`
[--[65.84.65.76]--]
HDFCLIFE
Hdfc Life Ins Co Ltd

723.85 0.20 (0.03%)

Max pain for HDFCLIFE

11 Oct 2024 04:12 PM IST

Max Pain for HDFCLIFE is 720  



Strike  600  has a total call value of 0  versus a total put value of  62,931,550,000 Combined total value = 62,931,550,000

Strike  605  has a total call value of 0  versus a total put value of  59,650,800,000 Combined total value = 59,650,800,000

Strike  610  has a total call value of 0  versus a total put value of  56,370,050,000 Combined total value = 56,370,050,000

Strike  615  has a total call value of 0  versus a total put value of  53,208,650,000 Combined total value = 53,208,650,000

Strike  620  has a total call value of 0  versus a total put value of  50,047,250,000 Combined total value = 50,047,250,000

Strike  625  has a total call value of 0  versus a total put value of  46,885,850,000 Combined total value = 46,885,850,000

Strike  630  has a total call value of 0  versus a total put value of  43,724,450,000 Combined total value = 43,724,450,000

Strike  635  has a total call value of 0  versus a total put value of  40,571,300,000 Combined total value = 40,571,300,000

Strike  640  has a total call value of 0  versus a total put value of  37,418,150,000 Combined total value = 37,418,150,000

Strike  645  has a total call value of 0  versus a total put value of  34,337,600,000 Combined total value = 34,337,600,000

Strike  650  has a total call value of 0  versus a total put value of  31,257,050,000 Combined total value = 31,257,050,000

Strike  655  has a total call value of 0  versus a total put value of  28,409,150,000 Combined total value = 28,409,150,000

Strike  660  has a total call value of 0  versus a total put value of  25,561,250,000 Combined total value = 25,561,250,000

Strike  665  has a total call value of 0  versus a total put value of  22,786,500,000 Combined total value = 22,786,500,000

Strike  670  has a total call value of 0  versus a total put value of  20,024,950,000 Combined total value = 20,024,950,000

Strike  675  has a total call value of 0  versus a total put value of  17,394,300,000 Combined total value = 17,394,300,000

Strike  680  has a total call value of 0  versus a total put value of  14,784,550,000 Combined total value = 14,784,550,000

Strike  685  has a total call value of 0  versus a total put value of  12,504,250,000 Combined total value = 12,504,250,000

Strike  690  has a total call value of 0  versus a total put value of  10,248,700,000 Combined total value = 10,248,700,000

Strike  695  has a total call value of 0  versus a total put value of  8,166,950,000 Combined total value = 8,166,950,000

Strike  700  has a total call value of 0  versus a total put value of  6,112,150,000 Combined total value = 6,112,150,000

Strike  705  has a total call value of 181,500,000  versus a total put value of  4,840,000,000 Combined total value = 5,021,500,000

Strike  710  has a total call value of 414,150,000  versus a total put value of  3,658,600,000 Combined total value = 4,072,750,000

Strike  715  has a total call value of 829,400,000  versus a total put value of  2,749,450,000 Combined total value = 3,578,850,000

Strike  720  has a total call value of 1,383,250,000  versus a total put value of  1,939,300,000 Combined total value = 3,322,550,000

Strike  725  has a total call value of 2,372,150,000  versus a total put value of  1,413,500,000 Combined total value = 3,785,650,000

Strike  730  has a total call value of 3,635,500,000  versus a total put value of  1,007,600,000 Combined total value = 4,643,100,000

Strike  735  has a total call value of 5,565,450,000  versus a total put value of  698,500,000 Combined total value = 6,263,950,000

Strike  740  has a total call value of 7,753,900,000  versus a total put value of  427,350,000 Combined total value = 8,181,250,000

Strike  745  has a total call value of 11,075,350,000  versus a total put value of  295,900,000 Combined total value = 11,371,250,000

Strike  750  has a total call value of 14,473,800,000  versus a total put value of  172,700,000 Combined total value = 14,646,500,000

Strike  755  has a total call value of 20,411,600,000  versus a total put value of  138,600,000 Combined total value = 20,550,200,000

Strike  760  has a total call value of 26,428,050,000  versus a total put value of  106,700,000 Combined total value = 26,534,750,000

Strike  765  has a total call value of 32,739,850,000  versus a total put value of  88,000,000 Combined total value = 32,827,850,000

Strike  770  has a total call value of 39,086,300,000  versus a total put value of  69,300,000 Combined total value = 39,155,600,000

Strike  775  has a total call value of 45,647,800,000  versus a total put value of  57,750,000 Combined total value = 45,705,550,000

Strike  780  has a total call value of 52,273,650,000  versus a total put value of  46,200,000 Combined total value = 52,319,850,000

Strike  785  has a total call value of 59,084,850,000  versus a total put value of  34,650,000 Combined total value = 59,119,500,000

Strike  790  has a total call value of 65,924,100,000  versus a total put value of  23,100,000 Combined total value = 65,947,200,000

Strike  795  has a total call value of 72,793,600,000  versus a total put value of  11,550,000 Combined total value = 72,805,150,000

Strike  800  has a total call value of 79,670,250,000  versus a total put value of  0 Combined total value = 79,670,250,000

Strike  805  has a total call value of 87,030,350,000  versus a total put value of  0 Combined total value = 87,030,350,000

Strike  810  has a total call value of 94,390,450,000  versus a total put value of  0 Combined total value = 94,390,450,000

Strike  815  has a total call value of 101,825,900,000  versus a total put value of  0 Combined total value = 101,825,900,000

Strike  820  has a total call value of 109,302,600,000  versus a total put value of  0 Combined total value = 109,302,600,000

Strike  825  has a total call value of 116,872,800,000  versus a total put value of  0 Combined total value = 116,872,800,000

Strike  830  has a total call value of 124,443,000,000  versus a total put value of  0 Combined total value = 124,443,000,000

Strike  835  has a total call value of 132,013,200,000  versus a total put value of  0 Combined total value = 132,013,200,000

Strike  840  has a total call value of 139,583,400,000  versus a total put value of  0 Combined total value = 139,583,400,000

Strike  845  has a total call value of 147,176,700,000  versus a total put value of  0 Combined total value = 147,176,700,000

Strike  850  has a total call value of 154,770,000,000  versus a total put value of  0 Combined total value = 154,770,000,000

All Max-Pain Table


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.