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BANDHANBNK
BANDHAN BANK LIMITED

180 -0.85 (-0.47%)


Strike  155  has a total call value of 0  versus a total put value of  30,480,625,000 Combined total value = 30,480,625,000

Strike  157.5  has a total call value of 1,250,000  versus a total put value of  28,386,875,000 Combined total value = 28,388,125,000

Strike  160  has a total call value of 2,500,000  versus a total put value of  26,293,125,000 Combined total value = 26,295,625,000

Strike  162.5  has a total call value of 9,375,000  versus a total put value of  24,370,000,000 Combined total value = 24,379,375,000

Strike  165  has a total call value of 16,250,000  versus a total put value of  22,455,625,000 Combined total value = 22,471,875,000

Strike  167.5  has a total call value of 23,125,000  versus a total put value of  20,670,000,000 Combined total value = 20,693,125,000

Strike  170  has a total call value of 30,000,000  versus a total put value of  18,893,125,000 Combined total value = 18,923,125,000

Strike  172.5  has a total call value of 56,250,000  versus a total put value of  17,328,125,000 Combined total value = 17,384,375,000

Strike  175  has a total call value of 87,500,000  versus a total put value of  15,792,500,000 Combined total value = 15,880,000,000

Strike  177.5  has a total call value of 166,250,000  versus a total put value of  14,373,125,000 Combined total value = 14,539,375,000

Strike  180  has a total call value of 303,125,000  versus a total put value of  13,005,000,000 Combined total value = 13,308,125,000

Strike  182.5  has a total call value of 500,000,000  versus a total put value of  11,726,875,000 Combined total value = 12,226,875,000

Strike  185  has a total call value of 743,750,000  versus a total put value of  10,475,000,000 Combined total value = 11,218,750,000

Strike  187.5  has a total call value of 1,191,875,000  versus a total put value of  9,319,375,000 Combined total value = 10,511,250,000

Strike  190  has a total call value of 1,677,500,000  versus a total put value of  8,186,250,000 Combined total value = 9,863,750,000

Strike  192.5  has a total call value of 2,431,250,000  versus a total put value of  7,198,125,000 Combined total value = 9,629,375,000

Strike  195  has a total call value of 3,235,000,000  versus a total put value of  6,221,875,000 Combined total value = 9,456,875,000

Strike  197.5  has a total call value of 4,230,625,000  versus a total put value of  5,295,000,000 Combined total value = 9,525,625,000

Strike  200  has a total call value of 5,316,875,000  versus a total put value of  4,390,625,000 Combined total value = 9,707,500,000

Strike  202.5  has a total call value of 7,043,125,000  versus a total put value of  3,692,500,000 Combined total value = 10,735,625,000

Strike  205  has a total call value of 8,881,250,000  versus a total put value of  3,045,000,000 Combined total value = 11,926,250,000

Strike  207.5  has a total call value of 10,903,750,000  versus a total put value of  2,444,375,000 Combined total value = 13,348,125,000

Strike  210  has a total call value of 12,941,875,000  versus a total put value of  1,843,750,000 Combined total value = 14,785,625,000

Strike  212.5  has a total call value of 15,606,250,000  versus a total put value of  1,551,250,000 Combined total value = 17,157,500,000

Strike  215  has a total call value of 18,270,625,000  versus a total put value of  1,258,750,000 Combined total value = 19,529,375,000

Strike  217.5  has a total call value of 21,110,625,000  versus a total put value of  1,010,625,000 Combined total value = 22,121,250,000

Strike  220  has a total call value of 23,969,375,000  versus a total put value of  762,500,000 Combined total value = 24,731,875,000

Strike  222.5  has a total call value of 27,292,500,000  versus a total put value of  633,750,000 Combined total value = 27,926,250,000

Strike  225  has a total call value of 30,615,625,000  versus a total put value of  505,000,000 Combined total value = 31,120,625,000

Strike  227.5  has a total call value of 34,185,000,000  versus a total put value of  427,500,000 Combined total value = 34,612,500,000

Strike  230  has a total call value of 37,754,375,000  versus a total put value of  350,000,000 Combined total value = 38,104,375,000

Strike  232.5  has a total call value of 41,611,250,000  versus a total put value of  301,250,000 Combined total value = 41,912,500,000

Strike  235  has a total call value of 45,468,125,000  versus a total put value of  252,500,000 Combined total value = 45,720,625,000

Strike  237.5  has a total call value of 49,325,000,000  versus a total put value of  203,750,000 Combined total value = 49,528,750,000

Strike  240  has a total call value of 53,181,875,000  versus a total put value of  155,000,000 Combined total value = 53,336,875,000

Strike  242.5  has a total call value of 57,155,000,000  versus a total put value of  124,375,000 Combined total value = 57,279,375,000

Strike  245  has a total call value of 61,128,125,000  versus a total put value of  93,750,000 Combined total value = 61,221,875,000

Strike  247.5  has a total call value of 65,103,125,000  versus a total put value of  65,625,000 Combined total value = 65,168,750,000

Strike  250  has a total call value of 69,078,125,000  versus a total put value of  37,500,000 Combined total value = 69,115,625,000

Strike  252.5  has a total call value of 73,325,000,000  versus a total put value of  28,125,000 Combined total value = 73,353,125,000

Strike  255  has a total call value of 77,571,875,000  versus a total put value of  18,750,000 Combined total value = 77,590,625,000

Strike  257.5  has a total call value of 81,818,750,000  versus a total put value of  9,375,000 Combined total value = 81,828,125,000

Strike  260  has a total call value of 86,065,625,000  versus a total put value of  0 Combined total value = 86,065,625,000

Strike  262.5  has a total call value of 90,354,375,000  versus a total put value of  0 Combined total value = 90,354,375,000

Strike  265  has a total call value of 94,643,125,000  versus a total put value of  0 Combined total value = 94,643,125,000

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.