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IDEA
Vodafone Idea Limited

8.17 0.03 (0.37%)

Max pain for IDEA

06 Nov 2024 04:13 PM IST

Max Pain for IDEA is 8  



Strike  5  has a total call value of 0  versus a total put value of  93,528,000,000 Combined total value = 93,528,000,000

Strike  6  has a total call value of 0  versus a total put value of  63,432,000,000 Combined total value = 63,432,000,000

Strike  7  has a total call value of 0  versus a total put value of  37,976,000,000 Combined total value = 37,976,000,000

Strike  8  has a total call value of 3,196,000,000  versus a total put value of  19,880,000,000 Combined total value = 23,076,000,000

Strike  9  has a total call value of 19,992,000,000  versus a total put value of  11,232,000,000 Combined total value = 31,224,000,000

Strike  10  has a total call value of 48,108,000,000  versus a total put value of  6,540,000,000 Combined total value = 54,648,000,000

Strike  11  has a total call value of 88,120,000,000  versus a total put value of  4,072,000,000 Combined total value = 92,192,000,000

Strike  12  has a total call value of 135,808,000,000  versus a total put value of  2,132,000,000 Combined total value = 137,940,000,000

Strike  13  has a total call value of 187,428,000,000  versus a total put value of  900,000,000 Combined total value = 188,328,000,000

Strike  14  has a total call value of 240,064,000,000  versus a total put value of  0 Combined total value = 240,064,000,000

Strike  15  has a total call value of 292,700,000,000  versus a total put value of  0 Combined total value = 292,700,000,000

