IOC
Indian Oil Corp LtdMax pain for IOC
25 Oct 2025 03:52 PM IST
Max Pain for IOC is 152
Strike 120 has a total call value of 0 versus a total put value of 68,101,556,250 Combined total value = 68,101,556,250
Strike 121 has a total call value of 11,212,500 versus a total put value of 65,699,156,250 Combined total value = 65,710,368,750
Strike 122 has a total call value of 22,425,000 versus a total put value of 63,296,756,250 Combined total value = 63,319,181,250
Strike 122.5 has a total call value of 28,031,250 versus a total put value of 62,095,556,250 Combined total value = 62,123,587,500
Strike 123 has a total call value of 33,637,500 versus a total put value of 60,894,356,250 Combined total value = 60,927,993,750
Strike 124 has a total call value of 44,850,000 versus a total put value of 58,491,956,250 Combined total value = 58,536,806,250
Strike 125 has a total call value of 56,062,500 versus a total put value of 56,089,556,250 Combined total value = 56,145,618,750
Strike 126 has a total call value of 67,275,000 versus a total put value of 53,687,156,250 Combined total value = 53,754,431,250
Strike 127 has a total call value of 78,487,500 versus a total put value of 51,284,756,250 Combined total value = 51,363,243,750
Strike 127.5 has a total call value of 84,093,750 versus a total put value of 50,083,556,250 Combined total value = 50,167,650,000
Strike 128 has a total call value of 89,700,000 versus a total put value of 48,882,356,250 Combined total value = 48,972,056,250
Strike 129 has a total call value of 100,912,500 versus a total put value of 46,479,956,250 Combined total value = 46,580,868,750
Strike 130 has a total call value of 112,125,000 versus a total put value of 44,077,556,250 Combined total value = 44,189,681,250
Strike 131 has a total call value of 130,650,000 versus a total put value of 41,675,156,250 Combined total value = 41,805,806,250
Strike 132 has a total call value of 149,175,000 versus a total put value of 39,272,756,250 Combined total value = 39,421,931,250
Strike 132.5 has a total call value of 158,437,500 versus a total put value of 38,071,556,250 Combined total value = 38,229,993,750
Strike 133 has a total call value of 167,700,000 versus a total put value of 36,870,356,250 Combined total value = 37,038,056,250
Strike 134 has a total call value of 186,225,000 versus a total put value of 34,467,956,250 Combined total value = 34,654,181,250
Strike 135 has a total call value of 204,750,000 versus a total put value of 32,065,556,250 Combined total value = 32,270,306,250
Strike 136 has a total call value of 234,000,000 versus a total put value of 29,725,068,750 Combined total value = 29,959,068,750
Strike 137 has a total call value of 263,250,000 versus a total put value of 27,384,581,250 Combined total value = 27,647,831,250
Strike 137.5 has a total call value of 277,875,000 versus a total put value of 26,214,337,500 Combined total value = 26,492,212,500
Strike 138 has a total call value of 292,500,000 versus a total put value of 25,071,881,250 Combined total value = 25,364,381,250
Strike 139 has a total call value of 321,750,000 versus a total put value of 22,790,868,750 Combined total value = 23,112,618,750
Strike 140 has a total call value of 351,000,000 versus a total put value of 20,561,531,250 Combined total value = 20,912,531,250
Strike 141 has a total call value of 433,875,000 versus a total put value of 18,630,543,750 Combined total value = 19,064,418,750
Strike 142 has a total call value of 516,750,000 versus a total put value of 16,716,618,750 Combined total value = 17,233,368,750
Strike 142.5 has a total call value of 559,162,500 versus a total put value of 15,780,618,750 Combined total value = 16,339,781,250
Strike 143 has a total call value of 625,706,250 versus a total put value of 14,878,012,500 Combined total value = 15,503,718,750
Strike 144 has a total call value of 758,793,750 versus a total put value of 13,100,100,000 Combined total value = 13,858,893,750
Strike 145 has a total call value of 897,731,250 versus a total put value of 11,347,537,500 Combined total value = 12,245,268,750
Strike 146 has a total call value of 1,158,543,750 versus a total put value of 9,797,287,500 Combined total value = 10,955,831,250
Strike 147 has a total call value of 1,428,618,750 versus a total put value of 8,360,625,000 Combined total value = 9,789,243,750
Strike 147.5 has a total call value of 1,577,062,500 versus a total put value of 7,673,737,500 Combined total value = 9,250,800,000
Strike 148 has a total call value of 1,745,250,000 versus a total put value of 7,032,675,000 Combined total value = 8,777,925,000
Strike 149 has a total call value of 2,091,862,500 versus a total put value of 5,852,437,500 Combined total value = 7,944,300,000
