WIPRO
Wipro Ltd
Max pain for WIPRO
04 Apr 2025 04:11 PM IST
Max Pain for WIPRO is 260
Strike 215 has a total call value of 0 versus a total put value of 81,741,750,000 Combined total value = 81,741,750,000
Strike 217.5 has a total call value of 0 versus a total put value of 75,795,000,000 Combined total value = 75,795,000,000
Strike 220 has a total call value of 0 versus a total put value of 69,848,250,000 Combined total value = 69,848,250,000
Strike 222.5 has a total call value of 750,000 versus a total put value of 64,347,750,000 Combined total value = 64,348,500,000
Strike 225 has a total call value of 1,500,000 versus a total put value of 58,847,250,000 Combined total value = 58,848,750,000
Strike 227.5 has a total call value of 3,000,000 versus a total put value of 53,531,250,000 Combined total value = 53,534,250,000
Strike 230 has a total call value of 4,500,000 versus a total put value of 48,215,250,000 Combined total value = 48,219,750,000
Strike 232.5 has a total call value of 34,500,000 versus a total put value of 43,426,500,000 Combined total value = 43,461,000,000
Strike 235 has a total call value of 72,750,000 versus a total put value of 38,719,500,000 Combined total value = 38,792,250,000
Strike 237.5 has a total call value of 141,000,000 versus a total put value of 34,304,250,000 Combined total value = 34,445,250,000
Strike 240 has a total call value of 231,000,000 versus a total put value of 29,947,500,000 Combined total value = 30,178,500,000
Strike 242.5 has a total call value of 408,000,000 versus a total put value of 26,266,500,000 Combined total value = 26,674,500,000
Strike 245 has a total call value of 618,750,000 versus a total put value of 22,696,500,000 Combined total value = 23,315,250,000
Strike 247.5 has a total call value of 976,500,000 versus a total put value of 19,478,250,000 Combined total value = 20,454,750,000
Strike 250 has a total call value of 1,481,250,000 versus a total put value of 16,519,500,000 Combined total value = 18,000,750,000
Strike 252.5 has a total call value of 2,479,500,000 versus a total put value of 14,213,250,000 Combined total value = 16,692,750,000
Strike 255 has a total call value of 3,576,750,000 versus a total put value of 11,991,750,000 Combined total value = 15,568,500,000
Strike 257.5 has a total call value of 4,968,750,000 versus a total put value of 10,050,750,000 Combined total value = 15,019,500,000
Strike 260 has a total call value of 6,560,250,000 versus a total put value of 8,236,500,000 Combined total value = 14,796,750,000
Strike 262.5 has a total call value of 9,093,000,000 versus a total put value of 6,751,500,000 Combined total value = 15,844,500,000
Strike 265 has a total call value of 11,786,250,000 versus a total put value of 5,377,500,000 Combined total value = 17,163,750,000
Strike 267.5 has a total call value of 15,196,500,000 versus a total put value of 4,173,750,000 Combined total value = 19,370,250,000
