ZINC
Zinc
Max pain for ZINC
07 Apr 2025 11:29 PM IST
Max Pain for ZINC is 265
Strike 240 has a total call value of 0 versus a total put value of 566,250 Combined total value = 566,250
Strike 242.5 has a total call value of 0 versus a total put value of 510,000 Combined total value = 510,000
Strike 245 has a total call value of 0 versus a total put value of 453,750 Combined total value = 453,750
Strike 247.5 has a total call value of 0 versus a total put value of 397,500 Combined total value = 397,500
Strike 250 has a total call value of 1,250 versus a total put value of 341,250 Combined total value = 342,500
Strike 252.5 has a total call value of 6,250 versus a total put value of 290,000 Combined total value = 296,250
Strike 255 has a total call value of 11,250 versus a total put value of 238,750 Combined total value = 250,000
Strike 257.5 has a total call value of 16,250 versus a total put value of 187,500 Combined total value = 203,750
Strike 260 has a total call value of 21,250 versus a total put value of 136,250 Combined total value = 157,500
Strike 262.5 has a total call value of 43,750 versus a total put value of 97,500 Combined total value = 141,250
Strike 265 has a total call value of 66,250 versus a total put value of 58,750 Combined total value = 125,000
Strike 267.5 has a total call value of 106,250 versus a total put value of 31,250 Combined total value = 137,500
Strike 270 has a total call value of 146,250 versus a total put value of 3,750 Combined total value = 150,000
Strike 272.5 has a total call value of 301,250 versus a total put value of 0 Combined total value = 301,250
Strike 275 has a total call value of 456,250 versus a total put value of 0 Combined total value = 456,250
Strike 277.5 has a total call value of 611,250 versus a total put value of 0 Combined total value = 611,250
Strike 280 has a total call value of 766,250 versus a total put value of 0 Combined total value = 766,250
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 355.1 | 390 |
ABB | 4963.55 | 5300 |
ABCAPITAL | 179.34 | 190 |
ABFRL | 245.2 | 255 |
ACC | 1929.1 | 1980 |
ADANIENSOL | 815.05 | 840 |
ADANIENT | 2212.7 | 2440 |
ADANIGREEN | 873.3 | 940 |
ADANIPORTS | 1110.65 | 1180 |
ALKEM | 4700.5 | 4900 |
AMBUJACEM | 525.2 | 540 |
ANGELONE | 2130.45 | 2250 |
APLAPOLLO | 1440 | 1500 |
APOLLOHOSP | 6683.3 | 6650 |
APOLLOTYRE | 397.45 | 420 |
ASHOKLEY | 197.59 | 207.5 |
ASIANPAINT | 2341.35 | 2340 |
ASTRAL | 1287.7 | 1320 |
ATGL | 569.7 | 600 |
AUBANK | 541.7 | 550 |
AUROPHARMA | 1094.05 | 1160 |
