MIDCPNIFTY
Nifty Midcap Select
Max pain for MIDCPNIFTY
21 Nov 2024 02:40 PM IST
Max Pain for MIDCPNIFTY is 12175
Strike 10600 has a total call value of 0 versus a total put value of 1,371,437,375,000 Combined total value = 1,371,437,375,000
Strike 10625 has a total call value of 0 versus a total put value of 1,343,086,375,000 Combined total value = 1,343,086,375,000
Strike 10650 has a total call value of 0 versus a total put value of 1,314,735,375,000 Combined total value = 1,314,735,375,000
Strike 10675 has a total call value of 0 versus a total put value of 1,286,384,375,000 Combined total value = 1,286,384,375,000
Strike 10700 has a total call value of 0 versus a total put value of 1,258,033,375,000 Combined total value = 1,258,033,375,000
Strike 10725 has a total call value of 0 versus a total put value of 1,229,682,375,000 Combined total value = 1,229,682,375,000
Strike 10750 has a total call value of 0 versus a total put value of 1,201,331,375,000 Combined total value = 1,201,331,375,000
Strike 10775 has a total call value of 0 versus a total put value of 1,172,980,375,000 Combined total value = 1,172,980,375,000
Strike 10800 has a total call value of 0 versus a total put value of 1,144,629,375,000 Combined total value = 1,144,629,375,000
Strike 10825 has a total call value of 0 versus a total put value of 1,116,346,500,000 Combined total value = 1,116,346,500,000
Strike 10850 has a total call value of 0 versus a total put value of 1,088,063,625,000 Combined total value = 1,088,063,625,000
Strike 10875 has a total call value of 0 versus a total put value of 1,059,780,750,000 Combined total value = 1,059,780,750,000
Strike 10900 has a total call value of 0 versus a total put value of 1,031,497,875,000 Combined total value = 1,031,497,875,000
Strike 10925 has a total call value of 0 versus a total put value of 1,003,221,375,000 Combined total value = 1,003,221,375,000
Strike 10950 has a total call value of 0 versus a total put value of 974,944,875,000 Combined total value = 974,944,875,000
Strike 10975 has a total call value of 0 versus a total put value of 946,668,375,000 Combined total value = 946,668,375,000
Strike 11000 has a total call value of 0 versus a total put value of 918,391,875,000 Combined total value = 918,391,875,000
Strike 11025 has a total call value of 0 versus a total put value of 891,768,500,000 Combined total value = 891,768,500,000
Strike 11050 has a total call value of 0 versus a total put value of 865,145,125,000 Combined total value = 865,145,125,000
Strike 11075 has a total call value of 0 versus a total put value of 838,521,750,000 Combined total value = 838,521,750,000
Strike 11100 has a total call value of 0 versus a total put value of 811,898,375,000 Combined total value = 811,898,375,000
Strike 11125 has a total call value of 0 versus a total put value of 785,603,250,000 Combined total value = 785,603,250,000
Strike 11150 has a total call value of 0 versus a total put value of 759,308,125,000 Combined total value = 759,308,125,000
Strike 11175 has a total call value of 0 versus a total put value of 733,013,000,000 Combined total value = 733,013,000,000
Strike 11200 has a total call value of 0 versus a total put value of 706,717,875,000 Combined total value = 706,717,875,000
Strike 11225 has a total call value of 0 versus a total put value of 681,187,500,000 Combined total value = 681,187,500,000
Strike 11250 has a total call value of 0 versus a total put value of 655,657,125,000 Combined total value = 655,657,125,000
Strike 11275 has a total call value of 0 versus a total put value of 630,126,750,000 Combined total value = 630,126,750,000
Strike 11300 has a total call value of 0 versus a total put value of 604,596,375,000 Combined total value = 604,596,375,000
Strike 11325 has a total call value of 0 versus a total put value of 580,025,625,000 Combined total value = 580,025,625,000
