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HDFCLIFE
HDFC LIFE INS CO LTD

576.35 -4.35 (-0.75%)


Strike  500  has a total call value of 0  versus a total put value of  48,975,300,000 Combined total value = 48,975,300,000

Strike  505  has a total call value of 2,750,000  versus a total put value of  45,727,000,000 Combined total value = 45,729,750,000

Strike  510  has a total call value of 5,500,000  versus a total put value of  42,478,700,000 Combined total value = 42,484,200,000

Strike  515  has a total call value of 8,250,000  versus a total put value of  39,247,450,000 Combined total value = 39,255,700,000

Strike  520  has a total call value of 11,000,000  versus a total put value of  36,016,200,000 Combined total value = 36,027,200,000

Strike  525  has a total call value of 13,750,000  versus a total put value of  32,877,900,000 Combined total value = 32,891,650,000

Strike  530  has a total call value of 16,500,000  versus a total put value of  29,739,600,000 Combined total value = 29,756,100,000

Strike  535  has a total call value of 20,350,000  versus a total put value of  26,936,250,000 Combined total value = 26,956,600,000

Strike  540  has a total call value of 24,200,000  versus a total put value of  24,160,950,000 Combined total value = 24,185,150,000

Strike  545  has a total call value of 36,850,000  versus a total put value of  21,633,150,000 Combined total value = 21,670,000,000

Strike  550  has a total call value of 56,100,000  versus a total put value of  19,132,300,000 Combined total value = 19,188,400,000

Strike  555  has a total call value of 89,100,000  versus a total put value of  16,967,500,000 Combined total value = 17,056,600,000

Strike  560  has a total call value of 127,600,000  versus a total put value of  14,848,900,000 Combined total value = 14,976,500,000

Strike  565  has a total call value of 185,350,000  versus a total put value of  12,939,300,000 Combined total value = 13,124,650,000

Strike  570  has a total call value of 262,350,000  versus a total put value of  11,114,400,000 Combined total value = 11,376,750,000

Strike  575  has a total call value of 449,350,000  versus a total put value of  9,543,050,000 Combined total value = 9,992,400,000

Strike  580  has a total call value of 702,350,000  versus a total put value of  8,039,900,000 Combined total value = 8,742,250,000

Strike  585  has a total call value of 1,360,700,000  versus a total put value of  6,821,650,000 Combined total value = 8,182,350,000

Strike  590  has a total call value of 2,332,000,000  versus a total put value of  5,700,200,000 Combined total value = 8,032,200,000

Strike  595  has a total call value of 3,923,150,000  versus a total put value of  4,849,350,000 Combined total value = 8,772,500,000

Strike  600  has a total call value of 5,650,150,000  versus a total put value of  4,022,700,000 Combined total value = 9,672,850,000

Strike  605  has a total call value of 8,862,150,000  versus a total put value of  3,434,200,000 Combined total value = 12,296,350,000

Strike  610  has a total call value of 12,208,900,000  versus a total put value of  2,876,500,000 Combined total value = 15,085,400,000

Strike  615  has a total call value of 16,127,650,000  versus a total put value of  2,426,050,000 Combined total value = 18,553,700,000

Strike  620  has a total call value of 20,598,600,000  versus a total put value of  1,998,700,000 Combined total value = 22,597,300,000

Strike  625  has a total call value of 25,593,700,000  versus a total put value of  1,703,350,000 Combined total value = 27,297,050,000

Strike  630  has a total call value of 30,692,750,000  versus a total put value of  1,408,000,000 Combined total value = 32,100,750,000

Strike  635  has a total call value of 36,115,750,000  versus a total put value of  1,149,500,000 Combined total value = 37,265,250,000

Strike  640  has a total call value of 41,589,350,000  versus a total put value of  891,000,000 Combined total value = 42,480,350,000

Strike  645  has a total call value of 47,342,900,000  versus a total put value of  704,550,000 Combined total value = 48,047,450,000

Strike  650  has a total call value of 53,126,700,000  versus a total put value of  518,100,000 Combined total value = 53,644,800,000

Strike  655  has a total call value of 59,629,350,000  versus a total put value of  452,100,000 Combined total value = 60,081,450,000

Strike  660  has a total call value of 66,161,150,000  versus a total put value of  386,100,000 Combined total value = 66,547,250,000

Strike  665  has a total call value of 72,878,850,000  versus a total put value of  333,300,000 Combined total value = 73,212,150,000

Strike  670  has a total call value of 79,614,150,000  versus a total put value of  280,500,000 Combined total value = 79,894,650,000

Strike  675  has a total call value of 86,663,500,000  versus a total put value of  233,750,000 Combined total value = 86,897,250,000

Strike  680  has a total call value of 93,712,850,000  versus a total put value of  187,000,000 Combined total value = 93,899,850,000

Strike  685  has a total call value of 100,862,850,000  versus a total put value of  140,250,000 Combined total value = 101,003,100,000

Strike  690  has a total call value of 108,012,850,000  versus a total put value of  93,500,000 Combined total value = 108,106,350,000

Strike  695  has a total call value of 115,196,950,000  versus a total put value of  46,750,000 Combined total value = 115,243,700,000

Strike  700  has a total call value of 122,381,050,000  versus a total put value of  0 Combined total value = 122,381,050,000

Strike  705  has a total call value of 130,075,550,000  versus a total put value of  0 Combined total value = 130,075,550,000

Strike  710  has a total call value of 137,770,050,000  versus a total put value of  0 Combined total value = 137,770,050,000

Strike  715  has a total call value of 145,464,550,000  versus a total put value of  0 Combined total value = 145,464,550,000

Strike  720  has a total call value of 153,159,050,000  versus a total put value of  0 Combined total value = 153,159,050,000

Strike  725  has a total call value of 160,890,400,000  versus a total put value of  0 Combined total value = 160,890,400,000

Strike  730  has a total call value of 168,621,750,000  versus a total put value of  0 Combined total value = 168,621,750,000

Strike  735  has a total call value of 176,353,100,000  versus a total put value of  0 Combined total value = 176,353,100,000

Strike  740  has a total call value of 184,084,450,000  versus a total put value of  0 Combined total value = 184,084,450,000

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.