BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
23 May 2025 02:17 PM IST
Max Pain for BANKBARODA is 240
Strike 185 has a total call value of 0 versus a total put value of 201,607,818,750 Combined total value = 201,607,818,750
Strike 187.5 has a total call value of 0 versus a total put value of 190,981,293,750 Combined total value = 190,981,293,750
Strike 190 has a total call value of 0 versus a total put value of 180,354,768,750 Combined total value = 180,354,768,750
Strike 192.5 has a total call value of 241,312,500 versus a total put value of 169,845,975,000 Combined total value = 170,087,287,500
Strike 195 has a total call value of 482,625,000 versus a total put value of 159,337,181,250 Combined total value = 159,819,806,250
Strike 197.5 has a total call value of 723,937,500 versus a total put value of 148,828,387,500 Combined total value = 149,552,325,000
Strike 200 has a total call value of 965,250,000 versus a total put value of 138,319,593,750 Combined total value = 139,284,843,750
Strike 202.5 has a total call value of 1,262,868,750 versus a total put value of 128,234,925,000 Combined total value = 129,497,793,750
Strike 205 has a total call value of 1,560,487,500 versus a total put value of 118,150,256,250 Combined total value = 119,710,743,750
Strike 207.5 has a total call value of 1,858,106,250 versus a total put value of 108,238,893,750 Combined total value = 110,097,000,000
Strike 210 has a total call value of 2,155,725,000 versus a total put value of 98,327,531,250 Combined total value = 100,483,256,250
Strike 212.5 has a total call value of 2,565,956,250 versus a total put value of 88,865,156,250 Combined total value = 91,431,112,500
Strike 215 has a total call value of 2,976,187,500 versus a total put value of 79,481,025,000 Combined total value = 82,457,212,500
Strike 217.5 has a total call value of 3,386,418,750 versus a total put value of 70,525,406,250 Combined total value = 73,911,825,000
Strike 220 has a total call value of 3,796,650,000 versus a total put value of 61,721,156,250 Combined total value = 65,517,806,250
Strike 222.5 has a total call value of 4,478,175,000 versus a total put value of 53,896,050,000 Combined total value = 58,374,225,000
Strike 225 has a total call value of 5,159,700,000 versus a total put value of 46,286,662,500 Combined total value = 51,446,362,500
Strike 227.5 has a total call value of 6,445,968,750 versus a total put value of 39,279,093,750 Combined total value = 45,725,062,500
Strike 230 has a total call value of 8,072,268,750 versus a total put value of 32,500,406,250 Combined total value = 40,572,675,000
Strike 232.5 has a total call value of 10,559,250,000 versus a total put value of 26,858,081,250 Combined total value = 37,417,331,250
Strike 235 has a total call value of 13,219,537,500 versus a total put value of 21,605,512,500 Combined total value = 34,825,050,000
