DIXON
Dixon Techno (india) Ltd
Max pain for DIXON
19 Feb 2025 02:12 PM IST
Max Pain for DIXON is 14500
Strike 12000 has a total call value of 0 versus a total put value of 159,413,750,000 Combined total value = 159,413,750,000
Strike 12250 has a total call value of 0 versus a total put value of 139,603,750,000 Combined total value = 139,603,750,000
Strike 12500 has a total call value of 0 versus a total put value of 120,177,500,000 Combined total value = 120,177,500,000
Strike 12750 has a total call value of 0 versus a total put value of 102,208,750,000 Combined total value = 102,208,750,000
Strike 13000 has a total call value of 20,000,000 versus a total put value of 84,893,750,000 Combined total value = 84,913,750,000
Strike 13250 has a total call value of 247,500,000 versus a total put value of 69,985,000,000 Combined total value = 70,232,500,000
Strike 13500 has a total call value of 552,500,000 versus a total put value of 56,497,500,000 Combined total value = 57,050,000,000
Strike 13750 has a total call value of 1,168,750,000 versus a total put value of 45,841,250,000 Combined total value = 47,010,000,000
Strike 14000 has a total call value of 2,346,250,000 versus a total put value of 35,981,250,000 Combined total value = 38,327,500,000
Strike 14250 has a total call value of 5,943,750,000 versus a total put value of 29,101,250,000 Combined total value = 35,045,000,000
Strike 14500 has a total call value of 11,210,000,000 versus a total put value of 23,060,000,000 Combined total value = 34,270,000,000
Strike 14750 has a total call value of 19,978,750,000 versus a total put value of 17,978,750,000 Combined total value = 37,957,500,000
Strike 15000 has a total call value of 30,868,750,000 versus a total put value of 13,252,500,000 Combined total value = 44,121,250,000
Strike 15250 has a total call value of 49,500,000,000 versus a total put value of 10,282,500,000 Combined total value = 59,782,500,000
Strike 15500 has a total call value of 69,918,750,000 versus a total put value of 7,887,500,000 Combined total value = 77,806,250,000
Strike 15750 has a total call value of 95,632,500,000 versus a total put value of 5,846,250,000 Combined total value = 101,478,750,000
Strike 16000 has a total call value of 124,098,750,000 versus a total put value of 3,950,000,000 Combined total value = 128,048,750,000
Strike 16250 has a total call value of 160,348,750,000 versus a total put value of 2,805,000,000 Combined total value = 163,153,750,000
Strike 16500 has a total call value of 197,927,500,000 versus a total put value of 1,885,000,000 Combined total value = 199,812,500,000
Strike 16750 has a total call value of 237,966,250,000 versus a total put value of 1,181,250,000 Combined total value = 239,147,500,000
