MOTHERSON
SAMVRDHNA MTHRSN INTL LTD
Max pain for MOTHERSON
02 Jul 2024 10:33 AM IST
Max Pain for MOTHERSON is 195
Strike 124 has a total call value of 0 versus a total put value of 209,977,885,000 Combined total value = 209,977,885,000
Strike 125 has a total call value of 0 versus a total put value of 206,085,665,000 Combined total value = 206,085,665,000
Strike 126 has a total call value of 0 versus a total put value of 202,193,445,000 Combined total value = 202,193,445,000
Strike 127 has a total call value of 0 versus a total put value of 198,301,225,000 Combined total value = 198,301,225,000
Strike 128 has a total call value of 0 versus a total put value of 194,409,005,000 Combined total value = 194,409,005,000
Strike 129 has a total call value of 0 versus a total put value of 190,516,785,000 Combined total value = 190,516,785,000
Strike 130 has a total call value of 0 versus a total put value of 186,624,565,000 Combined total value = 186,624,565,000
Strike 131 has a total call value of 0 versus a total put value of 182,748,675,000 Combined total value = 182,748,675,000
Strike 132 has a total call value of 0 versus a total put value of 178,872,785,000 Combined total value = 178,872,785,000
Strike 133 has a total call value of 0 versus a total put value of 174,996,895,000 Combined total value = 174,996,895,000
Strike 134 has a total call value of 0 versus a total put value of 171,121,005,000 Combined total value = 171,121,005,000
Strike 135 has a total call value of 0 versus a total put value of 167,245,115,000 Combined total value = 167,245,115,000
Strike 136 has a total call value of 0 versus a total put value of 163,369,225,000 Combined total value = 163,369,225,000
Strike 137 has a total call value of 0 versus a total put value of 159,493,335,000 Combined total value = 159,493,335,000
Strike 137.5 has a total call value of 0 versus a total put value of 157,555,390,000 Combined total value = 157,555,390,000
Strike 138 has a total call value of 0 versus a total put value of 155,617,445,000 Combined total value = 155,617,445,000
Strike 139 has a total call value of 0 versus a total put value of 151,741,555,000 Combined total value = 151,741,555,000
Strike 140 has a total call value of 0 versus a total put value of 147,865,665,000 Combined total value = 147,865,665,000
Strike 141 has a total call value of 0 versus a total put value of 144,022,435,000 Combined total value = 144,022,435,000
Strike 142 has a total call value of 0 versus a total put value of 140,179,205,000 Combined total value = 140,179,205,000
Strike 142.5 has a total call value of 355,000 versus a total put value of 138,257,590,000 Combined total value = 138,257,945,000
Strike 143 has a total call value of 710,000 versus a total put value of 136,335,975,000 Combined total value = 136,336,685,000
Strike 144 has a total call value of 1,420,000 versus a total put value of 132,492,745,000 Combined total value = 132,494,165,000
Strike 145 has a total call value of 2,130,000 versus a total put value of 128,649,515,000 Combined total value = 128,651,645,000
Strike 146 has a total call value of 2,840,000 versus a total put value of 124,806,285,000 Combined total value = 124,809,125,000
Strike 147 has a total call value of 3,550,000 versus a total put value of 120,963,055,000 Combined total value = 120,966,605,000
Strike 147.5 has a total call value of 3,905,000 versus a total put value of 119,041,440,000 Combined total value = 119,045,345,000
Strike 148 has a total call value of 4,260,000 versus a total put value of 117,119,825,000 Combined total value = 117,124,085,000
Strike 149 has a total call value of 4,970,000 versus a total put value of 113,276,595,000 Combined total value = 113,281,565,000
Strike 150 has a total call value of 5,680,000 versus a total put value of 109,433,365,000 Combined total value = 109,439,045,000
Strike 151 has a total call value of 6,390,000 versus a total put value of 105,711,545,000 Combined total value = 105,717,935,000
Strike 152 has a total call value of 7,100,000 versus a total put value of 101,989,725,000 Combined total value = 101,996,825,000
Strike 152.5 has a total call value of 7,455,000 versus a total put value of 100,128,815,000 Combined total value = 100,136,270,000
Strike 153 has a total call value of 7,810,000 versus a total put value of 98,267,905,000 Combined total value = 98,275,715,000
Strike 154 has a total call value of 8,520,000 versus a total put value of 94,546,085,000 Combined total value = 94,554,605,000
Strike 155 has a total call value of 9,230,000 versus a total put value of 90,824,265,000 Combined total value = 90,833,495,000
Strike 156 has a total call value of 9,940,000 versus a total put value of 87,126,585,000 Combined total value = 87,136,525,000
Strike 157 has a total call value of 12,780,000 versus a total put value of 83,428,905,000 Combined total value = 83,441,685,000
Strike 157.5 has a total call value of 14,200,000 versus a total put value of 81,580,065,000 Combined total value = 81,594,265,000
