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HINDALCO
Hindalco Industries Ltd

606.3 -1.95 (-0.32%)

Max pain for HINDALCO

24 Jan 2025 02:50 PM IST

Max Pain for HINDALCO is 600  



Strike  500  has a total call value of 0  versus a total put value of  141,759,800,000 Combined total value = 141,759,800,000

Strike  510  has a total call value of 0  versus a total put value of  126,121,800,000 Combined total value = 126,121,800,000

Strike  520  has a total call value of 0  versus a total put value of  110,483,800,000 Combined total value = 110,483,800,000

Strike  530  has a total call value of 0  versus a total put value of  95,415,600,000 Combined total value = 95,415,600,000

Strike  540  has a total call value of 0  versus a total put value of  80,858,400,000 Combined total value = 80,858,400,000

Strike  550  has a total call value of 0  versus a total put value of  66,645,600,000 Combined total value = 66,645,600,000

Strike  560  has a total call value of 121,800,000  versus a total put value of  52,987,200,000 Combined total value = 53,109,000,000

Strike  570  has a total call value of 421,400,000  versus a total put value of  41,549,200,000 Combined total value = 41,970,600,000

Strike  580  has a total call value of 1,059,800,000  versus a total put value of  31,344,600,000 Combined total value = 32,404,400,000

Strike  590  has a total call value of 2,146,200,000  versus a total put value of  23,181,200,000 Combined total value = 25,327,400,000

Strike  600  has a total call value of 3,736,600,000  versus a total put value of  16,203,600,000 Combined total value = 19,940,200,000

Strike  610  has a total call value of 8,638,000,000  versus a total put value of  11,643,800,000 Combined total value = 20,281,800,000

Strike  620  has a total call value of 15,222,200,000  versus a total put value of  8,386,000,000 Combined total value = 23,608,200,000

Strike  630  has a total call value of 24,676,400,000  versus a total put value of  5,999,000,000 Combined total value = 30,675,400,000

Strike  640  has a total call value of 36,404,200,000  versus a total put value of  4,096,400,000 Combined total value = 40,500,600,000

Strike  650  has a total call value of 50,027,600,000  versus a total put value of  2,720,200,000 Combined total value = 52,747,800,000

Strike  660  has a total call value of 65,304,400,000  versus a total put value of  1,855,000,000 Combined total value = 67,159,400,000

Strike  670  has a total call value of 81,369,400,000  versus a total put value of  1,304,800,000 Combined total value = 82,674,200,000

Strike  680  has a total call value of 98,081,200,000  versus a total put value of  851,200,000 Combined total value = 98,932,400,000

Strike  690  has a total call value of 115,376,800,000  versus a total put value of  453,600,000 Combined total value = 115,830,400,000

Strike  700  has a total call value of 132,928,600,000  versus a total put value of  56,000,000 Combined total value = 132,984,600,000

Strike  710  has a total call value of 151,530,400,000  versus a total put value of  28,000,000 Combined total value = 151,558,400,000

Strike  720  has a total call value of 170,206,400,000  versus a total put value of  0 Combined total value = 170,206,400,000

Strike  730  has a total call value of 189,032,200,000  versus a total put value of  0 Combined total value = 189,032,200,000