Strike 17000 has a total call value of 278,531,250,000 versus a total put value of 477,500,000 Combined total value = 279,008,750,000
Strike 17250 has a total call value of 323,377,500,000 versus a total put value of 365,000,000 Combined total value = 323,742,500,000
Strike 17500 has a total call value of 369,100,000,000 versus a total put value of 252,500,000 Combined total value = 369,352,500,000
Strike 17750 has a total call value of 416,733,750,000 versus a total put value of 140,000,000 Combined total value = 416,873,750,000
Strike 18000 has a total call value of 464,721,250,000 versus a total put value of 27,500,000 Combined total value = 464,748,750,000
Strike 18250 has a total call value of 516,687,500,000 versus a total put value of 17,500,000 Combined total value = 516,705,000,000
Strike 18500 has a total call value of 568,833,750,000 versus a total put value of 7,500,000 Combined total value = 568,841,250,000
Strike 18750 has a total call value of 621,806,250,000 versus a total put value of 6,250,000 Combined total value = 621,812,500,000
Strike 19000 has a total call value of 674,800,000,000 versus a total put value of 5,000,000 Combined total value = 674,805,000,000
Strike 19250 has a total call value of 728,901,250,000 versus a total put value of 3,750,000 Combined total value = 728,905,000,000
Strike 19500 has a total call value of 783,002,500,000 versus a total put value of 2,500,000 Combined total value = 783,005,000,000
Strike 19750 has a total call value of 837,418,750,000 versus a total put value of 1,250,000 Combined total value = 837,420,000,000
Strike 20000 has a total call value of 891,835,000,000 versus a total put value of 0 Combined total value = 891,835,000,000
Strike 20250 has a total call value of 948,492,500,000 versus a total put value of 0 Combined total value = 948,492,500,000
Strike 20500 has a total call value of 1,005,150,000,000 versus a total put value of 0 Combined total value = 1,005,150,000,000
Strike 20750 has a total call value of 1,061,807,500,000 versus a total put value of 0 Combined total value = 1,061,807,500,000
Strike 21000 has a total call value of 1,118,465,000,000 versus a total put value of 0 Combined total value = 1,118,465,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 417.25 | 430 |
ABB | 5157.95 | 5200 |
ABBOTINDIA | 29600 | 28500 |
ABCAPITAL | 155.8 | 167.5 |
ABFRL | 252.1 | 260 |
ACC | 1866.3 | 2000 |
ADANIENSOL | 672.4 | 700 |
ADANIENT | 2192.15 | 2300 |
ADANIGREEN | 872.75 | 900 |
ADANIPORTS | 1085.85 | 1100 |
ALKEM | 4740.2 | 4800 |
AMBUJACEM | 480.15 | 510 |
ANGELONE | 2295 | 2300 |
APLAPOLLO | 1381.6 | 1420 |
APOLLOHOSP | 6426.55 | 6400 |
APOLLOTYRE | 412.6 | 420 |
