INFY
Infosys Limited
Max pain for INFY
13 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 269,871,200,000 Combined total value = 269,871,200,000
Strike 1380 has a total call value of 0 versus a total put value of 246,493,600,000 Combined total value = 246,493,600,000
Strike 1400 has a total call value of 0 versus a total put value of 223,116,000,000 Combined total value = 223,116,000,000
Strike 1420 has a total call value of 3,200,000 versus a total put value of 200,394,400,000 Combined total value = 200,397,600,000
Strike 1440 has a total call value of 6,400,000 versus a total put value of 177,790,400,000 Combined total value = 177,796,800,000
Strike 1460 has a total call value of 9,600,000 versus a total put value of 155,893,600,000 Combined total value = 155,903,200,000
Strike 1480 has a total call value of 12,800,000 versus a total put value of 134,644,000,000 Combined total value = 134,656,800,000
Strike 1500 has a total call value of 30,400,000 versus a total put value of 115,110,400,000 Combined total value = 115,140,800,000
Strike 1520 has a total call value of 255,200,000 versus a total put value of 98,082,400,000 Combined total value = 98,337,600,000
Strike 1540 has a total call value of 537,600,000 versus a total put value of 83,151,200,000 Combined total value = 83,688,800,000
Strike 1560 has a total call value of 1,044,000,000 versus a total put value of 69,603,200,000 Combined total value = 70,647,200,000
Strike 1580 has a total call value of 2,426,400,000 versus a total put value of 57,647,200,000 Combined total value = 60,073,600,000
Strike 1600 has a total call value of 6,024,800,000 versus a total put value of 47,735,200,000 Combined total value = 53,760,000,000
Strike 1620 has a total call value of 14,654,400,000 versus a total put value of 40,092,800,000 Combined total value = 54,747,200,000
Strike 1640 has a total call value of 26,316,800,000 versus a total put value of 33,256,800,000 Combined total value = 59,573,600,000
Strike 1660 has a total call value of 41,724,800,000 versus a total put value of 27,509,600,000 Combined total value = 69,234,400,000
Strike 1680 has a total call value of 60,996,000,000 versus a total put value of 22,180,000,000 Combined total value = 83,176,000,000
Strike 1700 has a total call value of 83,312,800,000 versus a total put value of 17,537,600,000 Combined total value = 100,850,400,000
Strike 1720 has a total call value of 112,704,000,000 versus a total put value of 14,019,200,000 Combined total value = 126,723,200,000
Strike 1740 has a total call value of 144,897,600,000 versus a total put value of 10,928,800,000 Combined total value = 155,826,400,000
Strike 1760 has a total call value of 179,852,000,000 versus a total put value of 8,189,600,000 Combined total value = 188,041,600,000
Strike 1780 has a total call value of 217,436,000,000 versus a total put value of 5,888,800,000 Combined total value = 223,324,800,000
