MOTHERSON
SAMVRDHNA MTHRSN INTL LTD
Max pain for MOTHERSON
04 Jul 2024 12:13 PM IST
Max Pain for MOTHERSON is 200
Strike 116 has a total call value of 0 versus a total put value of 306,724,260,000 Combined total value = 306,724,260,000
Strike 117 has a total call value of 0 versus a total put value of 302,049,620,000 Combined total value = 302,049,620,000
Strike 118 has a total call value of 0 versus a total put value of 297,374,980,000 Combined total value = 297,374,980,000
Strike 119 has a total call value of 0 versus a total put value of 292,700,340,000 Combined total value = 292,700,340,000
Strike 120 has a total call value of 0 versus a total put value of 288,025,700,000 Combined total value = 288,025,700,000
Strike 121 has a total call value of 0 versus a total put value of 283,367,390,000 Combined total value = 283,367,390,000
Strike 122 has a total call value of 0 versus a total put value of 278,709,080,000 Combined total value = 278,709,080,000
Strike 123 has a total call value of 0 versus a total put value of 274,050,770,000 Combined total value = 274,050,770,000
Strike 124 has a total call value of 0 versus a total put value of 269,392,460,000 Combined total value = 269,392,460,000
Strike 125 has a total call value of 0 versus a total put value of 264,734,150,000 Combined total value = 264,734,150,000
Strike 126 has a total call value of 0 versus a total put value of 260,075,840,000 Combined total value = 260,075,840,000
Strike 127 has a total call value of 0 versus a total put value of 255,417,530,000 Combined total value = 255,417,530,000
Strike 128 has a total call value of 0 versus a total put value of 250,759,220,000 Combined total value = 250,759,220,000
Strike 129 has a total call value of 0 versus a total put value of 246,100,910,000 Combined total value = 246,100,910,000
Strike 130 has a total call value of 0 versus a total put value of 241,442,600,000 Combined total value = 241,442,600,000
Strike 131 has a total call value of 0 versus a total put value of 236,784,290,000 Combined total value = 236,784,290,000
Strike 132 has a total call value of 0 versus a total put value of 232,125,980,000 Combined total value = 232,125,980,000
Strike 133 has a total call value of 0 versus a total put value of 227,467,670,000 Combined total value = 227,467,670,000
Strike 134 has a total call value of 0 versus a total put value of 222,809,360,000 Combined total value = 222,809,360,000
Strike 135 has a total call value of 0 versus a total put value of 218,151,050,000 Combined total value = 218,151,050,000
Strike 136 has a total call value of 0 versus a total put value of 213,492,740,000 Combined total value = 213,492,740,000
Strike 137 has a total call value of 0 versus a total put value of 208,834,430,000 Combined total value = 208,834,430,000
Strike 137.5 has a total call value of 0 versus a total put value of 206,505,275,000 Combined total value = 206,505,275,000
Strike 138 has a total call value of 0 versus a total put value of 204,176,120,000 Combined total value = 204,176,120,000
Strike 139 has a total call value of 0 versus a total put value of 199,517,810,000 Combined total value = 199,517,810,000
Strike 140 has a total call value of 0 versus a total put value of 194,859,500,000 Combined total value = 194,859,500,000
Strike 141 has a total call value of 0 versus a total put value of 190,201,190,000 Combined total value = 190,201,190,000
Strike 142 has a total call value of 0 versus a total put value of 185,542,880,000 Combined total value = 185,542,880,000
Strike 142.5 has a total call value of 355,000 versus a total put value of 183,213,725,000 Combined total value = 183,214,080,000
Strike 143 has a total call value of 710,000 versus a total put value of 180,884,570,000 Combined total value = 180,885,280,000
Strike 144 has a total call value of 1,420,000 versus a total put value of 176,226,260,000 Combined total value = 176,227,680,000
Strike 145 has a total call value of 2,130,000 versus a total put value of 171,567,950,000 Combined total value = 171,570,080,000
Strike 146 has a total call value of 2,840,000 versus a total put value of 166,909,640,000 Combined total value = 166,912,480,000
Strike 147 has a total call value of 3,550,000 versus a total put value of 162,251,330,000 Combined total value = 162,254,880,000
