PNB
Punjab National Bank
Max pain for PNB
11 Jul 2025 04:12 PM IST
Max Pain for PNB is 110
Strike 89.1 has a total call value of 0 versus a total put value of 126,552,320,000 Combined total value = 126,552,320,000
Strike 90 has a total call value of 0 versus a total put value of 120,179,600,000 Combined total value = 120,179,600,000
Strike 91 has a total call value of 0 versus a total put value of 113,155,600,000 Combined total value = 113,155,600,000
Strike 91.1 has a total call value of 0 versus a total put value of 112,453,200,000 Combined total value = 112,453,200,000
Strike 92 has a total call value of 0 versus a total put value of 106,131,600,000 Combined total value = 106,131,600,000
Strike 92.1 has a total call value of 0 versus a total put value of 105,429,200,000 Combined total value = 105,429,200,000
Strike 93 has a total call value of 0 versus a total put value of 99,173,120,000 Combined total value = 99,173,120,000
Strike 93.1 has a total call value of 0 versus a total put value of 98,478,000,000 Combined total value = 98,478,000,000
Strike 94 has a total call value of 0 versus a total put value of 92,221,920,000 Combined total value = 92,221,920,000
Strike 94.1 has a total call value of 0 versus a total put value of 91,529,280,000 Combined total value = 91,529,280,000
Strike 95 has a total call value of 0 versus a total put value of 85,295,520,000 Combined total value = 85,295,520,000
Strike 95.1 has a total call value of 0 versus a total put value of 84,616,800,000 Combined total value = 84,616,800,000
Strike 96 has a total call value of 0 versus a total put value of 78,568,800,000 Combined total value = 78,568,800,000
Strike 96.1 has a total call value of 0 versus a total put value of 77,903,360,000 Combined total value = 77,903,360,000
Strike 97 has a total call value of 0 versus a total put value of 71,944,640,000 Combined total value = 71,944,640,000
Strike 97.1 has a total call value of 0 versus a total put value of 71,286,560,000 Combined total value = 71,286,560,000
Strike 98 has a total call value of 55,440,000 versus a total put value of 65,494,880,000 Combined total value = 65,550,320,000
Strike 98.1 has a total call value of 61,600,000 versus a total put value of 64,859,200,000 Combined total value = 64,920,800,000
Strike 99 has a total call value of 124,240,000 versus a total put value of 59,156,080,000 Combined total value = 59,280,320,000
Strike 99.1 has a total call value of 131,200,000 versus a total put value of 58,527,680,000 Combined total value = 58,658,880,000
Strike 100 has a total call value of 193,840,000 versus a total put value of 52,914,560,000 Combined total value = 53,108,400,000
Strike 100.1 has a total call value of 215,920,000 versus a total put value of 52,343,440,000 Combined total value = 52,559,360,000
Strike 101 has a total call value of 454,240,000 versus a total put value of 47,256,640,000 Combined total value = 47,710,880,000
Strike 101.1 has a total call value of 480,720,000 versus a total put value of 46,697,840,000 Combined total value = 47,178,560,000