Strike 237.5 has a total call value of 16,579,631,250 versus a total put value of 17,161,706,250 Combined total value = 33,741,337,500
Strike 240 has a total call value of 20,193,468,750 versus a total put value of 13,146,412,500 Combined total value = 33,339,881,250
Strike 242.5 has a total call value of 24,882,243,750 versus a total put value of 10,407,150,000 Combined total value = 35,289,393,750
Strike 245 has a total call value of 29,957,850,000 versus a total put value of 8,217,787,500 Combined total value = 38,175,637,500
Strike 247.5 has a total call value of 35,886,825,000 versus a total put value of 6,370,650,000 Combined total value = 42,257,475,000
Strike 250 has a total call value of 42,221,643,750 versus a total put value of 4,665,375,000 Combined total value = 46,887,018,750
Strike 252.5 has a total call value of 50,007,262,500 versus a total put value of 3,653,325,000 Combined total value = 53,660,587,500
Strike 255 has a total call value of 58,120,481,250 versus a total put value of 2,673,450,000 Combined total value = 60,793,931,250
Strike 257.5 has a total call value of 67,172,625,000 versus a total put value of 1,967,062,500 Combined total value = 69,139,687,500
Strike 260 has a total call value of 76,482,168,750 versus a total put value of 1,306,012,500 Combined total value = 77,788,181,250
Strike 262.5 has a total call value of 87,436,293,750 versus a total put value of 974,756,250 Combined total value = 88,411,050,000
Strike 265 has a total call value of 98,519,118,750 versus a total put value of 643,500,000 Combined total value = 99,162,618,750
Strike 267.5 has a total call value of 110,211,075,000 versus a total put value of 359,043,750 Combined total value = 110,570,118,750
Strike 270 has a total call value of 121,962,993,750 versus a total put value of 74,587,500 Combined total value = 122,037,581,250
Strike 272.5 has a total call value of 134,217,281,250 versus a total put value of 62,156,250 Combined total value = 134,279,437,500
Strike 275 has a total call value of 146,506,668,750 versus a total put value of 49,725,000 Combined total value = 146,556,393,750
Strike 277.5 has a total call value of 159,769,350,000 versus a total put value of 37,293,750 Combined total value = 159,806,643,750
Strike 280 has a total call value of 173,032,031,250 versus a total put value of 24,862,500 Combined total value = 173,056,893,750
Strike 282.5 has a total call value of 186,878,981,250 versus a total put value of 12,431,250 Combined total value = 186,891,412,500
Strike 285 has a total call value of 200,725,931,250 versus a total put value of 0 Combined total value = 200,725,931,250
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 469.6 | 460 |
| ABB | 5970.5 | 5800 |
| ABCAPITAL | 223.58 | 215 |
| ABFRL | 88.9 | 90 |
| ACC | 1961.2 | 1960 |
| ADANIENSOL | 877.35 | 880 |
