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M&MFIN
M&m Fin. Services Ltd

257.2 -2.60 (-1.00%)

Max pain for M&MFIN

21 Nov 2024 02:11 PM IST

Max Pain for M&MFIN is 265  



Strike  230  has a total call value of 0  versus a total put value of  14,550,000,000 Combined total value = 14,550,000,000

Strike  235  has a total call value of 3,000,000  versus a total put value of  12,478,000,000 Combined total value = 12,481,000,000

Strike  240  has a total call value of 6,000,000  versus a total put value of  10,464,000,000 Combined total value = 10,470,000,000

Strike  245  has a total call value of 9,000,000  versus a total put value of  8,632,000,000 Combined total value = 8,641,000,000

Strike  250  has a total call value of 30,000,000  versus a total put value of  6,953,000,000 Combined total value = 6,983,000,000

Strike  255  has a total call value of 133,000,000  versus a total put value of  5,586,000,000 Combined total value = 5,719,000,000

Strike  260  has a total call value of 375,000,000  versus a total put value of  4,369,000,000 Combined total value = 4,744,000,000

Strike  265  has a total call value of 1,082,000,000  versus a total put value of  3,423,000,000 Combined total value = 4,505,000,000

Strike  270  has a total call value of 2,033,000,000  versus a total put value of  2,597,000,000 Combined total value = 4,630,000,000

Strike  275  has a total call value of 3,690,000,000  versus a total put value of  1,971,000,000 Combined total value = 5,661,000,000

Strike  280  has a total call value of 5,761,000,000  versus a total put value of  1,534,000,000 Combined total value = 7,295,000,000

Strike  285  has a total call value of 8,362,000,000  versus a total put value of  1,097,000,000 Combined total value = 9,459,000,000

Strike  290  has a total call value of 11,422,000,000  versus a total put value of  660,000,000 Combined total value = 12,082,000,000

Strike  295  has a total call value of 14,799,000,000  versus a total put value of  466,000,000 Combined total value = 15,265,000,000

Strike  300  has a total call value of 18,176,000,000  versus a total put value of  272,000,000 Combined total value = 18,448,000,000

Strike  305  has a total call value of 22,272,000,000  versus a total put value of  215,000,000 Combined total value = 22,487,000,000

Strike  310  has a total call value of 26,412,000,000  versus a total put value of  158,000,000 Combined total value = 26,570,000,000

Strike  315  has a total call value of 30,772,000,000  versus a total put value of  101,000,000 Combined total value = 30,873,000,000

Strike  320  has a total call value of 35,132,000,000  versus a total put value of  44,000,000 Combined total value = 35,176,000,000

Strike  325  has a total call value of 39,739,000,000  versus a total put value of  22,000,000 Combined total value = 39,761,000,000

Strike  330  has a total call value of 44,346,000,000  versus a total put value of  0 Combined total value = 44,346,000,000

