LT
Larsen & Toubro Ltd.
Max pain for LT
17 Apr 2025 03:41 PM IST
Max Pain for LT is 3280
Strike 2600 has a total call value of 0 versus a total put value of 230,888,700,000 Combined total value = 230,888,700,000
Strike 2620 has a total call value of 0 versus a total put value of 223,743,900,000 Combined total value = 223,743,900,000
Strike 2640 has a total call value of 0 versus a total put value of 216,599,100,000 Combined total value = 216,599,100,000
Strike 2650 has a total call value of 0 versus a total put value of 213,026,700,000 Combined total value = 213,026,700,000
Strike 2660 has a total call value of 0 versus a total put value of 209,454,300,000 Combined total value = 209,454,300,000
Strike 2680 has a total call value of 0 versus a total put value of 202,321,500,000 Combined total value = 202,321,500,000
Strike 2700 has a total call value of 0 versus a total put value of 195,196,500,000 Combined total value = 195,196,500,000
Strike 2720 has a total call value of 0 versus a total put value of 188,136,900,000 Combined total value = 188,136,900,000
Strike 2740 has a total call value of 0 versus a total put value of 181,077,300,000 Combined total value = 181,077,300,000
Strike 2750 has a total call value of 0 versus a total put value of 177,569,100,000 Combined total value = 177,569,100,000
Strike 2760 has a total call value of 0 versus a total put value of 174,060,900,000 Combined total value = 174,060,900,000
Strike 2780 has a total call value of 0 versus a total put value of 167,066,100,000 Combined total value = 167,066,100,000
Strike 2800 has a total call value of 0 versus a total put value of 160,087,500,000 Combined total value = 160,087,500,000
Strike 2820 has a total call value of 0 versus a total put value of 153,236,100,000 Combined total value = 153,236,100,000
Strike 2840 has a total call value of 0 versus a total put value of 146,425,200,000 Combined total value = 146,425,200,000
Strike 2850 has a total call value of 0 versus a total put value of 143,038,050,000 Combined total value = 143,038,050,000
Strike 2860 has a total call value of 0 versus a total put value of 139,665,900,000 Combined total value = 139,665,900,000
Strike 2880 has a total call value of 0 versus a total put value of 132,962,100,000 Combined total value = 132,962,100,000
Strike 2900 has a total call value of 0 versus a total put value of 126,282,600,000 Combined total value = 126,282,600,000
Strike 2920 has a total call value of 0 versus a total put value of 119,893,800,000 Combined total value = 119,893,800,000
Strike 2940 has a total call value of 18,900,000 versus a total put value of 113,522,700,000 Combined total value = 113,541,600,000
Strike 2950 has a total call value of 28,350,000 versus a total put value of 110,358,450,000 Combined total value = 110,386,800,000
Strike 2960 has a total call value of 37,800,000 versus a total put value of 107,265,600,000 Combined total value = 107,303,400,000
Strike 2980 has a total call value of 56,700,000 versus a total put value of 101,113,200,000 Combined total value = 101,169,900,000
Strike 3000 has a total call value of 75,600,000 versus a total put value of 95,001,000,000 Combined total value = 95,076,600,000
Strike 3020 has a total call value of 210,300,000 versus a total put value of 89,361,000,000 Combined total value = 89,571,300,000
Strike 3040 has a total call value of 345,000,000 versus a total put value of 83,763,000,000 Combined total value = 84,108,000,000
Strike 3050 has a total call value of 452,850,000 versus a total put value of 81,012,150,000 Combined total value = 81,465,000,000
