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IOC
INDIAN OIL CORP LTD

166.2 -2.80 (-1.66%)

Max pain for IOC

19 Apr 2024 12:32 PM IST
Max Pain for IOC is 170  



Strike  137  has a total call value of 0  versus a total put value of  104,790,075,000 Combined total value = 104,790,075,000

Strike  137.5  has a total call value of 0  versus a total put value of  102,680,662,500 Combined total value = 102,680,662,500

Strike  138  has a total call value of 0  versus a total put value of  100,571,250,000 Combined total value = 100,571,250,000

Strike  139  has a total call value of 0  versus a total put value of  96,352,425,000 Combined total value = 96,352,425,000

Strike  140  has a total call value of 0  versus a total put value of  92,133,600,000 Combined total value = 92,133,600,000

Strike  141  has a total call value of 9,750,000  versus a total put value of  88,152,675,000 Combined total value = 88,162,425,000

Strike  142  has a total call value of 19,500,000  versus a total put value of  84,171,750,000 Combined total value = 84,191,250,000

Strike  142.5  has a total call value of 24,375,000  versus a total put value of  82,181,287,500 Combined total value = 82,205,662,500

Strike  143  has a total call value of 29,250,000  versus a total put value of  80,190,825,000 Combined total value = 80,220,075,000

Strike  144  has a total call value of 39,000,000  versus a total put value of  76,209,900,000 Combined total value = 76,248,900,000

Strike  145  has a total call value of 48,750,000  versus a total put value of  72,228,975,000 Combined total value = 72,277,725,000

Strike  146  has a total call value of 58,500,000  versus a total put value of  68,350,425,000 Combined total value = 68,408,925,000

Strike  147  has a total call value of 68,250,000  versus a total put value of  64,471,875,000 Combined total value = 64,540,125,000

Strike  147.5  has a total call value of 73,125,000  versus a total put value of  62,539,912,500 Combined total value = 62,613,037,500

Strike  148  has a total call value of 78,000,000  versus a total put value of  60,607,950,000 Combined total value = 60,685,950,000

Strike  149  has a total call value of 87,750,000  versus a total put value of  56,757,675,000 Combined total value = 56,845,425,000

Strike  150  has a total call value of 97,500,000  versus a total put value of  52,971,750,000 Combined total value = 53,069,250,000

Strike  151  has a total call value of 226,200,000  versus a total put value of  49,569,975,000 Combined total value = 49,796,175,000

Strike  152  has a total call value of 354,900,000  versus a total put value of  46,192,575,000 Combined total value = 46,547,475,000

Strike  152.5  has a total call value of 419,250,000  versus a total put value of  44,527,762,500 Combined total value = 44,947,012,500

Strike  153  has a total call value of 483,600,000  versus a total put value of  42,875,137,500 Combined total value = 43,358,737,500

Strike  154  has a total call value of 612,300,000  versus a total put value of  39,582,562,500 Combined total value = 40,194,862,500

Strike  155  has a total call value of 741,000,000  versus a total put value of  36,328,012,500 Combined total value = 37,069,012,500

Strike  156  has a total call value of 884,325,000  versus a total put value of  33,323,062,500 Combined total value = 34,207,387,500

Strike  157  has a total call value of 1,027,650,000  versus a total put value of  30,343,462,500 Combined total value = 31,371,112,500

Strike  157.5  has a total call value of 1,099,312,500  versus a total put value of  28,867,800,000 Combined total value = 29,967,112,500

Strike  158  has a total call value of 1,171,462,500  versus a total put value of  27,404,812,500 Combined total value = 28,576,275,000

Strike  159  has a total call value of 1,324,537,500  versus a total put value of  24,537,337,500 Combined total value = 25,861,875,000

Strike  160  has a total call value of 1,480,537,500  versus a total put value of  21,692,287,500 Combined total value = 23,172,825,000

Strike  161  has a total call value of 1,838,362,500  versus a total put value of  19,365,937,500 Combined total value = 21,204,300,000

Strike  162  has a total call value of 2,202,037,500  versus a total put value of  17,099,062,500 Combined total value = 19,301,100,000

Strike  162.5  has a total call value of 2,386,312,500  versus a total put value of  15,988,050,000 Combined total value = 18,374,362,500

Strike  163  has a total call value of 2,574,975,000  versus a total put value of  14,891,175,000 Combined total value = 17,466,150,000

Strike  164  has a total call value of 2,972,775,000  versus a total put value of  12,774,450,000 Combined total value = 15,747,225,000

Strike  165  has a total call value of 3,404,700,000  versus a total put value of  10,732,800,000 Combined total value = 14,137,500,000

Strike  166  has a total call value of 4,201,275,000  versus a total put value of  9,167,925,000 Combined total value = 13,369,200,000

Strike  167  has a total call value of 5,046,600,000  versus a total put value of  7,690,800,000 Combined total value = 12,737,400,000

Strike  167.5  has a total call value of 5,499,975,000  versus a total put value of  6,979,050,000 Combined total value = 12,479,025,000

Strike  168  has a total call value of 5,973,337,500  versus a total put value of  6,284,362,500 Combined total value = 12,257,700,000

Strike  169  has a total call value of 6,991,237,500  versus a total put value of  4,974,937,500 Combined total value = 11,966,175,000

