INDUSTOWER
INDUS TOWERS LIMITED
Max pain for INDUSTOWER
19 Apr 2024 03:48 PM IST
Max Pain for INDUSTOWER is 330
Strike 220 has a total call value of 0 versus a total put value of 151,205,650,000 Combined total value = 151,205,650,000
Strike 222.5 has a total call value of 0 versus a total put value of 147,148,600,000 Combined total value = 147,148,600,000
Strike 225 has a total call value of 0 versus a total put value of 143,091,550,000 Combined total value = 143,091,550,000
Strike 227.5 has a total call value of 0 versus a total put value of 139,034,500,000 Combined total value = 139,034,500,000
Strike 230 has a total call value of 0 versus a total put value of 134,977,450,000 Combined total value = 134,977,450,000
Strike 232.5 has a total call value of 0 versus a total put value of 130,945,050,000 Combined total value = 130,945,050,000
Strike 235 has a total call value of 0 versus a total put value of 126,912,650,000 Combined total value = 126,912,650,000
Strike 237.5 has a total call value of 0 versus a total put value of 122,880,250,000 Combined total value = 122,880,250,000
Strike 240 has a total call value of 0 versus a total put value of 118,860,600,000 Combined total value = 118,860,600,000
Strike 242.5 has a total call value of 0 versus a total put value of 114,880,900,000 Combined total value = 114,880,900,000
Strike 245 has a total call value of 0 versus a total put value of 110,901,200,000 Combined total value = 110,901,200,000
Strike 247.5 has a total call value of 0 versus a total put value of 106,921,500,000 Combined total value = 106,921,500,000
Strike 250 has a total call value of 0 versus a total put value of 102,942,650,000 Combined total value = 102,942,650,000
Strike 252.5 has a total call value of 73,100,000 versus a total put value of 99,153,350,000 Combined total value = 99,226,450,000
Strike 255 has a total call value of 146,200,000 versus a total put value of 95,364,050,000 Combined total value = 95,510,250,000
Strike 257.5 has a total call value of 219,300,000 versus a total put value of 91,574,750,000 Combined total value = 91,794,050,000
Strike 260 has a total call value of 292,400,000 versus a total put value of 87,785,450,000 Combined total value = 88,077,850,000
Strike 262.5 has a total call value of 402,050,000 versus a total put value of 84,121,100,000 Combined total value = 84,523,150,000
Strike 265 has a total call value of 511,700,000 versus a total put value of 80,456,750,000 Combined total value = 80,968,450,000
Strike 267.5 has a total call value of 621,350,000 versus a total put value of 76,807,700,000 Combined total value = 77,429,050,000
Strike 270 has a total call value of 731,000,000 versus a total put value of 73,169,700,000 Combined total value = 73,900,700,000
Strike 272.5 has a total call value of 878,900,000 versus a total put value of 69,649,850,000 Combined total value = 70,528,750,000
Strike 275 has a total call value of 1,026,800,000 versus a total put value of 66,152,100,000 Combined total value = 67,178,900,000
Strike 277.5 has a total call value of 1,174,700,000 versus a total put value of 62,696,000,000 Combined total value = 63,870,700,000
Strike 280 has a total call value of 1,322,600,000 versus a total put value of 59,239,900,000 Combined total value = 60,562,500,000
Strike 282.5 has a total call value of 1,529,150,000 versus a total put value of 55,995,450,000 Combined total value = 57,524,600,000
Strike 285 has a total call value of 1,735,700,000 versus a total put value of 52,751,000,000 Combined total value = 54,486,700,000
Strike 287.5 has a total call value of 2,071,450,000 versus a total put value of 49,573,700,000 Combined total value = 51,645,150,000
Strike 290 has a total call value of 2,407,200,000 versus a total put value of 46,414,250,000 Combined total value = 48,821,450,000
Strike 292.5 has a total call value of 2,803,300,000 versus a total put value of 43,368,700,000 Combined total value = 46,172,000,000
