FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
23 Jan 2025 04:13 PM IST
Max Pain for FINNIFTY is 22800
Strike 19900 has a total call value of 0 versus a total put value of 593,217,500,000 Combined total value = 593,217,500,000
Strike 19950 has a total call value of 0 versus a total put value of 579,419,000,000 Combined total value = 579,419,000,000
Strike 20000 has a total call value of 0 versus a total put value of 565,620,500,000 Combined total value = 565,620,500,000
Strike 20050 has a total call value of 0 versus a total put value of 552,551,125,000 Combined total value = 552,551,125,000
Strike 20100 has a total call value of 0 versus a total put value of 539,481,750,000 Combined total value = 539,481,750,000
Strike 20150 has a total call value of 0 versus a total put value of 526,436,250,000 Combined total value = 526,436,250,000
Strike 20200 has a total call value of 0 versus a total put value of 513,390,750,000 Combined total value = 513,390,750,000
Strike 20250 has a total call value of 125,000 versus a total put value of 500,394,750,000 Combined total value = 500,394,875,000
Strike 20300 has a total call value of 250,000 versus a total put value of 487,398,750,000 Combined total value = 487,399,000,000
Strike 20350 has a total call value of 375,000 versus a total put value of 474,433,875,000 Combined total value = 474,434,250,000
Strike 20400 has a total call value of 500,000 versus a total put value of 461,469,000,000 Combined total value = 461,469,500,000
Strike 20450 has a total call value of 625,000 versus a total put value of 448,529,625,000 Combined total value = 448,530,250,000
Strike 20500 has a total call value of 750,000 versus a total put value of 435,590,250,000 Combined total value = 435,591,000,000
Strike 20550 has a total call value of 875,000 versus a total put value of 422,797,125,000 Combined total value = 422,798,000,000
Strike 20600 has a total call value of 1,000,000 versus a total put value of 410,004,000,000 Combined total value = 410,005,000,000
Strike 20650 has a total call value of 1,125,000 versus a total put value of 397,268,750,000 Combined total value = 397,269,875,000
Strike 20700 has a total call value of 1,250,000 versus a total put value of 384,533,500,000 Combined total value = 384,534,750,000
Strike 20750 has a total call value of 1,375,000 versus a total put value of 371,855,500,000 Combined total value = 371,856,875,000
Strike 20800 has a total call value of 1,500,000 versus a total put value of 359,177,500,000 Combined total value = 359,179,000,000
Strike 20850 has a total call value of 1,625,000 versus a total put value of 346,658,125,000 Combined total value = 346,659,750,000
Strike 20900 has a total call value of 1,750,000 versus a total put value of 334,138,750,000 Combined total value = 334,140,500,000
Strike 20950 has a total call value of 1,875,000 versus a total put value of 321,845,250,000 Combined total value = 321,847,125,000
Strike 21000 has a total call value of 2,000,000 versus a total put value of 309,551,750,000 Combined total value = 309,553,750,000
Strike 21050 has a total call value of 2,125,000 versus a total put value of 298,021,125,000 Combined total value = 298,023,250,000
Strike 21100 has a total call value of 2,250,000 versus a total put value of 286,490,500,000 Combined total value = 286,492,750,000
