BAJAJFINSV
Bajaj Finserv Ltd.
Max pain for BAJAJFINSV
16 Jun 2025 11:21 AM ISTNext Refresh in
Max Pain for BAJAJFINSV is 2000
Strike 1600 has a total call value of 0 versus a total put value of 159,852,000,000 Combined total value = 159,852,000,000
Strike 1620 has a total call value of 50,000,000 versus a total put value of 150,186,000,000 Combined total value = 150,236,000,000
Strike 1640 has a total call value of 100,000,000 versus a total put value of 140,520,000,000 Combined total value = 140,620,000,000
Strike 1660 has a total call value of 150,000,000 versus a total put value of 130,854,000,000 Combined total value = 131,004,000,000
Strike 1680 has a total call value of 200,000,000 versus a total put value of 121,188,000,000 Combined total value = 121,388,000,000
Strike 1700 has a total call value of 250,000,000 versus a total put value of 111,522,000,000 Combined total value = 111,772,000,000
Strike 1720 has a total call value of 300,000,000 versus a total put value of 102,187,000,000 Combined total value = 102,487,000,000
Strike 1740 has a total call value of 350,000,000 versus a total put value of 93,042,000,000 Combined total value = 93,392,000,000
Strike 1760 has a total call value of 400,000,000 versus a total put value of 83,897,000,000 Combined total value = 84,297,000,000
Strike 1780 has a total call value of 450,000,000 versus a total put value of 75,400,000,000 Combined total value = 75,850,000,000
Strike 1800 has a total call value of 500,000,000 versus a total put value of 66,903,000,000 Combined total value = 67,403,000,000
Strike 1820 has a total call value of 550,000,000 versus a total put value of 59,038,000,000 Combined total value = 59,588,000,000
Strike 1840 has a total call value of 600,000,000 versus a total put value of 51,280,000,000 Combined total value = 51,880,000,000
Strike 1860 has a total call value of 650,000,000 versus a total put value of 43,798,000,000 Combined total value = 44,448,000,000
Strike 1880 has a total call value of 700,000,000 versus a total put value of 36,793,000,000 Combined total value = 37,493,000,000
Strike 1900 has a total call value of 750,000,000 versus a total put value of 30,021,000,000 Combined total value = 30,771,000,000
Strike 1920 has a total call value of 948,000,000 versus a total put value of 24,359,000,000 Combined total value = 25,307,000,000
Strike 1940 has a total call value of 1,146,000,000 versus a total put value of 19,075,000,000 Combined total value = 20,221,000,000
Strike 1960 has a total call value of 1,650,000,000 versus a total put value of 14,289,000,000 Combined total value = 15,939,000,000
Strike 1980 has a total call value of 2,539,000,000 versus a total put value of 10,137,000,000 Combined total value = 12,676,000,000
