SILVERM
Silver Mini
Max pain for SILVERM
22 Sep 2025 08:00 PM ISTNext Refresh in
Max Pain for SILVERM is 129000
Strike 100000 has a total call value of 0 versus a total put value of 419,860,125,000 Combined total value = 419,860,125,000
Strike 100250 has a total call value of 0 versus a total put value of 415,227,375,000 Combined total value = 415,227,375,000
Strike 100500 has a total call value of 0 versus a total put value of 410,594,625,000 Combined total value = 410,594,625,000
Strike 100750 has a total call value of 0 versus a total put value of 405,961,875,000 Combined total value = 405,961,875,000
Strike 101000 has a total call value of 0 versus a total put value of 401,329,125,000 Combined total value = 401,329,125,000
Strike 101250 has a total call value of 0 versus a total put value of 396,696,375,000 Combined total value = 396,696,375,000
Strike 101500 has a total call value of 0 versus a total put value of 392,063,625,000 Combined total value = 392,063,625,000
Strike 101750 has a total call value of 0 versus a total put value of 387,430,875,000 Combined total value = 387,430,875,000
Strike 102000 has a total call value of 0 versus a total put value of 382,798,125,000 Combined total value = 382,798,125,000
Strike 102250 has a total call value of 0 versus a total put value of 378,165,375,000 Combined total value = 378,165,375,000
Strike 102500 has a total call value of 0 versus a total put value of 373,532,625,000 Combined total value = 373,532,625,000
Strike 102750 has a total call value of 0 versus a total put value of 368,899,875,000 Combined total value = 368,899,875,000
Strike 103000 has a total call value of 0 versus a total put value of 364,267,125,000 Combined total value = 364,267,125,000
Strike 103250 has a total call value of 0 versus a total put value of 359,634,375,000 Combined total value = 359,634,375,000
Strike 103500 has a total call value of 0 versus a total put value of 355,001,625,000 Combined total value = 355,001,625,000
Strike 103750 has a total call value of 0 versus a total put value of 350,368,875,000 Combined total value = 350,368,875,000
Strike 104000 has a total call value of 0 versus a total put value of 345,736,125,000 Combined total value = 345,736,125,000
Strike 104250 has a total call value of 0 versus a total put value of 341,103,375,000 Combined total value = 341,103,375,000
Strike 104500 has a total call value of 0 versus a total put value of 336,470,625,000 Combined total value = 336,470,625,000
Strike 104750 has a total call value of 0 versus a total put value of 331,837,875,000 Combined total value = 331,837,875,000
Strike 105000 has a total call value of 0 versus a total put value of 327,205,125,000 Combined total value = 327,205,125,000
Strike 105250 has a total call value of 0 versus a total put value of 322,626,875,000 Combined total value = 322,626,875,000
Strike 105500 has a total call value of 0 versus a total put value of 318,048,625,000 Combined total value = 318,048,625,000
Strike 105750 has a total call value of 0 versus a total put value of 313,470,375,000 Combined total value = 313,470,375,000
Strike 106000 has a total call value of 0 versus a total put value of 308,892,125,000 Combined total value = 308,892,125,000
Strike 106250 has a total call value of 0 versus a total put value of 304,313,875,000 Combined total value = 304,313,875,000
Strike 106500 has a total call value of 0 versus a total put value of 299,735,625,000 Combined total value = 299,735,625,000
Strike 106750 has a total call value of 0 versus a total put value of 295,157,375,000 Combined total value = 295,157,375,000
