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INFY
INFOSYS LIMITED

1438.45 7.70 (0.54%)

Max pain for INFY

25 Apr 2024 04:20 PM IST
Max Pain for INFY is 1460  



Strike  1160  has a total call value of 0  versus a total put value of  181,240,000,000 Combined total value = 181,240,000,000

Strike  1180  has a total call value of 0  versus a total put value of  167,071,200,000 Combined total value = 167,071,200,000

Strike  1200  has a total call value of 0  versus a total put value of  152,902,400,000 Combined total value = 152,902,400,000

Strike  1220  has a total call value of 0  versus a total put value of  139,147,200,000 Combined total value = 139,147,200,000

Strike  1240  has a total call value of 0  versus a total put value of  125,392,000,000 Combined total value = 125,392,000,000

Strike  1260  has a total call value of 0  versus a total put value of  111,801,600,000 Combined total value = 111,801,600,000

Strike  1280  has a total call value of 0  versus a total put value of  98,344,800,000 Combined total value = 98,344,800,000

Strike  1300  has a total call value of 0  versus a total put value of  85,064,000,000 Combined total value = 85,064,000,000

Strike  1320  has a total call value of 154,400,000  versus a total put value of  72,900,000,000 Combined total value = 73,054,400,000

Strike  1340  has a total call value of 308,800,000  versus a total put value of  61,160,000,000 Combined total value = 61,468,800,000

Strike  1360  has a total call value of 632,000,000  versus a total put value of  49,962,400,000 Combined total value = 50,594,400,000

Strike  1380  has a total call value of 1,289,600,000  versus a total put value of  40,521,600,000 Combined total value = 41,811,200,000

Strike  1400  has a total call value of 2,070,400,000  versus a total put value of  31,580,800,000 Combined total value = 33,651,200,000

Strike  1420  has a total call value of 3,895,200,000  versus a total put value of  25,725,600,000 Combined total value = 29,620,800,000

Strike  1440  has a total call value of 6,168,000,000  versus a total put value of  20,545,600,000 Combined total value = 26,713,600,000

Strike  1460  has a total call value of 10,020,000,000  versus a total put value of  16,409,600,000 Combined total value = 26,429,600,000

Strike  1480  has a total call value of 15,776,000,000  versus a total put value of  12,736,000,000 Combined total value = 28,512,000,000

Strike  1500  has a total call value of 22,493,600,000  versus a total put value of  9,464,800,000 Combined total value = 31,958,400,000

Strike  1520  has a total call value of 32,780,000,000  versus a total put value of  7,460,800,000 Combined total value = 40,240,800,000

Strike  1540  has a total call value of 44,030,400,000  versus a total put value of  5,890,400,000 Combined total value = 49,920,800,000

Strike  1560  has a total call value of 56,355,200,000  versus a total put value of  4,510,400,000 Combined total value = 60,865,600,000

Strike  1580  has a total call value of 69,168,800,000  versus a total put value of  3,298,400,000 Combined total value = 72,467,200,000

Strike  1600  has a total call value of 82,437,600,000  versus a total put value of  2,086,400,000 Combined total value = 84,524,000,000

Strike  1620  has a total call value of 98,954,400,000  versus a total put value of  1,605,600,000 Combined total value = 100,560,000,000

Strike  1640  has a total call value of 115,667,200,000  versus a total put value of  1,148,000,000 Combined total value = 116,815,200,000

Strike  1660  has a total call value of 132,602,400,000  versus a total put value of  740,800,000 Combined total value = 133,343,200,000

Strike  1680  has a total call value of 149,793,600,000  versus a total put value of  380,800,000 Combined total value = 150,174,400,000

Strike  1700  has a total call value of 167,400,000,000  versus a total put value of  223,200,000 Combined total value = 167,623,200,000

Strike  1720  has a total call value of 185,006,400,000  versus a total put value of  65,600,000 Combined total value = 185,072,000,000

Strike  1740  has a total call value of 202,795,200,000  versus a total put value of  32,800,000 Combined total value = 202,828,000,000

Strike  1760  has a total call value of 220,584,000,000  versus a total put value of  0 Combined total value = 220,584,000,000

Strike  1780  has a total call value of 238,419,200,000  versus a total put value of  0 Combined total value = 238,419,200,000

Strike  1800  has a total call value of 256,254,400,000  versus a total put value of  0 Combined total value = 256,254,400,000

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.