FINNIFTY
Nifty Financial Services
Max pain for FINNIFTY
20 Dec 2024 04:13 PM IST
Max Pain for FINNIFTY is 24200
Strike 20000 has a total call value of 0 versus a total put value of 1,274,813,750,000 Combined total value = 1,274,813,750,000
Strike 20100 has a total call value of 0 versus a total put value of 1,237,768,000,000 Combined total value = 1,237,768,000,000
Strike 20150 has a total call value of 0 versus a total put value of 1,219,245,125,000 Combined total value = 1,219,245,125,000
Strike 20200 has a total call value of 0 versus a total put value of 1,200,722,250,000 Combined total value = 1,200,722,250,000
Strike 20250 has a total call value of 0 versus a total put value of 1,182,199,375,000 Combined total value = 1,182,199,375,000
Strike 20300 has a total call value of 0 versus a total put value of 1,163,676,500,000 Combined total value = 1,163,676,500,000
Strike 20350 has a total call value of 0 versus a total put value of 1,145,153,625,000 Combined total value = 1,145,153,625,000
Strike 20400 has a total call value of 0 versus a total put value of 1,126,630,750,000 Combined total value = 1,126,630,750,000
Strike 20450 has a total call value of 0 versus a total put value of 1,108,107,875,000 Combined total value = 1,108,107,875,000
Strike 20500 has a total call value of 0 versus a total put value of 1,089,585,000,000 Combined total value = 1,089,585,000,000
Strike 20550 has a total call value of 0 versus a total put value of 1,071,219,875,000 Combined total value = 1,071,219,875,000
Strike 20600 has a total call value of 0 versus a total put value of 1,052,854,750,000 Combined total value = 1,052,854,750,000
Strike 20650 has a total call value of 0 versus a total put value of 1,034,489,625,000 Combined total value = 1,034,489,625,000
Strike 20700 has a total call value of 0 versus a total put value of 1,016,124,500,000 Combined total value = 1,016,124,500,000
Strike 20750 has a total call value of 0 versus a total put value of 997,759,375,000 Combined total value = 997,759,375,000
Strike 20800 has a total call value of 0 versus a total put value of 979,394,250,000 Combined total value = 979,394,250,000
Strike 20850 has a total call value of 0 versus a total put value of 961,029,125,000 Combined total value = 961,029,125,000
Strike 20900 has a total call value of 0 versus a total put value of 942,664,000,000 Combined total value = 942,664,000,000
Strike 20950 has a total call value of 0 versus a total put value of 924,298,875,000 Combined total value = 924,298,875,000
Strike 21000 has a total call value of 0 versus a total put value of 905,933,750,000 Combined total value = 905,933,750,000
Strike 21050 has a total call value of 0 versus a total put value of 887,765,000,000 Combined total value = 887,765,000,000
Strike 21100 has a total call value of 0 versus a total put value of 869,596,250,000 Combined total value = 869,596,250,000
Strike 21150 has a total call value of 0 versus a total put value of 851,572,375,000 Combined total value = 851,572,375,000
Strike 21200 has a total call value of 0 versus a total put value of 833,548,500,000 Combined total value = 833,548,500,000
Strike 21250 has a total call value of 0 versus a total put value of 815,601,625,000 Combined total value = 815,601,625,000
Strike 21300 has a total call value of 0 versus a total put value of 797,654,750,000 Combined total value = 797,654,750,000
