BAJAJ-AUTO
BAJAJ AUTO LIMITED
Max pain for BAJAJ-AUTO
28 Mar 2024 02:31 PM IST
Max Pain for BAJAJ-AUTO is 8800
Strike 5700 has a total call value of 0 versus a total put value of 234,291,250,000 Combined total value = 234,291,250,000
Strike 5750 has a total call value of 17,500,000 versus a total put value of 229,868,750,000 Combined total value = 229,886,250,000
Strike 5800 has a total call value of 35,625,000 versus a total put value of 225,446,250,000 Combined total value = 225,481,875,000
Strike 5850 has a total call value of 54,375,000 versus a total put value of 221,023,750,000 Combined total value = 221,078,125,000
Strike 5900 has a total call value of 73,125,000 versus a total put value of 216,601,250,000 Combined total value = 216,674,375,000
Strike 5950 has a total call value of 91,875,000 versus a total put value of 212,178,750,000 Combined total value = 212,270,625,000
Strike 6000 has a total call value of 110,625,000 versus a total put value of 207,756,250,000 Combined total value = 207,866,875,000
Strike 6050 has a total call value of 132,500,000 versus a total put value of 203,338,750,000 Combined total value = 203,471,250,000
Strike 6100 has a total call value of 154,375,000 versus a total put value of 198,921,250,000 Combined total value = 199,075,625,000
Strike 6150 has a total call value of 176,250,000 versus a total put value of 194,503,750,000 Combined total value = 194,680,000,000
Strike 6200 has a total call value of 198,125,000 versus a total put value of 190,086,250,000 Combined total value = 190,284,375,000
Strike 6250 has a total call value of 220,000,000 versus a total put value of 185,668,750,000 Combined total value = 185,888,750,000
Strike 6300 has a total call value of 241,875,000 versus a total put value of 181,251,250,000 Combined total value = 181,493,125,000
Strike 6350 has a total call value of 263,750,000 versus a total put value of 176,833,750,000 Combined total value = 177,097,500,000
Strike 6400 has a total call value of 285,625,000 versus a total put value of 172,416,250,000 Combined total value = 172,701,875,000
Strike 6450 has a total call value of 307,500,000 versus a total put value of 167,998,750,000 Combined total value = 168,306,250,000
Strike 6500 has a total call value of 329,375,000 versus a total put value of 163,581,250,000 Combined total value = 163,910,625,000
Strike 6550 has a total call value of 351,875,000 versus a total put value of 159,163,750,000 Combined total value = 159,515,625,000
Strike 6600 has a total call value of 374,375,000 versus a total put value of 154,746,250,000 Combined total value = 155,120,625,000
Strike 6650 has a total call value of 396,875,000 versus a total put value of 150,328,750,000 Combined total value = 150,725,625,000
Strike 6700 has a total call value of 419,375,000 versus a total put value of 145,911,250,000 Combined total value = 146,330,625,000
Strike 6750 has a total call value of 441,875,000 versus a total put value of 141,493,750,000 Combined total value = 141,935,625,000
Strike 6800 has a total call value of 464,375,000 versus a total put value of 137,076,250,000 Combined total value = 137,540,625,000
Strike 6850 has a total call value of 486,875,000 versus a total put value of 132,666,875,000 Combined total value = 133,153,750,000
Strike 6900 has a total call value of 509,375,000 versus a total put value of 128,257,500,000 Combined total value = 128,766,875,000
Strike 6950 has a total call value of 531,875,000 versus a total put value of 123,853,750,000 Combined total value = 124,385,625,000
Strike 7000 has a total call value of 554,375,000 versus a total put value of 119,450,000,000 Combined total value = 120,004,375,000
Strike 7050 has a total call value of 610,000,000 versus a total put value of 115,239,375,000 Combined total value = 115,849,375,000
Strike 7100 has a total call value of 665,625,000 versus a total put value of 111,028,750,000 Combined total value = 111,694,375,000
