[--[65.84.65.76]--]
BATAINDIA
BATA INDIA LTD

1364.2 -3.10 (-0.23%)


Strike  1120  has a total call value of 0  versus a total put value of  9,520,500,000 Combined total value = 9,520,500,000

Strike  1140  has a total call value of 0  versus a total put value of  8,772,000,000 Combined total value = 8,772,000,000

Strike  1160  has a total call value of 0  versus a total put value of  8,023,500,000 Combined total value = 8,023,500,000

Strike  1180  has a total call value of 0  versus a total put value of  7,275,000,000 Combined total value = 7,275,000,000

Strike  1200  has a total call value of 0  versus a total put value of  6,526,500,000 Combined total value = 6,526,500,000

Strike  1220  has a total call value of 0  versus a total put value of  5,802,750,000 Combined total value = 5,802,750,000

Strike  1240  has a total call value of 0  versus a total put value of  5,079,000,000 Combined total value = 5,079,000,000

Strike  1260  has a total call value of 0  versus a total put value of  4,355,250,000 Combined total value = 4,355,250,000

Strike  1280  has a total call value of 0  versus a total put value of  3,631,500,000 Combined total value = 3,631,500,000

Strike  1300  has a total call value of 0  versus a total put value of  2,907,750,000 Combined total value = 2,907,750,000

Strike  1320  has a total call value of 41,250,000  versus a total put value of  2,338,500,000 Combined total value = 2,379,750,000

Strike  1340  has a total call value of 82,500,000  versus a total put value of  1,848,000,000 Combined total value = 1,930,500,000

Strike  1360  has a total call value of 123,750,000  versus a total put value of  1,398,000,000 Combined total value = 1,521,750,000

Strike  1380  has a total call value of 189,000,000  versus a total put value of  1,040,250,000 Combined total value = 1,229,250,000

Strike  1400  has a total call value of 313,500,000  versus a total put value of  767,250,000 Combined total value = 1,080,750,000

Strike  1420  has a total call value of 776,250,000  versus a total put value of  632,250,000 Combined total value = 1,408,500,000

Strike  1440  has a total call value of 1,268,250,000  versus a total put value of  497,250,000 Combined total value = 1,765,500,000

Strike  1460  has a total call value of 1,781,250,000  versus a total put value of  369,000,000 Combined total value = 2,150,250,000

Strike  1480  has a total call value of 2,376,750,000  versus a total put value of  240,750,000 Combined total value = 2,617,500,000

Strike  1500  has a total call value of 2,972,250,000  versus a total put value of  112,500,000 Combined total value = 3,084,750,000

Strike  1520  has a total call value of 3,954,750,000  versus a total put value of  90,000,000 Combined total value = 4,044,750,000

Strike  1540  has a total call value of 4,937,250,000  versus a total put value of  67,500,000 Combined total value = 5,004,750,000

Strike  1560  has a total call value of 5,923,500,000  versus a total put value of  45,000,000 Combined total value = 5,968,500,000

Strike  1580  has a total call value of 6,967,500,000  versus a total put value of  22,500,000 Combined total value = 6,990,000,000

Strike  1600  has a total call value of 8,011,500,000  versus a total put value of  0 Combined total value = 8,011,500,000

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.