FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
15 Jul 2025 11:39 AM ISTNext Refresh in
Max Pain for FINNIFTY is 26950
Strike 22500 has a total call value of 0 versus a total put value of 249,550,275,000 Combined total value = 249,550,275,000
Strike 22600 has a total call value of 0 versus a total put value of 241,897,825,000 Combined total value = 241,897,825,000
Strike 22700 has a total call value of 0 versus a total put value of 234,245,375,000 Combined total value = 234,245,375,000
Strike 22800 has a total call value of 0 versus a total put value of 226,592,925,000 Combined total value = 226,592,925,000
Strike 22900 has a total call value of 0 versus a total put value of 218,940,475,000 Combined total value = 218,940,475,000
Strike 23000 has a total call value of 0 versus a total put value of 211,288,025,000 Combined total value = 211,288,025,000
Strike 23050 has a total call value of 0 versus a total put value of 207,645,425,000 Combined total value = 207,645,425,000
Strike 23100 has a total call value of 0 versus a total put value of 204,002,825,000 Combined total value = 204,002,825,000
Strike 23150 has a total call value of 0 versus a total put value of 200,360,225,000 Combined total value = 200,360,225,000
Strike 23200 has a total call value of 0 versus a total put value of 196,717,625,000 Combined total value = 196,717,625,000
Strike 23250 has a total call value of 0 versus a total put value of 193,075,025,000 Combined total value = 193,075,025,000
Strike 23300 has a total call value of 0 versus a total put value of 189,432,425,000 Combined total value = 189,432,425,000
Strike 23350 has a total call value of 0 versus a total put value of 185,789,825,000 Combined total value = 185,789,825,000
Strike 23400 has a total call value of 0 versus a total put value of 182,147,225,000 Combined total value = 182,147,225,000
Strike 23450 has a total call value of 0 versus a total put value of 178,504,625,000 Combined total value = 178,504,625,000
Strike 23500 has a total call value of 0 versus a total put value of 174,862,025,000 Combined total value = 174,862,025,000
Strike 23550 has a total call value of 0 versus a total put value of 171,386,150,000 Combined total value = 171,386,150,000
Strike 23600 has a total call value of 0 versus a total put value of 167,910,275,000 Combined total value = 167,910,275,000
Strike 23650 has a total call value of 0 versus a total put value of 164,434,400,000 Combined total value = 164,434,400,000
Strike 23700 has a total call value of 0 versus a total put value of 160,958,525,000 Combined total value = 160,958,525,000
Strike 23750 has a total call value of 0 versus a total put value of 157,482,650,000 Combined total value = 157,482,650,000
Strike 23800 has a total call value of 0 versus a total put value of 154,006,775,000 Combined total value = 154,006,775,000
Strike 23850 has a total call value of 0 versus a total put value of 150,530,900,000 Combined total value = 150,530,900,000
Strike 23900 has a total call value of 0 versus a total put value of 147,055,025,000 Combined total value = 147,055,025,000
Strike 23950 has a total call value of 0 versus a total put value of 143,579,150,000 Combined total value = 143,579,150,000
Strike 24000 has a total call value of 0 versus a total put value of 140,103,275,000 Combined total value = 140,103,275,000
Strike 24050 has a total call value of 0 versus a total put value of 136,788,275,000 Combined total value = 136,788,275,000
