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FINNIFTY
Nifty Financial Services

23316.7 267.20 (1.16%)

Max pain for FINNIFTY

26 Jul 2024 04:13 PM IST

Max Pain for FINNIFTY is 23250  



Strike  18000  has a total call value of 0  versus a total put value of  5,302,933,500,000 Combined total value = 5,302,933,500,000

Strike  18100  has a total call value of 0  versus a total put value of  5,187,347,000,000 Combined total value = 5,187,347,000,000

Strike  18200  has a total call value of 0  versus a total put value of  5,071,760,500,000 Combined total value = 5,071,760,500,000

Strike  18300  has a total call value of 0  versus a total put value of  4,956,174,000,000 Combined total value = 4,956,174,000,000

Strike  18400  has a total call value of 0  versus a total put value of  4,840,587,500,000 Combined total value = 4,840,587,500,000

Strike  18500  has a total call value of 0  versus a total put value of  4,725,001,000,000 Combined total value = 4,725,001,000,000

Strike  18600  has a total call value of 0  versus a total put value of  4,609,472,500,000 Combined total value = 4,609,472,500,000

Strike  18700  has a total call value of 0  versus a total put value of  4,493,944,000,000 Combined total value = 4,493,944,000,000

Strike  18800  has a total call value of 0  versus a total put value of  4,378,415,500,000 Combined total value = 4,378,415,500,000

Strike  18900  has a total call value of 0  versus a total put value of  4,263,311,500,000 Combined total value = 4,263,311,500,000

Strike  19000  has a total call value of 0  versus a total put value of  4,148,291,000,000 Combined total value = 4,148,291,000,000

Strike  19100  has a total call value of 0  versus a total put value of  4,033,679,000,000 Combined total value = 4,033,679,000,000

Strike  19200  has a total call value of 0  versus a total put value of  3,919,079,500,000 Combined total value = 3,919,079,500,000

Strike  19300  has a total call value of 0  versus a total put value of  3,804,567,750,000 Combined total value = 3,804,567,750,000

Strike  19350  has a total call value of 0  versus a total put value of  3,747,433,375,000 Combined total value = 3,747,433,375,000

Strike  19400  has a total call value of 0  versus a total put value of  3,690,299,000,000 Combined total value = 3,690,299,000,000

Strike  19450  has a total call value of 0  versus a total put value of  3,633,167,750,000 Combined total value = 3,633,167,750,000

Strike  19500  has a total call value of 0  versus a total put value of  3,576,036,500,000 Combined total value = 3,576,036,500,000

Strike  19550  has a total call value of 0  versus a total put value of  3,518,965,125,000 Combined total value = 3,518,965,125,000

Strike  19600  has a total call value of 0  versus a total put value of  3,461,893,750,000 Combined total value = 3,461,893,750,000

Strike  19650  has a total call value of 0  versus a total put value of  3,404,858,250,000 Combined total value = 3,404,858,250,000

Strike  19700  has a total call value of 0  versus a total put value of  3,347,822,750,000 Combined total value = 3,347,822,750,000

Strike  19750  has a total call value of 0  versus a total put value of  3,290,794,875,000 Combined total value = 3,290,794,875,000

Strike  19800  has a total call value of 0  versus a total put value of  3,233,767,000,000 Combined total value = 3,233,767,000,000

Strike  19850  has a total call value of 0  versus a total put value of  3,176,764,625,000 Combined total value = 3,176,764,625,000

Strike  19900  has a total call value of 0  versus a total put value of  3,119,762,250,000 Combined total value = 3,119,762,250,000

Strike  19950  has a total call value of 0  versus a total put value of  3,062,772,875,000 Combined total value = 3,062,772,875,000

Strike  20000  has a total call value of 0  versus a total put value of  3,005,783,500,000 Combined total value = 3,005,783,500,000

Strike  20050  has a total call value of 0  versus a total put value of  2,948,948,500,000 Combined total value = 2,948,948,500,000

Strike  20100  has a total call value of 0  versus a total put value of  2,892,113,500,000 Combined total value = 2,892,113,500,000

