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IGL
Indraprastha Gas Ltd

413.95 -5.55 (-1.32%)

Max pain for IGL

14 Nov 2024 09:31 AM IST

Max Pain for IGL is 420  



Strike  370  has a total call value of 0  versus a total put value of  19,240,375,000 Combined total value = 19,240,375,000

Strike  380  has a total call value of 0  versus a total put value of  14,803,250,000 Combined total value = 14,803,250,000

Strike  390  has a total call value of 0  versus a total put value of  10,862,500,000 Combined total value = 10,862,500,000

Strike  400  has a total call value of 53,625,000  versus a total put value of  7,262,750,000 Combined total value = 7,316,375,000

Strike  410  has a total call value of 298,375,000  versus a total put value of  4,488,000,000 Combined total value = 4,786,375,000

Strike  420  has a total call value of 875,875,000  versus a total put value of  2,472,250,000 Combined total value = 3,348,125,000

Strike  430  has a total call value of 2,259,125,000  versus a total put value of  1,200,375,000 Combined total value = 3,459,500,000

Strike  440  has a total call value of 4,852,375,000  versus a total put value of  460,625,000 Combined total value = 5,313,000,000

Strike  450  has a total call value of 8,339,375,000  versus a total put value of  52,250,000 Combined total value = 8,391,625,000

Strike  460  has a total call value of 13,477,750,000  versus a total put value of  26,125,000 Combined total value = 13,503,875,000

Strike  470  has a total call value of 19,640,500,000  versus a total put value of  0 Combined total value = 19,640,500,000

Strike  480  has a total call value of 26,364,250,000  versus a total put value of  0 Combined total value = 26,364,250,000

Strike  490  has a total call value of 33,713,625,000  versus a total put value of  0 Combined total value = 33,713,625,000

Strike  500  has a total call value of 41,063,000,000  versus a total put value of  0 Combined total value = 41,063,000,000

