AXISBANK
Axis Bank Limited
Max pain for AXISBANK
17 Feb 2025 04:13 PM IST
Max Pain for AXISBANK is 1000
Strike 800 has a total call value of 0 versus a total put value of 236,606,875,000 Combined total value = 236,606,875,000
Strike 810 has a total call value of 0 versus a total put value of 223,188,125,000 Combined total value = 223,188,125,000
Strike 820 has a total call value of 0 versus a total put value of 209,769,375,000 Combined total value = 209,769,375,000
Strike 830 has a total call value of 0 versus a total put value of 196,350,625,000 Combined total value = 196,350,625,000
Strike 840 has a total call value of 0 versus a total put value of 182,931,875,000 Combined total value = 182,931,875,000
Strike 850 has a total call value of 0 versus a total put value of 169,755,625,000 Combined total value = 169,755,625,000
Strike 860 has a total call value of 0 versus a total put value of 157,087,500,000 Combined total value = 157,087,500,000
Strike 870 has a total call value of 0 versus a total put value of 144,869,375,000 Combined total value = 144,869,375,000
Strike 880 has a total call value of 0 versus a total put value of 132,827,500,000 Combined total value = 132,827,500,000
Strike 890 has a total call value of 0 versus a total put value of 121,071,875,000 Combined total value = 121,071,875,000
Strike 900 has a total call value of 0 versus a total put value of 109,720,625,000 Combined total value = 109,720,625,000
Strike 910 has a total call value of 118,750,000 versus a total put value of 99,071,875,000 Combined total value = 99,190,625,000
Strike 920 has a total call value of 237,500,000 versus a total put value of 88,485,625,000 Combined total value = 88,723,125,000
Strike 930 has a total call value of 378,750,000 versus a total put value of 78,166,250,000 Combined total value = 78,545,000,000
Strike 940 has a total call value of 520,000,000 versus a total put value of 68,240,625,000 Combined total value = 68,760,625,000
Strike 950 has a total call value of 771,875,000 versus a total put value of 58,873,125,000 Combined total value = 59,645,000,000
Strike 960 has a total call value of 1,136,875,000 versus a total put value of 50,319,375,000 Combined total value = 51,456,250,000
Strike 970 has a total call value of 1,648,125,000 versus a total put value of 42,316,250,000 Combined total value = 43,964,375,000
Strike 980 has a total call value of 2,406,875,000 versus a total put value of 34,840,625,000 Combined total value = 37,247,500,000
Strike 990 has a total call value of 3,621,875,000 versus a total put value of 28,481,875,000 Combined total value = 32,103,750,000
Strike 1000 has a total call value of 5,463,750,000 versus a total put value of 23,077,500,000 Combined total value = 28,541,250,000
Strike 1010 has a total call value of 9,695,000,000 versus a total put value of 19,698,125,000 Combined total value = 29,393,125,000
Strike 1020 has a total call value of 15,276,250,000 versus a total put value of 16,768,750,000 Combined total value = 32,045,000,000
Strike 1030 has a total call value of 23,028,125,000 versus a total put value of 14,312,500,000 Combined total value = 37,340,625,000
