PETRONET
PETRONET LNG LIMITED
Max pain for PETRONET
29 Nov 2023 04:17 PM IST
Max Pain for PETRONET is 198
Strike 168 has a total call value of 0 versus a total put value of 17,952,900,000 Combined total value = 17,952,900,000
Strike 170 has a total call value of 0 versus a total put value of 16,553,700,000 Combined total value = 16,553,700,000
Strike 170.5 has a total call value of 0 versus a total put value of 16,203,900,000 Combined total value = 16,203,900,000
Strike 172.5 has a total call value of 0 versus a total put value of 14,816,700,000 Combined total value = 14,816,700,000
Strike 173 has a total call value of 0 versus a total put value of 14,469,900,000 Combined total value = 14,469,900,000
Strike 175 has a total call value of 0 versus a total put value of 13,236,900,000 Combined total value = 13,236,900,000
Strike 175.5 has a total call value of 0 versus a total put value of 12,928,650,000 Combined total value = 12,928,650,000
Strike 177.5 has a total call value of 0 versus a total put value of 11,700,450,000 Combined total value = 11,700,450,000
Strike 178 has a total call value of 0 versus a total put value of 11,393,400,000 Combined total value = 11,393,400,000
Strike 180 has a total call value of 0 versus a total put value of 10,197,600,000 Combined total value = 10,197,600,000
Strike 180.5 has a total call value of 0 versus a total put value of 9,898,650,000 Combined total value = 9,898,650,000
Strike 182.5 has a total call value of 4,200,000 versus a total put value of 8,717,250,000 Combined total value = 8,721,450,000
Strike 183 has a total call value of 5,250,000 versus a total put value of 8,421,900,000 Combined total value = 8,427,150,000
Strike 185 has a total call value of 41,250,000 versus a total put value of 7,417,500,000 Combined total value = 7,458,750,000
Strike 185.5 has a total call value of 50,250,000 versus a total put value of 7,173,600,000 Combined total value = 7,223,850,000
Strike 187.5 has a total call value of 86,250,000 versus a total put value of 6,222,600,000 Combined total value = 6,308,850,000
Strike 188 has a total call value of 95,250,000 versus a total put value of 5,987,400,000 Combined total value = 6,082,650,000
Strike 190 has a total call value of 158,250,000 versus a total put value of 5,112,600,000 Combined total value = 5,270,850,000
Strike 190.5 has a total call value of 175,350,000 versus a total put value of 4,908,450,000 Combined total value = 5,083,800,000
Strike 192.5 has a total call value of 293,550,000 versus a total put value of 4,137,450,000 Combined total value = 4,431,000,000
Strike 193 has a total call value of 326,550,000 versus a total put value of 3,949,950,000 Combined total value = 4,276,500,000
Strike 195 has a total call value of 582,750,000 versus a total put value of 3,364,950,000 Combined total value = 3,947,700,000
Strike 195.5 has a total call value of 665,100,000 versus a total put value of 3,242,700,000 Combined total value = 3,907,800,000
Strike 197.5 has a total call value of 1,024,500,000 versus a total put value of 2,765,100,000 Combined total value = 3,789,600,000
Strike 198 has a total call value of 1,125,000,000 versus a total put value of 2,650,950,000 Combined total value = 3,775,950,000
Strike 200 has a total call value of 1,621,800,000 versus a total put value of 2,253,150,000 Combined total value = 3,874,950,000
Strike 200.5 has a total call value of 1,778,850,000 versus a total put value of 2,162,100,000 Combined total value = 3,940,950,000
Strike 202.5 has a total call value of 2,473,050,000 versus a total put value of 1,811,100,000 Combined total value = 4,284,150,000
Strike 203 has a total call value of 2,659,050,000 versus a total put value of 1,724,850,000 Combined total value = 4,383,900,000
Strike 205 has a total call value of 3,740,250,000 versus a total put value of 1,456,050,000 Combined total value = 5,196,300,000
Strike 205.5 has a total call value of 4,026,000,000 versus a total put value of 1,390,200,000 Combined total value = 5,416,200,000
Strike 207.5 has a total call value of 5,214,000,000 versus a total put value of 1,132,800,000 Combined total value = 6,346,800,000
Strike 208 has a total call value of 5,514,750,000 versus a total put value of 1,068,450,000 Combined total value = 6,583,200,000
Strike 210 has a total call value of 6,846,750,000 versus a total put value of 847,050,000 Combined total value = 7,693,800,000
Strike 210.5 has a total call value of 7,194,900,000 versus a total put value of 792,600,000 Combined total value = 7,987,500,000
