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KOTAKBANK
KOTAK MAHINDRA BANK LTD

1724 -0.75 (-0.04%)


Strike  1500  has a total call value of 0  versus a total put value of  142,566,000,000 Combined total value = 142,566,000,000

Strike  1510  has a total call value of 2,800,000  versus a total put value of  136,586,800,000 Combined total value = 136,589,600,000

Strike  1520  has a total call value of 5,600,000  versus a total put value of  130,607,600,000 Combined total value = 130,613,200,000

Strike  1530  has a total call value of 8,400,000  versus a total put value of  124,628,400,000 Combined total value = 124,636,800,000

Strike  1540  has a total call value of 11,200,000  versus a total put value of  118,649,200,000 Combined total value = 118,660,400,000

Strike  1550  has a total call value of 14,000,000  versus a total put value of  112,670,000,000 Combined total value = 112,684,000,000

Strike  1560  has a total call value of 17,600,000  versus a total put value of  106,740,800,000 Combined total value = 106,758,400,000

Strike  1570  has a total call value of 21,200,000  versus a total put value of  100,811,600,000 Combined total value = 100,832,800,000

Strike  1580  has a total call value of 24,800,000  versus a total put value of  94,882,400,000 Combined total value = 94,907,200,000

Strike  1590  has a total call value of 28,400,000  versus a total put value of  88,953,200,000 Combined total value = 88,981,600,000

Strike  1600  has a total call value of 32,000,000  versus a total put value of  83,024,000,000 Combined total value = 83,056,000,000

Strike  1610  has a total call value of 74,000,000  versus a total put value of  77,468,400,000 Combined total value = 77,542,400,000

Strike  1620  has a total call value of 116,000,000  versus a total put value of  71,920,000,000 Combined total value = 72,036,000,000

Strike  1630  has a total call value of 158,000,000  versus a total put value of  66,404,400,000 Combined total value = 66,562,400,000

Strike  1640  has a total call value of 200,000,000  versus a total put value of  60,948,400,000 Combined total value = 61,148,400,000

Strike  1650  has a total call value of 242,000,000  versus a total put value of  55,590,000,000 Combined total value = 55,832,000,000

Strike  1660  has a total call value of 284,000,000  versus a total put value of  50,503,200,000 Combined total value = 50,787,200,000

Strike  1670  has a total call value of 366,400,000  versus a total put value of  45,491,200,000 Combined total value = 45,857,600,000

Strike  1680  has a total call value of 448,800,000  versus a total put value of  40,585,600,000 Combined total value = 41,034,400,000

Strike  1690  has a total call value of 550,400,000  versus a total put value of  35,985,200,000 Combined total value = 36,535,600,000

Strike  1700  has a total call value of 666,800,000  versus a total put value of  31,540,800,000 Combined total value = 32,207,600,000

Strike  1710  has a total call value of 1,028,400,000  versus a total put value of  27,920,000,000 Combined total value = 28,948,400,000

Strike  1720  has a total call value of 1,476,400,000  versus a total put value of  24,512,000,000 Combined total value = 25,988,400,000

Strike  1730  has a total call value of 2,166,400,000  versus a total put value of  21,474,000,000 Combined total value = 23,640,400,000

Strike  1740  has a total call value of 3,283,600,000  versus a total put value of  18,631,600,000 Combined total value = 21,915,200,000

Strike  1750  has a total call value of 4,851,600,000  versus a total put value of  16,096,800,000 Combined total value = 20,948,400,000

Strike  1760  has a total call value of 7,200,400,000  versus a total put value of  13,951,600,000 Combined total value = 21,152,000,000

Strike  1770  has a total call value of 10,034,400,000  versus a total put value of  12,008,000,000 Combined total value = 22,042,400,000

Strike  1780  has a total call value of 13,120,000,000  versus a total put value of  10,133,600,000 Combined total value = 23,253,600,000

Strike  1790  has a total call value of 16,532,400,000  versus a total put value of  8,448,800,000 Combined total value = 24,981,200,000

Strike  1800  has a total call value of 20,123,200,000  versus a total put value of  6,811,600,000 Combined total value = 26,934,800,000