Strike  170  has a total call value of 8,063,737,500  versus a total put value of  3,715,237,500 Combined total value = 11,778,975,000

Strike  171  has a total call value of 9,990,337,500  versus a total put value of  3,017,137,500 Combined total value = 13,007,475,000

Strike  172  has a total call value of 12,065,137,500  versus a total put value of  2,357,062,500 Combined total value = 14,422,200,000

Strike  172.5  has a total call value of 13,166,400,000  versus a total put value of  2,050,912,500 Combined total value = 15,217,312,500

Strike  173  has a total call value of 14,305,687,500  versus a total put value of  1,759,875,000 Combined total value = 16,065,562,500

Strike  174  has a total call value of 16,746,112,500  versus a total put value of  1,232,400,000 Combined total value = 17,978,512,500

Strike  175  has a total call value of 19,380,562,500  versus a total put value of  749,775,000 Combined total value = 20,130,337,500

Strike  176  has a total call value of 23,429,737,500  versus a total put value of  600,600,000 Combined total value = 24,030,337,500

Strike  177  has a total call value of 27,604,687,500  versus a total put value of  451,425,000 Combined total value = 28,056,112,500

Strike  177.5  has a total call value of 29,735,550,000  versus a total put value of  382,687,500 Combined total value = 30,118,237,500

Strike  178  has a total call value of 31,909,800,000  versus a total put value of  313,950,000 Combined total value = 32,223,750,000

Strike  179  has a total call value of 36,435,750,000  versus a total put value of  176,475,000 Combined total value = 36,612,225,000

Strike  180  has a total call value of 40,995,825,000  versus a total put value of  39,000,000 Combined total value = 41,034,825,000

Strike  181  has a total call value of 46,738,575,000  versus a total put value of  37,050,000 Combined total value = 46,775,625,000

Strike  182  has a total call value of 52,568,100,000  versus a total put value of  35,100,000 Combined total value = 52,603,200,000

Strike  182.5  has a total call value of 55,512,112,500  versus a total put value of  34,125,000 Combined total value = 55,546,237,500

Strike  183  has a total call value of 58,465,875,000  versus a total put value of  33,150,000 Combined total value = 58,499,025,000

Strike  184  has a total call value of 64,411,425,000  versus a total put value of  31,200,000 Combined total value = 64,442,625,000

Strike  185  has a total call value of 70,393,050,000  versus a total put value of  29,250,000 Combined total value = 70,422,300,000

Strike  186  has a total call value of 76,839,750,000  versus a total put value of  27,300,000 Combined total value = 76,867,050,000

Strike  187  has a total call value of 83,332,275,000  versus a total put value of  25,350,000 Combined total value = 83,357,625,000

Strike  187.5  has a total call value of 86,610,712,500  versus a total put value of  24,375,000 Combined total value = 86,635,087,500

Strike  188  has a total call value of 89,898,900,000  versus a total put value of  23,400,000 Combined total value = 89,922,300,000

Strike  189  has a total call value of 96,499,650,000  versus a total put value of  21,450,000 Combined total value = 96,521,100,000

Strike  190  has a total call value of 103,146,225,000  versus a total put value of  19,500,000 Combined total value = 103,165,725,000

Strike  191  has a total call value of 110,690,775,000  versus a total put value of  17,550,000 Combined total value = 110,708,325,000

Strike  192  has a total call value of 118,235,325,000  versus a total put value of  15,600,000 Combined total value = 118,250,925,000

Strike  192.5  has a total call value of 122,031,487,500  versus a total put value of  14,625,000 Combined total value = 122,046,112,500

Strike  193  has a total call value of 125,827,650,000  versus a total put value of  13,650,000 Combined total value = 125,841,300,000

Strike  194  has a total call value of 133,419,975,000  versus a total put value of  11,700,000 Combined total value = 133,431,675,000

Strike  195  has a total call value of 141,063,975,000  versus a total put value of  9,750,000 Combined total value = 141,073,725,000

Strike  196  has a total call value of 148,935,150,000  versus a total put value of  7,800,000 Combined total value = 148,942,950,000

Strike  197  has a total call value of 156,862,875,000  versus a total put value of  5,850,000 Combined total value = 156,868,725,000

Strike  197.5  has a total call value of 160,826,737,500  versus a total put value of  4,875,000 Combined total value = 160,831,612,500

Strike  198  has a total call value of 164,790,600,000  versus a total put value of  3,900,000 Combined total value = 164,794,500,000

Strike  199  has a total call value of 172,881,150,000  versus a total put value of  1,950,000 Combined total value = 172,883,100,000

Strike  200  has a total call value of 180,971,700,000  versus a total put value of  0 Combined total value = 180,971,700,000

Strike  201  has a total call value of 189,540,000,000  versus a total put value of  0 Combined total value = 189,540,000,000

Strike  202.5  has a total call value of 202,392,450,000  versus a total put value of  0 Combined total value = 202,392,450,000

Strike  204  has a total call value of 215,244,900,000  versus a total put value of  0 Combined total value = 215,244,900,000

Strike  205  has a total call value of 223,813,200,000  versus a total put value of  0 Combined total value = 223,813,200,000

Strike  207.5  has a total call value of 245,233,950,000  versus a total put value of  0 Combined total value = 245,233,950,000

Strike  210  has a total call value of 266,654,700,000  versus a total put value of  0 Combined total value = 266,654,700,000

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.