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BHARATFORG
BHARAT FORGE LTD

1493.25 14.95 (1.01%)

Max pain for BHARATFORG

23 May 2024 04:05 PM IST

Max Pain for BHARATFORG is 1420  



Strike  1000  has a total call value of 0  versus a total put value of  140,316,500,000 Combined total value = 140,316,500,000

Strike  1010  has a total call value of 0  versus a total put value of  136,233,000,000 Combined total value = 136,233,000,000

Strike  1020  has a total call value of 0  versus a total put value of  132,149,500,000 Combined total value = 132,149,500,000

Strike  1030  has a total call value of 0  versus a total put value of  128,066,000,000 Combined total value = 128,066,000,000

Strike  1040  has a total call value of 0  versus a total put value of  123,982,500,000 Combined total value = 123,982,500,000

Strike  1050  has a total call value of 0  versus a total put value of  119,899,000,000 Combined total value = 119,899,000,000

Strike  1060  has a total call value of 0  versus a total put value of  115,837,500,000 Combined total value = 115,837,500,000

Strike  1070  has a total call value of 0  versus a total put value of  111,776,000,000 Combined total value = 111,776,000,000

Strike  1080  has a total call value of 0  versus a total put value of  107,714,500,000 Combined total value = 107,714,500,000

Strike  1090  has a total call value of 0  versus a total put value of  103,653,000,000 Combined total value = 103,653,000,000

Strike  1100  has a total call value of 0  versus a total put value of  99,591,500,000 Combined total value = 99,591,500,000

Strike  1110  has a total call value of 0  versus a total put value of  95,670,000,000 Combined total value = 95,670,000,000

Strike  1120  has a total call value of 0  versus a total put value of  91,748,500,000 Combined total value = 91,748,500,000

Strike  1130  has a total call value of 0  versus a total put value of  87,827,000,000 Combined total value = 87,827,000,000

Strike  1140  has a total call value of 0  versus a total put value of  83,905,500,000 Combined total value = 83,905,500,000

Strike  1150  has a total call value of 0  versus a total put value of  79,984,000,000 Combined total value = 79,984,000,000

Strike  1160  has a total call value of 0  versus a total put value of  76,125,500,000 Combined total value = 76,125,500,000

Strike  1170  has a total call value of 0  versus a total put value of  72,317,500,000 Combined total value = 72,317,500,000

Strike  1180  has a total call value of 0  versus a total put value of  68,524,500,000 Combined total value = 68,524,500,000

Strike  1190  has a total call value of 0  versus a total put value of  64,762,500,000 Combined total value = 64,762,500,000

Strike  1200  has a total call value of 0  versus a total put value of  61,025,000,000 Combined total value = 61,025,000,000

Strike  1210  has a total call value of 0  versus a total put value of  57,530,500,000 Combined total value = 57,530,500,000

Strike  1220  has a total call value of 0  versus a total put value of  54,069,000,000 Combined total value = 54,069,000,000

Strike  1230  has a total call value of 43,000,000  versus a total put value of  50,668,000,000 Combined total value = 50,711,000,000

Strike  1240  has a total call value of 86,000,000  versus a total put value of  47,267,000,000 Combined total value = 47,353,000,000

Strike  1250  has a total call value of 129,000,000  versus a total put value of  43,980,000,000 Combined total value = 44,109,000,000

Strike  1260  has a total call value of 172,000,000  versus a total put value of  40,836,500,000 Combined total value = 41,008,500,000

Strike  1270  has a total call value of 252,500,000  versus a total put value of  37,693,000,000 Combined total value = 37,945,500,000

Strike  1280  has a total call value of 366,500,000  versus a total put value of  34,592,500,000 Combined total value = 34,959,000,000

Strike  1290  has a total call value of 480,500,000  versus a total put value of  31,579,500,000 Combined total value = 32,060,000,000

Strike  1300  has a total call value of 594,500,000  versus a total put value of  28,599,000,000 Combined total value = 29,193,500,000

Strike  1310  has a total call value of 904,500,000  versus a total put value of  26,172,000,000 Combined total value = 27,076,500,000

Strike  1320  has a total call value of 1,253,500,000  versus a total put value of  23,801,500,000 Combined total value = 25,055,000,000

