GOLD
Gold
Max pain for GOLD
22 Sep 2025 07:59 PM IST
Max Pain for GOLD is 110000
Strike 100000 has a total call value of 0 versus a total put value of 1,222,550,000 Combined total value = 1,222,550,000
Strike 100100 has a total call value of 0 versus a total put value of 1,206,850,000 Combined total value = 1,206,850,000
Strike 100200 has a total call value of 0 versus a total put value of 1,191,150,000 Combined total value = 1,191,150,000
Strike 100300 has a total call value of 0 versus a total put value of 1,175,450,000 Combined total value = 1,175,450,000
Strike 100400 has a total call value of 0 versus a total put value of 1,159,750,000 Combined total value = 1,159,750,000
Strike 100500 has a total call value of 0 versus a total put value of 1,144,050,000 Combined total value = 1,144,050,000
Strike 100600 has a total call value of 0 versus a total put value of 1,128,350,000 Combined total value = 1,128,350,000
Strike 100700 has a total call value of 0 versus a total put value of 1,112,650,000 Combined total value = 1,112,650,000
Strike 100800 has a total call value of 0 versus a total put value of 1,096,950,000 Combined total value = 1,096,950,000
Strike 100900 has a total call value of 0 versus a total put value of 1,081,250,000 Combined total value = 1,081,250,000
Strike 101000 has a total call value of 0 versus a total put value of 1,065,550,000 Combined total value = 1,065,550,000
Strike 101100 has a total call value of 0 versus a total put value of 1,049,850,000 Combined total value = 1,049,850,000
Strike 101200 has a total call value of 0 versus a total put value of 1,034,150,000 Combined total value = 1,034,150,000
Strike 101300 has a total call value of 0 versus a total put value of 1,018,450,000 Combined total value = 1,018,450,000
Strike 101400 has a total call value of 0 versus a total put value of 1,002,750,000 Combined total value = 1,002,750,000
Strike 101500 has a total call value of 0 versus a total put value of 987,050,000 Combined total value = 987,050,000
Strike 101600 has a total call value of 0 versus a total put value of 971,350,000 Combined total value = 971,350,000
Strike 101700 has a total call value of 0 versus a total put value of 955,650,000 Combined total value = 955,650,000
Strike 101800 has a total call value of 0 versus a total put value of 939,950,000 Combined total value = 939,950,000
Strike 101900 has a total call value of 0 versus a total put value of 924,250,000 Combined total value = 924,250,000
Strike 102000 has a total call value of 0 versus a total put value of 908,550,000 Combined total value = 908,550,000
Strike 102100 has a total call value of 0 versus a total put value of 892,850,000 Combined total value = 892,850,000
Strike 102200 has a total call value of 0 versus a total put value of 877,150,000 Combined total value = 877,150,000
Strike 102300 has a total call value of 0 versus a total put value of 861,450,000 Combined total value = 861,450,000
Strike 102400 has a total call value of 0 versus a total put value of 845,750,000 Combined total value = 845,750,000
Strike 102500 has a total call value of 0 versus a total put value of 830,050,000 Combined total value = 830,050,000
Strike 102600 has a total call value of 0 versus a total put value of 814,350,000 Combined total value = 814,350,000
Strike 102700 has a total call value of 0 versus a total put value of 798,650,000 Combined total value = 798,650,000
