SENSEX
Sensex
Max pain for SENSEX
13 Feb 2025 11:21 AM IST
Max Pain for SENSEX is 76500
Strike 70400 has a total call value of 0 versus a total put value of 2,351,073,800,000 Combined total value = 2,351,073,800,000
Strike 70500 has a total call value of 0 versus a total put value of 2,292,105,000,000 Combined total value = 2,292,105,000,000
Strike 70600 has a total call value of 0 versus a total put value of 2,234,452,000,000 Combined total value = 2,234,452,000,000
Strike 70700 has a total call value of 0 versus a total put value of 2,176,879,600,000 Combined total value = 2,176,879,600,000
Strike 70800 has a total call value of 0 versus a total put value of 2,119,339,000,000 Combined total value = 2,119,339,000,000
Strike 70900 has a total call value of 0 versus a total put value of 2,061,855,600,000 Combined total value = 2,061,855,600,000
Strike 71000 has a total call value of 0 versus a total put value of 2,004,427,800,000 Combined total value = 2,004,427,800,000
Strike 71100 has a total call value of 0 versus a total put value of 1,948,351,600,000 Combined total value = 1,948,351,600,000
Strike 71200 has a total call value of 0 versus a total put value of 1,892,324,800,000 Combined total value = 1,892,324,800,000
Strike 71300 has a total call value of 0 versus a total put value of 1,836,375,400,000 Combined total value = 1,836,375,400,000
Strike 71400 has a total call value of 0 versus a total put value of 1,780,459,000,000 Combined total value = 1,780,459,000,000
Strike 71500 has a total call value of 0 versus a total put value of 1,724,623,200,000 Combined total value = 1,724,623,200,000
Strike 71600 has a total call value of 0 versus a total put value of 1,670,604,000,000 Combined total value = 1,670,604,000,000
Strike 71700 has a total call value of 0 versus a total put value of 1,616,707,200,000 Combined total value = 1,616,707,200,000
Strike 71800 has a total call value of 0 versus a total put value of 1,562,891,200,000 Combined total value = 1,562,891,200,000
Strike 71900 has a total call value of 0 versus a total put value of 1,509,166,400,000 Combined total value = 1,509,166,400,000
Strike 72000 has a total call value of 0 versus a total put value of 1,455,581,800,000 Combined total value = 1,455,581,800,000
Strike 72100 has a total call value of 0 versus a total put value of 1,404,717,000,000 Combined total value = 1,404,717,000,000
Strike 72200 has a total call value of 0 versus a total put value of 1,354,142,000,000 Combined total value = 1,354,142,000,000
Strike 72300 has a total call value of 0 versus a total put value of 1,303,892,600,000 Combined total value = 1,303,892,600,000
Strike 72400 has a total call value of 0 versus a total put value of 1,253,860,800,000 Combined total value = 1,253,860,800,000
Strike 72500 has a total call value of 0 versus a total put value of 1,204,028,200,000 Combined total value = 1,204,028,200,000
Strike 72600 has a total call value of 0 versus a total put value of 1,156,490,400,000 Combined total value = 1,156,490,400,000
Strike 72700 has a total call value of 0 versus a total put value of 1,109,045,400,000 Combined total value = 1,109,045,400,000
Strike 72800 has a total call value of 0 versus a total put value of 1,061,821,400,000 Combined total value = 1,061,821,400,000
Strike 72900 has a total call value of 0 versus a total put value of 1,014,986,400,000 Combined total value = 1,014,986,400,000
