COFORGE
Coforge Limited
Max pain for COFORGE
13 Mar 2025 04:10 PM IST
Max Pain for COFORGE is 7500
Strike 6000 has a total call value of 0 versus a total put value of 122,826,000,000 Combined total value = 122,826,000,000
Strike 6100 has a total call value of 0 versus a total put value of 113,038,500,000 Combined total value = 113,038,500,000
Strike 6200 has a total call value of 0 versus a total put value of 103,251,000,000 Combined total value = 103,251,000,000
Strike 6300 has a total call value of 0 versus a total put value of 93,636,750,000 Combined total value = 93,636,750,000
Strike 6400 has a total call value of 0 versus a total put value of 84,103,500,000 Combined total value = 84,103,500,000
Strike 6500 has a total call value of 0 versus a total put value of 74,753,250,000 Combined total value = 74,753,250,000
Strike 6600 has a total call value of 0 versus a total put value of 65,867,250,000 Combined total value = 65,867,250,000
Strike 6700 has a total call value of 0 versus a total put value of 57,311,250,000 Combined total value = 57,311,250,000
Strike 6800 has a total call value of 0 versus a total put value of 49,023,750,000 Combined total value = 49,023,750,000
Strike 6900 has a total call value of 0 versus a total put value of 41,400,750,000 Combined total value = 41,400,750,000
Strike 7000 has a total call value of 0 versus a total put value of 33,973,500,000 Combined total value = 33,973,500,000
Strike 7100 has a total call value of 123,750,000 versus a total put value of 27,682,500,000 Combined total value = 27,806,250,000
Strike 7200 has a total call value of 343,500,000 versus a total put value of 21,855,750,000 Combined total value = 22,199,250,000
Strike 7300 has a total call value of 960,000,000 versus a total put value of 16,669,500,000 Combined total value = 17,629,500,000
Strike 7400 has a total call value of 2,305,500,000 versus a total put value of 12,301,500,000 Combined total value = 14,607,000,000
Strike 7500 has a total call value of 5,532,000,000 versus a total put value of 8,751,750,000 Combined total value = 14,283,750,000
Strike 7600 has a total call value of 10,548,000,000 versus a total put value of 6,326,250,000 Combined total value = 16,874,250,000
Strike 7700 has a total call value of 16,825,500,000 versus a total put value of 4,260,750,000 Combined total value = 21,086,250,000
Strike 7800 has a total call value of 24,336,750,000 versus a total put value of 2,633,250,000 Combined total value = 26,970,000,000
Strike 7900 has a total call value of 33,177,750,000 versus a total put value of 1,473,000,000 Combined total value = 34,650,750,000
Strike 8000 has a total call value of 42,825,750,000 versus a total put value of 738,750,000 Combined total value = 43,564,500,000
