IOC
Indian Oil Corp LtdMax pain for IOC
18 Oct 2025 04:58 PM IST
Max Pain for IOC is 152.5
Strike 127.5 has a total call value of 0 versus a total put value of 64,155,975,000 Combined total value = 64,155,975,000
Strike 128 has a total call value of 0 versus a total put value of 62,712,243,750 Combined total value = 62,712,243,750
Strike 129 has a total call value of 0 versus a total put value of 59,824,781,250 Combined total value = 59,824,781,250
Strike 130 has a total call value of 0 versus a total put value of 56,937,318,750 Combined total value = 56,937,318,750
Strike 131 has a total call value of 0 versus a total put value of 54,127,368,750 Combined total value = 54,127,368,750
Strike 132 has a total call value of 0 versus a total put value of 51,317,418,750 Combined total value = 51,317,418,750
Strike 132.5 has a total call value of 0 versus a total put value of 49,912,443,750 Combined total value = 49,912,443,750
Strike 133 has a total call value of 0 versus a total put value of 48,511,368,750 Combined total value = 48,511,368,750
Strike 134 has a total call value of 0 versus a total put value of 45,709,218,750 Combined total value = 45,709,218,750
Strike 135 has a total call value of 0 versus a total put value of 42,907,068,750 Combined total value = 42,907,068,750
Strike 136 has a total call value of 0 versus a total put value of 40,176,581,250 Combined total value = 40,176,581,250
Strike 137 has a total call value of 0 versus a total put value of 37,446,093,750 Combined total value = 37,446,093,750
Strike 137.5 has a total call value of 0 versus a total put value of 36,080,850,000 Combined total value = 36,080,850,000
Strike 138 has a total call value of 0 versus a total put value of 34,715,606,250 Combined total value = 34,715,606,250
Strike 139 has a total call value of 0 versus a total put value of 31,985,118,750 Combined total value = 31,985,118,750
Strike 140 has a total call value of 0 versus a total put value of 29,254,631,250 Combined total value = 29,254,631,250
Strike 141 has a total call value of 76,537,500 versus a total put value of 26,783,981,250 Combined total value = 26,860,518,750
Strike 142 has a total call value of 153,075,000 versus a total put value of 24,331,368,750 Combined total value = 24,484,443,750
Strike 142.5 has a total call value of 191,343,750 versus a total put value of 23,128,706,250 Combined total value = 23,320,050,000
Strike 143 has a total call value of 253,743,750 versus a total put value of 21,966,018,750 Combined total value = 22,219,762,500
Strike 144 has a total call value of 381,956,250 versus a total put value of 19,661,606,250 Combined total value = 20,043,562,500
Strike 145 has a total call value of 510,168,750 versus a total put value of 17,377,181,250 Combined total value = 17,887,350,000
Strike 146 has a total call value of 829,968,750 versus a total put value of 15,298,968,750 Combined total value = 16,128,937,500
Strike 147 has a total call value of 1,156,593,750 versus a total put value of 13,259,268,750 Combined total value = 14,415,862,500
Strike 147.5 has a total call value of 1,334,287,500 versus a total put value of 12,273,543,750 Combined total value = 13,607,831,250
Strike 148 has a total call value of 1,542,693,750 versus a total put value of 11,343,150,000 Combined total value = 12,885,843,750
Strike 149 has a total call value of 1,972,181,250 versus a total put value of 9,571,087,500 Combined total value = 11,543,268,750
