CRUDEOIL
Crude Oil
Max pain for CRUDEOIL
31 Mar 2025 09:14 PM IST
Max Pain for CRUDEOIL is 6000
Strike 4500 has a total call value of 0 versus a total put value of 1,144,267,500,000 Combined total value = 1,144,267,500,000
Strike 4550 has a total call value of 0 versus a total put value of 1,102,254,000,000 Combined total value = 1,102,254,000,000
Strike 4600 has a total call value of 0 versus a total put value of 1,060,240,500,000 Combined total value = 1,060,240,500,000
Strike 4650 has a total call value of 0 versus a total put value of 1,018,227,000,000 Combined total value = 1,018,227,000,000
Strike 4700 has a total call value of 0 versus a total put value of 976,213,500,000 Combined total value = 976,213,500,000
Strike 4750 has a total call value of 0 versus a total put value of 934,200,000,000 Combined total value = 934,200,000,000
Strike 4800 has a total call value of 0 versus a total put value of 892,186,500,000 Combined total value = 892,186,500,000
Strike 4850 has a total call value of 0 versus a total put value of 850,173,000,000 Combined total value = 850,173,000,000
Strike 4900 has a total call value of 0 versus a total put value of 808,159,500,000 Combined total value = 808,159,500,000
Strike 4950 has a total call value of 0 versus a total put value of 766,146,000,000 Combined total value = 766,146,000,000
Strike 5000 has a total call value of 0 versus a total put value of 724,132,500,000 Combined total value = 724,132,500,000
Strike 5050 has a total call value of 0 versus a total put value of 682,672,000,000 Combined total value = 682,672,000,000
Strike 5100 has a total call value of 0 versus a total put value of 641,211,500,000 Combined total value = 641,211,500,000
Strike 5150 has a total call value of 0 versus a total put value of 599,754,000,000 Combined total value = 599,754,000,000
Strike 5200 has a total call value of 0 versus a total put value of 558,332,000,000 Combined total value = 558,332,000,000
Strike 5250 has a total call value of 0 versus a total put value of 517,168,000,000 Combined total value = 517,168,000,000
Strike 5300 has a total call value of 0 versus a total put value of 476,074,000,000 Combined total value = 476,074,000,000
Strike 5350 has a total call value of 1,000,000 versus a total put value of 435,281,000,000 Combined total value = 435,282,000,000
Strike 5400 has a total call value of 2,000,000 versus a total put value of 394,536,500,000 Combined total value = 394,538,500,000
Strike 5450 has a total call value of 348,000,000 versus a total put value of 354,558,500,000 Combined total value = 354,906,500,000
Strike 5500 has a total call value of 694,000,000 versus a total put value of 314,728,500,000 Combined total value = 315,422,500,000
Strike 5550 has a total call value of 1,494,000,000 versus a total put value of 276,863,000,000 Combined total value = 278,357,000,000
Strike 5600 has a total call value of 2,294,000,000 versus a total put value of 239,957,000,000 Combined total value = 242,251,000,000
