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[--[65.84.65.76]--]
MGL
Mahanagar Gas Ltd.

1285.85 -27.05 (-2.06%)

Max pain for MGL

24 Jan 2025 01:22 PM IST

Max Pain for MGL is 1280  



Strike  1100  has a total call value of 0  versus a total put value of  18,494,400,000 Combined total value = 18,494,400,000

Strike  1120  has a total call value of 0  versus a total put value of  16,175,200,000 Combined total value = 16,175,200,000

Strike  1140  has a total call value of 0  versus a total put value of  13,856,000,000 Combined total value = 13,856,000,000

Strike  1160  has a total call value of 0  versus a total put value of  11,536,800,000 Combined total value = 11,536,800,000

Strike  1180  has a total call value of 0  versus a total put value of  9,364,000,000 Combined total value = 9,364,000,000

Strike  1200  has a total call value of 0  versus a total put value of  7,191,200,000 Combined total value = 7,191,200,000

Strike  1220  has a total call value of 0  versus a total put value of  5,374,400,000 Combined total value = 5,374,400,000

Strike  1240  has a total call value of 0  versus a total put value of  3,557,600,000 Combined total value = 3,557,600,000

Strike  1260  has a total call value of 0  versus a total put value of  2,093,600,000 Combined total value = 2,093,600,000

Strike  1280  has a total call value of 457,600,000  versus a total put value of  1,044,000,000 Combined total value = 1,501,600,000

Strike  1300  has a total call value of 1,416,800,000  versus a total put value of  333,600,000 Combined total value = 1,750,400,000

Strike  1320  has a total call value of 3,086,400,000  versus a total put value of  160,000,000 Combined total value = 3,246,400,000

Strike  1340  has a total call value of 5,154,400,000  versus a total put value of  148,800,000 Combined total value = 5,303,200,000

Strike  1360  has a total call value of 7,446,400,000  versus a total put value of  137,600,000 Combined total value = 7,584,000,000

Strike  1380  has a total call value of 9,955,200,000  versus a total put value of  126,400,000 Combined total value = 10,081,600,000

Strike  1400  has a total call value of 12,682,400,000  versus a total put value of  115,200,000 Combined total value = 12,797,600,000

Strike  1420  has a total call value of 15,975,200,000  versus a total put value of  104,000,000 Combined total value = 16,079,200,000

Strike  1440  has a total call value of 19,348,800,000  versus a total put value of  92,800,000 Combined total value = 19,441,600,000

Strike  1460  has a total call value of 22,870,400,000  versus a total put value of  81,600,000 Combined total value = 22,952,000,000

Strike  1480  has a total call value of 26,392,000,000  versus a total put value of  70,400,000 Combined total value = 26,462,400,000

Strike  1500  has a total call value of 29,913,600,000  versus a total put value of  59,200,000 Combined total value = 29,972,800,000

Strike  1520  has a total call value of 33,628,000,000  versus a total put value of  48,000,000 Combined total value = 33,676,000,000

Strike  1540  has a total call value of 37,632,000,000  versus a total put value of  36,800,000 Combined total value = 37,668,800,000

Strike  1560  has a total call value of 41,636,000,000  versus a total put value of  25,600,000 Combined total value = 41,661,600,000

Strike  1580  has a total call value of 45,640,000,000  versus a total put value of  14,400,000 Combined total value = 45,654,400,000

Strike  1600  has a total call value of 49,644,000,000  versus a total put value of  3,200,000 Combined total value = 49,647,200,000

Strike  1620  has a total call value of 53,648,000,000  versus a total put value of  2,400,000 Combined total value = 53,650,400,000

Strike  1640  has a total call value of 57,652,000,000  versus a total put value of  1,600,000 Combined total value = 57,653,600,000

Strike  1660  has a total call value of 61,656,000,000  versus a total put value of  800,000 Combined total value = 61,656,800,000

