ABB
ABB INDIA LIMITED
Max pain for ABB
02 Jul 2024 10:41 AM IST
Max Pain for ABB is 8500
Strike 7500 has a total call value of 0 versus a total put value of 19,405,000,000 Combined total value = 19,405,000,000
Strike 7550 has a total call value of 3,750,000 versus a total put value of 18,146,250,000 Combined total value = 18,150,000,000
Strike 7600 has a total call value of 7,500,000 versus a total put value of 16,887,500,000 Combined total value = 16,895,000,000
Strike 7650 has a total call value of 11,250,000 versus a total put value of 15,628,750,000 Combined total value = 15,640,000,000
Strike 7700 has a total call value of 15,000,000 versus a total put value of 14,370,000,000 Combined total value = 14,385,000,000
Strike 7750 has a total call value of 18,750,000 versus a total put value of 13,111,250,000 Combined total value = 13,130,000,000
Strike 7800 has a total call value of 22,500,000 versus a total put value of 11,852,500,000 Combined total value = 11,875,000,000
Strike 7850 has a total call value of 26,250,000 versus a total put value of 10,666,250,000 Combined total value = 10,692,500,000
Strike 7900 has a total call value of 30,000,000 versus a total put value of 9,480,000,000 Combined total value = 9,510,000,000
Strike 7950 has a total call value of 33,750,000 versus a total put value of 8,341,250,000 Combined total value = 8,375,000,000
Strike 8000 has a total call value of 37,500,000 versus a total put value of 7,202,500,000 Combined total value = 7,240,000,000
Strike 8050 has a total call value of 87,500,000 versus a total put value of 6,441,250,000 Combined total value = 6,528,750,000
Strike 8100 has a total call value of 137,500,000 versus a total put value of 5,680,000,000 Combined total value = 5,817,500,000
Strike 8150 has a total call value of 187,500,000 versus a total put value of 4,955,000,000 Combined total value = 5,142,500,000
Strike 8200 has a total call value of 237,500,000 versus a total put value of 4,230,000,000 Combined total value = 4,467,500,000
Strike 8250 has a total call value of 287,500,000 versus a total put value of 3,571,875,000 Combined total value = 3,859,375,000
Strike 8300 has a total call value of 337,500,000 versus a total put value of 2,913,750,000 Combined total value = 3,251,250,000
Strike 8350 has a total call value of 387,500,000 versus a total put value of 2,326,250,000 Combined total value = 2,713,750,000
Strike 8400 has a total call value of 437,500,000 versus a total put value of 1,738,750,000 Combined total value = 2,176,250,000
Strike 8450 has a total call value of 555,625,000 versus a total put value of 1,258,750,000 Combined total value = 1,814,375,000
Strike 8500 has a total call value of 688,125,000 versus a total put value of 792,500,000 Combined total value = 1,480,625,000
Strike 8550 has a total call value of 1,041,250,000 versus a total put value of 574,375,000 Combined total value = 1,615,625,000
Strike 8600 has a total call value of 1,428,125,000 versus a total put value of 356,250,000 Combined total value = 1,784,375,000
Strike 8650 has a total call value of 2,065,000,000 versus a total put value of 263,750,000 Combined total value = 2,328,750,000
Strike 8700 has a total call value of 2,775,625,000 versus a total put value of 196,250,000 Combined total value = 2,971,875,000
Strike 8750 has a total call value of 3,728,125,000 versus a total put value of 158,125,000 Combined total value = 3,886,250,000
Strike 8800 has a total call value of 4,692,500,000 versus a total put value of 120,000,000 Combined total value = 4,812,500,000
Strike 8850 has a total call value of 5,816,250,000 versus a total put value of 90,625,000 Combined total value = 5,906,875,000
Strike 8900 has a total call value of 6,940,000,000 versus a total put value of 61,250,000 Combined total value = 7,001,250,000
Strike 8950 has a total call value of 8,143,125,000 versus a total put value of 31,875,000 Combined total value = 8,175,000,000
Strike 9000 has a total call value of 9,346,250,000 versus a total put value of 2,500,000 Combined total value = 9,348,750,000
Strike 9050 has a total call value of 11,108,750,000 versus a total put value of 1,875,000 Combined total value = 11,110,625,000
Strike 9100 has a total call value of 12,871,250,000 versus a total put value of 1,250,000 Combined total value = 12,872,500,000
Strike 9150 has a total call value of 14,680,000,000 versus a total put value of 625,000 Combined total value = 14,680,625,000
Strike 9200 has a total call value of 16,488,750,000 versus a total put value of 0 Combined total value = 16,488,750,000
Strike 9250 has a total call value of 18,443,750,000 versus a total put value of 0 Combined total value = 18,443,750,000
Strike 9300 has a total call value of 20,398,750,000 versus a total put value of 0 Combined total value = 20,398,750,000
Strike 9350 has a total call value of 22,389,375,000 versus a total put value of 0 Combined total value = 22,389,375,000
Strike 9400 has a total call value of 24,380,000,000 versus a total put value of 0 Combined total value = 24,380,000,000
Strike 9450 has a total call value of 26,401,875,000 versus a total put value of 0 Combined total value = 26,401,875,000
Strike 9500 has a total call value of 28,423,750,000 versus a total put value of 0 Combined total value = 28,423,750,000
Strike 9550 has a total call value of 30,805,000,000 versus a total put value of 0 Combined total value = 30,805,000,000
Strike 9600 has a total call value of 33,186,250,000 versus a total put value of 0 Combined total value = 33,186,250,000
Strike 9650 has a total call value of 35,581,875,000 versus a total put value of 0 Combined total value = 35,581,875,000
Strike 9700 has a total call value of 37,977,500,000 versus a total put value of 0 Combined total value = 37,977,500,000
Strike 9750 has a total call value of 40,455,000,000 versus a total put value of 0 Combined total value = 40,455,000,000
Strike 9800 has a total call value of 42,933,750,000 versus a total put value of 0 Combined total value = 42,933,750,000
Strike 9850 has a total call value of 45,538,125,000 versus a total put value of 0 Combined total value = 45,538,125,000
Strike 9900 has a total call value of 48,142,500,000 versus a total put value of 0 Combined total value = 48,142,500,000
Strike 10000 has a total call value of 53,351,250,000 versus a total put value of 0 Combined total value = 53,351,250,000
Strike 10050 has a total call value of 56,049,375,000 versus a total put value of 0 Combined total value = 56,049,375,000
Strike 10100 has a total call value of 58,747,500,000 versus a total put value of 0 Combined total value = 58,747,500,000
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.