MARUTI
Maruti Suzuki India Ltd.
Max pain for MARUTI
11 Nov 2024 04:12 PM IST
Max Pain for MARUTI is 11300
Strike 9200 has a total call value of 0 versus a total put value of 196,274,000,000 Combined total value = 196,274,000,000
Strike 9300 has a total call value of 0 versus a total put value of 185,261,500,000 Combined total value = 185,261,500,000
Strike 9400 has a total call value of 0 versus a total put value of 174,249,000,000 Combined total value = 174,249,000,000
Strike 9500 has a total call value of 0 versus a total put value of 163,236,500,000 Combined total value = 163,236,500,000
Strike 9600 has a total call value of 0 versus a total put value of 152,507,000,000 Combined total value = 152,507,000,000
Strike 9700 has a total call value of 0 versus a total put value of 141,892,500,000 Combined total value = 141,892,500,000
Strike 9800 has a total call value of 0 versus a total put value of 131,278,000,000 Combined total value = 131,278,000,000
Strike 9900 has a total call value of 0 versus a total put value of 120,663,500,000 Combined total value = 120,663,500,000
Strike 10000 has a total call value of 0 versus a total put value of 110,049,000,000 Combined total value = 110,049,000,000
Strike 10100 has a total call value of 0 versus a total put value of 100,373,500,000 Combined total value = 100,373,500,000
Strike 10200 has a total call value of 0 versus a total put value of 90,698,000,000 Combined total value = 90,698,000,000
Strike 10300 has a total call value of 0 versus a total put value of 81,022,500,000 Combined total value = 81,022,500,000
Strike 10400 has a total call value of 0 versus a total put value of 71,821,000,000 Combined total value = 71,821,000,000
Strike 10500 has a total call value of 0 versus a total put value of 62,854,000,000 Combined total value = 62,854,000,000
Strike 10600 has a total call value of 29,000,000 versus a total put value of 54,868,000,000 Combined total value = 54,897,000,000
Strike 10700 has a total call value of 79,000,000 versus a total put value of 47,262,500,000 Combined total value = 47,341,500,000
Strike 10800 has a total call value of 180,500,000 versus a total put value of 40,116,000,000 Combined total value = 40,296,500,000
Strike 10900 has a total call value of 467,000,000 versus a total put value of 33,536,500,000 Combined total value = 34,003,500,000
Strike 11000 has a total call value of 895,000,000 versus a total put value of 27,563,500,000 Combined total value = 28,458,500,000
Strike 11100 has a total call value of 2,393,500,000 versus a total put value of 23,226,000,000 Combined total value = 25,619,500,000
Strike 11200 has a total call value of 4,180,000,000 versus a total put value of 19,424,500,000 Combined total value = 23,604,500,000
Strike 11300 has a total call value of 6,774,000,000 versus a total put value of 16,194,000,000 Combined total value = 22,968,000,000
Strike 11400 has a total call value of 10,028,500,000 versus a total put value of 13,534,000,000 Combined total value = 23,562,500,000
Strike 11500 has a total call value of 14,074,000,000 versus a total put value of 11,230,000,000 Combined total value = 25,304,000,000
Strike 11600 has a total call value of 21,190,500,000 versus a total put value of 9,495,500,000 Combined total value = 30,686,000,000
Strike 11700 has a total call value of 29,989,500,000 versus a total put value of 7,922,000,000 Combined total value = 37,911,500,000
Strike 11800 has a total call value of 40,044,000,000 versus a total put value of 6,464,000,000 Combined total value = 46,508,000,000
Strike 11900 has a total call value of 52,210,000,000 versus a total put value of 5,121,500,000 Combined total value = 57,331,500,000
