LT
Larsen & Toubro Ltd.Max pain for LT
02 Nov 2025 04:11 PM IST
Max Pain for LT is 4000
Strike 3200 has a total call value of 0 versus a total put value of 219,097,200,000 Combined total value = 219,097,200,000
Strike 3220 has a total call value of 0 versus a total put value of 212,341,850,000 Combined total value = 212,341,850,000
Strike 3240 has a total call value of 0 versus a total put value of 205,586,500,000 Combined total value = 205,586,500,000
Strike 3260 has a total call value of 0 versus a total put value of 198,831,150,000 Combined total value = 198,831,150,000
Strike 3280 has a total call value of 0 versus a total put value of 192,075,800,000 Combined total value = 192,075,800,000
Strike 3300 has a total call value of 0 versus a total put value of 185,320,450,000 Combined total value = 185,320,450,000
Strike 3320 has a total call value of 0 versus a total put value of 178,565,100,000 Combined total value = 178,565,100,000
Strike 3340 has a total call value of 0 versus a total put value of 171,809,750,000 Combined total value = 171,809,750,000
Strike 3360 has a total call value of 0 versus a total put value of 165,054,400,000 Combined total value = 165,054,400,000
Strike 3380 has a total call value of 0 versus a total put value of 158,299,050,000 Combined total value = 158,299,050,000
Strike 3400 has a total call value of 0 versus a total put value of 151,543,700,000 Combined total value = 151,543,700,000
Strike 3420 has a total call value of 16,100,000 versus a total put value of 144,890,900,000 Combined total value = 144,907,000,000
Strike 3440 has a total call value of 32,200,000 versus a total put value of 138,238,100,000 Combined total value = 138,270,300,000
Strike 3460 has a total call value of 48,300,000 versus a total put value of 131,585,300,000 Combined total value = 131,633,600,000
Strike 3480 has a total call value of 64,400,000 versus a total put value of 124,932,500,000 Combined total value = 124,996,900,000
Strike 3500 has a total call value of 80,500,000 versus a total put value of 118,279,700,000 Combined total value = 118,360,200,000
Strike 3520 has a total call value of 96,600,000 versus a total put value of 111,865,600,000 Combined total value = 111,962,200,000
Strike 3540 has a total call value of 112,700,000 versus a total put value of 105,464,100,000 Combined total value = 105,576,800,000
Strike 3560 has a total call value of 128,800,000 versus a total put value of 99,100,050,000 Combined total value = 99,228,850,000
Strike 3580 has a total call value of 144,900,000 versus a total put value of 92,753,850,000 Combined total value = 92,898,750,000
Strike 3600 has a total call value of 161,000,000 versus a total put value of 86,427,250,000 Combined total value = 86,588,250,000
Strike 3620 has a total call value of 177,100,000 versus a total put value of 80,494,400,000 Combined total value = 80,671,500,000
Strike 3640 has a total call value of 193,200,000 versus a total put value of 74,574,150,000 Combined total value = 74,767,350,000
Strike 3660 has a total call value of 209,300,000 versus a total put value of 68,746,650,000 Combined total value = 68,955,950,000
Strike 3680 has a total call value of 225,400,000 versus a total put value of 63,054,950,000 Combined total value = 63,280,350,000
Strike 3700 has a total call value of 241,500,000 versus a total put value of 57,511,650,000 Combined total value = 57,753,150,000
Strike 3720 has a total call value of 394,100,000 versus a total put value of 52,544,100,000 Combined total value = 52,938,200,000
