LUPIN
LUPIN LIMITED
Max pain for LUPIN
19 Mar 2024 03:50 PM IST
Max Pain for LUPIN is 1610
Strike 1120 has a total call value of 0 versus a total put value of 62,174,950,000 Combined total value = 62,174,950,000
Strike 1130 has a total call value of 5,950,000 versus a total put value of 60,792,850,000 Combined total value = 60,798,800,000
Strike 1140 has a total call value of 11,900,000 versus a total put value of 59,410,750,000 Combined total value = 59,422,650,000
Strike 1150 has a total call value of 17,850,000 versus a total put value of 58,028,650,000 Combined total value = 58,046,500,000
Strike 1160 has a total call value of 39,100,000 versus a total put value of 56,646,550,000 Combined total value = 56,685,650,000
Strike 1170 has a total call value of 60,350,000 versus a total put value of 55,264,450,000 Combined total value = 55,324,800,000
Strike 1180 has a total call value of 81,600,000 versus a total put value of 53,882,350,000 Combined total value = 53,963,950,000
Strike 1190 has a total call value of 102,850,000 versus a total put value of 52,500,250,000 Combined total value = 52,603,100,000
Strike 1200 has a total call value of 124,100,000 versus a total put value of 51,118,150,000 Combined total value = 51,242,250,000
Strike 1210 has a total call value of 145,350,000 versus a total put value of 49,736,050,000 Combined total value = 49,881,400,000
Strike 1220 has a total call value of 166,600,000 versus a total put value of 48,353,950,000 Combined total value = 48,520,550,000
Strike 1230 has a total call value of 187,850,000 versus a total put value of 46,971,850,000 Combined total value = 47,159,700,000
Strike 1240 has a total call value of 209,100,000 versus a total put value of 45,589,750,000 Combined total value = 45,798,850,000
Strike 1250 has a total call value of 230,350,000 versus a total put value of 44,207,650,000 Combined total value = 44,438,000,000
Strike 1260 has a total call value of 251,600,000 versus a total put value of 42,825,550,000 Combined total value = 43,077,150,000
Strike 1270 has a total call value of 272,850,000 versus a total put value of 41,443,450,000 Combined total value = 41,716,300,000
Strike 1280 has a total call value of 294,100,000 versus a total put value of 40,061,350,000 Combined total value = 40,355,450,000
Strike 1290 has a total call value of 315,350,000 versus a total put value of 38,679,250,000 Combined total value = 38,994,600,000
Strike 1300 has a total call value of 336,600,000 versus a total put value of 37,297,150,000 Combined total value = 37,633,750,000
Strike 1310 has a total call value of 357,850,000 versus a total put value of 35,915,050,000 Combined total value = 36,272,900,000
Strike 1320 has a total call value of 379,100,000 versus a total put value of 34,532,950,000 Combined total value = 34,912,050,000
Strike 1330 has a total call value of 400,350,000 versus a total put value of 33,150,850,000 Combined total value = 33,551,200,000
Strike 1340 has a total call value of 421,600,000 versus a total put value of 31,768,750,000 Combined total value = 32,190,350,000
Strike 1350 has a total call value of 442,850,000 versus a total put value of 30,386,650,000 Combined total value = 30,829,500,000
Strike 1360 has a total call value of 464,100,000 versus a total put value of 29,004,550,000 Combined total value = 29,468,650,000
Strike 1370 has a total call value of 485,350,000 versus a total put value of 27,622,450,000 Combined total value = 28,107,800,000
Strike 1380 has a total call value of 506,600,000 versus a total put value of 26,240,350,000 Combined total value = 26,746,950,000
Strike 1390 has a total call value of 527,850,000 versus a total put value of 24,858,250,000 Combined total value = 25,386,100,000
Strike 1400 has a total call value of 549,100,000 versus a total put value of 23,476,150,000 Combined total value = 24,025,250,000
Strike 1410 has a total call value of 570,350,000 versus a total put value of 22,116,150,000 Combined total value = 22,686,500,000
Strike 1420 has a total call value of 591,600,000 versus a total put value of 20,756,150,000 Combined total value = 21,347,750,000
Strike 1430 has a total call value of 612,850,000 versus a total put value of 19,396,150,000 Combined total value = 20,009,000,000
Strike 1440 has a total call value of 634,100,000 versus a total put value of 18,036,150,000 Combined total value = 18,670,250,000
Strike 1450 has a total call value of 655,350,000 versus a total put value of 16,676,150,000 Combined total value = 17,331,500,000
Strike 1460 has a total call value of 676,600,000 versus a total put value of 15,374,800,000 Combined total value = 16,051,400,000
Strike 1470 has a total call value of 697,850,000 versus a total put value of 14,073,450,000 Combined total value = 14,771,300,000
Strike 1480 has a total call value of 719,100,000 versus a total put value of 12,772,100,000 Combined total value = 13,491,200,000
