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PEL
Piramal Enterprises Ltd

1008.6 19.55 (1.98%)

Max pain for PEL

02 Apr 2025 12:13 PM IST

Max Pain for PEL is 1000  



Strike  860  has a total call value of 0  versus a total put value of  5,361,000,000 Combined total value = 5,361,000,000

Strike  880  has a total call value of 0  versus a total put value of  4,287,000,000 Combined total value = 4,287,000,000

Strike  900  has a total call value of 0  versus a total put value of  3,301,500,000 Combined total value = 3,301,500,000

Strike  920  has a total call value of 31,500,000  versus a total put value of  2,469,000,000 Combined total value = 2,500,500,000

Strike  940  has a total call value of 76,500,000  versus a total put value of  1,702,500,000 Combined total value = 1,779,000,000

Strike  960  has a total call value of 123,000,000  versus a total put value of  1,023,000,000 Combined total value = 1,146,000,000

Strike  980  has a total call value of 231,000,000  versus a total put value of  492,000,000 Combined total value = 723,000,000

Strike  1000  has a total call value of 411,000,000  versus a total put value of  174,000,000 Combined total value = 585,000,000

Strike  1020  has a total call value of 1,044,000,000  versus a total put value of  99,000,000 Combined total value = 1,143,000,000

Strike  1040  has a total call value of 1,837,500,000  versus a total put value of  24,000,000 Combined total value = 1,861,500,000

Strike  1060  has a total call value of 2,815,500,000  versus a total put value of  0 Combined total value = 2,815,500,000

Strike  1080  has a total call value of 3,952,500,000  versus a total put value of  0 Combined total value = 3,952,500,000

Strike  1100  has a total call value of 5,268,000,000  versus a total put value of  0 Combined total value = 5,268,000,000

Strike  1120  has a total call value of 6,874,500,000  versus a total put value of  0 Combined total value = 6,874,500,000

Strike  1140  has a total call value of 8,572,500,000  versus a total put value of  0 Combined total value = 8,572,500,000

Strike  1160  has a total call value of 10,270,500,000  versus a total put value of  0 Combined total value = 10,270,500,000

Strike  1180  has a total call value of 12,183,000,000  versus a total put value of  0 Combined total value = 12,183,000,000

