BAJAJ-AUTO
BAJAJ AUTO LIMITED
Max pain for BAJAJ-AUTO
19 Apr 2024 04:15 PM IST
Max Pain for BAJAJ-AUTO is 8950
Strike 7000 has a total call value of 0 versus a total put value of 242,851,875,000 Combined total value = 242,851,875,000
Strike 7050 has a total call value of 0 versus a total put value of 235,326,250,000 Combined total value = 235,326,250,000
Strike 7100 has a total call value of 0 versus a total put value of 227,800,625,000 Combined total value = 227,800,625,000
Strike 7150 has a total call value of 0 versus a total put value of 220,275,000,000 Combined total value = 220,275,000,000
Strike 7200 has a total call value of 0 versus a total put value of 212,749,375,000 Combined total value = 212,749,375,000
Strike 7250 has a total call value of 0 versus a total put value of 205,225,000,000 Combined total value = 205,225,000,000
Strike 7300 has a total call value of 0 versus a total put value of 197,700,625,000 Combined total value = 197,700,625,000
Strike 7350 has a total call value of 0 versus a total put value of 190,176,250,000 Combined total value = 190,176,250,000
Strike 7400 has a total call value of 0 versus a total put value of 182,651,875,000 Combined total value = 182,651,875,000
Strike 7450 has a total call value of 0 versus a total put value of 175,127,500,000 Combined total value = 175,127,500,000
Strike 7500 has a total call value of 0 versus a total put value of 167,603,125,000 Combined total value = 167,603,125,000
Strike 7550 has a total call value of 0 versus a total put value of 160,110,000,000 Combined total value = 160,110,000,000
Strike 7600 has a total call value of 0 versus a total put value of 152,616,875,000 Combined total value = 152,616,875,000
Strike 7650 has a total call value of 0 versus a total put value of 145,123,750,000 Combined total value = 145,123,750,000
Strike 7700 has a total call value of 0 versus a total put value of 137,630,625,000 Combined total value = 137,630,625,000
Strike 7750 has a total call value of 0 versus a total put value of 130,161,875,000 Combined total value = 130,161,875,000
Strike 7800 has a total call value of 0 versus a total put value of 122,693,125,000 Combined total value = 122,693,125,000
Strike 7850 has a total call value of 1,250,000 versus a total put value of 115,400,625,000 Combined total value = 115,401,875,000
Strike 7900 has a total call value of 2,500,000 versus a total put value of 108,108,125,000 Combined total value = 108,110,625,000
Strike 7950 has a total call value of 3,750,000 versus a total put value of 100,846,875,000 Combined total value = 100,850,625,000
Strike 8000 has a total call value of 5,000,000 versus a total put value of 93,585,625,000 Combined total value = 93,590,625,000
Strike 8050 has a total call value of 61,875,000 versus a total put value of 87,377,500,000 Combined total value = 87,439,375,000
Strike 8100 has a total call value of 118,750,000 versus a total put value of 81,169,375,000 Combined total value = 81,288,125,000
Strike 8150 has a total call value of 175,625,000 versus a total put value of 75,159,375,000 Combined total value = 75,335,000,000
Strike 8200 has a total call value of 232,500,000 versus a total put value of 69,165,000,000 Combined total value = 69,397,500,000
Strike 8250 has a total call value of 301,875,000 versus a total put value of 63,408,125,000 Combined total value = 63,710,000,000
Strike 8300 has a total call value of 371,250,000 versus a total put value of 57,665,625,000 Combined total value = 58,036,875,000
Strike 8350 has a total call value of 446,875,000 versus a total put value of 52,281,875,000 Combined total value = 52,728,750,000
Strike 8400 has a total call value of 522,500,000 versus a total put value of 46,967,500,000 Combined total value = 47,490,000,000
Strike 8450 has a total call value of 622,500,000 versus a total put value of 41,941,875,000 Combined total value = 42,564,375,000
Strike 8500 has a total call value of 722,500,000 versus a total put value of 36,941,875,000 Combined total value = 37,664,375,000
Strike 8550 has a total call value of 905,625,000 versus a total put value of 32,521,250,000 Combined total value = 33,426,875,000
