SILVER
SilverMax pain for SILVER
18 Oct 2025 04:56 PM IST
Max Pain for SILVER is 154000
Strike 100000 has a total call value of 0 versus a total put value of 1,574,867,250,000 Combined total value = 1,574,867,250,000
Strike 100250 has a total call value of 0 versus a total put value of 1,565,736,750,000 Combined total value = 1,565,736,750,000
Strike 100500 has a total call value of 0 versus a total put value of 1,556,606,250,000 Combined total value = 1,556,606,250,000
Strike 100750 has a total call value of 0 versus a total put value of 1,547,475,750,000 Combined total value = 1,547,475,750,000
Strike 101000 has a total call value of 0 versus a total put value of 1,538,345,250,000 Combined total value = 1,538,345,250,000
Strike 101250 has a total call value of 0 versus a total put value of 1,529,216,250,000 Combined total value = 1,529,216,250,000
Strike 101500 has a total call value of 0 versus a total put value of 1,520,087,250,000 Combined total value = 1,520,087,250,000
Strike 101750 has a total call value of 0 versus a total put value of 1,510,958,250,000 Combined total value = 1,510,958,250,000
Strike 102000 has a total call value of 0 versus a total put value of 1,501,829,250,000 Combined total value = 1,501,829,250,000
Strike 102250 has a total call value of 0 versus a total put value of 1,492,700,250,000 Combined total value = 1,492,700,250,000
Strike 102500 has a total call value of 0 versus a total put value of 1,483,571,250,000 Combined total value = 1,483,571,250,000
Strike 102750 has a total call value of 0 versus a total put value of 1,474,442,250,000 Combined total value = 1,474,442,250,000
Strike 103000 has a total call value of 0 versus a total put value of 1,465,313,250,000 Combined total value = 1,465,313,250,000
Strike 103250 has a total call value of 0 versus a total put value of 1,456,184,250,000 Combined total value = 1,456,184,250,000
Strike 103500 has a total call value of 0 versus a total put value of 1,447,055,250,000 Combined total value = 1,447,055,250,000
Strike 103750 has a total call value of 0 versus a total put value of 1,437,926,250,000 Combined total value = 1,437,926,250,000
Strike 104000 has a total call value of 0 versus a total put value of 1,428,797,250,000 Combined total value = 1,428,797,250,000
Strike 104250 has a total call value of 0 versus a total put value of 1,419,668,250,000 Combined total value = 1,419,668,250,000
Strike 104500 has a total call value of 0 versus a total put value of 1,410,539,250,000 Combined total value = 1,410,539,250,000
Strike 104750 has a total call value of 0 versus a total put value of 1,401,410,250,000 Combined total value = 1,401,410,250,000
Strike 105000 has a total call value of 0 versus a total put value of 1,392,281,250,000 Combined total value = 1,392,281,250,000
Strike 105250 has a total call value of 0 versus a total put value of 1,383,162,750,000 Combined total value = 1,383,162,750,000
Strike 105500 has a total call value of 0 versus a total put value of 1,374,044,250,000 Combined total value = 1,374,044,250,000
Strike 105750 has a total call value of 0 versus a total put value of 1,364,925,750,000 Combined total value = 1,364,925,750,000
Strike 106000 has a total call value of 0 versus a total put value of 1,355,807,250,000 Combined total value = 1,355,807,250,000
Strike 106250 has a total call value of 0 versus a total put value of 1,346,688,750,000 Combined total value = 1,346,688,750,000
Strike 106500 has a total call value of 0 versus a total put value of 1,337,570,250,000 Combined total value = 1,337,570,250,000
Strike 106750 has a total call value of 0 versus a total put value of 1,328,451,750,000 Combined total value = 1,328,451,750,000
Strike 107000 has a total call value of 0 versus a total put value of 1,319,333,250,000 Combined total value = 1,319,333,250,000
Strike 107250 has a total call value of 0 versus a total put value of 1,310,215,500,000 Combined total value = 1,310,215,500,000
Strike 107500 has a total call value of 0 versus a total put value of 1,301,097,750,000 Combined total value = 1,301,097,750,000
Strike 107750 has a total call value of 0 versus a total put value of 1,291,980,000,000 Combined total value = 1,291,980,000,000
Strike 108000 has a total call value of 0 versus a total put value of 1,282,862,250,000 Combined total value = 1,282,862,250,000
Strike 108250 has a total call value of 0 versus a total put value of 1,273,744,500,000 Combined total value = 1,273,744,500,000
Strike 108500 has a total call value of 0 versus a total put value of 1,264,626,750,000 Combined total value = 1,264,626,750,000
Strike 108750 has a total call value of 0 versus a total put value of 1,255,509,000,000 Combined total value = 1,255,509,000,000
Strike 109000 has a total call value of 0 versus a total put value of 1,246,391,250,000 Combined total value = 1,246,391,250,000
Strike 109250 has a total call value of 0 versus a total put value of 1,237,273,500,000 Combined total value = 1,237,273,500,000
Strike 109500 has a total call value of 0 versus a total put value of 1,228,155,750,000 Combined total value = 1,228,155,750,000
Strike 109750 has a total call value of 0 versus a total put value of 1,219,038,000,000 Combined total value = 1,219,038,000,000
Strike 110000 has a total call value of 0 versus a total put value of 1,209,920,250,000 Combined total value = 1,209,920,250,000
Strike 110250 has a total call value of 0 versus a total put value of 1,200,804,750,000 Combined total value = 1,200,804,750,000
Strike 110500 has a total call value of 0 versus a total put value of 1,191,689,250,000 Combined total value = 1,191,689,250,000
Strike 110750 has a total call value of 0 versus a total put value of 1,182,573,750,000 Combined total value = 1,182,573,750,000
Strike 111000 has a total call value of 0 versus a total put value of 1,173,458,250,000 Combined total value = 1,173,458,250,000
Strike 111250 has a total call value of 0 versus a total put value of 1,164,342,750,000 Combined total value = 1,164,342,750,000
