SILVER
SilverMax Pain - SILVER
Strike 130000 has a total call value of 0 versus a total put value of 880,887,000,000 Combined total value = 880,887,000,000
Strike 130250 has a total call value of 0 versus a total put value of 873,606,750,000 Combined total value = 873,606,750,000
Strike 130500 has a total call value of 0 versus a total put value of 866,326,500,000 Combined total value = 866,326,500,000
Strike 130750 has a total call value of 0 versus a total put value of 859,046,250,000 Combined total value = 859,046,250,000
Strike 131000 has a total call value of 0 versus a total put value of 851,766,000,000 Combined total value = 851,766,000,000
Strike 131250 has a total call value of 0 versus a total put value of 844,485,750,000 Combined total value = 844,485,750,000
Strike 131500 has a total call value of 0 versus a total put value of 837,205,500,000 Combined total value = 837,205,500,000
Strike 131750 has a total call value of 0 versus a total put value of 829,925,250,000 Combined total value = 829,925,250,000
Strike 132000 has a total call value of 0 versus a total put value of 822,645,000,000 Combined total value = 822,645,000,000
Strike 132250 has a total call value of 0 versus a total put value of 815,364,750,000 Combined total value = 815,364,750,000
Strike 132500 has a total call value of 0 versus a total put value of 808,084,500,000 Combined total value = 808,084,500,000
Strike 132750 has a total call value of 0 versus a total put value of 800,804,250,000 Combined total value = 800,804,250,000
Strike 133000 has a total call value of 0 versus a total put value of 793,524,000,000 Combined total value = 793,524,000,000
Strike 133250 has a total call value of 0 versus a total put value of 786,243,750,000 Combined total value = 786,243,750,000
Strike 133500 has a total call value of 0 versus a total put value of 778,963,500,000 Combined total value = 778,963,500,000
Strike 133750 has a total call value of 0 versus a total put value of 771,683,250,000 Combined total value = 771,683,250,000
Strike 134000 has a total call value of 0 versus a total put value of 764,403,000,000 Combined total value = 764,403,000,000
Strike 134250 has a total call value of 0 versus a total put value of 757,122,750,000 Combined total value = 757,122,750,000
Strike 134500 has a total call value of 0 versus a total put value of 749,842,500,000 Combined total value = 749,842,500,000
Strike 134750 has a total call value of 0 versus a total put value of 742,562,250,000 Combined total value = 742,562,250,000
Strike 135000 has a total call value of 0 versus a total put value of 735,282,000,000 Combined total value = 735,282,000,000
Strike 135250 has a total call value of 0 versus a total put value of 728,001,750,000 Combined total value = 728,001,750,000
Strike 135500 has a total call value of 0 versus a total put value of 720,721,500,000 Combined total value = 720,721,500,000
Strike 135750 has a total call value of 0 versus a total put value of 713,441,250,000 Combined total value = 713,441,250,000
Strike 136000 has a total call value of 0 versus a total put value of 706,161,000,000 Combined total value = 706,161,000,000
Strike 136250 has a total call value of 0 versus a total put value of 698,880,750,000 Combined total value = 698,880,750,000
Strike 136500 has a total call value of 0 versus a total put value of 691,600,500,000 Combined total value = 691,600,500,000
Strike 136750 has a total call value of 0 versus a total put value of 684,320,250,000 Combined total value = 684,320,250,000
Strike 137000 has a total call value of 0 versus a total put value of 677,040,000,000 Combined total value = 677,040,000,000
Strike 137250 has a total call value of 0 versus a total put value of 669,759,750,000 Combined total value = 669,759,750,000
Strike 137500 has a total call value of 0 versus a total put value of 662,479,500,000 Combined total value = 662,479,500,000
Strike 137750 has a total call value of 0 versus a total put value of 655,199,250,000 Combined total value = 655,199,250,000
Strike 138000 has a total call value of 0 versus a total put value of 647,919,000,000 Combined total value = 647,919,000,000
Strike 138250 has a total call value of 0 versus a total put value of 640,638,750,000 Combined total value = 640,638,750,000
Strike 138500 has a total call value of 0 versus a total put value of 633,358,500,000 Combined total value = 633,358,500,000
Strike 138750 has a total call value of 0 versus a total put value of 626,078,250,000 Combined total value = 626,078,250,000
Strike 139000 has a total call value of 0 versus a total put value of 618,798,000,000 Combined total value = 618,798,000,000
Strike 139250 has a total call value of 0 versus a total put value of 611,517,750,000 Combined total value = 611,517,750,000
Strike 139500 has a total call value of 0 versus a total put value of 604,237,500,000 Combined total value = 604,237,500,000
Strike 139750 has a total call value of 0 versus a total put value of 596,957,250,000 Combined total value = 596,957,250,000
Strike 140000 has a total call value of 0 versus a total put value of 589,677,000,000 Combined total value = 589,677,000,000
Strike 140250 has a total call value of 0 versus a total put value of 583,112,250,000 Combined total value = 583,112,250,000
Strike 140500 has a total call value of 0 versus a total put value of 576,547,500,000 Combined total value = 576,547,500,000
Strike 140750 has a total call value of 0 versus a total put value of 569,982,750,000 Combined total value = 569,982,750,000
