ALKEM
ALKEM LABORATORIES LTD.
Max pain for ALKEM
29 Nov 2023 04:15 PM IST
Max Pain for ALKEM is 4300
Strike 3300 has a total call value of 0 versus a total put value of 43,728,600,000 Combined total value = 43,728,600,000
Strike 3320 has a total call value of 0 versus a total put value of 42,755,400,000 Combined total value = 42,755,400,000
Strike 3340 has a total call value of 0 versus a total put value of 41,782,200,000 Combined total value = 41,782,200,000
Strike 3350 has a total call value of 0 versus a total put value of 41,295,600,000 Combined total value = 41,295,600,000
Strike 3360 has a total call value of 0 versus a total put value of 40,809,000,000 Combined total value = 40,809,000,000
Strike 3380 has a total call value of 0 versus a total put value of 39,835,800,000 Combined total value = 39,835,800,000
Strike 3400 has a total call value of 0 versus a total put value of 38,862,600,000 Combined total value = 38,862,600,000
Strike 3420 has a total call value of 0 versus a total put value of 37,889,400,000 Combined total value = 37,889,400,000
Strike 3440 has a total call value of 0 versus a total put value of 36,916,200,000 Combined total value = 36,916,200,000
Strike 3450 has a total call value of 0 versus a total put value of 36,429,600,000 Combined total value = 36,429,600,000
Strike 3460 has a total call value of 0 versus a total put value of 35,943,000,000 Combined total value = 35,943,000,000
Strike 3480 has a total call value of 0 versus a total put value of 34,969,800,000 Combined total value = 34,969,800,000
Strike 3500 has a total call value of 0 versus a total put value of 33,996,600,000 Combined total value = 33,996,600,000
Strike 3520 has a total call value of 0 versus a total put value of 33,023,400,000 Combined total value = 33,023,400,000
Strike 3540 has a total call value of 0 versus a total put value of 32,050,200,000 Combined total value = 32,050,200,000
Strike 3550 has a total call value of 0 versus a total put value of 31,563,600,000 Combined total value = 31,563,600,000
Strike 3560 has a total call value of 0 versus a total put value of 31,077,000,000 Combined total value = 31,077,000,000
Strike 3580 has a total call value of 0 versus a total put value of 30,103,800,000 Combined total value = 30,103,800,000
Strike 3600 has a total call value of 0 versus a total put value of 29,130,600,000 Combined total value = 29,130,600,000
Strike 3620 has a total call value of 11,200,000 versus a total put value of 28,183,000,000 Combined total value = 28,194,200,000
Strike 3640 has a total call value of 22,400,000 versus a total put value of 27,235,400,000 Combined total value = 27,257,800,000
Strike 3650 has a total call value of 28,000,000 versus a total put value of 26,761,600,000 Combined total value = 26,789,600,000
Strike 3660 has a total call value of 33,600,000 versus a total put value of 26,288,800,000 Combined total value = 26,322,400,000
Strike 3680 has a total call value of 44,800,000 versus a total put value of 25,343,200,000 Combined total value = 25,388,000,000
Strike 3700 has a total call value of 56,000,000 versus a total put value of 24,397,600,000 Combined total value = 24,453,600,000
Strike 3720 has a total call value of 81,600,000 versus a total put value of 23,469,200,000 Combined total value = 23,550,800,000
Strike 3740 has a total call value of 107,200,000 versus a total put value of 22,542,400,000 Combined total value = 22,649,600,000
Strike 3750 has a total call value of 120,000,000 versus a total put value of 22,079,000,000 Combined total value = 22,199,000,000
Strike 3760 has a total call value of 132,800,000 versus a total put value of 21,615,600,000 Combined total value = 21,748,400,000
Strike 3780 has a total call value of 158,400,000 versus a total put value of 20,688,800,000 Combined total value = 20,847,200,000
Strike 3800 has a total call value of 184,000,000 versus a total put value of 19,762,000,000 Combined total value = 19,946,000,000
Strike 3820 has a total call value of 230,400,000 versus a total put value of 18,887,600,000 Combined total value = 19,118,000,000
Strike 3840 has a total call value of 276,800,000 versus a total put value of 18,013,600,000 Combined total value = 18,290,400,000
Strike 3850 has a total call value of 300,400,000 versus a total put value of 17,576,600,000 Combined total value = 17,877,000,000
Strike 3860 has a total call value of 324,000,000 versus a total put value of 17,142,800,000 Combined total value = 17,466,800,000
