BATAINDIA
BATA INDIA LTD
Max pain for BATAINDIA
16 Apr 2024 04:15 PM IST
Max Pain for BATAINDIA is 1360
Strike 1200 has a total call value of 0 versus a total put value of 15,872,625,000 Combined total value = 15,872,625,000
Strike 1210 has a total call value of 750,000 versus a total put value of 14,716,875,000 Combined total value = 14,717,625,000
Strike 1220 has a total call value of 1,500,000 versus a total put value of 13,561,125,000 Combined total value = 13,562,625,000
Strike 1230 has a total call value of 2,250,000 versus a total put value of 12,405,375,000 Combined total value = 12,407,625,000
Strike 1240 has a total call value of 3,000,000 versus a total put value of 11,249,625,000 Combined total value = 11,252,625,000
Strike 1250 has a total call value of 3,750,000 versus a total put value of 10,128,375,000 Combined total value = 10,132,125,000
Strike 1260 has a total call value of 4,500,000 versus a total put value of 9,018,000,000 Combined total value = 9,022,500,000
Strike 1270 has a total call value of 5,250,000 versus a total put value of 7,953,375,000 Combined total value = 7,958,625,000
Strike 1280 has a total call value of 7,125,000 versus a total put value of 6,907,500,000 Combined total value = 6,914,625,000
Strike 1290 has a total call value of 10,125,000 versus a total put value of 5,925,000,000 Combined total value = 5,935,125,000
Strike 1300 has a total call value of 13,500,000 versus a total put value of 4,988,625,000 Combined total value = 5,002,125,000
Strike 1310 has a total call value of 66,750,000 versus a total put value of 4,239,375,000 Combined total value = 4,306,125,000
Strike 1320 has a total call value of 120,750,000 versus a total put value of 3,507,000,000 Combined total value = 3,627,750,000
Strike 1330 has a total call value of 177,375,000 versus a total put value of 2,871,000,000 Combined total value = 3,048,375,000
Strike 1340 has a total call value of 243,375,000 versus a total put value of 2,271,375,000 Combined total value = 2,514,750,000
Strike 1350 has a total call value of 378,375,000 versus a total put value of 1,828,125,000 Combined total value = 2,206,500,000
Strike 1360 has a total call value of 581,625,000 versus a total put value of 1,464,750,000 Combined total value = 2,046,375,000
Strike 1370 has a total call value of 939,750,000 versus a total put value of 1,188,375,000 Combined total value = 2,128,125,000
Strike 1380 has a total call value of 1,399,875,000 versus a total put value of 928,125,000 Combined total value = 2,328,000,000
Strike 1390 has a total call value of 2,113,500,000 versus a total put value of 755,625,000 Combined total value = 2,869,125,000
Strike 1400 has a total call value of 2,934,000,000 versus a total put value of 592,500,000 Combined total value = 3,526,500,000
Strike 1410 has a total call value of 4,606,125,000 versus a total put value of 528,750,000 Combined total value = 5,134,875,000
Strike 1420 has a total call value of 6,324,750,000 versus a total put value of 465,000,000 Combined total value = 6,789,750,000
Strike 1430 has a total call value of 8,248,500,000 versus a total put value of 406,875,000 Combined total value = 8,655,375,000
Strike 1440 has a total call value of 10,212,750,000 versus a total put value of 348,750,000 Combined total value = 10,561,500,000
Strike 1450 has a total call value of 12,282,000,000 versus a total put value of 290,625,000 Combined total value = 12,572,625,000
Strike 1460 has a total call value of 14,478,375,000 versus a total put value of 232,500,000 Combined total value = 14,710,875,000
Strike 1470 has a total call value of 16,794,750,000 versus a total put value of 174,375,000 Combined total value = 16,969,125,000
Strike 1480 has a total call value of 19,117,875,000 versus a total put value of 116,250,000 Combined total value = 19,234,125,000
Strike 1490 has a total call value of 21,478,500,000 versus a total put value of 58,125,000 Combined total value = 21,536,625,000
Strike 1500 has a total call value of 23,852,250,000 versus a total put value of 0 Combined total value = 23,852,250,000
Strike 1510 has a total call value of 26,773,875,000 versus a total put value of 0 Combined total value = 26,773,875,000
Strike 1520 has a total call value of 29,695,500,000 versus a total put value of 0 Combined total value = 29,695,500,000
Strike 1530 has a total call value of 32,650,125,000 versus a total put value of 0 Combined total value = 32,650,125,000
Strike 1540 has a total call value of 35,604,750,000 versus a total put value of 0 Combined total value = 35,604,750,000
Strike 1550 has a total call value of 38,574,000,000 versus a total put value of 0 Combined total value = 38,574,000,000
Strike 1560 has a total call value of 41,543,250,000 versus a total put value of 0 Combined total value = 41,543,250,000
Strike 1570 has a total call value of 44,557,500,000 versus a total put value of 0 Combined total value = 44,557,500,000
Strike 1580 has a total call value of 47,571,750,000 versus a total put value of 0 Combined total value = 47,571,750,000
Strike 1590 has a total call value of 50,586,000,000 versus a total put value of 0 Combined total value = 50,586,000,000
Strike 1600 has a total call value of 53,600,250,000 versus a total put value of 0 Combined total value = 53,600,250,000
Max Pain - Choose a symbol
Index
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B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.