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APOLLOTYRE
APOLLO TYRES LTD

545.8 -4.65 (-0.84%)

Max pain for APOLLOTYRE

18 Jul 2024 11:00 AM IST

Max Pain for APOLLOTYRE is 540  



Strike  430  has a total call value of 0  versus a total put value of  68,464,100,000 Combined total value = 68,464,100,000

Strike  435  has a total call value of 0  versus a total put value of  64,282,950,000 Combined total value = 64,282,950,000

Strike  440  has a total call value of 0  versus a total put value of  60,101,800,000 Combined total value = 60,101,800,000

Strike  445  has a total call value of 0  versus a total put value of  55,920,650,000 Combined total value = 55,920,650,000

Strike  450  has a total call value of 0  versus a total put value of  51,739,500,000 Combined total value = 51,739,500,000

Strike  455  has a total call value of 0  versus a total put value of  47,758,950,000 Combined total value = 47,758,950,000

Strike  460  has a total call value of 0  versus a total put value of  43,778,400,000 Combined total value = 43,778,400,000

Strike  465  has a total call value of 0  versus a total put value of  40,075,800,000 Combined total value = 40,075,800,000

Strike  470  has a total call value of 0  versus a total put value of  36,373,200,000 Combined total value = 36,373,200,000

Strike  475  has a total call value of 0  versus a total put value of  32,827,000,000 Combined total value = 32,827,000,000

Strike  480  has a total call value of 0  versus a total put value of  29,280,800,000 Combined total value = 29,280,800,000

Strike  485  has a total call value of 23,800,000  versus a total put value of  25,861,250,000 Combined total value = 25,885,050,000

Strike  490  has a total call value of 47,600,000  versus a total put value of  22,441,700,000 Combined total value = 22,489,300,000

Strike  495  has a total call value of 71,400,000  versus a total put value of  19,259,300,000 Combined total value = 19,330,700,000

Strike  500  has a total call value of 95,200,000  versus a total put value of  16,167,000,000 Combined total value = 16,262,200,000

Strike  505  has a total call value of 198,050,000  versus a total put value of  13,583,850,000 Combined total value = 13,781,900,000

Strike  510  has a total call value of 300,900,000  versus a total put value of  11,094,200,000 Combined total value = 11,395,100,000

Strike  515  has a total call value of 403,750,000  versus a total put value of  8,892,700,000 Combined total value = 9,296,450,000

Strike  520  has a total call value of 540,600,000  versus a total put value of  6,804,250,000 Combined total value = 7,344,850,000

Strike  525  has a total call value of 906,100,000  versus a total put value of  5,195,200,000 Combined total value = 6,101,300,000

Strike  530  has a total call value of 1,353,200,000  versus a total put value of  3,724,700,000 Combined total value = 5,077,900,000

Strike  535  has a total call value of 2,182,800,000  versus a total put value of  2,588,250,000 Combined total value = 4,771,050,000

Strike  540  has a total call value of 3,115,250,000  versus a total put value of  1,594,600,000 Combined total value = 4,709,850,000

Strike  545  has a total call value of 4,538,150,000  versus a total put value of  1,013,200,000 Combined total value = 5,551,350,000

Strike  550  has a total call value of 6,183,750,000  versus a total put value of  561,850,000 Combined total value = 6,745,600,000

Strike  555  has a total call value of 9,185,100,000  versus a total put value of  367,200,000 Combined total value = 9,552,300,000

Strike  560  has a total call value of 12,582,550,000  versus a total put value of  219,300,000 Combined total value = 12,801,850,000

Strike  565  has a total call value of 17,006,800,000  versus a total put value of  144,500,000 Combined total value = 17,151,300,000

Strike  570  has a total call value of 21,561,950,000  versus a total put value of  86,700,000 Combined total value = 21,648,650,000

Strike  575  has a total call value of 26,751,200,000  versus a total put value of  59,500,000 Combined total value = 26,810,700,000

Strike  580  has a total call value of 32,075,600,000  versus a total put value of  32,300,000 Combined total value = 32,107,900,000

Strike  585  has a total call value of 38,012,850,000  versus a total put value of  22,100,000 Combined total value = 38,034,950,000

Strike  590  has a total call value of 44,045,300,000  versus a total put value of  11,900,000 Combined total value = 44,057,200,000

Strike  595  has a total call value of 50,489,150,000  versus a total put value of  5,950,000 Combined total value = 50,495,100,000

Strike  600  has a total call value of 56,964,450,000  versus a total put value of  0 Combined total value = 56,964,450,000

Strike  605  has a total call value of 64,046,650,000  versus a total put value of  0 Combined total value = 64,046,650,000

Strike  610  has a total call value of 71,151,800,000  versus a total put value of  0 Combined total value = 71,151,800,000

Strike  615  has a total call value of 78,507,700,000  versus a total put value of  0 Combined total value = 78,507,700,000

Strike  620  has a total call value of 85,863,600,000  versus a total put value of  0 Combined total value = 85,863,600,000

All Max-Pain Table

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.