MCX
Multi Commodity Exchange
Max pain for MCX
16 Jun 2025 11:40 AM ISTNext Refresh in
Max Pain for MCX is 7500
Strike 5200 has a total call value of 0 versus a total put value of 362,845,000,000 Combined total value = 362,845,000,000
Strike 5300 has a total call value of 2,000,000 versus a total put value of 343,219,000,000 Combined total value = 343,221,000,000
Strike 5400 has a total call value of 7,000,000 versus a total put value of 323,593,000,000 Combined total value = 323,600,000,000
Strike 5500 has a total call value of 16,000,000 versus a total put value of 303,967,000,000 Combined total value = 303,983,000,000
Strike 5600 has a total call value of 25,000,000 versus a total put value of 284,841,000,000 Combined total value = 284,866,000,000
Strike 5700 has a total call value of 34,000,000 versus a total put value of 265,812,000,000 Combined total value = 265,846,000,000
Strike 5800 has a total call value of 46,000,000 versus a total put value of 246,783,000,000 Combined total value = 246,829,000,000
Strike 5900 has a total call value of 133,000,000 versus a total put value of 227,903,000,000 Combined total value = 228,036,000,000
Strike 6000 has a total call value of 220,000,000 versus a total put value of 209,023,000,000 Combined total value = 209,243,000,000
Strike 6100 has a total call value of 307,000,000 versus a total put value of 190,878,000,000 Combined total value = 191,185,000,000
Strike 6200 has a total call value of 394,000,000 versus a total put value of 172,986,000,000 Combined total value = 173,380,000,000
Strike 6300 has a total call value of 481,000,000 versus a total put value of 155,372,000,000 Combined total value = 155,853,000,000
Strike 6400 has a total call value of 568,000,000 versus a total put value of 138,058,000,000 Combined total value = 138,626,000,000
Strike 6500 has a total call value of 655,000,000 versus a total put value of 121,154,000,000 Combined total value = 121,809,000,000
Strike 6600 has a total call value of 742,000,000 versus a total put value of 105,785,000,000 Combined total value = 106,527,000,000
Strike 6700 has a total call value of 1,041,000,000 versus a total put value of 91,209,000,000 Combined total value = 92,250,000,000
Strike 6800 has a total call value of 1,340,000,000 versus a total put value of 77,459,000,000 Combined total value = 78,799,000,000
Strike 6900 has a total call value of 1,639,000,000 versus a total put value of 64,731,000,000 Combined total value = 66,370,000,000
Strike 7000 has a total call value of 2,270,000,000 versus a total put value of 53,059,000,000 Combined total value = 55,329,000,000
Strike 7100 has a total call value of 4,058,000,000 versus a total put value of 42,930,000,000 Combined total value = 46,988,000,000
