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HEROMOTOCO
Hero Motocorp Limited

4650.45 62.15 (1.35%)

Max pain for HEROMOTOCO

11 Dec 2024 04:11 PM IST

Max Pain for HEROMOTOCO is 4700  



Strike  3800  has a total call value of 0  versus a total put value of  122,946,000,000 Combined total value = 122,946,000,000

Strike  3900  has a total call value of 0  versus a total put value of  106,836,000,000 Combined total value = 106,836,000,000

Strike  4000  has a total call value of 0  versus a total put value of  91,465,500,000 Combined total value = 91,465,500,000

Strike  4100  has a total call value of 0  versus a total put value of  76,630,500,000 Combined total value = 76,630,500,000

Strike  4200  has a total call value of 0  versus a total put value of  61,878,000,000 Combined total value = 61,878,000,000

Strike  4300  has a total call value of 0  versus a total put value of  48,549,000,000 Combined total value = 48,549,000,000

Strike  4400  has a total call value of 13,500,000  versus a total put value of  36,349,500,000 Combined total value = 36,363,000,000

Strike  4500  has a total call value of 93,000,000  versus a total put value of  25,246,500,000 Combined total value = 25,339,500,000

Strike  4600  has a total call value of 747,000,000  versus a total put value of  15,939,000,000 Combined total value = 16,686,000,000

Strike  4700  has a total call value of 4,864,500,000  versus a total put value of  9,865,500,000 Combined total value = 14,730,000,000

Strike  4800  has a total call value of 15,004,500,000  versus a total put value of  5,733,000,000 Combined total value = 20,737,500,000

Strike  4900  has a total call value of 31,251,000,000  versus a total put value of  3,469,500,000 Combined total value = 34,720,500,000

Strike  5000  has a total call value of 52,306,500,000  versus a total put value of  2,286,000,000 Combined total value = 54,592,500,000

Strike  5100  has a total call value of 78,552,000,000  versus a total put value of  1,633,500,000 Combined total value = 80,185,500,000

Strike  5200  has a total call value of 106,621,500,000  versus a total put value of  1,072,500,000 Combined total value = 107,694,000,000

Strike  5300  has a total call value of 136,917,000,000  versus a total put value of  756,000,000 Combined total value = 137,673,000,000

Strike  5400  has a total call value of 168,402,000,000  versus a total put value of  504,000,000 Combined total value = 168,906,000,000

Strike  5500  has a total call value of 200,388,000,000  versus a total put value of  252,000,000 Combined total value = 200,640,000,000

