KOTAKBANK
KOTAK MAHINDRA BANK LTD
Max pain for KOTAKBANK
18 Apr 2024 06:52 PM IST
Max Pain for KOTAKBANK is 1800
Strike 1500 has a total call value of 0 versus a total put value of 150,035,200,000 Combined total value = 150,035,200,000
Strike 1510 has a total call value of 0 versus a total put value of 144,069,200,000 Combined total value = 144,069,200,000
Strike 1520 has a total call value of 0 versus a total put value of 138,103,200,000 Combined total value = 138,103,200,000
Strike 1530 has a total call value of 0 versus a total put value of 132,137,200,000 Combined total value = 132,137,200,000
Strike 1540 has a total call value of 0 versus a total put value of 126,171,200,000 Combined total value = 126,171,200,000
Strike 1550 has a total call value of 0 versus a total put value of 120,205,200,000 Combined total value = 120,205,200,000
Strike 1560 has a total call value of 0 versus a total put value of 114,239,200,000 Combined total value = 114,239,200,000
Strike 1570 has a total call value of 0 versus a total put value of 108,273,200,000 Combined total value = 108,273,200,000
Strike 1580 has a total call value of 0 versus a total put value of 102,307,200,000 Combined total value = 102,307,200,000
Strike 1590 has a total call value of 0 versus a total put value of 96,465,600,000 Combined total value = 96,465,600,000
Strike 1600 has a total call value of 0 versus a total put value of 90,624,000,000 Combined total value = 90,624,000,000
Strike 1610 has a total call value of 7,600,000 versus a total put value of 84,985,600,000 Combined total value = 84,993,200,000
Strike 1620 has a total call value of 15,200,000 versus a total put value of 79,347,200,000 Combined total value = 79,362,400,000
Strike 1630 has a total call value of 22,800,000 versus a total put value of 73,742,000,000 Combined total value = 73,764,800,000
Strike 1640 has a total call value of 30,400,000 versus a total put value of 68,190,000,000 Combined total value = 68,220,400,000
Strike 1650 has a total call value of 38,000,000 versus a total put value of 62,678,000,000 Combined total value = 62,716,000,000
Strike 1660 has a total call value of 45,600,000 versus a total put value of 57,364,800,000 Combined total value = 57,410,400,000
Strike 1670 has a total call value of 53,200,000 versus a total put value of 52,132,400,000 Combined total value = 52,185,600,000
Strike 1680 has a total call value of 60,800,000 versus a total put value of 46,924,800,000 Combined total value = 46,985,600,000
Strike 1690 has a total call value of 68,400,000 versus a total put value of 41,892,400,000 Combined total value = 41,960,800,000
Strike 1700 has a total call value of 76,000,000 versus a total put value of 36,910,800,000 Combined total value = 36,986,800,000
Strike 1710 has a total call value of 230,400,000 versus a total put value of 32,583,600,000 Combined total value = 32,814,000,000
Strike 1720 has a total call value of 384,800,000 versus a total put value of 28,363,200,000 Combined total value = 28,748,000,000
Strike 1730 has a total call value of 567,600,000 versus a total put value of 24,327,200,000 Combined total value = 24,894,800,000
Strike 1740 has a total call value of 792,800,000 versus a total put value of 20,471,200,000 Combined total value = 21,264,000,000
Strike 1750 has a total call value of 1,219,600,000 versus a total put value of 17,184,400,000 Combined total value = 18,404,000,000
Strike 1760 has a total call value of 2,094,400,000 versus a total put value of 14,461,600,000 Combined total value = 16,556,000,000
Strike 1770 has a total call value of 3,273,200,000 versus a total put value of 12,004,400,000 Combined total value = 15,277,600,000
Strike 1780 has a total call value of 4,597,200,000 versus a total put value of 9,682,800,000 Combined total value = 14,280,000,000
Strike 1790 has a total call value of 6,168,800,000 versus a total put value of 7,743,600,000 Combined total value = 13,912,400,000
Strike 1800 has a total call value of 7,909,200,000 versus a total put value of 5,935,200,000 Combined total value = 13,844,400,000
Strike 1810 has a total call value of 11,628,800,000 versus a total put value of 4,944,000,000 Combined total value = 16,572,800,000
Strike 1820 has a total call value of 16,013,600,000 versus a total put value of 4,053,200,000 Combined total value = 20,066,800,000
Strike 1830 has a total call value of 21,119,200,000 versus a total put value of 3,334,400,000 Combined total value = 24,453,600,000
Strike 1840 has a total call value of 26,796,800,000 versus a total put value of 2,763,200,000 Combined total value = 29,560,000,000
Strike 1850 has a total call value of 32,915,600,000 versus a total put value of 2,300,000,000 Combined total value = 35,215,600,000
Strike 1860 has a total call value of 40,192,400,000 versus a total put value of 1,940,400,000 Combined total value = 42,132,800,000
Strike 1870 has a total call value of 47,992,400,000 versus a total put value of 1,660,400,000 Combined total value = 49,652,800,000
Strike 1880 has a total call value of 55,918,400,000 versus a total put value of 1,390,000,000 Combined total value = 57,308,400,000
Strike 1890 has a total call value of 64,021,600,000 versus a total put value of 1,127,600,000 Combined total value = 65,149,200,000
Strike 1900 has a total call value of 72,227,600,000 versus a total put value of 868,000,000 Combined total value = 73,095,600,000
Strike 1910 has a total call value of 81,396,800,000 versus a total put value of 781,200,000 Combined total value = 82,178,000,000
Strike 1920 has a total call value of 90,610,400,000 versus a total put value of 694,400,000 Combined total value = 91,304,800,000
Strike 1930 has a total call value of 100,025,200,000 versus a total put value of 607,600,000 Combined total value = 100,632,800,000
Strike 1940 has a total call value of 109,451,200,000 versus a total put value of 520,800,000 Combined total value = 109,972,000,000
Strike 1950 has a total call value of 118,974,400,000 versus a total put value of 434,000,000 Combined total value = 119,408,400,000
Strike 1960 has a total call value of 128,578,000,000 versus a total put value of 347,200,000 Combined total value = 128,925,200,000
Strike 1970 has a total call value of 138,321,600,000 versus a total put value of 260,400,000 Combined total value = 138,582,000,000
Strike 1980 has a total call value of 148,065,200,000 versus a total put value of 173,600,000 Combined total value = 148,238,800,000
Strike 1990 has a total call value of 157,953,600,000 versus a total put value of 86,800,000 Combined total value = 158,040,400,000
Strike 2000 has a total call value of 167,842,000,000 versus a total put value of 0 Combined total value = 167,842,000,000
Strike 2010 has a total call value of 178,186,000,000 versus a total put value of 0 Combined total value = 178,186,000,000
Strike 2020 has a total call value of 188,530,000,000 versus a total put value of 0 Combined total value = 188,530,000,000
Strike 2030 has a total call value of 198,874,000,000 versus a total put value of 0 Combined total value = 198,874,000,000
Strike 2040 has a total call value of 209,218,000,000 versus a total put value of 0 Combined total value = 209,218,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
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.