MIDCPNIFTY
Nifty Midcap Select
Max pain for MIDCPNIFTY
04 Jul 2024 11:55 AM IST
Max Pain for MIDCPNIFTY is 12350
Strike 9300 has a total call value of 0 versus a total put value of 3,426,268,125,000 Combined total value = 3,426,268,125,000
Strike 9325 has a total call value of 0 versus a total put value of 3,394,993,875,000 Combined total value = 3,394,993,875,000
Strike 9350 has a total call value of 0 versus a total put value of 3,363,719,625,000 Combined total value = 3,363,719,625,000
Strike 9375 has a total call value of 0 versus a total put value of 3,332,445,375,000 Combined total value = 3,332,445,375,000
Strike 9400 has a total call value of 0 versus a total put value of 3,301,171,125,000 Combined total value = 3,301,171,125,000
Strike 9425 has a total call value of 0 versus a total put value of 3,269,900,812,500 Combined total value = 3,269,900,812,500
Strike 9450 has a total call value of 0 versus a total put value of 3,238,630,500,000 Combined total value = 3,238,630,500,000
Strike 9475 has a total call value of 0 versus a total put value of 3,207,360,187,500 Combined total value = 3,207,360,187,500
Strike 9500 has a total call value of 0 versus a total put value of 3,176,089,875,000 Combined total value = 3,176,089,875,000
Strike 9525 has a total call value of 0 versus a total put value of 3,144,822,000,000 Combined total value = 3,144,822,000,000
Strike 9550 has a total call value of 0 versus a total put value of 3,113,554,125,000 Combined total value = 3,113,554,125,000
Strike 9575 has a total call value of 0 versus a total put value of 3,082,286,250,000 Combined total value = 3,082,286,250,000
Strike 9600 has a total call value of 0 versus a total put value of 3,051,018,375,000 Combined total value = 3,051,018,375,000
Strike 9625 has a total call value of 0 versus a total put value of 3,019,755,750,000 Combined total value = 3,019,755,750,000
Strike 9650 has a total call value of 0 versus a total put value of 2,988,493,125,000 Combined total value = 2,988,493,125,000
Strike 9675 has a total call value of 0 versus a total put value of 2,957,230,500,000 Combined total value = 2,957,230,500,000
Strike 9700 has a total call value of 0 versus a total put value of 2,925,967,875,000 Combined total value = 2,925,967,875,000
Strike 9725 has a total call value of 0 versus a total put value of 2,894,708,812,500 Combined total value = 2,894,708,812,500
Strike 9750 has a total call value of 0 versus a total put value of 2,863,449,750,000 Combined total value = 2,863,449,750,000
Strike 9775 has a total call value of 0 versus a total put value of 2,832,190,687,500 Combined total value = 2,832,190,687,500
Strike 9800 has a total call value of 0 versus a total put value of 2,800,931,625,000 Combined total value = 2,800,931,625,000
Strike 9825 has a total call value of 0 versus a total put value of 2,769,675,937,500 Combined total value = 2,769,675,937,500
Strike 9850 has a total call value of 0 versus a total put value of 2,738,420,250,000 Combined total value = 2,738,420,250,000
Strike 9875 has a total call value of 0 versus a total put value of 2,707,164,562,500 Combined total value = 2,707,164,562,500
Strike 9900 has a total call value of 0 versus a total put value of 2,675,908,875,000 Combined total value = 2,675,908,875,000
Strike 9925 has a total call value of 0 versus a total put value of 2,644,655,250,000 Combined total value = 2,644,655,250,000
Strike 9950 has a total call value of 0 versus a total put value of 2,613,401,625,000 Combined total value = 2,613,401,625,000
Strike 9975 has a total call value of 0 versus a total put value of 2,582,148,000,000 Combined total value = 2,582,148,000,000
Strike 10000 has a total call value of 0 versus a total put value of 2,550,894,375,000 Combined total value = 2,550,894,375,000
Strike 10025 has a total call value of 0 versus a total put value of 2,519,645,437,500 Combined total value = 2,519,645,437,500
Strike 10050 has a total call value of 0 versus a total put value of 2,488,396,500,000 Combined total value = 2,488,396,500,000
Strike 10075 has a total call value of 0 versus a total put value of 2,457,147,562,500 Combined total value = 2,457,147,562,500
Strike 10100 has a total call value of 0 versus a total put value of 2,425,898,625,000 Combined total value = 2,425,898,625,000
Strike 10125 has a total call value of 0 versus a total put value of 2,394,652,312,500 Combined total value = 2,394,652,312,500
Strike 10150 has a total call value of 0 versus a total put value of 2,363,406,000,000 Combined total value = 2,363,406,000,000
Strike 10175 has a total call value of 0 versus a total put value of 2,332,159,687,500 Combined total value = 2,332,159,687,500
