BANKEX
Bank Index
Max pain for BANKEX
25 Oct 2025 03:51 PM IST
Max Pain for BANKEX is 65000
Strike 52500 has a total call value of 0 versus a total put value of 144,724,200,000 Combined total value = 144,724,200,000
Strike 52600 has a total call value of 0 versus a total put value of 143,344,800,000 Combined total value = 143,344,800,000
Strike 52700 has a total call value of 0 versus a total put value of 141,965,400,000 Combined total value = 141,965,400,000
Strike 52800 has a total call value of 0 versus a total put value of 140,586,000,000 Combined total value = 140,586,000,000
Strike 52900 has a total call value of 0 versus a total put value of 139,207,200,000 Combined total value = 139,207,200,000
Strike 53000 has a total call value of 0 versus a total put value of 137,828,400,000 Combined total value = 137,828,400,000
Strike 53100 has a total call value of 0 versus a total put value of 136,449,600,000 Combined total value = 136,449,600,000
Strike 53200 has a total call value of 0 versus a total put value of 135,070,800,000 Combined total value = 135,070,800,000
Strike 53300 has a total call value of 0 versus a total put value of 133,692,000,000 Combined total value = 133,692,000,000
Strike 53400 has a total call value of 0 versus a total put value of 132,313,200,000 Combined total value = 132,313,200,000
Strike 53500 has a total call value of 0 versus a total put value of 130,934,400,000 Combined total value = 130,934,400,000
Strike 53600 has a total call value of 0 versus a total put value of 129,555,600,000 Combined total value = 129,555,600,000
Strike 53700 has a total call value of 0 versus a total put value of 128,176,800,000 Combined total value = 128,176,800,000
Strike 53800 has a total call value of 0 versus a total put value of 126,798,000,000 Combined total value = 126,798,000,000
Strike 53900 has a total call value of 0 versus a total put value of 125,419,200,000 Combined total value = 125,419,200,000
Strike 54000 has a total call value of 0 versus a total put value of 124,040,400,000 Combined total value = 124,040,400,000
Strike 54100 has a total call value of 0 versus a total put value of 122,661,600,000 Combined total value = 122,661,600,000
Strike 54200 has a total call value of 0 versus a total put value of 121,282,800,000 Combined total value = 121,282,800,000
Strike 54300 has a total call value of 0 versus a total put value of 119,904,000,000 Combined total value = 119,904,000,000
Strike 54400 has a total call value of 0 versus a total put value of 118,525,200,000 Combined total value = 118,525,200,000
Strike 54500 has a total call value of 0 versus a total put value of 117,146,400,000 Combined total value = 117,146,400,000
Strike 54600 has a total call value of 0 versus a total put value of 115,767,600,000 Combined total value = 115,767,600,000
Strike 54700 has a total call value of 0 versus a total put value of 114,388,800,000 Combined total value = 114,388,800,000
Strike 54800 has a total call value of 0 versus a total put value of 113,010,600,000 Combined total value = 113,010,600,000
Strike 54900 has a total call value of 0 versus a total put value of 111,632,400,000 Combined total value = 111,632,400,000
Strike 55000 has a total call value of 0 versus a total put value of 110,254,200,000 Combined total value = 110,254,200,000
Strike 55100 has a total call value of 0 versus a total put value of 108,876,000,000 Combined total value = 108,876,000,000
Strike 55200 has a total call value of 0 versus a total put value of 107,497,800,000 Combined total value = 107,497,800,000
