NIFTYNXT50
Nifty Next 50
Max pain for NIFTYNXT50
21 Nov 2024 04:00 PM IST
Max Pain for NIFTYNXT50 is 69500
Strike 65000 has a total call value of 0 versus a total put value of 2,861,100,000 Combined total value = 2,861,100,000
Strike 65100 has a total call value of 0 versus a total put value of 2,785,200,000 Combined total value = 2,785,200,000
Strike 65200 has a total call value of 0 versus a total put value of 2,709,300,000 Combined total value = 2,709,300,000
Strike 65300 has a total call value of 0 versus a total put value of 2,633,400,000 Combined total value = 2,633,400,000
Strike 65400 has a total call value of 0 versus a total put value of 2,557,500,000 Combined total value = 2,557,500,000
Strike 65500 has a total call value of 0 versus a total put value of 2,481,600,000 Combined total value = 2,481,600,000
Strike 65600 has a total call value of 0 versus a total put value of 2,405,700,000 Combined total value = 2,405,700,000
Strike 65700 has a total call value of 0 versus a total put value of 2,329,800,000 Combined total value = 2,329,800,000
Strike 65800 has a total call value of 0 versus a total put value of 2,253,900,000 Combined total value = 2,253,900,000
Strike 65900 has a total call value of 0 versus a total put value of 2,178,000,000 Combined total value = 2,178,000,000
Strike 66000 has a total call value of 0 versus a total put value of 2,102,100,000 Combined total value = 2,102,100,000
Strike 66100 has a total call value of 0 versus a total put value of 2,034,500,000 Combined total value = 2,034,500,000
Strike 66200 has a total call value of 0 versus a total put value of 1,966,900,000 Combined total value = 1,966,900,000
Strike 66300 has a total call value of 0 versus a total put value of 1,899,300,000 Combined total value = 1,899,300,000
Strike 66400 has a total call value of 2,200,000 versus a total put value of 1,831,700,000 Combined total value = 1,833,900,000
Strike 66500 has a total call value of 4,400,000 versus a total put value of 1,764,100,000 Combined total value = 1,768,500,000
Strike 66600 has a total call value of 6,600,000 versus a total put value of 1,696,500,000 Combined total value = 1,703,100,000
Strike 66700 has a total call value of 8,800,000 versus a total put value of 1,629,200,000 Combined total value = 1,638,000,000
Strike 66800 has a total call value of 11,000,000 versus a total put value of 1,561,900,000 Combined total value = 1,572,900,000
Strike 66900 has a total call value of 13,200,000 versus a total put value of 1,494,600,000 Combined total value = 1,507,800,000
Strike 67000 has a total call value of 15,400,000 versus a total put value of 1,427,400,000 Combined total value = 1,442,800,000
Strike 67100 has a total call value of 17,800,000 versus a total put value of 1,362,300,000 Combined total value = 1,380,100,000
Strike 67200 has a total call value of 20,200,000 versus a total put value of 1,297,400,000 Combined total value = 1,317,600,000
Strike 67300 has a total call value of 22,600,000 versus a total put value of 1,232,500,000 Combined total value = 1,255,100,000
Strike 67400 has a total call value of 25,000,000 versus a total put value of 1,167,600,000 Combined total value = 1,192,600,000
Strike 67500 has a total call value of 27,800,000 versus a total put value of 1,103,000,000 Combined total value = 1,130,800,000
