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WIPRO
WIPRO LTD

517.7 -13.75 (-2.59%)


Strike  380  has a total call value of 0  versus a total put value of  122,028,375,000 Combined total value = 122,028,375,000

Strike  382.5  has a total call value of 0  versus a total put value of  119,140,500,000 Combined total value = 119,140,500,000

Strike  385  has a total call value of 0  versus a total put value of  116,252,625,000 Combined total value = 116,252,625,000

Strike  387.5  has a total call value of 0  versus a total put value of  113,364,750,000 Combined total value = 113,364,750,000

Strike  390  has a total call value of 0  versus a total put value of  110,476,875,000 Combined total value = 110,476,875,000

Strike  392.5  has a total call value of 0  versus a total put value of  107,589,000,000 Combined total value = 107,589,000,000

Strike  395  has a total call value of 0  versus a total put value of  104,701,125,000 Combined total value = 104,701,125,000

Strike  397.5  has a total call value of 0  versus a total put value of  101,813,250,000 Combined total value = 101,813,250,000

Strike  400  has a total call value of 0  versus a total put value of  98,925,375,000 Combined total value = 98,925,375,000

Strike  402.5  has a total call value of 0  versus a total put value of  96,219,375,000 Combined total value = 96,219,375,000

Strike  405  has a total call value of 0  versus a total put value of  93,513,375,000 Combined total value = 93,513,375,000

Strike  407.5  has a total call value of 0  versus a total put value of  90,807,375,000 Combined total value = 90,807,375,000

Strike  410  has a total call value of 0  versus a total put value of  88,101,375,000 Combined total value = 88,101,375,000

Strike  412.5  has a total call value of 0  versus a total put value of  85,423,875,000 Combined total value = 85,423,875,000

Strike  415  has a total call value of 0  versus a total put value of  82,761,375,000 Combined total value = 82,761,375,000

Strike  417.5  has a total call value of 0  versus a total put value of  80,106,375,000 Combined total value = 80,106,375,000

Strike  420  has a total call value of 0  versus a total put value of  77,451,375,000 Combined total value = 77,451,375,000

Strike  422.5  has a total call value of 2,250,000  versus a total put value of  74,861,250,000 Combined total value = 74,863,500,000

Strike  425  has a total call value of 4,500,000  versus a total put value of  72,271,125,000 Combined total value = 72,275,625,000

Strike  427.5  has a total call value of 6,750,000  versus a total put value of  69,707,250,000 Combined total value = 69,714,000,000

Strike  430  has a total call value of 9,000,000  versus a total put value of  67,143,375,000 Combined total value = 67,152,375,000

Strike  432.5  has a total call value of 20,250,000  versus a total put value of  64,663,875,000 Combined total value = 64,684,125,000

Strike  435  has a total call value of 31,500,000  versus a total put value of  62,184,375,000 Combined total value = 62,215,875,000

Strike  437.5  has a total call value of 42,750,000  versus a total put value of  59,715,750,000 Combined total value = 59,758,500,000

Strike  440  has a total call value of 54,000,000  versus a total put value of  57,254,625,000 Combined total value = 57,308,625,000

Strike  442.5  has a total call value of 65,250,000  versus a total put value of  54,840,375,000 Combined total value = 54,905,625,000

Strike  445  has a total call value of 76,500,000  versus a total put value of  52,426,125,000 Combined total value = 52,502,625,000

Strike  447.5  has a total call value of 87,750,000  versus a total put value of  50,031,750,000 Combined total value = 50,119,500,000

Strike  450  has a total call value of 99,000,000  versus a total put value of  47,637,375,000 Combined total value = 47,736,375,000

Strike  452.5  has a total call value of 141,375,000  versus a total put value of  45,406,875,000 Combined total value = 45,548,250,000

Strike  455  has a total call value of 183,750,000  versus a total put value of  43,176,375,000 Combined total value = 43,360,125,000

Strike  457.5  has a total call value of 226,125,000  versus a total put value of  40,968,000,000 Combined total value = 41,194,125,000

Strike  460  has a total call value of 268,500,000  versus a total put value of  38,759,625,000 Combined total value = 39,028,125,000

Strike  462.5  has a total call value of 333,375,000  versus a total put value of  36,658,875,000 Combined total value = 36,992,250,000

Strike  465  has a total call value of 398,250,000  versus a total put value of  34,558,125,000 Combined total value = 34,956,375,000

Strike  467.5  has a total call value of 463,125,000  versus a total put value of  32,477,625,000 Combined total value = 32,940,750,000

Strike  470  has a total call value of 528,000,000  versus a total put value of  30,409,875,000 Combined total value = 30,937,875,000

Strike  472.5  has a total call value of 632,625,000  versus a total put value of  28,472,250,000 Combined total value = 29,104,875,000

Strike  475  has a total call value of 762,000,000  versus a total put value of  26,556,750,000 Combined total value = 27,318,750,000

Strike  477.5  has a total call value of 909,750,000  versus a total put value of  24,684,000,000 Combined total value = 25,593,750,000

Strike  480  has a total call value of 1,069,125,000  versus a total put value of  22,832,625,000 Combined total value = 23,901,750,000

Strike  482.5  has a total call value of 1,269,375,000  versus a total put value of  21,148,125,000 Combined total value = 22,417,500,000

Strike  485  has a total call value of 1,483,125,000  versus a total put value of  19,463,625,000 Combined total value = 20,946,750,000

Strike  487.5  has a total call value of 1,711,875,000  versus a total put value of  17,820,375,000 Combined total value = 19,532,250,000

Strike  490  has a total call value of 1,940,625,000  versus a total put value of  16,199,625,000 Combined total value = 18,140,250,000

