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LTTS
L&T TECHNOLOGY SER. LTD.

4617.65 29.51 (0.64%)

Max pain for LTTS

23 May 2024 04:07 PM IST

Max Pain for LTTS is 4600  



Strike  3900  has a total call value of 0  versus a total put value of  34,095,500,000 Combined total value = 34,095,500,000

Strike  3950  has a total call value of 0  versus a total put value of  31,630,500,000 Combined total value = 31,630,500,000

Strike  4000  has a total call value of 0  versus a total put value of  29,165,500,000 Combined total value = 29,165,500,000

Strike  4050  has a total call value of 0  versus a total put value of  26,906,500,000 Combined total value = 26,906,500,000

Strike  4100  has a total call value of 0  versus a total put value of  24,652,500,000 Combined total value = 24,652,500,000

Strike  4150  has a total call value of 0  versus a total put value of  22,455,000,000 Combined total value = 22,455,000,000

Strike  4200  has a total call value of 0  versus a total put value of  20,324,500,000 Combined total value = 20,324,500,000

Strike  4250  has a total call value of 0  versus a total put value of  18,363,500,000 Combined total value = 18,363,500,000

Strike  4300  has a total call value of 0  versus a total put value of  16,429,000,000 Combined total value = 16,429,000,000

Strike  4350  has a total call value of 12,500,000  versus a total put value of  14,666,500,000 Combined total value = 14,679,000,000

Strike  4400  has a total call value of 37,500,000  versus a total put value of  12,975,500,000 Combined total value = 13,013,000,000

Strike  4450  has a total call value of 148,500,000  versus a total put value of  11,535,000,000 Combined total value = 11,683,500,000

Strike  4500  has a total call value of 283,500,000  versus a total put value of  10,141,500,000 Combined total value = 10,425,000,000

Strike  4550  has a total call value of 628,500,000  versus a total put value of  9,025,000,000 Combined total value = 9,653,500,000

Strike  4600  has a total call value of 1,059,500,000  versus a total put value of  7,956,000,000 Combined total value = 9,015,500,000

Strike  4650  has a total call value of 2,097,000,000  versus a total put value of  7,076,000,000 Combined total value = 9,173,000,000

Strike  4700  has a total call value of 3,293,000,000  versus a total put value of  6,214,500,000 Combined total value = 9,507,500,000

Strike  4750  has a total call value of 5,086,500,000  versus a total put value of  5,522,500,000 Combined total value = 10,609,000,000

Strike  4800  has a total call value of 7,044,000,000  versus a total put value of  4,855,000,000 Combined total value = 11,899,000,000

Strike  4850  has a total call value of 9,851,500,000  versus a total put value of  4,291,000,000 Combined total value = 14,142,500,000

Strike  4900  has a total call value of 12,744,500,000  versus a total put value of  3,727,000,000 Combined total value = 16,471,500,000

Strike  4950  has a total call value of 15,935,500,000  versus a total put value of  3,199,000,000 Combined total value = 19,134,500,000

Strike  5000  has a total call value of 19,219,000,000  versus a total put value of  2,686,000,000 Combined total value = 21,905,000,000

Strike  5050  has a total call value of 23,966,500,000  versus a total put value of  2,290,500,000 Combined total value = 26,257,000,000

Strike  5100  has a total call value of 28,732,000,000  versus a total put value of  1,895,000,000 Combined total value = 30,627,000,000

Strike  5150  has a total call value of 33,783,000,000  versus a total put value of  1,559,500,000 Combined total value = 35,342,500,000

Strike  5200  has a total call value of 38,854,500,000  versus a total put value of  1,224,000,000 Combined total value = 40,078,500,000

Strike  5250  has a total call value of 44,279,500,000  versus a total put value of  978,000,000 Combined total value = 45,257,500,000

Strike  5300  has a total call value of 49,724,000,000  versus a total put value of  732,000,000 Combined total value = 50,456,000,000

Strike  5350  has a total call value of 55,304,500,000  versus a total put value of  542,500,000 Combined total value = 55,847,000,000

Strike  5400  has a total call value of 60,894,500,000  versus a total put value of  353,000,000 Combined total value = 61,247,500,000

Strike  5450  has a total call value of 66,712,000,000  versus a total put value of  208,500,000 Combined total value = 66,920,500,000

Strike  5500  has a total call value of 72,529,500,000  versus a total put value of  64,000,000 Combined total value = 72,593,500,000

Strike  5550  has a total call value of 78,624,000,000  versus a total put value of  40,000,000 Combined total value = 78,664,000,000

Strike  5600  has a total call value of 84,718,500,000  versus a total put value of  16,000,000 Combined total value = 84,734,500,000

Strike  5650  has a total call value of 91,027,000,000  versus a total put value of  8,000,000 Combined total value = 91,035,000,000

Strike  5700  has a total call value of 97,335,500,000  versus a total put value of  0 Combined total value = 97,335,500,000

Strike  5750  has a total call value of 103,704,000,000  versus a total put value of  0 Combined total value = 103,704,000,000

Strike  5800  has a total call value of 110,072,500,000  versus a total put value of  0 Combined total value = 110,072,500,000

Strike  5850  has a total call value of 116,584,000,000  versus a total put value of  0 Combined total value = 116,584,000,000

Strike  5900  has a total call value of 123,095,500,000  versus a total put value of  0 Combined total value = 123,095,500,000

Strike  5950  has a total call value of 129,607,000,000  versus a total put value of  0 Combined total value = 129,607,000,000

Strike  6000  has a total call value of 136,118,500,000  versus a total put value of  0 Combined total value = 136,118,500,000

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.