Strike 141000 has a total call value of 0 versus a total put value of 563,418,000,000 Combined total value = 563,418,000,000
Strike 141250 has a total call value of 0 versus a total put value of 556,853,250,000 Combined total value = 556,853,250,000
Strike 141500 has a total call value of 0 versus a total put value of 550,288,500,000 Combined total value = 550,288,500,000
Strike 141750 has a total call value of 0 versus a total put value of 543,723,750,000 Combined total value = 543,723,750,000
Strike 142000 has a total call value of 0 versus a total put value of 537,159,000,000 Combined total value = 537,159,000,000
Strike 142250 has a total call value of 0 versus a total put value of 530,594,250,000 Combined total value = 530,594,250,000
Strike 142500 has a total call value of 0 versus a total put value of 524,029,500,000 Combined total value = 524,029,500,000
Strike 142750 has a total call value of 0 versus a total put value of 517,464,750,000 Combined total value = 517,464,750,000
Strike 143000 has a total call value of 0 versus a total put value of 510,900,000,000 Combined total value = 510,900,000,000
Strike 143250 has a total call value of 0 versus a total put value of 504,335,250,000 Combined total value = 504,335,250,000
Strike 143500 has a total call value of 0 versus a total put value of 497,770,500,000 Combined total value = 497,770,500,000
Strike 143750 has a total call value of 0 versus a total put value of 491,205,750,000 Combined total value = 491,205,750,000
Strike 144000 has a total call value of 0 versus a total put value of 484,641,000,000 Combined total value = 484,641,000,000
Strike 144250 has a total call value of 0 versus a total put value of 478,076,250,000 Combined total value = 478,076,250,000
Strike 144500 has a total call value of 0 versus a total put value of 471,511,500,000 Combined total value = 471,511,500,000
Strike 144750 has a total call value of 0 versus a total put value of 464,946,750,000 Combined total value = 464,946,750,000
Strike 145000 has a total call value of 0 versus a total put value of 458,382,000,000 Combined total value = 458,382,000,000
Strike 145250 has a total call value of 0 versus a total put value of 452,202,000,000 Combined total value = 452,202,000,000
Strike 145500 has a total call value of 0 versus a total put value of 446,022,000,000 Combined total value = 446,022,000,000
Strike 145750 has a total call value of 0 versus a total put value of 439,842,000,000 Combined total value = 439,842,000,000
Strike 146000 has a total call value of 0 versus a total put value of 433,662,000,000 Combined total value = 433,662,000,000
Strike 146250 has a total call value of 0 versus a total put value of 427,482,000,000 Combined total value = 427,482,000,000
Strike 146500 has a total call value of 0 versus a total put value of 421,302,000,000 Combined total value = 421,302,000,000
Strike 146750 has a total call value of 0 versus a total put value of 415,122,000,000 Combined total value = 415,122,000,000
Strike 147000 has a total call value of 0 versus a total put value of 408,942,000,000 Combined total value = 408,942,000,000
Strike 147250 has a total call value of 0 versus a total put value of 402,762,000,000 Combined total value = 402,762,000,000
Strike 147500 has a total call value of 0 versus a total put value of 396,582,000,000 Combined total value = 396,582,000,000
Strike 147750 has a total call value of 0 versus a total put value of 390,402,000,000 Combined total value = 390,402,000,000
Strike 148000 has a total call value of 0 versus a total put value of 384,222,000,000 Combined total value = 384,222,000,000
Strike 148250 has a total call value of 0 versus a total put value of 378,042,000,000 Combined total value = 378,042,000,000
Strike 148500 has a total call value of 0 versus a total put value of 371,862,000,000 Combined total value = 371,862,000,000
Strike 148750 has a total call value of 0 versus a total put value of 365,682,000,000 Combined total value = 365,682,000,000
Strike 149000 has a total call value of 0 versus a total put value of 359,502,000,000 Combined total value = 359,502,000,000
Strike 149250 has a total call value of 0 versus a total put value of 353,322,000,000 Combined total value = 353,322,000,000
Strike 149500 has a total call value of 0 versus a total put value of 347,142,000,000 Combined total value = 347,142,000,000
Strike 149750 has a total call value of 0 versus a total put value of 340,962,000,000 Combined total value = 340,962,000,000
Strike 150000 has a total call value of 0 versus a total put value of 334,782,000,000 Combined total value = 334,782,000,000
Strike 150250 has a total call value of 0 versus a total put value of 329,793,750,000 Combined total value = 329,793,750,000
Strike 150500 has a total call value of 0 versus a total put value of 324,805,500,000 Combined total value = 324,805,500,000
Strike 150750 has a total call value of 0 versus a total put value of 319,817,250,000 Combined total value = 319,817,250,000
Strike 151000 has a total call value of 0 versus a total put value of 314,829,000,000 Combined total value = 314,829,000,000
Strike 151250 has a total call value of 0 versus a total put value of 309,840,750,000 Combined total value = 309,840,750,000
Strike 151500 has a total call value of 0 versus a total put value of 304,852,500,000 Combined total value = 304,852,500,000
Strike 151750 has a total call value of 0 versus a total put value of 299,864,250,000 Combined total value = 299,864,250,000
Strike 152000 has a total call value of 0 versus a total put value of 294,876,000,000 Combined total value = 294,876,000,000
