NATIONALUM
National Aluminium Co LtdMax pain for NATIONALUM
14 Nov 2025 04:10 PM IST
Max Pain for NATIONALUM is 260
Strike 200 has a total call value of 0 versus a total put value of 186,214,687,500 Combined total value = 186,214,687,500
Strike 202.5 has a total call value of 0 versus a total put value of 176,310,937,500 Combined total value = 176,310,937,500
Strike 205 has a total call value of 0 versus a total put value of 166,427,812,500 Combined total value = 166,427,812,500
Strike 207.5 has a total call value of 0 versus a total put value of 156,544,687,500 Combined total value = 156,544,687,500
Strike 210 has a total call value of 0 versus a total put value of 146,661,562,500 Combined total value = 146,661,562,500
Strike 212.5 has a total call value of 0 versus a total put value of 136,963,125,000 Combined total value = 136,963,125,000
Strike 215 has a total call value of 0 versus a total put value of 127,264,687,500 Combined total value = 127,264,687,500
Strike 217.5 has a total call value of 0 versus a total put value of 117,727,500,000 Combined total value = 117,727,500,000
Strike 220 has a total call value of 0 versus a total put value of 108,233,437,500 Combined total value = 108,233,437,500
Strike 222.5 has a total call value of 173,437,500 versus a total put value of 99,092,812,500 Combined total value = 99,266,250,000
Strike 225 has a total call value of 346,875,000 versus a total put value of 89,952,187,500 Combined total value = 90,299,062,500
Strike 227.5 has a total call value of 659,062,500 versus a total put value of 81,289,687,500 Combined total value = 81,948,750,000
Strike 230 has a total call value of 971,250,000 versus a total put value of 72,765,000,000 Combined total value = 73,736,250,000
Strike 232.5 has a total call value of 1,635,937,500 versus a total put value of 65,050,312,500 Combined total value = 66,686,250,000
Strike 235 has a total call value of 2,348,437,500 versus a total put value of 57,495,937,500 Combined total value = 59,844,375,000
Strike 237.5 has a total call value of 3,169,687,500 versus a total put value of 50,317,500,000 Combined total value = 53,487,187,500
Strike 240 has a total call value of 4,047,187,500 versus a total put value of 43,329,375,000 Combined total value = 47,376,562,500
Strike 242.5 has a total call value of 5,257,500,000 versus a total put value of 37,067,812,500 Combined total value = 42,325,312,500
Strike 245 has a total call value of 6,572,812,500 versus a total put value of 30,933,750,000 Combined total value = 37,506,562,500
Strike 247.5 has a total call value of 8,270,625,000 versus a total put value of 25,280,625,000 Combined total value = 33,551,250,000
Strike 250 has a total call value of 10,056,562,500 versus a total put value of 19,862,812,500 Combined total value = 29,919,375,000
