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SENSEX

Sensex
85712.37 +447.05 (0.52%)
L: 85078.12 H: 85796.72
Max Pain - SENSEX
05 Dec 2025 04:11 PM IST Market Closed


Strike  72800  has a total call value of 0  versus a total put value of  265,558,000,000 Combined total value = 265,558,000,000

Strike  72900  has a total call value of 0  versus a total put value of  263,086,400,000 Combined total value = 263,086,400,000

Strike  73000  has a total call value of 0  versus a total put value of  260,614,800,000 Combined total value = 260,614,800,000

Strike  73100  has a total call value of 0  versus a total put value of  258,143,200,000 Combined total value = 258,143,200,000

Strike  73200  has a total call value of 0  versus a total put value of  255,671,600,000 Combined total value = 255,671,600,000

Strike  73300  has a total call value of 0  versus a total put value of  253,200,000,000 Combined total value = 253,200,000,000

Strike  73400  has a total call value of 0  versus a total put value of  250,728,400,000 Combined total value = 250,728,400,000

Strike  73500  has a total call value of 0  versus a total put value of  248,256,800,000 Combined total value = 248,256,800,000

Strike  73600  has a total call value of 0  versus a total put value of  245,805,200,000 Combined total value = 245,805,200,000

Strike  73700  has a total call value of 0  versus a total put value of  243,353,600,000 Combined total value = 243,353,600,000

Strike  73800  has a total call value of 0  versus a total put value of  240,902,000,000 Combined total value = 240,902,000,000

Strike  73900  has a total call value of 0  versus a total put value of  238,450,400,000 Combined total value = 238,450,400,000

Strike  74000  has a total call value of 0  versus a total put value of  235,998,800,000 Combined total value = 235,998,800,000

Strike  74100  has a total call value of 0  versus a total put value of  233,567,200,000 Combined total value = 233,567,200,000

Strike  74200  has a total call value of 0  versus a total put value of  231,135,600,000 Combined total value = 231,135,600,000

Strike  74300  has a total call value of 0  versus a total put value of  228,704,000,000 Combined total value = 228,704,000,000

Strike  74400  has a total call value of 0  versus a total put value of  226,272,400,000 Combined total value = 226,272,400,000

Strike  74500  has a total call value of 0  versus a total put value of  223,840,800,000 Combined total value = 223,840,800,000

Strike  74600  has a total call value of 0  versus a total put value of  221,429,200,000 Combined total value = 221,429,200,000

Strike  74700  has a total call value of 0  versus a total put value of  219,027,600,000 Combined total value = 219,027,600,000

Strike  74800  has a total call value of 0  versus a total put value of  216,636,000,000 Combined total value = 216,636,000,000

Strike  74900  has a total call value of 0  versus a total put value of  214,254,400,000 Combined total value = 214,254,400,000

Strike  75000  has a total call value of 0  versus a total put value of  211,882,800,000 Combined total value = 211,882,800,000

Strike  75100  has a total call value of 0  versus a total put value of  209,523,600,000 Combined total value = 209,523,600,000

Strike  75200  has a total call value of 0  versus a total put value of  207,174,400,000 Combined total value = 207,174,400,000

Strike  75300  has a total call value of 0  versus a total put value of  204,839,800,000 Combined total value = 204,839,800,000

Strike  75400  has a total call value of 0  versus a total put value of  202,511,400,000 Combined total value = 202,511,400,000

Strike  75500  has a total call value of 0  versus a total put value of  200,189,400,000 Combined total value = 200,189,400,000

Strike  75600  has a total call value of 0  versus a total put value of  197,877,400,000 Combined total value = 197,877,400,000

Strike  75700  has a total call value of 0  versus a total put value of  195,572,000,000 Combined total value = 195,572,000,000

Strike  75800  has a total call value of 0  versus a total put value of  193,273,400,000 Combined total value = 193,273,400,000

Strike  75900  has a total call value of 0  versus a total put value of  190,981,600,000 Combined total value = 190,981,600,000

Strike  76000  has a total call value of 0  versus a total put value of  188,699,000,000 Combined total value = 188,699,000,000