Strike 152250 has a total call value of 0 versus a total put value of 289,887,750,000 Combined total value = 289,887,750,000
Strike 152500 has a total call value of 0 versus a total put value of 284,899,500,000 Combined total value = 284,899,500,000
Strike 152750 has a total call value of 0 versus a total put value of 279,911,250,000 Combined total value = 279,911,250,000
Strike 153000 has a total call value of 0 versus a total put value of 274,923,000,000 Combined total value = 274,923,000,000
Strike 153250 has a total call value of 0 versus a total put value of 269,934,750,000 Combined total value = 269,934,750,000
Strike 153500 has a total call value of 0 versus a total put value of 264,946,500,000 Combined total value = 264,946,500,000
Strike 153750 has a total call value of 0 versus a total put value of 259,958,250,000 Combined total value = 259,958,250,000
Strike 154000 has a total call value of 0 versus a total put value of 254,970,000,000 Combined total value = 254,970,000,000
Strike 154250 has a total call value of 0 versus a total put value of 249,981,750,000 Combined total value = 249,981,750,000
Strike 154500 has a total call value of 0 versus a total put value of 244,993,500,000 Combined total value = 244,993,500,000
Strike 154750 has a total call value of 0 versus a total put value of 240,005,250,000 Combined total value = 240,005,250,000
Strike 155000 has a total call value of 0 versus a total put value of 235,017,000,000 Combined total value = 235,017,000,000
Strike 155250 has a total call value of 0 versus a total put value of 230,550,750,000 Combined total value = 230,550,750,000
Strike 155500 has a total call value of 0 versus a total put value of 226,084,500,000 Combined total value = 226,084,500,000
Strike 155750 has a total call value of 0 versus a total put value of 221,618,250,000 Combined total value = 221,618,250,000
Strike 156000 has a total call value of 0 versus a total put value of 217,152,000,000 Combined total value = 217,152,000,000
Strike 156250 has a total call value of 0 versus a total put value of 212,813,250,000 Combined total value = 212,813,250,000
Strike 156500 has a total call value of 0 versus a total put value of 208,474,500,000 Combined total value = 208,474,500,000
Strike 156750 has a total call value of 0 versus a total put value of 204,135,750,000 Combined total value = 204,135,750,000
Strike 157000 has a total call value of 0 versus a total put value of 199,797,000,000 Combined total value = 199,797,000,000
Strike 157250 has a total call value of 0 versus a total put value of 195,540,750,000 Combined total value = 195,540,750,000
Strike 157500 has a total call value of 0 versus a total put value of 191,284,500,000 Combined total value = 191,284,500,000
Strike 157750 has a total call value of 0 versus a total put value of 187,028,250,000 Combined total value = 187,028,250,000
Strike 158000 has a total call value of 0 versus a total put value of 182,772,000,000 Combined total value = 182,772,000,000
Strike 158250 has a total call value of 0 versus a total put value of 178,613,250,000 Combined total value = 178,613,250,000
Strike 158500 has a total call value of 0 versus a total put value of 174,454,500,000 Combined total value = 174,454,500,000
Strike 158750 has a total call value of 0 versus a total put value of 170,295,750,000 Combined total value = 170,295,750,000
Strike 159000 has a total call value of 0 versus a total put value of 166,137,000,000 Combined total value = 166,137,000,000
Strike 159250 has a total call value of 0 versus a total put value of 162,094,500,000 Combined total value = 162,094,500,000
Strike 159500 has a total call value of 0 versus a total put value of 158,052,000,000 Combined total value = 158,052,000,000
Strike 159750 has a total call value of 0 versus a total put value of 154,009,500,000 Combined total value = 154,009,500,000
Strike 160000 has a total call value of 0 versus a total put value of 149,967,000,000 Combined total value = 149,967,000,000
Strike 160250 has a total call value of 272,250,000 versus a total put value of 146,931,000,000 Combined total value = 147,203,250,000
Strike 160500 has a total call value of 544,500,000 versus a total put value of 143,895,000,000 Combined total value = 144,439,500,000
Strike 160750 has a total call value of 816,750,000 versus a total put value of 140,859,000,000 Combined total value = 141,675,750,000
Strike 161000 has a total call value of 1,089,000,000 versus a total put value of 137,823,000,000 Combined total value = 138,912,000,000
Strike 161250 has a total call value of 1,361,250,000 versus a total put value of 134,787,000,000 Combined total value = 136,148,250,000
Strike 161500 has a total call value of 1,633,500,000 versus a total put value of 131,751,000,000 Combined total value = 133,384,500,000
Strike 161750 has a total call value of 1,905,750,000 versus a total put value of 128,715,000,000 Combined total value = 130,620,750,000
Strike 162000 has a total call value of 2,178,000,000 versus a total put value of 125,679,000,000 Combined total value = 127,857,000,000
Strike 162250 has a total call value of 2,450,250,000 versus a total put value of 122,746,500,000 Combined total value = 125,196,750,000
Strike 162500 has a total call value of 2,722,500,000 versus a total put value of 119,814,000,000 Combined total value = 122,536,500,000
Strike 162750 has a total call value of 2,994,750,000 versus a total put value of 116,881,500,000 Combined total value = 119,876,250,000
Strike 163000 has a total call value of 3,267,000,000 versus a total put value of 113,949,000,000 Combined total value = 117,216,000,000