Strike 212.5 has a total call value of 8,615,100,000 versus a total put value of 582,600,000 Combined total value = 9,197,700,000
Strike 213 has a total call value of 8,970,150,000 versus a total put value of 530,100,000 Combined total value = 9,500,250,000
Strike 215 has a total call value of 10,755,750,000 versus a total put value of 423,300,000 Combined total value = 11,179,050,000
Strike 215.5 has a total call value of 11,206,200,000 versus a total put value of 396,600,000 Combined total value = 11,602,800,000
Strike 217.5 has a total call value of 13,030,200,000 versus a total put value of 289,800,000 Combined total value = 13,320,000,000
Strike 218 has a total call value of 13,486,200,000 versus a total put value of 263,100,000 Combined total value = 13,749,300,000
Strike 220 has a total call value of 15,440,400,000 versus a total put value of 191,700,000 Combined total value = 15,632,100,000
Strike 220.5 has a total call value of 15,945,150,000 versus a total put value of 173,850,000 Combined total value = 16,119,000,000
Strike 222.5 has a total call value of 17,991,750,000 versus a total put value of 102,450,000 Combined total value = 18,094,200,000
Strike 223 has a total call value of 18,503,400,000 versus a total put value of 84,600,000 Combined total value = 18,588,000,000
Strike 225 has a total call value of 20,893,200,000 versus a total put value of 69,000,000 Combined total value = 20,962,200,000
Strike 225.5 has a total call value of 21,490,950,000 versus a total put value of 65,100,000 Combined total value = 21,556,050,000
Strike 227.5 has a total call value of 23,887,950,000 versus a total put value of 49,500,000 Combined total value = 23,937,450,000
Strike 228 has a total call value of 24,487,200,000 versus a total put value of 45,600,000 Combined total value = 24,532,800,000
Strike 230 has a total call value of 26,884,200,000 versus a total put value of 34,200,000 Combined total value = 26,918,400,000
Strike 230.5 has a total call value of 27,483,450,000 versus a total put value of 31,500,000 Combined total value = 27,514,950,000
Strike 232.5 has a total call value of 29,880,450,000 versus a total put value of 20,700,000 Combined total value = 29,901,150,000
Strike 233 has a total call value of 30,479,700,000 versus a total put value of 18,000,000 Combined total value = 30,497,700,000
Strike 235 has a total call value of 33,014,700,000 versus a total put value of 16,200,000 Combined total value = 33,030,900,000
Strike 235.5 has a total call value of 33,648,450,000 versus a total put value of 15,750,000 Combined total value = 33,664,200,000
Strike 237.5 has a total call value of 36,183,450,000 versus a total put value of 13,950,000 Combined total value = 36,197,400,000
Strike 238 has a total call value of 36,817,200,000 versus a total put value of 13,500,000 Combined total value = 36,830,700,000
Strike 240 has a total call value of 39,352,200,000 versus a total put value of 11,700,000 Combined total value = 39,363,900,000
Strike 240.5 has a total call value of 39,985,950,000 versus a total put value of 11,250,000 Combined total value = 39,997,200,000
Strike 242.5 has a total call value of 42,520,950,000 versus a total put value of 9,450,000 Combined total value = 42,530,400,000
Strike 243 has a total call value of 43,154,700,000 versus a total put value of 9,000,000 Combined total value = 43,163,700,000
Strike 245 has a total call value of 45,791,100,000 versus a total put value of 7,200,000 Combined total value = 45,798,300,000
Strike 245.5 has a total call value of 46,450,200,000 versus a total put value of 6,750,000 Combined total value = 46,456,950,000
Strike 247.5 has a total call value of 49,086,600,000 versus a total put value of 4,950,000 Combined total value = 49,091,550,000
Strike 248 has a total call value of 49,745,700,000 versus a total put value of 4,500,000 Combined total value = 49,750,200,000
Strike 250 has a total call value of 52,382,100,000 versus a total put value of 2,700,000 Combined total value = 52,384,800,000
Strike 250.5 has a total call value of 53,041,200,000 versus a total put value of 2,250,000 Combined total value = 53,043,450,000
Strike 252.5 has a total call value of 55,677,600,000 versus a total put value of 450,000 Combined total value = 55,678,050,000
Strike 253 has a total call value of 56,336,700,000 versus a total put value of 0 Combined total value = 56,336,700,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
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.