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ICICIBANK
Icici Bank Ltd.

1214.3 12.55 (1.04%)

Max pain for ICICIBANK

24 Jan 2025 12:10 PM IST

Max Pain for ICICIBANK is 1240  



Strike  1080  has a total call value of 0  versus a total put value of  208,616,800,000 Combined total value = 208,616,800,000

Strike  1090  has a total call value of 0  versus a total put value of  191,802,100,000 Combined total value = 191,802,100,000

Strike  1100  has a total call value of 0  versus a total put value of  175,053,200,000 Combined total value = 175,053,200,000

Strike  1110  has a total call value of 46,900,000  versus a total put value of  159,212,200,000 Combined total value = 159,259,100,000

Strike  1120  has a total call value of 93,800,000  versus a total put value of  143,603,600,000 Combined total value = 143,697,400,000

Strike  1130  has a total call value of 150,500,000  versus a total put value of  128,670,500,000 Combined total value = 128,821,000,000

Strike  1140  has a total call value of 207,200,000  versus a total put value of  114,340,800,000 Combined total value = 114,548,000,000

Strike  1150  has a total call value of 267,400,000  versus a total put value of  100,858,800,000 Combined total value = 101,126,200,000

Strike  1160  has a total call value of 371,700,000  versus a total put value of  88,358,200,000 Combined total value = 88,729,900,000

Strike  1170  has a total call value of 535,500,000  versus a total put value of  76,752,200,000 Combined total value = 77,287,700,000

Strike  1180  has a total call value of 765,800,000  versus a total put value of  65,753,100,000 Combined total value = 66,518,900,000

Strike  1190  has a total call value of 1,143,800,000  versus a total put value of  55,589,100,000 Combined total value = 56,732,900,000

Strike  1200  has a total call value of 1,733,900,000  versus a total put value of  46,286,800,000 Combined total value = 48,020,700,000

Strike  1210  has a total call value of 3,425,800,000  versus a total put value of  39,296,600,000 Combined total value = 42,722,400,000

Strike  1220  has a total call value of 5,819,100,000  versus a total put value of  32,895,800,000 Combined total value = 38,714,900,000

Strike  1230  has a total call value of 9,658,600,000  versus a total put value of  27,148,100,000 Combined total value = 36,806,700,000

Strike  1240  has a total call value of 14,525,000,000  versus a total put value of  21,971,600,000 Combined total value = 36,496,600,000

Strike  1250  has a total call value of 20,682,200,000  versus a total put value of  17,194,800,000 Combined total value = 37,877,000,000

Strike  1260  has a total call value of 29,267,000,000  versus a total put value of  13,031,200,000 Combined total value = 42,298,200,000

Strike  1270  has a total call value of 39,190,200,000  versus a total put value of  9,713,200,000 Combined total value = 48,903,400,000

Strike  1280  has a total call value of 50,470,700,000  versus a total put value of  6,767,600,000 Combined total value = 57,238,300,000

Strike  1290  has a total call value of 63,212,800,000  versus a total put value of  4,275,600,000 Combined total value = 67,488,400,000

Strike  1300  has a total call value of 76,732,600,000  versus a total put value of  2,045,400,000 Combined total value = 78,778,000,000

Strike  1310  has a total call value of 94,591,000,000  versus a total put value of  1,202,600,000 Combined total value = 95,793,600,000

Strike  1320  has a total call value of 113,254,400,000  versus a total put value of  642,600,000 Combined total value = 113,897,000,000

Strike  1330  has a total call value of 133,459,900,000  versus a total put value of  428,400,000 Combined total value = 133,888,300,000

Strike  1340  has a total call value of 154,281,400,000  versus a total put value of  214,200,000 Combined total value = 154,495,600,000

Strike  1350  has a total call value of 175,816,200,000  versus a total put value of  0 Combined total value = 175,816,200,000

Strike  1360  has a total call value of 198,781,800,000  versus a total put value of  0 Combined total value = 198,781,800,000

Strike  1370  has a total call value of 222,269,600,000  versus a total put value of  0 Combined total value = 222,269,600,000

Strike  1380  has a total call value of 246,013,600,000  versus a total put value of  0 Combined total value = 246,013,600,000

Strike  1390  has a total call value of 270,180,400,000  versus a total put value of  0 Combined total value = 270,180,400,000

