SILVERM
Silver Mini
Max pain for SILVERM
20 Dec 2024 11:40 PM IST
Max Pain for SILVERM is 90000
Strike 80000 has a total call value of 0 versus a total put value of 26,746,000,000 Combined total value = 26,746,000,000
Strike 80250 has a total call value of 0 versus a total put value of 26,045,000,000 Combined total value = 26,045,000,000
Strike 80500 has a total call value of 0 versus a total put value of 25,344,000,000 Combined total value = 25,344,000,000
Strike 80750 has a total call value of 0 versus a total put value of 24,643,000,000 Combined total value = 24,643,000,000
Strike 81000 has a total call value of 0 versus a total put value of 23,942,000,000 Combined total value = 23,942,000,000
Strike 81250 has a total call value of 250,000 versus a total put value of 23,241,125,000 Combined total value = 23,241,375,000
Strike 81500 has a total call value of 500,000 versus a total put value of 22,540,250,000 Combined total value = 22,540,750,000
Strike 81750 has a total call value of 750,000 versus a total put value of 21,839,375,000 Combined total value = 21,840,125,000
Strike 82000 has a total call value of 1,000,000 versus a total put value of 21,138,500,000 Combined total value = 21,139,500,000
Strike 82250 has a total call value of 1,625,000 versus a total put value of 20,439,000,000 Combined total value = 20,440,625,000
Strike 82500 has a total call value of 2,250,000 versus a total put value of 19,739,500,000 Combined total value = 19,741,750,000
Strike 82750 has a total call value of 2,875,000 versus a total put value of 19,040,000,000 Combined total value = 19,042,875,000
Strike 83000 has a total call value of 3,500,000 versus a total put value of 18,340,500,000 Combined total value = 18,344,000,000
Strike 83250 has a total call value of 4,125,000 versus a total put value of 17,647,000,000 Combined total value = 17,651,125,000
Strike 83500 has a total call value of 4,750,000 versus a total put value of 16,953,500,000 Combined total value = 16,958,250,000
Strike 83750 has a total call value of 5,375,000 versus a total put value of 16,260,000,000 Combined total value = 16,265,375,000
Strike 84000 has a total call value of 6,000,000 versus a total put value of 15,566,500,000 Combined total value = 15,572,500,000
Strike 84250 has a total call value of 6,750,000 versus a total put value of 14,879,000,000 Combined total value = 14,885,750,000
Strike 84500 has a total call value of 7,500,000 versus a total put value of 14,191,500,000 Combined total value = 14,199,000,000
Strike 84750 has a total call value of 8,250,000 versus a total put value of 13,504,000,000 Combined total value = 13,512,250,000
Strike 85000 has a total call value of 9,000,000 versus a total put value of 12,816,500,000 Combined total value = 12,825,500,000
Strike 85250 has a total call value of 22,375,000 versus a total put value of 12,252,000,000 Combined total value = 12,274,375,000
Strike 85500 has a total call value of 35,750,000 versus a total put value of 11,687,500,000 Combined total value = 11,723,250,000
Strike 85750 has a total call value of 49,125,000 versus a total put value of 11,123,000,000 Combined total value = 11,172,125,000
