IRCTC
Indian Rail Tour Corp LtdMax pain for IRCTC
18 Oct 2025 04:57 PM IST
Max Pain for IRCTC is 720
Strike 600 has a total call value of 0 versus a total put value of 49,904,312,500 Combined total value = 49,904,312,500
Strike 605 has a total call value of 0 versus a total put value of 47,729,062,500 Combined total value = 47,729,062,500
Strike 610 has a total call value of 0 versus a total put value of 45,553,812,500 Combined total value = 45,553,812,500
Strike 615 has a total call value of 0 versus a total put value of 43,378,562,500 Combined total value = 43,378,562,500
Strike 620 has a total call value of 0 versus a total put value of 41,203,312,500 Combined total value = 41,203,312,500
Strike 625 has a total call value of 0 versus a total put value of 39,028,062,500 Combined total value = 39,028,062,500
Strike 630 has a total call value of 0 versus a total put value of 36,852,812,500 Combined total value = 36,852,812,500
Strike 635 has a total call value of 0 versus a total put value of 34,677,562,500 Combined total value = 34,677,562,500
Strike 640 has a total call value of 0 versus a total put value of 32,502,312,500 Combined total value = 32,502,312,500
Strike 645 has a total call value of 875,000 versus a total put value of 30,394,437,500 Combined total value = 30,395,312,500
Strike 650 has a total call value of 1,750,000 versus a total put value of 28,286,562,500 Combined total value = 28,288,312,500
Strike 655 has a total call value of 2,625,000 versus a total put value of 26,228,125,000 Combined total value = 26,230,750,000
Strike 660 has a total call value of 3,500,000 versus a total put value of 24,169,687,500 Combined total value = 24,173,187,500
Strike 665 has a total call value of 9,625,000 versus a total put value of 22,239,437,500 Combined total value = 22,249,062,500
Strike 670 has a total call value of 15,750,000 versus a total put value of 20,318,812,500 Combined total value = 20,334,562,500
Strike 675 has a total call value of 21,875,000 versus a total put value of 18,483,937,500 Combined total value = 18,505,812,500
Strike 680 has a total call value of 28,000,000 versus a total put value of 16,671,812,500 Combined total value = 16,699,812,500
Strike 685 has a total call value of 56,437,500 versus a total put value of 14,968,187,500 Combined total value = 15,024,625,000
Strike 690 has a total call value of 90,562,500 versus a total put value of 13,291,687,500 Combined total value = 13,382,250,000
Strike 695 has a total call value of 133,000,000 versus a total put value of 11,690,000,000 Combined total value = 11,823,000,000
Strike 700 has a total call value of 179,375,000 versus a total put value of 10,125,062,500 Combined total value = 10,304,437,500
Strike 705 has a total call value of 388,937,500 versus a total put value of 8,941,625,000 Combined total value = 9,330,562,500
Strike 710 has a total call value of 647,062,500 versus a total put value of 7,821,187,500 Combined total value = 8,468,250,000
Strike 715 has a total call value of 1,243,812,500 versus a total put value of 6,924,312,500 Combined total value = 8,168,125,000
Strike 720 has a total call value of 1,986,687,500 versus a total put value of 6,103,562,500 Combined total value = 8,090,250,000
Strike 725 has a total call value of 3,196,375,000 versus a total put value of 5,516,437,500 Combined total value = 8,712,812,500
Strike 730 has a total call value of 4,527,250,000 versus a total put value of 4,963,875,000 Combined total value = 9,491,125,000
Strike 735 has a total call value of 6,169,625,000 versus a total put value of 4,507,125,000 Combined total value = 10,676,750,000
Strike 740 has a total call value of 7,862,750,000 versus a total put value of 4,058,250,000 Combined total value = 11,921,000,000
Strike 745 has a total call value of 9,843,750,000 versus a total put value of 3,696,875,000 Combined total value = 13,540,625,000
Strike 750 has a total call value of 11,922,312,500 versus a total put value of 3,339,437,500 Combined total value = 15,261,750,000
Strike 755 has a total call value of 14,965,125,000 versus a total put value of 3,050,687,500 Combined total value = 18,015,812,500
Strike 760 has a total call value of 18,096,750,000 versus a total put value of 2,765,437,500 Combined total value = 20,862,187,500
