MRF
Mrf Ltd
Max pain for MRF
24 Jan 2025 04:11 PM IST
Max Pain for MRF is 115000
Strike 107000 has a total call value of 0 versus a total put value of 12,544,250,000 Combined total value = 12,544,250,000
Strike 107500 has a total call value of 0 versus a total put value of 11,923,500,000 Combined total value = 11,923,500,000
Strike 108000 has a total call value of 0 versus a total put value of 11,302,750,000 Combined total value = 11,302,750,000
Strike 108500 has a total call value of 0 versus a total put value of 10,714,750,000 Combined total value = 10,714,750,000
Strike 109000 has a total call value of 0 versus a total put value of 10,126,750,000 Combined total value = 10,126,750,000
Strike 109500 has a total call value of 0 versus a total put value of 9,565,750,000 Combined total value = 9,565,750,000
Strike 110000 has a total call value of 0 versus a total put value of 9,004,750,000 Combined total value = 9,004,750,000
Strike 110500 has a total call value of 7,750,000 versus a total put value of 8,518,000,000 Combined total value = 8,525,750,000
Strike 111000 has a total call value of 15,500,000 versus a total put value of 8,031,250,000 Combined total value = 8,046,750,000
Strike 111500 has a total call value of 37,000,000 versus a total put value of 7,572,000,000 Combined total value = 7,609,000,000
Strike 112000 has a total call value of 58,500,000 versus a total put value of 7,112,750,000 Combined total value = 7,171,250,000
Strike 112500 has a total call value of 152,000,000 versus a total put value of 6,665,000,000 Combined total value = 6,817,000,000
Strike 113000 has a total call value of 245,500,000 versus a total put value of 6,217,250,000 Combined total value = 6,462,750,000
Strike 113500 has a total call value of 415,000,000 versus a total put value of 5,824,750,000 Combined total value = 6,239,750,000
Strike 114000 has a total call value of 611,750,000 versus a total put value of 5,433,000,000 Combined total value = 6,044,750,000
Strike 114500 has a total call value of 877,500,000 versus a total put value of 5,063,250,000 Combined total value = 5,940,750,000
Strike 115000 has a total call value of 1,182,250,000 versus a total put value of 4,693,500,000 Combined total value = 5,875,750,000
Strike 115500 has a total call value of 1,674,250,000 versus a total put value of 4,393,000,000 Combined total value = 6,067,250,000
Strike 116000 has a total call value of 2,176,500,000 versus a total put value of 4,092,500,000 Combined total value = 6,269,000,000
Strike 116500 has a total call value of 2,695,000,000 versus a total put value of 3,792,000,000 Combined total value = 6,487,000,000
Strike 117000 has a total call value of 3,220,250,000 versus a total put value of 3,491,500,000 Combined total value = 6,711,750,000
Strike 117500 has a total call value of 3,807,250,000 versus a total put value of 3,211,750,000 Combined total value = 7,019,000,000
Strike 118000 has a total call value of 4,407,750,000 versus a total put value of 2,932,000,000 Combined total value = 7,339,750,000
Strike 118500 has a total call value of 5,068,250,000 versus a total put value of 2,675,500,000 Combined total value = 7,743,750,000