Strike 7200 has a total call value of 6,102,000,000 versus a total put value of 33,309,000,000 Combined total value = 39,411,000,000
Strike 7300 has a total call value of 9,351,000,000 versus a total put value of 25,041,000,000 Combined total value = 34,392,000,000
Strike 7400 has a total call value of 12,923,000,000 versus a total put value of 17,896,000,000 Combined total value = 30,819,000,000
Strike 7500 has a total call value of 17,202,000,000 versus a total put value of 11,879,000,000 Combined total value = 29,081,000,000
Strike 7600 has a total call value of 22,134,000,000 versus a total put value of 7,395,000,000 Combined total value = 29,529,000,000
Strike 7700 has a total call value of 29,158,000,000 versus a total put value of 4,120,000,000 Combined total value = 33,278,000,000
Strike 7800 has a total call value of 37,822,000,000 versus a total put value of 1,815,000,000 Combined total value = 39,637,000,000
Strike 7900 has a total call value of 48,492,000,000 versus a total put value of 831,000,000 Combined total value = 49,323,000,000
Strike 8000 has a total call value of 61,061,000,000 versus a total put value of 295,000,000 Combined total value = 61,356,000,000
Strike 8100 has a total call value of 77,362,000,000 versus a total put value of 106,000,000 Combined total value = 77,468,000,000
Strike 8200 has a total call value of 95,067,000,000 versus a total put value of 0 Combined total value = 95,067,000,000
Strike 8300 has a total call value of 114,594,000,000 versus a total put value of 0 Combined total value = 114,594,000,000
Strike 8400 has a total call value of 135,413,000,000 versus a total put value of 0 Combined total value = 135,413,000,000
Strike 8500 has a total call value of 156,938,000,000 versus a total put value of 0 Combined total value = 156,938,000,000
Strike 8600 has a total call value of 180,697,000,000 versus a total put value of 0 Combined total value = 180,697,000,000
Strike 8700 has a total call value of 204,943,000,000 versus a total put value of 0 Combined total value = 204,943,000,000
Strike 8800 has a total call value of 229,753,000,000 versus a total put value of 0 Combined total value = 229,753,000,000
Strike 8900 has a total call value of 255,261,000,000 versus a total put value of 0 Combined total value = 255,261,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 453.85 | 470 |
| ABB | 6034 | 6000 |
| ABCAPITAL | 244.12 | 235 |
| ABFRL | 74.12 | 80 |
| ACC | 1847.9 | 1900 |
| ADANIENSOL | 861.1 | 880 |
| ADANIENT | 2537.7 | 2600 |
| ADANIGREEN | 992.7 | 1020 |
| ADANIPORTS | 1402.3 | 1420 |
| ALKEM | 4844.5 | 4900 |
| AMBUJACEM | 541.75 | 560 |
| ANGELONE | 2891.9 | 3000 |
| APLAPOLLO | 1831.7 | 1840 |
| APOLLOHOSP | 7080 | 7000 |
| ASHOKLEY | 234.68 | 240 |
| ASIANPAINT | 2225.3 | 2240 |
