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AMBUJACEM
AMBUJA CEMENTS LTD

609.65 -5.60 (-0.91%)

Max pain for AMBUJACEM

19 Apr 2024 04:15 PM IST
Max Pain for AMBUJACEM is 620  



Strike  500  has a total call value of 0  versus a total put value of  92,835,900,000 Combined total value = 92,835,900,000

Strike  505  has a total call value of 6,300,000  versus a total put value of  87,872,400,000 Combined total value = 87,878,700,000

Strike  510  has a total call value of 12,600,000  versus a total put value of  82,908,900,000 Combined total value = 82,921,500,000

Strike  515  has a total call value of 18,900,000  versus a total put value of  77,945,400,000 Combined total value = 77,964,300,000

Strike  520  has a total call value of 25,200,000  versus a total put value of  72,981,900,000 Combined total value = 73,007,100,000

Strike  525  has a total call value of 32,400,000  versus a total put value of  68,053,500,000 Combined total value = 68,085,900,000

Strike  530  has a total call value of 39,600,000  versus a total put value of  63,132,300,000 Combined total value = 63,171,900,000

Strike  535  has a total call value of 46,800,000  versus a total put value of  58,446,900,000 Combined total value = 58,493,700,000

Strike  540  has a total call value of 54,000,000  versus a total put value of  53,761,500,000 Combined total value = 53,815,500,000

Strike  545  has a total call value of 61,200,000  versus a total put value of  49,321,800,000 Combined total value = 49,383,000,000

Strike  550  has a total call value of 68,400,000  versus a total put value of  44,882,100,000 Combined total value = 44,950,500,000

Strike  555  has a total call value of 82,800,000  versus a total put value of  40,855,500,000 Combined total value = 40,938,300,000

Strike  560  has a total call value of 97,200,000  versus a total put value of  36,828,900,000 Combined total value = 36,926,100,000

Strike  565  has a total call value of 111,600,000  versus a total put value of  32,904,900,000 Combined total value = 33,016,500,000

Strike  570  has a total call value of 126,000,000  versus a total put value of  28,992,600,000 Combined total value = 29,118,600,000

Strike  575  has a total call value of 140,400,000  versus a total put value of  25,221,600,000 Combined total value = 25,362,000,000

Strike  580  has a total call value of 156,600,000  versus a total put value of  21,474,900,000 Combined total value = 21,631,500,000

Strike  585  has a total call value of 229,500,000  versus a total put value of  18,013,500,000 Combined total value = 18,243,000,000

Strike  590  has a total call value of 316,800,000  versus a total put value of  14,610,600,000 Combined total value = 14,927,400,000

Strike  595  has a total call value of 447,300,000  versus a total put value of  11,430,000,000 Combined total value = 11,877,300,000

Strike  600  has a total call value of 587,700,000  versus a total put value of  8,343,000,000 Combined total value = 8,930,700,000

Strike  605  has a total call value of 1,133,100,000  versus a total put value of  6,433,200,000 Combined total value = 7,566,300,000

Strike  610  has a total call value of 1,740,600,000  versus a total put value of  4,639,500,000 Combined total value = 6,380,100,000

Strike  615  has a total call value of 2,686,500,000  versus a total put value of  3,398,400,000 Combined total value = 6,084,900,000

Strike  620  has a total call value of 3,794,400,000  versus a total put value of  2,268,900,000 Combined total value = 6,063,300,000

Strike  625  has a total call value of 5,306,400,000  versus a total put value of  1,371,600,000 Combined total value = 6,678,000,000

Strike  630  has a total call value of 7,082,100,000  versus a total put value of  570,600,000 Combined total value = 7,652,700,000

Strike  635  has a total call value of 9,877,500,000  versus a total put value of  398,700,000 Combined total value = 10,276,200,000

Strike  640  has a total call value of 12,867,300,000  versus a total put value of  226,800,000 Combined total value = 13,094,100,000

Strike  645  has a total call value of 16,904,700,000  versus a total put value of  146,700,000 Combined total value = 17,051,400,000

Strike  650  has a total call value of 21,063,600,000  versus a total put value of  66,600,000 Combined total value = 21,130,200,000

Strike  655  has a total call value of 26,333,100,000  versus a total put value of  33,300,000 Combined total value = 26,366,400,000

Strike  660  has a total call value of 31,651,200,000  versus a total put value of  0 Combined total value = 31,651,200,000

Strike  665  has a total call value of 37,478,700,000  versus a total put value of  0 Combined total value = 37,478,700,000

Strike  670  has a total call value of 43,445,700,000  versus a total put value of  0 Combined total value = 43,445,700,000

Strike  675  has a total call value of 49,635,900,000  versus a total put value of  0 Combined total value = 49,635,900,000

Strike  680  has a total call value of 55,857,600,000  versus a total put value of  0 Combined total value = 55,857,600,000

Strike  685  has a total call value of 62,292,600,000  versus a total put value of  0 Combined total value = 62,292,600,000

Strike  690  has a total call value of 68,727,600,000  versus a total put value of  0 Combined total value = 68,727,600,000

Strike  695  has a total call value of 75,283,200,000  versus a total put value of  0 Combined total value = 75,283,200,000

Strike  700  has a total call value of 81,838,800,000  versus a total put value of  0 Combined total value = 81,838,800,000

Strike  705  has a total call value of 89,085,600,000  versus a total put value of  0 Combined total value = 89,085,600,000

Strike  710  has a total call value of 96,332,400,000  versus a total put value of  0 Combined total value = 96,332,400,000

Strike  715  has a total call value of 103,579,200,000  versus a total put value of  0 Combined total value = 103,579,200,000

Strike  720  has a total call value of 110,826,000,000  versus a total put value of  0 Combined total value = 110,826,000,000

Strike  725  has a total call value of 118,239,300,000  versus a total put value of  0 Combined total value = 118,239,300,000

Strike  730  has a total call value of 125,652,600,000  versus a total put value of  0 Combined total value = 125,652,600,000

Strike  735  has a total call value of 133,065,900,000  versus a total put value of  0 Combined total value = 133,065,900,000

Strike  740  has a total call value of 140,479,200,000  versus a total put value of  0 Combined total value = 140,479,200,000

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.