TRENT
Trent Ltd
Max pain for TRENT
14 Jan 2025 02:22 PM IST
Max Pain for TRENT is 6700
Strike 5200 has a total call value of 0 versus a total put value of 169,822,000,000 Combined total value = 169,822,000,000
Strike 5300 has a total call value of 0 versus a total put value of 157,287,000,000 Combined total value = 157,287,000,000
Strike 5400 has a total call value of 0 versus a total put value of 144,872,000,000 Combined total value = 144,872,000,000
Strike 5500 has a total call value of 0 versus a total put value of 132,457,000,000 Combined total value = 132,457,000,000
Strike 5600 has a total call value of 0 versus a total put value of 120,043,000,000 Combined total value = 120,043,000,000
Strike 5700 has a total call value of 0 versus a total put value of 108,148,000,000 Combined total value = 108,148,000,000
Strike 5800 has a total call value of 0 versus a total put value of 96,356,000,000 Combined total value = 96,356,000,000
Strike 5900 has a total call value of 23,000,000 versus a total put value of 84,999,000,000 Combined total value = 85,022,000,000
Strike 6000 has a total call value of 57,000,000 versus a total put value of 73,919,000,000 Combined total value = 73,976,000,000
Strike 6100 has a total call value of 273,000,000 versus a total put value of 64,576,000,000 Combined total value = 64,849,000,000
Strike 6200 has a total call value of 603,000,000 versus a total put value of 55,677,000,000 Combined total value = 56,280,000,000
Strike 6300 has a total call value of 1,736,000,000 versus a total put value of 47,418,000,000 Combined total value = 49,154,000,000
Strike 6400 has a total call value of 3,831,000,000 versus a total put value of 39,895,000,000 Combined total value = 43,726,000,000
Strike 6500 has a total call value of 7,063,000,000 versus a total put value of 33,089,000,000 Combined total value = 40,152,000,000
Strike 6600 has a total call value of 11,511,000,000 versus a total put value of 26,988,000,000 Combined total value = 38,499,000,000
Strike 6700 has a total call value of 16,984,000,000 versus a total put value of 21,280,000,000 Combined total value = 38,264,000,000
Strike 6800 has a total call value of 24,130,000,000 versus a total put value of 16,037,000,000 Combined total value = 40,167,000,000
Strike 6900 has a total call value of 33,195,000,000 versus a total put value of 11,877,000,000 Combined total value = 45,072,000,000
Strike 7000 has a total call value of 43,330,000,000 versus a total put value of 8,253,000,000 Combined total value = 51,583,000,000
Strike 7100 has a total call value of 56,754,000,000 versus a total put value of 5,936,000,000 Combined total value = 62,690,000,000
Strike 7200 has a total call value of 71,849,000,000 versus a total put value of 4,039,000,000 Combined total value = 75,888,000,000
Strike 7300 has a total call value of 89,202,000,000 versus a total put value of 2,930,000,000 Combined total value = 92,132,000,000
Strike 7400 has a total call value of 108,370,000,000 versus a total put value of 1,821,000,000 Combined total value = 110,191,000,000
Strike 7500 has a total call value of 129,076,000,000 versus a total put value of 1,099,000,000 Combined total value = 130,175,000,000
Strike 7600 has a total call value of 153,235,000,000 versus a total put value of 785,000,000 Combined total value = 154,020,000,000
Strike 7700 has a total call value of 178,374,000,000 versus a total put value of 471,000,000 Combined total value = 178,845,000,000
