SAIL
STEEL AUTHORITY OF INDIA
Max pain for SAIL
19 Apr 2024 04:17 PM IST
Max Pain for SAIL is 145
Strike 100 has a total call value of 0 versus a total put value of 94,927,200,000 Combined total value = 94,927,200,000
Strike 101 has a total call value of 4,000,000 versus a total put value of 92,482,400,000 Combined total value = 92,486,400,000
Strike 102 has a total call value of 8,000,000 versus a total put value of 90,037,600,000 Combined total value = 90,045,600,000
Strike 102.5 has a total call value of 10,800,000 versus a total put value of 88,815,200,000 Combined total value = 88,826,000,000
Strike 103 has a total call value of 13,600,000 versus a total put value of 87,592,800,000 Combined total value = 87,606,400,000
Strike 104 has a total call value of 19,200,000 versus a total put value of 85,148,000,000 Combined total value = 85,167,200,000
Strike 105 has a total call value of 26,400,000 versus a total put value of 82,703,200,000 Combined total value = 82,729,600,000
Strike 106 has a total call value of 38,400,000 versus a total put value of 80,258,400,000 Combined total value = 80,296,800,000
Strike 107 has a total call value of 50,400,000 versus a total put value of 77,813,600,000 Combined total value = 77,864,000,000
Strike 107.5 has a total call value of 56,400,000 versus a total put value of 76,591,200,000 Combined total value = 76,647,600,000
Strike 108 has a total call value of 62,400,000 versus a total put value of 75,368,800,000 Combined total value = 75,431,200,000
Strike 109 has a total call value of 74,400,000 versus a total put value of 72,924,000,000 Combined total value = 72,998,400,000
Strike 110 has a total call value of 86,400,000 versus a total put value of 70,479,200,000 Combined total value = 70,565,600,000
Strike 111 has a total call value of 101,600,000 versus a total put value of 68,034,400,000 Combined total value = 68,136,000,000
Strike 112 has a total call value of 116,800,000 versus a total put value of 65,589,600,000 Combined total value = 65,706,400,000
Strike 112.5 has a total call value of 124,400,000 versus a total put value of 64,367,200,000 Combined total value = 64,491,600,000
Strike 113 has a total call value of 132,000,000 versus a total put value of 63,144,800,000 Combined total value = 63,276,800,000
Strike 114 has a total call value of 147,200,000 versus a total put value of 60,700,000,000 Combined total value = 60,847,200,000
Strike 115 has a total call value of 162,400,000 versus a total put value of 58,255,200,000 Combined total value = 58,417,600,000
Strike 116 has a total call value of 179,200,000 versus a total put value of 55,810,400,000 Combined total value = 55,989,600,000
Strike 117 has a total call value of 196,000,000 versus a total put value of 53,365,600,000 Combined total value = 53,561,600,000
Strike 117.5 has a total call value of 204,400,000 versus a total put value of 52,144,800,000 Combined total value = 52,349,200,000
Strike 118 has a total call value of 212,800,000 versus a total put value of 50,924,000,000 Combined total value = 51,136,800,000
Strike 119 has a total call value of 229,600,000 versus a total put value of 48,482,400,000 Combined total value = 48,712,000,000
Strike 120 has a total call value of 246,400,000 versus a total put value of 46,040,800,000 Combined total value = 46,287,200,000
Strike 121 has a total call value of 263,200,000 versus a total put value of 43,872,800,000 Combined total value = 44,136,000,000
Strike 122 has a total call value of 280,000,000 versus a total put value of 41,704,800,000 Combined total value = 41,984,800,000
Strike 122.5 has a total call value of 288,800,000 versus a total put value of 40,626,800,000 Combined total value = 40,915,600,000
Strike 123 has a total call value of 297,600,000 versus a total put value of 39,548,800,000 Combined total value = 39,846,400,000
Strike 124 has a total call value of 315,200,000 versus a total put value of 37,399,200,000 Combined total value = 37,714,400,000
Strike 125 has a total call value of 332,800,000 versus a total put value of 35,249,600,000 Combined total value = 35,582,400,000
Strike 126 has a total call value of 368,800,000 versus a total put value of 33,284,000,000 Combined total value = 33,652,800,000
Strike 127 has a total call value of 410,400,000 versus a total put value of 31,330,400,000 Combined total value = 31,740,800,000
Strike 127.5 has a total call value of 431,600,000 versus a total put value of 30,353,600,000 Combined total value = 30,785,200,000
Strike 128 has a total call value of 452,800,000 versus a total put value of 29,376,800,000 Combined total value = 29,829,600,000
Strike 129 has a total call value of 495,200,000 versus a total put value of 27,432,800,000 Combined total value = 27,928,000,000
Strike 130 has a total call value of 539,200,000 versus a total put value of 25,498,400,000 Combined total value = 26,037,600,000
Strike 131 has a total call value of 583,200,000 versus a total put value of 23,764,800,000 Combined total value = 24,348,000,000
Strike 132 has a total call value of 638,400,000 versus a total put value of 22,036,800,000 Combined total value = 22,675,200,000
Strike 132.5 has a total call value of 666,000,000 versus a total put value of 21,172,800,000 Combined total value = 21,838,800,000
Strike 133 has a total call value of 693,600,000 versus a total put value of 20,311,200,000 Combined total value = 21,004,800,000
Strike 134 has a total call value of 749,600,000 versus a total put value of 18,604,000,000 Combined total value = 19,353,600,000