Strike 73000 has a total call value of 0 versus a total put value of 968,527,800,000 Combined total value = 968,527,800,000
Strike 73100 has a total call value of 0 versus a total put value of 926,118,200,000 Combined total value = 926,118,200,000
Strike 73200 has a total call value of 0 versus a total put value of 883,955,200,000 Combined total value = 883,955,200,000
Strike 73300 has a total call value of 0 versus a total put value of 842,154,600,000 Combined total value = 842,154,600,000
Strike 73400 has a total call value of 0 versus a total put value of 800,621,400,000 Combined total value = 800,621,400,000
Strike 73500 has a total call value of 0 versus a total put value of 759,521,000,000 Combined total value = 759,521,000,000
Strike 73600 has a total call value of 0 versus a total put value of 721,051,400,000 Combined total value = 721,051,400,000
Strike 73700 has a total call value of 0 versus a total put value of 682,976,400,000 Combined total value = 682,976,400,000
Strike 73800 has a total call value of 0 versus a total put value of 645,258,600,000 Combined total value = 645,258,600,000
Strike 73900 has a total call value of 0 versus a total put value of 607,946,800,000 Combined total value = 607,946,800,000
Strike 74000 has a total call value of 0 versus a total put value of 570,911,200,000 Combined total value = 570,911,200,000
Strike 74100 has a total call value of 11,600,000 versus a total put value of 538,563,400,000 Combined total value = 538,575,000,000
Strike 74200 has a total call value of 23,400,000 versus a total put value of 506,712,400,000 Combined total value = 506,735,800,000
Strike 74300 has a total call value of 36,600,000 versus a total put value of 475,377,800,000 Combined total value = 475,414,400,000
Strike 74400 has a total call value of 50,200,000 versus a total put value of 444,382,800,000 Combined total value = 444,433,000,000
Strike 74500 has a total call value of 64,000,000 versus a total put value of 413,942,000,000 Combined total value = 414,006,000,000
Strike 74600 has a total call value of 105,800,000 versus a total put value of 385,562,600,000 Combined total value = 385,668,400,000
Strike 74700 has a total call value of 148,400,000 versus a total put value of 357,573,400,000 Combined total value = 357,721,800,000
Strike 74800 has a total call value of 193,600,000 versus a total put value of 329,974,800,000 Combined total value = 330,168,400,000
Strike 74900 has a total call value of 252,600,000 versus a total put value of 303,009,400,000 Combined total value = 303,262,000,000
Strike 75000 has a total call value of 346,000,000 versus a total put value of 276,675,400,000 Combined total value = 277,021,400,000
Strike 75100 has a total call value of 479,200,000 versus a total put value of 253,273,600,000 Combined total value = 253,752,800,000
Strike 75200 has a total call value of 628,600,000 versus a total put value of 230,508,600,000 Combined total value = 231,137,200,000
Strike 75300 has a total call value of 829,200,000 versus a total put value of 208,483,200,000 Combined total value = 209,312,400,000
Strike 75400 has a total call value of 1,081,600,000 versus a total put value of 187,986,000,000 Combined total value = 189,067,600,000
Strike 75500 has a total call value of 1,433,800,000 versus a total put value of 168,365,000,000 Combined total value = 169,798,800,000
