BOSCHLTD
Bosch Limited
Max pain for BOSCHLTD
14 Nov 2024 09:22 AM IST
Max Pain for BOSCHLTD is 34000
Strike 30000 has a total call value of 0 versus a total put value of 12,577,500,000 Combined total value = 12,577,500,000
Strike 30500 has a total call value of 0 versus a total put value of 10,245,000,000 Combined total value = 10,245,000,000
Strike 31000 has a total call value of 0 versus a total put value of 7,912,500,000 Combined total value = 7,912,500,000
Strike 31500 has a total call value of 0 versus a total put value of 5,903,750,000 Combined total value = 5,903,750,000
Strike 32000 has a total call value of 0 versus a total put value of 3,895,000,000 Combined total value = 3,895,000,000
Strike 32500 has a total call value of 0 versus a total put value of 2,376,250,000 Combined total value = 2,376,250,000
Strike 33000 has a total call value of 0 versus a total put value of 1,181,250,000 Combined total value = 1,181,250,000
Strike 33500 has a total call value of 208,750,000 versus a total put value of 470,000,000 Combined total value = 678,750,000
Strike 34000 has a total call value of 632,500,000 versus a total put value of 0 Combined total value = 632,500,000
Strike 34500 has a total call value of 1,920,000,000 versus a total put value of 0 Combined total value = 1,920,000,000
Strike 35000 has a total call value of 3,751,250,000 versus a total put value of 0 Combined total value = 3,751,250,000
Strike 35500 has a total call value of 7,072,500,000 versus a total put value of 0 Combined total value = 7,072,500,000
Strike 36000 has a total call value of 10,775,000,000 versus a total put value of 0 Combined total value = 10,775,000,000
Strike 36500 has a total call value of 15,448,750,000 versus a total put value of 0 Combined total value = 15,448,750,000
Strike 37000 has a total call value of 20,485,000,000 versus a total put value of 0 Combined total value = 20,485,000,000
Strike 37500 has a total call value of 26,577,500,000 versus a total put value of 0 Combined total value = 26,577,500,000
Strike 38000 has a total call value of 32,843,750,000 versus a total put value of 0 Combined total value = 32,843,750,000
Strike 38500 has a total call value of 39,735,000,000 versus a total put value of 0 Combined total value = 39,735,000,000
Strike 39000 has a total call value of 46,626,250,000 versus a total put value of 0 Combined total value = 46,626,250,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 430.15 | 440 |
| ABB | 6697.7 | 7000 |
| ABBOTINDIA | 27775.95 | 28000 |
| ABCAPITAL | 189.09 | 200 |
| ABFRL | 292.6 | 270 |
| ACC | 2192.6 | 2280 |
| ADANIENT | 2831 | 2920 |
| ADANIPORTS | 1285.1 | 1340 |
| ALKEM | 5587 | 5500 |
| AMBUJACEM | 544.65 | 560 |
| APOLLOHOSP | 6833.75 | 7000 |
| APOLLOTYRE | 466.7 | 470 |
| ASHOKLEY | 215.45 | 220 |
| ASIANPAINT | 2484.05 | 2520 |
| ASTRAL | 1726 | 1760 |
| ATUL | 7265.65 | 7400 |
| AUBANK | 568.45 | 590 |
| AUROPHARMA | 1260.35 | 1300 |
| AXISBANK | 1147.7 | 1160 |
| BAJAJ-AUTO | 9475.45 | 9700 |
| BAJAJFINSV | 1658.35 | 1700 |
| BAJFINANCE | 6580.7 | 6800 |
| BALKRISIND | 2739.9 | 2750 |
| BANDHANBNK | 165.84 | 175 |
| BANKBARODA | 245.55 | 250 |
| BATAINDIA | 1327.1 | 1320 |
| BEL | 278.4 | 290 |
| BERGEPAINT | 488.65 | 490 |
| BHARATFORG | 1323.95 | 1380 |
| BHARTIARTL | 1547.3 | 1580 |
| BHEL | 222.9 | 235 |
| BIOCON | 334.2 | 335 |
| BOSCHLTD | 33474 | 34000 |
| BPCL | 303.25 | 310 |
| BRITANNIA | 4990 | 5100 |
| BSOFT | 551.5 | 560 |
| CANBK | 99.7 | 102 |
| CANFINHOME | 817.55 | 840 |
| CHAMBLFERT | 461.65 | 480 |
| CHOLAFIN | 1185.1 | 1260 |
| CIPLA | 1492.7 | 1540 |
| COALINDIA | 407.7 | 424.25 |
| COFORGE | 8131.1 | 8000 |
| COLPAL | 2760.15 | 2850 |
| CONCOR | 782.3 | 810 |
