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BAJAJ-AUTO
BAJAJ AUTO LIMITED

8436.95 -61.50 (-0.72%)


Strike  6200  has a total call value of 0  versus a total put value of  211,420,625,000 Combined total value = 211,420,625,000

Strike  6250  has a total call value of 0  versus a total put value of  204,703,125,000 Combined total value = 204,703,125,000

Strike  6300  has a total call value of 0  versus a total put value of  197,985,625,000 Combined total value = 197,985,625,000

Strike  6350  has a total call value of 0  versus a total put value of  191,268,125,000 Combined total value = 191,268,125,000

Strike  6400  has a total call value of 0  versus a total put value of  184,550,625,000 Combined total value = 184,550,625,000

Strike  6450  has a total call value of 0  versus a total put value of  177,833,125,000 Combined total value = 177,833,125,000

Strike  6500  has a total call value of 0  versus a total put value of  171,115,625,000 Combined total value = 171,115,625,000

Strike  6550  has a total call value of 0  versus a total put value of  164,604,375,000 Combined total value = 164,604,375,000

Strike  6600  has a total call value of 0  versus a total put value of  158,093,125,000 Combined total value = 158,093,125,000

Strike  6650  has a total call value of 0  versus a total put value of  151,651,875,000 Combined total value = 151,651,875,000

Strike  6700  has a total call value of 0  versus a total put value of  145,210,625,000 Combined total value = 145,210,625,000

Strike  6750  has a total call value of 0  versus a total put value of  138,860,625,000 Combined total value = 138,860,625,000

Strike  6800  has a total call value of 0  versus a total put value of  132,510,625,000 Combined total value = 132,510,625,000

Strike  6850  has a total call value of 15,625,000  versus a total put value of  126,271,875,000 Combined total value = 126,287,500,000

Strike  6900  has a total call value of 31,250,000  versus a total put value of  120,043,125,000 Combined total value = 120,074,375,000

Strike  6950  has a total call value of 46,875,000  versus a total put value of  113,814,375,000 Combined total value = 113,861,250,000

Strike  7000  has a total call value of 62,500,000  versus a total put value of  107,585,625,000 Combined total value = 107,648,125,000

Strike  7050  has a total call value of 167,500,000  versus a total put value of  101,642,500,000 Combined total value = 101,810,000,000

Strike  7100  has a total call value of 272,500,000  versus a total put value of  95,699,375,000 Combined total value = 95,971,875,000

Strike  7150  has a total call value of 407,500,000  versus a total put value of  89,836,875,000 Combined total value = 90,244,375,000

Strike  7200  has a total call value of 542,500,000  versus a total put value of  83,974,375,000 Combined total value = 84,516,875,000

Strike  7250  has a total call value of 745,625,000  versus a total put value of  78,293,750,000 Combined total value = 79,039,375,000

Strike  7300  has a total call value of 948,750,000  versus a total put value of  72,613,125,000 Combined total value = 73,561,875,000

Strike  7350  has a total call value of 1,151,875,000  versus a total put value of  67,080,000,000 Combined total value = 68,231,875,000

Strike  7400  has a total call value of 1,355,000,000  versus a total put value of  61,640,000,000 Combined total value = 62,995,000,000

Strike  7450  has a total call value of 1,558,125,000  versus a total put value of  56,424,375,000 Combined total value = 57,982,500,000

Strike  7500  has a total call value of 1,794,375,000  versus a total put value of  51,260,000,000 Combined total value = 53,054,375,000

Strike  7550  has a total call value of 2,190,000,000  versus a total put value of  46,703,750,000 Combined total value = 48,893,750,000

Strike  7600  has a total call value of 2,585,625,000  versus a total put value of  42,220,000,000 Combined total value = 44,805,625,000

Strike  7650  has a total call value of 3,044,375,000  versus a total put value of  37,919,375,000 Combined total value = 40,963,750,000

Strike  7700  has a total call value of 3,530,625,000  versus a total put value of  33,680,625,000 Combined total value = 37,211,250,000

Strike  7750  has a total call value of 4,120,625,000  versus a total put value of  29,794,375,000 Combined total value = 33,915,000,000