Strike 75600 has a total call value of 1,968,400,000 versus a total put value of 150,395,400,000 Combined total value = 152,363,800,000
Strike 75700 has a total call value of 2,631,600,000 versus a total put value of 133,273,400,000 Combined total value = 135,905,000,000
Strike 75800 has a total call value of 3,444,800,000 versus a total put value of 117,113,000,000 Combined total value = 120,557,800,000
Strike 75900 has a total call value of 4,407,800,000 versus a total put value of 101,810,800,000 Combined total value = 106,218,600,000
Strike 76000 has a total call value of 5,518,600,000 versus a total put value of 87,163,200,000 Combined total value = 92,681,800,000
Strike 76100 has a total call value of 7,404,000,000 versus a total put value of 74,874,200,000 Combined total value = 82,278,200,000
Strike 76200 has a total call value of 9,558,000,000 versus a total put value of 63,684,000,000 Combined total value = 73,242,000,000
Strike 76300 has a total call value of 12,302,200,000 versus a total put value of 53,809,600,000 Combined total value = 66,111,800,000
Strike 76400 has a total call value of 15,886,600,000 versus a total put value of 45,225,200,000 Combined total value = 61,111,800,000
Strike 76500 has a total call value of 20,217,400,000 versus a total put value of 37,765,800,000 Combined total value = 57,983,200,000
Strike 76600 has a total call value of 26,961,800,000 versus a total put value of 32,738,400,000 Combined total value = 59,700,200,000
Strike 76700 has a total call value of 34,928,200,000 versus a total put value of 28,706,800,000 Combined total value = 63,635,000,000
Strike 76800 has a total call value of 43,889,200,000 versus a total put value of 25,363,000,000 Combined total value = 69,252,200,000
Strike 76900 has a total call value of 53,667,400,000 versus a total put value of 22,392,600,000 Combined total value = 76,060,000,000
Strike 77000 has a total call value of 64,264,400,000 versus a total put value of 19,578,400,000 Combined total value = 83,842,800,000
Strike 77100 has a total call value of 77,248,000,000 versus a total put value of 17,555,400,000 Combined total value = 94,803,400,000
Strike 77200 has a total call value of 90,898,000,000 versus a total put value of 15,639,400,000 Combined total value = 106,537,400,000
Strike 77300 has a total call value of 105,166,200,000 versus a total put value of 13,828,400,000 Combined total value = 118,994,600,000
Strike 77400 has a total call value of 120,073,000,000 versus a total put value of 12,219,600,000 Combined total value = 132,292,600,000
Strike 77500 has a total call value of 135,629,800,000 versus a total put value of 10,672,400,000 Combined total value = 146,302,200,000
Strike 77600 has a total call value of 153,190,600,000 versus a total put value of 9,599,200,000 Combined total value = 162,789,800,000
Strike 77700 has a total call value of 171,806,000,000 versus a total put value of 8,638,200,000 Combined total value = 180,444,200,000
Strike 77800 has a total call value of 190,966,400,000 versus a total put value of 7,709,200,000 Combined total value = 198,675,600,000
Strike 77900 has a total call value of 210,790,200,000 versus a total put value of 6,800,600,000 Combined total value = 217,590,800,000
