MARUTI
Maruti Suzuki India Ltd.
Max pain for MARUTI
15 Jul 2025 12:01 PM ISTNext Refresh in
Max Pain for MARUTI is 12600
Strike 10600 has a total call value of 0 versus a total put value of 131,230,000,000 Combined total value = 131,230,000,000
Strike 10700 has a total call value of 0 versus a total put value of 122,321,500,000 Combined total value = 122,321,500,000
Strike 10800 has a total call value of 0 versus a total put value of 113,413,000,000 Combined total value = 113,413,000,000
Strike 10900 has a total call value of 0 versus a total put value of 104,713,500,000 Combined total value = 104,713,500,000
Strike 11000 has a total call value of 0 versus a total put value of 96,014,000,000 Combined total value = 96,014,000,000
Strike 11100 has a total call value of 0 versus a total put value of 87,651,500,000 Combined total value = 87,651,500,000
Strike 11200 has a total call value of 0 versus a total put value of 79,423,500,000 Combined total value = 79,423,500,000
Strike 11300 has a total call value of 0 versus a total put value of 71,937,000,000 Combined total value = 71,937,000,000
Strike 11400 has a total call value of 0 versus a total put value of 64,508,000,000 Combined total value = 64,508,000,000
Strike 11500 has a total call value of 0 versus a total put value of 57,585,500,000 Combined total value = 57,585,500,000
Strike 11600 has a total call value of 0 versus a total put value of 50,956,500,000 Combined total value = 50,956,500,000
Strike 11700 has a total call value of 0 versus a total put value of 44,497,500,000 Combined total value = 44,497,500,000
Strike 11800 has a total call value of 0 versus a total put value of 38,208,500,000 Combined total value = 38,208,500,000
Strike 11900 has a total call value of 0 versus a total put value of 32,164,500,000 Combined total value = 32,164,500,000
Strike 12000 has a total call value of 0 versus a total put value of 26,303,500,000 Combined total value = 26,303,500,000
Strike 12100 has a total call value of 99,000,000 versus a total put value of 21,345,000,000 Combined total value = 21,444,000,000
Strike 12200 has a total call value of 198,000,000 versus a total put value of 16,610,000,000 Combined total value = 16,808,000,000
Strike 12300 has a total call value of 343,000,000 versus a total put value of 12,174,000,000 Combined total value = 12,517,000,000
Strike 12400 has a total call value of 618,500,000 versus a total put value of 8,327,500,000 Combined total value = 8,946,000,000
Strike 12500 has a total call value of 1,179,500,000 versus a total put value of 5,040,500,000 Combined total value = 6,220,000,000
Strike 12600 has a total call value of 2,621,500,000 versus a total put value of 2,637,500,000 Combined total value = 5,259,000,000
Strike 12700 has a total call value of 6,995,500,000 versus a total put value of 1,251,000,000 Combined total value = 8,246,500,000
