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POWERGRID
POWER GRID CORP. LTD.

319.9 -5.85 (-1.80%)

Max pain for POWERGRID

23 May 2024 04:07 PM IST

Max Pain for POWERGRID is 310  



Strike  240  has a total call value of 0  versus a total put value of  142,910,100,000 Combined total value = 142,910,100,000

Strike  242.5  has a total call value of 0  versus a total put value of  136,762,200,000 Combined total value = 136,762,200,000

Strike  245  has a total call value of 0  versus a total put value of  130,614,300,000 Combined total value = 130,614,300,000

Strike  247.5  has a total call value of 0  versus a total put value of  124,466,400,000 Combined total value = 124,466,400,000

Strike  250  has a total call value of 0  versus a total put value of  118,318,500,000 Combined total value = 118,318,500,000

Strike  252.5  has a total call value of 0  versus a total put value of  112,315,500,000 Combined total value = 112,315,500,000

Strike  255  has a total call value of 0  versus a total put value of  106,319,700,000 Combined total value = 106,319,700,000

Strike  257.5  has a total call value of 0  versus a total put value of  100,408,500,000 Combined total value = 100,408,500,000

Strike  260  has a total call value of 0  versus a total put value of  94,497,300,000 Combined total value = 94,497,300,000

Strike  262.5  has a total call value of 0  versus a total put value of  88,749,000,000 Combined total value = 88,749,000,000

Strike  265  has a total call value of 0  versus a total put value of  83,000,700,000 Combined total value = 83,000,700,000

Strike  267.5  has a total call value of 0  versus a total put value of  77,310,900,000 Combined total value = 77,310,900,000

Strike  270  has a total call value of 0  versus a total put value of  71,621,100,000 Combined total value = 71,621,100,000

Strike  272.5  has a total call value of 28,800,000  versus a total put value of  66,111,300,000 Combined total value = 66,140,100,000

Strike  275  has a total call value of 57,600,000  versus a total put value of  60,601,500,000 Combined total value = 60,659,100,000

Strike  277.5  has a total call value of 106,200,000  versus a total put value of  55,193,400,000 Combined total value = 55,299,600,000

Strike  280  has a total call value of 154,800,000  versus a total put value of  49,785,300,000 Combined total value = 49,940,100,000

Strike  282.5  has a total call value of 271,800,000  versus a total put value of  44,847,000,000 Combined total value = 45,118,800,000

Strike  285  has a total call value of 412,200,000  versus a total put value of  39,940,200,000 Combined total value = 40,352,400,000

Strike  287.5  has a total call value of 571,500,000  versus a total put value of  35,321,400,000 Combined total value = 35,892,900,000

Strike  290  has a total call value of 766,800,000  versus a total put value of  30,745,800,000 Combined total value = 31,512,600,000

Strike  292.5  has a total call value of 1,258,200,000  versus a total put value of  26,551,800,000 Combined total value = 27,810,000,000

Strike  295  has a total call value of 1,749,600,000  versus a total put value of  22,406,400,000 Combined total value = 24,156,000,000

Strike  297.5  has a total call value of 2,282,400,000  versus a total put value of  18,490,500,000 Combined total value = 20,772,900,000

Strike  300  has a total call value of 2,871,900,000  versus a total put value of  14,753,700,000 Combined total value = 17,625,600,000

Strike  302.5  has a total call value of 3,735,900,000  versus a total put value of  12,194,100,000 Combined total value = 15,930,000,000

Strike  305  has a total call value of 4,640,400,000  versus a total put value of  9,726,300,000 Combined total value = 14,366,700,000

Strike  307.5  has a total call value of 5,634,900,000  versus a total put value of  7,472,700,000 Combined total value = 13,107,600,000

Strike  310  has a total call value of 6,687,900,000  versus a total put value of  5,377,500,000 Combined total value = 12,065,400,000

Strike  312.5  has a total call value of 8,105,400,000  versus a total put value of  4,072,500,000 Combined total value = 12,177,900,000

Strike  315  has a total call value of 9,607,500,000  versus a total put value of  2,883,600,000 Combined total value = 12,491,100,000

Strike  317.5  has a total call value of 11,520,000,000  versus a total put value of  2,024,100,000 Combined total value = 13,544,100,000

Strike  320  has a total call value of 13,558,500,000  versus a total put value of  1,261,800,000 Combined total value = 14,820,300,000

Strike  322.5  has a total call value of 17,062,200,000  versus a total put value of  889,200,000 Combined total value = 17,951,400,000

Strike  325  has a total call value of 20,735,100,000  versus a total put value of  560,700,000 Combined total value = 21,295,800,000

Strike  327.5  has a total call value of 25,217,100,000  versus a total put value of  378,900,000 Combined total value = 25,596,000,000

Strike  330  has a total call value of 29,985,300,000  versus a total put value of  234,000,000 Combined total value = 30,219,300,000

Strike  332.5  has a total call value of 36,862,200,000  versus a total put value of  160,200,000 Combined total value = 37,022,400,000

Strike  335  has a total call value of 43,905,600,000  versus a total put value of  104,400,000 Combined total value = 44,010,000,000

Strike  337.5  has a total call value of 51,359,400,000  versus a total put value of  63,900,000 Combined total value = 51,423,300,000

Strike  340  has a total call value of 58,891,500,000  versus a total put value of  32,400,000 Combined total value = 58,923,900,000

Strike  342.5  has a total call value of 67,244,400,000  versus a total put value of  13,500,000 Combined total value = 67,257,900,000

Strike  345  has a total call value of 75,688,200,000  versus a total put value of  9,000,000 Combined total value = 75,697,200,000

Strike  347.5  has a total call value of 84,262,500,000  versus a total put value of  4,500,000 Combined total value = 84,267,000,000

Strike  350  has a total call value of 92,892,600,000  versus a total put value of  0 Combined total value = 92,892,600,000

Strike  352.5  has a total call value of 102,083,400,000  versus a total put value of  0 Combined total value = 102,083,400,000

Strike  355  has a total call value of 111,312,000,000  versus a total put value of  0 Combined total value = 111,312,000,000

Strike  357.5  has a total call value of 120,611,700,000  versus a total put value of  0 Combined total value = 120,611,700,000

Strike  360  has a total call value of 129,978,000,000  versus a total put value of  0 Combined total value = 129,978,000,000

Strike  362.5  has a total call value of 139,837,500,000  versus a total put value of  0 Combined total value = 139,837,500,000

Strike  365  has a total call value of 149,697,000,000  versus a total put value of  0 Combined total value = 149,697,000,000

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.