MARUTI
Maruti Suzuki India Ltd.
Max pain for MARUTI
11 Oct 2024 04:12 PM IST
Max Pain for MARUTI is 12800
Strike 10000 has a total call value of 0 versus a total put value of 268,785,500,000 Combined total value = 268,785,500,000
Strike 10100 has a total call value of 0 versus a total put value of 257,600,500,000 Combined total value = 257,600,500,000
Strike 10200 has a total call value of 0 versus a total put value of 246,415,500,000 Combined total value = 246,415,500,000
Strike 10300 has a total call value of 0 versus a total put value of 235,230,500,000 Combined total value = 235,230,500,000
Strike 10400 has a total call value of 0 versus a total put value of 224,045,500,000 Combined total value = 224,045,500,000
Strike 10500 has a total call value of 0 versus a total put value of 212,860,500,000 Combined total value = 212,860,500,000
Strike 10600 has a total call value of 0 versus a total put value of 201,675,500,000 Combined total value = 201,675,500,000
Strike 10700 has a total call value of 0 versus a total put value of 190,490,500,000 Combined total value = 190,490,500,000
Strike 10800 has a total call value of 0 versus a total put value of 179,305,500,000 Combined total value = 179,305,500,000
Strike 10900 has a total call value of 0 versus a total put value of 168,121,000,000 Combined total value = 168,121,000,000
Strike 11000 has a total call value of 0 versus a total put value of 156,936,500,000 Combined total value = 156,936,500,000
Strike 11100 has a total call value of 0 versus a total put value of 146,253,500,000 Combined total value = 146,253,500,000
Strike 11200 has a total call value of 0 versus a total put value of 135,570,500,000 Combined total value = 135,570,500,000
Strike 11300 has a total call value of 0 versus a total put value of 124,956,500,000 Combined total value = 124,956,500,000
Strike 11400 has a total call value of 0 versus a total put value of 114,342,500,000 Combined total value = 114,342,500,000
Strike 11500 has a total call value of 0 versus a total put value of 103,826,000,000 Combined total value = 103,826,000,000
Strike 11600 has a total call value of 0 versus a total put value of 93,980,500,000 Combined total value = 93,980,500,000
Strike 11700 has a total call value of 0 versus a total put value of 84,370,500,000 Combined total value = 84,370,500,000
Strike 11800 has a total call value of 0 versus a total put value of 74,854,500,000 Combined total value = 74,854,500,000
Strike 11900 has a total call value of 0 versus a total put value of 65,754,500,000 Combined total value = 65,754,500,000
Strike 12000 has a total call value of 26,500,000 versus a total put value of 56,847,500,000 Combined total value = 56,874,000,000
Strike 12100 has a total call value of 285,000,000 versus a total put value of 49,151,500,000 Combined total value = 49,436,500,000
Strike 12200 has a total call value of 570,000,000 versus a total put value of 41,652,000,000 Combined total value = 42,222,000,000
Strike 12300 has a total call value of 1,001,000,000 versus a total put value of 34,636,500,000 Combined total value = 35,637,500,000
Strike 12400 has a total call value of 1,520,000,000 versus a total put value of 28,064,500,000 Combined total value = 29,584,500,000
Strike 12500 has a total call value of 2,191,000,000 versus a total put value of 22,229,500,000 Combined total value = 24,420,500,000
Strike 12600 has a total call value of 3,273,000,000 versus a total put value of 17,799,000,000 Combined total value = 21,072,000,000
Strike 12700 has a total call value of 4,670,500,000 versus a total put value of 13,910,000,000 Combined total value = 18,580,500,000
Strike 12800 has a total call value of 6,507,000,000 versus a total put value of 10,652,500,000 Combined total value = 17,159,500,000
Strike 12900 has a total call value of 9,134,000,000 versus a total put value of 8,040,500,000 Combined total value = 17,174,500,000
Strike 13000 has a total call value of 12,848,500,000 versus a total put value of 5,864,500,000 Combined total value = 18,713,000,000
Strike 13100 has a total call value of 20,436,500,000 versus a total put value of 4,371,500,000 Combined total value = 24,808,000,000
Strike 13200 has a total call value of 29,391,000,000 versus a total put value of 3,133,500,000 Combined total value = 32,524,500,000
Strike 13300 has a total call value of 40,003,000,000 versus a total put value of 2,120,500,000 Combined total value = 42,123,500,000
Strike 13400 has a total call value of 51,949,000,000 versus a total put value of 1,436,000,000 Combined total value = 53,385,000,000
Strike 13500 has a total call value of 65,544,500,000 versus a total put value of 955,500,000 Combined total value = 66,500,000,000
Strike 13600 has a total call value of 83,079,500,000 versus a total put value of 686,000,000 Combined total value = 83,765,500,000
Strike 13700 has a total call value of 101,598,500,000 versus a total put value of 493,000,000 Combined total value = 102,091,500,000
Strike 13800 has a total call value of 121,046,000,000 versus a total put value of 300,000,000 Combined total value = 121,346,000,000
Strike 13900 has a total call value of 141,805,000,000 versus a total put value of 150,000,000 Combined total value = 141,955,000,000
Strike 14000 has a total call value of 162,904,000,000 versus a total put value of 0 Combined total value = 162,904,000,000
Strike 14100 has a total call value of 187,189,500,000 versus a total put value of 0 Combined total value = 187,189,500,000
Strike 14200 has a total call value of 211,678,000,000 versus a total put value of 0 Combined total value = 211,678,000,000
Strike 14300 has a total call value of 236,863,000,000 versus a total put value of 0 Combined total value = 236,863,000,000
Strike 14400 has a total call value of 262,278,000,000 versus a total put value of 0 Combined total value = 262,278,000,000
Strike 14500 has a total call value of 288,155,500,000 versus a total put value of 0 Combined total value = 288,155,500,000
Strike 14600 has a total call value of 314,549,000,000 versus a total put value of 0 Combined total value = 314,549,000,000
Strike 14700 has a total call value of 341,374,000,000 versus a total put value of 0 Combined total value = 341,374,000,000
Strike 14800 has a total call value of 368,323,000,000 versus a total put value of 0 Combined total value = 368,323,000,000
Strike 14900 has a total call value of 396,559,500,000 versus a total put value of 0 Combined total value = 396,559,500,000
Strike 15000 has a total call value of 424,796,000,000 versus a total put value of 0 Combined total value = 424,796,000,000
Strike 15100 has a total call value of 453,513,500,000 versus a total put value of 0 Combined total value = 453,513,500,000
Strike 15200 has a total call value of 482,231,000,000 versus a total put value of 0 Combined total value = 482,231,000,000
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.