MIDCPNIFTY
Nifty Midcap Select
Max pain for MIDCPNIFTY
21 Nov 2024 04:13 PM IST
Max Pain for MIDCPNIFTY is 12175
Strike 10600 has a total call value of 0 versus a total put value of 1,312,083,000,000 Combined total value = 1,312,083,000,000
Strike 10625 has a total call value of 0 versus a total put value of 1,284,498,500,000 Combined total value = 1,284,498,500,000
Strike 10650 has a total call value of 0 versus a total put value of 1,256,914,000,000 Combined total value = 1,256,914,000,000
Strike 10675 has a total call value of 0 versus a total put value of 1,229,329,500,000 Combined total value = 1,229,329,500,000
Strike 10700 has a total call value of 0 versus a total put value of 1,201,745,000,000 Combined total value = 1,201,745,000,000
Strike 10725 has a total call value of 0 versus a total put value of 1,174,162,000,000 Combined total value = 1,174,162,000,000
Strike 10750 has a total call value of 0 versus a total put value of 1,146,579,000,000 Combined total value = 1,146,579,000,000
Strike 10775 has a total call value of 0 versus a total put value of 1,118,996,000,000 Combined total value = 1,118,996,000,000
Strike 10800 has a total call value of 0 versus a total put value of 1,091,413,000,000 Combined total value = 1,091,413,000,000
Strike 10825 has a total call value of 0 versus a total put value of 1,063,921,250,000 Combined total value = 1,063,921,250,000
Strike 10850 has a total call value of 0 versus a total put value of 1,036,429,500,000 Combined total value = 1,036,429,500,000
Strike 10875 has a total call value of 0 versus a total put value of 1,008,937,750,000 Combined total value = 1,008,937,750,000
Strike 10900 has a total call value of 0 versus a total put value of 981,446,000,000 Combined total value = 981,446,000,000
Strike 10925 has a total call value of 0 versus a total put value of 953,981,375,000 Combined total value = 953,981,375,000
Strike 10950 has a total call value of 0 versus a total put value of 926,516,750,000 Combined total value = 926,516,750,000
Strike 10975 has a total call value of 0 versus a total put value of 899,052,125,000 Combined total value = 899,052,125,000
Strike 11000 has a total call value of 0 versus a total put value of 871,587,500,000 Combined total value = 871,587,500,000
Strike 11025 has a total call value of 0 versus a total put value of 845,860,750,000 Combined total value = 845,860,750,000
Strike 11050 has a total call value of 0 versus a total put value of 820,134,000,000 Combined total value = 820,134,000,000
Strike 11075 has a total call value of 0 versus a total put value of 794,407,250,000 Combined total value = 794,407,250,000
Strike 11100 has a total call value of 0 versus a total put value of 768,680,500,000 Combined total value = 768,680,500,000
Strike 11125 has a total call value of 0 versus a total put value of 743,253,625,000 Combined total value = 743,253,625,000
Strike 11150 has a total call value of 0 versus a total put value of 717,826,750,000 Combined total value = 717,826,750,000
Strike 11175 has a total call value of 0 versus a total put value of 692,399,875,000 Combined total value = 692,399,875,000
Strike 11200 has a total call value of 0 versus a total put value of 666,973,000,000 Combined total value = 666,973,000,000
Strike 11225 has a total call value of 0 versus a total put value of 642,296,375,000 Combined total value = 642,296,375,000
Strike 11250 has a total call value of 0 versus a total put value of 617,619,750,000 Combined total value = 617,619,750,000
Strike 11275 has a total call value of 0 versus a total put value of 592,943,125,000 Combined total value = 592,943,125,000
Strike 11300 has a total call value of 0 versus a total put value of 568,266,500,000 Combined total value = 568,266,500,000
Strike 11325 has a total call value of 0 versus a total put value of 544,486,875,000 Combined total value = 544,486,875,000
