LT
LARSEN & TOUBRO LTD.
Max pain for LT
19 Mar 2024 03:50 PM IST
Max Pain for LT is 3540
Strike 3000 has a total call value of 0 versus a total put value of 124,763,400,000 Combined total value = 124,763,400,000
Strike 3020 has a total call value of 0 versus a total put value of 119,431,800,000 Combined total value = 119,431,800,000
Strike 3040 has a total call value of 0 versus a total put value of 114,100,200,000 Combined total value = 114,100,200,000
Strike 3060 has a total call value of 0 versus a total put value of 108,768,600,000 Combined total value = 108,768,600,000
Strike 3080 has a total call value of 0 versus a total put value of 103,437,000,000 Combined total value = 103,437,000,000
Strike 3100 has a total call value of 0 versus a total put value of 98,105,400,000 Combined total value = 98,105,400,000
Strike 3120 has a total call value of 59,400,000 versus a total put value of 92,901,600,000 Combined total value = 92,961,000,000
Strike 3140 has a total call value of 118,800,000 versus a total put value of 87,697,800,000 Combined total value = 87,816,600,000
Strike 3160 has a total call value of 178,200,000 versus a total put value of 82,494,000,000 Combined total value = 82,672,200,000
Strike 3180 has a total call value of 237,600,000 versus a total put value of 77,290,200,000 Combined total value = 77,527,800,000
Strike 3200 has a total call value of 297,000,000 versus a total put value of 72,086,400,000 Combined total value = 72,383,400,000
Strike 3220 has a total call value of 417,600,000 versus a total put value of 67,128,600,000 Combined total value = 67,546,200,000
Strike 3240 has a total call value of 538,200,000 versus a total put value of 62,170,800,000 Combined total value = 62,709,000,000
Strike 3260 has a total call value of 658,800,000 versus a total put value of 57,213,000,000 Combined total value = 57,871,800,000
Strike 3280 has a total call value of 779,400,000 versus a total put value of 52,255,200,000 Combined total value = 53,034,600,000
Strike 3300 has a total call value of 900,000,000 versus a total put value of 47,356,200,000 Combined total value = 48,256,200,000
Strike 3320 has a total call value of 1,140,600,000 versus a total put value of 42,960,000,000 Combined total value = 44,100,600,000
Strike 3340 has a total call value of 1,381,200,000 versus a total put value of 38,614,200,000 Combined total value = 39,995,400,000
Strike 3360 has a total call value of 1,621,800,000 versus a total put value of 34,347,000,000 Combined total value = 35,968,800,000
Strike 3380 has a total call value of 1,890,000,000 versus a total put value of 30,165,000,000 Combined total value = 32,055,000,000
Strike 3400 has a total call value of 2,158,200,000 versus a total put value of 26,048,400,000 Combined total value = 28,206,600,000
Strike 3420 has a total call value of 2,580,600,000 versus a total put value of 22,568,400,000 Combined total value = 25,149,000,000
Strike 3440 has a total call value of 3,027,000,000 versus a total put value of 19,210,800,000 Combined total value = 22,237,800,000
Strike 3460 has a total call value of 3,498,600,000 versus a total put value of 16,030,200,000 Combined total value = 19,528,800,000
Strike 3480 has a total call value of 4,066,200,000 versus a total put value of 13,006,800,000 Combined total value = 17,073,000,000
Strike 3500 has a total call value of 4,687,800,000 versus a total put value of 10,122,600,000 Combined total value = 14,810,400,000
Strike 3520 has a total call value of 5,950,200,000 versus a total put value of 8,439,000,000 Combined total value = 14,389,200,000
Strike 3540 has a total call value of 7,447,200,000 versus a total put value of 6,927,000,000 Combined total value = 14,374,200,000
Strike 3560 has a total call value of 9,181,800,000 versus a total put value of 5,563,200,000 Combined total value = 14,745,000,000
Strike 3580 has a total call value of 11,301,000,000 versus a total put value of 4,402,200,000 Combined total value = 15,703,200,000
