SOLARINDS
Solar Industries (I) Ltd
Max pain for SOLARINDS
04 Apr 2025 04:14 PM IST
Max Pain for SOLARINDS is 11000
Strike 9000 has a total call value of 0 versus a total put value of 15,128,250,000 Combined total value = 15,128,250,000
Strike 9100 has a total call value of 0 versus a total put value of 14,196,750,000 Combined total value = 14,196,750,000
Strike 9200 has a total call value of 0 versus a total put value of 13,265,250,000 Combined total value = 13,265,250,000
Strike 9250 has a total call value of 0 versus a total put value of 12,808,500,000 Combined total value = 12,808,500,000
Strike 9300 has a total call value of 0 versus a total put value of 12,351,750,000 Combined total value = 12,351,750,000
Strike 9400 has a total call value of 0 versus a total put value of 11,438,250,000 Combined total value = 11,438,250,000
Strike 9500 has a total call value of 0 versus a total put value of 10,524,750,000 Combined total value = 10,524,750,000
Strike 9600 has a total call value of 0 versus a total put value of 9,611,250,000 Combined total value = 9,611,250,000
Strike 9700 has a total call value of 0 versus a total put value of 8,697,750,000 Combined total value = 8,697,750,000
Strike 9750 has a total call value of 0 versus a total put value of 8,241,000,000 Combined total value = 8,241,000,000
Strike 9800 has a total call value of 0 versus a total put value of 7,784,250,000 Combined total value = 7,784,250,000
Strike 9900 has a total call value of 0 versus a total put value of 6,888,750,000 Combined total value = 6,888,750,000
Strike 10000 has a total call value of 0 versus a total put value of 5,993,250,000 Combined total value = 5,993,250,000
Strike 10100 has a total call value of 8,250,000 versus a total put value of 5,304,750,000 Combined total value = 5,313,000,000
Strike 10200 has a total call value of 16,500,000 versus a total put value of 4,626,750,000 Combined total value = 4,643,250,000
Strike 10250 has a total call value of 26,625,000 versus a total put value of 4,299,000,000 Combined total value = 4,325,625,000
Strike 10300 has a total call value of 36,750,000 versus a total put value of 3,971,250,000 Combined total value = 4,008,000,000
Strike 10400 has a total call value of 57,000,000 versus a total put value of 3,346,500,000 Combined total value = 3,403,500,000
Strike 10500 has a total call value of 77,250,000 versus a total put value of 2,721,750,000 Combined total value = 2,799,000,000
Strike 10600 has a total call value of 108,000,000 versus a total put value of 2,193,750,000 Combined total value = 2,301,750,000
Strike 10700 has a total call value of 147,000,000 versus a total put value of 1,704,000,000 Combined total value = 1,851,000,000
Strike 10750 has a total call value of 172,875,000 versus a total put value of 1,477,125,000 Combined total value = 1,650,000,000