Strike 24100 has a total call value of 0 versus a total put value of 133,473,275,000 Combined total value = 133,473,275,000
Strike 24150 has a total call value of 0 versus a total put value of 130,167,375,000 Combined total value = 130,167,375,000
Strike 24200 has a total call value of 0 versus a total put value of 126,861,475,000 Combined total value = 126,861,475,000
Strike 24250 has a total call value of 0 versus a total put value of 123,555,575,000 Combined total value = 123,555,575,000
Strike 24300 has a total call value of 0 versus a total put value of 120,249,675,000 Combined total value = 120,249,675,000
Strike 24350 has a total call value of 0 versus a total put value of 116,943,775,000 Combined total value = 116,943,775,000
Strike 24400 has a total call value of 0 versus a total put value of 113,637,875,000 Combined total value = 113,637,875,000
Strike 24450 has a total call value of 0 versus a total put value of 110,351,475,000 Combined total value = 110,351,475,000
Strike 24500 has a total call value of 0 versus a total put value of 107,065,075,000 Combined total value = 107,065,075,000
Strike 24550 has a total call value of 0 versus a total put value of 104,078,650,000 Combined total value = 104,078,650,000
Strike 24600 has a total call value of 0 versus a total put value of 101,092,225,000 Combined total value = 101,092,225,000
Strike 24650 has a total call value of 0 versus a total put value of 98,108,725,000 Combined total value = 98,108,725,000
Strike 24700 has a total call value of 0 versus a total put value of 95,125,225,000 Combined total value = 95,125,225,000
Strike 24750 has a total call value of 0 versus a total put value of 92,147,900,000 Combined total value = 92,147,900,000
Strike 24800 has a total call value of 0 versus a total put value of 89,170,575,000 Combined total value = 89,170,575,000
Strike 24850 has a total call value of 0 versus a total put value of 86,201,050,000 Combined total value = 86,201,050,000
Strike 24900 has a total call value of 0 versus a total put value of 83,231,525,000 Combined total value = 83,231,525,000
Strike 24950 has a total call value of 0 versus a total put value of 80,309,125,000 Combined total value = 80,309,125,000
Strike 25000 has a total call value of 0 versus a total put value of 77,386,725,000 Combined total value = 77,386,725,000
Strike 25050 has a total call value of 0 versus a total put value of 74,843,925,000 Combined total value = 74,843,925,000
Strike 25100 has a total call value of 0 versus a total put value of 72,301,125,000 Combined total value = 72,301,125,000
Strike 25150 has a total call value of 0 versus a total put value of 69,779,125,000 Combined total value = 69,779,125,000
Strike 25200 has a total call value of 0 versus a total put value of 67,257,125,000 Combined total value = 67,257,125,000
Strike 25250 has a total call value of 0 versus a total put value of 64,746,825,000 Combined total value = 64,746,825,000
Strike 25300 has a total call value of 0 versus a total put value of 62,236,525,000 Combined total value = 62,236,525,000
Strike 25350 has a total call value of 0 versus a total put value of 59,747,675,000 Combined total value = 59,747,675,000
Strike 25400 has a total call value of 0 versus a total put value of 57,258,825,000 Combined total value = 57,258,825,000
Strike 25450 has a total call value of 0 versus a total put value of 54,779,725,000 Combined total value = 54,779,725,000
