GOLD
Gold
Max pain for GOLD
03 Dec 2024 10:40 PM IST
Max Pain for GOLD is 77000
Strike 71000 has a total call value of 0 versus a total put value of 1,620,060,000 Combined total value = 1,620,060,000
Strike 71100 has a total call value of 0 versus a total put value of 1,573,010,000 Combined total value = 1,573,010,000
Strike 71200 has a total call value of 0 versus a total put value of 1,525,960,000 Combined total value = 1,525,960,000
Strike 71300 has a total call value of 0 versus a total put value of 1,478,910,000 Combined total value = 1,478,910,000
Strike 71400 has a total call value of 0 versus a total put value of 1,431,860,000 Combined total value = 1,431,860,000
Strike 71500 has a total call value of 0 versus a total put value of 1,384,810,000 Combined total value = 1,384,810,000
Strike 71600 has a total call value of 0 versus a total put value of 1,337,760,000 Combined total value = 1,337,760,000
Strike 71700 has a total call value of 0 versus a total put value of 1,290,710,000 Combined total value = 1,290,710,000
Strike 71800 has a total call value of 0 versus a total put value of 1,243,660,000 Combined total value = 1,243,660,000
Strike 71900 has a total call value of 0 versus a total put value of 1,196,610,000 Combined total value = 1,196,610,000
Strike 72000 has a total call value of 0 versus a total put value of 1,149,560,000 Combined total value = 1,149,560,000
Strike 72100 has a total call value of 0 versus a total put value of 1,107,700,000 Combined total value = 1,107,700,000
Strike 72200 has a total call value of 0 versus a total put value of 1,065,840,000 Combined total value = 1,065,840,000
Strike 72300 has a total call value of 0 versus a total put value of 1,023,980,000 Combined total value = 1,023,980,000
Strike 72400 has a total call value of 0 versus a total put value of 982,120,000 Combined total value = 982,120,000
Strike 72500 has a total call value of 0 versus a total put value of 940,260,000 Combined total value = 940,260,000
Strike 72600 has a total call value of 0 versus a total put value of 898,400,000 Combined total value = 898,400,000
Strike 72700 has a total call value of 0 versus a total put value of 856,540,000 Combined total value = 856,540,000
Strike 72800 has a total call value of 0 versus a total put value of 814,680,000 Combined total value = 814,680,000
Strike 72900 has a total call value of 0 versus a total put value of 772,820,000 Combined total value = 772,820,000
Strike 73000 has a total call value of 0 versus a total put value of 730,960,000 Combined total value = 730,960,000
Strike 73100 has a total call value of 0 versus a total put value of 698,180,000 Combined total value = 698,180,000
Strike 73200 has a total call value of 0 versus a total put value of 665,400,000 Combined total value = 665,400,000
Strike 73300 has a total call value of 0 versus a total put value of 632,620,000 Combined total value = 632,620,000
Strike 73400 has a total call value of 0 versus a total put value of 599,840,000 Combined total value = 599,840,000
Strike 73500 has a total call value of 0 versus a total put value of 567,060,000 Combined total value = 567,060,000
Strike 73600 has a total call value of 0 versus a total put value of 534,470,000 Combined total value = 534,470,000
Strike 73700 has a total call value of 0 versus a total put value of 501,880,000 Combined total value = 501,880,000
