MARUTI
Maruti Suzuki India Ltd.
Max pain for MARUTI
25 Oct 2025 03:52 PM IST
Max Pain for MARUTI is 16100
Strike 13000 has a total call value of 0 versus a total put value of 351,083,000,000 Combined total value = 351,083,000,000
Strike 13100 has a total call value of 29,500,000 versus a total put value of 336,877,500,000 Combined total value = 336,907,000,000
Strike 13200 has a total call value of 59,000,000 versus a total put value of 322,672,000,000 Combined total value = 322,731,000,000
Strike 13300 has a total call value of 88,500,000 versus a total put value of 308,487,500,000 Combined total value = 308,576,000,000
Strike 13400 has a total call value of 118,000,000 versus a total put value of 294,303,000,000 Combined total value = 294,421,000,000
Strike 13500 has a total call value of 147,500,000 versus a total put value of 280,194,000,000 Combined total value = 280,341,500,000
Strike 13600 has a total call value of 184,500,000 versus a total put value of 266,116,000,000 Combined total value = 266,300,500,000
Strike 13700 has a total call value of 222,500,000 versus a total put value of 252,047,000,000 Combined total value = 252,269,500,000
Strike 13800 has a total call value of 260,500,000 versus a total put value of 237,988,000,000 Combined total value = 238,248,500,000
Strike 13900 has a total call value of 298,500,000 versus a total put value of 223,929,000,000 Combined total value = 224,227,500,000
Strike 14000 has a total call value of 336,500,000 versus a total put value of 209,894,500,000 Combined total value = 210,231,000,000
Strike 14100 has a total call value of 454,500,000 versus a total put value of 196,759,500,000 Combined total value = 197,214,000,000
Strike 14200 has a total call value of 572,500,000 versus a total put value of 183,699,500,000 Combined total value = 184,272,000,000
Strike 14300 has a total call value of 690,500,000 versus a total put value of 171,201,000,000 Combined total value = 171,891,500,000
Strike 14400 has a total call value of 808,500,000 versus a total put value of 158,931,500,000 Combined total value = 159,740,000,000
Strike 14500 has a total call value of 926,500,000 versus a total put value of 146,685,000,000 Combined total value = 147,611,500,000
Strike 14600 has a total call value of 1,082,500,000 versus a total put value of 134,898,500,000 Combined total value = 135,981,000,000
Strike 14700 has a total call value of 1,238,500,000 versus a total put value of 123,160,500,000 Combined total value = 124,399,000,000
Strike 14800 has a total call value of 1,396,000,000 versus a total put value of 111,605,000,000 Combined total value = 113,001,000,000
Strike 14900 has a total call value of 1,656,500,000 versus a total put value of 100,234,500,000 Combined total value = 101,891,000,000
Strike 15000 has a total call value of 1,932,500,000 versus a total put value of 88,974,500,000 Combined total value = 90,907,000,000
Strike 15100 has a total call value of 2,497,000,000 versus a total put value of 79,634,000,000 Combined total value = 82,131,000,000
Strike 15200 has a total call value of 3,061,500,000 versus a total put value of 70,436,500,000 Combined total value = 73,498,000,000
Strike 15300 has a total call value of 3,646,000,000 versus a total put value of 61,322,500,000 Combined total value = 64,968,500,000
