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NIFTY
Nifty

24125.55 273.90 (1.15%)

Max pain for NIFTY

21 Apr 2025 04:11 PM IST

Max Pain for NIFTY is 23900  



Strike  20350  has a total call value of 0  versus a total put value of  43,889,192,625,000 Combined total value = 43,889,192,625,000

Strike  20400  has a total call value of 156,750,000  versus a total put value of  43,046,691,750,000 Combined total value = 43,046,848,500,000

Strike  20450  has a total call value of 410,625,000  versus a total put value of  42,217,500,750,000 Combined total value = 42,217,911,375,000

Strike  20500  has a total call value of 781,875,000  versus a total put value of  41,390,655,750,000 Combined total value = 41,391,437,625,000

Strike  20550  has a total call value of 3,755,250,000  versus a total put value of  40,583,517,375,000 Combined total value = 40,587,272,625,000

Strike  20600  has a total call value of 6,728,625,000  versus a total put value of  39,776,917,875,000 Combined total value = 39,783,646,500,000

Strike  20650  has a total call value of 9,760,125,000  versus a total put value of  38,971,112,250,000 Combined total value = 38,980,872,375,000

Strike  20700  has a total call value of 12,791,625,000  versus a total put value of  38,165,591,250,000 Combined total value = 38,178,382,875,000

Strike  20750  has a total call value of 15,825,750,000  versus a total put value of  37,361,775,000,000 Combined total value = 37,377,600,750,000

Strike  20800  has a total call value of 18,859,875,000  versus a total put value of  36,558,240,375,000 Combined total value = 36,577,100,250,000

Strike  20850  has a total call value of 21,971,250,000  versus a total put value of  35,758,584,375,000 Combined total value = 35,780,555,625,000

Strike  20900  has a total call value of 25,082,625,000  versus a total put value of  34,959,474,750,000 Combined total value = 34,984,557,375,000

Strike  20950  has a total call value of 28,194,000,000  versus a total put value of  34,161,546,375,000 Combined total value = 34,189,740,375,000

Strike  21000  has a total call value of 31,305,375,000  versus a total put value of  33,363,963,000,000 Combined total value = 33,395,268,375,000

Strike  21050  has a total call value of 38,638,875,000  versus a total put value of  32,599,583,250,000 Combined total value = 32,638,222,125,000

Strike  21100  has a total call value of 45,972,375,000  versus a total put value of  31,835,412,375,000 Combined total value = 31,881,384,750,000

Strike  21150  has a total call value of 53,305,875,000  versus a total put value of  31,072,515,000,000 Combined total value = 31,125,820,875,000

Strike  21200  has a total call value of 60,639,375,000  versus a total put value of  30,309,930,375,000 Combined total value = 30,370,569,750,000

Strike  21250  has a total call value of 68,022,750,000  versus a total put value of  29,549,753,625,000 Combined total value = 29,617,776,375,000

Strike  21300  has a total call value of 75,406,125,000  versus a total put value of  28,790,198,625,000 Combined total value = 28,865,604,750,000

Strike  21350  has a total call value of 82,789,500,000  versus a total put value of  28,032,705,000,000 Combined total value = 28,115,494,500,000

Strike  21400  has a total call value of 90,172,875,000  versus a total put value of  27,275,614,875,000 Combined total value = 27,365,787,750,000

Strike  21450  has a total call value of 97,668,750,000  versus a total put value of  26,522,346,000,000 Combined total value = 26,620,014,750,000

Strike  21500  has a total call value of 105,164,625,000  versus a total put value of  25,769,372,250,000 Combined total value = 25,874,536,875,000

Strike  21550  has a total call value of 114,000,375,000  versus a total put value of  25,036,308,000,000 Combined total value = 25,150,308,375,000

Strike  21600  has a total call value of 122,836,125,000  versus a total put value of  24,304,031,625,000 Combined total value = 24,426,867,750,000

Strike  21650  has a total call value of 131,873,625,000  versus a total put value of  23,574,063,000,000 Combined total value = 23,705,936,625,000

Strike  21700  has a total call value of 140,911,125,000  versus a total put value of  22,844,751,750,000 Combined total value = 22,985,662,875,000

Strike  21750  has a total call value of 150,056,250,000  versus a total put value of  22,120,329,750,000 Combined total value = 22,270,386,000,000

Strike  21800  has a total call value of 159,272,625,000  versus a total put value of  21,396,914,625,000 Combined total value = 21,556,187,250,000

Strike  21850  has a total call value of 168,985,500,000  versus a total put value of  20,680,269,000,000 Combined total value = 20,849,254,500,000

