GRASIM
Grasim Industries Limited
Max pain for GRASIM
25 Sep 2023 11:24 AM IST
Max Pain for GRASIM is 1900
Strike 1460 has a total call value of 0 versus a total put value of 487,017,500 Combined total value = 487,017,500
Strike 1480 has a total call value of 0 versus a total put value of 461,966,000 Combined total value = 461,966,000
Strike 1500 has a total call value of 0 versus a total put value of 436,914,500 Combined total value = 436,914,500
Strike 1520 has a total call value of 0 versus a total put value of 412,081,500 Combined total value = 412,081,500
Strike 1540 has a total call value of 0 versus a total put value of 387,248,500 Combined total value = 387,248,500
Strike 1560 has a total call value of 0 versus a total put value of 362,415,500 Combined total value = 362,415,500
Strike 1580 has a total call value of 0 versus a total put value of 337,582,500 Combined total value = 337,582,500
Strike 1600 has a total call value of 0 versus a total put value of 312,749,500 Combined total value = 312,749,500
Strike 1620 has a total call value of 0 versus a total put value of 288,154,000 Combined total value = 288,154,000
Strike 1640 has a total call value of 0 versus a total put value of 263,558,500 Combined total value = 263,558,500
Strike 1660 has a total call value of 0 versus a total put value of 238,963,000 Combined total value = 238,963,000
Strike 1680 has a total call value of 0 versus a total put value of 215,042,000 Combined total value = 215,042,000
Strike 1700 has a total call value of 0 versus a total put value of 191,121,000 Combined total value = 191,121,000
Strike 1720 has a total call value of 19,000 versus a total put value of 168,862,500 Combined total value = 168,881,500
Strike 1740 has a total call value of 47,500 versus a total put value of 147,240,500 Combined total value = 147,288,000
Strike 1760 has a total call value of 104,500 versus a total put value of 126,008,000 Combined total value = 126,112,500
Strike 1780 has a total call value of 228,000 versus a total put value of 105,535,500 Combined total value = 105,763,500
Strike 1800 has a total call value of 465,500 versus a total put value of 85,528,500 Combined total value = 85,994,000
Strike 1820 has a total call value of 1,900,000 versus a total put value of 69,093,500 Combined total value = 70,993,500
Strike 1840 has a total call value of 4,056,500 versus a total put value of 53,589,500 Combined total value = 57,646,000
Strike 1860 has a total call value of 6,821,000 versus a total put value of 40,242,000 Combined total value = 47,063,000
Strike 1880 has a total call value of 10,944,000 versus a total put value of 29,089,000 Combined total value = 40,033,000
Strike 1900 has a total call value of 15,551,500 versus a total put value of 19,788,500 Combined total value = 35,340,000
Strike 1920 has a total call value of 24,500,500 versus a total put value of 13,347,500 Combined total value = 37,848,000
Strike 1940 has a total call value of 36,280,500 versus a total put value of 8,768,500 Combined total value = 45,049,000
Strike 1960 has a total call value of 52,307,000 versus a total put value of 4,987,500 Combined total value = 57,294,500
Strike 1980 has a total call value of 73,178,500 versus a total put value of 2,489,000 Combined total value = 75,667,500
Strike 2000 has a total call value of 99,617,000 versus a total put value of 1,159,000 Combined total value = 100,776,000
Strike 2020 has a total call value of 131,575,000 versus a total put value of 646,000 Combined total value = 132,221,000
Strike 2040 has a total call value of 166,468,500 versus a total put value of 361,000 Combined total value = 166,829,500
Strike 2060 has a total call value of 202,948,500 versus a total put value of 152,000 Combined total value = 203,100,500
Strike 2080 has a total call value of 242,098,000 versus a total put value of 76,000 Combined total value = 242,174,000
Strike 2100 has a total call value of 281,751,000 versus a total put value of 19,000 Combined total value = 281,770,000
Strike 2120 has a total call value of 325,479,500 versus a total put value of 0 Combined total value = 325,479,500
Strike 2140 has a total call value of 369,521,500 versus a total put value of 0 Combined total value = 369,521,500
Strike 2160 has a total call value of 414,333,000 versus a total put value of 0 Combined total value = 414,333,000
Strike 2180 has a total call value of 459,610,000 versus a total put value of 0 Combined total value = 459,610,000
Strike 2200 has a total call value of 504,887,000 versus a total put value of 0 Combined total value = 504,887,000
Strike 2220 has a total call value of 550,411,000 versus a total put value of 0 Combined total value = 550,411,000
Strike 2240 has a total call value of 595,935,000 versus a total put value of 0 Combined total value = 595,935,000
Strike 2260 has a total call value of 641,459,000 versus a total put value of 0 Combined total value = 641,459,000
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.