| COROMANDEL | 1669.6 | 1700 |
| CROMPTON | 381.7 | 400 |
| CUB | 171.95 | 175 |
| CUMMINSIND | 3300 | 3400 |
| DABUR | 510.05 | 530 |
| DALBHARAT | 1691 | 1800 |
| DEEPAKNTR | 2473.05 | 2600 |
| DIVISLAB | 5752 | 5900 |
| DIXON | 14821.4 | 14500 |
| DLF | 757 | 780 |
| DRREDDY | 1240.5 | 1270 |
| EICHERMOT | 4908.7 | 4800 |
| ESCORTS | 3486.7 | 3600 |
| EXIDEIND | 417.55 | 440 |
| FEDERALBNK | 199.42 | 202.5 |
| GAIL | 189.24 | 195 |
| GLENMARK | 1535.8 | 1600 |
| GMRINFRA | 76.4 | 80 |
| GNFC | 546.05 | 560 |
| GODREJCP | 1184.85 | 1200 |
| GODREJPROP | 2572.35 | 2700 |
| GRANULES | 532 | 490 |
| GRASIM | 2504.1 | 2500 |
| GUJGASLTD | 492 | 510 |
| HAL | 4005.65 | 4300 |
| HAVELLS | 1609.65 | 1640 |
| HCLTECH | 1895.65 | 1820 |
| HDFCAMC | 4307.6 | 4350 |
| HDFCBANK | 1691.25 | 1720 |
| HDFCLIFE | 687.3 | 700 |
| HEROMOTOCO | 4520.3 | 4700 |
| HINDALCO | 632.05 | 650 |
| HINDCOPPER | 261.6 | 290 |
| HINDPETRO | 367 | 380 |
| HINDUNILVR | 2436.6 | 2500 |
| ICICIBANK | 1256 | 1260 |
| ICICIGI | 1867.7 | 1900 |
| ICICIPRULI | 691.35 | 710 |
| IDEA | 7.46 | 8 |
| IDFCFIRSTB | 63.96 | 65 |
| IEX | 162.39 | 170 |
| IGL | 414.2 | 420 |
| INDHOTEL | 719.4 | 710 |
| INDIAMART | 2312.55 | 2300 |
| INDIGO | 3870 | 3950 |
| INDUSINDBK | 1038.4 | 1060 |
| INDUSTOWER | 317.7 | 340 |
| INFY | 1874.95 | 1820 |
| IOC | 135.05 | 140 |
| IPCALAB | 1505.8 | 1520 |
| IRCTC | 795.75 | 820 |
| ITC | 471.4 | 480 |
| JINDALSTEL | 873.4 | 900 |
| JKCEMENT | 3958.9 | 4100 |
| JSWSTEEL | 934.7 | 960 |
| JUBLFOOD | 617.85 | 620 |
| KOTAKBANK | 1690.8 | 1760 |
| LALPATHLAB | 2943.35 | 3100 |
| LAURUSLABS | 479.65 | 490 |
| LICHSGFIN | 612.4 | 630 |
| LT | 3527.85 | 3600 |
| LTF | 136.26 | 140 |
| LTIM | 5946 | 6000 |
| LTTS | 5168.25 | 5200 |
| LUPIN | 2023.25 | 2100 |
| M&M | 2761.55 | 2850 |
| M&MFIN | 259 | 270 |
| MANAPPURAM | 159.78 | 157.5 |
| MARICO | 595.6 | 610 |
| MARUTI | 10963.5 | 11100 |
| MCX | 6057.4 | 6200 |
| METROPOLIS | 2038.6 | 2100 |
| MFSL | 1209.25 | 1200 |
| MGL | 1326.45 | 1400 |
| MOTHERSON | 162.67 | 170 |
| MPHASIS | 2872.45 | 2900 |
| MRF | 120771.1 | 120000 |
| MUTHOOTFIN | 1762.3 | 1800 |
| NATIONALUM | 225.04 | 225 |
| NAUKRI | 7579.75 | 7700 |
| NAVINFLUOR | 3281 | 3350 |
| NESTLEIND | 2231.85 | 2300 |
| NMDC | 225.75 | 225 |
| NTPC | 383.25 | 390 |
| OBEROIRLTY | 1948.6 | 1960 |
| OFSS | 11919.9 | 11500 |
| ONGC | 251.8 | 260 |
| PAGEIND | 45835.65 | 46000 |
| PEL | 1020.95 | 1020 |
| PERSISTENT | 5767.95 | 5600 |
| PETRONET | 316.5 | 328 |
| PFC | 464.2 | 460 |
| PIDILITIND | 2980 | 3100 |
| PIIND | 4098.6 | 4400 |
| PNB | 101.4 | 105 |
| POLYCAB | 6353.85 | 6500 |
| POWERGRID | 313.2 | 320 |
| PVRINOX | 1458.45 | 1480 |
| RAMCOCEM | 892.85 | 880 |
| RBLBANK | 153.7 | 160 |
| RECLTD | 508.95 | 520 |
| RELIANCE | 1259.5 | 1300 |
| SAIL | 112.68 | 115 |
| SBICARD | 686 | 680 |
| SBILIFE | 1554.95 | 1580 |
| SBIN | 812.2 | 830 |
| SHREECEM | 23827.3 | 24250 |
| SHRIRAMFIN | 2817.55 | 3000 |
| SIEMENS | 6631 | 6900 |
| SRF | 2197.85 | 2280 |
| SUNPHARMA | 1778.6 | 1820 |
| SUNTV | 724.95 | 730 |
| SYNGENE | 859 | 880 |
| TATACHEM | 1044.8 | 1100 |
| TATACOMM | 1757.4 | 1780 |
| TATACONSUM | 951.95 | 980 |
| TATAMOTORS | 785.4 | 810 |
| TATAPOWER | 403.7 | 420 |
| TATASTEEL | 139.21 | 147.5 |
| TCS | 4150.8 | 4150 |
| TECHM | 1684.2 | 1660 |
| TITAN | 3180.75 | 3200 |
| TORNTPHARM | 3113.4 | 3100 |
| TRENT | 6458 | 6600 |
| TVSMOTOR | 2378.65 | 2400 |
| UBL | 1867 | 1900 |
| ULTRACEMCO | 10578.75 | 11000 |
| UNITDSPR | 1431.3 | 1460 |
| UPL | 514.9 | 530 |
| VEDL | 433.65 | 460 |
| VOLTAS | 1707.05 | 1700 |
| WIPRO | 572.4 | 560 |
| ZYDUSLIFE | 971.3 | 980 |
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.
