BAJAJFINSV
Bajaj Finserv Ltd.
Max pain for BAJAJFINSV
21 Sep 2025 04:12 PM ISTNext Refresh in
Max Pain for BAJAJFINSV is 2040
Strike 1600 has a total call value of 0 versus a total put value of 179,138,000,000 Combined total value = 179,138,000,000
Strike 1620 has a total call value of 0 versus a total put value of 169,250,000,000 Combined total value = 169,250,000,000
Strike 1640 has a total call value of 0 versus a total put value of 159,362,000,000 Combined total value = 159,362,000,000
Strike 1660 has a total call value of 0 versus a total put value of 149,474,000,000 Combined total value = 149,474,000,000
Strike 1680 has a total call value of 0 versus a total put value of 139,586,000,000 Combined total value = 139,586,000,000
Strike 1700 has a total call value of 0 versus a total put value of 129,698,000,000 Combined total value = 129,698,000,000
Strike 1720 has a total call value of 0 versus a total put value of 119,810,000,000 Combined total value = 119,810,000,000
Strike 1740 has a total call value of 0 versus a total put value of 109,922,000,000 Combined total value = 109,922,000,000
Strike 1760 has a total call value of 0 versus a total put value of 100,035,000,000 Combined total value = 100,035,000,000
Strike 1780 has a total call value of 0 versus a total put value of 90,944,000,000 Combined total value = 90,944,000,000
Strike 1800 has a total call value of 0 versus a total put value of 81,908,000,000 Combined total value = 81,908,000,000
Strike 1820 has a total call value of 56,000,000 versus a total put value of 73,137,000,000 Combined total value = 73,193,000,000
Strike 1840 has a total call value of 112,000,000 versus a total put value of 64,366,000,000 Combined total value = 64,478,000,000
Strike 1860 has a total call value of 206,000,000 versus a total put value of 55,724,000,000 Combined total value = 55,930,000,000
Strike 1880 has a total call value of 300,000,000 versus a total put value of 47,264,000,000 Combined total value = 47,564,000,000
Strike 1900 has a total call value of 394,000,000 versus a total put value of 39,170,000,000 Combined total value = 39,564,000,000
Strike 1920 has a total call value of 576,000,000 versus a total put value of 32,410,000,000 Combined total value = 32,986,000,000
Strike 1940 has a total call value of 758,000,000 versus a total put value of 25,933,000,000 Combined total value = 26,691,000,000
Strike 1960 has a total call value of 1,113,000,000 versus a total put value of 20,309,000,000 Combined total value = 21,422,000,000
Strike 1980 has a total call value of 1,696,000,000 versus a total put value of 15,082,000,000 Combined total value = 16,778,000,000
Strike 2000 has a total call value of 2,534,000,000 versus a total put value of 10,772,000,000 Combined total value = 13,306,000,000
Strike 2020 has a total call value of 4,170,000,000 versus a total put value of 7,784,000,000 Combined total value = 11,954,000,000
Strike 2040 has a total call value of 6,107,000,000 versus a total put value of 5,191,000,000 Combined total value = 11,298,000,000
Strike 2060 has a total call value of 8,447,000,000 versus a total put value of 3,160,000,000 Combined total value = 11,607,000,000
Strike 2080 has a total call value of 12,706,000,000 versus a total put value of 1,965,000,000 Combined total value = 14,671,000,000
Strike 2100 has a total call value of 17,804,000,000 versus a total put value of 1,101,000,000 Combined total value = 18,905,000,000
Strike 2120 has a total call value of 25,666,000,000 versus a total put value of 738,000,000 Combined total value = 26,404,000,000