Strike 1800 has a total call value of 256,244,000,000 versus a total put value of 4,048,800,000 Combined total value = 260,292,800,000
Strike 1820 has a total call value of 298,615,200,000 versus a total put value of 2,850,400,000 Combined total value = 301,465,600,000
Strike 1840 has a total call value of 342,010,400,000 versus a total put value of 2,028,800,000 Combined total value = 344,039,200,000
Strike 1860 has a total call value of 386,380,800,000 versus a total put value of 1,347,200,000 Combined total value = 387,728,000,000
Strike 1880 has a total call value of 431,581,600,000 versus a total put value of 830,400,000 Combined total value = 432,412,000,000
Strike 1900 has a total call value of 477,479,200,000 versus a total put value of 384,800,000 Combined total value = 477,864,000,000
Strike 1920 has a total call value of 526,288,000,000 versus a total put value of 355,200,000 Combined total value = 526,643,200,000
Strike 1940 has a total call value of 575,402,400,000 versus a total put value of 325,600,000 Combined total value = 575,728,000,000
Strike 1960 has a total call value of 624,832,000,000 versus a total put value of 296,000,000 Combined total value = 625,128,000,000
Strike 1980 has a total call value of 674,504,800,000 versus a total put value of 266,400,000 Combined total value = 674,771,200,000
Strike 2000 has a total call value of 724,384,000,000 versus a total put value of 236,800,000 Combined total value = 724,620,800,000
Strike 2020 has a total call value of 774,960,000,000 versus a total put value of 207,200,000 Combined total value = 775,167,200,000
Strike 2040 has a total call value of 825,592,800,000 versus a total put value of 177,600,000 Combined total value = 825,770,400,000
Strike 2060 has a total call value of 876,424,000,000 versus a total put value of 148,000,000 Combined total value = 876,572,000,000
Strike 2080 has a total call value of 927,255,200,000 versus a total put value of 118,400,000 Combined total value = 927,373,600,000
Strike 2100 has a total call value of 978,086,400,000 versus a total put value of 88,800,000 Combined total value = 978,175,200,000
Strike 2120 has a total call value of 1,029,071,200,000 versus a total put value of 59,200,000 Combined total value = 1,029,130,400,000
Strike 2140 has a total call value of 1,080,056,000,000 versus a total put value of 29,600,000 Combined total value = 1,080,085,600,000
Strike 2160 has a total call value of 1,131,040,800,000 versus a total put value of 0 Combined total value = 1,131,040,800,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 382.75 | 400 |
| ABB | 5118.55 | 5200 |
| ABCAPITAL | 162.19 | 162.5 |
| ABFRL | 240.05 | 250 |
| ACC | 1854 | 1860 |
| ADANIENSOL | 783.2 | 760 |
| ADANIENT | 2221.1 | 2380 |
| ADANIGREEN | 873.65 | 840 |
| ADANIPORTS | 1119.2 | 1120 |
