SJVN
Sjvn Ltd
Max pain for SJVN
04 Apr 2025 04:13 PM IST
Max Pain for SJVN is 92.5
Strike 60 has a total call value of 0 versus a total put value of 15,799,691,250 Combined total value = 15,799,691,250
Strike 62 has a total call value of 0 versus a total put value of 14,787,596,250 Combined total value = 14,787,596,250
Strike 62.5 has a total call value of 0 versus a total put value of 14,534,572,500 Combined total value = 14,534,572,500
Strike 64 has a total call value of 0 versus a total put value of 13,775,501,250 Combined total value = 13,775,501,250
Strike 65 has a total call value of 0 versus a total put value of 13,269,453,750 Combined total value = 13,269,453,750
Strike 66 has a total call value of 0 versus a total put value of 12,763,406,250 Combined total value = 12,763,406,250
Strike 67 has a total call value of 0 versus a total put value of 12,257,358,750 Combined total value = 12,257,358,750
Strike 67.5 has a total call value of 0 versus a total put value of 12,004,335,000 Combined total value = 12,004,335,000
Strike 68 has a total call value of 0 versus a total put value of 11,751,311,250 Combined total value = 11,751,311,250
Strike 69 has a total call value of 0 versus a total put value of 11,245,263,750 Combined total value = 11,245,263,750
Strike 70 has a total call value of 0 versus a total put value of 10,739,216,250 Combined total value = 10,739,216,250
Strike 71 has a total call value of 0 versus a total put value of 10,233,168,750 Combined total value = 10,233,168,750
Strike 72 has a total call value of 0 versus a total put value of 9,727,121,250 Combined total value = 9,727,121,250
Strike 72.5 has a total call value of 0 versus a total put value of 9,474,097,500 Combined total value = 9,474,097,500
Strike 73 has a total call value of 0 versus a total put value of 9,221,073,750 Combined total value = 9,221,073,750
Strike 74 has a total call value of 0 versus a total put value of 8,715,026,250 Combined total value = 8,715,026,250
Strike 75 has a total call value of 0 versus a total put value of 8,208,978,750 Combined total value = 8,208,978,750
Strike 76 has a total call value of 0 versus a total put value of 7,702,931,250 Combined total value = 7,702,931,250
Strike 77 has a total call value of 0 versus a total put value of 7,196,883,750 Combined total value = 7,196,883,750
Strike 77.5 has a total call value of 0 versus a total put value of 6,943,860,000 Combined total value = 6,943,860,000
Strike 78 has a total call value of 0 versus a total put value of 6,690,836,250 Combined total value = 6,690,836,250
Strike 79 has a total call value of 0 versus a total put value of 6,184,788,750 Combined total value = 6,184,788,750
Strike 80 has a total call value of 0 versus a total put value of 5,678,741,250 Combined total value = 5,678,741,250
Strike 81 has a total call value of 1,890,000 versus a total put value of 5,241,206,250 Combined total value = 5,243,096,250
Strike 82 has a total call value of 3,780,000 versus a total put value of 4,803,671,250 Combined total value = 4,807,451,250
Strike 82.5 has a total call value of 5,906,250 versus a total put value of 4,584,903,750 Combined total value = 4,590,810,000
Strike 83 has a total call value of 8,032,500 versus a total put value of 4,375,350,000 Combined total value = 4,383,382,500
