`
[--[65.84.65.76]--]
PEL
Piramal Enterprises Ltd

988.25 -18.15 (-1.80%)

Max pain for PEL

24 Jan 2025 01:33 PM IST

Max Pain for PEL is 1080  



Strike  880  has a total call value of 0  versus a total put value of  38,982,000,000 Combined total value = 38,982,000,000

Strike  900  has a total call value of 0  versus a total put value of  34,326,000,000 Combined total value = 34,326,000,000

Strike  920  has a total call value of 0  versus a total put value of  30,066,000,000 Combined total value = 30,066,000,000

Strike  940  has a total call value of 0  versus a total put value of  25,923,000,000 Combined total value = 25,923,000,000

Strike  960  has a total call value of 0  versus a total put value of  21,888,000,000 Combined total value = 21,888,000,000

Strike  980  has a total call value of 0  versus a total put value of  18,174,000,000 Combined total value = 18,174,000,000

Strike  1000  has a total call value of 118,500,000  versus a total put value of  14,631,000,000 Combined total value = 14,749,500,000

Strike  1020  has a total call value of 670,500,000  versus a total put value of  11,787,000,000 Combined total value = 12,457,500,000

Strike  1040  has a total call value of 1,623,000,000  versus a total put value of  9,133,500,000 Combined total value = 10,756,500,000

Strike  1060  has a total call value of 2,962,500,000  versus a total put value of  6,727,500,000 Combined total value = 9,690,000,000

Strike  1080  has a total call value of 4,720,500,000  versus a total put value of  4,558,500,000 Combined total value = 9,279,000,000

Strike  1100  has a total call value of 6,765,000,000  versus a total put value of  2,646,000,000 Combined total value = 9,411,000,000

Strike  1120  has a total call value of 9,828,000,000  versus a total put value of  1,855,500,000 Combined total value = 11,683,500,000

Strike  1140  has a total call value of 13,285,500,000  versus a total put value of  1,302,000,000 Combined total value = 14,587,500,000

Strike  1160  has a total call value of 17,149,500,000  versus a total put value of  807,000,000 Combined total value = 17,956,500,000

Strike  1180  has a total call value of 21,288,000,000  versus a total put value of  433,500,000 Combined total value = 21,721,500,000

Strike  1200  has a total call value of 25,582,500,000  versus a total put value of  60,000,000 Combined total value = 25,642,500,000

Strike  1220  has a total call value of 31,170,000,000  versus a total put value of  48,000,000 Combined total value = 31,218,000,000

Strike  1240  has a total call value of 37,009,500,000  versus a total put value of  36,000,000 Combined total value = 37,045,500,000

Strike  1260  has a total call value of 42,987,000,000  versus a total put value of  24,000,000 Combined total value = 43,011,000,000

Strike  1280  has a total call value of 49,125,000,000  versus a total put value of  12,000,000 Combined total value = 49,137,000,000

Strike  1300  has a total call value of 55,332,000,000  versus a total put value of  0 Combined total value = 55,332,000,000

Strike  1320  has a total call value of 62,374,500,000  versus a total put value of  0 Combined total value = 62,374,500,000

Strike  1340  has a total call value of 69,417,000,000  versus a total put value of  0 Combined total value = 69,417,000,000

Strike  1360  has a total call value of 76,459,500,000  versus a total put value of  0 Combined total value = 76,459,500,000

Strike  1380  has a total call value of 83,502,000,000  versus a total put value of  0 Combined total value = 83,502,000,000