Strike 25500 has a total call value of 0 versus a total put value of 52,300,625,000 Combined total value = 52,300,625,000
Strike 25550 has a total call value of 0 versus a total put value of 50,053,250,000 Combined total value = 50,053,250,000
Strike 25600 has a total call value of 0 versus a total put value of 47,809,125,000 Combined total value = 47,809,125,000
Strike 25650 has a total call value of 0 versus a total put value of 45,573,450,000 Combined total value = 45,573,450,000
Strike 25700 has a total call value of 0 versus a total put value of 43,342,325,000 Combined total value = 43,342,325,000
Strike 25750 has a total call value of 0 versus a total put value of 41,124,850,000 Combined total value = 41,124,850,000
Strike 25800 has a total call value of 0 versus a total put value of 38,909,000,000 Combined total value = 38,909,000,000
Strike 25850 has a total call value of 0 versus a total put value of 36,720,775,000 Combined total value = 36,720,775,000
Strike 25900 has a total call value of 0 versus a total put value of 34,532,550,000 Combined total value = 34,532,550,000
Strike 25950 has a total call value of 0 versus a total put value of 32,398,600,000 Combined total value = 32,398,600,000
Strike 26000 has a total call value of 0 versus a total put value of 30,264,650,000 Combined total value = 30,264,650,000
Strike 26050 has a total call value of 0 versus a total put value of 28,391,350,000 Combined total value = 28,391,350,000
Strike 26100 has a total call value of 0 versus a total put value of 26,518,050,000 Combined total value = 26,518,050,000
Strike 26150 has a total call value of 0 versus a total put value of 24,644,750,000 Combined total value = 24,644,750,000
Strike 26200 has a total call value of 0 versus a total put value of 22,771,450,000 Combined total value = 22,771,450,000
Strike 26250 has a total call value of 0 versus a total put value of 20,944,625,000 Combined total value = 20,944,625,000
Strike 26300 has a total call value of 0 versus a total put value of 19,131,125,000 Combined total value = 19,131,125,000
Strike 26350 has a total call value of 0 versus a total put value of 17,435,925,000 Combined total value = 17,435,925,000
Strike 26400 has a total call value of 0 versus a total put value of 15,740,725,000 Combined total value = 15,740,725,000
Strike 26450 has a total call value of 2,925,000 versus a total put value of 14,090,700,000 Combined total value = 14,093,625,000
Strike 26500 has a total call value of 6,825,000 versus a total put value of 12,453,675,000 Combined total value = 12,460,500,000
Strike 26550 has a total call value of 50,700,000 versus a total put value of 11,072,100,000 Combined total value = 11,122,800,000
Strike 26600 has a total call value of 94,575,000 versus a total put value of 9,690,525,000 Combined total value = 9,785,100,000
Strike 26650 has a total call value of 146,900,000 versus a total put value of 8,370,050,000 Combined total value = 8,516,950,000
Strike 26700 has a total call value of 200,850,000 versus a total put value of 7,061,275,000 Combined total value = 7,262,125,000
Strike 26750 has a total call value of 322,725,000 versus a total put value of 5,832,125,000 Combined total value = 6,154,850,000
Strike 26800 has a total call value of 518,050,000 versus a total put value of 4,651,075,000 Combined total value = 5,169,125,000
Strike 26850 has a total call value of 865,150,000 versus a total put value of 3,655,925,000 Combined total value = 4,521,075,000
