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WIPRO
WIPRO LTD

406.25 9.40 (2.37%)


Strike  330  has a total call value of 0  versus a total put value of  57,255,750,000 Combined total value = 57,255,750,000

Strike  332.5  has a total call value of 0  versus a total put value of  54,744,750,000 Combined total value = 54,744,750,000

Strike  335  has a total call value of 0  versus a total put value of  52,233,750,000 Combined total value = 52,233,750,000

Strike  337.5  has a total call value of 0  versus a total put value of  49,722,750,000 Combined total value = 49,722,750,000

Strike  340  has a total call value of 0  versus a total put value of  47,211,750,000 Combined total value = 47,211,750,000

Strike  342.5  has a total call value of 0  versus a total put value of  44,740,875,000 Combined total value = 44,740,875,000

Strike  345  has a total call value of 0  versus a total put value of  42,270,000,000 Combined total value = 42,270,000,000

Strike  347.5  has a total call value of 0  versus a total put value of  39,799,125,000 Combined total value = 39,799,125,000

Strike  350  has a total call value of 0  versus a total put value of  37,328,250,000 Combined total value = 37,328,250,000

Strike  352.5  has a total call value of 4,125,000  versus a total put value of  35,037,375,000 Combined total value = 35,041,500,000

Strike  355  has a total call value of 8,250,000  versus a total put value of  32,750,625,000 Combined total value = 32,758,875,000

Strike  357.5  has a total call value of 12,375,000  versus a total put value of  30,463,875,000 Combined total value = 30,476,250,000

Strike  360  has a total call value of 16,500,000  versus a total put value of  28,177,125,000 Combined total value = 28,193,625,000

Strike  362.5  has a total call value of 34,125,000  versus a total put value of  26,001,375,000 Combined total value = 26,035,500,000

Strike  365  has a total call value of 55,125,000  versus a total put value of  23,839,500,000 Combined total value = 23,894,625,000

Strike  367.5  has a total call value of 76,125,000  versus a total put value of  21,727,500,000 Combined total value = 21,803,625,000

Strike  370  has a total call value of 97,125,000  versus a total put value of  19,632,000,000 Combined total value = 19,729,125,000

Strike  372.5  has a total call value of 138,750,000  versus a total put value of  17,677,125,000 Combined total value = 17,815,875,000

Strike  375  has a total call value of 180,375,000  versus a total put value of  15,733,125,000 Combined total value = 15,913,500,000

Strike  377.5  has a total call value of 238,125,000  versus a total put value of  13,852,875,000 Combined total value = 14,091,000,000

Strike  380  has a total call value of 295,875,000  versus a total put value of  12,001,125,000 Combined total value = 12,297,000,000

Strike  382.5  has a total call value of 414,750,000  versus a total put value of  10,441,125,000 Combined total value = 10,855,875,000

Strike  385  has a total call value of 569,250,000  versus a total put value of  8,907,750,000 Combined total value = 9,477,000,000

Strike  387.5  has a total call value of 813,375,000  versus a total put value of  7,458,375,000 Combined total value = 8,271,750,000

Strike  390  has a total call value of 1,084,875,000  versus a total put value of  6,048,750,000 Combined total value = 7,133,625,000

Strike  392.5  has a total call value of 1,443,000,000  versus a total put value of  4,903,875,000 Combined total value = 6,346,875,000

Strike  395  has a total call value of 1,823,250,000  versus a total put value of  3,802,875,000 Combined total value = 5,626,125,000

Strike  397.5  has a total call value of 2,275,500,000  versus a total put value of  3,006,750,000 Combined total value = 5,282,250,000

Strike  400  has a total call value of 2,757,000,000  versus a total put value of  2,268,375,000 Combined total value = 5,025,375,000

Strike  402.5  has a total call value of 3,538,875,000  versus a total put value of  1,839,375,000 Combined total value = 5,378,250,000

Strike  405  has a total call value of 4,360,125,000  versus a total put value of  1,504,125,000 Combined total value = 5,864,250,000

Strike  407.5  has a total call value of 5,356,125,000  versus a total put value of  1,272,000,000 Combined total value = 6,628,125,000