| ASTRAL | 1525.3 | 1500 |
| ATGL | 656.95 | 680 |
| AUBANK | 769.9 | 760 |
| AUROPHARMA | 1141.7 | 1160 |
| AXISBANK | 1212.4 | 1200 |
| BAJAJ-AUTO | 8552.5 | 8600 |
| BAJAJFINSV | 2022.5 | 2000 |
| BAJFINANCE | 940.5 | 940 |
| BALKRISIND | 2452 | 2460 |
| BANDHANBNK | 174.87 | 175 |
| BANKBARODA | 238.51 | 241.65 |
| BANKINDIA | 120.55 | 120 |
| BDL | 1861 | 1900 |
| BEL | 399.05 | 390 |
| BHARATFORG | 1315 | 1300 |
| BHARTIARTL | 1862.4 | 1860 |
| BHEL | 253.3 | 255 |
| BIOCON | 353.75 | 350 |
| BLUESTARCO | 1651 | 1600 |
| BOSCHLTD | 32010 | 32000 |
| BPCL | 311 | 315 |
| BRITANNIA | 5556 | 5550 |
| BSE | 2695.7 | 2700 |
| BSOFT | 413.8 | 415 |
| CAMS | 3972.6 | 4100 |
| CANBK | 111.2 | 111 |
| CDSL | 1659.3 | 1700 |
| CESC | 166.17 | 167.5 |
| CGPOWER | 680.55 | 690 |
| CHAMBLFERT | 547.1 | 560 |
| CHOLAFIN | 1561.9 | 1580 |
| CIPLA | 1530.3 | 1520 |
| COALINDIA | 391.75 | 400 |
| COFORGE | 1826 | 1760 |
| COLPAL | 2368 | 2460 |
| CONCOR | 763.3 | 780 |
| CROMPTON | 346.3 | 350 |
| CUMMINSIND | 3337.6 | 3300 |
| CYIENT | 1310.6 | 1340 |
| DABUR | 470.7 | 475 |
| DALBHARAT | 2112.1 | 2100 |
| DELHIVERY | 360.75 | 365 |
| DIVISLAB | 6657 | 6700 |
| DIXON | 14287 | 14750 |
| DLF | 859.6 | 840 |
| DMART | 4011.5 | 4100 |
| DRREDDY | 1349.7 | 1310 |
| EICHERMOT | 5352 | 5350 |
| ETERNAL | 250.35 | 250 |
| EXIDEIND | 385.75 | 390 |
| FEDERALBNK | 204.49 | 207.5 |
| FORTIS | 754.4 | 740 |
| GAIL | 190.43 | 195 |
| GLENMARK | 1677.2 | 1600 |
| GMRAIRPORT | 81.95 | 85 |
| GODREJCP | 1186.9 | 1220 |
| GODREJPROP | 2422.8 | 2350 |
| GRANULES | 509.35 | 530 |
| GRASIM | 2673.2 | 2640 |
| HAL | 5047.8 | 5000 |
| HAVELLS | 1548 | 1560 |
| HCLTECH | 1717.9 | 1680 |
| HDFCAMC | 4988 | 5000 |
| HDFCBANK | 1932.9 | 1940 |
| HDFCLIFE | 767.3 | 760 |
| HEROMOTOCO | 4393 | 4300 |
| HFCL | 85.15 | 89 |
| HINDALCO | 646.45 | 650 |
| HINDCOPPER | 256 | 250 |
| HINDPETRO | 388.55 | 400 |
| HINDUNILVR | 2327.5 | 2360 |
| HINDZINC | 510.7 | 500 |
| HUDCO | 225.52 | 240 |
| ICICIBANK | 1422.9 | 1440 |
| ICICIGI | 1930.2 | 1920 |
| ICICIPRULI | 633.75 | 640 |
| IDEA | 6.62 | 7 |
| IDFCFIRSTB | 70.16 | 70 |
| IEX | 187.1 | 197.5 |
| IGL | 205.83 | 205 |
| IIFL | 476.8 | 470 |
| INDHOTEL | 746.6 | 760 |
| INDIANB | 630.5 | 613.75 |
| INDIGO | 5320 | 5400 |
| INDUSINDBK | 819.4 | 820 |
| INDUSTOWER | 386.85 | 390 |
| INFY | 1619.8 | 1580 |
| INOXWIND | 171.78 | 180 |
| IOC | 140.08 | 143 |
| IRB | 49.41 | 51 |
| IRCTC | 763.3 | 780 |
| IREDA | 168.49 | 172.5 |
| IRFC | 138.25 | 140 |
| ITC | 417.3 | 420 |
| JINDALSTEL | 924.25 | 950 |
| JIOFIN | 294.55 | 295 |
| JSL | 706.55 | 700 |
| JSWENERGY | 510.35 | 510 |
| JSWSTEEL | 997.35 | 1000 |
| JUBLFOOD | 687.75 | 680 |
| KALYANKJIL | 519.8 | 530 |
| KAYNES | 5406 | 5500 |
| KEI | 3657.2 | 3600 |
| KOTAKBANK | 2130 | 2100 |
