BANKBARODA
BANK OF BARODA
Max pain for BANKBARODA
26 Jul 2024 04:13 PM IST
Max Pain for BANKBARODA is 250
Strike 210 has a total call value of 0 versus a total put value of 102,889,215,000 Combined total value = 102,889,215,000
Strike 215 has a total call value of 1,462,500 versus a total put value of 89,211,915,000 Combined total value = 89,213,377,500
Strike 220 has a total call value of 2,925,000 versus a total put value of 75,534,615,000 Combined total value = 75,537,540,000
Strike 222.4 has a total call value of 21,879,000 versus a total put value of 69,258,735,000 Combined total value = 69,280,614,000
Strike 225 has a total call value of 42,412,500 versus a total put value of 62,482,680,000 Combined total value = 62,525,092,500
Strike 230 has a total call value of 128,700,000 versus a total put value of 49,794,030,000 Combined total value = 49,922,730,000
Strike 232.4 has a total call value of 232,596,000 versus a total put value of 44,223,660,000 Combined total value = 44,456,256,000
Strike 235 has a total call value of 345,150,000 versus a total put value of 38,247,651,000 Combined total value = 38,592,801,000
Strike 240 has a total call value of 627,412,500 versus a total put value of 27,065,376,000 Combined total value = 27,692,788,500
Strike 242.4 has a total call value of 993,856,500 versus a total put value of 22,637,160,000 Combined total value = 23,631,016,500
Strike 245 has a total call value of 1,390,837,500 versus a total put value of 17,924,341,500 Combined total value = 19,315,179,000
Strike 250 has a total call value of 2,578,387,500 versus a total put value of 9,746,041,500 Combined total value = 12,324,429,000
Strike 252.4 has a total call value of 4,419,733,500 versus a total put value of 7,934,881,500 Combined total value = 12,354,615,000
Strike 255 has a total call value of 6,655,603,500 versus a total put value of 6,111,963,000 Combined total value = 12,767,566,500
Strike 260 has a total call value of 12,235,041,000 versus a total put value of 3,156,250,500 Combined total value = 15,391,291,500
Strike 262.4 has a total call value of 16,458,273,000 versus a total put value of 2,589,736,500 Combined total value = 19,048,009,500
Strike 265 has a total call value of 21,172,612,500 versus a total put value of 2,028,487,500 Combined total value = 23,201,100,000
Strike 270 has a total call value of 31,122,000,000 versus a total put value of 1,110,037,500 Combined total value = 32,232,037,500
Strike 272.4 has a total call value of 36,705,708,000 versus a total put value of 909,265,500 Combined total value = 37,614,973,500
Strike 275 has a total call value of 42,754,725,000 versus a total put value of 691,762,500 Combined total value = 43,446,487,500
Strike 280 has a total call value of 54,950,512,500 versus a total put value of 427,050,000 Combined total value = 55,377,562,500
Strike 282.4 has a total call value of 61,460,860,500 versus a total put value of 375,804,000 Combined total value = 61,836,664,500
Strike 285 has a total call value of 68,551,002,000 versus a total put value of 320,287,500 Combined total value = 68,871,289,500
Strike 290 has a total call value of 82,275,102,000 versus a total put value of 213,525,000 Combined total value = 82,488,627,000
Strike 292.4 has a total call value of 89,084,502,000 versus a total put value of 162,279,000 Combined total value = 89,246,781,000
Strike 295 has a total call value of 96,478,843,500 versus a total put value of 106,762,500 Combined total value = 96,585,606,000
Strike 300 has a total call value of 110,714,818,500 versus a total put value of 0 Combined total value = 110,714,818,500
Strike 305 has a total call value of 126,095,931,000 versus a total put value of 0 Combined total value = 126,095,931,000
Strike 310 has a total call value of 141,498,981,000 versus a total put value of 0 Combined total value = 141,498,981,000
Strike 315 has a total call value of 156,932,743,500 versus a total put value of 0 Combined total value = 156,932,743,500
Strike 320 has a total call value of 172,366,506,000 versus a total put value of 0 Combined total value = 172,366,506,000
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.