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JKCEMENT
JK CEMENT LIMITED

4076.15 21.85 (0.54%)


Strike  3700  has a total call value of 0  versus a total put value of  2,011,250,000 Combined total value = 2,011,250,000

Strike  3750  has a total call value of 0  versus a total put value of  1,786,250,000 Combined total value = 1,786,250,000

Strike  3800  has a total call value of 0  versus a total put value of  1,561,250,000 Combined total value = 1,561,250,000

Strike  3850  has a total call value of 5,000,000  versus a total put value of  1,368,750,000 Combined total value = 1,373,750,000

Strike  3900  has a total call value of 10,000,000  versus a total put value of  1,176,250,000 Combined total value = 1,186,250,000

Strike  3950  has a total call value of 18,750,000  versus a total put value of  1,013,750,000 Combined total value = 1,032,500,000

Strike  4000  has a total call value of 27,500,000  versus a total put value of  851,250,000 Combined total value = 878,750,000

Strike  4050  has a total call value of 42,500,000  versus a total put value of  725,000,000 Combined total value = 767,500,000

Strike  4100  has a total call value of 61,250,000  versus a total put value of  598,750,000 Combined total value = 660,000,000

Strike  4150  has a total call value of 115,000,000  versus a total put value of  496,250,000 Combined total value = 611,250,000

Strike  4200  has a total call value of 177,500,000  versus a total put value of  393,750,000 Combined total value = 571,250,000

Strike  4250  has a total call value of 261,250,000  versus a total put value of  307,500,000 Combined total value = 568,750,000

Strike  4300  has a total call value of 357,500,000  versus a total put value of  223,750,000 Combined total value = 581,250,000

Strike  4350  has a total call value of 510,000,000  versus a total put value of  160,000,000 Combined total value = 670,000,000

Strike  4400  has a total call value of 662,500,000  versus a total put value of  96,250,000 Combined total value = 758,750,000

Strike  4450  has a total call value of 831,250,000  versus a total put value of  47,500,000 Combined total value = 878,750,000

Strike  4500  has a total call value of 1,006,250,000  versus a total put value of  5,000,000 Combined total value = 1,011,250,000

Strike  4550  has a total call value of 1,320,000,000  versus a total put value of  2,500,000 Combined total value = 1,322,500,000

Strike  4600  has a total call value of 1,633,750,000  versus a total put value of  0 Combined total value = 1,633,750,000

Strike  4650  has a total call value of 1,966,250,000  versus a total put value of  0 Combined total value = 1,966,250,000

Strike  4700  has a total call value of 2,298,750,000  versus a total put value of  0 Combined total value = 2,298,750,000

Strike  4750  has a total call value of 2,631,250,000  versus a total put value of  0 Combined total value = 2,631,250,000

Strike  4800  has a total call value of 2,968,750,000  versus a total put value of  0 Combined total value = 2,968,750,000

Strike  4850  has a total call value of 3,317,500,000  versus a total put value of  0 Combined total value = 3,317,500,000

Strike  4900  has a total call value of 3,666,250,000  versus a total put value of  0 Combined total value = 3,666,250,000

Strike  4950  has a total call value of 4,021,250,000  versus a total put value of  0 Combined total value = 4,021,250,000

Strike  5000  has a total call value of 4,376,250,000  versus a total put value of  0 Combined total value = 4,376,250,000

Strike  5050  has a total call value of 4,886,250,000  versus a total put value of  0 Combined total value = 4,886,250,000

Strike  5100  has a total call value of 5,396,250,000  versus a total put value of  0 Combined total value = 5,396,250,000

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.