BANKBARODA
Bank Of Baroda
Max pain for BANKBARODA
17 Oct 2024 04:13 PM IST
Max Pain for BANKBARODA is 247.5
Strike 200 has a total call value of 0 versus a total put value of 140,144,062,500 Combined total value = 140,144,062,500
Strike 202.5 has a total call value of 0 versus a total put value of 131,679,843,750 Combined total value = 131,679,843,750
Strike 205 has a total call value of 0 versus a total put value of 123,215,625,000 Combined total value = 123,215,625,000
Strike 207.5 has a total call value of 0 versus a total put value of 114,751,406,250 Combined total value = 114,751,406,250
Strike 210 has a total call value of 0 versus a total put value of 106,287,187,500 Combined total value = 106,287,187,500
Strike 212.5 has a total call value of 0 versus a total put value of 97,995,543,750 Combined total value = 97,995,543,750
Strike 215 has a total call value of 0 versus a total put value of 89,703,900,000 Combined total value = 89,703,900,000
Strike 217.5 has a total call value of 0 versus a total put value of 81,587,025,000 Combined total value = 81,587,025,000
Strike 220 has a total call value of 0 versus a total put value of 73,481,850,000 Combined total value = 73,481,850,000
Strike 222.5 has a total call value of 61,425,000 versus a total put value of 65,963,137,500 Combined total value = 66,024,562,500
Strike 225 has a total call value of 127,968,750 versus a total put value of 58,491,225,000 Combined total value = 58,619,193,750
Strike 227.5 has a total call value of 209,137,500 versus a total put value of 51,332,287,500 Combined total value = 51,541,425,000
Strike 230 has a total call value of 310,781,250 versus a total put value of 44,250,862,500 Combined total value = 44,561,643,750
Strike 232.5 has a total call value of 532,350,000 versus a total put value of 37,992,825,000 Combined total value = 38,525,175,000
Strike 235 has a total call value of 794,137,500 versus a total put value of 31,870,068,750 Combined total value = 32,664,206,250
Strike 237.5 has a total call value of 1,206,562,500 versus a total put value of 26,216,043,750 Combined total value = 27,422,606,250
Strike 240 has a total call value of 1,668,712,500 versus a total put value of 20,654,887,500 Combined total value = 22,323,600,000
Strike 242.5 has a total call value of 2,870,887,500 versus a total put value of 16,644,712,500 Combined total value = 19,515,600,000
Strike 245 has a total call value of 4,211,268,750 versus a total put value of 12,772,012,500 Combined total value = 16,983,281,250
Strike 247.5 has a total call value of 6,931,518,750 versus a total put value of 9,713,193,750 Combined total value = 16,644,712,500
Strike 250 has a total call value of 10,017,393,750 versus a total put value of 6,849,618,750 Combined total value = 16,867,012,500
Strike 252.5 has a total call value of 15,960,993,750 versus a total put value of 5,129,718,750 Combined total value = 21,090,712,500
Strike 255 has a total call value of 22,221,225,000 versus a total put value of 3,580,931,250 Combined total value = 25,802,156,250
Strike 257.5 has a total call value of 29,558,587,500 versus a total put value of 2,380,218,750 Combined total value = 31,938,806,250
Strike 260 has a total call value of 37,090,462,500 versus a total put value of 1,243,856,250 Combined total value = 38,334,318,750
Strike 262.5 has a total call value of 46,525,050,000 versus a total put value of 933,075,000 Combined total value = 47,458,125,000
Strike 265 has a total call value of 56,115,393,750 versus a total put value of 653,006,250 Combined total value = 56,768,400,000
Strike 267.5 has a total call value of 66,376,293,750 versus a total put value of 431,437,500 Combined total value = 66,807,731,250
Strike 270 has a total call value of 76,718,362,500 versus a total put value of 245,700,000 Combined total value = 76,964,062,500
Strike 272.5 has a total call value of 87,725,868,750 versus a total put value of 184,275,000 Combined total value = 87,910,143,750
Strike 275 has a total call value of 98,806,500,000 versus a total put value of 122,850,000 Combined total value = 98,929,350,000
Strike 277.5 has a total call value of 110,083,837,500 versus a total put value of 61,425,000 Combined total value = 110,145,262,500
Strike 280 has a total call value of 121,361,175,000 versus a total put value of 0 Combined total value = 121,361,175,000
Strike 282.5 has a total call value of 132,952,950,000 versus a total put value of 0 Combined total value = 132,952,950,000
Strike 285 has a total call value of 144,544,725,000 versus a total put value of 0 Combined total value = 144,544,725,000
Strike 287.5 has a total call value of 156,232,293,750 versus a total put value of 0 Combined total value = 156,232,293,750
Strike 290 has a total call value of 167,919,862,500 versus a total put value of 0 Combined total value = 167,919,862,500
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.