Strike  21900  has a total call value of 178,749,375,000  versus a total put value of  19,965,160,875,000 Combined total value = 20,143,910,250,000

Strike  21950  has a total call value of 189,143,625,000  versus a total put value of  19,255,266,750,000 Combined total value = 19,444,410,375,000

Strike  22000  has a total call value of 199,727,250,000  versus a total put value of  18,546,244,500,000 Combined total value = 18,745,971,750,000

Strike  22050  has a total call value of 219,996,750,000  versus a total put value of  17,873,704,125,000 Combined total value = 18,093,700,875,000

Strike  22100  has a total call value of 240,463,875,000  versus a total put value of  17,202,081,000,000 Combined total value = 17,442,544,875,000

Strike  22150  has a total call value of 263,338,125,000  versus a total put value of  16,536,925,125,000 Combined total value = 16,800,263,250,000

Strike  22200  has a total call value of 286,299,375,000  versus a total put value of  15,872,750,250,000 Combined total value = 16,159,049,625,000

Strike  22250  has a total call value of 310,267,875,000  versus a total put value of  15,223,626,000,000 Combined total value = 15,533,893,875,000

Strike  22300  has a total call value of 334,351,500,000  versus a total put value of  14,575,797,375,000 Combined total value = 14,910,148,875,000

Strike  22350  has a total call value of 359,124,750,000  versus a total put value of  13,935,422,250,000 Combined total value = 14,294,547,000,000

Strike  22400  has a total call value of 384,109,125,000  versus a total put value of  13,296,511,125,000 Combined total value = 13,680,620,250,000

Strike  22450  has a total call value of 411,891,750,000  versus a total put value of  12,668,962,875,000 Combined total value = 13,080,854,625,000

Strike  22500  has a total call value of 440,155,500,000  versus a total put value of  12,043,725,375,000 Combined total value = 12,483,880,875,000

Strike  22550  has a total call value of 476,661,375,000  versus a total put value of  11,455,218,375,000 Combined total value = 11,931,879,750,000

Strike  22600  has a total call value of 513,460,875,000  versus a total put value of  10,869,472,875,000 Combined total value = 11,382,933,750,000

Strike  22650  has a total call value of 552,734,625,000  versus a total put value of  10,296,133,500,000 Combined total value = 10,848,868,125,000

Strike  22700  has a total call value of 592,263,750,000  versus a total put value of  9,726,180,375,000 Combined total value = 10,318,444,125,000

Strike  22750  has a total call value of 634,487,250,000  versus a total put value of  9,171,626,250,000 Combined total value = 9,806,113,500,000

Strike  22800  has a total call value of 676,927,125,000  versus a total put value of  8,621,067,000,000 Combined total value = 9,297,994,125,000

Strike  22850  has a total call value of 721,442,250,000  versus a total put value of  8,087,511,750,000 Combined total value = 8,808,954,000,000

Strike  22900  has a total call value of 766,297,875,000  versus a total put value of  7,558,073,250,000 Combined total value = 8,324,371,125,000

Strike  22950  has a total call value of 813,742,125,000  versus a total put value of  7,045,045,125,000 Combined total value = 7,858,787,250,000

Strike  23000  has a total call value of 861,577,125,000  versus a total put value of  6,536,305,875,000 Combined total value = 7,397,883,000,000

Strike  23050  has a total call value of 917,833,500,000  versus a total put value of  6,080,470,125,000 Combined total value = 6,998,303,625,000

Strike  23100  has a total call value of 974,754,375,000  versus a total put value of  5,631,127,125,000 Combined total value = 6,605,881,500,000

Strike  23150  has a total call value of 1,033,575,375,000  versus a total put value of  5,197,707,750,000 Combined total value = 6,231,283,125,000

Strike  23200  has a total call value of 1,092,885,750,000  versus a total put value of  4,770,768,750,000 Combined total value = 5,863,654,500,000

Strike  23250  has a total call value of 1,155,791,625,000  versus a total put value of  4,361,632,500,000 Combined total value = 5,517,424,125,000

Strike  23300  has a total call value of 1,219,274,625,000  versus a total put value of  3,958,398,000,000 Combined total value = 5,177,672,625,000

Strike  23350  has a total call value of 1,292,581,500,000  versus a total put value of  3,583,201,125,000 Combined total value = 4,875,782,625,000

Strike  23400  has a total call value of 1,367,943,375,000  versus a total put value of  3,214,484,250,000 Combined total value = 4,582,427,625,000

Strike  23450  has a total call value of 1,454,094,375,000  versus a total put value of  2,879,073,750,000 Combined total value = 4,333,168,125,000