Strike  76100  has a total call value of 0  versus a total put value of  186,426,400,000 Combined total value = 186,426,400,000

Strike  76200  has a total call value of 0  versus a total put value of  184,163,800,000 Combined total value = 184,163,800,000

Strike  76300  has a total call value of 0  versus a total put value of  181,911,200,000 Combined total value = 181,911,200,000

Strike  76400  has a total call value of 0  versus a total put value of  179,668,400,000 Combined total value = 179,668,400,000

Strike  76500  has a total call value of 0  versus a total put value of  177,435,600,000 Combined total value = 177,435,600,000

Strike  76600  has a total call value of 0  versus a total put value of  175,212,800,000 Combined total value = 175,212,800,000

Strike  76700  has a total call value of 0  versus a total put value of  173,006,400,000 Combined total value = 173,006,400,000

Strike  76800  has a total call value of 0  versus a total put value of  170,816,000,000 Combined total value = 170,816,000,000

Strike  76900  has a total call value of 0  versus a total put value of  168,641,800,000 Combined total value = 168,641,800,000

Strike  77000  has a total call value of 0  versus a total put value of  166,486,600,000 Combined total value = 166,486,600,000

Strike  77100  has a total call value of 0  versus a total put value of  164,341,400,000 Combined total value = 164,341,400,000

Strike  77200  has a total call value of 0  versus a total put value of  162,196,200,000 Combined total value = 162,196,200,000

Strike  77300  has a total call value of 0  versus a total put value of  160,051,000,000 Combined total value = 160,051,000,000

Strike  77400  has a total call value of 0  versus a total put value of  157,905,800,000 Combined total value = 157,905,800,000

Strike  77500  has a total call value of 0  versus a total put value of  155,760,600,000 Combined total value = 155,760,600,000

Strike  77600  has a total call value of 0  versus a total put value of  153,615,400,000 Combined total value = 153,615,400,000

Strike  77700  has a total call value of 0  versus a total put value of  151,470,200,000 Combined total value = 151,470,200,000

Strike  77800  has a total call value of 0  versus a total put value of  149,325,000,000 Combined total value = 149,325,000,000

Strike  77900  has a total call value of 0  versus a total put value of  147,179,800,000 Combined total value = 147,179,800,000

Strike  78000  has a total call value of 0  versus a total put value of  145,034,600,000 Combined total value = 145,034,600,000

Strike  78100  has a total call value of 0  versus a total put value of  142,889,400,000 Combined total value = 142,889,400,000

Strike  78200  has a total call value of 0  versus a total put value of  140,744,200,000 Combined total value = 140,744,200,000

Strike  78300  has a total call value of 0  versus a total put value of  138,599,000,000 Combined total value = 138,599,000,000

Strike  78400  has a total call value of 0  versus a total put value of  136,453,800,000 Combined total value = 136,453,800,000

Strike  78500  has a total call value of 0  versus a total put value of  134,308,600,000 Combined total value = 134,308,600,000

Strike  78600  has a total call value of 0  versus a total put value of  132,163,400,000 Combined total value = 132,163,400,000

Strike  78700  has a total call value of 0  versus a total put value of  130,018,200,000 Combined total value = 130,018,200,000

Strike  78800  has a total call value of 0  versus a total put value of  127,873,000,000 Combined total value = 127,873,000,000

Strike  78900  has a total call value of 0  versus a total put value of  125,727,800,000 Combined total value = 125,727,800,000

Strike  79000  has a total call value of 0  versus a total put value of  123,582,600,000 Combined total value = 123,582,600,000

Strike  79100  has a total call value of 0  versus a total put value of  121,437,400,000 Combined total value = 121,437,400,000

Strike  79200  has a total call value of 0  versus a total put value of  119,292,200,000 Combined total value = 119,292,200,000

Strike  79300  has a total call value of 0  versus a total put value of  117,147,000,000 Combined total value = 117,147,000,000

Strike  79400  has a total call value of 0  versus a total put value of  115,001,800,000 Combined total value = 115,001,800,000

Strike  79500  has a total call value of 0  versus a total put value of  112,856,600,000 Combined total value = 112,856,600,000

