MIDCPNIFTY
Nifty Midcap Select
Max pain for MIDCPNIFTY
22 Oct 2024 04:13 PM IST
Max Pain for MIDCPNIFTY is 12650
Strike 10700 has a total call value of 0 versus a total put value of 1,594,336,875,000 Combined total value = 1,594,336,875,000
Strike 10725 has a total call value of 0 versus a total put value of 1,569,162,000,000 Combined total value = 1,569,162,000,000
Strike 10750 has a total call value of 0 versus a total put value of 1,543,987,125,000 Combined total value = 1,543,987,125,000
Strike 10775 has a total call value of 0 versus a total put value of 1,518,812,250,000 Combined total value = 1,518,812,250,000
Strike 10800 has a total call value of 0 versus a total put value of 1,493,637,375,000 Combined total value = 1,493,637,375,000
Strike 10825 has a total call value of 0 versus a total put value of 1,468,462,500,000 Combined total value = 1,468,462,500,000
Strike 10850 has a total call value of 0 versus a total put value of 1,443,287,625,000 Combined total value = 1,443,287,625,000
Strike 10875 has a total call value of 0 versus a total put value of 1,418,112,750,000 Combined total value = 1,418,112,750,000
Strike 10900 has a total call value of 0 versus a total put value of 1,392,937,875,000 Combined total value = 1,392,937,875,000
Strike 10925 has a total call value of 0 versus a total put value of 1,367,763,000,000 Combined total value = 1,367,763,000,000
Strike 10950 has a total call value of 0 versus a total put value of 1,342,588,125,000 Combined total value = 1,342,588,125,000
Strike 10975 has a total call value of 0 versus a total put value of 1,317,413,250,000 Combined total value = 1,317,413,250,000
Strike 11000 has a total call value of 0 versus a total put value of 1,292,238,375,000 Combined total value = 1,292,238,375,000
Strike 11025 has a total call value of 0 versus a total put value of 1,267,671,500,000 Combined total value = 1,267,671,500,000
Strike 11050 has a total call value of 0 versus a total put value of 1,243,104,625,000 Combined total value = 1,243,104,625,000
Strike 11075 has a total call value of 0 versus a total put value of 1,218,537,750,000 Combined total value = 1,218,537,750,000
Strike 11100 has a total call value of 0 versus a total put value of 1,193,970,875,000 Combined total value = 1,193,970,875,000
Strike 11125 has a total call value of 0 versus a total put value of 1,169,404,000,000 Combined total value = 1,169,404,000,000
Strike 11150 has a total call value of 0 versus a total put value of 1,144,837,125,000 Combined total value = 1,144,837,125,000
Strike 11175 has a total call value of 0 versus a total put value of 1,120,270,250,000 Combined total value = 1,120,270,250,000
Strike 11200 has a total call value of 0 versus a total put value of 1,095,703,375,000 Combined total value = 1,095,703,375,000
Strike 11225 has a total call value of 0 versus a total put value of 1,071,141,750,000 Combined total value = 1,071,141,750,000
Strike 11250 has a total call value of 0 versus a total put value of 1,046,580,125,000 Combined total value = 1,046,580,125,000
Strike 11275 has a total call value of 0 versus a total put value of 1,022,018,500,000 Combined total value = 1,022,018,500,000
Strike 11300 has a total call value of 0 versus a total put value of 997,456,875,000 Combined total value = 997,456,875,000
Strike 11325 has a total call value of 0 versus a total put value of 972,895,250,000 Combined total value = 972,895,250,000
Strike 11350 has a total call value of 0 versus a total put value of 948,333,625,000 Combined total value = 948,333,625,000
Strike 11375 has a total call value of 0 versus a total put value of 923,772,000,000 Combined total value = 923,772,000,000
Strike 11400 has a total call value of 0 versus a total put value of 899,210,375,000 Combined total value = 899,210,375,000
Strike 11425 has a total call value of 0 versus a total put value of 874,769,375,000 Combined total value = 874,769,375,000
Strike 11450 has a total call value of 0 versus a total put value of 850,328,375,000 Combined total value = 850,328,375,000
Strike 11475 has a total call value of 0 versus a total put value of 825,887,375,000 Combined total value = 825,887,375,000
Strike 11500 has a total call value of 0 versus a total put value of 801,446,375,000 Combined total value = 801,446,375,000