Strike 163250 has a total call value of 3,539,250,000 versus a total put value of 111,070,500,000 Combined total value = 114,609,750,000
Strike 163500 has a total call value of 3,811,500,000 versus a total put value of 108,192,000,000 Combined total value = 112,003,500,000
Strike 163750 has a total call value of 4,083,750,000 versus a total put value of 105,313,500,000 Combined total value = 109,397,250,000
Strike 164000 has a total call value of 4,356,000,000 versus a total put value of 102,435,000,000 Combined total value = 106,791,000,000
Strike 164250 has a total call value of 4,628,250,000 versus a total put value of 99,629,250,000 Combined total value = 104,257,500,000
Strike 164500 has a total call value of 4,900,500,000 versus a total put value of 96,823,500,000 Combined total value = 101,724,000,000
Strike 164750 has a total call value of 5,172,750,000 versus a total put value of 94,017,750,000 Combined total value = 99,190,500,000
Strike 165000 has a total call value of 5,445,000,000 versus a total put value of 91,212,000,000 Combined total value = 96,657,000,000
Strike 165250 has a total call value of 5,875,500,000 versus a total put value of 89,031,750,000 Combined total value = 94,907,250,000
Strike 165500 has a total call value of 6,306,000,000 versus a total put value of 86,851,500,000 Combined total value = 93,157,500,000
Strike 165750 has a total call value of 6,736,500,000 versus a total put value of 84,671,250,000 Combined total value = 91,407,750,000
Strike 166000 has a total call value of 7,167,000,000 versus a total put value of 82,491,000,000 Combined total value = 89,658,000,000
Strike 166250 has a total call value of 7,597,500,000 versus a total put value of 80,343,000,000 Combined total value = 87,940,500,000
Strike 166500 has a total call value of 8,028,000,000 versus a total put value of 78,195,000,000 Combined total value = 86,223,000,000
Strike 166750 has a total call value of 8,458,500,000 versus a total put value of 76,047,000,000 Combined total value = 84,505,500,000
Strike 167000 has a total call value of 8,889,000,000 versus a total put value of 73,899,000,000 Combined total value = 82,788,000,000
Strike 167250 has a total call value of 9,319,500,000 versus a total put value of 71,792,250,000 Combined total value = 81,111,750,000
Strike 167500 has a total call value of 9,750,000,000 versus a total put value of 69,685,500,000 Combined total value = 79,435,500,000
Strike 167750 has a total call value of 10,180,500,000 versus a total put value of 67,578,750,000 Combined total value = 77,759,250,000
Strike 168000 has a total call value of 10,611,000,000 versus a total put value of 65,472,000,000 Combined total value = 76,083,000,000
Strike 168250 has a total call value of 11,041,500,000 versus a total put value of 63,414,750,000 Combined total value = 74,456,250,000
Strike 168500 has a total call value of 11,472,000,000 versus a total put value of 61,357,500,000 Combined total value = 72,829,500,000
Strike 168750 has a total call value of 11,902,500,000 versus a total put value of 59,300,250,000 Combined total value = 71,202,750,000
Strike 169000 has a total call value of 12,333,000,000 versus a total put value of 57,243,000,000 Combined total value = 69,576,000,000
Strike 169250 has a total call value of 12,763,500,000 versus a total put value of 55,212,750,000 Combined total value = 67,976,250,000
Strike 169500 has a total call value of 13,194,000,000 versus a total put value of 53,182,500,000 Combined total value = 66,376,500,000
Strike 169750 has a total call value of 13,624,500,000 versus a total put value of 51,152,250,000 Combined total value = 64,776,750,000
Strike 170000 has a total call value of 14,055,000,000 versus a total put value of 49,122,000,000 Combined total value = 63,177,000,000
Strike 170250 has a total call value of 14,932,500,000 versus a total put value of 47,702,250,000 Combined total value = 62,634,750,000
Strike 170500 has a total call value of 15,810,000,000 versus a total put value of 46,282,500,000 Combined total value = 62,092,500,000
Strike 170750 has a total call value of 16,687,500,000 versus a total put value of 44,862,750,000 Combined total value = 61,550,250,000
Strike 171000 has a total call value of 17,565,000,000 versus a total put value of 43,443,000,000 Combined total value = 61,008,000,000
Strike 171250 has a total call value of 18,442,500,000 versus a total put value of 42,040,500,000 Combined total value = 60,483,000,000
Strike 171500 has a total call value of 19,320,000,000 versus a total put value of 40,638,000,000 Combined total value = 59,958,000,000
Strike 171750 has a total call value of 20,197,500,000 versus a total put value of 39,235,500,000 Combined total value = 59,433,000,000
Strike 172000 has a total call value of 21,075,000,000 versus a total put value of 37,833,000,000 Combined total value = 58,908,000,000
Strike 172250 has a total call value of 21,952,500,000 versus a total put value of 36,483,750,000 Combined total value = 58,436,250,000
Strike 172500 has a total call value of 22,830,000,000 versus a total put value of 35,134,500,000 Combined total value = 57,964,500,000
Strike 172750 has a total call value of 23,707,500,000 versus a total put value of 33,785,250,000 Combined total value = 57,492,750,000
Strike 173000 has a total call value of 24,585,000,000 versus a total put value of 32,436,000,000 Combined total value = 57,021,000,000
Strike 173250 has a total call value of 25,462,500,000 versus a total put value of 31,086,750,000 Combined total value = 56,549,250,000