Strike 67600 has a total call value of 32,800,000 versus a total put value of 1,039,100,000 Combined total value = 1,071,900,000
Strike 67700 has a total call value of 37,800,000 versus a total put value of 975,600,000 Combined total value = 1,013,400,000
Strike 67800 has a total call value of 42,800,000 versus a total put value of 912,100,000 Combined total value = 954,900,000
Strike 67900 has a total call value of 47,800,000 versus a total put value of 849,200,000 Combined total value = 897,000,000
Strike 68000 has a total call value of 53,000,000 versus a total put value of 786,600,000 Combined total value = 839,600,000
Strike 68100 has a total call value of 70,600,000 versus a total put value of 737,900,000 Combined total value = 808,500,000
Strike 68200 has a total call value of 88,200,000 versus a total put value of 689,500,000 Combined total value = 777,700,000
Strike 68300 has a total call value of 105,800,000 versus a total put value of 647,300,000 Combined total value = 753,100,000
Strike 68400 has a total call value of 123,400,000 versus a total put value of 605,100,000 Combined total value = 728,500,000
Strike 68500 has a total call value of 141,000,000 versus a total put value of 562,900,000 Combined total value = 703,900,000
Strike 68600 has a total call value of 164,900,000 versus a total put value of 521,900,000 Combined total value = 686,800,000
Strike 68700 has a total call value of 188,800,000 versus a total put value of 480,900,000 Combined total value = 669,700,000
Strike 68800 has a total call value of 212,700,000 versus a total put value of 439,900,000 Combined total value = 652,600,000
Strike 68900 has a total call value of 236,600,000 versus a total put value of 398,900,000 Combined total value = 635,500,000
Strike 69000 has a total call value of 260,500,000 versus a total put value of 357,900,000 Combined total value = 618,400,000
Strike 69100 has a total call value of 290,800,000 versus a total put value of 324,500,000 Combined total value = 615,300,000
Strike 69200 has a total call value of 321,100,000 versus a total put value of 291,100,000 Combined total value = 612,200,000
Strike 69300 has a total call value of 351,400,000 versus a total put value of 257,700,000 Combined total value = 609,100,000
Strike 69400 has a total call value of 381,700,000 versus a total put value of 224,300,000 Combined total value = 606,000,000
Strike 69500 has a total call value of 412,000,000 versus a total put value of 190,900,000 Combined total value = 602,900,000
Strike 69600 has a total call value of 445,800,000 versus a total put value of 159,100,000 Combined total value = 604,900,000
Strike 69700 has a total call value of 479,600,000 versus a total put value of 127,700,000 Combined total value = 607,300,000
Strike 69800 has a total call value of 513,400,000 versus a total put value of 96,600,000 Combined total value = 610,000,000
Strike 69900 has a total call value of 547,200,000 versus a total put value of 65,500,000 Combined total value = 612,700,000
Strike 70000 has a total call value of 581,000,000 versus a total put value of 34,800,000 Combined total value = 615,800,000
Strike 70100 has a total call value of 625,500,000 versus a total put value of 29,200,000 Combined total value = 654,700,000
Strike 70200 has a total call value of 670,000,000 versus a total put value of 23,600,000 Combined total value = 693,600,000
