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MIDCPNIFTY

Nifty Midcap Select
13998.5 +123.30 (0.89%)
L: 13833.4 H: 14013.35
Max Pain - MIDCPNIFTY
05 Dec 2025 03:32 PM IST Market Closed


Strike  11400  has a total call value of 0  versus a total put value of  1,341,937,450,000 Combined total value = 1,341,937,450,000

Strike  11425  has a total call value of 0  versus a total put value of  1,326,384,850,000 Combined total value = 1,326,384,850,000

Strike  11450  has a total call value of 0  versus a total put value of  1,310,832,250,000 Combined total value = 1,310,832,250,000

Strike  11475  has a total call value of 0  versus a total put value of  1,295,279,650,000 Combined total value = 1,295,279,650,000

Strike  11500  has a total call value of 0  versus a total put value of  1,279,727,050,000 Combined total value = 1,279,727,050,000

Strike  11525  has a total call value of 0  versus a total put value of  1,264,174,450,000 Combined total value = 1,264,174,450,000

Strike  11550  has a total call value of 0  versus a total put value of  1,248,621,850,000 Combined total value = 1,248,621,850,000

Strike  11575  has a total call value of 0  versus a total put value of  1,233,069,250,000 Combined total value = 1,233,069,250,000

Strike  11600  has a total call value of 0  versus a total put value of  1,217,516,650,000 Combined total value = 1,217,516,650,000

Strike  11625  has a total call value of 0  versus a total put value of  1,201,964,050,000 Combined total value = 1,201,964,050,000

Strike  11650  has a total call value of 0  versus a total put value of  1,186,411,450,000 Combined total value = 1,186,411,450,000

Strike  11675  has a total call value of 0  versus a total put value of  1,170,858,850,000 Combined total value = 1,170,858,850,000

Strike  11700  has a total call value of 0  versus a total put value of  1,155,306,250,000 Combined total value = 1,155,306,250,000

Strike  11725  has a total call value of 0  versus a total put value of  1,139,753,650,000 Combined total value = 1,139,753,650,000

Strike  11750  has a total call value of 0  versus a total put value of  1,124,201,050,000 Combined total value = 1,124,201,050,000

Strike  11775  has a total call value of 0  versus a total put value of  1,108,648,450,000 Combined total value = 1,108,648,450,000

Strike  11800  has a total call value of 0  versus a total put value of  1,093,095,850,000 Combined total value = 1,093,095,850,000

Strike  11825  has a total call value of 0  versus a total put value of  1,077,543,250,000 Combined total value = 1,077,543,250,000

Strike  11850  has a total call value of 0  versus a total put value of  1,061,990,650,000 Combined total value = 1,061,990,650,000

Strike  11875  has a total call value of 0  versus a total put value of  1,046,438,050,000 Combined total value = 1,046,438,050,000

Strike  11900  has a total call value of 0  versus a total put value of  1,030,885,450,000 Combined total value = 1,030,885,450,000

Strike  11925  has a total call value of 0  versus a total put value of  1,015,332,850,000 Combined total value = 1,015,332,850,000

Strike  11950  has a total call value of 0  versus a total put value of  999,780,250,000 Combined total value = 999,780,250,000

Strike  11975  has a total call value of 0  versus a total put value of  984,227,650,000 Combined total value = 984,227,650,000

Strike  12000  has a total call value of 0  versus a total put value of  968,675,050,000 Combined total value = 968,675,050,000

Strike  12025  has a total call value of 0  versus a total put value of  953,327,550,000 Combined total value = 953,327,550,000

Strike  12050  has a total call value of 0  versus a total put value of  937,980,050,000 Combined total value = 937,980,050,000

Strike  12075  has a total call value of 0  versus a total put value of  922,632,550,000 Combined total value = 922,632,550,000

Strike  12100  has a total call value of 0  versus a total put value of  907,289,950,000 Combined total value = 907,289,950,000

Strike  12125  has a total call value of 0  versus a total put value of  891,947,350,000 Combined total value = 891,947,350,000

Strike  12150  has a total call value of 0  versus a total put value of  876,604,750,000 Combined total value = 876,604,750,000

