COFORGE
Coforge Limited
Max pain for COFORGE
07 Apr 2025 12:50 PM IST
Max Pain for COFORGE is 6900
Strike 5600 has a total call value of 0 versus a total put value of 134,870,250,000 Combined total value = 134,870,250,000
Strike 5700 has a total call value of 30,000,000 versus a total put value of 123,837,750,000 Combined total value = 123,867,750,000
Strike 5800 has a total call value of 60,000,000 versus a total put value of 112,805,250,000 Combined total value = 112,865,250,000
Strike 5900 has a total call value of 118,500,000 versus a total put value of 102,755,250,000 Combined total value = 102,873,750,000
Strike 6000 has a total call value of 177,000,000 versus a total put value of 92,705,250,000 Combined total value = 92,882,250,000
Strike 6100 has a total call value of 510,000,000 versus a total put value of 83,761,500,000 Combined total value = 84,271,500,000
Strike 6200 has a total call value of 1,121,250,000 versus a total put value of 75,144,750,000 Combined total value = 76,266,000,000
Strike 6300 has a total call value of 2,827,500,000 versus a total put value of 67,037,250,000 Combined total value = 69,864,750,000
Strike 6400 has a total call value of 4,692,750,000 versus a total put value of 59,278,500,000 Combined total value = 63,971,250,000
Strike 6500 has a total call value of 6,673,500,000 versus a total put value of 51,852,000,000 Combined total value = 58,525,500,000
Strike 6600 has a total call value of 9,230,250,000 versus a total put value of 45,518,250,000 Combined total value = 54,748,500,000
Strike 6700 has a total call value of 12,266,250,000 versus a total put value of 39,546,000,000 Combined total value = 51,812,250,000
Strike 6800 has a total call value of 15,759,750,000 versus a total put value of 33,981,750,000 Combined total value = 49,741,500,000
Strike 6900 has a total call value of 20,092,500,000 versus a total put value of 28,899,000,000 Combined total value = 48,991,500,000
Strike 7000 has a total call value of 25,266,000,000 versus a total put value of 24,330,750,000 Combined total value = 49,596,750,000
Strike 7100 has a total call value of 32,251,500,000 versus a total put value of 20,696,250,000 Combined total value = 52,947,750,000
Strike 7200 has a total call value of 39,728,250,000 versus a total put value of 17,247,000,000 Combined total value = 56,975,250,000
Strike 7300 has a total call value of 48,423,000,000 versus a total put value of 14,391,000,000 Combined total value = 62,814,000,000
Strike 7400 has a total call value of 58,152,000,000 versus a total put value of 11,794,500,000 Combined total value = 69,946,500,000
Strike 7500 has a total call value of 68,907,750,000 versus a total put value of 9,425,250,000 Combined total value = 78,333,000,000
Strike 7600 has a total call value of 81,849,750,000 versus a total put value of 7,600,500,000 Combined total value = 89,450,250,000
