MOTHERSON
Samvrdhna Mthrsn Intl Ltd
Max pain for MOTHERSON
14 Jan 2025 02:03 PM IST
Max Pain for MOTHERSON is 155
Strike 120 has a total call value of 0 versus a total put value of 77,807,125,000 Combined total value = 77,807,125,000
Strike 122.5 has a total call value of 0 versus a total put value of 71,875,075,000 Combined total value = 71,875,075,000
Strike 125 has a total call value of 0 versus a total put value of 65,943,025,000 Combined total value = 65,943,025,000
Strike 127.5 has a total call value of 0 versus a total put value of 60,206,225,000 Combined total value = 60,206,225,000
Strike 130 has a total call value of 7,100,000 versus a total put value of 54,520,900,000 Combined total value = 54,528,000,000
Strike 132.5 has a total call value of 31,062,500 versus a total put value of 49,403,575,000 Combined total value = 49,434,637,500
Strike 135 has a total call value of 65,675,000 versus a total put value of 44,319,975,000 Combined total value = 44,385,650,000
Strike 137.5 has a total call value of 127,800,000 versus a total put value of 39,588,712,500 Combined total value = 39,716,512,500
Strike 140 has a total call value of 205,900,000 versus a total put value of 34,987,912,500 Combined total value = 35,193,812,500
Strike 142.5 has a total call value of 433,987,500 versus a total put value of 30,932,037,500 Combined total value = 31,366,025,000
Strike 145 has a total call value of 768,575,000 versus a total put value of 27,119,337,500 Combined total value = 27,887,912,500
Strike 147.5 has a total call value of 1,438,637,500 versus a total put value of 23,583,537,500 Combined total value = 25,022,175,000
Strike 150 has a total call value of 2,349,212,500 versus a total put value of 20,223,462,500 Combined total value = 22,572,675,000
Strike 152.5 has a total call value of 4,070,075,000 versus a total put value of 17,307,137,500 Combined total value = 21,377,212,500
Strike 155 has a total call value of 6,137,062,500 versus a total put value of 14,510,625,000 Combined total value = 20,647,687,500
Strike 157.5 has a total call value of 9,179,412,500 versus a total put value of 12,006,100,000 Combined total value = 21,185,512,500
Strike 160 has a total call value of 12,683,262,500 versus a total put value of 10,174,300,000 Combined total value = 22,857,562,500
Strike 162.5 has a total call value of 17,897,325,000 versus a total put value of 8,733,000,000 Combined total value = 26,630,325,000
Strike 165 has a total call value of 23,435,325,000 versus a total put value of 7,465,650,000 Combined total value = 30,900,975,000
Strike 167.5 has a total call value of 30,011,700,000 versus a total put value of 6,438,812,500 Combined total value = 36,450,512,500
