INFY
Infosys Limited
Max pain for INFY
19 Mar 2025 04:10 PM IST
Max Pain for INFY is 1600
Strike 1360 has a total call value of 0 versus a total put value of 270,400,800,000 Combined total value = 270,400,800,000
Strike 1380 has a total call value of 0 versus a total put value of 246,463,200,000 Combined total value = 246,463,200,000
Strike 1400 has a total call value of 0 versus a total put value of 222,525,600,000 Combined total value = 222,525,600,000
Strike 1420 has a total call value of 3,200,000 versus a total put value of 199,331,200,000 Combined total value = 199,334,400,000
Strike 1440 has a total call value of 6,400,000 versus a total put value of 176,220,800,000 Combined total value = 176,227,200,000
Strike 1460 has a total call value of 9,600,000 versus a total put value of 153,836,800,000 Combined total value = 153,846,400,000
Strike 1480 has a total call value of 12,800,000 versus a total put value of 132,171,200,000 Combined total value = 132,184,000,000
Strike 1500 has a total call value of 16,000,000 versus a total put value of 112,072,800,000 Combined total value = 112,088,800,000
Strike 1520 has a total call value of 177,600,000 versus a total put value of 94,216,000,000 Combined total value = 94,393,600,000
Strike 1540 has a total call value of 396,800,000 versus a total put value of 78,548,000,000 Combined total value = 78,944,800,000
Strike 1560 has a total call value of 808,800,000 versus a total put value of 64,439,200,000 Combined total value = 65,248,000,000
Strike 1580 has a total call value of 2,047,200,000 versus a total put value of 52,522,400,000 Combined total value = 54,569,600,000
Strike 1600 has a total call value of 5,568,800,000 versus a total put value of 43,211,200,000 Combined total value = 48,780,000,000
Strike 1620 has a total call value of 13,517,600,000 versus a total put value of 36,364,800,000 Combined total value = 49,882,400,000
Strike 1640 has a total call value of 24,529,600,000 versus a total put value of 30,311,200,000 Combined total value = 54,840,800,000
Strike 1660 has a total call value of 38,360,800,000 versus a total put value of 25,206,400,000 Combined total value = 63,567,200,000
Strike 1680 has a total call value of 55,504,000,000 versus a total put value of 20,468,000,000 Combined total value = 75,972,000,000
Strike 1700 has a total call value of 75,292,000,000 versus a total put value of 16,384,800,000 Combined total value = 91,676,800,000
Strike 1720 has a total call value of 100,596,800,000 versus a total put value of 13,339,200,000 Combined total value = 113,936,000,000
Strike 1740 has a total call value of 128,481,600,000 versus a total put value of 10,676,800,000 Combined total value = 139,158,400,000
Strike 1760 has a total call value of 159,086,400,000 versus a total put value of 8,314,400,000 Combined total value = 167,400,800,000
