[--[65.84.65.76]--]
TRENT
TRENT LTD

3948 72.80 (1.88%)


Strike  3400  has a total call value of 0  versus a total put value of  9,315,200,000 Combined total value = 9,315,200,000

Strike  3420  has a total call value of 9,600,000  versus a total put value of  8,862,400,000 Combined total value = 8,872,000,000

Strike  3440  has a total call value of 19,200,000  versus a total put value of  8,409,600,000 Combined total value = 8,428,800,000

Strike  3460  has a total call value of 28,800,000  versus a total put value of  7,956,800,000 Combined total value = 7,985,600,000

Strike  3480  has a total call value of 38,400,000  versus a total put value of  7,504,000,000 Combined total value = 7,542,400,000

Strike  3500  has a total call value of 48,000,000  versus a total put value of  7,051,200,000 Combined total value = 7,099,200,000

Strike  3520  has a total call value of 57,600,000  versus a total put value of  6,598,400,000 Combined total value = 6,656,000,000

Strike  3540  has a total call value of 67,200,000  versus a total put value of  6,165,600,000 Combined total value = 6,232,800,000

Strike  3560  has a total call value of 76,800,000  versus a total put value of  5,732,800,000 Combined total value = 5,809,600,000

Strike  3580  has a total call value of 86,400,000  versus a total put value of  5,300,000,000 Combined total value = 5,386,400,000

Strike  3600  has a total call value of 96,000,000  versus a total put value of  4,867,200,000 Combined total value = 4,963,200,000

Strike  3620  has a total call value of 105,600,000  versus a total put value of  4,513,600,000 Combined total value = 4,619,200,000

Strike  3640  has a total call value of 115,200,000  versus a total put value of  4,160,000,000 Combined total value = 4,275,200,000

Strike  3660  has a total call value of 124,800,000  versus a total put value of  3,806,400,000 Combined total value = 3,931,200,000

Strike  3680  has a total call value of 134,400,000  versus a total put value of  3,452,800,000 Combined total value = 3,587,200,000

Strike  3700  has a total call value of 144,000,000  versus a total put value of  3,099,200,000 Combined total value = 3,243,200,000

Strike  3720  has a total call value of 156,800,000  versus a total put value of  2,824,800,000 Combined total value = 2,981,600,000

Strike  3740  has a total call value of 169,600,000  versus a total put value of  2,550,400,000 Combined total value = 2,720,000,000

Strike  3760  has a total call value of 182,400,000  versus a total put value of  2,276,000,000 Combined total value = 2,458,400,000

Strike  3780  has a total call value of 195,200,000  versus a total put value of  2,001,600,000 Combined total value = 2,196,800,000

Strike  3800  has a total call value of 208,000,000  versus a total put value of  1,727,200,000 Combined total value = 1,935,200,000

Strike  3820  has a total call value of 224,000,000  versus a total put value of  1,532,800,000 Combined total value = 1,756,800,000

Strike  3840  has a total call value of 240,800,000  versus a total put value of  1,338,400,000 Combined total value = 1,579,200,000

Strike  3860  has a total call value of 257,600,000  versus a total put value of  1,144,000,000 Combined total value = 1,401,600,000

Strike  3880  has a total call value of 274,400,000  versus a total put value of  949,600,000 Combined total value = 1,224,000,000

Strike  3900  has a total call value of 291,200,000  versus a total put value of  755,200,000 Combined total value = 1,046,400,000

Strike  3920  has a total call value of 394,400,000  versus a total put value of  644,000,000 Combined total value = 1,038,400,000

Strike  3940  has a total call value of 497,600,000  versus a total put value of  532,800,000 Combined total value = 1,030,400,000

Strike  3960  has a total call value of 600,800,000  versus a total put value of  421,600,000 Combined total value = 1,022,400,000

Strike  3980  has a total call value of 714,400,000  versus a total put value of  316,800,000 Combined total value = 1,031,200,000

Strike  4000  has a total call value of 828,000,000  versus a total put value of  212,000,000 Combined total value = 1,040,000,000

Strike  4020  has a total call value of 1,259,200,000  versus a total put value of  188,000,000 Combined total value = 1,447,200,000

Strike  4040  has a total call value of 1,692,000,000  versus a total put value of  164,000,000 Combined total value = 1,856,000,000

Strike  4060  has a total call value of 2,124,800,000  versus a total put value of  140,000,000 Combined total value = 2,264,800,000

Strike  4080  has a total call value of 2,560,800,000  versus a total put value of  116,000,000 Combined total value = 2,676,800,000

Strike  4100  has a total call value of 2,996,800,000  versus a total put value of  92,000,000 Combined total value = 3,088,800,000

Strike  4120  has a total call value of 3,508,800,000  versus a total put value of  73,600,000 Combined total value = 3,582,400,000

Strike  4140  has a total call value of 4,020,800,000  versus a total put value of  55,200,000 Combined total value = 4,076,000,000

Strike  4160  has a total call value of 4,532,800,000  versus a total put value of  36,800,000 Combined total value = 4,569,600,000

Strike  4180  has a total call value of 5,044,800,000  versus a total put value of  18,400,000 Combined total value = 5,063,200,000

Strike  4200  has a total call value of 5,556,800,000  versus a total put value of  0 Combined total value = 5,556,800,000

Strike  4220  has a total call value of 6,209,600,000  versus a total put value of  0 Combined total value = 6,209,600,000

Strike  4240  has a total call value of 6,862,400,000  versus a total put value of  0 Combined total value = 6,862,400,000

Strike  4260  has a total call value of 7,515,200,000  versus a total put value of  0 Combined total value = 7,515,200,000

Strike  4280  has a total call value of 8,168,000,000  versus a total put value of  0 Combined total value = 8,168,000,000

Strike  4300  has a total call value of 8,820,800,000  versus a total put value of  0 Combined total value = 8,820,800,000

Strike  4320  has a total call value of 9,571,200,000  versus a total put value of  0 Combined total value = 9,571,200,000

Strike  4340  has a total call value of 10,321,600,000  versus a total put value of  0 Combined total value = 10,321,600,000

Strike  4360  has a total call value of 11,072,000,000  versus a total put value of  0 Combined total value = 11,072,000,000

Strike  4380  has a total call value of 11,822,400,000  versus a total put value of  0 Combined total value = 11,822,400,000

Strike  4400  has a total call value of 12,572,800,000  versus a total put value of  0 Combined total value = 12,572,800,000

Strike  4420  has a total call value of 13,364,000,000  versus a total put value of  0 Combined total value = 13,364,000,000

Strike  4440  has a total call value of 14,155,200,000  versus a total put value of  0 Combined total value = 14,155,200,000

Strike  4460  has a total call value of 14,946,400,000  versus a total put value of  0 Combined total value = 14,946,400,000

Strike  4480  has a total call value of 15,737,600,000  versus a total put value of  0 Combined total value = 15,737,600,000

Strike  4500  has a total call value of 16,528,800,000  versus a total put value of  0 Combined total value = 16,528,800,000

Strike  4520  has a total call value of 17,383,200,000  versus a total put value of  0 Combined total value = 17,383,200,000

Strike  4540  has a total call value of 18,237,600,000  versus a total put value of  0 Combined total value = 18,237,600,000

Strike  4560  has a total call value of 19,092,000,000  versus a total put value of  0 Combined total value = 19,092,000,000

Strike  4580  has a total call value of 19,946,400,000  versus a total put value of  0 Combined total value = 19,946,400,000

Strike  4600  has a total call value of 20,800,800,000  versus a total put value of  0 Combined total value = 20,800,800,000

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.