BAJAJ-AUTO
Bajaj Auto Limited
Max pain for BAJAJ-AUTO
15 Jul 2025 12:36 PM ISTNext Refresh in
Max Pain for BAJAJ-AUTO is 8390
Strike 7000 has a total call value of 0 versus a total put value of 82,224,300,000 Combined total value = 82,224,300,000
Strike 7100 has a total call value of 0 versus a total put value of 74,714,550,000 Combined total value = 74,714,550,000
Strike 7190 has a total call value of 0 versus a total put value of 67,955,775,000 Combined total value = 67,955,775,000
Strike 7200 has a total call value of 0 versus a total put value of 67,204,800,000 Combined total value = 67,204,800,000
Strike 7300 has a total call value of 0 versus a total put value of 60,028,050,000 Combined total value = 60,028,050,000
Strike 7390 has a total call value of 0 versus a total put value of 53,568,975,000 Combined total value = 53,568,975,000
Strike 7400 has a total call value of 0 versus a total put value of 52,851,300,000 Combined total value = 52,851,300,000
Strike 7490 has a total call value of 0 versus a total put value of 46,478,625,000 Combined total value = 46,478,625,000
Strike 7500 has a total call value of 0 versus a total put value of 45,771,450,000 Combined total value = 45,771,450,000
Strike 7590 has a total call value of 2,700,000 versus a total put value of 39,654,600,000 Combined total value = 39,657,300,000
Strike 7600 has a total call value of 3,000,000 versus a total put value of 38,985,675,000 Combined total value = 38,988,675,000
Strike 7690 has a total call value of 5,700,000 versus a total put value of 33,173,250,000 Combined total value = 33,178,950,000
Strike 7700 has a total call value of 6,000,000 versus a total put value of 32,527,425,000 Combined total value = 32,533,425,000
Strike 7790 has a total call value of 8,700,000 versus a total put value of 27,030,225,000 Combined total value = 27,038,925,000
Strike 7800 has a total call value of 9,000,000 versus a total put value of 26,439,525,000 Combined total value = 26,448,525,000
Strike 7890 has a total call value of 22,500,000 versus a total put value of 21,449,250,000 Combined total value = 21,471,750,000
Strike 7900 has a total call value of 24,000,000 versus a total put value of 20,894,775,000 Combined total value = 20,918,775,000
Strike 7990 has a total call value of 37,500,000 versus a total put value of 16,053,000,000 Combined total value = 16,090,500,000
Strike 8000 has a total call value of 40,350,000 versus a total put value of 15,531,750,000 Combined total value = 15,572,100,000
Strike 8090 has a total call value of 223,275,000 versus a total put value of 11,885,400,000 Combined total value = 12,108,675,000
Strike 8100 has a total call value of 243,600,000 versus a total put value of 11,486,100,000 Combined total value = 11,729,700,000
Strike 8190 has a total call value of 594,600,000 versus a total put value of 8,161,050,000 Combined total value = 8,755,650,000
Strike 8200 has a total call value of 646,875,000 versus a total put value of 7,811,700,000 Combined total value = 8,458,575,000
Strike 8290 has a total call value of 1,419,075,000 versus a total put value of 5,024,625,000 Combined total value = 6,443,700,000
