BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
14 Jan 2025 04:13 PM IST
Max Pain for BANKBARODA is 240
Strike 185 has a total call value of 0 versus a total put value of 228,350,362,500 Combined total value = 228,350,362,500
Strike 187.5 has a total call value of 0 versus a total put value of 216,412,706,250 Combined total value = 216,412,706,250
Strike 190 has a total call value of 0 versus a total put value of 204,475,050,000 Combined total value = 204,475,050,000
Strike 192.5 has a total call value of 0 versus a total put value of 192,636,843,750 Combined total value = 192,636,843,750
Strike 195 has a total call value of 0 versus a total put value of 180,798,637,500 Combined total value = 180,798,637,500
Strike 197.5 has a total call value of 0 versus a total put value of 169,094,981,250 Combined total value = 169,094,981,250
Strike 200 has a total call value of 0 versus a total put value of 157,476,150,000 Combined total value = 157,476,150,000
Strike 202.5 has a total call value of 27,787,500 versus a total put value of 146,660,231,250 Combined total value = 146,688,018,750
Strike 205 has a total call value of 73,125,000 versus a total put value of 135,921,093,750 Combined total value = 135,994,218,750
Strike 207.5 has a total call value of 138,206,250 versus a total put value of 125,489,081,250 Combined total value = 125,627,287,500
Strike 210 has a total call value of 234,731,250 versus a total put value of 115,152,862,500 Combined total value = 115,387,593,750
Strike 212.5 has a total call value of 388,293,750 versus a total put value of 105,343,875,000 Combined total value = 105,732,168,750
Strike 215 has a total call value of 565,987,500 versus a total put value of 95,651,887,500 Combined total value = 96,217,875,000
Strike 217.5 has a total call value of 814,612,500 versus a total put value of 86,371,593,750 Combined total value = 87,186,206,250
Strike 220 has a total call value of 1,261,406,250 versus a total put value of 77,331,881,250 Combined total value = 78,593,287,500
Strike 222.5 has a total call value of 2,011,668,750 versus a total put value of 69,257,418,750 Combined total value = 71,269,087,500
Strike 225 has a total call value of 2,895,750,000 versus a total put value of 61,367,962,500 Combined total value = 64,263,712,500
Strike 227.5 has a total call value of 4,298,287,500 versus a total put value of 54,228,037,500 Combined total value = 58,526,325,000
Strike 230 has a total call value of 5,946,525,000 versus a total put value of 47,308,218,750 Combined total value = 53,254,743,750
Strike 232.5 has a total call value of 8,902,237,500 versus a total put value of 41,523,300,000 Combined total value = 50,425,537,500
Strike 235 has a total call value of 12,285,000,000 versus a total put value of 36,043,312,500 Combined total value = 48,328,312,500
Strike 237.5 has a total call value of 16,577,437,500 versus a total put value of 31,009,387,500 Combined total value = 47,586,825,000
Strike 240 has a total call value of 21,216,487,500 versus a total put value of 26,193,375,000 Combined total value = 47,409,862,500