Strike 86000 has a total call value of 62,500,000 versus a total put value of 10,558,500,000 Combined total value = 10,621,000,000
Strike 86250 has a total call value of 85,750,000 versus a total put value of 10,026,625,000 Combined total value = 10,112,375,000
Strike 86500 has a total call value of 109,000,000 versus a total put value of 9,494,750,000 Combined total value = 9,603,750,000
Strike 86750 has a total call value of 132,250,000 versus a total put value of 8,962,875,000 Combined total value = 9,095,125,000
Strike 87000 has a total call value of 155,500,000 versus a total put value of 8,431,250,000 Combined total value = 8,586,750,000
Strike 87250 has a total call value of 222,625,000 versus a total put value of 7,942,750,000 Combined total value = 8,165,375,000
Strike 87500 has a total call value of 290,000,000 versus a total put value of 7,454,250,000 Combined total value = 7,744,250,000
Strike 87750 has a total call value of 358,000,000 versus a total put value of 6,966,750,000 Combined total value = 7,324,750,000
Strike 88000 has a total call value of 426,000,000 versus a total put value of 6,479,250,000 Combined total value = 6,905,250,000
Strike 88250 has a total call value of 600,000,000 versus a total put value of 6,072,875,000 Combined total value = 6,672,875,000
Strike 88500 has a total call value of 774,000,000 versus a total put value of 5,666,500,000 Combined total value = 6,440,500,000
Strike 88750 has a total call value of 950,125,000 versus a total put value of 5,260,125,000 Combined total value = 6,210,250,000
Strike 89000 has a total call value of 1,126,250,000 versus a total put value of 4,853,750,000 Combined total value = 5,980,000,000
Strike 89250 has a total call value of 1,376,875,000 versus a total put value of 4,478,250,000 Combined total value = 5,855,125,000
Strike 89500 has a total call value of 1,627,500,000 versus a total put value of 4,102,750,000 Combined total value = 5,730,250,000
Strike 89750 has a total call value of 1,878,125,000 versus a total put value of 3,727,250,000 Combined total value = 5,605,375,000
Strike 90000 has a total call value of 2,128,750,000 versus a total put value of 3,351,750,000 Combined total value = 5,480,500,000
Strike 90250 has a total call value of 2,597,250,000 versus a total put value of 3,124,375,000 Combined total value = 5,721,625,000
Strike 90500 has a total call value of 3,065,750,000 versus a total put value of 2,897,000,000 Combined total value = 5,962,750,000
Strike 90750 has a total call value of 3,538,375,000 versus a total put value of 2,670,750,000 Combined total value = 6,209,125,000
Strike 91000 has a total call value of 4,011,000,000 versus a total put value of 2,444,500,000 Combined total value = 6,455,500,000
Strike 91250 has a total call value of 4,596,875,000 versus a total put value of 2,251,500,000 Combined total value = 6,848,375,000
Strike 91500 has a total call value of 5,182,750,000 versus a total put value of 2,058,500,000 Combined total value = 7,241,250,000
Strike 91750 has a total call value of 5,770,750,000 versus a total put value of 1,865,500,000 Combined total value = 7,636,250,000
Strike 92000 has a total call value of 6,358,750,000 versus a total put value of 1,672,500,000 Combined total value = 8,031,250,000