Strike 1780 has a total call value of 191,784,800,000 versus a total put value of 6,386,400,000 Combined total value = 198,171,200,000
Strike 1800 has a total call value of 225,596,000,000 versus a total put value of 4,908,800,000 Combined total value = 230,504,800,000
Strike 1820 has a total call value of 262,050,400,000 versus a total put value of 4,040,800,000 Combined total value = 266,091,200,000
Strike 1840 has a total call value of 299,284,800,000 versus a total put value of 3,172,800,000 Combined total value = 302,457,600,000
Strike 1860 has a total call value of 337,329,600,000 versus a total put value of 2,304,800,000 Combined total value = 339,634,400,000
Strike 1880 has a total call value of 376,118,400,000 versus a total put value of 1,596,000,000 Combined total value = 377,714,400,000
Strike 1900 has a total call value of 415,496,800,000 versus a total put value of 960,000,000 Combined total value = 416,456,800,000
Strike 1920 has a total call value of 457,680,800,000 versus a total put value of 713,600,000 Combined total value = 458,394,400,000
Strike 1940 has a total call value of 500,141,600,000 versus a total put value of 528,800,000 Combined total value = 500,670,400,000
Strike 1960 has a total call value of 542,602,400,000 versus a total put value of 344,000,000 Combined total value = 542,946,400,000
Strike 1980 has a total call value of 585,279,200,000 versus a total put value of 159,200,000 Combined total value = 585,438,400,000
Strike 2000 has a total call value of 628,156,000,000 versus a total put value of 0 Combined total value = 628,156,000,000
Strike 2020 has a total call value of 671,678,400,000 versus a total put value of 0 Combined total value = 671,678,400,000
Strike 2040 has a total call value of 715,200,800,000 versus a total put value of 0 Combined total value = 715,200,800,000
Strike 2060 has a total call value of 758,920,800,000 versus a total put value of 0 Combined total value = 758,920,800,000
Strike 2080 has a total call value of 802,640,800,000 versus a total put value of 0 Combined total value = 802,640,800,000
Strike 2100 has a total call value of 846,360,800,000 versus a total put value of 0 Combined total value = 846,360,800,000
Strike 2120 has a total call value of 890,080,800,000 versus a total put value of 0 Combined total value = 890,080,800,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 399.35 | 400 |
| ABB | 5475.6 | 5300 |
| ABCAPITAL | 170.79 | 167.5 |
| ABFRL | 251.25 | 250 |
| ACC | 1900 | 1880 |
| ADANIENSOL | 813.9 | 760 |
| ADANIENT | 2318.65 | 2400 |
| ADANIGREEN | 911.2 | 860 |
| ADANIPORTS | 1173.5 | 1140 |
| ALKEM | 4851.8 | 4700 |
| AMBUJACEM | 507.05 | 505 |
| ANGELONE | 2215.35 | 2100 |
| APLAPOLLO | 1492.8 | 1440 |
| APOLLOHOSP | 6427.55 | 6300 |