Strike  1810  has a total call value of 25,201,600,000  versus a total put value of  5,900,400,000 Combined total value = 31,102,000,000

Strike  1820  has a total call value of 30,424,000,000  versus a total put value of  5,046,000,000 Combined total value = 35,470,000,000

Strike  1830  has a total call value of 36,241,200,000  versus a total put value of  4,266,800,000 Combined total value = 40,508,000,000

Strike  1840  has a total call value of 42,263,600,000  versus a total put value of  3,516,400,000 Combined total value = 45,780,000,000

Strike  1850  has a total call value of 48,597,200,000  versus a total put value of  2,900,000,000 Combined total value = 51,497,200,000

Strike  1860  has a total call value of 55,476,400,000  versus a total put value of  2,398,000,000 Combined total value = 57,874,400,000

Strike  1870  has a total call value of 62,543,600,000  versus a total put value of  1,961,600,000 Combined total value = 64,505,200,000

Strike  1880  has a total call value of 69,672,400,000  versus a total put value of  1,525,200,000 Combined total value = 71,197,600,000

Strike  1890  has a total call value of 76,949,600,000  versus a total put value of  1,139,600,000 Combined total value = 78,089,200,000

Strike  1900  has a total call value of 84,265,200,000  versus a total put value of  754,000,000 Combined total value = 85,019,200,000

Strike  1910  has a total call value of 92,834,400,000  versus a total put value of  664,000,000 Combined total value = 93,498,400,000

Strike  1920  has a total call value of 101,471,600,000  versus a total put value of  574,000,000 Combined total value = 102,045,600,000

Strike  1930  has a total call value of 110,194,000,000  versus a total put value of  484,000,000 Combined total value = 110,678,000,000

Strike  1940  has a total call value of 118,993,200,000  versus a total put value of  394,000,000 Combined total value = 119,387,200,000

Strike  1950  has a total call value of 127,884,800,000  versus a total put value of  304,000,000 Combined total value = 128,188,800,000

Strike  1960  has a total call value of 137,108,000,000  versus a total put value of  243,200,000 Combined total value = 137,351,200,000

Strike  1970  has a total call value of 146,370,400,000  versus a total put value of  182,400,000 Combined total value = 146,552,800,000

Strike  1980  has a total call value of 155,632,800,000  versus a total put value of  121,600,000 Combined total value = 155,754,400,000

Strike  1990  has a total call value of 164,895,200,000  versus a total put value of  60,800,000 Combined total value = 164,956,000,000

Strike  2000  has a total call value of 174,175,600,000  versus a total put value of  0 Combined total value = 174,175,600,000

Strike  2010  has a total call value of 183,931,200,000  versus a total put value of  0 Combined total value = 183,931,200,000

Strike  2020  has a total call value of 193,686,800,000  versus a total put value of  0 Combined total value = 193,686,800,000

Strike  2030  has a total call value of 203,442,400,000  versus a total put value of  0 Combined total value = 203,442,400,000

Strike  2040  has a total call value of 213,230,400,000  versus a total put value of  0 Combined total value = 213,230,400,000

Strike  2050  has a total call value of 223,043,200,000  versus a total put value of  0 Combined total value = 223,043,200,000

Strike  2060  has a total call value of 233,032,000,000  versus a total put value of  0 Combined total value = 233,032,000,000

Strike  2070  has a total call value of 243,020,800,000  versus a total put value of  0 Combined total value = 243,020,800,000

Strike  2080  has a total call value of 253,009,600,000  versus a total put value of  0 Combined total value = 253,009,600,000

Strike  2090  has a total call value of 262,998,400,000  versus a total put value of  0 Combined total value = 262,998,400,000

Strike  2100  has a total call value of 272,987,200,000  versus a total put value of  0 Combined total value = 272,987,200,000

Strike  2110  has a total call value of 283,173,200,000  versus a total put value of  0 Combined total value = 283,173,200,000

Strike  2120  has a total call value of 293,359,200,000  versus a total put value of  0 Combined total value = 293,359,200,000

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.