ETERNAL
Eternal Limited
Max pain for ETERNAL
15 Jul 2025 12:03 PM ISTNext Refresh in
Max Pain for ETERNAL is 260
Strike 200 has a total call value of 0 versus a total put value of 123,625,287,500 Combined total value = 123,625,287,500
Strike 205 has a total call value of 0 versus a total put value of 111,397,225,000 Combined total value = 111,397,225,000
Strike 210 has a total call value of 0 versus a total put value of 99,169,162,500 Combined total value = 99,169,162,500
Strike 215 has a total call value of 0 versus a total put value of 87,607,975,000 Combined total value = 87,607,975,000
Strike 220 has a total call value of 0 versus a total put value of 76,046,787,500 Combined total value = 76,046,787,500
Strike 225 has a total call value of 46,075,000 versus a total put value of 64,918,462,500 Combined total value = 64,964,537,500
Strike 230 has a total call value of 92,150,000 versus a total put value of 53,999,900,000 Combined total value = 54,092,050,000
Strike 235 has a total call value of 138,225,000 versus a total put value of 43,777,312,500 Combined total value = 43,915,537,500
Strike 240 has a total call value of 243,712,500 versus a total put value of 33,988,800,000 Combined total value = 34,232,512,500
Strike 245 has a total call value of 666,875,000 versus a total put value of 25,438,250,000 Combined total value = 26,105,125,000
Strike 250 has a total call value of 1,167,637,500 versus a total put value of 17,355,725,000 Combined total value = 18,523,362,500
Strike 255 has a total call value of 2,067,312,500 versus a total put value of 11,382,950,000 Combined total value = 13,450,262,500
Strike 260 has a total call value of 4,014,587,500 versus a total put value of 6,615,400,000 Combined total value = 10,629,987,500
Strike 265 has a total call value of 7,317,437,500 versus a total put value of 3,715,100,000 Combined total value = 11,032,537,500
Strike 270 has a total call value of 11,900,687,500 versus a total put value of 1,789,650,000 Combined total value = 13,690,337,500
Strike 275 has a total call value of 19,695,850,000 versus a total put value of 1,031,837,500 Combined total value = 20,727,687,500
Strike 280 has a total call value of 29,009,062,500 versus a total put value of 558,962,500 Combined total value = 29,568,025,000
Strike 285 has a total call value of 40,406,562,500 versus a total put value of 321,312,500 Combined total value = 40,727,875,000
Strike 290 has a total call value of 52,808,012,500 versus a total put value of 133,375,000 Combined total value = 52,941,387,500
Strike 295 has a total call value of 69,190,100,000 versus a total put value of 66,687,500 Combined total value = 69,256,787,500
Strike 300 has a total call value of 85,712,837,500 versus a total put value of 0 Combined total value = 85,712,837,500
Strike 305 has a total call value of 104,061,600,000 versus a total put value of 0 Combined total value = 104,061,600,000
Strike 310 has a total call value of 122,452,800,000 versus a total put value of 0 Combined total value = 122,452,800,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1193.6 | 1200 |