Strike 102800 has a total call value of 0 versus a total put value of 782,950,000 Combined total value = 782,950,000
Strike 102900 has a total call value of 0 versus a total put value of 767,250,000 Combined total value = 767,250,000
Strike 103000 has a total call value of 0 versus a total put value of 751,550,000 Combined total value = 751,550,000
Strike 103100 has a total call value of 0 versus a total put value of 735,850,000 Combined total value = 735,850,000
Strike 103200 has a total call value of 0 versus a total put value of 720,150,000 Combined total value = 720,150,000
Strike 103300 has a total call value of 0 versus a total put value of 704,450,000 Combined total value = 704,450,000
Strike 103400 has a total call value of 0 versus a total put value of 688,750,000 Combined total value = 688,750,000
Strike 103500 has a total call value of 0 versus a total put value of 673,050,000 Combined total value = 673,050,000
Strike 103600 has a total call value of 0 versus a total put value of 657,350,000 Combined total value = 657,350,000
Strike 103700 has a total call value of 0 versus a total put value of 641,650,000 Combined total value = 641,650,000
Strike 103800 has a total call value of 0 versus a total put value of 625,950,000 Combined total value = 625,950,000
Strike 103900 has a total call value of 0 versus a total put value of 610,250,000 Combined total value = 610,250,000
Strike 104000 has a total call value of 0 versus a total put value of 594,550,000 Combined total value = 594,550,000
Strike 104100 has a total call value of 0 versus a total put value of 578,850,000 Combined total value = 578,850,000
Strike 104200 has a total call value of 0 versus a total put value of 563,150,000 Combined total value = 563,150,000
Strike 104300 has a total call value of 0 versus a total put value of 547,450,000 Combined total value = 547,450,000
Strike 104400 has a total call value of 0 versus a total put value of 531,750,000 Combined total value = 531,750,000
Strike 104500 has a total call value of 0 versus a total put value of 516,050,000 Combined total value = 516,050,000
Strike 104600 has a total call value of 0 versus a total put value of 500,350,000 Combined total value = 500,350,000
Strike 104700 has a total call value of 0 versus a total put value of 484,650,000 Combined total value = 484,650,000
Strike 104800 has a total call value of 0 versus a total put value of 468,950,000 Combined total value = 468,950,000
Strike 104900 has a total call value of 0 versus a total put value of 453,250,000 Combined total value = 453,250,000
Strike 105000 has a total call value of 0 versus a total put value of 437,550,000 Combined total value = 437,550,000
Strike 105100 has a total call value of 150,000 versus a total put value of 426,070,000 Combined total value = 426,220,000
Strike 105200 has a total call value of 300,000 versus a total put value of 414,590,000 Combined total value = 414,890,000
Strike 105300 has a total call value of 450,000 versus a total put value of 403,110,000 Combined total value = 403,560,000
Strike 105400 has a total call value of 600,000 versus a total put value of 391,630,000 Combined total value = 392,230,000
Strike 105500 has a total call value of 750,000 versus a total put value of 380,150,000 Combined total value = 380,900,000
Strike 105600 has a total call value of 900,000 versus a total put value of 368,670,000 Combined total value = 369,570,000
Strike 105700 has a total call value of 1,050,000 versus a total put value of 357,190,000 Combined total value = 358,240,000