Strike 3060 has a total call value of 560,700,000 versus a total put value of 78,322,800,000 Combined total value = 78,883,500,000
Strike 3080 has a total call value of 855,900,000 versus a total put value of 73,016,700,000 Combined total value = 73,872,600,000
Strike 3100 has a total call value of 1,215,900,000 versus a total put value of 67,790,400,000 Combined total value = 69,006,300,000
Strike 3120 has a total call value of 1,807,200,000 versus a total put value of 63,032,100,000 Combined total value = 64,839,300,000
Strike 3140 has a total call value of 2,500,800,000 versus a total put value of 58,395,300,000 Combined total value = 60,896,100,000
Strike 3150 has a total call value of 2,892,300,000 versus a total put value of 56,116,050,000 Combined total value = 59,008,350,000
Strike 3160 has a total call value of 3,373,350,000 versus a total put value of 53,925,000,000 Combined total value = 57,298,350,000
Strike 3180 has a total call value of 4,409,850,000 versus a total put value of 49,641,900,000 Combined total value = 54,051,750,000
Strike 3200 has a total call value of 5,521,950,000 versus a total put value of 45,429,300,000 Combined total value = 50,951,250,000
Strike 3220 has a total call value of 7,639,650,000 versus a total put value of 41,647,200,000 Combined total value = 49,286,850,000
Strike 3240 has a total call value of 9,888,450,000 versus a total put value of 38,036,400,000 Combined total value = 47,924,850,000
Strike 3250 has a total call value of 11,091,000,000 versus a total put value of 36,297,750,000 Combined total value = 47,388,750,000
Strike 3260 has a total call value of 12,420,750,000 versus a total put value of 34,649,550,000 Combined total value = 47,070,300,000
Strike 3280 has a total call value of 15,340,050,000 versus a total put value of 31,507,050,000 Combined total value = 46,847,100,000
Strike 3300 has a total call value of 18,479,250,000 versus a total put value of 28,470,750,000 Combined total value = 46,950,000,000
Strike 3320 has a total call value of 22,455,450,000 versus a total put value of 25,803,150,000 Combined total value = 48,258,600,000
Strike 3340 has a total call value of 26,629,050,000 versus a total put value of 23,206,050,000 Combined total value = 49,835,100,000
Strike 3350 has a total call value of 28,969,800,000 versus a total put value of 21,927,750,000 Combined total value = 50,897,550,000
Strike 3360 has a total call value of 32,008,500,000 versus a total put value of 20,698,200,000 Combined total value = 52,706,700,000
Strike 3380 has a total call value of 38,370,600,000 versus a total put value of 18,301,200,000 Combined total value = 56,671,800,000
Strike 3400 has a total call value of 44,951,700,000 versus a total put value of 15,930,900,000 Combined total value = 60,882,600,000
Strike 3420 has a total call value of 52,424,100,000 versus a total put value of 14,021,700,000 Combined total value = 66,445,800,000
Strike 3440 has a total call value of 60,070,800,000 versus a total put value of 12,219,000,000 Combined total value = 72,289,800,000
Strike 3450 has a total call value of 64,020,300,000 versus a total put value of 11,377,200,000 Combined total value = 75,397,500,000
Strike 3460 has a total call value of 68,231,100,000 versus a total put value of 10,601,700,000 Combined total value = 78,832,800,000
Strike 3480 has a total call value of 78,063,900,000 versus a total put value of 9,050,700,000 Combined total value = 87,114,600,000
Strike 3500 has a total call value of 88,086,000,000 versus a total put value of 7,499,700,000 Combined total value = 95,585,700,000
Strike 3520 has a total call value of 100,549,800,000 versus a total put value of 6,615,000,000 Combined total value = 107,164,800,000
