UNIONBANK
Union Bank Of India
Max pain for UNIONBANK
15 Jul 2025 01:23 PM ISTNext Refresh in
Max Pain for UNIONBANK is 147.5
Strike 127.5 has a total call value of 0 versus a total put value of 35,624,568,750 Combined total value = 35,624,568,750
Strike 130 has a total call value of 0 versus a total put value of 30,050,175,000 Combined total value = 30,050,175,000
Strike 132.5 has a total call value of 67,481,250 versus a total put value of 25,148,381,250 Combined total value = 25,215,862,500
Strike 135 has a total call value of 172,575,000 versus a total put value of 20,320,706,250 Combined total value = 20,493,281,250
Strike 137.5 has a total call value of 344,043,750 versus a total put value of 15,872,475,000 Combined total value = 16,216,518,750
Strike 140 has a total call value of 563,081,250 versus a total put value of 11,565,843,750 Combined total value = 12,128,925,000
Strike 142.5 has a total call value of 1,383,918,750 versus a total put value of 8,086,687,500 Combined total value = 9,470,606,250
Strike 145 has a total call value of 2,305,425,000 versus a total put value of 4,742,493,750 Combined total value = 7,047,918,750
Strike 147.5 has a total call value of 3,969,225,000 versus a total put value of 3,015,637,500 Combined total value = 6,984,862,500
Strike 150 has a total call value of 5,908,481,250 versus a total put value of 1,473,525,000 Combined total value = 7,382,006,250
Strike 152.5 has a total call value of 9,822,393,750 versus a total put value of 945,843,750 Combined total value = 10,768,237,500
Strike 155 has a total call value of 14,046,056,250 versus a total put value of 525,468,750 Combined total value = 14,571,525,000
Strike 157.5 has a total call value of 19,875,993,750 versus a total put value of 297,581,250 Combined total value = 20,173,575,000
Strike 160 has a total call value of 26,044,443,750 versus a total put value of 143,812,500 Combined total value = 26,188,256,250
Strike 162.5 has a total call value of 33,472,912,500 versus a total put value of 53,100,000 Combined total value = 33,526,012,500
Strike 165 has a total call value of 40,901,381,250 versus a total put value of 0 Combined total value = 40,901,381,250
Strike 167.5 has a total call value of 48,705,975,000 versus a total put value of 0 Combined total value = 48,705,975,000
Strike 170 has a total call value of 56,510,568,750 versus a total put value of 0 Combined total value = 56,510,568,750
Strike 172.5 has a total call value of 64,758,768,750 versus a total put value of 0 Combined total value = 64,758,768,750
Strike 175 has a total call value of 73,093,256,250 versus a total put value of 0 Combined total value = 73,093,256,250
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1206.2 | 1200 |
| AARTIIND | 451.7 | 455 |
| ABB | 5671 | 5900 |
| ABCAPITAL | 269.65 | 270 |
| ABFRL | 76.86 | 77 |
| ACC | 1975.5 | 1940 |
| ADANIENSOL | 875.7 | 880 |
| ADANIENT | 2594 | 2600 |
