NMDC
Nmdc Ltd.
Max pain for NMDC
24 Jan 2025 04:11 PM IST
Max Pain for NMDC is 68
Strike 55 has a total call value of 0 versus a total put value of 140,116,432,500 Combined total value = 140,116,432,500
Strike 56 has a total call value of 0 versus a total put value of 128,339,032,500 Combined total value = 128,339,032,500
Strike 56.65 has a total call value of 0 versus a total put value of 120,820,612,500 Combined total value = 120,820,612,500
Strike 57 has a total call value of 0 versus a total put value of 116,850,667,500 Combined total value = 116,850,667,500
Strike 58 has a total call value of 0 versus a total put value of 105,613,267,500 Combined total value = 105,613,267,500
Strike 58.35 has a total call value of 0 versus a total put value of 101,733,570,000 Combined total value = 101,733,570,000
Strike 59 has a total call value of 0 versus a total put value of 94,528,417,500 Combined total value = 94,528,417,500
Strike 60 has a total call value of 24,300,000 versus a total put value of 83,583,967,500 Combined total value = 83,608,267,500
Strike 61 has a total call value of 271,350,000 versus a total put value of 73,442,767,500 Combined total value = 73,714,117,500
Strike 61.65 has a total call value of 431,932,500 versus a total put value of 66,981,735,000 Combined total value = 67,413,667,500
Strike 62 has a total call value of 518,400,000 versus a total put value of 63,568,867,500 Combined total value = 64,087,267,500
Strike 63 has a total call value of 949,050,000 versus a total put value of 54,405,067,500 Combined total value = 55,354,117,500
Strike 63.35 has a total call value of 1,206,090,000 versus a total put value of 51,499,192,500 Combined total value = 52,705,282,500
Strike 64 has a total call value of 1,683,450,000 versus a total put value of 46,350,022,500 Combined total value = 48,033,472,500
Strike 65 has a total call value of 2,555,550,000 versus a total put value of 38,864,272,500 Combined total value = 41,419,822,500
Strike 66 has a total call value of 4,525,200,000 versus a total put value of 32,656,972,500 Combined total value = 37,182,172,500
Strike 66.65 has a total call value of 6,310,912,500 versus a total put value of 29,072,385,000 Combined total value = 35,383,297,500
Strike 67 has a total call value of 7,344,742,500 versus a total put value of 27,285,390,000 Combined total value = 34,630,132,500
Strike 68 has a total call value of 10,861,492,500 versus a total put value of 23,200,290,000 Combined total value = 34,061,782,500
Strike 68.35 has a total call value of 12,300,727,500 versus a total put value of 21,862,642,500 Combined total value = 34,163,370,000
Strike 69 has a total call value of 15,140,317,500 versus a total put value of 19,650,465,000 Combined total value = 34,790,782,500
Strike 70 has a total call value of 19,992,217,500 versus a total put value of 16,498,215,000 Combined total value = 36,490,432,500
Strike 71 has a total call value of 26,454,667,500 versus a total put value of 14,164,065,000 Combined total value = 40,618,732,500