Strike 26900 has a total call value of 1,280,500,000 versus a total put value of 2,768,350,000 Combined total value = 4,048,850,000
Strike 26950 has a total call value of 1,878,500,000 versus a total put value of 2,037,750,000 Combined total value = 3,916,250,000
Strike 27000 has a total call value of 2,571,400,000 versus a total put value of 1,378,325,000 Combined total value = 3,949,725,000
Strike 27050 has a total call value of 3,741,725,000 versus a total put value of 1,059,500,000 Combined total value = 4,801,225,000
Strike 27100 has a total call value of 4,959,175,000 versus a total put value of 781,950,000 Combined total value = 5,741,125,000
Strike 27150 has a total call value of 6,299,800,000 versus a total put value of 567,125,000 Combined total value = 6,866,925,000
Strike 27200 has a total call value of 7,679,750,000 versus a total put value of 402,675,000 Combined total value = 8,082,425,000
Strike 27250 has a total call value of 9,314,825,000 versus a total put value of 299,650,000 Combined total value = 9,614,475,000
Strike 27300 has a total call value of 11,003,525,000 versus a total put value of 229,450,000 Combined total value = 11,232,975,000
Strike 27350 has a total call value of 12,799,475,000 versus a total put value of 159,250,000 Combined total value = 12,958,725,000
Strike 27400 has a total call value of 14,625,325,000 versus a total put value of 105,300,000 Combined total value = 14,730,625,000
Strike 27450 has a total call value of 16,560,700,000 versus a total put value of 51,350,000 Combined total value = 16,612,050,000
Strike 27500 has a total call value of 18,505,500,000 versus a total put value of 0 Combined total value = 18,505,500,000
Strike 27550 has a total call value of 20,938,125,000 versus a total put value of 0 Combined total value = 20,938,125,000
Strike 27600 has a total call value of 23,370,750,000 versus a total put value of 0 Combined total value = 23,370,750,000
Strike 27650 has a total call value of 25,839,125,000 versus a total put value of 0 Combined total value = 25,839,125,000
Strike 27700 has a total call value of 28,331,225,000 versus a total put value of 0 Combined total value = 28,331,225,000
Strike 27750 has a total call value of 30,881,500,000 versus a total put value of 0 Combined total value = 30,881,500,000
Strike 27800 has a total call value of 33,431,775,000 versus a total put value of 0 Combined total value = 33,431,775,000
Strike 27850 has a total call value of 35,982,050,000 versus a total put value of 0 Combined total value = 35,982,050,000
Strike 27900 has a total call value of 38,594,075,000 versus a total put value of 0 Combined total value = 38,594,075,000
Strike 27950 has a total call value of 41,250,300,000 versus a total put value of 0 Combined total value = 41,250,300,000
Strike 28000 has a total call value of 43,928,300,000 versus a total put value of 0 Combined total value = 43,928,300,000
Strike 28050 has a total call value of 47,146,775,000 versus a total put value of 0 Combined total value = 47,146,775,000
Strike 28100 has a total call value of 50,687,325,000 versus a total put value of 0 Combined total value = 50,687,325,000
Strike 28150 has a total call value of 54,227,875,000 versus a total put value of 0 Combined total value = 54,227,875,000
Strike 28200 has a total call value of 57,768,425,000 versus a total put value of 0 Combined total value = 57,768,425,000
Strike 28250 has a total call value of 61,379,825,000 versus a total put value of 0 Combined total value = 61,379,825,000
