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AXISBANK
Axis Bank Limited

1143.15 4.00 (0.35%)

Max pain for AXISBANK

14 Nov 2024 09:23 AM IST

Max Pain for AXISBANK is 1160  



Strike  960  has a total call value of 0  versus a total put value of  123,546,250,000 Combined total value = 123,546,250,000

Strike  970  has a total call value of 0  versus a total put value of  116,291,875,000 Combined total value = 116,291,875,000

Strike  980  has a total call value of 0  versus a total put value of  109,037,500,000 Combined total value = 109,037,500,000

Strike  990  has a total call value of 0  versus a total put value of  101,783,125,000 Combined total value = 101,783,125,000

Strike  1000  has a total call value of 0  versus a total put value of  94,528,750,000 Combined total value = 94,528,750,000

Strike  1010  has a total call value of 0  versus a total put value of  87,599,375,000 Combined total value = 87,599,375,000

Strike  1020  has a total call value of 0  versus a total put value of  80,670,000,000 Combined total value = 80,670,000,000

Strike  1030  has a total call value of 0  versus a total put value of  73,887,500,000 Combined total value = 73,887,500,000

Strike  1040  has a total call value of 0  versus a total put value of  67,248,750,000 Combined total value = 67,248,750,000

Strike  1050  has a total call value of 0  versus a total put value of  60,698,125,000 Combined total value = 60,698,125,000

Strike  1060  has a total call value of 0  versus a total put value of  54,437,500,000 Combined total value = 54,437,500,000

Strike  1070  has a total call value of 0  versus a total put value of  48,370,000,000 Combined total value = 48,370,000,000

Strike  1080  has a total call value of 0  versus a total put value of  42,423,125,000 Combined total value = 42,423,125,000

Strike  1090  has a total call value of 7,500,000  versus a total put value of  36,651,875,000 Combined total value = 36,659,375,000

Strike  1100  has a total call value of 28,750,000  versus a total put value of  31,038,125,000 Combined total value = 31,066,875,000

Strike  1110  has a total call value of 150,625,000  versus a total put value of  26,026,875,000 Combined total value = 26,177,500,000

Strike  1120  has a total call value of 310,000,000  versus a total put value of  21,201,875,000 Combined total value = 21,511,875,000

Strike  1130  has a total call value of 526,250,000  versus a total put value of  16,758,750,000 Combined total value = 17,285,000,000

Strike  1140  has a total call value of 840,625,000  versus a total put value of  12,735,625,000 Combined total value = 13,576,250,000

Strike  1150  has a total call value of 1,683,125,000  versus a total put value of  9,322,500,000 Combined total value = 11,005,625,000

Strike  1160  has a total call value of 3,315,000,000  versus a total put value of  6,629,375,000 Combined total value = 9,944,375,000

Strike  1170  has a total call value of 5,976,875,000  versus a total put value of  4,383,125,000 Combined total value = 10,360,000,000

Strike  1180  has a total call value of 10,710,625,000  versus a total put value of  2,575,625,000 Combined total value = 13,286,250,000

Strike  1190  has a total call value of 17,503,750,000  versus a total put value of  1,267,500,000 Combined total value = 18,771,250,000

Strike  1200  has a total call value of 25,475,625,000  versus a total put value of  69,375,000 Combined total value = 25,545,000,000

Strike  1210  has a total call value of 36,646,875,000  versus a total put value of  0 Combined total value = 36,646,875,000

Strike  1220  has a total call value of 48,505,625,000  versus a total put value of  0 Combined total value = 48,505,625,000

Strike  1230  has a total call value of 61,135,625,000  versus a total put value of  0 Combined total value = 61,135,625,000

Strike  1240  has a total call value of 74,128,750,000  versus a total put value of  0 Combined total value = 74,128,750,000

Strike  1250  has a total call value of 87,687,500,000  versus a total put value of  0 Combined total value = 87,687,500,000

Strike  1260  has a total call value of 102,304,375,000  versus a total put value of  0 Combined total value = 102,304,375,000

Strike  1270  has a total call value of 117,203,125,000  versus a total put value of  0 Combined total value = 117,203,125,000

Strike  1280  has a total call value of 132,101,875,000  versus a total put value of  0 Combined total value = 132,101,875,000

Strike  1290  has a total call value of 147,371,875,000  versus a total put value of  0 Combined total value = 147,371,875,000