Strike 12000 has a total call value of 65,012,000,000 versus a total put value of 3,823,500,000 Combined total value = 68,835,500,000
Strike 12100 has a total call value of 82,224,500,000 versus a total put value of 3,115,500,000 Combined total value = 85,340,000,000
Strike 12200 has a total call value of 100,173,000,000 versus a total put value of 2,471,500,000 Combined total value = 102,644,500,000
Strike 12300 has a total call value of 119,057,000,000 versus a total put value of 1,874,000,000 Combined total value = 120,931,000,000
Strike 12400 has a total call value of 138,566,500,000 versus a total put value of 1,334,500,000 Combined total value = 139,901,000,000
Strike 12500 has a total call value of 158,575,500,000 versus a total put value of 851,000,000 Combined total value = 159,426,500,000
Strike 12600 has a total call value of 181,116,500,000 versus a total put value of 682,000,000 Combined total value = 181,798,500,000
Strike 12700 has a total call value of 204,077,000,000 versus a total put value of 513,000,000 Combined total value = 204,590,000,000
Strike 12800 has a total call value of 227,481,500,000 versus a total put value of 344,000,000 Combined total value = 227,825,500,000
Strike 12900 has a total call value of 251,411,500,000 versus a total put value of 192,000,000 Combined total value = 251,603,500,000
Strike 13000 has a total call value of 275,566,500,000 versus a total put value of 40,000,000 Combined total value = 275,606,500,000
Strike 13100 has a total call value of 302,286,000,000 versus a total put value of 32,000,000 Combined total value = 302,318,000,000
Strike 13200 has a total call value of 329,005,500,000 versus a total put value of 24,000,000 Combined total value = 329,029,500,000
Strike 13300 has a total call value of 355,845,000,000 versus a total put value of 16,000,000 Combined total value = 355,861,000,000
Strike 13400 has a total call value of 382,749,500,000 versus a total put value of 8,000,000 Combined total value = 382,757,500,000
Strike 13500 has a total call value of 409,691,500,000 versus a total put value of 0 Combined total value = 409,691,500,000
Strike 13600 has a total call value of 437,416,500,000 versus a total put value of 0 Combined total value = 437,416,500,000
Strike 13700 has a total call value of 465,163,000,000 versus a total put value of 0 Combined total value = 465,163,000,000
Strike 13800 has a total call value of 492,909,500,000 versus a total put value of 0 Combined total value = 492,909,500,000
Strike 13900 has a total call value of 520,656,000,000 versus a total put value of 0 Combined total value = 520,656,000,000
Strike 14000 has a total call value of 548,402,500,000 versus a total put value of 0 Combined total value = 548,402,500,000
Max-Pain Table for Monthly Expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.75 | 460 |
ABB | 7237.8 | 7200 |
ABBOTINDIA | 28724.3 | 29000 |
ABCAPITAL | 199.3 | 205 |
ABFRL | 298.2 | 300 |
ACC | 2272.75 | 2400 |
ADANIENT | 2903.65 | 3000 |
ADANIPORTS | 1347.9 | 1380 |
ALKEM | 5623.85 | 5700 |
AMBUJACEM | 560.4 | 580 |
APOLLOHOSP | 7155.45 | 7300 |
APOLLOTYRE | 483.25 | 490 |
ASHOKLEY | 224.34 | 220 |
ASIANPAINT | 2543.1 | 2620 |
ASTRAL | 1713.55 | 1800 |
ATUL | 7494.85 | 7800 |
AUBANK | 576.05 | 600 |
AUROPHARMA | 1289.05 | 1340 |
AXISBANK | 1171 | 1170 |
BAJAJ-AUTO | 9919.35 | 10000 |
BAJAJFINSV | 1717.45 | 1740 |
BAJFINANCE | 6778.8 | 6900 |
BALKRISIND | 2782.55 | 2850 |
BANDHANBNK | 175.14 | 185 |
BANKBARODA | 258.35 | 257.5 |
BATAINDIA | 1330.9 | 1340 |
BEL | 299.75 | 295 |
BERGEPAINT | 490.8 | 510 |
BHARATFORG | 1397.5 | 1420 |
BHARTIARTL | 1560.55 | 1600 |
BHEL | 239.22 | 240 |
BIOCON | 348.7 | 340 |
BOSCHLTD | 34990.85 | 35500 |
BPCL | 312.55 | 315 |
BRITANNIA | 5434.65 | 5600 |