Strike 70300 has a total call value of 714,500,000 versus a total put value of 18,000,000 Combined total value = 732,500,000
Strike 70400 has a total call value of 759,000,000 versus a total put value of 12,400,000 Combined total value = 771,400,000
Strike 70500 has a total call value of 803,500,000 versus a total put value of 10,600,000 Combined total value = 814,100,000
Strike 70600 has a total call value of 851,300,000 versus a total put value of 8,800,000 Combined total value = 860,100,000
Strike 70700 has a total call value of 899,100,000 versus a total put value of 7,000,000 Combined total value = 906,100,000
Strike 70800 has a total call value of 946,900,000 versus a total put value of 5,200,000 Combined total value = 952,100,000
Strike 70900 has a total call value of 994,700,000 versus a total put value of 3,700,000 Combined total value = 998,400,000
Strike 71000 has a total call value of 1,042,500,000 versus a total put value of 3,300,000 Combined total value = 1,045,800,000
Strike 71100 has a total call value of 1,106,200,000 versus a total put value of 2,900,000 Combined total value = 1,109,100,000
Strike 71200 has a total call value of 1,169,900,000 versus a total put value of 2,500,000 Combined total value = 1,172,400,000
Strike 71300 has a total call value of 1,233,600,000 versus a total put value of 2,100,000 Combined total value = 1,235,700,000
Strike 71400 has a total call value of 1,297,500,000 versus a total put value of 1,800,000 Combined total value = 1,299,300,000
Strike 71500 has a total call value of 1,361,600,000 versus a total put value of 1,600,000 Combined total value = 1,363,200,000
Strike 71600 has a total call value of 1,426,900,000 versus a total put value of 1,400,000 Combined total value = 1,428,300,000
Strike 71700 has a total call value of 1,492,300,000 versus a total put value of 1,300,000 Combined total value = 1,493,600,000
Strike 71800 has a total call value of 1,557,800,000 versus a total put value of 1,200,000 Combined total value = 1,559,000,000
Strike 71900 has a total call value of 1,623,400,000 versus a total put value of 1,100,000 Combined total value = 1,624,500,000
Strike 72000 has a total call value of 1,689,200,000 versus a total put value of 1,000,000 Combined total value = 1,690,200,000
Strike 72100 has a total call value of 1,755,800,000 versus a total put value of 900,000 Combined total value = 1,756,700,000
Strike 72200 has a total call value of 1,822,400,000 versus a total put value of 800,000 Combined total value = 1,823,200,000
Strike 72300 has a total call value of 1,889,000,000 versus a total put value of 700,000 Combined total value = 1,889,700,000
Strike 72400 has a total call value of 1,955,600,000 versus a total put value of 600,000 Combined total value = 1,956,200,000
Strike 72500 has a total call value of 2,022,200,000 versus a total put value of 500,000 Combined total value = 2,022,700,000
Strike 72600 has a total call value of 2,088,900,000 versus a total put value of 400,000 Combined total value = 2,089,300,000
Strike 72700 has a total call value of 2,155,600,000 versus a total put value of 300,000 Combined total value = 2,155,900,000
Strike 72800 has a total call value of 2,222,300,000 versus a total put value of 200,000 Combined total value = 2,222,500,000
Strike 72900 has a total call value of 2,289,000,000 versus a total put value of 100,000 Combined total value = 2,289,100,000
