IDFCFIRSTB
Idfc First Bank Limited
Max pain for IDFCFIRSTB
14 Jan 2025 04:11 PM IST
Max Pain for IDFCFIRSTB is 63
Strike 50 has a total call value of 0 versus a total put value of 117,401,250,000 Combined total value = 117,401,250,000
Strike 51 has a total call value of 0 versus a total put value of 107,848,500,000 Combined total value = 107,848,500,000
Strike 52 has a total call value of 0 versus a total put value of 98,295,750,000 Combined total value = 98,295,750,000
Strike 53 has a total call value of 0 versus a total put value of 88,887,000,000 Combined total value = 88,887,000,000
Strike 54 has a total call value of 0 versus a total put value of 79,564,500,000 Combined total value = 79,564,500,000
Strike 55 has a total call value of 0 versus a total put value of 70,451,250,000 Combined total value = 70,451,250,000
Strike 56 has a total call value of 1,500,000 versus a total put value of 61,805,250,000 Combined total value = 61,806,750,000
Strike 57 has a total call value of 71,250,000 versus a total put value of 53,392,500,000 Combined total value = 53,463,750,000
Strike 58 has a total call value of 195,000,000 versus a total put value of 45,244,500,000 Combined total value = 45,439,500,000
Strike 59 has a total call value of 488,250,000 versus a total put value of 37,953,750,000 Combined total value = 38,442,000,000
Strike 60 has a total call value of 994,500,000 versus a total put value of 31,077,000,000 Combined total value = 32,071,500,000
Strike 61 has a total call value of 2,153,250,000 versus a total put value of 25,818,750,000 Combined total value = 27,972,000,000
Strike 62 has a total call value of 3,784,500,000 versus a total put value of 21,159,750,000 Combined total value = 24,944,250,000
Strike 63 has a total call value of 6,363,750,000 versus a total put value of 17,445,750,000 Combined total value = 23,809,500,000
Strike 64 has a total call value of 9,944,250,000 versus a total put value of 14,322,000,000 Combined total value = 24,266,250,000
Strike 65 has a total call value of 14,482,500,000 versus a total put value of 11,734,500,000 Combined total value = 26,217,000,000
Strike 66 has a total call value of 20,931,750,000 versus a total put value of 9,893,250,000 Combined total value = 30,825,000,000
Strike 67 has a total call value of 28,242,750,000 versus a total put value of 8,277,000,000 Combined total value = 36,519,750,000
Strike 68 has a total call value of 36,138,000,000 versus a total put value of 6,660,750,000 Combined total value = 42,798,750,000
Strike 69 has a total call value of 44,841,750,000 versus a total put value of 5,161,500,000 Combined total value = 50,003,250,000
Strike 70 has a total call value of 54,059,250,000 versus a total put value of 3,835,500,000 Combined total value = 57,894,750,000
Strike 71 has a total call value of 65,061,000,000 versus a total put value of 3,035,250,000 Combined total value = 68,096,250,000
Strike 72 has a total call value of 76,409,250,000 versus a total put value of 2,235,000,000 Combined total value = 78,644,250,000
Strike 73 has a total call value of 88,344,000,000 versus a total put value of 1,434,750,000 Combined total value = 89,778,750,000
Strike 74 has a total call value of 100,278,750,000 versus a total put value of 634,500,000 Combined total value = 100,913,250,000
Strike 75 has a total call value of 112,671,000,000 versus a total put value of 317,250,000 Combined total value = 112,988,250,000
