[--[65.84.65.76]--]

SILVERM

Silver Mini
182520 +3583.00 (2.00%)
L: 178959 H: 183439
Max Pain - SILVERM
05 Dec 2025 03:49 PM IST
Live


Strike  120000  has a total call value of 0  versus a total put value of  792,985,750,000 Combined total value = 792,985,750,000

Strike  120250  has a total call value of 0  versus a total put value of  788,274,750,000 Combined total value = 788,274,750,000

Strike  120500  has a total call value of 0  versus a total put value of  783,563,750,000 Combined total value = 783,563,750,000

Strike  120750  has a total call value of 0  versus a total put value of  778,852,750,000 Combined total value = 778,852,750,000

Strike  121000  has a total call value of 0  versus a total put value of  774,141,750,000 Combined total value = 774,141,750,000

Strike  121250  has a total call value of 0  versus a total put value of  769,430,750,000 Combined total value = 769,430,750,000

Strike  121500  has a total call value of 0  versus a total put value of  764,719,750,000 Combined total value = 764,719,750,000

Strike  121750  has a total call value of 0  versus a total put value of  760,008,750,000 Combined total value = 760,008,750,000

Strike  122000  has a total call value of 0  versus a total put value of  755,297,750,000 Combined total value = 755,297,750,000

Strike  122250  has a total call value of 0  versus a total put value of  750,586,750,000 Combined total value = 750,586,750,000

Strike  122500  has a total call value of 0  versus a total put value of  745,875,750,000 Combined total value = 745,875,750,000

Strike  122750  has a total call value of 0  versus a total put value of  741,164,750,000 Combined total value = 741,164,750,000

Strike  123000  has a total call value of 0  versus a total put value of  736,453,750,000 Combined total value = 736,453,750,000

Strike  123250  has a total call value of 0  versus a total put value of  731,742,750,000 Combined total value = 731,742,750,000

Strike  123500  has a total call value of 0  versus a total put value of  727,031,750,000 Combined total value = 727,031,750,000

Strike  123750  has a total call value of 0  versus a total put value of  722,320,750,000 Combined total value = 722,320,750,000

Strike  124000  has a total call value of 0  versus a total put value of  717,609,750,000 Combined total value = 717,609,750,000

Strike  124250  has a total call value of 0  versus a total put value of  712,898,750,000 Combined total value = 712,898,750,000

Strike  124500  has a total call value of 0  versus a total put value of  708,187,750,000 Combined total value = 708,187,750,000

Strike  124750  has a total call value of 0  versus a total put value of  703,476,750,000 Combined total value = 703,476,750,000

Strike  125000  has a total call value of 0  versus a total put value of  698,765,750,000 Combined total value = 698,765,750,000

Strike  125250  has a total call value of 0  versus a total put value of  694,054,750,000 Combined total value = 694,054,750,000

Strike  125500  has a total call value of 0  versus a total put value of  689,343,750,000 Combined total value = 689,343,750,000

Strike  125750  has a total call value of 0  versus a total put value of  684,632,750,000 Combined total value = 684,632,750,000

Strike  126000  has a total call value of 0  versus a total put value of  679,921,750,000 Combined total value = 679,921,750,000

Strike  126250  has a total call value of 0  versus a total put value of  675,210,750,000 Combined total value = 675,210,750,000

Strike  126500  has a total call value of 0  versus a total put value of  670,499,750,000 Combined total value = 670,499,750,000

Strike  126750  has a total call value of 0  versus a total put value of  665,788,750,000 Combined total value = 665,788,750,000

Strike  127000  has a total call value of 0  versus a total put value of  661,077,750,000 Combined total value = 661,077,750,000

Strike  127250  has a total call value of 0  versus a total put value of  656,366,750,000 Combined total value = 656,366,750,000

Strike  127500  has a total call value of 0  versus a total put value of  651,655,750,000 Combined total value = 651,655,750,000

Strike  127750  has a total call value of 0  versus a total put value of  646,944,750,000 Combined total value = 646,944,750,000

Strike  128000  has a total call value of 0  versus a total put value of  642,233,750,000 Combined total value = 642,233,750,000

Strike  128250  has a total call value of 0  versus a total put value of  637,522,750,000 Combined total value = 637,522,750,000

