GAIL
Gail (India) Ltd
Max pain for GAIL
17 Feb 2025 04:11 PM IST
Max Pain for GAIL is 166
Strike 133.5 has a total call value of 0 versus a total put value of 86,304,337,500 Combined total value = 86,304,337,500
Strike 135 has a total call value of 0 versus a total put value of 82,446,225,000 Combined total value = 82,446,225,000
Strike 136 has a total call value of 0 versus a total put value of 79,874,150,000 Combined total value = 79,874,150,000
Strike 137.5 has a total call value of 0 versus a total put value of 76,016,037,500 Combined total value = 76,016,037,500
Strike 138.5 has a total call value of 0 versus a total put value of 73,443,962,500 Combined total value = 73,443,962,500
Strike 140 has a total call value of 0 versus a total put value of 69,585,850,000 Combined total value = 69,585,850,000
Strike 141 has a total call value of 0 versus a total put value of 67,044,560,000 Combined total value = 67,044,560,000
Strike 142.5 has a total call value of 0 versus a total put value of 63,232,625,000 Combined total value = 63,232,625,000
Strike 143.5 has a total call value of 0 versus a total put value of 60,691,335,000 Combined total value = 60,691,335,000
Strike 145 has a total call value of 0 versus a total put value of 57,014,760,000 Combined total value = 57,014,760,000
Strike 146 has a total call value of 0 versus a total put value of 54,617,055,000 Combined total value = 54,617,055,000
Strike 147.5 has a total call value of 0 versus a total put value of 51,100,515,000 Combined total value = 51,100,515,000
Strike 148.5 has a total call value of 0 versus a total put value of 48,766,495,000 Combined total value = 48,766,495,000
Strike 150 has a total call value of 0 versus a total put value of 45,511,157,500 Combined total value = 45,511,157,500
Strike 151 has a total call value of 11,045,000 versus a total put value of 43,436,342,500 Combined total value = 43,447,387,500
Strike 152.5 has a total call value of 37,482,500 versus a total put value of 40,433,747,500 Combined total value = 40,471,230,000
Strike 153.5 has a total call value of 59,337,500 versus a total put value of 38,487,712,500 Combined total value = 38,547,050,000
Strike 155 has a total call value of 142,527,500 versus a total put value of 35,701,200,000 Combined total value = 35,843,727,500
Strike 156 has a total call value of 226,187,500 versus a total put value of 33,937,055,000 Combined total value = 34,163,242,500
Strike 157.5 has a total call value of 381,640,000 versus a total put value of 31,403,637,500 Combined total value = 31,785,277,500
Strike 158.5 has a total call value of 520,525,000 versus a total put value of 29,782,137,500 Combined total value = 30,302,662,500
Strike 160 has a total call value of 798,647,500 versus a total put value of 27,570,200,000 Combined total value = 28,368,847,500
Strike 161 has a total call value of 1,108,612,500 versus a total put value of 26,201,090,000 Combined total value = 27,309,702,500