Strike 8300 has a total call value of 1,529,925,000 versus a total put value of 4,736,475,000 Combined total value = 6,266,400,000
Strike 8390 has a total call value of 3,080,400,000 versus a total put value of 2,689,200,000 Combined total value = 5,769,600,000
Strike 8400 has a total call value of 3,298,725,000 versus a total put value of 2,485,125,000 Combined total value = 5,783,850,000
Strike 8490 has a total call value of 6,453,000,000 versus a total put value of 1,352,475,000 Combined total value = 7,805,475,000
Strike 8500 has a total call value of 6,847,200,000 versus a total put value of 1,250,700,000 Combined total value = 8,097,900,000
Strike 8590 has a total call value of 12,007,575,000 versus a total put value of 776,175,000 Combined total value = 12,783,750,000
Strike 8600 has a total call value of 12,605,175,000 versus a total put value of 723,450,000 Combined total value = 13,328,625,000
Strike 8690 has a total call value of 18,859,725,000 versus a total put value of 449,400,000 Combined total value = 19,309,125,000
Strike 8700 has a total call value of 19,580,550,000 versus a total put value of 418,950,000 Combined total value = 19,999,500,000
Strike 8790 has a total call value of 26,856,375,000 versus a total put value of 244,125,000 Combined total value = 27,100,500,000
Strike 8800 has a total call value of 27,699,300,000 versus a total put value of 232,500,000 Combined total value = 27,931,800,000
Strike 8890 has a total call value of 36,081,450,000 versus a total put value of 127,875,000 Combined total value = 36,209,325,000
Strike 8900 has a total call value of 37,021,800,000 versus a total put value of 116,250,000 Combined total value = 37,138,050,000
Strike 8990 has a total call value of 45,841,350,000 versus a total put value of 11,625,000 Combined total value = 45,852,975,000
Strike 9000 has a total call value of 46,845,225,000 versus a total put value of 0 Combined total value = 46,845,225,000
Strike 9090 has a total call value of 57,849,750,000 versus a total put value of 0 Combined total value = 57,849,750,000
Strike 9100 has a total call value of 59,090,025,000 versus a total put value of 0 Combined total value = 59,090,025,000
Strike 9190 has a total call value of 70,254,525,000 versus a total put value of 0 Combined total value = 70,254,525,000
Strike 9200 has a total call value of 71,495,025,000 versus a total put value of 0 Combined total value = 71,495,025,000
Strike 9290 has a total call value of 82,662,225,000 versus a total put value of 0 Combined total value = 82,662,225,000
Strike 9300 has a total call value of 83,935,050,000 versus a total put value of 0 Combined total value = 83,935,050,000
Strike 9390 has a total call value of 95,390,475,000 versus a total put value of 0 Combined total value = 95,390,475,000
Strike 9400 has a total call value of 96,665,850,000 versus a total put value of 0 Combined total value = 96,665,850,000
Strike 9500 has a total call value of 109,464,600,000 versus a total put value of 0 Combined total value = 109,464,600,000
Strike 9590 has a total call value of 120,983,475,000 versus a total put value of 0 Combined total value = 120,983,475,000
Strike 9600 has a total call value of 122,280,450,000 versus a total put value of 0 Combined total value = 122,280,450,000