| KPITTECH | 1387.4 | 1360 |
| LAURUSLABS | 673.95 | 650 |
| LICHSGFIN | 598.7 | 600 |
| LICI | 941 | 950 |
| LODHA | 1459.6 | 1460 |
| LT | 3637.3 | 3620 |
| LTF | 189.54 | 185 |
| LTIM | 5454.5 | 5300 |
| LUPIN | 2006.1 | 2000 |
| M&M | 3030.9 | 3050 |
| M&MFIN | 272 | 270 |
| MANAPPURAM | 284.7 | 240 |
| MANKIND | 2354 | 2350 |
| MARICO | 685.05 | 700 |
| MARUTI | 12546 | 12400 |
| MAXHEALTH | 1236 | 1200 |
| MAZDOCK | 3146.2 | 3200 |
| MCX | 7717.5 | 7500 |
| MFSL | 1561.1 | 1520 |
| MGL | 1380.8 | 1360 |
| MOTHERSON | 154.17 | 155 |
| MPHASIS | 2670 | 2620 |
| MUTHOOTFIN | 2629.5 | 2500 |
| NATIONALUM | 186.25 | 190 |
| NAUKRI | 1487.4 | 1500 |
| NBCC | 120.35 | 120 |
| NCC | 226.84 | 232.5 |
| NESTLEIND | 2385.3 | 2400 |
| NHPC | 86.49 | 88 |
| NMDC | 69.74 | 72 |
| NTPC | 334 | 340 |
| NYKAA | 194.71 | 197.5 |
| OBEROIRLTY | 1921 | 1860 |
| OFSS | 9638 | 9200 |
| OIL | 485.5 | 460 |
| ONGC | 256.09 | 250 |
| PAGEIND | 45820 | 46500 |
| PATANJALI | 1679.9 | 1700 |
| PAYTM | 880.4 | 900 |
| PEL | 1131.8 | 1140 |
| PERSISTENT | 5978.5 | 5800 |
| PETRONET | 297.4 | 310 |
| PFC | 404.9 | 420 |
| PHOENIXLTD | 1604.3 | 1600 |
| PIDILITIND | 3008.1 | 3020 |
| PIIND | 4137 | 4000 |
| PNB | 106.36 | 108 |
| PNBHOUSING | 1066.4 | 1080 |
| POLICYBZR | 1867.4 | 1860 |
| POLYCAB | 6095.5 | 6000 |
| POONAWALLA | 418.5 | 415 |
| POWERGRID | 288.7 | 295 |
| PPLPHARMA | 199.99 | 205 |
| PRESTIGE | 1684.9 | 1600 |
| RBLBANK | 218.3 | 217.5 |
| RECLTD | 400 | 410 |
| RELIANCE | 1437.2 | 1440 |
| RVNL | 407 | 420 |
| SAIL | 128.59 | 130 |
| SBICARD | 1005.45 | 980 |
| SBILIFE | 1792.4 | 1780 |
| SBIN | 789.9 | 810 |
| SHREECEM | 29670 | 29750 |
| SHRIRAMFIN | 675.85 | 670 |
| SIEMENS | 3301.7 | 3300 |
| SJVN | 97.96 | 100 |
| SOLARINDS | 16895 | 16500 |
| SONACOMS | 502.45 | 510 |
| SRF | 3101.2 | 3050 |
| SUNPHARMA | 1678.2 | 1680 |
| SUPREMEIND | 4344.9 | 4300 |
| SYNGENE | 655.9 | 650 |
| TATACHEM | 924.85 | 920 |
| TATACOMM | 1702 | 1700 |
| TATACONSUM | 1077 | 1090 |
| TATAELXSI | 6366.5 | 6400 |
| TATAMOTORS | 685 | 700 |
| TATAPOWER | 398 | 400 |
| TATASTEEL | 153.6 | 155 |
| TATATECH | 740 | 760 |
| TCS | 3497.3 | 3460 |
| TECHM | 1684.7 | 1620 |
| TIINDIA | 3012.9 | 3000 |
| TITAGARH | 898.3 | 920 |
| TITAN | 3425.9 | 3500 |
| TORNTPHARM | 3249.5 | 3200 |
| TORNTPOWER | 1415.5 | 1400 |
| TRENT | 5682 | 5700 |
| TVSMOTOR | 2790 | 2760 |
| ULTRACEMCO | 11358 | 11300 |
| UNIONBANK | 146.5 | 150 |
| UNITDSPR | 1464.3 | 1500 |
| UNOMINDA | 1053.9 | 1060 |
| UPL | 640.4 | 640 |
| USDINR | 86.2 | 86 |
| VBL | 466.45 | 480 |
| VEDL | 462.5 | 450 |
| VOLTAS | 1287.1 | 1280 |
| WIPRO | 261.47 | 255 |
| YESBANK | 20.21 | 21 |
| ZOMATO | 0 | 200 |
| ZYDUSLIFE | 971.15 | 970 |
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.
