BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
12 Nov 2024 04:13 PM IST
Max Pain for BANKBARODA is 255
Strike 200 has a total call value of 0 versus a total put value of 151,808,231,250 Combined total value = 151,808,231,250
Strike 202.5 has a total call value of 0 versus a total put value of 143,824,443,750 Combined total value = 143,824,443,750
Strike 205 has a total call value of 0 versus a total put value of 135,840,656,250 Combined total value = 135,840,656,250
Strike 207.5 has a total call value of 0 versus a total put value of 127,856,868,750 Combined total value = 127,856,868,750
Strike 210 has a total call value of 0 versus a total put value of 119,873,081,250 Combined total value = 119,873,081,250
Strike 212.5 has a total call value of 0 versus a total put value of 112,107,937,500 Combined total value = 112,107,937,500
Strike 215 has a total call value of 0 versus a total put value of 104,342,793,750 Combined total value = 104,342,793,750
Strike 217.5 has a total call value of 0 versus a total put value of 96,747,300,000 Combined total value = 96,747,300,000
Strike 220 has a total call value of 0 versus a total put value of 89,151,806,250 Combined total value = 89,151,806,250
Strike 222.5 has a total call value of 0 versus a total put value of 81,896,343,750 Combined total value = 81,896,343,750
Strike 225 has a total call value of 0 versus a total put value of 74,664,281,250 Combined total value = 74,664,281,250
Strike 227.5 has a total call value of 6,581,250 versus a total put value of 67,609,181,250 Combined total value = 67,615,762,500
Strike 230 has a total call value of 13,162,500 versus a total put value of 60,582,600,000 Combined total value = 60,595,762,500
Strike 232.5 has a total call value of 85,556,250 versus a total put value of 54,125,662,500 Combined total value = 54,211,218,750
Strike 235 has a total call value of 157,950,000 versus a total put value of 47,740,387,500 Combined total value = 47,898,337,500
Strike 237.5 has a total call value of 274,218,750 versus a total put value of 41,644,687,500 Combined total value = 41,918,906,250
Strike 240 has a total call value of 419,737,500 versus a total put value of 35,646,243,750 Combined total value = 36,065,981,250
Strike 242.5 has a total call value of 873,843,750 versus a total put value of 30,662,043,750 Combined total value = 31,535,887,500
Strike 245 has a total call value of 1,376,212,500 versus a total put value of 25,827,750,000 Combined total value = 27,203,962,500
Strike 247.5 has a total call value of 2,127,206,250 versus a total put value of 21,438,056,250 Combined total value = 23,565,262,500
Strike 250 has a total call value of 2,953,518,750 versus a total put value of 17,196,075,000 Combined total value = 20,149,593,750
Strike 252.5 has a total call value of 4,682,925,000 versus a total put value of 13,824,281,250 Combined total value = 18,507,206,250
Strike 255 has a total call value of 6,553,462,500 versus a total put value of 10,657,968,750 Combined total value = 17,211,431,250
Strike 257.5 has a total call value of 9,207,900,000 versus a total put value of 8,004,262,500 Combined total value = 17,212,162,500
Strike 260 has a total call value of 12,146,062,500 versus a total put value of 5,552,381,250 Combined total value = 17,698,443,750
Strike 262.5 has a total call value of 18,408,487,500 versus a total put value of 4,124,250,000 Combined total value = 22,532,737,500
