FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
26 Dec 2024 04:13 PM IST
Max Pain for FINNIFTY is 23900
Strike 20000 has a total call value of 0 versus a total put value of 2,662,196,375,000 Combined total value = 2,662,196,375,000
Strike 20050 has a total call value of 0 versus a total put value of 2,620,313,750,000 Combined total value = 2,620,313,750,000
Strike 20100 has a total call value of 0 versus a total put value of 2,578,431,125,000 Combined total value = 2,578,431,125,000
Strike 20150 has a total call value of 0 versus a total put value of 2,536,548,500,000 Combined total value = 2,536,548,500,000
Strike 20200 has a total call value of 0 versus a total put value of 2,494,665,875,000 Combined total value = 2,494,665,875,000
Strike 20250 has a total call value of 0 versus a total put value of 2,452,783,250,000 Combined total value = 2,452,783,250,000
Strike 20300 has a total call value of 0 versus a total put value of 2,410,900,625,000 Combined total value = 2,410,900,625,000
Strike 20350 has a total call value of 0 versus a total put value of 2,369,018,000,000 Combined total value = 2,369,018,000,000
Strike 20400 has a total call value of 0 versus a total put value of 2,327,135,375,000 Combined total value = 2,327,135,375,000
Strike 20450 has a total call value of 0 versus a total put value of 2,285,252,750,000 Combined total value = 2,285,252,750,000
Strike 20500 has a total call value of 0 versus a total put value of 2,243,370,125,000 Combined total value = 2,243,370,125,000
Strike 20550 has a total call value of 0 versus a total put value of 2,201,745,625,000 Combined total value = 2,201,745,625,000
Strike 20600 has a total call value of 0 versus a total put value of 2,160,121,125,000 Combined total value = 2,160,121,125,000
Strike 20650 has a total call value of 0 versus a total put value of 2,118,496,625,000 Combined total value = 2,118,496,625,000
Strike 20700 has a total call value of 0 versus a total put value of 2,076,872,125,000 Combined total value = 2,076,872,125,000
Strike 20750 has a total call value of 0 versus a total put value of 2,035,247,625,000 Combined total value = 2,035,247,625,000
Strike 20800 has a total call value of 0 versus a total put value of 1,993,623,125,000 Combined total value = 1,993,623,125,000
Strike 20850 has a total call value of 0 versus a total put value of 1,951,998,625,000 Combined total value = 1,951,998,625,000
Strike 20900 has a total call value of 0 versus a total put value of 1,910,374,125,000 Combined total value = 1,910,374,125,000
Strike 20950 has a total call value of 0 versus a total put value of 1,868,749,625,000 Combined total value = 1,868,749,625,000
Strike 21000 has a total call value of 0 versus a total put value of 1,827,125,125,000 Combined total value = 1,827,125,125,000
Strike 21050 has a total call value of 0 versus a total put value of 1,785,781,500,000 Combined total value = 1,785,781,500,000
Strike 21100 has a total call value of 0 versus a total put value of 1,744,437,875,000 Combined total value = 1,744,437,875,000
Strike 21150 has a total call value of 0 versus a total put value of 1,703,268,875,000 Combined total value = 1,703,268,875,000
Strike 21200 has a total call value of 0 versus a total put value of 1,662,099,875,000 Combined total value = 1,662,099,875,000
Strike 21250 has a total call value of 0 versus a total put value of 1,621,026,875,000 Combined total value = 1,621,026,875,000
