SIEMENS
SIEMENS LTD
Max pain for SIEMENS
26 Apr 2024 09:05 AM IST
Max Pain for SIEMENS is 5600
Strike 4700 has a total call value of 0 versus a total put value of 4,200,000,000 Combined total value = 4,200,000,000
Strike 4750 has a total call value of 10,500,000 versus a total put value of 3,868,500,000 Combined total value = 3,879,000,000
Strike 4800 has a total call value of 21,000,000 versus a total put value of 3,537,000,000 Combined total value = 3,558,000,000
Strike 4850 has a total call value of 31,500,000 versus a total put value of 3,205,500,000 Combined total value = 3,237,000,000
Strike 4900 has a total call value of 42,000,000 versus a total put value of 2,874,000,000 Combined total value = 2,916,000,000
Strike 4950 has a total call value of 52,500,000 versus a total put value of 2,542,500,000 Combined total value = 2,595,000,000
Strike 5000 has a total call value of 63,000,000 versus a total put value of 2,211,000,000 Combined total value = 2,274,000,000
Strike 5050 has a total call value of 90,000,000 versus a total put value of 1,960,500,000 Combined total value = 2,050,500,000
Strike 5100 has a total call value of 117,000,000 versus a total put value of 1,710,000,000 Combined total value = 1,827,000,000
Strike 5150 has a total call value of 147,750,000 versus a total put value of 1,459,500,000 Combined total value = 1,607,250,000
Strike 5200 has a total call value of 178,500,000 versus a total put value of 1,209,000,000 Combined total value = 1,387,500,000
Strike 5250 has a total call value of 213,750,000 versus a total put value of 1,033,500,000 Combined total value = 1,247,250,000
Strike 5300 has a total call value of 249,000,000 versus a total put value of 858,000,000 Combined total value = 1,107,000,000
Strike 5350 has a total call value of 284,250,000 versus a total put value of 682,500,000 Combined total value = 966,750,000
Strike 5400 has a total call value of 319,500,000 versus a total put value of 507,000,000 Combined total value = 826,500,000
Strike 5450 has a total call value of 355,500,000 versus a total put value of 374,250,000 Combined total value = 729,750,000
Strike 5500 has a total call value of 391,500,000 versus a total put value of 241,500,000 Combined total value = 633,000,000
Strike 5550 has a total call value of 442,500,000 versus a total put value of 180,750,000 Combined total value = 623,250,000
Strike 5600 has a total call value of 493,500,000 versus a total put value of 120,000,000 Combined total value = 613,500,000
Strike 5650 has a total call value of 553,500,000 versus a total put value of 66,000,000 Combined total value = 619,500,000
Strike 5700 has a total call value of 613,500,000 versus a total put value of 12,000,000 Combined total value = 625,500,000
Strike 5750 has a total call value of 747,000,000 versus a total put value of 11,250,000 Combined total value = 758,250,000
Strike 5800 has a total call value of 959,250,000 versus a total put value of 10,500,000 Combined total value = 969,750,000
Strike 5850 has a total call value of 1,295,250,000 versus a total put value of 9,750,000 Combined total value = 1,305,000,000
Strike 5900 has a total call value of 1,634,250,000 versus a total put value of 9,000,000 Combined total value = 1,643,250,000
Strike 5950 has a total call value of 2,001,000,000 versus a total put value of 8,250,000 Combined total value = 2,009,250,000
Strike 6000 has a total call value of 2,367,750,000 versus a total put value of 7,500,000 Combined total value = 2,375,250,000
Strike 6050 has a total call value of 2,902,500,000 versus a total put value of 6,750,000 Combined total value = 2,909,250,000
Strike 6100 has a total call value of 3,437,250,000 versus a total put value of 6,000,000 Combined total value = 3,443,250,000
Strike 6150 has a total call value of 4,017,750,000 versus a total put value of 5,250,000 Combined total value = 4,023,000,000
Strike 6200 has a total call value of 4,598,250,000 versus a total put value of 4,500,000 Combined total value = 4,602,750,000
Strike 6250 has a total call value of 5,213,250,000 versus a total put value of 3,750,000 Combined total value = 5,217,000,000
Strike 6300 has a total call value of 5,828,250,000 versus a total put value of 3,000,000 Combined total value = 5,831,250,000
Strike 6350 has a total call value of 6,484,500,000 versus a total put value of 2,250,000 Combined total value = 6,486,750,000
Strike 6400 has a total call value of 7,140,750,000 versus a total put value of 1,500,000 Combined total value = 7,142,250,000
Strike 6450 has a total call value of 7,829,250,000 versus a total put value of 750,000 Combined total value = 7,830,000,000
Strike 6500 has a total call value of 8,517,750,000 versus a total put value of 0 Combined total value = 8,517,750,000
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.