Strike 265 has a total call value of 25,000,706,250 versus a total put value of 2,868,693,750 Combined total value = 27,869,400,000
Strike 267.5 has a total call value of 32,635,687,500 versus a total put value of 1,891,012,500 Combined total value = 34,526,700,000
Strike 270 has a total call value of 40,522,218,750 versus a total put value of 968,906,250 Combined total value = 41,491,125,000
Strike 272.5 has a total call value of 49,953,150,000 versus a total put value of 748,068,750 Combined total value = 50,701,218,750
Strike 275 has a total call value of 59,547,881,250 versus a total put value of 544,050,000 Combined total value = 60,091,931,250
Strike 277.5 has a total call value of 69,712,256,250 versus a total put value of 379,518,750 Combined total value = 70,091,775,000
Strike 280 has a total call value of 79,998,018,750 versus a total put value of 231,075,000 Combined total value = 80,229,093,750
Strike 282.5 has a total call value of 91,065,487,500 versus a total put value of 168,918,750 Combined total value = 91,234,406,250
Strike 285 has a total call value of 102,226,556,250 versus a total put value of 106,762,500 Combined total value = 102,333,318,750
Strike 287.5 has a total call value of 113,675,006,250 versus a total put value of 53,381,250 Combined total value = 113,728,387,500
Strike 290 has a total call value of 125,150,512,500 versus a total put value of 0 Combined total value = 125,150,512,500
Strike 292.5 has a total call value of 137,042,100,000 versus a total put value of 0 Combined total value = 137,042,100,000
Strike 295 has a total call value of 148,933,687,500 versus a total put value of 0 Combined total value = 148,933,687,500
Strike 297.5 has a total call value of 160,877,925,000 versus a total put value of 0 Combined total value = 160,877,925,000
Strike 300 has a total call value of 172,822,162,500 versus a total put value of 0 Combined total value = 172,822,162,500
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 445.25 | 460 |
| ABB | 6964.25 | 7200 |
| ABBOTINDIA | 28597.85 | 29000 |
| ABCAPITAL | 194.77 | 205 |
| ABFRL | 293.85 | 300 |
| ACC | 2263.9 | 2400 |
| ADANIENT | 2870 | 3000 |
| ADANIPORTS | 1326 | 1360 |
| ALKEM | 5503.4 | 5700 |
| AMBUJACEM | 556.6 | 580 |
| APOLLOHOSP | 7019.55 | 7200 |
| APOLLOTYRE | 471.35 | 480 |
| ASHOKLEY | 221.12 | 220 |
| ASIANPAINT | 2474.85 | 2600 |
| ASTRAL | 1742.65 | 1800 |
| ATUL | 7423.25 | 7700 |
| AUBANK | 579.25 | 590 |
| AUROPHARMA | 1267.4 | 1320 |
| AXISBANK | 1158.15 | 1170 |
| BAJAJ-AUTO | 9678.7 | 9900 |
| BAJAJFINSV | 1691.75 | 1740 |
| BAJFINANCE | 6638.2 | 6900 |
| BALKRISIND | 2742.25 | 2800 |
| BANDHANBNK | 172.59 | 180 |
| BANKBARODA | 252.7 | 255 |
| BATAINDIA | 1334.9 | 1340 |
| BEL | 290.15 | 295 |
| BERGEPAINT | 496.15 | 510 |
| BHARATFORG | 1360.6 | 1420 |
| BHARTIARTL | 1555.65 | 1600 |
| BHEL | 230.22 | 240 |
| BIOCON | 347.5 | 340 |
| BOSCHLTD | 33278.5 | 34000 |
| BPCL | 309.8 | 315 |
| BRITANNIA | 5027.55 | 5200 |
| BSOFT | 564.55 | 570 |
| CANBK | 101.5 | 105 |
| CANFINHOME | 828.85 | 850 |
| CHAMBLFERT | 483.95 | 500 |
| CHOLAFIN | 1239.75 | 1280 |
| CIPLA | 1525.15 | 1560 |
| COALINDIA | 414.05 | 434.25 |
| COFORGE | 8099.25 | 8000 |
| COLPAL | 2789.3 | 2900 |
| CONCOR | 809.75 | 840 |
| COROMANDEL | 1730.5 | 1700 |
| CROMPTON | 390.4 | 400 |
| CUB | 174.14 | 175 |
| CUMMINSIND | 3480.35 | 3550 |
| DABUR | 510.5 | 540 |
| DALBHARAT | 1786.7 | 1800 |
| DEEPAKNTR | 2572.9 | 2700 |
| DIVISLAB | 5810.7 | 5900 |
| DIXON | 15008.15 | 14750 |
