PVRINOX
Pvr Inox Limited
Max pain for PVRINOX
17 Jan 2025 04:13 PM IST
Max Pain for PVRINOX is 1160
Strike 920 has a total call value of 0 versus a total put value of 52,284,034,000 Combined total value = 52,284,034,000
Strike 940 has a total call value of 0 versus a total put value of 47,908,784,000 Combined total value = 47,908,784,000
Strike 960 has a total call value of 0 versus a total put value of 43,533,534,000 Combined total value = 43,533,534,000
Strike 980 has a total call value of 0 versus a total put value of 39,228,288,000 Combined total value = 39,228,288,000
Strike 1000 has a total call value of 0 versus a total put value of 34,923,042,000 Combined total value = 34,923,042,000
Strike 1020 has a total call value of 25,234,000 versus a total put value of 31,051,658,000 Combined total value = 31,076,892,000
Strike 1040 has a total call value of 50,468,000 versus a total put value of 27,267,372,000 Combined total value = 27,317,840,000
Strike 1060 has a total call value of 87,098,000 versus a total put value of 23,896,598,000 Combined total value = 23,983,696,000
Strike 1080 has a total call value of 218,152,000 versus a total put value of 20,650,366,000 Combined total value = 20,868,518,000
Strike 1100 has a total call value of 466,422,000 versus a total put value of 17,631,240,000 Combined total value = 18,097,662,000
Strike 1120 has a total call value of 1,484,736,000 versus a total put value of 14,918,992,000 Combined total value = 16,403,728,000
Strike 1140 has a total call value of 2,845,744,000 versus a total put value of 12,424,082,000 Combined total value = 15,269,826,000
Strike 1160 has a total call value of 4,568,982,000 versus a total put value of 10,092,786,000 Combined total value = 14,661,768,000
Strike 1180 has a total call value of 6,760,270,000 versus a total put value of 8,085,462,000 Combined total value = 14,845,732,000
Strike 1200 has a total call value of 9,557,988,000 versus a total put value of 6,376,876,000 Combined total value = 15,934,864,000
Strike 1220 has a total call value of 13,960,914,000 versus a total put value of 5,123,316,000 Combined total value = 19,084,230,000
Strike 1240 has a total call value of 18,758,630,000 versus a total put value of 4,020,346,000 Combined total value = 22,778,976,000
Strike 1260 has a total call value of 23,816,826,000 versus a total put value of 3,017,498,000 Combined total value = 26,834,324,000
Strike 1280 has a total call value of 29,233,182,000 versus a total put value of 2,153,030,000 Combined total value = 31,386,212,000
Strike 1300 has a total call value of 34,894,552,000 versus a total put value of 1,288,562,000 Combined total value = 36,183,114,000
Strike 1320 has a total call value of 41,789,946,000 versus a total put value of 937,728,000 Combined total value = 42,727,674,000
Strike 1340 has a total call value of 49,096,410,000 versus a total put value of 840,048,000 Combined total value = 49,936,458,000