Strike 73000 has a total call value of 2,355,700,000 versus a total put value of 0 Combined total value = 2,355,700,000
Strike 73100 has a total call value of 2,427,500,000 versus a total put value of 0 Combined total value = 2,427,500,000
Strike 73200 has a total call value of 2,499,300,000 versus a total put value of 0 Combined total value = 2,499,300,000
Strike 73300 has a total call value of 2,571,100,000 versus a total put value of 0 Combined total value = 2,571,100,000
Strike 73400 has a total call value of 2,642,900,000 versus a total put value of 0 Combined total value = 2,642,900,000
Strike 73500 has a total call value of 2,714,700,000 versus a total put value of 0 Combined total value = 2,714,700,000
Strike 73600 has a total call value of 2,786,500,000 versus a total put value of 0 Combined total value = 2,786,500,000
Strike 73700 has a total call value of 2,858,300,000 versus a total put value of 0 Combined total value = 2,858,300,000
Strike 73800 has a total call value of 2,930,100,000 versus a total put value of 0 Combined total value = 2,930,100,000
Strike 73900 has a total call value of 3,001,900,000 versus a total put value of 0 Combined total value = 3,001,900,000
Strike 74000 has a total call value of 3,073,700,000 versus a total put value of 0 Combined total value = 3,073,700,000
Strike 74100 has a total call value of 3,145,500,000 versus a total put value of 0 Combined total value = 3,145,500,000
Strike 74200 has a total call value of 3,217,300,000 versus a total put value of 0 Combined total value = 3,217,300,000
Strike 74300 has a total call value of 3,289,100,000 versus a total put value of 0 Combined total value = 3,289,100,000
Strike 74400 has a total call value of 3,360,900,000 versus a total put value of 0 Combined total value = 3,360,900,000
Strike 74500 has a total call value of 3,432,700,000 versus a total put value of 0 Combined total value = 3,432,700,000
Strike 74600 has a total call value of 3,504,500,000 versus a total put value of 0 Combined total value = 3,504,500,000
Strike 74700 has a total call value of 3,576,300,000 versus a total put value of 0 Combined total value = 3,576,300,000
Strike 74800 has a total call value of 3,648,100,000 versus a total put value of 0 Combined total value = 3,648,100,000
Strike 74900 has a total call value of 3,719,900,000 versus a total put value of 0 Combined total value = 3,719,900,000
Strike 75000 has a total call value of 3,791,700,000 versus a total put value of 0 Combined total value = 3,791,700,000
Strike 75100 has a total call value of 3,863,600,000 versus a total put value of 0 Combined total value = 3,863,600,000
Strike 75200 has a total call value of 3,935,500,000 versus a total put value of 0 Combined total value = 3,935,500,000
Strike 75300 has a total call value of 4,007,400,000 versus a total put value of 0 Combined total value = 4,007,400,000
Strike 75400 has a total call value of 4,079,300,000 versus a total put value of 0 Combined total value = 4,079,300,000
Strike 75500 has a total call value of 4,151,300,000 versus a total put value of 0 Combined total value = 4,151,300,000
Strike 75600 has a total call value of 4,223,400,000 versus a total put value of 0 Combined total value = 4,223,400,000
Strike 75700 has a total call value of 4,295,500,000 versus a total put value of 0 Combined total value = 4,295,500,000