Strike 55300 has a total call value of 0 versus a total put value of 106,119,600,000 Combined total value = 106,119,600,000
Strike 55400 has a total call value of 0 versus a total put value of 104,741,400,000 Combined total value = 104,741,400,000
Strike 55500 has a total call value of 0 versus a total put value of 103,363,200,000 Combined total value = 103,363,200,000
Strike 55600 has a total call value of 0 versus a total put value of 101,985,000,000 Combined total value = 101,985,000,000
Strike 55700 has a total call value of 0 versus a total put value of 100,606,800,000 Combined total value = 100,606,800,000
Strike 55800 has a total call value of 0 versus a total put value of 99,228,600,000 Combined total value = 99,228,600,000
Strike 55900 has a total call value of 0 versus a total put value of 97,850,400,000 Combined total value = 97,850,400,000
Strike 56000 has a total call value of 0 versus a total put value of 96,472,200,000 Combined total value = 96,472,200,000
Strike 56100 has a total call value of 0 versus a total put value of 95,094,000,000 Combined total value = 95,094,000,000
Strike 56200 has a total call value of 0 versus a total put value of 93,715,800,000 Combined total value = 93,715,800,000
Strike 56300 has a total call value of 0 versus a total put value of 92,337,600,000 Combined total value = 92,337,600,000
Strike 56400 has a total call value of 0 versus a total put value of 90,959,400,000 Combined total value = 90,959,400,000
Strike 56500 has a total call value of 0 versus a total put value of 89,581,200,000 Combined total value = 89,581,200,000
Strike 56600 has a total call value of 0 versus a total put value of 88,203,000,000 Combined total value = 88,203,000,000
Strike 56700 has a total call value of 0 versus a total put value of 86,825,400,000 Combined total value = 86,825,400,000
Strike 56800 has a total call value of 0 versus a total put value of 85,447,800,000 Combined total value = 85,447,800,000
Strike 56900 has a total call value of 0 versus a total put value of 84,070,200,000 Combined total value = 84,070,200,000
Strike 57000 has a total call value of 0 versus a total put value of 82,692,600,000 Combined total value = 82,692,600,000
Strike 57100 has a total call value of 0 versus a total put value of 81,315,000,000 Combined total value = 81,315,000,000
Strike 57200 has a total call value of 0 versus a total put value of 79,937,400,000 Combined total value = 79,937,400,000
Strike 57300 has a total call value of 0 versus a total put value of 78,560,100,000 Combined total value = 78,560,100,000
Strike 57400 has a total call value of 0 versus a total put value of 77,183,100,000 Combined total value = 77,183,100,000
Strike 57500 has a total call value of 0 versus a total put value of 75,807,000,000 Combined total value = 75,807,000,000
Strike 57600 has a total call value of 0 versus a total put value of 74,430,900,000 Combined total value = 74,430,900,000
Strike 57700 has a total call value of 0 versus a total put value of 73,054,800,000 Combined total value = 73,054,800,000
Strike 57800 has a total call value of 0 versus a total put value of 71,678,700,000 Combined total value = 71,678,700,000
Strike 57900 has a total call value of 0 versus a total put value of 70,302,900,000 Combined total value = 70,302,900,000
Strike 58000 has a total call value of 0 versus a total put value of 68,927,100,000 Combined total value = 68,927,100,000
Strike 58100 has a total call value of 0 versus a total put value of 67,551,600,000 Combined total value = 67,551,600,000
