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AMBUJACEM
Ambuja Cements Ltd

585.2 -0.05 (-0.01%)

Max pain for AMBUJACEM

11 Oct 2024 04:10 PM IST

Max Pain for AMBUJACEM is 610  



Strike  500  has a total call value of 0  versus a total put value of  76,968,000,000 Combined total value = 76,968,000,000

Strike  510  has a total call value of 0  versus a total put value of  69,143,400,000 Combined total value = 69,143,400,000

Strike  520  has a total call value of 0  versus a total put value of  61,318,800,000 Combined total value = 61,318,800,000

Strike  530  has a total call value of 0  versus a total put value of  53,828,100,000 Combined total value = 53,828,100,000

Strike  540  has a total call value of 0  versus a total put value of  46,425,600,000 Combined total value = 46,425,600,000

Strike  550  has a total call value of 4,500,000  versus a total put value of  39,177,900,000 Combined total value = 39,182,400,000

Strike  560  has a total call value of 21,600,000  versus a total put value of  32,419,800,000 Combined total value = 32,441,400,000

Strike  570  has a total call value of 55,800,000  versus a total put value of  26,100,000,000 Combined total value = 26,155,800,000

Strike  580  has a total call value of 189,000,000  versus a total put value of  20,239,200,000 Combined total value = 20,428,200,000

Strike  590  has a total call value of 576,000,000  versus a total put value of  15,342,300,000 Combined total value = 15,918,300,000

Strike  600  has a total call value of 1,751,400,000  versus a total put value of  11,331,900,000 Combined total value = 13,083,300,000

Strike  610  has a total call value of 4,266,900,000  versus a total put value of  8,315,100,000 Combined total value = 12,582,000,000

Strike  620  has a total call value of 7,695,900,000  versus a total put value of  6,005,700,000 Combined total value = 13,701,600,000

Strike  630  has a total call value of 12,264,300,000  versus a total put value of  4,026,600,000 Combined total value = 16,290,900,000

Strike  640  has a total call value of 18,189,000,000  versus a total put value of  2,646,000,000 Combined total value = 20,835,000,000

Strike  650  has a total call value of 25,768,800,000  versus a total put value of  1,575,900,000 Combined total value = 27,344,700,000

Strike  660  has a total call value of 34,625,700,000  versus a total put value of  828,900,000 Combined total value = 35,454,600,000

Strike  670  has a total call value of 44,785,800,000  versus a total put value of  541,800,000 Combined total value = 45,327,600,000

Strike  680  has a total call value of 57,149,100,000  versus a total put value of  254,700,000 Combined total value = 57,403,800,000

Strike  690  has a total call value of 70,102,800,000  versus a total put value of  125,100,000 Combined total value = 70,227,900,000

Strike  700  has a total call value of 83,163,600,000  versus a total put value of  0 Combined total value = 83,163,600,000

Strike  710  has a total call value of 97,104,600,000  versus a total put value of  0 Combined total value = 97,104,600,000

Strike  720  has a total call value of 111,045,600,000  versus a total put value of  0 Combined total value = 111,045,600,000

Strike  730  has a total call value of 125,130,600,000  versus a total put value of  0 Combined total value = 125,130,600,000

Strike  740  has a total call value of 139,215,600,000  versus a total put value of  0 Combined total value = 139,215,600,000

All Max-Pain Table


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.