LTF
L&T Finance LimitedMax pain for LTF
25 Oct 2025 03:52 PM IST
Max Pain for LTF is 262.5
Strike 180 has a total call value of 0 versus a total put value of 156,248,085,000 Combined total value = 156,248,085,000
Strike 182.5 has a total call value of 0 versus a total put value of 150,754,247,500 Combined total value = 150,754,247,500
Strike 185 has a total call value of 0 versus a total put value of 145,260,410,000 Combined total value = 145,260,410,000
Strike 187.5 has a total call value of 0 versus a total put value of 139,766,572,500 Combined total value = 139,766,572,500
Strike 190 has a total call value of 0 versus a total put value of 134,272,735,000 Combined total value = 134,272,735,000
Strike 192.5 has a total call value of 0 versus a total put value of 128,778,897,500 Combined total value = 128,778,897,500
Strike 195 has a total call value of 0 versus a total put value of 123,285,060,000 Combined total value = 123,285,060,000
Strike 197.5 has a total call value of 0 versus a total put value of 117,791,222,500 Combined total value = 117,791,222,500
Strike 200 has a total call value of 0 versus a total put value of 112,297,385,000 Combined total value = 112,297,385,000
Strike 202.5 has a total call value of 0 versus a total put value of 106,803,547,500 Combined total value = 106,803,547,500
Strike 205 has a total call value of 0 versus a total put value of 101,309,710,000 Combined total value = 101,309,710,000
Strike 207.5 has a total call value of 0 versus a total put value of 95,815,872,500 Combined total value = 95,815,872,500
Strike 210 has a total call value of 0 versus a total put value of 90,322,035,000 Combined total value = 90,322,035,000
Strike 212.5 has a total call value of 60,237,000 versus a total put value of 84,828,197,500 Combined total value = 84,888,434,500
Strike 215 has a total call value of 120,474,000 versus a total put value of 79,334,360,000 Combined total value = 79,454,834,000
Strike 217.5 has a total call value of 180,711,000 versus a total put value of 73,840,522,500 Combined total value = 74,021,233,500
Strike 220 has a total call value of 240,948,000 versus a total put value of 68,346,685,000 Combined total value = 68,587,633,000
Strike 222.5 has a total call value of 324,610,500 versus a total put value of 62,952,127,000 Combined total value = 63,276,737,500
Strike 225 has a total call value of 408,273,000 versus a total put value of 57,557,569,000 Combined total value = 57,965,842,000
Strike 227.5 has a total call value of 509,783,500 versus a total put value of 52,246,673,500 Combined total value = 52,756,457,000
Strike 230 has a total call value of 611,294,000 versus a total put value of 46,935,778,000 Combined total value = 47,547,072,000
Strike 232.5 has a total call value of 800,929,000 versus a total put value of 41,978,496,000 Combined total value = 42,779,425,000
Strike 235 has a total call value of 990,564,000 versus a total put value of 37,039,062,000 Combined total value = 38,029,626,000
Strike 237.5 has a total call value of 1,201,393,500 versus a total put value of 32,498,977,000 Combined total value = 33,700,370,500
Strike 240 has a total call value of 1,412,223,000 versus a total put value of 27,986,779,500 Combined total value = 29,399,002,500
Strike 242.5 has a total call value of 1,842,806,000 versus a total put value of 24,042,371,500 Combined total value = 25,885,177,500
Strike 245 has a total call value of 2,273,389,000 versus a total put value of 20,186,088,000 Combined total value = 22,459,477,000
Strike 247.5 has a total call value of 2,776,479,500 versus a total put value of 16,595,293,500 Combined total value = 19,371,773,000
Strike 250 has a total call value of 3,279,570,000 versus a total put value of 13,071,429,000 Combined total value = 16,350,999,000
Strike 252.5 has a total call value of 4,032,532,500 versus a total put value of 10,598,365,500 Combined total value = 14,630,898,000
Strike 255 has a total call value of 4,835,692,500 versus a total put value of 8,183,308,000 Combined total value = 13,019,000,500
Strike 257.5 has a total call value of 5,751,518,000 versus a total put value of 6,168,715,000 Combined total value = 11,920,233,000