Strike 1360 has a total call value of 56,961,278,000 versus a total put value of 742,368,000 Combined total value = 57,703,646,000
Strike 1380 has a total call value of 65,100,464,000 versus a total put value of 644,688,000 Combined total value = 65,745,152,000
Strike 1400 has a total call value of 73,534,318,000 versus a total put value of 547,008,000 Combined total value = 74,081,326,000
Strike 1420 has a total call value of 82,944,158,000 versus a total put value of 449,328,000 Combined total value = 83,393,486,000
Strike 1440 has a total call value of 92,482,610,000 versus a total put value of 351,648,000 Combined total value = 92,834,258,000
Strike 1460 has a total call value of 102,099,206,000 versus a total put value of 253,968,000 Combined total value = 102,353,174,000
Strike 1480 has a total call value of 111,771,154,000 versus a total put value of 156,288,000 Combined total value = 111,927,442,000
Strike 1500 has a total call value of 121,443,102,000 versus a total put value of 58,608,000 Combined total value = 121,501,710,000
Strike 1520 has a total call value of 131,684,850,000 versus a total put value of 52,096,000 Combined total value = 131,736,946,000
Strike 1540 has a total call value of 141,926,598,000 versus a total put value of 45,584,000 Combined total value = 141,972,182,000
Strike 1560 has a total call value of 152,222,070,000 versus a total put value of 39,072,000 Combined total value = 152,261,142,000
Strike 1580 has a total call value of 162,517,542,000 versus a total put value of 32,560,000 Combined total value = 162,550,102,000
Strike 1600 has a total call value of 172,813,014,000 versus a total put value of 26,048,000 Combined total value = 172,839,062,000
Strike 1620 has a total call value of 183,568,396,000 versus a total put value of 19,536,000 Combined total value = 183,587,932,000
Strike 1640 has a total call value of 194,323,778,000 versus a total put value of 13,024,000 Combined total value = 194,336,802,000
Strike 1660 has a total call value of 205,079,160,000 versus a total put value of 6,512,000 Combined total value = 205,085,672,000
Strike 1680 has a total call value of 215,834,542,000 versus a total put value of 0 Combined total value = 215,834,542,000
Strike 1700 has a total call value of 226,598,064,000 versus a total put value of 0 Combined total value = 226,598,064,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 442.7 | 420 |
| ABB | 6527.5 | 6500 |
| ABBOTINDIA | 27929.7 | 28000 |
| ABCAPITAL | 177.18 | 182.5 |
| ABFRL | 274.7 | 275 |
| ACC | 2014.9 | 2080 |
| ADANIENSOL | 805.15 | 800 |
| ADANIENT | 2399.8 | 2500 |
| ADANIGREEN | 1078.2 | 1060 |
| ADANIPORTS | 1163.5 | 1180 |
| ALKEM | 5255.85 | 5400 |
| AMBUJACEM | 536.25 | 545 |
| ANGELONE | 2454.5 | 2400 |
| APLAPOLLO | 1570.15 | 1540 |
| APOLLOHOSP | 6828.1 | 6950 |
