FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
19 Mar 2025 04:13 PM IST
Max Pain for FINNIFTY is 23800
Strike 19500 has a total call value of 0 versus a total put value of 1,060,962,175,000 Combined total value = 1,060,962,175,000
Strike 19550 has a total call value of 0 versus a total put value of 1,045,359,575,000 Combined total value = 1,045,359,575,000
Strike 19600 has a total call value of 0 versus a total put value of 1,029,756,975,000 Combined total value = 1,029,756,975,000
Strike 19650 has a total call value of 0 versus a total put value of 1,014,154,375,000 Combined total value = 1,014,154,375,000
Strike 19700 has a total call value of 0 versus a total put value of 998,551,775,000 Combined total value = 998,551,775,000
Strike 19750 has a total call value of 0 versus a total put value of 982,949,175,000 Combined total value = 982,949,175,000
Strike 19800 has a total call value of 0 versus a total put value of 967,346,575,000 Combined total value = 967,346,575,000
Strike 19850 has a total call value of 0 versus a total put value of 951,743,975,000 Combined total value = 951,743,975,000
Strike 19900 has a total call value of 0 versus a total put value of 936,141,375,000 Combined total value = 936,141,375,000
Strike 19950 has a total call value of 0 versus a total put value of 920,538,775,000 Combined total value = 920,538,775,000
Strike 20000 has a total call value of 0 versus a total put value of 904,936,175,000 Combined total value = 904,936,175,000
Strike 20050 has a total call value of 0 versus a total put value of 889,405,400,000 Combined total value = 889,405,400,000
Strike 20100 has a total call value of 0 versus a total put value of 873,874,625,000 Combined total value = 873,874,625,000
Strike 20150 has a total call value of 0 versus a total put value of 858,343,850,000 Combined total value = 858,343,850,000
Strike 20200 has a total call value of 0 versus a total put value of 842,813,075,000 Combined total value = 842,813,075,000
Strike 20250 has a total call value of 0 versus a total put value of 827,282,300,000 Combined total value = 827,282,300,000
Strike 20300 has a total call value of 0 versus a total put value of 811,751,525,000 Combined total value = 811,751,525,000
Strike 20350 has a total call value of 0 versus a total put value of 796,220,750,000 Combined total value = 796,220,750,000
Strike 20400 has a total call value of 0 versus a total put value of 780,689,975,000 Combined total value = 780,689,975,000
Strike 20450 has a total call value of 0 versus a total put value of 765,185,850,000 Combined total value = 765,185,850,000
Strike 20500 has a total call value of 0 versus a total put value of 749,681,725,000 Combined total value = 749,681,725,000
Strike 20550 has a total call value of 0 versus a total put value of 734,219,525,000 Combined total value = 734,219,525,000
Strike 20600 has a total call value of 0 versus a total put value of 718,757,325,000 Combined total value = 718,757,325,000
Strike 20650 has a total call value of 0 versus a total put value of 703,295,125,000 Combined total value = 703,295,125,000
Strike 20700 has a total call value of 0 versus a total put value of 687,832,925,000 Combined total value = 687,832,925,000
Strike 20750 has a total call value of 0 versus a total put value of 672,391,850,000 Combined total value = 672,391,850,000
Strike 20800 has a total call value of 0 versus a total put value of 656,950,775,000 Combined total value = 656,950,775,000
Strike 20850 has a total call value of 0 versus a total put value of 641,521,400,000 Combined total value = 641,521,400,000
