COALINDIA
Coal India Ltd
Max pain for COALINDIA
12 Nov 2024 04:12 PM IST
Max Pain for COALINDIA is 434.25
Strike 354.25 has a total call value of 0 versus a total put value of 115,106,801,250 Combined total value = 115,106,801,250
Strike 355 has a total call value of 0 versus a total put value of 113,983,905,000 Combined total value = 113,983,905,000
Strike 359.25 has a total call value of 0 versus a total put value of 107,620,826,250 Combined total value = 107,620,826,250
Strike 360 has a total call value of 0 versus a total put value of 106,497,930,000 Combined total value = 106,497,930,000
Strike 364.25 has a total call value of 0 versus a total put value of 100,134,851,250 Combined total value = 100,134,851,250
Strike 365 has a total call value of 0 versus a total put value of 99,019,672,500 Combined total value = 99,019,672,500
Strike 369.25 has a total call value of 0 versus a total put value of 92,700,326,250 Combined total value = 92,700,326,250
Strike 370 has a total call value of 0 versus a total put value of 91,585,147,500 Combined total value = 91,585,147,500
Strike 374.25 has a total call value of 0 versus a total put value of 85,265,801,250 Combined total value = 85,265,801,250
Strike 375 has a total call value of 0 versus a total put value of 84,184,485,000 Combined total value = 84,184,485,000
Strike 379.25 has a total call value of 0 versus a total put value of 78,057,026,250 Combined total value = 78,057,026,250
Strike 380 has a total call value of 0 versus a total put value of 76,982,955,000 Combined total value = 76,982,955,000
Strike 384.25 has a total call value of 0 versus a total put value of 70,910,831,250 Combined total value = 70,910,831,250
Strike 385 has a total call value of 3,465,000 versus a total put value of 69,899,917,500 Combined total value = 69,903,382,500
Strike 389.25 has a total call value of 23,100,000 versus a total put value of 64,203,536,250 Combined total value = 64,226,636,250
Strike 390 has a total call value of 26,565,000 versus a total put value of 63,203,096,250 Combined total value = 63,229,661,250
Strike 394.25 has a total call value of 46,200,000 versus a total put value of 57,582,131,250 Combined total value = 57,628,331,250
Strike 395 has a total call value of 49,665,000 versus a total put value of 56,615,396,250 Combined total value = 56,665,061,250
Strike 399.25 has a total call value of 69,300,000 versus a total put value of 51,179,178,750 Combined total value = 51,248,478,750
Strike 400 has a total call value of 74,970,000 versus a total put value of 50,233,627,500 Combined total value = 50,308,597,500
Strike 404.25 has a total call value of 123,611,250 versus a total put value of 44,996,437,500 Combined total value = 45,120,048,750
Strike 405 has a total call value of 149,835,000 versus a total put value of 44,126,958,750 Combined total value = 44,276,793,750
Strike 409.25 has a total call value of 299,775,000 versus a total put value of 39,251,677,500 Combined total value = 39,551,452,500
Strike 410 has a total call value of 340,095,000 versus a total put value of 38,408,186,250 Combined total value = 38,748,281,250
Strike 414.25 has a total call value of 598,473,750 versus a total put value of 33,771,648,750 Combined total value = 34,370,122,500
Strike 415 has a total call value of 662,733,750 versus a total put value of 33,015,255,000 Combined total value = 33,677,988,750
