WIPRO
Wipro Ltd
Max pain for WIPRO
02 Apr 2025 02:31 PM IST
Max Pain for WIPRO is 267.5
Strike 215 has a total call value of 0 versus a total put value of 89,264,250,000 Combined total value = 89,264,250,000
Strike 217.5 has a total call value of 0 versus a total put value of 83,938,500,000 Combined total value = 83,938,500,000
Strike 220 has a total call value of 0 versus a total put value of 78,612,750,000 Combined total value = 78,612,750,000
Strike 222.5 has a total call value of 0 versus a total put value of 73,430,250,000 Combined total value = 73,430,250,000
Strike 225 has a total call value of 0 versus a total put value of 68,247,750,000 Combined total value = 68,247,750,000
Strike 227.5 has a total call value of 0 versus a total put value of 63,133,500,000 Combined total value = 63,133,500,000
Strike 230 has a total call value of 0 versus a total put value of 58,019,250,000 Combined total value = 58,019,250,000
Strike 232.5 has a total call value of 0 versus a total put value of 53,181,000,000 Combined total value = 53,181,000,000
Strike 235 has a total call value of 0 versus a total put value of 48,366,750,000 Combined total value = 48,366,750,000
Strike 237.5 has a total call value of 0 versus a total put value of 43,750,500,000 Combined total value = 43,750,500,000
Strike 240 has a total call value of 0 versus a total put value of 39,171,000,000 Combined total value = 39,171,000,000
Strike 242.5 has a total call value of 28,500,000 versus a total put value of 35,200,500,000 Combined total value = 35,229,000,000
Strike 245 has a total call value of 57,000,000 versus a total put value of 31,290,000,000 Combined total value = 31,347,000,000
Strike 247.5 has a total call value of 108,000,000 versus a total put value of 27,545,250,000 Combined total value = 27,653,250,000
Strike 250 has a total call value of 185,250,000 versus a total put value of 23,851,500,000 Combined total value = 24,036,750,000
Strike 252.5 has a total call value of 447,750,000 versus a total put value of 20,707,500,000 Combined total value = 21,155,250,000
Strike 255 has a total call value of 740,250,000 versus a total put value of 17,625,750,000 Combined total value = 18,366,000,000
Strike 257.5 has a total call value of 1,071,750,000 versus a total put value of 14,845,500,000 Combined total value = 15,917,250,000
Strike 260 has a total call value of 1,448,250,000 versus a total put value of 12,155,250,000 Combined total value = 13,603,500,000
Strike 262.5 has a total call value of 2,226,750,000 versus a total put value of 10,069,500,000 Combined total value = 12,296,250,000
Strike 265 has a total call value of 3,136,500,000 versus a total put value of 8,159,250,000 Combined total value = 11,295,750,000
Strike 267.5 has a total call value of 4,576,500,000 versus a total put value of 6,539,250,000 Combined total value = 11,115,750,000
Strike 270 has a total call value of 6,376,500,000 versus a total put value of 5,233,500,000 Combined total value = 11,610,000,000
