GODREJCP
GODREJ CONSUMER PRODUCTS
Max pain for GODREJCP
29 Nov 2023 04:16 PM IST
Max Pain for GODREJCP is 1000
Strike 900 has a total call value of 0 versus a total put value of 2,894,000,000 Combined total value = 2,894,000,000
Strike 910 has a total call value of 0 versus a total put value of 2,477,000,000 Combined total value = 2,477,000,000
Strike 920 has a total call value of 0 versus a total put value of 2,089,000,000 Combined total value = 2,089,000,000
Strike 930 has a total call value of 0 versus a total put value of 1,701,000,000 Combined total value = 1,701,000,000
Strike 940 has a total call value of 0 versus a total put value of 1,329,500,000 Combined total value = 1,329,500,000
Strike 950 has a total call value of 2,000,000 versus a total put value of 993,000,000 Combined total value = 995,000,000
Strike 960 has a total call value of 16,500,000 versus a total put value of 728,000,000 Combined total value = 744,500,000
Strike 970 has a total call value of 31,000,000 versus a total put value of 523,500,000 Combined total value = 554,500,000
Strike 980 has a total call value of 53,500,000 versus a total put value of 362,500,000 Combined total value = 416,000,000
Strike 990 has a total call value of 106,000,000 versus a total put value of 228,500,000 Combined total value = 334,500,000
Strike 1000 has a total call value of 183,500,000 versus a total put value of 134,500,000 Combined total value = 318,000,000
Strike 1010 has a total call value of 351,500,000 versus a total put value of 88,000,000 Combined total value = 439,500,000
Strike 1020 has a total call value of 564,000,000 versus a total put value of 54,500,000 Combined total value = 618,500,000
Strike 1030 has a total call value of 885,000,000 versus a total put value of 27,500,000 Combined total value = 912,500,000
Strike 1040 has a total call value of 1,399,500,000 versus a total put value of 10,000,000 Combined total value = 1,409,500,000
Strike 1050 has a total call value of 1,999,500,000 versus a total put value of 0 Combined total value = 1,999,500,000
Strike 1060 has a total call value of 2,662,000,000 versus a total put value of 0 Combined total value = 2,662,000,000
Strike 1070 has a total call value of 3,369,500,000 versus a total put value of 0 Combined total value = 3,369,500,000
Strike 1080 has a total call value of 4,096,500,000 versus a total put value of 0 Combined total value = 4,096,500,000
Strike 1090 has a total call value of 4,848,500,000 versus a total put value of 0 Combined total value = 4,848,500,000
Strike 1100 has a total call value of 5,600,500,000 versus a total put value of 0 Combined total value = 5,600,500,000
Strike 1110 has a total call value of 6,470,000,000 versus a total put value of 0 Combined total value = 6,470,000,000
Strike 1120 has a total call value of 7,339,500,000 versus a total put value of 0 Combined total value = 7,339,500,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.