Strike 419.25 has a total call value of 1,110,768,750 versus a total put value of 28,840,586,250 Combined total value = 29,951,355,000
Strike 420 has a total call value of 1,213,380,000 versus a total put value of 28,139,868,750 Combined total value = 29,353,248,750
Strike 424.25 has a total call value of 2,121,052,500 versus a total put value of 24,380,658,750 Combined total value = 26,501,711,250
Strike 425 has a total call value of 2,348,876,250 versus a total put value of 23,781,686,250 Combined total value = 26,130,562,500
Strike 429.25 has a total call value of 3,967,425,000 versus a total put value of 20,517,367,500 Combined total value = 24,484,792,500
Strike 430 has a total call value of 4,317,862,500 versus a total put value of 19,981,867,500 Combined total value = 24,299,730,000
Strike 434.25 has a total call value of 6,964,125,000 versus a total put value of 17,076,333,750 Combined total value = 24,040,458,750
Strike 435 has a total call value of 7,560,735,000 versus a total put value of 16,647,618,750 Combined total value = 24,208,353,750
Strike 439.25 has a total call value of 11,153,047,500 versus a total put value of 14,302,575,000 Combined total value = 25,455,622,500
Strike 440 has a total call value of 11,889,202,500 versus a total put value of 13,914,180,000 Combined total value = 25,803,382,500
Strike 444.25 has a total call value of 16,583,306,250 versus a total put value of 11,775,303,750 Combined total value = 28,358,610,000
Strike 445 has a total call value of 17,560,987,500 versus a total put value of 11,458,571,250 Combined total value = 29,019,558,750
Strike 449.25 has a total call value of 23,431,406,250 versus a total put value of 9,674,017,500 Combined total value = 33,105,423,750
Strike 450 has a total call value of 24,632,028,750 versus a total put value of 9,359,096,250 Combined total value = 33,991,125,000
Strike 454.25 has a total call value of 31,809,960,000 versus a total put value of 7,602,210,000 Combined total value = 39,412,170,000
Strike 455 has a total call value of 33,206,197,500 versus a total put value of 7,338,633,750 Combined total value = 40,544,831,250
Strike 459.25 has a total call value of 41,205,228,750 versus a total put value of 5,845,035,000 Combined total value = 47,050,263,750
Strike 460 has a total call value of 42,676,987,500 versus a total put value of 5,590,436,250 Combined total value = 48,267,423,750
Strike 464.25 has a total call value of 51,129,408,750 versus a total put value of 4,154,850,000 Combined total value = 55,284,258,750
Strike 465 has a total call value of 52,783,552,500 versus a total put value of 3,997,035,000 Combined total value = 56,780,587,500
Strike 469.25 has a total call value of 62,211,476,250 versus a total put value of 3,102,750,000 Combined total value = 65,314,226,250
Strike 470 has a total call value of 63,913,263,750 versus a total put value of 2,944,935,000 Combined total value = 66,858,198,750
Strike 474.25 has a total call value of 73,667,396,250 versus a total put value of 2,050,650,000 Combined total value = 75,718,046,250
Strike 475 has a total call value of 75,467,306,250 versus a total put value of 1,931,107,500 Combined total value = 77,398,413,750
Strike 479.25 has a total call value of 85,741,766,250 versus a total put value of 1,253,700,000 Combined total value = 86,995,466,250
