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NIFTY
Nifty

24343.6 57.10 (0.24%)

Max pain for NIFTY

04 Jul 2024 12:28 PM IST

Max Pain for NIFTY is 24000  



Strike  20150  has a total call value of 0  versus a total put value of  11,772,061,375,000 Combined total value = 11,772,061,375,000

Strike  20200  has a total call value of 65,625,000  versus a total put value of  11,579,346,250,000 Combined total value = 11,579,411,875,000

Strike  20250  has a total call value of 400,625,000  versus a total put value of  11,387,583,625,000 Combined total value = 11,387,984,250,000

Strike  20300  has a total call value of 762,875,000  versus a total put value of  11,195,821,000,000 Combined total value = 11,196,583,875,000

Strike  20350  has a total call value of 1,125,125,000  versus a total put value of  11,004,088,625,000 Combined total value = 11,005,213,750,000

Strike  20400  has a total call value of 1,487,375,000  versus a total put value of  10,812,363,000,000 Combined total value = 10,813,850,375,000

Strike  20450  has a total call value of 1,849,625,000  versus a total put value of  10,620,663,250,000 Combined total value = 10,622,512,875,000

Strike  20500  has a total call value of 2,211,875,000  versus a total put value of  10,428,982,750,000 Combined total value = 10,431,194,625,000

Strike  20550  has a total call value of 4,169,375,000  versus a total put value of  10,239,285,125,000 Combined total value = 10,243,454,500,000

Strike  20600  has a total call value of 6,126,875,000  versus a total put value of  10,049,594,625,000 Combined total value = 10,055,721,500,000

Strike  20650  has a total call value of 8,084,375,000  versus a total put value of  9,859,926,750,000 Combined total value = 9,868,011,125,000

Strike  20700  has a total call value of 10,041,875,000  versus a total put value of  9,670,258,875,000 Combined total value = 9,680,300,750,000

Strike  20750  has a total call value of 11,999,375,000  versus a total put value of  9,480,635,750,000 Combined total value = 9,492,635,125,000

Strike  20800  has a total call value of 13,956,875,000  versus a total put value of  9,291,032,250,000 Combined total value = 9,304,989,125,000

Strike  20850  has a total call value of 15,956,500,000  versus a total put value of  9,102,871,250,000 Combined total value = 9,118,827,750,000

Strike  20900  has a total call value of 17,956,125,000  versus a total put value of  8,914,710,250,000 Combined total value = 8,932,666,375,000

Strike  20950  has a total call value of 19,955,750,000  versus a total put value of  8,727,033,625,000 Combined total value = 8,746,989,375,000

Strike  21000  has a total call value of 21,955,375,000  versus a total put value of  8,539,357,000,000 Combined total value = 8,561,312,375,000

Strike  21050  has a total call value of 27,212,000,000  versus a total put value of  8,361,492,125,000 Combined total value = 8,388,704,125,000

Strike  21100  has a total call value of 32,468,625,000  versus a total put value of  8,183,664,875,000 Combined total value = 8,216,133,500,000

Strike  21150  has a total call value of 37,752,125,000  versus a total put value of  8,005,932,750,000 Combined total value = 8,043,684,875,000

Strike  21200  has a total call value of 43,035,625,000  versus a total put value of  7,828,223,375,000 Combined total value = 7,871,259,000,000

Strike  21250  has a total call value of 48,357,125,000  versus a total put value of  7,650,772,750,000 Combined total value = 7,699,129,875,000

Strike  21300  has a total call value of 53,678,625,000  versus a total put value of  7,473,346,750,000 Combined total value = 7,527,025,375,000

Strike  21350  has a total call value of 59,028,500,000  versus a total put value of  7,296,142,750,000 Combined total value = 7,355,171,250,000

Strike  21400  has a total call value of 64,378,375,000  versus a total put value of  7,119,000,250,000 Combined total value = 7,183,378,625,000

Strike  21450  has a total call value of 69,728,250,000  versus a total put value of  6,942,056,625,000 Combined total value = 7,011,784,875,000

Strike  21500  has a total call value of 75,078,125,000  versus a total put value of  6,765,130,875,000 Combined total value = 6,840,209,000,000

Strike  21550  has a total call value of 80,859,500,000  versus a total put value of  6,593,816,625,000 Combined total value = 6,674,676,125,000

