DLF
DLF LIMITED
Max pain for DLF
18 Apr 2024 06:51 PM IST
Max Pain for DLF is 900
Strike 700 has a total call value of 0 versus a total put value of 193,351,950,000 Combined total value = 193,351,950,000
Strike 710 has a total call value of 64,350,000 versus a total put value of 181,696,350,000 Combined total value = 181,760,700,000
Strike 720 has a total call value of 128,700,000 versus a total put value of 170,040,750,000 Combined total value = 170,169,450,000
Strike 730 has a total call value of 193,050,000 versus a total put value of 158,385,150,000 Combined total value = 158,578,200,000
Strike 740 has a total call value of 257,400,000 versus a total put value of 146,729,550,000 Combined total value = 146,986,950,000
Strike 750 has a total call value of 321,750,000 versus a total put value of 135,133,350,000 Combined total value = 135,455,100,000
Strike 760 has a total call value of 397,650,000 versus a total put value of 123,651,000,000 Combined total value = 124,048,650,000
Strike 770 has a total call value of 473,550,000 versus a total put value of 112,203,300,000 Combined total value = 112,676,850,000
Strike 780 has a total call value of 549,450,000 versus a total put value of 100,918,950,000 Combined total value = 101,468,400,000
Strike 790 has a total call value of 625,350,000 versus a total put value of 89,971,200,000 Combined total value = 90,596,550,000
Strike 800 has a total call value of 701,250,000 versus a total put value of 79,099,350,000 Combined total value = 79,800,600,000
Strike 810 has a total call value of 867,900,000 versus a total put value of 69,476,550,000 Combined total value = 70,344,450,000
Strike 820 has a total call value of 1,034,550,000 versus a total put value of 60,101,250,000 Combined total value = 61,135,800,000
Strike 830 has a total call value of 1,224,300,000 versus a total put value of 51,216,000,000 Combined total value = 52,440,300,000
Strike 840 has a total call value of 1,430,550,000 versus a total put value of 42,951,150,000 Combined total value = 44,381,700,000
Strike 850 has a total call value of 1,711,050,000 versus a total put value of 35,178,000,000 Combined total value = 36,889,050,000
Strike 860 has a total call value of 2,301,750,000 versus a total put value of 28,639,050,000 Combined total value = 30,940,800,000
Strike 870 has a total call value of 3,288,450,000 versus a total put value of 22,831,050,000 Combined total value = 26,119,500,000
Strike 880 has a total call value of 4,859,250,000 versus a total put value of 17,645,100,000 Combined total value = 22,504,350,000
Strike 890 has a total call value of 7,756,650,000 versus a total put value of 13,467,300,000 Combined total value = 21,223,950,000
Strike 900 has a total call value of 11,419,650,000 versus a total put value of 9,774,600,000 Combined total value = 21,194,250,000
Strike 910 has a total call value of 18,060,900,000 versus a total put value of 7,274,850,000 Combined total value = 25,335,750,000
Strike 920 has a total call value of 26,180,550,000 versus a total put value of 5,116,650,000 Combined total value = 31,297,200,000
Strike 930 has a total call value of 36,461,700,000 versus a total put value of 3,562,350,000 Combined total value = 40,024,050,000
Strike 940 has a total call value of 48,760,800,000 versus a total put value of 2,352,900,000 Combined total value = 51,113,700,000
Strike 950 has a total call value of 62,308,950,000 versus a total put value of 1,427,250,000 Combined total value = 63,736,200,000
Strike 960 has a total call value of 78,881,550,000 versus a total put value of 899,250,000 Combined total value = 79,780,800,000
Strike 970 has a total call value of 96,688,350,000 versus a total put value of 476,850,000 Combined total value = 97,165,200,000
Strike 980 has a total call value of 115,371,300,000 versus a total put value of 151,800,000 Combined total value = 115,523,100,000
Strike 990 has a total call value of 135,141,600,000 versus a total put value of 75,900,000 Combined total value = 135,217,500,000
Strike 1000 has a total call value of 155,312,850,000 versus a total put value of 0 Combined total value = 155,312,850,000
Strike 1010 has a total call value of 178,257,750,000 versus a total put value of 0 Combined total value = 178,257,750,000
Strike 1020 has a total call value of 201,402,300,000 versus a total put value of 0 Combined total value = 201,402,300,000
Strike 1030 has a total call value of 225,022,050,000 versus a total put value of 0 Combined total value = 225,022,050,000
Strike 1040 has a total call value of 248,826,600,000 versus a total put value of 0 Combined total value = 248,826,600,000
Strike 1050 has a total call value of 273,042,000,000 versus a total put value of 0 Combined total value = 273,042,000,000
Strike 1060 has a total call value of 297,608,850,000 versus a total put value of 0 Combined total value = 297,608,850,000
Strike 1070 has a total call value of 322,537,050,000 versus a total put value of 0 Combined total value = 322,537,050,000
Max Pain - Choose a symbol
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H
I
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M
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O
P
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T
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.