NIFTYNXT50
Nifty Next 50
Max pain for NIFTYNXT50
25 Oct 2025 03:50 PM IST
Max Pain for NIFTYNXT50 is 69000
Strike 55500 has a total call value of 0 versus a total put value of 16,894,500,000 Combined total value = 16,894,500,000
Strike 55600 has a total call value of 0 versus a total put value of 16,754,500,000 Combined total value = 16,754,500,000
Strike 55700 has a total call value of 0 versus a total put value of 16,614,500,000 Combined total value = 16,614,500,000
Strike 55800 has a total call value of 0 versus a total put value of 16,474,500,000 Combined total value = 16,474,500,000
Strike 55900 has a total call value of 0 versus a total put value of 16,334,500,000 Combined total value = 16,334,500,000
Strike 56000 has a total call value of 0 versus a total put value of 16,194,500,000 Combined total value = 16,194,500,000
Strike 56100 has a total call value of 0 versus a total put value of 16,058,000,000 Combined total value = 16,058,000,000
Strike 56200 has a total call value of 0 versus a total put value of 15,921,500,000 Combined total value = 15,921,500,000
Strike 56300 has a total call value of 0 versus a total put value of 15,785,000,000 Combined total value = 15,785,000,000
Strike 56400 has a total call value of 0 versus a total put value of 15,648,500,000 Combined total value = 15,648,500,000
Strike 56500 has a total call value of 0 versus a total put value of 15,512,000,000 Combined total value = 15,512,000,000
Strike 56600 has a total call value of 0 versus a total put value of 15,375,500,000 Combined total value = 15,375,500,000
Strike 56700 has a total call value of 0 versus a total put value of 15,239,000,000 Combined total value = 15,239,000,000
Strike 56800 has a total call value of 0 versus a total put value of 15,102,500,000 Combined total value = 15,102,500,000
Strike 56900 has a total call value of 0 versus a total put value of 14,966,000,000 Combined total value = 14,966,000,000
Strike 57000 has a total call value of 0 versus a total put value of 14,829,500,000 Combined total value = 14,829,500,000
Strike 57100 has a total call value of 0 versus a total put value of 14,693,250,000 Combined total value = 14,693,250,000
Strike 57200 has a total call value of 0 versus a total put value of 14,557,000,000 Combined total value = 14,557,000,000
Strike 57300 has a total call value of 0 versus a total put value of 14,420,750,000 Combined total value = 14,420,750,000
Strike 57400 has a total call value of 0 versus a total put value of 14,284,500,000 Combined total value = 14,284,500,000
Strike 57500 has a total call value of 0 versus a total put value of 14,148,250,000 Combined total value = 14,148,250,000
Strike 57600 has a total call value of 0 versus a total put value of 14,012,000,000 Combined total value = 14,012,000,000
Strike 57700 has a total call value of 0 versus a total put value of 13,875,750,000 Combined total value = 13,875,750,000
Strike 57800 has a total call value of 0 versus a total put value of 13,739,500,000 Combined total value = 13,739,500,000
Strike 57900 has a total call value of 0 versus a total put value of 13,603,250,000 Combined total value = 13,603,250,000
Strike 58000 has a total call value of 0 versus a total put value of 13,467,000,000 Combined total value = 13,467,000,000
Strike 58100 has a total call value of 0 versus a total put value of 13,330,750,000 Combined total value = 13,330,750,000
Strike 58200 has a total call value of 0 versus a total put value of 13,194,500,000 Combined total value = 13,194,500,000
Strike 58300 has a total call value of 0 versus a total put value of 13,058,250,000 Combined total value = 13,058,250,000
Strike 58400 has a total call value of 0 versus a total put value of 12,922,000,000 Combined total value = 12,922,000,000
Strike 58500 has a total call value of 0 versus a total put value of 12,785,750,000 Combined total value = 12,785,750,000
Strike 58600 has a total call value of 0 versus a total put value of 12,649,500,000 Combined total value = 12,649,500,000
Strike 58700 has a total call value of 0 versus a total put value of 12,513,250,000 Combined total value = 12,513,250,000
Strike 58800 has a total call value of 0 versus a total put value of 12,377,000,000 Combined total value = 12,377,000,000
Strike 58900 has a total call value of 0 versus a total put value of 12,240,750,000 Combined total value = 12,240,750,000
Strike 59000 has a total call value of 0 versus a total put value of 12,104,500,000 Combined total value = 12,104,500,000