Strike 58200 has a total call value of 0 versus a total put value of 66,176,100,000 Combined total value = 66,176,100,000
Strike 58300 has a total call value of 0 versus a total put value of 64,800,600,000 Combined total value = 64,800,600,000
Strike 58400 has a total call value of 0 versus a total put value of 63,425,100,000 Combined total value = 63,425,100,000
Strike 58500 has a total call value of 0 versus a total put value of 62,049,600,000 Combined total value = 62,049,600,000
Strike 58600 has a total call value of 300,000 versus a total put value of 60,675,600,000 Combined total value = 60,675,900,000
Strike 58700 has a total call value of 900,000 versus a total put value of 59,301,600,000 Combined total value = 59,302,500,000
Strike 58800 has a total call value of 1,500,000 versus a total put value of 57,928,200,000 Combined total value = 57,929,700,000
Strike 58900 has a total call value of 2,100,000 versus a total put value of 56,554,800,000 Combined total value = 56,556,900,000
Strike 59000 has a total call value of 3,000,000 versus a total put value of 55,181,400,000 Combined total value = 55,184,400,000
Strike 59100 has a total call value of 4,200,000 versus a total put value of 53,811,600,000 Combined total value = 53,815,800,000
Strike 59200 has a total call value of 6,000,000 versus a total put value of 52,441,800,000 Combined total value = 52,447,800,000
Strike 59300 has a total call value of 8,100,000 versus a total put value of 51,078,000,000 Combined total value = 51,086,100,000
Strike 59400 has a total call value of 10,500,000 versus a total put value of 49,714,200,000 Combined total value = 49,724,700,000
Strike 59500 has a total call value of 12,900,000 versus a total put value of 48,350,400,000 Combined total value = 48,363,300,000
Strike 59600 has a total call value of 16,500,000 versus a total put value of 46,986,600,000 Combined total value = 47,003,100,000
Strike 59700 has a total call value of 20,400,000 versus a total put value of 45,622,800,000 Combined total value = 45,643,200,000
Strike 59800 has a total call value of 24,600,000 versus a total put value of 44,259,600,000 Combined total value = 44,284,200,000
Strike 59900 has a total call value of 29,400,000 versus a total put value of 42,896,400,000 Combined total value = 42,925,800,000
Strike 60000 has a total call value of 34,200,000 versus a total put value of 41,534,100,000 Combined total value = 41,568,300,000
Strike 60100 has a total call value of 39,900,000 versus a total put value of 40,182,000,000 Combined total value = 40,221,900,000
Strike 60200 has a total call value of 45,900,000 versus a total put value of 38,829,900,000 Combined total value = 38,875,800,000
Strike 60300 has a total call value of 52,200,000 versus a total put value of 37,479,300,000 Combined total value = 37,531,500,000
Strike 60400 has a total call value of 58,800,000 versus a total put value of 36,128,700,000 Combined total value = 36,187,500,000
Strike 60500 has a total call value of 65,700,000 versus a total put value of 34,779,000,000 Combined total value = 34,844,700,000
Strike 60600 has a total call value of 73,200,000 versus a total put value of 33,431,700,000 Combined total value = 33,504,900,000
Strike 60700 has a total call value of 81,300,000 versus a total put value of 32,091,300,000 Combined total value = 32,172,600,000
Strike 60800 has a total call value of 89,700,000 versus a total put value of 30,776,100,000 Combined total value = 30,865,800,000
