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BEL
BHARAT ELECTRONICS LTD

316.05 1.55 (0.49%)

Max pain for BEL

04 Jul 2024 12:32 PM IST

Max Pain for BEL is 310  



Strike  215  has a total call value of 0  versus a total put value of  316,299,412,500 Combined total value = 316,299,412,500

Strike  217.5  has a total call value of 0  versus a total put value of  306,192,600,000 Combined total value = 306,192,600,000

Strike  220  has a total call value of 0  versus a total put value of  296,085,787,500 Combined total value = 296,085,787,500

Strike  222.5  has a total call value of 0  versus a total put value of  286,016,737,500 Combined total value = 286,016,737,500

Strike  225  has a total call value of 0  versus a total put value of  275,947,687,500 Combined total value = 275,947,687,500

Strike  227.5  has a total call value of 0  versus a total put value of  265,878,637,500 Combined total value = 265,878,637,500

Strike  230  has a total call value of 0  versus a total put value of  255,809,587,500 Combined total value = 255,809,587,500

Strike  232.5  has a total call value of 0  versus a total put value of  245,784,712,500 Combined total value = 245,784,712,500

Strike  235  has a total call value of 0  versus a total put value of  235,759,837,500 Combined total value = 235,759,837,500

Strike  237.5  has a total call value of 0  versus a total put value of  225,734,962,500 Combined total value = 225,734,962,500

Strike  240  has a total call value of 0  versus a total put value of  215,710,087,500 Combined total value = 215,710,087,500

Strike  242.5  has a total call value of 0  versus a total put value of  205,725,112,500 Combined total value = 205,725,112,500

Strike  245  has a total call value of 0  versus a total put value of  195,741,562,500 Combined total value = 195,741,562,500

Strike  247.5  has a total call value of 0  versus a total put value of  185,758,012,500 Combined total value = 185,758,012,500

Strike  250  has a total call value of 0  versus a total put value of  175,774,462,500 Combined total value = 175,774,462,500

Strike  252.5  has a total call value of 76,237,500  versus a total put value of  166,124,362,500 Combined total value = 166,200,600,000

Strike  255  has a total call value of 152,475,000  versus a total put value of  156,474,262,500 Combined total value = 156,626,737,500

Strike  257.5  has a total call value of 228,712,500  versus a total put value of  146,883,300,000 Combined total value = 147,112,012,500

Strike  260  has a total call value of 304,950,000  versus a total put value of  137,292,337,500 Combined total value = 137,597,287,500

Strike  262.5  has a total call value of 381,187,500  versus a total put value of  128,073,300,000 Combined total value = 128,454,487,500

Strike  265  has a total call value of 457,425,000  versus a total put value of  118,854,262,500 Combined total value = 119,311,687,500

Strike  267.5  has a total call value of 533,662,500  versus a total put value of  109,749,937,500 Combined total value = 110,283,600,000

Strike  270  has a total call value of 609,900,000  versus a total put value of  100,669,125,000 Combined total value = 101,279,025,000

Strike  272.5  has a total call value of 759,525,000  versus a total put value of  92,692,687,500 Combined total value = 93,452,212,500

Strike  275  has a total call value of 909,150,000  versus a total put value of  84,738,337,500 Combined total value = 85,647,487,500

Strike  277.5  has a total call value of 1,058,775,000  versus a total put value of  77,046,900,000 Combined total value = 78,105,675,000

Strike  280  has a total call value of 1,208,400,000  versus a total put value of  69,427,425,000 Combined total value = 70,635,825,000

Strike  282.5  has a total call value of 1,529,737,500  versus a total put value of  62,860,312,500 Combined total value = 64,390,050,000

Strike  285  has a total call value of 1,851,075,000  versus a total put value of  56,349,487,500 Combined total value = 58,200,562,500

Strike  287.5  has a total call value of 2,172,412,500  versus a total put value of  50,173,537,500 Combined total value = 52,345,950,000

