NCC
Ncc Limited
Max pain for NCC
17 Jun 2025 04:13 PM IST
Max Pain for NCC is 232.5
Strike 190 has a total call value of 0 versus a total put value of 27,157,056,250 Combined total value = 27,157,056,250
Strike 192.5 has a total call value of 0 versus a total put value of 24,962,268,750 Combined total value = 24,962,268,750
Strike 195 has a total call value of 0 versus a total put value of 22,767,481,250 Combined total value = 22,767,481,250
Strike 197.5 has a total call value of 0 versus a total put value of 20,572,693,750 Combined total value = 20,572,693,750
Strike 200 has a total call value of 0 versus a total put value of 18,377,906,250 Combined total value = 18,377,906,250
Strike 202.5 has a total call value of 0 versus a total put value of 16,251,900,000 Combined total value = 16,251,900,000
Strike 205 has a total call value of 0 versus a total put value of 14,125,893,750 Combined total value = 14,125,893,750
Strike 207.5 has a total call value of 0 versus a total put value of 12,034,943,750 Combined total value = 12,034,943,750
Strike 210 has a total call value of 0 versus a total put value of 9,943,993,750 Combined total value = 9,943,993,750
Strike 212.5 has a total call value of 11,981,250 versus a total put value of 7,991,050,000 Combined total value = 8,003,031,250
Strike 215 has a total call value of 31,062,500 versus a total put value of 6,056,300,000 Combined total value = 6,087,362,500
Strike 217.5 has a total call value of 67,893,750 versus a total put value of 5,112,887,500 Combined total value = 5,180,781,250
Strike 220 has a total call value of 122,475,000 versus a total put value of 4,215,181,250 Combined total value = 4,337,656,250
Strike 222.5 has a total call value of 255,156,250 versus a total put value of 3,469,237,500 Combined total value = 3,724,393,750
Strike 225 has a total call value of 411,356,250 versus a total put value of 2,754,356,250 Combined total value = 3,165,712,500
Strike 227.5 has a total call value of 613,706,250 versus a total put value of 2,157,956,250 Combined total value = 2,771,662,500
Strike 230 has a total call value of 846,675,000 versus a total put value of 1,622,350,000 Combined total value = 2,469,025,000
Strike 232.5 has a total call value of 1,202,118,750 versus a total put value of 1,213,656,250 Combined total value = 2,415,775,000
Strike 235 has a total call value of 1,595,725,000 versus a total put value of 855,993,750 Combined total value = 2,451,718,750
Strike 237.5 has a total call value of 2,114,025,000 versus a total put value of 553,356,250 Combined total value = 2,667,381,250
Strike 240 has a total call value of 2,674,481,250 versus a total put value of 278,231,250 Combined total value = 2,952,712,500
Strike 242.5 has a total call value of 3,763,887,500 versus a total put value of 173,506,250 Combined total value = 3,937,393,750
Strike 245 has a total call value of 4,910,093,750 versus a total put value of 94,075,000 Combined total value = 5,004,168,750
Strike 247.5 has a total call value of 6,240,900,000 versus a total put value of 41,712,500 Combined total value = 6,282,612,500
Strike 250 has a total call value of 7,614,750,000 versus a total put value of 0 Combined total value = 7,614,750,000
Strike 252.5 has a total call value of 9,292,568,750 versus a total put value of 0 Combined total value = 9,292,568,750
Strike 255 has a total call value of 11,017,868,750 versus a total put value of 0 Combined total value = 11,017,868,750