Strike 11525 has a total call value of 0 versus a total put value of 778,180,625,000 Combined total value = 778,180,625,000
Strike 11550 has a total call value of 0 versus a total put value of 754,915,125,000 Combined total value = 754,915,125,000
Strike 11575 has a total call value of 0 versus a total put value of 731,650,625,000 Combined total value = 731,650,625,000
Strike 11600 has a total call value of 0 versus a total put value of 708,386,125,000 Combined total value = 708,386,125,000
Strike 11625 has a total call value of 0 versus a total put value of 685,390,875,000 Combined total value = 685,390,875,000
Strike 11650 has a total call value of 0 versus a total put value of 662,395,625,000 Combined total value = 662,395,625,000
Strike 11675 has a total call value of 0 versus a total put value of 639,401,250,000 Combined total value = 639,401,250,000
Strike 11700 has a total call value of 0 versus a total put value of 616,406,875,000 Combined total value = 616,406,875,000
Strike 11725 has a total call value of 125,000 versus a total put value of 593,813,000,000 Combined total value = 593,813,125,000
Strike 11750 has a total call value of 250,000 versus a total put value of 571,228,375,000 Combined total value = 571,228,625,000
Strike 11775 has a total call value of 375,000 versus a total put value of 548,709,625,000 Combined total value = 548,710,000,000
Strike 11800 has a total call value of 500,000 versus a total put value of 526,206,125,000 Combined total value = 526,206,625,000
Strike 11825 has a total call value of 1,000,000 versus a total put value of 504,542,500,000 Combined total value = 504,543,500,000
Strike 11850 has a total call value of 1,500,000 versus a total put value of 482,942,875,000 Combined total value = 482,944,375,000
Strike 11875 has a total call value of 2,000,000 versus a total put value of 461,464,750,000 Combined total value = 461,466,750,000
Strike 11900 has a total call value of 2,500,000 versus a total put value of 440,018,500,000 Combined total value = 440,021,000,000
Strike 11925 has a total call value of 3,250,000 versus a total put value of 419,173,875,000 Combined total value = 419,177,125,000
Strike 11950 has a total call value of 4,000,000 versus a total put value of 398,393,750,000 Combined total value = 398,397,750,000
Strike 11975 has a total call value of 4,750,000 versus a total put value of 378,099,375,000 Combined total value = 378,104,125,000
Strike 12000 has a total call value of 5,500,000 versus a total put value of 357,875,375,000 Combined total value = 357,880,875,000
Strike 12025 has a total call value of 21,375,000 versus a total put value of 340,782,250,000 Combined total value = 340,803,625,000
Strike 12050 has a total call value of 37,250,000 versus a total put value of 323,798,250,000 Combined total value = 323,835,500,000
Strike 12075 has a total call value of 53,875,000 versus a total put value of 307,319,500,000 Combined total value = 307,373,375,000
Strike 12100 has a total call value of 70,500,000 versus a total put value of 290,893,250,000 Combined total value = 290,963,750,000
Strike 12125 has a total call value of 89,750,000 versus a total put value of 275,344,125,000 Combined total value = 275,433,875,000
Strike 12150 has a total call value of 110,375,000 versus a total put value of 259,995,750,000 Combined total value = 260,106,125,000
Strike 12175 has a total call value of 132,625,000 versus a total put value of 244,756,250,000 Combined total value = 244,888,875,000
Strike 12200 has a total call value of 156,875,000 versus a total put value of 229,546,500,000 Combined total value = 229,703,375,000
Strike 12225 has a total call value of 213,125,000 versus a total put value of 216,009,375,000 Combined total value = 216,222,500,000
Strike 12250 has a total call value of 269,500,000 versus a total put value of 202,621,625,000 Combined total value = 202,891,125,000
Strike 12275 has a total call value of 327,750,000 versus a total put value of 189,429,750,000 Combined total value = 189,757,500,000
Strike 12300 has a total call value of 390,625,000 versus a total put value of 176,324,875,000 Combined total value = 176,715,500,000
Strike 12325 has a total call value of 503,500,000 versus a total put value of 164,280,500,000 Combined total value = 164,784,000,000
