COALINDIA
COAL INDIA LTD
Max pain for COALINDIA
28 Mar 2024 03:47 PM IST
Max Pain for COALINDIA is 430
Strike 330 has a total call value of 0 versus a total put value of 101,146,500,000 Combined total value = 101,146,500,000
Strike 332.5 has a total call value of 42,525,000 versus a total put value of 98,343,000,000 Combined total value = 98,385,525,000
Strike 335 has a total call value of 85,050,000 versus a total put value of 95,539,500,000 Combined total value = 95,624,550,000
Strike 337.5 has a total call value of 127,575,000 versus a total put value of 92,736,000,000 Combined total value = 92,863,575,000
Strike 340 has a total call value of 170,100,000 versus a total put value of 89,932,500,000 Combined total value = 90,102,600,000
Strike 342.5 has a total call value of 213,675,000 versus a total put value of 87,146,325,000 Combined total value = 87,360,000,000
Strike 345 has a total call value of 257,250,000 versus a total put value of 84,360,150,000 Combined total value = 84,617,400,000
Strike 347.5 has a total call value of 300,825,000 versus a total put value of 81,573,975,000 Combined total value = 81,874,800,000
Strike 350 has a total call value of 344,400,000 versus a total put value of 78,787,800,000 Combined total value = 79,132,200,000
Strike 352.5 has a total call value of 413,175,000 versus a total put value of 76,074,600,000 Combined total value = 76,487,775,000
Strike 355 has a total call value of 481,950,000 versus a total put value of 73,361,400,000 Combined total value = 73,843,350,000
Strike 357.5 has a total call value of 550,725,000 versus a total put value of 70,648,200,000 Combined total value = 71,198,925,000
Strike 360 has a total call value of 619,500,000 versus a total put value of 67,935,000,000 Combined total value = 68,554,500,000
Strike 362.5 has a total call value of 688,275,000 versus a total put value of 65,221,800,000 Combined total value = 65,910,075,000
Strike 365 has a total call value of 757,050,000 versus a total put value of 62,508,600,000 Combined total value = 63,265,650,000
Strike 367.5 has a total call value of 825,825,000 versus a total put value of 59,803,275,000 Combined total value = 60,629,100,000
Strike 370 has a total call value of 894,600,000 versus a total put value of 57,097,950,000 Combined total value = 57,992,550,000
Strike 372.5 has a total call value of 964,425,000 versus a total put value of 54,392,625,000 Combined total value = 55,357,050,000
Strike 375 has a total call value of 1,034,250,000 versus a total put value of 51,687,300,000 Combined total value = 52,721,550,000
Strike 377.5 has a total call value of 1,104,075,000 versus a total put value of 49,002,450,000 Combined total value = 50,106,525,000
Strike 380 has a total call value of 1,173,900,000 versus a total put value of 46,317,600,000 Combined total value = 47,491,500,000
Strike 382.5 has a total call value of 1,243,725,000 versus a total put value of 43,735,650,000 Combined total value = 44,979,375,000
Strike 385 has a total call value of 1,313,550,000 versus a total put value of 41,153,700,000 Combined total value = 42,467,250,000
Strike 387.5 has a total call value of 1,383,375,000 versus a total put value of 38,571,750,000 Combined total value = 39,955,125,000
Strike 390 has a total call value of 1,453,200,000 versus a total put value of 35,996,100,000 Combined total value = 37,449,300,000
Strike 392.5 has a total call value of 1,523,025,000 versus a total put value of 33,500,775,000 Combined total value = 35,023,800,000
Strike 395 has a total call value of 1,592,850,000 versus a total put value of 31,016,475,000 Combined total value = 32,609,325,000
Strike 397.5 has a total call value of 1,662,675,000 versus a total put value of 28,556,325,000 Combined total value = 30,219,000,000
Strike 400 has a total call value of 1,732,500,000 versus a total put value of 26,101,950,000 Combined total value = 27,834,450,000
Strike 402.5 has a total call value of 1,891,575,000 versus a total put value of 24,243,450,000 Combined total value = 26,135,025,000
Strike 405 has a total call value of 2,050,650,000 versus a total put value of 22,389,150,000 Combined total value = 24,439,800,000
Strike 407.5 has a total call value of 2,224,425,000 versus a total put value of 20,577,375,000 Combined total value = 22,801,800,000
Strike 410 has a total call value of 2,398,200,000 versus a total put value of 18,802,350,000 Combined total value = 21,200,550,000
Strike 412.5 has a total call value of 2,622,375,000 versus a total put value of 17,291,925,000 Combined total value = 19,914,300,000