Strike 257.5 has a total call value of 12,827,037,500 versus a total put value of 0 Combined total value = 12,827,037,500
Strike 260 has a total call value of 14,636,206,250 versus a total put value of 0 Combined total value = 14,636,206,250
Strike 262.5 has a total call value of 16,664,143,750 versus a total put value of 0 Combined total value = 16,664,143,750
Strike 265 has a total call value of 18,692,081,250 versus a total put value of 0 Combined total value = 18,692,081,250
Strike 267.5 has a total call value of 20,732,443,750 versus a total put value of 0 Combined total value = 20,732,443,750
Strike 270 has a total call value of 22,787,006,250 versus a total put value of 0 Combined total value = 22,787,006,250
Strike 272.5 has a total call value of 24,885,056,250 versus a total put value of 0 Combined total value = 24,885,056,250
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 455.6 | 470 |
| ABB | 6034.5 | 6000 |
| ABCAPITAL | 255.11 | 242.5 |
| ABFRL | 74.7 | 80 |
| ACC | 1860.7 | 1900 |
| ADANIENSOL | 848.85 | 880 |
| ADANIENT | 2488.5 | 2600 |
| ADANIGREEN | 977.5 | 1020 |
| ADANIPORTS | 1392.3 | 1420 |
| ALKEM | 4813 | 4900 |
| AMBUJACEM | 550.9 | 565 |
| ANGELONE | 2873.6 | 3000 |
| APLAPOLLO | 1833.4 | 1840 |
| APOLLOHOSP | 7006.5 | 7000 |
| ASHOKLEY | 234.52 | 240 |
| ASIANPAINT | 2264.8 | 2260 |
| ASTRAL | 1564 | 1520 |
| ATGL | 646.85 | 680 |
| AUBANK | 773.15 | 760 |
| AUROPHARMA | 1109.7 | 1160 |
| AXISBANK | 1215.1 | 1200 |
| BAJAJ-AUTO | 8494.5 | 8600 |
| BAJAJFINSV | 2003.3 | 2000 |
| BAJFINANCE | 923 | 930 |
| BALKRISIND | 2447.7 | 2480 |
| BANDHANBNK | 175.01 | 175 |
| BANKBARODA | 238.04 | 241.65 |
| BANKINDIA | 119.65 | 120 |
| BDL | 1903.4 | 1900 |
| BEL | 401.75 | 390 |
| BHARATFORG | 1300.5 | 1300 |
| BHARTIARTL | 1854.8 | 1860 |
| BHEL | 252.35 | 255 |
| BIOCON | 352.65 | 350 |
| BLUESTARCO | 1669.9 | 1600 |
| BOSCHLTD | 32215 | 32000 |
| BPCL | 312.8 | 320 |
| BRITANNIA | 5568.5 | 5550 |
| BSE | 2664.4 | 2700 |
| BSOFT | 423.15 | 420 |
| CAMS | 4181.4 | 4150 |
| CANBK | 109.23 | 110 |
| CDSL | 1686.8 | 1700 |
| CESC | 163 | 167.5 |
| CGPOWER | 694.1 | 690 |
| CHAMBLFERT | 555.45 | 560 |
| CHOLAFIN | 1555.2 | 1580 |
| CIPLA | 1503.5 | 1500 |
| COALINDIA | 391.3 | 400 |
| COFORGE | 1840.5 | 1760 |
| COLPAL | 2382 | 2440 |
| CONCOR | 750.75 | 770 |
| CROMPTON | 349.55 | 350 |
| CUMMINSIND | 3316.5 | 3300 |
| CYIENT | 1331.6 | 1340 |
| DABUR | 472.05 | 480 |
| DALBHARAT | 2062 | 2080 |
| DELHIVERY | 358.75 | 365 |
| DIVISLAB | 6538 | 6650 |
| DIXON | 14243 | 14750 |
| DLF | 851.45 | 840 |
| DMART | 4059.1 | 4100 |
| DRREDDY | 1318.8 | 1300 |
| EICHERMOT | 5341 | 5350 |
| ETERNAL | 247.25 | 250 |
| EXIDEIND | 382.95 | 390 |
| FEDERALBNK | 204.77 | 207.5 |
| FORTIS | 761.55 | 750 |
| GAIL | 190.47 | 195 |
| GLENMARK | 1653.2 | 1600 |
| GMRAIRPORT | 82.76 | 85 |
| GODREJCP | 1195.6 | 1220 |
| GODREJPROP | 2455.7 | 2400 |
| GRANULES | 498.15 | 520 |
| GRASIM | 2671.4 | 2680 |
| HAL | 5047.3 | 5000 |
| HAVELLS | 1528.6 | 1560 |
| HCLTECH | 1729.6 | 1680 |
| HDFCAMC | 4983.9 | 4960 |
| HDFCBANK | 1929.6 | 1940 |
| HDFCLIFE | 773.95 | 760 |
| HEROMOTOCO | 4371 | 4300 |
| HFCL | 81.91 | 87 |
| HINDALCO | 641.7 | 650 |
| HINDCOPPER | 252.71 | 250 |
| HINDPETRO | 393.25 | 400 |
| HINDUNILVR | 2328.6 | 2340 |
| HINDZINC | 486.35 | 500 |
| HUDCO | 224.7 | 235 |
| ICICIBANK | 1423.2 | 1440 |
| ICICIGI | 1916.6 | 1940 |
| ICICIPRULI | 640.3 | 640 |
| IDEA | 6.6 | 7 |
| IDFCFIRSTB | 70.15 | 70 |
