BAJAJFINSV
Bajaj Finserv Ltd.
Max pain for BAJAJFINSV
15 Jul 2025 12:11 PM ISTNext Refresh in
Max Pain for BAJAJFINSV is 2020
Strike 1680 has a total call value of 0 versus a total put value of 80,865,000,000 Combined total value = 80,865,000,000
Strike 1700 has a total call value of 60,000,000 versus a total put value of 74,488,000,000 Combined total value = 74,548,000,000
Strike 1720 has a total call value of 120,000,000 versus a total put value of 68,111,000,000 Combined total value = 68,231,000,000
Strike 1740 has a total call value of 180,000,000 versus a total put value of 61,877,000,000 Combined total value = 62,057,000,000
Strike 1760 has a total call value of 240,000,000 versus a total put value of 55,643,000,000 Combined total value = 55,883,000,000
Strike 1780 has a total call value of 300,000,000 versus a total put value of 49,409,000,000 Combined total value = 49,709,000,000
Strike 1800 has a total call value of 360,000,000 versus a total put value of 43,755,000,000 Combined total value = 44,115,000,000
Strike 1820 has a total call value of 420,000,000 versus a total put value of 38,644,000,000 Combined total value = 39,064,000,000
Strike 1840 has a total call value of 480,000,000 versus a total put value of 33,655,000,000 Combined total value = 34,135,000,000
Strike 1860 has a total call value of 540,000,000 versus a total put value of 28,789,000,000 Combined total value = 29,329,000,000
Strike 1880 has a total call value of 600,000,000 versus a total put value of 24,168,000,000 Combined total value = 24,768,000,000
Strike 1900 has a total call value of 660,000,000 versus a total put value of 19,712,000,000 Combined total value = 20,372,000,000
Strike 1920 has a total call value of 886,000,000 versus a total put value of 15,761,000,000 Combined total value = 16,647,000,000
Strike 1940 has a total call value of 1,112,000,000 versus a total put value of 12,038,000,000 Combined total value = 13,150,000,000
Strike 1960 has a total call value of 1,381,000,000 versus a total put value of 8,685,000,000 Combined total value = 10,066,000,000
Strike 1980 has a total call value of 1,740,000,000 versus a total put value of 5,638,000,000 Combined total value = 7,378,000,000
Strike 2000 has a total call value of 2,277,000,000 versus a total put value of 3,557,000,000 Combined total value = 5,834,000,000
Strike 2020 has a total call value of 3,292,000,000 versus a total put value of 2,301,000,000 Combined total value = 5,593,000,000
Strike 2040 has a total call value of 4,881,000,000 versus a total put value of 1,370,000,000 Combined total value = 6,251,000,000