Strike 150 has a total call value of 2,425,068,750 versus a total put value of 7,845,337,500 Combined total value = 10,270,406,250
Strike 151 has a total call value of 3,343,031,250 versus a total put value of 6,559,312,500 Combined total value = 9,902,343,750
Strike 152 has a total call value of 4,283,906,250 versus a total put value of 5,313,262,500 Combined total value = 9,597,168,750
Strike 152.5 has a total call value of 4,784,568,750 versus a total put value of 4,724,362,500 Combined total value = 9,508,931,250
Strike 153 has a total call value of 5,338,856,250 versus a total put value of 4,186,162,500 Combined total value = 9,525,018,750
Strike 154 has a total call value of 6,517,631,250 versus a total put value of 3,184,837,500 Combined total value = 9,702,468,750
Strike 155 has a total call value of 7,849,968,750 versus a total put value of 2,319,037,500 Combined total value = 10,169,006,250
Strike 156 has a total call value of 9,906,731,250 versus a total put value of 1,850,062,500 Combined total value = 11,756,793,750
Strike 157 has a total call value of 12,142,893,750 versus a total put value of 1,467,375,000 Combined total value = 13,610,268,750
Strike 157.5 has a total call value of 13,344,093,750 versus a total put value of 1,299,918,750 Combined total value = 14,644,012,500
Strike 158 has a total call value of 14,589,412,500 versus a total put value of 1,156,350,000 Combined total value = 15,745,762,500
Strike 159 has a total call value of 17,148,300,000 versus a total put value of 884,812,500 Combined total value = 18,033,112,500
Strike 160 has a total call value of 19,781,287,500 versus a total put value of 637,162,500 Combined total value = 20,418,450,000
Strike 161 has a total call value of 23,042,175,000 versus a total put value of 481,650,000 Combined total value = 23,523,825,000
Strike 162 has a total call value of 26,370,337,500 versus a total put value of 337,837,500 Combined total value = 26,708,175,000
Strike 162.5 has a total call value of 28,110,956,250 versus a total put value of 273,975,000 Combined total value = 28,384,931,250
Strike 163 has a total call value of 29,883,993,750 versus a total put value of 215,962,500 Combined total value = 30,099,956,250
Strike 164 has a total call value of 33,459,318,750 versus a total put value of 104,812,500 Combined total value = 33,564,131,250
Strike 165 has a total call value of 37,072,668,750 versus a total put value of 5,850,000 Combined total value = 37,078,518,750
Strike 166 has a total call value of 40,965,356,250 versus a total put value of 2,925,000 Combined total value = 40,968,281,250
Strike 167 has a total call value of 44,884,856,250 versus a total put value of 0 Combined total value = 44,884,856,250
Strike 167.5 has a total call value of 46,868,981,250 versus a total put value of 0 Combined total value = 46,868,981,250
Strike 168 has a total call value of 48,853,106,250 versus a total put value of 0 Combined total value = 48,853,106,250
Strike 169 has a total call value of 52,926,168,750 versus a total put value of 0 Combined total value = 52,926,168,750
Strike 170 has a total call value of 56,999,231,250 versus a total put value of 0 Combined total value = 56,999,231,250
Strike 171 has a total call value of 61,408,668,750 versus a total put value of 0 Combined total value = 61,408,668,750