Strike 8100 has a total call value of 55,283,250,000 versus a total put value of 595,500,000 Combined total value = 55,878,750,000
Strike 8200 has a total call value of 68,333,250,000 versus a total put value of 452,250,000 Combined total value = 68,785,500,000
Strike 8300 has a total call value of 82,174,500,000 versus a total put value of 309,000,000 Combined total value = 82,483,500,000
Strike 8400 has a total call value of 96,622,500,000 versus a total put value of 165,750,000 Combined total value = 96,788,250,000
Strike 8500 has a total call value of 111,708,750,000 versus a total put value of 22,500,000 Combined total value = 111,731,250,000
Strike 8600 has a total call value of 128,832,000,000 versus a total put value of 13,500,000 Combined total value = 128,845,500,000
Strike 8700 has a total call value of 146,710,500,000 versus a total put value of 11,250,000 Combined total value = 146,721,750,000
Strike 8800 has a total call value of 165,087,000,000 versus a total put value of 9,000,000 Combined total value = 165,096,000,000
Strike 8900 has a total call value of 183,868,500,000 versus a total put value of 6,750,000 Combined total value = 183,875,250,000
Strike 9000 has a total call value of 202,789,500,000 versus a total put value of 4,500,000 Combined total value = 202,794,000,000
Strike 9100 has a total call value of 222,417,000,000 versus a total put value of 2,250,000 Combined total value = 222,419,250,000
Strike 9200 has a total call value of 242,229,000,000 versus a total put value of 0 Combined total value = 242,229,000,000
Strike 9300 has a total call value of 262,182,000,000 versus a total put value of 0 Combined total value = 262,182,000,000
Strike 9400 has a total call value of 282,243,000,000 versus a total put value of 0 Combined total value = 282,243,000,000
Strike 9500 has a total call value of 302,415,000,000 versus a total put value of 0 Combined total value = 302,415,000,000
Strike 9600 has a total call value of 322,587,000,000 versus a total put value of 0 Combined total value = 322,587,000,000
Strike 9700 has a total call value of 342,814,500,000 versus a total put value of 0 Combined total value = 342,814,500,000
Strike 9800 has a total call value of 363,042,000,000 versus a total put value of 0 Combined total value = 363,042,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 382.75 | 400 |
| ABB | 5118.55 | 5200 |
| ABCAPITAL | 162.19 | 162.5 |
| ABFRL | 240.05 | 250 |
| ACC | 1854 | 1860 |
| ADANIENSOL | 783.2 | 760 |
| ADANIENT | 2221.1 | 2380 |
| ADANIGREEN | 873.65 | 840 |
| ADANIPORTS | 1119.2 | 1120 |
| ALKEM | 4706.95 | 4700 |
| AMBUJACEM | 485.8 | 485 |
| ANGELONE | 1953.5 | 2000 |
| APLAPOLLO | 1372.8 | 1400 |
| APOLLOHOSP | 6105.65 | 6150 |
| APOLLOTYRE | 400.95 | 400 |
| ASHOKLEY | 196.63 | 205 |