Strike 270 has a total call value of 18,993,750,000 versus a total put value of 3,268,500,000 Combined total value = 22,262,250,000
Strike 272.5 has a total call value of 24,141,000,000 versus a total put value of 2,713,500,000 Combined total value = 26,854,500,000
Strike 275 has a total call value of 29,544,750,000 versus a total put value of 2,158,500,000 Combined total value = 31,703,250,000
Strike 277.5 has a total call value of 35,722,500,000 versus a total put value of 1,692,750,000 Combined total value = 37,415,250,000
Strike 280 has a total call value of 42,059,250,000 versus a total put value of 1,254,000,000 Combined total value = 43,313,250,000
Strike 282.5 has a total call value of 49,751,250,000 versus a total put value of 1,097,250,000 Combined total value = 50,848,500,000
Strike 285 has a total call value of 57,539,250,000 versus a total put value of 940,500,000 Combined total value = 58,479,750,000
Strike 287.5 has a total call value of 65,577,000,000 versus a total put value of 783,750,000 Combined total value = 66,360,750,000
Strike 290 has a total call value of 73,702,500,000 versus a total put value of 627,000,000 Combined total value = 74,329,500,000
Strike 292.5 has a total call value of 82,428,750,000 versus a total put value of 470,250,000 Combined total value = 82,899,000,000
Strike 295 has a total call value of 91,281,000,000 versus a total put value of 313,500,000 Combined total value = 91,594,500,000
Strike 297.5 has a total call value of 100,362,750,000 versus a total put value of 156,750,000 Combined total value = 100,519,500,000
Strike 300 has a total call value of 109,536,000,000 versus a total put value of 0 Combined total value = 109,536,000,000
Strike 302.5 has a total call value of 120,061,500,000 versus a total put value of 0 Combined total value = 120,061,500,000
Strike 305 has a total call value of 130,587,000,000 versus a total put value of 0 Combined total value = 130,587,000,000
Strike 307.5 has a total call value of 141,287,250,000 versus a total put value of 0 Combined total value = 141,287,250,000
Strike 310 has a total call value of 152,013,750,000 versus a total put value of 0 Combined total value = 152,013,750,000
Strike 312.5 has a total call value of 162,961,500,000 versus a total put value of 0 Combined total value = 162,961,500,000
Strike 315 has a total call value of 174,003,000,000 versus a total put value of 0 Combined total value = 174,003,000,000
Strike 317.5 has a total call value of 185,193,750,000 versus a total put value of 0 Combined total value = 185,193,750,000
Strike 320 has a total call value of 196,384,500,000 versus a total put value of 0 Combined total value = 196,384,500,000
Strike 322.5 has a total call value of 207,956,250,000 versus a total put value of 0 Combined total value = 207,956,250,000
Strike 325 has a total call value of 219,528,000,000 versus a total put value of 0 Combined total value = 219,528,000,000
