SOLARINDS
Solar Industries (I) Ltd
Max pain for SOLARINDS
11 Jul 2025 04:13 PM IST
Max Pain for SOLARINDS is 16000
Strike 12000 has a total call value of 0 versus a total put value of 70,854,375,000 Combined total value = 70,854,375,000
Strike 12250 has a total call value of 0 versus a total put value of 66,090,000,000 Combined total value = 66,090,000,000
Strike 12500 has a total call value of 0 versus a total put value of 61,325,625,000 Combined total value = 61,325,625,000
Strike 12750 has a total call value of 0 versus a total put value of 56,561,250,000 Combined total value = 56,561,250,000
Strike 13000 has a total call value of 0 versus a total put value of 51,796,875,000 Combined total value = 51,796,875,000
Strike 13250 has a total call value of 0 versus a total put value of 47,032,500,000 Combined total value = 47,032,500,000
Strike 13500 has a total call value of 0 versus a total put value of 42,268,125,000 Combined total value = 42,268,125,000
Strike 13750 has a total call value of 0 versus a total put value of 37,605,000,000 Combined total value = 37,605,000,000
Strike 14000 has a total call value of 0 versus a total put value of 32,941,875,000 Combined total value = 32,941,875,000
Strike 14250 has a total call value of 3,750,000 versus a total put value of 28,719,375,000 Combined total value = 28,723,125,000
Strike 14500 has a total call value of 7,500,000 versus a total put value of 24,496,875,000 Combined total value = 24,504,375,000
Strike 14750 has a total call value of 15,000,000 versus a total put value of 20,529,375,000 Combined total value = 20,544,375,000
Strike 15000 has a total call value of 22,500,000 versus a total put value of 16,565,625,000 Combined total value = 16,588,125,000
Strike 15250 has a total call value of 181,875,000 versus a total put value of 13,396,875,000 Combined total value = 13,578,750,000
Strike 15500 has a total call value of 341,250,000 versus a total put value of 10,346,250,000 Combined total value = 10,687,500,000
Strike 15750 has a total call value of 744,375,000 versus a total put value of 7,627,500,000 Combined total value = 8,371,875,000
Strike 16000 has a total call value of 1,267,500,000 versus a total put value of 4,963,125,000 Combined total value = 6,230,625,000
Strike 16250 has a total call value of 2,741,250,000 versus a total put value of 3,534,375,000 Combined total value = 6,275,625,000
Strike 16500 has a total call value of 4,430,625,000 versus a total put value of 2,199,375,000 Combined total value = 6,630,000,000
Strike 16750 has a total call value of 6,858,750,000 versus a total put value of 1,361,250,000 Combined total value = 8,220,000,000
Strike 17000 has a total call value of 9,785,625,000 versus a total put value of 676,875,000 Combined total value = 10,462,500,000
Strike 17250 has a total call value of 14,621,250,000 versus a total put value of 369,375,000 Combined total value = 14,990,625,000
Strike 17500 has a total call value of 19,948,125,000 versus a total put value of 61,875,000 Combined total value = 20,010,000,000
Strike 17750 has a total call value of 26,557,500,000 versus a total put value of 0 Combined total value = 26,557,500,000
Strike 18000 has a total call value of 33,834,375,000 versus a total put value of 0 Combined total value = 33,834,375,000
Strike 18250 has a total call value of 42,811,875,000 versus a total put value of 0 Combined total value = 42,811,875,000