Strike 3540 has a total call value of 113,578,500,000 versus a total put value of 5,730,300,000 Combined total value = 119,308,800,000
Strike 3550 has a total call value of 120,194,850,000 versus a total put value of 5,301,000,000 Combined total value = 125,495,850,000
Strike 3560 has a total call value of 127,088,400,000 versus a total put value of 4,871,700,000 Combined total value = 131,960,100,000
Strike 3580 has a total call value of 140,935,800,000 versus a total put value of 4,013,100,000 Combined total value = 144,948,900,000
Strike 3600 has a total call value of 154,912,200,000 versus a total put value of 3,154,500,000 Combined total value = 158,066,700,000
Strike 3620 has a total call value of 170,053,200,000 versus a total put value of 2,696,700,000 Combined total value = 172,749,900,000
Strike 3640 has a total call value of 185,225,400,000 versus a total put value of 2,238,900,000 Combined total value = 187,464,300,000
Strike 3650 has a total call value of 192,825,750,000 versus a total put value of 2,010,000,000 Combined total value = 194,835,750,000
Strike 3660 has a total call value of 200,505,000,000 versus a total put value of 1,781,100,000 Combined total value = 202,286,100,000
Strike 3680 has a total call value of 215,869,200,000 versus a total put value of 1,323,300,000 Combined total value = 217,192,500,000
Strike 3700 has a total call value of 231,233,400,000 versus a total put value of 865,500,000 Combined total value = 232,098,900,000
Strike 3720 has a total call value of 247,133,400,000 versus a total put value of 700,800,000 Combined total value = 247,834,200,000
Strike 3740 has a total call value of 263,057,400,000 versus a total put value of 536,100,000 Combined total value = 263,593,500,000
Strike 3750 has a total call value of 271,031,400,000 versus a total put value of 453,750,000 Combined total value = 271,485,150,000
Strike 3760 has a total call value of 279,041,700,000 versus a total put value of 371,400,000 Combined total value = 279,413,100,000
Strike 3780 has a total call value of 295,092,900,000 versus a total put value of 206,700,000 Combined total value = 295,299,600,000
Strike 3800 has a total call value of 311,144,100,000 versus a total put value of 42,000,000 Combined total value = 311,186,100,000
Strike 3820 has a total call value of 327,542,700,000 versus a total put value of 33,600,000 Combined total value = 327,576,300,000
Strike 3840 has a total call value of 343,941,300,000 versus a total put value of 25,200,000 Combined total value = 343,966,500,000
Strike 3850 has a total call value of 352,146,000,000 versus a total put value of 21,000,000 Combined total value = 352,167,000,000
Strike 3860 has a total call value of 360,372,300,000 versus a total put value of 16,800,000 Combined total value = 360,389,100,000
Strike 3880 has a total call value of 376,824,900,000 versus a total put value of 8,400,000 Combined total value = 376,833,300,000
Strike 3900 has a total call value of 393,277,500,000 versus a total put value of 0 Combined total value = 393,277,500,000
Strike 3920 has a total call value of 409,869,000,000 versus a total put value of 0 Combined total value = 409,869,000,000
Strike 3940 has a total call value of 426,466,500,000 versus a total put value of 0 Combined total value = 426,466,500,000
Strike 3950 has a total call value of 434,765,250,000 versus a total put value of 0 Combined total value = 434,765,250,000
Strike 3960 has a total call value of 443,064,000,000 versus a total put value of 0 Combined total value = 443,064,000,000
