BAJAJ-AUTO
Bajaj Auto Limited
Max pain for BAJAJ-AUTO
13 Mar 2025 04:11 PM IST
Max Pain for BAJAJ-AUTO is 7600
Strike 6000 has a total call value of 0 versus a total put value of 131,726,250,000 Combined total value = 131,726,250,000
Strike 6100 has a total call value of 0 versus a total put value of 121,666,500,000 Combined total value = 121,666,500,000
Strike 6200 has a total call value of 0 versus a total put value of 111,606,750,000 Combined total value = 111,606,750,000
Strike 6300 has a total call value of 0 versus a total put value of 101,547,000,000 Combined total value = 101,547,000,000
Strike 6400 has a total call value of 0 versus a total put value of 91,679,250,000 Combined total value = 91,679,250,000
Strike 6500 has a total call value of 0 versus a total put value of 82,173,750,000 Combined total value = 82,173,750,000
Strike 6600 has a total call value of 0 versus a total put value of 72,810,000,000 Combined total value = 72,810,000,000
Strike 6700 has a total call value of 0 versus a total put value of 63,903,750,000 Combined total value = 63,903,750,000
Strike 6800 has a total call value of 0 versus a total put value of 55,266,000,000 Combined total value = 55,266,000,000
Strike 6900 has a total call value of 0 versus a total put value of 47,267,250,000 Combined total value = 47,267,250,000
Strike 7000 has a total call value of 0 versus a total put value of 39,585,000,000 Combined total value = 39,585,000,000
Strike 7100 has a total call value of 144,750,000 versus a total put value of 33,183,750,000 Combined total value = 33,328,500,000
Strike 7200 has a total call value of 298,500,000 versus a total put value of 27,158,250,000 Combined total value = 27,456,750,000
Strike 7300 has a total call value of 543,750,000 versus a total put value of 22,146,000,000 Combined total value = 22,689,750,000
Strike 7400 has a total call value of 1,191,000,000 versus a total put value of 17,789,250,000 Combined total value = 18,980,250,000
Strike 7500 has a total call value of 2,354,250,000 versus a total put value of 14,282,250,000 Combined total value = 16,636,500,000
Strike 7600 has a total call value of 4,797,000,000 versus a total put value of 11,656,500,000 Combined total value = 16,453,500,000
Strike 7700 has a total call value of 9,087,000,000 versus a total put value of 9,459,750,000 Combined total value = 18,546,750,000
Strike 7800 has a total call value of 14,787,000,000 versus a total put value of 7,589,250,000 Combined total value = 22,376,250,000
Strike 7900 has a total call value of 21,912,000,000 versus a total put value of 6,169,500,000 Combined total value = 28,081,500,000
Strike 8000 has a total call value of 29,982,750,000 versus a total put value of 4,885,500,000 Combined total value = 34,868,250,000
Strike 8100 has a total call value of 40,338,000,000 versus a total put value of 3,927,750,000 Combined total value = 44,265,750,000
