BSE
Bse Limited
Max pain for BSE
28 Mar 2025 04:14 PM IST
Max Pain for BSE is 5100
Strike 3000 has a total call value of 0 versus a total put value of 693,943,750,000 Combined total value = 693,943,750,000
Strike 3100 has a total call value of 0 versus a total put value of 652,791,250,000 Combined total value = 652,791,250,000
Strike 3200 has a total call value of 0 versus a total put value of 611,638,750,000 Combined total value = 611,638,750,000
Strike 3300 has a total call value of 0 versus a total put value of 570,497,500,000 Combined total value = 570,497,500,000
Strike 3400 has a total call value of 0 versus a total put value of 529,406,250,000 Combined total value = 529,406,250,000
Strike 3500 has a total call value of 0 versus a total put value of 488,377,500,000 Combined total value = 488,377,500,000
Strike 3600 has a total call value of 0 versus a total put value of 447,848,750,000 Combined total value = 447,848,750,000
Strike 3700 has a total call value of 33,750,000 versus a total put value of 407,955,000,000 Combined total value = 407,988,750,000
Strike 3800 has a total call value of 67,500,000 versus a total put value of 368,308,750,000 Combined total value = 368,376,250,000
Strike 3900 has a total call value of 101,250,000 versus a total put value of 329,115,000,000 Combined total value = 329,216,250,000
Strike 4000 has a total call value of 158,750,000 versus a total put value of 290,533,750,000 Combined total value = 290,692,500,000
Strike 4100 has a total call value of 736,250,000 versus a total put value of 255,662,500,000 Combined total value = 256,398,750,000
Strike 4200 has a total call value of 1,313,750,000 versus a total put value of 221,900,000,000 Combined total value = 223,213,750,000
Strike 4300 has a total call value of 3,033,750,000 versus a total put value of 190,283,750,000 Combined total value = 193,317,500,000
Strike 4400 has a total call value of 5,237,500,000 versus a total put value of 160,736,250,000 Combined total value = 165,973,750,000
Strike 4500 has a total call value of 7,861,250,000 versus a total put value of 133,046,250,000 Combined total value = 140,907,500,000
Strike 4600 has a total call value of 11,472,500,000 versus a total put value of 108,388,750,000 Combined total value = 119,861,250,000
Strike 4700 has a total call value of 15,953,750,000 versus a total put value of 85,311,250,000 Combined total value = 101,265,000,000
Strike 4800 has a total call value of 21,292,500,000 versus a total put value of 65,261,250,000 Combined total value = 86,553,750,000
Strike 4900 has a total call value of 27,220,000,000 versus a total put value of 47,102,500,000 Combined total value = 74,322,500,000
Strike 5000 has a total call value of 33,661,250,000 versus a total put value of 30,560,000,000 Combined total value = 64,221,250,000