Strike  20150  has a total call value of 0  versus a total put value of  2,835,309,500,000 Combined total value = 2,835,309,500,000

Strike  20200  has a total call value of 0  versus a total put value of  2,778,505,500,000 Combined total value = 2,778,505,500,000

Strike  20250  has a total call value of 0  versus a total put value of  2,721,726,250,000 Combined total value = 2,721,726,250,000

Strike  20300  has a total call value of 0  versus a total put value of  2,664,947,000,000 Combined total value = 2,664,947,000,000

Strike  20350  has a total call value of 0  versus a total put value of  2,608,211,250,000 Combined total value = 2,608,211,250,000

Strike  20400  has a total call value of 0  versus a total put value of  2,551,475,500,000 Combined total value = 2,551,475,500,000

Strike  20450  has a total call value of 0  versus a total put value of  2,494,858,750,000 Combined total value = 2,494,858,750,000

Strike  20500  has a total call value of 0  versus a total put value of  2,438,242,000,000 Combined total value = 2,438,242,000,000

Strike  20550  has a total call value of 0  versus a total put value of  2,381,991,875,000 Combined total value = 2,381,991,875,000

Strike  20600  has a total call value of 0  versus a total put value of  2,325,741,750,000 Combined total value = 2,325,741,750,000

Strike  20650  has a total call value of 0  versus a total put value of  2,269,543,125,000 Combined total value = 2,269,543,125,000

Strike  20700  has a total call value of 0  versus a total put value of  2,213,344,500,000 Combined total value = 2,213,344,500,000

Strike  20750  has a total call value of 0  versus a total put value of  2,157,182,375,000 Combined total value = 2,157,182,375,000

Strike  20800  has a total call value of 0  versus a total put value of  2,101,020,250,000 Combined total value = 2,101,020,250,000

Strike  20850  has a total call value of 0  versus a total put value of  2,044,883,125,000 Combined total value = 2,044,883,125,000

Strike  20900  has a total call value of 0  versus a total put value of  1,988,746,000,000 Combined total value = 1,988,746,000,000

Strike  20950  has a total call value of 0  versus a total put value of  1,932,670,750,000 Combined total value = 1,932,670,750,000

Strike  21000  has a total call value of 0  versus a total put value of  1,876,595,500,000 Combined total value = 1,876,595,500,000

Strike  21050  has a total call value of 0  versus a total put value of  1,821,309,625,000 Combined total value = 1,821,309,625,000

Strike  21100  has a total call value of 0  versus a total put value of  1,766,023,750,000 Combined total value = 1,766,023,750,000

Strike  21150  has a total call value of 0  versus a total put value of  1,710,793,375,000 Combined total value = 1,710,793,375,000

Strike  21200  has a total call value of 0  versus a total put value of  1,655,563,000,000 Combined total value = 1,655,563,000,000

Strike  21250  has a total call value of 0  versus a total put value of  1,600,367,875,000 Combined total value = 1,600,367,875,000

Strike  21300  has a total call value of 0  versus a total put value of  1,545,172,750,000 Combined total value = 1,545,172,750,000

Strike  21350  has a total call value of 0  versus a total put value of  1,490,165,250,000 Combined total value = 1,490,165,250,000

Strike  21400  has a total call value of 0  versus a total put value of  1,435,157,750,000 Combined total value = 1,435,157,750,000

Strike  21450  has a total call value of 0  versus a total put value of  1,380,396,500,000 Combined total value = 1,380,396,500,000

Strike  21500  has a total call value of 0  versus a total put value of  1,325,635,250,000 Combined total value = 1,325,635,250,000

Strike  21550  has a total call value of 0  versus a total put value of  1,272,056,000,000 Combined total value = 1,272,056,000,000

Strike  21600  has a total call value of 0  versus a total put value of  1,218,476,750,000 Combined total value = 1,218,476,750,000

Strike  21650  has a total call value of 0  versus a total put value of  1,165,161,375,000 Combined total value = 1,165,161,375,000

