GMRAIRPORT
Gmr Airports Limited
Max pain for GMRAIRPORT
17 Jan 2025 04:14 PM IST
Max Pain for GMRAIRPORT is 78
Strike 64 has a total call value of 0 versus a total put value of 69,575,625,000 Combined total value = 69,575,625,000
Strike 65 has a total call value of 22,500,000 versus a total put value of 64,623,375,000 Combined total value = 64,645,875,000
Strike 66 has a total call value of 45,000,000 versus a total put value of 59,725,125,000 Combined total value = 59,770,125,000
Strike 67 has a total call value of 67,500,000 versus a total put value of 54,987,187,500 Combined total value = 55,054,687,500
Strike 68 has a total call value of 90,000,000 versus a total put value of 50,301,562,500 Combined total value = 50,391,562,500
Strike 69 has a total call value of 137,812,500 versus a total put value of 45,815,625,000 Combined total value = 45,953,437,500
Strike 70 has a total call value of 240,750,000 versus a total put value of 41,405,062,500 Combined total value = 41,645,812,500
Strike 71 has a total call value of 592,312,500 versus a total put value of 37,348,875,000 Combined total value = 37,941,187,500
Strike 72 has a total call value of 1,041,187,500 versus a total put value of 33,430,500,000 Combined total value = 34,471,687,500
Strike 73 has a total call value of 1,608,750,000 versus a total put value of 29,699,437,500 Combined total value = 31,308,187,500
Strike 74 has a total call value of 2,244,937,500 versus a total put value of 26,087,062,500 Combined total value = 28,332,000,000
Strike 75 has a total call value of 3,033,000,000 versus a total put value of 22,689,562,500 Combined total value = 25,722,562,500
Strike 76 has a total call value of 4,603,500,000 versus a total put value of 19,734,750,000 Combined total value = 24,338,250,000
Strike 77 has a total call value of 6,434,437,500 versus a total put value of 16,935,187,500 Combined total value = 23,369,625,000
Strike 78 has a total call value of 8,562,375,000 versus a total put value of 14,270,062,500 Combined total value = 22,832,437,500
Strike 79 has a total call value of 11,070,000,000 versus a total put value of 11,790,562,500 Combined total value = 22,860,562,500
Strike 80 has a total call value of 13,778,437,500 versus a total put value of 9,506,250,000 Combined total value = 23,284,687,500
Strike 81 has a total call value of 18,050,625,000 versus a total put value of 8,076,937,500 Combined total value = 26,127,562,500
Strike 82 has a total call value of 22,542,187,500 versus a total put value of 6,820,875,000 Combined total value = 29,363,062,500
Strike 83 has a total call value of 27,327,375,000 versus a total put value of 5,716,687,500 Combined total value = 33,044,062,500
Strike 84 has a total call value of 32,356,687,500 versus a total put value of 4,721,062,500 Combined total value = 37,077,750,000