Strike 2000 has a total call value of 3,982,000,000 versus a total put value of 6,886,000,000 Combined total value = 10,868,000,000
Strike 2020 has a total call value of 6,632,000,000 versus a total put value of 4,683,000,000 Combined total value = 11,315,000,000
Strike 2040 has a total call value of 10,644,000,000 versus a total put value of 3,004,000,000 Combined total value = 13,648,000,000
Strike 2060 has a total call value of 16,730,000,000 versus a total put value of 1,897,000,000 Combined total value = 18,627,000,000
Strike 2080 has a total call value of 26,149,000,000 versus a total put value of 1,174,000,000 Combined total value = 27,323,000,000
Strike 2100 has a total call value of 36,831,000,000 versus a total put value of 635,000,000 Combined total value = 37,466,000,000
Strike 2120 has a total call value of 51,054,000,000 versus a total put value of 508,000,000 Combined total value = 51,562,000,000
Strike 2140 has a total call value of 66,063,000,000 versus a total put value of 381,000,000 Combined total value = 66,444,000,000
Strike 2160 has a total call value of 81,976,000,000 versus a total put value of 254,000,000 Combined total value = 82,230,000,000
Strike 2180 has a total call value of 98,727,000,000 versus a total put value of 127,000,000 Combined total value = 98,854,000,000
Strike 2200 has a total call value of 116,056,000,000 versus a total put value of 0 Combined total value = 116,056,000,000
Strike 2220 has a total call value of 135,742,000,000 versus a total put value of 0 Combined total value = 135,742,000,000
Strike 2240 has a total call value of 155,740,000,000 versus a total put value of 0 Combined total value = 155,740,000,000
Strike 2260 has a total call value of 176,530,000,000 versus a total put value of 0 Combined total value = 176,530,000,000
Strike 2280 has a total call value of 197,320,000,000 versus a total put value of 0 Combined total value = 197,320,000,000
Strike 2300 has a total call value of 218,624,000,000 versus a total put value of 0 Combined total value = 218,624,000,000
Strike 2320 has a total call value of 239,928,000,000 versus a total put value of 0 Combined total value = 239,928,000,000
Strike 2340 has a total call value of 261,492,000,000 versus a total put value of 0 Combined total value = 261,492,000,000
Strike 2360 has a total call value of 283,056,000,000 versus a total put value of 0 Combined total value = 283,056,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 454.15 | 475 |
| ABB | 6009.5 | 6000 |
| ABCAPITAL | 243.61 | 235 |
| ABFRL | 73.93 | 80 |
| ACC | 1848.2 | 1900 |
| ADANIENSOL | 863.15 | 880 |
| ADANIENT | 2536.5 | 2600 |
| ADANIGREEN | 990.7 | 1020 |
| ADANIPORTS | 1402.9 | 1420 |
| ALKEM | 4814.5 | 4900 |
| AMBUJACEM | 541.95 | 560 |
| ANGELONE | 2890 | 3000 |
| APLAPOLLO | 1831.3 | 1840 |
| APOLLOHOSP | 7054.5 | 7000 |