Strike  5600  has a total call value of 233,499,000,000  versus a total put value of  0 Combined total value = 233,499,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 446.6 450
ABB 7728.75 7500
ABBOTINDIA 28872.3 28000
ABCAPITAL 201.58 200
ABFRL 309.55 310
ACC 2250.55 2300
ADANIENSOL 791.5 800
ADANIENT 2457.25 2520
ADANIGREEN 1148.05 1200
ADANIPORTS 1233.8 1260
ALKEM 5489.95 5500
AMBUJACEM 578.45 570
ANGELONE 3399.55 3300
APLAPOLLO 1598.3 1600
APOLLOHOSP 7340.8 7200
APOLLOTYRE 541.35 530
ASHOKLEY 231.18 230
ASIANPAINT 2417.3 2460
ASTRAL 1852.65 1840
ATGL 717.5 740
ATUL 7486.25 7400
AUBANK 590.1 590
AUROPHARMA 1225.85 1240
AXISBANK 1147.25 1160
BAJAJ-AUTO 9069.85 9100
BAJAJFINSV 1686.5 1660
BAJFINANCE 7115.1 7000
BALKRISIND 2820.4 2800
BANDHANBNK 174.42 177.5
BANKBARODA 260.77 260
BANKINDIA 114.3 115
BATAINDIA 1447.5 1440
BEL 314.1 310
BERGEPAINT 476.15 485
BHARATFORG 1379.4 1360
BHARTIARTL 1586 1600
BHEL 253.7 255
BIOCON 367.85 370
BOSCHLTD 36217.55 35500
BPCL 307.45 300
BRITANNIA 4889.5 4900
BSE 5552.2 5100
BSOFT 613.35 600
CAMS 5222.05 5100
CANBK 108.75 108
CANFINHOME 819.95 820
CDSL 1930.35 1840
CESC 193.22 195
CGPOWER 783.1 780
CHAMBLFERT 534 530
CHOLAFIN 1348.95 1300
CIPLA 1454.1 1480
COALINDIA 416.95 420
COFORGE 8996.2 8800
COLPAL 2893.55 2900
CONCOR 856.35 850
COROMANDEL 1768.85 1780
CROMPTON 413.6 410
CUB 185.85 185
CUMMINSIND 3604.5 3500
CYIENT 2086.75 2000
DABUR 508.35 510
DALBHARAT 1966.6 1900
DEEPAKNTR 2736.8 2700
DELHIVERY 379.45 365
DIVISLAB 5927.95 6000
DIXON 17528.55 17000
DLF 875.75 850
DMART 3708.3 3700
DRREDDY 1238.55 1220
EICHERMOT 4801.95 4850
ESCORTS 3494.4 3500
EXIDEIND 468.1 460
FEDERALBNK 214.68 215
GAIL 205.82 207.5
GLENMARK 1526.4 1540
GMRINFRA 0 34
GNFC 624.7 620
GODREJCP 1135.3 1140
GODREJPROP 2912.9 2900
GRANULES 585.3 570
GRASIM 2670.75 2640
GUJGASLTD 518.4 500
HAL 4649.7 4600
HAVELLS 1752.25 1740
HCLTECH 1930.9 1900
HDFCAMC 4543.85 4400
HDFCBANK 1863.1 1820
HDFCLIFE 634.65 650
HEROMOTOCO 4650.45 4700
HFCL 126.49 130
HINDALCO 670.5 670
HINDCOPPER 290.05 290
HINDPETRO 410.1 395
HINDUNILVR 2401.35 2440
HUDCO 252.91 245
ICICIBANK 1327.5 1320
ICICIGI 1948.65 1920
ICICIPRULI 695.35 690
IDEA 8.03 8
IDFCFIRSTB 65.2 66
IEX 190.28 185
IGL 392.8 360
INDHOTEL 836.4 820
INDIAMART 2398.7 2400
INDIANB 583.15 590
INDIGO 4465.55 4450
INDUSINDBK 984.85 1000
INDUSTOWER 359.6 360
INFY 1974.15 1920
IOC 143.19 142.5
IPCALAB 1552.2 1520
IRB 58.9 59
IRCTC 855.45 840
IRFC 164.91 160
ITC 465.25 470
JINDALSTEL 994.65 970
JIOFIN 343 340
JKCEMENT 4699.8 4600
JSL 747.1 730
JSWENERGY 677.6 660
JSWSTEEL 1000.2 1000
JUBLFOOD 707.8 680
KALYANKJIL 762.95 750
KEI 4630.95 4400
KOTAKBANK 1794.7 1800
KPITTECH 1548.85 1500
LALPATHLAB 3153.45 3100
LAURUSLABS 572.75 570
LICHSGFIN 636.85 640
LICI 938.8 950
LODHA 1411 1320
LT 3916.75 3800
LTF 150.07 147.5
LTIM 6598.6 6450
LTTS 5370.1 5350
LUPIN 2150.4 2100
M&M 3072.05 3000
M&MFIN 283.05 280
MANAPPURAM 177.61 165
MARICO 632.9 630
MARUTI 11277.75 11200
MAXHEALTH 1132.2 1100
MCX 6706.45 6500
METROPOLIS 2222.5 2180
MFSL 1144.9 1160
MGL 1300.2 1280
MOTHERSON 166.81 170
MPHASIS 3184.55 3100
MRF 132517.4 130000
MUTHOOTFIN 2064.5 2000
NATIONALUM 249.53 247.5
NAUKRI 8557.05 8400
NAVINFLUOR 3593.1 3600
NCC 306.45 310
NESTLEIND 2241.05 2260
NHPC 86.11 85
NMDC 241.15 240
NTPC 365.5 365
NYKAA 169.91 170
OBEROIRLTY 2134.55 2080
OFSS 12246.9 12250
OIL 469.55 470
ONGC 256.6 259
PAGEIND 47059.9 46000
PAYTM 955.6 960
PEL 1269.8 1200
PERSISTENT 6359.75 6200
PETRONET 341.2 338
PFC 513 500
PIDILITIND 3191.2 3160
PIIND 4102.3 4100
PNB 108.58 110
POLICYBZR 2165 2000
POLYCAB 7401.25 7300
POONAWALLA 364.35 355
POWERGRID 327.55 330
PRESTIGE 1751.9 1700
PVRINOX 1486.6 1540
RAMCOCEM 1020.45 1010
RBLBANK 179.05 162.5
RECLTD 569.75 550
RELIANCE 1278.2 1300
SAIL 126.95 125
SBICARD 730.75 720
SBILIFE 1456.15 1460
SBIN 861.6 850
SHREECEM 27305.5 26750
SHRIRAMFIN 3248.25 3200
SIEMENS 7871 7700
SJVN 120.19 120
SONACOMS 641.75 650
SRF 2336.45 2300
SUNPHARMA 1814 1800
SUNTV 749.6 750
SUPREMEIND 4957.75 4900
SYNGENE 904.75 900
TATACHEM 1125.65 1120
TATACOMM 1839.95 1800
TATACONSUM 935.05 940
TATAELXSI 7350.25 7200
TATAMOTORS 799.1 800
TATAPOWER 434.8 435
TATASTEEL 150.6 150
TCS 4427.45 4400
TECHM 1762.8 1760
TIINDIA 3680.2 3700
TITAN 3473.1 3400
TORNTPHARM 3374.85 3350
TRENT 7063.3 6900
TVSMOTOR 2531.45 2500
UBL 1985.45 1960
ULTRACEMCO 11898.5 11600
UNIONBANK 129.19 125
UNITDSPR 1516.8 1520
UPL 552 556.35
VBL 643.95 620
VEDL 514.35 500
VOLTAS 1797.2 1760
WIPRO 309 297.5
YESBANK 21.58 21
ZOMATO 291.8 280
ZYDUSLIFE 986.45 980

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:
  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.