LTIM
Ltimindtree Limited
Max pain for LTIM
02 Apr 2025 01:40 PM IST
Max Pain for LTIM is 4550
Strike 3400 has a total call value of 0 versus a total put value of 67,198,500,000 Combined total value = 67,198,500,000
Strike 3450 has a total call value of 0 versus a total put value of 63,475,500,000 Combined total value = 63,475,500,000
Strike 3500 has a total call value of 0 versus a total put value of 59,752,500,000 Combined total value = 59,752,500,000
Strike 3550 has a total call value of 0 versus a total put value of 56,029,500,000 Combined total value = 56,029,500,000
Strike 3600 has a total call value of 0 versus a total put value of 52,306,500,000 Combined total value = 52,306,500,000
Strike 3650 has a total call value of 0 versus a total put value of 48,659,250,000 Combined total value = 48,659,250,000
Strike 3700 has a total call value of 0 versus a total put value of 45,012,000,000 Combined total value = 45,012,000,000
Strike 3750 has a total call value of 0 versus a total put value of 41,364,750,000 Combined total value = 41,364,750,000
Strike 3800 has a total call value of 0 versus a total put value of 37,717,500,000 Combined total value = 37,717,500,000
Strike 3850 has a total call value of 0 versus a total put value of 34,325,250,000 Combined total value = 34,325,250,000
Strike 3900 has a total call value of 0 versus a total put value of 30,933,000,000 Combined total value = 30,933,000,000
Strike 3950 has a total call value of 0 versus a total put value of 27,692,250,000 Combined total value = 27,692,250,000
Strike 4000 has a total call value of 0 versus a total put value of 24,451,500,000 Combined total value = 24,451,500,000
Strike 4050 has a total call value of 0 versus a total put value of 21,866,250,000 Combined total value = 21,866,250,000
Strike 4100 has a total call value of 0 versus a total put value of 19,299,000,000 Combined total value = 19,299,000,000
Strike 4150 has a total call value of 1,500,000 versus a total put value of 16,829,250,000 Combined total value = 16,830,750,000
Strike 4200 has a total call value of 3,000,000 versus a total put value of 14,375,250,000 Combined total value = 14,378,250,000
Strike 4250 has a total call value of 33,000,000 versus a total put value of 12,249,000,000 Combined total value = 12,282,000,000
Strike 4300 has a total call value of 74,250,000 versus a total put value of 10,167,750,000 Combined total value = 10,242,000,000
Strike 4350 has a total call value of 168,750,000 versus a total put value of 8,380,500,000 Combined total value = 8,549,250,000
Strike 4400 has a total call value of 282,000,000 versus a total put value of 6,661,500,000 Combined total value = 6,943,500,000
Strike 4450 has a total call value of 586,500,000 versus a total put value of 5,367,000,000 Combined total value = 5,953,500,000
Strike 4500 has a total call value of 953,250,000 versus a total put value of 4,113,750,000 Combined total value = 5,067,000,000
