NYKAA
Fsn E Commerce Ventures
Max pain for NYKAA
28 Sep 2025 10:09 PM IST
Max Pain for NYKAA is 240
Strike 200 has a total call value of 0 versus a total put value of 3,745,312,500 Combined total value = 3,745,312,500
Strike 202.5 has a total call value of 0 versus a total put value of 3,433,593,750 Combined total value = 3,433,593,750
Strike 205 has a total call value of 0 versus a total put value of 3,121,875,000 Combined total value = 3,121,875,000
Strike 207.5 has a total call value of 0 versus a total put value of 2,811,718,750 Combined total value = 2,811,718,750
Strike 210 has a total call value of 0 versus a total put value of 2,501,562,500 Combined total value = 2,501,562,500
Strike 212.5 has a total call value of 0 versus a total put value of 2,207,812,500 Combined total value = 2,207,812,500
Strike 215 has a total call value of 0 versus a total put value of 1,914,062,500 Combined total value = 1,914,062,500
Strike 217.5 has a total call value of 0 versus a total put value of 1,628,906,250 Combined total value = 1,628,906,250
Strike 220 has a total call value of 0 versus a total put value of 1,343,750,000 Combined total value = 1,343,750,000
Strike 222.5 has a total call value of 3,125,000 versus a total put value of 1,132,812,500 Combined total value = 1,135,937,500
Strike 225 has a total call value of 6,250,000 versus a total put value of 927,343,750 Combined total value = 933,593,750
Strike 227.5 has a total call value of 9,375,000 versus a total put value of 737,500,000 Combined total value = 746,875,000
Strike 230 has a total call value of 13,281,250 versus a total put value of 550,781,250 Combined total value = 564,062,500
Strike 232.5 has a total call value of 46,875,000 versus a total put value of 432,812,500 Combined total value = 479,687,500
Strike 235 has a total call value of 80,468,750 versus a total put value of 314,843,750 Combined total value = 395,312,500
Strike 237.5 has a total call value of 136,718,750 versus a total put value of 225,000,000 Combined total value = 361,718,750
Strike 240 has a total call value of 204,687,500 versus a total put value of 135,156,250 Combined total value = 339,843,750
Strike 242.5 has a total call value of 385,156,250 versus a total put value of 95,312,500 Combined total value = 480,468,750
Strike 245 has a total call value of 565,625,000 versus a total put value of 55,468,750 Combined total value = 621,093,750
Strike 247.5 has a total call value of 792,187,500 versus a total put value of 25,000,000 Combined total value = 817,187,500
Strike 250 has a total call value of 1,023,437,500 versus a total put value of 0 Combined total value = 1,023,437,500
Strike 252.5 has a total call value of 1,378,125,000 versus a total put value of 0 Combined total value = 1,378,125,000
Strike 255 has a total call value of 1,732,812,500 versus a total put value of 0 Combined total value = 1,732,812,500
Strike 257.5 has a total call value of 2,100,781,250 versus a total put value of 0 Combined total value = 2,100,781,250
Strike 260 has a total call value of 2,468,750,000 versus a total put value of 0 Combined total value = 2,468,750,000