Strike 3740 has a total call value of 546,700,000 versus a total put value of 47,765,550,000 Combined total value = 48,312,250,000
Strike 3760 has a total call value of 699,300,000 versus a total put value of 43,045,450,000 Combined total value = 43,744,750,000
Strike 3780 has a total call value of 851,900,000 versus a total put value of 38,390,100,000 Combined total value = 39,242,000,000
Strike 3800 has a total call value of 1,004,500,000 versus a total put value of 33,806,150,000 Combined total value = 34,810,650,000
Strike 3820 has a total call value of 1,500,450,000 versus a total put value of 29,989,750,000 Combined total value = 31,490,200,000
Strike 3840 has a total call value of 2,004,800,000 versus a total put value of 26,231,100,000 Combined total value = 28,235,900,000
Strike 3860 has a total call value of 2,528,750,000 versus a total put value of 22,549,100,000 Combined total value = 25,077,850,000
Strike 3880 has a total call value of 3,093,300,000 versus a total put value of 18,966,500,000 Combined total value = 22,059,800,000
Strike 3900 has a total call value of 3,721,550,000 versus a total put value of 15,454,600,000 Combined total value = 19,176,150,000
Strike 3920 has a total call value of 4,733,400,000 versus a total put value of 12,672,800,000 Combined total value = 17,406,200,000
Strike 3940 has a total call value of 5,789,700,000 versus a total put value of 10,169,600,000 Combined total value = 15,959,300,000
Strike 3960 has a total call value of 6,961,500,000 versus a total put value of 7,887,950,000 Combined total value = 14,849,450,000
Strike 3980 has a total call value of 8,274,000,000 versus a total put value of 5,807,550,000 Combined total value = 14,081,550,000
Strike 4000 has a total call value of 9,741,550,000 versus a total put value of 3,935,050,000 Combined total value = 13,676,600,000
Strike 4020 has a total call value of 12,530,000,000 versus a total put value of 2,972,550,000 Combined total value = 15,502,550,000
Strike 4040 has a total call value of 15,642,200,000 versus a total put value of 2,191,350,000 Combined total value = 17,833,550,000
Strike 4060 has a total call value of 19,143,250,000 versus a total put value of 1,607,900,000 Combined total value = 20,751,150,000
Strike 4080 has a total call value of 23,009,000,000 versus a total put value of 1,163,750,000 Combined total value = 24,172,750,000
Strike 4100 has a total call value of 27,133,750,000 versus a total put value of 789,250,000 Combined total value = 27,923,000,000
Strike 4120 has a total call value of 32,660,950,000 versus a total put value of 645,750,000 Combined total value = 33,306,700,000
Strike 4140 has a total call value of 38,302,600,000 versus a total put value of 510,650,000 Combined total value = 38,813,250,000
Strike 4160 has a total call value of 44,318,050,000 versus a total put value of 384,300,000 Combined total value = 44,702,350,000
Strike 4180 has a total call value of 50,455,300,000 versus a total put value of 263,900,000 Combined total value = 50,719,200,000
Strike 4200 has a total call value of 56,712,950,000 versus a total put value of 150,500,000 Combined total value = 56,863,450,000
Strike 4220 has a total call value of 64,018,850,000 versus a total put value of 135,450,000 Combined total value = 64,154,300,000
Strike 4240 has a total call value of 71,387,750,000 versus a total put value of 120,400,000 Combined total value = 71,508,150,000
Strike 4260 has a total call value of 78,939,700,000 versus a total put value of 105,350,000 Combined total value = 79,045,050,000