Strike 7700 has a total call value of 95,620,500,000 versus a total put value of 5,910,000,000 Combined total value = 101,530,500,000
Strike 7800 has a total call value of 110,610,000,000 versus a total put value of 4,349,250,000 Combined total value = 114,959,250,000
Strike 7900 has a total call value of 126,642,750,000 versus a total put value of 2,928,000,000 Combined total value = 129,570,750,000
Strike 8000 has a total call value of 143,559,000,000 versus a total put value of 1,710,750,000 Combined total value = 145,269,750,000
Strike 8100 has a total call value of 164,400,750,000 versus a total put value of 999,750,000 Combined total value = 165,400,500,000
Strike 8200 has a total call value of 186,118,500,000 versus a total put value of 535,500,000 Combined total value = 186,654,000,000
Strike 8300 has a total call value of 209,085,000,000 versus a total put value of 434,250,000 Combined total value = 209,519,250,000
Strike 8400 has a total call value of 232,828,500,000 versus a total put value of 364,500,000 Combined total value = 233,193,000,000
Strike 8500 has a total call value of 257,284,500,000 versus a total put value of 313,500,000 Combined total value = 257,598,000,000
Strike 8600 has a total call value of 283,129,500,000 versus a total put value of 262,500,000 Combined total value = 283,392,000,000
Strike 8700 has a total call value of 309,279,000,000 versus a total put value of 211,500,000 Combined total value = 309,490,500,000
Strike 8800 has a total call value of 335,586,000,000 versus a total put value of 160,500,000 Combined total value = 335,746,500,000
Strike 8900 has a total call value of 362,106,750,000 versus a total put value of 109,500,000 Combined total value = 362,216,250,000
Strike 9000 has a total call value of 388,723,500,000 versus a total put value of 58,500,000 Combined total value = 388,782,000,000
Strike 9100 has a total call value of 415,965,750,000 versus a total put value of 29,250,000 Combined total value = 415,995,000,000
Strike 9200 has a total call value of 443,208,000,000 versus a total put value of 0 Combined total value = 443,208,000,000
Strike 9300 has a total call value of 470,746,500,000 versus a total put value of 0 Combined total value = 470,746,500,000
Strike 9400 has a total call value of 498,285,000,000 versus a total put value of 0 Combined total value = 498,285,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 354.65 | 385 |
| ABB | 4906.45 | 5300 |
| ABCAPITAL | 177.75 | 190 |
| ABFRL | 241.4 | 260 |
| ACC | 1904.3 | 1980 |
| ADANIENSOL | 804 | 840 |
| ADANIENT | 2179.95 | 2440 |
| ADANIGREEN | 866.2 | 940 |
| ADANIPORTS | 1094.65 | 1180 |
| ALKEM | 4676.1 | 4900 |
| AMBUJACEM | 519.5 | 540 |
| ANGELONE | 2104.25 | 2200 |
| APLAPOLLO | 1421 | 1500 |
| APOLLOHOSP | 6656.3 | 6650 |
