PIIND
PI INDUSTRIES LTD
Max pain for PIIND
18 Mar 2024 04:20 PM IST
Max Pain for PIIND is 3680
Strike 3000 has a total call value of 0 versus a total put value of 8,549,500,000 Combined total value = 8,549,500,000
Strike 3020 has a total call value of 0 versus a total put value of 8,227,000,000 Combined total value = 8,227,000,000
Strike 3040 has a total call value of 0 versus a total put value of 7,904,500,000 Combined total value = 7,904,500,000
Strike 3050 has a total call value of 0 versus a total put value of 7,743,250,000 Combined total value = 7,743,250,000
Strike 3060 has a total call value of 0 versus a total put value of 7,582,000,000 Combined total value = 7,582,000,000
Strike 3080 has a total call value of 0 versus a total put value of 7,259,500,000 Combined total value = 7,259,500,000
Strike 3100 has a total call value of 0 versus a total put value of 6,937,000,000 Combined total value = 6,937,000,000
Strike 3120 has a total call value of 0 versus a total put value of 6,615,000,000 Combined total value = 6,615,000,000
Strike 3140 has a total call value of 0 versus a total put value of 6,293,000,000 Combined total value = 6,293,000,000
Strike 3150 has a total call value of 0 versus a total put value of 6,132,000,000 Combined total value = 6,132,000,000
Strike 3160 has a total call value of 0 versus a total put value of 5,971,000,000 Combined total value = 5,971,000,000
Strike 3180 has a total call value of 0 versus a total put value of 5,649,000,000 Combined total value = 5,649,000,000
Strike 3200 has a total call value of 0 versus a total put value of 5,327,000,000 Combined total value = 5,327,000,000
Strike 3220 has a total call value of 0 versus a total put value of 5,005,000,000 Combined total value = 5,005,000,000
Strike 3240 has a total call value of 0 versus a total put value of 4,683,000,000 Combined total value = 4,683,000,000
Strike 3250 has a total call value of 0 versus a total put value of 4,522,000,000 Combined total value = 4,522,000,000
Strike 3260 has a total call value of 0 versus a total put value of 4,361,000,000 Combined total value = 4,361,000,000
Strike 3280 has a total call value of 0 versus a total put value of 4,039,000,000 Combined total value = 4,039,000,000
Strike 3300 has a total call value of 0 versus a total put value of 3,717,000,000 Combined total value = 3,717,000,000
Strike 3320 has a total call value of 0 versus a total put value of 3,441,500,000 Combined total value = 3,441,500,000
Strike 3340 has a total call value of 0 versus a total put value of 3,166,000,000 Combined total value = 3,166,000,000
Strike 3350 has a total call value of 0 versus a total put value of 3,030,250,000 Combined total value = 3,030,250,000
Strike 3360 has a total call value of 0 versus a total put value of 2,894,500,000 Combined total value = 2,894,500,000
Strike 3380 has a total call value of 0 versus a total put value of 2,623,000,000 Combined total value = 2,623,000,000
Strike 3400 has a total call value of 0 versus a total put value of 2,351,500,000 Combined total value = 2,351,500,000
Strike 3420 has a total call value of 5,000,000 versus a total put value of 2,106,500,000 Combined total value = 2,111,500,000
Strike 3440 has a total call value of 10,000,000 versus a total put value of 1,861,500,000 Combined total value = 1,871,500,000
Strike 3450 has a total call value of 12,500,000 versus a total put value of 1,739,000,000 Combined total value = 1,751,500,000
Strike 3460 has a total call value of 15,000,000 versus a total put value of 1,618,500,000 Combined total value = 1,633,500,000
Strike 3480 has a total call value of 20,000,000 versus a total put value of 1,384,000,000 Combined total value = 1,404,000,000
Strike 3500 has a total call value of 25,000,000 versus a total put value of 1,149,500,000 Combined total value = 1,174,500,000
Strike 3520 has a total call value of 45,500,000 versus a total put value of 1,001,500,000 Combined total value = 1,047,000,000
Strike 3540 has a total call value of 66,000,000 versus a total put value of 858,000,000 Combined total value = 924,000,000
Strike 3550 has a total call value of 76,250,000 versus a total put value of 786,250,000 Combined total value = 862,500,000
Strike 3560 has a total call value of 87,000,000 versus a total put value of 714,500,000 Combined total value = 801,500,000