Strike 272.5 has a total call value of 9,286,500,000 versus a total put value of 4,331,250,000 Combined total value = 13,617,750,000
Strike 275 has a total call value of 12,399,750,000 versus a total put value of 3,497,250,000 Combined total value = 15,897,000,000
Strike 277.5 has a total call value of 16,172,250,000 versus a total put value of 2,766,750,000 Combined total value = 18,939,000,000
Strike 280 has a total call value of 20,053,500,000 versus a total put value of 2,066,250,000 Combined total value = 22,119,750,000
Strike 282.5 has a total call value of 24,913,500,000 versus a total put value of 1,648,500,000 Combined total value = 26,562,000,000
Strike 285 has a total call value of 29,873,250,000 versus a total put value of 1,251,750,000 Combined total value = 31,125,000,000
Strike 287.5 has a total call value of 35,106,750,000 versus a total put value of 971,250,000 Combined total value = 36,078,000,000
Strike 290 has a total call value of 40,423,500,000 versus a total put value of 703,500,000 Combined total value = 41,127,000,000
Strike 292.5 has a total call value of 46,430,250,000 versus a total put value of 513,750,000 Combined total value = 46,944,000,000
Strike 295 has a total call value of 52,570,500,000 versus a total put value of 324,000,000 Combined total value = 52,894,500,000
Strike 297.5 has a total call value of 58,944,750,000 versus a total put value of 162,000,000 Combined total value = 59,106,750,000
Strike 300 has a total call value of 65,401,500,000 versus a total put value of 0 Combined total value = 65,401,500,000
Strike 302.5 has a total call value of 73,026,750,000 versus a total put value of 0 Combined total value = 73,026,750,000
Strike 305 has a total call value of 80,652,000,000 versus a total put value of 0 Combined total value = 80,652,000,000
Strike 307.5 has a total call value of 88,446,750,000 versus a total put value of 0 Combined total value = 88,446,750,000
Strike 310 has a total call value of 96,264,000,000 versus a total put value of 0 Combined total value = 96,264,000,000
Strike 312.5 has a total call value of 104,306,250,000 versus a total put value of 0 Combined total value = 104,306,250,000
Strike 315 has a total call value of 112,446,750,000 versus a total put value of 0 Combined total value = 112,446,750,000
Strike 317.5 has a total call value of 120,738,750,000 versus a total put value of 0 Combined total value = 120,738,750,000
Strike 320 has a total call value of 129,030,750,000 versus a total put value of 0 Combined total value = 129,030,750,000
Strike 322.5 has a total call value of 137,715,000,000 versus a total put value of 0 Combined total value = 137,715,000,000
Strike 325 has a total call value of 146,399,250,000 versus a total put value of 0 Combined total value = 146,399,250,000
Strike 327.5 has a total call value of 155,252,250,000 versus a total put value of 0 Combined total value = 155,252,250,000
Strike 330 has a total call value of 164,105,250,000 versus a total put value of 0 Combined total value = 164,105,250,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 263.55 | 400 |
