NIFTY
NiftyMax pain for NIFTY
02 Nov 2025 04:11 PM IST
Max Pain for NIFTY is 25900
Strike 23300 has a total call value of 0 versus a total put value of 3,518,031,000,000 Combined total value = 3,518,031,000,000
Strike 23350 has a total call value of 3,750,000 versus a total put value of 3,435,012,000,000 Combined total value = 3,435,015,750,000
Strike 23400 has a total call value of 7,500,000 versus a total put value of 3,352,033,875,000 Combined total value = 3,352,041,375,000
Strike 23450 has a total call value of 13,875,000 versus a total put value of 3,269,187,375,000 Combined total value = 3,269,201,250,000
Strike 23500 has a total call value of 20,250,000 versus a total put value of 3,186,347,250,000 Combined total value = 3,186,367,500,000
Strike 23550 has a total call value of 28,500,000 versus a total put value of 3,104,239,875,000 Combined total value = 3,104,268,375,000
Strike 23600 has a total call value of 36,750,000 versus a total put value of 3,022,149,000,000 Combined total value = 3,022,185,750,000
Strike 23650 has a total call value of 45,000,000 versus a total put value of 2,940,203,625,000 Combined total value = 2,940,248,625,000
Strike 23700 has a total call value of 53,250,000 versus a total put value of 2,858,265,375,000 Combined total value = 2,858,318,625,000
Strike 23750 has a total call value of 63,000,000 versus a total put value of 2,776,412,625,000 Combined total value = 2,776,475,625,000
Strike 23800 has a total call value of 72,750,000 versus a total put value of 2,694,567,000,000 Combined total value = 2,694,639,750,000
Strike 23850 has a total call value of 82,500,000 versus a total put value of 2,612,778,375,000 Combined total value = 2,612,860,875,000
Strike 23900 has a total call value of 92,250,000 versus a total put value of 2,531,003,250,000 Combined total value = 2,531,095,500,000
Strike 23950 has a total call value of 102,000,000 versus a total put value of 2,449,289,250,000 Combined total value = 2,449,391,250,000
Strike 24000 has a total call value of 111,750,000 versus a total put value of 2,367,581,250,000 Combined total value = 2,367,693,000,000
Strike 24050 has a total call value of 177,000,000 versus a total put value of 2,288,028,375,000 Combined total value = 2,288,205,375,000
Strike 24100 has a total call value of 242,250,000 versus a total put value of 2,208,514,500,000 Combined total value = 2,208,756,750,000
Strike 24150 has a total call value of 309,750,000 versus a total put value of 2,129,092,125,000 Combined total value = 2,129,401,875,000
Strike 24200 has a total call value of 380,250,000 versus a total put value of 2,049,703,875,000 Combined total value = 2,050,084,125,000
Strike 24250 has a total call value of 453,750,000 versus a total put value of 1,970,695,875,000 Combined total value = 1,971,149,625,000
Strike 24300 has a total call value of 529,500,000 versus a total put value of 1,891,709,625,000 Combined total value = 1,892,239,125,000
Strike 24350 has a total call value of 608,625,000 versus a total put value of 1,813,182,750,000 Combined total value = 1,813,791,375,000
Strike 24400 has a total call value of 690,000,000 versus a total put value of 1,734,668,625,000 Combined total value = 1,735,358,625,000
Strike 24450 has a total call value of 775,875,000 versus a total put value of 1,656,916,125,000 Combined total value = 1,657,692,000,000
Strike 24500 has a total call value of 864,375,000 versus a total put value of 1,579,209,375,000 Combined total value = 1,580,073,750,000
Strike 24550 has a total call value of 973,500,000 versus a total put value of 1,504,716,750,000 Combined total value = 1,505,690,250,000
Strike 24600 has a total call value of 1,086,000,000 versus a total put value of 1,430,309,250,000 Combined total value = 1,431,395,250,000
Strike 24650 has a total call value of 1,201,875,000 versus a total put value of 1,356,635,625,000 Combined total value = 1,357,837,500,000
Strike 24700 has a total call value of 1,323,375,000 versus a total put value of 1,283,124,375,000 Combined total value = 1,284,447,750,000
Strike 24750 has a total call value of 1,461,750,000 versus a total put value of 1,210,399,500,000 Combined total value = 1,211,861,250,000
Strike 24800 has a total call value of 1,611,375,000 versus a total put value of 1,137,915,000,000 Combined total value = 1,139,526,375,000
