HDFCLIFE
Hdfc Life Ins Co Ltd
Max pain for HDFCLIFE
14 Jan 2025 02:22 PM IST
Max Pain for HDFCLIFE is 620
Strike 500 has a total call value of 0 versus a total put value of 60,549,500,000 Combined total value = 60,549,500,000
Strike 510 has a total call value of 0 versus a total put value of 54,148,600,000 Combined total value = 54,148,600,000
Strike 520 has a total call value of 0 versus a total put value of 47,747,700,000 Combined total value = 47,747,700,000
Strike 530 has a total call value of 0 versus a total put value of 41,518,400,000 Combined total value = 41,518,400,000
Strike 540 has a total call value of 0 versus a total put value of 35,289,100,000 Combined total value = 35,289,100,000
Strike 550 has a total call value of 0 versus a total put value of 29,493,200,000 Combined total value = 29,493,200,000
Strike 560 has a total call value of 16,500,000 versus a total put value of 24,278,100,000 Combined total value = 24,294,600,000
Strike 570 has a total call value of 33,000,000 versus a total put value of 19,552,500,000 Combined total value = 19,585,500,000
Strike 580 has a total call value of 83,600,000 versus a total put value of 15,163,500,000 Combined total value = 15,247,100,000
Strike 590 has a total call value of 190,300,000 versus a total put value of 11,129,800,000 Combined total value = 11,320,100,000
Strike 600 has a total call value of 399,300,000 versus a total put value of 7,630,700,000 Combined total value = 8,030,000,000
Strike 610 has a total call value of 1,178,100,000 versus a total put value of 5,071,000,000 Combined total value = 6,249,100,000
Strike 620 has a total call value of 2,734,600,000 versus a total put value of 2,878,700,000 Combined total value = 5,613,300,000
Strike 630 has a total call value of 5,396,600,000 versus a total put value of 1,321,100,000 Combined total value = 6,717,700,000
Strike 640 has a total call value of 9,179,500,000 versus a total put value of 541,200,000 Combined total value = 9,720,700,000
Strike 650 has a total call value of 15,378,000,000 versus a total put value of 0 Combined total value = 15,378,000,000
Strike 660 has a total call value of 23,075,800,000 versus a total put value of 0 Combined total value = 23,075,800,000
Strike 670 has a total call value of 31,165,200,000 versus a total put value of 0 Combined total value = 31,165,200,000
Strike 680 has a total call value of 39,661,600,000 versus a total put value of 0 Combined total value = 39,661,600,000
Strike 690 has a total call value of 48,529,800,000 versus a total put value of 0 Combined total value = 48,529,800,000
Strike 700 has a total call value of 57,610,300,000 versus a total put value of 0 Combined total value = 57,610,300,000
Strike 710 has a total call value of 67,747,900,000 versus a total put value of 0 Combined total value = 67,747,900,000
Strike 720 has a total call value of 77,998,800,000 versus a total put value of 0 Combined total value = 77,998,800,000
Strike 730 has a total call value of 88,249,700,000 versus a total put value of 0 Combined total value = 88,249,700,000
Strike 740 has a total call value of 98,617,200,000 versus a total put value of 0 Combined total value = 98,617,200,000