Strike  79600  has a total call value of 0  versus a total put value of  110,711,400,000 Combined total value = 110,711,400,000

Strike  79700  has a total call value of 0  versus a total put value of  108,566,200,000 Combined total value = 108,566,200,000

Strike  79800  has a total call value of 0  versus a total put value of  106,421,000,000 Combined total value = 106,421,000,000

Strike  79900  has a total call value of 0  versus a total put value of  104,275,800,000 Combined total value = 104,275,800,000

Strike  80000  has a total call value of 0  versus a total put value of  102,130,600,000 Combined total value = 102,130,600,000

Strike  80100  has a total call value of 800,000  versus a total put value of  100,047,600,000 Combined total value = 100,048,400,000

Strike  80200  has a total call value of 1,600,000  versus a total put value of  97,964,600,000 Combined total value = 97,966,200,000

Strike  80300  has a total call value of 2,400,000  versus a total put value of  95,881,600,000 Combined total value = 95,884,000,000

Strike  80400  has a total call value of 3,200,000  versus a total put value of  93,798,600,000 Combined total value = 93,801,800,000

Strike  80500  has a total call value of 4,000,000  versus a total put value of  91,715,600,000 Combined total value = 91,719,600,000

Strike  80600  has a total call value of 4,800,000  versus a total put value of  89,639,200,000 Combined total value = 89,644,000,000

Strike  80700  has a total call value of 5,600,000  versus a total put value of  87,562,800,000 Combined total value = 87,568,400,000

Strike  80800  has a total call value of 6,400,000  versus a total put value of  85,486,400,000 Combined total value = 85,492,800,000

Strike  80900  has a total call value of 7,200,000  versus a total put value of  83,410,000,000 Combined total value = 83,417,200,000

Strike  81000  has a total call value of 8,000,000  versus a total put value of  81,333,600,000 Combined total value = 81,341,600,000

Strike  81100  has a total call value of 11,800,000  versus a total put value of  79,298,800,000 Combined total value = 79,310,600,000

Strike  81200  has a total call value of 15,600,000  versus a total put value of  77,264,000,000 Combined total value = 77,279,600,000

Strike  81300  has a total call value of 19,400,000  versus a total put value of  75,229,200,000 Combined total value = 75,248,600,000

Strike  81400  has a total call value of 23,200,000  versus a total put value of  73,194,400,000 Combined total value = 73,217,600,000

Strike  81500  has a total call value of 27,000,000  versus a total put value of  71,159,600,000 Combined total value = 71,186,600,000

Strike  81600  has a total call value of 30,800,000  versus a total put value of  69,138,600,000 Combined total value = 69,169,400,000

Strike  81700  has a total call value of 34,600,000  versus a total put value of  67,119,400,000 Combined total value = 67,154,000,000

Strike  81800  has a total call value of 38,400,000  versus a total put value of  65,101,600,000 Combined total value = 65,140,000,000

Strike  81900  has a total call value of 42,200,000  versus a total put value of  63,088,400,000 Combined total value = 63,130,600,000

Strike  82000  has a total call value of 46,000,000  versus a total put value of  61,076,800,000 Combined total value = 61,122,800,000

Strike  82100  has a total call value of 56,600,000  versus a total put value of  59,121,800,000 Combined total value = 59,178,400,000

Strike  82200  has a total call value of 67,200,000  versus a total put value of  57,172,600,000 Combined total value = 57,239,800,000

Strike  82300  has a total call value of 77,800,000  versus a total put value of  55,230,600,000 Combined total value = 55,308,400,000

Strike  82400  has a total call value of 88,400,000  versus a total put value of  53,294,800,000 Combined total value = 53,383,200,000

Strike  82500  has a total call value of 99,000,000  versus a total put value of  51,366,800,000 Combined total value = 51,465,800,000

Strike  82600  has a total call value of 111,400,000  versus a total put value of  49,460,200,000 Combined total value = 49,571,600,000

Strike  82700  has a total call value of 123,800,000  versus a total put value of  47,560,800,000 Combined total value = 47,684,600,000