Strike 107000 has a total call value of 0 versus a total put value of 290,579,125,000 Combined total value = 290,579,125,000
Strike 107250 has a total call value of 0 versus a total put value of 286,021,000,000 Combined total value = 286,021,000,000
Strike 107500 has a total call value of 0 versus a total put value of 281,462,875,000 Combined total value = 281,462,875,000
Strike 107750 has a total call value of 0 versus a total put value of 276,904,750,000 Combined total value = 276,904,750,000
Strike 108000 has a total call value of 0 versus a total put value of 272,346,625,000 Combined total value = 272,346,625,000
Strike 108250 has a total call value of 0 versus a total put value of 267,817,250,000 Combined total value = 267,817,250,000
Strike 108500 has a total call value of 0 versus a total put value of 263,287,875,000 Combined total value = 263,287,875,000
Strike 108750 has a total call value of 0 versus a total put value of 258,758,500,000 Combined total value = 258,758,500,000
Strike 109000 has a total call value of 0 versus a total put value of 254,229,125,000 Combined total value = 254,229,125,000
Strike 109250 has a total call value of 0 versus a total put value of 249,730,000,000 Combined total value = 249,730,000,000
Strike 109500 has a total call value of 0 versus a total put value of 245,230,875,000 Combined total value = 245,230,875,000
Strike 109750 has a total call value of 0 versus a total put value of 240,731,750,000 Combined total value = 240,731,750,000
Strike 110000 has a total call value of 0 versus a total put value of 236,232,625,000 Combined total value = 236,232,625,000
Strike 110250 has a total call value of 25,000,000 versus a total put value of 231,870,375,000 Combined total value = 231,895,375,000
Strike 110500 has a total call value of 50,000,000 versus a total put value of 227,508,125,000 Combined total value = 227,558,125,000
Strike 110750 has a total call value of 75,000,000 versus a total put value of 223,145,875,000 Combined total value = 223,220,875,000
Strike 111000 has a total call value of 100,000,000 versus a total put value of 218,783,625,000 Combined total value = 218,883,625,000
Strike 111250 has a total call value of 132,125,000 versus a total put value of 214,476,000,000 Combined total value = 214,608,125,000
Strike 111500 has a total call value of 164,250,000 versus a total put value of 210,168,375,000 Combined total value = 210,332,625,000
Strike 111750 has a total call value of 196,375,000 versus a total put value of 205,861,375,000 Combined total value = 206,057,750,000
Strike 112000 has a total call value of 228,500,000 versus a total put value of 201,554,375,000 Combined total value = 201,782,875,000
Strike 112250 has a total call value of 260,625,000 versus a total put value of 197,343,000,000 Combined total value = 197,603,625,000
Strike 112500 has a total call value of 292,750,000 versus a total put value of 193,131,625,000 Combined total value = 193,424,375,000
Strike 112750 has a total call value of 324,875,000 versus a total put value of 188,920,250,000 Combined total value = 189,245,125,000
Strike 113000 has a total call value of 357,000,000 versus a total put value of 184,708,875,000 Combined total value = 185,065,875,000
Strike 113250 has a total call value of 402,375,000 versus a total put value of 180,565,875,000 Combined total value = 180,968,250,000
Strike 113500 has a total call value of 447,750,000 versus a total put value of 176,422,875,000 Combined total value = 176,870,625,000
Strike 113750 has a total call value of 493,125,000 versus a total put value of 172,279,875,000 Combined total value = 172,773,000,000
