GOLDM
Gold Mini
Max pain for GOLDM
21 Nov 2024 03:42 PM IST
Max Pain for GOLDM is 76000
Strike 70000 has a total call value of 0 versus a total put value of 599,419,000,000 Combined total value = 599,419,000,000
Strike 70100 has a total call value of 0 versus a total put value of 587,536,000,000 Combined total value = 587,536,000,000
Strike 70200 has a total call value of 0 versus a total put value of 575,653,000,000 Combined total value = 575,653,000,000
Strike 70300 has a total call value of 0 versus a total put value of 563,770,000,000 Combined total value = 563,770,000,000
Strike 70400 has a total call value of 0 versus a total put value of 551,887,000,000 Combined total value = 551,887,000,000
Strike 70500 has a total call value of 0 versus a total put value of 540,004,000,000 Combined total value = 540,004,000,000
Strike 70600 has a total call value of 0 versus a total put value of 528,121,000,000 Combined total value = 528,121,000,000
Strike 70700 has a total call value of 0 versus a total put value of 516,238,000,000 Combined total value = 516,238,000,000
Strike 70800 has a total call value of 0 versus a total put value of 504,355,000,000 Combined total value = 504,355,000,000
Strike 70900 has a total call value of 0 versus a total put value of 492,474,000,000 Combined total value = 492,474,000,000
Strike 71000 has a total call value of 0 versus a total put value of 480,593,000,000 Combined total value = 480,593,000,000
Strike 71100 has a total call value of 0 versus a total put value of 468,860,000,000 Combined total value = 468,860,000,000
Strike 71200 has a total call value of 0 versus a total put value of 457,127,000,000 Combined total value = 457,127,000,000
Strike 71300 has a total call value of 0 versus a total put value of 445,394,000,000 Combined total value = 445,394,000,000
Strike 71400 has a total call value of 0 versus a total put value of 433,661,000,000 Combined total value = 433,661,000,000
Strike 71500 has a total call value of 0 versus a total put value of 421,928,000,000 Combined total value = 421,928,000,000
Strike 71600 has a total call value of 0 versus a total put value of 410,195,000,000 Combined total value = 410,195,000,000
Strike 71700 has a total call value of 0 versus a total put value of 398,462,000,000 Combined total value = 398,462,000,000
Strike 71800 has a total call value of 0 versus a total put value of 386,729,000,000 Combined total value = 386,729,000,000
Strike 71900 has a total call value of 0 versus a total put value of 374,996,000,000 Combined total value = 374,996,000,000
Strike 72000 has a total call value of 0 versus a total put value of 363,263,000,000 Combined total value = 363,263,000,000
Strike 72100 has a total call value of 0 versus a total put value of 352,090,000,000 Combined total value = 352,090,000,000
Strike 72200 has a total call value of 1,000,000 versus a total put value of 340,917,000,000 Combined total value = 340,918,000,000
Strike 72300 has a total call value of 2,000,000 versus a total put value of 329,744,000,000 Combined total value = 329,746,000,000
Strike 72400 has a total call value of 3,000,000 versus a total put value of 318,571,000,000 Combined total value = 318,574,000,000
Strike 72500 has a total call value of 4,000,000 versus a total put value of 307,398,000,000 Combined total value = 307,402,000,000
Strike 72600 has a total call value of 5,000,000 versus a total put value of 296,227,000,000 Combined total value = 296,232,000,000