Strike 60900 has a total call value of 98,100,000 versus a total put value of 29,466,600,000 Combined total value = 29,564,700,000
Strike 61000 has a total call value of 107,100,000 versus a total put value of 28,164,000,000 Combined total value = 28,271,100,000
Strike 61100 has a total call value of 117,300,000 versus a total put value of 26,965,500,000 Combined total value = 27,082,800,000
Strike 61200 has a total call value of 128,100,000 versus a total put value of 25,776,000,000 Combined total value = 25,904,100,000
Strike 61300 has a total call value of 139,500,000 versus a total put value of 24,598,200,000 Combined total value = 24,737,700,000
Strike 61400 has a total call value of 153,900,000 versus a total put value of 23,448,000,000 Combined total value = 23,601,900,000
Strike 61500 has a total call value of 170,400,000 versus a total put value of 22,308,000,000 Combined total value = 22,478,400,000
Strike 61600 has a total call value of 193,800,000 versus a total put value of 21,295,500,000 Combined total value = 21,489,300,000
Strike 61700 has a total call value of 224,400,000 versus a total put value of 20,298,900,000 Combined total value = 20,523,300,000
Strike 61800 has a total call value of 259,500,000 versus a total put value of 19,308,600,000 Combined total value = 19,568,100,000
Strike 61900 has a total call value of 296,400,000 versus a total put value of 18,329,100,000 Combined total value = 18,625,500,000
Strike 62000 has a total call value of 338,700,000 versus a total put value of 17,351,700,000 Combined total value = 17,690,400,000
Strike 62100 has a total call value of 393,300,000 versus a total put value of 16,516,800,000 Combined total value = 16,910,100,000
Strike 62200 has a total call value of 453,600,000 versus a total put value of 15,688,200,000 Combined total value = 16,141,800,000
Strike 62300 has a total call value of 514,800,000 versus a total put value of 14,865,300,000 Combined total value = 15,380,100,000
Strike 62400 has a total call value of 576,900,000 versus a total put value of 14,052,300,000 Combined total value = 14,629,200,000
Strike 62500 has a total call value of 640,500,000 versus a total put value of 13,244,100,000 Combined total value = 13,884,600,000
Strike 62600 has a total call value of 708,300,000 versus a total put value of 12,518,100,000 Combined total value = 13,226,400,000
Strike 62700 has a total call value of 786,000,000 versus a total put value of 11,796,000,000 Combined total value = 12,582,000,000
Strike 62800 has a total call value of 873,000,000 versus a total put value of 11,082,600,000 Combined total value = 11,955,600,000
Strike 62900 has a total call value of 967,500,000 versus a total put value of 10,381,800,000 Combined total value = 11,349,300,000
Strike 63000 has a total call value of 1,064,700,000 versus a total put value of 9,694,200,000 Combined total value = 10,758,900,000
Strike 63100 has a total call value of 1,181,400,000 versus a total put value of 9,107,100,000 Combined total value = 10,288,500,000
Strike 63200 has a total call value of 1,301,100,000 versus a total put value of 8,527,800,000 Combined total value = 9,828,900,000
Strike 63300 has a total call value of 1,423,500,000 versus a total put value of 7,959,000,000 Combined total value = 9,382,500,000
Strike 63400 has a total call value of 1,550,100,000 versus a total put value of 7,399,500,000 Combined total value = 8,949,600,000
Strike 63500 has a total call value of 1,684,500,000 versus a total put value of 6,846,900,000 Combined total value = 8,531,400,000
