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MCX
Multi Commodity Exchange

5787 -73.00 (-1.25%)

Max pain for MCX

24 Jan 2025 12:01 PM IST

Max Pain for MCX is 5800  



Strike  4600  has a total call value of 0  versus a total put value of  117,342,000,000 Combined total value = 117,342,000,000

Strike  4700  has a total call value of 0  versus a total put value of  104,482,000,000 Combined total value = 104,482,000,000

Strike  4800  has a total call value of 0  versus a total put value of  91,622,000,000 Combined total value = 91,622,000,000

Strike  4900  has a total call value of 0  versus a total put value of  78,885,000,000 Combined total value = 78,885,000,000

Strike  5000  has a total call value of 0  versus a total put value of  66,314,000,000 Combined total value = 66,314,000,000

Strike  5100  has a total call value of 118,000,000  versus a total put value of  54,703,000,000 Combined total value = 54,821,000,000

Strike  5200  has a total call value of 236,000,000  versus a total put value of  43,863,000,000 Combined total value = 44,099,000,000

Strike  5300  has a total call value of 354,000,000  versus a total put value of  34,148,000,000 Combined total value = 34,502,000,000

Strike  5400  has a total call value of 472,000,000  versus a total put value of  25,448,000,000 Combined total value = 25,920,000,000

Strike  5500  has a total call value of 868,000,000  versus a total put value of  17,900,000,000 Combined total value = 18,768,000,000

Strike  5600  has a total call value of 1,825,000,000  versus a total put value of  12,209,000,000 Combined total value = 14,034,000,000

Strike  5700  has a total call value of 3,400,000,000  versus a total put value of  7,639,000,000 Combined total value = 11,039,000,000

Strike  5800  has a total call value of 5,622,000,000  versus a total put value of  4,342,000,000 Combined total value = 9,964,000,000

Strike  5900  has a total call value of 9,065,000,000  versus a total put value of  2,100,000,000 Combined total value = 11,165,000,000

Strike  6000  has a total call value of 13,936,000,000  versus a total put value of  684,000,000 Combined total value = 14,620,000,000

Strike  6100  has a total call value of 21,243,000,000  versus a total put value of  230,000,000 Combined total value = 21,473,000,000

Strike  6200  has a total call value of 30,808,000,000  versus a total put value of  0 Combined total value = 30,808,000,000

Strike  6300  has a total call value of 42,139,000,000  versus a total put value of  0 Combined total value = 42,139,000,000

Strike  6400  has a total call value of 54,705,000,000  versus a total put value of  0 Combined total value = 54,705,000,000

Strike  6500  has a total call value of 68,903,000,000  versus a total put value of  0 Combined total value = 68,903,000,000

Strike  6600  has a total call value of 85,843,000,000  versus a total put value of  0 Combined total value = 85,843,000,000

Strike  6700  has a total call value of 103,504,000,000  versus a total put value of  0 Combined total value = 103,504,000,000

Strike  6800  has a total call value of 122,017,000,000  versus a total put value of  0 Combined total value = 122,017,000,000

Strike  6900  has a total call value of 140,971,000,000  versus a total put value of  0 Combined total value = 140,971,000,000

Strike  7000  has a total call value of 160,253,000,000  versus a total put value of  0 Combined total value = 160,253,000,000

Strike  7100  has a total call value of 180,685,000,000  versus a total put value of  0 Combined total value = 180,685,000,000

Strike  7200  has a total call value of 201,343,000,000  versus a total put value of  0 Combined total value = 201,343,000,000

Strike  7300  has a total call value of 222,274,000,000  versus a total put value of  0 Combined total value = 222,274,000,000

Strike  7400  has a total call value of 243,310,000,000  versus a total put value of  0 Combined total value = 243,310,000,000

Strike  7500  has a total call value of 264,350,000,000  versus a total put value of  0 Combined total value = 264,350,000,000

