GOLDM
Gold Mini
Max pain for GOLDM
22 Sep 2025 08:00 PM IST
Max Pain for GOLDM is 110000
Strike 100000 has a total call value of 0 versus a total put value of 616,105,000,000 Combined total value = 616,105,000,000
Strike 100100 has a total call value of 23,000,000 versus a total put value of 608,244,000,000 Combined total value = 608,267,000,000
Strike 100200 has a total call value of 46,000,000 versus a total put value of 600,383,000,000 Combined total value = 600,429,000,000
Strike 100300 has a total call value of 69,000,000 versus a total put value of 592,522,000,000 Combined total value = 592,591,000,000
Strike 100400 has a total call value of 92,000,000 versus a total put value of 584,661,000,000 Combined total value = 584,753,000,000
Strike 100500 has a total call value of 115,000,000 versus a total put value of 576,800,000,000 Combined total value = 576,915,000,000
Strike 100600 has a total call value of 138,000,000 versus a total put value of 568,939,000,000 Combined total value = 569,077,000,000
Strike 100700 has a total call value of 161,000,000 versus a total put value of 561,078,000,000 Combined total value = 561,239,000,000
Strike 100800 has a total call value of 184,000,000 versus a total put value of 553,217,000,000 Combined total value = 553,401,000,000
Strike 100900 has a total call value of 207,000,000 versus a total put value of 545,356,000,000 Combined total value = 545,563,000,000
Strike 101000 has a total call value of 230,000,000 versus a total put value of 537,495,000,000 Combined total value = 537,725,000,000
Strike 101100 has a total call value of 253,000,000 versus a total put value of 529,657,000,000 Combined total value = 529,910,000,000
Strike 101200 has a total call value of 276,000,000 versus a total put value of 521,819,000,000 Combined total value = 522,095,000,000
Strike 101300 has a total call value of 299,000,000 versus a total put value of 513,981,000,000 Combined total value = 514,280,000,000
Strike 101400 has a total call value of 322,000,000 versus a total put value of 506,143,000,000 Combined total value = 506,465,000,000
Strike 101500 has a total call value of 345,000,000 versus a total put value of 498,305,000,000 Combined total value = 498,650,000,000
Strike 101600 has a total call value of 368,000,000 versus a total put value of 490,467,000,000 Combined total value = 490,835,000,000
Strike 101700 has a total call value of 391,000,000 versus a total put value of 482,629,000,000 Combined total value = 483,020,000,000
Strike 101800 has a total call value of 414,000,000 versus a total put value of 474,791,000,000 Combined total value = 475,205,000,000
Strike 101900 has a total call value of 437,000,000 versus a total put value of 466,953,000,000 Combined total value = 467,390,000,000
Strike 102000 has a total call value of 460,000,000 versus a total put value of 459,115,000,000 Combined total value = 459,575,000,000
Strike 102100 has a total call value of 483,000,000 versus a total put value of 451,299,000,000 Combined total value = 451,782,000,000
Strike 102200 has a total call value of 506,000,000 versus a total put value of 443,483,000,000 Combined total value = 443,989,000,000
Strike 102300 has a total call value of 529,000,000 versus a total put value of 435,667,000,000 Combined total value = 436,196,000,000
Strike 102400 has a total call value of 552,000,000 versus a total put value of 427,851,000,000 Combined total value = 428,403,000,000
Strike 102500 has a total call value of 575,000,000 versus a total put value of 420,035,000,000 Combined total value = 420,610,000,000
Strike 102600 has a total call value of 598,000,000 versus a total put value of 412,219,000,000 Combined total value = 412,817,000,000
Strike 102700 has a total call value of 621,000,000 versus a total put value of 404,403,000,000 Combined total value = 405,024,000,000
Strike 102800 has a total call value of 644,000,000 versus a total put value of 396,587,000,000 Combined total value = 397,231,000,000
Strike 102900 has a total call value of 667,000,000 versus a total put value of 388,771,000,000 Combined total value = 389,438,000,000
Strike 103000 has a total call value of 690,000,000 versus a total put value of 380,955,000,000 Combined total value = 381,645,000,000
Strike 103100 has a total call value of 713,000,000 versus a total put value of 373,204,000,000 Combined total value = 373,917,000,000
Strike 103200 has a total call value of 736,000,000 versus a total put value of 365,453,000,000 Combined total value = 366,189,000,000
Strike 103300 has a total call value of 759,000,000 versus a total put value of 357,702,000,000 Combined total value = 358,461,000,000
Strike 103400 has a total call value of 782,000,000 versus a total put value of 349,951,000,000 Combined total value = 350,733,000,000