Strike 260 has a total call value of 6,722,003,000 versus a total put value of 4,215,474,500 Combined total value = 10,937,477,500
Strike 262.5 has a total call value of 8,048,332,500 versus a total put value of 2,877,990,000 Combined total value = 10,926,322,500
Strike 265 has a total call value of 9,457,209,000 versus a total put value of 1,671,019,000 Combined total value = 11,128,228,000
Strike 267.5 has a total call value of 11,223,045,500 versus a total put value of 922,518,500 Combined total value = 12,145,564,000
Strike 270 has a total call value of 13,116,049,000 versus a total put value of 305,647,000 Combined total value = 13,421,696,000
Strike 272.5 has a total call value of 15,822,252,000 versus a total put value of 177,364,500 Combined total value = 15,999,616,500
Strike 275 has a total call value of 18,709,166,000 versus a total put value of 69,161,000 Combined total value = 18,778,327,000
Strike 277.5 has a total call value of 22,162,754,000 versus a total put value of 29,003,000 Combined total value = 22,191,757,000
Strike 280 has a total call value of 25,673,232,500 versus a total put value of 0 Combined total value = 25,673,232,500
Strike 282.5 has a total call value of 30,435,302,000 versus a total put value of 0 Combined total value = 30,435,302,000
Strike 285 has a total call value of 35,246,453,500 versus a total put value of 0 Combined total value = 35,246,453,500
Strike 287.5 has a total call value of 40,481,495,000 versus a total put value of 0 Combined total value = 40,481,495,000
Strike 290 has a total call value of 45,758,925,500 versus a total put value of 0 Combined total value = 45,758,925,500
Strike 292.5 has a total call value of 51,482,556,000 versus a total put value of 0 Combined total value = 51,482,556,000
Strike 295 has a total call value of 57,247,460,000 versus a total put value of 0 Combined total value = 57,247,460,000
Strike 297.5 has a total call value of 63,290,123,500 versus a total put value of 0 Combined total value = 63,290,123,500
Strike 300 has a total call value of 69,332,787,000 versus a total put value of 0 Combined total value = 69,332,787,000
Strike 302.5 has a total call value of 75,509,310,500 versus a total put value of 0 Combined total value = 75,509,310,500
Strike 305 has a total call value of 81,685,834,000 versus a total put value of 0 Combined total value = 81,685,834,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1140 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 300 |
| ADANIENSOL | 879.2 | 930 |
| ADANIENT | 2543.7 | 2560 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1440 |
| ALKEM | 5433 | 5550 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 580 |
| ANGELONE | 2136.4 | 2400 |
| APLAPOLLO | 1660.1 | 1720 |
| APOLLOHOSP | 7510 | 7800 |
| ASHOKLEY | 141.93 | 137.5 |
| ASIANPAINT | 2342.8 | 2440 |
| ASTRAL | 1373.8 | 1440 |
| AUBANK | 743.2 | 840 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1190 |
| BAJAJ-AUTO | 8702 | 9000 |
| BAJAJFINSV | 2003.2 | 2080 |
| BAJFINANCE | 985.1 | 1050 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 130 |
| BDL | 1497.8 | 1550 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1260 |
| BHARTIARTL | 1916.6 | 1960 |
| BHEL | 231.01 | 237.5 |
| BIOCON | 338.9 | 360 |
| BLUESTARCO | 1890.1 | 1960 |
| BOSCHLTD | 38150 | 39000 |
| BPCL | 324.35 | 335 |
| BRITANNIA | 5920.5 | 6000 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3900 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1660 |
| CIPLA | 1499.4 | 1590 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1700 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 300 |
| CUMMINSIND | 3947.6 | 4100 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 500 |
| DALBHARAT | 2215.4 | 2140 |
| DELHIVERY | 445.7 | 465 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 16000 |
| DLF | 716.05 | 760 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1270 |
| EICHERMOT | 7047 | 6900 |
| ETERNAL | 321 | 330 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 220 |
| FORTIS | 932.75 | 1040 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1900 |