Strike 102 has a total call value of 719,040,000 versus a total put value of 41,707,520,000 Combined total value = 42,426,560,000
Strike 102.1 has a total call value of 748,480,000 versus a total put value of 41,166,480,000 Combined total value = 41,914,960,000
Strike 103 has a total call value of 1,013,440,000 versus a total put value of 36,389,280,000 Combined total value = 37,402,720,000
Strike 103.1 has a total call value of 1,042,880,000 versus a total put value of 35,868,480,000 Combined total value = 36,911,360,000
Strike 104 has a total call value of 1,384,880,000 versus a total put value of 31,224,480,000 Combined total value = 32,609,360,000
Strike 104.1 has a total call value of 1,425,600,000 versus a total put value of 30,717,680,000 Combined total value = 32,143,280,000
Strike 105 has a total call value of 1,841,760,000 versus a total put value of 26,201,840,000 Combined total value = 28,043,600,000
Strike 105.1 has a total call value of 1,912,720,000 versus a total put value of 25,743,120,000 Combined total value = 27,655,840,000
Strike 106 has a total call value of 2,784,640,000 versus a total put value of 21,709,680,000 Combined total value = 24,494,320,000
Strike 106.1 has a total call value of 2,894,320,000 versus a total put value of 21,274,960,000 Combined total value = 24,169,280,000
Strike 107 has a total call value of 3,881,440,000 versus a total put value of 17,425,120,000 Combined total value = 21,306,560,000
Strike 107.1 has a total call value of 4,009,040,000 versus a total put value of 17,019,440,000 Combined total value = 21,028,480,000
Strike 108 has a total call value of 5,564,960,000 versus a total put value of 13,652,720,000 Combined total value = 19,217,680,000
Strike 108.1 has a total call value of 5,753,600,000 versus a total put value of 13,311,920,000 Combined total value = 19,065,520,000
Strike 109 has a total call value of 7,516,880,000 versus a total put value of 10,305,200,000 Combined total value = 17,822,080,000
Strike 109.1 has a total call value of 7,720,960,000 versus a total put value of 9,984,560,000 Combined total value = 17,705,520,000
Strike 110 has a total call value of 9,608,800,000 versus a total put value of 7,157,120,000 Combined total value = 16,765,920,000
Strike 110.1 has a total call value of 9,937,360,000 versus a total put value of 6,975,520,000 Combined total value = 16,912,880,000
Strike 111 has a total call value of 12,976,480,000 versus a total put value of 5,341,120,000 Combined total value = 18,317,600,000
Strike 111.1 has a total call value of 13,350,880,000 versus a total put value of 5,177,360,000 Combined total value = 18,528,240,000
Strike 112 has a total call value of 16,827,040,000 versus a total put value of 3,736,640,000 Combined total value = 20,563,680,000
Strike 112.1 has a total call value of 17,257,760,000 versus a total put value of 3,601,120,000 Combined total value = 20,858,880,000