Strike  1400  has a total call value of 90,544,500,000  versus a total put value of  0 Combined total value = 90,544,500,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 440.15 435
ABB 6231.95 6400
ABBOTINDIA 27507 28500
ABCAPITAL 172.3 180
ABFRL 277.65 275
ACC 2048.55 2080
ADANIENSOL 790 800
ADANIENT 2342.05 2400
ADANIGREEN 1016.5 1020
ADANIPORTS 1100.6 1160
ALKEM 5063.65 5350
AMBUJACEM 553 550
ANGELONE 2356.5 2500
APLAPOLLO 1570 1560
APOLLOHOSP 6785 6900
APOLLOTYRE 430.1 450
ASHOKLEY 205.88 210
ASIANPAINT 2271.7 2300
ASTRAL 1467.5 1560
ATGL 645.5 660
ATUL 6792.5 6800
AUBANK 584.55 580
AUROPHARMA 1215.55 1240
AXISBANK 949 990
BAJAJ-AUTO 8453.55 8700
BAJAJFINSV 1732.95 1680
BAJFINANCE 7458.55 7300
BALKRISIND 2684.8 2760
BANDHANBNK 149.68 160
BANKBARODA 227.18 235
BANKINDIA 99.04 100
BATAINDIA 1289.05 1320
BEL 271.9 280
BERGEPAINT 483.1 465
BHARATFORG 1225.8 1240
BHARTIARTL 1643 1640
BHEL 202.45 215
BIOCON 390.5 380
BOSCHLTD 30466 31500
BPCL 268.4 270
BRITANNIA 5086.85 4850
BSE 5900 5700
BSOFT 547.6 550
CAMS 4132.05 4200
CANBK 97.53 100
CANFINHOME 685.55 680
CDSL 1508.35 1580
CESC 140.6 145.5
CGPOWER 620.05 650
CHAMBLFERT 500.55 500
CHOLAFIN 1228.4 1260
CIPLA 1417.55 1480
COALINDIA 385.2 390
COFORGE 9272.95 9000
COLPAL 2759.9 2750
CONCOR 759.1 780
COROMANDEL 1830.8 1860
CROMPTON 343.35 355
CUB 168.47 170
CUMMINSIND 2838.05 3000
CYIENT 1400.6 1500
DABUR 524.55 520
DALBHARAT 1810.95 1780
DEEPAKNTR 2314.75 2400
DELHIVERY 326.85 330
DIVISLAB 5734.6 5900
DIXON 15481 16000
DLF 703.15 740
DMART 3582.6 3650
DRREDDY 1226.05 1250
EICHERMOT 5194.45 5050
ESCORTS 3507.55 3400
EXIDEIND 373.4 400
FEDERALBNK 189.6 195
GAIL 176.36 185
GLENMARK 1451.45 1500
GMRAIRPORT 72.35 77
GMRINFRA 0 32
GNFC 559.45 560
GODREJCP 1128.4 1120
GODREJPROP 2176.3 2300
GRANULES 583.75 590
GRASIM 2490.95 2480
GUJGASLTD 498.7 500
HAL 3878.3 4050
HAVELLS 1546.25 1580
HCLTECH 1803 1820
HDFCAMC 3914.2 4000
HDFCBANK 1651.45 1670
HDFCLIFE 621.15 630
HEROMOTOCO 4070.75 4150
HFCL 99.75 102.5
HINDALCO 610.75 600
HINDCOPPER 245.1 250
HINDPETRO 357.2 370
HINDUNILVR 2361.4 2360
HUDCO 221.96 220
ICICIBANK 1208.7 1230
ICICIGI 1824.15 1880
ICICIPRULI 593.15 600
IDEA 9.53 9
IDFCFIRSTB 62.69 63
IEX 172.9 175
IGL 385.45 400
INDHOTEL 784.55 800
INDIAMART 2084.6 2140
INDIANB 505.4 520
INDIGO 4160.2 4200
INDUSINDBK 959.2 980
INDUSTOWER 368.25 355
INFY 1881 1880
IOC 129.12 135
IPCALAB 1544.85 1580
IRB 52.19 54
IRCTC 792.2 800
IRFC 140 137.5
ITC 442.95 445
JINDALSTEL 894.1 920
JIOFIN 246.7 265
JKCEMENT 4792.65 4700
JSL 636.2 630
JSWENERGY 548.8 570
JSWSTEEL 937.4 930
JUBLFOOD 674.2 700
KALYANKJIL 460.55 560
KEI 4357.95 4300
KOTAKBANK 1892.85 1860
KPITTECH 1331.2 1380
LALPATHLAB 2830 2900
LAURUSLABS 582.45 580
LICHSGFIN 575.1 580
LICI 824.5 850
LODHA 1100.05 1120
LT 3479.65 3600
LTF 139.84 140
LTIM 6000.15 5900
LTTS 5453.8 5250
LUPIN 2141.8 2180
M&M 2824.75 2900
M&MFIN 271.4 270
MANAPPURAM 197.8 187.5
MARICO 668.95 660
MARUTI 11982.1 11700
MAXHEALTH 1057.2 1080
MCX 5776.3 5800
METROPOLIS 1822.95 1900
MFSL 1050.5 1060
MGL 1284.25 1280
MOTHERSON 144.22 150
MPHASIS 3062.3 3000
MRF 111786.65 115000
MUTHOOTFIN 2174.6 2180
NATIONALUM 205.35 210
NAUKRI 7466.85 7700
NAVINFLUOR 3710.5 3700
NCC 238 250
NESTLEIND 2208 2200
NHPC 77.54 78
NMDC 67.51 68
NTPC 325.15 325
NYKAA 169.12 170
OBEROIRLTY 1780.15 1840
OFSS 9891.1 10250
OIL 427.6 450
ONGC 259.01 260
PAGEIND 46591.95 47000
PAYTM 813.95 860
PEL 988.25 1080
PERSISTENT 6398.8 6300
PETRONET 323.25 335
PFC 410.95 440
PIDILITIND 2849.15 2880
PIIND 3500.3 3550
PNB 98.54 100
POLICYBZR 1699.55 1750
POLYCAB 6050 6300
POONAWALLA 323.1 320
POWERGRID 298.05 305
PRESTIGE 1269.9 1350
PVRINOX 1071.5 1140
RAMCOCEM 897.35 910
RBLBANK 155 160
RECLTD 450.2 490
RELIANCE 1253.25 1260
SAIL 109.32 110
SBICARD 756.3 750
SBILIFE 1442.65 1460
SBIN 746.95 770
SHREECEM 25788.9 26000
SHRIRAMFIN 531.7 540
SIEMENS 5898.3 6100
SJVN 96.51 97.5
SONACOMS 527.1 550
SRF 2565.4 2560
SUNPHARMA 1821.8 1800
SUNTV 644 660
SUPREMEIND 3863.1 4000
SYNGENE 797.8 820
TATACHEM 961.05 1000
TATACOMM 1639.35 1700
TATACONSUM 996.3 970
TATAELXSI 6360.15 6300
TATAMOTORS 738 760
TATAPOWER 365.85 380
TATASTEEL 131.44 135
TCS 4153.5 4150
TECHM 1720.5 1700
TIINDIA 3256 3300
TITAN 3399.85 3400
TORNTPHARM 3239.35 3300
TRENT 5521.55 6000
TVSMOTOR 2263.95 2300
UBL 2074.2 2040
ULTRACEMCO 11333.6 11200
UNIONBANK 107.81 110
UNITDSPR 1480.75 1500
UPL 553.25 540
VBL 541.8 550
VEDL 447.85 460
VOLTAS 1462.55 1540
WIPRO 320.9 310
YESBANK 18.29 19
ZOMATO 218.9 230
ZYDUSLIFE 962.9 990

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.