Strike 172 has a total call value of 65,818,106,250 versus a total put value of 0 Combined total value = 65,818,106,250
Strike 172.5 has a total call value of 68,086,443,750 versus a total put value of 0 Combined total value = 68,086,443,750
Strike 173 has a total call value of 70,354,781,250 versus a total put value of 0 Combined total value = 70,354,781,250
Strike 174 has a total call value of 74,891,456,250 versus a total put value of 0 Combined total value = 74,891,456,250
Strike 175 has a total call value of 79,428,131,250 versus a total put value of 0 Combined total value = 79,428,131,250
Strike 176 has a total call value of 83,964,806,250 versus a total put value of 0 Combined total value = 83,964,806,250
Strike 177 has a total call value of 88,578,506,250 versus a total put value of 0 Combined total value = 88,578,506,250
Strike 177.5 has a total call value of 90,885,356,250 versus a total put value of 0 Combined total value = 90,885,356,250
Strike 178 has a total call value of 93,192,206,250 versus a total put value of 0 Combined total value = 93,192,206,250
Max-Pain Table for stock monthly expiry
| Max Pain Table | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1175.4 | 1140 |
| ABB | 5240 | 5200 |
| ABCAPITAL | 304.85 | 295 |
| ADANIENSOL | 936.45 | 930 |
| ADANIENT | 2549.9 | 2550 |
| ADANIGREEN | 1040 | 1060 |
| ADANIPORTS | 1473.5 | 1440 |
| ALKEM | 5547.5 | 5550 |
| AMBER | 8245.5 | 8200 |
| AMBUJACEM | 567.5 | 570 |
| ANGELONE | 2497.8 | 2400 |
| APLAPOLLO | 1752.1 | 1720 |
| APOLLOHOSP | 8012 | 7800 |
| ASHOKLEY | 136.24 | 137.5 |
| ASIANPAINT | 2504.6 | 2440 |
| ASTRAL | 1446.7 | 1420 |
| AUBANK | 861.35 | 780 |
| AUROPHARMA | 1100.5 | 1100 |
| AXISBANK | 1237.3 | 1170 |
| BAJAJ-AUTO | 9118 | 9000 |
| BAJAJFINSV | 2169.1 | 2060 |
| BAJFINANCE | 1086.5 | 1040 |
| BANDHANBNK | 165.99 | 165 |
| BANKBARODA | 270.2 | 260 |
| BANKINDIA | 130.26 | 125 |
| BDL | 1541.7 | 1550 |
| BEL | 417.7 | 410 |
| BHARATFORG | 1243.4 | 1220 |
| BHARTIARTL | 2043.5 | 1960 |
| BHEL | 234.6 | 240 |
| BIOCON | 366.1 | 355 |
| BLUESTARCO | 1963 | 1940 |
| BOSCHLTD | 39200 | 38500 |
| BPCL | 339.05 | 335 |
| BRITANNIA | 6075 | 6000 |
| BSE | 2487.8 | 2400 |
| CAMS | 3838 | 3850 |
| CANBK | 127.12 | 125 |
| CDSL | 1604 | 1580 |
| CGPOWER | 739 | 750 |
| CHOLAFIN | 1670.3 | 1640 |
| CIPLA | 1663.6 | 1550 |
| COALINDIA | 391.1 | 390 |
| COFORGE | 1741.5 | 1700 |
| COLPAL | 2260.6 | 2260 |
| CONCOR | 534.1 | 540 |
| CROMPTON | 288.6 | 295 |
| CUMMINSIND | 4000.9 | 4000 |
| CYIENT | 1190.7 | 1180 |
| DABUR | 506.4 | 500 |
| DALBHARAT | 2185.4 | 2260 |
| DELHIVERY | 476.55 | 460 |
| DIVISLAB | 6587 | 6400 |
| DIXON | 16122 | 17000 |
| DLF | 771.75 | 750 |
| DMART | 4274.5 | 4300 |
| DRREDDY | 1288.7 | 1260 |
| EICHERMOT | 7018.5 | 7000 |
| ETERNAL | 338.1 | 340 |
| EXIDEIND | 399.35 | 400 |
| FEDERALBNK | 227.44 | 210 |
| FORTIS | 1097.9 | 1060 |
| GAIL | 178.39 | 180 |
| GLENMARK | 1855.4 | 1900 |
| GMRAIRPORT | 92.01 | 90 |
| GODREJCP | 1133.8 | 1140 |
| GODREJPROP | 2293.5 | 2140 |
| GRASIM | 2870.7 | 2800 |
| HAL | 4858.2 | 4850 |
| HAVELLS | 1484.1 | 1500 |
| HCLTECH | 1486 | 1480 |
| HDFCAMC | 5707.5 | 5700 |
| HDFCBANK | 1007.7 | 985 |
| HDFCLIFE | 743.7 | 750 |
| HEROMOTOCO | 5646.5 | 5550 |
| HFCL | 77.21 | 75 |
| HINDALCO | 784.95 | 770 |
| HINDPETRO | 455.4 | 440 |
| HINDUNILVR | 2591.7 | 2540 |
| HINDZINC | 483.85 | 500 |
| HUDCO | 228.2 | 230 |
| ICICIBANK | 1382 | 1400 |
| ICICIGI | 2007 | 1980 |
