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NIFTY
Nifty

24143.95 2.00 (0.01%)

Max pain for NIFTY

02 Jul 2024 10:48 AM IST

Max Pain for NIFTY is 24100  



Strike  20150  has a total call value of 0  versus a total put value of  32,852,212,125,000 Combined total value = 32,852,212,125,000

Strike  20200  has a total call value of 0  versus a total put value of  32,325,204,750,000 Combined total value = 32,325,204,750,000

Strike  20250  has a total call value of 0  versus a total put value of  31,804,626,000,000 Combined total value = 31,804,626,000,000

Strike  20300  has a total call value of 750,000  versus a total put value of  31,285,570,375,000 Combined total value = 31,285,571,125,000

Strike  20350  has a total call value of 1,500,000  versus a total put value of  30,768,420,375,000 Combined total value = 30,768,421,875,000

Strike  20400  has a total call value of 2,250,000  versus a total put value of  30,251,705,000,000 Combined total value = 30,251,707,250,000

Strike  20450  has a total call value of 3,000,000  versus a total put value of  29,735,494,875,000 Combined total value = 29,735,497,875,000

Strike  20500  has a total call value of 3,750,000  versus a total put value of  29,220,210,125,000 Combined total value = 29,220,213,875,000

Strike  20550  has a total call value of 10,125,000  versus a total put value of  28,711,385,375,000 Combined total value = 28,711,395,500,000

Strike  20600  has a total call value of 16,500,000  versus a total put value of  28,202,704,125,000 Combined total value = 28,202,720,625,000

Strike  20650  has a total call value of 22,875,000  versus a total put value of  27,695,516,250,000 Combined total value = 27,695,539,125,000

Strike  20700  has a total call value of 29,250,000  versus a total put value of  27,188,389,250,000 Combined total value = 27,188,418,500,000

Strike  20750  has a total call value of 35,625,000  versus a total put value of  26,683,449,125,000 Combined total value = 26,683,484,750,000

Strike  20800  has a total call value of 42,000,000  versus a total put value of  26,178,621,750,000 Combined total value = 26,178,663,750,000

Strike  20850  has a total call value of 48,375,000  versus a total put value of  25,675,668,250,000 Combined total value = 25,675,716,625,000

Strike  20900  has a total call value of 54,750,000  versus a total put value of  25,172,781,875,000 Combined total value = 25,172,836,625,000

Strike  20950  has a total call value of 61,125,000  versus a total put value of  24,670,214,250,000 Combined total value = 24,670,275,375,000

Strike  21000  has a total call value of 67,500,000  versus a total put value of  24,167,699,500,000 Combined total value = 24,167,767,000,000

Strike  21050  has a total call value of 132,625,000  versus a total put value of  23,672,563,875,000 Combined total value = 23,672,696,500,000

Strike  21100  has a total call value of 197,750,000  versus a total put value of  23,177,517,875,000 Combined total value = 23,177,715,625,000

Strike  21150  has a total call value of 262,875,000  versus a total put value of  22,682,889,625,000 Combined total value = 22,683,152,500,000

Strike  21200  has a total call value of 328,000,000  versus a total put value of  22,188,413,375,000 Combined total value = 22,188,741,375,000

Strike  21250  has a total call value of 393,125,000  versus a total put value of  21,694,485,375,000 Combined total value = 21,694,878,500,000

Strike  21300  has a total call value of 458,250,000  versus a total put value of  21,200,827,000,000 Combined total value = 21,201,285,250,000

Strike  21350  has a total call value of 523,375,000  versus a total put value of  20,707,546,500,000 Combined total value = 20,708,069,875,000

Strike  21400  has a total call value of 588,500,000  versus a total put value of  20,214,411,000,000 Combined total value = 20,214,999,500,000

Strike  21450  has a total call value of 653,625,000  versus a total put value of  19,721,976,500,000 Combined total value = 19,722,630,125,000

Strike  21500  has a total call value of 718,750,000  versus a total put value of  19,229,753,875,000 Combined total value = 19,230,472,625,000

Strike  21550  has a total call value of 825,250,000  versus a total put value of  18,743,600,125,000 Combined total value = 18,744,425,375,000

