LTF
L&T Finance LimitedMax pain for LTF
18 Oct 2025 04:59 PM IST
Max Pain for LTF is 260
Strike 180 has a total call value of 0 versus a total put value of 198,956,118,000 Combined total value = 198,956,118,000
Strike 182.5 has a total call value of 0 versus a total put value of 191,590,471,500 Combined total value = 191,590,471,500
Strike 185 has a total call value of 0 versus a total put value of 184,224,825,000 Combined total value = 184,224,825,000
Strike 187.5 has a total call value of 0 versus a total put value of 176,859,178,500 Combined total value = 176,859,178,500
Strike 190 has a total call value of 0 versus a total put value of 169,493,532,000 Combined total value = 169,493,532,000
Strike 192.5 has a total call value of 0 versus a total put value of 162,127,885,500 Combined total value = 162,127,885,500
Strike 195 has a total call value of 0 versus a total put value of 154,762,239,000 Combined total value = 154,762,239,000
Strike 197.5 has a total call value of 0 versus a total put value of 147,396,592,500 Combined total value = 147,396,592,500
Strike 200 has a total call value of 0 versus a total put value of 140,030,946,000 Combined total value = 140,030,946,000
Strike 202.5 has a total call value of 0 versus a total put value of 132,708,804,000 Combined total value = 132,708,804,000
Strike 205 has a total call value of 0 versus a total put value of 125,386,662,000 Combined total value = 125,386,662,000
Strike 207.5 has a total call value of 0 versus a total put value of 118,137,027,500 Combined total value = 118,137,027,500
Strike 210 has a total call value of 0 versus a total put value of 110,887,393,000 Combined total value = 110,887,393,000
Strike 212.5 has a total call value of 0 versus a total put value of 103,637,758,500 Combined total value = 103,637,758,500
Strike 215 has a total call value of 0 versus a total put value of 96,388,124,000 Combined total value = 96,388,124,000
Strike 217.5 has a total call value of 0 versus a total put value of 89,308,045,500 Combined total value = 89,308,045,500
Strike 220 has a total call value of 0 versus a total put value of 82,227,967,000 Combined total value = 82,227,967,000
Strike 222.5 has a total call value of 0 versus a total put value of 75,286,210,500 Combined total value = 75,286,210,500
Strike 225 has a total call value of 0 versus a total put value of 68,344,454,000 Combined total value = 68,344,454,000
Strike 227.5 has a total call value of 0 versus a total put value of 61,546,597,000 Combined total value = 61,546,597,000
Strike 230 has a total call value of 0 versus a total put value of 54,748,740,000 Combined total value = 54,748,740,000
Strike 232.5 has a total call value of 91,471,000 versus a total put value of 48,789,739,000 Combined total value = 48,881,210,000
Strike 235 has a total call value of 182,942,000 versus a total put value of 42,830,738,000 Combined total value = 43,013,680,000
Strike 237.5 has a total call value of 274,413,000 versus a total put value of 37,501,994,500 Combined total value = 37,776,407,500
Strike 240 has a total call value of 365,884,000 versus a total put value of 32,207,831,500 Combined total value = 32,573,715,500
Strike 242.5 has a total call value of 768,579,500 versus a total put value of 27,765,910,500 Combined total value = 28,534,490,000
Strike 245 has a total call value of 1,189,123,000 versus a total put value of 23,467,889,000 Combined total value = 24,657,012,000
Strike 247.5 has a total call value of 1,695,560,000 versus a total put value of 19,429,779,000 Combined total value = 21,125,339,000
Strike 250 has a total call value of 2,232,115,500 versus a total put value of 15,474,216,000 Combined total value = 17,706,331,500
Strike 252.5 has a total call value of 3,105,552,000 versus a total put value of 12,687,697,000 Combined total value = 15,793,249,000
Strike 255 has a total call value of 4,033,648,000 versus a total put value of 9,987,071,500 Combined total value = 14,020,719,500
Strike 257.5 has a total call value of 5,124,607,000 versus a total put value of 7,650,099,000 Combined total value = 12,774,706,000
Strike 260 has a total call value of 6,270,225,500 versus a total put value of 5,424,676,500 Combined total value = 11,694,902,000
Strike 262.5 has a total call value of 7,904,433,000 versus a total put value of 3,855,168,000 Combined total value = 11,759,601,000
Strike 265 has a total call value of 9,632,342,500 versus a total put value of 2,407,249,000 Combined total value = 12,039,591,500
Strike 267.5 has a total call value of 11,864,458,000 versus a total put value of 1,425,609,000 Combined total value = 13,290,067,000
Strike 270 has a total call value of 14,222,625,000 versus a total put value of 588,984,000 Combined total value = 14,811,609,000
Strike 272.5 has a total call value of 17,719,717,500 versus a total put value of 362,537,500 Combined total value = 18,082,255,000
Strike 275 has a total call value of 21,435,448,000 versus a total put value of 176,249,000 Combined total value = 21,611,697,000
Strike 277.5 has a total call value of 25,802,630,500 versus a total put value of 103,741,500 Combined total value = 25,906,372,000
Strike 280 has a total call value of 30,260,168,500 versus a total put value of 50,197,500 Combined total value = 30,310,366,000
Strike 282.5 has a total call value of 36,078,616,500 versus a total put value of 30,118,500 Combined total value = 36,108,735,000
Strike 285 has a total call value of 41,998,575,000 versus a total put value of 15,617,000 Combined total value = 42,014,192,000
Strike 287.5 has a total call value of 48,522,019,000 versus a total put value of 6,693,000 Combined total value = 48,528,712,000
Strike 290 has a total call value of 55,106,815,500 versus a total put value of 0 Combined total value = 55,106,815,500
Strike 292.5 has a total call value of 62,213,666,000 versus a total put value of 0 Combined total value = 62,213,666,000
Strike 295 has a total call value of 69,366,252,000 versus a total put value of 0 Combined total value = 69,366,252,000
Strike 297.5 has a total call value of 76,885,837,500 versus a total put value of 0 Combined total value = 76,885,837,500
Strike 300 has a total call value of 84,406,538,500 versus a total put value of 0 Combined total value = 84,406,538,500
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.




























































































































































































































