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L&TFH
L&T FINANCE HOLDINGS LTD

145.15 0.40 (0.28%)


Strike  105  has a total call value of 0  versus a total put value of  47,189,665,800 Combined total value = 47,189,665,800

Strike  106  has a total call value of 1,784,800  versus a total put value of  45,645,813,800 Combined total value = 45,647,598,600

Strike  107  has a total call value of 3,569,600  versus a total put value of  44,101,961,800 Combined total value = 44,105,531,400

Strike  108  has a total call value of 5,354,400  versus a total put value of  42,558,109,800 Combined total value = 42,563,464,200

Strike  109  has a total call value of 7,139,200  versus a total put value of  41,014,257,800 Combined total value = 41,021,397,000

Strike  110  has a total call value of 8,924,000  versus a total put value of  39,470,405,800 Combined total value = 39,479,329,800

Strike  111  has a total call value of 10,708,800  versus a total put value of  37,926,553,800 Combined total value = 37,937,262,600

Strike  112  has a total call value of 12,493,600  versus a total put value of  36,382,701,800 Combined total value = 36,395,195,400

Strike  113  has a total call value of 14,278,400  versus a total put value of  34,838,849,800 Combined total value = 34,853,128,200

Strike  114  has a total call value of 16,063,200  versus a total put value of  33,294,997,800 Combined total value = 33,311,061,000

Strike  115  has a total call value of 17,848,000  versus a total put value of  31,751,145,800 Combined total value = 31,768,993,800

Strike  116  has a total call value of 25,433,400  versus a total put value of  30,240,312,600 Combined total value = 30,265,746,000

Strike  117  has a total call value of 33,018,800  versus a total put value of  28,729,479,400 Combined total value = 28,762,498,200

Strike  118  has a total call value of 40,604,200  versus a total put value of  27,218,646,200 Combined total value = 27,259,250,400

Strike  119  has a total call value of 48,189,600  versus a total put value of  25,715,398,400 Combined total value = 25,763,588,000

Strike  120  has a total call value of 55,775,000  versus a total put value of  24,212,150,600 Combined total value = 24,267,925,600

Strike  121  has a total call value of 63,360,400  versus a total put value of  22,782,079,600 Combined total value = 22,845,440,000

Strike  122  has a total call value of 70,945,800  versus a total put value of  21,352,008,600 Combined total value = 21,422,954,400

Strike  123  has a total call value of 78,531,200  versus a total put value of  19,921,937,600 Combined total value = 20,000,468,800

Strike  124  has a total call value of 86,116,600  versus a total put value of  18,491,866,600 Combined total value = 18,577,983,200

Strike  125  has a total call value of 93,702,000  versus a total put value of  17,061,795,600 Combined total value = 17,155,497,600

Strike  126  has a total call value of 101,287,400  versus a total put value of  15,737,920,200 Combined total value = 15,839,207,600

Strike  127  has a total call value of 108,872,800  versus a total put value of  14,414,044,800 Combined total value = 14,522,917,600

Strike  128  has a total call value of 116,458,200  versus a total put value of  13,090,169,400 Combined total value = 13,206,627,600

Strike  129  has a total call value of 124,043,600  versus a total put value of  11,831,885,400 Combined total value = 11,955,929,000

Strike  130  has a total call value of 136,537,200  versus a total put value of  10,595,911,400 Combined total value = 10,732,448,600

Strike  131  has a total call value of 176,695,200  versus a total put value of  9,581,252,600 Combined total value = 9,757,947,800

Strike  132  has a total call value of 226,223,400  versus a total put value of  8,566,593,800 Combined total value = 8,792,817,200

Strike  133  has a total call value of 286,014,200  versus a total put value of  7,597,893,600 Combined total value = 7,883,907,800

Strike  134  has a total call value of 365,884,000  versus a total put value of  6,663,104,600 Combined total value = 7,028,988,600

Strike  135  has a total call value of 461,817,000  versus a total put value of  5,761,780,600 Combined total value = 6,223,597,600

Strike  136  has a total call value of 630,034,400  versus a total put value of  5,035,367,000 Combined total value = 5,665,401,400

Strike  137  has a total call value of 798,251,800  versus a total put value of  4,339,295,000 Combined total value = 5,137,546,800

Strike  138  has a total call value of 978,070,400  versus a total put value of  3,665,979,200 Combined total value = 4,644,049,600

Strike  139  has a total call value of 1,178,414,200  versus a total put value of  3,034,606,200 Combined total value = 4,213,020,400

Strike  140  has a total call value of 1,405,530,000  versus a total put value of  2,442,498,800 Combined total value = 3,848,028,800

Strike  141  has a total call value of 1,800,417,000  versus a total put value of  2,075,722,400 Combined total value = 3,876,139,400

Strike  142  has a total call value of 2,223,860,800  versus a total put value of  1,729,917,400 Combined total value = 3,953,778,200

Strike  143  has a total call value of 2,683,000,600  versus a total put value of  1,429,624,800 Combined total value = 4,112,625,400

Strike  144  has a total call value of 3,183,190,800  versus a total put value of  1,154,319,400 Combined total value = 4,337,510,200

Strike  145  has a total call value of 3,726,216,200  versus a total put value of  897,308,200 Combined total value = 4,623,524,400

Strike  146  has a total call value of 4,457,538,000  versus a total put value of  717,489,600 Combined total value = 5,175,027,600

Strike  147  has a total call value of 5,272,745,400  versus a total put value of  559,981,000 Combined total value = 5,832,726,400

Strike  148  has a total call value of 6,153,544,200  versus a total put value of  411,396,400 Combined total value = 6,564,940,600

Strike  149  has a total call value of 7,096,811,000  versus a total put value of  274,859,200 Combined total value = 7,371,670,200

Strike  150  has a total call value of 8,074,435,200  versus a total put value of  148,584,600 Combined total value = 8,223,019,800

Strike  151  has a total call value of 9,429,544,600  versus a total put value of  81,208,400 Combined total value = 9,510,753,000

Strike  152  has a total call value of 10,864,523,800  versus a total put value of  40,604,200 Combined total value = 10,905,128,000

Strike  153  has a total call value of 12,367,325,400  versus a total put value of  22,310,000 Combined total value = 12,389,635,400

Strike  154  has a total call value of 13,938,395,600  versus a total put value of  9,370,200 Combined total value = 13,947,765,800

Strike  155  has a total call value of 15,542,038,400  versus a total put value of  0 Combined total value = 15,542,038,400

Strike  156  has a total call value of 17,273,294,400  versus a total put value of  0 Combined total value = 17,273,294,400

Strike  157  has a total call value of 19,021,952,200  versus a total put value of  0 Combined total value = 19,021,952,200

Strike  158  has a total call value of 20,779,087,800  versus a total put value of  0 Combined total value = 20,779,087,800

Strike  159  has a total call value of 22,579,058,600  versus a total put value of  0 Combined total value = 22,579,058,600

Strike  160  has a total call value of 24,466,484,600  versus a total put value of  0 Combined total value = 24,466,484,600

Strike  161  has a total call value of 26,464,122,000  versus a total put value of  0 Combined total value = 26,464,122,000

Strike  162  has a total call value of 28,461,759,400  versus a total put value of  0 Combined total value = 28,461,759,400

Strike  163  has a total call value of 30,459,396,800  versus a total put value of  0 Combined total value = 30,459,396,800

Strike  164  has a total call value of 32,457,034,200  versus a total put value of  0 Combined total value = 32,457,034,200

Strike  165  has a total call value of 34,454,671,600  versus a total put value of  0 Combined total value = 34,454,671,600

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.