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HAL
Hindustan Aeronautics Ltd

4319.2 84.81 (2.00%)

Max pain for HAL

03 Apr 2025 04:12 PM IST

Max Pain for HAL is 4250  



Strike  2800  has a total call value of 0  versus a total put value of  438,289,500,000 Combined total value = 438,289,500,000

Strike  2850  has a total call value of 0  versus a total put value of  420,267,000,000 Combined total value = 420,267,000,000

Strike  2900  has a total call value of 0  versus a total put value of  402,244,500,000 Combined total value = 402,244,500,000

Strike  2950  has a total call value of 0  versus a total put value of  384,306,750,000 Combined total value = 384,306,750,000

Strike  3000  has a total call value of 0  versus a total put value of  366,372,000,000 Combined total value = 366,372,000,000

Strike  3050  has a total call value of 0  versus a total put value of  348,911,250,000 Combined total value = 348,911,250,000

Strike  3100  has a total call value of 0  versus a total put value of  331,450,500,000 Combined total value = 331,450,500,000

Strike  3150  has a total call value of 0  versus a total put value of  314,055,000,000 Combined total value = 314,055,000,000

Strike  3200  has a total call value of 0  versus a total put value of  296,659,500,000 Combined total value = 296,659,500,000

Strike  3250  has a total call value of 0  versus a total put value of  279,377,250,000 Combined total value = 279,377,250,000

Strike  3300  has a total call value of 0  versus a total put value of  262,095,000,000 Combined total value = 262,095,000,000

Strike  3350  has a total call value of 0  versus a total put value of  245,031,750,000 Combined total value = 245,031,750,000

Strike  3400  has a total call value of 0  versus a total put value of  228,035,250,000 Combined total value = 228,035,250,000

Strike  3450  has a total call value of 47,250,000  versus a total put value of  211,394,250,000 Combined total value = 211,441,500,000

Strike  3500  has a total call value of 94,500,000  versus a total put value of  194,798,250,000 Combined total value = 194,892,750,000

Strike  3550  has a total call value of 336,000,000  versus a total put value of  179,041,500,000 Combined total value = 179,377,500,000

Strike  3600  has a total call value of 577,500,000  versus a total put value of  163,452,750,000 Combined total value = 164,030,250,000

Strike  3650  has a total call value of 1,019,250,000  versus a total put value of  148,470,750,000 Combined total value = 149,490,000,000

Strike  3700  has a total call value of 1,461,000,000  versus a total put value of  133,593,750,000 Combined total value = 135,054,750,000

Strike  3750  has a total call value of 2,055,000,000  versus a total put value of  119,583,750,000 Combined total value = 121,638,750,000

Strike  3800  has a total call value of 2,690,250,000  versus a total put value of  105,809,250,000 Combined total value = 108,499,500,000

Strike  3850  has a total call value of 3,615,000,000  versus a total put value of  93,078,750,000 Combined total value = 96,693,750,000

Strike  3900  has a total call value of 4,567,500,000  versus a total put value of  80,588,250,000 Combined total value = 85,155,750,000

Strike  3950  has a total call value of 5,904,750,000  versus a total put value of  69,214,500,000 Combined total value = 75,119,250,000

Strike  4000  has a total call value of 7,302,000,000  versus a total put value of  57,999,000,000 Combined total value = 65,301,000,000

Strike  4050  has a total call value of 9,420,750,000  versus a total put value of  48,492,000,000 Combined total value = 57,912,750,000

Strike  4100  has a total call value of 11,703,000,000  versus a total put value of  39,290,250,000 Combined total value = 50,993,250,000

Strike  4150  has a total call value of 14,859,750,000  versus a total put value of  31,053,750,000 Combined total value = 45,913,500,000

Strike  4200  has a total call value of 18,465,000,000  versus a total put value of  23,722,500,000 Combined total value = 42,187,500,000

Strike  4250  has a total call value of 23,751,000,000  versus a total put value of  18,341,250,000 Combined total value = 42,092,250,000

Strike  4300  has a total call value of 29,857,500,000  versus a total put value of  13,665,750,000 Combined total value = 43,523,250,000

Strike  4350  has a total call value of 38,470,500,000  versus a total put value of  10,524,000,000 Combined total value = 48,994,500,000

Strike  4400  has a total call value of 48,054,750,000  versus a total put value of  7,839,000,000 Combined total value = 55,893,750,000

Strike  4450  has a total call value of 60,248,250,000  versus a total put value of  5,842,500,000 Combined total value = 66,090,750,000

Strike  4500  has a total call value of 73,077,000,000  versus a total put value of  3,938,250,000 Combined total value = 77,015,250,000

