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MIDCPNIFTY

Nifty Midcap Select
13946.55 +71.35 (0.51%)
L: 13833.4 H: 13996.2
Max Pain - MIDCPNIFTY
05 Dec 2025 02:54 PM IST
Live


Strike  11400  has a total call value of 0  versus a total put value of  1,349,505,500,000 Combined total value = 1,349,505,500,000

Strike  11425  has a total call value of 0  versus a total put value of  1,333,835,650,000 Combined total value = 1,333,835,650,000

Strike  11450  has a total call value of 0  versus a total put value of  1,318,165,800,000 Combined total value = 1,318,165,800,000

Strike  11475  has a total call value of 0  versus a total put value of  1,302,495,950,000 Combined total value = 1,302,495,950,000

Strike  11500  has a total call value of 0  versus a total put value of  1,286,826,100,000 Combined total value = 1,286,826,100,000

Strike  11525  has a total call value of 0  versus a total put value of  1,271,156,250,000 Combined total value = 1,271,156,250,000

Strike  11550  has a total call value of 0  versus a total put value of  1,255,486,400,000 Combined total value = 1,255,486,400,000

Strike  11575  has a total call value of 0  versus a total put value of  1,239,816,550,000 Combined total value = 1,239,816,550,000

Strike  11600  has a total call value of 0  versus a total put value of  1,224,146,700,000 Combined total value = 1,224,146,700,000

Strike  11625  has a total call value of 0  versus a total put value of  1,208,476,850,000 Combined total value = 1,208,476,850,000

Strike  11650  has a total call value of 0  versus a total put value of  1,192,807,000,000 Combined total value = 1,192,807,000,000

Strike  11675  has a total call value of 0  versus a total put value of  1,177,137,150,000 Combined total value = 1,177,137,150,000

Strike  11700  has a total call value of 0  versus a total put value of  1,161,467,300,000 Combined total value = 1,161,467,300,000

Strike  11725  has a total call value of 0  versus a total put value of  1,145,797,450,000 Combined total value = 1,145,797,450,000

Strike  11750  has a total call value of 0  versus a total put value of  1,130,127,600,000 Combined total value = 1,130,127,600,000

Strike  11775  has a total call value of 0  versus a total put value of  1,114,457,750,000 Combined total value = 1,114,457,750,000

Strike  11800  has a total call value of 0  versus a total put value of  1,098,787,900,000 Combined total value = 1,098,787,900,000

Strike  11825  has a total call value of 0  versus a total put value of  1,083,118,050,000 Combined total value = 1,083,118,050,000

Strike  11850  has a total call value of 0  versus a total put value of  1,067,448,200,000 Combined total value = 1,067,448,200,000

Strike  11875  has a total call value of 0  versus a total put value of  1,051,778,350,000 Combined total value = 1,051,778,350,000

Strike  11900  has a total call value of 0  versus a total put value of  1,036,108,500,000 Combined total value = 1,036,108,500,000

Strike  11925  has a total call value of 0  versus a total put value of  1,020,438,650,000 Combined total value = 1,020,438,650,000

Strike  11950  has a total call value of 0  versus a total put value of  1,004,768,800,000 Combined total value = 1,004,768,800,000

Strike  11975  has a total call value of 0  versus a total put value of  989,098,950,000 Combined total value = 989,098,950,000

Strike  12000  has a total call value of 0  versus a total put value of  973,429,100,000 Combined total value = 973,429,100,000

Strike  12025  has a total call value of 0  versus a total put value of  957,989,200,000 Combined total value = 957,989,200,000

Strike  12050  has a total call value of 0  versus a total put value of  942,549,300,000 Combined total value = 942,549,300,000

Strike  12075  has a total call value of 0  versus a total put value of  927,109,400,000 Combined total value = 927,109,400,000

Strike  12100  has a total call value of 0  versus a total put value of  911,674,400,000 Combined total value = 911,674,400,000

Strike  12125  has a total call value of 0  versus a total put value of  896,239,400,000 Combined total value = 896,239,400,000

Strike  12150  has a total call value of 0  versus a total put value of  880,804,400,000 Combined total value = 880,804,400,000

Strike  12175  has a total call value of 0  versus a total put value of  865,369,400,000 Combined total value = 865,369,400,000

Strike  12200  has a total call value of 0  versus a total put value of  849,934,400,000 Combined total value = 849,934,400,000