| GMRAIRPORT | 87.28 | 91 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2200 |
| GRASIM | 2746.8 | 2820 |
| HAL | 4736.1 | 4800 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1500 |
| HDFCAMC | 5621 | 5650 |
| HDFCBANK | 945.05 | 990 |
| HDFCLIFE | 764.4 | 750 |
| HEROMOTOCO | 5328 | 5550 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 800 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2540 |
| HINDZINC | 449.1 | 490 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1390 |
| ICICIGI | 1894 | 1960 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 75 |
| IEX | 137.76 | 142.5 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 480 |
| INDHOTEL | 709.8 | 740 |
| INDIANB | 706.35 | 800 |
| INDIGO | 5561 | 5750 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 355 |
| INFY | 1448.9 | 1480 |
| INOXWIND | 137.46 | 150 |
| IOC | 145.04 | 152 |
| IRCTC | 703.1 | 720 |
| IREDA | 146.28 | 155 |
| IRFC | 121.91 | 125 |
| ITC | 405.1 | 410 |
| JINDALSTEL | 1029.5 | 1030 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 530 |
| JSWSTEEL | 1130.8 | 1150 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 490 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4200 |
| KFINTECH | 1070.8 | 1140 |
| KOTAKBANK | 1994.8 | 2140 |
| KPITTECH | 1212.8 | 1180 |
| LAURUSLABS | 832.3 | 900 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1160 |
| LT | 3729.5 | 3800 |
| LTF | 236.29 | 262.5 |
| LTIM | 5075 | 5550 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3550 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2450 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1180 |
| MAZDOCK | 2827.6 | 2850 |
| MCX | 7920.5 | 9000 |
| MFSL | 1545.6 | 1560 |
| MOTHERSON | 105.66 | 106 |
| MPHASIS | 2642.4 | 2800 |
| MUTHOOTFIN | 3020.3 | 3200 |
| NATIONALUM | 200.58 | 230 |
| NAUKRI | 1316.2 | 1380 |
| NBCC | 105.18 | 111 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1230 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 76 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1660 |
| OFSS | 8515 | 8700 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 250 |
| PAGEIND | 41240 | 41500 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1260 |
| PERSISTENT | 4951 | 5600 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 410 |
| PGEL | 514.65 | 560 |
| PHOENIXLTD | 1540.4 | 1660 |
| PIDILITIND | 1474.8 | 1510 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 117 |
| PNBHOUSING | 864.1 | 890 |
| POLICYBZR | 1677.1 | 1700 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 290 |
| POWERINDIA | 0 | 17250 |
| PPLPHARMA | 187.73 | 200 |
| PRESTIGE | 1507.4 | 1680 |
| RBLBANK | 272.35 | 295 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1420 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132 |
| SAMMAANCAP | 137.82 | 170 |
| SBICARD | 873.85 | 920 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 885 |
| SHREECEM | 28910 | 29000 |
| SHRIRAMFIN | 606.05 | 680 |
| SIEMENS | 3096.3 | 3150 |
| SILVER | 0 | 150000 |
| SILVERM | 142014 | 150000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 460 |
| SRF | 2806.9 | 3100 |
| SUNPHARMA | 1586.7 | 1680 |
| SUPREMEIND | 4234.2 | 4150 |
| SUZLON | 55.28 | 55 |
| SYNGENE | 609.45 | 640 |
| TATACONSUM | 1119 | 1150 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 360 |
| TATAPOWER | 383.8 | 400 |
| TATASTEEL | 167.4 | 175 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3020 |
| TECHM | 1407.7 | 1460 |
| TIINDIA | 3129.1 | 3200 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3600 |
| TMPV | 0 | 400 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1300 |
| TRENT | 4679 | 4800 |
| TVSMOTOR | 3414.4 | 3550 |
| ULTRACEMCO | 12070 | 12200 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1350 |
| UNOMINDA | 1268.9 | 1240 |
| UPL | 648 | 680 |
| VBL | 444.75 | 460 |
| VEDL | 447.95 | 480 |
| VOLTAS | 1340.2 | 1400 |
| WIPRO | 235.75 | 245 |
| 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.

































































































































































































































