MRF
MRF LTD
Max pain for MRF
19 Mar 2024 01:21 PM IST
Max Pain for MRF is 138000
Strike 132000 has a total call value of 0 versus a total put value of 3,342,500,000 Combined total value = 3,342,500,000
Strike 132500 has a total call value of 750,000 versus a total put value of 3,076,750,000 Combined total value = 3,077,500,000
Strike 133000 has a total call value of 1,500,000 versus a total put value of 2,811,000,000 Combined total value = 2,812,500,000
Strike 133500 has a total call value of 2,250,000 versus a total put value of 2,545,250,000 Combined total value = 2,547,500,000
Strike 134000 has a total call value of 3,000,000 versus a total put value of 2,279,500,000 Combined total value = 2,282,500,000
Strike 134500 has a total call value of 18,500,000 versus a total put value of 2,034,500,000 Combined total value = 2,053,000,000
Strike 135000 has a total call value of 34,000,000 versus a total put value of 1,789,500,000 Combined total value = 1,823,500,000
Strike 135500 has a total call value of 70,750,000 versus a total put value of 1,649,000,000 Combined total value = 1,719,750,000
Strike 136000 has a total call value of 109,000,000 versus a total put value of 1,508,500,000 Combined total value = 1,617,500,000
Strike 136500 has a total call value of 175,500,000 versus a total put value of 1,378,000,000 Combined total value = 1,553,500,000
Strike 137000 has a total call value of 244,000,000 versus a total put value of 1,247,500,000 Combined total value = 1,491,500,000
Strike 137500 has a total call value of 350,250,000 versus a total put value of 1,126,000,000 Combined total value = 1,476,250,000
Strike 138000 has a total call value of 465,750,000 versus a total put value of 1,004,500,000 Combined total value = 1,470,250,000
Strike 138500 has a total call value of 652,750,000 versus a total put value of 891,500,000 Combined total value = 1,544,250,000
Strike 139000 has a total call value of 849,000,000 versus a total put value of 778,500,000 Combined total value = 1,627,500,000
Strike 139500 has a total call value of 1,070,000,000 versus a total put value of 665,500,000 Combined total value = 1,735,500,000
Strike 140000 has a total call value of 1,291,000,000 versus a total put value of 552,500,000 Combined total value = 1,843,500,000
Strike 140500 has a total call value of 1,801,750,000 versus a total put value of 508,500,000 Combined total value = 2,310,250,000
Strike 141000 has a total call value of 2,321,000,000 versus a total put value of 464,500,000 Combined total value = 2,785,500,000
Strike 141500 has a total call value of 2,868,000,000 versus a total put value of 420,500,000 Combined total value = 3,288,500,000
Strike 142000 has a total call value of 3,415,500,000 versus a total put value of 376,500,000 Combined total value = 3,792,000,000
Strike 142500 has a total call value of 3,993,500,000 versus a total put value of 332,500,000 Combined total value = 4,326,000,000
Strike 143000 has a total call value of 4,579,250,000 versus a total put value of 288,500,000 Combined total value = 4,867,750,000
Strike 143500 has a total call value of 5,189,250,000 versus a total put value of 244,500,000 Combined total value = 5,433,750,000
Strike 144000 has a total call value of 5,799,250,000 versus a total put value of 200,500,000 Combined total value = 5,999,750,000
Strike 144500 has a total call value of 6,438,500,000 versus a total put value of 156,500,000 Combined total value = 6,595,000,000
Strike 145000 has a total call value of 7,077,750,000 versus a total put value of 112,500,000 Combined total value = 7,190,250,000
Strike 145500 has a total call value of 8,038,750,000 versus a total put value of 101,250,000 Combined total value = 8,140,000,000
Strike 146000 has a total call value of 8,999,750,000 versus a total put value of 90,000,000 Combined total value = 9,089,750,000
Strike 146500 has a total call value of 9,996,250,000 versus a total put value of 78,750,000 Combined total value = 10,075,000,000
Strike 147000 has a total call value of 11,004,500,000 versus a total put value of 67,500,000 Combined total value = 11,072,000,000
Strike 147500 has a total call value of 12,051,750,000 versus a total put value of 56,250,000 Combined total value = 12,108,000,000
