LTF
L&T Finance LimitedMax pain for LTF
02 Nov 2025 01:33 PM IST
Max Pain for LTF is 270
Strike 205 has a total call value of 0 versus a total put value of 85,453,993,000 Combined total value = 85,453,993,000
Strike 207.5 has a total call value of 0 versus a total put value of 81,234,056,500 Combined total value = 81,234,056,500
Strike 210 has a total call value of 0 versus a total put value of 77,014,120,000 Combined total value = 77,014,120,000
Strike 212.5 has a total call value of 0 versus a total put value of 72,794,183,500 Combined total value = 72,794,183,500
Strike 215 has a total call value of 0 versus a total put value of 68,574,247,000 Combined total value = 68,574,247,000
Strike 217.5 has a total call value of 0 versus a total put value of 64,354,310,500 Combined total value = 64,354,310,500
Strike 220 has a total call value of 0 versus a total put value of 60,134,374,000 Combined total value = 60,134,374,000
Strike 222.5 has a total call value of 0 versus a total put value of 56,061,683,500 Combined total value = 56,061,683,500
Strike 225 has a total call value of 0 versus a total put value of 51,988,993,000 Combined total value = 51,988,993,000
Strike 227.5 has a total call value of 0 versus a total put value of 47,916,302,500 Combined total value = 47,916,302,500
Strike 230 has a total call value of 0 versus a total put value of 43,843,612,000 Combined total value = 43,843,612,000
Strike 232.5 has a total call value of 0 versus a total put value of 39,870,201,000 Combined total value = 39,870,201,000
Strike 235 has a total call value of 0 versus a total put value of 35,896,790,000 Combined total value = 35,896,790,000
Strike 237.5 has a total call value of 0 versus a total put value of 32,008,157,000 Combined total value = 32,008,157,000
Strike 240 has a total call value of 0 versus a total put value of 28,119,524,000 Combined total value = 28,119,524,000
Strike 242.5 has a total call value of 0 versus a total put value of 24,810,951,000 Combined total value = 24,810,951,000
Strike 245 has a total call value of 0 versus a total put value of 21,524,688,000 Combined total value = 21,524,688,000
Strike 247.5 has a total call value of 0 versus a total put value of 18,457,063,000 Combined total value = 18,457,063,000
Strike 250 has a total call value of 0 versus a total put value of 15,436,289,000 Combined total value = 15,436,289,000
Strike 252.5 has a total call value of 73,623,000 versus a total put value of 12,945,377,500 Combined total value = 13,019,000,500
Strike 255 has a total call value of 151,708,000 versus a total put value of 10,506,894,500 Combined total value = 10,658,602,500
Strike 257.5 has a total call value of 248,756,500 versus a total put value of 8,360,672,500 Combined total value = 8,609,429,000
Strike 260 has a total call value of 349,151,500 versus a total put value of 6,283,611,500 Combined total value = 6,632,763,000
Strike 262.5 has a total call value of 636,950,500 versus a total put value of 4,815,613,500 Combined total value = 5,452,564,000
Strike 265 has a total call value of 933,673,500 versus a total put value of 3,435,740,000 Combined total value = 4,369,413,500
Strike 267.5 has a total call value of 1,389,913,000 versus a total put value of 2,262,234,000 Combined total value = 3,652,147,000
Strike 270 has a total call value of 1,913,082,500 versus a total put value of 1,213,664,000 Combined total value = 3,126,746,500
Strike 272.5 has a total call value of 3,234,950,000 versus a total put value of 856,704,000 Combined total value = 4,091,654,000
Strike 275 has a total call value of 4,874,735,000 versus a total put value of 558,865,500 Combined total value = 5,433,600,500
Strike 277.5 has a total call value of 7,110,197,000 versus a total put value of 414,966,000 Combined total value = 7,525,163,000
Strike 280 has a total call value of 9,458,324,500 versus a total put value of 277,759,500 Combined total value = 9,736,084,000
Strike 282.5 has a total call value of 12,291,694,500 versus a total put value of 189,635,000 Combined total value = 12,481,329,500
Strike 285 has a total call value of 15,196,456,500 versus a total put value of 111,550,000 Combined total value = 15,308,006,500
Strike 287.5 has a total call value of 18,317,625,500 versus a total put value of 46,851,000 Combined total value = 18,364,476,500
Strike 290 has a total call value of 21,490,107,500 versus a total put value of 15,617,000 Combined total value = 21,505,724,500
Strike 292.5 has a total call value of 25,113,251,500 versus a total put value of 4,462,000 Combined total value = 25,117,713,500
Strike 295 has a total call value of 28,752,012,500 versus a total put value of 0 Combined total value = 28,752,012,500
Strike 297.5 has a total call value of 32,564,791,500 versus a total put value of 0 Combined total value = 32,564,791,500
Strike 300 has a total call value of 36,378,686,000 versus a total put value of 0 Combined total value = 36,378,686,000
Strike 302.5 has a total call value of 40,532,808,000 versus a total put value of 0 Combined total value = 40,532,808,000
Strike 305 has a total call value of 44,686,930,000 versus a total put value of 0 Combined total value = 44,686,930,000
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.
































































































































































































































