 
              
              BPCL
Bharat Petroleum Corp LtMax pain for BPCL
31 Oct 2025 11:42 PM IST
Max Pain for BPCL is 350
Strike 280 has a total call value of 0 versus a total put value of 71,502,900,000 Combined total value = 71,502,900,000
Strike 285 has a total call value of 0 versus a total put value of 65,490,012,500 Combined total value = 65,490,012,500
Strike 290 has a total call value of 0 versus a total put value of 59,477,125,000 Combined total value = 59,477,125,000
Strike 295 has a total call value of 0 versus a total put value of 53,503,737,500 Combined total value = 53,503,737,500
Strike 300 has a total call value of 0 versus a total put value of 47,530,350,000 Combined total value = 47,530,350,000
Strike 305 has a total call value of 67,150,000 versus a total put value of 41,859,137,500 Combined total value = 41,926,287,500
Strike 310 has a total call value of 134,300,000 versus a total put value of 36,305,437,500 Combined total value = 36,439,737,500
Strike 315 has a total call value of 201,450,000 versus a total put value of 30,981,825,000 Combined total value = 31,183,275,000
Strike 320 has a total call value of 296,250,000 versus a total put value of 25,841,887,500 Combined total value = 26,138,137,500
Strike 325 has a total call value of 437,462,500 versus a total put value of 21,104,850,000 Combined total value = 21,542,312,500
Strike 330 has a total call value of 612,250,000 versus a total put value of 16,747,012,500 Combined total value = 17,359,262,500
Strike 335 has a total call value of 994,412,500 versus a total put value of 13,034,012,500 Combined total value = 14,028,425,000
Strike 340 has a total call value of 1,598,762,500 versus a total put value of 9,745,637,500 Combined total value = 11,344,400,000
Strike 345 has a total call value of 2,882,512,500 versus a total put value of 7,031,000,000 Combined total value = 9,913,512,500
Strike 350 has a total call value of 4,553,362,500 versus a total put value of 4,671,862,500 Combined total value = 9,225,225,000
Strike 355 has a total call value of 7,027,050,000 versus a total put value of 2,982,250,000 Combined total value = 10,009,300,000
Strike 360 has a total call value of 10,383,562,500 versus a total put value of 1,861,437,500 Combined total value = 12,245,000,000
Strike 365 has a total call value of 15,298,350,000 versus a total put value of 1,228,450,000 Combined total value = 16,526,800,000
Strike 370 has a total call value of 20,681,212,500 versus a total put value of 683,350,000 Combined total value = 21,364,562,500
Strike 375 has a total call value of 27,062,437,500 versus a total put value of 471,037,500 Combined total value = 27,533,475,000
Strike 380 has a total call value of 33,699,425,000 versus a total put value of 300,200,000 Combined total value = 33,999,625,000
Strike 385 has a total call value of 40,986,187,500 versus a total put value of 184,662,500 Combined total value = 41,170,850,000
Strike 390 has a total call value of 48,311,462,500 versus a total put value of 84,925,000 Combined total value = 48,396,387,500
Strike 395 has a total call value of 56,311,200,000 versus a total put value of 42,462,500 Combined total value = 56,353,662,500
Strike 400 has a total call value of 64,310,937,500 versus a total put value of 0 Combined total value = 64,310,937,500
