INFY
Infosys Limited
Max pain for INFY
21 May 2025 04:10 PM IST
Max Pain for INFY is 1540
Strike 1140 has a total call value of 0 versus a total put value of 408,924,000,000 Combined total value = 408,924,000,000
Strike 1160 has a total call value of 0 versus a total put value of 382,854,400,000 Combined total value = 382,854,400,000
Strike 1180 has a total call value of 0 versus a total put value of 357,111,200,000 Combined total value = 357,111,200,000
Strike 1200 has a total call value of 0 versus a total put value of 331,467,200,000 Combined total value = 331,467,200,000
Strike 1220 has a total call value of 0 versus a total put value of 307,878,400,000 Combined total value = 307,878,400,000
Strike 1240 has a total call value of 0 versus a total put value of 284,676,000,000 Combined total value = 284,676,000,000
Strike 1260 has a total call value of 0 versus a total put value of 261,562,400,000 Combined total value = 261,562,400,000
Strike 1280 has a total call value of 0 versus a total put value of 238,612,800,000 Combined total value = 238,612,800,000
Strike 1300 has a total call value of 76,800,000 versus a total put value of 215,997,600,000 Combined total value = 216,074,400,000
Strike 1320 has a total call value of 292,800,000 versus a total put value of 195,284,000,000 Combined total value = 195,576,800,000
Strike 1340 has a total call value of 508,800,000 versus a total put value of 174,896,800,000 Combined total value = 175,405,600,000
Strike 1360 has a total call value of 899,200,000 versus a total put value of 155,086,400,000 Combined total value = 155,985,600,000
Strike 1380 has a total call value of 1,289,600,000 versus a total put value of 135,928,000,000 Combined total value = 137,217,600,000
Strike 1400 has a total call value of 1,680,000,000 versus a total put value of 117,348,000,000 Combined total value = 119,028,000,000
Strike 1420 has a total call value of 2,512,800,000 versus a total put value of 100,384,800,000 Combined total value = 102,897,600,000
Strike 1440 has a total call value of 3,565,600,000 versus a total put value of 83,871,200,000 Combined total value = 87,436,800,000
Strike 1460 has a total call value of 5,092,000,000 versus a total put value of 68,121,600,000 Combined total value = 73,213,600,000
Strike 1480 has a total call value of 6,835,200,000 versus a total put value of 53,828,000,000 Combined total value = 60,663,200,000
Strike 1500 has a total call value of 9,293,600,000 versus a total put value of 41,044,800,000 Combined total value = 50,338,400,000
Strike 1520 has a total call value of 13,786,400,000 versus a total put value of 30,997,600,000 Combined total value = 44,784,000,000
Strike 1540 has a total call value of 19,720,000,000 versus a total put value of 22,789,600,000 Combined total value = 42,509,600,000
Strike 1560 has a total call value of 27,053,600,000 versus a total put value of 16,182,400,000 Combined total value = 43,236,000,000