Strike  21600  has a total call value of 86,640,875,000  versus a total put value of  6,422,521,625,000 Combined total value = 6,509,162,500,000

Strike  21650  has a total call value of 92,422,250,000  versus a total put value of  6,251,435,125,000 Combined total value = 6,343,857,375,000

Strike  21700  has a total call value of 98,203,625,000  versus a total put value of  6,080,348,625,000 Combined total value = 6,178,552,250,000

Strike  21750  has a total call value of 103,985,000,000  versus a total put value of  5,909,634,375,000 Combined total value = 6,013,619,375,000

Strike  21800  has a total call value of 109,766,375,000  versus a total put value of  5,738,946,000,000 Combined total value = 5,848,712,375,000

Strike  21850  has a total call value of 115,569,750,000  versus a total put value of  5,568,953,500,000 Combined total value = 5,684,523,250,000

Strike  21900  has a total call value of 121,373,125,000  versus a total put value of  5,398,977,250,000 Combined total value = 5,520,350,375,000

Strike  21950  has a total call value of 127,200,125,000  versus a total put value of  5,229,612,000,000 Combined total value = 5,356,812,125,000

Strike  22000  has a total call value of 133,027,125,000  versus a total put value of  5,060,335,875,000 Combined total value = 5,193,363,000,000

Strike  22050  has a total call value of 142,331,875,000  versus a total put value of  4,902,781,250,000 Combined total value = 5,045,113,125,000

Strike  22100  has a total call value of 151,636,625,000  versus a total put value of  4,745,251,750,000 Combined total value = 4,896,888,375,000

Strike  22150  has a total call value of 161,018,000,000  versus a total put value of  4,588,625,375,000 Combined total value = 4,749,643,375,000

Strike  22200  has a total call value of 170,399,375,000  versus a total put value of  4,432,083,875,000 Combined total value = 4,602,483,250,000

Strike  22250  has a total call value of 179,834,375,000  versus a total put value of  4,276,627,375,000 Combined total value = 4,456,461,750,000

Strike  22300  has a total call value of 189,269,375,000  versus a total put value of  4,121,248,875,000 Combined total value = 4,310,518,250,000

Strike  22350  has a total call value of 198,809,625,000  versus a total put value of  3,966,827,125,000 Combined total value = 4,165,636,750,000

Strike  22400  has a total call value of 208,349,875,000  versus a total put value of  3,812,405,375,000 Combined total value = 4,020,755,250,000

Strike  22450  has a total call value of 217,993,875,000  versus a total put value of  3,658,790,375,000 Combined total value = 3,876,784,250,000

Strike  22500  has a total call value of 227,637,875,000  versus a total put value of  3,505,227,375,000 Combined total value = 3,732,865,250,000

Strike  22550  has a total call value of 238,941,625,000  versus a total put value of  3,359,969,375,000 Combined total value = 3,598,911,000,000

Strike  22600  has a total call value of 250,245,375,000  versus a total put value of  3,214,868,250,000 Combined total value = 3,465,113,625,000

Strike  22650  has a total call value of 261,723,875,000  versus a total put value of  3,070,656,875,000 Combined total value = 3,332,380,750,000

Strike  22700  has a total call value of 273,202,375,000  versus a total put value of  2,926,569,625,000 Combined total value = 3,199,772,000,000

Strike  22750  has a total call value of 284,940,125,000  versus a total put value of  2,784,160,875,000 Combined total value = 3,069,101,000,000

Strike  22800  has a total call value of 296,706,750,000  versus a total put value of  2,641,956,500,000 Combined total value = 2,938,663,250,000

Strike  22850  has a total call value of 308,851,500,000  versus a total put value of  2,503,172,000,000 Combined total value = 2,812,023,500,000

Strike  22900  has a total call value of 320,996,250,000  versus a total put value of  2,364,553,625,000 Combined total value = 2,685,549,875,000

Strike  22950  has a total call value of 333,343,625,000  versus a total put value of  2,227,160,250,000 Combined total value = 2,560,503,875,000

Strike  23000  has a total call value of 345,743,625,000  versus a total put value of  2,089,880,125,000 Combined total value = 2,435,623,750,000

