HDFCLIFE
HDFC LIFE INS CO LTD
Max pain for HDFCLIFE
19 Apr 2024 04:16 PM IST
Max Pain for HDFCLIFE is 615
Strike 500 has a total call value of 0 versus a total put value of 77,510,950,000 Combined total value = 77,510,950,000
Strike 505 has a total call value of 0 versus a total put value of 73,586,700,000 Combined total value = 73,586,700,000
Strike 510 has a total call value of 0 versus a total put value of 69,662,450,000 Combined total value = 69,662,450,000
Strike 515 has a total call value of 0 versus a total put value of 65,746,450,000 Combined total value = 65,746,450,000
Strike 520 has a total call value of 0 versus a total put value of 61,830,450,000 Combined total value = 61,830,450,000
Strike 525 has a total call value of 0 versus a total put value of 57,939,200,000 Combined total value = 57,939,200,000
Strike 530 has a total call value of 0 versus a total put value of 54,047,950,000 Combined total value = 54,047,950,000
Strike 535 has a total call value of 0 versus a total put value of 50,177,050,000 Combined total value = 50,177,050,000
Strike 540 has a total call value of 0 versus a total put value of 46,306,150,000 Combined total value = 46,306,150,000
Strike 545 has a total call value of 0 versus a total put value of 42,455,050,000 Combined total value = 42,455,050,000
Strike 550 has a total call value of 0 versus a total put value of 38,607,800,000 Combined total value = 38,607,800,000
Strike 555 has a total call value of 0 versus a total put value of 35,119,700,000 Combined total value = 35,119,700,000
Strike 560 has a total call value of 0 versus a total put value of 31,641,500,000 Combined total value = 31,641,500,000
Strike 565 has a total call value of 2,750,000 versus a total put value of 28,419,050,000 Combined total value = 28,421,800,000
Strike 570 has a total call value of 6,600,000 versus a total put value of 25,266,450,000 Combined total value = 25,273,050,000
Strike 575 has a total call value of 16,500,000 versus a total put value of 22,344,850,000 Combined total value = 22,361,350,000
Strike 580 has a total call value of 32,450,000 versus a total put value of 19,467,250,000 Combined total value = 19,499,700,000
Strike 585 has a total call value of 70,400,000 versus a total put value of 16,883,900,000 Combined total value = 16,954,300,000
Strike 590 has a total call value of 122,100,000 versus a total put value of 14,375,900,000 Combined total value = 14,498,000,000
Strike 595 has a total call value of 344,850,000 versus a total put value of 12,066,450,000 Combined total value = 12,411,300,000
Strike 600 has a total call value of 595,100,000 versus a total put value of 9,812,000,000 Combined total value = 10,407,100,000
Strike 605 has a total call value of 1,171,500,000 versus a total put value of 8,005,250,000 Combined total value = 9,176,750,000
Strike 610 has a total call value of 1,868,350,000 versus a total put value of 6,246,350,000 Combined total value = 8,114,700,000
Strike 615 has a total call value of 2,978,800,000 versus a total put value of 4,874,100,000 Combined total value = 7,852,900,000
Strike 620 has a total call value of 4,405,500,000 versus a total put value of 3,565,100,000 Combined total value = 7,970,600,000
Strike 625 has a total call value of 6,876,650,000 versus a total put value of 2,849,550,000 Combined total value = 9,726,200,000
Strike 630 has a total call value of 9,792,750,000 versus a total put value of 2,198,350,000 Combined total value = 11,991,100,000
Strike 635 has a total call value of 13,539,900,000 versus a total put value of 1,716,550,000 Combined total value = 15,256,450,000
Strike 640 has a total call value of 17,548,850,000 versus a total put value of 1,313,400,000 Combined total value = 18,862,250,000
Strike 645 has a total call value of 22,332,750,000 versus a total put value of 1,069,750,000 Combined total value = 23,402,500,000
Strike 650 has a total call value of 27,277,800,000 versus a total put value of 858,000,000 Combined total value = 28,135,800,000
Strike 655 has a total call value of 33,144,650,000 versus a total put value of 772,200,000 Combined total value = 33,916,850,000
Strike 660 has a total call value of 39,184,200,000 versus a total put value of 686,400,000 Combined total value = 39,870,600,000
Strike 665 has a total call value of 45,929,950,000 versus a total put value of 600,600,000 Combined total value = 46,530,550,000
Strike 670 has a total call value of 52,780,200,000 versus a total put value of 514,800,000 Combined total value = 53,295,000,000
Strike 675 has a total call value of 60,004,450,000 versus a total put value of 429,000,000 Combined total value = 60,433,450,000
Strike 680 has a total call value of 67,254,000,000 versus a total put value of 343,200,000 Combined total value = 67,597,200,000
Strike 685 has a total call value of 74,680,650,000 versus a total put value of 257,400,000 Combined total value = 74,938,050,000
Strike 690 has a total call value of 82,128,750,000 versus a total put value of 171,600,000 Combined total value = 82,300,350,000
Strike 695 has a total call value of 89,766,050,000 versus a total put value of 85,800,000 Combined total value = 89,851,850,000
Strike 700 has a total call value of 97,421,500,000 versus a total put value of 0 Combined total value = 97,421,500,000
Strike 705 has a total call value of 105,689,650,000 versus a total put value of 0 Combined total value = 105,689,650,000
Strike 710 has a total call value of 113,957,800,000 versus a total put value of 0 Combined total value = 113,957,800,000
Strike 715 has a total call value of 122,266,100,000 versus a total put value of 0 Combined total value = 122,266,100,000
Strike 720 has a total call value of 130,574,400,000 versus a total put value of 0 Combined total value = 130,574,400,000
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.