SRF
Srf Ltd
Max pain for SRF
12 Feb 2025 04:11 PM IST
Max Pain for SRF is 2800
Strike 2200 has a total call value of 0 versus a total put value of 129,283,500,000 Combined total value = 129,283,500,000
Strike 2220 has a total call value of 0 versus a total put value of 123,848,250,000 Combined total value = 123,848,250,000
Strike 2240 has a total call value of 0 versus a total put value of 118,413,000,000 Combined total value = 118,413,000,000
Strike 2260 has a total call value of 0 versus a total put value of 112,977,750,000 Combined total value = 112,977,750,000
Strike 2280 has a total call value of 0 versus a total put value of 107,542,500,000 Combined total value = 107,542,500,000
Strike 2300 has a total call value of 0 versus a total put value of 102,107,250,000 Combined total value = 102,107,250,000
Strike 2320 has a total call value of 0 versus a total put value of 97,032,000,000 Combined total value = 97,032,000,000
Strike 2340 has a total call value of 0 versus a total put value of 91,956,750,000 Combined total value = 91,956,750,000
Strike 2360 has a total call value of 0 versus a total put value of 86,883,000,000 Combined total value = 86,883,000,000
Strike 2380 has a total call value of 0 versus a total put value of 81,809,250,000 Combined total value = 81,809,250,000
Strike 2400 has a total call value of 0 versus a total put value of 76,735,500,000 Combined total value = 76,735,500,000
Strike 2420 has a total call value of 42,000,000 versus a total put value of 72,046,500,000 Combined total value = 72,088,500,000
Strike 2440 has a total call value of 84,000,000 versus a total put value of 67,357,500,000 Combined total value = 67,441,500,000
Strike 2460 has a total call value of 126,000,000 versus a total put value of 62,668,500,000 Combined total value = 62,794,500,000
Strike 2480 has a total call value of 168,000,000 versus a total put value of 58,014,750,000 Combined total value = 58,182,750,000
Strike 2500 has a total call value of 210,000,000 versus a total put value of 53,384,250,000 Combined total value = 53,594,250,000
Strike 2520 has a total call value of 252,000,000 versus a total put value of 49,326,750,000 Combined total value = 49,578,750,000
Strike 2540 has a total call value of 294,000,000 versus a total put value of 45,294,750,000 Combined total value = 45,588,750,000
Strike 2560 has a total call value of 336,000,000 versus a total put value of 41,321,250,000 Combined total value = 41,657,250,000
Strike 2580 has a total call value of 378,000,000 versus a total put value of 37,401,750,000 Combined total value = 37,779,750,000
Strike 2600 has a total call value of 420,000,000 versus a total put value of 33,549,750,000 Combined total value = 33,969,750,000
Strike 2620 has a total call value of 671,250,000 versus a total put value of 30,190,500,000 Combined total value = 30,861,750,000
Strike 2640 has a total call value of 956,250,000 versus a total put value of 26,970,750,000 Combined total value = 27,927,000,000
Strike 2660 has a total call value of 1,241,250,000 versus a total put value of 23,900,250,000 Combined total value = 25,141,500,000
Strike 2680 has a total call value of 1,615,500,000 versus a total put value of 21,018,000,000 Combined total value = 22,633,500,000
Strike 2700 has a total call value of 2,035,500,000 versus a total put value of 18,204,000,000 Combined total value = 20,239,500,000
