DMART
Avenue Supermarts Limited
Max pain for DMART
15 Oct 2025 01:04 AM IST
Max Pain for DMART is 4300
Strike 3700 has a total call value of 0 versus a total put value of 68,612,250,000 Combined total value = 68,612,250,000
Strike 3750 has a total call value of 0 versus a total put value of 61,634,250,000 Combined total value = 61,634,250,000
Strike 3800 has a total call value of 0 versus a total put value of 54,656,250,000 Combined total value = 54,656,250,000
Strike 3850 has a total call value of 0 versus a total put value of 47,937,750,000 Combined total value = 47,937,750,000
Strike 3900 has a total call value of 0 versus a total put value of 41,300,250,000 Combined total value = 41,300,250,000
Strike 3950 has a total call value of 0 versus a total put value of 34,948,500,000 Combined total value = 34,948,500,000
Strike 4000 has a total call value of 0 versus a total put value of 28,760,250,000 Combined total value = 28,760,250,000
Strike 4050 has a total call value of 45,750,000 versus a total put value of 23,499,000,000 Combined total value = 23,544,750,000
Strike 4100 has a total call value of 98,250,000 versus a total put value of 18,447,000,000 Combined total value = 18,545,250,000
Strike 4150 has a total call value of 309,750,000 versus a total put value of 14,214,750,000 Combined total value = 14,524,500,000
Strike 4200 has a total call value of 567,000,000 versus a total put value of 10,213,500,000 Combined total value = 10,780,500,000
Strike 4250 has a total call value of 2,043,750,000 versus a total put value of 7,427,250,000 Combined total value = 9,471,000,000
Strike 4300 has a total call value of 4,248,000,000 versus a total put value of 5,091,750,000 Combined total value = 9,339,750,000
Strike 4350 has a total call value of 8,392,500,000 versus a total put value of 3,722,250,000 Combined total value = 12,114,750,000
Strike 4400 has a total call value of 13,524,000,000 versus a total put value of 2,596,500,000 Combined total value = 16,120,500,000
Strike 4450 has a total call value of 20,799,750,000 versus a total put value of 1,829,250,000 Combined total value = 22,629,000,000
Strike 4500 has a total call value of 28,761,750,000 versus a total put value of 1,267,500,000 Combined total value = 30,029,250,000
Strike 4550 has a total call value of 39,054,750,000 versus a total put value of 976,500,000 Combined total value = 40,031,250,000
Strike 4600 has a total call value of 49,763,250,000 versus a total put value of 709,500,000 Combined total value = 50,472,750,000
Strike 4650 has a total call value of 62,394,750,000 versus a total put value of 516,000,000 Combined total value = 62,910,750,000
Strike 4700 has a total call value of 75,465,750,000 versus a total put value of 322,500,000 Combined total value = 75,788,250,000
Strike 4750 has a total call value of 90,974,250,000 versus a total put value of 206,250,000 Combined total value = 91,180,500,000
Strike 4800 has a total call value of 106,745,250,000 versus a total put value of 90,000,000 Combined total value = 106,835,250,000
Strike 4850 has a total call value of 123,699,000,000 versus a total put value of 67,500,000 Combined total value = 123,766,500,000
Strike 4900 has a total call value of 140,785,500,000 versus a total put value of 45,000,000 Combined total value = 140,830,500,000
Strike 4950 has a total call value of 158,313,000,000 versus a total put value of 22,500,000 Combined total value = 158,335,500,000