Strike 2060 has a total call value of 7,331,000,000 versus a total put value of 740,000,000 Combined total value = 8,071,000,000
Strike 2080 has a total call value of 10,767,000,000 versus a total put value of 370,000,000 Combined total value = 11,137,000,000
Strike 2100 has a total call value of 15,792,000,000 versus a total put value of 0 Combined total value = 15,792,000,000
Strike 2120 has a total call value of 23,343,000,000 versus a total put value of 0 Combined total value = 23,343,000,000
Strike 2140 has a total call value of 31,673,000,000 versus a total put value of 0 Combined total value = 31,673,000,000
Strike 2160 has a total call value of 41,642,000,000 versus a total put value of 0 Combined total value = 41,642,000,000
Strike 2180 has a total call value of 52,037,000,000 versus a total put value of 0 Combined total value = 52,037,000,000
Strike 2200 has a total call value of 62,644,000,000 versus a total put value of 0 Combined total value = 62,644,000,000
Strike 2220 has a total call value of 74,770,000,000 versus a total put value of 0 Combined total value = 74,770,000,000
Strike 2240 has a total call value of 86,896,000,000 versus a total put value of 0 Combined total value = 86,896,000,000
Strike 2260 has a total call value of 99,302,000,000 versus a total put value of 0 Combined total value = 99,302,000,000
Strike 2280 has a total call value of 111,809,000,000 versus a total put value of 0 Combined total value = 111,809,000,000
Strike 2300 has a total call value of 124,656,000,000 versus a total put value of 0 Combined total value = 124,656,000,000
Strike 2320 has a total call value of 137,503,000,000 versus a total put value of 0 Combined total value = 137,503,000,000
Strike 2340 has a total call value of 151,449,000,000 versus a total put value of 0 Combined total value = 151,449,000,000
Strike 2360 has a total call value of 165,395,000,000 versus a total put value of 0 Combined total value = 165,395,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1191.7 | 1200 |
| AARTIIND | 448.9 | 455 |
| ABB | 5704 | 5900 |
| ABCAPITAL | 270.3 | 270 |
| ABFRL | 77.29 | 76 |
| ACC | 1986.5 | 1940 |
| ADANIENSOL | 876.9 | 880 |
| ADANIENT | 2585.9 | 2620 |
| ADANIGREEN | 1030.2 | 1000 |
| ADANIPORTS | 1442.8 | 1420 |
| ALKEM | 4900 | 4850 |
| AMBER | 7836.5 | 7400 |
| AMBUJACEM | 591.5 | 590 |
| ANGELONE | 2666.5 | 2700 |
| APLAPOLLO | 1717 | 1740 |
| APOLLOHOSP | 7298 | 7300 |
| ASHOKLEY | 251.6 | 250 |
| ASIANPAINT | 2394.5 | 2400 |
| ASTRAL | 1492.8 | 1500 |
| ATGL | 646.6 | 660 |
| AUBANK | 810.9 | 810 |
| AUROPHARMA | 1153.3 | 1140 |
| AXISBANK | 1169.5 | 1180 |
| BAJAJ-AUTO | 8245 | 8390 |
| BAJAJFINSV | 2022.5 | 2020 |
| BAJFINANCE | 921.05 | 930 |
