FEDERALBNK
FEDERAL BANK LTD
Max pain for FEDERALBNK
19 Apr 2024 04:16 PM IST
Max Pain for FEDERALBNK is 153
Strike 119 has a total call value of 0 versus a total put value of 72,840,000,000 Combined total value = 72,840,000,000
Strike 120 has a total call value of 0 versus a total put value of 70,397,500,000 Combined total value = 70,397,500,000
Strike 121 has a total call value of 0 versus a total put value of 67,964,500,000 Combined total value = 67,964,500,000
Strike 122 has a total call value of 0 versus a total put value of 65,531,500,000 Combined total value = 65,531,500,000
Strike 123 has a total call value of 0 versus a total put value of 63,098,500,000 Combined total value = 63,098,500,000
Strike 124 has a total call value of 0 versus a total put value of 60,665,500,000 Combined total value = 60,665,500,000
Strike 125 has a total call value of 0 versus a total put value of 58,232,500,000 Combined total value = 58,232,500,000
Strike 126 has a total call value of 0 versus a total put value of 55,799,500,000 Combined total value = 55,799,500,000
Strike 127 has a total call value of 0 versus a total put value of 53,366,500,000 Combined total value = 53,366,500,000
Strike 128 has a total call value of 0 versus a total put value of 50,933,500,000 Combined total value = 50,933,500,000
Strike 129 has a total call value of 0 versus a total put value of 48,500,500,000 Combined total value = 48,500,500,000
Strike 130 has a total call value of 0 versus a total put value of 46,067,500,000 Combined total value = 46,067,500,000
Strike 131 has a total call value of 0 versus a total put value of 43,745,500,000 Combined total value = 43,745,500,000
Strike 132 has a total call value of 0 versus a total put value of 41,423,500,000 Combined total value = 41,423,500,000
Strike 133 has a total call value of 0 versus a total put value of 39,107,000,000 Combined total value = 39,107,000,000
Strike 134 has a total call value of 0 versus a total put value of 36,790,500,000 Combined total value = 36,790,500,000
Strike 135 has a total call value of 1,500,000 versus a total put value of 34,493,000,000 Combined total value = 34,494,500,000
Strike 136 has a total call value of 3,000,000 versus a total put value of 32,243,500,000 Combined total value = 32,246,500,000
Strike 137 has a total call value of 4,500,000 versus a total put value of 29,994,000,000 Combined total value = 29,998,500,000
Strike 138 has a total call value of 6,000,000 versus a total put value of 27,744,500,000 Combined total value = 27,750,500,000
Strike 139 has a total call value of 7,500,000 versus a total put value of 25,513,000,000 Combined total value = 25,520,500,000
Strike 140 has a total call value of 9,000,000 versus a total put value of 23,307,500,000 Combined total value = 23,316,500,000
Strike 141 has a total call value of 25,500,000 versus a total put value of 21,331,000,000 Combined total value = 21,356,500,000
Strike 142 has a total call value of 42,000,000 versus a total put value of 19,374,000,000 Combined total value = 19,416,000,000
Strike 143 has a total call value of 58,500,000 versus a total put value of 17,434,500,000 Combined total value = 17,493,000,000
Strike 144 has a total call value of 76,000,000 versus a total put value of 15,527,000,000 Combined total value = 15,603,000,000
Strike 145 has a total call value of 95,000,000 versus a total put value of 13,653,000,000 Combined total value = 13,748,000,000
Strike 146 has a total call value of 156,000,000 versus a total put value of 11,980,000,000 Combined total value = 12,136,000,000
Strike 147 has a total call value of 220,000,000 versus a total put value of 10,364,000,000 Combined total value = 10,584,000,000
Strike 148 has a total call value of 288,500,000 versus a total put value of 8,799,000,000 Combined total value = 9,087,500,000
Strike 149 has a total call value of 369,500,000 versus a total put value of 7,309,000,000 Combined total value = 7,678,500,000
Strike 150 has a total call value of 482,000,000 versus a total put value of 5,896,500,000 Combined total value = 6,378,500,000