Strike  510  has a total call value of 49,476,625,000  versus a total put value of  0 Combined total value = 49,476,625,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 431.75 440
ABB 6697.55 7100
ABBOTINDIA 27788.5 28500
ABCAPITAL 189.25 200
ABFRL 292.15 270
ACC 2194.8 2280
ADANIENT 2831 3000
ADANIPORTS 1285.25 1340
ALKEM 5592.75 5500
AMBUJACEM 546.05 560
APOLLOHOSP 6845.45 7000
APOLLOTYRE 467.05 470
ASHOKLEY 216.15 220
ASIANPAINT 2482.75 2540
ASTRAL 1723.7 1760
ATUL 7277.75 7300
AUBANK 568.95 590
AUROPHARMA 1266.15 1300
AXISBANK 1146.45 1160
BAJAJ-AUTO 9461.8 9700
BAJAJFINSV 1656.55 1700
BAJFINANCE 6577.15 6800
BALKRISIND 2732.4 2750
BANDHANBNK 166.27 175
BANKBARODA 246.2 250
BATAINDIA 1327.65 1330
BEL 279.1 290
BERGEPAINT 488.95 500
BHARATFORG 1327 1380
BHARTIARTL 1545.2 1580
BHEL 223.5 235
BIOCON 334.55 335
BOSCHLTD 33331.3 34000
BPCL 304.8 310
BRITANNIA 4994.85 5100
BSOFT 551.9 560
CANBK 99.85 103
CANFINHOME 818.45 840
CHAMBLFERT 461.85 480
CHOLAFIN 1187.25 1260
CIPLA 1492.4 1540
COALINDIA 407.6 424.25
COFORGE 8136 8000
COLPAL 2753.7 2850
CONCOR 784.45 820
COROMANDEL 1666.6 1700
CROMPTON 381.95 395
CUB 172 175
CUMMINSIND 3302.95 3500
DABUR 510 530
DALBHARAT 1690.05 1780
DEEPAKNTR 2485.45 2600
DIVISLAB 5736.4 5900
DIXON 14867.95 14750
DLF 758.55 780
DRREDDY 1241 1270
EICHERMOT 4914.8 4800
ESCORTS 3497.9 3600
EXIDEIND 418.35 440
FEDERALBNK 199.76 202.5
GAIL 189.19 200
GLENMARK 1544.75 1600
GMRINFRA 76.39 80
GNFC 546.9 560
GODREJCP 1184.55 1200
GODREJPROP 2580.8 2700
GRANULES 530.75 490
GRASIM 2505.3 2520
GUJGASLTD 492 510
HAL 4013.6 4300
HAVELLS 1609.25 1640
HCLTECH 1889.55 1820
HDFCAMC 4306.7 4350
HDFCBANK 1694.9 1720
HDFCLIFE 686.6 700
HEROMOTOCO 4507.65 4800
HINDALCO 632.5 650
HINDCOPPER 261.7 290
HINDPETRO 369.1 380
HINDUNILVR 2432.6 2500
ICICIBANK 1256.95 1260
ICICIGI 1867.35 1900
ICICIPRULI 693.35 710
IDEA 7.5 8
IDFCFIRSTB 64.05 65
IEX 162.74 170
IGL 413.95 420
INDHOTEL 722.7 720
INDIAMART 2313.7 2300
INDIGO 3873.85 4000
INDUSINDBK 1038.35 1080
INDUSTOWER 318.6 340
INFY 1873.9 1820
IOC 135.66 142.5
IPCALAB 1512.75 1520
IRCTC 797.05 830
ITC 470.7 480
JINDALSTEL 877.7 910
JKCEMENT 3958.75 4150
JSWSTEEL 935.5 960
JUBLFOOD 618.95 620
KOTAKBANK 1694.35 1740
LALPATHLAB 2933.85 3100
LAURUSLABS 480.2 490
LICHSGFIN 613.45 630
LT 3529.1 3600
LTF 136.88 140
LTIM 5935.05 5950
LTTS 5170.65 5200
LUPIN 2031.3 2100
M&M 2762.55 2850
M&MFIN 258.55 270
MANAPPURAM 159.78 157.5
MARICO 595.3 610
MARUTI 10963.25 11100
MCX 6071.5 6200
METROPOLIS 2039.9 2100
MFSL 1211.8 1240
MGL 1327.65 1400
MOTHERSON 163.18 170
MPHASIS 2875.35 2900
MRF 121062.35 120000
MUTHOOTFIN 1765.4 1820
NATIONALUM 224.64 225
NAUKRI 7609.95 7700
NAVINFLUOR 3279.8 3350
NESTLEIND 2227.15 2300
NMDC 226.09 230
NTPC 383.5 390
OBEROIRLTY 1954.9 2000
OFSS 11949.95 11500
ONGC 252.2 260
PAGEIND 45866.5 46000
PEL 1023.7 1020
PERSISTENT 5771.95 5600
PETRONET 317.05 328
PFC 467.4 460
PIDILITIND 2979.4 3100
PIIND 4106.6 4300
PNB 101.85 105
POLYCAB 6363.05 6500
POWERGRID 313.65 320
PVRINOX 1461.9 1480
RAMCOCEM 893.25 880
RBLBANK 153.72 160
RECLTD 511.4 520
RELIANCE 1259.8 1300
SAIL 112.93 115
SBICARD 686.2 690
SBILIFE 1555.3 1580
SBIN 812.8 830
SHREECEM 23776.55 24500
SHRIRAMFIN 2815 3000
SIEMENS 6636.6 6900
SRF 2203.1 2280
SUNPHARMA 1777.7 1820
SUNTV 728 730
SYNGENE 859.3 880
TATACHEM 1047.05 1100
TATACOMM 1757.1 1780
TATACONSUM 951.1 980
TATAMOTORS 786 810
TATAPOWER 405.5 425
TATASTEEL 139.75 145
TCS 4140 4150
TECHM 1683.9 1660
TITAN 3181.8 3200
TORNTPHARM 3114.75 3200
TRENT 6458.7 6600
TVSMOTOR 2377.85 2400
UBL 1865.45 1900
ULTRACEMCO 10579.45 11000
UNITDSPR 1433.4 1460
UPL 514 530
VEDL 433.85 460
VOLTAS 1713 1700
WIPRO 571.9 560
ZYDUSLIFE 972.35 980

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.