TRENT
Trent Ltd
Max pain for TRENT
24 Feb 2025 11:12 AM IST
Max Pain for TRENT is 5200
Strike 4000 has a total call value of 0 versus a total put value of 283,329,000,000 Combined total value = 283,329,000,000
Strike 4100 has a total call value of 0 versus a total put value of 259,091,000,000 Combined total value = 259,091,000,000
Strike 4200 has a total call value of 0 versus a total put value of 234,853,000,000 Combined total value = 234,853,000,000
Strike 4300 has a total call value of 0 versus a total put value of 210,932,000,000 Combined total value = 210,932,000,000
Strike 4400 has a total call value of 0 versus a total put value of 187,028,000,000 Combined total value = 187,028,000,000
Strike 4500 has a total call value of 0 versus a total put value of 164,354,000,000 Combined total value = 164,354,000,000
Strike 4600 has a total call value of 0 versus a total put value of 142,525,000,000 Combined total value = 142,525,000,000
Strike 4700 has a total call value of 0 versus a total put value of 121,656,000,000 Combined total value = 121,656,000,000
Strike 4800 has a total call value of 41,000,000 versus a total put value of 101,353,000,000 Combined total value = 101,394,000,000
Strike 4900 has a total call value of 341,000,000 versus a total put value of 83,302,000,000 Combined total value = 83,643,000,000
Strike 5000 has a total call value of 1,054,000,000 versus a total put value of 67,152,000,000 Combined total value = 68,206,000,000
Strike 5100 has a total call value of 4,799,000,000 versus a total put value of 55,357,000,000 Combined total value = 60,156,000,000
Strike 5200 has a total call value of 12,809,000,000 versus a total put value of 44,968,000,000 Combined total value = 57,777,000,000
Strike 5300 has a total call value of 24,783,000,000 versus a total put value of 36,103,000,000 Combined total value = 60,886,000,000
Strike 5400 has a total call value of 39,877,000,000 versus a total put value of 28,863,000,000 Combined total value = 68,740,000,000
Strike 5500 has a total call value of 57,654,000,000 versus a total put value of 22,679,000,000 Combined total value = 80,333,000,000
Strike 5600 has a total call value of 79,846,000,000 versus a total put value of 17,938,000,000 Combined total value = 97,784,000,000
Strike 5700 has a total call value of 105,319,000,000 versus a total put value of 14,084,000,000 Combined total value = 119,403,000,000
Strike 5800 has a total call value of 134,460,000,000 versus a total put value of 11,019,000,000 Combined total value = 145,479,000,000
Strike 5900 has a total call value of 168,095,000,000 versus a total put value of 8,624,000,000 Combined total value = 176,719,000,000
Strike 6000 has a total call value of 204,585,000,000 versus a total put value of 6,229,000,000 Combined total value = 210,814,000,000
Strike 6100 has a total call value of 249,707,000,000 versus a total put value of 4,720,000,000 Combined total value = 254,427,000,000
