AMBER
Amber Enterprises (I) Ltd
Max pain for AMBER
17 Aug 2025 12:59 AM ISTNext Refresh in
Max Pain for AMBER is 6400
Strike 6000 has a total call value of 0 versus a total put value of 40,000,000 Combined total value = 40,000,000
Strike 6100 has a total call value of 0 versus a total put value of 36,000,000 Combined total value = 36,000,000
Strike 6200 has a total call value of 0 versus a total put value of 32,000,000 Combined total value = 32,000,000
Strike 6300 has a total call value of 0 versus a total put value of 28,000,000 Combined total value = 28,000,000
Strike 6400 has a total call value of 0 versus a total put value of 24,000,000 Combined total value = 24,000,000
Strike 6500 has a total call value of 5,000,000 versus a total put value of 20,000,000 Combined total value = 25,000,000
Strike 6600 has a total call value of 10,000,000 versus a total put value of 16,000,000 Combined total value = 26,000,000
Strike 6700 has a total call value of 15,000,000 versus a total put value of 12,000,000 Combined total value = 27,000,000
Strike 6800 has a total call value of 20,000,000 versus a total put value of 8,000,000 Combined total value = 28,000,000
Strike 6900 has a total call value of 25,000,000 versus a total put value of 4,000,000 Combined total value = 29,000,000
Strike 7000 has a total call value of 30,000,000 versus a total put value of 0 Combined total value = 30,000,000
Strike 7100 has a total call value of 54,000,000 versus a total put value of 0 Combined total value = 54,000,000
Strike 7200 has a total call value of 78,000,000 versus a total put value of 0 Combined total value = 78,000,000
Strike 7300 has a total call value of 102,000,000 versus a total put value of 0 Combined total value = 102,000,000
Strike 7400 has a total call value of 126,000,000 versus a total put value of 0 Combined total value = 126,000,000
Strike 7500 has a total call value of 150,000,000 versus a total put value of 0 Combined total value = 150,000,000
Strike 7600 has a total call value of 207,000,000 versus a total put value of 0 Combined total value = 207,000,000
Strike 7700 has a total call value of 264,000,000 versus a total put value of 0 Combined total value = 264,000,000
Strike 7800 has a total call value of 321,000,000 versus a total put value of 0 Combined total value = 321,000,000
Strike 7900 has a total call value of 378,000,000 versus a total put value of 0 Combined total value = 378,000,000
Strike 8000 has a total call value of 435,000,000 versus a total put value of 0 Combined total value = 435,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1032.3 | 1040 |
| ABB | 5166 | 5100 |
| ABCAPITAL | 277.7 | 280 |
| ADANIENSOL | 763.4 | 760 |
| ADANIENT | 2285.9 | 2400 |
| ADANIGREEN | 936.2 | 940 |