Strike 1040 has a total call value of 32,551,250,000 versus a total put value of 12,081,875,000 Combined total value = 44,633,125,000
Strike 1050 has a total call value of 43,518,125,000 versus a total put value of 10,028,750,000 Combined total value = 53,546,875,000
Strike 1060 has a total call value of 62,017,500,000 versus a total put value of 8,613,750,000 Combined total value = 70,631,250,000
Strike 1070 has a total call value of 81,412,500,000 versus a total put value of 7,266,875,000 Combined total value = 88,679,375,000
Strike 1080 has a total call value of 101,361,250,000 versus a total put value of 5,992,500,000 Combined total value = 107,353,750,000
Strike 1090 has a total call value of 121,988,125,000 versus a total put value of 4,718,125,000 Combined total value = 126,706,250,000
Strike 1100 has a total call value of 143,054,375,000 versus a total put value of 3,443,750,000 Combined total value = 146,498,125,000
Strike 1110 has a total call value of 167,364,375,000 versus a total put value of 3,101,250,000 Combined total value = 170,465,625,000
Strike 1120 has a total call value of 192,060,625,000 versus a total put value of 2,758,750,000 Combined total value = 194,819,375,000
Strike 1130 has a total call value of 217,015,000,000 versus a total put value of 2,416,250,000 Combined total value = 219,431,250,000
Strike 1140 has a total call value of 242,403,750,000 versus a total put value of 2,073,750,000 Combined total value = 244,477,500,000
Strike 1150 has a total call value of 268,391,250,000 versus a total put value of 1,731,250,000 Combined total value = 270,122,500,000
Strike 1160 has a total call value of 295,037,500,000 versus a total put value of 1,388,750,000 Combined total value = 296,426,250,000
Strike 1170 has a total call value of 321,841,875,000 versus a total put value of 1,046,250,000 Combined total value = 322,888,125,000
Strike 1180 has a total call value of 348,712,500,000 versus a total put value of 703,750,000 Combined total value = 349,416,250,000
Strike 1190 has a total call value of 375,583,125,000 versus a total put value of 361,250,000 Combined total value = 375,944,375,000
Strike 1200 has a total call value of 402,453,750,000 versus a total put value of 18,750,000 Combined total value = 402,472,500,000
Strike 1210 has a total call value of 430,475,625,000 versus a total put value of 15,625,000 Combined total value = 430,491,250,000
Strike 1220 has a total call value of 458,497,500,000 versus a total put value of 12,500,000 Combined total value = 458,510,000,000
Strike 1230 has a total call value of 486,519,375,000 versus a total put value of 9,375,000 Combined total value = 486,528,750,000
Strike 1240 has a total call value of 514,541,250,000 versus a total put value of 6,250,000 Combined total value = 514,547,500,000
Strike 1250 has a total call value of 542,563,125,000 versus a total put value of 3,125,000 Combined total value = 542,566,250,000
Strike 1260 has a total call value of 570,585,000,000 versus a total put value of 0 Combined total value = 570,585,000,000
Strike 1270 has a total call value of 598,611,250,000 versus a total put value of 0 Combined total value = 598,611,250,000
