MIDCPNIFTY
Nifty Midcap Select
Max pain for MIDCPNIFTY
06 Sep 2024 04:13 PM IST
Max Pain for MIDCPNIFTY is 13100
Strike 10700 has a total call value of 0 versus a total put value of 4,624,527,875,000 Combined total value = 4,624,527,875,000
Strike 10725 has a total call value of 0 versus a total put value of 4,567,751,375,000 Combined total value = 4,567,751,375,000
Strike 10750 has a total call value of 0 versus a total put value of 4,510,974,875,000 Combined total value = 4,510,974,875,000
Strike 10775 has a total call value of 0 versus a total put value of 4,454,198,375,000 Combined total value = 4,454,198,375,000
Strike 10800 has a total call value of 0 versus a total put value of 4,397,421,875,000 Combined total value = 4,397,421,875,000
Strike 10825 has a total call value of 0 versus a total put value of 4,340,734,750,000 Combined total value = 4,340,734,750,000
Strike 10850 has a total call value of 0 versus a total put value of 4,284,047,625,000 Combined total value = 4,284,047,625,000
Strike 10875 has a total call value of 0 versus a total put value of 4,227,360,500,000 Combined total value = 4,227,360,500,000
Strike 10900 has a total call value of 0 versus a total put value of 4,170,673,375,000 Combined total value = 4,170,673,375,000
Strike 10925 has a total call value of 0 versus a total put value of 4,114,053,375,000 Combined total value = 4,114,053,375,000
Strike 10950 has a total call value of 0 versus a total put value of 4,057,433,375,000 Combined total value = 4,057,433,375,000
Strike 10975 has a total call value of 0 versus a total put value of 4,000,813,375,000 Combined total value = 4,000,813,375,000
Strike 11000 has a total call value of 0 versus a total put value of 3,944,193,375,000 Combined total value = 3,944,193,375,000
Strike 11025 has a total call value of 0 versus a total put value of 3,887,694,125,000 Combined total value = 3,887,694,125,000
Strike 11050 has a total call value of 0 versus a total put value of 3,831,194,875,000 Combined total value = 3,831,194,875,000
Strike 11075 has a total call value of 0 versus a total put value of 3,774,695,625,000 Combined total value = 3,774,695,625,000
Strike 11100 has a total call value of 0 versus a total put value of 3,718,196,375,000 Combined total value = 3,718,196,375,000
Strike 11125 has a total call value of 0 versus a total put value of 3,661,728,500,000 Combined total value = 3,661,728,500,000
Strike 11150 has a total call value of 0 versus a total put value of 3,605,260,625,000 Combined total value = 3,605,260,625,000
Strike 11175 has a total call value of 0 versus a total put value of 3,548,792,750,000 Combined total value = 3,548,792,750,000
Strike 11200 has a total call value of 0 versus a total put value of 3,492,324,875,000 Combined total value = 3,492,324,875,000
Strike 11225 has a total call value of 0 versus a total put value of 3,435,919,625,000 Combined total value = 3,435,919,625,000
Strike 11250 has a total call value of 0 versus a total put value of 3,379,514,375,000 Combined total value = 3,379,514,375,000
Strike 11275 has a total call value of 0 versus a total put value of 3,323,109,125,000 Combined total value = 3,323,109,125,000
Strike 11300 has a total call value of 0 versus a total put value of 3,266,703,875,000 Combined total value = 3,266,703,875,000
Strike 11325 has a total call value of 0 versus a total put value of 3,210,310,875,000 Combined total value = 3,210,310,875,000
Strike 11350 has a total call value of 0 versus a total put value of 3,153,917,875,000 Combined total value = 3,153,917,875,000
Strike 11375 has a total call value of 0 versus a total put value of 3,097,524,875,000 Combined total value = 3,097,524,875,000
Strike 11400 has a total call value of 0 versus a total put value of 3,041,131,875,000 Combined total value = 3,041,131,875,000
Strike 11425 has a total call value of 0 versus a total put value of 2,984,769,000,000 Combined total value = 2,984,769,000,000
Strike 11450 has a total call value of 0 versus a total put value of 2,928,406,125,000 Combined total value = 2,928,406,125,000
Strike 11475 has a total call value of 0 versus a total put value of 2,872,043,250,000 Combined total value = 2,872,043,250,000
Strike 11500 has a total call value of 0 versus a total put value of 2,815,680,375,000 Combined total value = 2,815,680,375,000
