BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
11 Oct 2024 11:04 AM IST
Max Pain for BANKBARODA is 250
Strike 200 has a total call value of 0 versus a total put value of 135,601,537,500 Combined total value = 135,601,537,500
Strike 202.5 has a total call value of 0 versus a total put value of 127,353,768,750 Combined total value = 127,353,768,750
Strike 205 has a total call value of 0 versus a total put value of 119,106,000,000 Combined total value = 119,106,000,000
Strike 207.5 has a total call value of 0 versus a total put value of 110,858,231,250 Combined total value = 110,858,231,250
Strike 210 has a total call value of 0 versus a total put value of 102,610,462,500 Combined total value = 102,610,462,500
Strike 212.5 has a total call value of 0 versus a total put value of 94,555,743,750 Combined total value = 94,555,743,750
Strike 215 has a total call value of 0 versus a total put value of 86,501,025,000 Combined total value = 86,501,025,000
Strike 217.5 has a total call value of 0 versus a total put value of 78,600,600,000 Combined total value = 78,600,600,000
Strike 220 has a total call value of 0 versus a total put value of 70,718,456,250 Combined total value = 70,718,456,250
Strike 222.5 has a total call value of 61,425,000 versus a total put value of 63,509,793,750 Combined total value = 63,571,218,750
Strike 225 has a total call value of 122,850,000 versus a total put value of 56,342,812,500 Combined total value = 56,465,662,500
Strike 227.5 has a total call value of 184,275,000 versus a total put value of 49,460,287,500 Combined total value = 49,644,562,500
Strike 230 has a total call value of 255,937,500 versus a total put value of 42,628,950,000 Combined total value = 42,884,887,500
Strike 232.5 has a total call value of 424,125,000 versus a total put value of 36,562,500,000 Combined total value = 36,986,625,000
Strike 235 has a total call value of 623,025,000 versus a total put value of 30,600,618,750 Combined total value = 31,223,643,750
Strike 237.5 has a total call value of 955,012,500 versus a total put value of 25,195,218,750 Combined total value = 26,150,231,250
Strike 240 has a total call value of 1,312,593,750 versus a total put value of 19,854,900,000 Combined total value = 21,167,493,750
Strike 242.5 has a total call value of 2,193,750,000 versus a total put value of 15,887,137,500 Combined total value = 18,080,887,500
Strike 245 has a total call value of 3,149,493,750 versus a total put value of 12,107,306,250 Combined total value = 15,256,800,000
Strike 247.5 has a total call value of 4,970,306,250 versus a total put value of 9,043,368,750 Combined total value = 14,013,675,000
Strike 250 has a total call value of 6,991,481,250 versus a total put value of 6,162,243,750 Combined total value = 13,153,725,000
Strike 252.5 has a total call value of 11,748,262,500 versus a total put value of 4,488,412,500 Combined total value = 16,236,675,000
Strike 255 has a total call value of 16,822,406,250 versus a total put value of 2,982,768,750 Combined total value = 19,805,175,000
Strike 257.5 has a total call value of 23,042,418,750 versus a total put value of 1,841,287,500 Combined total value = 24,883,706,250
Strike 260 has a total call value of 29,418,918,750 versus a total put value of 773,662,500 Combined total value = 30,192,581,250
Strike 262.5 has a total call value of 37,578,937,500 versus a total put value of 508,218,750 Combined total value = 38,087,156,250
Strike 265 has a total call value of 45,865,462,500 versus a total put value of 282,993,750 Combined total value = 46,148,456,250
Strike 267.5 has a total call value of 54,640,462,500 versus a total put value of 122,850,000 Combined total value = 54,763,312,500
Strike 270 has a total call value of 63,510,525,000 versus a total put value of 0 Combined total value = 63,510,525,000
Strike 272.5 has a total call value of 73,195,200,000 versus a total put value of 0 Combined total value = 73,195,200,000
Strike 275 has a total call value of 82,928,137,500 versus a total put value of 0 Combined total value = 82,928,137,500
Strike 277.5 has a total call value of 92,888,493,750 versus a total put value of 0 Combined total value = 92,888,493,750
Strike 280 has a total call value of 102,848,850,000 versus a total put value of 0 Combined total value = 102,848,850,000
Strike 282.5 has a total call value of 113,164,593,750 versus a total put value of 0 Combined total value = 113,164,593,750
Strike 285 has a total call value of 123,480,337,500 versus a total put value of 0 Combined total value = 123,480,337,500
Strike 287.5 has a total call value of 133,896,993,750 versus a total put value of 0 Combined total value = 133,896,993,750
Strike 290 has a total call value of 144,313,650,000 versus a total put value of 0 Combined total value = 144,313,650,000
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.