`
[--[65.84.65.76]--]
GNFC
Guj Nar Val Fer & Chem L

647.7 -0.80 (-0.12%)

Max pain for GNFC

11 Oct 2024 04:13 PM IST

Max Pain for GNFC is 680  



Strike  600  has a total call value of 0  versus a total put value of  4,175,990,000 Combined total value = 4,175,990,000

Strike  603.5  has a total call value of 455,000  versus a total put value of  3,918,005,000 Combined total value = 3,918,460,000

Strike  610  has a total call value of 1,300,000  versus a total put value of  3,438,890,000 Combined total value = 3,440,190,000

Strike  613.5  has a total call value of 9,490,000  versus a total put value of  3,180,905,000 Combined total value = 3,190,395,000

Strike  620  has a total call value of 24,700,000  versus a total put value of  2,701,790,000 Combined total value = 2,726,490,000

Strike  623.5  has a total call value of 33,345,000  versus a total put value of  2,505,685,000 Combined total value = 2,539,030,000

Strike  630  has a total call value of 49,400,000  versus a total put value of  2,141,490,000 Combined total value = 2,190,890,000

Strike  633.5  has a total call value of 58,045,000  versus a total put value of  2,027,740,000 Combined total value = 2,085,785,000

Strike  640  has a total call value of 74,100,000  versus a total put value of  1,816,490,000 Combined total value = 1,890,590,000

Strike  643.5  has a total call value of 82,745,000  versus a total put value of  1,702,740,000 Combined total value = 1,785,485,000

Strike  650  has a total call value of 98,800,000  versus a total put value of  1,491,490,000 Combined total value = 1,590,290,000

Strike  653.5  has a total call value of 107,445,000  versus a total put value of  1,377,740,000 Combined total value = 1,485,185,000

Strike  660  has a total call value of 161,525,000  versus a total put value of  1,166,490,000 Combined total value = 1,328,015,000

Strike  663.5  has a total call value of 190,645,000  versus a total put value of  1,052,740,000 Combined total value = 1,243,385,000

Strike  670  has a total call value of 244,725,000  versus a total put value of  841,490,000 Combined total value = 1,086,215,000

Strike  673.5  has a total call value of 273,845,000  versus a total put value of  801,905,000 Combined total value = 1,075,750,000

Strike  680  has a total call value of 327,925,000  versus a total put value of  728,390,000 Combined total value = 1,056,315,000

Strike  683.5  has a total call value of 466,245,000  versus a total put value of  688,805,000 Combined total value = 1,155,050,000

Strike  690  has a total call value of 723,125,000  versus a total put value of  615,290,000 Combined total value = 1,338,415,000

Strike  693.5  has a total call value of 950,625,000  versus a total put value of  575,705,000 Combined total value = 1,526,330,000

Strike  700  has a total call value of 1,373,125,000  versus a total put value of  502,190,000 Combined total value = 1,875,315,000

Strike  703.5  has a total call value of 2,226,250,000  versus a total put value of  462,605,000 Combined total value = 2,688,855,000

Strike  710  has a total call value of 3,849,495,000  versus a total put value of  399,230,000 Combined total value = 4,248,725,000

Strike  713.5  has a total call value of 4,813,185,000  versus a total put value of  369,655,000 Combined total value = 5,182,840,000

Strike  720  has a total call value of 6,644,300,000  versus a total put value of  314,730,000 Combined total value = 6,959,030,000

Strike  723.5  has a total call value of 7,815,925,000  versus a total put value of  291,980,000 Combined total value = 8,107,905,000

Strike  730  has a total call value of 9,991,800,000  versus a total put value of  249,730,000 Combined total value = 10,241,530,000

Strike  733.5  has a total call value of 11,386,375,000  versus a total put value of  227,435,000 Combined total value = 11,613,810,000

Strike  740  has a total call value of 13,976,300,000  versus a total put value of  187,720,000 Combined total value = 14,164,020,000

Strike  743.5  has a total call value of 15,424,565,000  versus a total put value of  167,700,000 Combined total value = 15,592,265,000

Strike  750  has a total call value of 18,114,200,000  versus a total put value of  130,520,000 Combined total value = 18,244,720,000

Strike  753.5  has a total call value of 19,896,890,000  versus a total put value of  110,500,000 Combined total value = 20,007,390,000

Strike  760  has a total call value of 23,207,600,000  versus a total put value of  73,320,000 Combined total value = 23,280,920,000

Strike  763.5  has a total call value of 25,034,880,000  versus a total put value of  62,400,000 Combined total value = 25,097,280,000

Strike  770  has a total call value of 28,428,400,000  versus a total put value of  42,120,000 Combined total value = 28,470,520,000

Strike  780  has a total call value of 33,649,200,000  versus a total put value of  10,920,000 Combined total value = 33,660,120,000

Strike  783.5  has a total call value of 35,476,480,000  versus a total put value of  0 Combined total value = 35,476,480,000

Strike  790  has a total call value of 38,870,000,000  versus a total put value of  0 Combined total value = 38,870,000,000

Strike  800  has a total call value of 44,090,800,000  versus a total put value of  0 Combined total value = 44,090,800,000

All Max-Pain Table


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.