| APOLLOTYRE | 390.6 | 415 |
| ASHOKLEY | 194.7 | 207.5 |
| ASIANPAINT | 2334.15 | 2340 |
| ASTRAL | 1289.05 | 1320 |
| ATGL | 563 | 600 |
| AUBANK | 542.8 | 550 |
| AUROPHARMA | 1090.65 | 1160 |
| AXISBANK | 1035.5 | 1070 |
| BAJAJ-AUTO | 7230.85 | 7800 |
| BAJAJFINSV | 1837.1 | 1920 |
| BAJFINANCE | 8395.6 | 8700 |
| BALKRISIND | 2263.65 | 2480 |
| BANDHANBNK | 143.75 | 150 |
| BANKBARODA | 227.54 | 232.5 |
| BANKINDIA | 105.13 | 110 |
| BEL | 268.05 | 285 |
| BERGEPAINT | 506 | 505 |
| BHARATFORG | 941 | 1040 |
| BHARTIARTL | 1687.8 | 1720 |
| BHEL | 203.88 | 215 |
| BIOCON | 303 | 335 |
| BOSCHLTD | 26454.15 | 27500 |
| BPCL | 275.05 | 280 |
| BRITANNIA | 4955.3 | 4950 |
| BSE | 5104.95 | 5200 |
| BSOFT | 338.1 | 380 |
| CAMS | 3453.7 | 3700 |
| CANBK | 86.55 | 90 |
| CDSL | 1127.6 | 1200 |
| CESC | 145.92 | 152.5 |
| CGPOWER | 534.9 | 600 |
| CHAMBLFERT | 602.55 | 610 |
| CHOLAFIN | 1370.2 | 1460 |
| CIPLA | 1378.95 | 1440 |
| COALINDIA | 371.05 | 400 |
| COFORGE | 6058.95 | 6900 |
| COLPAL | 2381.9 | 2400 |
| CONCOR | 647.95 | 700 |
| CROMPTON | 324.65 | 340 |
| CUMMINSIND | 2677.35 | 3000 |
| CYIENT | 1092.25 | 1200 |
| DABUR | 446.5 | 470 |
| DALBHARAT | 1760.85 | 1800 |
| DEEPAKNTR | 1814.5 | 1900 |
| DELHIVERY | 262.05 | 260 |
| DIVISLAB | 5256.4 | 5600 |
| DIXON | 12441.35 | 13500 |
| DLF | 607 | 670 |
| DMART | 3968 | 4000 |
| DRREDDY | 1093.4 | 1130 |
| EICHERMOT | 5067.55 | 5300 |
| ESCORTS | 3017 | 3200 |
| EXIDEIND | 347.5 | 370 |
| FEDERALBNK | 189.01 | 195 |
| GAIL | 166.09 | 180 |
| GLENMARK | 1449.75 | 1500 |
| GMRAIRPORT | 81.7 | 80 |
| GODREJCP | 1159.05 | 1160 |
| GODREJPROP | 1920.05 | 2100 |
| GOLDM | 88250 | 88000 |
| GRANULES | 431.8 | 490 |
| GRASIM | 2473.05 | 2580 |
| HAL | 3934.85 | 4200 |
| HAVELLS | 1424.5 | 1500 |
| HCLTECH | 1341.7 | 1480 |
| HDFCAMC | 3690.1 | 3950 |
| HDFCBANK | 1745.55 | 1800 |
| HDFCLIFE | 655.7 | 680 |
| HEROMOTOCO | 3480 | 3700 |
| HFCL | 73.31 | 80 |
| HINDALCO | 561 | 620 |
| HINDCOPPER | 187.02 | 210 |
| HINDPETRO | 359.15 | 360 |
| HINDUNILVR | 2231.85 | 2260 |
| HINDZINC | 398.65 | 430 |
| HUDCO | 191.29 | 200 |
| ICICIBANK | 1268.65 | 1330 |
| ICICIGI | 1726.75 | 1800 |
| ICICIPRULI | 536.05 | 560 |
| IDEA | 7.24 | 8 |
| IDFCFIRSTB | 55.92 | 58 |
| IEX | 172 | 177.5 |
| IGL | 188.98 | 195 |
| IIFL | 321.9 | 325 |
| INDHOTEL | 739.4 | 800 |
| INDIANB | 530.75 | 550 |
| INDIGO | 4898.6 | 5000 |
| INDUSINDBK | 664.9 | 700 |
| INDUSTOWER | 350.7 | 355 |
| INFY | 1373.75 | 1520 |
| INOXWIND | 140.38 | 155 |
| IOC | 127.58 | 130 |
| IRB | 42.83 | 45 |
| IRCTC | 689.5 | 720 |
| IREDA | 146.77 | 155 |
| IRFC | 120.24 | 125 |
| ITC | 399.75 | 410 |
| JINDALSTEL | 792 | 900 |
| JIOFIN | 210.41 | 230 |
| JSL | 514.35 | 590 |
| JSWENERGY | 478.2 | 520 |
| JSWSTEEL | 911.85 | 1000 |
| JUBLFOOD | 654.75 | 670 |
| KALYANKJIL | 470.7 | 490 |
