AXISBANK
Axis Bank Limited
Max pain for AXISBANK
26 Oct 2025 01:42 AM IST
Max Pain for AXISBANK is 1190
Strike 950 has a total call value of 0 versus a total put value of 405,819,375,000 Combined total value = 405,819,375,000
Strike 960 has a total call value of 0 versus a total put value of 387,952,500,000 Combined total value = 387,952,500,000
Strike 970 has a total call value of 0 versus a total put value of 370,085,625,000 Combined total value = 370,085,625,000
Strike 980 has a total call value of 0 versus a total put value of 352,218,750,000 Combined total value = 352,218,750,000
Strike 990 has a total call value of 0 versus a total put value of 334,465,625,000 Combined total value = 334,465,625,000
Strike 1000 has a total call value of 0 versus a total put value of 316,737,500,000 Combined total value = 316,737,500,000
Strike 1010 has a total call value of 38,750,000 versus a total put value of 299,209,375,000 Combined total value = 299,248,125,000
Strike 1020 has a total call value of 77,500,000 versus a total put value of 281,690,000,000 Combined total value = 281,767,500,000
Strike 1030 has a total call value of 116,250,000 versus a total put value of 264,213,750,000 Combined total value = 264,330,000,000
Strike 1040 has a total call value of 155,000,000 versus a total put value of 246,737,500,000 Combined total value = 246,892,500,000
Strike 1050 has a total call value of 193,750,000 versus a total put value of 229,261,250,000 Combined total value = 229,455,000,000
Strike 1060 has a total call value of 280,625,000 versus a total put value of 211,940,000,000 Combined total value = 212,220,625,000
Strike 1070 has a total call value of 367,500,000 versus a total put value of 195,000,000,000 Combined total value = 195,367,500,000
Strike 1080 has a total call value of 454,375,000 versus a total put value of 178,181,875,000 Combined total value = 178,636,250,000
Strike 1090 has a total call value of 601,875,000 versus a total put value of 161,646,875,000 Combined total value = 162,248,750,000
Strike 1100 has a total call value of 749,375,000 versus a total put value of 145,203,125,000 Combined total value = 145,952,500,000
Strike 1110 has a total call value of 1,107,500,000 versus a total put value of 129,687,500,000 Combined total value = 130,795,000,000
Strike 1120 has a total call value of 1,506,875,000 versus a total put value of 114,279,375,000 Combined total value = 115,786,250,000
Strike 1130 has a total call value of 2,061,250,000 versus a total put value of 99,155,000,000 Combined total value = 101,216,250,000
Strike 1140 has a total call value of 2,814,375,000 versus a total put value of 84,401,875,000 Combined total value = 87,216,250,000
Strike 1150 has a total call value of 3,923,750,000 versus a total put value of 70,468,125,000 Combined total value = 74,391,875,000
Strike 1160 has a total call value of 7,205,625,000 versus a total put value of 57,552,500,000 Combined total value = 64,758,125,000
Strike 1170 has a total call value of 14,385,000,000 versus a total put value of 45,962,500,000 Combined total value = 60,347,500,000
Strike 1180 has a total call value of 22,107,500,000 versus a total put value of 35,831,875,000 Combined total value = 57,939,375,000
Strike 1190 has a total call value of 30,689,375,000 versus a total put value of 26,858,750,000 Combined total value = 57,548,125,000
Strike 1200 has a total call value of 39,896,250,000 versus a total put value of 18,954,375,000 Combined total value = 58,850,625,000
Strike 1210 has a total call value of 50,993,125,000 versus a total put value of 13,014,375,000 Combined total value = 64,007,500,000
Strike 1220 has a total call value of 64,075,625,000 versus a total put value of 8,633,125,000 Combined total value = 72,708,750,000
Strike 1230 has a total call value of 78,055,625,000 versus a total put value of 5,269,375,000 Combined total value = 83,325,000,000
