IOC
Indian Oil Corp Ltd
Max pain for IOC
13 Feb 2025 11:42 AM IST
Max Pain for IOC is 125
Strike 100 has a total call value of 0 versus a total put value of 103,479,187,500 Combined total value = 103,479,187,500
Strike 102.5 has a total call value of 0 versus a total put value of 93,491,531,250 Combined total value = 93,491,531,250
Strike 105 has a total call value of 0 versus a total put value of 83,503,875,000 Combined total value = 83,503,875,000
Strike 107.5 has a total call value of 0 versus a total put value of 73,884,281,250 Combined total value = 73,884,281,250
Strike 110 has a total call value of 0 versus a total put value of 64,604,718,750 Combined total value = 64,604,718,750
Strike 112.5 has a total call value of 71,906,250 versus a total put value of 56,202,656,250 Combined total value = 56,274,562,500
Strike 115 has a total call value of 216,937,500 versus a total put value of 48,210,093,750 Combined total value = 48,427,031,250
Strike 117.5 has a total call value of 443,625,000 versus a total put value of 40,978,031,250 Combined total value = 41,421,656,250
Strike 120 has a total call value of 797,062,500 versus a total put value of 34,334,625,000 Combined total value = 35,131,687,500
Strike 122.5 has a total call value of 1,991,437,500 versus a total put value of 29,211,000,000 Combined total value = 31,202,437,500
Strike 125 has a total call value of 3,857,343,750 versus a total put value of 24,607,781,250 Combined total value = 28,465,125,000
Strike 127.5 has a total call value of 7,787,812,500 versus a total put value of 20,928,375,000 Combined total value = 28,716,187,500
Strike 130 has a total call value of 12,687,187,500 versus a total put value of 17,629,218,750 Combined total value = 30,316,406,250
Strike 132.5 has a total call value of 20,568,843,750 versus a total put value of 15,189,281,250 Combined total value = 35,758,125,000
Strike 135 has a total call value of 29,242,687,500 versus a total put value of 12,909,000,000 Combined total value = 42,151,687,500
Strike 137.5 has a total call value of 39,449,718,750 versus a total put value of 11,078,437,500 Combined total value = 50,528,156,250
Strike 140 has a total call value of 50,199,093,750 versus a total put value of 9,247,875,000 Combined total value = 59,446,968,750
Strike 142.5 has a total call value of 63,161,718,750 versus a total put value of 7,804,875,000 Combined total value = 70,966,593,750
Strike 145 has a total call value of 76,124,343,750 versus a total put value of 6,361,875,000 Combined total value = 82,486,218,750
Strike 147.5 has a total call value of 89,819,437,500 versus a total put value of 4,918,875,000 Combined total value = 94,738,312,500
Strike 150 has a total call value of 103,736,343,750 versus a total put value of 3,475,875,000 Combined total value = 107,212,218,750
Strike 152.5 has a total call value of 119,225,437,500 versus a total put value of 2,606,906,250 Combined total value = 121,832,343,750
Strike 155 has a total call value of 134,714,531,250 versus a total put value of 1,737,937,500 Combined total value = 136,452,468,750