Strike 73800 has a total call value of 0 versus a total put value of 469,290,000 Combined total value = 469,290,000
Strike 73900 has a total call value of 0 versus a total put value of 436,700,000 Combined total value = 436,700,000
Strike 74000 has a total call value of 0 versus a total put value of 404,110,000 Combined total value = 404,110,000
Strike 74100 has a total call value of 390,000 versus a total put value of 383,090,000 Combined total value = 383,480,000
Strike 74200 has a total call value of 780,000 versus a total put value of 362,070,000 Combined total value = 362,850,000
Strike 74300 has a total call value of 1,170,000 versus a total put value of 341,050,000 Combined total value = 342,220,000
Strike 74400 has a total call value of 1,560,000 versus a total put value of 320,030,000 Combined total value = 321,590,000
Strike 74500 has a total call value of 1,950,000 versus a total put value of 299,010,000 Combined total value = 300,960,000
Strike 74600 has a total call value of 2,340,000 versus a total put value of 278,520,000 Combined total value = 280,860,000
Strike 74700 has a total call value of 2,730,000 versus a total put value of 258,030,000 Combined total value = 260,760,000
Strike 74800 has a total call value of 3,120,000 versus a total put value of 237,540,000 Combined total value = 240,660,000
Strike 74900 has a total call value of 3,510,000 versus a total put value of 217,050,000 Combined total value = 220,560,000
Strike 75000 has a total call value of 3,900,000 versus a total put value of 196,560,000 Combined total value = 200,460,000
Strike 75100 has a total call value of 5,070,000 versus a total put value of 183,500,000 Combined total value = 188,570,000
Strike 75200 has a total call value of 6,240,000 versus a total put value of 170,440,000 Combined total value = 176,680,000
Strike 75300 has a total call value of 7,410,000 versus a total put value of 157,380,000 Combined total value = 164,790,000
Strike 75400 has a total call value of 8,580,000 versus a total put value of 144,320,000 Combined total value = 152,900,000
Strike 75500 has a total call value of 9,750,000 versus a total put value of 131,260,000 Combined total value = 141,010,000
Strike 75600 has a total call value of 10,960,000 versus a total put value of 119,110,000 Combined total value = 130,070,000
Strike 75700 has a total call value of 12,170,000 versus a total put value of 106,960,000 Combined total value = 119,130,000
Strike 75800 has a total call value of 13,380,000 versus a total put value of 94,810,000 Combined total value = 108,190,000
Strike 75900 has a total call value of 14,590,000 versus a total put value of 82,660,000 Combined total value = 97,250,000
Strike 76000 has a total call value of 15,810,000 versus a total put value of 70,510,000 Combined total value = 86,320,000
Strike 76100 has a total call value of 20,410,000 versus a total put value of 65,030,000 Combined total value = 85,440,000
Strike 76200 has a total call value of 25,010,000 versus a total put value of 59,560,000 Combined total value = 84,570,000
Strike 76300 has a total call value of 29,610,000 versus a total put value of 54,090,000 Combined total value = 83,700,000
Strike 76400 has a total call value of 34,210,000 versus a total put value of 48,620,000 Combined total value = 82,830,000