Strike 11350 has a total call value of 0 versus a total put value of 555,472,000,000 Combined total value = 555,472,000,000
Strike 11375 has a total call value of 0 versus a total put value of 531,122,875,000 Combined total value = 531,122,875,000
Strike 11400 has a total call value of 0 versus a total put value of 506,832,250,000 Combined total value = 506,832,250,000
Strike 11425 has a total call value of 0 versus a total put value of 483,036,750,000 Combined total value = 483,036,750,000
Strike 11450 has a total call value of 0 versus a total put value of 459,271,875,000 Combined total value = 459,271,875,000
Strike 11475 has a total call value of 0 versus a total put value of 435,759,000,000 Combined total value = 435,759,000,000
Strike 11500 has a total call value of 0 versus a total put value of 412,312,625,000 Combined total value = 412,312,625,000
Strike 11525 has a total call value of 1,625,000 versus a total put value of 391,995,750,000 Combined total value = 391,997,375,000
Strike 11550 has a total call value of 3,250,000 versus a total put value of 371,741,250,000 Combined total value = 371,744,500,000
Strike 11575 has a total call value of 4,875,000 versus a total put value of 351,837,250,000 Combined total value = 351,842,125,000
Strike 11600 has a total call value of 6,500,000 versus a total put value of 331,990,375,000 Combined total value = 331,996,875,000
Strike 11625 has a total call value of 8,625,000 versus a total put value of 312,948,500,000 Combined total value = 312,957,125,000
Strike 11650 has a total call value of 10,750,000 versus a total put value of 294,024,625,000 Combined total value = 294,035,375,000
Strike 11675 has a total call value of 12,875,000 versus a total put value of 275,403,000,000 Combined total value = 275,415,875,000
Strike 11700 has a total call value of 15,000,000 versus a total put value of 256,932,500,000 Combined total value = 256,947,500,000
Strike 11725 has a total call value of 17,750,000 versus a total put value of 239,766,000,000 Combined total value = 239,783,750,000
Strike 11750 has a total call value of 20,500,000 versus a total put value of 222,812,250,000 Combined total value = 222,832,750,000
Strike 11775 has a total call value of 23,375,000 versus a total put value of 206,241,625,000 Combined total value = 206,265,000,000
Strike 11800 has a total call value of 26,250,000 versus a total put value of 189,787,250,000 Combined total value = 189,813,500,000
Strike 11825 has a total call value of 56,125,000 versus a total put value of 174,166,250,000 Combined total value = 174,222,375,000
Strike 11850 has a total call value of 87,125,000 versus a total put value of 158,663,125,000 Combined total value = 158,750,250,000
Strike 11875 has a total call value of 120,625,000 versus a total put value of 143,477,750,000 Combined total value = 143,598,375,000
Strike 11900 has a total call value of 155,375,000 versus a total put value of 128,452,125,000 Combined total value = 128,607,500,000
Strike 11925 has a total call value of 224,625,000 versus a total put value of 114,176,625,000 Combined total value = 114,401,250,000
Strike 11950 has a total call value of 305,625,000 versus a total put value of 100,146,500,000 Combined total value = 100,452,125,000
Strike 11975 has a total call value of 427,875,000 versus a total put value of 86,520,875,000 Combined total value = 86,948,750,000
Strike 12000 has a total call value of 600,125,000 versus a total put value of 73,291,250,000 Combined total value = 73,891,375,000
Strike 12025 has a total call value of 1,317,625,000 versus a total put value of 62,248,750,000 Combined total value = 63,566,375,000
Strike 12050 has a total call value of 2,116,625,000 versus a total put value of 51,773,500,000 Combined total value = 53,890,125,000
