ASIANPAINT
ASIAN PAINTS LIMITED
Max pain for ASIANPAINT
26 Apr 2024 09:02 AM IST
Max Pain for ASIANPAINT is 3040
Strike 2740 has a total call value of 0 versus a total put value of 3,958,400,000 Combined total value = 3,958,400,000
Strike 2760 has a total call value of 0 versus a total put value of 3,412,000,000 Combined total value = 3,412,000,000
Strike 2780 has a total call value of 0 versus a total put value of 3,162,400,000 Combined total value = 3,162,400,000
Strike 2800 has a total call value of 0 versus a total put value of 2,912,800,000 Combined total value = 2,912,800,000
Strike 2820 has a total call value of 0 versus a total put value of 2,663,200,000 Combined total value = 2,663,200,000
Strike 2840 has a total call value of 0 versus a total put value of 2,413,600,000 Combined total value = 2,413,600,000
Strike 2860 has a total call value of 0 versus a total put value of 2,164,000,000 Combined total value = 2,164,000,000
Strike 2880 has a total call value of 126,000,000 versus a total put value of 2,027,200,000 Combined total value = 2,153,200,000
Strike 2900 has a total call value of 252,000,000 versus a total put value of 1,890,400,000 Combined total value = 2,142,400,000
Strike 2920 has a total call value of 378,000,000 versus a total put value of 1,753,600,000 Combined total value = 2,131,600,000
Strike 2940 has a total call value of 504,000,000 versus a total put value of 1,616,800,000 Combined total value = 2,120,800,000
Strike 2960 has a total call value of 630,000,000 versus a total put value of 1,480,000,000 Combined total value = 2,110,000,000
Strike 2980 has a total call value of 756,000,000 versus a total put value of 1,343,200,000 Combined total value = 2,099,200,000
Strike 3000 has a total call value of 882,000,000 versus a total put value of 1,206,400,000 Combined total value = 2,088,400,000
Strike 3020 has a total call value of 1,008,000,000 versus a total put value of 1,069,600,000 Combined total value = 2,077,600,000
Strike 3040 has a total call value of 1,134,000,000 versus a total put value of 932,800,000 Combined total value = 2,066,800,000
Strike 3060 has a total call value of 1,281,200,000 versus a total put value of 796,000,000 Combined total value = 2,077,200,000
Strike 3080 has a total call value of 1,428,400,000 versus a total put value of 659,200,000 Combined total value = 2,087,600,000
Strike 3100 has a total call value of 1,575,600,000 versus a total put value of 522,400,000 Combined total value = 2,098,000,000
Strike 3120 has a total call value of 1,964,400,000 versus a total put value of 444,800,000 Combined total value = 2,409,200,000
Strike 3140 has a total call value of 2,353,200,000 versus a total put value of 367,200,000 Combined total value = 2,720,400,000
Strike 3160 has a total call value of 2,742,000,000 versus a total put value of 289,600,000 Combined total value = 3,031,600,000
Strike 3180 has a total call value of 3,146,800,000 versus a total put value of 212,000,000 Combined total value = 3,358,800,000
Strike 3200 has a total call value of 3,551,600,000 versus a total put value of 134,400,000 Combined total value = 3,686,000,000
Strike 3220 has a total call value of 4,144,000,000 versus a total put value of 117,600,000 Combined total value = 4,261,600,000
Strike 3240 has a total call value of 4,736,400,000 versus a total put value of 100,800,000 Combined total value = 4,837,200,000
Strike 3260 has a total call value of 5,328,800,000 versus a total put value of 84,000,000 Combined total value = 5,412,800,000
Strike 3280 has a total call value of 5,921,200,000 versus a total put value of 67,200,000 Combined total value = 5,988,400,000
Strike 3300 has a total call value of 6,514,800,000 versus a total put value of 50,400,000 Combined total value = 6,565,200,000
Strike 3320 has a total call value of 7,108,400,000 versus a total put value of 33,600,000 Combined total value = 7,142,000,000
Strike 3340 has a total call value of 7,714,800,000 versus a total put value of 16,800,000 Combined total value = 7,731,600,000
Strike 3360 has a total call value of 8,321,200,000 versus a total put value of 0 Combined total value = 8,321,200,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.