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SENSEX50

Sensex 50
27305.5 +113.15 (0.42%)
L: 27138.86 H: 27356.38
Max Pain - SENSEX50
04 Dec 2025 04:11 PM IST
Live
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Max Pain for SENSEX50 is 85500


Strike  72800  has a total call value of 0  versus a total put value of  317,353,000,000 Combined total value = 317,353,000,000

Strike  72900  has a total call value of 0  versus a total put value of  314,480,800,000 Combined total value = 314,480,800,000

Strike  73000  has a total call value of 0  versus a total put value of  311,608,600,000 Combined total value = 311,608,600,000

Strike  73100  has a total call value of 0  versus a total put value of  308,736,400,000 Combined total value = 308,736,400,000

Strike  73200  has a total call value of 0  versus a total put value of  305,864,200,000 Combined total value = 305,864,200,000

Strike  73300  has a total call value of 0  versus a total put value of  302,992,000,000 Combined total value = 302,992,000,000

Strike  73400  has a total call value of 0  versus a total put value of  300,119,800,000 Combined total value = 300,119,800,000

Strike  73500  has a total call value of 0  versus a total put value of  297,247,600,000 Combined total value = 297,247,600,000

Strike  73600  has a total call value of 0  versus a total put value of  294,395,400,000 Combined total value = 294,395,400,000

Strike  73700  has a total call value of 0  versus a total put value of  291,543,200,000 Combined total value = 291,543,200,000

Strike  73800  has a total call value of 0  versus a total put value of  288,691,000,000 Combined total value = 288,691,000,000

Strike  73900  has a total call value of 0  versus a total put value of  285,838,800,000 Combined total value = 285,838,800,000

Strike  74000  has a total call value of 0  versus a total put value of  282,986,600,000 Combined total value = 282,986,600,000

Strike  74100  has a total call value of 0  versus a total put value of  280,154,400,000 Combined total value = 280,154,400,000

Strike  74200  has a total call value of 0  versus a total put value of  277,322,200,000 Combined total value = 277,322,200,000

Strike  74300  has a total call value of 0  versus a total put value of  274,490,000,000 Combined total value = 274,490,000,000

Strike  74400  has a total call value of 0  versus a total put value of  271,657,800,000 Combined total value = 271,657,800,000

Strike  74500  has a total call value of 0  versus a total put value of  268,825,600,000 Combined total value = 268,825,600,000

Strike  74600  has a total call value of 0  versus a total put value of  266,013,400,000 Combined total value = 266,013,400,000

Strike  74700  has a total call value of 0  versus a total put value of  263,211,200,000 Combined total value = 263,211,200,000

Strike  74800  has a total call value of 0  versus a total put value of  260,419,000,000 Combined total value = 260,419,000,000

Strike  74900  has a total call value of 0  versus a total put value of  257,636,800,000 Combined total value = 257,636,800,000

Strike  75000  has a total call value of 0  versus a total put value of  254,864,600,000 Combined total value = 254,864,600,000

Strike  75100  has a total call value of 0  versus a total put value of  252,104,400,000 Combined total value = 252,104,400,000

Strike  75200  has a total call value of 0  versus a total put value of  249,354,200,000 Combined total value = 249,354,200,000

Strike  75300  has a total call value of 0  versus a total put value of  246,618,600,000 Combined total value = 246,618,600,000

Strike  75400  has a total call value of 0  versus a total put value of  243,889,200,000 Combined total value = 243,889,200,000

Strike  75500  has a total call value of 0  versus a total put value of  241,166,200,000 Combined total value = 241,166,200,000

Strike  75600  has a total call value of 0  versus a total put value of  238,453,200,000 Combined total value = 238,453,200,000

Strike  75700  has a total call value of 0  versus a total put value of  235,746,800,000 Combined total value = 235,746,800,000

Strike  75800  has a total call value of 0  versus a total put value of  233,047,200,000 Combined total value = 233,047,200,000

Strike  75900  has a total call value of 0  versus a total put value of  230,354,400,000 Combined total value = 230,354,400,000

Strike  76000  has a total call value of 0  versus a total put value of  227,670,800,000 Combined total value = 227,670,800,000

Strike  76100  has a total call value of 0  versus a total put value of  224,997,200,000 Combined total value = 224,997,200,000