Strike 12075 has a total call value of 3,077,875,000 versus a total put value of 42,181,250,000 Combined total value = 45,259,125,000
Strike 12100 has a total call value of 4,243,250,000 versus a total put value of 33,243,875,000 Combined total value = 37,487,125,000
Strike 12125 has a total call value of 6,849,625,000 versus a total put value of 26,732,125,000 Combined total value = 33,581,750,000
Strike 12150 has a total call value of 9,962,375,000 versus a total put value of 20,956,250,000 Combined total value = 30,918,625,000
Strike 12175 has a total call value of 13,772,375,000 versus a total put value of 16,468,375,000 Combined total value = 30,240,750,000
Strike 12200 has a total call value of 18,290,375,000 versus a total put value of 12,598,750,000 Combined total value = 30,889,125,000
Strike 12225 has a total call value of 25,244,875,000 versus a total put value of 10,230,625,000 Combined total value = 35,475,500,000
Strike 12250 has a total call value of 33,205,625,000 versus a total put value of 8,098,125,000 Combined total value = 41,303,750,000
Strike 12275 has a total call value of 42,207,750,000 versus a total put value of 6,264,875,000 Combined total value = 48,472,625,000
Strike 12300 has a total call value of 51,801,500,000 versus a total put value of 4,637,625,000 Combined total value = 56,439,125,000
Strike 12325 has a total call value of 63,675,875,000 versus a total put value of 3,977,750,000 Combined total value = 67,653,625,000
Strike 12350 has a total call value of 76,095,500,000 versus a total put value of 3,426,750,000 Combined total value = 79,522,250,000
Strike 12375 has a total call value of 89,174,750,000 versus a total put value of 2,943,875,000 Combined total value = 92,118,625,000
Strike 12400 has a total call value of 102,598,000,000 versus a total put value of 2,517,375,000 Combined total value = 105,115,375,000
Strike 12425 has a total call value of 117,750,125,000 versus a total put value of 2,278,250,000 Combined total value = 120,028,375,000
Strike 12450 has a total call value of 133,400,250,000 versus a total put value of 2,057,625,000 Combined total value = 135,457,875,000
Strike 12475 has a total call value of 149,482,250,000 versus a total put value of 1,852,500,000 Combined total value = 151,334,750,000
Strike 12500 has a total call value of 165,857,000,000 versus a total put value of 1,659,375,000 Combined total value = 167,516,375,000
Strike 12525 has a total call value of 183,591,750,000 versus a total put value of 1,550,125,000 Combined total value = 185,141,875,000
Strike 12550 has a total call value of 201,542,500,000 versus a total put value of 1,443,875,000 Combined total value = 202,986,375,000
Strike 12575 has a total call value of 220,559,375,000 versus a total put value of 1,337,625,000 Combined total value = 221,897,000,000
Strike 12600 has a total call value of 239,876,750,000 versus a total put value of 1,231,375,000 Combined total value = 241,108,125,000
Strike 12625 has a total call value of 260,559,125,000 versus a total put value of 1,133,125,000 Combined total value = 261,692,250,000
Strike 12650 has a total call value of 281,437,625,000 versus a total put value of 1,034,875,000 Combined total value = 282,472,500,000
Strike 12675 has a total call value of 302,741,000,000 versus a total put value of 936,625,000 Combined total value = 303,677,625,000
Strike 12700 has a total call value of 324,343,500,000 versus a total put value of 838,375,000 Combined total value = 325,181,875,000
Strike 12725 has a total call value of 347,728,125,000 versus a total put value of 767,000,000 Combined total value = 348,495,125,000
Strike 12750 has a total call value of 371,272,750,000 versus a total put value of 695,875,000 Combined total value = 371,968,625,000
Strike 12775 has a total call value of 395,022,375,000 versus a total put value of 624,750,000 Combined total value = 395,647,125,000
