FEDERALBNK
FEDERAL BANK LTD
Max pain for FEDERALBNK
28 Mar 2024 03:47 PM IST
Max Pain for FEDERALBNK is 151
Strike 119 has a total call value of 0 versus a total put value of 47,704,500,000 Combined total value = 47,704,500,000
Strike 120 has a total call value of 5,500,000 versus a total put value of 45,965,500,000 Combined total value = 45,971,000,000
Strike 121 has a total call value of 11,000,000 versus a total put value of 44,226,500,000 Combined total value = 44,237,500,000
Strike 122 has a total call value of 16,500,000 versus a total put value of 42,487,500,000 Combined total value = 42,504,000,000
Strike 123 has a total call value of 22,000,000 versus a total put value of 40,748,500,000 Combined total value = 40,770,500,000
Strike 124 has a total call value of 27,500,000 versus a total put value of 39,009,500,000 Combined total value = 39,037,000,000
Strike 125 has a total call value of 33,000,000 versus a total put value of 37,270,500,000 Combined total value = 37,303,500,000
Strike 126 has a total call value of 38,500,000 versus a total put value of 35,531,500,000 Combined total value = 35,570,000,000
Strike 127 has a total call value of 44,000,000 versus a total put value of 33,792,500,000 Combined total value = 33,836,500,000
Strike 128 has a total call value of 49,500,000 versus a total put value of 32,053,500,000 Combined total value = 32,103,000,000
Strike 129 has a total call value of 55,000,000 versus a total put value of 30,314,500,000 Combined total value = 30,369,500,000
Strike 130 has a total call value of 60,500,000 versus a total put value of 28,575,500,000 Combined total value = 28,636,000,000
Strike 131 has a total call value of 66,000,000 versus a total put value of 26,836,500,000 Combined total value = 26,902,500,000
Strike 132 has a total call value of 71,500,000 versus a total put value of 25,097,500,000 Combined total value = 25,169,000,000
Strike 133 has a total call value of 77,000,000 versus a total put value of 23,369,500,000 Combined total value = 23,446,500,000
Strike 134 has a total call value of 82,500,000 versus a total put value of 21,641,500,000 Combined total value = 21,724,000,000
Strike 135 has a total call value of 88,000,000 versus a total put value of 19,913,500,000 Combined total value = 20,001,500,000
Strike 136 has a total call value of 93,500,000 versus a total put value of 18,307,500,000 Combined total value = 18,401,000,000
Strike 137 has a total call value of 99,000,000 versus a total put value of 16,701,500,000 Combined total value = 16,800,500,000
Strike 138 has a total call value of 104,500,000 versus a total put value of 15,117,000,000 Combined total value = 15,221,500,000
Strike 139 has a total call value of 110,000,000 versus a total put value of 13,585,000,000 Combined total value = 13,695,000,000
Strike 140 has a total call value of 115,500,000 versus a total put value of 12,053,000,000 Combined total value = 12,168,500,000
Strike 141 has a total call value of 147,000,000 versus a total put value of 10,917,500,000 Combined total value = 11,064,500,000
Strike 142 has a total call value of 178,500,000 versus a total put value of 9,828,000,000 Combined total value = 10,006,500,000
Strike 143 has a total call value of 210,000,000 versus a total put value of 8,799,000,000 Combined total value = 9,009,000,000
Strike 144 has a total call value of 241,500,000 versus a total put value of 7,809,500,000 Combined total value = 8,051,000,000
Strike 145 has a total call value of 273,000,000 versus a total put value of 6,870,000,000 Combined total value = 7,143,000,000
Strike 146 has a total call value of 368,500,000 versus a total put value of 6,114,500,000 Combined total value = 6,483,000,000
Strike 147 has a total call value of 556,500,000 versus a total put value of 5,407,000,000 Combined total value = 5,963,500,000
Strike 148 has a total call value of 775,500,000 versus a total put value of 4,737,000,000 Combined total value = 5,512,500,000
Strike 149 has a total call value of 1,044,000,000 versus a total put value of 4,134,000,000 Combined total value = 5,178,000,000
Strike 150 has a total call value of 1,351,500,000 versus a total put value of 3,571,000,000 Combined total value = 4,922,500,000
Strike 151 has a total call value of 1,762,500,000 versus a total put value of 3,094,000,000 Combined total value = 4,856,500,000