Strike 71.65 has a total call value of 30,993,097,500 versus a total put value of 12,710,047,500 Combined total value = 43,703,145,000
Strike 72 has a total call value of 33,581,925,000 versus a total put value of 12,047,602,500 Combined total value = 45,629,527,500
Strike 73 has a total call value of 41,872,275,000 versus a total put value of 10,154,902,500 Combined total value = 52,027,177,500
Strike 73.35 has a total call value of 44,912,812,500 versus a total put value of 9,498,127,500 Combined total value = 54,410,940,000
Strike 74 has a total call value of 51,187,815,000 versus a total put value of 8,466,187,500 Combined total value = 59,654,002,500
Strike 75 has a total call value of 61,253,415,000 versus a total put value of 6,878,587,500 Combined total value = 68,132,002,500
Strike 76 has a total call value of 72,431,415,000 versus a total put value of 5,508,337,500 Combined total value = 77,939,752,500
Strike 76.65 has a total call value of 79,829,617,500 versus a total put value of 4,617,675,000 Combined total value = 84,447,292,500
Strike 77 has a total call value of 84,126,532,500 versus a total put value of 4,297,320,000 Combined total value = 88,423,852,500
Strike 78 has a total call value of 96,403,432,500 versus a total put value of 3,382,020,000 Combined total value = 99,785,452,500
Strike 78.35 has a total call value of 100,750,905,000 versus a total put value of 3,061,665,000 Combined total value = 103,812,570,000
Strike 79 has a total call value of 109,096,807,500 versus a total put value of 2,543,940,000 Combined total value = 111,640,747,500
Strike 80 has a total call value of 121,936,657,500 versus a total put value of 1,747,440,000 Combined total value = 123,684,097,500
Strike 81 has a total call value of 135,570,307,500 versus a total put value of 1,280,340,000 Combined total value = 136,850,647,500
Strike 81.65 has a total call value of 144,432,180,000 versus a total put value of 976,725,000 Combined total value = 145,408,905,000
Strike 82 has a total call value of 149,267,272,500 versus a total put value of 813,240,000 Combined total value = 150,080,512,500
Strike 83 has a total call value of 163,081,822,500 versus a total put value of 346,140,000 Combined total value = 163,427,962,500
Strike 83.35 has a total call value of 167,916,915,000 versus a total put value of 182,655,000 Combined total value = 168,099,570,000
Strike 84 has a total call value of 178,016,062,500 versus a total put value of 146,677,500 Combined total value = 178,162,740,000
Strike 85 has a total call value of 193,553,212,500 versus a total put value of 91,327,500 Combined total value = 193,644,540,000
Strike 86 has a total call value of 209,090,362,500 versus a total put value of 35,977,500 Combined total value = 209,126,340,000
Strike 86.65 has a total call value of 219,189,510,000 versus a total put value of 0 Combined total value = 219,189,510,000
Strike 87 has a total call value of 224,976,690,000 versus a total put value of 0 Combined total value = 224,976,690,000
Strike 88 has a total call value of 241,511,490,000 versus a total put value of 0 Combined total value = 241,511,490,000
