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HINDALCO
HINDALCO INDUSTRIES LTD

518.35 -2.80 (-0.54%)


Strike  425  has a total call value of 0  versus a total put value of  114,445,800,000 Combined total value = 114,445,800,000

Strike  430  has a total call value of 0  versus a total put value of  107,914,100,000 Combined total value = 107,914,100,000

Strike  435  has a total call value of 0  versus a total put value of  101,484,600,000 Combined total value = 101,484,600,000

Strike  440  has a total call value of 0  versus a total put value of  95,066,300,000 Combined total value = 95,066,300,000

Strike  445  has a total call value of 0  versus a total put value of  88,805,500,000 Combined total value = 88,805,500,000

Strike  450  has a total call value of 0  versus a total put value of  82,562,200,000 Combined total value = 82,562,200,000

Strike  455  has a total call value of 0  versus a total put value of  76,743,100,000 Combined total value = 76,743,100,000

Strike  460  has a total call value of 0  versus a total put value of  70,940,100,000 Combined total value = 70,940,100,000

Strike  465  has a total call value of 0  versus a total put value of  65,210,600,000 Combined total value = 65,210,600,000

Strike  470  has a total call value of 0  versus a total put value of  59,499,300,000 Combined total value = 59,499,300,000

Strike  475  has a total call value of 19,600,000  versus a total put value of  54,084,100,000 Combined total value = 54,103,700,000

Strike  480  has a total call value of 49,700,000  versus a total put value of  48,702,500,000 Combined total value = 48,752,200,000

Strike  485  has a total call value of 105,000,000  versus a total put value of  43,714,300,000 Combined total value = 43,819,300,000

Strike  490  has a total call value of 172,900,000  versus a total put value of  38,800,300,000 Combined total value = 38,973,200,000

Strike  495  has a total call value of 284,900,000  versus a total put value of  34,410,600,000 Combined total value = 34,695,500,000

Strike  500  has a total call value of 416,500,000  versus a total put value of  30,127,300,000 Combined total value = 30,543,800,000

Strike  505  has a total call value of 913,500,000  versus a total put value of  26,642,700,000 Combined total value = 27,556,200,000

Strike  510  has a total call value of 1,532,300,000  versus a total put value of  23,324,700,000 Combined total value = 24,857,000,000

Strike  515  has a total call value of 2,838,500,000  versus a total put value of  20,434,400,000 Combined total value = 23,272,900,000

Strike  520  has a total call value of 4,533,200,000  versus a total put value of  17,721,200,000 Combined total value = 22,254,400,000

Strike  525  has a total call value of 8,796,900,000  versus a total put value of  15,551,200,000 Combined total value = 24,348,100,000

Strike  530  has a total call value of 14,056,000,000  versus a total put value of  13,506,500,000 Combined total value = 27,562,500,000

Strike  535  has a total call value of 21,614,600,000  versus a total put value of  11,765,600,000 Combined total value = 33,380,200,000

Strike  540  has a total call value of 29,817,900,000  versus a total put value of  10,067,400,000 Combined total value = 39,885,300,000

Strike  545  has a total call value of 39,074,000,000  versus a total put value of  8,590,400,000 Combined total value = 47,664,400,000

Strike  550  has a total call value of 48,523,300,000  versus a total put value of  7,169,400,000 Combined total value = 55,692,700,000

Strike  555  has a total call value of 59,359,300,000  versus a total put value of  6,057,100,000 Combined total value = 65,416,400,000

Strike  560  has a total call value of 70,534,800,000  versus a total put value of  4,981,900,000 Combined total value = 75,516,700,000

Strike  565  has a total call value of 82,380,200,000  versus a total put value of  4,092,200,000 Combined total value = 86,472,400,000

Strike  570  has a total call value of 94,367,700,000  versus a total put value of  3,236,800,000 Combined total value = 97,604,500,000

Strike  575  has a total call value of 106,872,500,000  versus a total put value of  2,514,400,000 Combined total value = 109,386,900,000

Strike  580  has a total call value of 119,504,700,000  versus a total put value of  1,848,000,000 Combined total value = 121,352,700,000

Strike  585  has a total call value of 133,257,600,000  versus a total put value of  1,425,200,000 Combined total value = 134,682,800,000

Strike  590  has a total call value of 147,158,200,000  versus a total put value of  1,002,400,000 Combined total value = 148,160,600,000

Strike  595  has a total call value of 161,417,900,000  versus a total put value of  718,200,000 Combined total value = 162,136,100,000

Strike  600  has a total call value of 175,760,900,000  versus a total put value of  471,800,000 Combined total value = 176,232,700,000

Strike  605  has a total call value of 193,359,600,000  versus a total put value of  355,600,000 Combined total value = 193,715,200,000

Strike  610  has a total call value of 211,195,600,000  versus a total put value of  239,400,000 Combined total value = 211,435,000,000

Strike  615  has a total call value of 229,394,900,000  versus a total put value of  168,700,000 Combined total value = 229,563,600,000

Strike  620  has a total call value of 247,667,700,000  versus a total put value of  98,000,000 Combined total value = 247,765,700,000

Strike  625  has a total call value of 266,199,500,000  versus a total put value of  88,200,000 Combined total value = 266,287,700,000

Strike  630  has a total call value of 284,790,800,000  versus a total put value of  78,400,000 Combined total value = 284,869,200,000

Strike  635  has a total call value of 303,751,000,000  versus a total put value of  68,600,000 Combined total value = 303,819,600,000

Strike  640  has a total call value of 322,758,800,000  versus a total put value of  58,800,000 Combined total value = 322,817,600,000

Strike  645  has a total call value of 341,917,800,000  versus a total put value of  53,900,000 Combined total value = 341,971,700,000

Strike  650  has a total call value of 361,090,100,000  versus a total put value of  49,000,000 Combined total value = 361,139,100,000

Strike  655  has a total call value of 380,519,300,000  versus a total put value of  44,100,000 Combined total value = 380,563,400,000

Strike  660  has a total call value of 399,973,700,000  versus a total put value of  39,200,000 Combined total value = 400,012,900,000

Strike  665  has a total call value of 419,454,000,000  versus a total put value of  34,300,000 Combined total value = 419,488,300,000

Strike  670  has a total call value of 438,946,900,000  versus a total put value of  29,400,000 Combined total value = 438,976,300,000

Strike  675  has a total call value of 458,524,500,000  versus a total put value of  24,500,000 Combined total value = 458,549,000,000

Strike  680  has a total call value of 478,137,100,000  versus a total put value of  19,600,000 Combined total value = 478,156,700,000

Strike  685  has a total call value of 497,826,700,000  versus a total put value of  14,700,000 Combined total value = 497,841,400,000

Strike  690  has a total call value of 517,543,600,000  versus a total put value of  9,800,000 Combined total value = 517,553,400,000

Strike  695  has a total call value of 537,351,500,000  versus a total put value of  4,900,000 Combined total value = 537,356,400,000

Strike  700  has a total call value of 557,159,400,000  versus a total put value of  0 Combined total value = 557,159,400,000

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.