MPHASIS
Mphasis Limited
Max pain for MPHASIS
07 Apr 2025 12:52 PM IST
Max Pain for MPHASIS is 2240
Strike 1900 has a total call value of 0 versus a total put value of 24,740,925,000 Combined total value = 24,740,925,000
Strike 1920 has a total call value of 6,600,000 versus a total put value of 22,950,675,000 Combined total value = 22,957,275,000
Strike 1940 has a total call value of 13,200,000 versus a total put value of 21,198,925,000 Combined total value = 21,212,125,000
Strike 1950 has a total call value of 61,875,000 versus a total put value of 20,368,700,000 Combined total value = 20,430,575,000
Strike 1960 has a total call value of 110,550,000 versus a total put value of 19,538,475,000 Combined total value = 19,649,025,000
Strike 1980 has a total call value of 218,350,000 versus a total put value of 17,878,025,000 Combined total value = 18,096,375,000
Strike 2000 has a total call value of 326,150,000 versus a total put value of 16,217,575,000 Combined total value = 16,543,725,000
Strike 2020 has a total call value of 474,650,000 versus a total put value of 14,882,175,000 Combined total value = 15,356,825,000
Strike 2040 has a total call value of 627,000,000 versus a total put value of 13,546,775,000 Combined total value = 14,173,775,000
Strike 2050 has a total call value of 709,775,000 versus a total put value of 12,882,100,000 Combined total value = 13,591,875,000
Strike 2060 has a total call value of 792,550,000 versus a total put value of 12,252,625,000 Combined total value = 13,045,175,000
Strike 2080 has a total call value of 958,100,000 versus a total put value of 10,993,675,000 Combined total value = 11,951,775,000
Strike 2100 has a total call value of 1,188,550,000 versus a total put value of 9,870,575,000 Combined total value = 11,059,125,000
Strike 2120 has a total call value of 1,674,200,000 versus a total put value of 8,979,575,000 Combined total value = 10,653,775,000
Strike 2140 has a total call value of 2,159,850,000 versus a total put value of 8,102,875,000 Combined total value = 10,262,725,000
Strike 2150 has a total call value of 2,402,675,000 versus a total put value of 7,667,825,000 Combined total value = 10,070,500,000
Strike 2160 has a total call value of 2,645,500,000 versus a total put value of 7,247,350,000 Combined total value = 9,892,850,000
Strike 2180 has a total call value of 3,135,550,000 versus a total put value of 6,430,600,000 Combined total value = 9,566,150,000
Strike 2200 has a total call value of 3,629,450,000 versus a total put value of 5,630,900,000 Combined total value = 9,260,350,000
Strike 2220 has a total call value of 4,233,350,000 versus a total put value of 4,960,450,000 Combined total value = 9,193,800,000
Strike 2240 has a total call value of 4,858,150,000 versus a total put value of 4,326,300,000 Combined total value = 9,184,450,000
Strike 2250 has a total call value of 5,193,100,000 versus a total put value of 4,058,175,000 Combined total value = 9,251,275,000
Strike 2260 has a total call value of 5,563,525,000 versus a total put value of 3,806,825,000 Combined total value = 9,370,350,000
Strike 2280 has a total call value of 6,419,325,000 versus a total put value of 3,304,125,000 Combined total value = 9,723,450,000
Strike 2300 has a total call value of 7,325,175,000 versus a total put value of 2,801,425,000 Combined total value = 10,126,600,000
