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HINDALCO
HINDALCO INDUSTRIES LTD

560.25 2.60 (0.47%)


Strike  410  has a total call value of 0  versus a total put value of  79,861,600,000 Combined total value = 79,861,600,000

Strike  415  has a total call value of 0  versus a total put value of  76,062,700,000 Combined total value = 76,062,700,000

Strike  420  has a total call value of 0  versus a total put value of  72,263,800,000 Combined total value = 72,263,800,000

Strike  425  has a total call value of 11,900,000  versus a total put value of  68,483,100,000 Combined total value = 68,495,000,000

Strike  430  has a total call value of 23,800,000  versus a total put value of  64,711,500,000 Combined total value = 64,735,300,000

Strike  435  has a total call value of 35,700,000  versus a total put value of  60,995,200,000 Combined total value = 61,030,900,000

Strike  440  has a total call value of 47,600,000  versus a total put value of  57,278,900,000 Combined total value = 57,326,500,000

Strike  445  has a total call value of 59,500,000  versus a total put value of  53,562,600,000 Combined total value = 53,622,100,000

Strike  450  has a total call value of 71,400,000  versus a total put value of  49,846,300,000 Combined total value = 49,917,700,000

Strike  455  has a total call value of 83,300,000  versus a total put value of  46,289,600,000 Combined total value = 46,372,900,000

Strike  460  has a total call value of 95,200,000  versus a total put value of  42,752,500,000 Combined total value = 42,847,700,000

Strike  465  has a total call value of 112,700,000  versus a total put value of  39,269,300,000 Combined total value = 39,382,000,000

Strike  470  has a total call value of 130,200,000  versus a total put value of  35,825,300,000 Combined total value = 35,955,500,000

Strike  475  has a total call value of 169,400,000  versus a total put value of  32,479,300,000 Combined total value = 32,648,700,000

Strike  480  has a total call value of 208,600,000  versus a total put value of  29,160,600,000 Combined total value = 29,369,200,000

Strike  485  has a total call value of 279,300,000  versus a total put value of  26,275,900,000 Combined total value = 26,555,200,000

Strike  490  has a total call value of 350,000,000  versus a total put value of  23,391,200,000 Combined total value = 23,741,200,000

Strike  495  has a total call value of 420,700,000  versus a total put value of  20,601,700,000 Combined total value = 21,022,400,000

Strike  500  has a total call value of 491,400,000  versus a total put value of  17,906,700,000 Combined total value = 18,398,100,000

Strike  505  has a total call value of 676,200,000  versus a total put value of  15,470,700,000 Combined total value = 16,146,900,000

Strike  510  has a total call value of 861,000,000  versus a total put value of  13,100,500,000 Combined total value = 13,961,500,000

Strike  515  has a total call value of 1,164,100,000  versus a total put value of  11,039,000,000 Combined total value = 12,203,100,000

Strike  520  has a total call value of 1,491,000,000  versus a total put value of  9,034,900,000 Combined total value = 10,525,900,000

Strike  525  has a total call value of 2,307,200,000  versus a total put value of  7,252,700,000 Combined total value = 9,559,900,000

Strike  530  has a total call value of 3,159,800,000  versus a total put value of  5,565,000,000 Combined total value = 8,724,800,000

Strike  535  has a total call value of 4,279,800,000  versus a total put value of  4,088,700,000 Combined total value = 8,368,500,000

Strike  540  has a total call value of 5,537,700,000  versus a total put value of  2,825,900,000 Combined total value = 8,363,600,000

Strike  545  has a total call value of 7,072,800,000  versus a total put value of  1,938,300,000 Combined total value = 9,011,100,000

Strike  550  has a total call value of 8,726,900,000  versus a total put value of  1,254,400,000 Combined total value = 9,981,300,000

Strike  555  has a total call value of 10,656,800,000  versus a total put value of  955,500,000 Combined total value = 11,612,300,000

Strike  560  has a total call value of 12,623,800,000  versus a total put value of  719,600,000 Combined total value = 13,343,400,000

Strike  565  has a total call value of 14,670,600,000  versus a total put value of  571,900,000 Combined total value = 15,242,500,000

Strike  570  has a total call value of 16,768,500,000  versus a total put value of  442,400,000 Combined total value = 17,210,900,000

Strike  575  has a total call value of 18,945,500,000  versus a total put value of  329,700,000 Combined total value = 19,275,200,000

Strike  580  has a total call value of 21,191,800,000  versus a total put value of  222,600,000 Combined total value = 21,414,400,000

Strike  585  has a total call value of 23,592,100,000  versus a total put value of  165,200,000 Combined total value = 23,757,300,000

Strike  590  has a total call value of 26,013,400,000  versus a total put value of  107,800,000 Combined total value = 26,121,200,000

Strike  595  has a total call value of 28,540,400,000  versus a total put value of  66,500,000 Combined total value = 28,606,900,000

Strike  600  has a total call value of 31,115,700,000  versus a total put value of  25,200,000 Combined total value = 31,140,900,000

Strike  605  has a total call value of 34,192,900,000  versus a total put value of  18,900,000 Combined total value = 34,211,800,000

Strike  610  has a total call value of 37,270,100,000  versus a total put value of  12,600,000 Combined total value = 37,282,700,000

Strike  615  has a total call value of 40,396,300,000  versus a total put value of  6,300,000 Combined total value = 40,402,600,000

Strike  620  has a total call value of 43,522,500,000  versus a total put value of  0 Combined total value = 43,522,500,000

Strike  625  has a total call value of 46,811,100,000  versus a total put value of  0 Combined total value = 46,811,100,000

Strike  630  has a total call value of 50,163,400,000  versus a total put value of  0 Combined total value = 50,163,400,000

Strike  635  has a total call value of 53,515,700,000  versus a total put value of  0 Combined total value = 53,515,700,000

Strike  640  has a total call value of 56,868,000,000  versus a total put value of  0 Combined total value = 56,868,000,000

Strike  645  has a total call value of 60,220,300,000  versus a total put value of  0 Combined total value = 60,220,300,000

Strike  650  has a total call value of 63,572,600,000  versus a total put value of  0 Combined total value = 63,572,600,000

Strike  655  has a total call value of 66,997,000,000  versus a total put value of  0 Combined total value = 66,997,000,000

Strike  660  has a total call value of 70,421,400,000  versus a total put value of  0 Combined total value = 70,421,400,000

Strike  665  has a total call value of 73,845,800,000  versus a total put value of  0 Combined total value = 73,845,800,000

Strike  670  has a total call value of 77,270,200,000  versus a total put value of  0 Combined total value = 77,270,200,000

Strike  675  has a total call value of 80,694,600,000  versus a total put value of  0 Combined total value = 80,694,600,000

Strike  680  has a total call value of 84,119,000,000  versus a total put value of  0 Combined total value = 84,119,000,000

Strike  685  has a total call value of 87,543,400,000  versus a total put value of  0 Combined total value = 87,543,400,000

Strike  690  has a total call value of 90,967,800,000  versus a total put value of  0 Combined total value = 90,967,800,000

Strike  695  has a total call value of 94,392,200,000  versus a total put value of  0 Combined total value = 94,392,200,000

Strike  700  has a total call value of 97,816,600,000  versus a total put value of  0 Combined total value = 97,816,600,000

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.