Strike 72700 has a total call value of 6,000,000 versus a total put value of 285,056,000,000 Combined total value = 285,062,000,000
Strike 72800 has a total call value of 7,000,000 versus a total put value of 273,885,000,000 Combined total value = 273,892,000,000
Strike 72900 has a total call value of 8,000,000 versus a total put value of 262,714,000,000 Combined total value = 262,722,000,000
Strike 73000 has a total call value of 9,000,000 versus a total put value of 251,543,000,000 Combined total value = 251,552,000,000
Strike 73100 has a total call value of 80,000,000 versus a total put value of 241,381,000,000 Combined total value = 241,461,000,000
Strike 73200 has a total call value of 151,000,000 versus a total put value of 231,219,000,000 Combined total value = 231,370,000,000
Strike 73300 has a total call value of 222,000,000 versus a total put value of 221,057,000,000 Combined total value = 221,279,000,000
Strike 73400 has a total call value of 293,000,000 versus a total put value of 210,895,000,000 Combined total value = 211,188,000,000
Strike 73500 has a total call value of 364,000,000 versus a total put value of 200,733,000,000 Combined total value = 201,097,000,000
Strike 73600 has a total call value of 437,000,000 versus a total put value of 190,733,000,000 Combined total value = 191,170,000,000
Strike 73700 has a total call value of 510,000,000 versus a total put value of 180,734,000,000 Combined total value = 181,244,000,000
Strike 73800 has a total call value of 584,000,000 versus a total put value of 170,735,000,000 Combined total value = 171,319,000,000
Strike 73900 has a total call value of 659,000,000 versus a total put value of 160,736,000,000 Combined total value = 161,395,000,000
Strike 74000 has a total call value of 734,000,000 versus a total put value of 150,737,000,000 Combined total value = 151,471,000,000
Strike 74100 has a total call value of 1,009,000,000 versus a total put value of 143,203,000,000 Combined total value = 144,212,000,000
Strike 74200 has a total call value of 1,288,000,000 versus a total put value of 135,677,000,000 Combined total value = 136,965,000,000
Strike 74300 has a total call value of 1,570,000,000 versus a total put value of 128,165,000,000 Combined total value = 129,735,000,000
Strike 74400 has a total call value of 1,855,000,000 versus a total put value of 120,658,000,000 Combined total value = 122,513,000,000
Strike 74500 has a total call value of 2,140,000,000 versus a total put value of 113,152,000,000 Combined total value = 115,292,000,000
Strike 74600 has a total call value of 2,519,000,000 versus a total put value of 106,102,000,000 Combined total value = 108,621,000,000
Strike 74700 has a total call value of 2,899,000,000 versus a total put value of 99,053,000,000 Combined total value = 101,952,000,000
Strike 74800 has a total call value of 3,281,000,000 versus a total put value of 92,012,000,000 Combined total value = 95,293,000,000
Strike 74900 has a total call value of 3,667,000,000 versus a total put value of 84,971,000,000 Combined total value = 88,638,000,000
Strike 75000 has a total call value of 4,054,000,000 versus a total put value of 77,930,000,000 Combined total value = 81,984,000,000
Strike 75100 has a total call value of 5,406,000,000 versus a total put value of 73,322,000,000 Combined total value = 78,728,000,000
Strike 75200 has a total call value of 6,762,000,000 versus a total put value of 68,715,000,000 Combined total value = 75,477,000,000
