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AXISBANK
AXIS BANK LIMITED

1181.05 6.40 (0.54%)

Max pain for AXISBANK

14 Jun 2024 04:05 PM IST

Max Pain for AXISBANK is 1170  



Strike  960  has a total call value of 0  versus a total put value of  132,981,875,000 Combined total value = 132,981,875,000

Strike  970  has a total call value of 0  versus a total put value of  125,558,750,000 Combined total value = 125,558,750,000

Strike  980  has a total call value of 0  versus a total put value of  118,135,625,000 Combined total value = 118,135,625,000

Strike  990  has a total call value of 0  versus a total put value of  110,748,125,000 Combined total value = 110,748,125,000

Strike  1000  has a total call value of 0  versus a total put value of  103,360,625,000 Combined total value = 103,360,625,000

Strike  1010  has a total call value of 0  versus a total put value of  96,302,500,000 Combined total value = 96,302,500,000

Strike  1020  has a total call value of 0  versus a total put value of  89,249,375,000 Combined total value = 89,249,375,000

Strike  1030  has a total call value of 0  versus a total put value of  82,196,250,000 Combined total value = 82,196,250,000

Strike  1040  has a total call value of 0  versus a total put value of  75,246,875,000 Combined total value = 75,246,875,000

Strike  1050  has a total call value of 0  versus a total put value of  68,401,875,000 Combined total value = 68,401,875,000

Strike  1060  has a total call value of 0  versus a total put value of  61,863,750,000 Combined total value = 61,863,750,000

Strike  1070  has a total call value of 0  versus a total put value of  55,476,875,000 Combined total value = 55,476,875,000

Strike  1080  has a total call value of 0  versus a total put value of  49,207,500,000 Combined total value = 49,207,500,000

Strike  1090  has a total call value of 0  versus a total put value of  43,081,250,000 Combined total value = 43,081,250,000

Strike  1100  has a total call value of 8,750,000  versus a total put value of  37,025,000,000 Combined total value = 37,033,750,000

Strike  1110  has a total call value of 196,250,000  versus a total put value of  31,798,750,000 Combined total value = 31,995,000,000

Strike  1120  has a total call value of 474,375,000  versus a total put value of  26,769,375,000 Combined total value = 27,243,750,000

Strike  1130  has a total call value of 803,125,000  versus a total put value of  22,138,750,000 Combined total value = 22,941,875,000

Strike  1140  has a total call value of 1,298,125,000  versus a total put value of  17,805,000,000 Combined total value = 19,103,125,000

Strike  1150  has a total call value of 1,943,750,000  versus a total put value of  13,814,375,000 Combined total value = 15,758,125,000

Strike  1160  has a total call value of 3,698,750,000  versus a total put value of  10,660,000,000 Combined total value = 14,358,750,000

Strike  1170  has a total call value of 5,715,625,000  versus a total put value of  7,918,750,000 Combined total value = 13,634,375,000

Strike  1180  has a total call value of 8,490,625,000  versus a total put value of  5,570,000,000 Combined total value = 14,060,625,000

Strike  1190  has a total call value of 12,143,125,000  versus a total put value of  3,751,875,000 Combined total value = 15,895,000,000

Strike  1200  has a total call value of 16,648,750,000  versus a total put value of  2,300,625,000 Combined total value = 18,949,375,000

Strike  1210  has a total call value of 25,713,125,000  versus a total put value of  1,581,250,000 Combined total value = 27,294,375,000

Strike  1220  has a total call value of 35,923,750,000  versus a total put value of  1,070,625,000 Combined total value = 36,994,375,000

Strike  1230  has a total call value of 47,763,125,000  versus a total put value of  688,125,000 Combined total value = 48,451,250,000

Strike  1240  has a total call value of 60,173,125,000  versus a total put value of  440,625,000 Combined total value = 60,613,750,000

Strike  1250  has a total call value of 73,960,625,000  versus a total put value of  284,375,000 Combined total value = 74,245,000,000

Strike  1260  has a total call value of 88,809,375,000  versus a total put value of  191,250,000 Combined total value = 89,000,625,000

Strike  1270  has a total call value of 104,180,625,000  versus a total put value of  121,250,000 Combined total value = 104,301,875,000

Strike  1280  has a total call value of 119,861,250,000  versus a total put value of  82,500,000 Combined total value = 119,943,750,000

Strike  1290  has a total call value of 135,958,750,000  versus a total put value of  43,750,000 Combined total value = 136,002,500,000

Strike  1300  has a total call value of 152,180,000,000  versus a total put value of  5,000,000 Combined total value = 152,185,000,000

Strike  1310  has a total call value of 169,637,500,000  versus a total put value of  2,500,000 Combined total value = 169,640,000,000

Strike  1320  has a total call value of 187,189,375,000  versus a total put value of  0 Combined total value = 187,189,375,000

Strike  1330  has a total call value of 205,033,750,000  versus a total put value of  0 Combined total value = 205,033,750,000

Strike  1340  has a total call value of 222,968,125,000  versus a total put value of  0 Combined total value = 222,968,125,000

Strike  1350  has a total call value of 241,410,000,000  versus a total put value of  0 Combined total value = 241,410,000,000

Strike  1360  has a total call value of 259,957,500,000  versus a total put value of  0 Combined total value = 259,957,500,000

Strike  1370  has a total call value of 278,631,250,000  versus a total put value of  0 Combined total value = 278,631,250,000

Strike  1380  has a total call value of 297,342,500,000  versus a total put value of  0 Combined total value = 297,342,500,000

Strike  1390  has a total call value of 316,137,500,000  versus a total put value of  0 Combined total value = 316,137,500,000

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.