COFORGE
Coforge Limited
Max pain for COFORGE
24 Jan 2025 04:00 PM IST
Max Pain for COFORGE is 9000
Strike 7000 has a total call value of 0 versus a total put value of 288,958,500,000 Combined total value = 288,958,500,000
Strike 7100 has a total call value of 0 versus a total put value of 270,645,750,000 Combined total value = 270,645,750,000
Strike 7200 has a total call value of 0 versus a total put value of 252,333,000,000 Combined total value = 252,333,000,000
Strike 7300 has a total call value of 0 versus a total put value of 234,276,750,000 Combined total value = 234,276,750,000
Strike 7400 has a total call value of 0 versus a total put value of 216,222,000,000 Combined total value = 216,222,000,000
Strike 7500 has a total call value of 0 versus a total put value of 198,726,750,000 Combined total value = 198,726,750,000
Strike 7600 has a total call value of 0 versus a total put value of 181,297,500,000 Combined total value = 181,297,500,000
Strike 7700 has a total call value of 0 versus a total put value of 164,823,000,000 Combined total value = 164,823,000,000
Strike 7800 has a total call value of 0 versus a total put value of 148,440,000,000 Combined total value = 148,440,000,000
Strike 7900 has a total call value of 15,750,000 versus a total put value of 132,324,000,000 Combined total value = 132,339,750,000
Strike 8000 has a total call value of 31,500,000 versus a total put value of 116,438,250,000 Combined total value = 116,469,750,000
Strike 8100 has a total call value of 213,000,000 versus a total put value of 101,676,750,000 Combined total value = 101,889,750,000
Strike 8200 has a total call value of 394,500,000 versus a total put value of 87,442,500,000 Combined total value = 87,837,000,000
Strike 8300 has a total call value of 888,000,000 versus a total put value of 74,037,750,000 Combined total value = 74,925,750,000
Strike 8400 has a total call value of 1,662,000,000 versus a total put value of 61,059,000,000 Combined total value = 62,721,000,000
Strike 8500 has a total call value of 2,686,500,000 versus a total put value of 48,658,500,000 Combined total value = 51,345,000,000
Strike 8600 has a total call value of 4,243,500,000 versus a total put value of 39,087,000,000 Combined total value = 43,330,500,000
Strike 8700 has a total call value of 6,149,250,000 versus a total put value of 30,414,750,000 Combined total value = 36,564,000,000
Strike 8800 has a total call value of 8,298,750,000 versus a total put value of 22,764,750,000 Combined total value = 31,063,500,000
Strike 8900 has a total call value of 10,953,750,000 versus a total put value of 16,644,750,000 Combined total value = 27,598,500,000
Strike 9000 has a total call value of 14,010,000,000 versus a total put value of 11,737,500,000 Combined total value = 25,747,500,000
Strike 9100 has a total call value of 18,199,500,000 versus a total put value of 8,250,000,000 Combined total value = 26,449,500,000