Strike 1280 has a total call value of 626,637,500,000 versus a total put value of 0 Combined total value = 626,637,500,000
Strike 1290 has a total call value of 654,663,750,000 versus a total put value of 0 Combined total value = 654,663,750,000
Strike 1300 has a total call value of 682,690,000,000 versus a total put value of 0 Combined total value = 682,690,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 418.3 | 440 |
ABB | 5241.9 | 5400 |
ABBOTINDIA | 28569.5 | 28000 |
ABCAPITAL | 153.97 | 170 |
ABFRL | 255.55 | 265 |
ACC | 1911.5 | 2040 |
ADANIENSOL | 702 | 740 |
ADANIENT | 2223.7 | 2340 |
ADANIGREEN | 890.35 | 900 |
ADANIPORTS | 1082.9 | 1100 |
ALKEM | 4794.3 | 4800 |
AMBUJACEM | 488.3 | 505 |
ANGELONE | 2211.6 | 2300 |
APLAPOLLO | 1333.75 | 1440 |
APOLLOHOSP | 6300.2 | 6400 |
APOLLOTYRE | 416.3 | 420 |
ASHOKLEY | 223.61 | 217.5 |
ASIANPAINT | 2250.85 | 2280 |
ASTRAL | 1384.5 | 1440 |
ATGL | 574.45 | 600 |
ATUL | 5402.85 | 5600 |
AUBANK | 522.05 | 550 |
AUROPHARMA | 1169.6 | 1180 |
AXISBANK | 992.95 | 1000 |
BAJAJ-AUTO | 8537.15 | 8800 |
BAJAJFINSV | 1894.85 | 1820 |
BAJFINANCE | 8426.6 | 8200 |
BALKRISIND | 2670.55 | 2700 |
BANDHANBNK | 132.82 | 150 |
BANKBARODA | 206.96 | 220 |
BANKINDIA | 99.03 | 100 |
BATAINDIA | 1296.3 | 1340 |
BEL | 248.5 | 265 |
BERGEPAINT | 483.7 | 480 |
BHARATFORG | 1082.65 | 1100 |
BHARTIARTL | 1675.55 | 1680 |
BHEL | 193.47 | 200 |
BIOCON | 347.55 | 360 |
BOSCHLTD | 26911.25 | 29000 |
BPCL | 252.3 | 260 |
BRITANNIA | 4963.7 | 4950 |
BSE | 5208.7 | 5300 |
BSOFT | 477.5 | 500 |
CAMS | 3381.8 | 3500 |
CANBK | 85.09 | 91 |
CANFINHOME | 608.85 | 640 |
CDSL | 1206.95 | 1240 |
CESC | 125.92 | 130 |
CGPOWER | 583 | 590 |
CHAMBLFERT | 542.8 | 530 |
CHOLAFIN | 1356.95 | 1340 |
CIPLA | 1474.65 | 1460 |
COALINDIA | 360.1 | 375 |
COFORGE | 7683.95 | 8100 |
COLPAL | 2462.4 | 2560 |
CONCOR | 703.35 | 740 |
COROMANDEL | 1707.55 | 1800 |
CROMPTON | 332.6 | 345 |
CUB | 160.85 | 165 |
CUMMINSIND | 2721.45 | 2800 |
CYIENT | 1439.3 | 1420 |
DABUR | 520.55 | 530 |
DALBHARAT | 1808.15 | 1820 |
DEEPAKNTR | 1898.5 | 2000 |
DELHIVERY | 267.35 | 280 |
DIVISLAB | 5923.75 | 5950 |
DIXON | 14199.5 | 14500 |
DLF | 674.75 | 700 |
DMART | 3621.5 | 3750 |
DRREDDY | 1198.95 | 1200 |
EICHERMOT | 4745.2 | 4950 |
ESCORTS | 2972.15 | 3150 |
EXIDEIND | 361.8 | 375 |
FEDERALBNK | 181.54 | 185 |
GAIL | 160.17 | 166 |
GLENMARK | 1373.8 | 1380 |
GMRAIRPORT | 70.26 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 557.1 | 560 |
GODREJCP | 1039.25 | 1070 |
GODREJPROP | 1974.05 | 2100 |
GRANULES | 522.25 | 540 |
GRASIM | 2463.85 | 2500 |
GUJGASLTD | 391.45 | 415 |
HAL | 3475.7 | 3650 |
HAVELLS | 1532.55 | 1560 |
HCLTECH | 1709.9 | 1720 |
HDFCAMC | 3730.55 | 3800 |
HDFCBANK | 1717.35 | 1700 |
HDFCLIFE | 623.25 | 630 |
HEROMOTOCO | 3876.45 | 4050 |
HFCL | 87.03 | 95 |
HINDALCO | 610.85 | 600 |
HINDCOPPER | 215.33 | 235 |
HINDPETRO | 318.1 | 330 |
HINDUNILVR | 2329.4 | 2380 |
HUDCO | 183.21 | 195 |
ICICIBANK | 1251.15 | 1250 |
ICICIGI | 1725.05 | 1800 |
ICICIPRULI | 575.2 | 600 |
IDEA | 8.27 | 9 |
IDFCFIRSTB | 61.5 | 62 |
IEX | 167.21 | 172.5 |
IGL | 190.25 | 195 |
