BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
21 Mar 2025 12:33 PM IST
Max Pain for BANKBARODA is 215
Strike 155 has a total call value of 0 versus a total put value of 209,474,606,250 Combined total value = 209,474,606,250
Strike 157.5 has a total call value of 731,250 versus a total put value of 200,332,518,750 Combined total value = 200,333,250,000
Strike 160 has a total call value of 1,462,500 versus a total put value of 191,190,431,250 Combined total value = 191,191,893,750
Strike 162.5 has a total call value of 2,193,750 versus a total put value of 182,108,306,250 Combined total value = 182,110,500,000
Strike 165 has a total call value of 2,925,000 versus a total put value of 173,026,181,250 Combined total value = 173,029,106,250
Strike 167.5 has a total call value of 3,656,250 versus a total put value of 163,944,056,250 Combined total value = 163,947,712,500
Strike 170 has a total call value of 4,387,500 versus a total put value of 154,861,931,250 Combined total value = 154,866,318,750
Strike 172.5 has a total call value of 5,118,750 versus a total put value of 145,892,418,750 Combined total value = 145,897,537,500
Strike 175 has a total call value of 5,850,000 versus a total put value of 136,974,825,000 Combined total value = 136,980,675,000
Strike 177.5 has a total call value of 6,581,250 versus a total put value of 128,161,068,750 Combined total value = 128,167,650,000
Strike 180 has a total call value of 7,312,500 versus a total put value of 119,391,918,750 Combined total value = 119,399,231,250
Strike 182.5 has a total call value of 35,100,000 versus a total put value of 110,871,393,750 Combined total value = 110,906,493,750
Strike 185 has a total call value of 62,887,500 versus a total put value of 102,423,262,500 Combined total value = 102,486,150,000
Strike 187.5 has a total call value of 90,675,000 versus a total put value of 94,105,293,750 Combined total value = 94,195,968,750
Strike 190 has a total call value of 118,462,500 versus a total put value of 85,853,137,500 Combined total value = 85,971,600,000
Strike 192.5 has a total call value of 248,625,000 versus a total put value of 78,302,250,000 Combined total value = 78,550,875,000
Strike 195 has a total call value of 378,787,500 versus a total put value of 70,837,650,000 Combined total value = 71,216,437,500
Strike 197.5 has a total call value of 680,793,750 versus a total put value of 64,068,468,750 Combined total value = 64,749,262,500
Strike 200 has a total call value of 982,800,000 versus a total put value of 57,418,481,250 Combined total value = 58,401,281,250
Strike 202.5 has a total call value of 1,722,093,750 versus a total put value of 51,703,762,500 Combined total value = 53,425,856,250
Strike 205 has a total call value of 2,461,387,500 versus a total put value of 46,308,600,000 Combined total value = 48,769,987,500
Strike 207.5 has a total call value of 3,958,987,500 versus a total put value of 41,354,381,250 Combined total value = 45,313,368,750
Strike 210 has a total call value of 5,678,887,500 versus a total put value of 36,643,668,750 Combined total value = 42,322,556,250
