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HAL
HINDUSTAN AERONAUTICS LTD

3327 45.95 (1.40%)


Strike  2600  has a total call value of 0  versus a total put value of  57,958,800,000 Combined total value = 57,958,800,000

Strike  2620  has a total call value of 3,600,000  versus a total put value of  55,727,400,000 Combined total value = 55,731,000,000

Strike  2640  has a total call value of 7,200,000  versus a total put value of  53,496,000,000 Combined total value = 53,503,200,000

Strike  2660  has a total call value of 10,800,000  versus a total put value of  51,264,600,000 Combined total value = 51,275,400,000

Strike  2680  has a total call value of 14,400,000  versus a total put value of  49,033,200,000 Combined total value = 49,047,600,000

Strike  2700  has a total call value of 18,000,000  versus a total put value of  46,801,800,000 Combined total value = 46,819,800,000

Strike  2720  has a total call value of 21,600,000  versus a total put value of  44,642,400,000 Combined total value = 44,664,000,000

Strike  2740  has a total call value of 25,200,000  versus a total put value of  42,483,000,000 Combined total value = 42,508,200,000

Strike  2760  has a total call value of 28,800,000  versus a total put value of  40,323,600,000 Combined total value = 40,352,400,000

Strike  2780  has a total call value of 32,400,000  versus a total put value of  38,164,200,000 Combined total value = 38,196,600,000

Strike  2800  has a total call value of 36,000,000  versus a total put value of  36,004,800,000 Combined total value = 36,040,800,000

Strike  2820  has a total call value of 39,600,000  versus a total put value of  33,948,000,000 Combined total value = 33,987,600,000

Strike  2840  has a total call value of 43,200,000  versus a total put value of  31,891,200,000 Combined total value = 31,934,400,000

Strike  2860  has a total call value of 46,800,000  versus a total put value of  29,834,400,000 Combined total value = 29,881,200,000

Strike  2880  has a total call value of 50,400,000  versus a total put value of  27,777,600,000 Combined total value = 27,828,000,000

Strike  2900  has a total call value of 54,000,000  versus a total put value of  25,720,800,000 Combined total value = 25,774,800,000

Strike  2920  has a total call value of 102,600,000  versus a total put value of  23,898,600,000 Combined total value = 24,001,200,000

Strike  2940  has a total call value of 151,200,000  versus a total put value of  22,076,400,000 Combined total value = 22,227,600,000

Strike  2960  has a total call value of 199,800,000  versus a total put value of  20,254,200,000 Combined total value = 20,454,000,000

Strike  2980  has a total call value of 248,400,000  versus a total put value of  18,432,000,000 Combined total value = 18,680,400,000

Strike  3000  has a total call value of 297,000,000  versus a total put value of  16,614,600,000 Combined total value = 16,911,600,000

Strike  3020  has a total call value of 426,000,000  versus a total put value of  15,234,000,000 Combined total value = 15,660,000,000

Strike  3040  has a total call value of 555,000,000  versus a total put value of  13,872,600,000 Combined total value = 14,427,600,000

Strike  3060  has a total call value of 684,000,000  versus a total put value of  12,511,200,000 Combined total value = 13,195,200,000

Strike  3080  has a total call value of 825,000,000  versus a total put value of  11,175,000,000 Combined total value = 12,000,000,000

Strike  3100  has a total call value of 966,000,000  versus a total put value of  9,838,800,000 Combined total value = 10,804,800,000

Strike  3120  has a total call value of 1,195,200,000  versus a total put value of  8,790,600,000 Combined total value = 9,985,800,000

Strike  3140  has a total call value of 1,427,400,000  versus a total put value of  7,753,200,000 Combined total value = 9,180,600,000

Strike  3160  has a total call value of 1,659,600,000  versus a total put value of  6,722,400,000 Combined total value = 8,382,000,000

Strike  3180  has a total call value of 1,897,200,000  versus a total put value of  5,721,600,000 Combined total value = 7,618,800,000

