UNIONBANK
Union Bank Of India
Max pain for UNIONBANK
17 Feb 2025 04:14 PM IST
Max Pain for UNIONBANK is 110
Strike 92 has a total call value of 0 versus a total put value of 36,101,362,500 Combined total value = 36,101,362,500
Strike 93 has a total call value of 0 versus a total put value of 33,904,792,500 Combined total value = 33,904,792,500
Strike 94 has a total call value of 0 versus a total put value of 31,708,222,500 Combined total value = 31,708,222,500
Strike 95 has a total call value of 0 versus a total put value of 29,512,095,000 Combined total value = 29,512,095,000
Strike 96 has a total call value of 0 versus a total put value of 27,371,280,000 Combined total value = 27,371,280,000
Strike 97 has a total call value of 0 versus a total put value of 25,236,660,000 Combined total value = 25,236,660,000
Strike 98 has a total call value of 0 versus a total put value of 23,102,040,000 Combined total value = 23,102,040,000
Strike 99 has a total call value of 0 versus a total put value of 20,983,350,000 Combined total value = 20,983,350,000
Strike 100 has a total call value of 0 versus a total put value of 18,864,660,000 Combined total value = 18,864,660,000
Strike 101 has a total call value of 26,550,000 versus a total put value of 16,920,757,500 Combined total value = 16,947,307,500
Strike 102 has a total call value of 53,100,000 versus a total put value of 14,991,900,000 Combined total value = 15,045,000,000
Strike 103 has a total call value of 79,650,000 versus a total put value of 13,093,575,000 Combined total value = 13,173,225,000
Strike 104 has a total call value of 106,200,000 versus a total put value of 11,225,782,500 Combined total value = 11,331,982,500
Strike 105 has a total call value of 132,750,000 versus a total put value of 9,397,372,500 Combined total value = 9,530,122,500
Strike 106 has a total call value of 209,302,500 versus a total put value of 8,008,807,500 Combined total value = 8,218,110,000
Strike 107 has a total call value of 294,262,500 versus a total put value of 6,660,952,500 Combined total value = 6,955,215,000
Strike 108 has a total call value of 388,072,500 versus a total put value of 5,368,410,000 Combined total value = 5,756,482,500
Strike 109 has a total call value of 875,707,500 versus a total put value of 4,332,517,500 Combined total value = 5,208,225,000
Strike 110 has a total call value of 1,393,432,500 versus a total put value of 3,323,617,500 Combined total value = 4,717,050,000
Strike 111 has a total call value of 2,236,837,500 versus a total put value of 2,808,990,000 Combined total value = 5,045,827,500
Strike 112 has a total call value of 3,108,562,500 versus a total put value of 2,315,602,500 Combined total value = 5,424,165,000
Strike 113 has a total call value of 4,029,847,500 versus a total put value of 1,864,252,500 Combined total value = 5,894,100,000
Strike 114 has a total call value of 5,013,525,000 versus a total put value of 1,470,870,000 Combined total value = 6,484,395,000
