ZOMATO
Zomato Limited
Max pain for ZOMATO
12 Dec 2024 10:54 AM IST
Max Pain for ZOMATO is 280
Strike 240 has a total call value of 0 versus a total put value of 116,100,000,000 Combined total value = 116,100,000,000
Strike 245 has a total call value of 0 versus a total put value of 99,527,000,000 Combined total value = 99,527,000,000
Strike 250 has a total call value of 0 versus a total put value of 82,954,000,000 Combined total value = 82,954,000,000
Strike 255 has a total call value of 3,528,000,000 versus a total put value of 69,896,000,000 Combined total value = 73,424,000,000
Strike 260 has a total call value of 7,084,000,000 versus a total put value of 57,164,000,000 Combined total value = 64,248,000,000
Strike 265 has a total call value of 10,732,000,000 versus a total put value of 45,681,000,000 Combined total value = 56,413,000,000
Strike 270 has a total call value of 14,391,000,000 versus a total put value of 34,550,000,000 Combined total value = 48,941,000,000
Strike 275 has a total call value of 20,674,000,000 versus a total put value of 25,979,000,000 Combined total value = 46,653,000,000
Strike 280 has a total call value of 27,214,000,000 versus a total put value of 18,142,000,000 Combined total value = 45,356,000,000
Strike 285 has a total call value of 34,885,000,000 versus a total put value of 12,890,000,000 Combined total value = 47,775,000,000
Strike 290 has a total call value of 43,009,000,000 versus a total put value of 8,349,000,000 Combined total value = 51,358,000,000
Strike 295 has a total call value of 52,375,000,000 versus a total put value of 5,102,000,000 Combined total value = 57,477,000,000
Strike 300 has a total call value of 62,872,000,000 versus a total put value of 2,759,000,000 Combined total value = 65,631,000,000
Strike 305 has a total call value of 78,061,000,000 versus a total put value of 1,636,000,000 Combined total value = 79,697,000,000
Strike 310 has a total call value of 95,111,000,000 versus a total put value of 944,000,000 Combined total value = 96,055,000,000
Strike 315 has a total call value of 114,099,000,000 versus a total put value of 516,000,000 Combined total value = 114,615,000,000
Strike 320 has a total call value of 133,870,000,000 versus a total put value of 242,000,000 Combined total value = 134,112,000,000
Strike 325 has a total call value of 155,987,000,000 versus a total put value of 129,000,000 Combined total value = 156,116,000,000
Strike 330 has a total call value of 178,475,000,000 versus a total put value of 54,000,000 Combined total value = 178,529,000,000
Strike 335 has a total call value of 203,040,000,000 versus a total put value of 27,000,000 Combined total value = 203,067,000,000
Strike 340 has a total call value of 227,825,000,000 versus a total put value of 0 Combined total value = 227,825,000,000
Max-Pain Table for Monthly Expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 441.8 | 450 |
| ABB | 7677.45 | 7600 |
| ABBOTINDIA | 28774.55 | 28000 |
| ABCAPITAL | 199.07 | 200 |