Strike 21300 has a total call value of 0 versus a total put value of 1,579,953,875,000 Combined total value = 1,579,953,875,000
Strike 21350 has a total call value of 0 versus a total put value of 1,539,064,375,000 Combined total value = 1,539,064,375,000
Strike 21400 has a total call value of 0 versus a total put value of 1,498,174,875,000 Combined total value = 1,498,174,875,000
Strike 21450 has a total call value of 0 versus a total put value of 1,457,335,375,000 Combined total value = 1,457,335,375,000
Strike 21500 has a total call value of 0 versus a total put value of 1,416,495,875,000 Combined total value = 1,416,495,875,000
Strike 21550 has a total call value of 0 versus a total put value of 1,375,879,750,000 Combined total value = 1,375,879,750,000
Strike 21600 has a total call value of 0 versus a total put value of 1,335,263,625,000 Combined total value = 1,335,263,625,000
Strike 21650 has a total call value of 0 versus a total put value of 1,294,781,750,000 Combined total value = 1,294,781,750,000
Strike 21700 has a total call value of 0 versus a total put value of 1,254,299,875,000 Combined total value = 1,254,299,875,000
Strike 21750 has a total call value of 0 versus a total put value of 1,213,887,500,000 Combined total value = 1,213,887,500,000
Strike 21800 has a total call value of 0 versus a total put value of 1,173,475,125,000 Combined total value = 1,173,475,125,000
Strike 21850 has a total call value of 0 versus a total put value of 1,133,175,250,000 Combined total value = 1,133,175,250,000
Strike 21900 has a total call value of 0 versus a total put value of 1,092,875,375,000 Combined total value = 1,092,875,375,000
Strike 21950 has a total call value of 0 versus a total put value of 1,052,644,500,000 Combined total value = 1,052,644,500,000
Strike 22000 has a total call value of 0 versus a total put value of 1,012,413,625,000 Combined total value = 1,012,413,625,000
Strike 22050 has a total call value of 0 versus a total put value of 973,092,750,000 Combined total value = 973,092,750,000
Strike 22100 has a total call value of 0 versus a total put value of 933,771,875,000 Combined total value = 933,771,875,000
Strike 22150 has a total call value of 0 versus a total put value of 894,699,250,000 Combined total value = 894,699,250,000
Strike 22200 has a total call value of 0 versus a total put value of 855,626,625,000 Combined total value = 855,626,625,000
Strike 22250 has a total call value of 0 versus a total put value of 817,178,125,000 Combined total value = 817,178,125,000
Strike 22300 has a total call value of 0 versus a total put value of 778,729,625,000 Combined total value = 778,729,625,000
Strike 22350 has a total call value of 0 versus a total put value of 741,307,875,000 Combined total value = 741,307,875,000
Strike 22400 has a total call value of 0 versus a total put value of 703,886,125,000 Combined total value = 703,886,125,000
Strike 22450 has a total call value of 0 versus a total put value of 667,464,250,000 Combined total value = 667,464,250,000
Strike 22500 has a total call value of 0 versus a total put value of 631,142,375,000 Combined total value = 631,142,375,000
Strike 22550 has a total call value of 0 versus a total put value of 597,396,250,000 Combined total value = 597,396,250,000
Strike 22600 has a total call value of 0 versus a total put value of 563,836,000,000 Combined total value = 563,836,000,000