Strike 2320 has a total call value of 8,391,625,000 versus a total put value of 2,401,575,000 Combined total value = 10,793,200,000
Strike 2340 has a total call value of 9,502,075,000 versus a total put value of 2,022,075,000 Combined total value = 11,524,150,000
Strike 2350 has a total call value of 10,071,325,000 versus a total put value of 1,832,325,000 Combined total value = 11,903,650,000
Strike 2360 has a total call value of 10,640,575,000 versus a total put value of 1,648,350,000 Combined total value = 12,288,925,000
Strike 2380 has a total call value of 11,844,525,000 versus a total put value of 1,336,500,000 Combined total value = 13,181,025,000
Strike 2400 has a total call value of 13,071,025,000 versus a total put value of 1,058,750,000 Combined total value = 14,129,775,000
Strike 2420 has a total call value of 14,498,275,000 versus a total put value of 920,700,000 Combined total value = 15,418,975,000
Strike 2440 has a total call value of 15,955,225,000 versus a total put value of 782,650,000 Combined total value = 16,737,875,000
Strike 2450 has a total call value of 16,694,975,000 versus a total put value of 713,625,000 Combined total value = 17,408,600,000
Strike 2460 has a total call value of 17,473,225,000 versus a total put value of 644,600,000 Combined total value = 18,117,825,000
Strike 2480 has a total call value of 19,061,625,000 versus a total put value of 506,550,000 Combined total value = 19,568,175,000
Strike 2500 has a total call value of 20,661,025,000 versus a total put value of 368,500,000 Combined total value = 21,029,525,000
Strike 2520 has a total call value of 22,501,875,000 versus a total put value of 331,650,000 Combined total value = 22,833,525,000
Strike 2540 has a total call value of 24,386,175,000 versus a total put value of 294,800,000 Combined total value = 24,680,975,000
Strike 2550 has a total call value of 25,343,450,000 versus a total put value of 276,375,000 Combined total value = 25,619,825,000
Strike 2560 has a total call value of 26,390,375,000 versus a total put value of 257,950,000 Combined total value = 26,648,325,000
Strike 2580 has a total call value of 28,499,625,000 versus a total put value of 221,100,000 Combined total value = 28,720,725,000
Strike 2600 has a total call value of 30,628,675,000 versus a total put value of 184,250,000 Combined total value = 30,812,925,000
Strike 2620 has a total call value of 33,203,775,000 versus a total put value of 147,400,000 Combined total value = 33,351,175,000
Strike 2640 has a total call value of 35,800,325,000 versus a total put value of 110,550,000 Combined total value = 35,910,875,000
Strike 2650 has a total call value of 37,105,750,000 versus a total put value of 92,125,000 Combined total value = 37,197,875,000
Strike 2660 has a total call value of 38,430,425,000 versus a total put value of 73,700,000 Combined total value = 38,504,125,000
Strike 2680 has a total call value of 41,099,575,000 versus a total put value of 36,850,000 Combined total value = 41,136,425,000
Strike 2700 has a total call value of 43,784,125,000 versus a total put value of 0 Combined total value = 43,784,125,000
Strike 2720 has a total call value of 46,635,325,000 versus a total put value of 0 Combined total value = 46,635,325,000
Strike 2740 has a total call value of 49,498,625,000 versus a total put value of 0 Combined total value = 49,498,625,000
