[--[65.84.65.76]--]
ICICIGI
ICICI LOMBARD GIC LIMITED

1643.85 -67.90 (-3.97%)


Strike  1450  has a total call value of 0  versus a total put value of  7,365,000,000 Combined total value = 7,365,000,000

Strike  1460  has a total call value of 2,000,000  versus a total put value of  6,907,000,000 Combined total value = 6,909,000,000

Strike  1470  has a total call value of 4,000,000  versus a total put value of  6,449,000,000 Combined total value = 6,453,000,000

Strike  1480  has a total call value of 6,000,000  versus a total put value of  5,991,000,000 Combined total value = 5,997,000,000

Strike  1490  has a total call value of 8,000,000  versus a total put value of  5,533,000,000 Combined total value = 5,541,000,000

Strike  1500  has a total call value of 10,000,000  versus a total put value of  5,075,000,000 Combined total value = 5,085,000,000

Strike  1510  has a total call value of 12,000,000  versus a total put value of  4,682,000,000 Combined total value = 4,694,000,000

Strike  1520  has a total call value of 14,000,000  versus a total put value of  4,289,000,000 Combined total value = 4,303,000,000

Strike  1530  has a total call value of 16,000,000  versus a total put value of  3,896,000,000 Combined total value = 3,912,000,000

Strike  1540  has a total call value of 18,000,000  versus a total put value of  3,503,000,000 Combined total value = 3,521,000,000

Strike  1550  has a total call value of 20,000,000  versus a total put value of  3,110,000,000 Combined total value = 3,130,000,000

Strike  1560  has a total call value of 22,000,000  versus a total put value of  2,757,000,000 Combined total value = 2,779,000,000

Strike  1570  has a total call value of 24,000,000  versus a total put value of  2,404,000,000 Combined total value = 2,428,000,000

Strike  1580  has a total call value of 26,000,000  versus a total put value of  2,051,000,000 Combined total value = 2,077,000,000

Strike  1590  has a total call value of 28,000,000  versus a total put value of  1,724,500,000 Combined total value = 1,752,500,000

Strike  1600  has a total call value of 30,000,000  versus a total put value of  1,398,000,000 Combined total value = 1,428,000,000

Strike  1610  has a total call value of 62,000,000  versus a total put value of  1,224,500,000 Combined total value = 1,286,500,000

Strike  1620  has a total call value of 94,000,000  versus a total put value of  1,051,000,000 Combined total value = 1,145,000,000

Strike  1630  has a total call value of 126,000,000  versus a total put value of  877,500,000 Combined total value = 1,003,500,000

Strike  1640  has a total call value of 158,000,000  versus a total put value of  704,000,000 Combined total value = 862,000,000

Strike  1650  has a total call value of 190,000,000  versus a total put value of  557,500,000 Combined total value = 747,500,000

Strike  1660  has a total call value of 248,500,000  versus a total put value of  432,500,000 Combined total value = 681,000,000

Strike  1670  has a total call value of 326,500,000  versus a total put value of  312,000,000 Combined total value = 638,500,000

Strike  1680  has a total call value of 424,000,000  versus a total put value of  200,500,000 Combined total value = 624,500,000

Strike  1690  has a total call value of 558,500,000  versus a total put value of  106,000,000 Combined total value = 664,500,000

Strike  1700  has a total call value of 703,500,000  versus a total put value of  14,500,000 Combined total value = 718,000,000

Strike  1710  has a total call value of 1,125,500,000  versus a total put value of  0 Combined total value = 1,125,500,000

Strike  1720  has a total call value of 1,568,000,000  versus a total put value of  0 Combined total value = 1,568,000,000

Strike  1730  has a total call value of 2,074,500,000  versus a total put value of  0 Combined total value = 2,074,500,000

Strike  1740  has a total call value of 2,609,500,000  versus a total put value of  0 Combined total value = 2,609,500,000

Strike  1750  has a total call value of 3,157,500,000  versus a total put value of  0 Combined total value = 3,157,500,000

Strike  1760  has a total call value of 3,780,000,000  versus a total put value of  0 Combined total value = 3,780,000,000

Strike  1770  has a total call value of 4,407,500,000  versus a total put value of  0 Combined total value = 4,407,500,000

Strike  1780  has a total call value of 5,035,000,000  versus a total put value of  0 Combined total value = 5,035,000,000

Strike  1790  has a total call value of 5,662,500,000  versus a total put value of  0 Combined total value = 5,662,500,000

Strike  1800  has a total call value of 6,296,000,000  versus a total put value of  0 Combined total value = 6,296,000,000

Strike  1810  has a total call value of 7,106,500,000  versus a total put value of  0 Combined total value = 7,106,500,000

Strike  1820  has a total call value of 7,928,500,000  versus a total put value of  0 Combined total value = 7,928,500,000

Strike  1830  has a total call value of 8,776,000,000  versus a total put value of  0 Combined total value = 8,776,000,000

Strike  1840  has a total call value of 9,623,500,000  versus a total put value of  0 Combined total value = 9,623,500,000

Strike  1850  has a total call value of 10,471,000,000  versus a total put value of  0 Combined total value = 10,471,000,000

Strike  1860  has a total call value of 11,321,500,000  versus a total put value of  0 Combined total value = 11,321,500,000

Strike  1870  has a total call value of 12,239,500,000  versus a total put value of  0 Combined total value = 12,239,500,000

Strike  1880  has a total call value of 13,158,500,000  versus a total put value of  0 Combined total value = 13,158,500,000

Strike  1890  has a total call value of 14,077,500,000  versus a total put value of  0 Combined total value = 14,077,500,000

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.