Strike 28300 has a total call value of 64,991,225,000 versus a total put value of 0 Combined total value = 64,991,225,000
Strike 28350 has a total call value of 68,665,025,000 versus a total put value of 0 Combined total value = 68,665,025,000
Strike 28400 has a total call value of 72,338,825,000 versus a total put value of 0 Combined total value = 72,338,825,000
Strike 28450 has a total call value of 76,050,325,000 versus a total put value of 0 Combined total value = 76,050,325,000
Strike 28500 has a total call value of 79,761,825,000 versus a total put value of 0 Combined total value = 79,761,825,000
Strike 28550 has a total call value of 84,066,450,000 versus a total put value of 0 Combined total value = 84,066,450,000
Strike 28600 has a total call value of 88,374,975,000 versus a total put value of 0 Combined total value = 88,374,975,000
Strike 28650 has a total call value of 92,683,500,000 versus a total put value of 0 Combined total value = 92,683,500,000
Strike 28700 has a total call value of 96,992,025,000 versus a total put value of 0 Combined total value = 96,992,025,000
Strike 28750 has a total call value of 101,300,550,000 versus a total put value of 0 Combined total value = 101,300,550,000
Strike 28800 has a total call value of 105,609,075,000 versus a total put value of 0 Combined total value = 105,609,075,000
Strike 28850 has a total call value of 109,945,225,000 versus a total put value of 0 Combined total value = 109,945,225,000
Strike 28900 has a total call value of 114,281,375,000 versus a total put value of 0 Combined total value = 114,281,375,000
Strike 28950 has a total call value of 118,626,300,000 versus a total put value of 0 Combined total value = 118,626,300,000
Strike 29000 has a total call value of 122,971,225,000 versus a total put value of 0 Combined total value = 122,971,225,000
Strike 29050 has a total call value of 127,661,300,000 versus a total put value of 0 Combined total value = 127,661,300,000
Strike 29100 has a total call value of 132,351,375,000 versus a total put value of 0 Combined total value = 132,351,375,000
Strike 29150 has a total call value of 137,048,275,000 versus a total put value of 0 Combined total value = 137,048,275,000
Strike 29200 has a total call value of 141,745,175,000 versus a total put value of 0 Combined total value = 141,745,175,000
Strike 29250 has a total call value of 146,442,075,000 versus a total put value of 0 Combined total value = 146,442,075,000
Strike 29300 has a total call value of 151,138,975,000 versus a total put value of 0 Combined total value = 151,138,975,000
Strike 29350 has a total call value of 155,860,575,000 versus a total put value of 0 Combined total value = 155,860,575,000
Strike 29400 has a total call value of 160,582,175,000 versus a total put value of 0 Combined total value = 160,582,175,000
Strike 29450 has a total call value of 165,310,600,000 versus a total put value of 0 Combined total value = 165,310,600,000
Strike 29500 has a total call value of 170,039,025,000 versus a total put value of 0 Combined total value = 170,039,025,000
Strike 29550 has a total call value of 174,904,925,000 versus a total put value of 0 Combined total value = 174,904,925,000
Strike 29600 has a total call value of 179,770,825,000 versus a total put value of 0 Combined total value = 179,770,825,000
Strike 29650 has a total call value of 184,649,725,000 versus a total put value of 0 Combined total value = 184,649,725,000
