WIPRO
WIPRO LTD
Max pain for WIPRO
29 Nov 2023 04:18 PM IST
Max Pain for WIPRO is 400
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
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.