Max Pain Example

	A	B	C	D	E	F	H	I	J	K	L	M	N	O	P
1	Strike	Put OI	Call OI	Call value	Put value	Total	Asset Price	Strike	Put			Call
2	7900	1110975	322950	0	18382590000	18382590000			Intristic	OI	Cash Value	Intristic	OI	Cash Value
3	8000	3114525	966225	32295000	15005347500	15037642500	7900	7900	0	1110975	0	0	322950	0
4	8100	2259900	570975	161212500	11939557500	12100770000	7900	8000	100	3114525	311452500	0	966225	0
5	8200	3391050	1185225	347227500	9099757500	9446985000	7900	8100	200	2259900	451980000	0	570975	0
6	8300	3573750	1073775	651765000	6599062500	7250827500	7900	8200	300	3391050	1017315000	0	1185225	0
7	8400	4609875	1189875	1063680000	4455742500	5519422500	7900	8300	400	3573750	1429500000	0	1073775	0
8	8500	5305275	1681350	1594582500	2773410000	4367992500	7900	8400	500	4609875	2304937500	0	1189875	0
9	8600	4475475	2206125	2293620000	1621605000	3915225000	7900	8500	600	5305275	3183165000	0	1681350	0
10	8700	3318900	3062475	3213270000	917347500	4130617500	7900	8600	700	4475475	3132832500	0	2206125	0
11	8800	1066575	4498575	4439167500	544980000	4984147500	7900	8700	800	3318900	2655120000	0	3062475	0
12	8900	619650	3831675	6114922500	279270000	6394192500	7900	8800	900	1066575	959917500	0	4498575	0
13	9000	1542525	6186750	8173845000	75525000	8249370000	7900	8900	1000	619650	619650000	0	3831675	0
14	9100	334950	2828025	10851442500	26032500	10877475000	7900	9000	1100	1542525	1696777500	0	6186750	0
15	9200	90750	2133000	13811842500	10035000	13821877500	7900	9100	1200	334950	401940000	0	2828025	0
16	9300	38100	888225	16985542500	3112500	16988655000	7900	9200	1300	90750	117975000	0	2133000	0
17	9400	31125	453300	20248065000	0	20248065000	7900	9300	1400	38100	53340000	0	888225	0
18							7900	9400	1500	31125	46687500	0	453300	0
19											18382590000			0	18382590000
20
21							Asset Price	Strike	Put			Call
22									Intristic	OI	Cash Value	Intristic	OI	Cash Value
23							8000	7900	0	1110975	0	100	322950	32295000
24							8000	8000	0	3114525	0	0	966225	0
25							8000	8100	100	2259900	225990000	0	570975	0
26							8000	8200	200	3391050	678210000	0	1185225	0
27							8000	8300	300	3573750	1072125000	0	1073775	0
28							8000	8400	400	4609875	1843950000	0	1189875	0
29							8000	8500	500	5305275	2652637500	0	1681350	0
30							8000	8600	600	4475475	2685285000	0	2206125	0
31							8000	8700	700	3318900	2323230000	0	3062475	0
32							8000	8800	800	1066575	853260000	0	4498575	0
33							8000	8900	900	619650	557685000	0	3831675	0
34							8000	9000	1000	1542525	1542525000	0	6186750	0
35							8000	9100	1100	334950	368445000	0	2828025	0
36							8000	9200	1200	90750	108900000	0	2133000	0
37							8000	9300	1300	38100	49530000	0	888225	0
38							8000	9400	1400	31125	43575000	0	453300	0
39											15005347500			32295000	15037642500
40
41							Asset Price	Strike	Put			Call
42									Intristic	OI	Cash Value	Intristic	OI	Cash Value
43							8100	7900	0	1110975	0	200	322950	64590000
44							8100	8000	0	3114525	0	100	966225	96622500
45							8100	8100	0	2259900	0	0	570975	0
46							8100	8200	100	3391050	339105000	0	1185225	0
47							8100	8300	200	3573750	714750000	0	1073775	0
48							8100	8400	300	4609875	1382962500	0	1189875	0
49							8100	8500	400	5305275	2122110000	0	1681350	0
50							8100	8600	500	4475475	2237737500	0	2206125	0
51							8100	8700	600	3318900	1991340000	0	3062475	0
52							8100	8800	700	1066575	746602500	0	4498575	0
53							8100	8900	800	619650	495720000	0	3831675	0
54							8100	9000	900	1542525	1388272500	0	6186750	0
55							8100	9100	1000	334950	334950000	0	2828025	0
56							8100	9200	1100	90750	99825000	0	2133000	0
57							8100	9300	1200	38100	45720000	0	888225	0
58							8100	9400	1300	31125	40462500	0	453300	0
59											11939557500			161212500	12100770000
60
61
62							Asset Price	Strike	Put			Call
63									Intristic	OI	Cash Value	Intristic	OI	Cash Value
64							8200	7900	0	1110975	0	300	322950	96885000
65							8200	8000	0	3114525	0	200	966225	193245000
66							8200	8100	0	2259900	0	100	570975	57097500
67							8200	8200	0	3391050	0	0	1185225	0
68							8200	8300	100	3573750	357375000	0	1073775	0
69							8200	8400	200	4609875	921975000	0	1189875	0
70							8200	8500	300	5305275	1591582500	0	1681350	0
71							8200	8600	400	4475475	1790190000	0	2206125	0
72							8200	8700	500	3318900	1659450000	0	3062475	0
73							8200	8800	600	1066575	639945000	0	4498575	0
74							8200	8900	700	619650	433755000	0	3831675	0
75							8200	9000	800	1542525	1234020000	0	6186750	0
76							8200	9100	900	334950	301455000	0	2828025	0
77							8200	9200	1000	90750	90750000	0	2133000	0
78							8200	9300	1100	38100	41910000	0	888225	0
79							8200	9400	1200	31125	37350000	0	453300	0
80											9099757500			347227500	9446985000
81
82
83							Asset Price	Strike	Put			Call
84									Intristic	OI	Cash Value	Intristic	OI	Cash Value
85							8300	7900	0	1110975	0	400	322950	129180000
86							8300	8000	0	3114525	0	300	966225	289867500
87							8300	8100	0	2259900	0	200	570975	114195000
88							8300	8200	0	3391050	0	100	1185225	118522500
89							8300	8300	0	3573750	0	0	1073775	0
90							8300	8400	100	4609875	460987500	0	1189875	0
91							8300	8500	200	5305275	1061055000	0	1681350	0
92							8300	8600	300	4475475	1342642500	0	2206125	0
93							8300	8700	400	3318900	1327560000	0	3062475	0
94							8300	8800	500	1066575	533287500	0	4498575	0
95							8300	8900	600	619650	371790000	0	3831675	0
96							8300	9000	700	1542525	1079767500	0	6186750	0
97							8300	9100	800	334950	267960000	0	2828025	0
98							8300	9200	900	90750	81675000	0	2133000	0
99							8300	9300	1000	38100	38100000	0	888225	0
100							8300	9400	1100	31125	34237500	0	453300	0