Strike  76200  has a total call value of 0  versus a total put value of  222,333,600,000 Combined total value = 222,333,600,000

Strike  76300  has a total call value of 0  versus a total put value of  219,680,000,000 Combined total value = 219,680,000,000

Strike  76400  has a total call value of 0  versus a total put value of  217,036,200,000 Combined total value = 217,036,200,000

Strike  76500  has a total call value of 0  versus a total put value of  214,402,400,000 Combined total value = 214,402,400,000

Strike  76600  has a total call value of 0  versus a total put value of  211,778,600,000 Combined total value = 211,778,600,000

Strike  76700  has a total call value of 0  versus a total put value of  209,171,200,000 Combined total value = 209,171,200,000

Strike  76800  has a total call value of 0  versus a total put value of  206,579,800,000 Combined total value = 206,579,800,000

Strike  76900  has a total call value of 0  versus a total put value of  204,004,600,000 Combined total value = 204,004,600,000

Strike  77000  has a total call value of 0  versus a total put value of  201,448,400,000 Combined total value = 201,448,400,000

Strike  77100  has a total call value of 0  versus a total put value of  198,902,200,000 Combined total value = 198,902,200,000

Strike  77200  has a total call value of 0  versus a total put value of  196,356,000,000 Combined total value = 196,356,000,000

Strike  77300  has a total call value of 0  versus a total put value of  193,809,800,000 Combined total value = 193,809,800,000

Strike  77400  has a total call value of 0  versus a total put value of  191,263,600,000 Combined total value = 191,263,600,000

Strike  77500  has a total call value of 0  versus a total put value of  188,717,400,000 Combined total value = 188,717,400,000

Strike  77600  has a total call value of 0  versus a total put value of  186,171,200,000 Combined total value = 186,171,200,000

Strike  77700  has a total call value of 0  versus a total put value of  183,625,000,000 Combined total value = 183,625,000,000

Strike  77800  has a total call value of 0  versus a total put value of  181,078,800,000 Combined total value = 181,078,800,000

Strike  77900  has a total call value of 0  versus a total put value of  178,532,600,000 Combined total value = 178,532,600,000

Strike  78000  has a total call value of 0  versus a total put value of  175,986,400,000 Combined total value = 175,986,400,000

Strike  78100  has a total call value of 0  versus a total put value of  173,440,200,000 Combined total value = 173,440,200,000

Strike  78200  has a total call value of 0  versus a total put value of  170,894,000,000 Combined total value = 170,894,000,000

Strike  78300  has a total call value of 0  versus a total put value of  168,347,800,000 Combined total value = 168,347,800,000

Strike  78400  has a total call value of 0  versus a total put value of  165,801,600,000 Combined total value = 165,801,600,000

Strike  78500  has a total call value of 0  versus a total put value of  163,255,400,000 Combined total value = 163,255,400,000

Strike  78600  has a total call value of 0  versus a total put value of  160,709,200,000 Combined total value = 160,709,200,000

Strike  78700  has a total call value of 0  versus a total put value of  158,163,000,000 Combined total value = 158,163,000,000

Strike  78800  has a total call value of 0  versus a total put value of  155,616,800,000 Combined total value = 155,616,800,000

Strike  78900  has a total call value of 0  versus a total put value of  153,070,600,000 Combined total value = 153,070,600,000

Strike  79000  has a total call value of 0  versus a total put value of  150,524,400,000 Combined total value = 150,524,400,000

Strike  79100  has a total call value of 0  versus a total put value of  147,978,200,000 Combined total value = 147,978,200,000

Strike  79200  has a total call value of 0  versus a total put value of  145,432,000,000 Combined total value = 145,432,000,000

Strike  79300  has a total call value of 0  versus a total put value of  142,885,800,000 Combined total value = 142,885,800,000

Strike  79400  has a total call value of 0  versus a total put value of  140,339,600,000 Combined total value = 140,339,600,000

Strike  79500  has a total call value of 0  versus a total put value of  137,793,400,000 Combined total value = 137,793,400,000

Strike  79600  has a total call value of 0  versus a total put value of  135,247,200,000 Combined total value = 135,247,200,000

Strike  79700  has a total call value of 0  versus a total put value of  132,701,000,000 Combined total value = 132,701,000,000