Strike 9700 has a total call value of 135,538,950,000 versus a total put value of 0 Combined total value = 135,538,950,000
Strike 9790 has a total call value of 147,471,600,000 versus a total put value of 0 Combined total value = 147,471,600,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1196.4 | 1200 |
| AARTIIND | 449.5 | 455 |
| ABB | 5669 | 5900 |
| ABCAPITAL | 269 | 270 |
| ABFRL | 76.94 | 77 |
| ACC | 1983.1 | 1940 |
| ADANIENSOL | 877.6 | 880 |
| ADANIENT | 2592.3 | 2600 |
| ADANIGREEN | 1031.9 | 1000 |
| ADANIPORTS | 1445.1 | 1420 |
| ALKEM | 4900 | 4850 |
| AMBER | 7854.5 | 7400 |
| AMBUJACEM | 592.75 | 590 |
| ANGELONE | 2674.9 | 2700 |
| APLAPOLLO | 1718.6 | 1740 |
| APOLLOHOSP | 7293.5 | 7300 |
| ASHOKLEY | 251.7 | 250 |
| ASIANPAINT | 2394.9 | 2400 |
| ASTRAL | 1491.5 | 1500 |
| ATGL | 647.45 | 660 |
| AUBANK | 808.35 | 810 |
| AUROPHARMA | 1153.8 | 1140 |
| AXISBANK | 1171 | 1180 |
| BAJAJ-AUTO | 8242.5 | 8390 |
| BAJAJFINSV | 2020.7 | 2020 |
| BAJFINANCE | 922 | 930 |
| BALKRISIND | 2665.3 | 2580 |
| BANDHANBNK | 180.6 | 180 |
| BANKBARODA | 244.02 | 245 |
| BANKINDIA | 115.76 | 115.95 |
| BDL | 1828.5 | 1900 |
| BEL | 409.5 | 415 |
| BHARATFORG | 1233.5 | 1260 |
| BHARTIARTL | 1934.9 | 1960 |
| BHEL | 256.6 | 260 |
| BIOCON | 390 | 370 |
| BLUESTARCO | 1902 | 1800 |
| BOSCHLTD | 38460 | 36000 |
| BPCL | 347.2 | 340 |
| BRITANNIA | 5815.5 | 5800 |
| BSE | 2517.6 | 2600 |
| BSOFT | 427.3 | 430 |
| CAMS | 4216.4 | 4200 |
| CANBK | 114.99 | 114 |
| CDSL | 1692 | 1740 |
| CESC | 180.75 | 175 |
| CGPOWER | 674.95 | 670 |
| CHAMBLFERT | 553.65 | 560 |
| CHOLAFIN | 1546.6 | 1560 |
| CIPLA | 1490 | 1500 |
| COALINDIA | 385.95 | 395 |
| COFORGE | 1890.3 | 1880 |
| COLPAL | 2401.9 | 2400 |
| CONCOR | 619.5 | 616 |
| CROMPTON | 343 | 350 |
| CUMMINSIND | 3567.9 | 3400 |
| CYIENT | 1308 | 1300 |
| DABUR | 525.5 | 515 |
| DALBHARAT | 2177.3 | 2180 |
| DELHIVERY | 415.95 | 400 |
| DIVISLAB | 6760 | 6800 |
| DIXON | 15855 | 15250 |
| DLF | 837.4 | 840 |
| DMART | 4036.7 | 4100 |
| DRREDDY | 1255.9 | 1280 |
| EICHERMOT | 5605.5 | 5600 |
| ETERNAL | 267.85 | 260 |
| EXIDEIND | 385.45 | 390 |
| FEDERALBNK | 212.29 | 212.5 |
| FORTIS | 798.7 | 780 |
| GAIL | 184.45 | 190 |
| GLENMARK | 2214 | 2000 |
| GMRAIRPORT | 91.18 | 90 |
| GODREJCP | 1272.3 | 1260 |
| GODREJPROP | 2280.9 | 2300 |
| GRANULES | 491.65 | 490 |
| GRASIM | 2790 | 2800 |
| HAL | 4912.9 | 4900 |
| HAVELLS | 1534.3 | 1560 |
| HCLTECH | 1575.3 | 1600 |
| HDFCAMC | 5229.5 | 5100 |
| HDFCBANK | 1999.6 | 2000 |
| HDFCLIFE | 757.1 | 770 |
| HEROMOTOCO | 4421.8 | 4300 |
| HFCL | 82.43 | 85 |
| HINDALCO | 673.15 | 680 |
| HINDCOPPER | 262.55 | 265 |
| HINDPETRO | 429.55 | 430 |
| HINDUNILVR | 2523.2 | 2440 |
| HINDZINC | 437.9 | 450 |
| HUDCO | 234.26 | 235 |
| ICICIBANK | 1426.9 | 1430 |
| ICICIGI | 2003 | 2020 |
| ICICIPRULI | 668.9 | 660 |
| IDEA | 7.67 | 7 |
| IDFCFIRSTB | 73.26 | 75 |
| IEX | 208.01 | 200 |
| IGL | 219.52 | 215 |
| IIFL | 524.1 | 500 |
| INDHOTEL | 740 | 750 |
| INDIANB | 641.8 | 630 |
| INDIGO | 5943 | 5800 |
| INDUSINDBK | 879.1 | 860 |
| INDUSTOWER | 405.7 | 405 |
| INFY | 1587.1 | 1600 |
| INOXWIND | 172.95 | 175 |
| IOC | 150.87 | 150 |