| APOLLOTYRE | 425.05 | 420 |
| ASHOKLEY | 205.69 | 207.5 |
| ASIANPAINT | 2280.7 | 2260 |
| ASTRAL | 1261 | 1280 |
| ATGL | 622.6 | 600 |
| AUBANK | 525.8 | 515 |
| AUROPHARMA | 1163.8 | 1140 |
| AXISBANK | 1052.05 | 1040 |
| BAJAJ-AUTO | 7721.85 | 7700 |
| BAJAJFINSV | 1842.25 | 1840 |
| BAJFINANCE | 8731.6 | 8600 |
| BALKRISIND | 2619.7 | 2560 |
| BANDHANBNK | 141.27 | 145 |
| BANKBARODA | 213.76 | 212.5 |
| BANKINDIA | 103.21 | 100 |
| BEL | 290 | 280 |
| BERGEPAINT | 501.4 | 500 |
| BHARATFORG | 1136 | 1060 |
| BHARTIARTL | 1637.15 | 1640 |
| BHEL | 205.69 | 200 |
| BIOCON | 341.9 | 330 |
| BOSCHLTD | 27557.3 | 27000 |
| BPCL | 265.26 | 260 |
| BRITANNIA | 4707.1 | 4750 |
| BSE | 4392.45 | 4400 |
| BSOFT | 395.1 | 400 |
| CAMS | 3815.95 | 3600 |
| CANBK | 85.57 | 85 |
| CDSL | 1173.25 | 1120 |
| CESC | 147.62 | 140 |
| CGPOWER | 663.3 | 620 |
| CHAMBLFERT | 586.95 | 570 |
| CHOLAFIN | 1513.25 | 1440 |
| CIPLA | 1499.15 | 1480 |
| COALINDIA | 395.85 | 390 |
| COFORGE | 7550.45 | 7500 |
| COLPAL | 2413.85 | 2480 |
| CONCOR | 684.2 | 680 |
| CROMPTON | 360.45 | 350 |
| CUMMINSIND | 3002.2 | 2900 |
| CYIENT | 1253.75 | 1220 |
| DABUR | 495.45 | 500 |
| DALBHARAT | 1726.25 | 1700 |
| DEEPAKNTR | 2025.4 | 1950 |
| DELHIVERY | 260.96 | 255 |
| DIVISLAB | 5818.1 | 5700 |
| DIXON | 13875.6 | 13500 |
| DLF | 697.55 | 680 |
| DMART | 3845.2 | 3750 |
| DRREDDY | 1172.1 | 1140 |
| EICHERMOT | 5100.9 | 5000 |
| ESCORTS | 3188.85 | 3100 |
| EXIDEIND | 350.15 | 355 |
| FEDERALBNK | 186.19 | 182.5 |
| GAIL | 165.96 | 165 |
| GLENMARK | 1486.7 | 1420 |
| GMRAIRPORT | 76.68 | 74 |
| GODREJCP | 1074.3 | 1050 |
| GODREJPROP | 2104.6 | 2050 |
| GRANULES | 496.25 | 490 |
| GRASIM | 2458.2 | 2400 |
| HAL | 3740.65 | 3550 |
| HAVELLS | 1557.95 | 1500 |
| HCLTECH | 1544.45 | 1580 |
| HDFCAMC | 3975.75 | 3850 |
| HDFCBANK | 1744.1 | 1740 |
| HDFCLIFE | 664.55 | 630 |
| HEROMOTOCO | 3537 | 3600 |
| HFCL | 82.01 | 82.5 |
| HINDALCO | 698.55 | 670 |
| HINDCOPPER | 222.89 | 225 |
| HINDPETRO | 328 | 325 |
| HINDUNILVR | 2200.05 | 2240 |
| HUDCO | 201.08 | 190 |
| ICICIBANK | 1313.1 | 1280 |
| ICICIGI | 1756.5 | 1720 |
| ICICIPRULI | 563 | 560 |
| IDEA | 7.44 | 8 |
| IDFCFIRSTB | 55.42 | 57 |
| IEX | 167.96 | 165 |
| IGL | 193.29 | 190 |
| IIFL | 330.55 | 320 |
| INDHOTEL | 810.6 | 780 |
| INDIANB | 525.25 | 510 |
| INDIGO | 4980.55 | 4750 |
| INDUSINDBK | 692.7 | 750 |
| INDUSTOWER | 339.3 | 340 |
| INFY | 1586.55 | 1600 |
| IOC | 127.75 | 125 |
| IRB | 45.5 | 45 |
| IRCTC | 717.65 | 710 |
| IREDA | 151.87 | 142.5 |
| IRFC | 128.11 | 122.5 |
| ITC | 403.05 | 405 |
| JINDALSTEL | 925 | 900 |
| JIOFIN | 228.84 | 225 |
| JKCEMENT | 4639.65 | 4500 |
| JSL | 655.35 | 650 |
| JSWENERGY | 570.75 | 530 |
| JSWSTEEL | 1033.35 | 1010 |
| JUBLFOOD | 637.4 | 630 |
| KALYANKJIL | 453.55 | 440 |