Strike  82800  has a total call value of 138,200,000  versus a total put value of  45,662,200,000 Combined total value = 45,800,400,000

Strike  82900  has a total call value of 160,200,000  versus a total put value of  43,766,400,000 Combined total value = 43,926,600,000

Strike  83000  has a total call value of 184,400,000  versus a total put value of  41,872,800,000 Combined total value = 42,057,200,000

Strike  83100  has a total call value of 223,800,000  versus a total put value of  40,092,400,000 Combined total value = 40,316,200,000

Strike  83200  has a total call value of 273,200,000  versus a total put value of  38,316,000,000 Combined total value = 38,589,200,000

Strike  83300  has a total call value of 338,600,000  versus a total put value of  36,545,000,000 Combined total value = 36,883,600,000

Strike  83400  has a total call value of 406,000,000  versus a total put value of  34,787,400,000 Combined total value = 35,193,400,000

Strike  83500  has a total call value of 481,800,000  versus a total put value of  33,033,400,000 Combined total value = 33,515,200,000

Strike  83600  has a total call value of 581,000,000  versus a total put value of  31,330,800,000 Combined total value = 31,911,800,000

Strike  83700  has a total call value of 692,800,000  versus a total put value of  29,641,600,000 Combined total value = 30,334,400,000

Strike  83800  has a total call value of 841,200,000  versus a total put value of  27,964,200,000 Combined total value = 28,805,400,000

Strike  83900  has a total call value of 989,600,000  versus a total put value of  26,295,800,000 Combined total value = 27,285,400,000

Strike  84000  has a total call value of 1,140,800,000  versus a total put value of  24,646,000,000 Combined total value = 25,786,800,000

Strike  84100  has a total call value of 1,359,200,000  versus a total put value of  23,166,200,000 Combined total value = 24,525,400,000

Strike  84200  has a total call value of 1,591,000,000  versus a total put value of  21,695,600,000 Combined total value = 23,286,600,000

Strike  84300  has a total call value of 1,878,200,000  versus a total put value of  20,236,400,000 Combined total value = 22,114,600,000

Strike  84400  has a total call value of 2,252,800,000  versus a total put value of  18,796,200,000 Combined total value = 21,049,000,000

Strike  84500  has a total call value of 2,657,400,000  versus a total put value of  17,384,800,000 Combined total value = 20,042,200,000

Strike  84600  has a total call value of 3,098,200,000  versus a total put value of  16,056,000,000 Combined total value = 19,154,200,000

Strike  84700  has a total call value of 3,568,000,000  versus a total put value of  14,772,800,000 Combined total value = 18,340,800,000

Strike  84800  has a total call value of 4,053,800,000  versus a total put value of  13,526,200,000 Combined total value = 17,580,000,000

Strike  84900  has a total call value of 4,564,800,000  versus a total put value of  12,322,000,000 Combined total value = 16,886,800,000

Strike  85000  has a total call value of 5,100,600,000  versus a total put value of  11,181,400,000 Combined total value = 16,282,000,000

Strike  85100  has a total call value of 5,750,800,000  versus a total put value of  10,244,600,000 Combined total value = 15,995,400,000

Strike  85200  has a total call value of 6,423,200,000  versus a total put value of  9,341,600,000 Combined total value = 15,764,800,000

Strike  85300  has a total call value of 7,118,200,000  versus a total put value of  8,468,800,000 Combined total value = 15,587,000,000

Strike  85400  has a total call value of 7,829,600,000  versus a total put value of  7,626,000,000 Combined total value = 15,455,600,000

Strike  85500  has a total call value of 8,572,000,000  versus a total put value of  6,795,200,000 Combined total value = 15,367,200,000

Strike  85600  has a total call value of 9,480,200,000  versus a total put value of  6,146,000,000 Combined total value = 15,626,200,000

Strike  85700  has a total call value of 10,406,800,000  versus a total put value of  5,517,200,000 Combined total value = 15,924,000,000

Strike  85800  has a total call value of 11,361,400,000  versus a total put value of  4,910,400,000 Combined total value = 16,271,800,000

