FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
10 Jul 2025 04:12 PM IST
Max Pain for FINNIFTY is 27000
Strike 22500 has a total call value of 0 versus a total put value of 249,997,475,000 Combined total value = 249,997,475,000
Strike 22600 has a total call value of 0 versus a total put value of 242,561,475,000 Combined total value = 242,561,475,000
Strike 22700 has a total call value of 0 versus a total put value of 235,125,475,000 Combined total value = 235,125,475,000
Strike 22800 has a total call value of 0 versus a total put value of 227,689,475,000 Combined total value = 227,689,475,000
Strike 22900 has a total call value of 0 versus a total put value of 220,253,475,000 Combined total value = 220,253,475,000
Strike 23000 has a total call value of 0 versus a total put value of 212,817,475,000 Combined total value = 212,817,475,000
Strike 23050 has a total call value of 0 versus a total put value of 209,275,950,000 Combined total value = 209,275,950,000
Strike 23100 has a total call value of 0 versus a total put value of 205,734,425,000 Combined total value = 205,734,425,000
Strike 23150 has a total call value of 0 versus a total put value of 202,192,900,000 Combined total value = 202,192,900,000
Strike 23200 has a total call value of 0 versus a total put value of 198,651,375,000 Combined total value = 198,651,375,000
Strike 23250 has a total call value of 0 versus a total put value of 195,109,850,000 Combined total value = 195,109,850,000
Strike 23300 has a total call value of 0 versus a total put value of 191,568,325,000 Combined total value = 191,568,325,000
Strike 23350 has a total call value of 0 versus a total put value of 188,026,800,000 Combined total value = 188,026,800,000
Strike 23400 has a total call value of 0 versus a total put value of 184,485,275,000 Combined total value = 184,485,275,000
Strike 23450 has a total call value of 0 versus a total put value of 180,943,750,000 Combined total value = 180,943,750,000
Strike 23500 has a total call value of 0 versus a total put value of 177,402,225,000 Combined total value = 177,402,225,000
Strike 23550 has a total call value of 0 versus a total put value of 174,026,450,000 Combined total value = 174,026,450,000
Strike 23600 has a total call value of 0 versus a total put value of 170,650,675,000 Combined total value = 170,650,675,000
Strike 23650 has a total call value of 0 versus a total put value of 167,281,075,000 Combined total value = 167,281,075,000
Strike 23700 has a total call value of 0 versus a total put value of 163,911,475,000 Combined total value = 163,911,475,000
Strike 23750 has a total call value of 0 versus a total put value of 160,546,100,000 Combined total value = 160,546,100,000
Strike 23800 has a total call value of 0 versus a total put value of 157,180,725,000 Combined total value = 157,180,725,000
Strike 23850 has a total call value of 0 versus a total put value of 153,820,225,000 Combined total value = 153,820,225,000
Strike 23900 has a total call value of 0 versus a total put value of 150,459,725,000 Combined total value = 150,459,725,000
Strike 23950 has a total call value of 0 versus a total put value of 147,099,225,000 Combined total value = 147,099,225,000
Strike 24000 has a total call value of 0 versus a total put value of 143,738,725,000 Combined total value = 143,738,725,000
Strike 24050 has a total call value of 0 versus a total put value of 140,462,075,000 Combined total value = 140,462,075,000