Strike 114000 has a total call value of 538,500,000 versus a total put value of 168,136,875,000 Combined total value = 168,675,375,000
Strike 114250 has a total call value of 605,625,000 versus a total put value of 164,059,250,000 Combined total value = 164,664,875,000
Strike 114500 has a total call value of 672,750,000 versus a total put value of 159,981,625,000 Combined total value = 160,654,375,000
Strike 114750 has a total call value of 739,875,000 versus a total put value of 155,904,000,000 Combined total value = 156,643,875,000
Strike 115000 has a total call value of 807,000,000 versus a total put value of 151,826,375,000 Combined total value = 152,633,375,000
Strike 115250 has a total call value of 922,125,000 versus a total put value of 147,999,125,000 Combined total value = 148,921,250,000
Strike 115500 has a total call value of 1,037,250,000 versus a total put value of 144,171,875,000 Combined total value = 145,209,125,000
Strike 115750 has a total call value of 1,152,375,000 versus a total put value of 140,344,625,000 Combined total value = 141,497,000,000
Strike 116000 has a total call value of 1,267,500,000 versus a total put value of 136,517,375,000 Combined total value = 137,784,875,000
Strike 116250 has a total call value of 1,412,250,000 versus a total put value of 132,784,250,000 Combined total value = 134,196,500,000
Strike 116500 has a total call value of 1,557,000,000 versus a total put value of 129,051,125,000 Combined total value = 130,608,125,000
Strike 116750 has a total call value of 1,701,750,000 versus a total put value of 125,318,000,000 Combined total value = 127,019,750,000
Strike 117000 has a total call value of 1,846,500,000 versus a total put value of 121,584,875,000 Combined total value = 123,431,375,000
Strike 117250 has a total call value of 2,018,500,000 versus a total put value of 117,934,500,000 Combined total value = 119,953,000,000
Strike 117500 has a total call value of 2,190,500,000 versus a total put value of 114,284,125,000 Combined total value = 116,474,625,000
Strike 117750 has a total call value of 2,362,500,000 versus a total put value of 110,634,375,000 Combined total value = 112,996,875,000
Strike 118000 has a total call value of 2,534,500,000 versus a total put value of 106,984,625,000 Combined total value = 109,519,125,000
Strike 118250 has a total call value of 2,743,250,000 versus a total put value of 103,527,625,000 Combined total value = 106,270,875,000
Strike 118500 has a total call value of 2,952,000,000 versus a total put value of 100,070,625,000 Combined total value = 103,022,625,000
Strike 118750 has a total call value of 3,160,750,000 versus a total put value of 96,613,625,000 Combined total value = 99,774,375,000
Strike 119000 has a total call value of 3,369,500,000 versus a total put value of 93,156,625,000 Combined total value = 96,526,125,000
Strike 119250 has a total call value of 3,598,250,000 versus a total put value of 89,762,875,000 Combined total value = 93,361,125,000
Strike 119500 has a total call value of 3,827,000,000 versus a total put value of 86,369,125,000 Combined total value = 90,196,125,000
Strike 119750 has a total call value of 4,055,750,000 versus a total put value of 82,975,375,000 Combined total value = 87,031,125,000
Strike 120000 has a total call value of 4,284,500,000 versus a total put value of 79,581,625,000 Combined total value = 83,866,125,000
Strike 120250 has a total call value of 4,612,125,000 versus a total put value of 76,885,000,000 Combined total value = 81,497,125,000
Strike 120500 has a total call value of 4,939,750,000 versus a total put value of 74,188,375,000 Combined total value = 79,128,125,000