Strike 11350 has a total call value of 0 versus a total put value of 520,727,125,000 Combined total value = 520,727,125,000
Strike 11375 has a total call value of 0 versus a total put value of 497,187,125,000 Combined total value = 497,187,125,000
Strike 11400 has a total call value of 0 versus a total put value of 473,693,625,000 Combined total value = 473,693,625,000
Strike 11425 has a total call value of 0 versus a total put value of 450,695,375,000 Combined total value = 450,695,375,000
Strike 11450 has a total call value of 0 versus a total put value of 427,736,625,000 Combined total value = 427,736,625,000
Strike 11475 has a total call value of 0 versus a total put value of 405,025,250,000 Combined total value = 405,025,250,000
Strike 11500 has a total call value of 0 versus a total put value of 382,400,250,000 Combined total value = 382,400,250,000
Strike 11525 has a total call value of 1,625,000 versus a total put value of 362,852,625,000 Combined total value = 362,854,250,000
Strike 11550 has a total call value of 3,250,000 versus a total put value of 343,374,375,000 Combined total value = 343,377,625,000
Strike 11575 has a total call value of 4,875,000 versus a total put value of 324,283,750,000 Combined total value = 324,288,625,000
Strike 11600 has a total call value of 6,500,000 versus a total put value of 305,255,000,000 Combined total value = 305,261,500,000
Strike 11625 has a total call value of 8,625,000 versus a total put value of 287,076,875,000 Combined total value = 287,085,500,000
Strike 11650 has a total call value of 10,750,000 versus a total put value of 269,071,625,000 Combined total value = 269,082,375,000
Strike 11675 has a total call value of 13,250,000 versus a total put value of 251,372,250,000 Combined total value = 251,385,500,000
Strike 11700 has a total call value of 15,750,000 versus a total put value of 233,850,625,000 Combined total value = 233,866,375,000
Strike 11725 has a total call value of 19,000,000 versus a total put value of 217,576,875,000 Combined total value = 217,595,875,000
Strike 11750 has a total call value of 22,250,000 versus a total put value of 201,554,375,000 Combined total value = 201,576,625,000
Strike 11775 has a total call value of 25,625,000 versus a total put value of 186,007,500,000 Combined total value = 186,033,125,000
Strike 11800 has a total call value of 29,000,000 versus a total put value of 170,603,625,000 Combined total value = 170,632,625,000
Strike 11825 has a total call value of 58,875,000 versus a total put value of 156,157,375,000 Combined total value = 156,216,250,000
Strike 11850 has a total call value of 89,375,000 versus a total put value of 141,855,500,000 Combined total value = 141,944,875,000
Strike 11875 has a total call value of 122,375,000 versus a total put value of 127,940,500,000 Combined total value = 128,062,875,000
Strike 11900 has a total call value of 156,625,000 versus a total put value of 114,404,000,000 Combined total value = 114,560,625,000
Strike 11925 has a total call value of 227,375,000 versus a total put value of 101,688,375,000 Combined total value = 101,915,750,000
Strike 11950 has a total call value of 308,875,000 versus a total put value of 89,235,250,000 Combined total value = 89,544,125,000
Strike 11975 has a total call value of 427,250,000 versus a total put value of 77,131,375,000 Combined total value = 77,558,625,000
Strike 12000 has a total call value of 592,625,000 versus a total put value of 65,366,125,000 Combined total value = 65,958,750,000
Strike 12025 has a total call value of 1,238,375,000 versus a total put value of 55,674,000,000 Combined total value = 56,912,375,000
Strike 12050 has a total call value of 1,952,250,000 versus a total put value of 46,399,625,000 Combined total value = 48,351,875,000
Strike 12075 has a total call value of 2,805,875,000 versus a total put value of 37,871,750,000 Combined total value = 40,677,625,000