Strike 21150 has a total call value of 2,375,000 versus a total put value of 275,116,125,000 Combined total value = 275,118,500,000
Strike 21200 has a total call value of 2,500,000 versus a total put value of 263,782,375,000 Combined total value = 263,784,875,000
Strike 21250 has a total call value of 2,625,000 versus a total put value of 252,875,750,000 Combined total value = 252,878,375,000
Strike 21300 has a total call value of 2,750,000 versus a total put value of 242,024,750,000 Combined total value = 242,027,500,000
Strike 21350 has a total call value of 2,875,000 versus a total put value of 231,586,250,000 Combined total value = 231,589,125,000
Strike 21400 has a total call value of 3,000,000 versus a total put value of 221,193,750,000 Combined total value = 221,196,750,000
Strike 21450 has a total call value of 3,125,000 versus a total put value of 210,903,500,000 Combined total value = 210,906,625,000
Strike 21500 has a total call value of 3,250,000 versus a total put value of 200,657,625,000 Combined total value = 200,660,875,000
Strike 21550 has a total call value of 3,375,000 versus a total put value of 191,545,375,000 Combined total value = 191,548,750,000
Strike 21600 has a total call value of 3,750,000 versus a total put value of 182,472,125,000 Combined total value = 182,475,875,000
Strike 21650 has a total call value of 4,125,000 versus a total put value of 173,531,625,000 Combined total value = 173,535,750,000
Strike 21700 has a total call value of 4,500,000 versus a total put value of 164,613,000,000 Combined total value = 164,617,500,000
Strike 21750 has a total call value of 4,875,000 versus a total put value of 156,090,750,000 Combined total value = 156,095,625,000
Strike 21800 has a total call value of 5,250,000 versus a total put value of 147,605,000,000 Combined total value = 147,610,250,000
Strike 21850 has a total call value of 6,750,000 versus a total put value of 139,295,250,000 Combined total value = 139,302,000,000
Strike 21900 has a total call value of 8,250,000 versus a total put value of 131,047,500,000 Combined total value = 131,055,750,000
Strike 21950 has a total call value of 9,750,000 versus a total put value of 123,149,250,000 Combined total value = 123,159,000,000
Strike 22000 has a total call value of 16,625,000 versus a total put value of 115,320,750,000 Combined total value = 115,337,375,000
Strike 22050 has a total call value of 45,500,000 versus a total put value of 108,196,375,000 Combined total value = 108,241,875,000
Strike 22100 has a total call value of 85,375,000 versus a total put value of 101,191,625,000 Combined total value = 101,277,000,000
Strike 22150 has a total call value of 140,125,000 versus a total put value of 94,343,250,000 Combined total value = 94,483,375,000
Strike 22200 has a total call value of 201,000,000 versus a total put value of 87,615,250,000 Combined total value = 87,816,250,000
Strike 22250 has a total call value of 284,375,000 versus a total put value of 81,213,500,000 Combined total value = 81,497,875,000
Strike 22300 has a total call value of 385,250,000 versus a total put value of 74,928,000,000 Combined total value = 75,313,250,000
Strike 22350 has a total call value of 520,750,000 versus a total put value of 69,130,500,000 Combined total value = 69,651,250,000