| APOLLOTYRE | 452.8 | 470 |
| ASHOKLEY | 206.59 | 215 |
| ASIANPAINT | 2261 | 2300 |
| ASTRAL | 1501.45 | 1580 |
| ATGL | 673.15 | 660 |
| ATUL | 6692.2 | 6700 |
| AUBANK | 597.6 | 580 |
| AUROPHARMA | 1178.35 | 1200 |
| AXISBANK | 991.05 | 1010 |
| BAJAJ-AUTO | 8581.4 | 8800 |
| BAJAJFINSV | 1680.65 | 1640 |
| BAJFINANCE | 7182.1 | 7200 |
| BALKRISIND | 2705.85 | 2800 |
| BANDHANBNK | 151.24 | 160 |
| BANKBARODA | 228 | 235 |
| BANKINDIA | 100.23 | 100 |
| BATAINDIA | 1310.8 | 1340 |
| BEL | 282.15 | 285 |
| BERGEPAINT | 468.8 | 460 |
| BHARATFORG | 1207.5 | 1220 |
| BHARTIARTL | 1627.5 | 1620 |
| BHEL | 214.08 | 220 |
| BIOCON | 393.7 | 380 |
| BOSCHLTD | 31399.8 | 33000 |
| BPCL | 273.6 | 280 |
| BRITANNIA | 4854.4 | 4850 |
| BSE | 5998.75 | 5600 |
| BSOFT | 532.5 | 550 |
| CAMS | 4418.1 | 4500 |
| CANBK | 97.88 | 100 |
| CANFINHOME | 691.5 | 700 |
| CDSL | 1597.9 | 1640 |
| CESC | 152.65 | 150.5 |
| CGPOWER | 649.15 | 650 |
| CHAMBLFERT | 500.85 | 500 |
| CHOLAFIN | 1257.4 | 1260 |
| CIPLA | 1442.3 | 1480 |
| COALINDIA | 387.65 | 390 |
| COFORGE | 8641.55 | 9000 |
| COLPAL | 2683.65 | 2750 |
| CONCOR | 772.45 | 780 |
| COROMANDEL | 1874.85 | 1880 |
| CROMPTON | 362.35 | 370 |
| CUB | 172.27 | 172.5 |
| CUMMINSIND | 2935.25 | 3000 |
| CYIENT | 1755.25 | 1720 |
| DABUR | 526.05 | 520 |
| DALBHARAT | 1721.95 | 1740 |
| DEEPAKNTR | 2358.75 | 2450 |
| DELHIVERY | 338.55 | 335 |
| DIVISLAB | 5916.05 | 5900 |
| DIXON | 17224.45 | 17000 |
| DLF | 749 | 770 |
| DMART | 3620.65 | 3700 |
| DRREDDY | 1309.4 | 1340 |
| EICHERMOT | 5012.3 | 5000 |
| ESCORTS | 3600.7 | 3400 |
| EXIDEIND | 389.55 | 410 |
| FEDERALBNK | 191.58 | 197.5 |
| GAIL | 180.95 | 190 |
| GLENMARK | 1468.1 | 1520 |
| GMRAIRPORT | 76.07 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 563.15 | 560 |
| GODREJCP | 1187.75 | 1150 |
| GODREJPROP | 2407.6 | 2500 |
| GRANULES | 579.2 | 590 |
| GRASIM | 2375.85 | 2440 |
| GUJGASLTD | 500 | 500 |
| HAL | 4116.6 | 4150 |
| HAVELLS | 1574.2 | 1580 |
| HCLTECH | 1788.9 | 1820 |
| HDFCAMC | 4030.85 | 4000 |
| HDFCBANK | 1636.75 | 1700 |
| HDFCLIFE | 642.2 | 640 |
| HEROMOTOCO | 4098 | 4200 |
| HFCL | 103.75 | 105 |
| HINDALCO | 617 | 600 |
| HINDCOPPER | 247.69 | 255 |
| HINDPETRO | 358.9 | 380 |
| HINDUNILVR | 2354 | 2400 |
| HUDCO | 234.8 | 225 |
| ICICIBANK | 1225.45 | 1260 |
| ICICIGI | 1948.75 | 1920 |
| ICICIPRULI | 645.75 | 650 |
| IDEA | 9.11 | 8 |
| IDFCFIRSTB | 62.56 | 63 |
| IEX | 172.7 | 175 |
| IGL | 405 | 410 |
| INDHOTEL | 813.35 | 810 |
| INDIAMART | 2282.6 | 2260 |
| INDIANB | 524.45 | 520 |
| INDIGO | 4090.2 | 4200 |
| INDUSINDBK | 970.95 | 980 |
| INDUSTOWER | 362.7 | 350 |
| INFY | 1815.45 | 1840 |
| IOC | 128.07 | 135 |
| IPCALAB | 1543.25 | 1600 |
| IRB | 54.89 | 55 |
| IRCTC | 779.2 | 790 |
| IRFC | 146.19 | 137.5 |
| ITC | 440.2 | 445 |
| JINDALSTEL | 924.65 | 940 |
| JIOFIN | 279 | 280 |
| JKCEMENT | 4541.2 | 4500 |
