DRREDDY
Dr. Reddy S Laboratories
Max pain for DRREDDY
28 Feb 2025 04:10 PM IST
Max Pain for DRREDDY is 1150
Strike 960 has a total call value of 0 versus a total put value of 29,558,750,000 Combined total value = 29,558,750,000
Strike 970 has a total call value of 0 versus a total put value of 27,521,875,000 Combined total value = 27,521,875,000
Strike 980 has a total call value of 0 versus a total put value of 25,517,500,000 Combined total value = 25,517,500,000
Strike 990 has a total call value of 0 versus a total put value of 23,526,875,000 Combined total value = 23,526,875,000
Strike 1000 has a total call value of 0 versus a total put value of 21,543,125,000 Combined total value = 21,543,125,000
Strike 1010 has a total call value of 0 versus a total put value of 19,675,000,000 Combined total value = 19,675,000,000
Strike 1020 has a total call value of 0 versus a total put value of 17,816,875,000 Combined total value = 17,816,875,000
Strike 1030 has a total call value of 0 versus a total put value of 16,124,375,000 Combined total value = 16,124,375,000
Strike 1040 has a total call value of 0 versus a total put value of 14,431,875,000 Combined total value = 14,431,875,000
Strike 1050 has a total call value of 0 versus a total put value of 12,758,750,000 Combined total value = 12,758,750,000
Strike 1060 has a total call value of 0 versus a total put value of 11,138,125,000 Combined total value = 11,138,125,000
Strike 1070 has a total call value of 0 versus a total put value of 9,647,500,000 Combined total value = 9,647,500,000
Strike 1080 has a total call value of 0 versus a total put value of 8,179,375,000 Combined total value = 8,179,375,000
Strike 1090 has a total call value of 0 versus a total put value of 6,847,500,000 Combined total value = 6,847,500,000
Strike 1100 has a total call value of 0 versus a total put value of 5,563,750,000 Combined total value = 5,563,750,000
Strike 1110 has a total call value of 71,250,000 versus a total put value of 4,584,375,000 Combined total value = 4,655,625,000
Strike 1120 has a total call value of 177,500,000 versus a total put value of 3,701,875,000 Combined total value = 3,879,375,000
Strike 1130 has a total call value of 375,625,000 versus a total put value of 2,961,250,000 Combined total value = 3,336,875,000
Strike 1140 has a total call value of 728,750,000 versus a total put value of 2,324,375,000 Combined total value = 3,053,125,000
Strike 1150 has a total call value of 1,181,250,000 versus a total put value of 1,778,125,000 Combined total value = 2,959,375,000
Strike 1160 has a total call value of 2,131,250,000 versus a total put value of 1,460,625,000 Combined total value = 3,591,875,000
Strike 1170 has a total call value of 3,215,625,000 versus a total put value of 1,198,750,000 Combined total value = 4,414,375,000