Strike 105800 has a total call value of 1,200,000 versus a total put value of 345,710,000 Combined total value = 346,910,000
Strike 105900 has a total call value of 1,350,000 versus a total put value of 334,230,000 Combined total value = 335,580,000
Strike 106000 has a total call value of 1,500,000 versus a total put value of 322,750,000 Combined total value = 324,250,000
Strike 106100 has a total call value of 1,710,000 versus a total put value of 312,700,000 Combined total value = 314,410,000
Strike 106200 has a total call value of 1,920,000 versus a total put value of 302,650,000 Combined total value = 304,570,000
Strike 106300 has a total call value of 2,130,000 versus a total put value of 292,600,000 Combined total value = 294,730,000
Strike 106400 has a total call value of 2,340,000 versus a total put value of 282,550,000 Combined total value = 284,890,000
Strike 106500 has a total call value of 2,550,000 versus a total put value of 272,500,000 Combined total value = 275,050,000
Strike 106600 has a total call value of 2,760,000 versus a total put value of 262,450,000 Combined total value = 265,210,000
Strike 106700 has a total call value of 2,970,000 versus a total put value of 252,400,000 Combined total value = 255,370,000
Strike 106800 has a total call value of 3,180,000 versus a total put value of 242,350,000 Combined total value = 245,530,000
Strike 106900 has a total call value of 3,390,000 versus a total put value of 232,300,000 Combined total value = 235,690,000
Strike 107000 has a total call value of 3,600,000 versus a total put value of 222,250,000 Combined total value = 225,850,000
Strike 107100 has a total call value of 4,300,000 versus a total put value of 213,580,000 Combined total value = 217,880,000
Strike 107200 has a total call value of 5,000,000 versus a total put value of 204,910,000 Combined total value = 209,910,000
Strike 107300 has a total call value of 5,700,000 versus a total put value of 196,240,000 Combined total value = 201,940,000
Strike 107400 has a total call value of 6,400,000 versus a total put value of 187,570,000 Combined total value = 193,970,000
Strike 107500 has a total call value of 7,100,000 versus a total put value of 178,900,000 Combined total value = 186,000,000
Strike 107600 has a total call value of 7,800,000 versus a total put value of 170,230,000 Combined total value = 178,030,000
Strike 107700 has a total call value of 8,500,000 versus a total put value of 161,560,000 Combined total value = 170,060,000
Strike 107800 has a total call value of 9,200,000 versus a total put value of 152,890,000 Combined total value = 162,090,000
Strike 107900 has a total call value of 9,900,000 versus a total put value of 144,220,000 Combined total value = 154,120,000
Strike 108000 has a total call value of 10,600,000 versus a total put value of 135,550,000 Combined total value = 146,150,000
Strike 108100 has a total call value of 11,650,000 versus a total put value of 128,660,000 Combined total value = 140,310,000
Strike 108200 has a total call value of 12,700,000 versus a total put value of 121,770,000 Combined total value = 134,470,000
Strike 108300 has a total call value of 13,750,000 versus a total put value of 114,880,000 Combined total value = 128,630,000
Strike 108400 has a total call value of 14,800,000 versus a total put value of 107,990,000 Combined total value = 122,790,000