Strike 63600 has a total call value of 1,826,100,000 versus a total put value of 6,359,700,000 Combined total value = 8,185,800,000
Strike 63700 has a total call value of 1,973,400,000 versus a total put value of 5,876,700,000 Combined total value = 7,850,100,000
Strike 63800 has a total call value of 2,132,700,000 versus a total put value of 5,400,000,000 Combined total value = 7,532,700,000
Strike 63900 has a total call value of 2,309,700,000 versus a total put value of 4,929,900,000 Combined total value = 7,239,600,000
Strike 64000 has a total call value of 2,495,700,000 versus a total put value of 4,464,900,000 Combined total value = 6,960,600,000
Strike 64100 has a total call value of 2,705,700,000 versus a total put value of 4,069,800,000 Combined total value = 6,775,500,000
Strike 64200 has a total call value of 2,924,400,000 versus a total put value of 3,677,100,000 Combined total value = 6,601,500,000
Strike 64300 has a total call value of 3,148,500,000 versus a total put value of 3,294,000,000 Combined total value = 6,442,500,000
Strike 64400 has a total call value of 3,376,500,000 versus a total put value of 2,917,200,000 Combined total value = 6,293,700,000
Strike 64500 has a total call value of 3,619,500,000 versus a total put value of 2,551,500,000 Combined total value = 6,171,000,000
Strike 64600 has a total call value of 3,879,600,000 versus a total put value of 2,229,300,000 Combined total value = 6,108,900,000
Strike 64700 has a total call value of 4,143,000,000 versus a total put value of 1,911,000,000 Combined total value = 6,054,000,000
Strike 64800 has a total call value of 4,414,500,000 versus a total put value of 1,594,800,000 Combined total value = 6,009,300,000
Strike 64900 has a total call value of 4,692,600,000 versus a total put value of 1,280,100,000 Combined total value = 5,972,700,000
Strike 65000 has a total call value of 4,983,000,000 versus a total put value of 966,000,000 Combined total value = 5,949,000,000
Strike 65100 has a total call value of 5,315,700,000 versus a total put value of 780,000,000 Combined total value = 6,095,700,000
Strike 65200 has a total call value of 5,676,000,000 versus a total put value of 624,000,000 Combined total value = 6,300,000,000
Strike 65300 has a total call value of 6,066,900,000 versus a total put value of 496,800,000 Combined total value = 6,563,700,000
Strike 65400 has a total call value of 6,476,400,000 versus a total put value of 384,300,000 Combined total value = 6,860,700,000
Strike 65500 has a total call value of 6,919,500,000 versus a total put value of 291,000,000 Combined total value = 7,210,500,000
Strike 65600 has a total call value of 7,414,200,000 versus a total put value of 224,100,000 Combined total value = 7,638,300,000
Strike 65700 has a total call value of 7,939,200,000 versus a total put value of 169,200,000 Combined total value = 8,108,400,000
Strike 65800 has a total call value of 8,490,900,000 versus a total put value of 124,500,000 Combined total value = 8,615,400,000
Strike 65900 has a total call value of 9,076,200,000 versus a total put value of 85,800,000 Combined total value = 9,162,000,000
Strike 66000 has a total call value of 9,678,300,000 versus a total put value of 48,000,000 Combined total value = 9,726,300,000
Strike 66100 has a total call value of 10,341,900,000 versus a total put value of 33,600,000 Combined total value = 10,375,500,000
Strike 66200 has a total call value of 11,015,700,000 versus a total put value of 21,600,000 Combined total value = 11,037,300,000