| ADANIENT | 2528.3 | 2500 |
| ADANIGREEN | 987.7 | 960 |
| ADANIPORTS | 1396.1 | 1340 |
| ALKEM | 5294.5 | 5300 |
| AMBUJACEM | 572.15 | 570 |
| ANGELONE | 3076.9 | 2850 |
| APLAPOLLO | 1829.7 | 1700 |
| APOLLOHOSP | 7073.5 | 7000 |
| APOLLOTYRE | 494.05 | 485 |
| ASHOKLEY | 240.3 | 235 |
| ASIANPAINT | 2314.8 | 2340 |
| ASTRAL | 1463.8 | 1400 |
| ATGL | 662 | 650 |
| AUBANK | 696.2 | 675 |
| AUROPHARMA | 1187.4 | 1200 |
| AXISBANK | 1210.9 | 1190 |
| BAJAJ-AUTO | 8746.5 | 8600 |
| BAJAJFINSV | 2043.2 | 2020 |
| BAJFINANCE | 9266.5 | 9100 |
| BALKRISIND | 2653.6 | 2680 |
| BANDHANBNK | 165.37 | 167.5 |
| BANKBARODA | 243.61 | 240 |
| BANKINDIA | 117.12 | 115 |
| BEL | 384.45 | 370 |
| BHARATFORG | 1247.2 | 1200 |
| BHARTIARTL | 1838 | 1840 |
| BHEL | 254.73 | 250 |
| BIOCON | 331.4 | 335 |
| BOSCHLTD | 32085 | 31000 |
| BPCL | 318.9 | 315 |
| BRITANNIA | 5473 | 5450 |
| BSE | 2449.5 | 2333.35 |
| BSOFT | 426.8 | 420 |
| CAMS | 3887 | 3800 |
| CANBK | 107.79 | 105 |
| CDSL | 1460 | 1400 |
| CESC | 170.37 | 165 |
| CGPOWER | 696.9 | 670 |
| CHAMBLFERT | 590.7 | 610 |
| CHOLAFIN | 1622.2 | 1600 |
| CIPLA | 1484.5 | 1500 |
| COALINDIA | 401.85 | 400 |
| COFORGE | 8393 | 7800 |
| COLPAL | 2474.7 | 2500 |
| CONCOR | 717.85 | 720 |
| CROMPTON | 351.05 | 345 |
| CUMMINSIND | 2946.3 | 2950 |
| CYIENT | 1327 | 1240 |
| DABUR | 481.5 | 480 |
| DALBHARAT | 2151.5 | 2020 |
| DEEPAKNTR | 2068.1 | 2080 |
| DELHIVERY | 355.3 | 340 |
| DIVISLAB | 6478 | 6400 |
| DIXON | 15083 | 15500 |
| DLF | 772 | 750 |
| DMART | 4116.7 | 4100 |
| DRREDDY | 1228.9 | 1200 |
| EICHERMOT | 5401 | 5400 |
| ESCORTS | 3543.9 | 3400 |
| ETERNAL | 238.81 | 235 |
| EXIDEIND | 383.6 | 380 |
| FEDERALBNK | 202.71 | 197.5 |
| GAIL | 191.57 | 190 |
| GLENMARK | 1417.7 | 1420 |
| GMRAIRPORT | 87.13 | 88 |
| GODREJCP | 1277.6 | 1270 |
| GODREJPROP | 2175.3 | 2200 |
| GRANULES | 519.7 | 500 |
| GRASIM | 2665.8 | 2700 |
| HAL | 4975 | 4900 |
| HAVELLS | 1575.8 | 1600 |
| HCLTECH | 1651.5 | 1600 |
| HDFCAMC | 4805 | 4700 |
| HDFCBANK | 1931.4 | 1920 |
| HDFCLIFE | 778.1 | 745 |
| HEROMOTOCO | 4311.1 | 4100 |
| HFCL | 86.4 | 85 |
| HINDALCO | 654.1 | 650 |
| HINDCOPPER | 235.39 | 230 |
| HINDPETRO | 408.9 | 400 |
| HINDUNILVR | 2350.7 | 2360 |
| HINDZINC | 447.7 | 440 |
| HUDCO | 227.91 | 225 |
| ICICIBANK | 1448.5 | 1440 |
| ICICIGI | 1900.9 | 1880 |
| ICICIPRULI | 639.85 | 620 |
| IDEA | 6.77 | 7 |
| IDFCFIRSTB | 67.06 | 67 |
| IEX | 195.35 | 195 |
| IGL | 204.85 | 200 |
| IIFL | 415.6 | 400 |
| INDHOTEL | 770.25 | 770 |
| INDIANB | 593.05 | 590 |
| INDIGO | 5524 | 5450 |
| INDUSINDBK | 789.55 | 800 |
| INDUSTOWER | 381.85 | 390 |
| INFY | 1573.3 | 1540 |
| INOXWIND | 186.1 | 180 |
| IOC | 144.3 | 143 |
| IRB | 51 | 50 |
| IRCTC | 783.8 | 790 |
| IREDA | 171.68 | 170 |
| IRFC | 137.04 | 132.5 |
| ITC | 436.7 | 430 |
| JINDALSTEL | 954.65 | 940 |
| JIOFIN | 282.15 | 270 |
