TRENT
Trent Ltd
Max pain for TRENT
12 May 2025 04:11 PM IST
Max Pain for TRENT is 5300
Strike 3800 has a total call value of 0 versus a total put value of 231,724,000,000 Combined total value = 231,724,000,000
Strike 3900 has a total call value of 0 versus a total put value of 213,051,000,000 Combined total value = 213,051,000,000
Strike 4000 has a total call value of 0 versus a total put value of 194,378,000,000 Combined total value = 194,378,000,000
Strike 4100 has a total call value of 10,000,000 versus a total put value of 176,161,000,000 Combined total value = 176,171,000,000
Strike 4200 has a total call value of 20,000,000 versus a total put value of 158,011,000,000 Combined total value = 158,031,000,000
Strike 4300 has a total call value of 30,000,000 versus a total put value of 140,099,000,000 Combined total value = 140,129,000,000
Strike 4400 has a total call value of 40,000,000 versus a total put value of 122,412,000,000 Combined total value = 122,452,000,000
Strike 4500 has a total call value of 87,000,000 versus a total put value of 104,931,000,000 Combined total value = 105,018,000,000
Strike 4600 has a total call value of 209,000,000 versus a total put value of 88,838,000,000 Combined total value = 89,047,000,000
Strike 4700 has a total call value of 376,000,000 versus a total put value of 73,270,000,000 Combined total value = 73,646,000,000
Strike 4800 has a total call value of 543,000,000 versus a total put value of 58,191,000,000 Combined total value = 58,734,000,000
Strike 4900 has a total call value of 784,000,000 versus a total put value of 44,778,000,000 Combined total value = 45,562,000,000
Strike 5000 has a total call value of 1,272,000,000 versus a total put value of 31,984,000,000 Combined total value = 33,256,000,000
Strike 5100 has a total call value of 2,066,000,000 versus a total put value of 21,004,000,000 Combined total value = 23,070,000,000
Strike 5200 has a total call value of 3,290,000,000 versus a total put value of 12,030,000,000 Combined total value = 15,320,000,000
Strike 5300 has a total call value of 5,236,000,000 versus a total put value of 7,032,000,000 Combined total value = 12,268,000,000
Strike 5400 has a total call value of 9,008,000,000 versus a total put value of 4,351,000,000 Combined total value = 13,359,000,000
Strike 5500 has a total call value of 14,282,000,000 versus a total put value of 2,845,000,000 Combined total value = 17,127,000,000
Strike 5600 has a total call value of 22,261,000,000 versus a total put value of 2,042,000,000 Combined total value = 24,303,000,000
Strike 5700 has a total call value of 31,726,000,000 versus a total put value of 1,413,000,000 Combined total value = 33,139,000,000
Strike 5800 has a total call value of 46,069,000,000 versus a total put value of 932,000,000 Combined total value = 47,001,000,000
Strike 5900 has a total call value of 62,034,000,000 versus a total put value of 541,000,000 Combined total value = 62,575,000,000
Strike 6000 has a total call value of 78,448,000,000 versus a total put value of 242,000,000 Combined total value = 78,690,000,000
Strike 6100 has a total call value of 98,688,000,000 versus a total put value of 144,000,000 Combined total value = 98,832,000,000