Strike  7600  has a total call value of 285,626,000,000  versus a total put value of  0 Combined total value = 285,626,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 443.05 435
ABB 6254.05 6400
ABBOTINDIA 27634.85 28000
ABCAPITAL 173.55 180
ABFRL 283.15 275
ACC 2052.2 2080
ADANIENSOL 793.35 800
ADANIENT 2386.1 2400
ADANIGREEN 1028.5 1020
ADANIPORTS 1108.15 1160
ALKEM 5098.75 5350
AMBUJACEM 555.55 550
ANGELONE 2354.85 2500
APLAPOLLO 1582.95 1560
APOLLOHOSP 6840 6900
APOLLOTYRE 432.4 450
ASHOKLEY 207.13 210
ASIANPAINT 2281.85 2300
ASTRAL 1478.7 1540
ATGL 651.15 660
ATUL 6718 6800
AUBANK 581.3 580
AUROPHARMA 1230.8 1240
AXISBANK 957.65 990
BAJAJ-AUTO 8471 8700
BAJAJFINSV 1744.55 1680
BAJFINANCE 7490.65 7300
BALKRISIND 2702.25 2780
BANDHANBNK 149.76 160
BANKBARODA 228.34 235
BANKINDIA 99.43 100
BATAINDIA 1295.85 1320
BEL 274.4 280
BERGEPAINT 481.85 465
BHARATFORG 1238 1240
BHARTIARTL 1658.85 1640
BHEL 205.2 215
BIOCON 393.05 380
BOSCHLTD 30634.4 31500
BPCL 270.35 270
BRITANNIA 5059 4850
BSE 5884.95 5700
BSOFT 553.55 550
CAMS 4160.95 4200
CANBK 98 100
CANFINHOME 690 670
CDSL 1515.4 1580
CESC 142.34 145.5
CGPOWER 628.25 650
CHAMBLFERT 504.75 500
CHOLAFIN 1236.75 1260
CIPLA 1438.4 1480
COALINDIA 386.7 385
COFORGE 9377.2 9000
COLPAL 2752.9 2750
CONCOR 771.65 780
COROMANDEL 1849.25 1860
CROMPTON 345.6 360
CUB 169.53 170
CUMMINSIND 2878.8 3000
CYIENT 1414.1 1500
DABUR 525.45 520
DALBHARAT 1811.6 1780
DEEPAKNTR 2330.1 2400
DELHIVERY 328.1 330
DIVISLAB 5799.95 5900
DIXON 15548.15 16000
DLF 708.6 740
DMART 3567.95 3650
DRREDDY 1230.95 1250
EICHERMOT 5204 5050
ESCORTS 3549.55 3400
EXIDEIND 376.15 400
FEDERALBNK 190.4 195
GAIL 177.21 185
GLENMARK 1473.2 1500
GMRAIRPORT 72.95 76
GMRINFRA 0 32
GNFC 563.5 560
GODREJCP 1132.55 1120
GODREJPROP 2220.5 2300
GRANULES 598.5 590
GRASIM 2499.75 2480
GUJGASLTD 504.15 500
HAL 3907.75 4050
HAVELLS 1565.4 1580
HCLTECH 1813.95 1820
HDFCAMC 3949.85 4000
HDFCBANK 1665.95 1670
HDFCLIFE 623.45 630
HEROMOTOCO 4101 4150
HFCL 100.76 100
HINDALCO 614.3 600
HINDCOPPER 248 250
HINDPETRO 361.2 370
HINDUNILVR 2362.2 2360
HUDCO 224 220
ICICIBANK 1213.65 1240
ICICIGI 1836.25 1900
ICICIPRULI 598.25 600
IDEA 9.6 9
IDFCFIRSTB 63.24 63
IEX 172.75 172.5
IGL 389.25 400
INDHOTEL 787 800
INDIAMART 2084.3 2140
INDIANB 508.95 520
