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KOTAKBANK
KOTAK MAHINDRA BANK LTD

1753.45 11.20 (0.64%)


Strike  1500  has a total call value of 0  versus a total put value of  54,212,400,000 Combined total value = 54,212,400,000

Strike  1510  has a total call value of 400,000  versus a total put value of  51,666,800,000 Combined total value = 51,667,200,000

Strike  1520  has a total call value of 800,000  versus a total put value of  49,121,200,000 Combined total value = 49,122,000,000

Strike  1530  has a total call value of 1,200,000  versus a total put value of  46,575,600,000 Combined total value = 46,576,800,000

Strike  1540  has a total call value of 1,600,000  versus a total put value of  44,030,000,000 Combined total value = 44,031,600,000

Strike  1550  has a total call value of 2,000,000  versus a total put value of  41,497,200,000 Combined total value = 41,499,200,000

Strike  1560  has a total call value of 2,400,000  versus a total put value of  39,053,600,000 Combined total value = 39,056,000,000

Strike  1570  has a total call value of 2,800,000  versus a total put value of  36,644,000,000 Combined total value = 36,646,800,000

Strike  1580  has a total call value of 3,200,000  versus a total put value of  34,253,200,000 Combined total value = 34,256,400,000

Strike  1590  has a total call value of 3,600,000  versus a total put value of  31,912,400,000 Combined total value = 31,916,000,000

Strike  1600  has a total call value of 4,000,000  versus a total put value of  29,588,400,000 Combined total value = 29,592,400,000

Strike  1610  has a total call value of 72,400,000  versus a total put value of  27,467,600,000 Combined total value = 27,540,000,000

Strike  1620  has a total call value of 142,400,000  versus a total put value of  25,353,200,000 Combined total value = 25,495,600,000

Strike  1630  has a total call value of 212,400,000  versus a total put value of  23,256,400,000 Combined total value = 23,468,800,000

Strike  1640  has a total call value of 282,400,000  versus a total put value of  21,199,600,000 Combined total value = 21,482,000,000

Strike  1650  has a total call value of 352,400,000  versus a total put value of  19,188,800,000 Combined total value = 19,541,200,000

Strike  1660  has a total call value of 436,800,000  versus a total put value of  17,272,400,000 Combined total value = 17,709,200,000

Strike  1670  has a total call value of 530,400,000  versus a total put value of  15,433,600,000 Combined total value = 15,964,000,000

Strike  1680  has a total call value of 624,000,000  versus a total put value of  13,614,800,000 Combined total value = 14,238,800,000

Strike  1690  has a total call value of 745,600,000  versus a total put value of  11,867,600,000 Combined total value = 12,613,200,000

Strike  1700  has a total call value of 885,600,000  versus a total put value of  10,170,400,000 Combined total value = 11,056,000,000

Strike  1710  has a total call value of 1,097,600,000  versus a total put value of  8,817,600,000 Combined total value = 9,915,200,000

Strike  1720  has a total call value of 1,338,800,000  versus a total put value of  7,542,000,000 Combined total value = 8,880,800,000

Strike  1730  has a total call value of 1,631,200,000  versus a total put value of  6,445,200,000 Combined total value = 8,076,400,000

Strike  1740  has a total call value of 1,964,800,000  versus a total put value of  5,424,000,000 Combined total value = 7,388,800,000

Strike  1750  has a total call value of 2,430,400,000  versus a total put value of  4,565,600,000 Combined total value = 6,996,000,000

Strike  1760  has a total call value of 3,140,400,000  versus a total put value of  3,860,400,000 Combined total value = 7,000,800,000

Strike  1770  has a total call value of 4,376,400,000  versus a total put value of  3,310,400,000 Combined total value = 7,686,800,000

Strike  1780  has a total call value of 5,831,600,000  versus a total put value of  2,800,400,000 Combined total value = 8,632,000,000

Strike  1790  has a total call value of 7,791,200,000  versus a total put value of  2,342,800,000 Combined total value = 10,134,000,000