| ADANIGREEN | 1034.3 | 1000 |
| ADANIPORTS | 1442.7 | 1420 |
| ALKEM | 4900.3 | 4850 |
| AMBER | 7885 | 7400 |
| AMBUJACEM | 590.35 | 590 |
| ANGELONE | 2690.7 | 2700 |
| APLAPOLLO | 1719.6 | 1740 |
| APOLLOHOSP | 7311 | 7300 |
| ASHOKLEY | 250.85 | 250 |
| ASIANPAINT | 2392.7 | 2400 |
| ASTRAL | 1501.1 | 1500 |
| ATGL | 646.95 | 660 |
| AUBANK | 805.85 | 810 |
| AUROPHARMA | 1152.4 | 1140 |
| AXISBANK | 1166.4 | 1180 |
| BAJAJ-AUTO | 8251.5 | 8390 |
| BAJAJFINSV | 2021.1 | 2020 |
| BAJFINANCE | 920.8 | 930 |
| BALKRISIND | 2675.3 | 2580 |
| BANDHANBNK | 180.26 | 180 |
| BANKBARODA | 243.71 | 245 |
| BANKINDIA | 115.39 | 115.95 |
| BDL | 1821.3 | 1900 |
| BEL | 408.8 | 415 |
| BHARATFORG | 1236.2 | 1260 |
| BHARTIARTL | 1932.8 | 1960 |
| BHEL | 256.45 | 260 |
| BIOCON | 390.45 | 370 |
| BLUESTARCO | 1884.9 | 1800 |
| BOSCHLTD | 38450 | 36000 |
| BPCL | 347.5 | 340 |
| BRITANNIA | 5782 | 5800 |
| BSE | 2532.9 | 2600 |
| BSOFT | 430.85 | 430 |
| CAMS | 4233 | 4200 |
| CANBK | 114.68 | 114 |
| CDSL | 1696.1 | 1740 |
| CESC | 180.8 | 175 |
| CGPOWER | 677.5 | 670 |
| CHAMBLFERT | 552.2 | 560 |
| CHOLAFIN | 1540.3 | 1560 |
| CIPLA | 1489 | 1500 |
| COALINDIA | 385.5 | 395 |
| COFORGE | 1892.2 | 1880 |
| COLPAL | 2402.8 | 2400 |
| CONCOR | 621.7 | 616 |
| CROMPTON | 344.5 | 350 |
| CUMMINSIND | 3577 | 3400 |
| CYIENT | 1308.9 | 1300 |
| DABUR | 523.6 | 515 |
| DALBHARAT | 2175.4 | 2180 |
| DELHIVERY | 416.2 | 400 |
| DIVISLAB | 6751 | 6800 |
| DIXON | 15823 | 15250 |
| DLF | 834.35 | 840 |
| DMART | 4035 | 4100 |
| DRREDDY | 1254.1 | 1280 |
| EICHERMOT | 5585 | 5600 |
| ETERNAL | 267.4 | 260 |
| EXIDEIND | 386.15 | 390 |
| FEDERALBNK | 211.4 | 212.5 |
| FORTIS | 800.05 | 780 |
| GAIL | 184.05 | 190 |
| GLENMARK | 2218.1 | 2000 |
| GMRAIRPORT | 91.05 | 90 |
| GODREJCP | 1268.7 | 1260 |
| GODREJPROP | 2267.6 | 2300 |
| GRANULES | 492 | 490 |
| GRASIM | 2783.2 | 2800 |
| HAL | 4900 | 4900 |
| HAVELLS | 1535.4 | 1560 |
| HCLTECH | 1574.7 | 1600 |
| HDFCAMC | 5212.5 | 5100 |
| HDFCBANK | 2001.9 | 2000 |
| HDFCLIFE | 754.3 | 770 |
| HEROMOTOCO | 4437 | 4300 |
| HFCL | 82.43 | 85 |
| HINDALCO | 671.45 | 680 |
| HINDCOPPER | 262.9 | 265 |
| HINDPETRO | 430.05 | 430 |
| HINDUNILVR | 2519.8 | 2440 |
| HINDZINC | 437.85 | 450 |
| HUDCO | 233.41 | 235 |
| ICICIBANK | 1425.1 | 1430 |
| ICICIGI | 1994.1 | 2020 |
| ICICIPRULI | 666 | 660 |
| IDEA | 7.65 | 7 |
| IDFCFIRSTB | 73.32 | 75 |
| IEX | 208.46 | 200 |
| IGL | 219.7 | 215 |
| IIFL | 523.35 | 500 |
| INDHOTEL | 740 | 750 |
| INDIANB | 634.4 | 630 |
| INDIGO | 5935 | 5800 |
| INDUSINDBK | 878.4 | 860 |
| INDUSTOWER | 405.25 | 405 |
| INFY | 1585.9 | 1600 |
| INOXWIND | 173 | 175 |
| IOC | 150.6 | 150 |
| IRB | 48.51 | 49 |
| IRCTC | 771.5 | 780 |
| IREDA | 159.85 | 162.5 |
| IRFC | 135.25 | 140 |
| ITC | 421.45 | 420 |
| JINDALSTEL | 943.95 | 950 |
| JIOFIN | 320.65 | 320 |
| JSL | 687.9 | 690 |
| JSWENERGY | 527.45 | 510 |
