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MCX
Multi Commodity Exchange

5772.6 -87.40 (-1.49%)

Max pain for MCX

24 Jan 2025 11:01 AM IST

Max Pain for MCX is 5800  



Strike  4600  has a total call value of 0  versus a total put value of  117,905,000,000 Combined total value = 117,905,000,000

Strike  4700  has a total call value of 0  versus a total put value of  104,892,000,000 Combined total value = 104,892,000,000

Strike  4800  has a total call value of 0  versus a total put value of  91,879,000,000 Combined total value = 91,879,000,000

Strike  4900  has a total call value of 0  versus a total put value of  78,989,000,000 Combined total value = 78,989,000,000

Strike  5000  has a total call value of 0  versus a total put value of  66,264,000,000 Combined total value = 66,264,000,000

Strike  5100  has a total call value of 118,000,000  versus a total put value of  54,519,000,000 Combined total value = 54,637,000,000

Strike  5200  has a total call value of 236,000,000  versus a total put value of  43,625,000,000 Combined total value = 43,861,000,000

Strike  5300  has a total call value of 354,000,000  versus a total put value of  33,868,000,000 Combined total value = 34,222,000,000

Strike  5400  has a total call value of 472,000,000  versus a total put value of  25,193,000,000 Combined total value = 25,665,000,000

Strike  5500  has a total call value of 869,000,000  versus a total put value of  17,747,000,000 Combined total value = 18,616,000,000

Strike  5600  has a total call value of 1,827,000,000  versus a total put value of  12,182,000,000 Combined total value = 14,009,000,000

Strike  5700  has a total call value of 3,405,000,000  versus a total put value of  7,734,000,000 Combined total value = 11,139,000,000

Strike  5800  has a total call value of 5,628,000,000  versus a total put value of  4,391,000,000 Combined total value = 10,019,000,000

Strike  5900  has a total call value of 9,019,000,000  versus a total put value of  2,115,000,000 Combined total value = 11,134,000,000

Strike  6000  has a total call value of 13,816,000,000  versus a total put value of  686,000,000 Combined total value = 14,502,000,000

Strike  6100  has a total call value of 20,906,000,000  versus a total put value of  230,000,000 Combined total value = 21,136,000,000

Strike  6200  has a total call value of 30,217,000,000  versus a total put value of  0 Combined total value = 30,217,000,000

Strike  6300  has a total call value of 41,257,000,000  versus a total put value of  0 Combined total value = 41,257,000,000

Strike  6400  has a total call value of 53,453,000,000  versus a total put value of  0 Combined total value = 53,453,000,000

Strike  6500  has a total call value of 67,183,000,000  versus a total put value of  0 Combined total value = 67,183,000,000

Strike  6600  has a total call value of 83,590,000,000  versus a total put value of  0 Combined total value = 83,590,000,000

Strike  6700  has a total call value of 100,693,000,000  versus a total put value of  0 Combined total value = 100,693,000,000

Strike  6800  has a total call value of 118,648,000,000  versus a total put value of  0 Combined total value = 118,648,000,000

Strike  6900  has a total call value of 137,044,000,000  versus a total put value of  0 Combined total value = 137,044,000,000

Strike  7000  has a total call value of 155,768,000,000  versus a total put value of  0 Combined total value = 155,768,000,000

Strike  7100  has a total call value of 175,643,000,000  versus a total put value of  0 Combined total value = 175,643,000,000

Strike  7200  has a total call value of 195,750,000,000  versus a total put value of  0 Combined total value = 195,750,000,000

Strike  7300  has a total call value of 216,122,000,000  versus a total put value of  0 Combined total value = 216,122,000,000

Strike  7400  has a total call value of 236,599,000,000  versus a total put value of  0 Combined total value = 236,599,000,000

Strike  7500  has a total call value of 257,080,000,000  versus a total put value of  0 Combined total value = 257,080,000,000