Strike 21350 has a total call value of 0 versus a total put value of 779,848,750,000 Combined total value = 779,848,750,000
Strike 21400 has a total call value of 0 versus a total put value of 762,042,750,000 Combined total value = 762,042,750,000
Strike 21450 has a total call value of 0 versus a total put value of 744,294,375,000 Combined total value = 744,294,375,000
Strike 21500 has a total call value of 0 versus a total put value of 726,546,000,000 Combined total value = 726,546,000,000
Strike 21550 has a total call value of 0 versus a total put value of 709,033,125,000 Combined total value = 709,033,125,000
Strike 21600 has a total call value of 0 versus a total put value of 691,520,250,000 Combined total value = 691,520,250,000
Strike 21650 has a total call value of 0 versus a total put value of 674,105,875,000 Combined total value = 674,105,875,000
Strike 21700 has a total call value of 0 versus a total put value of 656,691,500,000 Combined total value = 656,691,500,000
Strike 21750 has a total call value of 0 versus a total put value of 639,360,250,000 Combined total value = 639,360,250,000
Strike 21800 has a total call value of 0 versus a total put value of 622,029,000,000 Combined total value = 622,029,000,000
Strike 21850 has a total call value of 0 versus a total put value of 604,752,750,000 Combined total value = 604,752,750,000
Strike 21900 has a total call value of 0 versus a total put value of 587,476,500,000 Combined total value = 587,476,500,000
Strike 21950 has a total call value of 0 versus a total put value of 570,264,125,000 Combined total value = 570,264,125,000
Strike 22000 has a total call value of 0 versus a total put value of 553,051,750,000 Combined total value = 553,051,750,000
Strike 22050 has a total call value of 0 versus a total put value of 536,258,875,000 Combined total value = 536,258,875,000
Strike 22100 has a total call value of 0 versus a total put value of 519,466,000,000 Combined total value = 519,466,000,000
Strike 22150 has a total call value of 0 versus a total put value of 502,774,000,000 Combined total value = 502,774,000,000
Strike 22200 has a total call value of 0 versus a total put value of 486,082,000,000 Combined total value = 486,082,000,000
Strike 22250 has a total call value of 0 versus a total put value of 469,674,750,000 Combined total value = 469,674,750,000
Strike 22300 has a total call value of 0 versus a total put value of 453,267,500,000 Combined total value = 453,267,500,000
Strike 22350 has a total call value of 0 versus a total put value of 437,230,125,000 Combined total value = 437,230,125,000
Strike 22400 has a total call value of 0 versus a total put value of 421,192,750,000 Combined total value = 421,192,750,000
Strike 22450 has a total call value of 0 versus a total put value of 405,664,875,000 Combined total value = 405,664,875,000
Strike 22500 has a total call value of 0 versus a total put value of 390,137,000,000 Combined total value = 390,137,000,000
Strike 22550 has a total call value of 0 versus a total put value of 375,692,875,000 Combined total value = 375,692,875,000
Strike 22600 has a total call value of 0 versus a total put value of 361,248,750,000 Combined total value = 361,248,750,000
Strike 22650 has a total call value of 0 versus a total put value of 347,036,125,000 Combined total value = 347,036,125,000