Strike 92250 has a total call value of 7,130,500,000 versus a total put value of 1,535,625,000 Combined total value = 8,666,125,000
Strike 92500 has a total call value of 7,902,250,000 versus a total put value of 1,398,750,000 Combined total value = 9,301,000,000
Strike 92750 has a total call value of 8,674,000,000 versus a total put value of 1,261,875,000 Combined total value = 9,935,875,000
Strike 93000 has a total call value of 9,445,750,000 versus a total put value of 1,125,000,000 Combined total value = 10,570,750,000
Strike 93250 has a total call value of 10,365,625,000 versus a total put value of 1,012,500,000 Combined total value = 11,378,125,000
Strike 93500 has a total call value of 11,285,500,000 versus a total put value of 900,000,000 Combined total value = 12,185,500,000
Strike 93750 has a total call value of 12,211,375,000 versus a total put value of 787,500,000 Combined total value = 12,998,875,000
Strike 94000 has a total call value of 13,137,250,000 versus a total put value of 675,000,000 Combined total value = 13,812,250,000
Strike 94250 has a total call value of 14,167,000,000 versus a total put value of 584,750,000 Combined total value = 14,751,750,000
Strike 94500 has a total call value of 15,196,750,000 versus a total put value of 494,500,000 Combined total value = 15,691,250,000
Strike 94750 has a total call value of 16,226,500,000 versus a total put value of 404,250,000 Combined total value = 16,630,750,000
Strike 95000 has a total call value of 17,256,250,000 versus a total put value of 314,000,000 Combined total value = 17,570,250,000
Strike 95250 has a total call value of 18,626,375,000 versus a total put value of 280,875,000 Combined total value = 18,907,250,000
Strike 95500 has a total call value of 19,996,500,000 versus a total put value of 247,750,000 Combined total value = 20,244,250,000
Strike 95750 has a total call value of 21,366,625,000 versus a total put value of 214,625,000 Combined total value = 21,581,250,000
Strike 96000 has a total call value of 22,736,750,000 versus a total put value of 181,500,000 Combined total value = 22,918,250,000
Strike 96250 has a total call value of 24,258,750,000 versus a total put value of 166,375,000 Combined total value = 24,425,125,000
Strike 96500 has a total call value of 25,780,750,000 versus a total put value of 151,250,000 Combined total value = 25,932,000,000
Strike 96750 has a total call value of 27,302,750,000 versus a total put value of 136,125,000 Combined total value = 27,438,875,000
Strike 97000 has a total call value of 28,824,750,000 versus a total put value of 121,000,000 Combined total value = 28,945,750,000
Strike 97250 has a total call value of 30,435,875,000 versus a total put value of 109,000,000 Combined total value = 30,544,875,000
Strike 97500 has a total call value of 32,047,000,000 versus a total put value of 97,000,000 Combined total value = 32,144,000,000
Strike 97750 has a total call value of 33,658,125,000 versus a total put value of 85,000,000 Combined total value = 33,743,125,000
Strike 98000 has a total call value of 35,269,250,000 versus a total put value of 73,000,000 Combined total value = 35,342,250,000
Strike 98250 has a total call value of 36,957,500,000 versus a total put value of 63,875,000 Combined total value = 37,021,375,000