Strike 12800 has a total call value of 418,927,750,000 versus a total put value of 553,625,000 Combined total value = 419,481,375,000
Strike 12825 has a total call value of 443,792,125,000 versus a total put value of 482,500,000 Combined total value = 444,274,625,000
Strike 12850 has a total call value of 468,715,000,000 versus a total put value of 411,375,000 Combined total value = 469,126,375,000
Strike 12875 has a total call value of 493,907,625,000 versus a total put value of 340,250,000 Combined total value = 494,247,875,000
Strike 12900 has a total call value of 519,100,250,000 versus a total put value of 269,125,000 Combined total value = 519,369,375,000
Strike 12925 has a total call value of 544,663,375,000 versus a total put value of 202,250,000 Combined total value = 544,865,625,000
Strike 12950 has a total call value of 570,255,500,000 versus a total put value of 135,375,000 Combined total value = 570,390,875,000
Strike 12975 has a total call value of 596,011,000,000 versus a total put value of 68,500,000 Combined total value = 596,079,500,000
Strike 13000 has a total call value of 621,766,500,000 versus a total put value of 1,625,000 Combined total value = 621,768,125,000
Strike 13025 has a total call value of 650,411,750,000 versus a total put value of 0 Combined total value = 650,411,750,000
Strike 13050 has a total call value of 679,069,625,000 versus a total put value of 0 Combined total value = 679,069,625,000
Strike 13075 has a total call value of 707,788,250,000 versus a total put value of 0 Combined total value = 707,788,250,000
Strike 13100 has a total call value of 736,506,875,000 versus a total put value of 0 Combined total value = 736,506,875,000
Strike 13125 has a total call value of 765,602,125,000 versus a total put value of 0 Combined total value = 765,602,125,000
Strike 13150 has a total call value of 794,697,750,000 versus a total put value of 0 Combined total value = 794,697,750,000
Strike 13175 has a total call value of 823,794,375,000 versus a total put value of 0 Combined total value = 823,794,375,000
Strike 13200 has a total call value of 852,891,250,000 versus a total put value of 0 Combined total value = 852,891,250,000
Strike 13225 has a total call value of 882,264,375,000 versus a total put value of 0 Combined total value = 882,264,375,000
Strike 13250 has a total call value of 911,637,500,000 versus a total put value of 0 Combined total value = 911,637,500,000
Strike 13275 has a total call value of 941,010,625,000 versus a total put value of 0 Combined total value = 941,010,625,000
Strike 13300 has a total call value of 970,383,750,000 versus a total put value of 0 Combined total value = 970,383,750,000
Strike 13325 has a total call value of 999,809,125,000 versus a total put value of 0 Combined total value = 999,809,125,000
Strike 13350 has a total call value of 1,029,234,500,000 versus a total put value of 0 Combined total value = 1,029,234,500,000
Strike 13375 has a total call value of 1,058,659,875,000 versus a total put value of 0 Combined total value = 1,058,659,875,000
Strike 13400 has a total call value of 1,088,085,250,000 versus a total put value of 0 Combined total value = 1,088,085,250,000
Strike 13425 has a total call value of 1,117,524,125,000 versus a total put value of 0 Combined total value = 1,117,524,125,000
Strike 13450 has a total call value of 1,146,963,000,000 versus a total put value of 0 Combined total value = 1,146,963,000,000
Strike 13475 has a total call value of 1,176,401,875,000 versus a total put value of 0 Combined total value = 1,176,401,875,000
Strike 13500 has a total call value of 1,205,840,750,000 versus a total put value of 0 Combined total value = 1,205,840,750,000
Strike 13525 has a total call value of 1,235,446,250,000 versus a total put value of 0 Combined total value = 1,235,446,250,000