Strike  79800  has a total call value of 0  versus a total put value of  130,154,800,000 Combined total value = 130,154,800,000

Strike  79900  has a total call value of 0  versus a total put value of  127,608,600,000 Combined total value = 127,608,600,000

Strike  80000  has a total call value of 0  versus a total put value of  125,062,400,000 Combined total value = 125,062,400,000

Strike  80100  has a total call value of 800,000  versus a total put value of  122,565,600,000 Combined total value = 122,566,400,000

Strike  80200  has a total call value of 1,600,000  versus a total put value of  120,068,800,000 Combined total value = 120,070,400,000

Strike  80300  has a total call value of 2,400,000  versus a total put value of  117,572,000,000 Combined total value = 117,574,400,000

Strike  80400  has a total call value of 3,200,000  versus a total put value of  115,075,200,000 Combined total value = 115,078,400,000

Strike  80500  has a total call value of 4,000,000  versus a total put value of  112,578,400,000 Combined total value = 112,582,400,000

Strike  80600  has a total call value of 4,800,000  versus a total put value of  110,088,400,000 Combined total value = 110,093,200,000

Strike  80700  has a total call value of 5,600,000  versus a total put value of  107,598,400,000 Combined total value = 107,604,000,000

Strike  80800  has a total call value of 6,400,000  versus a total put value of  105,108,400,000 Combined total value = 105,114,800,000

Strike  80900  has a total call value of 7,200,000  versus a total put value of  102,618,400,000 Combined total value = 102,625,600,000

Strike  81000  has a total call value of 8,000,000  versus a total put value of  100,128,400,000 Combined total value = 100,136,400,000

Strike  81100  has a total call value of 11,800,000  versus a total put value of  97,672,800,000 Combined total value = 97,684,600,000

Strike  81200  has a total call value of 15,600,000  versus a total put value of  95,217,200,000 Combined total value = 95,232,800,000

Strike  81300  has a total call value of 19,400,000  versus a total put value of  92,761,600,000 Combined total value = 92,781,000,000

Strike  81400  has a total call value of 23,200,000  versus a total put value of  90,306,000,000 Combined total value = 90,329,200,000

Strike  81500  has a total call value of 27,000,000  versus a total put value of  87,850,400,000 Combined total value = 87,877,400,000

Strike  81600  has a total call value of 30,800,000  versus a total put value of  85,408,400,000 Combined total value = 85,439,200,000

Strike  81700  has a total call value of 34,600,000  versus a total put value of  82,968,200,000 Combined total value = 83,002,800,000

Strike  81800  has a total call value of 38,400,000  versus a total put value of  80,529,400,000 Combined total value = 80,567,800,000

Strike  81900  has a total call value of 42,200,000  versus a total put value of  78,095,200,000 Combined total value = 78,137,400,000

Strike  82000  has a total call value of 46,000,000  versus a total put value of  75,662,600,000 Combined total value = 75,708,600,000

Strike  82100  has a total call value of 56,600,000  versus a total put value of  73,313,400,000 Combined total value = 73,370,000,000

Strike  82200  has a total call value of 67,200,000  versus a total put value of  70,970,000,000 Combined total value = 71,037,200,000

Strike  82300  has a total call value of 77,800,000  versus a total put value of  68,633,800,000 Combined total value = 68,711,600,000

Strike  82400  has a total call value of 88,400,000  versus a total put value of  66,303,800,000 Combined total value = 66,392,200,000

Strike  82500  has a total call value of 99,000,000  versus a total put value of  63,981,600,000 Combined total value = 64,080,600,000

Strike  82600  has a total call value of 111,400,000  versus a total put value of  61,687,600,000 Combined total value = 61,799,000,000

Strike  82700  has a total call value of 123,800,000  versus a total put value of  59,401,200,000 Combined total value = 59,525,000,000

Strike  82800  has a total call value of 138,200,000  versus a total put value of  57,115,600,000 Combined total value = 57,253,800,000

Strike  82900  has a total call value of 160,200,000  versus a total put value of  54,832,800,000 Combined total value = 54,993,000,000

Strike  83000  has a total call value of 184,400,000  versus a total put value of  52,552,200,000 Combined total value = 52,736,600,000

Strike  83100  has a total call value of 223,800,000  versus a total put value of  50,365,800,000 Combined total value = 50,589,600,000