Strike 1180 has a total call value of 4,501,250,000 versus a total put value of 936,875,000 Combined total value = 5,438,125,000
Strike 1190 has a total call value of 5,948,125,000 versus a total put value of 714,375,000 Combined total value = 6,662,500,000
Strike 1200 has a total call value of 7,441,250,000 versus a total put value of 491,875,000 Combined total value = 7,933,125,000
Strike 1210 has a total call value of 9,594,375,000 versus a total put value of 437,500,000 Combined total value = 10,031,875,000
Strike 1220 has a total call value of 11,836,250,000 versus a total put value of 383,125,000 Combined total value = 12,219,375,000
Strike 1230 has a total call value of 14,145,625,000 versus a total put value of 328,750,000 Combined total value = 14,474,375,000
Strike 1240 has a total call value of 16,476,875,000 versus a total put value of 274,375,000 Combined total value = 16,751,250,000
Strike 1250 has a total call value of 18,846,250,000 versus a total put value of 220,000,000 Combined total value = 19,066,250,000
Strike 1260 has a total call value of 21,390,000,000 versus a total put value of 173,750,000 Combined total value = 21,563,750,000
Strike 1270 has a total call value of 24,190,000,000 versus a total put value of 130,000,000 Combined total value = 24,320,000,000
Strike 1280 has a total call value of 26,990,000,000 versus a total put value of 86,250,000 Combined total value = 27,076,250,000
Strike 1290 has a total call value of 29,798,125,000 versus a total put value of 43,125,000 Combined total value = 29,841,250,000
Strike 1300 has a total call value of 32,607,500,000 versus a total put value of 0 Combined total value = 32,607,500,000
Strike 1310 has a total call value of 35,613,125,000 versus a total put value of 0 Combined total value = 35,613,125,000
Strike 1320 has a total call value of 38,618,750,000 versus a total put value of 0 Combined total value = 38,618,750,000
Strike 1330 has a total call value of 41,624,375,000 versus a total put value of 0 Combined total value = 41,624,375,000
Strike 1340 has a total call value of 44,630,000,000 versus a total put value of 0 Combined total value = 44,630,000,000
Strike 1350 has a total call value of 47,643,750,000 versus a total put value of 0 Combined total value = 47,643,750,000
Strike 1360 has a total call value of 50,664,375,000 versus a total put value of 0 Combined total value = 50,664,375,000
Strike 1370 has a total call value of 53,685,000,000 versus a total put value of 0 Combined total value = 53,685,000,000
Strike 1380 has a total call value of 56,705,625,000 versus a total put value of 0 Combined total value = 56,705,625,000
Strike 1390 has a total call value of 59,728,125,000 versus a total put value of 0 Combined total value = 59,728,125,000
