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BANKEX
Bank Index

59542.38 213.36 (0.36%)

Max pain for BANKEX

28 Mar 2025 04:11 PM IST

Max Pain for BANKEX is 59500  



Strike  55200  has a total call value of 0  versus a total put value of  7,762,200,000 Combined total value = 7,762,200,000

Strike  55300  has a total call value of 0  versus a total put value of  7,491,900,000 Combined total value = 7,491,900,000

Strike  55400  has a total call value of 0  versus a total put value of  7,221,600,000 Combined total value = 7,221,600,000

Strike  55500  has a total call value of 0  versus a total put value of  6,951,300,000 Combined total value = 6,951,300,000

Strike  55600  has a total call value of 0  versus a total put value of  6,681,000,000 Combined total value = 6,681,000,000

Strike  55700  has a total call value of 0  versus a total put value of  6,410,700,000 Combined total value = 6,410,700,000

Strike  55800  has a total call value of 0  versus a total put value of  6,140,400,000 Combined total value = 6,140,400,000

Strike  55900  has a total call value of 0  versus a total put value of  5,870,100,000 Combined total value = 5,870,100,000

Strike  56000  has a total call value of 0  versus a total put value of  5,599,800,000 Combined total value = 5,599,800,000

Strike  56100  has a total call value of 0  versus a total put value of  5,329,500,000 Combined total value = 5,329,500,000

Strike  56200  has a total call value of 0  versus a total put value of  5,059,200,000 Combined total value = 5,059,200,000

Strike  56300  has a total call value of 0  versus a total put value of  4,788,900,000 Combined total value = 4,788,900,000

Strike  56400  has a total call value of 0  versus a total put value of  4,518,600,000 Combined total value = 4,518,600,000

Strike  56500  has a total call value of 0  versus a total put value of  4,248,300,000 Combined total value = 4,248,300,000

Strike  56600  has a total call value of 300,000  versus a total put value of  3,988,200,000 Combined total value = 3,988,500,000

Strike  56700  has a total call value of 600,000  versus a total put value of  3,734,700,000 Combined total value = 3,735,300,000

Strike  56800  has a total call value of 900,000  versus a total put value of  3,497,400,000 Combined total value = 3,498,300,000

Strike  56900  has a total call value of 1,200,000  versus a total put value of  3,271,800,000 Combined total value = 3,273,000,000

Strike  57000  has a total call value of 1,500,000  versus a total put value of  3,056,100,000 Combined total value = 3,057,600,000

Strike  57100  has a total call value of 1,800,000  versus a total put value of  2,890,200,000 Combined total value = 2,892,000,000

Strike  57200  has a total call value of 2,100,000  versus a total put value of  2,730,600,000 Combined total value = 2,732,700,000

Strike  57300  has a total call value of 2,400,000  versus a total put value of  2,576,700,000 Combined total value = 2,579,100,000

Strike  57400  has a total call value of 2,700,000  versus a total put value of  2,431,500,000 Combined total value = 2,434,200,000

Strike  57500  has a total call value of 3,000,000  versus a total put value of  2,295,000,000 Combined total value = 2,298,000,000

Strike  57600  has a total call value of 3,300,000  versus a total put value of  2,163,300,000 Combined total value = 2,166,600,000

Strike  57700  has a total call value of 3,600,000  versus a total put value of  2,035,200,000 Combined total value = 2,038,800,000

Strike  57800  has a total call value of 3,900,000  versus a total put value of  1,908,000,000 Combined total value = 1,911,900,000

Strike  57900  has a total call value of 4,200,000  versus a total put value of  1,780,800,000 Combined total value = 1,785,000,000

Strike  58000  has a total call value of 4,500,000  versus a total put value of  1,654,200,000 Combined total value = 1,658,700,000

Strike  58100  has a total call value of 4,800,000  versus a total put value of  1,530,900,000 Combined total value = 1,535,700,000

Strike  58200  has a total call value of 5,100,000  versus a total put value of  1,408,200,000 Combined total value = 1,413,300,000

Strike  58300  has a total call value of 5,400,000  versus a total put value of  1,287,000,000 Combined total value = 1,292,400,000

Strike  58400  has a total call value of 5,700,000  versus a total put value of  1,174,800,000 Combined total value = 1,180,500,000

Strike  58500  has a total call value of 6,000,000  versus a total put value of  1,066,200,000 Combined total value = 1,072,200,000

Strike  58600  has a total call value of 6,300,000  versus a total put value of  960,300,000 Combined total value = 966,600,000