Strike 262.5 has a total call value of 2,863,281,250 versus a total put value of 0 Combined total value = 2,863,281,250
Strike 265 has a total call value of 3,257,812,500 versus a total put value of 0 Combined total value = 3,257,812,500
Strike 267.5 has a total call value of 3,652,343,750 versus a total put value of 0 Combined total value = 3,652,343,750
Strike 270 has a total call value of 4,046,875,000 versus a total put value of 0 Combined total value = 4,046,875,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1024 | 1100 |
| ABB | 5183.3 | 5400 |
| ABCAPITAL | 292.35 | 285 |
| ADANIENSOL | 872.25 | 900 |
| ADANIENT | 2505.9 | 2600 |
| ADANIGREEN | 1026.85 | 1100 |
| ADANIPORTS | 1403.5 | 1440 |
| ALKEM | 5425 | 5500 |
| AMBER | 8089 | 8400 |
| AMBUJACEM | 569.95 | 600 |
| ANGELONE | 2132.5 | 2200 |
| APLAPOLLO | 1686.1 | 1700 |
| APOLLOHOSP | 7409 | 7650 |
| ASHOKLEY | 142.67 | 140 |
| ASIANPAINT | 2350 | 2420 |
| ASTRAL | 1366.4 | 1460 |
| AUBANK | 731.4 | 740 |
| AUROPHARMA | 1083.9 | 1100 |
| AXISBANK | 1131.6 | 1140 |
| BAJAJ-AUTO | 8678.5 | 9000 |
| BAJAJFINSV | 2006.4 | 2020 |
| BAJFINANCE | 998.9 | 1000 |
| BANDHANBNK | 162.21 | 162.5 |
| BANKBARODA | 258.54 | 250 |
| BANKINDIA | 123.41 | 120 |
| BDL | 1493.2 | 1600 |
| BEL | 403.95 | 400 |
| BHARATFORG | 1212.4 | 1220 |
| BHARTIARTL | 1878.4 | 1920 |
| BHEL | 238.45 | 240 |
| BIOCON | 341 | 360 |
| BLUESTARCO | 1881 | 1940 |
| BOSCHLTD | 38145 | 39000 |
| BPCL | 339.65 | 330 |
| BRITANNIA | 5991 | 6000 |
| BSE | 2040.2 | 2150 |
| CAMS | 3758.6 | 4000 |
| CANBK | 123.71 | 120 |
| CDSL | 1458.6 | 1540 |
| CGPOWER | 740.95 | 760 |
| CHOLAFIN | 1610.8 | 1580 |
| CIPLA | 1503.3 | 1520 |
| COALINDIA | 389.95 | 400 |
| COFORGE | 1591 | 1640 |
| COLPAL | 2222.4 | 2340 |
| CONCOR | 525.8 | 550 |
| CROMPTON | 291.3 | 305 |
| CUMMINSIND | 3926.5 | 4000 |
| CYIENT | 1146.2 | 1200 |
| DABUR | 491.3 | 510 |
| DALBHARAT | 2227.2 | 2320 |
| DELHIVERY | 450.05 | 460 |
| DIVISLAB | 5689.5 | 6000 |
| DIXON | 16322 | 18000 |
| DLF | 713 | 740 |
| DMART | 4475.4 | 4600 |
| DRREDDY | 1223.7 | 1300 |
| EICHERMOT | 7005.5 | 7000 |
| ETERNAL | 325.5 | 320 |
| EXIDEIND | 390.75 | 400 |
| FEDERALBNK | 192.93 | 200 |
| FORTIS | 969.8 | 930 |
| GAIL | 176.29 | 180 |
| GLENMARK | 1952.7 | 2000 |
| GMRAIRPORT | 87.2 | 90 |
| GODREJCP | 1166.9 | 1200 |
| GODREJPROP | 1968.8 | 2000 |
| GRASIM | 2756.9 | 2800 |
| HAL | 4746.5 | 4800 |
| HAVELLS | 1502 | 1560 |
| HCLTECH | 1385.1 | 1440 |
| HDFCAMC | 5532.5 | 5800 |
| HDFCBANK | 951 | 960 |
| HDFCLIFE | 756.45 | 770 |
| HEROMOTOCO | 5472.5 | 5350 |
| HFCL | 72.88 | 75 |
| HINDALCO | 761.95 | 750 |
| HINDPETRO | 443.4 | 420 |
| HINDUNILVR | 2514.4 | 2600 |
| HINDZINC | 482.45 | 460 |
| HUDCO | 223.63 | 230 |
| ICICIBANK | 1348 | 1400 |
| ICICIGI | 1889.8 | 1900 |
| ICICIPRULI | 595.2 | 600 |
| IDEA | 8.13 | 8 |
| IDFCFIRSTB | 69.77 | 71 |
| IEX | 139.19 | 145 |
| IGL | 208.54 | 210 |
| IIFL | 451.9 | 450 |
| INDHOTEL | 720.3 | 750 |
| INDIANB | 750.7 | 710 |
| INDIGO | 5594.5 | 5800 |
| INDUSINDBK | 735.55 | 750 |
| INDUSTOWER | 342.9 | 360 |
| INFY | 1441.8 | 1500 |