Strike 76500 has a total call value of 38,810,000 versus a total put value of 43,150,000 Combined total value = 81,960,000
Strike 76600 has a total call value of 43,660,000 versus a total put value of 38,100,000 Combined total value = 81,760,000
Strike 76700 has a total call value of 48,510,000 versus a total put value of 33,050,000 Combined total value = 81,560,000
Strike 76800 has a total call value of 53,360,000 versus a total put value of 28,000,000 Combined total value = 81,360,000
Strike 76900 has a total call value of 58,230,000 versus a total put value of 22,950,000 Combined total value = 81,180,000
Strike 77000 has a total call value of 63,100,000 versus a total put value of 17,900,000 Combined total value = 81,000,000
Strike 77100 has a total call value of 72,320,000 versus a total put value of 16,110,000 Combined total value = 88,430,000
Strike 77200 has a total call value of 81,540,000 versus a total put value of 14,320,000 Combined total value = 95,860,000
Strike 77300 has a total call value of 90,760,000 versus a total put value of 12,530,000 Combined total value = 103,290,000
Strike 77400 has a total call value of 99,980,000 versus a total put value of 10,740,000 Combined total value = 110,720,000
Strike 77500 has a total call value of 109,200,000 versus a total put value of 8,950,000 Combined total value = 118,150,000
Strike 77600 has a total call value of 118,640,000 versus a total put value of 7,160,000 Combined total value = 125,800,000
Strike 77700 has a total call value of 128,080,000 versus a total put value of 5,370,000 Combined total value = 133,450,000
Strike 77800 has a total call value of 137,520,000 versus a total put value of 3,580,000 Combined total value = 141,100,000
Strike 77900 has a total call value of 146,960,000 versus a total put value of 1,790,000 Combined total value = 148,750,000
Strike 78000 has a total call value of 156,400,000 versus a total put value of 0 Combined total value = 156,400,000
Strike 78100 has a total call value of 170,490,000 versus a total put value of 0 Combined total value = 170,490,000
Strike 78200 has a total call value of 184,580,000 versus a total put value of 0 Combined total value = 184,580,000
Strike 78300 has a total call value of 198,670,000 versus a total put value of 0 Combined total value = 198,670,000
Strike 78400 has a total call value of 212,760,000 versus a total put value of 0 Combined total value = 212,760,000
Strike 78500 has a total call value of 226,850,000 versus a total put value of 0 Combined total value = 226,850,000
Strike 78600 has a total call value of 241,020,000 versus a total put value of 0 Combined total value = 241,020,000
Strike 78700 has a total call value of 255,190,000 versus a total put value of 0 Combined total value = 255,190,000
Strike 78800 has a total call value of 269,360,000 versus a total put value of 0 Combined total value = 269,360,000
Strike 78900 has a total call value of 283,530,000 versus a total put value of 0 Combined total value = 283,530,000
Strike 79000 has a total call value of 297,700,000 versus a total put value of 0 Combined total value = 297,700,000
Strike 79100 has a total call value of 316,400,000 versus a total put value of 0 Combined total value = 316,400,000
Strike 79200 has a total call value of 335,100,000 versus a total put value of 0 Combined total value = 335,100,000