Strike 111500 has a total call value of 0 versus a total put value of 1,155,227,250,000 Combined total value = 1,155,227,250,000
Strike 111750 has a total call value of 0 versus a total put value of 1,146,111,750,000 Combined total value = 1,146,111,750,000
Strike 112000 has a total call value of 0 versus a total put value of 1,136,996,250,000 Combined total value = 1,136,996,250,000
Strike 112250 has a total call value of 750,000 versus a total put value of 1,127,880,750,000 Combined total value = 1,127,881,500,000
Strike 112500 has a total call value of 1,500,000 versus a total put value of 1,118,765,250,000 Combined total value = 1,118,766,750,000
Strike 112750 has a total call value of 2,250,000 versus a total put value of 1,109,649,750,000 Combined total value = 1,109,652,000,000
Strike 113000 has a total call value of 3,000,000 versus a total put value of 1,100,534,250,000 Combined total value = 1,100,537,250,000
Strike 113250 has a total call value of 3,750,000 versus a total put value of 1,091,418,750,000 Combined total value = 1,091,422,500,000
Strike 113500 has a total call value of 4,500,000 versus a total put value of 1,082,303,250,000 Combined total value = 1,082,307,750,000
Strike 113750 has a total call value of 5,250,000 versus a total put value of 1,073,187,750,000 Combined total value = 1,073,193,000,000
Strike 114000 has a total call value of 6,000,000 versus a total put value of 1,064,072,250,000 Combined total value = 1,064,078,250,000
Strike 114250 has a total call value of 6,750,000 versus a total put value of 1,054,956,750,000 Combined total value = 1,054,963,500,000
Strike 114500 has a total call value of 7,500,000 versus a total put value of 1,045,841,250,000 Combined total value = 1,045,848,750,000
Strike 114750 has a total call value of 8,250,000 versus a total put value of 1,036,725,750,000 Combined total value = 1,036,734,000,000
Strike 115000 has a total call value of 9,000,000 versus a total put value of 1,027,610,250,000 Combined total value = 1,027,619,250,000
Strike 115250 has a total call value of 9,750,000 versus a total put value of 1,018,506,750,000 Combined total value = 1,018,516,500,000
Strike 115500 has a total call value of 10,500,000 versus a total put value of 1,009,403,250,000 Combined total value = 1,009,413,750,000
Strike 115750 has a total call value of 11,250,000 versus a total put value of 1,000,299,750,000 Combined total value = 1,000,311,000,000
Strike 116000 has a total call value of 12,000,000 versus a total put value of 991,196,250,000 Combined total value = 991,208,250,000
Strike 116250 has a total call value of 13,500,000 versus a total put value of 982,093,500,000 Combined total value = 982,107,000,000
Strike 116500 has a total call value of 15,750,000 versus a total put value of 972,990,750,000 Combined total value = 973,006,500,000
Strike 116750 has a total call value of 18,000,000 versus a total put value of 963,888,000,000 Combined total value = 963,906,000,000
Strike 117000 has a total call value of 20,250,000 versus a total put value of 954,785,250,000 Combined total value = 954,805,500,000
Strike 117250 has a total call value of 22,500,000 versus a total put value of 945,682,500,000 Combined total value = 945,705,000,000
Strike 117500 has a total call value of 24,750,000 versus a total put value of 936,579,750,000 Combined total value = 936,604,500,000
Strike 117750 has a total call value of 27,000,000 versus a total put value of 927,477,000,000 Combined total value = 927,504,000,000
Strike 118000 has a total call value of 29,250,000 versus a total put value of 918,374,250,000 Combined total value = 918,403,500,000
Strike 118250 has a total call value of 31,500,000 versus a total put value of 909,271,500,000 Combined total value = 909,303,000,000
Strike 118500 has a total call value of 33,750,000 versus a total put value of 900,168,750,000 Combined total value = 900,202,500,000
Strike 118750 has a total call value of 36,000,000 versus a total put value of 891,066,000,000 Combined total value = 891,102,000,000
Strike 119000 has a total call value of 38,250,000 versus a total put value of 881,963,250,000 Combined total value = 882,001,500,000
Strike 119250 has a total call value of 40,500,000 versus a total put value of 872,862,000,000 Combined total value = 872,902,500,000
Strike 119500 has a total call value of 42,750,000 versus a total put value of 863,760,750,000 Combined total value = 863,803,500,000
Strike 119750 has a total call value of 45,000,000 versus a total put value of 854,659,500,000 Combined total value = 854,704,500,000
Strike 120000 has a total call value of 47,250,000 versus a total put value of 845,558,250,000 Combined total value = 845,605,500,000
Strike 120250 has a total call value of 81,750,000 versus a total put value of 836,815,500,000 Combined total value = 836,897,250,000
Strike 120500 has a total call value of 116,250,000 versus a total put value of 828,072,750,000 Combined total value = 828,189,000,000
Strike 120750 has a total call value of 150,750,000 versus a total put value of 819,330,000,000 Combined total value = 819,480,750,000
Strike 121000 has a total call value of 185,250,000 versus a total put value of 810,587,250,000 Combined total value = 810,772,500,000
Strike 121250 has a total call value of 219,750,000 versus a total put value of 801,849,750,000 Combined total value = 802,069,500,000
Strike 121500 has a total call value of 254,250,000 versus a total put value of 793,112,250,000 Combined total value = 793,366,500,000
Strike 121750 has a total call value of 288,750,000 versus a total put value of 784,374,750,000 Combined total value = 784,663,500,000
Strike 122000 has a total call value of 323,250,000 versus a total put value of 775,637,250,000 Combined total value = 775,960,500,000
Strike 122250 has a total call value of 362,250,000 versus a total put value of 766,903,500,000 Combined total value = 767,265,750,000