Strike 750 has a total call value of 108,984,700,000 versus a total put value of 0 Combined total value = 108,984,700,000
Strike 760 has a total call value of 119,352,200,000 versus a total put value of 0 Combined total value = 119,352,200,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 409 | 420 |
| ABB | 6151.55 | 6600 |
| ABBOTINDIA | 28301.65 | 29000 |
| ABCAPITAL | 174.63 | 182.5 |
| ABFRL | 270.75 | 280 |
| ACC | 1945.85 | 2060 |
| ADANIENSOL | 780.15 | 780 |
| ADANIENT | 2399 | 2500 |
| ADANIGREEN | 1015.6 | 1000 |
| ADANIPORTS | 1126.1 | 1180 |
| ALKEM | 5276 | 5400 |
| AMBUJACEM | 514.4 | 550 |
| ANGELONE | 2380 | 2500 |
| APLAPOLLO | 1473.05 | 1500 |
| APOLLOHOSP | 6694.8 | 7050 |
| APOLLOTYRE | 453.1 | 470 |
| ASHOKLEY | 210.74 | 220 |
| ASIANPAINT | 2242 | 2300 |
| ASTRAL | 1495.75 | 1600 |
| ATGL | 695 | 670 |
| ATUL | 6744.55 | 6700 |
| AUBANK | 579.5 | 565 |
| AUROPHARMA | 1177.85 | 1220 |
| AXISBANK | 1055.5 | 1080 |
| BAJAJ-AUTO | 8608 | 8900 |
| BAJAJFINSV | 1706 | 1640 |
| BAJFINANCE | 7330 | 7200 |
| BALKRISIND | 2708.45 | 2800 |
| BANDHANBNK | 145.79 | 160 |
| BANKBARODA | 225.42 | 240 |
| BANKINDIA | 94.49 | 98 |
| BATAINDIA | 1343 | 1380 |
| BEL | 268.2 | 280 |
| BERGEPAINT | 462.1 | 460 |
| BHARATFORG | 1194.45 | 1260 |
| BHARTIARTL | 1592.9 | 1600 |
| BHEL | 196.43 | 220 |
| BIOCON | 388.65 | 375 |
| BOSCHLTD | 31623.25 | 33000 |
| BPCL | 270.5 | 280 |
| BRITANNIA | 4870 | 4850 |
| BSE | 5452.95 | 5300 |
| BSOFT | 534.2 | 560 |
| CAMS | 4253.75 | 4700 |
| CANBK | 93.86 | 98 |
| CANFINHOME | 667.3 | 700 |
| CDSL | 1572.2 | 1700 |
| CESC | 153.73 | 160 |
| CGPOWER | 635 | 660 |
| CHAMBLFERT | 474.95 | 490 |
| CHOLAFIN | 1273 | 1260 |
| CIPLA | 1443.9 | 1500 |
| COALINDIA | 368.4 | 385 |
| COFORGE | 8580.85 | 9100 |
| COLPAL | 2701.3 | 2800 |
| CONCOR | 760.5 | 780 |
| COROMANDEL | 1824.1 | 1880 |
| CROMPTON | 358.7 | 370 |
| CUB | 167.5 | 170 |
| CUMMINSIND | 2944.65 | 3150 |
| CYIENT | 1699.2 | 1720 |
| DABUR | 510.8 | 515 |
| DALBHARAT | 1730 | 1740 |
| DEEPAKNTR | 2342.05 | 2450 |
| DELHIVERY | 324.95 | 335 |
| DIVISLAB | 5957.5 | 5900 |
| DIXON | 16234.75 | 17000 |
| DLF | 724.45 | 770 |
| DMART | 3466.05 | 3700 |
| DRREDDY | 1335.15 | 1350 |
| EICHERMOT | 5020.2 | 5000 |
| ESCORTS | 3435.45 | 3300 |
| EXIDEIND | 382.5 | 410 |
| FEDERALBNK | 193.34 | 197.5 |
| GAIL | 175.7 | 190 |
| GLENMARK | 1513.35 | 1560 |
| GMRAIRPORT | 71.7 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 536.95 | 550 |
| GODREJCP | 1137.8 | 1140 |
| GODREJPROP | 2303.45 | 2500 |
| GRANULES | 588.85 | 590 |
| GRASIM | 2297.4 | 2480 |
| GUJGASLTD | 487.45 | 495 |
| HAL | 3821.2 | 4150 |
| HAVELLS | 1542.55 | 1600 |
| HCLTECH | 1824.55 | 1840 |
| HDFCAMC | 3909.85 | 3950 |
| HDFCBANK | 1651.3 | 1700 |
| HDFCLIFE | 599.45 | 620 |
| HEROMOTOCO | 4100.1 | 4200 |
| HFCL | 98.07 | 105 |
| HINDALCO | 588.75 | 600 |
| HINDCOPPER | 225 | 250 |
| HINDPETRO | 372.1 | 390 |
| HINDUNILVR | 2369.3 | 2400 |
| HUDCO | 214 | 220 |
| ICICIBANK | 1239.85 | 1270 |
| ICICIGI | 1823.15 | 1860 |
| ICICIPRULI | 638.85 | 650 |
| IDEA | 8.1 | 8 |
| IDFCFIRSTB | 62.29 | 63 |
| IEX | 167.05 | 175 |
| IGL | 410.6 | 410 |
| INDHOTEL | 775.05 | 800 |
| INDIAMART | 2251.65 | 2300 |
| INDIANB | 505.65 | 520 |
