`
[--[65.84.65.76]--]
SENSEX
Sensex

84544.31 1359.51 (1.63%)

Max pain for SENSEX

20 Sep 2024 04:11 PM IST

Max Pain for SENSEX is 84000  



Strike  65000  has a total call value of 0  versus a total put value of  1,093,439,900,000 Combined total value = 1,093,439,900,000

Strike  66000  has a total call value of 0  versus a total put value of  1,033,051,900,000 Combined total value = 1,033,051,900,000

Strike  67000  has a total call value of 0  versus a total put value of  972,665,900,000 Combined total value = 972,665,900,000

Strike  68000  has a total call value of 0  versus a total put value of  912,281,900,000 Combined total value = 912,281,900,000

Strike  69000  has a total call value of 0  versus a total put value of  851,900,900,000 Combined total value = 851,900,900,000

Strike  70000  has a total call value of 0  versus a total put value of  791,619,900,000 Combined total value = 791,619,900,000

Strike  71000  has a total call value of 0  versus a total put value of  731,339,900,000 Combined total value = 731,339,900,000

Strike  72000  has a total call value of 0  versus a total put value of  671,059,900,000 Combined total value = 671,059,900,000

Strike  73000  has a total call value of 0  versus a total put value of  610,779,900,000 Combined total value = 610,779,900,000

Strike  73200  has a total call value of 0  versus a total put value of  598,723,900,000 Combined total value = 598,723,900,000

Strike  73300  has a total call value of 0  versus a total put value of  592,695,900,000 Combined total value = 592,695,900,000

Strike  73400  has a total call value of 0  versus a total put value of  586,667,900,000 Combined total value = 586,667,900,000

Strike  73500  has a total call value of 0  versus a total put value of  580,639,900,000 Combined total value = 580,639,900,000

Strike  73600  has a total call value of 0  versus a total put value of  574,611,900,000 Combined total value = 574,611,900,000

Strike  73700  has a total call value of 0  versus a total put value of  568,583,900,000 Combined total value = 568,583,900,000

Strike  73800  has a total call value of 0  versus a total put value of  562,555,900,000 Combined total value = 562,555,900,000

Strike  73900  has a total call value of 0  versus a total put value of  556,527,900,000 Combined total value = 556,527,900,000

Strike  74000  has a total call value of 0  versus a total put value of  550,499,900,000 Combined total value = 550,499,900,000

Strike  74100  has a total call value of 0  versus a total put value of  544,471,900,000 Combined total value = 544,471,900,000

Strike  74200  has a total call value of 0  versus a total put value of  538,443,900,000 Combined total value = 538,443,900,000

Strike  74300  has a total call value of 0  versus a total put value of  532,415,900,000 Combined total value = 532,415,900,000

Strike  74400  has a total call value of 0  versus a total put value of  526,387,900,000 Combined total value = 526,387,900,000

Strike  74500  has a total call value of 0  versus a total put value of  520,359,900,000 Combined total value = 520,359,900,000

Strike  74600  has a total call value of 0  versus a total put value of  514,331,900,000 Combined total value = 514,331,900,000

Strike  74700  has a total call value of 0  versus a total put value of  508,303,900,000 Combined total value = 508,303,900,000

Strike  74800  has a total call value of 0  versus a total put value of  502,275,900,000 Combined total value = 502,275,900,000

Strike  74900  has a total call value of 0  versus a total put value of  496,247,900,000 Combined total value = 496,247,900,000

Strike  75000  has a total call value of 0  versus a total put value of  490,219,900,000 Combined total value = 490,219,900,000

Strike  75100  has a total call value of 0  versus a total put value of  484,191,900,000 Combined total value = 484,191,900,000

Strike  75200  has a total call value of 0  versus a total put value of  478,163,900,000 Combined total value = 478,163,900,000

Strike  75300  has a total call value of 0  versus a total put value of  472,135,900,000 Combined total value = 472,135,900,000

Strike  75400  has a total call value of 0  versus a total put value of  466,107,900,000 Combined total value = 466,107,900,000

Strike  75500  has a total call value of 0  versus a total put value of  460,079,900,000 Combined total value = 460,079,900,000

Strike  75600  has a total call value of 0  versus a total put value of  454,051,900,000 Combined total value = 454,051,900,000

Strike  75700  has a total call value of 0  versus a total put value of  448,023,900,000 Combined total value = 448,023,900,000

Strike  75800  has a total call value of 0  versus a total put value of  441,995,900,000 Combined total value = 441,995,900,000

Strike  75900  has a total call value of 0  versus a total put value of  435,967,900,000 Combined total value = 435,967,900,000