Strike 24850 has a total call value of 1,791,375,000 versus a total put value of 1,068,182,625,000 Combined total value = 1,069,974,000,000
Strike 24900 has a total call value of 1,979,250,000 versus a total put value of 998,704,875,000 Combined total value = 1,000,684,125,000
Strike 24950 has a total call value of 2,184,000,000 versus a total put value of 931,395,375,000 Combined total value = 933,579,375,000
Strike 25000 has a total call value of 2,400,375,000 versus a total put value of 864,412,875,000 Combined total value = 866,813,250,000
Strike 25050 has a total call value of 3,227,625,000 versus a total put value of 802,347,375,000 Combined total value = 805,575,000,000
Strike 25100 has a total call value of 4,059,375,000 versus a total put value of 740,628,750,000 Combined total value = 744,688,125,000
Strike 25150 has a total call value of 4,975,500,000 versus a total put value of 681,172,125,000 Combined total value = 686,147,625,000
Strike 25200 has a total call value of 5,894,250,000 versus a total put value of 622,171,125,000 Combined total value = 628,065,375,000
Strike 25250 has a total call value of 7,111,875,000 versus a total put value of 566,291,250,000 Combined total value = 573,403,125,000
Strike 25300 has a total call value of 8,340,000,000 versus a total put value of 511,249,500,000 Combined total value = 519,589,500,000
Strike 25350 has a total call value of 9,703,125,000 versus a total put value of 459,498,375,000 Combined total value = 469,201,500,000
Strike 25400 has a total call value of 11,079,375,000 versus a total put value of 408,576,750,000 Combined total value = 419,656,125,000
Strike 25450 has a total call value of 12,804,000,000 versus a total put value of 360,873,375,000 Combined total value = 373,677,375,000
Strike 25500 has a total call value of 14,680,500,000 versus a total put value of 313,987,875,000 Combined total value = 328,668,375,000
Strike 25550 has a total call value of 18,650,625,000 versus a total put value of 272,262,375,000 Combined total value = 290,913,000,000
Strike 25600 has a total call value of 22,668,750,000 versus a total put value of 232,098,375,000 Combined total value = 254,767,125,000
Strike 25650 has a total call value of 27,615,000,000 versus a total put value of 195,879,375,000 Combined total value = 223,494,375,000
Strike 25700 has a total call value of 32,749,500,000 versus a total put value of 162,367,500,000 Combined total value = 195,117,000,000
Strike 25750 has a total call value of 39,841,875,000 versus a total put value of 133,012,125,000 Combined total value = 172,854,000,000
Strike 25800 has a total call value of 47,889,375,000 versus a total put value of 105,040,125,000 Combined total value = 152,929,500,000
Strike 25850 has a total call value of 61,457,250,000 versus a total put value of 82,650,750,000 Combined total value = 144,108,000,000
Strike 25900 has a total call value of 77,785,875,000 versus a total put value of 63,112,875,000 Combined total value = 140,898,750,000
Strike 25950 has a total call value of 101,035,500,000 versus a total put value of 48,395,250,000 Combined total value = 149,430,750,000
Strike 26000 has a total call value of 126,638,250,000 versus a total put value of 34,301,250,000 Combined total value = 160,939,500,000
Strike 26050 has a total call value of 166,052,625,000 versus a total put value of 26,811,375,000 Combined total value = 192,864,000,000
Strike 26100 has a total call value of 207,162,000,000 versus a total put value of 19,685,250,000 Combined total value = 226,847,250,000
Strike 26150 has a total call value of 256,241,250,000 versus a total put value of 15,243,375,000 Combined total value = 271,484,625,000
Strike 26200 has a total call value of 307,910,250,000 versus a total put value of 11,120,625,000 Combined total value = 319,030,875,000
Strike 26250 has a total call value of 367,815,375,000 versus a total put value of 8,788,125,000 Combined total value = 376,603,500,000
Strike 26300 has a total call value of 430,092,750,000 versus a total put value of 6,787,500,000 Combined total value = 436,880,250,000
Strike 26350 has a total call value of 497,497,500,000 versus a total put value of 5,365,875,000 Combined total value = 502,863,375,000