Strike 22400 has a total call value of 690,875,000 versus a total put value of 63,476,625,000 Combined total value = 64,167,500,000
Strike 22450 has a total call value of 990,125,000 versus a total put value of 58,195,875,000 Combined total value = 59,186,000,000
Strike 22500 has a total call value of 1,362,500,000 versus a total put value of 53,105,375,000 Combined total value = 54,467,875,000
Strike 22550 has a total call value of 1,999,750,000 versus a total put value of 48,717,250,000 Combined total value = 50,717,000,000
Strike 22600 has a total call value of 2,771,000,000 versus a total put value of 44,628,750,000 Combined total value = 47,399,750,000
Strike 22650 has a total call value of 3,931,750,000 versus a total put value of 41,070,000,000 Combined total value = 45,001,750,000
Strike 22700 has a total call value of 5,415,250,000 versus a total put value of 37,808,125,000 Combined total value = 43,223,375,000
Strike 22750 has a total call value of 7,569,250,000 versus a total put value of 35,030,625,000 Combined total value = 42,599,875,000
Strike 22800 has a total call value of 9,917,500,000 versus a total put value of 32,348,875,000 Combined total value = 42,266,375,000
Strike 22850 has a total call value of 12,781,250,000 versus a total put value of 29,889,125,000 Combined total value = 42,670,375,000
Strike 22900 has a total call value of 15,767,000,000 versus a total put value of 27,505,375,000 Combined total value = 43,272,375,000
Strike 22950 has a total call value of 19,109,125,000 versus a total put value of 25,238,250,000 Combined total value = 44,347,375,000
Strike 23000 has a total call value of 22,649,375,000 versus a total put value of 23,088,000,000 Combined total value = 45,737,375,000
Strike 23050 has a total call value of 27,430,500,000 versus a total put value of 21,414,125,000 Combined total value = 48,844,625,000
Strike 23100 has a total call value of 32,375,750,000 versus a total put value of 19,791,375,000 Combined total value = 52,167,125,000
Strike 23150 has a total call value of 37,616,875,000 versus a total put value of 18,260,000,000 Combined total value = 55,876,875,000
Strike 23200 has a total call value of 43,045,000,000 versus a total put value of 16,774,000,000 Combined total value = 59,819,000,000
Strike 23250 has a total call value of 48,899,500,000 versus a total put value of 15,349,125,000 Combined total value = 64,248,625,000
Strike 23300 has a total call value of 54,891,000,000 versus a total put value of 13,963,000,000 Combined total value = 68,854,000,000
Strike 23350 has a total call value of 61,302,125,000 versus a total put value of 12,670,250,000 Combined total value = 73,972,375,000
Strike 23400 has a total call value of 67,833,250,000 versus a total put value of 11,415,250,000 Combined total value = 79,248,500,000
Strike 23450 has a total call value of 75,061,125,000 versus a total put value of 10,254,500,000 Combined total value = 85,315,625,000
Strike 23500 has a total call value of 82,587,375,000 versus a total put value of 9,121,125,000 Combined total value = 91,708,500,000
Strike 23550 has a total call value of 91,384,625,000 versus a total put value of 8,114,000,000 Combined total value = 99,498,625,000
Strike 23600 has a total call value of 100,361,625,000 versus a total put value of 7,106,875,000 Combined total value = 107,468,500,000
