MPHASIS
Mphasis Limited
Max pain for MPHASIS
11 Jul 2025 04:12 PM IST
Max Pain for MPHASIS is 2803
Strike 2143 has a total call value of 0 versus a total put value of 38,283,272,500 Combined total value = 38,283,272,500
Strike 2150 has a total call value of 0 versus a total put value of 37,797,402,500 Combined total value = 37,797,402,500
Strike 2160 has a total call value of 0 versus a total put value of 37,103,302,500 Combined total value = 37,103,302,500
Strike 2180 has a total call value of 0 versus a total put value of 35,715,102,500 Combined total value = 35,715,102,500
Strike 2183 has a total call value of 0 versus a total put value of 35,506,872,500 Combined total value = 35,506,872,500
Strike 2193 has a total call value of 0 versus a total put value of 34,812,772,500 Combined total value = 34,812,772,500
Strike 2200 has a total call value of 0 versus a total put value of 34,326,902,500 Combined total value = 34,326,902,500
Strike 2220 has a total call value of 0 versus a total put value of 32,938,702,500 Combined total value = 32,938,702,500
Strike 2240 has a total call value of 0 versus a total put value of 31,550,502,500 Combined total value = 31,550,502,500
Strike 2243 has a total call value of 0 versus a total put value of 31,342,272,500 Combined total value = 31,342,272,500
Strike 2250 has a total call value of 0 versus a total put value of 30,856,402,500 Combined total value = 30,856,402,500
Strike 2260 has a total call value of 0 versus a total put value of 30,162,302,500 Combined total value = 30,162,302,500
Strike 2263 has a total call value of 0 versus a total put value of 29,954,072,500 Combined total value = 29,954,072,500
Strike 2280 has a total call value of 0 versus a total put value of 28,774,102,500 Combined total value = 28,774,102,500
Strike 2293 has a total call value of 0 versus a total put value of 27,871,772,500 Combined total value = 27,871,772,500
Strike 2300 has a total call value of 0 versus a total put value of 27,385,902,500 Combined total value = 27,385,902,500
Strike 2303 has a total call value of 0 versus a total put value of 27,177,672,500 Combined total value = 27,177,672,500
Strike 2320 has a total call value of 0 versus a total put value of 25,997,702,500 Combined total value = 25,997,702,500
Strike 2323 has a total call value of 0 versus a total put value of 25,789,472,500 Combined total value = 25,789,472,500
Strike 2340 has a total call value of 0 versus a total put value of 24,609,502,500 Combined total value = 24,609,502,500
Strike 2343 has a total call value of 0 versus a total put value of 24,401,272,500 Combined total value = 24,401,272,500
Strike 2350 has a total call value of 0 versus a total put value of 23,932,920,000 Combined total value = 23,932,920,000
Strike 2360 has a total call value of 0 versus a total put value of 23,263,845,000 Combined total value = 23,263,845,000
Strike 2363 has a total call value of 0 versus a total put value of 23,063,122,500 Combined total value = 23,063,122,500
Strike 2380 has a total call value of 0 versus a total put value of 21,925,695,000 Combined total value = 21,925,695,000
