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COALINDIA
COAL INDIA LTD

497.3 -4.40 (-0.88%)

Max pain for COALINDIA

23 May 2024 04:05 PM IST

Max Pain for COALINDIA is 480  



Strike  360  has a total call value of 0  versus a total put value of  323,437,800,000 Combined total value = 323,437,800,000

Strike  365  has a total call value of 0  versus a total put value of  306,381,600,000 Combined total value = 306,381,600,000

Strike  370  has a total call value of 0  versus a total put value of  289,325,400,000 Combined total value = 289,325,400,000

Strike  375  has a total call value of 0  versus a total put value of  272,269,200,000 Combined total value = 272,269,200,000

Strike  380  has a total call value of 0  versus a total put value of  255,213,000,000 Combined total value = 255,213,000,000

Strike  385  has a total call value of 0  versus a total put value of  238,375,200,000 Combined total value = 238,375,200,000

Strike  390  has a total call value of 0  versus a total put value of  221,537,400,000 Combined total value = 221,537,400,000

Strike  395  has a total call value of 0  versus a total put value of  204,880,200,000 Combined total value = 204,880,200,000

Strike  400  has a total call value of 0  versus a total put value of  188,302,800,000 Combined total value = 188,302,800,000

Strike  405  has a total call value of 63,000,000  versus a total put value of  173,657,400,000 Combined total value = 173,720,400,000

Strike  410  has a total call value of 126,000,000  versus a total put value of  159,075,000,000 Combined total value = 159,201,000,000

Strike  415  has a total call value of 189,000,000  versus a total put value of  144,910,500,000 Combined total value = 145,099,500,000

Strike  420  has a total call value of 252,000,000  versus a total put value of  130,839,450,000 Combined total value = 131,091,450,000

Strike  425  has a total call value of 367,500,000  versus a total put value of  117,364,800,000 Combined total value = 117,732,300,000

Strike  430  has a total call value of 483,000,000  versus a total put value of  104,329,050,000 Combined total value = 104,812,050,000

Strike  435  has a total call value of 697,200,000  versus a total put value of  91,962,150,000 Combined total value = 92,659,350,000

Strike  440  has a total call value of 911,400,000  versus a total put value of  79,786,350,000 Combined total value = 80,697,750,000

Strike  445  has a total call value of 1,306,200,000  versus a total put value of  68,413,800,000 Combined total value = 69,720,000,000

Strike  450  has a total call value of 1,823,850,000  versus a total put value of  57,226,050,000 Combined total value = 59,049,900,000

Strike  455  has a total call value of 2,888,550,000  versus a total put value of  47,465,250,000 Combined total value = 50,353,800,000

Strike  460  has a total call value of 4,119,150,000  versus a total put value of  38,194,800,000 Combined total value = 42,313,950,000

Strike  465  has a total call value of 6,226,500,000  versus a total put value of  30,426,900,000 Combined total value = 36,653,400,000

Strike  470  has a total call value of 8,556,450,000  versus a total put value of  23,176,650,000 Combined total value = 31,733,100,000

Strike  475  has a total call value of 11,737,950,000  versus a total put value of  17,233,650,000 Combined total value = 28,971,600,000

Strike  480  has a total call value of 15,299,550,000  versus a total put value of  11,957,400,000 Combined total value = 27,256,950,000

Strike  485  has a total call value of 20,752,200,000  versus a total put value of  7,962,150,000 Combined total value = 28,714,350,000

Strike  490  has a total call value of 26,479,950,000  versus a total put value of  4,748,100,000 Combined total value = 31,228,050,000

Strike  495  has a total call value of 35,610,750,000  versus a total put value of  2,735,250,000 Combined total value = 38,346,000,000

Strike  500  has a total call value of 45,259,200,000  versus a total put value of  1,116,150,000 Combined total value = 46,375,350,000

Strike  505  has a total call value of 58,241,400,000  versus a total put value of  600,600,000 Combined total value = 58,842,000,000

Strike  510  has a total call value of 72,180,150,000  versus a total put value of  263,550,000 Combined total value = 72,443,700,000

Strike  515  has a total call value of 87,598,350,000  versus a total put value of  150,150,000 Combined total value = 87,748,500,000

Strike  520  has a total call value of 103,556,250,000  versus a total put value of  67,200,000 Combined total value = 103,623,450,000

Strike  525  has a total call value of 121,261,350,000  versus a total put value of  35,700,000 Combined total value = 121,297,050,000

Strike  530  has a total call value of 139,202,700,000  versus a total put value of  12,600,000 Combined total value = 139,215,300,000

Strike  535  has a total call value of 158,476,500,000  versus a total put value of  4,200,000 Combined total value = 158,480,700,000

Strike  540  has a total call value of 177,893,100,000  versus a total put value of  2,100,000 Combined total value = 177,895,200,000

Strike  545  has a total call value of 197,597,400,000  versus a total put value of  0 Combined total value = 197,597,400,000

Strike  550  has a total call value of 217,401,450,000  versus a total put value of  0 Combined total value = 217,401,450,000

Strike  555  has a total call value of 237,957,300,000  versus a total put value of  0 Combined total value = 237,957,300,000

Strike  560  has a total call value of 258,578,250,000  versus a total put value of  0 Combined total value = 258,578,250,000

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.