Strike 12350 has a total call value of 629,875,000 versus a total put value of 152,344,000,000 Combined total value = 152,973,875,000
Strike 12375 has a total call value of 775,000,000 versus a total put value of 140,568,500,000 Combined total value = 141,343,500,000
Strike 12400 has a total call value of 946,250,000 versus a total put value of 128,911,000,000 Combined total value = 129,857,250,000
Strike 12425 has a total call value of 1,437,250,000 versus a total put value of 119,025,250,000 Combined total value = 120,462,500,000
Strike 12450 has a total call value of 2,030,000,000 versus a total put value of 109,468,750,000 Combined total value = 111,498,750,000
Strike 12475 has a total call value of 2,866,250,000 versus a total put value of 100,197,000,000 Combined total value = 103,063,250,000
Strike 12500 has a total call value of 3,837,250,000 versus a total put value of 91,003,500,000 Combined total value = 94,840,750,000
Strike 12525 has a total call value of 6,205,375,000 versus a total put value of 83,555,875,000 Combined total value = 89,761,250,000
Strike 12550 has a total call value of 8,782,125,000 versus a total put value of 76,276,500,000 Combined total value = 85,058,625,000
Strike 12575 has a total call value of 11,838,500,000 versus a total put value of 69,366,625,000 Combined total value = 81,205,125,000
Strike 12600 has a total call value of 15,220,500,000 versus a total put value of 62,623,500,000 Combined total value = 77,844,000,000
Strike 12625 has a total call value of 20,076,500,000 versus a total put value of 56,804,375,000 Combined total value = 76,880,875,000
Strike 12650 has a total call value of 25,311,625,000 versus a total put value of 51,104,125,000 Combined total value = 76,415,750,000
Strike 12675 has a total call value of 31,059,750,000 versus a total put value of 45,489,875,000 Combined total value = 76,549,625,000
Strike 12700 has a total call value of 37,250,875,000 versus a total put value of 40,027,875,000 Combined total value = 77,278,750,000
Strike 12725 has a total call value of 46,437,750,000 versus a total put value of 35,435,375,000 Combined total value = 81,873,125,000
Strike 12750 has a total call value of 56,165,625,000 versus a total put value of 31,154,875,000 Combined total value = 87,320,500,000
Strike 12775 has a total call value of 66,897,750,000 versus a total put value of 27,212,625,000 Combined total value = 94,110,375,000
Strike 12800 has a total call value of 77,930,625,000 versus a total put value of 23,359,125,000 Combined total value = 101,289,750,000
Strike 12825 has a total call value of 91,724,625,000 versus a total put value of 20,352,875,000 Combined total value = 112,077,500,000
Strike 12850 has a total call value of 105,802,625,000 versus a total put value of 17,382,250,000 Combined total value = 123,184,875,000
Strike 12875 has a total call value of 120,614,625,000 versus a total put value of 14,520,375,000 Combined total value = 135,135,000,000
Strike 12900 has a total call value of 135,948,375,000 versus a total put value of 11,707,375,000 Combined total value = 147,655,750,000
Strike 12925 has a total call value of 153,983,375,000 versus a total put value of 9,659,125,000 Combined total value = 163,642,500,000
Strike 12950 has a total call value of 172,359,875,000 versus a total put value of 7,640,750,000 Combined total value = 180,000,625,000
Strike 12975 has a total call value of 191,493,000,000 versus a total put value of 5,692,375,000 Combined total value = 197,185,375,000
Strike 13000 has a total call value of 210,988,000,000 versus a total put value of 3,769,875,000 Combined total value = 214,757,875,000
Strike 13025 has a total call value of 234,744,750,000 versus a total put value of 2,841,375,000 Combined total value = 237,586,125,000
Strike 13050 has a total call value of 258,899,250,000 versus a total put value of 1,993,375,000 Combined total value = 260,892,625,000
Strike 13075 has a total call value of 284,359,125,000 versus a total put value of 1,274,625,000 Combined total value = 285,633,750,000
Strike 13100 has a total call value of 310,160,375,000 versus a total put value of 606,500,000 Combined total value = 310,766,875,000
Strike 13125 has a total call value of 338,699,125,000 versus a total put value of 452,750,000 Combined total value = 339,151,875,000
