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JINDALSTEL
Jindal Steel & Power Ltd

869.8 4.40 (0.51%)

Max pain for JINDALSTEL

21 Nov 2024 02:53 PM IST

Max Pain for JINDALSTEL is 900  



Strike  740  has a total call value of 0  versus a total put value of  56,344,375,000 Combined total value = 56,344,375,000

Strike  750  has a total call value of 0  versus a total put value of  52,241,250,000 Combined total value = 52,241,250,000

Strike  760  has a total call value of 0  versus a total put value of  48,138,125,000 Combined total value = 48,138,125,000

Strike  770  has a total call value of 0  versus a total put value of  44,081,250,000 Combined total value = 44,081,250,000

Strike  780  has a total call value of 0  versus a total put value of  40,024,375,000 Combined total value = 40,024,375,000

Strike  790  has a total call value of 1,250,000  versus a total put value of  36,010,625,000 Combined total value = 36,011,875,000

Strike  800  has a total call value of 2,500,000  versus a total put value of  32,016,875,000 Combined total value = 32,019,375,000

Strike  810  has a total call value of 25,625,000  versus a total put value of  28,196,250,000 Combined total value = 28,221,875,000

Strike  820  has a total call value of 51,250,000  versus a total put value of  24,475,625,000 Combined total value = 24,526,875,000

Strike  830  has a total call value of 76,875,000  versus a total put value of  21,090,000,000 Combined total value = 21,166,875,000

Strike  840  has a total call value of 116,250,000  versus a total put value of  17,818,750,000 Combined total value = 17,935,000,000

Strike  850  has a total call value of 187,500,000  versus a total put value of  14,776,250,000 Combined total value = 14,963,750,000

Strike  860  has a total call value of 318,125,000  versus a total put value of  12,084,375,000 Combined total value = 12,402,500,000

Strike  870  has a total call value of 615,625,000  versus a total put value of  9,603,125,000 Combined total value = 10,218,750,000

Strike  880  has a total call value of 1,147,500,000  versus a total put value of  7,361,875,000 Combined total value = 8,509,375,000

Strike  890  has a total call value of 2,118,125,000  versus a total put value of  5,490,625,000 Combined total value = 7,608,750,000

Strike  900  has a total call value of 3,366,875,000  versus a total put value of  3,812,500,000 Combined total value = 7,179,375,000

Strike  910  has a total call value of 5,486,250,000  versus a total put value of  2,566,250,000 Combined total value = 8,052,500,000

Strike  920  has a total call value of 7,977,500,000  versus a total put value of  1,483,750,000 Combined total value = 9,461,250,000

Strike  930  has a total call value of 11,141,875,000  versus a total put value of  714,375,000 Combined total value = 11,856,250,000

Strike  940  has a total call value of 14,868,750,000  versus a total put value of  277,500,000 Combined total value = 15,146,250,000

Strike  950  has a total call value of 19,237,500,000  versus a total put value of  138,750,000 Combined total value = 19,376,250,000

Strike  960  has a total call value of 24,495,625,000  versus a total put value of  0 Combined total value = 24,495,625,000

Strike  970  has a total call value of 30,456,875,000  versus a total put value of  0 Combined total value = 30,456,875,000

Strike  980  has a total call value of 36,611,875,000  versus a total put value of  0 Combined total value = 36,611,875,000

Strike  990  has a total call value of 42,901,875,000  versus a total put value of  0 Combined total value = 42,901,875,000

Strike  1000  has a total call value of 49,265,000,000  versus a total put value of  0 Combined total value = 49,265,000,000

Strike  1010  has a total call value of 56,208,750,000  versus a total put value of  0 Combined total value = 56,208,750,000

Strike  1020  has a total call value of 63,231,875,000  versus a total put value of  0 Combined total value = 63,231,875,000

Strike  1030  has a total call value of 70,321,250,000  versus a total put value of  0 Combined total value = 70,321,250,000

Strike  1040  has a total call value of 77,410,625,000  versus a total put value of  0 Combined total value = 77,410,625,000

