INFY
INFOSYS LIMITED
Max pain for INFY
24 Apr 2024 04:16 PM IST
Max Pain for INFY is 1480
Strike 1160 has a total call value of 0 versus a total put value of 226,799,200,000 Combined total value = 226,799,200,000
Strike 1180 has a total call value of 0 versus a total put value of 209,206,400,000 Combined total value = 209,206,400,000
Strike 1200 has a total call value of 0 versus a total put value of 191,613,600,000 Combined total value = 191,613,600,000
Strike 1220 has a total call value of 0 versus a total put value of 174,676,800,000 Combined total value = 174,676,800,000
Strike 1240 has a total call value of 0 versus a total put value of 157,740,000,000 Combined total value = 157,740,000,000
Strike 1260 has a total call value of 0 versus a total put value of 141,308,000,000 Combined total value = 141,308,000,000
Strike 1280 has a total call value of 0 versus a total put value of 125,181,600,000 Combined total value = 125,181,600,000
Strike 1300 has a total call value of 0 versus a total put value of 109,716,800,000 Combined total value = 109,716,800,000
Strike 1320 has a total call value of 20,800,000 versus a total put value of 95,648,800,000 Combined total value = 95,669,600,000
Strike 1340 has a total call value of 41,600,000 versus a total put value of 82,504,000,000 Combined total value = 82,545,600,000
Strike 1360 has a total call value of 106,400,000 versus a total put value of 70,155,200,000 Combined total value = 70,261,600,000
Strike 1380 has a total call value of 281,600,000 versus a total put value of 58,681,600,000 Combined total value = 58,963,200,000
Strike 1400 has a total call value of 589,600,000 versus a total put value of 47,876,000,000 Combined total value = 48,465,600,000
Strike 1420 has a total call value of 1,568,000,000 versus a total put value of 39,493,600,000 Combined total value = 41,061,600,000
Strike 1440 has a total call value of 3,448,000,000 versus a total put value of 32,123,200,000 Combined total value = 35,571,200,000
Strike 1460 has a total call value of 6,594,400,000 versus a total put value of 25,569,600,000 Combined total value = 32,164,000,000
Strike 1480 has a total call value of 11,548,800,000 versus a total put value of 19,532,000,000 Combined total value = 31,080,800,000
Strike 1500 has a total call value of 18,755,200,000 versus a total put value of 14,648,800,000 Combined total value = 33,404,000,000
Strike 1520 has a total call value of 33,023,200,000 versus a total put value of 12,024,800,000 Combined total value = 45,048,000,000
Strike 1540 has a total call value of 49,528,800,000 versus a total put value of 9,719,200,000 Combined total value = 59,248,000,000
Strike 1560 has a total call value of 69,339,200,000 versus a total put value of 7,754,400,000 Combined total value = 77,093,600,000
Strike 1580 has a total call value of 91,901,600,000 versus a total put value of 6,023,200,000 Combined total value = 97,924,800,000
Strike 1600 has a total call value of 115,316,000,000 versus a total put value of 4,367,200,000 Combined total value = 119,683,200,000
Strike 1620 has a total call value of 141,816,000,000 versus a total put value of 3,168,800,000 Combined total value = 144,984,800,000
Strike 1640 has a total call value of 169,068,800,000 versus a total put value of 2,392,800,000 Combined total value = 171,461,600,000
Strike 1660 has a total call value of 196,813,600,000 versus a total put value of 1,759,200,000 Combined total value = 198,572,800,000
Strike 1680 has a total call value of 224,936,000,000 versus a total put value of 1,371,200,000 Combined total value = 226,307,200,000
Strike 1700 has a total call value of 253,223,200,000 versus a total put value of 983,200,000 Combined total value = 254,206,400,000
Strike 1720 has a total call value of 282,598,400,000 versus a total put value of 784,800,000 Combined total value = 283,383,200,000
Strike 1740 has a total call value of 312,044,800,000 versus a total put value of 586,400,000 Combined total value = 312,631,200,000
Strike 1760 has a total call value of 341,553,600,000 versus a total put value of 392,000,000 Combined total value = 341,945,600,000
Strike 1780 has a total call value of 371,175,200,000 versus a total put value of 197,600,000 Combined total value = 371,372,800,000
Strike 1800 has a total call value of 400,837,600,000 versus a total put value of 3,200,000 Combined total value = 400,840,800,000
Strike 1820 has a total call value of 431,263,200,000 versus a total put value of 1,600,000 Combined total value = 431,264,800,000
Strike 1840 has a total call value of 461,688,800,000 versus a total put value of 0 Combined total value = 461,688,800,000
Strike 1860 has a total call value of 492,114,400,000 versus a total put value of 0 Combined total value = 492,114,400,000
Strike 1880 has a total call value of 522,540,000,000 versus a total put value of 0 Combined total value = 522,540,000,000
Strike 1900 has a total call value of 552,965,600,000 versus a total put value of 0 Combined total value = 552,965,600,000
Strike 1920 has a total call value of 583,391,200,000 versus a total put value of 0 Combined total value = 583,391,200,000
Strike 1940 has a total call value of 613,879,200,000 versus a total put value of 0 Combined total value = 613,879,200,000
Strike 1960 has a total call value of 644,367,200,000 versus a total put value of 0 Combined total value = 644,367,200,000
Strike 1980 has a total call value of 674,855,200,000 versus a total put value of 0 Combined total value = 674,855,200,000
Strike 2000 has a total call value of 705,343,200,000 versus a total put value of 0 Combined total value = 705,343,200,000
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.