Strike 2383 has a total call value of 0 versus a total put value of 21,724,972,500 Combined total value = 21,724,972,500
Strike 2393 has a total call value of 0 versus a total put value of 21,055,897,500 Combined total value = 21,055,897,500
Strike 2400 has a total call value of 0 versus a total put value of 20,587,545,000 Combined total value = 20,587,545,000
Strike 2403 has a total call value of 0 versus a total put value of 20,386,822,500 Combined total value = 20,386,822,500
Strike 2420 has a total call value of 0 versus a total put value of 19,249,395,000 Combined total value = 19,249,395,000
Strike 2423 has a total call value of 0 versus a total put value of 19,048,672,500 Combined total value = 19,048,672,500
Strike 2440 has a total call value of 0 versus a total put value of 17,911,245,000 Combined total value = 17,911,245,000
Strike 2443 has a total call value of 0 versus a total put value of 17,710,522,500 Combined total value = 17,710,522,500
Strike 2450 has a total call value of 0 versus a total put value of 17,276,820,000 Combined total value = 17,276,820,000
Strike 2460 has a total call value of 0 versus a total put value of 16,657,245,000 Combined total value = 16,657,245,000
Strike 2463 has a total call value of 0 versus a total put value of 16,471,372,500 Combined total value = 16,471,372,500
Strike 2480 has a total call value of 0 versus a total put value of 15,418,095,000 Combined total value = 15,418,095,000
Strike 2483 has a total call value of 0 versus a total put value of 15,232,222,500 Combined total value = 15,232,222,500
Strike 2493 has a total call value of 0 versus a total put value of 14,612,647,500 Combined total value = 14,612,647,500
Strike 2500 has a total call value of 0 versus a total put value of 14,182,987,500 Combined total value = 14,182,987,500
Strike 2503 has a total call value of 0 versus a total put value of 14,000,910,000 Combined total value = 14,000,910,000
Strike 2520 has a total call value of 0 versus a total put value of 12,969,137,500 Combined total value = 12,969,137,500
Strike 2523 has a total call value of 0 versus a total put value of 12,787,060,000 Combined total value = 12,787,060,000
Strike 2540 has a total call value of 0 versus a total put value of 11,755,287,500 Combined total value = 11,755,287,500
Strike 2543 has a total call value of 0 versus a total put value of 11,573,210,000 Combined total value = 11,573,210,000
Strike 2550 has a total call value of 9,625,000 versus a total put value of 11,213,235,000 Combined total value = 11,222,860,000
Strike 2560 has a total call value of 23,375,000 versus a total put value of 10,698,985,000 Combined total value = 10,722,360,000
Strike 2563 has a total call value of 27,500,000 versus a total put value of 10,544,710,000 Combined total value = 10,572,210,000
Strike 2580 has a total call value of 50,875,000 versus a total put value of 9,670,485,000 Combined total value = 9,721,360,000
Strike 2583 has a total call value of 55,000,000 versus a total put value of 9,516,210,000 Combined total value = 9,571,210,000
