NMDC
Nmdc Ltd.
Max pain for NMDC
14 Jan 2025 03:51 PM IST
Max Pain for NMDC is 67
Strike 54 has a total call value of 0 versus a total put value of 115,392,600,000 Combined total value = 115,392,600,000
Strike 55 has a total call value of 0 versus a total put value of 105,984,450,000 Combined total value = 105,984,450,000
Strike 56 has a total call value of 0 versus a total put value of 96,592,500,000 Combined total value = 96,592,500,000
Strike 56.65 has a total call value of 1,755,000 versus a total put value of 90,613,215,000 Combined total value = 90,614,970,000
Strike 57 has a total call value of 2,700,000 versus a total put value of 87,489,045,000 Combined total value = 87,491,745,000
Strike 58 has a total call value of 5,400,000 versus a total put value of 78,677,595,000 Combined total value = 78,682,995,000
Strike 58.35 has a total call value of 14,850,000 versus a total put value of 75,672,967,500 Combined total value = 75,687,817,500
Strike 59 has a total call value of 32,400,000 versus a total put value of 70,092,945,000 Combined total value = 70,125,345,000
Strike 60 has a total call value of 89,100,000 versus a total put value of 61,709,445,000 Combined total value = 61,798,545,000
Strike 61 has a total call value of 352,350,000 versus a total put value of 54,227,745,000 Combined total value = 54,580,095,000
Strike 61.65 has a total call value of 629,640,000 versus a total put value of 49,531,365,000 Combined total value = 50,161,005,000
Strike 62 has a total call value of 778,950,000 versus a total put value of 47,104,605,000 Combined total value = 47,883,555,000
Strike 63 has a total call value of 1,468,800,000 versus a total put value of 40,720,455,000 Combined total value = 42,189,255,000
Strike 63.35 has a total call value of 1,834,987,500 versus a total put value of 38,623,027,500 Combined total value = 40,458,015,000
Strike 64 has a total call value of 2,515,050,000 versus a total put value of 34,926,997,500 Combined total value = 37,442,047,500
Strike 65 has a total call value of 3,834,000,000 versus a total put value of 29,898,247,500 Combined total value = 33,732,247,500
Strike 66 has a total call value of 6,093,900,000 versus a total put value of 25,563,397,500 Combined total value = 31,657,297,500
Strike 66.65 has a total call value of 7,859,430,000 versus a total put value of 22,877,370,000 Combined total value = 30,736,800,000
Strike 67 has a total call value of 8,926,807,500 versus a total put value of 21,588,862,500 Combined total value = 30,515,670,000
Strike 68 has a total call value of 12,386,857,500 versus a total put value of 18,286,762,500 Combined total value = 30,673,620,000
Strike 68.35 has a total call value of 13,791,600,000 versus a total put value of 17,178,277,500 Combined total value = 30,969,877,500
Strike 69 has a total call value of 16,617,150,000 versus a total put value of 15,317,977,500 Combined total value = 31,935,127,500
Strike 70 has a total call value of 21,293,550,000 versus a total put value of 12,545,077,500 Combined total value = 33,838,627,500
Strike 71 has a total call value of 27,391,500,000 versus a total put value of 10,371,577,500 Combined total value = 37,763,077,500
