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ASIANPAINT
ASIAN PAINTS LIMITED

2807.7 -22.30 (-0.79%)

Max pain for ASIANPAINT

18 Apr 2024 06:50 PM IST
Max Pain for ASIANPAINT is 2860  



Strike  2560  has a total call value of 0  versus a total put value of  58,252,800,000 Combined total value = 58,252,800,000

Strike  2580  has a total call value of 0  versus a total put value of  53,786,000,000 Combined total value = 53,786,000,000

Strike  2600  has a total call value of 0  versus a total put value of  49,319,200,000 Combined total value = 49,319,200,000

Strike  2620  has a total call value of 10,800,000  versus a total put value of  45,094,400,000 Combined total value = 45,105,200,000

Strike  2640  has a total call value of 23,200,000  versus a total put value of  40,870,400,000 Combined total value = 40,893,600,000

Strike  2660  has a total call value of 35,600,000  versus a total put value of  36,723,600,000 Combined total value = 36,759,200,000

Strike  2680  has a total call value of 48,000,000  versus a total put value of  32,667,600,000 Combined total value = 32,715,600,000

Strike  2700  has a total call value of 62,000,000  versus a total put value of  28,700,000,000 Combined total value = 28,762,000,000

Strike  2720  has a total call value of 163,600,000  versus a total put value of  25,182,800,000 Combined total value = 25,346,400,000

Strike  2740  has a total call value of 265,200,000  versus a total put value of  21,746,800,000 Combined total value = 22,012,000,000

Strike  2760  has a total call value of 377,200,000  versus a total put value of  18,483,200,000 Combined total value = 18,860,400,000

Strike  2780  has a total call value of 508,400,000  versus a total put value of  15,368,800,000 Combined total value = 15,877,200,000

Strike  2800  has a total call value of 674,000,000  versus a total put value of  12,340,000,000 Combined total value = 13,014,000,000

Strike  2820  has a total call value of 1,213,200,000  versus a total put value of  10,124,800,000 Combined total value = 11,338,000,000

Strike  2840  has a total call value of 1,898,400,000  versus a total put value of  8,156,000,000 Combined total value = 10,054,400,000

Strike  2860  has a total call value of 3,053,200,000  versus a total put value of  6,456,800,000 Combined total value = 9,510,000,000

Strike  2880  has a total call value of 4,712,800,000  versus a total put value of  4,950,800,000 Combined total value = 9,663,600,000

Strike  2900  has a total call value of 6,903,200,000  versus a total put value of  3,583,600,000 Combined total value = 10,486,800,000

Strike  2920  has a total call value of 11,400,800,000  versus a total put value of  2,947,600,000 Combined total value = 14,348,400,000

Strike  2940  has a total call value of 16,404,800,000  versus a total put value of  2,409,600,000 Combined total value = 18,814,400,000

Strike  2960  has a total call value of 21,892,800,000  versus a total put value of  1,930,800,000 Combined total value = 23,823,600,000

Strike  2980  has a total call value of 27,662,400,000  versus a total put value of  1,487,200,000 Combined total value = 29,149,600,000

Strike  3000  has a total call value of 33,646,800,000  versus a total put value of  1,064,000,000 Combined total value = 34,710,800,000

Strike  3020  has a total call value of 41,894,800,000  versus a total put value of  925,600,000 Combined total value = 42,820,400,000

Strike  3040  has a total call value of 50,375,600,000  versus a total put value of  787,200,000 Combined total value = 51,162,800,000

Strike  3060  has a total call value of 58,976,400,000  versus a total put value of  648,800,000 Combined total value = 59,625,200,000

Strike  3080  has a total call value of 67,678,000,000  versus a total put value of  510,400,000 Combined total value = 68,188,400,000

Strike  3100  has a total call value of 76,450,400,000  versus a total put value of  372,000,000 Combined total value = 76,822,400,000

Strike  3120  has a total call value of 85,645,200,000  versus a total put value of  297,600,000 Combined total value = 85,942,800,000

Strike  3140  has a total call value of 94,876,000,000  versus a total put value of  223,200,000 Combined total value = 95,099,200,000

Strike  3160  has a total call value of 104,218,800,000  versus a total put value of  148,800,000 Combined total value = 104,367,600,000

Strike  3180  has a total call value of 113,623,200,000  versus a total put value of  74,400,000 Combined total value = 113,697,600,000

Strike  3200  has a total call value of 123,027,600,000  versus a total put value of  0 Combined total value = 123,027,600,000

Strike  3220  has a total call value of 132,815,600,000  versus a total put value of  0 Combined total value = 132,815,600,000

Strike  3240  has a total call value of 142,603,600,000  versus a total put value of  0 Combined total value = 142,603,600,000

Strike  3260  has a total call value of 152,489,600,000  versus a total put value of  0 Combined total value = 152,489,600,000

Strike  3280  has a total call value of 162,375,600,000  versus a total put value of  0 Combined total value = 162,375,600,000

Strike  3300  has a total call value of 172,261,600,000  versus a total put value of  0 Combined total value = 172,261,600,000

Strike  3320  has a total call value of 182,147,600,000  versus a total put value of  0 Combined total value = 182,147,600,000

Strike  3340  has a total call value of 192,035,600,000  versus a total put value of  0 Combined total value = 192,035,600,000

Strike  3360  has a total call value of 201,923,600,000  versus a total put value of  0 Combined total value = 201,923,600,000

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.