Strike 13150 has a total call value of 367,693,375,000 versus a total put value of 311,000,000 Combined total value = 368,004,375,000
Strike 13175 has a total call value of 397,216,750,000 versus a total put value of 202,250,000 Combined total value = 397,419,000,000
Strike 13200 has a total call value of 427,113,125,000 versus a total put value of 99,250,000 Combined total value = 427,212,375,000
Strike 13225 has a total call value of 459,539,500,000 versus a total put value of 70,750,000 Combined total value = 459,610,250,000
Strike 13250 has a total call value of 492,191,750,000 versus a total put value of 45,250,000 Combined total value = 492,237,000,000
Strike 13275 has a total call value of 525,372,875,000 versus a total put value of 27,875,000 Combined total value = 525,400,750,000
Strike 13300 has a total call value of 558,708,875,000 versus a total put value of 10,500,000 Combined total value = 558,719,375,000
Strike 13325 has a total call value of 594,083,500,000 versus a total put value of 9,000,000 Combined total value = 594,092,500,000
Strike 13350 has a total call value of 629,598,125,000 versus a total put value of 7,500,000 Combined total value = 629,605,625,000
Strike 13375 has a total call value of 665,499,625,000 versus a total put value of 6,000,000 Combined total value = 665,505,625,000
Strike 13400 has a total call value of 701,401,125,000 versus a total put value of 4,500,000 Combined total value = 701,405,625,000
Strike 13425 has a total call value of 738,718,875,000 versus a total put value of 3,375,000 Combined total value = 738,722,250,000
Strike 13450 has a total call value of 776,175,125,000 versus a total put value of 2,250,000 Combined total value = 776,177,375,000
Strike 13475 has a total call value of 813,808,875,000 versus a total put value of 1,500,000 Combined total value = 813,810,375,000
Strike 13500 has a total call value of 851,511,500,000 versus a total put value of 750,000 Combined total value = 851,512,250,000
Strike 13525 has a total call value of 891,452,250,000 versus a total put value of 375,000 Combined total value = 891,452,625,000
Strike 13550 has a total call value of 931,402,875,000 versus a total put value of 0 Combined total value = 931,402,875,000
Strike 13575 has a total call value of 971,562,625,000 versus a total put value of 0 Combined total value = 971,562,625,000
Strike 13600 has a total call value of 1,011,722,375,000 versus a total put value of 0 Combined total value = 1,011,722,375,000
Strike 13625 has a total call value of 1,052,777,875,000 versus a total put value of 0 Combined total value = 1,052,777,875,000
Strike 13650 has a total call value of 1,093,873,375,000 versus a total put value of 0 Combined total value = 1,093,873,375,000
Strike 13675 has a total call value of 1,134,968,875,000 versus a total put value of 0 Combined total value = 1,134,968,875,000
Strike 13700 has a total call value of 1,176,118,500,000 versus a total put value of 0 Combined total value = 1,176,118,500,000
Strike 13725 has a total call value of 1,217,977,250,000 versus a total put value of 0 Combined total value = 1,217,977,250,000
Strike 13750 has a total call value of 1,259,850,375,000 versus a total put value of 0 Combined total value = 1,259,850,375,000
Strike 13775 has a total call value of 1,301,723,500,000 versus a total put value of 0 Combined total value = 1,301,723,500,000
Strike 13800 has a total call value of 1,343,641,750,000 versus a total put value of 0 Combined total value = 1,343,641,750,000
Strike 13825 has a total call value of 1,386,011,500,000 versus a total put value of 0 Combined total value = 1,386,011,500,000
Strike 13850 has a total call value of 1,428,381,250,000 versus a total put value of 0 Combined total value = 1,428,381,250,000
Strike 13875 has a total call value of 1,470,751,000,000 versus a total put value of 0 Combined total value = 1,470,751,000,000
Strike 13900 has a total call value of 1,513,121,125,000 versus a total put value of 0 Combined total value = 1,513,121,125,000
Strike 13925 has a total call value of 1,555,842,000,000 versus a total put value of 0 Combined total value = 1,555,842,000,000
Strike 13950 has a total call value of 1,598,566,625,000 versus a total put value of 0 Combined total value = 1,598,566,625,000
Strike 13975 has a total call value of 1,641,317,000,000 versus a total put value of 0 Combined total value = 1,641,317,000,000