Strike 75800 has a total call value of 4,367,600,000 versus a total put value of 0 Combined total value = 4,367,600,000
Strike 75900 has a total call value of 4,439,800,000 versus a total put value of 0 Combined total value = 4,439,800,000
Strike 76000 has a total call value of 4,512,000,000 versus a total put value of 0 Combined total value = 4,512,000,000
Strike 76100 has a total call value of 4,584,300,000 versus a total put value of 0 Combined total value = 4,584,300,000
Strike 76200 has a total call value of 4,656,600,000 versus a total put value of 0 Combined total value = 4,656,600,000
Strike 76300 has a total call value of 4,728,900,000 versus a total put value of 0 Combined total value = 4,728,900,000
Strike 76400 has a total call value of 4,801,200,000 versus a total put value of 0 Combined total value = 4,801,200,000
Strike 76500 has a total call value of 4,873,500,000 versus a total put value of 0 Combined total value = 4,873,500,000
Strike 76600 has a total call value of 4,945,800,000 versus a total put value of 0 Combined total value = 4,945,800,000
Strike 76700 has a total call value of 5,018,100,000 versus a total put value of 0 Combined total value = 5,018,100,000
Strike 76800 has a total call value of 5,090,400,000 versus a total put value of 0 Combined total value = 5,090,400,000
Strike 76900 has a total call value of 5,162,700,000 versus a total put value of 0 Combined total value = 5,162,700,000
Strike 77000 has a total call value of 5,235,000,000 versus a total put value of 0 Combined total value = 5,235,000,000
Strike 77100 has a total call value of 5,307,300,000 versus a total put value of 0 Combined total value = 5,307,300,000
Strike 77200 has a total call value of 5,379,600,000 versus a total put value of 0 Combined total value = 5,379,600,000
Strike 77300 has a total call value of 5,451,900,000 versus a total put value of 0 Combined total value = 5,451,900,000
Strike 77400 has a total call value of 5,524,200,000 versus a total put value of 0 Combined total value = 5,524,200,000
Strike 77500 has a total call value of 5,596,500,000 versus a total put value of 0 Combined total value = 5,596,500,000
Strike 77600 has a total call value of 5,668,800,000 versus a total put value of 0 Combined total value = 5,668,800,000
Strike 77700 has a total call value of 5,741,100,000 versus a total put value of 0 Combined total value = 5,741,100,000
Strike 77800 has a total call value of 5,813,400,000 versus a total put value of 0 Combined total value = 5,813,400,000
Strike 77900 has a total call value of 5,885,700,000 versus a total put value of 0 Combined total value = 5,885,700,000
Strike 78000 has a total call value of 5,958,000,000 versus a total put value of 0 Combined total value = 5,958,000,000
Strike 78100 has a total call value of 6,030,300,000 versus a total put value of 0 Combined total value = 6,030,300,000
Strike 78200 has a total call value of 6,102,600,000 versus a total put value of 0 Combined total value = 6,102,600,000
Strike 78300 has a total call value of 6,174,900,000 versus a total put value of 0 Combined total value = 6,174,900,000
Strike 78400 has a total call value of 6,247,200,000 versus a total put value of 0 Combined total value = 6,247,200,000
Strike 78500 has a total call value of 6,319,500,000 versus a total put value of 0 Combined total value = 6,319,500,000
Strike 78600 has a total call value of 6,391,800,000 versus a total put value of 0 Combined total value = 6,391,800,000