Strike 108500 has a total call value of 15,850,000 versus a total put value of 101,100,000 Combined total value = 116,950,000
Strike 108600 has a total call value of 16,900,000 versus a total put value of 94,220,000 Combined total value = 111,120,000
Strike 108700 has a total call value of 17,950,000 versus a total put value of 87,340,000 Combined total value = 105,290,000
Strike 108800 has a total call value of 19,000,000 versus a total put value of 80,460,000 Combined total value = 99,460,000
Strike 108900 has a total call value of 20,050,000 versus a total put value of 73,580,000 Combined total value = 93,630,000
Strike 109000 has a total call value of 21,100,000 versus a total put value of 66,700,000 Combined total value = 87,800,000
Strike 109100 has a total call value of 22,340,000 versus a total put value of 61,250,000 Combined total value = 83,590,000
Strike 109200 has a total call value of 23,580,000 versus a total put value of 55,800,000 Combined total value = 79,380,000
Strike 109300 has a total call value of 24,820,000 versus a total put value of 50,350,000 Combined total value = 75,170,000
Strike 109400 has a total call value of 26,060,000 versus a total put value of 44,900,000 Combined total value = 70,960,000
Strike 109500 has a total call value of 27,300,000 versus a total put value of 39,450,000 Combined total value = 66,750,000
Strike 109600 has a total call value of 28,540,000 versus a total put value of 34,000,000 Combined total value = 62,540,000
Strike 109700 has a total call value of 29,780,000 versus a total put value of 28,550,000 Combined total value = 58,330,000
Strike 109800 has a total call value of 31,020,000 versus a total put value of 23,100,000 Combined total value = 54,120,000
Strike 109900 has a total call value of 32,260,000 versus a total put value of 17,650,000 Combined total value = 49,910,000
Strike 110000 has a total call value of 33,500,000 versus a total put value of 12,200,000 Combined total value = 45,700,000
Strike 110100 has a total call value of 36,470,000 versus a total put value of 11,180,000 Combined total value = 47,650,000
Strike 110200 has a total call value of 39,440,000 versus a total put value of 10,160,000 Combined total value = 49,600,000
Strike 110300 has a total call value of 42,410,000 versus a total put value of 9,140,000 Combined total value = 51,550,000
Strike 110400 has a total call value of 45,380,000 versus a total put value of 8,120,000 Combined total value = 53,500,000
Strike 110500 has a total call value of 48,350,000 versus a total put value of 7,100,000 Combined total value = 55,450,000
Strike 110600 has a total call value of 51,320,000 versus a total put value of 6,080,000 Combined total value = 57,400,000
Strike 110700 has a total call value of 54,290,000 versus a total put value of 5,060,000 Combined total value = 59,350,000
Strike 110800 has a total call value of 57,260,000 versus a total put value of 4,040,000 Combined total value = 61,300,000
Strike 110900 has a total call value of 60,230,000 versus a total put value of 3,020,000 Combined total value = 63,250,000
Strike 111000 has a total call value of 63,200,000 versus a total put value of 2,000,000 Combined total value = 65,200,000
Strike 111100 has a total call value of 66,900,000 versus a total put value of 1,890,000 Combined total value = 68,790,000
Strike 111200 has a total call value of 70,600,000 versus a total put value of 1,780,000 Combined total value = 72,380,000
