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SENSEX
Sensex

79032.73 -210.45 (-0.27%)

Max pain for SENSEX

28 Jun 2024 04:11 PM IST

Max Pain for SENSEX is 79000  



Strike  75000  has a total call value of 0  versus a total put value of  53,084,600,000 Combined total value = 53,084,600,000

Strike  75100  has a total call value of 0  versus a total put value of  51,451,400,000 Combined total value = 51,451,400,000

Strike  75200  has a total call value of 0  versus a total put value of  49,818,200,000 Combined total value = 49,818,200,000

Strike  75300  has a total call value of 0  versus a total put value of  48,185,000,000 Combined total value = 48,185,000,000

Strike  75400  has a total call value of 0  versus a total put value of  46,551,800,000 Combined total value = 46,551,800,000

Strike  75500  has a total call value of 0  versus a total put value of  44,918,600,000 Combined total value = 44,918,600,000

Strike  75600  has a total call value of 0  versus a total put value of  43,285,500,000 Combined total value = 43,285,500,000

Strike  75700  has a total call value of 0  versus a total put value of  41,652,400,000 Combined total value = 41,652,400,000

Strike  75800  has a total call value of 0  versus a total put value of  40,019,300,000 Combined total value = 40,019,300,000

Strike  75900  has a total call value of 0  versus a total put value of  38,386,200,000 Combined total value = 38,386,200,000

Strike  76000  has a total call value of 0  versus a total put value of  36,753,100,000 Combined total value = 36,753,100,000

Strike  76100  has a total call value of 0  versus a total put value of  35,225,400,000 Combined total value = 35,225,400,000

Strike  76200  has a total call value of 0  versus a total put value of  33,697,700,000 Combined total value = 33,697,700,000

Strike  76300  has a total call value of 0  versus a total put value of  32,170,000,000 Combined total value = 32,170,000,000

Strike  76400  has a total call value of 0  versus a total put value of  30,642,300,000 Combined total value = 30,642,300,000

Strike  76500  has a total call value of 0  versus a total put value of  29,114,900,000 Combined total value = 29,114,900,000

Strike  76600  has a total call value of 0  versus a total put value of  27,587,600,000 Combined total value = 27,587,600,000

Strike  76700  has a total call value of 0  versus a total put value of  26,060,300,000 Combined total value = 26,060,300,000

Strike  76800  has a total call value of 0  versus a total put value of  24,533,000,000 Combined total value = 24,533,000,000

Strike  76900  has a total call value of 200,000  versus a total put value of  23,005,700,000 Combined total value = 23,005,900,000

Strike  77000  has a total call value of 400,000  versus a total put value of  21,478,400,000 Combined total value = 21,478,800,000

Strike  77100  has a total call value of 140,000,000  versus a total put value of  20,170,400,000 Combined total value = 20,310,400,000

Strike  77200  has a total call value of 279,700,000  versus a total put value of  18,868,300,000 Combined total value = 19,148,000,000

Strike  77300  has a total call value of 419,800,000  versus a total put value of  17,568,000,000 Combined total value = 17,987,800,000

Strike  77400  has a total call value of 559,900,000  versus a total put value of  16,267,900,000 Combined total value = 16,827,800,000

Strike  77500  has a total call value of 700,000,000  versus a total put value of  14,968,900,000 Combined total value = 15,668,900,000

Strike  77600  has a total call value of 865,100,000  versus a total put value of  13,758,300,000 Combined total value = 14,623,400,000

Strike  77700  has a total call value of 1,031,500,000  versus a total put value of  12,555,600,000 Combined total value = 13,587,100,000

Strike  77800  has a total call value of 1,197,900,000  versus a total put value of  11,357,100,000 Combined total value = 12,555,000,000

Strike  77900  has a total call value of 1,364,300,000  versus a total put value of  10,158,700,000 Combined total value = 11,523,000,000

Strike  78000  has a total call value of 1,530,700,000  versus a total put value of  8,974,100,000 Combined total value = 10,504,800,000

Strike  78100  has a total call value of 1,835,500,000  versus a total put value of  8,069,400,000 Combined total value = 9,904,900,000

Strike  78200  has a total call value of 2,140,600,000  versus a total put value of  7,177,000,000 Combined total value = 9,317,600,000

Strike  78300  has a total call value of 2,445,700,000  versus a total put value of  6,292,300,000 Combined total value = 8,738,000,000

Strike  78400  has a total call value of 2,750,800,000  versus a total put value of  5,420,400,000 Combined total value = 8,171,200,000

Strike  78500  has a total call value of 3,059,500,000  versus a total put value of  4,566,700,000 Combined total value = 7,626,200,000

Strike  78600  has a total call value of 3,397,600,000  versus a total put value of  3,830,200,000 Combined total value = 7,227,800,000

Strike  78700  has a total call value of 3,737,500,000  versus a total put value of  3,111,400,000 Combined total value = 6,848,900,000

Strike  78800  has a total call value of 4,081,200,000  versus a total put value of  2,432,000,000 Combined total value = 6,513,200,000