Strike  12175  has a total call value of 0  versus a total put value of  861,262,150,000 Combined total value = 861,262,150,000

Strike  12200  has a total call value of 0  versus a total put value of  845,919,550,000 Combined total value = 845,919,550,000

Strike  12225  has a total call value of 0  versus a total put value of  830,582,900,000 Combined total value = 830,582,900,000

Strike  12250  has a total call value of 0  versus a total put value of  815,246,250,000 Combined total value = 815,246,250,000

Strike  12275  has a total call value of 0  versus a total put value of  799,909,600,000 Combined total value = 799,909,600,000

Strike  12300  has a total call value of 0  versus a total put value of  784,572,950,000 Combined total value = 784,572,950,000

Strike  12325  has a total call value of 0  versus a total put value of  769,241,900,000 Combined total value = 769,241,900,000

Strike  12350  has a total call value of 0  versus a total put value of  753,910,850,000 Combined total value = 753,910,850,000

Strike  12375  has a total call value of 0  versus a total put value of  738,579,800,000 Combined total value = 738,579,800,000

Strike  12400  has a total call value of 0  versus a total put value of  723,248,750,000 Combined total value = 723,248,750,000

Strike  12425  has a total call value of 0  versus a total put value of  707,917,700,000 Combined total value = 707,917,700,000

Strike  12450  has a total call value of 0  versus a total put value of  692,586,650,000 Combined total value = 692,586,650,000

Strike  12475  has a total call value of 0  versus a total put value of  677,258,750,000 Combined total value = 677,258,750,000

Strike  12500  has a total call value of 0  versus a total put value of  661,934,350,000 Combined total value = 661,934,350,000

Strike  12525  has a total call value of 0  versus a total put value of  646,914,800,000 Combined total value = 646,914,800,000

Strike  12550  has a total call value of 0  versus a total put value of  631,898,750,000 Combined total value = 631,898,750,000

Strike  12575  has a total call value of 0  versus a total put value of  616,886,200,000 Combined total value = 616,886,200,000

Strike  12600  has a total call value of 0  versus a total put value of  601,877,500,000 Combined total value = 601,877,500,000

Strike  12625  has a total call value of 0  versus a total put value of  586,879,650,000 Combined total value = 586,879,650,000

Strike  12650  has a total call value of 0  versus a total put value of  571,881,800,000 Combined total value = 571,881,800,000

Strike  12675  has a total call value of 0  versus a total put value of  556,887,100,000 Combined total value = 556,887,100,000

Strike  12700  has a total call value of 0  versus a total put value of  541,893,800,000 Combined total value = 541,893,800,000

Strike  12725  has a total call value of 0  versus a total put value of  526,929,200,000 Combined total value = 526,929,200,000

Strike  12750  has a total call value of 0  versus a total put value of  511,971,250,000 Combined total value = 511,971,250,000

Strike  12775  has a total call value of 0  versus a total put value of  497,038,500,000 Combined total value = 497,038,500,000

Strike  12800  has a total call value of 0  versus a total put value of  482,107,150,000 Combined total value = 482,107,150,000

Strike  12825  has a total call value of 0  versus a total put value of  467,549,600,000 Combined total value = 467,549,600,000

Strike  12850  has a total call value of 0  versus a total put value of  452,993,450,000 Combined total value = 452,993,450,000

Strike  12875  has a total call value of 0  versus a total put value of  438,441,850,000 Combined total value = 438,441,850,000

Strike  12900  has a total call value of 0  versus a total put value of  423,897,950,000 Combined total value = 423,897,950,000

Strike  12925  has a total call value of 0  versus a total put value of  409,444,350,000 Combined total value = 409,444,350,000

Strike  12950  has a total call value of 0  versus a total put value of  394,999,850,000 Combined total value = 394,999,850,000

Strike  12975  has a total call value of 0  versus a total put value of  380,563,400,000 Combined total value = 380,563,400,000

Strike  13000  has a total call value of 0  versus a total put value of  366,149,000,000 Combined total value = 366,149,000,000