Strike 59100 has a total call value of 0 versus a total put value of 11,968,250,000 Combined total value = 11,968,250,000
Strike 59200 has a total call value of 0 versus a total put value of 11,832,000,000 Combined total value = 11,832,000,000
Strike 59300 has a total call value of 0 versus a total put value of 11,695,750,000 Combined total value = 11,695,750,000
Strike 59400 has a total call value of 0 versus a total put value of 11,559,500,000 Combined total value = 11,559,500,000
Strike 59500 has a total call value of 0 versus a total put value of 11,423,250,000 Combined total value = 11,423,250,000
Strike 59600 has a total call value of 0 versus a total put value of 11,287,000,000 Combined total value = 11,287,000,000
Strike 59700 has a total call value of 0 versus a total put value of 11,150,750,000 Combined total value = 11,150,750,000
Strike 59800 has a total call value of 0 versus a total put value of 11,014,500,000 Combined total value = 11,014,500,000
Strike 59900 has a total call value of 0 versus a total put value of 10,878,250,000 Combined total value = 10,878,250,000
Strike 60000 has a total call value of 0 versus a total put value of 10,742,000,000 Combined total value = 10,742,000,000
Strike 60100 has a total call value of 0 versus a total put value of 10,605,750,000 Combined total value = 10,605,750,000
Strike 60200 has a total call value of 0 versus a total put value of 10,469,500,000 Combined total value = 10,469,500,000
Strike 60300 has a total call value of 0 versus a total put value of 10,333,250,000 Combined total value = 10,333,250,000
Strike 60400 has a total call value of 0 versus a total put value of 10,197,000,000 Combined total value = 10,197,000,000
Strike 60500 has a total call value of 0 versus a total put value of 10,060,750,000 Combined total value = 10,060,750,000
Strike 60600 has a total call value of 0 versus a total put value of 9,924,500,000 Combined total value = 9,924,500,000
Strike 60700 has a total call value of 0 versus a total put value of 9,788,250,000 Combined total value = 9,788,250,000
Strike 60800 has a total call value of 0 versus a total put value of 9,652,000,000 Combined total value = 9,652,000,000
Strike 60900 has a total call value of 0 versus a total put value of 9,515,750,000 Combined total value = 9,515,750,000
Strike 61000 has a total call value of 0 versus a total put value of 9,379,500,000 Combined total value = 9,379,500,000
Strike 61100 has a total call value of 0 versus a total put value of 9,243,250,000 Combined total value = 9,243,250,000
Strike 61200 has a total call value of 0 versus a total put value of 9,107,000,000 Combined total value = 9,107,000,000
Strike 61300 has a total call value of 0 versus a total put value of 8,970,750,000 Combined total value = 8,970,750,000
Strike 61400 has a total call value of 0 versus a total put value of 8,834,500,000 Combined total value = 8,834,500,000
Strike 61500 has a total call value of 0 versus a total put value of 8,698,250,000 Combined total value = 8,698,250,000
Strike 61600 has a total call value of 0 versus a total put value of 8,562,000,000 Combined total value = 8,562,000,000
Strike 61700 has a total call value of 0 versus a total put value of 8,425,750,000 Combined total value = 8,425,750,000
Strike 61800 has a total call value of 0 versus a total put value of 8,289,500,000 Combined total value = 8,289,500,000
Strike 61900 has a total call value of 0 versus a total put value of 8,153,250,000 Combined total value = 8,153,250,000
Strike 62000 has a total call value of 0 versus a total put value of 8,017,000,000 Combined total value = 8,017,000,000
Strike 62100 has a total call value of 0 versus a total put value of 7,880,750,000 Combined total value = 7,880,750,000
Strike 62200 has a total call value of 0 versus a total put value of 7,744,500,000 Combined total value = 7,744,500,000
Strike 62300 has a total call value of 0 versus a total put value of 7,608,250,000 Combined total value = 7,608,250,000
Strike 62400 has a total call value of 0 versus a total put value of 7,472,000,000 Combined total value = 7,472,000,000
Strike 62500 has a total call value of 0 versus a total put value of 7,335,750,000 Combined total value = 7,335,750,000
Strike 62600 has a total call value of 0 versus a total put value of 7,199,500,000 Combined total value = 7,199,500,000
Strike 62700 has a total call value of 0 versus a total put value of 7,063,250,000 Combined total value = 7,063,250,000