Strike 103500 has a total call value of 805,000,000 versus a total put value of 342,200,000,000 Combined total value = 343,005,000,000
Strike 103600 has a total call value of 828,000,000 versus a total put value of 334,449,000,000 Combined total value = 335,277,000,000
Strike 103700 has a total call value of 851,000,000 versus a total put value of 326,698,000,000 Combined total value = 327,549,000,000
Strike 103800 has a total call value of 874,000,000 versus a total put value of 318,947,000,000 Combined total value = 319,821,000,000
Strike 103900 has a total call value of 897,000,000 versus a total put value of 311,196,000,000 Combined total value = 312,093,000,000
Strike 104000 has a total call value of 920,000,000 versus a total put value of 303,445,000,000 Combined total value = 304,365,000,000
Strike 104100 has a total call value of 986,000,000 versus a total put value of 295,894,000,000 Combined total value = 296,880,000,000
Strike 104200 has a total call value of 1,052,000,000 versus a total put value of 288,343,000,000 Combined total value = 289,395,000,000
Strike 104300 has a total call value of 1,118,000,000 versus a total put value of 280,792,000,000 Combined total value = 281,910,000,000
Strike 104400 has a total call value of 1,184,000,000 versus a total put value of 273,241,000,000 Combined total value = 274,425,000,000
Strike 104500 has a total call value of 1,250,000,000 versus a total put value of 265,690,000,000 Combined total value = 266,940,000,000
Strike 104600 has a total call value of 1,316,000,000 versus a total put value of 258,139,000,000 Combined total value = 259,455,000,000
Strike 104700 has a total call value of 1,382,000,000 versus a total put value of 250,588,000,000 Combined total value = 251,970,000,000
Strike 104800 has a total call value of 1,448,000,000 versus a total put value of 243,037,000,000 Combined total value = 244,485,000,000
Strike 104900 has a total call value of 1,514,000,000 versus a total put value of 235,486,000,000 Combined total value = 237,000,000,000
Strike 105000 has a total call value of 1,580,000,000 versus a total put value of 227,935,000,000 Combined total value = 229,515,000,000
Strike 105100 has a total call value of 2,267,000,000 versus a total put value of 222,302,000,000 Combined total value = 224,569,000,000
Strike 105200 has a total call value of 2,954,000,000 versus a total put value of 216,669,000,000 Combined total value = 219,623,000,000
Strike 105300 has a total call value of 3,641,000,000 versus a total put value of 211,036,000,000 Combined total value = 214,677,000,000
Strike 105400 has a total call value of 4,328,000,000 versus a total put value of 205,403,000,000 Combined total value = 209,731,000,000
Strike 105500 has a total call value of 5,015,000,000 versus a total put value of 199,770,000,000 Combined total value = 204,785,000,000
Strike 105600 has a total call value of 5,702,000,000 versus a total put value of 194,137,000,000 Combined total value = 199,839,000,000
Strike 105700 has a total call value of 6,389,000,000 versus a total put value of 188,504,000,000 Combined total value = 194,893,000,000
Strike 105800 has a total call value of 7,076,000,000 versus a total put value of 182,871,000,000 Combined total value = 189,947,000,000
Strike 105900 has a total call value of 7,763,000,000 versus a total put value of 177,238,000,000 Combined total value = 185,001,000,000
Strike 106000 has a total call value of 8,450,000,000 versus a total put value of 171,605,000,000 Combined total value = 180,055,000,000
Strike 106100 has a total call value of 9,217,000,000 versus a total put value of 166,340,000,000 Combined total value = 175,557,000,000
Strike 106200 has a total call value of 9,984,000,000 versus a total put value of 161,075,000,000 Combined total value = 171,059,000,000
Strike 106300 has a total call value of 10,751,000,000 versus a total put value of 155,810,000,000 Combined total value = 166,561,000,000
Strike 106400 has a total call value of 11,518,000,000 versus a total put value of 150,545,000,000 Combined total value = 162,063,000,000
Strike 106500 has a total call value of 12,285,000,000 versus a total put value of 145,280,000,000 Combined total value = 157,565,000,000
Strike 106600 has a total call value of 13,052,000,000 versus a total put value of 140,015,000,000 Combined total value = 153,067,000,000
Strike 106700 has a total call value of 13,819,000,000 versus a total put value of 134,750,000,000 Combined total value = 148,569,000,000
Strike 106800 has a total call value of 14,586,000,000 versus a total put value of 129,485,000,000 Combined total value = 144,071,000,000
Strike 106900 has a total call value of 15,353,000,000 versus a total put value of 124,220,000,000 Combined total value = 139,573,000,000