Strike  12225  has a total call value of 0  versus a total put value of  834,499,400,000 Combined total value = 834,499,400,000

Strike  12250  has a total call value of 0  versus a total put value of  819,064,400,000 Combined total value = 819,064,400,000

Strike  12275  has a total call value of 0  versus a total put value of  803,629,400,000 Combined total value = 803,629,400,000

Strike  12300  has a total call value of 0  versus a total put value of  788,194,400,000 Combined total value = 788,194,400,000

Strike  12325  has a total call value of 0  versus a total put value of  772,764,650,000 Combined total value = 772,764,650,000

Strike  12350  has a total call value of 0  versus a total put value of  757,334,900,000 Combined total value = 757,334,900,000

Strike  12375  has a total call value of 0  versus a total put value of  741,905,150,000 Combined total value = 741,905,150,000

Strike  12400  has a total call value of 0  versus a total put value of  726,475,400,000 Combined total value = 726,475,400,000

Strike  12425  has a total call value of 0  versus a total put value of  711,045,650,000 Combined total value = 711,045,650,000

Strike  12450  has a total call value of 0  versus a total put value of  695,615,900,000 Combined total value = 695,615,900,000

Strike  12475  has a total call value of 0  versus a total put value of  680,189,300,000 Combined total value = 680,189,300,000

Strike  12500  has a total call value of 0  versus a total put value of  664,766,200,000 Combined total value = 664,766,200,000

Strike  12525  has a total call value of 0  versus a total put value of  649,645,850,000 Combined total value = 649,645,850,000

Strike  12550  has a total call value of 0  versus a total put value of  634,529,000,000 Combined total value = 634,529,000,000

Strike  12575  has a total call value of 0  versus a total put value of  619,415,650,000 Combined total value = 619,415,650,000

Strike  12600  has a total call value of 0  versus a total put value of  604,306,150,000 Combined total value = 604,306,150,000

Strike  12625  has a total call value of 0  versus a total put value of  589,207,500,000 Combined total value = 589,207,500,000

Strike  12650  has a total call value of 0  versus a total put value of  574,108,850,000 Combined total value = 574,108,850,000

Strike  12675  has a total call value of 0  versus a total put value of  559,013,350,000 Combined total value = 559,013,350,000

Strike  12700  has a total call value of 0  versus a total put value of  543,921,700,000 Combined total value = 543,921,700,000

Strike  12725  has a total call value of 0  versus a total put value of  528,852,100,000 Combined total value = 528,852,100,000

Strike  12750  has a total call value of 0  versus a total put value of  513,789,150,000 Combined total value = 513,789,150,000

Strike  12775  has a total call value of 0  versus a total put value of  498,753,500,000 Combined total value = 498,753,500,000

Strike  12800  has a total call value of 0  versus a total put value of  483,720,300,000 Combined total value = 483,720,300,000

Strike  12825  has a total call value of 0  versus a total put value of  469,072,100,000 Combined total value = 469,072,100,000

Strike  12850  has a total call value of 0  versus a total put value of  454,425,300,000 Combined total value = 454,425,300,000

Strike  12875  has a total call value of 0  versus a total put value of  439,782,000,000 Combined total value = 439,782,000,000

Strike  12900  has a total call value of 0  versus a total put value of  425,145,700,000 Combined total value = 425,145,700,000

Strike  12925  has a total call value of 0  versus a total put value of  410,589,200,000 Combined total value = 410,589,200,000

Strike  12950  has a total call value of 0  versus a total put value of  396,047,050,000 Combined total value = 396,047,050,000

Strike  12975  has a total call value of 0  versus a total put value of  381,513,300,000 Combined total value = 381,513,300,000

Strike  13000  has a total call value of 0  versus a total put value of  367,004,400,000 Combined total value = 367,004,400,000

Strike  13025  has a total call value of 78,400,000  versus a total put value of  353,916,850,000 Combined total value = 353,995,250,000

Strike  13050  has a total call value of 156,800,000  versus a total put value of  340,849,250,000 Combined total value = 341,006,050,000

Strike  13075  has a total call value of 235,200,000  versus a total put value of  327,785,500,000 Combined total value = 328,020,700,000

Strike  13100  has a total call value of 313,600,000  versus a total put value of  314,721,750,000 Combined total value = 315,035,350,000