Strike 2750 has a total call value of 50,930,275,000 versus a total put value of 0 Combined total value = 50,930,275,000
Strike 2760 has a total call value of 52,361,925,000 versus a total put value of 0 Combined total value = 52,361,925,000
Strike 2780 has a total call value of 55,225,225,000 versus a total put value of 0 Combined total value = 55,225,225,000
Strike 2800 has a total call value of 58,088,525,000 versus a total put value of 0 Combined total value = 58,088,525,000
Strike 2820 has a total call value of 61,086,025,000 versus a total put value of 0 Combined total value = 61,086,025,000
Strike 2840 has a total call value of 64,083,525,000 versus a total put value of 0 Combined total value = 64,083,525,000
Strike 2850 has a total call value of 65,582,275,000 versus a total put value of 0 Combined total value = 65,582,275,000
Strike 2860 has a total call value of 67,081,025,000 versus a total put value of 0 Combined total value = 67,081,025,000
Strike 2880 has a total call value of 70,078,525,000 versus a total put value of 0 Combined total value = 70,078,525,000
Strike 2900 has a total call value of 73,076,025,000 versus a total put value of 0 Combined total value = 73,076,025,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 354.65 | 385 |
ABB | 4906.45 | 5300 |
ABCAPITAL | 177.75 | 190 |
ABFRL | 241.4 | 260 |
ACC | 1904.3 | 1980 |
ADANIENSOL | 804 | 840 |
ADANIENT | 2179.95 | 2440 |
ADANIGREEN | 866.2 | 940 |
ADANIPORTS | 1094.65 | 1180 |
ALKEM | 4676.1 | 4900 |
AMBUJACEM | 519.5 | 540 |
ANGELONE | 2104.25 | 2200 |
APLAPOLLO | 1421 | 1500 |
APOLLOHOSP | 6656.3 | 6650 |
APOLLOTYRE | 390.6 | 415 |
ASHOKLEY | 194.7 | 207.5 |
ASIANPAINT | 2334.15 | 2340 |
ASTRAL | 1289.05 | 1320 |
ATGL | 563 | 600 |
AUBANK | 542.8 | 550 |
AUROPHARMA | 1090.65 | 1160 |
AXISBANK | 1035.5 | 1070 |
BAJAJ-AUTO | 7230.85 | 7800 |
BAJAJFINSV | 1837.1 | 1920 |
BAJFINANCE | 8395.6 | 8700 |
BALKRISIND | 2263.65 | 2480 |
BANDHANBNK | 143.75 | 150 |
BANKBARODA | 227.54 | 232.5 |
BANKINDIA | 105.13 | 110 |
BEL | 268.05 | 285 |
BERGEPAINT | 506 | 505 |
BHARATFORG | 941 | 1040 |
BHARTIARTL | 1687.8 | 1720 |
BHEL | 203.88 | 215 |
BIOCON | 303 | 335 |
BOSCHLTD | 26454.15 | 27500 |
BPCL | 275.05 | 280 |
BRITANNIA | 4955.3 | 4950 |
BSE | 5104.95 | 5200 |
BSOFT | 338.1 | 380 |
CAMS | 3453.7 | 3700 |
CANBK | 86.55 | 90 |
CDSL | 1127.6 | 1200 |
CESC | 145.92 | 152.5 |
CGPOWER | 534.9 | 600 |
CHAMBLFERT | 602.55 | 610 |
CHOLAFIN | 1370.2 | 1460 |
CIPLA | 1378.95 | 1440 |
COALINDIA | 371.05 | 400 |
COFORGE | 6058.95 | 6900 |
COLPAL | 2381.9 | 2400 |
CONCOR | 647.95 | 700 |
CROMPTON | 324.65 | 340 |
CUMMINSIND | 2677.35 | 3000 |
CYIENT | 1092.25 | 1200 |
DABUR | 446.5 | 470 |
DALBHARAT | 1760.85 | 1800 |
DEEPAKNTR | 1814.5 | 1900 |
DELHIVERY | 262.05 | 260 |
DIVISLAB | 5256.4 | 5600 |
DIXON | 12441.35 | 13500 |
DLF | 607 | 670 |
DMART | 3968 | 4000 |
DRREDDY | 1093.4 | 1130 |
EICHERMOT | 5067.55 | 5300 |
ESCORTS | 3017 | 3200 |
EXIDEIND | 347.5 | 370 |
FEDERALBNK | 189.01 | 195 |
GAIL | 166.09 | 180 |
GLENMARK | 1449.75 | 1500 |
GMRAIRPORT | 81.7 | 80 |
GODREJCP | 1159.05 | 1160 |
GODREJPROP | 1920.05 | 2100 |
GOLDM | 88250 | 88000 |
GRANULES | 431.8 | 490 |
GRASIM | 2473.05 | 2580 |
HAL | 3934.85 | 4200 |
HAVELLS | 1424.5 | 1500 |
HCLTECH | 1341.7 | 1480 |
HDFCAMC | 3690.1 | 3950 |
HDFCBANK | 1745.55 | 1800 |
HDFCLIFE | 655.7 | 680 |
HEROMOTOCO | 3480 | 3700 |
HFCL | 73.31 | 80 |
HINDALCO | 561 | 620 |
