DIVISLAB
Divi S Laboratories Ltd
Max pain for DIVISLAB
18 Oct 2024 10:31 AM IST
Max Pain for DIVISLAB is 6000
Strike 4300 has a total call value of 0 versus a total put value of 311,618,000,000 Combined total value = 311,618,000,000
Strike 4350 has a total call value of 3,000,000 versus a total put value of 300,587,000,000 Combined total value = 300,590,000,000
Strike 4400 has a total call value of 6,000,000 versus a total put value of 289,556,000,000 Combined total value = 289,562,000,000
Strike 4450 has a total call value of 9,000,000 versus a total put value of 278,525,000,000 Combined total value = 278,534,000,000
Strike 4500 has a total call value of 12,000,000 versus a total put value of 267,494,000,000 Combined total value = 267,506,000,000
Strike 4550 has a total call value of 15,000,000 versus a total put value of 256,463,000,000 Combined total value = 256,478,000,000
Strike 4600 has a total call value of 18,000,000 versus a total put value of 245,432,000,000 Combined total value = 245,450,000,000
Strike 4650 has a total call value of 21,000,000 versus a total put value of 234,401,000,000 Combined total value = 234,422,000,000
Strike 4700 has a total call value of 24,000,000 versus a total put value of 223,370,000,000 Combined total value = 223,394,000,000
Strike 4750 has a total call value of 27,000,000 versus a total put value of 212,339,000,000 Combined total value = 212,366,000,000
Strike 4800 has a total call value of 30,000,000 versus a total put value of 201,308,000,000 Combined total value = 201,338,000,000
Strike 4850 has a total call value of 33,000,000 versus a total put value of 190,277,000,000 Combined total value = 190,310,000,000
Strike 4900 has a total call value of 36,000,000 versus a total put value of 179,246,000,000 Combined total value = 179,282,000,000
Strike 4950 has a total call value of 39,000,000 versus a total put value of 168,215,000,000 Combined total value = 168,254,000,000
Strike 5000 has a total call value of 42,000,000 versus a total put value of 157,184,000,000 Combined total value = 157,226,000,000
Strike 5050 has a total call value of 45,000,000 versus a total put value of 146,540,000,000 Combined total value = 146,585,000,000
Strike 5100 has a total call value of 48,000,000 versus a total put value of 135,935,000,000 Combined total value = 135,983,000,000
Strike 5150 has a total call value of 51,000,000 versus a total put value of 125,483,000,000 Combined total value = 125,534,000,000
Strike 5200 has a total call value of 54,000,000 versus a total put value of 115,031,000,000 Combined total value = 115,085,000,000
Strike 5250 has a total call value of 57,000,000 versus a total put value of 104,880,000,000 Combined total value = 104,937,000,000
Strike 5300 has a total call value of 60,000,000 versus a total put value of 94,729,000,000 Combined total value = 94,789,000,000
Strike 5350 has a total call value of 63,000,000 versus a total put value of 85,079,000,000 Combined total value = 85,142,000,000
Strike 5400 has a total call value of 66,000,000 versus a total put value of 75,429,000,000 Combined total value = 75,495,000,000
Strike 5450 has a total call value of 69,000,000 versus a total put value of 66,468,000,000 Combined total value = 66,537,000,000
Strike 5500 has a total call value of 72,000,000 versus a total put value of 57,507,000,000 Combined total value = 57,579,000,000
Strike 5550 has a total call value of 367,000,000 versus a total put value of 49,835,000,000 Combined total value = 50,202,000,000
Strike 5600 has a total call value of 662,000,000 versus a total put value of 42,342,000,000 Combined total value = 43,004,000,000
Strike 5650 has a total call value of 1,208,000,000 versus a total put value of 35,459,000,000 Combined total value = 36,667,000,000
Strike 5700 has a total call value of 1,754,000,000 versus a total put value of 28,749,000,000 Combined total value = 30,503,000,000
Strike 5750 has a total call value of 2,810,000,000 versus a total put value of 22,978,000,000 Combined total value = 25,788,000,000
Strike 5800 has a total call value of 4,024,000,000 versus a total put value of 17,487,000,000 Combined total value = 21,511,000,000
Strike 5850 has a total call value of 5,658,000,000 versus a total put value of 13,314,000,000 Combined total value = 18,972,000,000
Strike 5900 has a total call value of 7,292,000,000 versus a total put value of 9,450,000,000 Combined total value = 16,742,000,000
Strike 5950 has a total call value of 9,370,000,000 versus a total put value of 6,493,000,000 Combined total value = 15,863,000,000
Strike 6000 has a total call value of 11,625,000,000 versus a total put value of 3,903,000,000 Combined total value = 15,528,000,000
Strike 6050 has a total call value of 14,768,000,000 versus a total put value of 2,530,000,000 Combined total value = 17,298,000,000
Strike 6100 has a total call value of 18,073,000,000 versus a total put value of 1,389,000,000 Combined total value = 19,462,000,000
Strike 6150 has a total call value of 22,054,000,000 versus a total put value of 741,000,000 Combined total value = 22,795,000,000
Strike 6200 has a total call value of 26,329,000,000 versus a total put value of 241,000,000 Combined total value = 26,570,000,000
Strike 6250 has a total call value of 31,681,000,000 versus a total put value of 80,000,000 Combined total value = 31,761,000,000
Strike 6300 has a total call value of 37,490,000,000 versus a total put value of 64,000,000 Combined total value = 37,554,000,000
Strike 6350 has a total call value of 44,658,000,000 versus a total put value of 48,000,000 Combined total value = 44,706,000,000
Strike 6400 has a total call value of 52,044,000,000 versus a total put value of 32,000,000 Combined total value = 52,076,000,000
Strike 6450 has a total call value of 59,998,000,000 versus a total put value of 16,000,000 Combined total value = 60,014,000,000
Strike 6500 has a total call value of 68,091,000,000 versus a total put value of 0 Combined total value = 68,091,000,000
Strike 6550 has a total call value of 77,009,000,000 versus a total put value of 0 Combined total value = 77,009,000,000
Strike 6600 has a total call value of 85,927,000,000 versus a total put value of 0 Combined total value = 85,927,000,000
Strike 6650 has a total call value of 95,336,000,000 versus a total put value of 0 Combined total value = 95,336,000,000
Strike 6700 has a total call value of 104,838,000,000 versus a total put value of 0 Combined total value = 104,838,000,000
Strike 6750 has a total call value of 114,635,000,000 versus a total put value of 0 Combined total value = 114,635,000,000
Strike 6800 has a total call value of 124,492,000,000 versus a total put value of 0 Combined total value = 124,492,000,000
Strike 6850 has a total call value of 135,232,000,000 versus a total put value of 0 Combined total value = 135,232,000,000
Strike 6900 has a total call value of 145,972,000,000 versus a total put value of 0 Combined total value = 145,972,000,000
Strike 6950 has a total call value of 156,936,000,000 versus a total put value of 0 Combined total value = 156,936,000,000
Strike 7000 has a total call value of 167,900,000,000 versus a total put value of 0 Combined total value = 167,900,000,000
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.
