`
[--[65.84.65.76]--]
BEL
Bharat Electronics Ltd

282.15 6.01 (2.18%)

Max pain for BEL

17 Jan 2025 04:12 PM IST

Max Pain for BEL is 285  



Strike  220  has a total call value of 0  versus a total put value of  191,014,125,000 Combined total value = 191,014,125,000

Strike  225  has a total call value of 0  versus a total put value of  173,656,200,000 Combined total value = 173,656,200,000

Strike  230  has a total call value of 0  versus a total put value of  156,298,275,000 Combined total value = 156,298,275,000

Strike  235  has a total call value of 0  versus a total put value of  139,366,425,000 Combined total value = 139,366,425,000

Strike  240  has a total call value of 0  versus a total put value of  122,601,300,000 Combined total value = 122,601,300,000

Strike  245  has a total call value of 0  versus a total put value of  106,986,150,000 Combined total value = 106,986,150,000

Strike  250  has a total call value of 0  versus a total put value of  91,829,850,000 Combined total value = 91,829,850,000

Strike  255  has a total call value of 119,700,000  versus a total put value of  77,671,050,000 Combined total value = 77,790,750,000

Strike  260  has a total call value of 371,925,000  versus a total put value of  64,112,175,000 Combined total value = 64,484,100,000

Strike  265  has a total call value of 894,900,000  versus a total put value of  52,284,675,000 Combined total value = 53,179,575,000

Strike  270  has a total call value of 1,916,625,000  versus a total put value of  41,514,525,000 Combined total value = 43,431,150,000

Strike  275  has a total call value of 4,047,000,000  versus a total put value of  32,517,075,000 Combined total value = 36,564,075,000

Strike  280  has a total call value of 6,869,925,000  versus a total put value of  25,014,450,000 Combined total value = 31,884,375,000

Strike  285  has a total call value of 11,786,175,000  versus a total put value of  19,136,325,000 Combined total value = 30,922,500,000

Strike  290  has a total call value of 18,201,525,000  versus a total put value of  14,114,625,000 Combined total value = 32,316,150,000

Strike  295  has a total call value of 26,898,300,000  versus a total put value of  10,163,100,000 Combined total value = 37,061,400,000

Strike  300  has a total call value of 37,752,525,000  versus a total put value of  6,925,500,000 Combined total value = 44,678,025,000

Strike  305  has a total call value of 53,788,050,000  versus a total put value of  4,860,675,000 Combined total value = 58,648,725,000

Strike  310  has a total call value of 71,298,450,000  versus a total put value of  3,156,375,000 Combined total value = 74,454,825,000

Strike  315  has a total call value of 91,108,800,000  versus a total put value of  1,862,475,000 Combined total value = 92,971,275,000

Strike  320  has a total call value of 112,198,800,000  versus a total put value of  713,925,000 Combined total value = 112,912,725,000

Strike  325  has a total call value of 135,858,075,000  versus a total put value of  230,850,000 Combined total value = 136,088,925,000

Strike  330  has a total call value of 160,343,850,000  versus a total put value of  0 Combined total value = 160,343,850,000

Strike  335  has a total call value of 185,829,975,000  versus a total put value of  0 Combined total value = 185,829,975,000

Strike  340  has a total call value of 211,665,225,000  versus a total put value of  0 Combined total value = 211,665,225,000

Strike  345  has a total call value of 238,241,475,000  versus a total put value of  0 Combined total value = 238,241,475,000

Strike  350  has a total call value of 265,149,750,000  versus a total put value of  0 Combined total value = 265,149,750,000

Strike  355  has a total call value of 294,530,400,000  versus a total put value of  0 Combined total value = 294,530,400,000