Strike  1330  has a total call value of 1,640,500,000  versus a total put value of  21,509,000,000 Combined total value = 23,149,500,000

Strike  1340  has a total call value of 2,027,500,000  versus a total put value of  19,252,000,000 Combined total value = 21,279,500,000

Strike  1350  has a total call value of 2,472,500,000  versus a total put value of  17,075,000,000 Combined total value = 19,547,500,000

Strike  1360  has a total call value of 2,998,000,000  versus a total put value of  15,060,500,000 Combined total value = 18,058,500,000

Strike  1370  has a total call value of 3,626,000,000  versus a total put value of  13,174,000,000 Combined total value = 16,800,000,000

Strike  1380  has a total call value of 4,307,000,000  versus a total put value of  11,334,000,000 Combined total value = 15,641,000,000

Strike  1390  has a total call value of 5,053,000,000  versus a total put value of  9,572,500,000 Combined total value = 14,625,500,000

Strike  1400  has a total call value of 5,832,500,000  versus a total put value of  7,847,500,000 Combined total value = 13,680,000,000

Strike  1410  has a total call value of 6,970,000,000  versus a total put value of  6,514,000,000 Combined total value = 13,484,000,000

Strike  1420  has a total call value of 8,135,000,000  versus a total put value of  5,298,500,000 Combined total value = 13,433,500,000

Strike  1430  has a total call value of 9,409,000,000  versus a total put value of  4,154,000,000 Combined total value = 13,563,000,000

Strike  1440  has a total call value of 10,743,500,000  versus a total put value of  3,070,000,000 Combined total value = 13,813,500,000

Strike  1450  has a total call value of 12,144,500,000  versus a total put value of  2,228,500,000 Combined total value = 14,373,000,000

Strike  1460  has a total call value of 13,685,500,000  versus a total put value of  1,539,000,000 Combined total value = 15,224,500,000

Strike  1470  has a total call value of 15,317,500,000  versus a total put value of  962,000,000 Combined total value = 16,279,500,000

Strike  1480  has a total call value of 17,022,000,000  versus a total put value of  487,000,000 Combined total value = 17,509,000,000

Strike  1490  has a total call value of 19,035,000,000  versus a total put value of  259,500,000 Combined total value = 19,294,500,000

Strike  1500  has a total call value of 21,110,000,000  versus a total put value of  78,000,000 Combined total value = 21,188,000,000

Strike  1510  has a total call value of 23,679,500,000  versus a total put value of  35,000,000 Combined total value = 23,714,500,000

Strike  1520  has a total call value of 26,339,000,000  versus a total put value of  17,500,000 Combined total value = 26,356,500,000

Strike  1530  has a total call value of 29,200,000,000  versus a total put value of  10,500,000 Combined total value = 29,210,500,000

Strike  1540  has a total call value of 32,160,500,000  versus a total put value of  3,500,000 Combined total value = 32,164,000,000

Strike  1550  has a total call value of 35,225,000,000  versus a total put value of  0 Combined total value = 35,225,000,000

Strike  1560  has a total call value of 38,480,500,000  versus a total put value of  0 Combined total value = 38,480,500,000

Strike  1570  has a total call value of 41,780,000,000  versus a total put value of  0 Combined total value = 41,780,000,000

Strike  1580  has a total call value of 45,142,500,000  versus a total put value of  0 Combined total value = 45,142,500,000

Strike  1590  has a total call value of 48,550,500,000  versus a total put value of  0 Combined total value = 48,550,500,000

Strike  1600  has a total call value of 51,981,000,000  versus a total put value of  0 Combined total value = 51,981,000,000

Strike  1610  has a total call value of 55,857,500,000  versus a total put value of  0 Combined total value = 55,857,500,000

Strike  1620  has a total call value of 59,783,000,000  versus a total put value of  0 Combined total value = 59,783,000,000

Strike  1630  has a total call value of 63,733,000,000  versus a total put value of  0 Combined total value = 63,733,000,000

Strike  1640  has a total call value of 67,683,000,000  versus a total put value of  0 Combined total value = 67,683,000,000

Strike  1650  has a total call value of 71,652,500,000  versus a total put value of  0 Combined total value = 71,652,500,000

Strike  1660  has a total call value of 75,622,000,000  versus a total put value of  0 Combined total value = 75,622,000,000

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.