VEDL
Vedanta Limited
Max pain for VEDL
17 Jun 2025 04:12 PM IST
Max Pain for VEDL is 450
Strike 320 has a total call value of 0 versus a total put value of 204,727,600,000 Combined total value = 204,727,600,000
Strike 330 has a total call value of 0 versus a total put value of 187,605,250,000 Combined total value = 187,605,250,000
Strike 340 has a total call value of 0 versus a total put value of 170,482,900,000 Combined total value = 170,482,900,000
Strike 350 has a total call value of 8,050,000 versus a total put value of 153,360,550,000 Combined total value = 153,368,600,000
Strike 360 has a total call value of 16,100,000 versus a total put value of 136,238,200,000 Combined total value = 136,254,300,000
Strike 370 has a total call value of 24,150,000 versus a total put value of 119,640,250,000 Combined total value = 119,664,400,000
Strike 380 has a total call value of 32,200,000 versus a total put value of 103,042,300,000 Combined total value = 103,074,500,000
Strike 390 has a total call value of 40,250,000 versus a total put value of 86,917,000,000 Combined total value = 86,957,250,000
Strike 400 has a total call value of 48,300,000 versus a total put value of 71,222,950,000 Combined total value = 71,271,250,000
Strike 410 has a total call value of 345,000,000 versus a total put value of 56,959,500,000 Combined total value = 57,304,500,000
Strike 420 has a total call value of 775,100,000 versus a total put value of 43,595,350,000 Combined total value = 44,370,450,000
Strike 430 has a total call value of 1,557,100,000 versus a total put value of 31,966,550,000 Combined total value = 33,523,650,000
Strike 440 has a total call value of 3,082,000,000 versus a total put value of 21,986,850,000 Combined total value = 25,068,850,000
Strike 450 has a total call value of 6,150,200,000 versus a total put value of 14,049,550,000 Combined total value = 20,199,750,000
Strike 460 has a total call value of 11,924,350,000 versus a total put value of 9,247,150,000 Combined total value = 21,171,500,000
Strike 470 has a total call value of 22,050,100,000 versus a total put value of 6,107,650,000 Combined total value = 28,157,750,000
Strike 480 has a total call value of 36,834,500,000 versus a total put value of 3,668,500,000 Combined total value = 40,503,000,000
Strike 490 has a total call value of 56,391,400,000 versus a total put value of 1,703,150,000 Combined total value = 58,094,550,000
Strike 500 has a total call value of 77,304,150,000 versus a total put value of 92,000,000 Combined total value = 77,396,150,000
Strike 510 has a total call value of 102,728,350,000 versus a total put value of 46,000,000 Combined total value = 102,774,350,000
Strike 520 has a total call value of 128,312,400,000 versus a total put value of 0 Combined total value = 128,312,400,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 455.6 | 470 |
| ABB | 6034.5 | 6000 |
| ABCAPITAL | 255.11 | 242.5 |
| ABFRL | 74.7 | 80 |
| ACC | 1860.7 | 1900 |