Strike  1050  has a total call value of 84,578,750,000  versus a total put value of  0 Combined total value = 84,578,750,000

Strike  1060  has a total call value of 91,821,250,000  versus a total put value of  0 Combined total value = 91,821,250,000

Strike  1070  has a total call value of 99,148,125,000  versus a total put value of  0 Combined total value = 99,148,125,000

Strike  1080  has a total call value of 106,475,000,000  versus a total put value of  0 Combined total value = 106,475,000,000

Strike  1090  has a total call value of 113,861,250,000  versus a total put value of  0 Combined total value = 113,861,250,000

Strike  1100  has a total call value of 121,247,500,000  versus a total put value of  0 Combined total value = 121,247,500,000

Strike  1110  has a total call value of 128,873,125,000  versus a total put value of  0 Combined total value = 128,873,125,000

Strike  1120  has a total call value of 136,498,750,000  versus a total put value of  0 Combined total value = 136,498,750,000

Strike  1130  has a total call value of 144,124,375,000  versus a total put value of  0 Combined total value = 144,124,375,000

Strike  1140  has a total call value of 151,750,000,000  versus a total put value of  0 Combined total value = 151,750,000,000

Strike  1150  has a total call value of 159,375,625,000  versus a total put value of  0 Combined total value = 159,375,625,000

Strike  1160  has a total call value of 167,001,250,000  versus a total put value of  0 Combined total value = 167,001,250,000

Strike  1170  has a total call value of 174,626,875,000  versus a total put value of  0 Combined total value = 174,626,875,000

Strike  1180  has a total call value of 182,252,500,000  versus a total put value of  0 Combined total value = 182,252,500,000

Strike  1190  has a total call value of 189,878,125,000  versus a total put value of  0 Combined total value = 189,878,125,000