Strike 6200 has a total call value of 296,685,000,000 versus a total put value of 3,591,000,000 Combined total value = 300,276,000,000
Strike 6300 has a total call value of 346,529,000,000 versus a total put value of 3,055,000,000 Combined total value = 349,584,000,000
Strike 6400 has a total call value of 397,522,000,000 versus a total put value of 2,519,000,000 Combined total value = 400,041,000,000
Strike 6500 has a total call value of 450,196,000,000 versus a total put value of 1,983,000,000 Combined total value = 452,179,000,000
Strike 6600 has a total call value of 505,959,000,000 versus a total put value of 1,726,000,000 Combined total value = 507,685,000,000
Strike 6700 has a total call value of 563,086,000,000 versus a total put value of 1,469,000,000 Combined total value = 564,555,000,000
Strike 6800 has a total call value of 620,836,000,000 versus a total put value of 1,309,000,000 Combined total value = 622,145,000,000
Strike 6900 has a total call value of 679,482,000,000 versus a total put value of 1,149,000,000 Combined total value = 680,631,000,000
Strike 7000 has a total call value of 738,395,000,000 versus a total put value of 1,033,000,000 Combined total value = 739,428,000,000
Strike 7100 has a total call value of 799,722,000,000 versus a total put value of 917,000,000 Combined total value = 800,639,000,000
Strike 7200 has a total call value of 861,238,000,000 versus a total put value of 808,000,000 Combined total value = 862,046,000,000
Strike 7300 has a total call value of 923,131,000,000 versus a total put value of 707,000,000 Combined total value = 923,838,000,000
Strike 7400 has a total call value of 985,125,000,000 versus a total put value of 606,000,000 Combined total value = 985,731,000,000
Strike 7500 has a total call value of 1,047,252,000,000 versus a total put value of 505,000,000 Combined total value = 1,047,757,000,000
Strike 7600 has a total call value of 1,110,104,000,000 versus a total put value of 404,000,000 Combined total value = 1,110,508,000,000
Strike 7700 has a total call value of 1,173,059,000,000 versus a total put value of 303,000,000 Combined total value = 1,173,362,000,000
Strike 7800 has a total call value of 1,236,082,000,000 versus a total put value of 202,000,000 Combined total value = 1,236,284,000,000
Strike 7900 has a total call value of 1,299,203,000,000 versus a total put value of 101,000,000 Combined total value = 1,299,304,000,000
Strike 8000 has a total call value of 1,362,324,000,000 versus a total put value of 0 Combined total value = 1,362,324,000,000
Strike 8100 has a total call value of 1,425,862,000,000 versus a total put value of 0 Combined total value = 1,425,862,000,000
Strike 8200 has a total call value of 1,489,400,000,000 versus a total put value of 0 Combined total value = 1,489,400,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 407.55 | 430 |