INDIGO 4200 4200
INDUSINDBK 965.85 980
INDUSTOWER 371.05 355
INFY 1890.5 1880
IOC 129.95 135
IPCALAB 1553.6 1580
IRB 52.57 54
IRCTC 797 800
IRFC 140.48 137.5
ITC 443.4 445
JINDALSTEL 905.5 920
JIOFIN 249.4 265
JKCEMENT 4829.85 4700
JSL 642.7 630
JSWENERGY 555.8 570
JSWSTEEL 947.5 930
JUBLFOOD 680.9 700
KALYANKJIL 469.7 560
KEI 4412.35 4300
KOTAKBANK 1904.1 1860
KPITTECH 1358.5 1380
LALPATHLAB 2831.9 2900
LAURUSLABS 588.55 580
LICHSGFIN 579.9 580
LICI 830.45 850
LODHA 1100.15 1120
LT 3502.25 3600
LTF 140.82 140
LTIM 6028.65 5900
LTTS 5435.35 5250
LUPIN 2150.75 2180
M&M 2869.3 2900
M&MFIN 273.25 275
MANAPPURAM 197.9 190
MARICO 670.2 660
MARUTI 12040 11700
MAXHEALTH 1077.35 1080
MCX 5787 5800
METROPOLIS 1845.4 1900
MFSL 1064.85 1060
MGL 1302.4 1280
MOTHERSON 143.94 150
MPHASIS 3019.5 2900
MRF 112042.65 115000
MUTHOOTFIN 2194.6 2180
NATIONALUM 207.02 207.5
NAUKRI 7507.5 7700
NAVINFLUOR 3727.05 3700
NCC 239.3 250
NESTLEIND 2210.8 2200
NHPC 78.07 78
NMDC 67.33 68
NTPC 328.5 325
NYKAA 168.9 170
OBEROIRLTY 1799.9 1840
OFSS 9996.6 10250
OIL 433.55 450
ONGC 261.16 260
PAGEIND 46948.1 47000
PAYTM 834 860
PEL 1002.45 1080
PERSISTENT 6472.05 6200
PETRONET 325 335
PFC 414.95 440
PIDILITIND 2874 2900
PIIND 3524.7 3500
PNB 98.23 100
POLICYBZR 1704 1750
POLYCAB 6136.55 6300
POONAWALLA 325.35 320
POWERGRID 301.2 305
PRESTIGE 1303.25 1350
PVRINOX 1080.8 1120
RAMCOCEM 905.15 910
RBLBANK 157.33 160
RECLTD 454.7 490
RELIANCE 1257.25 1260
SAIL 110.26 110
SBICARD 755.4 750
SBILIFE 1449.7 1460
SBIN 750.4 770
SHREECEM 26216.45 26000
SHRIRAMFIN 537 540
SIEMENS 5961 6100
SJVN 97.54 97.5
SONACOMS 526.5 550
SRF 2570.75 2560
SUNPHARMA 1835.05 1800
SUNTV 649.85 660
SUPREMEIND 3919 4000
SYNGENE 805.55 820
TATACHEM 972 1000
TATACOMM 1661.65 1700
TATACONSUM 1000.35 970
TATAELXSI 6368.75 6300
TATAMOTORS 744.8 760
TATAPOWER 368.5 380
TATASTEEL 132.9 135
TCS 4161.7 4150
TECHM 1730.6 1700
TIINDIA 3303.25 3300
TITAN 3435.9 3400
TORNTPHARM 3245 3250
TRENT 5677.8 6000
TVSMOTOR 2274.9 2300
UBL 2077.55 2060
ULTRACEMCO 11365 11200
UNIONBANK 108.52 110
UNITDSPR 1493.9 1500
UPL 556.65 540
VBL 543.75 550
VEDL 451.85 460
VOLTAS 1479.15 1540
WIPRO 321.25 310
YESBANK 18.36 19
ZOMATO 218.6 230
ZYDUSLIFE 972.35 990

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.