Strike 62800 has a total call value of 0 versus a total put value of 6,927,000,000 Combined total value = 6,927,000,000
Strike 62900 has a total call value of 0 versus a total put value of 6,790,750,000 Combined total value = 6,790,750,000
Strike 63000 has a total call value of 0 versus a total put value of 6,654,500,000 Combined total value = 6,654,500,000
Strike 63100 has a total call value of 0 versus a total put value of 6,518,250,000 Combined total value = 6,518,250,000
Strike 63200 has a total call value of 0 versus a total put value of 6,382,000,000 Combined total value = 6,382,000,000
Strike 63300 has a total call value of 0 versus a total put value of 6,245,750,000 Combined total value = 6,245,750,000
Strike 63400 has a total call value of 0 versus a total put value of 6,109,500,000 Combined total value = 6,109,500,000
Strike 63500 has a total call value of 0 versus a total put value of 5,973,250,000 Combined total value = 5,973,250,000
Strike 63600 has a total call value of 0 versus a total put value of 5,837,000,000 Combined total value = 5,837,000,000
Strike 63700 has a total call value of 0 versus a total put value of 5,700,750,000 Combined total value = 5,700,750,000
Strike 63800 has a total call value of 0 versus a total put value of 5,564,500,000 Combined total value = 5,564,500,000
Strike 63900 has a total call value of 0 versus a total put value of 5,428,250,000 Combined total value = 5,428,250,000
Strike 64000 has a total call value of 0 versus a total put value of 5,292,000,000 Combined total value = 5,292,000,000
Strike 64100 has a total call value of 0 versus a total put value of 5,155,750,000 Combined total value = 5,155,750,000
Strike 64200 has a total call value of 0 versus a total put value of 5,019,500,000 Combined total value = 5,019,500,000
Strike 64300 has a total call value of 0 versus a total put value of 4,883,250,000 Combined total value = 4,883,250,000
Strike 64400 has a total call value of 0 versus a total put value of 4,747,000,000 Combined total value = 4,747,000,000
Strike 64500 has a total call value of 0 versus a total put value of 4,610,750,000 Combined total value = 4,610,750,000
Strike 64600 has a total call value of 0 versus a total put value of 4,474,500,000 Combined total value = 4,474,500,000
Strike 64700 has a total call value of 0 versus a total put value of 4,338,250,000 Combined total value = 4,338,250,000
Strike 64800 has a total call value of 0 versus a total put value of 4,202,000,000 Combined total value = 4,202,000,000
Strike 64900 has a total call value of 0 versus a total put value of 4,065,750,000 Combined total value = 4,065,750,000
Strike 65000 has a total call value of 0 versus a total put value of 3,929,500,000 Combined total value = 3,929,500,000
Strike 65100 has a total call value of 0 versus a total put value of 3,793,250,000 Combined total value = 3,793,250,000
Strike 65200 has a total call value of 0 versus a total put value of 3,657,000,000 Combined total value = 3,657,000,000
Strike 65300 has a total call value of 0 versus a total put value of 3,520,750,000 Combined total value = 3,520,750,000
Strike 65400 has a total call value of 0 versus a total put value of 3,384,500,000 Combined total value = 3,384,500,000
Strike 65500 has a total call value of 0 versus a total put value of 3,248,250,000 Combined total value = 3,248,250,000
Strike 65600 has a total call value of 0 versus a total put value of 3,112,000,000 Combined total value = 3,112,000,000
Strike 65700 has a total call value of 0 versus a total put value of 2,975,750,000 Combined total value = 2,975,750,000
Strike 65800 has a total call value of 0 versus a total put value of 2,839,500,000 Combined total value = 2,839,500,000
Strike 65900 has a total call value of 0 versus a total put value of 2,703,250,000 Combined total value = 2,703,250,000
Strike 66000 has a total call value of 0 versus a total put value of 2,567,000,000 Combined total value = 2,567,000,000
Strike 66100 has a total call value of 0 versus a total put value of 2,430,750,000 Combined total value = 2,430,750,000
Strike 66200 has a total call value of 0 versus a total put value of 2,294,500,000 Combined total value = 2,294,500,000
Strike 66300 has a total call value of 0 versus a total put value of 2,158,250,000 Combined total value = 2,158,250,000
Strike 66400 has a total call value of 0 versus a total put value of 2,022,000,000 Combined total value = 2,022,000,000
