COFORGE
COFORGE LIMITED
Max pain for COFORGE
19 Apr 2024 10:02 AM IST
Max Pain for COFORGE is 5500
Strike 4600 has a total call value of 0 versus a total put value of 53,271,000,000 Combined total value = 53,271,000,000
Strike 4700 has a total call value of 0 versus a total put value of 46,597,500,000 Combined total value = 46,597,500,000
Strike 4800 has a total call value of 0 versus a total put value of 39,973,500,000 Combined total value = 39,973,500,000
Strike 4900 has a total call value of 0 versus a total put value of 33,810,000,000 Combined total value = 33,810,000,000
Strike 5000 has a total call value of 0 versus a total put value of 27,865,500,000 Combined total value = 27,865,500,000
Strike 5100 has a total call value of 0 versus a total put value of 22,836,000,000 Combined total value = 22,836,000,000
Strike 5200 has a total call value of 79,500,000 versus a total put value of 18,180,000,000 Combined total value = 18,259,500,000
Strike 5300 has a total call value of 672,000,000 versus a total put value of 14,106,000,000 Combined total value = 14,778,000,000
Strike 5400 has a total call value of 2,280,000,000 versus a total put value of 10,360,500,000 Combined total value = 12,640,500,000
Strike 5500 has a total call value of 4,930,500,000 versus a total put value of 6,934,500,000 Combined total value = 11,865,000,000
Strike 5600 has a total call value of 9,526,500,000 versus a total put value of 4,155,000,000 Combined total value = 13,681,500,000
Strike 5700 has a total call value of 15,622,500,000 versus a total put value of 2,031,000,000 Combined total value = 17,653,500,000
Strike 5800 has a total call value of 23,353,500,000 versus a total put value of 1,039,500,000 Combined total value = 24,393,000,000
Strike 5900 has a total call value of 33,091,500,000 versus a total put value of 468,000,000 Combined total value = 33,559,500,000
Strike 6000 has a total call value of 43,993,500,000 versus a total put value of 0 Combined total value = 43,993,500,000
Strike 6100 has a total call value of 59,107,500,000 versus a total put value of 0 Combined total value = 59,107,500,000
Strike 6200 has a total call value of 74,767,500,000 versus a total put value of 0 Combined total value = 74,767,500,000
Strike 6300 has a total call value of 91,233,000,000 versus a total put value of 0 Combined total value = 91,233,000,000
Strike 6400 has a total call value of 108,556,500,000 versus a total put value of 0 Combined total value = 108,556,500,000
Strike 6500 has a total call value of 126,241,500,000 versus a total put value of 0 Combined total value = 126,241,500,000
Strike 6600 has a total call value of 144,786,000,000 versus a total put value of 0 Combined total value = 144,786,000,000
Strike 6700 has a total call value of 163,584,000,000 versus a total put value of 0 Combined total value = 163,584,000,000
Strike 6800 has a total call value of 182,766,000,000 versus a total put value of 0 Combined total value = 182,766,000,000
Max Pain - Choose a symbol
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M
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O
P
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T
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.