Strike 5650 has a total call value of 3,253,500,000 versus a total put value of 204,804,000,000 Combined total value = 208,057,500,000
Strike 5700 has a total call value of 4,247,500,000 versus a total put value of 170,165,500,000 Combined total value = 174,413,000,000
Strike 5750 has a total call value of 5,461,000,000 versus a total put value of 137,906,500,000 Combined total value = 143,367,500,000
Strike 5800 has a total call value of 6,718,000,000 versus a total put value of 106,623,000,000 Combined total value = 113,341,000,000
Strike 5850 has a total call value of 9,432,000,000 versus a total put value of 80,565,500,000 Combined total value = 89,997,500,000
Strike 5900 has a total call value of 12,585,500,000 versus a total put value of 56,087,000,000 Combined total value = 68,672,500,000
Strike 5950 has a total call value of 18,383,000,000 versus a total put value of 38,003,500,000 Combined total value = 56,386,500,000
Strike 6000 has a total call value of 25,826,000,000 versus a total put value of 22,334,000,000 Combined total value = 48,160,000,000
Strike 6050 has a total call value of 38,143,500,000 versus a total put value of 15,312,000,000 Combined total value = 53,455,500,000
Strike 6100 has a total call value of 51,502,000,000 versus a total put value of 10,072,000,000 Combined total value = 61,574,000,000
Strike 6150 has a total call value of 67,338,500,000 versus a total put value of 7,875,000,000 Combined total value = 75,213,500,000
Strike 6200 has a total call value of 83,765,500,000 versus a total put value of 5,927,000,000 Combined total value = 89,692,500,000
Strike 6250 has a total call value of 101,943,500,000 versus a total put value of 4,733,000,000 Combined total value = 106,676,500,000
Strike 6300 has a total call value of 120,653,500,000 versus a total put value of 3,558,500,000 Combined total value = 124,212,000,000
Strike 6350 has a total call value of 140,428,000,000 versus a total put value of 2,559,500,000 Combined total value = 142,987,500,000
Strike 6400 has a total call value of 160,473,500,000 versus a total put value of 1,603,000,000 Combined total value = 162,076,500,000
Strike 6450 has a total call value of 181,623,500,000 versus a total put value of 806,000,000 Combined total value = 182,429,500,000
Strike 6500 has a total call value of 202,974,000,000 versus a total put value of 9,000,000 Combined total value = 202,983,000,000
Strike 6550 has a total call value of 226,158,500,000 versus a total put value of 4,500,000 Combined total value = 226,163,000,000
Strike 6600 has a total call value of 249,506,500,000 versus a total put value of 0 Combined total value = 249,506,500,000
Strike 6650 has a total call value of 273,168,500,000 versus a total put value of 0 Combined total value = 273,168,500,000
Strike 6700 has a total call value of 296,841,500,000 versus a total put value of 0 Combined total value = 296,841,500,000
Strike 6750 has a total call value of 320,698,500,000 versus a total put value of 0 Combined total value = 320,698,500,000
Strike 6800 has a total call value of 344,555,500,000 versus a total put value of 0 Combined total value = 344,555,500,000