Strike 79300 has a total call value of 353,800,000 versus a total put value of 0 Combined total value = 353,800,000
Strike 79400 has a total call value of 372,500,000 versus a total put value of 0 Combined total value = 372,500,000
Strike 79500 has a total call value of 391,200,000 versus a total put value of 0 Combined total value = 391,200,000
Strike 79600 has a total call value of 409,900,000 versus a total put value of 0 Combined total value = 409,900,000
Strike 79700 has a total call value of 428,600,000 versus a total put value of 0 Combined total value = 428,600,000
Strike 79800 has a total call value of 447,300,000 versus a total put value of 0 Combined total value = 447,300,000
Strike 79900 has a total call value of 466,000,000 versus a total put value of 0 Combined total value = 466,000,000
Strike 80000 has a total call value of 484,700,000 versus a total put value of 0 Combined total value = 484,700,000
Max-Pain Table for Monthly Expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 445.1 | 460 |
ABB | 7537.55 | 7500 |
ABBOTINDIA | 28441.05 | 28000 |
ABCAPITAL | 199.47 | 200 |
ABFRL | 316.3 | 320 |
ACC | 2291.7 | 2300 |
ADANIENSOL | 801.85 | 800 |
ADANIENT | 2514.2 | 2540 |
ADANIGREEN | 1312.8 | 1300 |
ADANIPORTS | 1288.65 | 1240 |
ALKEM | 5637.35 | 5600 |
AMBUJACEM | 566.55 | 550 |
ANGELONE | 3077.05 | 3000 |
APLAPOLLO | 1556.8 | 1500 |
APOLLOHOSP | 7126.55 | 7000 |
APOLLOTYRE | 521.45 | 510 |
ASHOKLEY | 235.18 | 230 |
ASIANPAINT | 2469.4 | 2500 |
ASTRAL | 1845.7 | 1840 |
ATGL | 766.25 | 780 |
ATUL | 7396.45 | 7300 |
AUBANK | 594.85 | 590 |
AUROPHARMA | 1264.3 | 1260 |
AXISBANK | 1160.5 | 1150 |
BAJAJ-AUTO | 9161.8 | 9200 |
BAJAJFINSV | 1607.1 | 1600 |
BAJFINANCE | 6675.45 | 6800 |
BALKRISIND | 2842.2 | 2800 |
BANDHANBNK | 175.27 | 175 |
BANKBARODA | 254.55 | 250 |
BANKINDIA | 114.02 | 110 |
BATAINDIA | 1425.9 | 1400 |
BEL | 312.1 | 305 |
BERGEPAINT | 482.15 | 490 |
BHARATFORG | 1350.4 | 1340 |
BHARTIARTL | 1620.55 | 1600 |
BHEL | 252.35 | 250 |
BIOCON | 373.85 | 365 |
BOSCHLTD | 34923.7 | 35000 |
BPCL | 294.25 | 295 |
BRITANNIA | 4909.6 | 4950 |
BSE | 4513.8 | 4600 |
BSOFT | 601.45 | 600 |
CAMS | 5120.2 | 5000 |
CANBK | 105.12 | 104 |
CANFINHOME | 834.6 | 830 |
CDSL | 1663.9 | 1660 |
CESC | 184.28 | 180 |
CGPOWER | 761.3 | 750 |
CHAMBLFERT | 525.1 | 510 |
CHOLAFIN | 1253.65 | 1260 |
CIPLA | 1533.9 | 1540 |
COALINDIA | 422.1 | 420 |
COFORGE | 8718.25 | 8600 |
COLPAL | 2896.25 | 2900 |
CONCOR | 839.85 | 840 |
COROMANDEL | 1777.5 | 1780 |
CROMPTON | 409.15 | 410 |
CUB | 182.9 | 180 |
CUMMINSIND | 3512.3 | 3500 |
CYIENT | 1876.6 | 1600 |
DABUR | 522.55 | 530 |
DALBHARAT | 1930.8 | 1880 |
DEEPAKNTR | 2627 | 2700 |
DELHIVERY | 341.15 | 340 |
DIVISLAB | 6210.55 | 6150 |
DIXON | 16866.45 | 16000 |
DLF | 846.95 | 830 |
DMART | 3829.85 | 3750 |
DRREDDY | 1224.5 | 1220 |
EICHERMOT | 4844.35 | 4900 |
ESCORTS | 3517.05 | 3600 |
EXIDEIND | 455.55 | 450 |
FEDERALBNK | 209.96 | 210 |
GAIL | 199.99 | 200 |
GLENMARK | 1559.4 | 1540 |
GMRINFRA | 83.61 | 84 |
GNFC | 637.15 | 640 |
GODREJCP | 1230.45 | 1240 |
GODREJPROP | 2862.55 | 2850 |
GRANULES | 534.15 | 560 |
GRASIM | 2714 | 2640 |
GUJGASLTD | 497.8 | 480 |
HAL | 4518.85 | 4500 |
HAVELLS | 1757.2 | 1740 |
HCLTECH | 1890.75 | 1880 |
HDFCAMC | 4258.3 | 4250 |
HDFCBANK | 1826.3 | 1800 |
HDFCLIFE | 634 | 650 |
HEROMOTOCO | 4697 | 4800 |
HFCL | 130.18 | 130 |
HINDALCO | 667.55 | 660 |