Strike 119000 has a total call value of 5,728,750,000 versus a total put value of 2,419,000,000 Combined total value = 8,147,750,000
Strike 119500 has a total call value of 6,428,750,000 versus a total put value of 2,162,500,000 Combined total value = 8,591,250,000
Strike 120000 has a total call value of 7,135,250,000 versus a total put value of 1,906,000,000 Combined total value = 9,041,250,000
Strike 120500 has a total call value of 8,111,500,000 versus a total put value of 1,763,500,000 Combined total value = 9,875,000,000
Strike 121000 has a total call value of 9,087,750,000 versus a total put value of 1,621,000,000 Combined total value = 10,708,750,000
Strike 121500 has a total call value of 10,118,750,000 versus a total put value of 1,478,500,000 Combined total value = 11,597,250,000
Strike 122000 has a total call value of 11,149,750,000 versus a total put value of 1,336,000,000 Combined total value = 12,485,750,000
Strike 122500 has a total call value of 12,246,250,000 versus a total put value of 1,193,500,000 Combined total value = 13,439,750,000
Strike 123000 has a total call value of 13,342,750,000 versus a total put value of 1,051,000,000 Combined total value = 14,393,750,000
Strike 123500 has a total call value of 14,497,000,000 versus a total put value of 932,000,000 Combined total value = 15,429,000,000
Strike 124000 has a total call value of 15,651,250,000 versus a total put value of 813,000,000 Combined total value = 16,464,250,000
Strike 124500 has a total call value of 16,820,250,000 versus a total put value of 699,000,000 Combined total value = 17,519,250,000
Strike 125000 has a total call value of 18,000,250,000 versus a total put value of 585,000,000 Combined total value = 18,585,250,000
Strike 125500 has a total call value of 19,407,500,000 versus a total put value of 530,500,000 Combined total value = 19,938,000,000
Strike 126000 has a total call value of 20,814,750,000 versus a total put value of 476,000,000 Combined total value = 21,290,750,000
Strike 126500 has a total call value of 22,222,000,000 versus a total put value of 421,500,000 Combined total value = 22,643,500,000
Strike 127000 has a total call value of 23,641,000,000 versus a total put value of 367,000,000 Combined total value = 24,008,000,000
Strike 127500 has a total call value of 25,118,500,000 versus a total put value of 312,500,000 Combined total value = 25,431,000,000
Strike 128000 has a total call value of 26,604,000,000 versus a total put value of 258,000,000 Combined total value = 26,862,000,000
Strike 128500 has a total call value of 28,149,500,000 versus a total put value of 203,500,000 Combined total value = 28,353,000,000
Strike 129000 has a total call value of 29,695,000,000 versus a total put value of 149,000,000 Combined total value = 29,844,000,000
Strike 129500 has a total call value of 31,304,750,000 versus a total put value of 94,500,000 Combined total value = 31,399,250,000
Strike 130000 has a total call value of 32,914,500,000 versus a total put value of 40,000,000 Combined total value = 32,954,500,000
Strike 130500 has a total call value of 34,994,000,000 versus a total put value of 36,000,000 Combined total value = 35,030,000,000