Strike 173500 has a total call value of 26,340,000,000 versus a total put value of 29,737,500,000 Combined total value = 56,077,500,000
Strike 173750 has a total call value of 27,217,500,000 versus a total put value of 28,388,250,000 Combined total value = 55,605,750,000
Strike 174000 has a total call value of 28,095,000,000 versus a total put value of 27,039,000,000 Combined total value = 55,134,000,000
Strike 174250 has a total call value of 28,972,500,000 versus a total put value of 25,740,750,000 Combined total value = 54,713,250,000
Strike 174500 has a total call value of 29,850,000,000 versus a total put value of 24,442,500,000 Combined total value = 54,292,500,000
Strike 174750 has a total call value of 30,727,500,000 versus a total put value of 23,144,250,000 Combined total value = 53,871,750,000
Strike 175000 has a total call value of 31,605,000,000 versus a total put value of 21,846,000,000 Combined total value = 53,451,000,000
Strike 175250 has a total call value of 32,749,500,000 versus a total put value of 20,889,000,000 Combined total value = 53,638,500,000
Strike 175500 has a total call value of 33,894,000,000 versus a total put value of 19,932,000,000 Combined total value = 53,826,000,000
Strike 175750 has a total call value of 35,038,500,000 versus a total put value of 18,975,000,000 Combined total value = 54,013,500,000
Strike 176000 has a total call value of 36,183,000,000 versus a total put value of 18,018,000,000 Combined total value = 54,201,000,000
Strike 176250 has a total call value of 37,327,500,000 versus a total put value of 17,097,750,000 Combined total value = 54,425,250,000
Strike 176500 has a total call value of 38,472,000,000 versus a total put value of 16,177,500,000 Combined total value = 54,649,500,000
Strike 176750 has a total call value of 39,616,500,000 versus a total put value of 15,257,250,000 Combined total value = 54,873,750,000
Strike 177000 has a total call value of 40,761,000,000 versus a total put value of 14,337,000,000 Combined total value = 55,098,000,000
Strike 177250 has a total call value of 41,905,500,000 versus a total put value of 13,532,250,000 Combined total value = 55,437,750,000
Strike 177500 has a total call value of 43,050,000,000 versus a total put value of 12,727,500,000 Combined total value = 55,777,500,000
Strike 177750 has a total call value of 44,194,500,000 versus a total put value of 11,922,750,000 Combined total value = 56,117,250,000
Strike 178000 has a total call value of 45,339,000,000 versus a total put value of 11,118,000,000 Combined total value = 56,457,000,000
Strike 178250 has a total call value of 46,483,500,000 versus a total put value of 10,397,250,000 Combined total value = 56,880,750,000
Strike 178500 has a total call value of 47,628,000,000 versus a total put value of 9,676,500,000 Combined total value = 57,304,500,000
Strike 178750 has a total call value of 48,772,500,000 versus a total put value of 8,955,750,000 Combined total value = 57,728,250,000
Strike 179000 has a total call value of 49,917,000,000 versus a total put value of 8,235,000,000 Combined total value = 58,152,000,000
Strike 179250 has a total call value of 51,317,250,000 versus a total put value of 7,572,750,000 Combined total value = 58,890,000,000
Strike 179500 has a total call value of 52,717,500,000 versus a total put value of 6,910,500,000 Combined total value = 59,628,000,000
Strike 179750 has a total call value of 54,117,750,000 versus a total put value of 6,248,250,000 Combined total value = 60,366,000,000
Strike 180000 has a total call value of 55,518,000,000 versus a total put value of 5,586,000,000 Combined total value = 61,104,000,000
Strike 180250 has a total call value of 57,393,000,000 versus a total put value of 5,238,000,000 Combined total value = 62,631,000,000
Strike 180500 has a total call value of 59,268,000,000 versus a total put value of 4,890,000,000 Combined total value = 64,158,000,000
Strike 180750 has a total call value of 61,143,000,000 versus a total put value of 4,542,000,000 Combined total value = 65,685,000,000
Strike 181000 has a total call value of 63,018,000,000 versus a total put value of 4,194,000,000 Combined total value = 67,212,000,000
Strike 181250 has a total call value of 64,951,500,000 versus a total put value of 3,863,250,000 Combined total value = 68,814,750,000
Strike 181500 has a total call value of 66,885,000,000 versus a total put value of 3,532,500,000 Combined total value = 70,417,500,000
Strike 181750 has a total call value of 68,818,500,000 versus a total put value of 3,201,750,000 Combined total value = 72,020,250,000
Strike 182000 has a total call value of 70,752,000,000 versus a total put value of 2,871,000,000 Combined total value = 73,623,000,000
Strike 182250 has a total call value of 72,829,500,000 versus a total put value of 2,589,000,000 Combined total value = 75,418,500,000
Strike 182500 has a total call value of 74,907,000,000 versus a total put value of 2,307,000,000 Combined total value = 77,214,000,000
Strike 182750 has a total call value of 76,984,500,000 versus a total put value of 2,025,000,000 Combined total value = 79,009,500,000
Strike 183000 has a total call value of 79,062,000,000 versus a total put value of 1,743,000,000 Combined total value = 80,805,000,000
Strike 183250 has a total call value of 81,329,250,000 versus a total put value of 1,505,250,000 Combined total value = 82,834,500,000
Strike 183500 has a total call value of 83,596,500,000 versus a total put value of 1,267,500,000 Combined total value = 84,864,000,000
