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OFSS
ORACLE FIN SERV SOFT LTD.

7627.6 -26.25 (-0.34%)

Max pain for OFSS

23 May 2024 04:07 PM IST

Max Pain for OFSS is 7660  



Strike  5960  has a total call value of 0  versus a total put value of  25,452,000,000 Combined total value = 25,452,000,000

Strike  6000  has a total call value of 0  versus a total put value of  24,685,200,000 Combined total value = 24,685,200,000

Strike  6060  has a total call value of 0  versus a total put value of  23,535,000,000 Combined total value = 23,535,000,000

Strike  6100  has a total call value of 0  versus a total put value of  22,768,200,000 Combined total value = 22,768,200,000

Strike  6160  has a total call value of 0  versus a total put value of  21,618,000,000 Combined total value = 21,618,000,000

Strike  6200  has a total call value of 0  versus a total put value of  20,851,200,000 Combined total value = 20,851,200,000

Strike  6260  has a total call value of 0  versus a total put value of  19,701,000,000 Combined total value = 19,701,000,000

Strike  6300  has a total call value of 0  versus a total put value of  19,017,800,000 Combined total value = 19,017,800,000

Strike  6360  has a total call value of 0  versus a total put value of  17,993,000,000 Combined total value = 17,993,000,000

Strike  6400  has a total call value of 0  versus a total put value of  17,324,600,000 Combined total value = 17,324,600,000

Strike  6460  has a total call value of 0  versus a total put value of  16,322,000,000 Combined total value = 16,322,000,000

Strike  6500  has a total call value of 0  versus a total put value of  15,653,600,000 Combined total value = 15,653,600,000

Strike  6560  has a total call value of 0  versus a total put value of  14,651,000,000 Combined total value = 14,651,000,000

Strike  6600  has a total call value of 0  versus a total put value of  14,017,400,000 Combined total value = 14,017,400,000

Strike  6660  has a total call value of 0  versus a total put value of  13,067,000,000 Combined total value = 13,067,000,000

Strike  6700  has a total call value of 0  versus a total put value of  12,439,800,000 Combined total value = 12,439,800,000

Strike  6760  has a total call value of 0  versus a total put value of  11,499,000,000 Combined total value = 11,499,000,000

Strike  6800  has a total call value of 0  versus a total put value of  10,871,800,000 Combined total value = 10,871,800,000

Strike  6860  has a total call value of 0  versus a total put value of  9,931,000,000 Combined total value = 9,931,000,000

Strike  6900  has a total call value of 0  versus a total put value of  9,303,800,000 Combined total value = 9,303,800,000

Strike  6960  has a total call value of 0  versus a total put value of  8,363,000,000 Combined total value = 8,363,000,000

Strike  7000  has a total call value of 0  versus a total put value of  7,762,600,000 Combined total value = 7,762,600,000

Strike  7060  has a total call value of 0  versus a total put value of  6,862,000,000 Combined total value = 6,862,000,000

Strike  7100  has a total call value of 0  versus a total put value of  6,286,000,000 Combined total value = 6,286,000,000

Strike  7160  has a total call value of 0  versus a total put value of  5,422,000,000 Combined total value = 5,422,000,000

Strike  7200  has a total call value of 0  versus a total put value of  4,882,400,000 Combined total value = 4,882,400,000

Strike  7260  has a total call value of 0  versus a total put value of  4,073,000,000 Combined total value = 4,073,000,000

Strike  7300  has a total call value of 64,400,000  versus a total put value of  3,602,200,000 Combined total value = 3,666,600,000

Strike  7360  has a total call value of 161,000,000  versus a total put value of  2,896,000,000 Combined total value = 3,057,000,000

Strike  7400  has a total call value of 263,800,000  versus a total put value of  2,472,400,000 Combined total value = 2,736,200,000

Strike  7460  has a total call value of 418,000,000  versus a total put value of  1,877,200,000 Combined total value = 2,295,200,000

Strike  7500  has a total call value of 552,400,000  versus a total put value of  1,522,000,000 Combined total value = 2,074,400,000

Strike  7560  has a total call value of 754,000,000  versus a total put value of  1,145,800,000 Combined total value = 1,899,800,000

Strike  7600  has a total call value of 932,000,000  versus a total put value of  895,000,000 Combined total value = 1,827,000,000

Strike  7660  has a total call value of 1,235,000,000  versus a total put value of  572,200,000 Combined total value = 1,807,200,000

Strike  7700  has a total call value of 1,459,800,000  versus a total put value of  375,000,000 Combined total value = 1,834,800,000

Strike  7760  has a total call value of 1,915,200,000  versus a total put value of  132,000,000 Combined total value = 2,047,200,000

