DABUR
Dabur India Ltd
Max pain for DABUR
20 Dec 2024 04:12 PM IST
Max Pain for DABUR is 510
Strike 430 has a total call value of 0 versus a total put value of 51,356,250,000 Combined total value = 51,356,250,000
Strike 435 has a total call value of 0 versus a total put value of 48,015,625,000 Combined total value = 48,015,625,000
Strike 440 has a total call value of 0 versus a total put value of 44,675,000,000 Combined total value = 44,675,000,000
Strike 445 has a total call value of 0 versus a total put value of 41,334,375,000 Combined total value = 41,334,375,000
Strike 450 has a total call value of 0 versus a total put value of 37,993,750,000 Combined total value = 37,993,750,000
Strike 455 has a total call value of 0 versus a total put value of 34,653,125,000 Combined total value = 34,653,125,000
Strike 460 has a total call value of 0 versus a total put value of 31,312,500,000 Combined total value = 31,312,500,000
Strike 465 has a total call value of 0 versus a total put value of 28,005,625,000 Combined total value = 28,005,625,000
Strike 470 has a total call value of 0 versus a total put value of 24,698,750,000 Combined total value = 24,698,750,000
Strike 475 has a total call value of 0 versus a total put value of 21,676,250,000 Combined total value = 21,676,250,000
Strike 480 has a total call value of 1,875,000 versus a total put value of 18,728,125,000 Combined total value = 18,730,000,000
Strike 485 has a total call value of 18,125,000 versus a total put value of 15,945,000,000 Combined total value = 15,963,125,000
Strike 490 has a total call value of 36,875,000 versus a total put value of 13,220,625,000 Combined total value = 13,257,500,000
Strike 495 has a total call value of 135,625,000 versus a total put value of 10,695,625,000 Combined total value = 10,831,250,000
Strike 500 has a total call value of 258,125,000 versus a total put value of 8,296,875,000 Combined total value = 8,555,000,000
Strike 505 has a total call value of 580,625,000 versus a total put value of 6,585,625,000 Combined total value = 7,166,250,000
Strike 510 has a total call value of 1,154,375,000 versus a total put value of 5,063,125,000 Combined total value = 6,217,500,000
Strike 515 has a total call value of 2,572,500,000 versus a total put value of 4,058,750,000 Combined total value = 6,631,250,000
Strike 520 has a total call value of 4,276,250,000 versus a total put value of 3,188,750,000 Combined total value = 7,465,000,000
Strike 525 has a total call value of 6,576,250,000 versus a total put value of 2,512,500,000 Combined total value = 9,088,750,000
Strike 530 has a total call value of 9,189,375,000 versus a total put value of 1,951,250,000 Combined total value = 11,140,625,000
Strike 535 has a total call value of 12,874,375,000 versus a total put value of 1,634,375,000 Combined total value = 14,508,750,000
Strike 540 has a total call value of 16,848,125,000 versus a total put value of 1,317,500,000 Combined total value = 18,165,625,000
Strike 545 has a total call value of 21,163,750,000 versus a total put value of 1,107,500,000 Combined total value = 22,271,250,000
Strike 550 has a total call value of 25,938,125,000 versus a total put value of 897,500,000 Combined total value = 26,835,625,000
Strike 555 has a total call value of 31,380,000,000 versus a total put value of 793,750,000 Combined total value = 32,173,750,000
Strike 560 has a total call value of 36,900,625,000 versus a total put value of 690,000,000 Combined total value = 37,590,625,000
