AXISBANK
Axis Bank Limited
Max pain for AXISBANK
18 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 223,273,125,000 Combined total value = 223,273,125,000
Strike 810 has a total call value of 0 versus a total put value of 210,348,125,000 Combined total value = 210,348,125,000
Strike 820 has a total call value of 0 versus a total put value of 197,423,125,000 Combined total value = 197,423,125,000
Strike 830 has a total call value of 0 versus a total put value of 184,503,125,000 Combined total value = 184,503,125,000
Strike 840 has a total call value of 0 versus a total put value of 171,583,125,000 Combined total value = 171,583,125,000
Strike 850 has a total call value of 0 versus a total put value of 158,905,625,000 Combined total value = 158,905,625,000
Strike 860 has a total call value of 0 versus a total put value of 146,729,375,000 Combined total value = 146,729,375,000
Strike 870 has a total call value of 0 versus a total put value of 135,000,625,000 Combined total value = 135,000,625,000
Strike 880 has a total call value of 0 versus a total put value of 123,440,625,000 Combined total value = 123,440,625,000
Strike 890 has a total call value of 0 versus a total put value of 112,155,625,000 Combined total value = 112,155,625,000
Strike 900 has a total call value of 0 versus a total put value of 101,276,250,000 Combined total value = 101,276,250,000
Strike 910 has a total call value of 86,875,000 versus a total put value of 91,090,625,000 Combined total value = 91,177,500,000
Strike 920 has a total call value of 173,750,000 versus a total put value of 80,960,625,000 Combined total value = 81,134,375,000
Strike 930 has a total call value of 282,500,000 versus a total put value of 71,078,125,000 Combined total value = 71,360,625,000
Strike 940 has a total call value of 444,375,000 versus a total put value of 61,555,625,000 Combined total value = 62,000,000,000
Strike 950 has a total call value of 700,625,000 versus a total put value of 52,508,750,000 Combined total value = 53,209,375,000
Strike 960 has a total call value of 1,057,500,000 versus a total put value of 44,321,875,000 Combined total value = 45,379,375,000
Strike 970 has a total call value of 1,560,000,000 versus a total put value of 36,689,375,000 Combined total value = 38,249,375,000
Strike 980 has a total call value of 2,299,375,000 versus a total put value of 29,598,750,000 Combined total value = 31,898,125,000
Strike 990 has a total call value of 3,470,625,000 versus a total put value of 23,843,750,000 Combined total value = 27,314,375,000
Strike 1000 has a total call value of 5,247,500,000 versus a total put value of 19,020,625,000 Combined total value = 24,268,125,000
Strike 1010 has a total call value of 9,531,250,000 versus a total put value of 15,736,875,000 Combined total value = 25,268,125,000
Strike 1020 has a total call value of 15,166,875,000 versus a total put value of 12,895,000,000 Combined total value = 28,061,875,000
Strike 1030 has a total call value of 22,818,750,000 versus a total put value of 10,495,000,000 Combined total value = 33,313,750,000