Strike 120750 has a total call value of 5,267,375,000 versus a total put value of 71,491,750,000 Combined total value = 76,759,125,000
Strike 121000 has a total call value of 5,595,000,000 versus a total put value of 68,795,125,000 Combined total value = 74,390,125,000
Strike 121250 has a total call value of 5,936,500,000 versus a total put value of 66,181,375,000 Combined total value = 72,117,875,000
Strike 121500 has a total call value of 6,278,000,000 versus a total put value of 63,567,625,000 Combined total value = 69,845,625,000
Strike 121750 has a total call value of 6,619,500,000 versus a total put value of 60,953,875,000 Combined total value = 67,573,375,000
Strike 122000 has a total call value of 6,961,000,000 versus a total put value of 58,340,125,000 Combined total value = 65,301,125,000
Strike 122250 has a total call value of 7,349,500,000 versus a total put value of 55,823,125,000 Combined total value = 63,172,625,000
Strike 122500 has a total call value of 7,738,000,000 versus a total put value of 53,306,125,000 Combined total value = 61,044,125,000
Strike 122750 has a total call value of 8,126,500,000 versus a total put value of 50,789,125,000 Combined total value = 58,915,625,000
Strike 123000 has a total call value of 8,515,000,000 versus a total put value of 48,272,125,000 Combined total value = 56,787,125,000
Strike 123250 has a total call value of 8,921,750,000 versus a total put value of 45,884,625,000 Combined total value = 54,806,375,000
Strike 123500 has a total call value of 9,328,500,000 versus a total put value of 43,497,125,000 Combined total value = 52,825,625,000
Strike 123750 has a total call value of 9,735,250,000 versus a total put value of 41,109,625,000 Combined total value = 50,844,875,000
Strike 124000 has a total call value of 10,142,000,000 versus a total put value of 38,722,125,000 Combined total value = 48,864,125,000
Strike 124250 has a total call value of 10,576,500,000 versus a total put value of 36,552,625,000 Combined total value = 47,129,125,000
Strike 124500 has a total call value of 11,011,000,000 versus a total put value of 34,386,500,000 Combined total value = 45,397,500,000
Strike 124750 has a total call value of 11,448,375,000 versus a total put value of 32,224,875,000 Combined total value = 43,673,250,000
Strike 125000 has a total call value of 11,885,750,000 versus a total put value of 30,064,125,000 Combined total value = 41,949,875,000
Strike 125250 has a total call value of 12,450,375,000 versus a total put value of 28,232,125,000 Combined total value = 40,682,500,000
Strike 125500 has a total call value of 13,015,000,000 versus a total put value of 26,400,750,000 Combined total value = 39,415,750,000
Strike 125750 has a total call value of 13,579,625,000 versus a total put value of 24,594,125,000 Combined total value = 38,173,750,000
Strike 126000 has a total call value of 14,144,250,000 versus a total put value of 22,787,500,000 Combined total value = 36,931,750,000
Strike 126250 has a total call value of 14,768,625,000 versus a total put value of 21,213,250,000 Combined total value = 35,981,875,000
Strike 126500 has a total call value of 15,393,000,000 versus a total put value of 19,639,000,000 Combined total value = 35,032,000,000
Strike 126750 has a total call value of 16,024,250,000 versus a total put value of 18,076,375,000 Combined total value = 34,100,625,000
Strike 127000 has a total call value of 16,655,500,000 versus a total put value of 16,515,000,000 Combined total value = 33,170,500,000
Strike 127250 has a total call value of 17,366,000,000 versus a total put value of 15,156,625,000 Combined total value = 32,522,625,000
