SJVN
Sjvn Ltd
Max pain for SJVN
19 Feb 2025 02:03 PM IST
Max Pain for SJVN is 90
Strike 77.5 has a total call value of 0 versus a total put value of 7,569,450,000 Combined total value = 7,569,450,000
Strike 80 has a total call value of 0 versus a total put value of 6,005,475,000 Combined total value = 6,005,475,000
Strike 82.5 has a total call value of 0 versus a total put value of 4,662,393,750 Combined total value = 4,662,393,750
Strike 85 has a total call value of 0 versus a total put value of 3,411,450,000 Combined total value = 3,411,450,000
Strike 87.5 has a total call value of 174,825,000 versus a total put value of 2,480,625,000 Combined total value = 2,655,450,000
Strike 90 has a total call value of 557,550,000 versus a total put value of 1,757,700,000 Combined total value = 2,315,250,000
Strike 92.5 has a total call value of 1,718,718,750 versus a total put value of 1,214,325,000 Combined total value = 2,933,043,750
Strike 95 has a total call value of 3,222,450,000 versus a total put value of 766,631,250 Combined total value = 3,989,081,250
Strike 97.5 has a total call value of 5,519,981,250 versus a total put value of 515,025,000 Combined total value = 6,035,006,250
Strike 100 has a total call value of 8,102,193,750 versus a total put value of 263,418,750 Combined total value = 8,365,612,500
Strike 102.5 has a total call value of 11,756,981,250 versus a total put value of 205,537,500 Combined total value = 11,962,518,750
Strike 105 has a total call value of 15,600,768,750 versus a total put value of 147,656,250 Combined total value = 15,748,425,000
Strike 107.5 has a total call value of 19,961,943,750 versus a total put value of 89,775,000 Combined total value = 20,051,718,750
Strike 110 has a total call value of 24,323,118,750 versus a total put value of 31,893,750 Combined total value = 24,355,012,500
Strike 112.5 has a total call value of 29,172,150,000 versus a total put value of 15,356,250 Combined total value = 29,187,506,250
Strike 115 has a total call value of 34,021,181,250 versus a total put value of 0 Combined total value = 34,021,181,250
Strike 117.5 has a total call value of 39,039,131,250 versus a total put value of 0 Combined total value = 39,039,131,250
Strike 120 has a total call value of 44,057,081,250 versus a total put value of 0 Combined total value = 44,057,081,250
Strike 122.5 has a total call value of 49,378,612,500 versus a total put value of 0 Combined total value = 49,378,612,500
Strike 125 has a total call value of 54,700,143,750 versus a total put value of 0 Combined total value = 54,700,143,750
Strike 127.5 has a total call value of 60,021,675,000 versus a total put value of 0 Combined total value = 60,021,675,000
Strike 130 has a total call value of 65,343,206,250 versus a total put value of 0 Combined total value = 65,343,206,250
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 416.05 | 430 |
ABB | 5114.55 | 5200 |