Strike  335  has a total call value of 48,953,000,000  versus a total put value of  0 Combined total value = 48,953,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 424.95 470
ABB 6766.95 7000
ABBOTINDIA 26956.55 28000
ABCAPITAL 184 200
ABFRL 285.9 300
ACC 2034.5 2240
ADANIENT 2290.25 2640
ADANIPORTS 1134.1 1200
ALKEM 5566.45 5500
AMBUJACEM 497 540
APOLLOHOSP 6722.2 6900
APOLLOTYRE 484 480
ASHOKLEY 217.52 220
ASIANPAINT 2429 2540
ASTRAL 1713.1 1780
ATUL 7246.65 7500
AUBANK 593.4 590
AUROPHARMA 1218.2 1300
AXISBANK 1141.65 1150
BAJAJ-AUTO 9490.65 9700
BAJAJFINSV 1574.35 1620
BAJFINANCE 6493.35 6700
BALKRISIND 2741.55 2800
BANDHANBNK 166.64 177.5
BANKBARODA 229.8 240
BATAINDIA 1280.95 1310
BEL 274.9 285
BERGEPAINT 466.55 495
BHARATFORG 1295.6 1340
BHARTIARTL 1521.9 1560
BHEL 228 235
BIOCON 324.4 330
BOSCHLTD 34078.05 34000
BPCL 282.15 300
BRITANNIA 4772.95 5000
BSOFT 544.8 560
CANBK 94.92 100
CANFINHOME 823.6 830
CHAMBLFERT 459.8 480
CHOLAFIN 1210.3 1240
CIPLA 1456.75 1520
COALINDIA 405.35 425
COFORGE 8208.75 8000
COLPAL 2687.1 2800
CONCOR 768.5 810
COROMANDEL 1776 1720
CROMPTON 381.8 390
CUB 170.55 175
CUMMINSIND 3291.65 3400
DABUR 505.35 525
DALBHARAT 1776.2 1760
DEEPAKNTR 2622.7 2650
DIVISLAB 5950.55 5900
DIXON 15032.6 14750
DLF 776.7 780
DRREDDY 1193.35 1220
EICHERMOT 4911.4 4900
ESCORTS 3460.5 3600
EXIDEIND 415.75 440
FEDERALBNK 210.89 205
GAIL 188.72 197.5
GLENMARK 1463.85 1520
GMRINFRA 76.94 82
GNFC 557.1 570
GODREJCP 1180.2 1200
GODREJPROP 2715.1 2750
GRANULES 544.85 580
GRASIM 2541.75 2540
GUJGASLTD 453.75 480
HAL 3993.9 4200
HAVELLS 1631.25 1640
HCLTECH 1831.15 1820
HDFCAMC 4209.8 4300
HDFCBANK 1743.05 1740
HDFCLIFE 673.65 680
HEROMOTOCO 4752.85 4800
HINDALCO 646.05 650
HINDCOPPER 263.6 290
HINDPETRO 360.2 375
HINDUNILVR 2379.25 2480
ICICIBANK 1252.15 1260
ICICIGI 1819.45 1880
ICICIPRULI 680.05 690
IDEA 6.97 8
IDFCFIRSTB 63.17 66
IEX 161.6 170
IGL 311.1 330
INDHOTEL 790.9 760
INDIAMART 2249.95 2400
INDIGO 4060.3 4000
INDUSINDBK 975 1040
INDUSTOWER 330.6 340
INFY 1827.2 1800
IOC 131.1 140
IPCALAB 1566.95 1560
IRCTC 797 820
ITC 455.95 475
JINDALSTEL 875.05 900
JKCEMENT 4006.15 4000
JSWSTEEL 942.75 960
JUBLFOOD 611.2 610
KOTAKBANK 1735.5 1760
LALPATHLAB 3019.95 3100
LAURUSLABS 487.95 490
LICHSGFIN 611.95 630
LT 3493 3600
LTF 137.98 140
LTIM 5917.05 5900
LTTS 5166 5150
LUPIN 2037.85 2100
M&M 2944.85 2900
M&MFIN 257.2 265
MANAPPURAM 150.9 155
MARICO 590.2 600
MARUTI 10912 11000
MCX 6187.05 6200
METROPOLIS 2010 2060
MFSL 1175.45 1200
MGL 1115.45 1160
MOTHERSON 161.7 175
MPHASIS 2774.6 2850
MRF 123095.85 122500
MUTHOOTFIN 1909 1880
NATIONALUM 249.25 240
NAUKRI 7521.65 7700
NAVINFLUOR 3266 3400
NESTLEIND 2205 2280
NMDC 218.56 225
NTPC 356.25 370
OBEROIRLTY 1933.05 1960
OFSS 11139.95 11500
ONGC 242 254
PAGEIND 44568.45 45500
PEL 1053.3 1060
PERSISTENT 5733.7 5600
PETRONET 320.85 328
PFC 452.5 460
PIDILITIND 2942.7 3060
PIIND 4131.85 4200
PNB 96.97 102
POLYCAB 6427.1 6500
POWERGRID 322 320
PVRINOX 1444.9 1500
RAMCOCEM 918.1 900
RBLBANK 158.5 160
RECLTD 489.9 510
RELIANCE 1219.95 1290
SAIL 111.16 115
SBICARD 674.05 690
SBILIFE 1483.75 1520
SBIN 781.85 800
SHREECEM 24279 24500
SHRIRAMFIN 2802.1 2900
SIEMENS 6684.9 6800
SRF 2154.8 2260
SUNPHARMA 1764.95 1800
SUNTV 727.8 730
SYNGENE 842.75 870
TATACHEM 1057.85 1100
TATACOMM 1712.15 1780
TATACONSUM 911.85 950
TATAMOTORS 778.25 800
TATAPOWER 410.05 420
TATASTEEL 140.52 145
TCS 4052.55 4100
TECHM 1697.6 1680
TITAN 3164.85 3200
TORNTPHARM 3092.2 3150
TRENT 6460 6600
TVSMOTOR 2399.45 2450
UBL 1819.45 1880
ULTRACEMCO 10924 11000
UNITDSPR 1490.8 1480
UPL 563.7 540
VEDL 442.7 460
VOLTAS 1673.75 1700
WIPRO 556.8 560
ZYDUSLIFE 940.1 960

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.