COALINDIA
Coal India Ltd
Max pain for COALINDIA
11 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 120,703,458,750 Combined total value = 120,703,458,750
Strike 355 has a total call value of 78,750 versus a total put value of 119,544,731,250 Combined total value = 119,544,810,000
Strike 359.25 has a total call value of 525,000 versus a total put value of 112,978,608,750 Combined total value = 112,979,133,750
Strike 360 has a total call value of 603,750 versus a total put value of 111,819,881,250 Combined total value = 111,820,485,000
Strike 364.25 has a total call value of 1,050,000 versus a total put value of 105,253,758,750 Combined total value = 105,254,808,750
Strike 365 has a total call value of 1,128,750 versus a total put value of 104,103,142,500 Combined total value = 104,104,271,250
Strike 369.25 has a total call value of 1,575,000 versus a total put value of 97,582,983,750 Combined total value = 97,584,558,750
Strike 370 has a total call value of 1,653,750 versus a total put value of 96,432,367,500 Combined total value = 96,434,021,250
Strike 374.25 has a total call value of 2,100,000 versus a total put value of 89,912,208,750 Combined total value = 89,914,308,750
Strike 375 has a total call value of 2,178,750 versus a total put value of 88,795,297,500 Combined total value = 88,797,476,250
Strike 379.25 has a total call value of 2,625,000 versus a total put value of 82,466,133,750 Combined total value = 82,468,758,750
Strike 380 has a total call value of 2,703,750 versus a total put value of 81,356,546,250 Combined total value = 81,359,250,000
Strike 384.25 has a total call value of 3,150,000 versus a total put value of 75,080,486,250 Combined total value = 75,083,636,250
Strike 385 has a total call value of 3,228,750 versus a total put value of 74,036,103,750 Combined total value = 74,039,332,500
Strike 389.25 has a total call value of 3,675,000 versus a total put value of 68,139,356,250 Combined total value = 68,143,031,250
Strike 390 has a total call value of 3,753,750 versus a total put value of 67,103,793,750 Combined total value = 67,107,547,500
Strike 394.25 has a total call value of 4,200,000 versus a total put value of 61,280,677,500 Combined total value = 61,284,877,500
Strike 395 has a total call value of 6,877,500 versus a total put value of 60,278,662,500 Combined total value = 60,285,540,000
Strike 399.25 has a total call value of 22,050,000 versus a total put value of 54,626,460,000 Combined total value = 54,648,510,000
Strike 400 has a total call value of 26,381,250 versus a total put value of 53,642,006,250 Combined total value = 53,668,387,500
Strike 404.25 has a total call value of 66,543,750 versus a total put value of 48,160,717,500 Combined total value = 48,227,261,250
Strike 405 has a total call value of 91,507,500 versus a total put value of 47,248,871,250 Combined total value = 47,340,378,750
Strike 409.25 has a total call value of 233,861,250 versus a total put value of 42,123,690,000 Combined total value = 42,357,551,250
Strike 410 has a total call value of 274,181,250 versus a total put value of 41,237,358,750 Combined total value = 41,511,540,000