Strike 78000 has a total call value of 231,170,400,000 versus a total put value of 5,900,800,000 Combined total value = 237,071,200,000
Strike 78100 has a total call value of 254,926,200,000 versus a total put value of 5,399,600,000 Combined total value = 260,325,800,000
Strike 78200 has a total call value of 279,245,400,000 versus a total put value of 4,907,400,000 Combined total value = 284,152,800,000
Strike 78300 has a total call value of 304,099,200,000 versus a total put value of 4,428,000,000 Combined total value = 308,527,200,000
Strike 78400 has a total call value of 329,352,000,000 versus a total put value of 3,954,000,000 Combined total value = 333,306,000,000
Strike 78500 has a total call value of 354,996,600,000 versus a total put value of 3,486,400,000 Combined total value = 358,483,000,000
Strike 78600 has a total call value of 382,738,800,000 versus a total put value of 3,075,000,000 Combined total value = 385,813,800,000
Strike 78700 has a total call value of 410,934,600,000 versus a total put value of 2,667,800,000 Combined total value = 413,602,400,000
Strike 78800 has a total call value of 439,471,600,000 versus a total put value of 2,264,000,000 Combined total value = 441,735,600,000
Strike 78900 has a total call value of 468,442,600,000 versus a total put value of 1,861,800,000 Combined total value = 470,304,400,000
Strike 79000 has a total call value of 497,876,000,000 versus a total put value of 1,460,000,000 Combined total value = 499,336,000,000
Strike 79100 has a total call value of 532,886,000,000 versus a total put value of 1,345,800,000 Combined total value = 534,231,800,000
Strike 79200 has a total call value of 568,375,800,000 versus a total put value of 1,231,600,000 Combined total value = 569,607,400,000
Strike 79300 has a total call value of 604,281,600,000 versus a total put value of 1,117,400,000 Combined total value = 605,399,000,000
Strike 79400 has a total call value of 640,801,600,000 versus a total put value of 1,003,200,000 Combined total value = 641,804,800,000
Strike 79500 has a total call value of 677,778,200,000 versus a total put value of 889,000,000 Combined total value = 678,667,200,000
Strike 79600 has a total call value of 717,476,400,000 versus a total put value of 777,600,000 Combined total value = 718,254,000,000
Strike 79700 has a total call value of 757,609,000,000 versus a total put value of 666,200,000 Combined total value = 758,275,200,000
Strike 79800 has a total call value of 798,227,200,000 versus a total put value of 554,800,000 Combined total value = 798,782,000,000
Strike 79900 has a total call value of 839,172,400,000 versus a total put value of 443,400,000 Combined total value = 839,615,800,000
Strike 80000 has a total call value of 880,453,600,000 versus a total put value of 332,000,000 Combined total value = 880,785,600,000
Strike 80100 has a total call value of 926,304,000,000 versus a total put value of 308,600,000 Combined total value = 926,612,600,000
Strike 80200 has a total call value of 972,546,200,000 versus a total put value of 285,200,000 Combined total value = 972,831,400,000
Strike 80300 has a total call value of 1,019,211,200,000 versus a total put value of 261,800,000 Combined total value = 1,019,473,000,000
Strike 80400 has a total call value of 1,066,108,600,000 versus a total put value of 238,400,000 Combined total value = 1,066,347,000,000