Strike 150 has a total call value of 2,450,175,000 versus a total put value of 4,777,987,500 Combined total value = 7,228,162,500
Strike 151 has a total call value of 3,151,687,500 versus a total put value of 3,980,925,000 Combined total value = 7,132,612,500
Strike 152 has a total call value of 3,908,287,500 versus a total put value of 3,215,550,000 Combined total value = 7,123,837,500
Strike 152.5 has a total call value of 4,329,000,000 versus a total put value of 2,854,068,750 Combined total value = 7,183,068,750
Strike 153 has a total call value of 4,807,968,750 versus a total put value of 2,536,950,000 Combined total value = 7,344,918,750
Strike 154 has a total call value of 5,847,806,250 versus a total put value of 1,962,187,500 Combined total value = 7,809,993,750
Strike 155 has a total call value of 7,025,118,750 versus a total put value of 1,483,950,000 Combined total value = 8,509,068,750
Strike 156 has a total call value of 8,721,618,750 versus a total put value of 1,207,537,500 Combined total value = 9,929,156,250
Strike 157 has a total call value of 10,566,318,750 versus a total put value of 995,475,000 Combined total value = 11,561,793,750
Strike 157.5 has a total call value of 11,551,800,000 versus a total put value of 902,850,000 Combined total value = 12,454,650,000
Strike 158 has a total call value of 12,581,156,250 versus a total put value of 823,875,000 Combined total value = 13,405,031,250
Strike 159 has a total call value of 14,703,731,250 versus a total put value of 665,925,000 Combined total value = 15,369,656,250
Strike 160 has a total call value of 16,947,693,750 versus a total put value of 519,675,000 Combined total value = 17,467,368,750
Strike 161 has a total call value of 19,659,656,250 versus a total put value of 444,600,000 Combined total value = 20,104,256,250
Strike 162 has a total call value of 22,437,431,250 versus a total put value of 369,525,000 Combined total value = 22,806,956,250
Strike 162.5 has a total call value of 23,876,043,750 versus a total put value of 331,987,500 Combined total value = 24,208,031,250
Strike 163 has a total call value of 25,346,587,500 versus a total put value of 294,450,000 Combined total value = 25,641,037,500
Strike 164 has a total call value of 28,379,325,000 versus a total put value of 219,375,000 Combined total value = 28,598,700,000
Strike 165 has a total call value of 31,453,012,500 versus a total put value of 144,300,000 Combined total value = 31,597,312,500
Strike 166 has a total call value of 34,761,187,500 versus a total put value of 114,562,500 Combined total value = 34,875,750,000
Strike 167 has a total call value of 38,110,312,500 versus a total put value of 84,825,000 Combined total value = 38,195,137,500
Strike 167.5 has a total call value of 39,793,406,250 versus a total put value of 70,687,500 Combined total value = 39,864,093,750
Strike 168 has a total call value of 41,476,500,000 versus a total put value of 56,550,000 Combined total value = 41,533,050,000
Strike 169 has a total call value of 44,937,750,000 versus a total put value of 28,275,000 Combined total value = 44,966,025,000
Strike 170 has a total call value of 48,399,000,000 versus a total put value of 0 Combined total value = 48,399,000,000
Strike 171 has a total call value of 52,023,075,000 versus a total put value of 0 Combined total value = 52,023,075,000
Strike 172 has a total call value of 55,647,150,000 versus a total put value of 0 Combined total value = 55,647,150,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1140 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 300 |
| ADANIENSOL | 879.2 | 930 |
| ADANIENT | 2543.7 | 2560 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1440 |
| ALKEM | 5433 | 5550 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 580 |
| ANGELONE | 2136.4 | 2400 |
| APLAPOLLO | 1660.1 | 1720 |
| APOLLOHOSP | 7510 | 7800 |
| ASHOKLEY | 141.93 | 137.5 |
| ASIANPAINT | 2342.8 | 2440 |
| ASTRAL | 1373.8 | 1440 |
| AUBANK | 743.2 | 840 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1190 |
| BAJAJ-AUTO | 8702 | 9000 |
| BAJAJFINSV | 2003.2 | 2080 |
| BAJFINANCE | 985.1 | 1050 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 130 |
| BDL | 1497.8 | 1550 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1260 |
| BHARTIARTL | 1916.6 | 1960 |
| BHEL | 231.01 | 237.5 |
| BIOCON | 338.9 | 360 |
| BLUESTARCO | 1890.1 | 1960 |
| BOSCHLTD | 38150 | 39000 |
| BPCL | 324.35 | 335 |
| BRITANNIA | 5920.5 | 6000 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3900 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1660 |
| CIPLA | 1499.4 | 1590 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1700 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 300 |