Strike 24100 has a total call value of 0 versus a total put value of 137,185,425,000 Combined total value = 137,185,425,000
Strike 24150 has a total call value of 0 versus a total put value of 133,914,625,000 Combined total value = 133,914,625,000
Strike 24200 has a total call value of 0 versus a total put value of 130,643,825,000 Combined total value = 130,643,825,000
Strike 24250 has a total call value of 0 versus a total put value of 127,375,300,000 Combined total value = 127,375,300,000
Strike 24300 has a total call value of 0 versus a total put value of 124,106,775,000 Combined total value = 124,106,775,000
Strike 24350 has a total call value of 0 versus a total put value of 120,842,150,000 Combined total value = 120,842,150,000
Strike 24400 has a total call value of 0 versus a total put value of 117,577,525,000 Combined total value = 117,577,525,000
Strike 24450 has a total call value of 0 versus a total put value of 114,325,250,000 Combined total value = 114,325,250,000
Strike 24500 has a total call value of 0 versus a total put value of 111,072,975,000 Combined total value = 111,072,975,000
Strike 24550 has a total call value of 0 versus a total put value of 108,105,075,000 Combined total value = 108,105,075,000
Strike 24600 has a total call value of 0 versus a total put value of 105,137,175,000 Combined total value = 105,137,175,000
Strike 24650 has a total call value of 0 versus a total put value of 102,171,875,000 Combined total value = 102,171,875,000
Strike 24700 has a total call value of 0 versus a total put value of 99,206,575,000 Combined total value = 99,206,575,000
Strike 24750 has a total call value of 0 versus a total put value of 96,247,775,000 Combined total value = 96,247,775,000
Strike 24800 has a total call value of 0 versus a total put value of 93,288,975,000 Combined total value = 93,288,975,000
Strike 24850 has a total call value of 0 versus a total put value of 90,336,675,000 Combined total value = 90,336,675,000
Strike 24900 has a total call value of 0 versus a total put value of 87,384,375,000 Combined total value = 87,384,375,000
Strike 24950 has a total call value of 0 versus a total put value of 84,460,025,000 Combined total value = 84,460,025,000
Strike 25000 has a total call value of 0 versus a total put value of 81,535,675,000 Combined total value = 81,535,675,000
Strike 25050 has a total call value of 0 versus a total put value of 78,957,450,000 Combined total value = 78,957,450,000
Strike 25100 has a total call value of 0 versus a total put value of 76,379,225,000 Combined total value = 76,379,225,000
Strike 25150 has a total call value of 0 versus a total put value of 73,814,000,000 Combined total value = 73,814,000,000
Strike 25200 has a total call value of 0 versus a total put value of 71,248,775,000 Combined total value = 71,248,775,000
Strike 25250 has a total call value of 0 versus a total put value of 68,683,550,000 Combined total value = 68,683,550,000
Strike 25300 has a total call value of 0 versus a total put value of 66,118,325,000 Combined total value = 66,118,325,000
Strike 25350 has a total call value of 0 versus a total put value of 63,573,900,000 Combined total value = 63,573,900,000
Strike 25400 has a total call value of 0 versus a total put value of 61,029,475,000 Combined total value = 61,029,475,000
Strike 25450 has a total call value of 0 versus a total put value of 58,498,050,000 Combined total value = 58,498,050,000
Strike 25500 has a total call value of 0 versus a total put value of 55,966,625,000 Combined total value = 55,966,625,000