Strike 20900 has a total call value of 0 versus a total put value of 626,092,025,000 Combined total value = 626,092,025,000
Strike 20950 has a total call value of 0 versus a total put value of 610,698,725,000 Combined total value = 610,698,725,000
Strike 21000 has a total call value of 0 versus a total put value of 595,305,425,000 Combined total value = 595,305,425,000
Strike 21050 has a total call value of 0 versus a total put value of 580,155,550,000 Combined total value = 580,155,550,000
Strike 21100 has a total call value of 0 versus a total put value of 565,005,675,000 Combined total value = 565,005,675,000
Strike 21150 has a total call value of 0 versus a total put value of 549,890,900,000 Combined total value = 549,890,900,000
Strike 21200 has a total call value of 0 versus a total put value of 534,776,125,000 Combined total value = 534,776,125,000
Strike 21250 has a total call value of 0 versus a total put value of 519,721,150,000 Combined total value = 519,721,150,000
Strike 21300 has a total call value of 0 versus a total put value of 504,666,175,000 Combined total value = 504,666,175,000
Strike 21350 has a total call value of 0 versus a total put value of 489,645,975,000 Combined total value = 489,645,975,000
Strike 21400 has a total call value of 0 versus a total put value of 474,625,775,000 Combined total value = 474,625,775,000
Strike 21450 has a total call value of 0 versus a total put value of 459,626,375,000 Combined total value = 459,626,375,000
Strike 21500 has a total call value of 0 versus a total put value of 444,626,975,000 Combined total value = 444,626,975,000
Strike 21550 has a total call value of 0 versus a total put value of 430,148,225,000 Combined total value = 430,148,225,000
Strike 21600 has a total call value of 0 versus a total put value of 415,669,475,000 Combined total value = 415,669,475,000
Strike 21650 has a total call value of 0 versus a total put value of 401,456,250,000 Combined total value = 401,456,250,000
Strike 21700 has a total call value of 0 versus a total put value of 387,243,025,000 Combined total value = 387,243,025,000
Strike 21750 has a total call value of 0 versus a total put value of 373,073,350,000 Combined total value = 373,073,350,000
Strike 21800 has a total call value of 0 versus a total put value of 358,903,675,000 Combined total value = 358,903,675,000
Strike 21850 has a total call value of 0 versus a total put value of 344,944,275,000 Combined total value = 344,944,275,000
Strike 21900 has a total call value of 0 versus a total put value of 330,989,100,000 Combined total value = 330,989,100,000
Strike 21950 has a total call value of 0 versus a total put value of 317,229,575,000 Combined total value = 317,229,575,000
Strike 22000 has a total call value of 0 versus a total put value of 303,470,050,000 Combined total value = 303,470,050,000
Strike 22050 has a total call value of 0 versus a total put value of 291,259,150,000 Combined total value = 291,259,150,000
Strike 22100 has a total call value of 0 versus a total put value of 279,052,150,000 Combined total value = 279,052,150,000
Strike 22150 has a total call value of 0 versus a total put value of 266,865,300,000 Combined total value = 266,865,300,000
Strike 22200 has a total call value of 0 versus a total put value of 254,678,450,000 Combined total value = 254,678,450,000
Strike 22250 has a total call value of 0 versus a total put value of 242,717,150,000 Combined total value = 242,717,150,000
Strike 22300 has a total call value of 0 versus a total put value of 230,776,325,000 Combined total value = 230,776,325,000