AXISBANK | 1047.95 | 1060 |
BAJAJ-AUTO | 7306.8 | 7800 |
BAJAJFINSV | 1852.65 | 1920 |
BAJFINANCE | 8568 | 8700 |
BALKRISIND | 2273.2 | 2460 |
BANDHANBNK | 144.96 | 150 |
BANKBARODA | 229.36 | 235 |
BANKINDIA | 105.77 | 110 |
BEL | 272.1 | 285 |
BERGEPAINT | 511.95 | 500 |
BHARATFORG | 951.6 | 1040 |
BHARTIARTL | 1686.65 | 1720 |
BHEL | 207.7 | 215 |
BIOCON | 307.5 | 335 |
BOSCHLTD | 26588.25 | 27750 |
BPCL | 273.7 | 280 |
BRITANNIA | 5055.85 | 5000 |
BSE | 5182.45 | 5200 |
BSOFT | 347.1 | 380 |
CAMS | 3528.85 | 3700 |
CANBK | 87.1 | 90 |
CDSL | 1143.8 | 1200 |
CESC | 149.46 | 152.5 |
CGPOWER | 540.5 | 580 |
CHAMBLFERT | 612.8 | 610 |
CHOLAFIN | 1386.1 | 1460 |
CIPLA | 1384.7 | 1440 |
COALINDIA | 377.5 | 400 |
COFORGE | 6340.7 | 6900 |
COLPAL | 2388.25 | 2400 |
CONCOR | 649.25 | 700 |
CROMPTON | 330.3 | 340 |
CUMMINSIND | 2711.25 | 3000 |
CYIENT | 1121.2 | 1200 |
DABUR | 451.4 | 470 |
DALBHARAT | 1786.25 | 1800 |
DEEPAKNTR | 1823.7 | 1900 |
DELHIVERY | 268.35 | 260 |
DIVISLAB | 5258.95 | 5600 |
DIXON | 12556.05 | 13500 |
DLF | 608.05 | 660 |
DMART | 4023.15 | 4050 |
DRREDDY | 1087.9 | 1130 |
EICHERMOT | 5065.25 | 5300 |
ESCORTS | 3050.75 | 3200 |
EXIDEIND | 353.4 | 370 |
FEDERALBNK | 190.81 | 195 |
GAIL | 169.03 | 180 |
GLENMARK | 1442.2 | 1500 |
GMRAIRPORT | 82.22 | 80 |
GODREJCP | 1160.1 | 1160 |
GODREJPROP | 1927.15 | 2050 |
GOLDM | 88250 | 88000 |
GRANULES | 436.9 | 490 |
GRASIM | 2509.1 | 2580 |
HAL | 4008.2 | 4200 |
HAVELLS | 1456.1 | 1500 |
HCLTECH | 1374.1 | 1480 |
HDFCAMC | 3732.1 | 3900 |
HDFCBANK | 1757.7 | 1800 |
HDFCLIFE | 665.95 | 680 |
HEROMOTOCO | 3526.9 | 3700 |
HFCL | 74.34 | 80 |
HINDALCO | 561.8 | 620 |
HINDCOPPER | 188 | 215 |
HINDPETRO | 352.8 | 360 |
HINDUNILVR | 2249.4 | 2260 |
HINDZINC | 406.75 | 430 |
HUDCO | 194.89 | 200 |
ICICIBANK | 1287.55 | 1320 |
ICICIGI | 1744.4 | 1800 |
ICICIPRULI | 536.9 | 560 |
IDEA | 7.36 | 8 |
IDFCFIRSTB | 56.49 | 58 |
IEX | 173.8 | 180 |
IGL | 187.82 | 195 |
IIFL | 327.15 | 330 |
INDHOTEL | 751.95 | 800 |
INDIANB | 539.45 | 550 |
INDIGO | 4988.7 | 5000 |
INDUSINDBK | 675.9 | 700 |
INDUSTOWER | 356 | 355 |
INFY | 1396.75 | 1500 |
INOXWIND | 140.88 | 150 |
IOC | 128.09 | 130 |
IRB | 43.19 | 45 |
IRCTC | 697.4 | 720 |
IREDA | 149.6 | 150 |
IRFC | 122.42 | 125 |
ITC | 406.05 | 410 |
JINDALSTEL | 791.05 | 900 |
JIOFIN | 213.52 | 230 |
JSL | 516.65 | 580 |
JSWENERGY | 488.4 | 520 |
JSWSTEEL | 930.3 | 990 |
JUBLFOOD | 669.65 | 680 |
KALYANKJIL | 486.3 | 490 |
KEI | 2509.75 | 2700 |
KOTAKBANK | 2037.85 | 2100 |
KPITTECH | 1065.3 | 1160 |