Strike 131000 has a total call value of 37,102,500,000 versus a total put value of 32,000,000 Combined total value = 37,134,500,000
Strike 131500 has a total call value of 39,249,750,000 versus a total put value of 28,000,000 Combined total value = 39,277,750,000
Strike 132000 has a total call value of 41,397,000,000 versus a total put value of 24,000,000 Combined total value = 41,421,000,000
Strike 132500 has a total call value of 43,582,750,000 versus a total put value of 20,000,000 Combined total value = 43,602,750,000
Strike 133000 has a total call value of 45,768,500,000 versus a total put value of 16,000,000 Combined total value = 45,784,500,000
Strike 133500 has a total call value of 48,009,750,000 versus a total put value of 12,000,000 Combined total value = 48,021,750,000
Strike 134000 has a total call value of 50,251,000,000 versus a total put value of 8,000,000 Combined total value = 50,259,000,000
Strike 134500 has a total call value of 52,494,000,000 versus a total put value of 4,000,000 Combined total value = 52,498,000,000
Strike 135000 has a total call value of 54,737,000,000 versus a total put value of 0 Combined total value = 54,737,000,000
Strike 135500 has a total call value of 57,149,250,000 versus a total put value of 0 Combined total value = 57,149,250,000
Strike 136000 has a total call value of 59,561,500,000 versus a total put value of 0 Combined total value = 59,561,500,000
Strike 136500 has a total call value of 61,973,750,000 versus a total put value of 0 Combined total value = 61,973,750,000
Strike 137000 has a total call value of 64,386,000,000 versus a total put value of 0 Combined total value = 64,386,000,000
Strike 137500 has a total call value of 66,832,250,000 versus a total put value of 0 Combined total value = 66,832,250,000
Strike 138000 has a total call value of 69,278,500,000 versus a total put value of 0 Combined total value = 69,278,500,000
Strike 138500 has a total call value of 71,728,000,000 versus a total put value of 0 Combined total value = 71,728,000,000
Strike 139000 has a total call value of 74,177,500,000 versus a total put value of 0 Combined total value = 74,177,500,000
Strike 139500 has a total call value of 76,627,000,000 versus a total put value of 0 Combined total value = 76,627,000,000
Strike 140000 has a total call value of 79,076,500,000 versus a total put value of 0 Combined total value = 79,076,500,000
Strike 140500 has a total call value of 81,580,000,000 versus a total put value of 0 Combined total value = 81,580,000,000
Strike 141000 has a total call value of 84,083,500,000 versus a total put value of 0 Combined total value = 84,083,500,000
Strike 141500 has a total call value of 86,587,000,000 versus a total put value of 0 Combined total value = 86,587,000,000
Strike 142000 has a total call value of 89,090,500,000 versus a total put value of 0 Combined total value = 89,090,500,000
Strike 142500 has a total call value of 91,594,000,000 versus a total put value of 0 Combined total value = 91,594,000,000
Strike 143000 has a total call value of 94,097,500,000 versus a total put value of 0 Combined total value = 94,097,500,000
