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SBICARD
SBI CARDS & PAY SER LTD

710.6 2.55 (0.36%)

Max pain for SBICARD

23 May 2024 04:07 PM IST

Max Pain for SBICARD is 720  



Strike  600  has a total call value of 0  versus a total put value of  52,065,200,000 Combined total value = 52,065,200,000

Strike  605  has a total call value of 0  versus a total put value of  49,615,600,000 Combined total value = 49,615,600,000

Strike  610  has a total call value of 0  versus a total put value of  47,166,000,000 Combined total value = 47,166,000,000

Strike  615  has a total call value of 0  versus a total put value of  44,716,400,000 Combined total value = 44,716,400,000

Strike  620  has a total call value of 0  versus a total put value of  42,266,800,000 Combined total value = 42,266,800,000

Strike  625  has a total call value of 0  versus a total put value of  39,870,000,000 Combined total value = 39,870,000,000

Strike  630  has a total call value of 0  versus a total put value of  37,473,200,000 Combined total value = 37,473,200,000

Strike  635  has a total call value of 0  versus a total put value of  35,076,400,000 Combined total value = 35,076,400,000

Strike  640  has a total call value of 0  versus a total put value of  32,679,600,000 Combined total value = 32,679,600,000

Strike  645  has a total call value of 0  versus a total put value of  30,330,000,000 Combined total value = 30,330,000,000

Strike  650  has a total call value of 0  versus a total put value of  27,989,600,000 Combined total value = 27,989,600,000

Strike  655  has a total call value of 2,800,000  versus a total put value of  25,815,600,000 Combined total value = 25,818,400,000

Strike  660  has a total call value of 5,600,000  versus a total put value of  23,641,600,000 Combined total value = 23,647,200,000

Strike  665  has a total call value of 8,400,000  versus a total put value of  21,522,800,000 Combined total value = 21,531,200,000

Strike  670  has a total call value of 11,200,000  versus a total put value of  19,408,400,000 Combined total value = 19,419,600,000

Strike  675  has a total call value of 14,000,000  versus a total put value of  17,406,000,000 Combined total value = 17,420,000,000

Strike  680  has a total call value of 16,800,000  versus a total put value of  15,436,400,000 Combined total value = 15,453,200,000

Strike  685  has a total call value of 19,600,000  versus a total put value of  13,732,400,000 Combined total value = 13,752,000,000

Strike  690  has a total call value of 22,400,000  versus a total put value of  12,055,600,000 Combined total value = 12,078,000,000

Strike  695  has a total call value of 36,800,000  versus a total put value of  10,494,400,000 Combined total value = 10,531,200,000

Strike  700  has a total call value of 51,200,000  versus a total put value of  8,974,400,000 Combined total value = 9,025,600,000

Strike  705  has a total call value of 247,200,000  versus a total put value of  7,821,200,000 Combined total value = 8,068,400,000

Strike  710  has a total call value of 452,000,000  versus a total put value of  6,706,000,000 Combined total value = 7,158,000,000

Strike  715  has a total call value of 831,600,000  versus a total put value of  5,709,600,000 Combined total value = 6,541,200,000

Strike  720  has a total call value of 1,292,400,000  versus a total put value of  4,752,000,000 Combined total value = 6,044,400,000

Strike  725  has a total call value of 2,323,600,000  versus a total put value of  4,062,000,000 Combined total value = 6,385,600,000

Strike  730  has a total call value of 3,419,600,000  versus a total put value of  3,409,600,000 Combined total value = 6,829,200,000

Strike  735  has a total call value of 4,834,000,000  versus a total put value of  2,864,000,000 Combined total value = 7,698,000,000

Strike  740  has a total call value of 6,328,400,000  versus a total put value of  2,373,200,000 Combined total value = 8,701,600,000

Strike  745  has a total call value of 8,204,000,000  versus a total put value of  1,978,800,000 Combined total value = 10,182,800,000

Strike  750  has a total call value of 10,152,800,000  versus a total put value of  1,604,800,000 Combined total value = 11,757,600,000

Strike  755  has a total call value of 12,784,400,000  versus a total put value of  1,368,800,000 Combined total value = 14,153,200,000

Strike  760  has a total call value of 15,490,400,000  versus a total put value of  1,132,800,000 Combined total value = 16,623,200,000

Strike  765  has a total call value of 18,688,400,000  versus a total put value of  972,000,000 Combined total value = 19,660,400,000

Strike  770  has a total call value of 21,940,000,000  versus a total put value of  811,200,000 Combined total value = 22,751,200,000

Strike  775  has a total call value of 25,394,800,000  versus a total put value of  650,400,000 Combined total value = 26,045,200,000

Strike  780  has a total call value of 28,902,800,000  versus a total put value of  489,600,000 Combined total value = 29,392,400,000

Strike  785  has a total call value of 32,604,000,000  versus a total put value of  370,800,000 Combined total value = 32,974,800,000

Strike  790  has a total call value of 36,320,000,000  versus a total put value of  252,000,000 Combined total value = 36,572,000,000

Strike  795  has a total call value of 40,069,600,000  versus a total put value of  133,200,000 Combined total value = 40,202,800,000

Strike  800  has a total call value of 43,819,200,000  versus a total put value of  14,400,000 Combined total value = 43,833,600,000

Strike  805  has a total call value of 48,170,400,000  versus a total put value of  10,800,000 Combined total value = 48,181,200,000

Strike  810  has a total call value of 52,521,600,000  versus a total put value of  7,200,000 Combined total value = 52,528,800,000

Strike  815  has a total call value of 56,895,200,000  versus a total put value of  3,600,000 Combined total value = 56,898,800,000

Strike  820  has a total call value of 61,268,800,000  versus a total put value of  0 Combined total value = 61,268,800,000

Strike  825  has a total call value of 65,686,400,000  versus a total put value of  0 Combined total value = 65,686,400,000

Strike  830  has a total call value of 70,104,000,000  versus a total put value of  0 Combined total value = 70,104,000,000

Strike  835  has a total call value of 74,565,200,000  versus a total put value of  0 Combined total value = 74,565,200,000

Strike  840  has a total call value of 79,026,400,000  versus a total put value of  0 Combined total value = 79,026,400,000

Strike  845  has a total call value of 83,532,400,000  versus a total put value of  0 Combined total value = 83,532,400,000

Strike  850  has a total call value of 88,038,400,000  versus a total put value of  0 Combined total value = 88,038,400,000

Strike  855  has a total call value of 92,712,000,000  versus a total put value of  0 Combined total value = 92,712,000,000

Strike  860  has a total call value of 97,385,600,000  versus a total put value of  0 Combined total value = 97,385,600,000

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.