| ASIANPAINT | 2231.3 | 2260 |
| ASTRAL | 1238.3 | 1300 |
| ATGL | 604.35 | 580 |
| AUBANK | 502.85 | 530 |
| AUROPHARMA | 1094.75 | 1100 |
| AXISBANK | 1010.2 | 1020 |
| BAJAJ-AUTO | 7504.7 | 7600 |
| BAJAJFINSV | 1807.45 | 1820 |
| BAJFINANCE | 8420.45 | 8400 |
| BALKRISIND | 2499.05 | 2520 |
| BANDHANBNK | 139.84 | 145 |
| BANKBARODA | 205.52 | 210 |
| BANKINDIA | 94.12 | 96 |
| BEL | 280.07 | 275 |
| BERGEPAINT | 488.2 | 490 |
| BHARATFORG | 1039.25 | 1040 |
| BHARTIARTL | 1632.5 | 1640 |
| BHEL | 193.33 | 200 |
| BIOCON | 323.05 | 320 |
| BOSCHLTD | 26378.35 | 27000 |
| BPCL | 264.41 | 260 |
| BRITANNIA | 4728.25 | 4750 |
| BSE | 3926.25 | 4300 |
| BSOFT | 385.75 | 400 |
| CAMS | 3410.1 | 3400 |
| CANBK | 82.9 | 85 |
| CDSL | 1071 | 1100 |
| CESC | 138.67 | 135 |
| CGPOWER | 599.1 | 600 |
| CHAMBLFERT | 556.55 | 560 |
| CHOLAFIN | 1444.7 | 1420 |
| CIPLA | 1461.9 | 1440 |
| COALINDIA | 378.3 | 380 |
| COFORGE | 7292.25 | 7500 |
| COLPAL | 2411.7 | 2480 |
| CONCOR | 640.25 | 670 |
| CROMPTON | 344.25 | 350 |
| CUMMINSIND | 2835.25 | 2850 |
| CYIENT | 1192.35 | 1240 |
| DABUR | 500.95 | 500 |
| DALBHARAT | 1607.1 | 1680 |
| DEEPAKNTR | 1948.6 | 1900 |
| DELHIVERY | 241.76 | 250 |
| DIVISLAB | 5620.45 | 5650 |
| DIXON | 13324.05 | 13500 |
| DLF | 658.1 | 660 |
| DMART | 3797.1 | 3750 |
| DRREDDY | 1107.95 | 1120 |
| EICHERMOT | 5015.25 | 5000 |
| ESCORTS | 2908.5 | 3000 |
| EXIDEIND | 333 | 350 |
| FEDERALBNK | 176.6 | 180 |
| GAIL | 157.96 | 160 |
| GLENMARK | 1405.15 | 1380 |
| GMRAIRPORT | 74.33 | 72 |
| GODREJCP | 1025.8 | 1030 |
| GODREJPROP | 1969.1 | 2000 |
| GRANULES | 470.65 | 490 |
| GRASIM | 2370.2 | 2400 |
| HAL | 3396.15 | 3450 |
| HAVELLS | 1458.65 | 1460 |
| HCLTECH | 1534.75 | 1560 |
| HDFCAMC | 3725.1 | 3750 |
| HDFCBANK | 1706.6 | 1720 |
| HDFCLIFE | 622.4 | 620 |
| HEROMOTOCO | 3529.15 | 3650 |
| HFCL | 77.55 | 82.5 |
| HINDALCO | 677.35 | 660 |
| HINDCOPPER | 215.8 | 225 |
| HINDPETRO | 323.7 | 325 |
| HINDUNILVR | 2174.8 | 2220 |
| HUDCO | 180.76 | 180 |
| ICICIBANK | 1250.05 | 1250 |
| ICICIGI | 1678.75 | 1680 |
| ICICIPRULI | 536.6 | 550 |
| IDEA | 6.95 | 8 |
| IDFCFIRSTB | 53.48 | 57 |
| IEX | 153.56 | 160 |
| IGL | 184.88 | 190 |
| IIFL | 313.25 | 310 |
| INDHOTEL | 750.45 | 750 |
| INDIANB | 490.4 | 500 |
| INDIGO | 4700.85 | 4600 |
| INDUSINDBK | 672.35 | 750 |
| INDUSTOWER | 327 | 330 |
| INFY | 1579.85 | 1600 |
| IOC | 125.67 | 125 |
| IRB | 42.8 | 45 |
| IRCTC | 689.05 | 700 |
| IREDA | 139.85 | 140 |
| IRFC | 117.69 | 117.5 |
| ITC | 412.05 | 410 |
| JINDALSTEL | 889.7 | 900 |
| JIOFIN | 222.6 | 220 |
| JKCEMENT | 4271.3 | 4400 |
| JSL | 632.3 | 640 |
| JSWENERGY | 514.1 | 500 |
| JSWSTEEL | 1001.2 | 1000 |
| JUBLFOOD | 596.35 | 610 |
| KALYANKJIL | 430.9 | 420 |
| KEI | 3053.95 | 3000 |
