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MCX
Multi Commodity Exchange

5796 -64.00 (-1.09%)

Max pain for MCX

24 Jan 2025 12:21 PM IST

Max Pain for MCX is 5800  



Strike  4600  has a total call value of 0  versus a total put value of  117,127,000,000 Combined total value = 117,127,000,000

Strike  4700  has a total call value of 0  versus a total put value of  104,319,000,000 Combined total value = 104,319,000,000

Strike  4800  has a total call value of 0  versus a total put value of  91,511,000,000 Combined total value = 91,511,000,000

Strike  4900  has a total call value of 0  versus a total put value of  78,826,000,000 Combined total value = 78,826,000,000

Strike  5000  has a total call value of 0  versus a total put value of  66,310,000,000 Combined total value = 66,310,000,000

Strike  5100  has a total call value of 118,000,000  versus a total put value of  54,748,000,000 Combined total value = 54,866,000,000

Strike  5200  has a total call value of 236,000,000  versus a total put value of  43,930,000,000 Combined total value = 44,166,000,000

Strike  5300  has a total call value of 354,000,000  versus a total put value of  34,222,000,000 Combined total value = 34,576,000,000

Strike  5400  has a total call value of 472,000,000  versus a total put value of  25,530,000,000 Combined total value = 26,002,000,000

Strike  5500  has a total call value of 871,000,000  versus a total put value of  17,971,000,000 Combined total value = 18,842,000,000

Strike  5600  has a total call value of 1,831,000,000  versus a total put value of  12,266,000,000 Combined total value = 14,097,000,000

Strike  5700  has a total call value of 3,410,000,000  versus a total put value of  7,643,000,000 Combined total value = 11,053,000,000

Strike  5800  has a total call value of 5,629,000,000  versus a total put value of  4,327,000,000 Combined total value = 9,956,000,000

Strike  5900  has a total call value of 9,040,000,000  versus a total put value of  2,093,000,000 Combined total value = 11,133,000,000

Strike  6000  has a total call value of 13,931,000,000  versus a total put value of  684,000,000 Combined total value = 14,615,000,000

Strike  6100  has a total call value of 21,257,000,000  versus a total put value of  230,000,000 Combined total value = 21,487,000,000

Strike  6200  has a total call value of 30,820,000,000  versus a total put value of  0 Combined total value = 30,820,000,000

Strike  6300  has a total call value of 42,158,000,000  versus a total put value of  0 Combined total value = 42,158,000,000

Strike  6400  has a total call value of 54,757,000,000  versus a total put value of  0 Combined total value = 54,757,000,000

Strike  6500  has a total call value of 68,907,000,000  versus a total put value of  0 Combined total value = 68,907,000,000

Strike  6600  has a total call value of 85,880,000,000  versus a total put value of  0 Combined total value = 85,880,000,000

Strike  6700  has a total call value of 103,577,000,000  versus a total put value of  0 Combined total value = 103,577,000,000

Strike  6800  has a total call value of 122,123,000,000  versus a total put value of  0 Combined total value = 122,123,000,000

Strike  6900  has a total call value of 141,110,000,000  versus a total put value of  0 Combined total value = 141,110,000,000

Strike  7000  has a total call value of 160,425,000,000  versus a total put value of  0 Combined total value = 160,425,000,000

Strike  7100  has a total call value of 180,889,000,000  versus a total put value of  0 Combined total value = 180,889,000,000

Strike  7200  has a total call value of 201,579,000,000  versus a total put value of  0 Combined total value = 201,579,000,000

Strike  7300  has a total call value of 222,542,000,000  versus a total put value of  0 Combined total value = 222,542,000,000

Strike  7400  has a total call value of 243,610,000,000  versus a total put value of  0 Combined total value = 243,610,000,000

Strike  7500  has a total call value of 264,682,000,000  versus a total put value of  0 Combined total value = 264,682,000,000

