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JKCEMENT
JK CEMENT LIMITED

4446.7 -56.30 (-1.25%)


Strike  3600  has a total call value of 0  versus a total put value of  4,236,250,000 Combined total value = 4,236,250,000

Strike  3650  has a total call value of 11,250,000  versus a total put value of  3,863,750,000 Combined total value = 3,875,000,000

Strike  3700  has a total call value of 22,500,000  versus a total put value of  3,491,250,000 Combined total value = 3,513,750,000

Strike  3750  has a total call value of 33,750,000  versus a total put value of  3,118,750,000 Combined total value = 3,152,500,000

Strike  3800  has a total call value of 45,000,000  versus a total put value of  2,747,500,000 Combined total value = 2,792,500,000

Strike  3850  has a total call value of 56,250,000  versus a total put value of  2,376,250,000 Combined total value = 2,432,500,000

Strike  3900  has a total call value of 67,500,000  versus a total put value of  2,005,000,000 Combined total value = 2,072,500,000

Strike  3950  has a total call value of 78,750,000  versus a total put value of  1,696,250,000 Combined total value = 1,775,000,000

Strike  4000  has a total call value of 90,000,000  versus a total put value of  1,387,500,000 Combined total value = 1,477,500,000

Strike  4050  has a total call value of 118,750,000  versus a total put value of  1,158,750,000 Combined total value = 1,277,500,000

Strike  4100  has a total call value of 147,500,000  versus a total put value of  930,000,000 Combined total value = 1,077,500,000

Strike  4150  has a total call value of 193,750,000  versus a total put value of  748,750,000 Combined total value = 942,500,000

Strike  4200  has a total call value of 240,000,000  versus a total put value of  567,500,000 Combined total value = 807,500,000

Strike  4250  has a total call value of 308,750,000  versus a total put value of  435,000,000 Combined total value = 743,750,000

Strike  4300  has a total call value of 377,500,000  versus a total put value of  302,500,000 Combined total value = 680,000,000

Strike  4350  has a total call value of 486,250,000  versus a total put value of  200,000,000 Combined total value = 686,250,000

Strike  4400  has a total call value of 595,000,000  versus a total put value of  112,500,000 Combined total value = 707,500,000

Strike  4450  has a total call value of 743,750,000  versus a total put value of  52,500,000 Combined total value = 796,250,000

Strike  4500  has a total call value of 900,000,000  versus a total put value of  0 Combined total value = 900,000,000

Strike  4550  has a total call value of 1,163,750,000  versus a total put value of  0 Combined total value = 1,163,750,000

Strike  4600  has a total call value of 1,487,500,000  versus a total put value of  0 Combined total value = 1,487,500,000

Strike  4650  has a total call value of 1,922,500,000  versus a total put value of  0 Combined total value = 1,922,500,000

Strike  4700  has a total call value of 2,365,000,000  versus a total put value of  0 Combined total value = 2,365,000,000

Strike  4750  has a total call value of 2,832,500,000  versus a total put value of  0 Combined total value = 2,832,500,000

Strike  4800  has a total call value of 3,307,500,000  versus a total put value of  0 Combined total value = 3,307,500,000

Strike  4850  has a total call value of 3,802,500,000  versus a total put value of  0 Combined total value = 3,802,500,000

Strike  4900  has a total call value of 4,297,500,000  versus a total put value of  0 Combined total value = 4,297,500,000

Strike  4950  has a total call value of 4,856,250,000  versus a total put value of  0 Combined total value = 4,856,250,000

Strike  5000  has a total call value of 5,415,000,000  versus a total put value of  0 Combined total value = 5,415,000,000

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.