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BAJFINANCE
BAJAJ FINANCE LIMITED

6571.45 76.10 (1.17%)


Strike  5500  has a total call value of 0  versus a total put value of  194,803,125,000 Combined total value = 194,803,125,000

Strike  5550  has a total call value of 0  versus a total put value of  184,469,375,000 Combined total value = 184,469,375,000

Strike  5600  has a total call value of 0  versus a total put value of  174,135,625,000 Combined total value = 174,135,625,000

Strike  5650  has a total call value of 0  versus a total put value of  163,819,375,000 Combined total value = 163,819,375,000

Strike  5700  has a total call value of 0  versus a total put value of  153,503,125,000 Combined total value = 153,503,125,000

Strike  5750  has a total call value of 0  versus a total put value of  143,304,375,000 Combined total value = 143,304,375,000

Strike  5800  has a total call value of 0  versus a total put value of  133,105,625,000 Combined total value = 133,105,625,000

Strike  5850  has a total call value of 0  versus a total put value of  123,277,500,000 Combined total value = 123,277,500,000

Strike  5900  has a total call value of 0  versus a total put value of  113,498,125,000 Combined total value = 113,498,125,000

Strike  5950  has a total call value of 0  versus a total put value of  103,884,375,000 Combined total value = 103,884,375,000

Strike  6000  has a total call value of 0  versus a total put value of  94,324,375,000 Combined total value = 94,324,375,000

Strike  6050  has a total call value of 43,125,000  versus a total put value of  86,970,000,000 Combined total value = 87,013,125,000

Strike  6100  has a total call value of 86,250,000  versus a total put value of  79,687,500,000 Combined total value = 79,773,750,000

Strike  6150  has a total call value of 129,375,000  versus a total put value of  72,785,000,000 Combined total value = 72,914,375,000

Strike  6200  has a total call value of 172,500,000  versus a total put value of  66,001,875,000 Combined total value = 66,174,375,000

Strike  6250  has a total call value of 271,875,000  versus a total put value of  59,760,625,000 Combined total value = 60,032,500,000

Strike  6300  has a total call value of 384,375,000  versus a total put value of  53,583,750,000 Combined total value = 53,968,125,000

Strike  6350  has a total call value of 531,250,000  versus a total put value of  47,993,750,000 Combined total value = 48,525,000,000

Strike  6400  has a total call value of 692,500,000  versus a total put value of  42,471,250,000 Combined total value = 43,163,750,000

Strike  6450  has a total call value of 945,000,000  versus a total put value of  37,466,875,000 Combined total value = 38,411,875,000

Strike  6500  has a total call value of 1,224,375,000  versus a total put value of  32,613,750,000 Combined total value = 33,838,125,000

Strike  6550  has a total call value of 2,145,625,000  versus a total put value of  29,091,875,000 Combined total value = 31,237,500,000

Strike  6600  has a total call value of 3,341,875,000  versus a total put value of  25,711,250,000 Combined total value = 29,053,125,000

Strike  6650  has a total call value of 6,057,500,000  versus a total put value of  22,916,250,000 Combined total value = 28,973,750,000

Strike  6700  has a total call value of 8,936,250,000  versus a total put value of  20,191,875,000 Combined total value = 29,128,125,000

Strike  6750  has a total call value of 13,266,875,000  versus a total put value of  17,936,875,000 Combined total value = 31,203,750,000

Strike  6800  has a total call value of 17,734,375,000  versus a total put value of  15,735,000,000 Combined total value = 33,469,375,000

Strike  6850  has a total call value of 23,666,250,000  versus a total put value of  13,921,875,000 Combined total value = 37,588,125,000

Strike  6900  has a total call value of 29,743,125,000  versus a total put value of  12,131,250,000 Combined total value = 41,874,375,000

Strike  6950  has a total call value of 36,425,625,000  versus a total put value of  10,483,125,000 Combined total value = 46,908,750,000

Strike  7000  has a total call value of 43,243,750,000  versus a total put value of  8,853,125,000 Combined total value = 52,096,875,000

Strike  7050  has a total call value of 54,023,125,000  versus a total put value of  7,935,000,000 Combined total value = 61,958,125,000

Strike  7100  has a total call value of 64,877,500,000  versus a total put value of  7,017,500,000 Combined total value = 71,895,000,000

Strike  7150  has a total call value of 76,541,250,000  versus a total put value of  6,216,875,000 Combined total value = 82,758,125,000

Strike  7200  has a total call value of 88,227,500,000  versus a total put value of  5,416,250,000 Combined total value = 93,643,750,000

Strike  7250  has a total call value of 100,823,125,000  versus a total put value of  4,768,750,000 Combined total value = 105,591,875,000

Strike  7300  has a total call value of 113,467,500,000  versus a total put value of  4,121,250,000 Combined total value = 117,588,750,000

Strike  7350  has a total call value of 127,518,750,000  versus a total put value of  3,580,000,000 Combined total value = 131,098,750,000

Strike  7400  has a total call value of 141,603,125,000  versus a total put value of  3,038,750,000 Combined total value = 144,641,875,000

Strike  7450  has a total call value of 156,000,000,000  versus a total put value of  2,497,500,000 Combined total value = 158,497,500,000

Strike  7500  has a total call value of 170,420,000,000  versus a total put value of  1,956,250,000 Combined total value = 172,376,250,000

Strike  7550  has a total call value of 186,297,500,000  versus a total put value of  1,760,625,000 Combined total value = 188,058,125,000

Strike  7600  has a total call value of 202,175,000,000  versus a total put value of  1,565,000,000 Combined total value = 203,740,000,000

Strike  7650  has a total call value of 218,150,000,000  versus a total put value of  1,369,375,000 Combined total value = 219,519,375,000

Strike  7700  has a total call value of 234,125,000,000  versus a total put value of  1,173,750,000 Combined total value = 235,298,750,000

Strike  7750  has a total call value of 250,203,125,000  versus a total put value of  978,125,000 Combined total value = 251,181,250,000

Strike  7800  has a total call value of 266,281,250,000  versus a total put value of  782,500,000 Combined total value = 267,063,750,000

Strike  7850  has a total call value of 282,404,375,000  versus a total put value of  586,875,000 Combined total value = 282,991,250,000

Strike  7900  has a total call value of 298,527,500,000  versus a total put value of  391,250,000 Combined total value = 298,918,750,000

Strike  7950  has a total call value of 314,660,000,000  versus a total put value of  195,625,000 Combined total value = 314,855,625,000

Strike  8000  has a total call value of 330,792,500,000  versus a total put value of  0 Combined total value = 330,792,500,000

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.