SBIN
State Bank Of IndiaMax pain for SBIN
14 Nov 2025 04:10 PM IST
Max Pain for SBIN is 955
Strike 800 has a total call value of 0 versus a total put value of 486,492,750,000 Combined total value = 486,492,750,000
Strike 805 has a total call value of 106,500,000 versus a total put value of 466,299,375,000 Combined total value = 466,405,875,000
Strike 810 has a total call value of 213,000,000 versus a total put value of 446,106,000,000 Combined total value = 446,319,000,000
Strike 815 has a total call value of 319,500,000 versus a total put value of 426,097,875,000 Combined total value = 426,417,375,000
Strike 820 has a total call value of 426,000,000 versus a total put value of 406,089,750,000 Combined total value = 406,515,750,000
Strike 825 has a total call value of 532,500,000 versus a total put value of 386,265,750,000 Combined total value = 386,798,250,000
Strike 830 has a total call value of 639,000,000 versus a total put value of 366,441,750,000 Combined total value = 367,080,750,000
Strike 835 has a total call value of 790,125,000 versus a total put value of 346,897,875,000 Combined total value = 347,688,000,000
Strike 840 has a total call value of 941,250,000 versus a total put value of 327,354,000,000 Combined total value = 328,295,250,000
Strike 845 has a total call value of 1,145,250,000 versus a total put value of 308,211,375,000 Combined total value = 309,356,625,000
Strike 850 has a total call value of 1,349,250,000 versus a total put value of 289,068,750,000 Combined total value = 290,418,000,000
Strike 855 has a total call value of 1,687,875,000 versus a total put value of 270,664,875,000 Combined total value = 272,352,750,000
Strike 860 has a total call value of 2,026,500,000 versus a total put value of 252,289,125,000 Combined total value = 254,315,625,000
Strike 865 has a total call value of 2,438,250,000 versus a total put value of 234,496,125,000 Combined total value = 236,934,375,000
Strike 870 has a total call value of 2,850,000,000 versus a total put value of 216,742,125,000 Combined total value = 219,592,125,000
Strike 875 has a total call value of 3,316,500,000 versus a total put value of 199,491,750,000 Combined total value = 202,808,250,000
Strike 880 has a total call value of 3,783,000,000 versus a total put value of 182,321,250,000 Combined total value = 186,104,250,000
Strike 885 has a total call value of 4,332,750,000 versus a total put value of 165,965,250,000 Combined total value = 170,298,000,000
Strike 890 has a total call value of 4,882,500,000 versus a total put value of 150,177,750,000 Combined total value = 155,060,250,000
Strike 895 has a total call value of 5,488,500,000 versus a total put value of 134,706,750,000 Combined total value = 140,195,250,000
Strike 900 has a total call value of 6,094,500,000 versus a total put value of 119,320,125,000 Combined total value = 125,414,625,000
Strike 905 has a total call value of 7,133,250,000 versus a total put value of 106,192,125,000 Combined total value = 113,325,375,000
Strike 910 has a total call value of 8,172,000,000 versus a total put value of 93,177,375,000 Combined total value = 101,349,375,000
Strike 915 has a total call value of 9,396,000,000 versus a total put value of 80,781,750,000 Combined total value = 90,177,750,000
Strike 920 has a total call value of 10,678,125,000 versus a total put value of 68,631,375,000 Combined total value = 79,309,500,000
