DIXON
Dixon Techno (india) Ltd
Max pain for DIXON
16 Sep 2024 04:12 PM IST
Max Pain for DIXON is 13500
Strike 9500 has a total call value of 0 versus a total put value of 732,946,000,000 Combined total value = 732,946,000,000
Strike 9600 has a total call value of 0 versus a total put value of 710,416,000,000 Combined total value = 710,416,000,000
Strike 9700 has a total call value of 0 versus a total put value of 687,886,000,000 Combined total value = 687,886,000,000
Strike 9800 has a total call value of 0 versus a total put value of 665,356,000,000 Combined total value = 665,356,000,000
Strike 9900 has a total call value of 0 versus a total put value of 642,830,000,000 Combined total value = 642,830,000,000
Strike 10000 has a total call value of 0 versus a total put value of 620,317,000,000 Combined total value = 620,317,000,000
Strike 10100 has a total call value of 0 versus a total put value of 598,489,000,000 Combined total value = 598,489,000,000
Strike 10200 has a total call value of 0 versus a total put value of 576,661,000,000 Combined total value = 576,661,000,000
Strike 10300 has a total call value of 0 versus a total put value of 554,833,000,000 Combined total value = 554,833,000,000
Strike 10400 has a total call value of 0 versus a total put value of 533,005,000,000 Combined total value = 533,005,000,000
Strike 10500 has a total call value of 0 versus a total put value of 511,177,000,000 Combined total value = 511,177,000,000
Strike 10600 has a total call value of 0 versus a total put value of 489,520,000,000 Combined total value = 489,520,000,000
Strike 10700 has a total call value of 0 versus a total put value of 467,869,000,000 Combined total value = 467,869,000,000
Strike 10800 has a total call value of 0 versus a total put value of 446,233,000,000 Combined total value = 446,233,000,000
Strike 10900 has a total call value of 0 versus a total put value of 424,626,000,000 Combined total value = 424,626,000,000
Strike 11000 has a total call value of 0 versus a total put value of 403,030,000,000 Combined total value = 403,030,000,000
Strike 11100 has a total call value of 0 versus a total put value of 382,030,000,000 Combined total value = 382,030,000,000
Strike 11200 has a total call value of 0 versus a total put value of 361,086,000,000 Combined total value = 361,086,000,000
Strike 11300 has a total call value of 0 versus a total put value of 340,204,000,000 Combined total value = 340,204,000,000
Strike 11400 has a total call value of 0 versus a total put value of 319,440,000,000 Combined total value = 319,440,000,000
Strike 11500 has a total call value of 0 versus a total put value of 298,728,000,000 Combined total value = 298,728,000,000
Strike 11600 has a total call value of 50,000,000 versus a total put value of 278,902,000,000 Combined total value = 278,952,000,000
Strike 11700 has a total call value of 100,000,000 versus a total put value of 259,153,000,000 Combined total value = 259,253,000,000
Strike 11800 has a total call value of 199,000,000 versus a total put value of 239,521,000,000 Combined total value = 239,720,000,000
Strike 11900 has a total call value of 298,000,000 versus a total put value of 220,128,000,000 Combined total value = 220,426,000,000
Strike 12000 has a total call value of 397,000,000 versus a total put value of 200,945,000,000 Combined total value = 201,342,000,000
Strike 12100 has a total call value of 830,000,000 versus a total put value of 183,803,000,000 Combined total value = 184,633,000,000
Strike 12200 has a total call value of 1,382,000,000 versus a total put value of 167,013,000,000 Combined total value = 168,395,000,000
Strike 12300 has a total call value of 2,185,000,000 versus a total put value of 150,680,000,000 Combined total value = 152,865,000,000
Strike 12400 has a total call value of 3,163,000,000 versus a total put value of 134,839,000,000 Combined total value = 138,002,000,000
Strike 12500 has a total call value of 4,301,000,000 versus a total put value of 119,415,000,000 Combined total value = 123,716,000,000