Strike 565 has a total call value of 42,657,500,000 versus a total put value of 599,375,000 Combined total value = 43,256,875,000
Strike 570 has a total call value of 48,460,000,000 versus a total put value of 508,750,000 Combined total value = 48,968,750,000
Strike 575 has a total call value of 54,411,250,000 versus a total put value of 429,375,000 Combined total value = 54,840,625,000
Strike 580 has a total call value of 60,362,500,000 versus a total put value of 350,000,000 Combined total value = 60,712,500,000
Strike 585 has a total call value of 66,432,500,000 versus a total put value of 270,625,000 Combined total value = 66,703,125,000
Strike 590 has a total call value of 72,502,500,000 versus a total put value of 191,250,000 Combined total value = 72,693,750,000
Strike 595 has a total call value of 78,572,500,000 versus a total put value of 111,875,000 Combined total value = 78,684,375,000
Strike 600 has a total call value of 84,642,500,000 versus a total put value of 32,500,000 Combined total value = 84,675,000,000
Strike 605 has a total call value of 90,844,375,000 versus a total put value of 24,375,000 Combined total value = 90,868,750,000
Strike 610 has a total call value of 97,046,250,000 versus a total put value of 16,250,000 Combined total value = 97,062,500,000
Strike 615 has a total call value of 103,248,125,000 versus a total put value of 8,125,000 Combined total value = 103,256,250,000
Strike 620 has a total call value of 109,450,000,000 versus a total put value of 0 Combined total value = 109,450,000,000
Strike 625 has a total call value of 115,661,875,000 versus a total put value of 0 Combined total value = 115,661,875,000
Strike 630 has a total call value of 121,873,750,000 versus a total put value of 0 Combined total value = 121,873,750,000
Strike 635 has a total call value of 128,122,500,000 versus a total put value of 0 Combined total value = 128,122,500,000
Strike 640 has a total call value of 134,371,250,000 versus a total put value of 0 Combined total value = 134,371,250,000
Strike 645 has a total call value of 140,620,000,000 versus a total put value of 0 Combined total value = 140,620,000,000
Strike 650 has a total call value of 146,868,750,000 versus a total put value of 0 Combined total value = 146,868,750,000
Strike 655 has a total call value of 153,117,500,000 versus a total put value of 0 Combined total value = 153,117,500,000
Strike 660 has a total call value of 159,366,250,000 versus a total put value of 0 Combined total value = 159,366,250,000
Strike 665 has a total call value of 165,615,000,000 versus a total put value of 0 Combined total value = 165,615,000,000
Strike 670 has a total call value of 171,863,750,000 versus a total put value of 0 Combined total value = 171,863,750,000
Strike 675 has a total call value of 178,112,500,000 versus a total put value of 0 Combined total value = 178,112,500,000
Strike 680 has a total call value of 184,361,250,000 versus a total put value of 0 Combined total value = 184,361,250,000
Strike 685 has a total call value of 190,610,000,000 versus a total put value of 0 Combined total value = 190,610,000,000
Strike 690 has a total call value of 196,858,750,000 versus a total put value of 0 Combined total value = 196,858,750,000
Strike 695 has a total call value of 203,107,500,000 versus a total put value of 0 Combined total value = 203,107,500,000
Strike 700 has a total call value of 209,356,250,000 versus a total put value of 0 Combined total value = 209,356,250,000
