JIOFIN
Jio Fin Services Ltd
Max pain for JIOFIN
16 May 2025 04:13 PM IST
Max Pain for JIOFIN is 260
Strike 160 has a total call value of 0 versus a total put value of 269,753,137,500 Combined total value = 269,753,137,500
Strike 162.5 has a total call value of 0 versus a total put value of 262,098,787,500 Combined total value = 262,098,787,500
Strike 165 has a total call value of 0 versus a total put value of 254,444,437,500 Combined total value = 254,444,437,500
Strike 167.5 has a total call value of 0 versus a total put value of 246,790,087,500 Combined total value = 246,790,087,500
Strike 170 has a total call value of 0 versus a total put value of 239,135,737,500 Combined total value = 239,135,737,500
Strike 172.5 has a total call value of 0 versus a total put value of 231,481,387,500 Combined total value = 231,481,387,500
Strike 175 has a total call value of 0 versus a total put value of 223,827,037,500 Combined total value = 223,827,037,500
Strike 177.5 has a total call value of 0 versus a total put value of 216,172,687,500 Combined total value = 216,172,687,500
Strike 180 has a total call value of 0 versus a total put value of 208,518,337,500 Combined total value = 208,518,337,500
Strike 182.5 has a total call value of 0 versus a total put value of 200,919,675,000 Combined total value = 200,919,675,000
Strike 185 has a total call value of 0 versus a total put value of 193,321,012,500 Combined total value = 193,321,012,500
Strike 187.5 has a total call value of 0 versus a total put value of 185,722,350,000 Combined total value = 185,722,350,000
Strike 190 has a total call value of 0 versus a total put value of 178,124,100,000 Combined total value = 178,124,100,000
Strike 192.5 has a total call value of 0 versus a total put value of 170,561,737,500 Combined total value = 170,561,737,500
Strike 195 has a total call value of 0 versus a total put value of 162,999,375,000 Combined total value = 162,999,375,000
Strike 197.5 has a total call value of 0 versus a total put value of 155,444,025,000 Combined total value = 155,444,025,000
Strike 200 has a total call value of 0 versus a total put value of 147,888,675,000 Combined total value = 147,888,675,000
Strike 202.5 has a total call value of 10,312,500 versus a total put value of 140,617,537,500 Combined total value = 140,627,850,000
Strike 205 has a total call value of 20,625,000 versus a total put value of 133,348,462,500 Combined total value = 133,369,087,500
Strike 207.5 has a total call value of 30,937,500 versus a total put value of 126,127,237,500 Combined total value = 126,158,175,000
Strike 210 has a total call value of 41,250,000 versus a total put value of 118,915,500,000 Combined total value = 118,956,750,000
Strike 212.5 has a total call value of 51,562,500 versus a total put value of 111,846,900,000 Combined total value = 111,898,462,500
Strike 215 has a total call value of 61,875,000 versus a total put value of 104,778,300,000 Combined total value = 104,840,175,000
Strike 217.5 has a total call value of 72,187,500 versus a total put value of 97,767,862,500 Combined total value = 97,840,050,000
Strike 220 has a total call value of 82,500,000 versus a total put value of 90,757,425,000 Combined total value = 90,839,925,000
Strike 222.5 has a total call value of 126,225,000 versus a total put value of 84,619,837,500 Combined total value = 84,746,062,500
Strike 225 has a total call value of 169,950,000 versus a total put value of 78,505,350,000 Combined total value = 78,675,300,000