Strike 765 has a total call value of 21,474,250,000 versus a total put value of 2,523,062,500 Combined total value = 23,997,312,500
Strike 770 has a total call value of 24,874,062,500 versus a total put value of 2,281,125,000 Combined total value = 27,155,187,500
Strike 775 has a total call value of 28,415,625,000 versus a total put value of 2,039,187,500 Combined total value = 30,454,812,500
Strike 780 has a total call value of 31,964,187,500 versus a total put value of 1,797,250,000 Combined total value = 33,761,437,500
Strike 785 has a total call value of 35,623,000,000 versus a total put value of 1,575,000,000 Combined total value = 37,198,000,000
Strike 790 has a total call value of 39,281,812,500 versus a total put value of 1,352,750,000 Combined total value = 40,634,562,500
Strike 795 has a total call value of 43,023,750,000 versus a total put value of 1,130,500,000 Combined total value = 44,154,250,000
Strike 800 has a total call value of 46,765,687,500 versus a total put value of 908,250,000 Combined total value = 47,673,937,500
Strike 805 has a total call value of 51,272,812,500 versus a total put value of 807,187,500 Combined total value = 52,080,000,000
Strike 810 has a total call value of 55,779,937,500 versus a total put value of 706,125,000 Combined total value = 56,486,062,500
Strike 815 has a total call value of 60,287,062,500 versus a total put value of 605,062,500 Combined total value = 60,892,125,000
Strike 820 has a total call value of 64,794,187,500 versus a total put value of 504,000,000 Combined total value = 65,298,187,500
Strike 825 has a total call value of 69,329,750,000 versus a total put value of 402,937,500 Combined total value = 69,732,687,500
Strike 830 has a total call value of 73,865,312,500 versus a total put value of 301,875,000 Combined total value = 74,167,187,500
Strike 835 has a total call value of 78,400,875,000 versus a total put value of 200,812,500 Combined total value = 78,601,687,500
Strike 840 has a total call value of 82,936,437,500 versus a total put value of 99,750,000 Combined total value = 83,036,187,500
Strike 845 has a total call value of 87,472,000,000 versus a total put value of 74,812,500 Combined total value = 87,546,812,500
Strike 850 has a total call value of 92,007,562,500 versus a total put value of 49,875,000 Combined total value = 92,057,437,500
Strike 855 has a total call value of 96,543,125,000 versus a total put value of 24,937,500 Combined total value = 96,568,062,500
Strike 860 has a total call value of 101,078,687,500 versus a total put value of 0 Combined total value = 101,078,687,500
Max-Pain Table
| Max Pain Table | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1140 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 295 |
| ADANIENSOL | 879.2 | 930 |
| ADANIENT | 2543.7 | 2550 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1440 |
| ALKEM | 5433 | 5550 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 570 |
| ANGELONE | 2136.4 | 2400 |
| APLAPOLLO | 1660.1 | 1720 |
| APOLLOHOSP | 7510 | 7800 |
| ASHOKLEY | 141.93 | 137.5 |
| ASIANPAINT | 2342.8 | 2440 |
| ASTRAL | 1373.8 | 1420 |
| AUBANK | 743.2 | 780 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1170 |
| BAJAJ-AUTO | 8702 | 9000 |
| BAJAJFINSV | 2003.2 | 2060 |
| BAJFINANCE | 985.1 | 1040 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 125 |
| BDL | 1497.8 | 1550 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1220 |
| BHARTIARTL | 1916.6 | 1960 |
| BHEL | 231.01 | 240 |
| BIOCON | 338.9 | 355 |
| BLUESTARCO | 1890.1 | 1940 |
| BOSCHLTD | 38150 | 38500 |
| BPCL | 324.35 | 335 |
| BRITANNIA | 5920.5 | 6000 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3850 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1640 |
| CIPLA | 1499.4 | 1550 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1700 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 295 |
| CUMMINSIND | 3947.6 | 4000 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 500 |
| DALBHARAT | 2215.4 | 2260 |
| DELHIVERY | 445.7 | 460 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 17000 |
| DLF | 716.05 | 750 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1260 |
| EICHERMOT | 7047 | 7000 |
| ETERNAL | 321 | 340 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 210 |
