BAJAJ-AUTO
BAJAJ AUTO LIMITED
Max pain for BAJAJ-AUTO
19 Mar 2024 03:46 PM IST
Max Pain for BAJAJ-AUTO is 8500
Strike 5700 has a total call value of 0 versus a total put value of 280,379,375,000 Combined total value = 280,379,375,000
Strike 5750 has a total call value of 15,625,000 versus a total put value of 274,516,875,000 Combined total value = 274,532,500,000
Strike 5800 has a total call value of 31,250,000 versus a total put value of 268,654,375,000 Combined total value = 268,685,625,000
Strike 5850 has a total call value of 46,875,000 versus a total put value of 262,791,875,000 Combined total value = 262,838,750,000
Strike 5900 has a total call value of 62,500,000 versus a total put value of 256,929,375,000 Combined total value = 256,991,875,000
Strike 5950 has a total call value of 78,125,000 versus a total put value of 251,066,875,000 Combined total value = 251,145,000,000
Strike 6000 has a total call value of 93,750,000 versus a total put value of 245,204,375,000 Combined total value = 245,298,125,000
Strike 6050 has a total call value of 109,375,000 versus a total put value of 239,341,875,000 Combined total value = 239,451,250,000
Strike 6100 has a total call value of 125,000,000 versus a total put value of 233,479,375,000 Combined total value = 233,604,375,000
Strike 6150 has a total call value of 140,625,000 versus a total put value of 227,616,875,000 Combined total value = 227,757,500,000
Strike 6200 has a total call value of 156,250,000 versus a total put value of 221,754,375,000 Combined total value = 221,910,625,000
Strike 6250 has a total call value of 171,875,000 versus a total put value of 215,891,875,000 Combined total value = 216,063,750,000
Strike 6300 has a total call value of 187,500,000 versus a total put value of 210,029,375,000 Combined total value = 210,216,875,000
Strike 6350 has a total call value of 203,125,000 versus a total put value of 204,166,875,000 Combined total value = 204,370,000,000
Strike 6400 has a total call value of 218,750,000 versus a total put value of 198,304,375,000 Combined total value = 198,523,125,000
Strike 6450 has a total call value of 234,375,000 versus a total put value of 192,441,875,000 Combined total value = 192,676,250,000
Strike 6500 has a total call value of 250,000,000 versus a total put value of 186,579,375,000 Combined total value = 186,829,375,000
Strike 6550 has a total call value of 283,750,000 versus a total put value of 180,716,875,000 Combined total value = 181,000,625,000
Strike 6600 has a total call value of 317,500,000 versus a total put value of 174,854,375,000 Combined total value = 175,171,875,000
Strike 6650 has a total call value of 351,250,000 versus a total put value of 168,991,875,000 Combined total value = 169,343,125,000
Strike 6700 has a total call value of 385,000,000 versus a total put value of 163,129,375,000 Combined total value = 163,514,375,000
Strike 6750 has a total call value of 418,750,000 versus a total put value of 157,266,875,000 Combined total value = 157,685,625,000
Strike 6800 has a total call value of 452,500,000 versus a total put value of 151,404,375,000 Combined total value = 151,856,875,000
Strike 6850 has a total call value of 486,250,000 versus a total put value of 145,541,875,000 Combined total value = 146,028,125,000
Strike 6900 has a total call value of 520,000,000 versus a total put value of 139,679,375,000 Combined total value = 140,199,375,000
Strike 6950 has a total call value of 553,750,000 versus a total put value of 133,823,750,000 Combined total value = 134,377,500,000
Strike 7000 has a total call value of 587,500,000 versus a total put value of 127,968,125,000 Combined total value = 128,555,625,000
Strike 7050 has a total call value of 700,625,000 versus a total put value of 122,413,125,000 Combined total value = 123,113,750,000
Strike 7100 has a total call value of 813,750,000 versus a total put value of 116,858,125,000 Combined total value = 117,671,875,000
Strike 7150 has a total call value of 926,875,000 versus a total put value of 111,303,125,000 Combined total value = 112,230,000,000
Strike 7200 has a total call value of 1,040,000,000 versus a total put value of 105,748,125,000 Combined total value = 106,788,125,000
Strike 7250 has a total call value of 1,153,125,000 versus a total put value of 100,291,250,000 Combined total value = 101,444,375,000
Strike 7300 has a total call value of 1,266,250,000 versus a total put value of 94,834,375,000 Combined total value = 96,100,625,000
Strike 7350 has a total call value of 1,379,375,000 versus a total put value of 89,455,625,000 Combined total value = 90,835,000,000
Strike 7400 has a total call value of 1,492,500,000 versus a total put value of 84,076,875,000 Combined total value = 85,569,375,000
Strike 7450 has a total call value of 1,605,625,000 versus a total put value of 78,810,625,000 Combined total value = 80,416,250,000
Strike 7500 has a total call value of 1,718,750,000 versus a total put value of 73,544,375,000 Combined total value = 75,263,125,000
Strike 7550 has a total call value of 1,889,375,000 versus a total put value of 68,586,250,000 Combined total value = 70,475,625,000
Strike 7600 has a total call value of 2,060,000,000 versus a total put value of 63,651,875,000 Combined total value = 65,711,875,000
Strike 7650 has a total call value of 2,230,625,000 versus a total put value of 58,835,000,000 Combined total value = 61,065,625,000
Strike 7700 has a total call value of 2,401,250,000 versus a total put value of 54,078,125,000 Combined total value = 56,479,375,000
Strike 7750 has a total call value of 2,571,875,000 versus a total put value of 49,574,375,000 Combined total value = 52,146,250,000
Strike 7800 has a total call value of 2,742,500,000 versus a total put value of 45,250,625,000 Combined total value = 47,993,125,000