Strike  128500  has a total call value of 0  versus a total put value of  632,811,750,000 Combined total value = 632,811,750,000

Strike  128750  has a total call value of 0  versus a total put value of  628,100,750,000 Combined total value = 628,100,750,000

Strike  129000  has a total call value of 0  versus a total put value of  623,389,750,000 Combined total value = 623,389,750,000

Strike  129250  has a total call value of 0  versus a total put value of  618,678,750,000 Combined total value = 618,678,750,000

Strike  129500  has a total call value of 0  versus a total put value of  613,967,750,000 Combined total value = 613,967,750,000

Strike  129750  has a total call value of 0  versus a total put value of  609,256,750,000 Combined total value = 609,256,750,000

Strike  130000  has a total call value of 0  versus a total put value of  604,545,750,000 Combined total value = 604,545,750,000

Strike  130250  has a total call value of 0  versus a total put value of  599,904,500,000 Combined total value = 599,904,500,000

Strike  130500  has a total call value of 0  versus a total put value of  595,263,250,000 Combined total value = 595,263,250,000

Strike  130750  has a total call value of 0  versus a total put value of  590,622,000,000 Combined total value = 590,622,000,000

Strike  131000  has a total call value of 0  versus a total put value of  585,980,750,000 Combined total value = 585,980,750,000

Strike  131250  has a total call value of 0  versus a total put value of  581,339,500,000 Combined total value = 581,339,500,000

Strike  131500  has a total call value of 0  versus a total put value of  576,698,250,000 Combined total value = 576,698,250,000

Strike  131750  has a total call value of 0  versus a total put value of  572,057,000,000 Combined total value = 572,057,000,000

Strike  132000  has a total call value of 0  versus a total put value of  567,415,750,000 Combined total value = 567,415,750,000

Strike  132250  has a total call value of 0  versus a total put value of  562,774,500,000 Combined total value = 562,774,500,000

Strike  132500  has a total call value of 0  versus a total put value of  558,133,250,000 Combined total value = 558,133,250,000

Strike  132750  has a total call value of 0  versus a total put value of  553,492,000,000 Combined total value = 553,492,000,000

Strike  133000  has a total call value of 0  versus a total put value of  548,850,750,000 Combined total value = 548,850,750,000

Strike  133250  has a total call value of 0  versus a total put value of  544,209,500,000 Combined total value = 544,209,500,000

Strike  133500  has a total call value of 0  versus a total put value of  539,568,250,000 Combined total value = 539,568,250,000

Strike  133750  has a total call value of 0  versus a total put value of  534,927,000,000 Combined total value = 534,927,000,000

Strike  134000  has a total call value of 0  versus a total put value of  530,285,750,000 Combined total value = 530,285,750,000

Strike  134250  has a total call value of 0  versus a total put value of  525,644,500,000 Combined total value = 525,644,500,000

Strike  134500  has a total call value of 0  versus a total put value of  521,003,250,000 Combined total value = 521,003,250,000

Strike  134750  has a total call value of 0  versus a total put value of  516,362,000,000 Combined total value = 516,362,000,000

Strike  135000  has a total call value of 0  versus a total put value of  511,720,750,000 Combined total value = 511,720,750,000

Strike  135250  has a total call value of 0  versus a total put value of  507,147,750,000 Combined total value = 507,147,750,000

Strike  135500  has a total call value of 0  versus a total put value of  502,574,750,000 Combined total value = 502,574,750,000

Strike  135750  has a total call value of 0  versus a total put value of  498,001,750,000 Combined total value = 498,001,750,000

Strike  136000  has a total call value of 0  versus a total put value of  493,428,750,000 Combined total value = 493,428,750,000

Strike  136250  has a total call value of 0  versus a total put value of  488,855,750,000 Combined total value = 488,855,750,000

Strike  136500  has a total call value of 0  versus a total put value of  484,282,750,000 Combined total value = 484,282,750,000

Strike  136750  has a total call value of 0  versus a total put value of  479,709,750,000 Combined total value = 479,709,750,000

Strike  137000  has a total call value of 0  versus a total put value of  475,136,750,000 Combined total value = 475,136,750,000

