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POLYCAB
POLYCAB INDIA LIMITED

4801.8 85.20 (1.81%)


Strike  3500  has a total call value of 0  versus a total put value of  55,538,000,000 Combined total value = 55,538,000,000

Strike  3550  has a total call value of 1,500,000  versus a total put value of  52,663,500,000 Combined total value = 52,665,000,000

Strike  3600  has a total call value of 3,000,000  versus a total put value of  49,789,000,000 Combined total value = 49,792,000,000

Strike  3650  has a total call value of 4,500,000  versus a total put value of  46,951,000,000 Combined total value = 46,955,500,000

Strike  3700  has a total call value of 6,000,000  versus a total put value of  44,113,000,000 Combined total value = 44,119,000,000

Strike  3750  has a total call value of 7,500,000  versus a total put value of  41,297,500,000 Combined total value = 41,305,000,000

Strike  3800  has a total call value of 9,000,000  versus a total put value of  38,482,000,000 Combined total value = 38,491,000,000

Strike  3850  has a total call value of 10,500,000  versus a total put value of  35,748,000,000 Combined total value = 35,758,500,000

Strike  3900  has a total call value of 12,000,000  versus a total put value of  33,014,000,000 Combined total value = 33,026,000,000

Strike  3950  has a total call value of 13,500,000  versus a total put value of  30,342,000,000 Combined total value = 30,355,500,000

Strike  4000  has a total call value of 15,000,000  versus a total put value of  27,676,500,000 Combined total value = 27,691,500,000

Strike  4050  has a total call value of 70,000,000  versus a total put value of  25,260,500,000 Combined total value = 25,330,500,000

Strike  4100  has a total call value of 125,000,000  versus a total put value of  22,844,500,000 Combined total value = 22,969,500,000

Strike  4150  has a total call value of 190,500,000  versus a total put value of  20,487,000,000 Combined total value = 20,677,500,000

Strike  4200  has a total call value of 256,000,000  versus a total put value of  18,129,500,000 Combined total value = 18,385,500,000

Strike  4250  has a total call value of 373,000,000  versus a total put value of  15,930,500,000 Combined total value = 16,303,500,000

Strike  4300  has a total call value of 498,500,000  versus a total put value of  13,747,000,000 Combined total value = 14,245,500,000

Strike  4350  has a total call value of 725,500,000  versus a total put value of  11,697,500,000 Combined total value = 12,423,000,000

Strike  4400  has a total call value of 1,002,000,000  versus a total put value of  9,669,000,000 Combined total value = 10,671,000,000

Strike  4450  has a total call value of 1,464,000,000  versus a total put value of  7,805,500,000 Combined total value = 9,269,500,000

Strike  4500  has a total call value of 1,966,000,000  versus a total put value of  6,015,000,000 Combined total value = 7,981,000,000

Strike  4550  has a total call value of 3,037,000,000  versus a total put value of  4,677,500,000 Combined total value = 7,714,500,000

Strike  4600  has a total call value of 4,138,000,000  versus a total put value of  3,403,500,000 Combined total value = 7,541,500,000

Strike  4650  has a total call value of 5,565,000,000  versus a total put value of  2,390,000,000 Combined total value = 7,955,000,000

Strike  4700  has a total call value of 7,040,500,000  versus a total put value of  1,479,000,000 Combined total value = 8,519,500,000

Strike  4750  has a total call value of 8,770,500,000  versus a total put value of  904,500,000 Combined total value = 9,675,000,000

Strike  4800  has a total call value of 10,660,500,000  versus a total put value of  453,000,000 Combined total value = 11,113,500,000

Strike  4850  has a total call value of 13,269,000,000  versus a total put value of  282,500,000 Combined total value = 13,551,500,000

Strike  4900  has a total call value of 16,082,000,000  versus a total put value of  163,000,000 Combined total value = 16,245,000,000

Strike  4950  has a total call value of 19,271,000,000  versus a total put value of  87,500,000 Combined total value = 19,358,500,000

Strike  5000  has a total call value of 22,538,000,000  versus a total put value of  12,000,000 Combined total value = 22,550,000,000

Strike  5050  has a total call value of 26,810,500,000  versus a total put value of  10,000,000 Combined total value = 26,820,500,000

Strike  5100  has a total call value of 31,139,000,000  versus a total put value of  8,000,000 Combined total value = 31,147,000,000

Strike  5150  has a total call value of 35,700,500,000  versus a total put value of  6,000,000 Combined total value = 35,706,500,000

Strike  5200  has a total call value of 40,307,000,000  versus a total put value of  4,000,000 Combined total value = 40,311,000,000

Strike  5250  has a total call value of 45,123,000,000  versus a total put value of  2,000,000 Combined total value = 45,125,000,000

Strike  5300  has a total call value of 49,962,500,000  versus a total put value of  0 Combined total value = 49,962,500,000

Strike  5350  has a total call value of 54,948,500,000  versus a total put value of  0 Combined total value = 54,948,500,000

Strike  5400  has a total call value of 59,949,500,000  versus a total put value of  0 Combined total value = 59,949,500,000

Strike  5450  has a total call value of 65,062,000,000  versus a total put value of  0 Combined total value = 65,062,000,000

Strike  5500  has a total call value of 70,174,500,000  versus a total put value of  0 Combined total value = 70,174,500,000

Strike  5550  has a total call value of 75,667,000,000  versus a total put value of  0 Combined total value = 75,667,000,000

Strike  5600  has a total call value of 81,159,500,000  versus a total put value of  0 Combined total value = 81,159,500,000

Strike  5650  has a total call value of 86,791,500,000  versus a total put value of  0 Combined total value = 86,791,500,000

Strike  5700  has a total call value of 92,423,500,000  versus a total put value of  0 Combined total value = 92,423,500,000

Strike  5750  has a total call value of 98,103,000,000  versus a total put value of  0 Combined total value = 98,103,000,000

Strike  5800  has a total call value of 103,782,500,000  versus a total put value of  0 Combined total value = 103,782,500,000

Strike  5850  has a total call value of 109,465,000,000  versus a total put value of  0 Combined total value = 109,465,000,000

Strike  5900  has a total call value of 115,147,500,000  versus a total put value of  0 Combined total value = 115,147,500,000

Strike  5950  has a total call value of 120,830,000,000  versus a total put value of  0 Combined total value = 120,830,000,000

Strike  6000  has a total call value of 126,512,500,000  versus a total put value of  0 Combined total value = 126,512,500,000

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.