| BALKRISIND | 2663.2 | 2580 |
| BANDHANBNK | 180.33 | 180 |
| BANKBARODA | 243.6 | 245 |
| BANKINDIA | 115.67 | 115.95 |
| BDL | 1816 | 1900 |
| BEL | 409.8 | 415 |
| BHARATFORG | 1233.6 | 1260 |
| BHARTIARTL | 1932 | 1960 |
| BHEL | 257.15 | 260 |
| BIOCON | 390 | 370 |
| BLUESTARCO | 1895 | 1800 |
| BOSCHLTD | 38450 | 36000 |
| BPCL | 349.1 | 340 |
| BRITANNIA | 5809.5 | 5800 |
| BSE | 2495 | 2600 |
| BSOFT | 428.35 | 430 |
| CAMS | 4224.8 | 4200 |
| CANBK | 115.19 | 114 |
| CDSL | 1688 | 1740 |
| CESC | 181.42 | 175 |
| CGPOWER | 673.6 | 670 |
| CHAMBLFERT | 551.9 | 560 |
| CHOLAFIN | 1546 | 1560 |
| CIPLA | 1488.7 | 1500 |
| COALINDIA | 385.9 | 395 |
| COFORGE | 1895.6 | 1880 |
| COLPAL | 2404.6 | 2420 |
| CONCOR | 619.65 | 610 |
| CROMPTON | 342 | 350 |
| CUMMINSIND | 3568.9 | 3400 |
| CYIENT | 1313.1 | 1300 |
| DABUR | 524 | 515 |
| DALBHARAT | 2175 | 2180 |
| DELHIVERY | 415.5 | 400 |
| DIVISLAB | 6748.5 | 6800 |
| DIXON | 15850 | 15250 |
| DLF | 837.45 | 840 |
| DMART | 4028.9 | 4100 |
| DRREDDY | 1255.8 | 1280 |
| EICHERMOT | 5633 | 5600 |
| ETERNAL | 267.05 | 260 |
| EXIDEIND | 384.9 | 390 |
| FEDERALBNK | 212.1 | 212.5 |
| FORTIS | 798.35 | 780 |
| GAIL | 184.58 | 190 |
| GLENMARK | 2203.4 | 2000 |
| GMRAIRPORT | 91.24 | 90 |
| GODREJCP | 1270.6 | 1260 |
| GODREJPROP | 2284.3 | 2300 |
| GRANULES | 489.85 | 500 |
| GRASIM | 2790 | 2800 |
| HAL | 4901.9 | 4900 |
| HAVELLS | 1533.8 | 1560 |
| HCLTECH | 1568.4 | 1600 |
| HDFCAMC | 5240 | 5100 |
| HDFCBANK | 1995.7 | 2000 |
| HDFCLIFE | 757.55 | 770 |
| HEROMOTOCO | 4402.7 | 4300 |
| HFCL | 82.53 | 85 |
| HINDALCO | 673.3 | 680 |
| HINDCOPPER | 263.45 | 265 |
| HINDPETRO | 429.75 | 430 |
| HINDUNILVR | 2515.6 | 2440 |
| HINDZINC | 438.15 | 450 |
| HUDCO | 234 | 235 |
| ICICIBANK | 1426.2 | 1430 |
| ICICIGI | 1999.4 | 2020 |
| ICICIPRULI | 671.5 | 660 |
| IDEA | 7.65 | 7 |
| IDFCFIRSTB | 73.05 | 75 |
| IEX | 208.09 | 200 |
| IGL | 219.64 | 215 |
| IIFL | 524.65 | 500 |
| INDHOTEL | 738.25 | 750 |
| INDIANB | 642 | 630 |
| INDIGO | 5955.5 | 5800 |
| INDUSINDBK | 879.6 | 860 |
| INDUSTOWER | 404.65 | 405 |
| INFY | 1589.4 | 1600 |
| INOXWIND | 173.32 | 175 |
| IOC | 150.95 | 150 |
| IRB | 48.58 | 49 |
| IRCTC | 773.05 | 780 |
| IREDA | 160.2 | 162.5 |
| IRFC | 135.17 | 140 |
| ITC | 422.15 | 420 |
| JINDALSTEL | 943.95 | 950 |
| JIOFIN | 320 | 320 |
| JSL | 688 | 690 |
| JSWENERGY | 530.1 | 510 |
| JSWSTEEL | 1040 | 1030 |
| JUBLFOOD | 687.05 | 690 |
| KALYANKJIL | 588.85 | 570 |
| KAYNES | 5997.5 | 6000 |
| KEI | 3818.3 | 3800 |
| KFINTECH | 1294 | 1300 |
| KOTAKBANK | 2216.4 | 2200 |
| KPITTECH | 1294 | 1280 |
| LAURUSLABS | 822.35 | 780 |
| LICHSGFIN | 614.3 | 610 |