Strike 75300 has a total call value of 8,139,000,000 versus a total put value of 64,109,000,000 Combined total value = 72,248,000,000
Strike 75400 has a total call value of 9,518,000,000 versus a total put value of 59,506,000,000 Combined total value = 69,024,000,000
Strike 75500 has a total call value of 10,899,000,000 versus a total put value of 54,904,000,000 Combined total value = 65,803,000,000
Strike 75600 has a total call value of 12,534,000,000 versus a total put value of 51,416,000,000 Combined total value = 63,950,000,000
Strike 75700 has a total call value of 14,170,000,000 versus a total put value of 47,929,000,000 Combined total value = 62,099,000,000
Strike 75800 has a total call value of 15,808,000,000 versus a total put value of 44,442,000,000 Combined total value = 60,250,000,000
Strike 75900 has a total call value of 17,447,000,000 versus a total put value of 40,956,000,000 Combined total value = 58,403,000,000
Strike 76000 has a total call value of 19,088,000,000 versus a total put value of 37,470,000,000 Combined total value = 56,558,000,000
Strike 76100 has a total call value of 22,116,000,000 versus a total put value of 35,427,000,000 Combined total value = 57,543,000,000
Strike 76200 has a total call value of 25,147,000,000 versus a total put value of 33,385,000,000 Combined total value = 58,532,000,000
Strike 76300 has a total call value of 28,179,000,000 versus a total put value of 31,343,000,000 Combined total value = 59,522,000,000
Strike 76400 has a total call value of 31,211,000,000 versus a total put value of 29,301,000,000 Combined total value = 60,512,000,000
Strike 76500 has a total call value of 34,250,000,000 versus a total put value of 27,260,000,000 Combined total value = 61,510,000,000
Strike 76600 has a total call value of 38,168,000,000 versus a total put value of 25,543,000,000 Combined total value = 63,711,000,000
Strike 76700 has a total call value of 42,093,000,000 versus a total put value of 23,826,000,000 Combined total value = 65,919,000,000
Strike 76800 has a total call value of 46,022,000,000 versus a total put value of 22,109,000,000 Combined total value = 68,131,000,000
Strike 76900 has a total call value of 49,952,000,000 versus a total put value of 20,392,000,000 Combined total value = 70,344,000,000
Strike 77000 has a total call value of 53,886,000,000 versus a total put value of 18,675,000,000 Combined total value = 72,561,000,000
Strike 77100 has a total call value of 60,961,000,000 versus a total put value of 17,418,000,000 Combined total value = 78,379,000,000
Strike 77200 has a total call value of 68,039,000,000 versus a total put value of 16,162,000,000 Combined total value = 84,201,000,000
Strike 77300 has a total call value of 75,120,000,000 versus a total put value of 14,907,000,000 Combined total value = 90,027,000,000
Strike 77400 has a total call value of 82,205,000,000 versus a total put value of 13,652,000,000 Combined total value = 95,857,000,000
Strike 77500 has a total call value of 89,290,000,000 versus a total put value of 12,399,000,000 Combined total value = 101,689,000,000
Strike 77600 has a total call value of 96,733,000,000 versus a total put value of 11,216,000,000 Combined total value = 107,949,000,000
Strike 77700 has a total call value of 104,177,000,000 versus a total put value of 10,034,000,000 Combined total value = 114,211,000,000
Strike 77800 has a total call value of 111,623,000,000 versus a total put value of 8,853,000,000 Combined total value = 120,476,000,000