Strike 122500 has a total call value of 401,250,000 versus a total put value of 758,169,750,000 Combined total value = 758,571,000,000
Strike 122750 has a total call value of 440,250,000 versus a total put value of 749,436,000,000 Combined total value = 749,876,250,000
Strike 123000 has a total call value of 479,250,000 versus a total put value of 740,702,250,000 Combined total value = 741,181,500,000
Strike 123250 has a total call value of 518,250,000 versus a total put value of 731,970,750,000 Combined total value = 732,489,000,000
Strike 123500 has a total call value of 557,250,000 versus a total put value of 723,239,250,000 Combined total value = 723,796,500,000
Strike 123750 has a total call value of 596,250,000 versus a total put value of 714,507,750,000 Combined total value = 715,104,000,000
Strike 124000 has a total call value of 635,250,000 versus a total put value of 705,776,250,000 Combined total value = 706,411,500,000
Strike 124250 has a total call value of 675,000,000 versus a total put value of 697,047,000,000 Combined total value = 697,722,000,000
Strike 124500 has a total call value of 714,750,000 versus a total put value of 688,317,750,000 Combined total value = 689,032,500,000
Strike 124750 has a total call value of 754,500,000 versus a total put value of 679,588,500,000 Combined total value = 680,343,000,000
Strike 125000 has a total call value of 794,250,000 versus a total put value of 670,859,250,000 Combined total value = 671,653,500,000
Strike 125250 has a total call value of 858,000,000 versus a total put value of 662,562,750,000 Combined total value = 663,420,750,000
Strike 125500 has a total call value of 921,750,000 versus a total put value of 654,266,250,000 Combined total value = 655,188,000,000
Strike 125750 has a total call value of 985,500,000 versus a total put value of 645,969,750,000 Combined total value = 646,955,250,000
Strike 126000 has a total call value of 1,049,250,000 versus a total put value of 637,673,250,000 Combined total value = 638,722,500,000
Strike 126250 has a total call value of 1,121,250,000 versus a total put value of 629,380,500,000 Combined total value = 630,501,750,000
Strike 126500 has a total call value of 1,193,250,000 versus a total put value of 621,087,750,000 Combined total value = 622,281,000,000
Strike 126750 has a total call value of 1,266,000,000 versus a total put value of 612,795,000,000 Combined total value = 614,061,000,000
Strike 127000 has a total call value of 1,338,750,000 versus a total put value of 604,502,250,000 Combined total value = 605,841,000,000
Strike 127250 has a total call value of 1,415,250,000 versus a total put value of 596,219,250,000 Combined total value = 597,634,500,000
Strike 127500 has a total call value of 1,491,750,000 versus a total put value of 587,936,250,000 Combined total value = 589,428,000,000
Strike 127750 has a total call value of 1,568,250,000 versus a total put value of 579,653,250,000 Combined total value = 581,221,500,000
Strike 128000 has a total call value of 1,645,500,000 versus a total put value of 571,370,250,000 Combined total value = 573,015,750,000
Strike 128250 has a total call value of 1,728,000,000 versus a total put value of 563,175,750,000 Combined total value = 564,903,750,000
Strike 128500 has a total call value of 1,810,500,000 versus a total put value of 554,981,250,000 Combined total value = 556,791,750,000
Strike 128750 has a total call value of 1,893,000,000 versus a total put value of 546,786,750,000 Combined total value = 548,679,750,000
Strike 129000 has a total call value of 1,975,500,000 versus a total put value of 538,592,250,000 Combined total value = 540,567,750,000
Strike 129250 has a total call value of 2,062,500,000 versus a total put value of 530,403,000,000 Combined total value = 532,465,500,000
Strike 129500 has a total call value of 2,149,500,000 versus a total put value of 522,213,750,000 Combined total value = 524,363,250,000
Strike 129750 has a total call value of 2,236,500,000 versus a total put value of 514,024,500,000 Combined total value = 516,261,000,000
Strike 130000 has a total call value of 2,323,500,000 versus a total put value of 505,836,000,000 Combined total value = 508,159,500,000
Strike 130250 has a total call value of 2,528,250,000 versus a total put value of 498,853,500,000 Combined total value = 501,381,750,000
Strike 130500 has a total call value of 2,733,000,000 versus a total put value of 491,871,000,000 Combined total value = 494,604,000,000
Strike 130750 has a total call value of 2,937,750,000 versus a total put value of 484,888,500,000 Combined total value = 487,826,250,000
Strike 131000 has a total call value of 3,142,500,000 versus a total put value of 477,906,000,000 Combined total value = 481,048,500,000
Strike 131250 has a total call value of 3,366,750,000 versus a total put value of 471,024,000,000 Combined total value = 474,390,750,000
Strike 131500 has a total call value of 3,591,000,000 versus a total put value of 464,142,000,000 Combined total value = 467,733,000,000
Strike 131750 has a total call value of 3,815,250,000 versus a total put value of 457,260,000,000 Combined total value = 461,075,250,000
Strike 132000 has a total call value of 4,039,500,000 versus a total put value of 450,378,000,000 Combined total value = 454,417,500,000
Strike 132250 has a total call value of 4,292,250,000 versus a total put value of 443,612,250,000 Combined total value = 447,904,500,000
Strike 132500 has a total call value of 4,545,000,000 versus a total put value of 436,846,500,000 Combined total value = 441,391,500,000
Strike 132750 has a total call value of 4,797,750,000 versus a total put value of 430,080,750,000 Combined total value = 434,878,500,000
Strike 133000 has a total call value of 5,050,500,000 versus a total put value of 423,315,000,000 Combined total value = 428,365,500,000
Strike 133250 has a total call value of 5,320,500,000 versus a total put value of 416,640,000,000 Combined total value = 421,960,500,000
