PIDILITIND
Pidilite Industries Ltd
Max pain for PIDILITIND
04 Dec 2024 09:13 AM IST
Max Pain for PIDILITIND is 2800
Strike 2800 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2820 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2840 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2860 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2880 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2900 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2920 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2940 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2960 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 2980 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3000 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3020 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3040 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3060 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3080 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3100 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3120 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3140 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3160 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3180 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3200 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3220 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3240 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3260 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3280 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3300 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3320 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3340 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3360 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3380 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Strike 3400 has a total call value of 0 versus a total put value of 0 Combined total value = 0
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 447.3 | 400 |
| ABB | 7609.5 | 7100 |
| ABBOTINDIA | 28394.15 | 27500 |
| ABCAPITAL | 199.07 | 240 |
| ABFRL | 319.6 | 295 |
| ACC | 2287.4 | 2200 |
| ADANIENSOL | 810.85 | 740 |
| ADANIENT | 2519.25 | 3400 |
| ADANIGREEN | 1292.7 | 1240 |
| ADANIPORTS | 1293.1 | 1220 |
| ALKEM | 5675.35 | 5200 |
| AMBUJACEM | 567.85 | 400 |
| ANGELONE | 3070.8 | 3000 |
| APLAPOLLO | 1563.9 | 1480 |
| APOLLOHOSP | 7190 | 7000 |
| APOLLOTYRE | 521.45 | 460 |
| ASHOKLEY | 233.83 | 230 |
| ASIANPAINT | 2474.75 | 2380 |
| ASTRAL | 1850.95 | 1760 |
| ATGL | 768.05 | 920 |
| ATUL | 7427.65 | 7000 |
| AUBANK | 596.1 | 600 |
| AUROPHARMA | 1263.2 | 1540 |
| AXISBANK | 1164.95 | 1110 |
| BAJAJ-AUTO | 9180 | 8100 |