Strike 85 has a total call value of 37,680,187,500 versus a total put value of 3,725,437,500 Combined total value = 41,405,625,000
Strike 86 has a total call value of 43,610,625,000 versus a total put value of 2,974,500,000 Combined total value = 46,585,125,000
Strike 87 has a total call value of 49,637,250,000 versus a total put value of 2,223,562,500 Combined total value = 51,860,812,500
Strike 88 has a total call value of 55,916,437,500 versus a total put value of 1,472,625,000 Combined total value = 57,389,062,500
Strike 89 has a total call value of 62,249,062,500 versus a total put value of 788,625,000 Combined total value = 63,037,687,500
Strike 90 has a total call value of 68,595,750,000 versus a total put value of 112,500,000 Combined total value = 68,708,250,000
Strike 91 has a total call value of 75,690,562,500 versus a total put value of 101,250,000 Combined total value = 75,791,812,500
Strike 92 has a total call value of 82,785,375,000 versus a total put value of 90,000,000 Combined total value = 82,875,375,000
Strike 93 has a total call value of 89,880,187,500 versus a total put value of 78,750,000 Combined total value = 89,958,937,500
Strike 94 has a total call value of 96,975,000,000 versus a total put value of 67,500,000 Combined total value = 97,042,500,000
Strike 95 has a total call value of 104,069,812,500 versus a total put value of 56,250,000 Combined total value = 104,126,062,500
Strike 96 has a total call value of 111,246,750,000 versus a total put value of 45,000,000 Combined total value = 111,291,750,000
Strike 97 has a total call value of 118,423,687,500 versus a total put value of 33,750,000 Combined total value = 118,457,437,500
Strike 98 has a total call value of 125,600,625,000 versus a total put value of 22,500,000 Combined total value = 125,623,125,000
Strike 99 has a total call value of 132,777,562,500 versus a total put value of 11,250,000 Combined total value = 132,788,812,500
Strike 100 has a total call value of 139,954,500,000 versus a total put value of 0 Combined total value = 139,954,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 442.7 | 420 |
| ABB | 6527.5 | 6500 |
| ABBOTINDIA | 27929.7 | 28000 |
| ABCAPITAL | 177.18 | 182.5 |
| ABFRL | 274.7 | 275 |
| ACC | 2014.9 | 2080 |
| ADANIENSOL | 805.15 | 800 |
| ADANIENT | 2399.8 | 2500 |
| ADANIGREEN | 1078.2 | 1060 |
| ADANIPORTS | 1163.5 | 1180 |
| ALKEM | 5255.85 | 5400 |
| AMBUJACEM | 536.25 | 545 |
| ANGELONE | 2454.5 | 2400 |
| APLAPOLLO | 1570.15 | 1540 |
| APOLLOHOSP | 6828.1 | 6950 |
| APOLLOTYRE | 452.8 | 470 |
| ASHOKLEY | 206.59 | 215 |
| ASIANPAINT | 2261 | 2300 |
| ASTRAL | 1501.45 | 1580 |
| ATGL | 673.15 | 660 |
| ATUL | 6692.2 | 6700 |
| AUBANK | 597.6 | 580 |
| AUROPHARMA | 1178.35 | 1200 |
