`
[--[65.84.65.76]--]
NIFTY
Nifty

24496.1 38.95 (0.16%)

Max pain for NIFTY

04 Dec 2024 09:26 AM IST

Max Pain for NIFTY is 24400  



Strike  21600  has a total call value of 0  versus a total put value of  38,586,749,750,000 Combined total value = 38,586,749,750,000

Strike  21650  has a total call value of 0  versus a total put value of  37,618,941,500,000 Combined total value = 37,618,941,500,000

Strike  21700  has a total call value of 0  versus a total put value of  36,661,034,375,000 Combined total value = 36,661,034,375,000

Strike  21750  has a total call value of 0  versus a total put value of  35,711,824,250,000 Combined total value = 35,711,824,250,000

Strike  21800  has a total call value of 0  versus a total put value of  34,766,756,875,000 Combined total value = 34,766,756,875,000

Strike  21850  has a total call value of 0  versus a total put value of  33,826,128,500,000 Combined total value = 33,826,128,500,000

Strike  21900  has a total call value of 0  versus a total put value of  32,886,413,750,000 Combined total value = 32,886,413,750,000

Strike  21950  has a total call value of 0  versus a total put value of  31,950,838,750,000 Combined total value = 31,950,838,750,000

Strike  22000  has a total call value of 0  versus a total put value of  31,015,969,625,000 Combined total value = 31,015,969,625,000

Strike  22050  has a total call value of 0  versus a total put value of  30,100,811,125,000 Combined total value = 30,100,811,125,000

Strike  22100  has a total call value of 0  versus a total put value of  29,186,233,625,000 Combined total value = 29,186,233,625,000

Strike  22150  has a total call value of 0  versus a total put value of  28,276,337,625,000 Combined total value = 28,276,337,625,000

Strike  22200  has a total call value of 0  versus a total put value of  27,367,274,875,000 Combined total value = 27,367,274,875,000

Strike  22250  has a total call value of 0  versus a total put value of  26,461,614,625,000 Combined total value = 26,461,614,625,000

Strike  22300  has a total call value of 0  versus a total put value of  25,557,904,250,000 Combined total value = 25,557,904,250,000

Strike  22350  has a total call value of 0  versus a total put value of  24,660,054,500,000 Combined total value = 24,660,054,500,000

Strike  22400  has a total call value of 0  versus a total put value of  23,763,556,250,000 Combined total value = 23,763,556,250,000

Strike  22450  has a total call value of 0  versus a total put value of  22,872,671,375,000 Combined total value = 22,872,671,375,000

Strike  22500  has a total call value of 0  versus a total put value of  21,982,893,250,000 Combined total value = 21,982,893,250,000

Strike  22550  has a total call value of 36,125,000  versus a total put value of  21,113,649,125,000 Combined total value = 21,113,685,250,000

Strike  22600  has a total call value of 72,250,000  versus a total put value of  20,245,434,250,000 Combined total value = 20,245,506,500,000

Strike  22650  has a total call value of 108,375,000  versus a total put value of  19,385,368,500,000 Combined total value = 19,385,476,875,000

Strike  22700  has a total call value of 144,500,000  versus a total put value of  18,526,798,500,000 Combined total value = 18,526,943,000,000

Strike  22750  has a total call value of 180,625,000  versus a total put value of  17,674,439,375,000 Combined total value = 17,674,620,000,000

Strike  22800  has a total call value of 216,750,000  versus a total put value of  16,824,611,875,000 Combined total value = 16,824,828,625,000

Strike  22850  has a total call value of 252,875,000  versus a total put value of  15,982,663,875,000 Combined total value = 15,982,916,750,000

Strike  22900  has a total call value of 289,000,000  versus a total put value of  15,142,464,375,000 Combined total value = 15,142,753,375,000

Strike  22950  has a total call value of 325,125,000  versus a total put value of  14,316,162,500,000 Combined total value = 14,316,487,625,000

Strike  23000  has a total call value of 361,250,000  versus a total put value of  13,493,603,125,000 Combined total value = 13,493,964,375,000

Strike  23050  has a total call value of 825,625,000  versus a total put value of  12,723,975,875,000 Combined total value = 12,724,801,500,000

