MRF
Mrf Ltd
Max pain for MRF
19 Feb 2025 04:11 PM IST
Max Pain for MRF is 110000
Strike 98000 has a total call value of 0 versus a total put value of 9,864,750,000 Combined total value = 9,864,750,000
Strike 98500 has a total call value of 0 versus a total put value of 9,360,500,000 Combined total value = 9,360,500,000
Strike 99000 has a total call value of 0 versus a total put value of 8,856,250,000 Combined total value = 8,856,250,000
Strike 99500 has a total call value of 0 versus a total put value of 8,352,000,000 Combined total value = 8,352,000,000
Strike 100000 has a total call value of 0 versus a total put value of 7,847,750,000 Combined total value = 7,847,750,000
Strike 100500 has a total call value of 0 versus a total put value of 7,343,500,000 Combined total value = 7,343,500,000
Strike 101000 has a total call value of 0 versus a total put value of 6,839,250,000 Combined total value = 6,839,250,000
Strike 101500 has a total call value of 0 versus a total put value of 6,335,000,000 Combined total value = 6,335,000,000
Strike 102000 has a total call value of 0 versus a total put value of 5,830,750,000 Combined total value = 5,830,750,000
Strike 102500 has a total call value of 0 versus a total put value of 5,345,750,000 Combined total value = 5,345,750,000
Strike 103000 has a total call value of 0 versus a total put value of 4,860,750,000 Combined total value = 4,860,750,000
Strike 103500 has a total call value of 0 versus a total put value of 4,375,750,000 Combined total value = 4,375,750,000
Strike 104000 has a total call value of 0 versus a total put value of 3,890,750,000 Combined total value = 3,890,750,000
Strike 104500 has a total call value of 0 versus a total put value of 3,517,000,000 Combined total value = 3,517,000,000
Strike 105000 has a total call value of 0 versus a total put value of 3,143,750,000 Combined total value = 3,143,750,000
Strike 105500 has a total call value of 0 versus a total put value of 2,853,500,000 Combined total value = 2,853,500,000
Strike 106000 has a total call value of 0 versus a total put value of 2,563,250,000 Combined total value = 2,563,250,000
Strike 106500 has a total call value of 0 versus a total put value of 2,279,000,000 Combined total value = 2,279,000,000
Strike 107000 has a total call value of 0 versus a total put value of 1,995,000,000 Combined total value = 1,995,000,000
Strike 107500 has a total call value of 7,750,000 versus a total put value of 1,739,750,000 Combined total value = 1,747,500,000
Strike 108000 has a total call value of 15,500,000 versus a total put value of 1,484,500,000 Combined total value = 1,500,000,000
Strike 108500 has a total call value of 44,500,000 versus a total put value of 1,262,500,000 Combined total value = 1,307,000,000
Strike 109000 has a total call value of 77,250,000 versus a total put value of 1,040,500,000 Combined total value = 1,117,750,000
Strike 109500 has a total call value of 118,500,000 versus a total put value of 835,750,000 Combined total value = 954,250,000
Strike 110000 has a total call value of 185,750,000 versus a total put value of 643,250,000 Combined total value = 829,000,000
Strike 110500 has a total call value of 386,000,000 versus a total put value of 547,500,000 Combined total value = 933,500,000
Strike 111000 has a total call value of 602,500,000 versus a total put value of 451,750,000 Combined total value = 1,054,250,000
Strike 111500 has a total call value of 864,500,000 versus a total put value of 368,000,000 Combined total value = 1,232,500,000