ABBOTINDIA | 29500.05 | 28500 |
ABCAPITAL | 155.56 | 167.5 |
ABFRL | 251.65 | 260 |
ACC | 1864.15 | 2000 |
ADANIENSOL | 670.8 | 700 |
ADANIENT | 2188.85 | 2300 |
ADANIGREEN | 871.55 | 900 |
ADANIPORTS | 1084.75 | 1100 |
ALKEM | 4739.35 | 4800 |
AMBUJACEM | 480 | 510 |
ANGELONE | 2288.45 | 2300 |
APLAPOLLO | 1383 | 1420 |
APOLLOHOSP | 6424.55 | 6400 |
APOLLOTYRE | 412.7 | 420 |
ASHOKLEY | 224.48 | 217.5 |
ASIANPAINT | 2239.35 | 2280 |
ASTRAL | 1367.25 | 1400 |
ATGL | 581 | 600 |
ATUL | 5571.05 | 5500 |
AUBANK | 518.9 | 535 |
AUROPHARMA | 1132.4 | 1160 |
AXISBANK | 1008.85 | 1000 |
BAJAJ-AUTO | 8466.45 | 8700 |
BAJAJFINSV | 1879.3 | 1820 |
BAJFINANCE | 8482.45 | 8200 |
BALKRISIND | 2673.1 | 2700 |
BANDHANBNK | 132.34 | 142.5 |
BANKBARODA | 209.24 | 220 |
BANKINDIA | 99.44 | 100 |
BATAINDIA | 1257.25 | 1300 |
BEL | 252.55 | 265 |
BERGEPAINT | 488.15 | 485 |
BHARATFORG | 1074.75 | 1100 |
BHARTIARTL | 1643.45 | 1660 |
BHEL | 194.28 | 200 |
BIOCON | 336.35 | 350 |
BOSCHLTD | 27180.05 | 29000 |
BPCL | 255.1 | 255 |
BRITANNIA | 4840 | 4950 |
BSE | 5585.25 | 5400 |
BSOFT | 467.55 | 500 |
CAMS | 3385.5 | 3500 |
CANBK | 85.37 | 90 |
CANFINHOME | 597.5 | 630 |
CDSL | 1211.5 | 1220 |
CESC | 131.26 | 130 |
CGPOWER | 586.9 | 590 |
CHAMBLFERT | 536.25 | 530 |
CHOLAFIN | 1372.7 | 1340 |
CIPLA | 1465.9 | 1460 |
COALINDIA | 361.95 | 370 |
COFORGE | 7730 | 8000 |
COLPAL | 2464.6 | 2520 |
CONCOR | 695.35 | 730 |
COROMANDEL | 1714.9 | 1760 |
CROMPTON | 329.4 | 345 |
CUB | 158.13 | 165 |
CUMMINSIND | 2689.75 | 2800 |
CYIENT | 1469.75 | 1420 |
DABUR | 505.5 | 520 |
DALBHARAT | 1781.8 | 1800 |
DEEPAKNTR | 1909.3 | 2000 |
DELHIVERY | 275.6 | 285 |
DIVISLAB | 5924.35 | 5950 |
DIXON | 14109.65 | 14500 |
DLF | 690.45 | 700 |
DMART | 3676.95 | 3700 |
DRREDDY | 1166.1 | 1190 |
EICHERMOT | 4793.4 | 4850 |
ESCORTS | 3018.6 | 3150 |
EXIDEIND | 364.1 | 370 |
FEDERALBNK | 180.4 | 185 |
GAIL | 163.13 | 165 |
GLENMARK | 1362.95 | 1380 |
GMRAIRPORT | 69.88 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 542.95 | 550 |
GODREJCP | 1019.75 | 1050 |
GODREJPROP | 2041.2 | 2100 |
GRANULES | 531.35 | 540 |
GRASIM | 2462.2 | 2500 |
GUJGASLTD | 395.3 | 400 |
HAL | 3376.95 | 3550 |
HAVELLS | 1516.9 | 1540 |
HCLTECH | 1710.15 | 1720 |
HDFCAMC | 3770 | 3850 |
HDFCBANK | 1728.85 | 1720 |
HDFCLIFE | 622.5 | 630 |
HEROMOTOCO | 3879.7 | 4050 |
HFCL | 87.87 | 95 |
HINDALCO | 625.2 | 610 |
HINDCOPPER | 218.73 | 225 |
HINDPETRO | 322.2 | 330 |
HINDUNILVR | 2252.9 | 2320 |
HUDCO | 183.05 | 190 |
ICICIBANK | 1256 | 1250 |
ICICIGI | 1725.2 | 1780 |
ICICIPRULI | 573.9 | 590 |
IDEA | 8.27 | 9 |
IDFCFIRSTB | 59.68 | 61 |
IEX | 167.96 | 170 |
IGL | 193.61 | 195 |
INDHOTEL | 739.75 | 750 |
INDIAMART | 2070.25 | 2100 |
INDIANB | 525.05 | 520 |
INDIGO | 4385 | 4350 |
INDUSINDBK | 1034 | 1040 |
INDUSTOWER | 341.1 | 355 |
INFY | 1817.15 | 1860 |
IOC | 119.42 | 125 |
IPCALAB | 1459.95 | 1480 |
IRB | 47.03 | 48 |