| CUMMINSIND | 3947.6 | 4100 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 500 |
| DALBHARAT | 2215.4 | 2140 |
| DELHIVERY | 445.7 | 465 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 16000 |
| DLF | 716.05 | 760 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1270 |
| EICHERMOT | 7047 | 6900 |
| ETERNAL | 321 | 330 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 220 |
| FORTIS | 932.75 | 1040 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1900 |
| GMRAIRPORT | 87.28 | 91 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2200 |
| GRASIM | 2746.8 | 2820 |
| HAL | 4736.1 | 4800 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1500 |
| HDFCAMC | 5621 | 5650 |
| HDFCBANK | 945.05 | 990 |
| HDFCLIFE | 764.4 | 750 |
| HEROMOTOCO | 5328 | 5550 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 800 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2540 |
| HINDZINC | 449.1 | 490 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1390 |
| ICICIGI | 1894 | 1960 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 75 |
| IEX | 137.76 | 142.5 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 480 |
| INDHOTEL | 709.8 | 740 |
| INDIANB | 706.35 | 800 |
| INDIGO | 5561 | 5750 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 355 |
| INFY | 1448.9 | 1480 |
| INOXWIND | 137.46 | 150 |
| IOC | 145.04 | 152 |
| IRCTC | 703.1 | 720 |
| IREDA | 146.28 | 155 |
| IRFC | 121.91 | 125 |
| ITC | 405.1 | 410 |
| JINDALSTEL | 1029.5 | 1030 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 530 |
| JSWSTEEL | 1130.8 | 1150 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 490 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4200 |
| KFINTECH | 1070.8 | 1140 |
| KOTAKBANK | 1994.8 | 2140 |
| KPITTECH | 1212.8 | 1180 |
| LAURUSLABS | 832.3 | 900 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1160 |
| LT | 3729.5 | 3800 |
| LTF | 236.29 | 262.5 |
| LTIM | 5075 | 5550 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3550 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2450 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1180 |
| MAZDOCK | 2827.6 | 2850 |
| MCX | 7920.5 | 9000 |
| MFSL | 1545.6 | 1560 |
| MOTHERSON | 105.66 | 106 |
| MPHASIS | 2642.4 | 2800 |
| MUTHOOTFIN | 3020.3 | 3200 |
| NATIONALUM | 200.58 | 230 |
| NAUKRI | 1316.2 | 1380 |
| NBCC | 105.18 | 111 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1230 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 76 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1660 |
| OFSS | 8515 | 8700 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 250 |
| PAGEIND | 41240 | 41500 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1260 |
| PERSISTENT | 4951 | 5600 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 410 |
| PGEL | 514.65 | 560 |
| PHOENIXLTD | 1540.4 | 1660 |
| PIDILITIND | 1474.8 | 1510 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 117 |
| PNBHOUSING | 864.1 | 890 |
| POLICYBZR | 1677.1 | 1700 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 290 |
| POWERINDIA | 0 | 17250 |
| PPLPHARMA | 187.73 | 200 |
| PRESTIGE | 1507.4 | 1680 |
| RBLBANK | 272.35 | 295 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1420 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132 |
| SAMMAANCAP | 137.82 | 170 |
| SBICARD | 873.85 | 920 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 885 |
| SHREECEM | 28910 | 29000 |
| SHRIRAMFIN | 606.05 | 680 |
| SIEMENS | 3096.3 | 3150 |
| SILVER | 0 | 150000 |
| SILVERM | 142014 | 150000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 460 |
| SRF | 2806.9 | 3100 |
| SUNPHARMA | 1586.7 | 1680 |
| SUPREMEIND | 4234.2 | 4150 |
| SUZLON | 55.28 | 55 |
| SYNGENE | 609.45 | 640 |
| TATACONSUM | 1119 | 1150 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 360 |
| TATAPOWER | 383.8 | 400 |
| TATASTEEL | 167.4 | 175 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3020 |
| TECHM | 1407.7 | 1460 |
| TIINDIA | 3129.1 | 3200 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3600 |
| TMPV | 0 | 400 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1300 |
| TRENT | 4679 | 4800 |
| TVSMOTOR | 3414.4 | 3550 |
| ULTRACEMCO | 12070 | 12200 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1350 |
| UNOMINDA | 1268.9 | 1240 |
| UPL | 648 | 680 |
| VBL | 444.75 | 460 |
| VEDL | 447.95 | 480 |
| VOLTAS | 1340.2 | 1400 |
| WIPRO | 235.75 | 245 |
| YESBANK | 20.97 | 23 |
| ZYDUSLIFE | 975 | 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.

































































































































































































































