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NIFTY
Nifty

23180.15 -25.20 (-0.11%)

Max pain for NIFTY

24 Jan 2025 02:07 PM IST

Max Pain for NIFTY is 23300  



Strike  21250  has a total call value of 0  versus a total put value of  16,937,025,375,000 Combined total value = 16,937,025,375,000

Strike  21300  has a total call value of 0  versus a total put value of  16,377,550,375,000 Combined total value = 16,377,550,375,000

Strike  21350  has a total call value of 0  versus a total put value of  15,828,131,625,000 Combined total value = 15,828,131,625,000

Strike  21400  has a total call value of 0  versus a total put value of  15,293,547,125,000 Combined total value = 15,293,547,125,000

Strike  21450  has a total call value of 2,500,000  versus a total put value of  14,768,016,875,000 Combined total value = 14,768,019,375,000

Strike  21500  has a total call value of 5,000,000  versus a total put value of  14,244,741,500,000 Combined total value = 14,244,746,500,000

Strike  21550  has a total call value of 50,000,000  versus a total put value of  13,743,344,500,000 Combined total value = 13,743,394,500,000

Strike  21600  has a total call value of 95,000,000  versus a total put value of  13,243,020,750,000 Combined total value = 13,243,115,750,000

Strike  21650  has a total call value of 782,875,000  versus a total put value of  12,753,850,875,000 Combined total value = 12,754,633,750,000

Strike  21700  has a total call value of 1,470,750,000  versus a total put value of  12,265,553,125,000 Combined total value = 12,267,023,875,000

Strike  21750  has a total call value of 2,158,625,000  versus a total put value of  11,783,144,000,000 Combined total value = 11,785,302,625,000

Strike  21800  has a total call value of 2,846,500,000  versus a total put value of  11,302,311,250,000 Combined total value = 11,305,157,750,000

Strike  21850  has a total call value of 3,538,375,000  versus a total put value of  10,833,220,375,000 Combined total value = 10,836,758,750,000

Strike  21900  has a total call value of 4,230,250,000  versus a total put value of  10,366,014,125,000 Combined total value = 10,370,244,375,000

Strike  21950  has a total call value of 4,924,125,000  versus a total put value of  9,905,175,250,000 Combined total value = 9,910,099,375,000

Strike  22000  has a total call value of 5,619,000,000  versus a total put value of  9,446,186,875,000 Combined total value = 9,451,805,875,000

Strike  22050  has a total call value of 11,589,750,000  versus a total put value of  9,031,642,875,000 Combined total value = 9,043,232,625,000

Strike  22100  has a total call value of 17,560,500,000  versus a total put value of  8,619,725,750,000 Combined total value = 8,637,286,250,000

Strike  22150  has a total call value of 23,543,750,000  versus a total put value of  8,218,648,750,000 Combined total value = 8,242,192,500,000

Strike  22200  has a total call value of 29,528,375,000  versus a total put value of  7,820,876,000,000 Combined total value = 7,850,404,375,000

Strike  22250  has a total call value of 35,535,000,000  versus a total put value of  7,438,736,125,000 Combined total value = 7,474,271,125,000

Strike  22300  has a total call value of 41,543,875,000  versus a total put value of  7,059,959,125,000 Combined total value = 7,101,503,000,000

Strike  22350  has a total call value of 47,605,000,000  versus a total put value of  6,692,132,750,000 Combined total value = 6,739,737,750,000

Strike  22400  has a total call value of 53,668,000,000  versus a total put value of  6,327,123,750,000 Combined total value = 6,380,791,750,000

Strike  22450  has a total call value of 59,780,375,000  versus a total put value of  5,972,465,750,000 Combined total value = 6,032,246,125,000

Strike  22500  has a total call value of 65,898,500,000  versus a total put value of  5,621,155,500,000 Combined total value = 5,687,054,000,000

Strike  22550  has a total call value of 74,448,500,000  versus a total put value of  5,297,641,125,000 Combined total value = 5,372,089,625,000

Strike  22600  has a total call value of 83,030,500,000  versus a total put value of  4,977,977,750,000 Combined total value = 5,061,008,250,000

Strike  22650  has a total call value of 91,756,125,000  versus a total put value of  4,670,472,375,000 Combined total value = 4,762,228,500,000

Strike  22700  has a total call value of 100,540,125,000  versus a total put value of  4,368,559,125,000 Combined total value = 4,469,099,250,000

Strike  22750  has a total call value of 109,642,875,000  versus a total put value of  4,082,339,000,000 Combined total value = 4,191,981,875,000