Strike 1240 has a total call value of 94,446,875,000 versus a total put value of 3,172,500,000 Combined total value = 97,619,375,000
Strike 1250 has a total call value of 111,301,250,000 versus a total put value of 1,643,125,000 Combined total value = 112,944,375,000
Strike 1260 has a total call value of 129,053,125,000 versus a total put value of 798,750,000 Combined total value = 129,851,875,000
Strike 1270 has a total call value of 147,729,375,000 versus a total put value of 349,375,000 Combined total value = 148,078,750,000
Strike 1280 has a total call value of 167,815,625,000 versus a total put value of 130,625,000 Combined total value = 167,946,250,000
Strike 1290 has a total call value of 188,804,375,000 versus a total put value of 42,500,000 Combined total value = 188,846,875,000
Strike 1300 has a total call value of 210,245,625,000 versus a total put value of 0 Combined total value = 210,245,625,000
Strike 1310 has a total call value of 232,863,125,000 versus a total put value of 0 Combined total value = 232,863,125,000
Strike 1320 has a total call value of 255,778,125,000 versus a total put value of 0 Combined total value = 255,778,125,000
Strike 1330 has a total call value of 279,182,500,000 versus a total put value of 0 Combined total value = 279,182,500,000
Strike 1340 has a total call value of 302,696,875,000 versus a total put value of 0 Combined total value = 302,696,875,000
Strike 1350 has a total call value of 326,991,250,000 versus a total put value of 0 Combined total value = 326,991,250,000
Strike 1360 has a total call value of 351,309,375,000 versus a total put value of 0 Combined total value = 351,309,375,000
Strike 1370 has a total call value of 375,743,750,000 versus a total put value of 0 Combined total value = 375,743,750,000
Strike 1380 has a total call value of 400,178,125,000 versus a total put value of 0 Combined total value = 400,178,125,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1140 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 300 |
| ADANIENSOL | 879.2 | 930 |
| ADANIENT | 2543.7 | 2560 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1440 |
| ALKEM | 5433 | 5550 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 580 |
| ANGELONE | 2136.4 | 2400 |
| APLAPOLLO | 1660.1 | 1720 |
| APOLLOHOSP | 7510 | 7800 |
| ASHOKLEY | 141.93 | 137.5 |
| ASIANPAINT | 2342.8 | 2440 |
| ASTRAL | 1373.8 | 1440 |
| AUBANK | 743.2 | 840 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1190 |
| BAJAJ-AUTO | 8702 | 9000 |
| BAJAJFINSV | 2003.2 | 2080 |
| BAJFINANCE | 985.1 | 1050 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 130 |
| BDL | 1497.8 | 1550 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1260 |
| BHARTIARTL | 1916.6 | 1960 |
| BHEL | 231.01 | 237.5 |
| BIOCON | 338.9 | 360 |
| BLUESTARCO | 1890.1 | 1960 |
| BOSCHLTD | 38150 | 39000 |
| BPCL | 324.35 | 335 |
| BRITANNIA | 5920.5 | 6000 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3900 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1660 |
| CIPLA | 1499.4 | 1590 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1700 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 300 |
| CUMMINSIND | 3947.6 | 4100 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 500 |
| DALBHARAT | 2215.4 | 2140 |
| DELHIVERY | 445.7 | 465 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 16000 |
| DLF | 716.05 | 760 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1270 |
| EICHERMOT | 7047 | 6900 |
| ETERNAL | 321 | 330 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 220 |
| FORTIS | 932.75 | 1040 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1900 |
| GMRAIRPORT | 87.28 | 91 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2200 |
| GRASIM | 2746.8 | 2820 |
| HAL | 4736.1 | 4800 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1500 |