Strike  1200  has a total call value of 14,095,500,000  versus a total put value of  0 Combined total value = 14,095,500,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 1008.6 400
ABB 1008.6 5500
ABCAPITAL 1008.6 187.5
ABFRL 1008.6 265
ACC 1008.6 2000
ADANIENSOL 1008.6 860
ADANIENT 1008.6 2500
ADANIGREEN 1008.6 920
ADANIPORTS 1008.6 1200
ALKEM 1008.6 4900
AMBUJACEM 1008.6 540
ANGELONE 1008.6 2300
APLAPOLLO 1008.6 1500
APOLLOHOSP 1008.6 6650
APOLLOTYRE 1008.6 430
ASHOKLEY 1008.6 210
ASIANPAINT 1008.6 2340
ASTRAL 1008.6 1300
ATGL 1008.6 600
AUBANK 1008.6 545
AUROPHARMA 1008.6 1160
AXISBANK 1008.6 1100
BAJAJ-AUTO 1008.6 8000
BAJAJFINSV 1008.6 1960
BAJFINANCE 1008.6 8800
BALKRISIND 1008.6 2560
BANDHANBNK 1008.6 150
BANKBARODA 1008.6 230
BANKINDIA 1008.6 109
BEL 1008.6 290
BERGEPAINT 1008.6 500
BHARATFORG 1008.6 1160
BHARTIARTL 1008.6 1740
BHEL 1008.6 220
BIOCON 1008.6 345
BOSCHLTD 1008.6 28000
BPCL 1008.6 280
BRITANNIA 1008.6 4900
BSE 1008.6 5200
BSOFT 1008.6 400
CAMS 1008.6 3700
CANBK 1008.6 90
CDSL 1008.6 1200
CESC 1008.6 155
CGPOWER 1008.6 640
CHAMBLFERT 1008.6 610
CHOLAFIN 1008.6 1500
CIPLA 1008.6 1480
COALINDIA 1008.6 405
COFORGE 1008.6 7900
COLPAL 1008.6 2400
CONCOR 1008.6 710
CROMPTON 1008.6 350
CUMMINSIND 1008.6 3000
CYIENT 1008.6 1300
DABUR 1008.6 500
DALBHARAT 1008.6 1800
DEEPAKNTR 1008.6 2000
DELHIVERY 1008.6 260
DIVISLAB 1008.6 5650
DIXON 1008.6 13500
DLF 1008.6 690
DMART 1008.6 4050
DRREDDY 1008.6 1150
EICHERMOT 1008.6 5350
ESCORTS 1008.6 3250
EXIDEIND 1008.6 370
FEDERALBNK 1008.6 195
GAIL 1008.6 182.5
GLENMARK 1008.6 1500
GMRAIRPORT 1008.6 77
GODREJCP 1008.6 1140
GODREJPROP 1008.6 2100
GOLDM 1008.6 89000
GRANULES 1008.6 500
GRASIM 1008.6 2580
HAL 1008.6 4200
HAVELLS 1008.6 1500
HCLTECH 1008.6 1580
HDFCAMC 1008.6 4000
HDFCBANK 1008.6 1800
HDFCLIFE 1008.6 690
HEROMOTOCO 1008.6 3750
HFCL 1008.6 81
HINDALCO 1008.6 680
HINDCOPPER 1008.6 230
HINDPETRO 1008.6 360
HINDUNILVR 1008.6 2260
HINDZINC 1008.6 460
HUDCO 1008.6 200
ICICIBANK 1008.6 1340
ICICIGI 1008.6 1800
ICICIPRULI 1008.6 575
IDEA 1008.6 8
IDFCFIRSTB 1008.6 58
IEX 1008.6 180
IGL 1008.6 200
IIFL 1008.6 330
INDHOTEL 1008.6 820
INDIANB 1008.6 550
INDIGO 1008.6 5000
INDUSINDBK 1008.6 690
INDUSTOWER 1008.6 350
INFY 1008.6 1580
INOXWIND 1008.6 160
IOC 1008.6 132
IRB 1008.6 46
IRCTC 1008.6 730
IREDA 1008.6 155
IRFC 1008.6 125
ITC 1008.6 410
JINDALSTEL 1008.6 920
JIOFIN 1008.6 230
JSL 1008.6 600
JSWENERGY 1008.6 540
JSWSTEEL 1008.6 1050
JUBLFOOD 1008.6 670
KALYANKJIL 1008.6 480
KEI 1008.6 2900
KOTAKBANK 1008.6 2120
KPITTECH 1008.6 1300
LAURUSLABS 1008.6 600
LICHSGFIN 1008.6 570
LICI 1008.6 800
LODHA 1008.6 1200
LT 1008.6 3500
LTF 1008.6 150
LTIM 1008.6 4500
LUPIN 1008.6 2000
M&M 1008.6 2700
M&MFIN 1008.6 280
MANAPPURAM 1008.6 230
MARICO 1008.6 650
MARUTI 1008.6 11700
MAXHEALTH 1008.6 1120
MCX 1008.6 5400
MFSL 1008.6 1140
MGL 1008.6 1380
MOTHERSON 1008.6 132.5
MPHASIS 1008.6 2500
MRF 1008.6 114000
MUTHOOTFIN 1008.6 2240
NATIONALUM 1008.6 185
NAUKRI 1008.6 7000
NBCC 1008.6 82.5
NCC 1008.6 210
NESTLEIND 1008.6 2200
NHPC 1008.6 84
NMDC 1008.6 70
NTPC 1008.6 360
NYKAA 1008.6 175
OBEROIRLTY 1008.6 1600
OFSS 1008.6 7900
OIL 1008.6 390
ONGC 1008.6 250
PAGEIND 1008.6 42500
PATANJALI 1008.6 1800
PAYTM 1008.6 800
PEL 1008.6 1000
PERSISTENT 1008.6 5400
PETRONET 1008.6 300
PFC 1008.6 420
PHOENIXLTD 1008.6 1600
PIDILITIND 1008.6 2840
PIIND 1008.6 3450
PNB 1008.6 97
PNBHOUSING 1008.6 880
POLICYBZR 1008.6 1580
POLYCAB 1008.6 5100
POONAWALLA 1008.6 340
POWERGRID 1008.6 290
PRESTIGE 1008.6 1200
RAMCOCEM 1008.6 900
RBLBANK 1008.6 175
RECLTD 1008.6 440
RELIANCE 1008.6 1280
SAIL 1008.6 120
SBICARD 1008.6 865
SBILIFE 1008.6 1560
SBIN 1008.6 780
SHREECEM 1008.6 30500
SHRIRAMFIN 1008.6 650
SIEMENS 1008.6 5300
SILVER 1008.6 99000
SJVN 1008.6 92.5
SOLARINDS 1008.6 11100
SONACOMS 1008.6 460
SRF 1008.6 2900
SUNPHARMA 1008.6 1720
SUPREMEIND 1008.6 3500
SYNGENE 1008.6 720
TATACHEM 1008.6 860
TATACOMM 1008.6 1600
TATACONSUM 1008.6 1040
TATAELXSI 1008.6 5200
TATAMOTORS 1008.6 690
TATAPOWER 1008.6 390
TATASTEEL 1008.6 155
TATATECH 1008.6 680
TCS 1008.6 3600
TECHM 1008.6 1420
TIINDIA 1008.6 2750
TITAGARH 1008.6 800
TITAN 1008.6 3100
TORNTPHARM 1008.6 3200
TORNTPOWER 1008.6 1500
TRENT 1008.6 5500
TVSMOTOR 1008.6 2440
ULTRACEMCO 1008.6 11300
UNIONBANK 1008.6 125
UNITDSPR 1008.6 1400
UPL 1008.6 650
VBL 1008.6 540
VEDL 1008.6 470
VOLTAS 1008.6 1380
WIPRO 1008.6 267.5
YESBANK 1008.6 17
ZOMATO 1008.6 210
ZYDUSLIFE 1008.6 900

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:
  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.