Strike 925 has a total call value of 12,261,375,000 versus a total put value of 58,583,250,000 Combined total value = 70,844,625,000
Strike 930 has a total call value of 13,929,000,000 versus a total put value of 48,892,500,000 Combined total value = 62,821,500,000
Strike 935 has a total call value of 16,216,500,000 versus a total put value of 40,264,125,000 Combined total value = 56,480,625,000
Strike 940 has a total call value of 18,607,500,000 versus a total put value of 31,978,875,000 Combined total value = 50,586,375,000
Strike 945 has a total call value of 21,442,125,000 versus a total put value of 25,011,000,000 Combined total value = 46,453,125,000
Strike 950 has a total call value of 24,552,000,000 versus a total put value of 18,418,875,000 Combined total value = 42,970,875,000
Strike 955 has a total call value of 29,142,375,000 versus a total put value of 13,695,000,000 Combined total value = 42,837,375,000
Strike 960 has a total call value of 34,149,750,000 versus a total put value of 9,394,875,000 Combined total value = 43,544,625,000
Strike 965 has a total call value of 41,371,125,000 versus a total put value of 7,110,375,000 Combined total value = 48,481,500,000
Strike 970 has a total call value of 49,952,250,000 versus a total put value of 5,215,875,000 Combined total value = 55,168,125,000
Strike 975 has a total call value of 61,075,125,000 versus a total put value of 4,110,000,000 Combined total value = 65,185,125,000
Strike 980 has a total call value of 73,445,250,000 versus a total put value of 3,154,125,000 Combined total value = 76,599,375,000
Strike 985 has a total call value of 87,646,875,000 versus a total put value of 2,601,750,000 Combined total value = 90,248,625,000
Strike 990 has a total call value of 102,111,000,000 versus a total put value of 2,076,750,000 Combined total value = 104,187,750,000
Strike 995 has a total call value of 117,246,750,000 versus a total put value of 1,584,750,000 Combined total value = 118,831,500,000
Strike 1000 has a total call value of 132,580,500,000 versus a total put value of 1,113,000,000 Combined total value = 133,693,500,000
Strike 1005 has a total call value of 150,228,750,000 versus a total put value of 961,500,000 Combined total value = 151,190,250,000
Strike 1010 has a total call value of 167,978,625,000 versus a total put value of 810,000,000 Combined total value = 168,788,625,000
Strike 1015 has a total call value of 186,190,500,000 versus a total put value of 708,750,000 Combined total value = 186,899,250,000
Strike 1020 has a total call value of 204,454,875,000 versus a total put value of 607,500,000 Combined total value = 205,062,375,000
Strike 1025 has a total call value of 223,293,375,000 versus a total put value of 506,250,000 Combined total value = 223,799,625,000
Strike 1030 has a total call value of 242,131,875,000 versus a total put value of 405,000,000 Combined total value = 242,536,875,000
Strike 1035 has a total call value of 261,291,375,000 versus a total put value of 303,750,000 Combined total value = 261,595,125,000
Strike 1040 has a total call value of 280,450,875,000 versus a total put value of 202,500,000 Combined total value = 280,653,375,000
Strike 1045 has a total call value of 299,793,000,000 versus a total put value of 101,250,000 Combined total value = 299,894,250,000
Strike 1050 has a total call value of 319,135,125,000 versus a total put value of 0 Combined total value = 319,135,125,000