BSOFT | 569.65 | 570 |
CANBK | 103.89 | 105 |
CANFINHOME | 838.65 | 850 |
CHAMBLFERT | 479.8 | 500 |
CHOLAFIN | 1262.55 | 1280 |
CIPLA | 1552.8 | 1560 |
COALINDIA | 421.55 | 434.25 |
COFORGE | 8066.9 | 7900 |
COLPAL | 2872.65 | 2950 |
CONCOR | 829.9 | 840 |
COROMANDEL | 1737.25 | 1700 |
CROMPTON | 390.55 | 400 |
CUB | 174.3 | 175 |
CUMMINSIND | 3601.95 | 3600 |
DABUR | 522.75 | 540 |
DALBHARAT | 1755.35 | 1800 |
DEEPAKNTR | 2622 | 2700 |
DIVISLAB | 5899.95 | 5900 |
DIXON | 15387.75 | 15000 |
DLF | 777.5 | 800 |
DRREDDY | 1287.9 | 1290 |
EICHERMOT | 4793.45 | 4850 |
ESCORTS | 3620.9 | 3650 |
EXIDEIND | 436.6 | 450 |
FEDERALBNK | 207.73 | 205 |
GAIL | 202.93 | 210 |
GLENMARK | 1634.2 | 1680 |
GMRINFRA | 79.49 | 84 |
GNFC | 606.55 | 630 |
GODREJCP | 1220.85 | 1260 |
GODREJPROP | 2678.65 | 2800 |
GRANULES | 572.3 | 570 |
GRASIM | 2519.5 | 2580 |
GUJGASLTD | 517.65 | 530 |
HAL | 4443.7 | 4400 |
HAVELLS | 1641.75 | 1660 |
HCLTECH | 1867.3 | 1820 |
HDFCAMC | 4450.05 | 4400 |
HDFCBANK | 1766.3 | 1750 |
HDFCLIFE | 705.35 | 710 |
HEROMOTOCO | 4757.5 | 4900 |
HINDALCO | 655.35 | 660 |
HINDCOPPER | 273.4 | 290 |
HINDPETRO | 380.95 | 390 |
HINDUNILVR | 2491.05 | 2520 |
ICICIBANK | 1269.3 | 1270 |
ICICIGI | 1921.1 | 1900 |
ICICIPRULI | 704.3 | 720 |
IDEA | 7.83 | 8 |
IDFCFIRSTB | 66.56 | 67 |
IEX | 169.38 | 177.5 |
IGL | 440.95 | 430 |
INDHOTEL | 729.75 | 720 |
INDIAMART | 2369.2 | 2450 |
INDIGO | 4011.6 | 4050 |
INDUSINDBK | 1060.8 | 1080 |
INDUSTOWER | 325.05 | 350 |
INFY | 1860.1 | 1820 |
IOC | 139.43 | 145 |
IPCALAB | 1531.3 | 1560 |
IRCTC | 836.2 | 850 |
ITC | 476.95 | 485 |
JINDALSTEL | 906.85 | 940 |
JKCEMENT | 4066.4 | 4150 |
JSWSTEEL | 979 | 990 |
JUBLFOOD | 602 | 600 |
KOTAKBANK | 1744 | 1760 |
LALPATHLAB | 3009.75 | 3100 |
LAURUSLABS | 494.95 | 490 |
LICHSGFIN | 625.95 | 640 |
LT | 3628.85 | 3600 |
LTF | 140.16 | 147.5 |
LTIM | 5974.6 | 5900 |
LTTS | 5111.05 | 5100 |
LUPIN | 2084.9 | 2120 |
M&M | 2930.6 | 2900 |
M&MFIN | 269.6 | 275 |
MANAPPURAM | 156.11 | 152.5 |
MARICO | 617.1 | 640 |
MARUTI | 11399.7 | 11300 |
MCX | 6405.05 | 6400 |
METROPOLIS | 2154.8 | 2100 |
MFSL | 1208 | 1240 |
MGL | 1401.5 | 1440 |
MOTHERSON | 174.82 | 185 |
MPHASIS | 2861.5 | 2900 |
MRF | 123045.6 | 122000 |
MUTHOOTFIN | 1817.15 | 1860 |
NATIONALUM | 232.67 | 230 |
NAUKRI | 7951.5 | 7900 |
NAVINFLUOR | 3461.4 | 3500 |
NESTLEIND | 2279.05 | 2300 |
NMDC | 232.93 | 235 |
NTPC | 392.55 | 400 |
OBEROIRLTY | 2012.75 | 2000 |
OFSS | 11932.8 | 11500 |
ONGC | 256.9 | 265 |
PAGEIND | 47345.3 | 47000 |
PEL | 1037 | 1060 |
PERSISTENT | 5721.65 | 5500 |
PETRONET | 326.95 | 333 |
PFC | 481.85 | 470 |
PIDILITIND | 3099.65 | 3160 |
PIIND | 4599.7 | 4550 |
PNB | 105.14 | 105 |
POLYCAB | 6708.4 | 6700 |
POWERGRID | 329.8 | 320 |
PVRINOX | 1464 | 1500 |
RAMCOCEM | 870.45 | 870 |
RBLBANK | 161.88 | 170 |
RECLTD | 528.35 | 530 |
RELIANCE | 1272.7 | 1320 |
SAIL | 115.89 | 120 |
SBICARD | 692.55 | 700 |
SBILIFE | 1566 | 1600 |
SBIN | 847.65 | 840 |
SHREECEM | 24418.25 | 24750 |
SHRIRAMFIN | 2999.45 | 3100 |
SIEMENS | 7046.05 | 7000 |
SRF | 2294.2 | 2300 |
SUNPHARMA | 1794.6 | 1820 |
SUNTV | 744.7 | 750 |
SYNGENE | 888.75 | 900 |
TATACHEM | 1096.55 | 1120 |
TATACOMM | 1767.95 | 1800 |
TATACONSUM | 975.95 | 1000 |
TATAMOTORS | 804.7 | 840 |
TATAPOWER | 431.5 | 440 |
TATASTEEL | 145.01 | 150 |
TCS | 4198.7 | 4150 |
TECHM | 1704.15 | 1660 |
TITAN | 3206.6 | 3200 |
TORNTPHARM | 3151.65 | 3200 |
TRENT | 6480.7 | 6600 |
TVSMOTOR | 2460.5 | 2500 |
UBL | 1911.8 | 1940 |
ULTRACEMCO | 10970.45 | 11100 |
UNITDSPR | 1475.85 | 1480 |
UPL | 515.15 | 540 |
VEDL | 456.2 | 470 |
VOLTAS | 1754.1 | 1720 |
WIPRO | 573.5 | 560 |
ZYDUSLIFE | 967.75 | 1000 |
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.