Strike 98500 has a total call value of 38,645,750,000 versus a total put value of 54,750,000 Combined total value = 38,700,500,000
Strike 98750 has a total call value of 40,334,000,000 versus a total put value of 45,625,000 Combined total value = 40,379,625,000
Strike 99000 has a total call value of 42,022,250,000 versus a total put value of 36,500,000 Combined total value = 42,058,750,000
Strike 99250 has a total call value of 43,760,375,000 versus a total put value of 27,375,000 Combined total value = 43,787,750,000
Strike 99500 has a total call value of 45,498,500,000 versus a total put value of 18,250,000 Combined total value = 45,516,750,000
Strike 99750 has a total call value of 47,236,625,000 versus a total put value of 9,125,000 Combined total value = 47,245,750,000
Strike 100000 has a total call value of 48,974,750,000 versus a total put value of 0 Combined total value = 48,974,750,000
Strike 100250 has a total call value of 51,058,625,000 versus a total put value of 0 Combined total value = 51,058,625,000
Strike 100500 has a total call value of 53,142,500,000 versus a total put value of 0 Combined total value = 53,142,500,000
Strike 100750 has a total call value of 55,226,375,000 versus a total put value of 0 Combined total value = 55,226,375,000
Strike 101000 has a total call value of 57,310,250,000 versus a total put value of 0 Combined total value = 57,310,250,000
Strike 101250 has a total call value of 59,423,000,000 versus a total put value of 0 Combined total value = 59,423,000,000
Strike 101500 has a total call value of 61,535,750,000 versus a total put value of 0 Combined total value = 61,535,750,000
Strike 101750 has a total call value of 63,648,500,000 versus a total put value of 0 Combined total value = 63,648,500,000
Strike 102000 has a total call value of 65,761,250,000 versus a total put value of 0 Combined total value = 65,761,250,000
Strike 102250 has a total call value of 67,918,000,000 versus a total put value of 0 Combined total value = 67,918,000,000
Strike 102500 has a total call value of 70,074,750,000 versus a total put value of 0 Combined total value = 70,074,750,000
Strike 102750 has a total call value of 72,231,500,000 versus a total put value of 0 Combined total value = 72,231,500,000
Strike 103000 has a total call value of 74,388,250,000 versus a total put value of 0 Combined total value = 74,388,250,000
Strike 103250 has a total call value of 76,545,000,000 versus a total put value of 0 Combined total value = 76,545,000,000
Strike 103500 has a total call value of 78,701,750,000 versus a total put value of 0 Combined total value = 78,701,750,000
Strike 103750 has a total call value of 80,858,500,000 versus a total put value of 0 Combined total value = 80,858,500,000
Strike 104000 has a total call value of 83,015,250,000 versus a total put value of 0 Combined total value = 83,015,250,000
Strike 104250 has a total call value of 85,172,000,000 versus a total put value of 0 Combined total value = 85,172,000,000
Strike 104500 has a total call value of 87,328,750,000 versus a total put value of 0 Combined total value = 87,328,750,000