| ADANIENSOL | 848.85 | 880 |
| ADANIENT | 2488.5 | 2600 |
| ADANIGREEN | 977.5 | 1020 |
| ADANIPORTS | 1392.3 | 1420 |
| ALKEM | 4813 | 4900 |
| AMBUJACEM | 550.9 | 565 |
| ANGELONE | 2873.6 | 3000 |
| APLAPOLLO | 1833.4 | 1840 |
| APOLLOHOSP | 7006.5 | 7000 |
| ASHOKLEY | 234.52 | 240 |
| ASIANPAINT | 2264.8 | 2260 |
| ASTRAL | 1564 | 1520 |
| ATGL | 646.85 | 680 |
| AUBANK | 773.15 | 760 |
| AUROPHARMA | 1109.7 | 1160 |
| AXISBANK | 1215.1 | 1200 |
| BAJAJ-AUTO | 8494.5 | 8600 |
| BAJAJFINSV | 2003.3 | 2000 |
| BAJFINANCE | 923 | 930 |
| BALKRISIND | 2447.7 | 2480 |
| BANDHANBNK | 175.01 | 175 |
| BANKBARODA | 238.04 | 241.65 |
| BANKINDIA | 119.65 | 120 |
| BDL | 1903.4 | 1900 |
| BEL | 401.75 | 390 |
| BHARATFORG | 1300.5 | 1300 |
| BHARTIARTL | 1854.8 | 1860 |
| BHEL | 252.35 | 255 |
| BIOCON | 352.65 | 350 |
| BLUESTARCO | 1669.9 | 1600 |
| BOSCHLTD | 32215 | 32000 |
| BPCL | 312.8 | 320 |
| BRITANNIA | 5568.5 | 5550 |
| BSE | 2664.4 | 2700 |
| BSOFT | 423.15 | 420 |
| CAMS | 4181.4 | 4150 |
| CANBK | 109.23 | 110 |
| CDSL | 1686.8 | 1700 |
| CESC | 163 | 167.5 |
| CGPOWER | 694.1 | 690 |
| CHAMBLFERT | 555.45 | 560 |
| CHOLAFIN | 1555.2 | 1580 |
| CIPLA | 1503.5 | 1500 |
| COALINDIA | 391.3 | 400 |
| COFORGE | 1840.5 | 1760 |
| COLPAL | 2382 | 2440 |
| CONCOR | 750.75 | 770 |
| CROMPTON | 349.55 | 350 |
| CUMMINSIND | 3316.5 | 3300 |
| CYIENT | 1331.6 | 1340 |
| DABUR | 472.05 | 480 |
| DALBHARAT | 2062 | 2080 |
| DELHIVERY | 358.75 | 365 |
| DIVISLAB | 6538 | 6650 |
| DIXON | 14243 | 14750 |
| DLF | 851.45 | 840 |
| DMART | 4059.1 | 4100 |
| DRREDDY | 1318.8 | 1300 |
| EICHERMOT | 5341 | 5350 |
| ETERNAL | 247.25 | 250 |
| EXIDEIND | 382.95 | 390 |
| FEDERALBNK | 204.77 | 207.5 |
| FORTIS | 761.55 | 750 |
| GAIL | 190.47 | 195 |
| GLENMARK | 1653.2 | 1600 |
| GMRAIRPORT | 82.76 | 85 |
| GODREJCP | 1195.6 | 1220 |
| GODREJPROP | 2455.7 | 2400 |
| GRANULES | 498.15 | 520 |
| GRASIM | 2671.4 | 2680 |
| HAL | 5047.3 | 5000 |
| HAVELLS | 1528.6 | 1560 |
| HCLTECH | 1729.6 | 1680 |
| HDFCAMC | 4983.9 | 4960 |
| HDFCBANK | 1929.6 | 1940 |
| HDFCLIFE | 773.95 | 760 |
| HEROMOTOCO | 4371 | 4300 |
| HFCL | 81.91 | 87 |
| HINDALCO | 641.7 | 650 |
| HINDCOPPER | 252.71 | 250 |
| HINDPETRO | 393.25 | 400 |
| HINDUNILVR | 2328.6 | 2340 |
| HINDZINC | 486.35 | 500 |
| HUDCO | 224.7 | 235 |
| ICICIBANK | 1423.2 | 1440 |
| ICICIGI | 1916.6 | 1940 |
| ICICIPRULI | 640.3 | 640 |
| IDEA | 6.6 | 7 |
| IDFCFIRSTB | 70.15 | 70 |
| IEX | 186.76 | 195 |
| IGL | 208.91 | 210 |
| IIFL | 487.65 | 480 |
| INDHOTEL | 756.65 | 770 |
| INDIANB | 634.05 | 623.75 |
| INDIGO | 5310.5 | 5400 |
| INDUSINDBK | 809.15 | 820 |
| INDUSTOWER | 392.1 | 390 |
| INFY | 1639.9 | 1600 |
| INOXWIND | 169.17 | 180 |
| IOC | 141.68 | 144 |
| IRB | 49.3 | 51 |
| IRCTC | 768.7 | 780 |
| IREDA | 164.97 | 175 |
| IRFC | 137.83 | 140 |
| ITC | 417.4 | 420 |
| JINDALSTEL | 891 | 930 |
| JIOFIN | 289.8 | 295 |
| JSL | 687.15 | 690 |
| JSWENERGY | 503.35 | 510 |