Strike 170 has a total call value of 36,760,250,000 versus a total put value of 5,467,000,000 Combined total value = 42,227,250,000
Strike 172.5 has a total call value of 44,453,100,000 versus a total put value of 4,721,500,000 Combined total value = 49,174,600,000
Strike 175 has a total call value of 52,145,950,000 versus a total put value of 3,976,000,000 Combined total value = 56,121,950,000
Strike 177.5 has a total call value of 60,440,525,000 versus a total put value of 3,230,500,000 Combined total value = 63,671,025,000
Strike 180 has a total call value of 68,735,100,000 versus a total put value of 2,485,000,000 Combined total value = 71,220,100,000
Strike 182.5 has a total call value of 77,642,937,500 versus a total put value of 2,089,175,000 Combined total value = 79,732,112,500
Strike 185 has a total call value of 86,550,775,000 versus a total put value of 1,693,350,000 Combined total value = 88,244,125,000
Strike 187.5 has a total call value of 96,071,875,000 versus a total put value of 1,333,025,000 Combined total value = 97,404,900,000
Strike 190 has a total call value of 105,592,975,000 versus a total put value of 972,700,000 Combined total value = 106,565,675,000
Strike 192.5 has a total call value of 115,583,562,500 versus a total put value of 729,525,000 Combined total value = 116,313,087,500
Strike 195 has a total call value of 125,574,150,000 versus a total put value of 486,350,000 Combined total value = 126,060,500,000
Strike 197.5 has a total call value of 135,604,675,000 versus a total put value of 243,175,000 Combined total value = 135,847,850,000
Strike 200 has a total call value of 145,635,200,000 versus a total put value of 0 Combined total value = 145,635,200,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 408.25 | 420 |
| ABB | 6118 | 6600 |
| ABBOTINDIA | 28225 | 29000 |
| ABCAPITAL | 173.49 | 182.5 |
| ABFRL | 269.85 | 280 |
| ACC | 1935.55 | 2060 |
| ADANIENSOL | 777.95 | 780 |
| ADANIENT | 2373.9 | 2500 |
| ADANIGREEN | 1004.5 | 1000 |
| ADANIPORTS | 1123.15 | 1180 |
| ALKEM | 5260.3 | 5450 |
| AMBUJACEM | 512.75 | 550 |
| ANGELONE | 2372.55 | 2500 |
| APLAPOLLO | 1465.55 | 1500 |
| APOLLOHOSP | 6695.3 | 7050 |
| APOLLOTYRE | 452.6 | 470 |
| ASHOKLEY | 209.99 | 220 |
| ASIANPAINT | 2246.55 | 2300 |
| ASTRAL | 1489.4 | 1600 |
| ATGL | 672.85 | 670 |
| ATUL | 6736.95 | 6700 |
| AUBANK | 575.75 | 565 |
| AUROPHARMA | 1173.1 | 1220 |
| AXISBANK | 1053.9 | 1080 |
| BAJAJ-AUTO | 8557.2 | 8900 |
| BAJAJFINSV | 1703.65 | 1640 |
| BAJFINANCE | 7359 | 7200 |
| BALKRISIND | 2702.3 | 2800 |
| BANDHANBNK | 145.81 | 160 |
| BANKBARODA | 222.8 | 240 |
