GMRAIRPORT
Gmr Airports Limited
Max pain for GMRAIRPORT
12 May 2025 10:53 AM IST
Max Pain for GMRAIRPORT is 87
Strike 64 has a total call value of 0 versus a total put value of 58,349,812,500 Combined total value = 58,349,812,500
Strike 65 has a total call value of 0 versus a total put value of 55,374,187,500 Combined total value = 55,374,187,500
Strike 66 has a total call value of 0 versus a total put value of 52,410,375,000 Combined total value = 52,410,375,000
Strike 67 has a total call value of 0 versus a total put value of 49,446,562,500 Combined total value = 49,446,562,500
Strike 68 has a total call value of 0 versus a total put value of 46,482,750,000 Combined total value = 46,482,750,000
Strike 69 has a total call value of 0 versus a total put value of 43,518,937,500 Combined total value = 43,518,937,500
Strike 70 has a total call value of 0 versus a total put value of 40,555,125,000 Combined total value = 40,555,125,000
Strike 71 has a total call value of 32,625,000 versus a total put value of 37,667,250,000 Combined total value = 37,699,875,000
Strike 72 has a total call value of 65,250,000 versus a total put value of 34,779,375,000 Combined total value = 34,844,625,000
Strike 73 has a total call value of 97,875,000 versus a total put value of 31,891,500,000 Combined total value = 31,989,375,000
Strike 74 has a total call value of 130,500,000 versus a total put value of 29,033,437,500 Combined total value = 29,163,937,500
Strike 75 has a total call value of 163,125,000 versus a total put value of 26,189,437,500 Combined total value = 26,352,562,500
Strike 76 has a total call value of 195,750,000 versus a total put value of 23,464,687,500 Combined total value = 23,660,437,500
Strike 77 has a total call value of 228,375,000 versus a total put value of 20,779,875,000 Combined total value = 21,008,250,000
Strike 78 has a total call value of 261,000,000 versus a total put value of 18,118,687,500 Combined total value = 18,379,687,500
Strike 79 has a total call value of 293,625,000 versus a total put value of 15,548,625,000 Combined total value = 15,842,250,000
Strike 80 has a total call value of 336,375,000 versus a total put value of 13,002,187,500 Combined total value = 13,338,562,500
Strike 81 has a total call value of 443,250,000 versus a total put value of 11,109,937,500 Combined total value = 11,553,187,500
Strike 82 has a total call value of 560,250,000 versus a total put value of 9,261,562,500 Combined total value = 9,821,812,500
Strike 83 has a total call value of 704,812,500 versus a total put value of 7,642,687,500 Combined total value = 8,347,500,000
Strike 84 has a total call value of 900,000,000 versus a total put value of 6,099,750,000 Combined total value = 6,999,750,000
