ADANIENT
Adani Enterprises Limited
Max pain for ADANIENT
17 Oct 2024 04:11 PM IST
Max Pain for ADANIENT is 3000
Strike 2400 has a total call value of 0 versus a total put value of 524,276,400,000 Combined total value = 524,276,400,000
Strike 2420 has a total call value of 0 versus a total put value of 507,013,200,000 Combined total value = 507,013,200,000
Strike 2440 has a total call value of 0 versus a total put value of 489,750,000,000 Combined total value = 489,750,000,000
Strike 2450 has a total call value of 0 versus a total put value of 481,118,400,000 Combined total value = 481,118,400,000
Strike 2460 has a total call value of 0 versus a total put value of 472,486,800,000 Combined total value = 472,486,800,000
Strike 2480 has a total call value of 0 versus a total put value of 455,223,600,000 Combined total value = 455,223,600,000
Strike 2500 has a total call value of 0 versus a total put value of 437,960,400,000 Combined total value = 437,960,400,000
Strike 2520 has a total call value of 18,600,000 versus a total put value of 421,219,200,000 Combined total value = 421,237,800,000
Strike 2540 has a total call value of 37,200,000 versus a total put value of 404,478,000,000 Combined total value = 404,515,200,000
Strike 2550 has a total call value of 46,500,000 versus a total put value of 396,107,400,000 Combined total value = 396,153,900,000
Strike 2560 has a total call value of 55,800,000 versus a total put value of 387,736,800,000 Combined total value = 387,792,600,000
Strike 2580 has a total call value of 74,400,000 versus a total put value of 370,995,600,000 Combined total value = 371,070,000,000
Strike 2600 has a total call value of 93,000,000 versus a total put value of 354,254,400,000 Combined total value = 354,347,400,000
Strike 2620 has a total call value of 2,112,600,000 versus a total put value of 338,109,000,000 Combined total value = 340,221,600,000
Strike 2640 has a total call value of 4,132,200,000 versus a total put value of 321,963,600,000 Combined total value = 326,095,800,000
Strike 2650 has a total call value of 5,142,000,000 versus a total put value of 313,919,100,000 Combined total value = 319,061,100,000
Strike 2660 has a total call value of 6,151,800,000 versus a total put value of 305,874,600,000 Combined total value = 312,026,400,000
Strike 2680 has a total call value of 8,171,400,000 versus a total put value of 289,785,600,000 Combined total value = 297,957,000,000
Strike 2700 has a total call value of 10,191,000,000 versus a total put value of 273,801,600,000 Combined total value = 283,992,600,000
Strike 2720 has a total call value of 14,215,800,000 versus a total put value of 258,738,000,000 Combined total value = 272,953,800,000
Strike 2740 has a total call value of 18,240,600,000 versus a total put value of 243,783,000,000 Combined total value = 262,023,600,000
Strike 2750 has a total call value of 20,253,000,000 versus a total put value of 236,305,500,000 Combined total value = 256,558,500,000
Strike 2760 has a total call value of 22,266,600,000 versus a total put value of 228,828,000,000 Combined total value = 251,094,600,000
Strike 2780 has a total call value of 26,293,800,000 versus a total put value of 213,961,800,000 Combined total value = 240,255,600,000
Strike 2800 has a total call value of 30,321,000,000 versus a total put value of 199,162,800,000 Combined total value = 229,483,800,000
Strike 2820 has a total call value of 36,205,800,000 versus a total put value of 185,639,400,000 Combined total value = 221,845,200,000
Strike 2840 has a total call value of 42,117,600,000 versus a total put value of 172,194,600,000 Combined total value = 214,312,200,000
Strike 2850 has a total call value of 45,073,500,000 versus a total put value of 165,530,400,000 Combined total value = 210,603,900,000
Strike 2860 has a total call value of 48,037,500,000 versus a total put value of 158,866,200,000 Combined total value = 206,903,700,000
Strike 2880 has a total call value of 53,987,700,000 versus a total put value of 145,677,000,000 Combined total value = 199,664,700,000
Strike 2900 has a total call value of 59,951,100,000 versus a total put value of 132,576,600,000 Combined total value = 192,527,700,000
Strike 2920 has a total call value of 67,805,700,000 versus a total put value of 120,727,200,000 Combined total value = 188,532,900,000
Strike 2940 has a total call value of 75,666,900,000 versus a total put value of 108,956,400,000 Combined total value = 184,623,300,000
Strike 2950 has a total call value of 79,610,100,000 versus a total put value of 103,109,700,000 Combined total value = 182,719,800,000
Strike 2960 has a total call value of 83,599,200,000 versus a total put value of 97,413,000,000 Combined total value = 181,012,200,000
Strike 2980 has a total call value of 91,618,800,000 versus a total put value of 86,145,000,000 Combined total value = 177,763,800,000
Strike 3000 has a total call value of 99,686,400,000 versus a total put value of 74,976,600,000 Combined total value = 174,663,000,000