Strike 84 has a total call value of 12,285,000 versus a total put value of 3,956,242,500 Combined total value = 3,968,527,500
Strike 85 has a total call value of 16,537,500 versus a total put value of 3,544,222,500 Combined total value = 3,560,760,000
Strike 86 has a total call value of 54,337,500 versus a total put value of 3,215,835,000 Combined total value = 3,270,172,500
Strike 87 has a total call value of 92,137,500 versus a total put value of 2,887,447,500 Combined total value = 2,979,585,000
Strike 87.5 has a total call value of 111,037,500 versus a total put value of 2,723,253,750 Combined total value = 2,834,291,250
Strike 88 has a total call value of 132,772,500 versus a total put value of 2,580,795,000 Combined total value = 2,713,567,500
Strike 89 has a total call value of 176,242,500 versus a total put value of 2,295,877,500 Combined total value = 2,472,120,000
Strike 90 has a total call value of 219,712,500 versus a total put value of 2,010,960,000 Combined total value = 2,230,672,500
Strike 91 has a total call value of 335,002,500 versus a total put value of 1,789,357,500 Combined total value = 2,124,360,000
Strike 92 has a total call value of 462,577,500 versus a total put value of 1,573,897,500 Combined total value = 2,036,475,000
Strike 92.5 has a total call value of 531,562,500 versus a total put value of 1,466,876,250 Combined total value = 1,998,438,750
Strike 93 has a total call value of 631,732,500 versus a total put value of 1,371,195,000 Combined total value = 2,002,927,500
Strike 94 has a total call value of 842,467,500 versus a total put value of 1,182,195,000 Combined total value = 2,024,662,500
Strike 95 has a total call value of 1,087,222,500 versus a total put value of 1,008,315,000 Combined total value = 2,095,537,500
Strike 96 has a total call value of 1,570,117,500 versus a total put value of 906,727,500 Combined total value = 2,476,845,000
Strike 97 has a total call value of 2,093,647,500 versus a total put value of 805,140,000 Combined total value = 2,898,787,500
Strike 97.5 has a total call value of 2,361,082,500 versus a total put value of 754,346,250 Combined total value = 3,115,428,750
Strike 98 has a total call value of 2,648,598,750 versus a total put value of 703,552,500 Combined total value = 3,352,151,250
Strike 99 has a total call value of 3,239,223,750 versus a total put value of 603,382,500 Combined total value = 3,842,606,250
Strike 100 has a total call value of 3,829,848,750 versus a total put value of 503,212,500 Combined total value = 4,333,061,250
Strike 101 has a total call value of 4,657,196,250 versus a total put value of 439,425,000 Combined total value = 5,096,621,250
Strike 102 has a total call value of 5,497,773,750 versus a total put value of 375,637,500 Combined total value = 5,873,411,250
Strike 102.5 has a total call value of 5,922,315,000 versus a total put value of 343,743,750 Combined total value = 6,266,058,750
Strike 103 has a total call value of 6,356,070,000 versus a total put value of 311,850,000 Combined total value = 6,667,920,000
Strike 104 has a total call value of 7,223,580,000 versus a total put value of 248,062,500 Combined total value = 7,471,642,500
Strike 105 has a total call value of 8,091,090,000 versus a total put value of 184,275,000 Combined total value = 8,275,365,000
