MOTHERSON
Samvrdhna Mthrsn Intl Ltd
Max pain for MOTHERSON
12 Nov 2024 04:12 PM IST
Max Pain for MOTHERSON is 180
Strike 140 has a total call value of 0 versus a total put value of 124,032,562,500 Combined total value = 124,032,562,500
Strike 142.5 has a total call value of 0 versus a total put value of 115,104,312,500 Combined total value = 115,104,312,500
Strike 145 has a total call value of 0 versus a total put value of 106,176,062,500 Combined total value = 106,176,062,500
Strike 147.5 has a total call value of 0 versus a total put value of 97,324,137,500 Combined total value = 97,324,137,500
Strike 150 has a total call value of 0 versus a total put value of 88,472,212,500 Combined total value = 88,472,212,500
Strike 152.5 has a total call value of 5,325,000 versus a total put value of 80,132,375,000 Combined total value = 80,137,700,000
Strike 155 has a total call value of 10,650,000 versus a total put value of 71,792,537,500 Combined total value = 71,803,187,500
Strike 157.5 has a total call value of 22,187,500 versus a total put value of 63,986,975,000 Combined total value = 64,009,162,500
Strike 160 has a total call value of 42,600,000 versus a total put value of 56,268,387,500 Combined total value = 56,310,987,500
Strike 162.5 has a total call value of 242,287,500 versus a total put value of 49,635,212,500 Combined total value = 49,877,500,000
Strike 165 has a total call value of 458,837,500 versus a total put value of 43,132,500,000 Combined total value = 43,591,337,500
Strike 167.5 has a total call value of 938,087,500 versus a total put value of 37,349,550,000 Combined total value = 38,287,637,500
Strike 170 has a total call value of 1,546,025,000 versus a total put value of 31,794,687,500 Combined total value = 33,340,712,500
Strike 172.5 has a total call value of 3,051,225,000 versus a total put value of 27,000,412,500 Combined total value = 30,051,637,500
Strike 175 has a total call value of 4,906,100,000 versus a total put value of 22,456,412,500 Combined total value = 27,362,512,500
Strike 177.5 has a total call value of 7,628,062,500 versus a total put value of 18,625,075,000 Combined total value = 26,253,137,500
Strike 180 has a total call value of 10,850,575,000 versus a total put value of 14,974,787,500 Combined total value = 25,825,362,500
Strike 182.5 has a total call value of 15,597,812,500 versus a total put value of 12,173,837,500 Combined total value = 27,771,650,000
Strike 185 has a total call value of 20,862,462,500 versus a total put value of 9,669,312,500 Combined total value = 30,531,775,000
Strike 187.5 has a total call value of 27,482,325,000 versus a total put value of 7,573,925,000 Combined total value = 35,056,250,000
Strike 190 has a total call value of 34,526,412,500 versus a total put value of 5,658,700,000 Combined total value = 40,185,112,500
Strike 192.5 has a total call value of 43,809,662,500 versus a total put value of 4,455,250,000 Combined total value = 48,264,912,500
Strike 195 has a total call value of 53,369,812,500 versus a total put value of 3,339,662,500 Combined total value = 56,709,475,000
Strike 197.5 has a total call value of 63,816,575,000 versus a total put value of 2,436,187,500 Combined total value = 66,252,762,500
Strike 200 has a total call value of 74,401,787,500 versus a total put value of 1,624,125,000 Combined total value = 76,025,912,500
Strike 202.5 has a total call value of 86,909,325,000 versus a total put value of 1,210,550,000 Combined total value = 88,119,875,000