Strike 133500 has a total call value of 5,590,500,000 versus a total put value of 409,965,000,000 Combined total value = 415,555,500,000
Strike 133750 has a total call value of 5,860,500,000 versus a total put value of 403,290,000,000 Combined total value = 409,150,500,000
Strike 134000 has a total call value of 6,130,500,000 versus a total put value of 396,615,000,000 Combined total value = 402,745,500,000
Strike 134250 has a total call value of 6,426,750,000 versus a total put value of 390,049,500,000 Combined total value = 396,476,250,000
Strike 134500 has a total call value of 6,723,000,000 versus a total put value of 383,484,000,000 Combined total value = 390,207,000,000
Strike 134750 has a total call value of 7,019,250,000 versus a total put value of 376,918,500,000 Combined total value = 383,937,750,000
Strike 135000 has a total call value of 7,315,500,000 versus a total put value of 370,353,000,000 Combined total value = 377,668,500,000
Strike 135250 has a total call value of 7,716,750,000 versus a total put value of 364,362,750,000 Combined total value = 372,079,500,000
Strike 135500 has a total call value of 8,118,000,000 versus a total put value of 358,372,500,000 Combined total value = 366,490,500,000
Strike 135750 has a total call value of 8,519,250,000 versus a total put value of 352,382,250,000 Combined total value = 360,901,500,000
Strike 136000 has a total call value of 8,920,500,000 versus a total put value of 346,392,000,000 Combined total value = 355,312,500,000
Strike 136250 has a total call value of 9,348,000,000 versus a total put value of 340,465,500,000 Combined total value = 349,813,500,000
Strike 136500 has a total call value of 9,775,500,000 versus a total put value of 334,539,000,000 Combined total value = 344,314,500,000
Strike 136750 has a total call value of 10,203,000,000 versus a total put value of 328,612,500,000 Combined total value = 338,815,500,000
Strike 137000 has a total call value of 10,630,500,000 versus a total put value of 322,686,000,000 Combined total value = 333,316,500,000
Strike 137250 has a total call value of 11,107,500,000 versus a total put value of 316,844,250,000 Combined total value = 327,951,750,000
Strike 137500 has a total call value of 11,584,500,000 versus a total put value of 311,002,500,000 Combined total value = 322,587,000,000
Strike 137750 has a total call value of 12,062,250,000 versus a total put value of 305,160,750,000 Combined total value = 317,223,000,000
Strike 138000 has a total call value of 12,540,000,000 versus a total put value of 299,319,000,000 Combined total value = 311,859,000,000
Strike 138250 has a total call value of 13,053,000,000 versus a total put value of 293,612,250,000 Combined total value = 306,665,250,000
Strike 138500 has a total call value of 13,566,000,000 versus a total put value of 287,905,500,000 Combined total value = 301,471,500,000
Strike 138750 has a total call value of 14,079,000,000 versus a total put value of 282,198,750,000 Combined total value = 296,277,750,000
Strike 139000 has a total call value of 14,592,000,000 versus a total put value of 276,492,000,000 Combined total value = 291,084,000,000
Strike 139250 has a total call value of 15,191,250,000 versus a total put value of 270,834,750,000 Combined total value = 286,026,000,000
Strike 139500 has a total call value of 15,790,500,000 versus a total put value of 265,177,500,000 Combined total value = 280,968,000,000
Strike 139750 has a total call value of 16,389,750,000 versus a total put value of 259,520,250,000 Combined total value = 275,910,000,000
Strike 140000 has a total call value of 16,989,000,000 versus a total put value of 253,863,000,000 Combined total value = 270,852,000,000
Strike 140250 has a total call value of 17,769,000,000 versus a total put value of 248,996,250,000 Combined total value = 266,765,250,000
Strike 140500 has a total call value of 18,549,000,000 versus a total put value of 244,129,500,000 Combined total value = 262,678,500,000
Strike 140750 has a total call value of 19,329,000,000 versus a total put value of 239,262,750,000 Combined total value = 258,591,750,000
Strike 141000 has a total call value of 20,109,000,000 versus a total put value of 234,396,000,000 Combined total value = 254,505,000,000
Strike 141250 has a total call value of 20,912,250,000 versus a total put value of 229,602,750,000 Combined total value = 250,515,000,000
Strike 141500 has a total call value of 21,715,500,000 versus a total put value of 224,810,250,000 Combined total value = 246,525,750,000
Strike 141750 has a total call value of 22,518,750,000 versus a total put value of 220,017,750,000 Combined total value = 242,536,500,000
Strike 142000 has a total call value of 23,322,000,000 versus a total put value of 215,225,250,000 Combined total value = 238,547,250,000
Strike 142250 has a total call value of 24,180,000,000 versus a total put value of 210,524,250,000 Combined total value = 234,704,250,000
Strike 142500 has a total call value of 25,038,000,000 versus a total put value of 205,823,250,000 Combined total value = 230,861,250,000
Strike 142750 has a total call value of 25,897,500,000 versus a total put value of 201,123,750,000 Combined total value = 227,021,250,000
Strike 143000 has a total call value of 26,757,000,000 versus a total put value of 196,424,250,000 Combined total value = 223,181,250,000
Strike 143250 has a total call value of 27,678,750,000 versus a total put value of 191,826,750,000 Combined total value = 219,505,500,000
Strike 143500 has a total call value of 28,600,500,000 versus a total put value of 187,230,000,000 Combined total value = 215,830,500,000
Strike 143750 has a total call value of 29,523,750,000 versus a total put value of 182,633,250,000 Combined total value = 212,157,000,000
Strike 144000 has a total call value of 30,447,000,000 versus a total put value of 178,036,500,000 Combined total value = 208,483,500,000