Strike  21700  has a total call value of 0  versus a total put value of  1,111,846,000,000 Combined total value = 1,111,846,000,000

Strike  21750  has a total call value of 0  versus a total put value of  1,058,830,000,000 Combined total value = 1,058,830,000,000

Strike  21800  has a total call value of 0  versus a total put value of  1,005,814,000,000 Combined total value = 1,005,814,000,000

Strike  21850  has a total call value of 0  versus a total put value of  953,693,625,000 Combined total value = 953,693,625,000

Strike  21900  has a total call value of 0  versus a total put value of  901,579,875,000 Combined total value = 901,579,875,000

Strike  21950  has a total call value of 0  versus a total put value of  849,914,375,000 Combined total value = 849,914,375,000

Strike  22000  has a total call value of 0  versus a total put value of  798,450,250,000 Combined total value = 798,450,250,000

Strike  22050  has a total call value of 625,000  versus a total put value of  749,172,000,000 Combined total value = 749,172,625,000

Strike  22100  has a total call value of 1,250,000  versus a total put value of  700,072,500,000 Combined total value = 700,073,750,000

Strike  22150  has a total call value of 1,875,000  versus a total put value of  651,866,375,000 Combined total value = 651,868,250,000

Strike  22200  has a total call value of 2,500,000  versus a total put value of  604,083,250,000 Combined total value = 604,085,750,000

Strike  22250  has a total call value of 3,125,000  versus a total put value of  560,249,750,000 Combined total value = 560,252,875,000

Strike  22300  has a total call value of 3,750,000  versus a total put value of  517,010,875,000 Combined total value = 517,014,625,000

Strike  22350  has a total call value of 4,375,000  versus a total put value of  475,011,625,000 Combined total value = 475,016,000,000

Strike  22400  has a total call value of 5,000,000  versus a total put value of  433,353,375,000 Combined total value = 433,358,375,000

Strike  22450  has a total call value of 11,500,000  versus a total put value of  392,995,750,000 Combined total value = 393,007,250,000

Strike  22500  has a total call value of 20,500,000  versus a total put value of  353,036,250,000 Combined total value = 353,056,750,000

Strike  22550  has a total call value of 43,625,000  versus a total put value of  315,888,375,000 Combined total value = 315,932,000,000

Strike  22600  has a total call value of 70,500,000  versus a total put value of  281,461,625,000 Combined total value = 281,532,125,000

Strike  22650  has a total call value of 116,500,000  versus a total put value of  249,057,500,000 Combined total value = 249,174,000,000

Strike  22700  has a total call value of 178,375,000  versus a total put value of  217,364,625,000 Combined total value = 217,543,000,000

Strike  22750  has a total call value of 291,375,000  versus a total put value of  187,910,625,000 Combined total value = 188,202,000,000

Strike  22800  has a total call value of 473,500,000  versus a total put value of  159,566,500,000 Combined total value = 160,040,000,000

Strike  22850  has a total call value of 823,375,000  versus a total put value of  134,298,125,000 Combined total value = 135,121,500,000

Strike  22900  has a total call value of 1,303,375,000  versus a total put value of  110,018,750,000 Combined total value = 111,322,125,000

Strike  22950  has a total call value of 2,282,375,000  versus a total put value of  88,558,875,000 Combined total value = 90,841,250,000

Strike  23000  has a total call value of 3,775,375,000  versus a total put value of  68,946,375,000 Combined total value = 72,721,750,000

Strike  23050  has a total call value of 6,817,625,000  versus a total put value of  54,815,250,000 Combined total value = 61,632,875,000

Strike  23100  has a total call value of 10,356,750,000  versus a total put value of  42,178,625,000 Combined total value = 52,535,375,000

Strike  23150  has a total call value of 14,621,500,000  versus a total put value of  31,562,500,000 Combined total value = 46,184,000,000

Strike  23200  has a total call value of 19,353,125,000  versus a total put value of  22,059,125,000 Combined total value = 41,412,250,000

Strike  23250  has a total call value of 25,418,250,000  versus a total put value of  15,039,625,000 Combined total value = 40,457,875,000