Strike  137250  has a total call value of 0  versus a total put value of  470,563,750,000 Combined total value = 470,563,750,000

Strike  137500  has a total call value of 0  versus a total put value of  465,990,750,000 Combined total value = 465,990,750,000

Strike  137750  has a total call value of 0  versus a total put value of  461,417,750,000 Combined total value = 461,417,750,000

Strike  138000  has a total call value of 0  versus a total put value of  456,844,750,000 Combined total value = 456,844,750,000

Strike  138250  has a total call value of 0  versus a total put value of  452,271,750,000 Combined total value = 452,271,750,000

Strike  138500  has a total call value of 0  versus a total put value of  447,698,750,000 Combined total value = 447,698,750,000

Strike  138750  has a total call value of 0  versus a total put value of  443,125,750,000 Combined total value = 443,125,750,000

Strike  139000  has a total call value of 0  versus a total put value of  438,552,750,000 Combined total value = 438,552,750,000

Strike  139250  has a total call value of 0  versus a total put value of  433,979,750,000 Combined total value = 433,979,750,000

Strike  139500  has a total call value of 0  versus a total put value of  429,406,750,000 Combined total value = 429,406,750,000

Strike  139750  has a total call value of 0  versus a total put value of  424,833,750,000 Combined total value = 424,833,750,000

Strike  140000  has a total call value of 0  versus a total put value of  420,260,750,000 Combined total value = 420,260,750,000

Strike  140250  has a total call value of 21,000,000  versus a total put value of  415,899,500,000 Combined total value = 415,920,500,000

Strike  140500  has a total call value of 42,000,000  versus a total put value of  411,538,250,000 Combined total value = 411,580,250,000

Strike  140750  has a total call value of 63,000,000  versus a total put value of  407,177,000,000 Combined total value = 407,240,000,000

Strike  141000  has a total call value of 84,000,000  versus a total put value of  402,815,750,000 Combined total value = 402,899,750,000

Strike  141250  has a total call value of 105,000,000  versus a total put value of  398,454,500,000 Combined total value = 398,559,500,000

Strike  141500  has a total call value of 126,000,000  versus a total put value of  394,093,250,000 Combined total value = 394,219,250,000

Strike  141750  has a total call value of 147,000,000  versus a total put value of  389,732,000,000 Combined total value = 389,879,000,000

Strike  142000  has a total call value of 168,000,000  versus a total put value of  385,370,750,000 Combined total value = 385,538,750,000

Strike  142250  has a total call value of 189,000,000  versus a total put value of  381,009,500,000 Combined total value = 381,198,500,000

Strike  142500  has a total call value of 210,000,000  versus a total put value of  376,648,250,000 Combined total value = 376,858,250,000

Strike  142750  has a total call value of 231,000,000  versus a total put value of  372,287,000,000 Combined total value = 372,518,000,000

Strike  143000  has a total call value of 252,000,000  versus a total put value of  367,925,750,000 Combined total value = 368,177,750,000

Strike  143250  has a total call value of 273,000,000  versus a total put value of  363,564,500,000 Combined total value = 363,837,500,000

Strike  143500  has a total call value of 294,000,000  versus a total put value of  359,203,250,000 Combined total value = 359,497,250,000

Strike  143750  has a total call value of 315,000,000  versus a total put value of  354,842,000,000 Combined total value = 355,157,000,000

Strike  144000  has a total call value of 336,000,000  versus a total put value of  350,480,750,000 Combined total value = 350,816,750,000

Strike  144250  has a total call value of 357,000,000  versus a total put value of  346,119,500,000 Combined total value = 346,476,500,000

Strike  144500  has a total call value of 378,000,000  versus a total put value of  341,758,250,000 Combined total value = 342,136,250,000

Strike  144750  has a total call value of 399,000,000  versus a total put value of  337,397,000,000 Combined total value = 337,796,000,000

Strike  145000  has a total call value of 420,000,000  versus a total put value of  333,035,750,000 Combined total value = 333,455,750,000

Strike  145250  has a total call value of 441,000,000  versus a total put value of  328,879,250,000 Combined total value = 329,320,250,000

Strike  145500  has a total call value of 462,000,000  versus a total put value of  324,722,750,000 Combined total value = 325,184,750,000