Strike 162.5 has a total call value of 1,686,360,000 versus a total put value of 24,314,510,000 Combined total value = 26,000,870,000
Strike 163.5 has a total call value of 2,178,450,000 versus a total put value of 23,109,195,000 Combined total value = 25,287,645,000
Strike 165 has a total call value of 3,222,555,000 versus a total put value of 21,586,042,500 Combined total value = 24,808,597,500
Strike 166 has a total call value of 4,168,195,000 versus a total put value of 20,620,427,500 Combined total value = 24,788,622,500
Strike 167.5 has a total call value of 5,866,187,500 versus a total put value of 19,270,000,000 Combined total value = 25,136,187,500
Strike 168.5 has a total call value of 7,118,737,500 versus a total put value of 18,392,510,000 Combined total value = 25,511,247,500
Strike 170 has a total call value of 9,341,250,000 versus a total put value of 17,238,777,500 Combined total value = 26,580,027,500
Strike 171 has a total call value of 11,016,800,000 versus a total put value of 16,501,582,500 Combined total value = 27,518,382,500
Strike 172.5 has a total call value of 13,765,242,500 versus a total put value of 15,455,010,000 Combined total value = 29,220,252,500
Strike 173.5 has a total call value of 15,655,347,500 versus a total put value of 14,774,215,000 Combined total value = 30,429,562,500
Strike 175 has a total call value of 19,107,380,000 versus a total put value of 13,937,732,500 Combined total value = 33,045,112,500
Strike 176 has a total call value of 21,524,590,000 versus a total put value of 13,419,557,500 Combined total value = 34,944,147,500
Strike 177.5 has a total call value of 25,373,890,000 versus a total put value of 12,669,790,000 Combined total value = 38,043,680,000
Strike 178.5 has a total call value of 28,004,245,000 versus a total put value of 12,169,945,000 Combined total value = 40,174,190,000
Strike 180 has a total call value of 32,212,390,000 versus a total put value of 11,458,600,000 Combined total value = 43,670,990,000
Strike 181 has a total call value of 35,136,495,000 versus a total put value of 10,984,370,000 Combined total value = 46,120,865,000
Strike 182.5 has a total call value of 39,627,345,000 versus a total put value of 10,273,025,000 Combined total value = 49,900,370,000
Strike 183.5 has a total call value of 42,621,245,000 versus a total put value of 9,799,500,000 Combined total value = 52,420,745,000
Strike 185 has a total call value of 47,542,145,000 versus a total put value of 9,153,367,500 Combined total value = 56,695,512,500
Strike 186 has a total call value of 50,822,745,000 versus a total put value of 8,722,612,500 Combined total value = 59,545,357,500
Strike 187.5 has a total call value of 55,840,582,500 versus a total put value of 8,076,480,000 Combined total value = 63,917,062,500
Strike 188.5 has a total call value of 59,185,807,500 versus a total put value of 7,645,725,000 Combined total value = 66,831,532,500
Strike 190 has a total call value of 64,370,377,500 versus a total put value of 6,999,592,500 Combined total value = 71,369,970,000
