SAIL
STEEL AUTHORITY OF INDIA
Max pain for SAIL
19 Mar 2024 03:51 PM IST
Max Pain for SAIL is 137
Strike 92 has a total call value of 0 versus a total put value of 86,072,000,000 Combined total value = 86,072,000,000
Strike 93 has a total call value of 0 versus a total put value of 83,861,600,000 Combined total value = 83,861,600,000
Strike 94 has a total call value of 0 versus a total put value of 81,651,200,000 Combined total value = 81,651,200,000
Strike 95 has a total call value of 0 versus a total put value of 79,440,800,000 Combined total value = 79,440,800,000
Strike 96 has a total call value of 0 versus a total put value of 77,230,400,000 Combined total value = 77,230,400,000
Strike 97 has a total call value of 0 versus a total put value of 75,020,000,000 Combined total value = 75,020,000,000
Strike 98 has a total call value of 0 versus a total put value of 72,809,600,000 Combined total value = 72,809,600,000
Strike 99 has a total call value of 0 versus a total put value of 70,599,200,000 Combined total value = 70,599,200,000
Strike 100 has a total call value of 0 versus a total put value of 68,388,800,000 Combined total value = 68,388,800,000
Strike 101 has a total call value of 21,600,000 versus a total put value of 66,216,000,000 Combined total value = 66,237,600,000
Strike 102 has a total call value of 43,200,000 versus a total put value of 64,043,200,000 Combined total value = 64,086,400,000
Strike 103 has a total call value of 64,800,000 versus a total put value of 61,871,200,000 Combined total value = 61,936,000,000
Strike 104 has a total call value of 86,400,000 versus a total put value of 59,699,200,000 Combined total value = 59,785,600,000
Strike 105 has a total call value of 108,800,000 versus a total put value of 57,528,000,000 Combined total value = 57,636,800,000
Strike 106 has a total call value of 136,000,000 versus a total put value of 55,356,800,000 Combined total value = 55,492,800,000
Strike 107 has a total call value of 163,200,000 versus a total put value of 53,187,200,000 Combined total value = 53,350,400,000
Strike 108 has a total call value of 190,400,000 versus a total put value of 51,017,600,000 Combined total value = 51,208,000,000
Strike 109 has a total call value of 217,600,000 versus a total put value of 48,854,400,000 Combined total value = 49,072,000,000
Strike 110 has a total call value of 244,800,000 versus a total put value of 46,691,200,000 Combined total value = 46,936,000,000
Strike 111 has a total call value of 287,200,000 versus a total put value of 44,528,000,000 Combined total value = 44,815,200,000
Strike 112 has a total call value of 329,600,000 versus a total put value of 42,371,200,000 Combined total value = 42,700,800,000
Strike 113 has a total call value of 372,000,000 versus a total put value of 40,227,200,000 Combined total value = 40,599,200,000
Strike 114 has a total call value of 414,400,000 versus a total put value of 38,083,200,000 Combined total value = 38,497,600,000
Strike 115 has a total call value of 456,800,000 versus a total put value of 35,950,400,000 Combined total value = 36,407,200,000
Strike 116 has a total call value of 499,200,000 versus a total put value of 33,817,600,000 Combined total value = 34,316,800,000
Strike 117 has a total call value of 541,600,000 versus a total put value of 31,684,800,000 Combined total value = 32,226,400,000
Strike 118 has a total call value of 584,000,000 versus a total put value of 29,552,000,000 Combined total value = 30,136,000,000
Strike 119 has a total call value of 626,400,000 versus a total put value of 27,419,200,000 Combined total value = 28,045,600,000
Strike 120 has a total call value of 668,800,000 versus a total put value of 25,286,400,000 Combined total value = 25,955,200,000
Strike 121 has a total call value of 711,200,000 versus a total put value of 23,500,000,000 Combined total value = 24,211,200,000
Strike 122 has a total call value of 754,400,000 versus a total put value of 21,713,600,000 Combined total value = 22,468,000,000
Strike 123 has a total call value of 797,600,000 versus a total put value of 19,927,200,000 Combined total value = 20,724,800,000
Strike 124 has a total call value of 841,600,000 versus a total put value of 18,140,800,000 Combined total value = 18,982,400,000
Strike 125 has a total call value of 885,600,000 versus a total put value of 16,354,400,000 Combined total value = 17,240,000,000
Strike 126 has a total call value of 929,600,000 versus a total put value of 14,850,400,000 Combined total value = 15,780,000,000
Strike 127 has a total call value of 973,600,000 versus a total put value of 13,379,200,000 Combined total value = 14,352,800,000
Strike 128 has a total call value of 1,036,000,000 versus a total put value of 11,908,000,000 Combined total value = 12,944,000,000
