CRUDEOIL
Crude Oil
Max pain for CRUDEOIL
03 Apr 2025 08:49 PM IST
Max Pain for CRUDEOIL is 5800
Strike 4500 has a total call value of 0 versus a total put value of 830,311,000,000 Combined total value = 830,311,000,000
Strike 4550 has a total call value of 0 versus a total put value of 796,936,000,000 Combined total value = 796,936,000,000
Strike 4600 has a total call value of 0 versus a total put value of 763,563,000,000 Combined total value = 763,563,000,000
Strike 4650 has a total call value of 0 versus a total put value of 730,191,000,000 Combined total value = 730,191,000,000
Strike 4700 has a total call value of 0 versus a total put value of 696,819,000,000 Combined total value = 696,819,000,000
Strike 4750 has a total call value of 0 versus a total put value of 663,447,000,000 Combined total value = 663,447,000,000
Strike 4800 has a total call value of 0 versus a total put value of 630,075,000,000 Combined total value = 630,075,000,000
Strike 4850 has a total call value of 0 versus a total put value of 596,703,000,000 Combined total value = 596,703,000,000
Strike 4900 has a total call value of 0 versus a total put value of 563,331,000,000 Combined total value = 563,331,000,000
Strike 4950 has a total call value of 0 versus a total put value of 529,959,500,000 Combined total value = 529,959,500,000
Strike 5000 has a total call value of 0 versus a total put value of 496,588,000,000 Combined total value = 496,588,000,000
Strike 5050 has a total call value of 0 versus a total put value of 464,561,500,000 Combined total value = 464,561,500,000
Strike 5100 has a total call value of 0 versus a total put value of 432,536,000,000 Combined total value = 432,536,000,000
Strike 5150 has a total call value of 0 versus a total put value of 400,535,500,000 Combined total value = 400,535,500,000
Strike 5200 has a total call value of 0 versus a total put value of 368,735,500,000 Combined total value = 368,735,500,000
Strike 5250 has a total call value of 0 versus a total put value of 337,681,500,000 Combined total value = 337,681,500,000
Strike 5300 has a total call value of 0 versus a total put value of 306,853,500,000 Combined total value = 306,853,500,000
Strike 5350 has a total call value of 500,000 versus a total put value of 276,719,000,000 Combined total value = 276,719,500,000
Strike 5400 has a total call value of 1,000,000 versus a total put value of 246,822,000,000 Combined total value = 246,823,000,000
Strike 5450 has a total call value of 198,000,000 versus a total put value of 218,154,500,000 Combined total value = 218,352,500,000
Strike 5500 has a total call value of 399,500,000 versus a total put value of 189,962,000,000 Combined total value = 190,361,500,000
Strike 5550 has a total call value of 1,100,500,000 versus a total put value of 164,441,500,000 Combined total value = 165,542,000,000
Strike 5600 has a total call value of 1,926,000,000 versus a total put value of 139,455,000,000 Combined total value = 141,381,000,000
Strike 5650 has a total call value of 4,032,000,000 versus a total put value of 117,270,500,000 Combined total value = 121,302,500,000
Strike 5700 has a total call value of 6,965,000,000 versus a total put value of 96,036,500,000 Combined total value = 103,001,500,000
Strike 5750 has a total call value of 15,848,000,000 versus a total put value of 78,263,500,000 Combined total value = 94,111,500,000
Strike 5800 has a total call value of 26,578,000,000 versus a total put value of 61,137,000,000 Combined total value = 87,715,000,000
Strike 5850 has a total call value of 46,431,500,000 versus a total put value of 47,040,000,000 Combined total value = 93,471,500,000