Strike 10200 has a total call value of 0 versus a total put value of 2,300,913,375,000 Combined total value = 2,300,913,375,000
Strike 10225 has a total call value of 0 versus a total put value of 2,269,673,062,500 Combined total value = 2,269,673,062,500
Strike 10250 has a total call value of 0 versus a total put value of 2,238,432,750,000 Combined total value = 2,238,432,750,000
Strike 10275 has a total call value of 0 versus a total put value of 2,207,192,437,500 Combined total value = 2,207,192,437,500
Strike 10300 has a total call value of 0 versus a total put value of 2,175,952,125,000 Combined total value = 2,175,952,125,000
Strike 10325 has a total call value of 0 versus a total put value of 2,144,715,750,000 Combined total value = 2,144,715,750,000
Strike 10350 has a total call value of 0 versus a total put value of 2,113,483,312,500 Combined total value = 2,113,483,312,500
Strike 10375 has a total call value of 0 versus a total put value of 2,082,250,875,000 Combined total value = 2,082,250,875,000
Strike 10400 has a total call value of 0 versus a total put value of 2,051,018,437,500 Combined total value = 2,051,018,437,500
Strike 10425 has a total call value of 0 versus a total put value of 2,019,790,875,000 Combined total value = 2,019,790,875,000
Strike 10450 has a total call value of 0 versus a total put value of 1,988,563,312,500 Combined total value = 1,988,563,312,500
Strike 10475 has a total call value of 0 versus a total put value of 1,957,335,750,000 Combined total value = 1,957,335,750,000
Strike 10500 has a total call value of 0 versus a total put value of 1,926,109,125,000 Combined total value = 1,926,109,125,000
Strike 10525 has a total call value of 0 versus a total put value of 1,894,987,687,500 Combined total value = 1,894,987,687,500
Strike 10550 has a total call value of 0 versus a total put value of 1,863,867,187,500 Combined total value = 1,863,867,187,500
Strike 10575 has a total call value of 0 versus a total put value of 1,832,747,625,000 Combined total value = 1,832,747,625,000
Strike 10600 has a total call value of 0 versus a total put value of 1,801,629,000,000 Combined total value = 1,801,629,000,000
Strike 10625 has a total call value of 0 versus a total put value of 1,770,513,187,500 Combined total value = 1,770,513,187,500
Strike 10650 has a total call value of 0 versus a total put value of 1,739,397,375,000 Combined total value = 1,739,397,375,000
Strike 10675 has a total call value of 0 versus a total put value of 1,708,281,562,500 Combined total value = 1,708,281,562,500
Strike 10700 has a total call value of 0 versus a total put value of 1,677,165,750,000 Combined total value = 1,677,165,750,000
Strike 10725 has a total call value of 0 versus a total put value of 1,646,053,312,500 Combined total value = 1,646,053,312,500
Strike 10750 has a total call value of 0 versus a total put value of 1,614,940,875,000 Combined total value = 1,614,940,875,000
Strike 10775 has a total call value of 0 versus a total put value of 1,583,828,437,500 Combined total value = 1,583,828,437,500
Strike 10800 has a total call value of 0 versus a total put value of 1,552,716,000,000 Combined total value = 1,552,716,000,000
Strike 10825 has a total call value of 0 versus a total put value of 1,521,606,750,000 Combined total value = 1,521,606,750,000
Strike 10850 has a total call value of 0 versus a total put value of 1,490,497,500,000 Combined total value = 1,490,497,500,000
Strike 10875 has a total call value of 0 versus a total put value of 1,459,388,250,000 Combined total value = 1,459,388,250,000
Strike 10900 has a total call value of 0 versus a total put value of 1,428,279,000,000 Combined total value = 1,428,279,000,000
Strike 10925 has a total call value of 0 versus a total put value of 1,397,169,750,000 Combined total value = 1,397,169,750,000
Strike 10950 has a total call value of 0 versus a total put value of 1,366,060,500,000 Combined total value = 1,366,060,500,000
Strike 10975 has a total call value of 0 versus a total put value of 1,334,951,250,000 Combined total value = 1,334,951,250,000
Strike 11000 has a total call value of 0 versus a total put value of 1,303,842,000,000 Combined total value = 1,303,842,000,000
Strike 11025 has a total call value of 0 versus a total put value of 1,273,269,375,000 Combined total value = 1,273,269,375,000
Strike 11050 has a total call value of 0 versus a total put value of 1,242,696,750,000 Combined total value = 1,242,696,750,000
Strike 11075 has a total call value of 0 versus a total put value of 1,212,124,125,000 Combined total value = 1,212,124,125,000
