MCX
Multi Commodity ExchangeMax pain for MCX
18 Oct 2025 04:57 PM IST
Max Pain for MCX is 9000
Strike 6400 has a total call value of 0 versus a total put value of 532,067,500,000 Combined total value = 532,067,500,000
Strike 6500 has a total call value of 0 versus a total put value of 506,590,000,000 Combined total value = 506,590,000,000
Strike 6600 has a total call value of 0 versus a total put value of 481,112,500,000 Combined total value = 481,112,500,000
Strike 6700 has a total call value of 0 versus a total put value of 455,635,000,000 Combined total value = 455,635,000,000
Strike 6800 has a total call value of 0 versus a total put value of 430,157,500,000 Combined total value = 430,157,500,000
Strike 6900 has a total call value of 0 versus a total put value of 404,682,500,000 Combined total value = 404,682,500,000
Strike 7000 has a total call value of 0 versus a total put value of 379,385,000,000 Combined total value = 379,385,000,000
Strike 7100 has a total call value of 0 versus a total put value of 354,580,000,000 Combined total value = 354,580,000,000
Strike 7200 has a total call value of 0 versus a total put value of 329,898,750,000 Combined total value = 329,898,750,000
Strike 7300 has a total call value of 2,500,000 versus a total put value of 305,217,500,000 Combined total value = 305,220,000,000
Strike 7400 has a total call value of 5,000,000 versus a total put value of 280,673,750,000 Combined total value = 280,678,750,000
Strike 7500 has a total call value of 7,500,000 versus a total put value of 256,478,750,000 Combined total value = 256,486,250,000
Strike 7600 has a total call value of 113,750,000 versus a total put value of 233,915,000,000 Combined total value = 234,028,750,000
Strike 7700 has a total call value of 220,000,000 versus a total put value of 211,592,500,000 Combined total value = 211,812,500,000
Strike 7800 has a total call value of 326,250,000 versus a total put value of 189,722,500,000 Combined total value = 190,048,750,000
Strike 7900 has a total call value of 703,750,000 versus a total put value of 168,795,000,000 Combined total value = 169,498,750,000
Strike 8000 has a total call value of 1,207,500,000 versus a total put value of 148,360,000,000 Combined total value = 149,567,500,000
Strike 8100 has a total call value of 2,331,250,000 versus a total put value of 130,363,750,000 Combined total value = 132,695,000,000
Strike 8200 has a total call value of 3,717,500,000 versus a total put value of 112,783,750,000 Combined total value = 116,501,250,000
Strike 8300 has a total call value of 5,506,250,000 versus a total put value of 96,501,250,000 Combined total value = 102,007,500,000
Strike 8400 has a total call value of 7,772,500,000 versus a total put value of 81,162,500,000 Combined total value = 88,935,000,000
Strike 8500 has a total call value of 10,311,250,000 versus a total put value of 67,086,250,000 Combined total value = 77,397,500,000
Strike 8600 has a total call value of 13,848,750,000 versus a total put value of 55,172,500,000 Combined total value = 69,021,250,000
Strike 8700 has a total call value of 17,893,750,000 versus a total put value of 44,453,750,000 Combined total value = 62,347,500,000
Strike 8800 has a total call value of 22,221,250,000 versus a total put value of 34,681,250,000 Combined total value = 56,902,500,000
Strike 8900 has a total call value of 27,128,750,000 versus a total put value of 26,435,000,000 Combined total value = 53,563,750,000
Strike 9000 has a total call value of 32,351,250,000 versus a total put value of 19,043,750,000 Combined total value = 51,395,000,000
Strike 9100 has a total call value of 38,663,750,000 versus a total put value of 13,673,750,000 Combined total value = 52,337,500,000
Strike 9200 has a total call value of 45,251,250,000 versus a total put value of 8,822,500,000 Combined total value = 54,073,750,000
Strike 9300 has a total call value of 55,016,250,000 versus a total put value of 5,302,500,000 Combined total value = 60,318,750,000
Strike 9400 has a total call value of 65,735,000,000 versus a total put value of 2,807,500,000 Combined total value = 68,542,500,000
Strike 9500 has a total call value of 78,115,000,000 versus a total put value of 1,283,750,000 Combined total value = 79,398,750,000
Strike 9600 has a total call value of 93,611,250,000 versus a total put value of 673,750,000 Combined total value = 94,285,000,000
Strike 9700 has a total call value of 110,876,250,000 versus a total put value of 451,250,000 Combined total value = 111,327,500,000
Strike 9800 has a total call value of 129,298,750,000 versus a total put value of 280,000,000 Combined total value = 129,578,750,000
Strike 9900 has a total call value of 149,791,250,000 versus a total put value of 140,000,000 Combined total value = 149,931,250,000
Strike 10000 has a total call value of 171,050,000,000 versus a total put value of 0 Combined total value = 171,050,000,000
Strike 10100 has a total call value of 199,498,750,000 versus a total put value of 0 Combined total value = 199,498,750,000
Strike 10200 has a total call value of 228,775,000,000 versus a total put value of 0 Combined total value = 228,775,000,000
Strike 10300 has a total call value of 260,046,250,000 versus a total put value of 0 Combined total value = 260,046,250,000
Strike 10400 has a total call value of 291,778,750,000 versus a total put value of 0 Combined total value = 291,778,750,000
Strike 10500 has a total call value of 324,040,000,000 versus a total put value of 0 Combined total value = 324,040,000,000
Strike 10600 has a total call value of 356,301,250,000 versus a total put value of 0 Combined total value = 356,301,250,000
Strike 10700 has a total call value of 388,778,750,000 versus a total put value of 0 Combined total value = 388,778,750,000
Strike 10800 has a total call value of 422,488,750,000 versus a total put value of 0 Combined total value = 422,488,750,000
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.




























































































































































































