| HDFCAMC | 5621 | 5650 |
| HDFCBANK | 945.05 | 990 |
| HDFCLIFE | 764.4 | 750 |
| HEROMOTOCO | 5328 | 5550 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 800 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2540 |
| HINDZINC | 449.1 | 490 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1390 |
| ICICIGI | 1894 | 1960 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 75 |
| IEX | 137.76 | 142.5 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 480 |
| INDHOTEL | 709.8 | 740 |
| INDIANB | 706.35 | 800 |
| INDIGO | 5561 | 5750 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 355 |
| INFY | 1448.9 | 1480 |
| INOXWIND | 137.46 | 150 |
| IOC | 145.04 | 152 |
| IRCTC | 703.1 | 720 |
| IREDA | 146.28 | 155 |
| IRFC | 121.91 | 125 |
| ITC | 405.1 | 410 |
| JINDALSTEL | 1029.5 | 1030 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 530 |
| JSWSTEEL | 1130.8 | 1150 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 490 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4200 |
| KFINTECH | 1070.8 | 1140 |
| KOTAKBANK | 1994.8 | 2140 |
| KPITTECH | 1212.8 | 1180 |
| LAURUSLABS | 832.3 | 900 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1160 |
| LT | 3729.5 | 3800 |
| LTF | 236.29 | 262.5 |
| LTIM | 5075 | 5550 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3550 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2450 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1180 |
| MAZDOCK | 2827.6 | 2850 |
| MCX | 7920.5 | 9000 |
| MFSL | 1545.6 | 1560 |
| MOTHERSON | 105.66 | 106 |
| MPHASIS | 2642.4 | 2800 |
| MUTHOOTFIN | 3020.3 | 3200 |
| NATIONALUM | 200.58 | 230 |
| NAUKRI | 1316.2 | 1380 |
| NBCC | 105.18 | 111 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1230 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 76 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1660 |
| OFSS | 8515 | 8700 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 250 |
| PAGEIND | 41240 | 41500 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1260 |
| PERSISTENT | 4951 | 5600 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 410 |
| PGEL | 514.65 | 560 |
| PHOENIXLTD | 1540.4 | 1660 |
| PIDILITIND | 1474.8 | 1510 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 117 |
| PNBHOUSING | 864.1 | 890 |
| POLICYBZR | 1677.1 | 1700 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 290 |
| POWERINDIA | 0 | 17250 |
| PPLPHARMA | 187.73 | 200 |
| PRESTIGE | 1507.4 | 1680 |
| RBLBANK | 272.35 | 295 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1420 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132 |
| SAMMAANCAP | 137.82 | 170 |
| SBICARD | 873.85 | 920 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 885 |
| SHREECEM | 28910 | 29000 |
| SHRIRAMFIN | 606.05 | 680 |
| SIEMENS | 3096.3 | 3150 |
| SILVER | 0 | 150000 |
| SILVERM | 142014 | 150000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 460 |
| SRF | 2806.9 | 3100 |
| SUNPHARMA | 1586.7 | 1680 |
| SUPREMEIND | 4234.2 | 4150 |
| SUZLON | 55.28 | 55 |
| SYNGENE | 609.45 | 640 |
| TATACONSUM | 1119 | 1150 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 360 |
| TATAPOWER | 383.8 | 400 |
| TATASTEEL | 167.4 | 175 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3020 |
| TECHM | 1407.7 | 1460 |
| TIINDIA | 3129.1 | 3200 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3600 |
| TMPV | 0 | 400 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1300 |
| TRENT | 4679 | 4800 |
| TVSMOTOR | 3414.4 | 3550 |
| ULTRACEMCO | 12070 | 12200 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1350 |
| UNOMINDA | 1268.9 | 1240 |
| UPL | 648 | 680 |
| VBL | 444.75 | 460 |
| VEDL | 447.95 | 480 |
| VOLTAS | 1340.2 | 1400 |
| WIPRO | 235.75 | 245 |
| YESBANK | 20.97 | 23 |
| ZYDUSLIFE | 975 | 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.