Strike 11100 has a total call value of 0 versus a total put value of 1,181,551,500,000 Combined total value = 1,181,551,500,000
Strike 11125 has a total call value of 0 versus a total put value of 1,150,990,687,500 Combined total value = 1,150,990,687,500
Strike 11150 has a total call value of 0 versus a total put value of 1,120,429,875,000 Combined total value = 1,120,429,875,000
Strike 11175 has a total call value of 0 versus a total put value of 1,089,869,062,500 Combined total value = 1,089,869,062,500
Strike 11200 has a total call value of 0 versus a total put value of 1,059,308,250,000 Combined total value = 1,059,308,250,000
Strike 11225 has a total call value of 0 versus a total put value of 1,028,893,500,000 Combined total value = 1,028,893,500,000
Strike 11250 has a total call value of 0 versus a total put value of 998,478,750,000 Combined total value = 998,478,750,000
Strike 11275 has a total call value of 0 versus a total put value of 968,064,000,000 Combined total value = 968,064,000,000
Strike 11300 has a total call value of 0 versus a total put value of 937,649,250,000 Combined total value = 937,649,250,000
Strike 11325 has a total call value of 0 versus a total put value of 907,495,125,000 Combined total value = 907,495,125,000
Strike 11350 has a total call value of 0 versus a total put value of 877,365,562,500 Combined total value = 877,365,562,500
Strike 11375 has a total call value of 0 versus a total put value of 847,255,500,000 Combined total value = 847,255,500,000
Strike 11400 has a total call value of 0 versus a total put value of 817,145,437,500 Combined total value = 817,145,437,500
Strike 11425 has a total call value of 0 versus a total put value of 787,385,812,500 Combined total value = 787,385,812,500
Strike 11450 has a total call value of 0 versus a total put value of 757,626,187,500 Combined total value = 757,626,187,500
Strike 11475 has a total call value of 0 versus a total put value of 727,989,562,500 Combined total value = 727,989,562,500
Strike 11500 has a total call value of 0 versus a total put value of 698,352,937,500 Combined total value = 698,352,937,500
Strike 11525 has a total call value of 0 versus a total put value of 670,276,312,500 Combined total value = 670,276,312,500
Strike 11550 has a total call value of 0 versus a total put value of 642,199,687,500 Combined total value = 642,199,687,500
Strike 11575 has a total call value of 0 versus a total put value of 614,162,437,500 Combined total value = 614,162,437,500
Strike 11600 has a total call value of 0 versus a total put value of 586,125,187,500 Combined total value = 586,125,187,500
Strike 11625 has a total call value of 0 versus a total put value of 558,507,375,000 Combined total value = 558,507,375,000
Strike 11650 has a total call value of 0 versus a total put value of 530,956,125,000 Combined total value = 530,956,125,000
Strike 11675 has a total call value of 0 versus a total put value of 503,784,750,000 Combined total value = 503,784,750,000
Strike 11700 has a total call value of 0 versus a total put value of 476,643,750,000 Combined total value = 476,643,750,000
Strike 11725 has a total call value of 4,875,000 versus a total put value of 450,502,500,000 Combined total value = 450,507,375,000
Strike 11750 has a total call value of 9,750,000 versus a total put value of 424,407,937,500 Combined total value = 424,417,687,500
Strike 11775 has a total call value of 14,625,000 versus a total put value of 398,633,062,500 Combined total value = 398,647,687,500
Strike 11800 has a total call value of 19,500,000 versus a total put value of 372,926,250,000 Combined total value = 372,945,750,000
Strike 11825 has a total call value of 47,625,000 versus a total put value of 348,681,750,000 Combined total value = 348,729,375,000
Strike 11850 has a total call value of 75,750,000 versus a total put value of 324,568,312,500 Combined total value = 324,644,062,500
Strike 11875 has a total call value of 105,562,500 versus a total put value of 300,841,687,500 Combined total value = 300,947,250,000
Strike 11900 has a total call value of 135,375,000 versus a total put value of 277,261,125,000 Combined total value = 277,396,500,000
Strike 11925 has a total call value of 176,625,000 versus a total put value of 254,943,937,500 Combined total value = 255,120,562,500
Strike 11950 has a total call value of 217,875,000 versus a total put value of 232,801,312,500 Combined total value = 233,019,187,500
Strike 11975 has a total call value of 262,687,500 versus a total put value of 211,564,875,000 Combined total value = 211,827,562,500
Strike 12000 has a total call value of 322,875,000 versus a total put value of 190,718,062,500 Combined total value = 191,040,937,500