Strike 104750 has a total call value of 89,485,500,000 versus a total put value of 0 Combined total value = 89,485,500,000
Strike 105000 has a total call value of 91,642,250,000 versus a total put value of 0 Combined total value = 91,642,250,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 403.85 | 450 |
| ABB | 6921.25 | 7300 |
| ABBOTINDIA | 28655.35 | 28000 |
| ABCAPITAL | 186.21 | 200 |
| ABFRL | 282.2 | 300 |
| ACC | 2063.65 | 2260 |
| ADANIENSOL | 767.55 | 800 |
| ADANIENT | 2344.95 | 2500 |
| ADANIGREEN | 1034.35 | 1120 |
| ADANIPORTS | 1182.45 | 1240 |
| ALKEM | 5427.5 | 5500 |
| AMBUJACEM | 548.8 | 560 |
| ANGELONE | 2881.7 | 3100 |
| APLAPOLLO | 1559 | 1600 |
| APOLLOHOSP | 7251.7 | 7200 |
| APOLLOTYRE | 531.95 | 530 |
| ASHOKLEY | 217.28 | 225 |
| ASIANPAINT | 2282.35 | 2400 |
| ASTRAL | 1734.6 | 1820 |
| ATGL | 674.35 | 720 |
| ATUL | 7023.15 | 7300 |
| AUBANK | 537.6 | 570 |
| AUROPHARMA | 1241.7 | 1240 |
| AXISBANK | 1071.85 | 1120 |
| BAJAJ-AUTO | 8787.25 | 9000 |
| BAJAJFINSV | 1569.65 | 1640 |
| BAJFINANCE | 6848.25 | 7000 |
| BALKRISIND | 2790.05 | 2800 |
| BANDHANBNK | 159.05 | 170 |
| BANKBARODA | 240.59 | 250 |
| BANKINDIA | 103.03 | 110 |
| BATAINDIA | 1342.25 | 1400 |
| BEL | 290.85 | 310 |
| BERGEPAINT | 444.8 | 465 |
| BHARATFORG | 1278.9 | 1340 |
| BHARTIARTL | 1578.1 | 1600 |
| BHEL | 235.3 | 250 |
| BIOCON | 335.95 | 355 |
| BOSCHLTD | 34576.95 | 35000 |
| BPCL | 289.05 | 295 |
| BRITANNIA | 4698.1 | 4800 |
| BSE | 5542.85 | 5300 |
| BSOFT | 577 | 600 |
| CAMS | 4951 | 5100 |
| CANBK | 99.61 | 104 |
| CANFINHOME | 747.7 | 790 |
| CDSL | 1860.75 | 1860 |
| CESC | 182.74 | 190 |
| CGPOWER | 730.05 | 760 |
| CHAMBLFERT | 509.15 | 520 |
| CHOLAFIN | 1189.55 | 1260 |
| CIPLA | 1472.05 | 1480 |
| COALINDIA | 382 | 414.25 |
| COFORGE | 9370.45 | 9200 |
| COLPAL | 2750.85 | 2850 |
| CONCOR | 767.95 | 830 |
| COROMANDEL | 1839.3 | 1800 |
| CROMPTON | 388.25 | 405 |
| CUB | 175.42 | 180 |
| CUMMINSIND | 3312.9 | 3450 |
| CYIENT | 1924.4 | 2000 |
| DABUR | 502.55 | 510 |
| DALBHARAT | 1801.9 | 1880 |
| DEEPAKNTR | 2596.85 | 2700 |
| DELHIVERY | 349.6 | 365 |
| DIVISLAB | 5846.75 | 6000 |
| DIXON | 17944.9 | 18000 |
| DLF | 830.7 | 850 |
| DMART | 3408.3 | 3600 |
| DRREDDY | 1343.65 | 1300 |
| EICHERMOT | 4734.5 | 4800 |
| ESCORTS | 3162.05 | 3350 |
| EXIDEIND | 426.3 | 450 |
| FEDERALBNK | 194.46 | 205 |
| GAIL | 192.42 | 200 |
| GLENMARK | 1541.65 | 1520 |
| GMRAIRPORT | 78.82 | 85 |
| GMRINFRA | 0 | 36 |
| GNFC | 583.8 | 610 |
| GODREJCP | 1069.6 | 1120 |
| GODREJPROP | 2855.95 | 2900 |
| GRANULES | 592.4 | 580 |
| GRASIM | 2488.7 | 2620 |
| GUJGASLTD | 499.8 | 500 |
| HAL | 4190.2 | 4500 |
| HAVELLS | 1657.4 | 1720 |
| HCLTECH | 1911.35 | 1900 |
| HDFCAMC | 4262.8 | 4400 |
| HDFCBANK | 1771.5 | 1800 |
| HDFCLIFE | 623.8 | 640 |
| HEROMOTOCO | 4339.95 | 4600 |
| HFCL | 113.35 | 120 |
| HINDALCO | 622.65 | 650 |
| HINDCOPPER | 271.5 | 290 |
| HINDPETRO | 399.5 | 400 |
| HINDUNILVR | 2333.9 | 2400 |
| HUDCO | 242.11 | 245 |
| ICICIBANK | 1288.4 | 1300 |
| ICICIGI | 1902.15 | 1920 |
| ICICIPRULI | 653.9 | 670 |
| IDEA | 7.4 | 8 |
| IDFCFIRSTB | 61.68 | 65 |
| IEX | 177.45 | 182.5 |
| IGL | 388.3 | 370 |
| INDHOTEL | 854.1 | 850 |
| INDIAMART | 2249.95 | 2350 |
| INDIANB | 537.15 | 580 |
