EXIDEIND
EXIDE INDUSTRIES LTD
Max pain for EXIDEIND
28 Mar 2024 01:47 PM IST
Max Pain for EXIDEIND is 315
Strike 250 has a total call value of 0 versus a total put value of 13,252,500,000 Combined total value = 13,252,500,000
Strike 255 has a total call value of 0 versus a total put value of 11,956,500,000 Combined total value = 11,956,500,000
Strike 260 has a total call value of 0 versus a total put value of 10,660,500,000 Combined total value = 10,660,500,000
Strike 262.5 has a total call value of 0 versus a total put value of 10,031,400,000 Combined total value = 10,031,400,000
Strike 265 has a total call value of 0 versus a total put value of 9,402,300,000 Combined total value = 9,402,300,000
Strike 267.5 has a total call value of 0 versus a total put value of 8,773,200,000 Combined total value = 8,773,200,000
Strike 270 has a total call value of 0 versus a total put value of 8,144,100,000 Combined total value = 8,144,100,000
Strike 272.5 has a total call value of 0 versus a total put value of 7,574,400,000 Combined total value = 7,574,400,000
Strike 275 has a total call value of 0 versus a total put value of 7,004,700,000 Combined total value = 7,004,700,000
Strike 277.5 has a total call value of 0 versus a total put value of 6,435,000,000 Combined total value = 6,435,000,000
Strike 280 has a total call value of 0 versus a total put value of 5,865,300,000 Combined total value = 5,865,300,000
Strike 282.5 has a total call value of 8,100,000 versus a total put value of 5,342,400,000 Combined total value = 5,350,500,000
Strike 285 has a total call value of 16,200,000 versus a total put value of 4,819,500,000 Combined total value = 4,835,700,000
Strike 287.5 has a total call value of 24,300,000 versus a total put value of 4,318,200,000 Combined total value = 4,342,500,000
Strike 290 has a total call value of 32,400,000 versus a total put value of 3,816,900,000 Combined total value = 3,849,300,000
Strike 292.5 has a total call value of 62,100,000 versus a total put value of 3,435,300,000 Combined total value = 3,497,400,000
Strike 295 has a total call value of 91,800,000 versus a total put value of 3,053,700,000 Combined total value = 3,145,500,000
Strike 297.5 has a total call value of 121,500,000 versus a total put value of 2,726,100,000 Combined total value = 2,847,600,000
Strike 300 has a total call value of 151,200,000 versus a total put value of 2,398,500,000 Combined total value = 2,549,700,000
Strike 302.5 has a total call value of 223,200,000 versus a total put value of 2,152,800,000 Combined total value = 2,376,000,000
Strike 305 has a total call value of 295,200,000 versus a total put value of 1,907,100,000 Combined total value = 2,202,300,000
Strike 307.5 has a total call value of 405,900,000 versus a total put value of 1,689,300,000 Combined total value = 2,095,200,000
Strike 310 has a total call value of 516,600,000 versus a total put value of 1,471,500,000 Combined total value = 1,988,100,000
Strike 312.5 has a total call value of 698,400,000 versus a total put value of 1,279,800,000 Combined total value = 1,978,200,000
Strike 315 has a total call value of 880,200,000 versus a total put value of 1,088,100,000 Combined total value = 1,968,300,000
Strike 317.5 has a total call value of 1,135,800,000 versus a total put value of 918,000,000 Combined total value = 2,053,800,000
Strike 320 has a total call value of 1,391,400,000 versus a total put value of 747,900,000 Combined total value = 2,139,300,000
Strike 322.5 has a total call value of 1,709,100,000 versus a total put value of 615,600,000 Combined total value = 2,324,700,000
Strike 325 has a total call value of 2,026,800,000 versus a total put value of 486,000,000 Combined total value = 2,512,800,000
Strike 327.5 has a total call value of 2,394,900,000 versus a total put value of 378,000,000 Combined total value = 2,772,900,000
Strike 330 has a total call value of 2,763,000,000 versus a total put value of 270,000,000 Combined total value = 3,033,000,000
Strike 332.5 has a total call value of 3,341,700,000 versus a total put value of 213,300,000 Combined total value = 3,555,000,000
Strike 335 has a total call value of 3,920,400,000 versus a total put value of 156,600,000 Combined total value = 4,077,000,000
Strike 337.5 has a total call value of 4,569,300,000 versus a total put value of 111,600,000 Combined total value = 4,680,900,000
Strike 340 has a total call value of 5,218,200,000 versus a total put value of 66,600,000 Combined total value = 5,284,800,000
Strike 342.5 has a total call value of 6,030,000,000 versus a total put value of 46,800,000 Combined total value = 6,076,800,000
Strike 345 has a total call value of 6,841,800,000 versus a total put value of 27,000,000 Combined total value = 6,868,800,000
Strike 347.5 has a total call value of 7,674,300,000 versus a total put value of 13,500,000 Combined total value = 7,687,800,000
Strike 350 has a total call value of 8,506,800,000 versus a total put value of 0 Combined total value = 8,506,800,000
Strike 352.5 has a total call value of 9,487,800,000 versus a total put value of 0 Combined total value = 9,487,800,000
Strike 355 has a total call value of 10,468,800,000 versus a total put value of 0 Combined total value = 10,468,800,000
Strike 357.5 has a total call value of 11,449,800,000 versus a total put value of 0 Combined total value = 11,449,800,000
Strike 360 has a total call value of 12,430,800,000 versus a total put value of 0 Combined total value = 12,430,800,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.