GMRINFRA
GMR AIRPORTS INFRA LTD
Max pain for GMRINFRA
16 Apr 2024 11:31 AM IST
Max Pain for GMRINFRA is 83
Strike 62 has a total call value of 0 versus a total put value of 78,489,000,000 Combined total value = 78,489,000,000
Strike 63 has a total call value of 2,250,000 versus a total put value of 74,180,250,000 Combined total value = 74,182,500,000
Strike 64 has a total call value of 4,500,000 versus a total put value of 69,871,500,000 Combined total value = 69,876,000,000
Strike 65 has a total call value of 6,750,000 versus a total put value of 65,572,875,000 Combined total value = 65,579,625,000
Strike 66 has a total call value of 9,000,000 versus a total put value of 61,312,500,000 Combined total value = 61,321,500,000
Strike 67 has a total call value of 11,250,000 versus a total put value of 57,052,125,000 Combined total value = 57,063,375,000
Strike 68 has a total call value of 13,500,000 versus a total put value of 52,791,750,000 Combined total value = 52,805,250,000
Strike 69 has a total call value of 15,750,000 versus a total put value of 48,550,500,000 Combined total value = 48,566,250,000
Strike 70 has a total call value of 18,000,000 versus a total put value of 44,309,250,000 Combined total value = 44,327,250,000
Strike 71 has a total call value of 93,375,000 versus a total put value of 40,344,750,000 Combined total value = 40,438,125,000
Strike 72 has a total call value of 168,750,000 versus a total put value of 36,380,250,000 Combined total value = 36,549,000,000
Strike 73 has a total call value of 244,125,000 versus a total put value of 32,504,625,000 Combined total value = 32,748,750,000
Strike 74 has a total call value of 320,625,000 versus a total put value of 28,666,125,000 Combined total value = 28,986,750,000
Strike 75 has a total call value of 402,750,000 versus a total put value of 24,869,250,000 Combined total value = 25,272,000,000
Strike 76 has a total call value of 534,375,000 versus a total put value of 21,466,125,000 Combined total value = 22,000,500,000
Strike 77 has a total call value of 671,625,000 versus a total put value of 18,166,500,000 Combined total value = 18,838,125,000
Strike 78 has a total call value of 829,125,000 versus a total put value of 14,972,625,000 Combined total value = 15,801,750,000
Strike 79 has a total call value of 1,066,500,000 versus a total put value of 11,961,000,000 Combined total value = 13,027,500,000
Strike 80 has a total call value of 1,355,625,000 versus a total put value of 9,064,125,000 Combined total value = 10,419,750,000
Strike 81 has a total call value of 2,385,000,000 versus a total put value of 7,041,375,000 Combined total value = 9,426,375,000
Strike 82 has a total call value of 3,578,625,000 versus a total put value of 5,248,125,000 Combined total value = 8,826,750,000
Strike 83 has a total call value of 5,023,125,000 versus a total put value of 3,597,750,000 Combined total value = 8,620,875,000
Strike 84 has a total call value of 6,711,750,000 versus a total put value of 2,086,875,000 Combined total value = 8,798,625,000
Strike 85 has a total call value of 8,622,000,000 versus a total put value of 1,152,000,000 Combined total value = 9,774,000,000
Strike 86 has a total call value of 12,223,125,000 versus a total put value of 639,000,000 Combined total value = 12,862,125,000
Strike 87 has a total call value of 16,135,875,000 versus a total put value of 417,375,000 Combined total value = 16,553,250,000
Strike 88 has a total call value of 20,234,250,000 versus a total put value of 263,250,000 Combined total value = 20,497,500,000
Strike 89 has a total call value of 24,580,125,000 versus a total put value of 131,625,000 Combined total value = 24,711,750,000
Strike 90 has a total call value of 29,100,375,000 versus a total put value of 0 Combined total value = 29,100,375,000
Strike 91 has a total call value of 35,053,875,000 versus a total put value of 0 Combined total value = 35,053,875,000
Strike 92 has a total call value of 41,131,125,000 versus a total put value of 0 Combined total value = 41,131,125,000
Strike 93 has a total call value of 47,360,250,000 versus a total put value of 0 Combined total value = 47,360,250,000
Strike 94 has a total call value of 53,653,500,000 versus a total put value of 0 Combined total value = 53,653,500,000
Strike 95 has a total call value of 60,255,000,000 versus a total put value of 0 Combined total value = 60,255,000,000
Strike 96 has a total call value of 67,447,125,000 versus a total put value of 0 Combined total value = 67,447,125,000
Strike 97 has a total call value of 74,670,750,000 versus a total put value of 0 Combined total value = 74,670,750,000
Strike 98 has a total call value of 81,894,375,000 versus a total put value of 0 Combined total value = 81,894,375,000
Strike 99 has a total call value of 89,345,250,000 versus a total put value of 0 Combined total value = 89,345,250,000
Strike 100 has a total call value of 96,796,125,000 versus a total put value of 0 Combined total value = 96,796,125,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
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.