680 |
| HINDCOPPER | 265 | 265 |
| HINDPETRO | 441.25 | 435 |
| HINDUNILVR | 2408.4 | 2360 |
| HINDZINC | 422.8 | 450 |
| HUDCO | 231.36 | 235 |
| ICICIBANK | 1424 | 1440 |
| ICICIGI | 1994.6 | 2000 |
| ICICIPRULI | 673.05 | 660 |
| IDEA | 7.33 | 7 |
| IDFCFIRSTB | 76.63 | 75 |
| IEX | 206.47 | 200 |
| IGL | 221 | 215 |
| IIFL | 520.9 | 490 |
| INDHOTEL | 743.35 | 760 |
| INDIANB | 631.25 | 633.75 |
| INDIGO | 5841.5 | 5800 |
| INDUSINDBK | 852.85 | 850 |
| INDUSTOWER | 402.2 | 410 |
| INFY | 1615.8 | 1620 |
| INOXWIND | 178.99 | 175 |
| IOC | 152.33 | 150 |
| IRB | 48.33 | 49 |
| IRCTC | 784.2 | 790 |
| IREDA | 169.88 | 170 |
| IRFC | 137.13 | 140 |
| ITC | 416.85 | 420 |
| JINDALSTEL | 944.55 | 950 |
| JIOFIN | 331.65 | 322.5 |
| JSL | 681.8 | 690 |
| JSWENERGY | 530.55 | 510 |
| JSWSTEEL | 1043.3 | 1030 |
| JUBLFOOD | 685.2 | 700 |
| KALYANKJIL | 585.2 | 570 |
| KAYNES | 6164.5 | 6000 |
| KEI | 3696.6 | 3800 |
| KFINTECH | 1291.9 | 1300 |
| KOTAKBANK | 2203.8 | 2200 |
| KPITTECH | 1253.2 | 1260 |
| LAURUSLABS | 793.5 | 760 |
| LICHSGFIN | 605.5 | 610 |
| LICI | 926.55 | 940 |
| LODHA | 1411.8 | 1400 |
| LT | 3574.7 | 3600 |
| LTF | 206.99 | 202.5 |
| LTIM | 5307.5 | 5350 |
| LUPIN | 1894.8 | 1940 |
| M&M | 3162.4 | 3200 |
| M&MFIN | 267.25 | 270 |
| MANAPPURAM | 265.5 | 270 |
| MANKIND | 2544 | 2450 |
| MARICO | 727 | 730 |
| MARUTI | 12650 | 12600 |
| MAXHEALTH | 1251.6 | 1260 |
| MAZDOCK | 3263 | 3300 |
| MCX | 8330 | 8500 |
| MFSL | 1582.8 | 1600 |
| MGL | 1482.2 | 1500 |
| MOTHERSON | 153.53 | 155 |
| MPHASIS | 2861.1 | 2823 |
| MUTHOOTFIN | 2644.8 | 2600 |
| NATIONALUM | 189 | 190 |
| NAUKRI | 1420.1 | 1460 |
| NBCC | 113.97 | 120 |
| NCC | 223.5 | 225 |
| NESTLEIND | 2400.1 | 2420 |
| NHPC | 87.52 | 86 |
| NMDC | 68.69 | 70 |
| NTPC | 341.45 | 340 |
| NYKAA | 216.52 | 207.5 |
| OBEROIRLTY | 1843.1 | 1900 |
| OFSS | 8777 | 9000 |
| OIL | 437.5 | 450 |
| ONGC | 243.09 | 242.5 |
| PAGEIND | 48115 | 48000 |
| PATANJALI | 1663.6 | 1660 |
| PAYTM | 940.55 | 920 |
| PEL | 1163 | 1160 |
| PERSISTENT | 5680.5 | 5800 |
| PETRONET | 305.6 | 310 |
| PFC | 429 | 420 |
| PGEL | 774 | 760 |
| PHOENIXLTD | 1509.6 | 1540 |
| PIDILITIND | 3060 | 3060 |
| PIIND | 4043.7 | 4100 |
| PNB | 109.76 | 110 |
| PNBHOUSING | 1084.3 | 1100 |
| POLICYBZR | 1832.1 | 1840 |
| POLYCAB | 6800 | 6600 |
| POONAWALLA | 467.3 | 460 |
| POWERGRID | 298.95 | 300 |
| PPLPHARMA | 200.64 | 200 |
| PRESTIGE | 1696.5 | 1680 |
| RBLBANK | 255.5 | 245 |
| RECLTD | 397.55 | 400 |
| RELIANCE | 1517.2 | 1510 |
| RVNL | 384.85 | 400 |
| SAIL | 134.9 | 135 |
| SBICARD | 935.2 | 940 |
| SBILIFE | 1810 | 1820 |
| SBIN | 808 | 810 |
| SHREECEM | 31200 | 31000 |
| SHRIRAMFIN | 671.75 | 680 |
| SIEMENS | 3191.6 | 3250 |
| SJVN | 97.61 | 100 |
| SOLARINDS | 15960 | 16500 |
| SONACOMS | 454.65 | 460 |
| SRF | 3259.6 | 3200 |
| SUNPHARMA | 1662.5 | 1680 |
| SUPREMEIND | 4149.2 | 4300 |
| SYNGENE | 634.3 | 650 |
| TATACHEM | 925.25 | 940 |
| TATACOMM | 1753.4 | 1760 |
| TATACONSUM | 1088.9 | 1100 |
| TATAELXSI | 6136 | 6100 |
| TATAMOTORS | 695.6 | 700 |
| TATAPOWER | 399.9 | 405 |
| TATASTEEL | 160.63 | 161.4 |
| TATATECH | 708.75 | 720 |
| TCS | 3382 | 3400 |
| TECHM | 1600.1 | 1640 |
| TIINDIA | 2899.5 | 3000 |
| TITAGARH | 949.8 | 940 |
| TITAN | 3419.8 | 3500 |
| TORNTPHARM | 3339.4 | 3350 |
| TORNTPOWER | 1426.7 | 1460 |
| TRENT | 5431 | 5600 |
| TVSMOTOR | 2830.1 | 2860 |
| ULTRACEMCO | 12516 | 12300 |
| UNIONBANK | 143.86 | 145 |
| UNITDSPR | 1384 | 1420 |
| UNOMINDA | 1098.6 | 1100 |
| UPL | 661.65 | 640 |
| VBL | 459.75 | 460 |
| VEDL | 439.2 | 450 |
| VOLTAS | 1368.9 | 1340 |
| WIPRO | 265.05 | 265 |
| YESBANK | 19.81 | 20 |
| ZYDUSLIFE | 972.95 | 990 |
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.
