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IOC
INDIAN OIL CORP LTD

166.65 -2.35 (-1.39%)

Max pain for IOC

19 Apr 2024 03:32 PM IST
Max Pain for IOC is 170  



Strike  136  has a total call value of 0  versus a total put value of  109,518,337,500 Combined total value = 109,518,337,500

Strike  137  has a total call value of 0  versus a total put value of  105,240,037,500 Combined total value = 105,240,037,500

Strike  137.5  has a total call value of 0  versus a total put value of  103,109,662,500 Combined total value = 103,109,662,500

Strike  138  has a total call value of 0  versus a total put value of  100,979,287,500 Combined total value = 100,979,287,500

Strike  139  has a total call value of 0  versus a total put value of  96,718,537,500 Combined total value = 96,718,537,500

Strike  140  has a total call value of 0  versus a total put value of  92,466,562,500 Combined total value = 92,466,562,500

Strike  141  has a total call value of 9,750,000  versus a total put value of  88,451,512,500 Combined total value = 88,461,262,500

Strike  142  has a total call value of 19,500,000  versus a total put value of  84,436,462,500 Combined total value = 84,455,962,500

Strike  142.5  has a total call value of 24,375,000  versus a total put value of  82,428,937,500 Combined total value = 82,453,312,500

Strike  143  has a total call value of 29,250,000  versus a total put value of  80,421,412,500 Combined total value = 80,450,662,500

Strike  144  has a total call value of 39,000,000  versus a total put value of  76,406,362,500 Combined total value = 76,445,362,500

Strike  145  has a total call value of 48,750,000  versus a total put value of  72,391,312,500 Combined total value = 72,440,062,500

Strike  146  has a total call value of 58,500,000  versus a total put value of  68,476,687,500 Combined total value = 68,535,187,500

Strike  147  has a total call value of 68,250,000  versus a total put value of  64,562,062,500 Combined total value = 64,630,312,500

Strike  147.5  has a total call value of 73,125,000  versus a total put value of  62,612,550,000 Combined total value = 62,685,675,000

Strike  148  has a total call value of 78,000,000  versus a total put value of  60,663,037,500 Combined total value = 60,741,037,500

Strike  149  has a total call value of 87,750,000  versus a total put value of  56,778,637,500 Combined total value = 56,866,387,500

Strike  150  has a total call value of 97,500,000  versus a total put value of  52,968,337,500 Combined total value = 53,065,837,500

Strike  151  has a total call value of 183,300,000  versus a total put value of  49,557,787,500 Combined total value = 49,741,087,500

Strike  152  has a total call value of 269,100,000  versus a total put value of  46,164,787,500 Combined total value = 46,433,887,500

Strike  152.5  has a total call value of 312,000,000  versus a total put value of  44,492,175,000 Combined total value = 44,804,175,000

Strike  153  has a total call value of 354,900,000  versus a total put value of  42,831,750,000 Combined total value = 43,186,650,000

Strike  154  has a total call value of 440,700,000  versus a total put value of  39,523,575,000 Combined total value = 39,964,275,000

Strike  155  has a total call value of 526,500,000  versus a total put value of  36,253,425,000 Combined total value = 36,779,925,000

Strike  156  has a total call value of 626,925,000  versus a total put value of  33,252,375,000 Combined total value = 33,879,300,000

Strike  157  has a total call value of 730,275,000  versus a total put value of  30,271,800,000 Combined total value = 31,002,075,000

Strike  157.5  has a total call value of 781,950,000  versus a total put value of  28,796,625,000 Combined total value = 29,578,575,000

Strike  158  has a total call value of 834,112,500  versus a total put value of  27,332,175,000 Combined total value = 28,166,287,500

Strike  159  has a total call value of 947,212,500  versus a total put value of  24,460,800,000 Combined total value = 25,408,012,500

Strike  160  has a total call value of 1,064,212,500  versus a total put value of  21,620,625,000 Combined total value = 22,684,837,500

Strike  161  has a total call value of 1,345,012,500  versus a total put value of  19,335,225,000 Combined total value = 20,680,237,500

Strike  162  has a total call value of 1,634,587,500  versus a total put value of  17,082,975,000 Combined total value = 18,717,562,500

Strike  162.5  has a total call value of 1,782,300,000  versus a total put value of  15,987,562,500 Combined total value = 17,769,862,500

Strike  163  has a total call value of 1,932,937,500  versus a total put value of  14,901,412,500 Combined total value = 16,834,350,000

Strike  164  has a total call value of 2,247,862,500  versus a total put value of  12,792,487,500 Combined total value = 15,040,350,000

Strike  165  has a total call value of 2,583,262,500  versus a total put value of  10,751,812,500 Combined total value = 13,335,075,000

Strike  166  has a total call value of 3,210,187,500  versus a total put value of  9,222,037,500 Combined total value = 12,432,225,000

Strike  167  has a total call value of 3,871,237,500  versus a total put value of  7,775,137,500 Combined total value = 11,646,375,000

Strike  167.5  has a total call value of 4,235,400,000  versus a total put value of  7,078,987,500 Combined total value = 11,314,387,500

Strike  168  has a total call value of 4,616,137,500  versus a total put value of  6,400,387,500 Combined total value = 11,016,525,000

Strike  169  has a total call value of 5,430,262,500  versus a total put value of  5,115,337,500 Combined total value = 10,545,600,000

