PIDILITIND
Pidilite Industries Ltd
Max pain for PIDILITIND
14 Nov 2024 09:33 AM IST
Max Pain for PIDILITIND is 3100
Strike 2800 has a total call value of 0 versus a total put value of 7,760,500,000 Combined total value = 7,760,500,000
Strike 2820 has a total call value of 0 versus a total put value of 7,106,500,000 Combined total value = 7,106,500,000
Strike 2840 has a total call value of 0 versus a total put value of 6,456,000,000 Combined total value = 6,456,000,000
Strike 2860 has a total call value of 0 versus a total put value of 5,833,000,000 Combined total value = 5,833,000,000
Strike 2880 has a total call value of 0 versus a total put value of 5,210,000,000 Combined total value = 5,210,000,000
Strike 2900 has a total call value of 0 versus a total put value of 4,612,500,000 Combined total value = 4,612,500,000
Strike 2920 has a total call value of 0 versus a total put value of 4,078,500,000 Combined total value = 4,078,500,000
Strike 2940 has a total call value of 0 versus a total put value of 3,544,500,000 Combined total value = 3,544,500,000
Strike 2960 has a total call value of 0 versus a total put value of 3,034,500,000 Combined total value = 3,034,500,000
Strike 2980 has a total call value of 0 versus a total put value of 2,561,500,000 Combined total value = 2,561,500,000
Strike 3000 has a total call value of 15,000,000 versus a total put value of 2,112,000,000 Combined total value = 2,127,000,000
Strike 3020 has a total call value of 78,500,000 versus a total put value of 1,751,500,000 Combined total value = 1,830,000,000
Strike 3040 has a total call value of 168,500,000 versus a total put value of 1,453,500,000 Combined total value = 1,622,000,000
Strike 3060 has a total call value of 287,000,000 versus a total put value of 1,180,500,000 Combined total value = 1,467,500,000
Strike 3080 has a total call value of 405,500,000 versus a total put value of 907,500,000 Combined total value = 1,313,000,000
Strike 3100 has a total call value of 562,500,000 versus a total put value of 654,500,000 Combined total value = 1,217,000,000
Strike 3120 has a total call value of 857,000,000 versus a total put value of 516,000,000 Combined total value = 1,373,000,000
Strike 3140 has a total call value of 1,188,500,000 versus a total put value of 397,500,000 Combined total value = 1,586,000,000
Strike 3160 has a total call value of 1,615,500,000 versus a total put value of 308,000,000 Combined total value = 1,923,500,000
Strike 3180 has a total call value of 2,109,500,000 versus a total put value of 264,000,000 Combined total value = 2,373,500,000
Strike 3200 has a total call value of 2,709,500,000 versus a total put value of 220,000,000 Combined total value = 2,929,500,000
Strike 3220 has a total call value of 3,791,500,000 versus a total put value of 176,000,000 Combined total value = 3,967,500,000
Strike 3240 has a total call value of 4,904,500,000 versus a total put value of 132,000,000 Combined total value = 5,036,500,000
Strike 3260 has a total call value of 6,017,500,000 versus a total put value of 88,000,000 Combined total value = 6,105,500,000
Strike 3280 has a total call value of 7,178,500,000 versus a total put value of 44,000,000 Combined total value = 7,222,500,000