Strike 29700 has a total call value of 189,528,625,000 versus a total put value of 0 Combined total value = 189,528,625,000
Strike 29750 has a total call value of 194,424,750,000 versus a total put value of 0 Combined total value = 194,424,750,000
Strike 29800 has a total call value of 199,320,875,000 versus a total put value of 0 Combined total value = 199,320,875,000
Strike 29850 has a total call value of 204,227,400,000 versus a total put value of 0 Combined total value = 204,227,400,000
Strike 29900 has a total call value of 209,133,925,000 versus a total put value of 0 Combined total value = 209,133,925,000
Strike 29950 has a total call value of 214,040,450,000 versus a total put value of 0 Combined total value = 214,040,450,000
Strike 30000 has a total call value of 218,946,975,000 versus a total put value of 0 Combined total value = 218,946,975,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1195.5 | 1200 |
| AARTIIND | 448.9 | 455 |
| ABB | 5709 | 5900 |
| ABCAPITAL | 271.1 | 270 |
| ABFRL | 76.9 | 76 |
| ACC | 1988 | 1940 |
| ADANIENSOL | 876.15 | 880 |
| ADANIENT | 2593.8 | 2600 |
| ADANIGREEN | 1030.5 | 1000 |
| ADANIPORTS | 1444.3 | 1420 |
| ALKEM | 4906 | 4850 |
| AMBER | 7770 | 7400 |
| AMBUJACEM | 592.1 | 590 |
| ANGELONE | 2655.9 | 2700 |
| APLAPOLLO | 1715.6 | 1740 |
| APOLLOHOSP | 7250 | 7300 |
| ASHOKLEY | 250.45 | 250 |
| ASIANPAINT | 2402 | 2400 |
| ASTRAL | 1498.6 | 1500 |
| ATGL | 646.95 | 650 |
| AUBANK | 816.2 | 810 |
| AUROPHARMA | 1146.8 | 1140 |
| AXISBANK | 1170.8 | 1180 |
| BAJAJ-AUTO | 8254.5 | 8390 |
| BAJAJFINSV | 2022.4 | 2020 |
| BAJFINANCE | 922.6 | 930 |
| BALKRISIND | 2663.3 | 2580 |
| BANDHANBNK | 180.29 | 180 |
| BANKBARODA | 243.1 | 245 |
| BANKINDIA | 115.7 | 115.95 |
| BDL | 1821.5 | 1900 |
| BEL | 410.55 | 415 |
| BHARATFORG | 1227.4 | 1260 |
| BHARTIARTL | 1942 | 1960 |
| BHEL | 257.35 | 260 |
| BIOCON | 386.65 | 370 |
| BLUESTARCO | 1872.5 | 1780 |
| BOSCHLTD | 38485 | 36000 |
| BPCL | 349.8 | 340 |
| BRITANNIA | 5807.5 | 5800 |
| BSE | 2468.2 | 2600 |
| BSOFT | 427.7 | 430 |
| CAMS | 4224 | 4200 |
| CANBK | 115.58 | 114 |
| CDSL | 1684 | 1740 |
| CESC | 181.7 | 175 |
| CGPOWER | 673 | 670 |
| CHAMBLFERT | 552.25 | 560 |
| CHOLAFIN | 1546 | 1560 |
| CIPLA | 1483.3 | 1500 |
| COALINDIA | 385.75 | 395 |
| COFORGE | 1895.6 | 1880 |
| COLPAL | 2404.8 | 2400 |
| CONCOR | 616.6 | 610 |
| CROMPTON | 341.1 | 350 |
| CUMMINSIND | 3547.9 | 3400 |
| CYIENT | 1313.1 | 1300 |
| DABUR | 524.65 | 515 |
| DALBHARAT | 2169.6 | 2180 |
| DELHIVERY | 413.4 | 400 |
| DIVISLAB | 6782.5 | 6800 |
| DIXON | 15793 | 15250 |
| DLF | 840.5 | 840 |
| DMART | 4015.7 | 4100 |
| DRREDDY | 1253.9 | 1280 |
| EICHERMOT | 5634.5 | 5600 |
| ETERNAL | 266.25 | 260 |
| EXIDEIND | 386.3 | 390 |
| FEDERALBNK | 212.6 | 212.5 |
| FORTIS | 804.5 | 780 |
| GAIL | 184.39 | 190 |
| GLENMARK | 2207.4 | 2000 |
| GMRAIRPORT | 90.9 | 90 |
| GODREJCP | 1273.8 | 1260 |
| GODREJPROP | 2284.9 | 2300 |
| GRANULES | 487.65 | 490 |
| GRASIM | 2797.3 | 2800 |
| HAL | 4912 | 4900 |
| HAVELLS | 1531.9 | 1560 |
| HCLTECH | 1565.8 | 1600 |
| HDFCAMC | 5231.5 | 5100 |
| HDFCBANK | 1997.3 | 2000 |
| HDFCLIFE | 766.55 | 775 |
| HEROMOTOCO | 4419.8 | 4300 |
| HFCL | 82.58 | 85 |
| HINDALCO | 671.85 | 680 |
| HINDCOPPER | 262.5 | 265 |
| HINDPETRO | 433 | 430 |
| HINDUNILVR | 2521.8 | 2440 |
| HINDZINC | 438.8 | 450 |
| HUDCO | 234.95 | 235 |
| ICICIBANK | 1423.9 | 1430 |
| ICICIGI | 2005.9 | 2020 |
| ICICIPRULI | 672.3 | 660 |
| IDEA | 7.64 | 7 |