Strike  290  has a total call value of 2,493,750,000  versus a total put value of  44,041,762,500 Combined total value = 46,535,512,500

Strike  292.5  has a total call value of 2,915,550,000  versus a total put value of  38,557,650,000 Combined total value = 41,473,200,000

Strike  295  has a total call value of 3,367,987,500  versus a total put value of  33,116,287,500 Combined total value = 36,484,275,000

Strike  297.5  has a total call value of 3,855,337,500  versus a total put value of  27,819,562,500 Combined total value = 31,674,900,000

Strike  300  has a total call value of 4,375,462,500  versus a total put value of  22,583,400,000 Combined total value = 26,958,862,500

Strike  302.5  has a total call value of 5,972,887,500  versus a total put value of  18,770,100,000 Combined total value = 24,742,987,500

Strike  305  has a total call value of 7,630,162,500  versus a total put value of  15,044,437,500 Combined total value = 22,674,600,000

Strike  307.5  has a total call value of 9,753,412,500  versus a total put value of  11,874,525,000 Combined total value = 21,627,937,500

Strike  310  has a total call value of 12,049,087,500  versus a total put value of  8,909,812,500 Combined total value = 20,958,900,000

Strike  312.5  has a total call value of 16,382,512,500  versus a total put value of  7,241,137,500 Combined total value = 23,623,650,000

Strike  315  has a total call value of 20,944,650,000  versus a total put value of  5,682,187,500 Combined total value = 26,626,837,500

Strike  317.5  has a total call value of 27,027,975,000  versus a total put value of  4,494,450,000 Combined total value = 31,522,425,000

Strike  320  has a total call value of 33,359,250,000  versus a total put value of  3,367,987,500 Combined total value = 36,727,237,500

Strike  322.5  has a total call value of 42,328,200,000  versus a total put value of  2,728,875,000 Combined total value = 45,057,075,000

Strike  325  has a total call value of 51,454,612,500  versus a total put value of  2,126,812,500 Combined total value = 53,581,425,000

Strike  327.5  has a total call value of 61,354,800,000  versus a total put value of  1,574,625,000 Combined total value = 62,929,425,000

Strike  330  has a total call value of 71,419,575,000  versus a total put value of  1,085,137,500 Combined total value = 72,504,712,500

Strike  332.5  has a total call value of 82,890,825,000  versus a total put value of  874,237,500 Combined total value = 83,765,062,500

Strike  335  has a total call value of 94,421,212,500  versus a total put value of  701,100,000 Combined total value = 95,122,312,500

Strike  337.5  has a total call value of 106,187,437,500  versus a total put value of  544,350,000 Combined total value = 106,731,787,500

Strike  340  has a total call value of 117,983,587,500  versus a total put value of  406,125,000 Combined total value = 118,389,712,500

Strike  342.5  has a total call value of 130,681,050,000  versus a total put value of  303,525,000 Combined total value = 130,984,575,000

Strike  345  has a total call value of 143,412,712,500  versus a total put value of  209,475,000 Combined total value = 143,622,187,500

Strike  347.5  has a total call value of 156,234,862,500  versus a total put value of  123,262,500 Combined total value = 156,358,125,000

Strike  350  has a total call value of 169,109,025,000  versus a total put value of  37,050,000 Combined total value = 169,146,075,000

Strike  352.5  has a total call value of 183,485,137,500  versus a total put value of  27,787,500 Combined total value = 183,512,925,000

Strike  355  has a total call value of 197,897,587,500  versus a total put value of  18,525,000 Combined total value = 197,916,112,500

Strike  360  has a total call value of 227,003,212,500  versus a total put value of  0 Combined total value = 227,003,212,500

Strike  365  has a total call value of 257,378,512,500  versus a total put value of  0 Combined total value = 257,378,512,500

All Max-Pain Table

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.