Strike 3020 has a total call value of 109,968,600,000 versus a total put value of 65,735,400,000 Combined total value = 175,704,000,000
Strike 3040 has a total call value of 120,381,600,000 versus a total put value of 56,642,400,000 Combined total value = 177,024,000,000
Strike 3050 has a total call value of 125,651,100,000 versus a total put value of 52,175,100,000 Combined total value = 177,826,200,000
Strike 3060 has a total call value of 131,113,200,000 versus a total put value of 47,859,300,000 Combined total value = 178,972,500,000
Strike 3080 has a total call value of 142,192,800,000 versus a total put value of 39,434,100,000 Combined total value = 181,626,900,000
Strike 3100 has a total call value of 153,441,600,000 versus a total put value of 31,143,300,000 Combined total value = 184,584,900,000
Strike 3120 has a total call value of 168,084,600,000 versus a total put value of 25,092,900,000 Combined total value = 193,177,500,000
Strike 3140 has a total call value of 183,289,800,000 versus a total put value of 19,325,700,000 Combined total value = 202,615,500,000
Strike 3150 has a total call value of 191,042,400,000 versus a total put value of 16,507,800,000 Combined total value = 207,550,200,000
Strike 3160 has a total call value of 199,477,500,000 versus a total put value of 14,491,800,000 Combined total value = 213,969,300,000
Strike 3180 has a total call value of 216,724,500,000 versus a total put value of 10,671,600,000 Combined total value = 227,396,100,000
Strike 3200 has a total call value of 234,302,700,000 versus a total put value of 7,066,800,000 Combined total value = 241,369,500,000
Strike 3220 has a total call value of 255,644,100,000 versus a total put value of 5,444,400,000 Combined total value = 261,088,500,000
Strike 3240 has a total call value of 277,170,900,000 versus a total put value of 3,926,400,000 Combined total value = 281,097,300,000
Strike 3250 has a total call value of 288,022,800,000 versus a total put value of 3,167,400,000 Combined total value = 291,190,200,000
Strike 3260 has a total call value of 299,242,500,000 versus a total put value of 2,806,500,000 Combined total value = 302,049,000,000
Strike 3280 has a total call value of 322,215,900,000 versus a total put value of 2,084,700,000 Combined total value = 324,300,600,000
Strike 3300 has a total call value of 345,687,300,000 versus a total put value of 1,411,500,000 Combined total value = 347,098,800,000
Strike 3320 has a total call value of 371,598,900,000 versus a total put value of 1,222,500,000 Combined total value = 372,821,400,000
Strike 3340 has a total call value of 397,895,100,000 versus a total put value of 1,033,500,000 Combined total value = 398,928,600,000
Strike 3350 has a total call value of 411,043,200,000 versus a total put value of 939,000,000 Combined total value = 411,982,200,000
Strike 3360 has a total call value of 424,191,300,000 versus a total put value of 844,800,000 Combined total value = 425,036,100,000
Strike 3380 has a total call value of 450,535,500,000 versus a total put value of 656,400,000 Combined total value = 451,191,900,000
Strike 3400 has a total call value of 476,945,100,000 versus a total put value of 468,000,000 Combined total value = 477,413,100,000
Strike 3420 has a total call value of 504,492,900,000 versus a total put value of 374,400,000 Combined total value = 504,867,300,000
Strike 3440 has a total call value of 532,101,300,000 versus a total put value of 280,800,000 Combined total value = 532,382,100,000
Strike 3450 has a total call value of 545,913,000,000 versus a total put value of 234,000,000 Combined total value = 546,147,000,000
Strike 3460 has a total call value of 559,724,700,000 versus a total put value of 187,200,000 Combined total value = 559,911,900,000
Strike 3480 has a total call value of 587,372,700,000 versus a total put value of 93,600,000 Combined total value = 587,466,300,000
Strike 3500 has a total call value of 615,032,100,000 versus a total put value of 0 Combined total value = 615,032,100,000
Strike 3520 has a total call value of 644,064,900,000 versus a total put value of 0 Combined total value = 644,064,900,000
Strike 3540 has a total call value of 673,097,700,000 versus a total put value of 0 Combined total value = 673,097,700,000
Strike 3550 has a total call value of 687,614,100,000 versus a total put value of 0 Combined total value = 687,614,100,000
Strike 3560 has a total call value of 702,130,500,000 versus a total put value of 0 Combined total value = 702,130,500,000
Strike 3580 has a total call value of 731,163,300,000 versus a total put value of 0 Combined total value = 731,163,300,000
Strike 3600 has a total call value of 760,196,100,000 versus a total put value of 0 Combined total value = 760,196,100,000
Strike 3620 has a total call value of 789,402,900,000 versus a total put value of 0 Combined total value = 789,402,900,000
Strike 3640 has a total call value of 818,609,700,000 versus a total put value of 0 Combined total value = 818,609,700,000
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.