Strike 76 has a total call value of 125,063,250,000 versus a total put value of 0 Combined total value = 125,063,250,000
Strike 77 has a total call value of 137,635,500,000 versus a total put value of 0 Combined total value = 137,635,500,000
Strike 78 has a total call value of 150,207,750,000 versus a total put value of 0 Combined total value = 150,207,750,000
Strike 79 has a total call value of 162,780,000,000 versus a total put value of 0 Combined total value = 162,780,000,000
Strike 80 has a total call value of 175,352,250,000 versus a total put value of 0 Combined total value = 175,352,250,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 409.35 | 420 |
| ABB | 6146.6 | 6600 |
| ABBOTINDIA | 28235.55 | 29000 |
| ABCAPITAL | 174.37 | 182.5 |
| ABFRL | 270.1 | 280 |
| ACC | 1946.25 | 2080 |
| ADANIENSOL | 771.3 | 780 |
| ADANIENT | 2380.55 | 2500 |
| ADANIGREEN | 1006.85 | 1000 |
| ADANIPORTS | 1117.1 | 1180 |
| ALKEM | 5264.8 | 5450 |
| AMBUJACEM | 515.35 | 550 |
| ANGELONE | 2370.55 | 2500 |
| APLAPOLLO | 1466.9 | 1520 |
| APOLLOHOSP | 6706.85 | 7050 |
| APOLLOTYRE | 452.8 | 470 |
| ASHOKLEY | 210.05 | 220 |
| ASIANPAINT | 2239.95 | 2300 |
| ASTRAL | 1493.5 | 1600 |
| ATGL | 669.8 | 670 |
| ATUL | 6736.9 | 6900 |
| AUBANK | 575.1 | 565 |
| AUROPHARMA | 1174.5 | 1220 |
| AXISBANK | 1051.65 | 1080 |
| BAJAJ-AUTO | 8611.2 | 8900 |
| BAJAJFINSV | 1713.5 | 1660 |
| BAJFINANCE | 7335 | 7200 |
| BALKRISIND | 2705.35 | 2800 |
| BANDHANBNK | 147.94 | 160 |
| BANKBARODA | 223.72 | 240 |
| BANKINDIA | 94.62 | 98 |
| BATAINDIA | 1343.55 | 1380 |
| BEL | 269.9 | 280 |
| BERGEPAINT | 462.45 | 460 |
| BHARATFORG | 1190.4 | 1260 |
| BHARTIARTL | 1600.1 | 1600 |
| BHEL | 197.1 | 220 |
| BIOCON | 387.65 | 375 |
| BOSCHLTD | 31621.7 | 33000 |
| BPCL | 270.2 | 280 |
| BRITANNIA | 4862.4 | 4850 |
| BSE | 5448.85 | 5300 |
| BSOFT | 532.9 | 560 |
| CAMS | 4219.6 | 4600 |
| CANBK | 93.22 | 98 |
| CANFINHOME | 670.8 | 700 |
| CDSL | 1572.5 | 1700 |
| CESC | 153.69 | 160 |
| CGPOWER | 640.15 | 670 |
| CHAMBLFERT | 475.05 | 490 |
| CHOLAFIN | 1270.7 | 1260 |
| CIPLA | 1447.75 | 1500 |
| COALINDIA | 369.25 | 385 |
| COFORGE | 8592.4 | 9000 |
| COLPAL | 2713.3 | 2780 |
| CONCOR | 761.75 | 780 |
| COROMANDEL | 1835.3 | 1880 |
| CROMPTON | 357.2 | 370 |
| CUB | 167.4 | 170 |
| CUMMINSIND | 2940.95 | 3150 |
| CYIENT | 1713.45 | 1720 |
| DABUR | 512.5 | 515 |
| DALBHARAT | 1729 | 1740 |
| DEEPAKNTR | 2340.85 | 2450 |
| DELHIVERY | 324 | 335 |
| DIVISLAB | 5990.3 | 5900 |
| DIXON | 16274.9 | 17000 |
| DLF | 723.25 | 770 |
| DMART | 3476.5 | 3700 |
| DRREDDY | 1337.55 | 1350 |
| EICHERMOT | 5029.55 | 5000 |
| ESCORTS | 3439 | 3300 |
| EXIDEIND | 382.25 | 410 |
| FEDERALBNK | 192.56 | 197.5 |
| GAIL | 175.96 | 190 |
| GLENMARK | 1515.95 | 1560 |
| GMRAIRPORT | 72.2 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 535.15 | 550 |
| GODREJCP | 1140.45 | 1140 |
| GODREJPROP | 2307.95 | 2500 |
| GRANULES | 583.75 | 590 |
| GRASIM | 2310.6 | 2480 |
| GUJGASLTD | 487.05 | 495 |
| HAL | 3828.35 | 4100 |
| HAVELLS | 1525 | 1600 |
| HCLTECH | 1813.55 | 1840 |
| HDFCAMC | 3865.05 | 3900 |
| HDFCBANK | 1646.6 | 1700 |
| HDFCLIFE | 600.45 | 620 |
| HEROMOTOCO | 4102.65 | 4200 |
| HFCL | 98.07 | 105 |
| HINDALCO | 590.9 | 600 |
| HINDCOPPER | 226.08 | 250 |
| HINDPETRO | 373.25 | 390 |
| HINDUNILVR | 2367.95 | 2400 |
| HUDCO | 214.29 | 220 |
| ICICIBANK | 1240.3 | 1270 |
| ICICIGI | 1831.2 | 1860 |