Strike 12800 has a total call value of 14,892,000,000 versus a total put value of 441,000,000 Combined total value = 15,333,000,000
Strike 12900 has a total call value of 28,461,000,000 versus a total put value of 241,000,000 Combined total value = 28,702,000,000
Strike 13000 has a total call value of 44,700,500,000 versus a total put value of 41,000,000 Combined total value = 44,741,500,000
Strike 13100 has a total call value of 66,327,500,000 versus a total put value of 20,500,000 Combined total value = 66,348,000,000
Strike 13200 has a total call value of 89,037,500,000 versus a total put value of 0 Combined total value = 89,037,500,000
Strike 13300 has a total call value of 112,753,500,000 versus a total put value of 0 Combined total value = 112,753,500,000
Strike 13400 has a total call value of 136,781,500,000 versus a total put value of 0 Combined total value = 136,781,500,000
Strike 13500 has a total call value of 161,128,000,000 versus a total put value of 0 Combined total value = 161,128,000,000
Strike 13600 has a total call value of 186,934,000,000 versus a total put value of 0 Combined total value = 186,934,000,000
Strike 13700 has a total call value of 212,966,500,000 versus a total put value of 0 Combined total value = 212,966,500,000
Strike 13800 has a total call value of 239,273,500,000 versus a total put value of 0 Combined total value = 239,273,500,000
Strike 13900 has a total call value of 265,976,500,000 versus a total put value of 0 Combined total value = 265,976,500,000
Strike 14000 has a total call value of 293,055,500,000 versus a total put value of 0 Combined total value = 293,055,500,000
Strike 14100 has a total call value of 321,266,500,000 versus a total put value of 0 Combined total value = 321,266,500,000
Strike 14200 has a total call value of 349,477,500,000 versus a total put value of 0 Combined total value = 349,477,500,000
Strike 14300 has a total call value of 378,306,000,000 versus a total put value of 0 Combined total value = 378,306,000,000
Strike 14400 has a total call value of 407,134,500,000 versus a total put value of 0 Combined total value = 407,134,500,000
Strike 14500 has a total call value of 436,187,000,000 versus a total put value of 0 Combined total value = 436,187,000,000
Strike 14600 has a total call value of 465,239,500,000 versus a total put value of 0 Combined total value = 465,239,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1193.6 | 1200 |
| AARTIIND | 448.5 | 455 |
| ABB | 5706.5 | 5900 |
| ABCAPITAL | 270.75 | 270 |
| ABFRL | 77.01 | 76 |
| ACC | 1989.1 | 1940 |
| ADANIENSOL | 875.5 | 880 |
| ADANIENT | 2589.5 | 2620 |
| ADANIGREEN | 1032.4 | 1000 |
| ADANIPORTS | 1443.3 | 1420 |
| ALKEM | 4908.4 | 4850 |
| AMBER | 7846 | 7400 |
| AMBUJACEM | 591.05 | 590 |
| ANGELONE | 2667 | 2700 |
| APLAPOLLO | 1715.3 | 1740 |