| ABB | 263.55 | 5500 |
| ABCAPITAL | 263.55 | 190 |
| ABFRL | 263.55 | 265 |
| ACC | 263.55 | 2000 |
| ADANIENSOL | 263.55 | 860 |
| ADANIENT | 263.55 | 2500 |
| ADANIGREEN | 263.55 | 940 |
| ADANIPORTS | 263.55 | 1200 |
| ALKEM | 263.55 | 4900 |
| AMBUJACEM | 263.55 | 540 |
| ANGELONE | 263.55 | 2300 |
| APLAPOLLO | 263.55 | 1500 |
| APOLLOHOSP | 263.55 | 6650 |
| APOLLOTYRE | 263.55 | 430 |
| ASHOKLEY | 263.55 | 210 |
| ASIANPAINT | 263.55 | 2340 |
| ASTRAL | 263.55 | 1300 |
| ATGL | 263.55 | 600 |
| AUBANK | 263.55 | 550 |
| AUROPHARMA | 263.55 | 1160 |
| AXISBANK | 263.55 | 1100 |
| BAJAJ-AUTO | 263.55 | 8000 |
| BAJAJFINSV | 263.55 | 1940 |
| BAJFINANCE | 263.55 | 8800 |
| BALKRISIND | 263.55 | 2560 |
| BANDHANBNK | 263.55 | 150 |
| BANKBARODA | 263.55 | 230 |
| BANKINDIA | 263.55 | 110 |
| BEL | 263.55 | 290 |
| BERGEPAINT | 263.55 | 500 |
| BHARATFORG | 263.55 | 1160 |
| BHARTIARTL | 263.55 | 1720 |
| BHEL | 263.55 | 220 |
| BIOCON | 263.55 | 345 |
| BOSCHLTD | 263.55 | 28000 |
| BPCL | 263.55 | 280 |
| BRITANNIA | 263.55 | 4900 |
| BSE | 263.55 | 5200 |
| BSOFT | 263.55 | 400 |
| CAMS | 263.55 | 3700 |
| CANBK | 263.55 | 90 |
| CDSL | 263.55 | 1200 |
| CESC | 263.55 | 155 |
| CGPOWER | 263.55 | 640 |
| CHAMBLFERT | 263.55 | 610 |
| CHOLAFIN | 263.55 | 1500 |
| CIPLA | 263.55 | 1480 |
| COALINDIA | 263.55 | 405 |
| COFORGE | 263.55 | 7900 |
| COLPAL | 263.55 | 2400 |
| CONCOR | 263.55 | 710 |
| CROMPTON | 263.55 | 350 |
| CUMMINSIND | 263.55 | 3050 |
| CYIENT | 263.55 | 1300 |
| DABUR | 263.55 | 500 |
| DALBHARAT | 263.55 | 1800 |
| DEEPAKNTR | 263.55 | 2000 |
| DELHIVERY | 263.55 | 260 |
| DIVISLAB | 263.55 | 5650 |
| DIXON | 263.55 | 13500 |
| DLF | 263.55 | 690 |
| DMART | 263.55 | 4050 |
| DRREDDY | 263.55 | 1150 |
| EICHERMOT | 263.55 | 5350 |
| ESCORTS | 263.55 | 3250 |
| EXIDEIND | 263.55 | 370 |
| FEDERALBNK | 263.55 | 195 |
| GAIL | 263.55 | 182.5 |
| GLENMARK | 263.55 | 1500 |
| GMRAIRPORT | 263.55 | 78 |
| GODREJCP | 263.55 | 1140 |
| GODREJPROP | 263.55 | 2100 |
| GOLDM | 263.55 | 90000 |
| GRANULES | 263.55 | 500 |
| GRASIM | 263.55 | 2580 |
| HAL | 263.55 | 4200 |
| HAVELLS | 263.55 | 1500 |
| HCLTECH | 263.55 | 1560 |
| HDFCAMC | 263.55 | 4000 |
| HDFCBANK | 263.55 | 1800 |
| HDFCLIFE | 263.55 | 690 |
| HEROMOTOCO | 263.55 | 3750 |
| HFCL | 263.55 | 81 |
| HINDALCO | 263.55 | 680 |
| HINDCOPPER | 263.55 | 230 |
| HINDPETRO | 263.55 | 360 |
| HINDUNILVR | 263.55 | 2260 |
| HINDZINC | 263.55 | 450 |
| HUDCO | 263.55 | 200 |
| ICICIBANK | 263.55 | 1340 |
| ICICIGI | 263.55 | 1800 |
| ICICIPRULI | 263.55 | 575 |
| IDEA | 263.55 | 8 |
| IDFCFIRSTB | 263.55 | 58 |
| IEX | 263.55 | 180 |
| IGL | 263.55 | 200 |
| IIFL | 263.55 | 330 |
| INDHOTEL | 263.55 | 820 |
| INDIANB | 263.55 | 550 |
| INDIGO | 263.55 | 5000 |
| INDUSINDBK | 263.55 | 700 |
| INDUSTOWER | 263.55 | 350 |
| INFY | 263.55 | 1580 |
| INOXWIND | 263.55 | 165 |
| IOC | 263.55 | 132 |
| IRB | 263.55 | 46 |
| IRCTC | 263.55 | 730 |
| IREDA | 263.55 | 155 |
| IRFC | 263.55 | 125 |