Strike  21600  has a total call value of 931,750,000  versus a total put value of  18,257,818,125,000 Combined total value = 18,258,749,875,000

Strike  21650  has a total call value of 1,038,250,000  versus a total put value of  17,773,004,625,000 Combined total value = 17,774,042,875,000

Strike  21700  has a total call value of 1,144,750,000  versus a total put value of  17,288,443,250,000 Combined total value = 17,289,588,000,000

Strike  21750  has a total call value of 1,251,250,000  versus a total put value of  16,805,215,625,000 Combined total value = 16,806,466,875,000

Strike  21800  has a total call value of 1,357,750,000  versus a total put value of  16,322,718,500,000 Combined total value = 16,324,076,250,000

Strike  21850  has a total call value of 1,464,250,000  versus a total put value of  15,842,002,125,000 Combined total value = 15,843,466,375,000

Strike  21900  has a total call value of 1,570,750,000  versus a total put value of  15,362,472,375,000 Combined total value = 15,364,043,125,000

Strike  21950  has a total call value of 1,677,250,000  versus a total put value of  14,883,959,625,000 Combined total value = 14,885,636,875,000

Strike  22000  has a total call value of 1,783,750,000  versus a total put value of  14,406,083,000,000 Combined total value = 14,407,866,750,000

Strike  22050  has a total call value of 2,060,125,000  versus a total put value of  13,936,539,625,000 Combined total value = 13,938,599,750,000

Strike  22100  has a total call value of 2,336,500,000  versus a total put value of  13,467,664,875,000 Combined total value = 13,470,001,375,000

Strike  22150  has a total call value of 2,622,625,000  versus a total put value of  12,999,555,500,000 Combined total value = 13,002,178,125,000

Strike  22200  has a total call value of 2,912,250,000  versus a total put value of  12,531,869,500,000 Combined total value = 12,534,781,750,000

Strike  22250  has a total call value of 3,201,875,000  versus a total put value of  12,066,480,375,000 Combined total value = 12,069,682,250,000

Strike  22300  has a total call value of 3,495,125,000  versus a total put value of  11,601,726,875,000 Combined total value = 11,605,222,000,000

Strike  22350  has a total call value of 3,805,750,000  versus a total put value of  11,139,633,500,000 Combined total value = 11,143,439,250,000

Strike  22400  has a total call value of 4,119,875,000  versus a total put value of  10,677,934,875,000 Combined total value = 10,682,054,750,000

Strike  22450  has a total call value of 4,452,125,000  versus a total put value of  10,218,980,625,000 Combined total value = 10,223,432,750,000

Strike  22500  has a total call value of 4,784,375,000  versus a total put value of  9,760,596,125,000 Combined total value = 9,765,380,500,000

Strike  22550  has a total call value of 5,702,875,000  versus a total put value of  9,315,946,250,000 Combined total value = 9,321,649,125,000

Strike  22600  has a total call value of 6,632,750,000  versus a total put value of  8,873,241,625,000 Combined total value = 8,879,874,375,000

Strike  22650  has a total call value of 7,619,500,000  versus a total put value of  8,439,843,000,000 Combined total value = 8,447,462,500,000

Strike  22700  has a total call value of 8,606,250,000  versus a total put value of  8,008,348,250,000 Combined total value = 8,016,954,500,000

Strike  22750  has a total call value of 9,677,625,000  versus a total put value of  7,580,161,125,000 Combined total value = 7,589,838,750,000

Strike  22800  has a total call value of 10,749,000,000  versus a total put value of  7,155,117,625,000 Combined total value = 7,165,866,625,000

Strike  22850  has a total call value of 12,015,000,000  versus a total put value of  6,741,248,000,000 Combined total value = 6,753,263,000,000

Strike  22900  has a total call value of 13,291,125,000  versus a total put value of  6,329,334,625,000 Combined total value = 6,342,625,750,000

Strike  22950  has a total call value of 14,723,875,000  versus a total put value of  5,923,578,500,000 Combined total value = 5,938,302,375,000