Strike 242.5 has a total call value of 27,909,618,750 versus a total put value of 22,472,775,000 Combined total value = 50,382,393,750
Strike 245 has a total call value of 35,143,875,000 versus a total put value of 18,982,518,750 Combined total value = 54,126,393,750
Strike 247.5 has a total call value of 43,625,643,750 versus a total put value of 15,974,156,250 Combined total value = 59,599,800,000
Strike 250 has a total call value of 52,617,825,000 versus a total put value of 13,139,100,000 Combined total value = 65,756,925,000
Strike 252.5 has a total call value of 63,511,987,500 versus a total put value of 10,836,393,750 Combined total value = 74,348,381,250
Strike 255 has a total call value of 74,618,212,500 versus a total put value of 8,533,687,500 Combined total value = 83,151,900,000
Strike 257.5 has a total call value of 86,423,512,500 versus a total put value of 6,410,868,750 Combined total value = 92,834,381,250
Strike 260 has a total call value of 98,361,168,750 versus a total put value of 4,288,050,000 Combined total value = 102,649,218,750
Strike 262.5 has a total call value of 111,740,118,750 versus a total put value of 3,287,700,000 Combined total value = 115,027,818,750
Strike 265 has a total call value of 125,287,987,500 versus a total put value of 2,287,350,000 Combined total value = 127,575,337,500
Strike 267.5 has a total call value of 139,331,643,750 versus a total put value of 1,390,837,500 Combined total value = 140,722,481,250
Strike 270 has a total call value of 153,375,300,000 versus a total put value of 494,325,000 Combined total value = 153,869,625,000
Strike 272.5 has a total call value of 168,176,531,250 versus a total put value of 376,593,750 Combined total value = 168,553,125,000
Strike 275 has a total call value of 183,009,206,250 versus a total put value of 258,862,500 Combined total value = 183,268,068,750
Strike 277.5 has a total call value of 198,058,331,250 versus a total put value of 141,131,250 Combined total value = 198,199,462,500
Strike 280 has a total call value of 213,175,462,500 versus a total put value of 23,400,000 Combined total value = 213,198,862,500
Strike 282.5 has a total call value of 228,536,831,250 versus a total put value of 17,550,000 Combined total value = 228,554,381,250
Strike 285 has a total call value of 243,898,200,000 versus a total put value of 11,700,000 Combined total value = 243,909,900,000
Strike 287.5 has a total call value of 259,454,081,250 versus a total put value of 5,850,000 Combined total value = 259,459,931,250
Strike 290 has a total call value of 275,009,962,500 versus a total put value of 0 Combined total value = 275,009,962,500
Strike 292.5 has a total call value of 290,783,025,000 versus a total put value of 0 Combined total value = 290,783,025,000
Strike 295 has a total call value of 306,556,087,500 versus a total put value of 0 Combined total value = 306,556,087,500
Strike 297.5 has a total call value of 322,329,150,000 versus a total put value of 0 Combined total value = 322,329,150,000
Strike 300 has a total call value of 338,102,212,500 versus a total put value of 0 Combined total value = 338,102,212,500