| JSWSTEEL | 999.65 | 1000 |
| JUBLFOOD | 677.65 | 680 |
| KALYANKJIL | 514.55 | 540 |
| KAYNES | 5644 | 5600 |
| KEI | 3612.7 | 3650 |
| KOTAKBANK | 2136.8 | 2120 |
| KPITTECH | 1400.6 | 1380 |
| LAURUSLABS | 660.55 | 650 |
| LICHSGFIN | 600.75 | 600 |
| LICI | 947.45 | 950 |
| LODHA | 1446 | 1460 |
| LT | 3622.3 | 3620 |
| LTF | 190.04 | 185 |
| LTIM | 5514.5 | 5400 |
| LUPIN | 1944 | 2000 |
| M&M | 3007.2 | 3050 |
| M&MFIN | 269.3 | 270 |
| MANAPPURAM | 269.92 | 240 |
| MANKIND | 2353.2 | 2400 |
| MARICO | 686.85 | 700 |
| MARUTI | 12595 | 12400 |
| MAXHEALTH | 1226.8 | 1220 |
| MAZDOCK | 3305.9 | 3300 |
| MCX | 7925.5 | 7600 |
| MFSL | 1585.8 | 1540 |
| MGL | 1433.5 | 1380 |
| MOTHERSON | 150.8 | 155 |
| MPHASIS | 2693.4 | 2620 |
| MUTHOOTFIN | 2645.7 | 2500 |
| NATIONALUM | 185.17 | 190 |
| NAUKRI | 1475.4 | 1500 |
| NBCC | 120.14 | 120 |
| NCC | 225.77 | 232.5 |
| NESTLEIND | 2362 | 2380 |
| NHPC | 85.07 | 88 |
| NMDC | 68.63 | 71 |
| NTPC | 335.2 | 340 |
| NYKAA | 194.06 | 197.5 |
| OBEROIRLTY | 1911.2 | 1880 |
| OFSS | 9732.5 | 9400 |
| OIL | 478.2 | 460 |
| ONGC | 252.31 | 250 |
| PAGEIND | 45830 | 46000 |
| PATANJALI | 1657.8 | 1700 |
| PAYTM | 865.15 | 880 |
| PEL | 1127.2 | 1140 |
| PERSISTENT | 6068 | 5800 |
| PETRONET | 297.1 | 310 |
| PFC | 403.1 | 420 |
| PHOENIXLTD | 1613.5 | 1600 |
| PIDILITIND | 3018.3 | 3020 |
| PIIND | 4172.3 | 4050 |
| PNB | 105.88 | 107 |
| PNBHOUSING | 1061.2 | 1080 |
| POLICYBZR | 1950.1 | 1880 |
| POLYCAB | 6041.5 | 6000 |
| POONAWALLA | 420.9 | 420 |
| POWERGRID | 288.55 | 292.5 |
| PPLPHARMA | 195.26 | 200 |
| PRESTIGE | 1694.7 | 1620 |
| RBLBANK | 218.65 | 220 |
| RECLTD | 399.15 | 410 |
| RELIANCE | 1431.2 | 1440 |
| RVNL | 400.65 | 410 |
| SAIL | 126.91 | 130 |
| SBICARD | 991 | 970 |
| SBILIFE | 1800.2 | 1800 |
| SBIN | 792.3 | 810 |
| SHREECEM | 29620 | 29750 |
| SHRIRAMFIN | 665 | 670 |
| SIEMENS | 3321.6 | 3300 |
| SJVN | 97.5 | 100 |
| SOLARINDS | 17155 | 16750 |
| SONACOMS | 479.95 | 500 |
| SRF | 3096.4 | 3050 |
| SUNPHARMA | 1650.2 | 1680 |
| SUPREMEIND | 4644.4 | 4500 |
| SYNGENE | 649.15 | 650 |
| TATACHEM | 935.2 | 930 |
| TATACOMM | 1709.6 | 1700 |
| TATACONSUM | 1071.6 | 1090 |
| TATAELXSI | 6418 | 6400 |
| TATAMOTORS | 674.75 | 700 |
| TATAPOWER | 396.05 | 405 |
| TATASTEEL | 152.6 | 155 |
| TATATECH | 739.3 | 760 |
| TCS | 3515.3 | 3480 |
| TECHM | 1718.6 | 1660 |
| TIINDIA | 2904.1 | 3000 |
| TITAGARH | 885.1 | 920 |
| TITAN | 3405.7 | 3480 |
| TORNTPHARM | 3255.4 | 3200 |
| TORNTPOWER | 1406.8 | 1420 |
| TRENT | 5626.5 | 5700 |
| TVSMOTOR | 2777.2 | 2780 |
| ULTRACEMCO | 11383 | 11300 |
| UNIONBANK | 144.96 | 147.5 |
| UNITDSPR | 1474.8 | 1500 |
| UNOMINDA | 1049.5 | 1060 |
| UPL | 646.1 | 640 |
| USDINR | 86.37 | 85.5 |
| VBL | 470.35 | 480 |
| VEDL | 458.95 | 450 |
| VOLTAS | 1294.2 | 1280 |
| WIPRO | 262.91 | 260 |
| YESBANK | 19.94 | 21 |
| ZOMATO | 0 | 200 |
| ZYDUSLIFE | 957.65 | 960 |
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.