Strike 22350 has a total call value of 0 versus a total put value of 219,094,850,000 Combined total value = 219,094,850,000
Strike 22400 has a total call value of 0 versus a total put value of 207,422,150,000 Combined total value = 207,422,150,000
Strike 22450 has a total call value of 0 versus a total put value of 195,916,500,000 Combined total value = 195,916,500,000
Strike 22500 has a total call value of 0 versus a total put value of 184,410,850,000 Combined total value = 184,410,850,000
Strike 22550 has a total call value of 0 versus a total put value of 173,409,925,000 Combined total value = 173,409,925,000
Strike 22600 has a total call value of 0 versus a total put value of 162,434,675,000 Combined total value = 162,434,675,000
Strike 22650 has a total call value of 0 versus a total put value of 151,853,975,000 Combined total value = 151,853,975,000
Strike 22700 has a total call value of 0 versus a total put value of 141,333,400,000 Combined total value = 141,333,400,000
Strike 22750 has a total call value of 0 versus a total put value of 131,144,000,000 Combined total value = 131,144,000,000
Strike 22800 has a total call value of 0 versus a total put value of 121,013,100,000 Combined total value = 121,013,100,000
Strike 22850 has a total call value of 0 versus a total put value of 111,786,350,000 Combined total value = 111,786,350,000
Strike 22900 has a total call value of 0 versus a total put value of 102,618,100,000 Combined total value = 102,618,100,000
Strike 22950 has a total call value of 64,675,000 versus a total put value of 94,007,550,000 Combined total value = 94,072,225,000
Strike 23000 has a total call value of 178,425,000 versus a total put value of 85,562,750,000 Combined total value = 85,741,175,000
Strike 23050 has a total call value of 599,625,000 versus a total put value of 78,783,900,000 Combined total value = 79,383,525,000
Strike 23100 has a total call value of 1,061,775,000 versus a total put value of 72,151,950,000 Combined total value = 73,213,725,000
Strike 23150 has a total call value of 1,713,725,000 versus a total put value of 66,107,275,000 Combined total value = 67,821,000,000
Strike 23200 has a total call value of 2,417,025,000 versus a total put value of 60,329,425,000 Combined total value = 62,746,450,000
Strike 23250 has a total call value of 3,352,050,000 versus a total put value of 54,942,225,000 Combined total value = 58,294,275,000
Strike 23300 has a total call value of 4,338,425,000 versus a total put value of 49,618,725,000 Combined total value = 53,957,150,000
Strike 23350 has a total call value of 5,572,125,000 versus a total put value of 44,653,050,000 Combined total value = 50,225,175,000
Strike 23400 has a total call value of 6,852,625,000 versus a total put value of 39,757,575,000 Combined total value = 46,610,200,000
Strike 23450 has a total call value of 8,347,300,000 versus a total put value of 35,065,875,000 Combined total value = 43,413,175,000
Strike 23500 has a total call value of 9,900,475,000 versus a total put value of 30,448,600,000 Combined total value = 40,349,075,000
Strike 23550 has a total call value of 11,902,800,000 versus a total put value of 26,750,100,000 Combined total value = 38,652,900,000
Strike 23600 has a total call value of 13,957,450,000 versus a total put value of 23,145,200,000 Combined total value = 37,102,650,000
Strike 23650 has a total call value of 16,241,225,000 versus a total put value of 19,800,300,000 Combined total value = 36,041,525,000
Strike 23700 has a total call value of 18,616,000,000 versus a total put value of 16,519,425,000 Combined total value = 35,135,425,000