Strike 7850 has a total call value of 2,950,000,000 versus a total put value of 41,227,500,000 Combined total value = 44,177,500,000
Strike 7900 has a total call value of 3,157,500,000 versus a total put value of 37,228,125,000 Combined total value = 40,385,625,000
Strike 7950 has a total call value of 3,385,625,000 versus a total put value of 33,373,125,000 Combined total value = 36,758,750,000
Strike 8000 has a total call value of 3,613,750,000 versus a total put value of 29,586,875,000 Combined total value = 33,200,625,000
Strike 8050 has a total call value of 3,994,375,000 versus a total put value of 26,331,250,000 Combined total value = 30,325,625,000
Strike 8100 has a total call value of 4,375,000,000 versus a total put value of 23,113,125,000 Combined total value = 27,488,125,000
Strike 8150 has a total call value of 4,825,625,000 versus a total put value of 20,097,500,000 Combined total value = 24,923,125,000
Strike 8200 has a total call value of 5,296,250,000 versus a total put value of 17,132,500,000 Combined total value = 22,428,750,000
Strike 8250 has a total call value of 5,918,125,000 versus a total put value of 14,542,500,000 Combined total value = 20,460,625,000
Strike 8300 has a total call value of 6,540,000,000 versus a total put value of 12,027,500,000 Combined total value = 18,567,500,000
Strike 8350 has a total call value of 7,401,875,000 versus a total put value of 9,883,125,000 Combined total value = 17,285,000,000
Strike 8400 has a total call value of 8,299,375,000 versus a total put value of 7,816,250,000 Combined total value = 16,115,625,000
Strike 8450 has a total call value of 9,395,625,000 versus a total put value of 5,985,625,000 Combined total value = 15,381,250,000
Strike 8500 has a total call value of 10,548,125,000 versus a total put value of 4,270,000,000 Combined total value = 14,818,125,000
Strike 8550 has a total call value of 12,260,625,000 versus a total put value of 3,282,500,000 Combined total value = 15,543,125,000
Strike 8600 has a total call value of 14,086,875,000 versus a total put value of 2,400,000,000 Combined total value = 16,486,875,000
Strike 8650 has a total call value of 16,686,875,000 versus a total put value of 1,830,625,000 Combined total value = 18,517,500,000
Strike 8700 has a total call value of 19,665,625,000 versus a total put value of 1,308,750,000 Combined total value = 20,974,375,000
Strike 8750 has a total call value of 23,379,375,000 versus a total put value of 905,000,000 Combined total value = 24,284,375,000
Strike 8800 has a total call value of 27,282,500,000 versus a total put value of 525,625,000 Combined total value = 27,808,125,000
Strike 8850 has a total call value of 32,074,375,000 versus a total put value of 298,750,000 Combined total value = 32,373,125,000
Strike 8900 has a total call value of 36,995,000,000 versus a total put value of 124,375,000 Combined total value = 37,119,375,000
Strike 8950 has a total call value of 42,516,875,000 versus a total put value of 51,250,000 Combined total value = 42,568,125,000
Strike 9000 has a total call value of 48,892,500,000 versus a total put value of 0 Combined total value = 48,892,500,000
Strike 9050 has a total call value of 57,199,375,000 versus a total put value of 0 Combined total value = 57,199,375,000
Strike 9100 has a total call value of 65,596,875,000 versus a total put value of 0 Combined total value = 65,596,875,000
Strike 9150 has a total call value of 74,321,250,000 versus a total put value of 0 Combined total value = 74,321,250,000
Strike 9200 has a total call value of 83,106,875,000 versus a total put value of 0 Combined total value = 83,106,875,000
Strike 9250 has a total call value of 92,356,875,000 versus a total put value of 0 Combined total value = 92,356,875,000
Strike 9300 has a total call value of 101,643,750,000 versus a total put value of 0 Combined total value = 101,643,750,000
Strike 9350 has a total call value of 111,144,375,000 versus a total put value of 0 Combined total value = 111,144,375,000
Strike 9400 has a total call value of 120,656,250,000 versus a total put value of 0 Combined total value = 120,656,250,000
Strike 9450 has a total call value of 130,403,750,000 versus a total put value of 0 Combined total value = 130,403,750,000
Strike 9500 has a total call value of 140,166,250,000 versus a total put value of 0 Combined total value = 140,166,250,000
Strike 9550 has a total call value of 150,946,250,000 versus a total put value of 0 Combined total value = 150,946,250,000
Strike 9600 has a total call value of 161,726,250,000 versus a total put value of 0 Combined total value = 161,726,250,000
Strike 9650 has a total call value of 172,892,500,000 versus a total put value of 0 Combined total value = 172,892,500,000
Strike 9700 has a total call value of 184,058,750,000 versus a total put value of 0 Combined total value = 184,058,750,000
Strike 9750 has a total call value of 195,741,250,000 versus a total put value of 0 Combined total value = 195,741,250,000
Strike 9800 has a total call value of 207,423,750,000 versus a total put value of 0 Combined total value = 207,423,750,000
Strike 9850 has a total call value of 219,205,000,000 versus a total put value of 0 Combined total value = 219,205,000,000
Strike 9900 has a total call value of 230,986,250,000 versus a total put value of 0 Combined total value = 230,986,250,000
Strike 9950 has a total call value of 242,820,625,000 versus a total put value of 0 Combined total value = 242,820,625,000
Strike 10000 has a total call value of 254,655,000,000 versus a total put value of 0 Combined total value = 254,655,000,000
Max Pain - Choose a symbol
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E
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O
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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.