SOLARINDS
Solar Industries (I) Ltd
Max pain for SOLARINDS
15 Oct 2025 01:04 AM IST
Max Pain for SOLARINDS is 14000
Strike 12000 has a total call value of 0 versus a total put value of 38,932,500,000 Combined total value = 38,932,500,000
Strike 12250 has a total call value of 0 versus a total put value of 33,600,000,000 Combined total value = 33,600,000,000
Strike 12500 has a total call value of 0 versus a total put value of 28,267,500,000 Combined total value = 28,267,500,000
Strike 12750 has a total call value of 0 versus a total put value of 23,278,125,000 Combined total value = 23,278,125,000
Strike 13000 has a total call value of 0 versus a total put value of 18,397,500,000 Combined total value = 18,397,500,000
Strike 13250 has a total call value of 0 versus a total put value of 14,053,125,000 Combined total value = 14,053,125,000
Strike 13500 has a total call value of 0 versus a total put value of 10,020,000,000 Combined total value = 10,020,000,000
Strike 13750 has a total call value of 380,625,000 versus a total put value of 6,862,500,000 Combined total value = 7,243,125,000
Strike 14000 has a total call value of 999,375,000 versus a total put value of 4,128,750,000 Combined total value = 5,128,125,000
Strike 14250 has a total call value of 2,778,750,000 versus a total put value of 2,784,375,000 Combined total value = 5,563,125,000
Strike 14500 has a total call value of 5,467,500,000 versus a total put value of 1,691,250,000 Combined total value = 7,158,750,000
Strike 14750 has a total call value of 9,725,625,000 versus a total put value of 871,875,000 Combined total value = 10,597,500,000
Strike 15000 has a total call value of 14,345,625,000 versus a total put value of 375,000,000 Combined total value = 14,720,625,000
Strike 15250 has a total call value of 21,463,125,000 versus a total put value of 281,250,000 Combined total value = 21,744,375,000
Strike 15500 has a total call value of 28,800,000,000 versus a total put value of 187,500,000 Combined total value = 28,987,500,000
Strike 15750 has a total call value of 37,368,750,000 versus a total put value of 93,750,000 Combined total value = 37,462,500,000
Strike 16000 has a total call value of 46,006,875,000 versus a total put value of 0 Combined total value = 46,006,875,000
Strike 16250 has a total call value of 55,556,250,000 versus a total put value of 0 Combined total value = 55,556,250,000
Strike 16500 has a total call value of 65,105,625,000 versus a total put value of 0 Combined total value = 65,105,625,000
Strike 16750 has a total call value of 74,900,625,000 versus a total put value of 0 Combined total value = 74,900,625,000
Strike 17000 has a total call value of 84,695,625,000 versus a total put value of 0 Combined total value = 84,695,625,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1100 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 295 |
| ADANIENSOL | 879.2 | 920 |
| ADANIENT | 2543.7 | 2550 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1420 |
| ALKEM | 5433 | 5500 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 570 |
| ANGELONE | 2136.4 | 2300 |
| APLAPOLLO | 1660.1 | 1700 |
| APOLLOHOSP | 7510 | 7700 |
| ASHOKLEY | 141.93 | 138 |
| ASIANPAINT | 2342.8 | 2360 |
| ASTRAL | 1373.8 | 1420 |
| AUBANK | 743.2 | 760 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1160 |
| BAJAJ-AUTO | 8702 | 8900 |
| BAJAJFINSV | 2003.2 | 2020 |
| BAJFINANCE | 985.1 | 1020 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 125 |
| BDL | 1497.8 | 1540 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1220 |
| BHARTIARTL | 1916.6 | 1920 |
| BHEL | 231.01 | 240 |
| BIOCON | 338.9 | 350 |
| BLUESTARCO | 1890.1 | 1920 |
| BOSCHLTD | 38150 | 38000 |
| BPCL | 324.35 | 340 |
| BRITANNIA | 5920.5 | 5900 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3850 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1620 |
| CIPLA | 1499.4 | 1540 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1680 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 290 |
| CUMMINSIND | 3947.6 | 3950 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 490 |
| DALBHARAT | 2215.4 | 2220 |
| DELHIVERY | 445.7 | 465 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 17000 |
