LT
LARSEN & TOUBRO LTD.
Max pain for LT
18 Apr 2024 06:52 PM IST
Max Pain for LT is 3620
Strike 3200 has a total call value of 0 versus a total put value of 135,907,200,000 Combined total value = 135,907,200,000
Strike 3220 has a total call value of 30,600,000 versus a total put value of 128,863,800,000 Combined total value = 128,894,400,000
Strike 3240 has a total call value of 61,200,000 versus a total put value of 121,820,400,000 Combined total value = 121,881,600,000
Strike 3260 has a total call value of 91,800,000 versus a total put value of 114,777,000,000 Combined total value = 114,868,800,000
Strike 3280 has a total call value of 122,400,000 versus a total put value of 107,733,600,000 Combined total value = 107,856,000,000
Strike 3300 has a total call value of 154,200,000 versus a total put value of 100,723,200,000 Combined total value = 100,877,400,000
Strike 3320 has a total call value of 193,800,000 versus a total put value of 94,051,800,000 Combined total value = 94,245,600,000
Strike 3340 has a total call value of 234,600,000 versus a total put value of 87,395,400,000 Combined total value = 87,630,000,000
Strike 3360 has a total call value of 275,400,000 versus a total put value of 80,807,400,000 Combined total value = 81,082,800,000
Strike 3380 has a total call value of 316,200,000 versus a total put value of 74,366,400,000 Combined total value = 74,682,600,000
Strike 3400 has a total call value of 358,800,000 versus a total put value of 68,004,000,000 Combined total value = 68,362,800,000
Strike 3420 has a total call value of 417,600,000 versus a total put value of 62,265,000,000 Combined total value = 62,682,600,000
Strike 3440 has a total call value of 478,200,000 versus a total put value of 56,631,000,000 Combined total value = 57,109,200,000
Strike 3460 has a total call value of 540,600,000 versus a total put value of 51,113,400,000 Combined total value = 51,654,000,000
Strike 3480 has a total call value of 606,000,000 versus a total put value of 45,707,400,000 Combined total value = 46,313,400,000
Strike 3500 has a total call value of 680,400,000 versus a total put value of 40,435,200,000 Combined total value = 41,115,600,000
Strike 3520 has a total call value of 1,016,400,000 versus a total put value of 35,925,000,000 Combined total value = 36,941,400,000
Strike 3540 has a total call value of 1,374,600,000 versus a total put value of 31,551,600,000 Combined total value = 32,926,200,000
Strike 3560 has a total call value of 1,839,000,000 versus a total put value of 27,493,200,000 Combined total value = 29,332,200,000
Strike 3580 has a total call value of 2,584,200,000 versus a total put value of 23,725,200,000 Combined total value = 26,309,400,000
Strike 3600 has a total call value of 3,565,800,000 versus a total put value of 20,152,200,000 Combined total value = 23,718,000,000
Strike 3620 has a total call value of 6,053,400,000 versus a total put value of 17,422,800,000 Combined total value = 23,476,200,000
Strike 3640 has a total call value of 8,858,400,000 versus a total put value of 14,805,000,000 Combined total value = 23,663,400,000
Strike 3660 has a total call value of 12,037,200,000 versus a total put value of 12,403,800,000 Combined total value = 24,441,000,000
Strike 3680 has a total call value of 16,051,800,000 versus a total put value of 10,172,400,000 Combined total value = 26,224,200,000
Strike 3700 has a total call value of 20,488,800,000 versus a total put value of 8,044,800,000 Combined total value = 28,533,600,000
Strike 3720 has a total call value of 26,571,600,000 versus a total put value of 6,573,600,000 Combined total value = 33,145,200,000
Strike 3740 has a total call value of 33,013,800,000 versus a total put value of 5,186,400,000 Combined total value = 38,200,200,000
Strike 3760 has a total call value of 39,928,800,000 versus a total put value of 3,941,400,000 Combined total value = 43,870,200,000
Strike 3780 has a total call value of 48,027,600,000 versus a total put value of 2,877,000,000 Combined total value = 50,904,600,000
Strike 3800 has a total call value of 56,854,800,000 versus a total put value of 1,974,600,000 Combined total value = 58,829,400,000
Strike 3820 has a total call value of 69,442,200,000 versus a total put value of 1,477,200,000 Combined total value = 70,919,400,000
Strike 3840 has a total call value of 82,667,400,000 versus a total put value of 1,084,200,000 Combined total value = 83,751,600,000
Strike 3860 has a total call value of 96,463,200,000 versus a total put value of 801,600,000 Combined total value = 97,264,800,000
Strike 3880 has a total call value of 110,988,000,000 versus a total put value of 580,800,000 Combined total value = 111,568,800,000
Strike 3900 has a total call value of 125,745,600,000 versus a total put value of 360,000,000 Combined total value = 126,105,600,000
Strike 3920 has a total call value of 142,021,200,000 versus a total put value of 288,000,000 Combined total value = 142,309,200,000
Strike 3940 has a total call value of 158,626,200,000 versus a total put value of 216,000,000 Combined total value = 158,842,200,000
Strike 3960 has a total call value of 175,390,200,000 versus a total put value of 144,000,000 Combined total value = 175,534,200,000
Strike 3980 has a total call value of 192,308,400,000 versus a total put value of 72,000,000 Combined total value = 192,380,400,000
Strike 4000 has a total call value of 209,326,800,000 versus a total put value of 0 Combined total value = 209,326,800,000
Strike 4020 has a total call value of 228,035,400,000 versus a total put value of 0 Combined total value = 228,035,400,000
Strike 4040 has a total call value of 246,809,400,000 versus a total put value of 0 Combined total value = 246,809,400,000
Strike 4060 has a total call value of 265,653,600,000 versus a total put value of 0 Combined total value = 265,653,600,000
Strike 4080 has a total call value of 284,589,000,000 versus a total put value of 0 Combined total value = 284,589,000,000
Strike 4100 has a total call value of 303,754,200,000 versus a total put value of 0 Combined total value = 303,754,200,000
Strike 4120 has a total call value of 322,919,400,000 versus a total put value of 0 Combined total value = 322,919,400,000
Strike 4140 has a total call value of 342,214,800,000 versus a total put value of 0 Combined total value = 342,214,800,000
Strike 4160 has a total call value of 361,510,200,000 versus a total put value of 0 Combined total value = 361,510,200,000
Strike 4180 has a total call value of 380,965,200,000 versus a total put value of 0 Combined total value = 380,965,200,000
Strike 4200 has a total call value of 400,420,200,000 versus a total put value of 0 Combined total value = 400,420,200,000
Strike 4220 has a total call value of 420,533,400,000 versus a total put value of 0 Combined total value = 420,533,400,000
Strike 4240 has a total call value of 440,646,600,000 versus a total put value of 0 Combined total value = 440,646,600,000
Strike 4260 has a total call value of 460,932,600,000 versus a total put value of 0 Combined total value = 460,932,600,000
Strike 4280 has a total call value of 481,218,600,000 versus a total put value of 0 Combined total value = 481,218,600,000
Strike 4300 has a total call value of 501,519,600,000 versus a total put value of 0 Combined total value = 501,519,600,000
Strike 4320 has a total call value of 521,820,600,000 versus a total put value of 0 Combined total value = 521,820,600,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.