Strike 9200 has a total call value of 22,785,000,000 versus a total put value of 5,531,250,000 Combined total value = 28,316,250,000
Strike 9300 has a total call value of 28,058,250,000 versus a total put value of 3,776,250,000 Combined total value = 31,834,500,000
Strike 9400 has a total call value of 34,707,750,000 versus a total put value of 2,496,000,000 Combined total value = 37,203,750,000
Strike 9500 has a total call value of 42,494,250,000 versus a total put value of 1,547,250,000 Combined total value = 44,041,500,000
Strike 9600 has a total call value of 52,712,250,000 versus a total put value of 966,000,000 Combined total value = 53,678,250,000
Strike 9700 has a total call value of 64,236,000,000 versus a total put value of 573,750,000 Combined total value = 64,809,750,000
Strike 9800 has a total call value of 76,815,000,000 versus a total put value of 297,750,000 Combined total value = 77,112,750,000
Strike 9900 has a total call value of 90,317,250,000 versus a total put value of 133,500,000 Combined total value = 90,450,750,000
Strike 10000 has a total call value of 104,601,750,000 versus a total put value of 0 Combined total value = 104,601,750,000
Strike 10100 has a total call value of 120,927,000,000 versus a total put value of 0 Combined total value = 120,927,000,000
Strike 10200 has a total call value of 137,640,750,000 versus a total put value of 0 Combined total value = 137,640,750,000
Strike 10300 has a total call value of 155,013,750,000 versus a total put value of 0 Combined total value = 155,013,750,000
Strike 10400 has a total call value of 172,628,250,000 versus a total put value of 0 Combined total value = 172,628,250,000
Strike 10500 has a total call value of 190,619,250,000 versus a total put value of 0 Combined total value = 190,619,250,000
Strike 10600 has a total call value of 209,263,500,000 versus a total put value of 0 Combined total value = 209,263,500,000
Strike 10700 has a total call value of 228,214,500,000 versus a total put value of 0 Combined total value = 228,214,500,000
Strike 10800 has a total call value of 247,284,750,000 versus a total put value of 0 Combined total value = 247,284,750,000
Strike 10900 has a total call value of 266,732,250,000 versus a total put value of 0 Combined total value = 266,732,250,000
Strike 11000 has a total call value of 286,179,750,000 versus a total put value of 0 Combined total value = 286,179,750,000
Strike 11100 has a total call value of 305,907,750,000 versus a total put value of 0 Combined total value = 305,907,750,000
Strike 11200 has a total call value of 325,693,500,000 versus a total put value of 0 Combined total value = 325,693,500,000
Strike 11300 has a total call value of 345,485,250,000 versus a total put value of 0 Combined total value = 345,485,250,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.05 | 435 |