Strike 705 has a total call value of 215,605,000,000 versus a total put value of 0 Combined total value = 215,605,000,000
Strike 710 has a total call value of 221,853,750,000 versus a total put value of 0 Combined total value = 221,853,750,000
Strike 715 has a total call value of 228,102,500,000 versus a total put value of 0 Combined total value = 228,102,500,000
Strike 720 has a total call value of 234,351,250,000 versus a total put value of 0 Combined total value = 234,351,250,000
Strike 730 has a total call value of 246,848,750,000 versus a total put value of 0 Combined total value = 246,848,750,000
Strike 740 has a total call value of 259,346,250,000 versus a total put value of 0 Combined total value = 259,346,250,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 403.85 | 450 |
| ABB | 6921.25 | 7300 |
| ABBOTINDIA | 28655.35 | 28000 |
| ABCAPITAL | 186.21 | 200 |
| ABFRL | 282.2 | 300 |
| ACC | 2063.65 | 2260 |
| ADANIENSOL | 767.55 | 800 |
| ADANIENT | 2344.95 | 2500 |
| ADANIGREEN | 1034.35 | 1120 |
| ADANIPORTS | 1182.45 | 1240 |
| ALKEM | 5427.5 | 5500 |
| AMBUJACEM | 548.8 | 560 |
| ANGELONE | 2881.7 | 3100 |
| APLAPOLLO | 1559 | 1600 |
| APOLLOHOSP | 7251.7 | 7200 |
| APOLLOTYRE | 531.95 | 530 |
| ASHOKLEY | 217.28 | 225 |
| ASIANPAINT | 2282.35 | 2400 |
| ASTRAL | 1734.6 | 1820 |
| ATGL | 674.35 | 720 |
| ATUL | 7023.15 | 7300 |
| AUBANK | 537.6 | 570 |
| AUROPHARMA | 1241.7 | 1240 |
| AXISBANK | 1071.85 | 1120 |
| BAJAJ-AUTO | 8787.25 | 9000 |
| BAJAJFINSV | 1569.65 | 1640 |
| BAJFINANCE | 6848.25 | 7000 |
| BALKRISIND | 2790.05 | 2800 |
| BANDHANBNK | 159.05 | 170 |
| BANKBARODA | 240.59 | 250 |
| BANKINDIA | 103.03 | 110 |
| BATAINDIA | 1342.25 | 1400 |
| BEL | 290.85 | 310 |
| BERGEPAINT | 444.8 | 465 |
| BHARATFORG | 1278.9 | 1340 |
| BHARTIARTL | 1578.1 | 1600 |
| BHEL | 235.3 | 250 |
| BIOCON | 335.95 | 355 |
| BOSCHLTD | 34576.95 | 35000 |
| BPCL | 289.05 | 295 |
| BRITANNIA | 4698.1 | 4800 |
| BSE | 5542.85 | 5300 |
| BSOFT | 577 | 600 |
| CAMS | 4951 | 5100 |
| CANBK | 99.61 | 104 |
| CANFINHOME | 747.7 | 790 |
| CDSL | 1860.75 | 1860 |
| CESC | 182.74 | 190 |
| CGPOWER | 730.05 | 760 |
| CHAMBLFERT | 509.15 | 520 |
| CHOLAFIN | 1189.55 | 1260 |
| CIPLA | 1472.05 | 1480 |
| COALINDIA | 382 | 414.25 |
| COFORGE | 9370.45 | 9200 |
| COLPAL | 2750.85 | 2850 |
| CONCOR | 767.95 | 830 |
| COROMANDEL | 1839.3 | 1800 |
| CROMPTON | 388.25 | 405 |
| CUB | 175.42 | 180 |
| CUMMINSIND | 3312.9 | 3450 |
| CYIENT | 1924.4 | 2000 |
| DABUR | 502.55 | 510 |
| DALBHARAT | 1801.9 | 1880 |
| DEEPAKNTR | 2596.85 | 2700 |
| DELHIVERY | 349.6 | 365 |
| DIVISLAB | 5846.75 | 6000 |
| DIXON | 17944.9 | 18000 |
| DLF | 830.7 | 850 |
| DMART | 3408.3 | 3600 |
| DRREDDY | 1343.65 | 1300 |
| EICHERMOT | 4734.5 | 4800 |
| ESCORTS | 3162.05 | 3350 |
| EXIDEIND | 426.3 | 450 |
| FEDERALBNK | 194.46 | 205 |
| GAIL | 192.42 | 200 |
| GLENMARK | 1541.65 | 1520 |
| GMRAIRPORT | 78.82 | 85 |
| GMRINFRA | 0 | 36 |
| GNFC | 583.8 | 610 |
| GODREJCP | 1069.6 | 1120 |
| GODREJPROP | 2855.95 | 2900 |
| GRANULES | 592.4 | 580 |
| GRASIM | 2488.7 | 2620 |
| GUJGASLTD | 499.8 | 500 |
| HAL | 4190.2 | 4500 |
| HAVELLS | 1657.4 | 1720 |
| HCLTECH | 1911.35 | 1900 |
| HDFCAMC | 4262.8 | 4400 |
| HDFCBANK | 1771.5 | 1800 |
| HDFCLIFE | 623.8 | 640 |
| HEROMOTOCO | 4339.95 | 4600 |
| HFCL | 113.35 | 120 |
| HINDALCO | 622.65 | 650 |
| HINDCOPPER | 271.5 | 290 |
| HINDPETRO | 399.5 | 400 |
| HINDUNILVR | 2333.9 | 2400 |
| HUDCO | 242.11 | 245 |