Strike  7600  has a total call value of 285,990,000,000  versus a total put value of  0 Combined total value = 285,990,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 443.4 435
ABB 6265.45 6400
ABBOTINDIA 27644.7 28000
ABCAPITAL 174.3 180
ABFRL 283 275
ACC 2057 2080
ADANIENSOL 793.05 800
ADANIENT 2382.2 2400
ADANIGREEN 1028.95 1020
ADANIPORTS 1110.7 1160
ALKEM 5093.05 5350
AMBUJACEM 558.25 550
ANGELONE 2360.95 2500
APLAPOLLO 1580 1560
APOLLOHOSP 6850.55 6900
APOLLOTYRE 431.25 450
ASHOKLEY 207.21 210
ASIANPAINT 2280.75 2300
ASTRAL 1479.8 1560
ATGL 651.6 660
ATUL 6735.95 6800
AUBANK 583.35 580
AUROPHARMA 1226.8 1240
AXISBANK 957.55 990
BAJAJ-AUTO 8473.3 8700
BAJAJFINSV 1742.15 1680
BAJFINANCE 7494.45 7300
BALKRISIND 2708.15 2780
BANDHANBNK 149.73 160
BANKBARODA 229.05 235
BANKINDIA 99.77 100
BATAINDIA 1299.2 1320
BEL 274.05 280
BERGEPAINT 482.15 465
BHARATFORG 1236.85 1240
BHARTIARTL 1657.7 1640
BHEL 204.69 215
BIOCON 394.35 380
BOSCHLTD 30600 31500
BPCL 270.6 270
BRITANNIA 5051.45 4850
BSE 5874.5 5700
BSOFT 555.3 550
CAMS 4163.95 4200
CANBK 98.55 100
CANFINHOME 690.85 670
CDSL 1515.1 1580
CESC 142.26 145.5
CGPOWER 627.9 650
CHAMBLFERT 504.7 500
CHOLAFIN 1235.45 1260
CIPLA 1438.45 1480
COALINDIA 386.2 385
COFORGE 9405.55 9100
COLPAL 2757.45 2750
CONCOR 771.25 780
COROMANDEL 1846.65 1860
CROMPTON 346.75 360
CUB 169.81 170
CUMMINSIND 2875.6 3000
CYIENT 1413.1 1500
DABUR 524.4 520
DALBHARAT 1810.1 1780
DEEPAKNTR 2330.45 2400
DELHIVERY 328.75 330
DIVISLAB 5792.05 5900
DIXON 15556.45 16000
DLF 710.7 740
DMART 3566.9 3650
DRREDDY 1230.35 1250
EICHERMOT 5208.15 5050
ESCORTS 3549.35 3400
EXIDEIND 375.85 400
FEDERALBNK 191.11 195
GAIL 177.26 185
GLENMARK 1472.05 1500
GMRAIRPORT 73.03 75
GMRINFRA 0 32
GNFC 563.95 560
GODREJCP 1129.2 1120
GODREJPROP 2214.55 2300
GRANULES 596.4 590
GRASIM 2510.8 2480
GUJGASLTD 504.55 500
HAL 3908.65 4050
HAVELLS 1564.45 1580
HCLTECH 1815.25 1820
HDFCAMC 3949.6 4000
HDFCBANK 1666.55 1670
HDFCLIFE 623.75 630
HEROMOTOCO 4096.65 4150
HFCL 100.87 102.5
HINDALCO 613.65 600
HINDCOPPER 248.58 250
HINDPETRO 362 370
HINDUNILVR 2358.35 2360
HUDCO 224.3 220
ICICIBANK 1213.4 1240
ICICIGI 1839.5 1880
ICICIPRULI 597.35 600
IDEA 9.62 9
IDFCFIRSTB 63.29 63
IEX 173.27 172.5
IGL 389.7 400
INDHOTEL 787.25 800
INDIAMART 2083.15 2140
INDIANB 509.9 520