ABB | 6178.9 | 6400 |
ABBOTINDIA | 27282.35 | 28000 |
ABCAPITAL | 170.43 | 180 |
ABFRL | 271.9 | 275 |
ACC | 2058.95 | 2080 |
ADANIENSOL | 790.45 | 800 |
ADANIENT | 2315.1 | 2400 |
ADANIGREEN | 1012.1 | 1020 |
ADANIPORTS | 1094.15 | 1160 |
ALKEM | 5022.7 | 5300 |
AMBUJACEM | 551.8 | 550 |
ANGELONE | 2334.35 | 2500 |
APLAPOLLO | 1561.4 | 1560 |
APOLLOHOSP | 6745.05 | 6900 |
APOLLOTYRE | 423.4 | 450 |
ASHOKLEY | 204.3 | 210 |
ASIANPAINT | 2262.4 | 2300 |
ASTRAL | 1468.35 | 1560 |
ATGL | 641.5 | 660 |
ATUL | 6547.1 | 6700 |
AUBANK | 594.65 | 585 |
AUROPHARMA | 1212.2 | 1220 |
AXISBANK | 948.5 | 990 |
BAJAJ-AUTO | 8401.5 | 8700 |
BAJAJFINSV | 1728.7 | 1680 |
BAJFINANCE | 7438.6 | 7300 |
BALKRISIND | 2652.2 | 2740 |
BANDHANBNK | 148.83 | 157.5 |
BANKBARODA | 225.21 | 235 |
BANKINDIA | 98.37 | 100 |
BATAINDIA | 1281.35 | 1320 |
BEL | 270.15 | 280 |
BERGEPAINT | 480.1 | 465 |
BHARATFORG | 1216.55 | 1240 |
BHARTIARTL | 1644.8 | 1640 |
BHEL | 200.19 | 215 |
BIOCON | 388.25 | 380 |
BOSCHLTD | 30356.5 | 32500 |
BPCL | 263.8 | 270 |
BRITANNIA | 5101.55 | 4850 |
BSE | 5835.6 | 5700 |
BSOFT | 545.7 | 550 |
CAMS | 4101.1 | 4300 |
CANBK | 96.75 | 100 |
CANFINHOME | 682.7 | 700 |
CDSL | 1500.25 | 1580 |
CESC | 139 | 145.5 |
CGPOWER | 620.55 | 650 |
CHAMBLFERT | 496.05 | 500 |
CHOLAFIN | 1223.05 | 1260 |
CIPLA | 1411.4 | 1460 |
COALINDIA | 383.05 | 390 |
COFORGE | 9234.6 | 9000 |
COLPAL | 2751.9 | 2750 |
CONCOR | 754.35 | 780 |
COROMANDEL | 1815.05 | 1860 |
CROMPTON | 339.7 | 355 |
CUB | 167.66 | 170 |
CUMMINSIND | 2804.05 | 3000 |
CYIENT | 1344.9 | 1460 |
DABUR | 521.65 | 520 |
DALBHARAT | 1802.95 | 1780 |
DEEPAKNTR | 2292.55 | 2400 |
DELHIVERY | 321.75 | 330 |
DIVISLAB | 5762.6 | 5850 |
DIXON | 15584.9 | 16000 |
DLF | 695.25 | 730 |
DMART | 3579.95 | 3700 |
DRREDDY | 1224.4 | 1250 |
EICHERMOT | 5206.3 | 5100 |
ESCORTS | 3466.3 | 3400 |
EXIDEIND | 369.05 | 400 |
FEDERALBNK | 188.11 | 195 |
GAIL | 175.84 | 185 |
GLENMARK | 1450.1 | 1500 |
GMRAIRPORT | 71.49 | 77 |
GMRINFRA | 0 | 32 |
GNFC | 556.45 | 560 |
GODREJCP | 1130.35 | 1130 |
GODREJPROP | 2155 | 2300 |
GRANULES | 582 | 590 |
GRASIM | 2490.75 | 2480 |
GUJGASLTD | 494.75 | 500 |
HAL | 3849.8 | 4050 |
HAVELLS | 1523.2 | 1560 |
HCLTECH | 1792.85 | 1820 |
HDFCAMC | 3877.8 | 4000 |
HDFCBANK | 1649.8 | 1680 |
HDFCLIFE | 621.1 | 630 |
HEROMOTOCO | 4051.9 | 4150 |
HFCL | 99.15 | 102.5 |
HINDALCO | 606.9 | 600 |
HINDCOPPER | 242.05 | 250 |
HINDPETRO | 352.85 | 365 |
HINDUNILVR | 2368.1 | 2360 |
HUDCO | 219.84 | 220 |
ICICIBANK | 1209.2 | 1230 |
ICICIGI | 1815.65 | 1880 |
ICICIPRULI | 590.5 | 600 |
IDEA | 9.46 | 9 |
IDFCFIRSTB | 62.27 | 63 |
IEX | 169.33 | 172.5 |
IGL | 383.25 | 400 |
INDHOTEL | 781.2 | 800 |
INDIAMART | 2083.4 | 2140 |
INDIANB | 501.25 | 520 |
INDIGO | 4161.8 | 4200 |
INDUSINDBK | 950.8 | 980 |
INDUSTOWER | 367.95 | 355 |
INFY | 1875.45 | 1880 |
