[--[65.84.65.76]--]
ADANIPORTS
ADANI PORT & SEZ LTD

1295.55 -8.79 (-0.67%)

Max pain for ADANIPORTS

18 Apr 2024 06:50 PM IST
Max Pain for ADANIPORTS is 1330  



Strike  1020  has a total call value of 0  versus a total put value of  227,149,600,000 Combined total value = 227,149,600,000

Strike  1030  has a total call value of 0  versus a total put value of  218,032,800,000 Combined total value = 218,032,800,000

Strike  1040  has a total call value of 0  versus a total put value of  208,916,000,000 Combined total value = 208,916,000,000

Strike  1050  has a total call value of 0  versus a total put value of  199,802,400,000 Combined total value = 199,802,400,000

Strike  1060  has a total call value of 0  versus a total put value of  190,711,200,000 Combined total value = 190,711,200,000

Strike  1070  has a total call value of 0  versus a total put value of  181,620,000,000 Combined total value = 181,620,000,000

Strike  1080  has a total call value of 0  versus a total put value of  172,528,800,000 Combined total value = 172,528,800,000

Strike  1090  has a total call value of 0  versus a total put value of  163,454,400,000 Combined total value = 163,454,400,000

Strike  1100  has a total call value of 0  versus a total put value of  154,380,000,000 Combined total value = 154,380,000,000

Strike  1110  has a total call value of 28,800,000  versus a total put value of  145,668,800,000 Combined total value = 145,697,600,000

Strike  1120  has a total call value of 57,600,000  versus a total put value of  136,967,200,000 Combined total value = 137,024,800,000

Strike  1130  has a total call value of 86,400,000  versus a total put value of  128,265,600,000 Combined total value = 128,352,000,000

Strike  1140  has a total call value of 115,200,000  versus a total put value of  119,564,000,000 Combined total value = 119,679,200,000

Strike  1150  has a total call value of 144,000,000  versus a total put value of  110,881,600,000 Combined total value = 111,025,600,000

Strike  1160  has a total call value of 172,800,000  versus a total put value of  103,005,600,000 Combined total value = 103,178,400,000

Strike  1170  has a total call value of 202,400,000  versus a total put value of  95,129,600,000 Combined total value = 95,332,000,000

Strike  1180  has a total call value of 232,000,000  versus a total put value of  87,269,600,000 Combined total value = 87,501,600,000

Strike  1190  has a total call value of 261,600,000  versus a total put value of  79,520,800,000 Combined total value = 79,782,400,000

Strike  1200  has a total call value of 291,200,000  versus a total put value of  71,824,800,000 Combined total value = 72,116,000,000

Strike  1210  has a total call value of 492,800,000  versus a total put value of  65,466,400,000 Combined total value = 65,959,200,000

Strike  1220  has a total call value of 694,400,000  versus a total put value of  59,166,400,000 Combined total value = 59,860,800,000

Strike  1230  has a total call value of 896,000,000  versus a total put value of  52,912,000,000 Combined total value = 53,808,000,000

Strike  1240  has a total call value of 1,097,600,000  versus a total put value of  46,791,200,000 Combined total value = 47,888,800,000

Strike  1250  has a total call value of 1,299,200,000  versus a total put value of  40,789,600,000 Combined total value = 42,088,800,000

Strike  1260  has a total call value of 1,598,400,000  versus a total put value of  35,356,800,000 Combined total value = 36,955,200,000

Strike  1270  has a total call value of 1,933,600,000  versus a total put value of  30,160,000,000 Combined total value = 32,093,600,000

Strike  1280  has a total call value of 2,268,800,000  versus a total put value of  25,112,000,000 Combined total value = 27,380,800,000

Strike  1290  has a total call value of 2,640,000,000  versus a total put value of  20,520,800,000 Combined total value = 23,160,800,000

Strike  1300  has a total call value of 3,048,800,000  versus a total put value of  16,060,800,000 Combined total value = 19,109,600,000

Strike  1310  has a total call value of 4,414,400,000  versus a total put value of  13,127,200,000 Combined total value = 17,541,600,000

Strike  1320  has a total call value of 5,938,400,000  versus a total put value of  10,384,000,000 Combined total value = 16,322,400,000

Strike  1330  has a total call value of 7,953,600,000  versus a total put value of  8,022,400,000 Combined total value = 15,976,000,000

Strike  1340  has a total call value of 10,341,600,000  versus a total put value of  5,936,800,000 Combined total value = 16,278,400,000

Strike  1350  has a total call value of 13,431,200,000  versus a total put value of  4,211,200,000 Combined total value = 17,642,400,000

Strike  1360  has a total call value of 17,714,400,000  versus a total put value of  3,142,400,000 Combined total value = 20,856,800,000

Strike  1370  has a total call value of 22,986,400,000  versus a total put value of  2,275,200,000 Combined total value = 25,261,600,000

Strike  1380  has a total call value of 28,894,400,000  versus a total put value of  1,520,800,000 Combined total value = 30,415,200,000

Strike  1390  has a total call value of 35,949,600,000  versus a total put value of  972,000,000 Combined total value = 36,921,600,000

Strike  1400  has a total call value of 43,436,000,000  versus a total put value of  423,200,000 Combined total value = 43,859,200,000

Strike  1410  has a total call value of 54,179,200,000  versus a total put value of  279,200,000 Combined total value = 54,458,400,000

Strike  1420  has a total call value of 65,565,600,000  versus a total put value of  203,200,000 Combined total value = 65,768,800,000

Strike  1430  has a total call value of 78,088,000,000  versus a total put value of  127,200,000 Combined total value = 78,215,200,000

Strike  1440  has a total call value of 90,859,200,000  versus a total put value of  51,200,000 Combined total value = 90,910,400,000

Strike  1450  has a total call value of 103,952,000,000  versus a total put value of  0 Combined total value = 103,952,000,000

Strike  1460  has a total call value of 117,715,200,000  versus a total put value of  0 Combined total value = 117,715,200,000

Strike  1470  has a total call value of 131,745,600,000  versus a total put value of  0 Combined total value = 131,745,600,000

Strike  1480  has a total call value of 145,776,000,000  versus a total put value of  0 Combined total value = 145,776,000,000

Strike  1490  has a total call value of 160,067,200,000  versus a total put value of  0 Combined total value = 160,067,200,000

Strike  1500  has a total call value of 174,358,400,000  versus a total put value of  0 Combined total value = 174,358,400,000

Strike  1510  has a total call value of 190,240,000,000  versus a total put value of  0 Combined total value = 190,240,000,000

Strike  1520  has a total call value of 206,121,600,000  versus a total put value of  0 Combined total value = 206,121,600,000

Strike  1530  has a total call value of 222,410,400,000  versus a total put value of  0 Combined total value = 222,410,400,000

Strike  1540  has a total call value of 238,699,200,000  versus a total put value of  0 Combined total value = 238,699,200,000

Strike  1550  has a total call value of 254,988,000,000  versus a total put value of  0 Combined total value = 254,988,000,000

Strike  1560  has a total call value of 271,276,800,000  versus a total put value of  0 Combined total value = 271,276,800,000

Strike  1570  has a total call value of 288,221,600,000  versus a total put value of  0 Combined total value = 288,221,600,000

Strike  1580  has a total call value of 305,166,400,000  versus a total put value of  0 Combined total value = 305,166,400,000

Strike  1590  has a total call value of 322,111,200,000  versus a total put value of  0 Combined total value = 322,111,200,000

Strike  1600  has a total call value of 339,056,000,000  versus a total put value of  0 Combined total value = 339,056,000,000

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.