Strike 88.35 has a total call value of 247,298,670,000 versus a total put value of 0 Combined total value = 247,298,670,000
Strike 89 has a total call value of 258,046,290,000 versus a total put value of 0 Combined total value = 258,046,290,000
Strike 90 has a total call value of 274,581,090,000 versus a total put value of 0 Combined total value = 274,581,090,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 439.05 | 435 |
ABB | 6178.9 | 6400 |
ABBOTINDIA | 27282.35 | 28000 |
ABCAPITAL | 170.43 | 180 |
ABFRL | 271.9 | 275 |
ACC | 2058.95 | 2080 |
ADANIENSOL | 790.45 | 800 |
ADANIENT | 2315.1 | 2400 |
ADANIGREEN | 1012.1 | 1020 |
ADANIPORTS | 1094.15 | 1160 |
ALKEM | 5022.7 | 5300 |
AMBUJACEM | 551.8 | 550 |
ANGELONE | 2334.35 | 2500 |
APLAPOLLO | 1561.4 | 1560 |
APOLLOHOSP | 6745.05 | 6900 |
APOLLOTYRE | 423.4 | 450 |
ASHOKLEY | 204.3 | 210 |
ASIANPAINT | 2262.4 | 2300 |
ASTRAL | 1468.35 | 1560 |
ATGL | 641.5 | 660 |
ATUL | 6547.1 | 6700 |
AUBANK | 594.65 | 585 |
AUROPHARMA | 1212.2 | 1220 |
AXISBANK | 948.5 | 990 |
BAJAJ-AUTO | 8401.5 | 8700 |
BAJAJFINSV | 1728.7 | 1680 |
BAJFINANCE | 7438.6 | 7300 |
BALKRISIND | 2652.2 | 2740 |
BANDHANBNK | 148.83 | 157.5 |
BANKBARODA | 225.21 | 235 |
BANKINDIA | 98.37 | 100 |
BATAINDIA | 1281.35 | 1320 |
BEL | 270.15 | 280 |
BERGEPAINT | 480.1 | 465 |
BHARATFORG | 1216.55 | 1240 |
BHARTIARTL | 1644.8 | 1640 |
BHEL | 200.19 | 215 |
BIOCON | 388.25 | 380 |
BOSCHLTD | 30356.5 | 32500 |
BPCL | 263.8 | 270 |
BRITANNIA | 5101.55 | 4850 |
BSE | 5835.6 | 5700 |
BSOFT | 545.7 | 550 |
CAMS | 4101.1 | 4300 |
CANBK | 96.75 | 100 |
CANFINHOME | 682.7 | 700 |
CDSL | 1500.25 | 1580 |
CESC | 139 | 145.5 |
CGPOWER | 620.55 | 650 |
CHAMBLFERT | 496.05 | 500 |
CHOLAFIN | 1223.05 | 1260 |
CIPLA | 1411.4 | 1460 |
COALINDIA | 383.05 | 390 |
COFORGE | 9234.6 | 9000 |
COLPAL | 2751.9 | 2750 |
CONCOR | 754.35 | 780 |
COROMANDEL | 1815.05 | 1860 |
CROMPTON | 339.7 | 355 |
CUB | 167.66 | 170 |
CUMMINSIND | 2804.05 | 3000 |
CYIENT | 1344.9 | 1460 |
DABUR | 521.65 | 520 |
DALBHARAT | 1802.95 | 1780 |
DEEPAKNTR | 2292.55 | 2400 |
DELHIVERY | 321.75 | 330 |
DIVISLAB | 5762.6 | 5850 |
DIXON | 15584.9 | 16000 |
DLF | 695.25 | 730 |
DMART | 3579.95 | 3700 |
DRREDDY | 1224.4 | 1250 |
EICHERMOT | 5206.3 | 5100 |
ESCORTS | 3466.3 | 3400 |
EXIDEIND | 369.05 | 400 |
FEDERALBNK | 188.11 | 195 |
GAIL | 175.84 | 185 |
GLENMARK | 1450.1 | 1500 |
GMRAIRPORT | 71.49 | 77 |
GMRINFRA | 0 | 32 |
GNFC | 556.45 | 560 |
GODREJCP | 1130.35 | 1130 |
GODREJPROP | 2155 | 2300 |
GRANULES | 582 | 590 |
GRASIM | 2490.75 | 2480 |
GUJGASLTD | 494.75 | 500 |
HAL | 3849.8 | 4050 |
HAVELLS | 1523.2 | 1560 |
HCLTECH | 1792.85 | 1820 |
HDFCAMC | 3877.8 | 4000 |
HDFCBANK | 1649.8 | 1680 |
HDFCLIFE | 621.1 | 630 |
HEROMOTOCO | 4051.9 | 4150 |
HFCL | 99.15 | 102.5 |
HINDALCO | 606.9 | 600 |
HINDCOPPER | 242.05 | 250 |
HINDPETRO | 352.85 | 365 |
HINDUNILVR | 2368.1 | 2360 |
HUDCO | 219.84 | 220 |
ICICIBANK | 1209.2 | 1230 |
ICICIGI | 1815.65 | 1880 |
ICICIPRULI | 590.5 | 600 |
IDEA | 9.46 | 9 |
IDFCFIRSTB | 62.27 | 63 |
IEX | 169.33 | 172.5 |