Strike  410  has a total call value of 6,407,625,000  versus a total put value of  1,064,625,000 Combined total value = 7,472,250,000

Strike  412.5  has a total call value of 7,699,875,000  versus a total put value of  931,125,000 Combined total value = 8,631,000,000

Strike  415  has a total call value of 9,031,875,000  versus a total put value of  804,375,000 Combined total value = 9,836,250,000

Strike  417.5  has a total call value of 10,521,000,000  versus a total put value of  700,875,000 Combined total value = 11,221,875,000

Strike  420  has a total call value of 12,030,750,000  versus a total put value of  597,750,000 Combined total value = 12,628,500,000

Strike  422.5  has a total call value of 13,926,000,000  versus a total put value of  528,750,000 Combined total value = 14,454,750,000

Strike  425  has a total call value of 15,831,750,000  versus a total put value of  459,750,000 Combined total value = 16,291,500,000

Strike  427.5  has a total call value of 17,770,875,000  versus a total put value of  393,000,000 Combined total value = 18,163,875,000

Strike  430  has a total call value of 19,710,000,000  versus a total put value of  326,250,000 Combined total value = 20,036,250,000

Strike  432.5  has a total call value of 21,753,375,000  versus a total put value of  279,750,000 Combined total value = 22,033,125,000

Strike  435  has a total call value of 23,796,750,000  versus a total put value of  233,250,000 Combined total value = 24,030,000,000

Strike  437.5  has a total call value of 25,846,875,000  versus a total put value of  191,250,000 Combined total value = 26,038,125,000

Strike  440  has a total call value of 27,897,000,000  versus a total put value of  149,250,000 Combined total value = 28,046,250,000

Strike  442.5  has a total call value of 30,051,375,000  versus a total put value of  117,750,000 Combined total value = 30,169,125,000

Strike  445  has a total call value of 32,205,750,000  versus a total put value of  86,250,000 Combined total value = 32,292,000,000

Strike  447.5  has a total call value of 34,360,125,000  versus a total put value of  55,125,000 Combined total value = 34,415,250,000

Strike  450  has a total call value of 36,514,500,000  versus a total put value of  24,000,000 Combined total value = 36,538,500,000

Strike  452.5  has a total call value of 38,830,875,000  versus a total put value of  20,250,000 Combined total value = 38,851,125,000

Strike  455  has a total call value of 41,147,250,000  versus a total put value of  16,500,000 Combined total value = 41,163,750,000

Strike  457.5  has a total call value of 43,463,625,000  versus a total put value of  12,750,000 Combined total value = 43,476,375,000

Strike  460  has a total call value of 45,780,000,000  versus a total put value of  9,000,000 Combined total value = 45,789,000,000

Strike  462.5  has a total call value of 48,125,625,000  versus a total put value of  8,250,000 Combined total value = 48,133,875,000

Strike  465  has a total call value of 50,471,250,000  versus a total put value of  7,500,000 Combined total value = 50,478,750,000

Strike  467.5  has a total call value of 52,816,875,000  versus a total put value of  6,750,000 Combined total value = 52,823,625,000

Strike  470  has a total call value of 55,162,500,000  versus a total put value of  6,000,000 Combined total value = 55,168,500,000

Strike  472.5  has a total call value of 57,508,125,000  versus a total put value of  5,250,000 Combined total value = 57,513,375,000

Strike  475  has a total call value of 59,853,750,000  versus a total put value of  4,500,000 Combined total value = 59,858,250,000

Strike  477.5  has a total call value of 62,199,375,000  versus a total put value of  3,750,000 Combined total value = 62,203,125,000

Strike  480  has a total call value of 64,545,000,000  versus a total put value of  3,000,000 Combined total value = 64,548,000,000

Strike  482.5  has a total call value of 66,890,625,000  versus a total put value of  2,250,000 Combined total value = 66,892,875,000

Strike  485  has a total call value of 69,236,250,000  versus a total put value of  1,500,000 Combined total value = 69,237,750,000

Strike  487.5  has a total call value of 71,581,875,000  versus a total put value of  750,000 Combined total value = 71,582,625,000

Strike  490  has a total call value of 73,927,500,000  versus a total put value of  0 Combined total value = 73,927,500,000

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.