| ADANIPORTS | 1335.7 | 1360 |
| ALKEM | 5302.5 | 5300 |
| AMBER | 7766 | 7500 |
| AMBUJACEM | 570.8 | 580 |
| ANGELONE | 2274.2 | 2300 |
| APLAPOLLO | 1674.9 | 1600 |
| APOLLOHOSP | 7887 | 7800 |
| ASHOKLEY | 129.07 | 130 |
| ASIANPAINT | 2574.3 | 2540 |
| ASTRAL | 1412.1 | 1420 |
| AUBANK | 699.3 | 720 |
| AUROPHARMA | 1043.3 | 1040 |
| AXISBANK | 1051.6 | 1060 |
| BAJAJ-AUTO | 9156 | 9000 |
| BAJAJFINSV | 2018.8 | 1980 |
| BAJFINANCE | 940.55 | 920 |
| BANDHANBNK | 163.48 | 167.5 |
| BANKBARODA | 235.3 | 240 |
| BANKINDIA | 113.05 | 112.5 |
| BDL | 1437.6 | 1500 |
| BEL | 374.2 | 380 |
| BHARATFORG | 1139.7 | 1140 |
| BHARTIARTL | 1891 | 1900 |
| BHEL | 214.21 | 215 |
| BIOCON | 358.4 | 360 |
| BLUESTARCO | 1956.2 | 1940 |
| BOSCHLTD | 40810 | 41000 |
| BPCL | 314.9 | 320 |
| BRITANNIA | 6096.5 | 6000 |
| BSE | 2216.6 | 2250 |
| CAMS | 3796.1 | 3800 |
| CANBK | 106.62 | 110 |
| CDSL | 1512.2 | 1520 |
| CGPOWER | 744.4 | 720 |
| CHOLAFIN | 1458.1 | 1480 |
| CIPLA | 1577.3 | 1580 |
| COALINDIA | 391.15 | 385 |
| COFORGE | 1698.6 | 1740 |
| COLPAL | 2466.3 | 2400 |
| CONCOR | 544.55 | 550 |
| CROMPTON | 330.3 | 330 |
| CUMMINSIND | 3944.4 | 3900 |
| CYIENT | 1186.3 | 1200 |
| DABUR | 553.75 | 545 |
| DALBHARAT | 2408 | 2400 |
| DELHIVERY | 476.75 | 475 |
| DIVISLAB | 6126 | 6200 |
| DIXON | 17980 | 17500 |
| DLF | 761.9 | 780 |
| DMART | 4801.5 | 4750 |
| DRREDDY | 1271.1 | 1260 |
| EICHERMOT | 6471 | 6300 |
| ETERNAL | 324.35 | 310 |
| EXIDEIND | 409.6 | 410 |
| FEDERALBNK | 190.65 | 195 |
| FORTIS | 949.2 | 930 |
| GAIL | 174.5 | 180 |
| GLENMARK | 2002.4 | 1980 |
| GMRAIRPORT | 87.13 | 90 |
| GODREJCP | 1252.8 | 1260 |
| GODREJPROP | 2017 | 2000 |
| GRASIM | 2820 | 2800 |
| HAL | 4463.5 | 4500 |
| HAVELLS | 1596.7 | 1580 |
| HCLTECH | 1454.2 | 1480 |
| HDFCAMC | 5585 | 5600 |
| HDFCBANK | 963.7 | 960 |
| HDFCLIFE | 762.15 | 780 |
| HEROMOTOCO | 5389 | 5200 |
| HFCL | 70.81 | 72.5 |
| HINDALCO | 741.5 | 730 |
| HINDPETRO | 385.9 | 389.5 |
| HINDUNILVR | 2686 | 2680 |
| HINDZINC | 439.45 | 440 |
| HUDCO | 216.2 | 215 |
| ICICIBANK | 1412 | 1410 |
| ICICIGI | 1865.9 | 1880 |
| ICICIPRULI | 608.15 | 610 |
| IDEA | 6.67 | 7 |
| IDFCFIRSTB | 71.68 | 70 |
| IEX | 142.76 | 145 |
| IGL | 216.96 | 210 |
| IIFL | 436.2 | 440 |
| INDHOTEL | 776.4 | 780 |
| INDIANB | 667.9 | 660 |
| INDIGO | 5727 | 5800 |
| INDUSINDBK | 760.25 | 770 |
| INDUSTOWER | 325.05 | 330 |
| INFY | 1470.9 | 1500 |
| INOXWIND | 145.26 | 145 |
| IOC | 140.12 | 140 |
| IRCTC | 711.5 | 720 |
| IREDA | 145.83 | 150 |
| IRFC | 122.98 | 125 |
| ITC | 417.05 | 410 |
| JINDALSTEL | 1030.05 | 1010 |
| JIOFIN | 310.55 | 320 |
| JSWENERGY | 504.8 | 510 |
| JSWSTEEL | 1072.9 | 1060 |
| JUBLFOOD | 659 | 650 |
| KALYANKJIL | 504.85 | 510 |
| KAYNES | 6767 | 6600 |