Strike 147.5 has a total call value of 3,905,000 versus a total put value of 159,922,175,000 Combined total value = 159,926,080,000
Strike 148 has a total call value of 4,260,000 versus a total put value of 157,593,020,000 Combined total value = 157,597,280,000
Strike 149 has a total call value of 4,970,000 versus a total put value of 152,934,710,000 Combined total value = 152,939,680,000
Strike 150 has a total call value of 5,680,000 versus a total put value of 148,276,400,000 Combined total value = 148,282,080,000
Strike 151 has a total call value of 6,390,000 versus a total put value of 143,751,570,000 Combined total value = 143,757,960,000
Strike 152 has a total call value of 7,100,000 versus a total put value of 139,226,740,000 Combined total value = 139,233,840,000
Strike 152.5 has a total call value of 7,455,000 versus a total put value of 136,964,325,000 Combined total value = 136,971,780,000
Strike 153 has a total call value of 7,810,000 versus a total put value of 134,701,910,000 Combined total value = 134,709,720,000
Strike 154 has a total call value of 8,520,000 versus a total put value of 130,177,080,000 Combined total value = 130,185,600,000
Strike 155 has a total call value of 9,230,000 versus a total put value of 125,652,250,000 Combined total value = 125,661,480,000
Strike 156 has a total call value of 9,940,000 versus a total put value of 121,127,420,000 Combined total value = 121,137,360,000
Strike 157 has a total call value of 12,780,000 versus a total put value of 116,602,590,000 Combined total value = 116,615,370,000
Strike 157.5 has a total call value of 14,200,000 versus a total put value of 114,340,175,000 Combined total value = 114,354,375,000
Strike 158 has a total call value of 15,620,000 versus a total put value of 112,077,760,000 Combined total value = 112,093,380,000
Strike 159 has a total call value of 18,460,000 versus a total put value of 107,552,930,000 Combined total value = 107,571,390,000
Strike 160 has a total call value of 21,300,000 versus a total put value of 103,028,100,000 Combined total value = 103,049,400,000
Strike 161 has a total call value of 24,140,000 versus a total put value of 99,172,090,000 Combined total value = 99,196,230,000
Strike 162 has a total call value of 26,980,000 versus a total put value of 95,316,080,000 Combined total value = 95,343,060,000
Strike 162.5 has a total call value of 28,400,000 versus a total put value of 93,388,075,000 Combined total value = 93,416,475,000
Strike 163 has a total call value of 29,820,000 versus a total put value of 91,460,070,000 Combined total value = 91,489,890,000
Strike 164 has a total call value of 32,660,000 versus a total put value of 87,604,060,000 Combined total value = 87,636,720,000
Strike 165 has a total call value of 39,760,000 versus a total put value of 83,748,050,000 Combined total value = 83,787,810,000
Strike 166 has a total call value of 46,860,000 versus a total put value of 80,031,200,000 Combined total value = 80,078,060,000
Strike 167 has a total call value of 53,960,000 versus a total put value of 76,316,480,000 Combined total value = 76,370,440,000
Strike 167.5 has a total call value of 57,510,000 versus a total put value of 74,459,120,000 Combined total value = 74,516,630,000
Strike 168 has a total call value of 61,060,000 versus a total put value of 72,601,760,000 Combined total value = 72,662,820,000
Strike 169 has a total call value of 68,160,000 versus a total put value of 68,887,040,000 Combined total value = 68,955,200,000
Strike 170 has a total call value of 75,970,000 versus a total put value of 65,172,320,000 Combined total value = 65,248,290,000
Strike 171 has a total call value of 144,840,000 versus a total put value of 62,021,340,000 Combined total value = 62,166,180,000
Strike 172 has a total call value of 213,710,000 versus a total put value of 58,870,360,000 Combined total value = 59,084,070,000
Strike 172.5 has a total call value of 248,145,000 versus a total put value of 57,294,870,000 Combined total value = 57,543,015,000
Strike 173 has a total call value of 282,580,000 versus a total put value of 55,719,380,000 Combined total value = 56,001,960,000
Strike 174 has a total call value of 351,450,000 versus a total put value of 52,568,400,000 Combined total value = 52,919,850,000
Strike 175 has a total call value of 420,320,000 versus a total put value of 49,417,420,000 Combined total value = 49,837,740,000