Strike 4280 has a total call value of 86,491,650,000 versus a total put value of 90,300,000 Combined total value = 86,581,950,000
Strike 4300 has a total call value of 94,655,050,000 versus a total put value of 75,250,000 Combined total value = 94,730,300,000
Strike 4320 has a total call value of 102,818,450,000 versus a total put value of 60,200,000 Combined total value = 102,878,650,000
Strike 4340 has a total call value of 111,204,100,000 versus a total put value of 45,150,000 Combined total value = 111,249,250,000
Strike 4360 has a total call value of 119,589,750,000 versus a total put value of 30,100,000 Combined total value = 119,619,850,000
Strike 4380 has a total call value of 128,091,950,000 versus a total put value of 15,050,000 Combined total value = 128,107,000,000
Strike 4400 has a total call value of 136,594,150,000 versus a total put value of 0 Combined total value = 136,594,150,000
Strike 4420 has a total call value of 146,158,950,000 versus a total put value of 0 Combined total value = 146,158,950,000
Strike 4440 has a total call value of 155,723,750,000 versus a total put value of 0 Combined total value = 155,723,750,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1080.7 | 1120 |
| ABB | 5220 | 5250 |
| ABCAPITAL | 324.2 | 320 |
| ADANIENSOL | 986.2 | 960 |
| ADANIENT | 2481 | 2500 |
| ADANIGREEN | 1140 | 1100 |
| ADANIPORTS | 1451.5 | 1440 |
| ALKEM | 5506.5 | 5550 |
| AMBER | 8036.5 | 8200 |
| AMBUJACEM | 565.4 | 580 |
| ANGELONE | 2492.4 | 2500 |
| APLAPOLLO | 1791.5 | 1800 |
| APOLLOHOSP | 7681 | 7800 |
| ASHOKLEY | 141.53 | 140 |
| ASIANPAINT | 2510.8 | 2500 |
| ASTRAL | 1450.1 | 1440 |
| AUBANK | 877.85 | 870 |
| AUROPHARMA | 1138.9 | 1120 |
| AXISBANK | 1232.8 | 1240 |
| BAJAJ-AUTO | 8892.5 | 9100 |
| BAJAJFINSV | 2088.3 | 2100 |
| BAJFINANCE | 1042.8 | 1060 |
| BANDHANBNK | 156.56 | 162.5 |
| BANKBARODA | 278.4 | 275 |
| BANKINDIA | 139.88 | 140 |
| BDL | 1529.9 | 1540 |
| BEL | 426.1 | 415 |
| BHARATFORG | 1324.7 | 1300 |
| BHARTIARTL | 2054.5 | 2060 |
| BHEL | 265.49 | 257.5 |
| BIOCON | 372.1 | 370 |
| BLUESTARCO | 1937.4 | 1980 |
| BOSCHLTD | 37245 | 37500 |
| BPCL | 356.8 | 350 |
| BRITANNIA | 5836.5 | 5900 |
| BSE | 2479 | 2500 |
| CAMS | 3941.3 | 3900 |
| CANBK | 136.99 | 132 |
| CDSL | 1587.2 | 1620 |
| CGPOWER | 736.65 | 740 |
| CHOLAFIN | 1696.8 | 1700 |
| CIPLA | 1501.3 | 1540 |
| COALINDIA | 388.65 | 390 |
| COFORGE | 1778.1 | 1800 |
| COLPAL | 2243 | 2240 |
| CONCOR | 545.25 | 545 |
| CROMPTON | 282.7 | 295 |
| CUMMINSIND | 4344.1 | 4300 |
| CYIENT | 1162.5 | 1200 |
| DABUR | 487.55 | 500 |
| DALBHARAT | 2096.8 | 2100 |
| DELHIVERY | 465.95 | 475 |
| DIVISLAB | 6738 | 6550 |
| DIXON | 15494 | 15750 |
| DLF | 756.25 | 780 |
| DMART | 4153.5 | 4200 |
| DRREDDY | 1197.6 | 1200 |
| EICHERMOT | 7007 | 7000 |
| ETERNAL | 317.75 | 330 |
| EXIDEIND | 381.9 | 390 |
| FEDERALBNK | 236.61 | 230 |
| FORTIS | 1023.05 | 1000 |
| GAIL | 182.76 | 185 |
| GLENMARK | 1891.2 | 1860 |
| GMRAIRPORT | 93.97 | 93 |
| GODREJCP | 1118.6 | 1120 |
| GODREJPROP | 2288 | 2300 |
| GRASIM | 2891.7 | 2940 |
| HAL | 4679.8 | 4800 |
| HAVELLS | 1493.9 | 1500 |
| HCLTECH | 1541.5 | 1540 |
| HDFCAMC | 5379 | 5450 |
| HDFCBANK | 987.3 | 1000 |
| HDFCLIFE | 731.85 | 750 |
| HEROMOTOCO | 5544 | 5600 |
| HFCL | 73.51 | 75 |
| HINDALCO | 847.85 | 840 |
| HINDPETRO | 476 | 460 |
| HINDUNILVR | 2465.5 | 2500 |
| HINDZINC | 476.5 | 485 |
| HUDCO | 237 | 235 |
| ICICIBANK | 1345.3 | 1370 |
| ICICIGI | 1993.7 | 2000 |
| ICICIPRULI | 591.15 | 600 |
| IDEA | 8.73 | 9 |
| IDFCFIRSTB | 81.77 | 80 |
| IEX | 139.06 | 145 |
