[--[65.84.65.76]--]
PFC
POWER FIN CORP LTD.

390.25 5.75 (1.50%)


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



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.