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GMRINFRA
GMR AIRPORTS INFRA LTD

96.26 -0.65 (-0.67%)

Max pain for GMRINFRA

18 Jul 2024 09:21 AM IST

Max Pain for GMRINFRA is 100  



Strike  92.5  has a total call value of 0  versus a total put value of  7,737,187,500 Combined total value = 7,737,187,500

Strike  93  has a total call value of 0  versus a total put value of  7,221,375,000 Combined total value = 7,221,375,000

Strike  94  has a total call value of 0  versus a total put value of  6,189,750,000 Combined total value = 6,189,750,000

Strike  95  has a total call value of 0  versus a total put value of  5,158,125,000 Combined total value = 5,158,125,000

Strike  96  has a total call value of 0  versus a total put value of  4,126,500,000 Combined total value = 4,126,500,000

Strike  97  has a total call value of 0  versus a total put value of  3,094,875,000 Combined total value = 3,094,875,000

Strike  97.5  has a total call value of 0  versus a total put value of  2,579,062,500 Combined total value = 2,579,062,500

Strike  98  has a total call value of 0  versus a total put value of  2,063,250,000 Combined total value = 2,063,250,000

Strike  99  has a total call value of 678,375,000  versus a total put value of  1,031,625,000 Combined total value = 1,710,000,000

Strike  100  has a total call value of 1,356,750,000  versus a total put value of  0 Combined total value = 1,356,750,000

Strike  101  has a total call value of 6,192,000,000  versus a total put value of  0 Combined total value = 6,192,000,000

Strike  102  has a total call value of 11,027,250,000  versus a total put value of  0 Combined total value = 11,027,250,000

Strike  102.5  has a total call value of 13,674,937,500  versus a total put value of  0 Combined total value = 13,674,937,500

Strike  103  has a total call value of 16,322,625,000  versus a total put value of  0 Combined total value = 16,322,625,000

Strike  104  has a total call value of 21,618,000,000  versus a total put value of  0 Combined total value = 21,618,000,000

Strike  105  has a total call value of 26,913,375,000  versus a total put value of  0 Combined total value = 26,913,375,000

Strike  106  has a total call value of 33,892,875,000  versus a total put value of  0 Combined total value = 33,892,875,000

Strike  107.5  has a total call value of 44,362,125,000  versus a total put value of  0 Combined total value = 44,362,125,000

Strike  108  has a total call value of 47,851,875,000  versus a total put value of  0 Combined total value = 47,851,875,000

Strike  110  has a total call value of 61,810,875,000  versus a total put value of  0 Combined total value = 61,810,875,000

Strike  112  has a total call value of 79,903,125,000  versus a total put value of  0 Combined total value = 79,903,125,000

Strike  112.5  has a total call value of 84,426,187,500  versus a total put value of  0 Combined total value = 84,426,187,500

Strike  113  has a total call value of 88,949,250,000  versus a total put value of  0 Combined total value = 88,949,250,000

Strike  115  has a total call value of 107,041,500,000  versus a total put value of  0 Combined total value = 107,041,500,000

All Max-Pain Table

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.