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KOTAKBANK
KOTAK MAHINDRA BANK LTD

1709.05 9.50 (0.56%)

Max pain for KOTAKBANK

23 May 2024 04:06 PM IST

Max Pain for KOTAKBANK is 1660  



Strike  1360  has a total call value of 0  versus a total put value of  337,394,400,000 Combined total value = 337,394,400,000

Strike  1370  has a total call value of 0  versus a total put value of  324,607,200,000 Combined total value = 324,607,200,000

Strike  1380  has a total call value of 0  versus a total put value of  311,820,000,000 Combined total value = 311,820,000,000

Strike  1390  has a total call value of 400,000  versus a total put value of  299,072,000,000 Combined total value = 299,072,400,000

Strike  1400  has a total call value of 800,000  versus a total put value of  286,394,800,000 Combined total value = 286,395,600,000

Strike  1410  has a total call value of 2,400,000  versus a total put value of  274,106,000,000 Combined total value = 274,108,400,000

Strike  1420  has a total call value of 4,000,000  versus a total put value of  261,892,000,000 Combined total value = 261,896,000,000

Strike  1430  has a total call value of 5,600,000  versus a total put value of  249,787,600,000 Combined total value = 249,793,200,000

Strike  1440  has a total call value of 7,200,000  versus a total put value of  237,722,400,000 Combined total value = 237,729,600,000

Strike  1450  has a total call value of 8,800,000  versus a total put value of  225,698,400,000 Combined total value = 225,707,200,000

Strike  1460  has a total call value of 10,400,000  versus a total put value of  213,916,800,000 Combined total value = 213,927,200,000

Strike  1470  has a total call value of 12,000,000  versus a total put value of  202,171,600,000 Combined total value = 202,183,600,000

Strike  1480  has a total call value of 13,600,000  versus a total put value of  190,461,600,000 Combined total value = 190,475,200,000

Strike  1490  has a total call value of 15,200,000  versus a total put value of  178,826,400,000 Combined total value = 178,841,600,000

Strike  1500  has a total call value of 19,600,000  versus a total put value of  167,245,200,000 Combined total value = 167,264,800,000

Strike  1510  has a total call value of 78,800,000  versus a total put value of  156,614,400,000 Combined total value = 156,693,200,000

Strike  1520  has a total call value of 138,000,000  versus a total put value of  146,077,200,000 Combined total value = 146,215,200,000

Strike  1530  has a total call value of 197,200,000  versus a total put value of  135,691,600,000 Combined total value = 135,888,800,000

Strike  1540  has a total call value of 256,400,000  versus a total put value of  125,370,800,000 Combined total value = 125,627,200,000

Strike  1550  has a total call value of 346,000,000  versus a total put value of  115,294,400,000 Combined total value = 115,640,400,000

Strike  1560  has a total call value of 580,800,000  versus a total put value of  105,850,400,000 Combined total value = 106,431,200,000

Strike  1570  has a total call value of 1,072,800,000  versus a total put value of  96,738,800,000 Combined total value = 97,811,600,000

Strike  1580  has a total call value of 1,690,400,000  versus a total put value of  87,766,800,000 Combined total value = 89,457,200,000

Strike  1590  has a total call value of 2,393,600,000  versus a total put value of  79,040,400,000 Combined total value = 81,434,000,000

Strike  1600  has a total call value of 3,182,400,000  versus a total put value of  70,446,800,000 Combined total value = 73,629,200,000

Strike  1610  has a total call value of 4,570,400,000  versus a total put value of  63,381,600,000 Combined total value = 67,952,000,000

Strike  1620  has a total call value of 6,073,200,000  versus a total put value of  56,504,800,000 Combined total value = 62,578,000,000

Strike  1630  has a total call value of 8,266,800,000  versus a total put value of  50,264,000,000 Combined total value = 58,530,800,000

Strike  1640  has a total call value of 10,628,400,000  versus a total put value of  44,223,200,000 Combined total value = 54,851,600,000

Strike  1650  has a total call value of 13,410,800,000  versus a total put value of  38,785,600,000 Combined total value = 52,196,400,000

Strike  1660  has a total call value of 17,182,400,000  versus a total put value of  34,039,600,000 Combined total value = 51,222,000,000

Strike  1670  has a total call value of 22,101,200,000  versus a total put value of  29,743,200,000 Combined total value = 51,844,400,000

Strike  1680  has a total call value of 27,340,400,000  versus a total put value of  26,079,600,000 Combined total value = 53,420,000,000

Strike  1690  has a total call value of 33,789,200,000  versus a total put value of  22,914,800,000 Combined total value = 56,704,000,000

Strike  1700  has a total call value of 40,456,000,000  versus a total put value of  20,002,400,000 Combined total value = 60,458,400,000