Strike 1580 has a total call value of 36,790,400,000 versus a total put value of 10,941,600,000 Combined total value = 47,732,000,000
Strike 1600 has a total call value of 48,822,400,000 versus a total put value of 7,252,000,000 Combined total value = 56,074,400,000
Strike 1620 has a total call value of 68,212,800,000 versus a total put value of 5,590,400,000 Combined total value = 73,803,200,000
Strike 1640 has a total call value of 90,965,600,000 versus a total put value of 4,337,600,000 Combined total value = 95,303,200,000
Strike 1660 has a total call value of 118,069,600,000 versus a total put value of 3,541,600,000 Combined total value = 121,611,200,000
Strike 1680 has a total call value of 147,217,600,000 versus a total put value of 2,933,600,000 Combined total value = 150,151,200,000
Strike 1700 has a total call value of 178,448,000,000 versus a total put value of 2,410,400,000 Combined total value = 180,858,400,000
Strike 1720 has a total call value of 214,442,400,000 versus a total put value of 2,144,000,000 Combined total value = 216,586,400,000
Strike 1740 has a total call value of 251,694,400,000 versus a total put value of 1,904,000,000 Combined total value = 253,598,400,000
Strike 1760 has a total call value of 290,371,200,000 versus a total put value of 1,664,000,000 Combined total value = 292,035,200,000
Strike 1780 has a total call value of 329,611,200,000 versus a total put value of 1,424,000,000 Combined total value = 331,035,200,000
Strike 1800 has a total call value of 369,056,800,000 versus a total put value of 1,184,000,000 Combined total value = 370,240,800,000
Strike 1820 has a total call value of 409,880,000,000 versus a total put value of 1,065,600,000 Combined total value = 410,945,600,000
Strike 1840 has a total call value of 450,703,200,000 versus a total put value of 947,200,000 Combined total value = 451,650,400,000
Strike 1860 has a total call value of 491,635,200,000 versus a total put value of 828,800,000 Combined total value = 492,464,000,000
Strike 1880 has a total call value of 532,567,200,000 versus a total put value of 710,400,000 Combined total value = 533,277,600,000
Strike 1900 has a total call value of 573,542,400,000 versus a total put value of 592,000,000 Combined total value = 574,134,400,000
Strike 1920 has a total call value of 614,517,600,000 versus a total put value of 473,600,000 Combined total value = 614,991,200,000
Strike 1940 has a total call value of 655,492,800,000 versus a total put value of 355,200,000 Combined total value = 655,848,000,000
Strike 1960 has a total call value of 696,468,000,000 versus a total put value of 236,800,000 Combined total value = 696,704,800,000
Strike 1980 has a total call value of 737,443,200,000 versus a total put value of 118,400,000 Combined total value = 737,561,600,000
Strike 2000 has a total call value of 778,418,400,000 versus a total put value of 0 Combined total value = 778,418,400,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 468.8 | 460 |