Strike 25550 has a total call value of 0 versus a total put value of 53,687,075,000 Combined total value = 53,687,075,000
Strike 25600 has a total call value of 0 versus a total put value of 51,411,425,000 Combined total value = 51,411,425,000
Strike 25650 has a total call value of 0 versus a total put value of 49,140,650,000 Combined total value = 49,140,650,000
Strike 25700 has a total call value of 0 versus a total put value of 46,874,750,000 Combined total value = 46,874,750,000
Strike 25750 has a total call value of 0 versus a total put value of 44,614,375,000 Combined total value = 44,614,375,000
Strike 25800 has a total call value of 0 versus a total put value of 42,354,000,000 Combined total value = 42,354,000,000
Strike 25850 has a total call value of 0 versus a total put value of 40,119,300,000 Combined total value = 40,119,300,000
Strike 25900 has a total call value of 0 versus a total put value of 37,884,600,000 Combined total value = 37,884,600,000
Strike 25950 has a total call value of 0 versus a total put value of 35,704,175,000 Combined total value = 35,704,175,000
Strike 26000 has a total call value of 0 versus a total put value of 33,523,750,000 Combined total value = 33,523,750,000
Strike 26050 has a total call value of 0 versus a total put value of 31,569,200,000 Combined total value = 31,569,200,000
Strike 26100 has a total call value of 0 versus a total put value of 29,614,650,000 Combined total value = 29,614,650,000
Strike 26150 has a total call value of 0 versus a total put value of 27,660,100,000 Combined total value = 27,660,100,000
Strike 26200 has a total call value of 0 versus a total put value of 25,705,550,000 Combined total value = 25,705,550,000
Strike 26250 has a total call value of 0 versus a total put value of 23,803,325,000 Combined total value = 23,803,325,000
Strike 26300 has a total call value of 325,000 versus a total put value of 21,901,100,000 Combined total value = 21,901,425,000
Strike 26350 has a total call value of 650,000 versus a total put value of 20,044,375,000 Combined total value = 20,045,025,000
Strike 26400 has a total call value of 975,000 versus a total put value of 18,187,650,000 Combined total value = 18,188,625,000
Strike 26450 has a total call value of 1,300,000 versus a total put value of 16,379,675,000 Combined total value = 16,380,975,000
Strike 26500 has a total call value of 1,625,000 versus a total put value of 14,585,675,000 Combined total value = 14,587,300,000
Strike 26550 has a total call value of 40,300,000 versus a total put value of 13,112,450,000 Combined total value = 13,152,750,000
Strike 26600 has a total call value of 78,975,000 versus a total put value of 11,639,225,000 Combined total value = 11,718,200,000
Strike 26650 has a total call value of 117,650,000 versus a total put value of 10,225,800,000 Combined total value = 10,343,450,000
Strike 26700 has a total call value of 157,950,000 versus a total put value of 8,826,350,000 Combined total value = 8,984,300,000
Strike 26750 has a total call value of 242,450,000 versus a total put value of 7,515,950,000 Combined total value = 7,758,400,000
Strike 26800 has a total call value of 352,950,000 versus a total put value of 6,256,250,000 Combined total value = 6,609,200,000
Strike 26850 has a total call value of 519,675,000 versus a total put value of 5,154,825,000 Combined total value = 5,674,500,000