Strike 5900 has a total call value of 69,706,500,000 versus a total put value of 33,271,500,000 Combined total value = 102,978,000,000
Strike 5950 has a total call value of 104,655,000,000 versus a total put value of 23,247,500,000 Combined total value = 127,902,500,000
Strike 6000 has a total call value of 143,077,000,000 versus a total put value of 14,553,500,000 Combined total value = 157,630,500,000
Strike 6050 has a total call value of 193,607,000,000 versus a total put value of 8,975,000,000 Combined total value = 202,582,000,000
Strike 6100 has a total call value of 246,550,000,000 versus a total put value of 4,323,500,000 Combined total value = 250,873,500,000
Strike 6150 has a total call value of 308,164,000,000 versus a total put value of 2,981,500,000 Combined total value = 311,145,500,000
Strike 6200 has a total call value of 373,876,500,000 versus a total put value of 1,960,000,000 Combined total value = 375,836,500,000
Strike 6250 has a total call value of 444,778,500,000 versus a total put value of 1,501,500,000 Combined total value = 446,280,000,000
Strike 6300 has a total call value of 516,806,500,000 versus a total put value of 1,099,000,000 Combined total value = 517,905,500,000
Strike 6350 has a total call value of 590,872,000,000 versus a total put value of 785,000,000 Combined total value = 591,657,000,000
Strike 6400 has a total call value of 665,438,500,000 versus a total put value of 486,000,000 Combined total value = 665,924,500,000
Strike 6450 has a total call value of 741,343,500,000 versus a total put value of 241,000,000 Combined total value = 741,584,500,000
Strike 6500 has a total call value of 817,483,000,000 versus a total put value of 0 Combined total value = 817,483,000,000
Strike 6550 has a total call value of 894,892,500,000 versus a total put value of 0 Combined total value = 894,892,500,000
Strike 6600 has a total call value of 972,625,500,000 versus a total put value of 0 Combined total value = 972,625,500,000
Strike 6650 has a total call value of 1,050,888,000,000 versus a total put value of 0 Combined total value = 1,050,888,000,000
Strike 6700 has a total call value of 1,129,294,500,000 versus a total put value of 0 Combined total value = 1,129,294,500,000
Strike 6750 has a total call value of 1,208,225,500,000 versus a total put value of 0 Combined total value = 1,208,225,500,000
Strike 6800 has a total call value of 1,287,183,500,000 versus a total put value of 0 Combined total value = 1,287,183,500,000
Strike 6850 has a total call value of 1,366,552,000,000 versus a total put value of 0 Combined total value = 1,366,552,000,000
Strike 6900 has a total call value of 1,445,947,000,000 versus a total put value of 0 Combined total value = 1,445,947,000,000
Strike 6950 has a total call value of 1,525,534,500,000 versus a total put value of 0 Combined total value = 1,525,534,500,000
Strike 7000 has a total call value of 1,605,125,500,000 versus a total put value of 0 Combined total value = 1,605,125,500,000
Strike 7050 has a total call value of 1,685,235,000,000 versus a total put value of 0 Combined total value = 1,685,235,000,000
Strike 7100 has a total call value of 1,765,344,500,000 versus a total put value of 0 Combined total value = 1,765,344,500,000
Strike 7150 has a total call value of 1,845,454,000,000 versus a total put value of 0 Combined total value = 1,845,454,000,000
Strike 7200 has a total call value of 1,925,564,500,000 versus a total put value of 0 Combined total value = 1,925,564,500,000