Strike 176 has a total call value of 509,070,000 versus a total put value of 46,490,090,000 Combined total value = 46,999,160,000
Strike 177 has a total call value of 597,820,000 versus a total put value of 43,562,760,000 Combined total value = 44,160,580,000
Strike 177.5 has a total call value of 642,195,000 versus a total put value of 42,099,095,000 Combined total value = 42,741,290,000
Strike 178 has a total call value of 686,570,000 versus a total put value of 40,635,430,000 Combined total value = 41,322,000,000
Strike 179 has a total call value of 775,320,000 versus a total put value of 37,708,100,000 Combined total value = 38,483,420,000
Strike 180 has a total call value of 864,070,000 versus a total put value of 34,780,770,000 Combined total value = 35,644,840,000
Strike 181 has a total call value of 1,025,240,000 versus a total put value of 32,435,640,000 Combined total value = 33,460,880,000
Strike 182 has a total call value of 1,186,410,000 versus a total put value of 30,110,390,000 Combined total value = 31,296,800,000
Strike 182.5 has a total call value of 1,266,995,000 versus a total put value of 28,947,765,000 Combined total value = 30,214,760,000
Strike 183 has a total call value of 1,347,580,000 versus a total put value of 27,785,140,000 Combined total value = 29,132,720,000
Strike 184 has a total call value of 1,508,750,000 versus a total put value of 25,535,150,000 Combined total value = 27,043,900,000
Strike 185 has a total call value of 1,669,920,000 versus a total put value of 23,303,620,000 Combined total value = 24,973,540,000
Strike 186 has a total call value of 1,868,010,000 versus a total put value of 21,329,110,000 Combined total value = 23,197,120,000
Strike 187 has a total call value of 2,066,100,000 versus a total put value of 19,366,670,000 Combined total value = 21,432,770,000
Strike 187.5 has a total call value of 2,165,145,000 versus a total put value of 18,385,450,000 Combined total value = 20,550,595,000
Strike 188 has a total call value of 2,264,190,000 versus a total put value of 17,408,845,000 Combined total value = 19,673,035,000
Strike 189 has a total call value of 2,462,280,000 versus a total put value of 15,506,755,000 Combined total value = 17,969,035,000
Strike 190 has a total call value of 2,660,370,000 versus a total put value of 13,633,065,000 Combined total value = 16,293,435,000
Strike 191 has a total call value of 3,035,250,000 versus a total put value of 12,269,155,000 Combined total value = 15,304,405,000
Strike 192 has a total call value of 3,410,130,000 versus a total put value of 10,905,245,000 Combined total value = 14,315,375,000
Strike 192.5 has a total call value of 3,597,570,000 versus a total put value of 10,237,135,000 Combined total value = 13,834,705,000
Strike 193 has a total call value of 3,785,010,000 versus a total put value of 9,569,025,000 Combined total value = 13,354,035,000
Strike 194 has a total call value of 4,190,420,000 versus a total put value of 8,263,335,000 Combined total value = 12,453,755,000
Strike 195 has a total call value of 4,628,490,000 versus a total put value of 6,976,105,000 Combined total value = 11,604,595,000
Strike 196 has a total call value of 5,250,450,000 versus a total put value of 5,997,725,000 Combined total value = 11,248,175,000
Strike 197 has a total call value of 5,916,430,000 versus a total put value of 5,080,405,000 Combined total value = 10,996,835,000
Strike 197.5 has a total call value of 6,262,555,000 versus a total put value of 4,635,945,000 Combined total value = 10,898,500,000
Strike 198 has a total call value of 6,608,680,000 versus a total put value of 4,195,390,000 Combined total value = 10,804,070,000
Strike 199 has a total call value of 7,324,360,000 versus a total put value of 3,337,710,000 Combined total value = 10,662,070,000
Strike 200 has a total call value of 8,057,080,000 versus a total put value of 2,497,070,000 Combined total value = 10,554,150,000
Strike 201 has a total call value of 9,268,340,000 versus a total put value of 2,100,180,000 Combined total value = 11,368,520,000
Strike 202 has a total call value of 10,492,380,000 versus a total put value of 1,703,290,000 Combined total value = 12,195,670,000
Strike 202.5 has a total call value of 11,110,435,000 versus a total put value of 1,504,845,000 Combined total value = 12,615,280,000