Strike 111300 has a total call value of 74,300,000 versus a total put value of 1,670,000 Combined total value = 75,970,000
Strike 111400 has a total call value of 78,000,000 versus a total put value of 1,560,000 Combined total value = 79,560,000
Strike 111500 has a total call value of 81,700,000 versus a total put value of 1,450,000 Combined total value = 83,150,000
Strike 111600 has a total call value of 85,430,000 versus a total put value of 1,340,000 Combined total value = 86,770,000
Strike 111700 has a total call value of 89,160,000 versus a total put value of 1,230,000 Combined total value = 90,390,000
Strike 111800 has a total call value of 92,890,000 versus a total put value of 1,120,000 Combined total value = 94,010,000
Strike 111900 has a total call value of 96,620,000 versus a total put value of 1,010,000 Combined total value = 97,630,000
Strike 112000 has a total call value of 100,350,000 versus a total put value of 900,000 Combined total value = 101,250,000
Strike 112100 has a total call value of 105,720,000 versus a total put value of 870,000 Combined total value = 106,590,000
Strike 112200 has a total call value of 111,090,000 versus a total put value of 840,000 Combined total value = 111,930,000
Strike 112300 has a total call value of 116,460,000 versus a total put value of 810,000 Combined total value = 117,270,000
Strike 112400 has a total call value of 121,830,000 versus a total put value of 780,000 Combined total value = 122,610,000
Strike 112500 has a total call value of 127,200,000 versus a total put value of 750,000 Combined total value = 127,950,000
Strike 112600 has a total call value of 132,570,000 versus a total put value of 720,000 Combined total value = 133,290,000
Strike 112700 has a total call value of 137,940,000 versus a total put value of 690,000 Combined total value = 138,630,000
Strike 112800 has a total call value of 143,310,000 versus a total put value of 660,000 Combined total value = 143,970,000
Strike 112900 has a total call value of 148,680,000 versus a total put value of 630,000 Combined total value = 149,310,000
Strike 113000 has a total call value of 154,050,000 versus a total put value of 600,000 Combined total value = 154,650,000
Strike 113100 has a total call value of 159,800,000 versus a total put value of 570,000 Combined total value = 160,370,000
Strike 113200 has a total call value of 165,550,000 versus a total put value of 540,000 Combined total value = 166,090,000
Strike 113300 has a total call value of 171,300,000 versus a total put value of 510,000 Combined total value = 171,810,000
Strike 113400 has a total call value of 177,050,000 versus a total put value of 480,000 Combined total value = 177,530,000
Strike 113500 has a total call value of 182,800,000 versus a total put value of 450,000 Combined total value = 183,250,000
Strike 113600 has a total call value of 188,550,000 versus a total put value of 420,000 Combined total value = 188,970,000
Strike 113700 has a total call value of 194,300,000 versus a total put value of 390,000 Combined total value = 194,690,000
Strike 113800 has a total call value of 200,050,000 versus a total put value of 360,000 Combined total value = 200,410,000
Strike 113900 has a total call value of 205,800,000 versus a total put value of 330,000 Combined total value = 206,130,000
Strike 114000 has a total call value of 211,550,000 versus a total put value of 300,000 Combined total value = 211,850,000