INDHOTEL | 721.65 | 750 |
INDIAMART | 2102.4 | 2120 |
INDIANB | 517.55 | 530 |
INDIGO | 4303 | 4300 |
INDUSINDBK | 1048.25 | 1040 |
INDUSTOWER | 339.3 | 355 |
INFY | 1842.3 | 1880 |
IOC | 118.45 | 125 |
IPCALAB | 1476.75 | 1480 |
IRB | 47.7 | 49 |
IRCTC | 725.45 | 760 |
IRFC | 121.78 | 130 |
ITC | 408.6 | 420 |
JINDALSTEL | 837.65 | 840 |
JIOFIN | 222.45 | 235 |
JKCEMENT | 4637.9 | 4800 |
JSL | 590.3 | 610 |
JSWENERGY | 431.5 | 460 |
JSWSTEEL | 973.55 | 960 |
JUBLFOOD | 681.65 | 680 |
KALYANKJIL | 507.05 | 500 |
KEI | 3447.25 | 3500 |
KOTAKBANK | 1945.3 | 1920 |
KPITTECH | 1310.4 | 1400 |
LALPATHLAB | 2629.5 | 2800 |
LAURUSLABS | 555.5 | 580 |
LICHSGFIN | 538.5 | 570 |
LICI | 765.15 | 800 |
LODHA | 1167.8 | 1200 |
LT | 3221.85 | 3350 |
LTF | 136.04 | 145 |
LTIM | 5472.6 | 5700 |
LTTS | 4816.9 | 5100 |
LUPIN | 2026.95 | 2040 |
M&M | 2831.95 | 2950 |
M&MFIN | 276.85 | 280 |
MANAPPURAM | 193.29 | 195 |
MARICO | 624.75 | 640 |
MARUTI | 12762.9 | 12700 |
MAXHEALTH | 1014.65 | 1020 |
MCX | 5550.5 | 5700 |
METROPOLIS | 1680.35 | 1740 |
MFSL | 1065.65 | 1100 |
MGL | 1277.4 | 1320 |
MOTHERSON | 124.79 | 130 |
MPHASIS | 2591.35 | 2700 |
MRF | 109984 | 110000 |
MUTHOOTFIN | 2243.9 | 2260 |
NATIONALUM | 180.74 | 186 |
NAUKRI | 7338.9 | 7700 |
NAVINFLUOR | 4108.1 | 4100 |
NBCC | 82.02 | 85 |
NCC | 190.8 | 200 |
NESTLEIND | 2216.5 | 2220 |
NHPC | 73.21 | 74 |
NMDC | 62.56 | 65 |
NTPC | 302.35 | 310 |
NYKAA | 173.49 | 170 |
OBEROIRLTY | 1590.25 | 1620 |
OFSS | 8797.15 | 9000 |
OIL | 400.55 | 410 |
ONGC | 233.65 | 240 |
PAGEIND | 40921.4 | 43000 |
PAYTM | 733 | 740 |
PEL | 926.05 | 1000 |
PERSISTENT | 5531.3 | 5800 |
PETRONET | 284.9 | 295 |
PFC | 372.35 | 400 |
PHOENIXLTD | 1545.05 | 1600 |
PIDILITIND | 2781.7 | 2860 |
PIIND | 3118.6 | 3300 |
PNB | 93.18 | 97 |
POLICYBZR | 1494.35 | 1600 |
POLYCAB | 5414.2 | 5600 |
POONAWALLA | 285.3 | 300 |
POWERGRID | 263.2 | 265 |
PRESTIGE | 1240.4 | 1300 |
PVRINOX | 1006.55 | 1060 |
RAMCOCEM | 860.75 | 880 |
RBLBANK | 155.8 | 162.5 |
RECLTD | 389.1 | 420 |
RELIANCE | 1224.9 | 1250 |
SAIL | 105.33 | 107.5 |
SBICARD | 853.1 | 840 |
SBILIFE | 1476.2 | 1460 |
SBIN | 727.7 | 750 |
SHREECEM | 28309.15 | 28000 |
SHRIRAMFIN | 550.35 | 550 |
SIEMENS | 4859.3 | 5100 |
SJVN | 88.62 | 90 |
SOLARINDS | 8619.35 | 9000 |
SONACOMS | 487.3 | 510 |
SRF | 2747.8 | 2800 |
SUNPHARMA | 1714.2 | 1720 |
SUNTV | 585.3 | 600 |
SUPREMEIND | 3627.8 | 3800 |
SYNGENE | 700.9 | 730 |
TATACHEM | 854.5 | 920 |
TATACOMM | 1507.45 | 1600 |
TATACONSUM | 1023.25 | 1020 |
TATAELXSI | 6146.85 | 6200 |
TATAMOTORS | 686.6 | 700 |
TATAPOWER | 337.2 | 360 |
TATASTEEL | 134.29 | 135 |
TCS | 3904.5 | 4000 |
TECHM | 1664.95 | 1680 |
TIINDIA | 2603.6 | 2750 |
TITAN | 3233.2 | 3300 |
TORNTPHARM | 3078 | 3100 |
TORNTPOWER | 1239.35 | 1300 |
TRENT | 5096.45 | 5300 |
TVSMOTOR | 2365.7 | 2500 |
UBL | 2028.15 | 2040 |
ULTRACEMCO | 11490.1 | 11400 |
UNIONBANK | 109.01 | 110 |
UNITDSPR | 1349.7 | 1400 |
UPL | 632.2 | 610 |
VBL | 474.55 | 510 |
VEDL | 415.15 | 430 |
VOLTAS | 1241.6 | 1300 |
WIPRO | 305.35 | 307.5 |
YESBANK | 17.66 | 19 |
ZOMATO | 218.53 | 220 |
ZYDUSLIFE | 923.9 | 950 |
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.