Strike 12100 has a total call value of 3,842,000,000 versus a total put value of 29,899,375,000 Combined total value = 33,741,375,000
Strike 12125 has a total call value of 6,120,500,000 versus a total put value of 24,166,500,000 Combined total value = 30,287,000,000
Strike 12150 has a total call value of 8,799,875,000 versus a total put value of 18,962,625,000 Combined total value = 27,762,500,000
Strike 12175 has a total call value of 12,232,000,000 versus a total put value of 15,161,625,000 Combined total value = 27,393,625,000
Strike 12200 has a total call value of 16,181,500,000 versus a total put value of 11,748,500,000 Combined total value = 27,930,000,000
Strike 12225 has a total call value of 22,188,125,000 versus a total put value of 9,612,125,000 Combined total value = 31,800,250,000
Strike 12250 has a total call value of 28,767,875,000 versus a total put value of 7,644,125,000 Combined total value = 36,412,000,000
Strike 12275 has a total call value of 37,117,750,000 versus a total put value of 5,902,500,000 Combined total value = 43,020,250,000
Strike 12300 has a total call value of 45,964,750,000 versus a total put value of 4,346,250,000 Combined total value = 50,311,000,000
Strike 12325 has a total call value of 56,985,875,000 versus a total put value of 3,752,625,000 Combined total value = 60,738,500,000
Strike 12350 has a total call value of 68,418,000,000 versus a total put value of 3,266,875,000 Combined total value = 71,684,875,000
Strike 12375 has a total call value of 80,547,625,000 versus a total put value of 2,847,125,000 Combined total value = 83,394,750,000
Strike 12400 has a total call value of 93,049,000,000 versus a total put value of 2,483,125,000 Combined total value = 95,532,125,000
Strike 12425 has a total call value of 107,486,125,000 versus a total put value of 2,249,875,000 Combined total value = 109,736,000,000
Strike 12450 has a total call value of 122,574,625,000 versus a total put value of 2,033,500,000 Combined total value = 124,608,125,000
Strike 12475 has a total call value of 138,216,500,000 versus a total put value of 1,831,750,000 Combined total value = 140,048,250,000
Strike 12500 has a total call value of 154,591,500,000 versus a total put value of 1,640,500,000 Combined total value = 156,232,000,000
Strike 12525 has a total call value of 172,379,750,000 versus a total put value of 1,532,375,000 Combined total value = 173,912,125,000
Strike 12550 has a total call value of 190,384,375,000 versus a total put value of 1,427,125,000 Combined total value = 191,811,500,000
Strike 12575 has a total call value of 209,589,250,000 versus a total put value of 1,322,625,000 Combined total value = 210,911,875,000
Strike 12600 has a total call value of 229,224,000,000 versus a total put value of 1,218,125,000 Combined total value = 230,442,125,000
Strike 12625 has a total call value of 250,452,875,000 versus a total put value of 1,120,750,000 Combined total value = 251,573,625,000
Strike 12650 has a total call value of 271,864,250,000 versus a total put value of 1,023,375,000 Combined total value = 272,887,625,000
Strike 12675 has a total call value of 293,547,500,000 versus a total put value of 926,000,000 Combined total value = 294,473,500,000
Strike 12700 has a total call value of 315,465,750,000 versus a total put value of 828,625,000 Combined total value = 316,294,375,000
Strike 12725 has a total call value of 339,071,500,000 versus a total put value of 758,125,000 Combined total value = 339,829,625,000
Strike 12750 has a total call value of 362,879,750,000 versus a total put value of 687,875,000 Combined total value = 363,567,625,000
Strike 12775 has a total call value of 387,015,875,000 versus a total put value of 617,625,000 Combined total value = 387,633,500,000
Strike 12800 has a total call value of 411,315,000,000 versus a total put value of 547,375,000 Combined total value = 411,862,375,000