Strike 414.25 has a total call value of 524,973,750 versus a total put value of 36,327,270,000 Combined total value = 36,852,243,750
Strike 415 has a total call value of 583,406,250 versus a total put value of 35,524,177,500 Combined total value = 36,107,583,750
Strike 419.25 has a total call value of 939,960,000 versus a total put value of 31,030,886,250 Combined total value = 31,970,846,250
Strike 420 has a total call value of 1,021,702,500 versus a total put value of 30,272,917,500 Combined total value = 31,294,620,000
Strike 424.25 has a total call value of 1,727,223,750 versus a total put value of 26,207,133,750 Combined total value = 27,934,357,500
Strike 425 has a total call value of 1,918,350,000 versus a total put value of 25,566,266,250 Combined total value = 27,484,616,250
Strike 429.25 has a total call value of 3,273,611,250 versus a total put value of 22,086,855,000 Combined total value = 25,360,466,250
Strike 430 has a total call value of 3,559,710,000 versus a total put value of 21,515,996,250 Combined total value = 25,075,706,250
Strike 434.25 has a total call value of 5,577,652,500 versus a total put value of 18,422,591,250 Combined total value = 24,000,243,750
Strike 435 has a total call value of 6,064,091,250 versus a total put value of 17,961,510,000 Combined total value = 24,025,601,250
Strike 439.25 has a total call value of 9,162,405,000 versus a total put value of 15,438,412,500 Combined total value = 24,600,817,500
Strike 440 has a total call value of 9,809,651,250 versus a total put value of 15,021,352,500 Combined total value = 24,831,003,750
Strike 444.25 has a total call value of 13,975,395,000 versus a total put value of 12,721,380,000 Combined total value = 26,696,775,000
Strike 445 has a total call value of 14,856,686,250 versus a total put value of 12,378,187,500 Combined total value = 27,234,873,750
Strike 449.25 has a total call value of 20,121,097,500 versus a total put value of 10,443,247,500 Combined total value = 30,564,345,000
Strike 450 has a total call value of 21,216,116,250 versus a total put value of 10,115,726,250 Combined total value = 31,331,842,500
Strike 454.25 has a total call value of 27,800,535,000 versus a total put value of 8,288,332,500 Combined total value = 36,088,867,500
Strike 455 has a total call value of 29,092,113,750 versus a total put value of 8,012,628,750 Combined total value = 37,104,742,500
Strike 459.25 has a total call value of 36,515,482,500 versus a total put value of 6,451,200,000 Combined total value = 42,966,682,500
Strike 460 has a total call value of 37,886,283,750 versus a total put value of 6,184,867,500 Combined total value = 44,071,151,250
Strike 464.25 has a total call value of 45,761,703,750 versus a total put value of 4,675,650,000 Combined total value = 50,437,353,750
Strike 465 has a total call value of 47,318,040,000 versus a total put value of 4,504,762,500 Combined total value = 51,822,802,500
Strike 469.25 has a total call value of 56,166,285,000 versus a total put value of 3,536,400,000 Combined total value = 59,702,685,000
Strike 470 has a total call value of 57,758,452,500 versus a total put value of 3,365,512,500 Combined total value = 61,123,965,000
