HINDPETRO
HINDUSTAN PETROLEUM CORP
Max pain for HINDPETRO
19 Apr 2024 01:47 PM IST
Max Pain for HINDPETRO is 480
Strike 380 has a total call value of 0 versus a total put value of 91,867,500,000 Combined total value = 91,867,500,000
Strike 385 has a total call value of 0 versus a total put value of 86,131,350,000 Combined total value = 86,131,350,000
Strike 390 has a total call value of 0 versus a total put value of 80,395,200,000 Combined total value = 80,395,200,000
Strike 395 has a total call value of 0 versus a total put value of 74,757,600,000 Combined total value = 74,757,600,000
Strike 400 has a total call value of 0 versus a total put value of 69,120,000,000 Combined total value = 69,120,000,000
Strike 405 has a total call value of 13,500,000 versus a total put value of 63,807,750,000 Combined total value = 63,821,250,000
Strike 410 has a total call value of 27,000,000 versus a total put value of 58,495,500,000 Combined total value = 58,522,500,000
Strike 415 has a total call value of 40,500,000 versus a total put value of 53,253,450,000 Combined total value = 53,293,950,000
Strike 420 has a total call value of 54,000,000 versus a total put value of 48,011,400,000 Combined total value = 48,065,400,000
Strike 425 has a total call value of 67,500,000 versus a total put value of 42,970,500,000 Combined total value = 43,038,000,000
Strike 430 has a total call value of 81,000,000 versus a total put value of 37,984,950,000 Combined total value = 38,065,950,000
Strike 435 has a total call value of 120,150,000 versus a total put value of 33,268,050,000 Combined total value = 33,388,200,000
Strike 440 has a total call value of 170,100,000 versus a total put value of 28,615,950,000 Combined total value = 28,786,050,000
Strike 445 has a total call value of 238,950,000 versus a total put value of 24,484,950,000 Combined total value = 24,723,900,000
Strike 450 has a total call value of 307,800,000 versus a total put value of 20,429,550,000 Combined total value = 20,737,350,000
Strike 455 has a total call value of 472,500,000 versus a total put value of 17,042,400,000 Combined total value = 17,514,900,000
Strike 460 has a total call value of 637,200,000 versus a total put value of 13,775,400,000 Combined total value = 14,412,600,000
Strike 465 has a total call value of 1,008,450,000 versus a total put value of 11,199,600,000 Combined total value = 12,208,050,000
Strike 470 has a total call value of 1,451,250,000 versus a total put value of 8,856,000,000 Combined total value = 10,307,250,000
Strike 475 has a total call value of 2,400,300,000 versus a total put value of 7,136,100,000 Combined total value = 9,536,400,000
Strike 480 has a total call value of 3,635,550,000 versus a total put value of 5,603,850,000 Combined total value = 9,239,400,000
Strike 485 has a total call value of 6,509,700,000 versus a total put value of 4,403,700,000 Combined total value = 10,913,400,000
Strike 490 has a total call value of 9,821,250,000 versus a total put value of 3,439,800,000 Combined total value = 13,261,050,000
Strike 495 has a total call value of 14,409,900,000 versus a total put value of 2,782,350,000 Combined total value = 17,192,250,000
Strike 500 has a total call value of 19,384,650,000 versus a total put value of 2,124,900,000 Combined total value = 21,509,550,000
Strike 505 has a total call value of 27,510,300,000 versus a total put value of 1,823,850,000 Combined total value = 29,334,150,000
Strike 510 has a total call value of 35,795,250,000 versus a total put value of 1,522,800,000 Combined total value = 37,318,050,000
Strike 515 has a total call value of 44,880,750,000 versus a total put value of 1,267,650,000 Combined total value = 46,148,400,000
Strike 520 has a total call value of 54,125,550,000 versus a total put value of 1,012,500,000 Combined total value = 55,138,050,000
Strike 525 has a total call value of 64,054,800,000 versus a total put value of 823,500,000 Combined total value = 64,878,300,000
Strike 530 has a total call value of 74,189,250,000 versus a total put value of 634,500,000 Combined total value = 74,823,750,000
Strike 535 has a total call value of 84,680,100,000 versus a total put value of 464,400,000 Combined total value = 85,144,500,000
Strike 540 has a total call value of 95,170,950,000 versus a total put value of 294,300,000 Combined total value = 95,465,250,000
Strike 545 has a total call value of 105,961,500,000 versus a total put value of 147,150,000 Combined total value = 106,108,650,000
Strike 550 has a total call value of 116,752,050,000 versus a total put value of 0 Combined total value = 116,752,050,000
Strike 555 has a total call value of 128,125,800,000 versus a total put value of 0 Combined total value = 128,125,800,000
Strike 560 has a total call value of 139,534,650,000 versus a total put value of 0 Combined total value = 139,534,650,000
Strike 565 has a total call value of 151,155,450,000 versus a total put value of 0 Combined total value = 151,155,450,000
Strike 570 has a total call value of 162,792,450,000 versus a total put value of 0 Combined total value = 162,792,450,000
Strike 575 has a total call value of 174,521,250,000 versus a total put value of 0 Combined total value = 174,521,250,000
Strike 580 has a total call value of 186,250,050,000 versus a total put value of 0 Combined total value = 186,250,050,000
Strike 585 has a total call value of 198,126,000,000 versus a total put value of 0 Combined total value = 198,126,000,000
Strike 590 has a total call value of 210,001,950,000 versus a total put value of 0 Combined total value = 210,001,950,000
Strike 600 has a total call value of 233,753,850,000 versus a total put value of 0 Combined total value = 233,753,850,000
Strike 605 has a total call value of 245,809,350,000 versus a total put value of 0 Combined total value = 245,809,350,000
Strike 610 has a total call value of 257,864,850,000 versus a total put value of 0 Combined total value = 257,864,850,000
Strike 615 has a total call value of 269,920,350,000 versus a total put value of 0 Combined total value = 269,920,350,000
Strike 620 has a total call value of 281,975,850,000 versus a total put value of 0 Combined total value = 281,975,850,000
Strike 625 has a total call value of 294,031,350,000 versus a total put value of 0 Combined total value = 294,031,350,000
Strike 630 has a total call value of 306,086,850,000 versus a total put value of 0 Combined total value = 306,086,850,000
Strike 635 has a total call value of 318,142,350,000 versus a total put value of 0 Combined total value = 318,142,350,000
Strike 640 has a total call value of 330,197,850,000 versus a total put value of 0 Combined total value = 330,197,850,000
Strike 645 has a total call value of 342,253,350,000 versus a total put value of 0 Combined total value = 342,253,350,000
Strike 650 has a total call value of 354,308,850,000 versus a total put value of 0 Combined total value = 354,308,850,000
Max Pain - Choose a symbol
Index
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E
G
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O
P
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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.