Strike 3880 has a total call value of 371,200,000 versus a total put value of 16,277,200,000 Combined total value = 16,648,400,000
Strike 3900 has a total call value of 418,400,000 versus a total put value of 15,412,000,000 Combined total value = 15,830,400,000
Strike 3920 has a total call value of 500,400,000 versus a total put value of 14,605,200,000 Combined total value = 15,105,600,000
Strike 3940 has a total call value of 582,400,000 versus a total put value of 13,798,400,000 Combined total value = 14,380,800,000
Strike 3950 has a total call value of 623,400,000 versus a total put value of 13,395,000,000 Combined total value = 14,018,400,000
Strike 3960 has a total call value of 664,400,000 versus a total put value of 12,991,600,000 Combined total value = 13,656,000,000
Strike 3980 has a total call value of 746,400,000 versus a total put value of 12,184,800,000 Combined total value = 12,931,200,000
Strike 4000 has a total call value of 828,400,000 versus a total put value of 11,378,000,000 Combined total value = 12,206,400,000
Strike 4020 has a total call value of 980,800,000 versus a total put value of 10,652,800,000 Combined total value = 11,633,600,000
Strike 4040 has a total call value of 1,133,200,000 versus a total put value of 9,927,600,000 Combined total value = 11,060,800,000
Strike 4050 has a total call value of 1,209,400,000 versus a total put value of 9,565,000,000 Combined total value = 10,774,400,000
Strike 4060 has a total call value of 1,285,600,000 versus a total put value of 9,202,400,000 Combined total value = 10,488,000,000
Strike 4080 has a total call value of 1,438,000,000 versus a total put value of 8,477,200,000 Combined total value = 9,915,200,000
Strike 4100 has a total call value of 1,590,400,000 versus a total put value of 7,752,000,000 Combined total value = 9,342,400,000
Strike 4120 has a total call value of 1,774,400,000 versus a total put value of 7,099,600,000 Combined total value = 8,874,000,000
Strike 4140 has a total call value of 1,958,400,000 versus a total put value of 6,447,200,000 Combined total value = 8,405,600,000
Strike 4150 has a total call value of 2,050,400,000 versus a total put value of 6,121,000,000 Combined total value = 8,171,400,000
Strike 4200 has a total call value of 2,510,400,000 versus a total put value of 4,540,000,000 Combined total value = 7,050,400,000
Strike 4250 has a total call value of 3,163,400,000 versus a total put value of 3,361,000,000 Combined total value = 6,524,400,000
Strike 4300 has a total call value of 3,875,400,000 versus a total put value of 2,290,000,000 Combined total value = 6,165,400,000
Strike 4350 has a total call value of 4,752,400,000 versus a total put value of 1,560,000,000 Combined total value = 6,312,400,000
Strike 4400 has a total call value of 5,629,400,000 versus a total put value of 932,000,000 Combined total value = 6,561,400,000
Strike 4450 has a total call value of 6,639,400,000 versus a total put value of 554,000,000 Combined total value = 7,193,400,000
Strike 4500 has a total call value of 7,663,400,000 versus a total put value of 259,000,000 Combined total value = 7,922,400,000
Strike 4550 has a total call value of 8,780,400,000 versus a total put value of 128,000,000 Combined total value = 8,908,400,000
Strike 4600 has a total call value of 9,948,400,000 versus a total put value of 50,000,000 Combined total value = 9,998,400,000
Strike 4650 has a total call value of 11,276,400,000 versus a total put value of 25,000,000 Combined total value = 11,301,400,000
Strike 4700 has a total call value of 12,653,400,000 versus a total put value of 0 Combined total value = 12,653,400,000
Strike 4750 has a total call value of 14,167,400,000 versus a total put value of 0 Combined total value = 14,167,400,000
Strike 4800 has a total call value of 15,681,400,000 versus a total put value of 0 Combined total value = 15,681,400,000
Strike 4850 has a total call value of 17,294,400,000 versus a total put value of 0 Combined total value = 17,294,400,000
Strike 4900 has a total call value of 18,921,400,000 versus a total put value of 0 Combined total value = 18,921,400,000
Strike 4950 has a total call value of 20,617,400,000 versus a total put value of 0 Combined total value = 20,617,400,000
Strike 5000 has a total call value of 22,313,400,000 versus a total put value of 0 Combined total value = 22,313,400,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.