Strike 252.5 has a total call value of 12,239,062,500 versus a total put value of 15,643,125,000 Combined total value = 27,882,187,500
Strike 255 has a total call value of 14,592,187,500 versus a total put value of 11,808,750,000 Combined total value = 26,400,937,500
Strike 257.5 has a total call value of 17,237,812,500 versus a total put value of 8,703,750,000 Combined total value = 25,941,562,500
Strike 260 has a total call value of 19,964,062,500 versus a total put value of 5,703,750,000 Combined total value = 25,667,812,500
Strike 262.5 has a total call value of 23,230,312,500 versus a total put value of 3,994,687,500 Combined total value = 27,225,000,000
Strike 265 has a total call value of 26,694,375,000 versus a total put value of 2,474,062,500 Combined total value = 29,168,437,500
Strike 267.5 has a total call value of 30,920,625,000 versus a total put value of 1,330,312,500 Combined total value = 32,250,937,500
Strike 270 has a total call value of 35,385,937,500 versus a total put value of 347,812,500 Combined total value = 35,733,750,000
Strike 272.5 has a total call value of 40,935,000,000 versus a total put value of 243,750,000 Combined total value = 41,178,750,000
Strike 275 has a total call value of 46,725,000,000 versus a total put value of 163,125,000 Combined total value = 46,888,125,000
Strike 277.5 has a total call value of 53,101,875,000 versus a total put value of 97,500,000 Combined total value = 53,199,375,000
Strike 280 has a total call value of 59,597,812,500 versus a total put value of 47,812,500 Combined total value = 59,645,625,000
Strike 282.5 has a total call value of 66,685,312,500 versus a total put value of 30,937,500 Combined total value = 66,716,250,000
Strike 285 has a total call value of 73,837,500,000 versus a total put value of 14,062,500 Combined total value = 73,851,562,500
Strike 287.5 has a total call value of 81,180,000,000 versus a total put value of 9,375,000 Combined total value = 81,189,375,000
Strike 290 has a total call value of 88,580,625,000 versus a total put value of 4,687,500 Combined total value = 88,585,312,500
Strike 292.5 has a total call value of 96,186,562,500 versus a total put value of 0 Combined total value = 96,186,562,500
Strike 295 has a total call value of 103,860,000,000 versus a total put value of 0 Combined total value = 103,860,000,000
Strike 297.5 has a total call value of 111,624,375,000 versus a total put value of 0 Combined total value = 111,624,375,000
Strike 300 has a total call value of 119,388,750,000 versus a total put value of 0 Combined total value = 119,388,750,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1065.4 | 1080 |
| ABB | 4952.5 | 5000 |
| ABCAPITAL | 331.4 | 325 |
| ADANIENSOL | 1023.85 | 1000 |
| ADANIENT | 2516.8 | 2460 |
| ADANIGREEN | 1068.8 | 1080 |
| ADANIPORTS | 1512.7 | 1460 |
| ALKEM | 5722.5 | 5750 |
| AMBER | 7376 | 7300 |
| AMBUJACEM | 563.2 | 570 |