Strike 1400 has a total call value of 62,750,625,000 versus a total put value of 0 Combined total value = 62,750,625,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 376 | 400 |
ABB | 4935.4 | 5200 |
ABCAPITAL | 156.33 | 165 |
ABFRL | 242.15 | 255 |
ACC | 1818.55 | 2000 |
ADANIENSOL | 650.9 | 680 |
ADANIENT | 2096 | 2500 |
ADANIGREEN | 774.4 | 820 |
ADANIPORTS | 1069.4 | 1100 |
ALKEM | 4646.2 | 4650 |
AMBUJACEM | 464.95 | 510 |
ANGELONE | 2169.15 | 2100 |
APLAPOLLO | 1438.95 | 1460 |
APOLLOHOSP | 6052.6 | 6200 |
APOLLOTYRE | 374.3 | 400 |
ASHOKLEY | 212.94 | 220 |
ASIANPAINT | 2179.75 | 2260 |
ASTRAL | 1337.25 | 1400 |
ATGL | 557.15 | 560 |
AUBANK | 565.7 | 555 |
AUROPHARMA | 1058.3 | 1100 |
AXISBANK | 1015.55 | 1030 |
BAJAJ-AUTO | 7902.9 | 8300 |
BAJAJFINSV | 1872.3 | 1900 |
BAJFINANCE | 8530.3 | 8500 |
BALKRISIND | 2615.65 | 2700 |
BANDHANBNK | 141.19 | 145 |
BANKBARODA | 197.07 | 215 |
BANKINDIA | 95.16 | 100 |
BEL | 246.25 | 260 |
BERGEPAINT | 488.55 | 490 |
BHARATFORG | 1016.5 | 1040 |
BHARTIARTL | 1570.2 | 1620 |
BHEL | 179.17 | 195 |
BIOCON | 302.45 | 320 |
BOSCHLTD | 26544 | 30000 |
BPCL | 237.3 | 250 |
BRITANNIA | 4595.45 | 4800 |
BSE | 4633.7 | 5100 |
BSOFT | 424.05 | 450 |
CAMS | 3143.1 | 3300 |
CANBK | 80.9 | 88 |
CDSL | 1107.9 | 1200 |
CESC | 130.79 | 135 |
CGPOWER | 572.6 | 580 |
CHAMBLFERT | 533.7 | 550 |
CHOLAFIN | 1400.75 | 1400 |
CIPLA | 1407.5 | 1460 |
COALINDIA | 369.35 | 380 |
COFORGE | 7362.15 | 7400 |
COLPAL | 2464.6 | 2500 |
CONCOR | 623.7 | 680 |
CROMPTON | 321.15 | 330 |
CUMMINSIND | 2717.95 | 2800 |
CYIENT | 1267.15 | 1300 |
DABUR | 493.3 | 510 |
DALBHARAT | 1689.65 | 1700 |
DEEPAKNTR | 1851.3 | 1900 |
DELHIVERY | 249.85 | 260 |
DIVISLAB | 5480.25 | 5650 |
DIXON | 13935.85 | 14000 |
DLF | 635.55 | 670 |
DMART | 3403.95 | 3550 |
DRREDDY | 1116.5 | 1150 |
EICHERMOT | 4773.6 | 4950 |
ESCORTS | 2868.95 | 3000 |
EXIDEIND | 347.8 | 370 |
FEDERALBNK | 177.62 | 180 |
GAIL | 156.04 | 160 |
GLENMARK | 1278.95 | 1300 |
GMRAIRPORT | 69.47 | 71 |
GODREJCP | 1005.15 | 1030 |
GODREJPROP | 1936.3 | 2000 |
GRANULES | 461.8 | 490 |
GRASIM | 2306.65 | 2360 |
HAL | 3088.2 | 3400 |
HAVELLS | 1421.8 | 1440 |
HCLTECH | 1575.05 | 1640 |
HDFCAMC | 3628.3 | 3800 |
HDFCBANK | 1732.4 | 1720 |
HDFCLIFE | 608.5 | 620 |
HEROMOTOCO | 3681.1 | 3800 |
HFCL | 79.19 | 85 |
HINDALCO | 634.35 | 630 |
HINDCOPPER | 202.32 | 220 |
HINDPETRO | 293.75 | 310 |
HINDUNILVR | 2190.25 | 2300 |
HUDCO | 165.14 | 180 |
ICICIBANK | 1204.1 | 1250 |
ICICIGI | 1690.95 | 1720 |
ICICIPRULI | 551.6 | 560 |
IDEA | 7.55 | 8 |
IDFCFIRSTB | 58.39 | 61 |
IEX | 155.93 | 165 |
IGL | 189.48 | 195 |
INDHOTEL | 716.1 | 740 |
INDIANB | 510.8 | 520 |
INDIGO | 4477.3 | 4500 |
INDUSINDBK | 990.1 | 1040 |
INDUSTOWER | 323.35 | 345 |
INFY | 1687.7 | 1760 |
