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LUPIN
LUPIN LIMITED

1616.8 16.85 (1.05%)


Strike  1360  has a total call value of 0  versus a total put value of  7,842,100,000 Combined total value = 7,842,100,000

Strike  1380  has a total call value of 15,300,000  versus a total put value of  7,082,200,000 Combined total value = 7,097,500,000

Strike  1400  has a total call value of 30,600,000  versus a total put value of  6,322,300,000 Combined total value = 6,352,900,000

Strike  1420  has a total call value of 88,400,000  versus a total put value of  5,598,100,000 Combined total value = 5,686,500,000

Strike  1440  has a total call value of 146,200,000  versus a total put value of  4,873,900,000 Combined total value = 5,020,100,000

Strike  1460  has a total call value of 204,000,000  versus a total put value of  4,149,700,000 Combined total value = 4,353,700,000

Strike  1480  has a total call value of 261,800,000  versus a total put value of  3,427,200,000 Combined total value = 3,689,000,000

Strike  1500  has a total call value of 319,600,000  versus a total put value of  2,704,700,000 Combined total value = 3,024,300,000

Strike  1520  has a total call value of 382,500,000  versus a total put value of  2,121,600,000 Combined total value = 2,504,100,000

Strike  1540  has a total call value of 445,400,000  versus a total put value of  1,538,500,000 Combined total value = 1,983,900,000

Strike  1560  has a total call value of 508,300,000  versus a total put value of  1,016,600,000 Combined total value = 1,524,900,000

Strike  1580  has a total call value of 571,200,000  versus a total put value of  606,900,000 Combined total value = 1,178,100,000

Strike  1600  has a total call value of 634,100,000  versus a total put value of  283,900,000 Combined total value = 918,000,000

Strike  1620  has a total call value of 834,700,000  versus a total put value of  197,200,000 Combined total value = 1,031,900,000

Strike  1640  has a total call value of 1,115,200,000  versus a total put value of  142,800,000 Combined total value = 1,258,000,000

Strike  1660  has a total call value of 1,467,100,000  versus a total put value of  98,600,000 Combined total value = 1,565,700,000

Strike  1680  has a total call value of 1,982,200,000  versus a total put value of  57,800,000 Combined total value = 2,040,000,000

Strike  1700  has a total call value of 2,538,100,000  versus a total put value of  17,000,000 Combined total value = 2,555,100,000

Strike  1720  has a total call value of 3,343,900,000  versus a total put value of  13,600,000 Combined total value = 3,357,500,000

Strike  1740  has a total call value of 4,171,800,000  versus a total put value of  10,200,000 Combined total value = 4,182,000,000

Strike  1760  has a total call value of 5,035,400,000  versus a total put value of  6,800,000 Combined total value = 5,042,200,000

Strike  1780  has a total call value of 5,899,000,000  versus a total put value of  3,400,000 Combined total value = 5,902,400,000

Strike  1800  has a total call value of 6,762,600,000  versus a total put value of  0 Combined total value = 6,762,600,000

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.