| ANGELONE | 2745.3 | 2650 |
| APLAPOLLO | 1763.3 | 1800 |
| APOLLOHOSP | 7420.5 | 7500 |
| ASHOKLEY | 148.26 | 145 |
| ASIANPAINT | 2906.4 | 2800 |
| ASTRAL | 1514 | 1520 |
| AUBANK | 890.6 | 890 |
| AUROPHARMA | 1222.5 | 1200 |
| AXISBANK | 1241.6 | 1230 |
| BAJAJ-AUTO | 8843 | 8900 |
| BAJAJFINSV | 2065.8 | 2040 |
| BAJFINANCE | 1018.5 | 1020 |
| BANDHANBNK | 154.59 | 160 |
| BANKBARODA | 286.75 | 280 |
| BANKINDIA | 146.52 | 143 |
| BDL | 1613.8 | 1600 |
| BEL | 426.85 | 420 |
| BHARATFORG | 1396.7 | 1360 |
| BHARTIARTL | 2100.7 | 2060 |
| BHEL | 281.6 | 275 |
| BIOCON | 411.15 | 400 |
| BLUESTARCO | 1768.4 | 1800 |
| BOSCHLTD | 36955 | 37000 |
| BPCL | 371.15 | 362.5 |
| BRITANNIA | 5803.5 | 5850 |
| BSE | 2827.6 | 2700 |
| CAMS | 3938 | 3950 |
| CANBK | 146.07 | 140 |
| CDSL | 1625.8 | 1620 |
| CGPOWER | 743.5 | 740 |
| CHOLAFIN | 1714.6 | 1720 |
| CIPLA | 1532.1 | 1530 |
| COALINDIA | 386.95 | 382.25 |
| COFORGE | 1799.6 | 1800 |
| COLPAL | 2172.7 | 2200 |
| CONCOR | 518.85 | 530 |
| CROMPTON | 276.15 | 290 |
| CUMMINSIND | 4283.2 | 4300 |
| CYIENT | 1131.6 | 1160 |
| DABUR | 525 | 510 |
| DALBHARAT | 2032.6 | 2060 |
| DELHIVERY | 436.4 | 435 |
| DIVISLAB | 6511.5 | 6600 |
| DIXON | 15419 | 15500 |
| DLF | 764.85 | 770 |
| DMART | 4053.7 | 4100 |
| DRREDDY | 1246 | 1210 |
| EICHERMOT | 6695 | 6800 |
| ETERNAL | 303.75 | 310 |
| EXIDEIND | 381 | 385 |
| FEDERALBNK | 236.26 | 235 |
| FORTIS | 937.7 | 960 |
| GAIL | 183.41 | 182.5 |
| GLENMARK | 1895.6 | 1900 |
| GMRAIRPORT | 95.67 | 95 |
| GODREJCP | 1146.5 | 1140 |
| GODREJPROP | 2195.8 | 2200 |
| GRASIM | 2783.4 | 2800 |
| HAL | 4729.8 | 4800 |
| HAVELLS | 1469.4 | 1500 |
| HCLTECH | 1594.6 | 1560 |
| HDFCAMC | 5413 | 5500 |
| HDFCBANK | 989.6 | 990 |
| HDFCLIFE | 773.7 | 760 |
| HEROMOTOCO | 5538.5 | 5550 |
| HFCL | 75.86 | 76 |
| HINDALCO | 803.65 | 800 |
| HINDPETRO | 481.25 | 470 |
| HINDUNILVR | 2427.7 | 2460 |
| HINDZINC | 487.05 | 490 |
| HUDCO | 227.49 | 230 |
| ICICIBANK | 1373 | 1380 |
| ICICIGI | 2005.1 | 2020 |
| ICICIPRULI | 629.45 | 610 |
| IDEA | 10.94 | 10 |
| IDFCFIRSTB | 80.43 | 80 |
| IEX | 137.55 | 142.5 |
| IGL | 212.66 | 212.5 |
| IIFL | 547.3 | 540 |
| INDHOTEL | 720.8 | 730 |
| INDIANB | 868.45 | 850 |
| INDIGO | 5908.5 | 5800 |
| INDUSINDBK | 848.25 | 800 |
| INDUSTOWER | 412.35 | 390 |
| INFY | 1502.8 | 1500 |
| INOXWIND | 148.69 | 150 |
| IOC | 171.25 | 165 |
| IRCTC | 705.3 | 710 |
| IREDA | 149.61 | 150 |
| IRFC | 121.01 | 123 |
| ITC | 408.15 | 410 |
| JINDALSTEL | 1076.2 | 1080 |
| JIOFIN | 314.9 | 310 |
| JSWENERGY | 528.8 | 530 |
| JSWSTEEL | 1167.8 | 1170 |
| JUBLFOOD | 615.3 | 600 |
| KALYANKJIL | 495.5 | 500 |
| KAYNES | 6332 | 6500 |
| KEI | 4112.8 | 4100 |
| KFINTECH | 1084.1 | 1100 |
| KOTAKBANK | 2079.7 | 2100 |
| KPITTECH | 1222.2 | 1200 |
| LAURUSLABS | 999 | 960 |
| LICHSGFIN | 567.7 | 580 |