Strike 11525 has a total call value of 0 versus a total put value of 2,760,007,000,000 Combined total value = 2,760,007,000,000
Strike 11550 has a total call value of 0 versus a total put value of 2,704,335,125,000 Combined total value = 2,704,335,125,000
Strike 11575 has a total call value of 0 versus a total put value of 2,648,665,625,000 Combined total value = 2,648,665,625,000
Strike 11600 has a total call value of 0 versus a total put value of 2,592,998,375,000 Combined total value = 2,592,998,375,000
Strike 11625 has a total call value of 0 versus a total put value of 2,537,986,375,000 Combined total value = 2,537,986,375,000
Strike 11650 has a total call value of 0 versus a total put value of 2,482,974,375,000 Combined total value = 2,482,974,375,000
Strike 11675 has a total call value of 0 versus a total put value of 2,427,981,000,000 Combined total value = 2,427,981,000,000
Strike 11700 has a total call value of 0 versus a total put value of 2,372,987,625,000 Combined total value = 2,372,987,625,000
Strike 11725 has a total call value of 0 versus a total put value of 2,318,035,000,000 Combined total value = 2,318,035,000,000
Strike 11750 has a total call value of 0 versus a total put value of 2,263,082,375,000 Combined total value = 2,263,082,375,000
Strike 11775 has a total call value of 0 versus a total put value of 2,208,144,500,000 Combined total value = 2,208,144,500,000
Strike 11800 has a total call value of 0 versus a total put value of 2,153,206,625,000 Combined total value = 2,153,206,625,000
Strike 11825 has a total call value of 0 versus a total put value of 2,098,333,500,000 Combined total value = 2,098,333,500,000
Strike 11850 has a total call value of 0 versus a total put value of 2,043,460,375,000 Combined total value = 2,043,460,375,000
Strike 11875 has a total call value of 0 versus a total put value of 1,988,610,250,000 Combined total value = 1,988,610,250,000
Strike 11900 has a total call value of 0 versus a total put value of 1,933,760,375,000 Combined total value = 1,933,760,375,000
Strike 11925 has a total call value of 0 versus a total put value of 1,879,024,750,000 Combined total value = 1,879,024,750,000
Strike 11950 has a total call value of 0 versus a total put value of 1,824,289,250,000 Combined total value = 1,824,289,250,000
Strike 11975 has a total call value of 0 versus a total put value of 1,769,576,875,000 Combined total value = 1,769,576,875,000
Strike 12000 has a total call value of 0 versus a total put value of 1,714,864,500,000 Combined total value = 1,714,864,500,000
Strike 12025 has a total call value of 12,625,000 versus a total put value of 1,661,089,125,000 Combined total value = 1,661,101,750,000
Strike 12050 has a total call value of 25,250,000 versus a total put value of 1,607,313,750,000 Combined total value = 1,607,339,000,000
Strike 12075 has a total call value of 37,875,000 versus a total put value of 1,553,553,750,000 Combined total value = 1,553,591,625,000
Strike 12100 has a total call value of 50,500,000 versus a total put value of 1,499,826,875,000 Combined total value = 1,499,877,375,000
Strike 12125 has a total call value of 63,125,000 versus a total put value of 1,446,614,375,000 Combined total value = 1,446,677,500,000
Strike 12150 has a total call value of 75,750,000 versus a total put value of 1,393,408,500,000 Combined total value = 1,393,484,250,000
Strike 12175 has a total call value of 88,375,000 versus a total put value of 1,340,236,875,000 Combined total value = 1,340,325,250,000
Strike 12200 has a total call value of 101,000,000 versus a total put value of 1,287,092,500,000 Combined total value = 1,287,193,500,000
Strike 12225 has a total call value of 113,625,000 versus a total put value of 1,234,906,000,000 Combined total value = 1,235,019,625,000
Strike 12250 has a total call value of 126,250,000 versus a total put value of 1,182,748,250,000 Combined total value = 1,182,874,500,000
Strike 12275 has a total call value of 138,875,000 versus a total put value of 1,130,954,500,000 Combined total value = 1,131,093,375,000
Strike 12300 has a total call value of 151,500,000 versus a total put value of 1,079,201,375,000 Combined total value = 1,079,352,875,000
Strike 12325 has a total call value of 164,375,000 versus a total put value of 1,028,521,125,000 Combined total value = 1,028,685,500,000