Strike 14000 has a total call value of 1,684,067,375,000 versus a total put value of 0 Combined total value = 1,684,067,375,000
Strike 14025 has a total call value of 1,728,311,500,000 versus a total put value of 0 Combined total value = 1,728,311,500,000
Strike 14050 has a total call value of 1,772,555,625,000 versus a total put value of 0 Combined total value = 1,772,555,625,000
Strike 14075 has a total call value of 1,816,799,750,000 versus a total put value of 0 Combined total value = 1,816,799,750,000
Strike 14100 has a total call value of 1,861,043,875,000 versus a total put value of 0 Combined total value = 1,861,043,875,000
Strike 14125 has a total call value of 1,905,294,250,000 versus a total put value of 0 Combined total value = 1,905,294,250,000
Strike 14150 has a total call value of 1,949,544,625,000 versus a total put value of 0 Combined total value = 1,949,544,625,000
Strike 14175 has a total call value of 1,993,795,000,000 versus a total put value of 0 Combined total value = 1,993,795,000,000
Strike 14200 has a total call value of 2,038,045,375,000 versus a total put value of 0 Combined total value = 2,038,045,375,000
Strike 14225 has a total call value of 2,082,295,875,000 versus a total put value of 0 Combined total value = 2,082,295,875,000
Strike 14250 has a total call value of 2,126,546,375,000 versus a total put value of 0 Combined total value = 2,126,546,375,000
Strike 14275 has a total call value of 2,170,796,875,000 versus a total put value of 0 Combined total value = 2,170,796,875,000
Strike 14300 has a total call value of 2,215,047,375,000 versus a total put value of 0 Combined total value = 2,215,047,375,000
Strike 14325 has a total call value of 2,259,297,875,000 versus a total put value of 0 Combined total value = 2,259,297,875,000
Strike 14350 has a total call value of 2,303,548,375,000 versus a total put value of 0 Combined total value = 2,303,548,375,000
Strike 14375 has a total call value of 2,347,798,875,000 versus a total put value of 0 Combined total value = 2,347,798,875,000
Strike 14400 has a total call value of 2,392,049,375,000 versus a total put value of 0 Combined total value = 2,392,049,375,000
Strike 14425 has a total call value of 2,436,299,875,000 versus a total put value of 0 Combined total value = 2,436,299,875,000
Strike 14450 has a total call value of 2,480,550,375,000 versus a total put value of 0 Combined total value = 2,480,550,375,000
Strike 14475 has a total call value of 2,524,800,875,000 versus a total put value of 0 Combined total value = 2,524,800,875,000
Strike 14500 has a total call value of 2,569,051,375,000 versus a total put value of 0 Combined total value = 2,569,051,375,000
Strike 14525 has a total call value of 2,614,024,500,000 versus a total put value of 0 Combined total value = 2,614,024,500,000
Strike 14550 has a total call value of 2,658,997,625,000 versus a total put value of 0 Combined total value = 2,658,997,625,000
Strike 14575 has a total call value of 2,703,970,750,000 versus a total put value of 0 Combined total value = 2,703,970,750,000
Strike 14600 has a total call value of 2,748,943,875,000 versus a total put value of 0 Combined total value = 2,748,943,875,000
Strike 14625 has a total call value of 2,793,958,125,000 versus a total put value of 0 Combined total value = 2,793,958,125,000
Strike 14650 has a total call value of 2,838,972,375,000 versus a total put value of 0 Combined total value = 2,838,972,375,000
Strike 14675 has a total call value of 2,883,986,625,000 versus a total put value of 0 Combined total value = 2,883,986,625,000
Strike 14700 has a total call value of 2,929,000,875,000 versus a total put value of 0 Combined total value = 2,929,000,875,000
Strike 14725 has a total call value of 2,974,051,250,000 versus a total put value of 0 Combined total value = 2,974,051,250,000
Strike 14750 has a total call value of 3,019,101,625,000 versus a total put value of 0 Combined total value = 3,019,101,625,000
Strike 14775 has a total call value of 3,064,152,000,000 versus a total put value of 0 Combined total value = 3,064,152,000,000
Strike 14800 has a total call value of 3,109,202,375,000 versus a total put value of 0 Combined total value = 3,109,202,375,000
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.