INFY
INFOSYS LIMITED
Max pain for INFY
18 Apr 2024 06:07 PM IST
Max Pain for INFY is 1480
Strike 1160 has a total call value of 0 versus a total put value of 473,700,800,000 Combined total value = 473,700,800,000
Strike 1180 has a total call value of 0 versus a total put value of 434,772,800,000 Combined total value = 434,772,800,000
Strike 1200 has a total call value of 0 versus a total put value of 395,844,800,000 Combined total value = 395,844,800,000
Strike 1220 has a total call value of 0 versus a total put value of 357,989,600,000 Combined total value = 357,989,600,000
Strike 1240 has a total call value of 0 versus a total put value of 320,134,400,000 Combined total value = 320,134,400,000
Strike 1260 has a total call value of 0 versus a total put value of 283,512,000,000 Combined total value = 283,512,000,000
Strike 1280 has a total call value of 0 versus a total put value of 247,548,000,000 Combined total value = 247,548,000,000
Strike 1300 has a total call value of 0 versus a total put value of 212,780,800,000 Combined total value = 212,780,800,000
Strike 1320 has a total call value of 37,600,000 versus a total put value of 181,657,600,000 Combined total value = 181,695,200,000
Strike 1340 has a total call value of 105,600,000 versus a total put value of 153,093,600,000 Combined total value = 153,199,200,000
Strike 1360 has a total call value of 238,400,000 versus a total put value of 126,504,800,000 Combined total value = 126,743,200,000
Strike 1380 has a total call value of 537,600,000 versus a total put value of 104,451,200,000 Combined total value = 104,988,800,000
Strike 1400 has a total call value of 954,400,000 versus a total put value of 83,810,400,000 Combined total value = 84,764,800,000
Strike 1420 has a total call value of 2,613,600,000 versus a total put value of 67,705,600,000 Combined total value = 70,319,200,000
Strike 1440 has a total call value of 6,136,000,000 versus a total put value of 54,040,000,000 Combined total value = 60,176,000,000
Strike 1460 has a total call value of 12,298,400,000 versus a total put value of 42,440,800,000 Combined total value = 54,739,200,000
Strike 1480 has a total call value of 21,679,200,000 versus a total put value of 32,088,800,000 Combined total value = 53,768,000,000
Strike 1500 has a total call value of 34,870,400,000 versus a total put value of 23,502,400,000 Combined total value = 58,372,800,000
Strike 1520 has a total call value of 58,788,800,000 versus a total put value of 19,117,600,000 Combined total value = 77,906,400,000
Strike 1540 has a total call value of 86,212,000,000 versus a total put value of 15,313,600,000 Combined total value = 101,525,600,000
Strike 1560 has a total call value of 117,851,200,000 versus a total put value of 12,073,600,000 Combined total value = 129,924,800,000
Strike 1580 has a total call value of 153,429,600,000 versus a total put value of 9,297,600,000 Combined total value = 162,727,200,000
Strike 1600 has a total call value of 190,856,000,000 versus a total put value of 6,657,600,000 Combined total value = 197,513,600,000
Strike 1620 has a total call value of 234,318,400,000 versus a total put value of 5,030,400,000 Combined total value = 239,348,800,000
Strike 1640 has a total call value of 279,467,200,000 versus a total put value of 3,828,000,000 Combined total value = 283,295,200,000
Strike 1660 has a total call value of 325,900,000,000 versus a total put value of 2,840,800,000 Combined total value = 328,740,800,000
Strike 1680 has a total call value of 373,163,200,000 versus a total put value of 2,134,400,000 Combined total value = 375,297,600,000
Strike 1700 has a total call value of 420,682,400,000 versus a total put value of 1,428,000,000 Combined total value = 422,110,400,000
Strike 1720 has a total call value of 470,534,400,000 versus a total put value of 1,142,400,000 Combined total value = 471,676,800,000
Strike 1740 has a total call value of 520,525,600,000 versus a total put value of 856,800,000 Combined total value = 521,382,400,000
Strike 1760 has a total call value of 570,639,200,000 versus a total put value of 571,200,000 Combined total value = 571,210,400,000
Strike 1780 has a total call value of 620,971,200,000 versus a total put value of 285,600,000 Combined total value = 621,256,800,000
Strike 1800 has a total call value of 671,358,400,000 versus a total put value of 0 Combined total value = 671,358,400,000
Strike 1820 has a total call value of 722,868,800,000 versus a total put value of 0 Combined total value = 722,868,800,000
Strike 1840 has a total call value of 774,379,200,000 versus a total put value of 0 Combined total value = 774,379,200,000
Strike 1860 has a total call value of 825,906,400,000 versus a total put value of 0 Combined total value = 825,906,400,000
Strike 1880 has a total call value of 877,433,600,000 versus a total put value of 0 Combined total value = 877,433,600,000
Strike 1900 has a total call value of 928,960,800,000 versus a total put value of 0 Combined total value = 928,960,800,000
Strike 1920 has a total call value of 980,488,000,000 versus a total put value of 0 Combined total value = 980,488,000,000
Strike 1940 has a total call value of 1,032,089,600,000 versus a total put value of 0 Combined total value = 1,032,089,600,000
Strike 1960 has a total call value of 1,083,691,200,000 versus a total put value of 0 Combined total value = 1,083,691,200,000
Strike 1980 has a total call value of 1,135,292,800,000 versus a total put value of 0 Combined total value = 1,135,292,800,000
Strike 2000 has a total call value of 1,186,894,400,000 versus a total put value of 0 Combined total value = 1,186,894,400,000
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.