| AXISBANK | 991.05 | 1010 |
| BAJAJ-AUTO | 8581.4 | 8800 |
| BAJAJFINSV | 1680.65 | 1640 |
| BAJFINANCE | 7182.1 | 7200 |
| BALKRISIND | 2705.85 | 2800 |
| BANDHANBNK | 151.24 | 160 |
| BANKBARODA | 228 | 235 |
| BANKINDIA | 100.23 | 100 |
| BATAINDIA | 1310.8 | 1340 |
| BEL | 282.15 | 285 |
| BERGEPAINT | 468.8 | 460 |
| BHARATFORG | 1207.5 | 1220 |
| BHARTIARTL | 1627.5 | 1620 |
| BHEL | 214.08 | 220 |
| BIOCON | 393.7 | 380 |
| BOSCHLTD | 31399.8 | 33000 |
| BPCL | 273.6 | 280 |
| BRITANNIA | 4854.4 | 4850 |
| BSE | 5998.75 | 5600 |
| BSOFT | 532.5 | 550 |
| CAMS | 4418.1 | 4500 |
| CANBK | 97.88 | 100 |
| CANFINHOME | 691.5 | 700 |
| CDSL | 1597.9 | 1640 |
| CESC | 152.65 | 150.5 |
| CGPOWER | 649.15 | 650 |
| CHAMBLFERT | 500.85 | 500 |
| CHOLAFIN | 1257.4 | 1260 |
| CIPLA | 1442.3 | 1480 |
| COALINDIA | 387.65 | 390 |
| COFORGE | 8641.55 | 9000 |
| COLPAL | 2683.65 | 2750 |
| CONCOR | 772.45 | 780 |
| COROMANDEL | 1874.85 | 1880 |
| CROMPTON | 362.35 | 370 |
| CUB | 172.27 | 172.5 |
| CUMMINSIND | 2935.25 | 3000 |
| CYIENT | 1755.25 | 1720 |
| DABUR | 526.05 | 520 |
| DALBHARAT | 1721.95 | 1740 |
| DEEPAKNTR | 2358.75 | 2450 |
| DELHIVERY | 338.55 | 335 |
| DIVISLAB | 5916.05 | 5900 |
| DIXON | 17224.45 | 17000 |
| DLF | 749 | 770 |
| DMART | 3620.65 | 3700 |
| DRREDDY | 1309.4 | 1340 |
| EICHERMOT | 5012.3 | 5000 |
| ESCORTS | 3600.7 | 3400 |
| EXIDEIND | 389.55 | 410 |
| FEDERALBNK | 191.58 | 197.5 |
| GAIL | 180.95 | 190 |
| GLENMARK | 1468.1 | 1520 |
| GMRAIRPORT | 76.07 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 563.15 | 560 |
| GODREJCP | 1187.75 | 1150 |
| GODREJPROP | 2407.6 | 2500 |
| GRANULES | 579.2 | 590 |
| GRASIM | 2375.85 | 2440 |
| GUJGASLTD | 500 | 500 |
| HAL | 4116.6 | 4150 |
| HAVELLS | 1574.2 | 1580 |
| HCLTECH | 1788.9 | 1820 |
| HDFCAMC | 4030.85 | 4000 |
| HDFCBANK | 1636.75 | 1700 |
| HDFCLIFE | 642.2 | 640 |
| HEROMOTOCO | 4098 | 4200 |
| HFCL | 103.75 | 105 |
| HINDALCO | 617 | 600 |
| HINDCOPPER | 247.69 | 255 |
| HINDPETRO | 358.9 | 380 |
| HINDUNILVR | 2354 | 2400 |
| HUDCO | 234.8 | 225 |
| ICICIBANK | 1225.45 | 1260 |
| ICICIGI | 1948.75 | 1920 |
| ICICIPRULI | 645.75 | 650 |
| IDEA | 9.11 | 8 |
| IDFCFIRSTB | 62.56 | 63 |
| IEX | 172.7 | 175 |
| IGL | 405 | 410 |
| INDHOTEL | 813.35 | 810 |
| INDIAMART | 2282.6 | 2260 |
| INDIANB | 524.45 | 520 |
| INDIGO | 4090.2 | 4200 |
| INDUSINDBK | 970.95 | 980 |
| INDUSTOWER | 362.7 | 350 |
| INFY | 1815.45 | 1840 |
| IOC | 128.07 | 135 |
| IPCALAB | 1543.25 | 1600 |
| IRB | 54.89 | 55 |
| IRCTC | 779.2 | 790 |
| IRFC | 146.19 | 137.5 |
| ITC | 440.2 | 445 |
| JINDALSTEL | 924.65 | 940 |
| JIOFIN | 279 | 280 |
| JKCEMENT | 4541.2 | 4500 |
| JSL | 634.35 | 640 |
| JSWENERGY | 568 | 580 |
| JSWSTEEL | 908.6 | 920 |
| JUBLFOOD | 692.7 | 710 |