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 409.35 | 420 |
| ABB | 6146.6 | 6600 |
| ABBOTINDIA | 28235.55 | 29000 |
| ABCAPITAL | 174.37 | 182.5 |
| ABFRL | 270.1 | 280 |
| ACC | 1946.25 | 2080 |
| ADANIENSOL | 771.3 | 780 |
| ADANIENT | 2380.55 | 2500 |
| ADANIGREEN | 1006.85 | 1000 |
| ADANIPORTS | 1117.1 | 1180 |
| ALKEM | 5264.8 | 5450 |
| AMBUJACEM | 515.35 | 550 |
| ANGELONE | 2370.55 | 2500 |
| APLAPOLLO | 1466.9 | 1520 |
| APOLLOHOSP | 6706.85 | 7050 |
| APOLLOTYRE | 452.8 | 470 |
| ASHOKLEY | 210.05 | 220 |
| ASIANPAINT | 2239.95 | 2300 |
| ASTRAL | 1493.5 | 1600 |
| ATGL | 669.8 | 670 |
| ATUL | 6736.9 | 6900 |
| AUBANK | 575.1 | 565 |
| AUROPHARMA | 1174.5 | 1220 |
| AXISBANK | 1051.65 | 1080 |
| BAJAJ-AUTO | 8611.2 | 8900 |
| BAJAJFINSV | 1713.5 | 1660 |
| BAJFINANCE | 7335 | 7200 |
| BALKRISIND | 2705.35 | 2800 |
| BANDHANBNK | 147.94 | 160 |
| BANKBARODA | 223.72 | 240 |
| BANKINDIA | 94.62 | 98 |
| BATAINDIA | 1343.55 | 1380 |
| BEL | 269.9 | 280 |
| BERGEPAINT | 462.45 | 460 |
| BHARATFORG | 1190.4 | 1260 |
| BHARTIARTL | 1600.1 | 1600 |
| BHEL | 197.1 | 220 |
| BIOCON | 387.65 | 375 |
| BOSCHLTD | 31621.7 | 33000 |
| BPCL | 270.2 | 280 |
| BRITANNIA | 4862.4 | 4850 |
| BSE | 5448.85 | 5300 |
| BSOFT | 532.9 | 560 |
| CAMS | 4219.6 | 4600 |
| CANBK | 93.22 | 98 |
| CANFINHOME | 670.8 | 700 |
| CDSL | 1572.5 | 1700 |
| CESC | 153.69 | 160 |
| CGPOWER | 640.15 | 670 |
| CHAMBLFERT | 475.05 | 490 |
| CHOLAFIN | 1270.7 | 1260 |
| CIPLA | 1447.75 | 1500 |
| COALINDIA | 369.25 | 385 |
| COFORGE | 8592.4 | 9000 |
| COLPAL | 2713.3 | 2780 |
| CONCOR | 761.75 | 780 |
| COROMANDEL | 1835.3 | 1880 |
| CROMPTON | 357.2 | 370 |
| CUB | 167.4 | 170 |
| CUMMINSIND | 2940.95 | 3150 |
| CYIENT | 1713.45 | 1720 |
| DABUR | 512.5 | 515 |
| DALBHARAT | 1729 | 1740 |
| DEEPAKNTR | 2340.85 | 2450 |
| DELHIVERY | 324 | 335 |
| DIVISLAB | 5990.3 | 5900 |
| DIXON | 16274.9 | 17000 |
| DLF | 723.25 | 770 |
| DMART | 3476.5 | 3700 |
| DRREDDY | 1337.55 | 1350 |
| EICHERMOT | 5029.55 | 5000 |
| ESCORTS | 3439 | 3300 |
| EXIDEIND | 382.25 | 410 |
| FEDERALBNK | 192.56 | 197.5 |
| GAIL | 175.96 | 190 |
| GLENMARK | 1515.95 | 1560 |
| GMRAIRPORT | 72.2 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 535.15 | 550 |
| GODREJCP | 1140.45 | 1140 |
| GODREJPROP | 2307.95 | 2500 |
| GRANULES | 583.75 | 590 |
| GRASIM | 2310.6 | 2480 |
| GUJGASLTD | 487.05 | 495 |
| HAL | 3828.35 | 4100 |
| HAVELLS | 1525 | 1600 |
| HCLTECH | 1813.55 | 1840 |
| HDFCAMC | 3865.05 | 3900 |
| HDFCBANK | 1646.6 | 1700 |
| HDFCLIFE | 600.45 | 620 |
| HEROMOTOCO | 4102.65 | 4200 |
| HFCL | 98.07 | 105 |
| HINDALCO | 590.9 | 600 |
| HINDCOPPER | 226.08 | 250 |
| HINDPETRO | 373.25 | 390 |
| HINDUNILVR | 2367.95 | 2400 |
| HUDCO | 214.29 | 220 |
| ICICIBANK | 1240.3 | 1270 |
| ICICIGI | 1831.2 | 1860 |
| ICICIPRULI | 642.15 | 660 |
| IDEA | 8.25 | 8 |
| IDFCFIRSTB | 61.94 | 63 |
| IEX | 166.83 | 177.5 |
| IGL | 411.25 | 410 |
| INDHOTEL | 781.4 | 800 |
| INDIAMART | 2254.7 | 2300 |
| INDIANB | 505.8 | 520 |
| INDIGO | 3995 | 4300 |
| INDUSINDBK | 962.1 | 980 |
| INDUSTOWER | 340.3 | 340 |
| INFY | 1940.05 | 1940 |