Strike 71.65 has a total call value of 31,559,625,000 versus a total put value of 8,958,802,500 Combined total value = 40,518,427,500
Strike 72 has a total call value of 34,009,065,000 versus a total put value of 8,304,862,500 Combined total value = 42,313,927,500
Strike 73 has a total call value of 41,376,015,000 versus a total put value of 6,466,162,500 Combined total value = 47,842,177,500
Strike 73.35 has a total call value of 44,073,517,500 versus a total put value of 5,828,760,000 Combined total value = 49,902,277,500
Strike 74 has a total call value of 49,739,535,000 versus a total put value of 4,950,382,500 Combined total value = 54,689,917,500
Strike 75 has a total call value of 58,733,235,000 versus a total put value of 3,599,032,500 Combined total value = 62,332,267,500
Strike 76 has a total call value of 69,283,485,000 versus a total put value of 2,505,532,500 Combined total value = 71,789,017,500
Strike 76.65 has a total call value of 76,242,060,000 versus a total put value of 1,794,757,500 Combined total value = 78,036,817,500
Strike 77 has a total call value of 80,322,097,500 versus a total put value of 1,596,307,500 Combined total value = 81,918,405,000
Strike 78 has a total call value of 91,979,347,500 versus a total put value of 1,029,307,500 Combined total value = 93,008,655,000
Strike 78.35 has a total call value of 96,131,677,500 versus a total put value of 830,857,500 Combined total value = 96,962,535,000
Strike 79 has a total call value of 104,128,335,000 versus a total put value of 543,915,000 Combined total value = 104,672,250,000
Strike 80 has a total call value of 116,430,885,000 versus a total put value of 102,465,000 Combined total value = 116,533,350,000
Strike 81 has a total call value of 129,948,435,000 versus a total put value of 40,365,000 Combined total value = 129,988,800,000
Strike 81.65 has a total call value of 138,734,842,500 versus a total put value of 0 Combined total value = 138,734,842,500
Strike 82 has a total call value of 143,548,200,000 versus a total put value of 0 Combined total value = 143,548,200,000
Strike 83 has a total call value of 157,300,650,000 versus a total put value of 0 Combined total value = 157,300,650,000
Strike 83.35 has a total call value of 162,114,007,500 versus a total put value of 0 Combined total value = 162,114,007,500
Strike 84 has a total call value of 172,512,382,500 versus a total put value of 0 Combined total value = 172,512,382,500
Strike 85 has a total call value of 188,509,882,500 versus a total put value of 0 Combined total value = 188,509,882,500
Strike 86 has a total call value of 204,507,382,500 versus a total put value of 0 Combined total value = 204,507,382,500
Strike 86.65 has a total call value of 214,905,757,500 versus a total put value of 0 Combined total value = 214,905,757,500
Strike 87 has a total call value of 220,504,882,500 versus a total put value of 0 Combined total value = 220,504,882,500
Strike 88 has a total call value of 236,502,382,500 versus a total put value of 0 Combined total value = 236,502,382,500
Strike 88.35 has a total call value of 242,101,507,500 versus a total put value of 0 Combined total value = 242,101,507,500
Strike 89 has a total call value of 252,499,882,500 versus a total put value of 0 Combined total value = 252,499,882,500