Strike  13025  has a total call value of 78,400,000  versus a total put value of  353,133,550,000 Combined total value = 353,211,950,000

Strike  13050  has a total call value of 156,800,000  versus a total put value of  340,137,000,000 Combined total value = 340,293,800,000

Strike  13075  has a total call value of 235,200,000  versus a total put value of  327,146,750,000 Combined total value = 327,381,950,000

Strike  13100  has a total call value of 313,600,000  versus a total put value of  314,156,500,000 Combined total value = 314,470,100,000

Strike  13125  has a total call value of 392,000,000  versus a total put value of  301,990,150,000 Combined total value = 302,382,150,000

Strike  13150  has a total call value of 470,400,000  versus a total put value of  289,843,050,000 Combined total value = 290,313,450,000

Strike  13175  has a total call value of 548,800,000  versus a total put value of  277,695,950,000 Combined total value = 278,244,750,000

Strike  13200  has a total call value of 627,200,000  versus a total put value of  265,548,850,000 Combined total value = 266,176,050,000

Strike  13225  has a total call value of 705,600,000  versus a total put value of  254,222,150,000 Combined total value = 254,927,750,000

Strike  13250  has a total call value of 784,000,000  versus a total put value of  242,914,000,000 Combined total value = 243,698,000,000

Strike  13275  has a total call value of 862,400,000  versus a total put value of  231,605,850,000 Combined total value = 232,468,250,000

Strike  13300  has a total call value of 940,800,000  versus a total put value of  220,322,900,000 Combined total value = 221,263,700,000

Strike  13325  has a total call value of 1,019,200,000  versus a total put value of  209,969,900,000 Combined total value = 210,989,100,000

Strike  13350  has a total call value of 1,097,600,000  versus a total put value of  199,616,900,000 Combined total value = 200,714,500,000

Strike  13375  has a total call value of 1,176,000,000  versus a total put value of  189,284,900,000 Combined total value = 190,460,900,000

Strike  13400  has a total call value of 1,254,400,000  versus a total put value of  178,991,400,000 Combined total value = 180,245,800,000

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  159,733,700,000 Combined total value = 161,144,900,000

Strike  13475  has a total call value of 1,489,600,000  versus a total put value of  150,104,850,000 Combined total value = 151,594,450,000

Strike  13500  has a total call value of 1,568,000,000  versus a total put value of  140,487,200,000 Combined total value = 142,055,200,000

Strike  13525  has a total call value of 1,885,100,000  versus a total put value of  132,327,300,000 Combined total value = 134,212,400,000

Strike  13550  has a total call value of 2,202,200,000  versus a total put value of  124,184,550,000 Combined total value = 126,386,750,000

Strike  13575  has a total call value of 2,519,300,000  versus a total put value of  116,061,050,000 Combined total value = 118,580,350,000

Strike  13600  has a total call value of 2,836,400,000  versus a total put value of  107,955,750,000 Combined total value = 110,792,150,000

Strike  13625  has a total call value of 3,167,850,000  versus a total put value of  100,649,850,000 Combined total value = 103,817,700,000

Strike  13650  has a total call value of 3,499,300,000  versus a total put value of  93,383,150,000 Combined total value = 96,882,450,000

Strike  13675  has a total call value of 3,830,750,000  versus a total put value of  86,156,350,000 Combined total value = 89,987,100,000

Strike  13700  has a total call value of 4,163,600,000  versus a total put value of  78,940,400,000 Combined total value = 83,104,000,000

Strike  13725  has a total call value of 4,735,150,000  versus a total put value of  72,572,500,000 Combined total value = 77,307,650,000

Strike  13750  has a total call value of 5,314,400,000  versus a total put value of  66,227,700,000 Combined total value = 71,542,100,000

Strike  13775  has a total call value of 5,904,150,000  versus a total put value of  59,932,250,000 Combined total value = 65,836,400,000

Strike  13800  has a total call value of 6,502,650,000  versus a total put value of  53,668,300,000 Combined total value = 60,170,950,000

Strike  13825  has a total call value of 7,367,850,000  versus a total put value of  48,227,550,000 Combined total value = 55,595,400,000