Strike 10800 has a total call value of 199,125,000 versus a total put value of 1,250,250,000 Combined total value = 1,449,375,000
Strike 10900 has a total call value of 254,625,000 versus a total put value of 837,000,000 Combined total value = 1,091,625,000
Strike 11000 has a total call value of 319,125,000 versus a total put value of 423,750,000 Combined total value = 742,875,000
Strike 11100 has a total call value of 505,125,000 versus a total put value of 270,000,000 Combined total value = 775,125,000
Strike 11200 has a total call value of 760,875,000 versus a total put value of 156,000,000 Combined total value = 916,875,000
Strike 11250 has a total call value of 900,000,000 versus a total put value of 114,375,000 Combined total value = 1,014,375,000
Strike 11300 has a total call value of 1,047,375,000 versus a total put value of 92,250,000 Combined total value = 1,139,625,000
Strike 11400 has a total call value of 1,342,125,000 versus a total put value of 48,000,000 Combined total value = 1,390,125,000
Strike 11500 has a total call value of 1,636,875,000 versus a total put value of 3,750,000 Combined total value = 1,640,625,000
Strike 11600 has a total call value of 2,170,875,000 versus a total put value of 2,250,000 Combined total value = 2,173,125,000
Strike 11700 has a total call value of 2,722,875,000 versus a total put value of 750,000 Combined total value = 2,723,625,000
Strike 11750 has a total call value of 2,998,875,000 versus a total put value of 0 Combined total value = 2,998,875,000
Strike 11800 has a total call value of 3,275,250,000 versus a total put value of 0 Combined total value = 3,275,250,000
Strike 11900 has a total call value of 3,845,250,000 versus a total put value of 0 Combined total value = 3,845,250,000
Strike 12000 has a total call value of 4,415,250,000 versus a total put value of 0 Combined total value = 4,415,250,000
Strike 12100 has a total call value of 5,244,000,000 versus a total put value of 0 Combined total value = 5,244,000,000
Strike 12200 has a total call value of 6,072,750,000 versus a total put value of 0 Combined total value = 6,072,750,000
Strike 12250 has a total call value of 6,535,500,000 versus a total put value of 0 Combined total value = 6,535,500,000
Strike 12300 has a total call value of 6,998,250,000 versus a total put value of 0 Combined total value = 6,998,250,000
Strike 12400 has a total call value of 7,923,750,000 versus a total put value of 0 Combined total value = 7,923,750,000
Strike 12500 has a total call value of 8,849,250,000 versus a total put value of 0 Combined total value = 8,849,250,000
Strike 12600 has a total call value of 9,856,500,000 versus a total put value of 0 Combined total value = 9,856,500,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 374.05 | 400 |
