NIFTYNXT50
Nifty Next 50
Max pain for NIFTYNXT50
28 Mar 2025 04:10 PM IST
Max Pain for NIFTYNXT50 is 63300
Strike 62000 has a total call value of 0 versus a total put value of 140,500,000 Combined total value = 140,500,000
Strike 62100 has a total call value of 0 versus a total put value of 127,500,000 Combined total value = 127,500,000
Strike 62200 has a total call value of 0 versus a total put value of 114,500,000 Combined total value = 114,500,000
Strike 62300 has a total call value of 0 versus a total put value of 101,500,000 Combined total value = 101,500,000
Strike 62400 has a total call value of 0 versus a total put value of 88,500,000 Combined total value = 88,500,000
Strike 62500 has a total call value of 0 versus a total put value of 75,500,000 Combined total value = 75,500,000
Strike 62600 has a total call value of 0 versus a total put value of 62,500,000 Combined total value = 62,500,000
Strike 62700 has a total call value of 0 versus a total put value of 49,500,000 Combined total value = 49,500,000
Strike 62800 has a total call value of 0 versus a total put value of 36,500,000 Combined total value = 36,500,000
Strike 62900 has a total call value of 0 versus a total put value of 23,500,000 Combined total value = 23,500,000
Strike 63000 has a total call value of 0 versus a total put value of 10,500,000 Combined total value = 10,500,000
Strike 63100 has a total call value of 1,500,000 versus a total put value of 7,250,000 Combined total value = 8,750,000
Strike 63200 has a total call value of 3,000,000 versus a total put value of 4,000,000 Combined total value = 7,000,000
Strike 63300 has a total call value of 4,500,000 versus a total put value of 750,000 Combined total value = 5,250,000
Strike 63400 has a total call value of 6,000,000 versus a total put value of 500,000 Combined total value = 6,500,000
Strike 63500 has a total call value of 7,500,000 versus a total put value of 250,000 Combined total value = 7,750,000
Strike 63600 has a total call value of 10,250,000 versus a total put value of 0 Combined total value = 10,250,000
Strike 63700 has a total call value of 13,000,000 versus a total put value of 0 Combined total value = 13,000,000
Strike 63800 has a total call value of 15,750,000 versus a total put value of 0 Combined total value = 15,750,000
Strike 63900 has a total call value of 19,250,000 versus a total put value of 0 Combined total value = 19,250,000
Strike 64000 has a total call value of 23,500,000 versus a total put value of 0 Combined total value = 23,500,000
Strike 64100 has a total call value of 41,250,000 versus a total put value of 0 Combined total value = 41,250,000
Strike 64200 has a total call value of 59,750,000 versus a total put value of 0 Combined total value = 59,750,000
Strike 64300 has a total call value of 78,250,000 versus a total put value of 0 Combined total value = 78,250,000
Strike 64400 has a total call value of 96,750,000 versus a total put value of 0 Combined total value = 96,750,000
Strike 64500 has a total call value of 115,250,000 versus a total put value of 0 Combined total value = 115,250,000
Strike 64600 has a total call value of 133,750,000 versus a total put value of 0 Combined total value = 133,750,000
Strike 64700 has a total call value of 152,250,000 versus a total put value of 0 Combined total value = 152,250,000