Strike 85 has a total call value of 1,200,375,000 versus a total put value of 4,655,812,500 Combined total value = 5,856,187,500
Strike 86 has a total call value of 1,944,562,500 versus a total put value of 3,673,125,000 Combined total value = 5,617,687,500
Strike 87 has a total call value of 2,805,187,500 versus a total put value of 2,806,312,500 Combined total value = 5,611,500,000
Strike 88 has a total call value of 3,740,625,000 versus a total put value of 2,028,375,000 Combined total value = 5,769,000,000
Strike 89 has a total call value of 4,998,937,500 versus a total put value of 1,559,250,000 Combined total value = 6,558,187,500
Strike 90 has a total call value of 6,348,937,500 versus a total put value of 1,156,500,000 Combined total value = 7,505,437,500
Strike 91 has a total call value of 8,656,875,000 versus a total put value of 918,000,000 Combined total value = 9,574,875,000
Strike 92 has a total call value of 11,042,437,500 versus a total put value of 712,687,500 Combined total value = 11,755,125,000
Strike 93 has a total call value of 13,696,875,000 versus a total put value of 548,437,500 Combined total value = 14,245,312,500
Strike 94 has a total call value of 16,495,312,500 versus a total put value of 412,312,500 Combined total value = 16,907,625,000
Strike 95 has a total call value of 20,020,500,000 versus a total put value of 296,437,500 Combined total value = 20,316,937,500
Strike 96 has a total call value of 24,227,437,500 versus a total put value of 213,750,000 Combined total value = 24,441,187,500
Strike 97 has a total call value of 28,634,062,500 versus a total put value of 146,250,000 Combined total value = 28,780,312,500
Strike 98 has a total call value of 33,040,687,500 versus a total put value of 78,750,000 Combined total value = 33,119,437,500
Strike 99 has a total call value of 37,747,125,000 versus a total put value of 55,687,500 Combined total value = 37,802,812,500
Strike 100 has a total call value of 42,453,562,500 versus a total put value of 32,625,000 Combined total value = 42,486,187,500
Strike 101 has a total call value of 47,518,875,000 versus a total put value of 16,312,500 Combined total value = 47,535,187,500
Strike 102 has a total call value of 52,584,187,500 versus a total put value of 0 Combined total value = 52,584,187,500
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 465.3 | 450 |
| ABB | 5490.5 | 5600 |
| ABCAPITAL | 205.01 | 200 |
| ABFRL | 265.4 | 270 |
| ACC | 1858 | 1900 |
| ADANIENSOL | 881.75 | 900 |
| ADANIENT | 2392.6 | 2460 |
| ADANIGREEN | 937 | 940 |
| ADANIPORTS | 1364.3 | 1300 |
| ALKEM | 5032 | 5000 |
| AMBUJACEM | 540 | 545 |
| ANGELONE | 2446.2 | 2400 |
| APLAPOLLO | 1714.9 | 1660 |
| APOLLOHOSP | 6910.5 | 6900 |
