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BEL
Bharat Electronics Ltd

285.9 -0.99 (-0.35%)

Max pain for BEL

11 Oct 2024 04:12 PM IST

Max Pain for BEL is 290  



Strike  230  has a total call value of 0  versus a total put value of  208,617,150,000 Combined total value = 208,617,150,000

Strike  235  has a total call value of 0  versus a total put value of  187,038,375,000 Combined total value = 187,038,375,000

Strike  240  has a total call value of 0  versus a total put value of  165,475,275,000 Combined total value = 165,475,275,000

Strike  245  has a total call value of 0  versus a total put value of  144,623,250,000 Combined total value = 144,623,250,000

Strike  250  has a total call value of 0  versus a total put value of  124,539,300,000 Combined total value = 124,539,300,000

Strike  255  has a total call value of 136,800,000  versus a total put value of  105,820,500,000 Combined total value = 105,957,300,000

Strike  260  has a total call value of 289,275,000  versus a total put value of  87,506,400,000 Combined total value = 87,795,675,000

Strike  265  has a total call value of 699,675,000  versus a total put value of  71,026,275,000 Combined total value = 71,725,950,000

Strike  270  has a total call value of 1,248,300,000  versus a total put value of  55,488,075,000 Combined total value = 56,736,375,000

Strike  275  has a total call value of 2,671,875,000  versus a total put value of  42,456,450,000 Combined total value = 45,128,325,000

Strike  280  has a total call value of 4,746,675,000  versus a total put value of  30,862,650,000 Combined total value = 35,609,325,000

Strike  285  has a total call value of 9,385,050,000  versus a total put value of  21,962,100,000 Combined total value = 31,347,150,000

Strike  290  has a total call value of 16,028,400,000  versus a total put value of  14,554,950,000 Combined total value = 30,583,350,000

Strike  295  has a total call value of 28,854,825,000  versus a total put value of  9,660,075,000 Combined total value = 38,514,900,000

Strike  300  has a total call value of 44,562,600,000  versus a total put value of  5,865,300,000 Combined total value = 50,427,900,000

Strike  305  has a total call value of 68,100,750,000  versus a total put value of  4,014,225,000 Combined total value = 72,114,975,000

Strike  310  has a total call value of 93,546,975,000  versus a total put value of  2,398,275,000 Combined total value = 95,945,250,000

Strike  315  has a total call value of 122,616,975,000  versus a total put value of  1,417,875,000 Combined total value = 124,034,850,000

Strike  320  has a total call value of 152,524,875,000  versus a total put value of  604,200,000 Combined total value = 153,129,075,000

Strike  325  has a total call value of 185,220,075,000  versus a total put value of  302,100,000 Combined total value = 185,522,175,000

Strike  330  has a total call value of 218,493,825,000  versus a total put value of  0 Combined total value = 218,493,825,000

Strike  335  has a total call value of 253,350,750,000  versus a total put value of  0 Combined total value = 253,350,750,000

Strike  340  has a total call value of 288,207,675,000  versus a total put value of  0 Combined total value = 288,207,675,000

Strike  345  has a total call value of 324,149,025,000  versus a total put value of  0 Combined total value = 324,149,025,000

Strike  350  has a total call value of 360,090,375,000  versus a total put value of  0 Combined total value = 360,090,375,000

All Max-Pain Table


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.