Strike 474.25 has a total call value of 66,890,958,750 versus a total put value of 2,397,150,000 Combined total value = 69,288,108,750
Strike 475 has a total call value of 68,583,217,500 versus a total put value of 2,264,535,000 Combined total value = 70,847,752,500
Strike 479.25 has a total call value of 78,248,992,500 versus a total put value of 1,513,050,000 Combined total value = 79,762,042,500
Strike 480 has a total call value of 79,968,105,000 versus a total put value of 1,380,435,000 Combined total value = 81,348,540,000
Strike 484.25 has a total call value of 89,741,426,250 versus a total put value of 628,950,000 Combined total value = 90,370,376,250
Strike 485 has a total call value of 91,727,580,000 versus a total put value of 609,183,750 Combined total value = 92,336,763,750
Strike 489.25 has a total call value of 102,982,451,250 versus a total put value of 497,175,000 Combined total value = 103,479,626,250
Strike 490 has a total call value of 104,968,605,000 versus a total put value of 477,408,750 Combined total value = 105,446,013,750
Strike 494.25 has a total call value of 116,261,853,750 versus a total put value of 365,400,000 Combined total value = 116,627,253,750
Strike 495 has a total call value of 118,290,768,750 versus a total put value of 358,548,750 Combined total value = 118,649,317,500
Strike 499.25 has a total call value of 129,787,953,750 versus a total put value of 319,725,000 Combined total value = 130,107,678,750
Strike 500 has a total call value of 131,827,500,000 versus a total put value of 312,873,750 Combined total value = 132,140,373,750
Strike 504.25 has a total call value of 143,414,827,500 versus a total put value of 274,050,000 Combined total value = 143,688,877,500
Strike 505 has a total call value of 145,542,337,500 versus a total put value of 267,198,750 Combined total value = 145,809,536,250
Strike 509.25 has a total call value of 157,598,227,500 versus a total put value of 228,375,000 Combined total value = 157,826,602,500
Strike 510 has a total call value of 159,725,737,500 versus a total put value of 221,523,750 Combined total value = 159,947,261,250
Strike 514.25 has a total call value of 171,781,627,500 versus a total put value of 182,700,000 Combined total value = 171,964,327,500
Strike 515 has a total call value of 173,934,888,750 versus a total put value of 175,848,750 Combined total value = 174,110,737,500
Strike 519.25 has a total call value of 186,136,702,500 versus a total put value of 137,025,000 Combined total value = 186,273,727,500
Strike 520 has a total call value of 188,289,963,750 versus a total put value of 130,173,750 Combined total value = 188,420,137,500
Strike 524.25 has a total call value of 200,491,777,500 versus a total put value of 91,350,000 Combined total value = 200,583,127,500
Strike 525 has a total call value of 202,669,293,750 versus a total put value of 84,498,750 Combined total value = 202,753,792,500
Strike 529.25 has a total call value of 215,008,552,500 versus a total put value of 45,675,000 Combined total value = 215,054,227,500
Strike 530 has a total call value of 217,186,068,750 versus a total put value of 38,823,750 Combined total value = 217,224,892,500