Strike 112000 has a total call value of 1,132,500,000 versus a total put value of 284,250,000 Combined total value = 1,416,750,000
Strike 112500 has a total call value of 1,461,500,000 versus a total put value of 220,000,000 Combined total value = 1,681,500,000
Strike 113000 has a total call value of 1,790,500,000 versus a total put value of 156,500,000 Combined total value = 1,947,000,000
Strike 113500 has a total call value of 2,191,000,000 versus a total put value of 119,750,000 Combined total value = 2,310,750,000
Strike 114000 has a total call value of 2,614,750,000 versus a total put value of 83,000,000 Combined total value = 2,697,750,000
Strike 114500 has a total call value of 3,102,000,000 versus a total put value of 46,250,000 Combined total value = 3,148,250,000
Strike 115000 has a total call value of 3,606,250,000 versus a total put value of 9,500,000 Combined total value = 3,615,750,000
Strike 115500 has a total call value of 4,385,250,000 versus a total put value of 9,000,000 Combined total value = 4,394,250,000
Strike 116000 has a total call value of 5,166,500,000 versus a total put value of 8,500,000 Combined total value = 5,175,000,000
Strike 116500 has a total call value of 5,976,500,000 versus a total put value of 8,000,000 Combined total value = 5,984,500,000
Strike 117000 has a total call value of 6,786,500,000 versus a total put value of 7,500,000 Combined total value = 6,794,000,000
Strike 117500 has a total call value of 7,608,250,000 versus a total put value of 7,000,000 Combined total value = 7,615,250,000
Strike 118000 has a total call value of 8,430,000,000 versus a total put value of 6,500,000 Combined total value = 8,436,500,000
Strike 118500 has a total call value of 9,251,750,000 versus a total put value of 6,000,000 Combined total value = 9,257,750,000
Strike 119000 has a total call value of 10,073,500,000 versus a total put value of 5,500,000 Combined total value = 10,079,000,000
Strike 119500 has a total call value of 10,895,250,000 versus a total put value of 5,000,000 Combined total value = 10,900,250,000
Strike 120000 has a total call value of 11,717,000,000 versus a total put value of 4,500,000 Combined total value = 11,721,500,000
Strike 120500 has a total call value of 12,888,750,000 versus a total put value of 4,000,000 Combined total value = 12,892,750,000
Strike 121000 has a total call value of 14,060,500,000 versus a total put value of 3,500,000 Combined total value = 14,064,000,000
Strike 121500 has a total call value of 15,232,250,000 versus a total put value of 3,000,000 Combined total value = 15,235,250,000
Strike 122000 has a total call value of 16,404,000,000 versus a total put value of 2,500,000 Combined total value = 16,406,500,000
Strike 122500 has a total call value of 17,631,000,000 versus a total put value of 2,000,000 Combined total value = 17,633,000,000
Strike 123000 has a total call value of 18,858,000,000 versus a total put value of 1,500,000 Combined total value = 18,859,500,000
Strike 123500 has a total call value of 20,085,000,000 versus a total put value of 1,000,000 Combined total value = 20,086,000,000
Strike 124000 has a total call value of 21,312,000,000 versus a total put value of 500,000 Combined total value = 21,312,500,000
Strike 124500 has a total call value of 22,539,000,000 versus a total put value of 0 Combined total value = 22,539,000,000
Strike 125000 has a total call value of 23,766,000,000 versus a total put value of 0 Combined total value = 23,766,000,000