Strike 183750 has a total call value of 85,863,750,000 versus a total put value of 1,029,750,000 Combined total value = 86,893,500,000
Strike 184000 has a total call value of 88,131,000,000 versus a total put value of 792,000,000 Combined total value = 88,923,000,000
Strike 184250 has a total call value of 90,461,250,000 versus a total put value of 594,000,000 Combined total value = 91,055,250,000
Strike 184500 has a total call value of 92,791,500,000 versus a total put value of 396,000,000 Combined total value = 93,187,500,000
Strike 184750 has a total call value of 95,121,750,000 versus a total put value of 198,000,000 Combined total value = 95,319,750,000
Strike 185000 has a total call value of 97,452,000,000 versus a total put value of 0 Combined total value = 97,452,000,000
Strike 185250 has a total call value of 100,619,250,000 versus a total put value of 0 Combined total value = 100,619,250,000
Strike 185500 has a total call value of 103,786,500,000 versus a total put value of 0 Combined total value = 103,786,500,000
Strike 185750 has a total call value of 106,953,750,000 versus a total put value of 0 Combined total value = 106,953,750,000
Strike 186000 has a total call value of 110,121,000,000 versus a total put value of 0 Combined total value = 110,121,000,000
Strike 186250 has a total call value of 113,322,750,000 versus a total put value of 0 Combined total value = 113,322,750,000
Strike 186500 has a total call value of 116,524,500,000 versus a total put value of 0 Combined total value = 116,524,500,000
Strike 186750 has a total call value of 119,726,250,000 versus a total put value of 0 Combined total value = 119,726,250,000
Strike 187000 has a total call value of 122,928,000,000 versus a total put value of 0 Combined total value = 122,928,000,000
Strike 187250 has a total call value of 126,156,000,000 versus a total put value of 0 Combined total value = 126,156,000,000
Strike 187500 has a total call value of 129,384,000,000 versus a total put value of 0 Combined total value = 129,384,000,000
Strike 187750 has a total call value of 132,612,000,000 versus a total put value of 0 Combined total value = 132,612,000,000
Strike 188000 has a total call value of 135,840,000,000 versus a total put value of 0 Combined total value = 135,840,000,000
Strike 188250 has a total call value of 139,078,500,000 versus a total put value of 0 Combined total value = 139,078,500,000
Strike 188500 has a total call value of 142,317,000,000 versus a total put value of 0 Combined total value = 142,317,000,000
Strike 188750 has a total call value of 145,555,500,000 versus a total put value of 0 Combined total value = 145,555,500,000
Strike 189000 has a total call value of 148,794,000,000 versus a total put value of 0 Combined total value = 148,794,000,000
Strike 189250 has a total call value of 152,046,000,000 versus a total put value of 0 Combined total value = 152,046,000,000
Strike 189500 has a total call value of 155,298,000,000 versus a total put value of 0 Combined total value = 155,298,000,000
Strike 189750 has a total call value of 158,550,000,000 versus a total put value of 0 Combined total value = 158,550,000,000
Strike 190000 has a total call value of 161,802,000,000 versus a total put value of 0 Combined total value = 161,802,000,000
Strike 190250 has a total call value of 165,498,750,000 versus a total put value of 0 Combined total value = 165,498,750,000
Strike 190500 has a total call value of 169,195,500,000 versus a total put value of 0 Combined total value = 169,195,500,000
Strike 190750 has a total call value of 172,892,250,000 versus a total put value of 0 Combined total value = 172,892,250,000
Strike 191000 has a total call value of 176,589,000,000 versus a total put value of 0 Combined total value = 176,589,000,000
Strike 191250 has a total call value of 180,315,000,000 versus a total put value of 0 Combined total value = 180,315,000,000
Strike 191500 has a total call value of 184,041,000,000 versus a total put value of 0 Combined total value = 184,041,000,000
Strike 191750 has a total call value of 187,767,000,000 versus a total put value of 0 Combined total value = 187,767,000,000
Strike 192000 has a total call value of 191,493,000,000 versus a total put value of 0 Combined total value = 191,493,000,000
Strike 192250 has a total call value of 195,737,250,000 versus a total put value of 0 Combined total value = 195,737,250,000
Strike 192500 has a total call value of 199,981,500,000 versus a total put value of 0 Combined total value = 199,981,500,000
Strike 192750 has a total call value of 204,225,750,000 versus a total put value of 0 Combined total value = 204,225,750,000
Strike 193000 has a total call value of 208,470,000,000 versus a total put value of 0 Combined total value = 208,470,000,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1142.3 | 1140 |
| ABB | 5125.5 | 5200 |
| ABCAPITAL | 355.2 | 345 |
| ADANIENSOL | 964.5 | 980 |
| ADANIENT | 2234.1 | 2300 |
| ADANIGREEN | 1003.8 | 1040 |
| ADANIPORTS | 1492.2 | 1500 |
| ALKEM | 5690 | 5700 |
| AMBER | 6498.5 | 6500 |
| AMBUJACEM | 532.85 | 550 |
| ANGELONE | 2550 | 2650 |
| APLAPOLLO | 1733.8 | 1760 |
| APOLLOHOSP | 7119.5 | 7300 |
| ASHOKLEY | 159.47 | 157 |
| ASIANPAINT | 2940 | 2920 |
| ASTRAL | 1426 | 1460 |
| AUBANK | 954.1 | 940 |
| AUROPHARMA | 1193.3 | 1220 |
| AXISBANK | 1270.3 | 1280 |
| BAJAJ-AUTO | 9007 | 9100 |
| BAJAJFINSV | 2071.5 | 2080 |
| BAJFINANCE | 1029.4 | 1030 |
| BANDHANBNK | 138.55 | 150 |
| BANKBARODA | 285.1 | 290 |
| BANKINDIA | 138.74 | 145 |
| BDL | 1451.1 | 1500 |
| BEL | 391.9 | 410 |