Strike 26900 has a total call value of 725,075,000 versus a total put value of 4,120,025,000 Combined total value = 4,845,100,000
Strike 26950 has a total call value of 1,022,125,000 versus a total put value of 3,233,750,000 Combined total value = 4,255,875,000
Strike 27000 has a total call value of 1,383,200,000 versus a total put value of 2,418,325,000 Combined total value = 3,801,525,000
Strike 27050 has a total call value of 2,039,375,000 versus a total put value of 1,869,400,000 Combined total value = 3,908,775,000
Strike 27100 has a total call value of 2,763,150,000 versus a total put value of 1,427,725,000 Combined total value = 4,190,875,000
Strike 27150 has a total call value of 3,599,700,000 versus a total put value of 1,081,925,000 Combined total value = 4,681,625,000
Strike 27200 has a total call value of 4,474,275,000 versus a total put value of 792,675,000 Combined total value = 5,266,950,000
Strike 27250 has a total call value of 5,555,550,000 versus a total put value of 588,250,000 Combined total value = 6,143,800,000
Strike 27300 has a total call value of 6,687,850,000 versus a total put value of 417,950,000 Combined total value = 7,105,800,000
Strike 27350 has a total call value of 7,925,450,000 versus a total put value of 295,100,000 Combined total value = 8,220,550,000
Strike 27400 has a total call value of 9,194,575,000 versus a total put value of 188,175,000 Combined total value = 9,382,750,000
Strike 27450 has a total call value of 10,560,875,000 versus a total put value of 104,975,000 Combined total value = 10,665,850,000
Strike 27500 has a total call value of 11,934,325,000 versus a total put value of 25,025,000 Combined total value = 11,959,350,000
Strike 27550 has a total call value of 13,848,900,000 versus a total put value of 21,125,000 Combined total value = 13,870,025,000
Strike 27600 has a total call value of 15,763,475,000 versus a total put value of 17,225,000 Combined total value = 15,780,700,000
Strike 27650 has a total call value of 17,688,125,000 versus a total put value of 13,325,000 Combined total value = 17,701,450,000
Strike 27700 has a total call value of 19,639,100,000 versus a total put value of 9,425,000 Combined total value = 19,648,525,000
Strike 27750 has a total call value of 21,658,975,000 versus a total put value of 5,525,000 Combined total value = 21,664,500,000
Strike 27800 has a total call value of 23,678,850,000 versus a total put value of 1,625,000 Combined total value = 23,680,475,000
Strike 27850 has a total call value of 25,698,725,000 versus a total put value of 1,300,000 Combined total value = 25,700,025,000
Strike 27900 has a total call value of 27,785,875,000 versus a total put value of 975,000 Combined total value = 27,786,850,000
Strike 27950 has a total call value of 29,923,400,000 versus a total put value of 650,000 Combined total value = 29,924,050,000
Strike 28000 has a total call value of 32,073,275,000 versus a total put value of 325,000 Combined total value = 32,073,600,000
Strike 28050 has a total call value of 34,739,575,000 versus a total put value of 0 Combined total value = 34,739,575,000
Strike 28100 has a total call value of 37,432,850,000 versus a total put value of 0 Combined total value = 37,432,850,000
Strike 28150 has a total call value of 40,126,125,000 versus a total put value of 0 Combined total value = 40,126,125,000
Strike 28200 has a total call value of 42,819,400,000 versus a total put value of 0 Combined total value = 42,819,400,000
Strike 28250 has a total call value of 45,578,325,000 versus a total put value of 0 Combined total value = 45,578,325,000
