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[--[65.84.65.76]--]
PHOENIXLTD
The Phoenix Mills Ltd

1629.15 -17.90 (-1.09%)

Max pain for PHOENIXLTD

03 Apr 2025 11:55 AM IST

Max Pain for PHOENIXLTD is 1600  



Strike  1400  has a total call value of 0  versus a total put value of  1,772,750,000 Combined total value = 1,772,750,000

Strike  1450  has a total call value of 10,500,000  versus a total put value of  1,212,750,000 Combined total value = 1,223,250,000

Strike  1500  has a total call value of 21,000,000  versus a total put value of  687,750,000 Combined total value = 708,750,000

Strike  1550  has a total call value of 70,000,000  versus a total put value of  323,750,000 Combined total value = 393,750,000

Strike  1600  has a total call value of 169,750,000  versus a total put value of  96,250,000 Combined total value = 266,000,000

Strike  1650  has a total call value of 420,000,000  versus a total put value of  0 Combined total value = 420,000,000

Strike  1700  has a total call value of 827,750,000  versus a total put value of  0 Combined total value = 827,750,000

Strike  1750  has a total call value of 1,566,250,000  versus a total put value of  0 Combined total value = 1,566,250,000

Strike  1800  has a total call value of 2,450,000,000  versus a total put value of  0 Combined total value = 2,450,000,000

Strike  1850  has a total call value of 3,542,000,000  versus a total put value of  0 Combined total value = 3,542,000,000