Strike  145750  has a total call value of 483,000,000  versus a total put value of  320,566,250,000 Combined total value = 321,049,250,000

Strike  146000  has a total call value of 504,000,000  versus a total put value of  316,409,750,000 Combined total value = 316,913,750,000

Strike  146250  has a total call value of 525,000,000  versus a total put value of  312,253,250,000 Combined total value = 312,778,250,000

Strike  146500  has a total call value of 546,000,000  versus a total put value of  308,096,750,000 Combined total value = 308,642,750,000

Strike  146750  has a total call value of 567,000,000  versus a total put value of  303,940,250,000 Combined total value = 304,507,250,000

Strike  147000  has a total call value of 588,000,000  versus a total put value of  299,783,750,000 Combined total value = 300,371,750,000

Strike  147250  has a total call value of 609,000,000  versus a total put value of  295,627,250,000 Combined total value = 296,236,250,000

Strike  147500  has a total call value of 630,000,000  versus a total put value of  291,470,750,000 Combined total value = 292,100,750,000

Strike  147750  has a total call value of 651,000,000  versus a total put value of  287,314,250,000 Combined total value = 287,965,250,000

Strike  148000  has a total call value of 672,000,000  versus a total put value of  283,157,750,000 Combined total value = 283,829,750,000

Strike  148250  has a total call value of 693,000,000  versus a total put value of  279,001,250,000 Combined total value = 279,694,250,000

Strike  148500  has a total call value of 714,000,000  versus a total put value of  274,844,750,000 Combined total value = 275,558,750,000

Strike  148750  has a total call value of 735,000,000  versus a total put value of  270,688,250,000 Combined total value = 271,423,250,000

Strike  149000  has a total call value of 756,000,000  versus a total put value of  266,531,750,000 Combined total value = 267,287,750,000

Strike  149250  has a total call value of 777,000,000  versus a total put value of  262,375,250,000 Combined total value = 263,152,250,000

Strike  149500  has a total call value of 798,000,000  versus a total put value of  258,218,750,000 Combined total value = 259,016,750,000

Strike  149750  has a total call value of 819,000,000  versus a total put value of  254,062,250,000 Combined total value = 254,881,250,000

Strike  150000  has a total call value of 840,000,000  versus a total put value of  249,905,750,000 Combined total value = 250,745,750,000

Strike  150250  has a total call value of 895,625,000  versus a total put value of  246,132,875,000 Combined total value = 247,028,500,000

Strike  150500  has a total call value of 951,250,000  versus a total put value of  242,360,000,000 Combined total value = 243,311,250,000

Strike  150750  has a total call value of 1,006,875,000  versus a total put value of  238,587,125,000 Combined total value = 239,594,000,000

Strike  151000  has a total call value of 1,062,500,000  versus a total put value of  234,814,250,000 Combined total value = 235,876,750,000

Strike  151250  has a total call value of 1,118,125,000  versus a total put value of  231,085,500,000 Combined total value = 232,203,625,000

Strike  151500  has a total call value of 1,173,750,000  versus a total put value of  227,356,750,000 Combined total value = 228,530,500,000

Strike  151750  has a total call value of 1,229,375,000  versus a total put value of  223,628,000,000 Combined total value = 224,857,375,000

Strike  152000  has a total call value of 1,285,000,000  versus a total put value of  219,899,250,000 Combined total value = 221,184,250,000

Strike  152250  has a total call value of 1,340,625,000  versus a total put value of  216,238,250,000 Combined total value = 217,578,875,000

Strike  152500  has a total call value of 1,396,250,000  versus a total put value of  212,577,250,000 Combined total value = 213,973,500,000

Strike  152750  has a total call value of 1,451,875,000  versus a total put value of  208,916,625,000 Combined total value = 210,368,500,000

Strike  153000  has a total call value of 1,507,500,000  versus a total put value of  205,256,000,000 Combined total value = 206,763,500,000

Strike  153250  has a total call value of 1,563,125,000  versus a total put value of  201,664,000,000 Combined total value = 203,227,125,000

Strike  153500  has a total call value of 1,618,750,000  versus a total put value of  198,072,000,000 Combined total value = 199,690,750,000