Strike  492.5  has a total call value of 2,275,125,000  versus a total put value of  14,693,250,000 Combined total value = 16,968,375,000

Strike  495  has a total call value of 2,609,625,000  versus a total put value of  13,210,875,000 Combined total value = 15,820,500,000

Strike  497.5  has a total call value of 2,987,625,000  versus a total put value of  11,765,250,000 Combined total value = 14,752,875,000

Strike  500  has a total call value of 3,385,500,000  versus a total put value of  10,355,250,000 Combined total value = 13,740,750,000

Strike  502.5  has a total call value of 3,954,375,000  versus a total put value of  9,301,125,000 Combined total value = 13,255,500,000

Strike  505  has a total call value of 4,551,750,000  versus a total put value of  8,277,750,000 Combined total value = 12,829,500,000

Strike  507.5  has a total call value of 5,170,875,000  versus a total put value of  7,301,625,000 Combined total value = 12,472,500,000

Strike  510  has a total call value of 5,810,625,000  versus a total put value of  6,361,875,000 Combined total value = 12,172,500,000

Strike  512.5  has a total call value of 6,657,375,000  versus a total put value of  5,609,250,000 Combined total value = 12,266,625,000

Strike  515  has a total call value of 7,516,500,000  versus a total put value of  4,886,250,000 Combined total value = 12,402,750,000

Strike  517.5  has a total call value of 8,404,125,000  versus a total put value of  4,219,875,000 Combined total value = 12,624,000,000

Strike  520  has a total call value of 9,306,000,000  versus a total put value of  3,580,500,000 Combined total value = 12,886,500,000

Strike  522.5  has a total call value of 10,383,375,000  versus a total put value of  3,083,625,000 Combined total value = 13,467,000,000

Strike  525  has a total call value of 11,460,750,000  versus a total put value of  2,586,750,000 Combined total value = 14,047,500,000

Strike  527.5  has a total call value of 12,656,625,000  versus a total put value of  2,156,250,000 Combined total value = 14,812,875,000

Strike  530  has a total call value of 13,852,500,000  versus a total put value of  1,725,750,000 Combined total value = 15,578,250,000

Strike  532.5  has a total call value of 15,353,250,000  versus a total put value of  1,395,000,000 Combined total value = 16,748,250,000

Strike  535  has a total call value of 16,854,000,000  versus a total put value of  1,064,250,000 Combined total value = 17,918,250,000

Strike  537.5  has a total call value of 18,555,750,000  versus a total put value of  795,375,000 Combined total value = 19,351,125,000

Strike  540  has a total call value of 20,257,500,000  versus a total put value of  526,500,000 Combined total value = 20,784,000,000

Strike  542.5  has a total call value of 22,637,625,000  versus a total put value of  425,250,000 Combined total value = 23,062,875,000

Strike  545  has a total call value of 25,017,750,000  versus a total put value of  324,000,000 Combined total value = 25,341,750,000

Strike  547.5  has a total call value of 27,583,125,000  versus a total put value of  238,875,000 Combined total value = 27,822,000,000

Strike  550  has a total call value of 30,148,500,000  versus a total put value of  153,750,000 Combined total value = 30,302,250,000

Strike  552.5  has a total call value of 33,387,000,000  versus a total put value of  119,625,000 Combined total value = 33,506,625,000

Strike  555  has a total call value of 36,625,500,000  versus a total put value of  85,500,000 Combined total value = 36,711,000,000

Strike  557.5  has a total call value of 39,953,250,000  versus a total put value of  56,250,000 Combined total value = 40,009,500,000

Strike  560  has a total call value of 43,281,000,000  versus a total put value of  27,000,000 Combined total value = 43,308,000,000

Strike  562.5  has a total call value of 46,896,000,000  versus a total put value of  13,500,000 Combined total value = 46,909,500,000

Strike  565  has a total call value of 50,511,000,000  versus a total put value of  0 Combined total value = 50,511,000,000

Strike  567.5  has a total call value of 54,190,875,000  versus a total put value of  0 Combined total value = 54,190,875,000

Strike  570  has a total call value of 57,870,750,000  versus a total put value of  0 Combined total value = 57,870,750,000

Strike  572.5  has a total call value of 61,736,250,000  versus a total put value of  0 Combined total value = 61,736,250,000

Strike  575  has a total call value of 65,601,750,000  versus a total put value of  0 Combined total value = 65,601,750,000

Strike  577.5  has a total call value of 69,553,500,000  versus a total put value of  0 Combined total value = 69,553,500,000

Strike  580  has a total call value of 73,505,250,000  versus a total put value of  0 Combined total value = 73,505,250,000

Strike  582.5  has a total call value of 77,816,250,000  versus a total put value of  0 Combined total value = 77,816,250,000

Strike  585  has a total call value of 82,127,250,000  versus a total put value of  0 Combined total value = 82,127,250,000

Strike  587.5  has a total call value of 86,456,250,000  versus a total put value of  0 Combined total value = 86,456,250,000

Strike  590  has a total call value of 90,785,250,000  versus a total put value of  0 Combined total value = 90,785,250,000

Strike  595  has a total call value of 99,694,500,000  versus a total put value of  0 Combined total value = 99,694,500,000

Strike  600  has a total call value of 108,639,750,000  versus a total put value of  0 Combined total value = 108,639,750,000

Strike  605  has a total call value of 117,766,500,000  versus a total put value of  0 Combined total value = 117,766,500,000

Strike  610  has a total call value of 126,893,250,000  versus a total put value of  0 Combined total value = 126,893,250,000

Strike  615  has a total call value of 136,097,250,000  versus a total put value of  0 Combined total value = 136,097,250,000

Strike  620  has a total call value of 145,302,750,000  versus a total put value of  0 Combined total value = 145,302,750,000

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.