Strike 157.5 has a total call value of 150,203,625,000 versus a total put value of 868,968,750 Combined total value = 151,072,593,750
Strike 160 has a total call value of 165,692,718,750 versus a total put value of 0 Combined total value = 165,692,718,750
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 437 | 450 |
ABB | 5538.45 | 5600 |
ABBOTINDIA | 28679.9 | 28000 |
ABCAPITAL | 162.11 | 172.5 |
ABFRL | 253.85 | 275 |
ACC | 1941.3 | 2000 |
ADANIENSOL | 764.5 | 760 |
ADANIENT | 2327.2 | 2460 |
ADANIGREEN | 932 | 960 |
ADANIPORTS | 1140.45 | 1120 |
ALKEM | 4707 | 4800 |
AMBUJACEM | 508.95 | 510 |
ANGELONE | 2340.05 | 2300 |
APLAPOLLO | 1373 | 1440 |
APOLLOHOSP | 6371.85 | 6450 |
APOLLOTYRE | 421.2 | 420 |
ASHOKLEY | 220.84 | 215 |
ASIANPAINT | 2236.1 | 2280 |
ASTRAL | 1384.3 | 1460 |
ATGL | 602.35 | 620 |
ATUL | 5725 | 5900 |
AUBANK | 554.8 | 570 |
AUROPHARMA | 1190.65 | 1200 |
AXISBANK | 1015.7 | 1010 |
BAJAJ-AUTO | 8750 | 8900 |
BAJAJFINSV | 1835.4 | 1800 |
BAJFINANCE | 8486.55 | 8200 |
BALKRISIND | 2670 | 2660 |
BANDHANBNK | 141.95 | 150 |
BANKBARODA | 212.15 | 215 |
BANKINDIA | 102.05 | 105 |
BATAINDIA | 1326.45 | 1340 |
BEL | 264.2 | 275 |
BERGEPAINT | 486.7 | 480 |
BHARATFORG | 1084.45 | 1120 |
BHARTIARTL | 1722.65 | 1700 |
BHEL | 203.61 | 205 |
BIOCON | 362.45 | 365 |
BOSCHLTD | 27460.85 | 29500 |
BPCL | 259.3 | 260 |
BRITANNIA | 4925.5 | 4950 |
BSE | 5333 | 5300 |
BSOFT | 515 | 520 |
CAMS | 3473.45 | 3600 |
CANBK | 90.14 | 93 |
CANFINHOME | 613.35 | 640 |
CDSL | 1255.5 | 1280 |
CESC | 128.19 | 135 |
CGPOWER | 588.4 | 600 |
CHAMBLFERT | 540.55 | 530 |
CHOLAFIN | 1401 | 1340 |
CIPLA | 1486.8 | 1460 |
COALINDIA | 365 | 385 |
COFORGE | 7999.8 | 8300 |
COLPAL | 2519.95 | 2620 |
CONCOR | 705 | 730 |
COROMANDEL | 1854.7 | 1800 |
CROMPTON | 344.5 | 350 |
CUB | 170.15 | 170 |
CUMMINSIND | 2830.45 | 2900 |
CYIENT | 1474.05 | 1420 |
DABUR | 525 | 530 |
DALBHARAT | 1814.75 | 1820 |
DEEPAKNTR | 2232.1 | 2300 |
DELHIVERY | 285.1 | 295 |
DIVISLAB | 6075.05 | 6000 |
DIXON | 14979.25 | 15000 |
DLF | 688.85 | 710 |
DMART | 3677.65 | 3750 |
DRREDDY | 1223.25 | 1220 |
EICHERMOT | 4893.25 | 5000 |
ESCORTS | 3021.2 | 3200 |
EXIDEIND | 367.25 | 375 |
FEDERALBNK | 183.67 | 185 |
GAIL | 163.71 | 163.5 |
GLENMARK | 1422.1 | 1460 |
GMRAIRPORT | 73.13 | 75 |
GMRINFRA | 0 | 76 |
GNFC | 572.45 | 560 |
GODREJCP | 1069.35 | 1100 |
GODREJPROP | 2016.25 | 2100 |
GRANULES | 550.45 | 550 |
GRASIM | 2509.4 | 2500 |
GUJGASLTD | 411.6 | 425 |
HAL | 3716.85 | 3750 |
HAVELLS | 1528.2 | 1560 |
HCLTECH | 1721.5 | 1720 |
HDFCAMC | 3748.35 | 3800 |
HDFCBANK | 1712.45 | 1700 |
HDFCLIFE | 639.65 | 630 |
HEROMOTOCO | 4000 | 4100 |
HFCL | 93.01 | 100 |
HINDALCO | 605 | 600 |
HINDCOPPER | 230.28 | 230 |
HINDPETRO | 326.35 | 340 |
HINDUNILVR | 2341.7 | 2400 |
HUDCO | 195.4 | 200 |
ICICIBANK | 1261.8 | 1260 |
ICICIGI | 1790.4 | 1840 |
ICICIPRULI | 591.4 | 600 |
IDEA | 8.81 | 9 |
IDFCFIRSTB | 62.09 | 62 |
IEX | 170.5 | 175 |
IGL | 195.03 | 195 |
INDHOTEL | 740.8 | 770 |
INDIAMART | 2214.8 | 2180 |
INDIANB | 523.1 | 530 |