Strike 2720 has a total call value of 2,635,500,000 versus a total put value of 15,758,250,000 Combined total value = 18,393,750,000
Strike 2740 has a total call value of 3,300,750,000 versus a total put value of 13,398,750,000 Combined total value = 16,699,500,000
Strike 2760 has a total call value of 4,026,750,000 versus a total put value of 11,131,500,000 Combined total value = 15,158,250,000
Strike 2780 has a total call value of 4,827,750,000 versus a total put value of 9,034,500,000 Combined total value = 13,862,250,000
Strike 2800 has a total call value of 5,679,000,000 versus a total put value of 7,062,750,000 Combined total value = 12,741,750,000
Strike 2820 has a total call value of 7,128,000,000 versus a total put value of 5,615,250,000 Combined total value = 12,743,250,000
Strike 2840 has a total call value of 8,697,000,000 versus a total put value of 4,258,500,000 Combined total value = 12,955,500,000
Strike 2860 has a total call value of 11,091,750,000 versus a total put value of 3,115,500,000 Combined total value = 14,207,250,000
Strike 2880 has a total call value of 13,955,250,000 versus a total put value of 2,307,000,000 Combined total value = 16,262,250,000
Strike 2900 has a total call value of 16,986,750,000 versus a total put value of 1,620,000,000 Combined total value = 18,606,750,000
Strike 2920 has a total call value of 20,658,000,000 versus a total put value of 1,160,250,000 Combined total value = 21,818,250,000
Strike 2940 has a total call value of 24,434,250,000 versus a total put value of 729,750,000 Combined total value = 25,164,000,000
Strike 2960 has a total call value of 28,398,000,000 versus a total put value of 405,000,000 Combined total value = 28,803,000,000
Strike 2980 has a total call value of 32,553,000,000 versus a total put value of 186,000,000 Combined total value = 32,739,000,000
Strike 3000 has a total call value of 36,884,250,000 versus a total put value of 33,750,000 Combined total value = 36,918,000,000
Strike 3020 has a total call value of 42,603,000,000 versus a total put value of 27,000,000 Combined total value = 42,630,000,000
Strike 3040 has a total call value of 48,447,750,000 versus a total put value of 20,250,000 Combined total value = 48,468,000,000
Strike 3060 has a total call value of 54,425,250,000 versus a total put value of 13,500,000 Combined total value = 54,438,750,000
Strike 3080 has a total call value of 60,489,000,000 versus a total put value of 6,750,000 Combined total value = 60,495,750,000
Strike 3100 has a total call value of 66,580,500,000 versus a total put value of 0 Combined total value = 66,580,500,000
Strike 3120 has a total call value of 72,972,750,000 versus a total put value of 0 Combined total value = 72,972,750,000
Strike 3140 has a total call value of 79,411,500,000 versus a total put value of 0 Combined total value = 79,411,500,000
Strike 3160 has a total call value of 85,887,000,000 versus a total put value of 0 Combined total value = 85,887,000,000
Strike 3180 has a total call value of 92,440,500,000 versus a total put value of 0 Combined total value = 92,440,500,000
Strike 3200 has a total call value of 99,025,500,000 versus a total put value of 0 Combined total value = 99,025,500,000
Strike 3220 has a total call value of 106,091,250,000 versus a total put value of 0 Combined total value = 106,091,250,000
Strike 3240 has a total call value of 113,194,500,000 versus a total put value of 0 Combined total value = 113,194,500,000
