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PERSISTENT
Persistent Systems Ltd

6350.7 63.00 (1.00%)

Max pain for PERSISTENT

24 Jan 2025 01:40 PM IST

Max Pain for PERSISTENT is 6300  



Strike  4800  has a total call value of 0  versus a total put value of  175,362,000,000 Combined total value = 175,362,000,000

Strike  4900  has a total call value of 0  versus a total put value of  159,754,000,000 Combined total value = 159,754,000,000

Strike  5000  has a total call value of 0  versus a total put value of  144,146,000,000 Combined total value = 144,146,000,000

Strike  5100  has a total call value of 0  versus a total put value of  129,210,000,000 Combined total value = 129,210,000,000

Strike  5200  has a total call value of 0  versus a total put value of  114,302,000,000 Combined total value = 114,302,000,000

Strike  5300  has a total call value of 0  versus a total put value of  99,973,000,000 Combined total value = 99,973,000,000

Strike  5400  has a total call value of 0  versus a total put value of  85,994,000,000 Combined total value = 85,994,000,000

Strike  5500  has a total call value of 0  versus a total put value of  72,616,000,000 Combined total value = 72,616,000,000

Strike  5600  has a total call value of 301,000,000  versus a total put value of  60,308,000,000 Combined total value = 60,609,000,000

Strike  5700  has a total call value of 879,000,000  versus a total put value of  48,634,000,000 Combined total value = 49,513,000,000

Strike  5800  has a total call value of 1,782,000,000  versus a total put value of  37,640,000,000 Combined total value = 39,422,000,000

Strike  5900  has a total call value of 2,881,000,000  versus a total put value of  28,038,000,000 Combined total value = 30,919,000,000

Strike  6000  has a total call value of 4,284,000,000  versus a total put value of  19,237,000,000 Combined total value = 23,521,000,000

Strike  6100  has a total call value of 6,496,000,000  versus a total put value of  12,606,000,000 Combined total value = 19,102,000,000

Strike  6200  has a total call value of 9,164,000,000  versus a total put value of  7,133,000,000 Combined total value = 16,297,000,000

Strike  6300  has a total call value of 12,664,000,000  versus a total put value of  3,422,000,000 Combined total value = 16,086,000,000

Strike  6400  has a total call value of 16,764,000,000  versus a total put value of  1,565,000,000 Combined total value = 18,329,000,000

Strike  6500  has a total call value of 22,532,000,000  versus a total put value of  676,000,000 Combined total value = 23,208,000,000

Strike  6600  has a total call value of 30,709,000,000  versus a total put value of  306,000,000 Combined total value = 31,015,000,000

Strike  6700  has a total call value of 40,031,000,000  versus a total put value of  141,000,000 Combined total value = 40,172,000,000

Strike  6800  has a total call value of 50,207,000,000  versus a total put value of  68,000,000 Combined total value = 50,275,000,000

Strike  6900  has a total call value of 61,656,000,000  versus a total put value of  17,000,000 Combined total value = 61,673,000,000

Strike  7000  has a total call value of 73,587,000,000  versus a total put value of  0 Combined total value = 73,587,000,000

Strike  7100  has a total call value of 87,021,000,000  versus a total put value of  0 Combined total value = 87,021,000,000

Strike  7200  has a total call value of 100,818,000,000  versus a total put value of  0 Combined total value = 100,818,000,000

Strike  7300  has a total call value of 115,252,000,000  versus a total put value of  0 Combined total value = 115,252,000,000

Strike  7400  has a total call value of 131,148,000,000  versus a total put value of  0 Combined total value = 131,148,000,000

Strike  7500  has a total call value of 147,581,000,000  versus a total put value of  0 Combined total value = 147,581,000,000

