VOLTAS
VOLTAS LTD
Max pain for VOLTAS
19 Apr 2024 04:18 PM IST
Max Pain for VOLTAS is 1260
Strike 900 has a total call value of 0 versus a total put value of 136,261,800,000 Combined total value = 136,261,800,000
Strike 910 has a total call value of 0 versus a total put value of 131,766,600,000 Combined total value = 131,766,600,000
Strike 920 has a total call value of 0 versus a total put value of 127,271,400,000 Combined total value = 127,271,400,000
Strike 930 has a total call value of 0 versus a total put value of 122,776,200,000 Combined total value = 122,776,200,000
Strike 940 has a total call value of 0 versus a total put value of 118,281,000,000 Combined total value = 118,281,000,000
Strike 950 has a total call value of 0 versus a total put value of 113,785,800,000 Combined total value = 113,785,800,000
Strike 960 has a total call value of 0 versus a total put value of 109,290,600,000 Combined total value = 109,290,600,000
Strike 970 has a total call value of 0 versus a total put value of 104,795,400,000 Combined total value = 104,795,400,000
Strike 980 has a total call value of 0 versus a total put value of 100,300,200,000 Combined total value = 100,300,200,000
Strike 990 has a total call value of 0 versus a total put value of 95,805,000,000 Combined total value = 95,805,000,000
Strike 1000 has a total call value of 0 versus a total put value of 91,309,800,000 Combined total value = 91,309,800,000
Strike 1010 has a total call value of 0 versus a total put value of 86,946,600,000 Combined total value = 86,946,600,000
Strike 1020 has a total call value of 0 versus a total put value of 82,583,400,000 Combined total value = 82,583,400,000
Strike 1030 has a total call value of 0 versus a total put value of 78,265,200,000 Combined total value = 78,265,200,000
Strike 1040 has a total call value of 0 versus a total put value of 73,988,400,000 Combined total value = 73,988,400,000
Strike 1050 has a total call value of 0 versus a total put value of 69,762,600,000 Combined total value = 69,762,600,000
Strike 1060 has a total call value of 17,400,000 versus a total put value of 65,751,600,000 Combined total value = 65,769,000,000
Strike 1070 has a total call value of 34,800,000 versus a total put value of 61,740,600,000 Combined total value = 61,775,400,000
Strike 1080 has a total call value of 52,200,000 versus a total put value of 57,745,800,000 Combined total value = 57,798,000,000
Strike 1090 has a total call value of 92,400,000 versus a total put value of 53,788,200,000 Combined total value = 53,880,600,000
Strike 1100 has a total call value of 132,600,000 versus a total put value of 49,857,000,000 Combined total value = 49,989,600,000
Strike 1110 has a total call value of 242,400,000 versus a total put value of 46,324,800,000 Combined total value = 46,567,200,000
Strike 1120 has a total call value of 352,200,000 versus a total put value of 42,818,400,000 Combined total value = 43,170,600,000
Strike 1130 has a total call value of 486,600,000 versus a total put value of 39,351,600,000 Combined total value = 39,838,200,000
Strike 1140 has a total call value of 651,000,000 versus a total put value of 35,964,600,000 Combined total value = 36,615,600,000
Strike 1150 has a total call value of 899,400,000 versus a total put value of 32,610,600,000 Combined total value = 33,510,000,000
Strike 1160 has a total call value of 1,243,200,000 versus a total put value of 29,474,400,000 Combined total value = 30,717,600,000
Strike 1170 has a total call value of 1,612,200,000 versus a total put value of 26,364,000,000 Combined total value = 27,976,200,000
Strike 1180 has a total call value of 1,981,200,000 versus a total put value of 23,296,800,000 Combined total value = 25,278,000,000
Strike 1190 has a total call value of 2,400,000,000 versus a total put value of 20,365,800,000 Combined total value = 22,765,800,000
Strike 1200 has a total call value of 2,852,400,000 versus a total put value of 17,505,000,000 Combined total value = 20,357,400,000
Strike 1210 has a total call value of 3,504,000,000 versus a total put value of 15,199,200,000 Combined total value = 18,703,200,000
Strike 1220 has a total call value of 4,193,400,000 versus a total put value of 13,056,600,000 Combined total value = 17,250,000,000