Strike  23500  has a total call value of 1,540,993,875,000  versus a total put value of  2,549,715,375,000 Combined total value = 4,090,709,250,000

Strike  23550  has a total call value of 1,649,449,125,000  versus a total put value of  2,266,425,000,000 Combined total value = 3,915,874,125,000

Strike  23600  has a total call value of 1,758,481,125,000  versus a total put value of  1,991,978,250,000 Combined total value = 3,750,459,375,000

Strike  23650  has a total call value of 1,873,031,250,000  versus a total put value of  1,737,524,250,000 Combined total value = 3,610,555,500,000

Strike  23700  has a total call value of 1,988,907,750,000  versus a total put value of  1,490,490,000,000 Combined total value = 3,479,397,750,000

Strike  23750  has a total call value of 2,110,974,750,000  versus a total put value of  1,272,476,625,000 Combined total value = 3,383,451,375,000

Strike  23800  has a total call value of 2,234,523,375,000  versus a total put value of  1,064,099,250,000 Combined total value = 3,298,622,625,000

Strike  23850  has a total call value of 2,372,088,000,000  versus a total put value of  887,539,500,000 Combined total value = 3,259,627,500,000

Strike  23900  has a total call value of 2,512,246,875,000  versus a total put value of  720,923,250,000 Combined total value = 3,233,170,125,000

Strike  23950  has a total call value of 2,662,635,750,000  versus a total put value of  577,999,500,000 Combined total value = 3,240,635,250,000

Strike  24000  has a total call value of 2,817,139,125,000  versus a total put value of  447,300,375,000 Combined total value = 3,264,439,500,000

Strike  24050  has a total call value of 3,000,581,625,000  versus a total put value of  364,612,875,000 Combined total value = 3,365,194,500,000

Strike  24100  has a total call value of 3,190,981,125,000  versus a total put value of  292,562,625,000 Combined total value = 3,483,543,750,000

Strike  24150  has a total call value of 3,403,849,125,000  versus a total put value of  246,763,875,000 Combined total value = 3,650,613,000,000

Strike  24200  has a total call value of 3,636,870,000,000  versus a total put value of  214,904,625,000 Combined total value = 3,851,774,625,000

Strike  24250  has a total call value of 3,909,007,875,000  versus a total put value of  195,441,000,000 Combined total value = 4,104,448,875,000

Strike  24300  has a total call value of 4,193,183,625,000  versus a total put value of  177,895,500,000 Combined total value = 4,371,079,125,000

Strike  24350  has a total call value of 4,507,531,125,000  versus a total put value of  164,116,875,000 Combined total value = 4,671,648,000,000

Strike  24400  has a total call value of 4,831,181,250,000  versus a total put value of  150,969,000,000 Combined total value = 4,982,150,250,000

Strike  24450  has a total call value of 5,175,255,000,000  versus a total put value of  138,838,125,000 Combined total value = 5,314,093,125,000

Strike  24500  has a total call value of 5,526,141,000,000  versus a total put value of  126,822,375,000 Combined total value = 5,652,963,375,000

Strike  24550  has a total call value of 5,919,742,875,000  versus a total put value of  118,046,625,000 Combined total value = 6,037,789,500,000

Strike  24600  has a total call value of 6,320,785,500,000  versus a total put value of  109,317,750,000 Combined total value = 6,430,103,250,000

Strike  24650  has a total call value of 6,736,141,500,000  versus a total put value of  100,742,625,000 Combined total value = 6,836,884,125,000

Strike  24700  has a total call value of 7,159,821,375,000  versus a total put value of  92,181,375,000 Combined total value = 7,252,002,750,000

Strike  24750  has a total call value of 7,600,619,625,000  versus a total put value of  83,758,125,000 Combined total value = 7,684,377,750,000

Strike  24800  has a total call value of 8,048,442,750,000  versus a total put value of  75,346,125,000 Combined total value = 8,123,788,875,000

Strike  24850  has a total call value of 8,511,993,000,000  versus a total put value of  67,044,750,000 Combined total value = 8,579,037,750,000

Strike  24900  has a total call value of 8,983,024,875,000  versus a total put value of  58,749,375,000 Combined total value = 9,041,774,250,000

Strike  24950  has a total call value of 9,466,254,375,000  versus a total put value of  50,497,125,000 Combined total value = 9,516,751,500,000

Strike  25000  has a total call value of 9,953,660,250,000  versus a total put value of  42,251,250,000 Combined total value = 9,995,911,500,000