Strike 152 has a total call value of 2,224,000,000 versus a total put value of 2,645,000,000 Combined total value = 4,869,000,000
Strike 153 has a total call value of 2,754,000,000 versus a total put value of 2,254,000,000 Combined total value = 5,008,000,000
Strike 154 has a total call value of 3,370,000,000 versus a total put value of 1,894,000,000 Combined total value = 5,264,000,000
Strike 155 has a total call value of 4,032,500,000 versus a total put value of 1,575,000,000 Combined total value = 5,607,500,000
Strike 156 has a total call value of 5,141,000,000 versus a total put value of 1,313,500,000 Combined total value = 6,454,500,000
Strike 157 has a total call value of 6,337,500,000 versus a total put value of 1,084,000,000 Combined total value = 7,421,500,000
Strike 158 has a total call value of 7,613,000,000 versus a total put value of 876,500,000 Combined total value = 8,489,500,000
Strike 159 has a total call value of 8,969,500,000 versus a total put value of 687,000,000 Combined total value = 9,656,500,000
Strike 160 has a total call value of 10,444,500,000 versus a total put value of 526,500,000 Combined total value = 10,971,000,000
Strike 161 has a total call value of 12,678,000,000 versus a total put value of 449,000,000 Combined total value = 13,127,000,000
Strike 162 has a total call value of 14,911,500,000 versus a total put value of 371,500,000 Combined total value = 15,283,000,000
Strike 163 has a total call value of 17,145,000,000 versus a total put value of 294,000,000 Combined total value = 17,439,000,000
Strike 164 has a total call value of 19,411,000,000 versus a total put value of 223,000,000 Combined total value = 19,634,000,000
Strike 165 has a total call value of 21,747,500,000 versus a total put value of 152,000,000 Combined total value = 21,899,500,000
Strike 166 has a total call value of 24,378,500,000 versus a total put value of 108,000,000 Combined total value = 24,486,500,000
Strike 167 has a total call value of 27,047,500,000 versus a total put value of 83,500,000 Combined total value = 27,131,000,000
Strike 168 has a total call value of 29,716,500,000 versus a total put value of 59,000,000 Combined total value = 29,775,500,000
Strike 169 has a total call value of 32,407,500,000 versus a total put value of 34,500,000 Combined total value = 32,442,000,000
Strike 170 has a total call value of 35,098,500,000 versus a total put value of 10,000,000 Combined total value = 35,108,500,000
Strike 171 has a total call value of 38,096,500,000 versus a total put value of 9,000,000 Combined total value = 38,105,500,000
Strike 172 has a total call value of 41,094,500,000 versus a total put value of 8,000,000 Combined total value = 41,102,500,000
Strike 173 has a total call value of 44,092,500,000 versus a total put value of 7,000,000 Combined total value = 44,099,500,000
Strike 174 has a total call value of 47,090,500,000 versus a total put value of 6,000,000 Combined total value = 47,096,500,000
Strike 175 has a total call value of 50,088,500,000 versus a total put value of 5,000,000 Combined total value = 50,093,500,000
Strike 176 has a total call value of 53,086,500,000 versus a total put value of 4,000,000 Combined total value = 53,090,500,000
Strike 177 has a total call value of 56,084,500,000 versus a total put value of 3,000,000 Combined total value = 56,087,500,000
Strike 178 has a total call value of 59,082,500,000 versus a total put value of 2,000,000 Combined total value = 59,084,500,000
Strike 179 has a total call value of 62,080,500,000 versus a total put value of 1,000,000 Combined total value = 62,081,500,000
Strike 180 has a total call value of 65,078,500,000 versus a total put value of 0 Combined total value = 65,078,500,000
Strike 181 has a total call value of 68,242,500,000 versus a total put value of 0 Combined total value = 68,242,500,000
Strike 182 has a total call value of 71,419,000,000 versus a total put value of 0 Combined total value = 71,419,000,000
Strike 183 has a total call value of 74,595,500,000 versus a total put value of 0 Combined total value = 74,595,500,000
Max Pain - Choose a symbol
Index
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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.