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MFSL
MAX FINANCIAL SERV LTD

993.5 5.70 (0.58%)

Max pain for MFSL

14 Jun 2024 04:07 PM IST

Max Pain for MFSL is 970  



Strike  780  has a total call value of 0  versus a total put value of  14,928,000,000 Combined total value = 14,928,000,000

Strike  790  has a total call value of 0  versus a total put value of  13,934,400,000 Combined total value = 13,934,400,000

Strike  800  has a total call value of 0  versus a total put value of  12,940,800,000 Combined total value = 12,940,800,000

Strike  810  has a total call value of 0  versus a total put value of  11,954,400,000 Combined total value = 11,954,400,000

Strike  820  has a total call value of 0  versus a total put value of  10,968,000,000 Combined total value = 10,968,000,000

Strike  830  has a total call value of 0  versus a total put value of  10,005,600,000 Combined total value = 10,005,600,000

Strike  840  has a total call value of 0  versus a total put value of  9,044,000,000 Combined total value = 9,044,000,000

Strike  850  has a total call value of 0  versus a total put value of  8,107,200,000 Combined total value = 8,107,200,000

Strike  860  has a total call value of 0  versus a total put value of  7,181,600,000 Combined total value = 7,181,600,000

Strike  870  has a total call value of 0  versus a total put value of  6,320,000,000 Combined total value = 6,320,000,000

Strike  880  has a total call value of 0  versus a total put value of  5,458,400,000 Combined total value = 5,458,400,000

Strike  890  has a total call value of 0  versus a total put value of  4,624,000,000 Combined total value = 4,624,000,000

Strike  900  has a total call value of 0  versus a total put value of  3,792,000,000 Combined total value = 3,792,000,000

Strike  910  has a total call value of 0  versus a total put value of  3,144,800,000 Combined total value = 3,144,800,000

Strike  920  has a total call value of 0  versus a total put value of  2,513,600,000 Combined total value = 2,513,600,000

Strike  930  has a total call value of 15,200,000  versus a total put value of  1,934,400,000 Combined total value = 1,949,600,000

Strike  940  has a total call value of 30,400,000  versus a total put value of  1,383,200,000 Combined total value = 1,413,600,000

Strike  950  has a total call value of 99,200,000  versus a total put value of  928,800,000 Combined total value = 1,028,000,000

Strike  960  has a total call value of 241,600,000  versus a total put value of  637,600,000 Combined total value = 879,200,000

Strike  970  has a total call value of 420,800,000  versus a total put value of  441,600,000 Combined total value = 862,400,000

Strike  980  has a total call value of 619,200,000  versus a total put value of  272,000,000 Combined total value = 891,200,000

Strike  990  has a total call value of 948,800,000  versus a total put value of  152,000,000 Combined total value = 1,100,800,000

Strike  1000  has a total call value of 1,380,800,000  versus a total put value of  70,400,000 Combined total value = 1,451,200,000

Strike  1010  has a total call value of 2,288,800,000  versus a total put value of  49,600,000 Combined total value = 2,338,400,000

Strike  1020  has a total call value of 3,233,600,000  versus a total put value of  28,800,000 Combined total value = 3,262,400,000

Strike  1030  has a total call value of 4,244,800,000  versus a total put value of  19,200,000 Combined total value = 4,264,000,000

Strike  1040  has a total call value of 5,292,000,000  versus a total put value of  9,600,000 Combined total value = 5,301,600,000

Strike  1050  has a total call value of 6,395,200,000  versus a total put value of  0 Combined total value = 6,395,200,000

Strike  1060  has a total call value of 8,420,800,000  versus a total put value of  0 Combined total value = 8,420,800,000

Strike  1070  has a total call value of 10,492,800,000  versus a total put value of  0 Combined total value = 10,492,800,000

Strike  1080  has a total call value of 12,589,600,000  versus a total put value of  0 Combined total value = 12,589,600,000

Strike  1090  has a total call value of 14,745,600,000  versus a total put value of  0 Combined total value = 14,745,600,000

Strike  1100  has a total call value of 16,907,200,000  versus a total put value of  0 Combined total value = 16,907,200,000

Strike  1110  has a total call value of 19,345,600,000  versus a total put value of  0 Combined total value = 19,345,600,000

Strike  1120  has a total call value of 21,784,000,000  versus a total put value of  0 Combined total value = 21,784,000,000

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.