ASHOKLEY | 224.75 | 217.5 |
ASIANPAINT | 2241.2 | 2280 |
ASTRAL | 1370.65 | 1400 |
ATGL | 581.7 | 600 |
ATUL | 5571.05 | 5500 |
AUBANK | 519.6 | 535 |
AUROPHARMA | 1133.35 | 1160 |
AXISBANK | 1010.05 | 1000 |
BAJAJ-AUTO | 8470.55 | 8700 |
BAJAJFINSV | 1880.1 | 1820 |
BAJFINANCE | 8484.35 | 8200 |
BALKRISIND | 2675.25 | 2700 |
BANDHANBNK | 132.66 | 142.5 |
BANKBARODA | 209.45 | 220 |
BANKINDIA | 99.61 | 100 |
BATAINDIA | 1258.6 | 1300 |
BEL | 252.95 | 265 |
BERGEPAINT | 487.95 | 485 |
BHARATFORG | 1077.3 | 1100 |
BHARTIARTL | 1643.9 | 1660 |
BHEL | 194.38 | 200 |
BIOCON | 336.8 | 350 |
BOSCHLTD | 27221.25 | 29000 |
BPCL | 255.5 | 255 |
BRITANNIA | 4841.7 | 4950 |
BSE | 5595 | 5400 |
BSOFT | 468.35 | 500 |
CAMS | 3395 | 3500 |
CANBK | 85.44 | 90 |
CANFINHOME | 599.1 | 640 |
CDSL | 1214.5 | 1220 |
CESC | 131.73 | 130 |
CGPOWER | 589.9 | 590 |
CHAMBLFERT | 536.95 | 530 |
CHOLAFIN | 1376 | 1340 |
CIPLA | 1466 | 1460 |
COALINDIA | 362.3 | 370 |
COFORGE | 7760 | 8000 |
COLPAL | 2464.85 | 2520 |
CONCOR | 695.55 | 730 |
COROMANDEL | 1716.15 | 1780 |
CROMPTON | 329.9 | 345 |
CUB | 158.06 | 165 |
CUMMINSIND | 2694.2 | 2800 |
CYIENT | 1471.55 | 1420 |
DABUR | 505.2 | 520 |
DALBHARAT | 1781.85 | 1800 |
DEEPAKNTR | 1919 | 2000 |
DELHIVERY | 276.25 | 285 |
DIVISLAB | 5927.9 | 5950 |
DIXON | 14142.3 | 14500 |
DLF | 691.35 | 700 |
DMART | 3679.95 | 3700 |
DRREDDY | 1166.25 | 1190 |
EICHERMOT | 4795.4 | 4850 |
ESCORTS | 3022.9 | 3150 |
EXIDEIND | 364.7 | 370 |
FEDERALBNK | 180.73 | 185 |
GAIL | 163.65 | 165 |
GLENMARK | 1364.95 | 1380 |
GMRAIRPORT | 70.03 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 543.95 | 550 |
GODREJCP | 1019.85 | 1050 |
GODREJPROP | 2047 | 2100 |
GRANULES | 532.2 | 540 |
GRASIM | 2463.1 | 2500 |
GUJGASLTD | 396.5 | 400 |
HAL | 3382.25 | 3550 |
HAVELLS | 1517.9 | 1540 |
HCLTECH | 1710.85 | 1720 |
HDFCAMC | 3775.05 | 3850 |
HDFCBANK | 1729.2 | 1720 |
HDFCLIFE | 622.8 | 630 |
HEROMOTOCO | 3886.75 | 4050 |
HFCL | 88.24 | 95 |
HINDALCO | 623.55 | 610 |
HINDCOPPER | 219.52 | 225 |
HINDPETRO | 323.35 | 330 |
HINDUNILVR | 2252.05 | 2320 |
HUDCO | 183.7 | 190 |
ICICIBANK | 1256.05 | 1250 |
ICICIGI | 1724.25 | 1780 |
ICICIPRULI | 574.65 | 590 |
IDEA | 8.3 | 9 |
IDFCFIRSTB | 59.74 | 61 |
IEX | 168.32 | 170 |
IGL | 194.1 | 195 |
INDHOTEL | 744.15 | 750 |
INDIAMART | 2074.95 | 2100 |
INDIANB | 525.95 | 520 |
INDIGO | 4386 | 4350 |
INDUSINDBK | 1035.2 | 1040 |
INDUSTOWER | 341.4 | 355 |
INFY | 1817.75 | 1860 |
IOC | 119.61 | 125 |
IPCALAB | 1462.3 | 1480 |
IRB | 47.15 | 48 |
IRCTC | 727.05 | 760 |
IRFC | 124.79 | 127.5 |
ITC | 406.8 | 420 |
JINDALSTEL | 858.85 | 840 |
JIOFIN | 227.52 | 230 |
JKCEMENT | 4617.3 | 4650 |
JSL | 598.05 | 610 |