Strike 327.5 has a total call value of 231,244,500,000 versus a total put value of 0 Combined total value = 231,244,500,000
Strike 330 has a total call value of 242,961,000,000 versus a total put value of 0 Combined total value = 242,961,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 374.05 | 400 |
ABB | 5095.9 | 5400 |
ABCAPITAL | 188.26 | 190 |
ABFRL | 258.3 | 265 |
ACC | 1966.3 | 2000 |
ADANIENSOL | 859.4 | 860 |
ADANIENT | 2334.65 | 2460 |
ADANIGREEN | 923.8 | 940 |
ADANIPORTS | 1148.35 | 1200 |
ALKEM | 4828.7 | 4900 |
AMBUJACEM | 528.2 | 545 |
ANGELONE | 2285.4 | 2300 |
APLAPOLLO | 1519.15 | 1500 |
APOLLOHOSP | 6714.55 | 6650 |
APOLLOTYRE | 407.95 | 425 |
ASHOKLEY | 205.14 | 210 |
ASIANPAINT | 2356.05 | 2340 |
ASTRAL | 1336.85 | 1340 |
ATGL | 591.3 | 600 |
AUBANK | 552.1 | 550 |
AUROPHARMA | 1105.35 | 1160 |
AXISBANK | 1091.3 | 1090 |
BAJAJ-AUTO | 7685.1 | 7900 |
BAJAJFINSV | 1912.3 | 1920 |
BAJFINANCE | 8718.85 | 8700 |
BALKRISIND | 2388.05 | 2500 |
BANDHANBNK | 153.05 | 152.5 |
BANKBARODA | 234.32 | 235 |
BANKINDIA | 111.49 | 110 |
BEL | 280 | 290 |
BERGEPAINT | 512.05 | 500 |
BHARATFORG | 1026.05 | 1080 |
BHARTIARTL | 1743.45 | 1740 |
BHEL | 214.45 | 220 |
BIOCON | 327.8 | 340 |
BOSCHLTD | 27289.1 | 28000 |
BPCL | 279.45 | 280 |
BRITANNIA | 5023.4 | 4950 |
BSE | 5517.45 | 5300 |
BSOFT | 366.5 | 385 |
CAMS | 3683.3 | 3700 |
CANBK | 90.39 | 92 |
CDSL | 1199.85 | 1200 |
CESC | 151.83 | 155 |
CGPOWER | 575.2 | 620 |
CHAMBLFERT | 624.6 | 620 |
CHOLAFIN | 1453.3 | 1500 |
CIPLA | 1415.25 | 1460 |
COALINDIA | 385.05 | 400 |
COFORGE | 6607.9 | 7000 |
COLPAL | 2423.35 | 2400 |
CONCOR | 687.5 | 710 |
CROMPTON | 329.3 | 340 |
CUMMINSIND | 2844.95 | 3000 |
CYIENT | 1158.75 | 1220 |
DABUR | 461.75 | 475 |
DALBHARAT | 1845.45 | 1800 |
DEEPAKNTR | 1928.95 | 2000 |
DELHIVERY | 258.8 | 260 |
DIVISLAB | 5482.85 | 5650 |
DIXON | 13137.55 | 13500 |
DLF | 653.95 | 680 |
DMART | 4039.9 | 4050 |
DRREDDY | 1109.95 | 1140 |
EICHERMOT | 5247.9 | 5350 |
ESCORTS | 3161.15 | 3250 |
EXIDEIND | 364.4 | 370 |
FEDERALBNK | 195 | 195 |
GAIL | 176.61 | 180 |
GLENMARK | 1499.85 | 1500 |
GMRAIRPORT | 80.74 | 80 |
GODREJCP | 1156.6 | 1150 |
GODREJPROP | 2067.95 | 2100 |
GOLDM | 88250 | 88500 |
GRANULES | 456.75 | 500 |
GRASIM | 2616.9 | 2600 |
HAL | 4239.1 | 4250 |
HAVELLS | 1469.25 | 1500 |
HCLTECH | 1422.1 | 1500 |
HDFCAMC | 3906.3 | 4000 |
HDFCBANK | 1817.3 | 1800 |
HDFCLIFE | 689.05 | 690 |
HEROMOTOCO | 3659.2 | 3750 |
HFCL | 79.16 | 80 |
HINDALCO | 599.95 | 640 |
HINDCOPPER | 204.25 | 210 |
HINDPETRO | 358.35 | 360 |
HINDUNILVR | 2244.55 | 2260 |
HINDZINC | 426.95 | 450 |
HUDCO | 203.47 | 200 |
ICICIBANK | 1335.3 | 1340 |
ICICIGI | 1829.55 | 1800 |
ICICIPRULI | 556.8 | 570 |
IDEA | 7.91 | 8 |
IDFCFIRSTB | 57.81 | 59 |
IEX | 178.52 | 180 |
IGL | 198.06 | 200 |
IIFL | 340.25 | 340 |
INDHOTEL | 799.35 | 810 |
INDIANB | 546.05 | 550 |
INDIGO | 5098.9 | 5000 |
INDUSINDBK | 682 | 700 |
INDUSTOWER | 360.5 | 355 |
INFY | 1451.65 | 1520 |
