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SHRIRAMFIN
SHRIRAM FINANCE LIMITED

2400.45 63.70 (2.73%)

Max pain for SHRIRAMFIN

23 May 2024 04:07 PM IST

Max Pain for SHRIRAMFIN is 2400  



Strike  2000  has a total call value of 0  versus a total put value of  38,793,000,000 Combined total value = 38,793,000,000

Strike  2020  has a total call value of 0  versus a total put value of  36,288,000,000 Combined total value = 36,288,000,000

Strike  2040  has a total call value of 0  versus a total put value of  33,783,000,000 Combined total value = 33,783,000,000

Strike  2060  has a total call value of 0  versus a total put value of  31,308,000,000 Combined total value = 31,308,000,000

Strike  2080  has a total call value of 0  versus a total put value of  28,833,000,000 Combined total value = 28,833,000,000

Strike  2100  has a total call value of 0  versus a total put value of  26,422,200,000 Combined total value = 26,422,200,000

Strike  2120  has a total call value of 0  versus a total put value of  24,148,800,000 Combined total value = 24,148,800,000

Strike  2140  has a total call value of 0  versus a total put value of  21,901,800,000 Combined total value = 21,901,800,000

Strike  2160  has a total call value of 0  versus a total put value of  19,692,600,000 Combined total value = 19,692,600,000

Strike  2180  has a total call value of 0  versus a total put value of  17,517,000,000 Combined total value = 17,517,000,000

Strike  2200  has a total call value of 0  versus a total put value of  15,376,200,000 Combined total value = 15,376,200,000

Strike  2220  has a total call value of 10,200,000  versus a total put value of  13,491,600,000 Combined total value = 13,501,800,000

Strike  2240  has a total call value of 20,400,000  versus a total put value of  11,665,200,000 Combined total value = 11,685,600,000

Strike  2260  has a total call value of 32,400,000  versus a total put value of  9,894,600,000 Combined total value = 9,927,000,000

Strike  2280  has a total call value of 47,400,000  versus a total put value of  8,215,800,000 Combined total value = 8,263,200,000

Strike  2300  has a total call value of 82,800,000  versus a total put value of  6,600,000,000 Combined total value = 6,682,800,000

Strike  2320  has a total call value of 245,400,000  versus a total put value of  5,581,200,000 Combined total value = 5,826,600,000

Strike  2340  has a total call value of 458,400,000  versus a total put value of  4,605,000,000 Combined total value = 5,063,400,000

Strike  2360  has a total call value of 741,000,000  versus a total put value of  3,705,000,000 Combined total value = 4,446,000,000

Strike  2380  has a total call value of 1,136,400,000  versus a total put value of  2,923,800,000 Combined total value = 4,060,200,000

Strike  2400  has a total call value of 1,679,400,000  versus a total put value of  2,242,800,000 Combined total value = 3,922,200,000

Strike  2420  has a total call value of 2,878,200,000  versus a total put value of  1,876,200,000 Combined total value = 4,754,400,000

Strike  2440  has a total call value of 4,182,600,000  versus a total put value of  1,524,600,000 Combined total value = 5,707,200,000

Strike  2460  has a total call value of 5,618,400,000  versus a total put value of  1,207,800,000 Combined total value = 6,826,200,000

Strike  2480  has a total call value of 7,251,000,000  versus a total put value of  931,800,000 Combined total value = 8,182,800,000

Strike  2500  has a total call value of 9,006,000,000  versus a total put value of  679,200,000 Combined total value = 9,685,200,000

Strike  2520  has a total call value of 11,410,200,000  versus a total put value of  537,600,000 Combined total value = 11,947,800,000

Strike  2540  has a total call value of 13,932,000,000  versus a total put value of  396,000,000 Combined total value = 14,328,000,000

Strike  2560  has a total call value of 16,548,000,000  versus a total put value of  254,400,000 Combined total value = 16,802,400,000

Strike  2580  has a total call value of 19,345,200,000  versus a total put value of  138,000,000 Combined total value = 19,483,200,000

Strike  2600  has a total call value of 22,234,200,000  versus a total put value of  43,200,000 Combined total value = 22,277,400,000

Strike  2620  has a total call value of 25,837,800,000  versus a total put value of  32,400,000 Combined total value = 25,870,200,000

Strike  2640  has a total call value of 29,513,400,000  versus a total put value of  21,600,000 Combined total value = 29,535,000,000

Strike  2660  has a total call value of 33,353,400,000  versus a total put value of  10,800,000 Combined total value = 33,364,200,000

Strike  2680  has a total call value of 37,339,200,000  versus a total put value of  0 Combined total value = 37,339,200,000

Strike  2700  has a total call value of 41,358,600,000  versus a total put value of  0 Combined total value = 41,358,600,000

Strike  2720  has a total call value of 45,957,000,000  versus a total put value of  0 Combined total value = 45,957,000,000

Strike  2740  has a total call value of 50,609,400,000  versus a total put value of  0 Combined total value = 50,609,400,000

Strike  2760  has a total call value of 55,280,400,000  versus a total put value of  0 Combined total value = 55,280,400,000

Strike  2780  has a total call value of 59,965,800,000  versus a total put value of  0 Combined total value = 59,965,800,000

Strike  2800  has a total call value of 64,651,200,000  versus a total put value of  0 Combined total value = 64,651,200,000

Strike  2820  has a total call value of 69,551,400,000  versus a total put value of  0 Combined total value = 69,551,400,000

Strike  2840  has a total call value of 74,451,600,000  versus a total put value of  0 Combined total value = 74,451,600,000

Strike  2860  has a total call value of 79,456,200,000  versus a total put value of  0 Combined total value = 79,456,200,000

Strike  2880  has a total call value of 84,460,800,000  versus a total put value of  0 Combined total value = 84,460,800,000

Strike  2900  has a total call value of 89,698,200,000  versus a total put value of  0 Combined total value = 89,698,200,000

Strike  2920  has a total call value of 94,935,600,000  versus a total put value of  0 Combined total value = 94,935,600,000

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.