Strike  740  has a total call value of 207,922,400,000  versus a total put value of  0 Combined total value = 207,922,400,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 438.85 435
ABB 6184.7 6400
ABBOTINDIA 27324.5 28000
ABCAPITAL 170.25 180
ABFRL 269.95 275
ACC 2056.9 2080
ADANIENSOL 787.4 800
ADANIENT 2314.9 2400
ADANIGREEN 1015 1020
ADANIPORTS 1093.85 1160
ALKEM 5025 5300
AMBUJACEM 551.6 550
ANGELONE 2349.9 2500
APLAPOLLO 1563.35 1560
APOLLOHOSP 6733.55 6900
APOLLOTYRE 424.4 450
ASHOKLEY 204.01 210
ASIANPAINT 2258.85 2300
ASTRAL 1468 1560
ATGL 642 660
ATUL 6586.05 6700
AUBANK 599.3 580
AUROPHARMA 1214 1220
AXISBANK 949.25 990
BAJAJ-AUTO 8403.15 8700
BAJAJFINSV 1727.15 1680
BAJFINANCE 7440.55 7300
BALKRISIND 2650.55 2740
BANDHANBNK 149.3 160
BANKBARODA 225.25 235
BANKINDIA 98.15 100
BATAINDIA 1280.2 1320
BEL 269.55 280
BERGEPAINT 481.4 465
BHARATFORG 1216 1240
BHARTIARTL 1645.7 1640
BHEL 200.08 215
BIOCON 387.9 380
BOSCHLTD 30335.5 32500
BPCL 264.35 270
BRITANNIA 5098.3 4850
BSE 5844 5700
BSOFT 545.15 550
CAMS 4094.85 4300
CANBK 96.7 100
CANFINHOME 681.75 690
CDSL 1500.35 1580
CESC 139.2 145.5
CGPOWER 620.1 650
CHAMBLFERT 495.75 500
CHOLAFIN 1222.35 1260
CIPLA 1411.95 1460
COALINDIA 382.6 390
COFORGE 9247 9000
COLPAL 2756.9 2750
CONCOR 752.95 780
COROMANDEL 1812.6 1860
CROMPTON 340.1 355
CUB 167.25 170
CUMMINSIND 2807.45 3000
CYIENT 1357.85 1460
DABUR 522.6 520
DALBHARAT 1804.35 1780
DEEPAKNTR 2290 2400
DELHIVERY 322.95 330
DIVISLAB 5727.25 5850
DIXON 15497.65 16000
DLF 696.95 740
DMART 3575.85 3700
DRREDDY 1220.7 1250
EICHERMOT 5204.65 5100
ESCORTS 3468.25 3400
EXIDEIND 369.4 400
FEDERALBNK 188.03 195
GAIL 175.74 182.5
GLENMARK 1448.1 1500
GMRAIRPORT 71.28 77
GMRINFRA 0 32
GNFC 555.25 560
GODREJCP 1130.35 1130
GODREJPROP 2154.15 2300
GRANULES 585.45 590
GRASIM 2475.65 2480
GUJGASLTD 494.4 500
HAL 3848.6 4050
HAVELLS 1526.3 1580
HCLTECH 1794.7 1820
HDFCAMC 3879.95 4000
HDFCBANK 1650 1670
HDFCLIFE 619.75 630
HEROMOTOCO 4046.8 4150
HFCL 99.11 102.5
HINDALCO 606.3 600
HINDCOPPER 241.5 250
HINDPETRO 354.4 365
HINDUNILVR 2366 2360
HUDCO 219.44 220
ICICIBANK 1204.25 1230
ICICIGI 1815.5 1880
ICICIPRULI 587.35 600
IDEA 9.45 9
IDFCFIRSTB 62.46 63
IEX 169.74 172.5
IGL 383.75 400
INDHOTEL 781.15 800
INDIAMART 2085 2140
INDIANB 501 520
INDIGO 4137.9 4200
INDUSINDBK 951.4 980
INDUSTOWER 367.4 355
INFY 1874.9 1880
IOC 128.2 135
IPCALAB 1523.6 1580
IRB 51.98 54
IRCTC 786.75 800
IRFC 140.18 137.5
ITC 441.1 445
JINDALSTEL 882.3 920
JIOFIN 244.95 265
JKCEMENT 4749.9 4700
JSL 630.55 630
JSWENERGY 542.65 570
JSWSTEEL 927.05 930
JUBLFOOD 669.65 700
KALYANKJIL 458.8 540
KEI 4264 4300
KOTAKBANK 1884.35 1860
KPITTECH 1322.25 1380
LALPATHLAB 2821.95 2900
LAURUSLABS 596.8 580
LICHSGFIN 571 580
LICI 821.5 850
LODHA 1100.45 1120
LT 3452.2 3600
LTF 139.08 140
LTIM 6000.1 5900
LTTS 5421.9 5250
LUPIN 2137.6 2180
M&M 2807.85 2900
M&MFIN 268.3 270
MANAPPURAM 196.95 187.5
MARICO 667.1 660
MARUTI 11926.85 11700
MAXHEALTH 1056.1 1080
MCX 5736 5800
METROPOLIS 1802.45 1900
MFSL 1041.75 1060
MGL 1278.15 1280
MOTHERSON 142.89 150
MPHASIS 3021.7 2950
MRF 111480.2 115000
MUTHOOTFIN 2170 2180
NATIONALUM 203.3 210
NAUKRI 7446 7700
NAVINFLUOR 3708.45 3700
NCC 235.95 250
NESTLEIND 2211.85 2200
NHPC 76.9 78
NMDC 66.7 68
NTPC 322.95 325
NYKAA 166.94 170
OBEROIRLTY 1764 1840
OFSS 9794.5 10250
OIL 424.15 450
ONGC 256.21 260
PAGEIND 46341.2 47000
PAYTM 810.7 860
PEL 991.3 1080
PERSISTENT 6336.35 6200
PETRONET 321.05 335
PFC 407.95 440
PIDILITIND 2854.45 2880
PIIND 3501.65 3550
PNB 97.74 100
POLICYBZR 1689 1750
POLYCAB 5921.3 6200
POONAWALLA 317.6 320
POWERGRID 295.3 305
PRESTIGE 1250 1350
PVRINOX 1064.2 1140
RAMCOCEM 887.2 910
RBLBANK 154.09 160
RECLTD 445.75 480
RELIANCE 1245.9 1260
SAIL 108.45 110
SBICARD 758.5 750
SBILIFE 1432.5 1460
SBIN 743.2 770
SHREECEM 25800.85 26000
SHRIRAMFIN 527.6 540
SIEMENS 5869.3 6100
SJVN 95.4 97.5
SONACOMS 523.85 550
SRF 2581.4 2560
SUNPHARMA 1814.4 1800
SUNTV 640.25 660
SUPREMEIND 3807.55 4000
SYNGENE 797.25 820
TATACHEM 955.4 1000
TATACOMM 1626.25 1700
TATACONSUM 992.5 960
TATAELXSI 6367.45 6300
TATAMOTORS 734 760
TATAPOWER 363.65 380
TATASTEEL 129.99 134
TCS 4157 4150
TECHM 1723.85 1700
TIINDIA 3228.3 3400
TITAN 3396.55 3400
TORNTPHARM 3245.8 3300
TRENT 5511.95 6000
TVSMOTOR 2264.25 2300
UBL 2060.95 2040
ULTRACEMCO 11261.5 11200
UNIONBANK 107.05 110
UNITDSPR 1468.35 1500
UPL 551.55 540
VBL 540.45 550
VEDL 441.6 460
VOLTAS 1450.5 1540
WIPRO 319.7 310
YESBANK 18.2 19
ZOMATO 216.8 230
ZYDUSLIFE 958 980

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.