Strike 127500 has a total call value of 18,076,500,000 versus a total put value of 13,798,250,000 Combined total value = 31,874,750,000
Strike 127750 has a total call value of 18,798,625,000 versus a total put value of 12,458,000,000 Combined total value = 31,256,625,000
Strike 128000 has a total call value of 19,520,750,000 versus a total put value of 11,118,250,000 Combined total value = 30,639,000,000
Strike 128250 has a total call value of 20,372,250,000 versus a total put value of 10,051,625,000 Combined total value = 30,423,875,000
Strike 128500 has a total call value of 21,225,500,000 versus a total put value of 8,985,000,000 Combined total value = 30,210,500,000
Strike 128750 has a total call value of 22,088,000,000 versus a total put value of 7,942,000,000 Combined total value = 30,030,000,000
Strike 129000 has a total call value of 22,951,500,000 versus a total put value of 6,899,000,000 Combined total value = 29,850,500,000
Strike 129250 has a total call value of 23,917,875,000 versus a total put value of 6,115,500,000 Combined total value = 30,033,375,000
Strike 129500 has a total call value of 24,884,250,000 versus a total put value of 5,333,500,000 Combined total value = 30,217,750,000
Strike 129750 has a total call value of 25,856,875,000 versus a total put value of 4,562,375,000 Combined total value = 30,419,250,000
Strike 130000 has a total call value of 26,829,500,000 versus a total put value of 3,791,500,000 Combined total value = 30,621,000,000
Strike 130250 has a total call value of 28,022,625,000 versus a total put value of 3,311,375,000 Combined total value = 31,334,000,000
Strike 130500 has a total call value of 29,215,750,000 versus a total put value of 2,831,250,000 Combined total value = 32,047,000,000
Strike 130750 has a total call value of 30,410,625,000 versus a total put value of 2,351,125,000 Combined total value = 32,761,750,000
Strike 131000 has a total call value of 31,605,500,000 versus a total put value of 1,871,000,000 Combined total value = 33,476,500,000
Strike 131250 has a total call value of 32,907,125,000 versus a total put value of 1,531,125,000 Combined total value = 34,438,250,000
Strike 131500 has a total call value of 34,208,750,000 versus a total put value of 1,191,250,000 Combined total value = 35,400,000,000
Strike 131750 has a total call value of 35,521,000,000 versus a total put value of 858,375,000 Combined total value = 36,379,375,000
Strike 132000 has a total call value of 36,833,250,000 versus a total put value of 525,625,000 Combined total value = 37,358,875,000
Strike 132250 has a total call value of 38,386,000,000 versus a total put value of 421,375,000 Combined total value = 38,807,375,000
Strike 132500 has a total call value of 39,939,000,000 versus a total put value of 317,500,000 Combined total value = 40,256,500,000
Strike 132750 has a total call value of 41,581,250,000 versus a total put value of 218,000,000 Combined total value = 41,799,250,000
Strike 133000 has a total call value of 43,223,500,000 versus a total put value of 118,500,000 Combined total value = 43,342,000,000
Strike 133250 has a total call value of 45,106,625,000 versus a total put value of 95,125,000 Combined total value = 45,201,750,000
Strike 133500 has a total call value of 46,989,750,000 versus a total put value of 71,750,000 Combined total value = 47,061,500,000
Strike 133750 has a total call value of 48,877,000,000 versus a total put value of 48,375,000 Combined total value = 48,925,375,000
Strike 134000 has a total call value of 50,764,250,000 versus a total put value of 25,000,000 Combined total value = 50,789,250,000