Strike  1300  has a total call value of 162,641,875,000  versus a total put value of  0 Combined total value = 162,641,875,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 432.25 440
ABB 6717.3 7000
ABBOTINDIA 27755.9 28000
ABCAPITAL 189.79 200
ABFRL 293.4 270
ACC 2198.45 2280
ADANIENT 2837 2920
ADANIPORTS 1289.1 1340
ALKEM 5603.7 5500
AMBUJACEM 545.95 560
APOLLOHOSP 6838.75 7000
APOLLOTYRE 468.1 470
ASHOKLEY 216.2 220
ASIANPAINT 2486.9 2520
ASTRAL 1726 1760
ATUL 7271.6 7400
AUBANK 568.6 580
AUROPHARMA 1260.75 1300
AXISBANK 1143.15 1160
BAJAJ-AUTO 9478 9700
BAJAJFINSV 1660.15 1700
BAJFINANCE 6588.2 6800
BALKRISIND 2740 2750
BANDHANBNK 166.16 175
BANKBARODA 246.15 250
BATAINDIA 1328 1320
BEL 280 290
BERGEPAINT 489.85 490
BHARATFORG 1329.15 1380
BHARTIARTL 1547.85 1580
BHEL 223.9 235
BIOCON 335.4 335
BOSCHLTD 33539 34000
BPCL 302.85 310
BRITANNIA 5008.55 5100
BSOFT 552.75 560
CANBK 100.14 102
CANFINHOME 821.25 840
CHAMBLFERT 463.9 480
CHOLAFIN 1187.7 1260
CIPLA 1494 1540
COALINDIA 409.35 424.25
COFORGE 8136.75 8000
COLPAL 2759.65 2850
CONCOR 784.55 810
COROMANDEL 1676.3 1700
CROMPTON 382 400
CUB 172.17 175
CUMMINSIND 3310.3 3400
DABUR 510.65 530
DALBHARAT 1695.1 1800
DEEPAKNTR 2487.5 2600
DIVISLAB 5754.85 5900
DIXON 14858.85 14500
DLF 759.9 780
DRREDDY 1239.85 1260
EICHERMOT 4916.7 4800
ESCORTS 3510.1 3600
EXIDEIND 419.75 440
FEDERALBNK 199.9 202.5
GAIL 190.56 195
GLENMARK 1538.3 1600
GMRINFRA 76.67 80
GNFC 547.75 560
GODREJCP 1186.05 1200
GODREJPROP 2588.45 2700
GRANULES 535 490
GRASIM 2509.5 2500
GUJGASLTD 494.3 510
HAL 4025.65 4300
HAVELLS 1612.05 1640
HCLTECH 1891.3 1820
HDFCAMC 4303 4350
HDFCBANK 1690.9 1720
HDFCLIFE 686.85 700
HEROMOTOCO 4519.85 4700
HINDALCO 634.6 650
HINDCOPPER 263 290
HINDPETRO 367.75 380
HINDUNILVR 2441.2 2500
ICICIBANK 1255.15 1260
ICICIGI 1866.05 1900
ICICIPRULI 692 710
IDEA 7.5 8
IDFCFIRSTB 64.16 65
IEX 163.37 170
IGL 415.3 420
INDHOTEL 718.4 710
INDIAMART 2320.85 2300
INDIGO 3871.1 3950
INDUSINDBK 1041.5 1060
INDUSTOWER 319.4 340
INFY 1871.1 1820
IOC 134.85 140
IPCALAB 1505.95 1520
IRCTC 799.9 820
ITC 471.25 480
JINDALSTEL 875.95 900
JKCEMENT 3951.05 4100
JSWSTEEL 936.4 960
JUBLFOOD 619.6 620
KOTAKBANK 1690.8 1760
LALPATHLAB 2947.05 3100
LAURUSLABS 480.8 490
LICHSGFIN 614 630
LT 3537.9 3600
LTF 136.89 140
LTIM 5936.1 6000
LTTS 5174 5200
LUPIN 2030 2100
M&M 2770.95 2850
M&MFIN 259.6 270
MANAPPURAM 160.82 155
MARICO 595.45 610
MARUTI 10961.35 11100
MCX 6092.65 6200
METROPOLIS 2044.9 2100
MFSL 1211.8 1200
MGL 1330.55 1400
MOTHERSON 163.5 170
MPHASIS 2864.6 2900
MRF 120944 120000
MUTHOOTFIN 1771.9 1800
NATIONALUM 228.67 225
NAUKRI 7556.25 7700
NAVINFLUOR 3288.85 3350
NESTLEIND 2230.9 2260
NMDC 227.02 225
NTPC 384.3 390
OBEROIRLTY 1958.3 1960
OFSS 11888.1 11500
ONGC 251.8 260
PAGEIND 45868.95 46000
PEL 1023.8 1020
PERSISTENT 5752.9 5600
PETRONET 317.35 328
PFC 465.65 460
PIDILITIND 2986.35 3100
PIIND 4099.75 4400
PNB 101.78 105
POLYCAB 6360.2 6500
POWERGRID 313.8 320
PVRINOX 1463.1 1480
RAMCOCEM 895.6 880
RBLBANK 153.98 160
RECLTD 510.95 520
RELIANCE 1259.35 1300
SAIL 113.25 115
SBICARD 686.45 680
SBILIFE 1554.05 1580
SBIN 813.65 830
SHREECEM 23719 24250
SHRIRAMFIN 2824.6 3000
SIEMENS 6651.9 6900
SRF 2205.05 2280
SUNPHARMA 1779.05 1820
SUNTV 728 730
SYNGENE 858.65 880
TATACHEM 1049.5 1100
TATACOMM 1762.2 1780
TATACONSUM 953.35 980
TATAMOTORS 787.95 810
TATAPOWER 405.5 420
TATASTEEL 139.67 147.5
TCS 4139.05 4150
TECHM 1680.45 1660
TITAN 3181.8 3200
TORNTPHARM 3116.4 3100
TRENT 6514.1 6600
TVSMOTOR 2386.6 2450
UBL 1867.45 1900
ULTRACEMCO 10574 11000
UNITDSPR 1431.3 1460
UPL 516.65 530
VEDL 435.5 460
VOLTAS 1710.75 1700
WIPRO 571.95 560
ZYDUSLIFE 971.15 980

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.