| ITC | 263.55 | 410 |
| JINDALSTEL | 263.55 | 920 |
| JIOFIN | 263.55 | 230 |
| JSL | 263.55 | 600 |
| JSWENERGY | 263.55 | 540 |
| JSWSTEEL | 263.55 | 1050 |
| JUBLFOOD | 263.55 | 670 |
| KALYANKJIL | 263.55 | 480 |
| KEI | 263.55 | 2900 |
| KOTAKBANK | 263.55 | 2120 |
| KPITTECH | 263.55 | 1300 |
| LAURUSLABS | 263.55 | 600 |
| LICHSGFIN | 263.55 | 570 |
| LICI | 263.55 | 800 |
| LODHA | 263.55 | 1200 |
| LT | 263.55 | 3480 |
| LTF | 263.55 | 150 |
| LTIM | 263.55 | 4550 |
| LUPIN | 263.55 | 2000 |
| M&M | 263.55 | 2700 |
| M&MFIN | 263.55 | 280 |
| MANAPPURAM | 263.55 | 230 |
| MARICO | 263.55 | 650 |
| MARUTI | 263.55 | 11700 |
| MAXHEALTH | 263.55 | 1120 |
| MCX | 263.55 | 5400 |
| MFSL | 263.55 | 1140 |
| MGL | 263.55 | 1400 |
| MOTHERSON | 263.55 | 132.5 |
| MPHASIS | 263.55 | 2500 |
| MRF | 263.55 | 114000 |
| MUTHOOTFIN | 263.55 | 2260 |
| NATIONALUM | 263.55 | 185 |
| NAUKRI | 263.55 | 7000 |
| NBCC | 263.55 | 82.5 |
| NCC | 263.55 | 210 |
| NESTLEIND | 263.55 | 2220 |
| NHPC | 263.55 | 84 |
| NMDC | 263.55 | 69.7 |
| NTPC | 263.55 | 360 |
| NYKAA | 263.55 | 175 |
| OBEROIRLTY | 263.55 | 1600 |
| OFSS | 263.55 | 7900 |
| OIL | 263.55 | 390 |
| ONGC | 263.55 | 250 |
| PAGEIND | 263.55 | 42000 |
| PATANJALI | 263.55 | 1800 |
| PAYTM | 263.55 | 800 |
| PEL | 263.55 | 1000 |
| PERSISTENT | 263.55 | 5400 |
| PETRONET | 263.55 | 300 |
| PFC | 263.55 | 420 |
| PHOENIXLTD | 263.55 | 1600 |
| PIDILITIND | 263.55 | 2840 |
| PIIND | 263.55 | 3500 |
| PNB | 263.55 | 97 |
| PNBHOUSING | 263.55 | 900 |
| POLICYBZR | 263.55 | 1580 |
| POLYCAB | 263.55 | 5100 |
| POONAWALLA | 263.55 | 340 |
| POWERGRID | 263.55 | 290 |
| PRESTIGE | 263.55 | 1200 |
| RAMCOCEM | 263.55 | 900 |
| RBLBANK | 263.55 | 175 |
| RECLTD | 263.55 | 440 |
| RELIANCE | 263.55 | 1280 |
| SAIL | 263.55 | 120 |
| SBICARD | 263.55 | 865 |
| SBILIFE | 263.55 | 1560 |
| SBIN | 263.55 | 780 |
| SHREECEM | 263.55 | 30500 |
| SHRIRAMFIN | 263.55 | 650 |
| SIEMENS | 263.55 | 5300 |
| SILVER | 263.55 | 98000 |
| SJVN | 263.55 | 92.5 |
| SOLARINDS | 263.55 | 11100 |
| SONACOMS | 263.55 | 460 |
| SRF | 263.55 | 2940 |
| SUNPHARMA | 263.55 | 1720 |
| SUPREMEIND | 263.55 | 3500 |
| SYNGENE | 263.55 | 720 |
| TATACHEM | 263.55 | 860 |
| TATACOMM | 263.55 | 1600 |
| TATACONSUM | 263.55 | 1040 |
| TATAELXSI | 263.55 | 5200 |
| TATAMOTORS | 263.55 | 690 |
| TATAPOWER | 263.55 | 390 |
| TATASTEEL | 263.55 | 155 |
| TATATECH | 263.55 | 680 |
| TCS | 263.55 | 3600 |
| TECHM | 263.55 | 1420 |
| TIINDIA | 263.55 | 2750 |
| TITAGARH | 263.55 | 800 |
| TITAN | 263.55 | 3100 |
| TORNTPHARM | 263.55 | 3200 |
| TORNTPOWER | 263.55 | 1500 |
| TRENT | 263.55 | 5500 |
| TVSMOTOR | 263.55 | 2460 |
| ULTRACEMCO | 263.55 | 11300 |
| UNIONBANK | 263.55 | 125 |
| UNITDSPR | 263.55 | 1400 |
| UPL | 263.55 | 650 |
| VBL | 263.55 | 540 |
| VEDL | 263.55 | 470 |
| VOLTAS | 263.55 | 1380 |
| WIPRO | 263.55 | 267.5 |
| YESBANK | 263.55 | 17 |
| ZOMATO | 263.55 | 210 |
| ZYDUSLIFE | 263.55 | 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.