Strike 4550 has a total call value of 1,640,250,000 versus a total put value of 3,350,250,000 Combined total value = 4,990,500,000
Strike 4600 has a total call value of 2,412,000,000 versus a total put value of 2,652,000,000 Combined total value = 5,064,000,000
Strike 4650 has a total call value of 3,716,250,000 versus a total put value of 2,262,750,000 Combined total value = 5,979,000,000
Strike 4700 has a total call value of 5,152,500,000 versus a total put value of 1,887,000,000 Combined total value = 7,039,500,000
Strike 4750 has a total call value of 6,922,500,000 versus a total put value of 1,604,250,000 Combined total value = 8,526,750,000
Strike 4800 has a total call value of 8,724,000,000 versus a total put value of 1,321,500,000 Combined total value = 10,045,500,000
Strike 4850 has a total call value of 10,817,250,000 versus a total put value of 1,091,250,000 Combined total value = 11,908,500,000
Strike 4900 has a total call value of 12,976,500,000 versus a total put value of 861,000,000 Combined total value = 13,837,500,000
Strike 4950 has a total call value of 15,321,750,000 versus a total put value of 670,500,000 Combined total value = 15,992,250,000
Strike 5000 has a total call value of 17,746,500,000 versus a total put value of 480,000,000 Combined total value = 18,226,500,000
Strike 5050 has a total call value of 20,881,500,000 versus a total put value of 432,000,000 Combined total value = 21,313,500,000
Strike 5100 has a total call value of 24,016,500,000 versus a total put value of 384,000,000 Combined total value = 24,400,500,000
Strike 5150 has a total call value of 27,484,500,000 versus a total put value of 336,000,000 Combined total value = 27,820,500,000
Strike 5200 has a total call value of 30,952,500,000 versus a total put value of 288,000,000 Combined total value = 31,240,500,000
Strike 5250 has a total call value of 34,663,500,000 versus a total put value of 240,000,000 Combined total value = 34,903,500,000
Strike 5300 has a total call value of 38,374,500,000 versus a total put value of 192,000,000 Combined total value = 38,566,500,000
Strike 5350 has a total call value of 42,204,750,000 versus a total put value of 144,000,000 Combined total value = 42,348,750,000
Strike 5400 has a total call value of 46,035,000,000 versus a total put value of 96,000,000 Combined total value = 46,131,000,000
Strike 5450 has a total call value of 49,865,250,000 versus a total put value of 48,000,000 Combined total value = 49,913,250,000
Strike 5500 has a total call value of 53,695,500,000 versus a total put value of 0 Combined total value = 53,695,500,000
Strike 5550 has a total call value of 57,727,500,000 versus a total put value of 0 Combined total value = 57,727,500,000
Strike 5600 has a total call value of 61,759,500,000 versus a total put value of 0 Combined total value = 61,759,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 4427.6 | 400 |
| ABB | 4427.6 | 5500 |
| ABCAPITAL | 4427.6 | 190 |
| ABFRL | 4427.6 | 265 |
