IOC
Indian Oil Corp Ltd
Max pain for IOC
19 Feb 2025 01:22 PM IST
Max Pain for IOC is 125
Strike 100 has a total call value of 0 versus a total put value of 102,524,906,250 Combined total value = 102,524,906,250
Strike 102.5 has a total call value of 0 versus a total put value of 92,316,656,250 Combined total value = 92,316,656,250
Strike 105 has a total call value of 3,656,250 versus a total put value of 82,108,406,250 Combined total value = 82,112,062,500
Strike 107.5 has a total call value of 7,312,500 versus a total put value of 72,399,843,750 Combined total value = 72,407,156,250
Strike 110 has a total call value of 28,031,250 versus a total put value of 63,019,125,000 Combined total value = 63,047,156,250
Strike 112.5 has a total call value of 109,687,500 versus a total put value of 54,632,906,250 Combined total value = 54,742,593,750
Strike 115 has a total call value of 285,187,500 versus a total put value of 46,804,875,000 Combined total value = 47,090,062,500
Strike 117.5 has a total call value of 786,093,750 versus a total put value of 40,007,906,250 Combined total value = 40,794,000,000
Strike 120 has a total call value of 1,820,812,500 versus a total put value of 34,167,656,250 Combined total value = 35,988,468,750
Strike 122.5 has a total call value of 4,408,218,750 versus a total put value of 29,562,000,000 Combined total value = 33,970,218,750
Strike 125 has a total call value of 7,834,125,000 versus a total put value of 25,285,406,250 Combined total value = 33,119,531,250
Strike 127.5 has a total call value of 12,839,531,250 versus a total put value of 21,936,281,250 Combined total value = 34,775,812,500
Strike 130 has a total call value of 18,633,468,750 versus a total put value of 18,846,750,000 Combined total value = 37,480,218,750
Strike 132.5 has a total call value of 27,592,500,000 versus a total put value of 16,450,687,500 Combined total value = 44,043,187,500
Strike 135 has a total call value of 37,555,781,250 versus a total put value of 14,054,625,000 Combined total value = 51,610,406,250
Strike 137.5 has a total call value of 49,016,906,250 versus a total put value of 12,057,093,750 Combined total value = 61,074,000,000
Strike 140 has a total call value of 60,996,000,000 versus a total put value of 10,059,562,500 Combined total value = 71,055,562,500
Strike 142.5 has a total call value of 74,949,468,750 versus a total put value of 8,399,625,000 Combined total value = 83,349,093,750
Strike 145 has a total call value of 89,134,500,000 versus a total put value of 6,739,687,500 Combined total value = 95,874,187,500
Strike 147.5 has a total call value of 104,014,218,750 versus a total put value of 5,210,156,250 Combined total value = 109,224,375,000
Strike 150 has a total call value of 118,893,937,500 versus a total put value of 3,680,625,000 Combined total value = 122,574,562,500
Strike 152.5 has a total call value of 135,150,843,750 versus a total put value of 2,661,750,000 Combined total value = 137,812,593,750
Strike 155 has a total call value of 151,407,750,000 versus a total put value of 1,642,875,000 Combined total value = 153,050,625,000
