 
              
              DELHIVERY
Delhivery LimitedMax pain for DELHIVERY
31 Oct 2025 11:43 PM IST
Max Pain for DELHIVERY is 475
Strike 400 has a total call value of 0 versus a total put value of 18,519,375,000 Combined total value = 18,519,375,000
Strike 405 has a total call value of 0 versus a total put value of 16,741,100,000 Combined total value = 16,741,100,000
Strike 410 has a total call value of 0 versus a total put value of 14,990,837,500 Combined total value = 14,990,837,500
Strike 415 has a total call value of 0 versus a total put value of 13,309,050,000 Combined total value = 13,309,050,000
Strike 420 has a total call value of 0 versus a total put value of 11,627,262,500 Combined total value = 11,627,262,500
Strike 425 has a total call value of 0 versus a total put value of 10,020,175,000 Combined total value = 10,020,175,000
Strike 430 has a total call value of 0 versus a total put value of 8,441,100,000 Combined total value = 8,441,100,000
Strike 435 has a total call value of 0 versus a total put value of 7,065,375,000 Combined total value = 7,065,375,000
Strike 440 has a total call value of 0 versus a total put value of 5,784,062,500 Combined total value = 5,784,062,500
Strike 445 has a total call value of 3,112,500 versus a total put value of 4,630,362,500 Combined total value = 4,633,475,000
Strike 450 has a total call value of 9,337,500 versus a total put value of 3,486,000,000 Combined total value = 3,495,337,500
Strike 455 has a total call value of 31,125,000 versus a total put value of 2,681,937,500 Combined total value = 2,713,062,500
Strike 460 has a total call value of 57,062,500 versus a total put value of 1,921,450,000 Combined total value = 1,978,512,500
Strike 465 has a total call value of 157,700,000 versus a total put value of 1,381,950,000 Combined total value = 1,539,650,000
Strike 470 has a total call value of 296,725,000 versus a total put value of 935,825,000 Combined total value = 1,232,550,000
Strike 475 has a total call value of 568,550,000 versus a total put value of 648,437,500 Combined total value = 1,216,987,500
Strike 480 has a total call value of 960,725,000 versus a total put value of 409,812,500 Combined total value = 1,370,537,500
Strike 485 has a total call value of 1,694,237,500 versus a total put value of 295,687,500 Combined total value = 1,989,925,000
Strike 490 has a total call value of 2,566,775,000 versus a total put value of 199,200,000 Combined total value = 2,765,975,000
Strike 495 has a total call value of 3,682,087,500 versus a total put value of 123,462,500 Combined total value = 3,805,550,000
Strike 500 has a total call value of 4,893,887,500 versus a total put value of 66,400,000 Combined total value = 4,960,287,500
Strike 505 has a total call value of 6,634,812,500 versus a total put value of 25,937,500 Combined total value = 6,660,750,000
Strike 510 has a total call value of 8,447,325,000 versus a total put value of 0 Combined total value = 8,447,325,000
Strike 515 has a total call value of 10,416,500,000 versus a total put value of 0 Combined total value = 10,416,500,000
Strike 520 has a total call value of 12,538,187,500 versus a total put value of 0 Combined total value = 12,538,187,500
Strike 525 has a total call value of 14,969,050,000 versus a total put value of 0 Combined total value = 14,969,050,000