Strike  7800  has a total call value of 4,756,250,000  versus a total put value of  26,001,250,000 Combined total value = 30,757,500,000

Strike  7850  has a total call value of 5,468,750,000  versus a total put value of  22,722,500,000 Combined total value = 28,191,250,000

Strike  7900  has a total call value of 6,181,250,000  versus a total put value of  19,519,375,000 Combined total value = 25,700,625,000

Strike  7950  has a total call value of 6,985,625,000  versus a total put value of  16,547,500,000 Combined total value = 23,533,125,000

Strike  8000  has a total call value of 7,808,125,000  versus a total put value of  13,723,125,000 Combined total value = 21,531,250,000

Strike  8050  has a total call value of 9,069,375,000  versus a total put value of  11,508,750,000 Combined total value = 20,578,125,000

Strike  8100  has a total call value of 10,361,875,000  versus a total put value of  9,379,375,000 Combined total value = 19,741,250,000

Strike  8150  has a total call value of 11,766,250,000  versus a total put value of  7,507,500,000 Combined total value = 19,273,750,000

Strike  8200  has a total call value of 13,218,750,000  versus a total put value of  5,748,750,000 Combined total value = 18,967,500,000

Strike  8250  has a total call value of 14,919,375,000  versus a total put value of  4,338,750,000 Combined total value = 19,258,125,000

Strike  8300  has a total call value of 16,694,375,000  versus a total put value of  3,032,500,000 Combined total value = 19,726,875,000

Strike  8350  has a total call value of 18,837,500,000  versus a total put value of  2,021,875,000 Combined total value = 20,859,375,000

Strike  8400  has a total call value of 21,142,500,000  versus a total put value of  1,094,375,000 Combined total value = 22,236,875,000

Strike  8450  has a total call value of 24,198,750,000  versus a total put value of  662,500,000 Combined total value = 24,861,250,000

Strike  8500  has a total call value of 27,535,625,000  versus a total put value of  293,125,000 Combined total value = 27,828,750,000

Strike  8550  has a total call value of 32,545,000,000  versus a total put value of  159,375,000 Combined total value = 32,704,375,000

Strike  8600  has a total call value of 38,111,250,000  versus a total put value of  76,250,000 Combined total value = 38,187,500,000

Strike  8650  has a total call value of 44,793,125,000  versus a total put value of  59,375,000 Combined total value = 44,852,500,000

Strike  8700  has a total call value of 51,708,750,000  versus a total put value of  42,500,000 Combined total value = 51,751,250,000

Strike  8750  has a total call value of 59,517,500,000  versus a total put value of  25,625,000 Combined total value = 59,543,125,000

Strike  8800  has a total call value of 67,388,125,000  versus a total put value of  10,000,000 Combined total value = 67,398,125,000

Strike  8850  has a total call value of 75,966,875,000  versus a total put value of  7,500,000 Combined total value = 75,974,375,000

Strike  8900  has a total call value of 84,600,000,000  versus a total put value of  5,000,000 Combined total value = 84,605,000,000

Strike  8950  has a total call value of 93,632,500,000  versus a total put value of  2,500,000 Combined total value = 93,635,000,000

Strike  9000  has a total call value of 102,706,875,000  versus a total put value of  0 Combined total value = 102,706,875,000

Strike  9050  has a total call value of 113,143,125,000  versus a total put value of  0 Combined total value = 113,143,125,000

Strike  9100  has a total call value of 123,579,375,000  versus a total put value of  0 Combined total value = 123,579,375,000

Strike  9150  has a total call value of 134,383,125,000  versus a total put value of  0 Combined total value = 134,383,125,000

Strike  9200  has a total call value of 145,186,875,000  versus a total put value of  0 Combined total value = 145,186,875,000

Strike  9250  has a total call value of 156,806,875,000  versus a total put value of  0 Combined total value = 156,806,875,000

Strike  9300  has a total call value of 168,426,875,000  versus a total put value of  0 Combined total value = 168,426,875,000

Strike  9350  has a total call value of 180,445,625,000  versus a total put value of  0 Combined total value = 180,445,625,000

Strike  9400  has a total call value of 192,464,375,000  versus a total put value of  0 Combined total value = 192,464,375,000

Max Pain - Choose a symbol



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.