Strike  22800  has a total call value of 118,922,750,000  versus a total put value of  3,800,626,000,000 Combined total value = 3,919,548,750,000

Strike  22850  has a total call value of 129,195,000,000  versus a total put value of  3,538,004,625,000 Combined total value = 3,667,199,625,000

Strike  22900  has a total call value of 139,709,625,000  versus a total put value of  3,279,968,625,000 Combined total value = 3,419,678,250,000

Strike  22950  has a total call value of 151,587,750,000  versus a total put value of  3,037,261,125,000 Combined total value = 3,188,848,875,000

Strike  23000  has a total call value of 163,837,625,000  versus a total put value of  2,798,650,625,000 Combined total value = 2,962,488,250,000

Strike  23050  has a total call value of 191,755,250,000  versus a total put value of  2,599,175,000,000 Combined total value = 2,790,930,250,000

Strike  23100  has a total call value of 221,737,125,000  versus a total put value of  2,405,399,750,000 Combined total value = 2,627,136,875,000

Strike  23150  has a total call value of 262,820,000,000  versus a total put value of  2,229,897,000,000 Combined total value = 2,492,717,000,000

Strike  23200  has a total call value of 311,322,250,000  versus a total put value of  2,064,144,750,000 Combined total value = 2,375,467,000,000

Strike  23250  has a total call value of 395,667,375,000  versus a total put value of  1,928,423,875,000 Combined total value = 2,324,091,250,000

Strike  23300  has a total call value of 494,097,500,000  versus a total put value of  1,803,069,500,000 Combined total value = 2,297,167,000,000

Strike  23350  has a total call value of 623,279,875,000  versus a total put value of  1,696,433,500,000 Combined total value = 2,319,713,375,000

Strike  23400  has a total call value of 762,411,125,000  versus a total put value of  1,593,396,625,000 Combined total value = 2,355,807,750,000

Strike  23450  has a total call value of 925,471,250,000  versus a total put value of  1,499,462,875,000 Combined total value = 2,424,934,125,000

Strike  23500  has a total call value of 1,097,340,750,000  versus a total put value of  1,407,359,250,000 Combined total value = 2,504,700,000,000

Strike  23550  has a total call value of 1,308,066,000,000  versus a total put value of  1,328,804,500,000 Combined total value = 2,636,870,500,000

Strike  23600  has a total call value of 1,525,310,625,000  versus a total put value of  1,250,658,250,000 Combined total value = 2,775,968,875,000

Strike  23650  has a total call value of 1,763,994,750,000  versus a total put value of  1,175,944,375,000 Combined total value = 2,939,939,125,000

Strike  23700  has a total call value of 2,011,132,875,000  versus a total put value of  1,101,762,875,000 Combined total value = 3,112,895,750,000

Strike  23750  has a total call value of 2,280,777,750,000  versus a total put value of  1,032,527,875,000 Combined total value = 3,313,305,625,000

Strike  23800  has a total call value of 2,559,544,375,000  versus a total put value of  963,816,000,000 Combined total value = 3,523,360,375,000

Strike  23850  has a total call value of 2,870,497,375,000  versus a total put value of  904,923,250,000 Combined total value = 3,775,420,625,000

Strike  23900  has a total call value of 3,188,590,250,000  versus a total put value of  846,387,125,000 Combined total value = 4,034,977,375,000

Strike  23950  has a total call value of 3,526,054,750,000  versus a total put value of  792,941,625,000 Combined total value = 4,318,996,375,000

Strike  24000  has a total call value of 3,870,381,375,000  versus a total put value of  739,845,750,000 Combined total value = 4,610,227,125,000

Strike  24050  has a total call value of 4,268,765,500,000  versus a total put value of  701,452,875,000 Combined total value = 4,970,218,375,000

Strike  24100  has a total call value of 4,673,152,500,000  versus a total put value of  663,261,375,000 Combined total value = 5,336,413,875,000

Strike  24150  has a total call value of 5,093,012,750,000  versus a total put value of  627,054,875,000 Combined total value = 5,720,067,625,000

Strike  24200  has a total call value of 5,519,213,000,000  versus a total put value of  591,523,000,000 Combined total value = 6,110,736,000,000

Strike  24250  has a total call value of 5,971,947,625,000  versus a total put value of  562,504,125,000 Combined total value = 6,534,451,750,000

Strike  24300  has a total call value of 6,431,425,625,000  versus a total put value of  533,821,875,000 Combined total value = 6,965,247,500,000

Strike  24350  has a total call value of 6,909,949,500,000  versus a total put value of  506,781,000,000 Combined total value = 7,416,730,500,000