JSWENERGY | 455.6 | 450 |
JSWSTEEL | 975.1 | 960 |
JUBLFOOD | 705.75 | 700 |
KALYANKJIL | 484.1 | 500 |
KEI | 3547.65 | 3500 |
KOTAKBANK | 1980 | 1940 |
KPITTECH | 1338 | 1400 |
LALPATHLAB | 2619.25 | 2700 |
LAURUSLABS | 544.5 | 570 |
LICHSGFIN | 537.5 | 560 |
LICI | 763.3 | 800 |
LODHA | 1182.85 | 1200 |
LT | 3292.9 | 3350 |
LTF | 134.16 | 142.5 |
LTIM | 5488.35 | 5600 |
LTTS | 4874.65 | 5000 |
LUPIN | 1975.75 | 2020 |
M&M | 2762.05 | 2900 |
M&MFIN | 277 | 280 |
MANAPPURAM | 199.45 | 195 |
MARICO | 633 | 640 |
MARUTI | 12691.15 | 12700 |
MAXHEALTH | 1022 | 1020 |
MCX | 5615.5 | 5700 |
METROPOLIS | 1640.7 | 1700 |
MFSL | 1055.65 | 1080 |
MGL | 1294.35 | 1300 |
MOTHERSON | 128 | 130 |
MPHASIS | 2618 | 2650 |
MRF | 109330 | 110000 |
MUTHOOTFIN | 2265.8 | 2240 |
NATIONALUM | 186.77 | 186 |
NAUKRI | 7586.35 | 7700 |
NAVINFLUOR | 4045 | 4100 |
NBCC | 80.98 | 82.5 |
NCC | 189.75 | 200 |
NESTLEIND | 2209.2 | 2240 |
NHPC | 73.68 | 74 |
NMDC | 64.69 | 65 |
NTPC | 314.7 | 315 |
NYKAA | 169.91 | 170 |
OBEROIRLTY | 1610.55 | 1640 |
OFSS | 8815 | 9000 |
OIL | 399.25 | 410 |
ONGC | 238.4 | 240 |
PAGEIND | 41500 | 42000 |
PAYTM | 744.45 | 760 |
PEL | 929.7 | 960 |
PERSISTENT | 5896.7 | 5800 |
PETRONET | 298.5 | 295 |
PFC | 383.4 | 390 |
PHOENIXLTD | 1571.55 | 1600 |
PIDILITIND | 2759.5 | 2840 |
PIIND | 3192.55 | 3300 |
PNB | 92.75 | 97 |
POLICYBZR | 1497.3 | 1600 |
POLYCAB | 5609.9 | 5700 |
POONAWALLA | 285.4 | 295 |
POWERGRID | 263.8 | 270 |
PRESTIGE | 1239.05 | 1300 |
PVRINOX | 983.95 | 1020 |
RAMCOCEM | 863.4 | 870 |
RBLBANK | 160.22 | 162.5 |
RECLTD | 394.85 | 410 |
RELIANCE | 1229.3 | 1250 |
SAIL | 106.62 | 107.5 |
SBICARD | 853.9 | 840 |
SBILIFE | 1473.5 | 1460 |
SBIN | 726.85 | 750 |
SHREECEM | 28645 | 28000 |
SHRIRAMFIN | 556.25 | 550 |
SIEMENS | 4979.1 | 5100 |
SJVN | 89.94 | 90 |
SOLARINDS | 8818 | 9000 |
SONACOMS | 510 | 510 |
SRF | 2734.05 | 2800 |
SUNPHARMA | 1683.6 | 1700 |
SUNTV | 578.55 | 600 |
SUPREMEIND | 3705 | 3700 |
SYNGENE | 705.85 | 720 |
TATACHEM | 856.2 | 900 |
TATACOMM | 1503.1 | 1580 |
TATACONSUM | 1027.5 | 1020 |
TATAELXSI | 5991.7 | 6200 |
TATAMOTORS | 682.1 | 700 |
TATAPOWER | 347.5 | 360 |
TATASTEEL | 135.97 | 136 |
TCS | 3786.1 | 3900 |
TECHM | 1696.95 | 1680 |
TIINDIA | 2669.35 | 2800 |
TITAN | 3213.25 | 3300 |
TORNTPHARM | 3119.1 | 3100 |
TORNTPOWER | 1246.85 | 1300 |
TRENT | 5037.25 | 5300 |
TVSMOTOR | 2385.6 | 2440 |
UBL | 2030 | 2040 |
ULTRACEMCO | 11283.45 | 11400 |
UNIONBANK | 114.42 | 113 |
UNITDSPR | 1330 | 1400 |
UPL | 647.2 | 610 |
VBL | 475.55 | 500 |
VEDL | 423.6 | 430 |
VOLTAS | 1284.15 | 1300 |
WIPRO | 313.3 | 310 |
YESBANK | 17.96 | 19 |
ZOMATO | 233.48 | 225 |
ZYDUSLIFE | 889.25 | 930 |
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.