Strike  23100  has a total call value of 1,290,000,000  versus a total put value of  11,957,442,250,000 Combined total value = 11,958,732,250,000

Strike  23150  has a total call value of 1,805,750,000  versus a total put value of  11,206,548,375,000 Combined total value = 11,208,354,125,000

Strike  23200  has a total call value of 2,321,500,000  versus a total put value of  10,460,542,000,000 Combined total value = 10,462,863,500,000

Strike  23250  has a total call value of 2,837,250,000  versus a total put value of  9,740,162,375,000 Combined total value = 9,742,999,625,000

Strike  23300  has a total call value of 3,395,500,000  versus a total put value of  9,026,881,875,000 Combined total value = 9,030,277,375,000

Strike  23350  has a total call value of 4,270,750,000  versus a total put value of  8,336,002,500,000 Combined total value = 8,340,273,250,000

Strike  23400  has a total call value of 5,146,000,000  versus a total put value of  7,653,686,250,000 Combined total value = 7,658,832,250,000

Strike  23450  has a total call value of 6,611,000,000  versus a total put value of  6,999,052,625,000 Combined total value = 7,005,663,625,000

Strike  23500  has a total call value of 8,076,000,000  versus a total put value of  6,355,177,125,000 Combined total value = 6,363,253,125,000

Strike  23550  has a total call value of 11,598,625,000  versus a total put value of  5,781,027,125,000 Combined total value = 5,792,625,750,000

Strike  23600  has a total call value of 15,230,750,000  versus a total put value of  5,218,304,000,000 Combined total value = 5,233,534,750,000

Strike  23650  has a total call value of 20,047,000,000  versus a total put value of  4,686,894,875,000 Combined total value = 4,706,941,875,000

Strike  23700  has a total call value of 24,943,375,000  versus a total put value of  4,168,189,375,000 Combined total value = 4,193,132,750,000

Strike  23750  has a total call value of 31,035,875,000  versus a total put value of  3,688,765,625,000 Combined total value = 3,719,801,500,000

Strike  23800  has a total call value of 37,481,250,000  versus a total put value of  3,226,538,500,000 Combined total value = 3,264,019,750,000

Strike  23850  has a total call value of 46,421,250,000  versus a total put value of  2,811,931,125,000 Combined total value = 2,858,352,375,000

Strike  23900  has a total call value of 56,247,875,000  versus a total put value of  2,411,201,500,000 Combined total value = 2,467,449,375,000

Strike  23950  has a total call value of 69,107,750,000  versus a total put value of  2,042,836,250,000 Combined total value = 2,111,944,000,000

Strike  24000  has a total call value of 83,649,500,000  versus a total put value of  1,690,518,125,000 Combined total value = 1,774,167,625,000

Strike  24050  has a total call value of 108,925,000,000  versus a total put value of  1,409,392,125,000 Combined total value = 1,518,317,125,000

Strike  24100  has a total call value of 137,140,625,000  versus a total put value of  1,143,695,875,000 Combined total value = 1,280,836,500,000

Strike  24150  has a total call value of 175,323,750,000  versus a total put value of  918,589,875,000 Combined total value = 1,093,913,625,000

Strike  24200  has a total call value of 216,976,500,000  versus a total put value of  713,004,875,000 Combined total value = 929,981,375,000

Strike  24250  has a total call value of 271,097,000,000  versus a total put value of  547,062,250,000 Combined total value = 818,159,250,000

Strike  24300  has a total call value of 329,812,750,000  versus a total put value of  393,954,125,000 Combined total value = 723,766,875,000

Strike  24350  has a total call value of 404,666,625,000  versus a total put value of  281,448,625,000 Combined total value = 686,115,250,000

Strike  24400  has a total call value of 485,964,250,000  versus a total put value of  182,099,000,000 Combined total value = 668,063,250,000

Strike  24450  has a total call value of 596,938,250,000  versus a total put value of  116,693,250,000 Combined total value = 713,631,500,000

Strike  24500  has a total call value of 728,811,625,000  versus a total put value of  73,424,000,000 Combined total value = 802,235,625,000

Strike  24550  has a total call value of 919,372,875,000  versus a total put value of  56,788,000,000 Combined total value = 976,160,875,000

