COFORGE
Coforge Limited
Max pain for COFORGE
17 Feb 2025 04:10 PM IST
Max Pain for COFORGE is 8100
Strike 6800 has a total call value of 0 versus a total put value of 86,439,750,000 Combined total value = 86,439,750,000
Strike 6900 has a total call value of 9,000,000 versus a total put value of 78,468,750,000 Combined total value = 78,477,750,000
Strike 7000 has a total call value of 18,000,000 versus a total put value of 70,497,750,000 Combined total value = 70,515,750,000
Strike 7100 has a total call value of 27,750,000 versus a total put value of 63,164,250,000 Combined total value = 63,192,000,000
Strike 7200 has a total call value of 37,500,000 versus a total put value of 55,830,750,000 Combined total value = 55,868,250,000
Strike 7300 has a total call value of 52,500,000 versus a total put value of 48,831,750,000 Combined total value = 48,884,250,000
Strike 7400 has a total call value of 68,250,000 versus a total put value of 42,118,500,000 Combined total value = 42,186,750,000
Strike 7500 has a total call value of 93,000,000 versus a total put value of 35,717,250,000 Combined total value = 35,810,250,000
Strike 7600 has a total call value of 231,750,000 versus a total put value of 30,699,000,000 Combined total value = 30,930,750,000
Strike 7700 has a total call value of 557,250,000 versus a total put value of 26,073,750,000 Combined total value = 26,631,000,000
Strike 7800 has a total call value of 1,190,250,000 versus a total put value of 21,915,750,000 Combined total value = 23,106,000,000
Strike 7900 has a total call value of 2,195,250,000 versus a total put value of 18,419,250,000 Combined total value = 20,614,500,000
Strike 8000 has a total call value of 3,641,250,000 versus a total put value of 15,088,500,000 Combined total value = 18,729,750,000
Strike 8100 has a total call value of 6,133,500,000 versus a total put value of 12,213,750,000 Combined total value = 18,347,250,000
Strike 8200 has a total call value of 9,077,250,000 versus a total put value of 9,531,750,000 Combined total value = 18,609,000,000
Strike 8300 has a total call value of 12,815,250,000 versus a total put value of 7,352,250,000 Combined total value = 20,167,500,000
Strike 8400 has a total call value of 17,427,000,000 versus a total put value of 5,557,500,000 Combined total value = 22,984,500,000
Strike 8500 has a total call value of 22,970,250,000 versus a total put value of 4,158,000,000 Combined total value = 27,128,250,000
Strike 8600 has a total call value of 30,582,750,000 versus a total put value of 3,192,000,000 Combined total value = 33,774,750,000
Strike 8700 has a total call value of 39,183,000,000 versus a total put value of 2,373,750,000 Combined total value = 41,556,750,000
Strike 8800 has a total call value of 48,477,000,000 versus a total put value of 1,794,750,000 Combined total value = 50,271,750,000
