ICICIBANK
Icici Bank Ltd.
Max pain for ICICIBANK
18 Feb 2025 04:10 PM IST
Max Pain for ICICIBANK is 1250
Strike 1000 has a total call value of 0 versus a total put value of 337,425,900,000 Combined total value = 337,425,900,000
Strike 1010 has a total call value of 0 versus a total put value of 321,132,700,000 Combined total value = 321,132,700,000
Strike 1020 has a total call value of 0 versus a total put value of 304,839,500,000 Combined total value = 304,839,500,000
Strike 1030 has a total call value of 0 versus a total put value of 288,585,500,000 Combined total value = 288,585,500,000
Strike 1040 has a total call value of 0 versus a total put value of 272,331,500,000 Combined total value = 272,331,500,000
Strike 1050 has a total call value of 0 versus a total put value of 256,077,500,000 Combined total value = 256,077,500,000
Strike 1060 has a total call value of 0 versus a total put value of 239,823,500,000 Combined total value = 239,823,500,000
Strike 1070 has a total call value of 0 versus a total put value of 223,854,400,000 Combined total value = 223,854,400,000
Strike 1080 has a total call value of 0 versus a total put value of 207,885,300,000 Combined total value = 207,885,300,000
Strike 1090 has a total call value of 0 versus a total put value of 192,041,500,000 Combined total value = 192,041,500,000
Strike 1100 has a total call value of 0 versus a total put value of 176,489,600,000 Combined total value = 176,489,600,000
Strike 1110 has a total call value of 0 versus a total put value of 161,628,600,000 Combined total value = 161,628,600,000
Strike 1120 has a total call value of 0 versus a total put value of 146,980,400,000 Combined total value = 146,980,400,000
Strike 1130 has a total call value of 0 versus a total put value of 132,581,400,000 Combined total value = 132,581,400,000
Strike 1140 has a total call value of 0 versus a total put value of 118,564,600,000 Combined total value = 118,564,600,000
Strike 1150 has a total call value of 0 versus a total put value of 105,169,400,000 Combined total value = 105,169,400,000
Strike 1160 has a total call value of 0 versus a total put value of 92,812,300,000 Combined total value = 92,812,300,000
Strike 1170 has a total call value of 0 versus a total put value of 80,912,300,000 Combined total value = 80,912,300,000
Strike 1180 has a total call value of 0 versus a total put value of 69,245,400,000 Combined total value = 69,245,400,000
Strike 1190 has a total call value of 23,800,000 versus a total put value of 58,147,600,000 Combined total value = 58,171,400,000
Strike 1200 has a total call value of 78,400,000 versus a total put value of 47,476,100,000 Combined total value = 47,554,500,000
Strike 1210 has a total call value of 385,000,000 versus a total put value of 38,769,500,000 Combined total value = 39,154,500,000
Strike 1220 has a total call value of 762,300,000 versus a total put value of 30,722,300,000 Combined total value = 31,484,600,000
Strike 1230 has a total call value of 1,311,100,000 versus a total put value of 23,510,200,000 Combined total value = 24,821,300,000
