ZINC
Zinc
Max pain for ZINC
07 Feb 2025 11:29 PM IST
Max Pain for ZINC is 270
Strike 260 has a total call value of 0 versus a total put value of 496,250 Combined total value = 496,250
Strike 262.5 has a total call value of 41,250 versus a total put value of 343,750 Combined total value = 385,000
Strike 265 has a total call value of 82,500 versus a total put value of 191,250 Combined total value = 273,750
Strike 267.5 has a total call value of 142,500 versus a total put value of 112,500 Combined total value = 255,000
Strike 270 has a total call value of 202,500 versus a total put value of 33,750 Combined total value = 236,250
Strike 272.5 has a total call value of 356,250 versus a total put value of 20,000 Combined total value = 376,250
Strike 275 has a total call value of 510,000 versus a total put value of 7,500 Combined total value = 517,500
Strike 277.5 has a total call value of 728,750 versus a total put value of 6,250 Combined total value = 735,000
Strike 280 has a total call value of 947,500 versus a total put value of 5,000 Combined total value = 952,500
Strike 282.5 has a total call value of 1,242,500 versus a total put value of 3,750 Combined total value = 1,246,250
Strike 285 has a total call value of 1,537,500 versus a total put value of 2,500 Combined total value = 1,540,000
Strike 287.5 has a total call value of 1,832,500 versus a total put value of 1,250 Combined total value = 1,833,750
Strike 290 has a total call value of 2,127,500 versus a total put value of 0 Combined total value = 2,127,500
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 465.4 | 450 |
ABB | 5685.75 | 5700 |
ABBOTINDIA | 29799.6 | 29000 |
ABCAPITAL | 169.41 | 177.5 |
ABFRL | 275.6 | 290 |
ACC | 1999.1 | 2000 |
ADANIENSOL | 773.4 | 760 |
ADANIENT | 2338.8 | 2500 |
ADANIGREEN | 989.5 | 1000 |
ADANIPORTS | 1146.1 | 1140 |
ALKEM | 5151.35 | 5100 |
AMBUJACEM | 512.75 | 520 |
ANGELONE | 2412.8 | 2400 |
APLAPOLLO | 1427.85 | 1500 |
APOLLOHOSP | 6790.55 | 6900 |
APOLLOTYRE | 426.15 | 430 |
ASHOKLEY | 212.05 | 212.5 |
ASIANPAINT | 2271 | 2300 |
ASTRAL | 1472.15 | 1500 |
ATGL | 629.45 | 630 |
ATUL | 6101.75 | 6200 |
AUBANK | 592.1 | 595 |
AUROPHARMA | 1191.7 | 1200 |
AXISBANK | 1024.1 | 1010 |
BAJAJ-AUTO | 8989.4 | 9000 |
BAJAJFINSV | 1798.35 | 1800 |
BAJFINANCE | 8474.25 | 8200 |
BALKRISIND | 2719.15 | 2760 |
BANDHANBNK | 152.37 | 152.5 |
BANKBARODA | 216.32 | 225 |
BANKINDIA | 106.16 | 109 |
BATAINDIA | 1334.5 | 1350 |
BEL | 277.05 | 280 |
BERGEPAINT | 479.35 | 480 |