Strike 106 has a total call value of 9,029,002,500 versus a total put value of 147,420,000 Combined total value = 9,176,422,500
Strike 107 has a total call value of 9,966,915,000 versus a total put value of 110,565,000 Combined total value = 10,077,480,000
Strike 107.5 has a total call value of 10,435,871,250 versus a total put value of 92,137,500 Combined total value = 10,528,008,750
Strike 108 has a total call value of 10,904,827,500 versus a total put value of 73,710,000 Combined total value = 10,978,537,500
Strike 109 has a total call value of 11,842,740,000 versus a total put value of 36,855,000 Combined total value = 11,879,595,000
Strike 110 has a total call value of 12,780,652,500 versus a total put value of 0 Combined total value = 12,780,652,500
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 92.42 | 400 |
| ABB | 92.42 | 5400 |
| ABCAPITAL | 92.42 | 190 |
| ABFRL | 92.42 | 265 |
| ACC | 92.42 | 2000 |
| ADANIENSOL | 92.42 | 860 |
| ADANIENT | 92.42 | 2460 |
| ADANIGREEN | 92.42 | 940 |
| ADANIPORTS | 92.42 | 1200 |
| ALKEM | 92.42 | 4900 |
| AMBUJACEM | 92.42 | 545 |
| ANGELONE | 92.42 | 2300 |
| APLAPOLLO | 92.42 | 1500 |
| APOLLOHOSP | 92.42 | 6650 |
| APOLLOTYRE | 92.42 | 425 |
| ASHOKLEY | 92.42 | 210 |
| ASIANPAINT | 92.42 | 2340 |
| ASTRAL | 92.42 | 1340 |
| ATGL | 92.42 | 600 |
| AUBANK | 92.42 | 550 |
| AUROPHARMA | 92.42 | 1160 |
| AXISBANK | 92.42 | 1090 |
| BAJAJ-AUTO | 92.42 | 7900 |
| BAJAJFINSV | 92.42 | 1920 |
| BAJFINANCE | 92.42 | 8700 |
| BALKRISIND | 92.42 | 2500 |
| BANDHANBNK | 92.42 | 152.5 |
| BANKBARODA | 92.42 | 235 |
| BANKINDIA | 92.42 | 110 |
| BEL | 92.42 | 290 |
| BERGEPAINT | 92.42 | 500 |
| BHARATFORG | 92.42 | 1080 |
| BHARTIARTL | 92.42 | 1740 |
| BHEL | 92.42 | 220 |
| BIOCON | 92.42 | 340 |
| BOSCHLTD | 92.42 | 28000 |
| BPCL | 92.42 | 280 |
| BRITANNIA | 92.42 | 4950 |
| BSE | 92.42 | 5300 |
| BSOFT | 92.42 | 385 |
| CAMS | 92.42 | 3700 |
| CANBK | 92.42 | 92 |
| CDSL | 92.42 | 1200 |
| CESC | 92.42 | 155 |
| CGPOWER | 92.42 | 620 |
| CHAMBLFERT | 92.42 | 620 |
| CHOLAFIN | 92.42 | 1500 |
| CIPLA | 92.42 | 1460 |
| COALINDIA | 92.42 | 400 |
| COFORGE | 92.42 | 7000 |
| COLPAL | 92.42 | 2400 |
| CONCOR | 92.42 | 710 |
| CROMPTON | 92.42 | 340 |
| CUMMINSIND | 92.42 | 3000 |
| CYIENT | 92.42 | 1220 |
| DABUR | 92.42 | 475 |
| DALBHARAT | 92.42 | 1800 |
| DEEPAKNTR | 92.42 | 2000 |
| DELHIVERY | 92.42 | 260 |
| DIVISLAB | 92.42 | 5650 |
| DIXON | 92.42 | 13500 |
| DLF | 92.42 | 680 |
| DMART | 92.42 | 4050 |
| DRREDDY | 92.42 | 1140 |
| EICHERMOT | 92.42 | 5350 |
| ESCORTS | 92.42 | 3250 |
| EXIDEIND | 92.42 | 370 |
| FEDERALBNK | 92.42 | 195 |
| GAIL | 92.42 | 180 |
| GLENMARK | 92.42 | 1500 |
| GMRAIRPORT | 92.42 | 80 |
| GODREJCP | 92.42 | 1150 |
| GODREJPROP | 92.42 | 2100 |
| GOLDM | 92.42 | 88500 |
| GRANULES | 92.42 | 500 |
| GRASIM | 92.42 | 2600 |
| HAL | 92.42 | 4250 |
| HAVELLS | 92.42 | 1500 |
| HCLTECH | 92.42 | 1500 |
| HDFCAMC | 92.42 | 4000 |
| HDFCBANK | 92.42 | 1800 |
| HDFCLIFE | 92.42 | 690 |
| HEROMOTOCO | 92.42 | 3750 |
| HFCL | 92.42 | 80 |
| HINDALCO | 92.42 | 640 |
| HINDCOPPER | 92.42 | 210 |
| HINDPETRO | 92.42 | 360 |
| HINDUNILVR | 92.42 | 2260 |
| HINDZINC | 92.42 | 450 |
| HUDCO | 92.42 | 200 |
| ICICIBANK | 92.42 | 1340 |
| ICICIGI | 92.42 | 1800 |
| ICICIPRULI | 92.42 | 570 |
| IDEA | 92.42 | 8 |