Strike 3300 has a total call value of 8,385,500,000 versus a total put value of 0 Combined total value = 8,385,500,000
Strike 3320 has a total call value of 9,830,500,000 versus a total put value of 0 Combined total value = 9,830,500,000
Strike 3340 has a total call value of 11,275,500,000 versus a total put value of 0 Combined total value = 11,275,500,000
Strike 3360 has a total call value of 12,720,500,000 versus a total put value of 0 Combined total value = 12,720,500,000
Strike 3380 has a total call value of 14,165,500,000 versus a total put value of 0 Combined total value = 14,165,500,000
Strike 3400 has a total call value of 15,610,500,000 versus a total put value of 0 Combined total value = 15,610,500,000
Strike 3420 has a total call value of 17,154,500,000 versus a total put value of 0 Combined total value = 17,154,500,000
Strike 3440 has a total call value of 18,698,500,000 versus a total put value of 0 Combined total value = 18,698,500,000
Strike 3460 has a total call value of 20,242,500,000 versus a total put value of 0 Combined total value = 20,242,500,000
Strike 3480 has a total call value of 21,786,500,000 versus a total put value of 0 Combined total value = 21,786,500,000
Strike 3500 has a total call value of 23,330,500,000 versus a total put value of 0 Combined total value = 23,330,500,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 430.7 | 440 |
| ABB | 6695.85 | 7100 |
| ABBOTINDIA | 27791.9 | 28500 |
| ABCAPITAL | 189.15 | 200 |
| ABFRL | 292.5 | 270 |
| ACC | 2195.75 | 2300 |
| ADANIENT | 2826.15 | 3000 |
| ADANIPORTS | 1283.45 | 1340 |
| ALKEM | 5587.65 | 5500 |
| AMBUJACEM | 546.25 | 560 |
| APOLLOHOSP | 6851.2 | 7000 |
| APOLLOTYRE | 467.25 | 470 |
| ASHOKLEY | 216.05 | 220 |
| ASIANPAINT | 2481.6 | 2540 |
| ASTRAL | 1723.15 | 1760 |
| ATUL | 7283.15 | 7300 |
| AUBANK | 569.4 | 590 |
| AUROPHARMA | 1266.2 | 1300 |
| AXISBANK | 1147.7 | 1160 |
| BAJAJ-AUTO | 9465 | 9700 |
| BAJAJFINSV | 1659.95 | 1700 |
| BAJFINANCE | 6576 | 6800 |
| BALKRISIND | 2743.25 | 2750 |
| BANDHANBNK | 166.4 | 177.5 |
| BANKBARODA | 246.15 | 255 |
| BATAINDIA | 1329.65 | 1330 |
| BEL | 279.1 | 290 |
| BERGEPAINT | 489.2 | 500 |
| BHARATFORG | 1327.8 | 1380 |
| BHARTIARTL | 1542.7 | 1580 |
| BHEL | 223.6 | 235 |
| BIOCON | 333.9 | 335 |
| BOSCHLTD | 33292.7 | 34000 |
| BPCL | 304.55 | 310 |
| BRITANNIA | 4990 | 5100 |
| BSOFT | 551.95 | 560 |
| CANBK | 99.83 | 103 |
| CANFINHOME | 819.1 | 840 |
| CHAMBLFERT | 461.75 | 480 |
| CHOLAFIN | 1189.2 | 1260 |
| CIPLA | 1492 | 1540 |
| COALINDIA | 406.95 | 424.25 |
| COFORGE | 8143.2 | 8000 |
| COLPAL | 2749.85 | 2850 |
| CONCOR | 784.65 | 820 |
| COROMANDEL | 1668.2 | 1700 |
| CROMPTON | 381.55 | 395 |
| CUB | 172.09 | 175 |
| CUMMINSIND | 3306.5 | 3500 |
| DABUR | 510.15 | 530 |
| DALBHARAT | 1692.65 | 1780 |
| DEEPAKNTR | 2489 | 2600 |
| DIVISLAB | 5731.55 | 5900 |
| DIXON | 14840.9 | 14750 |
| DLF | 757.85 | 780 |
| DRREDDY | 1239.55 | 1270 |
| EICHERMOT | 4910 | 4800 |
| ESCORTS | 3491.5 | 3600 |
| EXIDEIND | 418.25 | 440 |
| FEDERALBNK | 199.69 | 202.5 |
| GAIL | 189 | 200 |
| GLENMARK | 1544.1 | 1600 |
| GMRINFRA | 76.47 | 80 |
| GNFC | 549.9 | 560 |
| GODREJCP | 1184.3 | 1200 |
