FEDERALBNK
FEDERAL BANK LTD
Max pain for FEDERALBNK
29 Nov 2023 04:16 PM IST
Max Pain for FEDERALBNK is 147
Strike 118 has a total call value of 0 versus a total put value of 45,085,000,000 Combined total value = 45,085,000,000
Strike 119 has a total call value of 1,000,000 versus a total put value of 43,242,000,000 Combined total value = 43,243,000,000
Strike 120 has a total call value of 2,000,000 versus a total put value of 41,399,000,000 Combined total value = 41,401,000,000
Strike 121 has a total call value of 3,000,000 versus a total put value of 39,566,000,000 Combined total value = 39,569,000,000
Strike 122 has a total call value of 4,000,000 versus a total put value of 37,733,000,000 Combined total value = 37,737,000,000
Strike 123 has a total call value of 5,000,000 versus a total put value of 35,900,000,000 Combined total value = 35,905,000,000
Strike 124 has a total call value of 6,000,000 versus a total put value of 34,067,000,000 Combined total value = 34,073,000,000
Strike 125 has a total call value of 7,000,000 versus a total put value of 32,234,000,000 Combined total value = 32,241,000,000
Strike 126 has a total call value of 8,000,000 versus a total put value of 30,401,000,000 Combined total value = 30,409,000,000
Strike 127 has a total call value of 9,000,000 versus a total put value of 28,581,000,000 Combined total value = 28,590,000,000
Strike 128 has a total call value of 10,000,000 versus a total put value of 26,761,000,000 Combined total value = 26,771,000,000
Strike 129 has a total call value of 11,000,000 versus a total put value of 24,941,000,000 Combined total value = 24,952,000,000
Strike 130 has a total call value of 12,000,000 versus a total put value of 23,121,000,000 Combined total value = 23,133,000,000
Strike 131 has a total call value of 30,000,000 versus a total put value of 21,445,000,000 Combined total value = 21,475,000,000
Strike 132 has a total call value of 48,000,000 versus a total put value of 19,769,000,000 Combined total value = 19,817,000,000
Strike 133 has a total call value of 67,000,000 versus a total put value of 18,093,000,000 Combined total value = 18,160,000,000
Strike 134 has a total call value of 86,000,000 versus a total put value of 16,417,000,000 Combined total value = 16,503,000,000
Strike 135 has a total call value of 105,000,000 versus a total put value of 14,773,000,000 Combined total value = 14,878,000,000
Strike 136 has a total call value of 153,000,000 versus a total put value of 13,279,000,000 Combined total value = 13,432,000,000
Strike 137 has a total call value of 201,000,000 versus a total put value of 11,816,000,000 Combined total value = 12,017,000,000
Strike 138 has a total call value of 249,000,000 versus a total put value of 10,372,500,000 Combined total value = 10,621,500,000
Strike 139 has a total call value of 315,500,000 versus a total put value of 8,983,000,000 Combined total value = 9,298,500,000
Strike 140 has a total call value of 394,000,000 versus a total put value of 7,624,000,000 Combined total value = 8,018,000,000
Strike 141 has a total call value of 546,000,000 versus a total put value of 6,587,500,000 Combined total value = 7,133,500,000
Strike 142 has a total call value of 698,000,000 versus a total put value of 5,604,000,000 Combined total value = 6,302,000,000
Strike 143 has a total call value of 928,500,000 versus a total put value of 4,682,500,000 Combined total value = 5,611,000,000
Strike 144 has a total call value of 1,203,000,000 versus a total put value of 3,816,500,000 Combined total value = 5,019,500,000
Strike 145 has a total call value of 1,502,000,000 versus a total put value of 2,985,000,000 Combined total value = 4,487,000,000
Strike 146 has a total call value of 1,938,500,000 versus a total put value of 2,330,500,000 Combined total value = 4,269,000,000
Strike 147 has a total call value of 2,402,500,000 versus a total put value of 1,764,500,000 Combined total value = 4,167,000,000
Strike 148 has a total call value of 2,919,500,000 versus a total put value of 1,301,000,000 Combined total value = 4,220,500,000
Strike 149 has a total call value of 3,538,000,000 versus a total put value of 909,500,000 Combined total value = 4,447,500,000
Strike 150 has a total call value of 4,213,000,000 versus a total put value of 588,000,000 Combined total value = 4,801,000,000
Strike 151 has a total call value of 5,324,000,000 versus a total put value of 457,000,000 Combined total value = 5,781,000,000
Strike 152 has a total call value of 6,567,500,000 versus a total put value of 339,500,000 Combined total value = 6,907,000,000
Strike 153 has a total call value of 7,965,000,000 versus a total put value of 239,500,000 Combined total value = 8,204,500,000
Strike 154 has a total call value of 9,486,000,000 versus a total put value of 168,500,000 Combined total value = 9,654,500,000
Strike 155 has a total call value of 11,079,000,000 versus a total put value of 115,000,000 Combined total value = 11,194,000,000
Strike 156 has a total call value of 13,056,500,000 versus a total put value of 93,000,000 Combined total value = 13,149,500,000
Strike 157 has a total call value of 15,091,000,000 versus a total put value of 71,000,000 Combined total value = 15,162,000,000
Strike 158 has a total call value of 17,174,500,000 versus a total put value of 49,000,000 Combined total value = 17,223,500,000
Strike 159 has a total call value of 19,312,000,000 versus a total put value of 27,000,000 Combined total value = 19,339,000,000
Strike 160 has a total call value of 21,449,500,000 versus a total put value of 5,000,000 Combined total value = 21,454,500,000
Strike 161 has a total call value of 23,912,500,000 versus a total put value of 4,500,000 Combined total value = 23,917,000,000
Strike 162 has a total call value of 26,375,500,000 versus a total put value of 4,000,000 Combined total value = 26,379,500,000
Strike 163 has a total call value of 28,838,500,000 versus a total put value of 3,500,000 Combined total value = 28,842,000,000
Strike 164 has a total call value of 31,301,500,000 versus a total put value of 3,000,000 Combined total value = 31,304,500,000
Strike 165 has a total call value of 33,764,500,000 versus a total put value of 2,500,000 Combined total value = 33,767,000,000
Strike 166 has a total call value of 36,227,500,000 versus a total put value of 2,000,000 Combined total value = 36,229,500,000
Strike 167 has a total call value of 38,690,500,000 versus a total put value of 1,500,000 Combined total value = 38,692,000,000
Strike 168 has a total call value of 41,153,500,000 versus a total put value of 1,000,000 Combined total value = 41,154,500,000
Strike 169 has a total call value of 43,616,500,000 versus a total put value of 500,000 Combined total value = 43,617,000,000
Strike 170 has a total call value of 46,079,500,000 versus a total put value of 0 Combined total value = 46,079,500,000
Max Pain - Choose a symbol
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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.