Strike  1800  has a total call value of 10,086,800,000  versus a total put value of  1,944,000,000 Combined total value = 12,030,800,000

Strike  1810  has a total call value of 13,256,800,000  versus a total put value of  1,693,200,000 Combined total value = 14,950,000,000

Strike  1820  has a total call value of 16,514,400,000  versus a total put value of  1,442,400,000 Combined total value = 17,956,800,000

Strike  1830  has a total call value of 19,934,000,000  versus a total put value of  1,243,200,000 Combined total value = 21,177,200,000

Strike  1840  has a total call value of 23,420,400,000  versus a total put value of  1,044,000,000 Combined total value = 24,464,400,000

Strike  1850  has a total call value of 27,030,400,000  versus a total put value of  926,800,000 Combined total value = 27,957,200,000

Strike  1860  has a total call value of 30,776,400,000  versus a total put value of  809,600,000 Combined total value = 31,586,000,000

Strike  1870  has a total call value of 34,819,600,000  versus a total put value of  710,800,000 Combined total value = 35,530,400,000

Strike  1880  has a total call value of 38,880,800,000  versus a total put value of  612,000,000 Combined total value = 39,492,800,000

Strike  1890  has a total call value of 43,013,600,000  versus a total put value of  513,200,000 Combined total value = 43,526,800,000

Strike  1900  has a total call value of 47,146,400,000  versus a total put value of  414,400,000 Combined total value = 47,560,800,000

Strike  1910  has a total call value of 51,608,400,000  versus a total put value of  363,600,000 Combined total value = 51,972,000,000

Strike  1920  has a total call value of 56,070,400,000  versus a total put value of  312,800,000 Combined total value = 56,383,200,000

Strike  1930  has a total call value of 60,585,600,000  versus a total put value of  265,600,000 Combined total value = 60,851,200,000

Strike  1940  has a total call value of 65,100,800,000  versus a total put value of  218,400,000 Combined total value = 65,319,200,000

Strike  1950  has a total call value of 69,624,400,000  versus a total put value of  173,600,000 Combined total value = 69,798,000,000

Strike  1960  has a total call value of 74,148,000,000  versus a total put value of  128,800,000 Combined total value = 74,276,800,000

Strike  1970  has a total call value of 78,695,600,000  versus a total put value of  96,400,000 Combined total value = 78,792,000,000

Strike  1980  has a total call value of 83,243,200,000  versus a total put value of  64,000,000 Combined total value = 83,307,200,000

Strike  1990  has a total call value of 87,802,400,000  versus a total put value of  32,000,000 Combined total value = 87,834,400,000

Strike  2000  has a total call value of 92,361,600,000  versus a total put value of  0 Combined total value = 92,361,600,000

Strike  2010  has a total call value of 96,993,600,000  versus a total put value of  0 Combined total value = 96,993,600,000

Strike  2020  has a total call value of 101,625,600,000  versus a total put value of  0 Combined total value = 101,625,600,000

Strike  2030  has a total call value of 106,257,600,000  versus a total put value of  0 Combined total value = 106,257,600,000

Strike  2040  has a total call value of 110,889,600,000  versus a total put value of  0 Combined total value = 110,889,600,000

Strike  2050  has a total call value of 115,521,600,000  versus a total put value of  0 Combined total value = 115,521,600,000

Strike  2060  has a total call value of 120,153,600,000  versus a total put value of  0 Combined total value = 120,153,600,000

Strike  2070  has a total call value of 124,785,600,000  versus a total put value of  0 Combined total value = 124,785,600,000

Strike  2080  has a total call value of 129,417,600,000  versus a total put value of  0 Combined total value = 129,417,600,000

Strike  2090  has a total call value of 134,049,600,000  versus a total put value of  0 Combined total value = 134,049,600,000

Strike  2100  has a total call value of 138,681,600,000  versus a total put value of  0 Combined total value = 138,681,600,000

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.