Strike 115 has a total call value of 6,040,567,500 versus a total put value of 1,128,375,000 Combined total value = 7,168,942,500
Strike 116 has a total call value of 7,437,097,500 versus a total put value of 886,770,000 Combined total value = 8,323,867,500
Strike 117 has a total call value of 8,883,187,500 versus a total put value of 671,272,500 Combined total value = 9,554,460,000
Strike 118 has a total call value of 10,402,290,000 versus a total put value of 455,775,000 Combined total value = 10,858,065,000
Strike 119 has a total call value of 11,993,077,500 versus a total put value of 240,277,500 Combined total value = 12,233,355,000
Strike 120 has a total call value of 13,671,922,500 versus a total put value of 68,145,000 Combined total value = 13,740,067,500
Strike 121 has a total call value of 15,787,515,000 versus a total put value of 40,710,000 Combined total value = 15,828,225,000
Strike 122 has a total call value of 17,992,492,500 versus a total put value of 13,275,000 Combined total value = 18,005,767,500
Strike 123 has a total call value of 20,276,677,500 versus a total put value of 885,000 Combined total value = 20,277,562,500
Strike 124 has a total call value of 22,620,157,500 versus a total put value of 0 Combined total value = 22,620,157,500
Strike 125 has a total call value of 25,014,967,500 versus a total put value of 0 Combined total value = 25,014,967,500
Strike 126 has a total call value of 27,662,002,500 versus a total put value of 0 Combined total value = 27,662,002,500
Strike 127 has a total call value of 30,364,792,500 versus a total put value of 0 Combined total value = 30,364,792,500
Strike 128 has a total call value of 33,067,582,500 versus a total put value of 0 Combined total value = 33,067,582,500
Strike 129 has a total call value of 35,803,117,500 versus a total put value of 0 Combined total value = 35,803,117,500
Strike 130 has a total call value of 38,538,652,500 versus a total put value of 0 Combined total value = 38,538,652,500
Strike 131 has a total call value of 41,524,642,500 versus a total put value of 0 Combined total value = 41,524,642,500
Strike 132 has a total call value of 44,510,632,500 versus a total put value of 0 Combined total value = 44,510,632,500
Strike 133 has a total call value of 47,496,622,500 versus a total put value of 0 Combined total value = 47,496,622,500
Strike 134 has a total call value of 50,482,612,500 versus a total put value of 0 Combined total value = 50,482,612,500
Strike 135 has a total call value of 53,468,602,500 versus a total put value of 0 Combined total value = 53,468,602,500
Strike 136 has a total call value of 56,482,027,500 versus a total put value of 0 Combined total value = 56,482,027,500
Strike 137 has a total call value of 59,495,452,500 versus a total put value of 0 Combined total value = 59,495,452,500
Strike 138 has a total call value of 62,508,877,500 versus a total put value of 0 Combined total value = 62,508,877,500
