BAJFINANCE
Bajaj Finance Limited
Max pain for BAJFINANCE
25 Oct 2025 03:52 PM IST
Max Pain for BAJFINANCE is 1050
Strike 740 has a total call value of 0 versus a total put value of 421,353,000,000 Combined total value = 421,353,000,000
Strike 750 has a total call value of 0 versus a total put value of 405,597,000,000 Combined total value = 405,597,000,000
Strike 760 has a total call value of 0 versus a total put value of 389,841,000,000 Combined total value = 389,841,000,000
Strike 770 has a total call value of 0 versus a total put value of 374,085,000,000 Combined total value = 374,085,000,000
Strike 780 has a total call value of 0 versus a total put value of 358,329,000,000 Combined total value = 358,329,000,000
Strike 790 has a total call value of 0 versus a total put value of 342,573,000,000 Combined total value = 342,573,000,000
Strike 800 has a total call value of 0 versus a total put value of 326,817,000,000 Combined total value = 326,817,000,000
Strike 810 has a total call value of 64,500,000 versus a total put value of 311,061,000,000 Combined total value = 311,125,500,000
Strike 820 has a total call value of 129,000,000 versus a total put value of 295,305,000,000 Combined total value = 295,434,000,000
Strike 830 has a total call value of 193,500,000 versus a total put value of 279,612,750,000 Combined total value = 279,806,250,000
Strike 840 has a total call value of 263,250,000 versus a total put value of 263,920,500,000 Combined total value = 264,183,750,000
Strike 850 has a total call value of 339,000,000 versus a total put value of 248,228,250,000 Combined total value = 248,567,250,000
Strike 860 has a total call value of 418,500,000 versus a total put value of 232,991,250,000 Combined total value = 233,409,750,000
Strike 870 has a total call value of 518,250,000 versus a total put value of 218,118,000,000 Combined total value = 218,636,250,000
Strike 880 has a total call value of 618,000,000 versus a total put value of 203,347,500,000 Combined total value = 203,965,500,000
Strike 890 has a total call value of 765,000,000 versus a total put value of 188,658,750,000 Combined total value = 189,423,750,000
Strike 900 has a total call value of 912,000,000 versus a total put value of 174,055,500,000 Combined total value = 174,967,500,000
Strike 910 has a total call value of 1,245,750,000 versus a total put value of 160,052,250,000 Combined total value = 161,298,000,000
Strike 920 has a total call value of 1,625,250,000 versus a total put value of 146,176,500,000 Combined total value = 147,801,750,000
Strike 930 has a total call value of 2,103,000,000 versus a total put value of 132,594,000,000 Combined total value = 134,697,000,000
Strike 940 has a total call value of 2,613,750,000 versus a total put value of 119,127,750,000 Combined total value = 121,741,500,000
Strike 950 has a total call value of 3,255,750,000 versus a total put value of 105,848,250,000 Combined total value = 109,104,000,000
Strike 960 has a total call value of 4,134,750,000 versus a total put value of 93,187,500,000 Combined total value = 97,322,250,000
Strike 970 has a total call value of 5,148,000,000 versus a total put value of 80,807,250,000 Combined total value = 85,955,250,000
Strike 980 has a total call value of 6,504,750,000 versus a total put value of 68,817,750,000 Combined total value = 75,322,500,000
Strike 990 has a total call value of 8,032,500,000 versus a total put value of 57,399,000,000 Combined total value = 65,431,500,000
Strike 1000 has a total call value of 9,678,000,000 versus a total put value of 46,291,500,000 Combined total value = 55,969,500,000
Strike 1010 has a total call value of 11,808,000,000 versus a total put value of 36,818,250,000 Combined total value = 48,626,250,000
Strike 1020 has a total call value of 14,088,750,000 versus a total put value of 27,855,000,000 Combined total value = 41,943,750,000
Strike 1030 has a total call value of 17,205,750,000 versus a total put value of 21,135,000,000 Combined total value = 38,340,750,000
Strike 1040 has a total call value of 20,771,250,000 versus a total put value of 15,276,750,000 Combined total value = 36,048,000,000
Strike 1050 has a total call value of 24,868,500,000 versus a total put value of 10,413,000,000 Combined total value = 35,281,500,000
Strike 1060 has a total call value of 29,559,000,000 versus a total put value of 6,756,000,000 Combined total value = 36,315,000,000
Strike 1070 has a total call value of 34,899,000,000 versus a total put value of 4,224,750,000 Combined total value = 39,123,750,000
Strike 1080 has a total call value of 40,632,750,000 versus a total put value of 2,559,000,000 Combined total value = 43,191,750,000
Strike 1090 has a total call value of 46,936,500,000 versus a total put value of 1,512,750,000 Combined total value = 48,449,250,000
Strike 1100 has a total call value of 53,776,500,000 versus a total put value of 841,500,000 Combined total value = 54,618,000,000
Strike 1110 has a total call value of 62,450,250,000 versus a total put value of 551,250,000 Combined total value = 63,001,500,000
Strike 1120 has a total call value of 71,665,500,000 versus a total put value of 330,000,000 Combined total value = 71,995,500,000
Strike 1130 has a total call value of 81,462,000,000 versus a total put value of 183,000,000 Combined total value = 81,645,000,000
Strike 1140 has a total call value of 91,485,750,000 versus a total put value of 87,000,000 Combined total value = 91,572,750,000
Strike 1150 has a total call value of 102,048,750,000 versus a total put value of 33,750,000 Combined total value = 102,082,500,000
Strike 1160 has a total call value of 112,967,250,000 versus a total put value of 0 Combined total value = 112,967,250,000
Strike 1170 has a total call value of 125,244,000,000 versus a total put value of 0 Combined total value = 125,244,000,000
Strike 1180 has a total call value of 137,604,000,000 versus a total put value of 0 Combined total value = 137,604,000,000
Strike 1190 has a total call value of 150,141,000,000 versus a total put value of 0 Combined total value = 150,141,000,000
Strike 1200 has a total call value of 162,678,000,000 versus a total put value of 0 Combined total value = 162,678,000,000
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.