Strike 18500 has a total call value of 52,104,375,000 versus a total put value of 0 Combined total value = 52,104,375,000
Strike 18750 has a total call value of 62,416,875,000 versus a total put value of 0 Combined total value = 62,416,875,000
Strike 19000 has a total call value of 72,825,000,000 versus a total put value of 0 Combined total value = 72,825,000,000
Strike 19250 has a total call value of 83,906,250,000 versus a total put value of 0 Combined total value = 83,906,250,000
Strike 19500 has a total call value of 94,987,500,000 versus a total put value of 0 Combined total value = 94,987,500,000
Strike 19750 has a total call value of 106,318,125,000 versus a total put value of 0 Combined total value = 106,318,125,000
Strike 20000 has a total call value of 117,648,750,000 versus a total put value of 0 Combined total value = 117,648,750,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1191 | 1200 |
| AARTIIND | 441 | 460 |
| ABB | 5756.5 | 6000 |
| ABCAPITAL | 269 | 270 |
| ABFRL | 76.65 | 75 |
| ACC | 1982.5 | 1940 |
| ADANIENSOL | 870.7 | 880 |
| ADANIENT | 2558.7 | 2620 |
| ADANIGREEN | 994.5 | 1000 |
| ADANIPORTS | 1431.7 | 1420 |
| ALKEM | 4800 | 4850 |
| AMBER | 7466.5 | 7200 |
| AMBUJACEM | 584.15 | 590 |
| ANGELONE | 2678.9 | 2800 |
| APLAPOLLO | 1703 | 1740 |
| APOLLOHOSP | 7200 | 7350 |
| ASHOKLEY | 246.25 | 250 |
| ASIANPAINT | 2439.2 | 2400 |
| ASTRAL | 1475 | 1500 |
| ATGL | 643.75 | 670 |
| AUBANK | 821 | 815 |
| AUROPHARMA | 1125.7 | 1140 |
| AXISBANK | 1173.8 | 1180 |
| BAJAJ-AUTO | 8067 | 8390 |
| BAJAJFINSV | 2012.6 | 2020 |
| BAJFINANCE | 933.5 | 940 |
| BALKRISIND | 2659.6 | 2560 |
| BANDHANBNK | 175.59 | 180 |
| BANKBARODA | 236.95 | 240 |
| BANKINDIA | 114.24 | 115.95 |
| BDL | 1856.6 | 1900 |
| BEL | 409.3 | 415 |
| BHARATFORG | 1214.8 | 1280 |
| BHARTIARTL | 1925.7 | 1960 |
| BHEL | 257.75 | 260 |
| BIOCON | 373.35 | 365 |
| BLUESTARCO | 1800 | 1780 |
| BOSCHLTD | 36500 | 35000 |
| BPCL | 344.85 | 340 |
| BRITANNIA | 5752 | 5800 |
| BSE | 2371.1 | 2600 |
| BSOFT | 417.7 | 430 |
| CAMS | 4069.8 | 4200 |
| CANBK | 111.92 | 113 |
| CDSL | 1688.7 | 1760 |
| CESC | 174.81 | 172.5 |
| CGPOWER | 666.7 | 670 |
| CHAMBLFERT | 534.4 | 560 |
| CHOLAFIN | 1532.5 | 1560 |
| CIPLA | 1486 | 1500 |
| COALINDIA | 380.95 | 395 |
| COFORGE | 1862.3 | 1880 |
| COLPAL | 2376 | 2440 |
| CONCOR | 615.95 | 608 |
| CROMPTON | 335.65 | 350 |
| CUMMINSIND | 3546.4 | 3400 |
| CYIENT | 1271.3 | 1300 |
| DABUR | 535 | 510 |
| DALBHARAT | 2176.4 | 2180 |
| DELHIVERY | 411.25 | 400 |
| DIVISLAB | 6835 | 6800 |
| DIXON | 15786 | 15250 |
| DLF | 815.1 | 840 |
| DMART | 4069 | 4200 |
| DRREDDY | 1254.7 | 1280 |
| EICHERMOT | 5606.5 | 5700 |
| ETERNAL | 263.35 | 260 |
| EXIDEIND | 380.65 | 390 |
| FEDERALBNK | 207.38 | 210 |
| FORTIS | 761.5 | 780 |
| GAIL | 181.89 | 190 |
| GLENMARK | 2181.1 | 2000 |
| GMRAIRPORT | 90.36 | 90 |
| GODREJCP | 1288.2 | 1260 |
| GODREJPROP | 2206.3 | 2300 |
| GRANULES | 469 | 500 |
| GRASIM | 2769.9 | 2800 |
| HAL | 4866.1 | 4950 |
| HAVELLS | 1528 | 1560 |
| HCLTECH | 1638.3 | 1680 |
| HDFCAMC | 5090 | 5100 |
| HDFCBANK | 1983.7 | 2000 |
| HDFCLIFE | 757.75 | 780 |
| HEROMOTOCO | 4203 | 4250 |
| HFCL | 81.1 | 85 |
| HINDALCO | 670.95 | 680 |
| HINDCOPPER | 262.65 | 265 |
| HINDPETRO | 435.9 | 430 |
| HINDUNILVR | 2519.6 | 2440 |
| HINDZINC | 424.9 | 450 |
| HUDCO | 230.71 | 235 |
| ICICIBANK | 1422 | 1440 |
| ICICIGI | 2012.2 | 2000 |
| ICICIPRULI | 660.7 | 660 |
| IDEA | 7.17 | 7 |
