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PAGEIND
PAGE INDUSTRIES LTD

38512.7 -320.30 (-0.82%)

Max pain for PAGEIND

14 Jun 2024 04:07 PM IST

Max Pain for PAGEIND is 38000  



Strike  31000  has a total call value of 0  versus a total put value of  13,592,250,000 Combined total value = 13,592,250,000

Strike  31250  has a total call value of 0  versus a total put value of  13,027,500,000 Combined total value = 13,027,500,000

Strike  31500  has a total call value of 0  versus a total put value of  12,462,750,000 Combined total value = 12,462,750,000

Strike  31750  has a total call value of 0  versus a total put value of  11,898,000,000 Combined total value = 11,898,000,000

Strike  32000  has a total call value of 0  versus a total put value of  11,333,250,000 Combined total value = 11,333,250,000

Strike  32250  has a total call value of 0  versus a total put value of  10,773,000,000 Combined total value = 10,773,000,000

Strike  32500  has a total call value of 0  versus a total put value of  10,212,750,000 Combined total value = 10,212,750,000

Strike  32750  has a total call value of 0  versus a total put value of  9,652,500,000 Combined total value = 9,652,500,000

Strike  33000  has a total call value of 0  versus a total put value of  9,092,250,000 Combined total value = 9,092,250,000

Strike  33250  has a total call value of 0  versus a total put value of  8,532,000,000 Combined total value = 8,532,000,000

Strike  33500  has a total call value of 0  versus a total put value of  7,972,125,000 Combined total value = 7,972,125,000

Strike  33750  has a total call value of 0  versus a total put value of  7,417,875,000 Combined total value = 7,417,875,000

Strike  34000  has a total call value of 0  versus a total put value of  6,863,625,000 Combined total value = 6,863,625,000

Strike  34250  has a total call value of 0  versus a total put value of  6,372,375,000 Combined total value = 6,372,375,000

Strike  34500  has a total call value of 0  versus a total put value of  5,881,125,000 Combined total value = 5,881,125,000

Strike  34750  has a total call value of 0  versus a total put value of  5,389,875,000 Combined total value = 5,389,875,000

Strike  35000  has a total call value of 0  versus a total put value of  4,898,625,000 Combined total value = 4,898,625,000

Strike  35250  has a total call value of 0  versus a total put value of  4,429,125,000 Combined total value = 4,429,125,000

Strike  35500  has a total call value of 0  versus a total put value of  3,959,625,000 Combined total value = 3,959,625,000

Strike  35750  has a total call value of 0  versus a total put value of  3,490,125,000 Combined total value = 3,490,125,000

Strike  36000  has a total call value of 0  versus a total put value of  3,020,625,000 Combined total value = 3,020,625,000

Strike  36250  has a total call value of 0  versus a total put value of  2,622,375,000 Combined total value = 2,622,375,000

Strike  36500  has a total call value of 0  versus a total put value of  2,224,125,000 Combined total value = 2,224,125,000

Strike  36750  has a total call value of 0  versus a total put value of  1,843,875,000 Combined total value = 1,843,875,000

Strike  37000  has a total call value of 0  versus a total put value of  1,463,625,000 Combined total value = 1,463,625,000

Strike  37250  has a total call value of 123,375,000  versus a total put value of  1,178,625,000 Combined total value = 1,302,000,000

Strike  37500  has a total call value of 246,750,000  versus a total put value of  893,625,000 Combined total value = 1,140,375,000

Strike  37750  has a total call value of 386,250,000  versus a total put value of  633,750,000 Combined total value = 1,020,000,000

Strike  38000  has a total call value of 525,750,000  versus a total put value of  375,750,000 Combined total value = 901,500,000

Strike  38250  has a total call value of 763,125,000  versus a total put value of  269,250,000 Combined total value = 1,032,375,000

Strike  38500  has a total call value of 1,003,875,000  versus a total put value of  171,750,000 Combined total value = 1,175,625,000

Strike  38750  has a total call value of 1,272,750,000  versus a total put value of  117,750,000 Combined total value = 1,390,500,000

Strike  39000  has a total call value of 1,558,125,000  versus a total put value of  66,000,000 Combined total value = 1,624,125,000

Strike  39250  has a total call value of 1,955,625,000  versus a total put value of  43,125,000 Combined total value = 1,998,750,000

Strike  39500  has a total call value of 2,359,125,000  versus a total put value of  20,250,000 Combined total value = 2,379,375,000

Strike  39750  has a total call value of 2,771,250,000  versus a total put value of  10,125,000 Combined total value = 2,781,375,000

Strike  40000  has a total call value of 3,187,875,000  versus a total put value of  0 Combined total value = 3,187,875,000

Strike  40250  has a total call value of 3,802,500,000  versus a total put value of  0 Combined total value = 3,802,500,000

Strike  40500  has a total call value of 4,417,125,000  versus a total put value of  0 Combined total value = 4,417,125,000

Strike  40750  has a total call value of 5,037,000,000  versus a total put value of  0 Combined total value = 5,037,000,000

Strike  41000  has a total call value of 5,656,875,000  versus a total put value of  0 Combined total value = 5,656,875,000

Strike  41250  has a total call value of 6,324,750,000  versus a total put value of  0 Combined total value = 6,324,750,000

Strike  41500  has a total call value of 6,992,625,000  versus a total put value of  0 Combined total value = 6,992,625,000

Strike  41750  has a total call value of 7,690,875,000  versus a total put value of  0 Combined total value = 7,690,875,000

Strike  42000  has a total call value of 8,389,125,000  versus a total put value of  0 Combined total value = 8,389,125,000

Strike  42250  has a total call value of 9,121,125,000  versus a total put value of  0 Combined total value = 9,121,125,000

Strike  42500  has a total call value of 9,853,125,000  versus a total put value of  0 Combined total value = 9,853,125,000

Strike  42750  has a total call value of 10,585,125,000  versus a total put value of  0 Combined total value = 10,585,125,000

Strike  43000  has a total call value of 11,317,125,000  versus a total put value of  0 Combined total value = 11,317,125,000

Strike  43250  has a total call value of 12,056,250,000  versus a total put value of  0 Combined total value = 12,056,250,000

Strike  43500  has a total call value of 12,795,375,000  versus a total put value of  0 Combined total value = 12,795,375,000

Strike  43750  has a total call value of 13,534,500,000  versus a total put value of  0 Combined total value = 13,534,500,000

Strike  44000  has a total call value of 14,273,625,000  versus a total put value of  0 Combined total value = 14,273,625,000

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.