| ACC | 4427.6 | 2000 |
| ADANIENSOL | 4427.6 | 860 |
| ADANIENT | 4427.6 | 2500 |
| ADANIGREEN | 4427.6 | 940 |
| ADANIPORTS | 4427.6 | 1200 |
| ALKEM | 4427.6 | 4900 |
| AMBUJACEM | 4427.6 | 540 |
| ANGELONE | 4427.6 | 2300 |
| APLAPOLLO | 4427.6 | 1500 |
| APOLLOHOSP | 4427.6 | 6650 |
| APOLLOTYRE | 4427.6 | 430 |
| ASHOKLEY | 4427.6 | 210 |
| ASIANPAINT | 4427.6 | 2340 |
| ASTRAL | 4427.6 | 1300 |
| ATGL | 4427.6 | 600 |
| AUBANK | 4427.6 | 550 |
| AUROPHARMA | 4427.6 | 1160 |
| AXISBANK | 4427.6 | 1100 |
| BAJAJ-AUTO | 4427.6 | 8000 |
| BAJAJFINSV | 4427.6 | 1940 |
| BAJFINANCE | 4427.6 | 8800 |
| BALKRISIND | 4427.6 | 2560 |
| BANDHANBNK | 4427.6 | 150 |
| BANKBARODA | 4427.6 | 230 |
| BANKINDIA | 4427.6 | 109 |
| BEL | 4427.6 | 290 |
| BERGEPAINT | 4427.6 | 500 |
| BHARATFORG | 4427.6 | 1160 |
| BHARTIARTL | 4427.6 | 1720 |
| BHEL | 4427.6 | 220 |
| BIOCON | 4427.6 | 345 |
| BOSCHLTD | 4427.6 | 28000 |
| BPCL | 4427.6 | 280 |
| BRITANNIA | 4427.6 | 4900 |
| BSE | 4427.6 | 5200 |
| BSOFT | 4427.6 | 400 |
| CAMS | 4427.6 | 3700 |
| CANBK | 4427.6 | 90 |
| CDSL | 4427.6 | 1200 |
| CESC | 4427.6 | 155 |
| CGPOWER | 4427.6 | 640 |
| CHAMBLFERT | 4427.6 | 610 |
| CHOLAFIN | 4427.6 | 1500 |
| CIPLA | 4427.6 | 1480 |
| COALINDIA | 4427.6 | 405 |
| COFORGE | 4427.6 | 7900 |
| COLPAL | 4427.6 | 2400 |
| CONCOR | 4427.6 | 710 |
| CROMPTON | 4427.6 | 350 |
| CUMMINSIND | 4427.6 | 3050 |
| CYIENT | 4427.6 | 1300 |
| DABUR | 4427.6 | 500 |
| DALBHARAT | 4427.6 | 1800 |
| DEEPAKNTR | 4427.6 | 2000 |
| DELHIVERY | 4427.6 | 260 |
| DIVISLAB | 4427.6 | 5650 |
| DIXON | 4427.6 | 13500 |
| DLF | 4427.6 | 690 |
| DMART | 4427.6 | 4050 |
| DRREDDY | 4427.6 | 1150 |
| EICHERMOT | 4427.6 | 5350 |
| ESCORTS | 4427.6 | 3250 |
| EXIDEIND | 4427.6 | 370 |
| FEDERALBNK | 4427.6 | 195 |
| GAIL | 4427.6 | 185 |
| GLENMARK | 4427.6 | 1500 |
| GMRAIRPORT | 4427.6 | 77 |
| GODREJCP | 4427.6 | 1140 |
| GODREJPROP | 4427.6 | 2100 |
| GOLDM | 4427.6 | 89000 |
| GRANULES | 4427.6 | 500 |
| GRASIM | 4427.6 | 2580 |
| HAL | 4427.6 | 4200 |
| HAVELLS | 4427.6 | 1500 |
| HCLTECH | 4427.6 | 1580 |
| HDFCAMC | 4427.6 | 4000 |
| HDFCBANK | 4427.6 | 1800 |
| HDFCLIFE | 4427.6 | 690 |
| HEROMOTOCO | 4427.6 | 3750 |
| HFCL | 4427.6 | 81 |
| HINDALCO | 4427.6 | 680 |
| HINDCOPPER | 4427.6 | 230 |
| HINDPETRO | 4427.6 | 360 |
| HINDUNILVR | 4427.6 | 2260 |
| HINDZINC | 4427.6 | 450 |
| HUDCO | 4427.6 | 200 |
| ICICIBANK | 4427.6 | 1340 |
| ICICIGI | 4427.6 | 1800 |
| ICICIPRULI | 4427.6 | 575 |
| IDEA | 4427.6 | 8 |
| IDFCFIRSTB | 4427.6 | 58 |
| IEX | 4427.6 | 180 |
| IGL | 4427.6 | 200 |
| IIFL | 4427.6 | 330 |
| INDHOTEL | 4427.6 | 820 |
| INDIANB | 4427.6 | 550 |
| INDIGO | 4427.6 | 5000 |
| INDUSINDBK | 4427.6 | 700 |
| INDUSTOWER | 4427.6 | 350 |
| INFY | 4427.6 | 1580 |
| INOXWIND | 4427.6 | 165 |
| IOC | 4427.6 | 132 |
| IRB | 4427.6 | 46 |
| IRCTC | 4427.6 | 730 |
| IREDA | 4427.6 | 155 |
| IRFC | 4427.6 | 125 |
| ITC | 4427.6 | 410 |
| JINDALSTEL | 4427.6 | 920 |
