IOC
Indian Oil Corp Ltd
Max pain for IOC
28 Mar 2025 04:12 PM IST
Max Pain for IOC is 132.5
Strike 100 has a total call value of 0 versus a total put value of 97,373,737,500 Combined total value = 97,373,737,500
Strike 101 has a total call value of 0 versus a total put value of 94,012,912,500 Combined total value = 94,012,912,500
Strike 102 has a total call value of 0 versus a total put value of 90,652,087,500 Combined total value = 90,652,087,500
Strike 102.5 has a total call value of 0 versus a total put value of 88,971,675,000 Combined total value = 88,971,675,000
Strike 103 has a total call value of 0 versus a total put value of 87,291,262,500 Combined total value = 87,291,262,500
Strike 104 has a total call value of 0 versus a total put value of 83,930,437,500 Combined total value = 83,930,437,500
Strike 105 has a total call value of 0 versus a total put value of 80,569,612,500 Combined total value = 80,569,612,500
Strike 106 has a total call value of 0 versus a total put value of 77,287,762,500 Combined total value = 77,287,762,500
Strike 107 has a total call value of 0 versus a total put value of 74,005,912,500 Combined total value = 74,005,912,500
Strike 107.5 has a total call value of 0 versus a total put value of 72,364,987,500 Combined total value = 72,364,987,500
Strike 108 has a total call value of 0 versus a total put value of 70,737,468,750 Combined total value = 70,737,468,750
Strike 109 has a total call value of 0 versus a total put value of 67,482,431,250 Combined total value = 67,482,431,250
Strike 110 has a total call value of 0 versus a total put value of 64,227,393,750 Combined total value = 64,227,393,750
Strike 111 has a total call value of 0 versus a total put value of 61,095,206,250 Combined total value = 61,095,206,250
Strike 112 has a total call value of 0 versus a total put value of 57,963,018,750 Combined total value = 57,963,018,750
Strike 112.5 has a total call value of 0 versus a total put value of 56,396,925,000 Combined total value = 56,396,925,000
Strike 113 has a total call value of 0 versus a total put value of 54,858,862,500 Combined total value = 54,858,862,500
Strike 114 has a total call value of 0 versus a total put value of 51,782,737,500 Combined total value = 51,782,737,500
Strike 115 has a total call value of 0 versus a total put value of 48,706,612,500 Combined total value = 48,706,612,500
Strike 116 has a total call value of 19,012,500 versus a total put value of 45,772,837,500 Combined total value = 45,791,850,000
Strike 117 has a total call value of 38,025,000 versus a total put value of 42,839,062,500 Combined total value = 42,877,087,500
Strike 117.5 has a total call value of 47,531,250 versus a total put value of 41,372,175,000 Combined total value = 41,419,706,250
Strike 118 has a total call value of 57,037,500 versus a total put value of 39,949,406,250 Combined total value = 40,006,443,750
Strike 119 has a total call value of 76,050,000 versus a total put value of 37,117,518,750 Combined total value = 37,193,568,750
Strike 120 has a total call value of 95,062,500 versus a total put value of 34,285,631,250 Combined total value = 34,380,693,750
Strike 121 has a total call value of 223,275,000 versus a total put value of 31,741,368,750 Combined total value = 31,964,643,750
Strike 122 has a total call value of 351,487,500 versus a total put value of 29,219,531,250 Combined total value = 29,571,018,750
Strike 122.5 has a total call value of 417,300,000 versus a total put value of 27,979,575,000 Combined total value = 28,396,875,000