Strike 212.5 has a total call value of 8,290,912,500 versus a total put value of 32,725,631,250 Combined total value = 41,016,543,750
Strike 215 has a total call value of 11,201,287,500 versus a total put value of 29,099,362,500 Combined total value = 40,300,650,000
Strike 217.5 has a total call value of 14,772,712,500 versus a total put value of 25,915,500,000 Combined total value = 40,688,212,500
Strike 220 has a total call value of 18,873,562,500 versus a total put value of 23,093,606,250 Combined total value = 41,967,168,750
Strike 222.5 has a total call value of 23,856,300,000 versus a total put value of 20,924,718,750 Combined total value = 44,781,018,750
Strike 225 has a total call value of 29,075,231,250 versus a total put value of 18,785,812,500 Combined total value = 47,861,043,750
Strike 227.5 has a total call value of 34,750,462,500 versus a total put value of 16,737,581,250 Combined total value = 51,488,043,750
Strike 230 has a total call value of 40,548,543,750 versus a total put value of 14,717,137,500 Combined total value = 55,265,681,250
Strike 232.5 has a total call value of 46,741,500,000 versus a total put value of 12,980,418,750 Combined total value = 59,721,918,750
Strike 235 has a total call value of 52,976,137,500 versus a total put value of 11,243,700,000 Combined total value = 64,219,837,500
Strike 237.5 has a total call value of 59,327,043,750 versus a total put value of 9,536,962,500 Combined total value = 68,864,006,250
Strike 240 has a total call value of 65,677,950,000 versus a total put value of 7,830,225,000 Combined total value = 73,508,175,000
Strike 242.5 has a total call value of 72,461,025,000 versus a total put value of 6,674,118,750 Combined total value = 79,135,143,750
Strike 245 has a total call value of 79,244,100,000 versus a total put value of 5,518,012,500 Combined total value = 84,762,112,500
Strike 247.5 has a total call value of 86,027,175,000 versus a total put value of 4,383,112,500 Combined total value = 90,410,287,500
Strike 250 has a total call value of 92,810,250,000 versus a total put value of 3,248,212,500 Combined total value = 96,058,462,500
Strike 252.5 has a total call value of 99,918,000,000 versus a total put value of 2,435,793,750 Combined total value = 102,353,793,750
Strike 255 has a total call value of 107,025,750,000 versus a total put value of 1,623,375,000 Combined total value = 108,649,125,000
Strike 257.5 has a total call value of 114,133,500,000 versus a total put value of 811,687,500 Combined total value = 114,945,187,500
Strike 260 has a total call value of 121,241,250,000 versus a total put value of 0 Combined total value = 121,241,250,000
Strike 262.5 has a total call value of 128,590,312,500 versus a total put value of 0 Combined total value = 128,590,312,500
Strike 265 has a total call value of 135,939,375,000 versus a total put value of 0 Combined total value = 135,939,375,000
Strike 267.5 has a total call value of 143,288,437,500 versus a total put value of 0 Combined total value = 143,288,437,500