Strike  7600  has a total call value of 277,797,000,000  versus a total put value of  0 Combined total value = 277,797,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 442.25 435
ABB 6252 6400
ABBOTINDIA 27667.45 27250
ABCAPITAL 172.3 180
ABFRL 283 270
ACC 2048.75 2080
ADANIENSOL 793.05 800
ADANIENT 2364.55 2400
ADANIGREEN 1025.5 1020
ADANIPORTS 1105.3 1160
ALKEM 5096.4 5250
AMBUJACEM 556 550
ANGELONE 2366.25 2500
APLAPOLLO 1575.5 1580
APOLLOHOSP 6822.55 6900
APOLLOTYRE 431 450
ASHOKLEY 206.2 210
ASIANPAINT 2275.95 2300
ASTRAL 1467.25 1540
ATGL 651.15 660
ATUL 6759.65 6700
AUBANK 579.95 580
AUROPHARMA 1228.4 1220
AXISBANK 956.25 990
BAJAJ-AUTO 8447 8700
BAJAJFINSV 1740 1680
BAJFINANCE 7452.6 7300
BALKRISIND 2719.85 2740
BANDHANBNK 149.83 160
BANKBARODA 228.45 235
BANKINDIA 99.34 100
BATAINDIA 1293.95 1320
BEL 273.1 280
BERGEPAINT 482.65 465
BHARATFORG 1233.45 1240
BHARTIARTL 1643.15 1620
BHEL 204.35 215
BIOCON 392.05 380
BOSCHLTD 30686.25 31500
BPCL 271.4 275
BRITANNIA 5063.1 4850
BSE 5925 5700
BSOFT 551.8 550
CAMS 4159.4 4200
CANBK 97.78 100
CANFINHOME 688.75 700
CDSL 1520.95 1580
CESC 141.24 145.5
CGPOWER 622.6 650
CHAMBLFERT 505.05 500
CHOLAFIN 1232.7 1260
CIPLA 1440.9 1480
COALINDIA 385.9 385
COFORGE 9253.5 9000
COLPAL 2750.65 2750
CONCOR 769.9 770
COROMANDEL 1844.7 1840
CROMPTON 345.45 360
CUB 168.63 170
CUMMINSIND 2871.45 3000
CYIENT 1425.25 1500
DABUR 522.8 520
DALBHARAT 1813.95 1780
DEEPAKNTR 2331.15 2400
DELHIVERY 327.9 330
DIVISLAB 5821.8 5900
DIXON 15414.9 16000
DLF 709.65 740
DMART 3569 3650
DRREDDY 1231.7 1250
EICHERMOT 5170.55 5050
ESCORTS 3545.2 3500
EXIDEIND 377.25 390
FEDERALBNK 190.4 195
GAIL 176.65 185
GLENMARK 1474.15 1500
GMRAIRPORT 72.81 75
GMRINFRA 0 32
GNFC 558.95 560
GODREJCP 1135.8 1120
GODREJPROP 2230.35 2300
GRANULES 589.7 590
GRASIM 2482 2460
GUJGASLTD 501.85 500
HAL 3900.75 4050
HAVELLS 1573.05 1580
HCLTECH 1808.1 1820
HDFCAMC 3963.6 4000
HDFCBANK 1667.6 1670
HDFCLIFE 617.95 620
HEROMOTOCO 4079.9 4150
HFCL 100.55 100
HINDALCO 604.5 600
HINDCOPPER 244.65 250
HINDPETRO 364.6 370
HINDUNILVR 2353 2360
HUDCO 224.15 220
ICICIBANK 1210.75 1240
ICICIGI 1813.3 1880
ICICIPRULI 593.6 600
IDEA 9.53 9
IDFCFIRSTB 62.96 63
IEX 172.35 172.5
IGL 387.9 400
INDHOTEL 781.15 790
INDIAMART 2085.65 2140
INDIANB 507.2 520
INDIGO 4177.5 4200
