[--[65.84.65.76]--]
INDIACEM
THE INDIA CEMENTS LIMITED

232.9 1.75 (0.76%)


Strike  180  has a total call value of 0  versus a total put value of  10,083,300,000 Combined total value = 10,083,300,000

Strike  185  has a total call value of 0  versus a total put value of  8,744,950,000 Combined total value = 8,744,950,000

Strike  190  has a total call value of 0  versus a total put value of  7,406,600,000 Combined total value = 7,406,600,000

Strike  195  has a total call value of 0  versus a total put value of  6,220,500,000 Combined total value = 6,220,500,000

Strike  200  has a total call value of 0  versus a total put value of  5,034,400,000 Combined total value = 5,034,400,000

Strike  205  has a total call value of 0  versus a total put value of  4,017,950,000 Combined total value = 4,017,950,000

Strike  210  has a total call value of 0  versus a total put value of  3,001,500,000 Combined total value = 3,001,500,000

Strike  215  has a total call value of 0  versus a total put value of  2,201,100,000 Combined total value = 2,201,100,000

Strike  220  has a total call value of 0  versus a total put value of  1,468,850,000 Combined total value = 1,468,850,000

Strike  225  has a total call value of 50,750,000  versus a total put value of  933,800,000 Combined total value = 984,550,000

Strike  230  has a total call value of 101,500,000  versus a total put value of  553,900,000 Combined total value = 655,400,000

Strike  235  has a total call value of 426,300,000  versus a total put value of  426,300,000 Combined total value = 852,600,000

Strike  240  has a total call value of 829,400,000  versus a total put value of  298,700,000 Combined total value = 1,128,100,000

Strike  245  has a total call value of 1,521,050,000  versus a total put value of  171,100,000 Combined total value = 1,692,150,000

Strike  250  has a total call value of 2,285,200,000  versus a total put value of  43,500,000 Combined total value = 2,328,700,000

Strike  255  has a total call value of 3,625,000,000  versus a total put value of  21,750,000 Combined total value = 3,646,750,000

Strike  260  has a total call value of 4,983,650,000  versus a total put value of  0 Combined total value = 4,983,650,000

Strike  265  has a total call value of 6,485,850,000  versus a total put value of  0 Combined total value = 6,485,850,000

Strike  270  has a total call value of 8,001,100,000  versus a total put value of  0 Combined total value = 8,001,100,000

Strike  275  has a total call value of 9,652,650,000  versus a total put value of  0 Combined total value = 9,652,650,000

Strike  280  has a total call value of 11,304,200,000  versus a total put value of  0 Combined total value = 11,304,200,000

Strike  285  has a total call value of 12,955,750,000  versus a total put value of  0 Combined total value = 12,955,750,000

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.