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CIPLA
Cipla Ltd

1497.9 17.90 (1.21%)

Max pain for CIPLA

12 May 2025 10:20 AM IST

Max Pain for CIPLA is 1500  



Strike  1240  has a total call value of 0  versus a total put value of  48,647,950,000 Combined total value = 48,647,950,000

Strike  1260  has a total call value of 0  versus a total put value of  42,814,200,000 Combined total value = 42,814,200,000

Strike  1280  has a total call value of 0  versus a total put value of  37,275,550,000 Combined total value = 37,275,550,000

Strike  1300  has a total call value of 0  versus a total put value of  31,829,200,000 Combined total value = 31,829,200,000

Strike  1320  has a total call value of 0  versus a total put value of  27,292,200,000 Combined total value = 27,292,200,000

Strike  1340  has a total call value of 0  versus a total put value of  23,036,000,000 Combined total value = 23,036,000,000

Strike  1360  has a total call value of 5,850,000  versus a total put value of  19,114,550,000 Combined total value = 19,120,400,000

Strike  1380  has a total call value of 21,450,000  versus a total put value of  15,505,750,000 Combined total value = 15,527,200,000

Strike  1400  has a total call value of 70,200,000  versus a total put value of  12,053,600,000 Combined total value = 12,123,800,000

Strike  1420  has a total call value of 235,300,000  versus a total put value of  9,125,350,000 Combined total value = 9,360,650,000

Strike  1440  has a total call value of 469,950,000  versus a total put value of  6,396,000,000 Combined total value = 6,865,950,000

Strike  1460  has a total call value of 788,450,000  versus a total put value of  4,003,350,000 Combined total value = 4,791,800,000

Strike  1480  has a total call value of 1,346,800,000  versus a total put value of  2,633,800,000 Combined total value = 3,980,600,000

Strike  1500  has a total call value of 2,213,900,000  versus a total put value of  1,642,550,000 Combined total value = 3,856,450,000

Strike  1520  has a total call value of 3,737,500,000  versus a total put value of  996,450,000 Combined total value = 4,733,950,000

Strike  1540  has a total call value of 5,578,300,000  versus a total put value of  521,300,000 Combined total value = 6,099,600,000

Strike  1560  has a total call value of 7,926,750,000  versus a total put value of  174,850,000 Combined total value = 8,101,600,000

Strike  1580  has a total call value of 11,018,150,000  versus a total put value of  41,600,000 Combined total value = 11,059,750,000

Strike  1600  has a total call value of 14,661,400,000  versus a total put value of  20,800,000 Combined total value = 14,682,200,000

Strike  1620  has a total call value of 20,163,650,000  versus a total put value of  0 Combined total value = 20,163,650,000

Strike  1640  has a total call value of 26,545,350,000  versus a total put value of  0 Combined total value = 26,545,350,000

Strike  1660  has a total call value of 33,252,050,000  versus a total put value of  0 Combined total value = 33,252,050,000

Strike  1680  has a total call value of 40,306,500,000  versus a total put value of  0 Combined total value = 40,306,500,000

Strike  1700  has a total call value of 47,646,300,000  versus a total put value of  0 Combined total value = 47,646,300,000

Strike  1720  has a total call value of 55,352,050,000  versus a total put value of  0 Combined total value = 55,352,050,000

Strike  1740  has a total call value of 63,471,200,000  versus a total put value of  0 Combined total value = 63,471,200,000

