HINDPETRO
HINDUSTAN PETROLEUM CORP
Max pain for HINDPETRO
28 Mar 2024 03:48 PM IST
Max Pain for HINDPETRO is 490
Strike 325 has a total call value of 0 versus a total put value of 95,926,950,000 Combined total value = 95,926,950,000
Strike 330 has a total call value of 1,350,000 versus a total put value of 92,658,600,000 Combined total value = 92,659,950,000
Strike 335 has a total call value of 2,700,000 versus a total put value of 89,390,250,000 Combined total value = 89,392,950,000
Strike 340 has a total call value of 4,050,000 versus a total put value of 86,121,900,000 Combined total value = 86,125,950,000
Strike 345 has a total call value of 5,400,000 versus a total put value of 82,853,550,000 Combined total value = 82,858,950,000
Strike 350 has a total call value of 6,750,000 versus a total put value of 79,585,200,000 Combined total value = 79,591,950,000
Strike 355 has a total call value of 8,100,000 versus a total put value of 76,316,850,000 Combined total value = 76,324,950,000
Strike 360 has a total call value of 9,450,000 versus a total put value of 73,048,500,000 Combined total value = 73,057,950,000
Strike 365 has a total call value of 10,800,000 versus a total put value of 69,780,150,000 Combined total value = 69,790,950,000
Strike 370 has a total call value of 12,150,000 versus a total put value of 66,511,800,000 Combined total value = 66,523,950,000
Strike 375 has a total call value of 13,500,000 versus a total put value of 63,243,450,000 Combined total value = 63,256,950,000
Strike 380 has a total call value of 14,850,000 versus a total put value of 59,975,100,000 Combined total value = 59,989,950,000
Strike 385 has a total call value of 16,200,000 versus a total put value of 56,706,750,000 Combined total value = 56,722,950,000
Strike 390 has a total call value of 17,550,000 versus a total put value of 53,542,350,000 Combined total value = 53,559,900,000
Strike 395 has a total call value of 20,250,000 versus a total put value of 50,377,950,000 Combined total value = 50,398,200,000
Strike 400 has a total call value of 22,950,000 versus a total put value of 47,213,550,000 Combined total value = 47,236,500,000
Strike 405 has a total call value of 43,200,000 versus a total put value of 44,166,600,000 Combined total value = 44,209,800,000
Strike 410 has a total call value of 63,450,000 versus a total put value of 41,119,650,000 Combined total value = 41,183,100,000
Strike 415 has a total call value of 89,100,000 versus a total put value of 38,137,500,000 Combined total value = 38,226,600,000
Strike 420 has a total call value of 117,450,000 versus a total put value of 35,183,700,000 Combined total value = 35,301,150,000
Strike 425 has a total call value of 145,800,000 versus a total put value of 32,352,750,000 Combined total value = 32,498,550,000
Strike 430 has a total call value of 174,150,000 versus a total put value of 29,552,850,000 Combined total value = 29,727,000,000
Strike 435 has a total call value of 216,000,000 versus a total put value of 26,928,450,000 Combined total value = 27,144,450,000
Strike 440 has a total call value of 257,850,000 versus a total put value of 24,386,400,000 Combined total value = 24,644,250,000
Strike 445 has a total call value of 330,750,000 versus a total put value of 22,002,300,000 Combined total value = 22,333,050,000
Strike 450 has a total call value of 403,650,000 versus a total put value of 19,716,750,000 Combined total value = 20,120,400,000
Strike 455 has a total call value of 619,650,000 versus a total put value of 17,811,900,000 Combined total value = 18,431,550,000
Strike 460 has a total call value of 911,250,000 versus a total put value of 15,985,350,000 Combined total value = 16,896,600,000
Strike 465 has a total call value of 1,397,250,000 versus a total put value of 14,334,300,000 Combined total value = 15,731,550,000
Strike 470 has a total call value of 1,956,150,000 versus a total put value of 12,765,600,000 Combined total value = 14,721,750,000
Strike 475 has a total call value of 2,648,700,000 versus a total put value of 11,389,950,000 Combined total value = 14,038,650,000
Strike 480 has a total call value of 3,435,750,000 versus a total put value of 10,062,900,000 Combined total value = 13,498,650,000