Strike 66300 has a total call value of 11,700,300,000 versus a total put value of 13,500,000 Combined total value = 11,713,800,000
Strike 66400 has a total call value of 12,387,300,000 versus a total put value of 7,800,000 Combined total value = 12,395,100,000
Strike 66500 has a total call value of 13,083,300,000 versus a total put value of 4,200,000 Combined total value = 13,087,500,000
Strike 66600 has a total call value of 13,798,800,000 versus a total put value of 1,200,000 Combined total value = 13,800,000,000
Strike 66700 has a total call value of 14,517,300,000 versus a total put value of 0 Combined total value = 14,517,300,000
Strike 66800 has a total call value of 15,235,800,000 versus a total put value of 0 Combined total value = 15,235,800,000
Strike 66900 has a total call value of 15,956,400,000 versus a total put value of 0 Combined total value = 15,956,400,000
Strike 67000 has a total call value of 16,687,200,000 versus a total put value of 0 Combined total value = 16,687,200,000
Strike 67100 has a total call value of 17,431,800,000 versus a total put value of 0 Combined total value = 17,431,800,000
Strike 67200 has a total call value of 18,177,900,000 versus a total put value of 0 Combined total value = 18,177,900,000
Strike 67300 has a total call value of 18,924,000,000 versus a total put value of 0 Combined total value = 18,924,000,000
Strike 67400 has a total call value of 19,670,100,000 versus a total put value of 0 Combined total value = 19,670,100,000
Strike 67500 has a total call value of 20,416,200,000 versus a total put value of 0 Combined total value = 20,416,200,000
Strike 67600 has a total call value of 21,169,500,000 versus a total put value of 0 Combined total value = 21,169,500,000
Strike 67700 has a total call value of 21,922,800,000 versus a total put value of 0 Combined total value = 21,922,800,000
Strike 67800 has a total call value of 22,676,100,000 versus a total put value of 0 Combined total value = 22,676,100,000
Strike 67900 has a total call value of 23,429,400,000 versus a total put value of 0 Combined total value = 23,429,400,000
Strike 68000 has a total call value of 24,182,700,000 versus a total put value of 0 Combined total value = 24,182,700,000
Strike 68100 has a total call value of 24,938,100,000 versus a total put value of 0 Combined total value = 24,938,100,000
Strike 68200 has a total call value of 25,693,500,000 versus a total put value of 0 Combined total value = 25,693,500,000
Strike 68300 has a total call value of 26,448,900,000 versus a total put value of 0 Combined total value = 26,448,900,000
Strike 68400 has a total call value of 27,204,300,000 versus a total put value of 0 Combined total value = 27,204,300,000
Strike 68500 has a total call value of 27,959,700,000 versus a total put value of 0 Combined total value = 27,959,700,000
Strike 68600 has a total call value of 28,715,100,000 versus a total put value of 0 Combined total value = 28,715,100,000
Strike 68700 has a total call value of 29,470,500,000 versus a total put value of 0 Combined total value = 29,470,500,000
Strike 68800 has a total call value of 30,225,900,000 versus a total put value of 0 Combined total value = 30,225,900,000
Strike 68900 has a total call value of 30,981,300,000 versus a total put value of 0 Combined total value = 30,981,300,000
Strike 69000 has a total call value of 31,736,700,000 versus a total put value of 0 Combined total value = 31,736,700,000
Strike 69100 has a total call value of 32,492,400,000 versus a total put value of 0 Combined total value = 32,492,400,000