INDUSINDBK 957.7 980
INDUSTOWER 371.2 355
INFY 1885.3 1880
IOC 129.9 135
IPCALAB 1556.45 1580
IRB 52.56 54
IRCTC 796.35 800
IRFC 140.45 137.5
ITC 441.8 445
JINDALSTEL 891.55 920
JIOFIN 248.2 270
JKCEMENT 4785.4 4650
JSL 627.5 630
JSWENERGY 554.3 570
JSWSTEEL 945.55 930
JUBLFOOD 678.6 700
KALYANKJIL 465.95 540
KEI 4385.7 4300
KOTAKBANK 1898.85 1860
KPITTECH 1348.6 1360
LALPATHLAB 2819.2 2900
LAURUSLABS 588.1 580
LICHSGFIN 578.05 580
LICI 831 840
LODHA 1100 1120
LT 3488.45 3600
LTF 140 140
LTIM 6013.8 5900
LTTS 5437.3 5250
LUPIN 2153.55 2180
M&M 2858 2900
M&MFIN 271.5 275
MANAPPURAM 196.84 190
MARICO 668.2 660
MARUTI 12014 11700
MAXHEALTH 1068.5 1060
MCX 5772.6 5800
METROPOLIS 1841 1900
MFSL 1055.9 1060
MGL 1293.85 1300
MOTHERSON 143.97 150
MPHASIS 2846.75 2850
MRF 112278.9 114500
MUTHOOTFIN 2189.6 2180
NATIONALUM 205.15 205
NAUKRI 7503.35 7600
NAVINFLUOR 3724.05 3700
NCC 239.45 245
NESTLEIND 2207.6 2200
NHPC 78.05 78
NMDC 66.93 68
NTPC 326.2 325
NYKAA 169.2 170
OBEROIRLTY 1799.05 1840
OFSS 10020.9 10250
OIL 432.8 460
ONGC 260.6 260
PAGEIND 46804.15 47000
PAYTM 826.2 860
PEL 997.05 1020
PERSISTENT 6432.25 6200
PETRONET 324.75 335
PFC 414.85 440
PIDILITIND 2875.6 2900
PIIND 3508.45 3500
PNB 98.41 99
POLICYBZR 1690.25 1750
POLYCAB 6186.7 6300
POONAWALLA 326.85 320
POWERGRID 300.15 305
PRESTIGE 1328.9 1350
PVRINOX 1075.55 1120
RAMCOCEM 904.5 910
RBLBANK 156.84 160
RECLTD 456.4 490
RELIANCE 1259 1260
SAIL 109.48 110
SBICARD 759.35 750
SBILIFE 1435.05 1460
SBIN 749.5 770
SHREECEM 26114.45 26000
SHRIRAMFIN 535.55 540
SIEMENS 5979.2 6000
SJVN 96.9 97.5
SONACOMS 529.45 550
SRF 2574.65 2560
SUNPHARMA 1829 1800
SUNTV 646.1 660
SUPREMEIND 3926.7 4000
SYNGENE 808.15 820
TATACHEM 968 980
TATACOMM 1650.25 1700
TATACONSUM 997.15 960
TATAELXSI 6361 6300
TATAMOTORS 743.05 760
TATAPOWER 369.2 380
TATASTEEL 131.66 135
TCS 4162 4150
TECHM 1720.95 1680
TIINDIA 3297.95 3300
TITAN 3407.45 3400
TORNTPHARM 3245 3300
TRENT 5683.4 6000
TVSMOTOR 2268.45 2300
UBL 2075.3 2040
ULTRACEMCO 11365 11200
UNIONBANK 108.56 110
UNITDSPR 1482.2 1500
UPL 556.25 540
VBL 541.45 550
VEDL 447.5 460
VOLTAS 1478.9 1540
WIPRO 321 310
YESBANK 18.35 19
ZOMATO 218.65 230
ZYDUSLIFE 972.95 980

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:
  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.