Strike 77900 has a total call value of 119,070,000,000 versus a total put value of 7,675,000,000 Combined total value = 126,745,000,000
Strike 78000 has a total call value of 126,518,000,000 versus a total put value of 6,500,000,000 Combined total value = 133,018,000,000
Strike 78100 has a total call value of 135,981,000,000 versus a total put value of 5,929,000,000 Combined total value = 141,910,000,000
Strike 78200 has a total call value of 145,445,000,000 versus a total put value of 5,358,000,000 Combined total value = 150,803,000,000
Strike 78300 has a total call value of 154,912,000,000 versus a total put value of 4,788,000,000 Combined total value = 159,700,000,000
Strike 78400 has a total call value of 164,384,000,000 versus a total put value of 4,218,000,000 Combined total value = 168,602,000,000
Strike 78500 has a total call value of 173,859,000,000 versus a total put value of 3,648,000,000 Combined total value = 177,507,000,000
Strike 78600 has a total call value of 183,807,000,000 versus a total put value of 3,100,000,000 Combined total value = 186,907,000,000
Strike 78700 has a total call value of 193,756,000,000 versus a total put value of 2,553,000,000 Combined total value = 196,309,000,000
Strike 78800 has a total call value of 203,706,000,000 versus a total put value of 2,006,000,000 Combined total value = 205,712,000,000
Strike 78900 has a total call value of 213,658,000,000 versus a total put value of 1,462,000,000 Combined total value = 215,120,000,000
Strike 79000 has a total call value of 223,612,000,000 versus a total put value of 918,000,000 Combined total value = 224,530,000,000
Strike 79100 has a total call value of 236,744,000,000 versus a total put value of 823,000,000 Combined total value = 237,567,000,000
Strike 79200 has a total call value of 249,880,000,000 versus a total put value of 729,000,000 Combined total value = 250,609,000,000
Strike 79300 has a total call value of 263,016,000,000 versus a total put value of 635,000,000 Combined total value = 263,651,000,000
Strike 79400 has a total call value of 276,152,000,000 versus a total put value of 541,000,000 Combined total value = 276,693,000,000
Strike 79500 has a total call value of 289,290,000,000 versus a total put value of 447,000,000 Combined total value = 289,737,000,000
Strike 79600 has a total call value of 303,150,000,000 versus a total put value of 361,000,000 Combined total value = 303,511,000,000
Strike 79700 has a total call value of 317,011,000,000 versus a total put value of 275,000,000 Combined total value = 317,286,000,000
Strike 79800 has a total call value of 330,872,000,000 versus a total put value of 190,000,000 Combined total value = 331,062,000,000
Strike 79900 has a total call value of 344,733,000,000 versus a total put value of 105,000,000 Combined total value = 344,838,000,000
Strike 80000 has a total call value of 358,594,000,000 versus a total put value of 20,000,000 Combined total value = 358,614,000,000
Strike 80100 has a total call value of 374,770,000,000 versus a total put value of 18,000,000 Combined total value = 374,788,000,000
Strike 80200 has a total call value of 390,946,000,000 versus a total put value of 16,000,000 Combined total value = 390,962,000,000
Strike 80300 has a total call value of 407,122,000,000 versus a total put value of 14,000,000 Combined total value = 407,136,000,000
Strike 80400 has a total call value of 423,298,000,000 versus a total put value of 12,000,000 Combined total value = 423,310,000,000