Strike 1490 has a total call value of 740,350,000 versus a total put value of 11,513,250,000 Combined total value = 12,253,600,000
Strike 1500 has a total call value of 761,600,000 versus a total put value of 10,254,400,000 Combined total value = 11,016,000,000
Strike 1510 has a total call value of 782,850,000 versus a total put value of 9,213,150,000 Combined total value = 9,996,000,000
Strike 1520 has a total call value of 804,100,000 versus a total put value of 8,171,900,000 Combined total value = 8,976,000,000
Strike 1530 has a total call value of 825,350,000 versus a total put value of 7,130,650,000 Combined total value = 7,956,000,000
Strike 1540 has a total call value of 846,600,000 versus a total put value of 6,121,700,000 Combined total value = 6,968,300,000
Strike 1550 has a total call value of 867,850,000 versus a total put value of 5,210,500,000 Combined total value = 6,078,350,000
Strike 1560 has a total call value of 898,450,000 versus a total put value of 4,450,600,000 Combined total value = 5,349,050,000
Strike 1570 has a total call value of 929,050,000 versus a total put value of 3,762,950,000 Combined total value = 4,692,000,000
Strike 1580 has a total call value of 959,650,000 versus a total put value of 3,075,300,000 Combined total value = 4,034,950,000
Strike 1590 has a total call value of 1,042,100,000 versus a total put value of 2,501,550,000 Combined total value = 3,543,650,000
Strike 1600 has a total call value of 1,124,550,000 versus a total put value of 1,945,650,000 Combined total value = 3,070,200,000
Strike 1610 has a total call value of 1,414,400,000 versus a total put value of 1,620,950,000 Combined total value = 3,035,350,000
Strike 1620 has a total call value of 1,751,850,000 versus a total put value of 1,321,750,000 Combined total value = 3,073,600,000
Strike 1630 has a total call value of 2,208,300,000 versus a total put value of 1,069,300,000 Combined total value = 3,277,600,000
Strike 1640 has a total call value of 2,726,800,000 versus a total put value of 858,500,000 Combined total value = 3,585,300,000
Strike 1650 has a total call value of 3,402,550,000 versus a total put value of 699,550,000 Combined total value = 4,102,100,000
Strike 1660 has a total call value of 4,078,300,000 versus a total put value of 540,600,000 Combined total value = 4,618,900,000
Strike 1670 has a total call value of 4,924,050,000 versus a total put value of 425,000,000 Combined total value = 5,349,050,000
Strike 1680 has a total call value of 5,769,800,000 versus a total put value of 309,400,000 Combined total value = 6,079,200,000
Strike 1690 has a total call value of 6,814,450,000 versus a total put value of 226,950,000 Combined total value = 7,041,400,000
Strike 1700 has a total call value of 7,859,100,000 versus a total put value of 144,500,000 Combined total value = 8,003,600,000
Strike 1710 has a total call value of 9,508,100,000 versus a total put value of 130,050,000 Combined total value = 9,638,150,000
Strike 1720 has a total call value of 11,157,100,000 versus a total put value of 115,600,000 Combined total value = 11,272,700,000
Strike 1730 has a total call value of 13,099,350,000 versus a total put value of 101,150,000 Combined total value = 13,200,500,000
Strike 1740 has a total call value of 15,041,600,000 versus a total put value of 86,700,000 Combined total value = 15,128,300,000
Strike 1750 has a total call value of 17,127,500,000 versus a total put value of 72,250,000 Combined total value = 17,199,750,000
Strike 1760 has a total call value of 19,213,400,000 versus a total put value of 57,800,000 Combined total value = 19,271,200,000
Strike 1770 has a total call value of 21,589,150,000 versus a total put value of 43,350,000 Combined total value = 21,632,500,000
Strike 1780 has a total call value of 23,964,900,000 versus a total put value of 28,900,000 Combined total value = 23,993,800,000
Strike 1790 has a total call value of 26,503,000,000 versus a total put value of 14,450,000 Combined total value = 26,517,450,000
Strike 1800 has a total call value of 29,041,100,000 versus a total put value of 0 Combined total value = 29,041,100,000
Strike 1810 has a total call value of 31,943,000,000 versus a total put value of 0 Combined total value = 31,943,000,000
Strike 1820 has a total call value of 34,844,900,000 versus a total put value of 0 Combined total value = 34,844,900,000
Strike 1830 has a total call value of 37,753,600,000 versus a total put value of 0 Combined total value = 37,753,600,000
Strike 1840 has a total call value of 40,662,300,000 versus a total put value of 0 Combined total value = 40,662,300,000
Strike 1860 has a total call value of 46,501,800,000 versus a total put value of 0 Combined total value = 46,501,800,000
Strike 1880 has a total call value of 52,477,300,000 versus a total put value of 0 Combined total value = 52,477,300,000
Strike 1900 has a total call value of 58,480,000,000 versus a total put value of 0 Combined total value = 58,480,000,000
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.