| APOLLOHOSP | 7278 | 7300 |
| ASHOKLEY | 250.55 | 250 |
| ASIANPAINT | 2400.7 | 2400 |
| ASTRAL | 1492.6 | 1500 |
| ATGL | 646.95 | 660 |
| AUBANK | 811.8 | 810 |
| AUROPHARMA | 1150.6 | 1140 |
| AXISBANK | 1169.9 | 1180 |
| BAJAJ-AUTO | 8259.5 | 8390 |
| BAJAJFINSV | 2022.3 | 2020 |
| BAJFINANCE | 921.75 | 930 |
| BALKRISIND | 2662.8 | 2580 |
| BANDHANBNK | 180.66 | 180 |
| BANKBARODA | 243.69 | 245 |
| BANKINDIA | 115.68 | 115.95 |
| BDL | 1817.2 | 1900 |
| BEL | 409.65 | 415 |
| BHARATFORG | 1231 | 1260 |
| BHARTIARTL | 1933.1 | 1960 |
| BHEL | 257.25 | 260 |
| BIOCON | 390.4 | 370 |
| BLUESTARCO | 1894.3 | 1780 |
| BOSCHLTD | 38460 | 36000 |
| BPCL | 349.85 | 340 |
| BRITANNIA | 5811 | 5800 |
| BSE | 2479.8 | 2600 |
| BSOFT | 428.25 | 430 |
| CAMS | 4225.1 | 4200 |
| CANBK | 115.13 | 114 |
| CDSL | 1683.5 | 1740 |
| CESC | 181.43 | 175 |
| CGPOWER | 673.45 | 670 |
| CHAMBLFERT | 551.55 | 560 |
| CHOLAFIN | 1547.1 | 1560 |
| CIPLA | 1486.9 | 1500 |
| COALINDIA | 385.9 | 395 |
| COFORGE | 1892.4 | 1880 |
| COLPAL | 2402.1 | 2400 |
| CONCOR | 616.35 | 610 |
| CROMPTON | 342.1 | 350 |
| CUMMINSIND | 3556.4 | 3400 |
| CYIENT | 1313.8 | 1300 |
| DABUR | 524.05 | 515 |
| DALBHARAT | 2170.1 | 2180 |
| DELHIVERY | 415.65 | 400 |
| DIVISLAB | 6742.5 | 6800 |
| DIXON | 15869 | 15250 |
| DLF | 838.45 | 840 |
| DMART | 4039.1 | 4100 |
| DRREDDY | 1256 | 1280 |
| EICHERMOT | 5635 | 5600 |
| ETERNAL | 267.1 | 260 |
| EXIDEIND | 385.75 | 390 |
| FEDERALBNK | 212.58 | 212.5 |
| FORTIS | 801.75 | 780 |
| GAIL | 184.7 | 190 |
| GLENMARK | 2210 | 2000 |
| GMRAIRPORT | 91.31 | 90 |
| GODREJCP | 1272.7 | 1260 |
| GODREJPROP | 2290.4 | 2300 |
| GRANULES | 488.85 | 500 |
| GRASIM | 2794.7 | 2800 |
| HAL | 4899 | 4900 |
| HAVELLS | 1533 | 1560 |
| HCLTECH | 1567.3 | 1600 |
| HDFCAMC | 5231.5 | 5100 |
| HDFCBANK | 1995.7 | 2000 |
| HDFCLIFE | 756.7 | 770 |
| HEROMOTOCO | 4396.9 | 4300 |
| HFCL | 82.53 | 85 |
| HINDALCO | 672.5 | 680 |
| HINDCOPPER | 263.2 | 265 |
| HINDPETRO | 431.15 | 430 |
| HINDUNILVR | 2518.9 | 2440 |
| HINDZINC | 438 | 450 |
| HUDCO | 234.02 | 235 |
| ICICIBANK | 1424.9 | 1430 |
| ICICIGI | 2005.9 | 2020 |
| ICICIPRULI | 674.2 | 660 |
| IDEA | 7.65 | 7 |
| IDFCFIRSTB | 73.1 | 75 |
| IEX | 208.11 | 200 |
| IGL | 219.78 | 215 |
| IIFL | 525.15 | 500 |
| INDHOTEL | 738.3 | 750 |
| INDIANB | 641.4 | 630 |
| INDIGO | 5956.5 | 5800 |
| INDUSINDBK | 880.7 | 860 |
| INDUSTOWER | 405.5 | 405 |
| INFY | 1591.2 | 1600 |
| INOXWIND | 173.07 | 175 |
| IOC | 151.08 | 150 |
| IRB | 48.61 | 49 |
| IRCTC | 772.85 | 780 |
| IREDA | 160.27 | 162.5 |
| IRFC | 135.22 | 140 |
| ITC | 422.05 | 420 |
| JINDALSTEL | 943.95 | 950 |
| JIOFIN | 320.9 | 320 |
| JSL | 688 | 690 |
| JSWENERGY | 529.8 | 510 |
| JSWSTEEL | 1040.4 | 1030 |
| JUBLFOOD | 687.35 | 690 |
| KALYANKJIL | 589.15 | 570 |
| KAYNES | 6010 | 6000 |
| KEI | 3824.9 | 3800 |