HINDCOPPER | 284.7 | 280 |
HINDPETRO | 384.55 | 385 |
HINDUNILVR | 2482.85 | 2500 |
HUDCO | 235.54 | 230 |
ICICIBANK | 1308.4 | 1300 |
ICICIGI | 1896.35 | 1900 |
ICICIPRULI | 684.2 | 700 |
IDEA | 8.21 | 8 |
IDFCFIRSTB | 65.2 | 65 |
IEX | 178.1 | 177.5 |
IGL | 361.25 | 340 |
INDHOTEL | 806.65 | 790 |
INDIAMART | 2357.55 | 2350 |
INDIANB | 579.9 | 580 |
INDIGO | 4405.5 | 4400 |
INDUSINDBK | 998.35 | 1000 |
INDUSTOWER | 353.9 | 350 |
INFY | 1892.1 | 1900 |
IOC | 139.51 | 140 |
IPCALAB | 1502.75 | 1540 |
IRB | 55.04 | 53 |
IRCTC | 831.85 | 830 |
IRFC | 148.2 | 147.5 |
ITC | 472.55 | 475 |
JINDALSTEL | 925.8 | 910 |
JIOFIN | 340.35 | 330 |
JKCEMENT | 4647.4 | 4500 |
JSL | 716.05 | 700 |
JSWENERGY | 642.95 | 650 |
JSWSTEEL | 998.8 | 980 |
JUBLFOOD | 657.05 | 650 |
KALYANKJIL | 726.85 | 720 |
KEI | 4340.25 | 4300 |
KOTAKBANK | 1749.9 | 1780 |
KPITTECH | 1430.7 | 1400 |
LALPATHLAB | 2972.9 | 3050 |
LAURUSLABS | 580.7 | 560 |
LICHSGFIN | 635.35 | 640 |
LICI | 969.75 | 980 |
LODHA | 1296.3 | 1300 |
LT | 3787.05 | 3700 |
LTF | 145.62 | 145 |
LTIM | 6167 | 6200 |
LTTS | 5316.55 | 5300 |
LUPIN | 2081.65 | 2060 |
M&M | 3027.3 | 3000 |
M&MFIN | 285.3 | 280 |
MANAPPURAM | 164.19 | 162.5 |
MARICO | 641.7 | 640 |
MARUTI | 11279.25 | 11200 |
MAXHEALTH | 1034.35 | 1000 |
MCX | 6216.5 | 6200 |
METROPOLIS | 2076.35 | 2100 |
MFSL | 1142.35 | 1140 |
MGL | 1278.25 | 1240 |
MOTHERSON | 166.2 | 167.5 |
MPHASIS | 3018.95 | 3000 |
MRF | 125585.05 | 125000 |
MUTHOOTFIN | 1932.8 | 1920 |
NATIONALUM | 246.87 | 242.5 |
NAUKRI | 8472.5 | 8300 |
NAVINFLUOR | 3586.85 | 3550 |
NCC | 314.5 | 310 |
NESTLEIND | 2261.7 | 2300 |
NHPC | 81.98 | 81 |
NMDC | 235.68 | 235 |
NTPC | 367.45 | 365 |
NYKAA | 171.88 | 170 |
OBEROIRLTY | 2060.35 | 2000 |
OFSS | 12524.85 | 12000 |
OIL | 490.3 | 480 |
ONGC | 262.35 | 259 |
PAGEIND | 46143.25 | 45500 |
PAYTM | 902.6 | 900 |
PEL | 1236.5 | 1200 |
PERSISTENT | 6041.3 | 6000 |
PETRONET | 339.3 | 333 |
PFC | 501.15 | 490 |
PIDILITIND | 3149 | 3100 |
PIIND | 4138.1 | 4100 |
PNB | 107.97 | 106 |
POLICYBZR | 1926.25 | 1800 |
POLYCAB | 7412.5 | 7200 |
POONAWALLA | 348.55 | 350 |
POWERGRID | 329.65 | 330 |
PRESTIGE | 1724.15 | 1700 |
PVRINOX | 1598.3 | 1560 |
RAMCOCEM | 1040.1 | 1000 |
RBLBANK | 162.71 | 155 |
RECLTD | 539.7 | 530 |
RELIANCE | 1323.3 | 1310 |
SAIL | 122.79 | 120 |
SBICARD | 704.4 | 700 |
SBILIFE | 1440.95 | 1440 |
SBIN | 853.95 | 840 |
SHREECEM | 27159.35 | 26750 |
SHRIRAMFIN | 3155.55 | 3100 |
SIEMENS | 7731 | 7500 |
SJVN | 117.03 | 115 |
SONACOMS | 672.7 | 680 |
SRF | 2311.25 | 2300 |
SUNPHARMA | 1800.05 | 1800 |
SUNTV | 774.5 | 760 |
SUPREMEIND | 4763 | 4600 |
SYNGENE | 934.85 | 930 |
TATACHEM | 1136.4 | 1120 |
TATACOMM | 1807.9 | 1800 |
TATACONSUM | 955 | 960 |
TATAELXSI | 7098.55 | 7000 |
TATAMOTORS | 801.25 | 800 |
TATAPOWER | 428.55 | 425 |
TATASTEEL | 146.54 | 150 |
TCS | 4302.75 | 4300 |
TECHM | 1749.5 | 1740 |
TIINDIA | 3620.15 | 3600 |
TITAN | 3332.75 | 3300 |
TORNTPHARM | 3363.1 | 3300 |
TRENT | 6841.35 | 6800 |
TVSMOTOR | 2556.2 | 2500 |
UBL | 1955.85 | 1940 |
ULTRACEMCO | 11852.35 | 11500 |
UNIONBANK | 126.06 | 124 |
UNITDSPR | 1542.95 | 1500 |
UPL | 563.1 | 556.35 |
VBL | 621.1 | 610 |
VEDL | 468.35 | 460 |
VOLTAS | 1688.15 | 1700 |
WIPRO | 291.65 | 290 |
YESBANK | 20.84 | 20 |
ZOMATO | 279.85 | 270 |
ZYDUSLIFE | 982.1 | 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.