Strike 28300 has a total call value of 48,337,250,000 versus a total put value of 0 Combined total value = 48,337,250,000
Strike 28350 has a total call value of 51,241,125,000 versus a total put value of 0 Combined total value = 51,241,125,000
Strike 28400 has a total call value of 54,145,000,000 versus a total put value of 0 Combined total value = 54,145,000,000
Strike 28450 has a total call value of 57,118,100,000 versus a total put value of 0 Combined total value = 57,118,100,000
Strike 28500 has a total call value of 60,091,200,000 versus a total put value of 0 Combined total value = 60,091,200,000
Strike 28550 has a total call value of 63,505,000,000 versus a total put value of 0 Combined total value = 63,505,000,000
Strike 28600 has a total call value of 66,924,325,000 versus a total put value of 0 Combined total value = 66,924,325,000
Strike 28650 has a total call value of 70,343,650,000 versus a total put value of 0 Combined total value = 70,343,650,000
Strike 28700 has a total call value of 73,762,975,000 versus a total put value of 0 Combined total value = 73,762,975,000
Strike 28750 has a total call value of 77,182,300,000 versus a total put value of 0 Combined total value = 77,182,300,000
Strike 28800 has a total call value of 80,601,625,000 versus a total put value of 0 Combined total value = 80,601,625,000
Strike 28850 has a total call value of 84,057,350,000 versus a total put value of 0 Combined total value = 84,057,350,000
Strike 28900 has a total call value of 87,513,075,000 versus a total put value of 0 Combined total value = 87,513,075,000
Strike 28950 has a total call value of 90,975,300,000 versus a total put value of 0 Combined total value = 90,975,300,000
Strike 29000 has a total call value of 94,437,525,000 versus a total put value of 0 Combined total value = 94,437,525,000
Strike 29050 has a total call value of 98,255,625,000 versus a total put value of 0 Combined total value = 98,255,625,000
Strike 29100 has a total call value of 102,073,725,000 versus a total put value of 0 Combined total value = 102,073,725,000
Strike 29150 has a total call value of 105,898,325,000 versus a total put value of 0 Combined total value = 105,898,325,000
Strike 29200 has a total call value of 109,722,925,000 versus a total put value of 0 Combined total value = 109,722,925,000
Strike 29250 has a total call value of 113,547,525,000 versus a total put value of 0 Combined total value = 113,547,525,000
Strike 29300 has a total call value of 117,372,125,000 versus a total put value of 0 Combined total value = 117,372,125,000
Strike 29350 has a total call value of 121,226,625,000 versus a total put value of 0 Combined total value = 121,226,625,000
Strike 29400 has a total call value of 125,081,125,000 versus a total put value of 0 Combined total value = 125,081,125,000
Strike 29450 has a total call value of 128,942,775,000 versus a total put value of 0 Combined total value = 128,942,775,000
Strike 29500 has a total call value of 132,804,425,000 versus a total put value of 0 Combined total value = 132,804,425,000
Strike 29550 has a total call value of 136,791,200,000 versus a total put value of 0 Combined total value = 136,791,200,000
Strike 29600 has a total call value of 140,777,975,000 versus a total put value of 0 Combined total value = 140,777,975,000
Strike 29650 has a total call value of 144,779,700,000 versus a total put value of 0 Combined total value = 144,779,700,000