Strike 270 has a total call value of 150,637,500,000 versus a total put value of 0 Combined total value = 150,637,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 407 | 400 |
| ABB | 5537.75 | 5400 |
| ABCAPITAL | 184.39 | 175 |
| ABFRL | 254.72 | 250 |
| ACC | 1911.2 | 1900 |
| ADANIENSOL | 839.9 | 780 |
| ADANIENT | 2380.5 | 2380 |
| ADANIGREEN | 959.8 | 900 |
| ADANIPORTS | 1196 | 1160 |
| ALKEM | 4987.3 | 4800 |
| AMBUJACEM | 512.2 | 510 |
| ANGELONE | 2327.5 | 2100 |
| APLAPOLLO | 1504.5 | 1460 |
| APOLLOHOSP | 6614.65 | 6450 |
| APOLLOTYRE | 425.85 | 420 |
| ASHOKLEY | 210.25 | 210 |
| ASIANPAINT | 2306.9 | 2260 |
| ASTRAL | 1292.05 | 1300 |
| ATGL | 628.5 | 600 |
| AUBANK | 535.9 | 525 |
| AUROPHARMA | 1193.7 | 1160 |
| AXISBANK | 1067.25 | 1040 |
| BAJAJ-AUTO | 8052.9 | 7900 |
| BAJAJFINSV | 1839.4 | 1840 |
| BAJFINANCE | 8947.65 | 8700 |
| BALKRISIND | 2612.65 | 2580 |
| BANDHANBNK | 143.82 | 145 |
| BANKBARODA | 216.14 | 215 |
| BANKINDIA | 104.39 | 100 |
| BEL | 298.01 | 285 |
| BERGEPAINT | 500.35 | 500 |
| BHARATFORG | 1176.5 | 1120 |
| BHARTIARTL | 1709 | 1680 |
| BHEL | 212.38 | 205 |
| BIOCON | 345.45 | 330 |
| BOSCHLTD | 27750.05 | 28000 |
| BPCL | 280.29 | 265 |
| BRITANNIA | 4819.35 | 4750 |
| BSE | 4659.9 | 4500 |
| BSOFT | 408.55 | 410 |
| CAMS | 3834 | 3600 |
| CANBK | 87.72 | 86 |
| CDSL | 1216.35 | 1140 |
| CESC | 149.07 | 145 |
| CGPOWER | 641.7 | 620 |
| CHAMBLFERT | 595.5 | 580 |
| CHOLAFIN | 1534.95 | 1480 |
| CIPLA | 1523.1 | 1480 |
| COALINDIA | 405.6 | 395 |
| COFORGE | 7775 | 7500 |
| COLPAL | 2393.1 | 2460 |
| CONCOR | 692.15 | 680 |
| CROMPTON | 364.5 | 355 |
| CUMMINSIND | 2970.1 | 2900 |
| CYIENT | 1333.8 | 1260 |
| DABUR | 506.85 | 500 |
| DALBHARAT | 1710.65 | 1700 |
| DEEPAKNTR | 2038.05 | 1950 |
| DELHIVERY | 265 | 260 |
| DIVISLAB | 5817 | 5750 |
| DIXON | 14063.1 | 13750 |
| DLF | 703.5 | 690 |
| DMART | 3936.85 | 3800 |
| DRREDDY | 1197.95 | 1150 |
| EICHERMOT | 5308.1 | 5100 |
| ESCORTS | 3196.8 | 3100 |
| EXIDEIND | 360.3 | 360 |
| FEDERALBNK | 187.05 | 185 |
| GAIL | 175.19 | 170 |
| GLENMARK | 1504.85 | 1440 |
| GMRAIRPORT | 77.32 | 75 |
| GODREJCP | 1113 | 1070 |
| GODREJPROP | 2164.1 | 2100 |
| GRANULES | 505 | 500 |
| GRASIM | 2511 | 2420 |
| HAL | 3898.55 | 3700 |
| HAVELLS | 1493.25 | 1500 |
| HCLTECH | 1588.85 | 1580 |
| HDFCAMC | 3985.9 | 3900 |
| HDFCBANK | 1764.55 | 1760 |
| HDFCLIFE | 674.85 | 640 |
| HEROMOTOCO | 3652.35 | 3650 |
| HFCL | 83.7 | 82.5 |
| HINDALCO | 701.35 | 680 |
| HINDCOPPER | 231 | 220 |
| HINDPETRO | 349.15 | 330 |
| HINDUNILVR | 2250 | 2260 |
| HUDCO | 203.19 | 195 |
| ICICIBANK | 1344.3 | 1300 |
| ICICIGI | 1716.15 | 1700 |
| ICICIPRULI | 579.95 | 570 |
| IDEA | 7.51 | 8 |
| IDFCFIRSTB | 56.05 | 57 |
| IEX | 171.55 | 170 |
| IGL | 197.4 | 192.5 |
| IIFL | 332.6 | 320 |
| INDHOTEL | 824.15 | 790 |
| INDIANB | 538.95 | 510 |
| INDIGO | 5064.25 | 4900 |
| INDUSINDBK | 674.75 | 750 |
| INDUSTOWER | 346.8 | 340 |
| INFY | 1597.7 | 1620 |
| IOC | 131.64 | 127.5 |
| IRB | 47.01 | 45 |
| IRCTC | 723.85 | 720 |
