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ABFRL
ADITYA BIRLA FASHION & RT

280.15 -2.35 (-0.83%)

Max pain for ABFRL

23 May 2024 04:05 PM IST

Max Pain for ABFRL is 270  



Strike  210  has a total call value of 0  versus a total put value of  46,623,200,000 Combined total value = 46,623,200,000

Strike  212.5  has a total call value of 0  versus a total put value of  44,116,150,000 Combined total value = 44,116,150,000

Strike  215  has a total call value of 0  versus a total put value of  41,609,100,000 Combined total value = 41,609,100,000

Strike  217.5  has a total call value of 0  versus a total put value of  39,102,050,000 Combined total value = 39,102,050,000

Strike  220  has a total call value of 0  versus a total put value of  36,595,000,000 Combined total value = 36,595,000,000

Strike  222.5  has a total call value of 0  versus a total put value of  34,332,350,000 Combined total value = 34,332,350,000

Strike  225  has a total call value of 0  versus a total put value of  32,069,700,000 Combined total value = 32,069,700,000

Strike  227.5  has a total call value of 0  versus a total put value of  29,825,900,000 Combined total value = 29,825,900,000

Strike  230  has a total call value of 0  versus a total put value of  27,582,100,000 Combined total value = 27,582,100,000

Strike  232.5  has a total call value of 0  versus a total put value of  25,418,900,000 Combined total value = 25,418,900,000

Strike  235  has a total call value of 0  versus a total put value of  23,255,700,000 Combined total value = 23,255,700,000

Strike  237.5  has a total call value of 0  versus a total put value of  21,169,850,000 Combined total value = 21,169,850,000

Strike  240  has a total call value of 0  versus a total put value of  19,085,950,000 Combined total value = 19,085,950,000

Strike  242.5  has a total call value of 60,450,000  versus a total put value of  17,160,650,000 Combined total value = 17,221,100,000

Strike  245  has a total call value of 120,900,000  versus a total put value of  15,251,600,000 Combined total value = 15,372,500,000

Strike  247.5  has a total call value of 181,350,000  versus a total put value of  13,406,250,000 Combined total value = 13,587,600,000

Strike  250  has a total call value of 241,800,000  versus a total put value of  11,560,900,000 Combined total value = 11,802,700,000

Strike  252.5  has a total call value of 403,000,000  versus a total put value of  9,932,650,000 Combined total value = 10,335,650,000

Strike  255  has a total call value of 588,250,000  versus a total put value of  8,343,400,000 Combined total value = 8,931,650,000

Strike  257.5  has a total call value of 797,550,000  versus a total put value of  6,820,450,000 Combined total value = 7,618,000,000

Strike  260  has a total call value of 1,023,100,000  versus a total put value of  5,297,500,000 Combined total value = 6,320,600,000

Strike  262.5  has a total call value of 1,472,900,000  versus a total put value of  4,501,900,000 Combined total value = 5,974,800,000

Strike  265  has a total call value of 1,955,850,000  versus a total put value of  3,706,300,000 Combined total value = 5,662,150,000

Strike  267.5  has a total call value of 2,520,700,000  versus a total put value of  3,014,050,000 Combined total value = 5,534,750,000

Strike  270  has a total call value of 3,128,450,000  versus a total put value of  2,359,500,000 Combined total value = 5,487,950,000

Strike  272.5  has a total call value of 3,989,700,000  versus a total put value of  1,857,050,000 Combined total value = 5,846,750,000

Strike  275  has a total call value of 4,893,850,000  versus a total put value of  1,372,150,000 Combined total value = 6,266,000,000

Strike  277.5  has a total call value of 5,932,550,000  versus a total put value of  983,450,000 Combined total value = 6,916,000,000

Strike  280  has a total call value of 6,995,300,000  versus a total put value of  652,600,000 Combined total value = 7,647,900,000

Strike  282.5  has a total call value of 8,495,500,000  versus a total put value of  471,900,000 Combined total value = 8,967,400,000

Strike  285  has a total call value of 10,065,900,000  versus a total put value of  315,250,000 Combined total value = 10,381,150,000

Strike  287.5  has a total call value of 11,800,100,000  versus a total put value of  226,850,000 Combined total value = 12,026,950,000

Strike  290  has a total call value of 13,570,700,000  versus a total put value of  148,850,000 Combined total value = 13,719,550,000

Strike  292.5  has a total call value of 15,843,750,000  versus a total put value of  108,550,000 Combined total value = 15,952,300,000

Strike  295  has a total call value of 18,116,800,000  versus a total put value of  68,250,000 Combined total value = 18,185,050,000

Strike  297.5  has a total call value of 20,441,850,000  versus a total put value of  30,550,000 Combined total value = 20,472,400,000

Strike  300  has a total call value of 22,839,050,000  versus a total put value of  7,800,000 Combined total value = 22,846,850,000

Strike  302.5  has a total call value of 26,042,250,000  versus a total put value of  6,500,000 Combined total value = 26,048,750,000

Strike  305  has a total call value of 29,266,250,000  versus a total put value of  5,200,000 Combined total value = 29,271,450,000

Strike  307.5  has a total call value of 32,553,300,000  versus a total put value of  3,900,000 Combined total value = 32,557,200,000

Strike  310  has a total call value of 35,840,350,000  versus a total put value of  2,600,000 Combined total value = 35,842,950,000

Strike  312.5  has a total call value of 39,198,250,000  versus a total put value of  1,300,000 Combined total value = 39,199,550,000

Strike  315  has a total call value of 42,560,050,000  versus a total put value of  0 Combined total value = 42,560,050,000

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.