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INDUSINDBK
INDUSIND BANK LIMITED

1526.65 51.75 (3.51%)


Strike  1260  has a total call value of 0  versus a total put value of  106,850,000,000 Combined total value = 106,850,000,000

Strike  1280  has a total call value of 0  versus a total put value of  97,527,000,000 Combined total value = 97,527,000,000

Strike  1300  has a total call value of 0  versus a total put value of  88,241,000,000 Combined total value = 88,241,000,000

Strike  1320  has a total call value of 30,000,000  versus a total put value of  79,462,000,000 Combined total value = 79,492,000,000

Strike  1340  has a total call value of 60,000,000  versus a total put value of  70,809,000,000 Combined total value = 70,869,000,000

Strike  1360  has a total call value of 90,000,000  versus a total put value of  62,249,000,000 Combined total value = 62,339,000,000

Strike  1380  has a total call value of 125,000,000  versus a total put value of  53,905,000,000 Combined total value = 54,030,000,000

Strike  1400  has a total call value of 165,000,000  versus a total put value of  45,849,000,000 Combined total value = 46,014,000,000

Strike  1420  has a total call value of 303,000,000  versus a total put value of  38,832,000,000 Combined total value = 39,135,000,000

Strike  1440  has a total call value of 462,000,000  versus a total put value of  32,113,000,000 Combined total value = 32,575,000,000

Strike  1460  has a total call value of 698,000,000  versus a total put value of  25,767,000,000 Combined total value = 26,465,000,000

Strike  1480  has a total call value of 1,179,000,000  versus a total put value of  19,967,000,000 Combined total value = 21,146,000,000

Strike  1500  has a total call value of 2,358,000,000  versus a total put value of  14,877,000,000 Combined total value = 17,235,000,000

Strike  1520  has a total call value of 5,226,000,000  versus a total put value of  11,107,000,000 Combined total value = 16,333,000,000

Strike  1540  has a total call value of 8,624,000,000  versus a total put value of  7,787,000,000 Combined total value = 16,411,000,000

Strike  1560  has a total call value of 12,900,000,000  versus a total put value of  4,862,000,000 Combined total value = 17,762,000,000

Strike  1580  has a total call value of 17,985,000,000  versus a total put value of  2,380,000,000 Combined total value = 20,365,000,000

Strike  1600  has a total call value of 23,440,000,000  versus a total put value of  20,000,000 Combined total value = 23,460,000,000

Strike  1620  has a total call value of 31,610,000,000  versus a total put value of  16,000,000 Combined total value = 31,626,000,000

Strike  1640  has a total call value of 39,888,000,000  versus a total put value of  12,000,000 Combined total value = 39,900,000,000

Strike  1660  has a total call value of 48,398,000,000  versus a total put value of  8,000,000 Combined total value = 48,406,000,000

Strike  1680  has a total call value of 57,005,000,000  versus a total put value of  4,000,000 Combined total value = 57,009,000,000

Strike  1700  has a total call value of 65,706,000,000  versus a total put value of  0 Combined total value = 65,706,000,000

Strike  1720  has a total call value of 74,752,000,000  versus a total put value of  0 Combined total value = 74,752,000,000

Strike  1740  has a total call value of 83,805,000,000  versus a total put value of  0 Combined total value = 83,805,000,000

Strike  1760  has a total call value of 92,882,000,000  versus a total put value of  0 Combined total value = 92,882,000,000

Strike  1780  has a total call value of 101,959,000,000  versus a total put value of  0 Combined total value = 101,959,000,000

Strike  1800  has a total call value of 111,036,000,000  versus a total put value of  0 Combined total value = 111,036,000,000

Strike  1820  has a total call value of 120,229,000,000  versus a total put value of  0 Combined total value = 120,229,000,000

Strike  1840  has a total call value of 129,422,000,000  versus a total put value of  0 Combined total value = 129,422,000,000

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.