Strike 125500 has a total call value of 25,292,500,000 versus a total put value of 0 Combined total value = 25,292,500,000
Strike 126000 has a total call value of 26,819,000,000 versus a total put value of 0 Combined total value = 26,819,000,000
Strike 126500 has a total call value of 28,345,500,000 versus a total put value of 0 Combined total value = 28,345,500,000
Strike 127000 has a total call value of 29,872,000,000 versus a total put value of 0 Combined total value = 29,872,000,000
Strike 127500 has a total call value of 31,398,500,000 versus a total put value of 0 Combined total value = 31,398,500,000
Strike 128000 has a total call value of 32,925,000,000 versus a total put value of 0 Combined total value = 32,925,000,000
Strike 128500 has a total call value of 34,451,500,000 versus a total put value of 0 Combined total value = 34,451,500,000
Strike 129000 has a total call value of 35,978,000,000 versus a total put value of 0 Combined total value = 35,978,000,000
Strike 129500 has a total call value of 37,504,500,000 versus a total put value of 0 Combined total value = 37,504,500,000
Strike 130000 has a total call value of 39,031,000,000 versus a total put value of 0 Combined total value = 39,031,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 416.65 | 435 |
ABB | 5123.85 | 5200 |
ABBOTINDIA | 29721.15 | 28500 |
ABCAPITAL | 155.51 | 170 |
ABFRL | 251.55 | 260 |
ACC | 1867.1 | 2000 |
ADANIENSOL | 670.65 | 700 |
ADANIENT | 2180.8 | 2320 |
ADANIGREEN | 864.7 | 900 |
ADANIPORTS | 1082.85 | 1100 |
ALKEM | 4741.7 | 4800 |
AMBUJACEM | 479.9 | 510 |
ANGELONE | 2321.25 | 2300 |
APLAPOLLO | 1380.65 | 1420 |
APOLLOHOSP | 6422.65 | 6400 |
APOLLOTYRE | 413.4 | 420 |
ASHOKLEY | 225.41 | 217.5 |
ASIANPAINT | 2239.1 | 2280 |
ASTRAL | 1371.7 | 1400 |
ATGL | 582.65 | 600 |
ATUL | 5564.3 | 5500 |
AUBANK | 525.65 | 535 |
AUROPHARMA | 1135.2 | 1160 |
AXISBANK | 1011.35 | 1000 |
BAJAJ-AUTO | 8479.5 | 8700 |
BAJAJFINSV | 1875.35 | 1820 |
BAJFINANCE | 8439.45 | 8200 |
BALKRISIND | 2675.55 | 2700 |
BANDHANBNK | 133.48 | 145 |
BANKBARODA | 208.89 | 220 |
BANKINDIA | 99.37 | 100 |
BATAINDIA | 1256.35 | 1300 |
BEL | 253.4 | 265 |
BERGEPAINT | 489 | 485 |
BHARATFORG | 1076.05 | 1100 |
BHARTIARTL | 1645.2 | 1660 |
BHEL | 195.09 | 200 |
BIOCON | 336.8 | 350 |
BOSCHLTD | 27295.4 | 30000 |
BPCL | 255.6 | 260 |
BRITANNIA | 4837.5 | 4950 |
BSE | 5631 | 5400 |
BSOFT | 470.95 | 500 |
CAMS | 3371.05 | 3500 |
CANBK | 85.56 | 90 |
CANFINHOME | 600.8 | 640 |
CDSL | 1208.25 | 1220 |
CESC | 131.54 | 130 |
CGPOWER | 584.2 | 580 |
CHAMBLFERT | 536.8 | 530 |
CHOLAFIN | 1375.4 | 1340 |
CIPLA | 1464.15 | 1460 |
COALINDIA | 362.3 | 370 |
COFORGE | 7774.65 | 8000 |
COLPAL | 2460.45 | 2520 |
CONCOR | 696.25 | 730 |
COROMANDEL | 1714.6 | 1760 |
CROMPTON | 329.9 | 345 |
CUB | 157.92 | 165 |
CUMMINSIND | 2690.3 | 2800 |
CYIENT | 1476.5 | 1420 |
DABUR | 504.45 | 520 |
DALBHARAT | 1770.75 | 1800 |
DEEPAKNTR | 1912.85 | 2000 |
DELHIVERY | 276 | 285 |
DIVISLAB | 5934.9 | 5950 |
DIXON | 14088.3 | 14500 |
DLF | 690.15 | 700 |
DMART | 3685 | 3700 |
DRREDDY | 1165.85 | 1190 |
EICHERMOT | 4810.6 | 4900 |
ESCORTS | 3020.1 | 3150 |
EXIDEIND | 364.05 | 370 |
FEDERALBNK | 181.18 | 185 |
GAIL | 163.53 | 165 |
GLENMARK | 1369.45 | 1380 |
GMRAIRPORT | 70.27 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 545.25 | 550 |
GODREJCP | 1024.5 | 1050 |
GODREJPROP | 2047.5 | 2100 |
GRANULES | 531.45 | 540 |
GRASIM | 2463.2 | 2500 |
GUJGASLTD | 395.15 | 400 |
HAL | 3363.75 | 3550 |
HAVELLS | 1515.65 | 1540 |
HCLTECH | 1712.3 | 1720 |
HDFCAMC | 3791.75 | 3850 |
HDFCBANK | 1727.2 | 1720 |