Strike 134250 has a total call value of 52,927,625,000 versus a total put value of 18,750,000 Combined total value = 52,946,375,000
Strike 134500 has a total call value of 55,091,000,000 versus a total put value of 12,500,000 Combined total value = 55,103,500,000
Strike 134750 has a total call value of 57,254,375,000 versus a total put value of 6,250,000 Combined total value = 57,260,625,000
Strike 135000 has a total call value of 59,417,750,000 versus a total put value of 0 Combined total value = 59,417,750,000
Strike 135250 has a total call value of 61,928,375,000 versus a total put value of 0 Combined total value = 61,928,375,000
Strike 135500 has a total call value of 64,439,000,000 versus a total put value of 0 Combined total value = 64,439,000,000
Strike 135750 has a total call value of 66,949,625,000 versus a total put value of 0 Combined total value = 66,949,625,000
Strike 136000 has a total call value of 69,460,250,000 versus a total put value of 0 Combined total value = 69,460,250,000
Strike 136250 has a total call value of 72,081,625,000 versus a total put value of 0 Combined total value = 72,081,625,000
Strike 136500 has a total call value of 74,703,000,000 versus a total put value of 0 Combined total value = 74,703,000,000
Strike 136750 has a total call value of 77,324,375,000 versus a total put value of 0 Combined total value = 77,324,375,000
Strike 137000 has a total call value of 79,945,750,000 versus a total put value of 0 Combined total value = 79,945,750,000
Strike 137250 has a total call value of 82,699,500,000 versus a total put value of 0 Combined total value = 82,699,500,000
Strike 137500 has a total call value of 85,453,250,000 versus a total put value of 0 Combined total value = 85,453,250,000
Strike 137750 has a total call value of 88,207,000,000 versus a total put value of 0 Combined total value = 88,207,000,000
Strike 138000 has a total call value of 90,960,750,000 versus a total put value of 0 Combined total value = 90,960,750,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
360ONE | 1050.4 | 1100 |
ABB | 5362.8 | 5300 |
ABCAPITAL | 288.15 | 290 |
ADANIENSOL | 937.4 | 860 |
ADANIENT | 2629.5 | 2500 |
ADANIGREEN | 1152.15 | 1000 |
ADANIPORTS | 1444.2 | 1400 |
ALKEM | 5495 | 5500 |
AMBER | 8310.5 | 8000 |
AMBUJACEM | 590.3 | 585 |
ANGELONE | 2248 | 2300 |
APLAPOLLO | 1679.3 | 1680 |
APOLLOHOSP | 7739 | 7800 |
ASHOKLEY | 139.42 | 135 |
ASIANPAINT | 2482.7 | 2500 |
ASTRAL | 1438.4 | 1440 |
AUBANK | 706.05 | 710 |
AUROPHARMA | 1117.4 | 1100 |
AXISBANK | 1144.4 | 1100 |
BAJAJ-AUTO | 9054.5 | 9100 |
BAJAJFINSV | 2069.5 | 2040 |
BAJFINANCE | 1006.5 | 980 |
BANDHANBNK | 163.19 | 165 |
BANKBARODA | 251.14 | 245 |
BANKINDIA | 120.53 | 117.5 |
BDL | 1627.7 | 1550 |
BEL | 406.4 | 400 |
BHARATFORG | 1256 | 1220 |
BHARTIARTL | 1956.2 | 1920 |
BHEL | 239.6 | 230 |
BIOCON | 362.15 | 365 |
BLUESTARCO | 1996.8 | 1920 |
BOSCHLTD | 39570 | 40000 |
BPCL | 325.4 | 325 |
BRITANNIA | 6056.5 | 6100 |
BSE | 2156.2 | 2200 |
CAMS | 4014 | 4000 |
CANBK | 118.87 | 115 |
CDSL | 1558.5 | 1580 |
CGPOWER | 770.2 | 760 |
CHOLAFIN | 1630 | 1540 |
CIPLA | 1542.2 | 1560 |
COALINDIA | 394.7 | 390 |
COFORGE | 1716.9 | 1740 |
COLPAL | 2344.8 | 2360 |
CONCOR | 550.15 | 560 |
CROMPTON | 308.75 | 320 |
CUMMINSIND | 3990.1 | 4000 |
CYIENT | 1194.8 | 1240 |
DABUR | 522.05 | 540 |
DALBHARAT | 2378.5 | 2400 |
DELHIVERY | 467.9 | 475 |
DIVISLAB | 6092.5 | 6100 |
DIXON | 18082 | 18000 |
DLF | 773.75 | 780 |
DMART | 4671.2 | 4700 |
DRREDDY | 1301.4 | 1300 |
EICHERMOT | 6946 | 6700 |
ETERNAL | 341.85 | 330 |
EXIDEIND | 403.85 | 415 |
FEDERALBNK | 195 | 197.5 |
FORTIS | 966.25 | 950 |
GAIL | 180.95 | 180 |
GLENMARK | 2017.8 | 2060 |
