MARUTI
MARUTI SUZUKI INDIA LTD.
Max pain for MARUTI
29 Nov 2023 04:17 PM IST
Max Pain for MARUTI is 10500
Strike 9000 has a total call value of 0 versus a total put value of 97,714,000,000 Combined total value = 97,714,000,000
Strike 9100 has a total call value of 11,500,000 versus a total put value of 89,838,500,000 Combined total value = 89,850,000,000
Strike 9200 has a total call value of 23,000,000 versus a total put value of 81,963,000,000 Combined total value = 81,986,000,000
Strike 9300 has a total call value of 34,500,000 versus a total put value of 74,129,000,000 Combined total value = 74,163,500,000
Strike 9400 has a total call value of 46,000,000 versus a total put value of 66,336,000,000 Combined total value = 66,382,000,000
Strike 9500 has a total call value of 57,500,000 versus a total put value of 58,635,500,000 Combined total value = 58,693,000,000
Strike 9600 has a total call value of 246,000,000 versus a total put value of 51,214,500,000 Combined total value = 51,460,500,000
Strike 9700 has a total call value of 440,500,000 versus a total put value of 43,887,000,000 Combined total value = 44,327,500,000
Strike 9800 has a total call value of 635,000,000 versus a total put value of 36,688,500,000 Combined total value = 37,323,500,000
Strike 9900 has a total call value of 855,500,000 versus a total put value of 29,707,000,000 Combined total value = 30,562,500,000
Strike 10000 has a total call value of 1,076,000,000 versus a total put value of 22,985,000,000 Combined total value = 24,061,000,000
Strike 10100 has a total call value of 1,540,000,000 versus a total put value of 17,177,000,000 Combined total value = 18,717,000,000
Strike 10200 has a total call value of 2,147,000,000 versus a total put value of 12,038,500,000 Combined total value = 14,185,500,000
Strike 10300 has a total call value of 2,901,500,000 versus a total put value of 7,931,500,000 Combined total value = 10,833,000,000
Strike 10400 has a total call value of 3,877,500,000 versus a total put value of 4,525,500,000 Combined total value = 8,403,000,000
Strike 10500 has a total call value of 5,791,000,000 versus a total put value of 2,090,000,000 Combined total value = 7,881,000,000
Strike 10600 has a total call value of 11,783,500,000 versus a total put value of 1,183,000,000 Combined total value = 12,966,500,000
Strike 10700 has a total call value of 20,712,000,000 versus a total put value of 517,500,000 Combined total value = 21,229,500,000
Strike 10800 has a total call value of 32,705,500,000 versus a total put value of 209,000,000 Combined total value = 32,914,500,000
Strike 10900 has a total call value of 46,352,000,000 versus a total put value of 68,000,000 Combined total value = 46,420,000,000
Strike 11000 has a total call value of 61,283,500,000 versus a total put value of 0 Combined total value = 61,283,500,000
Strike 11100 has a total call value of 78,764,000,000 versus a total put value of 0 Combined total value = 78,764,000,000
Strike 11200 has a total call value of 96,602,000,000 versus a total put value of 0 Combined total value = 96,602,000,000
Strike 11300 has a total call value of 114,837,000,000 versus a total put value of 0 Combined total value = 114,837,000,000
Strike 11400 has a total call value of 133,346,500,000 versus a total put value of 0 Combined total value = 133,346,500,000
Strike 11500 has a total call value of 152,055,000,000 versus a total put value of 0 Combined total value = 152,055,000,000
Strike 11600 has a total call value of 171,431,500,000 versus a total put value of 0 Combined total value = 171,431,500,000
Strike 11700 has a total call value of 191,017,000,000 versus a total put value of 0 Combined total value = 191,017,000,000
Strike 11800 has a total call value of 210,712,500,000 versus a total put value of 0 Combined total value = 210,712,500,000
Strike 11900 has a total call value of 230,512,500,000 versus a total put value of 0 Combined total value = 230,512,500,000
Strike 12000 has a total call value of 250,384,500,000 versus a total put value of 0 Combined total value = 250,384,500,000
Strike 12100 has a total call value of 271,461,000,000 versus a total put value of 0 Combined total value = 271,461,000,000
Strike 12200 has a total call value of 292,615,000,000 versus a total put value of 0 Combined total value = 292,615,000,000
Strike 12300 has a total call value of 313,937,500,000 versus a total put value of 0 Combined total value = 313,937,500,000
Strike 12400 has a total call value of 335,277,500,000 versus a total put value of 0 Combined total value = 335,277,500,000
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.