Strike 13550 has a total call value of 1,265,051,750,000 versus a total put value of 0 Combined total value = 1,265,051,750,000
Strike 13575 has a total call value of 1,294,657,250,000 versus a total put value of 0 Combined total value = 1,294,657,250,000
Strike 13600 has a total call value of 1,324,264,500,000 versus a total put value of 0 Combined total value = 1,324,264,500,000
Strike 13625 has a total call value of 1,353,931,500,000 versus a total put value of 0 Combined total value = 1,353,931,500,000
Strike 13650 has a total call value of 1,383,598,500,000 versus a total put value of 0 Combined total value = 1,383,598,500,000
Strike 13675 has a total call value of 1,413,267,000,000 versus a total put value of 0 Combined total value = 1,413,267,000,000
Strike 13700 has a total call value of 1,442,937,500,000 versus a total put value of 0 Combined total value = 1,442,937,500,000
Strike 13725 has a total call value of 1,472,608,000,000 versus a total put value of 0 Combined total value = 1,472,608,000,000
Strike 13750 has a total call value of 1,502,278,500,000 versus a total put value of 0 Combined total value = 1,502,278,500,000
Strike 13775 has a total call value of 1,531,949,000,000 versus a total put value of 0 Combined total value = 1,531,949,000,000
Strike 13800 has a total call value of 1,561,619,500,000 versus a total put value of 0 Combined total value = 1,561,619,500,000
Strike 13825 has a total call value of 1,591,290,000,000 versus a total put value of 0 Combined total value = 1,591,290,000,000
Strike 13850 has a total call value of 1,620,960,500,000 versus a total put value of 0 Combined total value = 1,620,960,500,000
Strike 13875 has a total call value of 1,650,631,000,000 versus a total put value of 0 Combined total value = 1,650,631,000,000
Strike 13900 has a total call value of 1,680,301,500,000 versus a total put value of 0 Combined total value = 1,680,301,500,000
Strike 13925 has a total call value of 1,709,972,000,000 versus a total put value of 0 Combined total value = 1,709,972,000,000
Strike 13950 has a total call value of 1,739,642,500,000 versus a total put value of 0 Combined total value = 1,739,642,500,000
Strike 13975 has a total call value of 1,769,313,000,000 versus a total put value of 0 Combined total value = 1,769,313,000,000
Strike 14000 has a total call value of 1,798,983,500,000 versus a total put value of 0 Combined total value = 1,798,983,500,000
Strike 14025 has a total call value of 1,828,829,875,000 versus a total put value of 0 Combined total value = 1,828,829,875,000
Strike 14050 has a total call value of 1,858,676,250,000 versus a total put value of 0 Combined total value = 1,858,676,250,000
Strike 14075 has a total call value of 1,888,522,625,000 versus a total put value of 0 Combined total value = 1,888,522,625,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 424.35 | 470 |
| ABB | 6759.45 | 7000 |
| ABBOTINDIA | 27018.25 | 28000 |
| ABCAPITAL | 183.67 | 200 |
| ABFRL | 284.8 | 300 |
| ACC | 2029.6 | 2220 |
| ADANIENT | 2263.7 | 2600 |
| ADANIPORTS | 1131.3 | 1200 |
| ALKEM | 5590.2 | 5500 |
| AMBUJACEM | 492.2 | 540 |
| APOLLOHOSP | 6727.85 | 6900 |
| APOLLOTYRE | 481.5 | 480 |
| ASHOKLEY | 217.63 | 220 |
| ASIANPAINT | 2430.05 | 2540 |
| ASTRAL | 1713 | 1780 |
| ATUL | 7230.15 | 7500 |
| AUBANK | 592.75 | 590 |
| AUROPHARMA | 1219 | 1300 |
| AXISBANK | 1138.5 | 1150 |
| BAJAJ-AUTO | 9486.85 | 9700 |
| BAJAJFINSV | 1568.1 | 1620 |
| BAJFINANCE | 6468.7 | 6700 |
| BALKRISIND | 2738 | 2800 |
| BANDHANBNK | 166.22 | 180 |
| BANKBARODA | 228.65 | 240 |
| BATAINDIA | 1280 | 1310 |
| BEL | 274.05 | 285 |
| BERGEPAINT | 464.95 | 495 |
| BHARATFORG | 1295 | 1340 |
| BHARTIARTL | 1521 | 1540 |
| BHEL | 227.71 | 235 |
| BIOCON | 323.95 | 330 |
| BOSCHLTD | 34076.5 | 34000 |
| BPCL | 281.7 | 300 |
| BRITANNIA | 4782.3 | 5000 |
| BSOFT | 546.05 | 560 |
| CANBK | 94.63 | 100 |
| CANFINHOME | 820.9 | 830 |