| ASHOKLEY | 234.49 | 240 |
| ASIANPAINT | 2231.2 | 2240 |
| ASTRAL | 1520 | 1500 |
| ATGL | 657.05 | 680 |
| AUBANK | 768.55 | 760 |
| AUROPHARMA | 1142.2 | 1160 |
| AXISBANK | 1212.2 | 1200 |
| BAJAJ-AUTO | 8585 | 8600 |
| BAJAJFINSV | 2022.9 | 2000 |
| BAJFINANCE | 936 | 940 |
| BALKRISIND | 2446 | 2460 |
| BANDHANBNK | 174.54 | 175 |
| BANKBARODA | 238.11 | 241.65 |
| BANKINDIA | 120.31 | 120 |
| BDL | 1843.6 | 1900 |
| BEL | 398.25 | 390 |
| BHARATFORG | 1315.3 | 1300 |
| BHARTIARTL | 1867.8 | 1860 |
| BHEL | 252.95 | 255 |
| BIOCON | 351.05 | 350 |
| BLUESTARCO | 1655.9 | 1600 |
| BOSCHLTD | 32030 | 32000 |
| BPCL | 310.8 | 320 |
| BRITANNIA | 5564 | 5550 |
| BSE | 2699.4 | 2700 |
| BSOFT | 413.25 | 415 |
| CAMS | 3958.6 | 4100 |
| CANBK | 111.26 | 111 |
| CDSL | 1654.6 | 1700 |
| CESC | 166.3 | 167.5 |
| CGPOWER | 680.5 | 690 |
| CHAMBLFERT | 547.35 | 560 |
| CHOLAFIN | 1562.8 | 1580 |
| CIPLA | 1529.9 | 1520 |
| COALINDIA | 391.4 | 400 |
| COFORGE | 1821.5 | 1760 |
| COLPAL | 2369.6 | 2460 |
| CONCOR | 764.5 | 780 |
| CROMPTON | 347 | 350 |
| CUMMINSIND | 3328.9 | 3300 |
| CYIENT | 1306.7 | 1340 |
| DABUR | 471.05 | 475 |
| DALBHARAT | 2113.7 | 2100 |
| DELHIVERY | 357.9 | 365 |
| DIVISLAB | 6654.5 | 6700 |
| DIXON | 14252 | 14750 |
| DLF | 852.7 | 840 |
| DMART | 4007.7 | 4100 |
| DRREDDY | 1350.6 | 1310 |
| EICHERMOT | 5350 | 5350 |
| ETERNAL | 250.42 | 250 |
| EXIDEIND | 385.4 | 390 |
| FEDERALBNK | 204.42 | 207.5 |
| FORTIS | 757.1 | 740 |
| GAIL | 190.29 | 195 |
| GLENMARK | 1676.4 | 1600 |
| GMRAIRPORT | 81.89 | 85 |
| GODREJCP | 1190.1 | 1220 |
| GODREJPROP | 2405.5 | 2350 |
| GRANULES | 507.2 | 530 |
| GRASIM | 2665.6 | 2640 |
| HAL | 5040.6 | 5000 |
| HAVELLS | 1551 | 1560 |
| HCLTECH | 1718.5 | 1680 |
| HDFCAMC | 4956 | 5000 |
| HDFCBANK | 1934.5 | 1940 |
| HDFCLIFE | 765.15 | 760 |
| HEROMOTOCO | 4410 | 4300 |
| HFCL | 84.95 | 89 |
| HINDALCO | 645.3 | 650 |
| HINDCOPPER | 254.19 | 250 |
| HINDPETRO | 388.25 | 400 |
| HINDUNILVR | 2330.3 | 2360 |
| HINDZINC | 508.9 | 500 |
| HUDCO | 225.12 | 240 |
| ICICIBANK | 1421 | 1440 |
| ICICIGI | 1930.1 | 1900 |
| ICICIPRULI | 633.15 | 640 |
| IDEA | 6.59 | 7 |
| IDFCFIRSTB | 70.09 | 70 |
| IEX | 186.85 | 197.5 |
| IGL | 207.14 | 205 |
| IIFL | 476 | 470 |
| INDHOTEL | 743.6 | 760 |
| INDIANB | 631.9 | 613.75 |
| INDIGO | 5326 | 5400 |
| INDUSINDBK | 819 | 820 |
| INDUSTOWER | 385.5 | 390 |
| INFY | 1620.2 | 1580 |
| INOXWIND | 171.75 | 180 |
| IOC | 140.15 | 143 |
| IRB | 49.4 | 51 |
| IRCTC | 762.85 | 780 |
| IREDA | 168.16 | 172.5 |
| IRFC | 138.05 | 140 |
| ITC | 417.75 | 420 |
| JINDALSTEL | 921.4 | 950 |
| JIOFIN | 294 | 295 |
| JSL | 706.9 | 700 |
| JSWENERGY | 511.35 | 510 |
| JSWSTEEL | 996.25 | 1000 |
| JUBLFOOD | 686.5 | 680 |
| KALYANKJIL | 519.2 | 530 |
| KAYNES | 5411.5 | 5500 |
| KEI | 3650.1 | 3600 |