| ABB | 5886.5 | 5700 |
| ABCAPITAL | 221.46 | 210 |
| ABFRL | 268.95 | 275 |
| ACC | 1941.4 | 1920 |
| ADANIENSOL | 872.15 | 900 |
| ADANIENT | 2500.4 | 2500 |
| ADANIGREEN | 996.5 | 960 |
| ADANIPORTS | 1384.6 | 1340 |
| ALKEM | 5374 | 5300 |
| AMBUJACEM | 567.8 | 570 |
| ANGELONE | 2866.2 | 2650 |
| APLAPOLLO | 1814.4 | 1700 |
| APOLLOHOSP | 6984 | 6950 |
| APOLLOTYRE | 488.1 | 485 |
| ASHOKLEY | 244.61 | 232.5 |
| ASIANPAINT | 2312.4 | 2340 |
| ASTRAL | 1377.7 | 1380 |
| ATGL | 663.35 | 650 |
| AUBANK | 692.9 | 670 |
| AUROPHARMA | 1204.1 | 1220 |
| AXISBANK | 1197.8 | 1180 |
| BAJAJ-AUTO | 8687.5 | 8500 |
| BAJAJFINSV | 2037.3 | 2020 |
| BAJFINANCE | 9197.5 | 9100 |
| BALKRISIND | 2665.6 | 2700 |
| BANDHANBNK | 168.22 | 167.5 |
| BANKBARODA | 241.3 | 235 |
| BANKINDIA | 117.96 | 115 |
| BEL | 383 | 365 |
| BHARATFORG | 1229 | 1200 |
| BHARTIARTL | 1822.5 | 1820 |
| BHEL | 247.42 | 245 |
| BIOCON | 340.65 | 335 |
| BOSCHLTD | 31655 | 31000 |
| BPCL | 315.85 | 310 |
| BRITANNIA | 5493.5 | 5500 |
| BSE | 7305 | 7000 |
| BSOFT | 424 | 420 |
| CAMS | 3887.5 | 3850 |
| CANBK | 107.84 | 104 |
| CDSL | 1450.3 | 1400 |
| CESC | 171.92 | 165 |
| CGPOWER | 694 | 660 |
| CHAMBLFERT | 603.85 | 630 |
| CHOLAFIN | 1656 | 1600 |
| CIPLA | 1482.4 | 1500 |
| COALINDIA | 405.35 | 400 |
| COFORGE | 8266 | 7800 |
| COLPAL | 2659.3 | 2660 |
| CONCOR | 731.55 | 720 |
| CROMPTON | 349.05 | 345 |
| CUMMINSIND | 2980.9 | 2900 |
| CYIENT | 1304.6 | 1260 |
| DABUR | 481.75 | 480 |
| DALBHARAT | 2089.3 | 2000 |
| DEEPAKNTR | 2090.2 | 2060 |
| DELHIVERY | 348.1 | 340 |
| DIVISLAB | 6552 | 6400 |
| DIXON | 15612 | 16000 |
| DLF | 775.15 | 750 |
| DMART | 4112.7 | 4100 |
| DRREDDY | 1224.7 | 1200 |
| EICHERMOT | 5409 | 5500 |
| ESCORTS | 3514.4 | 3400 |
| ETERNAL | 229.97 | 230 |
| EXIDEIND | 384.8 | 380 |
| FEDERALBNK | 200.82 | 195 |
| GAIL | 190.64 | 190 |
| GLENMARK | 1440.1 | 1420 |
| GMRAIRPORT | 87.63 | 88 |
| GODREJCP | 1280 | 1270 |
| GODREJPROP | 2181 | 2200 |
| GRANULES | 517.9 | 500 |
| GRASIM | 2706.9 | 2720 |
| HAL | 5001.1 | 4850 |
| HAVELLS | 1577.2 | 1600 |
| HCLTECH | 1652 | 1600 |
| HDFCAMC | 4815.5 | 4650 |
| HDFCBANK | 1926.8 | 1920 |
| HDFCLIFE | 759.7 | 730 |
| HEROMOTOCO | 4263.8 | 4100 |
| HFCL | 85.13 | 85 |
| HINDALCO | 663 | 650 |
| HINDCOPPER | 229.47 | 230 |
| HINDPETRO | 404.9 | 400 |
| HINDUNILVR | 2363.9 | 2360 |
| HINDZINC | 442.05 | 440 |
| HUDCO | 229.34 | 225 |
| ICICIBANK | 1444.7 | 1440 |
| ICICIGI | 1878.1 | 1880 |
| ICICIPRULI | 618.15 | 610 |
| IDEA | 6.76 | 7 |
| IDFCFIRSTB | 66.67 | 67 |
| IEX | 199.18 | 197.5 |
| IGL | 207.56 | 200 |
| IIFL | 413.15 | 400 |
| INDHOTEL | 773.1 | 770 |
| INDIANB | 601.7 | 590 |
| INDIGO | 5461.5 | 5400 |
| INDUSINDBK | 769.95 | 800 |
| INDUSTOWER | 387.95 | 390 |
| INFY | 1568.5 | 1540 |
| INOXWIND | 185.76 | 180 |
| IOC | 143.39 | 144 |
| IRB | 51.35 | 50 |
| IRCTC | 790.2 | 790 |
| IREDA | 172.21 | 170 |
| IRFC | 138.08 | 135 |