ABB | 5326.3 | 5400 |
ABBOTINDIA | 28815.95 | 28500 |
ABCAPITAL | 154.1 | 167.5 |
ABFRL | 250.9 | 265 |
ACC | 1878.95 | 2000 |
ADANIENSOL | 667.85 | 700 |
ADANIENT | 2129.55 | 2260 |
ADANIGREEN | 827.6 | 860 |
ADANIPORTS | 1077.15 | 1100 |
ALKEM | 4591.45 | 4750 |
AMBUJACEM | 475 | 500 |
ANGELONE | 2273.65 | 2300 |
APLAPOLLO | 1484.85 | 1460 |
APOLLOHOSP | 6255.2 | 6400 |
APOLLOTYRE | 401.7 | 420 |
ASHOKLEY | 221.4 | 220 |
ASIANPAINT | 2256.75 | 2280 |
ASTRAL | 1415.1 | 1440 |
ATGL | 574.85 | 600 |
ATUL | 5409.5 | 5400 |
AUBANK | 535.55 | 540 |
AUROPHARMA | 1112.1 | 1140 |
AXISBANK | 1003.7 | 1000 |
BAJAJ-AUTO | 8422.3 | 8700 |
BAJAJFINSV | 1869.55 | 1840 |
BAJFINANCE | 8364.5 | 8200 |
BALKRISIND | 2688.4 | 2700 |
BANDHANBNK | 140.6 | 145 |
BANKBARODA | 207.4 | 220 |
BANKINDIA | 100.8 | 102 |
BATAINDIA | 1320.5 | 1300 |
BEL | 255.5 | 265 |
BERGEPAINT | 492.8 | 485 |
BHARATFORG | 1043.4 | 1080 |
BHARTIARTL | 1613.15 | 1640 |
BHEL | 193.38 | 200 |
BIOCON | 322.7 | 340 |
BOSCHLTD | 27012.2 | 29000 |
BPCL | 251.65 | 260 |
BRITANNIA | 4819.5 | 4900 |
BSE | 5629.2 | 5600 |
BSOFT | 464.3 | 480 |
CAMS | 3392.45 | 3400 |
CANBK | 86.31 | 91 |
CANFINHOME | 600.65 | 610 |
CDSL | 1226.3 | 1240 |
CESC | 135.37 | 130.5 |
CGPOWER | 580.5 | 590 |
CHAMBLFERT | 539.65 | 540 |
CHOLAFIN | 1352.85 | 1360 |
CIPLA | 1479.05 | 1460 |
COALINDIA | 363 | 370 |
COFORGE | 7529.95 | 7800 |
COLPAL | 2483.5 | 2520 |
CONCOR | 678.3 | 720 |
COROMANDEL | 1698.45 | 1700 |
CROMPTON | 330.8 | 340 |
CUB | 148.98 | 160 |
CUMMINSIND | 2803 | 2850 |
CYIENT | 1362 | 1400 |
DABUR | 506 | 520 |
DALBHARAT | 1734.65 | 1800 |
DEEPAKNTR | 1925.85 | 2000 |
DELHIVERY | 276.05 | 285 |
DIVISLAB | 5739.1 | 5800 |
DIXON | 13767.15 | 14250 |
DLF | 674.5 | 700 |
DMART | 3603.65 | 3700 |
DRREDDY | 1165.55 | 1180 |
EICHERMOT | 4996.2 | 4950 |
ESCORTS | 2978.6 | 3100 |
EXIDEIND | 360.6 | 370 |
FEDERALBNK | 181.31 | 185 |
GAIL | 162.83 | 166 |
GLENMARK | 1323.8 | 1360 |
GMRAIRPORT | 68.92 | 72 |
GMRINFRA | 0 | 76 |
GNFC | 542.3 | 550 |
GODREJCP | 1048.5 | 1060 |
GODREJPROP | 2006.9 | 2100 |
GRANULES | 516.4 | 530 |
GRASIM | 2408.75 | 2460 |
GUJGASLTD | 408.55 | 410 |
HAL | 3329 | 3550 |
HAVELLS | 1506.55 | 1560 |
HCLTECH | 1651.95 | 1700 |
HDFCAMC | 3776.15 | 3850 |
HDFCBANK | 1663.6 | 1700 |
HDFCLIFE | 617.85 | 630 |
HEROMOTOCO | 3850 | 4050 |
HFCL | 87.79 | 92.5 |
HINDALCO | 646.5 | 620 |
HINDCOPPER | 219.4 | 225 |
HINDPETRO | 319.65 | 330 |
HINDUNILVR | 2237.15 | 2300 |
HUDCO | 184.44 | 190 |
ICICIBANK | 1215.95 | 1250 |
ICICIGI | 1713.9 | 1760 |
ICICIPRULI | 569 | 580 |
IDEA | 7.95 | 9 |
IDFCFIRSTB | 59.85 | 62 |
IEX | 164.52 | 170 |
IGL | 199.48 | 200 |
INDHOTEL | 739.55 | 750 |
INDIAMART | 2012.75 | 2100 |
INDIANB | 514.2 | 530 |
INDIGO | 4563 | 4450 |
INDUSINDBK | 1027.25 | 1030 |
INDUSTOWER | 330.75 | 350 |
INFY | 1775.5 | 1840 |
IOC | 120.28 | 125 |
IPCALAB | 1447.05 | 1460 |
IRB | 47.05 | 48 |
