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FINNIFTY
Nifty Financial Services

23856.35 -67.40 (-0.28%)

Max pain for FINNIFTY

04 Jul 2024 12:43 PM IST

Max Pain for FINNIFTY is 23850  



Strike  19300  has a total call value of 0  versus a total put value of  3,321,616,400,000 Combined total value = 3,321,616,400,000

Strike  19350  has a total call value of 0  versus a total put value of  3,278,808,600,000 Combined total value = 3,278,808,600,000

Strike  19400  has a total call value of 0  versus a total put value of  3,236,000,800,000 Combined total value = 3,236,000,800,000

Strike  19450  has a total call value of 0  versus a total put value of  3,193,193,000,000 Combined total value = 3,193,193,000,000

Strike  19500  has a total call value of 0  versus a total put value of  3,150,385,200,000 Combined total value = 3,150,385,200,000

Strike  19550  has a total call value of 0  versus a total put value of  3,107,578,400,000 Combined total value = 3,107,578,400,000

Strike  19600  has a total call value of 0  versus a total put value of  3,064,771,600,000 Combined total value = 3,064,771,600,000

Strike  19650  has a total call value of 0  versus a total put value of  3,021,965,800,000 Combined total value = 3,021,965,800,000

Strike  19700  has a total call value of 0  versus a total put value of  2,979,160,000,000 Combined total value = 2,979,160,000,000

Strike  19750  has a total call value of 0  versus a total put value of  2,936,359,400,000 Combined total value = 2,936,359,400,000

Strike  19800  has a total call value of 0  versus a total put value of  2,893,558,800,000 Combined total value = 2,893,558,800,000

Strike  19850  has a total call value of 0  versus a total put value of  2,850,758,200,000 Combined total value = 2,850,758,200,000

Strike  19900  has a total call value of 0  versus a total put value of  2,807,957,600,000 Combined total value = 2,807,957,600,000

Strike  19950  has a total call value of 0  versus a total put value of  2,765,157,000,000 Combined total value = 2,765,157,000,000

Strike  20000  has a total call value of 0  versus a total put value of  2,722,356,400,000 Combined total value = 2,722,356,400,000

Strike  20050  has a total call value of 0  versus a total put value of  2,679,662,400,000 Combined total value = 2,679,662,400,000

Strike  20100  has a total call value of 0  versus a total put value of  2,636,968,400,000 Combined total value = 2,636,968,400,000

Strike  20150  has a total call value of 0  versus a total put value of  2,594,279,800,000 Combined total value = 2,594,279,800,000

Strike  20200  has a total call value of 0  versus a total put value of  2,551,591,200,000 Combined total value = 2,551,591,200,000

Strike  20250  has a total call value of 0  versus a total put value of  2,508,902,600,000 Combined total value = 2,508,902,600,000

Strike  20300  has a total call value of 0  versus a total put value of  2,466,214,000,000 Combined total value = 2,466,214,000,000

Strike  20350  has a total call value of 0  versus a total put value of  2,423,525,400,000 Combined total value = 2,423,525,400,000

Strike  20400  has a total call value of 0  versus a total put value of  2,380,836,800,000 Combined total value = 2,380,836,800,000

Strike  20450  has a total call value of 0  versus a total put value of  2,338,148,200,000 Combined total value = 2,338,148,200,000

Strike  20500  has a total call value of 0  versus a total put value of  2,295,459,600,000 Combined total value = 2,295,459,600,000

Strike  20550  has a total call value of 0  versus a total put value of  2,252,771,000,000 Combined total value = 2,252,771,000,000

Strike  20600  has a total call value of 0  versus a total put value of  2,210,082,400,000 Combined total value = 2,210,082,400,000

Strike  20650  has a total call value of 0  versus a total put value of  2,167,415,000,000 Combined total value = 2,167,415,000,000

Strike  20700  has a total call value of 0  versus a total put value of  2,124,747,600,000 Combined total value = 2,124,747,600,000

Strike  20750  has a total call value of 0  versus a total put value of  2,082,093,400,000 Combined total value = 2,082,093,400,000

Strike  20800  has a total call value of 0  versus a total put value of  2,039,439,200,000 Combined total value = 2,039,439,200,000

Strike  20850  has a total call value of 0  versus a total put value of  1,996,793,200,000 Combined total value = 1,996,793,200,000

Strike  20900  has a total call value of 0  versus a total put value of  1,954,148,200,000 Combined total value = 1,954,148,200,000

Strike  20950  has a total call value of 0  versus a total put value of  1,911,550,200,000 Combined total value = 1,911,550,200,000