Strike  153750  has a total call value of 1,674,375,000  versus a total put value of  194,480,000,000 Combined total value = 196,154,375,000

Strike  154000  has a total call value of 1,730,000,000  versus a total put value of  190,888,000,000 Combined total value = 192,618,000,000

Strike  154250  has a total call value of 1,785,625,000  versus a total put value of  187,349,875,000 Combined total value = 189,135,500,000

Strike  154500  has a total call value of 1,841,250,000  versus a total put value of  183,811,750,000 Combined total value = 185,653,000,000

Strike  154750  has a total call value of 1,896,875,000  versus a total put value of  180,273,625,000 Combined total value = 182,170,500,000

Strike  155000  has a total call value of 1,952,500,000  versus a total put value of  176,735,500,000 Combined total value = 178,688,000,000

Strike  155250  has a total call value of 2,269,625,000  versus a total put value of  173,572,000,000 Combined total value = 175,841,625,000

Strike  155500  has a total call value of 2,586,750,000  versus a total put value of  170,408,500,000 Combined total value = 172,995,250,000

Strike  155750  has a total call value of 2,903,875,000  versus a total put value of  167,245,000,000 Combined total value = 170,148,875,000

Strike  156000  has a total call value of 3,221,000,000  versus a total put value of  164,081,500,000 Combined total value = 167,302,500,000

Strike  156250  has a total call value of 3,538,125,000  versus a total put value of  160,997,500,000 Combined total value = 164,535,625,000

Strike  156500  has a total call value of 3,855,250,000  versus a total put value of  157,913,500,000 Combined total value = 161,768,750,000

Strike  156750  has a total call value of 4,172,375,000  versus a total put value of  154,830,875,000 Combined total value = 159,003,250,000

Strike  157000  has a total call value of 4,489,500,000  versus a total put value of  151,748,250,000 Combined total value = 156,237,750,000

Strike  157250  has a total call value of 4,817,625,000  versus a total put value of  148,737,625,000 Combined total value = 153,555,250,000

Strike  157500  has a total call value of 5,145,750,000  versus a total put value of  145,727,000,000 Combined total value = 150,872,750,000

Strike  157750  has a total call value of 5,473,875,000  versus a total put value of  142,716,375,000 Combined total value = 148,190,250,000

Strike  158000  has a total call value of 5,802,000,000  versus a total put value of  139,705,750,000 Combined total value = 145,507,750,000

Strike  158250  has a total call value of 6,143,750,000  versus a total put value of  136,794,875,000 Combined total value = 142,938,625,000

Strike  158500  has a total call value of 6,485,500,000  versus a total put value of  133,884,000,000 Combined total value = 140,369,500,000

Strike  158750  has a total call value of 6,827,250,000  versus a total put value of  130,973,125,000 Combined total value = 137,800,375,000

Strike  159000  has a total call value of 7,169,000,000  versus a total put value of  128,062,250,000 Combined total value = 135,231,250,000

Strike  159250  has a total call value of 7,517,750,000  versus a total put value of  125,208,250,000 Combined total value = 132,726,000,000

Strike  159500  has a total call value of 7,866,500,000  versus a total put value of  122,354,250,000 Combined total value = 130,220,750,000

Strike  159750  has a total call value of 8,215,250,000  versus a total put value of  119,500,250,000 Combined total value = 127,715,500,000

Strike  160000  has a total call value of 8,564,000,000  versus a total put value of  116,646,250,000 Combined total value = 125,210,250,000

Strike  160250  has a total call value of 9,013,750,000  versus a total put value of  114,286,125,000 Combined total value = 123,299,875,000

Strike  160500  has a total call value of 9,463,500,000  versus a total put value of  111,926,000,000 Combined total value = 121,389,500,000

Strike  160750  has a total call value of 9,913,250,000  versus a total put value of  109,565,875,000 Combined total value = 119,479,125,000

Strike  161000  has a total call value of 10,363,000,000  versus a total put value of  107,205,750,000 Combined total value = 117,568,750,000

Strike  161250  has a total call value of 10,819,625,000  versus a total put value of  104,909,500,000 Combined total value = 115,729,125,000

Strike  161500  has a total call value of 11,276,250,000  versus a total put value of  102,613,250,000 Combined total value = 113,889,500,000

