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BERGEPAINT
BERGER PAINTS (I) LTD

574.05 -0.24 (-0.04%)


Strike  450  has a total call value of 0  versus a total put value of  12,718,411,200 Combined total value = 12,718,411,200

Strike  455  has a total call value of 0  versus a total put value of  12,063,031,200 Combined total value = 12,063,031,200

Strike  460  has a total call value of 0  versus a total put value of  11,407,651,200 Combined total value = 11,407,651,200

Strike  465  has a total call value of 0  versus a total put value of  10,752,271,200 Combined total value = 10,752,271,200

Strike  470  has a total call value of 0  versus a total put value of  10,096,891,200 Combined total value = 10,096,891,200

Strike  475  has a total call value of 0  versus a total put value of  9,455,371,200 Combined total value = 9,455,371,200

Strike  480  has a total call value of 0  versus a total put value of  8,813,851,200 Combined total value = 8,813,851,200

Strike  485  has a total call value of 0  versus a total put value of  8,172,331,200 Combined total value = 8,172,331,200

Strike  490  has a total call value of 0  versus a total put value of  7,530,811,200 Combined total value = 7,530,811,200

Strike  495  has a total call value of 0  versus a total put value of  6,889,291,200 Combined total value = 6,889,291,200

Strike  500  has a total call value of 0  versus a total put value of  6,249,751,200 Combined total value = 6,249,751,200

Strike  505  has a total call value of 0  versus a total put value of  5,676,871,200 Combined total value = 5,676,871,200

Strike  508.35  has a total call value of 0  versus a total put value of  5,293,041,600 Combined total value = 5,293,041,600

Strike  510  has a total call value of 0  versus a total put value of  5,103,991,200 Combined total value = 5,103,991,200

Strike  512.5  has a total call value of 0  versus a total put value of  4,817,551,200 Combined total value = 4,817,551,200

Strike  515  has a total call value of 0  versus a total put value of  4,531,111,200 Combined total value = 4,531,111,200

Strike  516.65  has a total call value of 0  versus a total put value of  4,342,932,000 Combined total value = 4,342,932,000

Strike  520  has a total call value of 0  versus a total put value of  3,960,871,200 Combined total value = 3,960,871,200

Strike  520.85  has a total call value of 0  versus a total put value of  3,867,633,000 Combined total value = 3,867,633,000

Strike  525  has a total call value of 0  versus a total put value of  3,412,959,000 Combined total value = 3,412,959,000

Strike  529.15  has a total call value of 0  versus a total put value of  2,987,318,400 Combined total value = 2,987,318,400

Strike  530  has a total call value of 0  versus a total put value of  2,900,587,800 Combined total value = 2,900,587,800

Strike  533.35  has a total call value of 0  versus a total put value of  2,584,857,000 Combined total value = 2,584,857,000

Strike  535  has a total call value of 0  versus a total put value of  2,429,347,800 Combined total value = 2,429,347,800

Strike  537.5  has a total call value of 0  versus a total put value of  2,196,037,800 Combined total value = 2,196,037,800

Strike  540  has a total call value of 0  versus a total put value of  1,962,727,800 Combined total value = 1,962,727,800

Strike  541.65  has a total call value of 4,791,600  versus a total put value of  1,831,830,000 Combined total value = 1,836,621,600

Strike  545  has a total call value of 14,520,000  versus a total put value of  1,570,047,600 Combined total value = 1,584,567,600

Strike  545.85  has a total call value of 16,988,400  versus a total put value of  1,505,981,400 Combined total value = 1,522,969,800

Strike  550  has a total call value of 29,040,000  versus a total put value of  1,194,831,000 Combined total value = 1,223,871,000

Strike  554.15  has a total call value of 90,941,400  versus a total put value of  969,685,200 Combined total value = 1,060,626,600

Strike  555  has a total call value of 103,620,000  versus a total put value of  924,356,400 Combined total value = 1,027,976,400

Strike  558.35  has a total call value of 153,588,600  versus a total put value of  756,762,600 Combined total value = 910,351,200

Strike  560  has a total call value of 178,200,000  versus a total put value of  674,216,400 Combined total value = 852,416,400

Strike  562.5  has a total call value of 235,950,000  versus a total put value of  574,886,400 Combined total value = 810,836,400

Strike  565  has a total call value of 293,700,000  versus a total put value of  485,456,400 Combined total value = 779,156,400