Strike  21000  has a total call value of 0  versus a total put value of  1,868,952,200,000 Combined total value = 1,868,952,200,000

Strike  21050  has a total call value of 0  versus a total put value of  1,826,498,000,000 Combined total value = 1,826,498,000,000

Strike  21100  has a total call value of 0  versus a total put value of  1,784,047,800,000 Combined total value = 1,784,047,800,000

Strike  21150  has a total call value of 0  versus a total put value of  1,741,641,600,000 Combined total value = 1,741,641,600,000

Strike  21200  has a total call value of 0  versus a total put value of  1,699,235,400,000 Combined total value = 1,699,235,400,000

Strike  21250  has a total call value of 0  versus a total put value of  1,656,879,200,000 Combined total value = 1,656,879,200,000

Strike  21300  has a total call value of 0  versus a total put value of  1,614,529,400,000 Combined total value = 1,614,529,400,000

Strike  21350  has a total call value of 0  versus a total put value of  1,572,220,400,000 Combined total value = 1,572,220,400,000

Strike  21400  has a total call value of 0  versus a total put value of  1,529,931,600,000 Combined total value = 1,529,931,600,000

Strike  21450  has a total call value of 0  versus a total put value of  1,487,685,800,000 Combined total value = 1,487,685,800,000

Strike  21500  has a total call value of 0  versus a total put value of  1,445,441,000,000 Combined total value = 1,445,441,000,000

Strike  21550  has a total call value of 0  versus a total put value of  1,403,275,600,000 Combined total value = 1,403,275,600,000

Strike  21600  has a total call value of 0  versus a total put value of  1,361,110,200,000 Combined total value = 1,361,110,200,000

Strike  21650  has a total call value of 0  versus a total put value of  1,319,076,000,000 Combined total value = 1,319,076,000,000

Strike  21700  has a total call value of 0  versus a total put value of  1,277,046,600,000 Combined total value = 1,277,046,600,000

Strike  21750  has a total call value of 0  versus a total put value of  1,235,295,200,000 Combined total value = 1,235,295,200,000

Strike  21800  has a total call value of 0  versus a total put value of  1,193,551,000,000 Combined total value = 1,193,551,000,000

Strike  21850  has a total call value of 0  versus a total put value of  1,152,079,000,000 Combined total value = 1,152,079,000,000

Strike  21900  has a total call value of 0  versus a total put value of  1,110,616,400,000 Combined total value = 1,110,616,400,000

Strike  21950  has a total call value of 0  versus a total put value of  1,069,328,000,000 Combined total value = 1,069,328,000,000

Strike  22000  has a total call value of 0  versus a total put value of  1,028,061,600,000 Combined total value = 1,028,061,600,000

Strike  22050  has a total call value of 0  versus a total put value of  987,783,600,000 Combined total value = 987,783,600,000

Strike  22100  has a total call value of 0  versus a total put value of  947,551,400,000 Combined total value = 947,551,400,000

Strike  22150  has a total call value of 0  versus a total put value of  907,657,800,000 Combined total value = 907,657,800,000

Strike  22200  has a total call value of 0  versus a total put value of  867,799,200,000 Combined total value = 867,799,200,000

Strike  22250  has a total call value of 0  versus a total put value of  828,418,200,000 Combined total value = 828,418,200,000

Strike  22300  has a total call value of 0  versus a total put value of  789,096,400,000 Combined total value = 789,096,400,000

Strike  22350  has a total call value of 0  versus a total put value of  750,124,600,000 Combined total value = 750,124,600,000

Strike  22400  has a total call value of 0  versus a total put value of  711,219,800,000 Combined total value = 711,219,800,000

Strike  22450  has a total call value of 0  versus a total put value of  673,137,400,000 Combined total value = 673,137,400,000

Strike  22500  has a total call value of 0  versus a total put value of  635,246,600,000 Combined total value = 635,246,600,000

Strike  22550  has a total call value of 0  versus a total put value of  599,183,000,000 Combined total value = 599,183,000,000

Strike  22600  has a total call value of 0  versus a total put value of  563,256,600,000 Combined total value = 563,256,600,000

Strike  22650  has a total call value of 0  versus a total put value of  528,246,200,000 Combined total value = 528,246,200,000

Strike  22700  has a total call value of 0  versus a total put value of  493,501,000,000 Combined total value = 493,501,000,000

Strike  22750  has a total call value of 1,400,000  versus a total put value of  459,516,600,000 Combined total value = 459,518,000,000

Strike  22800  has a total call value of 2,800,000  versus a total put value of  425,880,200,000 Combined total value = 425,883,000,000