Strike  24600  has a total call value of 1,128,341,875,000  versus a total put value of  44,865,500,000 Combined total value = 1,173,207,375,000

Strike  24650  has a total call value of 1,373,054,250,000  versus a total put value of  37,610,000,000 Combined total value = 1,410,664,250,000

Strike  24700  has a total call value of 1,631,983,375,000  versus a total put value of  31,645,500,000 Combined total value = 1,663,628,875,000

Strike  24750  has a total call value of 1,934,046,250,000  versus a total put value of  27,430,625,000 Combined total value = 1,961,476,875,000

Strike  24800  has a total call value of 2,251,471,500,000  versus a total put value of  23,685,125,000 Combined total value = 2,275,156,625,000

Strike  24850  has a total call value of 2,625,629,375,000  versus a total put value of  20,907,875,000 Combined total value = 2,646,537,250,000

Strike  24900  has a total call value of 3,019,414,500,000  versus a total put value of  18,218,625,000 Combined total value = 3,037,633,125,000

Strike  24950  has a total call value of 3,456,108,250,000  versus a total put value of  15,721,375,000 Combined total value = 3,471,829,625,000

Strike  25000  has a total call value of 3,907,741,000,000  versus a total put value of  13,244,125,000 Combined total value = 3,920,985,125,000

Strike  25050  has a total call value of 4,431,557,000,000  versus a total put value of  12,296,000,000 Combined total value = 4,443,853,000,000

Strike  25100  has a total call value of 4,966,050,500,000  versus a total put value of  11,363,125,000 Combined total value = 4,977,413,625,000

Strike  25150  has a total call value of 5,532,187,625,000  versus a total put value of  10,476,500,000 Combined total value = 5,542,664,125,000

Strike  25200  has a total call value of 6,106,250,500,000  versus a total put value of  9,589,875,000 Combined total value = 6,115,840,375,000

Strike  25250  has a total call value of 6,707,656,125,000  versus a total put value of  8,819,750,000 Combined total value = 6,716,475,875,000

Strike  25300  has a total call value of 7,316,132,250,000  versus a total put value of  8,049,625,000 Combined total value = 7,324,181,875,000

Strike  25350  has a total call value of 7,949,271,750,000  versus a total put value of  7,279,500,000 Combined total value = 7,956,551,250,000

Strike  25400  has a total call value of 8,587,569,250,000  versus a total put value of  6,509,375,000 Combined total value = 8,594,078,625,000

Strike  25450  has a total call value of 9,235,002,500,000  versus a total put value of  5,739,250,000 Combined total value = 9,240,741,750,000

Strike  25500  has a total call value of 9,884,542,250,000  versus a total put value of  4,970,625,000 Combined total value = 9,889,512,875,000

Strike  25550  has a total call value of 10,569,668,125,000  versus a total put value of  4,474,250,000 Combined total value = 10,574,142,375,000

Strike  25600  has a total call value of 11,256,597,875,000  versus a total put value of  3,977,875,000 Combined total value = 11,260,575,750,000

Strike  25650  has a total call value of 11,952,096,875,000  versus a total put value of  3,481,500,000 Combined total value = 11,955,578,375,000

Strike  25700  has a total call value of 12,649,172,625,000  versus a total put value of  2,985,125,000 Combined total value = 12,652,157,750,000

Strike  25750  has a total call value of 13,351,813,500,000  versus a total put value of  2,488,750,000 Combined total value = 13,354,302,250,000

Strike  25800  has a total call value of 14,056,254,500,000  versus a total put value of  1,992,375,000 Combined total value = 14,058,246,875,000

Strike  25850  has a total call value of 14,767,370,000,000  versus a total put value of  1,496,000,000 Combined total value = 14,768,866,000,000

Strike  25900  has a total call value of 15,480,415,500,000  versus a total put value of  999,625,000 Combined total value = 15,481,415,125,000

Strike  25950  has a total call value of 16,198,247,625,000  versus a total put value of  503,250,000 Combined total value = 16,198,750,875,000

Strike  26000  has a total call value of 16,917,814,375,000  versus a total put value of  6,875,000 Combined total value = 16,917,821,250,000