Strike 5100 has a total call value of 43,420,000,000 versus a total put value of 19,483,750,000 Combined total value = 62,903,750,000
Strike 5200 has a total call value of 54,382,500,000 versus a total put value of 10,981,250,000 Combined total value = 65,363,750,000
Strike 5300 has a total call value of 67,042,500,000 versus a total put value of 5,642,500,000 Combined total value = 72,685,000,000
Strike 5400 has a total call value of 81,027,500,000 versus a total put value of 2,427,500,000 Combined total value = 83,455,000,000
Strike 5500 has a total call value of 97,638,750,000 versus a total put value of 1,138,750,000 Combined total value = 98,777,500,000
Strike 5600 has a total call value of 117,796,250,000 versus a total put value of 472,500,000 Combined total value = 118,268,750,000
Strike 5700 has a total call value of 139,640,000,000 versus a total put value of 312,500,000 Combined total value = 139,952,500,000
Strike 5800 has a total call value of 162,361,250,000 versus a total put value of 198,750,000 Combined total value = 162,560,000,000
Strike 5900 has a total call value of 185,545,000,000 versus a total put value of 101,250,000 Combined total value = 185,646,250,000
Strike 6000 has a total call value of 208,950,000,000 versus a total put value of 35,000,000 Combined total value = 208,985,000,000
Strike 6100 has a total call value of 238,771,250,000 versus a total put value of 0 Combined total value = 238,771,250,000
Strike 6200 has a total call value of 269,376,250,000 versus a total put value of 0 Combined total value = 269,376,250,000
Strike 6300 has a total call value of 299,981,250,000 versus a total put value of 0 Combined total value = 299,981,250,000
Strike 6400 has a total call value of 330,586,250,000 versus a total put value of 0 Combined total value = 330,586,250,000
Strike 6500 has a total call value of 361,191,250,000 versus a total put value of 0 Combined total value = 361,191,250,000
Strike 6600 has a total call value of 391,796,250,000 versus a total put value of 0 Combined total value = 391,796,250,000
Strike 6800 has a total call value of 456,641,250,000 versus a total put value of 0 Combined total value = 456,641,250,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 5479.8 | 400 |
| ABB | 5479.8 | 5600 |
| ABCAPITAL | 5479.8 | 190 |
| ABFRL | 5479.8 | 260 |
| ACC | 5479.8 | 1960 |
| ADANIENSOL | 5479.8 | 840 |
| ADANIENT | 5479.8 | 2500 |
| ADANIGREEN | 5479.8 | 940 |
| ADANIPORTS | 5479.8 | 1200 |
| ALKEM | 5479.8 | 5000 |
| AMBUJACEM | 5479.8 | 550 |
| ANGELONE | 5479.8 | 2200 |
| APLAPOLLO | 5479.8 | 1520 |
| APOLLOHOSP | 5479.8 | 6600 |
| APOLLOTYRE | 5479.8 | 430 |
| ASHOKLEY | 5479.8 | 210 |