Strike 80500 has a total call value of 439,474,000,000 versus a total put value of 10,000,000 Combined total value = 439,484,000,000
Strike 80600 has a total call value of 455,849,000,000 versus a total put value of 8,000,000 Combined total value = 455,857,000,000
Strike 80700 has a total call value of 472,224,000,000 versus a total put value of 6,000,000 Combined total value = 472,230,000,000
Strike 80800 has a total call value of 488,599,000,000 versus a total put value of 4,000,000 Combined total value = 488,603,000,000
Strike 80900 has a total call value of 504,974,000,000 versus a total put value of 2,000,000 Combined total value = 504,976,000,000
Strike 81000 has a total call value of 521,349,000,000 versus a total put value of 0 Combined total value = 521,349,000,000
Strike 81100 has a total call value of 539,550,000,000 versus a total put value of 0 Combined total value = 539,550,000,000
Strike 81200 has a total call value of 557,751,000,000 versus a total put value of 0 Combined total value = 557,751,000,000
Strike 81300 has a total call value of 575,952,000,000 versus a total put value of 0 Combined total value = 575,952,000,000
Strike 81400 has a total call value of 594,153,000,000 versus a total put value of 0 Combined total value = 594,153,000,000
Strike 81500 has a total call value of 612,354,000,000 versus a total put value of 0 Combined total value = 612,354,000,000
Strike 81600 has a total call value of 630,719,000,000 versus a total put value of 0 Combined total value = 630,719,000,000
Strike 81700 has a total call value of 649,084,000,000 versus a total put value of 0 Combined total value = 649,084,000,000
Strike 81800 has a total call value of 667,449,000,000 versus a total put value of 0 Combined total value = 667,449,000,000
Strike 81900 has a total call value of 685,814,000,000 versus a total put value of 0 Combined total value = 685,814,000,000
Strike 82000 has a total call value of 704,179,000,000 versus a total put value of 0 Combined total value = 704,179,000,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 425.6 | 470 |
| ABB | 6760.8 | 7000 |
| ABBOTINDIA | 27114.7 | 28000 |
| ABCAPITAL | 183.01 | 200 |
| ABFRL | 284.4 | 305 |
| ACC | 2027.2 | 2220 |
| ADANIENT | 2183.65 | 2500 |
| ADANIPORTS | 1114.65 | 1200 |
| ALKEM | 5604.75 | 5600 |
| AMBUJACEM | 484.15 | 530 |
| APOLLOHOSP | 6742.5 | 6900 |
| APOLLOTYRE | 481.3 | 480 |
| ASHOKLEY | 218.9 | 220 |
| ASIANPAINT | 2428.15 | 2540 |
| ASTRAL | 1713.9 | 1780 |
| ATUL | 7241.95 | 7500 |
| AUBANK | 593.9 | 590 |
| AUROPHARMA | 1220 | 1300 |
| AXISBANK | 1139.15 | 1150 |
| BAJAJ-AUTO | 9505 | 9700 |
| BAJAJFINSV | 1569.25 | 1620 |
| BAJFINANCE | 6465.65 | 6700 |
| BALKRISIND | 2721.95 | 2800 |
| BANDHANBNK | 165.86 | 180 |
| BANKBARODA | 228.5 | 240 |
| BATAINDIA | 1281.55 | 1310 |
| BEL | 275.45 | 285 |
| BERGEPAINT | 465.5 | 495 |
| BHARATFORG | 1296.2 | 1340 |
| BHARTIARTL | 1525.15 | 1560 |
| BHEL | 227.94 | 235 |
| BIOCON | 323.1 | 330 |
| BOSCHLTD | 34108.7 | 34000 |
| BPCL | 282.4 | 295 |
| BRITANNIA | 4803.35 | 5000 |
| BSOFT | 545.4 | 560 |
| CANBK | 94.46 | 100 |
| CANFINHOME | 822.65 | 830 |
| CHAMBLFERT | 455.4 | 480 |
| CHOLAFIN | 1204.9 | 1260 |
| CIPLA | 1465.5 | 1520 |
| COALINDIA | 406 | 425 |
| COFORGE | 8210.1 | 8000 |
| COLPAL | 2690.3 | 2850 |
| CONCOR | 769.95 | 810 |
| COROMANDEL | 1768 | 1720 |
| CROMPTON | 381.95 | 390 |
| CUB | 170.09 | 175 |
| CUMMINSIND | 3282.25 | 3400 |
| DABUR | 505.75 | 525 |
| DALBHARAT | 1771.6 | 1760 |
| DEEPAKNTR | 2619.2 | 2650 |
| DIVISLAB | 5977.1 | 5900 |
