[--[65.84.65.76]--]
AXISBANK
AXIS BANK LIMITED

1099.25 24.16 (2.25%)


Strike  880  has a total call value of 0  versus a total put value of  80,240,625,000 Combined total value = 80,240,625,000

Strike  890  has a total call value of 20,000,000  versus a total put value of  75,241,250,000 Combined total value = 75,261,250,000

Strike  900  has a total call value of 40,000,000  versus a total put value of  70,241,875,000 Combined total value = 70,281,875,000

Strike  910  has a total call value of 60,625,000  versus a total put value of  65,331,250,000 Combined total value = 65,391,875,000

Strike  920  has a total call value of 81,250,000  versus a total put value of  60,420,625,000 Combined total value = 60,501,875,000

Strike  930  has a total call value of 101,875,000  versus a total put value of  55,510,000,000 Combined total value = 55,611,875,000

Strike  940  has a total call value of 122,500,000  versus a total put value of  50,599,375,000 Combined total value = 50,721,875,000

Strike  950  has a total call value of 143,125,000  versus a total put value of  45,688,750,000 Combined total value = 45,831,875,000

Strike  960  has a total call value of 163,750,000  versus a total put value of  41,099,375,000 Combined total value = 41,263,125,000

Strike  970  has a total call value of 184,375,000  versus a total put value of  36,510,625,000 Combined total value = 36,695,000,000

Strike  980  has a total call value of 205,000,000  versus a total put value of  32,001,250,000 Combined total value = 32,206,250,000

Strike  990  has a total call value of 225,625,000  versus a total put value of  27,591,875,000 Combined total value = 27,817,500,000

Strike  1000  has a total call value of 246,250,000  versus a total put value of  23,263,750,000 Combined total value = 23,510,000,000

Strike  1010  has a total call value of 390,000,000  versus a total put value of  19,951,250,000 Combined total value = 20,341,250,000

Strike  1020  has a total call value of 536,875,000  versus a total put value of  16,686,875,000 Combined total value = 17,223,750,000

Strike  1030  has a total call value of 706,875,000  versus a total put value of  13,780,000,000 Combined total value = 14,486,875,000

Strike  1040  has a total call value of 886,250,000  versus a total put value of  10,984,375,000 Combined total value = 11,870,625,000

Strike  1050  has a total call value of 1,137,500,000  versus a total put value of  8,393,125,000 Combined total value = 9,530,625,000

Strike  1060  has a total call value of 1,543,125,000  versus a total put value of  6,380,625,000 Combined total value = 7,923,750,000

Strike  1070  has a total call value of 2,118,750,000  versus a total put value of  4,629,375,000 Combined total value = 6,748,125,000

Strike  1080  has a total call value of 2,905,000,000  versus a total put value of  3,121,250,000 Combined total value = 6,026,250,000

Strike  1090  has a total call value of 4,170,625,000  versus a total put value of  2,193,125,000 Combined total value = 6,363,750,000

Strike  1100  has a total call value of 5,730,625,000  versus a total put value of  1,461,250,000 Combined total value = 7,191,875,000

Strike  1110  has a total call value of 8,672,500,000  versus a total put value of  1,133,125,000 Combined total value = 9,805,625,000

Strike  1120  has a total call value of 11,809,375,000  versus a total put value of  832,500,000 Combined total value = 12,641,875,000

Strike  1130  has a total call value of 15,353,750,000  versus a total put value of  562,500,000 Combined total value = 15,916,250,000

Strike  1140  has a total call value of 19,093,125,000  versus a total put value of  320,625,000 Combined total value = 19,413,750,000

Strike  1150  has a total call value of 23,119,375,000  versus a total put value of  103,125,000 Combined total value = 23,222,500,000

Strike  1160  has a total call value of 28,360,625,000  versus a total put value of  82,500,000 Combined total value = 28,443,125,000

Strike  1170  has a total call value of 33,760,625,000  versus a total put value of  61,875,000 Combined total value = 33,822,500,000

Strike  1180  has a total call value of 39,315,625,000  versus a total put value of  41,250,000 Combined total value = 39,356,875,000

Strike  1190  has a total call value of 44,958,125,000  versus a total put value of  20,625,000 Combined total value = 44,978,750,000

Strike  1200  has a total call value of 50,618,125,000  versus a total put value of  0 Combined total value = 50,618,125,000

Strike  1210  has a total call value of 56,953,750,000  versus a total put value of  0 Combined total value = 56,953,750,000

Strike  1220  has a total call value of 63,300,625,000  versus a total put value of  0 Combined total value = 63,300,625,000

Strike  1230  has a total call value of 69,748,750,000  versus a total put value of  0 Combined total value = 69,748,750,000

Strike  1240  has a total call value of 76,283,125,000  versus a total put value of  0 Combined total value = 76,283,125,000

Strike  1250  has a total call value of 82,830,625,000  versus a total put value of  0 Combined total value = 82,830,625,000

Strike  1260  has a total call value of 89,525,625,000  versus a total put value of  0 Combined total value = 89,525,625,000

Strike  1270  has a total call value of 96,262,500,000  versus a total put value of  0 Combined total value = 96,262,500,000

Strike  1280  has a total call value of 102,999,375,000  versus a total put value of  0 Combined total value = 102,999,375,000

Strike  1290  has a total call value of 109,736,250,000  versus a total put value of  0 Combined total value = 109,736,250,000

Strike  1300  has a total call value of 116,473,125,000  versus a total put value of  0 Combined total value = 116,473,125,000

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.