LT
Larsen & Toubro Ltd.Max pain for LT
18 Oct 2025 04:57 PM IST
Max Pain for LT is 3800
Strike 3200 has a total call value of 0 versus a total put value of 215,782,175,000 Combined total value = 215,782,175,000
Strike 3220 has a total call value of 0 versus a total put value of 207,636,275,000 Combined total value = 207,636,275,000
Strike 3240 has a total call value of 0 versus a total put value of 199,490,375,000 Combined total value = 199,490,375,000
Strike 3250 has a total call value of 0 versus a total put value of 195,417,425,000 Combined total value = 195,417,425,000
Strike 3260 has a total call value of 0 versus a total put value of 191,344,475,000 Combined total value = 191,344,475,000
Strike 3280 has a total call value of 0 versus a total put value of 183,198,575,000 Combined total value = 183,198,575,000
Strike 3300 has a total call value of 0 versus a total put value of 175,052,675,000 Combined total value = 175,052,675,000
Strike 3320 has a total call value of 0 versus a total put value of 167,086,675,000 Combined total value = 167,086,675,000
Strike 3340 has a total call value of 0 versus a total put value of 159,120,675,000 Combined total value = 159,120,675,000
Strike 3350 has a total call value of 0 versus a total put value of 155,137,675,000 Combined total value = 155,137,675,000
Strike 3360 has a total call value of 0 versus a total put value of 151,176,725,000 Combined total value = 151,176,725,000
Strike 3380 has a total call value of 0 versus a total put value of 143,254,825,000 Combined total value = 143,254,825,000
Strike 3400 has a total call value of 0 versus a total put value of 135,332,925,000 Combined total value = 135,332,925,000
Strike 3420 has a total call value of 0 versus a total put value of 127,639,575,000 Combined total value = 127,639,575,000
Strike 3440 has a total call value of 0 versus a total put value of 119,946,225,000 Combined total value = 119,946,225,000
Strike 3450 has a total call value of 0 versus a total put value of 116,099,550,000 Combined total value = 116,099,550,000
Strike 3460 has a total call value of 0 versus a total put value of 112,353,325,000 Combined total value = 112,353,325,000
Strike 3480 has a total call value of 0 versus a total put value of 104,860,875,000 Combined total value = 104,860,875,000
Strike 3500 has a total call value of 0 versus a total put value of 97,368,425,000 Combined total value = 97,368,425,000
Strike 3520 has a total call value of 0 versus a total put value of 90,244,175,000 Combined total value = 90,244,175,000
Strike 3540 has a total call value of 0 versus a total put value of 83,119,925,000 Combined total value = 83,119,925,000
Strike 3550 has a total call value of 0 versus a total put value of 79,585,975,000 Combined total value = 79,585,975,000
Strike 3560 has a total call value of 0 versus a total put value of 76,110,650,000 Combined total value = 76,110,650,000
Strike 3580 has a total call value of 0 versus a total put value of 69,160,000,000 Combined total value = 69,160,000,000
Strike 3600 has a total call value of 0 versus a total put value of 62,214,600,000 Combined total value = 62,214,600,000
Strike 3620 has a total call value of 302,750,000 versus a total put value of 56,001,400,000 Combined total value = 56,304,150,000
Strike 3640 has a total call value of 605,500,000 versus a total put value of 49,805,350,000 Combined total value = 50,410,850,000
Strike 3650 has a total call value of 756,875,000 versus a total put value of 46,732,350,000 Combined total value = 47,489,225,000
Strike 3660 has a total call value of 967,575,000 versus a total put value of 43,806,350,000 Combined total value = 44,773,925,000
Strike 3680 has a total call value of 1,420,825,000 versus a total put value of 38,049,900,000 Combined total value = 39,470,725,000
Strike 3700 has a total call value of 1,874,075,000 versus a total put value of 32,386,900,000 Combined total value = 34,260,975,000
Strike 3720 has a total call value of 2,881,025,000 versus a total put value of 27,297,550,000 Combined total value = 30,178,575,000
Strike 3740 has a total call value of 3,935,575,000 versus a total put value of 22,272,600,000 Combined total value = 26,208,175,000
Strike 3750 has a total call value of 4,511,500,000 versus a total put value of 19,815,250,000 Combined total value = 24,326,750,000