Strike 6200 has a total call value of 119,550,000,000 versus a total put value of 96,000,000 Combined total value = 119,646,000,000
Strike 6300 has a total call value of 141,263,000,000 versus a total put value of 48,000,000 Combined total value = 141,311,000,000
Strike 6400 has a total call value of 163,433,000,000 versus a total put value of 0 Combined total value = 163,433,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 468.6 | 450 |
| ABB | 5587 | 5600 |
| ABCAPITAL | 205.54 | 200 |
| ABFRL | 268.85 | 270 |
| ACC | 1858.8 | 1900 |
| ADANIENSOL | 894.3 | 900 |
| ADANIENT | 2425.3 | 2460 |
| ADANIGREEN | 940.55 | 940 |
| ADANIPORTS | 1362.1 | 1300 |
| ALKEM | 5020.5 | 5000 |
| AMBUJACEM | 541.65 | 550 |
| ANGELONE | 2487 | 2400 |
| APLAPOLLO | 1712.8 | 1660 |
| APOLLOHOSP | 6926 | 6950 |
| APOLLOTYRE | 481 | 475 |
| ASHOKLEY | 231.28 | 225 |
| ASIANPAINT | 2356.4 | 2380 |
| ASTRAL | 1330.3 | 1340 |
| ATGL | 631.1 | 630 |
| AUBANK | 703.4 | 670 |
| AUROPHARMA | 1205.9 | 1200 |
| AXISBANK | 1203 | 1180 |
| BAJAJ-AUTO | 8039.5 | 8000 |
| BAJAJFINSV | 2050.4 | 2020 |
| BAJFINANCE | 9018.5 | 9000 |
| BALKRISIND | 2751.3 | 2720 |
| BANDHANBNK | 163.57 | 165 |
| BANKBARODA | 226.85 | 230 |
| BANKINDIA | 110.09 | 110 |
| BEL | 322.8 | 315 |
| BHARATFORG | 1199.2 | 1140 |
| BHARTIARTL | 1870.8 | 1860 |
| BHEL | 232.95 | 230 |
| BIOCON | 328.15 | 330 |
| BOSCHLTD | 31005 | 30000 |
| BPCL | 309.05 | 310 |
| BRITANNIA | 5608.5 | 5500 |
| BSE | 6955.5 | 6600 |
| BSOFT | 420.45 | 400 |
| CAMS | 3671.6 | 3750 |
| CANBK | 100.86 | 99 |
| CDSL | 1279 | 1300 |
| CESC | 166.76 | 160 |
| CGPOWER | 645.8 | 630 |
| CHAMBLFERT | 689.35 | 690 |
| CHOLAFIN | 1579.2 | 1540 |
| CIPLA | 1511.6 | 1500 |
| COALINDIA | 395.5 | 390 |
| COFORGE | 8311.5 | 7500 |
| COLPAL | 2611.6 | 2620 |
| CONCOR | 688.25 | 700 |
| CROMPTON | 335.5 | 335 |
| CUMMINSIND | 2862.9 | 2900 |
| CYIENT | 1258.4 | 1200 |
| DABUR | 475.05 | 480 |
| DALBHARAT | 1980.9 | 1940 |
| DEEPAKNTR | 1981.1 | 2000 |
| DELHIVERY | 311 | 305 |
| DIVISLAB | 5942 | 6000 |
| DIXON | 16073 | 16000 |
| DLF | 680.5 | 670 |
| DMART | 4023.5 | 4100 |
| DRREDDY | 1195.6 | 1170 |
| EICHERMOT | 5520 | 5550 |
| ESCORTS | 3413.1 | 3300 |
| ETERNAL | 239.5 | 230 |
| EXIDEIND | 378.05 | 380 |
| FEDERALBNK | 194.45 | 195 |
| GAIL | 187.8 | 192.5 |
| GLENMARK | 1381.7 | 1400 |
| GMRAIRPORT | 88.06 | 87 |
| GODREJCP | 1289.5 | 1260 |
| GODREJPROP | 2146.8 | 2150 |
| GRANULES | 460.15 | 460 |
| GRASIM | 2742.8 | 2700 |
| HAL | 4439.7 | 4500 |
| HAVELLS | 1583.1 | 1600 |
| HCLTECH | 1670.3 | 1600 |
| HDFCAMC | 4529.1 | 4450 |
| HDFCBANK | 1957.2 | 1940 |
| HDFCLIFE | 734.6 | 720 |
| HEROMOTOCO | 3984.9 | 3900 |
| HFCL | 81.9 | 80 |
| HINDALCO | 651.95 | 640 |
| HINDCOPPER | 225.06 | 220 |
| HINDPETRO | 388.8 | 395 |
| HINDUNILVR | 2382.5 | 2380 |
| HINDZINC | 434.95 | 430 |
| HUDCO | 224.47 | 220 |
| ICICIBANK | 1448.5 | 1430 |
| ICICIGI | 1836.7 | 1840 |
| ICICIPRULI | 604 | 600 |
| IDEA | 7.07 | 8 |
| IDFCFIRSTB | 69.08 | 66 |
| IEX | 194.95 | 192.5 |
| IGL | 205.28 | 195 |
| IIFL | 388.15 | 370 |
| INDHOTEL | 769.15 | 760 |
| INDIANB | 572.1 | 570 |
| INDIGO | 5476.5 | 5350 |