Strike 107000 has a total call value of 16,120,000,000 versus a total put value of 118,955,000,000 Combined total value = 135,075,000,000
Strike 107100 has a total call value of 16,983,000,000 versus a total put value of 114,458,000,000 Combined total value = 131,441,000,000
Strike 107200 has a total call value of 17,846,000,000 versus a total put value of 109,961,000,000 Combined total value = 127,807,000,000
Strike 107300 has a total call value of 18,709,000,000 versus a total put value of 105,464,000,000 Combined total value = 124,173,000,000
Strike 107400 has a total call value of 19,572,000,000 versus a total put value of 100,967,000,000 Combined total value = 120,539,000,000
Strike 107500 has a total call value of 20,435,000,000 versus a total put value of 96,470,000,000 Combined total value = 116,905,000,000
Strike 107600 has a total call value of 21,298,000,000 versus a total put value of 91,973,000,000 Combined total value = 113,271,000,000
Strike 107700 has a total call value of 22,161,000,000 versus a total put value of 87,476,000,000 Combined total value = 109,637,000,000
Strike 107800 has a total call value of 23,024,000,000 versus a total put value of 82,979,000,000 Combined total value = 106,003,000,000
Strike 107900 has a total call value of 23,887,000,000 versus a total put value of 78,482,000,000 Combined total value = 102,369,000,000
Strike 108000 has a total call value of 24,750,000,000 versus a total put value of 73,985,000,000 Combined total value = 98,735,000,000
Strike 108100 has a total call value of 25,813,000,000 versus a total put value of 70,462,000,000 Combined total value = 96,275,000,000
Strike 108200 has a total call value of 26,876,000,000 versus a total put value of 66,939,000,000 Combined total value = 93,815,000,000
Strike 108300 has a total call value of 27,939,000,000 versus a total put value of 63,416,000,000 Combined total value = 91,355,000,000
Strike 108400 has a total call value of 29,002,000,000 versus a total put value of 59,893,000,000 Combined total value = 88,895,000,000
Strike 108500 has a total call value of 30,065,000,000 versus a total put value of 56,370,000,000 Combined total value = 86,435,000,000
Strike 108600 has a total call value of 31,128,000,000 versus a total put value of 52,847,000,000 Combined total value = 83,975,000,000
Strike 108700 has a total call value of 32,191,000,000 versus a total put value of 49,324,000,000 Combined total value = 81,515,000,000
Strike 108800 has a total call value of 33,254,000,000 versus a total put value of 45,801,000,000 Combined total value = 79,055,000,000
Strike 108900 has a total call value of 34,317,000,000 versus a total put value of 42,278,000,000 Combined total value = 76,595,000,000
Strike 109000 has a total call value of 35,380,000,000 versus a total put value of 38,755,000,000 Combined total value = 74,135,000,000
Strike 109100 has a total call value of 36,774,000,000 versus a total put value of 36,318,000,000 Combined total value = 73,092,000,000
Strike 109200 has a total call value of 38,168,000,000 versus a total put value of 33,881,000,000 Combined total value = 72,049,000,000
Strike 109300 has a total call value of 39,562,000,000 versus a total put value of 31,444,000,000 Combined total value = 71,006,000,000
Strike 109400 has a total call value of 40,956,000,000 versus a total put value of 29,007,000,000 Combined total value = 69,963,000,000
Strike 109500 has a total call value of 42,350,000,000 versus a total put value of 26,570,000,000 Combined total value = 68,920,000,000
Strike 109600 has a total call value of 43,744,000,000 versus a total put value of 24,138,000,000 Combined total value = 67,882,000,000
Strike 109700 has a total call value of 45,138,000,000 versus a total put value of 21,706,000,000 Combined total value = 66,844,000,000
Strike 109800 has a total call value of 46,532,000,000 versus a total put value of 19,274,000,000 Combined total value = 65,806,000,000
Strike 109900 has a total call value of 47,926,000,000 versus a total put value of 16,842,000,000 Combined total value = 64,768,000,000
Strike 110000 has a total call value of 49,320,000,000 versus a total put value of 14,410,000,000 Combined total value = 63,730,000,000
Strike 110100 has a total call value of 51,631,000,000 versus a total put value of 13,254,000,000 Combined total value = 64,885,000,000
Strike 110200 has a total call value of 53,942,000,000 versus a total put value of 12,098,000,000 Combined total value = 66,040,000,000
Strike 110300 has a total call value of 56,253,000,000 versus a total put value of 10,942,000,000 Combined total value = 67,195,000,000
Strike 110400 has a total call value of 58,564,000,000 versus a total put value of 9,786,000,000 Combined total value = 68,350,000,000
Strike 110500 has a total call value of 60,875,000,000 versus a total put value of 8,630,000,000 Combined total value = 69,505,000,000