Strike 8200 has a total call value of 51,570,750,000 versus a total put value of 3,109,500,000 Combined total value = 54,680,250,000
Strike 8300 has a total call value of 63,763,500,000 versus a total put value of 2,549,250,000 Combined total value = 66,312,750,000
Strike 8400 has a total call value of 76,718,250,000 versus a total put value of 1,989,000,000 Combined total value = 78,707,250,000
Strike 8500 has a total call value of 90,652,500,000 versus a total put value of 1,428,750,000 Combined total value = 92,081,250,000
Strike 8600 has a total call value of 106,029,750,000 versus a total put value of 1,143,000,000 Combined total value = 107,172,750,000
Strike 8700 has a total call value of 122,131,500,000 versus a total put value of 857,250,000 Combined total value = 122,988,750,000
Strike 8800 has a total call value of 138,659,250,000 versus a total put value of 571,500,000 Combined total value = 139,230,750,000
Strike 8900 has a total call value of 155,587,500,000 versus a total put value of 285,750,000 Combined total value = 155,873,250,000
Strike 9000 has a total call value of 172,680,000,000 versus a total put value of 0 Combined total value = 172,680,000,000
Strike 9100 has a total call value of 190,722,000,000 versus a total put value of 0 Combined total value = 190,722,000,000
Strike 9200 has a total call value of 208,820,250,000 versus a total put value of 0 Combined total value = 208,820,250,000
Strike 9300 has a total call value of 227,147,250,000 versus a total put value of 0 Combined total value = 227,147,250,000
Strike 9400 has a total call value of 245,474,250,000 versus a total put value of 0 Combined total value = 245,474,250,000
Strike 9500 has a total call value of 263,801,250,000 versus a total put value of 0 Combined total value = 263,801,250,000
Strike 9600 has a total call value of 282,279,000,000 versus a total put value of 0 Combined total value = 282,279,000,000
Strike 9700 has a total call value of 300,756,750,000 versus a total put value of 0 Combined total value = 300,756,750,000
Strike 9800 has a total call value of 319,260,750,000 versus a total put value of 0 Combined total value = 319,260,750,000
Strike 9900 has a total call value of 337,764,750,000 versus a total put value of 0 Combined total value = 337,764,750,000
Strike 10000 has a total call value of 356,274,000,000 versus a total put value of 0 Combined total value = 356,274,000,000
Strike 10100 has a total call value of 375,188,250,000 versus a total put value of 0 Combined total value = 375,188,250,000
Strike 10200 has a total call value of 394,102,500,000 versus a total put value of 0 Combined total value = 394,102,500,000
Strike 10300 has a total call value of 413,016,750,000 versus a total put value of 0 Combined total value = 413,016,750,000
Strike 10400 has a total call value of 431,931,000,000 versus a total put value of 0 Combined total value = 431,931,000,000