Strike 485 has a total call value of 4,384,800,000 versus a total put value of 8,818,200,000 Combined total value = 13,203,000,000
Strike 490 has a total call value of 5,487,750,000 versus a total put value of 7,635,600,000 Combined total value = 13,123,350,000
Strike 495 has a total call value of 6,821,550,000 versus a total put value of 6,552,900,000 Combined total value = 13,374,450,000
Strike 500 has a total call value of 8,248,500,000 versus a total put value of 5,547,150,000 Combined total value = 13,795,650,000
Strike 505 has a total call value of 10,162,800,000 versus a total put value of 4,753,350,000 Combined total value = 14,916,150,000
Strike 510 has a total call value of 12,129,750,000 versus a total put value of 4,004,100,000 Combined total value = 16,133,850,000
Strike 515 has a total call value of 14,281,650,000 versus a total put value of 3,372,300,000 Combined total value = 17,653,950,000
Strike 520 has a total call value of 16,556,400,000 versus a total put value of 2,740,500,000 Combined total value = 19,296,900,000
Strike 525 has a total call value of 19,203,750,000 versus a total put value of 2,222,100,000 Combined total value = 21,425,850,000
Strike 530 has a total call value of 21,918,600,000 versus a total put value of 1,756,350,000 Combined total value = 23,674,950,000
Strike 535 has a total call value of 24,904,800,000 versus a total put value of 1,368,900,000 Combined total value = 26,273,700,000
Strike 540 has a total call value of 27,997,650,000 versus a total put value of 1,015,200,000 Combined total value = 29,012,850,000
Strike 545 has a total call value of 31,345,650,000 versus a total put value of 774,900,000 Combined total value = 32,120,550,000
Strike 550 has a total call value of 34,739,550,000 versus a total put value of 534,600,000 Combined total value = 35,274,150,000
Strike 555 has a total call value of 38,557,350,000 versus a total put value of 448,200,000 Combined total value = 39,005,550,000
Strike 560 has a total call value of 42,375,150,000 versus a total put value of 361,800,000 Combined total value = 42,736,950,000
Strike 565 has a total call value of 46,318,500,000 versus a total put value of 294,300,000 Combined total value = 46,612,800,000
Strike 570 has a total call value of 50,261,850,000 versus a total put value of 226,800,000 Combined total value = 50,488,650,000
Strike 575 has a total call value of 54,344,250,000 versus a total put value of 159,300,000 Combined total value = 54,503,550,000
Strike 580 has a total call value of 58,426,650,000 versus a total put value of 91,800,000 Combined total value = 58,518,450,000
Strike 585 has a total call value of 62,675,100,000 versus a total put value of 68,850,000 Combined total value = 62,743,950,000
Strike 590 has a total call value of 66,941,100,000 versus a total put value of 45,900,000 Combined total value = 66,987,000,000
Strike 595 has a total call value of 71,262,450,000 versus a total put value of 22,950,000 Combined total value = 71,285,400,000
Strike 600 has a total call value of 75,583,800,000 versus a total put value of 0 Combined total value = 75,583,800,000
Strike 605 has a total call value of 80,543,700,000 versus a total put value of 0 Combined total value = 80,543,700,000
Strike 610 has a total call value of 85,503,600,000 versus a total put value of 0 Combined total value = 85,503,600,000
Strike 615 has a total call value of 90,520,200,000 versus a total put value of 0 Combined total value = 90,520,200,000
Strike 620 has a total call value of 95,553,000,000 versus a total put value of 0 Combined total value = 95,553,000,000
Strike 625 has a total call value of 100,585,800,000 versus a total put value of 0 Combined total value = 100,585,800,000
Strike 630 has a total call value of 105,653,700,000 versus a total put value of 0 Combined total value = 105,653,700,000
Strike 635 has a total call value of 110,790,450,000 versus a total put value of 0 Combined total value = 110,790,450,000
Strike 640 has a total call value of 115,927,200,000 versus a total put value of 0 Combined total value = 115,927,200,000
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.