Strike 2593 has a total call value of 68,750,000 versus a total put value of 9,001,960,000 Combined total value = 9,070,710,000
Strike 2600 has a total call value of 78,375,000 versus a total put value of 8,641,985,000 Combined total value = 8,720,360,000
Strike 2603 has a total call value of 82,500,000 versus a total put value of 8,489,607,500 Combined total value = 8,572,107,500
Strike 2623 has a total call value of 110,000,000 versus a total put value of 7,473,757,500 Combined total value = 7,583,757,500
Strike 2643 has a total call value of 137,500,000 versus a total put value of 6,457,907,500 Combined total value = 6,595,407,500
Strike 2650 has a total call value of 173,305,000 versus a total put value of 6,157,030,000 Combined total value = 6,330,335,000
Strike 2663 has a total call value of 239,800,000 versus a total put value of 5,598,257,500 Combined total value = 5,838,057,500
Strike 2683 has a total call value of 342,100,000 versus a total put value of 4,761,707,500 Combined total value = 5,103,807,500
Strike 2693 has a total call value of 402,050,000 versus a total put value of 4,343,432,500 Combined total value = 4,745,482,500
Strike 2700 has a total call value of 444,015,000 versus a total put value of 4,050,640,000 Combined total value = 4,494,655,000
Strike 2703 has a total call value of 462,000,000 versus a total put value of 3,925,157,500 Combined total value = 4,387,157,500
Strike 2723 has a total call value of 581,900,000 versus a total put value of 3,131,507,500 Combined total value = 3,713,407,500
Strike 2743 has a total call value of 721,050,000 versus a total put value of 2,388,457,500 Combined total value = 3,109,507,500
Strike 2750 has a total call value of 825,770,000 versus a total put value of 2,214,822,500 Combined total value = 3,040,592,500
Strike 2763 has a total call value of 1,020,250,000 versus a total put value of 1,892,357,500 Combined total value = 2,912,607,500
Strike 2783 has a total call value of 1,334,850,000 versus a total put value of 1,432,557,500 Combined total value = 2,767,407,500
Strike 2793 has a total call value of 1,504,525,000 versus a total put value of 1,218,607,500 Combined total value = 2,723,132,500
Strike 2800 has a total call value of 1,623,297,500 versus a total put value of 1,068,842,500 Combined total value = 2,692,140,000
Strike 2803 has a total call value of 1,679,645,000 versus a total put value of 1,011,092,500 Combined total value = 2,690,737,500
Strike 2823 has a total call value of 2,090,495,000 versus a total put value of 646,992,500 Combined total value = 2,737,487,500
Strike 2843 has a total call value of 2,523,345,000 versus a total put value of 332,942,500 Combined total value = 2,856,287,500
Strike 2850 has a total call value of 2,739,907,500 versus a total put value of 275,000,000 Combined total value = 3,014,907,500
Strike 2863 has a total call value of 3,157,825,000 versus a total put value of 190,630,000 Combined total value = 3,348,455,000
Strike 2883 has a total call value of 3,856,875,000 versus a total put value of 88,330,000 Combined total value = 3,945,205,000