IOC | 113.49 | 120 |
IRB | 43.26 | 45 |
IRCTC | 670.95 | 710 |
IRFC | 112.42 | 115 |
ITC | 395 | 405 |
JINDALSTEL | 856.15 | 880 |
JIOFIN | 207.61 | 220 |
JKCEMENT | 4389.35 | 4500 |
JSL | 584.85 | 610 |
JSWENERGY | 464.1 | 460 |
JSWSTEEL | 950.7 | 970 |
JUBLFOOD | 626.1 | 650 |
KALYANKJIL | 462.25 | 460 |
KEI | 3070.15 | 3000 |
KOTAKBANK | 1902.95 | 1940 |
KPITTECH | 1197.4 | 1260 |
LAURUSLABS | 527.2 | 540 |
LICHSGFIN | 496.9 | 530 |
LICI | 740.5 | 760 |
LODHA | 1130.9 | 1200 |
LT | 3163.85 | 3300 |
LTF | 134.73 | 140 |
LTIM | 4665.95 | 5000 |
LTTS | 4533.2 | 4700 |
LUPIN | 1904.65 | 1900 |
M&M | 2585.1 | 2700 |
M&MFIN | 270.6 | 280 |
MANAPPURAM | 200.96 | 200 |
MARICO | 600.6 | 620 |
MARUTI | 11945.85 | 12200 |
MAXHEALTH | 978.1 | 1020 |
MCX | 4991.65 | 5400 |
MFSL | 998.1 | 1040 |
MGL | 1237.5 | 1300 |
MOTHERSON | 118.59 | 125 |
MPHASIS | 2247.25 | 2350 |
MRF | 105373.7 | 110000 |
MUTHOOTFIN | 2132.8 | 2200 |
NATIONALUM | 177.6 | 186 |
NAUKRI | 6992.65 | 7300 |
NBCC | 72.86 | 77.5 |
NCC | 175 | 180 |
NESTLEIND | 2189.65 | 2260 |
NHPC | 72.9 | 75 |
NMDC | 62.48 | 69 |
NTPC | 311.45 | 320 |
NYKAA | 158.8 | 160 |
OBEROIRLTY | 1484.5 | 1520 |
OFSS | 7763.9 | 8000 |
OIL | 342.7 | 370 |
ONGC | 225.25 | 235 |
PAGEIND | 40515.95 | 42000 |
PAYTM | 714.95 | 740 |
PEL | 872.4 | 940 |
PERSISTENT | 5303.9 | 5400 |
PETRONET | 283.3 | 290 |
PFC | 364.3 | 390 |
PHOENIXLTD | 1548.1 | 1500 |
PIDILITIND | 2657.9 | 2800 |
PIIND | 3013.95 | 3100 |
PNB | 87.39 | 95 |
POLICYBZR | 1463.6 | 1550 |
POLYCAB | 4713.4 | 4900 |
POONAWALLA | 281.3 | 280 |
POWERGRID | 250.85 | 265 |
PRESTIGE | 1126.6 | 1150 |
RAMCOCEM | 829 | 850 |
RBLBANK | 158.34 | 160 |
RECLTD | 360.3 | 390 |
RELIANCE | 1200.1 | 1250 |
SAIL | 105.02 | 110 |
SBICARD | 838.8 | 850 |
SBILIFE | 1430.5 | 1480 |
SBIN | 688.8 | 720 |
SHREECEM | 27284 | 27250 |
SHRIRAMFIN | 617.3 | 610 |
SIEMENS | 4623.5 | 4800 |
SJVN | 84.11 | 87.5 |
SOLARINDS | 8710.6 | 9000 |
SONACOMS | 493.9 | 500 |
SRF | 2795.4 | 2800 |
SUNPHARMA | 1593.25 | 1640 |
SUPREMEIND | 3329 | 3500 |
SYNGENE | 652.4 | 700 |
TATACHEM | 777.35 | 840 |
TATACOMM | 1352.5 | 1400 |
TATACONSUM | 963.7 | 1000 |
TATAELXSI | 5411.1 | 5500 |
TATAMOTORS | 620.65 | 660 |
TATAPOWER | 339.2 | 360 |
TATASTEEL | 137.2 | 140 |
TCS | 3483.25 | 3650 |
TECHM | 1487.85 | 1560 |
TIINDIA | 2462.15 | 2600 |
TITAN | 3077.25 | 3200 |
TORNTPHARM | 2948.1 | 3000 |
TORNTPOWER | 1262.95 | 1300 |
TRENT | 4851.55 | 5000 |
TVSMOTOR | 2225.5 | 2320 |
ULTRACEMCO | 10128.45 | 10500 |
UNIONBANK | 112.1 | 115 |
UNITDSPR | 1284.45 | 1300 |
UPL | 632.95 | 640 |
USDINR | 0 | 77.25 |
VBL | 436.05 | 470 |
VEDL | 394.75 | 430 |
VOLTAS | 1320.1 | 1300 |
WIPRO | 277.65 | 290 |
YESBANK | 16.75 | 18 |
ZOMATO | 222.1 | 230 |
ZYDUSLIFE | 876.6 | 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.