Strike 129 has a total call value of 1,125,600,000 versus a total put value of 10,436,800,000 Combined total value = 11,562,400,000
Strike 130 has a total call value of 1,275,200,000 versus a total put value of 8,980,800,000 Combined total value = 10,256,000,000
Strike 131 has a total call value of 1,424,800,000 versus a total put value of 7,989,600,000 Combined total value = 9,414,400,000
Strike 132 has a total call value of 1,588,000,000 versus a total put value of 6,998,400,000 Combined total value = 8,586,400,000
Strike 133 has a total call value of 1,751,200,000 versus a total put value of 6,007,200,000 Combined total value = 7,758,400,000
Strike 134 has a total call value of 1,936,800,000 versus a total put value of 5,016,000,000 Combined total value = 6,952,800,000
Strike 135 has a total call value of 2,122,400,000 versus a total put value of 4,024,800,000 Combined total value = 6,147,200,000
Strike 136 has a total call value of 2,640,800,000 versus a total put value of 3,394,400,000 Combined total value = 6,035,200,000
Strike 137 has a total call value of 3,159,200,000 versus a total put value of 2,833,600,000 Combined total value = 5,992,800,000
Strike 138 has a total call value of 3,721,600,000 versus a total put value of 2,313,600,000 Combined total value = 6,035,200,000
Strike 139 has a total call value of 4,336,800,000 versus a total put value of 1,815,200,000 Combined total value = 6,152,000,000
Strike 140 has a total call value of 4,952,000,000 versus a total put value of 1,316,800,000 Combined total value = 6,268,800,000
Strike 141 has a total call value of 6,357,600,000 versus a total put value of 1,174,400,000 Combined total value = 7,532,000,000
Strike 142 has a total call value of 7,831,200,000 versus a total put value of 1,032,000,000 Combined total value = 8,863,200,000
Strike 143 has a total call value of 9,436,800,000 versus a total put value of 889,600,000 Combined total value = 10,326,400,000
Strike 144 has a total call value of 11,139,200,000 versus a total put value of 747,200,000 Combined total value = 11,886,400,000
Strike 145 has a total call value of 12,841,600,000 versus a total put value of 604,800,000 Combined total value = 13,446,400,000
Strike 146 has a total call value of 15,568,800,000 versus a total put value of 462,400,000 Combined total value = 16,031,200,000
Strike 147 has a total call value of 18,383,200,000 versus a total put value of 333,600,000 Combined total value = 18,716,800,000
Strike 148 has a total call value of 21,257,600,000 versus a total put value of 217,600,000 Combined total value = 21,475,200,000
Strike 149 has a total call value of 24,178,400,000 versus a total put value of 107,200,000 Combined total value = 24,285,600,000
Strike 150 has a total call value of 27,099,200,000 versus a total put value of 0 Combined total value = 27,099,200,000
Strike 151 has a total call value of 31,066,400,000 versus a total put value of 0 Combined total value = 31,066,400,000
Strike 152 has a total call value of 35,049,600,000 versus a total put value of 0 Combined total value = 35,049,600,000
Strike 153 has a total call value of 39,070,400,000 versus a total put value of 0 Combined total value = 39,070,400,000
Strike 154 has a total call value of 43,136,000,000 versus a total put value of 0 Combined total value = 43,136,000,000
Strike 155 has a total call value of 47,201,600,000 versus a total put value of 0 Combined total value = 47,201,600,000
Strike 156 has a total call value of 51,553,600,000 versus a total put value of 0 Combined total value = 51,553,600,000
Strike 157 has a total call value of 55,905,600,000 versus a total put value of 0 Combined total value = 55,905,600,000
Strike 158 has a total call value of 60,257,600,000 versus a total put value of 0 Combined total value = 60,257,600,000
Strike 159 has a total call value of 64,609,600,000 versus a total put value of 0 Combined total value = 64,609,600,000
Strike 160 has a total call value of 68,961,600,000 versus a total put value of 0 Combined total value = 68,961,600,000
Strike 161 has a total call value of 73,856,000,000 versus a total put value of 0 Combined total value = 73,856,000,000
Strike 162 has a total call value of 78,761,600,000 versus a total put value of 0 Combined total value = 78,761,600,000
Strike 163 has a total call value of 83,743,200,000 versus a total put value of 0 Combined total value = 83,743,200,000
Strike 164 has a total call value of 88,724,800,000 versus a total put value of 0 Combined total value = 88,724,800,000
Strike 165 has a total call value of 93,828,800,000 versus a total put value of 0 Combined total value = 93,828,800,000
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.