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BIOCON
BIOCON LIMITED.

245.75 -4.90 (-1.95%)


Strike  220  has a total call value of 0  versus a total put value of  29,118,750,000 Combined total value = 29,118,750,000

Strike  222.5  has a total call value of 0  versus a total put value of  27,103,125,000 Combined total value = 27,103,125,000

Strike  225  has a total call value of 0  versus a total put value of  25,087,500,000 Combined total value = 25,087,500,000

Strike  227.5  has a total call value of 0  versus a total put value of  23,103,750,000 Combined total value = 23,103,750,000

Strike  230  has a total call value of 0  versus a total put value of  21,121,250,000 Combined total value = 21,121,250,000

Strike  232.5  has a total call value of 0  versus a total put value of  19,302,500,000 Combined total value = 19,302,500,000

Strike  235  has a total call value of 0  versus a total put value of  17,493,125,000 Combined total value = 17,493,125,000

Strike  237.5  has a total call value of 625,000  versus a total put value of  15,742,500,000 Combined total value = 15,743,125,000

Strike  240  has a total call value of 1,875,000  versus a total put value of  13,991,875,000 Combined total value = 13,993,750,000

Strike  242.5  has a total call value of 3,125,000  versus a total put value of  12,438,125,000 Combined total value = 12,441,250,000

Strike  245  has a total call value of 9,375,000  versus a total put value of  10,896,875,000 Combined total value = 10,906,250,000

Strike  247.5  has a total call value of 21,250,000  versus a total put value of  9,462,500,000 Combined total value = 9,483,750,000

Strike  250  has a total call value of 33,125,000  versus a total put value of  8,059,375,000 Combined total value = 8,092,500,000

Strike  252.5  has a total call value of 195,000,000  versus a total put value of  6,937,500,000 Combined total value = 7,132,500,000

Strike  255  has a total call value of 403,125,000  versus a total put value of  5,858,125,000 Combined total value = 6,261,250,000

Strike  257.5  has a total call value of 751,250,000  versus a total put value of  4,901,250,000 Combined total value = 5,652,500,000

Strike  260  has a total call value of 1,128,125,000  versus a total put value of  3,944,375,000 Combined total value = 5,072,500,000

Strike  262.5  has a total call value of 1,800,000,000  versus a total put value of  3,317,500,000 Combined total value = 5,117,500,000

Strike  265  has a total call value of 2,501,875,000  versus a total put value of  2,690,625,000 Combined total value = 5,192,500,000

Strike  267.5  has a total call value of 3,356,875,000  versus a total put value of  2,155,000,000 Combined total value = 5,511,875,000

Strike  270  has a total call value of 4,255,625,000  versus a total put value of  1,632,500,000 Combined total value = 5,888,125,000

Strike  272.5  has a total call value of 5,658,750,000  versus a total put value of  1,333,750,000 Combined total value = 6,992,500,000

Strike  275  has a total call value of 7,115,000,000  versus a total put value of  1,060,000,000 Combined total value = 8,175,000,000

Strike  277.5  has a total call value of 8,770,000,000  versus a total put value of  786,250,000 Combined total value = 9,556,250,000

Strike  280  has a total call value of 10,425,000,000  versus a total put value of  536,875,000 Combined total value = 10,961,875,000

Strike  282.5  has a total call value of 13,076,250,000  versus a total put value of  466,250,000 Combined total value = 13,542,500,000

Strike  285  has a total call value of 15,826,250,000  versus a total put value of  415,000,000 Combined total value = 16,241,250,000

Strike  287.5  has a total call value of 18,873,125,000  versus a total put value of  363,750,000 Combined total value = 19,236,875,000

Strike  290  has a total call value of 21,976,875,000  versus a total put value of  326,875,000 Combined total value = 22,303,750,000

Strike  292.5  has a total call value of 26,066,250,000  versus a total put value of  290,000,000 Combined total value = 26,356,250,000

Strike  295  has a total call value of 30,186,875,000  versus a total put value of  258,125,000 Combined total value = 30,445,000,000

Strike  297.5  has a total call value of 34,377,500,000  versus a total put value of  232,500,000 Combined total value = 34,610,000,000

Strike  300  has a total call value of 38,568,125,000  versus a total put value of  211,875,000 Combined total value = 38,780,000,000

Strike  302.5  has a total call value of 43,641,875,000  versus a total put value of  191,250,000 Combined total value = 43,833,125,000

Strike  305  has a total call value of 48,731,250,000  versus a total put value of  173,125,000 Combined total value = 48,904,375,000

Strike  307.5  has a total call value of 53,820,625,000  versus a total put value of  158,125,000 Combined total value = 53,978,750,000

Strike  310  has a total call value of 58,918,750,000  versus a total put value of  145,000,000 Combined total value = 59,063,750,000

Strike  312.5  has a total call value of 64,186,875,000  versus a total put value of  132,500,000 Combined total value = 64,319,375,000

Strike  315  has a total call value of 69,471,875,000  versus a total put value of  120,000,000 Combined total value = 69,591,875,000

Strike  317.5  has a total call value of 74,776,875,000  versus a total put value of  107,500,000 Combined total value = 74,884,375,000

Strike  320  has a total call value of 80,081,875,000  versus a total put value of  95,000,000 Combined total value = 80,176,875,000

Strike  322.5  has a total call value of 85,593,125,000  versus a total put value of  83,125,000 Combined total value = 85,676,250,000

Strike  325  has a total call value of 91,104,375,000  versus a total put value of  71,250,000 Combined total value = 91,175,625,000

Strike  327.5  has a total call value of 96,633,125,000  versus a total put value of  59,375,000 Combined total value = 96,692,500,000

Strike  330  has a total call value of 102,161,875,000  versus a total put value of  47,500,000 Combined total value = 102,209,375,000

Strike  332.5  has a total call value of 107,690,625,000  versus a total put value of  35,625,000 Combined total value = 107,726,250,000

Strike  335  has a total call value of 113,219,375,000  versus a total put value of  23,750,000 Combined total value = 113,243,125,000

Strike  337.5  has a total call value of 118,748,125,000  versus a total put value of  11,875,000 Combined total value = 118,760,000,000

Strike  340  has a total call value of 124,276,875,000  versus a total put value of  0 Combined total value = 124,276,875,000

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.