Strike 12350 has a total call value of 177,250,000 versus a total put value of 977,908,750,000 Combined total value = 978,086,000,000
Strike 12375 has a total call value of 190,125,000 versus a total put value of 927,564,500,000 Combined total value = 927,754,625,000
Strike 12400 has a total call value of 203,000,000 versus a total put value of 877,407,750,000 Combined total value = 877,610,750,000
Strike 12425 has a total call value of 215,875,000 versus a total put value of 828,941,875,000 Combined total value = 829,157,750,000
Strike 12450 has a total call value of 228,750,000 versus a total put value of 780,637,250,000 Combined total value = 780,866,000,000
Strike 12475 has a total call value of 241,625,000 versus a total put value of 732,811,125,000 Combined total value = 733,052,750,000
Strike 12500 has a total call value of 254,500,000 versus a total put value of 685,187,750,000 Combined total value = 685,442,250,000
Strike 12525 has a total call value of 281,250,000 versus a total put value of 643,612,250,000 Combined total value = 643,893,500,000
Strike 12550 has a total call value of 308,000,000 versus a total put value of 602,384,375,000 Combined total value = 602,692,375,000
Strike 12575 has a total call value of 334,750,000 versus a total put value of 562,092,250,000 Combined total value = 562,427,000,000
Strike 12600 has a total call value of 361,500,000 versus a total put value of 521,990,875,000 Combined total value = 522,352,375,000
Strike 12625 has a total call value of 434,625,000 versus a total put value of 484,280,875,000 Combined total value = 484,715,500,000
Strike 12650 has a total call value of 509,125,000 versus a total put value of 446,887,500,000 Combined total value = 447,396,625,000
Strike 12675 has a total call value of 583,625,000 versus a total put value of 410,232,250,000 Combined total value = 410,815,875,000
Strike 12700 has a total call value of 658,125,000 versus a total put value of 374,106,125,000 Combined total value = 374,764,250,000
Strike 12725 has a total call value of 756,750,000 versus a total put value of 340,472,625,000 Combined total value = 341,229,375,000
Strike 12750 has a total call value of 855,375,000 versus a total put value of 307,344,500,000 Combined total value = 308,199,875,000
Strike 12775 has a total call value of 959,000,000 versus a total put value of 275,397,500,000 Combined total value = 276,356,500,000
Strike 12800 has a total call value of 1,065,500,000 versus a total put value of 244,626,375,000 Combined total value = 245,691,875,000
Strike 12825 has a total call value of 1,197,750,000 versus a total put value of 217,485,875,000 Combined total value = 218,683,625,000
Strike 12850 has a total call value of 1,332,750,000 versus a total put value of 192,340,500,000 Combined total value = 193,673,250,000
Strike 12875 has a total call value of 1,486,875,000 versus a total put value of 169,211,375,000 Combined total value = 170,698,250,000
Strike 12900 has a total call value of 1,663,000,000 versus a total put value of 147,029,375,000 Combined total value = 148,692,375,000
Strike 12925 has a total call value of 2,017,875,000 versus a total put value of 127,941,125,000 Combined total value = 129,959,000,000
Strike 12950 has a total call value of 2,425,625,000 versus a total put value of 110,182,750,000 Combined total value = 112,608,375,000
Strike 12975 has a total call value of 2,934,125,000 versus a total put value of 93,609,625,000 Combined total value = 96,543,750,000
Strike 13000 has a total call value of 3,569,875,000 versus a total put value of 77,689,125,000 Combined total value = 81,259,000,000
Strike 13025 has a total call value of 5,283,250,000 versus a total put value of 64,951,750,000 Combined total value = 70,235,000,000
Strike 13050 has a total call value of 7,349,125,000 versus a total put value of 52,944,125,000 Combined total value = 60,293,250,000
Strike 13075 has a total call value of 11,390,250,000 versus a total put value of 42,772,375,000 Combined total value = 54,162,625,000
Strike 13100 has a total call value of 16,722,875,000 versus a total put value of 33,229,750,000 Combined total value = 49,952,625,000
Strike 13125 has a total call value of 25,595,000,000 versus a total put value of 26,372,750,000 Combined total value = 51,967,750,000