Strike 2140 has a total call value of 34,184,000,000 versus a total put value of 523,000,000 Combined total value = 34,707,000,000
Strike 2160 has a total call value of 43,430,000,000 versus a total put value of 348,000,000 Combined total value = 43,778,000,000
Strike 2180 has a total call value of 53,439,000,000 versus a total put value of 173,000,000 Combined total value = 53,612,000,000
Strike 2200 has a total call value of 63,876,000,000 versus a total put value of 0 Combined total value = 63,876,000,000
Strike 2220 has a total call value of 75,492,000,000 versus a total put value of 0 Combined total value = 75,492,000,000
Strike 2240 has a total call value of 87,273,000,000 versus a total put value of 0 Combined total value = 87,273,000,000
Strike 2260 has a total call value of 99,593,000,000 versus a total put value of 0 Combined total value = 99,593,000,000
Strike 2280 has a total call value of 111,913,000,000 versus a total put value of 0 Combined total value = 111,913,000,000
Strike 2300 has a total call value of 124,604,000,000 versus a total put value of 0 Combined total value = 124,604,000,000
Strike 2320 has a total call value of 137,295,000,000 versus a total put value of 0 Combined total value = 137,295,000,000
Strike 2340 has a total call value of 149,986,000,000 versus a total put value of 0 Combined total value = 149,986,000,000
Strike 2360 has a total call value of 162,677,000,000 versus a total put value of 0 Combined total value = 162,677,000,000
Strike 2380 has a total call value of 175,368,000,000 versus a total put value of 0 Combined total value = 175,368,000,000
Strike 2400 has a total call value of 188,059,000,000 versus a total put value of 0 Combined total value = 188,059,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
360ONE | 1050.4 | 1100 |
ABB | 5362.8 | 5300 |
ABCAPITAL | 288.15 | 290 |
ADANIENSOL | 937.4 | 860 |
ADANIENT | 2629.5 | 2500 |
ADANIGREEN | 1152.15 | 1000 |
ADANIPORTS | 1444.2 | 1400 |
ALKEM | 5495 | 5500 |
AMBER | 8310.5 | 8000 |
AMBUJACEM | 590.3 | 585 |
ANGELONE | 2248 | 2300 |
APLAPOLLO | 1679.3 | 1680 |
APOLLOHOSP | 7739 | 7800 |
ASHOKLEY | 139.42 | 135 |
ASIANPAINT | 2482.7 | 2500 |
ASTRAL | 1438.4 | 1440 |
AUBANK | 706.05 | 710 |
AUROPHARMA | 1117.4 | 1100 |
AXISBANK | 1144.4 | 1100 |
BAJAJ-AUTO | 9054.5 | 9100 |
BAJAJFINSV | 2069.5 | 2040 |
BAJFINANCE | 1006.5 | 980 |
BANDHANBNK | 163.19 | 165 |
BANKBARODA | 251.14 | 245 |
BANKINDIA | 120.53 | 117.5 |
BDL | 1627.7 | 1550 |
BEL | 406.4 | 400 |
BHARATFORG | 1256 | 1220 |
BHARTIARTL | 1956.2 | 1920 |
BHEL | 239.6 | 230 |
BIOCON | 362.15 | 365 |
BLUESTARCO | 1996.8 | 1920 |
BOSCHLTD | 39570 | 40000 |
BPCL | 325.4 | 325 |
BRITANNIA | 6056.5 | 6100 |
BSE | 2156.2 | 2200 |
CAMS | 4014 | 4000 |
CANBK | 118.87 | 115 |
CDSL | 1558.5 | 1580 |
CGPOWER | 770.2 | 760 |
CHOLAFIN | 1630 | 1540 |
CIPLA | 1542.2 | 1560 |
COALINDIA | 394.7 | 390 |
COFORGE | 1716.9 | 1740 |
COLPAL | 2344.8 | 2360 |
CONCOR | 550.15 | 560 |
CROMPTON | 308.75 | 320 |
CUMMINSIND | 3990.1 | 4000 |
CYIENT | 1194.8 | 1240 |
DABUR | 522.05 | 540 |
DALBHARAT | 2378.5 | 2400 |
DELHIVERY | 467.9 | 475 |
DIVISLAB | 6092.5 | 6100 |
DIXON | 18082 | 18000 |
DLF | 773.75 | 780 |
DMART | 4671.2 | 4700 |
DRREDDY | 1301.4 | 1300 |
EICHERMOT | 6946 | 6700 |
ETERNAL | 341.85 | 330 |
EXIDEIND | 403.85 | 415 |
FEDERALBNK | 195 | 197.5 |
FORTIS | 966.25 | 950 |
GAIL | 180.95 | 180 |
GLENMARK | 2017.8 | 2060 |
GMRAIRPORT | 91.17 | 90 |
GODREJCP | 1232.2 | 1240 |
GODREJPROP | 2103.7 | 2050 |