Strike  23000  has a total call value of 16,156,625,000  versus a total put value of  5,520,074,625,000 Combined total value = 5,536,231,250,000

Strike  23050  has a total call value of 19,579,500,000  versus a total put value of  5,150,544,750,000 Combined total value = 5,170,124,250,000

Strike  23100  has a total call value of 23,002,375,000  versus a total put value of  4,783,051,625,000 Combined total value = 4,806,054,000,000

Strike  23150  has a total call value of 26,685,750,000  versus a total put value of  4,423,486,000,000 Combined total value = 4,450,171,750,000

Strike  23200  has a total call value of 30,406,375,000  versus a total put value of  4,066,344,375,000 Combined total value = 4,096,750,750,000

Strike  23250  has a total call value of 34,606,625,000  versus a total put value of  3,725,430,000,000 Combined total value = 3,760,036,625,000

Strike  23300  has a total call value of 38,843,875,000  versus a total put value of  3,390,430,875,000 Combined total value = 3,429,274,750,000

Strike  23350  has a total call value of 43,793,375,000  versus a total put value of  3,072,932,875,000 Combined total value = 3,116,726,250,000

Strike  23400  has a total call value of 48,824,750,000  versus a total put value of  2,761,826,500,000 Combined total value = 2,810,651,250,000

Strike  23450  has a total call value of 54,747,000,000  versus a total put value of  2,466,989,000,000 Combined total value = 2,521,736,000,000

Strike  23500  has a total call value of 60,841,375,000  versus a total put value of  2,180,284,875,000 Combined total value = 2,241,126,250,000

Strike  23550  has a total call value of 69,668,875,000  versus a total put value of  1,925,203,000,000 Combined total value = 1,994,871,875,000

Strike  23600  has a total call value of 78,778,750,000  versus a total put value of  1,674,990,750,000 Combined total value = 1,753,769,500,000

Strike  23650  has a total call value of 89,560,375,000  versus a total put value of  1,447,093,875,000 Combined total value = 1,536,654,250,000

Strike  23700  has a total call value of 100,694,125,000  versus a total put value of  1,228,698,250,000 Combined total value = 1,329,392,375,000

Strike  23750  has a total call value of 114,446,875,000  versus a total put value of  1,028,825,125,000 Combined total value = 1,143,272,000,000

Strike  23800  has a total call value of 128,694,500,000  versus a total put value of  837,255,250,000 Combined total value = 965,949,750,000

Strike  23850  has a total call value of 146,759,500,000  versus a total put value of  671,976,875,000 Combined total value = 818,736,375,000

Strike  23900  has a total call value of 166,029,125,000  versus a total put value of  515,737,875,000 Combined total value = 681,767,000,000

Strike  23950  has a total call value of 190,980,625,000  versus a total put value of  381,091,750,000 Combined total value = 572,072,375,000

Strike  24000  has a total call value of 218,542,250,000  versus a total put value of  257,194,125,000 Combined total value = 475,736,375,000

Strike  24050  has a total call value of 265,755,625,000  versus a total put value of  177,539,125,000 Combined total value = 443,294,750,000

Strike  24100  has a total call value of 318,618,250,000  versus a total put value of  109,746,875,000 Combined total value = 428,365,125,000

Strike  24150  has a total call value of 395,190,875,000  versus a total put value of  68,664,625,000 Combined total value = 463,855,500,000

Strike  24200  has a total call value of 494,288,000,000  versus a total put value of  42,966,625,000 Combined total value = 537,254,625,000

Strike  24250  has a total call value of 628,829,500,000  versus a total put value of  30,902,375,000 Combined total value = 659,731,875,000

Strike  24300  has a total call value of 776,380,000,000  versus a total put value of  21,544,375,000 Combined total value = 797,924,375,000

Strike  24350  has a total call value of 950,195,250,000  versus a total put value of  16,424,625,000 Combined total value = 966,619,875,000

Strike  24400  has a total call value of 1,136,899,125,000  versus a total put value of  11,998,875,000 Combined total value = 1,148,898,000,000

Strike  24450  has a total call value of 1,344,429,625,000  versus a total put value of  8,794,125,000 Combined total value = 1,353,223,750,000

