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AXISBANK
AXIS BANK LIMITED

1085.2 -11.60 (-1.06%)


Strike  880  has a total call value of 0  versus a total put value of  132,428,125,000 Combined total value = 132,428,125,000

Strike  890  has a total call value of 9,375,000  versus a total put value of  123,875,625,000 Combined total value = 123,885,000,000

Strike  900  has a total call value of 18,750,000  versus a total put value of  115,323,125,000 Combined total value = 115,341,875,000

Strike  910  has a total call value of 28,125,000  versus a total put value of  107,081,875,000 Combined total value = 107,110,000,000

Strike  920  has a total call value of 37,500,000  versus a total put value of  98,901,250,000 Combined total value = 98,938,750,000

Strike  930  has a total call value of 46,875,000  versus a total put value of  90,801,250,000 Combined total value = 90,848,125,000

Strike  940  has a total call value of 56,250,000  versus a total put value of  82,885,000,000 Combined total value = 82,941,250,000

Strike  950  has a total call value of 65,625,000  versus a total put value of  74,993,125,000 Combined total value = 75,058,750,000

Strike  960  has a total call value of 75,000,000  versus a total put value of  67,543,750,000 Combined total value = 67,618,750,000

Strike  970  has a total call value of 84,375,000  versus a total put value of  60,175,625,000 Combined total value = 60,260,000,000

Strike  980  has a total call value of 93,750,000  versus a total put value of  53,085,625,000 Combined total value = 53,179,375,000

Strike  990  has a total call value of 118,125,000  versus a total put value of  46,244,375,000 Combined total value = 46,362,500,000

Strike  1000  has a total call value of 142,500,000  versus a total put value of  39,522,500,000 Combined total value = 39,665,000,000

Strike  1010  has a total call value of 261,250,000  versus a total put value of  33,470,000,000 Combined total value = 33,731,250,000

Strike  1020  has a total call value of 393,750,000  versus a total put value of  27,560,625,000 Combined total value = 27,954,375,000

Strike  1030  has a total call value of 583,125,000  versus a total put value of  21,940,000,000 Combined total value = 22,523,125,000

Strike  1040  has a total call value of 843,125,000  versus a total put value of  16,566,875,000 Combined total value = 17,410,000,000

Strike  1050  has a total call value of 1,221,250,000  versus a total put value of  11,668,125,000 Combined total value = 12,889,375,000

Strike  1060  has a total call value of 1,938,750,000  versus a total put value of  8,255,000,000 Combined total value = 10,193,750,000

Strike  1070  has a total call value of 3,252,500,000  versus a total put value of  5,544,375,000 Combined total value = 8,796,875,000

Strike  1080  has a total call value of 5,377,500,000  versus a total put value of  3,410,000,000 Combined total value = 8,787,500,000

Strike  1090  has a total call value of 8,858,750,000  versus a total put value of  2,068,125,000 Combined total value = 10,926,875,000

Strike  1100  has a total call value of 13,733,125,000  versus a total put value of  1,139,375,000 Combined total value = 14,872,500,000

Strike  1110  has a total call value of 21,311,250,000  versus a total put value of  725,625,000 Combined total value = 22,036,875,000

Strike  1120  has a total call value of 29,964,375,000  versus a total put value of  490,625,000 Combined total value = 30,455,000,000

Strike  1130  has a total call value of 39,679,375,000  versus a total put value of  353,750,000 Combined total value = 40,033,125,000

Strike  1140  has a total call value of 49,921,875,000  versus a total put value of  243,750,000 Combined total value = 50,165,625,000

Strike  1150  has a total call value of 60,894,375,000  versus a total put value of  178,125,000 Combined total value = 61,072,500,000

Strike  1160  has a total call value of 72,672,500,000  versus a total put value of  142,500,000 Combined total value = 72,815,000,000

Strike  1170  has a total call value of 84,839,375,000  versus a total put value of  106,875,000 Combined total value = 84,946,250,000

Strike  1180  has a total call value of 97,290,625,000  versus a total put value of  71,250,000 Combined total value = 97,361,875,000

Strike  1190  has a total call value of 109,978,125,000  versus a total put value of  35,625,000 Combined total value = 110,013,750,000

Strike  1200  has a total call value of 122,993,125,000  versus a total put value of  0 Combined total value = 122,993,125,000

Strike  1210  has a total call value of 137,216,250,000  versus a total put value of  0 Combined total value = 137,216,250,000

Strike  1220  has a total call value of 151,611,875,000  versus a total put value of  0 Combined total value = 151,611,875,000

Strike  1230  has a total call value of 166,155,000,000  versus a total put value of  0 Combined total value = 166,155,000,000

Strike  1240  has a total call value of 180,754,375,000  versus a total put value of  0 Combined total value = 180,754,375,000

Strike  1250  has a total call value of 195,414,375,000  versus a total put value of  0 Combined total value = 195,414,375,000

Strike  1260  has a total call value of 210,398,125,000  versus a total put value of  0 Combined total value = 210,398,125,000

Strike  1270  has a total call value of 225,520,625,000  versus a total put value of  0 Combined total value = 225,520,625,000

Strike  1280  has a total call value of 240,730,625,000  versus a total put value of  0 Combined total value = 240,730,625,000

Strike  1290  has a total call value of 255,940,625,000  versus a total put value of  0 Combined total value = 255,940,625,000

Strike  1300  has a total call value of 271,150,625,000  versus a total put value of  0 Combined total value = 271,150,625,000

Strike  1310  has a total call value of 286,513,750,000  versus a total put value of  0 Combined total value = 286,513,750,000

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.