Strike 22700 has a total call value of 0 versus a total put value of 332,856,125,000 Combined total value = 332,856,125,000
Strike 22750 has a total call value of 0 versus a total put value of 319,005,500,000 Combined total value = 319,005,500,000
Strike 22800 has a total call value of 0 versus a total put value of 305,281,125,000 Combined total value = 305,281,125,000
Strike 22850 has a total call value of 125,000 versus a total put value of 291,947,375,000 Combined total value = 291,947,500,000
Strike 22900 has a total call value of 250,000 versus a total put value of 278,765,000,000 Combined total value = 278,765,250,000
Strike 22950 has a total call value of 375,000 versus a total put value of 265,846,500,000 Combined total value = 265,846,875,000
Strike 23000 has a total call value of 1,500,000 versus a total put value of 253,181,625,000 Combined total value = 253,183,125,000
Strike 23050 has a total call value of 45,000,000 versus a total put value of 241,616,500,000 Combined total value = 241,661,500,000
Strike 23100 has a total call value of 91,500,000 versus a total put value of 230,175,125,000 Combined total value = 230,266,625,000
Strike 23150 has a total call value of 141,500,000 versus a total put value of 219,082,250,000 Combined total value = 219,223,750,000
Strike 23200 has a total call value of 200,125,000 versus a total put value of 208,081,875,000 Combined total value = 208,282,000,000
Strike 23250 has a total call value of 273,625,000 versus a total put value of 197,310,250,000 Combined total value = 197,583,875,000
Strike 23300 has a total call value of 356,875,000 versus a total put value of 186,792,875,000 Combined total value = 187,149,750,000
Strike 23350 has a total call value of 452,750,000 versus a total put value of 176,575,750,000 Combined total value = 177,028,500,000
Strike 23400 has a total call value of 564,750,000 versus a total put value of 166,571,375,000 Combined total value = 167,136,125,000
Strike 23450 has a total call value of 707,875,000 versus a total put value of 156,809,375,000 Combined total value = 157,517,250,000
Strike 23500 has a total call value of 895,750,000 versus a total put value of 147,241,000,000 Combined total value = 148,136,750,000
Strike 23550 has a total call value of 1,175,875,000 versus a total put value of 138,287,375,000 Combined total value = 139,463,250,000
Strike 23600 has a total call value of 1,513,625,000 versus a total put value of 129,484,000,000 Combined total value = 130,997,625,000
Strike 23650 has a total call value of 2,028,250,000 versus a total put value of 121,012,875,000 Combined total value = 123,041,125,000
Strike 23700 has a total call value of 2,656,000,000 versus a total put value of 112,791,625,000 Combined total value = 115,447,625,000
Strike 23750 has a total call value of 3,455,500,000 versus a total put value of 104,927,125,000 Combined total value = 108,382,625,000
Strike 23800 has a total call value of 4,433,000,000 versus a total put value of 97,269,375,000 Combined total value = 101,702,375,000
Strike 23850 has a total call value of 5,873,625,000 versus a total put value of 90,044,000,000 Combined total value = 95,917,625,000
Strike 23900 has a total call value of 7,662,875,000 versus a total put value of 83,140,875,000 Combined total value = 90,803,750,000