Strike 203 has a total call value of 11,733,460,000 versus a total put value of 1,317,050,000 Combined total value = 13,050,510,000
Strike 204 has a total call value of 13,012,170,000 versus a total put value of 998,260,000 Combined total value = 14,010,430,000
Strike 205 has a total call value of 14,337,740,000 versus a total put value of 679,470,000 Combined total value = 15,017,210,000
Strike 206 has a total call value of 16,068,720,000 versus a total put value of 539,600,000 Combined total value = 16,608,320,000
Strike 207 has a total call value of 17,852,240,000 versus a total put value of 399,730,000 Combined total value = 18,251,970,000
Strike 207.5 has a total call value of 18,784,470,000 versus a total put value of 346,125,000 Combined total value = 19,130,595,000
Strike 208 has a total call value of 19,738,355,000 versus a total put value of 295,005,000 Combined total value = 20,033,360,000
Strike 209 has a total call value of 21,773,925,000 versus a total put value of 192,765,000 Combined total value = 21,966,690,000
Strike 210 has a total call value of 23,809,495,000 versus a total put value of 90,525,000 Combined total value = 23,900,020,000
Strike 211 has a total call value of 26,430,105,000 versus a total put value of 79,165,000 Combined total value = 26,509,270,000
Strike 212 has a total call value of 29,050,715,000 versus a total put value of 67,805,000 Combined total value = 29,118,520,000
Strike 212.5 has a total call value of 30,361,020,000 versus a total put value of 62,125,000 Combined total value = 30,423,145,000
Strike 213 has a total call value of 31,683,040,000 versus a total put value of 56,800,000 Combined total value = 31,739,840,000
Strike 214 has a total call value of 34,327,080,000 versus a total put value of 46,150,000 Combined total value = 34,373,230,000
Strike 215 has a total call value of 36,971,120,000 versus a total put value of 35,500,000 Combined total value = 37,006,620,000
Strike 216 has a total call value of 39,877,150,000 versus a total put value of 28,400,000 Combined total value = 39,905,550,000
Strike 217 has a total call value of 42,783,180,000 versus a total put value of 21,300,000 Combined total value = 42,804,480,000
Strike 217.5 has a total call value of 44,236,195,000 versus a total put value of 17,750,000 Combined total value = 44,253,945,000
Strike 218 has a total call value of 45,696,665,000 versus a total put value of 14,200,000 Combined total value = 45,710,865,000
Strike 220 has a total call value of 51,538,545,000 versus a total put value of 0 Combined total value = 51,538,545,000
Strike 222 has a total call value of 58,321,885,000 versus a total put value of 0 Combined total value = 58,321,885,000
Strike 222.5 has a total call value of 60,017,720,000 versus a total put value of 0 Combined total value = 60,017,720,000
Strike 223 has a total call value of 61,721,010,000 versus a total put value of 0 Combined total value = 61,721,010,000
Strike 224 has a total call value of 65,127,590,000 versus a total put value of 0 Combined total value = 65,127,590,000
Strike 225 has a total call value of 68,534,170,000 versus a total put value of 0 Combined total value = 68,534,170,000
Strike 226 has a total call value of 72,503,780,000 versus a total put value of 0 Combined total value = 72,503,780,000
Strike 227 has a total call value of 76,473,390,000 versus a total put value of 0 Combined total value = 76,473,390,000
Strike 227.5 has a total call value of 78,458,195,000 versus a total put value of 0 Combined total value = 78,458,195,000
Strike 228 has a total call value of 80,451,165,000 versus a total put value of 0 Combined total value = 80,451,165,000
Strike 230 has a total call value of 88,423,045,000 versus a total put value of 0 Combined total value = 88,423,045,000
Strike 232 has a total call value of 96,597,985,000 versus a total put value of 0 Combined total value = 96,597,985,000
Strike 232.5 has a total call value of 98,641,720,000 versus a total put value of 0 Combined total value = 98,641,720,000
Strike 234 has a total call value of 104,796,355,000 versus a total put value of 0 Combined total value = 104,796,355,000
Strike 235 has a total call value of 108,899,445,000 versus a total put value of 0 Combined total value = 108,899,445,000
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.