Strike 23750 has a total call value of 21,156,525,000 versus a total put value of 13,506,025,000 Combined total value = 34,662,550,000
Strike 23800 has a total call value of 23,846,550,000 versus a total put value of 10,663,250,000 Combined total value = 34,509,800,000
Strike 23850 has a total call value of 27,036,425,000 versus a total put value of 8,419,450,000 Combined total value = 35,455,875,000
Strike 23900 has a total call value of 30,360,525,000 versus a total put value of 6,328,075,000 Combined total value = 36,688,600,000
Strike 23950 has a total call value of 33,986,875,000 versus a total put value of 4,613,700,000 Combined total value = 38,600,575,000
Strike 24000 has a total call value of 37,665,225,000 versus a total put value of 3,017,625,000 Combined total value = 40,682,850,000
Strike 24050 has a total call value of 41,923,050,000 versus a total put value of 2,130,050,000 Combined total value = 44,053,100,000
Strike 24100 has a total call value of 46,297,225,000 versus a total put value of 1,351,025,000 Combined total value = 47,648,250,000
Strike 24150 has a total call value of 51,137,125,000 versus a total put value of 857,675,000 Combined total value = 51,994,800,000
Strike 24200 has a total call value of 56,165,525,000 versus a total put value of 479,050,000 Combined total value = 56,644,575,000
Strike 24250 has a total call value of 61,645,675,000 versus a total put value of 320,125,000 Combined total value = 61,965,800,000
Strike 24300 has a total call value of 67,307,825,000 versus a total put value of 193,050,000 Combined total value = 67,500,875,000
Strike 24350 has a total call value of 73,345,675,000 versus a total put value of 114,075,000 Combined total value = 73,459,750,000
Strike 24400 has a total call value of 79,479,400,000 versus a total put value of 43,875,000 Combined total value = 79,523,275,000
Strike 24450 has a total call value of 86,441,550,000 versus a total put value of 24,050,000 Combined total value = 86,465,600,000
Strike 24500 has a total call value of 93,551,900,000 versus a total put value of 5,850,000 Combined total value = 93,557,750,000
Strike 24550 has a total call value of 101,447,775,000 versus a total put value of 3,575,000 Combined total value = 101,451,350,000
Strike 24600 has a total call value of 109,371,600,000 versus a total put value of 1,300,000 Combined total value = 109,372,900,000
Strike 24650 has a total call value of 117,815,750,000 versus a total put value of 650,000 Combined total value = 117,816,400,000
Strike 24700 has a total call value of 126,259,900,000 versus a total put value of 0 Combined total value = 126,259,900,000
Strike 24750 has a total call value of 135,352,750,000 versus a total put value of 0 Combined total value = 135,352,750,000
Strike 24800 has a total call value of 144,535,950,000 versus a total put value of 0 Combined total value = 144,535,950,000
Strike 24850 has a total call value of 154,324,950,000 versus a total put value of 0 Combined total value = 154,324,950,000
Strike 24900 has a total call value of 164,113,950,000 versus a total put value of 0 Combined total value = 164,113,950,000
Strike 24950 has a total call value of 174,216,250,000 versus a total put value of 0 Combined total value = 174,216,250,000
Strike 25000 has a total call value of 184,326,675,000 versus a total put value of 0 Combined total value = 184,326,675,000
Strike 25050 has a total call value of 195,162,175,000 versus a total put value of 0 Combined total value = 195,162,175,000
Strike 25100 has a total call value of 205,997,675,000 versus a total put value of 0 Combined total value = 205,997,675,000