| BANKINDIA | 93.19 | 98 |
| BATAINDIA | 1340 | 1380 |
| BEL | 267.7 | 280 |
| BERGEPAINT | 462.3 | 460 |
| BHARATFORG | 1191.4 | 1260 |
| BHARTIARTL | 1587.5 | 1600 |
| BHEL | 195.49 | 220 |
| BIOCON | 389.7 | 375 |
| BOSCHLTD | 31460 | 33000 |
| BPCL | 269.2 | 280 |
| BRITANNIA | 4869.5 | 4850 |
| BSE | 5428.9 | 5300 |
| BSOFT | 530.1 | 560 |
| CAMS | 4235 | 4700 |
| CANBK | 92.58 | 98 |
| CANFINHOME | 665.15 | 700 |
| CDSL | 1564.3 | 1700 |
| CESC | 152.67 | 160 |
| CGPOWER | 623.3 | 660 |
| CHAMBLFERT | 472.45 | 490 |
| CHOLAFIN | 1268.25 | 1260 |
| CIPLA | 1443.05 | 1500 |
| COALINDIA | 367.8 | 385 |
| COFORGE | 8558.1 | 9100 |
| COLPAL | 2692.85 | 2800 |
| CONCOR | 757.85 | 780 |
| COROMANDEL | 1817.1 | 1880 |
| CROMPTON | 357.3 | 370 |
| CUB | 166.94 | 170 |
| CUMMINSIND | 2922.15 | 3150 |
| CYIENT | 1683.35 | 1720 |
| DABUR | 511.05 | 515 |
| DALBHARAT | 1728.9 | 1740 |
| DEEPAKNTR | 2331.65 | 2500 |
| DELHIVERY | 324.85 | 335 |
| DIVISLAB | 5952.9 | 5900 |
| DIXON | 16162.95 | 17000 |
| DLF | 721.35 | 770 |
| DMART | 3459.7 | 3700 |
| DRREDDY | 1334 | 1350 |
| EICHERMOT | 5021.35 | 5000 |
| ESCORTS | 3450.9 | 3300 |
| EXIDEIND | 380.9 | 410 |
| FEDERALBNK | 192.66 | 197.5 |
| GAIL | 175.27 | 190 |
| GLENMARK | 1508.1 | 1560 |
| GMRAIRPORT | 71.32 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 534.75 | 550 |
| GODREJCP | 1135.6 | 1140 |
| GODREJPROP | 2285 | 2500 |
| GRANULES | 585.3 | 590 |
| GRASIM | 2297 | 2480 |
| GUJGASLTD | 485.8 | 495 |
| HAL | 3819.4 | 4150 |
| HAVELLS | 1536.25 | 1600 |
| HCLTECH | 1820 | 1840 |
| HDFCAMC | 3916.6 | 3950 |
| HDFCBANK | 1648.8 | 1700 |
| HDFCLIFE | 598.6 | 620 |
| HEROMOTOCO | 4098.95 | 4200 |
| HFCL | 97.12 | 105 |
| HINDALCO | 586.7 | 600 |
| HINDCOPPER | 222.69 | 250 |
| HINDPETRO | 370.4 | 390 |
| HINDUNILVR | 2372.7 | 2400 |
| HUDCO | 212.1 | 220 |
| ICICIBANK | 1237.4 | 1270 |
| ICICIGI | 1827.65 | 1860 |
| ICICIPRULI | 637.95 | 650 |
| IDEA | 8.1 | 8 |
| IDFCFIRSTB | 61.75 | 63 |
| IEX | 166.35 | 177.5 |
| IGL | 409.7 | 410 |
| INDHOTEL | 769.85 | 800 |
| INDIAMART | 2238.2 | 2300 |
| INDIANB | 501.2 | 520 |
| INDIGO | 3990.8 | 4300 |
| INDUSINDBK | 966.15 | 980 |
| INDUSTOWER | 337.85 | 340 |
| INFY | 1936.65 | 1940 |
| IOC | 125.92 | 135 |
| IPCALAB | 1587.35 | 1640 |
| IRB | 50.89 | 55 |
| IRCTC | 757.2 | 790 |
| IRFC | 134.24 | 137.5 |
| ITC | 437 | 445 |
| JINDALSTEL | 913.7 | 940 |
| JIOFIN | 271.2 | 285 |
| JKCEMENT | 4365.1 | 4500 |
| JSL | 627.65 | 630 |
| JSWENERGY | 548.1 | 570 |
| JSWSTEEL | 903.15 | 920 |
| JUBLFOOD | 706.85 | 730 |
| KALYANKJIL | 594.25 | 640 |
| KEI | 4017.85 | 4200 |
| KOTAKBANK | 1757.85 | 1800 |
| KPITTECH | 1322.9 | 1400 |
