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MCX
MULTI COMMODITY EXCHANGE

3095.45 -34.20 (-1.09%)


Strike  1800  has a total call value of 0  versus a total put value of  158,799,200,000 Combined total value = 158,799,200,000

Strike  1820  has a total call value of 8,800,000  versus a total put value of  154,581,600,000 Combined total value = 154,590,400,000

Strike  1840  has a total call value of 17,600,000  versus a total put value of  150,364,000,000 Combined total value = 150,381,600,000

Strike  1860  has a total call value of 26,400,000  versus a total put value of  146,146,400,000 Combined total value = 146,172,800,000

Strike  1880  has a total call value of 35,200,000  versus a total put value of  141,928,800,000 Combined total value = 141,964,000,000

Strike  1900  has a total call value of 44,000,000  versus a total put value of  137,711,200,000 Combined total value = 137,755,200,000

Strike  1920  has a total call value of 56,000,000  versus a total put value of  133,640,000,000 Combined total value = 133,696,000,000

Strike  1940  has a total call value of 68,000,000  versus a total put value of  129,578,400,000 Combined total value = 129,646,400,000

Strike  1960  has a total call value of 80,000,000  versus a total put value of  125,524,000,000 Combined total value = 125,604,000,000

Strike  1980  has a total call value of 92,000,000  versus a total put value of  121,472,000,000 Combined total value = 121,564,000,000

Strike  2000  has a total call value of 104,000,000  versus a total put value of  117,422,400,000 Combined total value = 117,526,400,000

Strike  2020  has a total call value of 163,200,000  versus a total put value of  113,546,400,000 Combined total value = 113,709,600,000

Strike  2040  has a total call value of 222,400,000  versus a total put value of  109,674,400,000 Combined total value = 109,896,800,000

Strike  2060  has a total call value of 281,600,000  versus a total put value of  105,808,800,000 Combined total value = 106,090,400,000

Strike  2080  has a total call value of 340,800,000  versus a total put value of  101,943,200,000 Combined total value = 102,284,000,000

Strike  2100  has a total call value of 400,000,000  versus a total put value of  98,077,600,000 Combined total value = 98,477,600,000

Strike  2120  has a total call value of 536,000,000  versus a total put value of  94,370,400,000 Combined total value = 94,906,400,000

Strike  2140  has a total call value of 672,000,000  versus a total put value of  90,695,200,000 Combined total value = 91,367,200,000

Strike  2160  has a total call value of 808,000,000  versus a total put value of  87,049,600,000 Combined total value = 87,857,600,000

Strike  2180  has a total call value of 944,000,000  versus a total put value of  83,434,400,000 Combined total value = 84,378,400,000

Strike  2200  has a total call value of 1,080,000,000  versus a total put value of  79,842,400,000 Combined total value = 80,922,400,000

Strike  2220  has a total call value of 1,276,800,000  versus a total put value of  76,568,000,000 Combined total value = 77,844,800,000

Strike  2240  has a total call value of 1,473,600,000  versus a total put value of  73,320,000,000 Combined total value = 74,793,600,000

Strike  2260  has a total call value of 1,670,400,000  versus a total put value of  70,111,200,000 Combined total value = 71,781,600,000

Strike  2280  has a total call value of 1,867,200,000  versus a total put value of  66,942,400,000 Combined total value = 68,809,600,000

Strike  2300  has a total call value of 2,088,800,000  versus a total put value of  63,804,000,000 Combined total value = 65,892,800,000

Strike  2320  has a total call value of 2,418,400,000  versus a total put value of  60,854,400,000 Combined total value = 63,272,800,000

Strike  2340  has a total call value of 2,761,600,000  versus a total put value of  57,921,600,000 Combined total value = 60,683,200,000

Strike  2360  has a total call value of 3,124,000,000  versus a total put value of  55,052,000,000 Combined total value = 58,176,000,000

Strike  2380  has a total call value of 3,486,400,000  versus a total put value of  52,182,400,000 Combined total value = 55,668,800,000

Strike  2400  has a total call value of 3,867,200,000  versus a total put value of  49,312,800,000 Combined total value = 53,180,000,000

Strike  2420  has a total call value of 4,340,000,000  versus a total put value of  46,656,000,000 Combined total value = 50,996,000,000

Strike  2440  has a total call value of 4,839,200,000  versus a total put value of  43,999,200,000 Combined total value = 48,838,400,000

Strike  2460  has a total call value of 5,363,200,000  versus a total put value of  41,377,600,000 Combined total value = 46,740,800,000

Strike  2480  has a total call value of 5,928,800,000  versus a total put value of  38,824,000,000 Combined total value = 44,752,800,000

Strike  2500  has a total call value of 6,536,800,000  versus a total put value of  36,270,400,000 Combined total value = 42,807,200,000

Strike  2520  has a total call value of 7,276,000,000  versus a total put value of  33,953,600,000 Combined total value = 41,229,600,000

Strike  2540  has a total call value of 8,064,000,000  versus a total put value of  31,680,800,000 Combined total value = 39,744,800,000

Strike  2560  has a total call value of 8,897,600,000  versus a total put value of  29,484,800,000 Combined total value = 38,382,400,000

Strike  2580  has a total call value of 9,782,400,000  versus a total put value of  27,326,400,000 Combined total value = 37,108,800,000

Strike  2600  has a total call value of 10,698,400,000  versus a total put value of  25,241,600,000 Combined total value = 35,940,000,000

Strike  2620  has a total call value of 11,751,200,000  versus a total put value of  23,400,800,000 Combined total value = 35,152,000,000