| JSL | 648.95 | 640 |
| JSWENERGY | 498.75 | 490 |
| JSWSTEEL | 1011.1 | 1000 |
| JUBLFOOD | 664.5 | 680 |
| KALYANKJIL | 555.6 | 540 |
| KEI | 3449.6 | 3350 |
| KOTAKBANK | 2106.1 | 2100 |
| KPITTECH | 1338 | 1300 |
| LAURUSLABS | 594.75 | 600 |
| LICHSGFIN | 598.9 | 600 |
| LICI | 859.05 | 840 |
| LODHA | 1413.9 | 1360 |
| LT | 3601.4 | 3500 |
| LTF | 173.94 | 170 |
| LTIM | 5063 | 4900 |
| LUPIN | 1970.6 | 2000 |
| M&M | 3004.3 | 3000 |
| M&MFIN | 256.95 | 255 |
| MANAPPURAM | 230.75 | 230 |
| MARICO | 699.85 | 710 |
| MARUTI | 12454 | 12200 |
| MAXHEALTH | 1170.5 | 1140 |
| MCX | 6528 | 6300 |
| MFSL | 1471.8 | 1400 |
| MGL | 1350 | 1360 |
| MOTHERSON | 148.59 | 145 |
| MPHASIS | 2550.5 | 2540 |
| MRF | 143490 | 141000 |
| MUTHOOTFIN | 2088 | 2100 |
| NATIONALUM | 184.11 | 180 |
| NAUKRI | 1488.5 | 1440 |
| NBCC | 112.7 | 108 |
| NCC | 233.41 | 230 |
| NESTLEIND | 2405 | 2380 |
| NHPC | 85.95 | 86 |
| NMDC | 72.56 | 70 |
| NTPC | 344.35 | 345 |
| NYKAA | 202.93 | 200 |
| OBEROIRLTY | 1742.7 | 1700 |
| OFSS | 8391.5 | 8435 |
| OIL | 426.9 | 410 |
| ONGC | 243.94 | 240 |
| PAGEIND | 47640 | 47000 |
| PATANJALI | 1700.1 | 1760 |
| PAYTM | 846.55 | 840 |
| PEL | 1103.5 | 1100 |
| PERSISTENT | 5683 | 5600 |
| PETRONET | 319.5 | 320 |
| PFC | 406.2 | 420 |
| PHOENIXLTD | 1596 | 1600 |
| PIDILITIND | 3016.1 | 3020 |
| PIIND | 3682.9 | 3700 |
| PNB | 100.6 | 100 |
| PNBHOUSING | 1047.2 | 1060 |
| POLICYBZR | 1770.8 | 1700 |
| POLYCAB | 5885.5 | 5900 |
| POONAWALLA | 399.6 | 390 |
| POWERGRID | 298.15 | 300 |
| PRESTIGE | 1432 | 1400 |
| RAMCOCEM | 1005.25 | 990 |
| RBLBANK | 209.98 | 207.5 |
| RECLTD | 402.15 | 410 |
| RELIANCE | 1427.3 | 1390 |
| SAIL | 125.9 | 122.5 |
| SBICARD | 899 | 890 |
| SBILIFE | 1800.5 | 1760 |
| SBIN | 792.95 | 790 |
| SHREECEM | 31575 | 31000 |
| SHRIRAMFIN | 661.8 | 640 |
| SIEMENS | 3276 | 3100 |
| SJVN | 100.53 | 100 |
| SOLARINDS | 15175 | 14500 |
| SONACOMS | 538.1 | 510 |
| SRF | 2896.6 | 2950 |
| SUNPHARMA | 1672.4 | 1680 |
| SUPREMEIND | 3902.3 | 3800 |
| SYNGENE | 638.85 | 640 |
| TATACHEM | 877.45 | 860 |
| TATACOMM | 1680 | 1620 |
| TATACONSUM | 1141 | 1140 |
| TATAELXSI | 6290 | 6000 |
| TATAMOTORS | 719.45 | 700 |
| TATAPOWER | 401.55 | 400 |
| TATASTEEL | 162.82 | 155 |
| TATATECH | 769 | 720 |
| TCS | 3519 | 3500 |
| TECHM | 1586.1 | 1540 |
| TIINDIA | 3046.3 | 3000 |
| TITAGARH | 896.25 | 880 |
| TITAN | 3584.7 | 3500 |
| TORNTPHARM | 3170.7 | 3250 |
| TORNTPOWER | 1400.1 | 1420 |
| TRENT | 5446.5 | 5400 |
| TVSMOTOR | 2781.5 | 2780 |
| ULTRACEMCO | 11759 | 11800 |
| UNIONBANK | 141.2 | 135 |
| UNITDSPR | 1583.4 | 1560 |
| UPL | 630.2 | 650 |
| VBL | 487.7 | 490 |
| VEDL | 441.95 | 440 |
| VOLTAS | 1266.1 | 1280 |
| WIPRO | 248.55 | 247.5 |
| YESBANK | 21.17 | 20 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 908.25 | 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.