Strike 144250 has a total call value of 31,413,000,000 versus a total put value of 173,535,000,000 Combined total value = 204,948,000,000
Strike 144500 has a total call value of 32,379,000,000 versus a total put value of 169,033,500,000 Combined total value = 201,412,500,000
Strike 144750 has a total call value of 33,345,000,000 versus a total put value of 164,532,000,000 Combined total value = 197,877,000,000
Strike 145000 has a total call value of 34,311,000,000 versus a total put value of 160,030,500,000 Combined total value = 194,341,500,000
Strike 145250 has a total call value of 35,515,500,000 versus a total put value of 156,269,250,000 Combined total value = 191,784,750,000
Strike 145500 has a total call value of 36,720,000,000 versus a total put value of 152,508,000,000 Combined total value = 189,228,000,000
Strike 145750 has a total call value of 37,925,250,000 versus a total put value of 148,746,750,000 Combined total value = 186,672,000,000
Strike 146000 has a total call value of 39,130,500,000 versus a total put value of 144,985,500,000 Combined total value = 184,116,000,000
Strike 146250 has a total call value of 40,407,750,000 versus a total put value of 141,326,250,000 Combined total value = 181,734,000,000
Strike 146500 has a total call value of 41,685,000,000 versus a total put value of 137,667,000,000 Combined total value = 179,352,000,000
Strike 146750 has a total call value of 42,962,250,000 versus a total put value of 134,007,750,000 Combined total value = 176,970,000,000
Strike 147000 has a total call value of 44,239,500,000 versus a total put value of 130,353,000,000 Combined total value = 174,592,500,000
Strike 147250 has a total call value of 45,588,000,000 versus a total put value of 126,849,750,000 Combined total value = 172,437,750,000
Strike 147500 has a total call value of 46,936,500,000 versus a total put value of 123,346,500,000 Combined total value = 170,283,000,000
Strike 147750 has a total call value of 48,285,750,000 versus a total put value of 119,844,000,000 Combined total value = 168,129,750,000
Strike 148000 has a total call value of 49,635,000,000 versus a total put value of 116,341,500,000 Combined total value = 165,976,500,000
Strike 148250 has a total call value of 51,030,750,000 versus a total put value of 112,994,250,000 Combined total value = 164,025,000,000
Strike 148500 has a total call value of 52,426,500,000 versus a total put value of 109,647,000,000 Combined total value = 162,073,500,000
Strike 148750 has a total call value of 53,822,250,000 versus a total put value of 106,300,500,000 Combined total value = 160,122,750,000
Strike 149000 has a total call value of 55,218,000,000 versus a total put value of 102,954,000,000 Combined total value = 158,172,000,000
Strike 149250 has a total call value of 56,638,500,000 versus a total put value of 99,701,250,000 Combined total value = 156,339,750,000
Strike 149500 has a total call value of 58,059,000,000 versus a total put value of 96,448,500,000 Combined total value = 154,507,500,000
Strike 149750 has a total call value of 59,479,500,000 versus a total put value of 93,195,750,000 Combined total value = 152,675,250,000
Strike 150000 has a total call value of 60,900,000,000 versus a total put value of 89,943,000,000 Combined total value = 150,843,000,000
Strike 150250 has a total call value of 62,556,000,000 versus a total put value of 87,427,500,000 Combined total value = 149,983,500,000
Strike 150500 has a total call value of 64,212,750,000 versus a total put value of 84,912,000,000 Combined total value = 149,124,750,000
Strike 150750 has a total call value of 65,871,000,000 versus a total put value of 82,396,500,000 Combined total value = 148,267,500,000
Strike 151000 has a total call value of 67,529,250,000 versus a total put value of 79,881,000,000 Combined total value = 147,410,250,000
Strike 151250 has a total call value of 69,249,000,000 versus a total put value of 77,527,500,000 Combined total value = 146,776,500,000
Strike 151500 has a total call value of 70,968,750,000 versus a total put value of 75,174,000,000 Combined total value = 146,142,750,000
Strike 151750 has a total call value of 72,688,500,000 versus a total put value of 72,820,500,000 Combined total value = 145,509,000,000
Strike 152000 has a total call value of 74,408,250,000 versus a total put value of 70,467,000,000 Combined total value = 144,875,250,000
Strike 152250 has a total call value of 76,263,000,000 versus a total put value of 68,256,750,000 Combined total value = 144,519,750,000
Strike 152500 has a total call value of 78,117,750,000 versus a total put value of 66,046,500,000 Combined total value = 144,164,250,000
Strike 152750 has a total call value of 79,973,250,000 versus a total put value of 63,836,250,000 Combined total value = 143,809,500,000
Strike 153000 has a total call value of 81,828,750,000 versus a total put value of 61,626,000,000 Combined total value = 143,454,750,000
Strike 153250 has a total call value of 83,799,750,000 versus a total put value of 59,584,500,000 Combined total value = 143,384,250,000
Strike 153500 has a total call value of 85,770,750,000 versus a total put value of 57,543,000,000 Combined total value = 143,313,750,000
Strike 153750 has a total call value of 87,742,500,000 versus a total put value of 55,503,000,000 Combined total value = 143,245,500,000
Strike 154000 has a total call value of 89,714,250,000 versus a total put value of 53,463,000,000 Combined total value = 143,177,250,000
Strike 154250 has a total call value of 91,800,000,000 versus a total put value of 51,597,000,000 Combined total value = 143,397,000,000
Strike 154500 has a total call value of 93,885,750,000 versus a total put value of 49,731,000,000 Combined total value = 143,616,750,000
Strike 154750 has a total call value of 95,973,000,000 versus a total put value of 47,865,000,000 Combined total value = 143,838,000,000
Strike 155000 has a total call value of 98,060,250,000 versus a total put value of 45,999,000,000 Combined total value = 144,059,250,000