Strike 480 has a total call value of 87,568,136,250 versus a total put value of 1,134,157,500 Combined total value = 88,702,293,750
Strike 484.25 has a total call value of 97,943,448,750 versus a total put value of 456,750,000 Combined total value = 98,400,198,750
Strike 485 has a total call value of 100,017,645,000 versus a total put value of 449,898,750 Combined total value = 100,467,543,750
Strike 489.25 has a total call value of 111,785,257,500 versus a total put value of 411,075,000 Combined total value = 112,196,332,500
Strike 490 has a total call value of 113,881,031,250 versus a total put value of 404,223,750 Combined total value = 114,285,255,000
Strike 494.25 has a total call value of 125,757,082,500 versus a total put value of 365,400,000 Combined total value = 126,122,482,500
Strike 495 has a total call value of 127,887,742,500 versus a total put value of 358,548,750 Combined total value = 128,246,291,250
Strike 499.25 has a total call value of 139,961,482,500 versus a total put value of 319,725,000 Combined total value = 140,281,207,500
Strike 500 has a total call value of 142,102,458,750 versus a total put value of 312,873,750 Combined total value = 142,415,332,500
Strike 504.25 has a total call value of 154,262,771,250 versus a total put value of 274,050,000 Combined total value = 154,536,821,250
Strike 505 has a total call value of 156,487,143,750 versus a total put value of 267,198,750 Combined total value = 156,754,342,500
Strike 509.25 has a total call value of 169,091,921,250 versus a total put value of 228,375,000 Combined total value = 169,320,296,250
Strike 510 has a total call value of 171,316,293,750 versus a total put value of 221,523,750 Combined total value = 171,537,817,500
Strike 514.25 has a total call value of 183,921,071,250 versus a total put value of 182,700,000 Combined total value = 184,103,771,250
Strike 515 has a total call value of 186,170,880,000 versus a total put value of 175,848,750 Combined total value = 186,346,728,750
Strike 519.25 has a total call value of 198,919,796,250 versus a total put value of 137,025,000 Combined total value = 199,056,821,250
Strike 520 has a total call value of 201,169,605,000 versus a total put value of 130,173,750 Combined total value = 201,299,778,750
Strike 524.25 has a total call value of 213,918,521,250 versus a total put value of 91,350,000 Combined total value = 214,009,871,250
Strike 525 has a total call value of 216,189,041,250 versus a total put value of 84,498,750 Combined total value = 216,273,540,000
Strike 529.25 has a total call value of 229,055,321,250 versus a total put value of 45,675,000 Combined total value = 229,100,996,250
Strike 530 has a total call value of 231,325,841,250 versus a total put value of 38,823,750 Combined total value = 231,364,665,000
Strike 534.25 has a total call value of 244,192,121,250 versus a total put value of 0 Combined total value = 244,192,121,250
Strike 535 has a total call value of 246,483,903,750 versus a total put value of 0 Combined total value = 246,483,903,750
Strike 539.25 has a total call value of 259,470,671,250 versus a total put value of 0 Combined total value = 259,470,671,250
Strike 540 has a total call value of 261,762,453,750 versus a total put value of 0 Combined total value = 261,762,453,750