| INDUSINDBK | 788.5 | 820 |
| INDUSTOWER | 397.4 | 390 |
| INFY | 1626.9 | 1540 |
| INOXWIND | 170.05 | 170 |
| IOC | 142.35 | 143 |
| IRB | 47.81 | 46 |
| IRCTC | 763.45 | 770 |
| IREDA | 168 | 165 |
| IRFC | 125.53 | 125 |
| ITC | 435.5 | 430 |
| JINDALSTEL | 904.75 | 900 |
| JIOFIN | 262.9 | 260 |
| JSL | 610 | 600 |
| JSWENERGY | 481.1 | 480 |
| JSWSTEEL | 1005.2 | 1000 |
| JUBLFOOD | 696.1 | 700 |
| KALYANKJIL | 538.15 | 520 |
| KEI | 3386 | 3200 |
| KOTAKBANK | 2145 | 2140 |
| KPITTECH | 1325.1 | 1260 |
| LAURUSLABS | 593.45 | 610 |
| LICHSGFIN | 601.5 | 600 |
| LICI | 815.45 | 800 |
| LODHA | 1305.4 | 1300 |
| LT | 3587.2 | 3440 |
| LTF | 171.2 | 165 |
| LTIM | 4940.4 | 4650 |
| LUPIN | 2039.8 | 2040 |
| M&M | 3104.7 | 3000 |
| M&MFIN | 256.85 | 265 |
| MANAPPURAM | 230.73 | 230 |
| MARICO | 738.1 | 720 |
| MARUTI | 12616 | 12000 |
| MAXHEALTH | 1159.9 | 1140 |
| MCX | 6061.5 | 6000 |
| MFSL | 1293 | 1280 |
| MGL | 1409.2 | 1360 |
| MOTHERSON | 145.06 | 140 |
| MPHASIS | 2532.4 | 2500 |
| MRF | 139925 | 138000 |
| MUTHOOTFIN | 2256.4 | 2200 |
| NATIONALUM | 168.95 | 170 |
| NAUKRI | 1476 | 1440 |
| NBCC | 99.81 | 98 |
| NCC | 220.37 | 217.5 |
| NESTLEIND | 2383.8 | 2380 |
| NHPC | 83.3 | 84 |
| NMDC | 68.08 | 68 |
| NTPC | 348.55 | 345 |
| NYKAA | 198.97 | 195 |
| OBEROIRLTY | 1617.7 | 1620 |
| OFSS | 8714 | 8400 |
| OIL | 416.45 | 400 |
| ONGC | 244.02 | 240 |
| PAGEIND | 47050 | 46000 |
| PATANJALI | 1818.9 | 1860 |
| PAYTM | 866.05 | 860 |
| PEL | 1062.3 | 1020 |
| PERSISTENT | 5876.5 | 5400 |
| PETRONET | 314.3 | 310 |
| PFC | 413.95 | 420 |
| PHOENIXLTD | 1523.8 | 1550 |
| PIDILITIND | 3076.5 | 3020 |
| PIIND | 3708.4 | 3700 |
| PNB | 95.78 | 96 |
| PNBHOUSING | 1070.8 | 1060 |
| POLICYBZR | 1698 | 1640 |
| POLYCAB | 5992.5 | 5800 |
| POONAWALLA | 385.55 | 380 |
| POWERGRID | 309.05 | 310 |
| PRESTIGE | 1366.1 | 1360 |
| RAMCOCEM | 952.3 | 950 |
| RBLBANK | 205.82 | 200 |
| RECLTD | 412.65 | 420 |
| RELIANCE | 1436.5 | 1380 |
| SAIL | 118.24 | 117.5 |
| SBICARD | 898.15 | 890 |
| SBILIFE | 1751.5 | 1720 |
| SBIN | 801.65 | 800 |
| SHREECEM | 30135 | 30000 |
| SHRIRAMFIN | 645.95 | 620 |
| SIEMENS | 2895.9 | 2900 |
| SJVN | 96.48 | 95 |
| SOLARINDS | 13289 | 13000 |
| SONACOMS | 519.8 | 490 |
| SRF | 3014.5 | 3000 |
| SUNPHARMA | 1686.2 | 1700 |
| SUPREMEIND | 3580.1 | 3500 |
| SYNGENE | 625.6 | 630 |
| TATACHEM | 848.75 | 860 |
| TATACOMM | 1567.4 | 1600 |
| TATACONSUM | 1145.6 | 1130 |
| TATAELXSI | 6100 | 5750 |
| TATAMOTORS | 720.8 | 700 |
| TATAPOWER | 391.4 | 400 |
| TATASTEEL | 151.63 | 145 |
| TATATECH | 701.05 | 670 |
| TCS | 3620.4 | 3480 |
| TECHM | 1573.1 | 1500 |
| TIINDIA | 2961.9 | 2850 |
| TITAGARH | 744.25 | 740 |
| TITAN | 3562.9 | 3480 |
| TORNTPHARM | 3237.7 | 3250 |
| TORNTPOWER | 1465.2 | 1460 |
| TRENT | 5441 | 5300 |
| TVSMOTOR | 2760.7 | 2740 |
| ULTRACEMCO | 11736 | 11800 |
| UNIONBANK | 128.11 | 125 |
| UNITDSPR | 1564.2 | 1560 |
| UPL | 676.85 | 670 |
| VBL | 513.85 | 510 |
| VEDL | 436.05 | 430 |
| VOLTAS | 1265.7 | 1260 |
| WIPRO | 257.28 | 245 |
| YESBANK | 20.41 | 19 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 884.85 | 880 |
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.