| BHARATFORG | 1376.9 | 1400 |
| BHARTIARTL | 2089.5 | 2100 |
| BHEL | 271.65 | 285 |
| BIOCON | 387.1 | 400 |
| BLUESTARCO | 1711.9 | 1760 |
| BOSCHLTD | 36650 | 36500 |
| BPCL | 359.8 | 360 |
| BRITANNIA | 5861.5 | 5900 |
| BSE | 2838.3 | 2800 |
| CAMS | 751.7 | 780 |
| CANBK | 143.84 | 150 |
| CDSL | 1530.8 | 1600 |
| CGPOWER | 652.25 | 680 |
| CHOLAFIN | 1727.6 | 1700 |
| CIPLA | 1511 | 1520 |
| COALINDIA | 377.2 | 380 |
| COFORGE | 1942.3 | 1860 |
| COLPAL | 2150.9 | 2200 |
| CONCOR | 508.1 | 520 |
| CROMPTON | 254.6 | 270 |
| CUMMINSIND | 4464.3 | 4450 |
| CYIENT | 1147.3 | 1160 |
| DABUR | 504 | 515 |
| DALBHARAT | 1993.9 | 2000 |
| DELHIVERY | 400.45 | 420 |
| DIVISLAB | 6379.5 | 6450 |
| DIXON | 13723 | 14250 |
| DLF | 691.8 | 730 |
| DMART | 3891.7 | 4000 |
| DRREDDY | 1269.6 | 1270 |
| EICHERMOT | 7193 | 7100 |
| ETERNAL | 285.8 | 300 |
| EXIDEIND | 374 | 380 |
| FEDERALBNK | 256.35 | 255 |
| FORTIS | 861.15 | 900 |
| GAIL | 166.87 | 175 |
| GLENMARK | 1946.4 | 1940 |
| GMRAIRPORT | 100.53 | 102 |
| GODREJCP | 1123.8 | 1140 |
| GODREJPROP | 1982.4 | 2080 |
| GRASIM | 2745.9 | 2760 |
| HAL | 4371 | 4500 |
| HAVELLS | 1414.8 | 1440 |
| HCLTECH | 1690.6 | 1660 |
| HDFCAMC | 2572.8 | 2650 |
| HDFCBANK | 1005 | 1000 |
| HDFCLIFE | 773 | 770 |
| HEROMOTOCO | 6199 | 6200 |
| HFCL | 67.62 | 70 |
| HINDALCO | 823.95 | 800 |
| HINDPETRO | 446.7 | 455 |
| HINDUNILVR | 2334.5 | 2340 |
| HINDZINC | 493.8 | 490 |
| HUDCO | 216.3 | 230 |
| ICICIBANK | 1390.9 | 1390 |
| ICICIGI | 1964.2 | 2000 |
| ICICIPRULI | 627.55 | 620 |
| IDEA | 10.41 | 10 |
| IDFCFIRSTB | 79.75 | 80 |
| IEX | 142.75 | 145 |
| IIFL | 554.6 | 560 |
| INDHOTEL | 726 | 740 |
| INDIANB | 785.95 | 830 |
| INDIGO | 4962 | 5300 |
| INDUSINDBK | 846.75 | 860 |
| INDUSTOWER | 404.6 | 410 |
| INFY | 1618.8 | 1600 |
| INOXWIND | 126.3 | 137.5 |
| IOC | 162.8 | 165 |
| IRCTC | 669.95 | 690 |
| IREDA | 131.29 | 140 |
| IRFC | 112.1 | 118 |
| ITC | 404.8 | 405 |
| JINDALSTEL | 998 | 1030 |
| JIOFIN | 298.15 | 310 |
| JSWENERGY | 460.1 | 480 |
| JSWSTEEL | 1138.3 | 1150 |
| JUBLFOOD | 584.35 | 600 |
| KALYANKJIL | 481.2 | 490 |
| KAYNES | 4096 | 5000 |
| KEI | 4110 | 4100 |
| KFINTECH | 1053.7 | 1080 |
| KOTAKBANK | 2142.8 | 2120 |
| KPITTECH | 1232.1 | 1240 |
| LAURUSLABS | 1014 | 1000 |
| LICHSGFIN | 531.85 | 550 |
| LICI | 862 | 900 |
| LODHA | 1083 | 1140 |
| LT | 4001.3 | 4020 |
| LTF | 301.45 | 302.5 |
| LTIM | 6283.5 | 6150 |
| LUPIN | 2080.4 | 2080 |
| M&M | 3689.8 | 3700 |
| MANAPPURAM | 272.45 | 280 |
| MANKIND | 2190.3 | 2250 |
| MARICO | 731.55 | 730 |
| MARUTI | 16170 | 16100 |
| MAXHEALTH | 1082.3 | 1120 |
| MAZDOCK | 2520.2 | 2650 |
| MCX | 10276 | 10100 |
| MFSL | 1692 | 1700 |
| MOTHERSON | 116 | 115 |
| MPHASIS | 2884.4 | 2900 |
| MUTHOOTFIN | 3762.3 | 3700 |
| NATIONALUM | 271.4 | 265 |
| NAUKRI | 1366.1 | 1380 |
| NBCC | 109.24 | 115 |
| NCC | 164.01 | 175 |
| NESTLEIND | 1228.3 | 1260 |
| NHPC | 76.68 | 78 |
| NMDC | 75.16 | 76 |
| NTPC | 320.75 | 325 |
| NUVAMA | 7222 | 7200 |
| NYKAA | 252.25 | 260 |
| OBEROIRLTY | 1620.8 | 1660 |
| OFSS | 8045 | 8200 |
| OIL | 408.25 | 420 |
| ONGC | 240.89 | 244 |
| PAGEIND | 37170 | 38000 |
| PATANJALI | 545.55 | 550 |
| PAYTM | 1338.5 | 1320 |
| PERSISTENT | 6361 | 6400 |
| PETRONET | 272.35 | 280 |
| PFC | 345.25 | 365 |
| PGEL | 532.3 | 560 |
| PHOENIXLTD | 1714.2 | 1740 |
| PIDILITIND | 1461.7 | 1480 |
| PIIND | 3327 | 3450 |
| PNB | 117.54 | 122 |
| PNBHOUSING | 883.3 | 900 |
| POLICYBZR | 1916.2 | 1880 |
| POLYCAB | 7092 | 7300 |
| POWERGRID | 265.65 | 275 |
| POWERINDIA | 18685 | 20000 |
| PPLPHARMA | 174.76 | 185 |
| PRESTIGE | 1625 | 1680 |
| RBLBANK | 300.4 | 310 |
| RECLTD | 344.8 | 360 |
| RELIANCE | 1543.1 | 1540 |
| RVNL | 305.35 | 315 |
| SAIL | 130.3 | 135 |
| SAMMAANCAP | 142.8 | 160 |
| SBICARD | 879.45 | 880 |
| SBILIFE | 2028.7 | 2020 |
| SBIN | 958.25 | 970 |
| SHREECEM | 26205 | 26500 |
| SHRIRAMFIN | 842.45 | 840 |
| SIEMENS | 3258.1 | 3300 |
| SOLARINDS | 12601 | 13250 |
| SONACOMS | 487.7 | 500 |
| SRF | 2834.1 | 2900 |
| SUNPHARMA | 1799.6 | 1800 |
| SUPREMEIND | 3320.4 | 3500 |
| SUZLON | 52.16 | 55 |
| SYNGENE | 630.45 | 650 |
| TATACONSUM | 1154.8 | 1170 |
| TATAELXSI | 5131 | 5300 |
| TATAMOTORS | 0 | 320 |
| TATAPOWER | 377.25 | 390 |
| TATASTEEL | 165.48 | 170 |
| TATATECH | 656.6 | 680 |
| TCS | 3246.5 | 3200 |
| TECHM | 1581.5 | 1520 |
| TIINDIA | 2601.5 | 2800 |
| TITAGARH | 768.4 | 820 |
| TITAN | 3805.5 | 3860 |
| TMPV | 351.1 | 360 |
| TORNTPHARM | 3762.1 | 3750 |
| TORNTPOWER | 1259 | 1300 |
| TRENT | 4146.5 | 4300 |
| TVSMOTOR | 3602.8 | 3600 |
| ULTRACEMCO | 11600 | 11700 |
| UNIONBANK | 148.65 | 152.5 |
| UNITDSPR | 1437.2 | 1450 |
| UNOMINDA | 1267.3 | 1300 |
| UPL | 746.4 | 750 |
| VBL | 469.6 | 470 |
| VEDL | 517.35 | 520 |
| VOLTAS | 1318.3 | 1360 |
| WIPRO | 260.75 | 255 |
| YESBANK | 22.1 | 23 |
| ZYDUSLIFE | 930.6 | 940 |
Note:
| Stock LTP > Max Pain | Bearish Trend |
| Stock LTP < Max Pain | Bullish Trend |
Frequently Asked Questions
Max Pain, also known as the max pain price, is the strike price at which the maximum number of option contracts (both puts and calls) would expire worthless, causing the largest financial losses for option holders at expiration. This price point represents the level where option writers would experience the least payout obligation.
The max pain theory suggests that as expiration approaches, market makers and option writers may attempt to influence the stock price toward this level to minimize their payout obligations, making it a significant reference point for traders analyzing option expiration dynamics.