Strike 3600 has a total call value of 13,625,400,000 versus a total put value of 3,288,600,000 Combined total value = 16,914,000,000
Strike 3620 has a total call value of 17,668,200,000 versus a total put value of 2,563,800,000 Combined total value = 20,232,000,000
Strike 3640 has a total call value of 22,026,600,000 versus a total put value of 1,918,200,000 Combined total value = 23,944,800,000
Strike 3660 has a total call value of 26,817,600,000 versus a total put value of 1,381,800,000 Combined total value = 28,199,400,000
Strike 3680 has a total call value of 32,458,800,000 versus a total put value of 919,200,000 Combined total value = 33,378,000,000
Strike 3700 has a total call value of 38,591,400,000 versus a total put value of 537,600,000 Combined total value = 39,129,000,000
Strike 3720 has a total call value of 47,133,000,000 versus a total put value of 418,800,000 Combined total value = 47,551,800,000
Strike 3740 has a total call value of 55,939,800,000 versus a total put value of 300,000,000 Combined total value = 56,239,800,000
Strike 3760 has a total call value of 65,004,600,000 versus a total put value of 181,200,000 Combined total value = 65,185,800,000
Strike 3780 has a total call value of 74,247,000,000 versus a total put value of 90,600,000 Combined total value = 74,337,600,000
Strike 3800 has a total call value of 83,631,000,000 versus a total put value of 0 Combined total value = 83,631,000,000
Strike 3820 has a total call value of 94,252,800,000 versus a total put value of 0 Combined total value = 94,252,800,000
Strike 3840 has a total call value of 104,986,800,000 versus a total put value of 0 Combined total value = 104,986,800,000
Strike 3860 has a total call value of 115,846,800,000 versus a total put value of 0 Combined total value = 115,846,800,000
Strike 3880 has a total call value of 126,906,600,000 versus a total put value of 0 Combined total value = 126,906,600,000
Strike 3900 has a total call value of 138,055,200,000 versus a total put value of 0 Combined total value = 138,055,200,000
Strike 3920 has a total call value of 149,993,400,000 versus a total put value of 0 Combined total value = 149,993,400,000
Strike 3940 has a total call value of 161,964,600,000 versus a total put value of 0 Combined total value = 161,964,600,000
Strike 3960 has a total call value of 173,953,200,000 versus a total put value of 0 Combined total value = 173,953,200,000
Strike 3980 has a total call value of 185,976,000,000 versus a total put value of 0 Combined total value = 185,976,000,000
Strike 4000 has a total call value of 198,037,800,000 versus a total put value of 0 Combined total value = 198,037,800,000
Strike 4020 has a total call value of 210,823,200,000 versus a total put value of 0 Combined total value = 210,823,200,000
Strike 4040 has a total call value of 223,633,200,000 versus a total put value of 0 Combined total value = 223,633,200,000
Strike 4060 has a total call value of 236,488,800,000 versus a total put value of 0 Combined total value = 236,488,800,000
Strike 4080 has a total call value of 249,344,400,000 versus a total put value of 0 Combined total value = 249,344,400,000
Strike 4100 has a total call value of 262,230,600,000 versus a total put value of 0 Combined total value = 262,230,600,000
Strike 4120 has a total call value of 275,238,000,000 versus a total put value of 0 Combined total value = 275,238,000,000
Strike 4140 has a total call value of 288,310,800,000 versus a total put value of 0 Combined total value = 288,310,800,000
Strike 4160 has a total call value of 301,383,600,000 versus a total put value of 0 Combined total value = 301,383,600,000
Strike 4180 has a total call value of 314,456,400,000 versus a total put value of 0 Combined total value = 314,456,400,000
Strike 4200 has a total call value of 327,529,200,000 versus a total put value of 0 Combined total value = 327,529,200,000
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.