HINDPETRO
HINDUSTAN PETROLEUM CORP
Max pain for HINDPETRO
29 Nov 2023 04:16 PM IST
Max Pain for HINDPETRO is 305
Strike 210 has a total call value of 0 versus a total put value of 129,249,675,000 Combined total value = 129,249,675,000
Strike 212.5 has a total call value of 0 versus a total put value of 125,142,975,000 Combined total value = 125,142,975,000
Strike 215 has a total call value of 0 versus a total put value of 121,036,275,000 Combined total value = 121,036,275,000
Strike 217.5 has a total call value of 0 versus a total put value of 116,929,575,000 Combined total value = 116,929,575,000
Strike 220 has a total call value of 0 versus a total put value of 112,822,875,000 Combined total value = 112,822,875,000
Strike 222.5 has a total call value of 0 versus a total put value of 108,751,275,000 Combined total value = 108,751,275,000
Strike 225 has a total call value of 0 versus a total put value of 104,679,675,000 Combined total value = 104,679,675,000
Strike 227.5 has a total call value of 0 versus a total put value of 100,608,075,000 Combined total value = 100,608,075,000
Strike 230 has a total call value of 0 versus a total put value of 96,536,475,000 Combined total value = 96,536,475,000
Strike 232.5 has a total call value of 11,475,000 versus a total put value of 92,497,950,000 Combined total value = 92,509,425,000
Strike 235 has a total call value of 22,950,000 versus a total put value of 88,459,425,000 Combined total value = 88,482,375,000
Strike 237.5 has a total call value of 41,850,000 versus a total put value of 84,448,575,000 Combined total value = 84,490,425,000
Strike 240 has a total call value of 60,750,000 versus a total put value of 80,437,725,000 Combined total value = 80,498,475,000
Strike 242.5 has a total call value of 104,625,000 versus a total put value of 76,526,775,000 Combined total value = 76,631,400,000
Strike 245 has a total call value of 148,500,000 versus a total put value of 72,615,825,000 Combined total value = 72,764,325,000
Strike 247.5 has a total call value of 235,575,000 versus a total put value of 68,764,950,000 Combined total value = 69,000,525,000
Strike 250 has a total call value of 335,475,000 versus a total put value of 64,959,975,000 Combined total value = 65,295,450,000
Strike 252.5 has a total call value of 489,375,000 versus a total put value of 61,339,275,000 Combined total value = 61,828,650,000
Strike 255 has a total call value of 658,125,000 versus a total put value of 57,718,575,000 Combined total value = 58,376,700,000
Strike 257.5 has a total call value of 826,875,000 versus a total put value of 54,144,450,000 Combined total value = 54,971,325,000
Strike 260 has a total call value of 1,013,175,000 versus a total put value of 50,570,325,000 Combined total value = 51,583,500,000
Strike 262.5 has a total call value of 1,304,775,000 versus a total put value of 47,193,975,000 Combined total value = 48,498,750,000
Strike 265 has a total call value of 1,596,375,000 versus a total put value of 43,863,525,000 Combined total value = 45,459,900,000
Strike 267.5 has a total call value of 1,960,200,000 versus a total put value of 40,628,925,000 Combined total value = 42,589,125,000
Strike 270 has a total call value of 2,337,525,000 versus a total put value of 37,423,350,000 Combined total value = 39,760,875,000
Strike 272.5 has a total call value of 2,824,200,000 versus a total put value of 34,562,025,000 Combined total value = 37,386,225,000
Strike 275 has a total call value of 3,310,875,000 versus a total put value of 31,700,700,000 Combined total value = 35,011,575,000
Strike 277.5 has a total call value of 3,861,000,000 versus a total put value of 29,021,625,000 Combined total value = 32,882,625,000
Strike 280 has a total call value of 4,429,350,000 versus a total put value of 26,401,275,000 Combined total value = 30,830,625,000
Strike 282.5 has a total call value of 5,100,300,000 versus a total put value of 24,088,050,000 Combined total value = 29,188,350,000
Strike 285 has a total call value of 5,771,250,000 versus a total put value of 21,832,200,000 Combined total value = 27,603,450,000
Strike 287.5 has a total call value of 6,475,950,000 versus a total put value of 19,664,100,000 Combined total value = 26,140,050,000