Strike  7600  has a total call value of 164,164,000,000  versus a total put value of  0 Combined total value = 164,164,000,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 440.35 435
ABB 6214 6400
ABBOTINDIA 27503.4 28500
ABCAPITAL 172.09 180
ABFRL 276.8 275
ACC 2047.4 2080
ADANIENSOL 791.05 800
ADANIENT 2343.9 2400
ADANIGREEN 1019.1 1020
ADANIPORTS 1099.55 1160
ALKEM 5072.3 5300
AMBUJACEM 553.35 550
ANGELONE 2357.45 2500
APLAPOLLO 1570 1560
APOLLOHOSP 6777.95 6900
APOLLOTYRE 427.6 450
ASHOKLEY 205.36 210
ASIANPAINT 2266.65 2300
ASTRAL 1464 1560
ATGL 645.55 660
ATUL 6790 6800
AUBANK 584.8 580
AUROPHARMA 1215.15 1240
AXISBANK 950.65 990
BAJAJ-AUTO 8448.6 8700
BAJAJFINSV 1732.35 1680
BAJFINANCE 7451.85 7300
BALKRISIND 2682.2 2760
BANDHANBNK 149.74 160
BANKBARODA 227.2 235
BANKINDIA 99 100
BATAINDIA 1288.75 1320
BEL 271.4 280
BERGEPAINT 483 465
BHARATFORG 1226 1240
BHARTIARTL 1643.9 1640
BHEL 202.07 215
BIOCON 390.75 380
BOSCHLTD 30418.8 31500
BPCL 268.3 270
BRITANNIA 5083 4850
BSE 5888.3 5700
BSOFT 546.45 550
CAMS 4130.65 4200
CANBK 97.61 100
CANFINHOME 685.05 680
CDSL 1509 1580
CESC 140.61 145.5
CGPOWER 620.6 650
CHAMBLFERT 500.25 500
CHOLAFIN 1229.05 1260
CIPLA 1417.05 1480
COALINDIA 384.3 390
COFORGE 9269.45 9000
COLPAL 2754.75 2750
CONCOR 759 780
COROMANDEL 1826.65 1860
CROMPTON 342.75 355
CUB 168.8 170
CUMMINSIND 2834.3 3000
CYIENT 1401.05 1500
DABUR 524.2 520
DALBHARAT 1812 1780
DEEPAKNTR 2313.95 2400
DELHIVERY 326.55 330
DIVISLAB 5735.35 5900
DIXON 15461 16000
DLF 702.25 740
DMART 3580.25 3650
DRREDDY 1225.9 1250
EICHERMOT 5199.6 5050
ESCORTS 3502 3400
EXIDEIND 373.25 400
FEDERALBNK 189 195
GAIL 176.35 185
GLENMARK 1454 1500
GMRAIRPORT 72.25 77
GMRINFRA 0 32
GNFC 560.5 560
GODREJCP 1130.1 1120
GODREJPROP 2171.95 2300
GRANULES 583.6 590
GRASIM 2487 2480
GUJGASLTD 497.8 500
HAL 3870.75 4050
HAVELLS 1541.45 1580
HCLTECH 1804.6 1820
HDFCAMC 3911.05 4000
HDFCBANK 1653.55 1670
HDFCLIFE 622.4 630
HEROMOTOCO 4064.05 4150
HFCL 99.78 102.5
HINDALCO 609.3 600
HINDCOPPER 245.15 250
HINDPETRO 357.65 370
HINDUNILVR 2361.35 2360
HUDCO 221.22 220
ICICIBANK 1209.1 1230
ICICIGI 1822.4 1880
ICICIPRULI 594.1 600
IDEA 9.55 9
IDFCFIRSTB 62.75 63
IEX 172.65 175
IGL 385.05 400
INDHOTEL 785.5 800
INDIAMART 2084.6 2140
INDIANB 505.65 520
INDIGO 4148.5 4200
INDUSINDBK 960 980
INDUSTOWER 368.95 355
INFY 1881.35 1880
IOC 129.07 135
IPCALAB 1536.55 1580
IRB 52.18 54
IRCTC 791.95 800
IRFC 140.01 137.5
ITC 443.25 445
JINDALSTEL 894.4 920
JIOFIN 245.95 265
JKCEMENT 4776.3 4700
JSL 634.85 630
JSWENERGY 548.25 570
JSWSTEEL 935.5 930
JUBLFOOD 673.5 700
KALYANKJIL 461.4 560
KEI 4343.3 4300
KOTAKBANK 1894.2 1860
KPITTECH 1327 1380
LALPATHLAB 2826 2900
LAURUSLABS 583.95 580
LICHSGFIN 576.25 580
LICI 824.95 850
LODHA 1100.1 1120
LT 3478 3600
LTF 139.71 140
LTIM 6000.55 5900
LTTS 5458.95 5250
LUPIN 2138.05 2180
M&M 2828.2 2900
M&MFIN 270.85 270
MANAPPURAM 197.87 187.5
MARICO 668.9 660
MARUTI 11977 11700
MAXHEALTH 1057.85 1080
MCX 5802 5800
METROPOLIS 1821.35 1920
MFSL 1056.05 1060
MGL 1283.95 1280
MOTHERSON 144.06 150
MPHASIS 3046 3000
MRF 111688.25 115000
MUTHOOTFIN 2177.3 2180
NATIONALUM 204.92 210
NAUKRI 7468.8 7700
NAVINFLUOR 3712.6 3700
NCC 237.75 250
NESTLEIND 2215.25 2200
NHPC 77.53 78
NMDC 67.22 68
NTPC 324.35 325
NYKAA 168.82 170
OBEROIRLTY 1777.05 1840
OFSS 9842.35 10250
OIL 427.1 450
ONGC 258.55 260
PAGEIND 46577.6 47000
PAYTM 810.9 860
PEL 988 1080
PERSISTENT 6350.7 6300
PETRONET 323 335
PFC 410.1 440
PIDILITIND 2846.2 2880
PIIND 3507.1 3550
PNB 98.57 100
POLICYBZR 1698 1750
POLYCAB 6022 6300
POONAWALLA 322.95 320
POWERGRID 297.8 305
PRESTIGE 1267.35 1350
PVRINOX 1071.4 1140
RAMCOCEM 898.6 910
RBLBANK 154.68 160
RECLTD 449.5 490
RELIANCE 1252.05 1260
SAIL 109.13 110
SBICARD 757.3 750
SBILIFE 1444.95 1460
SBIN 746.25 770
SHREECEM 25851.95 26000
SHRIRAMFIN 531.65 540
SIEMENS 5900 6100
SJVN 96.4 97.5
SONACOMS 524.85 550
SRF 2573.35 2560
SUNPHARMA 1819.85 1800
SUNTV 644.7 660
SUPREMEIND 3850.05 4000
SYNGENE 797.15 820
TATACHEM 962.9 1000
TATACOMM 1640.7 1700
TATACONSUM 993.5 960
TATAELXSI 6359.65 6300
TATAMOTORS 737.85 760
TATAPOWER 366.2 380
TATASTEEL 131.29 135
TCS 4153.75 4150
TECHM 1719.1 1700
TIINDIA 3258.6 3400
TITAN 3395.5 3400
TORNTPHARM 3235.2 3300
TRENT 5520.4 6000
TVSMOTOR 2271.65 2300
UBL 2070.4 2040
ULTRACEMCO 11307 11200
UNIONBANK 107.86 110
UNITDSPR 1479.75 1500
UPL 554.55 540
VBL 539.95 550
VEDL 447.3 460
VOLTAS 1464 1540
WIPRO 319.85 310
YESBANK 18.26 19
ZOMATO 219.2 230
ZYDUSLIFE 962.5 990

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.