Strike 15400 has a total call value of 4,240,500,000 versus a total put value of 52,459,500,000 Combined total value = 56,700,000,000
Strike 15500 has a total call value of 4,842,500,000 versus a total put value of 43,983,500,000 Combined total value = 48,826,000,000
Strike 15600 has a total call value of 5,676,000,000 versus a total put value of 36,489,000,000 Combined total value = 42,165,000,000
Strike 15700 has a total call value of 6,544,000,000 versus a total put value of 29,245,000,000 Combined total value = 35,789,000,000
Strike 15800 has a total call value of 7,482,000,000 versus a total put value of 22,253,500,000 Combined total value = 29,735,500,000
Strike 15900 has a total call value of 8,587,000,000 versus a total put value of 15,908,000,000 Combined total value = 24,495,000,000
Strike 16000 has a total call value of 9,883,500,000 versus a total put value of 10,036,000,000 Combined total value = 19,919,500,000
Strike 16100 has a total call value of 12,366,000,000 versus a total put value of 6,607,500,000 Combined total value = 18,973,500,000
Strike 16200 has a total call value of 15,910,500,000 versus a total put value of 3,847,500,000 Combined total value = 19,758,000,000
Strike 16300 has a total call value of 22,237,500,000 versus a total put value of 2,296,000,000 Combined total value = 24,533,500,000
Strike 16400 has a total call value of 29,769,000,000 versus a total put value of 1,352,500,000 Combined total value = 31,121,500,000
Strike 16500 has a total call value of 38,954,500,000 versus a total put value of 712,000,000 Combined total value = 39,666,500,000
Strike 16600 has a total call value of 51,654,000,000 versus a total put value of 445,500,000 Combined total value = 52,099,500,000
Strike 16700 has a total call value of 65,556,000,000 versus a total put value of 269,500,000 Combined total value = 65,825,500,000
Strike 16800 has a total call value of 80,166,500,000 versus a total put value of 141,000,000 Combined total value = 80,307,500,000
Strike 16900 has a total call value of 95,728,000,000 versus a total put value of 61,000,000 Combined total value = 95,789,000,000
Strike 17000 has a total call value of 112,008,000,000 versus a total put value of 0 Combined total value = 112,008,000,000
Strike 17100 has a total call value of 132,034,000,000 versus a total put value of 0 Combined total value = 132,034,000,000
Strike 17200 has a total call value of 152,699,500,000 versus a total put value of 0 Combined total value = 152,699,500,000
Strike 17300 has a total call value of 174,663,000,000 versus a total put value of 0 Combined total value = 174,663,000,000
Strike 17400 has a total call value of 197,058,500,000 versus a total put value of 0 Combined total value = 197,058,500,000
Strike 17500 has a total call value of 219,762,500,000 versus a total put value of 0 Combined total value = 219,762,500,000
Strike 17600 has a total call value of 243,099,000,000 versus a total put value of 0 Combined total value = 243,099,000,000
Strike 17700 has a total call value of 267,892,500,000 versus a total put value of 0 Combined total value = 267,892,500,000
Strike 17800 has a total call value of 292,686,000,000 versus a total put value of 0 Combined total value = 292,686,000,000
Strike 17900 has a total call value of 318,247,000,000 versus a total put value of 0 Combined total value = 318,247,000,000