Strike 2893 has a total call value of 4,236,650,000 versus a total put value of 51,205,000 Combined total value = 4,287,855,000
Strike 2900 has a total call value of 4,525,015,000 versus a total put value of 41,387,500 Combined total value = 4,566,402,500
Strike 2903 has a total call value of 4,663,532,500 versus a total put value of 38,500,000 Combined total value = 4,702,032,500
Strike 2923 has a total call value of 5,737,682,500 versus a total put value of 19,250,000 Combined total value = 5,756,932,500
Strike 2943 has a total call value of 6,855,282,500 versus a total put value of 0 Combined total value = 6,855,282,500
Strike 2950 has a total call value of 7,328,062,500 versus a total put value of 0 Combined total value = 7,328,062,500
Strike 2983 has a total call value of 9,556,882,500 versus a total put value of 0 Combined total value = 9,556,882,500
Strike 2993 has a total call value of 10,295,257,500 versus a total put value of 0 Combined total value = 10,295,257,500
Strike 3000 has a total call value of 10,822,515,000 versus a total put value of 0 Combined total value = 10,822,515,000
Strike 3020 has a total call value of 12,362,515,000 versus a total put value of 0 Combined total value = 12,362,515,000
Strike 3023 has a total call value of 12,593,515,000 versus a total put value of 0 Combined total value = 12,593,515,000
Strike 3043 has a total call value of 14,153,315,000 versus a total put value of 0 Combined total value = 14,153,315,000
Strike 3050 has a total call value of 14,745,060,000 versus a total put value of 0 Combined total value = 14,745,060,000
Strike 3060 has a total call value of 15,590,410,000 versus a total put value of 0 Combined total value = 15,590,410,000
Strike 3080 has a total call value of 17,281,110,000 versus a total put value of 0 Combined total value = 17,281,110,000
Strike 3093 has a total call value of 18,380,065,000 versus a total put value of 0 Combined total value = 18,380,065,000
Strike 3100 has a total call value of 18,981,435,000 versus a total put value of 0 Combined total value = 18,981,435,000
Strike 3120 has a total call value of 20,699,635,000 versus a total put value of 0 Combined total value = 20,699,635,000
Strike 3140 has a total call value of 22,417,835,000 versus a total put value of 0 Combined total value = 22,417,835,000
Strike 3143 has a total call value of 22,675,565,000 versus a total put value of 0 Combined total value = 22,675,565,000
Strike 3150 has a total call value of 23,321,017,500 versus a total put value of 0 Combined total value = 23,321,017,500
Strike 3160 has a total call value of 24,243,092,500 versus a total put value of 0 Combined total value = 24,243,092,500
Strike 3180 has a total call value of 26,087,242,500 versus a total put value of 0 Combined total value = 26,087,242,500
Strike 3193 has a total call value of 27,285,940,000 versus a total put value of 0 Combined total value = 27,285,940,000
Strike 3200 has a total call value of 27,931,392,500 versus a total put value of 0 Combined total value = 27,931,392,500
Strike 3220 has a total call value of 29,775,542,500 versus a total put value of 0 Combined total value = 29,775,542,500