Strike  7800  has a total call value of 2,388,400,000  versus a total put value of  80,400,000 Combined total value = 2,468,800,000

Strike  7860  has a total call value of 3,347,800,000  versus a total put value of  45,000,000 Combined total value = 3,392,800,000

Strike  7900  has a total call value of 4,019,400,000  versus a total put value of  31,000,000 Combined total value = 4,050,400,000

Strike  7960  has a total call value of 5,169,600,000  versus a total put value of  10,000,000 Combined total value = 5,179,600,000

Strike  8000  has a total call value of 5,987,200,000  versus a total put value of  6,000,000 Combined total value = 5,993,200,000

Strike  8060  has a total call value of 7,722,400,000  versus a total put value of  0 Combined total value = 7,722,400,000

Strike  8100  has a total call value of 8,918,000,000  versus a total put value of  0 Combined total value = 8,918,000,000

Strike  8160  has a total call value of 10,769,000,000  versus a total put value of  0 Combined total value = 10,769,000,000

Strike  8200  has a total call value of 12,020,200,000  versus a total put value of  0 Combined total value = 12,020,200,000

Strike  8260  has a total call value of 13,964,800,000  versus a total put value of  0 Combined total value = 13,964,800,000

Strike  8300  has a total call value of 15,430,000,000  versus a total put value of  0 Combined total value = 15,430,000,000

Strike  8360  has a total call value of 17,659,600,000  versus a total put value of  0 Combined total value = 17,659,600,000

Strike  8400  has a total call value of 19,198,800,000  versus a total put value of  0 Combined total value = 19,198,800,000

Strike  8460  has a total call value of 21,530,400,000  versus a total put value of  0 Combined total value = 21,530,400,000

Strike  8500  has a total call value of 23,137,200,000  versus a total put value of  0 Combined total value = 23,137,200,000

Strike  8560  has a total call value of 25,705,800,000  versus a total put value of  0 Combined total value = 25,705,800,000

Strike  8600  has a total call value of 27,460,600,000  versus a total put value of  0 Combined total value = 27,460,600,000

Strike  8660  has a total call value of 30,107,200,000  versus a total put value of  0 Combined total value = 30,107,200,000

Strike  8700  has a total call value of 31,878,000,000  versus a total put value of  0 Combined total value = 31,878,000,000

Strike  8760  has a total call value of 34,534,200,000  versus a total put value of  0 Combined total value = 34,534,200,000

Strike  8800  has a total call value of 36,695,000,000  versus a total put value of  0 Combined total value = 36,695,000,000

Strike  8860  has a total call value of 39,936,200,000  versus a total put value of  0 Combined total value = 39,936,200,000

Strike  8900  has a total call value of 42,097,000,000  versus a total put value of  0 Combined total value = 42,097,000,000

Strike  8960  has a total call value of 45,338,200,000  versus a total put value of  0 Combined total value = 45,338,200,000

Strike  9000  has a total call value of 47,499,000,000  versus a total put value of  0 Combined total value = 47,499,000,000

Strike  9060  has a total call value of 50,765,400,000  versus a total put value of  0 Combined total value = 50,765,400,000

Strike  9100  has a total call value of 52,943,000,000  versus a total put value of  0 Combined total value = 52,943,000,000

Strike  9160  has a total call value of 56,209,400,000  versus a total put value of  0 Combined total value = 56,209,400,000

Strike  9200  has a total call value of 58,468,200,000  versus a total put value of  0 Combined total value = 58,468,200,000

Strike  9260  has a total call value of 61,856,400,000  versus a total put value of  0 Combined total value = 61,856,400,000

Strike  9300  has a total call value of 64,178,000,000  versus a total put value of  0 Combined total value = 64,178,000,000

Strike  9360  has a total call value of 67,660,400,000  versus a total put value of  0 Combined total value = 67,660,400,000

Strike  9400  has a total call value of 69,982,000,000  versus a total put value of  0 Combined total value = 69,982,000,000

Strike  9460  has a total call value of 73,464,400,000  versus a total put value of  0 Combined total value = 73,464,400,000

Strike  9500  has a total call value of 75,786,000,000  versus a total put value of  0 Combined total value = 75,786,000,000

Strike  9560  has a total call value of 79,268,400,000  versus a total put value of  0 Combined total value = 79,268,400,000

Strike  9600  has a total call value of 81,590,000,000  versus a total put value of  0 Combined total value = 81,590,000,000

Strike  9660  has a total call value of 85,072,400,000  versus a total put value of  0 Combined total value = 85,072,400,000

Strike  9700  has a total call value of 87,394,000,000  versus a total put value of  0 Combined total value = 87,394,000,000

Strike  9760  has a total call value of 90,876,400,000  versus a total put value of  0 Combined total value = 90,876,400,000

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.