COALINDIA
Coal India Ltd
Max pain for COALINDIA
20 Dec 2024 04:12 PM IST
Max Pain for COALINDIA is 414.25
Strike 340 has a total call value of 0 versus a total put value of 147,292,372,500 Combined total value = 147,292,372,500
Strike 345 has a total call value of 0 versus a total put value of 137,372,497,500 Combined total value = 137,372,497,500
Strike 350 has a total call value of 0 versus a total put value of 127,452,622,500 Combined total value = 127,452,622,500
Strike 354.25 has a total call value of 0 versus a total put value of 119,167,991,250 Combined total value = 119,167,991,250
Strike 355 has a total call value of 0 versus a total put value of 117,705,997,500 Combined total value = 117,705,997,500
Strike 360 has a total call value of 0 versus a total put value of 107,982,997,500 Combined total value = 107,982,997,500
Strike 364.25 has a total call value of 3,123,750 versus a total put value of 99,885,345,000 Combined total value = 99,888,468,750
Strike 365 has a total call value of 3,675,000 versus a total put value of 98,460,678,750 Combined total value = 98,464,353,750
Strike 370 has a total call value of 12,075,000 versus a total put value of 89,098,878,750 Combined total value = 89,110,953,750
Strike 374.25 has a total call value of 28,140,000 versus a total put value of 81,339,930,000 Combined total value = 81,368,070,000
Strike 375 has a total call value of 30,975,000 versus a total put value of 79,970,703,750 Combined total value = 80,001,678,750
Strike 379.25 has a total call value of 75,153,750 versus a total put value of 72,332,688,750 Combined total value = 72,407,842,500
Strike 380 has a total call value of 82,950,000 versus a total put value of 70,997,718,750 Combined total value = 71,080,668,750
Strike 384.25 has a total call value of 218,163,750 versus a total put value of 63,743,478,750 Combined total value = 63,961,642,500
Strike 385 has a total call value of 257,696,250 versus a total put value of 62,496,708,750 Combined total value = 62,754,405,000
Strike 389.25 has a total call value of 638,347,500 versus a total put value of 55,782,877,500 Combined total value = 56,421,225,000
Strike 390 has a total call value of 705,521,250 versus a total put value of 54,611,156,250 Combined total value = 55,316,677,500
Strike 394.25 has a total call value of 1,391,407,500 versus a total put value of 48,278,868,750 Combined total value = 49,670,276,250
Strike 395 has a total call value of 1,549,301,250 versus a total put value of 47,173,927,500 Combined total value = 48,723,228,750
Strike 399.25 has a total call value of 2,797,908,750 versus a total put value of 41,194,177,500 Combined total value = 43,992,086,250
Strike 400 has a total call value of 3,048,097,500 versus a total put value of 40,150,740,000 Combined total value = 43,198,837,500
Strike 404.25 has a total call value of 5,389,571,250 versus a total put value of 34,782,798,750 Combined total value = 40,172,370,000
Strike 405 has a total call value of 5,826,397,500 versus a total put value of 33,849,768,750 Combined total value = 39,676,166,250
Strike 409.25 has a total call value of 8,642,235,000 versus a total put value of 28,748,685,000 Combined total value = 37,390,920,000
Strike 410 has a total call value of 9,173,718,750 versus a total put value of 27,869,126,250 Combined total value = 37,042,845,000
Strike 414.25 has a total call value of 13,284,127,500 versus a total put value of 23,546,302,500 Combined total value = 36,830,430,000
Strike 415 has a total call value of 14,048,947,500 versus a total put value of 22,811,722,500 Combined total value = 36,860,670,000