Strike  360  has a total call value of 323,911,050,000  versus a total put value of  0 Combined total value = 323,911,050,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 442.7 420
ABB 6527.5 6500
ABBOTINDIA 27929.7 28000
ABCAPITAL 177.18 182.5
ABFRL 274.7 275
ACC 2014.9 2080
ADANIENSOL 805.15 800
ADANIENT 2399.8 2500
ADANIGREEN 1078.2 1060
ADANIPORTS 1163.5 1180
ALKEM 5255.85 5400
AMBUJACEM 536.25 545
ANGELONE 2454.5 2400
APLAPOLLO 1570.15 1540
APOLLOHOSP 6828.1 6950
APOLLOTYRE 452.8 470
ASHOKLEY 206.59 215
ASIANPAINT 2261 2300
ASTRAL 1501.45 1580
ATGL 673.15 660
ATUL 6692.2 6700
AUBANK 597.6 580
AUROPHARMA 1178.35 1200
AXISBANK 991.05 1010
BAJAJ-AUTO 8581.4 8800
BAJAJFINSV 1680.65 1640
BAJFINANCE 7182.1 7200
BALKRISIND 2705.85 2800
BANDHANBNK 151.24 160
BANKBARODA 228 235
BANKINDIA 100.23 100
BATAINDIA 1310.8 1340
BEL 282.15 285
BERGEPAINT 468.8 460
BHARATFORG 1207.5 1220
BHARTIARTL 1627.5 1620
BHEL 214.08 220
BIOCON 393.7 380
BOSCHLTD 31399.8 33000
BPCL 273.6 280
BRITANNIA 4854.4 4850
BSE 5998.75 5600
BSOFT 532.5 550
CAMS 4418.1 4500
CANBK 97.88 100
CANFINHOME 691.5 700
CDSL 1597.9 1640
CESC 152.65 150.5
CGPOWER 649.15 650
CHAMBLFERT 500.85 500
CHOLAFIN 1257.4 1260
CIPLA 1442.3 1480
COALINDIA 387.65 390
COFORGE 8641.55 9000
COLPAL 2683.65 2750
CONCOR 772.45 780
COROMANDEL 1874.85 1880
CROMPTON 362.35 370
CUB 172.27 172.5
CUMMINSIND 2935.25 3000
CYIENT 1755.25 1720
DABUR 526.05 520
DALBHARAT 1721.95 1740
DEEPAKNTR 2358.75 2450
DELHIVERY 338.55 335
DIVISLAB 5916.05 5900
DIXON 17224.45 17000
DLF 749 770
DMART 3620.65 3700
DRREDDY 1309.4 1340
EICHERMOT 5012.3 5000
ESCORTS 3600.7 3400
EXIDEIND 389.55 410
FEDERALBNK 191.58 197.5
GAIL 180.95 190
GLENMARK 1468.1 1520
GMRAIRPORT 76.07 78
GMRINFRA 0 32
GNFC 563.15 560
GODREJCP 1187.75 1150
GODREJPROP 2407.6 2500
GRANULES 579.2 590
GRASIM 2375.85 2440
GUJGASLTD 500 500
HAL 4116.6 4150
HAVELLS 1574.2 1580
HCLTECH 1788.9 1820
HDFCAMC 4030.85 4000
HDFCBANK 1636.75 1700
HDFCLIFE 642.2 640
HEROMOTOCO 4098 4200
HFCL 103.75 105
HINDALCO 617 600
HINDCOPPER 247.69 255
HINDPETRO 358.9 380
HINDUNILVR 2354 2400
HUDCO 234.8 225
ICICIBANK 1225.45 1260
ICICIGI 1948.75 1920
ICICIPRULI 645.75 650
IDEA 9.11 8
IDFCFIRSTB 62.56 63
IEX 172.7 175
IGL 405 410
INDHOTEL 813.35 810
INDIAMART 2282.6 2260
INDIANB 524.45 520
INDIGO 4090.2 4200
INDUSINDBK 970.95 980
INDUSTOWER 362.7 350
INFY 1815.45 1840
IOC 128.07 135
IPCALAB 1543.25 1600
IRB 54.89 55
IRCTC 779.2 790
IRFC 146.19 137.5
ITC 440.2 445
JINDALSTEL 924.65 940
JIOFIN 279 280
JKCEMENT 4541.2 4500
JSL 634.35 640
JSWENERGY 568 580
JSWSTEEL 908.6 920
JUBLFOOD 692.7 710
KALYANKJIL 501.5 600
KEI 4104.7 4000
KOTAKBANK 1758.6 1800
KPITTECH 1314.65 1380
LALPATHLAB 2810.05 2900
LAURUSLABS 567.8 580
LICHSGFIN 562.7 590
LICI 854.9 860
LODHA 1176.95 1200
LT 3568.65 3600
LTF 143.03 140
LTIM 5890.3 5850
LTTS 5373.95 5200
LUPIN 2113.15 2200
M&M 2917.35 3000
M&MFIN 268.55 275
MANAPPURAM 193.75 185
MARICO 664.4 650
MARUTI 12136.35 11700
MAXHEALTH 1026.65 1100
MCX 6034.9 6000
METROPOLIS 1890.7 2000
MFSL 1088.3 1100
MGL 1321.6 1300
MOTHERSON 151.13 155
MPHASIS 2817.2 2850
MRF 113948.65 115000
MUTHOOTFIN 2149.6 2180
NATIONALUM 205.54 210
NAUKRI 7748.15 7800
NAVINFLUOR 3755.1 3700
NCC 253.05 255
NESTLEIND 2217.2 2200
NHPC 80.4 78
NMDC 66.63 68.35
NTPC 326.15 325
NYKAA 172.88 170
OBEROIRLTY 1988.9 2060
OFSS 10027.15 10500
OIL 474.8 470
ONGC 266.57 260
PAGEIND 46097.55 47000
PAYTM 900.15 900
PEL 1031.8 1060
PERSISTENT 5961.2 6100
PETRONET 324.8 335
PFC 433.45 440
PIDILITIND 2813.35 2880
PIIND 3550.9 3600
PNB 100.13 101
POLICYBZR 1724.4 1800
POLYCAB 6779.7 6800
POONAWALLA 314.05 315
POWERGRID 302.6 310
PRESTIGE 1472.2 1500
PVRINOX 1102.2 1160
RAMCOCEM 883.95 900
RBLBANK 155.12 160
RECLTD 482.35 500
RELIANCE 1302.35 1260
SAIL 108.82 112.5
SBICARD 740.85 735
SBILIFE 1540.5 1500
SBIN 764.1 790
SHREECEM 25315.45 25500
SHRIRAMFIN 526.5 560
SIEMENS 6183.25 6300
SJVN 100.76 100
SONACOMS 574.75 580
SRF 2606.45 2580
SUNPHARMA 1786.55 1800
SUNTV 649.35 670
SUPREMEIND 4204.25 4400
SYNGENE 819.55 840
TATACHEM 975.35 1020
TATACOMM 1698.15 1720
TATACONSUM 954.45 940
TATAELXSI 6212.1 6200
TATAMOTORS 779.75 780
TATAPOWER 373.6 385
TATASTEEL 130.28 134
TCS 4124.3 4200
TECHM 1660.3 1680
TIINDIA 3408.8 3400
TITAN 3357.4 3400
TORNTPHARM 3174.85 3300
TRENT 6216.55 6500
TVSMOTOR 2301.25 2300
UBL 1951.3 1980
ULTRACEMCO 10580 11000
UNIONBANK 108.7 110
UNITDSPR 1427.55 1480
UPL 551.7 540
VBL 556.35 580
VEDL 454.05 460
VOLTAS 1596.95 1660
WIPRO 281.95 290
YESBANK 18.26 19
ZOMATO 248.8 250
ZYDUSLIFE 994.65 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:
  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.