| JSL | 634.35 | 640 |
| JSWENERGY | 568 | 580 |
| JSWSTEEL | 908.6 | 920 |
| JUBLFOOD | 692.7 | 710 |
| KALYANKJIL | 501.5 | 600 |
| KEI | 4104.7 | 4000 |
| KOTAKBANK | 1758.6 | 1800 |
| KPITTECH | 1314.65 | 1380 |
| LALPATHLAB | 2810.05 | 2900 |
| LAURUSLABS | 567.8 | 580 |
| LICHSGFIN | 562.7 | 590 |
| LICI | 854.9 | 860 |
| LODHA | 1176.95 | 1200 |
| LT | 3568.65 | 3600 |
| LTF | 143.03 | 140 |
| LTIM | 5890.3 | 5850 |
| LTTS | 5373.95 | 5200 |
| LUPIN | 2113.15 | 2200 |
| M&M | 2917.35 | 3000 |
| M&MFIN | 268.55 | 275 |
| MANAPPURAM | 193.75 | 185 |
| MARICO | 664.4 | 650 |
| MARUTI | 12136.35 | 11700 |
| MAXHEALTH | 1026.65 | 1100 |
| MCX | 6034.9 | 6000 |
| METROPOLIS | 1890.7 | 2000 |
| MFSL | 1088.3 | 1100 |
| MGL | 1321.6 | 1300 |
| MOTHERSON | 151.13 | 155 |
| MPHASIS | 2817.2 | 2850 |
| MRF | 113948.65 | 115000 |
| MUTHOOTFIN | 2149.6 | 2180 |
| NATIONALUM | 205.54 | 210 |
| NAUKRI | 7748.15 | 7800 |
| NAVINFLUOR | 3755.1 | 3700 |
| NCC | 253.05 | 255 |
| NESTLEIND | 2217.2 | 2200 |
| NHPC | 80.4 | 78 |
| NMDC | 66.63 | 68.35 |
| NTPC | 326.15 | 325 |
| NYKAA | 172.88 | 170 |
| OBEROIRLTY | 1988.9 | 2060 |
| OFSS | 10027.15 | 10500 |
| OIL | 474.8 | 470 |
| ONGC | 266.57 | 260 |
| PAGEIND | 46097.55 | 47000 |
| PAYTM | 900.15 | 900 |
| PEL | 1031.8 | 1060 |
| PERSISTENT | 5961.2 | 6100 |
| PETRONET | 324.8 | 335 |
| PFC | 433.45 | 440 |
| PIDILITIND | 2813.35 | 2880 |
| PIIND | 3550.9 | 3600 |
| PNB | 100.13 | 101 |
| POLICYBZR | 1724.4 | 1800 |
| POLYCAB | 6779.7 | 6800 |
| POONAWALLA | 314.05 | 315 |
| POWERGRID | 302.6 | 310 |
| PRESTIGE | 1472.2 | 1500 |
| PVRINOX | 1102.2 | 1160 |
| RAMCOCEM | 883.95 | 900 |
| RBLBANK | 155.12 | 160 |
| RECLTD | 482.35 | 500 |
| RELIANCE | 1302.35 | 1260 |
| SAIL | 108.82 | 112.5 |
| SBICARD | 740.85 | 735 |
| SBILIFE | 1540.5 | 1500 |
| SBIN | 764.1 | 790 |
| SHREECEM | 25315.45 | 25500 |
| SHRIRAMFIN | 526.5 | 560 |
| SIEMENS | 6183.25 | 6300 |
| SJVN | 100.76 | 100 |
| SONACOMS | 574.75 | 580 |
| SRF | 2606.45 | 2580 |
| SUNPHARMA | 1786.55 | 1800 |
| SUNTV | 649.35 | 670 |
| SUPREMEIND | 4204.25 | 4400 |
| SYNGENE | 819.55 | 840 |
| TATACHEM | 975.35 | 1020 |
| TATACOMM | 1698.15 | 1720 |
| TATACONSUM | 954.45 | 940 |
| TATAELXSI | 6212.1 | 6200 |
| TATAMOTORS | 779.75 | 780 |
| TATAPOWER | 373.6 | 385 |
| TATASTEEL | 130.28 | 134 |
| TCS | 4124.3 | 4200 |
| TECHM | 1660.3 | 1680 |
| TIINDIA | 3408.8 | 3400 |
| TITAN | 3357.4 | 3400 |
| TORNTPHARM | 3174.85 | 3300 |
| TRENT | 6216.55 | 6500 |
| TVSMOTOR | 2301.25 | 2300 |
| UBL | 1951.3 | 1980 |
| ULTRACEMCO | 10580 | 11000 |
| UNIONBANK | 108.7 | 110 |
| UNITDSPR | 1427.55 | 1480 |
| UPL | 551.7 | 540 |
| VBL | 556.35 | 580 |
| VEDL | 454.05 | 460 |
| VOLTAS | 1596.95 | 1660 |
| WIPRO | 281.95 | 290 |
| YESBANK | 18.26 | 19 |
| ZOMATO | 248.8 | 250 |
| ZYDUSLIFE | 994.65 | 1000 |
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.