Strike 8900 has a total call value of 58,273,500,000 versus a total put value of 1,349,250,000 Combined total value = 59,622,750,000
Strike 9000 has a total call value of 68,491,500,000 versus a total put value of 903,750,000 Combined total value = 69,395,250,000
Strike 9100 has a total call value of 80,239,500,000 versus a total put value of 714,000,000 Combined total value = 80,953,500,000
Strike 9200 has a total call value of 92,305,500,000 versus a total put value of 524,250,000 Combined total value = 92,829,750,000
Strike 9300 has a total call value of 104,830,500,000 versus a total put value of 334,500,000 Combined total value = 105,165,000,000
Strike 9400 has a total call value of 117,683,250,000 versus a total put value of 171,750,000 Combined total value = 117,855,000,000
Strike 9500 has a total call value of 130,789,500,000 versus a total put value of 9,000,000 Combined total value = 130,798,500,000
Strike 9600 has a total call value of 145,065,750,000 versus a total put value of 6,000,000 Combined total value = 145,071,750,000
Strike 9700 has a total call value of 159,533,250,000 versus a total put value of 3,000,000 Combined total value = 159,536,250,000
Strike 9800 has a total call value of 174,489,750,000 versus a total put value of 0 Combined total value = 174,489,750,000
Strike 9900 has a total call value of 189,621,750,000 versus a total put value of 0 Combined total value = 189,621,750,000
Strike 10000 has a total call value of 204,753,750,000 versus a total put value of 0 Combined total value = 204,753,750,000
Strike 10100 has a total call value of 220,678,500,000 versus a total put value of 0 Combined total value = 220,678,500,000
Strike 10200 has a total call value of 236,603,250,000 versus a total put value of 0 Combined total value = 236,603,250,000
Strike 10300 has a total call value of 252,711,000,000 versus a total put value of 0 Combined total value = 252,711,000,000
Strike 10400 has a total call value of 268,844,250,000 versus a total put value of 0 Combined total value = 268,844,250,000
Strike 10500 has a total call value of 285,260,250,000 versus a total put value of 0 Combined total value = 285,260,250,000
Strike 10600 has a total call value of 301,816,500,000 versus a total put value of 0 Combined total value = 301,816,500,000
Strike 10700 has a total call value of 318,372,750,000 versus a total put value of 0 Combined total value = 318,372,750,000
Strike 10800 has a total call value of 334,945,500,000 versus a total put value of 0 Combined total value = 334,945,500,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 418.3 | 440 |
ABB | 5241.9 | 5400 |
ABBOTINDIA | 28569.5 | 28000 |
ABCAPITAL | 153.97 | 170 |
ABFRL | 255.55 | 265 |
ACC | 1911.5 | 2040 |
ADANIENSOL | 702 | 740 |
ADANIENT | 2223.7 | 2340 |
ADANIGREEN | 890.35 | 900 |