Strike 25150 has a total call value of 216,984,625,000 versus a total put value of 0 Combined total value = 216,984,625,000
Strike 25200 has a total call value of 227,971,575,000 versus a total put value of 0 Combined total value = 227,971,575,000
Strike 25250 has a total call value of 239,161,650,000 versus a total put value of 0 Combined total value = 239,161,650,000
Strike 25300 has a total call value of 250,351,725,000 versus a total put value of 0 Combined total value = 250,351,725,000
Strike 25350 has a total call value of 261,595,100,000 versus a total put value of 0 Combined total value = 261,595,100,000
Strike 25400 has a total call value of 272,838,475,000 versus a total put value of 0 Combined total value = 272,838,475,000
Strike 25450 has a total call value of 284,107,200,000 versus a total put value of 0 Combined total value = 284,107,200,000
Strike 25500 has a total call value of 295,375,925,000 versus a total put value of 0 Combined total value = 295,375,925,000
Strike 25550 has a total call value of 306,782,775,000 versus a total put value of 0 Combined total value = 306,782,775,000
Strike 25600 has a total call value of 318,189,625,000 versus a total put value of 0 Combined total value = 318,189,625,000
Strike 25650 has a total call value of 329,612,400,000 versus a total put value of 0 Combined total value = 329,612,400,000
Strike 25700 has a total call value of 341,035,175,000 versus a total put value of 0 Combined total value = 341,035,175,000
Strike 25750 has a total call value of 352,555,450,000 versus a total put value of 0 Combined total value = 352,555,450,000
Strike 25800 has a total call value of 364,075,725,000 versus a total put value of 0 Combined total value = 364,075,725,000
Strike 25850 has a total call value of 375,624,925,000 versus a total put value of 0 Combined total value = 375,624,925,000
Strike 25900 has a total call value of 387,174,125,000 versus a total put value of 0 Combined total value = 387,174,125,000
Strike 25950 has a total call value of 398,771,425,000 versus a total put value of 0 Combined total value = 398,771,425,000
Strike 26000 has a total call value of 410,368,725,000 versus a total put value of 0 Combined total value = 410,368,725,000
Strike 26050 has a total call value of 422,179,875,000 versus a total put value of 0 Combined total value = 422,179,875,000
Strike 26100 has a total call value of 433,991,025,000 versus a total put value of 0 Combined total value = 433,991,025,000
Strike 26150 has a total call value of 445,802,175,000 versus a total put value of 0 Combined total value = 445,802,175,000
Strike 26200 has a total call value of 457,613,325,000 versus a total put value of 0 Combined total value = 457,613,325,000
Strike 26250 has a total call value of 469,424,475,000 versus a total put value of 0 Combined total value = 469,424,475,000
Strike 26300 has a total call value of 481,235,625,000 versus a total put value of 0 Combined total value = 481,235,625,000
Strike 26350 has a total call value of 493,046,775,000 versus a total put value of 0 Combined total value = 493,046,775,000
Strike 26400 has a total call value of 504,857,925,000 versus a total put value of 0 Combined total value = 504,857,925,000
Strike 26450 has a total call value of 516,669,075,000 versus a total put value of 0 Combined total value = 516,669,075,000
Strike 26500 has a total call value of 528,480,225,000 versus a total put value of 0 Combined total value = 528,480,225,000
Strike 26550 has a total call value of 540,432,750,000 versus a total put value of 0 Combined total value = 540,432,750,000