Strike  23050  has a total call value of 364,336,375,000  versus a total put value of  1,971,984,500,000 Combined total value = 2,336,320,875,000

Strike  23100  has a total call value of 382,929,125,000  versus a total put value of  1,854,202,125,000 Combined total value = 2,237,131,250,000

Strike  23150  has a total call value of 401,881,250,000  versus a total put value of  1,738,167,500,000 Combined total value = 2,140,048,750,000

Strike  23200  has a total call value of 420,856,875,000  versus a total put value of  1,622,233,250,000 Combined total value = 2,043,090,125,000

Strike  23250  has a total call value of 440,324,500,000  versus a total put value of  1,510,027,500,000 Combined total value = 1,950,352,000,000

Strike  23300  has a total call value of 459,821,000,000  versus a total put value of  1,398,040,250,000 Combined total value = 1,857,861,250,000

Strike  23350  has a total call value of 480,100,625,000  versus a total put value of  1,289,146,375,000 Combined total value = 1,769,247,000,000

Strike  23400  has a total call value of 500,411,250,000  versus a total put value of  1,180,651,875,000 Combined total value = 1,681,063,125,000

Strike  23450  has a total call value of 521,838,750,000  versus a total put value of  1,075,669,000,000 Combined total value = 1,597,507,750,000

Strike  23500  has a total call value of 543,360,750,000  versus a total put value of  971,023,625,000 Combined total value = 1,514,384,375,000

Strike  23550  has a total call value of 573,031,375,000  versus a total put value of  888,128,125,000 Combined total value = 1,461,159,500,000

Strike  23600  has a total call value of 602,822,000,000  versus a total put value of  805,717,250,000 Combined total value = 1,408,539,250,000

Strike  23650  has a total call value of 636,298,750,000  versus a total put value of  732,435,875,000 Combined total value = 1,368,734,625,000

Strike  23700  has a total call value of 669,836,000,000  versus a total put value of  659,472,625,000 Combined total value = 1,329,308,625,000

Strike  23750  has a total call value of 705,807,625,000  versus a total put value of  592,569,875,000 Combined total value = 1,298,377,500,000

Strike  23800  has a total call value of 741,903,000,000  versus a total put value of  526,029,000,000 Combined total value = 1,267,932,000,000

Strike  23850  has a total call value of 781,793,250,000  versus a total put value of  468,293,750,000 Combined total value = 1,250,087,000,000

Strike  23900  has a total call value of 821,930,500,000  versus a total put value of  411,004,500,000 Combined total value = 1,232,935,000,000

Strike  23950  has a total call value of 863,895,500,000  versus a total put value of  356,779,750,000 Combined total value = 1,220,675,250,000

Strike  24000  has a total call value of 906,024,750,000  versus a total put value of  302,920,500,000 Combined total value = 1,208,945,250,000

Strike  24050  has a total call value of 962,960,875,000  versus a total put value of  272,240,250,000 Combined total value = 1,235,201,125,000

Strike  24100  has a total call value of 1,020,072,875,000  versus a total put value of  241,806,750,000 Combined total value = 1,261,879,625,000

Strike  24150  has a total call value of 1,079,622,375,000  versus a total put value of  214,532,250,000 Combined total value = 1,294,154,625,000

Strike  24200  has a total call value of 1,139,390,750,000  versus a total put value of  187,631,000,000 Combined total value = 1,327,021,750,000

Strike  24250  has a total call value of 1,204,270,500,000  versus a total put value of  166,704,250,000 Combined total value = 1,370,974,750,000

Strike  24300  has a total call value of 1,269,480,000,000  versus a total put value of  146,172,875,000 Combined total value = 1,415,652,875,000

Strike  24350  has a total call value of 1,339,113,750,000  versus a total put value of  129,871,625,000 Combined total value = 1,468,985,375,000

Strike  24400  has a total call value of 1,409,201,250,000  versus a total put value of  114,024,000,000 Combined total value = 1,523,225,250,000

Strike  24450  has a total call value of 1,482,535,125,000  versus a total put value of  100,178,625,000 Combined total value = 1,582,713,750,000

Strike  24500  has a total call value of 1,556,117,500,000  versus a total put value of  86,468,750,000 Combined total value = 1,642,586,250,000

Strike  24550  has a total call value of 1,640,699,875,000  versus a total put value of  78,226,500,000 Combined total value = 1,718,926,375,000