Strike 227.5 has a total call value of 213,675,000 versus a total put value of 72,493,575,000 Combined total value = 72,707,250,000
Strike 230 has a total call value of 257,400,000 versus a total put value of 66,502,837,500 Combined total value = 66,760,237,500
Strike 232.5 has a total call value of 390,225,000 versus a total put value of 60,687,000,000 Combined total value = 61,077,225,000
Strike 235 has a total call value of 523,050,000 versus a total put value of 54,888,075,000 Combined total value = 55,411,125,000
Strike 237.5 has a total call value of 707,025,000 versus a total put value of 49,198,875,000 Combined total value = 49,905,900,000
Strike 240 has a total call value of 891,000,000 versus a total put value of 43,574,025,000 Combined total value = 44,465,025,000
Strike 242.5 has a total call value of 1,311,750,000 versus a total put value of 38,534,512,500 Combined total value = 39,846,262,500
Strike 245 has a total call value of 1,732,500,000 versus a total put value of 33,554,812,500 Combined total value = 35,287,312,500
Strike 247.5 has a total call value of 2,277,412,500 versus a total put value of 28,912,537,500 Combined total value = 31,189,950,000
Strike 250 has a total call value of 2,861,512,500 versus a total put value of 24,336,262,500 Combined total value = 27,197,775,000
Strike 252.5 has a total call value of 3,773,550,000 versus a total put value of 20,804,437,500 Combined total value = 24,577,987,500
Strike 255 has a total call value of 4,763,550,000 versus a total put value of 17,412,037,500 Combined total value = 22,175,587,500
Strike 257.5 has a total call value of 5,980,425,000 versus a total put value of 14,443,275,000 Combined total value = 20,423,700,000
Strike 260 has a total call value of 7,336,312,500 versus a total put value of 11,575,162,500 Combined total value = 18,911,475,000
Strike 262.5 has a total call value of 9,438,412,500 versus a total put value of 9,539,887,500 Combined total value = 18,978,300,000
Strike 265 has a total call value of 11,714,587,500 versus a total put value of 7,626,300,000 Combined total value = 19,340,887,500
Strike 267.5 has a total call value of 14,233,725,000 versus a total put value of 6,075,712,500 Combined total value = 20,309,437,500
Strike 270 has a total call value of 16,841,137,500 versus a total put value of 4,643,512,500 Combined total value = 21,484,650,000
Strike 272.5 has a total call value of 20,054,925,000 versus a total put value of 3,714,562,500 Combined total value = 23,769,487,500
Strike 275 has a total call value of 23,399,475,000 versus a total put value of 2,861,512,500 Combined total value = 26,260,987,500
Strike 277.5 has a total call value of 27,150,750,000 versus a total put value of 2,169,337,500 Combined total value = 29,320,087,500
Strike 280 has a total call value of 31,022,475,000 versus a total put value of 1,527,487,500 Combined total value = 32,549,962,500
Strike 282.5 has a total call value of 35,981,137,500 versus a total put value of 1,225,950,000 Combined total value = 37,207,087,500
Strike 285 has a total call value of 41,028,487,500 versus a total put value of 941,325,000 Combined total value = 41,969,812,500
Strike 287.5 has a total call value of 46,362,525,000 versus a total put value of 718,575,000 Combined total value = 47,081,100,000
Strike 290 has a total call value of 51,754,312,500 versus a total put value of 517,275,000 Combined total value = 52,271,587,500