Strike  26050  has a total call value of 17,670,826,875,000  versus a total put value of  5,500,000 Combined total value = 17,670,832,375,000

Strike  26100  has a total call value of 18,429,992,625,000  versus a total put value of  4,125,000 Combined total value = 18,429,996,750,000

Strike  26150  has a total call value of 19,197,298,875,000  versus a total put value of  2,750,000 Combined total value = 19,197,301,625,000

Strike  26200  has a total call value of 19,968,595,750,000  versus a total put value of  1,375,000 Combined total value = 19,968,597,125,000

Strike  26250  has a total call value of 20,752,854,375,000  versus a total put value of  0 Combined total value = 20,752,854,375,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 447.8 450
ABB 7655.85 7400
ABBOTINDIA 28600 27000
ABCAPITAL 199.6 200
ABFRL 319.8 315
ACC 2271.45 2280
ADANIENSOL 806 800
ADANIENT 2512.2 2560
ADANIGREEN 1290 1300
ADANIPORTS 1288 1260
ALKEM 5708.35 5600
AMBUJACEM 565.6 550
ANGELONE 3079.85 3000
APLAPOLLO 1577 1500
APOLLOHOSP 7160 7100
APOLLOTYRE 522.5 510
ASHOKLEY 233.38 230
ASIANPAINT 2475 2500
ASTRAL 1850.25 1840
ATGL 763.75 760
ATUL 7391 7000
AUBANK 600.4 590
AUROPHARMA 1258 1260
AXISBANK 1161 1150
BAJAJ-AUTO 9226.45 9200
BAJAJFINSV 1616 1600
BAJFINANCE 6687.25 6700
BALKRISIND 2859.8 2600
BANDHANBNK 175.65 175
BANKBARODA 255.21 250
BANKINDIA 117.86 110
BATAINDIA 1434.1 1400
BEL 317 310
BERGEPAINT 482.5 490
BHARATFORG 1364.2 1340
BHARTIARTL 1607.2 1600
BHEL 254.7 255
BIOCON 370.95 370
BOSCHLTD 35040 34000
BPCL 294.85 295
BRITANNIA 4951 4950
BSE 4502.4 4600
BSOFT 604.2 600
CAMS 5165.65 5000
CANBK 106.05 104
CANFINHOME 834.9 830
CDSL 1686 1660
CESC 185.79 180
CGPOWER 763.15 740
CHAMBLFERT 533.55 510
CHOLAFIN 1259.75 1260
CIPLA 1522 1520
COALINDIA 423.45 420
COFORGE 8711 8600
COLPAL 2889.35 2900
CONCOR 843.3 830
COROMANDEL 1796.1 1780
CROMPTON 407.65 410
CUB 183.5 180
CUMMINSIND 3554.9 3500
CYIENT 1938.75 1900
DABUR 524.35 530
DALBHARAT 1935.2 1900
DEEPAKNTR 2674.1 2650
DELHIVERY 342 320
DIVISLAB 6208.8 6200
DIXON 17192.7 16000
DLF 848.05 830
DMART 3872.95 3750
DRREDDY 1222.15 1220
EICHERMOT 4866.2 4850
ESCORTS 3536 3400
EXIDEIND 458.6 450
FEDERALBNK 209.84 210
GAIL 203 200
GLENMARK 1561.2 1540
GMRINFRA 83.75 84
GNFC 640.25 640
GODREJCP 1233.35 1220
GODREJPROP 2822.65 2850
GRANULES 541.5 550
GRASIM 2710.3 2680
GUJGASLTD 498.7 480
HAL 4577 4500
HAVELLS 1755.85 1740
HCLTECH 1897.1 1880
HDFCAMC 4306 4200
HDFCBANK 1834.5 1800
HDFCLIFE 642.7 640
HEROMOTOCO 4721.05 4800
HFCL 131.14 130
HINDALCO 668.45 660
