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ULTRACEMCO
ULTRATECH CEMENT LIMITED

10000.9 39.70 (0.40%)


Strike  8800  has a total call value of 0  versus a total put value of  31,396,000,000 Combined total value = 31,396,000,000

Strike  8850  has a total call value of 0  versus a total put value of  29,520,000,000 Combined total value = 29,520,000,000

Strike  8900  has a total call value of 0  versus a total put value of  27,644,000,000 Combined total value = 27,644,000,000

Strike  8950  has a total call value of 0  versus a total put value of  25,768,000,000 Combined total value = 25,768,000,000

Strike  9000  has a total call value of 0  versus a total put value of  23,892,000,000 Combined total value = 23,892,000,000

Strike  9050  has a total call value of 0  versus a total put value of  22,281,000,000 Combined total value = 22,281,000,000

Strike  9100  has a total call value of 0  versus a total put value of  20,670,000,000 Combined total value = 20,670,000,000

Strike  9150  has a total call value of 0  versus a total put value of  19,059,000,000 Combined total value = 19,059,000,000

Strike  9200  has a total call value of 0  versus a total put value of  17,448,000,000 Combined total value = 17,448,000,000

Strike  9250  has a total call value of 0  versus a total put value of  15,973,500,000 Combined total value = 15,973,500,000

Strike  9300  has a total call value of 0  versus a total put value of  14,499,000,000 Combined total value = 14,499,000,000

Strike  9350  has a total call value of 0  versus a total put value of  13,079,500,000 Combined total value = 13,079,500,000

Strike  9400  has a total call value of 0  versus a total put value of  11,674,500,000 Combined total value = 11,674,500,000

Strike  9450  has a total call value of 0  versus a total put value of  10,339,000,000 Combined total value = 10,339,000,000

Strike  9500  has a total call value of 0  versus a total put value of  9,014,500,000 Combined total value = 9,014,500,000

Strike  9550  has a total call value of 30,000,000  versus a total put value of  7,889,000,000 Combined total value = 7,919,000,000

Strike  9600  has a total call value of 60,000,000  versus a total put value of  6,763,500,000 Combined total value = 6,823,500,000

Strike  9650  has a total call value of 90,000,000  versus a total put value of  5,709,000,000 Combined total value = 5,799,000,000

Strike  9700  has a total call value of 120,000,000  versus a total put value of  4,679,500,000 Combined total value = 4,799,500,000

Strike  9750  has a total call value of 187,500,000  versus a total put value of  3,795,000,000 Combined total value = 3,982,500,000

Strike  9800  has a total call value of 282,000,000  versus a total put value of  2,978,000,000 Combined total value = 3,260,000,000

Strike  9850  has a total call value of 456,000,000  versus a total put value of  2,348,000,000 Combined total value = 2,804,000,000

Strike  9900  has a total call value of 648,000,000  versus a total put value of  1,751,500,000 Combined total value = 2,399,500,000

Strike  9950  has a total call value of 916,000,000  versus a total put value of  1,265,500,000 Combined total value = 2,181,500,000

Strike  10000  has a total call value of 1,263,000,000  versus a total put value of  838,500,000 Combined total value = 2,101,500,000

Strike  10050  has a total call value of 2,193,000,000  versus a total put value of  581,500,000 Combined total value = 2,774,500,000

Strike  10100  has a total call value of 3,217,500,000  versus a total put value of  338,000,000 Combined total value = 3,555,500,000

Strike  10150  has a total call value of 4,783,500,000  versus a total put value of  214,000,000 Combined total value = 4,997,500,000

Strike  10200  has a total call value of 6,454,500,000  versus a total put value of  90,000,000 Combined total value = 6,544,500,000

Strike  10250  has a total call value of 8,673,500,000  versus a total put value of  53,000,000 Combined total value = 8,726,500,000

Strike  10300  has a total call value of 10,990,500,000  versus a total put value of  16,000,000 Combined total value = 11,006,500,000