Strike 292.5 has a total call value of 57,770,212,500 versus a total put value of 368,362,500 Combined total value = 58,138,575,000
Strike 295 has a total call value of 63,843,037,500 versus a total put value of 230,587,500 Combined total value = 64,073,625,000
Strike 297.5 has a total call value of 70,084,162,500 versus a total put value of 146,850,000 Combined total value = 70,231,012,500
Strike 300 has a total call value of 76,385,925,000 versus a total put value of 79,200,000 Combined total value = 76,465,125,000
Strike 302.5 has a total call value of 84,223,425,000 versus a total put value of 59,400,000 Combined total value = 84,282,825,000
Strike 305 has a total call value of 92,060,925,000 versus a total put value of 39,600,000 Combined total value = 92,100,525,000
Strike 307.5 has a total call value of 99,994,950,000 versus a total put value of 19,800,000 Combined total value = 100,014,750,000
Strike 310 has a total call value of 107,928,975,000 versus a total put value of 0 Combined total value = 107,928,975,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 474.65 | 460 |
| ABB | 5820 | 5700 |
| ABCAPITAL | 218.24 | 210 |
| ABFRL | 278.1 | 275 |
| ACC | 1928.4 | 1920 |
| ADANIENSOL | 915.05 | 900 |
| ADANIENT | 2555 | 2500 |
| ADANIGREEN | 1020.1 | 960 |
| ADANIPORTS | 1407.4 | 1320 |
| ALKEM | 5221 | 5150 |
| AMBUJACEM | 563.5 | 555 |
| ANGELONE | 2800.6 | 2550 |
| APLAPOLLO | 1785.4 | 1700 |
| APOLLOHOSP | 7015 | 7000 |
| APOLLOTYRE | 494.25 | 485 |
| ASHOKLEY | 237.33 | 230 |
| ASIANPAINT | 2353.6 | 2340 |
| ASTRAL | 1359.7 | 1340 |
| ATGL | 681.6 | 650 |
| AUBANK | 684.85 | 675 |
| AUROPHARMA | 1201.2 | 1220 |
| AXISBANK | 1208.8 | 1180 |
| BAJAJ-AUTO | 8482.5 | 8200 |
| BAJAJFINSV | 2033.6 | 2020 |
| BAJFINANCE | 9167 | 9000 |
| BALKRISIND | 2709.7 | 2700 |
| BANDHANBNK | 170.09 | 167.5 |
| BANKBARODA | 236.92 | 235 |
| BANKINDIA | 114.33 | 112 |
| BEL | 363.9 | 340 |
| BHARATFORG | 1263 | 1200 |
| BHARTIARTL | 1814 | 1820 |
| BHEL | 250.35 | 245 |
| BIOCON | 339.4 | 335 |
| BOSCHLTD | 31655 | 31000 |
| BPCL | 320.1 | 310 |
| BRITANNIA | 5501.5 | 5500 |
| BSE | 7279 | 6800 |
| BSOFT | 429.7 | 420 |
| CAMS | 3890.9 | 3800 |
| CANBK | 107.76 | 104 |
| CDSL | 1408.8 | 1300 |
| CESC | 165.19 | 160 |
| CGPOWER | 696.45 | 660 |
| CHAMBLFERT | 632.1 | 650 |
| CHOLAFIN | 1619.3 | 1580 |
| CIPLA | 1499.9 | 1500 |
| COALINDIA | 404.8 | 395 |
| COFORGE | 8426 | 7900 |
| COLPAL | 2689.7 | 2640 |
| CONCOR | 730.5 | 710 |
| CROMPTON | 351.25 | 345 |
| CUMMINSIND | 3035.6 | 2900 |
| CYIENT | 1304.3 | 1240 |
| DABUR | 476.65 | 480 |
| DALBHARAT | 2070.1 | 2000 |
| DEEPAKNTR | 2110.9 | 2000 |
| DELHIVERY | 320.85 | 315 |
| DIVISLAB | 6279.5 | 6200 |
| DIXON | 16660 | 16250 |
| DLF | 715.9 | 690 |
| DMART | 4189.7 | 4100 |
| DRREDDY | 1230.7 | 1190 |
| EICHERMOT | 5509.5 | 5500 |
| ESCORTS | 3551.5 | 3400 |
| ETERNAL | 245.76 | 235 |
| EXIDEIND | 393.05 | 380 |
| FEDERALBNK | 199.03 | 195 |
| GAIL | 186.28 | 190 |
| GLENMARK | 1448.6 | 1420 |
| GMRAIRPORT | 91.07 | 88 |
| GODREJCP | 1299.5 | 1270 |
| GODREJPROP | 2176.1 | 2150 |
| GRANULES | 505.6 | 480 |
| GRASIM | 2804.2 | 2740 |
| HAL | 5127.7 | 4800 |
| HAVELLS | 1577.4 | 1600 |
| HCLTECH | 1659.9 | 1600 |
| HDFCAMC | 4737.3 | 4600 |
| HDFCBANK | 1934.7 | 1920 |
| HDFCLIFE | 750.55 | 730 |
| HEROMOTOCO | 4345.3 | 4150 |
| HFCL | 88.43 | 84 |
| HINDALCO | 657.55 | 650 |
| HINDCOPPER | 226 | 225 |
| HINDPETRO | 410.05 | 400 |
| HINDUNILVR | 2381.4 | 2360 |
| HINDZINC | 442.3 | 430 |