HDFCLIFE | 622.85 | 630 |
HEROMOTOCO | 3879.15 | 4050 |
HFCL | 88.8 | 95 |
HINDALCO | 626.3 | 610 |
HINDCOPPER | 218.11 | 225 |
HINDPETRO | 324.6 | 330 |
HINDUNILVR | 2250.4 | 2320 |
HUDCO | 183.68 | 190 |
ICICIBANK | 1261.65 | 1250 |
ICICIGI | 1728.95 | 1780 |
ICICIPRULI | 576 | 590 |
IDEA | 8.3 | 9 |
IDFCFIRSTB | 59.99 | 61 |
IEX | 169.45 | 170 |
IGL | 193.9 | 195 |
INDHOTEL | 746.7 | 750 |
INDIAMART | 2064.15 | 2100 |
INDIANB | 525.95 | 520 |
INDIGO | 4399.9 | 4350 |
INDUSINDBK | 1035.8 | 1040 |
INDUSTOWER | 341.4 | 355 |
INFY | 1810.8 | 1860 |
IOC | 119.87 | 125 |
IPCALAB | 1467.85 | 1480 |
IRB | 47.08 | 48 |
IRCTC | 728.3 | 760 |
IRFC | 124.27 | 127.5 |
ITC | 406.4 | 420 |
JINDALSTEL | 860.1 | 840 |
JIOFIN | 228.92 | 235 |
JKCEMENT | 4621.85 | 4650 |
JSL | 602.55 | 610 |
JSWENERGY | 454.85 | 450 |
JSWSTEEL | 977.35 | 960 |
JUBLFOOD | 709.45 | 700 |
KALYANKJIL | 483.15 | 500 |
KEI | 3568.6 | 3500 |
KOTAKBANK | 1985 | 1940 |
KPITTECH | 1336.25 | 1400 |
LALPATHLAB | 2612.85 | 2700 |
LAURUSLABS | 546.75 | 570 |
LICHSGFIN | 541 | 560 |
LICI | 764 | 800 |
LODHA | 1181.75 | 1200 |
LT | 3275.9 | 3350 |
LTF | 135.25 | 142.5 |
LTIM | 5470.1 | 5600 |
LTTS | 4872.05 | 5050 |
LUPIN | 1978.25 | 2020 |
M&M | 2757.4 | 2900 |
M&MFIN | 278.4 | 280 |
MANAPPURAM | 202.76 | 195 |
MARICO | 634.95 | 640 |
MARUTI | 12686.15 | 12700 |
MAXHEALTH | 1019.5 | 1020 |
MCX | 5636.5 | 5700 |
METROPOLIS | 1648.4 | 1700 |
MFSL | 1047.15 | 1100 |
MGL | 1293.65 | 1300 |
MOTHERSON | 128.46 | 130 |
MPHASIS | 2611.25 | 2700 |
MRF | 109570.7 | 110000 |
MUTHOOTFIN | 2264.2 | 2240 |
NATIONALUM | 187.08 | 186 |
NAUKRI | 7595.05 | 7700 |
NAVINFLUOR | 4044.05 | 4100 |
NBCC | 80.71 | 82.5 |
NCC | 188.95 | 200 |
NESTLEIND | 2204.95 | 2220 |
NHPC | 74.62 | 74 |
NMDC | 64.95 | 65 |
NTPC | 314.8 | 315 |
NYKAA | 170.77 | 170 |
OBEROIRLTY | 1602.15 | 1660 |
OFSS | 8793.4 | 9000 |
OIL | 396.35 | 410 |
ONGC | 238.3 | 240 |
PAGEIND | 41530.45 | 42000 |
PAYTM | 744.7 | 760 |
PEL | 931.75 | 960 |
PERSISTENT | 5899.8 | 5800 |
PETRONET | 298.35 | 295 |
PFC | 384.45 | 390 |
PHOENIXLTD | 1554.3 | 1600 |
PIDILITIND | 2768.7 | 2840 |
PIIND | 3203.5 | 3350 |
PNB | 92.86 | 97 |
POLICYBZR | 1511.8 | 1600 |
POLYCAB | 5600.1 | 5700 |
POONAWALLA | 285.6 | 300 |
POWERGRID | 263.05 | 270 |
PRESTIGE | 1230.05 | 1300 |
PVRINOX | 990.4 | 1040 |
RAMCOCEM | 862.05 | 870 |
RBLBANK | 161.08 | 162.5 |
RECLTD | 395.65 | 410 |
RELIANCE | 1227.45 | 1250 |
SAIL | 106.53 | 107.5 |
SBICARD | 857.9 | 840 |
SBILIFE | 1475.6 | 1460 |
SBIN | 727.3 | 750 |
SHREECEM | 28655.15 | 28000 |
SHRIRAMFIN | 557.8 | 550 |
SIEMENS | 4954.9 | 5100 |
SJVN | 89.98 | 90 |
SOLARINDS | 8783.7 | 8900 |
SONACOMS | 509.35 | 510 |
SRF | 2728 | 2800 |
SUNPHARMA | 1676.6 | 1700 |
SUNTV | 576.1 | 600 |
SUPREMEIND | 3713.6 | 3700 |
SYNGENE | 704.35 | 720 |
TATACHEM | 853.85 | 900 |
TATACOMM | 1501.8 | 1580 |
TATACONSUM | 1025.3 | 1020 |
TATAELXSI | 6017.6 | 6200 |
TATAMOTORS | 681 | 700 |
TATAPOWER | 347.65 | 360 |
TATASTEEL | 135.76 | 136 |
TCS | 3784.1 | 3900 |
TECHM | 1685.8 | 1680 |
TIINDIA | 2678 | 2800 |
TITAN | 3210.3 | 3300 |
TORNTPHARM | 3120.55 | 3100 |
TORNTPOWER | 1258.7 | 1300 |
TRENT | 4991.45 | 5300 |
TVSMOTOR | 2381.9 | 2460 |
UBL | 2027.2 | 2040 |
ULTRACEMCO | 11291.55 | 11400 |
UNIONBANK | 114.92 | 115 |
UNITDSPR | 1328.85 | 1400 |
UPL | 650.05 | 620 |
VBL | 475.9 | 500 |
VEDL | 423.5 | 430 |
VOLTAS | 1284.1 | 1300 |
WIPRO | 314.1 | 310 |
YESBANK | 18 | 19 |
ZOMATO | 234.1 | 225 |
ZYDUSLIFE | 891.45 | 930 |
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.