Strike 22650 has a total call value of 0 versus a total put value of 533,016,500,000 Combined total value = 533,016,500,000
Strike 22700 has a total call value of 0 versus a total put value of 502,290,875,000 Combined total value = 502,290,875,000
Strike 22750 has a total call value of 0 versus a total put value of 473,001,125,000 Combined total value = 473,001,125,000
Strike 22800 has a total call value of 0 versus a total put value of 443,904,875,000 Combined total value = 443,904,875,000
Strike 22850 has a total call value of 0 versus a total put value of 417,433,250,000 Combined total value = 417,433,250,000
Strike 22900 has a total call value of 0 versus a total put value of 391,250,750,000 Combined total value = 391,250,750,000
Strike 22950 has a total call value of 0 versus a total put value of 366,236,375,000 Combined total value = 366,236,375,000
Strike 23000 has a total call value of 0 versus a total put value of 341,587,375,000 Combined total value = 341,587,375,000
Strike 23050 has a total call value of 42,750,000 versus a total put value of 320,489,375,000 Combined total value = 320,532,125,000
Strike 23100 has a total call value of 85,500,000 versus a total put value of 299,688,625,000 Combined total value = 299,774,125,000
Strike 23150 has a total call value of 132,125,000 versus a total put value of 280,239,625,000 Combined total value = 280,371,750,000
Strike 23200 has a total call value of 178,750,000 versus a total put value of 261,352,375,000 Combined total value = 261,531,125,000
Strike 23250 has a total call value of 243,375,000 versus a total put value of 243,565,625,000 Combined total value = 243,809,000,000
Strike 23300 has a total call value of 321,250,000 versus a total put value of 226,305,875,000 Combined total value = 226,627,125,000
Strike 23350 has a total call value of 415,125,000 versus a total put value of 210,161,250,000 Combined total value = 210,576,375,000
Strike 23400 has a total call value of 522,375,000 versus a total put value of 194,387,625,000 Combined total value = 194,910,000,000
Strike 23450 has a total call value of 665,250,000 versus a total put value of 179,321,125,000 Combined total value = 179,986,375,000
Strike 23500 has a total call value of 861,250,000 versus a total put value of 164,714,500,000 Combined total value = 165,575,750,000
Strike 23550 has a total call value of 1,329,125,000 versus a total put value of 151,354,375,000 Combined total value = 152,683,500,000
Strike 23600 has a total call value of 1,865,000,000 versus a total put value of 138,310,125,000 Combined total value = 140,175,125,000
Strike 23650 has a total call value of 2,626,625,000 versus a total put value of 126,003,375,000 Combined total value = 128,630,000,000
Strike 23700 has a total call value of 3,576,125,000 versus a total put value of 114,227,375,000 Combined total value = 117,803,500,000
Strike 23750 has a total call value of 5,194,250,000 versus a total put value of 103,692,000,000 Combined total value = 108,886,250,000
Strike 23800 has a total call value of 7,789,000,000 versus a total put value of 94,064,000,000 Combined total value = 101,853,000,000
Strike 23850 has a total call value of 11,952,375,000 versus a total put value of 86,020,625,000 Combined total value = 97,973,000,000
Strike 23900 has a total call value of 16,984,750,000 versus a total put value of 78,498,625,000 Combined total value = 95,483,375,000
