BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
06 Sep 2024 04:13 PM IST
Max Pain for BANKBARODA is 250
Strike 195 has a total call value of 0 versus a total put value of 174,186,675,000 Combined total value = 174,186,675,000
Strike 200 has a total call value of 0 versus a total put value of 155,702,137,500 Combined total value = 155,702,137,500
Strike 205 has a total call value of 39,487,500 versus a total put value of 137,401,875,000 Combined total value = 137,441,362,500
Strike 210 has a total call value of 78,975,000 versus a total put value of 119,101,612,500 Combined total value = 119,180,587,500
Strike 215 has a total call value of 118,462,500 versus a total put value of 101,314,687,500 Combined total value = 101,433,150,000
Strike 220 has a total call value of 166,725,000 versus a total put value of 83,814,412,500 Combined total value = 83,981,137,500
Strike 225 has a total call value of 282,262,500 versus a total put value of 67,163,850,000 Combined total value = 67,446,112,500
Strike 230 has a total call value of 425,587,500 versus a total put value of 51,174,337,500 Combined total value = 51,599,925,000
Strike 235 has a total call value of 962,325,000 versus a total put value of 37,583,325,000 Combined total value = 38,545,650,000
Strike 240 has a total call value of 1,911,487,500 versus a total put value of 25,067,250,000 Combined total value = 26,978,737,500
Strike 242.4 has a total call value of 3,434,125,500 versus a total put value of 20,636,226,000 Combined total value = 24,070,351,500
Strike 245 has a total call value of 5,083,650,000 versus a total put value of 15,931,012,500 Combined total value = 21,014,662,500
Strike 250 has a total call value of 10,554,862,500 versus a total put value of 9,049,950,000 Combined total value = 19,604,812,500
Strike 255 has a total call value of 22,213,912,500 versus a total put value of 5,332,275,000 Combined total value = 27,546,187,500
Strike 260 has a total call value of 37,170,900,000 versus a total put value of 2,591,550,000 Combined total value = 39,762,450,000
Strike 265 has a total call value of 57,150,112,500 versus a total put value of 1,768,162,500 Combined total value = 58,918,275,000
Strike 270 has a total call value of 78,498,225,000 versus a total put value of 1,189,012,500 Combined total value = 79,687,237,500
Strike 275 has a total call value of 101,746,125,000 versus a total put value of 914,062,500 Combined total value = 102,660,187,500
Strike 280 has a total call value of 125,736,975,000 versus a total put value of 731,250,000 Combined total value = 126,468,225,000
Strike 285 has a total call value of 150,853,950,000 versus a total put value of 548,437,500 Combined total value = 151,402,387,500
Strike 290 has a total call value of 176,073,300,000 versus a total put value of 365,625,000 Combined total value = 176,438,925,000
Strike 295 has a total call value of 201,656,812,500 versus a total put value of 182,812,500 Combined total value = 201,839,625,000
Strike 300 has a total call value of 227,240,325,000 versus a total put value of 0 Combined total value = 227,240,325,000
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.