Strike 113 has a total call value of 21,337,280,000 versus a total put value of 2,566,480,000 Combined total value = 23,903,760,000
Strike 113.1 has a total call value of 21,845,200,000 versus a total put value of 2,473,040,000 Combined total value = 24,318,240,000
Strike 114 has a total call value of 26,495,680,000 versus a total put value of 1,632,080,000 Combined total value = 28,127,760,000
Strike 114.1 has a total call value of 27,040,320,000 versus a total put value of 1,557,360,000 Combined total value = 28,597,680,000
Strike 115 has a total call value of 32,020,560,000 versus a total put value of 884,880,000 Combined total value = 32,905,440,000
Strike 115.1 has a total call value of 32,715,360,000 versus a total put value of 863,920,000 Combined total value = 33,579,280,000
Strike 116 has a total call value of 39,062,160,000 versus a total put value of 675,280,000 Combined total value = 39,737,440,000
Strike 116.1 has a total call value of 39,781,920,000 versus a total put value of 654,320,000 Combined total value = 40,436,240,000
Strike 117 has a total call value of 46,292,880,000 versus a total put value of 465,680,000 Combined total value = 46,758,560,000
Strike 117.1 has a total call value of 47,032,880,000 versus a total put value of 445,040,000 Combined total value = 47,477,920,000
Strike 118 has a total call value of 53,889,440,000 versus a total put value of 305,360,000 Combined total value = 54,194,800,000
Strike 118.1 has a total call value of 54,678,400,000 versus a total put value of 289,840,000 Combined total value = 54,968,240,000
Strike 119 has a total call value of 61,779,040,000 versus a total put value of 150,160,000 Combined total value = 61,929,200,000
Strike 119.1 has a total call value of 62,574,560,000 versus a total put value of 134,640,000 Combined total value = 62,709,200,000
Strike 120 has a total call value of 69,793,280,000 versus a total put value of 0 Combined total value = 69,793,280,000
Strike 121 has a total call value of 78,870,880,000 versus a total put value of 0 Combined total value = 78,870,880,000
Strike 121.1 has a total call value of 79,786,160,000 versus a total put value of 0 Combined total value = 79,786,160,000
Strike 122 has a total call value of 88,118,720,000 versus a total put value of 0 Combined total value = 88,118,720,000
Strike 123 has a total call value of 97,501,120,000 versus a total put value of 0 Combined total value = 97,501,120,000
Strike 123.1 has a total call value of 98,439,360,000 versus a total put value of 0 Combined total value = 98,439,360,000
Strike 124 has a total call value of 107,020,320,000 versus a total put value of 0 Combined total value = 107,020,320,000
Strike 125 has a total call value of 116,671,520,000 versus a total put value of 0 Combined total value = 116,671,520,000
Strike 126 has a total call value of 126,401,120,000 versus a total put value of 0 Combined total value = 126,401,120,000
Strike 127 has a total call value of 136,351,520,000 versus a total put value of 0 Combined total value = 136,351,520,000
