SBIN
State Bank Of IndiaMax pain for SBIN
18 Oct 2025 04:57 PM IST
Max Pain for SBIN is 880
Strike 700 has a total call value of 0 versus a total put value of 438,846,750,000 Combined total value = 438,846,750,000
Strike 705 has a total call value of 0 versus a total put value of 424,452,750,000 Combined total value = 424,452,750,000
Strike 710 has a total call value of 0 versus a total put value of 410,058,750,000 Combined total value = 410,058,750,000
Strike 715 has a total call value of 0 versus a total put value of 395,664,750,000 Combined total value = 395,664,750,000
Strike 720 has a total call value of 0 versus a total put value of 381,270,750,000 Combined total value = 381,270,750,000
Strike 725 has a total call value of 0 versus a total put value of 366,876,750,000 Combined total value = 366,876,750,000
Strike 730 has a total call value of 0 versus a total put value of 352,482,750,000 Combined total value = 352,482,750,000
Strike 735 has a total call value of 0 versus a total put value of 338,088,750,000 Combined total value = 338,088,750,000
Strike 740 has a total call value of 0 versus a total put value of 323,694,750,000 Combined total value = 323,694,750,000
Strike 745 has a total call value of 15,750,000 versus a total put value of 309,370,125,000 Combined total value = 309,385,875,000
Strike 750 has a total call value of 31,500,000 versus a total put value of 295,045,500,000 Combined total value = 295,077,000,000
Strike 755 has a total call value of 121,125,000 versus a total put value of 280,817,625,000 Combined total value = 280,938,750,000
Strike 760 has a total call value of 210,750,000 versus a total put value of 266,589,750,000 Combined total value = 266,800,500,000
Strike 765 has a total call value of 300,375,000 versus a total put value of 252,477,000,000 Combined total value = 252,777,375,000
Strike 770 has a total call value of 390,000,000 versus a total put value of 238,364,250,000 Combined total value = 238,754,250,000
Strike 775 has a total call value of 479,625,000 versus a total put value of 224,515,875,000 Combined total value = 224,995,500,000
Strike 780 has a total call value of 569,250,000 versus a total put value of 210,667,500,000 Combined total value = 211,236,750,000
Strike 785 has a total call value of 658,875,000 versus a total put value of 197,020,500,000 Combined total value = 197,679,375,000
Strike 790 has a total call value of 748,500,000 versus a total put value of 183,373,500,000 Combined total value = 184,122,000,000
Strike 795 has a total call value of 838,125,000 versus a total put value of 169,843,500,000 Combined total value = 170,681,625,000
Strike 800 has a total call value of 927,750,000 versus a total put value of 156,313,500,000 Combined total value = 157,241,250,000
Strike 805 has a total call value of 1,294,875,000 versus a total put value of 143,634,750,000 Combined total value = 144,929,625,000
Strike 810 has a total call value of 1,662,000,000 versus a total put value of 130,956,000,000 Combined total value = 132,618,000,000
Strike 815 has a total call value of 2,129,625,000 versus a total put value of 118,660,500,000 Combined total value = 120,790,125,000
Strike 820 has a total call value of 2,597,250,000 versus a total put value of 106,428,000,000 Combined total value = 109,025,250,000
Strike 825 has a total call value of 3,210,375,000 versus a total put value of 95,353,125,000 Combined total value = 98,563,500,000
Strike 830 has a total call value of 3,823,500,000 versus a total put value of 84,414,750,000 Combined total value = 88,238,250,000
Strike 835 has a total call value of 4,634,250,000 versus a total put value of 74,271,750,000 Combined total value = 78,906,000,000
Strike 840 has a total call value of 5,475,750,000 versus a total put value of 64,315,125,000 Combined total value = 69,790,875,000
Strike 845 has a total call value of 6,459,000,000 versus a total put value of 55,554,000,000 Combined total value = 62,013,000,000
Strike 850 has a total call value of 7,493,250,000 versus a total put value of 46,945,125,000 Combined total value = 54,438,375,000
