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SUNPHARMA
SUN PHARMACEUTICAL IND L

1550.55 -8.70 (-0.56%)


Strike  1150  has a total call value of 0  versus a total put value of  37,325,400,000 Combined total value = 37,325,400,000

Strike  1160  has a total call value of 10,500,000  versus a total put value of  36,304,100,000 Combined total value = 36,314,600,000

Strike  1170  has a total call value of 21,000,000  versus a total put value of  35,282,800,000 Combined total value = 35,303,800,000

Strike  1180  has a total call value of 31,500,000  versus a total put value of  34,261,500,000 Combined total value = 34,293,000,000

Strike  1190  has a total call value of 42,700,000  versus a total put value of  33,240,200,000 Combined total value = 33,282,900,000

Strike  1200  has a total call value of 53,900,000  versus a total put value of  32,218,900,000 Combined total value = 32,272,800,000

Strike  1210  has a total call value of 65,100,000  versus a total put value of  31,197,600,000 Combined total value = 31,262,700,000

Strike  1220  has a total call value of 76,300,000  versus a total put value of  30,176,300,000 Combined total value = 30,252,600,000

Strike  1230  has a total call value of 87,500,000  versus a total put value of  29,155,000,000 Combined total value = 29,242,500,000

Strike  1240  has a total call value of 98,700,000  versus a total put value of  28,133,700,000 Combined total value = 28,232,400,000

Strike  1250  has a total call value of 109,900,000  versus a total put value of  27,112,400,000 Combined total value = 27,222,300,000

Strike  1260  has a total call value of 122,500,000  versus a total put value of  26,091,100,000 Combined total value = 26,213,600,000

Strike  1270  has a total call value of 135,100,000  versus a total put value of  25,069,800,000 Combined total value = 25,204,900,000

Strike  1280  has a total call value of 147,700,000  versus a total put value of  24,048,500,000 Combined total value = 24,196,200,000

Strike  1290  has a total call value of 160,300,000  versus a total put value of  23,027,200,000 Combined total value = 23,187,500,000

Strike  1300  has a total call value of 172,900,000  versus a total put value of  22,005,900,000 Combined total value = 22,178,800,000

Strike  1310  has a total call value of 185,500,000  versus a total put value of  20,984,600,000 Combined total value = 21,170,100,000

Strike  1320  has a total call value of 198,100,000  versus a total put value of  19,963,300,000 Combined total value = 20,161,400,000

Strike  1330  has a total call value of 210,700,000  versus a total put value of  18,942,000,000 Combined total value = 19,152,700,000

Strike  1340  has a total call value of 223,300,000  versus a total put value of  17,920,700,000 Combined total value = 18,144,000,000

Strike  1350  has a total call value of 235,900,000  versus a total put value of  16,899,400,000 Combined total value = 17,135,300,000

Strike  1360  has a total call value of 248,500,000  versus a total put value of  15,878,100,000 Combined total value = 16,126,600,000

Strike  1370  has a total call value of 261,100,000  versus a total put value of  14,856,800,000 Combined total value = 15,117,900,000

Strike  1380  has a total call value of 273,700,000  versus a total put value of  13,835,500,000 Combined total value = 14,109,200,000

Strike  1390  has a total call value of 286,300,000  versus a total put value of  12,814,200,000 Combined total value = 13,100,500,000

Strike  1400  has a total call value of 298,900,000  versus a total put value of  11,792,900,000 Combined total value = 12,091,800,000

Strike  1410  has a total call value of 311,500,000  versus a total put value of  10,876,600,000 Combined total value = 11,188,100,000

Strike  1420  has a total call value of 324,100,000  versus a total put value of  9,960,300,000 Combined total value = 10,284,400,000

Strike  1430  has a total call value of 336,700,000  versus a total put value of  9,044,000,000 Combined total value = 9,380,700,000

Strike  1440  has a total call value of 349,300,000  versus a total put value of  8,127,700,000 Combined total value = 8,477,000,000