Strike 23950 has a total call value of 10,001,250,000 versus a total put value of 76,656,250,000 Combined total value = 86,657,500,000
Strike 24000 has a total call value of 12,750,875,000 versus a total put value of 70,362,750,000 Combined total value = 83,113,625,000
Strike 24050 has a total call value of 16,627,750,000 versus a total put value of 64,724,625,000 Combined total value = 81,352,375,000
Strike 24100 has a total call value of 20,702,625,000 versus a total put value of 59,200,375,000 Combined total value = 79,903,000,000
Strike 24150 has a total call value of 25,114,250,000 versus a total put value of 53,980,375,000 Combined total value = 79,094,625,000
Strike 24200 has a total call value of 29,780,000,000 versus a total put value of 48,846,125,000 Combined total value = 78,626,125,000
Strike 24250 has a total call value of 35,048,250,000 versus a total put value of 43,988,500,000 Combined total value = 79,036,750,000
Strike 24300 has a total call value of 40,647,000,000 versus a total put value of 39,300,125,000 Combined total value = 79,947,125,000
Strike 24350 has a total call value of 46,746,500,000 versus a total put value of 34,865,500,000 Combined total value = 81,612,000,000
Strike 24400 has a total call value of 53,121,625,000 versus a total put value of 30,628,250,000 Combined total value = 83,749,875,000
Strike 24450 has a total call value of 59,883,125,000 versus a total put value of 26,690,750,000 Combined total value = 86,573,875,000
Strike 24500 has a total call value of 66,920,125,000 versus a total put value of 22,942,250,000 Combined total value = 89,862,375,000
Strike 24550 has a total call value of 74,904,875,000 versus a total put value of 19,629,250,000 Combined total value = 94,534,125,000
Strike 24600 has a total call value of 83,393,625,000 versus a total put value of 16,505,000,000 Combined total value = 99,898,625,000
Strike 24650 has a total call value of 92,818,250,000 versus a total put value of 13,665,000,000 Combined total value = 106,483,250,000
Strike 24700 has a total call value of 102,646,875,000 versus a total put value of 11,002,250,000 Combined total value = 113,649,125,000
Strike 24750 has a total call value of 113,286,125,000 versus a total put value of 8,761,375,000 Combined total value = 122,047,500,000
Strike 24800 has a total call value of 124,338,375,000 versus a total put value of 6,635,625,000 Combined total value = 130,974,000,000
Strike 24850 has a total call value of 136,412,500,000 versus a total put value of 5,052,250,000 Combined total value = 141,464,750,000
Strike 24900 has a total call value of 149,132,875,000 versus a total put value of 3,674,750,000 Combined total value = 152,807,625,000
Strike 24950 has a total call value of 162,541,875,000 versus a total put value of 2,671,750,000 Combined total value = 165,213,625,000
Strike 25000 has a total call value of 176,267,875,000 versus a total put value of 2,057,750,000 Combined total value = 178,325,625,000
Strike 25050 has a total call value of 192,863,500,000 versus a total put value of 1,703,375,000 Combined total value = 194,566,875,000
Strike 25100 has a total call value of 209,738,375,000 versus a total put value of 1,415,750,000 Combined total value = 211,154,125,000
Strike 25150 has a total call value of 226,959,125,000 versus a total put value of 1,178,500,000 Combined total value = 228,137,625,000