Strike  1200  has a total call value of 197,503,750,000  versus a total put value of  0 Combined total value = 197,503,750,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 424.65 470
ABB 6755.4 7000
ABBOTINDIA 27071.6 28000
ABCAPITAL 183.32 200
ABFRL 284.2 300
ACC 2035 2220
ADANIENT 2246.4 2600
ADANIPORTS 1131.8 1200
ALKEM 5593.85 5500
AMBUJACEM 492.65 540
APOLLOHOSP 6727 6900
APOLLOTYRE 481.3 480
ASHOKLEY 218.89 220
ASIANPAINT 2428.5 2540
ASTRAL 1714.95 1780
ATUL 7221.35 7500
AUBANK 592.15 590
AUROPHARMA 1218.95 1300
AXISBANK 1137.8 1150
BAJAJ-AUTO 9474.6 9700
BAJAJFINSV 1568.25 1620
BAJFINANCE 6465.1 6700
BALKRISIND 2735.7 2800
BANDHANBNK 165.95 180
BANKBARODA 228.9 240
BATAINDIA 1282 1310
BEL 274.45 285
BERGEPAINT 464.85 495
BHARATFORG 1295.9 1340
BHARTIARTL 1524 1540
BHEL 227.88 235
BIOCON 323.9 330
BOSCHLTD 34040.45 34000
BPCL 281.7 300
BRITANNIA 4796 5000
BSOFT 546.05 560
CANBK 94.51 100
CANFINHOME 821.1 830
CHAMBLFERT 454.6 480
CHOLAFIN 1205.55 1260
CIPLA 1462.75 1520
COALINDIA 405.6 425
COFORGE 8195.1 8000
COLPAL 2692.95 2850
CONCOR 768 810
COROMANDEL 1768.55 1720
CROMPTON 382 385
CUB 170.12 175
CUMMINSIND 3287 3400
DABUR 504.75 525
DALBHARAT 1776 1760
DEEPAKNTR 2611.9 2650
DIVISLAB 5950.65 5900
DIXON 14966.85 14750
DLF 774.55 780
DRREDDY 1192.55 1220
EICHERMOT 4879.5 4900
ESCORTS 3456.9 3600
EXIDEIND 414.75 440
FEDERALBNK 210.17 205
GAIL 187.74 197.5
GLENMARK 1463.1 1540
GMRINFRA 76.86 82
GNFC 555 570
GODREJCP 1180.85 1200
GODREJPROP 2693.5 2750
GRANULES 544.45 570
GRASIM 2537.5 2540
GUJGASLTD 452.15 470
HAL 3976.7 4200
HAVELLS 1631.75 1640
HCLTECH 1833.65 1820
HDFCAMC 4226.4 4300
HDFCBANK 1739.65 1740
HDFCLIFE 671.6 680
HEROMOTOCO 4755.85 4800
HINDALCO 646.7 650
HINDCOPPER 261.35 290
HINDPETRO 359.05 375
HINDUNILVR 2384.7 2480
ICICIBANK 1249.45 1260
ICICIGI 1809.9 1880
ICICIPRULI 676.9 690
IDEA 6.92 8
IDFCFIRSTB 62.95 66
IEX 161.33 170
IGL 311.75 330
INDHOTEL 785 760
INDIAMART 2252.75 2400
INDIGO 4059.3 4000
INDUSINDBK 975.25 1040
INDUSTOWER 329.15 340
INFY 1837.45 1800
IOC 130.67 140
IPCALAB 1570.45 1560
IRCTC 793.25 820
ITC 457.25 475
JINDALSTEL 869.8 900
JKCEMENT 4013 4000
JSWSTEEL 942.7 960
JUBLFOOD 611.1 620
KOTAKBANK 1736.1 1760
LALPATHLAB 3029.25 3100
LAURUSLABS 488 490
LICHSGFIN 610 630
LT 3483.65 3600
LTF 137.62 140
LTIM 5933.4 5900
LTTS 5160.65 5150
LUPIN 2037.9 2100
M&M 2931.8 2900
M&MFIN 256.7 265
MANAPPURAM 150.63 155
MARICO 589.9 600
MARUTI 10873.65 11000
MCX 6152.9 6200
METROPOLIS 2010.5 2060
MFSL 1171.85 1200
MGL 1119.75 1160
MOTHERSON 161.56 175
MPHASIS 2784.8 2850
MRF 123125.35 122500
MUTHOOTFIN 1901.8 1880
NATIONALUM 246.7 240
NAUKRI 7539.4 7700
NAVINFLUOR 3255.85 3400
NESTLEIND 2208.2 2280
NMDC 217.38 225
NTPC 355.75 370
OBEROIRLTY 1916.5 1960
OFSS 11119.65 11500
ONGC 241.4 250
PAGEIND 44423.8 45500
PEL 1053.8 1060
PERSISTENT 5727.3 5600
PETRONET 320.5 328
PFC 453 460
PIDILITIND 2934 3060
PIIND 4124.95 4200
PNB 96.53 102
POLYCAB 6411.65 6500
POWERGRID 325.4 320
PVRINOX 1444.6 1500
RAMCOCEM 914.65 900
RBLBANK 156.66 160
RECLTD 490.45 510
RELIANCE 1220.8 1290
SAIL 110.67 117.5
SBICARD 675.2 690
SBILIFE 1479.05 1520
SBIN 779.2 800
SHREECEM 24147.2 24500
SHRIRAMFIN 2811.15 2900
SIEMENS 6640.95 6800
SRF 2150.3 2260
SUNPHARMA 1775 1800
SUNTV 726.4 730
SYNGENE 844.25 870
TATACHEM 1047.7 1100
TATACOMM 1709.25 1780
TATACONSUM 910.95 950
TATAMOTORS 774.75 800
TATAPOWER 409.5 420
TATASTEEL 140.22 145
TCS 4073.4 4100
TECHM 1699.05 1680
TITAN 3182.35 3200
TORNTPHARM 3099.05 3150
TRENT 6449.95 6600
TVSMOTOR 2392.45 2450
UBL 1813.75 1880
ULTRACEMCO 10975 11000
UNITDSPR 1489.9 1480
UPL 557 540
VEDL 440.6 460
VOLTAS 1666.7 1700
WIPRO 556.65 560
ZYDUSLIFE 943.9 980

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.