| IEX | 186.76 | 195 |
| IGL | 208.91 | 210 |
| IIFL | 487.65 | 480 |
| INDHOTEL | 756.65 | 770 |
| INDIANB | 634.05 | 623.75 |
| INDIGO | 5310.5 | 5400 |
| INDUSINDBK | 809.15 | 820 |
| INDUSTOWER | 392.1 | 390 |
| INFY | 1639.9 | 1600 |
| INOXWIND | 169.17 | 180 |
| IOC | 141.68 | 144 |
| IRB | 49.3 | 51 |
| IRCTC | 768.7 | 780 |
| IREDA | 164.97 | 175 |
| IRFC | 137.83 | 140 |
| ITC | 417.4 | 420 |
| JINDALSTEL | 891 | 930 |
| JIOFIN | 289.8 | 295 |
| JSL | 687.15 | 690 |
| JSWENERGY | 503.35 | 510 |
| JSWSTEEL | 999.65 | 1000 |
| JUBLFOOD | 677.65 | 680 |
| KALYANKJIL | 514.55 | 540 |
| KAYNES | 5644 | 5600 |
| KEI | 3612.7 | 3650 |
| KOTAKBANK | 2136.8 | 2120 |
| KPITTECH | 1400.6 | 1380 |
| LAURUSLABS | 660.55 | 650 |
| LICHSGFIN | 600.75 | 600 |
| LICI | 947.45 | 950 |
| LODHA | 1446 | 1460 |
| LT | 3622.3 | 3620 |
| LTF | 190.04 | 185 |
| LTIM | 5514.5 | 5400 |
| LUPIN | 1944 | 2000 |
| M&M | 3007.2 | 3050 |
| M&MFIN | 269.3 | 270 |
| MANAPPURAM | 269.92 | 240 |
| MANKIND | 2353.2 | 2400 |
| MARICO | 686.85 | 700 |
| MARUTI | 12595 | 12400 |
| MAXHEALTH | 1226.8 | 1220 |
| MAZDOCK | 3305.9 | 3300 |
| MCX | 7925.5 | 7600 |
| MFSL | 1585.8 | 1540 |
| MGL | 1433.5 | 1380 |
| MOTHERSON | 150.8 | 155 |
| MPHASIS | 2693.4 | 2620 |
| MUTHOOTFIN | 2645.7 | 2500 |
| NATIONALUM | 185.17 | 190 |
| NAUKRI | 1475.4 | 1500 |
| NBCC | 120.14 | 120 |
| NCC | 225.77 | 232.5 |
| NESTLEIND | 2362 | 2380 |
| NHPC | 85.07 | 88 |
| NMDC | 68.63 | 71 |
| NTPC | 335.2 | 340 |
| NYKAA | 194.06 | 197.5 |
| OBEROIRLTY | 1911.2 | 1880 |
| OFSS | 9732.5 | 9400 |
| OIL | 478.2 | 460 |
| ONGC | 252.31 | 250 |
| PAGEIND | 45830 | 46000 |
| PATANJALI | 1657.8 | 1700 |
| PAYTM | 865.15 | 880 |
| PEL | 1127.2 | 1140 |
| PERSISTENT | 6068 | 5800 |
| PETRONET | 297.1 | 310 |
| PFC | 403.1 | 420 |
| PHOENIXLTD | 1613.5 | 1600 |
| PIDILITIND | 3018.3 | 3020 |
| PIIND | 4172.3 | 4050 |
| PNB | 105.88 | 107 |
| PNBHOUSING | 1061.2 | 1080 |
| POLICYBZR | 1950.1 | 1880 |
| POLYCAB | 6041.5 | 6000 |
| POONAWALLA | 420.9 | 420 |
| POWERGRID | 288.55 | 292.5 |
| PPLPHARMA | 195.26 | 200 |
| PRESTIGE | 1694.7 | 1620 |
| RBLBANK | 218.65 | 220 |
| RECLTD | 399.15 | 410 |
| RELIANCE | 1431.2 | 1440 |
| RVNL | 400.65 | 410 |
| SAIL | 126.91 | 130 |
| SBICARD | 991 | 970 |
| SBILIFE | 1800.2 | 1800 |
| SBIN | 792.3 | 810 |
| SHREECEM | 29620 | 29750 |
| SHRIRAMFIN | 665 | 670 |
| SIEMENS | 3321.6 | 3300 |
| SJVN | 97.5 | 100 |
| SOLARINDS | 17155 | 16750 |
| SONACOMS | 479.95 | 500 |
| SRF | 3096.4 | 3050 |
| SUNPHARMA | 1650.2 | 1680 |
| SUPREMEIND | 4644.4 | 4500 |
| SYNGENE | 649.15 | 650 |
| TATACHEM | 935.2 | 930 |
| TATACOMM | 1709.6 | 1700 |
| TATACONSUM | 1071.6 | 1090 |
| TATAELXSI | 6418 | 6400 |
| TATAMOTORS | 674.75 | 700 |
| TATAPOWER | 396.05 | 405 |
| TATASTEEL | 152.6 | 155 |
| TATATECH | 739.3 | 760 |
| TCS | 3515.3 | 3480 |
| TECHM | 1718.6 | 1660 |
| TIINDIA | 2904.1 | 3000 |
| TITAGARH | 885.1 | 920 |
| TITAN | 3405.7 | 3480 |
| TORNTPHARM | 3255.4 | 3200 |
| TORNTPOWER | 1406.8 | 1420 |
| TRENT | 5626.5 | 5700 |
| TVSMOTOR | 2777.2 | 2780 |
| ULTRACEMCO | 11383 | 11300 |
| UNIONBANK | 144.96 | 147.5 |
| UNITDSPR | 1474.8 | 1500 |
| UNOMINDA | 1049.5 | 1060 |
| UPL | 646.1 | 640 |
| USDINR | 86.37 | 85.5 |
| VBL | 470.35 | 480 |
| VEDL | 458.95 | 450 |
| VOLTAS | 1294.2 | 1280 |
| WIPRO | 262.91 | 260 |
| YESBANK | 19.94 | 21 |
| ZOMATO | 0 | 200 |
| ZYDUSLIFE | 957.65 | 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.