Strike  58700  has a total call value of 6,600,000  versus a total put value of  857,400,000 Combined total value = 864,000,000

Strike  58800  has a total call value of 6,900,000  versus a total put value of  758,100,000 Combined total value = 765,000,000

Strike  58900  has a total call value of 7,200,000  versus a total put value of  662,100,000 Combined total value = 669,300,000

Strike  59000  has a total call value of 7,500,000  versus a total put value of  569,100,000 Combined total value = 576,600,000

Strike  59100  has a total call value of 7,800,000  versus a total put value of  480,300,000 Combined total value = 488,100,000

Strike  59200  has a total call value of 8,100,000  versus a total put value of  395,700,000 Combined total value = 403,800,000

Strike  59300  has a total call value of 10,200,000  versus a total put value of  313,200,000 Combined total value = 323,400,000

Strike  59400  has a total call value of 15,000,000  versus a total put value of  233,400,000 Combined total value = 248,400,000

Strike  59500  has a total call value of 22,800,000  versus a total put value of  157,800,000 Combined total value = 180,600,000

Strike  59600  has a total call value of 65,700,000  versus a total put value of  124,200,000 Combined total value = 189,900,000

Strike  59700  has a total call value of 118,200,000  versus a total put value of  95,700,000 Combined total value = 213,900,000

Strike  59800  has a total call value of 174,300,000  versus a total put value of  70,200,000 Combined total value = 244,500,000

Strike  59900  has a total call value of 233,400,000  versus a total put value of  48,000,000 Combined total value = 281,400,000

Strike  60000  has a total call value of 297,000,000  versus a total put value of  28,500,000 Combined total value = 325,500,000

Strike  60100  has a total call value of 373,800,000  versus a total put value of  17,400,000 Combined total value = 391,200,000

Strike  60200  has a total call value of 455,100,000  versus a total put value of  9,300,000 Combined total value = 464,400,000

Strike  60300  has a total call value of 539,100,000  versus a total put value of  4,500,000 Combined total value = 543,600,000

Strike  60400  has a total call value of 625,800,000  versus a total put value of  1,500,000 Combined total value = 627,300,000

Strike  60500  has a total call value of 715,800,000  versus a total put value of  0 Combined total value = 715,800,000

Strike  60600  has a total call value of 810,300,000  versus a total put value of  0 Combined total value = 810,300,000

Strike  60700  has a total call value of 909,000,000  versus a total put value of  0 Combined total value = 909,000,000

Strike  60800  has a total call value of 1,013,400,000  versus a total put value of  0 Combined total value = 1,013,400,000

Strike  60900  has a total call value of 1,124,100,000  versus a total put value of  0 Combined total value = 1,124,100,000

Strike  61000  has a total call value of 1,238,700,000  versus a total put value of  0 Combined total value = 1,238,700,000

Strike  61100  has a total call value of 1,359,900,000  versus a total put value of  0 Combined total value = 1,359,900,000

Strike  61200  has a total call value of 1,485,900,000  versus a total put value of  0 Combined total value = 1,485,900,000

Strike  61300  has a total call value of 1,621,800,000  versus a total put value of  0 Combined total value = 1,621,800,000

Strike  61400  has a total call value of 1,777,500,000  versus a total put value of  0 Combined total value = 1,777,500,000

Strike  61500  has a total call value of 1,943,400,000  versus a total put value of  0 Combined total value = 1,943,400,000

Strike  61600  has a total call value of 2,134,500,000  versus a total put value of  0 Combined total value = 2,134,500,000

Strike  61700  has a total call value of 2,333,700,000  versus a total put value of  0 Combined total value = 2,333,700,000

Strike  61800  has a total call value of 2,543,400,000  versus a total put value of  0 Combined total value = 2,543,400,000

Strike  61900  has a total call value of 2,760,900,000  versus a total put value of  0 Combined total value = 2,760,900,000

Strike  62000  has a total call value of 3,000,000,000  versus a total put value of  0 Combined total value = 3,000,000,000

Strike  62100  has a total call value of 3,288,900,000  versus a total put value of  0 Combined total value = 3,288,900,000

Strike  62200  has a total call value of 3,587,100,000  versus a total put value of  0 Combined total value = 3,587,100,000

Strike  62300  has a total call value of 3,887,400,000  versus a total put value of  0 Combined total value = 3,887,400,000

Strike  62400  has a total call value of 4,194,900,000  versus a total put value of  0 Combined total value = 4,194,900,000

Strike  62500  has a total call value of 4,511,400,000  versus a total put value of  0 Combined total value = 4,511,400,000