Strike 3243 has a total call value of 31,896,315,000 versus a total put value of 0 Combined total value = 31,896,315,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1191 | 1200 |
| AARTIIND | 441 | 460 |
| ABB | 5756.5 | 6000 |
| ABCAPITAL | 269 | 270 |
| ABFRL | 76.65 | 75 |
| ACC | 1982.5 | 1940 |
| ADANIENSOL | 870.7 | 880 |
| ADANIENT | 2558.7 | 2620 |
| ADANIGREEN | 994.5 | 1000 |
| ADANIPORTS | 1431.7 | 1420 |
| ALKEM | 4800 | 4850 |
| AMBER | 7466.5 | 7200 |
| AMBUJACEM | 584.15 | 590 |
| ANGELONE | 2678.9 | 2800 |
| APLAPOLLO | 1703 | 1740 |
| APOLLOHOSP | 7200 | 7350 |
| ASHOKLEY | 246.25 | 250 |
| ASIANPAINT | 2439.2 | 2400 |
| ASTRAL | 1475 | 1500 |
| ATGL | 643.75 | 670 |
| AUBANK | 821 | 815 |
| AUROPHARMA | 1125.7 | 1140 |
| AXISBANK | 1173.8 | 1180 |
| BAJAJ-AUTO | 8067 | 8390 |
| BAJAJFINSV | 2012.6 | 2020 |
| BAJFINANCE | 933.5 | 940 |
| BALKRISIND | 2659.6 | 2560 |
| BANDHANBNK | 175.59 | 180 |
| BANKBARODA | 236.95 | 240 |
| BANKINDIA | 114.24 | 115.95 |
| BDL | 1856.6 | 1900 |
| BEL | 409.3 | 415 |
| BHARATFORG | 1214.8 | 1280 |
| BHARTIARTL | 1925.7 | 1960 |
| BHEL | 257.75 | 260 |
| BIOCON | 373.35 | 365 |
| BLUESTARCO | 1800 | 1780 |
| BOSCHLTD | 36500 | 35000 |
| BPCL | 344.85 | 340 |
| BRITANNIA | 5752 | 5800 |
| BSE | 2371.1 | 2600 |
| BSOFT | 417.7 | 430 |
| CAMS | 4069.8 | 4200 |
| CANBK | 111.92 | 113 |
| CDSL | 1688.7 | 1760 |
| CESC | 174.81 | 172.5 |
| CGPOWER | 666.7 | 670 |
| CHAMBLFERT | 534.4 | 560 |
| CHOLAFIN | 1532.5 | 1560 |
| CIPLA | 1486 | 1500 |
| COALINDIA | 380.95 | 395 |
| COFORGE | 1862.3 | 1880 |
| COLPAL | 2376 | 2440 |
| CONCOR | 615.95 | 608 |
| CROMPTON | 335.65 | 350 |
| CUMMINSIND | 3546.4 | 3400 |
| CYIENT | 1271.3 | 1300 |
| DABUR | 535 | 510 |
| DALBHARAT | 2176.4 | 2180 |
| DELHIVERY | 411.25 | 400 |
| DIVISLAB | 6835 | 6800 |
| DIXON | 15786 | 15250 |
| DLF | 815.1 | 840 |
| DMART | 4069 | 4200 |
| DRREDDY | 1254.7 | 1280 |
| EICHERMOT | 5606.5 | 5700 |
| ETERNAL | 263.35 | 260 |
| EXIDEIND | 380.65 | 390 |
| FEDERALBNK | 207.38 | 210 |
| FORTIS | 761.5 | 780 |
| GAIL | 181.89 | 190 |
| GLENMARK | 2181.1 | 2000 |
| GMRAIRPORT | 90.36 | 90 |
| GODREJCP | 1288.2 | 1260 |
| GODREJPROP | 2206.3 | 2300 |
| GRANULES | 469 | 500 |
| GRASIM | 2769.9 | 2800 |
| HAL | 4866.1 | 4950 |
| HAVELLS | 1528 | 1560 |
| HCLTECH | 1638.3 | 1680 |
| HDFCAMC | 5090 | 5100 |
| HDFCBANK | 1983.7 | 2000 |
| HDFCLIFE | 757.75 | 780 |
| HEROMOTOCO | 4203 | 4250 |
| HFCL | 81.1 | 85 |
| HINDALCO | 670.95 | 680 |
| HINDCOPPER | 262.65 | 265 |
| HINDPETRO | 435.9 | 430 |
| HINDUNILVR | 2519.6 | 2440 |
| HINDZINC | 424.9 | 450 |
| HUDCO | 230.71 | 235 |
| ICICIBANK | 1422 | 1440 |
| ICICIGI | 2012.2 | 2000 |
| ICICIPRULI | 660.7 | 660 |
| IDEA | 7.17 | 7 |
| IDFCFIRSTB | 75.23 | 75 |
| IEX | 206.25 | 200 |
| IGL | 219 | 215 |
| IIFL | 519.75 | 490 |
| INDHOTEL | 734.5 | 750 |
| INDIANB | 631 | 630 |
| INDIGO | 5920 | 5800 |
| INDUSINDBK | 858.3 | 850 |
| INDUSTOWER | 404.4 | 405 |
| INFY | 1594.5 | 1600 |
| INOXWIND | 175.69 | 175 |
| IOC | 150.39 | 150 |
| IRB | 47.5 | 49 |
| IRCTC | 773.3 | 780 |