Strike  24500  has a total call value of 1,563,129,875,000  versus a total put value of  5,744,500,000 Combined total value = 1,568,874,375,000

Strike  24550  has a total call value of 1,819,072,125,000  versus a total put value of  4,787,875,000 Combined total value = 1,823,860,000,000

Strike  24600  has a total call value of 2,087,775,375,000  versus a total put value of  3,933,250,000 Combined total value = 2,091,708,625,000

Strike  24650  has a total call value of 2,381,658,250,000  versus a total put value of  3,281,250,000 Combined total value = 2,384,939,500,000

Strike  24700  has a total call value of 2,688,627,125,000  versus a total put value of  2,678,625,000 Combined total value = 2,691,305,750,000

Strike  24750  has a total call value of 3,022,839,750,000  versus a total put value of  2,123,750,000 Combined total value = 3,024,963,500,000

Strike  24800  has a total call value of 3,367,179,500,000  versus a total put value of  1,574,125,000 Combined total value = 3,368,753,625,000

Strike  24850  has a total call value of 3,733,587,625,000  versus a total put value of  1,334,875,000 Combined total value = 3,734,922,500,000

Strike  24900  has a total call value of 4,107,439,500,000  versus a total put value of  1,107,125,000 Combined total value = 4,108,546,625,000

Strike  24950  has a total call value of 4,494,910,500,000  versus a total put value of  887,000,000 Combined total value = 4,495,797,500,000

Strike  25000  has a total call value of 4,887,459,875,000  versus a total put value of  666,875,000 Combined total value = 4,888,126,750,000

Strike  25050  has a total call value of 5,343,156,625,000  versus a total put value of  583,000,000 Combined total value = 5,343,739,625,000

Strike  25100  has a total call value of 5,801,988,125,000  versus a total put value of  503,500,000 Combined total value = 5,802,491,625,000

Strike  25150  has a total call value of 6,270,451,500,000  versus a total put value of  428,375,000 Combined total value = 6,270,879,875,000

Strike  25200  has a total call value of 6,740,454,625,000  versus a total put value of  358,250,000 Combined total value = 6,740,812,875,000

Strike  25250  has a total call value of 7,219,097,875,000  versus a total put value of  295,875,000 Combined total value = 7,219,393,750,000

Strike  25300  has a total call value of 7,698,923,875,000  versus a total put value of  233,500,000 Combined total value = 7,699,157,375,000

Strike  25350  has a total call value of 8,185,606,250,000  versus a total put value of  175,250,000 Combined total value = 8,185,781,500,000

Strike  25400  has a total call value of 8,673,569,125,000  versus a total put value of  117,000,000 Combined total value = 8,673,686,125,000

Strike  25450  has a total call value of 9,166,325,750,000  versus a total put value of  58,875,000 Combined total value = 9,166,384,625,000

Strike  25500  has a total call value of 9,660,978,000,000  versus a total put value of  750,000 Combined total value = 9,660,978,750,000

Strike  25550  has a total call value of 10,174,567,750,000  versus a total put value of  375,000 Combined total value = 10,174,568,125,000

Strike  25600  has a total call value of 10,690,457,875,000  versus a total put value of  0 Combined total value = 10,690,457,875,000

Strike  25650  has a total call value of 11,217,326,500,000  versus a total put value of  0 Combined total value = 11,217,326,500,000

Strike  25700  has a total call value of 11,746,644,125,000  versus a total put value of  0 Combined total value = 11,746,644,125,000

Strike  25750  has a total call value of 12,277,801,000,000  versus a total put value of  0 Combined total value = 12,277,801,000,000

Strike  25800  has a total call value of 12,810,211,875,000  versus a total put value of  0 Combined total value = 12,810,211,875,000

Strike  25850  has a total call value of 13,347,685,500,000  versus a total put value of  0 Combined total value = 13,347,685,500,000

Strike  25900  has a total call value of 13,885,306,375,000  versus a total put value of  0 Combined total value = 13,885,306,375,000

All Max-Pain Table

Max Pain - Choose a symbol



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.