Strike 8600 has a total call value of 1,090,000,000 versus a total put value of 28,100,625,000 Combined total value = 29,190,625,000
Strike 8650 has a total call value of 1,316,250,000 versus a total put value of 24,107,500,000 Combined total value = 25,423,750,000
Strike 8700 has a total call value of 1,553,750,000 versus a total put value of 20,206,250,000 Combined total value = 21,760,000,000
Strike 8750 has a total call value of 1,946,250,000 versus a total put value of 16,893,125,000 Combined total value = 18,839,375,000
Strike 8800 has a total call value of 2,430,000,000 versus a total put value of 13,707,500,000 Combined total value = 16,137,500,000
Strike 8850 has a total call value of 3,600,000,000 versus a total put value of 11,000,000,000 Combined total value = 14,600,000,000
Strike 8900 has a total call value of 4,770,000,000 versus a total put value of 8,364,375,000 Combined total value = 13,134,375,000
Strike 8950 has a total call value of 6,721,875,000 versus a total put value of 6,354,375,000 Combined total value = 13,076,250,000
Strike 9000 has a total call value of 8,830,000,000 versus a total put value of 4,396,250,000 Combined total value = 13,226,250,000
Strike 9050 has a total call value of 12,752,500,000 versus a total put value of 3,085,625,000 Combined total value = 15,838,125,000
Strike 9100 has a total call value of 16,918,125,000 versus a total put value of 1,863,750,000 Combined total value = 18,781,875,000
Strike 9150 has a total call value of 22,728,750,000 versus a total put value of 1,305,000,000 Combined total value = 24,033,750,000
Strike 9200 has a total call value of 28,931,250,000 versus a total put value of 821,250,000 Combined total value = 29,752,500,000
Strike 9250 has a total call value of 36,543,750,000 versus a total put value of 541,250,000 Combined total value = 37,085,000,000
Strike 9300 has a total call value of 44,360,625,000 versus a total put value of 306,250,000 Combined total value = 44,666,875,000
Strike 9350 has a total call value of 53,201,250,000 versus a total put value of 221,875,000 Combined total value = 53,423,125,000
Strike 9400 has a total call value of 62,200,000,000 versus a total put value of 137,500,000 Combined total value = 62,337,500,000
Strike 9450 has a total call value of 71,814,375,000 versus a total put value of 82,500,000 Combined total value = 71,896,875,000
Strike 9500 has a total call value of 81,676,875,000 versus a total put value of 27,500,000 Combined total value = 81,704,375,000
Strike 9550 has a total call value of 93,398,750,000 versus a total put value of 13,750,000 Combined total value = 93,412,500,000
Strike 9600 has a total call value of 105,245,000,000 versus a total put value of 0 Combined total value = 105,245,000,000
Strike 9650 has a total call value of 117,654,375,000 versus a total put value of 0 Combined total value = 117,654,375,000
Strike 9700 has a total call value of 130,133,125,000 versus a total put value of 0 Combined total value = 130,133,125,000
Strike 9750 has a total call value of 143,052,500,000 versus a total put value of 0 Combined total value = 143,052,500,000
Strike 9800 has a total call value of 155,998,125,000 versus a total put value of 0 Combined total value = 155,998,125,000
Strike 9900 has a total call value of 182,909,375,000 versus a total put value of 0 Combined total value = 182,909,375,000
Strike 10000 has a total call value of 210,420,625,000 versus a total put value of 0 Combined total value = 210,420,625,000
Strike 10100 has a total call value of 241,435,625,000 versus a total put value of 0 Combined total value = 241,435,625,000
Strike 10200 has a total call value of 272,718,125,000 versus a total put value of 0 Combined total value = 272,718,125,000
Strike 10300 has a total call value of 304,273,125,000 versus a total put value of 0 Combined total value = 304,273,125,000
Strike 10400 has a total call value of 336,108,125,000 versus a total put value of 0 Combined total value = 336,108,125,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.