| KALYANKJIL | 501.5 | 600 |
| KEI | 4104.7 | 4000 |
| KOTAKBANK | 1758.6 | 1800 |
| KPITTECH | 1314.65 | 1380 |
| LALPATHLAB | 2810.05 | 2900 |
| LAURUSLABS | 567.8 | 580 |
| LICHSGFIN | 562.7 | 590 |
| LICI | 854.9 | 860 |
| LODHA | 1176.95 | 1200 |
| LT | 3568.65 | 3600 |
| LTF | 143.03 | 140 |
| LTIM | 5890.3 | 5850 |
| LTTS | 5373.95 | 5200 |
| LUPIN | 2113.15 | 2200 |
| M&M | 2917.35 | 3000 |
| M&MFIN | 268.55 | 275 |
| MANAPPURAM | 193.75 | 185 |
| MARICO | 664.4 | 650 |
| MARUTI | 12136.35 | 11700 |
| MAXHEALTH | 1026.65 | 1100 |
| MCX | 6034.9 | 6000 |
| METROPOLIS | 1890.7 | 2000 |
| MFSL | 1088.3 | 1100 |
| MGL | 1321.6 | 1300 |
| MOTHERSON | 151.13 | 155 |
| MPHASIS | 2817.2 | 2850 |
| MRF | 113948.65 | 115000 |
| MUTHOOTFIN | 2149.6 | 2180 |
| NATIONALUM | 205.54 | 210 |
| NAUKRI | 7748.15 | 7800 |
| NAVINFLUOR | 3755.1 | 3700 |
| NCC | 253.05 | 255 |
| NESTLEIND | 2217.2 | 2200 |
| NHPC | 80.4 | 78 |
| NMDC | 66.63 | 68.35 |
| NTPC | 326.15 | 325 |
| NYKAA | 172.88 | 170 |
| OBEROIRLTY | 1988.9 | 2060 |
| OFSS | 10027.15 | 10500 |
| OIL | 474.8 | 470 |
| ONGC | 266.57 | 260 |
| PAGEIND | 46097.55 | 47000 |
| PAYTM | 900.15 | 900 |
| PEL | 1031.8 | 1060 |
| PERSISTENT | 5961.2 | 6100 |
| PETRONET | 324.8 | 335 |
| PFC | 433.45 | 440 |
| PIDILITIND | 2813.35 | 2880 |
| PIIND | 3550.9 | 3600 |
| PNB | 100.13 | 101 |
| POLICYBZR | 1724.4 | 1800 |
| POLYCAB | 6779.7 | 6800 |
| POONAWALLA | 314.05 | 315 |
| POWERGRID | 302.6 | 310 |
| PRESTIGE | 1472.2 | 1500 |
| PVRINOX | 1102.2 | 1160 |
| RAMCOCEM | 883.95 | 900 |
| RBLBANK | 155.12 | 160 |
| RECLTD | 482.35 | 500 |
| RELIANCE | 1302.35 | 1260 |
| SAIL | 108.82 | 112.5 |
| SBICARD | 740.85 | 735 |
| SBILIFE | 1540.5 | 1500 |
| SBIN | 764.1 | 790 |
| SHREECEM | 25315.45 | 25500 |
| SHRIRAMFIN | 526.5 | 560 |
| SIEMENS | 6183.25 | 6300 |
| SJVN | 100.76 | 100 |
| SONACOMS | 574.75 | 580 |
| SRF | 2606.45 | 2580 |
| SUNPHARMA | 1786.55 | 1800 |
| SUNTV | 649.35 | 670 |
| SUPREMEIND | 4204.25 | 4400 |
| SYNGENE | 819.55 | 840 |
| TATACHEM | 975.35 | 1020 |
| TATACOMM | 1698.15 | 1720 |
| TATACONSUM | 954.45 | 940 |
| TATAELXSI | 6212.1 | 6200 |
| TATAMOTORS | 779.75 | 780 |
| TATAPOWER | 373.6 | 385 |
| TATASTEEL | 130.28 | 134 |
| TCS | 4124.3 | 4200 |
| TECHM | 1660.3 | 1680 |
| TIINDIA | 3408.8 | 3400 |
| TITAN | 3357.4 | 3400 |
| TORNTPHARM | 3174.85 | 3300 |
| TRENT | 6216.55 | 6500 |
| TVSMOTOR | 2301.25 | 2300 |
| UBL | 1951.3 | 1980 |
| ULTRACEMCO | 10580 | 11000 |
| UNIONBANK | 108.7 | 110 |
| UNITDSPR | 1427.55 | 1480 |
| UPL | 551.7 | 540 |
| VBL | 556.35 | 580 |
| VEDL | 454.05 | 460 |
| VOLTAS | 1596.95 | 1660 |
| WIPRO | 281.95 | 290 |
| YESBANK | 18.26 | 19 |
| ZOMATO | 248.8 | 250 |
| ZYDUSLIFE | 994.65 | 1000 |
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.
