RBLBANK
Rbl Bank Limited
Max pain for RBLBANK
18 Oct 2024 12:42 PM IST
Max Pain for RBLBANK is 210
Strike 180 has a total call value of 0 versus a total put value of 17,837,500,000 Combined total value = 17,837,500,000
Strike 182.5 has a total call value of 625,000 versus a total put value of 16,252,500,000 Combined total value = 16,253,125,000
Strike 185 has a total call value of 1,250,000 versus a total put value of 14,667,500,000 Combined total value = 14,668,750,000
Strike 187.5 has a total call value of 1,875,000 versus a total put value of 13,082,500,000 Combined total value = 13,084,375,000
Strike 190 has a total call value of 2,500,000 versus a total put value of 11,497,500,000 Combined total value = 11,500,000,000
Strike 192.5 has a total call value of 16,250,000 versus a total put value of 10,150,000,000 Combined total value = 10,166,250,000
Strike 195 has a total call value of 31,875,000 versus a total put value of 8,802,500,000 Combined total value = 8,834,375,000
Strike 197.5 has a total call value of 47,500,000 versus a total put value of 7,588,125,000 Combined total value = 7,635,625,000
Strike 200 has a total call value of 75,625,000 versus a total put value of 6,373,750,000 Combined total value = 6,449,375,000
Strike 202.5 has a total call value of 297,500,000 versus a total put value of 5,682,500,000 Combined total value = 5,980,000,000
Strike 205 has a total call value of 519,375,000 versus a total put value of 4,991,250,000 Combined total value = 5,510,625,000
Strike 207.5 has a total call value of 893,125,000 versus a total put value of 4,537,500,000 Combined total value = 5,430,625,000
Strike 210 has a total call value of 1,266,875,000 versus a total put value of 4,083,750,000 Combined total value = 5,350,625,000
Strike 212.5 has a total call value of 2,105,625,000 versus a total put value of 3,630,000,000 Combined total value = 5,735,625,000
Strike 215 has a total call value of 2,944,375,000 versus a total put value of 3,196,250,000 Combined total value = 6,140,625,000
Strike 217.5 has a total call value of 4,273,125,000 versus a total put value of 2,924,375,000 Combined total value = 7,197,500,000
Strike 220 has a total call value of 5,601,875,000 versus a total put value of 2,658,125,000 Combined total value = 8,260,000,000
Strike 222.5 has a total call value of 7,388,750,000 versus a total put value of 2,391,875,000 Combined total value = 9,780,625,000
Strike 225 has a total call value of 9,188,125,000 versus a total put value of 2,129,375,000 Combined total value = 11,317,500,000
Strike 227.5 has a total call value of 10,987,500,000 versus a total put value of 1,866,875,000 Combined total value = 12,854,375,000
Strike 230 has a total call value of 12,804,375,000 versus a total put value of 1,606,250,000 Combined total value = 14,410,625,000
Strike 232.5 has a total call value of 14,887,500,000 versus a total put value of 1,438,750,000 Combined total value = 16,326,250,000
Strike 235 has a total call value of 16,970,625,000 versus a total put value of 1,271,250,000 Combined total value = 18,241,875,000
Strike 237.5 has a total call value of 19,104,375,000 versus a total put value of 1,103,750,000 Combined total value = 20,208,125,000
Strike 240 has a total call value of 21,238,125,000 versus a total put value of 936,250,000 Combined total value = 22,174,375,000
Strike 242.5 has a total call value of 23,371,875,000 versus a total put value of 821,875,000 Combined total value = 24,193,750,000
Strike 245 has a total call value of 25,505,625,000 versus a total put value of 707,500,000 Combined total value = 26,213,125,000
Strike 247.5 has a total call value of 27,639,375,000 versus a total put value of 593,750,000 Combined total value = 28,233,125,000
Strike 250 has a total call value of 29,773,125,000 versus a total put value of 480,000,000 Combined total value = 30,253,125,000
Strike 252.5 has a total call value of 31,906,875,000 versus a total put value of 406,250,000 Combined total value = 32,313,125,000
Strike 255 has a total call value of 34,040,625,000 versus a total put value of 332,500,000 Combined total value = 34,373,125,000
Strike 257.5 has a total call value of 36,186,250,000 versus a total put value of 271,250,000 Combined total value = 36,457,500,000
Strike 260 has a total call value of 38,331,875,000 versus a total put value of 210,000,000 Combined total value = 38,541,875,000
Strike 262.5 has a total call value of 40,477,500,000 versus a total put value of 157,500,000 Combined total value = 40,635,000,000
Strike 265 has a total call value of 42,623,125,000 versus a total put value of 105,000,000 Combined total value = 42,728,125,000
Strike 267.5 has a total call value of 44,768,750,000 versus a total put value of 52,500,000 Combined total value = 44,821,250,000
Strike 270 has a total call value of 46,914,375,000 versus a total put value of 0 Combined total value = 46,914,375,000
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.