| APOLLOTYRE | 475.5 | 475 |
| ASHOKLEY | 227.59 | 225 |
| ASIANPAINT | 2368.3 | 2380 |
| ASTRAL | 1329.1 | 1340 |
| ATGL | 629.85 | 620 |
| AUBANK | 699.2 | 675 |
| AUROPHARMA | 1194.7 | 1200 |
| AXISBANK | 1196.4 | 1180 |
| BAJAJ-AUTO | 7925.5 | 8000 |
| BAJAJFINSV | 2031.6 | 2000 |
| BAJFINANCE | 8925.5 | 9000 |
| BALKRISIND | 2766.9 | 2740 |
| BANDHANBNK | 163.75 | 165 |
| BANKBARODA | 225.72 | 230 |
| BANKINDIA | 110.14 | 111 |
| BEL | 317.7 | 310 |
| BHARATFORG | 1180.9 | 1140 |
| BHARTIARTL | 1865.2 | 1860 |
| BHEL | 228.64 | 230 |
| BIOCON | 329.2 | 330 |
| BOSCHLTD | 30815 | 30000 |
| BPCL | 310.65 | 310 |
| BRITANNIA | 5502.5 | 5450 |
| BSE | 6944.5 | 6600 |
| BSOFT | 407.55 | 400 |
| CAMS | 3662 | 3700 |
| CANBK | 100.1 | 98 |
| CDSL | 1267.4 | 1280 |
| CESC | 165 | 160 |
| CGPOWER | 634.3 | 630 |
| CHAMBLFERT | 703.4 | 690 |
| CHOLAFIN | 1566.6 | 1540 |
| CIPLA | 1502.4 | 1500 |
| COALINDIA | 392.5 | 390 |
| COFORGE | 8050 | 7500 |
| COLPAL | 2619.4 | 2600 |
| CONCOR | 678.4 | 700 |
| CROMPTON | 332.75 | 335 |
| CUMMINSIND | 2833.2 | 2900 |
| CYIENT | 1221.2 | 1200 |
| DABUR | 472.2 | 480 |
| DALBHARAT | 1977.9 | 1940 |
| DEEPAKNTR | 1981 | 1980 |
| DELHIVERY | 306.05 | 300 |
| DIVISLAB | 5962 | 6000 |
| DIXON | 16185 | 16000 |
| DLF | 668 | 670 |
| DMART | 4012 | 4050 |
| DRREDDY | 1198.6 | 1170 |
| EICHERMOT | 5465 | 5550 |
| ESCORTS | 3349.1 | 3300 |
| ETERNAL | 234.43 | 230 |
| EXIDEIND | 375.7 | 375 |
| FEDERALBNK | 194 | 195 |
| GAIL | 187.89 | 192.5 |
| GLENMARK | 1385.1 | 1400 |
| GMRAIRPORT | 87.84 | 86 |
| GODREJCP | 1269.6 | 1250 |
| GODREJPROP | 2114.6 | 2100 |
| GRANULES | 455 | 460 |
| GRASIM | 2729.3 | 2700 |
| HAL | 4454.4 | 4500 |
| HAVELLS | 1568.7 | 1600 |
| HCLTECH | 1623.1 | 1580 |
| HDFCAMC | 4445.8 | 4400 |
| HDFCBANK | 1955.5 | 1920 |
| HDFCLIFE | 733.25 | 720 |
| HEROMOTOCO | 3929.6 | 3900 |
| HFCL | 81.96 | 80 |
| HINDALCO | 643.7 | 640 |
| HINDCOPPER | 217.84 | 215 |
| HINDPETRO | 394 | 390 |
| HINDUNILVR | 2373.1 | 2380 |
| HINDZINC | 426.35 | 430 |
| HUDCO | 218.9 | 220 |
| ICICIBANK | 1436.4 | 1420 |
| ICICIGI | 1835.1 | 1840 |
| ICICIPRULI | 601.25 | 600 |
| IDEA | 7.02 | 8 |
| IDFCFIRSTB | 68.65 | 66 |
| IEX | 195.36 | 192.5 |
| IGL | 205.23 | 195 |
| IIFL | 388.1 | 370 |
| INDHOTEL | 763.45 | 760 |
| INDIANB | 567.3 | 570 |
| INDIGO | 5462 | 5300 |
| INDUSINDBK | 817 | 830 |
| INDUSTOWER | 393.95 | 390 |
| INFY | 1557.8 | 1500 |
| INOXWIND | 166.36 | 170 |
| IOC | 142.95 | 143 |
| IRB | 47.28 | 46 |
| IRCTC | 750.4 | 760 |
| IREDA | 165.37 | 160 |
| IRFC | 123.05 | 125 |
| ITC | 433.8 | 430 |
| JINDALSTEL | 882.2 | 890 |
| JIOFIN | 260.6 | 260 |
| JSL | 603 | 600 |
| JSWENERGY | 476 | 480 |
| JSWSTEEL | 985.4 | 990 |
| JUBLFOOD | 688.55 | 700 |
| KALYANKJIL | 533.3 | 520 |