| IDFCFIRSTB | 75.23 | 75 |
| IEX | 206.25 | 200 |
| IGL | 219 | 215 |
| IIFL | 519.75 | 490 |
| INDHOTEL | 734.5 | 750 |
| INDIANB | 631 | 630 |
| INDIGO | 5920 | 5800 |
| INDUSINDBK | 858.3 | 850 |
| INDUSTOWER | 404.4 | 405 |
| INFY | 1594.5 | 1600 |
| INOXWIND | 175.69 | 175 |
| IOC | 150.39 | 150 |
| IRB | 47.5 | 49 |
| IRCTC | 773.3 | 780 |
| IREDA | 160 | 165 |
| IRFC | 135.28 | 140 |
| ITC | 416.65 | 420 |
| JINDALSTEL | 938.4 | 950 |
| JIOFIN | 325.8 | 322.5 |
| JSL | 680.75 | 680 |
| JSWENERGY | 523.7 | 510 |
| JSWSTEEL | 1037.2 | 1030 |
| JUBLFOOD | 678.6 | 700 |
| KALYANKJIL | 582.1 | 570 |
| KAYNES | 5986.5 | 6000 |
| KEI | 3612.3 | 3800 |
| KFINTECH | 1273.1 | 1300 |
| KOTAKBANK | 2216 | 2200 |
| KPITTECH | 1266.5 | 1260 |
| LAURUSLABS | 790.2 | 760 |
| LICHSGFIN | 604.65 | 610 |
| LICI | 922.4 | 940 |
| LODHA | 1400.1 | 1400 |
| LT | 3540.6 | 3600 |
| LTF | 204.3 | 202.5 |
| LTIM | 5180 | 5300 |
| LUPIN | 1894.7 | 1920 |
| M&M | 3073.2 | 3150 |
| M&MFIN | 265.9 | 270 |
| MANAPPURAM | 262.9 | 270 |
| MANKIND | 2578.3 | 2500 |
| MARICO | 725.55 | 720 |
| MARUTI | 12574 | 12600 |
| MAXHEALTH | 1219.2 | 1260 |
| MAZDOCK | 3174.5 | 3300 |
| MCX | 8048 | 8500 |
| MFSL | 1567.2 | 1600 |
| MGL | 1486.2 | 1500 |
| MOTHERSON | 150.75 | 155 |
| MPHASIS | 2838.8 | 2803 |
| MUTHOOTFIN | 2640.6 | 2600 |
| NATIONALUM | 189 | 190 |
| NAUKRI | 1375.2 | 1440 |
| NBCC | 112.9 | 120 |
| NCC | 221.81 | 225 |
| NESTLEIND | 2404 | 2420 |
| NHPC | 88.05 | 86 |
| NMDC | 69.05 | 70 |
| NTPC | 342.7 | 340 |
| NYKAA | 217.22 | 210 |
| OBEROIRLTY | 1832.5 | 1900 |
| OFSS | 8636 | 9000 |
| OIL | 432.3 | 450 |
| ONGC | 241.76 | 242.5 |
| PAGEIND | 47795 | 48000 |
| PATANJALI | 1665.2 | 1660 |
| PAYTM | 951.15 | 920 |
| PEL | 1217.5 | 1180 |
| PERSISTENT | 5578.5 | 5800 |
| PETRONET | 299.55 | 305 |
| PFC | 430 | 420 |
| PGEL | 765.2 | 760 |
| PHOENIXLTD | 1488.9 | 1520 |
| PIDILITIND | 2998.2 | 3040 |
| PIIND | 4050.1 | 4100 |
| PNB | 110.21 | 110 |
| PNBHOUSING | 1076.8 | 1100 |
| POLICYBZR | 1784 | 1840 |
| POLYCAB | 6681 | 6600 |
| POONAWALLA | 452.85 | 455 |
| POWERGRID | 298.95 | 300 |
| PPLPHARMA | 200.98 | 200 |
| PRESTIGE | 1695 | 1680 |
| RBLBANK | 263 | 240 |
| RECLTD | 400.4 | 400 |
| RELIANCE | 1495.2 | 1500 |
| RVNL | 380.95 | 390 |
| SAIL | 133.57 | 135 |
| SBICARD | 912.8 | 930 |
| SBILIFE | 1835 | 1840 |
| SBIN | 808.65 | 810 |
| SHREECEM | 31160 | 31000 |
| SHRIRAMFIN | 667 | 680 |
| SIEMENS | 3110 | 3200 |
| SJVN | 97.83 | 99 |
| SOLARINDS | 15401 | 16000 |
| SONACOMS | 447.15 | 460 |
| SRF | 3167.5 | 3200 |
| SUNPHARMA | 1674.3 | 1680 |
| SUPREMEIND | 4114.2 | 4300 |
| SYNGENE | 626.15 | 640 |
| TATACHEM | 910.4 | 940 |
| TATACOMM | 1711.8 | 1740 |
| TATACONSUM | 1076.8 | 1100 |
| TATAELXSI | 6040 | 6000 |
| TATAMOTORS | 681.8 | 700 |
| TATAPOWER | 396.85 | 405 |
| TATASTEEL | 159.99 | 160 |
| TATATECH | 707.4 | 720 |
| TCS | 3266 | 3360 |
| TECHM | 1598.3 | 1610 |
| TIINDIA | 2869.8 | 2950 |
| TITAGARH | 930.65 | 940 |
| TITAN | 3361 | 3480 |
| TORNTPHARM | 3314.2 | 3350 |
| TORNTPOWER | 1408.1 | 1460 |
| TRENT | 5364 | 5600 |
| TVSMOTOR | 2752 | 2850 |
| ULTRACEMCO | 12495 | 12300 |
| UNIONBANK | 143.74 | 145 |
| UNITDSPR | 1357.6 | 1400 |
| UNOMINDA | 1068 | 1100 |
| UPL | 652.8 | 650 |
| VBL | 452.25 | 460 |
| VEDL | 441.6 | 450 |
| VOLTAS | 1369.5 | 1340 |
| WIPRO | 258.3 | 262.5 |
| YESBANK | 19.66 | 20 |
| ZYDUSLIFE | 979.6 | 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.
