ASIANPAINT
Asian Paints Limited
Max pain for ASIANPAINT
06 Sep 2024 04:11 PM IST
Max Pain for ASIANPAINT is 3200
Strike 2560 has a total call value of 0 versus a total put value of 138,688,000,000 Combined total value = 138,688,000,000
Strike 2580 has a total call value of 0 versus a total put value of 133,734,000,000 Combined total value = 133,734,000,000
Strike 2600 has a total call value of 0 versus a total put value of 128,780,000,000 Combined total value = 128,780,000,000
Strike 2620 has a total call value of 0 versus a total put value of 123,836,400,000 Combined total value = 123,836,400,000
Strike 2640 has a total call value of 0 versus a total put value of 118,892,800,000 Combined total value = 118,892,800,000
Strike 2660 has a total call value of 0 versus a total put value of 113,949,200,000 Combined total value = 113,949,200,000
Strike 2680 has a total call value of 0 versus a total put value of 109,005,600,000 Combined total value = 109,005,600,000
Strike 2700 has a total call value of 0 versus a total put value of 104,062,000,000 Combined total value = 104,062,000,000
Strike 2720 has a total call value of 0 versus a total put value of 99,194,400,000 Combined total value = 99,194,400,000
Strike 2740 has a total call value of 0 versus a total put value of 94,326,800,000 Combined total value = 94,326,800,000
Strike 2760 has a total call value of 0 versus a total put value of 89,459,200,000 Combined total value = 89,459,200,000
Strike 2780 has a total call value of 0 versus a total put value of 84,591,600,000 Combined total value = 84,591,600,000
Strike 2800 has a total call value of 0 versus a total put value of 79,724,000,000 Combined total value = 79,724,000,000
Strike 2820 has a total call value of 0 versus a total put value of 75,057,200,000 Combined total value = 75,057,200,000
Strike 2840 has a total call value of 0 versus a total put value of 70,390,400,000 Combined total value = 70,390,400,000
Strike 2860 has a total call value of 0 versus a total put value of 65,723,600,000 Combined total value = 65,723,600,000
Strike 2880 has a total call value of 0 versus a total put value of 61,142,400,000 Combined total value = 61,142,400,000
Strike 2900 has a total call value of 0 versus a total put value of 56,582,800,000 Combined total value = 56,582,800,000
Strike 2920 has a total call value of 20,400,000 versus a total put value of 52,226,800,000 Combined total value = 52,247,200,000
Strike 2940 has a total call value of 40,800,000 versus a total put value of 47,890,800,000 Combined total value = 47,931,600,000
Strike 2960 has a total call value of 61,200,000 versus a total put value of 43,617,200,000 Combined total value = 43,678,400,000
Strike 2980 has a total call value of 81,600,000 versus a total put value of 39,457,200,000 Combined total value = 39,538,800,000
Strike 3000 has a total call value of 108,800,000 versus a total put value of 35,334,800,000 Combined total value = 35,443,600,000
Strike 3020 has a total call value of 299,600,000 versus a total put value of 31,612,000,000 Combined total value = 31,911,600,000
Strike 3040 has a total call value of 490,400,000 versus a total put value of 27,940,800,000 Combined total value = 28,431,200,000
Strike 3060 has a total call value of 681,200,000 versus a total put value of 24,336,000,000 Combined total value = 25,017,200,000
Strike 3080 has a total call value of 894,000,000 versus a total put value of 20,809,600,000 Combined total value = 21,703,600,000
Strike 3100 has a total call value of 1,138,000,000 versus a total put value of 17,363,600,000 Combined total value = 18,501,600,000
Strike 3120 has a total call value of 1,641,200,000 versus a total put value of 14,612,400,000 Combined total value = 16,253,600,000
Strike 3140 has a total call value of 2,176,800,000 versus a total put value of 12,012,800,000 Combined total value = 14,189,600,000
Strike 3160 has a total call value of 2,803,200,000 versus a total put value of 9,620,400,000 Combined total value = 12,423,600,000
Strike 3180 has a total call value of 3,550,800,000 versus a total put value of 7,459,600,000 Combined total value = 11,010,400,000
Strike 3200 has a total call value of 4,382,800,000 versus a total put value of 5,435,600,000 Combined total value = 9,818,400,000
Strike 3220 has a total call value of 5,805,200,000 versus a total put value of 4,120,800,000 Combined total value = 9,926,000,000
Strike 3240 has a total call value of 7,354,000,000 versus a total put value of 2,994,400,000 Combined total value = 10,348,400,000
Strike 3260 has a total call value of 9,198,400,000 versus a total put value of 2,153,200,000 Combined total value = 11,351,600,000
Strike 3280 has a total call value of 11,774,400,000 versus a total put value of 1,549,200,000 Combined total value = 13,323,600,000
Strike 3300 has a total call value of 14,671,600,000 versus a total put value of 1,078,400,000 Combined total value = 15,750,000,000
Strike 3320 has a total call value of 18,741,600,000 versus a total put value of 838,400,000 Combined total value = 19,580,000,000
Strike 3340 has a total call value of 23,167,600,000 versus a total put value of 632,800,000 Combined total value = 23,800,400,000
Strike 3360 has a total call value of 27,870,000,000 versus a total put value of 464,400,000 Combined total value = 28,334,400,000
Strike 3380 has a total call value of 32,689,200,000 versus a total put value of 303,600,000 Combined total value = 32,992,800,000
Strike 3400 has a total call value of 37,609,600,000 versus a total put value of 166,000,000 Combined total value = 37,775,600,000
Strike 3420 has a total call value of 43,897,200,000 versus a total put value of 138,800,000 Combined total value = 44,036,000,000
Strike 3440 has a total call value of 50,312,800,000 versus a total put value of 125,200,000 Combined total value = 50,438,000,000
Strike 3460 has a total call value of 56,879,600,000 versus a total put value of 111,600,000 Combined total value = 56,991,200,000
Strike 3480 has a total call value of 63,471,200,000 versus a total put value of 99,200,000 Combined total value = 63,570,400,000
Strike 3500 has a total call value of 70,320,800,000 versus a total put value of 86,800,000 Combined total value = 70,407,600,000
Strike 3520 has a total call value of 77,170,400,000 versus a total put value of 74,400,000 Combined total value = 77,244,800,000
Strike 3540 has a total call value of 84,319,600,000 versus a total put value of 62,000,000 Combined total value = 84,381,600,000
Strike 3560 has a total call value of 91,468,800,000 versus a total put value of 49,600,000 Combined total value = 91,518,400,000
Strike 3580 has a total call value of 98,733,600,000 versus a total put value of 37,200,000 Combined total value = 98,770,800,000
Strike 3600 has a total call value of 105,998,400,000 versus a total put value of 24,800,000 Combined total value = 106,023,200,000
Strike 3620 has a total call value of 113,503,600,000 versus a total put value of 12,400,000 Combined total value = 113,516,000,000
Strike 3640 has a total call value of 121,008,800,000 versus a total put value of 0 Combined total value = 121,008,800,000
Strike 3660 has a total call value of 128,704,800,000 versus a total put value of 0 Combined total value = 128,704,800,000
Strike 3680 has a total call value of 136,400,800,000 versus a total put value of 0 Combined total value = 136,400,800,000
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.