INDIGO | 4354.35 | 4400 |
INDUSINDBK | 1050.2 | 1050 |
INDUSTOWER | 354.2 | 360 |
INFY | 1857 | 1880 |
IOC | 121.34 | 125 |
IPCALAB | 1474.35 | 1440 |
IRB | 50.3 | 52 |
IRCTC | 760.3 | 780 |
IRFC | 127.64 | 130 |
ITC | 412.7 | 425 |
JINDALSTEL | 848.65 | 840 |
JIOFIN | 232.25 | 240 |
JKCEMENT | 4836.75 | 4800 |
JSL | 608 | 600 |
JSWENERGY | 476.6 | 470 |
JSWSTEEL | 977 | 960 |
JUBLFOOD | 680.85 | 680 |
KALYANKJIL | 521.5 | 500 |
KEI | 3477.3 | 3600 |
KOTAKBANK | 1974.8 | 1940 |
KPITTECH | 1346.15 | 1400 |
LALPATHLAB | 2660.8 | 2800 |
LAURUSLABS | 610.7 | 600 |
LICHSGFIN | 552.25 | 570 |
LICI | 787 | 820 |
LODHA | 1177.15 | 1200 |
LT | 3284.45 | 3400 |
LTF | 141.65 | 145 |
LTIM | 5649.05 | 5800 |
LTTS | 5075.7 | 5200 |
LUPIN | 2100 | 2100 |
M&M | 3015.45 | 3100 |
M&MFIN | 281.7 | 280 |
MANAPPURAM | 198.49 | 200 |
MARICO | 640.25 | 650 |
MARUTI | 12708.55 | 12700 |
MAXHEALTH | 1002.35 | 1040 |
MCX | 5724.5 | 5800 |
METROPOLIS | 1729.45 | 1800 |
MFSL | 1096.55 | 1100 |
MGL | 1300.65 | 1320 |
MOTHERSON | 128.87 | 135 |
MPHASIS | 2643.9 | 2800 |
MRF | 109495.45 | 110000 |
MUTHOOTFIN | 2311.6 | 2280 |
NATIONALUM | 192.61 | 195 |
NAUKRI | 7674.05 | 7800 |
NAVINFLUOR | 4124.15 | 4100 |
NBCC | 87.76 | 85 |
NCC | 201.2 | 205 |
NESTLEIND | 2191 | 2240 |
NHPC | 75.36 | 75 |
NMDC | 64.07 | 65 |
NTPC | 307.2 | 310 |
NYKAA | 171.67 | 170 |
OBEROIRLTY | 1619.75 | 1660 |
OFSS | 9094.1 | 9250 |
OIL | 410.8 | 410 |
ONGC | 237.35 | 245 |
PAGEIND | 42274.8 | 43000 |
PAYTM | 766.7 | 780 |
PEL | 976.2 | 1040 |
PERSISTENT | 5732 | 5900 |
PETRONET | 302.65 | 305 |
PFC | 385.85 | 400 |
PHOENIXLTD | 1597.3 | 1600 |
PIDILITIND | 2827.4 | 2900 |
PIIND | 3280.9 | 3450 |
PNB | 96.05 | 98 |
POLICYBZR | 1649.35 | 1600 |
POLYCAB | 5666.7 | 5700 |
POONAWALLA | 305.4 | 305 |
POWERGRID | 259.9 | 270 |
PRESTIGE | 1249.45 | 1300 |
PVRINOX | 1060.9 | 1080 |
RAMCOCEM | 869.5 | 880 |
RBLBANK | 164.5 | 165 |
RECLTD | 415.45 | 430 |
RELIANCE | 1225.8 | 1260 |
SAIL | 110.2 | 110 |
SBICARD | 861.9 | 820 |
SBILIFE | 1471.75 | 1460 |
SBIN | 735 | 750 |
SHREECEM | 28732.45 | 28000 |
SHRIRAMFIN | 557.1 | 560 |
SIEMENS | 5266 | 5300 |
SJVN | 92.08 | 90 |
SOLARINDS | 9001.25 | 9000 |
SONACOMS | 516.95 | 520 |
SRF | 2879.05 | 2840 |
SUNPHARMA | 1724.25 | 1720 |
SUNTV | 601.8 | 610 |
SUPREMEIND | 3907 | 4000 |
SYNGENE | 708.75 | 740 |
TATACHEM | 878.65 | 940 |
TATACOMM | 1542.45 | 1580 |
TATACONSUM | 1032.1 | 1030 |
TATAELXSI | 6143.95 | 6300 |
TATAMOTORS | 689.9 | 700 |
TATAPOWER | 353.35 | 370 |
TATASTEEL | 137.04 | 136 |
TCS | 3951.15 | 4000 |
TECHM | 1684.2 | 1680 |
TIINDIA | 2708.9 | 2900 |
TITAN | 3257.95 | 3350 |
TORNTPHARM | 3063.9 | 3150 |
TORNTPOWER | 1266.3 | 1300 |
TRENT | 5315.15 | 5400 |
TVSMOTOR | 2499.95 | 2520 |
UBL | 2052.8 | 2060 |
ULTRACEMCO | 11633.6 | 11500 |
UNIONBANK | 114.54 | 115 |
UNITDSPR | 1405.5 | 1420 |
UPL | 634.9 | 610 |
VBL | 523 | 530 |
VEDL | 429 | 440 |
VOLTAS | 1285.35 | 1340 |
WIPRO | 311.05 | 311.5 |
YESBANK | 18.3 | 19 |
ZOMATO | 218.35 | 220 |
ZYDUSLIFE | 946.9 | 970 |
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.