Strike  13125  has a total call value of 392,000,000  versus a total put value of  302,493,450,000 Combined total value = 302,885,450,000

Strike  13150  has a total call value of 470,400,000  versus a total put value of  290,285,450,000 Combined total value = 290,755,850,000

Strike  13175  has a total call value of 548,800,000  versus a total put value of  278,077,450,000 Combined total value = 278,626,250,000

Strike  13200  has a total call value of 627,200,000  versus a total put value of  265,869,450,000 Combined total value = 266,496,650,000

Strike  13225  has a total call value of 705,600,000  versus a total put value of  254,506,350,000 Combined total value = 255,211,950,000

Strike  13250  has a total call value of 784,000,000  versus a total put value of  243,162,150,000 Combined total value = 243,946,150,000

Strike  13275  has a total call value of 862,400,000  versus a total put value of  231,817,950,000 Combined total value = 232,680,350,000

Strike  13300  has a total call value of 940,800,000  versus a total put value of  220,497,200,000 Combined total value = 221,438,000,000

Strike  13325  has a total call value of 1,019,200,000  versus a total put value of  210,112,350,000 Combined total value = 211,131,550,000

Strike  13350  has a total call value of 1,097,600,000  versus a total put value of  199,727,500,000 Combined total value = 200,825,100,000

Strike  13375  has a total call value of 1,176,000,000  versus a total put value of  189,361,900,000 Combined total value = 190,537,900,000

Strike  13400  has a total call value of 1,254,400,000  versus a total put value of  179,035,850,000 Combined total value = 180,290,250,000

Strike  13425  has a total call value of 1,332,800,000  versus a total put value of  169,362,550,000 Combined total value = 170,695,350,000

Strike  13450  has a total call value of 1,411,200,000  versus a total put value of  159,689,250,000 Combined total value = 161,100,450,000

Strike  13475  has a total call value of 1,489,600,000  versus a total put value of  150,015,950,000 Combined total value = 151,505,550,000

Strike  13500  has a total call value of 1,568,000,000  versus a total put value of  140,353,500,000 Combined total value = 141,921,500,000

Strike  13525  has a total call value of 1,866,550,000  versus a total put value of  132,197,800,000 Combined total value = 134,064,350,000

Strike  13550  has a total call value of 2,165,100,000  versus a total put value of  124,056,800,000 Combined total value = 126,221,900,000

Strike  13575  has a total call value of 2,463,650,000  versus a total put value of  115,932,250,000 Combined total value = 118,395,900,000

Strike  13600  has a total call value of 2,762,200,000  versus a total put value of  107,826,600,000 Combined total value = 110,588,800,000

Strike  13625  has a total call value of 3,075,100,000  versus a total put value of  100,623,950,000 Combined total value = 103,699,050,000

Strike  13650  has a total call value of 3,388,000,000  versus a total put value of  93,460,150,000 Combined total value = 96,848,150,000

Strike  13675  has a total call value of 3,700,900,000  versus a total put value of  86,331,350,000 Combined total value = 90,032,250,000

Strike  13700  has a total call value of 4,015,200,000  versus a total put value of  79,212,350,000 Combined total value = 83,227,550,000

Strike  13725  has a total call value of 4,365,900,000  versus a total put value of  72,768,850,000 Combined total value = 77,134,750,000

Strike  13750  has a total call value of 4,724,300,000  versus a total put value of  66,348,450,000 Combined total value = 71,072,750,000

Strike  13775  has a total call value of 5,092,850,000  versus a total put value of  59,984,050,000 Combined total value = 65,076,900,000

Strike  13800  has a total call value of 5,470,150,000  versus a total put value of  53,654,300,000 Combined total value = 59,124,450,000

Strike  13825  has a total call value of 6,110,300,000  versus a total put value of  48,142,850,000 Combined total value = 54,253,150,000

Strike  13850  has a total call value of 6,771,800,000  versus a total put value of  42,683,200,000 Combined total value = 49,455,000,000

Strike  13875  has a total call value of 7,486,850,000  versus a total put value of  37,322,250,000 Combined total value = 44,809,100,000

Strike  13900  has a total call value of 8,250,550,000  versus a total put value of  32,023,250,000 Combined total value = 40,273,800,000