| IREDA | 160 | 165 |
| IRFC | 135.28 | 140 |
| ITC | 416.65 | 420 |
| JINDALSTEL | 938.4 | 950 |
| JIOFIN | 325.8 | 322.5 |
| JSL | 680.75 | 680 |
| JSWENERGY | 523.7 | 510 |
| JSWSTEEL | 1037.2 | 1030 |
| JUBLFOOD | 678.6 | 700 |
| KALYANKJIL | 582.1 | 570 |
| KAYNES | 5986.5 | 6000 |
| KEI | 3612.3 | 3800 |
| KFINTECH | 1273.1 | 1300 |
| KOTAKBANK | 2216 | 2200 |
| KPITTECH | 1266.5 | 1260 |
| LAURUSLABS | 790.2 | 760 |
| LICHSGFIN | 604.65 | 610 |
| LICI | 922.4 | 940 |
| LODHA | 1400.1 | 1400 |
| LT | 3540.6 | 3600 |
| LTF | 204.3 | 202.5 |
| LTIM | 5180 | 5300 |
| LUPIN | 1894.7 | 1920 |
| M&M | 3073.2 | 3150 |
| M&MFIN | 265.9 | 270 |
| MANAPPURAM | 262.9 | 270 |
| MANKIND | 2578.3 | 2500 |
| MARICO | 725.55 | 720 |
| MARUTI | 12574 | 12600 |
| MAXHEALTH | 1219.2 | 1260 |
| MAZDOCK | 3174.5 | 3300 |
| MCX | 8048 | 8500 |
| MFSL | 1567.2 | 1600 |
| MGL | 1486.2 | 1500 |
| MOTHERSON | 150.75 | 155 |
| MPHASIS | 2838.8 | 2803 |
| MUTHOOTFIN | 2640.6 | 2600 |
| NATIONALUM | 189 | 190 |
| NAUKRI | 1375.2 | 1440 |
| NBCC | 112.9 | 120 |
| NCC | 221.81 | 225 |
| NESTLEIND | 2404 | 2420 |
| NHPC | 88.05 | 86 |
| NMDC | 69.05 | 70 |
| NTPC | 342.7 | 340 |
| NYKAA | 217.22 | 210 |
| OBEROIRLTY | 1832.5 | 1900 |
| OFSS | 8636 | 9000 |
| OIL | 432.3 | 450 |
| ONGC | 241.76 | 242.5 |
| PAGEIND | 47795 | 48000 |
| PATANJALI | 1665.2 | 1660 |
| PAYTM | 951.15 | 920 |
| PEL | 1217.5 | 1180 |
| PERSISTENT | 5578.5 | 5800 |
| PETRONET | 299.55 | 305 |
| PFC | 430 | 420 |
| PGEL | 765.2 | 760 |
| PHOENIXLTD | 1488.9 | 1520 |
| PIDILITIND | 2998.2 | 3040 |
| PIIND | 4050.1 | 4100 |
| PNB | 110.21 | 110 |
| PNBHOUSING | 1076.8 | 1100 |
| POLICYBZR | 1784 | 1840 |
| POLYCAB | 6681 | 6600 |
| POONAWALLA | 452.85 | 455 |
| POWERGRID | 298.95 | 300 |
| PPLPHARMA | 200.98 | 200 |
| PRESTIGE | 1695 | 1680 |
| RBLBANK | 263 | 240 |
| RECLTD | 400.4 | 400 |
| RELIANCE | 1495.2 | 1500 |
| RVNL | 380.95 | 390 |
| SAIL | 133.57 | 135 |
| SBICARD | 912.8 | 930 |
| SBILIFE | 1835 | 1840 |
| SBIN | 808.65 | 810 |
| SHREECEM | 31160 | 31000 |
| SHRIRAMFIN | 667 | 680 |
| SIEMENS | 3110 | 3200 |
| SJVN | 97.83 | 99 |
| SOLARINDS | 15401 | 16000 |
| SONACOMS | 447.15 | 460 |
| SRF | 3167.5 | 3200 |
| SUNPHARMA | 1674.3 | 1680 |
| SUPREMEIND | 4114.2 | 4300 |
| SYNGENE | 626.15 | 640 |
| TATACHEM | 910.4 | 940 |
| TATACOMM | 1711.8 | 1740 |
| TATACONSUM | 1076.8 | 1100 |
| TATAELXSI | 6040 | 6000 |
| TATAMOTORS | 681.8 | 700 |
| TATAPOWER | 396.85 | 405 |
| TATASTEEL | 159.99 | 160 |
| TATATECH | 707.4 | 720 |
| TCS | 3266 | 3360 |
| TECHM | 1598.3 | 1610 |
| TIINDIA | 2869.8 | 2950 |
| TITAGARH | 930.65 | 940 |
| TITAN | 3361 | 3480 |
| TORNTPHARM | 3314.2 | 3350 |
| TORNTPOWER | 1408.1 | 1460 |
| TRENT | 5364 | 5600 |
| TVSMOTOR | 2752 | 2850 |
| ULTRACEMCO | 12495 | 12300 |
| UNIONBANK | 143.74 | 145 |
| UNITDSPR | 1357.6 | 1400 |
| UNOMINDA | 1068 | 1100 |
| UPL | 652.8 | 650 |
| VBL | 452.25 | 460 |
| VEDL | 441.6 | 450 |
| VOLTAS | 1369.5 | 1340 |
| WIPRO | 258.3 | 262.5 |
| YESBANK | 19.66 | 20 |
| ZYDUSLIFE | 979.6 | 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.