Strike  85900  has a total call value of 12,351,800,000  versus a total put value of  4,329,800,000 Combined total value = 16,681,600,000

Strike  86000  has a total call value of 13,374,400,000  versus a total put value of  3,766,800,000 Combined total value = 17,141,200,000

Strike  86100  has a total call value of 14,570,800,000  versus a total put value of  3,340,800,000 Combined total value = 17,911,600,000

Strike  86200  has a total call value of 15,791,600,000  versus a total put value of  2,943,400,000 Combined total value = 18,735,000,000

Strike  86300  has a total call value of 17,040,600,000  versus a total put value of  2,577,800,000 Combined total value = 19,618,400,000

Strike  86400  has a total call value of 18,313,400,000  versus a total put value of  2,237,400,000 Combined total value = 20,550,800,000

Strike  86500  has a total call value of 19,605,400,000  versus a total put value of  1,927,200,000 Combined total value = 21,532,600,000

Strike  86600  has a total call value of 20,965,200,000  versus a total put value of  1,708,800,000 Combined total value = 22,674,000,000

Strike  86700  has a total call value of 22,339,400,000  versus a total put value of  1,515,600,000 Combined total value = 23,855,000,000

Strike  86800  has a total call value of 23,734,400,000  versus a total put value of  1,341,600,000 Combined total value = 25,076,000,000

Strike  86900  has a total call value of 25,143,400,000  versus a total put value of  1,186,000,000 Combined total value = 26,329,400,000

Strike  87000  has a total call value of 26,562,400,000  versus a total put value of  1,038,200,000 Combined total value = 27,600,600,000

Strike  87100  has a total call value of 28,121,000,000  versus a total put value of  919,000,000 Combined total value = 29,040,000,000

Strike  87200  has a total call value of 29,706,400,000  versus a total put value of  823,200,000 Combined total value = 30,529,600,000

Strike  87300  has a total call value of 31,329,800,000  versus a total put value of  731,000,000 Combined total value = 32,060,800,000

Strike  87400  has a total call value of 32,971,200,000  versus a total put value of  640,800,000 Combined total value = 33,612,000,000

Strike  87500  has a total call value of 34,632,000,000  versus a total put value of  552,600,000 Combined total value = 35,184,600,000

Strike  87600  has a total call value of 36,375,800,000  versus a total put value of  477,200,000 Combined total value = 36,853,000,000

Strike  87700  has a total call value of 38,134,200,000  versus a total put value of  401,800,000 Combined total value = 38,536,000,000

Strike  87800  has a total call value of 39,910,600,000  versus a total put value of  326,400,000 Combined total value = 40,237,000,000

Strike  87900  has a total call value of 41,709,200,000  versus a total put value of  255,200,000 Combined total value = 41,964,400,000

Strike  88000  has a total call value of 43,538,600,000  versus a total put value of  188,600,000 Combined total value = 43,727,200,000

Strike  88100  has a total call value of 46,090,600,000  versus a total put value of  125,200,000 Combined total value = 46,215,800,000

Strike  88200  has a total call value of 48,676,800,000  versus a total put value of  61,800,000 Combined total value = 48,738,600,000

Strike  88300  has a total call value of 51,284,800,000  versus a total put value of  4,800,000 Combined total value = 51,289,600,000

Strike  88400  has a total call value of 53,902,200,000  versus a total put value of  4,400,000 Combined total value = 53,906,600,000

Strike  88500  has a total call value of 56,525,400,000  versus a total put value of  4,000,000 Combined total value = 56,529,400,000

Strike  88600  has a total call value of 59,204,000,000  versus a total put value of  3,600,000 Combined total value = 59,207,600,000

Strike  88700  has a total call value of 61,896,800,000  versus a total put value of  3,200,000 Combined total value = 61,900,000,000

Strike  88800  has a total call value of 64,592,000,000  versus a total put value of  2,800,000 Combined total value = 64,594,800,000

Strike  88900  has a total call value of 67,289,800,000  versus a total put value of  2,400,000 Combined total value = 67,292,200,000

Strike  89000  has a total call value of 69,994,200,000  versus a total put value of  2,000,000 Combined total value = 69,996,200,000