Strike 12025 has a total call value of 487,500,000 versus a total put value of 173,125,125,000 Combined total value = 173,612,625,000
Strike 12050 has a total call value of 659,437,500 versus a total put value of 155,963,062,500 Combined total value = 156,622,500,000
Strike 12075 has a total call value of 842,437,500 versus a total put value of 139,289,062,500 Combined total value = 140,131,500,000
Strike 12100 has a total call value of 1,037,062,500 versus a total put value of 122,835,187,500 Combined total value = 123,872,250,000
Strike 12125 has a total call value of 1,290,187,500 versus a total put value of 108,016,687,500 Combined total value = 109,306,875,000
Strike 12150 has a total call value of 1,567,687,500 versus a total put value of 93,473,625,000 Combined total value = 95,041,312,500
Strike 12175 has a total call value of 1,905,562,500 versus a total put value of 79,430,250,000 Combined total value = 81,335,812,500
Strike 12200 has a total call value of 2,310,375,000 versus a total put value of 65,839,875,000 Combined total value = 68,150,250,000
Strike 12225 has a total call value of 3,179,062,500 versus a total put value of 54,174,375,000 Combined total value = 57,353,437,500
Strike 12250 has a total call value of 4,173,000,000 versus a total put value of 42,974,062,500 Combined total value = 47,147,062,500
Strike 12275 has a total call value of 5,384,250,000 versus a total put value of 32,577,937,500 Combined total value = 37,962,187,500
Strike 12300 has a total call value of 6,886,687,500 versus a total put value of 23,052,000,000 Combined total value = 29,938,687,500
Strike 12325 has a total call value of 9,800,812,500 versus a total put value of 16,506,562,500 Combined total value = 26,307,375,000
Strike 12350 has a total call value of 13,122,937,500 versus a total put value of 10,648,875,000 Combined total value = 23,771,812,500
Strike 12375 has a total call value of 17,936,250,000 versus a total put value of 6,351,562,500 Combined total value = 24,287,812,500
Strike 12400 has a total call value of 23,489,812,500 versus a total put value of 3,107,812,500 Combined total value = 26,597,625,000
Strike 12425 has a total call value of 31,919,625,000 versus a total put value of 2,016,937,500 Combined total value = 33,936,562,500
Strike 12450 has a total call value of 40,979,437,500 versus a total put value of 1,338,375,000 Combined total value = 42,317,812,500
Strike 12475 has a total call value of 50,769,750,000 versus a total put value of 869,625,000 Combined total value = 51,639,375,000
Strike 12500 has a total call value of 60,925,312,500 versus a total put value of 449,812,500 Combined total value = 61,375,125,000
Strike 12525 has a total call value of 72,597,562,500 versus a total put value of 334,687,500 Combined total value = 72,932,250,000
Strike 12550 has a total call value of 84,639,187,500 versus a total put value of 246,375,000 Combined total value = 84,885,562,500
Strike 12575 has a total call value of 97,732,875,000 versus a total put value of 183,562,500 Combined total value = 97,916,437,500
Strike 12600 has a total call value of 111,261,750,000 versus a total put value of 128,437,500 Combined total value = 111,390,187,500
Strike 12625 has a total call value of 126,575,812,500 versus a total put value of 108,000,000 Combined total value = 126,683,812,500
Strike 12650 has a total call value of 142,432,125,000 versus a total put value of 88,125,000 Combined total value = 142,520,250,000
Strike 12675 has a total call value of 159,582,375,000 versus a total put value of 69,562,500 Combined total value = 159,651,937,500
Strike 12700 has a total call value of 177,168,937,500 versus a total put value of 52,500,000 Combined total value = 177,221,437,500
Strike 12725 has a total call value of 196,777,125,000 versus a total put value of 40,312,500 Combined total value = 196,817,437,500
Strike 12750 has a total call value of 216,594,750,000 versus a total put value of 28,125,000 Combined total value = 216,622,875,000
Strike 12775 has a total call value of 237,246,187,500 versus a total put value of 18,750,000 Combined total value = 237,264,937,500
Strike 12800 has a total call value of 258,431,250,000 versus a total put value of 9,375,000 Combined total value = 258,440,625,000
Strike 12825 has a total call value of 280,881,375,000 versus a total put value of 6,187,500 Combined total value = 280,887,562,500
Strike 12850 has a total call value of 303,515,812,500 versus a total put value of 3,000,000 Combined total value = 303,518,812,500
Strike 12875 has a total call value of 326,449,312,500 versus a total put value of 1,500,000 Combined total value = 326,450,812,500