Strike 7250 has a total call value of 2,005,675,000,000 versus a total put value of 0 Combined total value = 2,005,675,000,000
Strike 7300 has a total call value of 2,085,785,500,000 versus a total put value of 0 Combined total value = 2,085,785,500,000
Strike 7350 has a total call value of 2,165,896,000,000 versus a total put value of 0 Combined total value = 2,165,896,000,000
Strike 7400 has a total call value of 2,246,007,000,000 versus a total put value of 0 Combined total value = 2,246,007,000,000
Strike 7450 has a total call value of 2,326,119,000,000 versus a total put value of 0 Combined total value = 2,326,119,000,000
Strike 7500 has a total call value of 2,406,231,000,000 versus a total put value of 0 Combined total value = 2,406,231,000,000
Strike 7550 has a total call value of 2,486,346,000,000 versus a total put value of 0 Combined total value = 2,486,346,000,000
Strike 7600 has a total call value of 2,566,461,000,000 versus a total put value of 0 Combined total value = 2,566,461,000,000
Strike 7650 has a total call value of 2,646,577,500,000 versus a total put value of 0 Combined total value = 2,646,577,500,000
Strike 7700 has a total call value of 2,726,694,000,000 versus a total put value of 0 Combined total value = 2,726,694,000,000
Strike 7750 has a total call value of 2,806,812,500,000 versus a total put value of 0 Combined total value = 2,806,812,500,000
Strike 7800 has a total call value of 2,886,931,000,000 versus a total put value of 0 Combined total value = 2,886,931,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 5673 | 400 |
| ABB | 5673 | 5400 |
| ABCAPITAL | 5673 | 190 |
| ABFRL | 5673 | 265 |
| ACC | 5673 | 2000 |
| ADANIENSOL | 5673 | 860 |
| ADANIENT | 5673 | 2500 |
| ADANIGREEN | 5673 | 940 |
| ADANIPORTS | 5673 | 1200 |
| ALKEM | 5673 | 4950 |
| AMBUJACEM | 5673 | 550 |
| ANGELONE | 5673 | 2300 |
| APLAPOLLO | 5673 | 1520 |
| APOLLOHOSP | 5673 | 6700 |
| APOLLOTYRE | 5673 | 430 |
| ASHOKLEY | 5673 | 210 |
| ASIANPAINT | 5673 | 2340 |
| ASTRAL | 5673 | 1340 |
| ATGL | 5673 | 600 |
| AUBANK | 5673 | 550 |
| AUROPHARMA | 5673 | 1200 |
| AXISBANK | 5673 | 1100 |
| BAJAJ-AUTO | 5673 | 8000 |
| BAJAJFINSV | 5673 | 1940 |
| BAJFINANCE | 5673 | 8700 |
| BALKRISIND | 5673 | 2540 |
| BANDHANBNK | 5673 | 152.5 |
| BANKBARODA | 5673 | 232.5 |
| BANKINDIA | 5673 | 111 |
| BEL | 5673 | 290 |
| BERGEPAINT | 5673 | 500 |
| BHARATFORG | 5673 | 1160 |
| BHARTIARTL | 5673 | 1740 |
| BHEL | 5673 | 220 |
| BIOCON | 5673 | 350 |
| BOSCHLTD | 5673 | 28000 |
| BPCL | 5673 | 280 |
| BRITANNIA | 5673 | 4950 |
| BSE | 5673 | 5200 |
| BSOFT | 5673 | 400 |
| CAMS | 5673 | 3700 |
| CANBK | 5673 | 92 |
| CDSL | 5673 | 1200 |
| CESC | 5673 | 155 |
| CGPOWER | 5673 | 640 |
| CHAMBLFERT | 5673 | 620 |
| CHOLAFIN | 5673 | 1500 |
| CIPLA | 5673 | 1480 |
| COALINDIA | 5673 | 405 |
| COFORGE | 5673 | 7500 |
| COLPAL | 5673 | 2400 |
| CONCOR | 5673 | 710 |
| CROMPTON | 5673 | 350 |
| CUMMINSIND | 5673 | 3050 |
| CYIENT | 5673 | 1240 |
| DABUR | 5673 | 480 |
| DALBHARAT | 5673 | 1800 |
| DEEPAKNTR | 5673 | 2000 |
| DELHIVERY | 5673 | 260 |
| DIVISLAB | 5673 | 5800 |
| DIXON | 5673 | 13500 |
| DLF | 5673 | 690 |
| DMART | 5673 | 4100 |
| DRREDDY | 5673 | 1160 |
| EICHERMOT | 5673 | 5400 |
| ESCORTS | 5673 | 3250 |
| EXIDEIND | 5673 | 370 |
| FEDERALBNK | 5673 | 195 |
| GAIL | 5673 | 182.5 |
| GLENMARK | 5673 | 1520 |
| GMRAIRPORT | 5673 | 80 |
| GODREJCP | 5673 | 1150 |
| GODREJPROP | 5673 | 2100 |
| GOLDM | 5673 | 89000 |
| GRANULES | 5673 | 500 |
| GRASIM | 5673 | 2600 |
| HAL | 5673 | 4250 |
| HAVELLS | 5673 | 1520 |
| HCLTECH | 5673 | 1520 |