Strike 90 has a total call value of 268,497,382,500 versus a total put value of 0 Combined total value = 268,497,382,500
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 409.35 | 420 |
| ABB | 6146.6 | 6600 |
| ABBOTINDIA | 28235.55 | 29000 |
| ABCAPITAL | 174.37 | 182.5 |
| ABFRL | 270.1 | 280 |
| ACC | 1946.25 | 2080 |
| ADANIENSOL | 771.3 | 780 |
| ADANIENT | 2380.55 | 2500 |
| ADANIGREEN | 1006.85 | 1000 |
| ADANIPORTS | 1117.1 | 1180 |
| ALKEM | 5264.8 | 5450 |
| AMBUJACEM | 515.35 | 550 |
| ANGELONE | 2370.55 | 2500 |
| APLAPOLLO | 1466.9 | 1520 |
| APOLLOHOSP | 6706.85 | 7050 |
| APOLLOTYRE | 452.8 | 470 |
| ASHOKLEY | 210.05 | 220 |
| ASIANPAINT | 2239.95 | 2300 |
| ASTRAL | 1493.5 | 1600 |
| ATGL | 669.8 | 670 |
| ATUL | 6736.9 | 6900 |
| AUBANK | 575.1 | 565 |
| AUROPHARMA | 1174.5 | 1220 |
| AXISBANK | 1051.65 | 1080 |
| BAJAJ-AUTO | 8611.2 | 8900 |
| BAJAJFINSV | 1713.5 | 1660 |
| BAJFINANCE | 7335 | 7200 |
| BALKRISIND | 2705.35 | 2800 |
| BANDHANBNK | 147.94 | 160 |
| BANKBARODA | 223.72 | 240 |
| BANKINDIA | 94.62 | 98 |
| BATAINDIA | 1343.55 | 1380 |
| BEL | 269.9 | 280 |
| BERGEPAINT | 462.45 | 460 |
| BHARATFORG | 1190.4 | 1260 |
| BHARTIARTL | 1600.1 | 1600 |
| BHEL | 197.1 | 220 |
| BIOCON | 387.65 | 375 |
| BOSCHLTD | 31621.7 | 33000 |
| BPCL | 270.2 | 280 |
| BRITANNIA | 4862.4 | 4850 |
| BSE | 5448.85 | 5300 |
| BSOFT | 532.9 | 560 |
| CAMS | 4219.6 | 4600 |
| CANBK | 93.22 | 98 |
| CANFINHOME | 670.8 | 700 |
| CDSL | 1572.5 | 1700 |
| CESC | 153.69 | 160 |
| CGPOWER | 640.15 | 670 |
| CHAMBLFERT | 475.05 | 490 |
| CHOLAFIN | 1270.7 | 1260 |
| CIPLA | 1447.75 | 1500 |
| COALINDIA | 369.25 | 385 |
| COFORGE | 8592.4 | 9000 |
| COLPAL | 2713.3 | 2780 |
| CONCOR | 761.75 | 780 |
| COROMANDEL | 1835.3 | 1880 |
| CROMPTON | 357.2 | 370 |
| CUB | 167.4 | 170 |
| CUMMINSIND | 2940.95 | 3150 |
| CYIENT | 1713.45 | 1720 |
| DABUR | 512.5 | 515 |
| DALBHARAT | 1729 | 1740 |
| DEEPAKNTR | 2340.85 | 2450 |
| DELHIVERY | 324 | 335 |
| DIVISLAB | 5990.3 | 5900 |
| DIXON | 16274.9 | 17000 |
| DLF | 723.25 | 770 |
| DMART | 3476.5 | 3700 |
| DRREDDY | 1337.55 | 1350 |
| EICHERMOT | 5029.55 | 5000 |
| ESCORTS | 3439 | 3300 |
| EXIDEIND | 382.25 | 410 |
| FEDERALBNK | 192.56 | 197.5 |
| GAIL | 175.96 | 190 |
| GLENMARK | 1515.95 | 1560 |
| GMRAIRPORT | 72.2 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 535.15 | 550 |
| GODREJCP | 1140.45 | 1140 |
| GODREJPROP | 2307.95 | 2500 |
| GRANULES | 583.75 | 590 |
| GRASIM | 2310.6 | 2480 |
| GUJGASLTD | 487.05 | 495 |
| HAL | 3828.35 | 4100 |
| HAVELLS | 1525 | 1600 |
| HCLTECH | 1813.55 | 1840 |
| HDFCAMC | 3865.05 | 3900 |
| HDFCBANK | 1646.6 | 1700 |
| HDFCLIFE | 600.45 | 620 |
| HEROMOTOCO | 4102.65 | 4200 |
| HFCL | 98.07 | 105 |
| HINDALCO | 590.9 | 600 |
| HINDCOPPER | 226.08 | 250 |
| HINDPETRO | 373.25 | 390 |
| HINDUNILVR | 2367.95 | 2400 |
| HUDCO | 214.29 | 220 |
| ICICIBANK | 1240.3 | 1270 |
| ICICIGI | 1831.2 | 1860 |
| ICICIPRULI | 642.15 | 660 |
| IDEA | 8.25 | 8 |
| IDFCFIRSTB | 61.94 | 63 |
| IEX | 166.83 | 177.5 |
| IGL | 411.25 | 410 |
| INDHOTEL | 781.4 | 800 |
| INDIAMART | 2254.7 | 2300 |
| INDIANB | 505.8 | 520 |