Strike  89100  has a total call value of 72,796,600,000  versus a total put value of  1,800,000 Combined total value = 72,798,400,000

Strike  89200  has a total call value of 75,602,200,000  versus a total put value of  1,600,000 Combined total value = 75,603,800,000

Strike  89300  has a total call value of 78,410,200,000  versus a total put value of  1,400,000 Combined total value = 78,411,600,000

Strike  89400  has a total call value of 81,222,000,000  versus a total put value of  1,200,000 Combined total value = 81,223,200,000

Strike  89500  has a total call value of 84,036,600,000  versus a total put value of  1,000,000 Combined total value = 84,037,600,000

Strike  89600  has a total call value of 86,852,600,000  versus a total put value of  800,000 Combined total value = 86,853,400,000

Strike  89700  has a total call value of 89,668,600,000  versus a total put value of  600,000 Combined total value = 89,669,200,000

Strike  89800  has a total call value of 92,484,600,000  versus a total put value of  400,000 Combined total value = 92,485,000,000

Strike  89900  has a total call value of 95,300,600,000  versus a total put value of  200,000 Combined total value = 95,300,800,000

Strike  90000  has a total call value of 98,116,600,000  versus a total put value of  0 Combined total value = 98,116,600,000

Strike  90100  has a total call value of 101,007,600,000  versus a total put value of  0 Combined total value = 101,007,600,000

Strike  90200  has a total call value of 103,899,200,000  versus a total put value of  0 Combined total value = 103,899,200,000

Strike  90300  has a total call value of 106,791,000,000  versus a total put value of  0 Combined total value = 106,791,000,000

Strike  90400  has a total call value of 109,682,800,000  versus a total put value of  0 Combined total value = 109,682,800,000

Strike  90500  has a total call value of 112,574,600,000  versus a total put value of  0 Combined total value = 112,574,600,000

Strike  90600  has a total call value of 115,466,400,000  versus a total put value of  0 Combined total value = 115,466,400,000

Strike  90700  has a total call value of 118,361,400,000  versus a total put value of  0 Combined total value = 118,361,400,000

Strike  90800  has a total call value of 121,256,400,000  versus a total put value of  0 Combined total value = 121,256,400,000

Strike  90900  has a total call value of 124,151,400,000  versus a total put value of  0 Combined total value = 124,151,400,000

Strike  91000  has a total call value of 127,046,400,000  versus a total put value of  0 Combined total value = 127,046,400,000

Strike  91100  has a total call value of 129,941,600,000  versus a total put value of  0 Combined total value = 129,941,600,000

Strike  91200  has a total call value of 132,836,800,000  versus a total put value of  0 Combined total value = 132,836,800,000

Strike  91300  has a total call value of 135,732,000,000  versus a total put value of  0 Combined total value = 135,732,000,000

Strike  91400  has a total call value of 138,627,200,000  versus a total put value of  0 Combined total value = 138,627,200,000

Strike  91500  has a total call value of 141,522,400,000  versus a total put value of  0 Combined total value = 141,522,400,000

Strike  91600  has a total call value of 144,417,600,000  versus a total put value of  0 Combined total value = 144,417,600,000

Strike  91700  has a total call value of 147,312,800,000  versus a total put value of  0 Combined total value = 147,312,800,000

Strike  91800  has a total call value of 150,208,000,000  versus a total put value of  0 Combined total value = 150,208,000,000

Strike  91900  has a total call value of 153,103,200,000  versus a total put value of  0 Combined total value = 153,103,200,000

Strike  92000  has a total call value of 155,998,800,000  versus a total put value of  0 Combined total value = 155,998,800,000

Strike  92100  has a total call value of 158,895,600,000  versus a total put value of  0 Combined total value = 158,895,600,000

Strike  92200  has a total call value of 161,792,400,000  versus a total put value of  0 Combined total value = 161,792,400,000

Strike  92300  has a total call value of 164,689,200,000  versus a total put value of  0 Combined total value = 164,689,200,000

Strike  92400  has a total call value of 167,586,000,000  versus a total put value of  0 Combined total value = 167,586,000,000