Strike 158 has a total call value of 15,620,000 versus a total put value of 79,731,225,000 Combined total value = 79,746,845,000
Strike 159 has a total call value of 18,460,000 versus a total put value of 76,033,545,000 Combined total value = 76,052,005,000
Strike 160 has a total call value of 21,300,000 versus a total put value of 72,335,865,000 Combined total value = 72,357,165,000
Strike 161 has a total call value of 24,140,000 versus a total put value of 69,451,135,000 Combined total value = 69,475,275,000
Strike 162 has a total call value of 26,980,000 versus a total put value of 66,566,405,000 Combined total value = 66,593,385,000
Strike 162.5 has a total call value of 28,400,000 versus a total put value of 65,125,105,000 Combined total value = 65,153,505,000
Strike 163 has a total call value of 29,820,000 versus a total put value of 63,683,805,000 Combined total value = 63,713,625,000
Strike 164 has a total call value of 32,660,000 versus a total put value of 60,801,205,000 Combined total value = 60,833,865,000
Strike 165 has a total call value of 35,500,000 versus a total put value of 57,918,605,000 Combined total value = 57,954,105,000
Strike 166 has a total call value of 38,340,000 versus a total put value of 55,132,565,000 Combined total value = 55,170,905,000
Strike 167 has a total call value of 41,180,000 versus a total put value of 52,346,525,000 Combined total value = 52,387,705,000
Strike 167.5 has a total call value of 42,600,000 versus a total put value of 50,953,505,000 Combined total value = 50,996,105,000
Strike 168 has a total call value of 44,020,000 versus a total put value of 49,560,485,000 Combined total value = 49,604,505,000
Strike 169 has a total call value of 46,860,000 versus a total put value of 46,774,445,000 Combined total value = 46,821,305,000
Strike 170 has a total call value of 50,410,000 versus a total put value of 43,988,405,000 Combined total value = 44,038,815,000
Strike 171 has a total call value of 118,570,000 versus a total put value of 41,484,945,000 Combined total value = 41,603,515,000
Strike 172 has a total call value of 186,730,000 versus a total put value of 38,981,485,000 Combined total value = 39,168,215,000
Strike 172.5 has a total call value of 220,810,000 versus a total put value of 37,729,755,000 Combined total value = 37,950,565,000
Strike 173 has a total call value of 254,890,000 versus a total put value of 36,479,445,000 Combined total value = 36,734,335,000
Strike 174 has a total call value of 323,050,000 versus a total put value of 33,983,795,000 Combined total value = 34,306,845,000
Strike 175 has a total call value of 391,210,000 versus a total put value of 31,517,255,000 Combined total value = 31,908,465,000
Strike 176 has a total call value of 459,370,000 versus a total put value of 29,317,675,000 Combined total value = 29,777,045,000
Strike 177 has a total call value of 527,530,000 versus a total put value of 27,118,095,000 Combined total value = 27,645,625,000
Strike 177.5 has a total call value of 561,610,000 versus a total put value of 26,018,305,000 Combined total value = 26,579,915,000
Strike 178 has a total call value of 595,690,000 versus a total put value of 24,918,515,000 Combined total value = 25,514,205,000
Strike 179 has a total call value of 663,850,000 versus a total put value of 22,718,935,000 Combined total value = 23,382,785,000
Strike 180 has a total call value of 732,010,000 versus a total put value of 20,527,165,000 Combined total value = 21,259,175,000
Strike 181 has a total call value of 880,400,000 versus a total put value of 18,914,755,000 Combined total value = 19,795,155,000
Strike 182 has a total call value of 1,028,790,000 versus a total put value of 17,325,065,000 Combined total value = 18,353,855,000
Strike 182.5 has a total call value of 1,102,985,000 versus a total put value of 16,547,260,000 Combined total value = 17,650,245,000
Strike 183 has a total call value of 1,177,180,000 versus a total put value of 15,769,455,000 Combined total value = 16,946,635,000
Strike 184 has a total call value of 1,325,570,000 versus a total put value of 14,245,085,000 Combined total value = 15,570,655,000
Strike 185 has a total call value of 1,476,800,000 versus a total put value of 12,734,915,000 Combined total value = 14,211,715,000
Strike 186 has a total call value of 1,672,760,000 versus a total put value of 11,456,205,000 Combined total value = 13,128,965,000
Strike 187 has a total call value of 1,871,560,000 versus a total put value of 10,187,435,000 Combined total value = 12,058,995,000
Strike 187.5 has a total call value of 1,974,510,000 versus a total put value of 9,557,665,000 Combined total value = 11,532,175,000
Strike 188 has a total call value of 2,077,460,000 versus a total put value of 8,936,415,000 Combined total value = 11,013,875,000
Strike 189 has a total call value of 2,307,500,000 versus a total put value of 7,735,095,000 Combined total value = 10,042,595,000
Strike 190 has a total call value of 2,543,220,000 versus a total put value of 6,545,135,000 Combined total value = 9,088,355,000
