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BHARATFORG
Bharat Forge Ltd

1299.5 -23.85 (-1.80%)

Max pain for BHARATFORG

21 Nov 2024 02:22 PM IST

Max Pain for BHARATFORG is 1340  



Strike  1120  has a total call value of 0  versus a total put value of  54,590,000,000 Combined total value = 54,590,000,000

Strike  1140  has a total call value of 0  versus a total put value of  48,887,000,000 Combined total value = 48,887,000,000

Strike  1160  has a total call value of 0  versus a total put value of  43,184,000,000 Combined total value = 43,184,000,000

Strike  1180  has a total call value of 0  versus a total put value of  37,773,000,000 Combined total value = 37,773,000,000

Strike  1200  has a total call value of 0  versus a total put value of  32,438,000,000 Combined total value = 32,438,000,000

Strike  1220  has a total call value of 8,000,000  versus a total put value of  27,695,000,000 Combined total value = 27,703,000,000

Strike  1240  has a total call value of 45,000,000  versus a total put value of  23,338,000,000 Combined total value = 23,383,000,000

Strike  1260  has a total call value of 99,000,000  versus a total put value of  19,236,000,000 Combined total value = 19,335,000,000

Strike  1280  has a total call value of 194,000,000  versus a total put value of  15,332,000,000 Combined total value = 15,526,000,000

Strike  1300  has a total call value of 370,000,000  versus a total put value of  11,726,000,000 Combined total value = 12,096,000,000

Strike  1320  has a total call value of 1,348,000,000  versus a total put value of  9,424,000,000 Combined total value = 10,772,000,000

Strike  1340  has a total call value of 3,021,000,000  versus a total put value of  7,538,000,000 Combined total value = 10,559,000,000

Strike  1360  has a total call value of 5,648,000,000  versus a total put value of  6,070,000,000 Combined total value = 11,718,000,000

Strike  1380  has a total call value of 9,134,000,000  versus a total put value of  4,775,000,000 Combined total value = 13,909,000,000

Strike  1400  has a total call value of 13,097,000,000  versus a total put value of  3,673,000,000 Combined total value = 16,770,000,000

Strike  1420  has a total call value of 18,034,000,000  versus a total put value of  2,901,000,000 Combined total value = 20,935,000,000

Strike  1440  has a total call value of 23,597,000,000  versus a total put value of  2,129,000,000 Combined total value = 25,726,000,000

Strike  1460  has a total call value of 29,664,000,000  versus a total put value of  1,357,000,000 Combined total value = 31,021,000,000

Strike  1480  has a total call value of 36,223,000,000  versus a total put value of  774,000,000 Combined total value = 36,997,000,000

Strike  1500  has a total call value of 43,062,000,000  versus a total put value of  323,000,000 Combined total value = 43,385,000,000

Strike  1520  has a total call value of 51,104,000,000  versus a total put value of  256,000,000 Combined total value = 51,360,000,000

Strike  1540  has a total call value of 59,299,000,000  versus a total put value of  189,000,000 Combined total value = 59,488,000,000

Strike  1560  has a total call value of 67,653,000,000  versus a total put value of  122,000,000 Combined total value = 67,775,000,000

Strike  1580  has a total call value of 76,007,000,000  versus a total put value of  61,000,000 Combined total value = 76,068,000,000

Strike  1600  has a total call value of 84,361,000,000  versus a total put value of  0 Combined total value = 84,361,000,000

Strike  1620  has a total call value of 93,231,000,000  versus a total put value of  0 Combined total value = 93,231,000,000

Strike  1640  has a total call value of 102,164,000,000  versus a total put value of  0 Combined total value = 102,164,000,000

Strike  1660  has a total call value of 111,144,000,000  versus a total put value of  0 Combined total value = 111,144,000,000

Strike  1680  has a total call value of 120,124,000,000  versus a total put value of  0 Combined total value = 120,124,000,000

Strike  1700  has a total call value of 129,104,000,000  versus a total put value of  0 Combined total value = 129,104,000,000

Strike  1720  has a total call value of 138,216,000,000  versus a total put value of  0 Combined total value = 138,216,000,000

Strike  1740  has a total call value of 147,328,000,000  versus a total put value of  0 Combined total value = 147,328,000,000

