`
[--[65.84.65.76]--]
INDIGO
Interglobe Aviation Ltd

4062.2 16.30 (0.40%)

Max pain for INDIGO

21 Nov 2024 02:02 PM IST

Max Pain for INDIGO is 4000  



Strike  3200  has a total call value of 0  versus a total put value of  124,034,250,000 Combined total value = 124,034,250,000

Strike  3250  has a total call value of 0  versus a total put value of  115,618,500,000 Combined total value = 115,618,500,000

Strike  3300  has a total call value of 0  versus a total put value of  107,202,750,000 Combined total value = 107,202,750,000

Strike  3350  has a total call value of 0  versus a total put value of  98,787,000,000 Combined total value = 98,787,000,000

Strike  3400  has a total call value of 0  versus a total put value of  90,371,250,000 Combined total value = 90,371,250,000

Strike  3450  has a total call value of 0  versus a total put value of  82,027,500,000 Combined total value = 82,027,500,000

Strike  3500  has a total call value of 0  versus a total put value of  73,683,750,000 Combined total value = 73,683,750,000

Strike  3550  has a total call value of 0  versus a total put value of  65,812,500,000 Combined total value = 65,812,500,000

Strike  3600  has a total call value of 0  versus a total put value of  57,941,250,000 Combined total value = 57,941,250,000

Strike  3650  has a total call value of 0  versus a total put value of  50,428,500,000 Combined total value = 50,428,500,000

Strike  3700  has a total call value of 0  versus a total put value of  43,065,000,000 Combined total value = 43,065,000,000

Strike  3750  has a total call value of 22,500,000  versus a total put value of  36,204,750,000 Combined total value = 36,227,250,000

Strike  3800  has a total call value of 45,000,000  versus a total put value of  29,678,250,000 Combined total value = 29,723,250,000

Strike  3850  has a total call value of 379,500,000  versus a total put value of  24,075,750,000 Combined total value = 24,455,250,000

Strike  3900  has a total call value of 891,000,000  versus a total put value of  18,966,750,000 Combined total value = 19,857,750,000

Strike  3950  has a total call value of 2,216,250,000  versus a total put value of  15,079,500,000 Combined total value = 17,295,750,000

Strike  4000  has a total call value of 3,832,500,000  versus a total put value of  11,596,500,000 Combined total value = 15,429,000,000

Strike  4050  has a total call value of 6,502,500,000  versus a total put value of  9,186,000,000 Combined total value = 15,688,500,000

Strike  4100  has a total call value of 9,693,750,000  versus a total put value of  7,185,000,000 Combined total value = 16,878,750,000

Strike  4150  has a total call value of 14,727,750,000  versus a total put value of  5,938,500,000 Combined total value = 20,666,250,000

Strike  4200  has a total call value of 20,121,000,000  versus a total put value of  5,033,250,000 Combined total value = 25,154,250,000

Strike  4250  has a total call value of 27,009,750,000  versus a total put value of  4,342,500,000 Combined total value = 31,352,250,000

Strike  4300  has a total call value of 34,269,750,000  versus a total put value of  3,670,500,000 Combined total value = 37,940,250,000

Strike  4350  has a total call value of 42,244,500,000  versus a total put value of  3,099,000,000 Combined total value = 45,343,500,000

Strike  4400  has a total call value of 50,387,250,000  versus a total put value of  2,536,500,000 Combined total value = 52,923,750,000

Strike  4450  has a total call value of 59,127,000,000  versus a total put value of  1,974,000,000 Combined total value = 61,101,000,000

Strike  4500  has a total call value of 67,976,250,000  versus a total put value of  1,411,500,000 Combined total value = 69,387,750,000

Strike  4550  has a total call value of 78,222,750,000  versus a total put value of  1,110,750,000 Combined total value = 79,333,500,000

Strike  4600  has a total call value of 88,469,250,000  versus a total put value of  810,000,000 Combined total value = 89,279,250,000

Strike  4650  has a total call value of 99,047,250,000  versus a total put value of  708,750,000 Combined total value = 99,756,000,000

Strike  4700  has a total call value of 109,625,250,000  versus a total put value of  607,500,000 Combined total value = 110,232,750,000

Strike  4750  has a total call value of 120,432,000,000  versus a total put value of  506,250,000 Combined total value = 120,938,250,000

Strike  4800  has a total call value of 131,238,750,000  versus a total put value of  405,000,000 Combined total value = 131,643,750,000

Strike  4850  has a total call value of 142,374,750,000  versus a total put value of  303,750,000 Combined total value = 142,678,500,000

Strike  4900  has a total call value of 153,510,750,000  versus a total put value of  202,500,000 Combined total value = 153,713,250,000

Strike  4950  has a total call value of 164,646,750,000  versus a total put value of  101,250,000 Combined total value = 164,748,000,000