Strike 6850 has a total call value of 368,548,000,000 versus a total put value of 0 Combined total value = 368,548,000,000
Strike 6900 has a total call value of 392,540,500,000 versus a total put value of 0 Combined total value = 392,540,500,000
Strike 6950 has a total call value of 416,620,000,000 versus a total put value of 0 Combined total value = 416,620,000,000
Strike 7000 has a total call value of 440,703,500,000 versus a total put value of 0 Combined total value = 440,703,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 5946 | 400 |
| ABB | 5946 | 5600 |
| ABCAPITAL | 5946 | 190 |
| ABFRL | 5946 | 260 |
| ACC | 5946 | 1960 |
| ADANIENSOL | 5946 | 840 |
| ADANIENT | 5946 | 2500 |
| ADANIGREEN | 5946 | 940 |
| ADANIPORTS | 5946 | 1200 |
| ALKEM | 5946 | 5000 |
| AMBUJACEM | 5946 | 550 |
| ANGELONE | 5946 | 2200 |
| APLAPOLLO | 5946 | 1520 |
| APOLLOHOSP | 5946 | 6600 |
| APOLLOTYRE | 5946 | 430 |
| ASHOKLEY | 5946 | 210 |
| ASIANPAINT | 5946 | 2340 |
| ASTRAL | 5946 | 1300 |
| ATGL | 5946 | 610 |
| AUBANK | 5946 | 550 |
| AUROPHARMA | 5946 | 1160 |
| AXISBANK | 5946 | 1100 |
| BAJAJ-AUTO | 5946 | 8000 |
| BAJAJFINSV | 5946 | 1980 |
| BAJFINANCE | 5946 | 8900 |
| BALKRISIND | 5946 | 2580 |
| BANDHANBNK | 5946 | 150 |
| BANKBARODA | 5946 | 230 |
| BANKINDIA | 5946 | 107 |
| BEL | 5946 | 300 |
| BERGEPAINT | 5946 | 500 |
| BHARATFORG | 5946 | 1160 |
| BHARTIARTL | 5946 | 1700 |
| BHEL | 5946 | 220 |
| BIOCON | 5946 | 345 |
| BOSCHLTD | 5946 | 28000 |
| BPCL | 5946 | 280 |
| BRITANNIA | 5946 | 4900 |
| BSE | 5946 | 5100 |
| BSOFT | 5946 | 400 |
| CAMS | 5946 | 3700 |
| CANBK | 5946 | 90 |
| CDSL | 5946 | 1200 |
| CESC | 5946 | 155 |
| CGPOWER | 5946 | 650 |
| CHAMBLFERT | 5946 | 610 |
| CHOLAFIN | 5946 | 1520 |
| CIPLA | 5946 | 1480 |
| COALINDIA | 5946 | 410 |
| COFORGE | 5946 | 8000 |
| COLPAL | 5946 | 2400 |
| CONCOR | 5946 | 710 |
| CROMPTON | 5946 | 360 |
| CUMMINSIND | 5946 | 3050 |
| CYIENT | 5946 | 1300 |
| DABUR | 5946 | 510 |
| DALBHARAT | 5946 | 1800 |
| DEEPAKNTR | 5946 | 2000 |
| DELHIVERY | 5946 | 260 |
| DIVISLAB | 5946 | 5800 |
| DIXON | 5946 | 13500 |
| DLF | 5946 | 700 |
| DMART | 5946 | 4050 |
| DRREDDY | 5946 | 1150 |
| EICHERMOT | 5946 | 5400 |
| ESCORTS | 5946 | 3300 |
| EXIDEIND | 5946 | 370 |
| FEDERALBNK | 5946 | 195 |
| GAIL | 5946 | 182.5 |
| GLENMARK | 5946 | 1500 |
| GMRAIRPORT | 5946 | 77 |
| GODREJCP | 5946 | 1140 |
| GODREJPROP | 5946 | 2150 |
| GOLDM | 5946 | 89000 |
| GRANULES | 5946 | 500 |
| GRASIM | 5946 | 2580 |
| HAL | 5946 | 4150 |
| HAVELLS | 5946 | 1500 |
| HCLTECH | 5946 | 1600 |
| HDFCAMC | 5946 | 4100 |
| HDFCBANK | 5946 | 1800 |
| HDFCLIFE | 5946 | 680 |
| HEROMOTOCO | 5946 | 3750 |
| HFCL | 5946 | 82.5 |
| HINDALCO | 5946 | 690 |
| HINDCOPPER | 5946 | 230 |
| HINDPETRO | 5946 | 360 |
| HINDUNILVR | 5946 | 2300 |
| HUDCO | 5946 | 200 |
| ICICIBANK | 5946 | 1340 |
| ICICIGI | 5946 | 1800 |
| ICICIPRULI | 5946 | 580 |
| IDEA | 5946 | 8 |
| IDFCFIRSTB | 5946 | 58 |
| IEX | 5946 | 180 |
| IGL | 5946 | 200 |
