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IDFCFIRSTB
Idfc First Bank Limited

72.37 -0.77 (-1.05%)

Max pain for IDFCFIRSTB

11 Oct 2024 04:11 PM IST

Max Pain for IDFCFIRSTB is 73  



Strike  60  has a total call value of 0  versus a total put value of  104,374,500,000 Combined total value = 104,374,500,000

Strike  61  has a total call value of 0  versus a total put value of  96,318,750,000 Combined total value = 96,318,750,000

Strike  62  has a total call value of 0  versus a total put value of  88,263,000,000 Combined total value = 88,263,000,000

Strike  63  has a total call value of 0  versus a total put value of  80,274,750,000 Combined total value = 80,274,750,000

Strike  64  has a total call value of 0  versus a total put value of  72,286,500,000 Combined total value = 72,286,500,000

Strike  65  has a total call value of 3,750,000  versus a total put value of  64,471,500,000 Combined total value = 64,475,250,000

Strike  66  has a total call value of 7,500,000  versus a total put value of  56,656,500,000 Combined total value = 56,664,000,000

Strike  67  has a total call value of 18,000,000  versus a total put value of  48,841,500,000 Combined total value = 48,859,500,000

Strike  68  has a total call value of 50,250,000  versus a total put value of  41,174,250,000 Combined total value = 41,224,500,000

Strike  69  has a total call value of 82,500,000  versus a total put value of  33,507,000,000 Combined total value = 33,589,500,000

Strike  70  has a total call value of 114,750,000  versus a total put value of  26,149,500,000 Combined total value = 26,264,250,000

Strike  71  has a total call value of 1,220,250,000  versus a total put value of  20,481,000,000 Combined total value = 21,701,250,000

Strike  72  has a total call value of 2,730,750,000  versus a total put value of  15,318,000,000 Combined total value = 18,048,750,000

Strike  73  has a total call value of 5,111,250,000  versus a total put value of  11,241,000,000 Combined total value = 16,352,250,000

Strike  74  has a total call value of 8,506,500,000  versus a total put value of  8,020,500,000 Combined total value = 16,527,000,000

Strike  75  has a total call value of 12,954,000,000  versus a total put value of  5,417,250,000 Combined total value = 18,371,250,000

Strike  76  has a total call value of 21,397,500,000  versus a total put value of  4,354,500,000 Combined total value = 25,752,000,000

Strike  77  has a total call value of 30,501,000,000  versus a total put value of  3,291,750,000 Combined total value = 33,792,750,000

Strike  78  has a total call value of 40,401,750,000  versus a total put value of  2,229,000,000 Combined total value = 42,630,750,000

Strike  79  has a total call value of 51,157,500,000  versus a total put value of  1,166,250,000 Combined total value = 52,323,750,000

Strike  80  has a total call value of 62,308,500,000  versus a total put value of  103,500,000 Combined total value = 62,412,000,000

Strike  81  has a total call value of 76,982,250,000  versus a total put value of  53,250,000 Combined total value = 77,035,500,000

Strike  82  has a total call value of 91,656,000,000  versus a total put value of  15,000,000 Combined total value = 91,671,000,000

Strike  83  has a total call value of 106,680,750,000  versus a total put value of  0 Combined total value = 106,680,750,000

Strike  84  has a total call value of 122,225,250,000  versus a total put value of  0 Combined total value = 122,225,250,000

All Max-Pain Table


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.