Strike  24600  has a total call value of 1,725,709,000,000  versus a total put value of  70,032,875,000 Combined total value = 1,795,741,875,000

Strike  24650  has a total call value of 1,812,997,000,000  versus a total put value of  62,419,750,000 Combined total value = 1,875,416,750,000

Strike  24700  has a total call value of 1,900,541,500,000  versus a total put value of  54,825,875,000 Combined total value = 1,955,367,375,000

Strike  24750  has a total call value of 1,991,228,625,000  versus a total put value of  47,341,125,000 Combined total value = 2,038,569,750,000

Strike  24800  has a total call value of 2,082,377,500,000  versus a total put value of  39,885,625,000 Combined total value = 2,122,263,125,000

Strike  24850  has a total call value of 2,177,413,875,000  versus a total put value of  33,176,750,000 Combined total value = 2,210,590,625,000

Strike  24900  has a total call value of 2,272,787,750,000  versus a total put value of  26,498,375,000 Combined total value = 2,299,286,125,000

Strike  24950  has a total call value of 2,370,048,250,000  versus a total put value of  19,865,625,000 Combined total value = 2,389,913,875,000

Strike  25000  has a total call value of 2,467,658,125,000  versus a total put value of  13,232,875,000 Combined total value = 2,480,891,000,000

Strike  25050  has a total call value of 2,581,553,250,000  versus a total put value of  11,892,000,000 Combined total value = 2,593,445,250,000

Strike  25100  has a total call value of 2,695,819,000,000  versus a total put value of  10,559,250,000 Combined total value = 2,706,378,250,000

Strike  25150  has a total call value of 2,812,424,500,000  versus a total put value of  9,242,625,000 Combined total value = 2,821,667,125,000

Strike  25200  has a total call value of 2,929,377,125,000  versus a total put value of  7,926,000,000 Combined total value = 2,937,303,125,000

Strike  25250  has a total call value of 3,048,601,000,000  versus a total put value of  6,636,625,000 Combined total value = 3,055,237,625,000

Strike  25300  has a total call value of 3,168,051,375,000  versus a total put value of  5,347,250,000 Combined total value = 3,173,398,625,000

Strike  25350  has a total call value of 3,290,455,750,000  versus a total put value of  4,066,875,000 Combined total value = 3,294,522,625,000

Strike  25400  has a total call value of 3,412,985,500,000  versus a total put value of  2,786,500,000 Combined total value = 3,415,772,000,000

Strike  25450  has a total call value of 3,537,442,875,000  versus a total put value of  1,518,750,000 Combined total value = 3,538,961,625,000

Strike  25500  has a total call value of 3,662,014,500,000  versus a total put value of  251,000,000 Combined total value = 3,662,265,500,000

Strike  25550  has a total call value of 3,791,172,125,000  versus a total put value of  215,250,000 Combined total value = 3,791,387,375,000

Strike  25600  has a total call value of 3,920,364,625,000  versus a total put value of  179,500,000 Combined total value = 3,920,544,125,000

Strike  25650  has a total call value of 4,050,513,125,000  versus a total put value of  143,750,000 Combined total value = 4,050,656,875,000

Strike  25700  has a total call value of 4,180,774,375,000  versus a total put value of  108,000,000 Combined total value = 4,180,882,375,000

Strike  25750  has a total call value of 4,311,491,875,000  versus a total put value of  72,250,000 Combined total value = 4,311,564,125,000

Strike  25800  has a total call value of 4,442,237,125,000  versus a total put value of  36,500,000 Combined total value = 4,442,273,625,000

Strike  25850  has a total call value of 4,574,289,625,000  versus a total put value of  27,375,000 Combined total value = 4,574,317,000,000

Strike  25900  has a total call value of 4,706,362,750,000  versus a total put value of  18,250,000 Combined total value = 4,706,381,000,000

Strike  25950  has a total call value of 4,838,640,625,000  versus a total put value of  9,125,000 Combined total value = 4,838,649,750,000

Strike  26000  has a total call value of 4,970,918,500,000  versus a total put value of  0 Combined total value = 4,970,918,500,000

Strike  26050  has a total call value of 5,103,833,250,000  versus a total put value of  0 Combined total value = 5,103,833,250,000

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.