HINDCOPPER 285.85 280
HINDPETRO 385.25 385
HINDUNILVR 2478.5 2500
HUDCO 237.42 230
ICICIBANK 1303.5 1300
ICICIGI 1906 1880
ICICIPRULI 687.5 700
IDEA 8.18 8
IDFCFIRSTB 65.25 65
IEX 180.12 177.5
IGL 361.3 340
INDHOTEL 811.5 800
INDIAMART 2366 2350
INDIANB 583.05 580
INDIGO 4438.6 4400
INDUSINDBK 1001.2 1000
INDUSTOWER 350.45 350
INFY 1900.75 1900
IOC 139.65 140
IPCALAB 1490.4 1520
IRB 55.03 53
IRCTC 835.4 830
IRFC 151.1 147.5
ITC 476.3 475
JINDALSTEL 930.4 920
JIOFIN 341.5 330
JKCEMENT 4610 4500
JSL 721.45 720
JSWENERGY 648.4 650
JSWSTEEL 998.4 990
JUBLFOOD 655.35 650
KALYANKJIL 727.05 720
KEI 4488 4400
KOTAKBANK 1750 1760
KPITTECH 1431.9 1400
LALPATHLAB 2977.4 3000
LAURUSLABS 584.7 570
LICHSGFIN 636.5 640
LICI 974.65 980
LODHA 1293.6 1300
LT 3814 3700
LTF 146.91 145
LTIM 6203.7 6200
LTTS 5362 5300
LUPIN 2084.95 2060
M&M 3036.45 3000
M&MFIN 286.35 285
MANAPPURAM 165.43 160
MARICO 642.4 640
MARUTI 11283 11100
MAXHEALTH 1029.8 1040
MCX 6196.15 6200
METROPOLIS 2075.45 2060
MFSL 1154.35 1140
MGL 1265 1240
MOTHERSON 166.54 165
MPHASIS 3036.15 3000
MRF 126367.3 125000
MUTHOOTFIN 1933.8 1900
NATIONALUM 248.35 245
NAUKRI 8464.75 8300
NAVINFLUOR 3600 3600
NCC 314.35 305
NESTLEIND 2265.95 2260
NHPC 82.67 80
NMDC 235.81 230
NTPC 371 365
NYKAA 173.04 172.5
OBEROIRLTY 2113.3 2000
OFSS 12589.7 12000
OIL 494.1 480
ONGC 263.2 259
PAGEIND 46273.05 45500
PAYTM 905.4 900
PEL 1233.65 1200
PERSISTENT 6042 6000
PETRONET 341 335
PFC 509.95 490
PIDILITIND 3142.4 3000
PIIND 4146.25 4100
PNB 108.27 106
POLICYBZR 1917.65 1900
POLYCAB 7442.95 7200
POONAWALLA 352.9 350
POWERGRID 329.75 330
PRESTIGE 1718.5 1600
PVRINOX 1597.3 1560
RAMCOCEM 1040.95 1020
RBLBANK 165.4 155
RECLTD 552.35 530
RELIANCE 1317.3 1310
SAIL 122.85 120
SBICARD 707.5 700
SBILIFE 1460 1440
SBIN 853 850
SHREECEM 27145.65 27000
SHRIRAMFIN 3130.2 3100
SIEMENS 7935.25 7600
SJVN 117.85 115
SONACOMS 674.45 630
SRF 2317.8 2300
SUNPHARMA 1797.3 1800
SUNTV 777.7 760
SUPREMEIND 4789.4 4600
SYNGENE 936.9 930
TATACHEM 1139.85 1120
TATACOMM 1810.75 1800
TATACONSUM 958.35 960
TATAELXSI 7098 7000
TATAMOTORS 800.3 800
TATAPOWER 430.35 425
TATASTEEL 146.32 147.5
TCS 4315.85 4300
TECHM 1760.25 1740
TIINDIA 3621.8 3100
TITAN 3345.9 3300
TORNTPHARM 3354.75 3400
TRENT 6888 6800
TVSMOTOR 2559.1 2500
UBL 1964 1940
ULTRACEMCO 11824.4 11600
UNIONBANK 127.2 123
UNITDSPR 1539.95 1540
UPL 568 560
VBL 625 620
VEDL 469.6 460
VOLTAS 1697.75 1700
WIPRO 293.7 290
YESBANK 20.97 20
ZOMATO 284.2 270
ZYDUSLIFE 977.75 980

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.