Strike  1760  has a total call value of 156,440,000,000  versus a total put value of  0 Combined total value = 156,440,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 426.15 470
ABB 6765.35 7000
ABBOTINDIA 27041.25 28000
ABCAPITAL 184.15 200
ABFRL 285.05 300
ACC 2048.75 2220
ADANIENT 2307.45 2620
ADANIPORTS 1143.6 1200
ALKEM 5593.4 5500
AMBUJACEM 497.9 540
APOLLOHOSP 6725.25 6900
APOLLOTYRE 484.15 480
ASHOKLEY 217.88 220
ASIANPAINT 2429.75 2540
ASTRAL 1713.75 1780
ATUL 7269.85 7500
AUBANK 594.25 590
AUROPHARMA 1219.65 1300
AXISBANK 1141.45 1150
BAJAJ-AUTO 9487.1 9700
BAJAJFINSV 1572.8 1620
BAJFINANCE 6479.7 6700
BALKRISIND 2741.1 2800
BANDHANBNK 166.8 177.5
BANKBARODA 229.8 240
BATAINDIA 1281 1310
BEL 274.9 285
BERGEPAINT 467.15 495
BHARATFORG 1299.5 1340
BHARTIARTL 1521.35 1540
BHEL 228.07 235
BIOCON 325 330
BOSCHLTD 34070.3 34000
BPCL 282.45 300
BRITANNIA 4772 5000
BSOFT 545.4 560
CANBK 94.96 100
CANFINHOME 823.4 830
CHAMBLFERT 460.1 480
CHOLAFIN 1210.4 1240
CIPLA 1459.5 1520
COALINDIA 405.4 425
COFORGE 8207.55 8000
COLPAL 2687.7 2800
CONCOR 769.4 810
COROMANDEL 1779.9 1720
CROMPTON 381.75 390
CUB 170.69 175
CUMMINSIND 3295.25 3400
DABUR 504 525
DALBHARAT 1779.2 1760
DEEPAKNTR 2629 2650
DIVISLAB 5954.9 5900
DIXON 15046.85 14750
DLF 778.5 780
DRREDDY 1193 1220
EICHERMOT 4897 4900
ESCORTS 3461.5 3600
EXIDEIND 416.45 440
FEDERALBNK 211.2 205
GAIL 188.87 197.5
GLENMARK 1465.65 1520
GMRINFRA 77.21 82
GNFC 557.4 570
GODREJCP 1181.65 1200
GODREJPROP 2713.8 2750
GRANULES 546.95 580
GRASIM 2551.3 2540
GUJGASLTD 454.4 480
HAL 3998.4 4200
HAVELLS 1634.3 1640
HCLTECH 1831.65 1820
HDFCAMC 4213.95 4300
HDFCBANK 1742.1 1740
HDFCLIFE 674.75 680
HEROMOTOCO 4757.45 4800
HINDALCO 646.7 650
HINDCOPPER 263.7 290
HINDPETRO 360.5 375
HINDUNILVR 2380 2480
ICICIBANK 1253.55 1260
ICICIGI 1816.55 1880
ICICIPRULI 680.5 690
IDEA 6.97 8
IDFCFIRSTB 63.26 66
IEX 161.53 170
IGL 312.15 330
INDHOTEL 791.25 760
INDIAMART 2250 2400
INDIGO 4062.65 4000
INDUSINDBK 975.8 1040
INDUSTOWER 330.5 340
INFY 1828.15 1800
IOC 131.12 140
IPCALAB 1570.2 1560
IRCTC 797.1 820
ITC 456 475
JINDALSTEL 873.95 900
JKCEMENT 4012.6 4000
JSWSTEEL 943.35 960
JUBLFOOD 610.8 620
KOTAKBANK 1735.75 1760
LALPATHLAB 3024.85 3100
LAURUSLABS 489 490
LICHSGFIN 612.25 630
LT 3490 3600
LTF 138.15 140
LTIM 5913.6 5900
LTTS 5179.75 5150
LUPIN 2040.35 2100
M&M 2941.8 2900
M&MFIN 257.35 265
MANAPPURAM 150.83 155
MARICO 590.95 600
MARUTI 10906 11000
MCX 6184.55 6200
METROPOLIS 2014.5 2060
MFSL 1176.1 1200
MGL 1119.7 1160
MOTHERSON 161.86 175
MPHASIS 2779.1 2850
MRF 123205.85 122500
MUTHOOTFIN 1908 1880
NATIONALUM 248.44 240
NAUKRI 7544.65 7700
NAVINFLUOR 3273 3400
NESTLEIND 2203 2280
NMDC 218.7 225
NTPC 355.5 370
OBEROIRLTY 1935.25 1960
OFSS 11148.8 11500
ONGC 242.15 250
PAGEIND 44543.4 45500
PEL 1053.85 1060
PERSISTENT 5730.2 5600
PETRONET 321 328
PFC 453.3 460
PIDILITIND 2946.3 3060
PIIND 4139.9 4200
PNB 96.99 102
POLYCAB 6425.5 6500
POWERGRID 322.2 320
PVRINOX 1445.25 1500
RAMCOCEM 916.6 900
RBLBANK 157.95 160
RECLTD 490.8 510
RELIANCE 1220.05 1290
SAIL 111.36 117.5
SBICARD 674.5 690
SBILIFE 1482.45 1520
SBIN 781.9 800
SHREECEM 24220.05 24500
SHRIRAMFIN 2804.7 2900
SIEMENS 6684.85 6800
SRF 2157.7 2260
SUNPHARMA 1766.5 1800
SUNTV 729.8 730
SYNGENE 845.65 870
TATACHEM 1058.35 1100
TATACOMM 1713.25 1780
TATACONSUM 912.15 950
TATAMOTORS 777.2 800
TATAPOWER 410.55 420
TATASTEEL 140.46 145
TCS 4057.6 4100
TECHM 1698.7 1680
TITAN 3172 3200
TORNTPHARM 3096 3150
TRENT 6430.9 6600
TVSMOTOR 2398.05 2450
UBL 1819.7 1880
ULTRACEMCO 10953.8 11000
UNITDSPR 1491.5 1480
UPL 564.1 540
VEDL 442.9 460
VOLTAS 1672.95 1700
WIPRO 556.55 560
ZYDUSLIFE 942.5 960

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.