Strike  1400  has a total call value of 295,155,700,000  versus a total put value of  0 Combined total value = 295,155,700,000

Strike  1410  has a total call value of 321,479,900,000  versus a total put value of  0 Combined total value = 321,479,900,000

Strike  1420  has a total call value of 347,804,100,000  versus a total put value of  0 Combined total value = 347,804,100,000

Strike  1430  has a total call value of 374,383,100,000  versus a total put value of  0 Combined total value = 374,383,100,000

Strike  1440  has a total call value of 400,962,100,000  versus a total put value of  0 Combined total value = 400,962,100,000

Strike  1450  has a total call value of 427,669,200,000  versus a total put value of  0 Combined total value = 427,669,200,000

Strike  1460  has a total call value of 454,542,900,000  versus a total put value of  0 Combined total value = 454,542,900,000

Strike  1470  has a total call value of 481,553,800,000  versus a total put value of  0 Combined total value = 481,553,800,000

Strike  1480  has a total call value of 508,592,700,000  versus a total put value of  0 Combined total value = 508,592,700,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 443.5 435
ABB 6256 6400
ABBOTINDIA 27616.05 28000
ABCAPITAL 173.87 180
ABFRL 283 275
ACC 2052.2 2080
ADANIENSOL 793.6 800
ADANIENT 2391.9 2400
ADANIGREEN 1025.95 1020
ADANIPORTS 1108.15 1160
ALKEM 5101.4 5350
AMBUJACEM 555.35 550
ANGELONE 2359.55 2500
APLAPOLLO 1581.7 1560
APOLLOHOSP 6840.2 6900
APOLLOTYRE 431.75 450
ASHOKLEY 207.19 210
ASIANPAINT 2283 2300
ASTRAL 1476.9 1560
ATGL 649.25 660
ATUL 6723.9 6800
AUBANK 583.4 580
AUROPHARMA 1226.8 1240
AXISBANK 956.95 990
BAJAJ-AUTO 8477 8700
BAJAJFINSV 1742.9 1680
BAJFINANCE 7498.2 7300
BALKRISIND 2701.25 2780
BANDHANBNK 149.76 160
BANKBARODA 228.98 235
BANKINDIA 99.57 100
BATAINDIA 1295.65 1320
BEL 274.45 280
BERGEPAINT 481.75 465
BHARATFORG 1236.95 1240
BHARTIARTL 1658.4 1640
BHEL 204.62 215
BIOCON 393.45 380
BOSCHLTD 30553.05 31500
BPCL 270.4 270
BRITANNIA 5052.75 4850
BSE 5884.5 5700
BSOFT 554.25 550
CAMS 4160.4 4200
CANBK 98.31 100
CANFINHOME 690.15 670
CDSL 1515.35 1580
CESC 142.34 145.5
CGPOWER 628.05 650
CHAMBLFERT 504.35 500
CHOLAFIN 1236.15 1260
CIPLA 1436.7 1480
COALINDIA 386.45 385
COFORGE 9370 9000
COLPAL 2751.15 2750
CONCOR 771 780
COROMANDEL 1848.1 1860
CROMPTON 346 360
CUB 169.62 170
CUMMINSIND 2872.75 3000
CYIENT 1414.6 1500
DABUR 525.2 520
DALBHARAT 1810.65 1780
DEEPAKNTR 2329.8 2400
DELHIVERY 328.6 330
DIVISLAB 5792.05 5900
DIXON 15540 16000
DLF 708.75 740
DMART 3564.2 3650
DRREDDY 1230.05 1250
EICHERMOT 5205.35 5050
ESCORTS 3549.75 3400
EXIDEIND 376.4 400
FEDERALBNK 191.19 195
GAIL 176.99 185
GLENMARK 1472.75 1500
GMRAIRPORT 73.06 76
GMRINFRA 0 32
GNFC 563.75 560
GODREJCP 1132.8 1120
