RECLTD
REC LIMITED
Max pain for RECLTD
29 Nov 2023 04:17 PM IST
Max Pain for RECLTD is 330
Strike 210 has a total call value of 0 versus a total put value of 301,080,000,000 Combined total value = 301,080,000,000
Strike 212.5 has a total call value of 16,000,000 versus a total put value of 292,996,500,000 Combined total value = 293,012,500,000
Strike 215 has a total call value of 32,000,000 versus a total put value of 284,913,000,000 Combined total value = 284,945,000,000
Strike 217.5 has a total call value of 48,000,000 versus a total put value of 276,829,500,000 Combined total value = 276,877,500,000
Strike 220 has a total call value of 64,000,000 versus a total put value of 268,746,000,000 Combined total value = 268,810,000,000
Strike 222.5 has a total call value of 88,000,000 versus a total put value of 260,662,500,000 Combined total value = 260,750,500,000
Strike 225 has a total call value of 112,000,000 versus a total put value of 252,579,000,000 Combined total value = 252,691,000,000
Strike 227.5 has a total call value of 139,000,000 versus a total put value of 244,495,500,000 Combined total value = 244,634,500,000
Strike 230 has a total call value of 166,000,000 versus a total put value of 236,412,000,000 Combined total value = 236,578,000,000
Strike 232.5 has a total call value of 196,000,000 versus a total put value of 228,388,500,000 Combined total value = 228,584,500,000
Strike 235 has a total call value of 226,000,000 versus a total put value of 220,365,000,000 Combined total value = 220,591,000,000
Strike 237.5 has a total call value of 256,000,000 versus a total put value of 212,341,500,000 Combined total value = 212,597,500,000
Strike 240 has a total call value of 286,000,000 versus a total put value of 204,318,000,000 Combined total value = 204,604,000,000
Strike 242.5 has a total call value of 342,500,000 versus a total put value of 196,427,500,000 Combined total value = 196,770,000,000
Strike 245 has a total call value of 399,000,000 versus a total put value of 188,540,000,000 Combined total value = 188,939,000,000
Strike 247.5 has a total call value of 455,500,000 versus a total put value of 180,673,000,000 Combined total value = 181,128,500,000
Strike 250 has a total call value of 512,000,000 versus a total put value of 172,806,000,000 Combined total value = 173,318,000,000
Strike 252.5 has a total call value of 671,500,000 versus a total put value of 165,198,000,000 Combined total value = 165,869,500,000
Strike 255 has a total call value of 831,000,000 versus a total put value of 157,590,000,000 Combined total value = 158,421,000,000
Strike 257.5 has a total call value of 1,002,000,000 versus a total put value of 150,036,000,000 Combined total value = 151,038,000,000
Strike 260 has a total call value of 1,173,000,000 versus a total put value of 142,498,000,000 Combined total value = 143,671,000,000
Strike 262.5 has a total call value of 1,439,500,000 versus a total put value of 135,430,000,000 Combined total value = 136,869,500,000
Strike 265 has a total call value of 1,706,000,000 versus a total put value of 128,362,000,000 Combined total value = 130,068,000,000
Strike 267.5 has a total call value of 2,010,000,000 versus a total put value of 121,454,500,000 Combined total value = 123,464,500,000
Strike 270 has a total call value of 2,314,000,000 versus a total put value of 114,547,000,000 Combined total value = 116,861,000,000
Strike 272.5 has a total call value of 2,707,000,000 versus a total put value of 107,999,500,000 Combined total value = 110,706,500,000
Strike 275 has a total call value of 3,100,000,000 versus a total put value of 101,452,000,000 Combined total value = 104,552,000,000
Strike 277.5 has a total call value of 3,553,500,000 versus a total put value of 95,076,500,000 Combined total value = 98,630,000,000
Strike 280 has a total call value of 4,007,000,000 versus a total put value of 88,701,000,000 Combined total value = 92,708,000,000
Strike 282.5 has a total call value of 4,675,500,000 versus a total put value of 82,755,000,000 Combined total value = 87,430,500,000
Strike 285 has a total call value of 5,364,000,000 versus a total put value of 76,879,500,000 Combined total value = 82,243,500,000
Strike 287.5 has a total call value of 6,160,000,000 versus a total put value of 71,128,000,000 Combined total value = 77,288,000,000
Strike 290 has a total call value of 7,015,000,000 versus a total put value of 65,376,500,000 Combined total value = 72,391,500,000
Strike 292.5 has a total call value of 8,033,000,000 versus a total put value of 60,219,000,000 Combined total value = 68,252,000,000
Strike 295 has a total call value of 9,051,000,000 versus a total put value of 55,077,500,000 Combined total value = 64,128,500,000
Strike 297.5 has a total call value of 10,123,000,000 versus a total put value of 50,013,000,000 Combined total value = 60,136,000,000
Strike 300 has a total call value of 11,211,500,000 versus a total put value of 45,008,500,000 Combined total value = 56,220,000,000