Strike 110600 has a total call value of 63,199,000,000 versus a total put value of 7,477,000,000 Combined total value = 70,676,000,000
Strike 110700 has a total call value of 65,523,000,000 versus a total put value of 6,324,000,000 Combined total value = 71,847,000,000
Strike 110800 has a total call value of 67,847,000,000 versus a total put value of 5,171,000,000 Combined total value = 73,018,000,000
Strike 110900 has a total call value of 70,173,000,000 versus a total put value of 4,018,000,000 Combined total value = 74,191,000,000
Strike 111000 has a total call value of 72,499,000,000 versus a total put value of 2,865,000,000 Combined total value = 75,364,000,000
Strike 111100 has a total call value of 75,477,000,000 versus a total put value of 2,618,000,000 Combined total value = 78,095,000,000
Strike 111200 has a total call value of 78,463,000,000 versus a total put value of 2,371,000,000 Combined total value = 80,834,000,000
Strike 111300 has a total call value of 81,450,000,000 versus a total put value of 2,124,000,000 Combined total value = 83,574,000,000
Strike 111400 has a total call value of 84,439,000,000 versus a total put value of 1,877,000,000 Combined total value = 86,316,000,000
Strike 111500 has a total call value of 87,437,000,000 versus a total put value of 1,631,000,000 Combined total value = 89,068,000,000
Strike 111600 has a total call value of 90,450,000,000 versus a total put value of 1,389,000,000 Combined total value = 91,839,000,000
Strike 111700 has a total call value of 93,463,000,000 versus a total put value of 1,148,000,000 Combined total value = 94,611,000,000
Strike 111800 has a total call value of 96,476,000,000 versus a total put value of 909,000,000 Combined total value = 97,385,000,000
Strike 111900 has a total call value of 99,489,000,000 versus a total put value of 670,000,000 Combined total value = 100,159,000,000
Strike 112000 has a total call value of 102,502,000,000 versus a total put value of 431,000,000 Combined total value = 102,933,000,000
Strike 112100 has a total call value of 106,338,000,000 versus a total put value of 400,000,000 Combined total value = 106,738,000,000
Strike 112200 has a total call value of 110,174,000,000 versus a total put value of 370,000,000 Combined total value = 110,544,000,000
Strike 112300 has a total call value of 114,010,000,000 versus a total put value of 340,000,000 Combined total value = 114,350,000,000
Strike 112400 has a total call value of 117,846,000,000 versus a total put value of 310,000,000 Combined total value = 118,156,000,000
Strike 112500 has a total call value of 121,682,000,000 versus a total put value of 280,000,000 Combined total value = 121,962,000,000
Strike 112600 has a total call value of 125,518,000,000 versus a total put value of 250,000,000 Combined total value = 125,768,000,000
Strike 112700 has a total call value of 129,354,000,000 versus a total put value of 220,000,000 Combined total value = 129,574,000,000
Strike 112800 has a total call value of 133,190,000,000 versus a total put value of 190,000,000 Combined total value = 133,380,000,000
Strike 112900 has a total call value of 137,026,000,000 versus a total put value of 160,000,000 Combined total value = 137,186,000,000
Strike 113000 has a total call value of 140,862,000,000 versus a total put value of 130,000,000 Combined total value = 140,992,000,000
Strike 113100 has a total call value of 145,153,000,000 versus a total put value of 117,000,000 Combined total value = 145,270,000,000
Strike 113200 has a total call value of 149,444,000,000 versus a total put value of 104,000,000 Combined total value = 149,548,000,000
Strike 113300 has a total call value of 153,735,000,000 versus a total put value of 91,000,000 Combined total value = 153,826,000,000
Strike 113400 has a total call value of 158,026,000,000 versus a total put value of 78,000,000 Combined total value = 158,104,000,000
Strike 113500 has a total call value of 162,317,000,000 versus a total put value of 65,000,000 Combined total value = 162,382,000,000
Strike 113600 has a total call value of 166,608,000,000 versus a total put value of 52,000,000 Combined total value = 166,660,000,000
Strike 113700 has a total call value of 170,899,000,000 versus a total put value of 39,000,000 Combined total value = 170,938,000,000
Strike 113800 has a total call value of 175,190,000,000 versus a total put value of 26,000,000 Combined total value = 175,216,000,000
Strike 113900 has a total call value of 179,481,000,000 versus a total put value of 13,000,000 Combined total value = 179,494,000,000
Strike 114000 has a total call value of 183,772,000,000 versus a total put value of 0 Combined total value = 183,772,000,000
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.