Strike 405 has a total call value of 73,245,837,500 versus a total put value of 0 Combined total value = 73,245,837,500
Strike 410 has a total call value of 82,180,737,500 versus a total put value of 0 Combined total value = 82,180,737,500
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain | 
| 360ONE | 1080.7 | 1120 | 
| ABB | 5220 | 5250 | 
| ABCAPITAL | 324.2 | 320 | 
| ADANIENSOL | 986.2 | 960 | 
| ADANIENT | 2481 | 2500 | 
| ADANIGREEN | 1140 | 1100 | 
| ADANIPORTS | 1451.5 | 1440 | 
| ALKEM | 5506.5 | 5550 | 
| AMBER | 8036.5 | 8200 | 
| AMBUJACEM | 565.4 | 580 | 
| ANGELONE | 2492.4 | 2500 | 
| APLAPOLLO | 1791.5 | 1800 | 
| APOLLOHOSP | 7681 | 7800 | 
| ASHOKLEY | 141.53 | 140 | 
| ASIANPAINT | 2510.8 | 2500 | 
| ASTRAL | 1450.1 | 1440 | 
| AUBANK | 877.85 | 870 | 
| AUROPHARMA | 1138.9 | 1120 | 
| AXISBANK | 1232.8 | 1240 | 
| BAJAJ-AUTO | 8892.5 | 9100 | 
| BAJAJFINSV | 2088.3 | 2100 | 
| BAJFINANCE | 1042.8 | 1060 | 
| BANDHANBNK | 156.56 | 162.5 | 
| BANKBARODA | 278.4 | 275 | 
| BANKINDIA | 139.88 | 140 | 
| BDL | 1529.9 | 1540 | 
| BEL | 426.1 | 415 | 
| BHARATFORG | 1324.7 | 1300 | 
| BHARTIARTL | 2054.5 | 2060 | 
| BHEL | 265.49 | 257.5 | 
| BIOCON | 372.1 | 370 | 
| BLUESTARCO | 1937.4 | 1980 | 
| BOSCHLTD | 37245 | 37500 | 
| BPCL | 356.8 | 350 | 
| BRITANNIA | 5836.5 | 5900 | 
| BSE | 2479 | 2500 | 
| CAMS | 3941.3 | 3900 | 
| CANBK | 136.99 | 132 | 
| CDSL | 1587.2 | 1620 | 
| CGPOWER | 736.65 | 740 | 
| CHOLAFIN | 1696.8 | 1700 | 
| CIPLA | 1501.3 | 1540 | 
| COALINDIA | 388.65 | 390 | 
| COFORGE | 1778.1 | 1800 | 
| COLPAL | 2243 | 2240 | 
| CONCOR | 545.25 | 545 | 
| CROMPTON | 282.7 | 295 | 
| CUMMINSIND | 4344.1 | 4300 | 
| CYIENT | 1162.5 | 1200 | 
| DABUR | 487.55 | 500 | 
| DALBHARAT | 2096.8 | 2100 | 
| DELHIVERY | 465.95 | 475 | 
| DIVISLAB | 6738 | 6550 | 
| DIXON | 15494 | 15750 | 
| DLF | 756.25 | 780 | 
| DMART | 4153.5 | 4200 | 
| DRREDDY | 1197.6 | 1200 | 
| EICHERMOT | 7007 | 7000 | 
| ETERNAL | 317.75 | 330 | 
| EXIDEIND | 381.9 | 390 | 
| FEDERALBNK | 236.61 | 230 | 
| FORTIS | 1023.05 | 1000 | 
| GAIL | 182.76 | 185 | 
| GLENMARK | 1891.2 | 1860 | 
| GMRAIRPORT | 93.97 | 93 | 
| GODREJCP | 1118.6 | 1120 | 
| GODREJPROP | 2288 | 2300 | 
| GRASIM | 2891.7 | 2940 | 
| HAL | 4679.8 | 4800 | 
| HAVELLS | 1493.9 | 1500 | 
| HCLTECH | 1541.5 | 1540 | 
| HDFCAMC | 5379 | 5450 | 
| HDFCBANK | 987.3 | 1000 | 
| HDFCLIFE | 731.85 | 750 | 
| HEROMOTOCO | 5544 | 5600 | 
| HFCL | 73.51 | 75 | 
| HINDALCO | 847.85 | 840 | 
| HINDPETRO | 476 | 460 | 
| HINDUNILVR | 2465.5 | 2500 | 
| HINDZINC | 476.5 | 485 | 
| HUDCO | 237 | 235 | 
| ICICIBANK | 1345.3 | 1370 | 
| ICICIGI | 1993.7 | 2000 | 
| ICICIPRULI | 591.15 | 600 | 
| IDEA | 8.73 | 9 | 
| IDFCFIRSTB | 81.77 | 80 | 
| IEX | 139.06 | 145 | 
| IGL | 211.94 | 210 | 
| IIFL | 534.6 | 530 | 
| INDHOTEL | 741.8 | 750 | 
| INDIANB | 858.7 | 850 | 
| INDIGO | 5625 | 5800 | 
| INDUSINDBK | 794.8 | 800 | 
| INDUSTOWER | 363.6 | 370 | 
| INFY | 1482.3 | 1500 | 
| INOXWIND | 155.13 | 155 | 
| IOC | 165.9 | 160 | 
| IRCTC | 718.7 | 725 | 
| IREDA | 151.93 | 152.5 | 
| IRFC | 123.31 | 125 | 
| ITC | 420.35 | 420 | 
| JINDALSTEL | 1066.8 | 1080 | 
| JIOFIN | 306.8 | 310 | 