Strike  13850  has a total call value of 8,254,050,000  versus a total put value of  42,837,900,000 Combined total value = 51,091,950,000

Strike  13875  has a total call value of 9,187,500,000  versus a total put value of  37,543,450,000 Combined total value = 46,730,950,000

Strike  13900  has a total call value of 10,155,600,000  versus a total put value of  32,300,100,000 Combined total value = 42,455,700,000

Strike  13925  has a total call value of 11,563,300,000  versus a total put value of  27,739,250,000 Combined total value = 39,302,550,000

Strike  13950  has a total call value of 13,032,950,000  versus a total put value of  23,254,000,000 Combined total value = 36,286,950,000

Strike  13975  has a total call value of 14,629,650,000  versus a total put value of  18,985,750,000 Combined total value = 33,615,400,000

Strike  14000  has a total call value of 16,276,750,000  versus a total put value of  14,779,100,000 Combined total value = 31,055,850,000

Strike  14025  has a total call value of 20,191,850,000  versus a total put value of  12,988,500,000 Combined total value = 33,180,350,000

Strike  14050  has a total call value of 24,185,700,000  versus a total put value of  11,263,350,000 Combined total value = 35,449,050,000

Strike  14075  has a total call value of 28,416,150,000  versus a total put value of  9,629,550,000 Combined total value = 38,045,700,000

Strike  14100  has a total call value of 32,730,950,000  versus a total put value of  8,050,350,000 Combined total value = 40,781,300,000

Strike  14125  has a total call value of 38,957,800,000  versus a total put value of  7,322,350,000 Combined total value = 46,280,150,000

Strike  14150  has a total call value of 45,266,900,000  versus a total put value of  6,631,100,000 Combined total value = 51,898,000,000

Strike  14175  has a total call value of 51,737,000,000  versus a total put value of  6,015,800,000 Combined total value = 57,752,800,000

Strike  14200  has a total call value of 58,247,000,000  versus a total put value of  5,429,200,000 Combined total value = 63,676,200,000

Strike  14225  has a total call value of 65,508,450,000  versus a total put value of  5,015,150,000 Combined total value = 70,523,600,000

Strike  14250  has a total call value of 72,802,450,000  versus a total put value of  4,611,600,000 Combined total value = 77,414,050,000

Strike  14275  has a total call value of 80,209,850,000  versus a total put value of  4,227,650,000 Combined total value = 84,437,500,000

Strike  14300  has a total call value of 87,657,500,000  versus a total put value of  3,857,000,000 Combined total value = 91,514,500,000

Strike  14325  has a total call value of 96,250,700,000  versus a total put value of  3,647,700,000 Combined total value = 99,898,400,000

Strike  14350  has a total call value of 104,879,950,000  versus a total put value of  3,438,400,000 Combined total value = 108,318,350,000

Strike  14375  has a total call value of 114,036,300,000  versus a total put value of  3,229,100,000 Combined total value = 117,265,400,000

Strike  14400  has a total call value of 123,192,650,000  versus a total put value of  3,019,800,000 Combined total value = 126,212,450,000

Strike  14425  has a total call value of 133,301,350,000  versus a total put value of  2,838,850,000 Combined total value = 136,140,200,000

Strike  14450  has a total call value of 143,450,650,000  versus a total put value of  2,657,900,000 Combined total value = 146,108,550,000

Strike  14475  has a total call value of 153,675,550,000  versus a total put value of  2,476,950,000 Combined total value = 156,152,500,000

Strike  14500  has a total call value of 163,922,150,000  versus a total put value of  2,296,000,000 Combined total value = 166,218,150,000

Strike  14525  has a total call value of 176,423,450,000  versus a total put value of  2,181,200,000 Combined total value = 178,604,650,000

Strike  14550  has a total call value of 188,924,750,000  versus a total put value of  2,066,400,000 Combined total value = 190,991,150,000

Strike  14575  has a total call value of 201,426,050,000  versus a total put value of  1,951,600,000 Combined total value = 203,377,650,000

Strike  14600  has a total call value of 213,927,350,000  versus a total put value of  1,836,800,000 Combined total value = 215,764,150,000