Strike 3980 has a total call value of 459,675,300,000 versus a total put value of 0 Combined total value = 459,675,300,000
Strike 4000 has a total call value of 476,286,600,000 versus a total put value of 0 Combined total value = 476,286,600,000
Strike 4020 has a total call value of 493,093,800,000 versus a total put value of 0 Combined total value = 493,093,800,000
Strike 4040 has a total call value of 509,901,000,000 versus a total put value of 0 Combined total value = 509,901,000,000
Strike 4050 has a total call value of 518,304,600,000 versus a total put value of 0 Combined total value = 518,304,600,000
Strike 4060 has a total call value of 526,708,200,000 versus a total put value of 0 Combined total value = 526,708,200,000
Strike 4080 has a total call value of 543,515,400,000 versus a total put value of 0 Combined total value = 543,515,400,000
Strike 4100 has a total call value of 560,322,600,000 versus a total put value of 0 Combined total value = 560,322,600,000
Strike 4120 has a total call value of 577,129,800,000 versus a total put value of 0 Combined total value = 577,129,800,000
Strike 4140 has a total call value of 593,937,000,000 versus a total put value of 0 Combined total value = 593,937,000,000
Strike 4150 has a total call value of 602,340,600,000 versus a total put value of 0 Combined total value = 602,340,600,000
Strike 4160 has a total call value of 610,744,200,000 versus a total put value of 0 Combined total value = 610,744,200,000
Strike 4180 has a total call value of 627,551,400,000 versus a total put value of 0 Combined total value = 627,551,400,000
Strike 4200 has a total call value of 644,358,600,000 versus a total put value of 0 Combined total value = 644,358,600,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 399.75 | 395 |
ABB | 5571.5 | 5400 |
ABCAPITAL | 198.18 | 190 |
ABFRL | 266.2 | 265 |
ACC | 2061.7 | 2060 |
ADANIENSOL | 914.15 | 880 |
ADANIENT | 2418.1 | 2400 |
ADANIGREEN | 947.15 | 940 |
ADANIPORTS | 1259.4 | 1200 |
ALKEM | 4953.3 | 4900 |
AMBUJACEM | 569.8 | 560 |
ANGELONE | 2356.2 | 2300 |
APLAPOLLO | 1589.4 | 1540 |
APOLLOHOSP | 7073.5 | 6700 |
APOLLOTYRE | 451.75 | 435 |
ASHOKLEY | 218.98 | 210 |
ASIANPAINT | 2467.9 | 2400 |
ASTRAL | 1306.8 | 1300 |
ATGL | 608.25 | 600 |
AUBANK | 586.55 | 560 |
AUROPHARMA | 1171.6 | 1140 |
AXISBANK | 1190.8 | 1110 |
BAJAJ-AUTO | 8018 | 7900 |
BAJAJFINSV | 2035.3 | 1960 |
BAJFINANCE | 9162.5 | 9000 |
BALKRISIND | 2503.9 | 2500 |
BANDHANBNK | 158.79 | 152.5 |
BANKBARODA | 242.81 | 235 |
BANKINDIA | 117.1 | 114 |
BEL | 295.15 | 290 |
BERGEPAINT | 543.6 | 525 |
BHARATFORG | 1068.2 | 1060 |
BHARTIARTL | 1889.1 | 1780 |
BHEL | 227.39 | 220 |
BIOCON | 331.3 | 330 |
BOSCHLTD | 27505 | 27000 |
BPCL | 298.35 | 290 |
BRITANNIA | 5454.6 | 5200 |
BSE | 5931 | 5500 |
BSOFT | 371.55 | 380 |
CAMS | 3882.5 | 3800 |
CANBK | 96.02 | 95 |
CDSL | 1241.9 | 1200 |
CESC | 158.16 | 155 |
CGPOWER | 619.85 | 600 |
CHAMBLFERT | 673.6 | 640 |
CHOLAFIN | 1587.3 | 1520 |
CIPLA | 1515.2 | 1480 |
COALINDIA | 398.85 | 400 |
COFORGE | 6600 | 6600 |
COLPAL | 2570.5 | 2500 |
CONCOR | 699.15 | 700 |
CROMPTON | 332.2 | 335 |
CUMMINSIND | 2891.2 | 2900 |
CYIENT | 1189.5 | 1200 |
DABUR | 479.3 | 480 |
DALBHARAT | 1851.6 | 1840 |
DEEPAKNTR | 1959.8 | 1920 |
DELHIVERY | 281.05 | 260 |
DIVISLAB | 5640 | 5700 |
DIXON | 15323 | 14500 |
DLF | 669.4 | 660 |
DMART | 4357.1 | 4100 |
DRREDDY | 1163.6 | 1150 |
EICHERMOT | 5678.5 | 5500 |
ESCORTS | 3265.2 | 3200 |
ETERNAL | 231.6 | 220 |
EXIDEIND | 375.3 | 370 |
FEDERALBNK | 194.85 | 192.5 |
GAIL | 186.99 | 182.5 |
GLENMARK | 1342.4 | 1400 |
GMRAIRPORT | 86.53 | 82 |
GODREJCP | 1239.3 | 1200 |
GODREJPROP | 1991.1 | 2000 |
