IRCTC
INDIAN RAIL TOUR CORP LTD
Max pain for IRCTC
19 Apr 2024 04:17 PM IST
Max Pain for IRCTC is 1000
Strike 750 has a total call value of 0 versus a total put value of 110,888,750,000 Combined total value = 110,888,750,000
Strike 760 has a total call value of 0 versus a total put value of 105,533,750,000 Combined total value = 105,533,750,000
Strike 770 has a total call value of 0 versus a total put value of 100,178,750,000 Combined total value = 100,178,750,000
Strike 780 has a total call value of 0 versus a total put value of 94,823,750,000 Combined total value = 94,823,750,000
Strike 790 has a total call value of 0 versus a total put value of 89,481,875,000 Combined total value = 89,481,875,000
Strike 800 has a total call value of 0 versus a total put value of 84,140,000,000 Combined total value = 84,140,000,000
Strike 810 has a total call value of 0 versus a total put value of 78,932,000,000 Combined total value = 78,932,000,000
Strike 820 has a total call value of 0 versus a total put value of 73,724,000,000 Combined total value = 73,724,000,000
Strike 830 has a total call value of 0 versus a total put value of 68,551,875,000 Combined total value = 68,551,875,000
Strike 840 has a total call value of 0 versus a total put value of 63,379,750,000 Combined total value = 63,379,750,000
Strike 850 has a total call value of 0 versus a total put value of 58,275,875,000 Combined total value = 58,275,875,000
Strike 860 has a total call value of 12,250,000 versus a total put value of 53,404,750,000 Combined total value = 53,417,000,000
Strike 870 has a total call value of 24,500,000 versus a total put value of 48,595,750,000 Combined total value = 48,620,250,000
Strike 880 has a total call value of 36,750,000 versus a total put value of 43,890,000,000 Combined total value = 43,926,750,000
Strike 890 has a total call value of 49,000,000 versus a total put value of 39,305,875,000 Combined total value = 39,354,875,000
Strike 900 has a total call value of 61,250,000 versus a total put value of 34,752,375,000 Combined total value = 34,813,625,000
Strike 910 has a total call value of 130,375,000 versus a total put value of 30,719,500,000 Combined total value = 30,849,875,000
Strike 920 has a total call value of 199,500,000 versus a total put value of 26,755,750,000 Combined total value = 26,955,250,000
Strike 930 has a total call value of 268,625,000 versus a total put value of 22,929,375,000 Combined total value = 23,198,000,000
Strike 940 has a total call value of 392,000,000 versus a total put value of 19,278,875,000 Combined total value = 19,670,875,000
Strike 950 has a total call value of 639,625,000 versus a total put value of 16,031,750,000 Combined total value = 16,671,375,000
Strike 960 has a total call value of 1,037,750,000 versus a total put value of 13,328,875,000 Combined total value = 14,366,625,000
Strike 970 has a total call value of 1,519,000,000 versus a total put value of 10,881,500,000 Combined total value = 12,400,500,000
Strike 980 has a total call value of 2,087,750,000 versus a total put value of 8,639,750,000 Combined total value = 10,727,500,000
Strike 990 has a total call value of 2,835,875,000 versus a total put value of 6,662,250,000 Combined total value = 9,498,125,000
Strike 1000 has a total call value of 3,674,125,000 versus a total put value of 4,777,500,000 Combined total value = 8,451,625,000
Strike 1010 has a total call value of 5,417,125,000 versus a total put value of 3,400,250,000 Combined total value = 8,817,375,000
Strike 1020 has a total call value of 7,492,625,000 versus a total put value of 2,256,625,000 Combined total value = 9,749,250,000
Strike 1030 has a total call value of 10,601,500,000 versus a total put value of 1,533,875,000 Combined total value = 12,135,375,000
Strike 1040 has a total call value of 14,348,250,000 versus a total put value of 959,875,000 Combined total value = 15,308,125,000
Strike 1050 has a total call value of 18,848,375,000 versus a total put value of 521,500,000 Combined total value = 19,369,875,000
Strike 1060 has a total call value of 24,841,250,000 versus a total put value of 239,750,000 Combined total value = 25,081,000,000
Strike 1070 has a total call value of 31,582,250,000 versus a total put value of 170,625,000 Combined total value = 31,752,875,000
Strike 1080 has a total call value of 39,359,250,000 versus a total put value of 101,500,000 Combined total value = 39,460,750,000
Strike 1090 has a total call value of 48,009,500,000 versus a total put value of 51,625,000 Combined total value = 48,061,125,000
Strike 1100 has a total call value of 56,818,125,000 versus a total put value of 5,250,000 Combined total value = 56,823,375,000
Strike 1110 has a total call value of 67,361,875,000 versus a total put value of 2,625,000 Combined total value = 67,364,500,000
Strike 1120 has a total call value of 77,990,500,000 versus a total put value of 0 Combined total value = 77,990,500,000
Strike 1130 has a total call value of 89,061,875,000 versus a total put value of 0 Combined total value = 89,061,875,000
Strike 1140 has a total call value of 100,188,375,000 versus a total put value of 0 Combined total value = 100,188,375,000
Strike 1150 has a total call value of 111,707,750,000 versus a total put value of 0 Combined total value = 111,707,750,000
Strike 1160 has a total call value of 123,333,875,000 versus a total put value of 0 Combined total value = 123,333,875,000
Strike 1170 has a total call value of 135,492,875,000 versus a total put value of 0 Combined total value = 135,492,875,000
Strike 1180 has a total call value of 147,651,875,000 versus a total put value of 0 Combined total value = 147,651,875,000
Strike 1190 has a total call value of 159,880,000,000 versus a total put value of 0 Combined total value = 159,880,000,000
Strike 1200 has a total call value of 172,108,125,000 versus a total put value of 0 Combined total value = 172,108,125,000
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.