Strike  161750  has a total call value of 11,732,875,000  versus a total put value of  100,317,000,000 Combined total value = 112,049,875,000

Strike  162000  has a total call value of 12,189,500,000  versus a total put value of  98,020,750,000 Combined total value = 110,210,250,000

Strike  162250  has a total call value of 12,664,500,000  versus a total put value of  95,796,750,000 Combined total value = 108,461,250,000

Strike  162500  has a total call value of 13,139,500,000  versus a total put value of  93,572,750,000 Combined total value = 106,712,250,000

Strike  162750  has a total call value of 13,614,500,000  versus a total put value of  91,348,750,000 Combined total value = 104,963,250,000

Strike  163000  has a total call value of 14,089,500,000  versus a total put value of  89,124,750,000 Combined total value = 103,214,250,000

Strike  163250  has a total call value of 14,564,500,000  versus a total put value of  86,957,625,000 Combined total value = 101,522,125,000

Strike  163500  has a total call value of 15,039,500,000  versus a total put value of  84,790,500,000 Combined total value = 99,830,000,000

Strike  163750  has a total call value of 15,514,500,000  versus a total put value of  82,623,375,000 Combined total value = 98,137,875,000

Strike  164000  has a total call value of 15,989,500,000  versus a total put value of  80,456,250,000 Combined total value = 96,445,750,000

Strike  164250  has a total call value of 16,484,250,000  versus a total put value of  78,331,750,000 Combined total value = 94,816,000,000

Strike  164500  has a total call value of 16,979,000,000  versus a total put value of  76,207,250,000 Combined total value = 93,186,250,000

Strike  164750  has a total call value of 17,473,750,000  versus a total put value of  74,082,750,000 Combined total value = 91,556,500,000

Strike  165000  has a total call value of 17,968,500,000  versus a total put value of  71,958,250,000 Combined total value = 89,926,750,000

Strike  165250  has a total call value of 18,608,375,000  versus a total put value of  70,170,375,000 Combined total value = 88,778,750,000

Strike  165500  has a total call value of 19,248,250,000  versus a total put value of  68,382,500,000 Combined total value = 87,630,750,000

Strike  165750  has a total call value of 19,888,125,000  versus a total put value of  66,594,625,000 Combined total value = 86,482,750,000

Strike  166000  has a total call value of 20,528,000,000  versus a total put value of  64,806,750,000 Combined total value = 85,334,750,000

Strike  166250  has a total call value of 21,186,875,000  versus a total put value of  63,063,500,000 Combined total value = 84,250,375,000

Strike  166500  has a total call value of 21,845,750,000  versus a total put value of  61,320,250,000 Combined total value = 83,166,000,000

Strike  166750  has a total call value of 22,504,625,000  versus a total put value of  59,577,000,000 Combined total value = 82,081,625,000

Strike  167000  has a total call value of 23,163,500,000  versus a total put value of  57,833,750,000 Combined total value = 80,997,250,000

Strike  167250  has a total call value of 23,822,375,000  versus a total put value of  56,132,250,000 Combined total value = 79,954,625,000

Strike  167500  has a total call value of 24,481,250,000  versus a total put value of  54,430,750,000 Combined total value = 78,912,000,000

Strike  167750  has a total call value of 25,140,125,000  versus a total put value of  52,729,250,000 Combined total value = 77,869,375,000

Strike  168000  has a total call value of 25,799,000,000  versus a total put value of  51,027,750,000 Combined total value = 76,826,750,000

Strike  168250  has a total call value of 26,485,375,000  versus a total put value of  49,388,750,000 Combined total value = 75,874,125,000

Strike  168500  has a total call value of 27,171,750,000  versus a total put value of  47,749,750,000 Combined total value = 74,921,500,000

Strike  168750  has a total call value of 27,858,125,000  versus a total put value of  46,110,750,000 Combined total value = 73,968,875,000

Strike  169000  has a total call value of 28,544,500,000  versus a total put value of  44,471,750,000 Combined total value = 73,016,250,000

Strike  169250  has a total call value of 29,243,750,000  versus a total put value of  42,860,500,000 Combined total value = 72,104,250,000

