PFC
POWER FIN CORP LTD.
Max pain for PFC
28 Mar 2024 03:58 PM IST
Max Pain for PFC is 395
Strike 300 has a total call value of 0 versus a total put value of 127,733,562,500 Combined total value = 127,733,562,500
Strike 305 has a total call value of 9,687,500 versus a total put value of 119,880,875,000 Combined total value = 119,890,562,500
Strike 310 has a total call value of 19,375,000 versus a total put value of 112,028,187,500 Combined total value = 112,047,562,500
Strike 315 has a total call value of 29,062,500 versus a total put value of 104,175,500,000 Combined total value = 104,204,562,500
Strike 320 has a total call value of 38,750,000 versus a total put value of 96,322,812,500 Combined total value = 96,361,562,500
Strike 325 has a total call value of 48,437,500 versus a total put value of 88,627,062,500 Combined total value = 88,675,500,000
Strike 330 has a total call value of 58,125,000 versus a total put value of 80,931,312,500 Combined total value = 80,989,437,500
Strike 335 has a total call value of 67,812,500 versus a total put value of 73,425,437,500 Combined total value = 73,493,250,000
Strike 340 has a total call value of 77,500,000 versus a total put value of 66,039,687,500 Combined total value = 66,117,187,500
Strike 345 has a total call value of 91,062,500 versus a total put value of 58,993,000,000 Combined total value = 59,084,062,500
Strike 350 has a total call value of 104,625,000 versus a total put value of 52,006,375,000 Combined total value = 52,111,000,000
Strike 355 has a total call value of 325,500,000 versus a total put value of 45,866,437,500 Combined total value = 46,191,937,500
Strike 360 has a total call value of 546,375,000 versus a total put value of 39,827,250,000 Combined total value = 40,373,625,000
Strike 365 has a total call value of 982,312,500 versus a total put value of 34,365,437,500 Combined total value = 35,347,750,000
Strike 370 has a total call value of 1,455,062,500 versus a total put value of 29,083,812,500 Combined total value = 30,538,875,000
Strike 375 has a total call value of 2,247,500,000 versus a total put value of 24,369,875,000 Combined total value = 26,617,375,000
Strike 380 has a total call value of 3,092,250,000 versus a total put value of 19,807,062,500 Combined total value = 22,899,312,500
Strike 385 has a total call value of 4,578,312,500 versus a total put value of 16,154,875,000 Combined total value = 20,733,187,500
Strike 390 has a total call value of 6,196,125,000 versus a total put value of 12,742,937,500 Combined total value = 18,939,062,500
Strike 395 has a total call value of 8,637,375,000 versus a total put value of 10,038,187,500 Combined total value = 18,675,562,500
Strike 400 has a total call value of 11,307,250,000 versus a total put value of 7,484,562,500 Combined total value = 18,791,812,500
Strike 405 has a total call value of 16,230,437,500 versus a total put value of 5,944,250,000 Combined total value = 22,174,687,500
Strike 410 has a total call value of 21,254,375,000 versus a total put value of 4,440,750,000 Combined total value = 25,695,125,000
Strike 415 has a total call value of 26,811,125,000 versus a total put value of 3,198,812,500 Combined total value = 30,009,937,500
Strike 420 has a total call value of 32,470,562,500 versus a total put value of 2,032,437,500 Combined total value = 34,503,000,000
Strike 425 has a total call value of 38,928,250,000 versus a total put value of 1,395,000,000 Combined total value = 40,323,250,000
Strike 430 has a total call value of 45,467,312,500 versus a total put value of 817,625,000 Combined total value = 46,284,937,500
Strike 435 has a total call value of 53,345,187,500 versus a total put value of 536,687,500 Combined total value = 53,881,875,000
Strike 440 has a total call value of 61,277,312,500 versus a total put value of 255,750,000 Combined total value = 61,533,062,500
Strike 445 has a total call value of 69,786,812,500 versus a total put value of 143,375,000 Combined total value = 69,930,187,500
Strike 450 has a total call value of 78,307,937,500 versus a total put value of 31,000,000 Combined total value = 78,338,937,500
Strike 455 has a total call value of 87,534,312,500 versus a total put value of 17,437,500 Combined total value = 87,551,750,000
Strike 460 has a total call value of 96,780,062,500 versus a total put value of 3,875,000 Combined total value = 96,783,937,500
Strike 465 has a total call value of 106,198,250,000 versus a total put value of 1,937,500 Combined total value = 106,200,187,500
Strike 470 has a total call value of 115,626,125,000 versus a total put value of 0 Combined total value = 115,626,125,000
Strike 475 has a total call value of 125,185,750,000 versus a total put value of 0 Combined total value = 125,185,750,000
Strike 480 has a total call value of 134,758,937,500 versus a total put value of 0 Combined total value = 134,758,937,500
Strike 485 has a total call value of 144,380,562,500 versus a total put value of 0 Combined total value = 144,380,562,500
Strike 490 has a total call value of 154,002,187,500 versus a total put value of 0 Combined total value = 154,002,187,500
Strike 495 has a total call value of 163,623,812,500 versus a total put value of 0 Combined total value = 163,623,812,500
Strike 500 has a total call value of 173,245,437,500 versus a total put value of 0 Combined total value = 173,245,437,500
Strike 505 has a total call value of 183,378,562,500 versus a total put value of 0 Combined total value = 183,378,562,500
Strike 510 has a total call value of 193,511,687,500 versus a total put value of 0 Combined total value = 193,511,687,500
Strike 515 has a total call value of 203,644,812,500 versus a total put value of 0 Combined total value = 203,644,812,500
Strike 520 has a total call value of 213,777,937,500 versus a total put value of 0 Combined total value = 213,777,937,500
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.