Strike 23950 has a total call value of 23,812,875,000 versus a total put value of 72,127,625,000 Combined total value = 95,940,500,000
Strike 24000 has a total call value of 31,546,250,000 versus a total put value of 65,998,625,000 Combined total value = 97,544,875,000
Strike 24050 has a total call value of 41,617,250,000 versus a total put value of 60,812,125,000 Combined total value = 102,429,375,000
Strike 24100 has a total call value of 52,232,250,000 versus a total put value of 55,752,000,000 Combined total value = 107,984,250,000
Strike 24150 has a total call value of 63,649,250,000 versus a total put value of 50,911,250,000 Combined total value = 114,560,500,000
Strike 24200 has a total call value of 75,505,875,000 versus a total put value of 46,177,500,000 Combined total value = 121,683,375,000
Strike 24250 has a total call value of 88,769,500,000 versus a total put value of 41,728,250,000 Combined total value = 130,497,750,000
Strike 24300 has a total call value of 102,678,500,000 versus a total put value of 37,439,000,000 Combined total value = 140,117,500,000
Strike 24350 has a total call value of 118,359,375,000 versus a total put value of 33,359,875,000 Combined total value = 151,719,250,000
Strike 24400 has a total call value of 134,463,500,000 versus a total put value of 29,474,125,000 Combined total value = 163,937,625,000
Strike 24450 has a total call value of 152,620,000,000 versus a total put value of 25,878,000,000 Combined total value = 178,498,000,000
Strike 24500 has a total call value of 171,405,250,000 versus a total put value of 22,467,375,000 Combined total value = 193,872,625,000
Strike 24550 has a total call value of 192,626,750,000 versus a total put value of 19,391,875,000 Combined total value = 212,018,625,000
Strike 24600 has a total call value of 214,506,625,000 versus a total put value of 16,502,000,000 Combined total value = 231,008,625,000
Strike 24650 has a total call value of 237,716,625,000 versus a total put value of 13,862,875,000 Combined total value = 251,579,500,000
Strike 24700 has a total call value of 261,763,125,000 versus a total put value of 11,397,250,000 Combined total value = 273,160,375,000
Strike 24750 has a total call value of 288,937,125,000 versus a total put value of 9,166,750,000 Combined total value = 298,103,875,000
Strike 24800 has a total call value of 316,589,625,000 versus a total put value of 7,049,375,000 Combined total value = 323,639,000,000
Strike 24850 has a total call value of 348,420,500,000 versus a total put value of 5,462,875,000 Combined total value = 353,883,375,000
Strike 24900 has a total call value of 380,957,375,000 versus a total put value of 4,080,375,000 Combined total value = 385,037,750,000
Strike 24950 has a total call value of 414,863,125,000 versus a total put value of 3,064,375,000 Combined total value = 417,927,500,000
Strike 25000 has a total call value of 449,218,625,000 versus a total put value of 2,437,625,000 Combined total value = 451,656,250,000
Strike 25050 has a total call value of 488,459,000,000 versus a total put value of 2,031,750,000 Combined total value = 490,490,750,000
Strike 25100 has a total call value of 528,049,625,000 versus a total put value of 1,625,875,000 Combined total value = 529,675,500,000
Strike 25150 has a total call value of 568,930,500,000 versus a total put value of 1,270,250,000 Combined total value = 570,200,750,000