Strike 69200 has a total call value of 33,248,100,000 versus a total put value of 0 Combined total value = 33,248,100,000
Strike 69300 has a total call value of 34,003,800,000 versus a total put value of 0 Combined total value = 34,003,800,000
Strike 69400 has a total call value of 34,759,500,000 versus a total put value of 0 Combined total value = 34,759,500,000
Strike 69500 has a total call value of 35,515,200,000 versus a total put value of 0 Combined total value = 35,515,200,000
Strike 69600 has a total call value of 36,271,200,000 versus a total put value of 0 Combined total value = 36,271,200,000
Strike 69700 has a total call value of 37,027,200,000 versus a total put value of 0 Combined total value = 37,027,200,000
Strike 69800 has a total call value of 37,783,200,000 versus a total put value of 0 Combined total value = 37,783,200,000
Strike 69900 has a total call value of 38,539,500,000 versus a total put value of 0 Combined total value = 38,539,500,000
Strike 70000 has a total call value of 39,296,100,000 versus a total put value of 0 Combined total value = 39,296,100,000
Strike 70100 has a total call value of 40,058,100,000 versus a total put value of 0 Combined total value = 40,058,100,000
Strike 70200 has a total call value of 40,825,800,000 versus a total put value of 0 Combined total value = 40,825,800,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1185.7 | 1140 |
| ABB | 5181 | 5200 |
| ABCAPITAL | 306.15 | 300 |
| ADANIENSOL | 944.25 | 930 |
| ADANIENT | 2504.2 | 2560 |
| ADANIGREEN | 1031.1 | 1060 |
| ADANIPORTS | 1429 | 1440 |
| ALKEM | 5545 | 5550 |
| AMBER | 8321.5 | 8200 |
| AMBUJACEM | 555 | 580 |
| ANGELONE | 2514.5 | 2400 |
| APLAPOLLO | 1754.4 | 1720 |
| APOLLOHOSP | 7837.5 | 7800 |
| ASHOKLEY | 136.35 | 137.5 |
| ASIANPAINT | 2501.6 | 2440 |
| ASTRAL | 1430.8 | 1440 |
| AUBANK | 860.35 | 840 |
| AUROPHARMA | 1085 | 1100 |
| AXISBANK | 1241.9 | 1190 |
| BAJAJ-AUTO | 9076.5 | 9000 |
| BAJAJFINSV | 2159.5 | 2080 |
| BAJFINANCE | 1089.75 | 1050 |
| BANDHANBNK | 170 | 165 |
| BANKBARODA | 266.2 | 260 |
| BANKINDIA | 133.9 | 130 |
| BDL | 1544 | 1550 |
| BEL | 422.05 | 410 |
| BHARATFORG | 1283.9 | 1260 |
| BHARTIARTL | 2029.3 | 1960 |
| BHEL | 230.94 | 237.5 |
| BIOCON | 359.5 | 360 |
| BLUESTARCO | 2006 | 1960 |
| BOSCHLTD | 38585 | 39000 |
| BPCL | 330.45 | 335 |
| BRITANNIA | 6053 | 6000 |
| BSE | 2475 | 2400 |
| CAMS | 3880.2 | 3900 |
| CANBK | 125.7 | 125 |
| CDSL | 1590.2 | 1580 |
| CGPOWER | 723.85 | 750 |
| CHOLAFIN | 1733.6 | 1660 |
| CIPLA | 1584.4 | 1590 |
| COALINDIA | 394.05 | 390 |
| COFORGE | 1760 | 1700 |
| COLPAL | 2239.4 | 2260 |
| CONCOR | 536.9 | 540 |
| CROMPTON | 293.35 | 300 |
| CUMMINSIND | 4183.2 | 4100 |
| CYIENT | 1185.6 | 1180 |
| DABUR | 508.45 | 500 |
| DALBHARAT | 2098.4 | 2140 |
| DELHIVERY | 466.9 | 465 |
| DIVISLAB | 6593 | 6400 |
| DIXON | 15490 | 16000 |
| DLF | 772.45 | 760 |
| DMART | 4213.9 | 4300 |
| DRREDDY | 1283.6 | 1270 |
| EICHERMOT | 6840 | 6900 |
| ETERNAL | 326.6 | 330 |
| EXIDEIND | 388.7 | 400 |
| FEDERALBNK | 227.4 | 220 |
| FORTIS | 1037.3 | 1040 |
| GAIL | 181.02 | 180 |
| GLENMARK | 1818.8 | 1900 |
| GMRAIRPORT | 93.2 | 91 |
| GODREJCP | 1130.4 | 1140 |
| GODREJPROP | 2287.8 | 2200 |
| GRASIM | 2841.3 | 2820 |
| HAL | 4814.2 | 4800 |
| HAVELLS | 1494.9 | 1500 |
| HCLTECH | 1523.8 | 1500 |
| HDFCAMC | 5543.5 | 5650 |
| HDFCBANK | 994.75 | 990 |
| HDFCLIFE | 734.95 | 750 |
| HEROMOTOCO | 5540.5 | 5550 |
| HFCL | 77.74 | 75 |
| HINDALCO | 824.45 | 800 |
| HINDPETRO | 438.45 | 440 |
| HINDUNILVR | 2516.4 | 2540 |
| HINDZINC | 486.7 | 490 |
| HUDCO | 226.85 | 230 |