Strike 29700 has a total call value of 148,781,425,000 versus a total put value of 0 Combined total value = 148,781,425,000
Strike 29750 has a total call value of 152,793,875,000 versus a total put value of 0 Combined total value = 152,793,875,000
Strike 29800 has a total call value of 156,806,325,000 versus a total put value of 0 Combined total value = 156,806,325,000
Strike 29850 has a total call value of 160,828,850,000 versus a total put value of 0 Combined total value = 160,828,850,000
Strike 29900 has a total call value of 164,851,375,000 versus a total put value of 0 Combined total value = 164,851,375,000
Strike 29950 has a total call value of 168,873,900,000 versus a total put value of 0 Combined total value = 168,873,900,000
Strike 30000 has a total call value of 172,896,425,000 versus a total put value of 0 Combined total value = 172,896,425,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1190.1 | 1200 |
| AARTIIND | 448 | 465 |
| ABB | 5893.5 | 6000 |
| ABCAPITAL | 272 | 270 |
| ABFRL | 77.8 | 75 |
| ACC | 2001.5 | 1940 |
| ADANIENSOL | 890 | 880 |
| ADANIENT | 2581 | 2620 |
| ADANIGREEN | 997.6 | 1000 |
| ADANIPORTS | 1442.6 | 1420 |
| ALKEM | 4734.9 | 4800 |
| AMBER | 7753 | 7200 |
| AMBUJACEM | 584 | 600 |
| ANGELONE | 2727.4 | 2800 |
| APLAPOLLO | 1715 | 1740 |
| APOLLOHOSP | 7353 | 7450 |
| ASHOKLEY | 249.8 | 250 |
| ASIANPAINT | 2451.2 | 2400 |
| ASTRAL | 1492.9 | 1500 |
| ATGL | 651.95 | 670 |
| AUBANK | 828.2 | 810 |
| AUROPHARMA | 1129.9 | 1140 |
| AXISBANK | 1164.3 | 1180 |
| BAJAJ-AUTO | 8285 | 8400 |
| BAJAJFINSV | 2037.3 | 2040 |
| BAJFINANCE | 947.65 | 940 |
| BALKRISIND | 2636 | 2580 |
| BANDHANBNK | 178.26 | 180 |
| BANKBARODA | 238.84 | 241.65 |
| BANKINDIA | 114.42 | 115.95 |
| BDL | 1892.8 | 1900 |
| BEL | 413.5 | 420 |
| BHARATFORG | 1224 | 1280 |
| BHARTIARTL | 1964.5 | 1980 |
| BHEL | 261.3 | 260 |
| BIOCON | 372 | 365 |
| BLUESTARCO | 1796.3 | 1800 |
| BOSCHLTD | 36280 | 34500 |
| BPCL | 350.95 | 340 |
| BRITANNIA | 5878 | 5800 |
| BSE | 2466.3 | 2600 |
| BSOFT | 427.95 | 430 |
| CAMS | 4187.9 | 4250 |
| CANBK | 112.39 | 113 |
| CDSL | 1747.2 | 1760 |
| CESC | 178.44 | 175 |
| CGPOWER | 677.35 | 670 |
| CHAMBLFERT | 550.5 | 560 |
| CHOLAFIN | 1546.8 | 1560 |
| CIPLA | 1477.2 | 1500 |
| COALINDIA | 384.05 | 395 |
| COFORGE | 1887.5 | 1880 |
| COLPAL | 2411.3 | 2440 |
| CONCOR | 627.1 | 610 |
| CROMPTON | 343.8 | 350 |
| CUMMINSIND | 3518.9 | 3400 |
| CYIENT | 1293.9 | 1300 |
| DABUR | 521.85 | 505 |
| DALBHARAT | 2171.7 | 2180 |
| DELHIVERY | 415.1 | 400 |
| DIVISLAB | 6844.5 | 6800 |
| DIXON | 15849 | 15000 |
| DLF | 831.55 | 840 |
| DMART | 4157 | 4250 |
| DRREDDY | 1262.6 | 1280 |
| EICHERMOT | 5652 | 5700 |
| ETERNAL | 262.85 | 260 |
| EXIDEIND | 388.95 | 390 |
| FEDERALBNK | 210.98 | 212.5 |
| FORTIS | 773.45 | 780 |
| GAIL | 185.67 | 190 |
| GLENMARK | 1904 | 1800 |
| GMRAIRPORT | 92.13 | 90 |
| GODREJCP | 1286.7 | 1260 |
| GODREJPROP | 2256.2 | 2300 |
| GRANULES | 473.8 | 490 |
| GRASIM | 2774.8 | 2800 |
| HAL | 4915.6 | 5000 |
| HAVELLS | 1531 | 1560 |
| HCLTECH | 1660.1 | 1700 |
| HDFCAMC | 5200 | 5100 |
| HDFCBANK | 2006.2 | 2000 |
| HDFCLIFE | 771.25 | 790 |
| HEROMOTOCO | 4315.8 | 4300 |
| HFCL | 82.15 | 85 |
| HINDALCO | 675.05 | 680 |
| HINDCOPPER | 265 | 265 |
| HINDPETRO | 441.25 | 435 |
| HINDUNILVR | 2408.4 | 2360 |
| HINDZINC | 422.8 | 450 |
| HUDCO | 231.36 | 235 |
| ICICIBANK | 1424 | 1440 |
| ICICIGI | 1994.6 | 2000 |
| ICICIPRULI | 673.05 | 660 |