Strike 1230 has a total call value of 4,992,000,000 versus a total put value of 11,015,400,000 Combined total value = 16,007,400,000
Strike 1240 has a total call value of 5,845,200,000 versus a total put value of 9,064,800,000 Combined total value = 14,910,000,000
Strike 1250 has a total call value of 6,751,800,000 versus a total put value of 7,276,200,000 Combined total value = 14,028,000,000
Strike 1260 has a total call value of 7,795,800,000 versus a total put value of 5,786,400,000 Combined total value = 13,582,200,000
Strike 1270 has a total call value of 8,901,600,000 versus a total put value of 4,710,600,000 Combined total value = 13,612,200,000
Strike 1280 has a total call value of 10,161,000,000 versus a total put value of 3,730,200,000 Combined total value = 13,891,200,000
Strike 1290 has a total call value of 11,591,400,000 versus a total put value of 2,884,200,000 Combined total value = 14,475,600,000
Strike 1300 has a total call value of 13,082,400,000 versus a total put value of 2,094,600,000 Combined total value = 15,177,000,000
Strike 1310 has a total call value of 15,131,400,000 versus a total put value of 1,580,400,000 Combined total value = 16,711,800,000
Strike 1320 has a total call value of 17,323,800,000 versus a total put value of 1,110,000,000 Combined total value = 18,433,800,000
Strike 1330 has a total call value of 19,762,200,000 versus a total put value of 727,800,000 Combined total value = 20,490,000,000
Strike 1340 has a total call value of 22,383,000,000 versus a total put value of 406,200,000 Combined total value = 22,789,200,000
Strike 1350 has a total call value of 25,435,200,000 versus a total put value of 178,200,000 Combined total value = 25,613,400,000
Strike 1360 has a total call value of 29,767,800,000 versus a total put value of 86,400,000 Combined total value = 29,854,200,000
Strike 1370 has a total call value of 34,367,400,000 versus a total put value of 64,800,000 Combined total value = 34,432,200,000
Strike 1380 has a total call value of 39,167,400,000 versus a total put value of 43,200,000 Combined total value = 39,210,600,000
Strike 1390 has a total call value of 44,322,600,000 versus a total put value of 21,600,000 Combined total value = 44,344,200,000
Strike 1400 has a total call value of 49,522,800,000 versus a total put value of 0 Combined total value = 49,522,800,000
Strike 1410 has a total call value of 55,902,000,000 versus a total put value of 0 Combined total value = 55,902,000,000
Strike 1420 has a total call value of 62,330,400,000 versus a total put value of 0 Combined total value = 62,330,400,000
Strike 1430 has a total call value of 68,897,400,000 versus a total put value of 0 Combined total value = 68,897,400,000
Strike 1440 has a total call value of 75,490,200,000 versus a total put value of 0 Combined total value = 75,490,200,000
Strike 1450 has a total call value of 82,126,800,000 versus a total put value of 0 Combined total value = 82,126,800,000
Strike 1460 has a total call value of 88,974,000,000 versus a total put value of 0 Combined total value = 88,974,000,000
Strike 1470 has a total call value of 95,859,600,000 versus a total put value of 0 Combined total value = 95,859,600,000
Strike 1480 has a total call value of 102,761,400,000 versus a total put value of 0 Combined total value = 102,761,400,000
Strike 1490 has a total call value of 109,663,200,000 versus a total put value of 0 Combined total value = 109,663,200,000
Strike 1500 has a total call value of 116,593,800,000 versus a total put value of 0 Combined total value = 116,593,800,000
Strike 1510 has a total call value of 123,613,800,000 versus a total put value of 0 Combined total value = 123,613,800,000
Strike 1520 has a total call value of 130,652,400,000 versus a total put value of 0 Combined total value = 130,652,400,000
Strike 1530 has a total call value of 137,703,000,000 versus a total put value of 0 Combined total value = 137,703,000,000
Strike 1540 has a total call value of 144,753,600,000 versus a total put value of 0 Combined total value = 144,753,600,000
Strike 1550 has a total call value of 151,842,000,000 versus a total put value of 0 Combined total value = 151,842,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.