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PIDILITIND
PIDILITE INDUSTRIES LTD

3160.75 -14.40 (-0.45%)

Max pain for PIDILITIND

18 Jul 2024 11:04 AM IST

Max Pain for PIDILITIND is 3120  



Strike  2800  has a total call value of 0  versus a total put value of  8,745,000,000 Combined total value = 8,745,000,000

Strike  2820  has a total call value of 0  versus a total put value of  8,036,500,000 Combined total value = 8,036,500,000

Strike  2840  has a total call value of 0  versus a total put value of  7,328,000,000 Combined total value = 7,328,000,000

Strike  2860  has a total call value of 0  versus a total put value of  6,619,500,000 Combined total value = 6,619,500,000

Strike  2880  has a total call value of 0  versus a total put value of  5,911,000,000 Combined total value = 5,911,000,000

Strike  2900  has a total call value of 0  versus a total put value of  5,202,500,000 Combined total value = 5,202,500,000

Strike  2920  has a total call value of 0  versus a total put value of  4,586,000,000 Combined total value = 4,586,000,000

Strike  2940  has a total call value of 0  versus a total put value of  3,982,000,000 Combined total value = 3,982,000,000

Strike  2960  has a total call value of 0  versus a total put value of  3,378,000,000 Combined total value = 3,378,000,000

Strike  2980  has a total call value of 0  versus a total put value of  2,809,000,000 Combined total value = 2,809,000,000

Strike  3000  has a total call value of 0  versus a total put value of  2,263,000,000 Combined total value = 2,263,000,000

Strike  3020  has a total call value of 25,000,000  versus a total put value of  1,892,500,000 Combined total value = 1,917,500,000

Strike  3040  has a total call value of 51,000,000  versus a total put value of  1,547,000,000 Combined total value = 1,598,000,000

Strike  3060  has a total call value of 77,000,000  versus a total put value of  1,225,500,000 Combined total value = 1,302,500,000

Strike  3080  has a total call value of 108,500,000  versus a total put value of  935,000,000 Combined total value = 1,043,500,000

Strike  3100  has a total call value of 140,000,000  versus a total put value of  663,500,000 Combined total value = 803,500,000

Strike  3120  has a total call value of 269,500,000  versus a total put value of  506,000,000 Combined total value = 775,500,000

Strike  3140  has a total call value of 434,500,000  versus a total put value of  360,500,000 Combined total value = 795,000,000

Strike  3160  has a total call value of 655,500,000  versus a total put value of  237,500,000 Combined total value = 893,000,000

Strike  3180  has a total call value of 929,500,000  versus a total put value of  147,000,000 Combined total value = 1,076,500,000

Strike  3200  has a total call value of 1,289,000,000  versus a total put value of  76,500,000 Combined total value = 1,365,500,000

Strike  3220  has a total call value of 2,099,500,000  versus a total put value of  58,500,000 Combined total value = 2,158,000,000

Strike  3240  has a total call value of 2,951,000,000  versus a total put value of  42,000,000 Combined total value = 2,993,000,000

Strike  3260  has a total call value of 3,847,500,000  versus a total put value of  27,500,000 Combined total value = 3,875,000,000

Strike  3280  has a total call value of 4,785,000,000  versus a total put value of  15,000,000 Combined total value = 4,800,000,000

Strike  3300  has a total call value of 5,747,500,000  versus a total put value of  5,000,000 Combined total value = 5,752,500,000

Strike  3320  has a total call value of 7,006,000,000  versus a total put value of  4,000,000 Combined total value = 7,010,000,000

Strike  3340  has a total call value of 8,277,500,000  versus a total put value of  3,000,000 Combined total value = 8,280,500,000

Strike  3360  has a total call value of 9,576,500,000  versus a total put value of  2,000,000 Combined total value = 9,578,500,000

Strike  3380  has a total call value of 10,908,000,000  versus a total put value of  1,000,000 Combined total value = 10,909,000,000

Strike  3400  has a total call value of 12,239,500,000  versus a total put value of  0 Combined total value = 12,239,500,000

Strike  3420  has a total call value of 13,764,500,000  versus a total put value of  0 Combined total value = 13,764,500,000

Strike  3440  has a total call value of 15,289,500,000  versus a total put value of  0 Combined total value = 15,289,500,000

Strike  3460  has a total call value of 16,814,500,000  versus a total put value of  0 Combined total value = 16,814,500,000

Strike  3480  has a total call value of 18,339,500,000  versus a total put value of  0 Combined total value = 18,339,500,000

Strike  3500  has a total call value of 19,864,500,000  versus a total put value of  0 Combined total value = 19,864,500,000

All Max-Pain Table

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.