Strike 12600 has a total call value of 5,805,000,000 versus a total put value of 105,404,000,000 Combined total value = 111,209,000,000
Strike 12700 has a total call value of 7,591,000,000 versus a total put value of 91,777,000,000 Combined total value = 99,368,000,000
Strike 12800 has a total call value of 9,610,000,000 versus a total put value of 78,677,000,000 Combined total value = 88,287,000,000
Strike 12900 has a total call value of 11,961,000,000 versus a total put value of 66,430,000,000 Combined total value = 78,391,000,000
Strike 13000 has a total call value of 14,759,000,000 versus a total put value of 54,830,000,000 Combined total value = 69,589,000,000
Strike 13100 has a total call value of 19,079,000,000 versus a total put value of 45,593,000,000 Combined total value = 64,672,000,000
Strike 13200 has a total call value of 23,630,000,000 versus a total put value of 36,783,000,000 Combined total value = 60,413,000,000
Strike 13300 has a total call value of 28,701,000,000 versus a total put value of 28,873,000,000 Combined total value = 57,574,000,000
Strike 13400 has a total call value of 34,062,000,000 versus a total put value of 21,700,000,000 Combined total value = 55,762,000,000
Strike 13500 has a total call value of 39,823,000,000 versus a total put value of 15,419,000,000 Combined total value = 55,242,000,000
Strike 13600 has a total call value of 47,456,000,000 versus a total put value of 11,103,000,000 Combined total value = 58,559,000,000
Strike 13700 has a total call value of 55,556,000,000 versus a total put value of 7,318,000,000 Combined total value = 62,874,000,000
Strike 13800 has a total call value of 64,160,000,000 versus a total put value of 4,447,000,000 Combined total value = 68,607,000,000
Strike 13900 has a total call value of 73,481,000,000 versus a total put value of 2,462,000,000 Combined total value = 75,943,000,000
Strike 14000 has a total call value of 83,328,000,000 versus a total put value of 1,090,000,000 Combined total value = 84,418,000,000
Strike 14100 has a total call value of 96,133,000,000 versus a total put value of 776,000,000 Combined total value = 96,909,000,000
Strike 14200 has a total call value of 109,723,000,000 versus a total put value of 572,000,000 Combined total value = 110,295,000,000
Strike 14300 has a total call value of 124,178,000,000 versus a total put value of 404,000,000 Combined total value = 124,582,000,000
Strike 14400 has a total call value of 139,150,000,000 versus a total put value of 240,000,000 Combined total value = 139,390,000,000
Strike 14500 has a total call value of 154,633,000,000 versus a total put value of 109,000,000 Combined total value = 154,742,000,000
Strike 14600 has a total call value of 171,683,000,000 versus a total put value of 26,000,000 Combined total value = 171,709,000,000
Strike 14700 has a total call value of 189,163,000,000 versus a total put value of 13,000,000 Combined total value = 189,176,000,000
Strike 14800 has a total call value of 206,697,000,000 versus a total put value of 0 Combined total value = 206,697,000,000
Strike 14900 has a total call value of 225,141,000,000 versus a total put value of 0 Combined total value = 225,141,000,000
Strike 15000 has a total call value of 243,630,000,000 versus a total put value of 0 Combined total value = 243,630,000,000
Strike 15100 has a total call value of 266,210,000,000 versus a total put value of 0 Combined total value = 266,210,000,000
Strike 15200 has a total call value of 288,823,000,000 versus a total put value of 0 Combined total value = 288,823,000,000
Strike 15300 has a total call value of 311,462,000,000 versus a total put value of 0 Combined total value = 311,462,000,000
Strike 15400 has a total call value of 334,123,000,000 versus a total put value of 0 Combined total value = 334,123,000,000
Strike 15500 has a total call value of 356,789,000,000 versus a total put value of 0 Combined total value = 356,789,000,000
Strike 15600 has a total call value of 380,191,000,000 versus a total put value of 0 Combined total value = 380,191,000,000
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.