Strike 3580 has a total call value of 108,500,000 versus a total put value of 577,000,000 Combined total value = 685,500,000
Strike 3600 has a total call value of 130,000,000 versus a total put value of 452,000,000 Combined total value = 582,000,000
Strike 3620 has a total call value of 188,000,000 versus a total put value of 363,000,000 Combined total value = 551,000,000
Strike 3640 has a total call value of 249,500,000 versus a total put value of 274,000,000 Combined total value = 523,500,000
Strike 3650 has a total call value of 282,000,000 versus a total put value of 230,500,000 Combined total value = 512,500,000
Strike 3660 has a total call value of 318,000,000 versus a total put value of 187,000,000 Combined total value = 505,000,000
Strike 3680 has a total call value of 397,000,000 versus a total put value of 105,500,000 Combined total value = 502,500,000
Strike 3700 has a total call value of 495,500,000 versus a total put value of 24,000,000 Combined total value = 519,500,000
Strike 3720 has a total call value of 688,500,000 versus a total put value of 12,000,000 Combined total value = 700,500,000
Strike 3740 has a total call value of 894,500,000 versus a total put value of 9,000,000 Combined total value = 903,500,000
Strike 3750 has a total call value of 997,500,000 versus a total put value of 7,500,000 Combined total value = 1,005,000,000
Strike 3760 has a total call value of 1,126,250,000 versus a total put value of 6,000,000 Combined total value = 1,132,250,000
Strike 3780 has a total call value of 1,391,750,000 versus a total put value of 3,000,000 Combined total value = 1,394,750,000
Strike 3800 has a total call value of 1,657,250,000 versus a total put value of 0 Combined total value = 1,657,250,000
Strike 3820 has a total call value of 2,081,750,000 versus a total put value of 0 Combined total value = 2,081,750,000
Strike 3840 has a total call value of 2,506,750,000 versus a total put value of 0 Combined total value = 2,506,750,000
Strike 3850 has a total call value of 2,723,250,000 versus a total put value of 0 Combined total value = 2,723,250,000
Strike 3860 has a total call value of 2,939,750,000 versus a total put value of 0 Combined total value = 2,939,750,000
Strike 3880 has a total call value of 3,372,750,000 versus a total put value of 0 Combined total value = 3,372,750,000
Strike 3900 has a total call value of 3,805,750,000 versus a total put value of 0 Combined total value = 3,805,750,000
Strike 3920 has a total call value of 4,337,750,000 versus a total put value of 0 Combined total value = 4,337,750,000
Strike 3940 has a total call value of 4,869,750,000 versus a total put value of 0 Combined total value = 4,869,750,000
Strike 3950 has a total call value of 5,135,750,000 versus a total put value of 0 Combined total value = 5,135,750,000
Strike 3960 has a total call value of 5,401,750,000 versus a total put value of 0 Combined total value = 5,401,750,000
Strike 3980 has a total call value of 5,933,750,000 versus a total put value of 0 Combined total value = 5,933,750,000
Strike 4000 has a total call value of 6,465,750,000 versus a total put value of 0 Combined total value = 6,465,750,000
Strike 4020 has a total call value of 7,136,750,000 versus a total put value of 0 Combined total value = 7,136,750,000
Strike 4040 has a total call value of 7,807,750,000 versus a total put value of 0 Combined total value = 7,807,750,000
Strike 4050 has a total call value of 8,143,250,000 versus a total put value of 0 Combined total value = 8,143,250,000
Strike 4060 has a total call value of 8,481,000,000 versus a total put value of 0 Combined total value = 8,481,000,000
Strike 4080 has a total call value of 9,156,500,000 versus a total put value of 0 Combined total value = 9,156,500,000
Strike 4100 has a total call value of 9,832,000,000 versus a total put value of 0 Combined total value = 9,832,000,000
Strike 4120 has a total call value of 10,561,000,000 versus a total put value of 0 Combined total value = 10,561,000,000
Strike 4140 has a total call value of 11,290,000,000 versus a total put value of 0 Combined total value = 11,290,000,000
Strike 4150 has a total call value of 11,654,500,000 versus a total put value of 0 Combined total value = 11,654,500,000
Strike 4160 has a total call value of 12,019,000,000 versus a total put value of 0 Combined total value = 12,019,000,000
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.