Strike  83200  has a total call value of 273,200,000  versus a total put value of  48,181,000,000 Combined total value = 48,454,200,000

Strike  83300  has a total call value of 338,600,000  versus a total put value of  46,004,000,000 Combined total value = 46,342,600,000

Strike  83400  has a total call value of 406,000,000  versus a total put value of  43,842,600,000 Combined total value = 44,248,600,000

Strike  83500  has a total call value of 481,800,000  versus a total put value of  41,683,200,000 Combined total value = 42,165,000,000

Strike  83600  has a total call value of 581,000,000  versus a total put value of  39,574,800,000 Combined total value = 40,155,800,000

Strike  83700  has a total call value of 692,800,000  versus a total put value of  37,478,000,000 Combined total value = 38,170,800,000

Strike  83800  has a total call value of 841,200,000  versus a total put value of  35,391,600,000 Combined total value = 36,232,800,000

Strike  83900  has a total call value of 989,600,000  versus a total put value of  33,314,400,000 Combined total value = 34,304,000,000

Strike  84000  has a total call value of 1,140,800,000  versus a total put value of  31,261,000,000 Combined total value = 32,401,800,000

Strike  84100  has a total call value of 1,367,600,000  versus a total put value of  29,373,200,000 Combined total value = 30,740,800,000

Strike  84200  has a total call value of 1,608,000,000  versus a total put value of  27,506,800,000 Combined total value = 29,114,800,000

Strike  84300  has a total call value of 1,915,200,000  versus a total put value of  25,687,600,000 Combined total value = 27,602,800,000

Strike  84400  has a total call value of 2,312,800,000  versus a total put value of  23,921,200,000 Combined total value = 26,234,000,000

Strike  84500  has a total call value of 2,760,000,000  versus a total put value of  22,209,200,000 Combined total value = 24,969,200,000

Strike  84600  has a total call value of 3,266,000,000  versus a total put value of  20,584,000,000 Combined total value = 23,850,000,000

Strike  84700  has a total call value of 3,834,600,000  versus a total put value of  19,015,000,000 Combined total value = 22,849,600,000

Strike  84800  has a total call value of 4,446,200,000  versus a total put value of  17,485,200,000 Combined total value = 21,931,400,000

Strike  84900  has a total call value of 5,096,600,000  versus a total put value of  16,000,600,000 Combined total value = 21,097,200,000

Strike  85000  has a total call value of 5,790,400,000  versus a total put value of  14,577,400,000 Combined total value = 20,367,800,000

Strike  85100  has a total call value of 6,611,600,000  versus a total put value of  13,345,400,000 Combined total value = 19,957,000,000

Strike  85200  has a total call value of 7,471,600,000  versus a total put value of  12,153,800,000 Combined total value = 19,625,400,000

Strike  85300  has a total call value of 8,375,000,000  versus a total put value of  10,997,400,000 Combined total value = 19,372,400,000

Strike  85400  has a total call value of 9,322,400,000  versus a total put value of  9,889,400,000 Combined total value = 19,211,800,000

Strike  85500  has a total call value of 10,313,400,000  versus a total put value of  8,815,400,000 Combined total value = 19,128,800,000

Strike  85600  has a total call value of 11,461,800,000  versus a total put value of  7,955,000,000 Combined total value = 19,416,800,000

Strike  85700  has a total call value of 12,650,600,000  versus a total put value of  7,145,600,000 Combined total value = 19,796,200,000

Strike  85800  has a total call value of 13,883,600,000  versus a total put value of  6,368,800,000 Combined total value = 20,252,400,000

Strike  85900  has a total call value of 15,160,200,000  versus a total put value of  5,625,200,000 Combined total value = 20,785,400,000

Strike  86000  has a total call value of 16,474,400,000  versus a total put value of  4,916,600,000 Combined total value = 21,391,000,000

Strike  86100  has a total call value of 17,938,000,000  versus a total put value of  4,303,600,000 Combined total value = 22,241,600,000

Strike  86200  has a total call value of 19,445,000,000  versus a total put value of  3,736,800,000 Combined total value = 23,181,800,000

Strike  86300  has a total call value of 20,986,200,000  versus a total put value of  3,254,200,000 Combined total value = 24,240,400,000

