LT
LARSEN & TOUBRO LTD.
Max pain for LT
02 Jul 2024 11:01 AM IST
Max Pain for LT is 3550
Strike 3000 has a total call value of 0 versus a total put value of 111,820,500,000 Combined total value = 111,820,500,000
Strike 3020 has a total call value of 0 versus a total put value of 107,330,700,000 Combined total value = 107,330,700,000
Strike 3040 has a total call value of 0 versus a total put value of 102,840,900,000 Combined total value = 102,840,900,000
Strike 3050 has a total call value of 0 versus a total put value of 100,596,000,000 Combined total value = 100,596,000,000
Strike 3060 has a total call value of 0 versus a total put value of 98,351,100,000 Combined total value = 98,351,100,000
Strike 3080 has a total call value of 0 versus a total put value of 93,861,300,000 Combined total value = 93,861,300,000
Strike 3100 has a total call value of 0 versus a total put value of 89,371,500,000 Combined total value = 89,371,500,000
Strike 3120 has a total call value of 0 versus a total put value of 84,889,500,000 Combined total value = 84,889,500,000
Strike 3140 has a total call value of 0 versus a total put value of 80,407,500,000 Combined total value = 80,407,500,000
Strike 3150 has a total call value of 0 versus a total put value of 78,166,500,000 Combined total value = 78,166,500,000
Strike 3160 has a total call value of 0 versus a total put value of 75,925,500,000 Combined total value = 75,925,500,000
Strike 3180 has a total call value of 0 versus a total put value of 71,483,100,000 Combined total value = 71,483,100,000
Strike 3200 has a total call value of 0 versus a total put value of 67,040,700,000 Combined total value = 67,040,700,000
Strike 3220 has a total call value of 0 versus a total put value of 62,820,300,000 Combined total value = 62,820,300,000
Strike 3240 has a total call value of 0 versus a total put value of 58,599,900,000 Combined total value = 58,599,900,000
Strike 3250 has a total call value of 0 versus a total put value of 56,489,700,000 Combined total value = 56,489,700,000
Strike 3260 has a total call value of 0 versus a total put value of 54,379,500,000 Combined total value = 54,379,500,000
Strike 3280 has a total call value of 0 versus a total put value of 50,176,800,000 Combined total value = 50,176,800,000
Strike 3300 has a total call value of 0 versus a total put value of 45,974,100,000 Combined total value = 45,974,100,000
Strike 3320 has a total call value of 38,700,000 versus a total put value of 42,066,600,000 Combined total value = 42,105,300,000
Strike 3340 has a total call value of 77,400,000 versus a total put value of 38,189,100,000 Combined total value = 38,266,500,000
Strike 3350 has a total call value of 96,750,000 versus a total put value of 36,267,750,000 Combined total value = 36,364,500,000
Strike 3360 has a total call value of 116,100,000 versus a total put value of 34,371,450,000 Combined total value = 34,487,550,000
Strike 3380 has a total call value of 154,800,000 versus a total put value of 30,578,850,000 Combined total value = 30,733,650,000
Strike 3400 has a total call value of 193,500,000 versus a total put value of 26,786,250,000 Combined total value = 26,979,750,000
Strike 3420 has a total call value of 365,100,000 versus a total put value of 23,761,650,000 Combined total value = 24,126,750,000
Strike 3440 has a total call value of 536,700,000 versus a total put value of 20,781,150,000 Combined total value = 21,317,850,000
Strike 3450 has a total call value of 624,150,000 versus a total put value of 19,306,650,000 Combined total value = 19,930,800,000
Strike 3460 has a total call value of 714,750,000 versus a total put value of 17,840,400,000 Combined total value = 18,555,150,000
Strike 3480 has a total call value of 895,950,000 versus a total put value of 15,035,100,000 Combined total value = 15,931,050,000
Strike 3500 has a total call value of 1,108,050,000 versus a total put value of 12,285,300,000 Combined total value = 13,393,350,000
Strike 3520 has a total call value of 1,918,350,000 versus a total put value of 10,513,500,000 Combined total value = 12,431,850,000
Strike 3540 has a total call value of 2,856,150,000 versus a total put value of 8,813,100,000 Combined total value = 11,669,250,000
Strike 3550 has a total call value of 3,512,100,000 versus a total put value of 8,046,300,000 Combined total value = 11,558,400,000
Strike 3560 has a total call value of 4,262,100,000 versus a total put value of 7,311,750,000 Combined total value = 11,573,850,000
Strike 3580 has a total call value of 6,078,300,000 versus a total put value of 5,963,850,000 Combined total value = 12,042,150,000
Strike 3600 has a total call value of 8,121,600,000 versus a total put value of 4,769,850,000 Combined total value = 12,891,450,000
Strike 3620 has a total call value of 12,710,400,000 versus a total put value of 4,180,350,000 Combined total value = 16,890,750,000
Strike 3640 has a total call value of 17,496,000,000 versus a total put value of 3,590,850,000 Combined total value = 21,086,850,000
Strike 3650 has a total call value of 19,970,700,000 versus a total put value of 3,326,100,000 Combined total value = 23,296,800,000