Strike 25200 has a total call value of 610,202,125,000 versus a total put value of 1,001,250,000 Combined total value = 611,203,375,000
Strike 25250 has a total call value of 652,322,000,000 versus a total put value of 812,125,000 Combined total value = 653,134,125,000
Strike 25300 has a total call value of 694,710,250,000 versus a total put value of 623,000,000 Combined total value = 695,333,250,000
Strike 25350 has a total call value of 737,960,875,000 versus a total put value of 467,250,000 Combined total value = 738,428,125,000
Strike 25400 has a total call value of 781,330,750,000 versus a total put value of 311,500,000 Combined total value = 781,642,250,000
Strike 25450 has a total call value of 825,060,375,000 versus a total put value of 155,750,000 Combined total value = 825,216,125,000
Strike 25500 has a total call value of 868,873,500,000 versus a total put value of 0 Combined total value = 868,873,500,000
Strike 25550 has a total call value of 915,160,750,000 versus a total put value of 0 Combined total value = 915,160,750,000
Strike 25600 has a total call value of 961,698,000,000 versus a total put value of 0 Combined total value = 961,698,000,000
Strike 25650 has a total call value of 1,008,566,375,000 versus a total put value of 0 Combined total value = 1,008,566,375,000
Strike 25700 has a total call value of 1,055,503,250,000 versus a total put value of 0 Combined total value = 1,055,503,250,000
Strike 25750 has a total call value of 1,102,838,750,000 versus a total put value of 0 Combined total value = 1,102,838,750,000
Strike 25800 has a total call value of 1,150,307,125,000 versus a total put value of 0 Combined total value = 1,150,307,125,000
Strike 25850 has a total call value of 1,198,315,500,000 versus a total put value of 0 Combined total value = 1,198,315,500,000
Strike 25900 has a total call value of 1,246,449,250,000 versus a total put value of 0 Combined total value = 1,246,449,250,000
Strike 25950 has a total call value of 1,294,892,875,000 versus a total put value of 0 Combined total value = 1,294,892,875,000
Strike 26000 has a total call value of 1,343,483,250,000 versus a total put value of 0 Combined total value = 1,343,483,250,000
Strike 26050 has a total call value of 1,394,315,750,000 versus a total put value of 0 Combined total value = 1,394,315,750,000
Strike 26100 has a total call value of 1,445,302,500,000 versus a total put value of 0 Combined total value = 1,445,302,500,000
Strike 26150 has a total call value of 1,496,621,750,000 versus a total put value of 0 Combined total value = 1,496,621,750,000
Strike 26200 has a total call value of 1,548,012,250,000 versus a total put value of 0 Combined total value = 1,548,012,250,000
Strike 26250 has a total call value of 1,599,771,750,000 versus a total put value of 0 Combined total value = 1,599,771,750,000
Strike 26300 has a total call value of 1,651,531,250,000 versus a total put value of 0 Combined total value = 1,651,531,250,000
Strike 26350 has a total call value of 1,703,618,500,000 versus a total put value of 0 Combined total value = 1,703,618,500,000
Strike 26400 has a total call value of 1,755,705,750,000 versus a total put value of 0 Combined total value = 1,755,705,750,000
Strike 26450 has a total call value of 1,808,128,375,000 versus a total put value of 0 Combined total value = 1,808,128,375,000