Strike 18000 has a total call value of 343,808,000,000 versus a total put value of 0 Combined total value = 343,808,000,000
Strike 18100 has a total call value of 370,778,500,000 versus a total put value of 0 Combined total value = 370,778,500,000
Strike 18200 has a total call value of 397,749,000,000 versus a total put value of 0 Combined total value = 397,749,000,000
Strike 18300 has a total call value of 425,100,500,000 versus a total put value of 0 Combined total value = 425,100,500,000
Strike 18400 has a total call value of 452,452,000,000 versus a total put value of 0 Combined total value = 452,452,000,000
Strike 18500 has a total call value of 479,924,000,000 versus a total put value of 0 Combined total value = 479,924,000,000
Strike 18600 has a total call value of 507,396,000,000 versus a total put value of 0 Combined total value = 507,396,000,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1185.7 | 1140 |
| ABB | 5181 | 5200 |
| ABCAPITAL | 306.15 | 300 |
| ADANIENSOL | 944.25 | 930 |
| ADANIENT | 2504.2 | 2560 |
| ADANIGREEN | 1031.1 | 1060 |
| ADANIPORTS | 1429 | 1440 |
| ALKEM | 5545 | 5550 |
| AMBER | 8321.5 | 8200 |
| AMBUJACEM | 555 | 580 |
| ANGELONE | 2514.5 | 2400 |
| APLAPOLLO | 1754.4 | 1720 |
| APOLLOHOSP | 7837.5 | 7800 |
| ASHOKLEY | 136.35 | 137.5 |
| ASIANPAINT | 2501.6 | 2440 |
| ASTRAL | 1430.8 | 1440 |
| AUBANK | 860.35 | 840 |
| AUROPHARMA | 1085 | 1100 |
| AXISBANK | 1241.9 | 1190 |
| BAJAJ-AUTO | 9076.5 | 9000 |
| BAJAJFINSV | 2159.5 | 2080 |
| BAJFINANCE | 1089.75 | 1050 |
| BANDHANBNK | 170 | 165 |
| BANKBARODA | 266.2 | 260 |
| BANKINDIA | 133.9 | 130 |
| BDL | 1544 | 1550 |
| BEL | 422.05 | 410 |
| BHARATFORG | 1283.9 | 1260 |
| BHARTIARTL | 2029.3 | 1960 |
| BHEL | 230.94 | 237.5 |
| BIOCON | 359.5 | 360 |
| BLUESTARCO | 2006 | 1960 |
| BOSCHLTD | 38585 | 39000 |
| BPCL | 330.45 | 335 |
| BRITANNIA | 6053 | 6000 |
| BSE | 2475 | 2400 |
| CAMS | 3880.2 | 3900 |
| CANBK | 125.7 | 125 |
| CDSL | 1590.2 | 1580 |
| CGPOWER | 723.85 | 750 |
| CHOLAFIN | 1733.6 | 1660 |
| CIPLA | 1584.4 | 1590 |
| COALINDIA | 394.05 | 390 |
| COFORGE | 1760 | 1700 |
| COLPAL | 2239.4 | 2260 |
| CONCOR | 536.9 | 540 |
| CROMPTON | 293.35 | 300 |
| CUMMINSIND | 4183.2 | 4100 |
| CYIENT | 1185.6 | 1180 |
| DABUR | 508.45 | 500 |
| DALBHARAT | 2098.4 | 2140 |
| DELHIVERY | 466.9 | 465 |
| DIVISLAB | 6593 | 6400 |
| DIXON | 15490 | 16000 |
| DLF | 772.45 | 760 |
| DMART | 4213.9 | 4300 |
| DRREDDY | 1283.6 | 1270 |
| EICHERMOT | 6840 | 6900 |
| ETERNAL | 326.6 | 330 |
| EXIDEIND | 388.7 | 400 |
| FEDERALBNK | 227.4 | 220 |
| FORTIS | 1037.3 | 1040 |
| GAIL | 181.02 | 180 |
| GLENMARK | 1818.8 | 1900 |
| GMRAIRPORT | 93.2 | 91 |
| GODREJCP | 1130.4 | 1140 |
| GODREJPROP | 2287.8 | 2200 |
| GRASIM | 2841.3 | 2820 |
| HAL | 4814.2 | 4800 |
| HAVELLS | 1494.9 | 1500 |
| HCLTECH | 1523.8 | 1500 |
| HDFCAMC | 5543.5 | 5650 |
| HDFCBANK | 994.75 | 990 |
| HDFCLIFE | 734.95 | 750 |
| HEROMOTOCO | 5540.5 | 5550 |
| HFCL | 77.74 | 75 |
| HINDALCO | 824.45 | 800 |
| HINDPETRO | 438.45 | 440 |
| HINDUNILVR | 2516.4 | 2540 |
| HINDZINC | 486.7 | 490 |
| HUDCO | 226.85 | 230 |
| ICICIBANK | 1377.7 | 1390 |
| ICICIGI | 1993.9 | 1960 |
| ICICIPRULI | 601.95 | 600 |
| IDEA | 9.62 | 9 |
| IDFCFIRSTB | 78.2 | 75 |
| IEX | 147.05 | 142.5 |
| IGL | 211.16 | 215 |
| IIFL | 489.8 | 480 |