| KOTAKBANK | 1985.1 | 1960 |
| KPITTECH | 1206.45 | 1260 |
| LAURUSLABS | 574.05 | 560 |
| LICHSGFIN | 515.6 | 520 |
| LICI | 740.15 | 760 |
| LODHA | 1055.25 | 1100 |
| LT | 3187.3 | 3250 |
| LTF | 138.64 | 140 |
| LTIM | 4467.05 | 4700 |
| LTTS | 4378.2 | 4500 |
| LUPIN | 1968.45 | 1980 |
| M&M | 2643.5 | 2700 |
| M&MFIN | 271.35 | 275 |
| MANAPPURAM | 208.14 | 200 |
| MARICO | 606.3 | 610 |
| MARUTI | 11513.8 | 11700 |
| MAXHEALTH | 990.7 | 1000 |
| MCX | 4808.45 | 4900 |
| MFSL | 1052.55 | 1040 |
| MGL | 1285.95 | 1300 |
| MOTHERSON | 121.76 | 125 |
| MPHASIS | 2205.15 | 2250 |
| MRF | 105041.6 | 105000 |
| MUTHOOTFIN | 2196.35 | 2180 |
| NATIONALUM | 187.87 | 190 |
| NAUKRI | 6382.55 | 6700 |
| NBCC | 77.89 | 80 |
| NCC | 185.86 | 185 |
| NESTLEIND | 2191.95 | 2220 |
| NHPC | 77.57 | 77 |
| NMDC | 63.8 | 65 |
| NTPC | 331.9 | 325 |
| NYKAA | 164.56 | 165 |
| OBEROIRLTY | 1533.5 | 1560 |
| OFSS | 7328 | 7500 |
| OIL | 375.5 | 370 |
| ONGC | 225.43 | 227.5 |
| PAGEIND | 40099.25 | 40000 |
| PATANJALI | 1718.6 | 1700 |
| PAYTM | 682.85 | 700 |
| PEL | 885.95 | 920 |
| PERSISTENT | 5125.75 | 5200 |
| PETRONET | 281 | 290 |
| PFC | 388.35 | 390 |
| PHOENIXLTD | 1564.5 | 1600 |
| PIDILITIND | 2729.9 | 2740 |
| PIIND | 3297.3 | 3200 |
| PNB | 87.2 | 90 |
| POLICYBZR | 1331.9 | 1400 |
| POLYCAB | 5003.1 | 5000 |
| POONAWALLA | 281.35 | 280 |
| POWERGRID | 267.65 | 265 |
| PRESTIGE | 1129.6 | 1150 |
| RAMCOCEM | 801.55 | 820 |
| RBLBANK | 156.32 | 160 |
| RECLTD | 406.65 | 400 |
| RELIANCE | 1247.9 | 1240 |
| SAIL | 105.89 | 110 |
| SBICARD | 829.85 | 840 |
| SBILIFE | 1385.55 | 1420 |
| SBIN | 727.85 | 730 |
| SHREECEM | 27495.15 | 27750 |
| SHRIRAMFIN | 619.55 | 620 |
| SIEMENS | 4927.9 | 5000 |
| SJVN | 85.42 | 85 |
| SOLARINDS | 10097.15 | 9800 |
| SONACOMS | 485.8 | 500 |
| SRF | 2951.8 | 2860 |
| SUNPHARMA | 1683.45 | 1640 |
| SUPREMEIND | 3343.75 | 3400 |
| SYNGENE | 666.2 | 680 |
| TATACHEM | 796.1 | 820 |
| TATACOMM | 1503.95 | 1460 |
| TATACONSUM | 946.1 | 960 |
| TATAELXSI | 5236.75 | 5400 |
| TATAMOTORS | 655.5 | 650 |
| TATAPOWER | 350.75 | 360 |
| TATASTEEL | 150.88 | 150 |
| TATATECH | 636.8 | 650 |
| TCS | 3511.05 | 3600 |
| TECHM | 1440.65 | 1480 |
| TIINDIA | 2926.55 | 2800 |
| TITAGARH | 694.3 | 700 |
| TITAN | 3010.15 | 3100 |
| TORNTPHARM | 3056.05 | 3000 |
| TORNTPOWER | 1291.2 | 1340 |
| TRENT | 5022.4 | 5000 |
| TVSMOTOR | 2250.9 | 2300 |
| ULTRACEMCO | 10452.1 | 10400 |
| UNIONBANK | 113.7 | 115 |
| UNITDSPR | 1353.7 | 1300 |
| UPL | 601.45 | 620 |
| USDINR | 87.09 | 77.25 |
| VBL | 488.15 | 480 |
| VEDL | 442.95 | 440 |
| VOLTAS | 1402.55 | 1380 |
| WIPRO | 264 | 270 |
| YESBANK | 16.19 | 17 |
| ZOMATO | 201.43 | 210 |
| ZYDUSLIFE | 883.1 | 900 |
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.