Strike 5000 has a total call value of 175,881,750,000 versus a total put value of 0 Combined total value = 175,881,750,000
Strike 5050 has a total call value of 194,640,000,000 versus a total put value of 0 Combined total value = 194,640,000,000
Strike 5100 has a total call value of 213,431,250,000 versus a total put value of 0 Combined total value = 213,431,250,000
Strike 5150 has a total call value of 232,419,000,000 versus a total put value of 0 Combined total value = 232,419,000,000
Strike 5200 has a total call value of 251,406,750,000 versus a total put value of 0 Combined total value = 251,406,750,000
Strike 5250 has a total call value of 270,658,500,000 versus a total put value of 0 Combined total value = 270,658,500,000
Strike 5300 has a total call value of 289,910,250,000 versus a total put value of 0 Combined total value = 289,910,250,000
Strike 5350 has a total call value of 309,162,000,000 versus a total put value of 0 Combined total value = 309,162,000,000
Strike 5400 has a total call value of 328,413,750,000 versus a total put value of 0 Combined total value = 328,413,750,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1161 | 1100 |
| ABB | 5173.5 | 5200 |
| ABCAPITAL | 303.3 | 295 |
| ADANIENSOL | 948 | 920 |
| ADANIENT | 2532.8 | 2550 |
| ADANIGREEN | 1049.7 | 1060 |
| ADANIPORTS | 1450.7 | 1420 |
| ALKEM | 5577 | 5500 |
| AMBER | 8148.5 | 8200 |
| AMBUJACEM | 567.75 | 570 |
| ANGELONE | 2445.2 | 2300 |
| APLAPOLLO | 1732.6 | 1700 |
| APOLLOHOSP | 7814 | 7700 |
| ASHOKLEY | 135.69 | 138 |
| ASIANPAINT | 2375.1 | 2360 |
| ASTRAL | 1437.9 | 1420 |
| AUBANK | 802.1 | 760 |
| AUROPHARMA | 1111 | 1100 |
| AXISBANK | 1169.6 | 1160 |
| BAJAJ-AUTO | 8998 | 8900 |
| BAJAJFINSV | 2082.9 | 2020 |
| BAJFINANCE | 1059.9 | 1020 |
| BANDHANBNK | 163.2 | 165 |
| BANKBARODA | 268.1 | 260 |
| BANKINDIA | 126.4 | 125 |
| BDL | 1500.9 | 1540 |
| BEL | 408.1 | 410 |
| BHARATFORG | 1232 | 1220 |
| BHARTIARTL | 1967 | 1920 |
| BHEL | 235.8 | 240 |
| BIOCON | 355.95 | 350 |
| BLUESTARCO | 1920 | 1920 |
| BOSCHLTD | 38370 | 38000 |
| BPCL | 337.9 | 340 |
| BRITANNIA | 5863 | 5900 |
| BSE | 2456.3 | 2400 |
| CAMS | 3837 | 3850 |
| CANBK | 128.41 | 125 |
| CDSL | 1622 | 1580 |
| CGPOWER | 756.85 | 750 |
| CHOLAFIN | 1698.4 | 1620 |
| CIPLA | 1556.1 | 1540 |
| COALINDIA | 384.25 | 390 |
| COFORGE | 1761 | 1680 |
| COLPAL | 2227.1 | 2260 |
| CONCOR | 529.5 | 540 |
| CROMPTON | 288.4 | 290 |
| CUMMINSIND | 3957.4 | 3950 |
| CYIENT | 1126.2 | 1180 |
| DABUR | 493.9 | 490 |
| DALBHARAT | 2219.2 | 2220 |
| DELHIVERY | 460.75 | 465 |
| DIVISLAB | 6573 | 6400 |
| DIXON | 16777 | 17000 |
| DLF | 756.3 | 740 |
| DMART | 4264.5 | 4300 |
| DRREDDY | 1232.4 | 1260 |
| EICHERMOT | 6895 | 6950 |
| ETERNAL | 355.4 | 335 |
| EXIDEIND | 390.6 | 400 |
| FEDERALBNK | 216.33 | 207.5 |
| FORTIS | 1087.6 | 1050 |
| GAIL | 177.37 | 180 |
| GLENMARK | 1894.2 | 1940 |
| GMRAIRPORT | 90.02 | 90 |
| GODREJCP | 1111 | 1140 |
| GODREJPROP | 2135.6 | 2050 |
| GRASIM | 2815 | 2800 |
| HAL | 4845.2 | 4800 |
| HAVELLS | 1464.4 | 1500 |
| HCLTECH | 1495.7 | 1500 |
| HDFCAMC | 5763 | 5600 |
| HDFCBANK | 978.25 | 970 |
| HDFCLIFE | 761.8 | 760 |
| HEROMOTOCO | 5535 | 5500 |
| HFCL | 77.23 | 75 |
| HINDALCO | 764.25 | 770 |
| HINDPETRO | 448.65 | 440 |
| HINDUNILVR | 2519 | 2520 |
| HINDZINC | 513.2 | 500 |
| HUDCO | 228.76 | 230 |
| ICICIBANK | 1399 | 1380 |
| ICICIGI | 2020.3 | 1880 |