Strike 1240 has a total call value of 2,159,500,000 versus a total put value of 17,104,500,000 Combined total value = 19,264,000,000
Strike 1250 has a total call value of 3,752,000,000 versus a total put value of 11,650,100,000 Combined total value = 15,402,100,000
Strike 1260 has a total call value of 8,394,400,000 versus a total put value of 8,481,900,000 Combined total value = 16,876,300,000
Strike 1270 has a total call value of 14,968,800,000 versus a total put value of 6,053,600,000 Combined total value = 21,022,400,000
Strike 1280 has a total call value of 24,110,800,000 versus a total put value of 4,176,200,000 Combined total value = 28,287,000,000
Strike 1290 has a total call value of 36,192,100,000 versus a total put value of 2,720,200,000 Combined total value = 38,912,300,000
Strike 1300 has a total call value of 49,612,500,000 versus a total put value of 1,428,700,000 Combined total value = 51,041,200,000
Strike 1310 has a total call value of 69,493,200,000 versus a total put value of 1,185,100,000 Combined total value = 70,678,300,000
Strike 1320 has a total call value of 89,834,500,000 versus a total put value of 999,600,000 Combined total value = 90,834,100,000
Strike 1330 has a total call value of 111,738,900,000 versus a total put value of 814,100,000 Combined total value = 112,553,000,000
Strike 1340 has a total call value of 134,348,900,000 versus a total put value of 628,600,000 Combined total value = 134,977,500,000
Strike 1350 has a total call value of 157,481,800,000 versus a total put value of 508,900,000 Combined total value = 157,990,700,000
Strike 1360 has a total call value of 181,797,700,000 versus a total put value of 389,200,000 Combined total value = 182,186,900,000
Strike 1370 has a total call value of 206,404,800,000 versus a total put value of 291,900,000 Combined total value = 206,696,700,000
Strike 1380 has a total call value of 231,375,900,000 versus a total put value of 194,600,000 Combined total value = 231,570,500,000
Strike 1390 has a total call value of 256,592,000,000 versus a total put value of 97,300,000 Combined total value = 256,689,300,000
Strike 1400 has a total call value of 281,922,900,000 versus a total put value of 0 Combined total value = 281,922,900,000
Strike 1410 has a total call value of 308,406,700,000 versus a total put value of 0 Combined total value = 308,406,700,000
Strike 1420 has a total call value of 335,062,000,000 versus a total put value of 0 Combined total value = 335,062,000,000
Strike 1430 has a total call value of 362,205,200,000 versus a total put value of 0 Combined total value = 362,205,200,000
Strike 1440 has a total call value of 389,456,200,000 versus a total put value of 0 Combined total value = 389,456,200,000
Strike 1450 has a total call value of 416,707,200,000 versus a total put value of 0 Combined total value = 416,707,200,000
Strike 1460 has a total call value of 443,958,200,000 versus a total put value of 0 Combined total value = 443,958,200,000
Strike 1470 has a total call value of 471,283,400,000 versus a total put value of 0 Combined total value = 471,283,400,000