Strike 7800 has a total call value of 204,300,000,000 versus a total put value of 210,000,000 Combined total value = 204,510,000,000
Strike 7900 has a total call value of 230,885,000,000 versus a total put value of 105,000,000 Combined total value = 230,990,000,000
Strike 8000 has a total call value of 257,767,000,000 versus a total put value of 0 Combined total value = 257,767,000,000
Strike 8100 has a total call value of 286,092,000,000 versus a total put value of 0 Combined total value = 286,092,000,000
Strike 8200 has a total call value of 314,417,000,000 versus a total put value of 0 Combined total value = 314,417,000,000
Strike 8300 has a total call value of 343,374,000,000 versus a total put value of 0 Combined total value = 343,374,000,000
Strike 8400 has a total call value of 372,331,000,000 versus a total put value of 0 Combined total value = 372,331,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 409 | 420 |
| ABB | 6151.55 | 6600 |
| ABBOTINDIA | 28301.65 | 29000 |
| ABCAPITAL | 174.63 | 182.5 |
| ABFRL | 270.75 | 280 |
| ACC | 1945.85 | 2060 |
| ADANIENSOL | 780.15 | 780 |
| ADANIENT | 2399 | 2500 |
| ADANIGREEN | 1015.6 | 1000 |
| ADANIPORTS | 1126.1 | 1180 |
| ALKEM | 5276 | 5400 |
| AMBUJACEM | 514.4 | 550 |
| ANGELONE | 2380 | 2500 |
| APLAPOLLO | 1473.05 | 1500 |
| APOLLOHOSP | 6694.8 | 7050 |
| APOLLOTYRE | 453.1 | 470 |
| ASHOKLEY | 210.74 | 220 |
| ASIANPAINT | 2242 | 2300 |
| ASTRAL | 1495.75 | 1600 |
| ATGL | 695 | 670 |
| ATUL | 6744.55 | 6700 |
| AUBANK | 579.5 | 565 |
| AUROPHARMA | 1177.85 | 1220 |
| AXISBANK | 1055.5 | 1080 |
| BAJAJ-AUTO | 8608 | 8900 |
| BAJAJFINSV | 1706 | 1640 |
| BAJFINANCE | 7330 | 7200 |
| BALKRISIND | 2708.45 | 2800 |
| BANDHANBNK | 145.79 | 160 |
| BANKBARODA | 225.42 | 240 |
| BANKINDIA | 94.49 | 98 |
| BATAINDIA | 1343 | 1380 |
| BEL | 268.2 | 280 |
| BERGEPAINT | 462.1 | 460 |
| BHARATFORG | 1194.45 | 1260 |
| BHARTIARTL | 1592.9 | 1600 |
| BHEL | 196.43 | 220 |
| BIOCON | 388.65 | 375 |
| BOSCHLTD | 31623.25 | 33000 |
| BPCL | 270.5 | 280 |
| BRITANNIA | 4870 | 4850 |
| BSE | 5452.95 | 5300 |
| BSOFT | 534.2 | 560 |
| CAMS | 4253.75 | 4700 |
| CANBK | 93.86 | 98 |
| CANFINHOME | 667.3 | 700 |
| CDSL | 1572.2 | 1700 |
| CESC | 153.73 | 160 |
| CGPOWER | 635 | 660 |
| CHAMBLFERT | 474.95 | 490 |
| CHOLAFIN | 1273 | 1260 |
| CIPLA | 1443.9 | 1500 |
| COALINDIA | 368.4 | 385 |
| COFORGE | 8580.85 | 9100 |
| COLPAL | 2701.3 | 2800 |
| CONCOR | 760.5 | 780 |
| COROMANDEL | 1824.1 | 1880 |
| CROMPTON | 358.7 | 370 |
| CUB | 167.5 | 170 |
| CUMMINSIND | 2944.65 | 3150 |
| CYIENT | 1699.2 | 1720 |
| DABUR | 510.8 | 515 |
| DALBHARAT | 1730 | 1740 |
| DEEPAKNTR | 2342.05 | 2450 |
| DELHIVERY | 324.95 | 335 |
| DIVISLAB | 5957.5 | 5900 |
| DIXON | 16234.75 | 17000 |
| DLF | 724.45 | 770 |
| DMART | 3466.05 | 3700 |
| DRREDDY | 1335.15 | 1350 |
| EICHERMOT | 5020.2 | 5000 |
| ESCORTS | 3435.45 | 3300 |
| EXIDEIND | 382.5 | 410 |
| FEDERALBNK | 193.34 | 197.5 |
| GAIL | 175.7 | 190 |
| GLENMARK | 1513.35 | 1560 |
| GMRAIRPORT | 71.7 | 78 |
| GMRINFRA | 0 | 32 |
| GNFC | 536.95 | 550 |
| GODREJCP | 1137.8 | 1140 |
| GODREJPROP | 2303.45 | 2500 |
| GRANULES | 588.85 | 590 |
| GRASIM | 2297.4 | 2480 |
| GUJGASLTD | 487.45 | 495 |
| HAL | 3821.2 | 4150 |
| HAVELLS | 1542.55 | 1600 |
| HCLTECH | 1824.55 | 1840 |
| HDFCAMC | 3909.85 | 3950 |
| HDFCBANK | 1651.3 | 1700 |
| HDFCLIFE | 599.45 | 620 |
| HEROMOTOCO | 4100.1 | 4200 |
| HFCL | 98.07 | 105 |
| HINDALCO | 588.75 | 600 |
| HINDCOPPER | 225 | 250 |
| HINDPETRO | 372.1 | 390 |
| HINDUNILVR | 2369.3 | 2400 |