| DLF | 764.85 | 800 |
| DRREDDY | 1263.9 | 1290 |
| EICHERMOT | 4738.2 | 4800 |
| ESCORTS | 3559.45 | 3650 |
| EXIDEIND | 431.8 | 450 |
| FEDERALBNK | 207.27 | 205 |
| GAIL | 194.15 | 205 |
| GLENMARK | 1577.05 | 1640 |
| GMRINFRA | 78.22 | 83 |
| GNFC | 589.2 | 630 |
| GODREJCP | 1176.2 | 1240 |
| GODREJPROP | 2645.1 | 2800 |
| GRANULES | 562.15 | 570 |
| GRASIM | 2521.2 | 2560 |
| GUJGASLTD | 503.05 | 520 |
| HAL | 4243.5 | 4400 |
| HAVELLS | 1603.4 | 1660 |
| HCLTECH | 1872.85 | 1820 |
| HDFCAMC | 4397.5 | 4450 |
| HDFCBANK | 1718.2 | 1740 |
| HDFCLIFE | 700 | 710 |
| HEROMOTOCO | 4724.2 | 4900 |
| HINDALCO | 651.65 | 660 |
| HINDCOPPER | 269.45 | 290 |
| HINDPETRO | 375.55 | 385 |
| HINDUNILVR | 2461.5 | 2520 |
| ICICIBANK | 1270.6 | 1270 |
| ICICIGI | 1892.25 | 1900 |
| ICICIPRULI | 702.1 | 720 |
| IDEA | 7.67 | 8 |
| IDFCFIRSTB | 66.24 | 67 |
| IEX | 166.23 | 175 |
| IGL | 427.3 | 430 |
| INDHOTEL | 730.4 | 720 |
| INDIAMART | 2308.15 | 2400 |
| INDIGO | 3912.9 | 4000 |
| INDUSINDBK | 1059.55 | 1080 |
| INDUSTOWER | 321 | 350 |
| INFY | 1868.8 | 1820 |
| IOC | 138.79 | 145 |
| IPCALAB | 1559.5 | 1560 |
| IRCTC | 811.65 | 840 |
| ITC | 472.85 | 480 |
| JINDALSTEL | 887 | 930 |
| JKCEMENT | 4062.55 | 4150 |
| JSWSTEEL | 957.25 | 990 |
| JUBLFOOD | 636.85 | 630 |
| KOTAKBANK | 1721.4 | 1760 |
| LALPATHLAB | 3029.9 | 3100 |
| LAURUSLABS | 489.55 | 490 |
| LICHSGFIN | 616.95 | 640 |
| LT | 3591.35 | 3600 |
| LTF | 138.57 | 145 |
| LTIM | 6005.05 | 5900 |
| LTTS | 5278.85 | 5200 |
| LUPIN | 2090.1 | 2120 |
| M&M | 2898.55 | 2900 |
| M&MFIN | 265.4 | 275 |
| MANAPPURAM | 157.99 | 155 |
| MARICO | 595.55 | 620 |
| MARUTI | 11143.1 | 11300 |
| MCX | 6104.35 | 6300 |
| METROPOLIS | 2174.3 | 2140 |
| MFSL | 1223.3 | 1220 |
| MGL | 1370.2 | 1420 |
| MOTHERSON | 166.04 | 180 |
| MPHASIS | 2853.45 | 2900 |
| MRF | 120924.15 | 122000 |
| MUTHOOTFIN | 1792.7 | 1860 |
| NATIONALUM | 225.91 | 227.5 |
| NAUKRI | 7821.3 | 7900 |
| NAVINFLUOR | 3322.05 | 3500 |
| NESTLEIND | 2256.2 | 2300 |
| NMDC | 224.76 | 230 |
| NTPC | 380.3 | 400 |
| OBEROIRLTY | 1989.65 | 2000 |
| OFSS | 11855.75 | 11500 |
| ONGC | 256.15 | 265 |
| PAGEIND | 47107.2 | 47000 |
| PEL | 1023.15 | 1060 |
| PERSISTENT | 5680.15 | 5500 |
| PETRONET | 322.7 | 333 |
| PFC | 467.15 | 470 |
| PIDILITIND | 3040.3 | 3140 |
| PIIND | 4548.9 | 4600 |
| PNB | 103.73 | 105 |
| POLYCAB | 6502.75 | 6700 |
| POWERGRID | 322.7 | 320 |
| PVRINOX | 1478.6 | 1500 |
| RAMCOCEM | 910 | 890 |
| RBLBANK | 159.68 | 167.5 |
| RECLTD | 514.5 | 530 |
| RELIANCE | 1274.25 | 1320 |
| SAIL | 114.17 | 120 |
| SBICARD | 679.25 | 695 |
| SBILIFE | 1562.45 | 1600 |
| SBIN | 826.7 | 840 |
| SHREECEM | 24372.8 | 24500 |
| SHRIRAMFIN | 2931.2 | 3100 |
| SIEMENS | 6799.45 | 7000 |
| SRF | 2253.05 | 2300 |
| SUNPHARMA | 1800.85 | 1820 |
| SUNTV | 730.6 | 740 |
| SYNGENE | 889.3 | 890 |
| TATACHEM | 1072.35 | 1120 |
| TATACOMM | 1759.65 | 1800 |
| TATACONSUM | 967.55 | 990 |
| TATAMOTORS | 784.85 | 820 |
| TATAPOWER | 414.15 | 435 |
| TATASTEEL | 144.17 | 150 |
| TCS | 4197.4 | 4150 |
| TECHM | 1687 | 1680 |
| TITAN | 3198.45 | 3200 |
| TORNTPHARM | 3151.05 | 3200 |
| TRENT | 6528.55 | 6700 |
| TVSMOTOR | 2440.3 | 2500 |
| UBL | 1882.45 | 1920 |
| ULTRACEMCO | 10892 | 11000 |
| UNITDSPR | 1446.8 | 1460 |
| UPL | 527.75 | 540 |
| VEDL | 444.75 | 460 |
| VOLTAS | 1699.6 | 1720 |
| WIPRO | 570.65 | 560 |
| ZYDUSLIFE | 949.75 | 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.