Strike 12825 has a total call value of 437,015,125,000 versus a total put value of 477,125,000 Combined total value = 437,492,250,000
Strike 12850 has a total call value of 462,800,625,000 versus a total put value of 406,875,000 Combined total value = 463,207,500,000
Strike 12875 has a total call value of 488,835,625,000 versus a total put value of 336,625,000 Combined total value = 489,172,250,000
Strike 12900 has a total call value of 514,873,375,000 versus a total put value of 266,375,000 Combined total value = 515,139,750,000
Strike 12925 has a total call value of 541,383,125,000 versus a total put value of 200,125,000 Combined total value = 541,583,250,000
Strike 12950 has a total call value of 567,992,500,000 versus a total put value of 133,875,000 Combined total value = 568,126,375,000
Strike 12975 has a total call value of 594,793,750,000 versus a total put value of 67,625,000 Combined total value = 594,861,375,000
Strike 13000 has a total call value of 621,595,000,000 versus a total put value of 1,375,000 Combined total value = 621,596,375,000
Strike 13025 has a total call value of 652,177,375,000 versus a total put value of 0 Combined total value = 652,177,375,000
Strike 13050 has a total call value of 682,772,750,000 versus a total put value of 0 Combined total value = 682,772,750,000
Strike 13075 has a total call value of 713,481,000,000 versus a total put value of 0 Combined total value = 713,481,000,000
Strike 13100 has a total call value of 744,189,375,000 versus a total put value of 0 Combined total value = 744,189,375,000
Strike 13125 has a total call value of 775,263,875,000 versus a total put value of 0 Combined total value = 775,263,875,000
Strike 13150 has a total call value of 806,338,625,000 versus a total put value of 0 Combined total value = 806,338,625,000
Strike 13175 has a total call value of 837,421,875,000 versus a total put value of 0 Combined total value = 837,421,875,000
Strike 13200 has a total call value of 868,505,500,000 versus a total put value of 0 Combined total value = 868,505,500,000
Strike 13225 has a total call value of 899,911,500,000 versus a total put value of 0 Combined total value = 899,911,500,000
Strike 13250 has a total call value of 931,317,500,000 versus a total put value of 0 Combined total value = 931,317,500,000
Strike 13275 has a total call value of 962,723,750,000 versus a total put value of 0 Combined total value = 962,723,750,000
Strike 13300 has a total call value of 994,130,250,000 versus a total put value of 0 Combined total value = 994,130,250,000
Strike 13325 has a total call value of 1,025,626,750,000 versus a total put value of 0 Combined total value = 1,025,626,750,000
Strike 13350 has a total call value of 1,057,123,250,000 versus a total put value of 0 Combined total value = 1,057,123,250,000
Strike 13375 has a total call value of 1,088,619,750,000 versus a total put value of 0 Combined total value = 1,088,619,750,000
Strike 13400 has a total call value of 1,120,116,250,000 versus a total put value of 0 Combined total value = 1,120,116,250,000
Strike 13425 has a total call value of 1,151,650,375,000 versus a total put value of 0 Combined total value = 1,151,650,375,000
Strike 13450 has a total call value of 1,183,184,500,000 versus a total put value of 0 Combined total value = 1,183,184,500,000
Strike 13475 has a total call value of 1,214,718,625,000 versus a total put value of 0 Combined total value = 1,214,718,625,000
Strike 13500 has a total call value of 1,246,252,750,000 versus a total put value of 0 Combined total value = 1,246,252,750,000
Strike 13525 has a total call value of 1,278,024,000,000 versus a total put value of 0 Combined total value = 1,278,024,000,000
Strike 13550 has a total call value of 1,309,795,250,000 versus a total put value of 0 Combined total value = 1,309,795,250,000