Strike 290 has a total call value of 7,180,650,000 versus a total put value of 17,496,000,000 Combined total value = 24,676,650,000
Strike 292.5 has a total call value of 7,958,250,000 versus a total put value of 15,613,425,000 Combined total value = 23,571,675,000
Strike 295 has a total call value of 8,758,800,000 versus a total put value of 13,770,675,000 Combined total value = 22,529,475,000
Strike 297.5 has a total call value of 9,603,900,000 versus a total put value of 12,113,550,000 Combined total value = 21,717,450,000
Strike 300 has a total call value of 10,468,575,000 versus a total put value of 10,495,575,000 Combined total value = 20,964,150,000
Strike 302.5 has a total call value of 11,450,700,000 versus a total put value of 9,229,950,000 Combined total value = 20,680,650,000
Strike 305 has a total call value of 12,450,375,000 versus a total put value of 7,992,000,000 Combined total value = 20,442,375,000
Strike 307.5 has a total call value of 13,572,900,000 versus a total put value of 6,923,475,000 Combined total value = 20,496,375,000
Strike 310 has a total call value of 14,752,125,000 versus a total put value of 5,892,075,000 Combined total value = 20,644,200,000
Strike 312.5 has a total call value of 16,192,575,000 versus a total put value of 5,024,700,000 Combined total value = 21,217,275,000
Strike 315 has a total call value of 17,684,325,000 versus a total put value of 4,206,600,000 Combined total value = 21,890,925,000
Strike 317.5 has a total call value of 19,247,625,000 versus a total put value of 3,489,075,000 Combined total value = 22,736,700,000
Strike 320 has a total call value of 20,859,525,000 versus a total put value of 2,804,625,000 Combined total value = 23,664,150,000
Strike 322.5 has a total call value of 22,704,975,000 versus a total put value of 2,281,500,000 Combined total value = 24,986,475,000
Strike 325 has a total call value of 24,616,575,000 versus a total put value of 1,787,400,000 Combined total value = 26,403,975,000
Strike 327.5 has a total call value of 26,656,425,000 versus a total put value of 1,396,575,000 Combined total value = 28,053,000,000
Strike 330 has a total call value of 28,749,600,000 versus a total put value of 1,040,175,000 Combined total value = 29,789,775,000
Strike 332.5 has a total call value of 31,023,675,000 versus a total put value of 808,650,000 Combined total value = 31,832,325,000
Strike 335 has a total call value of 33,331,500,000 versus a total put value of 592,650,000 Combined total value = 33,924,150,000
Strike 337.5 has a total call value of 35,706,150,000 versus a total put value of 413,775,000 Combined total value = 36,119,925,000
Strike 340 has a total call value of 38,111,175,000 versus a total put value of 261,900,000 Combined total value = 38,373,075,000
Strike 342.5 has a total call value of 40,595,850,000 versus a total put value of 171,450,000 Combined total value = 40,767,300,000
Strike 345 has a total call value of 43,108,875,000 versus a total put value of 103,950,000 Combined total value = 43,212,825,000
Strike 347.5 has a total call value of 45,678,600,000 versus a total put value of 60,075,000 Combined total value = 45,738,675,000
Strike 350 has a total call value of 48,296,250,000 versus a total put value of 29,025,000 Combined total value = 48,325,275,000
Strike 352.5 has a total call value of 51,221,025,000 versus a total put value of 20,250,000 Combined total value = 51,241,275,000
Strike 355 has a total call value of 54,184,275,000 versus a total put value of 12,825,000 Combined total value = 54,197,100,000
Strike 357.5 has a total call value of 57,242,025,000 versus a total put value of 7,425,000 Combined total value = 57,249,450,000
Strike 360 has a total call value of 60,312,600,000 versus a total put value of 2,700,000 Combined total value = 60,315,300,000
Strike 362.5 has a total call value of 63,499,275,000 versus a total put value of 1,350,000 Combined total value = 63,500,625,000
Strike 365 has a total call value of 66,685,950,000 versus a total put value of 0 Combined total value = 66,685,950,000
Strike 367.5 has a total call value of 69,897,600,000 versus a total put value of 0 Combined total value = 69,897,600,000
Strike 370 has a total call value of 73,109,250,000 versus a total put value of 0 Combined total value = 73,109,250,000
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.