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BAJAJ-AUTO
Bajaj Auto Limited

11876.95 44.95 (0.38%)

Max pain for BAJAJ-AUTO

11 Oct 2024 04:11 PM IST

Max Pain for BAJAJ-AUTO is 12000  



Strike  9200  has a total call value of 0  versus a total put value of  190,515,000,000 Combined total value = 190,515,000,000

Strike  9300  has a total call value of 0  versus a total put value of  182,401,500,000 Combined total value = 182,401,500,000

Strike  9400  has a total call value of 0  versus a total put value of  174,288,000,000 Combined total value = 174,288,000,000

Strike  9500  has a total call value of 0  versus a total put value of  166,174,500,000 Combined total value = 166,174,500,000

Strike  9600  has a total call value of 0  versus a total put value of  158,061,000,000 Combined total value = 158,061,000,000

Strike  9700  has a total call value of 0  versus a total put value of  149,947,500,000 Combined total value = 149,947,500,000

Strike  9800  has a total call value of 0  versus a total put value of  141,834,000,000 Combined total value = 141,834,000,000

Strike  9900  has a total call value of 0  versus a total put value of  133,720,500,000 Combined total value = 133,720,500,000

Strike  10000  has a total call value of 0  versus a total put value of  125,607,000,000 Combined total value = 125,607,000,000

Strike  10100  has a total call value of 0  versus a total put value of  117,964,500,000 Combined total value = 117,964,500,000

Strike  10200  has a total call value of 0  versus a total put value of  110,322,000,000 Combined total value = 110,322,000,000

Strike  10300  has a total call value of 0  versus a total put value of  102,679,500,000 Combined total value = 102,679,500,000

Strike  10400  has a total call value of 0  versus a total put value of  95,037,000,000 Combined total value = 95,037,000,000

Strike  10500  has a total call value of 0  versus a total put value of  87,425,250,000 Combined total value = 87,425,250,000

Strike  10600  has a total call value of 15,000,000  versus a total put value of  80,178,750,000 Combined total value = 80,193,750,000

Strike  10700  has a total call value of 30,000,000  versus a total put value of  72,960,750,000 Combined total value = 72,990,750,000

Strike  10800  has a total call value of 45,000,000  versus a total put value of  65,798,250,000 Combined total value = 65,843,250,000

Strike  10900  has a total call value of 60,000,000  versus a total put value of  58,794,000,000 Combined total value = 58,854,000,000

Strike  11000  has a total call value of 75,000,000  versus a total put value of  51,828,750,000 Combined total value = 51,903,750,000

Strike  11100  has a total call value of 90,000,000  versus a total put value of  45,705,750,000 Combined total value = 45,795,750,000

Strike  11200  has a total call value of 108,000,000  versus a total put value of  39,658,500,000 Combined total value = 39,766,500,000

Strike  11300  has a total call value of 126,000,000  versus a total put value of  33,994,500,000 Combined total value = 34,120,500,000

Strike  11400  has a total call value of 144,000,000  versus a total put value of  28,508,250,000 Combined total value = 28,652,250,000

Strike  11500  has a total call value of 162,000,000  versus a total put value of  23,253,750,000 Combined total value = 23,415,750,000

Strike  11600  has a total call value of 439,500,000  versus a total put value of  18,978,000,000 Combined total value = 19,417,500,000

Strike  11700  has a total call value of 798,750,000  versus a total put value of  15,091,500,000 Combined total value = 15,890,250,000

Strike  11800  has a total call value of 1,354,500,000  versus a total put value of  11,642,250,000 Combined total value = 12,996,750,000

Strike  11900  has a total call value of 2,259,000,000  versus a total put value of  8,673,750,000 Combined total value = 10,932,750,000

Strike  12000  has a total call value of 3,768,000,000  versus a total put value of  6,129,000,000 Combined total value = 9,897,000,000

Strike  12100  has a total call value of 6,792,000,000  versus a total put value of  4,443,000,000 Combined total value = 11,235,000,000

Strike  12200  has a total call value of 10,233,750,000  versus a total put value of  2,989,500,000 Combined total value = 13,223,250,000

Strike  12300  has a total call value of 14,304,000,000  versus a total put value of  1,754,250,000 Combined total value = 16,058,250,000

Strike  12400  has a total call value of 19,073,250,000  versus a total put value of  874,500,000 Combined total value = 19,947,750,000

Strike  12500  has a total call value of 24,465,000,000  versus a total put value of  229,500,000 Combined total value = 24,694,500,000

Strike  12600  has a total call value of 31,530,000,000  versus a total put value of  114,750,000 Combined total value = 31,644,750,000

Strike  12700  has a total call value of 39,373,500,000  versus a total put value of  0 Combined total value = 39,373,500,000

Strike  12800  has a total call value of 47,820,750,000  versus a total put value of  0 Combined total value = 47,820,750,000

Strike  12900  has a total call value of 57,070,500,000  versus a total put value of  0 Combined total value = 57,070,500,000

Strike  13000  has a total call value of 66,573,750,000  versus a total put value of  0 Combined total value = 66,573,750,000

Strike  13100  has a total call value of 77,995,500,000  versus a total put value of  0 Combined total value = 77,995,500,000

Strike  13200  has a total call value of 89,658,000,000  versus a total put value of  0 Combined total value = 89,658,000,000

Strike  13300  has a total call value of 101,859,000,000  versus a total put value of  0 Combined total value = 101,859,000,000

Strike  13400  has a total call value of 114,231,000,000  versus a total put value of  0 Combined total value = 114,231,000,000

Strike  13500  has a total call value of 126,989,250,000  versus a total put value of  0 Combined total value = 126,989,250,000

Strike  13600  has a total call value of 140,673,000,000  versus a total put value of  0 Combined total value = 140,673,000,000

Strike  13700  has a total call value of 154,772,250,000  versus a total put value of  0 Combined total value = 154,772,250,000

Strike  13800  has a total call value of 168,998,250,000  versus a total put value of  0 Combined total value = 168,998,250,000

Strike  13900  has a total call value of 183,483,000,000  versus a total put value of  0 Combined total value = 183,483,000,000

Strike  14000  has a total call value of 198,010,500,000  versus a total put value of  0 Combined total value = 198,010,500,000

Strike  14100  has a total call value of 213,900,750,000  versus a total put value of  0 Combined total value = 213,900,750,000

Strike  14200  has a total call value of 229,791,000,000  versus a total put value of  0 Combined total value = 229,791,000,000

Strike  14300  has a total call value of 245,883,000,000  versus a total put value of  0 Combined total value = 245,883,000,000

Strike  14400  has a total call value of 261,975,000,000  versus a total put value of  0 Combined total value = 261,975,000,000

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.