Strike 3260 has a total call value of 120,321,750,000 versus a total put value of 0 Combined total value = 120,321,750,000
Strike 3280 has a total call value of 127,449,000,000 versus a total put value of 0 Combined total value = 127,449,000,000
Strike 3300 has a total call value of 134,576,250,000 versus a total put value of 0 Combined total value = 134,576,250,000
Strike 3320 has a total call value of 141,848,250,000 versus a total put value of 0 Combined total value = 141,848,250,000
Strike 3340 has a total call value of 149,134,500,000 versus a total put value of 0 Combined total value = 149,134,500,000
Strike 3360 has a total call value of 156,455,250,000 versus a total put value of 0 Combined total value = 156,455,250,000
Strike 3380 has a total call value of 163,776,000,000 versus a total put value of 0 Combined total value = 163,776,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 442.25 | 450 |
ABB | 5449.55 | 5600 |
ABBOTINDIA | 28780 | 29000 |
ABCAPITAL | 158.59 | 175 |
ABFRL | 258 | 280 |
ACC | 1928.75 | 2000 |
ADANIENSOL | 756.8 | 760 |
ADANIENT | 2353.45 | 2500 |
ADANIGREEN | 916.9 | 960 |
ADANIPORTS | 1128.95 | 1120 |
ALKEM | 4708.6 | 4850 |
AMBUJACEM | 501.1 | 520 |
ANGELONE | 2348.6 | 2300 |
APLAPOLLO | 1339.95 | 1440 |
APOLLOHOSP | 6374.55 | 6500 |
APOLLOTYRE | 412.8 | 420 |
ASHOKLEY | 219.35 | 215 |
ASIANPAINT | 2228.25 | 2300 |
ASTRAL | 1394.2 | 1480 |
ATGL | 595.75 | 610 |
ATUL | 5669.3 | 6000 |
AUBANK | 554.4 | 580 |
AUROPHARMA | 1144.55 | 1180 |
AXISBANK | 1006.9 | 1010 |
BAJAJ-AUTO | 8711.6 | 8900 |
BAJAJFINSV | 1788.7 | 1780 |
BAJFINANCE | 8214.05 | 8100 |
BALKRISIND | 2638 | 2700 |
BANDHANBNK | 142.43 | 152.5 |
BANKBARODA | 212.54 | 220 |
BANKINDIA | 102.5 | 105 |
BATAINDIA | 1353.6 | 1340 |
BEL | 259.15 | 275 |
BERGEPAINT | 484.7 | 485 |
BHARATFORG | 1104.65 | 1140 |
BHARTIARTL | 1711.55 | 1680 |
BHEL | 198.83 | 205 |
BIOCON | 355.95 | 370 |
BOSCHLTD | 27390.5 | 30000 |
BPCL | 255.6 | 260 |
BRITANNIA | 4918.3 | 4950 |
BSE | 5355.3 | 5300 |
BSOFT | 502.65 | 520 |
CAMS | 3528 | 3600 |
CANBK | 90.54 | 95 |
CANFINHOME | 616.45 | 650 |
CDSL | 1235.7 | 1300 |
CESC | 127.93 | 135 |
CGPOWER | 576.75 | 600 |
CHAMBLFERT | 529.3 | 530 |
CHOLAFIN | 1351.85 | 1320 |
CIPLA | 1449.2 | 1460 |
COALINDIA | 360.35 | 385 |
COFORGE | 8004.4 | 8300 |
COLPAL | 2529.4 | 2660 |
CONCOR | 691.15 | 740 |
COROMANDEL | 1840.85 | 1800 |
CROMPTON | 340 | 355 |
CUB | 166.48 | 170 |
CUMMINSIND | 2810.9 | 2900 |
CYIENT | 1433 | 1420 |
DABUR | 525.75 | 530 |
DALBHARAT | 1800.05 | 1820 |
DEEPAKNTR | 2203.05 | 2300 |
DELHIVERY | 273.8 | 295 |
DIVISLAB | 5969.85 | 6000 |
DIXON | 14766 | 15000 |
DLF | 680.05 | 720 |
DMART | 3689.9 | 3750 |
DRREDDY | 1215.85 | 1210 |
EICHERMOT | 4849.45 | 5000 |
ESCORTS | 3023 | 3200 |
EXIDEIND | 365.7 | 375 |
FEDERALBNK | 183.95 | 185 |
GAIL | 159.76 | 165 |
GLENMARK | 1406.15 | 1460 |
GMRAIRPORT | 72.06 | 75 |
GMRINFRA | 0 | 76 |
GNFC | 559.45 | 560 |
GODREJCP | 1072.75 | 1100 |
GODREJPROP | 1929.75 | 2150 |
GRANULES | 538.1 | 560 |
GRASIM | 2484.95 | 2500 |
GUJGASLTD | 405.25 | 435 |
HAL | 3594.15 | 3750 |
HAVELLS | 1528.95 | 1580 |
HCLTECH | 1717.3 | 1720 |
HDFCAMC | 3703.65 | 3850 |
HDFCBANK | 1706.8 | 1720 |
HDFCLIFE | 629.15 | 640 |
HEROMOTOCO | 4015.75 | 4100 |
HFCL | 92.04 | 100 |
HINDALCO | 598.9 | 600 |
HINDCOPPER | 224.63 | 240 |
HINDPETRO | 323.95 | 340 |