Strike  76000  has a total call value of 0  versus a total put value of  429,939,900,000 Combined total value = 429,939,900,000

Strike  76100  has a total call value of 0  versus a total put value of  423,911,900,000 Combined total value = 423,911,900,000

Strike  76200  has a total call value of 0  versus a total put value of  417,883,900,000 Combined total value = 417,883,900,000

Strike  76300  has a total call value of 0  versus a total put value of  411,855,900,000 Combined total value = 411,855,900,000

Strike  76400  has a total call value of 0  versus a total put value of  405,827,900,000 Combined total value = 405,827,900,000

Strike  76500  has a total call value of 0  versus a total put value of  399,799,900,000 Combined total value = 399,799,900,000

Strike  76600  has a total call value of 0  versus a total put value of  393,771,900,000 Combined total value = 393,771,900,000

Strike  76700  has a total call value of 0  versus a total put value of  387,743,900,000 Combined total value = 387,743,900,000

Strike  76800  has a total call value of 0  versus a total put value of  381,715,900,000 Combined total value = 381,715,900,000

Strike  76900  has a total call value of 0  versus a total put value of  375,687,900,000 Combined total value = 375,687,900,000

Strike  77000  has a total call value of 0  versus a total put value of  369,659,900,000 Combined total value = 369,659,900,000

Strike  77100  has a total call value of 0  versus a total put value of  363,631,900,000 Combined total value = 363,631,900,000

Strike  77200  has a total call value of 0  versus a total put value of  357,603,900,000 Combined total value = 357,603,900,000

Strike  77300  has a total call value of 0  versus a total put value of  351,575,900,000 Combined total value = 351,575,900,000

Strike  77400  has a total call value of 0  versus a total put value of  345,547,900,000 Combined total value = 345,547,900,000

Strike  77500  has a total call value of 0  versus a total put value of  339,519,900,000 Combined total value = 339,519,900,000

Strike  77600  has a total call value of 0  versus a total put value of  333,491,900,000 Combined total value = 333,491,900,000

Strike  77700  has a total call value of 0  versus a total put value of  327,463,900,000 Combined total value = 327,463,900,000

Strike  77800  has a total call value of 0  versus a total put value of  321,436,700,000 Combined total value = 321,436,700,000

Strike  77900  has a total call value of 0  versus a total put value of  315,410,300,000 Combined total value = 315,410,300,000

Strike  78000  has a total call value of 0  versus a total put value of  309,383,900,000 Combined total value = 309,383,900,000

Strike  78100  has a total call value of 0  versus a total put value of  303,357,500,000 Combined total value = 303,357,500,000

Strike  78200  has a total call value of 0  versus a total put value of  297,331,100,000 Combined total value = 297,331,100,000

Strike  78300  has a total call value of 0  versus a total put value of  291,304,700,000 Combined total value = 291,304,700,000

Strike  78400  has a total call value of 0  versus a total put value of  285,278,300,000 Combined total value = 285,278,300,000

Strike  78500  has a total call value of 0  versus a total put value of  279,251,900,000 Combined total value = 279,251,900,000

Strike  78600  has a total call value of 0  versus a total put value of  273,225,500,000 Combined total value = 273,225,500,000

Strike  78700  has a total call value of 0  versus a total put value of  267,199,100,000 Combined total value = 267,199,100,000

Strike  78800  has a total call value of 0  versus a total put value of  261,172,700,000 Combined total value = 261,172,700,000

Strike  78900  has a total call value of 0  versus a total put value of  255,146,300,000 Combined total value = 255,146,300,000

Strike  79000  has a total call value of 0  versus a total put value of  249,119,900,000 Combined total value = 249,119,900,000

Strike  79100  has a total call value of 0  versus a total put value of  243,093,500,000 Combined total value = 243,093,500,000

Strike  79200  has a total call value of 0  versus a total put value of  237,067,100,000 Combined total value = 237,067,100,000

Strike  79300  has a total call value of 0  versus a total put value of  231,040,700,000 Combined total value = 231,040,700,000

Strike  79400  has a total call value of 0  versus a total put value of  225,014,300,000 Combined total value = 225,014,300,000

Strike  79500  has a total call value of 0  versus a total put value of  218,987,900,000 Combined total value = 218,987,900,000

Strike  79600  has a total call value of 0  versus a total put value of  213,104,800,000 Combined total value = 213,104,800,000

Strike  79700  has a total call value of 0  versus a total put value of  207,221,700,000 Combined total value = 207,221,700,000

Strike  79800  has a total call value of 0  versus a total put value of  201,338,600,000 Combined total value = 201,338,600,000