Strike 78700 has a total call value of 6,464,100,000 versus a total put value of 0 Combined total value = 6,464,100,000
Strike 78800 has a total call value of 6,536,400,000 versus a total put value of 0 Combined total value = 6,536,400,000
Strike 78900 has a total call value of 6,608,700,000 versus a total put value of 0 Combined total value = 6,608,700,000
Strike 79000 has a total call value of 6,681,000,000 versus a total put value of 0 Combined total value = 6,681,000,000
Strike 79100 has a total call value of 6,754,000,000 versus a total put value of 0 Combined total value = 6,754,000,000
Strike 79200 has a total call value of 6,827,000,000 versus a total put value of 0 Combined total value = 6,827,000,000
Strike 79300 has a total call value of 6,900,000,000 versus a total put value of 0 Combined total value = 6,900,000,000
Strike 79400 has a total call value of 6,973,000,000 versus a total put value of 0 Combined total value = 6,973,000,000
Strike 79500 has a total call value of 7,046,000,000 versus a total put value of 0 Combined total value = 7,046,000,000
Strike 79600 has a total call value of 7,120,100,000 versus a total put value of 0 Combined total value = 7,120,100,000
Strike 79700 has a total call value of 7,195,200,000 versus a total put value of 0 Combined total value = 7,195,200,000
Strike 79800 has a total call value of 7,320,600,000 versus a total put value of 0 Combined total value = 7,320,600,000
Strike 79900 has a total call value of 7,451,500,000 versus a total put value of 0 Combined total value = 7,451,500,000
Strike 80000 has a total call value of 7,582,400,000 versus a total put value of 0 Combined total value = 7,582,400,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 425.6 | 470 |
| ABB | 6760.8 | 7000 |
| ABBOTINDIA | 27114.7 | 28000 |
| ABCAPITAL | 183.01 | 200 |
| ABFRL | 284.4 | 305 |
| ACC | 2027.2 | 2220 |
| ADANIENT | 2183.65 | 2500 |
| ADANIPORTS | 1114.65 | 1200 |
| ALKEM | 5604.75 | 5600 |
| AMBUJACEM | 484.15 | 530 |
| APOLLOHOSP | 6742.5 | 6900 |
| APOLLOTYRE | 481.3 | 480 |
| ASHOKLEY | 218.9 | 220 |
| ASIANPAINT | 2428.15 | 2540 |
| ASTRAL | 1713.9 | 1780 |
| ATUL | 7241.95 | 7500 |
| AUBANK | 593.9 | 590 |
| AUROPHARMA | 1220 | 1300 |
| AXISBANK | 1139.15 | 1150 |
| BAJAJ-AUTO | 9505 | 9700 |
| BAJAJFINSV | 1569.25 | 1620 |
| BAJFINANCE | 6465.65 | 6700 |
| BALKRISIND | 2721.95 | 2800 |
| BANDHANBNK | 165.86 | 180 |
| BANKBARODA | 228.5 | 240 |
| BATAINDIA | 1281.55 | 1310 |
| BEL | 275.45 | 285 |
| BERGEPAINT | 465.5 | 495 |
| BHARATFORG | 1296.2 | 1340 |
| BHARTIARTL | 1525.15 | 1560 |
| BHEL | 227.94 | 235 |
| BIOCON | 323.1 | 330 |
| BOSCHLTD | 34108.7 | 34000 |
| BPCL | 282.4 | 295 |
| BRITANNIA | 4803.35 | 5000 |
| BSOFT | 545.4 | 560 |
| CANBK | 94.46 | 100 |
| CANFINHOME | 822.65 | 830 |
| CHAMBLFERT | 455.4 | 480 |
| CHOLAFIN | 1204.9 | 1260 |
| CIPLA | 1465.5 | 1520 |
| COALINDIA | 406 | 425 |
| COFORGE | 8210.1 | 8000 |
| COLPAL | 2690.3 | 2850 |
| CONCOR | 769.95 | 810 |
| COROMANDEL | 1768 | 1720 |
| CROMPTON | 381.95 | 390 |
| CUB | 170.09 | 175 |
| CUMMINSIND | 3282.25 | 3400 |
| DABUR | 505.75 | 525 |
| DALBHARAT | 1771.6 | 1760 |
| DEEPAKNTR | 2619.2 | 2650 |
| DIVISLAB | 5977.1 | 5900 |
| DIXON | 14995.45 | 14750 |
| DLF | 773.95 | 780 |
| DRREDDY | 1195.35 | 1220 |
| EICHERMOT | 4882.1 | 4900 |