| IDFCFIRSTB | 72.98 | 75 |
| IEX | 207.8 | 200 |
| IGL | 219.43 | 215 |
| IIFL | 525.25 | 500 |
| INDHOTEL | 736.2 | 750 |
| INDIANB | 641.5 | 630 |
| INDIGO | 5944.5 | 5800 |
| INDUSINDBK | 880.6 | 860 |
| INDUSTOWER | 406.9 | 405 |
| INFY | 1597.7 | 1600 |
| INOXWIND | 173.44 | 175 |
| IOC | 151.2 | 150 |
| IRB | 48.52 | 49 |
| IRCTC | 772.4 | 780 |
| IREDA | 160.13 | 162.5 |
| IRFC | 135.05 | 140 |
| ITC | 421.95 | 420 |
| JINDALSTEL | 944 | 950 |
| JIOFIN | 320.5 | 320 |
| JSL | 688 | 680 |
| JSWENERGY | 530 | 510 |
| JSWSTEEL | 1037.2 | 1040 |
| JUBLFOOD | 684.35 | 690 |
| KALYANKJIL | 587.5 | 570 |
| KAYNES | 6036.5 | 6000 |
| KEI | 3813.6 | 3800 |
| KFINTECH | 1291.8 | 1300 |
| KOTAKBANK | 2219.8 | 2200 |
| KPITTECH | 1287.3 | 1280 |
| LAURUSLABS | 824 | 780 |
| LICHSGFIN | 614.15 | 610 |
| LICI | 921.95 | 930 |
| LODHA | 1437.4 | 1400 |
| LT | 3514.4 | 3560 |
| LTF | 204.56 | 200 |
| LTIM | 5265 | 5300 |
| LUPIN | 1941.9 | 1940 |
| M&M | 3144.8 | 3200 |
| M&MFIN | 265.3 | 263.5 |
| MANAPPURAM | 267.55 | 270 |
| MANKIND | 2655.5 | 2500 |
| MARICO | 731.05 | 730 |
| MARUTI | 12569 | 12600 |
| MAXHEALTH | 1261 | 1260 |
| MAZDOCK | 3108 | 3200 |
| MCX | 8292 | 8300 |
| MFSL | 1567.4 | 1600 |
| MGL | 1476.9 | 1500 |
| MOTHERSON | 157.42 | 155 |
| MPHASIS | 2886.2 | 2843 |
| MUTHOOTFIN | 2656 | 2600 |
| NATIONALUM | 190.3 | 190 |
| NAUKRI | 1386.4 | 1420 |
| NBCC | 116.22 | 115 |
| NCC | 227.7 | 225 |
| NESTLEIND | 2393.7 | 2420 |
| NHPC | 88.15 | 86 |
| NMDC | 68.27 | 70 |
| NTPC | 342.9 | 340 |
| NYKAA | 216.32 | 210 |
| OBEROIRLTY | 1832.7 | 1840 |
| OFSS | 8809.5 | 9000 |
| OIL | 445.35 | 450 |
| ONGC | 243.88 | 242.5 |
| PAGEIND | 48905 | 48000 |
| PATANJALI | 1706.3 | 1660 |
| PAYTM | 987.05 | 960 |
| PEL | 1320 | 1260 |
| PERSISTENT | 5625 | 5700 |
| PETRONET | 308.2 | 310 |
| PFC | 427.7 | 420 |
| PGEL | 805.5 | 760 |
| PHOENIXLTD | 1497.7 | 1500 |
| PIDILITIND | 2980.4 | 3000 |
| PIIND | 4121.1 | 4100 |
| PNB | 112.6 | 110 |
| PNBHOUSING | 1091 | 1100 |
| POLICYBZR | 1855 | 1850 |
| POLYCAB | 6869.5 | 6600 |
| POONAWALLA | 454.55 | 450 |
| POWERGRID | 298.2 | 300 |
| PPLPHARMA | 213.1 | 205 |
| PRESTIGE | 1763.8 | 1700 |
| RBLBANK | 265.75 | 247.5 |
| RECLTD | 401.2 | 400 |
| RELIANCE | 1491.8 | 1500 |
| RVNL | 383.45 | 390 |
| SAIL | 134.09 | 135 |
| SBICARD | 898.45 | 920 |
| SBILIFE | 1848 | 1840 |
| SBIN | 815.55 | 810 |
| SHREECEM | 30910 | 31000 |
| SHRIRAMFIN | 677.15 | 680 |
| SIEMENS | 3150.7 | 3200 |
| SJVN | 98.25 | 99 |
| SOLARINDS | 15444 | 16000 |
| SONACOMS | 457.5 | 470 |
| SRF | 3214.1 | 3200 |
| SUNPHARMA | 1716 | 1700 |
| SUPREMEIND | 4184.1 | 4300 |
| SYNGENE | 658.05 | 650 |
| TATACHEM | 935.7 | 940 |
| TATACOMM | 1723.1 | 1740 |
| TATACONSUM | 1073.6 | 1100 |
| TATAELXSI | 6378 | 6200 |
| TATAMOTORS | 681.15 | 690 |
| TATAPOWER | 402.2 | 405 |
| TATASTEEL | 159.37 | 160 |
| TATATECH | 721.45 | 720 |
| TCS | 3254 | 3300 |
| TECHM | 1583.8 | 1600 |
| TIINDIA | 2900.3 | 3000 |
| TITAGARH | 942.85 | 940 |
| TITAN | 3406.9 | 3450 |
| TORNTPHARM | 3436 | 3350 |
| TORNTPOWER | 1392.5 | 1420 |
| TRENT | 5335.5 | 5600 |
| TVSMOTOR | 2899.2 | 2860 |
| ULTRACEMCO | 12456 | 12300 |
| UNIONBANK | 147.28 | 145 |
| UNITDSPR | 1367.1 | 1400 |
| UNOMINDA | 1099.7 | 1100 |
| UPL | 674.15 | 650 |
| VBL | 465.5 | 460 |
| VEDL | 449.5 | 450 |
| VOLTAS | 1392.8 | 1340 |
| WIPRO | 258.7 | 260 |
| YESBANK | 20 | 20 |
| ZYDUSLIFE | 974.5 | 980 |
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.