Strike 143500 has a total call value of 96,601,000,000 versus a total put value of 0 Combined total value = 96,601,000,000
Strike 144000 has a total call value of 99,104,500,000 versus a total put value of 0 Combined total value = 99,104,500,000
Strike 144500 has a total call value of 101,608,000,000 versus a total put value of 0 Combined total value = 101,608,000,000
Strike 145000 has a total call value of 104,111,500,000 versus a total put value of 0 Combined total value = 104,111,500,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.05 | 435 |
ABB | 6178.9 | 6400 |
ABBOTINDIA | 27282.35 | 28000 |
ABCAPITAL | 170.43 | 180 |
ABFRL | 271.9 | 275 |
ACC | 2058.95 | 2080 |
ADANIENSOL | 790.45 | 800 |
ADANIENT | 2315.1 | 2400 |
ADANIGREEN | 1012.1 | 1020 |
ADANIPORTS | 1094.15 | 1160 |
ALKEM | 5022.7 | 5300 |
AMBUJACEM | 551.8 | 550 |
ANGELONE | 2334.35 | 2500 |
APLAPOLLO | 1561.4 | 1560 |
APOLLOHOSP | 6745.05 | 6900 |
APOLLOTYRE | 423.4 | 450 |
ASHOKLEY | 204.3 | 210 |
ASIANPAINT | 2262.4 | 2300 |
ASTRAL | 1468.35 | 1560 |
ATGL | 641.5 | 660 |
ATUL | 6547.1 | 6700 |
AUBANK | 594.65 | 585 |
AUROPHARMA | 1212.2 | 1220 |
AXISBANK | 948.5 | 990 |
BAJAJ-AUTO | 8401.5 | 8700 |
BAJAJFINSV | 1728.7 | 1680 |
BAJFINANCE | 7438.6 | 7300 |
BALKRISIND | 2652.2 | 2740 |
BANDHANBNK | 148.83 | 157.5 |
BANKBARODA | 225.21 | 235 |
BANKINDIA | 98.37 | 100 |
BATAINDIA | 1281.35 | 1320 |
BEL | 270.15 | 280 |
BERGEPAINT | 480.1 | 465 |
BHARATFORG | 1216.55 | 1240 |
BHARTIARTL | 1644.8 | 1640 |
BHEL | 200.19 | 215 |
BIOCON | 388.25 | 380 |
BOSCHLTD | 30356.5 | 32500 |
BPCL | 263.8 | 270 |
BRITANNIA | 5101.55 | 4850 |
BSE | 5835.6 | 5700 |
BSOFT | 545.7 | 550 |
CAMS | 4101.1 | 4300 |
CANBK | 96.75 | 100 |
CANFINHOME | 682.7 | 700 |
CDSL | 1500.25 | 1580 |
CESC | 139 | 145.5 |
CGPOWER | 620.55 | 650 |
CHAMBLFERT | 496.05 | 500 |
CHOLAFIN | 1223.05 | 1260 |
CIPLA | 1411.4 | 1460 |
COALINDIA | 383.05 | 390 |
COFORGE | 9234.6 | 9000 |
COLPAL | 2751.9 | 2750 |
CONCOR | 754.35 | 780 |
COROMANDEL | 1815.05 | 1860 |
CROMPTON | 339.7 | 355 |
CUB | 167.66 | 170 |
CUMMINSIND | 2804.05 | 3000 |
CYIENT | 1344.9 | 1460 |
DABUR | 521.65 | 520 |
DALBHARAT | 1802.95 | 1780 |
DEEPAKNTR | 2292.55 | 2400 |
DELHIVERY | 321.75 | 330 |
DIVISLAB | 5762.6 | 5850 |
DIXON | 15584.9 | 16000 |
DLF | 695.25 | 730 |
DMART | 3579.95 | 3700 |
DRREDDY | 1224.4 | 1250 |
EICHERMOT | 5206.3 | 5100 |
ESCORTS | 3466.3 | 3400 |
EXIDEIND | 369.05 | 400 |
FEDERALBNK | 188.11 | 195 |
GAIL | 175.84 | 185 |
GLENMARK | 1450.1 | 1500 |
GMRAIRPORT | 71.49 | 77 |
GMRINFRA | 0 | 32 |
GNFC | 556.45 | 560 |
GODREJCP | 1130.35 | 1130 |
GODREJPROP | 2155 | 2300 |
GRANULES | 582 | 590 |
GRASIM | 2490.75 | 2480 |
GUJGASLTD | 494.75 | 500 |
HAL | 3849.8 | 4050 |
HAVELLS | 1523.2 | 1560 |
HCLTECH | 1792.85 | 1820 |
HDFCAMC | 3877.8 | 4000 |
HDFCBANK | 1649.8 | 1680 |
HDFCLIFE | 621.1 | 630 |
HEROMOTOCO | 4051.9 | 4150 |
HFCL | 99.15 | 102.5 |
HINDALCO | 606.9 | 600 |
HINDCOPPER | 242.05 | 250 |
HINDPETRO | 352.85 | 365 |
HINDUNILVR | 2368.1 | 2360 |
HUDCO | 219.84 | 220 |
ICICIBANK | 1209.2 | 1230 |
ICICIGI | 1815.65 | 1880 |