Strike  92500  has a total call value of 170,482,800,000  versus a total put value of  0 Combined total value = 170,482,800,000

Strike  92600  has a total call value of 173,383,200,000  versus a total put value of  0 Combined total value = 173,383,200,000

Strike  92700  has a total call value of 176,283,600,000  versus a total put value of  0 Combined total value = 176,283,600,000

Strike  92800  has a total call value of 179,184,000,000  versus a total put value of  0 Combined total value = 179,184,000,000

Strike  92900  has a total call value of 182,084,400,000  versus a total put value of  0 Combined total value = 182,084,400,000

Strike  93000  has a total call value of 184,985,400,000  versus a total put value of  0 Combined total value = 184,985,400,000

Strike  93100  has a total call value of 187,886,400,000  versus a total put value of  0 Combined total value = 187,886,400,000

Max-Pain Table for Stocks
  Note:- click on symbol to see more detailed view
Max Pain Table (Stocks)
Symbol Symbol Ltp Max Pain
360ONE 1146.7 1140
ABB 5173.5 5150
ABCAPITAL 358.75 350
ADANIENSOL 978.85 980
ADANIENT 2265.4 2300
ADANIGREEN 1017.7 1020
ADANIPORTS 1509.4 1500
ALKEM 5675.5 5700
AMBER 6562.5 6600
AMBUJACEM 533.8 550
ANGELONE 2641.7 2650
APLAPOLLO 1771 1760
APOLLOHOSP 7189.5 7350
ASHOKLEY 160.86 157
ASIANPAINT 2968.5 2920
ASTRAL 1459.5 1460
AUBANK 960.7 940
AUROPHARMA 1217.6 1220
AXISBANK 1282.5 1280
BAJAJ-AUTO 9109 9100
BAJAJFINSV 2096.5 2080
BAJFINANCE 1048 1030
BANDHANBNK 140.08 150
BANKBARODA 292.6 292.5
BANKINDIA 143.11 145
BDL 1512.5 1520
BEL 406.9 410
BHARATFORG 1406 1400
BHARTIARTL 2108.8 2100
BHEL 277.75 285
BIOCON 392.65 400
BLUESTARCO 1734.4 1760
BOSCHLTD 36920 36500
BPCL 360.3 362.5
BRITANNIA 5961 5900
BSE 2815.9 2800
CAMS 775.7 780
CANBK 148.64 150
CDSL 1550.6 1600
CGPOWER 661.35 680
CHOLAFIN 1730.4 1700
CIPLA 1520.8 1530
COALINDIA 379.95 380
COFORGE 1977.9 1860
COLPAL 2164.4 2200
CONCOR 511.05 520
CROMPTON 260.1 270
CUMMINSIND 4468.9 4500
CYIENT 1169.2 1160
DABUR 510.1 515
DALBHARAT 1989 2000
DELHIVERY 404.6 420
DIVISLAB 6473.5 6450
DIXON 13749 14500
DLF 719.75 730
DMART 3952.1 4000
DRREDDY 1275.2 1270
EICHERMOT 7208 7100
ETERNAL 292.4 305
EXIDEIND 380.15 380
FEDERALBNK 259.2 255
FORTIS 888.55 910
GAIL 169.98 175
GLENMARK 1968.2 1940
GMRAIRPORT 103.51 102
GODREJCP 1136 1140
GODREJPROP 2082.4 2100
GRASIM 2747 2760
HAL 4443 4500
HAVELLS 1436.5 1440
HCLTECH 1683 1640
HDFCAMC 2577.5 2650
HDFCBANK 1003.3 1000
HDFCLIFE 768.3 770
HEROMOTOCO 6350.5 6200
HFCL 69.03 70
HINDALCO 823.25 800