Strike 13150 has a total call value of 36,058,750,000 versus a total put value of 19,916,500,000 Combined total value = 55,975,250,000
Strike 13175 has a total call value of 49,287,625,000 versus a total put value of 14,366,500,000 Combined total value = 63,654,125,000
Strike 13200 has a total call value of 64,105,250,000 versus a total put value of 9,229,500,000 Combined total value = 73,334,750,000
Strike 13225 has a total call value of 84,542,875,000 versus a total put value of 6,787,125,000 Combined total value = 91,330,000,000
Strike 13250 has a total call value of 106,464,125,000 versus a total put value of 4,722,500,000 Combined total value = 111,186,625,000
Strike 13275 has a total call value of 133,629,625,000 versus a total put value of 3,288,625,000 Combined total value = 136,918,250,000
Strike 13300 has a total call value of 163,061,875,000 versus a total put value of 2,242,000,000 Combined total value = 165,303,875,000
Strike 13325 has a total call value of 198,547,625,000 versus a total put value of 1,617,250,000 Combined total value = 200,164,875,000
Strike 13350 has a total call value of 235,562,250,000 versus a total put value of 1,130,625,000 Combined total value = 236,692,875,000
Strike 13375 has a total call value of 275,553,625,000 versus a total put value of 797,000,000 Combined total value = 276,350,625,000
Strike 13400 has a total call value of 316,821,750,000 versus a total put value of 511,875,000 Combined total value = 317,333,625,000
Strike 13425 has a total call value of 363,885,250,000 versus a total put value of 355,125,000 Combined total value = 364,240,375,000
Strike 13450 has a total call value of 412,327,250,000 versus a total put value of 233,500,000 Combined total value = 412,560,750,000
Strike 13475 has a total call value of 462,915,375,000 versus a total put value of 134,250,000 Combined total value = 463,049,625,000
Strike 13500 has a total call value of 514,842,500,000 versus a total put value of 47,875,000 Combined total value = 514,890,375,000
Strike 13525 has a total call value of 573,597,500,000 versus a total put value of 32,000,000 Combined total value = 573,629,500,000
Strike 13550 has a total call value of 633,246,750,000 versus a total put value of 17,250,000 Combined total value = 633,264,000,000
Strike 13575 has a total call value of 694,825,250,000 versus a total put value of 9,000,000 Combined total value = 694,834,250,000
Strike 13600 has a total call value of 757,060,375,000 versus a total put value of 1,750,000 Combined total value = 757,062,125,000
Strike 13625 has a total call value of 822,943,500,000 versus a total put value of 1,125,000 Combined total value = 822,944,625,000
Strike 13650 has a total call value of 889,435,625,000 versus a total put value of 500,000 Combined total value = 889,436,125,000
Strike 13675 has a total call value of 957,940,000,000 versus a total put value of 250,000 Combined total value = 957,940,250,000
Strike 13700 has a total call value of 1,026,679,250,000 versus a total put value of 0 Combined total value = 1,026,679,250,000
Strike 13725 has a total call value of 1,098,507,125,000 versus a total put value of 0 Combined total value = 1,098,507,125,000
Strike 13750 has a total call value of 1,170,659,625,000 versus a total put value of 0 Combined total value = 1,170,659,625,000
Strike 13775 has a total call value of 1,243,265,250,000 versus a total put value of 0 Combined total value = 1,243,265,250,000
Strike 13800 has a total call value of 1,316,069,125,000 versus a total put value of 0 Combined total value = 1,316,069,125,000
Strike 13825 has a total call value of 1,391,991,500,000 versus a total put value of 0 Combined total value = 1,391,991,500,000
Strike 13850 has a total call value of 1,468,069,625,000 versus a total put value of 0 Combined total value = 1,468,069,625,000
Strike 13875 has a total call value of 1,544,507,625,000 versus a total put value of 0 Combined total value = 1,544,507,625,000
Strike 13900 has a total call value of 1,620,996,875,000 versus a total put value of 0 Combined total value = 1,620,996,875,000
Strike 13925 has a total call value of 1,698,474,375,000 versus a total put value of 0 Combined total value = 1,698,474,375,000
Strike 13950 has a total call value of 1,775,962,625,000 versus a total put value of 0 Combined total value = 1,775,962,625,000