Strike 1040 has a total call value of 32,128,750,000 versus a total put value of 8,317,500,000 Combined total value = 40,446,250,000
Strike 1050 has a total call value of 42,810,625,000 versus a total put value of 6,325,000,000 Combined total value = 49,135,625,000
Strike 1060 has a total call value of 61,011,875,000 versus a total put value of 4,975,000,000 Combined total value = 65,986,875,000
Strike 1070 has a total call value of 80,058,750,000 versus a total put value of 3,691,875,000 Combined total value = 83,750,625,000
Strike 1080 has a total call value of 99,655,625,000 versus a total put value of 2,480,625,000 Combined total value = 102,136,250,000
Strike 1090 has a total call value of 119,908,125,000 versus a total put value of 1,413,125,000 Combined total value = 121,321,250,000
Strike 1100 has a total call value of 140,558,750,000 versus a total put value of 406,250,000 Combined total value = 140,965,000,000
Strike 1110 has a total call value of 164,321,250,000 versus a total put value of 325,000,000 Combined total value = 164,646,250,000
Strike 1120 has a total call value of 188,463,750,000 versus a total put value of 243,750,000 Combined total value = 188,707,500,000
Strike 1130 has a total call value of 212,863,750,000 versus a total put value of 162,500,000 Combined total value = 213,026,250,000
Strike 1140 has a total call value of 237,695,625,000 versus a total put value of 81,250,000 Combined total value = 237,776,875,000
Strike 1150 has a total call value of 263,126,250,000 versus a total put value of 0 Combined total value = 263,126,250,000
Strike 1160 has a total call value of 289,212,500,000 versus a total put value of 0 Combined total value = 289,212,500,000
Strike 1170 has a total call value of 315,298,750,000 versus a total put value of 0 Combined total value = 315,298,750,000
Strike 1180 has a total call value of 341,451,250,000 versus a total put value of 0 Combined total value = 341,451,250,000
Strike 1190 has a total call value of 367,606,875,000 versus a total put value of 0 Combined total value = 367,606,875,000
Strike 1200 has a total call value of 393,762,500,000 versus a total put value of 0 Combined total value = 393,762,500,000
Strike 1210 has a total call value of 421,004,375,000 versus a total put value of 0 Combined total value = 421,004,375,000
Strike 1220 has a total call value of 448,246,250,000 versus a total put value of 0 Combined total value = 448,246,250,000
Strike 1230 has a total call value of 475,488,125,000 versus a total put value of 0 Combined total value = 475,488,125,000
Strike 1240 has a total call value of 502,730,000,000 versus a total put value of 0 Combined total value = 502,730,000,000
Strike 1250 has a total call value of 529,971,875,000 versus a total put value of 0 Combined total value = 529,971,875,000
Strike 1260 has a total call value of 557,213,750,000 versus a total put value of 0 Combined total value = 557,213,750,000
Strike 1270 has a total call value of 584,455,625,000 versus a total put value of 0 Combined total value = 584,455,625,000