Strike 123 has a total call value of 498,712,500 versus a total put value of 26,790,318,750 Combined total value = 27,289,031,250
Strike 124 has a total call value of 661,537,500 versus a total put value of 24,438,131,250 Combined total value = 25,099,668,750
Strike 125 has a total call value of 825,825,000 versus a total put value of 22,119,093,750 Combined total value = 22,944,918,750
Strike 126 has a total call value of 1,127,587,500 versus a total put value of 20,324,606,250 Combined total value = 21,452,193,750
Strike 127 has a total call value of 1,442,025,000 versus a total put value of 18,561,806,250 Combined total value = 20,003,831,250
Strike 127.5 has a total call value of 1,603,875,000 versus a total put value of 17,695,031,250 Combined total value = 19,298,906,250
Strike 128 has a total call value of 1,815,937,500 versus a total put value of 16,888,950,000 Combined total value = 18,704,887,500
Strike 129 has a total call value of 2,263,950,000 versus a total put value of 15,307,012,500 Combined total value = 17,570,962,500
Strike 130 has a total call value of 2,733,412,500 versus a total put value of 13,751,400,000 Combined total value = 16,484,812,500
Strike 131 has a total call value of 3,738,150,000 versus a total put value of 12,576,037,500 Combined total value = 16,314,187,500
Strike 132 has a total call value of 4,787,737,500 versus a total put value of 11,442,600,000 Combined total value = 16,230,337,500
Strike 132.5 has a total call value of 5,336,175,000 versus a total put value of 10,885,875,000 Combined total value = 16,222,050,000
Strike 133 has a total call value of 6,021,356,250 versus a total put value of 10,389,356,250 Combined total value = 16,410,712,500
Strike 134 has a total call value of 7,427,306,250 versus a total put value of 9,405,581,250 Combined total value = 16,832,887,500
Strike 135 has a total call value of 8,854,706,250 versus a total put value of 8,427,656,250 Combined total value = 17,282,362,500
Strike 136 has a total call value of 10,933,406,250 versus a total put value of 7,651,556,250 Combined total value = 18,584,962,500
Strike 137 has a total call value of 13,034,531,250 versus a total put value of 6,884,231,250 Combined total value = 19,918,762,500
Strike 137.5 has a total call value of 14,093,868,750 versus a total put value of 6,504,956,250 Combined total value = 20,598,825,000
Strike 138 has a total call value of 15,242,906,250 versus a total put value of 6,143,231,250 Combined total value = 21,386,137,500
Strike 139 has a total call value of 17,562,431,250 versus a total put value of 5,423,681,250 Combined total value = 22,986,112,500
Strike 140 has a total call value of 19,901,943,750 versus a total put value of 4,706,568,750 Combined total value = 24,608,512,500
Strike 141 has a total call value of 22,916,643,750 versus a total put value of 4,188,843,750 Combined total value = 27,105,487,500
Strike 142 has a total call value of 25,942,556,250 versus a total put value of 3,671,118,750 Combined total value = 29,613,675,000
Strike 142.5 has a total call value of 27,462,337,500 versus a total put value of 3,412,256,250 Combined total value = 30,874,593,750
Strike 143 has a total call value of 29,017,218,750 versus a total put value of 3,164,362,500 Combined total value = 32,181,581,250
Strike 144 has a total call value of 32,126,981,250 versus a total put value of 2,668,575,000 Combined total value = 34,795,556,250
Strike 145 has a total call value of 35,249,418,750 versus a total put value of 2,172,787,500 Combined total value = 37,422,206,250
Strike 146 has a total call value of 38,733,093,750 versus a total put value of 1,737,450,000 Combined total value = 40,470,543,750
