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RBLBANK
RBL BANK LIMITED

270.8 4.00 (1.50%)


Strike  220  has a total call value of 0  versus a total put value of  17,915,000,000 Combined total value = 17,915,000,000

Strike  225  has a total call value of 0  versus a total put value of  15,195,000,000 Combined total value = 15,195,000,000

Strike  230  has a total call value of 0  versus a total put value of  12,475,000,000 Combined total value = 12,475,000,000

Strike  235  has a total call value of 0  versus a total put value of  10,068,750,000 Combined total value = 10,068,750,000

Strike  240  has a total call value of 0  versus a total put value of  7,662,500,000 Combined total value = 7,662,500,000

Strike  245  has a total call value of 26,250,000  versus a total put value of  5,818,750,000 Combined total value = 5,845,000,000

Strike  250  has a total call value of 52,500,000  versus a total put value of  4,085,000,000 Combined total value = 4,137,500,000

Strike  255  has a total call value of 78,750,000  versus a total put value of  2,780,000,000 Combined total value = 2,858,750,000

Strike  260  has a total call value of 105,000,000  versus a total put value of  1,605,000,000 Combined total value = 1,710,000,000

Strike  265  has a total call value of 437,500,000  versus a total put value of  850,000,000 Combined total value = 1,287,500,000

Strike  270  has a total call value of 951,250,000  versus a total put value of  226,250,000 Combined total value = 1,177,500,000

Strike  275  has a total call value of 2,582,500,000  versus a total put value of  78,750,000 Combined total value = 2,661,250,000

Strike  280  has a total call value of 4,551,250,000  versus a total put value of  0 Combined total value = 4,551,250,000

Strike  285  has a total call value of 7,210,000,000  versus a total put value of  0 Combined total value = 7,210,000,000

Strike  290  has a total call value of 9,993,750,000  versus a total put value of  0 Combined total value = 9,993,750,000

Strike  295  has a total call value of 13,033,750,000  versus a total put value of  0 Combined total value = 13,033,750,000

Strike  300  has a total call value of 16,136,250,000  versus a total put value of  0 Combined total value = 16,136,250,000

Strike  305  has a total call value of 19,996,250,000  versus a total put value of  0 Combined total value = 19,996,250,000

Strike  310  has a total call value of 23,878,750,000  versus a total put value of  0 Combined total value = 23,878,750,000

Strike  315  has a total call value of 27,923,750,000  versus a total put value of  0 Combined total value = 27,923,750,000

Strike  320  has a total call value of 31,968,750,000  versus a total put value of  0 Combined total value = 31,968,750,000

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.