Strike 23650 has a total call value of 109,820,375,000 versus a total put value of 6,099,750,000 Combined total value = 115,920,125,000
Strike 23700 has a total call value of 119,532,375,000 versus a total put value of 5,149,625,000 Combined total value = 124,682,000,000
Strike 23750 has a total call value of 129,992,000,000 versus a total put value of 4,199,500,000 Combined total value = 134,191,500,000
Strike 23800 has a total call value of 140,756,750,000 versus a total put value of 3,316,250,000 Combined total value = 144,073,000,000
Strike 23850 has a total call value of 152,434,500,000 versus a total put value of 2,575,250,000 Combined total value = 155,009,750,000
Strike 23900 has a total call value of 164,255,250,000 versus a total put value of 1,886,125,000 Combined total value = 166,141,375,000
Strike 23950 has a total call value of 176,537,875,000 versus a total put value of 1,308,250,000 Combined total value = 177,846,125,000
Strike 24000 has a total call value of 189,004,375,000 versus a total put value of 730,375,000 Combined total value = 189,734,750,000
Strike 24050 has a total call value of 204,038,000,000 versus a total put value of 557,375,000 Combined total value = 204,595,375,000
Strike 24100 has a total call value of 219,237,500,000 versus a total put value of 384,375,000 Combined total value = 219,621,875,000
Strike 24150 has a total call value of 234,944,750,000 versus a total put value of 256,875,000 Combined total value = 235,201,625,000
Strike 24200 has a total call value of 250,819,750,000 versus a total put value of 129,375,000 Combined total value = 250,949,125,000
Strike 24250 has a total call value of 267,298,500,000 versus a total put value of 103,500,000 Combined total value = 267,402,000,000
Strike 24300 has a total call value of 283,857,875,000 versus a total put value of 77,625,000 Combined total value = 283,935,500,000
Strike 24350 has a total call value of 300,804,000,000 versus a total put value of 51,750,000 Combined total value = 300,855,750,000
Strike 24400 has a total call value of 317,828,250,000 versus a total put value of 25,875,000 Combined total value = 317,854,125,000
Strike 24450 has a total call value of 335,081,750,000 versus a total put value of 0 Combined total value = 335,081,750,000
Strike 24500 has a total call value of 352,392,125,000 versus a total put value of 0 Combined total value = 352,392,125,000
Strike 24550 has a total call value of 370,716,125,000 versus a total put value of 0 Combined total value = 370,716,125,000
Strike 24600 has a total call value of 389,135,375,000 versus a total put value of 0 Combined total value = 389,135,375,000
Strike 24650 has a total call value of 407,800,000,000 versus a total put value of 0 Combined total value = 407,800,000,000
Strike 24700 has a total call value of 426,503,750,000 versus a total put value of 0 Combined total value = 426,503,750,000
Strike 24750 has a total call value of 445,373,250,000 versus a total put value of 0 Combined total value = 445,373,250,000
Strike 24800 has a total call value of 464,320,000,000 versus a total put value of 0 Combined total value = 464,320,000,000
Strike 24850 has a total call value of 483,713,500,000 versus a total put value of 0 Combined total value = 483,713,500,000
Strike 24900 has a total call value of 503,163,750,000 versus a total put value of 0 Combined total value = 503,163,750,000