Strike 114100 has a total call value of 217,440,000 versus a total put value of 270,000 Combined total value = 217,710,000
Strike 114200 has a total call value of 223,330,000 versus a total put value of 240,000 Combined total value = 223,570,000
Strike 114300 has a total call value of 229,220,000 versus a total put value of 210,000 Combined total value = 229,430,000
Strike 114400 has a total call value of 235,110,000 versus a total put value of 180,000 Combined total value = 235,290,000
Strike 114500 has a total call value of 241,000,000 versus a total put value of 150,000 Combined total value = 241,150,000
Strike 114600 has a total call value of 246,890,000 versus a total put value of 120,000 Combined total value = 247,010,000
Strike 114700 has a total call value of 252,780,000 versus a total put value of 90,000 Combined total value = 252,870,000
Strike 114800 has a total call value of 258,670,000 versus a total put value of 60,000 Combined total value = 258,730,000
Strike 114900 has a total call value of 264,560,000 versus a total put value of 30,000 Combined total value = 264,590,000
Strike 115000 has a total call value of 270,450,000 versus a total put value of 0 Combined total value = 270,450,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1050.4 | 1100 |
| ABB | 5362.8 | 5300 |
| ABCAPITAL | 288.15 | 290 |
| ADANIENSOL | 937.4 | 860 |
| ADANIENT | 2629.5 | 2500 |
| ADANIGREEN | 1152.15 | 1000 |
| ADANIPORTS | 1444.2 | 1400 |
| ALKEM | 5495 | 5500 |
| AMBER | 8310.5 | 8000 |
| AMBUJACEM | 590.3 | 585 |
| ANGELONE | 2248 | 2300 |
| APLAPOLLO | 1679.3 | 1680 |
| APOLLOHOSP | 7739 | 7800 |
| ASHOKLEY | 139.42 | 135 |
| ASIANPAINT | 2482.7 | 2500 |
| ASTRAL | 1438.4 | 1440 |
| AUBANK | 706.05 | 710 |
| AUROPHARMA | 1117.4 | 1100 |
| AXISBANK | 1144.4 | 1100 |
| BAJAJ-AUTO | 9054.5 | 9100 |
| BAJAJFINSV | 2069.5 | 2040 |
| BAJFINANCE | 1006.5 | 980 |
| BANDHANBNK | 163.19 | 165 |
| BANKBARODA | 251.14 | 245 |
| BANKINDIA | 120.53 | 117.5 |
| BDL | 1627.7 | 1550 |
| BEL | 406.4 | 400 |
| BHARATFORG | 1256 | 1220 |
| BHARTIARTL | 1956.2 | 1920 |
| BHEL | 239.6 | 230 |
| BIOCON | 362.15 | 365 |
| BLUESTARCO | 1996.8 | 1920 |
| BOSCHLTD | 39570 | 40000 |
| BPCL | 325.4 | 325 |
| BRITANNIA | 6056.5 | 6100 |
| BSE | 2156.2 | 2200 |
| CAMS | 4014 | 4000 |
| CANBK | 118.87 | 115 |
| CDSL | 1558.5 | 1580 |
| CGPOWER | 770.2 | 760 |
| CHOLAFIN | 1630 | 1540 |
| CIPLA | 1542.2 | 1560 |
| COALINDIA | 394.7 | 390 |
| COFORGE | 1716.9 | 1740 |
| COLPAL | 2344.8 | 2360 |
| CONCOR | 550.15 | 560 |
| CROMPTON | 308.75 | 320 |
| CUMMINSIND | 3990.1 | 4000 |
| CYIENT | 1194.8 | 1240 |
| DABUR | 522.05 | 540 |
| DALBHARAT | 2378.5 | 2400 |
| DELHIVERY | 467.9 | 475 |
| DIVISLAB | 6092.5 | 6100 |
| DIXON | 18082 | 18000 |
| DLF | 773.75 | 780 |
| DMART | 4671.2 | 4700 |
| DRREDDY | 1301.4 | 1300 |
| EICHERMOT | 6946 | 6700 |
| ETERNAL | 341.85 | 330 |
| EXIDEIND | 403.85 | 415 |
| FEDERALBNK | 195 | 197.5 |
| FORTIS | 966.25 | 950 |
| GAIL | 180.95 | 180 |
| GLENMARK | 2017.8 | 2060 |
| GMRAIRPORT | 91.17 | 90 |
| GODREJCP | 1232.2 | 1240 |
| GODREJPROP | 2103.7 | 2050 |
| GRASIM | 2854.1 | 2820 |
| HAL | 4808.7 | 4800 |
| HAVELLS | 1581.3 | 1600 |
| HCLTECH | 1439.9 | 1480 |
| HDFCAMC | 5827.5 | 5800 |
| HDFCBANK | 964.2 | 970 |
| HDFCLIFE | 787.8 | 780 |
| HEROMOTOCO | 5429.5 | 5350 |
| HFCL | 74.85 | 75 |
| HINDALCO | 745.7 | 740 |
| HINDPETRO | 412.75 | 405 |
| HINDUNILVR | 2572.2 | 2600 |
| HINDZINC | 459.25 | 450 |
| HUDCO | 239.96 | 225 |