| DLF | 716.05 | 740 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1260 |
| EICHERMOT | 7047 | 6950 |
| ETERNAL | 321 | 335 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 207.5 |
| FORTIS | 932.75 | 1050 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1940 |
| GMRAIRPORT | 87.28 | 90 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2050 |
| GRASIM | 2746.8 | 2800 |
| HAL | 4736.1 | 4800 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1500 |
| HDFCAMC | 5621 | 5600 |
| HDFCBANK | 945.05 | 970 |
| HDFCLIFE | 764.4 | 760 |
| HEROMOTOCO | 5328 | 5500 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 770 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2520 |
| HINDZINC | 449.1 | 500 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1380 |
| ICICIGI | 1894 | 1880 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 72 |
| IEX | 137.76 | 140 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 480 |
| INDHOTEL | 709.8 | 730 |
| INDIANB | 706.35 | 750 |
| INDIGO | 5561 | 5700 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 350 |
| INFY | 1448.9 | 1480 |
| INOXWIND | 137.46 | 147.5 |
| IOC | 145.04 | 152.5 |
| IRCTC | 703.1 | 715 |
| IREDA | 146.28 | 152.5 |
| IRFC | 121.91 | 126 |
| ITC | 405.1 | 405 |
| JINDALSTEL | 1029.5 | 1020 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 540 |
| JSWSTEEL | 1130.8 | 1150 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 480 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4300 |
| KFINTECH | 1070.8 | 1100 |
| KOTAKBANK | 1994.8 | 2100 |
| KPITTECH | 1212.8 | 1160 |
| LAURUSLABS | 832.3 | 870 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1140 |
| LT | 3729.5 | 3720 |
| LTF | 236.29 | 260 |
| LTIM | 5075 | 5350 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3450 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2450 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1140 |
| MAZDOCK | 2827.6 | 2900 |
| MCX | 7920.5 | 8900 |
| MFSL | 1545.6 | 1600 |
| MOTHERSON | 105.66 | 105 |
| MPHASIS | 2642.4 | 2800 |
| MUTHOOTFIN | 3020.3 | 3100 |
| NATIONALUM | 200.58 | 225 |
| NAUKRI | 1316.2 | 1340 |
| NBCC | 105.18 | 110 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1180 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 77 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1600 |
| OFSS | 8515 | 9000 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 245 |
| PAGEIND | 41240 | 41500 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1200 |
| PERSISTENT | 4951 | 5300 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 410 |
| PGEL | 514.65 | 560 |
| PHOENIXLTD | 1540.4 | 1620 |
| PIDILITIND | 1474.8 | 1500 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 115 |
| PNBHOUSING | 864.1 | 860 |
| POLICYBZR | 1677.1 | 1720 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 287.5 |
| PPLPHARMA | 187.73 | 200 |
| PRESTIGE | 1507.4 | 1600 |
| RBLBANK | 272.35 | 270 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1390 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132.5 |
| SAMMAANCAP | 137.82 | 160 |
| SBICARD | 873.85 | 900 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 870 |
| SHREECEM | 28910 | 29750 |
| SHRIRAMFIN | 606.05 | 660 |
| SIEMENS | 3096.3 | 3100 |
| SILVER | 0 | 150000 |
| SILVERM | 142014 | 151000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 440 |
| SRF | 2806.9 | 3000 |
| SUNPHARMA | 1586.7 | 1660 |
| SUPREMEIND | 4234.2 | 4250 |
| SUZLON | 55.28 | 56 |
| SYNGENE | 609.45 | 640 |
| TATACONSUM | 1119 | 1120 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 410 |
| TATAPOWER | 383.8 | 395 |
| TATASTEEL | 167.4 | 172.5 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3000 |
| TECHM | 1407.7 | 1460 |
| TIINDIA | 3129.1 | 3150 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3500 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1260 |
| TRENT | 4679 | 4700 |
| TVSMOTOR | 3414.4 | 3500 |
| ULTRACEMCO | 12070 | 12200 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1340 |
| UNOMINDA | 1268.9 | 1260 |
| UPL | 648 | 680 |
| VBL | 444.75 | 450 |
| VEDL | 447.95 | 475 |
| VOLTAS | 1340.2 | 1380 |
| WIPRO | 235.75 | 247.5 |
| 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.