| KFINTECH | 1293.4 | 1300 |
| KOTAKBANK | 2215.6 | 2200 |
| KPITTECH | 1289.3 | 1280 |
| LAURUSLABS | 826.45 | 780 |
| LICHSGFIN | 613.1 | 610 |
| LICI | 921.5 | 930 |
| LODHA | 1438.6 | 1400 |
| LT | 3506.2 | 3560 |
| LTF | 205 | 200 |
| LTIM | 5263 | 5300 |
| LUPIN | 1947.8 | 1940 |
| M&M | 3137 | 3200 |
| M&MFIN | 264.5 | 263.5 |
| MANAPPURAM | 267.8 | 270 |
| MANKIND | 2652 | 2500 |
| MARICO | 732.9 | 730 |
| MARUTI | 12565 | 12600 |
| MAXHEALTH | 1257.1 | 1260 |
| MAZDOCK | 3108.3 | 3200 |
| MCX | 8270 | 8400 |
| MFSL | 1567 | 1600 |
| MGL | 1473.3 | 1500 |
| MOTHERSON | 158.28 | 155 |
| MPHASIS | 2872.8 | 2843 |
| MUTHOOTFIN | 2657.3 | 2600 |
| NATIONALUM | 190.17 | 190 |
| NAUKRI | 1389.5 | 1420 |
| NBCC | 115.74 | 115 |
| NCC | 227.96 | 225 |
| NESTLEIND | 2400.8 | 2420 |
| NHPC | 88.38 | 86 |
| NMDC | 68.19 | 70 |
| NTPC | 343.85 | 340 |
| NYKAA | 217.22 | 210 |
| OBEROIRLTY | 1832.2 | 1860 |
| OFSS | 8813.5 | 9000 |
| OIL | 445.35 | 450 |
| ONGC | 244.04 | 242.5 |
| PAGEIND | 48955 | 48000 |
| PATANJALI | 1714.4 | 1660 |
| PAYTM | 988.8 | 960 |
| PEL | 1320 | 1260 |
| PERSISTENT | 5621.5 | 5700 |
| PETRONET | 308.1 | 310 |
| PFC | 427.4 | 420 |
| PGEL | 811 | 780 |
| PHOENIXLTD | 1496.1 | 1500 |
| PIDILITIND | 2976.3 | 3000 |
| PIIND | 4133.7 | 4100 |
| PNB | 112.7 | 110 |
| PNBHOUSING | 1090.3 | 1100 |
| POLICYBZR | 1853.5 | 1850 |
| POLYCAB | 6873 | 6600 |
| POONAWALLA | 455.85 | 450 |
| POWERGRID | 298.15 | 300 |
| PPLPHARMA | 214.65 | 205 |
| PRESTIGE | 1762.7 | 1700 |
| RBLBANK | 265.3 | 247.5 |
| RECLTD | 401.35 | 400 |
| RELIANCE | 1491.7 | 1500 |
| RVNL | 383.75 | 390 |
| SAIL | 134.27 | 135 |
| SBICARD | 896.3 | 920 |
| SBILIFE | 1839.5 | 1840 |
| SBIN | 815.85 | 810 |
| SHREECEM | 30900 | 31000 |
| SHRIRAMFIN | 678.6 | 680 |
| SIEMENS | 3150.7 | 3200 |
| SJVN | 98.15 | 99 |
| SOLARINDS | 15435 | 16000 |
| SONACOMS | 458.25 | 470 |
| SRF | 3199 | 3200 |
| SUNPHARMA | 1723.7 | 1700 |
| SUPREMEIND | 4187 | 4300 |
| SYNGENE | 657.4 | 650 |
| TATACHEM | 934.4 | 940 |
| TATACOMM | 1725 | 1740 |
| TATACONSUM | 1074.1 | 1100 |
| TATAELXSI | 6387.5 | 6200 |
| TATAMOTORS | 682.5 | 690 |
| TATAPOWER | 402.8 | 405 |
| TATASTEEL | 159.7 | 160 |
| TATATECH | 726.35 | 720 |
| TCS | 3246 | 3300 |
| TECHM | 1580.7 | 1600 |
| TIINDIA | 2902 | 3000 |
| TITAGARH | 940.75 | 940 |
| TITAN | 3409.1 | 3450 |
| TORNTPHARM | 3437.5 | 3350 |
| TORNTPOWER | 1392 | 1420 |
| TRENT | 5345.5 | 5600 |
| TVSMOTOR | 2882 | 2860 |
| ULTRACEMCO | 12478 | 12300 |
| UNIONBANK | 146.8 | 147.5 |
| UNITDSPR | 1369.3 | 1400 |
| UNOMINDA | 1105.5 | 1100 |
| UPL | 674.7 | 650 |
| VBL | 466.95 | 460 |
| VEDL | 450 | 450 |
| VOLTAS | 1396.4 | 1360 |
| WIPRO | 257.85 | 260 |
| YESBANK | 20.01 | 20 |
| ZYDUSLIFE | 974.5 | 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:
- 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.