| ICICIBANK | 1401.5 | 1410 |
| ICICIGI | 1886.3 | 1880 |
| ICICIPRULI | 609.5 | 610 |
| IDEA | 8.39 | 8 |
| IDFCFIRSTB | 70.92 | 72 |
| IEX | 146.09 | 147.5 |
| IGL | 211.56 | 215 |
| IIFL | 450.1 | 450 |
| INDHOTEL | 769.4 | 780 |
| INDIANB | 704.55 | 690 |
| INDIGO | 5747.5 | 5700 |
| INDUSINDBK | 734.3 | 750 |
| INDUSTOWER | 356 | 350 |
| INFY | 1499.5 | 1500 |
| INOXWIND | 152.43 | 150 |
| IOC | 148.3 | 145 |
| IRCTC | 727.1 | 730 |
| IREDA | 159.06 | 150 |
| IRFC | 128.54 | 127.5 |
| ITC | 406.95 | 410 |
| JINDALSTEL | 1032.45 | 1030 |
| JIOFIN | 313.85 | 320 |
| JSWENERGY | 542.95 | 530 |
| JSWSTEEL | 1117 | 1100 |
| JUBLFOOD | 622.8 | 630 |
| KALYANKJIL | 505.25 | 520 |
| KAYNES | 7083.5 | 7000 |
| KEI | 4131.4 | 4150 |
| KFINTECH | 1093.9 | 1150 |
| KOTAKBANK | 2021.7 | 2000 |
| KPITTECH | 1262.4 | 1280 |
| LAURUSLABS | 903.8 | 910 |
| LICHSGFIN | 587.3 | 580 |
| LICI | 904.5 | 890 |
| LODHA | 1212.3 | 1200 |
| LT | 3644.5 | 3600 |
| LTF | 248.09 | 240 |
| LTIM | 5260 | 5300 |
| LUPIN | 2004.4 | 2020 |
| M&M | 3584.8 | 3550 |
| MANAPPURAM | 293.9 | 285 |
| MANKIND | 2594.9 | 2600 |
| MARICO | 716.85 | 720 |
| MARUTI | 15816 | 15200 |
| MAXHEALTH | 1171.6 | 1160 |
| MAZDOCK | 2976.4 | 2900 |
| MCX | 7989.5 | 7900 |
| MFSL | 1556.7 | 1560 |
| MOTHERSON | 109.95 | 105 |
| MPHASIS | 2852.4 | 3000 |
| MUTHOOTFIN | 3047.6 | 2950 |
| NATIONALUM | 210.94 | 210 |
| NAUKRI | 1417.7 | 1380 |
| NBCC | 114.95 | 107.5 |
| NCC | 213.93 | 215 |
| NESTLEIND | 1188.3 | 1190 |
| NHPC | 87.73 | 85 |
| NMDC | 76.86 | 75 |
| NTPC | 339.2 | 335 |
| NUVAMA | 6280.5 | 6400 |
| NYKAA | 242.4 | 240 |
| OBEROIRLTY | 1673.9 | 1660 |
| OFSS | 9056.5 | 9100 |
| OIL | 409.25 | 400 |
| ONGC | 237.47 | 235 |
| PAGEIND | 43405 | 44000 |
| PATANJALI | 597.4 | 600 |
| PAYTM | 1196.2 | 1200 |
| PERSISTENT | 5271 | 5400 |
| PETRONET | 275.9 | 285 |
| PFC | 408.85 | 410 |
| PGEL | 561 | 560 |
| PHOENIXLTD | 1638.3 | 1580 |
| PIDILITIND | 3038 | 3080 |
| PIIND | 3668.9 | 3750 |
| PNB | 113.04 | 111 |
| PNBHOUSING | 859.05 | 840 |
| POLICYBZR | 1796.6 | 1800 |
| POLYCAB | 7657 | 7400 |
| POWERGRID | 286.65 | 290 |
| PPLPHARMA | 202.71 | 205 |
| PRESTIGE | 1617.4 | 1600 |
| RBLBANK | 269.7 | 260 |
| RECLTD | 384 | 380 |
| RELIANCE | 1390.6 | 1400 |
| RVNL | 358.9 | 350 |
| SAIL | 135.49 | 132.5 |
| SBICARD | 869.05 | 870 |
| SBILIFE | 1857.7 | 1840 |
| SBIN | 855.25 | 840 |
| SHREECEM | 29705 | 29750 |
| SHRIRAMFIN | 627.85 | 620 |
| SIEMENS | 3243.5 | 3250 |
| SOLARINDS | 14464 | 14500 |
| SONACOMS | 420.6 | 440 |
| SRF | 2914 | 2950 |
| SUNPHARMA | 1644 | 1600 |
| SUPREMEIND | 4371.9 | 4500 |
| SUZLON | 59.93 | 59 |
| SYNGENE | 655.3 | 660 |
| TATACHEM | 973.95 | 990 |
| TATACONSUM | 1130.1 | 1110 |
| TATAELXSI | 5607 | 5700 |
| TATAMOTORS | 696.25 | 710 |
| TATAPOWER | 395.3 | 395 |
| TATASTEEL | 171.39 | 170 |
| TATATECH | 702.25 | 710 |
| TCS | 3073.8 | 3120 |
| TECHM | 1505.4 | 1520 |
| TIINDIA | 3350.1 | 3300 |
| TITAGARH | 933.9 | 920 |
| TITAN | 3457.5 | 3550 |
| TORNTPHARM | 3655.9 | 3600 |
| TORNTPOWER | 1268.6 | 1280 |
| TRENT | 5010.5 | 5200 |
| TVSMOTOR | 3525.6 | 3400 |
| ULTRACEMCO | 12650 | 12600 |
| UNIONBANK | 138.81 | 137.5 |
| UNITDSPR | 1339.9 | 1320 |
| UNOMINDA | 1312.7 | 1300 |
| UPL | 682.8 | 700 |
| VBL | 463.95 | 480 |
| VEDL | 458.45 | 450 |
| VOLTAS | 1376.2 | 1400 |
| WIPRO | 250.33 | 250 |
| YESBANK | 21.21 | 20 |
| ZYDUSLIFE | 1035.7 | 1030 |
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.