GOLDM | 94796 | 93000 |
GRANULES | 467.5 | 470 |
GRASIM | 2760.7 | 2620 |
HAL | 4220.4 | 4200 |
HAVELLS | 1638.5 | 1560 |
HCLTECH | 1438 | 1460 |
HDFCAMC | 4218 | 4100 |
HDFCBANK | 1906.7 | 1840 |
HDFCLIFE | 720.05 | 700 |
HEROMOTOCO | 3771.8 | 3700 |
HFCL | 83.3 | 82 |
HINDALCO | 609.5 | 620 |
HINDCOPPER | 210.41 | 215 |
HINDPETRO | 387.7 | 375 |
HINDUNILVR | 2375 | 2300 |
HINDZINC | 439.7 | 430 |
HUDCO | 228.84 | 220 |
ICICIBANK | 1406.7 | 1340 |
ICICIGI | 1793.4 | 1780 |
ICICIPRULI | 595.65 | 580 |
IDEA | 7.31 | 8 |
IDFCFIRSTB | 63 | 60 |
IEX | 187.62 | 180 |
IGL | 176.95 | 180 |
IIFL | 334.4 | 330 |
INDHOTEL | 841.2 | 820 |
INDIANB | 575.2 | 550 |
INDIGO | 5366 | 5200 |
INDUSINDBK | 794.7 | 740 |
INDUSTOWER | 397.9 | 370 |
INFY | 1419.5 | 1460 |
INOXWIND | 162.85 | 155 |
IOC | 134.3 | 132.5 |
IRB | 46.91 | 45 |
IRCTC | 769.4 | 740 |
IREDA | 173.41 | 160 |
IRFC | 129.48 | 125 |
ITC | 427.25 | 410 |
JINDALSTEL | 881.7 | 880 |
JIOFIN | 246.47 | 237.5 |
JSL | 561.45 | 560 |
JSWENERGY | 507.9 | 510 |
JSWSTEEL | 1007.2 | 1000 |
JUBLFOOD | 697.75 | 680 |
KALYANKJIL | 524.65 | 510 |
KEI | 2826 | 2800 |
KOTAKBANK | 2188.1 | 2120 |
KPITTECH | 1136.2 | 1160 |
LAURUSLABS | 628.05 | 600 |
LICHSGFIN | 604.45 | 580 |
LICI | 803.2 | 800 |
LODHA | 1236.1 | 1200 |
LT | 3247.3 | 3280 |
LTF | 163.69 | 155 |
LTIM | 4191.9 | 4300 |
LUPIN | 1937.2 | 2000 |
M&M | 2679.4 | 2700 |
M&MFIN | 275.5 | 270 |
MANAPPURAM | 229.21 | 230 |
MARICO | 714.8 | 700 |
MARUTI | 11695 | 11500 |
MAXHEALTH | 1084.4 | 1100 |
MCX | 5668.5 | 5500 |
MFSL | 1218 | 1180 |
MGL | 1251.6 | 1280 |
MOTHERSON | 129.67 | 127.5 |
MPHASIS | 2273.7 | 2240 |
MRF | 126475 | 121000 |
MUTHOOTFIN | 2111.6 | 2100 |
NATIONALUM | 152.89 | 165 |
NAUKRI | 6734.5 | 6700 |
NBCC | 98.4 | 90 |
NCC | 217.78 | 212.5 |
NESTLEIND | 2416.6 | 2300 |
NHPC | 84.98 | 84 |
NMDC | 65.87 | 66 |
NTPC | 364 | 360 |
NYKAA | 189.45 | 180 |
OBEROIRLTY | 1640.7 | 1600 |
OFSS | 7950 | 7800 |
OIL | 384.4 | 380 |
ONGC | 243.49 | 240 |
PAGEIND | 44855 | 43500 |
PATANJALI | 1973.1 | 1920 |
PAYTM | 849.6 | 820 |
PEL | 995.1 | 980 |
PERSISTENT | 4836 | 4800 |
PETRONET | 303.95 | 300 |
PFC | 423.7 | 420 |
PHOENIXLTD | 1614.7 | 1550 |
PIDILITIND | 3034.3 | 2940 |
PIIND | 3645.3 | 3550 |
PNB | 99.5 | 98 |
PNBHOUSING | 990.65 | 940 |
POLICYBZR | 1653 | 1600 |
POLYCAB | 5293 | 5200 |
POONAWALLA | 384.65 | 360 |
POWERGRID | 309 | 297.5 |
PRESTIGE | 1215.2 | 1160 |
RAMCOCEM | 967.35 | 930 |
RBLBANK | 183.64 | 180 |
RECLTD | 428.6 | 430 |
RELIANCE | 1274.5 | 1250 |
SAIL | 113.96 | 115 |
SBICARD | 906.35 | 870 |
SBILIFE | 1608.2 | 1560 |
SBIN | 797.45 | 780 |
SHREECEM | 31000 | 30500 |
SHRIRAMFIN | 691.75 | 660 |
SIEMENS | 2810 | 2800 |
SILVER | 94649 | 95000 |
SJVN | 94.18 | 92.5 |
SOLARINDS | 12233 | 11800 |
SONACOMS | 451.7 | 440 |
SRF | 2990.4 | 2900 |
SUNPHARMA | 1751.5 | 1720 |
SUPREMEIND | 3397.6 | 3350 |
SYNGENE | 727 | 720 |
TATACHEM | 848.75 | 850 |
TATACOMM | 1565 | 1600 |
TATACONSUM | 1120.2 | 1070 |
TATAELXSI | 4900.5 | 4900 |
TATAMOTORS | 621.55 | 630 |
TATAPOWER | 381.7 | 390 |
TATASTEEL | 137.14 | 140 |
TATATECH | 651.5 | 650 |
TCS | 3298.9 | 3300 |
TECHM | 1306.8 | 1340 |
TIINDIA | 2495.8 | 2550 |
TITAGARH | 787.75 | 780 |
TITAN | 3327.5 | 3180 |
TORNTPHARM | 3254.8 | 3200 |
TORNTPOWER | 1591 | 1540 |
TRENT | 5130.5 | 5100 |
TVSMOTOR | 2679.3 | 2520 |
ULTRACEMCO | 11901 | 11500 |
UNIONBANK | 126.59 | 125 |
UNITDSPR | 1517.8 | 1440 |
UPL | 656.2 | 640 |
VBL | 556.75 | 540 |
VEDL | 400.05 | 410 |
VOLTAS | 1284.9 | 1300 |
WIPRO | 236.9 | 240 |
YESBANK | 18.09 | 17 |
ZOMATO | 0 | 80 |
ZYDUSLIFE | 831.55 | 850 |
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.