INOXWIND | 153.85 | 160 |
IOC | 130.14 | 132 |
IRB | 45.52 | 46 |
IRCTC | 714.1 | 730 |
IREDA | 156.45 | 155 |
IRFC | 124.84 | 125 |
ITC | 409.7 | 410 |
JINDALSTEL | 850.1 | 900 |
JIOFIN | 222.32 | 230 |
JSL | 551.7 | 600 |
JSWENERGY | 506.4 | 530 |
JSWSTEEL | 1005.75 | 1020 |
JUBLFOOD | 679.6 | 680 |
KALYANKJIL | 487.15 | 490 |
KEI | 2645.1 | 2800 |
KOTAKBANK | 2131.95 | 2120 |
KPITTECH | 1134 | 1200 |
LAURUSLABS | 574.45 | 600 |
LICHSGFIN | 561.85 | 570 |
LICI | 792.15 | 800 |
LODHA | 1180.85 | 1200 |
LT | 3260.15 | 3360 |
LTF | 153.72 | 152.5 |
LTIM | 4136.25 | 4400 |
LUPIN | 1971.05 | 2000 |
M&M | 2596.55 | 2700 |
M&MFIN | 262.3 | 270 |
MANAPPURAM | 232.83 | 230 |
MARICO | 677.3 | 660 |
MARUTI | 11482 | 11500 |
MAXHEALTH | 1137.65 | 1120 |
MCX | 5026.8 | 5300 |
MFSL | 1165.05 | 1160 |
MGL | 1330.9 | 1380 |
MOTHERSON | 118.93 | 130 |
MPHASIS | 2229.2 | 2400 |
MRF | 113236.95 | 113500 |
MUTHOOTFIN | 2348.3 | 2300 |
NATIONALUM | 157.7 | 175 |
NAUKRI | 6396.6 | 6800 |
NBCC | 82.73 | 82.5 |
NCC | 206.85 | 210 |
NESTLEIND | 2262.15 | 2240 |
NHPC | 83.04 | 84 |
NMDC | 65.02 | 69 |
NTPC | 350.4 | 360 |
NYKAA | 176.78 | 175 |
OBEROIRLTY | 1550.6 | 1600 |
OFSS | 7521.55 | 7750 |
OIL | 357.75 | 380 |
ONGC | 226.01 | 237.5 |
PAGEIND | 42309.8 | 42500 |
PATANJALI | 1850.35 | 1840 |
PAYTM | 817.05 | 800 |
PEL | 961.5 | 1000 |
PERSISTENT | 4609.95 | 4800 |
PETRONET | 283.9 | 295 |
PFC | 406.85 | 420 |
PHOENIXLTD | 1580.3 | 1600 |
PIDILITIND | 2892 | 2860 |
PIIND | 3315.45 | 3450 |
PNB | 96.61 | 98 |
PNBHOUSING | 949.45 | 900 |
POLICYBZR | 1504.2 | 1580 |
POLYCAB | 5040.75 | 5100 |
POONAWALLA | 353.05 | 340 |
POWERGRID | 293.9 | 295 |
PRESTIGE | 1127.05 | 1160 |
RAMCOCEM | 941.55 | 920 |
RBLBANK | 175.68 | 175 |
RECLTD | 403.4 | 430 |
RELIANCE | 1204.7 | 1250 |
SAIL | 112.6 | 117.5 |
SBICARD | 848 | 860 |
SBILIFE | 1512.6 | 1540 |
SBIN | 767.45 | 780 |
SHREECEM | 30694.5 | 30500 |
SHRIRAMFIN | 653.6 | 650 |
SIEMENS | 4928.15 | 5200 |
SILVER | 87431 | 94000 |
SJVN | 92.42 | 92.5 |
SOLARINDS | 10987.1 | 11000 |
SONACOMS | 421.85 | 450 |
SRF | 2854.85 | 2900 |
SUNPHARMA | 1709.35 | 1740 |
SUPREMEIND | 3278.6 | 3450 |
SYNGENE | 724.65 | 730 |
TATACHEM | 812.4 | 860 |
TATACOMM | 1598.05 | 1600 |
TATACONSUM | 1087.85 | 1060 |
TATAELXSI | 5056.65 | 5100 |
TATAMOTORS | 613.85 | 660 |
TATAPOWER | 368.95 | 390 |
TATASTEEL | 140.39 | 150 |
TATATECH | 648.7 | 660 |
TCS | 3299.4 | 3460 |
TECHM | 1320.95 | 1400 |
TIINDIA | 2637.25 | 2750 |
TITAGARH | 790.4 | 800 |
TITAN | 3076.2 | 3100 |
TORNTPHARM | 3286.5 | 3200 |
TORNTPOWER | 1537.05 | 1520 |
TRENT | 5562.85 | 5600 |
TVSMOTOR | 2464.95 | 2460 |
ULTRACEMCO | 11498.65 | 11400 |
UNIONBANK | 122.11 | 125 |
UNITDSPR | 1427.35 | 1400 |
UPL | 637.7 | 650 |
VBL | 535.45 | 530 |
VEDL | 401.45 | 440 |
VOLTAS | 1298.1 | 1360 |
WIPRO | 246.3 | 260 |
YESBANK | 17.19 | 17 |
ZOMATO | 210.53 | 210 |
ZYDUSLIFE | 866.9 | 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.