BHARATFORG | 1139.45 | 1180 |
BHARTIARTL | 1676.75 | 1660 |
BHEL | 202.84 | 205 |
BIOCON | 386.8 | 380 |
BOSCHLTD | 28045.15 | 30000 |
BPCL | 264.3 | 265 |
BRITANNIA | 4870.5 | 5000 |
BSE | 5726.1 | 5500 |
BSOFT | 534.35 | 540 |
CAMS | 3663.05 | 3700 |
CANBK | 94.06 | 95 |
CANFINHOME | 669.3 | 670 |
CDSL | 1336.2 | 1300 |
CESC | 135.2 | 135 |
CGPOWER | 617.45 | 610 |
CHAMBLFERT | 555.75 | 530 |
CHOLAFIN | 1380.15 | 1340 |
CIPLA | 1472.25 | 1460 |
COALINDIA | 378.25 | 390 |
COFORGE | 8535.85 | 8400 |
COLPAL | 2612.2 | 2700 |
CONCOR | 723.85 | 750 |
COROMANDEL | 1858.2 | 1820 |
CROMPTON | 365.85 | 365 |
CUB | 174.2 | 175 |
CUMMINSIND | 2871.9 | 2900 |
CYIENT | 1524.35 | 1420 |
DABUR | 527.1 | 535 |
DALBHARAT | 1849.75 | 1840 |
DEEPAKNTR | 2350.95 | 2350 |
DELHIVERY | 315.1 | 320 |
DIVISLAB | 6140.55 | 6000 |
DIXON | 15154.65 | 15000 |
DLF | 757.45 | 760 |
DMART | 3743.5 | 3800 |
DRREDDY | 1240.4 | 1220 |
EICHERMOT | 5372.55 | 5350 |
ESCORTS | 3269.7 | 3400 |
EXIDEIND | 377.1 | 380 |
FEDERALBNK | 188.14 | 190 |
GAIL | 171.05 | 177.5 |
GLENMARK | 1540.15 | 1500 |
GMRAIRPORT | 74.53 | 75 |
GMRINFRA | 0 | 76 |
GNFC | 576.65 | 560 |
GODREJCP | 1106.75 | 1130 |
GODREJPROP | 2196.9 | 2300 |
GRANULES | 582.9 | 560 |
GRASIM | 2487.6 | 2500 |
GUJGASLTD | 460.8 | 470 |
HAL | 3818.85 | 3800 |
HAVELLS | 1614.1 | 1600 |
HCLTECH | 1725.65 | 1720 |
HDFCAMC | 3922.35 | 3900 |
HDFCBANK | 1732.75 | 1720 |
HDFCLIFE | 635.7 | 640 |
HEROMOTOCO | 4274.65 | 4250 |
HFCL | 100.54 | 102.5 |
HINDALCO | 607.4 | 600 |
HINDCOPPER | 244.14 | 245 |
HINDPETRO | 342.5 | 350 |
HINDUNILVR | 2363.85 | 2400 |
HUDCO | 206.75 | 210 |
ICICIBANK | 1256.9 | 1260 |
ICICIGI | 1826.95 | 1880 |
ICICIPRULI | 600.05 | 610 |
IDEA | 9.47 | 9 |
IDFCFIRSTB | 64.09 | 63 |
IEX | 182.24 | 180 |
IGL | 198.9 | 200 |
INDHOTEL | 791.8 | 800 |
INDIAMART | 2172.65 | 2200 |
INDIANB | 543.35 | 550 |
INDIGO | 4364.55 | 4400 |
INDUSINDBK | 1079.1 | 1050 |
INDUSTOWER | 363.3 | 360 |
INFY | 1903.65 | 1900 |
IOC | 125.11 | 130 |
IPCALAB | 1507.25 | 1500 |
IRB | 53.21 | 54 |
IRCTC | 774.1 | 800 |
IRFC | 133.43 | 135 |
ITC | 430.85 | 435 |
JINDALSTEL | 844.55 | 840 |
JIOFIN | 249.45 | 250 |
JKCEMENT | 4879.7 | 4850 |
JSL | 642.1 | 650 |
JSWENERGY | 484.65 | 480 |
JSWSTEEL | 980.75 | 960 |
JUBLFOOD | 688.4 | 710 |
KALYANKJIL | 539.4 | 520 |
KEI | 3912.25 | 4000 |
KOTAKBANK | 1929.25 | 1900 |
KPITTECH | 1447.8 | 1400 |
LALPATHLAB | 2811.8 | 2800 |
LAURUSLABS | 641.35 | 600 |
LICHSGFIN | 578.2 | 580 |
