SAIL
Steel Authority Of IndiaMax pain for SAIL
02 Nov 2025 04:11 PM IST
Max Pain for SAIL is 135
Strike 110 has a total call value of 0 versus a total put value of 72,273,780,000 Combined total value = 72,273,780,000
Strike 111 has a total call value of 0 versus a total put value of 69,183,530,000 Combined total value = 69,183,530,000
Strike 112 has a total call value of 0 versus a total put value of 66,093,280,000 Combined total value = 66,093,280,000
Strike 113 has a total call value of 0 versus a total put value of 63,003,030,000 Combined total value = 63,003,030,000
Strike 114 has a total call value of 0 versus a total put value of 59,912,780,000 Combined total value = 59,912,780,000
Strike 115 has a total call value of 0 versus a total put value of 56,822,530,000 Combined total value = 56,822,530,000
Strike 116 has a total call value of 0 versus a total put value of 53,732,280,000 Combined total value = 53,732,280,000
Strike 117 has a total call value of 0 versus a total put value of 50,642,030,000 Combined total value = 50,642,030,000
Strike 118 has a total call value of 0 versus a total put value of 47,572,460,000 Combined total value = 47,572,460,000
Strike 119 has a total call value of 0 versus a total put value of 44,534,850,000 Combined total value = 44,534,850,000
Strike 120 has a total call value of 0 versus a total put value of 41,497,240,000 Combined total value = 41,497,240,000
Strike 121 has a total call value of 218,550,000 versus a total put value of 38,694,160,000 Combined total value = 38,912,710,000
Strike 122 has a total call value of 437,100,000 versus a total put value of 35,912,230,000 Combined total value = 36,349,330,000
Strike 123 has a total call value of 655,650,000 versus a total put value of 33,155,680,000 Combined total value = 33,811,330,000
Strike 124 has a total call value of 885,480,000 versus a total put value of 30,419,340,000 Combined total value = 31,304,820,000
Strike 125 has a total call value of 1,115,310,000 versus a total put value of 27,697,570,000 Combined total value = 28,812,880,000
Strike 126 has a total call value of 1,384,620,000 versus a total put value of 25,172,260,000 Combined total value = 26,556,880,000
Strike 127 has a total call value of 1,662,860,000 versus a total put value of 22,676,090,000 Combined total value = 24,338,950,000
Strike 128 has a total call value of 1,948,620,000 versus a total put value of 20,273,450,000 Combined total value = 22,222,070,000
Strike 129 has a total call value of 2,242,840,000 versus a total put value of 17,954,940,000 Combined total value = 20,197,780,000
Strike 130 has a total call value of 2,546,460,000 versus a total put value of 15,676,850,000 Combined total value = 18,223,310,000
Strike 131 has a total call value of 3,152,760,000 versus a total put value of 13,825,990,000 Combined total value = 16,978,750,000
Strike 132 has a total call value of 3,775,510,000 versus a total put value of 12,088,870,000 Combined total value = 15,864,380,000
Strike 133 has a total call value of 4,507,770,000 versus a total put value of 10,450,450,000 Combined total value = 14,958,220,000
Strike 134 has a total call value of 5,253,660,000 versus a total put value of 8,899,920,000 Combined total value = 14,153,580,000
Strike 135 has a total call value of 6,045,140,000 versus a total put value of 7,413,310,000 Combined total value = 13,458,450,000
Strike 136 has a total call value of 7,195,230,000 versus a total put value of 6,294,710,000 Combined total value = 13,489,940,000
Strike 137 has a total call value of 8,399,840,000 versus a total put value of 5,241,910,000 Combined total value = 13,641,750,000
Strike 138 has a total call value of 9,726,180,000 versus a total put value of 4,318,360,000 Combined total value = 14,044,540,000
Strike 139 has a total call value of 11,177,540,000 versus a total put value of 3,506,200,000 Combined total value = 14,683,740,000
Strike 140 has a total call value of 12,717,260,000 versus a total put value of 2,740,570,000 Combined total value = 15,457,830,000
Strike 141 has a total call value of 15,181,000,000 versus a total put value of 2,263,520,000 Combined total value = 17,444,520,000
Strike 142 has a total call value of 17,761,770,000 versus a total put value of 1,831,590,000 Combined total value = 19,593,360,000
Strike 143 has a total call value of 20,528,660,000 versus a total put value of 1,470,160,000 Combined total value = 21,998,820,000
Strike 144 has a total call value of 23,457,230,000 versus a total put value of 1,166,070,000 Combined total value = 24,623,300,000
Strike 145 has a total call value of 26,467,110,000 versus a total put value of 904,280,000 Combined total value = 27,371,390,000
Strike 146 has a total call value of 30,137,810,000 versus a total put value of 760,460,000 Combined total value = 30,898,270,000
Strike 147 has a total call value of 33,885,590,000 versus a total put value of 630,270,000 Combined total value = 34,515,860,000
Strike 148 has a total call value of 37,677,080,000 versus a total put value of 519,820,000 Combined total value = 38,196,900,000
Strike 149 has a total call value of 41,517,920,000 versus a total put value of 409,370,000 Combined total value = 41,927,290,000
Strike 150 has a total call value of 45,383,200,000 versus a total put value of 310,670,000 Combined total value = 45,693,870,000
Strike 151 has a total call value of 49,917,760,000 versus a total put value of 257,090,000 Combined total value = 50,174,850,000
Strike 152 has a total call value of 54,486,160,000 versus a total put value of 203,510,000 Combined total value = 54,689,670,000
Strike 153 has a total call value of 59,118,010,000 versus a total put value of 160,740,000 Combined total value = 59,278,750,000
Strike 154 has a total call value of 63,769,130,000 versus a total put value of 117,970,000 Combined total value = 63,887,100,000
Strike 155 has a total call value of 68,475,710,000 versus a total put value of 75,200,000 Combined total value = 68,550,910,000
Strike 156 has a total call value of 73,335,980,000 versus a total put value of 35,720,000 Combined total value = 73,371,700,000
Strike 157 has a total call value of 78,337,250,000 versus a total put value of 26,790,000 Combined total value = 78,364,040,000
Strike 158 has a total call value of 83,354,030,000 versus a total put value of 17,860,000 Combined total value = 83,371,890,000
Strike 159 has a total call value of 88,485,960,000 versus a total put value of 8,930,000 Combined total value = 88,494,890,000
Strike 160 has a total call value of 93,617,890,000 versus a total put value of 0 Combined total value = 93,617,890,000
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.
































































































































































































