Strike  78900  has a total call value of 4,433,700,000  versus a total put value of  1,781,200,000 Combined total value = 6,214,900,000

Strike  79000  has a total call value of 4,809,600,000  versus a total put value of  1,179,000,000 Combined total value = 5,988,600,000

Strike  79100  has a total call value of 5,438,700,000  versus a total put value of  899,800,000 Combined total value = 6,338,500,000

Strike  79200  has a total call value of 6,099,500,000  versus a total put value of  654,800,000 Combined total value = 6,754,300,000

Strike  79300  has a total call value of 6,839,900,000  versus a total put value of  456,300,000 Combined total value = 7,296,200,000

Strike  79400  has a total call value of 7,625,500,000  versus a total put value of  281,500,000 Combined total value = 7,907,000,000

Strike  79500  has a total call value of 8,450,900,000  versus a total put value of  126,400,000 Combined total value = 8,577,300,000

Strike  79600  has a total call value of 9,525,600,000  versus a total put value of  89,300,000 Combined total value = 9,614,900,000

Strike  79700  has a total call value of 10,661,400,000  versus a total put value of  59,200,000 Combined total value = 10,720,600,000

Strike  79800  has a total call value of 11,821,500,000  versus a total put value of  36,100,000 Combined total value = 11,857,600,000

Strike  79900  has a total call value of 13,031,200,000  versus a total put value of  17,300,000 Combined total value = 13,048,500,000

Strike  80000  has a total call value of 14,331,800,000  versus a total put value of  2,400,000 Combined total value = 14,334,200,000

Strike  80100  has a total call value of 15,897,500,000  versus a total put value of  1,800,000 Combined total value = 15,899,300,000

Strike  80200  has a total call value of 17,476,500,000  versus a total put value of  1,200,000 Combined total value = 17,477,700,000

Strike  80300  has a total call value of 19,069,000,000  versus a total put value of  800,000 Combined total value = 19,069,800,000

Strike  80400  has a total call value of 20,681,100,000  versus a total put value of  400,000 Combined total value = 20,681,500,000

Strike  80500  has a total call value of 22,315,200,000  versus a total put value of  0 Combined total value = 22,315,200,000

Strike  80600  has a total call value of 24,046,300,000  versus a total put value of  0 Combined total value = 24,046,300,000

Strike  80700  has a total call value of 25,787,000,000  versus a total put value of  0 Combined total value = 25,787,000,000

Strike  80800  has a total call value of 27,536,000,000  versus a total put value of  0 Combined total value = 27,536,000,000

Strike  80900  has a total call value of 29,287,100,000  versus a total put value of  0 Combined total value = 29,287,100,000

Strike  81000  has a total call value of 31,049,500,000  versus a total put value of  0 Combined total value = 31,049,500,000

Strike  81100  has a total call value of 33,017,600,000  versus a total put value of  0 Combined total value = 33,017,600,000

Strike  81200  has a total call value of 34,985,700,000  versus a total put value of  0 Combined total value = 34,985,700,000

Strike  81300  has a total call value of 36,954,400,000  versus a total put value of  0 Combined total value = 36,954,400,000

Strike  81400  has a total call value of 38,923,100,000  versus a total put value of  0 Combined total value = 38,923,100,000

Strike  81500  has a total call value of 40,895,100,000  versus a total put value of  0 Combined total value = 40,895,100,000

Strike  81600  has a total call value of 43,016,300,000  versus a total put value of  0 Combined total value = 43,016,300,000

Strike  81700  has a total call value of 45,137,500,000  versus a total put value of  0 Combined total value = 45,137,500,000

Strike  81800  has a total call value of 47,258,700,000  versus a total put value of  0 Combined total value = 47,258,700,000

Strike  81900  has a total call value of 49,379,900,000  versus a total put value of  0 Combined total value = 49,379,900,000

Strike  82000  has a total call value of 51,501,100,000  versus a total put value of  0 Combined total value = 51,501,100,000

Strike  82100  has a total call value of 53,824,300,000  versus a total put value of  0 Combined total value = 53,824,300,000

Strike  82200  has a total call value of 56,147,500,000  versus a total put value of  0 Combined total value = 56,147,500,000

Strike  82300  has a total call value of 58,470,700,000  versus a total put value of  0 Combined total value = 58,470,700,000

Strike  82400  has a total call value of 60,793,900,000  versus a total put value of  0 Combined total value = 60,793,900,000

Strike  82500  has a total call value of 63,117,100,000  versus a total put value of  0 Combined total value = 63,117,100,000

Strike  82600  has a total call value of 65,522,100,000  versus a total put value of  0 Combined total value = 65,522,100,000

Strike  82700  has a total call value of 67,930,400,000  versus a total put value of  0 Combined total value = 67,930,400,000

Strike  82800  has a total call value of 70,338,700,000  versus a total put value of  0 Combined total value = 70,338,700,000

Strike  82900  has a total call value of 72,747,000,000  versus a total put value of  0 Combined total value = 72,747,000,000

Strike  83000  has a total call value of 75,155,300,000  versus a total put value of  0 Combined total value = 75,155,300,000

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.