Strike  4550  has a total call value of 89,228,250,000  versus a total put value of  2,681,250,000 Combined total value = 91,909,500,000

Strike  4600  has a total call value of 105,676,500,000  versus a total put value of  1,443,000,000 Combined total value = 107,119,500,000

Strike  4650  has a total call value of 123,974,250,000  versus a total put value of  1,028,250,000 Combined total value = 125,002,500,000

Strike  4700  has a total call value of 142,542,000,000  versus a total put value of  613,500,000 Combined total value = 143,155,500,000

Strike  4750  has a total call value of 162,390,750,000  versus a total put value of  344,250,000 Combined total value = 162,735,000,000

Strike  4800  has a total call value of 182,363,250,000  versus a total put value of  75,000,000 Combined total value = 182,438,250,000

Strike  4850  has a total call value of 206,121,000,000  versus a total put value of  56,250,000 Combined total value = 206,177,250,000

Strike  4900  has a total call value of 229,956,000,000  versus a total put value of  37,500,000 Combined total value = 229,993,500,000

Strike  4950  has a total call value of 254,054,250,000  versus a total put value of  18,750,000 Combined total value = 254,073,000,000

Strike  5000  has a total call value of 278,211,000,000  versus a total put value of  0 Combined total value = 278,211,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 4319.2 400
ABB 4319.2 5400
ABCAPITAL 4319.2 190
ABFRL 4319.2 265
ACC 4319.2 2000
ADANIENSOL 4319.2 860
ADANIENT 4319.2 2500
ADANIGREEN 4319.2 940
ADANIPORTS 4319.2 1200
ALKEM 4319.2 4950
AMBUJACEM 4319.2 550
ANGELONE 4319.2 2300
APLAPOLLO 4319.2 1520
APOLLOHOSP 4319.2 6700
APOLLOTYRE 4319.2 430
ASHOKLEY 4319.2 210
ASIANPAINT 4319.2 2340
ASTRAL 4319.2 1340
ATGL 4319.2 600
AUBANK 4319.2 550
AUROPHARMA 4319.2 1200
AXISBANK 4319.2 1100
BAJAJ-AUTO 4319.2 8000
BAJAJFINSV 4319.2 1940
BAJFINANCE 4319.2 8700
BALKRISIND 4319.2 2540
BANDHANBNK 4319.2 152.5
BANKBARODA 4319.2 232.5
BANKINDIA 4319.2 111
BEL 4319.2 290
BERGEPAINT 4319.2 500
BHARATFORG 4319.2 1160
BHARTIARTL 4319.2 1740
BHEL 4319.2 220
BIOCON 4319.2 350
BOSCHLTD 4319.2 28000
BPCL 4319.2 280
BRITANNIA 4319.2 4950
BSE 4319.2 5200
BSOFT 4319.2 400
CAMS 4319.2 3700
CANBK 4319.2 92
CDSL 4319.2 1200
CESC 4319.2 155
CGPOWER 4319.2 640
CHAMBLFERT 4319.2 620
CHOLAFIN 4319.2 1500
CIPLA 4319.2 1480
COALINDIA 4319.2 405
COFORGE 4319.2 7500
COLPAL 4319.2 2400
CONCOR 4319.2 710
CROMPTON 4319.2 350
CUMMINSIND 4319.2 3050
CYIENT 4319.2 1240
DABUR 4319.2 480
DALBHARAT 4319.2 1800
DEEPAKNTR 4319.2 2000
DELHIVERY 4319.2 260
DIVISLAB 4319.2 5800
DIXON 4319.2 13500
DLF 4319.2 690
DMART 4319.2 4100
DRREDDY 4319.2 1160
EICHERMOT 4319.2 5400
ESCORTS 4319.2 3250
EXIDEIND 4319.2 370
FEDERALBNK 4319.2 195
GAIL 4319.2 182.5
GLENMARK 4319.2 1520
GMRAIRPORT 4319.2 80
GODREJCP 4319.2 1150
GODREJPROP 4319.2 2100