| ABFRL | 305.2 | 310 |
| ACC | 2254.2 | 2260 |
| ADANIENSOL | 813.8 | 800 |
| ADANIENT | 2497.75 | 2500 |
| ADANIGREEN | 1225.8 | 1200 |
| ADANIPORTS | 1256 | 1260 |
| ALKEM | 5458.55 | 5500 |
| AMBUJACEM | 575.4 | 570 |
| ANGELONE | 3422.3 | 3300 |
| APLAPOLLO | 1612.4 | 1600 |
| APOLLOHOSP | 7225 | 7200 |
| APOLLOTYRE | 543.1 | 530 |
| ASHOKLEY | 230.1 | 230 |
| ASIANPAINT | 2394 | 2440 |
| ASTRAL | 1842.9 | 1860 |
| ATGL | 740.25 | 730 |
| ATUL | 7254.95 | 7400 |
| AUBANK | 594.05 | 590 |
| AUROPHARMA | 1219.5 | 1240 |
| AXISBANK | 1151.85 | 1160 |
| BAJAJ-AUTO | 9038.95 | 9100 |
| BAJAJFINSV | 1684.55 | 1660 |
| BAJFINANCE | 7125.4 | 7000 |
| BALKRISIND | 2801.25 | 2800 |
| BANDHANBNK | 172.46 | 175 |
| BANKBARODA | 259.26 | 260 |
| BANKINDIA | 112.77 | 115 |
| BATAINDIA | 1431.7 | 1430 |
| BEL | 314.3 | 310 |
| BERGEPAINT | 473.15 | 480 |
| BHARATFORG | 1364.75 | 1360 |
| BHARTIARTL | 1597.05 | 1600 |
| BHEL | 248.45 | 250 |
| BIOCON | 362.6 | 370 |
| BOSCHLTD | 36008.5 | 35500 |
| BPCL | 304.7 | 300 |
| BRITANNIA | 4900 | 4900 |
| BSE | 5652.3 | 5200 |
| BSOFT | 614.15 | 600 |
| CAMS | 5295.1 | 5200 |
| CANBK | 107.67 | 108 |
| CANFINHOME | 814.4 | 820 |
| CDSL | 1941.7 | 1840 |
| CESC | 191.29 | 195 |
| CGPOWER | 778.6 | 770 |
| CHAMBLFERT | 528.15 | 530 |
| CHOLAFIN | 1347 | 1300 |
| CIPLA | 1445.15 | 1480 |
| COALINDIA | 411.35 | 420 |
| COFORGE | 9273.3 | 9000 |
| COLPAL | 2849 | 2900 |
| CONCOR | 833.1 | 840 |
| COROMANDEL | 1777.45 | 1780 |
| CROMPTON | 410.5 | 410 |
| CUB | 184.5 | 185 |
| CUMMINSIND | 3634.1 | 3500 |
| CYIENT | 2086 | 2000 |
| DABUR | 507.75 | 510 |
| DALBHARAT | 1941.95 | 1900 |
| DEEPAKNTR | 2679.45 | 2700 |
| DELHIVERY | 381.1 | 370 |
| DIVISLAB | 5978 | 6000 |
| DIXON | 17732.55 | 17000 |
| DLF | 862.4 | 850 |
| DMART | 3708.45 | 3700 |
| DRREDDY | 1230.6 | 1220 |
| EICHERMOT | 4797.55 | 4850 |
| ESCORTS | 3462 | 3500 |
| EXIDEIND | 468.1 | 460 |
| FEDERALBNK | 214.95 | 215 |
| GAIL | 206.14 | 207.5 |
| GLENMARK | 1533.5 | 1540 |
| GMRINFRA | 0 | 36 |
| GNFC | 617.25 | 630 |
| GODREJCP | 1118.85 | 1140 |
| GODREJPROP | 2869.2 | 2850 |
| GRANULES | 587.15 | 560 |
| GRASIM | 2657.15 | 2640 |
| GUJGASLTD | 513.15 | 510 |
| HAL | 4677.85 | 4600 |
| HAVELLS | 1740.3 | 1740 |
| HCLTECH | 1937.4 | 1900 |
| HDFCAMC | 4556 | 4400 |
| HDFCBANK | 1861.2 | 1820 |
| HDFCLIFE | 630.6 | 640 |
| HEROMOTOCO | 4580.05 | 4700 |
| HFCL | 126.4 | 130 |
| HINDALCO | 667.1 | 670 |
| HINDCOPPER | 288.9 | 290 |
| HINDPETRO | 408.55 | 395 |
| HINDUNILVR | 2367.45 | 2420 |
| HUDCO | 246.37 | 245 |
| ICICIBANK | 1336.7 | 1320 |
| ICICIGI | 1948.95 | 1940 |
| ICICIPRULI | 689.3 | 690 |
| IDEA | 7.93 | 8 |
| IDFCFIRSTB | 64.74 | 65 |
| IEX | 188.64 | 185 |
| IGL | 386.2 | 360 |
| INDHOTEL | 839.35 | 820 |
| INDIAMART | 2377.1 | 2400 |
| INDIANB | 575.3 | 590 |
| INDIGO | 4421.4 | 4450 |
| INDUSINDBK | 998.55 | 1000 |
| INDUSTOWER | 352.2 | 360 |
| INFY | 1990.9 | 1940 |
| IOC | 142.14 | 140 |
| IPCALAB | 1569.9 | 1540 |
| IRB | 58.25 | 59 |
| IRCTC | 844.95 | 840 |