Strike 7150 has a total call value of 721,250,000 versus a total put value of 106,818,125,000 Combined total value = 107,539,375,000
Strike 7200 has a total call value of 776,875,000 versus a total put value of 102,607,500,000 Combined total value = 103,384,375,000
Strike 7250 has a total call value of 870,625,000 versus a total put value of 98,450,000,000 Combined total value = 99,320,625,000
Strike 7300 has a total call value of 964,375,000 versus a total put value of 94,292,500,000 Combined total value = 95,256,875,000
Strike 7350 has a total call value of 1,058,125,000 versus a total put value of 90,183,125,000 Combined total value = 91,241,250,000
Strike 7400 has a total call value of 1,151,875,000 versus a total put value of 86,078,750,000 Combined total value = 87,230,625,000
Strike 7450 has a total call value of 1,245,625,000 versus a total put value of 82,054,375,000 Combined total value = 83,300,000,000
Strike 7500 has a total call value of 1,339,375,000 versus a total put value of 78,030,000,000 Combined total value = 79,369,375,000
Strike 7550 has a total call value of 1,485,000,000 versus a total put value of 74,128,750,000 Combined total value = 75,613,750,000
Strike 7600 has a total call value of 1,630,625,000 versus a total put value of 70,245,000,000 Combined total value = 71,875,625,000
Strike 7650 has a total call value of 1,808,750,000 versus a total put value of 66,443,125,000 Combined total value = 68,251,875,000
Strike 7700 has a total call value of 1,986,875,000 versus a total put value of 62,675,000,000 Combined total value = 64,661,875,000
Strike 7750 has a total call value of 2,185,625,000 versus a total put value of 59,036,250,000 Combined total value = 61,221,875,000
Strike 7800 has a total call value of 2,384,375,000 versus a total put value of 55,397,500,000 Combined total value = 57,781,875,000
Strike 7850 has a total call value of 2,605,625,000 versus a total put value of 51,896,875,000 Combined total value = 54,502,500,000
Strike 7900 has a total call value of 2,830,000,000 versus a total put value of 48,410,625,000 Combined total value = 51,240,625,000
Strike 7950 has a total call value of 3,072,500,000 versus a total put value of 44,995,625,000 Combined total value = 48,068,125,000
Strike 8000 has a total call value of 3,315,000,000 versus a total put value of 41,632,500,000 Combined total value = 44,947,500,000
Strike 8050 has a total call value of 3,613,750,000 versus a total put value of 38,700,000,000 Combined total value = 42,313,750,000
Strike 8100 has a total call value of 3,930,625,000 versus a total put value of 35,790,000,000 Combined total value = 39,720,625,000
Strike 8150 has a total call value of 4,300,625,000 versus a total put value of 32,960,000,000 Combined total value = 37,260,625,000
Strike 8200 has a total call value of 4,688,750,000 versus a total put value of 30,142,500,000 Combined total value = 34,831,250,000
Strike 8250 has a total call value of 5,161,875,000 versus a total put value of 27,450,000,000 Combined total value = 32,611,875,000
Strike 8300 has a total call value of 5,661,250,000 versus a total put value of 24,783,750,000 Combined total value = 30,445,000,000
Strike 8350 has a total call value of 6,228,750,000 versus a total put value of 22,224,375,000 Combined total value = 28,453,125,000
Strike 8400 has a total call value of 6,825,625,000 versus a total put value of 19,684,375,000 Combined total value = 26,510,000,000
Strike 8450 has a total call value of 7,513,125,000 versus a total put value of 17,342,500,000 Combined total value = 24,855,625,000
Strike 8500 has a total call value of 8,227,500,000 versus a total put value of 15,040,625,000 Combined total value = 23,268,125,000
Strike 8550 has a total call value of 9,068,125,000 versus a total put value of 12,926,250,000 Combined total value = 21,994,375,000
Strike 8600 has a total call value of 9,965,625,000 versus a total put value of 10,868,750,000 Combined total value = 20,834,375,000
