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KOTAKBANK
KOTAK MAHINDRA BANK LTD

1723.7 -4.00 (-0.23%)


Strike  1440  has a total call value of 0  versus a total put value of  122,931,600,000 Combined total value = 122,931,600,000

Strike  1450  has a total call value of 0  versus a total put value of  117,968,400,000 Combined total value = 117,968,400,000

Strike  1460  has a total call value of 0  versus a total put value of  113,005,200,000 Combined total value = 113,005,200,000

Strike  1470  has a total call value of 0  versus a total put value of  108,042,000,000 Combined total value = 108,042,000,000

Strike  1480  has a total call value of 0  versus a total put value of  103,078,800,000 Combined total value = 103,078,800,000

Strike  1490  has a total call value of 0  versus a total put value of  98,115,600,000 Combined total value = 98,115,600,000

Strike  1500  has a total call value of 0  versus a total put value of  93,152,400,000 Combined total value = 93,152,400,000

Strike  1510  has a total call value of 0  versus a total put value of  88,298,000,000 Combined total value = 88,298,000,000

Strike  1520  has a total call value of 0  versus a total put value of  83,443,600,000 Combined total value = 83,443,600,000

Strike  1530  has a total call value of 0  versus a total put value of  78,589,200,000 Combined total value = 78,589,200,000

Strike  1540  has a total call value of 0  versus a total put value of  73,734,800,000 Combined total value = 73,734,800,000

Strike  1550  has a total call value of 0  versus a total put value of  68,880,400,000 Combined total value = 68,880,400,000

Strike  1560  has a total call value of 0  versus a total put value of  64,026,000,000 Combined total value = 64,026,000,000

Strike  1570  has a total call value of 0  versus a total put value of  59,265,600,000 Combined total value = 59,265,600,000

Strike  1580  has a total call value of 0  versus a total put value of  54,570,400,000 Combined total value = 54,570,400,000

Strike  1590  has a total call value of 0  versus a total put value of  49,928,800,000 Combined total value = 49,928,800,000

Strike  1600  has a total call value of 0  versus a total put value of  45,287,200,000 Combined total value = 45,287,200,000

Strike  1610  has a total call value of 0  versus a total put value of  41,220,400,000 Combined total value = 41,220,400,000

Strike  1620  has a total call value of 0  versus a total put value of  37,153,600,000 Combined total value = 37,153,600,000

Strike  1630  has a total call value of 0  versus a total put value of  33,200,800,000 Combined total value = 33,200,800,000

Strike  1640  has a total call value of 0  versus a total put value of  29,285,600,000 Combined total value = 29,285,600,000

Strike  1650  has a total call value of 0  versus a total put value of  25,537,600,000 Combined total value = 25,537,600,000

Strike  1660  has a total call value of 0  versus a total put value of  22,206,000,000 Combined total value = 22,206,000,000

Strike  1670  has a total call value of 0  versus a total put value of  19,087,600,000 Combined total value = 19,087,600,000

Strike  1680  has a total call value of 15,200,000  versus a total put value of  16,073,200,000 Combined total value = 16,088,400,000

Strike  1690  has a total call value of 80,800,000  versus a total put value of  13,247,200,000 Combined total value = 13,328,000,000

Strike  1700  has a total call value of 186,400,000  versus a total put value of  10,492,000,000 Combined total value = 10,678,400,000

Strike  1710  has a total call value of 1,026,000,000  versus a total put value of  8,857,200,000 Combined total value = 9,883,200,000

Strike  1720  has a total call value of 2,002,000,000  versus a total put value of  7,278,400,000 Combined total value = 9,280,400,000

Strike  1730  has a total call value of 3,320,000,000  versus a total put value of  5,943,600,000 Combined total value = 9,263,600,000

Strike  1740  has a total call value of 4,860,000,000  versus a total put value of  4,706,000,000 Combined total value = 9,566,000,000

Strike  1750  has a total call value of 6,818,000,000  versus a total put value of  3,567,200,000 Combined total value = 10,385,200,000

Strike  1760  has a total call value of 9,451,600,000  versus a total put value of  2,782,000,000 Combined total value = 12,233,600,000

Strike  1770  has a total call value of 12,316,800,000  versus a total put value of  1,996,800,000 Combined total value = 14,313,600,000

Strike  1780  has a total call value of 15,357,600,000  versus a total put value of  1,331,200,000 Combined total value = 16,688,800,000

Strike  1790  has a total call value of 18,633,200,000  versus a total put value of  665,600,000 Combined total value = 19,298,800,000

Strike  1800  has a total call value of 21,940,800,000  versus a total put value of  0 Combined total value = 21,940,800,000

Strike  1810  has a total call value of 26,961,200,000  versus a total put value of  0 Combined total value = 26,961,200,000

Strike  1820  has a total call value of 32,038,000,000  versus a total put value of  0 Combined total value = 32,038,000,000

Strike  1830  has a total call value of 37,226,800,000  versus a total put value of  0 Combined total value = 37,226,800,000

Strike  1840  has a total call value of 42,509,600,000  versus a total put value of  0 Combined total value = 42,509,600,000

Strike  1850  has a total call value of 47,908,400,000  versus a total put value of  0 Combined total value = 47,908,400,000

Strike  1860  has a total call value of 53,687,200,000  versus a total put value of  0 Combined total value = 53,687,200,000

Strike  1870  has a total call value of 59,518,000,000  versus a total put value of  0 Combined total value = 59,518,000,000

Strike  1880  has a total call value of 65,358,400,000  versus a total put value of  0 Combined total value = 65,358,400,000

Strike  1890  has a total call value of 71,237,600,000  versus a total put value of  0 Combined total value = 71,237,600,000

Strike  1900  has a total call value of 77,158,800,000  versus a total put value of  0 Combined total value = 77,158,800,000

Strike  1910  has a total call value of 83,760,400,000  versus a total put value of  0 Combined total value = 83,760,400,000

Strike  1920  has a total call value of 90,362,000,000  versus a total put value of  0 Combined total value = 90,362,000,000

Strike  1930  has a total call value of 97,078,400,000  versus a total put value of  0 Combined total value = 97,078,400,000

Strike  1940  has a total call value of 103,794,800,000  versus a total put value of  0 Combined total value = 103,794,800,000

Strike  1950  has a total call value of 110,511,200,000  versus a total put value of  0 Combined total value = 110,511,200,000

Strike  1960  has a total call value of 117,281,200,000  versus a total put value of  0 Combined total value = 117,281,200,000

Strike  1970  has a total call value of 124,051,200,000  versus a total put value of  0 Combined total value = 124,051,200,000

Strike  1980  has a total call value of 130,821,200,000  versus a total put value of  0 Combined total value = 130,821,200,000

Strike  1990  has a total call value of 137,591,200,000  versus a total put value of  0 Combined total value = 137,591,200,000

Strike  2000  has a total call value of 144,361,200,000  versus a total put value of  0 Combined total value = 144,361,200,000

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.