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MARUTI
MARUTI SUZUKI INDIA LTD.

12817.5 127.65 (1.01%)

Max pain for MARUTI

30 Apr 2024 04:17 PM IST
Max Pain for MARUTI is 12800  



Strike  10800  has a total call value of 0  versus a total put value of  146,929,500,000 Combined total value = 146,929,500,000

Strike  10900  has a total call value of 0  versus a total put value of  137,191,500,000 Combined total value = 137,191,500,000

Strike  11000  has a total call value of 0  versus a total put value of  127,453,500,000 Combined total value = 127,453,500,000

Strike  11100  has a total call value of 32,000,000  versus a total put value of  118,179,500,000 Combined total value = 118,211,500,000

Strike  11200  has a total call value of 64,000,000  versus a total put value of  108,905,500,000 Combined total value = 108,969,500,000

Strike  11300  has a total call value of 96,000,000  versus a total put value of  99,631,500,000 Combined total value = 99,727,500,000

Strike  11400  has a total call value of 128,000,000  versus a total put value of  90,589,000,000 Combined total value = 90,717,000,000

Strike  11500  has a total call value of 160,000,000  versus a total put value of  81,641,500,000 Combined total value = 81,801,500,000

Strike  11600  has a total call value of 192,000,000  versus a total put value of  73,216,500,000 Combined total value = 73,408,500,000

Strike  11700  has a total call value of 224,000,000  versus a total put value of  64,979,500,000 Combined total value = 65,203,500,000

Strike  11800  has a total call value of 256,000,000  versus a total put value of  57,034,000,000 Combined total value = 57,290,000,000

Strike  11900  has a total call value of 288,000,000  versus a total put value of  49,439,000,000 Combined total value = 49,727,000,000

Strike  12000  has a total call value of 320,000,000  versus a total put value of  42,003,000,000 Combined total value = 42,323,000,000

Strike  12100  has a total call value of 586,500,000  versus a total put value of  36,037,000,000 Combined total value = 36,623,500,000

Strike  12200  has a total call value of 853,000,000  versus a total put value of  30,245,500,000 Combined total value = 31,098,500,000

Strike  12300  has a total call value of 1,148,000,000  versus a total put value of  24,871,000,000 Combined total value = 26,019,000,000

Strike  12400  has a total call value of 1,493,000,000  versus a total put value of  19,881,500,000 Combined total value = 21,374,500,000

Strike  12500  has a total call value of 1,903,000,000  versus a total put value of  15,232,500,000 Combined total value = 17,135,500,000

Strike  12600  has a total call value of 2,594,000,000  versus a total put value of  11,818,000,000 Combined total value = 14,412,000,000

Strike  12700  has a total call value of 3,420,500,000  versus a total put value of  8,779,000,000 Combined total value = 12,199,500,000

Strike  12800  has a total call value of 4,657,500,000  versus a total put value of  6,241,000,000 Combined total value = 10,898,500,000

Strike  12900  has a total call value of 6,641,500,000  versus a total put value of  4,402,500,000 Combined total value = 11,044,000,000

Strike  13000  has a total call value of 9,389,500,000  versus a total put value of  2,939,500,000 Combined total value = 12,329,000,000

Strike  13100  has a total call value of 15,946,000,000  versus a total put value of  2,254,000,000 Combined total value = 18,200,000,000

Strike  13200  has a total call value of 23,477,000,000  versus a total put value of  1,725,500,000 Combined total value = 25,202,500,000

Strike  13300  has a total call value of 32,458,000,000  versus a total put value of  1,278,000,000 Combined total value = 33,736,000,000

Strike  13400  has a total call value of 42,023,000,000  versus a total put value of  902,500,000 Combined total value = 42,925,500,000

Strike  13500  has a total call value of 52,885,000,000  versus a total put value of  596,500,000 Combined total value = 53,481,500,000

Strike  13600  has a total call value of 66,066,500,000  versus a total put value of  415,500,000 Combined total value = 66,482,000,000

Strike  13700  has a total call value of 79,525,500,000  versus a total put value of  276,500,000 Combined total value = 79,802,000,000

Strike  13800  has a total call value of 93,500,500,000  versus a total put value of  164,500,000 Combined total value = 93,665,000,000

Strike  13900  has a total call value of 108,061,500,000  versus a total put value of  74,500,000 Combined total value = 108,136,000,000

Strike  14000  has a total call value of 123,093,000,000  versus a total put value of  7,000,000 Combined total value = 123,100,000,000

Strike  14100  has a total call value of 140,261,000,000  versus a total put value of  0 Combined total value = 140,261,000,000

Strike  14200  has a total call value of 157,633,500,000  versus a total put value of  0 Combined total value = 157,633,500,000

Strike  14300  has a total call value of 175,373,500,000  versus a total put value of  0 Combined total value = 175,373,500,000

Strike  14400  has a total call value of 193,113,500,000  versus a total put value of  0 Combined total value = 193,113,500,000

Strike  14500  has a total call value of 211,580,000,000  versus a total put value of  0 Combined total value = 211,580,000,000

Strike  14600  has a total call value of 230,046,500,000  versus a total put value of  0 Combined total value = 230,046,500,000

Strike  14700  has a total call value of 249,017,000,000  versus a total put value of  0 Combined total value = 249,017,000,000

Strike  14800  has a total call value of 267,987,500,000  versus a total put value of  0 Combined total value = 267,987,500,000

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.