GRASIM | 2854.1 | 2820 |
HAL | 4808.7 | 4800 |
HAVELLS | 1581.3 | 1600 |
HCLTECH | 1439.9 | 1480 |
HDFCAMC | 5827.5 | 5800 |
HDFCBANK | 964.2 | 970 |
HDFCLIFE | 787.8 | 780 |
HEROMOTOCO | 5429.5 | 5350 |
HFCL | 74.85 | 75 |
HINDALCO | 745.7 | 740 |
HINDPETRO | 412.75 | 405 |
HINDUNILVR | 2572.2 | 2600 |
HINDZINC | 459.25 | 450 |
HUDCO | 239.96 | 225 |
ICICIBANK | 1401.5 | 1410 |
ICICIGI | 1886.3 | 1880 |
ICICIPRULI | 609.5 | 610 |
IDEA | 8.39 | 8 |
IDFCFIRSTB | 70.92 | 72 |
IEX | 146.09 | 147.5 |
IGL | 211.56 | 215 |
IIFL | 450.1 | 450 |
INDHOTEL | 769.4 | 780 |
INDIANB | 704.55 | 690 |
INDIGO | 5747.5 | 5700 |
INDUSINDBK | 734.3 | 750 |
INDUSTOWER | 356 | 350 |
INFY | 1499.5 | 1500 |
INOXWIND | 152.43 | 150 |
IOC | 148.3 | 145 |
IRCTC | 727.1 | 730 |
IREDA | 159.06 | 150 |
IRFC | 128.54 | 127.5 |
ITC | 406.95 | 410 |
JINDALSTEL | 1032.45 | 1030 |
JIOFIN | 313.85 | 320 |
JSWENERGY | 542.95 | 530 |
JSWSTEEL | 1117 | 1100 |
JUBLFOOD | 622.8 | 630 |
KALYANKJIL | 505.25 | 520 |
KAYNES | 7083.5 | 7000 |
KEI | 4131.4 | 4150 |
KFINTECH | 1093.9 | 1150 |
KOTAKBANK | 2021.7 | 2000 |
KPITTECH | 1262.4 | 1280 |
LAURUSLABS | 903.8 | 910 |
LICHSGFIN | 587.3 | 580 |
LICI | 904.5 | 890 |
LODHA | 1212.3 | 1200 |
LT | 3644.5 | 3600 |
LTF | 248.09 | 240 |
LTIM | 5260 | 5300 |
LUPIN | 2004.4 | 2020 |
M&M | 3584.8 | 3550 |
MANAPPURAM | 293.9 | 285 |
MANKIND | 2594.9 | 2600 |
MARICO | 716.85 | 720 |
MARUTI | 15816 | 15200 |
MAXHEALTH | 1171.6 | 1160 |
MAZDOCK | 2976.4 | 2900 |
MCX | 7989.5 | 7900 |
MFSL | 1556.7 | 1560 |
MOTHERSON | 109.95 | 105 |
MPHASIS | 2852.4 | 3000 |
MUTHOOTFIN | 3047.6 | 2950 |
NATIONALUM | 210.94 | 210 |
NAUKRI | 1417.7 | 1380 |
NBCC | 114.95 | 107.5 |
NCC | 213.93 | 215 |
NESTLEIND | 1188.3 | 1190 |
NHPC | 87.73 | 85 |
NMDC | 76.86 | 75 |
NTPC | 339.2 | 335 |
NUVAMA | 6280.5 | 6400 |
NYKAA | 242.4 | 240 |
OBEROIRLTY | 1673.9 | 1660 |
OFSS | 9056.5 | 9100 |
OIL | 409.25 | 400 |
ONGC | 237.47 | 235 |
PAGEIND | 43405 | 44000 |
PATANJALI | 597.4 | 600 |
PAYTM | 1196.2 | 1200 |
PERSISTENT | 5271 | 5400 |
PETRONET | 275.9 | 285 |
PFC | 408.85 | 410 |
PGEL | 561 | 560 |
PHOENIXLTD | 1638.3 | 1580 |
PIDILITIND | 3038 | 3080 |
PIIND | 3668.9 | 3750 |
PNB | 113.04 | 111 |
PNBHOUSING | 859.05 | 840 |
POLICYBZR | 1796.6 | 1800 |
POLYCAB | 7657 | 7400 |
POWERGRID | 286.65 | 290 |
PPLPHARMA | 202.71 | 205 |
PRESTIGE | 1617.4 | 1600 |
RBLBANK | 269.7 | 260 |
RECLTD | 384 | 380 |
RELIANCE | 1390.6 | 1400 |
RVNL | 358.9 | 350 |
SAIL | 135.49 | 132.5 |
SBICARD | 869.05 | 870 |
SBILIFE | 1857.7 | 1840 |
SBIN | 855.25 | 840 |
SHREECEM | 29705 | 29750 |
SHRIRAMFIN | 627.85 | 620 |
SIEMENS | 3243.5 | 3250 |
SOLARINDS | 14464 | 14500 |
SONACOMS | 420.6 | 440 |
SRF | 2914 | 2950 |
SUNPHARMA | 1644 | 1600 |
SUPREMEIND | 4371.9 | 4500 |
SUZLON | 59.93 | 59 |
SYNGENE | 655.3 | 660 |
TATACHEM | 973.95 | 990 |
TATACONSUM | 1130.1 | 1110 |
TATAELXSI | 5607 | 5700 |
TATAMOTORS | 696.25 | 710 |
TATAPOWER | 395.3 | 395 |
TATASTEEL | 171.39 | 170 |
TATATECH | 702.25 | 710 |
TCS | 3073.8 | 3120 |
TECHM | 1505.4 | 1520 |
TIINDIA | 3350.1 | 3300 |
TITAGARH | 933.9 | 920 |
TITAN | 3457.5 | 3550 |
TORNTPHARM | 3655.9 | 3600 |
TORNTPOWER | 1268.6 | 1280 |
TRENT | 5010.5 | 5200 |
TVSMOTOR | 3525.6 | 3400 |
ULTRACEMCO | 12650 | 12600 |
UNIONBANK | 138.81 | 137.5 |
UNITDSPR | 1339.9 | 1320 |
UNOMINDA | 1312.7 | 1300 |
UPL | 682.8 | 700 |
VBL | 463.95 | 480 |
VEDL | 458.45 | 450 |
VOLTAS | 1376.2 | 1400 |
WIPRO | 250.33 | 250 |
YESBANK | 21.21 | 20 |
ZYDUSLIFE | 1035.7 | 1030 |
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.