Strike 155250 has a total call value of 100,467,000,000 versus a total put value of 44,525,250,000 Combined total value = 144,992,250,000
Strike 155500 has a total call value of 102,873,750,000 versus a total put value of 43,051,500,000 Combined total value = 145,925,250,000
Strike 155750 has a total call value of 105,283,500,000 versus a total put value of 41,577,750,000 Combined total value = 146,861,250,000
Strike 156000 has a total call value of 107,693,250,000 versus a total put value of 40,104,000,000 Combined total value = 147,797,250,000
Strike 156250 has a total call value of 110,156,250,000 versus a total put value of 38,700,000,000 Combined total value = 148,856,250,000
Strike 156500 has a total call value of 112,619,250,000 versus a total put value of 37,296,000,000 Combined total value = 149,915,250,000
Strike 156750 has a total call value of 115,082,250,000 versus a total put value of 35,892,000,000 Combined total value = 150,974,250,000
Strike 157000 has a total call value of 117,545,250,000 versus a total put value of 34,488,000,000 Combined total value = 152,033,250,000
Strike 157250 has a total call value of 120,326,250,000 versus a total put value of 33,140,250,000 Combined total value = 153,466,500,000
Strike 157500 has a total call value of 123,107,250,000 versus a total put value of 31,792,500,000 Combined total value = 154,899,750,000
Strike 157750 has a total call value of 125,888,250,000 versus a total put value of 30,444,750,000 Combined total value = 156,333,000,000
Strike 158000 has a total call value of 128,669,250,000 versus a total put value of 29,097,000,000 Combined total value = 157,766,250,000
Strike 158250 has a total call value of 131,723,250,000 versus a total put value of 27,909,750,000 Combined total value = 159,633,000,000
Strike 158500 has a total call value of 134,777,250,000 versus a total put value of 26,722,500,000 Combined total value = 161,499,750,000
Strike 158750 has a total call value of 137,831,250,000 versus a total put value of 25,535,250,000 Combined total value = 163,366,500,000
Strike 159000 has a total call value of 140,885,250,000 versus a total put value of 24,348,000,000 Combined total value = 165,233,250,000
Strike 159250 has a total call value of 144,250,500,000 versus a total put value of 23,222,250,000 Combined total value = 167,472,750,000
Strike 159500 has a total call value of 147,615,750,000 versus a total put value of 22,096,500,000 Combined total value = 169,712,250,000
Strike 159750 has a total call value of 150,981,750,000 versus a total put value of 20,970,750,000 Combined total value = 171,952,500,000
Strike 160000 has a total call value of 154,357,500,000 versus a total put value of 19,845,000,000 Combined total value = 174,202,500,000
Strike 160250 has a total call value of 158,388,750,000 versus a total put value of 19,061,250,000 Combined total value = 177,450,000,000
Strike 160500 has a total call value of 162,420,000,000 versus a total put value of 18,277,500,000 Combined total value = 180,697,500,000
Strike 160750 has a total call value of 166,451,250,000 versus a total put value of 17,494,500,000 Combined total value = 183,945,750,000
Strike 161000 has a total call value of 170,482,500,000 versus a total put value of 16,711,500,000 Combined total value = 187,194,000,000
Strike 161250 has a total call value of 174,690,750,000 versus a total put value of 15,963,000,000 Combined total value = 190,653,750,000
Strike 161500 has a total call value of 178,899,000,000 versus a total put value of 15,214,500,000 Combined total value = 194,113,500,000
Strike 161750 has a total call value of 183,107,250,000 versus a total put value of 14,466,000,000 Combined total value = 197,573,250,000
Strike 162000 has a total call value of 187,315,500,000 versus a total put value of 13,717,500,000 Combined total value = 201,033,000,000
Strike 162250 has a total call value of 191,694,000,000 versus a total put value of 13,067,250,000 Combined total value = 204,761,250,000
Strike 162500 has a total call value of 196,072,500,000 versus a total put value of 12,417,000,000 Combined total value = 208,489,500,000
Strike 162750 has a total call value of 200,451,000,000 versus a total put value of 11,766,750,000 Combined total value = 212,217,750,000
Strike 163000 has a total call value of 204,829,500,000 versus a total put value of 11,116,500,000 Combined total value = 215,946,000,000
Strike 163250 has a total call value of 209,320,500,000 versus a total put value of 10,552,500,000 Combined total value = 219,873,000,000
Strike 163500 has a total call value of 213,811,500,000 versus a total put value of 9,988,500,000 Combined total value = 223,800,000,000
Strike 163750 has a total call value of 218,302,500,000 versus a total put value of 9,425,250,000 Combined total value = 227,727,750,000
Strike 164000 has a total call value of 222,793,500,000 versus a total put value of 8,862,000,000 Combined total value = 231,655,500,000
Strike 164250 has a total call value of 227,590,500,000 versus a total put value of 8,336,250,000 Combined total value = 235,926,750,000
Strike 164500 has a total call value of 232,387,500,000 versus a total put value of 7,810,500,000 Combined total value = 240,198,000,000
Strike 164750 has a total call value of 237,184,500,000 versus a total put value of 7,284,750,000 Combined total value = 244,469,250,000
Strike 165000 has a total call value of 241,983,000,000 versus a total put value of 6,759,000,000 Combined total value = 248,742,000,000
Strike 165250 has a total call value of 247,042,500,000 versus a total put value of 6,360,750,000 Combined total value = 253,403,250,000
Strike 165500 has a total call value of 252,102,000,000 versus a total put value of 5,962,500,000 Combined total value = 258,064,500,000
Strike 165750 has a total call value of 257,161,500,000 versus a total put value of 5,564,250,000 Combined total value = 262,725,750,000