Strike 419.25 has a total call value of 19,462,406,250 versus a total put value of 19,130,160,000 Combined total value = 38,592,566,250
Strike 420 has a total call value of 20,482,927,500 versus a total put value of 18,516,540,000 Combined total value = 38,999,467,500
Strike 424.25 has a total call value of 28,812,630,000 versus a total put value of 15,819,405,000 Combined total value = 44,632,035,000
Strike 425 has a total call value of 30,364,162,500 versus a total put value of 15,379,192,500 Combined total value = 45,743,355,000
Strike 429.25 has a total call value of 40,170,060,000 versus a total put value of 13,094,392,500 Combined total value = 53,264,452,500
Strike 430 has a total call value of 42,062,973,750 versus a total put value of 12,710,958,750 Combined total value = 54,773,932,500
Strike 434.25 has a total call value of 54,418,297,500 versus a total put value of 10,900,968,750 Combined total value = 65,319,266,250
Strike 435 has a total call value of 56,620,698,750 versus a total put value of 10,596,600,000 Combined total value = 67,217,298,750
Strike 439.25 has a total call value of 69,376,755,000 versus a total put value of 9,096,753,750 Combined total value = 78,473,508,750
Strike 440 has a total call value of 71,664,993,750 versus a total put value of 8,832,075,000 Combined total value = 80,497,068,750
Strike 444.25 has a total call value of 85,199,310,000 versus a total put value of 7,444,237,500 Combined total value = 92,643,547,500
Strike 445 has a total call value of 87,604,571,250 versus a total put value of 7,207,200,000 Combined total value = 94,811,771,250
Strike 449.25 has a total call value of 101,739,986,250 versus a total put value of 5,863,987,500 Combined total value = 107,603,973,750
Strike 450 has a total call value of 104,242,503,750 versus a total put value of 5,626,950,000 Combined total value = 109,869,453,750
Strike 454.25 has a total call value of 119,317,721,250 versus a total put value of 4,776,397,500 Combined total value = 124,094,118,750
Strike 455 has a total call value of 121,990,023,750 versus a total put value of 4,626,300,000 Combined total value = 126,616,323,750
Strike 459.25 has a total call value of 137,479,361,250 versus a total put value of 3,775,747,500 Combined total value = 141,255,108,750
Strike 460 has a total call value of 140,212,773,750 versus a total put value of 3,625,650,000 Combined total value = 143,838,423,750
Strike 464.25 has a total call value of 155,931,930,000 versus a total put value of 2,967,431,250 Combined total value = 158,899,361,250
Strike 465 has a total call value of 158,712,277,500 versus a total put value of 2,851,275,000 Combined total value = 161,563,552,500
Strike 469.25 has a total call value of 174,571,110,000 versus a total put value of 2,352,813,750 Combined total value = 176,923,923,750
Strike 470 has a total call value of 177,370,515,000 versus a total put value of 2,264,850,000 Combined total value = 179,635,365,000
Strike 474.25 has a total call value of 193,298,962,500 versus a total put value of 1,766,388,750 Combined total value = 195,065,351,250
Strike 475 has a total call value of 196,109,865,000 versus a total put value of 1,678,425,000 Combined total value = 197,788,290,000
Strike 479.25 has a total call value of 212,093,201,250 versus a total put value of 1,179,963,750 Combined total value = 213,273,165,000
Strike 480 has a total call value of 214,913,790,000 versus a total put value of 1,092,000,000 Combined total value = 216,005,790,000
Strike 484.25 has a total call value of 231,007,796,250 versus a total put value of 641,287,500 Combined total value = 231,649,083,750
