ADANIENT
ADANI ENTERPRISES LIMITED
Max pain for ADANIENT
19 Apr 2024 04:15 PM IST
Max Pain for ADANIENT is 3100
Strike 2400 has a total call value of 0 versus a total put value of 217,105,500,000 Combined total value = 217,105,500,000
Strike 2450 has a total call value of 3,000,000 versus a total put value of 198,187,500,000 Combined total value = 198,190,500,000
Strike 2500 has a total call value of 6,000,000 versus a total put value of 179,269,500,000 Combined total value = 179,275,500,000
Strike 2550 has a total call value of 63,000,000 versus a total put value of 161,409,000,000 Combined total value = 161,472,000,000
Strike 2600 has a total call value of 120,000,000 versus a total put value of 143,575,500,000 Combined total value = 143,695,500,000
Strike 2650 has a total call value of 177,000,000 versus a total put value of 126,916,500,000 Combined total value = 127,093,500,000
Strike 2700 has a total call value of 234,000,000 versus a total put value of 110,257,500,000 Combined total value = 110,491,500,000
Strike 2750 has a total call value of 457,500,000 versus a total put value of 94,942,500,000 Combined total value = 95,400,000,000
Strike 2800 has a total call value of 682,500,000 versus a total put value of 79,758,000,000 Combined total value = 80,440,500,000
Strike 2850 has a total call value of 1,150,500,000 versus a total put value of 66,699,000,000 Combined total value = 67,849,500,000
Strike 2900 has a total call value of 1,618,500,000 versus a total put value of 53,818,500,000 Combined total value = 55,437,000,000
Strike 2950 has a total call value of 2,419,500,000 versus a total put value of 42,877,500,000 Combined total value = 45,297,000,000
Strike 3000 has a total call value of 3,361,500,000 versus a total put value of 32,473,500,000 Combined total value = 35,835,000,000
Strike 3050 has a total call value of 5,173,500,000 versus a total put value of 24,723,000,000 Combined total value = 29,896,500,000
Strike 3100 has a total call value of 7,854,000,000 versus a total put value of 17,500,500,000 Combined total value = 25,354,500,000
Strike 3150 has a total call value of 13,203,000,000 versus a total put value of 12,552,000,000 Combined total value = 25,755,000,000
Strike 3200 has a total call value of 20,008,500,000 versus a total put value of 8,197,500,000 Combined total value = 28,206,000,000
Strike 3250 has a total call value of 31,209,000,000 versus a total put value of 5,839,500,000 Combined total value = 37,048,500,000
Strike 3300 has a total call value of 44,922,000,000 versus a total put value of 4,017,000,000 Combined total value = 48,939,000,000
Strike 3350 has a total call value of 63,036,000,000 versus a total put value of 2,844,000,000 Combined total value = 65,880,000,000
Strike 3400 has a total call value of 82,101,000,000 versus a total put value of 1,803,000,000 Combined total value = 83,904,000,000
Strike 3450 has a total call value of 106,344,000,000 versus a total put value of 1,321,500,000 Combined total value = 107,665,500,000
Strike 3500 has a total call value of 131,071,500,000 versus a total put value of 840,000,000 Combined total value = 131,911,500,000
Strike 3550 has a total call value of 158,121,000,000 versus a total put value of 579,000,000 Combined total value = 158,700,000,000
Strike 3600 has a total call value of 185,367,000,000 versus a total put value of 318,000,000 Combined total value = 185,685,000,000
Strike 3650 has a total call value of 213,462,000,000 versus a total put value of 159,000,000 Combined total value = 213,621,000,000
Strike 3700 has a total call value of 241,773,000,000 versus a total put value of 0 Combined total value = 241,773,000,000
Strike 3750 has a total call value of 271,027,500,000 versus a total put value of 0 Combined total value = 271,027,500,000
Strike 3800 has a total call value of 300,282,000,000 versus a total put value of 0 Combined total value = 300,282,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.