Strike 534.25 has a total call value of 229,525,327,500 versus a total put value of 0 Combined total value = 229,525,327,500
Strike 535 has a total call value of 231,724,342,500 versus a total put value of 0 Combined total value = 231,724,342,500
Strike 539.25 has a total call value of 244,185,427,500 versus a total put value of 0 Combined total value = 244,185,427,500
Strike 540 has a total call value of 246,384,442,500 versus a total put value of 0 Combined total value = 246,384,442,500
Strike 544.25 has a total call value of 258,845,527,500 versus a total put value of 0 Combined total value = 258,845,527,500
Strike 545 has a total call value of 261,049,976,250 versus a total put value of 0 Combined total value = 261,049,976,250
Strike 549.25 has a total call value of 273,541,852,500 versus a total put value of 0 Combined total value = 273,541,852,500
Strike 550 has a total call value of 275,746,301,250 versus a total put value of 0 Combined total value = 275,746,301,250
Strike 554.25 has a total call value of 288,238,177,500 versus a total put value of 0 Combined total value = 288,238,177,500
Strike 555 has a total call value of 290,442,626,250 versus a total put value of 0 Combined total value = 290,442,626,250
Strike 559.25 has a total call value of 302,934,502,500 versus a total put value of 0 Combined total value = 302,934,502,500
Strike 560 has a total call value of 305,138,951,250 versus a total put value of 0 Combined total value = 305,138,951,250
Strike 564.25 has a total call value of 317,630,827,500 versus a total put value of 0 Combined total value = 317,630,827,500
Max-Pain Table for Monthly Expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.75 | 460 |
ABB | 7237.8 | 7200 |
ABBOTINDIA | 28724.3 | 29000 |
ABCAPITAL | 199.3 | 205 |
ABFRL | 298.2 | 300 |
ACC | 2272.75 | 2400 |
ADANIENT | 2903.65 | 3000 |
ADANIPORTS | 1347.9 | 1380 |
ALKEM | 5623.85 | 5700 |
AMBUJACEM | 560.4 | 580 |
APOLLOHOSP | 7155.45 | 7300 |
APOLLOTYRE | 483.25 | 490 |
ASHOKLEY | 224.34 | 220 |
ASIANPAINT | 2543.1 | 2620 |
ASTRAL | 1713.55 | 1800 |
ATUL | 7494.85 | 7800 |
AUBANK | 576.05 | 600 |
AUROPHARMA | 1289.05 | 1340 |
AXISBANK | 1171 | 1170 |
BAJAJ-AUTO | 9919.35 | 10000 |
BAJAJFINSV | 1717.45 | 1740 |
BAJFINANCE | 6778.8 | 6900 |
BALKRISIND | 2782.55 | 2850 |
BANDHANBNK | 175.14 | 185 |
BANKBARODA | 258.35 | 257.5 |
BATAINDIA | 1330.9 | 1340 |
BEL | 299.75 | 295 |
BERGEPAINT | 490.8 | 510 |
BHARATFORG | 1397.5 | 1420 |
BHARTIARTL | 1560.55 | 1600 |
BHEL | 239.22 | 240 |
BIOCON | 348.7 | 340 |
BOSCHLTD | 34990.85 | 35500 |
BPCL | 312.55 | 315 |
BRITANNIA | 5434.65 | 5600 |
BSOFT | 569.65 | 570 |
CANBK | 103.89 | 105 |
CANFINHOME | 838.65 | 850 |
CHAMBLFERT | 479.8 | 500 |
CHOLAFIN | 1262.55 | 1280 |
CIPLA | 1552.8 | 1560 |
COALINDIA | 421.55 | 434.25 |
COFORGE | 8066.9 | 7900 |
COLPAL | 2872.65 | 2950 |
CONCOR | 829.9 | 840 |
COROMANDEL | 1737.25 | 1700 |
CROMPTON | 390.55 | 400 |
CUB | 174.3 | 175 |
CUMMINSIND | 3601.95 | 3600 |
DABUR | 522.75 | 540 |
DALBHARAT | 1755.35 | 1800 |
DEEPAKNTR | 2622 | 2700 |
DIVISLAB | 5899.95 | 5900 |
DIXON | 15387.75 | 15000 |
DLF | 777.5 | 800 |
