BERGEPAINT
BERGER PAINTS (I) LTD
Max pain for BERGEPAINT
29 Nov 2023 04:15 PM IST
Max Pain for BERGEPAINT is 570
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
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.