BAJFINANCE
BAJAJ FINANCE LIMITED
Max pain for BAJFINANCE
28 Mar 2024 03:53 PM IST
Max Pain for BAJFINANCE is 7100
Strike 5500 has a total call value of 0 versus a total put value of 193,227,500,000 Combined total value = 193,227,500,000
Strike 5550 has a total call value of 3,750,000 versus a total put value of 185,620,625,000 Combined total value = 185,624,375,000
Strike 5600 has a total call value of 7,500,000 versus a total put value of 178,013,750,000 Combined total value = 178,021,250,000
Strike 5650 has a total call value of 11,250,000 versus a total put value of 170,406,875,000 Combined total value = 170,418,125,000
Strike 5700 has a total call value of 15,000,000 versus a total put value of 162,800,000,000 Combined total value = 162,815,000,000
Strike 5750 has a total call value of 18,750,000 versus a total put value of 155,193,125,000 Combined total value = 155,211,875,000
Strike 5800 has a total call value of 22,500,000 versus a total put value of 147,586,250,000 Combined total value = 147,608,750,000
Strike 5850 has a total call value of 26,250,000 versus a total put value of 140,301,875,000 Combined total value = 140,328,125,000
Strike 5900 has a total call value of 30,000,000 versus a total put value of 133,017,500,000 Combined total value = 133,047,500,000
Strike 5950 has a total call value of 33,750,000 versus a total put value of 125,733,125,000 Combined total value = 125,766,875,000
Strike 6000 has a total call value of 37,500,000 versus a total put value of 118,448,750,000 Combined total value = 118,486,250,000
Strike 6050 has a total call value of 75,625,000 versus a total put value of 111,694,375,000 Combined total value = 111,770,000,000
Strike 6100 has a total call value of 113,750,000 versus a total put value of 104,940,000,000 Combined total value = 105,053,750,000
Strike 6150 has a total call value of 151,875,000 versus a total put value of 98,434,375,000 Combined total value = 98,586,250,000
Strike 6200 has a total call value of 190,000,000 versus a total put value of 91,928,750,000 Combined total value = 92,118,750,000
Strike 6250 has a total call value of 228,125,000 versus a total put value of 85,592,500,000 Combined total value = 85,820,625,000
Strike 6300 has a total call value of 266,250,000 versus a total put value of 79,256,250,000 Combined total value = 79,522,500,000
Strike 6350 has a total call value of 316,250,000 versus a total put value of 73,300,000,000 Combined total value = 73,616,250,000
Strike 6400 has a total call value of 366,250,000 versus a total put value of 67,345,625,000 Combined total value = 67,711,875,000
Strike 6450 has a total call value of 497,500,000 versus a total put value of 61,536,875,000 Combined total value = 62,034,375,000
Strike 6500 has a total call value of 670,000,000 versus a total put value of 55,740,000,000 Combined total value = 56,410,000,000
Strike 6550 has a total call value of 988,125,000 versus a total put value of 50,626,875,000 Combined total value = 51,615,000,000
Strike 6600 has a total call value of 1,306,250,000 versus a total put value of 45,533,750,000 Combined total value = 46,840,000,000
Strike 6650 has a total call value of 1,693,750,000 versus a total put value of 40,688,125,000 Combined total value = 42,381,875,000
Strike 6700 has a total call value of 2,081,250,000 versus a total put value of 35,951,250,000 Combined total value = 38,032,500,000
Strike 6750 has a total call value of 2,567,500,000 versus a total put value of 31,436,250,000 Combined total value = 34,003,750,000
Strike 6800 has a total call value of 3,088,125,000 versus a total put value of 26,954,375,000 Combined total value = 30,042,500,000
Strike 6850 has a total call value of 3,743,750,000 versus a total put value of 23,151,250,000 Combined total value = 26,895,000,000
Strike 6900 has a total call value of 4,448,125,000 versus a total put value of 19,399,375,000 Combined total value = 23,847,500,000
Strike 6950 has a total call value of 5,295,000,000 versus a total put value of 16,112,500,000 Combined total value = 21,407,500,000
Strike 7000 has a total call value of 6,171,875,000 versus a total put value of 12,981,250,000 Combined total value = 19,153,125,000
Strike 7050 has a total call value of 7,894,375,000 versus a total put value of 11,020,000,000 Combined total value = 18,914,375,000
Strike 7100 has a total call value of 9,677,500,000 versus a total put value of 9,125,000,000 Combined total value = 18,802,500,000
Strike 7150 has a total call value of 11,758,125,000 versus a total put value of 7,496,875,000 Combined total value = 19,255,000,000
Strike 7200 has a total call value of 13,921,875,000 versus a total put value of 5,944,375,000 Combined total value = 19,866,250,000
Strike 7250 has a total call value of 16,612,500,000 versus a total put value of 4,929,375,000 Combined total value = 21,541,875,000
Strike 7300 has a total call value of 19,410,000,000 versus a total put value of 4,041,875,000 Combined total value = 23,451,875,000
Strike 7350 has a total call value of 22,942,500,000 versus a total put value of 3,410,625,000 Combined total value = 26,353,125,000
Strike 7400 has a total call value of 26,601,875,000 versus a total put value of 2,836,875,000 Combined total value = 29,438,750,000
Strike 7450 has a total call value of 30,781,875,000 versus a total put value of 2,368,750,000 Combined total value = 33,150,625,000
Strike 7500 has a total call value of 35,028,750,000 versus a total put value of 1,911,250,000 Combined total value = 36,940,000,000
Strike 7550 has a total call value of 40,491,250,000 versus a total put value of 1,681,250,000 Combined total value = 42,172,500,000
Strike 7600 has a total call value of 45,976,250,000 versus a total put value of 1,453,750,000 Combined total value = 47,430,000,000
Strike 7650 has a total call value of 51,778,750,000 versus a total put value of 1,242,500,000 Combined total value = 53,021,250,000
Strike 7700 has a total call value of 57,581,250,000 versus a total put value of 1,031,250,000 Combined total value = 58,612,500,000
Strike 7750 has a total call value of 63,789,375,000 versus a total put value of 840,625,000 Combined total value = 64,630,000,000
Strike 7800 has a total call value of 69,997,500,000 versus a total put value of 650,000,000 Combined total value = 70,647,500,000
Strike 7850 has a total call value of 76,741,875,000 versus a total put value of 480,000,000 Combined total value = 77,221,875,000
Strike 7900 has a total call value of 83,486,250,000 versus a total put value of 310,000,000 Combined total value = 83,796,250,000
Strike 7950 has a total call value of 90,588,125,000 versus a total put value of 160,625,000 Combined total value = 90,748,750,000
Strike 8000 has a total call value of 97,690,000,000 versus a total put value of 11,250,000 Combined total value = 97,701,250,000
Strike 8050 has a total call value of 105,805,625,000 versus a total put value of 5,625,000 Combined total value = 105,811,250,000
Strike 8100 has a total call value of 113,921,250,000 versus a total put value of 0 Combined total value = 113,921,250,000
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.