ADANIENT
ADANI ENTERPRISES LIMITED
Max pain for ADANIENT
29 Nov 2023 04:15 PM IST
Max Pain for ADANIENT is 2350
Strike 1750 has a total call value of 0 versus a total put value of 271,914,000,000 Combined total value = 271,914,000,000
Strike 1800 has a total call value of 0 versus a total put value of 242,356,500,000 Combined total value = 242,356,500,000
Strike 1850 has a total call value of 0 versus a total put value of 213,750,000,000 Combined total value = 213,750,000,000
Strike 1900 has a total call value of 0 versus a total put value of 185,529,000,000 Combined total value = 185,529,000,000
Strike 1950 has a total call value of 0 versus a total put value of 159,796,500,000 Combined total value = 159,796,500,000
Strike 2000 has a total call value of 0 versus a total put value of 134,352,000,000 Combined total value = 134,352,000,000
Strike 2050 has a total call value of 127,500,000 versus a total put value of 110,907,000,000 Combined total value = 111,034,500,000
Strike 2100 has a total call value of 289,500,000 versus a total put value of 87,853,500,000 Combined total value = 88,143,000,000
Strike 2150 has a total call value of 613,500,000 versus a total put value of 66,978,000,000 Combined total value = 67,591,500,000
Strike 2200 has a total call value of 1,374,000,000 versus a total put value of 48,439,500,000 Combined total value = 49,813,500,000
Strike 2250 has a total call value of 3,148,500,000 versus a total put value of 33,937,500,000 Combined total value = 37,086,000,000
Strike 2300 has a total call value of 5,647,500,000 versus a total put value of 21,345,000,000 Combined total value = 26,992,500,000
Strike 2350 has a total call value of 12,873,000,000 versus a total put value of 13,165,500,000 Combined total value = 26,038,500,000
Strike 2400 has a total call value of 21,952,500,000 versus a total put value of 7,173,000,000 Combined total value = 29,125,500,000
Strike 2450 has a total call value of 35,214,000,000 versus a total put value of 3,622,500,000 Combined total value = 38,836,500,000
Strike 2500 has a total call value of 52,084,500,000 versus a total put value of 1,881,000,000 Combined total value = 53,965,500,000
Strike 2550 has a total call value of 77,488,500,000 versus a total put value of 1,254,000,000 Combined total value = 78,742,500,000
Strike 2600 has a total call value of 107,611,500,000 versus a total put value of 757,500,000 Combined total value = 108,369,000,000
Strike 2650 has a total call value of 141,297,000,000 versus a total put value of 537,000,000 Combined total value = 141,834,000,000
Strike 2700 has a total call value of 176,151,000,000 versus a total put value of 330,000,000 Combined total value = 176,481,000,000
Strike 2750 has a total call value of 215,509,500,000 versus a total put value of 171,000,000 Combined total value = 215,680,500,000
Strike 2800 has a total call value of 255,600,000,000 versus a total put value of 12,000,000 Combined total value = 255,612,000,000
Strike 2850 has a total call value of 298,048,500,000 versus a total put value of 9,000,000 Combined total value = 298,057,500,000
Strike 2900 has a total call value of 341,161,500,000 versus a total put value of 6,000,000 Combined total value = 341,167,500,000
Strike 2950 has a total call value of 385,644,000,000 versus a total put value of 3,000,000 Combined total value = 385,647,000,000
Strike 3000 has a total call value of 430,347,000,000 versus a total put value of 0 Combined total value = 430,347,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.