Strike 1480 has a total call value of 498,608,600,000 versus a total put value of 0 Combined total value = 498,608,600,000
Strike 1490 has a total call value of 525,933,800,000 versus a total put value of 0 Combined total value = 525,933,800,000
Strike 1500 has a total call value of 553,259,000,000 versus a total put value of 0 Combined total value = 553,259,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 409.9 | 430 |
ABB | 5142.05 | 5300 |
ABBOTINDIA | 29325.5 | 28500 |
ABCAPITAL | 154.09 | 170 |
ABFRL | 250.5 | 260 |
ACC | 1880.4 | 2000 |
ADANIENSOL | 677.15 | 720 |
ADANIENT | 2220.3 | 2320 |
ADANIGREEN | 897.55 | 900 |
ADANIPORTS | 1085.15 | 1100 |
ALKEM | 4722.15 | 4800 |
AMBUJACEM | 486.75 | 500 |
ANGELONE | 2213.4 | 2300 |
APLAPOLLO | 1324.9 | 1400 |
APOLLOHOSP | 6376.85 | 6400 |
APOLLOTYRE | 412.1 | 420 |
ASHOKLEY | 222.28 | 217.5 |
ASIANPAINT | 2237.6 | 2280 |
ASTRAL | 1362.9 | 1440 |
ATGL | 579.4 | 600 |
ATUL | 5394.9 | 5500 |
AUBANK | 502.4 | 540 |
AUROPHARMA | 1163.35 | 1180 |
AXISBANK | 994.15 | 1000 |
BAJAJ-AUTO | 8446.6 | 8700 |
BAJAJFINSV | 1893.7 | 1840 |
BAJFINANCE | 8465.9 | 8200 |
BALKRISIND | 2648.05 | 2700 |
BANDHANBNK | 130.31 | 145 |
BANKBARODA | 206.09 | 220 |
BANKINDIA | 96 | 100 |
BATAINDIA | 1284.75 | 1320 |
BEL | 244.6 | 265 |
BERGEPAINT | 491.95 | 480 |
BHARATFORG | 1076.95 | 1100 |
BHARTIARTL | 1668.9 | 1680 |
BHEL | 186.57 | 200 |
BIOCON | 338.2 | 355 |
BOSCHLTD | 26977.6 | 29000 |
BPCL | 252.75 | 260 |
BRITANNIA | 4891.2 | 4950 |
BSE | 5186.1 | 5200 |
BSOFT | 472.85 | 500 |
CAMS | 3278 | 3500 |
CANBK | 84.65 | 90 |
CANFINHOME | 598.6 | 630 |
CDSL | 1184.55 | 1240 |
CESC | 127.9 | 130 |
CGPOWER | 578.75 | 580 |
CHAMBLFERT | 537 | 520 |
CHOLAFIN | 1350.4 | 1340 |
CIPLA | 1482.1 | 1460 |
COALINDIA | 361.1 | 370 |
COFORGE | 7692.25 | 8000 |
COLPAL | 2450 | 2540 |
CONCOR | 678.8 | 730 |
COROMANDEL | 1710.05 | 1780 |
CROMPTON | 331.25 | 345 |
CUB | 157.76 | 165 |
CUMMINSIND | 2717 | 2800 |
CYIENT | 1470 | 1420 |
DABUR | 515.15 | 525 |
DALBHARAT | 1799.9 | 1800 |
DEEPAKNTR | 1899.25 | 2000 |
DELHIVERY | 267.5 | 285 |
DIVISLAB | 5839.7 | 5900 |
DIXON | 14006.7 | 14500 |
DLF | 672.1 | 700 |
DMART | 3676.6 | 3750 |
DRREDDY | 1197.4 | 1200 |
EICHERMOT | 4719.4 | 4900 |
ESCORTS | 2995.75 | 3100 |
EXIDEIND | 360.55 | 370 |
FEDERALBNK | 180.69 | 185 |
GAIL | 164.07 | 166 |
GLENMARK | 1379.3 | 1380 |
GMRAIRPORT | 70.79 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 545.25 | 550 |
GODREJCP | 1015.55 | 1060 |
GODREJPROP | 1975.85 | 2100 |
GRANULES | 518.75 | 540 |
GRASIM | 2463.2 | 2500 |
GUJGASLTD | 392.75 | 410 |
HAL | 3344.6 | 3600 |
HAVELLS | 1510.95 | 1540 |
HCLTECH | 1725.5 | 1720 |
HDFCAMC | 3737.85 | 3800 |
HDFCBANK | 1723.05 | 1700 |
HDFCLIFE | 618.95 | 630 |
HEROMOTOCO | 3840.5 | 4050 |
HFCL | 83.58 | 95 |
HINDALCO | 611.45 | 600 |
HINDCOPPER | 213.4 | 230 |
HINDPETRO | 319.95 | 330 |
HINDUNILVR | 2296 | 2380 |
HUDCO | 179.92 | 190 |
ICICIBANK | 1243.05 | 1250 |
ICICIGI | 1738.4 | 1800 |
ICICIPRULI | 573.2 | 600 |
IDEA | 8.07 | 9 |
IDFCFIRSTB | 59.52 | 62 |
IEX | 164.63 | 170 |
IGL | 192.34 | 195 |
INDHOTEL | 721.95 | 750 |
INDIAMART | 2068.8 | 2100 |
