KOTAKBANK
KOTAK MAHINDRA BANK LTD
Max pain for KOTAKBANK
19 Apr 2024 04:17 PM IST
Max Pain for KOTAKBANK is 1790
Strike 1500 has a total call value of 0 versus a total put value of 140,620,400,000 Combined total value = 140,620,400,000
Strike 1510 has a total call value of 0 versus a total put value of 134,922,800,000 Combined total value = 134,922,800,000
Strike 1520 has a total call value of 0 versus a total put value of 129,225,200,000 Combined total value = 129,225,200,000
Strike 1530 has a total call value of 0 versus a total put value of 123,527,600,000 Combined total value = 123,527,600,000
Strike 1540 has a total call value of 0 versus a total put value of 117,830,000,000 Combined total value = 117,830,000,000
Strike 1550 has a total call value of 0 versus a total put value of 112,132,400,000 Combined total value = 112,132,400,000
Strike 1560 has a total call value of 0 versus a total put value of 106,434,800,000 Combined total value = 106,434,800,000
Strike 1570 has a total call value of 0 versus a total put value of 100,737,200,000 Combined total value = 100,737,200,000
Strike 1580 has a total call value of 0 versus a total put value of 95,039,600,000 Combined total value = 95,039,600,000
Strike 1590 has a total call value of 0 versus a total put value of 89,467,600,000 Combined total value = 89,467,600,000
Strike 1600 has a total call value of 0 versus a total put value of 83,895,600,000 Combined total value = 83,895,600,000
Strike 1610 has a total call value of 7,200,000 versus a total put value of 78,520,000,000 Combined total value = 78,527,200,000
Strike 1620 has a total call value of 14,400,000 versus a total put value of 73,163,600,000 Combined total value = 73,178,000,000
Strike 1630 has a total call value of 21,600,000 versus a total put value of 67,897,600,000 Combined total value = 67,919,200,000
Strike 1640 has a total call value of 28,800,000 versus a total put value of 62,685,600,000 Combined total value = 62,714,400,000
Strike 1650 has a total call value of 36,000,000 versus a total put value of 57,512,800,000 Combined total value = 57,548,800,000
Strike 1660 has a total call value of 90,400,000 versus a total put value of 52,540,000,000 Combined total value = 52,630,400,000
Strike 1670 has a total call value of 144,800,000 versus a total put value of 47,646,000,000 Combined total value = 47,790,800,000
Strike 1680 has a total call value of 199,200,000 versus a total put value of 42,774,000,000 Combined total value = 42,973,200,000
Strike 1690 has a total call value of 253,600,000 versus a total put value of 38,070,000,000 Combined total value = 38,323,600,000
Strike 1700 has a total call value of 308,000,000 versus a total put value of 33,411,200,000 Combined total value = 33,719,200,000
Strike 1710 has a total call value of 500,000,000 versus a total put value of 29,345,600,000 Combined total value = 29,845,600,000
Strike 1720 has a total call value of 692,000,000 versus a total put value of 25,378,000,000 Combined total value = 26,070,000,000
Strike 1730 has a total call value of 910,400,000 versus a total put value of 21,618,000,000 Combined total value = 22,528,400,000
Strike 1740 has a total call value of 1,171,600,000 versus a total put value of 18,028,000,000 Combined total value = 19,199,600,000
Strike 1750 has a total call value of 1,628,400,000 versus a total put value of 14,996,000,000 Combined total value = 16,624,400,000
Strike 1760 has a total call value of 2,509,200,000 versus a total put value of 12,477,200,000 Combined total value = 14,986,400,000
Strike 1770 has a total call value of 3,632,800,000 versus a total put value of 10,226,400,000 Combined total value = 13,859,200,000
Strike 1780 has a total call value of 4,904,000,000 versus a total put value of 8,123,600,000 Combined total value = 13,027,600,000
Strike 1790 has a total call value of 6,492,000,000 versus a total put value of 6,413,600,000 Combined total value = 12,905,600,000
Strike 1800 has a total call value of 8,225,200,000 versus a total put value of 4,850,000,000 Combined total value = 13,075,200,000
Strike 1810 has a total call value of 11,627,600,000 versus a total put value of 4,060,000,000 Combined total value = 15,687,600,000
Strike 1820 has a total call value of 15,484,400,000 versus a total put value of 3,341,200,000 Combined total value = 18,825,600,000
Strike 1830 has a total call value of 19,998,000,000 versus a total put value of 2,783,200,000 Combined total value = 22,781,200,000
Strike 1840 has a total call value of 25,048,400,000 versus a total put value of 2,340,000,000 Combined total value = 27,388,400,000
Strike 1850 has a total call value of 30,456,800,000 versus a total put value of 1,942,800,000 Combined total value = 32,399,600,000
Strike 1860 has a total call value of 36,901,200,000 versus a total put value of 1,631,200,000 Combined total value = 38,532,400,000
Strike 1870 has a total call value of 43,772,400,000 versus a total put value of 1,394,400,000 Combined total value = 45,166,800,000
Strike 1880 has a total call value of 50,752,800,000 versus a total put value of 1,157,600,000 Combined total value = 51,910,400,000
Strike 1890 has a total call value of 57,868,800,000 versus a total put value of 920,800,000 Combined total value = 58,789,600,000
Strike 1900 has a total call value of 65,044,400,000 versus a total put value of 684,000,000 Combined total value = 65,728,400,000
Strike 1910 has a total call value of 73,191,200,000 versus a total put value of 615,600,000 Combined total value = 73,806,800,000
Strike 1920 has a total call value of 81,380,000,000 versus a total put value of 547,200,000 Combined total value = 81,927,200,000
Strike 1930 has a total call value of 89,752,000,000 versus a total put value of 478,800,000 Combined total value = 90,230,800,000
Strike 1940 has a total call value of 98,138,000,000 versus a total put value of 410,400,000 Combined total value = 98,548,400,000
Strike 1950 has a total call value of 106,613,600,000 versus a total put value of 342,000,000 Combined total value = 106,955,600,000
Strike 1960 has a total call value of 115,170,000,000 versus a total put value of 273,600,000 Combined total value = 115,443,600,000
Strike 1970 has a total call value of 123,860,800,000 versus a total put value of 205,200,000 Combined total value = 124,066,000,000
Strike 1980 has a total call value of 132,551,600,000 versus a total put value of 136,800,000 Combined total value = 132,688,400,000
Strike 1990 has a total call value of 141,388,000,000 versus a total put value of 68,400,000 Combined total value = 141,456,400,000
Strike 2000 has a total call value of 150,224,400,000 versus a total put value of 0 Combined total value = 150,224,400,000
Strike 2010 has a total call value of 159,518,400,000 versus a total put value of 0 Combined total value = 159,518,400,000
Strike 2020 has a total call value of 168,812,400,000 versus a total put value of 0 Combined total value = 168,812,400,000
Strike 2030 has a total call value of 178,106,400,000 versus a total put value of 0 Combined total value = 178,106,400,000
Strike 2040 has a total call value of 187,400,400,000 versus a total put value of 0 Combined total value = 187,400,400,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.