Strike  1450  has a total call value of 361,900,000  versus a total put value of  7,211,400,000 Combined total value = 7,573,300,000

Strike  1460  has a total call value of 374,500,000  versus a total put value of  6,386,100,000 Combined total value = 6,760,600,000

Strike  1470  has a total call value of 387,100,000  versus a total put value of  5,560,800,000 Combined total value = 5,947,900,000

Strike  1480  has a total call value of 399,700,000  versus a total put value of  4,735,500,000 Combined total value = 5,135,200,000

Strike  1490  has a total call value of 412,300,000  versus a total put value of  3,927,700,000 Combined total value = 4,340,000,000

Strike  1500  has a total call value of 424,900,000  versus a total put value of  3,119,900,000 Combined total value = 3,544,800,000

Strike  1510  has a total call value of 513,100,000  versus a total put value of  2,538,200,000 Combined total value = 3,051,300,000

Strike  1520  has a total call value of 601,300,000  versus a total put value of  1,976,800,000 Combined total value = 2,578,100,000

Strike  1530  has a total call value of 689,500,000  versus a total put value of  1,453,200,000 Combined total value = 2,142,700,000

Strike  1540  has a total call value of 792,400,000  versus a total put value of  929,600,000 Combined total value = 1,722,000,000

Strike  1550  has a total call value of 951,300,000  versus a total put value of  546,000,000 Combined total value = 1,497,300,000

Strike  1560  has a total call value of 1,233,400,000  versus a total put value of  317,100,000 Combined total value = 1,550,500,000

Strike  1570  has a total call value of 1,724,800,000  versus a total put value of  189,700,000 Combined total value = 1,914,500,000

Strike  1580  has a total call value of 2,442,300,000  versus a total put value of  102,200,000 Combined total value = 2,544,500,000

Strike  1590  has a total call value of 3,659,600,000  versus a total put value of  51,100,000 Combined total value = 3,710,700,000

Strike  1600  has a total call value of 4,991,700,000  versus a total put value of  0 Combined total value = 4,991,700,000

Strike  1610  has a total call value of 7,616,700,000  versus a total put value of  0 Combined total value = 7,616,700,000

Strike  1620  has a total call value of 10,315,900,000  versus a total put value of  0 Combined total value = 10,315,900,000

Strike  1630  has a total call value of 13,113,800,000  versus a total put value of  0 Combined total value = 13,113,800,000

Strike  1640  has a total call value of 15,981,000,000  versus a total put value of  0 Combined total value = 15,981,000,000

Strike  1650  has a total call value of 18,943,400,000  versus a total put value of  0 Combined total value = 18,943,400,000

Strike  1660  has a total call value of 22,132,600,000  versus a total put value of  0 Combined total value = 22,132,600,000

Strike  1670  has a total call value of 25,336,500,000  versus a total put value of  0 Combined total value = 25,336,500,000

Strike  1680  has a total call value of 28,604,100,000  versus a total put value of  0 Combined total value = 28,604,100,000

Strike  1690  has a total call value of 31,902,500,000  versus a total put value of  0 Combined total value = 31,902,500,000

Strike  1700  has a total call value of 35,200,900,000  versus a total put value of  0 Combined total value = 35,200,900,000

Strike  1710  has a total call value of 38,766,700,000  versus a total put value of  0 Combined total value = 38,766,700,000

Strike  1720  has a total call value of 42,332,500,000  versus a total put value of  0 Combined total value = 42,332,500,000

Strike  1730  has a total call value of 45,914,400,000  versus a total put value of  0 Combined total value = 45,914,400,000

Strike  1740  has a total call value of 49,496,300,000  versus a total put value of  0 Combined total value = 49,496,300,000

Strike  1750  has a total call value of 53,078,200,000  versus a total put value of  0 Combined total value = 53,078,200,000

Strike  1760  has a total call value of 56,660,100,000  versus a total put value of  0 Combined total value = 56,660,100,000

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.