| ICICIPRULI | 595.3 | 600 |
| IDEA | 9 | 9 |
| IDFCFIRSTB | 76.77 | 72 |
| IEX | 139.14 | 140 |
| IGL | 207.42 | 215 |
| IIFL | 499.65 | 490 |
| INDHOTEL | 744.25 | 740 |
| INDIANB | 813.3 | 760 |
| INDIGO | 5913 | 5800 |
| INDUSINDBK | 758.45 | 750 |
| INDUSTOWER | 360.3 | 350 |
| INFY | 1472.4 | 1460 |
| INOXWIND | 149.15 | 145 |
| IOC | 154.13 | 152.5 |
| IRCTC | 718 | 720 |
| IREDA | 153.14 | 152.5 |
| IRFC | 125.2 | 125 |
| ITC | 412.85 | 410 |
| JINDALSTEL | 1009.8 | 1020 |
| JIOFIN | 311.8 | 310 |
| JSWENERGY | 528.1 | 540 |
| JSWSTEEL | 1152.5 | 1160 |
| JUBLFOOD | 590.7 | 600 |
| KALYANKJIL | 492.1 | 480 |
| KAYNES | 6867 | 7000 |
| KEI | 4143.8 | 4200 |
| KFINTECH | 1127.3 | 1100 |
| KOTAKBANK | 2197 | 2120 |
| KPITTECH | 1152.4 | 1160 |
| LAURUSLABS | 923.9 | 880 |
| LICHSGFIN | 573.65 | 580 |
| LICI | 892.1 | 900 |
| LODHA | 1184.8 | 1160 |
| LT | 3888.2 | 3800 |
| LTF | 267.85 | 260 |
| LTIM | 5561 | 5600 |
| LUPIN | 1942.3 | 1960 |
| M&M | 3621.2 | 3550 |
| MANAPPURAM | 286.1 | 285 |
| MANKIND | 2445.6 | 2500 |
| MARICO | 722.05 | 720 |
| MARUTI | 16396 | 16100 |
| MAXHEALTH | 1204 | 1160 |
| MAZDOCK | 2831.7 | 2850 |
| MCX | 9187 | 9000 |
| MFSL | 1540.8 | 1580 |
| MOTHERSON | 105.37 | 105 |
| MPHASIS | 2740.7 | 2750 |
| MUTHOOTFIN | 3274.7 | 3200 |
| NATIONALUM | 227.35 | 225 |
| NAUKRI | 1317 | 1360 |
| NBCC | 112.72 | 111 |
| NCC | 209.37 | 210 |
| NESTLEIND | 1287.3 | 1250 |
| NHPC | 86.35 | 86 |
| NMDC | 75.61 | 76 |
| NTPC | 342 | 340 |
| NUVAMA | 7260 | 7000 |
| NYKAA | 256.86 | 255 |
| OBEROIRLTY | 1699 | 1680 |
| OFSS | 8620.5 | 8800 |
| OIL | 406.6 | 420 |
| ONGC | 248.12 | 245 |
| PAGEIND | 41585 | 41000 |
| PATANJALI | 588.7 | 590 |
| PAYTM | 1308.2 | 1240 |
| PERSISTENT | 5800.1 | 5600 |
| PETRONET | 278.6 | 285 |
| PFC | 398.45 | 405 |
| PGEL | 583.2 | 570 |
| PHOENIXLTD | 1651.8 | 1660 |
| PIDILITIND | 1532 | 1500 |
| PIIND | 3527.1 | 3600 |
| PNB | 117.67 | 115 |
| PNBHOUSING | 875.6 | 860 |
| POLICYBZR | 1636.4 | 1700 |
| POLYCAB | 7605 | 7500 |
| POWERGRID | 288.6 | 290 |
| PPLPHARMA | 197.28 | 197.5 |
| PRESTIGE | 1713.4 | 1640 |
| RBLBANK | 324.65 | 285 |
| RECLTD | 377.15 | 380 |
| RELIANCE | 1465.2 | 1400 |
| RVNL | 332 | 340 |
| SAIL | 129.95 | 132 |
| SAMMAANCAP | 175.12 | 160 |
| SBICARD | 936.7 | 910 |
| SBILIFE | 1841 | 1800 |
| SBIN | 907.85 | 880 |
| SHREECEM | 28950 | 30000 |
| SHRIRAMFIN | 695.25 | 660 |
| SIEMENS | 3102.9 | 3150 |
| SILVER | 150000 | 154000 |
| SILVERM | 152650 | 158000 |
| SOLARINDS | 14107 | 14000 |
| SONACOMS | 461.95 | 460 |
| SRF | 3148 | 3100 |
| SUNPHARMA | 1690.5 | 1660 |
| SUPREMEIND | 4190.4 | 4250 |
| SUZLON | 54.18 | 55 |
| SYNGENE | 641.85 | 630 |
| TATACONSUM | 1174.6 | 1140 |
| TATAELXSI | 5354.5 | 5400 |
| TATAMOTORS | 401.85 | 390 |
| TATAPOWER | 398.8 | 400 |
| TATASTEEL | 172.78 | 172.5 |
| TATATECH | 685 | 700 |
| TCS | 3006.7 | 3000 |
| TECHM | 1448.7 | 1440 |
| TIINDIA | 3129.9 | 3150 |
| TITAGARH | 881.35 | 900 |
| TITAN | 3729 | 3550 |
| TORNTPHARM | 3590.9 | 3550 |
| TORNTPOWER | 1319.2 | 1300 |
| TRENT | 4791.1 | 4800 |
| TVSMOTOR | 3658.3 | 3550 |
| ULTRACEMCO | 12342 | 12300 |
| UNIONBANK | 141.66 | 140 |
| UNITDSPR | 1359.7 | 1350 |
| UNOMINDA | 1226 | 1240 |
| UPL | 680.95 | 680 |
| VBL | 459.45 | 455 |
| VEDL | 475.65 | 475 |
| VOLTAS | 1455.8 | 1400 |
| WIPRO | 241.36 | 242.5 |
| YESBANK | 22.75 | 23 |
| ZYDUSLIFE | 999.5 | 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.