| IRB | 48.6 | 49 |
| IRCTC | 772.55 | 780 |
| IREDA | 159.95 | 162.5 |
| IRFC | 135.15 | 140 |
| ITC | 422.35 | 420 |
| JINDALSTEL | 943.75 | 950 |
| JIOFIN | 321.45 | 320 |
| JSL | 687.8 | 690 |
| JSWENERGY | 529.4 | 510 |
| JSWSTEEL | 1037 | 1030 |
| JUBLFOOD | 687.45 | 690 |
| KALYANKJIL | 586.3 | 570 |
| KAYNES | 5988 | 6000 |
| KEI | 3825.8 | 3800 |
| KFINTECH | 1294 | 1300 |
| KOTAKBANK | 2217 | 2200 |
| KPITTECH | 1293.4 | 1280 |
| LAURUSLABS | 822.25 | 780 |
| LICHSGFIN | 614.75 | 610 |
| LICI | 921.6 | 930 |
| LODHA | 1438.1 | 1400 |
| LT | 3505 | 3560 |
| LTF | 203.31 | 200 |
| LTIM | 5251 | 5300 |
| LUPIN | 1954.7 | 1940 |
| M&M | 3133.7 | 3200 |
| M&MFIN | 264.75 | 263.5 |
| MANAPPURAM | 267.35 | 270 |
| MANKIND | 2649.5 | 2500 |
| MARICO | 735.95 | 730 |
| MARUTI | 12576 | 12600 |
| MAXHEALTH | 1255.5 | 1260 |
| MAZDOCK | 3123.4 | 3200 |
| MCX | 8318 | 8400 |
| MFSL | 1570.7 | 1580 |
| MGL | 1470.7 | 1500 |
| MOTHERSON | 157.8 | 155 |
| MPHASIS | 2882.6 | 2843 |
| MUTHOOTFIN | 2653.3 | 2600 |
| NATIONALUM | 190.21 | 190 |
| NAUKRI | 1386.9 | 1420 |
| NBCC | 116.23 | 115 |
| NCC | 228.71 | 225 |
| NESTLEIND | 2403.3 | 2420 |
| NHPC | 88.11 | 86 |
| NMDC | 67.99 | 70 |
| NTPC | 343.55 | 340 |
| NYKAA | 217.92 | 210 |
| OBEROIRLTY | 1829.8 | 1860 |
| OFSS | 8788 | 9000 |
| OIL | 443.45 | 450 |
| ONGC | 243.99 | 242.5 |
| PAGEIND | 48970 | 48000 |
| PATANJALI | 1713 | 1700 |
| PAYTM | 998.7 | 960 |
| PEL | 1331 | 1260 |
| PERSISTENT | 5619 | 5800 |
| PETRONET | 308.2 | 310 |
| PFC | 425.9 | 420 |
| PGEL | 807.55 | 780 |
| PHOENIXLTD | 1499.3 | 1500 |
| PIDILITIND | 2983.5 | 3000 |
| PIIND | 4129 | 4100 |
| PNB | 112.75 | 110 |
| PNBHOUSING | 1091.4 | 1100 |
| POLICYBZR | 1862.7 | 1850 |
| POLYCAB | 6877.5 | 6600 |
| POONAWALLA | 454.8 | 450 |
| POWERGRID | 298.95 | 300 |
| PPLPHARMA | 214.7 | 205 |
| PRESTIGE | 1745.4 | 1700 |
| RBLBANK | 265 | 247.5 |
| RECLTD | 401 | 400 |
| RELIANCE | 1490.2 | 1500 |
| RVNL | 383.7 | 390 |
| SAIL | 134.08 | 135 |
| SBICARD | 895.55 | 920 |
| SBILIFE | 1835 | 1840 |
| SBIN | 816.95 | 810 |
| SHREECEM | 30915 | 31000 |
| SHRIRAMFIN | 676.2 | 680 |
| SIEMENS | 3137.5 | 3200 |
| SJVN | 98.07 | 99 |
| SOLARINDS | 15380 | 16000 |
| SONACOMS | 453.65 | 470 |
| SRF | 3190.2 | 3200 |
| SUNPHARMA | 1722.9 | 1700 |
| SUPREMEIND | 4202.1 | 4300 |
| SYNGENE | 655.4 | 650 |
| TATACHEM | 931.45 | 940 |
| TATACOMM | 1721.2 | 1740 |
| TATACONSUM | 1080.3 | 1100 |
| TATAELXSI | 6405 | 6200 |
| TATAMOTORS | 684 | 690 |
| TATAPOWER | 402.2 | 405 |
| TATASTEEL | 159.58 | 160 |
| TATATECH | 730.1 | 720 |
| TCS | 3249.3 | 3300 |
| TECHM | 1579.5 | 1600 |
| TIINDIA | 2908 | 3000 |
| TITAGARH | 943.45 | 940 |
| TITAN | 3412.3 | 3450 |
| TORNTPHARM | 3435.7 | 3350 |
| TORNTPOWER | 1394.1 | 1420 |
| TRENT | 5336.5 | 5600 |
| TVSMOTOR | 2874.2 | 2860 |
| ULTRACEMCO | 12538 | 12300 |
| UNIONBANK | 146.91 | 147.5 |
| UNITDSPR | 1370.4 | 1400 |
| UNOMINDA | 1103.5 | 1100 |
| UPL | 669.3 | 650 |
| VBL | 467.1 | 460 |
| VEDL | 449.95 | 450 |
| VOLTAS | 1394 | 1360 |
| WIPRO | 258.3 | 260 |
| YESBANK | 20 | 20 |
| ZYDUSLIFE | 973.2 | 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:
- 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.