Strike  86400  has a total call value of 22,552,000,000  versus a total put value of  2,834,400,000 Combined total value = 25,386,400,000

Strike  86500  has a total call value of 24,137,600,000  versus a total put value of  2,431,600,000 Combined total value = 26,569,200,000

Strike  86600  has a total call value of 25,773,200,000  versus a total put value of  2,121,800,000 Combined total value = 27,895,000,000

Strike  86700  has a total call value of 27,432,800,000  versus a total put value of  1,840,000,000 Combined total value = 29,272,800,000

Strike  86800  has a total call value of 29,113,000,000  versus a total put value of  1,587,000,000 Combined total value = 30,700,000,000

Strike  86900  has a total call value of 30,816,800,000  versus a total put value of  1,365,200,000 Combined total value = 32,182,000,000

Strike  87000  has a total call value of 32,531,000,000  versus a total put value of  1,168,800,000 Combined total value = 33,699,800,000

Strike  87100  has a total call value of 34,362,000,000  versus a total put value of  1,023,600,000 Combined total value = 35,385,600,000

Strike  87200  has a total call value of 36,210,800,000  versus a total put value of  918,400,000 Combined total value = 37,129,200,000

Strike  87300  has a total call value of 38,074,800,000  versus a total put value of  816,800,000 Combined total value = 38,891,600,000

Strike  87400  has a total call value of 39,949,800,000  versus a total put value of  717,200,000 Combined total value = 40,667,000,000

Strike  87500  has a total call value of 41,838,600,000  versus a total put value of  619,600,000 Combined total value = 42,458,200,000

Strike  87600  has a total call value of 43,799,400,000  versus a total put value of  534,800,000 Combined total value = 44,334,200,000

Strike  87700  has a total call value of 45,773,600,000  versus a total put value of  450,000,000 Combined total value = 46,223,600,000

Strike  87800  has a total call value of 47,766,600,000  versus a total put value of  365,200,000 Combined total value = 48,131,800,000

Strike  87900  has a total call value of 49,781,600,000  versus a total put value of  284,600,000 Combined total value = 50,066,200,000

Strike  88000  has a total call value of 51,827,600,000  versus a total put value of  208,800,000 Combined total value = 52,036,400,000

Strike  88100  has a total call value of 54,599,200,000  versus a total put value of  138,200,000 Combined total value = 54,737,400,000

Strike  88200  has a total call value of 57,405,000,000  versus a total put value of  67,600,000 Combined total value = 57,472,600,000

Strike  88300  has a total call value of 60,231,200,000  versus a total put value of  3,400,000 Combined total value = 60,234,600,000

Strike  88400  has a total call value of 63,063,400,000  versus a total put value of  3,200,000 Combined total value = 63,066,600,000

Strike  88500  has a total call value of 65,902,600,000  versus a total put value of  3,000,000 Combined total value = 65,905,600,000

Strike  88600  has a total call value of 68,804,400,000  versus a total put value of  2,800,000 Combined total value = 68,807,200,000

Strike  88700  has a total call value of 71,721,600,000  versus a total put value of  2,600,000 Combined total value = 71,724,200,000

Strike  88800  has a total call value of 74,643,800,000  versus a total put value of  2,400,000 Combined total value = 74,646,200,000

Strike  88900  has a total call value of 77,571,000,000  versus a total put value of  2,200,000 Combined total value = 77,573,200,000

Strike  89000  has a total call value of 80,502,200,000  versus a total put value of  2,000,000 Combined total value = 80,504,200,000

Strike  89100  has a total call value of 83,544,800,000  versus a total put value of  1,800,000 Combined total value = 83,546,600,000

Strike  89200  has a total call value of 86,591,400,000  versus a total put value of  1,600,000 Combined total value = 86,593,000,000

Strike  89300  has a total call value of 89,642,000,000  versus a total put value of  1,400,000 Combined total value = 89,643,400,000

Strike  89400  has a total call value of 92,696,800,000  versus a total put value of  1,200,000 Combined total value = 92,698,000,000

Strike  89500  has a total call value of 95,755,600,000  versus a total put value of  1,000,000 Combined total value = 95,756,600,000

Strike  89600  has a total call value of 98,815,800,000  versus a total put value of  800,000 Combined total value = 98,816,600,000