Strike 855 has a total call value of 8,700,375,000 versus a total put value of 39,259,875,000 Combined total value = 47,960,250,000
Strike 860 has a total call value of 9,996,000,000 versus a total put value of 31,776,750,000 Combined total value = 41,772,750,000
Strike 865 has a total call value of 11,776,125,000 versus a total put value of 25,497,000,000 Combined total value = 37,273,125,000
Strike 870 has a total call value of 13,821,375,000 versus a total put value of 19,636,875,000 Combined total value = 33,458,250,000
Strike 875 has a total call value of 16,705,500,000 versus a total put value of 14,915,625,000 Combined total value = 31,621,125,000
Strike 880 has a total call value of 19,943,250,000 versus a total put value of 10,555,125,000 Combined total value = 30,498,375,000
Strike 885 has a total call value of 25,941,000,000 versus a total put value of 7,698,000,000 Combined total value = 33,639,000,000
Strike 890 has a total call value of 33,292,500,000 versus a total put value of 5,304,750,000 Combined total value = 38,597,250,000
Strike 895 has a total call value of 44,340,750,000 versus a total put value of 3,862,500,000 Combined total value = 48,203,250,000
Strike 900 has a total call value of 56,585,250,000 versus a total put value of 2,601,750,000 Combined total value = 59,187,000,000
Strike 905 has a total call value of 72,133,875,000 versus a total put value of 2,025,375,000 Combined total value = 74,159,250,000
Strike 910 has a total call value of 87,918,750,000 versus a total put value of 1,536,750,000 Combined total value = 89,455,500,000
Strike 915 has a total call value of 104,448,750,000 versus a total put value of 1,139,250,000 Combined total value = 105,588,000,000
Strike 920 has a total call value of 121,305,375,000 versus a total put value of 806,250,000 Combined total value = 122,111,625,000
Strike 925 has a total call value of 140,421,000,000 versus a total put value of 645,750,000 Combined total value = 141,066,750,000
Strike 930 has a total call value of 159,675,375,000 versus a total put value of 517,875,000 Combined total value = 160,193,250,000
Strike 935 has a total call value of 179,701,875,000 versus a total put value of 403,125,000 Combined total value = 180,105,000,000
Strike 940 has a total call value of 199,899,000,000 versus a total put value of 299,250,000 Combined total value = 200,198,250,000
Strike 945 has a total call value of 220,709,625,000 versus a total put value of 211,125,000 Combined total value = 220,920,750,000
Strike 950 has a total call value of 241,538,625,000 versus a total put value of 123,000,000 Combined total value = 241,661,625,000
Strike 955 has a total call value of 263,342,250,000 versus a total put value of 98,250,000 Combined total value = 263,440,500,000
Strike 960 has a total call value of 285,145,875,000 versus a total put value of 73,500,000 Combined total value = 285,219,375,000
Strike 965 has a total call value of 307,867,125,000 versus a total put value of 55,125,000 Combined total value = 307,922,250,000
Strike 970 has a total call value of 330,588,375,000 versus a total put value of 36,750,000 Combined total value = 330,625,125,000
Strike 975 has a total call value of 353,503,125,000 versus a total put value of 18,375,000 Combined total value = 353,521,500,000
Strike 980 has a total call value of 376,417,875,000 versus a total put value of 0 Combined total value = 376,417,875,000
Strike 985 has a total call value of 399,682,875,000 versus a total put value of 0 Combined total value = 399,682,875,000
Strike 990 has a total call value of 422,947,875,000 versus a total put value of 0 Combined total value = 422,947,875,000
Strike 995 has a total call value of 446,262,750,000 versus a total put value of 0 Combined total value = 446,262,750,000
Strike 1000 has a total call value of 469,577,625,000 versus a total put value of 0 Combined total value = 469,577,625,000
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.




























































































































































































