Strike 3760 has a total call value of 5,290,600,000 versus a total put value of 17,526,425,000 Combined total value = 22,817,025,000
Strike 3780 has a total call value of 6,954,500,000 versus a total put value of 13,211,625,000 Combined total value = 20,166,125,000
Strike 3800 has a total call value of 8,973,300,000 versus a total put value of 9,192,925,000 Combined total value = 18,166,225,000
Strike 3820 has a total call value of 13,827,100,000 versus a total put value of 6,637,925,000 Combined total value = 20,465,025,000
Strike 3840 has a total call value of 19,430,950,000 versus a total put value of 4,469,675,000 Combined total value = 23,900,625,000
Strike 3850 has a total call value of 22,535,100,000 versus a total put value of 3,585,575,000 Combined total value = 26,120,675,000
Strike 3860 has a total call value of 26,780,950,000 versus a total put value of 3,098,375,000 Combined total value = 29,879,325,000
Strike 3880 has a total call value of 35,712,600,000 versus a total put value of 2,321,725,000 Combined total value = 38,034,325,000
Strike 3900 has a total call value of 44,942,800,000 versus a total put value of 1,707,125,000 Combined total value = 46,649,925,000
Strike 3920 has a total call value of 55,266,050,000 versus a total put value of 1,429,575,000 Combined total value = 56,695,625,000
Strike 3940 has a total call value of 65,772,700,000 versus a total put value of 1,175,825,000 Combined total value = 66,948,525,000
Strike 3950 has a total call value of 71,075,375,000 versus a total put value of 1,056,650,000 Combined total value = 72,132,025,000
Strike 3960 has a total call value of 76,494,600,000 versus a total put value of 948,500,000 Combined total value = 77,443,100,000
Strike 3980 has a total call value of 87,435,250,000 versus a total put value of 732,200,000 Combined total value = 88,167,450,000
Strike 4000 has a total call value of 98,429,100,000 versus a total put value of 525,000,000 Combined total value = 98,954,100,000
Strike 4020 has a total call value of 110,722,850,000 versus a total put value of 425,950,000 Combined total value = 111,148,800,000
Strike 4040 has a total call value of 123,037,600,000 versus a total put value of 326,900,000 Combined total value = 123,364,500,000
Strike 4050 has a total call value of 129,221,225,000 versus a total put value of 277,375,000 Combined total value = 129,498,600,000
Strike 4060 has a total call value of 135,520,875,000 versus a total put value of 227,850,000 Combined total value = 135,748,725,000
Strike 4080 has a total call value of 148,120,175,000 versus a total put value of 128,800,000 Combined total value = 148,248,975,000
Strike 4100 has a total call value of 160,967,625,000 versus a total put value of 29,750,000 Combined total value = 160,997,375,000
Strike 4120 has a total call value of 174,548,325,000 versus a total put value of 23,800,000 Combined total value = 174,572,125,000
Strike 4140 has a total call value of 188,233,675,000 versus a total put value of 17,850,000 Combined total value = 188,251,525,000
Strike 4150 has a total call value of 195,076,350,000 versus a total put value of 14,875,000 Combined total value = 195,091,225,000
Strike 4160 has a total call value of 201,919,025,000 versus a total put value of 11,900,000 Combined total value = 201,930,925,000
Strike 4180 has a total call value of 215,619,075,000 versus a total put value of 5,950,000 Combined total value = 215,625,025,000
Strike 4200 has a total call value of 229,319,125,000 versus a total put value of 0 Combined total value = 229,319,125,000
Strike 4220 has a total call value of 243,432,175,000 versus a total put value of 0 Combined total value = 243,432,175,000
Strike 4240 has a total call value of 257,545,225,000 versus a total put value of 0 Combined total value = 257,545,225,000
Strike 4250 has a total call value of 264,608,400,000 versus a total put value of 0 Combined total value = 264,608,400,000
Strike 4260 has a total call value of 271,671,575,000 versus a total put value of 0 Combined total value = 271,671,575,000
Strike 4280 has a total call value of 285,797,925,000 versus a total put value of 0 Combined total value = 285,797,925,000
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.




























































































































































































































