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HINDPETRO
Hindustan Petroleum Corp

395.5 3.00 (0.76%)

Max pain for HINDPETRO

11 Oct 2024 04:10 PM IST

Max Pain for HINDPETRO is 410  



Strike  320  has a total call value of 0  versus a total put value of  110,542,927,500 Combined total value = 110,542,927,500

Strike  325  has a total call value of 0  versus a total put value of  103,025,115,000 Combined total value = 103,025,115,000

Strike  330  has a total call value of 0  versus a total put value of  95,507,302,500 Combined total value = 95,507,302,500

Strike  335  has a total call value of 0  versus a total put value of  88,063,402,500 Combined total value = 88,063,402,500

Strike  340  has a total call value of 0  versus a total put value of  80,619,502,500 Combined total value = 80,619,502,500

Strike  345  has a total call value of 0  versus a total put value of  73,483,402,500 Combined total value = 73,483,402,500

Strike  350  has a total call value of 0  versus a total put value of  66,347,302,500 Combined total value = 66,347,302,500

Strike  355  has a total call value of 0  versus a total put value of  59,537,227,500 Combined total value = 59,537,227,500

Strike  360  has a total call value of 0  versus a total put value of  52,754,490,000 Combined total value = 52,754,490,000

Strike  365  has a total call value of 16,200,000  versus a total put value of  46,595,452,500 Combined total value = 46,611,652,500

Strike  369  has a total call value of 29,160,000  versus a total put value of  41,722,492,500 Combined total value = 41,751,652,500

Strike  370  has a total call value of 32,400,000  versus a total put value of  40,514,175,000 Combined total value = 40,546,575,000

Strike  375  has a total call value of 291,600,000  versus a total put value of  35,114,512,500 Combined total value = 35,406,112,500

Strike  380  has a total call value of 593,325,000  versus a total put value of  29,786,737,500 Combined total value = 30,380,062,500

Strike  385  has a total call value of 1,106,662,500  versus a total put value of  24,973,312,500 Combined total value = 26,079,975,000

Strike  390  has a total call value of 1,684,800,000  versus a total put value of  20,327,962,500 Combined total value = 22,012,762,500

Strike  395  has a total call value of 2,582,887,500  versus a total put value of  16,317,450,000 Combined total value = 18,900,337,500

Strike  400  has a total call value of 3,700,687,500  versus a total put value of  12,512,475,000 Combined total value = 16,213,162,500

Strike  405  has a total call value of 5,802,637,500  versus a total put value of  9,486,112,500 Combined total value = 15,288,750,000

Strike  410  has a total call value of 8,188,087,500  versus a total put value of  6,780,712,500 Combined total value = 14,968,800,000

Strike  415  has a total call value of 12,029,512,500  versus a total put value of  4,915,687,500 Combined total value = 16,945,200,000

Strike  420  has a total call value of 16,168,612,500  versus a total put value of  3,226,837,500 Combined total value = 19,395,450,000

Strike  425  has a total call value of 21,268,575,000  versus a total put value of  2,196,112,500 Combined total value = 23,464,687,500

Strike  429  has a total call value of 25,491,105,000  versus a total put value of  1,484,932,500 Combined total value = 26,976,037,500

Strike  430  has a total call value of 26,566,582,500  versus a total put value of  1,307,137,500 Combined total value = 27,873,720,000

Strike  435  has a total call value of 32,917,995,000  versus a total put value of  805,950,000 Combined total value = 33,723,945,000

Strike  440  has a total call value of 39,488,107,500  versus a total put value of  405,000,000 Combined total value = 39,893,107,500

Strike  445  has a total call value of 46,854,045,000  versus a total put value of  168,075,000 Combined total value = 47,022,120,000

Strike  450  has a total call value of 54,507,532,500  versus a total put value of  0 Combined total value = 54,507,532,500

Strike  455  has a total call value of 63,083,407,500  versus a total put value of  0 Combined total value = 63,083,407,500

Strike  460  has a total call value of 71,810,145,000  versus a total put value of  0 Combined total value = 71,810,145,000

Strike  465  has a total call value of 80,989,470,000  versus a total put value of  0 Combined total value = 80,989,470,000

Strike  470  has a total call value of 90,247,770,000  versus a total put value of  0 Combined total value = 90,247,770,000

Strike  475  has a total call value of 99,798,682,500  versus a total put value of  0 Combined total value = 99,798,682,500

Strike  480  has a total call value of 109,349,595,000  versus a total put value of  0 Combined total value = 109,349,595,000

Strike  485  has a total call value of 119,197,170,000  versus a total put value of  0 Combined total value = 119,197,170,000

Strike  490  has a total call value of 129,044,745,000  versus a total put value of  0 Combined total value = 129,044,745,000

Strike  495  has a total call value of 139,031,032,500  versus a total put value of  0 Combined total value = 139,031,032,500

Strike  500  has a total call value of 149,017,320,000  versus a total put value of  0 Combined total value = 149,017,320,000

Strike  505  has a total call value of 159,373,170,000  versus a total put value of  0 Combined total value = 159,373,170,000

Strike  510  has a total call value of 169,729,020,000  versus a total put value of  0 Combined total value = 169,729,020,000

Strike  515  has a total call value of 180,201,307,500  versus a total put value of  0 Combined total value = 180,201,307,500

Strike  520  has a total call value of 190,673,595,000  versus a total put value of  0 Combined total value = 190,673,595,000

All Max-Pain Table


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.