| KEI | 2480.9 | 2700 |
| KOTAKBANK | 2012.55 | 2100 |
| KPITTECH | 1050.7 | 1180 |
| LAURUSLABS | 553.65 | 590 |
| LICHSGFIN | 545.3 | 560 |
| LICI | 760.6 | 800 |
| LODHA | 1122.6 | 1160 |
| LT | 3037.15 | 3350 |
| LTF | 146.48 | 150 |
| LTIM | 3989.25 | 4300 |
| LUPIN | 1936.25 | 2000 |
| M&M | 2471.45 | 2700 |
| M&MFIN | 249 | 270 |
| MANAPPURAM | 221.74 | 230 |
| MARICO | 660.5 | 650 |
| MARUTI | 11223.9 | 11400 |
| MAXHEALTH | 1070.15 | 1120 |
| MCX | 4880 | 5300 |
| MFSL | 1114.45 | 1140 |
| MGL | 1275.55 | 1360 |
| MOTHERSON | 112.1 | 125 |
| MPHASIS | 2080.85 | 2240 |
| MRF | 109868.5 | 114000 |
| MUTHOOTFIN | 2254.3 | 2300 |
| NATIONALUM | 143.07 | 170 |
| NAUKRI | 6257.75 | 6700 |
| NBCC | 77.81 | 82.5 |
| NCC | 193.45 | 210 |
| NESTLEIND | 2225.9 | 2240 |
| NHPC | 81.51 | 84 |
| NMDC | 60.15 | 68 |
| NTPC | 344.8 | 355 |
| NYKAA | 173.5 | 175 |
| OBEROIRLTY | 1480.5 | 1580 |
| OFSS | 7150 | 7600 |
| OIL | 338.25 | 370 |
| ONGC | 216.67 | 235 |
| PAGEIND | 40894.2 | 43000 |
| PATANJALI | 1760.05 | 1800 |
| PAYTM | 771.05 | 800 |
| PEL | 930 | 980 |
| PERSISTENT | 4446.5 | 4800 |
| PETRONET | 274.5 | 290 |
| PFC | 387.2 | 420 |
| PHOENIXLTD | 1568.9 | 1600 |
| PIDILITIND | 2831.6 | 2860 |
| PIIND | 3245.55 | 3400 |
| PNB | 94.54 | 97 |
| PNBHOUSING | 893.95 | 900 |
| POLICYBZR | 1417.5 | 1550 |
| POLYCAB | 4757.85 | 5000 |
| POONAWALLA | 342.6 | 345 |
| POWERGRID | 285.45 | 295 |
| PRESTIGE | 1059.6 | 1150 |
| RAMCOCEM | 918.4 | 920 |
| RBLBANK | 167.12 | 172.5 |
| RECLTD | 377.3 | 420 |
| RELIANCE | 1149.55 | 1250 |
| SAIL | 103.9 | 115 |
| SBICARD | 803.7 | 850 |
| SBILIFE | 1451.15 | 1540 |
| SBIN | 738.5 | 780 |
| SHREECEM | 29485.5 | 30500 |
| SHRIRAMFIN | 599.2 | 640 |
| SIEMENS | 2822 | 3000 |
| SILVER | 88257 | 95000 |
| SJVN | 87.7 | 91 |
| SOLARINDS | 10642.2 | 11000 |
| SONACOMS | 406.35 | 440 |
| SRF | 2690.85 | 2860 |
| SUNPHARMA | 1660.9 | 1720 |
| SUPREMEIND | 3117.1 | 3350 |
| SYNGENE | 700.35 | 720 |
| TATACHEM | 789.85 | 860 |
| TATACOMM | 1531.75 | 1600 |
| TATACONSUM | 1043 | 1050 |
| TATAELXSI | 4724.15 | 5000 |
| TATAMOTORS | 566.45 | 630 |
| TATAPOWER | 350.4 | 380 |
| TATASTEEL | 128.12 | 145 |
| TATATECH | 603.35 | 650 |
| TCS | 3167.2 | 3440 |
| TECHM | 1263.05 | 1380 |
| TIINDIA | 2580.55 | 2700 |
| TITAGARH | 731.75 | 780 |
| TITAN | 2991.05 | 3100 |
| TORNTPHARM | 3249.65 | 3250 |
| TORNTPOWER | 1480 | 1500 |
| TRENT | 4656.45 | 5100 |
| TVSMOTOR | 2342.85 | 2440 |
| ULTRACEMCO | 11080.8 | 11300 |
| UNIONBANK | 116.36 | 121 |
| UNITDSPR | 1399.85 | 1400 |
| UPL | 607.45 | 640 |
| VBL | 510.2 | 530 |
| VEDL | 370.85 | 420 |
| VOLTAS | 1274.25 | 1360 |
| WIPRO | 235.95 | 255 |
| YESBANK | 16.55 | 17 |
| ZOMATO | 204.36 | 210 |
| ZYDUSLIFE | 848.95 | 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:
- 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.