Strike  79900  has a total call value of 0  versus a total put value of  195,455,500,000 Combined total value = 195,455,500,000

Strike  80000  has a total call value of 0  versus a total put value of  189,572,400,000 Combined total value = 189,572,400,000

Strike  80100  has a total call value of 0  versus a total put value of  183,969,900,000 Combined total value = 183,969,900,000

Strike  80200  has a total call value of 0  versus a total put value of  178,369,300,000 Combined total value = 178,369,300,000

Strike  80300  has a total call value of 0  versus a total put value of  172,768,700,000 Combined total value = 172,768,700,000

Strike  80400  has a total call value of 0  versus a total put value of  167,168,900,000 Combined total value = 167,168,900,000

Strike  80500  has a total call value of 0  versus a total put value of  161,569,100,000 Combined total value = 161,569,100,000

Strike  80600  has a total call value of 0  versus a total put value of  156,033,900,000 Combined total value = 156,033,900,000

Strike  80700  has a total call value of 0  versus a total put value of  150,498,700,000 Combined total value = 150,498,700,000

Strike  80800  has a total call value of 0  versus a total put value of  144,963,500,000 Combined total value = 144,963,500,000

Strike  80900  has a total call value of 0  versus a total put value of  139,428,600,000 Combined total value = 139,428,600,000

Strike  81000  has a total call value of 0  versus a total put value of  133,905,800,000 Combined total value = 133,905,800,000

Strike  81100  has a total call value of 25,700,000  versus a total put value of  128,600,100,000 Combined total value = 128,625,800,000

Strike  81200  has a total call value of 51,500,000  versus a total put value of  123,312,000,000 Combined total value = 123,363,500,000

Strike  81300  has a total call value of 77,600,000  versus a total put value of  118,039,900,000 Combined total value = 118,117,500,000

Strike  81400  has a total call value of 104,400,000  versus a total put value of  112,777,300,000 Combined total value = 112,881,700,000

Strike  81500  has a total call value of 133,000,000  versus a total put value of  107,527,100,000 Combined total value = 107,660,100,000

Strike  81600  has a total call value of 168,700,000  versus a total put value of  102,402,800,000 Combined total value = 102,571,500,000

Strike  81700  has a total call value of 204,500,000  versus a total put value of  97,285,300,000 Combined total value = 97,489,800,000

Strike  81800  has a total call value of 240,300,000  versus a total put value of  92,185,300,000 Combined total value = 92,425,600,000

Strike  81900  has a total call value of 276,100,000  versus a total put value of  87,095,500,000 Combined total value = 87,371,600,000

Strike  82000  has a total call value of 312,100,000  versus a total put value of  82,030,800,000 Combined total value = 82,342,900,000

Strike  82100  has a total call value of 403,200,000  versus a total put value of  77,239,600,000 Combined total value = 77,642,800,000

Strike  82200  has a total call value of 494,500,000  versus a total put value of  72,475,800,000 Combined total value = 72,970,300,000

Strike  82300  has a total call value of 586,600,000  versus a total put value of  67,728,300,000 Combined total value = 68,314,900,000

Strike  82400  has a total call value of 679,200,000  versus a total put value of  63,000,000,000 Combined total value = 63,679,200,000

Strike  82500  has a total call value of 772,500,000  versus a total put value of  58,290,000,000 Combined total value = 59,062,500,000

Strike  82600  has a total call value of 914,900,000  versus a total put value of  53,866,900,000 Combined total value = 54,781,800,000

Strike  82700  has a total call value of 1,058,700,000  versus a total put value of  49,486,200,000 Combined total value = 50,544,900,000

Strike  82800  has a total call value of 1,247,400,000  versus a total put value of  45,151,900,000 Combined total value = 46,399,300,000

Strike  82900  has a total call value of 1,440,900,000  versus a total put value of  40,849,400,000 Combined total value = 42,290,300,000

Strike  83000  has a total call value of 1,638,300,000  versus a total put value of  36,584,500,000 Combined total value = 38,222,800,000

Strike  83100  has a total call value of 1,991,200,000  versus a total put value of  32,840,300,000 Combined total value = 34,831,500,000

Strike  83200  has a total call value of 2,366,700,000  versus a total put value of  29,143,600,000 Combined total value = 31,510,300,000

Strike  83300  has a total call value of 2,756,500,000  versus a total put value of  25,514,300,000 Combined total value = 28,270,800,000

Strike  83400  has a total call value of 3,182,500,000  versus a total put value of  21,971,000,000 Combined total value = 25,153,500,000

