DABUR
Dabur India Ltd
Max pain for DABUR
12 Nov 2024 04:12 PM IST
Max Pain for DABUR is 540
Strike 450 has a total call value of 0 versus a total put value of 46,751,250,000 Combined total value = 46,751,250,000
Strike 455 has a total call value of 0 versus a total put value of 43,736,250,000 Combined total value = 43,736,250,000
Strike 460 has a total call value of 0 versus a total put value of 40,721,250,000 Combined total value = 40,721,250,000
Strike 465 has a total call value of 0 versus a total put value of 37,706,250,000 Combined total value = 37,706,250,000
Strike 470 has a total call value of 0 versus a total put value of 34,691,250,000 Combined total value = 34,691,250,000
Strike 475 has a total call value of 0 versus a total put value of 31,691,250,000 Combined total value = 31,691,250,000
Strike 480 has a total call value of 0 versus a total put value of 28,691,250,000 Combined total value = 28,691,250,000
Strike 485 has a total call value of 0 versus a total put value of 25,826,875,000 Combined total value = 25,826,875,000
Strike 490 has a total call value of 0 versus a total put value of 22,976,250,000 Combined total value = 22,976,250,000
Strike 495 has a total call value of 0 versus a total put value of 20,238,125,000 Combined total value = 20,238,125,000
Strike 500 has a total call value of 3,125,000 versus a total put value of 17,551,875,000 Combined total value = 17,555,000,000
Strike 505 has a total call value of 61,875,000 versus a total put value of 15,352,500,000 Combined total value = 15,414,375,000
Strike 510 has a total call value of 131,250,000 versus a total put value of 13,228,750,000 Combined total value = 13,360,000,000
Strike 515 has a total call value of 265,000,000 versus a total put value of 11,266,875,000 Combined total value = 11,531,875,000
Strike 520 has a total call value of 448,750,000 versus a total put value of 9,434,375,000 Combined total value = 9,883,125,000
Strike 525 has a total call value of 786,250,000 versus a total put value of 7,866,250,000 Combined total value = 8,652,500,000
Strike 530 has a total call value of 1,214,375,000 versus a total put value of 6,418,750,000 Combined total value = 7,633,125,000
Strike 535 has a total call value of 1,953,750,000 versus a total put value of 5,255,000,000 Combined total value = 7,208,750,000
Strike 540 has a total call value of 2,913,125,000 versus a total put value of 4,208,125,000 Combined total value = 7,121,250,000
Strike 545 has a total call value of 4,499,375,000 versus a total put value of 3,430,000,000 Combined total value = 7,929,375,000
Strike 550 has a total call value of 6,365,625,000 versus a total put value of 2,708,750,000 Combined total value = 9,074,375,000
Strike 555 has a total call value of 9,049,375,000 versus a total put value of 2,309,375,000 Combined total value = 11,358,750,000
Strike 560 has a total call value of 11,880,000,000 versus a total put value of 1,936,250,000 Combined total value = 13,816,250,000
Strike 565 has a total call value of 15,217,500,000 versus a total put value of 1,716,875,000 Combined total value = 16,934,375,000
Strike 570 has a total call value of 18,653,750,000 versus a total put value of 1,497,500,000 Combined total value = 20,151,250,000
Strike 575 has a total call value of 22,360,000,000 versus a total put value of 1,328,125,000 Combined total value = 23,688,125,000
Strike 580 has a total call value of 26,120,000,000 versus a total put value of 1,158,750,000 Combined total value = 27,278,750,000
