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DALBHARAT
DALMIA BHARAT LIMITED

2065.3 9.86 (0.48%)


Strike  1900  has a total call value of 0  versus a total put value of  1,327,500,000 Combined total value = 1,327,500,000

Strike  1920  has a total call value of 3,000,000  versus a total put value of  1,234,000,000 Combined total value = 1,237,000,000

Strike  1940  has a total call value of 6,000,000  versus a total put value of  1,140,500,000 Combined total value = 1,146,500,000

Strike  1960  has a total call value of 9,000,000  versus a total put value of  1,047,000,000 Combined total value = 1,056,000,000

Strike  1980  has a total call value of 12,500,000  versus a total put value of  962,500,000 Combined total value = 975,000,000

Strike  2000  has a total call value of 16,500,000  versus a total put value of  878,000,000 Combined total value = 894,500,000

Strike  2020  has a total call value of 29,500,000  versus a total put value of  793,500,000 Combined total value = 823,000,000

Strike  2040  has a total call value of 43,500,000  versus a total put value of  712,000,000 Combined total value = 755,500,000

Strike  2060  has a total call value of 82,500,000  versus a total put value of  636,500,000 Combined total value = 719,000,000

Strike  2080  has a total call value of 122,000,000  versus a total put value of  563,000,000 Combined total value = 685,000,000

Strike  2100  has a total call value of 161,500,000  versus a total put value of  490,500,000 Combined total value = 652,000,000

Strike  2120  has a total call value of 282,000,000  versus a total put value of  418,000,000 Combined total value = 700,000,000

Strike  2140  has a total call value of 402,500,000  versus a total put value of  345,500,000 Combined total value = 748,000,000

Strike  2160  has a total call value of 523,000,000  versus a total put value of  273,000,000 Combined total value = 796,000,000

Strike  2180  has a total call value of 643,500,000  versus a total put value of  201,500,000 Combined total value = 845,000,000

Strike  2200  has a total call value of 764,000,000  versus a total put value of  130,000,000 Combined total value = 894,000,000

Strike  2220  has a total call value of 1,084,500,000  versus a total put value of  117,000,000 Combined total value = 1,201,500,000

Strike  2240  has a total call value of 1,406,000,000  versus a total put value of  104,000,000 Combined total value = 1,510,000,000

Strike  2260  has a total call value of 1,727,500,000  versus a total put value of  91,000,000 Combined total value = 1,818,500,000

Strike  2280  has a total call value of 2,049,000,000  versus a total put value of  78,000,000 Combined total value = 2,127,000,000

Strike  2300  has a total call value of 2,370,500,000  versus a total put value of  65,000,000 Combined total value = 2,435,500,000

Strike  2320  has a total call value of 2,780,500,000  versus a total put value of  53,500,000 Combined total value = 2,834,000,000

Strike  2340  has a total call value of 3,190,500,000  versus a total put value of  42,000,000 Combined total value = 3,232,500,000

Strike  2360  has a total call value of 3,600,500,000  versus a total put value of  30,500,000 Combined total value = 3,631,000,000

Strike  2380  has a total call value of 4,010,500,000  versus a total put value of  19,000,000 Combined total value = 4,029,500,000

Strike  2400  has a total call value of 4,420,500,000  versus a total put value of  7,500,000 Combined total value = 4,428,000,000

Strike  2420  has a total call value of 4,929,000,000  versus a total put value of  6,000,000 Combined total value = 4,935,000,000

Strike  2440  has a total call value of 5,437,500,000  versus a total put value of  4,500,000 Combined total value = 5,442,000,000

Strike  2460  has a total call value of 5,946,000,000  versus a total put value of  3,000,000 Combined total value = 5,949,000,000

Strike  2480  has a total call value of 6,454,500,000  versus a total put value of  1,500,000 Combined total value = 6,456,000,000

Strike  2500  has a total call value of 6,963,000,000  versus a total put value of  0 Combined total value = 6,963,000,000

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.