Strike  14625  has a total call value of 227,378,900,000  versus a total put value of  1,722,000,000 Combined total value = 229,100,900,000

Strike  14650  has a total call value of 240,830,450,000  versus a total put value of  1,607,200,000 Combined total value = 242,437,650,000

Strike  14675  has a total call value of 254,391,200,000  versus a total put value of  1,492,400,000 Combined total value = 255,883,600,000

Strike  14700  has a total call value of 267,988,000,000  versus a total put value of  1,377,600,000 Combined total value = 269,365,600,000

Strike  14725  has a total call value of 282,408,000,000  versus a total put value of  1,262,800,000 Combined total value = 283,670,800,000

Strike  14750  has a total call value of 296,828,000,000  versus a total put value of  1,148,000,000 Combined total value = 297,976,000,000

Strike  14775  has a total call value of 311,248,000,000  versus a total put value of  1,033,200,000 Combined total value = 312,281,200,000

Strike  14800  has a total call value of 325,668,000,000  versus a total put value of  918,400,000 Combined total value = 326,586,400,000

Strike  14825  has a total call value of 341,475,750,000  versus a total put value of  803,600,000 Combined total value = 342,279,350,000

Strike  14850  has a total call value of 357,283,500,000  versus a total put value of  688,800,000 Combined total value = 357,972,300,000

Strike  14875  has a total call value of 373,091,250,000  versus a total put value of  574,000,000 Combined total value = 373,665,250,000

Strike  14900  has a total call value of 388,899,000,000  versus a total put value of  459,200,000 Combined total value = 389,358,200,000

Strike  14925  has a total call value of 404,960,850,000  versus a total put value of  344,400,000 Combined total value = 405,305,250,000

Strike  14950  has a total call value of 421,022,700,000  versus a total put value of  229,600,000 Combined total value = 421,252,300,000

Strike  14975  has a total call value of 437,084,550,000  versus a total put value of  114,800,000 Combined total value = 437,199,350,000

Strike  15000  has a total call value of 453,146,400,000  versus a total put value of  0 Combined total value = 453,146,400,000

Strike  15025  has a total call value of 471,029,650,000  versus a total put value of  0 Combined total value = 471,029,650,000

Strike  15050  has a total call value of 488,912,900,000  versus a total put value of  0 Combined total value = 488,912,900,000

Strike  15075  has a total call value of 506,796,150,000  versus a total put value of  0 Combined total value = 506,796,150,000

Strike  15100  has a total call value of 524,679,400,000  versus a total put value of  0 Combined total value = 524,679,400,000

Strike  15125  has a total call value of 542,623,200,000  versus a total put value of  0 Combined total value = 542,623,200,000

Strike  15150  has a total call value of 560,567,000,000  versus a total put value of  0 Combined total value = 560,567,000,000

Strike  15175  has a total call value of 578,510,800,000  versus a total put value of  0 Combined total value = 578,510,800,000

Strike  15200  has a total call value of 596,454,600,000  versus a total put value of  0 Combined total value = 596,454,600,000

Strike  15225  has a total call value of 614,404,000,000  versus a total put value of  0 Combined total value = 614,404,000,000

Strike  15250  has a total call value of 632,353,400,000  versus a total put value of  0 Combined total value = 632,353,400,000

Strike  15275  has a total call value of 650,302,800,000  versus a total put value of  0 Combined total value = 650,302,800,000

Strike  15300  has a total call value of 668,252,200,000  versus a total put value of  0 Combined total value = 668,252,200,000

Strike  15325  has a total call value of 686,349,300,000  versus a total put value of  0 Combined total value = 686,349,300,000

Strike  15350  has a total call value of 704,446,400,000  versus a total put value of  0 Combined total value = 704,446,400,000

Strike  15375  has a total call value of 722,543,500,000  versus a total put value of  0 Combined total value = 722,543,500,000

Strike  15400  has a total call value of 740,640,600,000  versus a total put value of  0 Combined total value = 740,640,600,000

Strike  15425  has a total call value of 758,744,700,000  versus a total put value of  0 Combined total value = 758,744,700,000