| IDEA | 7.33 | 7 |
| IDFCFIRSTB | 76.63 | 75 |
| IEX | 206.47 | 200 |
| IGL | 221 | 215 |
| IIFL | 520.9 | 490 |
| INDHOTEL | 743.35 | 760 |
| INDIANB | 631.25 | 633.75 |
| INDIGO | 5841.5 | 5800 |
| INDUSINDBK | 852.85 | 850 |
| INDUSTOWER | 402.2 | 410 |
| INFY | 1615.8 | 1620 |
| INOXWIND | 178.99 | 175 |
| IOC | 152.33 | 150 |
| IRB | 48.33 | 49 |
| IRCTC | 784.2 | 790 |
| IREDA | 169.88 | 170 |
| IRFC | 137.13 | 140 |
| ITC | 416.85 | 420 |
| JINDALSTEL | 944.55 | 950 |
| JIOFIN | 331.65 | 322.5 |
| JSL | 681.8 | 690 |
| JSWENERGY | 530.55 | 510 |
| JSWSTEEL | 1043.3 | 1030 |
| JUBLFOOD | 685.2 | 700 |
| KALYANKJIL | 585.2 | 570 |
| KAYNES | 6164.5 | 6000 |
| KEI | 3696.6 | 3800 |
| KFINTECH | 1291.9 | 1300 |
| KOTAKBANK | 2203.8 | 2200 |
| KPITTECH | 1253.2 | 1260 |
| LAURUSLABS | 793.5 | 760 |
| LICHSGFIN | 605.5 | 610 |
| LICI | 926.55 | 940 |
| LODHA | 1411.8 | 1400 |
| LT | 3574.7 | 3600 |
| LTF | 206.99 | 202.5 |
| LTIM | 5307.5 | 5350 |
| LUPIN | 1894.8 | 1940 |
| M&M | 3162.4 | 3200 |
| M&MFIN | 267.25 | 270 |
| MANAPPURAM | 265.5 | 270 |
| MANKIND | 2544 | 2450 |
| MARICO | 727 | 730 |
| MARUTI | 12650 | 12600 |
| MAXHEALTH | 1251.6 | 1260 |
| MAZDOCK | 3263 | 3300 |
| MCX | 8330 | 8500 |
| MFSL | 1582.8 | 1600 |
| MGL | 1482.2 | 1500 |
| MOTHERSON | 153.53 | 155 |
| MPHASIS | 2861.1 | 2823 |
| MUTHOOTFIN | 2644.8 | 2600 |
| NATIONALUM | 189 | 190 |
| NAUKRI | 1420.1 | 1460 |
| NBCC | 113.97 | 120 |
| NCC | 223.5 | 225 |
| NESTLEIND | 2400.1 | 2420 |
| NHPC | 87.52 | 86 |
| NMDC | 68.69 | 70 |
| NTPC | 341.45 | 340 |
| NYKAA | 216.52 | 207.5 |
| OBEROIRLTY | 1843.1 | 1900 |
| OFSS | 8777 | 9000 |
| OIL | 437.5 | 450 |
| ONGC | 243.09 | 242.5 |
| PAGEIND | 48115 | 48000 |
| PATANJALI | 1663.6 | 1660 |
| PAYTM | 940.55 | 920 |
| PEL | 1163 | 1160 |
| PERSISTENT | 5680.5 | 5800 |
| PETRONET | 305.6 | 310 |
| PFC | 429 | 420 |
| PGEL | 774 | 760 |
| PHOENIXLTD | 1509.6 | 1540 |
| PIDILITIND | 3060 | 3060 |
| PIIND | 4043.7 | 4100 |
| PNB | 109.76 | 110 |
| PNBHOUSING | 1084.3 | 1100 |
| POLICYBZR | 1832.1 | 1840 |
| POLYCAB | 6800 | 6600 |
| POONAWALLA | 467.3 | 460 |
| POWERGRID | 298.95 | 300 |
| PPLPHARMA | 200.64 | 200 |
| PRESTIGE | 1696.5 | 1680 |
| RBLBANK | 255.5 | 245 |
| RECLTD | 397.55 | 400 |
| RELIANCE | 1517.2 | 1510 |
| RVNL | 384.85 | 400 |
| SAIL | 134.9 | 135 |
| SBICARD | 935.2 | 940 |
| SBILIFE | 1810 | 1820 |
| SBIN | 808 | 810 |
| SHREECEM | 31200 | 31000 |
| SHRIRAMFIN | 671.75 | 680 |
| SIEMENS | 3191.6 | 3250 |
| SJVN | 97.61 | 100 |
| SOLARINDS | 15960 | 16500 |
| SONACOMS | 454.65 | 460 |
| SRF | 3259.6 | 3200 |
| SUNPHARMA | 1662.5 | 1680 |
| SUPREMEIND | 4149.2 | 4300 |
| SYNGENE | 634.3 | 650 |
| TATACHEM | 925.25 | 940 |
| TATACOMM | 1753.4 | 1760 |
| TATACONSUM | 1088.9 | 1100 |
| TATAELXSI | 6136 | 6100 |
| TATAMOTORS | 695.6 | 700 |
| TATAPOWER | 399.9 | 405 |
| TATASTEEL | 160.63 | 161.4 |
| TATATECH | 708.75 | 720 |
| TCS | 3382 | 3400 |
| TECHM | 1600.1 | 1640 |
| TIINDIA | 2899.5 | 3000 |
| TITAGARH | 949.8 | 940 |
| TITAN | 3419.8 | 3500 |
| TORNTPHARM | 3339.4 | 3350 |
| TORNTPOWER | 1426.7 | 1460 |
| TRENT | 5431 | 5600 |
| TVSMOTOR | 2830.1 | 2860 |
| ULTRACEMCO | 12516 | 12300 |
| UNIONBANK | 143.86 | 145 |
| UNITDSPR | 1384 | 1420 |
| UNOMINDA | 1098.6 | 1100 |
| UPL | 661.65 | 640 |
| VBL | 459.75 | 460 |
| VEDL | 439.2 | 450 |
| VOLTAS | 1368.9 | 1340 |
| WIPRO | 265.05 | 265 |
| YESBANK | 19.81 | 20 |
| ZYDUSLIFE | 972.95 | 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.