Strike  23300  has a total call value of 32,493,875,000  versus a total put value of  9,443,500,000 Combined total value = 41,937,375,000

Strike  23350  has a total call value of 43,047,625,000  versus a total put value of  6,363,000,000 Combined total value = 49,410,625,000

Strike  23400  has a total call value of 54,667,125,000  versus a total put value of  3,946,500,000 Combined total value = 58,613,625,000

Strike  23450  has a total call value of 68,829,625,000  versus a total put value of  2,458,375,000 Combined total value = 71,288,000,000

Strike  23500  has a total call value of 84,141,125,000  versus a total put value of  1,094,750,000 Combined total value = 85,235,875,000

Strike  23550  has a total call value of 103,911,875,000  versus a total put value of  747,625,000 Combined total value = 104,659,500,000

Strike  23600  has a total call value of 124,901,875,000  versus a total put value of  483,875,000 Combined total value = 125,385,750,000

Strike  23650  has a total call value of 150,048,375,000  versus a total put value of  328,625,000 Combined total value = 150,377,000,000

Strike  23700  has a total call value of 176,672,375,000  versus a total put value of  210,500,000 Combined total value = 176,882,875,000

Strike  23750  has a total call value of 206,357,625,000  versus a total put value of  152,125,000 Combined total value = 206,509,750,000

Strike  23800  has a total call value of 237,472,750,000  versus a total put value of  111,250,000 Combined total value = 237,584,000,000

Strike  23850  has a total call value of 273,484,250,000  versus a total put value of  91,750,000 Combined total value = 273,576,000,000

Strike  23900  has a total call value of 310,564,875,000  versus a total put value of  72,750,000 Combined total value = 310,637,625,000

Strike  23950  has a total call value of 349,930,000,000  versus a total put value of  53,750,000 Combined total value = 349,983,750,000

Strike  24000  has a total call value of 390,022,500,000  versus a total put value of  36,250,000 Combined total value = 390,058,750,000

Strike  24050  has a total call value of 435,171,250,000  versus a total put value of  32,250,000 Combined total value = 435,203,500,000

Strike  24100  has a total call value of 481,090,375,000  versus a total put value of  28,250,000 Combined total value = 481,118,625,000

Strike  24150  has a total call value of 528,673,000,000  versus a total put value of  24,250,000 Combined total value = 528,697,250,000

Strike  24200  has a total call value of 576,894,125,000  versus a total put value of  20,250,000 Combined total value = 576,914,375,000

Strike  24250  has a total call value of 627,742,250,000  versus a total put value of  16,250,000 Combined total value = 627,758,500,000

Strike  24300  has a total call value of 679,026,500,000  versus a total put value of  12,250,000 Combined total value = 679,038,750,000

Strike  24350  has a total call value of 732,044,000,000  versus a total put value of  8,250,000 Combined total value = 732,052,250,000

Strike  24400  has a total call value of 785,263,125,000  versus a total put value of  5,500,000 Combined total value = 785,268,625,000

Strike  24450  has a total call value of 839,591,125,000  versus a total put value of  2,750,000 Combined total value = 839,593,875,000

Strike  24500  has a total call value of 894,177,125,000  versus a total put value of  0 Combined total value = 894,177,125,000

Strike  24550  has a total call value of 951,591,625,000  versus a total put value of  0 Combined total value = 951,591,625,000

Strike  24600  has a total call value of 1,009,122,625,000  versus a total put value of  0 Combined total value = 1,009,122,625,000

Strike  24650  has a total call value of 1,067,178,500,000  versus a total put value of  0 Combined total value = 1,067,178,500,000

Strike  24700  has a total call value of 1,125,438,875,000  versus a total put value of  0 Combined total value = 1,125,438,875,000

Strike  24750  has a total call value of 1,183,976,500,000  versus a total put value of  0 Combined total value = 1,183,976,500,000

Strike  24800  has a total call value of 1,242,659,500,000  versus a total put value of  0 Combined total value = 1,242,659,500,000

Strike  24850  has a total call value of 1,301,679,750,000  versus a total put value of  0 Combined total value = 1,301,679,750,000

