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KOTAKBANK
KOTAK MAHINDRA BANK LTD

1727.7 38.25 (2.26%)


Strike  1440  has a total call value of 0  versus a total put value of  146,166,800,000 Combined total value = 146,166,800,000

Strike  1450  has a total call value of 0  versus a total put value of  140,672,000,000 Combined total value = 140,672,000,000

Strike  1460  has a total call value of 0  versus a total put value of  135,177,200,000 Combined total value = 135,177,200,000

Strike  1470  has a total call value of 0  versus a total put value of  129,682,400,000 Combined total value = 129,682,400,000

Strike  1480  has a total call value of 0  versus a total put value of  124,187,600,000 Combined total value = 124,187,600,000

Strike  1490  has a total call value of 0  versus a total put value of  118,692,800,000 Combined total value = 118,692,800,000

Strike  1500  has a total call value of 0  versus a total put value of  113,198,000,000 Combined total value = 113,198,000,000

Strike  1510  has a total call value of 0  versus a total put value of  107,812,800,000 Combined total value = 107,812,800,000

Strike  1520  has a total call value of 0  versus a total put value of  102,427,600,000 Combined total value = 102,427,600,000

Strike  1530  has a total call value of 0  versus a total put value of  97,042,400,000 Combined total value = 97,042,400,000

Strike  1540  has a total call value of 0  versus a total put value of  91,657,200,000 Combined total value = 91,657,200,000

Strike  1550  has a total call value of 0  versus a total put value of  86,272,000,000 Combined total value = 86,272,000,000

Strike  1560  has a total call value of 0  versus a total put value of  80,886,800,000 Combined total value = 80,886,800,000

Strike  1570  has a total call value of 0  versus a total put value of  75,596,800,000 Combined total value = 75,596,800,000

Strike  1580  has a total call value of 0  versus a total put value of  70,353,200,000 Combined total value = 70,353,200,000

Strike  1590  has a total call value of 0  versus a total put value of  65,163,600,000 Combined total value = 65,163,600,000

Strike  1600  has a total call value of 0  versus a total put value of  59,983,200,000 Combined total value = 59,983,200,000

Strike  1610  has a total call value of 150,400,000  versus a total put value of  55,367,600,000 Combined total value = 55,518,000,000

Strike  1620  has a total call value of 300,800,000  versus a total put value of  50,778,800,000 Combined total value = 51,079,600,000

Strike  1630  has a total call value of 451,200,000  versus a total put value of  46,303,200,000 Combined total value = 46,754,400,000

Strike  1640  has a total call value of 601,600,000  versus a total put value of  41,862,800,000 Combined total value = 42,464,400,000

Strike  1650  has a total call value of 776,800,000  versus a total put value of  37,587,200,000 Combined total value = 38,364,000,000

Strike  1660  has a total call value of 1,069,200,000  versus a total put value of  33,711,200,000 Combined total value = 34,780,400,000

Strike  1670  has a total call value of 1,387,200,000  versus a total put value of  30,044,000,000 Combined total value = 31,431,200,000

Strike  1680  has a total call value of 1,720,800,000  versus a total put value of  26,481,600,000 Combined total value = 28,202,400,000

Strike  1690  has a total call value of 2,107,600,000  versus a total put value of  23,106,000,000 Combined total value = 25,213,600,000

Strike  1700  has a total call value of 2,535,200,000  versus a total put value of  19,795,200,000 Combined total value = 22,330,400,000

Strike  1710  has a total call value of 3,695,200,000  versus a total put value of  17,590,000,000 Combined total value = 21,285,200,000

Strike  1720  has a total call value of 4,992,000,000  versus a total put value of  15,441,600,000 Combined total value = 20,433,600,000

Strike  1730  has a total call value of 6,618,800,000  versus a total put value of  13,522,400,000 Combined total value = 20,141,200,000

Strike  1740  has a total call value of 8,434,400,000  versus a total put value of  11,679,600,000 Combined total value = 20,114,000,000

Strike  1750  has a total call value of 10,533,600,000  versus a total put value of  9,934,400,000 Combined total value = 20,468,000,000

Strike  1760  has a total call value of 13,237,200,000  versus a total put value of  8,540,000,000 Combined total value = 21,777,200,000

Strike  1770  has a total call value of 16,178,000,000  versus a total put value of  7,260,400,000 Combined total value = 23,438,400,000

Strike  1780  has a total call value of 19,293,600,000  versus a total put value of  6,100,400,000 Combined total value = 25,394,000,000

Strike  1790  has a total call value of 22,624,800,000  versus a total put value of  5,040,000,000 Combined total value = 27,664,800,000

Strike  1800  has a total call value of 25,989,200,000  versus a total put value of  3,980,000,000 Combined total value = 29,969,200,000

Strike  1810  has a total call value of 31,043,600,000  versus a total put value of  3,583,600,000 Combined total value = 34,627,200,000

Strike  1820  has a total call value of 36,153,200,000  versus a total put value of  3,187,200,000 Combined total value = 39,340,400,000

Strike  1830  has a total call value of 41,373,200,000  versus a total put value of  2,810,800,000 Combined total value = 44,184,000,000

Strike  1840  has a total call value of 46,688,000,000  versus a total put value of  2,434,400,000 Combined total value = 49,122,400,000

Strike  1850  has a total call value of 52,115,200,000  versus a total put value of  2,058,000,000 Combined total value = 54,173,200,000

Strike  1860  has a total call value of 57,916,800,000  versus a total put value of  1,788,800,000 Combined total value = 59,705,600,000

Strike  1870  has a total call value of 63,766,400,000  versus a total put value of  1,519,600,000 Combined total value = 65,286,000,000

Strike  1880  has a total call value of 69,623,200,000  versus a total put value of  1,250,400,000 Combined total value = 70,873,600,000

Strike  1890  has a total call value of 75,519,600,000  versus a total put value of  981,200,000 Combined total value = 76,500,800,000

Strike  1900  has a total call value of 81,458,400,000  versus a total put value of  712,000,000 Combined total value = 82,170,400,000

Strike  1910  has a total call value of 88,072,800,000  versus a total put value of  640,800,000 Combined total value = 88,713,600,000

Strike  1920  has a total call value of 94,693,200,000  versus a total put value of  569,600,000 Combined total value = 95,262,800,000

Strike  1930  has a total call value of 101,428,800,000  versus a total put value of  498,400,000 Combined total value = 101,927,200,000

Strike  1940  has a total call value of 108,198,400,000  versus a total put value of  427,200,000 Combined total value = 108,625,600,000

Strike  1950  has a total call value of 114,970,800,000  versus a total put value of  356,000,000 Combined total value = 115,326,800,000

Strike  1960  has a total call value of 121,792,400,000  versus a total put value of  284,800,000 Combined total value = 122,077,200,000

Strike  1970  has a total call value of 128,614,000,000  versus a total put value of  213,600,000 Combined total value = 128,827,600,000

Strike  1980  has a total call value of 135,435,600,000  versus a total put value of  142,400,000 Combined total value = 135,578,000,000

Strike  1990  has a total call value of 142,257,200,000  versus a total put value of  71,200,000 Combined total value = 142,328,400,000

Strike  2000  has a total call value of 149,078,800,000  versus a total put value of  0 Combined total value = 149,078,800,000

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.