| JSWSTEEL | 1035.2 | 1030 |
| JUBLFOOD | 685.75 | 690 |
| KALYANKJIL | 588 | 570 |
| KAYNES | 5972 | 6000 |
| KEI | 3886.8 | 3800 |
| KFINTECH | 1293 | 1300 |
| KOTAKBANK | 2200.4 | 2200 |
| KPITTECH | 1293.3 | 1280 |
| LAURUSLABS | 822.5 | 780 |
| LICHSGFIN | 615.7 | 610 |
| LICI | 922.2 | 930 |
| LODHA | 1431.3 | 1400 |
| LT | 3494.8 | 3560 |
| LTF | 204.6 | 200 |
| LTIM | 5241 | 5300 |
| LUPIN | 1954.7 | 1940 |
| M&M | 3138.9 | 3200 |
| M&MFIN | 264.5 | 263.5 |
| MANAPPURAM | 267.55 | 270 |
| MANKIND | 2646.2 | 2500 |
| MARICO | 734 | 730 |
| MARUTI | 12523 | 12600 |
| MAXHEALTH | 1257.5 | 1260 |
| MAZDOCK | 3111.8 | 3200 |
| MCX | 8325 | 8400 |
| MFSL | 1570.8 | 1600 |
| MGL | 1469.1 | 1500 |
| MOTHERSON | 156.89 | 155 |
| MPHASIS | 2876.5 | 2843 |
| MUTHOOTFIN | 2648.4 | 2600 |
| NATIONALUM | 190.26 | 190 |
| NAUKRI | 1397.2 | 1420 |
| NBCC | 114.86 | 118 |
| NCC | 228.28 | 225 |
| NESTLEIND | 2410.4 | 2400 |
| NHPC | 87.75 | 86 |
| NMDC | 68.03 | 70 |
| NTPC | 342.85 | 340 |
| NYKAA | 217.06 | 210 |
| OBEROIRLTY | 1825 | 1860 |
| OFSS | 8773 | 9000 |
| OIL | 442.1 | 450 |
| ONGC | 243.94 | 242.5 |
| PAGEIND | 48990 | 48000 |
| PATANJALI | 1707 | 1700 |
| PAYTM | 992.35 | 960 |
| PEL | 1321 | 1260 |
| PERSISTENT | 5589 | 5700 |
| PETRONET | 309 | 310 |
| PFC | 424.9 | 420 |
| PGEL | 808.75 | 780 |
| PHOENIXLTD | 1495.9 | 1500 |
| PIDILITIND | 2990.5 | 3000 |
| PIIND | 4142 | 4100 |
| PNB | 112.31 | 110 |
| PNBHOUSING | 1089.2 | 1100 |
| POLICYBZR | 1851.2 | 1850 |
| POLYCAB | 6935 | 6600 |
| POONAWALLA | 454.5 | 450 |
| POWERGRID | 298.65 | 300 |
| PPLPHARMA | 214.85 | 205 |
| PRESTIGE | 1735 | 1700 |
| RBLBANK | 264.5 | 247.5 |
| RECLTD | 400.85 | 400 |
| RELIANCE | 1487.6 | 1500 |
| RVNL | 383.1 | 390 |
| SAIL | 134.21 | 135 |
| SBICARD | 895.35 | 920 |
| SBILIFE | 1828.5 | 1840 |
| SBIN | 816 | 810 |
| SHREECEM | 30860 | 31000 |
| SHRIRAMFIN | 676.8 | 680 |
| SIEMENS | 3140.5 | 3200 |
| SJVN | 98.62 | 99 |
| SOLARINDS | 15350 | 16000 |
| SONACOMS | 454 | 470 |
| SRF | 3193.9 | 3200 |
| SUNPHARMA | 1725.7 | 1700 |
| SUPREMEIND | 4218.3 | 4300 |
| SYNGENE | 653.25 | 650 |
| TATACHEM | 931.6 | 940 |
| TATACOMM | 1719.5 | 1740 |
| TATACONSUM | 1081.5 | 1100 |
| TATAELXSI | 6344 | 6200 |
| TATAMOTORS | 683.9 | 700 |
| TATAPOWER | 401.9 | 405 |
| TATASTEEL | 159.44 | 160 |
| TATATECH | 727.45 | 720 |
| TCS | 3250 | 3300 |
| TECHM | 1574.2 | 1600 |
| TIINDIA | 2921.6 | 3000 |
| TITAGARH | 943.95 | 940 |
| TITAN | 3409.3 | 3450 |
| TORNTPHARM | 3441.9 | 3350 |
| TORNTPOWER | 1392.3 | 1420 |
| TRENT | 5360 | 5600 |
| TVSMOTOR | 2882 | 2880 |
| ULTRACEMCO | 12525 | 12300 |
| UNIONBANK | 146.28 | 147.5 |
| UNITDSPR | 1368.4 | 1400 |
| UNOMINDA | 1104.1 | 1100 |
| UPL | 668.15 | 650 |
| VBL | 468.6 | 460 |
| VEDL | 449.5 | 450 |
| VOLTAS | 1391 | 1360 |
| WIPRO | 257.7 | 260 |
| YESBANK | 20.27 | 20 |
| ZYDUSLIFE | 970.4 | 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.