Strike 80500 has a total call value of 1,113,110,200,000 versus a total put value of 215,000,000 Combined total value = 1,113,325,200,000
Strike 80600 has a total call value of 1,163,420,000,000 versus a total put value of 191,600,000 Combined total value = 1,163,611,600,000
Strike 80700 has a total call value of 1,213,821,200,000 versus a total put value of 168,200,000 Combined total value = 1,213,989,400,000
Strike 80800 has a total call value of 1,264,415,800,000 versus a total put value of 144,800,000 Combined total value = 1,264,560,600,000
Strike 80900 has a total call value of 1,315,109,600,000 versus a total put value of 121,400,000 Combined total value = 1,315,231,000,000
Strike 81000 has a total call value of 1,365,979,400,000 versus a total put value of 98,000,000 Combined total value = 1,366,077,400,000
Strike 81100 has a total call value of 1,420,572,800,000 versus a total put value of 88,200,000 Combined total value = 1,420,661,000,000
Strike 81200 has a total call value of 1,475,295,400,000 versus a total put value of 78,400,000 Combined total value = 1,475,373,800,000
Strike 81300 has a total call value of 1,530,106,600,000 versus a total put value of 68,600,000 Combined total value = 1,530,175,200,000
Strike 81400 has a total call value of 1,584,991,200,000 versus a total put value of 58,800,000 Combined total value = 1,585,050,000,000
Strike 81500 has a total call value of 1,639,921,400,000 versus a total put value of 49,000,000 Combined total value = 1,639,970,400,000
Strike 81600 has a total call value of 1,695,246,600,000 versus a total put value of 39,200,000 Combined total value = 1,695,285,800,000
Strike 81700 has a total call value of 1,750,734,800,000 versus a total put value of 29,400,000 Combined total value = 1,750,764,200,000
Strike 81800 has a total call value of 1,806,295,000,000 versus a total put value of 19,600,000 Combined total value = 1,806,314,600,000
Strike 81900 has a total call value of 1,861,855,200,000 versus a total put value of 9,800,000 Combined total value = 1,861,865,000,000
Strike 82000 has a total call value of 1,917,417,400,000 versus a total put value of 0 Combined total value = 1,917,417,400,000
Strike 82100 has a total call value of 1,975,622,800,000 versus a total put value of 0 Combined total value = 1,975,622,800,000
Strike 82200 has a total call value of 2,033,828,200,000 versus a total put value of 0 Combined total value = 2,033,828,200,000
Strike 82300 has a total call value of 2,092,033,600,000 versus a total put value of 0 Combined total value = 2,092,033,600,000
Strike 82400 has a total call value of 2,150,320,800,000 versus a total put value of 0 Combined total value = 2,150,320,800,000
Strike 82500 has a total call value of 2,208,660,200,000 versus a total put value of 0 Combined total value = 2,208,660,200,000
Strike 82600 has a total call value of 2,267,339,400,000 versus a total put value of 0 Combined total value = 2,267,339,400,000
Strike 82700 has a total call value of 2,326,018,600,000 versus a total put value of 0 Combined total value = 2,326,018,600,000
Strike 82800 has a total call value of 2,384,699,600,000 versus a total put value of 0 Combined total value = 2,384,699,600,000
Strike 82900 has a total call value of 2,443,380,600,000 versus a total put value of 0 Combined total value = 2,443,380,600,000
