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MCX
Multi Commodity Exchange

5950.65 1.50 (0.03%)

Max pain for MCX

14 Nov 2024 04:11 PM IST

Max Pain for MCX is 6200  



Strike  4800  has a total call value of 0  versus a total put value of  104,450,000,000 Combined total value = 104,450,000,000

Strike  4900  has a total call value of 0  versus a total put value of  95,586,000,000 Combined total value = 95,586,000,000

Strike  5000  has a total call value of 0  versus a total put value of  86,722,000,000 Combined total value = 86,722,000,000

Strike  5100  has a total call value of 0  versus a total put value of  78,387,000,000 Combined total value = 78,387,000,000

Strike  5200  has a total call value of 0  versus a total put value of  70,052,000,000 Combined total value = 70,052,000,000

Strike  5300  has a total call value of 0  versus a total put value of  61,831,000,000 Combined total value = 61,831,000,000

Strike  5400  has a total call value of 0  versus a total put value of  53,618,000,000 Combined total value = 53,618,000,000

Strike  5500  has a total call value of 0  versus a total put value of  45,561,000,000 Combined total value = 45,561,000,000

Strike  5600  has a total call value of 160,000,000  versus a total put value of  38,786,000,000 Combined total value = 38,946,000,000

Strike  5700  has a total call value of 357,000,000  versus a total put value of  32,225,000,000 Combined total value = 32,582,000,000

Strike  5800  has a total call value of 583,000,000  versus a total put value of  25,915,000,000 Combined total value = 26,498,000,000

Strike  5900  has a total call value of 997,000,000  versus a total put value of  20,149,000,000 Combined total value = 21,146,000,000

Strike  6000  has a total call value of 1,588,000,000  versus a total put value of  14,723,000,000 Combined total value = 16,311,000,000

Strike  6100  has a total call value of 3,797,000,000  versus a total put value of  11,199,000,000 Combined total value = 14,996,000,000

Strike  6200  has a total call value of 6,670,000,000  versus a total put value of  7,969,000,000 Combined total value = 14,639,000,000

Strike  6300  has a total call value of 10,159,000,000  versus a total put value of  5,366,000,000 Combined total value = 15,525,000,000

Strike  6400  has a total call value of 14,623,000,000  versus a total put value of  3,288,000,000 Combined total value = 17,911,000,000

Strike  6500  has a total call value of 20,210,000,000  versus a total put value of  1,700,000,000 Combined total value = 21,910,000,000

Strike  6600  has a total call value of 28,296,000,000  versus a total put value of  873,000,000 Combined total value = 29,169,000,000

Strike  6700  has a total call value of 37,636,000,000  versus a total put value of  342,000,000 Combined total value = 37,978,000,000

Strike  6800  has a total call value of 47,890,000,000  versus a total put value of  71,000,000 Combined total value = 47,961,000,000

Strike  6900  has a total call value of 59,354,000,000  versus a total put value of  0 Combined total value = 59,354,000,000

Strike  7000  has a total call value of 71,504,000,000  versus a total put value of  0 Combined total value = 71,504,000,000

Strike  7100  has a total call value of 86,079,000,000  versus a total put value of  0 Combined total value = 86,079,000,000

Strike  7200  has a total call value of 100,837,000,000  versus a total put value of  0 Combined total value = 100,837,000,000

Strike  7300  has a total call value of 116,111,000,000  versus a total put value of  0 Combined total value = 116,111,000,000

Strike  7400  has a total call value of 131,695,000,000  versus a total put value of  0 Combined total value = 131,695,000,000

Strike  7500  has a total call value of 147,734,000,000  versus a total put value of  0 Combined total value = 147,734,000,000

Strike  7600  has a total call value of 164,768,000,000  versus a total put value of  0 Combined total value = 164,768,000,000