Strike 10500 has a total call value of 450,874,500,000 versus a total put value of 0 Combined total value = 450,874,500,000
Strike 10600 has a total call value of 469,818,000,000 versus a total put value of 0 Combined total value = 469,818,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 382.75 | 400 |
ABB | 5118.55 | 5200 |
ABCAPITAL | 162.19 | 162.5 |
ABFRL | 240.05 | 250 |
ACC | 1854 | 1860 |
ADANIENSOL | 783.2 | 760 |
ADANIENT | 2221.1 | 2380 |
ADANIGREEN | 873.65 | 840 |
ADANIPORTS | 1119.2 | 1120 |
ALKEM | 4706.95 | 4700 |
AMBUJACEM | 485.8 | 485 |
ANGELONE | 1953.5 | 2000 |
APLAPOLLO | 1372.8 | 1400 |
APOLLOHOSP | 6105.65 | 6150 |
APOLLOTYRE | 400.95 | 400 |
ASHOKLEY | 196.63 | 205 |
ASIANPAINT | 2231.3 | 2260 |
ASTRAL | 1238.3 | 1300 |
ATGL | 604.35 | 580 |
AUBANK | 502.85 | 530 |
AUROPHARMA | 1094.75 | 1100 |
AXISBANK | 1010.2 | 1020 |
BAJAJ-AUTO | 7504.7 | 7600 |
BAJAJFINSV | 1807.45 | 1820 |
BAJFINANCE | 8420.45 | 8400 |
BALKRISIND | 2499.05 | 2520 |
BANDHANBNK | 139.84 | 145 |
BANKBARODA | 205.52 | 210 |
BANKINDIA | 94.12 | 96 |
BEL | 280.07 | 275 |
BERGEPAINT | 488.2 | 490 |
BHARATFORG | 1039.25 | 1040 |
BHARTIARTL | 1632.5 | 1640 |
BHEL | 193.33 | 200 |
BIOCON | 323.05 | 320 |
BOSCHLTD | 26378.35 | 27000 |
BPCL | 264.41 | 260 |
BRITANNIA | 4728.25 | 4750 |
BSE | 3926.25 | 4300 |
BSOFT | 385.75 | 400 |
CAMS | 3410.1 | 3400 |
CANBK | 82.9 | 85 |
CDSL | 1071 | 1100 |
CESC | 138.67 | 135 |
CGPOWER | 599.1 | 600 |
CHAMBLFERT | 556.55 | 560 |
CHOLAFIN | 1444.7 | 1420 |
CIPLA | 1461.9 | 1440 |
COALINDIA | 378.3 | 380 |
COFORGE | 7292.25 | 7500 |
COLPAL | 2411.7 | 2480 |
CONCOR | 640.25 | 670 |
CROMPTON | 344.25 | 350 |
CUMMINSIND | 2835.25 | 2850 |
CYIENT | 1192.35 | 1240 |
DABUR | 500.95 | 500 |
DALBHARAT | 1607.1 | 1680 |
DEEPAKNTR | 1948.6 | 1900 |
DELHIVERY | 241.76 | 250 |
DIVISLAB | 5620.45 | 5650 |
DIXON | 13324.05 | 13500 |
DLF | 658.1 | 660 |
DMART | 3797.1 | 3750 |
DRREDDY | 1107.95 | 1120 |
EICHERMOT | 5015.25 | 5000 |
ESCORTS | 2908.5 | 3000 |
EXIDEIND | 333 | 350 |
FEDERALBNK | 176.6 | 180 |
GAIL | 157.96 | 160 |
GLENMARK | 1405.15 | 1380 |
GMRAIRPORT | 74.33 | 72 |
GODREJCP | 1025.8 | 1030 |
GODREJPROP | 1969.1 | 2000 |
GRANULES | 470.65 | 490 |
GRASIM | 2370.2 | 2400 |
HAL | 3396.15 | 3450 |
HAVELLS | 1458.65 | 1460 |
HCLTECH | 1534.75 | 1560 |
HDFCAMC | 3725.1 | 3750 |
HDFCBANK | 1706.6 | 1720 |
HDFCLIFE | 622.4 | 620 |
HEROMOTOCO | 3529.15 | 3650 |
HFCL | 77.55 | 82.5 |
HINDALCO | 677.35 | 660 |
HINDCOPPER | 215.8 | 225 |
HINDPETRO | 323.7 | 325 |
HINDUNILVR | 2174.8 | 2220 |
HUDCO | 180.76 | 180 |
ICICIBANK | 1250.05 | 1250 |
ICICIGI | 1678.75 | 1680 |
ICICIPRULI | 536.6 | 550 |
IDEA | 6.95 | 8 |
IDFCFIRSTB | 53.48 | 57 |
IEX | 153.56 | 160 |
IGL | 184.88 | 190 |
IIFL | 313.25 | 310 |
INDHOTEL | 750.45 | 750 |
INDIANB | 490.4 | 500 |
INDIGO | 4700.85 | 4600 |
INDUSINDBK | 672.35 | 750 |
INDUSTOWER | 327 | 330 |
INFY | 1579.85 | 1600 |
IOC | 125.67 | 125 |