Strike 64800 has a total call value of 170,750,000 versus a total put value of 0 Combined total value = 170,750,000
Strike 64900 has a total call value of 189,250,000 versus a total put value of 0 Combined total value = 189,250,000
Strike 65000 has a total call value of 207,750,000 versus a total put value of 0 Combined total value = 207,750,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 63043.2 | 400 |
| ABB | 63043.2 | 5600 |
| ABCAPITAL | 63043.2 | 190 |
| ABFRL | 63043.2 | 260 |
| ACC | 63043.2 | 1960 |
| ADANIENSOL | 63043.2 | 840 |
| ADANIENT | 63043.2 | 2500 |
| ADANIGREEN | 63043.2 | 940 |
| ADANIPORTS | 63043.2 | 1200 |
| ALKEM | 63043.2 | 5000 |
| AMBUJACEM | 63043.2 | 550 |
| ANGELONE | 63043.2 | 2200 |
| APLAPOLLO | 63043.2 | 1520 |
| APOLLOHOSP | 63043.2 | 6600 |
| APOLLOTYRE | 63043.2 | 430 |
| ASHOKLEY | 63043.2 | 210 |
| ASIANPAINT | 63043.2 | 2340 |
| ASTRAL | 63043.2 | 1300 |
| ATGL | 63043.2 | 610 |
| AUBANK | 63043.2 | 550 |
| AUROPHARMA | 63043.2 | 1160 |
| AXISBANK | 63043.2 | 1100 |
| BAJAJ-AUTO | 63043.2 | 8000 |
| BAJAJFINSV | 63043.2 | 1980 |
| BAJFINANCE | 63043.2 | 8900 |
| BALKRISIND | 63043.2 | 2580 |
| BANDHANBNK | 63043.2 | 150 |
| BANKBARODA | 63043.2 | 230 |
| BANKINDIA | 63043.2 | 107 |
| BEL | 63043.2 | 300 |
| BERGEPAINT | 63043.2 | 500 |
| BHARATFORG | 63043.2 | 1160 |
| BHARTIARTL | 63043.2 | 1700 |
| BHEL | 63043.2 | 220 |
| BIOCON | 63043.2 | 345 |
| BOSCHLTD | 63043.2 | 28000 |
| BPCL | 63043.2 | 280 |
| BRITANNIA | 63043.2 | 4900 |
| BSE | 63043.2 | 5100 |
| BSOFT | 63043.2 | 400 |
| CAMS | 63043.2 | 3700 |
| CANBK | 63043.2 | 90 |
| CDSL | 63043.2 | 1200 |
| CESC | 63043.2 | 155 |
| CGPOWER | 63043.2 | 650 |
| CHAMBLFERT | 63043.2 | 610 |
| CHOLAFIN | 63043.2 | 1520 |
| CIPLA | 63043.2 | 1480 |
| COALINDIA | 63043.2 | 410 |
| COFORGE | 63043.2 | 8000 |
| COLPAL | 63043.2 | 2400 |
| CONCOR | 63043.2 | 710 |
| CROMPTON | 63043.2 | 360 |
| CUMMINSIND | 63043.2 | 3050 |
| CYIENT | 63043.2 | 1300 |
| DABUR | 63043.2 | 510 |
| DALBHARAT | 63043.2 | 1800 |
| DEEPAKNTR | 63043.2 | 2000 |
| DELHIVERY | 63043.2 | 260 |
| DIVISLAB | 63043.2 | 5800 |
| DIXON | 63043.2 | 13500 |
| DLF | 63043.2 | 700 |
| DMART | 63043.2 | 4050 |
| DRREDDY | 63043.2 | 1150 |
| EICHERMOT | 63043.2 | 5400 |
| ESCORTS | 63043.2 | 3300 |
| EXIDEIND | 63043.2 | 370 |
| FEDERALBNK | 63043.2 | 195 |
| GAIL | 63043.2 | 182.5 |
| GLENMARK | 63043.2 | 1500 |
| GMRAIRPORT | 63043.2 | 77 |
| GODREJCP | 63043.2 | 1140 |
| GODREJPROP | 63043.2 | 2150 |
| GOLDM | 63043.2 | 89000 |
| GRANULES | 63043.2 | 500 |
| GRASIM | 63043.2 | 2580 |
| HAL | 63043.2 | 4150 |
| HAVELLS | 63043.2 | 1500 |
| HCLTECH | 63043.2 | 1600 |
| HDFCAMC | 63043.2 | 4100 |
| HDFCBANK | 63043.2 | 1800 |
| HDFCLIFE | 63043.2 | 680 |
| HEROMOTOCO | 63043.2 | 3750 |
| HFCL | 63043.2 | 82.5 |
| HINDALCO | 63043.2 | 690 |
| HINDCOPPER | 63043.2 | 230 |
| HINDPETRO | 63043.2 | 360 |
| HINDUNILVR | 63043.2 | 2300 |
| HUDCO | 63043.2 | 200 |
| ICICIBANK | 63043.2 | 1340 |
| ICICIGI | 63043.2 | 1800 |
| ICICIPRULI | 63043.2 | 580 |
| IDEA | 63043.2 | 8 |
| IDFCFIRSTB | 63043.2 | 58 |
| IEX | 63043.2 | 180 |
| IGL | 63043.2 | 200 |
| IIFL | 63043.2 | 330 |
| INDHOTEL | 63043.2 | 800 |
| INDIANB | 63043.2 | 550 |
| INDIGO | 63043.2 | 5000 |