Strike  169500  has a total call value of 29,943,000,000  versus a total put value of  41,249,250,000 Combined total value = 71,192,250,000

Strike  169750  has a total call value of 30,642,250,000  versus a total put value of  39,638,000,000 Combined total value = 70,280,250,000

Strike  170000  has a total call value of 31,341,500,000  versus a total put value of  38,026,750,000 Combined total value = 69,368,250,000

Strike  170250  has a total call value of 32,251,875,000  versus a total put value of  36,845,375,000 Combined total value = 69,097,250,000

Strike  170500  has a total call value of 33,162,250,000  versus a total put value of  35,664,000,000 Combined total value = 68,826,250,000

Strike  170750  has a total call value of 34,072,625,000  versus a total put value of  34,482,625,000 Combined total value = 68,555,250,000

Strike  171000  has a total call value of 34,983,000,000  versus a total put value of  33,301,250,000 Combined total value = 68,284,250,000

Strike  171250  has a total call value of 35,906,625,000  versus a total put value of  32,156,750,000 Combined total value = 68,063,375,000

Strike  171500  has a total call value of 36,830,250,000  versus a total put value of  31,012,250,000 Combined total value = 67,842,500,000

Strike  171750  has a total call value of 37,753,875,000  versus a total put value of  29,867,750,000 Combined total value = 67,621,625,000

Strike  172000  has a total call value of 38,677,500,000  versus a total put value of  28,723,250,000 Combined total value = 67,400,750,000

Strike  172250  has a total call value of 39,620,750,000  versus a total put value of  27,618,750,000 Combined total value = 67,239,500,000

Strike  172500  has a total call value of 40,564,000,000  versus a total put value of  26,514,250,000 Combined total value = 67,078,250,000

Strike  172750  has a total call value of 41,507,250,000  versus a total put value of  25,409,750,000 Combined total value = 66,917,000,000

Strike  173000  has a total call value of 42,450,500,000  versus a total put value of  24,305,250,000 Combined total value = 66,755,750,000

Strike  173250  has a total call value of 43,402,375,000  versus a total put value of  23,231,250,000 Combined total value = 66,633,625,000

Strike  173500  has a total call value of 44,354,250,000  versus a total put value of  22,157,250,000 Combined total value = 66,511,500,000

Strike  173750  has a total call value of 45,306,125,000  versus a total put value of  21,083,625,000 Combined total value = 66,389,750,000

Strike  174000  has a total call value of 46,258,000,000  versus a total put value of  20,010,000,000 Combined total value = 66,268,000,000

Strike  174250  has a total call value of 47,221,500,000  versus a total put value of  18,970,625,000 Combined total value = 66,192,125,000

Strike  174500  has a total call value of 48,185,000,000  versus a total put value of  17,931,250,000 Combined total value = 66,116,250,000

Strike  174750  has a total call value of 49,148,500,000  versus a total put value of  16,891,875,000 Combined total value = 66,040,375,000

Strike  175000  has a total call value of 50,112,000,000  versus a total put value of  15,852,500,000 Combined total value = 65,964,500,000

Strike  175250  has a total call value of 51,304,750,000  versus a total put value of  15,099,250,000 Combined total value = 66,404,000,000

Strike  175500  has a total call value of 52,497,500,000  versus a total put value of  14,346,000,000 Combined total value = 66,843,500,000

Strike  175750  has a total call value of 53,690,250,000  versus a total put value of  13,592,750,000 Combined total value = 67,283,000,000

Strike  176000  has a total call value of 54,883,000,000  versus a total put value of  12,839,500,000 Combined total value = 67,722,500,000

Strike  176250  has a total call value of 56,089,500,000  versus a total put value of  12,114,250,000 Combined total value = 68,203,750,000

Strike  176500  has a total call value of 57,296,000,000  versus a total put value of  11,389,000,000 Combined total value = 68,685,000,000

Strike  176750  has a total call value of 58,502,500,000  versus a total put value of  10,663,750,000 Combined total value = 69,166,250,000

Strike  177000  has a total call value of 59,709,000,000  versus a total put value of  9,938,500,000 Combined total value = 69,647,500,000

Strike  177250  has a total call value of 60,939,500,000  versus a total put value of  9,304,000,000 Combined total value = 70,243,500,000