Strike  7700  has a total call value of 181,961,000,000  versus a total put value of  0 Combined total value = 181,961,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 438.25 470
ABB 6680.15 7000
ABBOTINDIA 27351.2 28500
ABCAPITAL 188.92 200
ABFRL 288.7 300
ACC 2188.15 2360
ADANIENT 2826.8 3000
ADANIPORTS 1264.55 1340
ALKEM 5524.95 5500
AMBUJACEM 544.5 570
APOLLOHOSP 6860.65 7100
APOLLOTYRE 475.3 470
ASHOKLEY 217.57 220
ASIANPAINT 2483.15 2560
ASTRAL 1731.15 1800
ATUL 7303.2 7500
AUBANK 573.9 590
AUROPHARMA 1249 1300
AXISBANK 1140.7 1160
BAJAJ-AUTO 9482.95 9800
BAJAJFINSV 1639.8 1700
BAJFINANCE 6549.15 6800
BALKRISIND 2738.7 2800
BANDHANBNK 167.26 180
BANKBARODA 241.5 252.5
BATAINDIA 1307.35 1340
BEL 280.95 290
BERGEPAINT 491.9 505
BHARATFORG 1328.75 1360
BHARTIARTL 1550.5 1580
BHEL 223.71 240
BIOCON 335.8 335
BOSCHLTD 33862.1 34000
BPCL 298.2 305
BRITANNIA 4915.6 5100
BSOFT 559.25 560
CANBK 97.49 102
CANFINHOME 822.95 850
CHAMBLFERT 469.85 490
CHOLAFIN 1205.7 1260
CIPLA 1499.75 1540
COALINDIA 409.75 430
COFORGE 8074 8000
COLPAL 2708.95 2850
CONCOR 785.65 830
COROMANDEL 1715.95 1700
CROMPTON 371.05 390
CUB 172.27 175
CUMMINSIND 3329.8 3450
DABUR 508.1 530
DALBHARAT 1713.8 1740
DEEPAKNTR 2638.5 2650
DIVISLAB 5750.1 5900
DIXON 14776.1 14750
DLF 762.7 790
DRREDDY 1226.7 1260
EICHERMOT 4883.7 4850
ESCORTS 3503.25 3600
EXIDEIND 418.1 440
FEDERALBNK 196.98 200
GAIL 188.89 200
GLENMARK 1533.7 1600
GMRINFRA 76.81 82
GNFC 554.2 580
GODREJCP 1175.1 1220
GODREJPROP 2595.3 2750
GRANULES 533.9 570
GRASIM 2523.95 2520
GUJGASLTD 486 520
HAL 4087.05 4300
HAVELLS 1618.85 1640
HCLTECH 1858.95 1820
HDFCAMC 4278.75 4400
HDFCBANK 1692.75 1720
HDFCLIFE 694 700
HEROMOTOCO 4604 4700
HINDALCO 627.35 650
HINDCOPPER 262.7 290
HINDPETRO 372.4 380
HINDUNILVR 2389.2 2480
ICICIBANK 1256.95 1260
ICICIGI 1863.4 1900
ICICIPRULI 693.9 720
IDEA 7.34 8
IDFCFIRSTB 63.41 66
IEX 161.51 172.5
IGL 405.8 430
INDHOTEL 741.35 720
INDIAMART 2284.15 2400
INDIGO 3891.2 4000
INDUSINDBK 1017.15 1080
INDUSTOWER 317.75 340
INFY 1864.55 1820
IOC 134.76 142.5
IPCALAB 1536.55 1540
IRCTC 799.6 840
ITC 465.95 480
JINDALSTEL 877.4 920
JKCEMENT 3999.3 4150
JSWSTEEL 939.05 970
JUBLFOOD 608.15 620
KOTAKBANK 1707.9 1760
LALPATHLAB 2956.4 3100
LAURUSLABS 486 490
LICHSGFIN 608.15 630
LT 3526.25 3600
LTF 137.51 142.5
LTIM 5994.65 5950
LTTS 5170 5200
LUPIN 2015.85 2100
M&M 2807.2 2850
M&MFIN 256.85 270
MANAPPURAM 155.63 155
MARICO 592.25 620
MARUTI 11006.05 11100
MCX 5950.65 6200
METROPOLIS 2032.2 2100
MFSL 1232.65 1240
MGL 1312.65 1400
MOTHERSON 165.36 175
MPHASIS 2839.3 2900
MRF 120551.75 121500
MUTHOOTFIN 1775.85 1800
NATIONALUM 219.87 222.5
NAUKRI 7768.2 7800
NAVINFLUOR 3309.9 3350
NESTLEIND 2182.8 2300
NMDC 218.8 230
NTPC 372.5 390
OBEROIRLTY 1980.3 2000
OFSS 11768.55 11500
ONGC 250.8 260
PAGEIND 45377.25 46500
PEL 1044.25 1040
PERSISTENT 5713.8 5600
PETRONET 313.85 328
PFC 454.7 460
PIDILITIND 3021.7 3100
PIIND 4265.25 4300
PNB 99.49 105
POLYCAB 6301.9 6500
POWERGRID 312.1 320
PVRINOX 1461.55 1500
RAMCOCEM 902.35 890
RBLBANK 154.73 160
RECLTD 502.35 520
RELIANCE 1267.6 1310
SAIL 111.84 120
SBICARD 683.35 695
SBILIFE 1562.3 1600
SBIN 804.25 820
SHREECEM 24091.7 24500
SHRIRAMFIN 2822.6 3000
SIEMENS 6736.85 6900
SRF 2235.2 2280
SUNPHARMA 1768.2 1800
SUNTV 730.75 740
SYNGENE 861.6 880
TATACHEM 1058.55 1100
TATACOMM 1749.9 1780
TATACONSUM 925 970
TATAMOTORS 774.3 810
TATAPOWER 404.65 425
TATASTEEL 137.98 145
TCS 4145.9 4150
TECHM 1687.5 1660
TITAN 3183.7 3200
TORNTPHARM 3102.4 3200
TRENT 6463 6700
TVSMOTOR 2396.15 2450
UBL 1883.55 1900
ULTRACEMCO 10728.5 11000
UNITDSPR 1442.35 1460
UPL 525.8 530
VEDL 433.4 460
VOLTAS 1708.6 1700
WIPRO 566.7 560
ZYDUSLIFE 957.4 980

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.