Strike 415 has a total call value of 2,846,550,000 versus a total put value of 15,815,625,000 Combined total value = 18,662,175,000
Strike 417.5 has a total call value of 3,111,675,000 versus a total put value of 14,458,500,000 Combined total value = 17,570,175,000
Strike 420 has a total call value of 3,398,850,000 versus a total put value of 13,138,125,000 Combined total value = 16,536,975,000
Strike 422.5 has a total call value of 3,806,775,000 versus a total put value of 11,982,600,000 Combined total value = 15,789,375,000
Strike 425 has a total call value of 4,246,725,000 versus a total put value of 10,855,950,000 Combined total value = 15,102,675,000
Strike 427.5 has a total call value of 4,758,600,000 versus a total put value of 9,881,550,000 Combined total value = 14,640,150,000
Strike 430 has a total call value of 5,278,875,000 versus a total put value of 8,939,175,000 Combined total value = 14,218,050,000
Strike 432.5 has a total call value of 6,095,250,000 versus a total put value of 8,134,875,000 Combined total value = 14,230,125,000
Strike 435 has a total call value of 6,925,800,000 versus a total put value of 7,359,975,000 Combined total value = 14,285,775,000
Strike 437.5 has a total call value of 7,808,325,000 versus a total put value of 6,642,825,000 Combined total value = 14,451,150,000
Strike 440 has a total call value of 8,740,200,000 versus a total put value of 5,942,475,000 Combined total value = 14,682,675,000
Strike 442.5 has a total call value of 9,850,575,000 versus a total put value of 5,314,575,000 Combined total value = 15,165,150,000
Strike 445 has a total call value of 10,981,425,000 versus a total put value of 4,697,700,000 Combined total value = 15,679,125,000
Strike 447.5 has a total call value of 12,225,150,000 versus a total put value of 4,118,100,000 Combined total value = 16,343,250,000
Strike 450 has a total call value of 13,499,850,000 versus a total put value of 3,538,500,000 Combined total value = 17,038,350,000
Strike 455 has a total call value of 16,797,900,000 versus a total put value of 2,505,300,000 Combined total value = 19,303,200,000
Strike 460 has a total call value of 20,386,800,000 versus a total put value of 1,969,800,000 Combined total value = 22,356,600,000
Strike 465 has a total call value of 25,497,150,000 versus a total put value of 1,598,100,000 Combined total value = 27,095,250,000
Strike 470 has a total call value of 30,958,200,000 versus a total put value of 1,276,800,000 Combined total value = 32,235,000,000
Strike 475 has a total call value of 37,159,500,000 versus a total put value of 1,032,150,000 Combined total value = 38,191,650,000
Strike 480 has a total call value of 44,522,100,000 versus a total put value of 787,500,000 Combined total value = 45,309,600,000
Strike 485 has a total call value of 53,537,400,000 versus a total put value of 623,700,000 Combined total value = 54,161,100,000
Strike 490 has a total call value of 62,794,200,000 versus a total put value of 459,900,000 Combined total value = 63,254,100,000
Strike 495 has a total call value of 72,504,600,000 versus a total put value of 322,350,000 Combined total value = 72,826,950,000
Strike 500 has a total call value of 82,268,550,000 versus a total put value of 184,800,000 Combined total value = 82,453,350,000
Strike 505 has a total call value of 93,094,050,000 versus a total put value of 161,700,000 Combined total value = 93,255,750,000
Strike 510 has a total call value of 103,919,550,000 versus a total put value of 138,600,000 Combined total value = 104,058,150,000
Strike 515 has a total call value of 114,878,400,000 versus a total put value of 115,500,000 Combined total value = 114,993,900,000
Strike 520 has a total call value of 125,863,500,000 versus a total put value of 92,400,000 Combined total value = 125,955,900,000
Strike 525 has a total call value of 137,061,750,000 versus a total put value of 69,300,000 Combined total value = 137,131,050,000
Strike 530 has a total call value of 148,260,000,000 versus a total put value of 46,200,000 Combined total value = 148,306,200,000
Strike 535 has a total call value of 159,588,450,000 versus a total put value of 23,100,000 Combined total value = 159,611,550,000
Strike 540 has a total call value of 170,916,900,000 versus a total put value of 0 Combined total value = 170,916,900,000
Max Pain - Choose a symbol
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C
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E
G
H
I
J
L
M
N
O
P
R
S
T
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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.