[--[65.84.65.76]--]
HDFCLIFE
HDFC LIFE INS CO LTD

598.35 4.85 (0.82%)

Max pain for HDFCLIFE

14 Jun 2024 04:06 PM IST

Max Pain for HDFCLIFE is 570  



Strike  450  has a total call value of 0  versus a total put value of  107,807,700,000 Combined total value = 107,807,700,000

Strike  455  has a total call value of 0  versus a total put value of  102,950,650,000 Combined total value = 102,950,650,000

Strike  460  has a total call value of 0  versus a total put value of  98,093,600,000 Combined total value = 98,093,600,000

Strike  465  has a total call value of 0  versus a total put value of  93,236,550,000 Combined total value = 93,236,550,000

Strike  470  has a total call value of 0  versus a total put value of  88,379,500,000 Combined total value = 88,379,500,000

Strike  475  has a total call value of 0  versus a total put value of  83,592,850,000 Combined total value = 83,592,850,000

Strike  480  has a total call value of 0  versus a total put value of  78,806,200,000 Combined total value = 78,806,200,000

Strike  485  has a total call value of 0  versus a total put value of  74,070,150,000 Combined total value = 74,070,150,000

Strike  490  has a total call value of 0  versus a total put value of  69,334,100,000 Combined total value = 69,334,100,000

Strike  495  has a total call value of 0  versus a total put value of  64,617,300,000 Combined total value = 64,617,300,000

Strike  500  has a total call value of 0  versus a total put value of  59,906,000,000 Combined total value = 59,906,000,000

Strike  505  has a total call value of 26,400,000  versus a total put value of  55,447,150,000 Combined total value = 55,473,550,000

Strike  510  has a total call value of 52,800,000  versus a total put value of  50,988,300,000 Combined total value = 51,041,100,000

Strike  515  has a total call value of 79,200,000  versus a total put value of  46,564,650,000 Combined total value = 46,643,850,000

Strike  520  has a total call value of 105,600,000  versus a total put value of  42,210,850,000 Combined total value = 42,316,450,000

Strike  525  has a total call value of 160,050,000  versus a total put value of  38,048,450,000 Combined total value = 38,208,500,000

Strike  530  has a total call value of 214,500,000  versus a total put value of  33,913,000,000 Combined total value = 34,127,500,000

Strike  535  has a total call value of 310,750,000  versus a total put value of  29,998,650,000 Combined total value = 30,309,400,000

Strike  540  has a total call value of 435,050,000  versus a total put value of  26,120,050,000 Combined total value = 26,555,100,000

Strike  545  has a total call value of 627,000,000  versus a total put value of  22,490,050,000 Combined total value = 23,117,050,000

Strike  550  has a total call value of 835,450,000  versus a total put value of  18,955,750,000 Combined total value = 19,791,200,000

Strike  555  has a total call value of 1,280,950,000  versus a total put value of  15,813,050,000 Combined total value = 17,094,000,000

Strike  560  has a total call value of 1,789,150,000  versus a total put value of  12,917,300,000 Combined total value = 14,706,450,000

Strike  565  has a total call value of 3,008,500,000  versus a total put value of  10,577,050,000 Combined total value = 13,585,550,000

Strike  570  has a total call value of 4,290,000,000  versus a total put value of  8,397,950,000 Combined total value = 12,687,950,000

Strike  575  has a total call value of 6,881,050,000  versus a total put value of  6,592,850,000 Combined total value = 13,473,900,000

Strike  580  has a total call value of 9,589,250,000  versus a total put value of  5,013,250,000 Combined total value = 14,602,500,000

Strike  585  has a total call value of 12,869,450,000  versus a total put value of  3,842,300,000 Combined total value = 16,711,750,000

Strike  590  has a total call value of 16,288,250,000  versus a total put value of  2,809,950,000 Combined total value = 19,098,200,000

Strike  595  has a total call value of 21,267,950,000  versus a total put value of  2,141,700,000 Combined total value = 23,409,650,000

Strike  600  has a total call value of 26,476,450,000  versus a total put value of  1,595,550,000 Combined total value = 28,072,000,000

Strike  605  has a total call value of 32,992,300,000  versus a total put value of  1,358,500,000 Combined total value = 34,350,800,000

Strike  610  has a total call value of 39,719,900,000  versus a total put value of  1,136,850,000 Combined total value = 40,856,750,000

Strike  615  has a total call value of 46,927,100,000  versus a total put value of  945,450,000 Combined total value = 47,872,550,000

Strike  620  has a total call value of 54,208,000,000  versus a total put value of  759,550,000 Combined total value = 54,967,550,000

Strike  625  has a total call value of 61,957,500,000  versus a total put value of  609,950,000 Combined total value = 62,567,450,000

Strike  630  has a total call value of 69,769,700,000  versus a total put value of  467,500,000 Combined total value = 70,237,200,000

Strike  635  has a total call value of 77,752,400,000  versus a total put value of  340,450,000 Combined total value = 78,092,850,000

Strike  640  has a total call value of 85,768,650,000  versus a total put value of  217,800,000 Combined total value = 85,986,450,000

Strike  645  has a total call value of 93,991,700,000  versus a total put value of  108,900,000 Combined total value = 94,100,600,000

Strike  650  has a total call value of 102,252,700,000  versus a total put value of  0 Combined total value = 102,252,700,000

Strike  655  has a total call value of 111,144,550,000  versus a total put value of  0 Combined total value = 111,144,550,000

Strike  660  has a total call value of 120,036,400,000  versus a total put value of  0 Combined total value = 120,036,400,000

Strike  665  has a total call value of 129,148,800,000  versus a total put value of  0 Combined total value = 129,148,800,000

Strike  670  has a total call value of 138,261,200,000  versus a total put value of  0 Combined total value = 138,261,200,000

Strike  675  has a total call value of 147,373,600,000  versus a total put value of  0 Combined total value = 147,373,600,000

Strike  680  has a total call value of 156,486,000,000  versus a total put value of  0 Combined total value = 156,486,000,000

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.