| LALPATHLAB | 2804.15 | 2950 |
| LAURUSLABS | 564.25 | 590 |
| LICHSGFIN | 551.3 | 580 |
| LICI | 816.65 | 860 |
| LODHA | 1138.55 | 1240 |
| LT | 3464.15 | 3600 |
| LTF | 133.12 | 140 |
| LTIM | 5770.45 | 5800 |
| LTTS | 4706.5 | 4800 |
| LUPIN | 2153.15 | 2240 |
| M&M | 3061.55 | 3100 |
| M&MFIN | 265.1 | 270 |
| MANAPPURAM | 176.9 | 190 |
| MARICO | 657.6 | 660 |
| MARUTI | 11752.35 | 11600 |
| MAXHEALTH | 1084.75 | 1140 |
| MCX | 5676.9 | 6000 |
| METROPOLIS | 1863.2 | 2000 |
| MFSL | 1047.8 | 1100 |
| MGL | 1271.75 | 1280 |
| MOTHERSON | 145.22 | 155 |
| MPHASIS | 2771 | 2900 |
| MRF | 114250 | 118000 |
| MUTHOOTFIN | 2127.7 | 2140 |
| NATIONALUM | 197.63 | 210 |
| NAUKRI | 7407.5 | 8000 |
| NAVINFLUOR | 3594.95 | 3650 |
| NCC | 244.9 | 260 |
| NESTLEIND | 2216 | 2200 |
| NHPC | 76.28 | 78 |
| NMDC | 62.99 | 67 |
| NTPC | 309.8 | 320 |
| NYKAA | 164.35 | 167.5 |
| OBEROIRLTY | 1980.45 | 2140 |
| OFSS | 10708.2 | 11500 |
| OIL | 465.9 | 460 |
| ONGC | 259.18 | 257.5 |
| PAGEIND | 46213.95 | 47000 |
| PAYTM | 819.35 | 880 |
| PEL | 1019.7 | 1080 |
| PERSISTENT | 5861.5 | 6200 |
| PETRONET | 323.95 | 335 |
| PFC | 415.45 | 440 |
| PIDILITIND | 2809.65 | 2900 |
| PIIND | 3468.5 | 3600 |
| PNB | 97.57 | 101 |
| POLICYBZR | 1736.4 | 1900 |
| POLYCAB | 6401.05 | 6700 |
| POONAWALLA | 309.1 | 315 |
| POWERGRID | 290.65 | 305 |
| PRESTIGE | 1421.65 | 1550 |
| PVRINOX | 1085 | 1180 |
| RAMCOCEM | 884.6 | 930 |
| RBLBANK | 153.56 | 160 |
| RECLTD | 475.4 | 500 |
| RELIANCE | 1234.45 | 1250 |
| SAIL | 105.55 | 110 |
| SBICARD | 731.7 | 730 |
| SBILIFE | 1495.85 | 1440 |
| SBIN | 751.15 | 780 |
| SHREECEM | 25044.35 | 25750 |
| SHRIRAMFIN | 538.55 | 570 |
| SIEMENS | 5818.05 | 6300 |
| SJVN | 93.7 | 100 |
| SONACOMS | 565.3 | 580 |
| SRF | 2510 | 2560 |
| SUNPHARMA | 1766.15 | 1820 |
| SUNTV | 655.65 | 670 |
| SUPREMEIND | 4371.95 | 4500 |
| SYNGENE | 827.3 | 850 |
| TATACHEM | 968.05 | 1020 |
| TATACOMM | 1670 | 1740 |
| TATACONSUM | 963.05 | 950 |
| TATAELXSI | 6052.15 | 6200 |
| TATAMOTORS | 775.35 | 780 |
| TATAPOWER | 354.65 | 380 |
| TATASTEEL | 127.11 | 135 |
| TCS | 4222.15 | 4200 |
| TECHM | 1657.35 | 1680 |
| TIINDIA | 3294 | 3550 |
| TITAN | 3323 | 3400 |
| TORNTPHARM | 3243.95 | 3350 |
| TRENT | 6149.3 | 6700 |
| TVSMOTOR | 2231.95 | 2320 |
| UBL | 1959.45 | 2000 |
| ULTRACEMCO | 10509.15 | 11100 |
| UNIONBANK | 103.19 | 110 |
| UNITDSPR | 1412.95 | 1500 |
| UPL | 540.85 | 530 |
| VBL | 563.45 | 600 |
| VEDL | 430.4 | 450 |
| VOLTAS | 1633.25 | 1720 |
| WIPRO | 292.8 | 295 |
| YESBANK | 17.79 | 19 |
| ZOMATO | 235.25 | 250 |
| ZYDUSLIFE | 993.1 | 1000 |
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.