Strike 3660 has a total call value of 22,461,900,000 versus a total put value of 3,061,350,000 Combined total value = 25,523,250,000
Strike 3680 has a total call value of 27,663,000,000 versus a total put value of 2,561,850,000 Combined total value = 30,224,850,000
Strike 3700 has a total call value of 33,069,600,000 versus a total put value of 2,086,350,000 Combined total value = 35,155,950,000
Strike 3720 has a total call value of 39,833,700,000 versus a total put value of 1,834,950,000 Combined total value = 41,668,650,000
Strike 3740 has a total call value of 46,635,600,000 versus a total put value of 1,583,550,000 Combined total value = 48,219,150,000
Strike 3750 has a total call value of 50,060,700,000 versus a total put value of 1,461,000,000 Combined total value = 51,521,700,000
Strike 3760 has a total call value of 53,510,550,000 versus a total put value of 1,341,600,000 Combined total value = 54,852,150,000
Strike 3780 has a total call value of 60,478,350,000 versus a total put value of 1,102,800,000 Combined total value = 61,581,150,000
Strike 3800 has a total call value of 67,493,550,000 versus a total put value of 864,000,000 Combined total value = 68,357,550,000
Strike 3820 has a total call value of 75,563,850,000 versus a total put value of 777,600,000 Combined total value = 76,341,450,000
Strike 3840 has a total call value of 83,704,350,000 versus a total put value of 691,200,000 Combined total value = 84,395,550,000
Strike 3850 has a total call value of 87,774,600,000 versus a total put value of 648,000,000 Combined total value = 88,422,600,000
Strike 3860 has a total call value of 91,855,650,000 versus a total put value of 604,800,000 Combined total value = 92,460,450,000
Strike 3880 has a total call value of 100,017,750,000 versus a total put value of 518,400,000 Combined total value = 100,536,150,000
Strike 3900 has a total call value of 108,179,850,000 versus a total put value of 432,000,000 Combined total value = 108,611,850,000
Strike 3920 has a total call value of 116,719,950,000 versus a total put value of 345,600,000 Combined total value = 117,065,550,000
Strike 3940 has a total call value of 125,270,250,000 versus a total put value of 259,200,000 Combined total value = 125,529,450,000
Strike 3950 has a total call value of 129,545,400,000 versus a total put value of 216,000,000 Combined total value = 129,761,400,000
Strike 3960 has a total call value of 133,820,550,000 versus a total put value of 172,800,000 Combined total value = 133,993,350,000
Strike 3980 has a total call value of 142,393,650,000 versus a total put value of 86,400,000 Combined total value = 142,480,050,000
Strike 4000 has a total call value of 150,966,750,000 versus a total put value of 0 Combined total value = 150,966,750,000
Strike 4020 has a total call value of 160,198,950,000 versus a total put value of 0 Combined total value = 160,198,950,000
Strike 4040 has a total call value of 169,431,150,000 versus a total put value of 0 Combined total value = 169,431,150,000
Strike 4050 has a total call value of 174,052,650,000 versus a total put value of 0 Combined total value = 174,052,650,000
Strike 4060 has a total call value of 178,674,150,000 versus a total put value of 0 Combined total value = 178,674,150,000
Strike 4080 has a total call value of 187,917,150,000 versus a total put value of 0 Combined total value = 187,917,150,000
Strike 4100 has a total call value of 197,174,850,000 versus a total put value of 0 Combined total value = 197,174,850,000
Strike 4120 has a total call value of 206,593,050,000 versus a total put value of 0 Combined total value = 206,593,050,000
Strike 4140 has a total call value of 216,011,250,000 versus a total put value of 0 Combined total value = 216,011,250,000
Strike 4150 has a total call value of 220,721,850,000 versus a total put value of 0 Combined total value = 220,721,850,000
Strike 4160 has a total call value of 225,432,450,000 versus a total put value of 0 Combined total value = 225,432,450,000
Strike 4180 has a total call value of 234,853,650,000 versus a total put value of 0 Combined total value = 234,853,650,000
Strike 4200 has a total call value of 244,274,850,000 versus a total put value of 0 Combined total value = 244,274,850,000
Strike 4220 has a total call value of 253,731,150,000 versus a total put value of 0 Combined total value = 253,731,150,000
Strike 4240 has a total call value of 263,187,450,000 versus a total put value of 0 Combined total value = 263,187,450,000
Strike 4250 has a total call value of 267,915,600,000 versus a total put value of 0 Combined total value = 267,915,600,000
Strike 4260 has a total call value of 272,643,750,000 versus a total put value of 0 Combined total value = 272,643,750,000
Strike 4280 has a total call value of 282,100,950,000 versus a total put value of 0 Combined total value = 282,100,950,000
Strike 4300 has a total call value of 291,558,150,000 versus a total put value of 0 Combined total value = 291,558,150,000
Strike 4320 has a total call value of 301,015,350,000 versus a total put value of 0 Combined total value = 301,015,350,000
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.