| KEI | 3283.25 | 3200 |
| KOTAKBANK | 2021.55 | 2000 |
| KPITTECH | 1263.1 | 1260 |
| LAURUSLABS | 606.1 | 580 |
| LICHSGFIN | 549.8 | 530 |
| LICI | 776.75 | 770 |
| LODHA | 1177.45 | 1140 |
| LT | 3319.55 | 3300 |
| LTF | 146.3 | 145 |
| LTIM | 4365.45 | 4500 |
| LTTS | 4647.2 | 4600 |
| LUPIN | 2060.95 | 2000 |
| M&M | 2789.1 | 2750 |
| M&MFIN | 287.15 | 280 |
| MANAPPURAM | 213.92 | 200 |
| MARICO | 619.1 | 610 |
| MARUTI | 11615.55 | 11700 |
| MAXHEALTH | 1087.45 | 1060 |
| MCX | 5207.85 | 5100 |
| MFSL | 1102.2 | 1060 |
| MGL | 1332.5 | 1300 |
| MOTHERSON | 129.01 | 127.5 |
| MPHASIS | 2285.85 | 2300 |
| MRF | 109922.8 | 107000 |
| MUTHOOTFIN | 2416.45 | 2340 |
| NATIONALUM | 186.38 | 190 |
| NAUKRI | 6749.4 | 6700 |
| NBCC | 83.33 | 80 |
| NCC | 196.73 | 190 |
| NESTLEIND | 2184 | 2200 |
| NHPC | 80.2 | 78 |
| NMDC | 68.78 | 67 |
| NTPC | 341.3 | 335 |
| NYKAA | 164.84 | 165 |
| OBEROIRLTY | 1614.25 | 1560 |
| OFSS | 7674.85 | 7500 |
| OIL | 385.85 | 370 |
| ONGC | 232.57 | 230 |
| PAGEIND | 41252.45 | 40500 |
| PATANJALI | 1748 | 1720 |
| PAYTM | 763.1 | 720 |
| PEL | 962.35 | 940 |
| PERSISTENT | 5280.6 | 5300 |
| PETRONET | 297.5 | 290 |
| PFC | 403.9 | 400 |
| PHOENIXLTD | 1555.65 | 1600 |
| PIDILITIND | 2731.85 | 2740 |
| PIIND | 3404.95 | 3250 |
| PNB | 91.02 | 90 |
| POLICYBZR | 1555.75 | 1450 |
| POLYCAB | 5438.4 | 5100 |
| POONAWALLA | 323.6 | 300 |
| POWERGRID | 277.2 | 270 |
| PRESTIGE | 1200.75 | 1150 |
| RAMCOCEM | 855.95 | 830 |
| RBLBANK | 167.23 | 162.5 |
| RECLTD | 429.5 | 410 |
| RELIANCE | 1247.15 | 1240 |
| SAIL | 113.23 | 110 |
| SBICARD | 846.5 | 840 |
| SBILIFE | 1484.9 | 1440 |
| SBIN | 745.1 | 740 |
| SHREECEM | 28527.85 | 28000 |
| SHRIRAMFIN | 667.95 | 640 |
| SIEMENS | 5224.5 | 5000 |
| SJVN | 91.71 | 87.5 |
| SOLARINDS | 10310.8 | 10000 |
| SONACOMS | 507.95 | 500 |
| SRF | 3005.35 | 2900 |
| SUNPHARMA | 1732.35 | 1680 |
| SUPREMEIND | 3429.8 | 3500 |
| SYNGENE | 706.05 | 690 |
| TATACHEM | 833.1 | 840 |
| TATACOMM | 1561.1 | 1500 |
| TATACONSUM | 949.85 | 950 |
| TATAELXSI | 5366.3 | 5300 |
| TATAMOTORS | 682.25 | 670 |
| TATAPOWER | 371.45 | 370 |
| TATASTEEL | 158.6 | 151 |
| TATATECH | 671.3 | 650 |
| TCS | 3497.1 | 3550 |
| TECHM | 1396.15 | 1440 |
| TIINDIA | 2859.4 | 2800 |
| TITAGARH | 752.6 | 720 |
| TITAN | 3076.3 | 3100 |
| TORNTPHARM | 3191.3 | 3100 |
| TORNTPOWER | 1440.5 | 1340 |
| TRENT | 5230.85 | 5100 |
| TVSMOTOR | 2319.75 | 2300 |
| ULTRACEMCO | 10933.25 | 10500 |
| UNIONBANK | 119.68 | 117 |
| UNITDSPR | 1347.3 | 1300 |
| UPL | 646.3 | 630 |
| USDINR | 86.44 | 77.25 |
| VBL | 540.9 | 510 |
| VEDL | 460.55 | 440 |
| VOLTAS | 1495.2 | 1440 |
| WIPRO | 265.7 | 270 |
| YESBANK | 17.03 | 17 |
| ZOMATO | 223.53 | 220 |
| ZYDUSLIFE | 909.9 | 900 |
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.