| ICICIPRULI | 642.15 | 660 |
| IDEA | 8.25 | 8 |
| IDFCFIRSTB | 61.94 | 63 |
| IEX | 166.83 | 177.5 |
| IGL | 411.25 | 410 |
| INDHOTEL | 781.4 | 800 |
| INDIAMART | 2254.7 | 2300 |
| INDIANB | 505.8 | 520 |
| INDIGO | 3995 | 4300 |
| INDUSINDBK | 962.1 | 980 |
| INDUSTOWER | 340.3 | 340 |
| INFY | 1940.05 | 1940 |
| IOC | 126.63 | 135 |
| IPCALAB | 1588.15 | 1640 |
| IRB | 51.27 | 55 |
| IRCTC | 757.75 | 790 |
| IRFC | 135.55 | 135 |
| ITC | 436.6 | 445 |
| JINDALSTEL | 909.9 | 940 |
| JIOFIN | 272.85 | 285 |
| JKCEMENT | 4388.55 | 4500 |
| JSL | 625.45 | 630 |
| JSWENERGY | 547.85 | 570 |
| JSWSTEEL | 906.05 | 920 |
| JUBLFOOD | 708.9 | 730 |
| KALYANKJIL | 596.4 | 640 |
| KEI | 4020.3 | 4200 |
| KOTAKBANK | 1750.6 | 1800 |
| KPITTECH | 1323.95 | 1400 |
| LALPATHLAB | 2803.05 | 2950 |
| LAURUSLABS | 568 | 590 |
| LICHSGFIN | 552.4 | 590 |
| LICI | 825.4 | 860 |
| LODHA | 1144.15 | 1260 |
| LT | 3462.6 | 3600 |
| LTF | 133.73 | 137.5 |
| LTIM | 5751.9 | 5800 |
| LTTS | 4706.55 | 4800 |
| LUPIN | 2154.6 | 2240 |
| M&M | 3049.5 | 3100 |
| M&MFIN | 266.8 | 270 |
| MANAPPURAM | 178.71 | 190 |
| MARICO | 661.1 | 660 |
| MARUTI | 11741.15 | 11600 |
| MAXHEALTH | 1084.9 | 1140 |
| MCX | 5694.05 | 6000 |
| METROPOLIS | 1872.05 | 2000 |
| MFSL | 1051.4 | 1100 |
| MGL | 1269.65 | 1280 |
| MOTHERSON | 145.58 | 155 |
| MPHASIS | 2780.25 | 2900 |
| MRF | 114213.4 | 118000 |
| MUTHOOTFIN | 2123.85 | 2140 |
| NATIONALUM | 199.51 | 210 |
| NAUKRI | 7457.75 | 8000 |
| NAVINFLUOR | 3631.85 | 3650 |
| NCC | 246.5 | 260 |
| NESTLEIND | 2219.05 | 2200 |
| NHPC | 76.39 | 78 |
| NMDC | 63.36 | 67 |
| NTPC | 310.4 | 320 |
| NYKAA | 164.93 | 167.5 |
| OBEROIRLTY | 1975.25 | 2120 |
| OFSS | 10747.1 | 11500 |
| OIL | 465.15 | 460 |
| ONGC | 260.37 | 257.5 |
| PAGEIND | 46471.5 | 47000 |
| PAYTM | 817.9 | 860 |
| PEL | 1026.05 | 1080 |
| PERSISTENT | 5880.1 | 6200 |
| PETRONET | 325.5 | 335 |
| PFC | 417.4 | 440 |
| PIDILITIND | 2808.95 | 2900 |
| PIIND | 3463.2 | 3600 |
| PNB | 98.41 | 102 |
| POLICYBZR | 1743.85 | 1850 |
| POLYCAB | 6474.7 | 6800 |
| POONAWALLA | 308.85 | 315 |
| POWERGRID | 290.25 | 305 |
| PRESTIGE | 1426.3 | 1550 |
| PVRINOX | 1086.25 | 1180 |
| RAMCOCEM | 884.1 | 930 |
| RBLBANK | 153.92 | 160 |
| RECLTD | 476.15 | 500 |
| RELIANCE | 1238.75 | 1250 |
| SAIL | 105.88 | 112.5 |
| SBICARD | 734.7 | 730 |
| SBILIFE | 1499.25 | 1440 |
| SBIN | 748.15 | 780 |
| SHREECEM | 25130.2 | 25750 |
| SHRIRAMFIN | 544.1 | 570 |
| SIEMENS | 5863.45 | 6200 |
| SJVN | 94.04 | 100 |
| SONACOMS | 569.9 | 580 |
| SRF | 2509.75 | 2560 |
| SUNPHARMA | 1770.85 | 1820 |
| SUNTV | 658 | 680 |
| SUPREMEIND | 4366.05 | 4500 |
| SYNGENE | 827.5 | 850 |
| TATACHEM | 965.5 | 1020 |
| TATACOMM | 1676.9 | 1740 |
| TATACONSUM | 963.15 | 950 |
| TATAELXSI | 6084.8 | 6200 |
| TATAMOTORS | 770.5 | 780 |
| TATAPOWER | 356.95 | 380 |
| TATASTEEL | 126.93 | 135 |
| TCS | 4233.05 | 4200 |
| TECHM | 1647.5 | 1680 |
| TIINDIA | 3321.3 | 3500 |
| TITAN | 3322.5 | 3400 |
| TORNTPHARM | 3252.4 | 3350 |
| TRENT | 6161.15 | 6700 |
| TVSMOTOR | 2235 | 2320 |
| UBL | 1965.3 | 1980 |
| ULTRACEMCO | 10483.75 | 11100 |
| UNIONBANK | 104.08 | 110 |
| UNITDSPR | 1407.25 | 1500 |
| UPL | 541.85 | 537.2 |
| VBL | 566.3 | 600 |
| VEDL | 430.6 | 450 |
| VOLTAS | 1637.65 | 1720 |
| WIPRO | 292.85 | 295 |
| YESBANK | 18.02 | 19 |
| ZOMATO | 233.6 | 250 |
| ZYDUSLIFE | 1000.15 | 1000 |
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.
