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TORNTPHARM
Torrent Pharmaceuticals L

3319.5 80.60 (2.49%)

Max pain for TORNTPHARM

28 Apr 2025 10:31 AM IST

Max Pain for TORNTPHARM is 3300  



Strike  2800  has a total call value of 0  versus a total put value of  6,022,500,000 Combined total value = 6,022,500,000

Strike  2850  has a total call value of 0  versus a total put value of  5,096,250,000 Combined total value = 5,096,250,000

Strike  2900  has a total call value of 0  versus a total put value of  4,272,500,000 Combined total value = 4,272,500,000

Strike  2950  has a total call value of 0  versus a total put value of  3,475,000,000 Combined total value = 3,475,000,000

Strike  3000  has a total call value of 0  versus a total put value of  2,677,500,000 Combined total value = 2,677,500,000

Strike  3050  has a total call value of 0  versus a total put value of  2,018,750,000 Combined total value = 2,018,750,000

Strike  3100  has a total call value of 0  versus a total put value of  1,385,000,000 Combined total value = 1,385,000,000

Strike  3150  has a total call value of 0  versus a total put value of  957,500,000 Combined total value = 957,500,000

Strike  3200  has a total call value of 16,250,000  versus a total put value of  552,500,000 Combined total value = 568,750,000

Strike  3250  has a total call value of 76,250,000  versus a total put value of  300,000,000 Combined total value = 376,250,000

Strike  3300  has a total call value of 177,500,000  versus a total put value of  98,750,000 Combined total value = 276,250,000

Strike  3350  has a total call value of 527,500,000  versus a total put value of  25,000,000 Combined total value = 552,500,000

Strike  3400  has a total call value of 943,750,000  versus a total put value of  10,000,000 Combined total value = 953,750,000

Strike  3450  has a total call value of 1,596,250,000  versus a total put value of  5,000,000 Combined total value = 1,601,250,000

Strike  3500  has a total call value of 2,306,250,000  versus a total put value of  0 Combined total value = 2,306,250,000

Strike  3550  has a total call value of 3,251,250,000  versus a total put value of  0 Combined total value = 3,251,250,000

Strike  3600  has a total call value of 4,216,250,000  versus a total put value of  0 Combined total value = 4,216,250,000

Strike  3650  has a total call value of 5,305,000,000  versus a total put value of  0 Combined total value = 5,305,000,000

Strike  3700  has a total call value of 6,401,250,000  versus a total put value of  0 Combined total value = 6,401,250,000

Strike  3750  has a total call value of 7,618,750,000  versus a total put value of  0 Combined total value = 7,618,750,000