| JSWENERGY | 527.45 | 540 | 
| JSWSTEEL | 1206 | 1190 | 
| JUBLFOOD | 597.85 | 600 | 
| KALYANKJIL | 509.7 | 500 | 
| KAYNES | 6704.5 | 6800 | 
| KEI | 4032 | 4100 | 
| KFINTECH | 1098.1 | 1120 | 
| KOTAKBANK | 2102.2 | 2160 | 
| KPITTECH | 1166.7 | 1200 | 
| LAURUSLABS | 953.65 | 940 | 
| LICHSGFIN | 570.95 | 580 | 
| LICI | 894.7 | 900 | 
| LODHA | 1197.9 | 1200 | 
| LT | 4030.9 | 4000 | 
| LTF | 270.49 | 270 | 
| LTIM | 5684.5 | 5650 | 
| LUPIN | 1963.5 | 1960 | 
| M&M | 3487.2 | 3550 | 
| MANAPPURAM | 269.5 | 275 | 
| MANKIND | 2384 | 2450 | 
| MARICO | 719.95 | 720 | 
| MARUTI | 16186 | 16300 | 
| MAXHEALTH | 1147.8 | 1200 | 
| MAZDOCK | 2729 | 2800 | 
| MCX | 9243.5 | 9000 | 
| MFSL | 1546.5 | 1540 | 
| MOTHERSON | 105.39 | 108 | 
| MPHASIS | 2764.4 | 2800 | 
| MUTHOOTFIN | 3178.7 | 3200 | 
| NATIONALUM | 234.14 | 237.5 | 
| NAUKRI | 1378.3 | 1400 | 
| NBCC | 117.41 | 115 | 
| NCC | 212.37 | 212.5 | 
| NESTLEIND | 1271.6 | 1280 | 
| NHPC | 84.84 | 86 | 
| NMDC | 75.79 | 77 | 
| NTPC | 336.95 | 340 | 
| NUVAMA | 7092 | 7200 | 
| NYKAA | 247.94 | 252.5 | 
| OBEROIRLTY | 1778.3 | 1740 | 
| OFSS | 8515 | 8600 | 
| OIL | 433.35 | 420 | 
| ONGC | 255.37 | 255 | 
| PAGEIND | 41200 | 41000 | 
| PATANJALI | 602.4 | 600 | 
| PAYTM | 1303.2 | 1300 | 
| PERSISTENT | 5916.6 | 5900 | 
| PETRONET | 281.25 | 290 | 
| PFC | 403.25 | 400 | 
| PGEL | 570.95 | 570 | 
| PHOENIXLTD | 1682.6 | 1700 | 
| PIDILITIND | 1444.6 | 1480 | 
| PIIND | 3577.4 | 3600 | 
| PNB | 122.89 | 120 | 
| PNBHOUSING | 928.7 | 920 | 
| POLICYBZR | 1785.4 | 1800 | 
| POLYCAB | 7704 | 7700 | 
| POWERGRID | 288.15 | 290 | 
| POWERINDIA | 17778 | 17000 | 
| PPLPHARMA | 199.63 | 202.5 | 
| PRESTIGE | 1744.7 | 1700 | 
| RBLBANK | 326.35 | 320 | 
| RECLTD | 374.85 | 380 | 
| RELIANCE | 1486.4 | 1500 | 
| RVNL | 328.8 | 330 | 
| SAIL | 136.85 | 135 | 
| SAMMAANCAP | 188.59 | 187.5 | 
| SBICARD | 878.65 | 900 | 
| SBILIFE | 1955.7 | 1920 | 
| SBIN | 937 | 930 | 
| SHREECEM | 28310 | 28750 | 
| SHRIRAMFIN | 748.9 | 740 | 
| SIEMENS | 3096.3 | 3150 | 
| SOLARINDS | 13878 | 14000 | 
| SONACOMS | 472.75 | 480 | 
| SRF | 2930.5 | 3000 | 
| SUNPHARMA | 1690.7 | 1700 | 
| SUPREMEIND | 3812.5 | 3900 | 
| SUZLON | 59.3 | 56 | 
| SYNGENE | 650.1 | 660 | 
| TATACONSUM | 1165 | 1180 | 
| TATAELXSI | 5454.5 | 5500 | 
| TATAMOTORS | 0 | 320 | 
| TATAPOWER | 404.9 | 410 | 
| TATASTEEL | 182.84 | 182.5 | 
| TATATECH | 692.25 | 700 | 
| TCS | 3058 | 3080 | 
| TECHM | 1424.4 | 1460 | 
| TIINDIA | 3023 | 3100 | 
| TITAGARH | 884.55 | 900 | 
| TITAN | 3746.7 | 3700 | 
| TMPV | 410 | 410 | 
| TORNTPHARM | 3560.1 | 3600 | 
| TORNTPOWER | 1316.5 | 1300 | 
| TRENT | 4694.3 | 4800 | 
| TVSMOTOR | 3508.7 | 3550 | 
| ULTRACEMCO | 11947 | 12000 | 
| UNIONBANK | 148.67 | 147.5 | 
| UNITDSPR | 1431.4 | 1410 | 
| UNOMINDA | 1235.2 | 1240 | 
| UPL | 720.1 | 700 | 
| VBL | 469.65 | 480 | 
| VEDL | 493.55 | 500 | 
| VOLTAS | 1383.6 | 1400 | 
| WIPRO | 240.67 | 242.5 | 
| YESBANK | 22.74 | 23 | 
| ZYDUSLIFE | 974.45 | 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.
































































































































































































































