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PETRONET
PETRONET LNG LIMITED

308.35 -1.40 (-0.45%)

Max pain for PETRONET

23 May 2024 04:07 PM IST

Max Pain for PETRONET is 310  



Strike  250  has a total call value of 0  versus a total put value of  49,320,750,000 Combined total value = 49,320,750,000

Strike  252.5  has a total call value of 0  versus a total put value of  46,666,500,000 Combined total value = 46,666,500,000

Strike  255  has a total call value of 0  versus a total put value of  44,012,250,000 Combined total value = 44,012,250,000

Strike  257.5  has a total call value of 0  versus a total put value of  41,358,000,000 Combined total value = 41,358,000,000

Strike  260  has a total call value of 0  versus a total put value of  38,703,750,000 Combined total value = 38,703,750,000

Strike  262.5  has a total call value of 0  versus a total put value of  36,144,000,000 Combined total value = 36,144,000,000

Strike  265  has a total call value of 0  versus a total put value of  33,597,000,000 Combined total value = 33,597,000,000

Strike  267.5  has a total call value of 0  versus a total put value of  31,086,750,000 Combined total value = 31,086,750,000

Strike  270  has a total call value of 0  versus a total put value of  28,576,500,000 Combined total value = 28,576,500,000

Strike  272.5  has a total call value of 0  versus a total put value of  26,210,250,000 Combined total value = 26,210,250,000

Strike  275  has a total call value of 0  versus a total put value of  23,846,250,000 Combined total value = 23,846,250,000

Strike  277.5  has a total call value of 0  versus a total put value of  21,530,250,000 Combined total value = 21,530,250,000

Strike  280  has a total call value of 0  versus a total put value of  19,222,500,000 Combined total value = 19,222,500,000

Strike  282.5  has a total call value of 20,250,000  versus a total put value of  17,121,000,000 Combined total value = 17,141,250,000

Strike  285  has a total call value of 40,500,000  versus a total put value of  15,024,000,000 Combined total value = 15,064,500,000

Strike  287.5  has a total call value of 60,750,000  versus a total put value of  13,038,750,000 Combined total value = 13,099,500,000

Strike  290  has a total call value of 81,000,000  versus a total put value of  11,078,250,000 Combined total value = 11,159,250,000

Strike  292.5  has a total call value of 123,000,000  versus a total put value of  9,324,750,000 Combined total value = 9,447,750,000

Strike  295  has a total call value of 165,000,000  versus a total put value of  7,617,750,000 Combined total value = 7,782,750,000

Strike  297.5  has a total call value of 221,250,000  versus a total put value of  6,066,750,000 Combined total value = 6,288,000,000

Strike  300  has a total call value of 277,500,000  versus a total put value of  4,553,250,000 Combined total value = 4,830,750,000

Strike  302.5  has a total call value of 573,750,000  versus a total put value of  3,629,250,000 Combined total value = 4,203,000,000

Strike  305  has a total call value of 880,500,000  versus a total put value of  2,736,750,000 Combined total value = 3,617,250,000

Strike  307.5  has a total call value of 1,373,250,000  versus a total put value of  1,972,500,000 Combined total value = 3,345,750,000

Strike  310  has a total call value of 1,917,000,000  versus a total put value of  1,256,250,000 Combined total value = 3,173,250,000

Strike  312.5  has a total call value of 3,081,750,000  versus a total put value of  934,500,000 Combined total value = 4,016,250,000

Strike  315  has a total call value of 4,308,750,000  versus a total put value of  652,500,000 Combined total value = 4,961,250,000

Strike  317.5  has a total call value of 5,896,500,000  versus a total put value of  427,500,000 Combined total value = 6,324,000,000

Strike  320  has a total call value of 7,542,000,000  versus a total put value of  217,500,000 Combined total value = 7,759,500,000

Strike  322.5  has a total call value of 10,498,500,000  versus a total put value of  168,750,000 Combined total value = 10,667,250,000

Strike  325  has a total call value of 13,506,000,000  versus a total put value of  120,000,000 Combined total value = 13,626,000,000

Strike  327.5  has a total call value of 16,804,500,000  versus a total put value of  80,250,000 Combined total value = 16,884,750,000

Strike  330  has a total call value of 20,130,000,000  versus a total put value of  40,500,000 Combined total value = 20,170,500,000

Strike  332.5  has a total call value of 23,962,500,000  versus a total put value of  27,000,000 Combined total value = 23,989,500,000

Strike  335  has a total call value of 27,848,250,000  versus a total put value of  13,500,000 Combined total value = 27,861,750,000

Strike  337.5  has a total call value of 31,842,000,000  versus a total put value of  6,750,000 Combined total value = 31,848,750,000

Strike  340  has a total call value of 35,835,750,000  versus a total put value of  0 Combined total value = 35,835,750,000

Strike  342.5  has a total call value of 40,056,750,000  versus a total put value of  0 Combined total value = 40,056,750,000

Strike  345  has a total call value of 44,283,000,000  versus a total put value of  0 Combined total value = 44,283,000,000

Strike  347.5  has a total call value of 48,575,250,000  versus a total put value of  0 Combined total value = 48,575,250,000

Strike  350  has a total call value of 52,881,750,000  versus a total put value of  0 Combined total value = 52,881,750,000

Strike  352.5  has a total call value of 57,607,500,000  versus a total put value of  0 Combined total value = 57,607,500,000

Strike  355  has a total call value of 62,333,250,000  versus a total put value of  0 Combined total value = 62,333,250,000

Strike  357.5  has a total call value of 67,083,750,000  versus a total put value of  0 Combined total value = 67,083,750,000

Strike  360  has a total call value of 71,834,250,000  versus a total put value of  0 Combined total value = 71,834,250,000

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.