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JSWSTEEL
JSW STEEL LIMITED

830.2 12.15 (1.49%)


Strike  660  has a total call value of 0  versus a total put value of  21,977,325,000 Combined total value = 21,977,325,000

Strike  670  has a total call value of 29,025,000  versus a total put value of  20,365,425,000 Combined total value = 20,394,450,000

Strike  680  has a total call value of 58,050,000  versus a total put value of  18,753,525,000 Combined total value = 18,811,575,000

Strike  690  has a total call value of 87,075,000  versus a total put value of  17,142,975,000 Combined total value = 17,230,050,000

Strike  700  has a total call value of 116,100,000  versus a total put value of  15,532,425,000 Combined total value = 15,648,525,000

Strike  710  has a total call value of 145,125,000  versus a total put value of  13,952,250,000 Combined total value = 14,097,375,000

Strike  720  has a total call value of 174,150,000  versus a total put value of  12,372,075,000 Combined total value = 12,546,225,000

Strike  730  has a total call value of 203,175,000  versus a total put value of  10,813,500,000 Combined total value = 11,016,675,000

Strike  740  has a total call value of 232,200,000  versus a total put value of  9,261,675,000 Combined total value = 9,493,875,000

Strike  750  has a total call value of 261,225,000  versus a total put value of  7,733,475,000 Combined total value = 7,994,700,000

Strike  760  has a total call value of 307,125,000  versus a total put value of  6,432,075,000 Combined total value = 6,739,200,000

Strike  770  has a total call value of 353,025,000  versus a total put value of  5,193,450,000 Combined total value = 5,546,475,000

Strike  780  has a total call value of 398,925,000  versus a total put value of  4,090,500,000 Combined total value = 4,489,425,000

Strike  790  has a total call value of 444,825,000  versus a total put value of  3,129,975,000 Combined total value = 3,574,800,000

Strike  800  has a total call value of 496,125,000  versus a total put value of  2,251,800,000 Combined total value = 2,747,925,000

Strike  810  has a total call value of 677,025,000  versus a total put value of  1,752,300,000 Combined total value = 2,429,325,000

Strike  820  has a total call value of 915,975,000  versus a total put value of  1,300,725,000 Combined total value = 2,216,700,000

Strike  830  has a total call value of 1,267,650,000  versus a total put value of  969,300,000 Combined total value = 2,236,950,000

Strike  840  has a total call value of 1,908,225,000  versus a total put value of  727,650,000 Combined total value = 2,635,875,000

Strike  850  has a total call value of 2,788,425,000  versus a total put value of  556,875,000 Combined total value = 3,345,300,000

Strike  860  has a total call value of 4,010,175,000  versus a total put value of  481,950,000 Combined total value = 4,492,125,000

Strike  870  has a total call value of 5,373,000,000  versus a total put value of  407,025,000 Combined total value = 5,780,025,000

Strike  880  has a total call value of 6,800,625,000  versus a total put value of  334,800,000 Combined total value = 7,135,425,000

Strike  890  has a total call value of 8,303,850,000  versus a total put value of  267,300,000 Combined total value = 8,571,150,000

Strike  900  has a total call value of 9,840,150,000  versus a total put value of  199,800,000 Combined total value = 10,039,950,000

Strike  910  has a total call value of 11,628,225,000  versus a total put value of  149,850,000 Combined total value = 11,778,075,000

Strike  920  has a total call value of 13,446,675,000  versus a total put value of  99,900,000 Combined total value = 13,546,575,000

Strike  930  has a total call value of 15,327,225,000  versus a total put value of  49,950,000 Combined total value = 15,377,175,000

Strike  940  has a total call value of 17,207,775,000  versus a total put value of  0 Combined total value = 17,207,775,000

Strike  950  has a total call value of 19,174,050,000  versus a total put value of  0 Combined total value = 19,174,050,000

Strike  960  has a total call value of 21,140,325,000  versus a total put value of  0 Combined total value = 21,140,325,000

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.