Strike  24400  has a total call value of 7,391,951,125,000  versus a total put value of  479,952,375,000 Combined total value = 7,871,903,500,000

Strike  24450  has a total call value of 7,885,842,750,000  versus a total put value of  454,485,250,000 Combined total value = 8,340,328,000,000

Strike  24500  has a total call value of 8,381,764,125,000  versus a total put value of  429,018,125,000 Combined total value = 8,810,782,250,000

Strike  24550  has a total call value of 8,916,602,875,000  versus a total put value of  407,636,000,000 Combined total value = 9,324,238,875,000

Strike  24600  has a total call value of 9,453,439,000,000  versus a total put value of  386,336,625,000 Combined total value = 9,839,775,625,000

Strike  24650  has a total call value of 10,001,119,250,000  versus a total put value of  365,740,875,000 Combined total value = 10,366,860,125,000

Strike  24700  has a total call value of 10,550,441,625,000  versus a total put value of  345,335,250,000 Combined total value = 10,895,776,875,000

Strike  24750  has a total call value of 11,106,431,250,000  versus a total put value of  325,857,250,000 Combined total value = 11,432,288,500,000

Strike  24800  has a total call value of 11,663,735,875,000  versus a total put value of  306,448,625,000 Combined total value = 11,970,184,500,000

Strike  24850  has a total call value of 12,230,350,875,000  versus a total put value of  287,735,750,000 Combined total value = 12,518,086,625,000

Strike  24900  has a total call value of 12,798,000,125,000  versus a total put value of  269,068,625,000 Combined total value = 13,067,068,750,000

Strike  24950  has a total call value of 13,369,780,125,000  versus a total put value of  250,767,750,000 Combined total value = 13,620,547,875,000

Strike  25000  has a total call value of 13,942,171,750,000  versus a total put value of  232,544,375,000 Combined total value = 14,174,716,125,000

Strike  25050  has a total call value of 14,554,376,625,000  versus a total put value of  220,941,625,000 Combined total value = 14,775,318,250,000

Strike  25100  has a total call value of 15,167,086,125,000  versus a total put value of  209,383,875,000 Combined total value = 15,376,470,000,000

Strike  25150  has a total call value of 15,784,491,625,000  versus a total put value of  197,994,750,000 Combined total value = 15,982,486,375,000

Strike  25200  has a total call value of 16,402,443,750,000  versus a total put value of  186,605,625,000 Combined total value = 16,589,049,375,000

Strike  25250  has a total call value of 17,025,605,750,000  versus a total put value of  175,502,750,000 Combined total value = 17,201,108,500,000

Strike  25300  has a total call value of 17,649,387,000,000  versus a total put value of  164,399,875,000 Combined total value = 17,813,786,875,000

Strike  25350  has a total call value of 18,275,664,750,000  versus a total put value of  153,418,125,000 Combined total value = 18,429,082,875,000

Strike  25400  has a total call value of 18,902,382,750,000  versus a total put value of  142,436,375,000 Combined total value = 19,044,819,125,000

Strike  25450  has a total call value of 19,532,315,000,000  versus a total put value of  131,629,250,000 Combined total value = 19,663,944,250,000

Strike  25500  has a total call value of 20,163,819,125,000  versus a total put value of  120,822,125,000 Combined total value = 20,284,641,250,000

Strike  25550  has a total call value of 20,808,057,750,000  versus a total put value of  112,113,875,000 Combined total value = 20,920,171,625,000

Strike  25600  has a total call value of 21,452,831,250,000  versus a total put value of  103,405,625,000 Combined total value = 21,556,236,875,000

Strike  25650  has a total call value of 22,100,568,625,000  versus a total put value of  94,874,125,000 Combined total value = 22,195,442,750,000

Strike  25700  has a total call value of 22,748,821,125,000  versus a total put value of  86,342,625,000 Combined total value = 22,835,163,750,000

Strike  25750  has a total call value of 23,398,365,500,000  versus a total put value of  77,974,125,000 Combined total value = 23,476,339,625,000

Strike  25800  has a total call value of 24,048,460,625,000  versus a total put value of  69,609,750,000 Combined total value = 24,118,070,375,000

Strike  25850  has a total call value of 24,699,890,125,000  versus a total put value of  61,458,500,000 Combined total value = 24,761,348,625,000

Strike  25900  has a total call value of 25,351,707,750,000  versus a total put value of  53,307,250,000 Combined total value = 25,405,015,000,000

Strike  25950  has a total call value of 26,005,578,375,000  versus a total put value of  45,231,500,000 Combined total value = 26,050,809,875,000

Strike  26000  has a total call value of 26,659,906,250,000  versus a total put value of  37,158,000,000 Combined total value = 26,697,064,250,000