| ALKEM | 4706.95 | 4700 |
| AMBUJACEM | 485.8 | 485 |
| ANGELONE | 1953.5 | 2000 |
| APLAPOLLO | 1372.8 | 1400 |
| APOLLOHOSP | 6105.65 | 6150 |
| APOLLOTYRE | 400.95 | 400 |
| ASHOKLEY | 196.63 | 205 |
| ASIANPAINT | 2231.3 | 2260 |
| ASTRAL | 1238.3 | 1300 |
| ATGL | 604.35 | 580 |
| AUBANK | 502.85 | 530 |
| AUROPHARMA | 1094.75 | 1100 |
| AXISBANK | 1010.2 | 1020 |
| BAJAJ-AUTO | 7504.7 | 7600 |
| BAJAJFINSV | 1807.45 | 1820 |
| BAJFINANCE | 8420.45 | 8400 |
| BALKRISIND | 2499.05 | 2520 |
| BANDHANBNK | 139.84 | 145 |
| BANKBARODA | 205.52 | 210 |
| BANKINDIA | 94.12 | 96 |
| BEL | 280.07 | 275 |
| BERGEPAINT | 488.2 | 490 |
| BHARATFORG | 1039.25 | 1040 |
| BHARTIARTL | 1632.5 | 1640 |
| BHEL | 193.33 | 200 |
| BIOCON | 323.05 | 320 |
| BOSCHLTD | 26378.35 | 27000 |
| BPCL | 264.41 | 260 |
| BRITANNIA | 4728.25 | 4750 |
| BSE | 3926.25 | 4300 |
| BSOFT | 385.75 | 400 |
| CAMS | 3410.1 | 3400 |
| CANBK | 82.9 | 85 |
| CDSL | 1071 | 1100 |
| CESC | 138.67 | 135 |
| CGPOWER | 599.1 | 600 |
| CHAMBLFERT | 556.55 | 560 |
| CHOLAFIN | 1444.7 | 1420 |
| CIPLA | 1461.9 | 1440 |
| COALINDIA | 378.3 | 380 |
| COFORGE | 7292.25 | 7500 |
| COLPAL | 2411.7 | 2480 |
| CONCOR | 640.25 | 670 |
| CROMPTON | 344.25 | 350 |
| CUMMINSIND | 2835.25 | 2850 |
| CYIENT | 1192.35 | 1240 |
| DABUR | 500.95 | 500 |
| DALBHARAT | 1607.1 | 1680 |
| DEEPAKNTR | 1948.6 | 1900 |
| DELHIVERY | 241.76 | 250 |
| DIVISLAB | 5620.45 | 5650 |
| DIXON | 13324.05 | 13500 |
| DLF | 658.1 | 660 |
| DMART | 3797.1 | 3750 |
| DRREDDY | 1107.95 | 1120 |
| EICHERMOT | 5015.25 | 5000 |
| ESCORTS | 2908.5 | 3000 |
| EXIDEIND | 333 | 350 |
| FEDERALBNK | 176.6 | 180 |
| GAIL | 157.96 | 160 |
| GLENMARK | 1405.15 | 1380 |
| GMRAIRPORT | 74.33 | 72 |
| GODREJCP | 1025.8 | 1030 |
| GODREJPROP | 1969.1 | 2000 |
| GRANULES | 470.65 | 490 |
| GRASIM | 2370.2 | 2400 |
| HAL | 3396.15 | 3450 |
| HAVELLS | 1458.65 | 1460 |
| HCLTECH | 1534.75 | 1560 |
| HDFCAMC | 3725.1 | 3750 |
| HDFCBANK | 1706.6 | 1720 |
| HDFCLIFE | 622.4 | 620 |
| HEROMOTOCO | 3529.15 | 3650 |
| HFCL | 77.55 | 82.5 |
| HINDALCO | 677.35 | 660 |
| HINDCOPPER | 215.8 | 225 |
| HINDPETRO | 323.7 | 325 |
| HINDUNILVR | 2174.8 | 2220 |
| HUDCO | 180.76 | 180 |
| ICICIBANK | 1250.05 | 1250 |
| ICICIGI | 1678.75 | 1680 |
| ICICIPRULI | 536.6 | 550 |
| IDEA | 6.95 | 8 |
| IDFCFIRSTB | 53.48 | 57 |
| IEX | 153.56 | 160 |
| IGL | 184.88 | 190 |
| IIFL | 313.25 | 310 |
| INDHOTEL | 750.45 | 750 |
| INDIANB | 490.4 | 500 |
| INDIGO | 4700.85 | 4600 |
| INDUSINDBK | 672.35 | 750 |
| INDUSTOWER | 327 | 330 |
| INFY | 1579.85 | 1600 |
| IOC | 125.67 | 125 |
| IRB | 42.8 | 45 |
| IRCTC | 689.05 | 700 |
| IREDA | 139.85 | 140 |
| IRFC | 117.69 | 117.5 |
| ITC | 412.05 | 410 |
| JINDALSTEL | 889.7 | 900 |
| JIOFIN | 222.6 | 220 |
| JKCEMENT | 4271.3 | 4400 |
| JSL | 632.3 | 640 |
| JSWENERGY | 514.1 | 500 |