GOLDM 4319.2 89000
GRANULES 4319.2 500
GRASIM 4319.2 2600
HAL 4319.2 4250
HAVELLS 4319.2 1520
HCLTECH 4319.2 1520
HDFCAMC 4319.2 4050
HDFCBANK 4319.2 1800
HDFCLIFE 4319.2 690
HEROMOTOCO 4319.2 3750
HFCL 4319.2 82.5
HINDALCO 4319.2 670
HINDCOPPER 4319.2 230
HINDPETRO 4319.2 360
HINDUNILVR 4319.2 2260
HINDZINC 4319.2 460
HUDCO 4319.2 205
ICICIBANK 4319.2 1340
ICICIGI 4319.2 1800
ICICIPRULI 4319.2 570
IDEA 4319.2 8
IDFCFIRSTB 4319.2 59
IEX 4319.2 180
IGL 4319.2 200
IIFL 4319.2 335
INDHOTEL 4319.2 820
INDIANB 4319.2 550
INDIGO 4319.2 5000
INDUSINDBK 4319.2 700
INDUSTOWER 4319.2 350
INFY 4319.2 1540
INOXWIND 4319.2 165
IOC 4319.2 132
IRB 4319.2 46
IRCTC 4319.2 740
IREDA 4319.2 160
IRFC 4319.2 125
ITC 4319.2 410
JINDALSTEL 4319.2 920
JIOFIN 4319.2 230
JSL 4319.2 600
JSWENERGY 4319.2 540
JSWSTEEL 4319.2 1050
JUBLFOOD 4319.2 670
KALYANKJIL 4319.2 500
KEI 4319.2 2900
KOTAKBANK 4319.2 2120
KPITTECH 4319.2 1240
LAURUSLABS 4319.2 610
LICHSGFIN 4319.2 570
LICI 4319.2 800
LODHA 4319.2 1200
LT 4319.2 3460
LTF 4319.2 152.5
LTIM 4319.2 4500
LUPIN 4319.2 2100
M&M 4319.2 2700
M&MFIN 4319.2 275
MANAPPURAM 4319.2 230
MARICO 4319.2 650
MARUTI 4319.2 11700
MAXHEALTH 4319.2 1120
MCX 4319.2 5400
MFSL 4319.2 1140
MGL 4319.2 1400
MOTHERSON 4319.2 130
MPHASIS 4319.2 2450
MRF 4319.2 114000
MUTHOOTFIN 4319.2 2300
NATIONALUM 4319.2 180
NAUKRI 4319.2 6900
NBCC 4319.2 82.5
NCC 4319.2 215
NESTLEIND 4319.2 2240
NHPC 4319.2 84
NMDC 4319.2 70
NTPC 4319.2 360
NYKAA 4319.2 177.5
OBEROIRLTY 4319.2 1600
OFSS 4319.2 7750
OIL 4319.2 390
ONGC 4319.2 250
PAGEIND 4319.2 43000
PATANJALI 4319.2 1820
PAYTM 4319.2 800
PEL 4319.2 1000
PERSISTENT 4319.2 5000
PETRONET 4319.2 300
PFC 4319.2 420
PHOENIXLTD 4319.2 1600
PIDILITIND 4319.2 2840
PIIND 4319.2 3500
PNB 4319.2 98
PNBHOUSING 4319.2 900
POLICYBZR 4319.2 1580
POLYCAB 4319.2 5200
POONAWALLA 4319.2 340
POWERGRID 4319.2 295
PRESTIGE 4319.2 1180
RAMCOCEM 4319.2 920
RBLBANK 4319.2 175
RECLTD 4319.2 430
RELIANCE 4319.2 1280
SAIL 4319.2 120
SBICARD 4319.2 860
SBILIFE 4319.2 1540
SBIN 4319.2 780
SHREECEM 4319.2 30500
SHRIRAMFIN 4319.2 650
SIEMENS 4319.2 5300
SILVER 4319.2 97000
SJVN 4319.2 92.5
SOLARINDS 4319.2 11100
SONACOMS 4319.2 460
SRF 4319.2 2900
SUNPHARMA 4319.2 1740
SUPREMEIND 4319.2 3500
SYNGENE 4319.2 740
TATACHEM 4319.2 860
TATACOMM 4319.2 1600
TATACONSUM 4319.2 1040
TATAELXSI 4319.2 5200
TATAMOTORS 4319.2 680
TATAPOWER 4319.2 395
TATASTEEL 4319.2 155
TATATECH 4319.2 680
TCS 4319.2 3540
TECHM 4319.2 1400
TIINDIA 4319.2 2750
TITAGARH 4319.2 800
TITAN 4319.2 3100
TORNTPHARM 4319.2 3250
TORNTPOWER 4319.2 1500
TRENT 4319.2 5600
TVSMOTOR 4319.2 2460
ULTRACEMCO 4319.2 11400
UNIONBANK 4319.2 128
UNITDSPR 4319.2 1400
UPL 4319.2 650
VBL 4319.2 530
VEDL 4319.2 460
VOLTAS 4319.2 1380
WIPRO 4319.2 262.5
YESBANK 4319.2 17
ZOMATO 4319.2 210
ZYDUSLIFE 4319.2 910

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.