Strike  2640  has a total call value of 12,952,800,000  versus a total put value of  21,613,600,000 Combined total value = 34,566,400,000

Strike  2660  has a total call value of 14,252,000,000  versus a total put value of  19,890,400,000 Combined total value = 34,142,400,000

Strike  2680  has a total call value of 15,597,600,000  versus a total put value of  18,201,600,000 Combined total value = 33,799,200,000

Strike  2700  has a total call value of 16,986,400,000  versus a total put value of  16,580,800,000 Combined total value = 33,567,200,000

Strike  2720  has a total call value of 18,510,400,000  versus a total put value of  15,160,800,000 Combined total value = 33,671,200,000

Strike  2740  has a total call value of 20,060,800,000  versus a total put value of  13,756,000,000 Combined total value = 33,816,800,000

Strike  2760  has a total call value of 21,701,600,000  versus a total put value of  12,395,200,000 Combined total value = 34,096,800,000

Strike  2780  has a total call value of 23,383,200,000  versus a total put value of  11,071,200,000 Combined total value = 34,454,400,000

Strike  2800  has a total call value of 25,092,000,000  versus a total put value of  9,770,400,000 Combined total value = 34,862,400,000

Strike  2820  has a total call value of 26,937,600,000  versus a total put value of  8,678,400,000 Combined total value = 35,616,000,000

Strike  2840  has a total call value of 28,803,200,000  versus a total put value of  7,614,400,000 Combined total value = 36,417,600,000

Strike  2860  has a total call value of 30,725,600,000  versus a total put value of  6,601,600,000 Combined total value = 37,327,200,000

Strike  2880  has a total call value of 32,688,800,000  versus a total put value of  5,626,400,000 Combined total value = 38,315,200,000

Strike  2900  has a total call value of 34,679,200,000  versus a total put value of  4,683,200,000 Combined total value = 39,362,400,000

Strike  2920  has a total call value of 36,828,000,000  versus a total put value of  3,971,200,000 Combined total value = 40,799,200,000

Strike  2940  has a total call value of 39,013,600,000  versus a total put value of  3,309,600,000 Combined total value = 42,323,200,000

Strike  2960  has a total call value of 41,244,000,000  versus a total put value of  2,693,600,000 Combined total value = 43,937,600,000

Strike  2980  has a total call value of 43,499,200,000  versus a total put value of  2,123,200,000 Combined total value = 45,622,400,000

Strike  3000  has a total call value of 45,793,600,000  versus a total put value of  1,584,800,000 Combined total value = 47,378,400,000

Strike  3020  has a total call value of 48,332,800,000  versus a total put value of  1,284,800,000 Combined total value = 49,617,600,000

Strike  3040  has a total call value of 50,896,800,000  versus a total put value of  1,016,000,000 Combined total value = 51,912,800,000

Strike  3060  has a total call value of 53,483,200,000  versus a total put value of  766,400,000 Combined total value = 54,249,600,000

Strike  3080  has a total call value of 56,123,200,000  versus a total put value of  549,600,000 Combined total value = 56,672,800,000

Strike  3100  has a total call value of 58,782,400,000  versus a total put value of  368,800,000 Combined total value = 59,151,200,000

Strike  3120  has a total call value of 61,617,600,000  versus a total put value of  287,200,000 Combined total value = 61,904,800,000

Strike  3140  has a total call value of 64,496,800,000  versus a total put value of  211,200,000 Combined total value = 64,708,000,000

Strike  3160  has a total call value of 67,443,200,000  versus a total put value of  150,400,000 Combined total value = 67,593,600,000

Strike  3180  has a total call value of 70,501,600,000  versus a total put value of  104,000,000 Combined total value = 70,605,600,000

Strike  3200  has a total call value of 73,609,600,000  versus a total put value of  60,000,000 Combined total value = 73,669,600,000

Strike  3220  has a total call value of 77,137,600,000  versus a total put value of  39,200,000 Combined total value = 77,176,800,000

Strike  3240  has a total call value of 80,736,000,000  versus a total put value of  24,800,000 Combined total value = 80,760,800,000

Strike  3260  has a total call value of 84,390,400,000  versus a total put value of  13,600,000 Combined total value = 84,404,000,000

Strike  3280  has a total call value of 88,088,000,000  versus a total put value of  4,800,000 Combined total value = 88,092,800,000

Strike  3300  has a total call value of 91,809,600,000  versus a total put value of  1,600,000 Combined total value = 91,811,200,000

Strike  3320  has a total call value of 95,806,400,000  versus a total put value of  0 Combined total value = 95,806,400,000

Strike  3340  has a total call value of 99,828,800,000  versus a total put value of  0 Combined total value = 99,828,800,000

Strike  3360  has a total call value of 103,853,600,000  versus a total put value of  0 Combined total value = 103,853,600,000

Strike  3380  has a total call value of 107,883,200,000  versus a total put value of  0 Combined total value = 107,883,200,000

Strike  3400  has a total call value of 111,916,000,000  versus a total put value of  0 Combined total value = 111,916,000,000

Strike  3420  has a total call value of 116,000,800,000  versus a total put value of  0 Combined total value = 116,000,800,000

Strike  3440  has a total call value of 120,085,600,000  versus a total put value of  0 Combined total value = 120,085,600,000

Strike  3460  has a total call value of 124,170,400,000  versus a total put value of  0 Combined total value = 124,170,400,000

Strike  3480  has a total call value of 128,255,200,000  versus a total put value of  0 Combined total value = 128,255,200,000

Strike  3500  has a total call value of 132,340,000,000  versus a total put value of  0 Combined total value = 132,340,000,000

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.