Strike 147 has a total call value of 42,216,768,750 versus a total put value of 1,303,087,500 Combined total value = 43,519,856,250
Strike 147.5 has a total call value of 43,958,606,250 versus a total put value of 1,085,906,250 Combined total value = 45,044,512,500
Strike 148 has a total call value of 45,737,250,000 versus a total put value of 868,725,000 Combined total value = 46,605,975,000
Strike 149 has a total call value of 49,294,537,500 versus a total put value of 434,362,500 Combined total value = 49,728,900,000
Strike 150 has a total call value of 52,851,825,000 versus a total put value of 0 Combined total value = 52,851,825,000
Strike 151 has a total call value of 56,772,300,000 versus a total put value of 0 Combined total value = 56,772,300,000
Strike 152 has a total call value of 60,692,775,000 versus a total put value of 0 Combined total value = 60,692,775,000
Strike 152.5 has a total call value of 62,653,012,500 versus a total put value of 0 Combined total value = 62,653,012,500
Strike 153 has a total call value of 64,613,250,000 versus a total put value of 0 Combined total value = 64,613,250,000
Strike 154 has a total call value of 68,533,725,000 versus a total put value of 0 Combined total value = 68,533,725,000
Strike 155 has a total call value of 72,454,200,000 versus a total put value of 0 Combined total value = 72,454,200,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 127.7 | 400 |
| ABB | 127.7 | 5600 |
| ABCAPITAL | 127.7 | 190 |
| ABFRL | 127.7 | 260 |
| ACC | 127.7 | 1960 |
| ADANIENSOL | 127.7 | 840 |
| ADANIENT | 127.7 | 2500 |
| ADANIGREEN | 127.7 | 940 |
| ADANIPORTS | 127.7 | 1200 |
| ALKEM | 127.7 | 5000 |
| AMBUJACEM | 127.7 | 550 |
| ANGELONE | 127.7 | 2200 |
| APLAPOLLO | 127.7 | 1520 |
| APOLLOHOSP | 127.7 | 6600 |
| APOLLOTYRE | 127.7 | 430 |
| ASHOKLEY | 127.7 | 210 |
| ASIANPAINT | 127.7 | 2340 |
| ASTRAL | 127.7 | 1300 |
| ATGL | 127.7 | 610 |
| AUBANK | 127.7 | 550 |
| AUROPHARMA | 127.7 | 1160 |
| AXISBANK | 127.7 | 1100 |
| BAJAJ-AUTO | 127.7 | 8000 |
| BAJAJFINSV | 127.7 | 1980 |
| BAJFINANCE | 127.7 | 8900 |
| BALKRISIND | 127.7 | 2580 |
| BANDHANBNK | 127.7 | 150 |
| BANKBARODA | 127.7 | 230 |
| BANKINDIA | 127.7 | 107 |
| BEL | 127.7 | 300 |
| BERGEPAINT | 127.7 | 500 |
| BHARATFORG | 127.7 | 1160 |
| BHARTIARTL | 127.7 | 1700 |
| BHEL | 127.7 | 220 |
| BIOCON | 127.7 | 345 |
| BOSCHLTD | 127.7 | 28000 |
| BPCL | 127.7 | 280 |
| BRITANNIA | 127.7 | 4900 |
| BSE | 127.7 | 5100 |
| BSOFT | 127.7 | 400 |
| CAMS | 127.7 | 3700 |
| CANBK | 127.7 | 90 |
| CDSL | 127.7 | 1200 |
| CESC | 127.7 | 155 |
| CGPOWER | 127.7 | 650 |
| CHAMBLFERT | 127.7 | 610 |
| CHOLAFIN | 127.7 | 1520 |
| CIPLA | 127.7 | 1480 |
| COALINDIA | 127.7 | 410 |
| COFORGE | 127.7 | 8000 |
| COLPAL | 127.7 | 2400 |
| CONCOR | 127.7 | 710 |
| CROMPTON | 127.7 | 360 |
| CUMMINSIND | 127.7 | 3050 |
| CYIENT | 127.7 | 1300 |
| DABUR | 127.7 | 510 |
| DALBHARAT | 127.7 | 1800 |
| DEEPAKNTR | 127.7 | 2000 |
| DELHIVERY | 127.7 | 260 |
| DIVISLAB | 127.7 | 5800 |
| DIXON | 127.7 | 13500 |
| DLF | 127.7 | 700 |
| DMART | 127.7 | 4050 |
| DRREDDY | 127.7 | 1150 |
| EICHERMOT | 127.7 | 5400 |
| ESCORTS | 127.7 | 3300 |
| EXIDEIND | 127.7 | 370 |
| FEDERALBNK | 127.7 | 195 |
| GAIL | 127.7 | 182.5 |
| GLENMARK | 127.7 | 1500 |
| GMRAIRPORT | 127.7 | 77 |
| GODREJCP | 127.7 | 1140 |
| GODREJPROP | 127.7 | 2150 |
| GOLDM | 127.7 | 88500 |
| GRANULES | 127.7 | 500 |
| GRASIM | 127.7 | 2580 |
| HAL | 127.7 | 4150 |
| HAVELLS | 127.7 | 1500 |
| HCLTECH | 127.7 | 1600 |
| HDFCAMC | 127.7 | 4100 |