| INDHOTEL | 735.9 | 740 |
| INDIANB | 820.05 | 800 |
| INDIGO | 5779 | 5750 |
| INDUSINDBK | 755.05 | 750 |
| INDUSTOWER | 361.55 | 355 |
| INFY | 1525.4 | 1480 |
| INOXWIND | 154.08 | 150 |
| IOC | 150.37 | 152 |
| IRCTC | 714.8 | 720 |
| IREDA | 153.4 | 155 |
| IRFC | 123.73 | 125 |
| ITC | 416.8 | 410 |
| JINDALSTEL | 1008.2 | 1030 |
| JIOFIN | 305.95 | 310 |
| JSWENERGY | 531.15 | 530 |
| JSWSTEEL | 1141.4 | 1150 |
| JUBLFOOD | 590.55 | 600 |
| KALYANKJIL | 495.3 | 490 |
| KAYNES | 6689 | 7000 |
| KEI | 4125.7 | 4200 |
| KFINTECH | 1149.4 | 1140 |
| KOTAKBANK | 2187 | 2140 |
| KPITTECH | 1178.7 | 1180 |
| LAURUSLABS | 926.4 | 900 |
| LICHSGFIN | 579.5 | 580 |
| LICI | 889.65 | 900 |
| LODHA | 1172.9 | 1160 |
| LT | 3904.9 | 3800 |
| LTF | 267 | 262.5 |
| LTIM | 5546 | 5550 |
| LUPIN | 1931.2 | 1960 |
| M&M | 3625 | 3550 |
| MANAPPURAM | 279.95 | 285 |
| MANKIND | 2432.4 | 2450 |
| MARICO | 725.85 | 720 |
| MARUTI | 16274 | 16100 |
| MAXHEALTH | 1184.1 | 1180 |
| MAZDOCK | 2805.5 | 2850 |
| MCX | 9003.5 | 9000 |
| MFSL | 1518 | 1560 |
| MOTHERSON | 106.25 | 106 |
| MPHASIS | 2818.9 | 2800 |
| MUTHOOTFIN | 3163.1 | 3200 |
| NATIONALUM | 236.1 | 230 |
| NAUKRI | 1377.8 | 1380 |
| NBCC | 111.69 | 111 |
| NCC | 209.56 | 210 |
| NESTLEIND | 1282 | 1230 |
| NHPC | 84.79 | 86 |
| NMDC | 74.19 | 76 |
| NTPC | 339.6 | 340 |
| NUVAMA | 7176 | 7000 |
| NYKAA | 250.59 | 255 |
| OBEROIRLTY | 1699.9 | 1660 |
| OFSS | 8565 | 8700 |
| OIL | 419.5 | 420 |
| ONGC | 254.96 | 250 |
| PAGEIND | 41025 | 41500 |
| PATANJALI | 580.95 | 590 |
| PAYTM | 1287 | 1260 |
| PERSISTENT | 5826 | 5600 |
| PETRONET | 281.05 | 285 |
| PFC | 393.6 | 410 |
| PGEL | 575.95 | 560 |
| PHOENIXLTD | 1680.7 | 1660 |
| PIDILITIND | 1507.1 | 1510 |
| PIIND | 3583.2 | 3600 |
| PNB | 116.94 | 117 |
| PNBHOUSING | 907.3 | 890 |
| POLICYBZR | 1685.7 | 1700 |
| POLYCAB | 7513 | 7500 |
| POWERGRID | 288.5 | 290 |
| POWERINDIA | 16767 | 17250 |
| PPLPHARMA | 202.37 | 200 |
| PRESTIGE | 1754.1 | 1680 |
| RBLBANK | 315.95 | 295 |
| RECLTD | 372.6 | 380 |
| RELIANCE | 1451.6 | 1420 |
| RVNL | 329.45 | 340 |
| SAIL | 129.46 | 132 |
| SAMMAANCAP | 188.25 | 170 |
| SBICARD | 928.95 | 920 |
| SBILIFE | 1839.8 | 1800 |
| SBIN | 904.5 | 885 |
| SHREECEM | 28705 | 29000 |
| SHRIRAMFIN | 715.45 | 680 |
| SIEMENS | 3152.2 | 3150 |
| SILVER | 147150 | 150000 |
| SILVERM | 149325 | 150000 |
| SOLARINDS | 14017 | 14000 |
| SONACOMS | 478.7 | 460 |
| SRF | 3082 | 3100 |
| SUNPHARMA | 1699 | 1680 |
| SUPREMEIND | 4003.7 | 4150 |
| SUZLON | 53.82 | 55 |
| SYNGENE | 659.85 | 640 |
| TATACONSUM | 1155.3 | 1150 |
| TATAELXSI | 5544 | 5400 |
| TATAMOTORS | 0 | 360 |
| TATAPOWER | 396.85 | 400 |
| TATASTEEL | 174.44 | 175 |
| TATATECH | 689.65 | 700 |
| TCS | 3063.2 | 3020 |
| TECHM | 1453.7 | 1460 |
| TIINDIA | 3159.2 | 3200 |
| TITAGARH | 874.7 | 900 |
| TITAN | 3714.9 | 3600 |
| TMPV | 403.3 | 400 |
| TORNTPHARM | 3581.4 | 3550 |
| TORNTPOWER | 1325.8 | 1300 |
| TRENT | 4789.6 | 4800 |
| TVSMOTOR | 3599.8 | 3550 |
| ULTRACEMCO | 11918 | 12200 |
| UNIONBANK | 141.77 | 140 |
| UNITDSPR | 1357.4 | 1350 |
| UNOMINDA | 1192 | 1240 |
| UPL | 672.05 | 680 |
| VBL | 461.4 | 460 |
| VEDL | 495.6 | 480 |
| VOLTAS | 1441.4 | 1400 |
| WIPRO | 242.98 | 245 |
| YESBANK | 22.67 | 23 |
| ZYDUSLIFE | 1004.9 | 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.