IGL | 383.25 | 400 |
INDHOTEL | 781.2 | 800 |
INDIAMART | 2083.4 | 2140 |
INDIANB | 501.25 | 520 |
INDIGO | 4161.8 | 4200 |
INDUSINDBK | 950.8 | 980 |
INDUSTOWER | 367.95 | 355 |
INFY | 1875.45 | 1880 |
IOC | 128.26 | 132.5 |
IPCALAB | 1515.85 | 1580 |
IRB | 51.94 | 54 |
IRCTC | 787.5 | 800 |
IRFC | 140.68 | 137.5 |
ITC | 441.6 | 445 |
JINDALSTEL | 882.8 | 920 |
JIOFIN | 244.45 | 265 |
JKCEMENT | 4755.9 | 4700 |
JSL | 634.1 | 630 |
JSWENERGY | 544.15 | 570 |
JSWSTEEL | 932.45 | 930 |
JUBLFOOD | 671 | 700 |
KALYANKJIL | 458.75 | 540 |
KEI | 4253.5 | 4300 |
KOTAKBANK | 1886.2 | 1860 |
KPITTECH | 1322.9 | 1380 |
LALPATHLAB | 2828.85 | 2900 |
LAURUSLABS | 602.65 | 590 |
LICHSGFIN | 573.3 | 580 |
LICI | 821.25 | 850 |
LODHA | 1099.55 | 1120 |
LT | 3458.2 | 3600 |
LTF | 139.68 | 140 |
LTIM | 5998.15 | 5900 |
LTTS | 5431 | 5300 |
LUPIN | 2134.25 | 2180 |
M&M | 2801.4 | 2900 |
M&MFIN | 268.05 | 270 |
MANAPPURAM | 196.71 | 185 |
MARICO | 666.2 | 660 |
MARUTI | 11967.9 | 11700 |
MAXHEALTH | 1055.75 | 1080 |
MCX | 5739.5 | 5800 |
METROPOLIS | 1802.2 | 1920 |
MFSL | 1040.3 | 1060 |
MGL | 1278.45 | 1280 |
MOTHERSON | 142.99 | 150 |
MPHASIS | 3009.3 | 2950 |
MRF | 111484.55 | 115000 |
MUTHOOTFIN | 2173.4 | 2180 |
NATIONALUM | 203.2 | 210 |
NAUKRI | 7447.05 | 7700 |
NAVINFLUOR | 3709.45 | 3700 |
NCC | 235.95 | 250 |
NESTLEIND | 2207.9 | 2200 |
NHPC | 76.88 | 78 |
NMDC | 66.77 | 68 |
NTPC | 323.65 | 325 |
NYKAA | 167.37 | 170 |
OBEROIRLTY | 1756.75 | 1840 |
OFSS | 9805.65 | 10250 |
OIL | 424.5 | 450 |
ONGC | 256.51 | 257.5 |
PAGEIND | 46395.25 | 47000 |
PAYTM | 807.45 | 860 |
PEL | 990.45 | 1080 |
PERSISTENT | 6360.65 | 6200 |
PETRONET | 322.7 | 335 |
PFC | 408.4 | 440 |
PIDILITIND | 2854.55 | 2880 |
PIIND | 3501.6 | 3550 |
PNB | 97.62 | 100 |
POLICYBZR | 1694.7 | 1750 |
POLYCAB | 5915.8 | 6200 |
POONAWALLA | 317 | 320 |
POWERGRID | 295.85 | 305 |
PRESTIGE | 1255.65 | 1350 |
PVRINOX | 1064.1 | 1140 |
RAMCOCEM | 888.75 | 910 |
RBLBANK | 155.73 | 160 |
RECLTD | 446.25 | 480 |
RELIANCE | 1246.3 | 1250 |
SAIL | 108.17 | 110 |
SBICARD | 758.3 | 750 |
SBILIFE | 1440.4 | 1460 |
SBIN | 744.15 | 770 |
SHREECEM | 25783.15 | 26000 |
SHRIRAMFIN | 527.45 | 540 |
SIEMENS | 5879.7 | 6100 |
SJVN | 95.46 | 97.5 |
SONACOMS | 525.05 | 550 |
SRF | 2583.95 | 2560 |
SUNPHARMA | 1822.2 | 1800 |
SUNTV | 640.45 | 660 |
SUPREMEIND | 3803.2 | 4000 |
SYNGENE | 796.1 | 820 |
TATACHEM | 956.9 | 1000 |
TATACOMM | 1629.45 | 1700 |
TATACONSUM | 992.35 | 960 |
TATAELXSI | 6372.7 | 6300 |
TATAMOTORS | 734.1 | 760 |
TATAPOWER | 363.4 | 380 |
TATASTEEL | 129.74 | 135 |
TCS | 4152.35 | 4150 |
TECHM | 1723.05 | 1700 |
TIINDIA | 3232.15 | 3400 |
TITAN | 3402.15 | 3400 |
TORNTPHARM | 3248.4 | 3300 |
TRENT | 5490.45 | 6000 |
TVSMOTOR | 2270.7 | 2300 |
UBL | 2064.85 | 2040 |
ULTRACEMCO | 11285.85 | 11200 |
UNIONBANK | 107.3 | 110 |
UNITDSPR | 1469.75 | 1500 |
UPL | 552 | 540 |
VBL | 541.7 | 550 |
VEDL | 442 | 460 |
VOLTAS | 1456.6 | 1540 |
WIPRO | 320.1 | 310 |
YESBANK | 18.24 | 19 |
ZOMATO | 215.6 | 230 |
ZYDUSLIFE | 957.6 | 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.