Strike 26400 has a total call value of 569,169,750,000 versus a total put value of 4,046,250,000 Combined total value = 573,216,000,000
Strike 26450 has a total call value of 646,862,625,000 versus a total put value of 3,096,375,000 Combined total value = 649,959,000,000
Strike 26500 has a total call value of 725,853,375,000 versus a total put value of 2,175,750,000 Combined total value = 728,029,125,000
Strike 26550 has a total call value of 813,993,750,000 versus a total put value of 1,866,750,000 Combined total value = 815,860,500,000
Strike 26600 has a total call value of 905,412,750,000 versus a total put value of 1,573,125,000 Combined total value = 906,985,875,000
Strike 26650 has a total call value of 999,984,750,000 versus a total put value of 1,369,500,000 Combined total value = 1,001,354,250,000
Strike 26700 has a total call value of 1,095,652,500,000 versus a total put value of 1,167,750,000 Combined total value = 1,096,820,250,000
Strike 26750 has a total call value of 1,194,433,125,000 versus a total put value of 1,018,125,000 Combined total value = 1,195,451,250,000
Strike 26800 has a total call value of 1,294,422,375,000 versus a total put value of 873,750,000 Combined total value = 1,295,296,125,000
Strike 26850 has a total call value of 1,397,211,750,000 versus a total put value of 742,875,000 Combined total value = 1,397,954,625,000
Strike 26900 has a total call value of 1,500,757,875,000 versus a total put value of 615,000,000 Combined total value = 1,501,372,875,000
Strike 26950 has a total call value of 1,607,396,625,000 versus a total put value of 499,875,000 Combined total value = 1,607,896,500,000
Strike 27000 has a total call value of 1,715,221,125,000 versus a total put value of 387,000,000 Combined total value = 1,715,608,125,000
Strike 27050 has a total call value of 1,830,053,625,000 versus a total put value of 325,125,000 Combined total value = 1,830,378,750,000
Strike 27100 has a total call value of 1,945,505,625,000 versus a total put value of 266,250,000 Combined total value = 1,945,771,875,000
Strike 27150 has a total call value of 2,062,623,750,000 versus a total put value of 217,875,000 Combined total value = 2,062,841,625,000
Strike 27200 has a total call value of 2,180,043,750,000 versus a total put value of 172,125,000 Combined total value = 2,180,215,875,000
Strike 27250 has a total call value of 2,299,693,125,000 versus a total put value of 133,875,000 Combined total value = 2,299,827,000,000
Strike 27300 has a total call value of 2,419,501,125,000 versus a total put value of 99,375,000 Combined total value = 2,419,600,500,000
Strike 27350 has a total call value of 2,540,800,125,000 versus a total put value of 73,500,000 Combined total value = 2,540,873,625,000
Strike 27400 has a total call value of 2,662,287,000,000 versus a total put value of 54,000,000 Combined total value = 2,662,341,000,000
Strike 27450 has a total call value of 2,785,026,750,000 versus a total put value of 38,625,000 Combined total value = 2,785,065,375,000
Strike 27500 has a total call value of 2,907,988,875,000 versus a total put value of 25,500,000 Combined total value = 2,908,014,375,000
Strike 27550 has a total call value of 3,036,205,875,000 versus a total put value of 17,250,000 Combined total value = 3,036,223,125,000
Strike 27600 has a total call value of 3,165,004,875,000 versus a total put value of 10,500,000 Combined total value = 3,165,015,375,000
Strike 27650 has a total call value of 3,295,390,125,000 versus a total put value of 5,250,000 Combined total value = 3,295,395,375,000
Strike 27700 has a total call value of 3,426,020,250,000 versus a total put value of 2,625,000 Combined total value = 3,426,022,875,000
Strike 27750 has a total call value of 3,558,145,500,000 versus a total put value of 750,000 Combined total value = 3,558,146,250,000
Strike 27800 has a total call value of 3,690,367,500,000 versus a total put value of 0 Combined total value = 3,690,367,500,000
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.
































































































































































































































