LALPATHLAB
DR. LAL PATH LABS LTD.
Max pain for LALPATHLAB
26 Jul 2024 04:11 PM IST
Max Pain for LALPATHLAB is 3000
Strike 2500 has a total call value of 0 versus a total put value of 7,683,000,000 Combined total value = 7,683,000,000
Strike 2520 has a total call value of 1,800,000 versus a total put value of 7,254,000,000 Combined total value = 7,255,800,000
Strike 2550 has a total call value of 4,500,000 versus a total put value of 6,610,500,000 Combined total value = 6,615,000,000
Strike 2560 has a total call value of 5,400,000 versus a total put value of 6,396,000,000 Combined total value = 6,401,400,000
Strike 2600 has a total call value of 9,000,000 versus a total put value of 5,538,000,000 Combined total value = 5,547,000,000
Strike 2640 has a total call value of 12,600,000 versus a total put value of 4,680,000,000 Combined total value = 4,692,600,000
Strike 2650 has a total call value of 13,500,000 versus a total put value of 4,465,500,000 Combined total value = 4,479,000,000
Strike 2680 has a total call value of 16,200,000 versus a total put value of 3,831,900,000 Combined total value = 3,848,100,000
Strike 2700 has a total call value of 18,000,000 versus a total put value of 3,409,500,000 Combined total value = 3,427,500,000
Strike 2720 has a total call value of 19,800,000 versus a total put value of 2,993,100,000 Combined total value = 3,012,900,000
Strike 2750 has a total call value of 22,500,000 versus a total put value of 2,368,500,000 Combined total value = 2,391,000,000
Strike 2760 has a total call value of 23,400,000 versus a total put value of 2,160,300,000 Combined total value = 2,183,700,000
Strike 2800 has a total call value of 27,000,000 versus a total put value of 1,327,500,000 Combined total value = 1,354,500,000
Strike 2840 has a total call value of 34,200,000 versus a total put value of 1,026,300,000 Combined total value = 1,060,500,000
Strike 2850 has a total call value of 36,000,000 versus a total put value of 951,000,000 Combined total value = 987,000,000
Strike 2880 has a total call value of 41,400,000 versus a total put value of 727,800,000 Combined total value = 769,200,000
Strike 2900 has a total call value of 45,000,000 versus a total put value of 579,000,000 Combined total value = 624,000,000
Strike 2920 has a total call value of 48,600,000 versus a total put value of 467,400,000 Combined total value = 516,000,000
Strike 2950 has a total call value of 54,000,000 versus a total put value of 300,000,000 Combined total value = 354,000,000
Strike 2960 has a total call value of 56,400,000 versus a total put value of 248,700,000 Combined total value = 305,100,000
Strike 3000 has a total call value of 66,000,000 versus a total put value of 43,500,000 Combined total value = 109,500,000
Strike 3040 has a total call value of 211,200,000 versus a total put value of 24,300,000 Combined total value = 235,500,000
Strike 3050 has a total call value of 247,500,000 versus a total put value of 19,500,000 Combined total value = 267,000,000
Strike 3080 has a total call value of 391,500,000 versus a total put value of 7,800,000 Combined total value = 399,300,000
Strike 3100 has a total call value of 487,500,000 versus a total put value of 0 Combined total value = 487,500,000
Strike 3120 has a total call value of 651,900,000 versus a total put value of 0 Combined total value = 651,900,000
Strike 3150 has a total call value of 898,500,000 versus a total put value of 0 Combined total value = 898,500,000
Strike 3160 has a total call value of 981,600,000 versus a total put value of 0 Combined total value = 981,600,000
Strike 3200 has a total call value of 1,314,000,000 versus a total put value of 0 Combined total value = 1,314,000,000
Strike 3240 has a total call value of 1,692,000,000 versus a total put value of 0 Combined total value = 1,692,000,000
Strike 3250 has a total call value of 1,786,500,000 versus a total put value of 0 Combined total value = 1,786,500,000
Strike 3280 has a total call value of 2,085,300,000 versus a total put value of 0 Combined total value = 2,085,300,000
Strike 3300 has a total call value of 2,284,500,000 versus a total put value of 0 Combined total value = 2,284,500,000
Strike 3350 has a total call value of 2,959,500,000 versus a total put value of 0 Combined total value = 2,959,500,000
Strike 3360 has a total call value of 3,094,500,000 versus a total put value of 0 Combined total value = 3,094,500,000
Strike 3400 has a total call value of 3,634,500,000 versus a total put value of 0 Combined total value = 3,634,500,000
Strike 3440 has a total call value of 4,217,700,000 versus a total put value of 0 Combined total value = 4,217,700,000
Strike 3450 has a total call value of 4,363,500,000 versus a total put value of 0 Combined total value = 4,363,500,000
Strike 3500 has a total call value of 5,092,500,000 versus a total put value of 0 Combined total value = 5,092,500,000
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.