Strike 585 has a total call value of 30,181,250,000 versus a total put value of 989,375,000 Combined total value = 31,170,625,000
Strike 590 has a total call value of 34,292,500,000 versus a total put value of 820,000,000 Combined total value = 35,112,500,000
Strike 595 has a total call value of 38,553,750,000 versus a total put value of 650,625,000 Combined total value = 39,204,375,000
Strike 600 has a total call value of 42,815,000,000 versus a total put value of 481,250,000 Combined total value = 43,296,250,000
Strike 605 has a total call value of 49,115,625,000 versus a total put value of 433,125,000 Combined total value = 49,548,750,000
Strike 610 has a total call value of 55,416,250,000 versus a total put value of 385,000,000 Combined total value = 55,801,250,000
Strike 615 has a total call value of 61,716,875,000 versus a total put value of 336,875,000 Combined total value = 62,053,750,000
Strike 620 has a total call value of 68,017,500,000 versus a total put value of 288,750,000 Combined total value = 68,306,250,000
Strike 625 has a total call value of 74,491,875,000 versus a total put value of 240,625,000 Combined total value = 74,732,500,000
Strike 630 has a total call value of 80,966,250,000 versus a total put value of 192,500,000 Combined total value = 81,158,750,000
Strike 635 has a total call value of 87,516,875,000 versus a total put value of 144,375,000 Combined total value = 87,661,250,000
Strike 640 has a total call value of 94,067,500,000 versus a total put value of 96,250,000 Combined total value = 94,163,750,000
Strike 645 has a total call value of 100,678,750,000 versus a total put value of 48,125,000 Combined total value = 100,726,875,000
Strike 650 has a total call value of 107,290,000,000 versus a total put value of 0 Combined total value = 107,290,000,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 445.25 | 460 |
| ABB | 6964.25 | 7200 |
| ABBOTINDIA | 28597.85 | 29000 |
| ABCAPITAL | 194.77 | 205 |
| ABFRL | 293.85 | 300 |
| ACC | 2263.9 | 2400 |
| ADANIENT | 2870 | 3000 |
| ADANIPORTS | 1326 | 1360 |
| ALKEM | 5503.4 | 5700 |
| AMBUJACEM | 556.6 | 580 |
| APOLLOHOSP | 7019.55 | 7200 |
| APOLLOTYRE | 471.35 | 480 |
| ASHOKLEY | 221.12 | 220 |
| ASIANPAINT | 2474.85 | 2600 |
| ASTRAL | 1742.65 | 1800 |
| ATUL | 7423.25 | 7700 |
| AUBANK | 579.25 | 590 |
| AUROPHARMA | 1267.4 | 1320 |
| AXISBANK | 1158.15 | 1170 |
| BAJAJ-AUTO | 9678.7 | 9900 |
| BAJAJFINSV | 1691.75 | 1740 |
| BAJFINANCE | 6638.2 | 6900 |
| BALKRISIND | 2742.25 | 2800 |
| BANDHANBNK | 172.59 | 180 |
| BANKBARODA | 252.7 | 255 |
| BATAINDIA | 1334.9 | 1340 |
| BEL | 290.15 | 295 |
| BERGEPAINT | 496.15 | 510 |
| BHARATFORG | 1360.6 | 1420 |
| BHARTIARTL | 1555.65 | 1600 |
| BHEL | 230.22 | 240 |
| BIOCON | 347.5 | 340 |
| BOSCHLTD | 33278.5 | 34000 |
| BPCL | 309.8 | 315 |
| BRITANNIA | 5027.55 | 5200 |
| BSOFT | 564.55 | 570 |
| CANBK | 101.5 | 105 |
| CANFINHOME | 828.85 | 850 |
| CHAMBLFERT | 483.95 | 500 |
| CHOLAFIN | 1239.75 | 1280 |
| CIPLA | 1525.15 | 1560 |
| COALINDIA | 414.05 | 434.25 |
| COFORGE | 8099.25 | 8000 |
| COLPAL | 2789.3 | 2900 |
| CONCOR | 809.75 | 840 |
| COROMANDEL | 1730.5 | 1700 |
| CROMPTON | 390.4 | 400 |
| CUB | 174.14 | 175 |
| CUMMINSIND | 3480.35 | 3550 |
| DABUR | 510.5 | 540 |
| DALBHARAT | 1786.7 | 1800 |
| DEEPAKNTR | 2572.9 | 2700 |
| DIVISLAB | 5810.7 | 5900 |
| DIXON | 15008.15 | 14750 |
| DLF | 764.85 | 800 |
