NTPC
Ntpc LtdMax pain for NTPC
18 Oct 2025 04:57 PM IST
Max Pain for NTPC is 340
Strike 290 has a total call value of 0 versus a total put value of 72,115,500,000 Combined total value = 72,115,500,000
Strike 292.5 has a total call value of 375,000 versus a total put value of 68,311,500,000 Combined total value = 68,311,875,000
Strike 295 has a total call value of 750,000 versus a total put value of 64,507,500,000 Combined total value = 64,508,250,000
Strike 297.5 has a total call value of 1,125,000 versus a total put value of 60,703,500,000 Combined total value = 60,704,625,000
Strike 300 has a total call value of 1,500,000 versus a total put value of 56,899,500,000 Combined total value = 56,901,000,000
Strike 302.5 has a total call value of 1,875,000 versus a total put value of 53,296,125,000 Combined total value = 53,298,000,000
Strike 305 has a total call value of 2,250,000 versus a total put value of 49,692,750,000 Combined total value = 49,695,000,000
Strike 307.5 has a total call value of 2,625,000 versus a total put value of 46,294,500,000 Combined total value = 46,297,125,000
Strike 310 has a total call value of 3,000,000 versus a total put value of 42,896,250,000 Combined total value = 42,899,250,000
Strike 312.5 has a total call value of 3,375,000 versus a total put value of 39,710,250,000 Combined total value = 39,713,625,000
Strike 315 has a total call value of 3,750,000 versus a total put value of 36,530,250,000 Combined total value = 36,534,000,000
Strike 317.5 has a total call value of 4,125,000 versus a total put value of 33,384,750,000 Combined total value = 33,388,875,000
Strike 320 has a total call value of 4,500,000 versus a total put value of 30,239,250,000 Combined total value = 30,243,750,000
Strike 322.5 has a total call value of 81,000,000 versus a total put value of 27,262,875,000 Combined total value = 27,343,875,000
Strike 325 has a total call value of 169,500,000 versus a total put value of 24,312,000,000 Combined total value = 24,481,500,000
Strike 327.5 has a total call value of 274,875,000 versus a total put value of 21,507,000,000 Combined total value = 21,781,875,000
Strike 330 has a total call value of 393,375,000 versus a total put value of 18,741,750,000 Combined total value = 19,135,125,000
Strike 332.5 has a total call value of 617,250,000 versus a total put value of 16,335,750,000 Combined total value = 16,953,000,000
Strike 335 has a total call value of 895,875,000 versus a total put value of 14,041,125,000 Combined total value = 14,937,000,000
Strike 337.5 has a total call value of 1,318,500,000 versus a total put value of 12,064,500,000 Combined total value = 13,383,000,000
Strike 340 has a total call value of 1,821,000,000 versus a total put value of 10,203,375,000 Combined total value = 12,024,375,000
Strike 342.5 has a total call value of 3,739,875,000 versus a total put value of 8,830,125,000 Combined total value = 12,570,000,000
Strike 345 has a total call value of 6,319,875,000 versus a total put value of 7,686,375,000 Combined total value = 14,006,250,000
Strike 347.5 has a total call value of 11,317,875,000 versus a total put value of 6,816,375,000 Combined total value = 18,134,250,000
Strike 350 has a total call value of 17,432,625,000 versus a total put value of 6,022,875,000 Combined total value = 23,455,500,000
Strike 352.5 has a total call value of 25,260,000,000 versus a total put value of 5,395,125,000 Combined total value = 30,655,125,000
Strike 355 has a total call value of 33,224,250,000 versus a total put value of 4,794,375,000 Combined total value = 38,018,625,000
Strike 357.5 has a total call value of 41,496,000,000 versus a total put value of 4,213,500,000 Combined total value = 45,709,500,000
Strike 360 has a total call value of 49,796,250,000 versus a total put value of 3,645,000,000 Combined total value = 53,441,250,000
Strike 362.5 has a total call value of 58,691,625,000 versus a total put value of 3,189,375,000 Combined total value = 61,881,000,000
Strike 365 has a total call value of 67,618,125,000 versus a total put value of 2,733,750,000 Combined total value = 70,351,875,000
Strike 367.5 has a total call value of 76,624,500,000 versus a total put value of 2,278,125,000 Combined total value = 78,902,625,000
Strike 370 has a total call value of 85,651,500,000 versus a total put value of 1,822,500,000 Combined total value = 87,474,000,000
Strike 372.5 has a total call value of 95,262,750,000 versus a total put value of 1,366,875,000 Combined total value = 96,629,625,000
Strike 375 has a total call value of 104,874,000,000 versus a total put value of 911,250,000 Combined total value = 105,785,250,000
Strike 377.5 has a total call value of 114,810,000,000 versus a total put value of 455,625,000 Combined total value = 115,265,625,000
Strike 380 has a total call value of 124,746,000,000 versus a total put value of 0 Combined total value = 124,746,000,000
Strike 382.5 has a total call value of 135,190,500,000 versus a total put value of 0 Combined total value = 135,190,500,000
Strike 385 has a total call value of 145,635,000,000 versus a total put value of 0 Combined total value = 145,635,000,000
Strike 387.5 has a total call value of 156,079,500,000 versus a total put value of 0 Combined total value = 156,079,500,000
Strike 390 has a total call value of 166,524,000,000 versus a total put value of 0 Combined total value = 166,524,000,000
Strike 392.5 has a total call value of 177,112,875,000 versus a total put value of 0 Combined total value = 177,112,875,000
Strike 395 has a total call value of 187,701,750,000 versus a total put value of 0 Combined total value = 187,701,750,000
Strike 397.5 has a total call value of 198,290,625,000 versus a total put value of 0 Combined total value = 198,290,625,000
Strike 400 has a total call value of 208,879,500,000 versus a total put value of 0 Combined total value = 208,879,500,000
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.




























































































































































































































