EXIDEIND
EXIDE INDUSTRIES LTD
Max pain for EXIDEIND
19 Apr 2024 04:16 PM IST
Max Pain for EXIDEIND is 405
Strike 260 has a total call value of 0 versus a total put value of 272,912,400,000 Combined total value = 272,912,400,000
Strike 265 has a total call value of 0 versus a total put value of 261,093,600,000 Combined total value = 261,093,600,000
Strike 270 has a total call value of 0 versus a total put value of 249,274,800,000 Combined total value = 249,274,800,000
Strike 275 has a total call value of 0 versus a total put value of 237,540,600,000 Combined total value = 237,540,600,000
Strike 280 has a total call value of 0 versus a total put value of 225,806,400,000 Combined total value = 225,806,400,000
Strike 285 has a total call value of 1,800,000 versus a total put value of 214,124,400,000 Combined total value = 214,126,200,000
Strike 290 has a total call value of 5,400,000 versus a total put value of 202,442,400,000 Combined total value = 202,447,800,000
Strike 295 has a total call value of 27,000,000 versus a total put value of 190,760,400,000 Combined total value = 190,787,400,000
Strike 300 has a total call value of 52,200,000 versus a total put value of 179,101,800,000 Combined total value = 179,154,000,000
Strike 305 has a total call value of 77,400,000 versus a total put value of 167,661,000,000 Combined total value = 167,738,400,000
Strike 310 has a total call value of 151,200,000 versus a total put value of 156,317,400,000 Combined total value = 156,468,600,000
Strike 315 has a total call value of 320,400,000 versus a total put value of 145,200,600,000 Combined total value = 145,521,000,000
Strike 320 has a total call value of 489,600,000 versus a total put value of 134,175,600,000 Combined total value = 134,665,200,000
Strike 325 has a total call value of 842,400,000 versus a total put value of 123,699,600,000 Combined total value = 124,542,000,000
Strike 330 has a total call value of 1,195,200,000 versus a total put value of 113,502,600,000 Combined total value = 114,697,800,000
Strike 335 has a total call value of 1,756,800,000 versus a total put value of 104,216,400,000 Combined total value = 105,973,200,000
Strike 340 has a total call value of 2,433,600,000 versus a total put value of 95,137,200,000 Combined total value = 97,570,800,000
Strike 345 has a total call value of 3,110,400,000 versus a total put value of 86,727,600,000 Combined total value = 89,838,000,000
Strike 350 has a total call value of 3,902,400,000 versus a total put value of 78,609,600,000 Combined total value = 82,512,000,000
Strike 355 has a total call value of 4,984,200,000 versus a total put value of 71,379,000,000 Combined total value = 76,363,200,000
Strike 360 has a total call value of 6,066,000,000 versus a total put value of 64,148,400,000 Combined total value = 70,214,400,000
Strike 365 has a total call value of 7,578,000,000 versus a total put value of 57,688,200,000 Combined total value = 65,266,200,000
Strike 370 has a total call value of 9,090,000,000 versus a total put value of 51,330,600,000 Combined total value = 60,420,600,000
Strike 375 has a total call value of 10,884,600,000 versus a total put value of 45,696,600,000 Combined total value = 56,581,200,000
Strike 380 has a total call value of 12,679,200,000 versus a total put value of 40,282,200,000 Combined total value = 52,961,400,000
Strike 385 has a total call value of 15,048,000,000 versus a total put value of 35,604,000,000 Combined total value = 50,652,000,000
Strike 390 has a total call value of 17,596,800,000 versus a total put value of 31,039,200,000 Combined total value = 48,636,000,000
Strike 395 has a total call value of 20,462,400,000 versus a total put value of 26,820,000,000 Combined total value = 47,282,400,000
Strike 400 has a total call value of 23,328,000,000 versus a total put value of 22,834,800,000 Combined total value = 46,162,800,000
Strike 405 has a total call value of 26,685,000,000 versus a total put value of 19,407,600,000 Combined total value = 46,092,600,000
Strike 410 has a total call value of 30,141,000,000 versus a total put value of 16,234,200,000 Combined total value = 46,375,200,000
Strike 415 has a total call value of 33,904,800,000 versus a total put value of 13,586,400,000 Combined total value = 47,491,200,000
Strike 420 has a total call value of 37,782,000,000 versus a total put value of 11,071,800,000 Combined total value = 48,853,800,000
Strike 425 has a total call value of 42,184,800,000 versus a total put value of 8,962,200,000 Combined total value = 51,147,000,000
Strike 430 has a total call value of 46,695,600,000 versus a total put value of 7,045,200,000 Combined total value = 53,740,800,000
Strike 435 has a total call value of 51,481,800,000 versus a total put value of 5,425,200,000 Combined total value = 56,907,000,000
Strike 440 has a total call value of 56,343,600,000 versus a total put value of 3,924,000,000 Combined total value = 60,267,600,000
Strike 445 has a total call value of 61,407,000,000 versus a total put value of 2,851,200,000 Combined total value = 64,258,200,000
Strike 450 has a total call value of 66,544,200,000 versus a total put value of 1,872,000,000 Combined total value = 68,416,200,000
Strike 455 has a total call value of 72,415,800,000 versus a total put value of 1,341,000,000 Combined total value = 73,756,800,000
Strike 460 has a total call value of 78,445,800,000 versus a total put value of 874,800,000 Combined total value = 79,320,600,000
Strike 465 has a total call value of 85,555,800,000 versus a total put value of 585,000,000 Combined total value = 86,140,800,000
Strike 470 has a total call value of 93,006,000,000 versus a total put value of 360,000,000 Combined total value = 93,366,000,000
Strike 475 has a total call value of 101,628,000,000 versus a total put value of 241,200,000 Combined total value = 101,869,200,000
Strike 480 has a total call value of 111,173,400,000 versus a total put value of 160,200,000 Combined total value = 111,333,600,000
Strike 485 has a total call value of 121,413,600,000 versus a total put value of 115,200,000 Combined total value = 121,528,800,000
Strike 490 has a total call value of 131,976,000,000 versus a total put value of 75,600,000 Combined total value = 132,051,600,000
Strike 495 has a total call value of 142,986,600,000 versus a total put value of 48,600,000 Combined total value = 143,035,200,000
Strike 500 has a total call value of 154,071,000,000 versus a total put value of 21,600,000 Combined total value = 154,092,600,000
Strike 505 has a total call value of 166,318,200,000 versus a total put value of 10,800,000 Combined total value = 166,329,000,000
Strike 510 has a total call value of 178,565,400,000 versus a total put value of 0 Combined total value = 178,565,400,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
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.