Strike 302.5 has a total call value of 12,642,000,000 versus a total put value of 40,748,500,000 Combined total value = 53,390,500,000
Strike 305 has a total call value of 14,109,500,000 versus a total put value of 36,526,000,000 Combined total value = 50,635,500,000
Strike 307.5 has a total call value of 15,649,000,000 versus a total put value of 32,445,000,000 Combined total value = 48,094,000,000
Strike 310 has a total call value of 17,188,500,000 versus a total put value of 28,408,500,000 Combined total value = 45,597,000,000
Strike 312.5 has a total call value of 18,943,000,000 versus a total put value of 24,949,000,000 Combined total value = 43,892,000,000
Strike 315 has a total call value of 20,718,000,000 versus a total put value of 21,536,500,000 Combined total value = 42,254,500,000
Strike 317.5 has a total call value of 22,531,500,000 versus a total put value of 18,308,500,000 Combined total value = 40,840,000,000
Strike 320 has a total call value of 24,360,500,000 versus a total put value of 15,157,000,000 Combined total value = 39,517,500,000
Strike 322.5 has a total call value of 26,498,500,000 versus a total put value of 12,444,500,000 Combined total value = 38,943,000,000
Strike 325 has a total call value of 28,660,000,000 versus a total put value of 9,806,500,000 Combined total value = 38,466,500,000
Strike 327.5 has a total call value of 30,896,000,000 versus a total put value of 7,462,500,000 Combined total value = 38,358,500,000
Strike 330 has a total call value of 33,154,000,000 versus a total put value of 5,198,000,000 Combined total value = 38,352,000,000
Strike 332.5 has a total call value of 35,672,000,000 versus a total put value of 3,906,500,000 Combined total value = 39,578,500,000
Strike 335 has a total call value of 38,216,500,000 versus a total put value of 2,700,500,000 Combined total value = 40,917,000,000
Strike 337.5 has a total call value of 40,850,500,000 versus a total put value of 1,831,500,000 Combined total value = 42,682,000,000
Strike 340 has a total call value of 43,526,500,000 versus a total put value of 1,020,000,000 Combined total value = 44,546,500,000
Strike 342.5 has a total call value of 46,541,500,000 versus a total put value of 691,000,000 Combined total value = 47,232,500,000
Strike 345 has a total call value of 49,623,000,000 versus a total put value of 406,000,000 Combined total value = 50,029,000,000
Strike 347.5 has a total call value of 53,160,500,000 versus a total put value of 243,500,000 Combined total value = 53,404,000,000
Strike 350 has a total call value of 56,826,500,000 versus a total put value of 99,500,000 Combined total value = 56,926,000,000
Strike 352.5 has a total call value of 61,138,000,000 versus a total put value of 67,500,000 Combined total value = 61,205,500,000
Strike 355 has a total call value of 65,555,500,000 versus a total put value of 40,500,000 Combined total value = 65,596,000,000
Strike 357.5 has a total call value of 70,219,000,000 versus a total put value of 22,500,000 Combined total value = 70,241,500,000
Strike 360 has a total call value of 74,917,500,000 versus a total put value of 6,000,000 Combined total value = 74,923,500,000
Strike 362.5 has a total call value of 79,967,000,000 versus a total put value of 5,500,000 Combined total value = 79,972,500,000
Strike 365 has a total call value of 85,032,500,000 versus a total put value of 5,000,000 Combined total value = 85,037,500,000
Strike 367.5 has a total call value of 90,259,000,000 versus a total put value of 4,500,000 Combined total value = 90,263,500,000
Strike 370 has a total call value of 95,535,500,000 versus a total put value of 4,000,000 Combined total value = 95,539,500,000
Strike 372.5 has a total call value of 101,020,000,000 versus a total put value of 3,500,000 Combined total value = 101,023,500,000
Strike 375 has a total call value of 106,522,500,000 versus a total put value of 3,000,000 Combined total value = 106,525,500,000
Strike 377.5 has a total call value of 112,064,500,000 versus a total put value of 2,500,000 Combined total value = 112,067,000,000
Strike 380 has a total call value of 117,622,500,000 versus a total put value of 2,000,000 Combined total value = 117,624,500,000
Strike 382.5 has a total call value of 123,346,500,000 versus a total put value of 1,500,000 Combined total value = 123,348,000,000
Strike 385 has a total call value of 129,083,500,000 versus a total put value of 1,000,000 Combined total value = 129,084,500,000
Strike 387.5 has a total call value of 134,820,500,000 versus a total put value of 500,000 Combined total value = 134,821,000,000
Strike 390 has a total call value of 140,557,500,000 versus a total put value of 0 Combined total value = 140,557,500,000
Max Pain - Choose a symbol
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D
E
G
H
I
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L
M
N
O
P
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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.