ICICIPRULI | 590.5 | 600 |
IDEA | 9.46 | 9 |
IDFCFIRSTB | 62.27 | 63 |
IEX | 169.33 | 172.5 |
IGL | 383.25 | 400 |
INDHOTEL | 781.2 | 800 |
INDIAMART | 2083.4 | 2140 |
INDIANB | 501.25 | 520 |
INDIGO | 4161.8 | 4200 |
INDUSINDBK | 950.8 | 980 |
INDUSTOWER | 367.95 | 355 |
INFY | 1875.45 | 1880 |
IOC | 128.26 | 132.5 |
IPCALAB | 1515.85 | 1580 |
IRB | 51.94 | 54 |
IRCTC | 787.5 | 800 |
IRFC | 140.68 | 137.5 |
ITC | 441.6 | 445 |
JINDALSTEL | 882.8 | 920 |
JIOFIN | 244.45 | 265 |
JKCEMENT | 4755.9 | 4700 |
JSL | 634.1 | 630 |
JSWENERGY | 544.15 | 570 |
JSWSTEEL | 932.45 | 930 |
JUBLFOOD | 671 | 700 |
KALYANKJIL | 458.75 | 540 |
KEI | 4253.5 | 4300 |
KOTAKBANK | 1886.2 | 1860 |
KPITTECH | 1322.9 | 1380 |
LALPATHLAB | 2828.85 | 2900 |
LAURUSLABS | 602.65 | 590 |
LICHSGFIN | 573.3 | 580 |
LICI | 821.25 | 850 |
LODHA | 1099.55 | 1120 |
LT | 3458.2 | 3600 |
LTF | 139.68 | 140 |
LTIM | 5998.15 | 5900 |
LTTS | 5431 | 5300 |
LUPIN | 2134.25 | 2180 |
M&M | 2801.4 | 2900 |
M&MFIN | 268.05 | 270 |
MANAPPURAM | 196.71 | 185 |
MARICO | 666.2 | 660 |
MARUTI | 11967.9 | 11700 |
MAXHEALTH | 1055.75 | 1080 |
MCX | 5739.5 | 5800 |
METROPOLIS | 1802.2 | 1920 |
MFSL | 1040.3 | 1060 |
MGL | 1278.45 | 1280 |
MOTHERSON | 142.99 | 150 |
MPHASIS | 3009.3 | 2950 |
MRF | 111484.55 | 115000 |
MUTHOOTFIN | 2173.4 | 2180 |
NATIONALUM | 203.2 | 210 |
NAUKRI | 7447.05 | 7700 |
NAVINFLUOR | 3709.45 | 3700 |
NCC | 235.95 | 250 |
NESTLEIND | 2207.9 | 2200 |
NHPC | 76.88 | 78 |
NMDC | 66.77 | 68 |
NTPC | 323.65 | 325 |
NYKAA | 167.37 | 170 |
OBEROIRLTY | 1756.75 | 1840 |
OFSS | 9805.65 | 10250 |
OIL | 424.5 | 450 |
ONGC | 256.51 | 257.5 |
PAGEIND | 46395.25 | 47000 |
PAYTM | 807.45 | 860 |
PEL | 990.45 | 1080 |
PERSISTENT | 6360.65 | 6200 |
PETRONET | 322.7 | 335 |
PFC | 408.4 | 440 |
PIDILITIND | 2854.55 | 2880 |
PIIND | 3501.6 | 3550 |
PNB | 97.62 | 100 |
POLICYBZR | 1694.7 | 1750 |
POLYCAB | 5915.8 | 6200 |
POONAWALLA | 317 | 320 |
POWERGRID | 295.85 | 305 |
PRESTIGE | 1255.65 | 1350 |
PVRINOX | 1064.1 | 1140 |
RAMCOCEM | 888.75 | 910 |
RBLBANK | 155.73 | 160 |
RECLTD | 446.25 | 480 |
RELIANCE | 1246.3 | 1250 |
SAIL | 108.17 | 110 |
SBICARD | 758.3 | 750 |
SBILIFE | 1440.4 | 1460 |
SBIN | 744.15 | 770 |
SHREECEM | 25783.15 | 26000 |
SHRIRAMFIN | 527.45 | 540 |
SIEMENS | 5879.7 | 6100 |
SJVN | 95.46 | 97.5 |
SONACOMS | 525.05 | 550 |
SRF | 2583.95 | 2560 |
SUNPHARMA | 1822.2 | 1800 |
SUNTV | 640.45 | 660 |
SUPREMEIND | 3803.2 | 4000 |
SYNGENE | 796.1 | 820 |
TATACHEM | 956.9 | 1000 |
TATACOMM | 1629.45 | 1700 |
TATACONSUM | 992.35 | 960 |
TATAELXSI | 6372.7 | 6300 |
TATAMOTORS | 734.1 | 760 |
TATAPOWER | 363.4 | 380 |
TATASTEEL | 129.74 | 135 |
TCS | 4152.35 | 4150 |
TECHM | 1723.05 | 1700 |
TIINDIA | 3232.15 | 3400 |
TITAN | 3402.15 | 3400 |
TORNTPHARM | 3248.4 | 3300 |
TRENT | 5490.45 | 6000 |
TVSMOTOR | 2270.7 | 2300 |
UBL | 2064.85 | 2040 |
ULTRACEMCO | 11285.85 | 11200 |
UNIONBANK | 107.3 | 110 |
UNITDSPR | 1469.75 | 1500 |
UPL | 552 | 540 |
VBL | 541.7 | 550 |
VEDL | 442 | 460 |
VOLTAS | 1456.6 | 1540 |
WIPRO | 320.1 | 310 |
YESBANK | 18.24 | 19 |
ZOMATO | 215.6 | 230 |
ZYDUSLIFE | 957.6 | 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.