Strike 544.25 has a total call value of 274,749,221,250 versus a total put value of 0 Combined total value = 274,749,221,250
Strike 545 has a total call value of 277,046,437,500 versus a total put value of 0 Combined total value = 277,046,437,500
Strike 549.25 has a total call value of 290,063,996,250 versus a total put value of 0 Combined total value = 290,063,996,250
Strike 550 has a total call value of 292,361,212,500 versus a total put value of 0 Combined total value = 292,361,212,500
Strike 554.25 has a total call value of 305,378,771,250 versus a total put value of 0 Combined total value = 305,378,771,250
Strike 555 has a total call value of 307,676,381,250 versus a total put value of 0 Combined total value = 307,676,381,250
Strike 559.25 has a total call value of 320,696,171,250 versus a total put value of 0 Combined total value = 320,696,171,250
Strike 560 has a total call value of 322,993,781,250 versus a total put value of 0 Combined total value = 322,993,781,250
Strike 564.25 has a total call value of 336,013,571,250 versus a total put value of 0 Combined total value = 336,013,571,250
Strike 565 has a total call value of 338,316,063,750 versus a total put value of 0 Combined total value = 338,316,063,750
Strike 569.25 has a total call value of 351,363,521,250 versus a total put value of 0 Combined total value = 351,363,521,250
Strike 570 has a total call value of 353,666,013,750 versus a total put value of 0 Combined total value = 353,666,013,750
Strike 574.25 has a total call value of 366,713,471,250 versus a total put value of 0 Combined total value = 366,713,471,250
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 445.25 | 460 |
| ABB | 6964.25 | 7200 |
| ABBOTINDIA | 28597.85 | 29000 |
| ABCAPITAL | 194.77 | 205 |
| ABFRL | 293.85 | 300 |
| ACC | 2263.9 | 2400 |
| ADANIENT | 2870 | 3000 |
| ADANIPORTS | 1326 | 1360 |
| ALKEM | 5503.4 | 5700 |
| AMBUJACEM | 556.6 | 580 |
| APOLLOHOSP | 7019.55 | 7200 |
| APOLLOTYRE | 471.35 | 480 |
| ASHOKLEY | 221.12 | 220 |
| ASIANPAINT | 2474.85 | 2600 |
| ASTRAL | 1742.65 | 1800 |
| ATUL | 7423.25 | 7700 |
| AUBANK | 579.25 | 590 |
| AUROPHARMA | 1267.4 | 1320 |
| AXISBANK | 1158.15 | 1170 |
| BAJAJ-AUTO | 9678.7 | 9900 |
| BAJAJFINSV | 1691.75 | 1740 |
| BAJFINANCE | 6638.2 | 6900 |
| BALKRISIND | 2742.25 | 2800 |
| BANDHANBNK | 172.59 | 180 |
| BANKBARODA | 252.7 | 255 |
| BATAINDIA | 1334.9 | 1340 |
| BEL | 290.15 | 295 |
| BERGEPAINT | 496.15 | 510 |
| BHARATFORG | 1360.6 | 1420 |
| BHARTIARTL | 1555.65 | 1600 |
| BHEL | 230.22 | 240 |
| BIOCON | 347.5 | 340 |
| BOSCHLTD | 33278.5 | 34000 |
| BPCL | 309.8 | 315 |
| BRITANNIA | 5027.55 | 5200 |
| BSOFT | 564.55 | 570 |
| CANBK | 101.5 | 105 |
| CANFINHOME | 828.85 | 850 |
| CHAMBLFERT | 483.95 | 500 |
| CHOLAFIN | 1239.75 | 1280 |
| CIPLA | 1525.15 | 1560 |
| COALINDIA | 414.05 | 434.25 |
| COFORGE | 8099.25 | 8000 |
| COLPAL | 2789.3 | 2900 |
| CONCOR | 809.75 | 840 |
| COROMANDEL | 1730.5 | 1700 |
| CROMPTON | 390.4 | 400 |
| CUB | 174.14 | 175 |
| CUMMINSIND | 3480.35 | 3550 |
| DABUR | 510.5 | 540 |
| DALBHARAT | 1786.7 | 1800 |
| DEEPAKNTR | 2572.9 | 2700 |
| DIVISLAB | 5810.7 | 5900 |
| DIXON | 15008.15 | 14750 |
| DLF | 764.85 | 800 |
| DRREDDY | 1263.9 | 1290 |
| EICHERMOT | 4738.2 | 4800 |
| ESCORTS | 3559.45 | 3650 |
| EXIDEIND | 431.8 | 450 |
| FEDERALBNK | 207.27 | 205 |