Strike 13575 has a total call value of 1,341,566,500,000 versus a total put value of 0 Combined total value = 1,341,566,500,000
Strike 13600 has a total call value of 1,373,339,500,000 versus a total put value of 0 Combined total value = 1,373,339,500,000
Strike 13625 has a total call value of 1,405,202,375,000 versus a total put value of 0 Combined total value = 1,405,202,375,000
Strike 13650 has a total call value of 1,437,065,250,000 versus a total put value of 0 Combined total value = 1,437,065,250,000
Strike 13675 has a total call value of 1,468,929,625,000 versus a total put value of 0 Combined total value = 1,468,929,625,000
Strike 13700 has a total call value of 1,500,796,000,000 versus a total put value of 0 Combined total value = 1,500,796,000,000
Strike 13725 has a total call value of 1,532,662,375,000 versus a total put value of 0 Combined total value = 1,532,662,375,000
Strike 13750 has a total call value of 1,564,528,750,000 versus a total put value of 0 Combined total value = 1,564,528,750,000
Strike 13775 has a total call value of 1,596,395,125,000 versus a total put value of 0 Combined total value = 1,596,395,125,000
Strike 13800 has a total call value of 1,628,261,500,000 versus a total put value of 0 Combined total value = 1,628,261,500,000
Strike 13825 has a total call value of 1,660,127,875,000 versus a total put value of 0 Combined total value = 1,660,127,875,000
Strike 13850 has a total call value of 1,691,994,250,000 versus a total put value of 0 Combined total value = 1,691,994,250,000
Strike 13875 has a total call value of 1,723,860,625,000 versus a total put value of 0 Combined total value = 1,723,860,625,000
Strike 13900 has a total call value of 1,755,727,000,000 versus a total put value of 0 Combined total value = 1,755,727,000,000
Strike 13925 has a total call value of 1,787,593,375,000 versus a total put value of 0 Combined total value = 1,787,593,375,000
Strike 13950 has a total call value of 1,819,459,750,000 versus a total put value of 0 Combined total value = 1,819,459,750,000
Strike 13975 has a total call value of 1,851,326,125,000 versus a total put value of 0 Combined total value = 1,851,326,125,000
Strike 14000 has a total call value of 1,883,192,500,000 versus a total put value of 0 Combined total value = 1,883,192,500,000
Strike 14025 has a total call value of 1,915,292,500,000 versus a total put value of 0 Combined total value = 1,915,292,500,000
Strike 14050 has a total call value of 1,947,392,500,000 versus a total put value of 0 Combined total value = 1,947,392,500,000
Strike 14075 has a total call value of 1,979,492,500,000 versus a total put value of 0 Combined total value = 1,979,492,500,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 425.6 | 470 |
| ABB | 6760.8 | 7000 |
| ABBOTINDIA | 27114.7 | 28000 |
| ABCAPITAL | 183.01 | 200 |
| ABFRL | 284.4 | 305 |
| ACC | 2027.2 | 2220 |
| ADANIENT | 2183.65 | 2500 |
| ADANIPORTS | 1114.65 | 1200 |
| ALKEM | 5604.75 | 5600 |
| AMBUJACEM | 484.15 | 530 |
| APOLLOHOSP | 6742.5 | 6900 |
| APOLLOTYRE | 481.3 | 480 |
| ASHOKLEY | 218.9 | 220 |
| ASIANPAINT | 2428.15 | 2540 |
| ASTRAL | 1713.9 | 1780 |
| ATUL | 7241.95 | 7500 |
| AUBANK | 593.9 | 590 |
| AUROPHARMA | 1220 | 1300 |
| AXISBANK | 1139.15 | 1150 |
| BAJAJ-AUTO | 9505 | 9700 |
| BAJAJFINSV | 1569.25 | 1620 |
| BAJFINANCE | 6465.65 | 6700 |
| BALKRISIND | 2721.95 | 2800 |
| BANDHANBNK | 165.86 | 180 |
| BANKBARODA | 228.5 | 240 |
| BATAINDIA | 1281.55 | 1310 |
| BEL | 275.45 | 285 |
| BERGEPAINT | 465.5 | 495 |
| BHARATFORG | 1296.2 | 1340 |
| BHARTIARTL | 1525.15 | 1560 |
| BHEL | 227.94 | 235 |
| BIOCON | 323.1 | 330 |
| BOSCHLTD | 34108.7 | 34000 |
| BPCL | 282.4 | 295 |
| BRITANNIA | 4803.35 | 5000 |
| BSOFT | 545.4 | 560 |
| CANBK | 94.46 | 100 |
| CANFINHOME | 822.65 | 830 |
| CHAMBLFERT | 455.4 | 480 |
| CHOLAFIN | 1204.9 | 1260 |
| CIPLA | 1465.5 | 1520 |
| COALINDIA | 406 | 425 |
| COFORGE | 8210.1 | 8000 |
| COLPAL | 2690.3 | 2850 |