| BAJAJFINSV | 1613.8 | 1520 |
| BAJFINANCE | 6691.65 | 6300 |
| BALKRISIND | 2847.95 | 2650 |
| BANDHANBNK | 175 | 167.5 |
| BANKBARODA | 255 | 300 |
| BANKINDIA | 114.86 | 100 |
| BATAINDIA | 1426.2 | 1470 |
| BEL | 318.3 | 220 |
| BERGEPAINT | 482.35 | 460 |
| BHARATFORG | 1361.55 | 1280 |
| BHARTIARTL | 1614.65 | 1540 |
| BHEL | 254 | 230 |
| BIOCON | 372 | 375 |
| BOSCHLTD | 34899.55 | 32500 |
| BPCL | 294 | 270 |
| BRITANNIA | 4917.15 | 4500 |
| BSE | 4536.35 | 4500 |
| BSOFT | 602.05 | 560 |
| CAMS | 5117.95 | 4700 |
| CANBK | 105.87 | 90 |
| CANFINHOME | 834.05 | 810 |
| CDSL | 1669.8 | 1580 |
| CESC | 184.99 | 165 |
| CGPOWER | 761.6 | 760 |
| CHAMBLFERT | 527.4 | 480 |
| CHOLAFIN | 1265.05 | 1180 |
| CIPLA | 1528.55 | 1440 |
| COALINDIA | 422.4 | 419.25 |
| COFORGE | 8698.55 | 8300 |
| COLPAL | 2892.35 | 3500 |
| CONCOR | 842.3 | 800 |
| COROMANDEL | 1782.25 | 1700 |
| CROMPTON | 407.55 | 385 |
| CUB | 183.45 | 140 |
| CUMMINSIND | 3536.65 | 3300 |
| CYIENT | 1892 | 1780 |
| DABUR | 523.55 | 470 |
| DALBHARAT | 1923.35 | 1740 |
| DEEPAKNTR | 2646.2 | 2450 |
| DELHIVERY | 338.8 | 315 |
| DIVISLAB | 6206.05 | 6000 |
| DIXON | 16980.3 | 15750 |
| DLF | 848.45 | 700 |
| DMART | 3858.3 | 3650 |
| DRREDDY | 1220.85 | 1170 |
| EICHERMOT | 4855.45 | 4600 |
| ESCORTS | 3531.95 | 4100 |
| EXIDEIND | 455.8 | 400 |
| FEDERALBNK | 209.54 | 200 |
| GAIL | 202.54 | 165 |
| GLENMARK | 1557.35 | 1700 |
| GMRINFRA | 83.71 | 82 |
| GNFC | 637.7 | 690 |
| GODREJCP | 1230.85 | 1140 |
| GODREJPROP | 2852.85 | 2650 |
| GRANULES | 532.9 | 690 |
| GRASIM | 2712.5 | 2620 |
| GUJGASLTD | 498.7 | 420 |
| HAL | 4597.05 | 4200 |
| HAVELLS | 1753.65 | 1680 |
| HCLTECH | 1881.4 | 1800 |
| HDFCAMC | 4272.25 | 4050 |
| HDFCBANK | 1834.95 | 1790 |
| HDFCLIFE | 637.6 | 590 |
| HEROMOTOCO | 4706 | 4300 |
| HFCL | 130.66 | 120 |
| HINDALCO | 666 | 590 |
| HINDCOPPER | 285.4 | 230 |
| HINDPETRO | 384.15 | 380 |
| HINDUNILVR | 2482.5 | 2960 |
| HUDCO | 235.5 | 215 |
| ICICIBANK | 1305.5 | 1260 |
| ICICIGI | 1885.25 | 1900 |
| ICICIPRULI | 685.65 | 640 |
| IDEA | 8.19 | 8 |
| IDFCFIRSTB | 65.35 | 60 |
| IEX | 182.86 | 140 |
| IGL | 359.65 | 300 |
| INDHOTEL | 810.2 | 720 |
| INDIAMART | 2362.5 | 2150 |
| INDIANB | 580.5 | 540 |
| INDIGO | 4424.7 | 4200 |
| INDUSINDBK | 1002.4 | 920 |
| INDUSTOWER | 353.5 | 290 |
| INFY | 1880.1 | 1800 |
| IOC | 139.44 | 137.5 |
| IPCALAB | 1497.1 | 1420 |
| IRB | 55.29 | 50 |
| IRCTC | 834.75 | 700 |
| IRFC | 149.1 | 137.5 |
| ITC | 475.15 | 400 |
| JINDALSTEL | 926.6 | 820 |
| JIOFIN | 342.3 | 320 |
| JKCEMENT | 4608 | 4400 |
| JSL | 719.4 | 670 |
| JSWENERGY | 648.75 | 610 |
| JSWSTEEL | 995.75 | 950 |
| JUBLFOOD | 656.85 | 580 |
| KALYANKJIL | 727.05 | 690 |
| KEI | 4396 | 3900 |