HINDPETRO 450.35 455
HINDUNILVR 2338.6 2360
HINDZINC 498.1 490
HUDCO 225.22 230
ICICIBANK 1392.5 1380
ICICIGI 1974.4 2000
ICICIPRULI 626.05 620
IDEA 10.8 10
IDFCFIRSTB 80.87 80
IEX 145.31 145
IIFL 569.35 560
INDHOTEL 730.9 740
INDIANB 808.95 830
INDIGO 5370.5 5500
INDUSINDBK 870.1 860
INDUSTOWER 415.7 410
INFY 1616.2 1600
INOXWIND 130.24 137.5
IOC 163.66 164
IRCTC 675.2 690
IREDA 133.4 140
IRFC 114.6 118
ITC 404.95 405
JINDALSTEL 1006.8 1030
JIOFIN 303.75 310
JSWENERGY 461.95 490
JSWSTEEL 1162.2 1150
JUBLFOOD 593.2 600
KALYANKJIL 492.5 490
KAYNES 4353.5 4900
KEI 4163.5 4150
KFINTECH 1066.4 1080
KOTAKBANK 2154.9 2120
KPITTECH 1267 1240
LAURUSLABS 1026.1 1000
LICHSGFIN 541.8 555
LICI 869.9 900
LODHA 1111.6 1160
LT 4038.2 4020
LTF 309.6 305
LTIM 6292 6150
LUPIN 2098.8 2080
M&M 3717.1 3700
MANAPPURAM 279.7 280
MANKIND 2205.5 2250
MARICO 736.65 730
MARUTI 16282 16200
MAXHEALTH 1097.4 1120
MAZDOCK 2616.3 2700
MCX 10343 10100
MFSL 1690.2 1700
MOTHERSON 117.05 115
MPHASIS 2953.6 2900
MUTHOOTFIN 3800.1 3700
NATIONALUM 273.15 265
NAUKRI 1388.7 1380
NBCC 112.06 115
NCC 168.16 172.5
NESTLEIND 1246.9 1260
NHPC 77.07 78
NMDC 76.46 76
NTPC 323.3 325
NUVAMA 7172.5 7200
NYKAA 254.8 260
OBEROIRLTY 1657.7 1660
OFSS 8219 8200
OIL 411.95 415
ONGC 241.23 244
PAGEIND 37455 38000
PATANJALI 550.8 550
PAYTM 1344.6 1320
PERSISTENT 6520.5 6400
PETRONET 274.8 280
PFC 352.65 365
PGEL 553.9 570
PHOENIXLTD 1725.1 1740
PIDILITIND 1475.1 1480
PIIND 3396.1 3450
PNB 121.71 123
PNBHOUSING 903.85 900
POLICYBZR 1893.8 1860
POLYCAB 7257 7400
POWERGRID 269.8 275
POWERINDIA 19305 20500
PPLPHARMA 179.85 185
PRESTIGE 1689.7 1680
RBLBANK 305.8 310
RECLTD 353.3 360
RELIANCE 1540.6 1540
RVNL 310.85 315
SAIL 132.54 135
SAMMAANCAP 148.32 155
SBICARD 885.15 880
SBILIFE 2023.7 2020
SBIN 971.5 975
SHREECEM 26075 26500
SHRIRAMFIN 854.9 840
SIEMENS 3325.9 3300
SOLARINDS 12819 13250
SONACOMS 492.85 500
SRF 2885.4 2900
SUNPHARMA 1805.3 1800
SUPREMEIND 3371.1 3450
SUZLON 51.74 55
SYNGENE 639.8 640
TATACONSUM 1162.9 1170
TATAELXSI 5217.5 5300
TATAMOTORS 0 320
TATAPOWER 384.5 390
TATASTEEL 167.11 170
TATATECH 666.45 680
TCS 3238.2 3200
TECHM 1570.8 1520
TIINDIA 2666.7 2850
TITAGARH 789.05 820
TITAN 3813.3 3860
TMPV 353.6 360
TORNTPHARM 3785.9 3750
TORNTPOWER 1289.9 1300
TRENT 4183.1 4300
TVSMOTOR 3665.4 3600
ULTRACEMCO 11597 11700
UNIONBANK 153.3 155
UNITDSPR 1455.6 1450
UNOMINDA 1272.4 1300
UPL 759.1 760
VBL 479.95 470
VEDL 524.5 520
VOLTAS 1327 1360
WIPRO 259.91 255
YESBANK 22.6 23
ZYDUSLIFE 931.45 940

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.