Strike  566.65  has a total call value of 335,953,200  versus a total put value of  431,659,800 Combined total value = 767,613,000

Strike  570  has a total call value of 421,740,000  versus a total put value of  322,436,400 Combined total value = 744,176,400

Strike  570.85  has a total call value of 451,136,400  versus a total put value of  303,138,000 Combined total value = 754,274,400

Strike  575  has a total call value of 595,755,600  versus a total put value of  217,133,400 Combined total value = 812,889,000

Strike  579.15  has a total call value of 757,904,400  versus a total put value of  148,110,600 Combined total value = 906,015,000

Strike  580  has a total call value of 792,462,000  versus a total put value of  133,973,400 Combined total value = 926,435,400

Strike  583.35  has a total call value of 1,010,024,400  versus a total put value of  104,788,200 Combined total value = 1,114,812,600

Strike  585  has a total call value of 1,117,182,000  versus a total put value of  90,413,400 Combined total value = 1,207,595,400

Strike  587.5  has a total call value of 1,294,062,000  versus a total put value of  68,633,400 Combined total value = 1,362,695,400

Strike  590  has a total call value of 1,475,232,000  versus a total put value of  46,853,400 Combined total value = 1,522,085,400

Strike  591.65  has a total call value of 1,660,144,200  versus a total put value of  39,666,000 Combined total value = 1,699,810,200

Strike  595  has a total call value of 2,038,667,400  versus a total put value of  26,400,000 Combined total value = 2,065,067,400

Strike  595.85  has a total call value of 2,140,545,000  versus a total put value of  23,034,000 Combined total value = 2,163,579,000

Strike  600  has a total call value of 2,637,947,400  versus a total put value of  6,600,000 Combined total value = 2,644,547,400

Strike  604.15  has a total call value of 3,578,520,000  versus a total put value of  6,052,200 Combined total value = 3,584,572,200

Strike  605  has a total call value of 3,775,879,800  versus a total put value of  5,940,000 Combined total value = 3,781,819,800

Strike  608.35  has a total call value of 4,596,160,800  versus a total put value of  5,497,800 Combined total value = 4,601,658,600

Strike  610  has a total call value of 5,008,456,200  versus a total put value of  5,280,000 Combined total value = 5,013,736,200

Strike  612.5  has a total call value of 5,672,746,200  versus a total put value of  4,950,000 Combined total value = 5,677,696,200

Strike  615  has a total call value of 6,337,036,200  versus a total put value of  4,620,000 Combined total value = 6,341,656,200

Strike  616.65  has a total call value of 6,775,467,600  versus a total put value of  4,402,200 Combined total value = 6,779,869,800

Strike  620  has a total call value of 7,665,616,200  versus a total put value of  3,960,000 Combined total value = 7,669,576,200

Strike  620.85  has a total call value of 7,901,124,000  versus a total put value of  3,847,800 Combined total value = 7,904,971,800

Strike  625  has a total call value of 9,050,956,200  versus a total put value of  3,300,000 Combined total value = 9,054,256,200

Strike  629.15  has a total call value of 10,201,884,000  versus a total put value of  2,752,200 Combined total value = 10,204,636,200

Strike  630  has a total call value of 10,437,616,200  versus a total put value of  2,640,000 Combined total value = 10,440,256,200

Strike  633.35  has a total call value of 11,392,768,200  versus a total put value of  2,197,800 Combined total value = 11,394,966,000

Strike  635  has a total call value of 11,863,216,200  versus a total put value of  1,980,000 Combined total value = 11,865,196,200

Strike  637.5  has a total call value of 12,576,016,200  versus a total put value of  1,650,000 Combined total value = 12,577,666,200

Strike  640  has a total call value of 13,288,816,200  versus a total put value of  1,320,000 Combined total value = 13,290,136,200

Strike  641.65  has a total call value of 13,760,571,000  versus a total put value of  1,102,200 Combined total value = 13,761,673,200

Strike  645  has a total call value of 14,718,376,200  versus a total put value of  660,000 Combined total value = 14,719,036,200

Strike  645.85  has a total call value of 14,961,401,400  versus a total put value of  547,800 Combined total value = 14,961,949,200

Strike  650  has a total call value of 16,147,936,200  versus a total put value of  0 Combined total value = 16,147,936,200

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.