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 418.3 | 440 |
ABB | 5241.9 | 5400 |
ABBOTINDIA | 28569.5 | 28000 |
ABCAPITAL | 153.97 | 170 |
ABFRL | 255.55 | 265 |
ACC | 1911.5 | 2040 |
ADANIENSOL | 702 | 740 |
ADANIENT | 2223.7 | 2340 |
ADANIGREEN | 890.35 | 900 |
ADANIPORTS | 1082.9 | 1100 |
ALKEM | 4794.3 | 4800 |
AMBUJACEM | 488.3 | 505 |
ANGELONE | 2211.6 | 2300 |
APLAPOLLO | 1333.75 | 1440 |
APOLLOHOSP | 6300.2 | 6400 |
APOLLOTYRE | 416.3 | 420 |
ASHOKLEY | 223.61 | 217.5 |
ASIANPAINT | 2250.85 | 2280 |
ASTRAL | 1384.5 | 1440 |
ATGL | 574.45 | 600 |
ATUL | 5402.85 | 5600 |
AUBANK | 522.05 | 550 |
AUROPHARMA | 1169.6 | 1180 |
AXISBANK | 992.95 | 1000 |
BAJAJ-AUTO | 8537.15 | 8800 |
BAJAJFINSV | 1894.85 | 1820 |
BAJFINANCE | 8426.6 | 8200 |
BALKRISIND | 2670.55 | 2700 |
BANDHANBNK | 132.82 | 150 |
BANKBARODA | 206.96 | 220 |
BANKINDIA | 99.03 | 100 |
BATAINDIA | 1296.3 | 1340 |
BEL | 248.5 | 265 |
BERGEPAINT | 483.7 | 480 |
BHARATFORG | 1082.65 | 1100 |
BHARTIARTL | 1675.55 | 1680 |
BHEL | 193.47 | 200 |
BIOCON | 347.55 | 360 |
BOSCHLTD | 26911.25 | 29000 |
BPCL | 252.3 | 260 |
BRITANNIA | 4963.7 | 4950 |
BSE | 5208.7 | 5300 |
BSOFT | 477.5 | 500 |
CAMS | 3381.8 | 3500 |
CANBK | 85.09 | 91 |
CANFINHOME | 608.85 | 640 |
CDSL | 1206.95 | 1240 |
CESC | 125.92 | 130 |
CGPOWER | 583 | 590 |
CHAMBLFERT | 542.8 | 530 |
CHOLAFIN | 1356.95 | 1340 |
CIPLA | 1474.65 | 1460 |
COALINDIA | 360.1 | 375 |
COFORGE | 7683.95 | 8100 |
COLPAL | 2462.4 | 2560 |
CONCOR | 703.35 | 740 |
COROMANDEL | 1707.55 | 1800 |
CROMPTON | 332.6 | 345 |
CUB | 160.85 | 165 |
CUMMINSIND | 2721.45 | 2800 |
CYIENT | 1439.3 | 1420 |
DABUR | 520.55 | 530 |
DALBHARAT | 1808.15 | 1820 |
DEEPAKNTR | 1898.5 | 2000 |
DELHIVERY | 267.35 | 280 |
DIVISLAB | 5923.75 | 5950 |
DIXON | 14199.5 | 14500 |
DLF | 674.75 | 700 |
DMART | 3621.5 | 3750 |
DRREDDY | 1198.95 | 1200 |
EICHERMOT | 4745.2 | 4950 |
ESCORTS | 2972.15 | 3150 |
EXIDEIND | 361.8 | 375 |
FEDERALBNK | 181.54 | 185 |
GAIL | 160.17 | 166 |
GLENMARK | 1373.8 | 1380 |
GMRAIRPORT | 70.26 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 557.1 | 560 |
GODREJCP | 1039.25 | 1070 |
GODREJPROP | 1974.05 | 2100 |
GRANULES | 522.25 | 540 |
GRASIM | 2463.85 | 2500 |
GUJGASLTD | 391.45 | 415 |
HAL | 3475.7 | 3650 |
HAVELLS | 1532.55 | 1560 |
HCLTECH | 1709.9 | 1720 |
HDFCAMC | 3730.55 | 3800 |
HDFCBANK | 1717.35 | 1700 |
HDFCLIFE | 623.25 | 630 |
HEROMOTOCO | 3876.45 | 4050 |
HFCL | 87.03 | 95 |
HINDALCO | 610.85 | 600 |
HINDCOPPER | 215.33 | 235 |
HINDPETRO | 318.1 | 330 |
HINDUNILVR | 2329.4 | 2380 |
HUDCO | 183.21 | 195 |
ICICIBANK | 1251.15 | 1250 |
ICICIGI | 1725.05 | 1800 |
ICICIPRULI | 575.2 | 600 |
IDEA | 8.27 | 9 |
IDFCFIRSTB | 61.5 | 62 |
IEX | 167.21 | 172.5 |
IGL | 190.25 | 195 |
INDHOTEL | 721.65 | 750 |
INDIAMART | 2102.4 | 2120 |
INDIANB | 517.55 | 530 |
INDIGO | 4303 | 4300 |
INDUSINDBK | 1048.25 | 1040 |
INDUSTOWER | 339.3 | 355 |
INFY | 1842.3 | 1880 |
IOC | 118.45 | 125 |
