HDFCBANK
Hdfc Bank Ltd
Max pain for HDFCBANK
19 Feb 2025 12:52 PM IST
Max Pain for HDFCBANK is 1720
Strike 1360 has a total call value of 0 versus a total put value of 609,671,700,000 Combined total value = 609,671,700,000
Strike 1380 has a total call value of 0 versus a total put value of 570,603,000,000 Combined total value = 570,603,000,000
Strike 1400 has a total call value of 0 versus a total put value of 531,534,300,000 Combined total value = 531,534,300,000
Strike 1420 has a total call value of 0 versus a total put value of 492,884,700,000 Combined total value = 492,884,700,000
Strike 1440 has a total call value of 0 versus a total put value of 454,235,100,000 Combined total value = 454,235,100,000
Strike 1460 has a total call value of 0 versus a total put value of 415,740,600,000 Combined total value = 415,740,600,000
Strike 1480 has a total call value of 0 versus a total put value of 377,323,100,000 Combined total value = 377,323,100,000
Strike 1500 has a total call value of 0 versus a total put value of 339,187,200,000 Combined total value = 339,187,200,000
Strike 1520 has a total call value of 94,600,000 versus a total put value of 302,341,600,000 Combined total value = 302,436,200,000
Strike 1540 has a total call value of 189,200,000 versus a total put value of 266,283,600,000 Combined total value = 266,472,800,000
Strike 1560 has a total call value of 283,800,000 versus a total put value of 231,319,000,000 Combined total value = 231,602,800,000
Strike 1580 has a total call value of 378,400,000 versus a total put value of 197,703,000,000 Combined total value = 198,081,400,000
Strike 1600 has a total call value of 473,000,000 versus a total put value of 164,998,900,000 Combined total value = 165,471,900,000
Strike 1620 has a total call value of 1,108,800,000 versus a total put value of 135,358,300,000 Combined total value = 136,467,100,000
Strike 1640 has a total call value of 1,744,600,000 versus a total put value of 107,248,900,000 Combined total value = 108,993,500,000
Strike 1660 has a total call value of 3,096,500,000 versus a total put value of 82,100,700,000 Combined total value = 85,197,200,000
Strike 1680 has a total call value of 5,541,800,000 versus a total put value of 60,402,100,000 Combined total value = 65,943,900,000
Strike 1700 has a total call value of 10,242,100,000 versus a total put value of 42,813,100,000 Combined total value = 53,055,200,000
Strike 1720 has a total call value of 20,380,800,000 versus a total put value of 31,201,500,000 Combined total value = 51,582,300,000
Strike 1740 has a total call value of 34,844,700,000 versus a total put value of 22,447,700,000 Combined total value = 57,292,400,000
Strike 1760 has a total call value of 56,563,100,000 versus a total put value of 16,432,900,000 Combined total value = 72,996,000,000
Strike 1780 has a total call value of 97,398,400,000 versus a total put value of 12,438,800,000 Combined total value = 109,837,200,000
Strike 1800 has a total call value of 143,426,800,000 versus a total put value of 8,816,500,000 Combined total value = 152,243,300,000
Strike 1820 has a total call value of 198,418,000,000 versus a total put value of 6,955,300,000 Combined total value = 205,373,300,000
Strike 1840 has a total call value of 256,394,600,000 versus a total put value of 5,325,100,000 Combined total value = 261,719,700,000
Strike 1860 has a total call value of 316,461,200,000 versus a total put value of 3,912,700,000 Combined total value = 320,373,900,000