Strike  1900  has a total call value of 4,723,250,000  versus a total put value of  0 Combined total value = 4,723,250,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 1629.15 400
ABB 1629.15 5400
ABCAPITAL 1629.15 190
ABFRL 1629.15 265
ACC 1629.15 1940
ADANIENSOL 1629.15 860
ADANIENT 1629.15 2500
ADANIGREEN 1629.15 940
ADANIPORTS 1629.15 1200
ALKEM 1629.15 4950
AMBUJACEM 1629.15 550
ANGELONE 1629.15 2300
APLAPOLLO 1629.15 1520
APOLLOHOSP 1629.15 6700
APOLLOTYRE 1629.15 430
ASHOKLEY 1629.15 210
ASIANPAINT 1629.15 2320
ASTRAL 1629.15 1320
ATGL 1629.15 600
AUBANK 1629.15 550
AUROPHARMA 1629.15 1200
AXISBANK 1629.15 1100
BAJAJ-AUTO 1629.15 8000
BAJAJFINSV 1629.15 1940
BAJFINANCE 1629.15 8700
BALKRISIND 1629.15 2540
BANDHANBNK 1629.15 150
BANKBARODA 1629.15 230
BANKINDIA 1629.15 110
BEL 1629.15 290
BERGEPAINT 1629.15 500
BHARATFORG 1629.15 1160
BHARTIARTL 1629.15 1720
BHEL 1629.15 215
BIOCON 1629.15 350
BOSCHLTD 1629.15 28000
BPCL 1629.15 280
BRITANNIA 1629.15 4900
BSE 1629.15 5200
BSOFT 1629.15 400
CAMS 1629.15 3700
CANBK 1629.15 90
CDSL 1629.15 1200
CESC 1629.15 150
CGPOWER 1629.15 630
CHAMBLFERT 1629.15 620
CHOLAFIN 1629.15 1500
CIPLA 1629.15 1480
COALINDIA 1629.15 400
COFORGE 1629.15 7500
COLPAL 1629.15 2400
CONCOR 1629.15 700
CROMPTON 1629.15 350
CUMMINSIND 1629.15 3050
CYIENT 1629.15 1260
DABUR 1629.15 475
DALBHARAT 1629.15 1800
DEEPAKNTR 1629.15 2000
DELHIVERY 1629.15 260
DIVISLAB 1629.15 5800
DIXON 1629.15 13500
DLF 1629.15 690
DMART 1629.15 4100
DRREDDY 1629.15 1170
EICHERMOT 1629.15 5400
ESCORTS 1629.15 3250
EXIDEIND 1629.15 370
FEDERALBNK 1629.15 195
GAIL 1629.15 182.5
GLENMARK 1629.15 1520
GMRAIRPORT 1629.15 80
GODREJCP 1629.15 1150
GODREJPROP 1629.15 2100
GOLDM 1629.15 90000
GRANULES 1629.15 500
GRASIM 1629.15 2580
HAL 1629.15 4200
HAVELLS 1629.15 1520
HCLTECH 1629.15 1540
HDFCAMC 1629.15 4000
HDFCBANK 1629.15 1800
HDFCLIFE 1629.15 690
HEROMOTOCO 1629.15 3750
HFCL 1629.15 82.5
HINDALCO 1629.15 670
HINDCOPPER 1629.15 230
HINDPETRO 1629.15 360
HINDUNILVR 1629.15 2260
HINDZINC 1629.15 460
HUDCO 1629.15 205
ICICIBANK 1629.15 1330
ICICIGI 1629.15 1800
ICICIPRULI 1629.15 570
IDEA 1629.15 8
IDFCFIRSTB 1629.15 58
IEX 1629.15 180
IGL 1629.15 200
IIFL 1629.15 330
INDHOTEL 1629.15 820
INDIANB 1629.15 550
INDIGO 1629.15 5000
INDUSINDBK 1629.15 700
INDUSTOWER 1629.15 350
INFY 1629.15 1560
INOXWIND 1629.15 165
IOC 1629.15 132.5
IRB 1629.15 46
IRCTC 1629.15 730
IREDA 1629.15 155
IRFC 1629.15 125
ITC 1629.15 410
JINDALSTEL 1629.15 920
JIOFIN 1629.15 230
JSL 1629.15 600
JSWENERGY 1629.15 530
JSWSTEEL 1629.15 1050
JUBLFOOD 1629.15 670
KALYANKJIL 1629.15 500
KEI 1629.15 2900
KOTAKBANK 1629.15 2120
KPITTECH 1629.15 1260
LAURUSLABS 1629.15 610
LICHSGFIN 1629.15 570
LICI 1629.15 800
LODHA 1629.15 1200
LT 1629.15 3460
LTF 1629.15 150
LTIM 1629.15 4500
LUPIN 1629.15 2100
M&M 1629.15 2700
M&MFIN 1629.15 275
MANAPPURAM 1629.15 230
MARICO 1629.15 650
MARUTI 1629.15 11700
MAXHEALTH 1629.15 1120
MCX 1629.15 5400
MFSL 1629.15 1140
MGL 1629.15 1400
MOTHERSON 1629.15 130
MPHASIS 1629.15 2480
MRF 1629.15 114000
MUTHOOTFIN 1629.15 2300
NATIONALUM 1629.15 185
NAUKRI 1629.15 6900
NBCC 1629.15 80
NCC 1629.15 210
NESTLEIND 1629.15 2220
NHPC 1629.15 84
NMDC 1629.15 70
NTPC 1629.15 360
NYKAA 1629.15 177.5
OBEROIRLTY 1629.15 1600
OFSS 1629.15 7750
OIL 1629.15 390
ONGC 1629.15 250
PAGEIND 1629.15 43000
PATANJALI 1629.15 1820
PAYTM 1629.15 800
PEL 1629.15 1000
PERSISTENT 1629.15 5000
PETRONET 1629.15 300
PFC 1629.15 420
PHOENIXLTD 1629.15 1600
PIDILITIND 1629.15 2840
PIIND 1629.15 3500
PNB 1629.15 96
PNBHOUSING 1629.15 900
POLICYBZR 1629.15 1580
POLYCAB 1629.15 5200
POONAWALLA 1629.15 340
POWERGRID 1629.15 292.5
PRESTIGE 1629.15 1180
RAMCOCEM 1629.15 910
RBLBANK 1629.15 175
RECLTD 1629.15 430
RELIANCE 1629.15 1280
SAIL 1629.15 120
SBICARD 1629.15 860
SBILIFE 1629.15 1560
SBIN 1629.15 780
SHREECEM 1629.15 30500
SHRIRAMFIN 1629.15 650
SIEMENS 1629.15 5300
SILVER 1629.15 98000
SJVN 1629.15 92.5
SOLARINDS 1629.15 11100
SONACOMS 1629.15 460
SRF 1629.15 2940
SUNPHARMA 1629.15 1740
SUPREMEIND 1629.15 3500
SYNGENE 1629.15 730
TATACHEM 1629.15 860
TATACOMM 1629.15 1600
TATACONSUM 1629.15 1040
TATAELXSI 1629.15 5200
TATAMOTORS 1629.15 680
TATAPOWER 1629.15 390
TATASTEEL 1629.15 155
TATATECH 1629.15 680
TCS 1629.15 3550
TECHM 1629.15 1420
TIINDIA 1629.15 2700
TITAGARH 1629.15 800
TITAN 1629.15 3100
TORNTPHARM 1629.15 3250
TORNTPOWER 1629.15 1500
TRENT 1629.15 5500
TVSMOTOR 1629.15 2460
ULTRACEMCO 1629.15 11300
UNIONBANK 1629.15 125
UNITDSPR 1629.15 1400
UPL 1629.15 650
VBL 1629.15 540
VEDL 1629.15 460
VOLTAS 1629.15 1380
WIPRO 1629.15 265
YESBANK 1629.15 17
ZOMATO 1629.15 210
ZYDUSLIFE 1629.15 910

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.