ADANIPORTS | 1082.9 | 1100 |
ALKEM | 4794.3 | 4800 |
AMBUJACEM | 488.3 | 505 |
ANGELONE | 2211.6 | 2300 |
APLAPOLLO | 1333.75 | 1440 |
APOLLOHOSP | 6300.2 | 6400 |
APOLLOTYRE | 416.3 | 420 |
ASHOKLEY | 223.61 | 217.5 |
ASIANPAINT | 2250.85 | 2280 |
ASTRAL | 1384.5 | 1440 |
ATGL | 574.45 | 600 |
ATUL | 5402.85 | 5600 |
AUBANK | 522.05 | 550 |
AUROPHARMA | 1169.6 | 1180 |
AXISBANK | 992.95 | 1000 |
BAJAJ-AUTO | 8537.15 | 8800 |
BAJAJFINSV | 1894.85 | 1820 |
BAJFINANCE | 8426.6 | 8200 |
BALKRISIND | 2670.55 | 2700 |
BANDHANBNK | 132.82 | 150 |
BANKBARODA | 206.96 | 220 |
BANKINDIA | 99.03 | 100 |
BATAINDIA | 1296.3 | 1340 |
BEL | 248.5 | 265 |
BERGEPAINT | 483.7 | 480 |
BHARATFORG | 1082.65 | 1100 |
BHARTIARTL | 1675.55 | 1680 |
BHEL | 193.47 | 200 |
BIOCON | 347.55 | 360 |
BOSCHLTD | 26911.25 | 29000 |
BPCL | 252.3 | 260 |
BRITANNIA | 4963.7 | 4950 |
BSE | 5208.7 | 5300 |
BSOFT | 477.5 | 500 |
CAMS | 3381.8 | 3500 |
CANBK | 85.09 | 91 |
CANFINHOME | 608.85 | 640 |
CDSL | 1206.95 | 1240 |
CESC | 125.92 | 130 |
CGPOWER | 583 | 590 |
CHAMBLFERT | 542.8 | 530 |
CHOLAFIN | 1356.95 | 1340 |
CIPLA | 1474.65 | 1460 |
COALINDIA | 360.1 | 375 |
COFORGE | 7683.95 | 8100 |
COLPAL | 2462.4 | 2560 |
CONCOR | 703.35 | 740 |
COROMANDEL | 1707.55 | 1800 |
CROMPTON | 332.6 | 345 |
CUB | 160.85 | 165 |
CUMMINSIND | 2721.45 | 2800 |
CYIENT | 1439.3 | 1420 |
DABUR | 520.55 | 530 |
DALBHARAT | 1808.15 | 1820 |
DEEPAKNTR | 1898.5 | 2000 |
DELHIVERY | 267.35 | 280 |
DIVISLAB | 5923.75 | 5950 |
DIXON | 14199.5 | 14500 |
DLF | 674.75 | 700 |
DMART | 3621.5 | 3750 |
DRREDDY | 1198.95 | 1200 |
EICHERMOT | 4745.2 | 4950 |
ESCORTS | 2972.15 | 3150 |
EXIDEIND | 361.8 | 375 |
FEDERALBNK | 181.54 | 185 |
GAIL | 160.17 | 166 |
GLENMARK | 1373.8 | 1380 |
GMRAIRPORT | 70.26 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 557.1 | 560 |
GODREJCP | 1039.25 | 1070 |
GODREJPROP | 1974.05 | 2100 |
GRANULES | 522.25 | 540 |
GRASIM | 2463.85 | 2500 |
GUJGASLTD | 391.45 | 415 |
HAL | 3475.7 | 3650 |
HAVELLS | 1532.55 | 1560 |
HCLTECH | 1709.9 | 1720 |
HDFCAMC | 3730.55 | 3800 |
HDFCBANK | 1717.35 | 1700 |
HDFCLIFE | 623.25 | 630 |
HEROMOTOCO | 3876.45 | 4050 |
HFCL | 87.03 | 95 |
HINDALCO | 610.85 | 600 |
HINDCOPPER | 215.33 | 235 |
HINDPETRO | 318.1 | 330 |
HINDUNILVR | 2329.4 | 2380 |
HUDCO | 183.21 | 195 |
ICICIBANK | 1251.15 | 1250 |
ICICIGI | 1725.05 | 1800 |
ICICIPRULI | 575.2 | 600 |
IDEA | 8.27 | 9 |
IDFCFIRSTB | 61.5 | 62 |
IEX | 167.21 | 172.5 |
IGL | 190.25 | 195 |
INDHOTEL | 721.65 | 750 |
INDIAMART | 2102.4 | 2120 |
INDIANB | 517.55 | 530 |
INDIGO | 4303 | 4300 |
INDUSINDBK | 1048.25 | 1040 |
INDUSTOWER | 339.3 | 355 |
INFY | 1842.3 | 1880 |
IOC | 118.45 | 125 |
IPCALAB | 1476.75 | 1480 |
IRB | 47.7 | 49 |
IRCTC | 725.45 | 760 |
IRFC | 121.78 | 130 |
ITC | 408.6 | 420 |
JINDALSTEL | 837.65 | 840 |