Strike 485 has a total call value of 233,847,915,000 versus a total put value of 561,750,000 Combined total value = 234,409,665,000
Strike 490 has a total call value of 252,782,040,000 versus a total put value of 395,850,000 Combined total value = 253,177,890,000
Strike 494.25 has a total call value of 268,899,251,250 versus a total put value of 261,528,750 Combined total value = 269,160,780,000
Strike 495 has a total call value of 271,744,173,750 versus a total put value of 237,825,000 Combined total value = 271,981,998,750
Strike 500 has a total call value of 290,710,323,750 versus a total put value of 79,800,000 Combined total value = 290,790,123,750
Strike 505 has a total call value of 309,852,348,750 versus a total put value of 39,900,000 Combined total value = 309,892,248,750
Strike 510 has a total call value of 328,994,373,750 versus a total put value of 0 Combined total value = 328,994,373,750
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 403.85 | 450 |
| ABB | 6921.25 | 7300 |
| ABBOTINDIA | 28655.35 | 28000 |
| ABCAPITAL | 186.21 | 200 |
| ABFRL | 282.2 | 300 |
| ACC | 2063.65 | 2260 |
| ADANIENSOL | 767.55 | 800 |
| ADANIENT | 2344.95 | 2500 |
| ADANIGREEN | 1034.35 | 1120 |
| ADANIPORTS | 1182.45 | 1240 |
| ALKEM | 5427.5 | 5500 |
| AMBUJACEM | 548.8 | 560 |
| ANGELONE | 2881.7 | 3100 |
| APLAPOLLO | 1559 | 1600 |
| APOLLOHOSP | 7251.7 | 7200 |
| APOLLOTYRE | 531.95 | 530 |
| ASHOKLEY | 217.28 | 225 |
| ASIANPAINT | 2282.35 | 2400 |
| ASTRAL | 1734.6 | 1820 |
| ATGL | 674.35 | 720 |
| ATUL | 7023.15 | 7300 |
| AUBANK | 537.6 | 570 |
| AUROPHARMA | 1241.7 | 1240 |
| AXISBANK | 1071.85 | 1120 |
| BAJAJ-AUTO | 8787.25 | 9000 |
| BAJAJFINSV | 1569.65 | 1640 |
| BAJFINANCE | 6848.25 | 7000 |
| BALKRISIND | 2790.05 | 2800 |
| BANDHANBNK | 159.05 | 170 |
| BANKBARODA | 240.59 | 250 |
| BANKINDIA | 103.03 | 110 |
| BATAINDIA | 1342.25 | 1400 |
| BEL | 290.85 | 310 |
| BERGEPAINT | 444.8 | 465 |
| BHARATFORG | 1278.9 | 1340 |
| BHARTIARTL | 1578.1 | 1600 |
| BHEL | 235.3 | 250 |
| BIOCON | 335.95 | 355 |
| BOSCHLTD | 34576.95 | 35000 |
| BPCL | 289.05 | 295 |
| BRITANNIA | 4698.1 | 4800 |
| BSE | 5542.85 | 5300 |
| BSOFT | 577 | 600 |
| CAMS | 4951 | 5100 |
| CANBK | 99.61 | 104 |
| CANFINHOME | 747.7 | 790 |
| CDSL | 1860.75 | 1860 |
| CESC | 182.74 | 190 |
| CGPOWER | 730.05 | 760 |
| CHAMBLFERT | 509.15 | 520 |
| CHOLAFIN | 1189.55 | 1260 |
| CIPLA | 1472.05 | 1480 |
| COALINDIA | 382 | 414.25 |
| COFORGE | 9370.45 | 9200 |
| COLPAL | 2750.85 | 2850 |
| CONCOR | 767.95 | 830 |
| COROMANDEL | 1839.3 | 1800 |
| CROMPTON | 388.25 | 405 |
| CUB | 175.42 | 180 |
| CUMMINSIND | 3312.9 | 3450 |
| CYIENT | 1924.4 | 2000 |
| DABUR | 502.55 | 510 |
| DALBHARAT | 1801.9 | 1880 |
| DEEPAKNTR | 2596.85 | 2700 |
| DELHIVERY | 349.6 | 365 |
| DIVISLAB | 5846.75 | 6000 |
| DIXON | 17944.9 | 18000 |
| DLF | 830.7 | 850 |
| DMART | 3408.3 | 3600 |
| DRREDDY | 1343.65 | 1300 |
| EICHERMOT | 4734.5 | 4800 |
| ESCORTS | 3162.05 | 3350 |
| EXIDEIND | 426.3 | 450 |
| FEDERALBNK | 194.46 | 205 |
| GAIL | 192.42 | 200 |
| GLENMARK | 1541.65 | 1520 |
| GMRAIRPORT | 78.82 | 85 |
| GMRINFRA | 0 | 36 |
| GNFC | 583.8 | 610 |
| GODREJCP | 1069.6 | 1120 |
| GODREJPROP | 2855.95 | 2900 |
| GRANULES | 592.4 | 580 |
| GRASIM | 2488.7 | 2620 |
| GUJGASLTD | 499.8 | 500 |
| HAL | 4190.2 | 4500 |
| HAVELLS | 1657.4 | 1720 |
| HCLTECH | 1911.35 | 1900 |
| HDFCAMC | 4262.8 | 4400 |
| HDFCBANK | 1771.5 | 1800 |
| HDFCLIFE | 623.8 | 640 |
| HEROMOTOCO | 4339.95 | 4600 |
| HFCL | 113.35 | 120 |
| HINDALCO | 622.65 | 650 |