Strike 26500 has a total call value of 1,860,551,000,000 versus a total put value of 0 Combined total value = 1,860,551,000,000
Strike 26550 has a total call value of 1,913,630,875,000 versus a total put value of 0 Combined total value = 1,913,630,875,000
Strike 26600 has a total call value of 1,966,710,750,000 versus a total put value of 0 Combined total value = 1,966,710,750,000
Strike 26650 has a total call value of 2,020,149,750,000 versus a total put value of 0 Combined total value = 2,020,149,750,000
Strike 26700 has a total call value of 2,073,588,750,000 versus a total put value of 0 Combined total value = 2,073,588,750,000
Strike 26750 has a total call value of 2,128,138,000,000 versus a total put value of 0 Combined total value = 2,128,138,000,000
Strike 26800 has a total call value of 2,182,687,250,000 versus a total put value of 0 Combined total value = 2,182,687,250,000
Strike 26850 has a total call value of 2,237,375,250,000 versus a total put value of 0 Combined total value = 2,237,375,250,000
Strike 26900 has a total call value of 2,292,063,250,000 versus a total put value of 0 Combined total value = 2,292,063,250,000
Strike 26950 has a total call value of 2,346,895,750,000 versus a total put value of 0 Combined total value = 2,346,895,750,000
Strike 27000 has a total call value of 2,401,728,250,000 versus a total put value of 0 Combined total value = 2,401,728,250,000
Strike 27050 has a total call value of 2,457,823,375,000 versus a total put value of 0 Combined total value = 2,457,823,375,000
Strike 27100 has a total call value of 2,513,918,500,000 versus a total put value of 0 Combined total value = 2,513,918,500,000
Strike 27150 has a total call value of 2,570,394,375,000 versus a total put value of 0 Combined total value = 2,570,394,375,000
Strike 27200 has a total call value of 2,626,870,250,000 versus a total put value of 0 Combined total value = 2,626,870,250,000
Strike 27250 has a total call value of 2,683,598,000,000 versus a total put value of 0 Combined total value = 2,683,598,000,000
Strike 27300 has a total call value of 2,740,325,750,000 versus a total put value of 0 Combined total value = 2,740,325,750,000
Strike 27350 has a total call value of 2,797,081,250,000 versus a total put value of 0 Combined total value = 2,797,081,250,000
Strike 27400 has a total call value of 2,853,836,750,000 versus a total put value of 0 Combined total value = 2,853,836,750,000
Strike 27450 has a total call value of 2,910,632,500,000 versus a total put value of 0 Combined total value = 2,910,632,500,000
Strike 27500 has a total call value of 2,967,428,250,000 versus a total put value of 0 Combined total value = 2,967,428,250,000
Strike 27550 has a total call value of 3,025,387,250,000 versus a total put value of 0 Combined total value = 3,025,387,250,000
Strike 27600 has a total call value of 3,083,346,250,000 versus a total put value of 0 Combined total value = 3,083,346,250,000
Strike 27650 has a total call value of 3,141,305,250,000 versus a total put value of 0 Combined total value = 3,141,305,250,000
Strike 27700 has a total call value of 3,199,264,250,000 versus a total put value of 0 Combined total value = 3,199,264,250,000
Strike 27750 has a total call value of 3,257,223,250,000 versus a total put value of 0 Combined total value = 3,257,223,250,000
Strike 27800 has a total call value of 3,315,182,250,000 versus a total put value of 0 Combined total value = 3,315,182,250,000