| KEI | 4133.4 | 4100 |
| KFINTECH | 1056.1 | 1050 |
| KOTAKBANK | 1952.1 | 1980 |
| KPITTECH | 1223 | 1220 |
| LAURUSLABS | 873.4 | 870 |
| LICHSGFIN | 556.5 | 570 |
| LICI | 881.3 | 880 |
| LODHA | 1201.4 | 1220 |
| LT | 3589.1 | 3600 |
| LTF | 229.5 | 220 |
| LTIM | 5189 | 5200 |
| LUPIN | 1944.4 | 1940 |
| M&M | 3492 | 3400 |
| MANAPPURAM | 285.05 | 275 |
| MANKIND | 2580.8 | 2500 |
| MARICO | 741.85 | 730 |
| MARUTI | 14770 | 14700 |
| MAXHEALTH | 1164.3 | 1200 |
| MAZDOCK | 2686.4 | 2700 |
| MCX | 7718.5 | 7700 |
| MFSL | 1571.8 | 1600 |
| MOTHERSON | 95.6 | 97.5 |
| MPHASIS | 2880 | 2900 |
| MUTHOOTFIN | 2831 | 2700 |
| NATIONALUM | 208.1 | 200 |
| NAUKRI | 1353.7 | 1360 |
| NBCC | 102.48 | 102.5 |
| NCC | 208.99 | 210 |
| NESTLEIND | 1215.1 | 1190 |
| NHPC | 78.51 | 80 |
| NMDC | 73.89 | 73 |
| NTPC | 332.75 | 335 |
| NUVAMA | 6532 | 6500 |
| NYKAA | 239.16 | 230 |
| OBEROIRLTY | 1670.2 | 1680 |
| OFSS | 8349.5 | 8500 |
| OIL | 395.35 | 400 |
| ONGC | 236.73 | 240 |
| PAGEIND | 44905 | 45000 |
| PATANJALI | 1814.7 | 1800 |
| PAYTM | 1245.1 | 1240 |
| PERSISTENT | 5308.5 | 5400 |
| PETRONET | 275.15 | 285 |
| PFC | 392.1 | 400 |
| PGEL | 560.2 | 560 |
| PHOENIXLTD | 1506.5 | 1540 |
| PIDILITIND | 3114.7 | 3100 |
| PIIND | 3748.3 | 3750 |
| PNB | 103.83 | 105 |
| PNBHOUSING | 782.9 | 780 |
| POLICYBZR | 1878.1 | 1850 |
| POLYCAB | 7294 | 7200 |
| POWERGRID | 282.65 | 290 |
| PPLPHARMA | 199.46 | 200 |
| PRESTIGE | 1569.4 | 1600 |
| RBLBANK | 268.15 | 260 |
| RECLTD | 366.5 | 370 |
| RELIANCE | 1365.2 | 1390 |
| RVNL | 326.3 | 320 |
| SAIL | 127.99 | 127.5 |
| SAMMAANCAP | 138.68 | 135 |
| SBICARD | 798.4 | 800 |
| SBILIFE | 1800.6 | 1820 |
| SBIN | 811.8 | 820 |
| SHREECEM | 29885 | 30000 |
| SHRIRAMFIN | 587.45 | 600 |
| SIEMENS | 3187.8 | 3150 |
| SOLARINDS | 13992 | 14000 |
| SONACOMS | 445.35 | 450 |
| SRF | 2915.3 | 2950 |
| SUNPHARMA | 1571.1 | 1580 |
| SUPREMEIND | 4561 | 4600 |
| SUZLON | 57.87 | 58 |
| SYNGENE | 659.6 | 650 |
| TATACHEM | 934.55 | 940 |
| TATACONSUM | 1078.8 | 1090 |
| TATAELXSI | 5410.5 | 5500 |
| TATAMOTORS | 694.05 | 700 |
| TATAPOWER | 385 | 390 |
| TATASTEEL | 167.39 | 165 |
| TATATECH | 682.5 | 680 |
| TCS | 3103.3 | 3140 |
| TECHM | 1506.1 | 1520 |
| TIINDIA | 3025 | 3050 |
| TITAGARH | 842.25 | 840 |
| TITAN | 3697.6 | 3600 |
| TORNTPHARM | 3600 | 3600 |
| TORNTPOWER | 1307.7 | 1300 |
| TRENT | 5580 | 5500 |
| TVSMOTOR | 3452 | 3350 |
| ULTRACEMCO | 12733 | 12700 |
| UNIONBANK | 127.98 | 130 |
| UNITDSPR | 1327.2 | 1340 |
| UNOMINDA | 1287 | 1300 |
| UPL | 705.35 | 700 |
| VBL | 495.1 | 500 |
| VEDL | 440.2 | 434 |
| VOLTAS | 1419 | 1400 |
| WIPRO | 247.5 | 250 |
| YESBANK | 20.36 | 20 |
| ZYDUSLIFE | 1010.65 | 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.
