ASIANPAINT
Asian Paints Limited
Max pain for ASIANPAINT
17 Oct 2024 04:11 PM IST
Max Pain for ASIANPAINT is 3100
Strike 2600 has a total call value of 0 versus a total put value of 132,282,400,000 Combined total value = 132,282,400,000
Strike 2620 has a total call value of 0 versus a total put value of 126,348,400,000 Combined total value = 126,348,400,000
Strike 2640 has a total call value of 0 versus a total put value of 120,414,400,000 Combined total value = 120,414,400,000
Strike 2660 has a total call value of 0 versus a total put value of 114,480,400,000 Combined total value = 114,480,400,000
Strike 2680 has a total call value of 0 versus a total put value of 108,546,400,000 Combined total value = 108,546,400,000
Strike 2700 has a total call value of 6,800,000 versus a total put value of 102,781,200,000 Combined total value = 102,788,000,000
Strike 2720 has a total call value of 13,600,000 versus a total put value of 97,016,000,000 Combined total value = 97,029,600,000
Strike 2740 has a total call value of 20,400,000 versus a total put value of 91,262,000,000 Combined total value = 91,282,400,000
Strike 2760 has a total call value of 27,200,000 versus a total put value of 85,508,000,000 Combined total value = 85,535,200,000
Strike 2780 has a total call value of 34,000,000 versus a total put value of 79,802,400,000 Combined total value = 79,836,400,000
Strike 2800 has a total call value of 40,800,000 versus a total put value of 74,096,800,000 Combined total value = 74,137,600,000
Strike 2820 has a total call value of 49,600,000 versus a total put value of 68,786,800,000 Combined total value = 68,836,400,000
Strike 2840 has a total call value of 58,400,000 versus a total put value of 63,476,800,000 Combined total value = 63,535,200,000
Strike 2860 has a total call value of 67,200,000 versus a total put value of 58,202,800,000 Combined total value = 58,270,000,000
Strike 2880 has a total call value of 76,000,000 versus a total put value of 52,980,800,000 Combined total value = 53,056,800,000
Strike 2900 has a total call value of 84,800,000 versus a total put value of 47,813,200,000 Combined total value = 47,898,000,000
Strike 2920 has a total call value of 101,200,000 versus a total put value of 43,151,600,000 Combined total value = 43,252,800,000
Strike 2940 has a total call value of 117,600,000 versus a total put value of 38,559,600,000 Combined total value = 38,677,200,000
Strike 2960 has a total call value of 139,200,000 versus a total put value of 34,081,600,000 Combined total value = 34,220,800,000
Strike 2980 has a total call value of 172,800,000 versus a total put value of 29,775,200,000 Combined total value = 29,948,000,000
Strike 3000 has a total call value of 215,600,000 versus a total put value of 25,574,800,000 Combined total value = 25,790,400,000
Strike 3020 has a total call value of 451,200,000 versus a total put value of 22,547,600,000 Combined total value = 22,998,800,000
Strike 3040 has a total call value of 724,800,000 versus a total put value of 19,601,200,000 Combined total value = 20,326,000,000
Strike 3060 has a total call value of 1,137,200,000 versus a total put value of 16,888,400,000 Combined total value = 18,025,600,000
Strike 3080 has a total call value of 1,818,000,000 versus a total put value of 14,477,200,000 Combined total value = 16,295,200,000
Strike 3100 has a total call value of 2,810,000,000 versus a total put value of 12,211,600,000 Combined total value = 15,021,600,000
Strike 3120 has a total call value of 5,017,600,000 versus a total put value of 10,596,800,000 Combined total value = 15,614,400,000
Strike 3140 has a total call value of 7,752,000,000 versus a total put value of 9,055,200,000 Combined total value = 16,807,200,000
Strike 3160 has a total call value of 10,974,000,000 versus a total put value of 7,594,400,000 Combined total value = 18,568,400,000
Strike 3180 has a total call value of 14,535,600,000 versus a total put value of 6,238,800,000 Combined total value = 20,774,400,000
