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M&MFIN
Mahindra & Mahindra Financial Services Limited

300.95 -1.60 (-0.53%)


Strike  230  has a total call value of 0  versus a total put value of  583,956,000 Combined total value = 583,956,000

Strike  235  has a total call value of 0  versus a total put value of  530,356,000 Combined total value = 530,356,000

Strike  240  has a total call value of 0  versus a total put value of  476,756,000 Combined total value = 476,756,000

Strike  245  has a total call value of 0  versus a total put value of  423,376,000 Combined total value = 423,376,000

Strike  250  has a total call value of 0  versus a total put value of  369,996,000 Combined total value = 369,996,000

Strike  255  has a total call value of 0  versus a total put value of  318,716,000 Combined total value = 318,716,000

Strike  260  has a total call value of 20,000  versus a total put value of  267,956,000 Combined total value = 267,976,000

Strike  264  has a total call value of 36,000  versus a total put value of  228,916,000 Combined total value = 228,952,000

Strike  265  has a total call value of 40,000  versus a total put value of  219,256,000 Combined total value = 219,296,000

Strike  269  has a total call value of 56,000  versus a total put value of  181,256,000 Combined total value = 181,312,000

Strike  270  has a total call value of 60,000  versus a total put value of  171,864,000 Combined total value = 171,924,000

Strike  274  has a total call value of 108,000  versus a total put value of  137,112,000 Combined total value = 137,220,000

Strike  275  has a total call value of 128,000  versus a total put value of  128,632,000 Combined total value = 128,760,000

Strike  279  has a total call value of 240,000  versus a total put value of  100,824,000 Combined total value = 101,064,000

Strike  280  has a total call value of 292,000  versus a total put value of  93,996,000 Combined total value = 94,288,000

Strike  284  has a total call value of 1,012,000  versus a total put value of  71,836,000 Combined total value = 72,848,000

Strike  285  has a total call value of 1,224,000  versus a total put value of  66,464,000 Combined total value = 67,688,000

Strike  289  has a total call value of 2,328,000  versus a total put value of  46,608,000 Combined total value = 48,936,000

Strike  290  has a total call value of 2,664,000  versus a total put value of  41,792,000 Combined total value = 44,456,000

Strike  294  has a total call value of 6,776,000  versus a total put value of  29,120,000 Combined total value = 35,896,000

Strike  295  has a total call value of 7,932,000  versus a total put value of  26,092,000 Combined total value = 34,024,000

Strike  299  has a total call value of 14,380,000  versus a total put value of  16,012,000 Combined total value = 30,392,000

Strike  300  has a total call value of 16,144,000  versus a total put value of  13,684,000 Combined total value = 29,828,000

Strike  304  has a total call value of 27,808,000  versus a total put value of  8,724,000 Combined total value = 36,532,000

Strike  305  has a total call value of 30,936,000  versus a total put value of  7,576,000 Combined total value = 38,512,000

Strike  309  has a total call value of 48,152,000  versus a total put value of  4,472,000 Combined total value = 52,624,000

Strike  310  has a total call value of 53,056,000  versus a total put value of  3,780,000 Combined total value = 56,836,000

Strike  314  has a total call value of 91,408,000  versus a total put value of  2,724,000 Combined total value = 94,132,000

Strike  315  has a total call value of 101,324,000  versus a total put value of  2,484,000 Combined total value = 103,808,000

Strike  319  has a total call value of 146,588,000  versus a total put value of  1,700,000 Combined total value = 148,288,000

Strike  320  has a total call value of 158,100,000  versus a total put value of  1,532,000 Combined total value = 159,632,000

Strike  324  has a total call value of 212,196,000  versus a total put value of  1,132,000 Combined total value = 213,328,000

Strike  325  has a total call value of 225,828,000  versus a total put value of  1,048,000 Combined total value = 226,876,000

Strike  329  has a total call value of 283,844,000  versus a total put value of  744,000 Combined total value = 284,588,000

Strike  330  has a total call value of 298,400,000  versus a total put value of  680,000 Combined total value = 299,080,000

Strike  334  has a total call value of 360,896,000  versus a total put value of  536,000 Combined total value = 361,432,000

Strike  335  has a total call value of 376,556,000  versus a total put value of  500,000 Combined total value = 377,056,000

Strike  339  has a total call value of 441,452,000  versus a total put value of  372,000 Combined total value = 441,824,000

Strike  340  has a total call value of 457,716,000  versus a total put value of  340,000 Combined total value = 458,056,000

Strike  344  has a total call value of 524,932,000  versus a total put value of  212,000 Combined total value = 525,144,000

Strike  345  has a total call value of 541,748,000  versus a total put value of  180,000 Combined total value = 541,928,000

Strike  349  has a total call value of 609,252,000  versus a total put value of  52,000 Combined total value = 609,304,000

Strike  350  has a total call value of 626,136,000  versus a total put value of  20,000 Combined total value = 626,156,000

Strike  354  has a total call value of 705,880,000  versus a total put value of  4,000 Combined total value = 705,884,000

Strike  355  has a total call value of 725,816,000  versus a total put value of  0 Combined total value = 725,816,000

Strike  359  has a total call value of 805,816,000  versus a total put value of  0 Combined total value = 805,816,000

Strike  360  has a total call value of 825,816,000  versus a total put value of  0 Combined total value = 825,816,000

Strike  364  has a total call value of 906,648,000  versus a total put value of  0 Combined total value = 906,648,000

Strike  365  has a total call value of 926,856,000  versus a total put value of  0 Combined total value = 926,856,000

Strike  369  has a total call value of 1,007,752,000  versus a total put value of  0 Combined total value = 1,007,752,000

Strike  374  has a total call value of 1,108,872,000  versus a total put value of  0 Combined total value = 1,108,872,000

Strike  379  has a total call value of 1,209,992,000  versus a total put value of  0 Combined total value = 1,209,992,000

Strike  384  has a total call value of 1,311,112,000  versus a total put value of  0 Combined total value = 1,311,112,000

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.