| AARTIIND | 448.9 | 455 |
| ABB | 5703 | 5900 |
| ABCAPITAL | 270.65 | 270 |
| ABFRL | 77 | 76 |
| ACC | 1986.6 | 1940 |
| ADANIENSOL | 875.45 | 880 |
| ADANIENT | 2589.5 | 2620 |
| ADANIGREEN | 1031 | 1000 |
| ADANIPORTS | 1443.3 | 1420 |
| ALKEM | 4906.1 | 4850 |
| AMBER | 7840 | 7400 |
| AMBUJACEM | 590.85 | 590 |
| ANGELONE | 2667.1 | 2700 |
| APLAPOLLO | 1715.9 | 1740 |
| APOLLOHOSP | 7279 | 7300 |
| ASHOKLEY | 250.6 | 250 |
| ASIANPAINT | 2400.8 | 2400 |
| ASTRAL | 1492.7 | 1500 |
| ATGL | 646.7 | 660 |
| AUBANK | 811.3 | 810 |
| AUROPHARMA | 1152.2 | 1140 |
| AXISBANK | 1169 | 1180 |
| BAJAJ-AUTO | 8254.5 | 8390 |
| BAJAJFINSV | 2021.7 | 2020 |
| BAJFINANCE | 921.5 | 930 |
| BALKRISIND | 2665 | 2580 |
| BANDHANBNK | 180.53 | 180 |
| BANKBARODA | 243.66 | 245 |
| BANKINDIA | 115.7 | 115.95 |
| BDL | 1817.1 | 1900 |
| BEL | 409.6 | 415 |
| BHARATFORG | 1230.6 | 1260 |
| BHARTIARTL | 1933.9 | 1960 |
| BHEL | 257.25 | 260 |
| BIOCON | 390 | 370 |
| BLUESTARCO | 1892.4 | 1780 |
| BOSCHLTD | 38405 | 36000 |
| BPCL | 349.2 | 340 |
| BRITANNIA | 5809.5 | 5800 |
| BSE | 2477 | 2600 |
| BSOFT | 427.8 | 430 |
| CAMS | 4223.5 | 4200 |
| CANBK | 115.25 | 114 |
| CDSL | 1684.2 | 1740 |
| CESC | 181.44 | 175 |
| CGPOWER | 673.4 | 670 |
| CHAMBLFERT | 551.45 | 560 |
| CHOLAFIN | 1546.3 | 1560 |
| CIPLA | 1487.5 | 1500 |
| COALINDIA | 385.85 | 395 |
| COFORGE | 1891.5 | 1880 |
| COLPAL | 2402.8 | 2400 |
| CONCOR | 616.35 | 610 |
| CROMPTON | 342.1 | 350 |
| CUMMINSIND | 3556.5 | 3400 |
| CYIENT | 1314 | 1300 |
| DABUR | 523.95 | 515 |
| DALBHARAT | 2170.7 | 2180 |
| DELHIVERY | 415.65 | 400 |
| DIVISLAB | 6739 | 6800 |
| DIXON | 15855 | 15250 |
| DLF | 838.3 | 840 |
| DMART | 4033.9 | 4100 |
| DRREDDY | 1256 | 1280 |
| EICHERMOT | 5633 | 5600 |
| ETERNAL | 267.1 | 260 |
| EXIDEIND | 385.75 | 390 |
| FEDERALBNK | 212.57 | 212.5 |
| FORTIS | 801.45 | 780 |
| GAIL | 184.54 | 190 |
| GLENMARK | 2209.4 | 2000 |
| GMRAIRPORT | 91.27 | 90 |
| GODREJCP | 1271.6 | 1260 |
| GODREJPROP | 2288.9 | 2300 |
| GRANULES | 489 | 500 |
| GRASIM | 2791.6 | 2800 |
| HAL | 4902.8 | 4900 |
| HAVELLS | 1532.8 | 1560 |
| HCLTECH | 1566.6 | 1600 |
| HDFCAMC | 5228 | 5100 |
| HDFCBANK | 1996 | 2000 |
| HDFCLIFE | 755.9 | 770 |
| HEROMOTOCO | 4397.2 | 4300 |
| HFCL | 82.57 | 85 |
| HINDALCO | 672.2 | 680 |
| HINDCOPPER | 263.05 | 265 |
| HINDPETRO | 429.85 | 430 |
| HINDUNILVR | 2517.6 | 2440 |
| HINDZINC | 438.1 | 450 |
| HUDCO | 233.91 | 235 |
| ICICIBANK | 1425.5 | 1430 |
| ICICIGI | 2006.5 | 2020 |
| ICICIPRULI | 674 | 660 |
| IDEA | 7.66 | 7 |
| IDFCFIRSTB | 73.1 | 75 |
| IEX | 207.9 | 200 |
| IGL | 219.67 | 215 |
| IIFL | 525.3 | 500 |
| INDHOTEL | 738.55 | 750 |
| INDIANB | 641.45 | 630 |
| INDIGO | 5955.5 | 5800 |
| INDUSINDBK | 880.4 | 860 |
| INDUSTOWER | 405.1 | 405 |
| INFY | 1590.2 | 1600 |
| INOXWIND | 173.07 | 175 |
| IOC | 150.96 | 150 |
| IRB | 48.57 | 49 |
| IRCTC | 773 | 780 |
| IREDA | 160.14 | 162.5 |
| IRFC | 135.2 | 140 |
| ITC | 422.05 | 420 |