| HUDCO | 233.86 | 225 |
| ICICIBANK | 1454 | 1440 |
| ICICIGI | 1849.6 | 1860 |
| ICICIPRULI | 615.6 | 600 |
| IDEA | 7.37 | 8 |
| IDFCFIRSTB | 69.26 | 67 |
| IEX | 199.86 | 195 |
| IGL | 209.2 | 200 |
| IIFL | 413.95 | 390 |
| INDHOTEL | 766.35 | 760 |
| INDIANB | 594.55 | 580 |
| INDIGO | 5562.5 | 5450 |
| INDUSINDBK | 780.2 | 800 |
| INDUSTOWER | 400.45 | 395 |
| INFY | 1589.9 | 1540 |
| INOXWIND | 179.82 | 170 |
| IOC | 144.72 | 145 |
| IRB | 51.21 | 49 |
| IRCTC | 809.05 | 790 |
| IREDA | 173.29 | 170 |
| IRFC | 138.61 | 130 |
| ITC | 435.7 | 430 |
| JINDALSTEL | 981.6 | 930 |
| JIOFIN | 277 | 260 |
| JSL | 663.1 | 620 |
| JSWENERGY | 503.85 | 490 |
| JSWSTEEL | 1021.8 | 1000 |
| JUBLFOOD | 674.3 | 690 |
| KALYANKJIL | 560.4 | 540 |
| KEI | 3463.2 | 3300 |
| KOTAKBANK | 2108.2 | 2120 |
| KPITTECH | 1364.8 | 1300 |
| LAURUSLABS | 603.05 | 610 |
| LICHSGFIN | 621.1 | 620 |
| LICI | 857 | 830 |
| LODHA | 1394.8 | 1320 |
| LT | 3604.7 | 3500 |
| LTF | 174.87 | 170 |
| LTIM | 5047.8 | 4850 |
| LUPIN | 2068.4 | 2060 |
| M&M | 3135.6 | 3050 |
| M&MFIN | 266.95 | 262.7 |
| MANAPPURAM | 229.48 | 235 |
| MARICO | 724.4 | 720 |
| MARUTI | 12995 | 12200 |
| MAXHEALTH | 1167.1 | 1160 |
| MCX | 6450 | 6200 |
| MFSL | 1355.2 | 1340 |
| MGL | 1391.4 | 1380 |
| MOTHERSON | 147.04 | 140 |
| MPHASIS | 2600.4 | 2560 |
| MRF | 140265 | 140000 |
| MUTHOOTFIN | 2104.8 | 2120 |
| NATIONALUM | 177.19 | 175 |
| NAUKRI | 1509.5 | 1440 |
| NBCC | 111.08 | 102 |
| NCC | 227.19 | 220 |
| NESTLEIND | 2408.8 | 2380 |
| NHPC | 89.71 | 85 |
| NMDC | 70.27 | 70 |
| NTPC | 343.1 | 345 |
| NYKAA | 201.8 | 200 |
| OBEROIRLTY | 1676.2 | 1640 |
| OFSS | 8696.5 | 8435 |
| OIL | 423.9 | 410 |
| ONGC | 247.27 | 240 |
| PAGEIND | 47830 | 47000 |
| PATANJALI | 1785 | 1800 |
| PAYTM | 852.35 | 860 |
| PEL | 1104.75 | 1040 |
| PERSISTENT | 5699 | 5600 |
| PETRONET | 320.6 | 315 |
| PFC | 417.75 | 420 |
| PHOENIXLTD | 1550.9 | 1550 |
| PIDILITIND | 3091.2 | 3060 |
| PIIND | 3769.7 | 3700 |
| PNB | 98.91 | 98 |
| PNBHOUSING | 1072.1 | 1060 |
| POLICYBZR | 1756.2 | 1740 |
| POLYCAB | 6094.5 | 6000 |
| POONAWALLA | 395.15 | 385 |
| POWERGRID | 300.2 | 302.5 |
| PRESTIGE | 1433.2 | 1400 |
| RAMCOCEM | 1004.15 | 960 |
| RBLBANK | 212.68 | 200 |
| RECLTD | 406.45 | 410 |
| RELIANCE | 1456.4 | 1400 |
| SAIL | 122.48 | 120 |
| SBICARD | 912 | 900 |
| SBILIFE | 1773.4 | 1740 |
| SBIN | 792.1 | 800 |
| SHREECEM | 31615 | 31000 |
| SHRIRAMFIN | 665.5 | 640 |
| SIEMENS | 3069.5 | 2900 |
| SJVN | 104.2 | 100 |
| SOLARINDS | 14025 | 13500 |
| SONACOMS | 542.85 | 500 |
| SRF | 2914.9 | 2950 |
| SUNPHARMA | 1734.9 | 1700 |
| SUPREMEIND | 3681.9 | 3600 |
| SYNGENE | 645.4 | 640 |
| TATACHEM | 859.5 | 860 |
| TATACOMM | 1632.3 | 1600 |
| TATACONSUM | 1168 | 1140 |
| TATAELXSI | 6212 | 5850 |
| TATAMOTORS | 730.7 | 700 |
| TATAPOWER | 405.8 | 400 |
| TATASTEEL | 157.55 | 150 |
| TATATECH | 750.9 | 700 |
| TCS | 3561.3 | 3500 |
| TECHM | 1617 | 1540 |
| TIINDIA | 3044.6 | 2900 |
| TITAGARH | 912.85 | 860 |
| TITAN | 3633.7 | 3500 |
| TORNTPHARM | 3266.8 | 3250 |
| TORNTPOWER | 1442.8 | 1440 |
| TRENT | 5583 | 5400 |
| TVSMOTOR | 2841.5 | 2780 |
| ULTRACEMCO | 11905 | 11800 |
| UNIONBANK | 133.02 | 130 |
| UNITDSPR | 1540.3 | 1540 |
| UPL | 644.2 | 650 |
| VBL | 501.65 | 510 |
| VEDL | 441.2 | 430 |
| VOLTAS | 1261.4 | 1260 |
| WIPRO | 254.31 | 245 |
| YESBANK | 21.55 | 20 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 902.7 | 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.