Strike  5000  has a total call value of 175,782,750,000  versus a total put value of  0 Combined total value = 175,782,750,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 425.4 470
ABB 6769.4 7000
ABBOTINDIA 26990 28000
ABCAPITAL 184.17 200
ABFRL 286.9 300
ACC 2040 2240
ADANIENT 2312.6 2640
ADANIPORTS 1138.35 1200
ALKEM 5560 5500
AMBUJACEM 496.9 540
APOLLOHOSP 6730.15 6900
APOLLOTYRE 483.9 480
ASHOKLEY 217.79 220
ASIANPAINT 2429.55 2540
ASTRAL 1712.85 1780
ATUL 7246 7500
AUBANK 594.05 590
AUROPHARMA 1220.5 1300
AXISBANK 1141.3 1150
BAJAJ-AUTO 9486.4 9700
BAJAJFINSV 1575.65 1620
BAJFINANCE 6487.55 6700
BALKRISIND 2740.7 2800
BANDHANBNK 166.6 177.5
BANKBARODA 229.65 240
BATAINDIA 1280.65 1310
BEL 275.25 285
BERGEPAINT 466.8 495
BHARATFORG 1298.5 1340
BHARTIARTL 1520.35 1560
BHEL 227.67 235
BIOCON 324.65 330
BOSCHLTD 34092.3 34000
BPCL 282.4 300
BRITANNIA 4765.2 5000
BSOFT 545 560
CANBK 94.84 100
CANFINHOME 820.25 830
CHAMBLFERT 459.25 480
CHOLAFIN 1213.45 1240
CIPLA 1457.8 1520
COALINDIA 405.7 425
COFORGE 8212 8000
COLPAL 2680.5 2800
CONCOR 769.7 810
COROMANDEL 1774.5 1720
CROMPTON 382.4 390
CUB 170.94 175
CUMMINSIND 3289.9 3400
DABUR 506.7 525
DALBHARAT 1774 1760
DEEPAKNTR 2626.75 2650
DIVISLAB 5951.2 5900
DIXON 15052 14750
DLF 776.5 780
DRREDDY 1194.1 1220
EICHERMOT 4903.3 4900
ESCORTS 3460.55 3600
EXIDEIND 415.65 440
FEDERALBNK 210.75 205
GAIL 189.21 197.5
GLENMARK 1463.1 1520
GMRINFRA 76.92 82
GNFC 556 570
GODREJCP 1180.2 1200
GODREJPROP 2717.65 2750
GRANULES 545.1 580
GRASIM 2535 2540
GUJGASLTD 453.5 480
HAL 3995 4200
HAVELLS 1630.15 1640
HCLTECH 1830.95 1820
HDFCAMC 4207.65 4300
HDFCBANK 1742 1740
HDFCLIFE 673.6 680
HEROMOTOCO 4753.85 4800
HINDALCO 647 650
HINDCOPPER 263.3 290
HINDPETRO 360.25 375
HINDUNILVR 2378.5 2480
ICICIBANK 1249.65 1260
ICICIGI 1816.9 1880
ICICIPRULI 680.85 690
IDEA 6.99 8
IDFCFIRSTB 63.16 66
IEX 161.46 170
IGL 312.15 330
INDHOTEL 790.75 760
INDIAMART 2244 2400
INDIGO 4062.2 4000
INDUSINDBK 974 1040
INDUSTOWER 331.4 340
INFY 1826.85 1800
IOC 131.07 140
IPCALAB 1567.45 1560
IRCTC 796.6 820
ITC 456.55 475
JINDALSTEL 874.95 900
JKCEMENT 4006.4 4000
JSWSTEEL 942.8 960
JUBLFOOD 610.8 610
KOTAKBANK 1734.6 1760
LALPATHLAB 3020.1 3100
LAURUSLABS 487.7 490
LICHSGFIN 612.3 630
LT 3493.95 3600
LTF 137.85 140
LTIM 5913.75 5900
LTTS 5162.9 5150
LUPIN 2037.4 2100
M&M 2945.5 2900
M&MFIN 257.45 265
MANAPPURAM 151 155
MARICO 589.25 600
MARUTI 10913.05 11000
MCX 6181.75 6200
METROPOLIS 2010.95 2060
MFSL 1176.2 1200
MGL 1117.5 1160
MOTHERSON 161.88 175
MPHASIS 2771.6 2850
MRF 123020.55 122500
MUTHOOTFIN 1909 1880
NATIONALUM 249.21 240
NAUKRI 7529.1 7700
NAVINFLUOR 3271.8 3400
NESTLEIND 2204.95 2280
NMDC 218.7 225
NTPC 357.1 370
OBEROIRLTY 1931.8 1960
OFSS 11139.1 11500
ONGC 242.2 254
PAGEIND 44617.2 45500
PEL 1053.55 1060
PERSISTENT 5728.6 5600
PETRONET 320.85 328
PFC 452.6 460
PIDILITIND 2948.75 3060
PIIND 4127.4 4200
PNB 96.79 102
POLYCAB 6426.1 6500
POWERGRID 322.4 320
PVRINOX 1445.55 1500
RAMCOCEM 918.05 900
RBLBANK 158.59 160
RECLTD 490.3 510
RELIANCE 1219.15 1290
SAIL 111.41 115
SBICARD 673.55 690
SBILIFE 1484 1520
SBIN 782.25 800
SHREECEM 24280.4 24500
SHRIRAMFIN 2809.35 2900
SIEMENS 6676.7 6800
SRF 2157.55 2260
SUNPHARMA 1765 1800
SUNTV 728.3 730
SYNGENE 845.45 870
TATACHEM 1056.75 1100
TATACOMM 1711.55 1780
TATACONSUM 910.8 950
TATAMOTORS 778.8 800
TATAPOWER 410.2 420
TATASTEEL 140.61 145
TCS 4055.25 4100
TECHM 1697.9 1680
TITAN 3166.8 3200
TORNTPHARM 3093.05 3150
TRENT 6458.35 6600
TVSMOTOR 2400.6 2450
UBL 1823 1880
ULTRACEMCO 10931.3 11000
UNITDSPR 1490.05 1480
UPL 562.2 540
VEDL 442.6 460
VOLTAS 1675.1 1700
WIPRO 557.3 560
ZYDUSLIFE 940.6 960

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.