IEX
INDIAN ENERGY EXC LTD
Max pain for IEX
19 Mar 2024 10:05 AM IST
Max Pain for IEX is 140
Strike 110 has a total call value of 0 versus a total put value of 47,820,937,500 Combined total value = 47,820,937,500
Strike 112.5 has a total call value of 0 versus a total put value of 43,519,687,500 Combined total value = 43,519,687,500
Strike 115 has a total call value of 0 versus a total put value of 39,218,437,500 Combined total value = 39,218,437,500
Strike 116 has a total call value of 0 versus a total put value of 37,497,937,500 Combined total value = 37,497,937,500
Strike 117 has a total call value of 0 versus a total put value of 35,777,437,500 Combined total value = 35,777,437,500
Strike 117.5 has a total call value of 0 versus a total put value of 34,917,187,500 Combined total value = 34,917,187,500
Strike 118 has a total call value of 0 versus a total put value of 34,056,937,500 Combined total value = 34,056,937,500
Strike 119 has a total call value of 0 versus a total put value of 32,336,437,500 Combined total value = 32,336,437,500
Strike 120 has a total call value of 0 versus a total put value of 30,615,937,500 Combined total value = 30,615,937,500
Strike 121 has a total call value of 0 versus a total put value of 28,980,937,500 Combined total value = 28,980,937,500
Strike 122 has a total call value of 0 versus a total put value of 27,345,937,500 Combined total value = 27,345,937,500
Strike 122.5 has a total call value of 0 versus a total put value of 26,528,437,500 Combined total value = 26,528,437,500
Strike 123 has a total call value of 375,000 versus a total put value of 25,717,500,000 Combined total value = 25,717,875,000
Strike 124 has a total call value of 1,125,000 versus a total put value of 24,095,625,000 Combined total value = 24,096,750,000
Strike 125 has a total call value of 1,875,000 versus a total put value of 22,473,750,000 Combined total value = 22,475,625,000
Strike 126 has a total call value of 2,625,000 versus a total put value of 21,008,625,000 Combined total value = 21,011,250,000
Strike 127 has a total call value of 3,375,000 versus a total put value of 19,543,500,000 Combined total value = 19,546,875,000
Strike 127.5 has a total call value of 3,750,000 versus a total put value of 18,810,937,500 Combined total value = 18,814,687,500
Strike 128 has a total call value of 4,125,000 versus a total put value of 18,103,687,500 Combined total value = 18,107,812,500
Strike 129 has a total call value of 4,875,000 versus a total put value of 16,689,187,500 Combined total value = 16,694,062,500
Strike 130 has a total call value of 5,625,000 versus a total put value of 15,274,687,500 Combined total value = 15,280,312,500
Strike 131 has a total call value of 38,625,000 versus a total put value of 14,100,562,500 Combined total value = 14,139,187,500
Strike 132 has a total call value of 71,625,000 versus a total put value of 12,926,437,500 Combined total value = 12,998,062,500
Strike 132.5 has a total call value of 88,125,000 versus a total put value of 12,339,375,000 Combined total value = 12,427,500,000
Strike 133 has a total call value of 104,625,000 versus a total put value of 11,766,000,000 Combined total value = 11,870,625,000
Strike 134 has a total call value of 146,625,000 versus a total put value of 10,642,125,000 Combined total value = 10,788,750,000
Strike 135 has a total call value of 188,625,000 versus a total put value of 9,536,250,000 Combined total value = 9,724,875,000
Strike 136 has a total call value of 370,125,000 versus a total put value of 8,629,875,000 Combined total value = 9,000,000,000
Strike 137 has a total call value of 551,625,000 versus a total put value of 7,735,875,000 Combined total value = 8,287,500,000
Strike 137.5 has a total call value of 642,375,000 versus a total put value of 7,292,625,000 Combined total value = 7,935,000,000
Strike 138 has a total call value of 752,437,500 versus a total put value of 6,860,250,000 Combined total value = 7,612,687,500
Strike 139 has a total call value of 1,002,562,500 versus a total put value of 6,015,750,000 Combined total value = 7,018,312,500
Strike 140 has a total call value of 1,252,687,500 versus a total put value of 5,171,250,000 Combined total value = 6,423,937,500
Strike 141 has a total call value of 1,860,562,500 versus a total put value of 4,593,000,000 Combined total value = 6,453,562,500
Strike 142 has a total call value of 2,490,187,500 versus a total put value of 4,027,500,000 Combined total value = 6,517,687,500
Strike 142.5 has a total call value of 2,828,812,500 versus a total put value of 3,756,000,000 Combined total value = 6,584,812,500
Strike 143 has a total call value of 3,174,937,500 versus a total put value of 3,489,375,000 Combined total value = 6,664,312,500
Strike 144 has a total call value of 3,896,062,500 versus a total put value of 2,971,500,000 Combined total value = 6,867,562,500
Strike 145 has a total call value of 4,647,562,500 versus a total put value of 2,466,750,000 Combined total value = 7,114,312,500
Strike 146 has a total call value of 5,730,937,500 versus a total put value of 2,110,125,000 Combined total value = 7,841,062,500
Strike 147 has a total call value of 6,837,937,500 versus a total put value of 1,753,500,000 Combined total value = 8,591,437,500
Strike 147.5 has a total call value of 7,412,812,500 versus a total put value of 1,584,375,000 Combined total value = 8,997,187,500
Strike 148 has a total call value of 7,998,562,500 versus a total put value of 1,415,250,000 Combined total value = 9,413,812,500
Strike 149 has a total call value of 9,205,312,500 versus a total put value of 1,077,000,000 Combined total value = 10,282,312,500
Strike 150 has a total call value of 10,459,687,500 versus a total put value of 738,750,000 Combined total value = 11,198,437,500
Strike 151 has a total call value of 12,438,187,500 versus a total put value of 621,000,000 Combined total value = 13,059,187,500