Strike 1880 has a total call value of 377,961,100,000 versus a total put value of 2,808,300,000 Combined total value = 380,769,400,000
Strike 1900 has a total call value of 440,221,100,000 versus a total put value of 1,703,900,000 Combined total value = 441,925,000,000
Strike 1920 has a total call value of 505,677,700,000 versus a total put value of 1,355,200,000 Combined total value = 507,032,900,000
Strike 1940 has a total call value of 571,764,600,000 versus a total put value of 1,006,500,000 Combined total value = 572,771,100,000
Strike 1960 has a total call value of 638,191,400,000 versus a total put value of 671,000,000 Combined total value = 638,862,400,000
Strike 1980 has a total call value of 704,743,600,000 versus a total put value of 335,500,000 Combined total value = 705,079,100,000
Strike 2000 has a total call value of 771,390,400,000 versus a total put value of 0 Combined total value = 771,390,400,000
Strike 2020 has a total call value of 839,169,100,000 versus a total put value of 0 Combined total value = 839,169,100,000
Strike 2040 has a total call value of 906,947,800,000 versus a total put value of 0 Combined total value = 906,947,800,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 417.2 | 430 |
ABB | 5103.85 | 5200 |
ABBOTINDIA | 29304.25 | 28500 |
ABCAPITAL | 155.74 | 165 |
ABFRL | 252.05 | 260 |
ACC | 1868.75 | 2000 |
ADANIENSOL | 671.7 | 700 |
ADANIENT | 2186.8 | 2300 |
ADANIGREEN | 867.75 | 900 |
ADANIPORTS | 1080.05 | 1100 |
ALKEM | 4732.25 | 4800 |
AMBUJACEM | 481.15 | 500 |
ANGELONE | 2316.3 | 2300 |
APLAPOLLO | 1356.9 | 1400 |
APOLLOHOSP | 6413.55 | 6400 |
APOLLOTYRE | 411.65 | 420 |
ASHOKLEY | 224.62 | 217.5 |
ASIANPAINT | 2235.3 | 2280 |
ASTRAL | 1365.15 | 1400 |
ATGL | 578.7 | 600 |
ATUL | 5565 | 5500 |
AUBANK | 518 | 535 |
AUROPHARMA | 1135.3 | 1160 |
AXISBANK | 1009.2 | 1000 |
BAJAJ-AUTO | 8455.45 | 8700 |
BAJAJFINSV | 1881 | 1840 |
BAJFINANCE | 8487 | 8200 |
BALKRISIND | 2653.05 | 2700 |
BANDHANBNK | 132.5 | 142.5 |
BANKBARODA | 209.17 | 220 |
BANKINDIA | 99.7 | 100 |
BATAINDIA | 1261.65 | 1300 |
BEL | 251.9 | 265 |
BERGEPAINT | 487.75 | 485 |
BHARATFORG | 1068.05 | 1100 |
BHARTIARTL | 1643.95 | 1660 |
BHEL | 193.92 | 200 |
BIOCON | 337.15 | 350 |
BOSCHLTD | 27140.5 | 29000 |
BPCL | 253.4 | 255 |
BRITANNIA | 4838.7 | 4950 |
BSE | 5551.25 | 5400 |
BSOFT | 467 | 500 |
CAMS | 3405 | 3500 |
CANBK | 85.38 | 90 |
CANFINHOME | 599.85 | 640 |
CDSL | 1217.6 | 1220 |
CESC | 132.77 | 130 |
CGPOWER | 588.55 | 590 |
CHAMBLFERT | 541.55 | 530 |
CHOLAFIN | 1376.85 | 1340 |
CIPLA | 1467.85 | 1460 |
COALINDIA | 362.15 | 370 |
COFORGE | 7792.8 | 8000 |
COLPAL | 2454 | 2520 |
CONCOR | 693.05 | 720 |
COROMANDEL | 1715.5 | 1760 |
CROMPTON | 330.45 | 345 |
CUB | 157.27 | 165 |
CUMMINSIND | 2694 | 2800 |
CYIENT | 1476.1 | 1420 |
DABUR | 507.6 | 525 |
DALBHARAT | 1781.15 | 1800 |
DEEPAKNTR | 1912.45 | 2000 |
DELHIVERY | 275.65 | 285 |
DIVISLAB | 5942.9 | 5950 |
DIXON | 14146.25 | 14500 |
DLF | 689.75 | 700 |
DMART | 3678.85 | 3700 |
DRREDDY | 1172.35 | 1180 |
EICHERMOT | 4769.7 | 4850 |
ESCORTS | 3013.05 | 3150 |
EXIDEIND | 364.55 | 370 |
FEDERALBNK | 180.54 | 185 |
GAIL | 162.67 | 165 |
GLENMARK | 1369.65 | 1380 |
GMRAIRPORT | 70 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 544.95 | 550 |
GODREJCP | 1019.7 | 1040 |
GODREJPROP | 2035.75 | 2100 |
GRANULES | 535.15 | 540 |
GRASIM | 2459.8 | 2500 |
GUJGASLTD | 393.95 | 400 |
HAL | 3375 | 3550 |
HAVELLS | 1513.5 | 1560 |
HCLTECH | 1715.2 | 1720 |
HDFCAMC | 3770 | 3850 |
HDFCBANK | 1728.7 | 1720 |
HDFCLIFE | 622.2 | 630 |
