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ALKEM
Alkem Laboratories Ltd.

6191.3 54.20 (0.88%)

Max pain for ALKEM

11 Oct 2024 04:11 PM IST

Max Pain for ALKEM is 6200  



Strike  5200  has a total call value of 0  versus a total put value of  9,198,500,000 Combined total value = 9,198,500,000

Strike  5250  has a total call value of 0  versus a total put value of  8,640,500,000 Combined total value = 8,640,500,000

Strike  5300  has a total call value of 0  versus a total put value of  8,082,500,000 Combined total value = 8,082,500,000

Strike  5350  has a total call value of 0  versus a total put value of  7,536,000,000 Combined total value = 7,536,000,000

Strike  5400  has a total call value of 0  versus a total put value of  6,989,500,000 Combined total value = 6,989,500,000

Strike  5450  has a total call value of 0  versus a total put value of  6,443,000,000 Combined total value = 6,443,000,000

Strike  5500  has a total call value of 0  versus a total put value of  5,896,500,000 Combined total value = 5,896,500,000

Strike  5550  has a total call value of 500,000  versus a total put value of  5,350,000,000 Combined total value = 5,350,500,000

Strike  5600  has a total call value of 1,000,000  versus a total put value of  4,803,500,000 Combined total value = 4,804,500,000

Strike  5650  has a total call value of 1,500,000  versus a total put value of  4,293,500,000 Combined total value = 4,295,000,000

Strike  5700  has a total call value of 2,000,000  versus a total put value of  3,783,500,000 Combined total value = 3,785,500,000

Strike  5750  has a total call value of 2,500,000  versus a total put value of  3,306,500,000 Combined total value = 3,309,000,000

Strike  5800  has a total call value of 3,000,000  versus a total put value of  2,839,000,000 Combined total value = 2,842,000,000

Strike  5850  has a total call value of 3,500,000  versus a total put value of  2,429,000,000 Combined total value = 2,432,500,000

Strike  5900  has a total call value of 4,000,000  versus a total put value of  2,019,000,000 Combined total value = 2,023,000,000

Strike  5950  has a total call value of 4,500,000  versus a total put value of  1,650,500,000 Combined total value = 1,655,000,000

Strike  6000  has a total call value of 5,000,000  versus a total put value of  1,282,000,000 Combined total value = 1,287,000,000

Strike  6050  has a total call value of 33,000,000  versus a total put value of  966,000,000 Combined total value = 999,000,000

Strike  6100  has a total call value of 63,000,000  versus a total put value of  662,000,000 Combined total value = 725,000,000

Strike  6150  has a total call value of 145,500,000  versus a total put value of  430,000,000 Combined total value = 575,500,000

Strike  6200  has a total call value of 242,500,000  versus a total put value of  225,000,000 Combined total value = 467,500,000

Strike  6250  has a total call value of 508,000,000  versus a total put value of  138,000,000 Combined total value = 646,000,000

Strike  6300  has a total call value of 807,500,000  versus a total put value of  51,000,000 Combined total value = 858,500,000

Strike  6350  has a total call value of 1,423,000,000  versus a total put value of  31,500,000 Combined total value = 1,454,500,000

Strike  6400  has a total call value of 2,055,000,000  versus a total put value of  12,000,000 Combined total value = 2,067,000,000

Strike  6450  has a total call value of 2,788,500,000  versus a total put value of  9,000,000 Combined total value = 2,797,500,000

Strike  6500  has a total call value of 3,530,000,000  versus a total put value of  6,000,000 Combined total value = 3,536,000,000

Strike  6550  has a total call value of 4,579,500,000  versus a total put value of  3,000,000 Combined total value = 4,582,500,000

Strike  6600  has a total call value of 5,646,000,000  versus a total put value of  0 Combined total value = 5,646,000,000

Strike  6650  has a total call value of 6,830,500,000  versus a total put value of  0 Combined total value = 6,830,500,000

Strike  6700  has a total call value of 8,026,000,000  versus a total put value of  0 Combined total value = 8,026,000,000

Strike  6750  has a total call value of 9,390,500,000  versus a total put value of  0 Combined total value = 9,390,500,000

Strike  6800  has a total call value of 10,755,000,000  versus a total put value of  0 Combined total value = 10,755,000,000

Strike  6850  has a total call value of 12,186,000,000  versus a total put value of  0 Combined total value = 12,186,000,000

Strike  6900  has a total call value of 13,617,000,000  versus a total put value of  0 Combined total value = 13,617,000,000

Strike  6950  has a total call value of 15,074,500,000  versus a total put value of  0 Combined total value = 15,074,500,000

Strike  7000  has a total call value of 16,532,000,000  versus a total put value of  0 Combined total value = 16,532,000,000

Strike  7050  has a total call value of 18,030,500,000  versus a total put value of  0 Combined total value = 18,030,500,000

Strike  7100  has a total call value of 19,529,000,000  versus a total put value of  0 Combined total value = 19,529,000,000

Strike  7150  has a total call value of 21,027,500,000  versus a total put value of  0 Combined total value = 21,027,500,000

Strike  7200  has a total call value of 22,526,000,000  versus a total put value of  0 Combined total value = 22,526,000,000

All Max-Pain Table


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.