Strike 12900 has a total call value of 349,523,812,500 versus a total put value of 0 Combined total value = 349,523,812,500
Strike 12925 has a total call value of 373,321,687,500 versus a total put value of 0 Combined total value = 373,321,687,500
Strike 12950 has a total call value of 397,126,125,000 versus a total put value of 0 Combined total value = 397,126,125,000
Strike 12975 has a total call value of 420,960,562,500 versus a total put value of 0 Combined total value = 420,960,562,500
Strike 13000 has a total call value of 444,802,125,000 versus a total put value of 0 Combined total value = 444,802,125,000
Strike 13025 has a total call value of 470,766,750,000 versus a total put value of 0 Combined total value = 470,766,750,000
Strike 13050 has a total call value of 496,734,000,000 versus a total put value of 0 Combined total value = 496,734,000,000
Strike 13075 has a total call value of 522,701,250,000 versus a total put value of 0 Combined total value = 522,701,250,000
Strike 13100 has a total call value of 548,668,500,000 versus a total put value of 0 Combined total value = 548,668,500,000
Strike 13125 has a total call value of 574,846,500,000 versus a total put value of 0 Combined total value = 574,846,500,000
Strike 13150 has a total call value of 601,024,500,000 versus a total put value of 0 Combined total value = 601,024,500,000
Strike 13175 has a total call value of 627,202,500,000 versus a total put value of 0 Combined total value = 627,202,500,000
Strike 13200 has a total call value of 653,380,500,000 versus a total put value of 0 Combined total value = 653,380,500,000
Strike 13225 has a total call value of 679,902,375,000 versus a total put value of 0 Combined total value = 679,902,375,000
Strike 13250 has a total call value of 706,424,250,000 versus a total put value of 0 Combined total value = 706,424,250,000
Strike 13275 has a total call value of 732,946,125,000 versus a total put value of 0 Combined total value = 732,946,125,000
Strike 13300 has a total call value of 759,468,000,000 versus a total put value of 0 Combined total value = 759,468,000,000
Strike 13325 has a total call value of 786,682,500,000 versus a total put value of 0 Combined total value = 786,682,500,000
Strike 13350 has a total call value of 813,897,000,000 versus a total put value of 0 Combined total value = 813,897,000,000
Strike 13375 has a total call value of 841,111,500,000 versus a total put value of 0 Combined total value = 841,111,500,000
Strike 13400 has a total call value of 868,326,000,000 versus a total put value of 0 Combined total value = 868,326,000,000
Strike 13425 has a total call value of 896,041,687,500 versus a total put value of 0 Combined total value = 896,041,687,500
Strike 13450 has a total call value of 923,757,375,000 versus a total put value of 0 Combined total value = 923,757,375,000
Strike 13475 has a total call value of 951,473,062,500 versus a total put value of 0 Combined total value = 951,473,062,500
Strike 13500 has a total call value of 979,188,750,000 versus a total put value of 0 Combined total value = 979,188,750,000
Strike 13525 has a total call value of 1,007,858,437,500 versus a total put value of 0 Combined total value = 1,007,858,437,500
Strike 13550 has a total call value of 1,036,528,125,000 versus a total put value of 0 Combined total value = 1,036,528,125,000
Strike 13575 has a total call value of 1,065,197,812,500 versus a total put value of 0 Combined total value = 1,065,197,812,500
Strike 13600 has a total call value of 1,093,867,500,000 versus a total put value of 0 Combined total value = 1,093,867,500,000
Strike 13625 has a total call value of 1,122,595,687,500 versus a total put value of 0 Combined total value = 1,122,595,687,500
Strike 13650 has a total call value of 1,151,323,875,000 versus a total put value of 0 Combined total value = 1,151,323,875,000
Strike 13675 has a total call value of 1,180,052,062,500 versus a total put value of 0 Combined total value = 1,180,052,062,500
Strike 13700 has a total call value of 1,208,780,250,000 versus a total put value of 0 Combined total value = 1,208,780,250,000
Strike 13725 has a total call value of 1,237,669,125,000 versus a total put value of 0 Combined total value = 1,237,669,125,000
Strike 13750 has a total call value of 1,266,558,000,000 versus a total put value of 0 Combined total value = 1,266,558,000,000
Strike 13775 has a total call value of 1,295,446,875,000 versus a total put value of 0 Combined total value = 1,295,446,875,000
Strike 13800 has a total call value of 1,324,335,750,000 versus a total put value of 0 Combined total value = 1,324,335,750,000
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.