Strike  3800  has a total call value of 8,836,250,000  versus a total put value of  0 Combined total value = 8,836,250,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 429.3 430
ABB 5511 5600
ABCAPITAL 196.17 205
ABFRL 269.5 270
ACC 1933.7 2000
ADANIENSOL 926.85 920
ADANIENT 2376.3 2520
ADANIGREEN 928.5 960
ADANIPORTS 1204.9 1240
ALKEM 5049.7 5100
AMBUJACEM 548.6 570
ANGELONE 2361 2350
APLAPOLLO 1610.1 1620
APOLLOHOSP 6993.5 7100
APOLLOTYRE 455.6 460
ASHOKLEY 224.86 225
ASIANPAINT 2435.7 2460
ASTRAL 1359.9 1380
ATGL 613.5 630
AUBANK 670.2 650
AUROPHARMA 1233.5 1220
AXISBANK 1180.7 1200
BAJAJ-AUTO 8033.5 8300
BAJAJFINSV 2075.6 2060
BAJFINANCE 9047 9200
BALKRISIND 2543.4 2560
BANDHANBNK 163.88 170
BANKBARODA 249.93 250
BANKINDIA 117.6 117
BEL 305.35 300
BHARATFORG 1095.6 1100
BHARTIARTL 1827 1820
BHEL 227.67 230
BIOCON 317.5 325
BOSCHLTD 28125 28000
BPCL 302.2 300
BRITANNIA 5459.8 5450
BSE 6449.5 6250
BSOFT 385.55 400
CAMS 3937 4000
CANBK 97.59 98
CDSL 1337 1300
CESC 156.72 157.5
CGPOWER 634.55 650
CHAMBLFERT 692.4 680
CHOLAFIN 1529.8 1540
CIPLA 1551.1 1540
COALINDIA 396.65 400
COFORGE 7280 7200
COLPAL 2668.4 2620
CONCOR 684.1 700
CROMPTON 333.6 340
CUMMINSIND 2885.9 2900
CYIENT 1184.3 1200
DABUR 484.4 490
DALBHARAT 1990 1940
DEEPAKNTR 1963.2 2000
DELHIVERY 308.15 300
DIVISLAB 6111.5 6100
DIXON 16499 16000
DLF 661.95 680
DMART 4422.9 4400
DRREDDY 1203.9 1190
EICHERMOT 5597.5 5700
ESCORTS 3362.3 3400
ETERNAL 226.39 230
EXIDEIND 370.9 380
FEDERALBNK 199.51 200
GAIL 189.39 195
GLENMARK 1396.4 1400
GMRAIRPORT 88.36 88
GODREJCP 1252.2 1240
GODREJPROP 2097.5 2100
GRANULES 462.9 480
GRASIM 2758.9 2700
HAL 4384 4300
HAVELLS 1601.6 1600
HCLTECH 1544.3 1560
HDFCAMC 4355.4 4400
HDFCBANK 1924.9 1920
HDFCLIFE 702.65 710
HEROMOTOCO 3879.9 3900
HFCL 81.51 85
HINDALCO 629.2 630
HINDCOPPER 219.19 220
HINDPETRO 389.55 390
HINDUNILVR 2326.5 2360
HINDZINC 456.8 450
HUDCO 224.35 225
ICICIBANK 1427.8 1410
ICICIGI 1851.5 1860
ICICIPRULI 598.4 600
IDEA 7.42 8
IDFCFIRSTB 65.24 66
IEX 192.16 192.5
IGL 183.32 180
IIFL 368.2 370
INDHOTEL 801.4 800
INDIANB 578 580
INDIGO 5277.5 5300
INDUSINDBK 830.5 820
INDUSTOWER 407.3 400
INFY 1473.7 1480
INOXWIND 172.4 170
IOC 135.6 140
IRB 46.55 48
IRCTC 760.4 780
IREDA 167.93 160
IRFC 128.57 127.5
ITC 429.1 430
JINDALSTEL 905.2 900
JIOFIN 255.92 255
JSL 557.45 580
JSWENERGY 480.75 500
JSWSTEEL 1046.9 1040
JUBLFOOD 693.2 700
KALYANKJIL 516.7 520
KEI 2965.4 3000
KOTAKBANK 2228.9 2200
KPITTECH 1200.4 1200
LAURUSLABS 636.6 640
LICHSGFIN 600.35 600
LICI 798 800
LODHA 1286.9 1300
LT 3305 3320
LTF 164.35 162.5
LTIM 4437.3 4500
LUPIN 2102.9 2080
M&M 2898.8 2900
M&MFIN 262.75 270
MANAPPURAM 229.64 230
MARICO 714.85 710
MARUTI 11698 11800
MAXHEALTH 1091.5 1100
MCX 6135.5 5900
MFSL 1265.1 1260
MGL 1312.6 1300
MOTHERSON 133.33 137.5
MPHASIS 2438.4 2500
MRF 129555 128000
MUTHOOTFIN 2124.2 2120
NATIONALUM 158.71 170
NAUKRI 6945.5 7100
NBCC 95.91 100
NCC 217 220
NESTLEIND 2396.9 2400
NHPC 86.32 88
NMDC 65.65 69
NTPC 360.15 365
NYKAA 193.27 190
OBEROIRLTY 1628.6 1640
OFSS 8614.5 8600
OIL 400.6 400
ONGC 249.49 250
PAGEIND 44790 45000
PATANJALI 1962.7 2000
PAYTM 882.35 880
PEL 983.8 1000
PERSISTENT 5224 5200
PETRONET 311.25 315
PFC 419.5 440
PHOENIXLTD 1625.6 1700
PIDILITIND 3015.6 3020
PIIND 3628.3 3650
PNB 100.85 103
PNBHOUSING 988.4 1000
POLICYBZR 1596.7 1620
POLYCAB 5512 5500
POONAWALLA 370.1 380
POWERGRID 309.35 315
PRESTIGE 1299.7 1300
RAMCOCEM 963.7 970
RBLBANK 199.13 195
RECLTD 427.8 440
RELIANCE 1354.1 1320
SAIL 116.07 120
SBICARD 862.4 880
SBILIFE 1705 1700
SBIN 808.8 810
SHREECEM 30710 31000
SHRIRAMFIN 612.5 630
SIEMENS 2856 2900
SJVN 97.12 100
SOLARINDS 13078 13000
SONACOMS 455.2 460
SRF 3005 3000
SUNPHARMA 1828 1780
SUPREMEIND 3564.5 3500
SYNGENE 620.45 650
TATACHEM 825.9 870
TATACOMM 1564.9 1600
TATACONSUM 1154.4 1130
TATAELXSI 5607 5500
TATAMOTORS 660.7 670
TATAPOWER 394.75 400
TATASTEEL 140.5 142.5
TATATECH 698.85 680
TCS 3425.9 3400
TECHM 1452.6 1440
TIINDIA 2590.1 2600
TITAGARH 775.95 800
TITAN 3385 3360
TORNTPHARM 3319.5 3300
TORNTPOWER 1573.6 1600
TRENT 5196.5 5300
TVSMOTOR 2735.9 2720
ULTRACEMCO 12262 12100
UNIONBANK 127.03 130
UNITDSPR 1546 1520
UPL 675.8 670
VBL 537 530
VEDL 416.7 430
VOLTAS 1239.2 1300
WIPRO 239.8 240
YESBANK 17.9 18
ZOMATO 0 80
ZYDUSLIFE 876.65 870

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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.