Strike  1760  has a total call value of 71,590,350,000  versus a total put value of  0 Combined total value = 71,590,350,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 463.1 450
ABB 5671 5600
ABCAPITAL 204.75 200
ABFRL 264.15 265
ACC 1860 1880
ADANIENSOL 881.25 900
ADANIENT 2398.4 2460
ADANIGREEN 937.5 940
ADANIPORTS 1359.2 1300
ALKEM 5046 5000
AMBUJACEM 542.65 545
ANGELONE 2438.7 2350
APLAPOLLO 1728 1660
APOLLOHOSP 6916 6900
APOLLOTYRE 476.5 475
ASHOKLEY 227.68 225
ASIANPAINT 2362.5 2360
ASTRAL 1336.1 1320
ATGL 630.7 620
AUBANK 700.15 680
AUROPHARMA 1175.5 1200
AXISBANK 1196.5 1180
BAJAJ-AUTO 7933 8000
BAJAJFINSV 2033.8 2000
BAJFINANCE 8938 9000
BALKRISIND 2777.4 2740
BANDHANBNK 163.54 165
BANKBARODA 225.52 230
BANKINDIA 110.33 110
BEL 319.1 310
BHARATFORG 1183.5 1140
BHARTIARTL 1873.9 1860
BHEL 227.65 230
BIOCON 328.8 330
BOSCHLTD 31005 30000
BPCL 313.6 310
BRITANNIA 5496 5450
BSE 6955 6600
BSOFT 408.1 400
CAMS 3646 3700
CANBK 100.3 98
CDSL 1267.4 1280
CESC 164.61 160
CGPOWER 639.05 630
CHAMBLFERT 706.05 690
CHOLAFIN 1566.6 1540
CIPLA 1497.9 1500
COALINDIA 392.8 390
COFORGE 8071 7500
COLPAL 2618 2600
CONCOR 677.4 700
CROMPTON 332.95 330
CUMMINSIND 2849 2900
CYIENT 1222.1 1200
DABUR 472.25 480
DALBHARAT 1974.2 1940
DEEPAKNTR 1971 1980
DELHIVERY 306.65 300
DIVISLAB 5959.5 6000
DIXON 16200 16000
DLF 669.75 670
DMART 4015.5 4050
DRREDDY 1191.5 1170
EICHERMOT 5487.5 5550
ESCORTS 3368.1 3300
ETERNAL 234.62 230
EXIDEIND 376.9 370
FEDERALBNK 192.81 195
GAIL 187.42 192.5
GLENMARK 1386.8 1400
GMRAIRPORT 87.6 87
GODREJCP 1271.7 1250
GODREJPROP 2114.4 2100
GRANULES 453.8 460
GRASIM 2720.6 2700
HAL 4487 4500
HAVELLS 1569.8 1600
HCLTECH 1625.7 1580
HDFCAMC 4467.3 4400
HDFCBANK 1951.3 1920
HDFCLIFE 734.45 720
HEROMOTOCO 3932.3 3900
HFCL 81.01 80
HINDALCO 645.05 640
HINDCOPPER 218.07 215
HINDPETRO 395.75 390
HINDUNILVR 2376.7 2380
HINDZINC 427.4 430
HUDCO 219 220
ICICIBANK 1434.5 1420
ICICIGI 1824.6 1840
ICICIPRULI 596.45 600
IDEA 7.06 8
IDFCFIRSTB 68.71 66
IEX 195.45 192.5
IGL 204.5 197.5
IIFL 388.8 370
INDHOTEL 758.65 760
INDIANB 568 570
INDIGO 5458.5 5300
INDUSINDBK 817.6 830
INDUSTOWER 393.85 390
INFY 1568.5 1500
INOXWIND 166.85 170
IOC 143.26 143
IRB 47.27 46
IRCTC 750.7 760
IREDA 165.69 160
IRFC 123.25 122.5
ITC 433.95 430
JINDALSTEL 883.25 890
JIOFIN 261.1 260
JSL 607.55 600
JSWENERGY 476.9 480
JSWSTEEL 984 980
JUBLFOOD 689.2 690
KALYANKJIL 537.35 520
KEI 3363.8 3200
KOTAKBANK 2159.8 2140
KPITTECH 1312.4 1260
LAURUSLABS 596.7 610
LICHSGFIN 592.65 600
LICI 810.2 800
LODHA 1304 1300
LT 3545.1 3400
LTF 167.8 165
LTIM 4784 4550
LUPIN 2027 2040
M&M 3054.9 3000
M&MFIN 251.75 265
MANAPPURAM 228.21 230
MARICO 733 720
MARUTI 12538 12000
MAXHEALTH 1152.3 1140
MCX 6043 5900
MFSL 1293.8 1280
MGL 1393 1380
MOTHERSON 140.65 140
MPHASIS 2505.7 2500
MRF 140085 140000
MUTHOOTFIN 2252.2 2200
NATIONALUM 163.76 165
NAUKRI 1442.5 1400
NBCC 97.12 98
NCC 216.79 215
NESTLEIND 2364.6 2360
NHPC 81.5 84
NMDC 66.65 67
NTPC 345.5 345
NYKAA 198.08 195
OBEROIRLTY 1603.2 1600
OFSS 8497.5 8300
OIL 415.8 400
ONGC 241.86 240
PAGEIND 46915 46000
PATANJALI 1794.6 1840
PAYTM 852.65 860
PEL 1049.55 1020
PERSISTENT 5737.5 5400
PETRONET 312.6 310
PFC 406.75 420
PHOENIXLTD 1521 1550
PIDILITIND 3057.2 3000
PIIND 3721.7 3700
PNB 94.8 95
PNBHOUSING 1060.7 1060
POLICYBZR 1669.8 1620
POLYCAB 5934 5800
POONAWALLA 385.95 380
POWERGRID 308 310
PRESTIGE 1345.9 1340
RAMCOCEM 948.7 950
RBLBANK 204.36 200
RECLTD 406.15 420
RELIANCE 1424 1380
SAIL 114.4 115
SBICARD 900.55 880
SBILIFE 1749.1 1720
SBIN 795.25 790
SHREECEM 29685 30000
SHRIRAMFIN 626.35 620
SIEMENS 2938.2 2900
SJVN 93.9 95
SOLARINDS 13239 13000
SONACOMS 512.95 500
SRF 3039.9 3000
SUNPHARMA 1682.3 1740
SUPREMEIND 3589.3 3500
SYNGENE 622.2 630
TATACHEM 836 850
TATACOMM 1561.1 1600
TATACONSUM 1152.9 1130
TATAELXSI 5929.5 5700
TATAMOTORS 719.95 690
TATAPOWER 389.7 400
TATASTEEL 147.84 145
TATATECH 683 660
TCS 3539.6 3460
TECHM 1539.2 1500
TIINDIA 2939.3 2850
TITAGARH 734.3 720
TITAN 3563.9 3480
TORNTPHARM 3184 3250
TORNTPOWER 1452.5 1440
TRENT 5348.5 5300
TVSMOTOR 2756.2 2720
ULTRACEMCO 11614 11800
UNIONBANK 127.37 125
UNITDSPR 1559.4 1560
UPL 691.45 670
VBL 512 510
VEDL 426.3 420
VOLTAS 1261.1 1260
WIPRO 250.95 242.5
YESBANK 20.47 20
ZOMATO 0 80
ZYDUSLIFE 882.4 880

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.