Strike 191 has a total call value of 67,826,757,500 versus a total put value of 6,568,837,500 Combined total value = 74,395,595,000
Strike 192.5 has a total call value of 73,038,117,500 versus a total put value of 5,922,705,000 Combined total value = 78,960,822,500
Strike 193.5 has a total call value of 76,512,357,500 versus a total put value of 5,491,950,000 Combined total value = 82,004,307,500
Strike 195 has a total call value of 82,285,602,500 versus a total put value of 5,044,980,000 Combined total value = 87,330,582,500
Strike 196 has a total call value of 86,134,432,500 versus a total put value of 4,747,000,000 Combined total value = 90,881,432,500
Strike 197.5 has a total call value of 91,907,677,500 versus a total put value of 4,300,030,000 Combined total value = 96,207,707,500
Strike 198.5 has a total call value of 95,756,507,500 versus a total put value of 4,002,050,000 Combined total value = 99,758,557,500
Strike 200 has a total call value of 101,606,950,000 versus a total put value of 3,555,080,000 Combined total value = 105,162,030,000
Strike 201 has a total call value of 105,519,935,000 versus a total put value of 3,257,100,000 Combined total value = 108,777,035,000
Strike 202.5 has a total call value of 111,389,412,500 versus a total put value of 2,810,130,000 Combined total value = 114,199,542,500
Strike 203.5 has a total call value of 115,302,397,500 versus a total put value of 2,512,150,000 Combined total value = 117,814,547,500
Strike 205 has a total call value of 121,357,642,500 versus a total put value of 2,204,417,500 Combined total value = 123,562,060,000
Strike 206 has a total call value of 125,394,472,500 versus a total put value of 1,999,262,500 Combined total value = 127,393,735,000
Strike 207.5 has a total call value of 131,449,717,500 versus a total put value of 1,691,530,000 Combined total value = 133,141,247,500
Strike 208.5 has a total call value of 135,486,547,500 versus a total put value of 1,486,375,000 Combined total value = 136,972,922,500
Strike 210 has a total call value of 141,541,792,500 versus a total put value of 1,198,735,000 Combined total value = 142,740,527,500
Strike 211 has a total call value of 145,578,622,500 versus a total put value of 1,006,975,000 Combined total value = 146,585,597,500
Strike 212.5 has a total call value of 151,633,867,500 versus a total put value of 719,335,000 Combined total value = 152,353,202,500
Strike 213.5 has a total call value of 155,670,697,500 versus a total put value of 527,575,000 Combined total value = 156,198,272,500
Strike 215 has a total call value of 161,877,165,000 versus a total put value of 369,302,500 Combined total value = 162,246,467,500
Strike 216 has a total call value of 166,014,810,000 versus a total put value of 263,787,500 Combined total value = 166,278,597,500
Strike 217.5 has a total call value of 172,221,277,500 versus a total put value of 105,515,000 Combined total value = 172,326,792,500