Strike  1710  has a total call value of 50,252,800,000  versus a total put value of  17,912,800,000 Combined total value = 68,165,600,000

Strike  1720  has a total call value of 60,424,000,000  versus a total put value of  15,991,200,000 Combined total value = 76,415,200,000

Strike  1730  has a total call value of 71,333,200,000  versus a total put value of  14,178,000,000 Combined total value = 85,511,200,000

Strike  1740  has a total call value of 82,596,800,000  versus a total put value of  12,399,200,000 Combined total value = 94,996,000,000

Strike  1750  has a total call value of 94,334,400,000  versus a total put value of  10,704,800,000 Combined total value = 105,039,200,000

Strike  1760  has a total call value of 107,780,800,000  versus a total put value of  9,437,200,000 Combined total value = 117,218,000,000

Strike  1770  has a total call value of 121,522,000,000  versus a total put value of  8,222,000,000 Combined total value = 129,744,000,000

Strike  1780  has a total call value of 135,383,600,000  versus a total put value of  7,018,400,000 Combined total value = 142,402,000,000

Strike  1790  has a total call value of 149,509,600,000  versus a total put value of  5,883,200,000 Combined total value = 155,392,800,000

Strike  1800  has a total call value of 163,767,200,000  versus a total put value of  4,748,000,000 Combined total value = 168,515,200,000

Strike  1810  has a total call value of 181,657,600,000  versus a total put value of  4,087,200,000 Combined total value = 185,744,800,000

Strike  1820  has a total call value of 199,648,400,000  versus a total put value of  3,451,200,000 Combined total value = 203,099,600,000

Strike  1830  has a total call value of 217,856,800,000  versus a total put value of  2,881,200,000 Combined total value = 220,738,000,000

Strike  1840  has a total call value of 236,364,800,000  versus a total put value of  2,346,800,000 Combined total value = 238,711,600,000

Strike  1850  has a total call value of 255,515,600,000  versus a total put value of  1,934,000,000 Combined total value = 257,449,600,000

Strike  1860  has a total call value of 275,176,000,000  versus a total put value of  1,656,800,000 Combined total value = 276,832,800,000

Strike  1870  has a total call value of 295,060,800,000  versus a total put value of  1,379,600,000 Combined total value = 296,440,400,000

Strike  1880  has a total call value of 315,060,400,000  versus a total put value of  1,102,400,000 Combined total value = 316,162,800,000

Strike  1890  has a total call value of 335,168,800,000  versus a total put value of  825,200,000 Combined total value = 335,994,000,000

Strike  1900  has a total call value of 355,333,200,000  versus a total put value of  548,000,000 Combined total value = 355,881,200,000

Strike  1910  has a total call value of 376,214,400,000  versus a total put value of  493,200,000 Combined total value = 376,707,600,000

Strike  1920  has a total call value of 397,118,000,000  versus a total put value of  438,400,000 Combined total value = 397,556,400,000

Strike  1930  has a total call value of 418,102,000,000  versus a total put value of  383,600,000 Combined total value = 418,485,600,000

Strike  1940  has a total call value of 439,121,200,000  versus a total put value of  328,800,000 Combined total value = 439,450,000,000

Strike  1950  has a total call value of 460,219,600,000  versus a total put value of  274,000,000 Combined total value = 460,493,600,000

Strike  1960  has a total call value of 481,410,000,000  versus a total put value of  219,200,000 Combined total value = 481,629,200,000

Strike  1970  has a total call value of 502,668,400,000  versus a total put value of  164,400,000 Combined total value = 502,832,800,000

Strike  1980  has a total call value of 523,926,800,000  versus a total put value of  109,600,000 Combined total value = 524,036,400,000

Strike  1990  has a total call value of 545,185,200,000  versus a total put value of  54,800,000 Combined total value = 545,240,000,000

Strike  2000  has a total call value of 566,443,600,000  versus a total put value of  0 Combined total value = 566,443,600,000

Strike  2010  has a total call value of 588,126,800,000  versus a total put value of  0 Combined total value = 588,126,800,000

Strike  2020  has a total call value of 609,810,000,000  versus a total put value of  0 Combined total value = 609,810,000,000

Strike  2030  has a total call value of 631,500,800,000  versus a total put value of  0 Combined total value = 631,500,800,000

Strike  2040  has a total call value of 653,191,600,000  versus a total put value of  0 Combined total value = 653,191,600,000

Strike  2050  has a total call value of 674,882,400,000  versus a total put value of  0 Combined total value = 674,882,400,000

Strike  2060  has a total call value of 696,573,200,000  versus a total put value of  0 Combined total value = 696,573,200,000

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.