| IREDA | 154.9 | 145 |
| IRFC | 129.53 | 125 |
| ITC | 404.25 | 405 |
| JINDALSTEL | 917.95 | 900 |
| JIOFIN | 229.88 | 225 |
| JKCEMENT | 4848 | 4550 |
| JSL | 633.9 | 650 |
| JSWENERGY | 561.4 | 530 |
| JSWSTEEL | 1057.05 | 1030 |
| JUBLFOOD | 628.8 | 630 |
| KALYANKJIL | 475.8 | 440 |
| KEI | 2896 | 2900 |
| KOTAKBANK | 2080.85 | 2020 |
| KPITTECH | 1312 | 1280 |
| LAURUSLABS | 615.2 | 580 |
| LICHSGFIN | 569.6 | 540 |
| LICI | 789.5 | 780 |
| LODHA | 1176.05 | 1160 |
| LT | 3435.95 | 3300 |
| LTF | 154.9 | 150 |
| LTIM | 4522 | 4500 |
| LTTS | 4683.95 | 4600 |
| LUPIN | 2091.75 | 2040 |
| M&M | 2869.95 | 2750 |
| M&MFIN | 287.9 | 280 |
| MANAPPURAM | 239.25 | 205 |
| MARICO | 632.4 | 620 |
| MARUTI | 11896.05 | 11800 |
| MAXHEALTH | 1179.1 | 1140 |
| MCX | 5465.5 | 5300 |
| MFSL | 1133.45 | 1100 |
| MGL | 1377.8 | 1340 |
| MOTHERSON | 132.34 | 130 |
| MPHASIS | 2413 | 2350 |
| MRF | 112317.7 | 109000 |
| MUTHOOTFIN | 2358.75 | 2340 |
| NATIONALUM | 184.98 | 190 |
| NAUKRI | 6927.1 | 6800 |
| NBCC | 83.58 | 80 |
| NCC | 203.78 | 195 |
| NESTLEIND | 2271.4 | 2240 |
| NHPC | 83.93 | 80 |
| NMDC | 67.12 | 68 |
| NTPC | 350.5 | 340 |
| NYKAA | 174.14 | 170 |
| OBEROIRLTY | 1657.7 | 1600 |
| OFSS | 7658 | 7750 |
| OIL | 394.75 | 380 |
| ONGC | 241.13 | 232.5 |
| PAGEIND | 41849.1 | 41000 |
| PATANJALI | 1756.45 | 1740 |
| PAYTM | 751.7 | 720 |
| PEL | 984.9 | 940 |
| PERSISTENT | 5294.6 | 5300 |
| PETRONET | 300.9 | 295 |
| PFC | 409.05 | 400 |
| PHOENIXLTD | 1671.85 | 1600 |
| PIDILITIND | 2829.65 | 2760 |
| PIIND | 3473 | 3300 |
| PNB | 92.49 | 91 |
| POLICYBZR | 1579 | 1500 |
| POLYCAB | 5063.7 | 5000 |
| POONAWALLA | 331.25 | 300 |
| POWERGRID | 283.95 | 275 |
| PRESTIGE | 1237.5 | 1150 |
| RAMCOCEM | 851.85 | 840 |
| RBLBANK | 167.39 | 165 |
| RECLTD | 434.8 | 420 |
| RELIANCE | 1279.25 | 1250 |
| SAIL | 115.38 | 110 |
| SBICARD | 856.5 | 845 |
| SBILIFE | 1536.95 | 1480 |
| SBIN | 752.15 | 740 |
| SHREECEM | 29287.95 | 28250 |
| SHRIRAMFIN | 671.35 | 650 |
| SIEMENS | 5291.3 | 5000 |
| SJVN | 95 | 90 |
| SOLARINDS | 10501.4 | 10000 |
| SONACOMS | 510.5 | 500 |
| SRF | 3030.9 | 2900 |
| SUNPHARMA | 1778.3 | 1680 |
| SUPREMEIND | 3436.85 | 3500 |
| SYNGENE | 707.65 | 700 |
| TATACHEM | 851.5 | 840 |
| TATACOMM | 1617.15 | 1540 |
| TATACONSUM | 969.1 | 970 |
| TATAELXSI | 5486 | 5300 |
| TATAMOTORS | 702.65 | 680 |
| TATAPOWER | 376.5 | 375 |
| TATASTEEL | 158.68 | 153 |
| TATATECH | 699.45 | 670 |
| TCS | 3604.95 | 3600 |
| TECHM | 1420 | 1440 |
| TIINDIA | 2896.95 | 2800 |
| TITAGARH | 788.3 | 740 |
| TITAN | 3175.95 | 3150 |
| TORNTPHARM | 3264.6 | 3150 |
| TORNTPOWER | 1496.5 | 1400 |
| TRENT | 5194.3 | 5100 |
| TVSMOTOR | 2438.6 | 2360 |
| ULTRACEMCO | 11009.75 | 10600 |
| UNIONBANK | 120.04 | 119 |
| UNITDSPR | 1396.45 | 1320 |
| UPL | 666.25 | 640 |
| USDINR | 86.145 | 77.25 |
| VBL | 548.2 | 520 |
| VEDL | 466.05 | 450 |
| VOLTAS | 1429.95 | 1420 |
| WIPRO | 268.4 | 270 |
| YESBANK | 17.05 | 17 |
| ZOMATO | 225.86 | 220 |
| ZYDUSLIFE | 925.25 | 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.