Strike  62600  has a total call value of 4,854,900,000  versus a total put value of  0 Combined total value = 4,854,900,000

Strike  62700  has a total call value of 5,214,300,000  versus a total put value of  0 Combined total value = 5,214,300,000

Strike  62800  has a total call value of 5,573,700,000  versus a total put value of  0 Combined total value = 5,573,700,000

Strike  62900  has a total call value of 5,933,100,000  versus a total put value of  0 Combined total value = 5,933,100,000

Strike  63000  has a total call value of 6,292,500,000  versus a total put value of  0 Combined total value = 6,292,500,000

Strike  63100  has a total call value of 6,651,900,000  versus a total put value of  0 Combined total value = 6,651,900,000

Strike  63200  has a total call value of 7,011,300,000  versus a total put value of  0 Combined total value = 7,011,300,000

Strike  63300  has a total call value of 7,371,000,000  versus a total put value of  0 Combined total value = 7,371,000,000

Strike  63400  has a total call value of 7,730,700,000  versus a total put value of  0 Combined total value = 7,730,700,000

Strike  63500  has a total call value of 8,090,400,000  versus a total put value of  0 Combined total value = 8,090,400,000

Strike  63600  has a total call value of 8,450,100,000  versus a total put value of  0 Combined total value = 8,450,100,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 59542.38 400
ABB 59542.38 5600
ABCAPITAL 59542.38 190
ABFRL 59542.38 260
ACC 59542.38 1960
ADANIENSOL 59542.38 840
ADANIENT 59542.38 2500
ADANIGREEN 59542.38 940
ADANIPORTS 59542.38 1200
ALKEM 59542.38 5000
AMBUJACEM 59542.38 550
ANGELONE 59542.38 2200
APLAPOLLO 59542.38 1520
APOLLOHOSP 59542.38 6600
APOLLOTYRE 59542.38 430
ASHOKLEY 59542.38 210
ASIANPAINT 59542.38 2340
ASTRAL 59542.38 1300
ATGL 59542.38 610
AUBANK 59542.38 550
AUROPHARMA 59542.38 1160
AXISBANK 59542.38 1100
BAJAJ-AUTO 59542.38 8000
BAJAJFINSV 59542.38 1980
BAJFINANCE 59542.38 8900
BALKRISIND 59542.38 2580
BANDHANBNK 59542.38 150
BANKBARODA 59542.38 230
BANKINDIA 59542.38 107
BEL 59542.38 300
BERGEPAINT 59542.38 500
BHARATFORG 59542.38 1160
BHARTIARTL 59542.38 1700
BHEL 59542.38 220
BIOCON 59542.38 345
BOSCHLTD 59542.38 28000
BPCL 59542.38 280
BRITANNIA 59542.38 4900
BSE 59542.38 5100
BSOFT 59542.38 400
CAMS 59542.38 3700
CANBK 59542.38 90
CDSL 59542.38 1200
CESC 59542.38 155
CGPOWER 59542.38 650
CHAMBLFERT 59542.38 610
CHOLAFIN 59542.38 1520
CIPLA 59542.38 1480
COALINDIA 59542.38 410
COFORGE 59542.38 8000
COLPAL 59542.38 2400
CONCOR 59542.38 710
CROMPTON 59542.38 360
CUMMINSIND 59542.38 3050
CYIENT 59542.38 1300
DABUR 59542.38 510
DALBHARAT 59542.38 1800
DEEPAKNTR 59542.38 2000
DELHIVERY 59542.38 260
DIVISLAB 59542.38 5800
DIXON 59542.38 13500
DLF 59542.38 700
DMART 59542.38 4050
DRREDDY 59542.38 1150
EICHERMOT 59542.38 5400
ESCORTS 59542.38 3300
EXIDEIND 59542.38 370
FEDERALBNK 59542.38 195
GAIL 59542.38 182.5
GLENMARK 59542.38 1500
GMRAIRPORT 59542.38 77
GODREJCP 59542.38 1140
GODREJPROP 59542.38 2150
GOLDM 59542.38 89000