| JIOFIN | 4427.6 | 230 |
| JSL | 4427.6 | 600 |
| JSWENERGY | 4427.6 | 540 |
| JSWSTEEL | 4427.6 | 1050 |
| JUBLFOOD | 4427.6 | 670 |
| KALYANKJIL | 4427.6 | 480 |
| KEI | 4427.6 | 2900 |
| KOTAKBANK | 4427.6 | 2120 |
| KPITTECH | 4427.6 | 1300 |
| LAURUSLABS | 4427.6 | 600 |
| LICHSGFIN | 4427.6 | 570 |
| LICI | 4427.6 | 800 |
| LODHA | 4427.6 | 1200 |
| LT | 4427.6 | 3480 |
| LTF | 4427.6 | 150 |
| LTIM | 4427.6 | 4550 |
| LUPIN | 4427.6 | 2000 |
| M&M | 4427.6 | 2700 |
| M&MFIN | 4427.6 | 280 |
| MANAPPURAM | 4427.6 | 230 |
| MARICO | 4427.6 | 650 |
| MARUTI | 4427.6 | 11700 |
| MAXHEALTH | 4427.6 | 1120 |
| MCX | 4427.6 | 5400 |
| MFSL | 4427.6 | 1140 |
| MGL | 4427.6 | 1380 |
| MOTHERSON | 4427.6 | 132.5 |
| MPHASIS | 4427.6 | 2500 |
| MRF | 4427.6 | 114000 |
| MUTHOOTFIN | 4427.6 | 2260 |
| NATIONALUM | 4427.6 | 185 |
| NAUKRI | 4427.6 | 7000 |
| NBCC | 4427.6 | 82.5 |
| NCC | 4427.6 | 210 |
| NESTLEIND | 4427.6 | 2220 |
| NHPC | 4427.6 | 84 |
| NMDC | 4427.6 | 69.7 |
| NTPC | 4427.6 | 360 |
| NYKAA | 4427.6 | 175 |
| OBEROIRLTY | 4427.6 | 1600 |
| OFSS | 4427.6 | 7900 |
| OIL | 4427.6 | 390 |
| ONGC | 4427.6 | 250 |
| PAGEIND | 4427.6 | 42000 |
| PATANJALI | 4427.6 | 1800 |
| PAYTM | 4427.6 | 800 |
| PEL | 4427.6 | 1000 |
| PERSISTENT | 4427.6 | 5400 |
| PETRONET | 4427.6 | 300 |
| PFC | 4427.6 | 420 |
| PHOENIXLTD | 4427.6 | 1600 |
| PIDILITIND | 4427.6 | 2840 |
| PIIND | 4427.6 | 3500 |
| PNB | 4427.6 | 97 |
| PNBHOUSING | 4427.6 | 880 |
| POLICYBZR | 4427.6 | 1580 |
| POLYCAB | 4427.6 | 5100 |
| POONAWALLA | 4427.6 | 340 |
| POWERGRID | 4427.6 | 290 |
| PRESTIGE | 4427.6 | 1200 |
| RAMCOCEM | 4427.6 | 900 |
| RBLBANK | 4427.6 | 175 |
| RECLTD | 4427.6 | 440 |
| RELIANCE | 4427.6 | 1280 |
| SAIL | 4427.6 | 120 |
| SBICARD | 4427.6 | 865 |
| SBILIFE | 4427.6 | 1560 |
| SBIN | 4427.6 | 780 |
| SHREECEM | 4427.6 | 30500 |
| SHRIRAMFIN | 4427.6 | 650 |
| SIEMENS | 4427.6 | 5300 |
| SILVER | 4427.6 | 99000 |
| SJVN | 4427.6 | 92.5 |
| SOLARINDS | 4427.6 | 11100 |
| SONACOMS | 4427.6 | 460 |
| SRF | 4427.6 | 2920 |
| SUNPHARMA | 4427.6 | 1720 |
| SUPREMEIND | 4427.6 | 3500 |
| SYNGENE | 4427.6 | 720 |
| TATACHEM | 4427.6 | 860 |
| TATACOMM | 4427.6 | 1600 |
| TATACONSUM | 4427.6 | 1040 |
| TATAELXSI | 4427.6 | 5200 |
| TATAMOTORS | 4427.6 | 690 |
| TATAPOWER | 4427.6 | 395 |
| TATASTEEL | 4427.6 | 155 |
| TATATECH | 4427.6 | 680 |
| TCS | 4427.6 | 3600 |
| TECHM | 4427.6 | 1420 |
| TIINDIA | 4427.6 | 2750 |
| TITAGARH | 4427.6 | 800 |
| TITAN | 4427.6 | 3100 |
| TORNTPHARM | 4427.6 | 3200 |
| TORNTPOWER | 4427.6 | 1500 |
| TRENT | 4427.6 | 5500 |
| TVSMOTOR | 4427.6 | 2440 |
| ULTRACEMCO | 4427.6 | 11300 |
| UNIONBANK | 4427.6 | 125 |
| UNITDSPR | 4427.6 | 1400 |
| UPL | 4427.6 | 650 |
| VBL | 4427.6 | 540 |
| VEDL | 4427.6 | 470 |
| VOLTAS | 4427.6 | 1380 |
| WIPRO | 4427.6 | 267.5 |
| YESBANK | 4427.6 | 17 |
| ZOMATO | 4427.6 | 210 |
| ZYDUSLIFE | 4427.6 | 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.
