[--[65.84.65.76]--]
IDFCFIRSTB
IDFC FIRST BANK LIMITED

78 0.55 (0.71%)

Max pain for IDFCFIRSTB

14 Jun 2024 04:06 PM IST

Max Pain for IDFCFIRSTB is 78  



Strike  64  has a total call value of 0  versus a total put value of  98,017,500,000 Combined total value = 98,017,500,000

Strike  65  has a total call value of 0  versus a total put value of  90,008,250,000 Combined total value = 90,008,250,000

Strike  66  has a total call value of 0  versus a total put value of  82,173,000,000 Combined total value = 82,173,000,000

Strike  67  has a total call value of 0  versus a total put value of  74,426,250,000 Combined total value = 74,426,250,000

Strike  68  has a total call value of 0  versus a total put value of  66,679,500,000 Combined total value = 66,679,500,000

Strike  69  has a total call value of 0  versus a total put value of  59,282,250,000 Combined total value = 59,282,250,000

Strike  70  has a total call value of 0  versus a total put value of  51,953,250,000 Combined total value = 51,953,250,000

Strike  71  has a total call value of 102,000,000  versus a total put value of  45,550,500,000 Combined total value = 45,652,500,000

Strike  72  has a total call value of 204,000,000  versus a total put value of  39,250,500,000 Combined total value = 39,454,500,000

Strike  73  has a total call value of 306,000,000  versus a total put value of  33,236,250,000 Combined total value = 33,542,250,000

Strike  74  has a total call value of 470,250,000  versus a total put value of  27,510,750,000 Combined total value = 27,981,000,000

Strike  75  has a total call value of 747,000,000  versus a total put value of  22,125,750,000 Combined total value = 22,872,750,000

Strike  76  has a total call value of 1,737,750,000  versus a total put value of  17,934,000,000 Combined total value = 19,671,750,000

Strike  77  has a total call value of 2,890,500,000  versus a total put value of  13,957,500,000 Combined total value = 16,848,000,000

Strike  78  has a total call value of 4,452,000,000  versus a total put value of  10,561,500,000 Combined total value = 15,013,500,000

Strike  79  has a total call value of 7,729,500,000  versus a total put value of  8,211,750,000 Combined total value = 15,941,250,000

Strike  80  has a total call value of 11,696,250,000  versus a total put value of  6,197,250,000 Combined total value = 17,893,500,000

Strike  81  has a total call value of 19,242,750,000  versus a total put value of  5,145,750,000 Combined total value = 24,388,500,000

Strike  82  has a total call value of 27,264,750,000  versus a total put value of  4,191,750,000 Combined total value = 31,456,500,000

Strike  83  has a total call value of 36,033,750,000  versus a total put value of  3,333,750,000 Combined total value = 39,367,500,000

Strike  84  has a total call value of 45,133,500,000  versus a total put value of  2,547,750,000 Combined total value = 47,681,250,000

Strike  85  has a total call value of 54,484,500,000  versus a total put value of  1,823,250,000 Combined total value = 56,307,750,000

Strike  86  has a total call value of 66,051,750,000  versus a total put value of  1,469,250,000 Combined total value = 67,521,000,000

Strike  87  has a total call value of 78,015,000,000  versus a total put value of  1,115,250,000 Combined total value = 79,130,250,000

Strike  88  has a total call value of 90,239,250,000  versus a total put value of  761,250,000 Combined total value = 91,000,500,000

Strike  89  has a total call value of 102,837,750,000  versus a total put value of  407,250,000 Combined total value = 103,245,000,000

Strike  90  has a total call value of 115,483,500,000  versus a total put value of  53,250,000 Combined total value = 115,536,750,000

Strike  91  has a total call value of 130,101,000,000  versus a total put value of  30,000,000 Combined total value = 130,131,000,000

Strike  92  has a total call value of 144,882,000,000  versus a total put value of  6,750,000 Combined total value = 144,888,750,000

Strike  93  has a total call value of 159,901,500,000  versus a total put value of  0 Combined total value = 159,901,500,000

Strike  94  has a total call value of 175,011,750,000  versus a total put value of  0 Combined total value = 175,011,750,000

Strike  95  has a total call value of 190,458,000,000  versus a total put value of  0 Combined total value = 190,458,000,000

Strike  96  has a total call value of 205,904,250,000  versus a total put value of  0 Combined total value = 205,904,250,000

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.