Strike 25200 has a total call value of 244,280,875,000 versus a total put value of 941,250,000 Combined total value = 245,222,125,000
Strike 25250 has a total call value of 262,019,250,000 versus a total put value of 784,375,000 Combined total value = 262,803,625,000
Strike 25300 has a total call value of 279,936,500,000 versus a total put value of 627,500,000 Combined total value = 280,564,000,000
Strike 25350 has a total call value of 298,243,875,000 versus a total put value of 470,625,000 Combined total value = 298,714,500,000
Strike 25400 has a total call value of 316,695,750,000 versus a total put value of 313,750,000 Combined total value = 317,009,500,000
Strike 25450 has a total call value of 335,380,500,000 versus a total put value of 156,875,000 Combined total value = 335,537,375,000
Strike 25500 has a total call value of 354,175,250,000 versus a total put value of 0 Combined total value = 354,175,250,000
Strike 25550 has a total call value of 374,237,625,000 versus a total put value of 0 Combined total value = 374,237,625,000
Strike 25600 has a total call value of 394,423,500,000 versus a total put value of 0 Combined total value = 394,423,500,000
Strike 25650 has a total call value of 415,030,750,000 versus a total put value of 0 Combined total value = 415,030,750,000
Strike 25700 has a total call value of 435,722,125,000 versus a total put value of 0 Combined total value = 435,722,125,000
Strike 25750 has a total call value of 457,211,125,000 versus a total put value of 0 Combined total value = 457,211,125,000
Strike 25800 has a total call value of 478,873,125,000 versus a total put value of 0 Combined total value = 478,873,125,000
Strike 25850 has a total call value of 501,333,375,000 versus a total put value of 0 Combined total value = 501,333,375,000
Strike 25900 has a total call value of 524,059,875,000 versus a total put value of 0 Combined total value = 524,059,875,000
Strike 25950 has a total call value of 547,184,375,000 versus a total put value of 0 Combined total value = 547,184,375,000
Strike 26000 has a total call value of 570,451,750,000 versus a total put value of 0 Combined total value = 570,451,750,000
Strike 26050 has a total call value of 595,849,250,000 versus a total put value of 0 Combined total value = 595,849,250,000
Strike 26100 has a total call value of 621,378,000,000 versus a total put value of 0 Combined total value = 621,378,000,000
Strike 26150 has a total call value of 647,231,000,000 versus a total put value of 0 Combined total value = 647,231,000,000
Strike 26200 has a total call value of 673,130,000,000 versus a total put value of 0 Combined total value = 673,130,000,000
Strike 26250 has a total call value of 699,705,375,000 versus a total put value of 0 Combined total value = 699,705,375,000
Strike 26300 has a total call value of 726,280,750,000 versus a total put value of 0 Combined total value = 726,280,750,000
Strike 26350 has a total call value of 753,301,125,000 versus a total put value of 0 Combined total value = 753,301,125,000
Strike 26400 has a total call value of 780,321,500,000 versus a total put value of 0 Combined total value = 780,321,500,000
Strike 26450 has a total call value of 807,855,500,000 versus a total put value of 0 Combined total value = 807,855,500,000
Strike 26500 has a total call value of 835,389,500,000 versus a total put value of 0 Combined total value = 835,389,500,000