Strike 1280 has a total call value of 611,697,500,000 versus a total put value of 0 Combined total value = 611,697,500,000
Strike 1290 has a total call value of 638,939,375,000 versus a total put value of 0 Combined total value = 638,939,375,000
Strike 1300 has a total call value of 666,181,250,000 versus a total put value of 0 Combined total value = 666,181,250,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 409.9 | 430 |
ABB | 5142.05 | 5300 |
ABBOTINDIA | 29325.5 | 28500 |
ABCAPITAL | 154.09 | 170 |
ABFRL | 250.5 | 260 |
ACC | 1880.4 | 2000 |
ADANIENSOL | 677.15 | 720 |
ADANIENT | 2220.3 | 2320 |
ADANIGREEN | 897.55 | 900 |
ADANIPORTS | 1085.15 | 1100 |
ALKEM | 4722.15 | 4800 |
AMBUJACEM | 486.75 | 500 |
ANGELONE | 2213.4 | 2300 |
APLAPOLLO | 1324.9 | 1400 |
APOLLOHOSP | 6376.85 | 6400 |
APOLLOTYRE | 412.1 | 420 |
ASHOKLEY | 222.28 | 217.5 |
ASIANPAINT | 2237.6 | 2280 |
ASTRAL | 1362.9 | 1440 |
ATGL | 579.4 | 600 |
ATUL | 5394.9 | 5500 |
AUBANK | 502.4 | 540 |
AUROPHARMA | 1163.35 | 1180 |
AXISBANK | 994.15 | 1000 |
BAJAJ-AUTO | 8446.6 | 8700 |
BAJAJFINSV | 1893.7 | 1840 |
BAJFINANCE | 8465.9 | 8200 |
BALKRISIND | 2648.05 | 2700 |
BANDHANBNK | 130.31 | 145 |
BANKBARODA | 206.09 | 220 |
BANKINDIA | 96 | 100 |
BATAINDIA | 1284.75 | 1320 |
BEL | 244.6 | 265 |
BERGEPAINT | 491.95 | 480 |
BHARATFORG | 1076.95 | 1100 |
BHARTIARTL | 1668.9 | 1680 |
BHEL | 186.57 | 200 |
BIOCON | 338.2 | 355 |
BOSCHLTD | 26977.6 | 29000 |
BPCL | 252.75 | 260 |
BRITANNIA | 4891.2 | 4950 |
BSE | 5186.1 | 5200 |
BSOFT | 472.85 | 500 |
CAMS | 3278 | 3500 |
CANBK | 84.65 | 90 |
CANFINHOME | 598.6 | 630 |
CDSL | 1184.55 | 1240 |
CESC | 127.9 | 130 |
CGPOWER | 578.75 | 580 |
CHAMBLFERT | 537 | 520 |
CHOLAFIN | 1350.4 | 1340 |
CIPLA | 1482.1 | 1460 |
COALINDIA | 361.1 | 370 |
COFORGE | 7692.25 | 8000 |
COLPAL | 2450 | 2540 |
CONCOR | 678.8 | 730 |
COROMANDEL | 1710.05 | 1780 |
CROMPTON | 331.25 | 345 |
CUB | 157.76 | 165 |
CUMMINSIND | 2717 | 2800 |
CYIENT | 1470 | 1420 |
DABUR | 515.15 | 525 |
DALBHARAT | 1799.9 | 1800 |
DEEPAKNTR | 1899.25 | 2000 |
DELHIVERY | 267.5 | 285 |
DIVISLAB | 5839.7 | 5900 |
DIXON | 14006.7 | 14500 |
DLF | 672.1 | 700 |
DMART | 3676.6 | 3750 |
DRREDDY | 1197.4 | 1200 |
EICHERMOT | 4719.4 | 4900 |
ESCORTS | 2995.75 | 3100 |
EXIDEIND | 360.55 | 370 |
FEDERALBNK | 180.69 | 185 |
GAIL | 164.07 | 166 |
GLENMARK | 1379.3 | 1380 |
GMRAIRPORT | 70.79 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 545.25 | 550 |
GODREJCP | 1015.55 | 1060 |
GODREJPROP | 1975.85 | 2100 |
GRANULES | 518.75 | 540 |
GRASIM | 2463.2 | 2500 |
GUJGASLTD | 392.75 | 410 |
HAL | 3344.6 | 3600 |
HAVELLS | 1510.95 | 1540 |
HCLTECH | 1725.5 | 1720 |
HDFCAMC | 3737.85 | 3800 |
HDFCBANK | 1723.05 | 1700 |
HDFCLIFE | 618.95 | 630 |
HEROMOTOCO | 3840.5 | 4050 |
HFCL | 83.58 | 95 |
HINDALCO | 611.45 | 600 |
HINDCOPPER | 213.4 | 230 |
HINDPETRO | 319.95 | 330 |
HINDUNILVR | 2296 | 2380 |
HUDCO | 179.92 | 190 |
ICICIBANK | 1243.05 | 1250 |
ICICIGI | 1738.4 | 1800 |
ICICIPRULI | 573.2 | 600 |
IDEA | 8.07 | 9 |
IDFCFIRSTB | 59.52 | 62 |
IEX | 164.63 | 170 |
IGL | 192.34 | 195 |
INDHOTEL | 721.95 | 750 |
INDIAMART | 2068.8 | 2100 |