INDIANB | 518.75 | 520 |
INDIGO | 4345.55 | 4350 |
INDUSINDBK | 1024.1 | 1030 |
INDUSTOWER | 337.05 | 350 |
INFY | 1851.95 | 1860 |
IOC | 119 | 125 |
IPCALAB | 1473.05 | 1480 |
IRB | 46.11 | 49 |
IRCTC | 719.2 | 750 |
IRFC | 119.27 | 125 |
ITC | 405.25 | 420 |
JINDALSTEL | 846.95 | 840 |
JIOFIN | 221.02 | 230 |
JKCEMENT | 4517.45 | 4750 |
JSL | 582.75 | 620 |
JSWENERGY | 440.4 | 450 |
JSWSTEEL | 978.8 | 960 |
JUBLFOOD | 693.05 | 680 |
KALYANKJIL | 484.3 | 500 |
KEI | 3403.6 | 3500 |
KOTAKBANK | 1963.35 | 1920 |
KPITTECH | 1329.45 | 1400 |
LALPATHLAB | 2627.15 | 2700 |
LAURUSLABS | 546 | 580 |
LICHSGFIN | 530.55 | 560 |
LICI | 758.95 | 800 |
LODHA | 1162.55 | 1200 |
LT | 3220.15 | 3350 |
LTF | 132.28 | 142.5 |
LTIM | 5668.6 | 5700 |
LTTS | 4929.6 | 5000 |
LUPIN | 2013.5 | 2040 |
M&M | 2790.05 | 2900 |
M&MFIN | 272.8 | 280 |
MANAPPURAM | 189.33 | 195 |
MARICO | 626.15 | 630 |
MARUTI | 12786.2 | 12700 |
MAXHEALTH | 1038.2 | 1040 |
MCX | 5438.4 | 5700 |
METROPOLIS | 1647.4 | 1720 |
MFSL | 1062.05 | 1100 |
MGL | 1301.4 | 1320 |
MOTHERSON | 128.36 | 130 |
MPHASIS | 2578.95 | 2650 |
MRF | 109020.45 | 110000 |
MUTHOOTFIN | 2244.5 | 2240 |
NATIONALUM | 179.57 | 186 |
NAUKRI | 7558.9 | 7700 |
NAVINFLUOR | 4085.05 | 4150 |
NBCC | 77.79 | 82.5 |
NCC | 186.15 | 200 |
NESTLEIND | 2222.4 | 2240 |
NHPC | 73.01 | 74 |
NMDC | 63.07 | 65 |
NTPC | 311.2 | 310 |
NYKAA | 170.9 | 170 |
OBEROIRLTY | 1590.55 | 1620 |
OFSS | 8756.7 | 9000 |
OIL | 398.55 | 410 |
ONGC | 236.6 | 240 |
PAGEIND | 40617.75 | 42000 |
PAYTM | 718.05 | 740 |
PEL | 920.1 | 1000 |
PERSISTENT | 5797.25 | 5800 |
PETRONET | 288.2 | 295 |
PFC | 375.5 | 390 |
PHOENIXLTD | 1600.15 | 1600 |
PIDILITIND | 2766.55 | 2860 |
PIIND | 3165.6 | 3300 |
PNB | 91.86 | 97 |
POLICYBZR | 1526.1 | 1600 |
POLYCAB | 5436.9 | 5600 |
POONAWALLA | 290.6 | 300 |
POWERGRID | 266.95 | 265 |
PRESTIGE | 1217.15 | 1300 |
PVRINOX | 988.25 | 1040 |
RAMCOCEM | 850.2 | 880 |
RBLBANK | 150.97 | 160 |
RECLTD | 385.3 | 410 |
RELIANCE | 1225.4 | 1250 |
SAIL | 104.39 | 107.5 |
SBICARD | 865.35 | 840 |
SBILIFE | 1475.35 | 1460 |
SBIN | 725.8 | 750 |
SHREECEM | 28361.2 | 28000 |
SHRIRAMFIN | 553.35 | 550 |
SIEMENS | 4843.65 | 5100 |
SJVN | 89.51 | 90 |
SOLARINDS | 8609.2 | 9000 |
SONACOMS | 506.55 | 510 |
SRF | 2741.1 | 2800 |
SUNPHARMA | 1701.6 | 1720 |
SUNTV | 579.5 | 600 |
SUPREMEIND | 3662.6 | 3700 |
SYNGENE | 700.4 | 720 |
TATACHEM | 856.6 | 900 |
TATACOMM | 1488.3 | 1580 |
TATACONSUM | 1026.95 | 1020 |
TATAELXSI | 6097.45 | 6200 |
TATAMOTORS | 682.4 | 700 |
TATAPOWER | 339.6 | 355 |
TATASTEEL | 134.54 | 135 |
TCS | 3873.2 | 4000 |
TECHM | 1705 | 1680 |
TIINDIA | 2609.9 | 2700 |
TITAN | 3221.85 | 3300 |
TORNTPHARM | 3041.8 | 3100 |
TORNTPOWER | 1235.15 | 1300 |
TRENT | 4997.75 | 5300 |
TVSMOTOR | 2353.65 | 2460 |
UBL | 2022.8 | 2040 |
ULTRACEMCO | 11308.9 | 11400 |
UNIONBANK | 109.73 | 110 |
UNITDSPR | 1335 | 1400 |
UPL | 630.8 | 610 |
VBL | 469.1 | 500 |
VEDL | 418.2 | 430 |
VOLTAS | 1226.85 | 1300 |
WIPRO | 312.2 | 310 |
YESBANK | 17.46 | 19 |
ZOMATO | 223.31 | 220 |
ZYDUSLIFE | 914.05 | 950 |
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.