Strike  25050  has a total call value of 10,495,759,500,000  versus a total put value of  37,831,875,000 Combined total value = 10,533,591,375,000

Strike  25100  has a total call value of 11,041,510,875,000  versus a total put value of  33,412,500,000 Combined total value = 11,074,923,375,000

Strike  25150  has a total call value of 11,602,412,625,000  versus a total put value of  29,140,125,000 Combined total value = 11,631,552,750,000

Strike  25200  has a total call value of 12,166,394,625,000  versus a total put value of  24,875,250,000 Combined total value = 12,191,269,875,000

Strike  25250  has a total call value of 12,740,846,250,000  versus a total put value of  20,701,875,000 Combined total value = 12,761,548,125,000

Strike  25300  has a total call value of 13,318,375,125,000  versus a total put value of  16,528,500,000 Combined total value = 13,334,903,625,000

Strike  25350  has a total call value of 13,909,673,250,000  versus a total put value of  12,382,500,000 Combined total value = 13,922,055,750,000

Strike  25400  has a total call value of 14,504,615,250,000  versus a total put value of  8,240,625,000 Combined total value = 14,512,855,875,000

Strike  25450  has a total call value of 15,113,981,250,000  versus a total put value of  4,114,875,000 Combined total value = 15,118,096,125,000

Strike  25500  has a total call value of 15,731,180,625,000  versus a total put value of  750,000 Combined total value = 15,731,181,375,000

Strike  25550  has a total call value of 16,445,221,500,000  versus a total put value of  375,000 Combined total value = 16,445,221,875,000

