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AXISBANK
AXIS BANK LIMITED

1050.8 -10.54 (-0.99%)


Strike  880  has a total call value of 0  versus a total put value of  105,255,000,000 Combined total value = 105,255,000,000

Strike  890  has a total call value of 19,375,000  versus a total put value of  98,653,750,000 Combined total value = 98,673,125,000

Strike  900  has a total call value of 38,750,000  versus a total put value of  92,052,500,000 Combined total value = 92,091,250,000

Strike  910  has a total call value of 58,750,000  versus a total put value of  85,547,500,000 Combined total value = 85,606,250,000

Strike  920  has a total call value of 78,750,000  versus a total put value of  79,042,500,000 Combined total value = 79,121,250,000

Strike  930  has a total call value of 98,750,000  versus a total put value of  72,543,125,000 Combined total value = 72,641,875,000

Strike  940  has a total call value of 118,750,000  versus a total put value of  66,043,750,000 Combined total value = 66,162,500,000

Strike  950  has a total call value of 138,750,000  versus a total put value of  59,659,375,000 Combined total value = 59,798,125,000

Strike  960  has a total call value of 161,250,000  versus a total put value of  53,636,250,000 Combined total value = 53,797,500,000

Strike  970  has a total call value of 183,750,000  versus a total put value of  47,685,000,000 Combined total value = 47,868,750,000

Strike  980  has a total call value of 206,250,000  versus a total put value of  41,873,750,000 Combined total value = 42,080,000,000

Strike  990  has a total call value of 230,625,000  versus a total put value of  36,274,375,000 Combined total value = 36,505,000,000

Strike  1000  has a total call value of 255,000,000  versus a total put value of  30,852,500,000 Combined total value = 31,107,500,000

Strike  1010  has a total call value of 444,375,000  versus a total put value of  26,469,375,000 Combined total value = 26,913,750,000

Strike  1020  has a total call value of 653,750,000  versus a total put value of  22,252,500,000 Combined total value = 22,906,250,000

Strike  1030  has a total call value of 928,125,000  versus a total put value of  18,523,125,000 Combined total value = 19,451,250,000

Strike  1040  has a total call value of 1,283,750,000  versus a total put value of  15,061,875,000 Combined total value = 16,345,625,000

Strike  1050  has a total call value of 1,783,750,000  versus a total put value of  11,979,375,000 Combined total value = 13,763,125,000

Strike  1060  has a total call value of 2,944,375,000  versus a total put value of  9,563,125,000 Combined total value = 12,507,500,000

Strike  1070  has a total call value of 4,875,000,000  versus a total put value of  7,438,750,000 Combined total value = 12,313,750,000

Strike  1080  has a total call value of 7,656,875,000  versus a total put value of  5,635,000,000 Combined total value = 13,291,875,000

Strike  1090  has a total call value of 11,689,375,000  versus a total put value of  4,253,125,000 Combined total value = 15,942,500,000

Strike  1100  has a total call value of 16,451,250,000  versus a total put value of  3,011,875,000 Combined total value = 19,463,125,000

Strike  1110  has a total call value of 23,805,000,000  versus a total put value of  2,308,125,000 Combined total value = 26,113,125,000

Strike  1120  has a total call value of 32,004,375,000  versus a total put value of  1,723,125,000 Combined total value = 33,727,500,000

Strike  1130  has a total call value of 42,165,000,000  versus a total put value of  1,374,375,000 Combined total value = 43,539,375,000

Strike  1140  has a total call value of 52,963,125,000  versus a total put value of  1,091,875,000 Combined total value = 54,055,000,000

Strike  1150  has a total call value of 64,232,500,000  versus a total put value of  859,375,000 Combined total value = 65,091,875,000

Strike  1160  has a total call value of 76,670,625,000  versus a total put value of  687,500,000 Combined total value = 77,358,125,000

Strike  1170  has a total call value of 89,505,625,000  versus a total put value of  515,625,000 Combined total value = 90,021,250,000

Strike  1180  has a total call value of 102,670,000,000  versus a total put value of  343,750,000 Combined total value = 103,013,750,000

Strike  1190  has a total call value of 116,001,875,000  versus a total put value of  171,875,000 Combined total value = 116,173,750,000

Strike  1200  has a total call value of 129,450,625,000  versus a total put value of  0 Combined total value = 129,450,625,000

Strike  1210  has a total call value of 143,808,125,000  versus a total put value of  0 Combined total value = 143,808,125,000

Strike  1220  has a total call value of 158,261,250,000  versus a total put value of  0 Combined total value = 158,261,250,000

Strike  1230  has a total call value of 172,980,000,000  versus a total put value of  0 Combined total value = 172,980,000,000

Strike  1240  has a total call value of 188,056,250,000  versus a total put value of  0 Combined total value = 188,056,250,000

Strike  1250  has a total call value of 203,394,375,000  versus a total put value of  0 Combined total value = 203,394,375,000

Strike  1260  has a total call value of 218,962,500,000  versus a total put value of  0 Combined total value = 218,962,500,000

Strike  1270  has a total call value of 234,604,375,000  versus a total put value of  0 Combined total value = 234,604,375,000

Strike  1280  has a total call value of 250,246,250,000  versus a total put value of  0 Combined total value = 250,246,250,000

Strike  1290  has a total call value of 265,888,125,000  versus a total put value of  0 Combined total value = 265,888,125,000

Strike  1300  has a total call value of 281,530,000,000  versus a total put value of  0 Combined total value = 281,530,000,000

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.