Strike 26600 has a total call value of 552,385,275,000 versus a total put value of 0 Combined total value = 552,385,275,000
Strike 26650 has a total call value of 564,337,800,000 versus a total put value of 0 Combined total value = 564,337,800,000
Strike 26700 has a total call value of 576,290,325,000 versus a total put value of 0 Combined total value = 576,290,325,000
Strike 26750 has a total call value of 588,242,850,000 versus a total put value of 0 Combined total value = 588,242,850,000
Strike 26800 has a total call value of 600,195,375,000 versus a total put value of 0 Combined total value = 600,195,375,000
Strike 26850 has a total call value of 612,147,900,000 versus a total put value of 0 Combined total value = 612,147,900,000
Strike 26900 has a total call value of 624,100,425,000 versus a total put value of 0 Combined total value = 624,100,425,000
Strike 26950 has a total call value of 636,052,950,000 versus a total put value of 0 Combined total value = 636,052,950,000
Strike 27000 has a total call value of 648,005,475,000 versus a total put value of 0 Combined total value = 648,005,475,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 399.35 | 400 |
| ABB | 5475.6 | 5300 |
| ABCAPITAL | 170.79 | 167.5 |
| ABFRL | 251.25 | 250 |
| ACC | 1900 | 1880 |
| ADANIENSOL | 813.9 | 760 |
| ADANIENT | 2318.65 | 2400 |
| ADANIGREEN | 911.2 | 860 |
| ADANIPORTS | 1173.5 | 1140 |
| ALKEM | 4851.8 | 4700 |
| AMBUJACEM | 507.05 | 505 |
| ANGELONE | 2215.35 | 2100 |
| APLAPOLLO | 1492.8 | 1440 |
| APOLLOHOSP | 6427.55 | 6300 |
| APOLLOTYRE | 425.05 | 420 |
| ASHOKLEY | 205.69 | 207.5 |
| ASIANPAINT | 2280.7 | 2260 |
| ASTRAL | 1261 | 1280 |
| ATGL | 622.6 | 600 |
| AUBANK | 525.8 | 515 |
| AUROPHARMA | 1163.8 | 1140 |
| AXISBANK | 1052.05 | 1040 |
| BAJAJ-AUTO | 7721.85 | 7700 |
| BAJAJFINSV | 1842.25 | 1840 |
| BAJFINANCE | 8731.6 | 8600 |
| BALKRISIND | 2619.7 | 2560 |
| BANDHANBNK | 141.27 | 145 |
| BANKBARODA | 213.76 | 212.5 |
| BANKINDIA | 103.21 | 100 |
| BEL | 290 | 280 |
| BERGEPAINT | 501.4 | 500 |
| BHARATFORG | 1136 | 1060 |
| BHARTIARTL | 1637.15 | 1640 |
| BHEL | 205.69 | 200 |
| BIOCON | 341.9 | 330 |
| BOSCHLTD | 27557.3 | 27000 |
| BPCL | 265.26 | 260 |
| BRITANNIA | 4707.1 | 4750 |
| BSE | 4392.45 | 4400 |
| BSOFT | 395.1 | 400 |
| CAMS | 3815.95 | 3600 |
| CANBK | 85.57 | 85 |
| CDSL | 1173.25 | 1120 |
| CESC | 147.62 | 140 |
| CGPOWER | 663.3 | 620 |
| CHAMBLFERT | 586.95 | 570 |
| CHOLAFIN | 1513.25 | 1440 |
| CIPLA | 1499.15 | 1480 |
| COALINDIA | 395.85 | 390 |
| COFORGE | 7550.45 | 7500 |
| COLPAL | 2413.85 | 2480 |
| CONCOR | 684.2 | 680 |
| CROMPTON | 360.45 | 350 |
| CUMMINSIND | 3002.2 | 2900 |
| CYIENT | 1253.75 | 1220 |
| DABUR | 495.45 | 500 |
| DALBHARAT | 1726.25 | 1700 |
| DEEPAKNTR | 2025.4 | 1950 |
| DELHIVERY | 260.96 | 255 |
| DIVISLAB | 5818.1 | 5700 |
| DIXON | 13875.6 | 13500 |
| DLF | 697.55 | 680 |
| DMART | 3845.2 | 3750 |
| DRREDDY | 1172.1 | 1140 |
| EICHERMOT | 5100.9 | 5000 |
| ESCORTS | 3188.85 | 3100 |
| EXIDEIND | 350.15 | 355 |
| FEDERALBNK | 186.19 | 182.5 |
| GAIL | 165.96 | 165 |
| GLENMARK | 1486.7 | 1420 |
| GMRAIRPORT | 76.68 | 74 |
| GODREJCP | 1074.3 | 1050 |
| GODREJPROP | 2104.6 | 2050 |
| GRANULES | 496.25 | 490 |
| GRASIM | 2458.2 | 2400 |
| HAL | 3740.65 | 3550 |
| HAVELLS | 1557.95 | 1500 |
| HCLTECH | 1544.45 | 1580 |
| HDFCAMC | 3975.75 | 3850 |
| HDFCBANK | 1744.1 | 1740 |
| HDFCLIFE | 664.55 | 630 |
| HEROMOTOCO | 3537 | 3600 |
| HFCL | 82.01 | 82.5 |
| HINDALCO | 698.55 | 670 |
| HINDCOPPER | 222.89 | 225 |
| HINDPETRO | 328 | 325 |