| KOTAKBANK | 2129.3 | 2100 |
| KPITTECH | 1376.5 | 1340 |
| LAURUSLABS | 672.1 | 650 |
| LICHSGFIN | 598.55 | 600 |
| LICI | 938.5 | 950 |
| LODHA | 1453.9 | 1460 |
| LT | 3642 | 3600 |
| LTF | 188.51 | 185 |
| LTIM | 5453 | 5300 |
| LUPIN | 2002.8 | 2000 |
| M&M | 3029 | 3050 |
| M&MFIN | 271.9 | 270 |
| MANAPPURAM | 283.07 | 240 |
| MANKIND | 2355.3 | 2350 |
| MARICO | 687.3 | 700 |
| MARUTI | 12518 | 12400 |
| MAXHEALTH | 1234.5 | 1200 |
| MAZDOCK | 3133.5 | 3200 |
| MCX | 7711 | 7500 |
| MFSL | 1563.7 | 1520 |
| MGL | 1381.7 | 1360 |
| MOTHERSON | 153.8 | 155 |
| MPHASIS | 2673.3 | 2640 |
| MUTHOOTFIN | 2624.7 | 2500 |
| NATIONALUM | 185.86 | 190 |
| NAUKRI | 1481.6 | 1500 |
| NBCC | 120.16 | 120 |
| NCC | 226.26 | 232.5 |
| NESTLEIND | 2390.5 | 2400 |
| NHPC | 86.32 | 88 |
| NMDC | 69.72 | 72 |
| NTPC | 333.95 | 340 |
| NYKAA | 194.43 | 197.5 |
| OBEROIRLTY | 1906.8 | 1860 |
| OFSS | 9617.5 | 9200 |
| OIL | 484.85 | 460 |
| ONGC | 257.02 | 250 |
| PAGEIND | 45895 | 46500 |
| PATANJALI | 1679.3 | 1700 |
| PAYTM | 877 | 900 |
| PEL | 1130.8 | 1140 |
| PERSISTENT | 5962 | 5800 |
| PETRONET | 296.9 | 310 |
| PFC | 404.15 | 420 |
| PHOENIXLTD | 1600 | 1600 |
| PIDILITIND | 3015.6 | 3020 |
| PIIND | 4128 | 4000 |
| PNB | 106.22 | 108 |
| PNBHOUSING | 1066.1 | 1080 |
| POLICYBZR | 1873.2 | 1860 |
| POLYCAB | 6089 | 6000 |
| POONAWALLA | 417.65 | 415 |
| POWERGRID | 289.5 | 295 |
| PPLPHARMA | 200.49 | 205 |
| PRESTIGE | 1667.5 | 1600 |
| RBLBANK | 218.36 | 217.5 |
| RECLTD | 398.65 | 410 |
| RELIANCE | 1437.7 | 1440 |
| RVNL | 404.7 | 420 |
| SAIL | 128.43 | 130 |
| SBICARD | 1005.95 | 980 |
| SBILIFE | 1794.8 | 1780 |
| SBIN | 789.7 | 810 |
| SHREECEM | 29690 | 29500 |
| SHRIRAMFIN | 677.65 | 670 |
| SIEMENS | 3296.8 | 3300 |
| SJVN | 97.85 | 100 |
| SOLARINDS | 16927 | 16500 |
| SONACOMS | 500.5 | 510 |
| SRF | 3103.3 | 3050 |
| SUNPHARMA | 1681.3 | 1680 |
| SUPREMEIND | 4337.2 | 4300 |
| SYNGENE | 656 | 650 |
| TATACHEM | 926.1 | 920 |
| TATACOMM | 1698.3 | 1700 |
| TATACONSUM | 1078.1 | 1090 |
| TATAELXSI | 6359.5 | 6400 |
| TATAMOTORS | 685 | 700 |
| TATAPOWER | 397.3 | 400 |
| TATASTEEL | 153.28 | 155 |
| TATATECH | 738.15 | 760 |
| TCS | 3503.7 | 3460 |
| TECHM | 1682 | 1620 |
| TIINDIA | 3005.8 | 3000 |
| TITAGARH | 894 | 920 |
| TITAN | 3426.4 | 3500 |
| TORNTPHARM | 3240 | 3200 |
| TORNTPOWER | 1414.1 | 1400 |
| TRENT | 5668 | 5700 |
| TVSMOTOR | 2779 | 2760 |
| ULTRACEMCO | 11357 | 11300 |
| UNIONBANK | 146.2 | 150 |
| UNITDSPR | 1457.8 | 1500 |
| UNOMINDA | 1050.8 | 1060 |
| UPL | 638.9 | 640 |
| USDINR | 86.21 | 86 |
| VBL | 466 | 480 |
| VEDL | 461.2 | 450 |
| VOLTAS | 1286.5 | 1280 |
| WIPRO | 261.69 | 255 |
| YESBANK | 20.14 | 21 |
| ZOMATO | 0 | 200 |
| ZYDUSLIFE | 970 | 970 |
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.