Strike  15450  has a total call value of 776,848,800,000  versus a total put value of  0 Combined total value = 776,848,800,000

Strike  15475  has a total call value of 794,952,900,000  versus a total put value of  0 Combined total value = 794,952,900,000

Strike  15500  has a total call value of 813,057,000,000  versus a total put value of  0 Combined total value = 813,057,000,000

Strike  15525  has a total call value of 831,367,600,000  versus a total put value of  0 Combined total value = 831,367,600,000

Strike  15550  has a total call value of 849,678,200,000  versus a total put value of  0 Combined total value = 849,678,200,000

Strike  15575  has a total call value of 867,988,800,000  versus a total put value of  0 Combined total value = 867,988,800,000

Strike  15600  has a total call value of 886,299,400,000  versus a total put value of  0 Combined total value = 886,299,400,000

Max-Pain Table for Stocks
  Note:- click on symbol to see more detailed view
Max Pain Table (Stocks)
Symbol Symbol Ltp Max Pain
360ONE 1146.7 1140
ABB 5173.5 5150
ABCAPITAL 358.75 350
ADANIENSOL 978.85 980
ADANIENT 2265.4 2300
ADANIGREEN 1017.7 1020
ADANIPORTS 1509.4 1500
ALKEM 5675.5 5700
AMBER 6562.5 6600
AMBUJACEM 533.8 550
ANGELONE 2641.7 2650
APLAPOLLO 1771 1760
APOLLOHOSP 7189.5 7350
ASHOKLEY 160.86 157
ASIANPAINT 2968.5 2920
ASTRAL 1459.5 1460
AUBANK 960.7 940
AUROPHARMA 1217.6 1220
AXISBANK 1282.5 1280
BAJAJ-AUTO 9109 9100
BAJAJFINSV 2096.5 2080
BAJFINANCE 1048 1030
BANDHANBNK 140.08 150
BANKBARODA 292.6 292.5
BANKINDIA 143.11 145
BDL 1512.5 1520
BEL 406.9 410
BHARATFORG 1406 1400
BHARTIARTL 2108.8 2100
BHEL 277.75 285
BIOCON 392.65 400
BLUESTARCO 1734.4 1760
BOSCHLTD 36920 36500
BPCL 360.3 362.5
BRITANNIA 5961 5900
BSE 2815.9 2800
CAMS 775.7 780
CANBK 148.64 150
CDSL 1550.6 1600
CGPOWER 661.35 680
CHOLAFIN 1730.4 1700
CIPLA 1520.8 1530
COALINDIA 379.95 380
COFORGE 1977.9 1860
COLPAL 2164.4 2200
CONCOR 511.05 520
CROMPTON 260.1 270
CUMMINSIND 4468.9 4500
CYIENT 1169.2 1160
DABUR 510.1 515
DALBHARAT 1989 2000
DELHIVERY 404.6 420
DIVISLAB 6473.5 6450
DIXON 13749 14500
DLF 719.75 730
DMART 3952.1 4000
DRREDDY 1275.2 1270
EICHERMOT 7208 7100
ETERNAL 292.4 305
EXIDEIND 380.15 380
FEDERALBNK 259.2 255
FORTIS 888.55 910
GAIL 169.98 175
GLENMARK 1968.2 1940
GMRAIRPORT 103.51 102
GODREJCP 1136 1140
GODREJPROP 2082.4 2100
GRASIM 2747 2760
HAL 4443 4500
HAVELLS 1436.5 1440
HCLTECH 1683 1640
HDFCAMC 2577.5 2650
HDFCBANK 1003.3 1000
HDFCLIFE 768.3 770
HEROMOTOCO 6350.5 6200
HFCL 69.03 70
HINDALCO 823.25 800