Strike  1680  has a total call value of 65,660,000,000  versus a total put value of  0 Combined total value = 65,660,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 440.65 435
ABB 6237.5 6400
ABBOTINDIA 27498 28500
ABCAPITAL 172.52 180
ABFRL 278.25 275
ACC 2051 2080
ADANIENSOL 790.85 800
ADANIENT 2345.5 2400
ADANIGREEN 1015.9 1020
ADANIPORTS 1102.15 1160
ALKEM 5065.5 5350
AMBUJACEM 553.5 550
ANGELONE 2359.85 2500
APLAPOLLO 1570.75 1560
APOLLOHOSP 6787.6 6900
APOLLOTYRE 429.8 450
ASHOKLEY 206.25 210
ASIANPAINT 2275.8 2300
ASTRAL 1469.55 1560
ATGL 646.9 660
ATUL 6820.15 6800
AUBANK 583.8 580
AUROPHARMA 1216.45 1240
AXISBANK 949.6 990
BAJAJ-AUTO 8468.1 8700
BAJAJFINSV 1734.8 1680
BAJFINANCE 7468.65 7300
BALKRISIND 2685 2760
BANDHANBNK 149.65 160
BANKBARODA 227.43 235
BANKINDIA 99.17 100
BATAINDIA 1290.6 1320
BEL 272.35 280
BERGEPAINT 483.1 465
BHARATFORG 1226.7 1240
BHARTIARTL 1646 1640
BHEL 202.5 215
BIOCON 391.1 380
BOSCHLTD 30530.8 31500
BPCL 268.85 270
BRITANNIA 5094.95 4850
BSE 5908.35 5700
BSOFT 549.45 550
CAMS 4136 4200
CANBK 97.7 100
CANFINHOME 686.4 680
CDSL 1508.85 1580
CESC 140.74 145.5
CGPOWER 620 650
CHAMBLFERT 501.85 500
CHOLAFIN 1231 1260
CIPLA 1421.7 1480
COALINDIA 385.75 390
COFORGE 9279.8 9000
COLPAL 2760 2750
CONCOR 761.55 780
COROMANDEL 1833.3 1860
CROMPTON 344 355
CUB 168.82 170
CUMMINSIND 2840.5 3000
CYIENT 1400.5 1500
DABUR 525.3 520
DALBHARAT 1811.5 1780
DEEPAKNTR 2318.85 2400
DELHIVERY 327.3 330
DIVISLAB 5740.95 5900
DIXON 15514.9 16000
DLF 705.1 740
DMART 3591 3650
DRREDDY 1225.8 1250
EICHERMOT 5202 5050
ESCORTS 3517.5 3400
EXIDEIND 373.8 400
FEDERALBNK 189.77 195
GAIL 176.62 185
GLENMARK 1452 1500
GMRAIRPORT 72.51 76
GMRINFRA 0 32
GNFC 560 560
GODREJCP 1130.75 1120
GODREJPROP 2178.25 2300
GRANULES 584.7 590
GRASIM 2494.1 2480
GUJGASLTD 498.85 500
HAL 3880.3 4050
HAVELLS 1548.5 1580
HCLTECH 1805.1 1820
HDFCAMC 3916.75 4000
HDFCBANK 1653 1670
HDFCLIFE 622.15 630
HEROMOTOCO 4080.3 4150
HFCL 100.09 102.5
HINDALCO 610.95 600
HINDCOPPER 245.78 250
HINDPETRO 357.45 370
HINDUNILVR 2364.35 2360
HUDCO 223.94 220
ICICIBANK 1210.45 1230
ICICIGI 1826.9 1880
ICICIPRULI 593.65 600
IDEA 9.55 9
IDFCFIRSTB 62.66 63
IEX 173.15 175
IGL 386.25 400
INDHOTEL 785.1 800
INDIAMART 2085 2140
INDIANB 506.3 520