| LICI | 909.45 | 910 |
| LODHA | 1209.5 | 1200 |
| LT | 4004.4 | 3960 |
| LTF | 294.15 | 292.5 |
| LTIM | 5809 | 5700 |
| LUPIN | 2055.3 | 2000 |
| M&M | 3698.6 | 3600 |
| MANAPPURAM | 281.15 | 275 |
| MANKIND | 2267.1 | 2300 |
| MARICO | 738.7 | 730 |
| MARUTI | 15684 | 15700 |
| MAXHEALTH | 1103.1 | 1120 |
| MAZDOCK | 2782.1 | 2800 |
| MCX | 9666.5 | 9400 |
| MFSL | 1673.4 | 1660 |
| MOTHERSON | 109.84 | 108 |
| MPHASIS | 2772.1 | 2800 |
| MUTHOOTFIN | 3725.6 | 3700 |
| NATIONALUM | 262.57 | 260 |
| NAUKRI | 1323.5 | 1360 |
| NBCC | 114.14 | 110 |
| NCC | 184.13 | 190 |
| NESTLEIND | 1271.6 | 1270 |
| NHPC | 80.3 | 82 |
| NMDC | 76.55 | 77 |
| NTPC | 328.45 | 332.5 |
| NUVAMA | 7339.5 | 7300 |
| NYKAA | 260.13 | 255 |
| OBEROIRLTY | 1752.4 | 1740 |
| OFSS | 8223.5 | 8400 |
| OIL | 436.85 | 430 |
| ONGC | 247.6 | 244 |
| PAGEIND | 39765 | 40000 |
| PATANJALI | 587.8 | 585 |
| PAYTM | 1299.2 | 1300 |
| PERSISTENT | 6101 | 6000 |
| PETRONET | 273.6 | 283 |
| PFC | 374.6 | 390 |
| PGEL | 578.1 | 560 |
| PHOENIXLTD | 1736.4 | 1720 |
| PIDILITIND | 1459.8 | 1480 |
| PIIND | 3560.5 | 3600 |
| PNB | 122.21 | 120 |
| PNBHOUSING | 915.4 | 910 |
| POLICYBZR | 1738.6 | 1780 |
| POLYCAB | 7632 | 7700 |
| POWERGRID | 271.3 | 280 |
| POWERINDIA | 21466 | 21000 |
| PPLPHARMA | 194.03 | 197.5 |
| PRESTIGE | 1744.9 | 1740 |
| RBLBANK | 318.65 | 320 |
| RECLTD | 358.05 | 370 |
| RELIANCE | 1518.9 | 1500 |
| RVNL | 321.05 | 320 |
| SAIL | 141.99 | 140 |
| SAMMAANCAP | 176.14 | 180 |
| SBICARD | 874.95 | 890 |
| SBILIFE | 2000.9 | 1980 |
| SBIN | 967.85 | 955 |
| SHREECEM | 26700 | 27250 |
| SHRIRAMFIN | 809.3 | 800 |
| SIEMENS | 3084.2 | 3100 |
| SOLARINDS | 13880 | 14000 |
| SONACOMS | 485.6 | 485 |
| SRF | 2839.1 | 2900 |
| SUNPHARMA | 1757.1 | 1720 |
| SUPREMEIND | 3709.8 | 3800 |
| SUZLON | 57.68 | 58 |
| SYNGENE | 654.4 | 650 |
| TATACONSUM | 1157.8 | 1160 |
| TATAELXSI | 5266.5 | 5300 |
| TATAMOTORS | 0 | 320 |
| TATAPOWER | 388.4 | 395 |
| TATASTEEL | 174.26 | 177.5 |
| TATATECH | 679.85 | 700 |
| TCS | 3106 | 3100 |
| TECHM | 1439.2 | 1460 |
| TIINDIA | 3067.6 | 3000 |
| TITAGARH | 866.45 | 880 |
| TITAN | 3829.2 | 3780 |
| TMPV | 391.2 | 400 |
| TORNTPHARM | 3831.8 | 3800 |
| TORNTPOWER | 1301 | 1300 |
| TRENT | 4391.2 | 4500 |
| TVSMOTOR | 3386.5 | 3500 |
| ULTRACEMCO | 11874 | 12000 |
| UNIONBANK | 152.76 | 150 |
| UNITDSPR | 1429.4 | 1420 |
| UNOMINDA | 1307.2 | 1280 |
| UPL | 758.6 | 740 |
| VBL | 459.4 | 465 |
| VEDL | 525.35 | 515 |
| VOLTAS | 1350.9 | 1340 |
| WIPRO | 244.37 | 245 |
| YESBANK | 22.5 | 23 |
| ZYDUSLIFE | 944.45 | 960 |
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.
































































































































































































