Strike 135 has a total call value of 812,000,000 versus a total put value of 16,926,400,000 Combined total value = 17,738,400,000
Strike 136 has a total call value of 948,800,000 versus a total put value of 15,512,800,000 Combined total value = 16,461,600,000
Strike 137 has a total call value of 1,098,400,000 versus a total put value of 14,099,200,000 Combined total value = 15,197,600,000
Strike 137.5 has a total call value of 1,177,600,000 versus a total put value of 13,404,000,000 Combined total value = 14,581,600,000
Strike 138 has a total call value of 1,260,400,000 versus a total put value of 12,708,800,000 Combined total value = 13,969,200,000
Strike 139 has a total call value of 1,436,400,000 versus a total put value of 11,370,400,000 Combined total value = 12,806,800,000
Strike 140 has a total call value of 1,630,000,000 versus a total put value of 10,032,000,000 Combined total value = 11,662,000,000
Strike 141 has a total call value of 2,116,400,000 versus a total put value of 9,002,400,000 Combined total value = 11,118,800,000
Strike 142 has a total call value of 2,673,200,000 versus a total put value of 7,998,400,000 Combined total value = 10,671,600,000
Strike 142.5 has a total call value of 2,951,600,000 versus a total put value of 7,496,400,000 Combined total value = 10,448,000,000
Strike 143 has a total call value of 3,230,000,000 versus a total put value of 6,994,400,000 Combined total value = 10,224,400,000
Strike 144 has a total call value of 3,786,800,000 versus a total put value of 5,990,400,000 Combined total value = 9,777,200,000
Strike 145 has a total call value of 4,343,600,000 versus a total put value of 5,036,000,000 Combined total value = 9,379,600,000
Strike 146 has a total call value of 5,054,000,000 versus a total put value of 4,359,200,000 Combined total value = 9,413,200,000
Strike 147 has a total call value of 5,777,200,000 versus a total put value of 3,682,400,000 Combined total value = 9,459,600,000
Strike 147.5 has a total call value of 6,138,800,000 versus a total put value of 3,344,000,000 Combined total value = 9,482,800,000
Strike 148 has a total call value of 6,512,800,000 versus a total put value of 3,028,400,000 Combined total value = 9,541,200,000
Strike 149 has a total call value of 7,280,000,000 versus a total put value of 2,397,200,000 Combined total value = 9,677,200,000
Strike 150 has a total call value of 8,065,600,000 versus a total put value of 1,766,000,000 Combined total value = 9,831,600,000
Strike 151 has a total call value of 9,660,800,000 versus a total put value of 1,469,200,000 Combined total value = 11,130,000,000
Strike 152 has a total call value of 11,282,400,000 versus a total put value of 1,172,400,000 Combined total value = 12,454,800,000
Strike 152.5 has a total call value of 12,126,000,000 versus a total put value of 1,024,000,000 Combined total value = 13,150,000,000
Strike 153 has a total call value of 12,988,400,000 versus a total put value of 900,400,000 Combined total value = 13,888,800,000
Strike 154 has a total call value of 14,762,000,000 versus a total put value of 653,200,000 Combined total value = 15,415,200,000
Strike 155 has a total call value of 16,578,800,000 versus a total put value of 406,000,000 Combined total value = 16,984,800,000
Strike 156 has a total call value of 18,959,600,000 versus a total put value of 333,200,000 Combined total value = 19,292,800,000
Strike 157 has a total call value of 21,375,600,000 versus a total put value of 260,400,000 Combined total value = 21,636,000,000
Strike 157.5 has a total call value of 22,602,800,000 versus a total put value of 224,000,000 Combined total value = 22,826,800,000
Strike 158 has a total call value of 23,843,200,000 versus a total put value of 189,600,000 Combined total value = 24,032,800,000
Strike 159 has a total call value of 26,344,000,000 versus a total put value of 120,800,000 Combined total value = 26,464,800,000
Strike 160 has a total call value of 28,844,800,000 versus a total put value of 52,000,000 Combined total value = 28,896,800,000
Strike 161 has a total call value of 31,997,600,000 versus a total put value of 43,200,000 Combined total value = 32,040,800,000
Strike 162 has a total call value of 35,150,400,000 versus a total put value of 34,400,000 Combined total value = 35,184,800,000
Strike 162.5 has a total call value of 36,767,600,000 versus a total put value of 30,000,000 Combined total value = 36,797,600,000
Strike 163 has a total call value of 38,390,800,000 versus a total put value of 27,600,000 Combined total value = 38,418,400,000
Strike 164 has a total call value of 41,637,200,000 versus a total put value of 22,800,000 Combined total value = 41,660,000,000
Strike 165 has a total call value of 44,890,000,000 versus a total put value of 18,000,000 Combined total value = 44,908,000,000
Strike 167.5 has a total call value of 54,198,000,000 versus a total put value of 8,000,000 Combined total value = 54,206,000,000
Strike 168 has a total call value of 56,107,200,000 versus a total put value of 6,400,000 Combined total value = 56,113,600,000
Strike 170 has a total call value of 63,744,000,000 versus a total put value of 0 Combined total value = 63,744,000,000
Strike 172.5 has a total call value of 73,964,000,000 versus a total put value of 0 Combined total value = 73,964,000,000
Strike 175 has a total call value of 84,184,000,000 versus a total put value of 0 Combined total value = 84,184,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.