HINDPETRO 450.35 455
HINDUNILVR 2338.6 2360
HINDZINC 498.1 490
HUDCO 225.22 230
ICICIBANK 1392.5 1380
ICICIGI 1974.4 2000
ICICIPRULI 626.05 620
IDEA 10.8 10
IDFCFIRSTB 80.87 80
IEX 145.31 145
IIFL 569.35 560
INDHOTEL 730.9 740
INDIANB 808.95 830
INDIGO 5370.5 5500
INDUSINDBK 870.1 860
INDUSTOWER 415.7 410
INFY 1616.2 1600
INOXWIND 130.24 137.5
IOC 163.66 164
IRCTC 675.2 690
IREDA 133.4 140
IRFC 114.6 118
ITC 404.95 405
JINDALSTEL 1006.8 1030
JIOFIN 303.75 310
JSWENERGY 461.95 490
JSWSTEEL 1162.2 1150
JUBLFOOD 593.2 600
KALYANKJIL 492.5 490
KAYNES 4353.5 4900
KEI 4163.5 4150
KFINTECH 1066.4 1080
KOTAKBANK 2154.9 2120
KPITTECH 1267 1240
LAURUSLABS 1026.1 1000
LICHSGFIN 541.8 555
LICI 869.9 900
LODHA 1111.6 1160
LT 4038.2 4020
LTF 309.6 305
LTIM 6292 6150
LUPIN 2098.8 2080
M&M 3717.1 3700
MANAPPURAM 279.7 280
MANKIND 2205.5 2250
MARICO 736.65 730
MARUTI 16282 16200
MAXHEALTH 1097.4 1120
MAZDOCK 2616.3 2700
MCX 10343 10100
MFSL 1690.2 1700
MOTHERSON 117.05 115
MPHASIS 2953.6 2900
MUTHOOTFIN 3800.1 3700
NATIONALUM 273.15 265
NAUKRI 1388.7 1380
NBCC 112.06 115
NCC 168.16 172.5
NESTLEIND 1246.9 1260
NHPC 77.07 78
NMDC 76.46 76
NTPC 323.3 325
NUVAMA 7172.5 7200
NYKAA 254.8 260
OBEROIRLTY 1657.7 1660
OFSS 8219 8200
OIL 411.95 415
ONGC 241.23 244
PAGEIND 37455 38000
PATANJALI 550.8 550
PAYTM 1344.6 1320
PERSISTENT 6520.5 6400
PETRONET 274.8 280
PFC 352.65 365
PGEL 553.9 570
PHOENIXLTD 1725.1 1740
PIDILITIND 1475.1 1480
PIIND 3396.1 3450
PNB 121.71 123
PNBHOUSING 903.85 900
POLICYBZR 1893.8 1860
POLYCAB 7257 7400
POWERGRID 269.8 275
POWERINDIA 19305 20500
PPLPHARMA 179.85 185
PRESTIGE 1689.7 1680
RBLBANK 305.8 310
RECLTD 353.3 360
RELIANCE 1540.6 1540
RVNL 310.85 315
SAIL 132.54 135
SAMMAANCAP 148.32 155
SBICARD 885.15 880
SBILIFE 2023.7 2020
SBIN 971.5 975
SHREECEM 26075 26500
SHRIRAMFIN 854.9 840
SIEMENS 3325.9 3300
SOLARINDS 12819 13250
SONACOMS 492.85 500
SRF 2885.4 2900
SUNPHARMA 1805.3 1800
SUPREMEIND 3371.1 3450
SUZLON 51.74 55
SYNGENE 639.8 640
TATACONSUM 1162.9 1170
TATAELXSI 5217.5 5300
TATAMOTORS 0 320
TATAPOWER 384.5 390
TATASTEEL 167.11 170
TATATECH 666.45 680
TCS 3238.2 3200
TECHM 1570.8 1520
TIINDIA 2666.7 2850
TITAGARH 789.05 820
TITAN 3813.3 3860
TMPV 353.6 360
TORNTPHARM 3785.9 3750
TORNTPOWER 1289.9 1300
TRENT 4183.1 4300
TVSMOTOR 3665.4 3600
ULTRACEMCO 11597 11700
UNIONBANK 153.3 155
UNITDSPR 1455.6 1450
UNOMINDA 1272.4 1300
UPL 759.1 760
VBL 479.95 470
VEDL 524.5 520
VOLTAS 1327 1360
WIPRO 259.91 255
YESBANK 22.6 23
ZYDUSLIFE 931.45 940

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.