DRREDDY | 1287.9 | 1290 |
EICHERMOT | 4793.45 | 4850 |
ESCORTS | 3620.9 | 3650 |
EXIDEIND | 436.6 | 450 |
FEDERALBNK | 207.73 | 205 |
GAIL | 202.93 | 210 |
GLENMARK | 1634.2 | 1680 |
GMRINFRA | 79.49 | 84 |
GNFC | 606.55 | 630 |
GODREJCP | 1220.85 | 1260 |
GODREJPROP | 2678.65 | 2800 |
GRANULES | 572.3 | 570 |
GRASIM | 2519.5 | 2580 |
GUJGASLTD | 517.65 | 530 |
HAL | 4443.7 | 4400 |
HAVELLS | 1641.75 | 1660 |
HCLTECH | 1867.3 | 1820 |
HDFCAMC | 4450.05 | 4400 |
HDFCBANK | 1766.3 | 1750 |
HDFCLIFE | 705.35 | 710 |
HEROMOTOCO | 4757.5 | 4900 |
HINDALCO | 655.35 | 660 |
HINDCOPPER | 273.4 | 290 |
HINDPETRO | 380.95 | 390 |
HINDUNILVR | 2491.05 | 2520 |
ICICIBANK | 1269.3 | 1270 |
ICICIGI | 1921.1 | 1900 |
ICICIPRULI | 704.3 | 720 |
IDEA | 7.83 | 8 |
IDFCFIRSTB | 66.56 | 67 |
IEX | 169.38 | 177.5 |
IGL | 440.95 | 430 |
INDHOTEL | 729.75 | 720 |
INDIAMART | 2369.2 | 2450 |
INDIGO | 4011.6 | 4050 |
INDUSINDBK | 1060.8 | 1080 |
INDUSTOWER | 325.05 | 350 |
INFY | 1860.1 | 1820 |
IOC | 139.43 | 145 |
IPCALAB | 1531.3 | 1560 |
IRCTC | 836.2 | 850 |
ITC | 476.95 | 485 |
JINDALSTEL | 906.85 | 940 |
JKCEMENT | 4066.4 | 4150 |
JSWSTEEL | 979 | 990 |
JUBLFOOD | 602 | 600 |
KOTAKBANK | 1744 | 1760 |
LALPATHLAB | 3009.75 | 3100 |
LAURUSLABS | 494.95 | 490 |
LICHSGFIN | 625.95 | 640 |
LT | 3628.85 | 3600 |
LTF | 140.16 | 147.5 |
LTIM | 5974.6 | 5900 |
LTTS | 5111.05 | 5100 |
LUPIN | 2084.9 | 2120 |
M&M | 2930.6 | 2900 |
M&MFIN | 269.6 | 275 |
MANAPPURAM | 156.11 | 152.5 |
MARICO | 617.1 | 640 |
MARUTI | 11399.7 | 11300 |
MCX | 6405.05 | 6400 |
METROPOLIS | 2154.8 | 2100 |
MFSL | 1208 | 1240 |
MGL | 1401.5 | 1440 |
MOTHERSON | 174.82 | 185 |
MPHASIS | 2861.5 | 2900 |
MRF | 123045.6 | 122000 |
MUTHOOTFIN | 1817.15 | 1860 |
NATIONALUM | 232.67 | 230 |
NAUKRI | 7951.5 | 7900 |
NAVINFLUOR | 3461.4 | 3500 |
NESTLEIND | 2279.05 | 2300 |
NMDC | 232.93 | 235 |
NTPC | 392.55 | 400 |
OBEROIRLTY | 2012.75 | 2000 |
OFSS | 11932.8 | 11500 |
ONGC | 256.9 | 265 |
PAGEIND | 47345.3 | 47000 |
PEL | 1037 | 1060 |
PERSISTENT | 5721.65 | 5500 |
PETRONET | 326.95 | 333 |
PFC | 481.85 | 470 |
PIDILITIND | 3099.65 | 3160 |
PIIND | 4599.7 | 4550 |
PNB | 105.14 | 105 |
POLYCAB | 6708.4 | 6700 |
POWERGRID | 329.8 | 320 |
PVRINOX | 1464 | 1500 |
RAMCOCEM | 870.45 | 870 |
RBLBANK | 161.88 | 170 |
RECLTD | 528.35 | 530 |
RELIANCE | 1272.7 | 1320 |
SAIL | 115.89 | 120 |
SBICARD | 692.55 | 700 |
SBILIFE | 1566 | 1600 |
SBIN | 847.65 | 840 |
SHREECEM | 24418.25 | 24750 |
SHRIRAMFIN | 2999.45 | 3100 |
SIEMENS | 7046.05 | 7000 |
SRF | 2294.2 | 2300 |
SUNPHARMA | 1794.6 | 1820 |
SUNTV | 744.7 | 750 |
SYNGENE | 888.75 | 900 |
TATACHEM | 1096.55 | 1120 |
TATACOMM | 1767.95 | 1800 |
TATACONSUM | 975.95 | 1000 |
TATAMOTORS | 804.7 | 840 |
TATAPOWER | 431.5 | 440 |
TATASTEEL | 145.01 | 150 |
TCS | 4198.7 | 4150 |
TECHM | 1704.15 | 1660 |
TITAN | 3206.6 | 3200 |
TORNTPHARM | 3151.65 | 3200 |
TRENT | 6480.7 | 6600 |
TVSMOTOR | 2460.5 | 2500 |
UBL | 1911.8 | 1940 |
ULTRACEMCO | 10970.45 | 11100 |
UNITDSPR | 1475.85 | 1480 |
UPL | 515.15 | 540 |
VEDL | 456.2 | 470 |
VOLTAS | 1754.1 | 1720 |
WIPRO | 573.5 | 560 |
ZYDUSLIFE | 967.75 | 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.