Strike  89700  has a total call value of 101,876,000,000  versus a total put value of  600,000 Combined total value = 101,876,600,000

Strike  89800  has a total call value of 104,936,200,000  versus a total put value of  400,000 Combined total value = 104,936,600,000

Strike  89900  has a total call value of 107,996,400,000  versus a total put value of  200,000 Combined total value = 107,996,600,000

Strike  90000  has a total call value of 111,056,600,000  versus a total put value of  0 Combined total value = 111,056,600,000

Strike  90100  has a total call value of 114,188,600,000  versus a total put value of  0 Combined total value = 114,188,600,000

Strike  90200  has a total call value of 117,321,200,000  versus a total put value of  0 Combined total value = 117,321,200,000

Strike  90300  has a total call value of 120,453,800,000  versus a total put value of  0 Combined total value = 120,453,800,000

Strike  90400  has a total call value of 123,586,400,000  versus a total put value of  0 Combined total value = 123,586,400,000

Strike  90500  has a total call value of 126,719,000,000  versus a total put value of  0 Combined total value = 126,719,000,000

Strike  90600  has a total call value of 129,851,600,000  versus a total put value of  0 Combined total value = 129,851,600,000

Strike  90700  has a total call value of 132,986,800,000  versus a total put value of  0 Combined total value = 132,986,800,000

Strike  90800  has a total call value of 136,122,000,000  versus a total put value of  0 Combined total value = 136,122,000,000

Strike  90900  has a total call value of 139,257,200,000  versus a total put value of  0 Combined total value = 139,257,200,000

Strike  91000  has a total call value of 142,392,400,000  versus a total put value of  0 Combined total value = 142,392,400,000

Strike  91100  has a total call value of 145,527,800,000  versus a total put value of  0 Combined total value = 145,527,800,000

Strike  91200  has a total call value of 148,663,200,000  versus a total put value of  0 Combined total value = 148,663,200,000

Strike  91300  has a total call value of 151,798,600,000  versus a total put value of  0 Combined total value = 151,798,600,000

Strike  91400  has a total call value of 154,934,000,000  versus a total put value of  0 Combined total value = 154,934,000,000

Strike  91500  has a total call value of 158,069,400,000  versus a total put value of  0 Combined total value = 158,069,400,000

Strike  91600  has a total call value of 161,204,800,000  versus a total put value of  0 Combined total value = 161,204,800,000

Strike  91700  has a total call value of 164,340,200,000  versus a total put value of  0 Combined total value = 164,340,200,000

Strike  91800  has a total call value of 167,475,600,000  versus a total put value of  0 Combined total value = 167,475,600,000

Strike  91900  has a total call value of 170,611,000,000  versus a total put value of  0 Combined total value = 170,611,000,000

Strike  92000  has a total call value of 173,746,800,000  versus a total put value of  0 Combined total value = 173,746,800,000

Strike  92100  has a total call value of 176,883,800,000  versus a total put value of  0 Combined total value = 176,883,800,000

Strike  92200  has a total call value of 180,020,800,000  versus a total put value of  0 Combined total value = 180,020,800,000

Strike  92300  has a total call value of 183,157,800,000  versus a total put value of  0 Combined total value = 183,157,800,000

Strike  92400  has a total call value of 186,294,800,000  versus a total put value of  0 Combined total value = 186,294,800,000

Strike  92500  has a total call value of 189,431,800,000  versus a total put value of  0 Combined total value = 189,431,800,000

Strike  92600  has a total call value of 192,572,400,000  versus a total put value of  0 Combined total value = 192,572,400,000

Strike  92700  has a total call value of 195,713,000,000  versus a total put value of  0 Combined total value = 195,713,000,000

Strike  92800  has a total call value of 198,853,600,000  versus a total put value of  0 Combined total value = 198,853,600,000

Strike  92900  has a total call value of 201,994,200,000  versus a total put value of  0 Combined total value = 201,994,200,000

Strike  93000  has a total call value of 205,135,400,000  versus a total put value of  0 Combined total value = 205,135,400,000

Strike  93100  has a total call value of 208,276,600,000  versus a total put value of  0 Combined total value = 208,276,600,000