Strike 8650 has a total call value of 10,948,750,000 versus a total put value of 9,006,250,000 Combined total value = 19,955,000,000
Strike 8700 has a total call value of 11,969,375,000 versus a total put value of 7,252,500,000 Combined total value = 19,221,875,000
Strike 8750 has a total call value of 13,060,625,000 versus a total put value of 5,690,625,000 Combined total value = 18,751,250,000
Strike 8800 has a total call value of 14,177,500,000 versus a total put value of 4,347,500,000 Combined total value = 18,525,000,000
Strike 8850 has a total call value of 15,391,250,000 versus a total put value of 3,198,750,000 Combined total value = 18,590,000,000
Strike 8900 has a total call value of 16,629,375,000 versus a total put value of 2,193,125,000 Combined total value = 18,822,500,000
Strike 8950 has a total call value of 17,926,250,000 versus a total put value of 1,549,375,000 Combined total value = 19,475,625,000
Strike 9000 has a total call value of 19,288,750,000 versus a total put value of 1,043,750,000 Combined total value = 20,332,500,000
Strike 9050 has a total call value of 20,779,375,000 versus a total put value of 756,250,000 Combined total value = 21,535,625,000
Strike 9100 has a total call value of 22,316,875,000 versus a total put value of 507,500,000 Combined total value = 22,824,375,000
Strike 9150 has a total call value of 23,908,750,000 versus a total put value of 312,500,000 Combined total value = 24,221,250,000
Strike 9200 has a total call value of 25,538,750,000 versus a total put value of 148,750,000 Combined total value = 25,687,500,000
Strike 9250 has a total call value of 27,288,125,000 versus a total put value of 75,625,000 Combined total value = 27,363,750,000
Strike 9300 has a total call value of 29,082,500,000 versus a total put value of 17,500,000 Combined total value = 29,100,000,000
Strike 9350 has a total call value of 31,040,000,000 versus a total put value of 16,250,000 Combined total value = 31,056,250,000
Strike 9400 has a total call value of 33,022,500,000 versus a total put value of 15,000,000 Combined total value = 33,037,500,000
Strike 9450 has a total call value of 35,106,875,000 versus a total put value of 13,750,000 Combined total value = 35,120,625,000
Strike 9500 has a total call value of 37,221,250,000 versus a total put value of 12,500,000 Combined total value = 37,233,750,000
Strike 9550 has a total call value of 39,610,000,000 versus a total put value of 11,250,000 Combined total value = 39,621,250,000
Strike 9600 has a total call value of 42,000,000,000 versus a total put value of 10,000,000 Combined total value = 42,010,000,000
Strike 9650 has a total call value of 44,635,625,000 versus a total put value of 8,750,000 Combined total value = 44,644,375,000
Strike 9700 has a total call value of 47,271,250,000 versus a total put value of 7,500,000 Combined total value = 47,278,750,000
Strike 9750 has a total call value of 50,011,875,000 versus a total put value of 6,250,000 Combined total value = 50,018,125,000
Strike 9800 has a total call value of 52,752,500,000 versus a total put value of 5,000,000 Combined total value = 52,757,500,000
Strike 9850 has a total call value of 55,538,750,000 versus a total put value of 3,750,000 Combined total value = 55,542,500,000
Strike 9900 has a total call value of 58,325,000,000 versus a total put value of 2,500,000 Combined total value = 58,327,500,000
Strike 9950 has a total call value of 61,161,875,000 versus a total put value of 1,250,000 Combined total value = 61,163,125,000
Strike 10000 has a total call value of 63,998,750,000 versus a total put value of 0 Combined total value = 63,998,750,000
Strike 10050 has a total call value of 67,414,375,000 versus a total put value of 0 Combined total value = 67,414,375,000
Strike 10100 has a total call value of 70,830,000,000 versus a total put value of 0 Combined total value = 70,830,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.