Strike 157.5 has a total call value of 168,187,500,000 versus a total put value of 821,437,500 Combined total value = 169,008,937,500
Strike 160 has a total call value of 184,967,250,000 versus a total put value of 0 Combined total value = 184,967,250,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 415.7 | 430 |
ABB | 5111.95 | 5200 |
ABBOTINDIA | 29506 | 28500 |
ABCAPITAL | 155.3 | 165 |
ABFRL | 251.3 | 260 |
ACC | 1864.6 | 2000 |
ADANIENSOL | 670.5 | 700 |
ADANIENT | 2186.9 | 2300 |
ADANIGREEN | 868.2 | 900 |
ADANIPORTS | 1082.45 | 1100 |
ALKEM | 4722.9 | 4800 |
AMBUJACEM | 479.05 | 500 |
ANGELONE | 2313.75 | 2300 |
APLAPOLLO | 1375.4 | 1420 |
APOLLOHOSP | 6422 | 6400 |
APOLLOTYRE | 412.25 | 420 |
ASHOKLEY | 224.43 | 217.5 |
ASIANPAINT | 2239.05 | 2280 |
ASTRAL | 1362.25 | 1400 |
ATGL | 578.35 | 600 |
ATUL | 5566.7 | 5500 |
AUBANK | 518.9 | 535 |
AUROPHARMA | 1130 | 1160 |
AXISBANK | 1010.45 | 1000 |
BAJAJ-AUTO | 8456.45 | 8700 |
BAJAJFINSV | 1880.05 | 1840 |
BAJFINANCE | 8484.25 | 8200 |
BALKRISIND | 2663.8 | 2700 |
BANDHANBNK | 132.23 | 142.5 |
BANKBARODA | 208.86 | 220 |
BANKINDIA | 99.35 | 100 |
BATAINDIA | 1258.85 | 1300 |
BEL | 251.8 | 265 |
BERGEPAINT | 487.85 | 485 |
BHARATFORG | 1066.8 | 1100 |
BHARTIARTL | 1641.65 | 1660 |
BHEL | 193.94 | 200 |
BIOCON | 336.25 | 350 |
BOSCHLTD | 27140 | 29000 |
BPCL | 254.05 | 255 |
BRITANNIA | 4839.95 | 4950 |
BSE | 5574 | 5400 |
BSOFT | 465.15 | 500 |
CAMS | 3401.15 | 3500 |
CANBK | 85.3 | 90 |
CANFINHOME | 597.5 | 630 |
CDSL | 1210.4 | 1220 |
CESC | 131.92 | 130 |
CGPOWER | 587.4 | 590 |
CHAMBLFERT | 540.55 | 530 |
CHOLAFIN | 1378.5 | 1340 |
CIPLA | 1465.4 | 1460 |
COALINDIA | 362.1 | 370 |
COFORGE | 7763.45 | 8000 |
COLPAL | 2452.05 | 2520 |
CONCOR | 692.35 | 730 |
COROMANDEL | 1712.1 | 1760 |
CROMPTON | 330.05 | 345 |
CUB | 157.78 | 165 |
CUMMINSIND | 2691.7 | 2800 |
CYIENT | 1469.95 | 1420 |
DABUR | 505.25 | 520 |
DALBHARAT | 1783.85 | 1800 |
DEEPAKNTR | 1909.4 | 2000 |
DELHIVERY | 275.5 | 285 |
DIVISLAB | 5936 | 5950 |
DIXON | 14132.8 | 14500 |
DLF | 690.4 | 700 |
DMART | 3670 | 3700 |
DRREDDY | 1170.2 | 1180 |
EICHERMOT | 4766.2 | 4850 |
ESCORTS | 3010.3 | 3150 |
EXIDEIND | 363.55 | 370 |
FEDERALBNK | 180.21 | 185 |
GAIL | 162.69 | 165 |
GLENMARK | 1365.6 | 1380 |
GMRAIRPORT | 69.77 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 542.9 | 550 |
GODREJCP | 1021.3 | 1050 |
GODREJPROP | 2041.2 | 2100 |
GRANULES | 534 | 540 |
GRASIM | 2459.2 | 2500 |
GUJGASLTD | 394.55 | 400 |
HAL | 3373.7 | 3550 |
HAVELLS | 1515.8 | 1540 |
HCLTECH | 1710 | 1720 |
HDFCAMC | 3760.1 | 3850 |
HDFCBANK | 1730.6 | 1720 |
HDFCLIFE | 622.25 | 630 |
HEROMOTOCO | 3880 | 4050 |
HFCL | 87.84 | 95 |
HINDALCO | 621.45 | 600 |
HINDCOPPER | 218.88 | 225 |
HINDPETRO | 321.2 | 330 |
HINDUNILVR | 2248.6 | 2320 |
HUDCO | 182.76 | 190 |
ICICIBANK | 1256 | 1250 |
ICICIGI | 1734.1 | 1780 |
ICICIPRULI | 575 | 590 |
IDEA | 8.29 | 9 |
IDFCFIRSTB | 59.65 | 61 |
IEX | 169.33 | 170 |
IGL | 193.15 | 195 |
INDHOTEL | 739.05 | 750 |
INDIAMART | 2062.75 | 2100 |
INDIANB | 524.15 | 520 |
