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PERSISTENT
Persistent Systems Ltd

6033.65 -7.65 (-0.13%)

Max pain for PERSISTENT

04 Dec 2024 09:00 AM IST

Max Pain for PERSISTENT is 6000  



Strike  5000  has a total call value of 0  versus a total put value of  29,974,000,000 Combined total value = 29,974,000,000

Strike  5100  has a total call value of 0  versus a total put value of  25,801,000,000 Combined total value = 25,801,000,000

Strike  5200  has a total call value of 0  versus a total put value of  21,769,000,000 Combined total value = 21,769,000,000

Strike  5300  has a total call value of 0  versus a total put value of  17,836,000,000 Combined total value = 17,836,000,000

Strike  5400  has a total call value of 0  versus a total put value of  14,084,000,000 Combined total value = 14,084,000,000

Strike  5500  has a total call value of 23,000,000  versus a total put value of  10,538,000,000 Combined total value = 10,561,000,000

Strike  5600  has a total call value of 76,000,000  versus a total put value of  7,557,000,000 Combined total value = 7,633,000,000

Strike  5700  has a total call value of 226,000,000  versus a total put value of  4,917,000,000 Combined total value = 5,143,000,000

Strike  5800  has a total call value of 540,000,000  versus a total put value of  2,791,000,000 Combined total value = 3,331,000,000

Strike  5900  has a total call value of 982,000,000  versus a total put value of  1,201,000,000 Combined total value = 2,183,000,000

Strike  6000  has a total call value of 1,814,000,000  versus a total put value of  159,000,000 Combined total value = 1,973,000,000

Strike  6100  has a total call value of 4,287,000,000  versus a total put value of  53,000,000 Combined total value = 4,340,000,000

Strike  6200  has a total call value of 7,344,000,000  versus a total put value of  8,000,000 Combined total value = 7,352,000,000

Strike  6300  has a total call value of 10,860,000,000  versus a total put value of  0 Combined total value = 10,860,000,000

Strike  6400  has a total call value of 14,747,000,000  versus a total put value of  0 Combined total value = 14,747,000,000

Strike  6500  has a total call value of 19,220,000,000  versus a total put value of  0 Combined total value = 19,220,000,000

Strike  6600  has a total call value of 24,639,000,000  versus a total put value of  0 Combined total value = 24,639,000,000

Strike  6700  has a total call value of 30,481,000,000  versus a total put value of  0 Combined total value = 30,481,000,000