Strike 26550 has a total call value of 863,820,000,000 versus a total put value of 0 Combined total value = 863,820,000,000
Strike 26600 has a total call value of 892,250,500,000 versus a total put value of 0 Combined total value = 892,250,500,000
Strike 26650 has a total call value of 920,879,375,000 versus a total put value of 0 Combined total value = 920,879,375,000
Strike 26700 has a total call value of 949,508,250,000 versus a total put value of 0 Combined total value = 949,508,250,000
Strike 26750 has a total call value of 979,222,375,000 versus a total put value of 0 Combined total value = 979,222,375,000
Strike 26800 has a total call value of 1,008,936,500,000 versus a total put value of 0 Combined total value = 1,008,936,500,000
Strike 26850 has a total call value of 1,038,836,125,000 versus a total put value of 0 Combined total value = 1,038,836,125,000
Strike 26900 has a total call value of 1,068,735,750,000 versus a total put value of 0 Combined total value = 1,068,735,750,000
Strike 26950 has a total call value of 1,098,769,000,000 versus a total put value of 0 Combined total value = 1,098,769,000,000
Strike 27000 has a total call value of 1,128,802,250,000 versus a total put value of 0 Combined total value = 1,128,802,250,000
Strike 27050 has a total call value of 1,160,192,250,000 versus a total put value of 0 Combined total value = 1,160,192,250,000
Strike 27100 has a total call value of 1,191,582,250,000 versus a total put value of 0 Combined total value = 1,191,582,250,000
Strike 27150 has a total call value of 1,223,376,625,000 versus a total put value of 0 Combined total value = 1,223,376,625,000
Strike 27200 has a total call value of 1,255,171,000,000 versus a total put value of 0 Combined total value = 1,255,171,000,000
Strike 27250 has a total call value of 1,287,220,750,000 versus a total put value of 0 Combined total value = 1,287,220,750,000
Strike 27300 has a total call value of 1,319,270,500,000 versus a total put value of 0 Combined total value = 1,319,270,500,000
Strike 27350 has a total call value of 1,351,351,250,000 versus a total put value of 0 Combined total value = 1,351,351,250,000
Strike 27400 has a total call value of 1,383,432,000,000 versus a total put value of 0 Combined total value = 1,383,432,000,000
Strike 27450 has a total call value of 1,415,539,875,000 versus a total put value of 0 Combined total value = 1,415,539,875,000
Strike 27500 has a total call value of 1,447,647,750,000 versus a total put value of 0 Combined total value = 1,447,647,750,000
Strike 27550 has a total call value of 1,480,553,125,000 versus a total put value of 0 Combined total value = 1,480,553,125,000
Strike 27600 has a total call value of 1,513,458,500,000 versus a total put value of 0 Combined total value = 1,513,458,500,000
Strike 27650 has a total call value of 1,546,363,875,000 versus a total put value of 0 Combined total value = 1,546,363,875,000
Strike 27700 has a total call value of 1,579,269,250,000 versus a total put value of 0 Combined total value = 1,579,269,250,000
Strike 27750 has a total call value of 1,612,174,625,000 versus a total put value of 0 Combined total value = 1,612,174,625,000
Strike 27800 has a total call value of 1,645,080,000,000 versus a total put value of 0 Combined total value = 1,645,080,000,000