Strike  26050  has a total call value of 27,335,033,500,000  versus a total put value of  33,191,125,000 Combined total value = 27,368,224,625,000

Strike  26100  has a total call value of 28,010,674,500,000  versus a total put value of  29,224,250,000 Combined total value = 28,039,898,750,000

Strike  26150  has a total call value of 28,688,440,250,000  versus a total put value of  25,363,625,000 Combined total value = 28,713,803,875,000

Strike  26200  has a total call value of 29,367,025,000,000  versus a total put value of  21,503,000,000 Combined total value = 29,388,528,000,000

Strike  26250  has a total call value of 30,048,309,875,000  versus a total put value of  17,909,250,000 Combined total value = 30,066,219,125,000

Strike  26300  has a total call value of 30,731,228,500,000  versus a total put value of  14,315,500,000 Combined total value = 30,745,544,000,000

Strike  26350  has a total call value of 31,415,966,750,000  versus a total put value of  10,721,750,000 Combined total value = 31,426,688,500,000

Strike  26400  has a total call value of 32,101,864,500,000  versus a total put value of  7,128,000,000 Combined total value = 32,108,992,500,000

Strike  26450  has a total call value of 32,793,816,250,000  versus a total put value of  3,564,000,000 Combined total value = 32,797,380,250,000