Strike 218.5 has a total call value of 176,358,922,500 versus a total put value of 0 Combined total value = 176,358,922,500
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 418.3 | 440 |
ABB | 5241.9 | 5400 |
ABBOTINDIA | 28569.5 | 28000 |
ABCAPITAL | 153.97 | 170 |
ABFRL | 255.55 | 265 |
ACC | 1911.5 | 2040 |
ADANIENSOL | 702 | 740 |
ADANIENT | 2223.7 | 2340 |
ADANIGREEN | 890.35 | 900 |
ADANIPORTS | 1082.9 | 1100 |
ALKEM | 4794.3 | 4800 |
AMBUJACEM | 488.3 | 505 |
ANGELONE | 2211.6 | 2300 |
APLAPOLLO | 1333.75 | 1440 |
APOLLOHOSP | 6300.2 | 6400 |
APOLLOTYRE | 416.3 | 420 |
ASHOKLEY | 223.61 | 217.5 |
ASIANPAINT | 2250.85 | 2280 |
ASTRAL | 1384.5 | 1440 |
ATGL | 574.45 | 600 |
ATUL | 5402.85 | 5600 |
AUBANK | 522.05 | 550 |
AUROPHARMA | 1169.6 | 1180 |
AXISBANK | 992.95 | 1000 |
BAJAJ-AUTO | 8537.15 | 8800 |
BAJAJFINSV | 1894.85 | 1820 |
BAJFINANCE | 8426.6 | 8200 |
BALKRISIND | 2670.55 | 2700 |
BANDHANBNK | 132.82 | 150 |
BANKBARODA | 206.96 | 220 |
BANKINDIA | 99.03 | 100 |
BATAINDIA | 1296.3 | 1340 |
BEL | 248.5 | 265 |
BERGEPAINT | 483.7 | 480 |
BHARATFORG | 1082.65 | 1100 |
BHARTIARTL | 1675.55 | 1680 |
BHEL | 193.47 | 200 |
BIOCON | 347.55 | 360 |
BOSCHLTD | 26911.25 | 29000 |
BPCL | 252.3 | 260 |
BRITANNIA | 4963.7 | 4950 |
BSE | 5208.7 | 5300 |
BSOFT | 477.5 | 500 |
CAMS | 3381.8 | 3500 |
CANBK | 85.09 | 91 |
CANFINHOME | 608.85 | 640 |
CDSL | 1206.95 | 1240 |
CESC | 125.92 | 130 |
CGPOWER | 583 | 590 |
CHAMBLFERT | 542.8 | 530 |
CHOLAFIN | 1356.95 | 1340 |
CIPLA | 1474.65 | 1460 |
COALINDIA | 360.1 | 375 |
COFORGE | 7683.95 | 8100 |
COLPAL | 2462.4 | 2560 |
CONCOR | 703.35 | 740 |
COROMANDEL | 1707.55 | 1800 |
CROMPTON | 332.6 | 345 |
CUB | 160.85 | 165 |
CUMMINSIND | 2721.45 | 2800 |
CYIENT | 1439.3 | 1420 |
DABUR | 520.55 | 530 |
DALBHARAT | 1808.15 | 1820 |
DEEPAKNTR | 1898.5 | 2000 |
DELHIVERY | 267.35 | 280 |
DIVISLAB | 5923.75 | 5950 |
DIXON | 14199.5 | 14500 |
DLF | 674.75 | 700 |
DMART | 3621.5 | 3750 |
DRREDDY | 1198.95 | 1200 |
EICHERMOT | 4745.2 | 4950 |
ESCORTS | 2972.15 | 3150 |
EXIDEIND | 361.8 | 375 |
FEDERALBNK | 181.54 | 185 |
GAIL | 160.17 | 166 |
GLENMARK | 1373.8 | 1380 |
GMRAIRPORT | 70.26 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 557.1 | 560 |
GODREJCP | 1039.25 | 1070 |
GODREJPROP | 1974.05 | 2100 |
GRANULES | 522.25 | 540 |
GRASIM | 2463.85 | 2500 |
GUJGASLTD | 391.45 | 415 |
HAL | 3475.7 | 3650 |
HAVELLS | 1532.55 | 1560 |
HCLTECH | 1709.9 | 1720 |
HDFCAMC | 3730.55 | 3800 |
HDFCBANK | 1717.35 | 1700 |
HDFCLIFE | 623.25 | 630 |
HEROMOTOCO | 3876.45 | 4050 |
HFCL | 87.03 | 95 |
HINDALCO | 610.85 | 600 |
HINDCOPPER | 215.33 | 235 |
HINDPETRO | 318.1 | 330 |
HINDUNILVR | 2329.4 | 2380 |
HUDCO | 183.21 | 195 |
ICICIBANK | 1251.15 | 1250 |
ICICIGI | 1725.05 | 1800 |
ICICIPRULI | 575.2 | 600 |
IDEA | 8.27 | 9 |
IDFCFIRSTB | 61.5 | 62 |
IEX | 167.21 | 172.5 |
IGL | 190.25 | 195 |
INDHOTEL | 721.65 | 750 |
INDIAMART | 2102.4 | 2120 |
INDIANB | 517.55 | 530 |
INDIGO | 4303 | 4300 |
INDUSINDBK | 1048.25 | 1040 |
INDUSTOWER | 339.3 | 355 |