Strike 24950 has a total call value of 522,764,625,000 versus a total put value of 0 Combined total value = 522,764,625,000
Strike 25000 has a total call value of 542,427,250,000 versus a total put value of 0 Combined total value = 542,427,250,000
Strike 25050 has a total call value of 563,717,375,000 versus a total put value of 0 Combined total value = 563,717,375,000
Strike 25100 has a total call value of 585,065,750,000 versus a total put value of 0 Combined total value = 585,065,750,000
Strike 25150 has a total call value of 606,580,000,000 versus a total put value of 0 Combined total value = 606,580,000,000
Strike 25200 has a total call value of 628,140,250,000 versus a total put value of 0 Combined total value = 628,140,250,000
Strike 25250 has a total call value of 649,804,875,000 versus a total put value of 0 Combined total value = 649,804,875,000
Strike 25300 has a total call value of 671,526,875,000 versus a total put value of 0 Combined total value = 671,526,875,000
Strike 25350 has a total call value of 693,334,625,000 versus a total put value of 0 Combined total value = 693,334,625,000
Strike 25400 has a total call value of 715,142,375,000 versus a total put value of 0 Combined total value = 715,142,375,000
Strike 25450 has a total call value of 737,065,125,000 versus a total put value of 0 Combined total value = 737,065,125,000
Strike 25500 has a total call value of 758,987,875,000 versus a total put value of 0 Combined total value = 758,987,875,000
Strike 25550 has a total call value of 781,534,125,000 versus a total put value of 0 Combined total value = 781,534,125,000
Strike 25600 has a total call value of 804,080,375,000 versus a total put value of 0 Combined total value = 804,080,375,000
Strike 25650 has a total call value of 826,708,375,000 versus a total put value of 0 Combined total value = 826,708,375,000
Strike 25700 has a total call value of 849,336,375,000 versus a total put value of 0 Combined total value = 849,336,375,000
Strike 25750 has a total call value of 872,076,375,000 versus a total put value of 0 Combined total value = 872,076,375,000
Strike 25800 has a total call value of 894,816,375,000 versus a total put value of 0 Combined total value = 894,816,375,000
Strike 25850 has a total call value of 917,750,750,000 versus a total put value of 0 Combined total value = 917,750,750,000
Strike 25900 has a total call value of 940,685,125,000 versus a total put value of 0 Combined total value = 940,685,125,000
Strike 25950 has a total call value of 963,651,875,000 versus a total put value of 0 Combined total value = 963,651,875,000
Strike 26000 has a total call value of 986,618,625,000 versus a total put value of 0 Combined total value = 986,618,625,000
Strike 26050 has a total call value of 1,009,932,125,000 versus a total put value of 0 Combined total value = 1,009,932,125,000
Strike 26100 has a total call value of 1,033,245,625,000 versus a total put value of 0 Combined total value = 1,033,245,625,000
Strike 26150 has a total call value of 1,056,619,625,000 versus a total put value of 0 Combined total value = 1,056,619,625,000
Strike 26200 has a total call value of 1,079,993,625,000 versus a total put value of 0 Combined total value = 1,079,993,625,000
Strike 26250 has a total call value of 1,103,435,375,000 versus a total put value of 0 Combined total value = 1,103,435,375,000