| DIXON | 14995.45 | 14750 |
| DLF | 773.95 | 780 |
| DRREDDY | 1195.35 | 1220 |
| EICHERMOT | 4882.1 | 4900 |
| ESCORTS | 3454.4 | 3600 |
| EXIDEIND | 415.35 | 440 |
| FEDERALBNK | 210.88 | 205 |
| GAIL | 188.3 | 195 |
| GLENMARK | 1466.4 | 1540 |
| GMRINFRA | 76.85 | 82 |
| GNFC | 555.55 | 570 |
| GODREJCP | 1178.7 | 1200 |
| GODREJPROP | 2704.8 | 2750 |
| GRANULES | 544.85 | 570 |
| GRASIM | 2534.85 | 2540 |
| GUJGASLTD | 453.6 | 480 |
| HAL | 3983.45 | 4200 |
| HAVELLS | 1636.1 | 1640 |
| HCLTECH | 1836.35 | 1820 |
| HDFCAMC | 4214.1 | 4300 |
| HDFCBANK | 1741.2 | 1740 |
| HDFCLIFE | 674.4 | 680 |
| HEROMOTOCO | 4767.85 | 4800 |
| HINDALCO | 648.05 | 650 |
| HINDCOPPER | 261.5 | 290 |
| HINDPETRO | 360.1 | 375 |
| HINDUNILVR | 2382.8 | 2480 |
| ICICIBANK | 1250.55 | 1260 |
| ICICIGI | 1804.7 | 1880 |
| ICICIPRULI | 678.55 | 700 |
| IDEA | 6.91 | 8 |
| IDFCFIRSTB | 62.94 | 66 |
| IEX | 161.33 | 170 |
| IGL | 311.4 | 330 |
| INDHOTEL | 786.8 | 760 |
| INDIAMART | 2253.95 | 2350 |
| INDIGO | 4069.8 | 4050 |
| INDUSINDBK | 981.45 | 1040 |
| INDUSTOWER | 329.1 | 340 |
| INFY | 1834.05 | 1800 |
| IOC | 130.71 | 140 |
| IPCALAB | 1573.55 | 1560 |
| IRCTC | 793.85 | 830 |
| ITC | 457.15 | 475 |
| JINDALSTEL | 871.2 | 900 |
| JKCEMENT | 4003 | 4000 |
| JSWSTEEL | 944.15 | 960 |
| JUBLFOOD | 610.2 | 620 |
| KOTAKBANK | 1737.1 | 1760 |
| LALPATHLAB | 3026.1 | 3100 |
| LAURUSLABS | 489.15 | 490 |
| LICHSGFIN | 611.25 | 630 |
| LT | 3483.5 | 3600 |
| LTF | 137.74 | 140 |
| LTIM | 5931.05 | 5900 |
| LTTS | 5165.7 | 5150 |
| LUPIN | 2043 | 2100 |
| M&M | 2936.25 | 2900 |
| M&MFIN | 256.25 | 265 |
| MANAPPURAM | 150.29 | 155 |
| MARICO | 591.05 | 600 |
| MARUTI | 10861.45 | 11000 |
| MCX | 6166.5 | 6200 |
| METROPOLIS | 2015.75 | 2060 |
| MFSL | 1173.5 | 1200 |
| MGL | 1125.35 | 1160 |
| MOTHERSON | 161.84 | 175 |
| MPHASIS | 2786.2 | 2850 |
| MRF | 123509.9 | 122500 |
| MUTHOOTFIN | 1899.55 | 1880 |
| NATIONALUM | 248.21 | 240 |
| NAUKRI | 7515.35 | 7700 |
| NAVINFLUOR | 3262.45 | 3400 |
| NESTLEIND | 2211.2 | 2280 |
| NMDC | 217.63 | 225 |
| NTPC | 356.15 | 370 |
| OBEROIRLTY | 1917.35 | 1960 |
| OFSS | 11141.9 | 11500 |
| ONGC | 242.15 | 250 |
| PAGEIND | 44447.7 | 45500 |
| PEL | 1054.95 | 1060 |
| PERSISTENT | 5725.5 | 5600 |
| PETRONET | 321.85 | 328 |
| PFC | 453.35 | 460 |
| PIDILITIND | 2938.05 | 3060 |
| PIIND | 4138.7 | 4200 |
| PNB | 96.37 | 102 |
| POLYCAB | 6408.35 | 6500 |
| POWERGRID | 325.9 | 320 |
| PVRINOX | 1445.2 | 1480 |
| RAMCOCEM | 914.95 | 900 |
| RBLBANK | 156.23 | 160 |
| RECLTD | 490.95 | 510 |
| RELIANCE | 1223 | 1290 |
| SAIL | 110.59 | 117.5 |
| SBICARD | 675.05 | 690 |
| SBILIFE | 1477.95 | 1520 |
| SBIN | 780.75 | 800 |
| SHREECEM | 24052.85 | 24500 |
| SHRIRAMFIN | 2802.2 | 2900 |
| SIEMENS | 6641.65 | 6800 |
| SRF | 2143.65 | 2260 |
| SUNPHARMA | 1780 | 1800 |
| SUNTV | 728.05 | 730 |
| SYNGENE | 846.9 | 870 |
| TATACHEM | 1045.1 | 1100 |
| TATACOMM | 1711.55 | 1780 |
| TATACONSUM | 911.7 | 950 |
| TATAMOTORS | 773.85 | 800 |
| TATAPOWER | 408.05 | 420 |
| TATASTEEL | 140.22 | 145 |
| TCS | 4072.85 | 4100 |
| TECHM | 1702.25 | 1680 |
| TITAN | 3178.45 | 3200 |
| TORNTPHARM | 3101.95 | 3150 |
| TRENT | 6460.45 | 6600 |
| TVSMOTOR | 2388.45 | 2450 |
| UBL | 1827.95 | 1880 |
| ULTRACEMCO | 10954.85 | 11000 |
| UNITDSPR | 1493.05 | 1480 |
| UPL | 555.75 | 540 |
| VEDL | 442.8 | 460 |
| VOLTAS | 1675.5 | 1700 |
| WIPRO | 557.15 | 560 |
| ZYDUSLIFE | 944.05 | 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.