| INDUSINDBK | 63043.2 | 670 |
| INDUSTOWER | 63043.2 | 350 |
| INFY | 63043.2 | 1600 |
| IOC | 63043.2 | 132.5 |
| IRB | 63043.2 | 46 |
| IRCTC | 63043.2 | 740 |
| IREDA | 63043.2 | 152.5 |
| IRFC | 63043.2 | 125 |
| ITC | 63043.2 | 410 |
| JINDALSTEL | 63043.2 | 920 |
| JIOFIN | 63043.2 | 230 |
| JSL | 63043.2 | 600 |
| JSWENERGY | 63043.2 | 550 |
| JSWSTEEL | 63043.2 | 1050 |
| JUBLFOOD | 63043.2 | 660 |
| KALYANKJIL | 63043.2 | 480 |
| KEI | 63043.2 | 2900 |
| KOTAKBANK | 63043.2 | 2120 |
| KPITTECH | 63043.2 | 1300 |
| LAURUSLABS | 63043.2 | 610 |
| LICHSGFIN | 63043.2 | 570 |
| LICI | 63043.2 | 800 |
| LODHA | 63043.2 | 1200 |
| LT | 63043.2 | 3500 |
| LTF | 63043.2 | 150 |
| LTIM | 63043.2 | 4600 |
| LUPIN | 63043.2 | 2040 |
| M&M | 63043.2 | 2700 |
| M&MFIN | 63043.2 | 290 |
| MANAPPURAM | 63043.2 | 230 |
| MARICO | 63043.2 | 640 |
| MARUTI | 63043.2 | 11700 |
| MAXHEALTH | 63043.2 | 1120 |
| MCX | 63043.2 | 5400 |
| MFSL | 63043.2 | 1140 |
| MGL | 63043.2 | 1380 |
| MOTHERSON | 63043.2 | 135 |
| MPHASIS | 63043.2 | 2500 |
| MRF | 63043.2 | 115000 |
| MUTHOOTFIN | 63043.2 | 2200 |
| NATIONALUM | 63043.2 | 185 |
| NAUKRI | 63043.2 | 7100 |
| NBCC | 63043.2 | 82.5 |
| NCC | 63043.2 | 210 |
| NESTLEIND | 63043.2 | 2260 |
| NHPC | 63043.2 | 84 |
| NMDC | 63043.2 | 69 |
| NTPC | 63043.2 | 360 |
| NYKAA | 63043.2 | 175 |
| OBEROIRLTY | 63043.2 | 1640 |
| OFSS | 63043.2 | 8000 |
| OIL | 63043.2 | 390 |
| ONGC | 63043.2 | 250 |
| PAGEIND | 63043.2 | 43000 |
| PATANJALI | 63043.2 | 1800 |
| PAYTM | 63043.2 | 780 |
| PEL | 63043.2 | 1000 |
| PERSISTENT | 63043.2 | 5500 |
| PETRONET | 63043.2 | 300 |
| PFC | 63043.2 | 420 |
| PHOENIXLTD | 63043.2 | 1600 |
| PIDILITIND | 63043.2 | 2840 |
| PIIND | 63043.2 | 3500 |
| PNB | 63043.2 | 97 |
| POLICYBZR | 63043.2 | 1600 |
| POLYCAB | 63043.2 | 5100 |
| POONAWALLA | 63043.2 | 335 |
| POWERGRID | 63043.2 | 295 |
| PRESTIGE | 63043.2 | 1200 |
| RAMCOCEM | 63043.2 | 900 |
| RBLBANK | 63043.2 | 175 |
| RECLTD | 63043.2 | 440 |
| RELIANCE | 63043.2 | 1300 |
| SAIL | 63043.2 | 120 |
| SBICARD | 63043.2 | 865 |
| SBILIFE | 63043.2 | 1540 |
| SBIN | 63043.2 | 780 |
| SHREECEM | 63043.2 | 30500 |
| SHRIRAMFIN | 63043.2 | 660 |
| SIEMENS | 63043.2 | 5300 |
| SILVER | 63043.2 | 98000 |
| SJVN | 63043.2 | 95 |
| SOLARINDS | 63043.2 | 11000 |
| SONACOMS | 63043.2 | 460 |
| SRF | 63043.2 | 2960 |
| SUNPHARMA | 63043.2 | 1740 |
| SUPREMEIND | 63043.2 | 3500 |
| SYNGENE | 63043.2 | 720 |
| TATACHEM | 63043.2 | 880 |
| TATACOMM | 63043.2 | 1600 |
| TATACONSUM | 63043.2 | 1000 |
| TATAELXSI | 63043.2 | 5300 |
| TATAMOTORS | 63043.2 | 700 |
| TATAPOWER | 63043.2 | 400 |
| TATASTEEL | 63043.2 | 156 |
| TATATECH | 63043.2 | 680 |
| TCS | 63043.2 | 3660 |
| TECHM | 63043.2 | 1440 |
| TIINDIA | 63043.2 | 2800 |
| TITAGARH | 63043.2 | 800 |
| TITAN | 63043.2 | 3100 |
| TORNTPHARM | 63043.2 | 3250 |
| TORNTPOWER | 63043.2 | 1500 |
| TRENT | 63043.2 | 5400 |
| TVSMOTOR | 63043.2 | 2440 |
| ULTRACEMCO | 63043.2 | 11400 |
| UNIONBANK | 63043.2 | 125 |
| UNITDSPR | 63043.2 | 1400 |
| UPL | 63043.2 | 640 |
| VBL | 63043.2 | 520 |
| VEDL | 63043.2 | 470 |
| VOLTAS | 63043.2 | 1440 |
| WIPRO | 63043.2 | 267.5 |
| YESBANK | 63043.2 | 17 |
| ZOMATO | 63043.2 | 210 |
| ZYDUSLIFE | 63043.2 | 900 |
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.