Strike  25600  has a total call value of 17,168,391,000,000  versus a total put value of  0 Combined total value = 17,168,391,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 421.65 400
ABB 5629 5500
ABCAPITAL 202.49 190
ABFRL 269.15 265
ACC 2088.4 2060
ADANIENSOL 937.5 880
ADANIENT 2442.7 2400
ADANIGREEN 956.25 940
ADANIPORTS 1243.1 1200
ALKEM 5000.4 4900
AMBUJACEM 578.9 570
ANGELONE 2463.3 2300
APLAPOLLO 1599.5 1540
APOLLOHOSP 7142.5 6700
APOLLOTYRE 460.8 440
ASHOKLEY 222.06 210
ASIANPAINT 2445 2400
ASTRAL 1336.7 1300
ATGL 624.25 600
AUBANK 623.6 575
AUROPHARMA 1201.2 1160
AXISBANK 1223 1130
BAJAJ-AUTO 8247.5 8000
BAJAJFINSV 2103.5 1980
BAJFINANCE 9273.5 9000
BALKRISIND 2526.7 2480
BANDHANBNK 167.94 155
BANKBARODA 249.42 237.5
BANKINDIA 119.87 115
BEL 299.95 290
BERGEPAINT 553.35 530
BHARATFORG 1094.2 1060
BHARTIARTL 1883.4 1780
BHEL 227.19 220
BIOCON 331.9 330
BOSCHLTD 27800 27000
BPCL 304.05 290
BRITANNIA 5393.2 5200
BSE 6285 5800
BSOFT 388.2 390
CAMS 4000.8 3800
CANBK 99 95
CDSL 1306.8 1220
CESC 161.98 155
CGPOWER 650.6 600
CHAMBLFERT 690.1 650
CHOLAFIN 1659.8 1560
CIPLA 1511.1 1480
COALINDIA 400.5 400
COFORGE 6938 6800
COLPAL 2544 2500
CONCOR 711.55 700
CROMPTON 339.45 340
CUMMINSIND 2914.6 2950
CYIENT 1241 1220
DABUR 475.55 480
DALBHARAT 1922.5 1840
DEEPAKNTR 2019.7 1950
DELHIVERY 292 265
DIVISLAB 5891.5 5750
DIXON 15816 14750
DLF 675.9 670
DMART 4342.3 4100
DRREDDY 1177.4 1150
EICHERMOT 5810.5 5500
ESCORTS 3369.2 3250
ETERNAL 234.24 220
EXIDEIND 383.9 375
FEDERALBNK 202.04 195
GAIL 195.32 190
GLENMARK 1368.8 1400
GMRAIRPORT 86.75 82
GODREJCP 1213.4 1200
GODREJPROP 2044.7 2050
GOLDM 96887 94000
GRANULES 480.2 480
GRASIM 2756.9 2620
HAL 4309.1 4250
HAVELLS 1647.2 1600
HCLTECH 1482 1460
HDFCAMC 4459.8 4200
HDFCBANK 1927.1 1840
HDFCLIFE 712.2 700
HEROMOTOCO 3917 3800
HFCL 85.89 82.5
HINDALCO 622 620
HINDCOPPER 220.39 220
HINDPETRO 394.85 375
HINDUNILVR 2351 2300
HINDZINC 452.45 440
HUDCO 234.45 220
ICICIBANK 1409.8 1350
ICICIGI 1841.1 1800
ICICIPRULI 602.9 580
IDEA 8.07 8
IDFCFIRSTB 66.64 62
IEX 189.97 182.5
IGL 182.57 180
IIFL 347.35 335
INDHOTEL 836.05 820
INDIANB 577.55 550
INDIGO 5496.5 5200
INDUSINDBK 828.2 750
INDUSTOWER 407.5 375
INFY 1451 1480
INOXWIND 167.46 160
IOC 138.68 135
IRB 48.06 46
IRCTC 774.65 750
IREDA 175.67 160
IRFC 131.43 125
ITC 422.85 410
JINDALSTEL 906.4 890
JIOFIN 246.38 237.5
JSL 569.35 560
JSWENERGY 521.35 520
JSWSTEEL 1034 1010
JUBLFOOD 695.75 680
KALYANKJIL 529.15 510
KEI 2896.1 2800
KOTAKBANK 2241.4 2140
KPITTECH 1166.1 1160
LAURUSLABS 640.35 610
LICHSGFIN 606.35 580
LICI 817.5 800
LODHA 1293.4 1200
LT 3280.5 3300
LTF 171.26 157.5
LTIM 4297.4 4300
LUPIN 2009.2 2000
M&M 2764 2700
M&MFIN 275.8 270
MANAPPURAM 233.34 230
MARICO 695.15 690
MARUTI 11745 11600
MAXHEALTH 1073 1100
MCX 5942 5500
MFSL 1237.4 1200
MGL 1293.7 1300
MOTHERSON 132.56 130
MPHASIS 2380.7 2300
MRF 126800 122000
MUTHOOTFIN 2203.6 2140
NATIONALUM 161.41 165
NAUKRI 6939 6700
NBCC 99.98 92
NCC 223.44 215
NESTLEIND 2399.4 2300
NHPC 87.71 85
NMDC 67.83 67
NTPC 364.55 360
NYKAA 192.15 180
OBEROIRLTY 1656.2 1600
OFSS 8132.5 7900
OIL 395.85 380
ONGC 249.78 242.5
PAGEIND 45470 44000
PATANJALI 1973.4 1920
PAYTM 878.15 840
PEL 1039.85 1000
PERSISTENT 4900.5 4800
PETRONET 313.6 300
PFC 436.25 430
PHOENIXLTD 1609.4 1550
PIDILITIND 3019.3 2940
PIIND 3683.9 3550
PNB 102.3 100
PNBHOUSING 1006.75 960
POLICYBZR 1685.7 1600
POLYCAB 5412.5 5200
POONAWALLA 396.65 360
POWERGRID 320 300
PRESTIGE 1268.6 1200
RAMCOCEM 982 930
RBLBANK 192.03 182.5
RECLTD 442.6 430
RELIANCE 1295.5 1260
SAIL 115.99 115
SBICARD 909.65 870
SBILIFE 1628.5 1560
SBIN 816.7 790
SHREECEM 31155 30500
SHRIRAMFIN 703 680
SIEMENS 2827 2800
SILVER 95275 95000
SJVN 95.87 93
SOLARINDS 12475 12000
SONACOMS 455.6 440
SRF 3029.3 2900
SUNPHARMA 1744.9 1720
SUPREMEIND 3514.8 3400
SYNGENE 724.6 720
TATACHEM 853.65 860
TATACOMM 1573.8 1580
TATACONSUM 1121 1070
TATAELXSI 5342 5200
TATAMOTORS 630.05 630
TATAPOWER 390.85 390
TATASTEEL 139.18 140
TATATECH 683.95 650
TCS 3321.6 3350
TECHM 1373.5 1360
TIINDIA 2593.3 2600
TITAGARH 790.65 780
TITAN 3336.1 3200
TORNTPHARM 3254.6 3200
TORNTPOWER 1592.5 1540
TRENT 5360 5200
TVSMOTOR 2735.6 2600
ULTRACEMCO 11934 11600
UNIONBANK 128.64 126
UNITDSPR 1516.7 1440
UPL 671.15 640
VBL 546.8 540
VEDL 411.95 420
VOLTAS 1318 1320
WIPRO 238.45 240
YESBANK 18.82 17
ZOMATO 0 80
ZYDUSLIFE 845.35 860

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.