Strike 530 has a total call value of 17,411,325,000 versus a total put value of 0 Combined total value = 17,411,325,000
Strike 535 has a total call value of 19,923,112,500 versus a total put value of 0 Combined total value = 19,923,112,500
Strike 540 has a total call value of 22,434,900,000 versus a total put value of 0 Combined total value = 22,434,900,000
Strike 545 has a total call value of 25,109,575,000 versus a total put value of 0 Combined total value = 25,109,575,000
Strike 550 has a total call value of 27,784,250,000 versus a total put value of 0 Combined total value = 27,784,250,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain | 
| 360ONE | 1119.6 | 1120 | 
| ABB | 5279 | 5250 | 
| ABCAPITAL | 326.8 | 320 | 
| ADANIENSOL | 965.65 | 960 | 
| ADANIENT | 2526.9 | 2500 | 
| ADANIGREEN | 1140.1 | 1100 | 
| ADANIPORTS | 1457.9 | 1440 | 
| ALKEM | 5525 | 5550 | 
| AMBER | 8085.5 | 8200 | 
| AMBUJACEM | 567.9 | 580 | 
| ANGELONE | 2513.1 | 2500 | 
| APLAPOLLO | 1784.6 | 1800 | 
| APOLLOHOSP | 7790 | 7800 | 
| ASHOKLEY | 140.77 | 140 | 
| ASIANPAINT | 2523.5 | 2500 | 
| ASTRAL | 1464.9 | 1440 | 
| AUBANK | 878.3 | 870 | 
| AUROPHARMA | 1102.5 | 1120 | 
| AXISBANK | 1238.6 | 1240 | 
| BAJAJ-AUTO | 8923 | 9100 | 
| BAJAJFINSV | 2114.6 | 2100 | 
| BAJFINANCE | 1052.3 | 1060 | 
| BANDHANBNK | 170.58 | 162.5 | 
| BANKBARODA | 272.75 | 275 | 
| BANKINDIA | 138.84 | 140 | 
| BDL | 1515.1 | 1540 | 
| BEL | 409.9 | 415 | 
| BHARATFORG | 1317.2 | 1300 | 
| BHARTIARTL | 2066.3 | 2060 | 
| BHEL | 261.29 | 257.5 | 
| BIOCON | 376.6 | 370 | 
| BLUESTARCO | 1961.8 | 1980 | 
| BOSCHLTD | 37210 | 37500 | 
| BPCL | 357.6 | 350 | 
| BRITANNIA | 5859.5 | 5900 | 
| BSE | 2442.8 | 2500 | 
| CAMS | 3957.1 | 3900 | 
| CANBK | 132.89 | 132 | 
| CDSL | 1614.7 | 1620 | 
| CGPOWER | 734.7 | 740 | 
| CHOLAFIN | 1711.8 | 1700 | 
| CIPLA | 1540.1 | 1540 | 
| COALINDIA | 387.7 | 390 | 
| COFORGE | 1807.7 | 1800 | 
| COLPAL | 2255.3 | 2240 | 
| CONCOR | 549.6 | 545 | 
| CROMPTON | 286.65 | 295 | 
| CUMMINSIND | 4384.2 | 4300 | 
| CYIENT | 1175.8 | 1200 | 
| DABUR | 501.55 | 500 | 
| DALBHARAT | 2099.1 | 2100 | 
| DELHIVERY | 475.3 | 475 | 
| DIVISLAB | 6655 | 6550 | 
| DIXON | 15644 | 15750 | 
| DLF | 776.55 | 780 | 
| DMART | 4161.1 | 4200 | 
| DRREDDY | 1202.2 | 1200 | 
| EICHERMOT | 6889 | 7000 | 
| ETERNAL | 329.35 | 330 | 
| EXIDEIND | 383.05 | 390 | 
| FEDERALBNK | 234.81 | 230 | 
| FORTIS | 1044.6 | 1000 | 
| GAIL | 183.09 | 185 | 
| GLENMARK | 1882.8 | 1860 | 
| GMRAIRPORT | 94.47 | 93 | 
| GODREJCP | 1113.1 | 1120 | 
| GODREJPROP | 2298.9 | 2300 | 
| GRASIM | 2950.4 | 2940 | 
| HAL | 4650.2 | 4800 | 
| HAVELLS | 1506.3 | 1500 | 
| HCLTECH | 1549.8 | 1540 | 
| HDFCAMC | 5364.5 | 5450 | 
| HDFCBANK | 998.15 | 1000 | 
| HDFCLIFE | 746.6 | 750 | 
| HEROMOTOCO | 5515 | 5600 | 
| HFCL | 74.67 | 75 | 
| HINDALCO | 861.35 | 840 | 
| HINDPETRO | 469.75 | 460 | 
| HINDUNILVR | 2469.6 | 2500 | 
| HINDZINC | 477.6 | 485 | 
| HUDCO | 239.74 | 235 | 
| ICICIBANK | 1362.4 | 1370 | 
| ICICIGI | 2014.1 | 2000 | 
| ICICIPRULI | 600.4 | 600 | 
| IDEA | 8.73 | 9 | 
| IDFCFIRSTB | 78.93 | 80 | 
| IEX | 143.55 | 145 | 
| IGL | 211.93 | 210 | 
| IIFL | 541.65 | 530 | 
| INDHOTEL | 749.65 | 750 | 
| INDIANB | 854.85 | 850 | 
| INDIGO | 5725 | 5800 | 
| INDUSINDBK | 800.95 | 800 | 
| INDUSTOWER | 368.25 | 370 | 
| INFY | 1493.8 | 1500 | 
| INOXWIND | 154.73 | 155 | 
| IOC | 163.51 | 160 | 
| IRCTC | 728.15 | 725 | 
| IREDA | 153.74 | 152.5 | 