INFY | 1842.3 | 1880 |
IOC | 118.45 | 125 |
IPCALAB | 1476.75 | 1480 |
IRB | 47.7 | 49 |
IRCTC | 725.45 | 760 |
IRFC | 121.78 | 130 |
ITC | 408.6 | 420 |
JINDALSTEL | 837.65 | 840 |
JIOFIN | 222.45 | 235 |
JKCEMENT | 4637.9 | 4800 |
JSL | 590.3 | 610 |
JSWENERGY | 431.5 | 460 |
JSWSTEEL | 973.55 | 960 |
JUBLFOOD | 681.65 | 680 |
KALYANKJIL | 507.05 | 500 |
KEI | 3447.25 | 3500 |
KOTAKBANK | 1945.3 | 1920 |
KPITTECH | 1310.4 | 1400 |
LALPATHLAB | 2629.5 | 2800 |
LAURUSLABS | 555.5 | 580 |
LICHSGFIN | 538.5 | 570 |
LICI | 765.15 | 800 |
LODHA | 1167.8 | 1200 |
LT | 3221.85 | 3350 |
LTF | 136.04 | 145 |
LTIM | 5472.6 | 5700 |
LTTS | 4816.9 | 5100 |
LUPIN | 2026.95 | 2040 |
M&M | 2831.95 | 2950 |
M&MFIN | 276.85 | 280 |
MANAPPURAM | 193.29 | 195 |
MARICO | 624.75 | 640 |
MARUTI | 12762.9 | 12700 |
MAXHEALTH | 1014.65 | 1020 |
MCX | 5550.5 | 5700 |
METROPOLIS | 1680.35 | 1740 |
MFSL | 1065.65 | 1100 |
MGL | 1277.4 | 1320 |
MOTHERSON | 124.79 | 130 |
MPHASIS | 2591.35 | 2700 |
MRF | 109984 | 110000 |
MUTHOOTFIN | 2243.9 | 2260 |
NATIONALUM | 180.74 | 186 |
NAUKRI | 7338.9 | 7700 |
NAVINFLUOR | 4108.1 | 4100 |
NBCC | 82.02 | 85 |
NCC | 190.8 | 200 |
NESTLEIND | 2216.5 | 2220 |
NHPC | 73.21 | 74 |
NMDC | 62.56 | 65 |
NTPC | 302.35 | 310 |
NYKAA | 173.49 | 170 |
OBEROIRLTY | 1590.25 | 1620 |
OFSS | 8797.15 | 9000 |
OIL | 400.55 | 410 |
ONGC | 233.65 | 240 |
PAGEIND | 40921.4 | 43000 |
PAYTM | 733 | 740 |
PEL | 926.05 | 1000 |
PERSISTENT | 5531.3 | 5800 |
PETRONET | 284.9 | 295 |
PFC | 372.35 | 400 |
PHOENIXLTD | 1545.05 | 1600 |
PIDILITIND | 2781.7 | 2860 |
PIIND | 3118.6 | 3300 |
PNB | 93.18 | 97 |
POLICYBZR | 1494.35 | 1600 |
POLYCAB | 5414.2 | 5600 |
POONAWALLA | 285.3 | 300 |
POWERGRID | 263.2 | 265 |
PRESTIGE | 1240.4 | 1300 |
PVRINOX | 1006.55 | 1060 |
RAMCOCEM | 860.75 | 880 |
RBLBANK | 155.8 | 162.5 |
RECLTD | 389.1 | 420 |
RELIANCE | 1224.9 | 1250 |
SAIL | 105.33 | 107.5 |
SBICARD | 853.1 | 840 |
SBILIFE | 1476.2 | 1460 |
SBIN | 727.7 | 750 |
SHREECEM | 28309.15 | 28000 |
SHRIRAMFIN | 550.35 | 550 |
SIEMENS | 4859.3 | 5100 |
SJVN | 88.62 | 90 |
SOLARINDS | 8619.35 | 9000 |
SONACOMS | 487.3 | 510 |
SRF | 2747.8 | 2800 |
SUNPHARMA | 1714.2 | 1720 |
SUNTV | 585.3 | 600 |
SUPREMEIND | 3627.8 | 3800 |
SYNGENE | 700.9 | 730 |
TATACHEM | 854.5 | 920 |
TATACOMM | 1507.45 | 1600 |
TATACONSUM | 1023.25 | 1020 |
TATAELXSI | 6146.85 | 6200 |
TATAMOTORS | 686.6 | 700 |
TATAPOWER | 337.2 | 360 |
TATASTEEL | 134.29 | 135 |
TCS | 3904.5 | 4000 |
TECHM | 1664.95 | 1680 |
TIINDIA | 2603.6 | 2750 |
TITAN | 3233.2 | 3300 |
TORNTPHARM | 3078 | 3100 |
TORNTPOWER | 1239.35 | 1300 |
TRENT | 5096.45 | 5300 |
TVSMOTOR | 2365.7 | 2500 |
UBL | 2028.15 | 2040 |
ULTRACEMCO | 11490.1 | 11400 |
UNIONBANK | 109.01 | 110 |
UNITDSPR | 1349.7 | 1400 |
UPL | 632.2 | 610 |
VBL | 474.55 | 510 |
VEDL | 415.15 | 430 |
VOLTAS | 1241.6 | 1300 |
WIPRO | 305.35 | 307.5 |
YESBANK | 17.66 | 19 |
ZOMATO | 218.53 | 220 |
ZYDUSLIFE | 923.9 | 950 |
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.