IOC | 128.26 | 132.5 |
IPCALAB | 1515.85 | 1580 |
IRB | 51.94 | 54 |
IRCTC | 787.5 | 800 |
IRFC | 140.68 | 137.5 |
ITC | 441.6 | 445 |
JINDALSTEL | 882.8 | 920 |
JIOFIN | 244.45 | 265 |
JKCEMENT | 4755.9 | 4700 |
JSL | 634.1 | 630 |
JSWENERGY | 544.15 | 570 |
JSWSTEEL | 932.45 | 930 |
JUBLFOOD | 671 | 700 |
KALYANKJIL | 458.75 | 540 |
KEI | 4253.5 | 4300 |
KOTAKBANK | 1886.2 | 1860 |
KPITTECH | 1322.9 | 1380 |
LALPATHLAB | 2828.85 | 2900 |
LAURUSLABS | 602.65 | 590 |
LICHSGFIN | 573.3 | 580 |
LICI | 821.25 | 850 |
LODHA | 1099.55 | 1120 |
LT | 3458.2 | 3600 |
LTF | 139.68 | 140 |
LTIM | 5998.15 | 5900 |
LTTS | 5431 | 5300 |
LUPIN | 2134.25 | 2180 |
M&M | 2801.4 | 2900 |
M&MFIN | 268.05 | 270 |
MANAPPURAM | 196.71 | 185 |
MARICO | 666.2 | 660 |
MARUTI | 11967.9 | 11700 |
MAXHEALTH | 1055.75 | 1080 |
MCX | 5739.5 | 5800 |
METROPOLIS | 1802.2 | 1920 |
MFSL | 1040.3 | 1060 |
MGL | 1278.45 | 1280 |
MOTHERSON | 142.99 | 150 |
MPHASIS | 3009.3 | 2950 |
MRF | 111484.55 | 115000 |
MUTHOOTFIN | 2173.4 | 2180 |
NATIONALUM | 203.2 | 210 |
NAUKRI | 7447.05 | 7700 |
NAVINFLUOR | 3709.45 | 3700 |
NCC | 235.95 | 250 |
NESTLEIND | 2207.9 | 2200 |
NHPC | 76.88 | 78 |
NMDC | 66.77 | 68 |
NTPC | 323.65 | 325 |
NYKAA | 167.37 | 170 |
OBEROIRLTY | 1756.75 | 1840 |
OFSS | 9805.65 | 10250 |
OIL | 424.5 | 450 |
ONGC | 256.51 | 257.5 |
PAGEIND | 46395.25 | 47000 |
PAYTM | 807.45 | 860 |
PEL | 990.45 | 1080 |
PERSISTENT | 6360.65 | 6200 |
PETRONET | 322.7 | 335 |
PFC | 408.4 | 440 |
PIDILITIND | 2854.55 | 2880 |
PIIND | 3501.6 | 3550 |
PNB | 97.62 | 100 |
POLICYBZR | 1694.7 | 1750 |
POLYCAB | 5915.8 | 6200 |
POONAWALLA | 317 | 320 |
POWERGRID | 295.85 | 305 |
PRESTIGE | 1255.65 | 1350 |
PVRINOX | 1064.1 | 1140 |
RAMCOCEM | 888.75 | 910 |
RBLBANK | 155.73 | 160 |
RECLTD | 446.25 | 480 |
RELIANCE | 1246.3 | 1250 |
SAIL | 108.17 | 110 |
SBICARD | 758.3 | 750 |
SBILIFE | 1440.4 | 1460 |
SBIN | 744.15 | 770 |
SHREECEM | 25783.15 | 26000 |
SHRIRAMFIN | 527.45 | 540 |
SIEMENS | 5879.7 | 6100 |
SJVN | 95.46 | 97.5 |
SONACOMS | 525.05 | 550 |
SRF | 2583.95 | 2560 |
SUNPHARMA | 1822.2 | 1800 |
SUNTV | 640.45 | 660 |
SUPREMEIND | 3803.2 | 4000 |
SYNGENE | 796.1 | 820 |
TATACHEM | 956.9 | 1000 |
TATACOMM | 1629.45 | 1700 |
TATACONSUM | 992.35 | 960 |
TATAELXSI | 6372.7 | 6300 |
TATAMOTORS | 734.1 | 760 |
TATAPOWER | 363.4 | 380 |
TATASTEEL | 129.74 | 135 |
TCS | 4152.35 | 4150 |
TECHM | 1723.05 | 1700 |
TIINDIA | 3232.15 | 3400 |
TITAN | 3402.15 | 3400 |
TORNTPHARM | 3248.4 | 3300 |
TRENT | 5490.45 | 6000 |
TVSMOTOR | 2270.7 | 2300 |
UBL | 2064.85 | 2040 |
ULTRACEMCO | 11285.85 | 11200 |
UNIONBANK | 107.3 | 110 |
UNITDSPR | 1469.75 | 1500 |
UPL | 552 | 540 |
VBL | 541.7 | 550 |
VEDL | 442 | 460 |
VOLTAS | 1456.6 | 1540 |
WIPRO | 320.1 | 310 |
YESBANK | 18.24 | 19 |
ZOMATO | 215.6 | 230 |
ZYDUSLIFE | 957.6 | 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.