Strike 3200 has a total call value of 18,387,600,000 versus a total put value of 4,990,400,000 Combined total value = 23,378,000,000
Strike 3220 has a total call value of 23,908,000,000 versus a total put value of 4,081,200,000 Combined total value = 27,989,200,000
Strike 3240 has a total call value of 29,612,000,000 versus a total put value of 3,222,400,000 Combined total value = 32,834,400,000
Strike 3260 has a total call value of 35,641,200,000 versus a total put value of 2,439,600,000 Combined total value = 38,080,800,000
Strike 3280 has a total call value of 42,008,400,000 versus a total put value of 1,724,000,000 Combined total value = 43,732,400,000
Strike 3300 has a total call value of 48,715,600,000 versus a total put value of 1,090,800,000 Combined total value = 49,806,400,000
Strike 3320 has a total call value of 56,962,400,000 versus a total put value of 784,800,000 Combined total value = 57,747,200,000
Strike 3340 has a total call value of 65,513,600,000 versus a total put value of 586,800,000 Combined total value = 66,100,400,000
Strike 3360 has a total call value of 74,417,600,000 versus a total put value of 388,800,000 Combined total value = 74,806,400,000
Strike 3380 has a total call value of 83,681,200,000 versus a total put value of 266,400,000 Combined total value = 83,947,600,000
Strike 3400 has a total call value of 93,091,200,000 versus a total put value of 144,000,000 Combined total value = 93,235,200,000
Strike 3420 has a total call value of 104,624,800,000 versus a total put value of 129,600,000 Combined total value = 104,754,400,000
Strike 3440 has a total call value of 116,445,600,000 versus a total put value of 115,200,000 Combined total value = 116,560,800,000
Strike 3460 has a total call value of 128,330,800,000 versus a total put value of 100,800,000 Combined total value = 128,431,600,000
Strike 3480 has a total call value of 140,278,400,000 versus a total put value of 86,400,000 Combined total value = 140,364,800,000
Strike 3500 has a total call value of 152,260,000,000 versus a total put value of 72,000,000 Combined total value = 152,332,000,000
Strike 3520 has a total call value of 165,340,400,000 versus a total put value of 57,600,000 Combined total value = 165,398,000,000
Strike 3540 has a total call value of 178,478,000,000 versus a total put value of 43,200,000 Combined total value = 178,521,200,000
Strike 3560 has a total call value of 191,663,200,000 versus a total put value of 28,800,000 Combined total value = 191,692,000,000
Strike 3580 has a total call value of 204,848,400,000 versus a total put value of 14,400,000 Combined total value = 204,862,800,000
Strike 3600 has a total call value of 218,076,400,000 versus a total put value of 0 Combined total value = 218,076,400,000
Strike 3620 has a total call value of 231,600,000,000 versus a total put value of 0 Combined total value = 231,600,000,000
Strike 3640 has a total call value of 245,140,800,000 versus a total put value of 0 Combined total value = 245,140,800,000
Strike 3660 has a total call value of 258,724,400,000 versus a total put value of 0 Combined total value = 258,724,400,000
Strike 3680 has a total call value of 272,308,000,000 versus a total put value of 0 Combined total value = 272,308,000,000
Strike 3700 has a total call value of 285,951,200,000 versus a total put value of 0 Combined total value = 285,951,200,000
Strike 3720 has a total call value of 299,594,400,000 versus a total put value of 0 Combined total value = 299,594,400,000
Strike 3740 has a total call value of 313,304,000,000 versus a total put value of 0 Combined total value = 313,304,000,000
Strike 3760 has a total call value of 327,013,600,000 versus a total put value of 0 Combined total value = 327,013,600,000
Strike 3780 has a total call value of 340,749,600,000 versus a total put value of 0 Combined total value = 340,749,600,000
Strike 3800 has a total call value of 354,485,600,000 versus a total put value of 0 Combined total value = 354,485,600,000
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.