Strike 152 has a total call value of 14,463,187,500 versus a total put value of 503,250,000 Combined total value = 14,966,437,500
Strike 152.5 has a total call value of 15,502,875,000 versus a total put value of 444,375,000 Combined total value = 15,947,250,000
Strike 153 has a total call value of 16,542,562,500 versus a total put value of 385,500,000 Combined total value = 16,928,062,500
Strike 154 has a total call value of 18,621,937,500 versus a total put value of 267,750,000 Combined total value = 18,889,687,500
Strike 155 has a total call value of 20,721,187,500 versus a total put value of 150,000,000 Combined total value = 20,871,187,500
Strike 156 has a total call value of 23,347,687,500 versus a total put value of 135,000,000 Combined total value = 23,482,687,500
Strike 157 has a total call value of 25,997,437,500 versus a total put value of 120,000,000 Combined total value = 26,117,437,500
Strike 157.5 has a total call value of 27,345,375,000 versus a total put value of 112,500,000 Combined total value = 27,457,875,000
Strike 158 has a total call value of 28,700,437,500 versus a total put value of 105,000,000 Combined total value = 28,805,437,500
Strike 159 has a total call value of 31,463,812,500 versus a total put value of 90,000,000 Combined total value = 31,553,812,500
Strike 160 has a total call value of 34,227,187,500 versus a total put value of 75,000,000 Combined total value = 34,302,187,500
Strike 161 has a total call value of 37,931,437,500 versus a total put value of 60,000,000 Combined total value = 37,991,437,500
Strike 162 has a total call value of 41,635,687,500 versus a total put value of 45,000,000 Combined total value = 41,680,687,500
Strike 162.5 has a total call value of 43,487,812,500 versus a total put value of 37,500,000 Combined total value = 43,525,312,500
Strike 163 has a total call value of 45,339,937,500 versus a total put value of 30,000,000 Combined total value = 45,369,937,500
Strike 164 has a total call value of 49,044,187,500 versus a total put value of 15,000,000 Combined total value = 49,059,187,500
Strike 165 has a total call value of 52,748,437,500 versus a total put value of 0 Combined total value = 52,748,437,500
Strike 166 has a total call value of 56,631,562,500 versus a total put value of 0 Combined total value = 56,631,562,500
Strike 167 has a total call value of 60,514,687,500 versus a total put value of 0 Combined total value = 60,514,687,500
Strike 167.5 has a total call value of 62,456,250,000 versus a total put value of 0 Combined total value = 62,456,250,000
Strike 168 has a total call value of 64,397,812,500 versus a total put value of 0 Combined total value = 64,397,812,500
Strike 169 has a total call value of 68,280,937,500 versus a total put value of 0 Combined total value = 68,280,937,500
Strike 170 has a total call value of 72,164,062,500 versus a total put value of 0 Combined total value = 72,164,062,500
Strike 171 has a total call value of 76,473,187,500 versus a total put value of 0 Combined total value = 76,473,187,500
Strike 172 has a total call value of 80,782,312,500 versus a total put value of 0 Combined total value = 80,782,312,500
Strike 172.5 has a total call value of 82,936,875,000 versus a total put value of 0 Combined total value = 82,936,875,000
Strike 173 has a total call value of 85,091,437,500 versus a total put value of 0 Combined total value = 85,091,437,500
Strike 174 has a total call value of 89,400,562,500 versus a total put value of 0 Combined total value = 89,400,562,500
Strike 175 has a total call value of 93,709,687,500 versus a total put value of 0 Combined total value = 93,709,687,500
Strike 176 has a total call value of 98,114,437,500 versus a total put value of 0 Combined total value = 98,114,437,500
Strike 177 has a total call value of 102,519,187,500 versus a total put value of 0 Combined total value = 102,519,187,500
Strike 177.5 has a total call value of 104,721,562,500 versus a total put value of 0 Combined total value = 104,721,562,500
Strike 178 has a total call value of 106,923,937,500 versus a total put value of 0 Combined total value = 106,923,937,500
Strike 179 has a total call value of 111,328,687,500 versus a total put value of 0 Combined total value = 111,328,687,500
Strike 180 has a total call value of 115,733,437,500 versus a total put value of 0 Combined total value = 115,733,437,500
Strike 181 has a total call value of 120,300,937,500 versus a total put value of 0 Combined total value = 120,300,937,500
Strike 182 has a total call value of 124,868,437,500 versus a total put value of 0 Combined total value = 124,868,437,500
Strike 182.5 has a total call value of 127,152,187,500 versus a total put value of 0 Combined total value = 127,152,187,500
Strike 183 has a total call value of 129,435,937,500 versus a total put value of 0 Combined total value = 129,435,937,500
Strike 184 has a total call value of 134,003,437,500 versus a total put value of 0 Combined total value = 134,003,437,500
Strike 185 has a total call value of 138,570,937,500 versus a total put value of 0 Combined total value = 138,570,937,500
Strike 186 has a total call value of 143,192,812,500 versus a total put value of 0 Combined total value = 143,192,812,500
Strike 187 has a total call value of 147,814,687,500 versus a total put value of 0 Combined total value = 147,814,687,500
Strike 187.5 has a total call value of 150,125,625,000 versus a total put value of 0 Combined total value = 150,125,625,000
Strike 188 has a total call value of 152,436,562,500 versus a total put value of 0 Combined total value = 152,436,562,500
Strike 189 has a total call value of 157,058,437,500 versus a total put value of 0 Combined total value = 157,058,437,500
Strike 190 has a total call value of 161,680,312,500 versus a total put value of 0 Combined total value = 161,680,312,500
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.