| HDFCAMC | 5673 | 4050 |
| HDFCBANK | 5673 | 1800 |
| HDFCLIFE | 5673 | 690 |
| HEROMOTOCO | 5673 | 3750 |
| HFCL | 5673 | 82.5 |
| HINDALCO | 5673 | 670 |
| HINDCOPPER | 5673 | 230 |
| HINDPETRO | 5673 | 360 |
| HINDUNILVR | 5673 | 2260 |
| HINDZINC | 5673 | 460 |
| HUDCO | 5673 | 205 |
| ICICIBANK | 5673 | 1340 |
| ICICIGI | 5673 | 1800 |
| ICICIPRULI | 5673 | 570 |
| IDEA | 5673 | 8 |
| IDFCFIRSTB | 5673 | 59 |
| IEX | 5673 | 180 |
| IGL | 5673 | 200 |
| IIFL | 5673 | 335 |
| INDHOTEL | 5673 | 820 |
| INDIANB | 5673 | 550 |
| INDIGO | 5673 | 5000 |
| INDUSINDBK | 5673 | 700 |
| INDUSTOWER | 5673 | 350 |
| INFY | 5673 | 1540 |
| INOXWIND | 5673 | 165 |
| IOC | 5673 | 132 |
| IRB | 5673 | 46 |
| IRCTC | 5673 | 740 |
| IREDA | 5673 | 160 |
| IRFC | 5673 | 125 |
| ITC | 5673 | 410 |
| JINDALSTEL | 5673 | 920 |
| JIOFIN | 5673 | 230 |
| JSL | 5673 | 600 |
| JSWENERGY | 5673 | 540 |
| JSWSTEEL | 5673 | 1050 |
| JUBLFOOD | 5673 | 670 |
| KALYANKJIL | 5673 | 500 |
| KEI | 5673 | 2900 |
| KOTAKBANK | 5673 | 2120 |
| KPITTECH | 5673 | 1240 |
| LAURUSLABS | 5673 | 610 |
| LICHSGFIN | 5673 | 570 |
| LICI | 5673 | 800 |
| LODHA | 5673 | 1200 |
| LT | 5673 | 3460 |
| LTF | 5673 | 152.5 |
| LTIM | 5673 | 4500 |
| LUPIN | 5673 | 2100 |
| M&M | 5673 | 2700 |
| M&MFIN | 5673 | 275 |
| MANAPPURAM | 5673 | 230 |
| MARICO | 5673 | 650 |
| MARUTI | 5673 | 11700 |
| MAXHEALTH | 5673 | 1120 |
| MCX | 5673 | 5400 |
| MFSL | 5673 | 1140 |
| MGL | 5673 | 1400 |
| MOTHERSON | 5673 | 130 |
| MPHASIS | 5673 | 2450 |
| MRF | 5673 | 114000 |
| MUTHOOTFIN | 5673 | 2300 |
| NATIONALUM | 5673 | 180 |
| NAUKRI | 5673 | 6900 |
| NBCC | 5673 | 82.5 |
| NCC | 5673 | 215 |
| NESTLEIND | 5673 | 2240 |
| NHPC | 5673 | 84 |
| NMDC | 5673 | 70 |
| NTPC | 5673 | 360 |
| NYKAA | 5673 | 177.5 |
| OBEROIRLTY | 5673 | 1600 |
| OFSS | 5673 | 7750 |
| OIL | 5673 | 390 |
| ONGC | 5673 | 250 |
| PAGEIND | 5673 | 43000 |
| PATANJALI | 5673 | 1820 |
| PAYTM | 5673 | 800 |
| PEL | 5673 | 1000 |
| PERSISTENT | 5673 | 5000 |
| PETRONET | 5673 | 300 |
| PFC | 5673 | 420 |
| PHOENIXLTD | 5673 | 1600 |
| PIDILITIND | 5673 | 2840 |
| PIIND | 5673 | 3500 |
| PNB | 5673 | 98 |
| PNBHOUSING | 5673 | 900 |
| POLICYBZR | 5673 | 1580 |
| POLYCAB | 5673 | 5200 |
| POONAWALLA | 5673 | 340 |
| POWERGRID | 5673 | 295 |
| PRESTIGE | 5673 | 1180 |
| RAMCOCEM | 5673 | 920 |
| RBLBANK | 5673 | 175 |
| RECLTD | 5673 | 430 |
| RELIANCE | 5673 | 1280 |
| SAIL | 5673 | 120 |
| SBICARD | 5673 | 860 |
| SBILIFE | 5673 | 1540 |
| SBIN | 5673 | 780 |
| SHREECEM | 5673 | 30500 |
| SHRIRAMFIN | 5673 | 650 |
| SIEMENS | 5673 | 5300 |
| SILVER | 5673 | 97000 |
| SJVN | 5673 | 92.5 |
| SOLARINDS | 5673 | 11100 |
| SONACOMS | 5673 | 460 |
| SRF | 5673 | 2900 |
| SUNPHARMA | 5673 | 1740 |
| SUPREMEIND | 5673 | 3500 |
| SYNGENE | 5673 | 740 |
| TATACHEM | 5673 | 860 |
| TATACOMM | 5673 | 1600 |
| TATACONSUM | 5673 | 1040 |
| TATAELXSI | 5673 | 5200 |
| TATAMOTORS | 5673 | 680 |
| TATAPOWER | 5673 | 395 |
| TATASTEEL | 5673 | 155 |
| TATATECH | 5673 | 680 |
| TCS | 5673 | 3540 |
| TECHM | 5673 | 1400 |
| TIINDIA | 5673 | 2750 |
| TITAGARH | 5673 | 800 |
| TITAN | 5673 | 3100 |
| TORNTPHARM | 5673 | 3250 |
| TORNTPOWER | 5673 | 1500 |
| TRENT | 5673 | 5600 |
| TVSMOTOR | 5673 | 2460 |
| ULTRACEMCO | 5673 | 11400 |
| UNIONBANK | 5673 | 128 |
| UNITDSPR | 5673 | 1400 |
| UPL | 5673 | 650 |
| VBL | 5673 | 530 |
| VEDL | 5673 | 460 |
| VOLTAS | 5673 | 1380 |
| WIPRO | 5673 | 262.5 |
| YESBANK | 5673 | 17 |
| ZOMATO | 5673 | 210 |
| ZYDUSLIFE | 5673 | 910 |
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.