| ICICIPRULI | 588 | 600 |
| IDEA | 8.75 | 9 |
| IDFCFIRSTB | 72.97 | 72 |
| IEX | 135.85 | 140 |
| IGL | 212.4 | 215 |
| IIFL | 506.25 | 480 |
| INDHOTEL | 728.15 | 730 |
| INDIANB | 775.5 | 750 |
| INDIGO | 5847.5 | 5700 |
| INDUSINDBK | 741 | 750 |
| INDUSTOWER | 345.15 | 350 |
| INFY | 1474.4 | 1480 |
| INOXWIND | 148.58 | 147.5 |
| IOC | 153.9 | 152.5 |
| IRCTC | 716 | 715 |
| IREDA | 155.19 | 152.5 |
| IRFC | 124.88 | 126 |
| ITC | 400.3 | 405 |
| JINDALSTEL | 1001.4 | 1020 |
| JIOFIN | 312.65 | 310 |
| JSWENERGY | 545.75 | 540 |
| JSWSTEEL | 1160.8 | 1150 |
| JUBLFOOD | 586.95 | 600 |
| KALYANKJIL | 476.8 | 480 |
| KAYNES | 6965 | 7000 |
| KEI | 4420.6 | 4300 |
| KFINTECH | 1127.8 | 1100 |
| KOTAKBANK | 2149.6 | 2100 |
| KPITTECH | 1163.1 | 1160 |
| LAURUSLABS | 875.3 | 870 |
| LICHSGFIN | 569.1 | 580 |
| LICI | 898.95 | 900 |
| LODHA | 1172 | 1140 |
| LT | 3828.7 | 3720 |
| LTF | 271.36 | 260 |
| LTIM | 5626 | 5350 |
| LUPIN | 1940.5 | 1960 |
| M&M | 3497.2 | 3450 |
| MANAPPURAM | 289.1 | 285 |
| MANKIND | 2440 | 2450 |
| MARICO | 707.8 | 720 |
| MARUTI | 16212 | 16100 |
| MAXHEALTH | 1155.8 | 1140 |
| MAZDOCK | 2852.4 | 2900 |
| MCX | 9533 | 8900 |
| MFSL | 1609.1 | 1600 |
| MOTHERSON | 104.78 | 105 |
| MPHASIS | 2781.9 | 2800 |
| MUTHOOTFIN | 3260.3 | 3100 |
| NATIONALUM | 226.03 | 225 |
| NAUKRI | 1334.8 | 1340 |
| NBCC | 111.87 | 110 |
| NCC | 211.69 | 210 |
| NESTLEIND | 1222.3 | 1180 |
| NHPC | 87.04 | 86 |
| NMDC | 76.7 | 77 |
| NTPC | 339.25 | 340 |
| NUVAMA | 7217.5 | 7000 |
| NYKAA | 261.32 | 255 |
| OBEROIRLTY | 1601.4 | 1600 |
| OFSS | 8757 | 9000 |
| OIL | 423.05 | 420 |
| ONGC | 247.72 | 245 |
| PAGEIND | 40700 | 41500 |
| PATANJALI | 584.6 | 590 |
| PAYTM | 1277.3 | 1200 |
| PERSISTENT | 5725 | 5300 |
| PETRONET | 280 | 285 |
| PFC | 405.2 | 410 |
| PGEL | 570.75 | 560 |
| PHOENIXLTD | 1675 | 1620 |
| PIDILITIND | 1500 | 1500 |
| PIIND | 3555 | 3600 |
| PNB | 116.4 | 115 |
| PNBHOUSING | 848.85 | 860 |
| POLICYBZR | 1676.9 | 1720 |
| POLYCAB | 7670 | 7500 |
| POWERGRID | 291.9 | 287.5 |
| PPLPHARMA | 193.5 | 200 |
| PRESTIGE | 1684.5 | 1600 |
| RBLBANK | 299.85 | 270 |
| RECLTD | 377 | 380 |
| RELIANCE | 1374.3 | 1390 |
| RVNL | 339.3 | 340 |
| SAIL | 129.75 | 132.5 |
| SAMMAANCAP | 164.98 | 160 |
| SBICARD | 931 | 900 |
| SBILIFE | 1841.1 | 1800 |
| SBIN | 886.1 | 870 |
| SHREECEM | 29885 | 29750 |
| SHRIRAMFIN | 677.95 | 660 |
| SIEMENS | 3118.6 | 3100 |
| SILVER | 162499 | 150000 |
| SILVERM | 164152 | 151000 |
| SOLARINDS | 14025 | 14000 |
| SONACOMS | 452.25 | 440 |
| SRF | 3088.6 | 3000 |
| SUNPHARMA | 1652.7 | 1660 |
| SUPREMEIND | 4197.5 | 4250 |
| SUZLON | 53.93 | 56 |
| SYNGENE | 628.1 | 640 |
| TATACONSUM | 1114.2 | 1120 |
| TATAELXSI | 5364 | 5400 |
| TATAMOTORS | 390.85 | 410 |
| TATAPOWER | 396.5 | 395 |
| TATASTEEL | 173 | 172.5 |
| TATATECH | 697 | 700 |
| TCS | 2969.8 | 3000 |
| TECHM | 1455 | 1460 |
| TIINDIA | 3161.1 | 3150 |
| TITAGARH | 890.25 | 900 |
| TITAN | 3543.2 | 3500 |
| TORNTPHARM | 3532.8 | 3550 |
| TORNTPOWER | 1309.7 | 1260 |
| TRENT | 4724.2 | 4700 |
| TVSMOTOR | 3570 | 3500 |
| ULTRACEMCO | 12311 | 12200 |
| UNIONBANK | 139.44 | 140 |
| UNITDSPR | 1333.1 | 1340 |
| UNOMINDA | 1211.8 | 1260 |
| UPL | 678 | 680 |
| VBL | 445.35 | 450 |
| VEDL | 481.85 | 475 |
| VOLTAS | 1412.1 | 1380 |
| WIPRO | 250.21 | 247.5 |
| YESBANK | 23.37 | 23 |
| ZYDUSLIFE | 975.6 | 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.