Strike  13925  has a total call value of 9,508,800,000  versus a total put value of  27,443,850,000 Combined total value = 36,952,650,000

Strike  13950  has a total call value of 10,864,000,000  versus a total put value of  22,960,700,000 Combined total value = 33,824,700,000

Strike  13975  has a total call value of 12,379,150,000  versus a total put value of  18,707,500,000 Combined total value = 31,086,650,000

Strike  14000  has a total call value of 13,962,550,000  versus a total put value of  14,514,500,000 Combined total value = 28,477,050,000

Strike  14025  has a total call value of 17,936,800,000  versus a total put value of  12,752,950,000 Combined total value = 30,689,750,000

Strike  14050  has a total call value of 21,998,900,000  versus a total put value of  11,057,550,000 Combined total value = 33,056,450,000

Strike  14075  has a total call value of 26,320,000,000  versus a total put value of  9,450,700,000 Combined total value = 35,770,700,000

Strike  14100  has a total call value of 30,735,250,000  versus a total put value of  7,896,350,000 Combined total value = 38,631,600,000

Strike  14125  has a total call value of 37,067,100,000  versus a total put value of  7,206,150,000 Combined total value = 44,273,250,000

Strike  14150  has a total call value of 43,481,550,000  versus a total put value of  6,552,700,000 Combined total value = 50,034,250,000

Strike  14175  has a total call value of 50,058,400,000  versus a total put value of  5,979,750,000 Combined total value = 56,038,150,000

Strike  14200  has a total call value of 56,677,950,000  versus a total put value of  5,406,800,000 Combined total value = 62,084,750,000

Strike  14225  has a total call value of 64,089,900,000  versus a total put value of  5,004,650,000 Combined total value = 69,094,550,000

Strike  14250  has a total call value of 71,537,200,000  versus a total put value of  4,602,500,000 Combined total value = 76,139,700,000

Strike  14275  has a total call value of 79,102,100,000  versus a total put value of  4,220,300,000 Combined total value = 83,322,400,000

Strike  14300  has a total call value of 86,710,050,000  versus a total put value of  3,851,400,000 Combined total value = 90,561,450,000

Strike  14325  has a total call value of 95,399,150,000  versus a total put value of  3,643,150,000 Combined total value = 99,042,300,000

Strike  14350  has a total call value of 104,126,400,000  versus a total put value of  3,434,900,000 Combined total value = 107,561,300,000

Strike  14375  has a total call value of 113,317,400,000  versus a total put value of  3,226,650,000 Combined total value = 116,544,050,000

Strike  14400  has a total call value of 122,508,400,000  versus a total put value of  3,018,400,000 Combined total value = 125,526,800,000

Strike  14425  has a total call value of 132,587,700,000  versus a total put value of  2,837,800,000 Combined total value = 135,425,500,000

Strike  14450  has a total call value of 142,710,750,000  versus a total put value of  2,657,200,000 Combined total value = 145,367,950,000

Strike  14475  has a total call value of 152,909,750,000  versus a total put value of  2,476,600,000 Combined total value = 155,386,350,000

Strike  14500  has a total call value of 163,128,350,000  versus a total put value of  2,296,000,000 Combined total value = 165,424,350,000

Strike  14525  has a total call value of 175,564,550,000  versus a total put value of  2,181,200,000 Combined total value = 177,745,750,000

Strike  14550  has a total call value of 188,000,750,000  versus a total put value of  2,066,400,000 Combined total value = 190,067,150,000

Strike  14575  has a total call value of 200,436,950,000  versus a total put value of  1,951,600,000 Combined total value = 202,388,550,000

Strike  14600  has a total call value of 212,873,150,000  versus a total put value of  1,836,800,000 Combined total value = 214,709,950,000

Strike  14625  has a total call value of 226,116,100,000  versus a total put value of  1,722,000,000 Combined total value = 227,838,100,000

Strike  14650  has a total call value of 239,359,050,000  versus a total put value of  1,607,200,000 Combined total value = 240,966,250,000

Strike  14675  has a total call value of 252,714,350,000  versus a total put value of  1,492,400,000 Combined total value = 254,206,750,000

Strike  14700  has a total call value of 266,109,200,000  versus a total put value of  1,377,600,000 Combined total value = 267,486,800,000

Strike  14725  has a total call value of 280,382,900,000  versus a total put value of  1,262,800,000 Combined total value = 281,645,700,000

