SIEMENS
SIEMENS LTD
Max pain for SIEMENS
18 May 2024 04:07 PM IST
Max Pain for SIEMENS is 7000
Strike 6000 has a total call value of 0 versus a total put value of 595,500,000 Combined total value = 595,500,000
Strike 6050 has a total call value of 0 versus a total put value of 540,000,000 Combined total value = 540,000,000
Strike 6100 has a total call value of 0 versus a total put value of 484,500,000 Combined total value = 484,500,000
Strike 6150 has a total call value of 0 versus a total put value of 429,000,000 Combined total value = 429,000,000
Strike 6200 has a total call value of 0 versus a total put value of 373,500,000 Combined total value = 373,500,000
Strike 6250 has a total call value of 0 versus a total put value of 319,500,000 Combined total value = 319,500,000
Strike 6300 has a total call value of 0 versus a total put value of 265,500,000 Combined total value = 265,500,000
Strike 6350 has a total call value of 0 versus a total put value of 211,500,000 Combined total value = 211,500,000
Strike 6400 has a total call value of 0 versus a total put value of 159,750,000 Combined total value = 159,750,000
Strike 6450 has a total call value of 0 versus a total put value of 108,000,000 Combined total value = 108,000,000
Strike 6500 has a total call value of 0 versus a total put value of 56,250,000 Combined total value = 56,250,000
Strike 6550 has a total call value of 0 versus a total put value of 48,750,000 Combined total value = 48,750,000
Strike 6600 has a total call value of 0 versus a total put value of 45,000,000 Combined total value = 45,000,000
Strike 6650 has a total call value of 0 versus a total put value of 41,250,000 Combined total value = 41,250,000
Strike 6700 has a total call value of 0 versus a total put value of 37,500,000 Combined total value = 37,500,000
Strike 6750 has a total call value of 0 versus a total put value of 33,750,000 Combined total value = 33,750,000
Strike 6800 has a total call value of 0 versus a total put value of 30,000,000 Combined total value = 30,000,000
Strike 6850 has a total call value of 0 versus a total put value of 26,250,000 Combined total value = 26,250,000
Strike 6900 has a total call value of 0 versus a total put value of 22,500,000 Combined total value = 22,500,000
Strike 6950 has a total call value of 0 versus a total put value of 18,750,000 Combined total value = 18,750,000
Strike 7000 has a total call value of 0 versus a total put value of 15,000,000 Combined total value = 15,000,000
Strike 7050 has a total call value of 54,000,000 versus a total put value of 11,250,000 Combined total value = 65,250,000
Strike 7100 has a total call value of 108,000,000 versus a total put value of 7,500,000 Combined total value = 115,500,000
Strike 7150 has a total call value of 162,000,000 versus a total put value of 3,750,000 Combined total value = 165,750,000
Strike 7200 has a total call value of 216,000,000 versus a total put value of 0 Combined total value = 216,000,000
Strike 7250 has a total call value of 297,000,000 versus a total put value of 0 Combined total value = 297,000,000
Strike 7300 has a total call value of 378,000,000 versus a total put value of 0 Combined total value = 378,000,000
Strike 7350 has a total call value of 459,000,000 versus a total put value of 0 Combined total value = 459,000,000
Strike 7400 has a total call value of 540,000,000 versus a total put value of 0 Combined total value = 540,000,000
Strike 7450 has a total call value of 621,000,000 versus a total put value of 0 Combined total value = 621,000,000
Strike 7500 has a total call value of 702,000,000 versus a total put value of 0 Combined total value = 702,000,000
Strike 7550 has a total call value of 783,000,000 versus a total put value of 0 Combined total value = 783,000,000
Strike 7600 has a total call value of 864,000,000 versus a total put value of 0 Combined total value = 864,000,000
Strike 7650 has a total call value of 945,000,000 versus a total put value of 0 Combined total value = 945,000,000
Strike 7700 has a total call value of 1,026,000,000 versus a total put value of 0 Combined total value = 1,026,000,000
Strike 7750 has a total call value of 1,107,000,000 versus a total put value of 0 Combined total value = 1,107,000,000
Strike 7800 has a total call value of 1,188,000,000 versus a total put value of 0 Combined total value = 1,188,000,000
Strike 7850 has a total call value of 1,269,000,000 versus a total put value of 0 Combined total value = 1,269,000,000
Strike 7900 has a total call value of 1,350,000,000 versus a total put value of 0 Combined total value = 1,350,000,000
Strike 7950 has a total call value of 1,431,000,000 versus a total put value of 0 Combined total value = 1,431,000,000
Strike 8000 has a total call value of 1,512,000,000 versus a total put value of 0 Combined total value = 1,512,000,000
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.