Strike 166000 has a total call value of 262,221,000,000 versus a total put value of 5,166,000,000 Combined total value = 267,387,000,000
Strike 166250 has a total call value of 267,452,250,000 versus a total put value of 4,797,000,000 Combined total value = 272,249,250,000
Strike 166500 has a total call value of 272,683,500,000 versus a total put value of 4,428,000,000 Combined total value = 277,111,500,000
Strike 166750 has a total call value of 277,914,750,000 versus a total put value of 4,059,000,000 Combined total value = 281,973,750,000
Strike 167000 has a total call value of 283,146,000,000 versus a total put value of 3,690,000,000 Combined total value = 286,836,000,000
Strike 167250 has a total call value of 288,567,750,000 versus a total put value of 3,374,250,000 Combined total value = 291,942,000,000
Strike 167500 has a total call value of 293,989,500,000 versus a total put value of 3,058,500,000 Combined total value = 297,048,000,000
Strike 167750 has a total call value of 299,411,250,000 versus a total put value of 2,742,750,000 Combined total value = 302,154,000,000
Strike 168000 has a total call value of 304,833,000,000 versus a total put value of 2,427,000,000 Combined total value = 307,260,000,000
Strike 168250 has a total call value of 310,651,500,000 versus a total put value of 2,161,500,000 Combined total value = 312,813,000,000
Strike 168500 has a total call value of 316,470,000,000 versus a total put value of 1,896,000,000 Combined total value = 318,366,000,000
Strike 168750 has a total call value of 322,288,500,000 versus a total put value of 1,630,500,000 Combined total value = 323,919,000,000
Strike 169000 has a total call value of 328,107,000,000 versus a total put value of 1,365,000,000 Combined total value = 329,472,000,000
Strike 169250 has a total call value of 334,365,000,000 versus a total put value of 1,131,000,000 Combined total value = 335,496,000,000
Strike 169500 has a total call value of 340,623,750,000 versus a total put value of 897,000,000 Combined total value = 341,520,750,000
Strike 169750 has a total call value of 346,882,500,000 versus a total put value of 663,000,000 Combined total value = 347,545,500,000
Strike 170000 has a total call value of 353,142,000,000 versus a total put value of 429,000,000 Combined total value = 353,571,000,000
Strike 170250 has a total call value of 360,207,750,000 versus a total put value of 369,000,000 Combined total value = 360,576,750,000
Strike 170500 has a total call value of 367,273,500,000 versus a total put value of 309,000,000 Combined total value = 367,582,500,000
Strike 170750 has a total call value of 374,339,250,000 versus a total put value of 249,000,000 Combined total value = 374,588,250,000
Strike 171000 has a total call value of 381,405,000,000 versus a total put value of 189,000,000 Combined total value = 381,594,000,000
Strike 171250 has a total call value of 388,746,750,000 versus a total put value of 141,750,000 Combined total value = 388,888,500,000
Strike 171500 has a total call value of 396,088,500,000 versus a total put value of 94,500,000 Combined total value = 396,183,000,000
Strike 171750 has a total call value of 403,430,250,000 versus a total put value of 47,250,000 Combined total value = 403,477,500,000
Strike 172000 has a total call value of 410,772,000,000 versus a total put value of 0 Combined total value = 410,772,000,000
Strike 172250 has a total call value of 419,040,750,000 versus a total put value of 0 Combined total value = 419,040,750,000
Strike 172500 has a total call value of 427,309,500,000 versus a total put value of 0 Combined total value = 427,309,500,000
Strike 172750 has a total call value of 435,578,250,000 versus a total put value of 0 Combined total value = 435,578,250,000
Strike 173000 has a total call value of 443,847,000,000 versus a total put value of 0 Combined total value = 443,847,000,000
Strike 173250 has a total call value of 452,154,750,000 versus a total put value of 0 Combined total value = 452,154,750,000
Strike 173500 has a total call value of 460,462,500,000 versus a total put value of 0 Combined total value = 460,462,500,000
Strike 173750 has a total call value of 468,770,250,000 versus a total put value of 0 Combined total value = 468,770,250,000
Strike 174000 has a total call value of 477,078,000,000 versus a total put value of 0 Combined total value = 477,078,000,000
Strike 174250 has a total call value of 485,404,500,000 versus a total put value of 0 Combined total value = 485,404,500,000
Strike 174500 has a total call value of 493,731,000,000 versus a total put value of 0 Combined total value = 493,731,000,000
Strike 174750 has a total call value of 502,057,500,000 versus a total put value of 0 Combined total value = 502,057,500,000
Strike 175000 has a total call value of 510,384,000,000 versus a total put value of 0 Combined total value = 510,384,000,000
Strike 175250 has a total call value of 518,940,000,000 versus a total put value of 0 Combined total value = 518,940,000,000
Strike 175500 has a total call value of 527,496,000,000 versus a total put value of 0 Combined total value = 527,496,000,000
Strike 175750 has a total call value of 536,052,000,000 versus a total put value of 0 Combined total value = 536,052,000,000
Strike 176000 has a total call value of 544,608,000,000 versus a total put value of 0 Combined total value = 544,608,000,000
Strike 176250 has a total call value of 553,208,250,000 versus a total put value of 0 Combined total value = 553,208,250,000
Strike 176500 has a total call value of 561,808,500,000 versus a total put value of 0 Combined total value = 561,808,500,000
Strike 176750 has a total call value of 570,408,750,000 versus a total put value of 0 Combined total value = 570,408,750,000
Strike 177000 has a total call value of 579,009,000,000 versus a total put value of 0 Combined total value = 579,009,000,000
Max-Pain Table
| Max Pain Table | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1001.8 | 1140 |
| ABB | 5173.4 | 5200 |
