SBIN
State Bank Of IndiaMax pain for SBIN
01 Nov 2025 08:10 PM IST
Max Pain for SBIN is 930
Strike 760 has a total call value of 0 versus a total put value of 318,741,000,000 Combined total value = 318,741,000,000
Strike 765 has a total call value of 11,250,000 versus a total put value of 306,719,250,000 Combined total value = 306,730,500,000
Strike 770 has a total call value of 22,500,000 versus a total put value of 294,697,500,000 Combined total value = 294,720,000,000
Strike 775 has a total call value of 33,750,000 versus a total put value of 282,675,750,000 Combined total value = 282,709,500,000
Strike 780 has a total call value of 45,000,000 versus a total put value of 270,654,000,000 Combined total value = 270,699,000,000
Strike 785 has a total call value of 56,250,000 versus a total put value of 258,696,375,000 Combined total value = 258,752,625,000
Strike 790 has a total call value of 67,500,000 versus a total put value of 246,738,750,000 Combined total value = 246,806,250,000
Strike 795 has a total call value of 78,750,000 versus a total put value of 234,826,125,000 Combined total value = 234,904,875,000
Strike 800 has a total call value of 90,000,000 versus a total put value of 222,913,500,000 Combined total value = 223,003,500,000
Strike 805 has a total call value of 213,750,000 versus a total put value of 211,430,250,000 Combined total value = 211,644,000,000
Strike 810 has a total call value of 337,500,000 versus a total put value of 199,947,000,000 Combined total value = 200,284,500,000
Strike 815 has a total call value of 461,250,000 versus a total put value of 188,748,750,000 Combined total value = 189,210,000,000
Strike 820 has a total call value of 585,000,000 versus a total put value of 177,555,375,000 Combined total value = 178,140,375,000
Strike 825 has a total call value of 1,083,375,000 versus a total put value of 166,635,375,000 Combined total value = 167,718,750,000
Strike 830 has a total call value of 1,581,750,000 versus a total put value of 155,740,875,000 Combined total value = 157,322,625,000
Strike 835 has a total call value of 2,080,125,000 versus a total put value of 145,121,625,000 Combined total value = 147,201,750,000
Strike 840 has a total call value of 2,578,500,000 versus a total put value of 134,531,250,000 Combined total value = 137,109,750,000
Strike 845 has a total call value of 3,134,250,000 versus a total put value of 124,336,875,000 Combined total value = 127,471,125,000
Strike 850 has a total call value of 3,690,000,000 versus a total put value of 114,227,250,000 Combined total value = 117,917,250,000
Strike 855 has a total call value of 4,385,250,000 versus a total put value of 105,056,250,000 Combined total value = 109,441,500,000
Strike 860 has a total call value of 5,080,500,000 versus a total put value of 95,937,000,000 Combined total value = 101,017,500,000
Strike 865 has a total call value of 5,865,000,000 versus a total put value of 87,442,500,000 Combined total value = 93,307,500,000
Strike 870 has a total call value of 6,649,500,000 versus a total put value of 78,997,125,000 Combined total value = 85,646,625,000
Strike 875 has a total call value of 7,484,250,000 versus a total put value of 71,126,625,000 Combined total value = 78,610,875,000
Strike 880 has a total call value of 8,319,000,000 versus a total put value of 63,357,000,000 Combined total value = 71,676,000,000
Strike 885 has a total call value of 9,266,625,000 versus a total put value of 56,381,625,000 Combined total value = 65,648,250,000
Strike 890 has a total call value of 10,227,375,000 versus a total put value of 49,494,750,000 Combined total value = 59,722,125,000
Strike 895 has a total call value of 11,262,750,000 versus a total put value of 42,933,000,000 Combined total value = 54,195,750,000
Strike 900 has a total call value of 12,298,125,000 versus a total put value of 36,452,250,000 Combined total value = 48,750,375,000
Strike 905 has a total call value of 13,758,375,000 versus a total put value of 31,285,875,000 Combined total value = 45,044,250,000
Strike 910 has a total call value of 15,265,125,000 versus a total put value of 26,249,625,000 Combined total value = 41,514,750,000
