NESTLEIND
NESTLE INDIA LIMITED
Max pain for NESTLEIND
29 Nov 2023 04:17 PM IST
Max Pain for NESTLEIND is 24300
Strike 21300 has a total call value of 0 versus a total put value of 14,837,600,000 Combined total value = 14,837,600,000
Strike 21400 has a total call value of 0 versus a total put value of 14,252,800,000 Combined total value = 14,252,800,000
Strike 21500 has a total call value of 0 versus a total put value of 13,668,000,000 Combined total value = 13,668,000,000
Strike 21600 has a total call value of 0 versus a total put value of 13,083,200,000 Combined total value = 13,083,200,000
Strike 21700 has a total call value of 0 versus a total put value of 12,498,400,000 Combined total value = 12,498,400,000
Strike 21800 has a total call value of 0 versus a total put value of 11,913,600,000 Combined total value = 11,913,600,000
Strike 21900 has a total call value of 0 versus a total put value of 11,328,800,000 Combined total value = 11,328,800,000
Strike 22000 has a total call value of 0 versus a total put value of 10,744,000,000 Combined total value = 10,744,000,000
Strike 22100 has a total call value of 0 versus a total put value of 10,200,800,000 Combined total value = 10,200,800,000
Strike 22200 has a total call value of 0 versus a total put value of 9,657,600,000 Combined total value = 9,657,600,000
Strike 22300 has a total call value of 0 versus a total put value of 9,114,400,000 Combined total value = 9,114,400,000
Strike 22400 has a total call value of 0 versus a total put value of 8,571,200,000 Combined total value = 8,571,200,000
Strike 22500 has a total call value of 0 versus a total put value of 8,028,000,000 Combined total value = 8,028,000,000
Strike 22600 has a total call value of 0 versus a total put value of 7,484,800,000 Combined total value = 7,484,800,000
Strike 22700 has a total call value of 0 versus a total put value of 6,941,600,000 Combined total value = 6,941,600,000
Strike 22800 has a total call value of 0 versus a total put value of 6,398,400,000 Combined total value = 6,398,400,000
Strike 22900 has a total call value of 0 versus a total put value of 5,855,200,000 Combined total value = 5,855,200,000
Strike 23000 has a total call value of 0 versus a total put value of 5,312,000,000 Combined total value = 5,312,000,000
Strike 23100 has a total call value of 0 versus a total put value of 4,807,600,000 Combined total value = 4,807,600,000
Strike 23200 has a total call value of 0 versus a total put value of 4,303,200,000 Combined total value = 4,303,200,000
Strike 23300 has a total call value of 0 versus a total put value of 3,798,800,000 Combined total value = 3,798,800,000
Strike 23400 has a total call value of 0 versus a total put value of 3,294,400,000 Combined total value = 3,294,400,000
Strike 23500 has a total call value of 0 versus a total put value of 2,791,200,000 Combined total value = 2,791,200,000
Strike 23600 has a total call value of 15,200,000 versus a total put value of 2,344,400,000 Combined total value = 2,359,600,000
Strike 23700 has a total call value of 30,400,000 versus a total put value of 1,900,400,000 Combined total value = 1,930,800,000
Strike 23800 has a total call value of 45,600,000 versus a total put value of 1,467,200,000 Combined total value = 1,512,800,000
Strike 23900 has a total call value of 60,800,000 versus a total put value of 1,052,400,000 Combined total value = 1,113,200,000
Strike 24000 has a total call value of 83,200,000 versus a total put value of 648,800,000 Combined total value = 732,000,000
Strike 24100 has a total call value of 161,200,000 versus a total put value of 477,600,000 Combined total value = 638,800,000
Strike 24200 has a total call value of 260,000,000 versus a total put value of 319,600,000 Combined total value = 579,600,000
Strike 24300 has a total call value of 393,600,000 versus a total put value of 170,800,000 Combined total value = 564,400,000
Strike 24400 has a total call value of 580,800,000 versus a total put value of 76,000,000 Combined total value = 656,800,000
Strike 24500 has a total call value of 815,600,000 versus a total put value of 0 Combined total value = 815,600,000
Strike 24600 has a total call value of 1,181,200,000 versus a total put value of 0 Combined total value = 1,181,200,000
Strike 24700 has a total call value of 1,558,000,000 versus a total put value of 0 Combined total value = 1,558,000,000
Strike 24800 has a total call value of 1,945,200,000 versus a total put value of 0 Combined total value = 1,945,200,000
Strike 24900 has a total call value of 2,337,200,000 versus a total put value of 0 Combined total value = 2,337,200,000
Strike 25000 has a total call value of 2,729,200,000 versus a total put value of 0 Combined total value = 2,729,200,000
Strike 25100 has a total call value of 3,297,200,000 versus a total put value of 0 Combined total value = 3,297,200,000
Strike 25200 has a total call value of 3,866,000,000 versus a total put value of 0 Combined total value = 3,866,000,000
Strike 25300 has a total call value of 4,434,800,000 versus a total put value of 0 Combined total value = 4,434,800,000
Strike 25400 has a total call value of 5,003,600,000 versus a total put value of 0 Combined total value = 5,003,600,000
Strike 25500 has a total call value of 5,572,400,000 versus a total put value of 0 Combined total value = 5,572,400,000
Strike 25600 has a total call value of 6,189,200,000 versus a total put value of 0 Combined total value = 6,189,200,000
Strike 25700 has a total call value of 6,806,000,000 versus a total put value of 0 Combined total value = 6,806,000,000
Strike 25800 has a total call value of 7,422,800,000 versus a total put value of 0 Combined total value = 7,422,800,000
Strike 25900 has a total call value of 8,039,600,000 versus a total put value of 0 Combined total value = 8,039,600,000
Strike 26000 has a total call value of 8,656,400,000 versus a total put value of 0 Combined total value = 8,656,400,000
Strike 26100 has a total call value of 9,462,000,000 versus a total put value of 0 Combined total value = 9,462,000,000
Strike 26200 has a total call value of 10,267,600,000 versus a total put value of 0 Combined total value = 10,267,600,000
Strike 26300 has a total call value of 11,073,200,000 versus a total put value of 0 Combined total value = 11,073,200,000
Max Pain - Choose a symbol
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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.