| CHAMBLFERT | 455.55 | 480 |
| CHOLAFIN | 1206.35 | 1240 |
| CIPLA | 1461.5 | 1520 |
| COALINDIA | 404.9 | 425 |
| COFORGE | 8203.05 | 8000 |
| COLPAL | 2689 | 2800 |
| CONCOR | 767.5 | 810 |
| COROMANDEL | 1772.15 | 1720 |
| CROMPTON | 381.05 | 390 |
| CUB | 170.39 | 175 |
| CUMMINSIND | 3290 | 3400 |
| DABUR | 505.05 | 525 |
| DALBHARAT | 1774.15 | 1760 |
| DEEPAKNTR | 2616.65 | 2650 |
| DIVISLAB | 5953.5 | 5900 |
| DIXON | 14980 | 14750 |
| DLF | 775.2 | 780 |
| DRREDDY | 1193.9 | 1220 |
| EICHERMOT | 4891.3 | 4900 |
| ESCORTS | 3452 | 3600 |
| EXIDEIND | 415.1 | 440 |
| FEDERALBNK | 210.15 | 205 |
| GAIL | 187.69 | 197.5 |
| GLENMARK | 1464 | 1520 |
| GMRINFRA | 76.76 | 82 |
| GNFC | 556.25 | 570 |
| GODREJCP | 1180.9 | 1200 |
| GODREJPROP | 2699.95 | 2750 |
| GRANULES | 544.5 | 570 |
| GRASIM | 2545 | 2540 |
| GUJGASLTD | 452.7 | 470 |
| HAL | 3986.9 | 4200 |
| HAVELLS | 1632.05 | 1640 |
| HCLTECH | 1832.15 | 1820 |
| HDFCAMC | 4221.2 | 4300 |
| HDFCBANK | 1740 | 1740 |
| HDFCLIFE | 673.8 | 680 |
| HEROMOTOCO | 4755.55 | 4800 |
| HINDALCO | 644.15 | 650 |
| HINDCOPPER | 262 | 290 |
| HINDPETRO | 358.85 | 375 |
| HINDUNILVR | 2384.4 | 2480 |
| ICICIBANK | 1249.3 | 1260 |
| ICICIGI | 1812.75 | 1880 |
| ICICIPRULI | 678.3 | 690 |
| IDEA | 6.93 | 8 |
| IDFCFIRSTB | 63.08 | 66 |
| IEX | 161.22 | 170 |
| IGL | 312.05 | 330 |
| INDHOTEL | 786.1 | 760 |
| INDIAMART | 2249 | 2400 |
| INDIGO | 4056.3 | 4000 |
| INDUSINDBK | 973.9 | 1040 |
| INDUSTOWER | 328.75 | 340 |
| INFY | 1836.95 | 1800 |
| IOC | 130.67 | 140 |
| IPCALAB | 1569.7 | 1560 |
| IRCTC | 794 | 820 |
| ITC | 456.25 | 475 |
| JINDALSTEL | 869.95 | 900 |
| JKCEMENT | 4005.95 | 4000 |
| JSWSTEEL | 940.75 | 960 |
| JUBLFOOD | 610.65 | 620 |
| KOTAKBANK | 1734.3 | 1760 |
| LALPATHLAB | 3033.75 | 3100 |
| LAURUSLABS | 488.5 | 490 |
| LICHSGFIN | 610.35 | 630 |
| LT | 3483.45 | 3600 |
| LTF | 137.68 | 140 |
| LTIM | 5928.3 | 5900 |
| LTTS | 5176.1 | 5150 |
| LUPIN | 2038.75 | 2100 |
| M&M | 2935 | 2900 |
| M&MFIN | 257.05 | 265 |
| MANAPPURAM | 150.54 | 155 |
| MARICO | 590.9 | 600 |
| MARUTI | 10870.55 | 11000 |
| MCX | 6158.65 | 6200 |
| METROPOLIS | 2011 | 2060 |
| MFSL | 1173.75 | 1200 |
| MGL | 1116.45 | 1160 |
| MOTHERSON | 161.53 | 175 |
| MPHASIS | 2786.95 | 2850 |
| MRF | 123125.85 | 122500 |
| MUTHOOTFIN | 1902.5 | 1880 |
| NATIONALUM | 245.81 | 240 |
| NAUKRI | 7542.05 | 7700 |
| NAVINFLUOR | 3264.95 | 3400 |
| NESTLEIND | 2204.8 | 2280 |
| NMDC | 217.61 | 225 |
| NTPC | 355.1 | 370 |
| OBEROIRLTY | 1924.15 | 1960 |
| OFSS | 11145 | 11500 |
| ONGC | 241.65 | 250 |
| PAGEIND | 44461.35 | 45500 |
| PEL | 1055.25 | 1060 |
| PERSISTENT | 5734.1 | 5600 |
| PETRONET | 320.5 | 328 |
| PFC | 453.3 | 460 |
| PIDILITIND | 2937 | 3060 |
| PIIND | 4124.5 | 4200 |
| PNB | 96.63 | 102 |
| POLYCAB | 6411.45 | 6500 |
| POWERGRID | 324.3 | 320 |
| PVRINOX | 1444.95 | 1500 |
| RAMCOCEM | 914 | 900 |
| RBLBANK | 157.07 | 160 |
| RECLTD | 490.65 | 510 |
| RELIANCE | 1220.35 | 1290 |
| SAIL | 110.55 | 117.5 |
| SBICARD | 675.45 | 690 |
| SBILIFE | 1480 | 1520 |
| SBIN | 780.15 | 800 |
| SHREECEM | 24127 | 24500 |
| SHRIRAMFIN | 2809.55 | 2900 |
| SIEMENS | 6657.45 | 6800 |
| SRF | 2152.5 | 2260 |
| SUNPHARMA | 1770 | 1800 |
| SUNTV | 727.25 | 730 |
| SYNGENE | 844.2 | 870 |
| TATACHEM | 1051.3 | 1100 |
| TATACOMM | 1709.3 | 1780 |
| TATACONSUM | 910.9 | 950 |
| TATAMOTORS | 773.75 | 800 |
| TATAPOWER | 409.4 | 420 |
| TATASTEEL | 140.05 | 145 |
| TCS | 4069.75 | 4100 |
| TECHM | 1699 | 1680 |
| TITAN | 3180.65 | 3200 |
| TORNTPHARM | 3100.9 | 3150 |
| TRENT | 6427.05 | 6600 |
| TVSMOTOR | 2394.1 | 2450 |
| UBL | 1817.9 | 1880 |
| ULTRACEMCO | 10943.45 | 11000 |
| UNITDSPR | 1490.8 | 1480 |
| UPL | 559.3 | 550 |
| VEDL | 441.1 | 460 |
| VOLTAS | 1666.4 | 1700 |
| WIPRO | 557.15 | 560 |
| ZYDUSLIFE | 943.25 | 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.