Strike 13975 has a total call value of 1,853,508,375,000 versus a total put value of 0 Combined total value = 1,853,508,375,000
Strike 14000 has a total call value of 1,931,089,500,000 versus a total put value of 0 Combined total value = 1,931,089,500,000
Strike 14025 has a total call value of 2,013,159,625,000 versus a total put value of 0 Combined total value = 2,013,159,625,000
Strike 14050 has a total call value of 2,095,255,125,000 versus a total put value of 0 Combined total value = 2,095,255,125,000
Strike 14075 has a total call value of 2,177,350,625,000 versus a total put value of 0 Combined total value = 2,177,350,625,000
Strike 14100 has a total call value of 2,259,446,125,000 versus a total put value of 0 Combined total value = 2,259,446,125,000
Strike 14125 has a total call value of 2,341,835,625,000 versus a total put value of 0 Combined total value = 2,341,835,625,000
Strike 14150 has a total call value of 2,424,225,125,000 versus a total put value of 0 Combined total value = 2,424,225,125,000
Strike 14175 has a total call value of 2,506,614,625,000 versus a total put value of 0 Combined total value = 2,506,614,625,000
Strike 14200 has a total call value of 2,589,004,125,000 versus a total put value of 0 Combined total value = 2,589,004,125,000
Strike 14225 has a total call value of 2,672,551,375,000 versus a total put value of 0 Combined total value = 2,672,551,375,000
Strike 14250 has a total call value of 2,756,098,625,000 versus a total put value of 0 Combined total value = 2,756,098,625,000
Strike 14275 has a total call value of 2,839,645,875,000 versus a total put value of 0 Combined total value = 2,839,645,875,000
Strike 14300 has a total call value of 2,923,193,125,000 versus a total put value of 0 Combined total value = 2,923,193,125,000
Strike 14325 has a total call value of 3,007,230,500,000 versus a total put value of 0 Combined total value = 3,007,230,500,000
Strike 14350 has a total call value of 3,091,267,875,000 versus a total put value of 0 Combined total value = 3,091,267,875,000
Strike 14375 has a total call value of 3,175,305,250,000 versus a total put value of 0 Combined total value = 3,175,305,250,000
Strike 14400 has a total call value of 3,259,342,625,000 versus a total put value of 0 Combined total value = 3,259,342,625,000
Strike 14425 has a total call value of 3,343,814,250,000 versus a total put value of 0 Combined total value = 3,343,814,250,000
Strike 14450 has a total call value of 3,428,285,875,000 versus a total put value of 0 Combined total value = 3,428,285,875,000
Strike 14475 has a total call value of 3,512,757,500,000 versus a total put value of 0 Combined total value = 3,512,757,500,000
Strike 14500 has a total call value of 3,597,229,125,000 versus a total put value of 0 Combined total value = 3,597,229,125,000
Strike 14525 has a total call value of 3,682,395,125,000 versus a total put value of 0 Combined total value = 3,682,395,125,000
Strike 14550 has a total call value of 3,767,561,125,000 versus a total put value of 0 Combined total value = 3,767,561,125,000
Strike 14575 has a total call value of 3,852,727,125,000 versus a total put value of 0 Combined total value = 3,852,727,125,000
Strike 14600 has a total call value of 3,937,893,125,000 versus a total put value of 0 Combined total value = 3,937,893,125,000
Strike 14625 has a total call value of 4,023,982,125,000 versus a total put value of 0 Combined total value = 4,023,982,125,000
Strike 14650 has a total call value of 4,110,071,125,000 versus a total put value of 0 Combined total value = 4,110,071,125,000
Strike 14675 has a total call value of 4,196,160,125,000 versus a total put value of 0 Combined total value = 4,196,160,125,000
Strike 14700 has a total call value of 4,282,249,125,000 versus a total put value of 0 Combined total value = 4,282,249,125,000
Strike 14725 has a total call value of 4,368,805,000,000 versus a total put value of 0 Combined total value = 4,368,805,000,000
Strike 14750 has a total call value of 4,455,360,875,000 versus a total put value of 0 Combined total value = 4,455,360,875,000
Strike 14775 has a total call value of 4,541,916,750,000 versus a total put value of 0 Combined total value = 4,541,916,750,000
Strike 14800 has a total call value of 4,628,472,625,000 versus a total put value of 0 Combined total value = 4,628,472,625,000
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.