| JSWSTEEL | 1001.2 | 1000 |
| JUBLFOOD | 596.35 | 610 |
| KALYANKJIL | 430.9 | 420 |
| KEI | 3053.95 | 3000 |
| KOTAKBANK | 1985.1 | 1960 |
| KPITTECH | 1206.45 | 1260 |
| LAURUSLABS | 574.05 | 560 |
| LICHSGFIN | 515.6 | 520 |
| LICI | 740.15 | 760 |
| LODHA | 1055.25 | 1100 |
| LT | 3187.3 | 3250 |
| LTF | 138.64 | 140 |
| LTIM | 4467.05 | 4700 |
| LTTS | 4378.2 | 4500 |
| LUPIN | 1968.45 | 1980 |
| M&M | 2643.5 | 2700 |
| M&MFIN | 271.35 | 275 |
| MANAPPURAM | 208.14 | 200 |
| MARICO | 606.3 | 610 |
| MARUTI | 11513.8 | 11700 |
| MAXHEALTH | 990.7 | 1000 |
| MCX | 4808.45 | 4900 |
| MFSL | 1052.55 | 1040 |
| MGL | 1285.95 | 1300 |
| MOTHERSON | 121.76 | 125 |
| MPHASIS | 2205.15 | 2250 |
| MRF | 105041.6 | 105000 |
| MUTHOOTFIN | 2196.35 | 2180 |
| NATIONALUM | 187.87 | 190 |
| NAUKRI | 6382.55 | 6700 |
| NBCC | 77.89 | 80 |
| NCC | 185.86 | 185 |
| NESTLEIND | 2191.95 | 2220 |
| NHPC | 77.57 | 77 |
| NMDC | 63.8 | 65 |
| NTPC | 331.9 | 325 |
| NYKAA | 164.56 | 165 |
| OBEROIRLTY | 1533.5 | 1560 |
| OFSS | 7328 | 7500 |
| OIL | 375.5 | 370 |
| ONGC | 225.43 | 227.5 |
| PAGEIND | 40099.25 | 40000 |
| PATANJALI | 1718.6 | 1700 |
| PAYTM | 682.85 | 700 |
| PEL | 885.95 | 920 |
| PERSISTENT | 5125.75 | 5200 |
| PETRONET | 281 | 290 |
| PFC | 388.35 | 390 |
| PHOENIXLTD | 1564.5 | 1600 |
| PIDILITIND | 2729.9 | 2740 |
| PIIND | 3297.3 | 3200 |
| PNB | 87.2 | 90 |
| POLICYBZR | 1331.9 | 1400 |
| POLYCAB | 5003.1 | 5000 |
| POONAWALLA | 281.35 | 280 |
| POWERGRID | 267.65 | 265 |
| PRESTIGE | 1129.6 | 1150 |
| RAMCOCEM | 801.55 | 820 |
| RBLBANK | 156.32 | 160 |
| RECLTD | 406.65 | 400 |
| RELIANCE | 1247.9 | 1240 |
| SAIL | 105.89 | 110 |
| SBICARD | 829.85 | 840 |
| SBILIFE | 1385.55 | 1420 |
| SBIN | 727.85 | 730 |
| SHREECEM | 27495.15 | 27750 |
| SHRIRAMFIN | 619.55 | 620 |
| SIEMENS | 4927.9 | 5000 |
| SJVN | 85.42 | 85 |
| SOLARINDS | 10097.15 | 9800 |
| SONACOMS | 485.8 | 500 |
| SRF | 2951.8 | 2860 |
| SUNPHARMA | 1683.45 | 1640 |
| SUPREMEIND | 3343.75 | 3400 |
| SYNGENE | 666.2 | 680 |
| TATACHEM | 796.1 | 820 |
| TATACOMM | 1503.95 | 1460 |
| TATACONSUM | 946.1 | 960 |
| TATAELXSI | 5236.75 | 5400 |
| TATAMOTORS | 655.5 | 650 |
| TATAPOWER | 350.75 | 360 |
| TATASTEEL | 150.88 | 150 |
| TATATECH | 636.8 | 650 |
| TCS | 3511.05 | 3600 |
| TECHM | 1440.65 | 1480 |
| TIINDIA | 2926.55 | 2800 |
| TITAGARH | 694.3 | 700 |
| TITAN | 3010.15 | 3100 |
| TORNTPHARM | 3056.05 | 3000 |
| TORNTPOWER | 1291.2 | 1340 |
| TRENT | 5022.4 | 5000 |
| TVSMOTOR | 2250.9 | 2300 |
| ULTRACEMCO | 10452.1 | 10400 |
| UNIONBANK | 113.7 | 115 |
| UNITDSPR | 1353.7 | 1300 |
| UPL | 601.45 | 620 |
| USDINR | 87.09 | 77.25 |
| VBL | 488.15 | 480 |
| VEDL | 442.95 | 440 |
| VOLTAS | 1402.55 | 1380 |
| WIPRO | 264 | 270 |
| YESBANK | 16.19 | 17 |
| ZOMATO | 201.43 | 210 |
| ZYDUSLIFE | 883.1 | 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.