JIOFIN | 222.45 | 235 |
JKCEMENT | 4637.9 | 4800 |
JSL | 590.3 | 610 |
JSWENERGY | 431.5 | 460 |
JSWSTEEL | 973.55 | 960 |
JUBLFOOD | 681.65 | 680 |
KALYANKJIL | 507.05 | 500 |
KEI | 3447.25 | 3500 |
KOTAKBANK | 1945.3 | 1920 |
KPITTECH | 1310.4 | 1400 |
LALPATHLAB | 2629.5 | 2800 |
LAURUSLABS | 555.5 | 580 |
LICHSGFIN | 538.5 | 570 |
LICI | 765.15 | 800 |
LODHA | 1167.8 | 1200 |
LT | 3221.85 | 3350 |
LTF | 136.04 | 145 |
LTIM | 5472.6 | 5700 |
LTTS | 4816.9 | 5100 |
LUPIN | 2026.95 | 2040 |
M&M | 2831.95 | 2950 |
M&MFIN | 276.85 | 280 |
MANAPPURAM | 193.29 | 195 |
MARICO | 624.75 | 640 |
MARUTI | 12762.9 | 12700 |
MAXHEALTH | 1014.65 | 1020 |
MCX | 5550.5 | 5700 |
METROPOLIS | 1680.35 | 1740 |
MFSL | 1065.65 | 1100 |
MGL | 1277.4 | 1320 |
MOTHERSON | 124.79 | 130 |
MPHASIS | 2591.35 | 2700 |
MRF | 109984 | 110000 |
MUTHOOTFIN | 2243.9 | 2260 |
NATIONALUM | 180.74 | 186 |
NAUKRI | 7338.9 | 7700 |
NAVINFLUOR | 4108.1 | 4100 |
NBCC | 82.02 | 85 |
NCC | 190.8 | 200 |
NESTLEIND | 2216.5 | 2220 |
NHPC | 73.21 | 74 |
NMDC | 62.56 | 65 |
NTPC | 302.35 | 310 |
NYKAA | 173.49 | 170 |
OBEROIRLTY | 1590.25 | 1620 |
OFSS | 8797.15 | 9000 |
OIL | 400.55 | 410 |
ONGC | 233.65 | 240 |
PAGEIND | 40921.4 | 43000 |
PAYTM | 733 | 740 |
PEL | 926.05 | 1000 |
PERSISTENT | 5531.3 | 5800 |
PETRONET | 284.9 | 295 |
PFC | 372.35 | 400 |
PHOENIXLTD | 1545.05 | 1600 |
PIDILITIND | 2781.7 | 2860 |
PIIND | 3118.6 | 3300 |
PNB | 93.18 | 97 |
POLICYBZR | 1494.35 | 1600 |
POLYCAB | 5414.2 | 5600 |
POONAWALLA | 285.3 | 300 |
POWERGRID | 263.2 | 265 |
PRESTIGE | 1240.4 | 1300 |
PVRINOX | 1006.55 | 1060 |
RAMCOCEM | 860.75 | 880 |
RBLBANK | 155.8 | 162.5 |
RECLTD | 389.1 | 420 |
RELIANCE | 1224.9 | 1250 |
SAIL | 105.33 | 107.5 |
SBICARD | 853.1 | 840 |
SBILIFE | 1476.2 | 1460 |
SBIN | 727.7 | 750 |
SHREECEM | 28309.15 | 28000 |
SHRIRAMFIN | 550.35 | 550 |
SIEMENS | 4859.3 | 5100 |
SJVN | 88.62 | 90 |
SOLARINDS | 8619.35 | 9000 |
SONACOMS | 487.3 | 510 |
SRF | 2747.8 | 2800 |
SUNPHARMA | 1714.2 | 1720 |
SUNTV | 585.3 | 600 |
SUPREMEIND | 3627.8 | 3800 |
SYNGENE | 700.9 | 730 |
TATACHEM | 854.5 | 920 |
TATACOMM | 1507.45 | 1600 |
TATACONSUM | 1023.25 | 1020 |
TATAELXSI | 6146.85 | 6200 |
TATAMOTORS | 686.6 | 700 |
TATAPOWER | 337.2 | 360 |
TATASTEEL | 134.29 | 135 |
TCS | 3904.5 | 4000 |
TECHM | 1664.95 | 1680 |
TIINDIA | 2603.6 | 2750 |
TITAN | 3233.2 | 3300 |
TORNTPHARM | 3078 | 3100 |
TORNTPOWER | 1239.35 | 1300 |
TRENT | 5096.45 | 5300 |
TVSMOTOR | 2365.7 | 2500 |
UBL | 2028.15 | 2040 |
ULTRACEMCO | 11490.1 | 11400 |
UNIONBANK | 109.01 | 110 |
UNITDSPR | 1349.7 | 1400 |
UPL | 632.2 | 610 |
VBL | 474.55 | 510 |
VEDL | 415.15 | 430 |
VOLTAS | 1241.6 | 1300 |
WIPRO | 305.35 | 307.5 |
YESBANK | 17.66 | 19 |
ZOMATO | 218.53 | 220 |
ZYDUSLIFE | 923.9 | 950 |
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.