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WIPRO
WIPRO LTD

477.5 -5.10 (-1.06%)

Max pain for WIPRO

14 Jun 2024 04:08 PM IST

Max Pain for WIPRO is 475  



Strike  360  has a total call value of 0  versus a total put value of  188,201,250,000 Combined total value = 188,201,250,000

Strike  365  has a total call value of 0  versus a total put value of  178,253,250,000 Combined total value = 178,253,250,000

Strike  370  has a total call value of 0  versus a total put value of  168,305,250,000 Combined total value = 168,305,250,000

Strike  375  has a total call value of 0  versus a total put value of  158,357,250,000 Combined total value = 158,357,250,000

Strike  380  has a total call value of 0  versus a total put value of  148,409,250,000 Combined total value = 148,409,250,000

Strike  385  has a total call value of 0  versus a total put value of  138,711,000,000 Combined total value = 138,711,000,000

Strike  390  has a total call value of 0  versus a total put value of  129,012,750,000 Combined total value = 129,012,750,000

Strike  395  has a total call value of 0  versus a total put value of  119,397,000,000 Combined total value = 119,397,000,000

Strike  400  has a total call value of 0  versus a total put value of  109,781,250,000 Combined total value = 109,781,250,000

Strike  405  has a total call value of 66,000,000  versus a total put value of  100,740,750,000 Combined total value = 100,806,750,000

Strike  410  has a total call value of 132,000,000  versus a total put value of  91,725,000,000 Combined total value = 91,857,000,000

Strike  415  has a total call value of 198,000,000  versus a total put value of  82,884,750,000 Combined total value = 83,082,750,000

Strike  420  has a total call value of 264,000,000  versus a total put value of  74,044,500,000 Combined total value = 74,308,500,000

Strike  425  has a total call value of 399,750,000  versus a total put value of  65,586,750,000 Combined total value = 65,986,500,000

Strike  430  has a total call value of 535,500,000  versus a total put value of  57,192,750,000 Combined total value = 57,728,250,000

Strike  435  has a total call value of 779,250,000  versus a total put value of  49,424,250,000 Combined total value = 50,203,500,000

Strike  440  has a total call value of 1,023,000,000  versus a total put value of  41,797,500,000 Combined total value = 42,820,500,000

Strike  445  has a total call value of 1,520,250,000  versus a total put value of  34,758,000,000 Combined total value = 36,278,250,000

Strike  450  has a total call value of 2,098,500,000  versus a total put value of  27,925,500,000 Combined total value = 30,024,000,000

Strike  455  has a total call value of 3,169,500,000  versus a total put value of  22,348,500,000 Combined total value = 25,518,000,000

Strike  460  has a total call value of 4,338,000,000  versus a total put value of  17,220,750,000 Combined total value = 21,558,750,000

Strike  465  has a total call value of 5,983,500,000  versus a total put value of  13,204,500,000 Combined total value = 19,188,000,000

Strike  470  has a total call value of 7,744,500,000  versus a total put value of  9,417,000,000 Combined total value = 17,161,500,000

Strike  475  has a total call value of 10,310,250,000  versus a total put value of  6,528,000,000 Combined total value = 16,838,250,000

Strike  480  has a total call value of 13,234,500,000  versus a total put value of  4,074,750,000 Combined total value = 17,309,250,000

Strike  485  has a total call value of 18,664,500,000  versus a total put value of  2,754,750,000 Combined total value = 21,419,250,000

Strike  490  has a total call value of 25,407,000,000  versus a total put value of  1,788,000,000 Combined total value = 27,195,000,000

Strike  495  has a total call value of 34,075,500,000  versus a total put value of  1,164,000,000 Combined total value = 35,239,500,000

Strike  500  has a total call value of 43,326,750,000  versus a total put value of  595,500,000 Combined total value = 43,922,250,000

Strike  505  has a total call value of 56,283,750,000  versus a total put value of  382,500,000 Combined total value = 56,666,250,000

Strike  510  has a total call value of 69,565,500,000  versus a total put value of  181,500,000 Combined total value = 69,747,000,000

Strike  515  has a total call value of 83,581,500,000  versus a total put value of  85,500,000 Combined total value = 83,667,000,000

Strike  520  has a total call value of 97,777,500,000  versus a total put value of  0 Combined total value = 97,777,500,000

Strike  525  has a total call value of 112,752,000,000  versus a total put value of  0 Combined total value = 112,752,000,000

Strike  530  has a total call value of 127,829,250,000  versus a total put value of  0 Combined total value = 127,829,250,000

Strike  535  has a total call value of 143,508,750,000  versus a total put value of  0 Combined total value = 143,508,750,000

Strike  540  has a total call value of 159,228,750,000  versus a total put value of  0 Combined total value = 159,228,750,000

Strike  545  has a total call value of 175,669,500,000  versus a total put value of  0 Combined total value = 175,669,500,000

Strike  550  has a total call value of 192,138,750,000  versus a total put value of  0 Combined total value = 192,138,750,000

Strike  555  has a total call value of 210,031,500,000  versus a total put value of  0 Combined total value = 210,031,500,000

Strike  560  has a total call value of 227,924,250,000  versus a total put value of  0 Combined total value = 227,924,250,000

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.