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POLYCAB
POLYCAB INDIA LIMITED

6580 -49.20 (-0.74%)

Max pain for POLYCAB

18 Jul 2024 11:21 AM IST

Max Pain for POLYCAB is 6600  



Strike  5500  has a total call value of 0  versus a total put value of  121,952,500,000 Combined total value = 121,952,500,000

Strike  5550  has a total call value of 20,625,000  versus a total put value of  115,177,500,000 Combined total value = 115,198,125,000

Strike  5600  has a total call value of 41,250,000  versus a total put value of  108,402,500,000 Combined total value = 108,443,750,000

Strike  5650  has a total call value of 61,875,000  versus a total put value of  101,635,000,000 Combined total value = 101,696,875,000

Strike  5700  has a total call value of 82,500,000  versus a total put value of  94,867,500,000 Combined total value = 94,950,000,000

Strike  5750  has a total call value of 103,125,000  versus a total put value of  88,100,000,000 Combined total value = 88,203,125,000

Strike  5800  has a total call value of 123,750,000  versus a total put value of  81,332,500,000 Combined total value = 81,456,250,000

Strike  5850  has a total call value of 144,375,000  versus a total put value of  74,705,000,000 Combined total value = 74,849,375,000

Strike  5900  has a total call value of 165,000,000  versus a total put value of  68,077,500,000 Combined total value = 68,242,500,000

Strike  5950  has a total call value of 185,625,000  versus a total put value of  61,550,000,000 Combined total value = 61,735,625,000

Strike  6000  has a total call value of 206,250,000  versus a total put value of  55,022,500,000 Combined total value = 55,228,750,000

Strike  6050  has a total call value of 226,875,000  versus a total put value of  49,621,875,000 Combined total value = 49,848,750,000

Strike  6100  has a total call value of 247,500,000  versus a total put value of  44,221,250,000 Combined total value = 44,468,750,000

Strike  6150  has a total call value of 268,125,000  versus a total put value of  39,350,625,000 Combined total value = 39,618,750,000

Strike  6200  has a total call value of 288,750,000  versus a total put value of  34,532,500,000 Combined total value = 34,821,250,000

Strike  6250  has a total call value of 335,625,000  versus a total put value of  30,335,000,000 Combined total value = 30,670,625,000

Strike  6300  has a total call value of 382,500,000  versus a total put value of  26,198,750,000 Combined total value = 26,581,250,000

Strike  6350  has a total call value of 481,875,000  versus a total put value of  22,760,000,000 Combined total value = 23,241,875,000

Strike  6400  has a total call value of 581,250,000  versus a total put value of  19,355,000,000 Combined total value = 19,936,250,000

Strike  6450  has a total call value of 770,625,000  versus a total put value of  16,387,500,000 Combined total value = 17,158,125,000

Strike  6500  has a total call value of 1,024,375,000  versus a total put value of  13,484,375,000 Combined total value = 14,508,750,000

Strike  6550  has a total call value of 1,781,875,000  versus a total put value of  11,276,250,000 Combined total value = 13,058,125,000

Strike  6600  has a total call value of 2,793,125,000  versus a total put value of  9,208,125,000 Combined total value = 12,001,250,000

Strike  6650  has a total call value of 4,640,000,000  versus a total put value of  7,458,750,000 Combined total value = 12,098,750,000

Strike  6700  has a total call value of 7,091,875,000  versus a total put value of  5,831,875,000 Combined total value = 12,923,750,000

Strike  6750  has a total call value of 10,513,125,000  versus a total put value of  4,648,750,000 Combined total value = 15,161,875,000

Strike  6800  has a total call value of 14,254,375,000  versus a total put value of  3,580,000,000 Combined total value = 17,834,375,000

Strike  6850  has a total call value of 19,270,000,000  versus a total put value of  3,115,000,000 Combined total value = 22,385,000,000

Strike  6900  has a total call value of 24,386,250,000  versus a total put value of  2,650,000,000 Combined total value = 27,036,250,000

Strike  6950  has a total call value of 29,841,875,000  versus a total put value of  2,185,000,000 Combined total value = 32,026,875,000

Strike  7000  has a total call value of 35,360,625,000  versus a total put value of  1,720,000,000 Combined total value = 37,080,625,000

Strike  7050  has a total call value of 42,392,500,000  versus a total put value of  1,471,875,000 Combined total value = 43,864,375,000

Strike  7100  has a total call value of 49,474,375,000  versus a total put value of  1,223,750,000 Combined total value = 50,698,125,000

Strike  7150  has a total call value of 56,991,250,000  versus a total put value of  975,625,000 Combined total value = 57,966,875,000

Strike  7200  has a total call value of 64,605,000,000  versus a total put value of  750,000,000 Combined total value = 65,355,000,000

Strike  7250  has a total call value of 72,825,625,000  versus a total put value of  524,375,000 Combined total value = 73,350,000,000

Strike  7300  has a total call value of 81,151,250,000  versus a total put value of  298,750,000 Combined total value = 81,450,000,000

Strike  7350  has a total call value of 90,273,125,000  versus a total put value of  213,125,000 Combined total value = 90,486,250,000

Strike  7400  has a total call value of 99,468,750,000  versus a total put value of  127,500,000 Combined total value = 99,596,250,000

Strike  7450  has a total call value of 109,060,000,000  versus a total put value of  63,750,000 Combined total value = 109,123,750,000

Strike  7500  has a total call value of 118,683,750,000  versus a total put value of  0 Combined total value = 118,683,750,000

Strike  7550  has a total call value of 129,141,875,000  versus a total put value of  0 Combined total value = 129,141,875,000

Strike  7600  has a total call value of 139,600,000,000  versus a total put value of  0 Combined total value = 139,600,000,000

Strike  7650  has a total call value of 150,189,375,000  versus a total put value of  0 Combined total value = 150,189,375,000

Strike  7700  has a total call value of 160,778,750,000  versus a total put value of  0 Combined total value = 160,778,750,000

Strike  7750  has a total call value of 171,559,375,000  versus a total put value of  0 Combined total value = 171,559,375,000

Strike  7800  has a total call value of 182,340,000,000  versus a total put value of  0 Combined total value = 182,340,000,000

Strike  7850  has a total call value of 193,231,875,000  versus a total put value of  0 Combined total value = 193,231,875,000

Strike  7900  has a total call value of 204,131,250,000  versus a total put value of  0 Combined total value = 204,131,250,000

Strike  7950  has a total call value of 215,161,250,000  versus a total put value of  0 Combined total value = 215,161,250,000

Strike  8000  has a total call value of 226,191,250,000  versus a total put value of  0 Combined total value = 226,191,250,000

Strike  8050  has a total call value of 237,688,750,000  versus a total put value of  0 Combined total value = 237,688,750,000

All Max-Pain Table

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.