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AUROPHARMA
AUROBINDO PHARMA LTD

1041.9 -1.90 (-0.18%)


Strike  840  has a total call value of 0  versus a total put value of  82,399,900,000 Combined total value = 82,399,900,000

Strike  850  has a total call value of 0  versus a total put value of  75,978,100,000 Combined total value = 75,978,100,000

Strike  860  has a total call value of 0  versus a total put value of  69,556,300,000 Combined total value = 69,556,300,000

Strike  870  has a total call value of 0  versus a total put value of  64,743,800,000 Combined total value = 64,743,800,000

Strike  880  has a total call value of 0  versus a total put value of  59,945,600,000 Combined total value = 59,945,600,000

Strike  890  has a total call value of 0  versus a total put value of  55,167,200,000 Combined total value = 55,167,200,000

Strike  900  has a total call value of 0  versus a total put value of  50,396,500,000 Combined total value = 50,396,500,000

Strike  910  has a total call value of 16,500,000  versus a total put value of  46,018,500,000 Combined total value = 46,035,000,000

Strike  920  has a total call value of 33,000,000  versus a total put value of  41,650,400,000 Combined total value = 41,683,400,000

Strike  930  has a total call value of 49,500,000  versus a total put value of  37,502,300,000 Combined total value = 37,551,800,000

Strike  940  has a total call value of 66,000,000  versus a total put value of  33,411,400,000 Combined total value = 33,477,400,000

Strike  950  has a total call value of 82,500,000  versus a total put value of  29,544,900,000 Combined total value = 29,627,400,000

Strike  960  has a total call value of 111,100,000  versus a total put value of  26,439,600,000 Combined total value = 26,550,700,000

Strike  970  has a total call value of 139,700,000  versus a total put value of  23,401,400,000 Combined total value = 23,541,100,000

Strike  980  has a total call value of 168,300,000  versus a total put value of  20,453,400,000 Combined total value = 20,621,700,000

Strike  990  has a total call value of 212,300,000  versus a total put value of  17,683,600,000 Combined total value = 17,895,900,000

Strike  1000  has a total call value of 276,100,000  versus a total put value of  14,947,900,000 Combined total value = 15,224,000,000

Strike  1010  has a total call value of 514,800,000  versus a total put value of  12,640,100,000 Combined total value = 13,154,900,000

Strike  1020  has a total call value of 818,400,000  versus a total put value of  10,396,100,000 Combined total value = 11,214,500,000

Strike  1030  has a total call value of 2,005,300,000  versus a total put value of  8,433,700,000 Combined total value = 10,439,000,000

Strike  1040  has a total call value of 3,404,500,000  versus a total put value of  6,637,400,000 Combined total value = 10,041,900,000

Strike  1050  has a total call value of 5,630,900,000  versus a total put value of  5,232,700,000 Combined total value = 10,863,600,000

Strike  1060  has a total call value of 8,995,800,000  versus a total put value of  4,298,800,000 Combined total value = 13,294,600,000

Strike  1070  has a total call value of 13,139,500,000  versus a total put value of  3,523,300,000 Combined total value = 16,662,800,000

Strike  1080  has a total call value of 17,636,300,000  versus a total put value of  2,827,000,000 Combined total value = 20,463,300,000

Strike  1090  has a total call value of 22,534,600,000  versus a total put value of  2,200,000,000 Combined total value = 24,734,600,000

Strike  1100  has a total call value of 27,602,300,000  versus a total put value of  1,595,000,000 Combined total value = 29,197,300,000

Strike  1110  has a total call value of 34,723,700,000  versus a total put value of  1,184,700,000 Combined total value = 35,908,400,000

Strike  1120  has a total call value of 41,998,000,000  versus a total put value of  838,200,000 Combined total value = 42,836,200,000

Strike  1130  has a total call value of 49,512,100,000  versus a total put value of  535,700,000 Combined total value = 50,047,800,000

Strike  1140  has a total call value of 57,117,500,000  versus a total put value of  276,100,000 Combined total value = 57,393,600,000

Strike  1150  has a total call value of 64,896,700,000  versus a total put value of  59,400,000 Combined total value = 64,956,100,000

Strike  1160  has a total call value of 73,444,800,000  versus a total put value of  0 Combined total value = 73,444,800,000

Strike  1170  has a total call value of 82,504,400,000  versus a total put value of  0 Combined total value = 82,504,400,000

Strike  1180  has a total call value of 91,787,300,000  versus a total put value of  0 Combined total value = 91,787,300,000

Strike  1190  has a total call value of 101,293,500,000  versus a total put value of  0 Combined total value = 101,293,500,000

Strike  1200  has a total call value of 110,858,000,000  versus a total put value of  0 Combined total value = 110,858,000,000

Strike  1210  has a total call value of 122,258,400,000  versus a total put value of  0 Combined total value = 122,258,400,000

Strike  1220  has a total call value of 133,691,800,000  versus a total put value of  0 Combined total value = 133,691,800,000

Strike  1230  has a total call value of 145,171,400,000  versus a total put value of  0 Combined total value = 145,171,400,000

Strike  1240  has a total call value of 156,665,300,000  versus a total put value of  0 Combined total value = 156,665,300,000

Strike  1250  has a total call value of 168,179,000,000  versus a total put value of  0 Combined total value = 168,179,000,000

Strike  1260  has a total call value of 179,956,700,000  versus a total put value of  0 Combined total value = 179,956,700,000

Strike  1270  has a total call value of 191,896,100,000  versus a total put value of  0 Combined total value = 191,896,100,000

Strike  1280  has a total call value of 203,858,600,000  versus a total put value of  0 Combined total value = 203,858,600,000

Strike  1290  has a total call value of 215,982,800,000  versus a total put value of  0 Combined total value = 215,982,800,000

Strike  1300  has a total call value of 228,107,000,000  versus a total put value of  0 Combined total value = 228,107,000,000

Strike  1310  has a total call value of 240,465,500,000  versus a total put value of  0 Combined total value = 240,465,500,000

Strike  1320  has a total call value of 252,855,900,000  versus a total put value of  0 Combined total value = 252,855,900,000

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.