Strike  3200  has a total call value of 2,134,800,000  versus a total put value of  4,744,800,000 Combined total value = 6,879,600,000

Strike  3220  has a total call value of 2,572,800,000  versus a total put value of  4,095,000,000 Combined total value = 6,667,800,000

Strike  3240  has a total call value of 3,028,800,000  versus a total put value of  3,465,600,000 Combined total value = 6,494,400,000

Strike  3260  has a total call value of 3,507,600,000  versus a total put value of  2,859,000,000 Combined total value = 6,366,600,000

Strike  3280  has a total call value of 4,010,400,000  versus a total put value of  2,310,000,000 Combined total value = 6,320,400,000

Strike  3300  has a total call value of 4,603,800,000  versus a total put value of  1,777,800,000 Combined total value = 6,381,600,000

Strike  3320  has a total call value of 5,649,600,000  versus a total put value of  1,486,200,000 Combined total value = 7,135,800,000

Strike  3340  has a total call value of 6,741,600,000  versus a total put value of  1,209,000,000 Combined total value = 7,950,600,000

Strike  3360  has a total call value of 7,917,000,000  versus a total put value of  946,200,000 Combined total value = 8,863,200,000

Strike  3380  has a total call value of 9,148,800,000  versus a total put value of  694,200,000 Combined total value = 9,843,000,000

Strike  3400  has a total call value of 10,398,000,000  versus a total put value of  447,600,000 Combined total value = 10,845,600,000

Strike  3420  has a total call value of 12,125,400,000  versus a total put value of  379,800,000 Combined total value = 12,505,200,000

Strike  3440  has a total call value of 13,861,800,000  versus a total put value of  312,600,000 Combined total value = 14,174,400,000

Strike  3460  has a total call value of 15,615,000,000  versus a total put value of  249,000,000 Combined total value = 15,864,000,000

Strike  3480  has a total call value of 17,370,600,000  versus a total put value of  189,000,000 Combined total value = 17,559,600,000

Strike  3500  has a total call value of 19,128,000,000  versus a total put value of  129,000,000 Combined total value = 19,257,000,000

Strike  3520  has a total call value of 21,483,600,000  versus a total put value of  105,600,000 Combined total value = 21,589,200,000

Strike  3540  has a total call value of 23,842,800,000  versus a total put value of  82,200,000 Combined total value = 23,925,000,000

Strike  3560  has a total call value of 26,203,200,000  versus a total put value of  58,800,000 Combined total value = 26,262,000,000

Strike  3580  has a total call value of 28,567,800,000  versus a total put value of  35,400,000 Combined total value = 28,603,200,000

Strike  3600  has a total call value of 30,932,400,000  versus a total put value of  12,000,000 Combined total value = 30,944,400,000

Strike  3620  has a total call value of 33,657,600,000  versus a total put value of  10,800,000 Combined total value = 33,668,400,000

Strike  3640  has a total call value of 36,390,000,000  versus a total put value of  9,600,000 Combined total value = 36,399,600,000

Strike  3660  has a total call value of 39,122,400,000  versus a total put value of  8,400,000 Combined total value = 39,130,800,000

Strike  3680  has a total call value of 41,854,800,000  versus a total put value of  7,200,000 Combined total value = 41,862,000,000

Strike  3700  has a total call value of 44,652,600,000  versus a total put value of  6,000,000 Combined total value = 44,658,600,000

Strike  3720  has a total call value of 47,450,400,000  versus a total put value of  4,800,000 Combined total value = 47,455,200,000

Strike  3740  has a total call value of 50,248,200,000  versus a total put value of  3,600,000 Combined total value = 50,251,800,000

Strike  3760  has a total call value of 53,046,000,000  versus a total put value of  2,400,000 Combined total value = 53,048,400,000

Strike  3780  has a total call value of 55,843,800,000  versus a total put value of  1,200,000 Combined total value = 55,845,000,000

Strike  3800  has a total call value of 58,641,600,000  versus a total put value of  0 Combined total value = 58,641,600,000

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.