IRCTC | 726.1 | 760 |
IRFC | 124.3 | 127.5 |
ITC | 406.85 | 420 |
JINDALSTEL | 858.7 | 840 |
JIOFIN | 227.11 | 230 |
JKCEMENT | 4620.95 | 4650 |
JSL | 597.4 | 610 |
JSWENERGY | 455.3 | 450 |
JSWSTEEL | 974.95 | 960 |
JUBLFOOD | 708.15 | 690 |
KALYANKJIL | 484.3 | 500 |
KEI | 3538.7 | 3500 |
KOTAKBANK | 1979.45 | 1940 |
KPITTECH | 1335.8 | 1400 |
LALPATHLAB | 2621.6 | 2700 |
LAURUSLABS | 543.5 | 580 |
LICHSGFIN | 534.95 | 560 |
LICI | 762 | 800 |
LODHA | 1180.45 | 1200 |
LT | 3293.2 | 3350 |
LTF | 133.72 | 142.5 |
LTIM | 5488 | 5600 |
LTTS | 4849 | 5000 |
LUPIN | 1974.5 | 2020 |
M&M | 2756.9 | 2900 |
M&MFIN | 276.65 | 280 |
MANAPPURAM | 198.84 | 195 |
MARICO | 632.5 | 640 |
MARUTI | 12700 | 12700 |
MAXHEALTH | 1023.15 | 1020 |
MCX | 5600 | 5700 |
METROPOLIS | 1635.45 | 1700 |
MFSL | 1051.3 | 1080 |
MGL | 1283.55 | 1320 |
MOTHERSON | 127.74 | 130 |
MPHASIS | 2610.35 | 2650 |
MRF | 109368.95 | 110000 |
MUTHOOTFIN | 2264.75 | 2240 |
NATIONALUM | 186.64 | 186 |
NAUKRI | 7582.7 | 7700 |
NAVINFLUOR | 4045 | 4100 |
NBCC | 80.68 | 82.5 |
NCC | 189.25 | 200 |
NESTLEIND | 2209.65 | 2240 |
NHPC | 73.62 | 74 |
NMDC | 64.76 | 65 |
NTPC | 314.7 | 315 |
NYKAA | 169.4 | 170 |
OBEROIRLTY | 1607.3 | 1640 |
OFSS | 8798.8 | 9000 |
OIL | 399.25 | 410 |
ONGC | 238.2 | 240 |
PAGEIND | 41461.5 | 42000 |
PAYTM | 740.65 | 760 |
PEL | 927.65 | 960 |
PERSISTENT | 5889.2 | 5800 |
PETRONET | 298.15 | 295 |
PFC | 381.15 | 390 |
PHOENIXLTD | 1573.65 | 1600 |
PIDILITIND | 2757.5 | 2840 |
PIIND | 3188.6 | 3300 |
PNB | 92.67 | 97 |
POLICYBZR | 1496.45 | 1600 |
POLYCAB | 5596.6 | 5700 |
POONAWALLA | 284.95 | 295 |
POWERGRID | 263.65 | 270 |
PRESTIGE | 1240.25 | 1300 |
PVRINOX | 983.65 | 1020 |
RAMCOCEM | 863.3 | 870 |
RBLBANK | 160 | 162.5 |
RECLTD | 393.95 | 410 |
RELIANCE | 1228.95 | 1250 |
SAIL | 106.55 | 107.5 |
SBICARD | 852.45 | 840 |
SBILIFE | 1472.7 | 1460 |
SBIN | 726.15 | 750 |
SHREECEM | 28650 | 28000 |
SHRIRAMFIN | 555.7 | 550 |
SIEMENS | 4957 | 5100 |
SJVN | 89.6 | 90 |
SOLARINDS | 8819 | 9000 |
SONACOMS | 508.65 | 510 |
SRF | 2733.5 | 2800 |
SUNPHARMA | 1684 | 1700 |
SUNTV | 577.25 | 600 |
SUPREMEIND | 3695.45 | 3700 |
SYNGENE | 705.55 | 720 |
TATACHEM | 852.8 | 900 |
TATACOMM | 1498.1 | 1580 |
TATACONSUM | 1027.45 | 1020 |
TATAELXSI | 5983 | 6200 |
TATAMOTORS | 681.65 | 700 |
TATAPOWER | 347.15 | 360 |
TATASTEEL | 136.14 | 136 |
TCS | 3779 | 3900 |
TECHM | 1698.2 | 1680 |
TIINDIA | 2659.25 | 2800 |
TITAN | 3210.15 | 3300 |
TORNTPHARM | 3117.65 | 3100 |
TORNTPOWER | 1242.95 | 1300 |
TRENT | 5030.9 | 5300 |
TVSMOTOR | 2383.5 | 2440 |
UBL | 2028.85 | 2040 |
ULTRACEMCO | 11305.3 | 11400 |
UNIONBANK | 114.1 | 113 |
UNITDSPR | 1329.95 | 1400 |
UPL | 647 | 610 |
VBL | 475.7 | 500 |
VEDL | 423.6 | 430 |
VOLTAS | 1279.65 | 1300 |
WIPRO | 313.25 | 310 |
YESBANK | 17.95 | 19 |
ZOMATO | 233.18 | 225 |
ZYDUSLIFE | 888.45 | 930 |
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.