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ABBOTINDIA
ABBOTT INDIA LIMITED

28216.65 -217.55 (-0.77%)


Strike  27000  has a total call value of 0  versus a total put value of  636,000,000 Combined total value = 636,000,000

Strike  27250  has a total call value of 0  versus a total put value of  487,000,000 Combined total value = 487,000,000

Strike  27500  has a total call value of 0  versus a total put value of  338,000,000 Combined total value = 338,000,000

Strike  27750  has a total call value of 0  versus a total put value of  189,000,000 Combined total value = 189,000,000

Strike  28000  has a total call value of 0  versus a total put value of  40,000,000 Combined total value = 40,000,000

Strike  28250  has a total call value of 30,000,000  versus a total put value of  30,000,000 Combined total value = 60,000,000

Strike  28500  has a total call value of 60,000,000  versus a total put value of  20,000,000 Combined total value = 80,000,000

Strike  28750  has a total call value of 131,000,000  versus a total put value of  10,000,000 Combined total value = 141,000,000

Strike  29000  has a total call value of 202,000,000  versus a total put value of  0 Combined total value = 202,000,000

Strike  29250  has a total call value of 367,000,000  versus a total put value of  0 Combined total value = 367,000,000

Strike  29500  has a total call value of 574,000,000  versus a total put value of  0 Combined total value = 574,000,000

Strike  29750  has a total call value of 805,000,000  versus a total put value of  0 Combined total value = 805,000,000

Strike  30000  has a total call value of 1,036,000,000  versus a total put value of  0 Combined total value = 1,036,000,000

Strike  30250  has a total call value of 1,275,000,000  versus a total put value of  0 Combined total value = 1,275,000,000

Strike  30500  has a total call value of 1,514,000,000  versus a total put value of  0 Combined total value = 1,514,000,000

Strike  30750  has a total call value of 1,753,000,000  versus a total put value of  0 Combined total value = 1,753,000,000

Strike  31000  has a total call value of 1,992,000,000  versus a total put value of  0 Combined total value = 1,992,000,000

Strike  31250  has a total call value of 2,231,000,000  versus a total put value of  0 Combined total value = 2,231,000,000

Strike  31500  has a total call value of 2,470,000,000  versus a total put value of  0 Combined total value = 2,470,000,000

Strike  31750  has a total call value of 2,709,000,000  versus a total put value of  0 Combined total value = 2,709,000,000

Strike  32000  has a total call value of 2,948,000,000  versus a total put value of  0 Combined total value = 2,948,000,000

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.