Strike 27850 has a total call value of 3,373,141,250,000 versus a total put value of 0 Combined total value = 3,373,141,250,000
Strike 27900 has a total call value of 3,431,100,250,000 versus a total put value of 0 Combined total value = 3,431,100,250,000
Strike 27950 has a total call value of 3,489,059,250,000 versus a total put value of 0 Combined total value = 3,489,059,250,000
Strike 28000 has a total call value of 3,547,018,250,000 versus a total put value of 0 Combined total value = 3,547,018,250,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 413.25 | 430 |
| ABB | 6945.3 | 7100 |
| ABBOTINDIA | 28597 | 28000 |
| ABCAPITAL | 184.35 | 200 |
| ABFRL | 282.3 | 300 |
| ACC | 2087.65 | 2400 |
| ADANIENSOL | 792.3 | 800 |
| ADANIENT | 2400.25 | 2800 |
| ADANIGREEN | 1064.25 | 1080 |
| ADANIPORTS | 1243.95 | 1220 |
| ALKEM | 5408.6 | 5500 |
| AMBUJACEM | 548.8 | 600 |
| ANGELONE | 2903.95 | 2950 |
| APLAPOLLO | 1497.2 | 1500 |
| APOLLOHOSP | 7261.15 | 7300 |
| APOLLOTYRE | 542.25 | 530 |
| ASHOKLEY | 220.14 | 225 |
| ASIANPAINT | 2262.4 | 2320 |
| ASTRAL | 1671.5 | 1800 |
| ATGL | 672 | 700 |
| ATUL | 7097.35 | 7200 |
| AUBANK | 548.3 | 560 |
| AUROPHARMA | 1256.25 | 1260 |
| AXISBANK | 1076.7 | 1100 |
| BAJAJ-AUTO | 8878.5 | 9000 |
| BAJAJFINSV | 1559.3 | 1600 |
| BAJFINANCE | 6815.75 | 7000 |
| BALKRISIND | 2824.7 | 2850 |
| BANDHANBNK | 161.47 | 170 |
| BANKBARODA | 246.68 | 255 |
| BANKINDIA | 103.17 | 105 |
| BATAINDIA | 1350.45 | 1400 |
| BEL | 295.2 | 300 |
| BERGEPAINT | 441 | 450 |
| BHARATFORG | 1314.25 | 1340 |
| BHARTIARTL | 1599.5 | 1600 |
| BHEL | 241.75 | 250 |
| BIOCON | 346.45 | 345 |
| BOSCHLTD | 34190.1 | 35000 |
| BPCL | 295.6 | 300 |
| BRITANNIA | 4761.65 | 4800 |
| BSE | 5442.35 | 5400 |
| BSOFT | 570.25 | 600 |
| CAMS | 4964 | 5000 |
| CANBK | 101.03 | 104 |
| CANFINHOME | 723.95 | 760 |
| CDSL | 1806.65 | 1860 |
| CESC | 184.82 | 185 |
| CGPOWER | 743.75 | 730 |
| CHAMBLFERT | 500.4 | 500 |
| CHOLAFIN | 1189.35 | 1200 |
| CIPLA | 1490.55 | 1500 |
| COALINDIA | 386.6 | 405 |
| COFORGE | 9493.25 | 9400 |
| COLPAL | 2719.2 | 2800 |
| CONCOR | 776.35 | 830 |
| COROMANDEL | 1845.05 | 1840 |
| CROMPTON | 393.6 | 400 |
| CUB | 173.54 | 177.5 |
| CUMMINSIND | 3364.25 | 3300 |
| CYIENT | 1928.35 | 1900 |
| DABUR | 505.6 | 510 |
| DALBHARAT | 1738.55 | 1800 |
| DEEPAKNTR | 2571.25 | 2700 |
| DELHIVERY | 350.95 | 350 |
| DIVISLAB | 5886.75 | 5800 |
| DIXON | 18038.15 | 18000 |
| DLF | 838.7 | 850 |
| DMART | 3511.65 | 3500 |
| DRREDDY | 1355.15 | 1350 |
| EICHERMOT | 4801.35 | 4800 |
| ESCORTS | 3151.1 | 3300 |
| EXIDEIND | 418.3 | 440 |
| FEDERALBNK | 197.68 | 200 |
| GAIL | 197.63 | 200 |
| GLENMARK | 1541.45 | 1540 |
| GMRAIRPORT | 79.04 | 84 |
| GMRINFRA | 0 | 32 |
| GNFC | 575.5 | 600 |
| GODREJCP | 1071.2 | 1100 |
| GODREJPROP | 2855.75 | 2900 |
| GRANULES | 592.95 | 590 |
| GRASIM | 2482.05 | 2600 |
| GUJGASLTD | 509 | 510 |
| HAL | 4229.2 | 4400 |
| HAVELLS | 1676.4 | 1700 |
| HCLTECH | 1900.75 | 1900 |
| HDFCAMC | 4269.45 | 4300 |
| HDFCBANK | 1790.75 | 1800 |
| HDFCLIFE | 626.4 | 630 |
| HEROMOTOCO | 4275 | 4400 |
| HFCL | 114.67 | 115 |
| HINDALCO | 628.75 | 640 |
| HINDCOPPER | 263.2 | 270 |
| HINDPETRO | 419.3 | 410 |
| HINDUNILVR | 2332.75 | 2400 |
| HUDCO | 227.58 | 240 |
| ICICIBANK | 1297.35 | 1300 |
| ICICIGI | 1861.15 | 2000 |
| ICICIPRULI | 668.1 | 660 |