| KEI | 3344.1 | 3200 |
| KOTAKBANK | 2158.4 | 2140 |
| KPITTECH | 1307.2 | 1260 |
| LAURUSLABS | 595.8 | 610 |
| LICHSGFIN | 593.85 | 600 |
| LICI | 809.6 | 800 |
| LODHA | 1297 | 1300 |
| LT | 3538.9 | 3400 |
| LTF | 167.61 | 165 |
| LTIM | 4768.2 | 4550 |
| LUPIN | 2029.2 | 2040 |
| M&M | 3040.4 | 3000 |
| M&MFIN | 253.85 | 265 |
| MANAPPURAM | 228.11 | 230 |
| MARICO | 732.65 | 720 |
| MARUTI | 12530 | 12000 |
| MAXHEALTH | 1150.1 | 1140 |
| MCX | 6093 | 5900 |
| MFSL | 1291.9 | 1280 |
| MGL | 1407.9 | 1380 |
| MOTHERSON | 141.35 | 140 |
| MPHASIS | 2484 | 2500 |
| MRF | 140015 | 137500 |
| MUTHOOTFIN | 2258.2 | 2200 |
| NATIONALUM | 164.25 | 165 |
| NAUKRI | 1446.5 | 1400 |
| NBCC | 97.3 | 98 |
| NCC | 216.89 | 215 |
| NESTLEIND | 2360 | 2360 |
| NHPC | 82.16 | 84 |
| NMDC | 66.79 | 67 |
| NTPC | 346.45 | 345 |
| NYKAA | 198.07 | 195 |
| OBEROIRLTY | 1601.7 | 1600 |
| OFSS | 8483 | 8335 |
| OIL | 417.2 | 400 |
| ONGC | 241.56 | 240 |
| PAGEIND | 47005 | 46000 |
| PATANJALI | 1821.1 | 1860 |
| PAYTM | 863.2 | 860 |
| PEL | 1044.5 | 1020 |
| PERSISTENT | 5730 | 5400 |
| PETRONET | 313.65 | 310 |
| PFC | 406.45 | 420 |
| PHOENIXLTD | 1514.4 | 1550 |
| PIDILITIND | 3053.5 | 3020 |
| PIIND | 3690.6 | 3700 |
| PNB | 95.11 | 95 |
| PNBHOUSING | 1072.7 | 1060 |
| POLICYBZR | 1660.1 | 1620 |
| POLYCAB | 5892 | 5800 |
| POONAWALLA | 384.5 | 380 |
| POWERGRID | 307.35 | 310 |
| PRESTIGE | 1338.8 | 1340 |
| RAMCOCEM | 949.45 | 950 |
| RBLBANK | 204.26 | 200 |
| RECLTD | 406.45 | 420 |
| RELIANCE | 1421.4 | 1380 |
| SAIL | 114.49 | 115 |
| SBICARD | 900.4 | 880 |
| SBILIFE | 1750.3 | 1720 |
| SBIN | 795.7 | 790 |
| SHREECEM | 29785 | 30000 |
| SHRIRAMFIN | 631 | 620 |
| SIEMENS | 2921.9 | 2900 |
| SJVN | 94.02 | 95 |
| SOLARINDS | 13222 | 13000 |
| SONACOMS | 509.9 | 490 |
| SRF | 3044 | 3000 |
| SUNPHARMA | 1695.1 | 1700 |
| SUPREMEIND | 3572 | 3500 |
| SYNGENE | 620.45 | 630 |
| TATACHEM | 839.05 | 850 |
| TATACOMM | 1556.5 | 1600 |
| TATACONSUM | 1148.5 | 1130 |
| TATAELXSI | 5900 | 5700 |
| TATAMOTORS | 721.25 | 690 |
| TATAPOWER | 388.9 | 400 |
| TATASTEEL | 147.13 | 145 |
| TATATECH | 681.2 | 660 |
| TCS | 3523.2 | 3460 |
| TECHM | 1531.8 | 1500 |
| TIINDIA | 2915.7 | 2850 |
| TITAGARH | 735.4 | 740 |
| TITAN | 3566.5 | 3480 |
| TORNTPHARM | 3173 | 3250 |
| TORNTPOWER | 1450 | 1440 |
| TRENT | 5360 | 5300 |
| TVSMOTOR | 2760 | 2720 |
| ULTRACEMCO | 11617 | 11800 |
| UNIONBANK | 127.5 | 125 |
| UNITDSPR | 1564.5 | 1560 |
| UPL | 691.4 | 670 |
| VBL | 510.95 | 510 |
| VEDL | 423.45 | 420 |
| VOLTAS | 1258.9 | 1260 |
| WIPRO | 250.01 | 242.5 |
| YESBANK | 20.39 | 20 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 885 | 880 |
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.