Strike 191 has a total call value of 2,974,190,000 versus a total put value of 5,746,385,000 Combined total value = 8,720,575,000
Strike 192 has a total call value of 3,416,520,000 versus a total put value of 4,966,805,000 Combined total value = 8,383,325,000
Strike 192.5 has a total call value of 3,646,560,000 versus a total put value of 4,589,085,000 Combined total value = 8,235,645,000
Strike 193 has a total call value of 3,880,505,000 versus a total put value of 4,215,625,000 Combined total value = 8,096,130,000
Strike 194 has a total call value of 4,377,505,000 versus a total put value of 3,486,455,000 Combined total value = 7,863,960,000
Strike 195 has a total call value of 4,914,265,000 versus a total put value of 2,779,295,000 Combined total value = 7,693,560,000
Strike 196 has a total call value of 5,735,735,000 versus a total put value of 2,312,825,000 Combined total value = 8,048,560,000
Strike 197 has a total call value of 6,602,645,000 versus a total put value of 1,891,085,000 Combined total value = 8,493,730,000
Strike 197.5 has a total call value of 7,055,270,000 versus a total put value of 1,691,930,000 Combined total value = 8,747,200,000
Strike 198 has a total call value of 7,512,865,000 versus a total put value of 1,495,970,000 Combined total value = 9,008,835,000
Strike 199 has a total call value of 8,467,815,000 versus a total put value of 1,124,640,000 Combined total value = 9,592,455,000
Strike 200 has a total call value of 9,445,485,000 versus a total put value of 766,090,000 Combined total value = 10,211,575,000
Strike 201 has a total call value of 11,025,945,000 versus a total put value of 618,410,000 Combined total value = 11,644,355,000
Strike 202 has a total call value of 12,623,445,000 versus a total put value of 470,730,000 Combined total value = 13,094,175,000
Strike 202.5 has a total call value of 13,430,005,000 versus a total put value of 396,890,000 Combined total value = 13,826,895,000
Strike 203 has a total call value of 14,240,825,000 versus a total put value of 327,310,000 Combined total value = 14,568,135,000
Strike 204 has a total call value of 15,902,225,000 versus a total put value of 223,650,000 Combined total value = 16,125,875,000
Strike 205 has a total call value of 17,645,275,000 versus a total put value of 119,990,000 Combined total value = 17,765,265,000
Strike 206 has a total call value of 19,738,355,000 versus a total put value of 95,140,000 Combined total value = 19,833,495,000
Strike 207 has a total call value of 21,839,955,000 versus a total put value of 70,290,000 Combined total value = 21,910,245,000
Strike 207.5 has a total call value of 22,902,470,000 versus a total put value of 58,575,000 Combined total value = 22,961,045,000
Strike 208 has a total call value of 23,969,600,000 versus a total put value of 46,860,000 Combined total value = 24,016,460,000
Strike 209 has a total call value of 26,241,600,000 versus a total put value of 23,430,000 Combined total value = 26,265,030,000
Strike 210 has a total call value of 28,513,600,000 versus a total put value of 0 Combined total value = 28,513,600,000
Strike 211 has a total call value of 31,225,800,000 versus a total put value of 0 Combined total value = 31,225,800,000
Strike 212 has a total call value of 33,938,000,000 versus a total put value of 0 Combined total value = 33,938,000,000
Strike 212.5 has a total call value of 35,294,100,000 versus a total put value of 0 Combined total value = 35,294,100,000
Strike 213 has a total call value of 36,653,040,000 versus a total put value of 0 Combined total value = 36,653,040,000
Strike 214 has a total call value of 39,370,920,000 versus a total put value of 0 Combined total value = 39,370,920,000
Strike 215 has a total call value of 42,088,800,000 versus a total put value of 0 Combined total value = 42,088,800,000
Strike 216 has a total call value of 44,913,180,000 versus a total put value of 0 Combined total value = 44,913,180,000
Strike 217 has a total call value of 47,737,560,000 versus a total put value of 0 Combined total value = 47,737,560,000
Strike 217.5 has a total call value of 49,149,750,000 versus a total put value of 0 Combined total value = 49,149,750,000
Strike 218 has a total call value of 50,561,940,000 versus a total put value of 0 Combined total value = 50,561,940,000
Strike 220 has a total call value of 56,210,700,000 versus a total put value of 0 Combined total value = 56,210,700,000
Strike 222 has a total call value of 62,461,540,000 versus a total put value of 0 Combined total value = 62,461,540,000
Strike 222.5 has a total call value of 64,024,250,000 versus a total put value of 0 Combined total value = 64,024,250,000
Strike 223 has a total call value of 65,586,960,000 versus a total put value of 0 Combined total value = 65,586,960,000
Strike 224 has a total call value of 68,712,380,000 versus a total put value of 0 Combined total value = 68,712,380,000
Strike 225 has a total call value of 71,837,800,000 versus a total put value of 0 Combined total value = 71,837,800,000
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.