Strike 27850 has a total call value of 1,677,985,375,000 versus a total put value of 0 Combined total value = 1,677,985,375,000
Strike 27900 has a total call value of 1,710,890,750,000 versus a total put value of 0 Combined total value = 1,710,890,750,000
Strike 27950 has a total call value of 1,743,796,125,000 versus a total put value of 0 Combined total value = 1,743,796,125,000
Strike 28000 has a total call value of 1,776,701,500,000 versus a total put value of 0 Combined total value = 1,776,701,500,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 403.85 | 450 |
| ABB | 6921.25 | 7300 |
| ABBOTINDIA | 28655.35 | 28000 |
| ABCAPITAL | 186.21 | 200 |
| ABFRL | 282.2 | 300 |
| ACC | 2063.65 | 2260 |
| ADANIENSOL | 767.55 | 800 |
| ADANIENT | 2344.95 | 2500 |
| ADANIGREEN | 1034.35 | 1120 |
| ADANIPORTS | 1182.45 | 1240 |
| ALKEM | 5427.5 | 5500 |
| AMBUJACEM | 548.8 | 560 |
| ANGELONE | 2881.7 | 3100 |
| APLAPOLLO | 1559 | 1600 |
| APOLLOHOSP | 7251.7 | 7200 |
| APOLLOTYRE | 531.95 | 530 |
| ASHOKLEY | 217.28 | 225 |
| ASIANPAINT | 2282.35 | 2400 |
| ASTRAL | 1734.6 | 1820 |
| ATGL | 674.35 | 720 |
| ATUL | 7023.15 | 7300 |
| AUBANK | 537.6 | 570 |
| AUROPHARMA | 1241.7 | 1240 |
| AXISBANK | 1071.85 | 1120 |
| BAJAJ-AUTO | 8787.25 | 9000 |
| BAJAJFINSV | 1569.65 | 1640 |
| BAJFINANCE | 6848.25 | 7000 |
| BALKRISIND | 2790.05 | 2800 |
| BANDHANBNK | 159.05 | 170 |
| BANKBARODA | 240.59 | 250 |
| BANKINDIA | 103.03 | 110 |
| BATAINDIA | 1342.25 | 1400 |
| BEL | 290.85 | 310 |
| BERGEPAINT | 444.8 | 465 |
| BHARATFORG | 1278.9 | 1340 |
| BHARTIARTL | 1578.1 | 1600 |
| BHEL | 235.3 | 250 |
| BIOCON | 335.95 | 355 |
| BOSCHLTD | 34576.95 | 35000 |
| BPCL | 289.05 | 295 |
| BRITANNIA | 4698.1 | 4800 |
| BSE | 5542.85 | 5300 |
| BSOFT | 577 | 600 |
| CAMS | 4951 | 5100 |
| CANBK | 99.61 | 104 |
| CANFINHOME | 747.7 | 790 |
| CDSL | 1860.75 | 1860 |
| CESC | 182.74 | 190 |
| CGPOWER | 730.05 | 760 |
| CHAMBLFERT | 509.15 | 520 |
| CHOLAFIN | 1189.55 | 1260 |
| CIPLA | 1472.05 | 1480 |
| COALINDIA | 382 | 414.25 |
| COFORGE | 9370.45 | 9200 |
| COLPAL | 2750.85 | 2850 |
| CONCOR | 767.95 | 830 |
| COROMANDEL | 1839.3 | 1800 |
| CROMPTON | 388.25 | 405 |
| CUB | 175.42 | 180 |
| CUMMINSIND | 3312.9 | 3450 |
| CYIENT | 1924.4 | 2000 |
| DABUR | 502.55 | 510 |
| DALBHARAT | 1801.9 | 1880 |
| DEEPAKNTR | 2596.85 | 2700 |
| DELHIVERY | 349.6 | 365 |
| DIVISLAB | 5846.75 | 6000 |
| DIXON | 17944.9 | 18000 |
| DLF | 830.7 | 850 |
| DMART | 3408.3 | 3600 |
| DRREDDY | 1343.65 | 1300 |
| EICHERMOT | 4734.5 | 4800 |
| ESCORTS | 3162.05 | 3350 |
| EXIDEIND | 426.3 | 450 |
| FEDERALBNK | 194.46 | 205 |
| GAIL | 192.42 | 200 |
| GLENMARK | 1541.65 | 1520 |
| GMRAIRPORT | 78.82 | 85 |
| GMRINFRA | 0 | 36 |
| GNFC | 583.8 | 610 |
| GODREJCP | 1069.6 | 1120 |
| GODREJPROP | 2855.95 | 2900 |
| GRANULES | 592.4 | 580 |
| GRASIM | 2488.7 | 2620 |
| GUJGASLTD | 499.8 | 500 |
| HAL | 4190.2 | 4500 |
| HAVELLS | 1657.4 | 1720 |
| HCLTECH | 1911.35 | 1900 |
| HDFCAMC | 4262.8 | 4400 |
| HDFCBANK | 1771.5 | 1800 |
| HDFCLIFE | 623.8 | 640 |
| HEROMOTOCO | 4339.95 | 4600 |
| HFCL | 113.35 | 120 |
| HINDALCO | 622.65 | 650 |
| HINDCOPPER | 271.5 | 290 |
| HINDPETRO | 399.5 | 400 |
| HINDUNILVR | 2333.9 | 2400 |
| HUDCO | 242.11 | 245 |
| ICICIBANK | 1288.4 | 1300 |
| ICICIGI | 1902.15 | 1920 |
| ICICIPRULI | 653.9 | 670 |
| IDEA | 7.4 | 8 |
| IDFCFIRSTB | 61.68 | 65 |
