BEL
BHARAT ELECTRONICS LTD
Max pain for BEL
19 Apr 2024 04:15 PM IST
Max Pain for BEL is 225
Strike 150 has a total call value of 0 versus a total put value of 260,863,350,000 Combined total value = 260,863,350,000
Strike 152.5 has a total call value of 0 versus a total put value of 250,277,025,000 Combined total value = 250,277,025,000
Strike 155 has a total call value of 0 versus a total put value of 239,690,700,000 Combined total value = 239,690,700,000
Strike 157.5 has a total call value of 0 versus a total put value of 229,104,375,000 Combined total value = 229,104,375,000
Strike 160 has a total call value of 0 versus a total put value of 218,518,050,000 Combined total value = 218,518,050,000
Strike 162.5 has a total call value of 55,575,000 versus a total put value of 208,054,275,000 Combined total value = 208,109,850,000
Strike 165 has a total call value of 111,150,000 versus a total put value of 197,590,500,000 Combined total value = 197,701,650,000
Strike 167.5 has a total call value of 166,725,000 versus a total put value of 187,126,725,000 Combined total value = 187,293,450,000
Strike 170 has a total call value of 222,300,000 versus a total put value of 176,662,950,000 Combined total value = 176,885,250,000
Strike 172.5 has a total call value of 300,675,000 versus a total put value of 166,411,500,000 Combined total value = 166,712,175,000
Strike 175 has a total call value of 379,050,000 versus a total put value of 156,160,050,000 Combined total value = 156,539,100,000
Strike 177.5 has a total call value of 457,425,000 versus a total put value of 145,978,425,000 Combined total value = 146,435,850,000
Strike 180 has a total call value of 535,800,000 versus a total put value of 135,796,800,000 Combined total value = 136,332,600,000
Strike 182.5 has a total call value of 661,200,000 versus a total put value of 126,210,825,000 Combined total value = 126,872,025,000
Strike 185 has a total call value of 786,600,000 versus a total put value of 116,624,850,000 Combined total value = 117,411,450,000
Strike 187.5 has a total call value of 912,000,000 versus a total put value of 107,298,225,000 Combined total value = 108,210,225,000
Strike 190 has a total call value of 1,037,400,000 versus a total put value of 98,027,175,000 Combined total value = 99,064,575,000
Strike 192.5 has a total call value of 1,252,575,000 versus a total put value of 89,263,425,000 Combined total value = 90,516,000,000
Strike 195 has a total call value of 1,467,750,000 versus a total put value of 80,563,800,000 Combined total value = 82,031,550,000
Strike 197.5 has a total call value of 1,725,675,000 versus a total put value of 72,142,050,000 Combined total value = 73,867,725,000
Strike 200 has a total call value of 1,983,600,000 versus a total put value of 63,791,550,000 Combined total value = 65,775,150,000
Strike 202.5 has a total call value of 2,409,675,000 versus a total put value of 56,363,025,000 Combined total value = 58,772,700,000
Strike 205 has a total call value of 2,926,950,000 versus a total put value of 49,035,675,000 Combined total value = 51,962,625,000
Strike 207.5 has a total call value of 3,566,775,000 versus a total put value of 42,093,075,000 Combined total value = 45,659,850,000
Strike 210 has a total call value of 4,263,600,000 versus a total put value of 35,287,275,000 Combined total value = 39,550,875,000
Strike 212.5 has a total call value of 5,310,975,000 versus a total put value of 29,679,900,000 Combined total value = 34,990,875,000
Strike 215 has a total call value of 6,616,275,000 versus a total put value of 24,230,700,000 Combined total value = 30,846,975,000
Strike 217.5 has a total call value of 8,141,025,000 versus a total put value of 19,308,750,000 Combined total value = 27,449,775,000
Strike 220 has a total call value of 9,707,100,000 versus a total put value of 14,557,800,000 Combined total value = 24,264,900,000
Strike 222.5 has a total call value of 11,764,800,000 versus a total put value of 10,899,825,000 Combined total value = 22,664,625,000
Strike 225 has a total call value of 14,006,325,000 versus a total put value of 7,467,000,000 Combined total value = 21,473,325,000
Strike 227.5 has a total call value of 16,656,825,000 versus a total put value of 5,246,850,000 Combined total value = 21,903,675,000
Strike 230 has a total call value of 19,382,850,000 versus a total put value of 3,247,575,000 Combined total value = 22,630,425,000
Strike 232.5 has a total call value of 23,716,275,000 versus a total put value of 2,150,325,000 Combined total value = 25,866,600,000
Strike 235 has a total call value of 28,518,525,000 versus a total put value of 1,238,325,000 Combined total value = 29,756,850,000
Strike 237.5 has a total call value of 35,312,925,000 versus a total put value of 837,900,000 Combined total value = 36,150,825,000
Strike 240 has a total call value of 42,541,950,000 versus a total put value of 515,850,000 Combined total value = 43,057,800,000
Strike 242.5 has a total call value of 52,444,275,000 versus a total put value of 367,650,000 Combined total value = 52,811,925,000
Strike 245 has a total call value of 62,604,525,000 versus a total put value of 237,975,000 Combined total value = 62,842,500,000
Strike 247.5 has a total call value of 73,881,975,000 versus a total put value of 131,100,000 Combined total value = 74,013,075,000
Strike 250 has a total call value of 85,405,950,000 versus a total put value of 39,900,000 Combined total value = 85,445,850,000
Strike 252.5 has a total call value of 99,003,300,000 versus a total put value of 22,800,000 Combined total value = 99,026,100,000
Strike 255 has a total call value of 113,006,775,000 versus a total put value of 14,250,000 Combined total value = 113,021,025,000
Strike 257.5 has a total call value of 127,675,725,000 versus a total put value of 7,125,000 Combined total value = 127,682,850,000
Strike 260 has a total call value of 142,344,675,000 versus a total put value of 0 Combined total value = 142,344,675,000
Strike 262.5 has a total call value of 157,783,125,000 versus a total put value of 0 Combined total value = 157,783,125,000
Strike 265 has a total call value of 173,221,575,000 versus a total put value of 0 Combined total value = 173,221,575,000
Max Pain - Choose a symbol
Index
A
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.