HDFCBANK
HDFC BANK LTD
Max pain for HDFCBANK
19 Apr 2024 04:16 PM IST
Max Pain for HDFCBANK is 1500
Strike 1160 has a total call value of 0 versus a total put value of 911,895,600,000 Combined total value = 911,895,600,000
Strike 1170 has a total call value of 0 versus a total put value of 881,621,400,000 Combined total value = 881,621,400,000
Strike 1180 has a total call value of 0 versus a total put value of 851,347,200,000 Combined total value = 851,347,200,000
Strike 1190 has a total call value of 0 versus a total put value of 821,073,000,000 Combined total value = 821,073,000,000
Strike 1200 has a total call value of 0 versus a total put value of 790,798,800,000 Combined total value = 790,798,800,000
Strike 1210 has a total call value of 0 versus a total put value of 760,687,950,000 Combined total value = 760,687,950,000
Strike 1220 has a total call value of 0 versus a total put value of 730,577,100,000 Combined total value = 730,577,100,000
Strike 1230 has a total call value of 0 versus a total put value of 700,466,250,000 Combined total value = 700,466,250,000
Strike 1240 has a total call value of 0 versus a total put value of 670,355,400,000 Combined total value = 670,355,400,000
Strike 1250 has a total call value of 0 versus a total put value of 640,266,550,000 Combined total value = 640,266,550,000
Strike 1260 has a total call value of 0 versus a total put value of 610,177,700,000 Combined total value = 610,177,700,000
Strike 1270 has a total call value of 0 versus a total put value of 580,126,800,000 Combined total value = 580,126,800,000
Strike 1280 has a total call value of 0 versus a total put value of 550,075,900,000 Combined total value = 550,075,900,000
Strike 1290 has a total call value of 0 versus a total put value of 520,145,450,000 Combined total value = 520,145,450,000
Strike 1300 has a total call value of 0 versus a total put value of 490,215,000,000 Combined total value = 490,215,000,000
Strike 1310 has a total call value of 33,000,000 versus a total put value of 462,415,800,000 Combined total value = 462,448,800,000
Strike 1320 has a total call value of 66,000,000 versus a total put value of 434,625,400,000 Combined total value = 434,691,400,000
Strike 1330 has a total call value of 99,000,000 versus a total put value of 407,715,550,000 Combined total value = 407,814,550,000
Strike 1340 has a total call value of 132,000,000 versus a total put value of 380,968,500,000 Combined total value = 381,100,500,000
Strike 1350 has a total call value of 165,000,000 versus a total put value of 354,695,550,000 Combined total value = 354,860,550,000
Strike 1360 has a total call value of 226,600,000 versus a total put value of 329,452,750,000 Combined total value = 329,679,350,000
Strike 1370 has a total call value of 288,200,000 versus a total put value of 304,385,400,000 Combined total value = 304,673,600,000
Strike 1380 has a total call value of 349,800,000 versus a total put value of 279,496,800,000 Combined total value = 279,846,600,000
Strike 1390 has a total call value of 573,650,000 versus a total put value of 254,971,750,000 Combined total value = 255,545,400,000
Strike 1400 has a total call value of 797,500,000 versus a total put value of 230,645,250,000 Combined total value = 231,442,750,000
Strike 1410 has a total call value of 1,702,800,000 versus a total put value of 208,715,100,000 Combined total value = 210,417,900,000
Strike 1420 has a total call value of 2,632,850,000 versus a total put value of 186,929,050,000 Combined total value = 189,561,900,000
Strike 1430 has a total call value of 3,735,600,000 versus a total put value of 165,742,500,000 Combined total value = 169,478,100,000
Strike 1440 has a total call value of 5,063,850,000 versus a total put value of 145,151,600,000 Combined total value = 150,215,450,000
Strike 1450 has a total call value of 6,540,600,000 versus a total put value of 125,194,850,000 Combined total value = 131,735,450,000
Strike 1460 has a total call value of 8,591,550,000 versus a total put value of 107,059,150,000 Combined total value = 115,650,700,000