| INDIGO | 4000 | 4250 |
| INDUSINDBK | 971.85 | 980 |
| INDUSTOWER | 339.55 | 340 |
| INFY | 1939.7 | 1940 |
| IOC | 126.67 | 135 |
| IPCALAB | 1587.5 | 1640 |
| IRB | 51.24 | 55 |
| IRCTC | 757.8 | 790 |
| IRFC | 134.5 | 137.5 |
| ITC | 436.35 | 445 |
| JINDALSTEL | 912.15 | 940 |
| JIOFIN | 272.25 | 285 |
| JKCEMENT | 4374.95 | 4500 |
| JSL | 628.4 | 630 |
| JSWENERGY | 549.55 | 570 |
| JSWSTEEL | 904.65 | 920 |
| JUBLFOOD | 708.5 | 730 |
| KALYANKJIL | 597.35 | 640 |
| KEI | 4035.95 | 4200 |
| KOTAKBANK | 1762.1 | 1800 |
| KPITTECH | 1329 | 1400 |
| LALPATHLAB | 2807.6 | 2950 |
| LAURUSLABS | 566.05 | 590 |
| LICHSGFIN | 552.7 | 580 |
| LICI | 821.5 | 860 |
| LODHA | 1142.15 | 1260 |
| LT | 3460.2 | 3600 |
| LTF | 133.26 | 140 |
| LTIM | 5798.75 | 5800 |
| LTTS | 4717.75 | 4800 |
| LUPIN | 2153.55 | 2240 |
| M&M | 3051.4 | 3100 |
| M&MFIN | 266.5 | 270 |
| MANAPPURAM | 177.52 | 190 |
| MARICO | 657.7 | 660 |
| MARUTI | 11711.3 | 11600 |
| MAXHEALTH | 1084.4 | 1140 |
| MCX | 5710.35 | 6000 |
| METROPOLIS | 1874.1 | 2000 |
| MFSL | 1054.65 | 1100 |
| MGL | 1274.7 | 1280 |
| MOTHERSON | 145.41 | 155 |
| MPHASIS | 2781.05 | 2900 |
| MRF | 114380.05 | 118000 |
| MUTHOOTFIN | 2123.7 | 2140 |
| NATIONALUM | 198.94 | 210 |
| NAUKRI | 7463.5 | 8000 |
| NAVINFLUOR | 3610 | 3650 |
| NCC | 245.85 | 260 |
| NESTLEIND | 2215.05 | 2200 |
| NHPC | 76.87 | 78 |
| NMDC | 63.18 | 67 |
| NTPC | 309.6 | 320 |
| NYKAA | 165.1 | 167.5 |
| OBEROIRLTY | 1988.15 | 2140 |
| OFSS | 10768.5 | 11500 |
| OIL | 466.2 | 460 |
| ONGC | 259.42 | 257.5 |
| PAGEIND | 46374.35 | 47000 |
| PAYTM | 821.25 | 880 |
| PEL | 1025.4 | 1080 |
| PERSISTENT | 5892.75 | 6200 |
| PETRONET | 325.05 | 335 |
| PFC | 418.25 | 440 |
| PIDILITIND | 2811.5 | 2900 |
| PIIND | 3474.65 | 3600 |
| PNB | 98.82 | 101 |
| POLICYBZR | 1742.35 | 1900 |
| POLYCAB | 6452.95 | 6800 |
| POONAWALLA | 308.6 | 315 |
| POWERGRID | 290.6 | 305 |
| PRESTIGE | 1426.25 | 1550 |
| PVRINOX | 1086.15 | 1180 |
| RAMCOCEM | 885.5 | 930 |
| RBLBANK | 153.49 | 160 |
| RECLTD | 476.55 | 500 |
| RELIANCE | 1231.55 | 1250 |
| SAIL | 106.03 | 110 |
| SBICARD | 732.5 | 730 |
| SBILIFE | 1494.95 | 1440 |
| SBIN | 754.4 | 780 |
| SHREECEM | 25070.05 | 25750 |
| SHRIRAMFIN | 542.1 | 570 |
| SIEMENS | 5862 | 6300 |
| SJVN | 94.27 | 100 |
| SONACOMS | 566.9 | 580 |
| SRF | 2505.55 | 2560 |
| SUNPHARMA | 1766.5 | 1820 |
| SUNTV | 657.55 | 670 |
| SUPREMEIND | 4379.25 | 4500 |
| SYNGENE | 827.3 | 850 |
| TATACHEM | 968 | 1020 |
| TATACOMM | 1678.65 | 1740 |
| TATACONSUM | 960 | 950 |
| TATAELXSI | 6083.25 | 6200 |
| TATAMOTORS | 771.85 | 780 |
| TATAPOWER | 356.35 | 380 |
| TATASTEEL | 127.05 | 135 |
| TCS | 4240.75 | 4200 |
| TECHM | 1656.95 | 1680 |
| TIINDIA | 3306.65 | 3550 |
| TITAN | 3315.3 | 3400 |
| TORNTPHARM | 3242.15 | 3350 |
| TRENT | 6175.2 | 6700 |
| TVSMOTOR | 2235.95 | 2320 |
| UBL | 1961.15 | 2000 |
| ULTRACEMCO | 10477.05 | 11100 |
| UNIONBANK | 104.22 | 110 |
| UNITDSPR | 1413.05 | 1500 |
| UPL | 541.1 | 530 |
| VBL | 567.8 | 600 |
| VEDL | 431.25 | 450 |
| VOLTAS | 1639.5 | 1720 |
| WIPRO | 293.1 | 295 |
| YESBANK | 17.91 | 19 |
| ZOMATO | 234.8 | 250 |
| ZYDUSLIFE | 995.55 | 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.