| IGL | 211.94 | 210 |
| IIFL | 534.6 | 530 |
| INDHOTEL | 741.8 | 750 |
| INDIANB | 858.7 | 850 |
| INDIGO | 5625 | 5800 |
| INDUSINDBK | 794.8 | 800 |
| INDUSTOWER | 363.6 | 370 |
| INFY | 1482.3 | 1500 |
| INOXWIND | 155.13 | 155 |
| IOC | 165.9 | 160 |
| IRCTC | 718.7 | 725 |
| IREDA | 151.93 | 152.5 |
| IRFC | 123.31 | 125 |
| ITC | 420.35 | 420 |
| JINDALSTEL | 1066.8 | 1080 |
| JIOFIN | 306.8 | 310 |
| JSWENERGY | 527.45 | 540 |
| JSWSTEEL | 1206 | 1190 |
| JUBLFOOD | 597.85 | 600 |
| KALYANKJIL | 509.7 | 500 |
| KAYNES | 6704.5 | 6800 |
| KEI | 4032 | 4100 |
| KFINTECH | 1098.1 | 1120 |
| KOTAKBANK | 2102.2 | 2160 |
| KPITTECH | 1166.7 | 1200 |
| LAURUSLABS | 953.65 | 940 |
| LICHSGFIN | 570.95 | 580 |
| LICI | 894.7 | 900 |
| LODHA | 1197.9 | 1200 |
| LT | 4030.9 | 4000 |
| LTF | 270.49 | 270 |
| LTIM | 5684.5 | 5650 |
| LUPIN | 1963.5 | 1960 |
| M&M | 3487.2 | 3550 |
| MANAPPURAM | 269.5 | 275 |
| MANKIND | 2384 | 2450 |
| MARICO | 719.95 | 720 |
| MARUTI | 16186 | 16300 |
| MAXHEALTH | 1147.8 | 1200 |
| MAZDOCK | 2729 | 2800 |
| MCX | 9243.5 | 9000 |
| MFSL | 1546.5 | 1540 |
| MOTHERSON | 105.39 | 108 |
| MPHASIS | 2764.4 | 2800 |
| MUTHOOTFIN | 3178.7 | 3200 |
| NATIONALUM | 234.14 | 237.5 |
| NAUKRI | 1378.3 | 1400 |
| NBCC | 117.41 | 115 |
| NCC | 212.37 | 212.5 |
| NESTLEIND | 1271.6 | 1280 |
| NHPC | 84.84 | 86 |
| NMDC | 75.79 | 77 |
| NTPC | 336.95 | 340 |
| NUVAMA | 7092 | 7200 |
| NYKAA | 247.94 | 252.5 |
| OBEROIRLTY | 1778.3 | 1740 |
| OFSS | 8515 | 8600 |
| OIL | 433.35 | 420 |
| ONGC | 255.37 | 255 |
| PAGEIND | 41200 | 41000 |
| PATANJALI | 602.4 | 600 |
| PAYTM | 1303.2 | 1300 |
| PERSISTENT | 5916.6 | 5900 |
| PETRONET | 281.25 | 290 |
| PFC | 403.25 | 400 |
| PGEL | 570.95 | 570 |
| PHOENIXLTD | 1682.6 | 1700 |
| PIDILITIND | 1444.6 | 1480 |
| PIIND | 3577.4 | 3600 |
| PNB | 122.89 | 120 |
| PNBHOUSING | 928.7 | 920 |
| POLICYBZR | 1785.4 | 1800 |
| POLYCAB | 7704 | 7700 |
| POWERGRID | 288.15 | 290 |
| POWERINDIA | 17778 | 17000 |
| PPLPHARMA | 199.63 | 202.5 |
| PRESTIGE | 1744.7 | 1700 |
| RBLBANK | 326.35 | 320 |
| RECLTD | 374.85 | 380 |
| RELIANCE | 1486.4 | 1500 |
| RVNL | 328.8 | 330 |
| SAIL | 136.85 | 135 |
| SAMMAANCAP | 188.59 | 187.5 |
| SBICARD | 878.65 | 900 |
| SBILIFE | 1955.7 | 1920 |
| SBIN | 937 | 930 |
| SHREECEM | 28310 | 28750 |
| SHRIRAMFIN | 748.9 | 740 |
| SIEMENS | 3096.3 | 3150 |
| SOLARINDS | 13878 | 14000 |
| SONACOMS | 472.75 | 480 |
| SRF | 2930.5 | 3000 |
| SUNPHARMA | 1690.7 | 1700 |
| SUPREMEIND | 3812.5 | 3900 |
| SUZLON | 59.3 | 56 |
| SYNGENE | 650.1 | 660 |
| TATACONSUM | 1165 | 1180 |
| TATAELXSI | 5454.5 | 5500 |
| TATAMOTORS | 0 | 320 |
| TATAPOWER | 404.9 | 410 |
| TATASTEEL | 182.84 | 182.5 |
| TATATECH | 692.25 | 700 |
| TCS | 3058 | 3080 |
| TECHM | 1424.4 | 1460 |
| TIINDIA | 3023 | 3100 |
| TITAGARH | 884.55 | 900 |
| TITAN | 3746.7 | 3700 |
| TMPV | 410 | 410 |
| TORNTPHARM | 3560.1 | 3600 |
| TORNTPOWER | 1316.5 | 1300 |
| TRENT | 4694.3 | 4800 |
| TVSMOTOR | 3508.7 | 3550 |
| ULTRACEMCO | 11947 | 12000 |
| UNIONBANK | 148.67 | 147.5 |
| UNITDSPR | 1431.4 | 1410 |
| UNOMINDA | 1235.2 | 1240 |
| UPL | 720.1 | 700 |
| VBL | 469.65 | 480 |
| VEDL | 493.55 | 500 |
| VOLTAS | 1383.6 | 1400 |
| WIPRO | 240.67 | 242.5 |
| YESBANK | 22.74 | 23 |
| ZYDUSLIFE | 974.45 | 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.
































































































































































































