ABB | 5095.9 | 5400 |
ABCAPITAL | 188.26 | 190 |
ABFRL | 258.3 | 265 |
ACC | 1966.3 | 2000 |
ADANIENSOL | 859.4 | 860 |
ADANIENT | 2334.65 | 2460 |
ADANIGREEN | 923.8 | 940 |
ADANIPORTS | 1148.35 | 1200 |
ALKEM | 4828.7 | 4900 |
AMBUJACEM | 528.2 | 545 |
ANGELONE | 2285.4 | 2300 |
APLAPOLLO | 1519.15 | 1500 |
APOLLOHOSP | 6714.55 | 6650 |
APOLLOTYRE | 407.95 | 425 |
ASHOKLEY | 205.14 | 210 |
ASIANPAINT | 2356.05 | 2340 |
ASTRAL | 1336.85 | 1340 |
ATGL | 591.3 | 600 |
AUBANK | 552.1 | 550 |
AUROPHARMA | 1105.35 | 1160 |
AXISBANK | 1091.3 | 1090 |
BAJAJ-AUTO | 7685.1 | 7900 |
BAJAJFINSV | 1912.3 | 1920 |
BAJFINANCE | 8718.85 | 8700 |
BALKRISIND | 2388.05 | 2500 |
BANDHANBNK | 153.05 | 152.5 |
BANKBARODA | 234.32 | 235 |
BANKINDIA | 111.49 | 110 |
BEL | 280 | 290 |
BERGEPAINT | 512.05 | 500 |
BHARATFORG | 1026.05 | 1080 |
BHARTIARTL | 1743.45 | 1740 |
BHEL | 214.45 | 220 |
BIOCON | 327.8 | 340 |
BOSCHLTD | 27289.1 | 28000 |
BPCL | 279.45 | 280 |
BRITANNIA | 5023.4 | 4950 |
BSE | 5517.45 | 5300 |
BSOFT | 366.5 | 385 |
CAMS | 3683.3 | 3700 |
CANBK | 90.39 | 92 |
CDSL | 1199.85 | 1200 |
CESC | 151.83 | 155 |
CGPOWER | 575.2 | 620 |
CHAMBLFERT | 624.6 | 620 |
CHOLAFIN | 1453.3 | 1500 |
CIPLA | 1415.25 | 1460 |
COALINDIA | 385.05 | 400 |
COFORGE | 6607.9 | 7000 |
COLPAL | 2423.35 | 2400 |
CONCOR | 687.5 | 710 |
CROMPTON | 329.3 | 340 |
CUMMINSIND | 2844.95 | 3000 |
CYIENT | 1158.75 | 1220 |
DABUR | 461.75 | 475 |
DALBHARAT | 1845.45 | 1800 |
DEEPAKNTR | 1928.95 | 2000 |
DELHIVERY | 258.8 | 260 |
DIVISLAB | 5482.85 | 5650 |
DIXON | 13137.55 | 13500 |
DLF | 653.95 | 680 |
DMART | 4039.9 | 4050 |
DRREDDY | 1109.95 | 1140 |
EICHERMOT | 5247.9 | 5350 |
ESCORTS | 3161.15 | 3250 |
EXIDEIND | 364.4 | 370 |
FEDERALBNK | 195 | 195 |
GAIL | 176.61 | 180 |
GLENMARK | 1499.85 | 1500 |
GMRAIRPORT | 80.74 | 80 |
GODREJCP | 1156.6 | 1150 |
GODREJPROP | 2067.95 | 2100 |
GOLDM | 88250 | 88500 |
GRANULES | 456.75 | 500 |
GRASIM | 2616.9 | 2600 |
HAL | 4239.1 | 4250 |
HAVELLS | 1469.25 | 1500 |
HCLTECH | 1422.1 | 1500 |
HDFCAMC | 3906.3 | 4000 |
HDFCBANK | 1817.3 | 1800 |
HDFCLIFE | 689.05 | 690 |
HEROMOTOCO | 3659.2 | 3750 |
HFCL | 79.16 | 80 |
HINDALCO | 599.95 | 640 |
HINDCOPPER | 204.25 | 210 |
HINDPETRO | 358.35 | 360 |
HINDUNILVR | 2244.55 | 2260 |
HINDZINC | 426.95 | 450 |
HUDCO | 203.47 | 200 |
ICICIBANK | 1335.3 | 1340 |
ICICIGI | 1829.55 | 1800 |
ICICIPRULI | 556.8 | 570 |
IDEA | 7.91 | 8 |
IDFCFIRSTB | 57.81 | 59 |
IEX | 178.52 | 180 |
IGL | 198.06 | 200 |
IIFL | 340.25 | 340 |
INDHOTEL | 799.35 | 810 |
INDIANB | 546.05 | 550 |
INDIGO | 5098.9 | 5000 |
INDUSINDBK | 682 | 700 |
INDUSTOWER | 360.5 | 355 |
INFY | 1451.65 | 1520 |
INOXWIND | 153.85 | 160 |
IOC | 130.14 | 132 |
IRB | 45.52 | 46 |
IRCTC | 714.1 | 730 |
IREDA | 156.45 | 155 |
IRFC | 124.84 | 125 |