Strike  14750  has a total call value of 294,656,600,000  versus a total put value of  1,148,000,000 Combined total value = 295,804,600,000

Strike  14775  has a total call value of 308,930,300,000  versus a total put value of  1,033,200,000 Combined total value = 309,963,500,000

Strike  14800  has a total call value of 323,204,000,000  versus a total put value of  918,400,000 Combined total value = 324,122,400,000

Strike  14825  has a total call value of 338,753,100,000  versus a total put value of  803,600,000 Combined total value = 339,556,700,000

Strike  14850  has a total call value of 354,302,200,000  versus a total put value of  688,800,000 Combined total value = 354,991,000,000

Strike  14875  has a total call value of 369,851,300,000  versus a total put value of  574,000,000 Combined total value = 370,425,300,000

Strike  14900  has a total call value of 385,400,400,000  versus a total put value of  459,200,000 Combined total value = 385,859,600,000

Strike  14925  has a total call value of 401,209,900,000  versus a total put value of  344,400,000 Combined total value = 401,554,300,000

Strike  14950  has a total call value of 417,019,400,000  versus a total put value of  229,600,000 Combined total value = 417,249,000,000

Strike  14975  has a total call value of 432,828,900,000  versus a total put value of  114,800,000 Combined total value = 432,943,700,000

Strike  15000  has a total call value of 448,638,400,000  versus a total put value of  0 Combined total value = 448,638,400,000

Strike  15025  has a total call value of 466,284,000,000  versus a total put value of  0 Combined total value = 466,284,000,000

Strike  15050  has a total call value of 483,929,600,000  versus a total put value of  0 Combined total value = 483,929,600,000

Strike  15075  has a total call value of 501,575,200,000  versus a total put value of  0 Combined total value = 501,575,200,000

Strike  15100  has a total call value of 519,220,800,000  versus a total put value of  0 Combined total value = 519,220,800,000

Strike  15125  has a total call value of 536,931,500,000  versus a total put value of  0 Combined total value = 536,931,500,000

Strike  15150  has a total call value of 554,642,200,000  versus a total put value of  0 Combined total value = 554,642,200,000

Strike  15175  has a total call value of 572,352,900,000  versus a total put value of  0 Combined total value = 572,352,900,000

Strike  15200  has a total call value of 590,063,600,000  versus a total put value of  0 Combined total value = 590,063,600,000

Strike  15225  has a total call value of 607,779,550,000  versus a total put value of  0 Combined total value = 607,779,550,000

Strike  15250  has a total call value of 625,495,500,000  versus a total put value of  0 Combined total value = 625,495,500,000

Strike  15275  has a total call value of 643,211,450,000  versus a total put value of  0 Combined total value = 643,211,450,000

Strike  15300  has a total call value of 660,927,400,000  versus a total put value of  0 Combined total value = 660,927,400,000

Strike  15325  has a total call value of 678,791,400,000  versus a total put value of  0 Combined total value = 678,791,400,000

Strike  15350  has a total call value of 696,655,400,000  versus a total put value of  0 Combined total value = 696,655,400,000

Strike  15375  has a total call value of 714,519,400,000  versus a total put value of  0 Combined total value = 714,519,400,000

Strike  15400  has a total call value of 732,383,400,000  versus a total put value of  0 Combined total value = 732,383,400,000

Strike  15425  has a total call value of 750,254,400,000  versus a total put value of  0 Combined total value = 750,254,400,000

Strike  15450  has a total call value of 768,125,400,000  versus a total put value of  0 Combined total value = 768,125,400,000

Strike  15475  has a total call value of 785,996,400,000  versus a total put value of  0 Combined total value = 785,996,400,000

Strike  15500  has a total call value of 803,867,400,000  versus a total put value of  0 Combined total value = 803,867,400,000

Strike  15525  has a total call value of 821,940,700,000  versus a total put value of  0 Combined total value = 821,940,700,000

Strike  15550  has a total call value of 840,014,000,000  versus a total put value of  0 Combined total value = 840,014,000,000

Strike  15575  has a total call value of 858,087,300,000  versus a total put value of  0 Combined total value = 858,087,300,000

Strike  15600  has a total call value of 876,160,600,000  versus a total put value of  0 Combined total value = 876,160,600,000