GMRAIRPORT | 91.17 | 90 |
GODREJCP | 1232.2 | 1240 |
GODREJPROP | 2103.7 | 2050 |
GRASIM | 2854.1 | 2820 |
HAL | 4808.7 | 4800 |
HAVELLS | 1581.3 | 1600 |
HCLTECH | 1439.9 | 1480 |
HDFCAMC | 5827.5 | 5800 |
HDFCBANK | 964.2 | 970 |
HDFCLIFE | 787.8 | 780 |
HEROMOTOCO | 5429.5 | 5350 |
HFCL | 74.85 | 75 |
HINDALCO | 745.7 | 740 |
HINDPETRO | 412.75 | 405 |
HINDUNILVR | 2572.2 | 2600 |
HINDZINC | 459.25 | 450 |
HUDCO | 239.96 | 225 |
ICICIBANK | 1401.5 | 1410 |
ICICIGI | 1886.3 | 1880 |
ICICIPRULI | 609.5 | 610 |
IDEA | 8.39 | 8 |
IDFCFIRSTB | 70.92 | 72 |
IEX | 146.09 | 147.5 |
IGL | 211.56 | 215 |
IIFL | 450.1 | 450 |
INDHOTEL | 769.4 | 780 |
INDIANB | 704.55 | 690 |
INDIGO | 5747.5 | 5700 |
INDUSINDBK | 734.3 | 750 |
INDUSTOWER | 356 | 350 |
INFY | 1499.5 | 1500 |
INOXWIND | 152.43 | 150 |
IOC | 148.3 | 145 |
IRCTC | 727.1 | 730 |
IREDA | 159.06 | 150 |
IRFC | 128.54 | 127.5 |
ITC | 406.95 | 410 |
JINDALSTEL | 1032.45 | 1030 |
JIOFIN | 313.85 | 320 |
JSWENERGY | 542.95 | 530 |
JSWSTEEL | 1117 | 1100 |
JUBLFOOD | 622.8 | 630 |
KALYANKJIL | 505.25 | 520 |
KAYNES | 7083.5 | 7000 |
KEI | 4131.4 | 4150 |
KFINTECH | 1093.9 | 1150 |
KOTAKBANK | 2021.7 | 2000 |
KPITTECH | 1262.4 | 1280 |
LAURUSLABS | 903.8 | 910 |
LICHSGFIN | 587.3 | 580 |
LICI | 904.5 | 890 |
LODHA | 1212.3 | 1200 |
LT | 3644.5 | 3600 |
LTF | 248.09 | 240 |
LTIM | 5260 | 5300 |
LUPIN | 2004.4 | 2020 |
M&M | 3584.8 | 3550 |
MANAPPURAM | 293.9 | 285 |
MANKIND | 2594.9 | 2600 |
MARICO | 716.85 | 720 |
MARUTI | 15816 | 15200 |
MAXHEALTH | 1171.6 | 1160 |
MAZDOCK | 2976.4 | 2900 |
MCX | 7989.5 | 7900 |
MFSL | 1556.7 | 1560 |
MOTHERSON | 109.95 | 105 |
MPHASIS | 2852.4 | 3000 |
MUTHOOTFIN | 3047.6 | 2950 |
NATIONALUM | 210.94 | 210 |
NAUKRI | 1417.7 | 1380 |
NBCC | 114.95 | 107.5 |
NCC | 213.93 | 215 |
NESTLEIND | 1188.3 | 1190 |
NHPC | 87.73 | 85 |
NMDC | 76.86 | 75 |
NTPC | 339.2 | 335 |
NUVAMA | 6280.5 | 6400 |
NYKAA | 242.4 | 240 |
OBEROIRLTY | 1673.9 | 1660 |
OFSS | 9056.5 | 9100 |
OIL | 409.25 | 400 |
ONGC | 237.47 | 235 |
PAGEIND | 43405 | 44000 |
PATANJALI | 597.4 | 600 |
PAYTM | 1196.2 | 1200 |
PERSISTENT | 5271 | 5400 |
PETRONET | 275.9 | 285 |
PFC | 408.85 | 410 |
PGEL | 561 | 560 |
PHOENIXLTD | 1638.3 | 1580 |
PIDILITIND | 3038 | 3080 |
PIIND | 3668.9 | 3750 |
PNB | 113.04 | 111 |
PNBHOUSING | 859.05 | 840 |
POLICYBZR | 1796.6 | 1800 |
POLYCAB | 7657 | 7400 |
POWERGRID | 286.65 | 290 |
PPLPHARMA | 202.71 | 205 |
PRESTIGE | 1617.4 | 1600 |
RBLBANK | 269.7 | 260 |
RECLTD | 384 | 380 |
RELIANCE | 1390.6 | 1400 |
RVNL | 358.9 | 350 |
SAIL | 135.49 | 132.5 |
SBICARD | 869.05 | 870 |
SBILIFE | 1857.7 | 1840 |
SBIN | 855.25 | 840 |
SHREECEM | 29705 | 29750 |
SHRIRAMFIN | 627.85 | 620 |
SIEMENS | 3243.5 | 3250 |
SOLARINDS | 14464 | 14500 |
SONACOMS | 420.6 | 440 |
SRF | 2914 | 2950 |
SUNPHARMA | 1644 | 1600 |
SUPREMEIND | 4371.9 | 4500 |
SUZLON | 59.93 | 59 |
SYNGENE | 655.3 | 660 |
TATACHEM | 973.95 | 990 |
TATACONSUM | 1130.1 | 1110 |
TATAELXSI | 5607 | 5700 |
TATAMOTORS | 696.25 | 710 |
TATAPOWER | 395.3 | 395 |
TATASTEEL | 171.39 | 170 |
TATATECH | 702.25 | 710 |
TCS | 3073.8 | 3120 |
TECHM | 1505.4 | 1520 |
TIINDIA | 3350.1 | 3300 |
TITAGARH | 933.9 | 920 |
TITAN | 3457.5 | 3550 |
TORNTPHARM | 3655.9 | 3600 |
TORNTPOWER | 1268.6 | 1280 |
TRENT | 5010.5 | 5200 |
TVSMOTOR | 3525.6 | 3400 |
ULTRACEMCO | 12650 | 12600 |
UNIONBANK | 138.81 | 137.5 |
UNITDSPR | 1339.9 | 1320 |
UNOMINDA | 1312.7 | 1300 |
UPL | 682.8 | 700 |
VBL | 463.95 | 480 |
VEDL | 458.45 | 450 |
VOLTAS | 1376.2 | 1400 |
WIPRO | 250.33 | 250 |
YESBANK | 21.21 | 20 |
ZYDUSLIFE | 1035.7 | 1030 |
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.