Strike  177500  has a total call value of 62,170,000,000  versus a total put value of  8,669,500,000 Combined total value = 70,839,500,000

Strike  177750  has a total call value of 63,400,500,000  versus a total put value of  8,035,000,000 Combined total value = 71,435,500,000

Strike  178000  has a total call value of 64,631,000,000  versus a total put value of  7,400,500,000 Combined total value = 72,031,500,000

Strike  178250  has a total call value of 65,907,375,000  versus a total put value of  6,835,250,000 Combined total value = 72,742,625,000

Strike  178500  has a total call value of 67,183,750,000  versus a total put value of  6,270,000,000 Combined total value = 73,453,750,000

Strike  178750  has a total call value of 68,460,125,000  versus a total put value of  5,704,750,000 Combined total value = 74,164,875,000

Strike  179000  has a total call value of 69,736,500,000  versus a total put value of  5,139,500,000 Combined total value = 74,876,000,000

Strike  179250  has a total call value of 71,227,875,000  versus a total put value of  4,641,750,000 Combined total value = 75,869,625,000

Strike  179500  has a total call value of 72,719,250,000  versus a total put value of  4,144,000,000 Combined total value = 76,863,250,000

Strike  179750  has a total call value of 74,264,000,000  versus a total put value of  3,646,250,000 Combined total value = 77,910,250,000

Strike  180000  has a total call value of 75,808,750,000  versus a total put value of  3,148,500,000 Combined total value = 78,957,250,000

Strike  180250  has a total call value of 77,565,000,000  versus a total put value of  2,893,375,000 Combined total value = 80,458,375,000

Strike  180500  has a total call value of 79,322,375,000  versus a total put value of  2,638,250,000 Combined total value = 81,960,625,000

Strike  180750  has a total call value of 81,080,625,000  versus a total put value of  2,383,750,000 Combined total value = 83,464,375,000

Strike  181000  has a total call value of 82,838,875,000  versus a total put value of  2,129,250,000 Combined total value = 84,968,125,000

Strike  181250  has a total call value of 84,673,125,000  versus a total put value of  1,913,625,000 Combined total value = 86,586,750,000

Strike  181500  has a total call value of 86,508,000,000  versus a total put value of  1,698,000,000 Combined total value = 88,206,000,000

Strike  181750  has a total call value of 88,342,875,000  versus a total put value of  1,482,375,000 Combined total value = 89,825,250,000

Strike  182000  has a total call value of 90,177,750,000  versus a total put value of  1,266,875,000 Combined total value = 91,444,625,000

Strike  182250  has a total call value of 92,124,125,000  versus a total put value of  1,117,000,000 Combined total value = 93,241,125,000

Strike  182500  has a total call value of 94,070,500,000  versus a total put value of  967,125,000 Combined total value = 95,037,625,000

Strike  182750  has a total call value of 96,016,875,000  versus a total put value of  817,375,000 Combined total value = 96,834,250,000

Strike  183000  has a total call value of 97,963,250,000  versus a total put value of  668,500,000 Combined total value = 98,631,750,000

Strike  183250  has a total call value of 100,067,500,000  versus a total put value of  568,250,000 Combined total value = 100,635,750,000

Strike  183500  has a total call value of 102,171,750,000  versus a total put value of  468,000,000 Combined total value = 102,639,750,000

Strike  183750  has a total call value of 104,277,000,000  versus a total put value of  367,750,000 Combined total value = 104,644,750,000

Strike  184000  has a total call value of 106,382,250,000  versus a total put value of  267,500,000 Combined total value = 106,649,750,000

Strike  184250  has a total call value of 108,575,750,000  versus a total put value of  200,625,000 Combined total value = 108,776,375,000

Strike  184500  has a total call value of 110,769,250,000  versus a total put value of  133,750,000 Combined total value = 110,903,000,000

Strike  184750  has a total call value of 112,963,250,000  versus a total put value of  66,875,000 Combined total value = 113,030,125,000

Strike  185000  has a total call value of 115,157,250,000  versus a total put value of  0 Combined total value = 115,157,250,000

Strike  185250  has a total call value of 117,771,875,000  versus a total put value of  0 Combined total value = 117,771,875,000

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.