| HUDCO | 214 | 220 |
| ICICIBANK | 1239.85 | 1270 |
| ICICIGI | 1823.15 | 1860 |
| ICICIPRULI | 638.85 | 660 |
| IDEA | 8.1 | 8 |
| IDFCFIRSTB | 62.29 | 63 |
| IEX | 167.05 | 175 |
| IGL | 410.6 | 410 |
| INDHOTEL | 775.05 | 800 |
| INDIAMART | 2251.65 | 2300 |
| INDIANB | 505.65 | 520 |
| INDIGO | 4000 | 4250 |
| INDUSINDBK | 971.85 | 980 |
| INDUSTOWER | 339.55 | 340 |
| INFY | 1939.7 | 1940 |
| IOC | 126.67 | 135 |
| IPCALAB | 1587.5 | 1640 |
| IRB | 51.24 | 55 |
| IRCTC | 757.8 | 790 |
| IRFC | 134.5 | 137.5 |
| ITC | 436.35 | 445 |
| JINDALSTEL | 912.15 | 940 |
| JIOFIN | 272.25 | 285 |
| JKCEMENT | 4374.95 | 4500 |
| JSL | 628.4 | 630 |
| JSWENERGY | 549.55 | 570 |
| JSWSTEEL | 904.65 | 920 |
| JUBLFOOD | 708.5 | 730 |
| KALYANKJIL | 597.35 | 640 |
| KEI | 4035.95 | 4200 |
| KOTAKBANK | 1762.1 | 1800 |
| KPITTECH | 1329 | 1400 |
| LALPATHLAB | 2807.6 | 2950 |
| LAURUSLABS | 566.05 | 590 |
| LICHSGFIN | 552.7 | 580 |
| LICI | 821.5 | 860 |
| LODHA | 1142.15 | 1260 |
| LT | 3460.2 | 3600 |
| LTF | 133.26 | 140 |
| LTIM | 5798.75 | 5800 |
| LTTS | 4717.75 | 4800 |
| LUPIN | 2153.55 | 2240 |
| M&M | 3051.4 | 3100 |
| M&MFIN | 266.5 | 270 |
| MANAPPURAM | 177.52 | 190 |
| MARICO | 657.7 | 660 |
| MARUTI | 11711.3 | 11600 |
| MAXHEALTH | 1084.4 | 1140 |
| MCX | 5710.35 | 6000 |
| METROPOLIS | 1874.1 | 2000 |
| MFSL | 1054.65 | 1100 |
| MGL | 1274.7 | 1280 |
| MOTHERSON | 145.41 | 155 |
| MPHASIS | 2781.05 | 2900 |
| MRF | 114380.05 | 118000 |
| MUTHOOTFIN | 2123.7 | 2140 |
| NATIONALUM | 198.94 | 210 |
| NAUKRI | 7463.5 | 8000 |
| NAVINFLUOR | 3610 | 3650 |
| NCC | 245.85 | 260 |
| NESTLEIND | 2215.05 | 2200 |
| NHPC | 76.87 | 78 |
| NMDC | 63.18 | 67 |
| NTPC | 309.6 | 320 |
| NYKAA | 165.1 | 167.5 |
| OBEROIRLTY | 1988.15 | 2140 |
| OFSS | 10768.5 | 11500 |
| OIL | 466.2 | 460 |
| ONGC | 259.42 | 257.5 |
| PAGEIND | 46374.35 | 47000 |
| PAYTM | 821.25 | 880 |
| PEL | 1025.4 | 1080 |
| PERSISTENT | 5892.75 | 6200 |
| PETRONET | 325.05 | 335 |
| PFC | 418.25 | 440 |
| PIDILITIND | 2811.5 | 2900 |
| PIIND | 3474.65 | 3600 |
| PNB | 98.82 | 101 |
| POLICYBZR | 1742.35 | 1900 |
| POLYCAB | 6452.95 | 6800 |
| POONAWALLA | 308.6 | 315 |
| POWERGRID | 290.6 | 305 |
| PRESTIGE | 1426.25 | 1550 |
| PVRINOX | 1086.15 | 1180 |
| RAMCOCEM | 885.5 | 930 |
| RBLBANK | 153.49 | 160 |
| RECLTD | 476.55 | 500 |
| RELIANCE | 1231.55 | 1250 |
| SAIL | 106.03 | 110 |
| SBICARD | 732.5 | 730 |
| SBILIFE | 1494.95 | 1440 |
| SBIN | 754.4 | 780 |
| SHREECEM | 25070.05 | 25750 |
| SHRIRAMFIN | 542.1 | 570 |
| SIEMENS | 5862 | 6300 |
| SJVN | 94.27 | 100 |
| SONACOMS | 566.9 | 580 |
| SRF | 2505.55 | 2560 |
| SUNPHARMA | 1766.5 | 1820 |
| SUNTV | 657.55 | 670 |
| SUPREMEIND | 4379.25 | 4500 |
| SYNGENE | 827.3 | 850 |
| TATACHEM | 968 | 1020 |
| TATACOMM | 1678.65 | 1740 |
| TATACONSUM | 960 | 950 |
| TATAELXSI | 6083.25 | 6200 |
| TATAMOTORS | 771.85 | 780 |
| TATAPOWER | 356.35 | 380 |
| TATASTEEL | 127.05 | 135 |
| TCS | 4240.75 | 4200 |
| TECHM | 1656.95 | 1680 |
| TIINDIA | 3306.65 | 3550 |
| TITAN | 3315.3 | 3400 |
| TORNTPHARM | 3242.15 | 3350 |
| TRENT | 6175.2 | 6700 |
| TVSMOTOR | 2235.95 | 2320 |
| UBL | 1961.15 | 2000 |
| ULTRACEMCO | 10477.05 | 11100 |
| UNIONBANK | 104.22 | 110 |
| UNITDSPR | 1413.05 | 1500 |
| UPL | 541.1 | 530 |
| VBL | 567.8 | 600 |
| VEDL | 431.25 | 450 |
| VOLTAS | 1639.5 | 1720 |
| WIPRO | 293.1 | 295 |
| YESBANK | 17.91 | 19 |
| ZOMATO | 234.8 | 250 |
| ZYDUSLIFE | 995.55 | 1000 |
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.