| HINDUNILVR | 2200.05 | 2240 |
| HUDCO | 201.08 | 190 |
| ICICIBANK | 1313.1 | 1280 |
| ICICIGI | 1756.5 | 1720 |
| ICICIPRULI | 563 | 560 |
| IDEA | 7.44 | 8 |
| IDFCFIRSTB | 55.42 | 57 |
| IEX | 167.96 | 165 |
| IGL | 193.29 | 190 |
| IIFL | 330.55 | 320 |
| INDHOTEL | 810.6 | 780 |
| INDIANB | 525.25 | 510 |
| INDIGO | 4980.55 | 4750 |
| INDUSINDBK | 692.7 | 750 |
| INDUSTOWER | 339.3 | 340 |
| INFY | 1586.55 | 1600 |
| IOC | 127.75 | 125 |
| IRB | 45.5 | 45 |
| IRCTC | 717.65 | 710 |
| IREDA | 151.87 | 142.5 |
| IRFC | 128.11 | 122.5 |
| ITC | 403.05 | 405 |
| JINDALSTEL | 925 | 900 |
| JIOFIN | 228.84 | 225 |
| JKCEMENT | 4639.65 | 4500 |
| JSL | 655.35 | 650 |
| JSWENERGY | 570.75 | 530 |
| JSWSTEEL | 1033.35 | 1010 |
| JUBLFOOD | 637.4 | 630 |
| KALYANKJIL | 453.55 | 440 |
| KEI | 3283.25 | 3200 |
| KOTAKBANK | 2021.55 | 2000 |
| KPITTECH | 1263.1 | 1260 |
| LAURUSLABS | 606.1 | 580 |
| LICHSGFIN | 549.8 | 530 |
| LICI | 776.75 | 770 |
| LODHA | 1177.45 | 1140 |
| LT | 3319.55 | 3300 |
| LTF | 146.3 | 145 |
| LTIM | 4365.45 | 4500 |
| LTTS | 4647.2 | 4600 |
| LUPIN | 2060.95 | 2000 |
| M&M | 2789.1 | 2750 |
| M&MFIN | 287.15 | 280 |
| MANAPPURAM | 213.92 | 200 |
| MARICO | 619.1 | 610 |
| MARUTI | 11615.55 | 11700 |
| MAXHEALTH | 1087.45 | 1060 |
| MCX | 5207.85 | 5100 |
| MFSL | 1102.2 | 1060 |
| MGL | 1332.5 | 1300 |
| MOTHERSON | 129.01 | 127.5 |
| MPHASIS | 2285.85 | 2300 |
| MRF | 109922.8 | 107000 |
| MUTHOOTFIN | 2416.45 | 2340 |
| NATIONALUM | 186.38 | 190 |
| NAUKRI | 6749.4 | 6700 |
| NBCC | 83.33 | 80 |
| NCC | 196.73 | 190 |
| NESTLEIND | 2184 | 2200 |
| NHPC | 80.2 | 78 |
| NMDC | 68.78 | 67 |
| NTPC | 341.3 | 335 |
| NYKAA | 164.84 | 165 |
| OBEROIRLTY | 1614.25 | 1560 |
| OFSS | 7674.85 | 7500 |
| OIL | 385.85 | 370 |
| ONGC | 232.57 | 230 |
| PAGEIND | 41252.45 | 40500 |
| PATANJALI | 1748 | 1720 |
| PAYTM | 763.1 | 720 |
| PEL | 962.35 | 940 |
| PERSISTENT | 5280.6 | 5300 |
| PETRONET | 297.5 | 290 |
| PFC | 403.9 | 400 |
| PHOENIXLTD | 1555.65 | 1600 |
| PIDILITIND | 2731.85 | 2740 |
| PIIND | 3404.95 | 3250 |
| PNB | 91.02 | 90 |
| POLICYBZR | 1555.75 | 1450 |
| POLYCAB | 5438.4 | 5100 |
| POONAWALLA | 323.6 | 300 |
| POWERGRID | 277.2 | 270 |
| PRESTIGE | 1200.75 | 1150 |
| RAMCOCEM | 855.95 | 830 |
| RBLBANK | 167.23 | 162.5 |
| RECLTD | 429.5 | 410 |
| RELIANCE | 1247.15 | 1240 |
| SAIL | 113.23 | 110 |
| SBICARD | 846.5 | 840 |
| SBILIFE | 1484.9 | 1440 |
| SBIN | 745.1 | 740 |
| SHREECEM | 28527.85 | 28000 |
| SHRIRAMFIN | 667.95 | 640 |
| SIEMENS | 5224.5 | 5000 |
| SJVN | 91.71 | 87.5 |
| SOLARINDS | 10310.8 | 10000 |
| SONACOMS | 507.95 | 500 |
| SRF | 3005.35 | 2900 |
| SUNPHARMA | 1732.35 | 1680 |
| SUPREMEIND | 3429.8 | 3500 |
| SYNGENE | 706.05 | 690 |
| TATACHEM | 833.1 | 840 |
| TATACOMM | 1561.1 | 1500 |
| TATACONSUM | 949.85 | 950 |
| TATAELXSI | 5366.3 | 5300 |
| TATAMOTORS | 682.25 | 670 |
| TATAPOWER | 371.45 | 370 |
| TATASTEEL | 158.6 | 151 |
| TATATECH | 671.3 | 650 |
| TCS | 3497.1 | 3550 |
| TECHM | 1396.15 | 1440 |
| TIINDIA | 2859.4 | 2800 |
| TITAGARH | 752.6 | 720 |
| TITAN | 3076.3 | 3100 |
| TORNTPHARM | 3191.3 | 3100 |
| TORNTPOWER | 1440.5 | 1340 |
| TRENT | 5230.85 | 5100 |
| TVSMOTOR | 2319.75 | 2300 |
| ULTRACEMCO | 10933.25 | 10500 |
| UNIONBANK | 119.68 | 117 |
| UNITDSPR | 1347.3 | 1300 |
| UPL | 646.3 | 630 |
| USDINR | 86.44 | 77.25 |
| VBL | 540.9 | 510 |
| VEDL | 460.55 | 440 |
| VOLTAS | 1495.2 | 1440 |
| WIPRO | 265.7 | 270 |
| YESBANK | 17.03 | 17 |
| ZOMATO | 223.53 | 220 |
| ZYDUSLIFE | 909.9 | 900 |
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.