Strike 26300 has a total call value of 1,126,877,125,000 versus a total put value of 0 Combined total value = 1,126,877,125,000
Strike 26350 has a total call value of 1,150,340,125,000 versus a total put value of 0 Combined total value = 1,150,340,125,000
Strike 26400 has a total call value of 1,173,803,125,000 versus a total put value of 0 Combined total value = 1,173,803,125,000
Strike 26450 has a total call value of 1,197,294,750,000 versus a total put value of 0 Combined total value = 1,197,294,750,000
Strike 26500 has a total call value of 1,220,786,375,000 versus a total put value of 0 Combined total value = 1,220,786,375,000
Strike 26550 has a total call value of 1,244,760,750,000 versus a total put value of 0 Combined total value = 1,244,760,750,000
Strike 26600 has a total call value of 1,268,735,125,000 versus a total put value of 0 Combined total value = 1,268,735,125,000
Strike 26650 has a total call value of 1,292,735,000,000 versus a total put value of 0 Combined total value = 1,292,735,000,000
Strike 26700 has a total call value of 1,316,734,875,000 versus a total put value of 0 Combined total value = 1,316,734,875,000
Strike 26750 has a total call value of 1,340,781,500,000 versus a total put value of 0 Combined total value = 1,340,781,500,000
Strike 26800 has a total call value of 1,364,828,125,000 versus a total put value of 0 Combined total value = 1,364,828,125,000
Strike 26850 has a total call value of 1,388,898,000,000 versus a total put value of 0 Combined total value = 1,388,898,000,000
Strike 26900 has a total call value of 1,412,967,875,000 versus a total put value of 0 Combined total value = 1,412,967,875,000
Strike 26950 has a total call value of 1,437,107,750,000 versus a total put value of 0 Combined total value = 1,437,107,750,000
Strike 27000 has a total call value of 1,461,247,625,000 versus a total put value of 0 Combined total value = 1,461,247,625,000
Strike 27050 has a total call value of 1,485,703,000,000 versus a total put value of 0 Combined total value = 1,485,703,000,000
Strike 27100 has a total call value of 1,510,158,375,000 versus a total put value of 0 Combined total value = 1,510,158,375,000
Strike 27150 has a total call value of 1,534,613,750,000 versus a total put value of 0 Combined total value = 1,534,613,750,000
Strike 27200 has a total call value of 1,559,069,125,000 versus a total put value of 0 Combined total value = 1,559,069,125,000
Strike 27250 has a total call value of 1,583,524,500,000 versus a total put value of 0 Combined total value = 1,583,524,500,000
Strike 27300 has a total call value of 1,607,979,875,000 versus a total put value of 0 Combined total value = 1,607,979,875,000
Strike 27350 has a total call value of 1,632,435,250,000 versus a total put value of 0 Combined total value = 1,632,435,250,000
Strike 27400 has a total call value of 1,656,890,625,000 versus a total put value of 0 Combined total value = 1,656,890,625,000
Strike 27450 has a total call value of 1,681,346,000,000 versus a total put value of 0 Combined total value = 1,681,346,000,000
Strike 27500 has a total call value of 1,705,801,375,000 versus a total put value of 0 Combined total value = 1,705,801,375,000
Strike 27550 has a total call value of 1,730,373,000,000 versus a total put value of 0 Combined total value = 1,730,373,000,000