Strike 83000 has a total call value of 2,502,065,000,000 versus a total put value of 0 Combined total value = 2,502,065,000,000
Strike 83100 has a total call value of 2,561,188,800,000 versus a total put value of 0 Combined total value = 2,561,188,800,000
Strike 83200 has a total call value of 2,620,314,600,000 versus a total put value of 0 Combined total value = 2,620,314,600,000
Strike 83300 has a total call value of 2,679,440,400,000 versus a total put value of 0 Combined total value = 2,679,440,400,000
Strike 83400 has a total call value of 2,738,569,000,000 versus a total put value of 0 Combined total value = 2,738,569,000,000
Strike 83500 has a total call value of 2,797,697,600,000 versus a total put value of 0 Combined total value = 2,797,697,600,000
Strike 83600 has a total call value of 2,859,089,400,000 versus a total put value of 0 Combined total value = 2,859,089,400,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 437.4 | 450 |
ABB | 5531.05 | 5600 |
ABBOTINDIA | 28743.15 | 28000 |
ABCAPITAL | 162.12 | 172.5 |
ABFRL | 257.5 | 275 |
ACC | 1938.65 | 2000 |
ADANIENSOL | 766.25 | 760 |
ADANIENT | 2327.05 | 2460 |
ADANIGREEN | 935.95 | 960 |
ADANIPORTS | 1138.4 | 1120 |
ALKEM | 4710.9 | 4800 |
AMBUJACEM | 508.7 | 510 |
ANGELONE | 2354.15 | 2300 |
APLAPOLLO | 1372.6 | 1440 |
APOLLOHOSP | 6372 | 6450 |
APOLLOTYRE | 420.5 | 420 |
ASHOKLEY | 220.09 | 215 |
ASIANPAINT | 2237.1 | 2280 |
ASTRAL | 1388.1 | 1460 |
ATGL | 602.75 | 620 |
ATUL | 5740 | 5900 |
AUBANK | 555.2 | 570 |
AUROPHARMA | 1192.95 | 1200 |
AXISBANK | 1013.95 | 1010 |
BAJAJ-AUTO | 8745.05 | 8900 |
BAJAJFINSV | 1830.15 | 1800 |
BAJFINANCE | 8443 | 8200 |
BALKRISIND | 2676.75 | 2660 |
BANDHANBNK | 142.28 | 150 |
BANKBARODA | 212.35 | 215 |
BANKINDIA | 102.26 | 104 |
BATAINDIA | 1324.05 | 1340 |
BEL | 264.25 | 275 |
BERGEPAINT | 489.55 | 485 |
BHARATFORG | 1089.95 | 1120 |
BHARTIARTL | 1724.7 | 1700 |
BHEL | 203.95 | 205 |
BIOCON | 364 | 365 |
BOSCHLTD | 27411.35 | 29500 |
BPCL | 258.6 | 260 |
BRITANNIA | 4930.45 | 4950 |
BSE | 5342.35 | 5300 |
BSOFT | 515.65 | 520 |
CAMS | 3491.7 | 3500 |
CANBK | 90.21 | 93 |
CANFINHOME | 617.15 | 640 |
CDSL | 1261.85 | 1280 |
CESC | 128.33 | 135 |
CGPOWER | 592.7 | 600 |
CHAMBLFERT | 541.75 | 530 |
CHOLAFIN | 1394.4 | 1340 |
CIPLA | 1486.1 | 1460 |
COALINDIA | 364.85 | 385 |
COFORGE | 8019.75 | 8300 |
COLPAL | 2516.6 | 2620 |
CONCOR | 706.25 | 730 |
COROMANDEL | 1850 | 1800 |
CROMPTON | 345.05 | 350 |
CUB | 170.69 | 170 |
CUMMINSIND | 2834.95 | 2900 |
CYIENT | 1476.15 | 1420 |
DABUR | 524.85 | 530 |
DALBHARAT | 1808.3 | 1820 |
DEEPAKNTR | 2243.6 | 2300 |
DELHIVERY | 287 | 295 |
DIVISLAB | 6089.75 | 6000 |
DIXON | 15018.9 | 15000 |
DLF | 687.6 | 710 |
DMART | 3676.15 | 3750 |
DRREDDY | 1222.65 | 1220 |
EICHERMOT | 4902.9 | 5000 |
ESCORTS | 3028.3 | 3200 |
EXIDEIND | 368.4 | 375 |
FEDERALBNK | 183.72 | 185 |
GAIL | 164.11 | 163.5 |
GLENMARK | 1422.2 | 1460 |
GMRAIRPORT | 73.48 | 75 |
GMRINFRA | 0 | 76 |
GNFC | 573.5 | 560 |
GODREJCP | 1066.05 | 1100 |
GODREJPROP | 2024.45 | 2100 |
GRANULES | 552.4 | 550 |
GRASIM | 2509.9 | 2500 |
GUJGASLTD | 414.5 | 425 |
HAL | 3712.6 | 3750 |
HAVELLS | 1527.95 | 1560 |
HCLTECH | 1717.6 | 1720 |
HDFCAMC | 3764.15 | 3800 |
HDFCBANK | 1711.55 | 1720 |
HDFCLIFE | 638.4 | 630 |
HEROMOTOCO | 4003.35 | 4100 |
HFCL | 93.4 | 100 |
HINDALCO | 604.7 | 600 |
HINDCOPPER | 230.99 | 230 |
HINDPETRO | 325.95 | 340 |