Strike  83500  has a total call value of 3,652,700,000  versus a total put value of  18,532,300,000 Combined total value = 22,185,000,000

Strike  83600  has a total call value of 4,326,300,000  versus a total put value of  15,518,000,000 Combined total value = 19,844,300,000

Strike  83700  has a total call value of 5,046,800,000  versus a total put value of  12,576,900,000 Combined total value = 17,623,700,000

Strike  83800  has a total call value of 5,822,000,000  versus a total put value of  9,706,100,000 Combined total value = 15,528,100,000

Strike  83900  has a total call value of 6,673,600,000  versus a total put value of  6,983,000,000 Combined total value = 13,656,600,000

Strike  84000  has a total call value of 7,608,300,000  versus a total put value of  4,449,300,000 Combined total value = 12,057,600,000

Strike  84100  has a total call value of 9,701,500,000  versus a total put value of  3,305,900,000 Combined total value = 13,007,400,000

Strike  84200  has a total call value of 11,911,900,000  versus a total put value of  2,348,700,000 Combined total value = 14,260,600,000

Strike  84300  has a total call value of 14,236,500,000  versus a total put value of  1,558,300,000 Combined total value = 15,794,800,000

Strike  84400  has a total call value of 16,647,700,000  versus a total put value of  881,100,000 Combined total value = 17,528,800,000

Strike  84500  has a total call value of 19,191,700,000  versus a total put value of  345,100,000 Combined total value = 19,536,800,000

Strike  84600  has a total call value of 22,381,800,000  versus a total put value of  187,000,000 Combined total value = 22,568,800,000

Strike  84700  has a total call value of 25,670,500,000  versus a total put value of  136,600,000 Combined total value = 25,807,100,000

Strike  84800  has a total call value of 29,003,400,000  versus a total put value of  86,200,000 Combined total value = 29,089,600,000

Strike  84900  has a total call value of 32,373,400,000  versus a total put value of  40,800,000 Combined total value = 32,414,200,000

Strike  85000  has a total call value of 35,793,200,000  versus a total put value of  0 Combined total value = 35,793,200,000

Strike  85100  has a total call value of 39,622,400,000  versus a total put value of  0 Combined total value = 39,622,400,000

Strike  85200  has a total call value of 43,490,400,000  versus a total put value of  0 Combined total value = 43,490,400,000

Strike  85300  has a total call value of 47,396,000,000  versus a total put value of  0 Combined total value = 47,396,000,000

Strike  85400  has a total call value of 51,333,400,000  versus a total put value of  0 Combined total value = 51,333,400,000

Strike  85500  has a total call value of 55,271,100,000  versus a total put value of  0 Combined total value = 55,271,100,000

Strike  85600  has a total call value of 59,494,600,000  versus a total put value of  0 Combined total value = 59,494,600,000

Strike  85700  has a total call value of 63,718,100,000  versus a total put value of  0 Combined total value = 63,718,100,000

Strike  85800  has a total call value of 67,955,300,000  versus a total put value of  0 Combined total value = 67,955,300,000

Strike  85900  has a total call value of 72,192,500,000  versus a total put value of  0 Combined total value = 72,192,500,000

Strike  86000  has a total call value of 76,434,400,000  versus a total put value of  0 Combined total value = 76,434,400,000

Strike  86100  has a total call value of 80,915,200,000  versus a total put value of  0 Combined total value = 80,915,200,000

Strike  86200  has a total call value of 85,397,100,000  versus a total put value of  0 Combined total value = 85,397,100,000

Strike  86300  has a total call value of 89,879,400,000  versus a total put value of  0 Combined total value = 89,879,400,000

Strike  86400  has a total call value of 94,361,700,000  versus a total put value of  0 Combined total value = 94,361,700,000

Strike  86500  has a total call value of 98,844,000,000  versus a total put value of  0 Combined total value = 98,844,000,000

Strike  86600  has a total call value of 103,398,400,000  versus a total put value of  0 Combined total value = 103,398,400,000

Strike  86700  has a total call value of 107,960,800,000  versus a total put value of  0 Combined total value = 107,960,800,000

Strike  86800  has a total call value of 112,524,600,000  versus a total put value of  0 Combined total value = 112,524,600,000

Strike  86900  has a total call value of 117,089,600,000  versus a total put value of  0 Combined total value = 117,089,600,000

Strike  87000  has a total call value of 121,655,300,000  versus a total put value of  0 Combined total value = 121,655,300,000

Strike  87100  has a total call value of 126,434,600,000  versus a total put value of  0 Combined total value = 126,434,600,000

All Max-Pain Table


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.