| ASIANPAINT | 5479.8 | 2340 |
| ASTRAL | 5479.8 | 1300 |
| ATGL | 5479.8 | 610 |
| AUBANK | 5479.8 | 550 |
| AUROPHARMA | 5479.8 | 1160 |
| AXISBANK | 5479.8 | 1100 |
| BAJAJ-AUTO | 5479.8 | 8000 |
| BAJAJFINSV | 5479.8 | 1980 |
| BAJFINANCE | 5479.8 | 8900 |
| BALKRISIND | 5479.8 | 2580 |
| BANDHANBNK | 5479.8 | 150 |
| BANKBARODA | 5479.8 | 230 |
| BANKINDIA | 5479.8 | 107 |
| BEL | 5479.8 | 300 |
| BERGEPAINT | 5479.8 | 500 |
| BHARATFORG | 5479.8 | 1160 |
| BHARTIARTL | 5479.8 | 1700 |
| BHEL | 5479.8 | 220 |
| BIOCON | 5479.8 | 345 |
| BOSCHLTD | 5479.8 | 28000 |
| BPCL | 5479.8 | 280 |
| BRITANNIA | 5479.8 | 4900 |
| BSE | 5479.8 | 5100 |
| BSOFT | 5479.8 | 400 |
| CAMS | 5479.8 | 3700 |
| CANBK | 5479.8 | 90 |
| CDSL | 5479.8 | 1200 |
| CESC | 5479.8 | 155 |
| CGPOWER | 5479.8 | 650 |
| CHAMBLFERT | 5479.8 | 610 |
| CHOLAFIN | 5479.8 | 1520 |
| CIPLA | 5479.8 | 1480 |
| COALINDIA | 5479.8 | 410 |
| COFORGE | 5479.8 | 8000 |
| COLPAL | 5479.8 | 2400 |
| CONCOR | 5479.8 | 710 |
| CROMPTON | 5479.8 | 360 |
| CUMMINSIND | 5479.8 | 3050 |
| CYIENT | 5479.8 | 1300 |
| DABUR | 5479.8 | 510 |
| DALBHARAT | 5479.8 | 1800 |
| DEEPAKNTR | 5479.8 | 2000 |
| DELHIVERY | 5479.8 | 260 |
| DIVISLAB | 5479.8 | 5800 |
| DIXON | 5479.8 | 13500 |
| DLF | 5479.8 | 700 |
| DMART | 5479.8 | 4050 |
| DRREDDY | 5479.8 | 1150 |
| EICHERMOT | 5479.8 | 5400 |
| ESCORTS | 5479.8 | 3300 |
| EXIDEIND | 5479.8 | 370 |
| FEDERALBNK | 5479.8 | 195 |
| GAIL | 5479.8 | 182.5 |
| GLENMARK | 5479.8 | 1500 |
| GMRAIRPORT | 5479.8 | 77 |
| GODREJCP | 5479.8 | 1140 |
| GODREJPROP | 5479.8 | 2150 |
| GOLDM | 5479.8 | 88500 |
| GRANULES | 5479.8 | 500 |
| GRASIM | 5479.8 | 2580 |
| HAL | 5479.8 | 4150 |
| HAVELLS | 5479.8 | 1500 |
| HCLTECH | 5479.8 | 1600 |
| HDFCAMC | 5479.8 | 4100 |
| HDFCBANK | 5479.8 | 1800 |
| HDFCLIFE | 5479.8 | 680 |
| HEROMOTOCO | 5479.8 | 3750 |
| HFCL | 5479.8 | 82.5 |
| HINDALCO | 5479.8 | 690 |
| HINDCOPPER | 5479.8 | 230 |
| HINDPETRO | 5479.8 | 360 |
| HINDUNILVR | 5479.8 | 2300 |
| HUDCO | 5479.8 | 200 |
| ICICIBANK | 5479.8 | 1340 |
| ICICIGI | 5479.8 | 1800 |
| ICICIPRULI | 5479.8 | 580 |
| IDEA | 5479.8 | 8 |
| IDFCFIRSTB | 5479.8 | 58 |
| IEX | 5479.8 | 180 |
| IGL | 5479.8 | 200 |
| IIFL | 5479.8 | 330 |
| INDHOTEL | 5479.8 | 800 |
| INDIANB | 5479.8 | 550 |
| INDIGO | 5479.8 | 5000 |
| INDUSINDBK | 5479.8 | 670 |
| INDUSTOWER | 5479.8 | 350 |
| INFY | 5479.8 | 1600 |
| IOC | 5479.8 | 132.5 |
| IRB | 5479.8 | 46 |
| IRCTC | 5479.8 | 740 |
| IREDA | 5479.8 | 152.5 |
| IRFC | 5479.8 | 125 |
| ITC | 5479.8 | 410 |
| JINDALSTEL | 5479.8 | 920 |
| JIOFIN | 5479.8 | 230 |
| JSL | 5479.8 | 600 |
| JSWENERGY | 5479.8 | 550 |
| JSWSTEEL | 5479.8 | 1050 |
| JUBLFOOD | 5479.8 | 660 |
| KALYANKJIL | 5479.8 | 480 |
| KEI | 5479.8 | 2900 |