Max-Pain Table for Stocks
  Note:- click on symbol to see more detailed view
Max Pain Table (Stocks)
Symbol Symbol Ltp Max Pain
360ONE 1142.3 1140
ABB 5155.5 5150
ABCAPITAL 357.6 350
ADANIENSOL 973.05 980
ADANIENT 2255 2300
ADANIGREEN 1011.2 1020
ADANIPORTS 1507 1500
ALKEM 5656.5 5700
AMBER 6474.5 6500
AMBUJACEM 532.45 550
ANGELONE 2634.3 2650
APLAPOLLO 1766.7 1760
APOLLOHOSP 7169.5 7350
ASHOKLEY 160.24 157
ASIANPAINT 2959.8 2920
ASTRAL 1458.1 1460
AUBANK 957.95 940
AUROPHARMA 1213.5 1220
AXISBANK 1279.8 1280
BAJAJ-AUTO 9096 9100
BAJAJFINSV 2094.6 2080
BAJFINANCE 1048.7 1030
BANDHANBNK 139.94 150
BANKBARODA 292.55 292.5
BANKINDIA 142.77 145
BDL 1502.8 1520
BEL 405.5 410
BHARATFORG 1401.8 1400
BHARTIARTL 2101.2 2100
BHEL 276.3 285
BIOCON 390.85 400
BLUESTARCO 1723.8 1760
BOSCHLTD 36870 36500
BPCL 359.3 362.5
BRITANNIA 5949.5 5850
BSE 2808.4 2800
CAMS 771.1 780
CANBK 148.62 150
CDSL 1540.6 1600
CGPOWER 658.8 680
CHOLAFIN 1722.9 1700
CIPLA 1517.5 1530
COALINDIA 378.85 380
COFORGE 1971.1 1860
COLPAL 2160.6 2180
CONCOR 510.7 520
CROMPTON 259.6 270
CUMMINSIND 4459.1 4500
CYIENT 1165.2 1160
DABUR 508.3 515
DALBHARAT 1981.7 2000
DELHIVERY 404.05 420
DIVISLAB 6444.5 6450
DIXON 13704 14500
DLF 715.8 730
DMART 3936.3 4000
DRREDDY 1273.3 1270
EICHERMOT 7191 7100
ETERNAL 292.8 305
EXIDEIND 378.85 380
FEDERALBNK 258.8 255
FORTIS 883.7 910
GAIL 169.84 175
GLENMARK 1960.9 1940
GMRAIRPORT 103.42 102
GODREJCP 1129.4 1140
GODREJPROP 2072.8 2100
GRASIM 2740 2760
HAL 4433.5 4500
HAVELLS 1434.6 1440
HCLTECH 1680.5 1640
HDFCAMC 2568 2650
HDFCBANK 1001.5 1000
HDFCLIFE 767.4 770
HEROMOTOCO 6348 6200
HFCL 68.49 70
HINDALCO 822.75 800
HINDPETRO 449.7 455
HINDUNILVR 2340 2360
HINDZINC 496.55 490
HUDCO 224.39 230
ICICIBANK 1390.6 1380
ICICIGI 1971.8 2000
ICICIPRULI 623.45 620
IDEA 10.73 10
IDFCFIRSTB 80.79 80
IEX 144.68 145
IIFL 565.85 570
INDHOTEL 729.4 740
INDIANB 810 830
INDIGO 5375 5500
INDUSINDBK 868.3 860
INDUSTOWER 413.7 410
INFY 1614.6 1600
INOXWIND 129.43 137.5
IOC 163.1 164
IRCTC 672.05 690
IREDA 132.16 140
IRFC 113.94 117
ITC 404.6 405
JINDALSTEL 1002.2 1030
JIOFIN 302.9 305
JSWENERGY 455.2 480
JSWSTEEL 1158.4 1150
JUBLFOOD 591.25 600
KALYANKJIL 490.2 490
KAYNES 4406.5 5000
KEI 4154.3 4150
KFINTECH 1060.4 1080
KOTAKBANK 2153.4 2120
KPITTECH 1267.3 1240
LAURUSLABS 1021 1000
LICHSGFIN 539.8 550
LICI 868.2 900
LODHA 1106.2 1140
LT 4032.4 4020
LTF 308.6 305
LTIM 6269 6200
LUPIN 2090.5 2080
M&M 3712 3700
MANAPPURAM 277.65 280
MANKIND 2196.3 2250
MARICO 733.85 730
MARUTI 16202 16100
MAXHEALTH 1094.7 1120
MAZDOCK 2604.5 2700
MCX 10319 10100
MFSL 1682.9 1700
MOTHERSON 116.65 115
MPHASIS 2946 2900
MUTHOOTFIN 3779.2 3700
NATIONALUM 272.75 265
NAUKRI 1383.9 1380
NBCC 111.55 115
NCC 167.4 172.5
NESTLEIND 1240.4 1260
NHPC 76.88 78
NMDC 76.15 76
NTPC 322.5 325
NUVAMA 7140.5 7200
NYKAA 253 260
OBEROIRLTY 1645.3 1660
OFSS 8202 8200
OIL 410.3 415
ONGC 241.59 244
PAGEIND 37400 38000
PATANJALI 546.3 550
PAYTM 1336.9 1320
PERSISTENT 6503.5 6400
PETRONET 274.05 280
PFC 351.6 365
PGEL 549.3 570
PHOENIXLTD 1717.9 1740
PIDILITIND 1471.4 1480
PIIND 3384 3450
PNB 121.43 122
PNBHOUSING 898.9 900
POLICYBZR 1886.9 1860
POLYCAB 7210 7400
POWERGRID 269.4 275
POWERINDIA 19275 20500
PPLPHARMA 179.14 185
PRESTIGE 1675.6 1680
RBLBANK 305.35 310
RECLTD 352 360
RELIANCE 1536.4 1540
RVNL 309.25 315
SAIL 132.32 135
SAMMAANCAP 147.34 160
SBICARD 881.9 880
SBILIFE 2024.9 2020
SBIN 971.5 970
SHREECEM 26050 26500
SHRIRAMFIN 852.15 840
SIEMENS 3311.1 3300
SOLARINDS 12732 13250
SONACOMS 490.95 500
SRF 2872.4 2900
SUNPHARMA 1801.9 1800
SUPREMEIND 3355.6 3450
SUZLON 51.09 54
SYNGENE 636.75 640
TATACONSUM 1161.2 1170
TATAELXSI 5207 5300
TATAMOTORS 0 320
TATAPOWER 383 390
TATASTEEL 166.77 170
TATATECH 664.75 680
TCS 3237.7 3200
TECHM 1569.4 1520
TIINDIA 2662.5 2800
TITAGARH 785.85 820
TITAN 3816.8 3860
TMPV 353.4 360
TORNTPHARM 3778.5 3750
TORNTPOWER 1277.3 1300
TRENT 4172.7 4300
TVSMOTOR 3650.1 3600
ULTRACEMCO 11594 11700
UNIONBANK 152.84 155
UNITDSPR 1450 1450
UNOMINDA 1265.1 1300
UPL 756.2 760
VBL 478.1 470
VEDL 524.25 520
VOLTAS 1321.3 1360
WIPRO 259.47 255
YESBANK 22.53 23
ZYDUSLIFE 929.55 940