Strike  22850  has a total call value of 7,800,000  versus a total put value of  393,665,600,000 Combined total value = 393,673,400,000

Strike  22900  has a total call value of 12,800,000  versus a total put value of  361,759,800,000 Combined total value = 361,772,600,000

Strike  22950  has a total call value of 21,800,000  versus a total put value of  330,715,200,000 Combined total value = 330,737,000,000

Strike  23000  has a total call value of 30,800,000  versus a total put value of  300,111,600,000 Combined total value = 300,142,400,000

Strike  23050  has a total call value of 144,400,000  versus a total put value of  274,043,000,000 Combined total value = 274,187,400,000

Strike  23100  has a total call value of 258,000,000  versus a total put value of  248,222,600,000 Combined total value = 248,480,600,000

Strike  23150  has a total call value of 375,400,000  versus a total put value of  224,712,000,000 Combined total value = 225,087,400,000

Strike  23200  has a total call value of 492,800,000  versus a total put value of  201,556,600,000 Combined total value = 202,049,400,000

Strike  23250  has a total call value of 636,400,000  versus a total put value of  180,095,400,000 Combined total value = 180,731,800,000

Strike  23300  has a total call value of 780,000,000  versus a total put value of  159,364,400,000 Combined total value = 160,144,400,000

Strike  23350  has a total call value of 960,200,000  versus a total put value of  139,985,600,000 Combined total value = 140,945,800,000

Strike  23400  has a total call value of 1,140,400,000  versus a total put value of  121,303,400,000 Combined total value = 122,443,800,000

Strike  23450  has a total call value of 1,565,600,000  versus a total put value of  104,095,600,000 Combined total value = 105,661,200,000

Strike  23500  has a total call value of 2,075,400,000  versus a total put value of  87,898,400,000 Combined total value = 89,973,800,000

Strike  23550  has a total call value of 3,208,200,000  versus a total put value of  73,951,000,000 Combined total value = 77,159,200,000

Strike  23600  has a total call value of 4,472,600,000  versus a total put value of  60,581,400,000 Combined total value = 65,054,000,000

Strike  23650  has a total call value of 6,032,800,000  versus a total put value of  48,561,200,000 Combined total value = 54,594,000,000

Strike  23700  has a total call value of 7,715,400,000  versus a total put value of  37,124,800,000 Combined total value = 44,840,200,000

Strike  23750  has a total call value of 9,776,000,000  versus a total put value of  27,593,800,000 Combined total value = 37,369,800,000

Strike  23800  has a total call value of 12,144,800,000  versus a total put value of  18,770,400,000 Combined total value = 30,915,200,000

Strike  23850  has a total call value of 15,976,400,000  versus a total put value of  12,056,200,000 Combined total value = 28,032,600,000

Strike  23900  has a total call value of 21,295,800,000  versus a total put value of  6,995,800,000 Combined total value = 28,291,600,000

Strike  23950  has a total call value of 29,548,200,000  versus a total put value of  3,714,800,000 Combined total value = 33,263,000,000

Strike  24000  has a total call value of 40,013,200,000  versus a total put value of  1,353,200,000 Combined total value = 41,366,400,000

Strike  24050  has a total call value of 55,397,400,000  versus a total put value of  873,000,000 Combined total value = 56,270,400,000

Strike  24100  has a total call value of 72,174,400,000  versus a total put value of  561,200,000 Combined total value = 72,735,600,000

Strike  24150  has a total call value of 91,030,800,000  versus a total put value of  371,600,000 Combined total value = 91,402,400,000

Strike  24200  has a total call value of 111,014,200,000  versus a total put value of  237,400,000 Combined total value = 111,251,600,000

Strike  24250  has a total call value of 133,066,600,000  versus a total put value of  157,400,000 Combined total value = 133,224,000,000

Strike  24300  has a total call value of 156,399,600,000  versus a total put value of  95,800,000 Combined total value = 156,495,400,000

Strike  24350  has a total call value of 181,405,400,000  versus a total put value of  65,200,000 Combined total value = 181,470,600,000

Strike  24400  has a total call value of 207,623,000,000  versus a total put value of  36,600,000 Combined total value = 207,659,600,000

Strike  24450  has a total call value of 235,501,600,000  versus a total put value of  18,400,000 Combined total value = 235,520,000,000

Strike  24500  has a total call value of 264,098,000,000  versus a total put value of  5,200,000 Combined total value = 264,103,200,000

Strike  24550  has a total call value of 296,077,800,000  versus a total put value of  2,600,000 Combined total value = 296,080,400,000