| DRREDDY | 1263.9 | 1290 |
| EICHERMOT | 4738.2 | 4800 |
| ESCORTS | 3559.45 | 3650 |
| EXIDEIND | 431.8 | 450 |
| FEDERALBNK | 207.27 | 205 |
| GAIL | 194.15 | 205 |
| GLENMARK | 1577.05 | 1640 |
| GMRINFRA | 78.22 | 83 |
| GNFC | 589.2 | 630 |
| GODREJCP | 1176.2 | 1240 |
| GODREJPROP | 2645.1 | 2800 |
| GRANULES | 562.15 | 570 |
| GRASIM | 2521.2 | 2560 |
| GUJGASLTD | 503.05 | 520 |
| HAL | 4243.5 | 4400 |
| HAVELLS | 1603.4 | 1660 |
| HCLTECH | 1872.85 | 1820 |
| HDFCAMC | 4397.5 | 4450 |
| HDFCBANK | 1718.2 | 1740 |
| HDFCLIFE | 700 | 710 |
| HEROMOTOCO | 4724.2 | 4900 |
| HINDALCO | 651.65 | 660 |
| HINDCOPPER | 269.45 | 290 |
| HINDPETRO | 375.55 | 385 |
| HINDUNILVR | 2461.5 | 2520 |
| ICICIBANK | 1270.6 | 1270 |
| ICICIGI | 1892.25 | 1900 |
| ICICIPRULI | 702.1 | 720 |
| IDEA | 7.67 | 8 |
| IDFCFIRSTB | 66.24 | 67 |
| IEX | 166.23 | 175 |
| IGL | 427.3 | 430 |
| INDHOTEL | 730.4 | 720 |
| INDIAMART | 2308.15 | 2400 |
| INDIGO | 3912.9 | 4000 |
| INDUSINDBK | 1059.55 | 1080 |
| INDUSTOWER | 321 | 350 |
| INFY | 1868.8 | 1820 |
| IOC | 138.79 | 145 |
| IPCALAB | 1559.5 | 1560 |
| IRCTC | 811.65 | 840 |
| ITC | 472.85 | 480 |
| JINDALSTEL | 887 | 930 |
| JKCEMENT | 4062.55 | 4150 |
| JSWSTEEL | 957.25 | 990 |
| JUBLFOOD | 636.85 | 630 |
| KOTAKBANK | 1721.4 | 1760 |
| LALPATHLAB | 3029.9 | 3100 |
| LAURUSLABS | 489.55 | 490 |
| LICHSGFIN | 616.95 | 640 |
| LT | 3591.35 | 3600 |
| LTF | 138.57 | 145 |
| LTIM | 6005.05 | 5900 |
| LTTS | 5278.85 | 5200 |
| LUPIN | 2090.1 | 2120 |
| M&M | 2898.55 | 2900 |
| M&MFIN | 265.4 | 275 |
| MANAPPURAM | 157.99 | 155 |
| MARICO | 595.55 | 620 |
| MARUTI | 11143.1 | 11300 |
| MCX | 6104.35 | 6300 |
| METROPOLIS | 2174.3 | 2140 |
| MFSL | 1223.3 | 1220 |
| MGL | 1370.2 | 1420 |
| MOTHERSON | 166.04 | 180 |
| MPHASIS | 2853.45 | 2900 |
| MRF | 120924.15 | 122000 |
| MUTHOOTFIN | 1792.7 | 1860 |
| NATIONALUM | 225.91 | 227.5 |
| NAUKRI | 7821.3 | 7900 |
| NAVINFLUOR | 3322.05 | 3500 |
| NESTLEIND | 2256.2 | 2300 |
| NMDC | 224.76 | 230 |
| NTPC | 380.3 | 400 |
| OBEROIRLTY | 1989.65 | 2000 |
| OFSS | 11855.75 | 11500 |
| ONGC | 256.15 | 265 |
| PAGEIND | 47107.2 | 47000 |
| PEL | 1023.15 | 1060 |
| PERSISTENT | 5680.15 | 5500 |
| PETRONET | 322.7 | 333 |
| PFC | 467.15 | 470 |
| PIDILITIND | 3040.3 | 3140 |
| PIIND | 4548.9 | 4600 |
| PNB | 103.73 | 105 |
| POLYCAB | 6502.75 | 6700 |
| POWERGRID | 322.7 | 320 |
| PVRINOX | 1478.6 | 1500 |
| RAMCOCEM | 910 | 890 |
| RBLBANK | 159.68 | 167.5 |
| RECLTD | 514.5 | 530 |
| RELIANCE | 1274.25 | 1320 |
| SAIL | 114.17 | 120 |
| SBICARD | 679.25 | 695 |
| SBILIFE | 1562.45 | 1600 |
| SBIN | 826.7 | 840 |
| SHREECEM | 24372.8 | 24500 |
| SHRIRAMFIN | 2931.2 | 3100 |
| SIEMENS | 6799.45 | 7000 |
| SRF | 2253.05 | 2300 |
| SUNPHARMA | 1800.85 | 1820 |
| SUNTV | 730.6 | 740 |
| SYNGENE | 889.3 | 890 |
| TATACHEM | 1072.35 | 1120 |
| TATACOMM | 1759.65 | 1800 |
| TATACONSUM | 967.55 | 990 |
| TATAMOTORS | 784.85 | 820 |
| TATAPOWER | 414.15 | 435 |
| TATASTEEL | 144.17 | 150 |
| TCS | 4197.4 | 4150 |
| TECHM | 1687 | 1680 |
| TITAN | 3198.45 | 3200 |
| TORNTPHARM | 3151.05 | 3200 |
| TRENT | 6528.55 | 6700 |
| TVSMOTOR | 2440.3 | 2500 |
| UBL | 1882.45 | 1920 |
| ULTRACEMCO | 10892 | 11000 |
| UNITDSPR | 1446.8 | 1460 |
| UPL | 527.75 | 540 |
| VEDL | 444.75 | 460 |
| VOLTAS | 1699.6 | 1720 |
| WIPRO | 570.65 | 560 |
| ZYDUSLIFE | 949.75 | 1000 |
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.