Strike 915 has a total call value of 17,008,500,000 versus a total put value of 21,762,000,000 Combined total value = 38,770,500,000
Strike 920 has a total call value of 18,856,875,000 versus a total put value of 17,453,625,000 Combined total value = 36,310,500,000
Strike 925 has a total call value of 21,427,500,000 versus a total put value of 14,124,750,000 Combined total value = 35,552,250,000
Strike 930 has a total call value of 24,171,375,000 versus a total put value of 11,007,375,000 Combined total value = 35,178,750,000
Strike 935 has a total call value of 27,898,500,000 versus a total put value of 8,638,125,000 Combined total value = 36,536,625,000
Strike 940 has a total call value of 31,852,125,000 versus a total put value of 6,529,125,000 Combined total value = 38,381,250,000
Strike 945 has a total call value of 36,879,750,000 versus a total put value of 5,115,000,000 Combined total value = 41,994,750,000
Strike 950 has a total call value of 42,293,625,000 versus a total put value of 3,849,750,000 Combined total value = 46,143,375,000
Strike 955 has a total call value of 50,071,500,000 versus a total put value of 3,215,250,000 Combined total value = 53,286,750,000
Strike 960 has a total call value of 58,201,875,000 versus a total put value of 2,688,000,000 Combined total value = 60,889,875,000
Strike 965 has a total call value of 66,989,250,000 versus a total put value of 2,251,500,000 Combined total value = 69,240,750,000
Strike 970 has a total call value of 76,018,875,000 versus a total put value of 1,848,000,000 Combined total value = 77,866,875,000
Strike 975 has a total call value of 85,584,375,000 versus a total put value of 1,484,250,000 Combined total value = 87,068,625,000
Strike 980 has a total call value of 95,227,125,000 versus a total put value of 1,143,750,000 Combined total value = 96,370,875,000
Strike 985 has a total call value of 105,564,375,000 versus a total put value of 875,625,000 Combined total value = 106,440,000,000
Strike 990 has a total call value of 115,975,875,000 versus a total put value of 633,000,000 Combined total value = 116,608,875,000
Strike 995 has a total call value of 126,853,125,000 versus a total put value of 414,750,000 Combined total value = 127,267,875,000
Strike 1000 has a total call value of 137,822,250,000 versus a total put value of 196,500,000 Combined total value = 138,018,750,000
Strike 1005 has a total call value of 151,639,125,000 versus a total put value of 130,500,000 Combined total value = 151,769,625,000
Strike 1010 has a total call value of 165,456,000,000 versus a total put value of 64,500,000 Combined total value = 165,520,500,000
Strike 1015 has a total call value of 179,697,375,000 versus a total put value of 48,375,000 Combined total value = 179,745,750,000
Strike 1020 has a total call value of 193,938,750,000 versus a total put value of 32,250,000 Combined total value = 193,971,000,000
Strike 1025 has a total call value of 208,524,750,000 versus a total put value of 16,125,000 Combined total value = 208,540,875,000
Strike 1030 has a total call value of 223,110,750,000 versus a total put value of 0 Combined total value = 223,110,750,000
Strike 1035 has a total call value of 238,030,500,000 versus a total put value of 0 Combined total value = 238,030,500,000
Strike 1040 has a total call value of 252,950,250,000 versus a total put value of 0 Combined total value = 252,950,250,000
Strike 1045 has a total call value of 268,074,750,000 versus a total put value of 0 Combined total value = 268,074,750,000
Strike 1050 has a total call value of 283,199,250,000 versus a total put value of 0 Combined total value = 283,199,250,000
Strike 1055 has a total call value of 298,844,250,000 versus a total put value of 0 Combined total value = 298,844,250,000
Strike 1060 has a total call value of 314,489,250,000 versus a total put value of 0 Combined total value = 314,489,250,000
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 | 0 | 400 |
| 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.

































































































































































































