LICI | 816.1 | 840 |
LODHA | 1238.8 | 1200 |
LT | 3336.9 | 3450 |
LTF | 149.21 | 150 |
LTIM | 5956.6 | 5900 |
LTTS | 5597.8 | 5400 |
LUPIN | 2201.15 | 2140 |
M&M | 3198.45 | 3150 |
M&MFIN | 297.7 | 290 |
MANAPPURAM | 208.64 | 200 |
MARICO | 649.25 | 660 |
MARUTI | 13049.5 | 12800 |
MAXHEALTH | 1143.2 | 1140 |
MCX | 6001.75 | 6000 |
METROPOLIS | 1839.3 | 1800 |
MFSL | 1112.55 | 1120 |
MGL | 1359.5 | 1340 |
MOTHERSON | 138.07 | 140 |
MPHASIS | 2868.5 | 2850 |
MRF | 112875.1 | 113500 |
MUTHOOTFIN | 2244.55 | 2200 |
NATIONALUM | 200.49 | 200 |
NAUKRI | 7860.1 | 7900 |
NAVINFLUOR | 4221.45 | 4200 |
NBCC | 92.48 | 95 |
NCC | 207.3 | 215 |
NESTLEIND | 2225.1 | 2280 |
NHPC | 77.43 | 78 |
NMDC | 66.66 | 67 |
NTPC | 316.95 | 320 |
NYKAA | 173.46 | 172.5 |
OBEROIRLTY | 1824.85 | 1800 |
OFSS | 9452.7 | 9500 |
OIL | 424.8 | 420 |
ONGC | 248.9 | 250 |
PAGEIND | 42983.05 | 44000 |
PAYTM | 809.8 | 800 |
PEL | 1034.9 | 1080 |
PERSISTENT | 6254.1 | 6100 |
PETRONET | 315.45 | 310 |
PFC | 409.65 | 420 |
PHOENIXLTD | 1643.75 | 1700 |
PIDILITIND | 2870.6 | 2900 |
PIIND | 3543.85 | 3600 |
PNB | 99.27 | 100 |
POLICYBZR | 1725.4 | 1700 |
POLYCAB | 5869.7 | 6000 |
POONAWALLA | 316.7 | 310 |
POWERGRID | 278.15 | 285 |
PRESTIGE | 1347.7 | 1400 |
PVRINOX | 1088.35 | 1100 |
RAMCOCEM | 894.8 | 890 |
RBLBANK | 169.5 | 167.5 |
RECLTD | 441.2 | 440 |
RELIANCE | 1266.7 | 1280 |
SAIL | 110.32 | 110 |
SBICARD | 815.55 | 800 |
SBILIFE | 1470.95 | 1460 |
SBIN | 737.2 | 760 |
SHREECEM | 28249.1 | 28000 |
SHRIRAMFIN | 559.55 | 560 |
SIEMENS | 5505.5 | 5600 |
SJVN | 95.39 | 95 |
SOLARINDS | 9085.8 | 9500 |
SONACOMS | 529.6 | 520 |
SRF | 2879.95 | 2820 |
SUNPHARMA | 1749.8 | 1740 |
SUNTV | 631.65 | 630 |
SUPREMEIND | 4020 | 4000 |
SYNGENE | 744.85 | 750 |
TATACHEM | 931.4 | 960 |
TATACOMM | 1605.8 | 1600 |
TATACONSUM | 1021.2 | 1020 |
TATAELXSI | 6436.6 | 6400 |
TATAMOTORS | 706.75 | 720 |
TATAPOWER | 367.1 | 375 |
TATASTEEL | 138.31 | 138 |
TCS | 4029.4 | 4100 |
TECHM | 1692.1 | 1680 |
TIINDIA | 2909.85 | 3000 |
TITAN | 3424.8 | 3500 |
TORNTPHARM | 3258.6 | 3200 |
TORNTPOWER | 1407.3 | 1360 |
TRENT | 5454.4 | 5600 |
TVSMOTOR | 2605.65 | 2580 |
UBL | 2048.65 | 2100 |
ULTRACEMCO | 11640.6 | 11500 |
UNIONBANK | 117.85 | 116 |
UNITDSPR | 1427.5 | 1460 |
UPL | 641.35 | 620 |
VBL | 553.7 | 550 |
VEDL | 455.8 | 450 |
VOLTAS | 1383.25 | 1360 |
WIPRO | 318 | 310 |
YESBANK | 19.12 | 19 |
ZOMATO | 233.9 | 230 |
ZYDUSLIFE | 994.15 | 1000 |
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.