INDIGO 4160.95 4200
INDUSINDBK 960.2 980
INDUSTOWER 369.45 355
INFY 1883.15 1880
IOC 129.31 135
IPCALAB 1544.75 1580
IRB 52.35 54
IRCTC 793.55 800
IRFC 140.14 137.5
ITC 443.4 445
JINDALSTEL 897.3 920
JIOFIN 247.2 265
JKCEMENT 4807.7 4700
JSL 637.6 630
JSWENERGY 549.9 570
JSWSTEEL 940.1 930
JUBLFOOD 675.05 700
KALYANKJIL 463 560
KEI 4376.9 4300
KOTAKBANK 1894.75 1860
KPITTECH 1332.9 1380
LALPATHLAB 2825 2900
LAURUSLABS 583.2 580
LICHSGFIN 576.45 580
LICI 825.35 850
LODHA 1100.05 1120
LT 3481 3600
LTF 140.05 140
LTIM 6020.55 5900
LTTS 5454 5250
LUPIN 2141.25 2180
M&M 2829.05 2900
M&MFIN 271.7 275
MANAPPURAM 198.15 187.5
MARICO 669.35 660
MARUTI 12007.25 11700
MAXHEALTH 1059.55 1080
MCX 5785 5800
METROPOLIS 1825.95 1900
MFSL 1050.95 1060
MGL 1285.85 1280
MOTHERSON 144.41 150
MPHASIS 3053.6 3000
MRF 111645.2 115000
MUTHOOTFIN 2176.15 2180
NATIONALUM 205.59 210
NAUKRI 7473.9 7700
NAVINFLUOR 3716.15 3700
NCC 238 250
NESTLEIND 2213.25 2200
NHPC 77.65 78
NMDC 67.68 68
NTPC 325.9 325
NYKAA 169.4 170
OBEROIRLTY 1786.95 1840
OFSS 9900 10250
OIL 428.4 450
ONGC 259.5 260
PAGEIND 46661.35 47000
PAYTM 815.85 860
PEL 990.55 1080
PERSISTENT 6397.75 6300
PETRONET 323.7 335
PFC 411.35 440
PIDILITIND 2858.7 2900
PIIND 3503.45 3550
PNB 98.63 100
POLICYBZR 1703.75 1750
POLYCAB 6048.1 6300
POONAWALLA 323.7 320
POWERGRID 298.85 305
PRESTIGE 1278.1 1350
PVRINOX 1073.5 1140
RAMCOCEM 899.15 910
RBLBANK 155.51 160
RECLTD 451.1 490
RELIANCE 1255.1 1260
SAIL 109.6 110
SBICARD 756.9 750
SBILIFE 1447 1460
SBIN 748.3 770
SHREECEM 25825.2 26000
SHRIRAMFIN 532.65 540
SIEMENS 5906.75 6100
SJVN 96.67 97.5
SONACOMS 526.2 550
SRF 2567.95 2560
SUNPHARMA 1821.45 1800
SUNTV 645.3 660
SUPREMEIND 3870.25 4000
SYNGENE 797.6 820
TATACHEM 965.45 1000
TATACOMM 1641.6 1700
TATACONSUM 998.95 970
TATAELXSI 6361.85 6300
TATAMOTORS 739 760
TATAPOWER 366.4 380
TATASTEEL 131.71 135
TCS 4155 4150
TECHM 1722.1 1700
TIINDIA 3259.65 3300
TITAN 3407.8 3400
TORNTPHARM 3241 3300
TRENT 5578.85 6000
TVSMOTOR 2267.7 2300
UBL 2077.3 2040
ULTRACEMCO 11350.8 11200
UNIONBANK 107.97 110
UNITDSPR 1482.9 1500
UPL 553.9 540
VBL 543.1 550
VEDL 448.6 460
VOLTAS 1462.35 1540
WIPRO 321.2 310
YESBANK 18.3 19
ZOMATO 219.25 230
ZYDUSLIFE 963.35 990

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.