INFY
INFOSYS LIMITED
Max pain for INFY
16 Apr 2024 04:16 PM IST
Max Pain for INFY is 1500
Strike 1240 has a total call value of 0 versus a total put value of 292,907,200,000 Combined total value = 292,907,200,000
Strike 1260 has a total call value of 0 versus a total put value of 262,979,200,000 Combined total value = 262,979,200,000
Strike 1280 has a total call value of 0 versus a total put value of 233,051,200,000 Combined total value = 233,051,200,000
Strike 1300 has a total call value of 0 versus a total put value of 203,845,600,000 Combined total value = 203,845,600,000
Strike 1320 has a total call value of 17,600,000 versus a total put value of 175,752,800,000 Combined total value = 175,770,400,000
Strike 1340 has a total call value of 64,000,000 versus a total put value of 150,128,000,000 Combined total value = 150,192,000,000
Strike 1360 has a total call value of 168,000,000 versus a total put value of 125,738,400,000 Combined total value = 125,906,400,000
Strike 1380 has a total call value of 380,800,000 versus a total put value of 105,272,000,000 Combined total value = 105,652,800,000
Strike 1400 has a total call value of 656,000,000 versus a total put value of 86,032,800,000 Combined total value = 86,688,800,000
Strike 1420 has a total call value of 1,762,400,000 versus a total put value of 70,336,000,000 Combined total value = 72,098,400,000
Strike 1440 has a total call value of 3,972,000,000 versus a total put value of 55,859,200,000 Combined total value = 59,831,200,000
Strike 1460 has a total call value of 7,775,200,000 versus a total put value of 43,178,400,000 Combined total value = 50,953,600,000
Strike 1480 has a total call value of 13,548,000,000 versus a total put value of 32,065,600,000 Combined total value = 45,613,600,000
Strike 1500 has a total call value of 22,295,200,000 versus a total put value of 22,896,800,000 Combined total value = 45,192,000,000
Strike 1520 has a total call value of 40,004,800,000 versus a total put value of 18,304,800,000 Combined total value = 58,309,600,000
Strike 1540 has a total call value of 61,012,800,000 versus a total put value of 14,338,400,000 Combined total value = 75,351,200,000
Strike 1560 has a total call value of 85,867,200,000 versus a total put value of 10,968,000,000 Combined total value = 96,835,200,000
Strike 1580 has a total call value of 114,484,800,000 versus a total put value of 8,076,800,000 Combined total value = 122,561,600,000
Strike 1600 has a total call value of 144,369,600,000 versus a total put value of 5,372,000,000 Combined total value = 149,741,600,000
Strike 1620 has a total call value of 179,475,200,000 versus a total put value of 3,853,600,000 Combined total value = 183,328,800,000
Strike 1640 has a total call value of 215,876,800,000 versus a total put value of 2,776,800,000 Combined total value = 218,653,600,000
Strike 1660 has a total call value of 253,608,000,000 versus a total put value of 1,913,600,000 Combined total value = 255,521,600,000
Strike 1680 has a total call value of 292,221,600,000 versus a total put value of 1,331,200,000 Combined total value = 293,552,800,000
Strike 1700 has a total call value of 331,101,600,000 versus a total put value of 748,800,000 Combined total value = 331,850,400,000
Strike 1720 has a total call value of 372,276,800,000 versus a total put value of 598,400,000 Combined total value = 372,875,200,000
Strike 1740 has a total call value of 413,609,600,000 versus a total put value of 448,800,000 Combined total value = 414,058,400,000
Strike 1760 has a total call value of 455,071,200,000 versus a total put value of 299,200,000 Combined total value = 455,370,400,000
Strike 1780 has a total call value of 496,764,800,000 versus a total put value of 149,600,000 Combined total value = 496,914,400,000
Strike 1800 has a total call value of 538,512,800,000 versus a total put value of 0 Combined total value = 538,512,800,000
Strike 1820 has a total call value of 581,380,000,000 versus a total put value of 0 Combined total value = 581,380,000,000
Strike 1840 has a total call value of 624,247,200,000 versus a total put value of 0 Combined total value = 624,247,200,000
Strike 1860 has a total call value of 667,133,600,000 versus a total put value of 0 Combined total value = 667,133,600,000
Strike 1880 has a total call value of 710,020,000,000 versus a total put value of 0 Combined total value = 710,020,000,000
Strike 1900 has a total call value of 752,906,400,000 versus a total put value of 0 Combined total value = 752,906,400,000
Strike 1920 has a total call value of 795,792,800,000 versus a total put value of 0 Combined total value = 795,792,800,000
Strike 1940 has a total call value of 838,753,600,000 versus a total put value of 0 Combined total value = 838,753,600,000
Strike 1960 has a total call value of 881,714,400,000 versus a total put value of 0 Combined total value = 881,714,400,000
Strike 1980 has a total call value of 924,675,200,000 versus a total put value of 0 Combined total value = 924,675,200,000
Strike 2000 has a total call value of 967,636,000,000 versus a total put value of 0 Combined total value = 967,636,000,000
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.