IRCTC | 723.3 | 750 |
IRFC | 124.08 | 127.5 |
ITC | 402.3 | 415 |
JINDALSTEL | 876.5 | 860 |
JIOFIN | 230.4 | 235 |
JKCEMENT | 4624.45 | 4700 |
JSL | 614.25 | 620 |
JSWENERGY | 486.7 | 470 |
JSWSTEEL | 969.95 | 970 |
JUBLFOOD | 680.15 | 690 |
KALYANKJIL | 480.65 | 500 |
KEI | 3757.4 | 3600 |
KOTAKBANK | 1948.55 | 1940 |
KPITTECH | 1259.45 | 1360 |
LALPATHLAB | 2602.7 | 2700 |
LAURUSLABS | 530.45 | 550 |
LICHSGFIN | 537.9 | 570 |
LICI | 772.9 | 800 |
LODHA | 1212.4 | 1200 |
LT | 3308.95 | 3350 |
LTF | 134 | 140 |
LTIM | 5111.1 | 5400 |
LTTS | 4862.95 | 5000 |
LUPIN | 1919.45 | 2000 |
M&M | 2690.75 | 2750 |
M&MFIN | 268.75 | 275 |
MANAPPURAM | 207.4 | 195 |
MARICO | 624.7 | 630 |
MARUTI | 12304.9 | 12400 |
MAXHEALTH | 991.85 | 1020 |
MCX | 5505 | 5700 |
METROPOLIS | 1655.8 | 1700 |
MFSL | 1031 | 1060 |
MGL | 1314.5 | 1320 |
MOTHERSON | 126.19 | 130 |
MPHASIS | 2471.05 | 2600 |
MRF | 109155.75 | 110000 |
MUTHOOTFIN | 2156.45 | 2220 |
NATIONALUM | 194.38 | 191 |
NAUKRI | 7294.85 | 7600 |
NAVINFLUOR | 3976.9 | 4100 |
NBCC | 80.36 | 80 |
NCC | 184.05 | 195 |
NESTLEIND | 2227.8 | 2220 |
NHPC | 77.23 | 77 |
NMDC | 66.32 | 66 |
NTPC | 323.15 | 315 |
NYKAA | 164.49 | 170 |
OBEROIRLTY | 1592.4 | 1640 |
OFSS | 8226 | 8500 |
OIL | 381.9 | 400 |
ONGC | 236.05 | 240 |
PAGEIND | 41315.45 | 42000 |
PAYTM | 749.3 | 760 |
PEL | 911 | 960 |
PERSISTENT | 5558.25 | 5700 |
PETRONET | 300.5 | 300 |
PFC | 384 | 390 |
PHOENIXLTD | 1570.5 | 1550 |
PIDILITIND | 2753.65 | 2840 |
PIIND | 3103.9 | 3200 |
PNB | 93.47 | 97 |
POLICYBZR | 1535.55 | 1600 |
POLYCAB | 5778.6 | 5700 |
POONAWALLA | 281.6 | 290 |
POWERGRID | 261.3 | 270 |
PRESTIGE | 1186.3 | 1250 |
PVRINOX | 1011.9 | 1040 |
RAMCOCEM | 845 | 860 |
RBLBANK | 158.08 | 162.5 |
RECLTD | 394.9 | 420 |
RELIANCE | 1215.1 | 1250 |
SAIL | 109.9 | 107.5 |
SBICARD | 832.85 | 835 |
SBILIFE | 1488.75 | 1460 |
SBIN | 714.9 | 740 |
SHREECEM | 28403.15 | 28000 |
SHRIRAMFIN | 577.4 | 580 |
SIEMENS | 4827.55 | 5100 |
SJVN | 91.23 | 90 |
SOLARINDS | 8832.4 | 9000 |
SONACOMS | 505 | 510 |
SRF | 2767.85 | 2800 |
SUNPHARMA | 1648.25 | 1680 |
SUNTV | 580 | 600 |
SUPREMEIND | 3656.55 | 3800 |
SYNGENE | 705.8 | 720 |
TATACHEM | 842.5 | 900 |
TATACOMM | 1421.25 | 1500 |
TATACONSUM | 1006.4 | 1020 |
TATAELXSI | 5864.55 | 6100 |
TATAMOTORS | 673.8 | 700 |
TATAPOWER | 354.4 | 365 |
TATASTEEL | 139.99 | 139 |
TCS | 3714.45 | 3850 |
TECHM | 1628.45 | 1660 |
TIINDIA | 2623.5 | 2750 |
TITAN | 3180.05 | 3300 |
TORNTPHARM | 3039.95 | 3100 |
TORNTPOWER | 1280.6 | 1300 |
TRENT | 4965 | 5200 |
TVSMOTOR | 2347.9 | 2400 |
UBL | 2047.95 | 2040 |
ULTRACEMCO | 11156.7 | 11300 |
UNIONBANK | 115.36 | 115 |
UNITDSPR | 1335.7 | 1360 |
UPL | 644.3 | 610 |
VBL | 473.65 | 490 |
VEDL | 430.2 | 440 |
VOLTAS | 1272.6 | 1300 |
WIPRO | 296.9 | 306.5 |
YESBANK | 17.83 | 19 |
ZOMATO | 224.83 | 225 |
ZYDUSLIFE | 892.55 | 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.