Strike 295 has a total call value of 3,199,400,000 versus a total put value of 40,349,500,000 Combined total value = 43,548,900,000
Strike 297.5 has a total call value of 3,616,750,000 versus a total put value of 37,372,800,000 Combined total value = 40,989,550,000
Strike 300 has a total call value of 4,034,100,000 versus a total put value of 34,421,600,000 Combined total value = 38,455,700,000
Strike 302.5 has a total call value of 4,822,050,000 versus a total put value of 31,870,750,000 Combined total value = 36,692,800,000
Strike 305 has a total call value of 5,610,000,000 versus a total put value of 29,332,650,000 Combined total value = 34,942,650,000
Strike 307.5 has a total call value of 6,460,850,000 versus a total put value of 26,878,700,000 Combined total value = 33,339,550,000
Strike 310 has a total call value of 7,324,450,000 versus a total put value of 24,446,000,000 Combined total value = 31,770,450,000
Strike 312.5 has a total call value of 8,268,800,000 versus a total put value of 22,168,000,000 Combined total value = 30,436,800,000
Strike 315 has a total call value of 9,213,150,000 versus a total put value of 19,900,200,000 Combined total value = 29,113,350,000
Strike 317.5 has a total call value of 10,193,200,000 versus a total put value of 17,700,400,000 Combined total value = 27,893,600,000
Strike 320 has a total call value of 11,220,000,000 versus a total put value of 15,545,650,000 Combined total value = 26,765,650,000
Strike 322.5 has a total call value of 12,383,650,000 versus a total put value of 13,687,550,000 Combined total value = 26,071,200,000
Strike 325 has a total call value of 13,585,550,000 versus a total put value of 11,884,700,000 Combined total value = 25,470,250,000
Strike 330 has a total call value of 16,179,750,000 versus a total put value of 8,585,000,000 Combined total value = 24,764,750,000
Strike 335 has a total call value of 19,673,250,000 versus a total put value of 6,033,300,000 Combined total value = 25,706,550,000
Strike 337.5 has a total call value of 21,512,650,000 versus a total put value of 4,924,050,000 Combined total value = 26,436,700,000
Strike 340 has a total call value of 23,352,050,000 versus a total put value of 3,814,800,000 Combined total value = 27,166,850,000
Strike 342.5 has a total call value of 25,525,500,000 versus a total put value of 3,056,600,000 Combined total value = 28,582,100,000
Strike 345 has a total call value of 27,698,950,000 versus a total put value of 2,298,400,000 Combined total value = 29,997,350,000
Strike 347.5 has a total call value of 30,004,150,000 versus a total put value of 1,691,500,000 Combined total value = 31,695,650,000
Strike 350 has a total call value of 32,309,350,000 versus a total put value of 1,084,600,000 Combined total value = 33,393,950,000
Strike 355 has a total call value of 38,140,350,000 versus a total put value of 576,300,000 Combined total value = 38,716,650,000
Strike 360 has a total call value of 44,469,450,000 versus a total put value of 238,000,000 Combined total value = 44,707,450,000
Strike 365 has a total call value of 52,345,550,000 versus a total put value of 178,500,000 Combined total value = 52,524,050,000
Strike 370 has a total call value of 60,515,750,000 versus a total put value of 134,300,000 Combined total value = 60,650,050,000
Strike 375 has a total call value of 69,561,450,000 versus a total put value of 98,600,000 Combined total value = 69,660,050,000
Strike 380 has a total call value of 79,287,150,000 versus a total put value of 69,700,000 Combined total value = 79,356,850,000
Strike 385 has a total call value of 89,505,850,000 versus a total put value of 44,200,000 Combined total value = 89,550,050,000
Strike 390 has a total call value of 99,894,550,000 versus a total put value of 22,100,000 Combined total value = 99,916,650,000
Strike 395 has a total call value of 110,652,150,000 versus a total put value of 0 Combined total value = 110,652,150,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.