| ITC | 433 | 430 |
| JINDALSTEL | 968.5 | 940 |
| JIOFIN | 274.35 | 265 |
| JSL | 643.4 | 640 |
| JSWENERGY | 504.8 | 490 |
| JSWSTEEL | 1000.9 | 1000 |
| JUBLFOOD | 674.4 | 680 |
| KALYANKJIL | 552.05 | 540 |
| KEI | 3431.4 | 3300 |
| KOTAKBANK | 2071.3 | 2100 |
| KPITTECH | 1331.6 | 1300 |
| LAURUSLABS | 597.05 | 600 |
| LICHSGFIN | 595.75 | 600 |
| LICI | 853.8 | 840 |
| LODHA | 1409 | 1360 |
| LT | 3589 | 3500 |
| LTF | 173.58 | 170 |
| LTIM | 5033.8 | 4900 |
| LUPIN | 1996 | 2020 |
| M&M | 3090.7 | 3050 |
| M&MFIN | 260.25 | 257.85 |
| MANAPPURAM | 228.06 | 230 |
| MARICO | 709.65 | 720 |
| MARUTI | 12615 | 12200 |
| MAXHEALTH | 1142.1 | 1160 |
| MCX | 6370.5 | 6200 |
| MFSL | 1396.7 | 1340 |
| MGL | 1382 | 1380 |
| MOTHERSON | 148.24 | 142.5 |
| MPHASIS | 2557.6 | 2540 |
| MRF | 142285 | 140000 |
| MUTHOOTFIN | 2089.6 | 2100 |
| NATIONALUM | 181.75 | 180 |
| NAUKRI | 1475.5 | 1440 |
| NBCC | 113.21 | 107 |
| NCC | 233.54 | 230 |
| NESTLEIND | 2392.6 | 2380 |
| NHPC | 87.62 | 86 |
| NMDC | 70.15 | 70 |
| NTPC | 346.15 | 345 |
| NYKAA | 200.48 | 200 |
| OBEROIRLTY | 1731.9 | 1680 |
| OFSS | 8383.5 | 8435 |
| OIL | 426.5 | 420 |
| ONGC | 248.68 | 240 |
| PAGEIND | 47620 | 47000 |
| PATANJALI | 1725 | 1780 |
| PAYTM | 843.1 | 860 |
| PEL | 1139 | 1100 |
| PERSISTENT | 5670 | 5600 |
| PETRONET | 321.75 | 320 |
| PFC | 412.7 | 420 |
| PHOENIXLTD | 1617.8 | 1600 |
| PIDILITIND | 2986.2 | 3020 |
| PIIND | 3709.9 | 3700 |
| PNB | 101.9 | 100 |
| PNBHOUSING | 1050.8 | 1060 |
| POLICYBZR | 1726.7 | 1700 |
| POLYCAB | 6055 | 5900 |
| POONAWALLA | 397.2 | 390 |
| POWERGRID | 296.15 | 302.5 |
| PRESTIGE | 1432.6 | 1400 |
| RAMCOCEM | 978.8 | 980 |
| RBLBANK | 207.84 | 210 |
| RECLTD | 400.2 | 410 |
| RELIANCE | 1429.2 | 1390 |
| SAIL | 124.88 | 120 |
| SBICARD | 903.15 | 900 |
| SBILIFE | 1763.9 | 1740 |
| SBIN | 787.1 | 790 |
| SHREECEM | 31490 | 31000 |
| SHRIRAMFIN | 658 | 640 |
| SIEMENS | 3290.8 | 3100 |
| SJVN | 101.05 | 100 |
| SOLARINDS | 14192 | 13750 |
| SONACOMS | 525.05 | 510 |
| SRF | 2951.3 | 3000 |
| SUNPHARMA | 1731.8 | 1700 |
| SUPREMEIND | 3826 | 3800 |
| SYNGENE | 639.35 | 640 |
| TATACHEM | 859.1 | 860 |
| TATACOMM | 1664.7 | 1600 |
| TATACONSUM | 1138.8 | 1130 |
| TATAELXSI | 6184.5 | 6000 |
| TATAMOTORS | 726.8 | 700 |
| TATAPOWER | 401.85 | 400 |
| TATASTEEL | 161.64 | 155 |
| TATATECH | 757.2 | 700 |
| TCS | 3525.8 | 3500 |
| TECHM | 1598.2 | 1540 |
| TIINDIA | 3002.7 | 3000 |
| TITAGARH | 904.5 | 860 |
| TITAN | 3580.5 | 3500 |
| TORNTPHARM | 3289 | 3300 |
| TORNTPOWER | 1398.7 | 1420 |
| TRENT | 5443.5 | 5500 |
| TVSMOTOR | 2767.3 | 2780 |
| ULTRACEMCO | 11666 | 11800 |
| UNIONBANK | 139.46 | 132.5 |
| UNITDSPR | 1557.4 | 1540 |
| UPL | 638.4 | 650 |
| VBL | 479.15 | 500 |
| VEDL | 437.75 | 440 |
| VOLTAS | 1268.6 | 1280 |
| WIPRO | 250.92 | 247.5 |
| YESBANK | 20.98 | 21 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 889.65 | 890 |
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.