Strike  24900  has a total call value of 1,360,880,125,000  versus a total put value of  0 Combined total value = 1,360,880,125,000

Strike  24950  has a total call value of 1,420,265,250,000  versus a total put value of  0 Combined total value = 1,420,265,250,000

Strike  25000  has a total call value of 1,479,721,250,000  versus a total put value of  0 Combined total value = 1,479,721,250,000

Strike  25050  has a total call value of 1,541,162,875,000  versus a total put value of  0 Combined total value = 1,541,162,875,000

Strike  25100  has a total call value of 1,602,650,875,000  versus a total put value of  0 Combined total value = 1,602,650,875,000

Strike  25150  has a total call value of 1,664,190,250,000  versus a total put value of  0 Combined total value = 1,664,190,250,000

Strike  25200  has a total call value of 1,725,792,625,000  versus a total put value of  0 Combined total value = 1,725,792,625,000

Strike  25250  has a total call value of 1,787,475,250,000  versus a total put value of  0 Combined total value = 1,787,475,250,000

Strike  25300  has a total call value of 1,849,157,875,000  versus a total put value of  0 Combined total value = 1,849,157,875,000

Strike  25350  has a total call value of 1,910,895,750,000  versus a total put value of  0 Combined total value = 1,910,895,750,000

Strike  25400  has a total call value of 1,972,633,625,000  versus a total put value of  0 Combined total value = 1,972,633,625,000

Strike  25450  has a total call value of 2,034,464,625,000  versus a total put value of  0 Combined total value = 2,034,464,625,000

Strike  25500  has a total call value of 2,096,295,625,000  versus a total put value of  0 Combined total value = 2,096,295,625,000

Strike  25550  has a total call value of 2,158,624,000,000  versus a total put value of  0 Combined total value = 2,158,624,000,000

Strike  25600  has a total call value of 2,220,952,375,000  versus a total put value of  0 Combined total value = 2,220,952,375,000

Strike  25650  has a total call value of 2,283,388,500,000  versus a total put value of  0 Combined total value = 2,283,388,500,000

Strike  25700  has a total call value of 2,345,824,625,000  versus a total put value of  0 Combined total value = 2,345,824,625,000

Strike  25750  has a total call value of 2,408,418,000,000  versus a total put value of  0 Combined total value = 2,408,418,000,000

Strike  25800  has a total call value of 2,471,011,375,000  versus a total put value of  0 Combined total value = 2,471,011,375,000

Strike  25850  has a total call value of 2,533,808,875,000  versus a total put value of  0 Combined total value = 2,533,808,875,000

Strike  25900  has a total call value of 2,596,606,375,000  versus a total put value of  0 Combined total value = 2,596,606,375,000

Strike  25950  has a total call value of 2,659,476,625,000  versus a total put value of  0 Combined total value = 2,659,476,625,000

Strike  26000  has a total call value of 2,722,346,875,000  versus a total put value of  0 Combined total value = 2,722,346,875,000

Strike  26050  has a total call value of 2,787,229,250,000  versus a total put value of  0 Combined total value = 2,787,229,250,000

Strike  26100  has a total call value of 2,852,111,625,000  versus a total put value of  0 Combined total value = 2,852,111,625,000

Strike  26150  has a total call value of 2,917,939,125,000  versus a total put value of  0 Combined total value = 2,917,939,125,000

Strike  26200  has a total call value of 2,983,766,625,000  versus a total put value of  0 Combined total value = 2,983,766,625,000

Strike  26250  has a total call value of 3,050,220,500,000  versus a total put value of  0 Combined total value = 3,050,220,500,000

Strike  26300  has a total call value of 3,116,674,375,000  versus a total put value of  0 Combined total value = 3,116,674,375,000

Strike  26350  has a total call value of 3,184,299,500,000  versus a total put value of  0 Combined total value = 3,184,299,500,000

Strike  26400  has a total call value of 3,251,924,625,000  versus a total put value of  0 Combined total value = 3,251,924,625,000

All Max-Pain Table

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.