Strike  24600  has a total call value of 328,726,800,000  versus a total put value of  0 Combined total value = 328,726,800,000

Strike  24650  has a total call value of 366,700,000,000  versus a total put value of  0 Combined total value = 366,700,000,000

Strike  24700  has a total call value of 405,426,200,000  versus a total put value of  0 Combined total value = 405,426,200,000

Strike  24750  has a total call value of 446,686,000,000  versus a total put value of  0 Combined total value = 446,686,000,000

Strike  24800  has a total call value of 488,855,000,000  versus a total put value of  0 Combined total value = 488,855,000,000

Strike  24850  has a total call value of 533,521,000,000  versus a total put value of  0 Combined total value = 533,521,000,000

Strike  24900  has a total call value of 578,884,200,000  versus a total put value of  0 Combined total value = 578,884,200,000

Strike  24950  has a total call value of 625,354,200,000  versus a total put value of  0 Combined total value = 625,354,200,000

Strike  25000  has a total call value of 672,043,400,000  versus a total put value of  0 Combined total value = 672,043,400,000

Strike  25050  has a total call value of 726,752,200,000  versus a total put value of  0 Combined total value = 726,752,200,000

Strike  25100  has a total call value of 781,626,000,000  versus a total put value of  0 Combined total value = 781,626,000,000

Strike  25150  has a total call value of 837,472,600,000  versus a total put value of  0 Combined total value = 837,472,600,000

Strike  25200  has a total call value of 893,477,600,000  versus a total put value of  0 Combined total value = 893,477,600,000

Strike  25250  has a total call value of 951,416,200,000  versus a total put value of  0 Combined total value = 951,416,200,000

Strike  25300  has a total call value of 1,009,354,800,000  versus a total put value of  0 Combined total value = 1,009,354,800,000

Strike  25350  has a total call value of 1,068,590,200,000  versus a total put value of  0 Combined total value = 1,068,590,200,000

Strike  25400  has a total call value of 1,127,825,600,000  versus a total put value of  0 Combined total value = 1,127,825,600,000

Strike  25450  has a total call value of 1,187,911,400,000  versus a total put value of  0 Combined total value = 1,187,911,400,000

Strike  25500  has a total call value of 1,247,997,200,000  versus a total put value of  0 Combined total value = 1,247,997,200,000

Strike  25550  has a total call value of 1,309,720,000,000  versus a total put value of  0 Combined total value = 1,309,720,000,000

Strike  25600  has a total call value of 1,371,442,800,000  versus a total put value of  0 Combined total value = 1,371,442,800,000

Strike  25650  has a total call value of 1,434,661,400,000  versus a total put value of  0 Combined total value = 1,434,661,400,000

Strike  25700  has a total call value of 1,497,880,000,000  versus a total put value of  0 Combined total value = 1,497,880,000,000

Strike  25750  has a total call value of 1,561,792,000,000  versus a total put value of  0 Combined total value = 1,561,792,000,000

Strike  25800  has a total call value of 1,625,704,000,000  versus a total put value of  0 Combined total value = 1,625,704,000,000

Strike  25850  has a total call value of 1,690,461,000,000  versus a total put value of  0 Combined total value = 1,690,461,000,000

Strike  25900  has a total call value of 1,755,218,000,000  versus a total put value of  0 Combined total value = 1,755,218,000,000

Strike  25950  has a total call value of 1,820,844,000,000  versus a total put value of  0 Combined total value = 1,820,844,000,000

Strike  26000  has a total call value of 1,886,470,000,000  versus a total put value of  0 Combined total value = 1,886,470,000,000

Strike  26050  has a total call value of 1,953,108,800,000  versus a total put value of  0 Combined total value = 1,953,108,800,000

Strike  26100  has a total call value of 2,019,747,600,000  versus a total put value of  0 Combined total value = 2,019,747,600,000

Strike  26150  has a total call value of 2,087,524,800,000  versus a total put value of  0 Combined total value = 2,087,524,800,000

Strike  26200  has a total call value of 2,155,302,000,000  versus a total put value of  0 Combined total value = 2,155,302,000,000

Strike  26250  has a total call value of 2,223,206,000,000  versus a total put value of  0 Combined total value = 2,223,206,000,000

Strike  26300  has a total call value of 2,291,110,000,000  versus a total put value of  0 Combined total value = 2,291,110,000,000

Strike  26350  has a total call value of 2,359,101,400,000  versus a total put value of  0 Combined total value = 2,359,101,400,000

Strike  26400  has a total call value of 2,427,092,800,000  versus a total put value of  0 Combined total value = 2,427,092,800,000

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.