GRANULES 59542.38 500
GRASIM 59542.38 2580
HAL 59542.38 4150
HAVELLS 59542.38 1500
HCLTECH 59542.38 1600
HDFCAMC 59542.38 4100
HDFCBANK 59542.38 1800
HDFCLIFE 59542.38 680
HEROMOTOCO 59542.38 3750
HFCL 59542.38 82.5
HINDALCO 59542.38 690
HINDCOPPER 59542.38 230
HINDPETRO 59542.38 360
HINDUNILVR 59542.38 2300
HUDCO 59542.38 200
ICICIBANK 59542.38 1340
ICICIGI 59542.38 1800
ICICIPRULI 59542.38 580
IDEA 59542.38 8
IDFCFIRSTB 59542.38 58
IEX 59542.38 180
IGL 59542.38 200
IIFL 59542.38 330
INDHOTEL 59542.38 800
INDIANB 59542.38 550
INDIGO 59542.38 5000
INDUSINDBK 59542.38 670
INDUSTOWER 59542.38 350
INFY 59542.38 1600
IOC 59542.38 132.5
IRB 59542.38 46
IRCTC 59542.38 740
IREDA 59542.38 152.5
IRFC 59542.38 125
ITC 59542.38 410
JINDALSTEL 59542.38 920
JIOFIN 59542.38 230
JSL 59542.38 600
JSWENERGY 59542.38 550
JSWSTEEL 59542.38 1050
JUBLFOOD 59542.38 660
KALYANKJIL 59542.38 480
KEI 59542.38 2900
KOTAKBANK 59542.38 2120
KPITTECH 59542.38 1300
LAURUSLABS 59542.38 610
LICHSGFIN 59542.38 570
LICI 59542.38 800
LODHA 59542.38 1200
LT 59542.38 3500
LTF 59542.38 150
LTIM 59542.38 4600
LUPIN 59542.38 2040
M&M 59542.38 2700
M&MFIN 59542.38 290
MANAPPURAM 59542.38 230
MARICO 59542.38 640
MARUTI 59542.38 11700
MAXHEALTH 59542.38 1120
MCX 59542.38 5400
MFSL 59542.38 1140
MGL 59542.38 1380
MOTHERSON 59542.38 135
MPHASIS 59542.38 2500
MRF 59542.38 115000
MUTHOOTFIN 59542.38 2200
NATIONALUM 59542.38 185
NAUKRI 59542.38 7100
NBCC 59542.38 82.5
NCC 59542.38 210
NESTLEIND 59542.38 2260
NHPC 59542.38 84
NMDC 59542.38 69
NTPC 59542.38 360
NYKAA 59542.38 175
OBEROIRLTY 59542.38 1640
OFSS 59542.38 8000
OIL 59542.38 390
ONGC 59542.38 250
PAGEIND 59542.38 43000
PATANJALI 59542.38 1800
PAYTM 59542.38 780
PEL 59542.38 1000
PERSISTENT 59542.38 5500
PETRONET 59542.38 300
PFC 59542.38 420
PHOENIXLTD 59542.38 1600
PIDILITIND 59542.38 2840
PIIND 59542.38 3500
PNB 59542.38 97
POLICYBZR 59542.38 1600
POLYCAB 59542.38 5100
POONAWALLA 59542.38 335
POWERGRID 59542.38 295
PRESTIGE 59542.38 1200
RAMCOCEM 59542.38 900
RBLBANK 59542.38 175
RECLTD 59542.38 440
RELIANCE 59542.38 1300
SAIL 59542.38 120
SBICARD 59542.38 865
SBILIFE 59542.38 1540
SBIN 59542.38 780
SHREECEM 59542.38 30500
SHRIRAMFIN 59542.38 660
SIEMENS 59542.38 5300
SILVER 59542.38 98000
SJVN 59542.38 95
SOLARINDS 59542.38 11000
SONACOMS 59542.38 460
SRF 59542.38 2960
SUNPHARMA 59542.38 1740
SUPREMEIND 59542.38 3500
SYNGENE 59542.38 720
TATACHEM 59542.38 880
TATACOMM 59542.38 1600
TATACONSUM 59542.38 1000
TATAELXSI 59542.38 5300
TATAMOTORS 59542.38 700
TATAPOWER 59542.38 400
TATASTEEL 59542.38 156
TATATECH 59542.38 680
TCS 59542.38 3660
TECHM 59542.38 1440
TIINDIA 59542.38 2800
TITAGARH 59542.38 800
TITAN 59542.38 3100
TORNTPHARM 59542.38 3250
TORNTPOWER 59542.38 1500
TRENT 59542.38 5400
TVSMOTOR 59542.38 2440
ULTRACEMCO 59542.38 11400
UNIONBANK 59542.38 125
UNITDSPR 59542.38 1400
UPL 59542.38 640
VBL 59542.38 520
VEDL 59542.38 470
VOLTAS 59542.38 1440
WIPRO 59542.38 267.5
YESBANK 59542.38 17
ZOMATO 59542.38 210
ZYDUSLIFE 59542.38 900

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.