| LICI | 921.05 | 930 |
| LODHA | 1437.9 | 1400 |
| LT | 3506.6 | 3560 |
| LTF | 203.89 | 200 |
| LTIM | 5260 | 5300 |
| LUPIN | 1951.1 | 1940 |
| M&M | 3132.9 | 3200 |
| M&MFIN | 264.2 | 263.5 |
| MANAPPURAM | 267.05 | 270 |
| MANKIND | 2650 | 2500 |
| MARICO | 732.65 | 730 |
| MARUTI | 12552 | 12600 |
| MAXHEALTH | 1254.5 | 1260 |
| MAZDOCK | 3104.3 | 3200 |
| MCX | 8298 | 8400 |
| MFSL | 1572.9 | 1600 |
| MGL | 1471.7 | 1500 |
| MOTHERSON | 157.82 | 155 |
| MPHASIS | 2876.4 | 2843 |
| MUTHOOTFIN | 2656 | 2600 |
| NATIONALUM | 190.41 | 190 |
| NAUKRI | 1389.8 | 1420 |
| NBCC | 116.07 | 115 |
| NCC | 228.71 | 225 |
| NESTLEIND | 2397.2 | 2420 |
| NHPC | 88.33 | 86 |
| NMDC | 68.1 | 70 |
| NTPC | 343.95 | 340 |
| NYKAA | 216.99 | 210 |
| OBEROIRLTY | 1832.8 | 1860 |
| OFSS | 8810.5 | 9000 |
| OIL | 445.3 | 450 |
| ONGC | 243.68 | 242.5 |
| PAGEIND | 48980 | 48000 |
| PATANJALI | 1715.1 | 1700 |
| PAYTM | 993.55 | 960 |
| PEL | 1321.7 | 1260 |
| PERSISTENT | 5631.5 | 5700 |
| PETRONET | 307.75 | 310 |
| PFC | 426.4 | 420 |
| PGEL | 810.2 | 780 |
| PHOENIXLTD | 1496.4 | 1500 |
| PIDILITIND | 2976.9 | 3000 |
| PIIND | 4138.3 | 4100 |
| PNB | 112.68 | 110 |
| PNBHOUSING | 1091.4 | 1100 |
| POLICYBZR | 1855.8 | 1850 |
| POLYCAB | 6865.5 | 6600 |
| POONAWALLA | 455.05 | 450 |
| POWERGRID | 298 | 300 |
| PPLPHARMA | 215 | 205 |
| PRESTIGE | 1753 | 1700 |
| RBLBANK | 265.36 | 247.5 |
| RECLTD | 401 | 400 |
| RELIANCE | 1492.5 | 1500 |
| RVNL | 383.95 | 390 |
| SAIL | 134.24 | 135 |
| SBICARD | 895 | 920 |
| SBILIFE | 1836.8 | 1840 |
| SBIN | 816.85 | 810 |
| SHREECEM | 30890 | 31000 |
| SHRIRAMFIN | 677.55 | 680 |
| SIEMENS | 3150.9 | 3200 |
| SJVN | 98.23 | 99 |
| SOLARINDS | 15412 | 16000 |
| SONACOMS | 455.65 | 470 |
| SRF | 3194.3 | 3200 |
| SUNPHARMA | 1726.3 | 1700 |
| SUPREMEIND | 4207 | 4300 |
| SYNGENE | 655.35 | 650 |
| TATACHEM | 934.4 | 940 |
| TATACOMM | 1726.4 | 1740 |
| TATACONSUM | 1074.4 | 1100 |
| TATAELXSI | 6380.5 | 6200 |
| TATAMOTORS | 682.3 | 690 |
| TATAPOWER | 402.55 | 405 |
| TATASTEEL | 159.72 | 160 |
| TATATECH | 728.85 | 720 |
| TCS | 3248 | 3300 |
| TECHM | 1582.4 | 1600 |
| TIINDIA | 2905.5 | 3000 |
| TITAGARH | 942.65 | 940 |
| TITAN | 3407.7 | 3450 |
| TORNTPHARM | 3437 | 3350 |
| TORNTPOWER | 1392.5 | 1420 |
| TRENT | 5350.5 | 5600 |
| TVSMOTOR | 2881 | 2860 |
| ULTRACEMCO | 12486 | 12300 |
| UNIONBANK | 146.79 | 147.5 |
| UNITDSPR | 1369.6 | 1400 |
| UNOMINDA | 1100.7 | 1100 |
| UPL | 674.95 | 650 |
| VBL | 466.55 | 460 |
| VEDL | 450 | 450 |
| VOLTAS | 1395.5 | 1360 |
| WIPRO | 258.45 | 260 |
| YESBANK | 20.03 | 20 |
| ZYDUSLIFE | 974.2 | 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.