Strike 66500 has a total call value of 0 versus a total put value of 1,885,750,000 Combined total value = 1,885,750,000
Strike 66600 has a total call value of 2,500,000 versus a total put value of 1,749,500,000 Combined total value = 1,752,000,000
Strike 66700 has a total call value of 5,000,000 versus a total put value of 1,613,250,000 Combined total value = 1,618,250,000
Strike 66800 has a total call value of 7,500,000 versus a total put value of 1,477,000,000 Combined total value = 1,484,500,000
Strike 66900 has a total call value of 10,000,000 versus a total put value of 1,340,750,000 Combined total value = 1,350,750,000
Strike 67000 has a total call value of 12,500,000 versus a total put value of 1,204,500,000 Combined total value = 1,217,000,000
Strike 67100 has a total call value of 19,500,000 versus a total put value of 1,090,000,000 Combined total value = 1,109,500,000
Strike 67200 has a total call value of 26,500,000 versus a total put value of 975,500,000 Combined total value = 1,002,000,000
Strike 67300 has a total call value of 33,500,000 versus a total put value of 861,000,000 Combined total value = 894,500,000
Strike 67400 has a total call value of 40,500,000 versus a total put value of 746,500,000 Combined total value = 787,000,000
Strike 67500 has a total call value of 47,500,000 versus a total put value of 632,000,000 Combined total value = 679,500,000
Strike 67600 has a total call value of 54,500,000 versus a total put value of 566,500,000 Combined total value = 621,000,000
Strike 67700 has a total call value of 61,500,000 versus a total put value of 501,000,000 Combined total value = 562,500,000
Strike 67800 has a total call value of 68,500,000 versus a total put value of 435,500,000 Combined total value = 504,000,000
Strike 67900 has a total call value of 75,500,000 versus a total put value of 370,000,000 Combined total value = 445,500,000
Strike 68000 has a total call value of 83,250,000 versus a total put value of 304,500,000 Combined total value = 387,750,000
Strike 68100 has a total call value of 98,000,000 versus a total put value of 268,500,000 Combined total value = 366,500,000
Strike 68200 has a total call value of 112,750,000 versus a total put value of 232,500,000 Combined total value = 345,250,000
Strike 68300 has a total call value of 127,500,000 versus a total put value of 198,500,000 Combined total value = 326,000,000
Strike 68400 has a total call value of 142,250,000 versus a total put value of 164,500,000 Combined total value = 306,750,000
Strike 68500 has a total call value of 157,000,000 versus a total put value of 133,250,000 Combined total value = 290,250,000
Strike 68600 has a total call value of 175,250,000 versus a total put value of 108,750,000 Combined total value = 284,000,000
Strike 68700 has a total call value of 193,500,000 versus a total put value of 84,250,000 Combined total value = 277,750,000
Strike 68800 has a total call value of 211,750,000 versus a total put value of 60,500,000 Combined total value = 272,250,000
Strike 68900 has a total call value of 230,000,000 versus a total put value of 38,000,000 Combined total value = 268,000,000
Strike 69000 has a total call value of 248,250,000 versus a total put value of 16,500,000 Combined total value = 264,750,000
Strike 69100 has a total call value of 274,000,000 versus a total put value of 12,250,000 Combined total value = 286,250,000
Strike 69200 has a total call value of 302,500,000 versus a total put value of 9,250,000 Combined total value = 311,750,000
Strike 69300 has a total call value of 344,750,000 versus a total put value of 6,250,000 Combined total value = 351,000,000
Strike 69400 has a total call value of 389,750,000 versus a total put value of 3,250,000 Combined total value = 393,000,000
Strike 69500 has a total call value of 439,500,000 versus a total put value of 750,000 Combined total value = 440,250,000
Strike 69600 has a total call value of 504,500,000 versus a total put value of 0 Combined total value = 504,500,000
Strike 69700 has a total call value of 570,250,000 versus a total put value of 0 Combined total value = 570,250,000
Strike 69800 has a total call value of 636,000,000 versus a total put value of 0 Combined total value = 636,000,000
Strike 69900 has a total call value of 711,000,000 versus a total put value of 0 Combined total value = 711,000,000
Strike 70000 has a total call value of 791,000,000 versus a total put value of 0 Combined total value = 791,000,000
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.