LAURUSLABS | 561.25 | 590 |
LICHSGFIN | 543.75 | 560 |
LICI | 767.2 | 800 |
LODHA | 1106.6 | 1140 |
LT | 3068.5 | 3350 |
LTF | 148.57 | 152.5 |
LTIM | 4057.15 | 4300 |
LUPIN | 1923.05 | 2000 |
M&M | 2491.25 | 2700 |
M&MFIN | 252.7 | 270 |
MANAPPURAM | 225.6 | 230 |
MARICO | 662.65 | 650 |
MARUTI | 11329.75 | 11400 |
MAXHEALTH | 1075.5 | 1120 |
MCX | 4989.6 | 5300 |
MFSL | 1128.45 | 1140 |
MGL | 1305.25 | 1360 |
MOTHERSON | 114.38 | 122.5 |
MPHASIS | 2102.2 | 2220 |
MRF | 110385.5 | 113000 |
MUTHOOTFIN | 2254.3 | 2300 |
NATIONALUM | 144.69 | 170 |
NAUKRI | 6374.8 | 6700 |
NBCC | 79.46 | 82.5 |
NCC | 197.39 | 210 |
NESTLEIND | 2249 | 2240 |
NHPC | 82.58 | 84 |
NMDC | 61.3 | 68 |
NTPC | 349.8 | 355 |
NYKAA | 171.3 | 175 |
OBEROIRLTY | 1483.25 | 1600 |
OFSS | 7294.15 | 7600 |
OIL | 343.25 | 370 |
ONGC | 219.84 | 235 |
PAGEIND | 41304.45 | 42500 |
PATANJALI | 1775.45 | 1800 |
PAYTM | 790.55 | 800 |
PEL | 954.8 | 960 |
PERSISTENT | 4573.55 | 4800 |
PETRONET | 275.85 | 290 |
PFC | 395.05 | 420 |
PHOENIXLTD | 1548.3 | 1600 |
PIDILITIND | 2848.75 | 2860 |
PIIND | 3242.05 | 3400 |
PNB | 94.92 | 97 |
PNBHOUSING | 923.65 | 900 |
POLICYBZR | 1445.65 | 1540 |
POLYCAB | 4934.6 | 5000 |
POONAWALLA | 345.6 | 345 |
POWERGRID | 289.4 | 295 |
PRESTIGE | 1060.3 | 1150 |
RAMCOCEM | 921.15 | 920 |
RBLBANK | 169.76 | 175 |
RECLTD | 384.35 | 420 |
RELIANCE | 1165.7 | 1240 |
SAIL | 104.63 | 115 |
SBICARD | 812.05 | 850 |
SBILIFE | 1460.8 | 1540 |
SBIN | 746.9 | 780 |
SHREECEM | 29751.55 | 30500 |
SHRIRAMFIN | 614 | 640 |
SIEMENS | 2812.45 | 3000 |
SILVER | 88555 | 95000 |
SJVN | 88.91 | 92 |
SOLARINDS | 10645.25 | 11000 |
SONACOMS | 406.6 | 440 |
SRF | 2715.2 | 2860 |
SUNPHARMA | 1666.35 | 1720 |
SUPREMEIND | 3112.4 | 3300 |
SYNGENE | 697.1 | 720 |
TATACHEM | 800.5 | 850 |
TATACOMM | 1549.85 | 1600 |
TATACONSUM | 1047.35 | 1050 |
TATAELXSI | 4808.3 | 5000 |
TATAMOTORS | 579.75 | 630 |
TATAPOWER | 354.85 | 385 |
TATASTEEL | 129.48 | 145 |
TATATECH | 608.4 | 650 |
TCS | 3274.05 | 3450 |
TECHM | 1288 | 1380 |
TIINDIA | 2578.95 | 2700 |
TITAGARH | 748.7 | 780 |
TITAN | 3022.2 | 3100 |
TORNTPHARM | 3233.55 | 3250 |
TORNTPOWER | 1496.7 | 1500 |
TRENT | 4740.95 | 5100 |
TVSMOTOR | 2368.15 | 2440 |
ULTRACEMCO | 11191.6 | 11300 |
UNIONBANK | 117.93 | 122 |
UNITDSPR | 1403.8 | 1400 |
UPL | 614.45 | 640 |
VBL | 519.6 | 530 |
VEDL | 374.05 | 420 |
VOLTAS | 1294.95 | 1360 |
WIPRO | 242.9 | 255 |
YESBANK | 16.85 | 17 |
ZOMATO | 209.63 | 210 |
ZYDUSLIFE | 837.6 | 880 |
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.