INDIGO 4185.4 4200
INDUSINDBK 967.2 980
INDUSTOWER 370.65 355
INFY 1891.95 1880
IOC 130.03 135
IPCALAB 1553.75 1580
IRB 52.59 54
IRCTC 797.7 800
IRFC 140.85 137.5
ITC 443.5 445
JINDALSTEL 905.8 920
JIOFIN 248.45 265
JKCEMENT 4818.2 4700
JSL 642.35 630
JSWENERGY 554.95 580
JSWSTEEL 945.55 930
JUBLFOOD 681.05 700
KALYANKJIL 466.75 560
KEI 4412.4 4300
KOTAKBANK 1909.45 1860
KPITTECH 1358.5 1380
LALPATHLAB 2829.5 2900
LAURUSLABS 590 580
LICHSGFIN 580.25 580
LICI 831.5 850
LODHA 1099.55 1120
LT 3503.9 3600
LTF 141.75 140
LTIM 6032 5900
LTTS 5443.75 5250
LUPIN 2150.8 2180
M&M 2865.05 2900
M&MFIN 274.85 275
MANAPPURAM 198.61 187.5
MARICO 669.9 660
MARUTI 12045.5 11700
MAXHEALTH 1077.55 1080
MCX 5796 5800
METROPOLIS 1845.55 1900
MFSL 1065 1060
MGL 1297.75 1280
MOTHERSON 144.03 150
MPHASIS 3057.35 2950
MRF 112174.15 115000
MUTHOOTFIN 2197 2180
NATIONALUM 207.27 207.5
NAUKRI 7513.95 7700
NAVINFLUOR 3733.3 3700
NCC 239.35 250
NESTLEIND 2214.55 2200
NHPC 78.12 78
NMDC 67.68 68
NTPC 328 325
NYKAA 168.32 170
OBEROIRLTY 1799.1 1840
OFSS 10031.5 10250
OIL 431.7 450
ONGC 260.71 260
PAGEIND 47033.75 47000
PAYTM 825.95 860
PEL 1003.05 1080
PERSISTENT 6490 6300
PETRONET 325.25 335
PFC 414.7 440
PIDILITIND 2866 2900
PIIND 3534.1 3500
PNB 98.56 100
POLICYBZR 1704.45 1750
POLYCAB 6079.4 6300
POONAWALLA 326.7 320
POWERGRID 300.4 305
PRESTIGE 1299.75 1350
PVRINOX 1080.95 1120
RAMCOCEM 905.75 910
RBLBANK 157.14 160
RECLTD 454.7 490
RELIANCE 1259.1 1260
SAIL 110.05 110
SBICARD 758.9 750
SBILIFE 1450.75 1460
SBIN 753.55 770
SHREECEM 26111.45 26000
SHRIRAMFIN 534.85 540
SIEMENS 5965.15 6100
SJVN 97.62 97.5
SONACOMS 526.55 550
SRF 2571.95 2560
SUNPHARMA 1834.05 1800
SUNTV 649.3 660
SUPREMEIND 3907.6 4000
SYNGENE 800.5 820
TATACHEM 972.5 1000
TATACOMM 1657.65 1700
TATACONSUM 1000.35 970
TATAELXSI 6377.05 6300
TATAMOTORS 744.45 760
TATAPOWER 368.05 380
TATASTEEL 132.8 135
TCS 4165.35 4150
TECHM 1734.55 1700
TIINDIA 3296.25 3300
TITAN 3439.05 3400
TORNTPHARM 3248.5 3300
TRENT 5680.3 6000
TVSMOTOR 2272.5 2300
UBL 2075.8 2060
ULTRACEMCO 11340.15 11200
UNIONBANK 108.85 110
UNITDSPR 1492.2 1500
UPL 556.8 540
VBL 545.55 550
VEDL 451.6 460
VOLTAS 1475.4 1540
WIPRO 321.4 310
YESBANK 18.41 19
ZOMATO 218.75 230
ZYDUSLIFE 973.15 990

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.