Max Pain is calculated by determining the total dollar value of in-the-money options at each strike price. Here's the step-by-step process:
- For each strike price: Calculate the difference between the current stock price and the strike price.
- Multiply by Open Interest: Multiply this difference by the open interest (number of contracts) at that strike for both call and put options.
- Sum the values: Add together the dollar value for put options and call options at each strike price.
- Repeat for all strikes: Perform this calculation for every available strike price in the option chain.
- Identify the maximum: The strike price with the highest combined dollar value is the Max Pain price.
This calculation helps identify the price level where option writers would face the maximum financial loss if the stock closes at that price on expiration day.
Traders can incorporate Max Pain analysis into their trading strategy in several ways:
- Expiration Day Trading: As option expiration approaches, traders can use Max Pain as a potential support or resistance level, as market makers may attempt to push the price toward this level.
- Option Selection: Understanding Max Pain helps traders choose strike prices that are less likely to be manipulated, potentially improving their option trade outcomes.
- Risk Management: If a stock is trading far from Max Pain before expiration, traders can anticipate potential price movement toward this level and adjust their positions accordingly.
- Market Sentiment Indicator: Comparing the current stock price to Max Pain can provide insights into market sentiment and potential price direction near expiration.
- Hedging Strategy: Option writers can use Max Pain to identify strike prices where they might face the least payout risk, helping them structure more efficient hedging strategies.
Max Pain provides insights into potential stock price behavior, especially near option expiration:
- Price Magnet Effect: If the stock price is significantly above or below Max Pain before expiration, there may be a tendency for the price to move toward Max Pain as expiration approaches, as option writers hedge their positions.
- Support/Resistance Level: Max Pain can act as a psychological and technical support or resistance level, especially on expiration day, as it represents the price where maximum option value would be lost.
- Volatility Indicator: A large gap between current price and Max Pain may indicate higher potential volatility or price movement as expiration nears.
- Market Maker Activity: Significant open interest concentration around Max Pain suggests where market makers might have the most incentive to influence price movement through their hedging activities.
Note: Max Pain is a theoretical concept and should be used in conjunction with other technical and fundamental analysis tools, as it does not guarantee price movement.
Max Pain is a dynamic value that changes continuously based on several factors:
- Open Interest Changes: As traders open and close option positions, the open interest at different strike prices changes, which directly affects the Max Pain calculation.
- Stock Price Movement: As the underlying stock price moves, different strike prices become in-the-money or out-of-the-money, altering the dollar value calculations.
- Time Decay: As expiration approaches, the time value of options decreases, but the intrinsic value calculations for Max Pain continue to evolve with price movements.
- New Option Contracts: When new strike prices are added or when significant new positions are opened, Max Pain may shift to reflect the new distribution of open interest.
For accurate Max Pain analysis, traders should monitor it regularly, especially in the days leading up to expiration, as it can shift significantly as market conditions and option positions change.
Max Pain and Spot Price are two distinct concepts that serve different purposes in options trading:
- Spot Price (Current Market Price): This is the current trading price of the underlying stock or index in the market. It represents the real-time value at which the asset can be bought or sold immediately.
- Max Pain Price: This is a calculated theoretical price level based on option open interest data. It represents the strike price where option writers would face minimum payout obligations, not necessarily where the stock is currently trading.
The relationship between these two prices is crucial: when the spot price is far from Max Pain, traders may anticipate potential price movement toward Max Pain as expiration approaches. However, this is not guaranteed, and many other factors influence stock price movement.
No, Max Pain is not always accurate and should not be used as the sole indicator for predicting stock price movement. Here's why:
- Market Forces: Strong fundamental news, earnings reports, or significant market events can override the Max Pain effect and drive prices in unexpected directions.
- Institutional Activity: Large institutional trades, algorithmic trading, and other market participants may have different objectives than minimizing option payouts.
- Limited Influence: While market makers may attempt to influence price toward Max Pain, their ability to do so is limited, especially in highly liquid stocks with strong directional momentum.
- Multiple Expirations: Stocks often have options expiring on different dates (weekly, monthly), which means multiple Max Pain levels may exist simultaneously, reducing the predictive power of any single level.
- Statistical Tool: Max Pain is best viewed as a statistical tool that provides context about option market dynamics rather than a guaranteed price target.
Traders should use Max Pain as one of many tools in their analysis, combining it with technical analysis, fundamental analysis, and market sentiment indicators for more comprehensive decision-making.
Max Pain becomes increasingly relevant as option expiration approaches:
- Last Trading Week: Max Pain analysis is most useful during the final week before expiration, when option writers are actively hedging and the "pinning effect" (price movement toward Max Pain) is most likely to occur.
- Expiration Day: On the day of expiration, Max Pain can serve as a key reference level, as market makers may attempt to keep the stock price near this level to minimize their payout obligations.
- High Open Interest: Max Pain is more reliable when there is significant open interest concentrated around specific strike prices, as this indicates where option writers have the most exposure.
- Low Volatility Periods: During periods of low market volatility, Max Pain may have a stronger influence, as there are fewer competing forces driving price movement.
- Monthly Expirations: Monthly option expirations (typically the third Friday) often show stronger Max Pain effects compared to weekly expirations, due to higher open interest and more significant market maker involvement.
While Max Pain can be calculated at any time, its predictive value and practical application increase significantly as expiration approaches, making it particularly useful for short-term trading strategies focused on expiration week dynamics.































































































































































































