| HDFCBANK | 127.7 | 1800 |
| HDFCLIFE | 127.7 | 680 |
| HEROMOTOCO | 127.7 | 3750 |
| HFCL | 127.7 | 82.5 |
| HINDALCO | 127.7 | 690 |
| HINDCOPPER | 127.7 | 230 |
| HINDPETRO | 127.7 | 360 |
| HINDUNILVR | 127.7 | 2300 |
| HUDCO | 127.7 | 200 |
| ICICIBANK | 127.7 | 1340 |
| ICICIGI | 127.7 | 1800 |
| ICICIPRULI | 127.7 | 580 |
| IDEA | 127.7 | 8 |
| IDFCFIRSTB | 127.7 | 58 |
| IEX | 127.7 | 180 |
| IGL | 127.7 | 200 |
| IIFL | 127.7 | 330 |
| INDHOTEL | 127.7 | 800 |
| INDIANB | 127.7 | 550 |
| INDIGO | 127.7 | 5000 |
| INDUSINDBK | 127.7 | 670 |
| INDUSTOWER | 127.7 | 350 |
| INFY | 127.7 | 1600 |
| IOC | 127.7 | 132.5 |
| IRB | 127.7 | 46 |
| IRCTC | 127.7 | 740 |
| IREDA | 127.7 | 152.5 |
| IRFC | 127.7 | 125 |
| ITC | 127.7 | 410 |
| JINDALSTEL | 127.7 | 920 |
| JIOFIN | 127.7 | 230 |
| JSL | 127.7 | 600 |
| JSWENERGY | 127.7 | 550 |
| JSWSTEEL | 127.7 | 1050 |
| JUBLFOOD | 127.7 | 660 |
| KALYANKJIL | 127.7 | 480 |
| KEI | 127.7 | 2900 |
| KOTAKBANK | 127.7 | 2120 |
| KPITTECH | 127.7 | 1300 |
| LAURUSLABS | 127.7 | 610 |
| LICHSGFIN | 127.7 | 570 |
| LICI | 127.7 | 800 |
| LODHA | 127.7 | 1200 |
| LT | 127.7 | 3500 |
| LTF | 127.7 | 150 |
| LTIM | 127.7 | 4600 |
| LUPIN | 127.7 | 2040 |
| M&M | 127.7 | 2700 |
| M&MFIN | 127.7 | 290 |
| MANAPPURAM | 127.7 | 230 |
| MARICO | 127.7 | 640 |
| MARUTI | 127.7 | 11700 |
| MAXHEALTH | 127.7 | 1120 |
| MCX | 127.7 | 5400 |
| MFSL | 127.7 | 1140 |
| MGL | 127.7 | 1380 |
| MOTHERSON | 127.7 | 135 |
| MPHASIS | 127.7 | 2500 |
| MRF | 127.7 | 115000 |
| MUTHOOTFIN | 127.7 | 2200 |
| NATIONALUM | 127.7 | 185 |
| NAUKRI | 127.7 | 7100 |
| NBCC | 127.7 | 82.5 |
| NCC | 127.7 | 210 |
| NESTLEIND | 127.7 | 2260 |
| NHPC | 127.7 | 84 |
| NMDC | 127.7 | 69 |
| NTPC | 127.7 | 360 |
| NYKAA | 127.7 | 175 |
| OBEROIRLTY | 127.7 | 1640 |
| OFSS | 127.7 | 8000 |
| OIL | 127.7 | 390 |
| ONGC | 127.7 | 250 |
| PAGEIND | 127.7 | 43000 |
| PATANJALI | 127.7 | 1800 |
| PAYTM | 127.7 | 780 |
| PEL | 127.7 | 1000 |
| PERSISTENT | 127.7 | 5500 |
| PETRONET | 127.7 | 300 |
| PFC | 127.7 | 420 |
| PHOENIXLTD | 127.7 | 1600 |
| PIDILITIND | 127.7 | 2840 |
| PIIND | 127.7 | 3500 |
| PNB | 127.7 | 97 |
| POLICYBZR | 127.7 | 1600 |
| POLYCAB | 127.7 | 5100 |
| POONAWALLA | 127.7 | 335 |
| POWERGRID | 127.7 | 295 |
| PRESTIGE | 127.7 | 1200 |
| RAMCOCEM | 127.7 | 900 |
| RBLBANK | 127.7 | 175 |
| RECLTD | 127.7 | 440 |
| RELIANCE | 127.7 | 1300 |
| SAIL | 127.7 | 120 |
| SBICARD | 127.7 | 865 |
| SBILIFE | 127.7 | 1540 |
| SBIN | 127.7 | 780 |
| SHREECEM | 127.7 | 30500 |
| SHRIRAMFIN | 127.7 | 660 |
| SIEMENS | 127.7 | 5300 |
| SILVER | 127.7 | 98000 |
| SJVN | 127.7 | 95 |
| SOLARINDS | 127.7 | 11000 |
| SONACOMS | 127.7 | 460 |
| SRF | 127.7 | 2960 |
| SUNPHARMA | 127.7 | 1740 |
| SUPREMEIND | 127.7 | 3500 |
| SYNGENE | 127.7 | 720 |
| TATACHEM | 127.7 | 880 |
| TATACOMM | 127.7 | 1600 |
| TATACONSUM | 127.7 | 1000 |
| TATAELXSI | 127.7 | 5300 |
| TATAMOTORS | 127.7 | 700 |
| TATAPOWER | 127.7 | 400 |
| TATASTEEL | 127.7 | 156 |
| TATATECH | 127.7 | 680 |
| TCS | 127.7 | 3660 |
| TECHM | 127.7 | 1440 |
| TIINDIA | 127.7 | 2800 |
| TITAGARH | 127.7 | 800 |
| TITAN | 127.7 | 3100 |
| TORNTPHARM | 127.7 | 3250 |
| TORNTPOWER | 127.7 | 1500 |
| TRENT | 127.7 | 5400 |
| TVSMOTOR | 127.7 | 2440 |
| ULTRACEMCO | 127.7 | 11400 |
| UNIONBANK | 127.7 | 125 |
| UNITDSPR | 127.7 | 1400 |
| UPL | 127.7 | 640 |
| VBL | 127.7 | 520 |
| VEDL | 127.7 | 470 |
| VOLTAS | 127.7 | 1440 |
| WIPRO | 127.7 | 267.5 |
| YESBANK | 127.7 | 17 |
| ZOMATO | 127.7 | 210 |
| ZYDUSLIFE | 127.7 | 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.