| IOC | 126.63 | 135 |
| IPCALAB | 1588.15 | 1640 |
| IRB | 51.27 | 55 |
| IRCTC | 757.75 | 790 |
| IRFC | 135.55 | 135 |
| ITC | 436.6 | 445 |
| JINDALSTEL | 909.9 | 940 |
| JIOFIN | 272.85 | 285 |
| JKCEMENT | 4388.55 | 4500 |
| JSL | 625.45 | 630 |
| JSWENERGY | 547.85 | 570 |
| JSWSTEEL | 906.05 | 920 |
| JUBLFOOD | 708.9 | 730 |
| KALYANKJIL | 596.4 | 640 |
| KEI | 4020.3 | 4200 |
| KOTAKBANK | 1750.6 | 1800 |
| KPITTECH | 1323.95 | 1400 |
| LALPATHLAB | 2803.05 | 2950 |
| LAURUSLABS | 568 | 590 |
| LICHSGFIN | 552.4 | 590 |
| LICI | 825.4 | 860 |
| LODHA | 1144.15 | 1260 |
| LT | 3462.6 | 3600 |
| LTF | 133.73 | 137.5 |
| LTIM | 5751.9 | 5800 |
| LTTS | 4706.55 | 4800 |
| LUPIN | 2154.6 | 2240 |
| M&M | 3049.5 | 3100 |
| M&MFIN | 266.8 | 270 |
| MANAPPURAM | 178.71 | 190 |
| MARICO | 661.1 | 660 |
| MARUTI | 11741.15 | 11600 |
| MAXHEALTH | 1084.9 | 1140 |
| MCX | 5694.05 | 6000 |
| METROPOLIS | 1872.05 | 2000 |
| MFSL | 1051.4 | 1100 |
| MGL | 1269.65 | 1280 |
| MOTHERSON | 145.58 | 155 |
| MPHASIS | 2780.25 | 2900 |
| MRF | 114213.4 | 118000 |
| MUTHOOTFIN | 2123.85 | 2140 |
| NATIONALUM | 199.51 | 210 |
| NAUKRI | 7457.75 | 8000 |
| NAVINFLUOR | 3631.85 | 3650 |
| NCC | 246.5 | 260 |
| NESTLEIND | 2219.05 | 2200 |
| NHPC | 76.39 | 78 |
| NMDC | 63.36 | 67 |
| NTPC | 310.4 | 320 |
| NYKAA | 164.93 | 167.5 |
| OBEROIRLTY | 1975.25 | 2120 |
| OFSS | 10747.1 | 11500 |
| OIL | 465.15 | 460 |
| ONGC | 260.37 | 257.5 |
| PAGEIND | 46471.5 | 47000 |
| PAYTM | 817.9 | 860 |
| PEL | 1026.05 | 1080 |
| PERSISTENT | 5880.1 | 6200 |
| PETRONET | 325.5 | 335 |
| PFC | 417.4 | 440 |
| PIDILITIND | 2808.95 | 2900 |
| PIIND | 3463.2 | 3600 |
| PNB | 98.41 | 102 |
| POLICYBZR | 1743.85 | 1850 |
| POLYCAB | 6474.7 | 6800 |
| POONAWALLA | 308.85 | 315 |
| POWERGRID | 290.25 | 305 |
| PRESTIGE | 1426.3 | 1550 |
| PVRINOX | 1086.25 | 1180 |
| RAMCOCEM | 884.1 | 930 |
| RBLBANK | 153.92 | 160 |
| RECLTD | 476.15 | 500 |
| RELIANCE | 1238.75 | 1250 |
| SAIL | 105.88 | 112.5 |
| SBICARD | 734.7 | 730 |
| SBILIFE | 1499.25 | 1440 |
| SBIN | 748.15 | 780 |
| SHREECEM | 25130.2 | 25750 |
| SHRIRAMFIN | 544.1 | 570 |
| SIEMENS | 5863.45 | 6200 |
| SJVN | 94.04 | 100 |
| SONACOMS | 569.9 | 580 |
| SRF | 2509.75 | 2560 |
| SUNPHARMA | 1770.85 | 1820 |
| SUNTV | 658 | 680 |
| SUPREMEIND | 4366.05 | 4500 |
| SYNGENE | 827.5 | 850 |
| TATACHEM | 965.5 | 1020 |
| TATACOMM | 1676.9 | 1740 |
| TATACONSUM | 963.15 | 950 |
| TATAELXSI | 6084.8 | 6200 |
| TATAMOTORS | 770.5 | 780 |
| TATAPOWER | 356.95 | 380 |
| TATASTEEL | 126.93 | 135 |
| TCS | 4233.05 | 4200 |
| TECHM | 1647.5 | 1680 |
| TIINDIA | 3321.3 | 3500 |
| TITAN | 3322.5 | 3400 |
| TORNTPHARM | 3252.4 | 3350 |
| TRENT | 6161.15 | 6700 |
| TVSMOTOR | 2235 | 2320 |
| UBL | 1965.3 | 1980 |
| ULTRACEMCO | 10483.75 | 11100 |
| UNIONBANK | 104.08 | 110 |
| UNITDSPR | 1407.25 | 1500 |
| UPL | 541.85 | 537.2 |
| VBL | 566.3 | 600 |
| VEDL | 430.6 | 450 |
| VOLTAS | 1637.65 | 1720 |
| WIPRO | 292.85 | 295 |
| YESBANK | 18.02 | 19 |
| ZOMATO | 233.6 | 250 |
| ZYDUSLIFE | 1000.15 | 1000 |
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.