HEROMOTOCO | 3883.45 | 4050 |
HFCL | 87.84 | 95 |
HINDALCO | 620.6 | 600 |
HINDCOPPER | 220.07 | 225 |
HINDPETRO | 320.3 | 330 |
HINDUNILVR | 2249.9 | 2320 |
HUDCO | 183.63 | 190 |
ICICIBANK | 1254.65 | 1250 |
ICICIGI | 1739.5 | 1780 |
ICICIPRULI | 575.1 | 590 |
IDEA | 8.3 | 9 |
IDFCFIRSTB | 59.74 | 61 |
IEX | 167.16 | 170 |
IGL | 193.26 | 195 |
INDHOTEL | 745.35 | 750 |
INDIAMART | 2070.55 | 2100 |
INDIANB | 524.45 | 520 |
INDIGO | 4374.35 | 4350 |
INDUSINDBK | 1033.05 | 1040 |
INDUSTOWER | 340.25 | 355 |
INFY | 1828.4 | 1860 |
IOC | 119.01 | 125 |
IPCALAB | 1464 | 1480 |
IRB | 47.17 | 48 |
IRCTC | 727.25 | 760 |
IRFC | 124.88 | 127.5 |
ITC | 407.6 | 420 |
JINDALSTEL | 857.25 | 840 |
JIOFIN | 226.5 | 235 |
JKCEMENT | 4610.15 | 4650 |
JSL | 594.15 | 610 |
JSWENERGY | 455.9 | 450 |
JSWSTEEL | 974.35 | 960 |
JUBLFOOD | 702.8 | 690 |
KALYANKJIL | 490.65 | 500 |
KEI | 3515.35 | 3500 |
KOTAKBANK | 1979.7 | 1940 |
KPITTECH | 1341.55 | 1400 |
LALPATHLAB | 2623.65 | 2700 |
LAURUSLABS | 553.3 | 580 |
LICHSGFIN | 534.5 | 560 |
LICI | 764.2 | 800 |
LODHA | 1192.15 | 1200 |
LT | 3278.7 | 3350 |
LTF | 133.64 | 142.5 |
LTIM | 5516.9 | 5600 |
LTTS | 4873.05 | 5000 |
LUPIN | 1979.65 | 2020 |
M&M | 2758.65 | 2900 |
M&MFIN | 276.35 | 280 |
MANAPPURAM | 199.33 | 195 |
MARICO | 630.6 | 640 |
MARUTI | 12682.45 | 12700 |
MAXHEALTH | 1029 | 1020 |
MCX | 5641.45 | 5700 |
METROPOLIS | 1640 | 1700 |
MFSL | 1054.65 | 1080 |
MGL | 1280 | 1300 |
MOTHERSON | 127.6 | 130 |
MPHASIS | 2607.6 | 2650 |
MRF | 109074.45 | 110000 |
MUTHOOTFIN | 2267.15 | 2240 |
NATIONALUM | 186.06 | 186 |
NAUKRI | 7627.15 | 7600 |
NAVINFLUOR | 4044.3 | 4100 |
NBCC | 80.81 | 82.5 |
NCC | 190.5 | 200 |
NESTLEIND | 2199.4 | 2240 |
NHPC | 73.43 | 74 |
NMDC | 64.67 | 65 |
NTPC | 314.1 | 315 |
NYKAA | 170.38 | 170 |
OBEROIRLTY | 1617.95 | 1640 |
OFSS | 8823.5 | 9000 |
OIL | 401.65 | 410 |
ONGC | 236.45 | 240 |
PAGEIND | 41323.8 | 42000 |
PAYTM | 738.25 | 760 |
PEL | 927 | 960 |
PERSISTENT | 5912.5 | 5800 |
PETRONET | 296.85 | 295 |
PFC | 379.6 | 390 |
PHOENIXLTD | 1567.75 | 1600 |
PIDILITIND | 2760.3 | 2800 |
PIIND | 3178.55 | 3300 |
PNB | 92.85 | 97 |
POLICYBZR | 1500 | 1600 |
POLYCAB | 5599.85 | 5700 |
POONAWALLA | 287.15 | 295 |
POWERGRID | 264.75 | 270 |
PRESTIGE | 1236.75 | 1300 |
PVRINOX | 979.45 | 1020 |
RAMCOCEM | 866.35 | 870 |
RBLBANK | 159.28 | 162.5 |
RECLTD | 393.95 | 410 |
RELIANCE | 1227.4 | 1250 |
SAIL | 106.73 | 107.5 |
SBICARD | 857.65 | 840 |
SBILIFE | 1471.5 | 1460 |
SBIN | 727.5 | 750 |
SHREECEM | 28648.95 | 28000 |
SHRIRAMFIN | 553.7 | 550 |
SIEMENS | 4894.7 | 5100 |
SJVN | 89.73 | 90 |
SOLARINDS | 8780.9 | 8900 |
SONACOMS | 511 | 510 |
SRF | 2735.3 | 2800 |
SUNPHARMA | 1693.05 | 1700 |
SUNTV | 577.55 | 600 |
SUPREMEIND | 3706.5 | 3700 |
SYNGENE | 705.1 | 720 |
TATACHEM | 853.65 | 900 |
TATACOMM | 1501.65 | 1580 |
TATACONSUM | 1027.6 | 1020 |
TATAELXSI | 6022 | 6200 |
TATAMOTORS | 683.7 | 700 |
TATAPOWER | 347.3 | 360 |
TATASTEEL | 135.73 | 136 |
TCS | 3781.4 | 3900 |
TECHM | 1705.9 | 1680 |
TIINDIA | 2685.3 | 2800 |
TITAN | 3215.55 | 3300 |
TORNTPHARM | 3111.15 | 3100 |
TORNTPOWER | 1244.35 | 1300 |
TRENT | 5032.55 | 5300 |
TVSMOTOR | 2378.5 | 2440 |
UBL | 2009.95 | 2040 |
ULTRACEMCO | 11353.2 | 11400 |
UNIONBANK | 114.82 | 113 |
UNITDSPR | 1324.9 | 1400 |
UPL | 645.75 | 610 |
VBL | 471 | 500 |
VEDL | 424.35 | 430 |
VOLTAS | 1278.55 | 1300 |
WIPRO | 315.7 | 310 |
YESBANK | 17.94 | 19 |
ZOMATO | 232.92 | 225 |
ZYDUSLIFE | 887.8 | 930 |
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.