| IRFC | 162.77 | 160 |
| ITC | 465.4 | 470 |
| JINDALSTEL | 994.25 | 970 |
| JIOFIN | 341.85 | 340 |
| JKCEMENT | 4649.85 | 4600 |
| JSL | 746.35 | 740 |
| JSWENERGY | 675.9 | 660 |
| JSWSTEEL | 995.9 | 1000 |
| JUBLFOOD | 681.5 | 680 |
| KALYANKJIL | 771.85 | 750 |
| KEI | 4557 | 4400 |
| KOTAKBANK | 1782.25 | 1800 |
| KPITTECH | 1550.05 | 1500 |
| LALPATHLAB | 3102.5 | 3100 |
| LAURUSLABS | 569.25 | 570 |
| LICHSGFIN | 634.3 | 640 |
| LICI | 939.55 | 950 |
| LODHA | 1420.15 | 1340 |
| LT | 3866.1 | 3800 |
| LTF | 148.79 | 147.5 |
| LTIM | 6682.55 | 6500 |
| LTTS | 5385.8 | 5350 |
| LUPIN | 2149.05 | 2100 |
| M&M | 3065 | 3050 |
| M&MFIN | 280.75 | 280 |
| MANAPPURAM | 179.04 | 160 |
| MARICO | 640.45 | 630 |
| MARUTI | 11150 | 11200 |
| MAXHEALTH | 1164.1 | 1100 |
| MCX | 6760 | 6600 |
| METROPOLIS | 2213.7 | 2200 |
| MFSL | 1129.85 | 1160 |
| MGL | 1281.4 | 1280 |
| MOTHERSON | 166.27 | 165 |
| MPHASIS | 3207.45 | 3100 |
| MRF | 132070.1 | 132000 |
| MUTHOOTFIN | 2085 | 2020 |
| NATIONALUM | 242.59 | 245 |
| NAUKRI | 8676.95 | 8500 |
| NAVINFLUOR | 3594.25 | 3600 |
| NCC | 305.25 | 310 |
| NESTLEIND | 2233.05 | 2260 |
| NHPC | 85.5 | 85 |
| NMDC | 238.55 | 240 |
| NTPC | 359.75 | 365 |
| NYKAA | 171.2 | 170 |
| OBEROIRLTY | 2125.4 | 2100 |
| OFSS | 12197.4 | 12250 |
| OIL | 469.4 | 470 |
| ONGC | 255.3 | 259 |
| PAGEIND | 47264.7 | 46500 |
| PAYTM | 964.35 | 960 |
| PEL | 1255.65 | 1220 |
| PERSISTENT | 6411.5 | 6300 |
| PETRONET | 343.95 | 340 |
| PFC | 509.55 | 500 |
| PIDILITIND | 3166.7 | 3180 |
| PIIND | 4026.2 | 4100 |
| PNB | 107.63 | 109 |
| POLICYBZR | 2153.45 | 2000 |
| POLYCAB | 7402.85 | 7300 |
| POONAWALLA | 362.1 | 360 |
| POWERGRID | 327.1 | 330 |
| PRESTIGE | 1746.35 | 1700 |
| PVRINOX | 1465.05 | 1540 |
| RAMCOCEM | 1003.95 | 1000 |
| RBLBANK | 176.5 | 170 |
| RECLTD | 567.9 | 550 |
| RELIANCE | 1268.85 | 1300 |
| SAIL | 126.39 | 125 |
| SBICARD | 730.8 | 720 |
| SBILIFE | 1435.65 | 1440 |
| SBIN | 853.45 | 850 |
| SHREECEM | 27301 | 27000 |
| SHRIRAMFIN | 3234 | 3200 |
| SIEMENS | 7893.95 | 7700 |
| SJVN | 118.23 | 120 |
| SONACOMS | 640.75 | 650 |
| SRF | 2300 | 2300 |
| SUNPHARMA | 1809.25 | 1800 |
| SUNTV | 733.45 | 750 |
| SUPREMEIND | 4857 | 4900 |
| SYNGENE | 886 | 900 |
| TATACHEM | 1108.5 | 1120 |
| TATACOMM | 1846.15 | 1820 |
| TATACONSUM | 920.7 | 940 |
| TATAELXSI | 7350.3 | 7300 |
| TATAMOTORS | 787.85 | 800 |
| TATAPOWER | 430.75 | 435 |
| TATASTEEL | 149.75 | 150 |
| TCS | 4466.9 | 4400 |
| TECHM | 1789.8 | 1760 |
| TIINDIA | 3675.65 | 3700 |
| TITAN | 3432.75 | 3400 |
| TORNTPHARM | 3382.5 | 3350 |
| TRENT | 7050 | 6900 |
| TVSMOTOR | 2503.35 | 2500 |
| UBL | 1985.65 | 1960 |
| ULTRACEMCO | 11866.8 | 11700 |
| UNIONBANK | 128.6 | 127 |
| UNITDSPR | 1519.25 | 1520 |
| UPL | 545.85 | 550 |
| VBL | 636.4 | 640 |
| VEDL | 524.65 | 500 |
| VOLTAS | 1795.7 | 1760 |
| WIPRO | 311.15 | 300 |
| YESBANK | 21.4 | 21 |
| ZOMATO | 290.65 | 280 |
| ZYDUSLIFE | 978.95 | 980 |
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.
