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HINDPETRO
HINDUSTAN PETROLEUM CORP

478.4 1.10 (0.23%)

Max pain for HINDPETRO

19 Apr 2024 04:16 PM IST
Max Pain for HINDPETRO is 480  



Strike  380  has a total call value of 0  versus a total put value of  88,346,700,000 Combined total value = 88,346,700,000

Strike  385  has a total call value of 0  versus a total put value of  82,825,200,000 Combined total value = 82,825,200,000

Strike  390  has a total call value of 0  versus a total put value of  77,303,700,000 Combined total value = 77,303,700,000

Strike  395  has a total call value of 0  versus a total put value of  71,878,050,000 Combined total value = 71,878,050,000

Strike  400  has a total call value of 0  versus a total put value of  66,452,400,000 Combined total value = 66,452,400,000

Strike  405  has a total call value of 13,500,000  versus a total put value of  61,352,100,000 Combined total value = 61,365,600,000

Strike  410  has a total call value of 27,000,000  versus a total put value of  56,251,800,000 Combined total value = 56,278,800,000

Strike  415  has a total call value of 40,500,000  versus a total put value of  51,221,700,000 Combined total value = 51,262,200,000

Strike  420  has a total call value of 54,000,000  versus a total put value of  46,191,600,000 Combined total value = 46,245,600,000

Strike  425  has a total call value of 67,500,000  versus a total put value of  41,339,700,000 Combined total value = 41,407,200,000

Strike  430  has a total call value of 81,000,000  versus a total put value of  36,543,150,000 Combined total value = 36,624,150,000

Strike  435  has a total call value of 118,800,000  versus a total put value of  32,015,250,000 Combined total value = 32,134,050,000

Strike  440  has a total call value of 170,100,000  versus a total put value of  27,554,850,000 Combined total value = 27,724,950,000

Strike  445  has a total call value of 240,300,000  versus a total put value of  23,652,000,000 Combined total value = 23,892,300,000

Strike  450  has a total call value of 310,500,000  versus a total put value of  19,808,550,000 Combined total value = 20,119,050,000

Strike  455  has a total call value of 464,400,000  versus a total put value of  16,613,100,000 Combined total value = 17,077,500,000

Strike  460  has a total call value of 618,300,000  versus a total put value of  13,510,800,000 Combined total value = 14,129,100,000

Strike  465  has a total call value of 942,300,000  versus a total put value of  11,029,500,000 Combined total value = 11,971,800,000

Strike  470  has a total call value of 1,336,500,000  versus a total put value of  8,754,750,000 Combined total value = 10,091,250,000

Strike  475  has a total call value of 2,166,750,000  versus a total put value of  7,045,650,000 Combined total value = 9,212,400,000

Strike  480  has a total call value of 3,242,700,000  versus a total put value of  5,539,050,000 Combined total value = 8,781,750,000

Strike  485  has a total call value of 5,771,250,000  versus a total put value of  4,361,850,000 Combined total value = 10,133,100,000

Strike  490  has a total call value of 8,685,900,000  versus a total put value of  3,410,100,000 Combined total value = 12,096,000,000

Strike  495  has a total call value of 12,803,400,000  versus a total put value of  2,764,800,000 Combined total value = 15,568,200,000

Strike  500  has a total call value of 17,261,100,000  versus a total put value of  2,119,500,000 Combined total value = 19,380,600,000

Strike  505  has a total call value of 24,849,450,000  versus a total put value of  1,821,150,000 Combined total value = 26,670,600,000

Strike  510  has a total call value of 32,617,350,000  versus a total put value of  1,522,800,000 Combined total value = 34,140,150,000

Strike  515  has a total call value of 41,274,900,000  versus a total put value of  1,267,650,000 Combined total value = 42,542,550,000

Strike  520  has a total call value of 50,155,200,000  versus a total put value of  1,012,500,000 Combined total value = 51,167,700,000

Strike  525  has a total call value of 59,759,100,000  versus a total put value of  823,500,000 Combined total value = 60,582,600,000

Strike  530  has a total call value of 69,566,850,000  versus a total put value of  634,500,000 Combined total value = 70,201,350,000

Strike  535  has a total call value of 79,758,000,000  versus a total put value of  464,400,000 Combined total value = 80,222,400,000

Strike  540  has a total call value of 89,949,150,000  versus a total put value of  294,300,000 Combined total value = 90,243,450,000

Strike  545  has a total call value of 100,425,150,000  versus a total put value of  147,150,000 Combined total value = 100,572,300,000

Strike  550  has a total call value of 110,901,150,000  versus a total put value of  0 Combined total value = 110,901,150,000

Strike  555  has a total call value of 121,977,900,000  versus a total put value of  0 Combined total value = 121,977,900,000

Strike  560  has a total call value of 133,089,750,000  versus a total put value of  0 Combined total value = 133,089,750,000

Strike  565  has a total call value of 144,409,500,000  versus a total put value of  0 Combined total value = 144,409,500,000

Strike  570  has a total call value of 155,745,450,000  versus a total put value of  0 Combined total value = 155,745,450,000

Strike  575  has a total call value of 167,171,850,000  versus a total put value of  0 Combined total value = 167,171,850,000

Strike  580  has a total call value of 178,598,250,000  versus a total put value of  0 Combined total value = 178,598,250,000

Strike  585  has a total call value of 190,171,800,000  versus a total put value of  0 Combined total value = 190,171,800,000

Strike  590  has a total call value of 201,745,350,000  versus a total put value of  0 Combined total value = 201,745,350,000

Strike  600  has a total call value of 224,892,450,000  versus a total put value of  0 Combined total value = 224,892,450,000

Strike  605  has a total call value of 236,626,650,000  versus a total put value of  0 Combined total value = 236,626,650,000

Strike  610  has a total call value of 248,360,850,000  versus a total put value of  0 Combined total value = 248,360,850,000

Strike  615  has a total call value of 260,095,050,000  versus a total put value of  0 Combined total value = 260,095,050,000

Strike  620  has a total call value of 271,829,250,000  versus a total put value of  0 Combined total value = 271,829,250,000

Strike  625  has a total call value of 283,563,450,000  versus a total put value of  0 Combined total value = 283,563,450,000

Strike  630  has a total call value of 295,297,650,000  versus a total put value of  0 Combined total value = 295,297,650,000

Strike  635  has a total call value of 307,031,850,000  versus a total put value of  0 Combined total value = 307,031,850,000

Strike  640  has a total call value of 318,766,050,000  versus a total put value of  0 Combined total value = 318,766,050,000

Strike  645  has a total call value of 330,500,250,000  versus a total put value of  0 Combined total value = 330,500,250,000

Strike  650  has a total call value of 342,234,450,000  versus a total put value of  0 Combined total value = 342,234,450,000

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.