Strike 27600 has a total call value of 1,754,944,625,000 versus a total put value of 0 Combined total value = 1,754,944,625,000
Strike 27650 has a total call value of 1,779,516,250,000 versus a total put value of 0 Combined total value = 1,779,516,250,000
Strike 27700 has a total call value of 1,804,087,875,000 versus a total put value of 0 Combined total value = 1,804,087,875,000
Strike 27750 has a total call value of 1,828,659,500,000 versus a total put value of 0 Combined total value = 1,828,659,500,000
Strike 27800 has a total call value of 1,853,231,125,000 versus a total put value of 0 Combined total value = 1,853,231,125,000
Strike 27900 has a total call value of 1,902,374,375,000 versus a total put value of 0 Combined total value = 1,902,374,375,000
Strike 28000 has a total call value of 1,951,517,625,000 versus a total put value of 0 Combined total value = 1,951,517,625,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 448.45 | 435 |
ABB | 6330.25 | 6400 |
ABBOTINDIA | 27849.8 | 28000 |
ABCAPITAL | 174.27 | 180 |
ABFRL | 282.7 | 280 |
ACC | 2045.2 | 2080 |
ADANIENSOL | 808.8 | 800 |
ADANIENT | 2385 | 2400 |
ADANIGREEN | 1030.25 | 1020 |
ADANIPORTS | 1104 | 1160 |
ALKEM | 5183.5 | 5300 |
AMBUJACEM | 548.8 | 550 |
ANGELONE | 2431.45 | 2500 |
APLAPOLLO | 1582.85 | 1560 |
APOLLOHOSP | 6920.85 | 6900 |
APOLLOTYRE | 438.9 | 460 |
ASHOKLEY | 207.74 | 210 |
ASIANPAINT | 2276.35 | 2300 |
ASTRAL | 1495.5 | 1560 |
ATGL | 658.25 | 670 |
ATUL | 6748.8 | 6900 |
AUBANK | 582.4 | 580 |
AUROPHARMA | 1244.8 | 1240 |
AXISBANK | 951.05 | 990 |
BAJAJ-AUTO | 8399.95 | 8700 |
BAJAJFINSV | 1746.15 | 1700 |
BAJFINANCE | 7443.25 | 7300 |
BALKRISIND | 2728.9 | 2780 |
BANDHANBNK | 151.14 | 160 |
BANKBARODA | 229.16 | 235 |
BANKINDIA | 99.71 | 100 |
BATAINDIA | 1300.9 | 1340 |
BEL | 273.95 | 280 |
BERGEPAINT | 480.35 | 465 |
BHARATFORG | 1227.75 | 1240 |
BHARTIARTL | 1636 | 1620 |
BHEL | 206.49 | 215 |
BIOCON | 397.3 | 385 |
BOSCHLTD | 30990.5 | 33000 |
BPCL | 271.25 | 275 |
BRITANNIA | 5012.6 | 4850 |
BSE | 5909.7 | 5600 |
BSOFT | 554.9 | 550 |
CAMS | 4159.25 | 4300 |
CANBK | 98.15 | 100 |
CANFINHOME | 690.95 | 700 |
CDSL | 1516.15 | 1600 |
CESC | 145.12 | 150 |
CGPOWER | 627.9 | 650 |
CHAMBLFERT | 509.3 | 500 |
CHOLAFIN | 1246.05 | 1260 |
CIPLA | 1451.15 | 1480 |
COALINDIA | 385.8 | 385 |
COFORGE | 9196.45 | 9000 |
COLPAL | 2738.95 | 2750 |
CONCOR | 772.25 | 780 |
COROMANDEL | 1848.7 | 1860 |
CROMPTON | 351.15 | 365 |
CUB | 170.25 | 170 |
CUMMINSIND | 2889.05 | 3000 |
CYIENT | 1755.25 | 1760 |
DABUR | 524.6 | 520 |
DALBHARAT | 1828.35 | 1780 |
DEEPAKNTR | 2369.3 | 2400 |
DELHIVERY | 326.95 | 330 |
DIVISLAB | 5850.95 | 5900 |
DIXON | 15463.6 | 16000 |
DLF | 715.05 | 750 |
DMART | 3598.35 | 3700 |
DRREDDY | 1289.4 | 1300 |
EICHERMOT | 5116.2 | 5000 |
ESCORTS | 3588.4 | 3450 |
EXIDEIND | 383.5 | 400 |
FEDERALBNK | 190.75 | 195 |
GAIL | 179.66 | 185 |
GLENMARK | 1510.95 | 1520 |
GMRAIRPORT | 73.5 | 78 |
GMRINFRA | 0 | 32 |
GNFC | 560.9 | 560 |
GODREJCP | 1145.2 | 1140 |
GODREJPROP | 2225.65 | 2400 |
GRANULES | 599.6 | 590 |
GRASIM | 2461.15 | 2460 |
GUJGASLTD | 503.25 | 500 |
HAL | 3922.55 | 4100 |
HAVELLS | 1595.3 | 1580 |
HCLTECH | 1807 | 1820 |
HDFCAMC | 4001.7 | 4000 |
HDFCBANK | 1664.9 | 1670 |
HDFCLIFE | 621 | 630 |
HEROMOTOCO | 4100.35 | 4150 |
HFCL | 101.03 | 102.5 |
HINDALCO | 608.25 | 600 |