Strike 151 has a total call value of 881,000,000 versus a total put value of 4,930,500,000 Combined total value = 5,811,500,000
Strike 152 has a total call value of 1,333,500,000 versus a total put value of 4,051,000,000 Combined total value = 5,384,500,000
Strike 153 has a total call value of 1,892,500,000 versus a total put value of 3,305,500,000 Combined total value = 5,198,000,000
Strike 154 has a total call value of 2,565,000,000 versus a total put value of 2,646,000,000 Combined total value = 5,211,000,000
Strike 155 has a total call value of 3,335,500,000 versus a total put value of 2,042,000,000 Combined total value = 5,377,500,000
Strike 156 has a total call value of 4,594,500,000 versus a total put value of 1,595,500,000 Combined total value = 6,190,000,000
Strike 157 has a total call value of 5,963,000,000 versus a total put value of 1,200,000,000 Combined total value = 7,163,000,000
Strike 158 has a total call value of 7,436,500,000 versus a total put value of 842,500,000 Combined total value = 8,279,000,000
Strike 159 has a total call value of 9,145,000,000 versus a total put value of 583,500,000 Combined total value = 9,728,500,000
Strike 160 has a total call value of 11,006,000,000 versus a total put value of 347,500,000 Combined total value = 11,353,500,000
Strike 161 has a total call value of 14,075,000,000 versus a total put value of 284,000,000 Combined total value = 14,359,000,000
Strike 162 has a total call value of 17,299,500,000 versus a total put value of 238,000,000 Combined total value = 17,537,500,000
Strike 163 has a total call value of 20,711,000,000 versus a total put value of 192,000,000 Combined total value = 20,903,000,000
Strike 164 has a total call value of 24,260,500,000 versus a total put value of 146,000,000 Combined total value = 24,406,500,000
Strike 165 has a total call value of 27,890,500,000 versus a total put value of 100,000,000 Combined total value = 27,990,500,000
Strike 166 has a total call value of 31,933,000,000 versus a total put value of 80,000,000 Combined total value = 32,013,000,000
Strike 167 has a total call value of 36,022,500,000 versus a total put value of 60,000,000 Combined total value = 36,082,500,000
Strike 168 has a total call value of 40,152,500,000 versus a total put value of 40,000,000 Combined total value = 40,192,500,000
Strike 169 has a total call value of 44,318,000,000 versus a total put value of 20,000,000 Combined total value = 44,338,000,000
Strike 170 has a total call value of 48,501,500,000 versus a total put value of 0 Combined total value = 48,501,500,000
Strike 171 has a total call value of 53,072,500,000 versus a total put value of 0 Combined total value = 53,072,500,000
Strike 172 has a total call value of 57,650,500,000 versus a total put value of 0 Combined total value = 57,650,500,000
Strike 173 has a total call value of 62,264,000,000 versus a total put value of 0 Combined total value = 62,264,000,000
Strike 174 has a total call value of 66,877,500,000 versus a total put value of 0 Combined total value = 66,877,500,000
Strike 175 has a total call value of 71,522,000,000 versus a total put value of 0 Combined total value = 71,522,000,000
Strike 176 has a total call value of 76,166,500,000 versus a total put value of 0 Combined total value = 76,166,500,000
Strike 177 has a total call value of 80,891,500,000 versus a total put value of 0 Combined total value = 80,891,500,000
Strike 178 has a total call value of 85,616,500,000 versus a total put value of 0 Combined total value = 85,616,500,000
Strike 179 has a total call value of 90,341,500,000 versus a total put value of 0 Combined total value = 90,341,500,000
Strike 180 has a total call value of 95,066,500,000 versus a total put value of 0 Combined total value = 95,066,500,000
Strike 181 has a total call value of 100,040,000,000 versus a total put value of 0 Combined total value = 100,040,000,000
Strike 182 has a total call value of 105,013,500,000 versus a total put value of 0 Combined total value = 105,013,500,000
Max Pain - Choose a symbol
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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.