| GAIL | 194.15 | 205 |
| GLENMARK | 1577.05 | 1640 |
| GMRINFRA | 78.22 | 83 |
| GNFC | 589.2 | 630 |
| GODREJCP | 1176.2 | 1240 |
| GODREJPROP | 2645.1 | 2800 |
| GRANULES | 562.15 | 570 |
| GRASIM | 2521.2 | 2560 |
| GUJGASLTD | 503.05 | 520 |
| HAL | 4243.5 | 4400 |
| HAVELLS | 1603.4 | 1660 |
| HCLTECH | 1872.85 | 1820 |
| HDFCAMC | 4397.5 | 4450 |
| HDFCBANK | 1718.2 | 1740 |
| HDFCLIFE | 700 | 710 |
| HEROMOTOCO | 4724.2 | 4900 |
| HINDALCO | 651.65 | 660 |
| HINDCOPPER | 269.45 | 290 |
| HINDPETRO | 375.55 | 385 |
| HINDUNILVR | 2461.5 | 2520 |
| ICICIBANK | 1270.6 | 1270 |
| ICICIGI | 1892.25 | 1900 |
| ICICIPRULI | 702.1 | 720 |
| IDEA | 7.67 | 8 |
| IDFCFIRSTB | 66.24 | 67 |
| IEX | 166.23 | 175 |
| IGL | 427.3 | 430 |
| INDHOTEL | 730.4 | 720 |
| INDIAMART | 2308.15 | 2400 |
| INDIGO | 3912.9 | 4000 |
| INDUSINDBK | 1059.55 | 1080 |
| INDUSTOWER | 321 | 350 |
| INFY | 1868.8 | 1820 |
| IOC | 138.79 | 145 |
| IPCALAB | 1559.5 | 1560 |
| IRCTC | 811.65 | 840 |
| ITC | 472.85 | 480 |
| JINDALSTEL | 887 | 930 |
| JKCEMENT | 4062.55 | 4150 |
| JSWSTEEL | 957.25 | 990 |
| JUBLFOOD | 636.85 | 630 |
| KOTAKBANK | 1721.4 | 1760 |
| LALPATHLAB | 3029.9 | 3100 |
| LAURUSLABS | 489.55 | 490 |
| LICHSGFIN | 616.95 | 640 |
| LT | 3591.35 | 3600 |
| LTF | 138.57 | 145 |
| LTIM | 6005.05 | 5900 |
| LTTS | 5278.85 | 5200 |
| LUPIN | 2090.1 | 2120 |
| M&M | 2898.55 | 2900 |
| M&MFIN | 265.4 | 275 |
| MANAPPURAM | 157.99 | 155 |
| MARICO | 595.55 | 620 |
| MARUTI | 11143.1 | 11300 |
| MCX | 6104.35 | 6300 |
| METROPOLIS | 2174.3 | 2140 |
| MFSL | 1223.3 | 1220 |
| MGL | 1370.2 | 1420 |
| MOTHERSON | 166.04 | 180 |
| MPHASIS | 2853.45 | 2900 |
| MRF | 120924.15 | 122000 |
| MUTHOOTFIN | 1792.7 | 1860 |
| NATIONALUM | 225.91 | 227.5 |
| NAUKRI | 7821.3 | 7900 |
| NAVINFLUOR | 3322.05 | 3500 |
| NESTLEIND | 2256.2 | 2300 |
| NMDC | 224.76 | 230 |
| NTPC | 380.3 | 400 |
| OBEROIRLTY | 1989.65 | 2000 |
| OFSS | 11855.75 | 11500 |
| ONGC | 256.15 | 265 |
| PAGEIND | 47107.2 | 47000 |
| PEL | 1023.15 | 1060 |
| PERSISTENT | 5680.15 | 5500 |
| PETRONET | 322.7 | 333 |
| PFC | 467.15 | 470 |
| PIDILITIND | 3040.3 | 3140 |
| PIIND | 4548.9 | 4600 |
| PNB | 103.73 | 105 |
| POLYCAB | 6502.75 | 6700 |
| POWERGRID | 322.7 | 320 |
| PVRINOX | 1478.6 | 1500 |
| RAMCOCEM | 910 | 890 |
| RBLBANK | 159.68 | 167.5 |
| RECLTD | 514.5 | 530 |
| RELIANCE | 1274.25 | 1320 |
| SAIL | 114.17 | 120 |
| SBICARD | 679.25 | 695 |
| SBILIFE | 1562.45 | 1600 |
| SBIN | 826.7 | 840 |
| SHREECEM | 24372.8 | 24500 |
| SHRIRAMFIN | 2931.2 | 3100 |
| SIEMENS | 6799.45 | 7000 |
| SRF | 2253.05 | 2300 |
| SUNPHARMA | 1800.85 | 1820 |
| SUNTV | 730.6 | 740 |
| SYNGENE | 889.3 | 890 |
| TATACHEM | 1072.35 | 1120 |
| TATACOMM | 1759.65 | 1800 |
| TATACONSUM | 967.55 | 990 |
| TATAMOTORS | 784.85 | 820 |
| TATAPOWER | 414.15 | 435 |
| TATASTEEL | 144.17 | 150 |
| TCS | 4197.4 | 4150 |
| TECHM | 1687 | 1680 |
| TITAN | 3198.45 | 3200 |
| TORNTPHARM | 3151.05 | 3200 |
| TRENT | 6528.55 | 6700 |
| TVSMOTOR | 2440.3 | 2500 |
| UBL | 1882.45 | 1920 |
| ULTRACEMCO | 10892 | 11000 |
| UNITDSPR | 1446.8 | 1460 |
| UPL | 527.75 | 540 |
| VEDL | 444.75 | 460 |
| VOLTAS | 1699.6 | 1720 |
| WIPRO | 570.65 | 560 |
| ZYDUSLIFE | 949.75 | 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:
- 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.