| CONCOR | 769.95 | 810 |
| COROMANDEL | 1768 | 1720 |
| CROMPTON | 381.95 | 390 |
| CUB | 170.09 | 175 |
| CUMMINSIND | 3282.25 | 3400 |
| DABUR | 505.75 | 525 |
| DALBHARAT | 1771.6 | 1760 |
| DEEPAKNTR | 2619.2 | 2650 |
| DIVISLAB | 5977.1 | 5900 |
| DIXON | 14995.45 | 14750 |
| DLF | 773.95 | 780 |
| DRREDDY | 1195.35 | 1220 |
| EICHERMOT | 4882.1 | 4900 |
| ESCORTS | 3454.4 | 3600 |
| EXIDEIND | 415.35 | 440 |
| FEDERALBNK | 210.88 | 205 |
| GAIL | 188.3 | 195 |
| GLENMARK | 1466.4 | 1540 |
| GMRINFRA | 76.85 | 82 |
| GNFC | 555.55 | 570 |
| GODREJCP | 1178.7 | 1200 |
| GODREJPROP | 2704.8 | 2750 |
| GRANULES | 544.85 | 570 |
| GRASIM | 2534.85 | 2540 |
| GUJGASLTD | 453.6 | 480 |
| HAL | 3983.45 | 4200 |
| HAVELLS | 1636.1 | 1640 |
| HCLTECH | 1836.35 | 1820 |
| HDFCAMC | 4214.1 | 4300 |
| HDFCBANK | 1741.2 | 1740 |
| HDFCLIFE | 674.4 | 680 |
| HEROMOTOCO | 4767.85 | 4800 |
| HINDALCO | 648.05 | 650 |
| HINDCOPPER | 261.5 | 290 |
| HINDPETRO | 360.1 | 375 |
| HINDUNILVR | 2382.8 | 2480 |
| ICICIBANK | 1250.55 | 1260 |
| ICICIGI | 1804.7 | 1880 |
| ICICIPRULI | 678.55 | 700 |
| IDEA | 6.91 | 8 |
| IDFCFIRSTB | 62.94 | 66 |
| IEX | 161.33 | 170 |
| IGL | 311.4 | 330 |
| INDHOTEL | 786.8 | 760 |
| INDIAMART | 2253.95 | 2350 |
| INDIGO | 4069.8 | 4050 |
| INDUSINDBK | 981.45 | 1040 |
| INDUSTOWER | 329.1 | 340 |
| INFY | 1834.05 | 1800 |
| IOC | 130.71 | 140 |
| IPCALAB | 1573.55 | 1560 |
| IRCTC | 793.85 | 830 |
| ITC | 457.15 | 475 |
| JINDALSTEL | 871.2 | 900 |
| JKCEMENT | 4003 | 4000 |
| JSWSTEEL | 944.15 | 960 |
| JUBLFOOD | 610.2 | 620 |
| KOTAKBANK | 1737.1 | 1760 |
| LALPATHLAB | 3026.1 | 3100 |
| LAURUSLABS | 489.15 | 490 |
| LICHSGFIN | 611.25 | 630 |
| LT | 3483.5 | 3600 |
| LTF | 137.74 | 140 |
| LTIM | 5931.05 | 5900 |
| LTTS | 5165.7 | 5150 |
| LUPIN | 2043 | 2100 |
| M&M | 2936.25 | 2900 |
| M&MFIN | 256.25 | 265 |
| MANAPPURAM | 150.29 | 155 |
| MARICO | 591.05 | 600 |
| MARUTI | 10861.45 | 11000 |
| MCX | 6166.5 | 6200 |
| METROPOLIS | 2015.75 | 2060 |
| MFSL | 1173.5 | 1200 |
| MGL | 1125.35 | 1160 |
| MOTHERSON | 161.84 | 175 |
| MPHASIS | 2786.2 | 2850 |
| MRF | 123509.9 | 122500 |
| MUTHOOTFIN | 1899.55 | 1880 |
| NATIONALUM | 248.21 | 240 |
| NAUKRI | 7515.35 | 7700 |
| NAVINFLUOR | 3262.45 | 3400 |
| NESTLEIND | 2211.2 | 2280 |
| NMDC | 217.63 | 225 |
| NTPC | 356.15 | 370 |
| OBEROIRLTY | 1917.35 | 1960 |
| OFSS | 11141.9 | 11500 |
| ONGC | 242.15 | 250 |
| PAGEIND | 44447.7 | 45500 |
| PEL | 1054.95 | 1060 |
| PERSISTENT | 5725.5 | 5600 |
| PETRONET | 321.85 | 328 |
| PFC | 453.35 | 460 |
| PIDILITIND | 2938.05 | 3060 |
| PIIND | 4138.7 | 4200 |
| PNB | 96.37 | 102 |
| POLYCAB | 6408.35 | 6500 |
| POWERGRID | 325.9 | 320 |
| PVRINOX | 1445.2 | 1480 |
| RAMCOCEM | 914.95 | 900 |
| RBLBANK | 156.23 | 160 |
| RECLTD | 490.95 | 510 |
| RELIANCE | 1223 | 1290 |
| SAIL | 110.59 | 117.5 |
| SBICARD | 675.05 | 690 |
| SBILIFE | 1477.95 | 1520 |
| SBIN | 780.75 | 800 |
| SHREECEM | 24052.85 | 24500 |
| SHRIRAMFIN | 2802.2 | 2900 |
| SIEMENS | 6641.65 | 6800 |
| SRF | 2143.65 | 2260 |
| SUNPHARMA | 1780 | 1800 |
| SUNTV | 728.05 | 730 |
| SYNGENE | 846.9 | 870 |
| TATACHEM | 1045.1 | 1100 |
| TATACOMM | 1711.55 | 1780 |
| TATACONSUM | 911.7 | 950 |
| TATAMOTORS | 773.85 | 800 |
| TATAPOWER | 408.05 | 420 |
| TATASTEEL | 140.22 | 145 |
| TCS | 4072.85 | 4100 |
| TECHM | 1702.25 | 1680 |
| TITAN | 3178.45 | 3200 |
| TORNTPHARM | 3101.95 | 3150 |
| TRENT | 6460.45 | 6600 |
| TVSMOTOR | 2388.45 | 2450 |
| UBL | 1827.95 | 1880 |
| ULTRACEMCO | 10954.85 | 11000 |
| UNITDSPR | 1493.05 | 1480 |
| UPL | 555.75 | 540 |
| VEDL | 442.8 | 460 |
| VOLTAS | 1675.5 | 1700 |
| WIPRO | 557.15 | 560 |
| ZYDUSLIFE | 944.05 | 980 |
Note:
| Stock LTP > Max Pain | Bearish Trend |
| Stock LTP < Max Pain | Bullish Trend |
What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
- 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.