Max-Pain Table for Stocks
  Note:- click on symbol to see more detailed view
Max Pain Table (Stocks)
Symbol Symbol Ltp Max Pain
360ONE 1149.8 1140
ABB 5157 5150
ABCAPITAL 358.8 350
ADANIENSOL 973 980
ADANIENT 2259.1 2300
ADANIGREEN 1016.2 1020
ADANIPORTS 1511.4 1500
ALKEM 5681.5 5700
AMBER 6520 6600
AMBUJACEM 533.75 550
ANGELONE 2635.8 2650
APLAPOLLO 1771.9 1760
APOLLOHOSP 7187 7350
ASHOKLEY 160.26 157
ASIANPAINT 2964 2920
ASTRAL 1457.8 1460
AUBANK 956.5 940
AUROPHARMA 1215.5 1220
AXISBANK 1281 1280
BAJAJ-AUTO 9094 9100
BAJAJFINSV 2100.1 2080
BAJFINANCE 1054 1030
BANDHANBNK 140.9 150
BANKBARODA 292.3 290
BANKINDIA 142.5 145
BDL 1515.3 1520
BEL 407.75 410
BHARATFORG 1402 1400
BHARTIARTL 2098.3 2100
BHEL 277.7 285
BIOCON 391.75 395
BLUESTARCO 1727 1760
BOSCHLTD 36860 36500
BPCL 360.7 362.5
BRITANNIA 5940 5850
BSE 2812.3 2800
CAMS 771.9 780
CANBK 148.57 150
CDSL 1545.5 1580
CGPOWER 660.2 680
CHOLAFIN 1720.5 1700
CIPLA 1526.2 1530
COALINDIA 380.1 380
COFORGE 1980 1860
COLPAL 2157.1 2180
CONCOR 511.65 520
CROMPTON 260.4 270
CUMMINSIND 4456 4500
CYIENT 1172.5 1160
DABUR 508.8 515
DALBHARAT 1990.7 2000
DELHIVERY 405.1 420
DIVISLAB 6462 6450
DIXON 13852 14500
DLF 718.55 730
DMART 3947.8 4000
DRREDDY 1274.9 1270
EICHERMOT 7170 7100
ETERNAL 293.5 305
EXIDEIND 378.25 380
FEDERALBNK 258.95 255
FORTIS 889.9 910
GAIL 170.05 175
GLENMARK 1974.6 1940
GMRAIRPORT 103.03 102
GODREJCP 1133.2 1140
GODREJPROP 2080.7 2100
GRASIM 2744.2 2760
HAL 4460.1 4500
HAVELLS 1427.4 1440
HCLTECH 1683.8 1640
HDFCAMC 2575.7 2650
HDFCBANK 1001.8 1000
HDFCLIFE 770 770
HEROMOTOCO 6337.5 6200
HFCL 68.89 70
HINDALCO 825.85 800
HINDPETRO 450.7 455
HINDUNILVR 2327.9 2360
HINDZINC 497.9 490
HUDCO 222.56 230
ICICIBANK 1389.5 1380
ICICIGI 1976.5 2000
ICICIPRULI 623.6 620
IDEA 10.77 10
IDFCFIRSTB 80.94 80
IEX 145.47 145
IIFL 568.2 570
INDHOTEL 730.3 740
INDIANB 809.2 830
INDIGO 5397.5 5500
INDUSINDBK 870 860
INDUSTOWER 414.35 410
INFY 1613.8 1600
INOXWIND 129.4 137.5
IOC 163.21 164
IRCTC 674.15 690
IREDA 133.1 140
IRFC 114.13 117
ITC 404.65 405
JINDALSTEL 1008.5 1030
JIOFIN 302.95 305
JSWENERGY 453.85 480
JSWSTEEL 1158 1150
JUBLFOOD 593.35 600
KALYANKJIL 490.2 490
KAYNES 4575 5000
KEI 4155 4150
KFINTECH 1071 1080
KOTAKBANK 2154.7 2120
KPITTECH 1268 1240
LAURUSLABS 1025.6 1000
LICHSGFIN 542.05 555
LICI 868.1 900
LODHA 1106.1 1140
LT 4034.2 4020
LTF 307.3 302.5
LTIM 6292 6200
LUPIN 2100.5 2080
M&M 3711.9 3700
MANAPPURAM 277.5 280
MANKIND 2203.4 2250
MARICO 733.1 730
MARUTI 16209 16100
MAXHEALTH 1096.4 1120
MAZDOCK 2616.3 2700
MCX 10310 10100
MFSL 1686.5 1700
MOTHERSON 117.17 115
MPHASIS 2946.3 2900
MUTHOOTFIN 3786.9 3700
NATIONALUM 273.95 265
NAUKRI 1388.2 1380
NBCC 111.84 115
NCC 168.38 172.5
NESTLEIND 1241.8 1260
NHPC 76.97 78
NMDC 76.16 76
NTPC 323.2 325
NUVAMA 7150 7200
NYKAA 254.15 260
OBEROIRLTY 1652.9 1660
OFSS 8205.5 8200
OIL 410.4 415
ONGC 241.89 244
PAGEIND 37500 38000
PATANJALI 542.8 550
PAYTM 1348.6 1320
PERSISTENT 6510 6400
PETRONET 274.9 280
PFC 352.75 365
PGEL 562.15 580
PHOENIXLTD 1731.9 1740
PIDILITIND 1474.3 1480
PIIND 3410.9 3450
PNB 121.15 122
PNBHOUSING 901.45 900
POLICYBZR 1878.2 1860
POLYCAB 7225 7400
POWERGRID 270 275
POWERINDIA 19355 20500
PPLPHARMA 179.7 185
PRESTIGE 1688.4 1680
RBLBANK 305.95 310
RECLTD 352.75 360
RELIANCE 1536.5 1540
RVNL 310.95 315
SAIL 132.87 135
SAMMAANCAP 148.65 170
SBICARD 883.3 880
SBILIFE 2025 2020
SBIN 964.75 970
SHREECEM 26250 26500
SHRIRAMFIN 853.5 840
SIEMENS 3308 3300
SOLARINDS 12812 13500
SONACOMS 493.45 500
SRF 2875.8 2900
SUNPHARMA 1806.4 1800
SUPREMEIND 3363.3 3450
SUZLON 51.24 54
SYNGENE 639.8 640
TATACONSUM 1161 1170
TATAELXSI 5246.5 5300
TATAMOTORS 0 320
TATAPOWER 384.4 390
TATASTEEL 167.33 170
TATATECH 667.1 680
TCS 3230 3200
TECHM 1575.5 1520
TIINDIA 2668.4 2800
TITAGARH 793.55 820
TITAN 3818.8 3860
TMPV 354.5 360
TORNTPHARM 3794.6 3750
TORNTPOWER 1285.3 1300
TRENT 4183.4 4300
TVSMOTOR 3651.8 3600
ULTRACEMCO 11598 11700
UNIONBANK 152.68 155
UNITDSPR 1454 1440
UNOMINDA 1273.2 1300
UPL 756.6 760
VBL 478.55 470
VEDL 528.1 520
VOLTAS 1325 1360
WIPRO 259.5 255
YESBANK 22.56 23
ZYDUSLIFE 933.5 940