Strike 205 has a total call value of 99,508,275,000 versus a total put value of 796,975,000 Combined total value = 100,305,250,000
Strike 207.5 has a total call value of 112,553,637,500 versus a total put value of 480,137,500 Combined total value = 113,033,775,000
Strike 210 has a total call value of 125,676,212,500 versus a total put value of 163,300,000 Combined total value = 125,839,512,500
Strike 212.5 has a total call value of 139,798,112,500 versus a total put value of 122,475,000 Combined total value = 139,920,587,500
Strike 215 has a total call value of 153,970,600,000 versus a total put value of 81,650,000 Combined total value = 154,052,250,000
Strike 217.5 has a total call value of 168,310,825,000 versus a total put value of 40,825,000 Combined total value = 168,351,650,000
Strike 220 has a total call value of 182,651,050,000 versus a total put value of 0 Combined total value = 182,651,050,000
Strike 222.5 has a total call value of 197,719,912,500 versus a total put value of 0 Combined total value = 197,719,912,500
Strike 225 has a total call value of 212,788,775,000 versus a total put value of 0 Combined total value = 212,788,775,000
Strike 227.5 has a total call value of 227,942,837,500 versus a total put value of 0 Combined total value = 227,942,837,500
Strike 230 has a total call value of 243,096,900,000 versus a total put value of 0 Combined total value = 243,096,900,000
Strike 232.5 has a total call value of 258,595,312,500 versus a total put value of 0 Combined total value = 258,595,312,500
Strike 235 has a total call value of 274,093,725,000 versus a total put value of 0 Combined total value = 274,093,725,000
Strike 237.5 has a total call value of 289,729,700,000 versus a total put value of 0 Combined total value = 289,729,700,000
Strike 240 has a total call value of 305,365,675,000 versus a total put value of 0 Combined total value = 305,365,675,000
Strike 242.5 has a total call value of 321,523,500,000 versus a total put value of 0 Combined total value = 321,523,500,000
Strike 245 has a total call value of 337,681,325,000 versus a total put value of 0 Combined total value = 337,681,325,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 445.25 | 460 |
| ABB | 6964.25 | 7200 |
| ABBOTINDIA | 28597.85 | 29000 |
| ABCAPITAL | 194.77 | 205 |
| ABFRL | 293.85 | 300 |
| ACC | 2263.9 | 2400 |
| ADANIENT | 2870 | 3000 |
| ADANIPORTS | 1326 | 1360 |
| ALKEM | 5503.4 | 5700 |
| AMBUJACEM | 556.6 | 580 |
| APOLLOHOSP | 7019.55 | 7200 |
| APOLLOTYRE | 471.35 | 480 |
| ASHOKLEY | 221.12 | 220 |
| ASIANPAINT | 2474.85 | 2600 |
| ASTRAL | 1742.65 | 1800 |
| ATUL | 7423.25 | 7700 |
| AUBANK | 579.25 | 590 |
| AUROPHARMA | 1267.4 | 1320 |
| AXISBANK | 1158.15 | 1170 |
| BAJAJ-AUTO | 9678.7 | 9900 |
| BAJAJFINSV | 1691.75 | 1740 |
| BAJFINANCE | 6638.2 | 6900 |
| BALKRISIND | 2742.25 | 2800 |
| BANDHANBNK | 172.59 | 180 |
| BANKBARODA | 252.7 | 255 |
| BATAINDIA | 1334.9 | 1340 |
| BEL | 290.15 | 295 |
| BERGEPAINT | 496.15 | 510 |
| BHARATFORG | 1360.6 | 1420 |
| BHARTIARTL | 1555.65 | 1600 |
| BHEL | 230.22 | 240 |
| BIOCON | 347.5 | 340 |
| BOSCHLTD | 33278.5 | 34000 |
| BPCL | 309.8 | 315 |
| BRITANNIA | 5027.55 | 5200 |
| BSOFT | 564.55 | 570 |
| CANBK | 101.5 | 105 |
| CANFINHOME | 828.85 | 850 |
| CHAMBLFERT | 483.95 | 500 |
| CHOLAFIN | 1239.75 | 1280 |
| CIPLA | 1525.15 | 1560 |
| COALINDIA | 414.05 | 434.25 |
| COFORGE | 8099.25 | 8000 |
| COLPAL | 2789.3 | 2900 |
| CONCOR | 809.75 | 840 |
| COROMANDEL | 1730.5 | 1700 |
| CROMPTON | 390.4 | 400 |
| CUB | 174.14 | 175 |
| CUMMINSIND | 3480.35 | 3550 |
| DABUR | 510.5 | 540 |
