DIXON
Dixon Techno (India) Ltd
Max pain for DIXON
17 Oct 2024 04:12 PM IST
Max Pain for DIXON is 14700
Strike 11000 has a total call value of 0 versus a total put value of 458,254,000,000 Combined total value = 458,254,000,000
Strike 11100 has a total call value of 0 versus a total put value of 442,278,000,000 Combined total value = 442,278,000,000
Strike 11200 has a total call value of 0 versus a total put value of 426,303,000,000 Combined total value = 426,303,000,000
Strike 11250 has a total call value of 0 versus a total put value of 418,315,500,000 Combined total value = 418,315,500,000
Strike 11300 has a total call value of 0 versus a total put value of 410,328,000,000 Combined total value = 410,328,000,000
Strike 11400 has a total call value of 0 versus a total put value of 394,358,000,000 Combined total value = 394,358,000,000
Strike 11500 has a total call value of 0 versus a total put value of 378,388,000,000 Combined total value = 378,388,000,000
Strike 11600 has a total call value of 0 versus a total put value of 362,681,000,000 Combined total value = 362,681,000,000
Strike 11700 has a total call value of 0 versus a total put value of 346,974,000,000 Combined total value = 346,974,000,000
Strike 11750 has a total call value of 0 versus a total put value of 339,120,500,000 Combined total value = 339,120,500,000
Strike 11800 has a total call value of 0 versus a total put value of 331,267,000,000 Combined total value = 331,267,000,000
Strike 11900 has a total call value of 0 versus a total put value of 315,560,000,000 Combined total value = 315,560,000,000
Strike 12000 has a total call value of 0 versus a total put value of 299,853,000,000 Combined total value = 299,853,000,000
Strike 12100 has a total call value of 175,000,000 versus a total put value of 285,404,000,000 Combined total value = 285,579,000,000
Strike 12200 has a total call value of 350,000,000 versus a total put value of 270,980,000,000 Combined total value = 271,330,000,000
Strike 12250 has a total call value of 437,500,000 versus a total put value of 263,793,500,000 Combined total value = 264,231,000,000
Strike 12300 has a total call value of 525,000,000 versus a total put value of 256,607,000,000 Combined total value = 257,132,000,000
Strike 12400 has a total call value of 706,000,000 versus a total put value of 242,234,000,000 Combined total value = 242,940,000,000
Strike 12500 has a total call value of 887,000,000 versus a total put value of 227,924,000,000 Combined total value = 228,811,000,000
Strike 12600 has a total call value of 1,068,000,000 versus a total put value of 214,326,000,000 Combined total value = 215,394,000,000
Strike 12700 has a total call value of 1,249,000,000 versus a total put value of 200,728,000,000 Combined total value = 201,977,000,000
Strike 12750 has a total call value of 1,339,500,000 versus a total put value of 193,986,000,000 Combined total value = 195,325,500,000
Strike 12800 has a total call value of 1,430,000,000 versus a total put value of 187,244,000,000 Combined total value = 188,674,000,000
Strike 12900 has a total call value of 1,611,000,000 versus a total put value of 173,891,000,000 Combined total value = 175,502,000,000
Strike 13000 has a total call value of 1,792,000,000 versus a total put value of 160,538,000,000 Combined total value = 162,330,000,000
Strike 13100 has a total call value of 2,175,000,000 versus a total put value of 148,810,000,000 Combined total value = 150,985,000,000
Strike 13200 has a total call value of 2,558,000,000 versus a total put value of 137,149,000,000 Combined total value = 139,707,000,000
Strike 13250 has a total call value of 2,749,500,000 versus a total put value of 131,361,000,000 Combined total value = 134,110,500,000
Strike 13300 has a total call value of 2,941,000,000 versus a total put value of 125,573,000,000 Combined total value = 128,514,000,000
Strike 13400 has a total call value of 3,359,000,000 versus a total put value of 114,123,000,000 Combined total value = 117,482,000,000
Strike 13500 has a total call value of 3,777,000,000 versus a total put value of 102,882,000,000 Combined total value = 106,659,000,000
Strike 13600 has a total call value of 4,313,000,000 versus a total put value of 92,772,000,000 Combined total value = 97,085,000,000
Strike 13700 has a total call value of 4,849,000,000 versus a total put value of 82,819,000,000 Combined total value = 87,668,000,000
Strike 13750 has a total call value of 5,153,500,000 versus a total put value of 77,950,500,000 Combined total value = 83,104,000,000
Strike 13800 has a total call value of 5,481,500,000 versus a total put value of 73,093,500,000 Combined total value = 78,575,000,000