INDIANB | 518.75 | 520 |
INDIGO | 4345.55 | 4350 |
INDUSINDBK | 1024.1 | 1030 |
INDUSTOWER | 337.05 | 350 |
INFY | 1851.95 | 1860 |
IOC | 119 | 125 |
IPCALAB | 1473.05 | 1480 |
IRB | 46.11 | 49 |
IRCTC | 719.2 | 750 |
IRFC | 119.27 | 125 |
ITC | 405.25 | 420 |
JINDALSTEL | 846.95 | 840 |
JIOFIN | 221.02 | 230 |
JKCEMENT | 4517.45 | 4750 |
JSL | 582.75 | 620 |
JSWENERGY | 440.4 | 450 |
JSWSTEEL | 978.8 | 960 |
JUBLFOOD | 693.05 | 680 |
KALYANKJIL | 484.3 | 500 |
KEI | 3403.6 | 3500 |
KOTAKBANK | 1963.35 | 1920 |
KPITTECH | 1329.45 | 1400 |
LALPATHLAB | 2627.15 | 2700 |
LAURUSLABS | 546 | 580 |
LICHSGFIN | 530.55 | 560 |
LICI | 758.95 | 800 |
LODHA | 1162.55 | 1200 |
LT | 3220.15 | 3350 |
LTF | 132.28 | 142.5 |
LTIM | 5668.6 | 5700 |
LTTS | 4929.6 | 5000 |
LUPIN | 2013.5 | 2040 |
M&M | 2790.05 | 2900 |
M&MFIN | 272.8 | 280 |
MANAPPURAM | 189.33 | 195 |
MARICO | 626.15 | 630 |
MARUTI | 12786.2 | 12700 |
MAXHEALTH | 1038.2 | 1040 |
MCX | 5438.4 | 5700 |
METROPOLIS | 1647.4 | 1720 |
MFSL | 1062.05 | 1100 |
MGL | 1301.4 | 1320 |
MOTHERSON | 128.36 | 130 |
MPHASIS | 2578.95 | 2650 |
MRF | 109020.45 | 110000 |
MUTHOOTFIN | 2244.5 | 2240 |
NATIONALUM | 179.57 | 186 |
NAUKRI | 7558.9 | 7700 |
NAVINFLUOR | 4085.05 | 4150 |
NBCC | 77.79 | 82.5 |
NCC | 186.15 | 200 |
NESTLEIND | 2222.4 | 2240 |
NHPC | 73.01 | 74 |
NMDC | 63.07 | 65 |
NTPC | 311.2 | 310 |
NYKAA | 170.9 | 170 |
OBEROIRLTY | 1590.55 | 1620 |
OFSS | 8756.7 | 9000 |
OIL | 398.55 | 410 |
ONGC | 236.6 | 240 |
PAGEIND | 40617.75 | 42000 |
PAYTM | 718.05 | 740 |
PEL | 920.1 | 1000 |
PERSISTENT | 5797.25 | 5800 |
PETRONET | 288.2 | 295 |
PFC | 375.5 | 390 |
PHOENIXLTD | 1600.15 | 1600 |
PIDILITIND | 2766.55 | 2860 |
PIIND | 3165.6 | 3300 |
PNB | 91.86 | 97 |
POLICYBZR | 1526.1 | 1600 |
POLYCAB | 5436.9 | 5600 |
POONAWALLA | 290.6 | 300 |
POWERGRID | 266.95 | 265 |
PRESTIGE | 1217.15 | 1300 |
PVRINOX | 988.25 | 1040 |
RAMCOCEM | 850.2 | 880 |
RBLBANK | 150.97 | 160 |
RECLTD | 385.3 | 410 |
RELIANCE | 1225.4 | 1250 |
SAIL | 104.39 | 107.5 |
SBICARD | 865.35 | 840 |
SBILIFE | 1475.35 | 1460 |
SBIN | 725.8 | 750 |
SHREECEM | 28361.2 | 28000 |
SHRIRAMFIN | 553.35 | 550 |
SIEMENS | 4843.65 | 5100 |
SJVN | 89.51 | 90 |
SOLARINDS | 8609.2 | 9000 |
SONACOMS | 506.55 | 510 |
SRF | 2741.1 | 2800 |
SUNPHARMA | 1701.6 | 1720 |
SUNTV | 579.5 | 600 |
SUPREMEIND | 3662.6 | 3700 |
SYNGENE | 700.4 | 720 |
TATACHEM | 856.6 | 900 |
TATACOMM | 1488.3 | 1580 |
TATACONSUM | 1026.95 | 1020 |
TATAELXSI | 6097.45 | 6200 |
TATAMOTORS | 682.4 | 700 |
TATAPOWER | 339.6 | 355 |
TATASTEEL | 134.54 | 135 |
TCS | 3873.2 | 4000 |
TECHM | 1705 | 1680 |
TIINDIA | 2609.9 | 2700 |
TITAN | 3221.85 | 3300 |
TORNTPHARM | 3041.8 | 3100 |
TORNTPOWER | 1235.15 | 1300 |
TRENT | 4997.75 | 5300 |
TVSMOTOR | 2353.65 | 2460 |
UBL | 2022.8 | 2040 |
ULTRACEMCO | 11308.9 | 11400 |
UNIONBANK | 109.73 | 110 |
UNITDSPR | 1335 | 1400 |
UPL | 630.8 | 610 |
VBL | 469.1 | 500 |
VEDL | 418.2 | 430 |
VOLTAS | 1226.85 | 1300 |
WIPRO | 312.2 | 310 |
YESBANK | 17.46 | 19 |
ZOMATO | 223.31 | 220 |
ZYDUSLIFE | 914.05 | 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.