| INDIGO | 4395.6 | 4400 |
| INDUSINDBK | 929.45 | 980 |
| INDUSTOWER | 337.1 | 350 |
| INFY | 1922.15 | 1920 |
| IOC | 137.08 | 142.5 |
| IPCALAB | 1582.5 | 1560 |
| IRB | 55.09 | 57 |
| IRCTC | 784.25 | 830 |
| IRFC | 148.41 | 155 |
| ITC | 464.65 | 470 |
| JINDALSTEL | 908.05 | 940 |
| JIOFIN | 304.3 | 325 |
| JKCEMENT | 4517.8 | 4600 |
| JSL | 719.8 | 730 |
| JSWENERGY | 669.8 | 660 |
| JSWSTEEL | 917.35 | 950 |
| JUBLFOOD | 672.7 | 670 |
| KALYANKJIL | 719.2 | 740 |
| KEI | 4166.25 | 4400 |
| KOTAKBANK | 1743.55 | 1780 |
| KPITTECH | 1451.25 | 1500 |
| LALPATHLAB | 2946.25 | 3050 |
| LAURUSLABS | 559.2 | 570 |
| LICHSGFIN | 582.25 | 620 |
| LICI | 901.7 | 940 |
| LODHA | 1400.7 | 1440 |
| LT | 3629.85 | 3750 |
| LTF | 136.48 | 145 |
| LTIM | 5824.3 | 6150 |
| LTTS | 4828.5 | 5200 |
| LUPIN | 2150.7 | 2100 |
| M&M | 2906.35 | 3000 |
| M&MFIN | 266.05 | 275 |
| MANAPPURAM | 181.03 | 180 |
| MARICO | 627.95 | 630 |
| MARUTI | 10901.05 | 11100 |
| MAXHEALTH | 1165.2 | 1140 |
| MCX | 6397.4 | 6500 |
| METROPOLIS | 2058.05 | 2120 |
| MFSL | 1109.2 | 1140 |
| MGL | 1215.3 | 1260 |
| MOTHERSON | 156.06 | 165 |
| MPHASIS | 2950.6 | 3100 |
| MRF | 128057.9 | 130000 |
| MUTHOOTFIN | 2075.65 | 2060 |
| NATIONALUM | 215.36 | 232.5 |
| NAUKRI | 8494.95 | 8600 |
| NAVINFLUOR | 3305.85 | 3500 |
| NCC | 287.55 | 300 |
| NESTLEIND | 2163.5 | 2220 |
| NHPC | 81.47 | 85 |
| NMDC | 213.15 | 230 |
| NTPC | 333.25 | 350 |
| NYKAA | 167.33 | 170 |
| OBEROIRLTY | 2247.8 | 2200 |
| OFSS | 12247.55 | 12500 |
| OIL | 421.8 | 450 |
| ONGC | 237.1 | 250 |
| PAGEIND | 48856.35 | 48500 |
| PAYTM | 945.25 | 980 |
| PEL | 1093.7 | 1160 |
| PERSISTENT | 6368.7 | 6400 |
| PETRONET | 336.45 | 340 |
| PFC | 453.3 | 480 |
| PIDILITIND | 2976.8 | 3080 |
| PIIND | 3813.75 | 4000 |
| PNB | 100.77 | 105 |
| POLICYBZR | 2092.15 | 2000 |
| POLYCAB | 7178.25 | 7300 |
| POONAWALLA | 318.85 | 340 |
| POWERGRID | 315.8 | 325 |
| PRESTIGE | 1794.5 | 1800 |
| PVRINOX | 1382.1 | 1520 |
| RAMCOCEM | 986.1 | 1010 |
| RBLBANK | 152.79 | 160 |
| RECLTD | 513.25 | 530 |
| RELIANCE | 1205.3 | 1280 |
| SAIL | 116.1 | 125 |
| SBICARD | 687 | 710 |
| SBILIFE | 1400.6 | 1420 |
| SBIN | 812 | 840 |
| SHREECEM | 27063.5 | 27000 |
| SHRIRAMFIN | 2877.25 | 3000 |
| SIEMENS | 6868.9 | 7300 |
| SJVN | 111.54 | 117.5 |
| SONACOMS | 588.45 | 620 |
| SRF | 2277.6 | 2300 |
| SUNPHARMA | 1808.85 | 1800 |
| SUNTV | 696.85 | 730 |
| SUPREMEIND | 4839.8 | 4900 |
| SYNGENE | 844 | 860 |
| TATACHEM | 1028.85 | 1080 |
| TATACOMM | 1710.45 | 1800 |
| TATACONSUM | 889.45 | 930 |
| TATAELXSI | 6921.6 | 7200 |
| TATAMOTORS | 724.05 | 770 |
| TATAPOWER | 401.1 | 420 |
| TATASTEEL | 140.68 | 147.5 |
| TCS | 4170.3 | 4300 |
| TECHM | 1686.05 | 1740 |
| TIINDIA | 3619.1 | 3700 |
| TITAN | 3356.25 | 3400 |
| TORNTPHARM | 3437 | 3400 |
| TRENT | 6831.55 | 6900 |
| TVSMOTOR | 2391.65 | 2500 |
| UBL | 2025.35 | 2000 |
| ULTRACEMCO | 11422.8 | 11500 |
| UNIONBANK | 116.78 | 125 |
| UNITDSPR | 1544.8 | 1540 |
| UPL | 504.5 | 537.2 |
| VBL | 612.55 | 630 |
| VEDL | 477.25 | 490 |
| VOLTAS | 1686.5 | 1740 |
| WIPRO | 305.2 | 302.5 |
| YESBANK | 19.83 | 21 |
| ZOMATO | 282.1 | 285 |
| ZYDUSLIFE | 973.5 | 980 |
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.