| IRFC | 123.95 | 125 | 
| ITC | 418.75 | 420 | 
| JINDALSTEL | 1070.2 | 1080 | 
| JIOFIN | 309.8 | 310 | 
| JSWENERGY | 538.15 | 540 | 
| JSWSTEEL | 1210 | 1190 | 
| JUBLFOOD | 613.25 | 600 | 
| KALYANKJIL | 512.9 | 500 | 
| KAYNES | 6800 | 6800 | 
| KEI | 4109 | 4100 | 
| KFINTECH | 1112 | 1120 | 
| KOTAKBANK | 2137.2 | 2160 | 
| KPITTECH | 1171.5 | 1200 | 
| LAURUSLABS | 970.35 | 940 | 
| LICHSGFIN | 570.45 | 580 | 
| LICI | 900.75 | 900 | 
| LODHA | 1171.4 | 1200 | 
| LT | 3987.5 | 4000 | 
| LTF | 267.89 | 270 | 
| LTIM | 5699 | 5650 | 
| LUPIN | 1945.8 | 1960 | 
| M&M | 3502.1 | 3550 | 
| MANAPPURAM | 274.9 | 275 | 
| MANKIND | 2446.6 | 2450 | 
| MARICO | 721.5 | 720 | 
| MARUTI | 16206 | 16300 | 
| MAXHEALTH | 1178.5 | 1200 | 
| MAZDOCK | 2743.6 | 2800 | 
| MCX | 9101.5 | 9000 | 
| MFSL | 1556.2 | 1540 | 
| MOTHERSON | 106.88 | 108 | 
| MPHASIS | 2893.7 | 2800 | 
| MUTHOOTFIN | 3191.4 | 3200 | 
| NATIONALUM | 238.08 | 237.5 | 
| NAUKRI | 1384.1 | 1400 | 
| NBCC | 118.37 | 115 | 
| NCC | 212.99 | 212.5 | 
| NESTLEIND | 1279.9 | 1280 | 
| NHPC | 86.15 | 86 | 
| NMDC | 75.89 | 77 | 
| NTPC | 345.15 | 340 | 
| NUVAMA | 7227 | 7200 | 
| NYKAA | 256.77 | 252.5 | 
| OBEROIRLTY | 1750.3 | 1740 | 
| OFSS | 8612.5 | 8600 | 
| OIL | 434.75 | 420 | 
| ONGC | 254.53 | 255 | 
| PAGEIND | 40945 | 41000 | 
| PATANJALI | 609.55 | 600 | 
| PAYTM | 1309.8 | 1300 | 
| PERSISTENT | 5961.7 | 5900 | 
| PETRONET | 282.1 | 290 | 
| PFC | 405.05 | 400 | 
| PGEL | 573.8 | 570 | 
| PHOENIXLTD | 1703.5 | 1700 | 
| PIDILITIND | 1486.4 | 1480 | 
| PIIND | 3595.8 | 3600 | 
| PNB | 120.09 | 120 | 
| PNBHOUSING | 934.55 | 920 | 
| POLICYBZR | 1844.5 | 1800 | 
| POLYCAB | 7845 | 7700 | 
| POWERGRID | 291.5 | 290 | 
| POWERINDIA | 17933 | 17000 | 
| PPLPHARMA | 201.9 | 202.5 | 
| PRESTIGE | 1755.3 | 1700 | 
| RBLBANK | 324.95 | 320 | 
| RECLTD | 378.3 | 380 | 
| RELIANCE | 1488.5 | 1500 | 
| RVNL | 331.55 | 330 | 
| SAIL | 137.05 | 135 | 
| SAMMAANCAP | 184.38 | 187.5 | 
| SBICARD | 885.75 | 900 | 
| SBILIFE | 1968.4 | 1920 | 
| SBIN | 934.35 | 930 | 
| SHREECEM | 28740 | 28750 | 
| SHRIRAMFIN | 738.25 | 740 | 
| SIEMENS | 3126.8 | 3150 | 
| SOLARINDS | 13901 | 14000 | 
| SONACOMS | 482.95 | 480 | 
| SRF | 2981.1 | 3000 | 
| SUNPHARMA | 1703.4 | 1700 | 
| SUPREMEIND | 3809.3 | 3900 | 
| SUZLON | 58.51 | 56 | 
| SYNGENE | 650.65 | 660 | 
| TATACONSUM | 1176.6 | 1180 | 
| TATAELXSI | 5539.5 | 5500 | 
| TATAMOTORS | 0 | 320 | 
| TATAPOWER | 409.8 | 410 | 
| TATASTEEL | 184.35 | 182.5 | 
| TATATECH | 699.9 | 700 | 
| TCS | 3035.3 | 3080 | 
| TECHM | 1433.8 | 1460 | 
| TIINDIA | 3059.7 | 3100 | 
| TITAGARH | 899.5 | 900 | 
| TITAN | 3750.7 | 3700 | 
| TMPV | 0 | 400 | 
| TORNTPHARM | 3602.4 | 3600 | 
| TORNTPOWER | 1316 | 1300 | 
| TRENT | 4744.5 | 4800 | 
| TVSMOTOR | 3491.7 | 3550 | 
| ULTRACEMCO | 12053 | 12000 | 
| UNIONBANK | 142.32 | 147.5 | 
| UNITDSPR | 1394.6 | 1410 | 
| UNOMINDA | 1222.8 | 1240 | 
| UPL | 721.35 | 700 | 
| VBL | 485.25 | 480 | 
| VEDL | 506.95 | 500 | 
| VOLTAS | 1419.8 | 1400 | 
| WIPRO | 241.92 | 242.5 | 
| YESBANK | 22.23 | 23 | 
| ZYDUSLIFE | 986.15 | 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.
































































































































































































