Strike 1470 has a total call value of 11,045,100,000 versus a total put value of 90,527,800,000 Combined total value = 101,572,900,000
Strike 1480 has a total call value of 13,882,000,000 versus a total put value of 74,777,450,000 Combined total value = 88,659,450,000
Strike 1490 has a total call value of 18,256,700,000 versus a total put value of 61,261,200,000 Combined total value = 79,517,900,000
Strike 1500 has a total call value of 22,954,250,000 versus a total put value of 48,540,250,000 Combined total value = 71,494,500,000
Strike 1510 has a total call value of 33,469,150,000 versus a total put value of 40,560,300,000 Combined total value = 74,029,450,000
Strike 1520 has a total call value of 46,316,600,000 versus a total put value of 33,490,050,000 Combined total value = 79,806,650,000
Strike 1530 has a total call value of 65,285,000,000 versus a total put value of 28,163,850,000 Combined total value = 93,448,850,000
Strike 1540 has a total call value of 88,161,700,000 versus a total put value of 23,662,650,000 Combined total value = 111,824,350,000
Strike 1550 has a total call value of 114,835,600,000 versus a total put value of 19,784,050,000 Combined total value = 134,619,650,000
Strike 1560 has a total call value of 150,583,950,000 versus a total put value of 16,848,150,000 Combined total value = 167,432,100,000
Strike 1570 has a total call value of 189,234,650,000 versus a total put value of 14,197,150,000 Combined total value = 203,431,800,000
Strike 1580 has a total call value of 229,353,850,000 versus a total put value of 11,767,250,000 Combined total value = 241,121,100,000
Strike 1590 has a total call value of 271,431,600,000 versus a total put value of 9,589,250,000 Combined total value = 281,020,850,000
Strike 1600 has a total call value of 313,978,500,000 versus a total put value of 7,455,800,000 Combined total value = 321,434,300,000
Strike 1610 has a total call value of 363,931,700,000 versus a total put value of 6,369,000,000 Combined total value = 370,300,700,000
Strike 1620 has a total call value of 414,211,050,000 versus a total put value of 5,311,900,000 Combined total value = 419,522,950,000
Strike 1630 has a total call value of 465,268,650,000 versus a total put value of 4,442,350,000 Combined total value = 469,711,000,000
Strike 1640 has a total call value of 516,518,750,000 versus a total put value of 3,614,600,000 Combined total value = 520,133,350,000
Strike 1650 has a total call value of 568,492,650,000 versus a total put value of 2,853,400,000 Combined total value = 571,346,050,000
Strike 1660 has a total call value of 621,166,150,000 versus a total put value of 2,255,000,000 Combined total value = 623,421,150,000
Strike 1670 has a total call value of 674,403,950,000 versus a total put value of 1,687,400,000 Combined total value = 676,091,350,000
Strike 1680 has a total call value of 727,805,100,000 versus a total put value of 1,119,800,000 Combined total value = 728,924,900,000
Strike 1690 has a total call value of 781,932,800,000 versus a total put value of 559,900,000 Combined total value = 782,492,700,000
Strike 1700 has a total call value of 836,060,500,000 versus a total put value of 0 Combined total value = 836,060,500,000
Strike 1710 has a total call value of 892,379,400,000 versus a total put value of 0 Combined total value = 892,379,400,000
Strike 1720 has a total call value of 948,698,300,000 versus a total put value of 0 Combined total value = 948,698,300,000
Strike 1730 has a total call value of 1,005,216,300,000 versus a total put value of 0 Combined total value = 1,005,216,300,000
Strike 1740 has a total call value of 1,061,734,300,000 versus a total put value of 0 Combined total value = 1,061,734,300,000
Strike 1750 has a total call value of 1,118,395,850,000 versus a total put value of 0 Combined total value = 1,118,395,850,000
Strike 1760 has a total call value of 1,175,057,400,000 versus a total put value of 0 Combined total value = 1,175,057,400,000
Max Pain - Choose a symbol
Index
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B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.