Strike  170  has a total call value of 6,286,312,500  versus a total put value of  3,880,987,500 Combined total value = 10,167,300,000

Strike  171  has a total call value of 7,946,737,500  versus a total put value of  3,185,812,500 Combined total value = 11,132,550,000

Strike  172  has a total call value of 9,753,412,500  versus a total put value of  2,522,812,500 Combined total value = 12,276,225,000

Strike  172.5  has a total call value of 10,725,975,000  versus a total put value of  2,215,200,000 Combined total value = 12,941,175,000

Strike  173  has a total call value of 11,736,562,500  versus a total put value of  1,925,625,000 Combined total value = 13,662,187,500

Strike  174  has a total call value of 13,938,112,500  versus a total put value of  1,400,100,000 Combined total value = 15,338,212,500

Strike  175  has a total call value of 16,337,587,500  versus a total put value of  916,500,000 Combined total value = 17,254,087,500

Strike  176  has a total call value of 20,046,487,500  versus a total put value of  750,750,000 Combined total value = 20,797,237,500

Strike  177  has a total call value of 23,866,537,500  versus a total put value of  596,700,000 Combined total value = 24,463,237,500

Strike  177.5  has a total call value of 25,818,975,000  versus a total put value of  525,525,000 Combined total value = 26,344,500,000

Strike  178  has a total call value of 27,839,662,500  versus a total put value of  454,350,000 Combined total value = 28,294,012,500

Strike  179  has a total call value of 32,062,387,500  versus a total put value of  312,000,000 Combined total value = 32,374,387,500

Strike  180  has a total call value of 36,321,187,500  versus a total put value of  169,650,000 Combined total value = 36,490,837,500

Strike  181  has a total call value of 41,767,537,500  versus a total put value of  158,925,000 Combined total value = 41,926,462,500

Strike  182  has a total call value of 47,300,662,500  versus a total put value of  148,200,000 Combined total value = 47,448,862,500

Strike  182.5  has a total call value of 50,096,962,500  versus a total put value of  142,837,500 Combined total value = 50,239,800,000

Strike  183  has a total call value of 52,904,475,000  versus a total put value of  137,475,000 Combined total value = 53,041,950,000

Strike  184  has a total call value of 58,560,450,000  versus a total put value of  126,750,000 Combined total value = 58,687,200,000

Strike  185  has a total call value of 64,255,425,000  versus a total put value of  116,025,000 Combined total value = 64,371,450,000

Strike  186  has a total call value of 70,405,725,000  versus a total put value of  105,300,000 Combined total value = 70,511,025,000

Strike  187  has a total call value of 76,607,700,000  versus a total put value of  94,575,000 Combined total value = 76,702,275,000

Strike  187.5  has a total call value of 79,742,325,000  versus a total put value of  89,212,500 Combined total value = 79,831,537,500

Strike  188  has a total call value of 82,887,187,500  versus a total put value of  83,850,000 Combined total value = 82,971,037,500

Strike  189  has a total call value of 89,200,312,500  versus a total put value of  73,125,000 Combined total value = 89,273,437,500

Strike  190  has a total call value of 95,560,237,500  versus a total put value of  62,400,000 Combined total value = 95,622,637,500

Strike  191  has a total call value of 102,805,462,500  versus a total put value of  51,675,000 Combined total value = 102,857,137,500

Strike  192  has a total call value of 110,050,687,500  versus a total put value of  40,950,000 Combined total value = 110,091,637,500

Strike  192.5  has a total call value of 113,695,725,000  versus a total put value of  35,587,500 Combined total value = 113,731,312,500

Strike  193  has a total call value of 117,340,762,500  versus a total put value of  30,225,000 Combined total value = 117,370,987,500

Strike  194  has a total call value of 124,630,837,500  versus a total put value of  19,500,000 Combined total value = 124,650,337,500

Strike  195  has a total call value of 131,970,637,500  versus a total put value of  15,600,000 Combined total value = 131,986,237,500

Strike  196  has a total call value of 139,536,637,500  versus a total put value of  11,700,000 Combined total value = 139,548,337,500

Strike  197  has a total call value of 147,162,112,500  versus a total put value of  7,800,000 Combined total value = 147,169,912,500

Strike  197.5  has a total call value of 150,974,850,000  versus a total put value of  5,850,000 Combined total value = 150,980,700,000

Strike  198  has a total call value of 154,787,587,500  versus a total put value of  3,900,000 Combined total value = 154,791,487,500

Strike  199  has a total call value of 162,571,012,500  versus a total put value of  1,950,000 Combined total value = 162,572,962,500

Strike  200  has a total call value of 170,354,437,500  versus a total put value of  0 Combined total value = 170,354,437,500

Strike  201  has a total call value of 178,608,787,500  versus a total put value of  0 Combined total value = 178,608,787,500

Strike  202.5  has a total call value of 190,990,312,500  versus a total put value of  0 Combined total value = 190,990,312,500

Strike  204  has a total call value of 203,371,837,500  versus a total put value of  0 Combined total value = 203,371,837,500

Strike  205  has a total call value of 211,626,187,500  versus a total put value of  0 Combined total value = 211,626,187,500

Strike  207.5  has a total call value of 232,262,062,500  versus a total put value of  0 Combined total value = 232,262,062,500

Strike  210  has a total call value of 252,897,937,500  versus a total put value of  0 Combined total value = 252,897,937,500

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.