| IIFL | 5946 | 330 |
| INDHOTEL | 5946 | 800 |
| INDIANB | 5946 | 550 |
| INDIGO | 5946 | 5000 |
| INDUSINDBK | 5946 | 670 |
| INDUSTOWER | 5946 | 350 |
| INFY | 5946 | 1600 |
| IOC | 5946 | 132.5 |
| IRB | 5946 | 46 |
| IRCTC | 5946 | 740 |
| IREDA | 5946 | 152.5 |
| IRFC | 5946 | 125 |
| ITC | 5946 | 410 |
| JINDALSTEL | 5946 | 920 |
| JIOFIN | 5946 | 230 |
| JSL | 5946 | 600 |
| JSWENERGY | 5946 | 550 |
| JSWSTEEL | 5946 | 1050 |
| JUBLFOOD | 5946 | 660 |
| KALYANKJIL | 5946 | 480 |
| KEI | 5946 | 2900 |
| KOTAKBANK | 5946 | 2120 |
| KPITTECH | 5946 | 1300 |
| LAURUSLABS | 5946 | 610 |
| LICHSGFIN | 5946 | 570 |
| LICI | 5946 | 800 |
| LODHA | 5946 | 1200 |
| LT | 5946 | 3500 |
| LTF | 5946 | 150 |
| LTIM | 5946 | 4600 |
| LUPIN | 5946 | 2040 |
| M&M | 5946 | 2700 |
| M&MFIN | 5946 | 290 |
| MANAPPURAM | 5946 | 230 |
| MARICO | 5946 | 640 |
| MARUTI | 5946 | 11700 |
| MAXHEALTH | 5946 | 1120 |
| MCX | 5946 | 5400 |
| MFSL | 5946 | 1140 |
| MGL | 5946 | 1380 |
| MOTHERSON | 5946 | 135 |
| MPHASIS | 5946 | 2500 |
| MRF | 5946 | 115000 |
| MUTHOOTFIN | 5946 | 2200 |
| NATIONALUM | 5946 | 185 |
| NAUKRI | 5946 | 7100 |
| NBCC | 5946 | 82.5 |
| NCC | 5946 | 210 |
| NESTLEIND | 5946 | 2260 |
| NHPC | 5946 | 84 |
| NMDC | 5946 | 69 |
| NTPC | 5946 | 360 |
| NYKAA | 5946 | 175 |
| OBEROIRLTY | 5946 | 1640 |
| OFSS | 5946 | 8000 |
| OIL | 5946 | 390 |
| ONGC | 5946 | 250 |
| PAGEIND | 5946 | 43000 |
| PATANJALI | 5946 | 1800 |
| PAYTM | 5946 | 780 |
| PEL | 5946 | 1000 |
| PERSISTENT | 5946 | 5500 |
| PETRONET | 5946 | 300 |
| PFC | 5946 | 420 |
| PHOENIXLTD | 5946 | 1600 |
| PIDILITIND | 5946 | 2840 |
| PIIND | 5946 | 3500 |
| PNB | 5946 | 97 |
| POLICYBZR | 5946 | 1600 |
| POLYCAB | 5946 | 5100 |
| POONAWALLA | 5946 | 335 |
| POWERGRID | 5946 | 295 |
| PRESTIGE | 5946 | 1200 |
| RAMCOCEM | 5946 | 900 |
| RBLBANK | 5946 | 175 |
| RECLTD | 5946 | 440 |
| RELIANCE | 5946 | 1300 |
| SAIL | 5946 | 120 |
| SBICARD | 5946 | 865 |
| SBILIFE | 5946 | 1540 |
| SBIN | 5946 | 780 |
| SHREECEM | 5946 | 30500 |
| SHRIRAMFIN | 5946 | 660 |
| SIEMENS | 5946 | 5300 |
| SILVER | 5946 | 98000 |
| SJVN | 5946 | 95 |
| SOLARINDS | 5946 | 11000 |
| SONACOMS | 5946 | 460 |
| SRF | 5946 | 2960 |
| SUNPHARMA | 5946 | 1740 |
| SUPREMEIND | 5946 | 3500 |
| SYNGENE | 5946 | 720 |
| TATACHEM | 5946 | 880 |
| TATACOMM | 5946 | 1600 |
| TATACONSUM | 5946 | 1000 |
| TATAELXSI | 5946 | 5300 |
| TATAMOTORS | 5946 | 700 |
| TATAPOWER | 5946 | 400 |
| TATASTEEL | 5946 | 156 |
| TATATECH | 5946 | 680 |
| TCS | 5946 | 3660 |
| TECHM | 5946 | 1440 |
| TIINDIA | 5946 | 2800 |
| TITAGARH | 5946 | 800 |
| TITAN | 5946 | 3100 |
| TORNTPHARM | 5946 | 3250 |
| TORNTPOWER | 5946 | 1500 |
| TRENT | 5946 | 5400 |
| TVSMOTOR | 5946 | 2440 |
| ULTRACEMCO | 5946 | 11400 |
| UNIONBANK | 5946 | 125 |
| UNITDSPR | 5946 | 1400 |
| UPL | 5946 | 640 |
| VBL | 5946 | 520 |
| VEDL | 5946 | 470 |
| VOLTAS | 5946 | 1440 |
| WIPRO | 5946 | 267.5 |
| YESBANK | 5946 | 17 |
| ZOMATO | 5946 | 210 |
| ZYDUSLIFE | 5946 | 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.