| IDFCFIRSTB | 92.42 | 59 |
| IEX | 92.42 | 180 |
| IGL | 92.42 | 200 |
| IIFL | 92.42 | 340 |
| INDHOTEL | 92.42 | 810 |
| INDIANB | 92.42 | 550 |
| INDIGO | 92.42 | 5000 |
| INDUSINDBK | 92.42 | 700 |
| INDUSTOWER | 92.42 | 355 |
| INFY | 92.42 | 1520 |
| INOXWIND | 92.42 | 160 |
| IOC | 92.42 | 132 |
| IRB | 92.42 | 46 |
| IRCTC | 92.42 | 730 |
| IREDA | 92.42 | 155 |
| IRFC | 92.42 | 125 |
| ITC | 92.42 | 410 |
| JINDALSTEL | 92.42 | 900 |
| JIOFIN | 92.42 | 230 |
| JSL | 92.42 | 600 |
| JSWENERGY | 92.42 | 530 |
| JSWSTEEL | 92.42 | 1020 |
| JUBLFOOD | 92.42 | 680 |
| KALYANKJIL | 92.42 | 490 |
| KEI | 92.42 | 2800 |
| KOTAKBANK | 92.42 | 2120 |
| KPITTECH | 92.42 | 1200 |
| LAURUSLABS | 92.42 | 600 |
| LICHSGFIN | 92.42 | 570 |
| LICI | 92.42 | 800 |
| LODHA | 92.42 | 1200 |
| LT | 92.42 | 3360 |
| LTF | 92.42 | 152.5 |
| LTIM | 92.42 | 4400 |
| LUPIN | 92.42 | 2000 |
| M&M | 92.42 | 2700 |
| M&MFIN | 92.42 | 270 |
| MANAPPURAM | 92.42 | 230 |
| MARICO | 92.42 | 660 |
| MARUTI | 92.42 | 11500 |
| MAXHEALTH | 92.42 | 1120 |
| MCX | 92.42 | 5300 |
| MFSL | 92.42 | 1160 |
| MGL | 92.42 | 1380 |
| MOTHERSON | 92.42 | 130 |
| MPHASIS | 92.42 | 2400 |
| MRF | 92.42 | 113500 |
| MUTHOOTFIN | 92.42 | 2300 |
| NATIONALUM | 92.42 | 175 |
| NAUKRI | 92.42 | 6800 |
| NBCC | 92.42 | 82.5 |
| NCC | 92.42 | 210 |
| NESTLEIND | 92.42 | 2240 |
| NHPC | 92.42 | 84 |
| NMDC | 92.42 | 69 |
| NTPC | 92.42 | 360 |
| NYKAA | 92.42 | 175 |
| OBEROIRLTY | 92.42 | 1600 |
| OFSS | 92.42 | 7750 |
| OIL | 92.42 | 380 |
| ONGC | 92.42 | 237.5 |
| PAGEIND | 92.42 | 42500 |
| PATANJALI | 92.42 | 1840 |
| PAYTM | 92.42 | 800 |
| PEL | 92.42 | 1000 |
| PERSISTENT | 92.42 | 4800 |
| PETRONET | 92.42 | 295 |
| PFC | 92.42 | 420 |
| PHOENIXLTD | 92.42 | 1600 |
| PIDILITIND | 92.42 | 2860 |
| PIIND | 92.42 | 3450 |
| PNB | 92.42 | 98 |
| PNBHOUSING | 92.42 | 900 |
| POLICYBZR | 92.42 | 1580 |
| POLYCAB | 92.42 | 5100 |
| POONAWALLA | 92.42 | 340 |
| POWERGRID | 92.42 | 295 |
| PRESTIGE | 92.42 | 1160 |
| RAMCOCEM | 92.42 | 920 |
| RBLBANK | 92.42 | 175 |
| RECLTD | 92.42 | 430 |
| RELIANCE | 92.42 | 1250 |
| SAIL | 92.42 | 117.5 |
| SBICARD | 92.42 | 860 |
| SBILIFE | 92.42 | 1540 |
| SBIN | 92.42 | 780 |
| SHREECEM | 92.42 | 30500 |
| SHRIRAMFIN | 92.42 | 650 |
| SIEMENS | 92.42 | 5200 |
| SILVER | 92.42 | 94000 |
| SJVN | 92.42 | 92.5 |
| SOLARINDS | 92.42 | 11000 |
| SONACOMS | 92.42 | 450 |
| SRF | 92.42 | 2900 |
| SUNPHARMA | 92.42 | 1740 |
| SUPREMEIND | 92.42 | 3450 |
| SYNGENE | 92.42 | 730 |
| TATACHEM | 92.42 | 860 |
| TATACOMM | 92.42 | 1600 |
| TATACONSUM | 92.42 | 1060 |
| TATAELXSI | 92.42 | 5100 |
| TATAMOTORS | 92.42 | 660 |
| TATAPOWER | 92.42 | 390 |
| TATASTEEL | 92.42 | 150 |
| TATATECH | 92.42 | 660 |
| TCS | 92.42 | 3460 |
| TECHM | 92.42 | 1400 |
| TIINDIA | 92.42 | 2750 |
| TITAGARH | 92.42 | 800 |
| TITAN | 92.42 | 3100 |
| TORNTPHARM | 92.42 | 3200 |
| TORNTPOWER | 92.42 | 1520 |
| TRENT | 92.42 | 5600 |
| TVSMOTOR | 92.42 | 2460 |
| ULTRACEMCO | 92.42 | 11400 |
| UNIONBANK | 92.42 | 125 |
| UNITDSPR | 92.42 | 1400 |
| UPL | 92.42 | 650 |
| VBL | 92.42 | 530 |
| VEDL | 92.42 | 440 |
| VOLTAS | 92.42 | 1360 |
| WIPRO | 92.42 | 260 |
| YESBANK | 92.42 | 17 |
| ZOMATO | 92.42 | 210 |
| ZYDUSLIFE | 92.42 | 900 |
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.