| ESCORTS | 3454.4 | 3600 |
| EXIDEIND | 415.35 | 440 |
| FEDERALBNK | 210.88 | 205 |
| GAIL | 188.3 | 195 |
| GLENMARK | 1466.4 | 1540 |
| GMRINFRA | 76.85 | 82 |
| GNFC | 555.55 | 570 |
| GODREJCP | 1178.7 | 1200 |
| GODREJPROP | 2704.8 | 2750 |
| GRANULES | 544.85 | 570 |
| GRASIM | 2534.85 | 2540 |
| GUJGASLTD | 453.6 | 480 |
| HAL | 3983.45 | 4200 |
| HAVELLS | 1636.1 | 1640 |
| HCLTECH | 1836.35 | 1820 |
| HDFCAMC | 4214.1 | 4300 |
| HDFCBANK | 1741.2 | 1740 |
| HDFCLIFE | 674.4 | 680 |
| HEROMOTOCO | 4767.85 | 4800 |
| HINDALCO | 648.05 | 650 |
| HINDCOPPER | 261.5 | 290 |
| HINDPETRO | 360.1 | 375 |
| HINDUNILVR | 2382.8 | 2480 |
| ICICIBANK | 1250.55 | 1260 |
| ICICIGI | 1804.7 | 1880 |
| ICICIPRULI | 678.55 | 700 |
| IDEA | 6.91 | 8 |
| IDFCFIRSTB | 62.94 | 66 |
| IEX | 161.33 | 170 |
| IGL | 311.4 | 330 |
| INDHOTEL | 786.8 | 760 |
| INDIAMART | 2253.95 | 2350 |
| INDIGO | 4069.8 | 4050 |
| INDUSINDBK | 981.45 | 1040 |
| INDUSTOWER | 329.1 | 340 |
| INFY | 1834.05 | 1800 |
| IOC | 130.71 | 140 |
| IPCALAB | 1573.55 | 1560 |
| IRCTC | 793.85 | 830 |
| ITC | 457.15 | 475 |
| JINDALSTEL | 871.2 | 900 |
| JKCEMENT | 4003 | 4000 |
| JSWSTEEL | 944.15 | 960 |
| JUBLFOOD | 610.2 | 620 |
| KOTAKBANK | 1737.1 | 1760 |
| LALPATHLAB | 3026.1 | 3100 |
| LAURUSLABS | 489.15 | 490 |
| LICHSGFIN | 611.25 | 630 |
| LT | 3483.5 | 3600 |
| LTF | 137.74 | 140 |
| LTIM | 5931.05 | 5900 |
| LTTS | 5165.7 | 5150 |
| LUPIN | 2043 | 2100 |
| M&M | 2936.25 | 2900 |
| M&MFIN | 256.25 | 265 |
| MANAPPURAM | 150.29 | 155 |
| MARICO | 591.05 | 600 |
| MARUTI | 10861.45 | 11000 |
| MCX | 6166.5 | 6200 |
| METROPOLIS | 2015.75 | 2060 |
| MFSL | 1173.5 | 1200 |
| MGL | 1125.35 | 1160 |
| MOTHERSON | 161.84 | 175 |
| MPHASIS | 2786.2 | 2850 |
| MRF | 123509.9 | 122500 |
| MUTHOOTFIN | 1899.55 | 1880 |
| NATIONALUM | 248.21 | 240 |
| NAUKRI | 7515.35 | 7700 |
| NAVINFLUOR | 3262.45 | 3400 |
| NESTLEIND | 2211.2 | 2280 |
| NMDC | 217.63 | 225 |
| NTPC | 356.15 | 370 |
| OBEROIRLTY | 1917.35 | 1960 |
| OFSS | 11141.9 | 11500 |
| ONGC | 242.15 | 250 |
| PAGEIND | 44447.7 | 45500 |
| PEL | 1054.95 | 1060 |
| PERSISTENT | 5725.5 | 5600 |
| PETRONET | 321.85 | 328 |
| PFC | 453.35 | 460 |
| PIDILITIND | 2938.05 | 3060 |
| PIIND | 4138.7 | 4200 |
| PNB | 96.37 | 102 |
| POLYCAB | 6408.35 | 6500 |
| POWERGRID | 325.9 | 320 |
| PVRINOX | 1445.2 | 1480 |
| RAMCOCEM | 914.95 | 900 |
| RBLBANK | 156.23 | 160 |
| RECLTD | 490.95 | 510 |
| RELIANCE | 1223 | 1290 |
| SAIL | 110.59 | 117.5 |
| SBICARD | 675.05 | 690 |
| SBILIFE | 1477.95 | 1520 |
| SBIN | 780.75 | 800 |
| SHREECEM | 24052.85 | 24500 |
| SHRIRAMFIN | 2802.2 | 2900 |
| SIEMENS | 6641.65 | 6800 |
| SRF | 2143.65 | 2260 |
| SUNPHARMA | 1780 | 1800 |
| SUNTV | 728.05 | 730 |
| SYNGENE | 846.9 | 870 |
| TATACHEM | 1045.1 | 1100 |
| TATACOMM | 1711.55 | 1780 |
| TATACONSUM | 911.7 | 950 |
| TATAMOTORS | 773.85 | 800 |
| TATAPOWER | 408.05 | 420 |
| TATASTEEL | 140.22 | 145 |
| TCS | 4072.85 | 4100 |
| TECHM | 1702.25 | 1680 |
| TITAN | 3178.45 | 3200 |
| TORNTPHARM | 3101.95 | 3150 |
| TRENT | 6460.45 | 6600 |
| TVSMOTOR | 2388.45 | 2450 |
| UBL | 1827.95 | 1880 |
| ULTRACEMCO | 10954.85 | 11000 |
| UNITDSPR | 1493.05 | 1480 |
| UPL | 555.75 | 540 |
| VEDL | 442.8 | 460 |
| VOLTAS | 1675.5 | 1700 |
| WIPRO | 557.15 | 560 |
| ZYDUSLIFE | 944.05 | 980 |
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.
