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HINDALCO
HINDALCO INDUSTRIES LTD

505.05 -13.30 (-2.57%)


Strike  420  has a total call value of 0  versus a total put value of  115,116,400,000 Combined total value = 115,116,400,000

Strike  425  has a total call value of 0  versus a total put value of  108,802,400,000 Combined total value = 108,802,400,000

Strike  430  has a total call value of 0  versus a total put value of  102,557,700,000 Combined total value = 102,557,700,000

Strike  435  has a total call value of 0  versus a total put value of  96,408,200,000 Combined total value = 96,408,200,000

Strike  440  has a total call value of 0  versus a total put value of  90,258,700,000 Combined total value = 90,258,700,000

Strike  445  has a total call value of 0  versus a total put value of  84,260,400,000 Combined total value = 84,260,400,000

Strike  450  has a total call value of 0  versus a total put value of  78,279,600,000 Combined total value = 78,279,600,000

Strike  455  has a total call value of 14,700,000  versus a total put value of  72,705,500,000 Combined total value = 72,720,200,000

Strike  460  has a total call value of 29,400,000  versus a total put value of  67,131,400,000 Combined total value = 67,160,800,000

Strike  465  has a total call value of 44,100,000  versus a total put value of  61,625,900,000 Combined total value = 61,670,000,000

Strike  470  has a total call value of 58,800,000  versus a total put value of  56,137,900,000 Combined total value = 56,196,700,000

Strike  475  has a total call value of 89,600,000  versus a total put value of  50,946,000,000 Combined total value = 51,035,600,000

Strike  480  has a total call value of 125,300,000  versus a total put value of  45,837,400,000 Combined total value = 45,962,700,000

Strike  485  has a total call value of 187,600,000  versus a total put value of  41,159,300,000 Combined total value = 41,346,900,000

Strike  490  has a total call value of 263,200,000  versus a total put value of  36,550,500,000 Combined total value = 36,813,700,000

Strike  495  has a total call value of 385,000,000  versus a total put value of  32,459,000,000 Combined total value = 32,844,000,000

Strike  500  has a total call value of 527,800,000  versus a total put value of  28,494,200,000 Combined total value = 29,022,000,000

Strike  505  has a total call value of 1,052,800,000  versus a total put value of  25,332,300,000 Combined total value = 26,385,100,000

Strike  510  has a total call value of 1,726,200,000  versus a total put value of  22,395,100,000 Combined total value = 24,121,300,000

Strike  515  has a total call value of 3,222,100,000  versus a total put value of  19,771,500,000 Combined total value = 22,993,600,000

Strike  520  has a total call value of 5,198,200,000  versus a total put value of  17,252,900,000 Combined total value = 22,451,100,000

Strike  525  has a total call value of 9,827,300,000  versus a total put value of  15,197,000,000 Combined total value = 25,024,300,000

Strike  530  has a total call value of 15,321,600,000  versus a total put value of  13,231,400,000 Combined total value = 28,553,000,000

Strike  535  has a total call value of 22,946,700,000  versus a total put value of  11,519,900,000 Combined total value = 34,466,600,000

Strike  540  has a total call value of 31,199,000,000  versus a total put value of  9,847,600,000 Combined total value = 41,046,600,000

Strike  545  has a total call value of 40,347,300,000  versus a total put value of  8,382,500,000 Combined total value = 48,729,800,000

Strike  550  has a total call value of 49,648,900,000  versus a total put value of  6,973,400,000 Combined total value = 56,622,300,000

Strike  555  has a total call value of 60,270,700,000  versus a total put value of  5,860,400,000 Combined total value = 66,131,100,000

Strike  560  has a total call value of 71,150,800,000  versus a total put value of  4,781,700,000 Combined total value = 75,932,500,000

Strike  565  has a total call value of 82,537,700,000  versus a total put value of  3,881,500,000 Combined total value = 86,419,200,000

Strike  570  has a total call value of 94,032,400,000  versus a total put value of  3,013,500,000 Combined total value = 97,045,900,000

Strike  575  has a total call value of 105,975,100,000  versus a total put value of  2,273,600,000 Combined total value = 108,248,700,000

Strike  580  has a total call value of 118,010,200,000  versus a total put value of  1,588,300,000 Combined total value = 119,598,500,000

Strike  585  has a total call value of 131,157,600,000  versus a total put value of  1,141,000,000 Combined total value = 132,298,600,000

Strike  590  has a total call value of 144,435,900,000  versus a total put value of  782,600,000 Combined total value = 145,218,500,000

Strike  595  has a total call value of 158,011,000,000  versus a total put value of  562,800,000 Combined total value = 158,573,800,000

Strike  600  has a total call value of 171,660,300,000  versus a total put value of  343,000,000 Combined total value = 172,003,300,000

Strike  605  has a total call value of 188,212,500,000  versus a total put value of  237,300,000 Combined total value = 188,449,800,000

Strike  610  has a total call value of 204,985,900,000  versus a total put value of  131,600,000 Combined total value = 205,117,500,000

Strike  615  has a total call value of 222,051,200,000  versus a total put value of  69,300,000 Combined total value = 222,120,500,000

Strike  620  has a total call value of 239,189,300,000  versus a total put value of  7,000,000 Combined total value = 239,196,300,000

Strike  625  has a total call value of 256,555,600,000  versus a total put value of  6,300,000 Combined total value = 256,561,900,000

Strike  630  has a total call value of 273,980,700,000  versus a total put value of  5,600,000 Combined total value = 273,986,300,000

Strike  635  has a total call value of 291,770,500,000  versus a total put value of  4,900,000 Combined total value = 291,775,400,000

Strike  640  has a total call value of 309,601,600,000  versus a total put value of  4,200,000 Combined total value = 309,605,800,000

Strike  645  has a total call value of 327,574,800,000  versus a total put value of  3,500,000 Combined total value = 327,578,300,000

Strike  650  has a total call value of 345,561,300,000  versus a total put value of  2,800,000 Combined total value = 345,564,100,000

Strike  655  has a total call value of 363,756,400,000  versus a total put value of  2,100,000 Combined total value = 363,758,500,000

Strike  660  has a total call value of 381,976,700,000  versus a total put value of  1,400,000 Combined total value = 381,978,100,000

Strike  665  has a total call value of 400,220,800,000  versus a total put value of  700,000 Combined total value = 400,221,500,000

Strike  670  has a total call value of 418,475,400,000  versus a total put value of  0 Combined total value = 418,475,400,000

Strike  675  has a total call value of 436,772,000,000  versus a total put value of  0 Combined total value = 436,772,000,000

Strike  680  has a total call value of 455,102,900,000  versus a total put value of  0 Combined total value = 455,102,900,000

Strike  685  has a total call value of 473,490,500,000  versus a total put value of  0 Combined total value = 473,490,500,000

Strike  690  has a total call value of 491,905,400,000  versus a total put value of  0 Combined total value = 491,905,400,000

Strike  695  has a total call value of 510,406,400,000  versus a total put value of  0 Combined total value = 510,406,400,000

Strike  700  has a total call value of 528,907,400,000  versus a total put value of  0 Combined total value = 528,907,400,000

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.