INDIGO | 4371.65 | 4350 |
INDUSINDBK | 1033.1 | 1040 |
INDUSTOWER | 340.15 | 355 |
INFY | 1815.9 | 1860 |
IOC | 119 | 125 |
IPCALAB | 1461 | 1480 |
IRB | 46.91 | 48 |
IRCTC | 726 | 760 |
IRFC | 124.37 | 127.5 |
ITC | 407.3 | 420 |
JINDALSTEL | 857.95 | 840 |
JIOFIN | 226.7 | 230 |
JKCEMENT | 4613.85 | 4650 |
JSL | 594.35 | 610 |
JSWENERGY | 454.85 | 450 |
JSWSTEEL | 972 | 960 |
JUBLFOOD | 701.15 | 690 |
KALYANKJIL | 486.15 | 500 |
KEI | 3520 | 3500 |
KOTAKBANK | 1979.85 | 1940 |
KPITTECH | 1334.05 | 1400 |
LALPATHLAB | 2620.8 | 2700 |
LAURUSLABS | 546.05 | 580 |
LICHSGFIN | 533.95 | 560 |
LICI | 763.2 | 800 |
LODHA | 1184.6 | 1200 |
LT | 3287.7 | 3350 |
LTF | 133.28 | 142.5 |
LTIM | 5475.1 | 5600 |
LTTS | 4860.7 | 5000 |
LUPIN | 1979.5 | 2020 |
M&M | 2758.5 | 2900 |
M&MFIN | 276.1 | 280 |
MANAPPURAM | 199.21 | 195 |
MARICO | 631 | 640 |
MARUTI | 12665.65 | 12700 |
MAXHEALTH | 1023.85 | 1020 |
MCX | 5638.15 | 5700 |
METROPOLIS | 1640 | 1700 |
MFSL | 1058.65 | 1080 |
MGL | 1283.15 | 1320 |
MOTHERSON | 127.12 | 130 |
MPHASIS | 2602.6 | 2650 |
MRF | 109198.5 | 110000 |
MUTHOOTFIN | 2266.05 | 2240 |
NATIONALUM | 186.22 | 186 |
NAUKRI | 7598.8 | 7700 |
NAVINFLUOR | 4045 | 4100 |
NBCC | 80.76 | 82.5 |
NCC | 189.75 | 200 |
NESTLEIND | 2214.2 | 2220 |
NHPC | 73.35 | 74 |
NMDC | 64.66 | 65 |
NTPC | 313.85 | 315 |
NYKAA | 169.88 | 170 |
OBEROIRLTY | 1616.25 | 1640 |
OFSS | 8785 | 9000 |
OIL | 401.95 | 410 |
ONGC | 236.6 | 240 |
PAGEIND | 41218.65 | 42000 |
PAYTM | 744.25 | 760 |
PEL | 924.6 | 960 |
PERSISTENT | 5873 | 5800 |
PETRONET | 297 | 295 |
PFC | 380.8 | 390 |
PHOENIXLTD | 1575.2 | 1600 |
PIDILITIND | 2758.6 | 2800 |
PIIND | 3177 | 3300 |
PNB | 92.51 | 97 |
POLICYBZR | 1495.95 | 1600 |
POLYCAB | 5590.7 | 5700 |
POONAWALLA | 285.4 | 295 |
POWERGRID | 264.1 | 270 |
PRESTIGE | 1240.7 | 1300 |
PVRINOX | 981.95 | 1020 |
RAMCOCEM | 862.75 | 870 |
RBLBANK | 159.22 | 162.5 |
RECLTD | 393.85 | 410 |
RELIANCE | 1227.35 | 1250 |
SAIL | 106.43 | 107.5 |
SBICARD | 855.6 | 840 |
SBILIFE | 1473.05 | 1460 |
SBIN | 727.05 | 750 |
SHREECEM | 28639 | 28000 |
SHRIRAMFIN | 554.95 | 550 |
SIEMENS | 4900 | 5100 |
SJVN | 89.64 | 90 |
SOLARINDS | 8788.25 | 9000 |
SONACOMS | 506.95 | 510 |
SRF | 2719.5 | 2800 |
SUNPHARMA | 1687.35 | 1700 |
SUNTV | 577.35 | 600 |
SUPREMEIND | 3706.45 | 3700 |
SYNGENE | 703.65 | 720 |
TATACHEM | 852.75 | 900 |
TATACOMM | 1499.8 | 1580 |
TATACONSUM | 1027.15 | 1020 |
TATAELXSI | 5979 | 6200 |
TATAMOTORS | 680.9 | 700 |
TATAPOWER | 346.9 | 360 |
TATASTEEL | 135.62 | 136 |
TCS | 3769.05 | 3900 |
TECHM | 1694.25 | 1680 |
TIINDIA | 2678 | 2800 |
TITAN | 3210.55 | 3300 |
TORNTPHARM | 3105.45 | 3100 |
TORNTPOWER | 1242.75 | 1300 |
TRENT | 5025 | 5300 |
TVSMOTOR | 2374.95 | 2440 |
UBL | 2009.35 | 2040 |
ULTRACEMCO | 11326.65 | 11400 |
UNIONBANK | 114.55 | 113 |
UNITDSPR | 1328.3 | 1400 |
UPL | 645.75 | 610 |
VBL | 472.25 | 500 |
VEDL | 423.75 | 430 |
VOLTAS | 1280.05 | 1300 |
WIPRO | 312.9 | 310 |
YESBANK | 17.9 | 19 |
ZOMATO | 231.65 | 225 |
ZYDUSLIFE | 885.25 | 930 |
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.