Note:
Stock LTP > Max Pain Bearish Trend
Stock LTP < Max Pain Bullish Trend
Frequently Asked Questions

Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation.

The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.

Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. Here's the step-by-step process:

  1. For each strike price: Calculate the difference between the current stock price and the strike price.
  2. Multiply by Open Interest: Multiply this difference by the open interest (number of contracts) at that strike for both call and put options.
  3. Sum the values: Add together the dollar value for put options and call options at each strike price.
  4. Repeat for all strikes: Perform this calculation for every available strike price in the option chain.
  5. Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price.

This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.

Traders can incorporate Max Pain analysis into their trading strategy in several ways:

  • Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level.
  • Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes.
  • Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly.
  • Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration.
  • Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.

Max Pain provides insights into potential stock price behavior, especially near option expiration:

  • Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions.
  • Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost.
  • Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears.
  • Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities.

Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.

Max Pain is a dynamic value that changes continuously based on several factors:

  • Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation.
  • Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations.
  • Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements.
  • New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest.

For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.

Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading:

  • Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately.
  • Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading.

The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.

No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why:

  • Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions.
  • Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts.
  • Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum.
  • Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level.
  • Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target.

Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.

Max Pain becomes increasingly relevant as option expiration approaches:

  • Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur.
  • Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations.
  • High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure.
  • Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement.
  • Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement.

While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.