Strike 128 has a total call value of 146,301,920,000 versus a total put value of 0 Combined total value = 146,301,920,000
Strike 129 has a total call value of 156,309,120,000 versus a total put value of 0 Combined total value = 156,309,120,000
Strike 130 has a total call value of 166,316,320,000 versus a total put value of 0 Combined total value = 166,316,320,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
360ONE | 1191 | 1200 |
AARTIIND | 441 | 460 |
ABB | 5756.5 | 6000 |
ABCAPITAL | 269 | 270 |
ABFRL | 76.65 | 75 |
ACC | 1982.5 | 1940 |
ADANIENSOL | 870.7 | 880 |
ADANIENT | 2558.7 | 2620 |
ADANIGREEN | 994.5 | 1000 |
ADANIPORTS | 1431.7 | 1420 |
ALKEM | 4800 | 4850 |
AMBER | 7466.5 | 7200 |
AMBUJACEM | 584.15 | 590 |
ANGELONE | 2678.9 | 2800 |
APLAPOLLO | 1703 | 1740 |
APOLLOHOSP | 7200 | 7350 |
ASHOKLEY | 246.25 | 250 |
ASIANPAINT | 2439.2 | 2400 |
ASTRAL | 1475 | 1500 |
ATGL | 643.75 | 670 |
AUBANK | 821 | 815 |
AUROPHARMA | 1125.7 | 1140 |
AXISBANK | 1173.8 | 1180 |
BAJAJ-AUTO | 8067 | 8390 |
BAJAJFINSV | 2012.6 | 2020 |
BAJFINANCE | 933.5 | 940 |
BALKRISIND | 2659.6 | 2560 |
BANDHANBNK | 175.59 | 180 |
BANKBARODA | 236.95 | 240 |
BANKINDIA | 114.24 | 115.95 |
BDL | 1856.6 | 1900 |
BEL | 409.3 | 415 |
BHARATFORG | 1214.8 | 1280 |
BHARTIARTL | 1925.7 | 1960 |
BHEL | 257.75 | 260 |
BIOCON | 373.35 | 365 |
BLUESTARCO | 1800 | 1780 |
BOSCHLTD | 36500 | 35000 |
BPCL | 344.85 | 340 |
BRITANNIA | 5752 | 5800 |
BSE | 2371.1 | 2600 |
BSOFT | 417.7 | 430 |
CAMS | 4069.8 | 4200 |
CANBK | 111.92 | 113 |
CDSL | 1688.7 | 1760 |
CESC | 174.81 | 172.5 |
CGPOWER | 666.7 | 670 |
CHAMBLFERT | 534.4 | 560 |
CHOLAFIN | 1532.5 | 1560 |
CIPLA | 1486 | 1500 |
COALINDIA | 380.95 | 395 |
COFORGE | 1862.3 | 1880 |
COLPAL | 2376 | 2440 |
CONCOR | 615.95 | 608 |
CROMPTON | 335.65 | 350 |
CUMMINSIND | 3546.4 | 3400 |
CYIENT | 1271.3 | 1300 |
DABUR | 535 | 510 |
DALBHARAT | 2176.4 | 2180 |
DELHIVERY | 411.25 | 400 |
DIVISLAB | 6835 | 6800 |
DIXON | 15786 | 15250 |
DLF | 815.1 | 840 |
DMART | 4069 | 4200 |
DRREDDY | 1254.7 | 1280 |
EICHERMOT | 5606.5 | 5700 |
ETERNAL | 263.35 | 260 |
EXIDEIND | 380.65 | 390 |
FEDERALBNK | 207.38 | 210 |
FORTIS | 761.5 | 780 |
GAIL | 181.89 | 190 |
GLENMARK | 2181.1 | 2000 |
GMRAIRPORT | 90.36 | 90 |
GODREJCP | 1288.2 | 1260 |
GODREJPROP | 2206.3 | 2300 |
GRANULES | 469 | 500 |
GRASIM | 2769.9 | 2800 |
HAL | 4866.1 | 4950 |
HAVELLS | 1528 | 1560 |
HCLTECH | 1638.3 | 1680 |
HDFCAMC | 5090 | 5100 |
HDFCBANK | 1983.7 | 2000 |
HDFCLIFE | 757.75 | 780 |
HEROMOTOCO | 4203 | 4250 |
HFCL | 81.1 | 85 |
HINDALCO | 670.95 | 680 |
HINDCOPPER | 262.65 | 265 |
HINDPETRO | 435.9 | 430 |
HINDUNILVR | 2519.6 | 2440 |
HINDZINC | 424.9 | 450 |
HUDCO | 230.71 | 235 |
ICICIBANK | 1422 | 1440 |
ICICIGI | 2012.2 | 2000 |
ICICIPRULI | 660.7 | 660 |
IDEA | 7.17 | 7 |
IDFCFIRSTB | 75.23 | 75 |
IEX | 206.25 | 200 |
IGL | 219 | 215 |
IIFL | 519.75 | 490 |
INDHOTEL | 734.5 | 750 |
INDIANB | 631 | 630 |
INDIGO | 5920 | 5800 |
INDUSINDBK | 858.3 | 850 |