HINDCOPPER | 246.05 | 250 |
HINDPETRO | 362.1 | 370 |
HINDUNILVR | 2321.7 | 2360 |
HUDCO | 221.48 | 220 |
ICICIBANK | 1201.75 | 1240 |
ICICIGI | 1834.1 | 1900 |
ICICIPRULI | 594.7 | 600 |
IDEA | 9.51 | 9 |
IDFCFIRSTB | 63.11 | 63 |
IEX | 167.45 | 172.5 |
IGL | 391.6 | 400 |
INDHOTEL | 775.1 | 790 |
INDIAMART | 2086.55 | 2160 |
INDIANB | 516.7 | 520 |
INDIGO | 4134.8 | 4200 |
INDUSINDBK | 970.95 | 980 |
INDUSTOWER | 366.6 | 350 |
INFY | 1865.45 | 1880 |
IOC | 129.83 | 132.5 |
IPCALAB | 1583.55 | 1580 |
IRB | 52.94 | 55 |
IRCTC | 795.2 | 800 |
IRFC | 141.37 | 137.5 |
ITC | 440.2 | 445 |
JINDALSTEL | 893 | 920 |
JIOFIN | 255.85 | 270 |
JKCEMENT | 4789.05 | 4600 |
JSL | 639.75 | 640 |
JSWENERGY | 552.1 | 580 |
JSWSTEEL | 929.9 | 930 |
JUBLFOOD | 687.7 | 700 |
KALYANKJIL | 478.15 | 580 |
KEI | 4480.6 | 4300 |
KOTAKBANK | 1894.85 | 1860 |
KPITTECH | 1344.7 | 1380 |
LALPATHLAB | 2877.65 | 2900 |
LAURUSLABS | 585.15 | 580 |
LICHSGFIN | 579.95 | 580 |
LICI | 837.25 | 860 |
LODHA | 1082.3 | 1140 |
LT | 3503.25 | 3600 |
LTF | 139.93 | 140 |
LTIM | 6002.05 | 5900 |
LTTS | 5453.15 | 5250 |
LUPIN | 2151.2 | 2180 |
M&M | 2886.45 | 2950 |
M&MFIN | 275.45 | 275 |
MANAPPURAM | 196.85 | 185 |
MARICO | 667.9 | 660 |
MARUTI | 12045.75 | 11700 |
MAXHEALTH | 1082.85 | 1100 |
MCX | 5860 | 5900 |
METROPOLIS | 1870.7 | 1940 |
MFSL | 1056.4 | 1060 |
MGL | 1312.9 | 1280 |
MOTHERSON | 144.97 | 150 |
MPHASIS | 2918.95 | 2900 |
MRF | 111739.5 | 115000 |
MUTHOOTFIN | 2195.1 | 2180 |
NATIONALUM | 205.8 | 210 |
NAUKRI | 7535.5 | 7700 |
NAVINFLUOR | 3772.45 | 3700 |
NCC | 247.2 | 250 |
NESTLEIND | 2198.95 | 2200 |
NHPC | 78.46 | 79 |
NMDC | 68.09 | 68 |
NTPC | 323.65 | 325 |
NYKAA | 170.31 | 167.5 |
OBEROIRLTY | 1821.9 | 1860 |
OFSS | 10056.7 | 10250 |
OIL | 451.3 | 470 |
ONGC | 263.05 | 260 |
PAGEIND | 46768.75 | 46500 |
PAYTM | 849.1 | 880 |
PEL | 1006.4 | 1080 |
PERSISTENT | 6287.7 | 6100 |
PETRONET | 330.65 | 335 |
PFC | 421.25 | 440 |
PIDILITIND | 2909.65 | 2900 |
PIIND | 3526.65 | 3550 |
PNB | 99.43 | 100 |
POLICYBZR | 1686.8 | 1750 |
POLYCAB | 6250.9 | 6400 |
POONAWALLA | 332.8 | 320 |
POWERGRID | 294.35 | 305 |
PRESTIGE | 1342.6 | 1400 |
PVRINOX | 1092.8 | 1140 |
RAMCOCEM | 908.55 | 910 |
RBLBANK | 155.97 | 160 |
RECLTD | 463.75 | 490 |
RELIANCE | 1263.65 | 1260 |
SAIL | 109.14 | 112.5 |
SBICARD | 760 | 750 |
SBILIFE | 1449.85 | 1460 |
SBIN | 745.9 | 770 |
SHREECEM | 25926.8 | 25500 |
SHRIRAMFIN | 529.8 | 540 |
SIEMENS | 6067.85 | 6200 |
SJVN | 98.26 | 97.5 |
SONACOMS | 542.6 | 560 |
SRF | 2596.75 | 2560 |
SUNPHARMA | 1833.6 | 1800 |
SUNTV | 652.75 | 660 |
SUPREMEIND | 3967.65 | 4000 |
SYNGENE | 847 | 840 |
TATACHEM | 975.45 | 1000 |
TATACOMM | 1646.3 | 1700 |
TATACONSUM | 983.9 | 960 |
TATAELXSI | 6353.95 | 6300 |
TATAMOTORS | 752.5 | 770 |
TATAPOWER | 362.75 | 380 |
TATASTEEL | 130.37 | 134 |
TCS | 4145.45 | 4150 |
TECHM | 1713.4 | 1700 |
TIINDIA | 3363.7 | 3400 |
TITAN | 3398.55 | 3400 |
TORNTPHARM | 3263.75 | 3250 |
TRENT | 5733.6 | 6000 |
TVSMOTOR | 2300.1 | 2300 |
UBL | 2073.75 | 2040 |
ULTRACEMCO | 11420.9 | 11200 |
UNIONBANK | 109.7 | 110 |
UNITDSPR | 1500.65 | 1500 |
UPL | 557.85 | 540 |
VBL | 540.4 | 550 |
VEDL | 446.5 | 460 |
VOLTAS | 1497.65 | 1580 |
WIPRO | 317.7 | 310 |
YESBANK | 18.47 | 19 |
ZOMATO | 221.95 | 230 |
ZYDUSLIFE | 989.15 | 990 |
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.