IRB | 42.8 | 45 |
IRCTC | 689.05 | 700 |
IREDA | 139.85 | 140 |
IRFC | 117.69 | 117.5 |
ITC | 412.05 | 410 |
JINDALSTEL | 889.7 | 900 |
JIOFIN | 222.6 | 220 |
JKCEMENT | 4271.3 | 4400 |
JSL | 632.3 | 640 |
JSWENERGY | 514.1 | 500 |
JSWSTEEL | 1001.2 | 1000 |
JUBLFOOD | 596.35 | 610 |
KALYANKJIL | 430.9 | 420 |
KEI | 3053.95 | 3000 |
KOTAKBANK | 1985.1 | 1960 |
KPITTECH | 1206.45 | 1260 |
LAURUSLABS | 574.05 | 560 |
LICHSGFIN | 515.6 | 520 |
LICI | 740.15 | 760 |
LODHA | 1055.25 | 1100 |
LT | 3187.3 | 3250 |
LTF | 138.64 | 140 |
LTIM | 4467.05 | 4700 |
LTTS | 4378.2 | 4500 |
LUPIN | 1968.45 | 1980 |
M&M | 2643.5 | 2700 |
M&MFIN | 271.35 | 275 |
MANAPPURAM | 208.14 | 200 |
MARICO | 606.3 | 610 |
MARUTI | 11513.8 | 11700 |
MAXHEALTH | 990.7 | 1000 |
MCX | 4808.45 | 4900 |
MFSL | 1052.55 | 1040 |
MGL | 1285.95 | 1300 |
MOTHERSON | 121.76 | 125 |
MPHASIS | 2205.15 | 2250 |
MRF | 105041.6 | 105000 |
MUTHOOTFIN | 2196.35 | 2180 |
NATIONALUM | 187.87 | 190 |
NAUKRI | 6382.55 | 6700 |
NBCC | 77.89 | 80 |
NCC | 185.86 | 185 |
NESTLEIND | 2191.95 | 2220 |
NHPC | 77.57 | 77 |
NMDC | 63.8 | 65 |
NTPC | 331.9 | 325 |
NYKAA | 164.56 | 165 |
OBEROIRLTY | 1533.5 | 1560 |
OFSS | 7328 | 7500 |
OIL | 375.5 | 370 |
ONGC | 225.43 | 227.5 |
PAGEIND | 40099.25 | 40000 |
PATANJALI | 1718.6 | 1700 |
PAYTM | 682.85 | 700 |
PEL | 885.95 | 920 |
PERSISTENT | 5125.75 | 5200 |
PETRONET | 281 | 290 |
PFC | 388.35 | 390 |
PHOENIXLTD | 1564.5 | 1600 |
PIDILITIND | 2729.9 | 2740 |
PIIND | 3297.3 | 3200 |
PNB | 87.2 | 90 |
POLICYBZR | 1331.9 | 1400 |
POLYCAB | 5003.1 | 5000 |
POONAWALLA | 281.35 | 280 |
POWERGRID | 267.65 | 265 |
PRESTIGE | 1129.6 | 1150 |
RAMCOCEM | 801.55 | 820 |
RBLBANK | 156.32 | 160 |
RECLTD | 406.65 | 400 |
RELIANCE | 1247.9 | 1240 |
SAIL | 105.89 | 110 |
SBICARD | 829.85 | 840 |
SBILIFE | 1385.55 | 1420 |
SBIN | 727.85 | 730 |
SHREECEM | 27495.15 | 27750 |
SHRIRAMFIN | 619.55 | 620 |
SIEMENS | 4927.9 | 5000 |
SJVN | 85.42 | 85 |
SOLARINDS | 10097.15 | 9800 |
SONACOMS | 485.8 | 500 |
SRF | 2951.8 | 2860 |
SUNPHARMA | 1683.45 | 1640 |
SUPREMEIND | 3343.75 | 3400 |
SYNGENE | 666.2 | 680 |
TATACHEM | 796.1 | 820 |
TATACOMM | 1503.95 | 1460 |
TATACONSUM | 946.1 | 960 |
TATAELXSI | 5236.75 | 5400 |
TATAMOTORS | 655.5 | 650 |
TATAPOWER | 350.75 | 360 |
TATASTEEL | 150.88 | 150 |
TATATECH | 636.8 | 650 |
TCS | 3511.05 | 3600 |
TECHM | 1440.65 | 1480 |
TIINDIA | 2926.55 | 2800 |
TITAGARH | 694.3 | 700 |
TITAN | 3010.15 | 3100 |
TORNTPHARM | 3056.05 | 3000 |
TORNTPOWER | 1291.2 | 1340 |
TRENT | 5022.4 | 5000 |
TVSMOTOR | 2250.9 | 2300 |
ULTRACEMCO | 10452.1 | 10400 |
UNIONBANK | 113.7 | 115 |
UNITDSPR | 1353.7 | 1300 |
UPL | 601.45 | 620 |
USDINR | 87.09 | 77.25 |
VBL | 488.15 | 480 |
VEDL | 442.95 | 440 |
VOLTAS | 1402.55 | 1380 |
WIPRO | 264 | 270 |
YESBANK | 16.19 | 17 |
ZOMATO | 201.43 | 210 |
ZYDUSLIFE | 883.1 | 900 |
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.