| INDIGO | 3995 | 4300 |
| INDUSINDBK | 962.1 | 980 |
| INDUSTOWER | 340.3 | 340 |
| INFY | 1940.05 | 1940 |
| IOC | 126.63 | 135 |
| IPCALAB | 1588.15 | 1640 |
| IRB | 51.27 | 55 |
| IRCTC | 757.75 | 790 |
| IRFC | 135.55 | 135 |
| ITC | 436.6 | 445 |
| JINDALSTEL | 909.9 | 940 |
| JIOFIN | 272.85 | 285 |
| JKCEMENT | 4388.55 | 4500 |
| JSL | 625.45 | 630 |
| JSWENERGY | 547.85 | 570 |
| JSWSTEEL | 906.05 | 920 |
| JUBLFOOD | 708.9 | 730 |
| KALYANKJIL | 596.4 | 640 |
| KEI | 4020.3 | 4200 |
| KOTAKBANK | 1750.6 | 1800 |
| KPITTECH | 1323.95 | 1400 |
| LALPATHLAB | 2803.05 | 2950 |
| LAURUSLABS | 568 | 590 |
| LICHSGFIN | 552.4 | 590 |
| LICI | 825.4 | 860 |
| LODHA | 1144.15 | 1260 |
| LT | 3462.6 | 3600 |
| LTF | 133.73 | 137.5 |
| LTIM | 5751.9 | 5800 |
| LTTS | 4706.55 | 4800 |
| LUPIN | 2154.6 | 2240 |
| M&M | 3049.5 | 3100 |
| M&MFIN | 266.8 | 270 |
| MANAPPURAM | 178.71 | 190 |
| MARICO | 661.1 | 660 |
| MARUTI | 11741.15 | 11600 |
| MAXHEALTH | 1084.9 | 1140 |
| MCX | 5694.05 | 6000 |
| METROPOLIS | 1872.05 | 2000 |
| MFSL | 1051.4 | 1100 |
| MGL | 1269.65 | 1280 |
| MOTHERSON | 145.58 | 155 |
| MPHASIS | 2780.25 | 2900 |
| MRF | 114213.4 | 118000 |
| MUTHOOTFIN | 2123.85 | 2140 |
| NATIONALUM | 199.51 | 210 |
| NAUKRI | 7457.75 | 8000 |
| NAVINFLUOR | 3631.85 | 3650 |
| NCC | 246.5 | 260 |
| NESTLEIND | 2219.05 | 2200 |
| NHPC | 76.39 | 78 |
| NMDC | 63.36 | 67 |
| NTPC | 310.4 | 320 |
| NYKAA | 164.93 | 167.5 |
| OBEROIRLTY | 1975.25 | 2120 |
| OFSS | 10747.1 | 11500 |
| OIL | 465.15 | 460 |
| ONGC | 260.37 | 257.5 |
| PAGEIND | 46471.5 | 47000 |
| PAYTM | 817.9 | 860 |
| PEL | 1026.05 | 1080 |
| PERSISTENT | 5880.1 | 6200 |
| PETRONET | 325.5 | 335 |
| PFC | 417.4 | 440 |
| PIDILITIND | 2808.95 | 2900 |
| PIIND | 3463.2 | 3600 |
| PNB | 98.41 | 102 |
| POLICYBZR | 1743.85 | 1850 |
| POLYCAB | 6474.7 | 6800 |
| POONAWALLA | 308.85 | 315 |
| POWERGRID | 290.25 | 305 |
| PRESTIGE | 1426.3 | 1550 |
| PVRINOX | 1086.25 | 1180 |
| RAMCOCEM | 884.1 | 930 |
| RBLBANK | 153.92 | 160 |
| RECLTD | 476.15 | 500 |
| RELIANCE | 1238.75 | 1250 |
| SAIL | 105.88 | 112.5 |
| SBICARD | 734.7 | 730 |
| SBILIFE | 1499.25 | 1440 |
| SBIN | 748.15 | 780 |
| SHREECEM | 25130.2 | 25750 |
| SHRIRAMFIN | 544.1 | 570 |
| SIEMENS | 5863.45 | 6200 |
| SJVN | 94.04 | 100 |
| SONACOMS | 569.9 | 580 |
| SRF | 2509.75 | 2560 |
| SUNPHARMA | 1770.85 | 1820 |
| SUNTV | 658 | 680 |
| SUPREMEIND | 4366.05 | 4500 |
| SYNGENE | 827.5 | 850 |
| TATACHEM | 965.5 | 1020 |
| TATACOMM | 1676.9 | 1740 |
| TATACONSUM | 963.15 | 950 |
| TATAELXSI | 6084.8 | 6200 |
| TATAMOTORS | 770.5 | 780 |
| TATAPOWER | 356.95 | 380 |
| TATASTEEL | 126.93 | 135 |
| TCS | 4233.05 | 4200 |
| TECHM | 1647.5 | 1680 |
| TIINDIA | 3321.3 | 3500 |
| TITAN | 3322.5 | 3400 |
| TORNTPHARM | 3252.4 | 3350 |
| TRENT | 6161.15 | 6700 |
| TVSMOTOR | 2235 | 2320 |
| UBL | 1965.3 | 1980 |
| ULTRACEMCO | 10483.75 | 11100 |
| UNIONBANK | 104.08 | 110 |
| UNITDSPR | 1407.25 | 1500 |
| UPL | 541.85 | 537.2 |
| VBL | 566.3 | 600 |
| VEDL | 430.6 | 450 |
| VOLTAS | 1637.65 | 1720 |
| WIPRO | 292.85 | 295 |
| YESBANK | 18.02 | 19 |
| ZOMATO | 233.6 | 250 |
| ZYDUSLIFE | 1000.15 | 1000 |
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.