GODREJPROP 2221.3 2300
GRANULES 596.35 590
GRASIM 2503.3 2480
GUJGASLTD 504.6 500
HAL 3905.75 4050
HAVELLS 1565.25 1580
HCLTECH 1813.8 1820
HDFCAMC 3951.5 4000
HDFCBANK 1666 1670
HDFCLIFE 623.5 630
HEROMOTOCO 4098.1 4150
HFCL 100.96 100
HINDALCO 614.3 600
HINDCOPPER 248.09 250
HINDPETRO 361.7 370
HINDUNILVR 2359 2360
HUDCO 223.93 220
ICICIBANK 1214.3 1240
ICICIGI 1840.7 1880
ICICIPRULI 597.6 600
IDEA 9.62 9
IDFCFIRSTB 63.27 63
IEX 172.47 172.5
IGL 389.5 400
INDHOTEL 786.15 800
INDIAMART 2082.1 2140
INDIANB 509.8 520
INDIGO 4186.9 4200
INDUSINDBK 966.65 980
INDUSTOWER 370.65 355
INFY 1890.05 1880
IOC 129.98 135
IPCALAB 1553.55 1580
IRB 52.6 54
IRCTC 797 800
IRFC 140.65 137.5
ITC 443.2 445
JINDALSTEL 906 920
JIOFIN 249.5 265
JKCEMENT 4825.35 4700
JSL 642.3 630
JSWENERGY 554.45 570
JSWSTEEL 947.55 930
JUBLFOOD 680.6 700
KALYANKJIL 468 560
KEI 4409.45 4300
KOTAKBANK 1908.15 1860
KPITTECH 1360.25 1380
LALPATHLAB 2830 2900
LAURUSLABS 589 580
LICHSGFIN 579.95 580
LICI 829.8 850
LODHA 1100.25 1120
LT 3498.05 3600
LTF 142.03 140
LTIM 6030.05 5900
LTTS 5439.95 5250
LUPIN 2150.1 2180
M&M 2866.15 2900
M&MFIN 273.9 275
MANAPPURAM 198.49 190
MARICO 669.75 660
MARUTI 12034.8 11700
MAXHEALTH 1076.45 1080
MCX 5795.25 5800
METROPOLIS 1844.6 1900
MFSL 1064.8 1060
MGL 1302.1 1280
MOTHERSON 143.87 150
MPHASIS 3023.5 2900
MRF 112074.05 115000
MUTHOOTFIN 2193.8 2180
NATIONALUM 206.78 207.5
NAUKRI 7508.2 7700
NAVINFLUOR 3731.4 3700
NCC 239.2 250
NESTLEIND 2208.4 2200
NHPC 78.04 78
NMDC 67.55 68
NTPC 327.7 325
NYKAA 168.45 170
OBEROIRLTY 1799.8 1840
OFSS 9985 10250
OIL 433.95 450
ONGC 260.63 260
PAGEIND 46953.7 47000
PAYTM 828.55 860
PEL 1002.35 1080
PERSISTENT 6471.85 6300
PETRONET 325 335
PFC 414.65 440
PIDILITIND 2869 2900
PIIND 3530.65 3500
PNB 98.48 100
POLICYBZR 1704.95 1750
POLYCAB 6113.95 6300
POONAWALLA 326.5 320
POWERGRID 300.1 305
PRESTIGE 1302.4 1350
PVRINOX 1080.2 1120
RAMCOCEM 905.15 910
RBLBANK 157.16 160
RECLTD 455.2 490
RELIANCE 1257.2 1260
SAIL 110.16 110
SBICARD 758 750
SBILIFE 1449.75 1460
SBIN 752.1 770
SHREECEM 26204.65 26000
SHRIRAMFIN 536.95 540
SIEMENS 5966.5 6100
SJVN 97.52 97.5
SONACOMS 526.05 550
SRF 2570.6 2560
SUNPHARMA 1834 1800
SUNTV 649.35 660
SUPREMEIND 3911.05 4000
SYNGENE 800 820
TATACHEM 971.75 1000
TATACOMM 1661.4 1700
TATACONSUM 999.05 970
TATAELXSI 6370 6300
TATAMOTORS 744 760
TATAPOWER 367.25 380
TATASTEEL 132.77 135
TCS 4163.65 4150
TECHM 1732.55 1700
TIINDIA 3296.65 3300
TITAN 3433.35 3400
TORNTPHARM 3246.05 3300
TRENT 5669.2 6000
TVSMOTOR 2273.55 2300
UBL 2075.15 2060
ULTRACEMCO 11336.1 11200
UNIONBANK 108.8 110
UNITDSPR 1492.6 1500
UPL 557 540
VBL 543.7 550
VEDL 451.3 460
VOLTAS 1478.85 1540
WIPRO 321.6 310
YESBANK 18.38 19
ZOMATO 219 230
ZYDUSLIFE 972.05 990

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.