Strike  16  has a total call value of 345,336,000,000  versus a total put value of  0 Combined total value = 345,336,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 521.45 530
ABB 7164.05 7200
ABBOTINDIA 29145.05 29000
ABCAPITAL 206.14 210
ABFRL 300.2 310
ACC 2359.55 2400
ADANIENT 3046.25 3000
ADANIPORTS 1370 1380
ALKEM 5853.8 5800
AMBUJACEM 582.65 590
APOLLOHOSP 6968.1 7000
APOLLOTYRE 490.4 490
ASHOKLEY 215.61 215
ASIANPAINT 2897.3 2980
ASTRAL 1805.65 1800
ATUL 7986.35 7800
AUBANK 609.8 620
AUROPHARMA 1394.85 1400
AXISBANK 1166.5 1170
BAJAJ-AUTO 10020.5 10000
BAJAJFINSV 1748.7 1740
BAJFINANCE 7006.2 7000
BALKRISIND 2869.65 2850
BANDHANBNK 183.23 187.5
BANKBARODA 262.55 257.5
BATAINDIA 1358.4 1350
BEL 301.85 290
BERGEPAINT 525.15 525
BHARATFORG 1471.05 1420
BHARTIARTL 1598.8 1600
BHEL 247.98 245
BIOCON 322.85 325
BOSCHLTD 36272.7 36000
BPCL 317 315
BRITANNIA 5694.9 5700
BSOFT 582.7 570
CANBK 105.25 105
CANFINHOME 869.8 860
CHAMBLFERT 503.4 490
CHOLAFIN 1304.55 1300
CIPLA 1594.05 1560
COALINDIA 435.8 440
COFORGE 7829.5 7700
COLPAL 2973.95 3000
CONCOR 858.45 850
COROMANDEL 1726.1 1660
CROMPTON 402.45 390
CUB 179.38 175
CUMMINSIND 3611.65 3600
DABUR 539.6 545
DALBHARAT 1817.55 1800
DEEPAKNTR 2846.1 2800
DIVISLAB 5954.15 5900
DIXON 15647.6 15000
DLF 828.2 820
DRREDDY 1302.1 1300
EICHERMOT 4917.15 4900
ESCORTS 3751.4 3750
EXIDEIND 452.2 460
FEDERALBNK 204.74 200
GAIL 208.92 210
GLENMARK 1768.95 1720
GMRINFRA 81.62 85
GNFC 627.3 620
GODREJCP 1275.15 1300
GODREJPROP 2879.5 2900
GRANULES 576.45 570
GRASIM 2645.95 2600
GUJGASLTD 527.85 530
HAL 4390.15 4400
HAVELLS 1675.15 1680
HCLTECH 1838.4 1800
HDFCAMC 4498.45 4400
HDFCBANK 1755.25 1740
HDFCLIFE 708.7 710
HEROMOTOCO 4892.8 4900
HINDALCO 708.2 700
HINDCOPPER 298.4 300
HINDPETRO 391.6 390
HINDUNILVR 2500.7 2540
ICICIBANK 1302.35 1300
ICICIGI 1933.7 1940
ICICIPRULI 716.25 740
IDEA 8.17 8
IDFCFIRSTB 66.89 68
IEX 177.37 180
IGL 431.85 430
INDHOTEL 684.65 680
INDIAMART 2462.8 2500
INDIGO 4061.95 4050
INDUSINDBK 1077.65 1100
INDUSTOWER 342.05 360
INFY 1823.7 1800
IOC 144.61 147.5
IPCALAB 1583.6 1580
IRCTC 857.35 850
ITC 481.1 490
JINDALSTEL 951.85 940
JKCEMENT 4150.6 4200
JSWSTEEL 1008.65 990
JUBLFOOD 600.45 600
KOTAKBANK 1762.6 1760
LALPATHLAB 3100.35 3100
LAURUSLABS 496.45 490
LICHSGFIN 634.45 640
LT 3645.45 3600
LTF 147.56 150
LTIM 5990.15 5850
LTTS 5198.7 5100
LUPIN 2166.05 2160
M&M 2934.55 2850
M&MFIN 277.25 280
MANAPPURAM 156.98 155
MARICO 648.7 640
MARUTI 11354.25 11300
MCX 6456.75 6100
METROPOLIS 2190.55 2140
MFSL 1228.45 1240
MGL 1434.7 1420
MOTHERSON 187.77 190
MPHASIS 2896.4 2900
MRF 121613.55 122000
MUTHOOTFIN 1893.9 1920
NATIONALUM 244.98 225
NAUKRI 7997 7800
NAVINFLUOR 3495.8 3400
NESTLEIND 2275.6 2300
NMDC 241.06 230
NTPC 408.9 405
OBEROIRLTY 2022.45 2000
OFSS 11561 11000
ONGC 269.05 270
PAGEIND 44153.35 43000
PEL 1094.25 1080
PERSISTENT 5717.65 5500
PETRONET 344.65 340
PFC 467.55 460
PIDILITIND 3180.8 3180
PIIND 4614.2 4500
PNB 106.98 105
POLYCAB 6883.95 6700
POWERGRID 318.5 320
PVRINOX 1515 1500
RAMCOCEM 881.5 880
RBLBANK 173.42 175
RECLTD 532.8 530
RELIANCE 1325.35 1350
SAIL 123.89 120
SBICARD 700.05 690
SBILIFE 1603.95 1620
SBIN 854.8 830
SHREECEM 25009.15 25000
SHRIRAMFIN 3186.7 3200
SIEMENS 7050.6 7000
SRF 2343.05 2300
SUNPHARMA 1827.45 1840
SUNTV 759.75 740
SYNGENE 903.85 880
TATACHEM 1150.55 1140
TATACOMM 1809.05 1800
TATACONSUM 1007.05 1010
TATAMOTORS 839.7 860
TATAPOWER 449.3 445
TATASTEEL 153.62 152.5
TCS 4139.65 4100
TECHM 1693.55 1660
TITAN 3177.05 3200
TORNTPHARM 3209.9 3200
TRENT 6955.45 7000
TVSMOTOR 2485.9 2500
UBL 1975.25 1960
ULTRACEMCO 11274.4 11100
UNITDSPR 1456.35 1480
UPL 567.25 560
VEDL 474 470
VOLTAS 1737.85 1700
WIPRO 563.9 550
ZYDUSLIFE 995.1 1020

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.