Strike  10350  has a total call value of 13,617,500,000  versus a total put value of  8,000,000 Combined total value = 13,625,500,000

Strike  10400  has a total call value of 16,360,000,000  versus a total put value of  0 Combined total value = 16,360,000,000

Strike  10450  has a total call value of 19,379,000,000  versus a total put value of  0 Combined total value = 19,379,000,000

Strike  10500  has a total call value of 22,448,500,000  versus a total put value of  0 Combined total value = 22,448,500,000

Strike  10550  has a total call value of 26,230,000,000  versus a total put value of  0 Combined total value = 26,230,000,000

Strike  10600  has a total call value of 30,041,500,000  versus a total put value of  0 Combined total value = 30,041,500,000

Strike  10650  has a total call value of 34,101,000,000  versus a total put value of  0 Combined total value = 34,101,000,000

Strike  10700  has a total call value of 38,167,000,000  versus a total put value of  0 Combined total value = 38,167,000,000

Strike  10750  has a total call value of 42,312,000,000  versus a total put value of  0 Combined total value = 42,312,000,000

Strike  10800  has a total call value of 46,461,000,000  versus a total put value of  0 Combined total value = 46,461,000,000

Strike  10850  has a total call value of 50,682,500,000  versus a total put value of  0 Combined total value = 50,682,500,000

Strike  10900  has a total call value of 54,911,500,000  versus a total put value of  0 Combined total value = 54,911,500,000

Strike  10950  has a total call value of 59,178,000,000  versus a total put value of  0 Combined total value = 59,178,000,000

Strike  11000  has a total call value of 63,444,500,000  versus a total put value of  0 Combined total value = 63,444,500,000

Strike  11050  has a total call value of 67,968,000,000  versus a total put value of  0 Combined total value = 67,968,000,000

Strike  11100  has a total call value of 72,491,500,000  versus a total put value of  0 Combined total value = 72,491,500,000

Strike  11150  has a total call value of 77,029,500,000  versus a total put value of  0 Combined total value = 77,029,500,000

Strike  11200  has a total call value of 81,567,500,000  versus a total put value of  0 Combined total value = 81,567,500,000

Strike  11250  has a total call value of 86,151,500,000  versus a total put value of  0 Combined total value = 86,151,500,000

Strike  11300  has a total call value of 90,748,000,000  versus a total put value of  0 Combined total value = 90,748,000,000

Strike  11350  has a total call value of 95,344,500,000  versus a total put value of  0 Combined total value = 95,344,500,000

Strike  11400  has a total call value of 99,941,000,000  versus a total put value of  0 Combined total value = 99,941,000,000

Strike  11450  has a total call value of 104,537,500,000  versus a total put value of  0 Combined total value = 104,537,500,000

Strike  11500  has a total call value of 109,134,000,000  versus a total put value of  0 Combined total value = 109,134,000,000

Strike  11550  has a total call value of 113,844,000,000  versus a total put value of  0 Combined total value = 113,844,000,000

Strike  11600  has a total call value of 118,554,000,000  versus a total put value of  0 Combined total value = 118,554,000,000

Strike  11650  has a total call value of 123,292,000,000  versus a total put value of  0 Combined total value = 123,292,000,000

Strike  11700  has a total call value of 128,030,000,000  versus a total put value of  0 Combined total value = 128,030,000,000

Strike  11750  has a total call value of 132,768,000,000  versus a total put value of  0 Combined total value = 132,768,000,000

Strike  11800  has a total call value of 137,506,000,000  versus a total put value of  0 Combined total value = 137,506,000,000

Strike  11850  has a total call value of 142,244,000,000  versus a total put value of  0 Combined total value = 142,244,000,000

Strike  11900  has a total call value of 146,982,000,000  versus a total put value of  0 Combined total value = 146,982,000,000

Strike  11950  has a total call value of 151,720,000,000  versus a total put value of  0 Combined total value = 151,720,000,000

Strike  12000  has a total call value of 156,458,000,000  versus a total put value of  0 Combined total value = 156,458,000,000

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.