| GODREJPROP | 2582.45 | 2700 |
| GRANULES | 529.05 | 560 |
| GRASIM | 2502.5 | 2520 |
| GUJGASLTD | 491.65 | 510 |
| HAL | 4005.35 | 4300 |
| HAVELLS | 1609.35 | 1640 |
| HCLTECH | 1890.85 | 1820 |
| HDFCAMC | 4311 | 4350 |
| HDFCBANK | 1697.3 | 1720 |
| HDFCLIFE | 687.05 | 700 |
| HEROMOTOCO | 4497.75 | 4800 |
| HINDALCO | 631.5 | 650 |
| HINDCOPPER | 261.95 | 290 |
| HINDPETRO | 369.95 | 380 |
| HINDUNILVR | 2438 | 2500 |
| ICICIBANK | 1256.7 | 1260 |
| ICICIGI | 1868.05 | 1900 |
| ICICIPRULI | 694.9 | 710 |
| IDEA | 7.51 | 8 |
| IDFCFIRSTB | 64.02 | 65 |
| IEX | 162.73 | 170 |
| IGL | 412.85 | 420 |
| INDHOTEL | 721.05 | 720 |
| INDIAMART | 2317.6 | 2400 |
| INDIGO | 3873.4 | 4000 |
| INDUSINDBK | 1038.85 | 1080 |
| INDUSTOWER | 318 | 340 |
| INFY | 1871.6 | 1820 |
| IOC | 135.73 | 142.5 |
| IPCALAB | 1513.25 | 1520 |
| IRCTC | 797 | 830 |
| ITC | 470.5 | 480 |
| JINDALSTEL | 874.85 | 910 |
| JKCEMENT | 3960.1 | 4150 |
| JSWSTEEL | 934.75 | 960 |
| JUBLFOOD | 619.65 | 620 |
| KOTAKBANK | 1696.2 | 1740 |
| LALPATHLAB | 2933.35 | 3100 |
| LAURUSLABS | 479.85 | 490 |
| LICHSGFIN | 612.95 | 630 |
| LT | 3527.15 | 3600 |
| LTF | 136.72 | 140 |
| LTIM | 5932.7 | 5950 |
| LTTS | 5184.35 | 5200 |
| LUPIN | 2027.25 | 2100 |
| M&M | 2763.9 | 2850 |
| M&MFIN | 258.85 | 270 |
| MANAPPURAM | 159 | 157.5 |
| MARICO | 595.1 | 610 |
| MARUTI | 10969.35 | 11100 |
| MCX | 6056.6 | 6200 |
| METROPOLIS | 2040.05 | 2100 |
| MFSL | 1212.45 | 1240 |
| MGL | 1325.45 | 1400 |
| MOTHERSON | 163.52 | 170 |
| MPHASIS | 2874.9 | 2900 |
| MRF | 121145.6 | 120000 |
| MUTHOOTFIN | 1767.35 | 1820 |
| NATIONALUM | 223.5 | 225 |
| NAUKRI | 7624.5 | 7700 |
| NAVINFLUOR | 3280.55 | 3350 |
| NESTLEIND | 2225.75 | 2300 |
| NMDC | 225.8 | 230 |
| NTPC | 383.3 | 390 |
| OBEROIRLTY | 1956.9 | 2000 |
| OFSS | 11963.4 | 11500 |
| ONGC | 251.95 | 260 |
| PAGEIND | 45920 | 46000 |
| PEL | 1024.1 | 1040 |
| PERSISTENT | 5753.7 | 5600 |
| PETRONET | 317.05 | 328 |
| PFC | 464.8 | 460 |
| PIDILITIND | 2977.95 | 3100 |
| PIIND | 4081.1 | 4300 |
| PNB | 101.72 | 105 |
| POLYCAB | 6350 | 6500 |
| POWERGRID | 312.95 | 320 |
| PVRINOX | 1461.1 | 1500 |
| RAMCOCEM | 891.35 | 880 |
| RBLBANK | 153.54 | 160 |
| RECLTD | 510.65 | 520 |
| RELIANCE | 1260.4 | 1300 |
| SAIL | 112.83 | 115 |
| SBICARD | 685.85 | 690 |
| SBILIFE | 1557.05 | 1580 |
| SBIN | 812.65 | 830 |
| SHREECEM | 23758.1 | 24500 |
| SHRIRAMFIN | 2810.1 | 3000 |
| SIEMENS | 6632.3 | 6900 |
| SRF | 2200.25 | 2280 |
| SUNPHARMA | 1776.55 | 1820 |
| SUNTV | 724.7 | 730 |
| SYNGENE | 859.9 | 880 |
| TATACHEM | 1045.45 | 1100 |
| TATACOMM | 1757.15 | 1780 |
| TATACONSUM | 951.6 | 980 |
| TATAMOTORS | 785 | 810 |
| TATAPOWER | 405.3 | 425 |
| TATASTEEL | 139.65 | 145 |
| TCS | 4146.85 | 4150 |
| TECHM | 1686.05 | 1660 |
| TITAN | 3176.2 | 3200 |
| TORNTPHARM | 3116.35 | 3200 |
| TRENT | 6447.4 | 6600 |
| TVSMOTOR | 2370.1 | 2400 |
| UBL | 1867.15 | 1900 |
| ULTRACEMCO | 10614.5 | 11000 |
| UNITDSPR | 1435.9 | 1460 |
| UPL | 511.4 | 530 |
| VEDL | 433.55 | 460 |
| VOLTAS | 1711.55 | 1700 |
| WIPRO | 571.5 | 560 |
| ZYDUSLIFE | 972.4 | 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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.