| KOTAKBANK | 1751.7 | 1660 |
| KPITTECH | 1440.75 | 1360 |
| LALPATHLAB | 2965.4 | 2750 |
| LAURUSLABS | 582.7 | 510 |
| LICHSGFIN | 635.65 | 550 |
| LICI | 969.05 | 880 |
| LODHA | 1296.9 | 1220 |
| LT | 3800.25 | 3550 |
| LTF | 146.72 | 120 |
| LTIM | 6180.4 | 6000 |
| LTTS | 5354.9 | 5100 |
| LUPIN | 2087.05 | 2000 |
| M&M | 3012.5 | 2800 |
| M&MFIN | 287.75 | 265 |
| MANAPPURAM | 165.29 | 135 |
| MARICO | 639.55 | 630 |
| MARUTI | 11292.9 | 10800 |
| MAXHEALTH | 1031.35 | 940 |
| MCX | 6246.15 | 5800 |
| METROPOLIS | 2077.9 | 2400 |
| MFSL | 1143.85 | 1040 |
| MGL | 1270.6 | 1100 |
| MOTHERSON | 166.2 | 150 |
| MPHASIS | 3019.35 | 2800 |
| MRF | 125602.65 | 123500 |
| MUTHOOTFIN | 1942.8 | 1860 |
| NATIONALUM | 247.98 | 210 |
| NAUKRI | 8401.5 | 7500 |
| NAVINFLUOR | 3582.6 | 3350 |
| NCC | 315 | 270 |
| NESTLEIND | 2259.1 | 2600 |
| NHPC | 82.26 | 78 |
| NMDC | 236.25 | 210 |
| NTPC | 369.35 | 310 |
| NYKAA | 172.39 | 200 |
| OBEROIRLTY | 2104.1 | 2000 |
| OFSS | 12562.6 | 11500 |
| OIL | 492.05 | 450 |
| ONGC | 262.95 | 289 |
| PAGEIND | 46206.25 | 44000 |
| PAYTM | 904.8 | 820 |
| PEL | 1235.5 | 1160 |
| PERSISTENT | 6046.6 | 5600 |
| PETRONET | 339.05 | 305 |
| PFC | 505.35 | 390 |
| PIDILITIND | 3135.4 | 2800 |
| PIIND | 4128.8 | 3900 |
| PNB | 108.1 | 92 |
| POLICYBZR | 1920.1 | 1700 |
| POLYCAB | 7440 | 7000 |
| POONAWALLA | 351.05 | 290 |
| POWERGRID | 327.75 | 370 |
| PRESTIGE | 1729.75 | 1500 |
| PVRINOX | 1607.75 | 1520 |
| RAMCOCEM | 1043.85 | 1100 |
| RBLBANK | 165.1 | 152.5 |
| RECLTD | 547.1 | 420 |
| RELIANCE | 1321.65 | 1060 |
| SAIL | 123.16 | 120 |
| SBICARD | 706.6 | 685 |
| SBILIFE | 1443.1 | 1280 |
| SBIN | 853.9 | 890 |
| SHREECEM | 27206.6 | 26000 |
| SHRIRAMFIN | 3151.5 | 2900 |
| SIEMENS | 7791.7 | 7300 |
| SJVN | 117.75 | 107.5 |
| SONACOMS | 673 | 630 |
| SRF | 2320 | 2000 |
| SUNPHARMA | 1805 | 1720 |
| SUNTV | 776.5 | 740 |
| SUPREMEIND | 4768.25 | 4400 |
| SYNGENE | 933 | 890 |
| TATACHEM | 1134.85 | 1040 |
| TATACOMM | 1810.6 | 1900 |
| TATACONSUM | 954.25 | 910 |
| TATAELXSI | 7120.05 | 6700 |
| TATAMOTORS | 800.6 | 670 |
| TATAPOWER | 430.4 | 400 |
| TATASTEEL | 146.28 | 137.5 |
| TCS | 4314.9 | 4100 |
| TECHM | 1746.95 | 1660 |
| TIINDIA | 3625.5 | 3400 |
| TITAN | 3347.9 | 3100 |
| TORNTPHARM | 3348 | 3150 |
| TRENT | 6885.1 | 6400 |
| TVSMOTOR | 2552.65 | 2350 |
| UBL | 1955.85 | 1880 |
| ULTRACEMCO | 11885.4 | 11400 |
| UNIONBANK | 126.63 | 110 |
| UNITDSPR | 1541.2 | 1460 |
| UPL | 565.15 | 540 |
| VBL | 626.2 | 580 |
| VEDL | 467.25 | 420 |
| VOLTAS | 1698.75 | 1600 |
| WIPRO | 292.95 | 230 |
| YESBANK | 20.92 | 21 |
| ZOMATO | 283.1 | 260 |
| ZYDUSLIFE | 981.85 | 800 |
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.