| ICICIBANK | 1377.7 | 1390 |
| ICICIGI | 1993.9 | 1960 |
| ICICIPRULI | 601.95 | 600 |
| IDEA | 9.62 | 9 |
| IDFCFIRSTB | 78.2 | 75 |
| IEX | 147.05 | 142.5 |
| IGL | 211.16 | 215 |
| IIFL | 489.8 | 480 |
| INDHOTEL | 735.9 | 740 |
| INDIANB | 820.05 | 800 |
| INDIGO | 5779 | 5750 |
| INDUSINDBK | 755.05 | 750 |
| INDUSTOWER | 361.55 | 355 |
| INFY | 1525.4 | 1480 |
| INOXWIND | 154.08 | 150 |
| IOC | 150.37 | 152 |
| IRCTC | 714.8 | 720 |
| IREDA | 153.4 | 155 |
| IRFC | 123.73 | 125 |
| ITC | 416.8 | 410 |
| JINDALSTEL | 1008.2 | 1030 |
| JIOFIN | 305.95 | 310 |
| JSWENERGY | 531.15 | 530 |
| JSWSTEEL | 1141.4 | 1150 |
| JUBLFOOD | 590.55 | 600 |
| KALYANKJIL | 495.3 | 490 |
| KAYNES | 6689 | 7000 |
| KEI | 4125.7 | 4200 |
| KFINTECH | 1149.4 | 1140 |
| KOTAKBANK | 2187 | 2140 |
| KPITTECH | 1178.7 | 1180 |
| LAURUSLABS | 926.4 | 900 |
| LICHSGFIN | 579.5 | 580 |
| LICI | 889.65 | 900 |
| LODHA | 1172.9 | 1160 |
| LT | 3904.9 | 3800 |
| LTF | 267 | 262.5 |
| LTIM | 5546 | 5550 |
| LUPIN | 1931.2 | 1960 |
| M&M | 3625 | 3550 |
| MANAPPURAM | 279.95 | 285 |
| MANKIND | 2432.4 | 2450 |
| MARICO | 725.85 | 720 |
| MARUTI | 16274 | 16100 |
| MAXHEALTH | 1184.1 | 1180 |
| MAZDOCK | 2805.5 | 2850 |
| MCX | 9003.5 | 9000 |
| MFSL | 1518 | 1560 |
| MOTHERSON | 106.25 | 106 |
| MPHASIS | 2818.9 | 2800 |
| MUTHOOTFIN | 3163.1 | 3200 |
| NATIONALUM | 236.1 | 230 |
| NAUKRI | 1377.8 | 1380 |
| NBCC | 111.69 | 111 |
| NCC | 209.56 | 210 |
| NESTLEIND | 1282 | 1230 |
| NHPC | 84.79 | 86 |
| NMDC | 74.19 | 76 |
| NTPC | 339.6 | 340 |
| NUVAMA | 7176 | 7000 |
| NYKAA | 250.59 | 255 |
| OBEROIRLTY | 1699.9 | 1660 |
| OFSS | 8565 | 8700 |
| OIL | 419.5 | 420 |
| ONGC | 254.96 | 250 |
| PAGEIND | 41025 | 41500 |
| PATANJALI | 580.95 | 590 |
| PAYTM | 1287 | 1260 |
| PERSISTENT | 5826 | 5600 |
| PETRONET | 281.05 | 285 |
| PFC | 393.6 | 410 |
| PGEL | 575.95 | 560 |
| PHOENIXLTD | 1680.7 | 1660 |
| PIDILITIND | 1507.1 | 1510 |
| PIIND | 3583.2 | 3600 |
| PNB | 116.94 | 117 |
| PNBHOUSING | 907.3 | 890 |
| POLICYBZR | 1685.7 | 1700 |
| POLYCAB | 7513 | 7500 |
| POWERGRID | 288.5 | 290 |
| POWERINDIA | 16767 | 17250 |
| PPLPHARMA | 202.37 | 200 |
| PRESTIGE | 1754.1 | 1680 |
| RBLBANK | 315.95 | 295 |
| RECLTD | 372.6 | 380 |
| RELIANCE | 1451.6 | 1420 |
| RVNL | 329.45 | 340 |
| SAIL | 129.46 | 132 |
| SAMMAANCAP | 188.25 | 170 |
| SBICARD | 928.95 | 920 |
| SBILIFE | 1839.8 | 1800 |
| SBIN | 904.5 | 885 |
| SHREECEM | 28705 | 29000 |
| SHRIRAMFIN | 715.45 | 680 |
| SIEMENS | 3152.2 | 3150 |
| SILVER | 147150 | 150000 |
| SILVERM | 149325 | 150000 |
| SOLARINDS | 14017 | 14000 |
| SONACOMS | 478.7 | 460 |
| SRF | 3082 | 3100 |
| SUNPHARMA | 1699 | 1680 |
| SUPREMEIND | 4003.7 | 4150 |
| SUZLON | 53.82 | 55 |
| SYNGENE | 659.85 | 640 |
| TATACONSUM | 1155.3 | 1150 |
| TATAELXSI | 5544 | 5400 |
| TATAMOTORS | 0 | 360 |
| TATAPOWER | 396.85 | 400 |
| TATASTEEL | 174.44 | 175 |
| TATATECH | 689.65 | 700 |
| TCS | 3063.2 | 3020 |
| TECHM | 1453.7 | 1460 |
| TIINDIA | 3159.2 | 3200 |
| TITAGARH | 874.7 | 900 |
| TITAN | 3714.9 | 3600 |
| TMPV | 403.3 | 400 |
| TORNTPHARM | 3581.4 | 3550 |
| TORNTPOWER | 1325.8 | 1300 |
| TRENT | 4789.6 | 4800 |
| TVSMOTOR | 3599.8 | 3550 |
| ULTRACEMCO | 11918 | 12200 |
| UNIONBANK | 141.77 | 140 |
| UNITDSPR | 1357.4 | 1350 |
| UNOMINDA | 1192 | 1240 |
| UPL | 672.05 | 680 |
| VBL | 461.4 | 460 |
| VEDL | 495.6 | 480 |
| VOLTAS | 1441.4 | 1400 |
| WIPRO | 242.98 | 245 |
| YESBANK | 22.67 | 23 |
| ZYDUSLIFE | 1004.9 | 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.
