ICICIGI
ICICI LOMBARD GIC LIMITED
Max pain for ICICIGI
19 Apr 2024 02:03 PM IST
Max Pain for ICICIGI is 1700
Strike 1400 has a total call value of 0 versus a total put value of 25,812,500,000 Combined total value = 25,812,500,000
Strike 1410 has a total call value of 0 versus a total put value of 24,715,000,000 Combined total value = 24,715,000,000
Strike 1420 has a total call value of 0 versus a total put value of 23,617,500,000 Combined total value = 23,617,500,000
Strike 1430 has a total call value of 0 versus a total put value of 22,520,000,000 Combined total value = 22,520,000,000
Strike 1440 has a total call value of 0 versus a total put value of 21,422,500,000 Combined total value = 21,422,500,000
Strike 1450 has a total call value of 0 versus a total put value of 20,325,000,000 Combined total value = 20,325,000,000
Strike 1460 has a total call value of 0 versus a total put value of 19,227,500,000 Combined total value = 19,227,500,000
Strike 1470 has a total call value of 0 versus a total put value of 18,130,000,000 Combined total value = 18,130,000,000
Strike 1480 has a total call value of 0 versus a total put value of 17,032,500,000 Combined total value = 17,032,500,000
Strike 1490 has a total call value of 0 versus a total put value of 15,935,000,000 Combined total value = 15,935,000,000
Strike 1500 has a total call value of 0 versus a total put value of 14,837,500,000 Combined total value = 14,837,500,000
Strike 1510 has a total call value of 0 versus a total put value of 13,801,000,000 Combined total value = 13,801,000,000
Strike 1520 has a total call value of 0 versus a total put value of 12,764,500,000 Combined total value = 12,764,500,000
Strike 1530 has a total call value of 0 versus a total put value of 11,728,000,000 Combined total value = 11,728,000,000
Strike 1540 has a total call value of 0 versus a total put value of 10,691,500,000 Combined total value = 10,691,500,000
Strike 1550 has a total call value of 0 versus a total put value of 9,668,000,000 Combined total value = 9,668,000,000
Strike 1560 has a total call value of 0 versus a total put value of 8,697,500,000 Combined total value = 8,697,500,000
Strike 1570 has a total call value of 0 versus a total put value of 7,757,500,000 Combined total value = 7,757,500,000
Strike 1580 has a total call value of 0 versus a total put value of 6,817,500,000 Combined total value = 6,817,500,000
Strike 1590 has a total call value of 0 versus a total put value of 6,016,000,000 Combined total value = 6,016,000,000
Strike 1600 has a total call value of 0 versus a total put value of 5,214,500,000 Combined total value = 5,214,500,000
Strike 1610 has a total call value of 27,000,000 versus a total put value of 4,597,000,000 Combined total value = 4,624,000,000
Strike 1620 has a total call value of 54,500,000 versus a total put value of 3,979,500,000 Combined total value = 4,034,000,000
Strike 1630 has a total call value of 82,000,000 versus a total put value of 3,413,500,000 Combined total value = 3,495,500,000
Strike 1640 has a total call value of 109,500,000 versus a total put value of 2,854,000,000 Combined total value = 2,963,500,000
Strike 1650 has a total call value of 147,500,000 versus a total put value of 2,315,500,000 Combined total value = 2,463,000,000
Strike 1660 has a total call value of 185,500,000 versus a total put value of 1,810,500,000 Combined total value = 1,996,000,000
Strike 1670 has a total call value of 269,000,000 versus a total put value of 1,403,500,000 Combined total value = 1,672,500,000
Strike 1680 has a total call value of 352,500,000 versus a total put value of 996,500,000 Combined total value = 1,349,000,000
Strike 1690 has a total call value of 504,500,000 versus a total put value of 665,000,000 Combined total value = 1,169,500,000
Strike 1700 has a total call value of 698,500,000 versus a total put value of 377,000,000 Combined total value = 1,075,500,000
Strike 1710 has a total call value of 1,484,000,000 versus a total put value of 286,500,000 Combined total value = 1,770,500,000
Strike 1720 has a total call value of 2,269,500,000 versus a total put value of 196,000,000 Combined total value = 2,465,500,000
Strike 1730 has a total call value of 3,240,000,000 versus a total put value of 150,500,000 Combined total value = 3,390,500,000
Strike 1740 has a total call value of 4,296,500,000 versus a total put value of 105,000,000 Combined total value = 4,401,500,000
Strike 1750 has a total call value of 5,559,500,000 versus a total put value of 78,000,000 Combined total value = 5,637,500,000
Strike 1760 has a total call value of 7,037,000,000 versus a total put value of 51,000,000 Combined total value = 7,088,000,000
Strike 1770 has a total call value of 8,667,000,000 versus a total put value of 35,500,000 Combined total value = 8,702,500,000
Strike 1780 has a total call value of 10,297,000,000 versus a total put value of 20,000,000 Combined total value = 10,317,000,000
Strike 1790 has a total call value of 12,034,000,000 versus a total put value of 10,000,000 Combined total value = 12,044,000,000
Strike 1800 has a total call value of 13,771,000,000 versus a total put value of 0 Combined total value = 13,771,000,000
Strike 1810 has a total call value of 15,887,000,000 versus a total put value of 0 Combined total value = 15,887,000,000
Strike 1820 has a total call value of 18,003,000,000 versus a total put value of 0 Combined total value = 18,003,000,000
Strike 1830 has a total call value of 20,182,000,000 versus a total put value of 0 Combined total value = 20,182,000,000
Strike 1840 has a total call value of 22,361,000,000 versus a total put value of 0 Combined total value = 22,361,000,000
Strike 1850 has a total call value of 24,610,000,000 versus a total put value of 0 Combined total value = 24,610,000,000
Strike 1860 has a total call value of 26,859,000,000 versus a total put value of 0 Combined total value = 26,859,000,000
Strike 1870 has a total call value of 29,170,500,000 versus a total put value of 0 Combined total value = 29,170,500,000
Strike 1880 has a total call value of 31,482,000,000 versus a total put value of 0 Combined total value = 31,482,000,000
Strike 1890 has a total call value of 33,828,500,000 versus a total put value of 0 Combined total value = 33,828,500,000
Strike 1900 has a total call value of 36,175,000,000 versus a total put value of 0 Combined total value = 36,175,000,000
Strike 1910 has a total call value of 38,690,500,000 versus a total put value of 0 Combined total value = 38,690,500,000
Strike 1920 has a total call value of 41,206,000,000 versus a total put value of 0 Combined total value = 41,206,000,000
Strike 1930 has a total call value of 43,797,000,000 versus a total put value of 0 Combined total value = 43,797,000,000
Strike 1940 has a total call value of 46,388,000,000 versus a total put value of 0 Combined total value = 46,388,000,000
Strike 1950 has a total call value of 49,004,500,000 versus a total put value of 0 Combined total value = 49,004,500,000
Strike 1960 has a total call value of 51,621,000,000 versus a total put value of 0 Combined total value = 51,621,000,000
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.