HINDUNILVR | 2332.5 | 2400 |
HUDCO | 192.64 | 200 |
ICICIBANK | 1251.8 | 1250 |
ICICIGI | 1764.8 | 1860 |
ICICIPRULI | 579.8 | 600 |
IDEA | 8.39 | 9 |
IDFCFIRSTB | 62.16 | 63 |
IEX | 171.81 | 180 |
IGL | 190.6 | 195 |
INDHOTEL | 731.2 | 770 |
INDIAMART | 2173 | 2180 |
INDIANB | 518.35 | 530 |
INDIGO | 4337.5 | 4350 |
INDUSINDBK | 1039.65 | 1030 |
INDUSTOWER | 347.4 | 360 |
INFY | 1863.15 | 1900 |
IOC | 120.42 | 127.5 |
IPCALAB | 1419.8 | 1440 |
IRB | 49.62 | 53 |
IRCTC | 759.15 | 780 |
IRFC | 125.35 | 130 |
ITC | 409.9 | 425 |
JINDALSTEL | 829.35 | 840 |
JIOFIN | 227.62 | 240 |
JKCEMENT | 4749.65 | 4800 |
JSL | 603.15 | 620 |
JSWENERGY | 467.6 | 470 |
JSWSTEEL | 956.4 | 960 |
JUBLFOOD | 641 | 680 |
KALYANKJIL | 512.6 | 500 |
KEI | 3479.95 | 3700 |
KOTAKBANK | 1943.95 | 1920 |
KPITTECH | 1353.15 | 1400 |
LALPATHLAB | 2673.4 | 2800 |
LAURUSLABS | 601.05 | 600 |
LICHSGFIN | 542.85 | 570 |
LICI | 782.4 | 820 |
LODHA | 1172.65 | 1200 |
LT | 3289.65 | 3400 |
LTF | 140.73 | 150 |
LTIM | 5705.5 | 5800 |
LTTS | 5108.2 | 5300 |
LUPIN | 2025.2 | 2080 |
M&M | 2987.2 | 3100 |
M&MFIN | 276.05 | 280 |
MANAPPURAM | 191.42 | 200 |
MARICO | 632.15 | 650 |
MARUTI | 12655.55 | 12700 |
MAXHEALTH | 1004.8 | 1060 |
MCX | 5547.95 | 5800 |
METROPOLIS | 1750.55 | 1800 |
MFSL | 1090.8 | 1100 |
MGL | 1301.85 | 1320 |
MOTHERSON | 128.63 | 135 |
MPHASIS | 2666.6 | 2800 |
MRF | 109394.15 | 110500 |
MUTHOOTFIN | 2182.85 | 2200 |
NATIONALUM | 189.68 | 195 |
NAUKRI | 7578.3 | 7800 |
NAVINFLUOR | 4101.05 | 4100 |
NBCC | 85.87 | 87.5 |
NCC | 199.45 | 210 |
NESTLEIND | 2193.75 | 2240 |
NHPC | 74.1 | 75 |
NMDC | 62.91 | 66 |
NTPC | 306.25 | 315 |
NYKAA | 171.93 | 170 |
OBEROIRLTY | 1640.25 | 1700 |
OFSS | 9044.3 | 9250 |
OIL | 417.55 | 410 |
ONGC | 237.4 | 245 |
PAGEIND | 42708.1 | 43500 |
PAYTM | 745.4 | 780 |
PEL | 978.4 | 1020 |
PERSISTENT | 5705.2 | 6000 |
PETRONET | 301.4 | 305 |
PFC | 373.85 | 400 |
PHOENIXLTD | 1600.05 | 1600 |
PIDILITIND | 2828.5 | 2900 |
PIIND | 3356.65 | 3550 |
PNB | 95.67 | 100 |
POLICYBZR | 1592.75 | 1650 |
POLYCAB | 5641.3 | 5700 |
POONAWALLA | 291.5 | 305 |
POWERGRID | 257.05 | 275 |
PRESTIGE | 1220.15 | 1300 |
PVRINOX | 1054.3 | 1080 |
RAMCOCEM | 867.2 | 890 |
RBLBANK | 160.43 | 165 |
RECLTD | 408.05 | 430 |
RELIANCE | 1216.55 | 1260 |
SAIL | 105.75 | 107.5 |
SBICARD | 816.4 | 800 |
SBILIFE | 1452.15 | 1460 |
SBIN | 733.15 | 750 |
SHREECEM | 28235.05 | 28000 |
SHRIRAMFIN | 547.15 | 560 |
SIEMENS | 5199.15 | 5400 |
SJVN | 90.19 | 92.5 |
SOLARINDS | 8956.8 | 9500 |
SONACOMS | 511.35 | 520 |
SRF | 2828.35 | 2800 |
SUNPHARMA | 1693.85 | 1720 |
SUNTV | 607.35 | 600 |
SUPREMEIND | 3887.05 | 3900 |
SYNGENE | 709.45 | 750 |
TATACHEM | 878.6 | 940 |
TATACOMM | 1522.15 | 1600 |
TATACONSUM | 1029.75 | 1020 |
TATAELXSI | 6154.05 | 6300 |
TATAMOTORS | 684.35 | 700 |
TATAPOWER | 348.1 | 370 |
TATASTEEL | 132.28 | 135 |
TCS | 3950.15 | 4050 |
TECHM | 1680.2 | 1680 |
TIINDIA | 2682.6 | 2900 |
TITAN | 3255.45 | 3400 |
TORNTPHARM | 3059.9 | 3200 |
TORNTPOWER | 1268.8 | 1300 |
TRENT | 5237.3 | 5400 |
TVSMOTOR | 2493.45 | 2540 |
UBL | 2057.3 | 2060 |
ULTRACEMCO | 11478.5 | 11500 |
UNIONBANK | 114.98 | 115 |
UNITDSPR | 1397.5 | 1420 |
UPL | 620.5 | 600 |
VBL | 534.5 | 540 |
VEDL | 421.9 | 440 |
VOLTAS | 1299.15 | 1340 |
WIPRO | 310.2 | 311.5 |
YESBANK | 18.13 | 19 |
ZOMATO | 214.7 | 220 |
ZYDUSLIFE | 934.05 | 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.