HINDUNILVR | 2338 | 2400 |
HUDCO | 195.6 | 200 |
ICICIBANK | 1260.5 | 1260 |
ICICIGI | 1788.15 | 1840 |
ICICIPRULI | 590.1 | 600 |
IDEA | 8.95 | 9 |
IDFCFIRSTB | 62.27 | 62 |
IEX | 171.78 | 175 |
IGL | 195.13 | 195 |
INDHOTEL | 741.85 | 770 |
INDIAMART | 2217 | 2180 |
INDIANB | 523.45 | 530 |
INDIGO | 4334.65 | 4400 |
INDUSINDBK | 1048.95 | 1050 |
INDUSTOWER | 355.9 | 360 |
INFY | 1857.05 | 1880 |
IOC | 121.38 | 125 |
IPCALAB | 1467 | 1440 |
IRB | 50.39 | 52 |
IRCTC | 762.7 | 780 |
IRFC | 127.94 | 130 |
ITC | 412.4 | 425 |
JINDALSTEL | 850.1 | 840 |
JIOFIN | 232.64 | 240 |
JKCEMENT | 4829 | 4800 |
JSL | 608.85 | 600 |
JSWENERGY | 475.35 | 470 |
JSWSTEEL | 976.75 | 960 |
JUBLFOOD | 686.05 | 680 |
KALYANKJIL | 520.4 | 500 |
KEI | 3475.1 | 3600 |
KOTAKBANK | 1973.3 | 1940 |
KPITTECH | 1353.3 | 1400 |
LALPATHLAB | 2661.65 | 2800 |
LAURUSLABS | 614.45 | 600 |
LICHSGFIN | 551.7 | 570 |
LICI | 790 | 820 |
LODHA | 1176.55 | 1200 |
LT | 3286.7 | 3400 |
LTF | 141.66 | 145 |
LTIM | 5691.55 | 5800 |
LTTS | 5093.3 | 5250 |
LUPIN | 2105.15 | 2100 |
M&M | 3007.15 | 3100 |
M&MFIN | 281 | 280 |
MANAPPURAM | 197.45 | 200 |
MARICO | 638.45 | 650 |
MARUTI | 12669.35 | 12700 |
MAXHEALTH | 1007.05 | 1040 |
MCX | 5720.4 | 5800 |
METROPOLIS | 1735.45 | 1800 |
MFSL | 1098.5 | 1100 |
MGL | 1303.4 | 1320 |
MOTHERSON | 128.76 | 135 |
MPHASIS | 2656.4 | 2800 |
MRF | 109609.7 | 110000 |
MUTHOOTFIN | 2323.5 | 2280 |
NATIONALUM | 192.9 | 195 |
NAUKRI | 7678.55 | 7800 |
NAVINFLUOR | 4135.1 | 4100 |
NBCC | 87.48 | 85 |
NCC | 202.5 | 205 |
NESTLEIND | 2190.1 | 2240 |
NHPC | 75.27 | 75 |
NMDC | 64.03 | 65 |
NTPC | 307.1 | 310 |
NYKAA | 171.5 | 170 |
OBEROIRLTY | 1612.6 | 1660 |
OFSS | 9121 | 9250 |
OIL | 414.35 | 410 |
ONGC | 237.5 | 245 |
PAGEIND | 42310.7 | 43000 |
PAYTM | 772.65 | 780 |
PEL | 984.8 | 1040 |
PERSISTENT | 5754.5 | 5900 |
PETRONET | 303.3 | 305 |
PFC | 384.5 | 400 |
PHOENIXLTD | 1604.1 | 1600 |
PIDILITIND | 2844.2 | 2900 |
PIIND | 3290 | 3450 |
PNB | 96.12 | 98 |
POLICYBZR | 1648.05 | 1600 |
POLYCAB | 5677.15 | 5700 |
POONAWALLA | 303.9 | 305 |
POWERGRID | 259.3 | 270 |
PRESTIGE | 1250 | 1300 |
PVRINOX | 1062.85 | 1080 |
RAMCOCEM | 871.1 | 880 |
RBLBANK | 165.13 | 165 |
RECLTD | 414 | 430 |
RELIANCE | 1223.3 | 1250 |
SAIL | 110.1 | 110 |
SBICARD | 863.45 | 820 |
SBILIFE | 1469.1 | 1460 |
SBIN | 735.4 | 750 |
SHREECEM | 28674.85 | 28000 |
SHRIRAMFIN | 558.35 | 560 |
SIEMENS | 5252 | 5300 |
SJVN | 92.09 | 90 |
SOLARINDS | 9021.75 | 9000 |
SONACOMS | 517.7 | 520 |
SRF | 2855.05 | 2820 |
SUNPHARMA | 1717.7 | 1720 |
SUNTV | 604 | 600 |
SUPREMEIND | 3915.9 | 3900 |
SYNGENE | 711.6 | 740 |
TATACHEM | 882.05 | 940 |
TATACOMM | 1549.9 | 1580 |
TATACONSUM | 1032.5 | 1030 |
TATAELXSI | 6143.35 | 6300 |
TATAMOTORS | 690.2 | 700 |
TATAPOWER | 353.85 | 370 |
TATASTEEL | 136.98 | 136 |
TCS | 3949.95 | 4000 |
TECHM | 1684.55 | 1680 |
TIINDIA | 2713.1 | 2900 |
TITAN | 3256.4 | 3350 |
TORNTPHARM | 3065.5 | 3150 |
TORNTPOWER | 1276.7 | 1300 |
TRENT | 5369.25 | 5400 |
TVSMOTOR | 2504.1 | 2520 |
UBL | 2046.1 | 2060 |
ULTRACEMCO | 11619.65 | 11500 |
UNIONBANK | 114.74 | 115 |
UNITDSPR | 1408.55 | 1420 |
UPL | 631.8 | 610 |
VBL | 524.25 | 530 |
VEDL | 428.8 | 440 |
VOLTAS | 1292.6 | 1340 |
WIPRO | 311.1 | 311.5 |
YESBANK | 18.28 | 19 |
ZOMATO | 218.96 | 220 |
ZYDUSLIFE | 946.4 | 970 |
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.