Strike 148000 has a total call value of 13,099,000,000 versus a total put value of 45,000,000 Combined total value = 13,144,000,000
Strike 148500 has a total call value of 14,146,250,000 versus a total put value of 33,750,000 Combined total value = 14,180,000,000
Strike 149000 has a total call value of 15,193,500,000 versus a total put value of 22,500,000 Combined total value = 15,216,000,000
Strike 149500 has a total call value of 16,255,500,000 versus a total put value of 11,250,000 Combined total value = 16,266,750,000
Strike 150000 has a total call value of 17,324,250,000 versus a total put value of 0 Combined total value = 17,324,250,000
Strike 150500 has a total call value of 18,902,000,000 versus a total put value of 0 Combined total value = 18,902,000,000
Strike 151000 has a total call value of 20,479,750,000 versus a total put value of 0 Combined total value = 20,479,750,000
Strike 151500 has a total call value of 22,061,250,000 versus a total put value of 0 Combined total value = 22,061,250,000
Strike 152000 has a total call value of 23,642,750,000 versus a total put value of 0 Combined total value = 23,642,750,000
Strike 152500 has a total call value of 25,240,000,000 versus a total put value of 0 Combined total value = 25,240,000,000
Strike 153000 has a total call value of 26,837,250,000 versus a total put value of 0 Combined total value = 26,837,250,000
Strike 153500 has a total call value of 28,434,500,000 versus a total put value of 0 Combined total value = 28,434,500,000
Strike 154000 has a total call value of 30,031,750,000 versus a total put value of 0 Combined total value = 30,031,750,000
Strike 154500 has a total call value of 31,629,000,000 versus a total put value of 0 Combined total value = 31,629,000,000
Strike 155000 has a total call value of 33,226,250,000 versus a total put value of 0 Combined total value = 33,226,250,000
Strike 155500 has a total call value of 34,898,750,000 versus a total put value of 0 Combined total value = 34,898,750,000
Strike 156000 has a total call value of 36,571,250,000 versus a total put value of 0 Combined total value = 36,571,250,000
Strike 156500 has a total call value of 38,243,750,000 versus a total put value of 0 Combined total value = 38,243,750,000
Strike 157000 has a total call value of 39,916,250,000 versus a total put value of 0 Combined total value = 39,916,250,000
Strike 157500 has a total call value of 41,588,750,000 versus a total put value of 0 Combined total value = 41,588,750,000
Strike 158000 has a total call value of 43,261,250,000 versus a total put value of 0 Combined total value = 43,261,250,000
Strike 158500 has a total call value of 44,939,750,000 versus a total put value of 0 Combined total value = 44,939,750,000
Strike 159000 has a total call value of 46,618,250,000 versus a total put value of 0 Combined total value = 46,618,250,000
Strike 159500 has a total call value of 48,296,750,000 versus a total put value of 0 Combined total value = 48,296,750,000
Strike 160000 has a total call value of 49,975,250,000 versus a total put value of 0 Combined total value = 49,975,250,000
Strike 160500 has a total call value of 51,830,250,000 versus a total put value of 0 Combined total value = 51,830,250,000
Strike 161000 has a total call value of 53,685,250,000 versus a total put value of 0 Combined total value = 53,685,250,000
Strike 161500 has a total call value of 55,540,250,000 versus a total put value of 0 Combined total value = 55,540,250,000
Strike 162000 has a total call value of 57,395,250,000 versus a total put value of 0 Combined total value = 57,395,250,000
Strike 162500 has a total call value of 59,250,250,000 versus a total put value of 0 Combined total value = 59,250,250,000
Strike 163000 has a total call value of 61,105,250,000 versus a total put value of 0 Combined total value = 61,105,250,000
Strike 163500 has a total call value of 62,960,250,000 versus a total put value of 0 Combined total value = 62,960,250,000
Strike 164000 has a total call value of 64,815,250,000 versus a total put value of 0 Combined total value = 64,815,250,000
Max Pain - Choose a symbol
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M
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O
P
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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.