Strike  6800  has a total call value of 36,323,000,000  versus a total put value of  0 Combined total value = 36,323,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 444.5 460
ABB 7530.2 7500
ABBOTINDIA 28455.9 28000
ABCAPITAL 198.84 200
ABFRL 316.5 320
ACC 2289 2300
ADANIENSOL 799.9 800
ADANIENT 2511 2540
ADANIGREEN 1312 1300
ADANIPORTS 1287 1240
ALKEM 5630 5600
AMBUJACEM 565.2 550
ANGELONE 3075 3000
APLAPOLLO 1555 1500
APOLLOHOSP 7130 7000
APOLLOTYRE 519.95 510
ASHOKLEY 235.25 230
ASIANPAINT 2470.3 2500
ASTRAL 1845.45 1840
ATGL 764.45 780
ATUL 7399.95 7300
AUBANK 595.3 590
AUROPHARMA 1264 1260
AXISBANK 1161 1150
BAJAJ-AUTO 9157.2 9200
BAJAJFINSV 1609.7 1600
BAJFINANCE 6661 6800
BALKRISIND 2835.25 2800
BANDHANBNK 175.05 175
BANKBARODA 254.3 250
BANKINDIA 114.19 110
BATAINDIA 1425 1400
BEL 312 305
BERGEPAINT 482 490
BHARATFORG 1347 1340
BHARTIARTL 1618.9 1600
BHEL 252.25 250
BIOCON 373.5 365
BOSCHLTD 34759.05 35000
BPCL 294.5 295
BRITANNIA 4910 4950
BSE 4529.75 4600
BSOFT 601.6 600
CAMS 5115 5000
CANBK 105.2 104
CANFINHOME 835 830
CDSL 1664 1660
CESC 184.53 180
CGPOWER 760.1 750
CHAMBLFERT 526.5 510
CHOLAFIN 1256 1260
CIPLA 1533 1540
COALINDIA 422.55 420
COFORGE 8717.1 8600
COLPAL 2899.4 2900
CONCOR 839.6 840
COROMANDEL 1775.6 1780
CROMPTON 408.6 410
CUB 183.01 180
CUMMINSIND 3525 3500
CYIENT 1883.7 1600
DABUR 523.3 530
DALBHARAT 1929.75 1880
DEEPAKNTR 2636 2700
DELHIVERY 341.3 340
DIVISLAB 6215 6150
DIXON 16895 16000
DLF 844.7 830
DMART 3846 3750
DRREDDY 1224 1220
EICHERMOT 4842 4900
ESCORTS 3510.9 3600
EXIDEIND 455 450
FEDERALBNK 209.8 210
GAIL 200.06 200
GLENMARK 1556.1 1540
GMRINFRA 83.4 84
GNFC 637.6 640
GODREJCP 1230.7 1240
GODREJPROP 2854 2850
GRANULES 534 560
GRASIM 2708.3 2640
GUJGASLTD 499.8 480
HAL 4512.5 4500
HAVELLS 1755 1740
HCLTECH 1888.95 1880
HDFCAMC 4259 4250
HDFCBANK 1825.3 1800
HDFCLIFE 635 650
HEROMOTOCO 4696 4800
HFCL 130.1 130
HINDALCO 666.5 660
HINDCOPPER 284.6 280
HINDPETRO 384.95 385
HINDUNILVR 2482 2500
HUDCO 235.9 230
ICICIBANK 1306.75 1300
ICICIGI 1895.5 1900
ICICIPRULI 683.45 700
IDEA 8.2 8
IDFCFIRSTB 65.15 65
IEX 178.25 177.5
IGL 360 340
INDHOTEL 806.3 790
INDIAMART 2360 2350
INDIANB 579.05 580
INDIGO 4409.7 4400
INDUSINDBK 998.45 1000
INDUSTOWER 353.15 350
INFY 1890 1900
IOC 139.5 140
IPCALAB 1499 1540
IRB 54.95 53
IRCTC 833 830
IRFC 148.18 147.5
ITC 472.55 475
JINDALSTEL 926.8 910
JIOFIN 342.1 330
JKCEMENT 4621.35 4500
JSL 716 700
JSWENERGY 643.45 650
JSWSTEEL 997.95 980
JUBLFOOD 653.8 650
KALYANKJIL 726.1 720
KEI 4340 4300
KOTAKBANK 1750 1780
KPITTECH 1430 1400
LALPATHLAB 2970.2 3050
LAURUSLABS 582 560
LICHSGFIN 634.8 640
LICI 968 980
LODHA 1298 1300
LT 3773 3700
LTF 145.3 145
LTIM 6170 6200
LTTS 5314.05 5300
LUPIN 2080 2060
M&M 3025 3000
M&MFIN 285.05 280
MANAPPURAM 163.97 162.5
MARICO 640.15 640
MARUTI 11260.95 11200
MAXHEALTH 1033 1000
MCX 6220 6200
METROPOLIS 2076 2100
MFSL 1142.65 1140
MGL 1277.05 1240
MOTHERSON 166.15 167.5
MPHASIS 3018.55 3000
MRF 125580 125000
MUTHOOTFIN 1930.85 1920
NATIONALUM 246.19 242.5
NAUKRI 8444.8 8300
NAVINFLUOR 3577.55 3550
NCC 315.6 310
NESTLEIND 2262.9 2300
NHPC 82 81
NMDC 235.2 235
NTPC 367.7 365
NYKAA 172.5 170
OBEROIRLTY 2057.05 2000
OFSS 12528.4 12000
OIL 491.05 480
ONGC 261.9 259
PAGEIND 46000 45500
PAYTM 902.6 900
PEL 1235.85 1200
PERSISTENT 6033.65 6000
PETRONET 339.6 333
PFC 501.1 490
PIDILITIND 3150 3100
PIIND 4137 4100
PNB 107.8 106
POLICYBZR 1928 1800
POLYCAB 7421 7200
POONAWALLA 348.3 350
POWERGRID 329.9 330
PRESTIGE 1722 1700
PVRINOX 1597.2 1560
RAMCOCEM 1040.5 1000
RBLBANK 163.55 155
RECLTD 539.5 530
RELIANCE 1325.05 1310
SAIL 122.8 120
SBICARD 704 700
SBILIFE 1435 1440
SBIN 853.5 840
SHREECEM 27175 26750
SHRIRAMFIN 3145.6 3100
SIEMENS 7740 7500
SJVN 117.6 115
SONACOMS 671.25 680
SRF 2311.2 2300
SUNPHARMA 1801.55 1800
SUNTV 776.45 760
SUPREMEIND 4760 4600
SYNGENE 933.8 930
TATACHEM 1135 1120
TATACOMM 1805.5 1800
TATACONSUM 955.9 960
TATAELXSI 7090 7000
TATAMOTORS 800.1 800
TATAPOWER 428.1 425
TATASTEEL 146.6 150
TCS 4303 4300
TECHM 1748.85 1740
TIINDIA 3605 3600
TITAN 3331 3300
TORNTPHARM 3365.6 3300
TRENT 6836 6800
TVSMOTOR 2555 2500
UBL 1954 1940
ULTRACEMCO 11862.2 11500
UNIONBANK 125.95 124
UNITDSPR 1544 1500
UPL 562.3 556.35
VBL 621.7 610
VEDL 467.8 460
VOLTAS 1689.8 1700
WIPRO 291.8 290
YESBANK 20.84 20
ZOMATO 280 270
ZYDUSLIFE 980.2 980

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:
  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.