| HINDCOPPER | 271.5 | 290 |
| HINDPETRO | 399.5 | 400 |
| HINDUNILVR | 2333.9 | 2400 |
| HUDCO | 242.11 | 245 |
| ICICIBANK | 1288.4 | 1300 |
| ICICIGI | 1902.15 | 1920 |
| ICICIPRULI | 653.9 | 670 |
| IDEA | 7.4 | 8 |
| IDFCFIRSTB | 61.68 | 65 |
| IEX | 177.45 | 182.5 |
| IGL | 388.3 | 370 |
| INDHOTEL | 854.1 | 850 |
| INDIAMART | 2249.95 | 2350 |
| INDIANB | 537.15 | 580 |
| INDIGO | 4395.6 | 4400 |
| INDUSINDBK | 929.45 | 980 |
| INDUSTOWER | 337.1 | 350 |
| INFY | 1922.15 | 1920 |
| IOC | 137.08 | 142.5 |
| IPCALAB | 1582.5 | 1560 |
| IRB | 55.09 | 57 |
| IRCTC | 784.25 | 830 |
| IRFC | 148.41 | 155 |
| ITC | 464.65 | 470 |
| JINDALSTEL | 908.05 | 940 |
| JIOFIN | 304.3 | 325 |
| JKCEMENT | 4517.8 | 4600 |
| JSL | 719.8 | 730 |
| JSWENERGY | 669.8 | 660 |
| JSWSTEEL | 917.35 | 950 |
| JUBLFOOD | 672.7 | 670 |
| KALYANKJIL | 719.2 | 740 |
| KEI | 4166.25 | 4400 |
| KOTAKBANK | 1743.55 | 1780 |
| KPITTECH | 1451.25 | 1500 |
| LALPATHLAB | 2946.25 | 3050 |
| LAURUSLABS | 559.2 | 570 |
| LICHSGFIN | 582.25 | 620 |
| LICI | 901.7 | 940 |
| LODHA | 1400.7 | 1440 |
| LT | 3629.85 | 3750 |
| LTF | 136.48 | 145 |
| LTIM | 5824.3 | 6150 |
| LTTS | 4828.5 | 5200 |
| LUPIN | 2150.7 | 2100 |
| M&M | 2906.35 | 3000 |
| M&MFIN | 266.05 | 275 |
| MANAPPURAM | 181.03 | 180 |
| MARICO | 627.95 | 630 |
| MARUTI | 10901.05 | 11100 |
| MAXHEALTH | 1165.2 | 1140 |
| MCX | 6397.4 | 6500 |
| METROPOLIS | 2058.05 | 2120 |
| MFSL | 1109.2 | 1140 |
| MGL | 1215.3 | 1260 |
| MOTHERSON | 156.06 | 165 |
| MPHASIS | 2950.6 | 3100 |
| MRF | 128057.9 | 130000 |
| MUTHOOTFIN | 2075.65 | 2060 |
| NATIONALUM | 215.36 | 232.5 |
| NAUKRI | 8494.95 | 8600 |
| NAVINFLUOR | 3305.85 | 3500 |
| NCC | 287.55 | 300 |
| NESTLEIND | 2163.5 | 2220 |
| NHPC | 81.47 | 85 |
| NMDC | 213.15 | 230 |
| NTPC | 333.25 | 350 |
| NYKAA | 167.33 | 170 |
| OBEROIRLTY | 2247.8 | 2200 |
| OFSS | 12247.55 | 12500 |
| OIL | 421.8 | 450 |
| ONGC | 237.1 | 250 |
| PAGEIND | 48856.35 | 48500 |
| PAYTM | 945.25 | 980 |
| PEL | 1093.7 | 1160 |
| PERSISTENT | 6368.7 | 6400 |
| PETRONET | 336.45 | 340 |
| PFC | 453.3 | 480 |
| PIDILITIND | 2976.8 | 3080 |
| PIIND | 3813.75 | 4000 |
| PNB | 100.77 | 105 |
| POLICYBZR | 2092.15 | 2000 |
| POLYCAB | 7178.25 | 7300 |
| POONAWALLA | 318.85 | 340 |
| POWERGRID | 315.8 | 325 |
| PRESTIGE | 1794.5 | 1800 |
| PVRINOX | 1382.1 | 1520 |
| RAMCOCEM | 986.1 | 1010 |
| RBLBANK | 152.79 | 160 |
| RECLTD | 513.25 | 530 |
| RELIANCE | 1205.3 | 1280 |
| SAIL | 116.1 | 125 |
| SBICARD | 687 | 710 |
| SBILIFE | 1400.6 | 1420 |
| SBIN | 812 | 840 |
| SHREECEM | 27063.5 | 27000 |
| SHRIRAMFIN | 2877.25 | 3000 |
| SIEMENS | 6868.9 | 7300 |
| SJVN | 111.54 | 117.5 |
| SONACOMS | 588.45 | 620 |
| SRF | 2277.6 | 2300 |
| SUNPHARMA | 1808.85 | 1800 |
| SUNTV | 696.85 | 730 |
| SUPREMEIND | 4839.8 | 4900 |
| SYNGENE | 844 | 860 |
| TATACHEM | 1028.85 | 1080 |
| TATACOMM | 1710.45 | 1800 |
| TATACONSUM | 889.45 | 930 |
| TATAELXSI | 6921.6 | 7200 |
| TATAMOTORS | 724.05 | 770 |
| TATAPOWER | 401.1 | 420 |
| TATASTEEL | 140.68 | 147.5 |
| TCS | 4170.3 | 4300 |
| TECHM | 1686.05 | 1740 |
| TIINDIA | 3619.1 | 3700 |
| TITAN | 3356.25 | 3400 |
| TORNTPHARM | 3437 | 3400 |
| TRENT | 6831.55 | 6900 |
| TVSMOTOR | 2391.65 | 2500 |
| UBL | 2025.35 | 2000 |
| ULTRACEMCO | 11422.8 | 11500 |
| UNIONBANK | 116.78 | 125 |
| UNITDSPR | 1544.8 | 1540 |
| UPL | 504.5 | 537.2 |
| VBL | 612.55 | 630 |
| VEDL | 477.25 | 490 |
| VOLTAS | 1686.5 | 1740 |
| WIPRO | 305.2 | 302.5 |
| YESBANK | 19.83 | 21 |
| ZOMATO | 282.1 | 285 |
| ZYDUSLIFE | 973.5 | 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.