INDUSTOWER | 404.4 | 405 |
INFY | 1594.5 | 1600 |
INOXWIND | 175.69 | 175 |
IOC | 150.39 | 150 |
IRB | 47.5 | 49 |
IRCTC | 773.3 | 780 |
IREDA | 160 | 165 |
IRFC | 135.28 | 140 |
ITC | 416.65 | 420 |
JINDALSTEL | 938.4 | 950 |
JIOFIN | 325.8 | 322.5 |
JSL | 680.75 | 680 |
JSWENERGY | 523.7 | 510 |
JSWSTEEL | 1037.2 | 1030 |
JUBLFOOD | 678.6 | 700 |
KALYANKJIL | 582.1 | 570 |
KAYNES | 5986.5 | 6000 |
KEI | 3612.3 | 3800 |
KFINTECH | 1273.1 | 1300 |
KOTAKBANK | 2216 | 2200 |
KPITTECH | 1266.5 | 1260 |
LAURUSLABS | 790.2 | 760 |
LICHSGFIN | 604.65 | 610 |
LICI | 922.4 | 940 |
LODHA | 1400.1 | 1400 |
LT | 3540.6 | 3600 |
LTF | 204.3 | 202.5 |
LTIM | 5180 | 5300 |
LUPIN | 1894.7 | 1920 |
M&M | 3073.2 | 3150 |
M&MFIN | 265.9 | 270 |
MANAPPURAM | 262.9 | 270 |
MANKIND | 2578.3 | 2500 |
MARICO | 725.55 | 720 |
MARUTI | 12574 | 12600 |
MAXHEALTH | 1219.2 | 1260 |
MAZDOCK | 3174.5 | 3300 |
MCX | 8048 | 8500 |
MFSL | 1567.2 | 1600 |
MGL | 1486.2 | 1500 |
MOTHERSON | 150.75 | 155 |
MPHASIS | 2838.8 | 2803 |
MUTHOOTFIN | 2640.6 | 2600 |
NATIONALUM | 189 | 190 |
NAUKRI | 1375.2 | 1440 |
NBCC | 112.9 | 120 |
NCC | 221.81 | 225 |
NESTLEIND | 2404 | 2420 |
NHPC | 88.05 | 86 |
NMDC | 69.05 | 70 |
NTPC | 342.7 | 340 |
NYKAA | 217.22 | 210 |
OBEROIRLTY | 1832.5 | 1900 |
OFSS | 8636 | 9000 |
OIL | 432.3 | 450 |
ONGC | 241.76 | 242.5 |
PAGEIND | 47795 | 48000 |
PATANJALI | 1665.2 | 1660 |
PAYTM | 951.15 | 920 |
PEL | 1217.5 | 1180 |
PERSISTENT | 5578.5 | 5800 |
PETRONET | 299.55 | 305 |
PFC | 430 | 420 |
PGEL | 765.2 | 760 |
PHOENIXLTD | 1488.9 | 1520 |
PIDILITIND | 2998.2 | 3040 |
PIIND | 4050.1 | 4100 |
PNB | 110.21 | 110 |
PNBHOUSING | 1076.8 | 1100 |
POLICYBZR | 1784 | 1840 |
POLYCAB | 6681 | 6600 |
POONAWALLA | 452.85 | 455 |
POWERGRID | 298.95 | 300 |
PPLPHARMA | 200.98 | 200 |
PRESTIGE | 1695 | 1680 |
RBLBANK | 263 | 240 |
RECLTD | 400.4 | 400 |
RELIANCE | 1495.2 | 1500 |
RVNL | 380.95 | 390 |
SAIL | 133.57 | 135 |
SBICARD | 912.8 | 930 |
SBILIFE | 1835 | 1840 |
SBIN | 808.65 | 810 |
SHREECEM | 31160 | 31000 |
SHRIRAMFIN | 667 | 680 |
SIEMENS | 3110 | 3200 |
SJVN | 97.83 | 99 |
SOLARINDS | 15401 | 16000 |
SONACOMS | 447.15 | 460 |
SRF | 3167.5 | 3200 |
SUNPHARMA | 1674.3 | 1680 |
SUPREMEIND | 4114.2 | 4300 |
SYNGENE | 626.15 | 640 |
TATACHEM | 910.4 | 940 |
TATACOMM | 1711.8 | 1740 |
TATACONSUM | 1076.8 | 1100 |
TATAELXSI | 6040 | 6000 |
TATAMOTORS | 681.8 | 700 |
TATAPOWER | 396.85 | 405 |
TATASTEEL | 159.99 | 160 |
TATATECH | 707.4 | 720 |
TCS | 3266 | 3360 |
TECHM | 1598.3 | 1610 |
TIINDIA | 2869.8 | 2950 |
TITAGARH | 930.65 | 940 |
TITAN | 3361 | 3480 |
TORNTPHARM | 3314.2 | 3350 |
TORNTPOWER | 1408.1 | 1460 |
TRENT | 5364 | 5600 |
TVSMOTOR | 2752 | 2850 |
ULTRACEMCO | 12495 | 12300 |
UNIONBANK | 143.74 | 145 |
UNITDSPR | 1357.6 | 1400 |
UNOMINDA | 1068 | 1100 |
UPL | 652.8 | 650 |
VBL | 452.25 | 460 |
VEDL | 441.6 | 450 |
VOLTAS | 1369.5 | 1340 |
WIPRO | 258.3 | 262.5 |
YESBANK | 19.66 | 20 |
ZYDUSLIFE | 979.6 | 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.