IPCALAB | 1476.75 | 1480 |
IRB | 47.7 | 49 |
IRCTC | 725.45 | 760 |
IRFC | 121.78 | 130 |
ITC | 408.6 | 420 |
JINDALSTEL | 837.65 | 840 |
JIOFIN | 222.45 | 235 |
JKCEMENT | 4637.9 | 4800 |
JSL | 590.3 | 610 |
JSWENERGY | 431.5 | 460 |
JSWSTEEL | 973.55 | 960 |
JUBLFOOD | 681.65 | 680 |
KALYANKJIL | 507.05 | 500 |
KEI | 3447.25 | 3500 |
KOTAKBANK | 1945.3 | 1920 |
KPITTECH | 1310.4 | 1400 |
LALPATHLAB | 2629.5 | 2800 |
LAURUSLABS | 555.5 | 580 |
LICHSGFIN | 538.5 | 570 |
LICI | 765.15 | 800 |
LODHA | 1167.8 | 1200 |
LT | 3221.85 | 3350 |
LTF | 136.04 | 145 |
LTIM | 5472.6 | 5700 |
LTTS | 4816.9 | 5100 |
LUPIN | 2026.95 | 2040 |
M&M | 2831.95 | 2950 |
M&MFIN | 276.85 | 280 |
MANAPPURAM | 193.29 | 195 |
MARICO | 624.75 | 640 |
MARUTI | 12762.9 | 12700 |
MAXHEALTH | 1014.65 | 1020 |
MCX | 5550.5 | 5700 |
METROPOLIS | 1680.35 | 1740 |
MFSL | 1065.65 | 1100 |
MGL | 1277.4 | 1320 |
MOTHERSON | 124.79 | 130 |
MPHASIS | 2591.35 | 2700 |
MRF | 109984 | 110000 |
MUTHOOTFIN | 2243.9 | 2260 |
NATIONALUM | 180.74 | 186 |
NAUKRI | 7338.9 | 7700 |
NAVINFLUOR | 4108.1 | 4100 |
NBCC | 82.02 | 85 |
NCC | 190.8 | 200 |
NESTLEIND | 2216.5 | 2220 |
NHPC | 73.21 | 74 |
NMDC | 62.56 | 65 |
NTPC | 302.35 | 310 |
NYKAA | 173.49 | 170 |
OBEROIRLTY | 1590.25 | 1620 |
OFSS | 8797.15 | 9000 |
OIL | 400.55 | 410 |
ONGC | 233.65 | 240 |
PAGEIND | 40921.4 | 43000 |
PAYTM | 733 | 740 |
PEL | 926.05 | 1000 |
PERSISTENT | 5531.3 | 5800 |
PETRONET | 284.9 | 295 |
PFC | 372.35 | 400 |
PHOENIXLTD | 1545.05 | 1600 |
PIDILITIND | 2781.7 | 2860 |
PIIND | 3118.6 | 3300 |
PNB | 93.18 | 97 |
POLICYBZR | 1494.35 | 1600 |
POLYCAB | 5414.2 | 5600 |
POONAWALLA | 285.3 | 300 |
POWERGRID | 263.2 | 265 |
PRESTIGE | 1240.4 | 1300 |
PVRINOX | 1006.55 | 1060 |
RAMCOCEM | 860.75 | 880 |
RBLBANK | 155.8 | 162.5 |
RECLTD | 389.1 | 420 |
RELIANCE | 1224.9 | 1250 |
SAIL | 105.33 | 107.5 |
SBICARD | 853.1 | 840 |
SBILIFE | 1476.2 | 1460 |
SBIN | 727.7 | 750 |
SHREECEM | 28309.15 | 28000 |
SHRIRAMFIN | 550.35 | 550 |
SIEMENS | 4859.3 | 5100 |
SJVN | 88.62 | 90 |
SOLARINDS | 8619.35 | 9000 |
SONACOMS | 487.3 | 510 |
SRF | 2747.8 | 2800 |
SUNPHARMA | 1714.2 | 1720 |
SUNTV | 585.3 | 600 |
SUPREMEIND | 3627.8 | 3800 |
SYNGENE | 700.9 | 730 |
TATACHEM | 854.5 | 920 |
TATACOMM | 1507.45 | 1600 |
TATACONSUM | 1023.25 | 1020 |
TATAELXSI | 6146.85 | 6200 |
TATAMOTORS | 686.6 | 700 |
TATAPOWER | 337.2 | 360 |
TATASTEEL | 134.29 | 135 |
TCS | 3904.5 | 4000 |
TECHM | 1664.95 | 1680 |
TIINDIA | 2603.6 | 2750 |
TITAN | 3233.2 | 3300 |
TORNTPHARM | 3078 | 3100 |
TORNTPOWER | 1239.35 | 1300 |
TRENT | 5096.45 | 5300 |
TVSMOTOR | 2365.7 | 2500 |
UBL | 2028.15 | 2040 |
ULTRACEMCO | 11490.1 | 11400 |
UNIONBANK | 109.01 | 110 |
UNITDSPR | 1349.7 | 1400 |
UPL | 632.2 | 610 |
VBL | 474.55 | 510 |
VEDL | 415.15 | 430 |
VOLTAS | 1241.6 | 1300 |
WIPRO | 305.35 | 307.5 |
YESBANK | 17.66 | 19 |
ZOMATO | 218.53 | 220 |
ZYDUSLIFE | 923.9 | 950 |
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.