| JINDALSTEL | 943.9 | 950 |
| JIOFIN | 320.7 | 320 |
| JSL | 688 | 690 |
| JSWENERGY | 529.55 | 510 |
| JSWSTEEL | 1040 | 1030 |
| JUBLFOOD | 687.9 | 690 |
| KALYANKJIL | 589.1 | 570 |
| KAYNES | 6005.5 | 6000 |
| KEI | 3825.4 | 3800 |
| KFINTECH | 1293.2 | 1300 |
| KOTAKBANK | 2214.7 | 2200 |
| KPITTECH | 1289 | 1280 |
| LAURUSLABS | 826.7 | 780 |
| LICHSGFIN | 614.25 | 610 |
| LICI | 921.6 | 930 |
| LODHA | 1438.6 | 1400 |
| LT | 3504.8 | 3560 |
| LTF | 204.5 | 200 |
| LTIM | 5260 | 5300 |
| LUPIN | 1948.8 | 1940 |
| M&M | 3137 | 3200 |
| M&MFIN | 264.3 | 263.5 |
| MANAPPURAM | 267.6 | 270 |
| MANKIND | 2651.5 | 2500 |
| MARICO | 733 | 730 |
| MARUTI | 12558 | 12600 |
| MAXHEALTH | 1257.1 | 1260 |
| MAZDOCK | 3108.4 | 3200 |
| MCX | 8267.5 | 8400 |
| MFSL | 1566.5 | 1600 |
| MGL | 1473 | 1500 |
| MOTHERSON | 158.14 | 155 |
| MPHASIS | 2872.5 | 2843 |
| MUTHOOTFIN | 2656.5 | 2600 |
| NATIONALUM | 190.2 | 190 |
| NAUKRI | 1389 | 1420 |
| NBCC | 115.85 | 115 |
| NCC | 228 | 225 |
| NESTLEIND | 2400 | 2420 |
| NHPC | 88.33 | 86 |
| NMDC | 68.18 | 70 |
| NTPC | 343.9 | 340 |
| NYKAA | 217.25 | 210 |
| OBEROIRLTY | 1832.2 | 1860 |
| OFSS | 8806.5 | 9000 |
| OIL | 445.35 | 450 |
| ONGC | 243.9 | 242.5 |
| PAGEIND | 48960 | 48000 |
| PATANJALI | 1714.6 | 1660 |
| PAYTM | 988.35 | 960 |
| PEL | 1320.2 | 1260 |
| PERSISTENT | 5618.5 | 5700 |
| PETRONET | 308.05 | 310 |
| PFC | 427.1 | 420 |
| PGEL | 810 | 780 |
| PHOENIXLTD | 1496 | 1500 |
| PIDILITIND | 2976.3 | 3000 |
| PIIND | 4134 | 4100 |
| PNB | 112.63 | 110 |
| PNBHOUSING | 1090 | 1100 |
| POLICYBZR | 1852.7 | 1850 |
| POLYCAB | 6873.5 | 6600 |
| POONAWALLA | 455.4 | 450 |
| POWERGRID | 298.3 | 300 |
| PPLPHARMA | 214.79 | 205 |
| PRESTIGE | 1760.3 | 1700 |
| RBLBANK | 265.3 | 247.5 |
| RECLTD | 401.3 | 400 |
| RELIANCE | 1491.6 | 1500 |
| RVNL | 383.7 | 390 |
| SAIL | 134.24 | 135 |
| SBICARD | 896.05 | 920 |
| SBILIFE | 1835.5 | 1840 |
| SBIN | 815.6 | 810 |
| SHREECEM | 30910 | 31000 |
| SHRIRAMFIN | 678 | 680 |
| SIEMENS | 3150 | 3200 |
| SJVN | 98.15 | 99 |
| SOLARINDS | 15416 | 16000 |
| SONACOMS | 457.95 | 470 |
| SRF | 3199.1 | 3200 |
| SUNPHARMA | 1724.1 | 1700 |
| SUPREMEIND | 4186.1 | 4300 |
| SYNGENE | 657.15 | 650 |
| TATACHEM | 934.4 | 940 |
| TATACOMM | 1725.8 | 1740 |
| TATACONSUM | 1074.6 | 1100 |
| TATAELXSI | 6383 | 6200 |
| TATAMOTORS | 682 | 690 |
| TATAPOWER | 402.7 | 405 |
| TATASTEEL | 159.6 | 160 |
| TATATECH | 725.9 | 720 |
| TCS | 3246.9 | 3300 |
| TECHM | 1579.6 | 1600 |
| TIINDIA | 2903.7 | 3000 |
| TITAGARH | 940.9 | 940 |
| TITAN | 3409.3 | 3450 |
| TORNTPHARM | 3438 | 3350 |
| TORNTPOWER | 1392.5 | 1420 |
| TRENT | 5348 | 5600 |
| TVSMOTOR | 2878.7 | 2860 |
| ULTRACEMCO | 12481 | 12300 |
| UNIONBANK | 146.84 | 147.5 |
| UNITDSPR | 1369.3 | 1400 |
| UNOMINDA | 1102.3 | 1100 |
| UPL | 674.65 | 650 |
| VBL | 466.85 | 460 |
| VEDL | 450 | 450 |
| VOLTAS | 1393.9 | 1360 |
| WIPRO | 257.7 | 260 |
| YESBANK | 20.01 | 20 |
| ZYDUSLIFE | 973.9 | 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.