| IEX | 177.45 | 182.5 |
| IGL | 388.3 | 370 |
| INDHOTEL | 854.1 | 850 |
| INDIAMART | 2249.95 | 2350 |
| INDIANB | 537.15 | 580 |
| INDIGO | 4395.6 | 4400 |
| INDUSINDBK | 929.45 | 980 |
| INDUSTOWER | 337.1 | 350 |
| INFY | 1922.15 | 1920 |
| IOC | 137.08 | 142.5 |
| IPCALAB | 1582.5 | 1560 |
| IRB | 55.09 | 57 |
| IRCTC | 784.25 | 830 |
| IRFC | 148.41 | 155 |
| ITC | 464.65 | 470 |
| JINDALSTEL | 908.05 | 940 |
| JIOFIN | 304.3 | 325 |
| JKCEMENT | 4517.8 | 4600 |
| JSL | 719.8 | 730 |
| JSWENERGY | 669.8 | 660 |
| JSWSTEEL | 917.35 | 950 |
| JUBLFOOD | 672.7 | 670 |
| KALYANKJIL | 719.2 | 740 |
| KEI | 4166.25 | 4400 |
| KOTAKBANK | 1743.55 | 1780 |
| KPITTECH | 1451.25 | 1500 |
| LALPATHLAB | 2946.25 | 3050 |
| LAURUSLABS | 559.2 | 570 |
| LICHSGFIN | 582.25 | 620 |
| LICI | 901.7 | 940 |
| LODHA | 1400.7 | 1440 |
| LT | 3629.85 | 3750 |
| LTF | 136.48 | 145 |
| LTIM | 5824.3 | 6150 |
| LTTS | 4828.5 | 5200 |
| LUPIN | 2150.7 | 2100 |
| M&M | 2906.35 | 3000 |
| M&MFIN | 266.05 | 275 |
| MANAPPURAM | 181.03 | 180 |
| MARICO | 627.95 | 630 |
| MARUTI | 10901.05 | 11100 |
| MAXHEALTH | 1165.2 | 1140 |
| MCX | 6397.4 | 6500 |
| METROPOLIS | 2058.05 | 2120 |
| MFSL | 1109.2 | 1140 |
| MGL | 1215.3 | 1260 |
| MOTHERSON | 156.06 | 165 |
| MPHASIS | 2950.6 | 3100 |
| MRF | 128057.9 | 130000 |
| MUTHOOTFIN | 2075.65 | 2060 |
| NATIONALUM | 215.36 | 232.5 |
| NAUKRI | 8494.95 | 8600 |
| NAVINFLUOR | 3305.85 | 3500 |
| NCC | 287.55 | 300 |
| NESTLEIND | 2163.5 | 2220 |
| NHPC | 81.47 | 85 |
| NMDC | 213.15 | 230 |
| NTPC | 333.25 | 350 |
| NYKAA | 167.33 | 170 |
| OBEROIRLTY | 2247.8 | 2200 |
| OFSS | 12247.55 | 12500 |
| OIL | 421.8 | 450 |
| ONGC | 237.1 | 250 |
| PAGEIND | 48856.35 | 48500 |
| PAYTM | 945.25 | 980 |
| PEL | 1093.7 | 1160 |
| PERSISTENT | 6368.7 | 6400 |
| PETRONET | 336.45 | 340 |
| PFC | 453.3 | 480 |
| PIDILITIND | 2976.8 | 3080 |
| PIIND | 3813.75 | 4000 |
| PNB | 100.77 | 105 |
| POLICYBZR | 2092.15 | 2000 |
| POLYCAB | 7178.25 | 7300 |
| POONAWALLA | 318.85 | 340 |
| POWERGRID | 315.8 | 325 |
| PRESTIGE | 1794.5 | 1800 |
| PVRINOX | 1382.1 | 1520 |
| RAMCOCEM | 986.1 | 1010 |
| RBLBANK | 152.79 | 160 |
| RECLTD | 513.25 | 530 |
| RELIANCE | 1205.3 | 1280 |
| SAIL | 116.1 | 125 |
| SBICARD | 687 | 710 |
| SBILIFE | 1400.6 | 1420 |
| SBIN | 812 | 840 |
| SHREECEM | 27063.5 | 27000 |
| SHRIRAMFIN | 2877.25 | 3000 |
| SIEMENS | 6868.9 | 7300 |
| SJVN | 111.54 | 117.5 |
| SONACOMS | 588.45 | 620 |
| SRF | 2277.6 | 2300 |
| SUNPHARMA | 1808.85 | 1800 |
| SUNTV | 696.85 | 730 |
| SUPREMEIND | 4839.8 | 4900 |
| SYNGENE | 844 | 860 |
| TATACHEM | 1028.85 | 1080 |
| TATACOMM | 1710.45 | 1800 |
| TATACONSUM | 889.45 | 930 |
| TATAELXSI | 6921.6 | 7200 |
| TATAMOTORS | 724.05 | 770 |
| TATAPOWER | 401.1 | 420 |
| TATASTEEL | 140.68 | 147.5 |
| TCS | 4170.3 | 4300 |
| TECHM | 1686.05 | 1740 |
| TIINDIA | 3619.1 | 3700 |
| TITAN | 3356.25 | 3400 |
| TORNTPHARM | 3437 | 3400 |
| TRENT | 6831.55 | 6900 |
| TVSMOTOR | 2391.65 | 2500 |
| UBL | 2025.35 | 2000 |
| ULTRACEMCO | 11422.8 | 11500 |
| UNIONBANK | 116.78 | 125 |
| UNITDSPR | 1544.8 | 1540 |
| UPL | 504.5 | 537.2 |
| VBL | 612.55 | 630 |
| VEDL | 477.25 | 490 |
| VOLTAS | 1686.5 | 1740 |
| WIPRO | 305.2 | 302.5 |
| YESBANK | 19.83 | 21 |
| ZOMATO | 282.1 | 285 |
| ZYDUSLIFE | 973.5 | 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.