Strike 1055 has a total call value of 339,097,875,000 versus a total put value of 0 Combined total value = 339,097,875,000
Strike 1060 has a total call value of 359,060,625,000 versus a total put value of 0 Combined total value = 359,060,625,000
Strike 1065 has a total call value of 379,654,875,000 versus a total put value of 0 Combined total value = 379,654,875,000
Strike 1070 has a total call value of 400,249,125,000 versus a total put value of 0 Combined total value = 400,249,125,000
Strike 1075 has a total call value of 420,928,875,000 versus a total put value of 0 Combined total value = 420,928,875,000
Strike 1080 has a total call value of 441,608,625,000 versus a total put value of 0 Combined total value = 441,608,625,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1065.4 | 1080 |
| ABB | 4952.5 | 5000 |
| ABCAPITAL | 331.4 | 325 |
| ADANIENSOL | 1023.85 | 1000 |
| ADANIENT | 2516.8 | 2460 |
| ADANIGREEN | 1068.8 | 1080 |
| ADANIPORTS | 1512.7 | 1460 |
| ALKEM | 5722.5 | 5750 |
| AMBER | 7376 | 7300 |
| AMBUJACEM | 563.2 | 570 |
| ANGELONE | 2745.3 | 2650 |
| APLAPOLLO | 1763.3 | 1800 |
| APOLLOHOSP | 7420.5 | 7500 |
| ASHOKLEY | 148.26 | 145 |
| ASIANPAINT | 2906.4 | 2800 |
| ASTRAL | 1514 | 1520 |
| AUBANK | 890.6 | 890 |
| AUROPHARMA | 1222.5 | 1200 |
| AXISBANK | 1241.6 | 1230 |
| BAJAJ-AUTO | 8843 | 8900 |
| BAJAJFINSV | 2065.8 | 2040 |
| BAJFINANCE | 1018.5 | 1020 |
| BANDHANBNK | 154.59 | 160 |
| BANKBARODA | 286.75 | 280 |
| BANKINDIA | 146.52 | 143 |
| BDL | 1613.8 | 1600 |
| BEL | 426.85 | 420 |
| BHARATFORG | 1396.7 | 1360 |
| BHARTIARTL | 2100.7 | 2060 |
| BHEL | 281.6 | 275 |
| BIOCON | 411.15 | 400 |
| BLUESTARCO | 1768.4 | 1800 |
| BOSCHLTD | 36955 | 37000 |
| BPCL | 371.15 | 362.5 |
| BRITANNIA | 5803.5 | 5850 |
| BSE | 2827.6 | 2700 |
| CAMS | 3938 | 3950 |
| CANBK | 146.07 | 140 |
| CDSL | 1625.8 | 1620 |
| CGPOWER | 743.5 | 740 |
| CHOLAFIN | 1714.6 | 1720 |
| CIPLA | 1532.1 | 1530 |
| COALINDIA | 386.95 | 382.25 |
| COFORGE | 1799.6 | 1800 |
| COLPAL | 2172.7 | 2200 |
| CONCOR | 518.85 | 530 |
| CROMPTON | 276.15 | 290 |
| CUMMINSIND | 4283.2 | 4300 |
| CYIENT | 1131.6 | 1160 |
| DABUR | 525 | 510 |
| DALBHARAT | 2032.6 | 2060 |
| DELHIVERY | 436.4 | 435 |
| DIVISLAB | 6511.5 | 6600 |
| DIXON | 15419 | 15500 |
| DLF | 764.85 | 770 |
| DMART | 4053.7 | 4100 |
| DRREDDY | 1246 | 1210 |
| EICHERMOT | 6695 | 6800 |
| ETERNAL | 303.75 | 310 |
| EXIDEIND | 381 | 385 |
| FEDERALBNK | 236.26 | 235 |
| FORTIS | 937.7 | 960 |
| GAIL | 183.41 | 182.5 |
| GLENMARK | 1895.6 | 1900 |
| GMRAIRPORT | 95.67 | 95 |
| GODREJCP | 1146.5 | 1140 |
| GODREJPROP | 2195.8 | 2200 |
| GRASIM | 2783.4 | 2800 |
| HAL | 4729.8 | 4800 |
| HAVELLS | 1469.4 | 1500 |
| HCLTECH | 1594.6 | 1560 |
| HDFCAMC | 5413 | 5500 |
| HDFCBANK | 989.6 | 990 |
| HDFCLIFE | 773.7 | 760 |
| HEROMOTOCO | 5538.5 | 5550 |
| HFCL | 75.86 | 76 |
| HINDALCO | 803.65 | 800 |
| HINDPETRO | 481.25 | 470 |
| HINDUNILVR | 2427.7 | 2460 |
| HINDZINC | 487.05 | 490 |
| HUDCO | 227.49 | 230 |
| ICICIBANK | 1373 | 1380 |
| ICICIGI | 2005.1 | 2020 |
| ICICIPRULI | 629.45 | 610 |
| IDEA | 10.94 | 10 |
| IDFCFIRSTB | 80.43 | 80 |
| IEX | 137.55 | 142.5 |
| IGL | 212.66 | 212.5 |
| IIFL | 547.3 | 540 |
| INDHOTEL | 720.8 | 730 |
| INDIANB | 868.45 | 850 |
| INDIGO | 5908.5 | 5800 |
| INDUSINDBK | 848.25 | 800 |
| INDUSTOWER | 412.35 | 390 |