Note:
Stock LTP > Max Pain Bearish Trend
Stock LTP < Max Pain Bullish Trend
Frequently Asked Questions

Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation.

The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.

Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. Here's the step-by-step process:

  1. For each strike price: Calculate the difference between the current stock price and the strike price.
  2. Multiply by Open Interest: Multiply this difference by the open interest (number of contracts) at that strike for both call and put options.
  3. Sum the values: Add together the dollar value for put options and call options at each strike price.
  4. Repeat for all strikes: Perform this calculation for every available strike price in the option chain.
  5. Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price.

This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.

Traders can incorporate Max Pain analysis into their trading strategy in several ways:

  • Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level.
  • Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes.
  • Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly.
  • Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration.
  • Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.

Max Pain provides insights into potential stock price behavior, especially near option expiration:

  • Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions.
  • Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost.
  • Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears.
  • Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities.

Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.

Max Pain is a dynamic value that changes continuously based on several factors:

  • Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation.
  • Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations.
  • Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements.
  • New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest.

For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.

Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading:

  • Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately.
  • Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading.

The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.

No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why:

  • Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions.
  • Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts.
  • Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum.
  • Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level.
  • Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target.

Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.

Max Pain becomes increasingly relevant as option expiration approaches:

  • Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur.
  • Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations.
  • High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure.
  • Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement.
  • Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement.

While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.