LT
LARSEN & TOUBRO LTD.
Max pain for LT
29 Nov 2023 04:17 PM IST
Max Pain for LT is 3020
Strike 2400 has a total call value of 0 versus a total put value of 116,795,400,000 Combined total value = 116,795,400,000
Strike 2420 has a total call value of 8,400,000 versus a total put value of 112,223,400,000 Combined total value = 112,231,800,000
Strike 2440 has a total call value of 16,800,000 versus a total put value of 107,651,400,000 Combined total value = 107,668,200,000
Strike 2460 has a total call value of 25,200,000 versus a total put value of 103,079,400,000 Combined total value = 103,104,600,000
Strike 2480 has a total call value of 33,600,000 versus a total put value of 98,507,400,000 Combined total value = 98,541,000,000
Strike 2500 has a total call value of 42,000,000 versus a total put value of 93,935,400,000 Combined total value = 93,977,400,000
Strike 2520 has a total call value of 67,800,000 versus a total put value of 89,409,600,000 Combined total value = 89,477,400,000
Strike 2540 has a total call value of 93,600,000 versus a total put value of 84,883,800,000 Combined total value = 84,977,400,000
Strike 2560 has a total call value of 119,400,000 versus a total put value of 80,364,000,000 Combined total value = 80,483,400,000
Strike 2580 has a total call value of 145,200,000 versus a total put value of 75,844,200,000 Combined total value = 75,989,400,000
Strike 2600 has a total call value of 171,000,000 versus a total put value of 71,324,400,000 Combined total value = 71,495,400,000
Strike 2620 has a total call value of 204,000,000 versus a total put value of 67,043,400,000 Combined total value = 67,247,400,000
Strike 2640 has a total call value of 237,000,000 versus a total put value of 62,762,400,000 Combined total value = 62,999,400,000
Strike 2660 has a total call value of 270,000,000 versus a total put value of 58,481,400,000 Combined total value = 58,751,400,000
Strike 2680 has a total call value of 303,000,000 versus a total put value of 54,248,400,000 Combined total value = 54,551,400,000
Strike 2700 has a total call value of 336,000,000 versus a total put value of 50,015,400,000 Combined total value = 50,351,400,000
Strike 2720 has a total call value of 448,200,000 versus a total put value of 46,010,400,000 Combined total value = 46,458,600,000
Strike 2740 has a total call value of 560,400,000 versus a total put value of 42,015,000,000 Combined total value = 42,575,400,000
Strike 2760 has a total call value of 672,600,000 versus a total put value of 38,058,600,000 Combined total value = 38,731,200,000
Strike 2780 has a total call value of 784,800,000 versus a total put value of 34,181,400,000 Combined total value = 34,966,200,000
Strike 2800 has a total call value of 897,000,000 versus a total put value of 30,376,200,000 Combined total value = 31,273,200,000
Strike 2820 has a total call value of 1,098,600,000 versus a total put value of 27,106,800,000 Combined total value = 28,205,400,000
Strike 2840 has a total call value of 1,300,200,000 versus a total put value of 23,956,800,000 Combined total value = 25,257,000,000
Strike 2860 has a total call value of 1,515,000,000 versus a total put value of 20,872,200,000 Combined total value = 22,387,200,000
Strike 2880 has a total call value of 1,749,600,000 versus a total put value of 17,892,000,000 Combined total value = 19,641,600,000
Strike 2900 has a total call value of 2,025,600,000 versus a total put value of 14,995,800,000 Combined total value = 17,021,400,000
Strike 2920 has a total call value of 2,481,000,000 versus a total put value of 12,664,200,000 Combined total value = 15,145,200,000
Strike 2940 has a total call value of 3,042,600,000 versus a total put value of 10,492,800,000 Combined total value = 13,535,400,000
Strike 2960 has a total call value of 3,686,400,000 versus a total put value of 8,440,800,000 Combined total value = 12,127,200,000
Strike 2980 has a total call value of 4,392,000,000 versus a total put value of 6,489,000,000 Combined total value = 10,881,000,000
Strike 3000 has a total call value of 5,157,000,000 versus a total put value of 4,740,000,000 Combined total value = 9,897,000,000
Strike 3020 has a total call value of 6,279,000,000 versus a total put value of 3,571,800,000 Combined total value = 9,850,800,000
Strike 3040 has a total call value of 7,475,400,000 versus a total put value of 2,542,800,000 Combined total value = 10,018,200,000
Strike 3060 has a total call value of 8,781,000,000 versus a total put value of 1,670,400,000 Combined total value = 10,451,400,000
Strike 3080 has a total call value of 10,297,200,000 versus a total put value of 1,037,400,000 Combined total value = 11,334,600,000
Strike 3100 has a total call value of 12,063,000,000 versus a total put value of 519,000,000 Combined total value = 12,582,000,000
Strike 3120 has a total call value of 15,649,800,000 versus a total put value of 315,000,000 Combined total value = 15,964,800,000
Strike 3140 has a total call value of 19,893,000,000 versus a total put value of 185,400,000 Combined total value = 20,078,400,000
Strike 3160 has a total call value of 24,481,200,000 versus a total put value of 97,200,000 Combined total value = 24,578,400,000
Strike 3180 has a total call value of 29,293,800,000 versus a total put value of 48,600,000 Combined total value = 29,342,400,000
Strike 3200 has a total call value of 34,214,400,000 versus a total put value of 0 Combined total value = 34,214,400,000
Strike 3220 has a total call value of 40,123,200,000 versus a total put value of 0 Combined total value = 40,123,200,000
Strike 3240 has a total call value of 46,142,400,000 versus a total put value of 0 Combined total value = 46,142,400,000
Strike 3260 has a total call value of 52,227,600,000 versus a total put value of 0 Combined total value = 52,227,600,000
Strike 3280 has a total call value of 58,491,000,000 versus a total put value of 0 Combined total value = 58,491,000,000
Strike 3300 has a total call value of 64,781,400,000 versus a total put value of 0 Combined total value = 64,781,400,000
Strike 3320 has a total call value of 71,442,000,000 versus a total put value of 0 Combined total value = 71,442,000,000
Strike 3340 has a total call value of 78,120,600,000 versus a total put value of 0 Combined total value = 78,120,600,000
Strike 3360 has a total call value of 84,924,000,000 versus a total put value of 0 Combined total value = 84,924,000,000
Strike 3380 has a total call value of 91,727,400,000 versus a total put value of 0 Combined total value = 91,727,400,000
Strike 3400 has a total call value of 98,530,800,000 versus a total put value of 0 Combined total value = 98,530,800,000
Strike 3420 has a total call value of 105,434,400,000 versus a total put value of 0 Combined total value = 105,434,400,000
Strike 3440 has a total call value of 112,338,000,000 versus a total put value of 0 Combined total value = 112,338,000,000
Strike 3460 has a total call value of 119,247,600,000 versus a total put value of 0 Combined total value = 119,247,600,000
Strike 3480 has a total call value of 126,157,200,000 versus a total put value of 0 Combined total value = 126,157,200,000
Strike 3500 has a total call value of 133,066,800,000 versus a total put value of 0 Combined total value = 133,066,800,000
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.