L&TFH
L&T FINANCE HOLDINGS LTD
Max pain for L&TFH
29 Nov 2023 04:16 PM IST
Max Pain for L&TFH is 140
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
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.