| ABCAPITAL | 278.9 | 295 |
| ADANIENSOL | 879.2 | 930 |
| ADANIENT | 2543.7 | 2550 |
| ADANIGREEN | 1047.4 | 1060 |
| ADANIPORTS | 1392 | 1440 |
| ALKEM | 5433 | 5550 |
| AMBER | 8162.5 | 8200 |
| AMBUJACEM | 565.2 | 570 |
| ANGELONE | 2136.4 | 2400 |
| APLAPOLLO | 1660.1 | 1720 |
| APOLLOHOSP | 7510 | 7800 |
| ASHOKLEY | 141.93 | 137.5 |
| ASIANPAINT | 2342.8 | 2440 |
| ASTRAL | 1373.8 | 1420 |
| AUBANK | 743.2 | 780 |
| AUROPHARMA | 1090 | 1100 |
| AXISBANK | 1154 | 1170 |
| BAJAJ-AUTO | 8702 | 9000 |
| BAJAJFINSV | 2003.2 | 2060 |
| BAJFINANCE | 985.1 | 1040 |
| BANDHANBNK | 155.02 | 165 |
| BANKBARODA | 248.45 | 260 |
| BANKINDIA | 116.33 | 125 |
| BDL | 1497.8 | 1550 |
| BEL | 395.9 | 410 |
| BHARATFORG | 1181.1 | 1220 |
| BHARTIARTL | 1916.6 | 1960 |
| BHEL | 231.01 | 240 |
| BIOCON | 338.9 | 355 |
| BLUESTARCO | 1890.1 | 1940 |
| BOSCHLTD | 38150 | 38500 |
| BPCL | 324.35 | 335 |
| BRITANNIA | 5920.5 | 6000 |
| BSE | 2043.2 | 2400 |
| CAMS | 3800 | 3850 |
| CANBK | 118.08 | 125 |
| CDSL | 1467.7 | 1580 |
| CGPOWER | 739.4 | 750 |
| CHOLAFIN | 1569.9 | 1640 |
| CIPLA | 1499.4 | 1550 |
| COALINDIA | 389.15 | 390 |
| COFORGE | 1538.5 | 1700 |
| COLPAL | 2224.3 | 2260 |
| CONCOR | 524.8 | 540 |
| CROMPTON | 292.6 | 295 |
| CUMMINSIND | 3947.6 | 4000 |
| CYIENT | 1134.1 | 1180 |
| DABUR | 499.75 | 500 |
| DALBHARAT | 2215.4 | 2260 |
| DELHIVERY | 445.7 | 460 |
| DIVISLAB | 5689.5 | 6400 |
| DIXON | 17511 | 17000 |
| DLF | 716.05 | 750 |
| DMART | 4517.8 | 4300 |
| DRREDDY | 1253.1 | 1260 |
| EICHERMOT | 7047 | 7000 |
| ETERNAL | 321 | 340 |
| EXIDEIND | 388.8 | 400 |
| FEDERALBNK | 191.82 | 210 |
| FORTIS | 932.75 | 1060 |
| GAIL | 172.02 | 180 |
| GLENMARK | 1971.7 | 1900 |
| GMRAIRPORT | 87.28 | 90 |
| GODREJCP | 1163.9 | 1140 |
| GODREJPROP | 1957.6 | 2140 |
| GRASIM | 2746.8 | 2800 |
| HAL | 4736.1 | 4850 |
| HAVELLS | 1507.4 | 1500 |
| HCLTECH | 1395.3 | 1480 |
| HDFCAMC | 5621 | 5700 |
| HDFCBANK | 945.05 | 985 |
| HDFCLIFE | 764.4 | 750 |
| HEROMOTOCO | 5328 | 5550 |
| HFCL | 72.1 | 75 |
| HINDALCO | 743.85 | 770 |
| HINDPETRO | 422.25 | 440 |
| HINDUNILVR | 2511.8 | 2540 |
| HINDZINC | 449.1 | 500 |
| HUDCO | 220.05 | 230 |
| ICICIBANK | 1359.6 | 1400 |
| ICICIGI | 1894 | 1980 |
| ICICIPRULI | 585.5 | 600 |
| IDEA | 8.02 | 9 |
| IDFCFIRSTB | 68.59 | 72 |
| IEX | 137.76 | 140 |
| IGL | 202.26 | 215 |
| IIFL | 419.35 | 490 |
| INDHOTEL | 709.8 | 740 |
| INDIANB | 706.35 | 760 |
| INDIGO | 5561 | 5800 |
| INDUSINDBK | 712.75 | 750 |
| INDUSTOWER | 346.3 | 350 |
| INFY | 1448.9 | 1460 |
| INOXWIND | 137.46 | 145 |
| IOC | 145.04 | 152.5 |
| IRCTC | 703.1 | 720 |
| IREDA | 146.28 | 152.5 |
| IRFC | 121.91 | 125 |
| ITC | 405.1 | 410 |
| JINDALSTEL | 1029.5 | 1020 |
| JIOFIN | 295.85 | 310 |
| JSWENERGY | 520.1 | 540 |
| JSWSTEEL | 1130.8 | 1160 |
| JUBLFOOD | 606.9 | 600 |
| KALYANKJIL | 455.8 | 480 |
| KAYNES | 7341 | 7000 |
| KEI | 4049.3 | 4200 |
| KFINTECH | 1070.8 | 1100 |
| KOTAKBANK | 1994.8 | 2120 |
| KPITTECH | 1212.8 | 1160 |
| LAURUSLABS | 832.3 | 880 |
| LICHSGFIN | 564.95 | 580 |
| LICI | 872.45 | 900 |
| LODHA | 1141.1 | 1160 |
| LT | 3729.5 | 3800 |
| LTF | 236.29 | 260 |
| LTIM | 5075 | 5600 |
| LUPIN | 1919.8 | 1960 |
| M&M | 3396.5 | 3550 |
| MANAPPURAM | 276.9 | 285 |
| MANKIND | 2482.9 | 2500 |
| MARICO | 698.35 | 720 |
| MARUTI | 16286 | 16100 |
| MAXHEALTH | 1123.4 | 1160 |
| MAZDOCK | 2827.6 | 2850 |
| MCX | 7920.5 | 9000 |
| MFSL | 1545.6 | 1580 |
| MOTHERSON | 105.66 | 105 |
| MPHASIS | 2642.4 | 2750 |
| MUTHOOTFIN | 3020.3 | 3200 |
| NATIONALUM | 200.58 | 225 |
| NAUKRI | 1316.2 | 1360 |
| NBCC | 105.18 | 111 |
| NCC | 202.51 | 210 |
| NESTLEIND | 1162.6 | 1250 |
| NHPC | 83.64 | 86 |
| NMDC | 74.99 | 76 |
| NTPC | 337.9 | 340 |
| NUVAMA | 6115 | 7000 |
| NYKAA | 230.62 | 255 |
| OBEROIRLTY | 1577.7 | 1680 |
| OFSS | 8515 | 8800 |
| OIL | 410.25 | 420 |
| ONGC | 238.02 | 245 |
| PAGEIND | 41240 | 41000 |
| PATANJALI | 589 | 590 |
| PAYTM | 1125.2 | 1240 |
| PERSISTENT | 4951 | 5600 |
| PETRONET | 266.9 | 285 |
| PFC | 397.3 | 405 |
| PGEL | 514.65 | 570 |
| PHOENIXLTD | 1540.4 | 1660 |
| PIDILITIND | 1474.8 | 1500 |
| PIIND | 3487.6 | 3600 |
| PNB | 107.79 | 115 |
| PNBHOUSING | 864.1 | 860 |
| POLICYBZR | 1677.1 | 1700 |
| POLYCAB | 7322.5 | 7500 |
| POWERGRID | 282.25 | 290 |
| PPLPHARMA | 187.73 | 197.5 |
| PRESTIGE | 1507.4 | 1640 |
| RBLBANK | 272.35 | 285 |
| RECLTD | 367.4 | 380 |
| RELIANCE | 1377.6 | 1400 |
| RVNL | 337.8 | 340 |
| SAIL | 131.02 | 132 |
| SAMMAANCAP | 137.82 | 160 |
| SBICARD | 873.85 | 910 |
| SBILIFE | 1798.8 | 1800 |
| SBIN | 856.95 | 880 |
| SHREECEM | 28910 | 30000 |
| SHRIRAMFIN | 606.05 | 660 |
| SIEMENS | 3096.3 | 3150 |
| SILVER | 0 | 154000 |
| SILVERM | 142014 | 158000 |
| SOLARINDS | 13766 | 14000 |
| SONACOMS | 407.1 | 460 |
| SRF | 2806.9 | 3100 |
| SUNPHARMA | 1586.7 | 1660 |
| SUPREMEIND | 4234.2 | 4250 |
| SUZLON | 55.28 | 55 |
| SYNGENE | 609.45 | 630 |
| TATACONSUM | 1119 | 1140 |
| TATAELXSI | 5303 | 5400 |
| TATAMOTORS | 672.9 | 390 |
| TATAPOWER | 383.8 | 400 |
| TATASTEEL | 167.4 | 172.5 |
| TATATECH | 667.3 | 700 |
| TCS | 2899.1 | 3000 |
| TECHM | 1407.7 | 1440 |
| TIINDIA | 3129.1 | 3150 |
| TITAGARH | 879.25 | 900 |
| TITAN | 3327.3 | 3550 |
| TORNTPHARM | 3561 | 3550 |
| TORNTPOWER | 1233.3 | 1300 |
| TRENT | 4679 | 4800 |
| TVSMOTOR | 3414.4 | 3550 |
| ULTRACEMCO | 12070 | 12300 |
| UNIONBANK | 134.08 | 140 |
| UNITDSPR | 1297.4 | 1350 |
| UNOMINDA | 1268.9 | 1240 |
| UPL | 648 | 680 |
| VBL | 444.75 | 455 |
| VEDL | 447.95 | 475 |
| VOLTAS | 1340.2 | 1400 |
| WIPRO | 235.75 | 242.5 |
| YESBANK | 20.97 | 23 |
| ZYDUSLIFE | 975 | 1000 |
Note:
| Stock LTP > Max Pain | Bearish Trend |
| Stock LTP < Max Pain | Bullish Trend |
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.




























































































































































































