| DALBHARAT | 1786.7 | 1800 |
| DEEPAKNTR | 2572.9 | 2700 |
| DIVISLAB | 5810.7 | 5900 |
| DIXON | 15008.15 | 14750 |
| DLF | 764.85 | 800 |
| DRREDDY | 1263.9 | 1290 |
| EICHERMOT | 4738.2 | 4800 |
| ESCORTS | 3559.45 | 3650 |
| EXIDEIND | 431.8 | 450 |
| FEDERALBNK | 207.27 | 205 |
| GAIL | 194.15 | 205 |
| GLENMARK | 1577.05 | 1640 |
| GMRINFRA | 78.22 | 83 |
| GNFC | 589.2 | 630 |
| GODREJCP | 1176.2 | 1240 |
| GODREJPROP | 2645.1 | 2800 |
| GRANULES | 562.15 | 570 |
| GRASIM | 2521.2 | 2560 |
| GUJGASLTD | 503.05 | 520 |
| HAL | 4243.5 | 4400 |
| HAVELLS | 1603.4 | 1660 |
| HCLTECH | 1872.85 | 1820 |
| HDFCAMC | 4397.5 | 4450 |
| HDFCBANK | 1718.2 | 1740 |
| HDFCLIFE | 700 | 710 |
| HEROMOTOCO | 4724.2 | 4900 |
| HINDALCO | 651.65 | 660 |
| HINDCOPPER | 269.45 | 290 |
| HINDPETRO | 375.55 | 385 |
| HINDUNILVR | 2461.5 | 2520 |
| ICICIBANK | 1270.6 | 1270 |
| ICICIGI | 1892.25 | 1900 |
| ICICIPRULI | 702.1 | 720 |
| IDEA | 7.67 | 8 |
| IDFCFIRSTB | 66.24 | 67 |
| IEX | 166.23 | 175 |
| IGL | 427.3 | 430 |
| INDHOTEL | 730.4 | 720 |
| INDIAMART | 2308.15 | 2400 |
| INDIGO | 3912.9 | 4000 |
| INDUSINDBK | 1059.55 | 1080 |
| INDUSTOWER | 321 | 350 |
| INFY | 1868.8 | 1820 |
| IOC | 138.79 | 145 |
| IPCALAB | 1559.5 | 1560 |
| IRCTC | 811.65 | 840 |
| ITC | 472.85 | 480 |
| JINDALSTEL | 887 | 930 |
| JKCEMENT | 4062.55 | 4150 |
| JSWSTEEL | 957.25 | 990 |
| JUBLFOOD | 636.85 | 630 |
| KOTAKBANK | 1721.4 | 1760 |
| LALPATHLAB | 3029.9 | 3100 |
| LAURUSLABS | 489.55 | 490 |
| LICHSGFIN | 616.95 | 640 |
| LT | 3591.35 | 3600 |
| LTF | 138.57 | 145 |
| LTIM | 6005.05 | 5900 |
| LTTS | 5278.85 | 5200 |
| LUPIN | 2090.1 | 2120 |
| M&M | 2898.55 | 2900 |
| M&MFIN | 265.4 | 275 |
| MANAPPURAM | 157.99 | 155 |
| MARICO | 595.55 | 620 |
| MARUTI | 11143.1 | 11300 |
| MCX | 6104.35 | 6300 |
| METROPOLIS | 2174.3 | 2140 |
| MFSL | 1223.3 | 1220 |
| MGL | 1370.2 | 1420 |
| MOTHERSON | 166.04 | 180 |
| MPHASIS | 2853.45 | 2900 |
| MRF | 120924.15 | 122000 |
| MUTHOOTFIN | 1792.7 | 1860 |
| NATIONALUM | 225.91 | 227.5 |
| NAUKRI | 7821.3 | 7900 |
| NAVINFLUOR | 3322.05 | 3500 |
| NESTLEIND | 2256.2 | 2300 |
| NMDC | 224.76 | 230 |
| NTPC | 380.3 | 400 |
| OBEROIRLTY | 1989.65 | 2000 |
| OFSS | 11855.75 | 11500 |
| ONGC | 256.15 | 265 |
| PAGEIND | 47107.2 | 47000 |
| PEL | 1023.15 | 1060 |
| PERSISTENT | 5680.15 | 5500 |
| PETRONET | 322.7 | 333 |
| PFC | 467.15 | 470 |
| PIDILITIND | 3040.3 | 3140 |
| PIIND | 4548.9 | 4600 |
| PNB | 103.73 | 105 |
| POLYCAB | 6502.75 | 6700 |
| POWERGRID | 322.7 | 320 |
| PVRINOX | 1478.6 | 1500 |
| RAMCOCEM | 910 | 890 |
| RBLBANK | 159.68 | 167.5 |
| RECLTD | 514.5 | 530 |
| RELIANCE | 1274.25 | 1320 |
| SAIL | 114.17 | 120 |
| SBICARD | 679.25 | 695 |
| SBILIFE | 1562.45 | 1600 |
| SBIN | 826.7 | 840 |
| SHREECEM | 24372.8 | 24500 |
| SHRIRAMFIN | 2931.2 | 3100 |
| SIEMENS | 6799.45 | 7000 |
| SRF | 2253.05 | 2300 |
| SUNPHARMA | 1800.85 | 1820 |
| SUNTV | 730.6 | 740 |
| SYNGENE | 889.3 | 890 |
| TATACHEM | 1072.35 | 1120 |
| TATACOMM | 1759.65 | 1800 |
| TATACONSUM | 967.55 | 990 |
| TATAMOTORS | 784.85 | 820 |
| TATAPOWER | 414.15 | 435 |
| TATASTEEL | 144.17 | 150 |
| TCS | 4197.4 | 4150 |
| TECHM | 1687 | 1680 |
| TITAN | 3198.45 | 3200 |
| TORNTPHARM | 3151.05 | 3200 |
| TRENT | 6528.55 | 6700 |
| TVSMOTOR | 2440.3 | 2500 |
| UBL | 1882.45 | 1920 |
| ULTRACEMCO | 10892 | 11000 |
| UNITDSPR | 1446.8 | 1460 |
| UPL | 527.75 | 540 |
| VEDL | 444.75 | 460 |
| VOLTAS | 1699.6 | 1720 |
| WIPRO | 570.65 | 560 |
| ZYDUSLIFE | 949.75 | 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.