| ICICIBANK | 1288.4 | 1300 |
| ICICIGI | 1902.15 | 1920 |
| ICICIPRULI | 653.9 | 670 |
| IDEA | 7.4 | 8 |
| IDFCFIRSTB | 61.68 | 65 |
| IEX | 177.45 | 182.5 |
| IGL | 388.3 | 370 |
| INDHOTEL | 854.1 | 850 |
| INDIAMART | 2249.95 | 2350 |
| INDIANB | 537.15 | 580 |
| INDIGO | 4395.6 | 4400 |
| INDUSINDBK | 929.45 | 980 |
| INDUSTOWER | 337.1 | 350 |
| INFY | 1922.15 | 1920 |
| IOC | 137.08 | 142.5 |
| IPCALAB | 1582.5 | 1560 |
| IRB | 55.09 | 57 |
| IRCTC | 784.25 | 830 |
| IRFC | 148.41 | 155 |
| ITC | 464.65 | 470 |
| JINDALSTEL | 908.05 | 940 |
| JIOFIN | 304.3 | 325 |
| JKCEMENT | 4517.8 | 4600 |
| JSL | 719.8 | 730 |
| JSWENERGY | 669.8 | 660 |
| JSWSTEEL | 917.35 | 950 |
| JUBLFOOD | 672.7 | 670 |
| KALYANKJIL | 719.2 | 740 |
| KEI | 4166.25 | 4400 |
| KOTAKBANK | 1743.55 | 1780 |
| KPITTECH | 1451.25 | 1500 |
| LALPATHLAB | 2946.25 | 3050 |
| LAURUSLABS | 559.2 | 570 |
| LICHSGFIN | 582.25 | 620 |
| LICI | 901.7 | 940 |
| LODHA | 1400.7 | 1440 |
| LT | 3629.85 | 3750 |
| LTF | 136.48 | 145 |
| LTIM | 5824.3 | 6150 |
| LTTS | 4828.5 | 5200 |
| LUPIN | 2150.7 | 2100 |
| M&M | 2906.35 | 3000 |
| M&MFIN | 266.05 | 275 |
| MANAPPURAM | 181.03 | 180 |
| MARICO | 627.95 | 630 |
| MARUTI | 10901.05 | 11100 |
| MAXHEALTH | 1165.2 | 1140 |
| MCX | 6397.4 | 6500 |
| METROPOLIS | 2058.05 | 2120 |
| MFSL | 1109.2 | 1140 |
| MGL | 1215.3 | 1260 |
| MOTHERSON | 156.06 | 165 |
| MPHASIS | 2950.6 | 3100 |
| MRF | 128057.9 | 130000 |
| MUTHOOTFIN | 2075.65 | 2060 |
| NATIONALUM | 215.36 | 232.5 |
| NAUKRI | 8494.95 | 8600 |
| NAVINFLUOR | 3305.85 | 3500 |
| NCC | 287.55 | 300 |
| NESTLEIND | 2163.5 | 2220 |
| NHPC | 81.47 | 85 |
| NMDC | 213.15 | 230 |
| NTPC | 333.25 | 350 |
| NYKAA | 167.33 | 170 |
| OBEROIRLTY | 2247.8 | 2200 |
| OFSS | 12247.55 | 12500 |
| OIL | 421.8 | 450 |
| ONGC | 237.1 | 250 |
| PAGEIND | 48856.35 | 48500 |
| PAYTM | 945.25 | 980 |
| PEL | 1093.7 | 1160 |
| PERSISTENT | 6368.7 | 6400 |
| PETRONET | 336.45 | 340 |
| PFC | 453.3 | 480 |
| PIDILITIND | 2976.8 | 3080 |
| PIIND | 3813.75 | 4000 |
| PNB | 100.77 | 105 |
| POLICYBZR | 2092.15 | 2000 |
| POLYCAB | 7178.25 | 7300 |
| POONAWALLA | 318.85 | 340 |
| POWERGRID | 315.8 | 325 |
| PRESTIGE | 1794.5 | 1800 |
| PVRINOX | 1382.1 | 1520 |
| RAMCOCEM | 986.1 | 1010 |
| RBLBANK | 152.79 | 160 |
| RECLTD | 513.25 | 530 |
| RELIANCE | 1205.3 | 1280 |
| SAIL | 116.1 | 125 |
| SBICARD | 687 | 710 |
| SBILIFE | 1400.6 | 1420 |
| SBIN | 812 | 840 |
| SHREECEM | 27063.5 | 27000 |
| SHRIRAMFIN | 2877.25 | 3000 |
| SIEMENS | 6868.9 | 7300 |
| SJVN | 111.54 | 117.5 |
| SONACOMS | 588.45 | 620 |
| SRF | 2277.6 | 2300 |
| SUNPHARMA | 1808.85 | 1800 |
| SUNTV | 696.85 | 730 |
| SUPREMEIND | 4839.8 | 4900 |
| SYNGENE | 844 | 860 |
| TATACHEM | 1028.85 | 1080 |
| TATACOMM | 1710.45 | 1800 |
| TATACONSUM | 889.45 | 930 |
| TATAELXSI | 6921.6 | 7200 |
| TATAMOTORS | 724.05 | 770 |
| TATAPOWER | 401.1 | 420 |
| TATASTEEL | 140.68 | 147.5 |
| TCS | 4170.3 | 4300 |
| TECHM | 1686.05 | 1740 |
| TIINDIA | 3619.1 | 3700 |
| TITAN | 3356.25 | 3400 |
| TORNTPHARM | 3437 | 3400 |
| TRENT | 6831.55 | 6900 |
| TVSMOTOR | 2391.65 | 2500 |
| UBL | 2025.35 | 2000 |
| ULTRACEMCO | 11422.8 | 11500 |
| UNIONBANK | 116.78 | 125 |
| UNITDSPR | 1544.8 | 1540 |
| UPL | 504.5 | 537.2 |
| VBL | 612.55 | 630 |
| VEDL | 477.25 | 490 |
| VOLTAS | 1686.5 | 1740 |
| WIPRO | 305.2 | 302.5 |
| YESBANK | 19.83 | 21 |
| ZOMATO | 282.1 | 285 |
| ZYDUSLIFE | 973.5 | 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.