| INOXWIND | 140.24 | 145 |
| IOC | 149.79 | 147.5 |
| IRCTC | 700.4 | 730 |
| IREDA | 148.7 | 155 |
| IRFC | 123.51 | 130 |
| ITC | 401.55 | 410 |
| JINDALSTEL | 1063.75 | 1050 |
| JIOFIN | 293.2 | 315 |
| JSWENERGY | 530.85 | 530 |
| JSWSTEEL | 1142.7 | 1120 |
| JUBLFOOD | 617.4 | 630 |
| KALYANKJIL | 454.3 | 480 |
| KAYNES | 7052 | 7000 |
| KEI | 4062.3 | 4150 |
| KFINTECH | 1051.7 | 1100 |
| KOTAKBANK | 1992.7 | 2040 |
| KPITTECH | 1097.7 | 1260 |
| LAURUSLABS | 841.8 | 880 |
| LICHSGFIN | 565 | 590 |
| LICI | 900.35 | 900 |
| LODHA | 1135.8 | 1200 |
| LT | 3659 | 3700 |
| LTF | 249.28 | 240 |
| LTIM | 5157.5 | 5200 |
| LUPIN | 1911.3 | 2000 |
| M&M | 3427 | 3500 |
| MANAPPURAM | 280.8 | 280 |
| MANKIND | 2435.7 | 2600 |
| MARICO | 697.4 | 710 |
| MARUTI | 16029 | 16000 |
| MAXHEALTH | 1114.7 | 1160 |
| MAZDOCK | 2761.5 | 3000 |
| MCX | 7796 | 8000 |
| MFSL | 1575.9 | 1600 |
| MOTHERSON | 105.65 | 107.5 |
| MPHASIS | 2654.8 | 2800 |
| MUTHOOTFIN | 3077.1 | 3000 |
| NATIONALUM | 213.87 | 210 |
| NAUKRI | 1309.3 | 1400 |
| NBCC | 107.08 | 110 |
| NCC | 207.58 | 210 |
| NESTLEIND | 1152.9 | 1190 |
| NHPC | 86.32 | 85 |
| NMDC | 76.35 | 78 |
| NTPC | 340.45 | 345 |
| NUVAMA | 6305 | 6200 |
| NYKAA | 232.38 | 240 |
| OBEROIRLTY | 1582.1 | 1640 |
| OFSS | 8403 | 9000 |
| OIL | 413.8 | 420 |
| ONGC | 239.5 | 240 |
| PAGEIND | 40685 | 43000 |
| PATANJALI | 575.8 | 600 |
| PAYTM | 1123.8 | 1180 |
| PERSISTENT | 4822.5 | 5200 |
| PETRONET | 278.8 | 280 |
| PFC | 410.25 | 410 |
| PGEL | 502.3 | 540 |
| PHOENIXLTD | 1555.5 | 1600 |
| PIDILITIND | 1468 | 1500 |
| PIIND | 3513.5 | 3600 |
| PNB | 112.83 | 110 |
| PNBHOUSING | 863.6 | 860 |
| POLICYBZR | 1702 | 1700 |
| POLYCAB | 7286 | 7400 |
| POWERGRID | 280.25 | 290 |
| PPLPHARMA | 191.16 | 200 |
| PRESTIGE | 1510.1 | 1560 |
| RBLBANK | 277.25 | 270 |
| RECLTD | 372.85 | 380 |
| RELIANCE | 1364 | 1400 |
| RVNL | 339.45 | 350 |
| SAIL | 134.48 | 135 |
| SAMMAANCAP | 160.86 | 140 |
| SBICARD | 876.95 | 880 |
| SBILIFE | 1790.6 | 1800 |
| SBIN | 872.45 | 860 |
| SHREECEM | 29265 | 30000 |
| SHRIRAMFIN | 616.1 | 630 |
| SIEMENS | 3129.2 | 3200 |
| SILVER | 0 | 135000 |
| SILVERM | 142300 | 137000 |
| SOLARINDS | 13326 | 14250 |
| SONACOMS | 411.75 | 420 |
| SRF | 2823.6 | 2900 |
| SUNPHARMA | 1594.3 | 1600 |
| SUPREMEIND | 4219.6 | 4400 |
| SUZLON | 55.05 | 57 |
| SYNGENE | 622.85 | 640 |
| TATACONSUM | 1129.3 | 1120 |
| TATAELXSI | 5227 | 5500 |
| TATAMOTORS | 680.2 | 700 |
| TATAPOWER | 388.65 | 400 |
| TATASTEEL | 168.77 | 170 |
| TATATECH | 669.5 | 700 |
| TCS | 2888.4 | 3000 |
| TECHM | 1400.3 | 1500 |
| TIINDIA | 3096.7 | 3200 |
| TITAGARH | 872.85 | 900 |
| TITAN | 3367 | 3400 |
| TORNTPHARM | 3603.2 | 3550 |
| TORNTPOWER | 1218.9 | 1300 |
| TRENT | 4677.5 | 4900 |
| TVSMOTOR | 3438.7 | 3400 |
| ULTRACEMCO | 12222 | 12400 |
| UNIONBANK | 138.51 | 140 |
| UNITDSPR | 1324.3 | 1360 |
| UNOMINDA | 1298.8 | 1300 |
| UPL | 655.8 | 680 |
| VBL | 443.7 | 460 |
| VEDL | 465.8 | 460 |
| VOLTAS | 1353.5 | 1380 |
| WIPRO | 239.37 | 247.5 |
| YESBANK | 21.25 | 21 |
| ZYDUSLIFE | 981.9 | 1020 |
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.