| IDEA | 7.56 | 8 |
| IDFCFIRSTB | 61.75 | 65 |
| IEX | 180.17 | 185 |
| IGL | 390.5 | 390 |
| INDHOTEL | 868.3 | 860 |
| INDIAMART | 2231.5 | 2300 |
| INDIANB | 543.8 | 550 |
| INDIGO | 4725 | 4600 |
| INDUSINDBK | 931.95 | 980 |
| INDUSTOWER | 332.35 | 350 |
| INFY | 1907.4 | 1940 |
| IOC | 137.85 | 145 |
| IPCALAB | 1594.4 | 1600 |
| IRB | 55.87 | 55 |
| IRCTC | 782.4 | 820 |
| IRFC | 146.89 | 145 |
| ITC | 476.95 | 480 |
| JINDALSTEL | 941.35 | 950 |
| JIOFIN | 305.55 | 320 |
| JKCEMENT | 4595 | 4500 |
| JSL | 733.85 | 740 |
| JSWENERGY | 636.5 | 650 |
| JSWSTEEL | 914.45 | 940 |
| JUBLFOOD | 703.9 | 700 |
| KALYANKJIL | 726.45 | 720 |
| KEI | 4320.25 | 4300 |
| KOTAKBANK | 1752.8 | 1800 |
| KPITTECH | 1452.2 | 1420 |
| LALPATHLAB | 2954.55 | 3000 |
| LAURUSLABS | 570.6 | 570 |
| LICHSGFIN | 588.2 | 610 |
| LICI | 891.9 | 920 |
| LODHA | 1414.05 | 1400 |
| LT | 3629.5 | 3700 |
| LTF | 136.82 | 140 |
| LTIM | 5752.35 | 5900 |
| LTTS | 4668.05 | 4800 |
| LUPIN | 2182.1 | 2180 |
| M&M | 2975.65 | 3000 |
| M&MFIN | 265.6 | 275 |
| MANAPPURAM | 184.29 | 180 |
| MARICO | 632.6 | 630 |
| MARUTI | 10896 | 11000 |
| MAXHEALTH | 1155.7 | 1100 |
| MCX | 6352.65 | 6400 |
| METROPOLIS | 2028.1 | 2100 |
| MFSL | 1114.2 | 1120 |
| MGL | 1238.95 | 1260 |
| MOTHERSON | 156.4 | 162.5 |
| MPHASIS | 2908.45 | 3000 |
| MRF | 131204.2 | 130000 |
| MUTHOOTFIN | 2062.5 | 2040 |
| NATIONALUM | 217.07 | 220 |
| NAUKRI | 8667.5 | 8600 |
| NAVINFLUOR | 3326.3 | 3500 |
| NCC | 284.5 | 300 |
| NESTLEIND | 2149.9 | 2200 |
| NHPC | 82.04 | 85 |
| NMDC | 214.45 | 230 |
| NTPC | 334.65 | 350 |
| NYKAA | 160.85 | 160 |
| OBEROIRLTY | 2322.65 | 2300 |
| OFSS | 12279.6 | 12250 |
| OIL | 427.05 | 440 |
| ONGC | 240.25 | 250 |
| PAGEIND | 47083.35 | 48000 |
| PAYTM | 1002.35 | 980 |
| PEL | 1098.45 | 1100 |
| PERSISTENT | 6395.8 | 6300 |
| PETRONET | 344.75 | 340 |
| PFC | 463.25 | 470 |
| PIDILITIND | 2932.45 | 3000 |
| PIIND | 3746 | 3800 |
| PNB | 102.16 | 105 |
| POLICYBZR | 2037.2 | 2050 |
| POLYCAB | 7144.6 | 7200 |
| POONAWALLA | 320.45 | 320 |
| POWERGRID | 310.3 | 320 |
| PRESTIGE | 1751.8 | 1750 |
| PVRINOX | 1336.85 | 1380 |
| RAMCOCEM | 976.55 | 1000 |
| RBLBANK | 162.41 | 160 |
| RECLTD | 519.1 | 520 |
| RELIANCE | 1216.55 | 1270 |
| SAIL | 117.59 | 125 |
| SBICARD | 679.2 | 700 |
| SBILIFE | 1409.05 | 1420 |
| SBIN | 812.45 | 830 |
| SHREECEM | 26342.7 | 26000 |
| SHRIRAMFIN | 2926.9 | 3000 |
| SIEMENS | 6705.55 | 6800 |
| SJVN | 108.87 | 115 |
| SONACOMS | 593.55 | 600 |
| SRF | 2262.15 | 2300 |
| SUNPHARMA | 1841.35 | 1820 |
| SUNTV | 686.45 | 720 |
| SUPREMEIND | 4756.55 | 5000 |
| SYNGENE | 846.6 | 850 |
| TATACHEM | 1057.65 | 1080 |
| TATACOMM | 1733.35 | 1760 |
| TATACONSUM | 900.95 | 920 |
| TATAELXSI | 6896.2 | 7000 |
| TATAMOTORS | 740.8 | 760 |
| TATAPOWER | 404.3 | 420 |
| TATASTEEL | 140.36 | 147.5 |
| TCS | 4169.1 | 4250 |
| TECHM | 1698.7 | 1720 |
| TIINDIA | 3636.9 | 3600 |
| TITAN | 3323.05 | 3400 |
| TORNTPHARM | 3421.35 | 3400 |
| TRENT | 7063.7 | 7000 |
| TVSMOTOR | 2438.55 | 2500 |
| UBL | 2015.1 | 2000 |
| ULTRACEMCO | 11460.65 | 11500 |
| UNIONBANK | 119.05 | 120 |
| UNITDSPR | 1566.95 | 1560 |
| UPL | 499.65 | 520 |
| VBL | 624.1 | 630 |
| VEDL | 460.45 | 480 |
| VOLTAS | 1711.3 | 1740 |
| WIPRO | 305.05 | 300 |
| YESBANK | 19.8 | 20 |
| ZOMATO | 273.2 | 250 |
| ZYDUSLIFE | 957.65 | 1000 |
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.
