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BATAINDIA
BATA INDIA LTD

1320.4 -23.15 (-1.72%)

Max pain for BATAINDIA

19 Apr 2024 04:15 PM IST
Max Pain for BATAINDIA is 1350  



Strike  1120  has a total call value of 0  versus a total put value of  24,325,500,000 Combined total value = 24,325,500,000

Strike  1130  has a total call value of 0  versus a total put value of  23,162,625,000 Combined total value = 23,162,625,000

Strike  1140  has a total call value of 0  versus a total put value of  21,999,750,000 Combined total value = 21,999,750,000

Strike  1150  has a total call value of 375,000  versus a total put value of  20,836,875,000 Combined total value = 20,837,250,000

Strike  1160  has a total call value of 750,000  versus a total put value of  19,674,000,000 Combined total value = 19,674,750,000

Strike  1170  has a total call value of 1,125,000  versus a total put value of  18,511,125,000 Combined total value = 18,512,250,000

Strike  1180  has a total call value of 1,500,000  versus a total put value of  17,348,250,000 Combined total value = 17,349,750,000

Strike  1190  has a total call value of 1,875,000  versus a total put value of  16,185,375,000 Combined total value = 16,187,250,000

Strike  1200  has a total call value of 2,250,000  versus a total put value of  15,022,500,000 Combined total value = 15,024,750,000

Strike  1210  has a total call value of 2,625,000  versus a total put value of  13,956,750,000 Combined total value = 13,959,375,000

Strike  1220  has a total call value of 3,000,000  versus a total put value of  12,891,000,000 Combined total value = 12,894,000,000

Strike  1230  has a total call value of 3,375,000  versus a total put value of  11,825,250,000 Combined total value = 11,828,625,000

Strike  1240  has a total call value of 3,750,000  versus a total put value of  10,759,500,000 Combined total value = 10,763,250,000

Strike  1250  has a total call value of 4,125,000  versus a total put value of  9,736,875,000 Combined total value = 9,741,000,000

Strike  1260  has a total call value of 5,250,000  versus a total put value of  8,746,125,000 Combined total value = 8,751,375,000

Strike  1270  has a total call value of 6,375,000  versus a total put value of  7,797,375,000 Combined total value = 7,803,750,000

Strike  1280  has a total call value of 7,500,000  versus a total put value of  6,888,375,000 Combined total value = 6,895,875,000

Strike  1290  has a total call value of 8,625,000  versus a total put value of  6,057,375,000 Combined total value = 6,066,000,000

Strike  1300  has a total call value of 12,375,000  versus a total put value of  5,267,625,000 Combined total value = 5,280,000,000

Strike  1310  has a total call value of 71,625,000  versus a total put value of  4,664,250,000 Combined total value = 4,735,875,000

Strike  1320  has a total call value of 141,750,000  versus a total put value of  4,082,250,000 Combined total value = 4,224,000,000

Strike  1330  has a total call value of 258,000,000  versus a total put value of  3,554,250,000 Combined total value = 3,812,250,000

Strike  1340  has a total call value of 415,500,000  versus a total put value of  3,051,375,000 Combined total value = 3,466,875,000

Strike  1350  has a total call value of 667,875,000  versus a total put value of  2,610,375,000 Combined total value = 3,278,250,000

Strike  1360  has a total call value of 1,065,000,000  versus a total put value of  2,231,625,000 Combined total value = 3,296,625,000

Strike  1370  has a total call value of 1,618,875,000  versus a total put value of  1,931,625,000 Combined total value = 3,550,500,000

Strike  1380  has a total call value of 2,271,000,000  versus a total put value of  1,645,125,000 Combined total value = 3,916,125,000

Strike  1390  has a total call value of 3,150,750,000  versus a total put value of  1,442,250,000 Combined total value = 4,593,000,000

Strike  1400  has a total call value of 4,110,375,000  versus a total put value of  1,248,000,000 Combined total value = 5,358,375,000

Strike  1410  has a total call value of 5,725,125,000  versus a total put value of  1,134,750,000 Combined total value = 6,859,875,000

Strike  1420  has a total call value of 7,393,875,000  versus a total put value of  1,021,500,000 Combined total value = 8,415,375,000

Strike  1430  has a total call value of 9,241,500,000  versus a total put value of  908,250,000 Combined total value = 10,149,750,000

Strike  1440  has a total call value of 11,118,000,000  versus a total put value of  795,000,000 Combined total value = 11,913,000,000

Strike  1450  has a total call value of 13,085,625,000  versus a total put value of  691,500,000 Combined total value = 13,777,125,000

Strike  1460  has a total call value of 15,175,125,000  versus a total put value of  588,000,000 Combined total value = 15,763,125,000

Strike  1470  has a total call value of 17,356,500,000  versus a total put value of  496,125,000 Combined total value = 17,852,625,000

Strike  1480  has a total call value of 19,545,000,000  versus a total put value of  404,250,000 Combined total value = 19,949,250,000

Strike  1490  has a total call value of 21,762,750,000  versus a total put value of  312,375,000 Combined total value = 22,075,125,000

Strike  1500  has a total call value of 23,993,625,000  versus a total put value of  220,500,000 Combined total value = 24,214,125,000

Strike  1510  has a total call value of 26,740,500,000  versus a total put value of  183,750,000 Combined total value = 26,924,250,000

Strike  1520  has a total call value of 29,487,375,000  versus a total put value of  147,000,000 Combined total value = 29,634,375,000

Strike  1530  has a total call value of 32,234,250,000  versus a total put value of  110,250,000 Combined total value = 32,344,500,000

Strike  1540  has a total call value of 34,981,125,000  versus a total put value of  73,500,000 Combined total value = 35,054,625,000

Strike  1550  has a total call value of 37,740,750,000  versus a total put value of  36,750,000 Combined total value = 37,777,500,000

Strike  1560  has a total call value of 40,500,375,000  versus a total put value of  0 Combined total value = 40,500,375,000

Strike  1570  has a total call value of 43,297,875,000  versus a total put value of  0 Combined total value = 43,297,875,000

Strike  1580  has a total call value of 46,095,375,000  versus a total put value of  0 Combined total value = 46,095,375,000

Strike  1590  has a total call value of 48,892,875,000  versus a total put value of  0 Combined total value = 48,892,875,000

Strike  1600  has a total call value of 51,690,375,000  versus a total put value of  0 Combined total value = 51,690,375,000

Strike  1610  has a total call value of 54,558,750,000  versus a total put value of  0 Combined total value = 54,558,750,000

Strike  1620  has a total call value of 57,427,125,000  versus a total put value of  0 Combined total value = 57,427,125,000

Strike  1630  has a total call value of 60,295,500,000  versus a total put value of  0 Combined total value = 60,295,500,000

Strike  1640  has a total call value of 63,163,875,000  versus a total put value of  0 Combined total value = 63,163,875,000

Strike  1650  has a total call value of 66,032,250,000  versus a total put value of  0 Combined total value = 66,032,250,000

Strike  1660  has a total call value of 68,900,625,000  versus a total put value of  0 Combined total value = 68,900,625,000

Strike  1670  has a total call value of 71,769,000,000  versus a total put value of  0 Combined total value = 71,769,000,000

Strike  1680  has a total call value of 74,637,375,000  versus a total put value of  0 Combined total value = 74,637,375,000

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.