| INFY | 1502.8 | 1500 |
| INOXWIND | 148.69 | 150 |
| IOC | 171.25 | 165 |
| IRCTC | 705.3 | 710 |
| IREDA | 149.61 | 150 |
| IRFC | 121.01 | 123 |
| ITC | 408.15 | 410 |
| JINDALSTEL | 1076.2 | 1080 |
| JIOFIN | 314.9 | 310 |
| JSWENERGY | 528.8 | 530 |
| JSWSTEEL | 1167.8 | 1170 |
| JUBLFOOD | 615.3 | 600 |
| KALYANKJIL | 495.5 | 500 |
| KAYNES | 6332 | 6500 |
| KEI | 4112.8 | 4100 |
| KFINTECH | 1084.1 | 1100 |
| KOTAKBANK | 2079.7 | 2100 |
| KPITTECH | 1222.2 | 1200 |
| LAURUSLABS | 999 | 960 |
| LICHSGFIN | 567.7 | 580 |
| LICI | 909.45 | 910 |
| LODHA | 1209.5 | 1200 |
| LT | 4004.4 | 3960 |
| LTF | 294.15 | 292.5 |
| LTIM | 5809 | 5700 |
| LUPIN | 2055.3 | 2000 |
| M&M | 3698.6 | 3600 |
| MANAPPURAM | 281.15 | 275 |
| MANKIND | 2267.1 | 2300 |
| MARICO | 738.7 | 730 |
| MARUTI | 15684 | 15700 |
| MAXHEALTH | 1103.1 | 1120 |
| MAZDOCK | 2782.1 | 2800 |
| MCX | 9666.5 | 9400 |
| MFSL | 1673.4 | 1660 |
| MOTHERSON | 109.84 | 108 |
| MPHASIS | 2772.1 | 2800 |
| MUTHOOTFIN | 3725.6 | 3700 |
| NATIONALUM | 262.57 | 260 |
| NAUKRI | 1323.5 | 1360 |
| NBCC | 114.14 | 110 |
| NCC | 184.13 | 190 |
| NESTLEIND | 1271.6 | 1270 |
| NHPC | 80.3 | 82 |
| NMDC | 76.55 | 77 |
| NTPC | 328.45 | 332.5 |
| NUVAMA | 7339.5 | 7300 |
| NYKAA | 260.13 | 255 |
| OBEROIRLTY | 1752.4 | 1740 |
| OFSS | 8223.5 | 8400 |
| OIL | 436.85 | 430 |
| ONGC | 247.6 | 244 |
| PAGEIND | 39765 | 40000 |
| PATANJALI | 587.8 | 585 |
| PAYTM | 1299.2 | 1300 |
| PERSISTENT | 6101 | 6000 |
| PETRONET | 273.6 | 283 |
| PFC | 374.6 | 390 |
| PGEL | 578.1 | 560 |
| PHOENIXLTD | 1736.4 | 1720 |
| PIDILITIND | 1459.8 | 1480 |
| PIIND | 3560.5 | 3600 |
| PNB | 122.21 | 120 |
| PNBHOUSING | 915.4 | 910 |
| POLICYBZR | 1738.6 | 1780 |
| POLYCAB | 7632 | 7700 |
| POWERGRID | 271.3 | 280 |
| POWERINDIA | 21466 | 21000 |
| PPLPHARMA | 194.03 | 197.5 |
| PRESTIGE | 1744.9 | 1740 |
| RBLBANK | 318.65 | 320 |
| RECLTD | 358.05 | 370 |
| RELIANCE | 1518.9 | 1500 |
| RVNL | 321.05 | 320 |
| SAIL | 141.99 | 140 |
| SAMMAANCAP | 176.14 | 180 |
| SBICARD | 874.95 | 890 |
| SBILIFE | 2000.9 | 1980 |
| SBIN | 967.85 | 955 |
| SHREECEM | 26700 | 27250 |
| SHRIRAMFIN | 809.3 | 800 |
| SIEMENS | 3084.2 | 3100 |
| SOLARINDS | 13880 | 14000 |
| SONACOMS | 485.6 | 485 |
| SRF | 2839.1 | 2900 |
| SUNPHARMA | 1757.1 | 1720 |
| SUPREMEIND | 3709.8 | 3800 |
| SUZLON | 57.68 | 58 |
| SYNGENE | 654.4 | 650 |
| TATACONSUM | 1157.8 | 1160 |
| TATAELXSI | 5266.5 | 5300 |
| TATAMOTORS | 0 | 320 |
| TATAPOWER | 388.4 | 395 |
| TATASTEEL | 174.26 | 177.5 |
| TATATECH | 679.85 | 700 |
| TCS | 3106 | 3100 |
| TECHM | 1439.2 | 1460 |
| TIINDIA | 3067.6 | 3000 |
| TITAGARH | 866.45 | 880 |
| TITAN | 3829.2 | 3780 |
| TMPV | 391.2 | 400 |
| TORNTPHARM | 3831.8 | 3800 |
| TORNTPOWER | 1301 | 1300 |
| TRENT | 4391.2 | 4500 |
| TVSMOTOR | 3386.5 | 3500 |
| ULTRACEMCO | 11874 | 12000 |
| UNIONBANK | 152.76 | 150 |
| UNITDSPR | 1429.4 | 1420 |
| UNOMINDA | 1307.2 | 1280 |
| UPL | 758.6 | 740 |
| VBL | 459.4 | 465 |
| VEDL | 525.35 | 515 |
| VOLTAS | 1350.9 | 1340 |
| WIPRO | 244.37 | 245 |
| YESBANK | 22.5 | 23 |
| ZYDUSLIFE | 944.45 | 960 |
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.
































































































































































































































