HDFCBANK
HDFC BANK LTD
Max pain for HDFCBANK
18 Apr 2024 09:51 AM IST
Max Pain for HDFCBANK is 1500
Strike 1240 has a total call value of 0 versus a total put value of 608,045,900,000 Combined total value = 608,045,900,000
Strike 1250 has a total call value of 0 versus a total put value of 580,979,300,000 Combined total value = 580,979,300,000
Strike 1260 has a total call value of 0 versus a total put value of 553,912,700,000 Combined total value = 553,912,700,000
Strike 1270 has a total call value of 0 versus a total put value of 526,872,500,000 Combined total value = 526,872,500,000
Strike 1280 has a total call value of 0 versus a total put value of 499,832,300,000 Combined total value = 499,832,300,000
Strike 1290 has a total call value of 0 versus a total put value of 472,915,850,000 Combined total value = 472,915,850,000
Strike 1300 has a total call value of 0 versus a total put value of 445,999,400,000 Combined total value = 445,999,400,000
Strike 1310 has a total call value of 0 versus a total put value of 421,137,750,000 Combined total value = 421,137,750,000
Strike 1320 has a total call value of 0 versus a total put value of 396,276,100,000 Combined total value = 396,276,100,000
Strike 1330 has a total call value of 0 versus a total put value of 372,298,850,000 Combined total value = 372,298,850,000
Strike 1340 has a total call value of 0 versus a total put value of 348,321,600,000 Combined total value = 348,321,600,000
Strike 1350 has a total call value of 0 versus a total put value of 324,825,600,000 Combined total value = 324,825,600,000
Strike 1360 has a total call value of 0 versus a total put value of 302,195,850,000 Combined total value = 302,195,850,000
Strike 1370 has a total call value of 0 versus a total put value of 279,773,450,000 Combined total value = 279,773,450,000
Strike 1380 has a total call value of 0 versus a total put value of 257,351,050,000 Combined total value = 257,351,050,000
Strike 1390 has a total call value of 0 versus a total put value of 235,285,050,000 Combined total value = 235,285,050,000
Strike 1400 has a total call value of 0 versus a total put value of 213,415,950,000 Combined total value = 213,415,950,000
Strike 1410 has a total call value of 761,750,000 versus a total put value of 193,675,900,000 Combined total value = 194,437,650,000
Strike 1420 has a total call value of 1,523,500,000 versus a total put value of 174,083,250,000 Combined total value = 175,606,750,000
Strike 1430 has a total call value of 2,476,650,000 versus a total put value of 155,062,600,000 Combined total value = 157,539,250,000
Strike 1440 has a total call value of 3,656,950,000 versus a total put value of 136,626,600,000 Combined total value = 140,283,550,000
Strike 1450 has a total call value of 4,837,250,000 versus a total put value of 118,774,150,000 Combined total value = 123,611,400,000
Strike 1460 has a total call value of 6,712,750,000 versus a total put value of 102,520,550,000 Combined total value = 109,233,300,000
Strike 1470 has a total call value of 9,174,000,000 versus a total put value of 87,717,850,000 Combined total value = 96,891,850,000
Strike 1480 has a total call value of 12,010,350,000 versus a total put value of 73,527,850,000 Combined total value = 85,538,200,000
Strike 1490 has a total call value of 16,606,150,000 versus a total put value of 61,240,300,000 Combined total value = 77,846,450,000
Strike 1500 has a total call value of 21,635,350,000 versus a total put value of 49,849,250,000 Combined total value = 71,484,600,000
Strike 1510 has a total call value of 33,164,450,000 versus a total put value of 42,725,100,000 Combined total value = 75,889,550,000
Strike 1520 has a total call value of 46,930,400,000 versus a total put value of 36,208,150,000 Combined total value = 83,138,550,000
Strike 1530 has a total call value of 67,188,550,000 versus a total put value of 30,876,450,000 Combined total value = 98,065,000,000
Strike 1540 has a total call value of 91,821,950,000 versus a total put value of 26,232,250,000 Combined total value = 118,054,200,000
Strike 1550 has a total call value of 120,363,650,000 versus a total put value of 22,342,650,000 Combined total value = 142,706,300,000
Strike 1560 has a total call value of 158,907,100,000 versus a total put value of 19,588,800,000 Combined total value = 178,495,900,000
Strike 1570 has a total call value of 200,802,250,000 versus a total put value of 17,222,700,000 Combined total value = 218,024,950,000
Strike 1580 has a total call value of 243,868,350,000 versus a total put value of 14,856,600,000 Combined total value = 258,724,950,000
Strike 1590 has a total call value of 288,460,150,000 versus a total put value of 12,490,500,000 Combined total value = 300,950,650,000
Strike 1600 has a total call value of 333,487,000,000 versus a total put value of 10,175,000,000 Combined total value = 343,662,000,000
Strike 1610 has a total call value of 385,842,600,000 versus a total put value of 9,157,500,000 Combined total value = 395,000,100,000
Strike 1620 has a total call value of 438,501,250,000 versus a total put value of 8,140,000,000 Combined total value = 446,641,250,000
Strike 1630 has a total call value of 491,941,450,000 versus a total put value of 7,122,500,000 Combined total value = 499,063,950,000
Strike 1640 has a total call value of 545,624,750,000 versus a total put value of 6,105,000,000 Combined total value = 551,729,750,000
Strike 1650 has a total call value of 600,017,000,000 versus a total put value of 5,087,500,000 Combined total value = 605,104,500,000
Strike 1660 has a total call value of 655,224,900,000 versus a total put value of 4,070,000,000 Combined total value = 659,294,900,000
Strike 1670 has a total call value of 711,036,700,000 versus a total put value of 3,052,500,000 Combined total value = 714,089,200,000
Strike 1680 has a total call value of 766,916,150,000 versus a total put value of 2,035,000,000 Combined total value = 768,951,150,000
Strike 1690 has a total call value of 823,508,950,000 versus a total put value of 1,017,500,000 Combined total value = 824,526,450,000
Strike 1700 has a total call value of 880,101,750,000 versus a total put value of 0 Combined total value = 880,101,750,000
Strike 1710 has a total call value of 939,234,450,000 versus a total put value of 0 Combined total value = 939,234,450,000
Strike 1720 has a total call value of 998,367,150,000 versus a total put value of 0 Combined total value = 998,367,150,000
Strike 1730 has a total call value of 1,057,673,100,000 versus a total put value of 0 Combined total value = 1,057,673,100,000
Strike 1740 has a total call value of 1,116,979,050,000 versus a total put value of 0 Combined total value = 1,116,979,050,000
Strike 1750 has a total call value of 1,176,469,800,000 versus a total put value of 0 Combined total value = 1,176,469,800,000
Strike 1760 has a total call value of 1,235,960,550,000 versus a total put value of 0 Combined total value = 1,235,960,550,000
Max Pain - Choose a symbol
Index
A
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.