HINDCOPPER | 187.02 | 210 |
HINDPETRO | 359.15 | 360 |
HINDUNILVR | 2231.85 | 2260 |
HINDZINC | 398.65 | 430 |
HUDCO | 191.29 | 200 |
ICICIBANK | 1268.65 | 1330 |
ICICIGI | 1726.75 | 1800 |
ICICIPRULI | 536.05 | 560 |
IDEA | 7.24 | 8 |
IDFCFIRSTB | 55.92 | 58 |
IEX | 172 | 177.5 |
IGL | 188.98 | 195 |
IIFL | 321.9 | 325 |
INDHOTEL | 739.4 | 800 |
INDIANB | 530.75 | 550 |
INDIGO | 4898.6 | 5000 |
INDUSINDBK | 664.9 | 700 |
INDUSTOWER | 350.7 | 355 |
INFY | 1373.75 | 1520 |
INOXWIND | 140.38 | 155 |
IOC | 127.58 | 130 |
IRB | 42.83 | 45 |
IRCTC | 689.5 | 720 |
IREDA | 146.77 | 155 |
IRFC | 120.24 | 125 |
ITC | 399.75 | 410 |
JINDALSTEL | 792 | 900 |
JIOFIN | 210.41 | 230 |
JSL | 514.35 | 590 |
JSWENERGY | 478.2 | 520 |
JSWSTEEL | 911.85 | 1000 |
JUBLFOOD | 654.75 | 670 |
KALYANKJIL | 470.7 | 490 |
KEI | 2480.9 | 2700 |
KOTAKBANK | 2012.55 | 2100 |
KPITTECH | 1050.7 | 1180 |
LAURUSLABS | 553.65 | 590 |
LICHSGFIN | 545.3 | 560 |
LICI | 760.6 | 800 |
LODHA | 1122.6 | 1160 |
LT | 3037.15 | 3350 |
LTF | 146.48 | 150 |
LTIM | 3989.25 | 4300 |
LUPIN | 1936.25 | 2000 |
M&M | 2471.45 | 2700 |
M&MFIN | 249 | 270 |
MANAPPURAM | 221.74 | 230 |
MARICO | 660.5 | 650 |
MARUTI | 11223.9 | 11400 |
MAXHEALTH | 1070.15 | 1120 |
MCX | 4880 | 5300 |
MFSL | 1114.45 | 1140 |
MGL | 1275.55 | 1360 |
MOTHERSON | 112.1 | 125 |
MPHASIS | 2080.85 | 2240 |
MRF | 109868.5 | 114000 |
MUTHOOTFIN | 2254.3 | 2300 |
NATIONALUM | 143.07 | 170 |
NAUKRI | 6257.75 | 6700 |
NBCC | 77.81 | 82.5 |
NCC | 193.45 | 210 |
NESTLEIND | 2225.9 | 2240 |
NHPC | 81.51 | 84 |
NMDC | 60.15 | 68 |
NTPC | 344.8 | 355 |
NYKAA | 173.5 | 175 |
OBEROIRLTY | 1480.5 | 1580 |
OFSS | 7150 | 7600 |
OIL | 338.25 | 370 |
ONGC | 216.67 | 235 |
PAGEIND | 40894.2 | 43000 |
PATANJALI | 1760.05 | 1800 |
PAYTM | 771.05 | 800 |
PEL | 930 | 980 |
PERSISTENT | 4446.5 | 4800 |
PETRONET | 274.5 | 290 |
PFC | 387.2 | 420 |
PHOENIXLTD | 1568.9 | 1600 |
PIDILITIND | 2831.6 | 2860 |
PIIND | 3245.55 | 3400 |
PNB | 94.54 | 97 |
PNBHOUSING | 893.95 | 900 |
POLICYBZR | 1417.5 | 1550 |
POLYCAB | 4757.85 | 5000 |
POONAWALLA | 342.6 | 345 |
POWERGRID | 285.45 | 295 |
PRESTIGE | 1059.6 | 1150 |
RAMCOCEM | 918.4 | 920 |
RBLBANK | 167.12 | 172.5 |
RECLTD | 377.3 | 420 |
RELIANCE | 1149.55 | 1250 |
SAIL | 103.9 | 115 |
SBICARD | 803.7 | 850 |
SBILIFE | 1451.15 | 1540 |
SBIN | 738.5 | 780 |
SHREECEM | 29485.5 | 30500 |
SHRIRAMFIN | 599.2 | 640 |
SIEMENS | 2822 | 3000 |
SILVER | 88257 | 95000 |
SJVN | 87.7 | 91 |
SOLARINDS | 10642.2 | 11000 |
SONACOMS | 406.35 | 440 |
SRF | 2690.85 | 2860 |
SUNPHARMA | 1660.9 | 1720 |
SUPREMEIND | 3117.1 | 3350 |
SYNGENE | 700.35 | 720 |
TATACHEM | 789.85 | 860 |
TATACOMM | 1531.75 | 1600 |
TATACONSUM | 1043 | 1050 |
TATAELXSI | 4724.15 | 5000 |
TATAMOTORS | 566.45 | 630 |
TATAPOWER | 350.4 | 380 |
TATASTEEL | 128.12 | 145 |
TATATECH | 603.35 | 650 |
TCS | 3167.2 | 3440 |
TECHM | 1263.05 | 1380 |
TIINDIA | 2580.55 | 2700 |
TITAGARH | 731.75 | 780 |
TITAN | 2991.05 | 3100 |
TORNTPHARM | 3249.65 | 3250 |
TORNTPOWER | 1480 | 1500 |
TRENT | 4656.45 | 5100 |
TVSMOTOR | 2342.85 | 2440 |
ULTRACEMCO | 11080.8 | 11300 |
UNIONBANK | 116.36 | 121 |
UNITDSPR | 1399.85 | 1400 |
UPL | 607.45 | 640 |
VBL | 510.2 | 530 |
VEDL | 370.85 | 420 |
VOLTAS | 1274.25 | 1360 |
WIPRO | 235.95 | 255 |
YESBANK | 16.55 | 17 |
ZOMATO | 204.36 | 210 |
ZYDUSLIFE | 848.95 | 880 |
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.