ITC | 409.7 | 410 |
JINDALSTEL | 850.1 | 900 |
JIOFIN | 222.32 | 230 |
JSL | 551.7 | 600 |
JSWENERGY | 506.4 | 530 |
JSWSTEEL | 1005.75 | 1020 |
JUBLFOOD | 679.6 | 680 |
KALYANKJIL | 487.15 | 490 |
KEI | 2645.1 | 2800 |
KOTAKBANK | 2131.95 | 2120 |
KPITTECH | 1134 | 1200 |
LAURUSLABS | 574.45 | 600 |
LICHSGFIN | 561.85 | 570 |
LICI | 792.15 | 800 |
LODHA | 1180.85 | 1200 |
LT | 3260.15 | 3360 |
LTF | 153.72 | 152.5 |
LTIM | 4136.25 | 4400 |
LUPIN | 1971.05 | 2000 |
M&M | 2596.55 | 2700 |
M&MFIN | 262.3 | 270 |
MANAPPURAM | 232.83 | 230 |
MARICO | 677.3 | 660 |
MARUTI | 11482 | 11500 |
MAXHEALTH | 1137.65 | 1120 |
MCX | 5026.8 | 5300 |
MFSL | 1165.05 | 1160 |
MGL | 1330.9 | 1380 |
MOTHERSON | 118.93 | 130 |
MPHASIS | 2229.2 | 2400 |
MRF | 113236.95 | 113500 |
MUTHOOTFIN | 2348.3 | 2300 |
NATIONALUM | 157.7 | 175 |
NAUKRI | 6396.6 | 6800 |
NBCC | 82.73 | 82.5 |
NCC | 206.85 | 210 |
NESTLEIND | 2262.15 | 2240 |
NHPC | 83.04 | 84 |
NMDC | 65.02 | 69 |
NTPC | 350.4 | 360 |
NYKAA | 176.78 | 175 |
OBEROIRLTY | 1550.6 | 1600 |
OFSS | 7521.55 | 7750 |
OIL | 357.75 | 380 |
ONGC | 226.01 | 237.5 |
PAGEIND | 42309.8 | 42500 |
PATANJALI | 1850.35 | 1840 |
PAYTM | 817.05 | 800 |
PEL | 961.5 | 1000 |
PERSISTENT | 4609.95 | 4800 |
PETRONET | 283.9 | 295 |
PFC | 406.85 | 420 |
PHOENIXLTD | 1580.3 | 1600 |
PIDILITIND | 2892 | 2860 |
PIIND | 3315.45 | 3450 |
PNB | 96.61 | 98 |
PNBHOUSING | 949.45 | 900 |
POLICYBZR | 1504.2 | 1580 |
POLYCAB | 5040.75 | 5100 |
POONAWALLA | 353.05 | 340 |
POWERGRID | 293.9 | 295 |
PRESTIGE | 1127.05 | 1160 |
RAMCOCEM | 941.55 | 920 |
RBLBANK | 175.68 | 175 |
RECLTD | 403.4 | 430 |
RELIANCE | 1204.7 | 1250 |
SAIL | 112.6 | 117.5 |
SBICARD | 848 | 860 |
SBILIFE | 1512.6 | 1540 |
SBIN | 767.45 | 780 |
SHREECEM | 30694.5 | 30500 |
SHRIRAMFIN | 653.6 | 650 |
SIEMENS | 4928.15 | 5200 |
SILVER | 87431 | 94000 |
SJVN | 92.42 | 92.5 |
SOLARINDS | 10987.1 | 11000 |
SONACOMS | 421.85 | 450 |
SRF | 2854.85 | 2900 |
SUNPHARMA | 1709.35 | 1740 |
SUPREMEIND | 3278.6 | 3450 |
SYNGENE | 724.65 | 730 |
TATACHEM | 812.4 | 860 |
TATACOMM | 1598.05 | 1600 |
TATACONSUM | 1087.85 | 1060 |
TATAELXSI | 5056.65 | 5100 |
TATAMOTORS | 613.85 | 660 |
TATAPOWER | 368.95 | 390 |
TATASTEEL | 140.39 | 150 |
TATATECH | 648.7 | 660 |
TCS | 3299.4 | 3460 |
TECHM | 1320.95 | 1400 |
TIINDIA | 2637.25 | 2750 |
TITAGARH | 790.4 | 800 |
TITAN | 3076.2 | 3100 |
TORNTPHARM | 3286.5 | 3200 |
TORNTPOWER | 1537.05 | 1520 |
TRENT | 5562.85 | 5600 |
TVSMOTOR | 2464.95 | 2460 |
ULTRACEMCO | 11498.65 | 11400 |
UNIONBANK | 122.11 | 125 |
UNITDSPR | 1427.35 | 1400 |
UPL | 637.7 | 650 |
VBL | 535.45 | 530 |
VEDL | 401.45 | 440 |
VOLTAS | 1298.1 | 1360 |
WIPRO | 246.3 | 260 |
YESBANK | 17.19 | 17 |
ZOMATO | 210.53 | 210 |
ZYDUSLIFE | 866.9 | 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.