Strike 13900 has a total call value of 6,284,500,000 versus a total put value of 63,669,500,000 Combined total value = 69,954,000,000
Strike 14000 has a total call value of 7,153,500,000 versus a total put value of 54,462,500,000 Combined total value = 61,616,000,000
Strike 14100 has a total call value of 8,786,500,000 versus a total put value of 47,559,500,000 Combined total value = 56,346,000,000
Strike 14200 has a total call value of 10,587,500,000 versus a total put value of 40,944,500,000 Combined total value = 51,532,000,000
Strike 14250 has a total call value of 11,621,500,000 versus a total put value of 37,837,500,000 Combined total value = 49,459,000,000
Strike 14300 has a total call value of 12,655,500,000 versus a total put value of 34,753,000,000 Combined total value = 47,408,500,000
Strike 14400 has a total call value of 14,935,500,000 versus a total put value of 28,902,000,000 Combined total value = 43,837,500,000
Strike 14500 has a total call value of 17,426,500,000 versus a total put value of 23,343,000,000 Combined total value = 40,769,500,000
Strike 14600 has a total call value of 20,799,500,000 versus a total put value of 19,195,000,000 Combined total value = 39,994,500,000
Strike 14700 has a total call value of 24,324,500,000 versus a total put value of 15,371,000,000 Combined total value = 39,695,500,000
Strike 14750 has a total call value of 26,166,000,000 versus a total put value of 13,633,000,000 Combined total value = 39,799,000,000
Strike 14800 has a total call value of 28,034,000,000 versus a total put value of 11,937,500,000 Combined total value = 39,971,500,000
Strike 14900 has a total call value of 32,025,000,000 versus a total put value of 9,116,500,000 Combined total value = 41,141,500,000
Strike 15000 has a total call value of 36,178,000,000 versus a total put value of 6,592,500,000 Combined total value = 42,770,500,000
Strike 15100 has a total call value of 42,127,000,000 versus a total put value of 5,402,500,000 Combined total value = 47,529,500,000
Strike 15200 has a total call value of 48,348,000,000 versus a total put value of 4,212,500,000 Combined total value = 52,560,500,000
Strike 15250 has a total call value of 51,674,000,000 versus a total put value of 3,617,500,000 Combined total value = 55,291,500,000
Strike 15300 has a total call value of 55,141,000,000 versus a total put value of 3,234,000,000 Combined total value = 58,375,000,000
Strike 15400 has a total call value of 62,464,000,000 versus a total put value of 2,467,000,000 Combined total value = 64,931,000,000
Strike 15500 has a total call value of 70,261,000,000 versus a total put value of 1,700,000,000 Combined total value = 71,961,000,000
Strike 15600 has a total call value of 79,615,000,000 versus a total put value of 1,420,000,000 Combined total value = 81,035,000,000
Strike 15700 has a total call value of 89,293,000,000 versus a total put value of 1,140,000,000 Combined total value = 90,433,000,000
Strike 15750 has a total call value of 94,132,000,000 versus a total put value of 1,000,000,000 Combined total value = 95,132,000,000
Strike 15800 has a total call value of 99,035,500,000 versus a total put value of 880,000,000 Combined total value = 99,915,500,000
Strike 15900 has a total call value of 109,261,500,000 versus a total put value of 640,000,000 Combined total value = 109,901,500,000
Strike 16000 has a total call value of 119,487,500,000 versus a total put value of 400,000,000 Combined total value = 119,887,500,000
Strike 16100 has a total call value of 131,669,500,000 versus a total put value of 320,000,000 Combined total value = 131,989,500,000
Strike 16250 has a total call value of 149,942,500,000 versus a total put value of 200,000,000 Combined total value = 150,142,500,000
Strike 16300 has a total call value of 156,130,000,000 versus a total put value of 160,000,000 Combined total value = 156,290,000,000
Strike 16500 has a total call value of 180,880,000,000 versus a total put value of 0 Combined total value = 180,880,000,000
Strike 16750 has a total call value of 215,200,000,000 versus a total put value of 0 Combined total value = 215,200,000,000
Strike 17000 has a total call value of 249,600,000,000 versus a total put value of 0 Combined total value = 249,600,000,000
Strike 17250 has a total call value of 285,565,000,000 versus a total put value of 0 Combined total value = 285,565,000,000
Strike 17400 has a total call value of 307,144,000,000 versus a total put value of 0 Combined total value = 307,144,000,000
Strike 17500 has a total call value of 321,530,000,000 versus a total put value of 0 Combined total value = 321,530,000,000
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.