| FORTIS | 932.75 | 1060 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1900 |
| GMRAIRPORT | 87.28 | 90 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2140 |
| GRASIM | 2746.8 | 2800 |
| HAL | 4736.1 | 4850 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1480 |
| HDFCAMC | 5621 | 5700 |
| HDFCBANK | 945.05 | 985 |
| HDFCLIFE | 764.4 | 750 |
| HEROMOTOCO | 5328 | 5550 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 770 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2540 |
| HINDZINC | 449.1 | 500 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1400 |
| ICICIGI | 1894 | 1980 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 72 |
| IEX | 137.76 | 140 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 490 |
| INDHOTEL | 709.8 | 740 |
| INDIANB | 706.35 | 760 |
| INDIGO | 5561 | 5800 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 350 |
| INFY | 1448.9 | 1460 |
| INOXWIND | 137.46 | 145 |
| IOC | 145.04 | 152.5 |
| IRCTC | 703.1 | 720 |
| IREDA | 146.28 | 152.5 |
| IRFC | 121.91 | 125 |
| ITC | 405.1 | 410 |
| JINDALSTEL | 1029.5 | 1020 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 540 |
| JSWSTEEL | 1130.8 | 1160 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 480 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4200 |
| KFINTECH | 1070.8 | 1100 |
| KOTAKBANK | 1994.8 | 2120 |
| KPITTECH | 1212.8 | 1160 |
| LAURUSLABS | 832.3 | 880 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1160 |
| LT | 3729.5 | 3800 |
| LTF | 236.29 | 260 |
| LTIM | 5075 | 5600 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3550 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2500 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1160 |
| MAZDOCK | 2827.6 | 2850 |
| MCX | 7920.5 | 9000 |
| MFSL | 1545.6 | 1580 |
| MOTHERSON | 105.66 | 105 |
| MPHASIS | 2642.4 | 2750 |
| MUTHOOTFIN | 3020.3 | 3200 |
| NATIONALUM | 200.58 | 225 |
| NAUKRI | 1316.2 | 1360 |
| NBCC | 105.18 | 111 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1250 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 76 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1680 |
| OFSS | 8515 | 8800 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 245 |
| PAGEIND | 41240 | 41000 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1240 |
| PERSISTENT | 4951 | 5600 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 405 |
| PGEL | 514.65 | 570 |
| PHOENIXLTD | 1540.4 | 1660 |
| PIDILITIND | 1474.8 | 1500 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 115 |
| PNBHOUSING | 864.1 | 860 |
| POLICYBZR | 1677.1 | 1700 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 290 |
| PPLPHARMA | 187.73 | 197.5 |
| PRESTIGE | 1507.4 | 1640 |
| RBLBANK | 272.35 | 285 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1400 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132 |
| SAMMAANCAP | 137.82 | 160 |
| SBICARD | 873.85 | 910 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 880 |
| SHREECEM | 28910 | 30000 |
| SHRIRAMFIN | 606.05 | 660 |
| SIEMENS | 3096.3 | 3150 |
| SILVER | 0 | 154000 |
| SILVERM | 142014 | 158000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 460 |
| SRF | 2806.9 | 3100 |
| SUNPHARMA | 1586.7 | 1660 |
| SUPREMEIND | 4234.2 | 4250 |
| SUZLON | 55.28 | 55 |
| SYNGENE | 609.45 | 630 |
| TATACONSUM | 1119 | 1140 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 390 |
| TATAPOWER | 383.8 | 400 |
| TATASTEEL | 167.4 | 172.5 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3000 |
| TECHM | 1407.7 | 1440 |
| TIINDIA | 3129.1 | 3150 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3550 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1300 |
| TRENT | 4679 | 4800 |
| TVSMOTOR | 3414.4 | 3550 |
| ULTRACEMCO | 12070 | 12300 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1350 |
| UNOMINDA | 1268.9 | 1240 |
| UPL | 648 | 680 |
| VBL | 444.75 | 455 |
| VEDL | 447.95 | 475 |
| VOLTAS | 1340.2 | 1400 |
| WIPRO | 235.75 | 242.5 |
| 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.




























































































































































































