| KOTAKBANK | 5479.8 | 2120 |
| KPITTECH | 5479.8 | 1300 |
| LAURUSLABS | 5479.8 | 610 |
| LICHSGFIN | 5479.8 | 570 |
| LICI | 5479.8 | 800 |
| LODHA | 5479.8 | 1200 |
| LT | 5479.8 | 3500 |
| LTF | 5479.8 | 150 |
| LTIM | 5479.8 | 4600 |
| LUPIN | 5479.8 | 2040 |
| M&M | 5479.8 | 2700 |
| M&MFIN | 5479.8 | 290 |
| MANAPPURAM | 5479.8 | 230 |
| MARICO | 5479.8 | 640 |
| MARUTI | 5479.8 | 11700 |
| MAXHEALTH | 5479.8 | 1120 |
| MCX | 5479.8 | 5400 |
| MFSL | 5479.8 | 1140 |
| MGL | 5479.8 | 1380 |
| MOTHERSON | 5479.8 | 135 |
| MPHASIS | 5479.8 | 2500 |
| MRF | 5479.8 | 115000 |
| MUTHOOTFIN | 5479.8 | 2200 |
| NATIONALUM | 5479.8 | 185 |
| NAUKRI | 5479.8 | 7100 |
| NBCC | 5479.8 | 82.5 |
| NCC | 5479.8 | 210 |
| NESTLEIND | 5479.8 | 2260 |
| NHPC | 5479.8 | 84 |
| NMDC | 5479.8 | 69 |
| NTPC | 5479.8 | 360 |
| NYKAA | 5479.8 | 175 |
| OBEROIRLTY | 5479.8 | 1640 |
| OFSS | 5479.8 | 8000 |
| OIL | 5479.8 | 390 |
| ONGC | 5479.8 | 250 |
| PAGEIND | 5479.8 | 43000 |
| PATANJALI | 5479.8 | 1800 |
| PAYTM | 5479.8 | 780 |
| PEL | 5479.8 | 1000 |
| PERSISTENT | 5479.8 | 5500 |
| PETRONET | 5479.8 | 300 |
| PFC | 5479.8 | 420 |
| PHOENIXLTD | 5479.8 | 1600 |
| PIDILITIND | 5479.8 | 2840 |
| PIIND | 5479.8 | 3500 |
| PNB | 5479.8 | 97 |
| POLICYBZR | 5479.8 | 1600 |
| POLYCAB | 5479.8 | 5100 |
| POONAWALLA | 5479.8 | 335 |
| POWERGRID | 5479.8 | 295 |
| PRESTIGE | 5479.8 | 1200 |
| RAMCOCEM | 5479.8 | 900 |
| RBLBANK | 5479.8 | 175 |
| RECLTD | 5479.8 | 440 |
| RELIANCE | 5479.8 | 1300 |
| SAIL | 5479.8 | 120 |
| SBICARD | 5479.8 | 865 |
| SBILIFE | 5479.8 | 1540 |
| SBIN | 5479.8 | 780 |
| SHREECEM | 5479.8 | 30500 |
| SHRIRAMFIN | 5479.8 | 660 |
| SIEMENS | 5479.8 | 5300 |
| SILVER | 5479.8 | 98000 |
| SJVN | 5479.8 | 95 |
| SOLARINDS | 5479.8 | 11000 |
| SONACOMS | 5479.8 | 460 |
| SRF | 5479.8 | 2960 |
| SUNPHARMA | 5479.8 | 1740 |
| SUPREMEIND | 5479.8 | 3500 |
| SYNGENE | 5479.8 | 720 |
| TATACHEM | 5479.8 | 880 |
| TATACOMM | 5479.8 | 1600 |
| TATACONSUM | 5479.8 | 1000 |
| TATAELXSI | 5479.8 | 5300 |
| TATAMOTORS | 5479.8 | 700 |
| TATAPOWER | 5479.8 | 400 |
| TATASTEEL | 5479.8 | 156 |
| TATATECH | 5479.8 | 680 |
| TCS | 5479.8 | 3660 |
| TECHM | 5479.8 | 1440 |
| TIINDIA | 5479.8 | 2800 |
| TITAGARH | 5479.8 | 800 |
| TITAN | 5479.8 | 3100 |
| TORNTPHARM | 5479.8 | 3250 |
| TORNTPOWER | 5479.8 | 1500 |
| TRENT | 5479.8 | 5400 |
| TVSMOTOR | 5479.8 | 2440 |
| ULTRACEMCO | 5479.8 | 11400 |
| UNIONBANK | 5479.8 | 125 |
| UNITDSPR | 5479.8 | 1400 |
| UPL | 5479.8 | 640 |
| VBL | 5479.8 | 520 |
| VEDL | 5479.8 | 470 |
| VOLTAS | 5479.8 | 1440 |
| WIPRO | 5479.8 | 267.5 |
| YESBANK | 5479.8 | 17 |
| ZOMATO | 5479.8 | 210 |
| ZYDUSLIFE | 5479.8 | 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.