Strike  26500  has a total call value of 33,489,566,125,000  versus a total put value of  0 Combined total value = 33,489,566,125,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 439.55 435
ABB 6207.7 6400
ABBOTINDIA 27418.95 28500
ABCAPITAL 171.95 182.5
ABFRL 276.5 275
ACC 2052.4 2080
ADANIENSOL 790.1 800
ADANIENT 2348.05 2400
ADANIGREEN 1019.45 1020
ADANIPORTS 1097.55 1160
ALKEM 5055 5300
AMBUJACEM 552.75 550
ANGELONE 2349.55 2500
APLAPOLLO 1570 1560
APOLLOHOSP 6785 6900
APOLLOTYRE 427.15 450
ASHOKLEY 205.34 210
ASIANPAINT 2271.6 2300
ASTRAL 1465.5 1560
ATGL 644.35 660
ATUL 6785.35 6800
AUBANK 583.8 580
AUROPHARMA 1215.3 1240
AXISBANK 951.75 990
BAJAJ-AUTO 8450.4 8700
BAJAJFINSV 1732.8 1680
BAJFINANCE 7466.05 7300
BALKRISIND 2674.25 2760
BANDHANBNK 149.86 160
BANKBARODA 227.2 235
BANKINDIA 98.96 100
BATAINDIA 1285 1330
BEL 271.7 280
BERGEPAINT 483.15 465
BHARATFORG 1224.7 1240
BHARTIARTL 1648 1640
BHEL 201.78 215
BIOCON 390.15 380
BOSCHLTD 30463.75 32500
BPCL 267.75 270
BRITANNIA 5101.7 4850
BSE 5901.75 5700
BSOFT 547.1 550
CAMS 4136.55 4200
CANBK 97.53 100
CANFINHOME 685.3 680
CDSL 1508.4 1580
CESC 140.26 145.5
CGPOWER 619.9 650
CHAMBLFERT 500.45 500
CHOLAFIN 1227.15 1260
CIPLA 1417.15 1460
COALINDIA 384.9 390
COFORGE 9304 9000
COLPAL 2760.25 2750
CONCOR 759 780
COROMANDEL 1825 1860
CROMPTON 341.2 355
CUB 167.8 170
CUMMINSIND 2837.55 3000
CYIENT 1376 1500
DABUR 523.35 520
DALBHARAT 1809.15 1780
DEEPAKNTR 2306 2400
DELHIVERY 326.25 330
DIVISLAB 5746.8 5900
DIXON 15519.15 16000
DLF 703.6 740
DMART 3581.35 3700
DRREDDY 1228 1250
EICHERMOT 5204.8 5050
ESCORTS 3492.25 3400
EXIDEIND 372.5 400
FEDERALBNK 189.21 195
GAIL 176.27 185
GLENMARK 1455.9 1500
GMRAIRPORT 72.12 77
GMRINFRA 0 32
GNFC 560.35 560
GODREJCP 1132.3 1120
GODREJPROP 2177.55 2300
GRANULES 583.8 590
GRASIM 2490.6 2480
GUJGASLTD 496.65 500
HAL 3874.45 4050
HAVELLS 1540.1 1580
HCLTECH 1804.75 1820
HDFCAMC 3910.4 4000
HDFCBANK 1657 1670
HDFCLIFE 621.55 630
HEROMOTOCO 4063.8 4150
HFCL 99.86 102.5
HINDALCO 609.75 600
HINDCOPPER 244.2 250
HINDPETRO 357.55 370
HINDUNILVR 2367.85 2360
HUDCO 222.17 220
ICICIBANK 1210.3 1230
ICICIGI 1824.45 1880
ICICIPRULI 591.1 600
IDEA 9.55 9
IDFCFIRSTB 62.77 63
IEX 171.3 175
IGL 385.15 400
INDHOTEL 787.1 800
INDIAMART 2085.55 2140
INDIANB 504.95 520
INDIGO 4155 4200
INDUSINDBK 958.95 980
INDUSTOWER 368.75 355
INFY 1883.1 1880
IOC 128.99 135
IPCALAB 1532.8 1580
IRB 52.1 54
IRCTC 792.25 800
IRFC 140.28 137.5
ITC 443.45 445
JINDALSTEL 891.65 920
JIOFIN 246.55 265
JKCEMENT 4773.45 4700
JSL 632.6 630
JSWENERGY 549.75 570
JSWSTEEL 934.25 930
JUBLFOOD 673.5 700
KALYANKJIL 462.45 560
KEI 4322 4300
KOTAKBANK 1891.95 1860
KPITTECH 1322.5 1380
LALPATHLAB 2819.25 2900
LAURUSLABS 585.45 580
LICHSGFIN 575.25 580
LICI 824.4 850
LODHA 1099.55 1120
LT 3477.65 3600
LTF 139.82 140
LTIM 6015.15 5900
LTTS 5456.95 5250
LUPIN 2139.1 2180
M&M 2824.9 2900
M&MFIN 267.85 270
MANAPPURAM 198.11 187.5
MARICO 668.7 660
MARUTI 11980.8 11700
MAXHEALTH 1058.5 1080
MCX 5768.3 5800
METROPOLIS 1810 1920
MFSL 1050.1 1060
MGL 1281.6 1280
MOTHERSON 143.63 150
MPHASIS 3015.4 3000
MRF 111689.3 115000
MUTHOOTFIN 2175.9 2180
NATIONALUM 204.58 210
NAUKRI 7458.1 7700
NAVINFLUOR 3711.75 3700
NCC 237.85 250
NESTLEIND 2220.85 2200
NHPC 77.47 78
NMDC 67.07 68
NTPC 324.5 325
NYKAA 168.5 170
OBEROIRLTY 1774.1 1840
OFSS 9855 10000
OIL 428.2 450
ONGC 258.66 260
PAGEIND 46541.5 47000
PAYTM 814 860
PEL 988.35 1080
PERSISTENT 6380.05 6300
PETRONET 322.25 335
PFC 410.75 440
PIDILITIND 2850 2880
PIIND 3509.85 3550
PNB 97.75 100
POLICYBZR 1692.6 1750
POLYCAB 6016.75 6300
POONAWALLA 321.4 320
POWERGRID 297.4 305
PRESTIGE 1260.65 1350
PVRINOX 1071.1 1140
RAMCOCEM 897.3 910
RBLBANK 155.15 160
RECLTD 449.7 490
RELIANCE 1252.8 1260
SAIL 108.97 110
SBICARD 756.15 750
SBILIFE 1441.7 1460
SBIN 748.3 770
SHREECEM 25859.8 26000
SHRIRAMFIN 531.7 540
SIEMENS 5877.15 6100
SJVN 96.22 97.5
SONACOMS 522.95 550
SRF 2577.65 2560
SUNPHARMA 1819.95 1800
SUNTV 643.8 660
SUPREMEIND 3832.75 4000
SYNGENE 795.4 820
TATACHEM 962.35 1000
TATACOMM 1640 1700
TATACONSUM 995.5 960
TATAELXSI 6362.55 6300
TATAMOTORS 738.15 760
TATAPOWER 365.85 380
TATASTEEL 131.16 135
TCS 4154.6 4150
TECHM 1726.85 1700
TIINDIA 3251.35 3400
TITAN 3408.95 3400
TORNTPHARM 3243.6 3300
TRENT 5539.25 6000
TVSMOTOR 2266.6 2300
UBL 2069.9 2040
ULTRACEMCO 11322 11200
UNIONBANK 107.8 110
UNITDSPR 1478.7 1500
UPL 554.2 540
VBL 541.2 550
VEDL 446.3 460
VOLTAS 1468 1540
WIPRO 320.7 310
YESBANK 18.27 19
ZOMATO 218.95 230
ZYDUSLIFE 962.7 990

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.