[--[65.84.65.76]--]
ZEEL
ZEE ENTERTAINMENT ENT LTD

148.55 -2.70 (-1.79%)

Max pain for ZEEL

23 May 2024 04:08 PM IST

Max Pain for ZEEL is 145  



Strike  117.5  has a total call value of 0  versus a total put value of  16,502,250,000 Combined total value = 16,502,250,000

Strike  120  has a total call value of 0  versus a total put value of  14,626,500,000 Combined total value = 14,626,500,000

Strike  122.5  has a total call value of 12,000,000  versus a total put value of  12,927,000,000 Combined total value = 12,939,000,000

Strike  125  has a total call value of 27,000,000  versus a total put value of  11,230,500,000 Combined total value = 11,257,500,000

Strike  127.5  has a total call value of 42,000,000  versus a total put value of  9,534,000,000 Combined total value = 9,576,000,000

Strike  130  has a total call value of 59,250,000  versus a total put value of  7,837,500,000 Combined total value = 7,896,750,000

Strike  132.5  has a total call value of 76,500,000  versus a total put value of  6,524,250,000 Combined total value = 6,600,750,000

Strike  135  has a total call value of 93,750,000  versus a total put value of  5,211,000,000 Combined total value = 5,304,750,000

Strike  137.5  has a total call value of 302,250,000  versus a total put value of  4,231,500,000 Combined total value = 4,533,750,000

Strike  140  has a total call value of 510,750,000  versus a total put value of  3,252,000,000 Combined total value = 3,762,750,000

Strike  142.5  has a total call value of 1,032,750,000  versus a total put value of  2,544,000,000 Combined total value = 3,576,750,000

Strike  145  has a total call value of 1,603,500,000  versus a total put value of  1,836,000,000 Combined total value = 3,439,500,000

Strike  147.5  has a total call value of 2,427,750,000  versus a total put value of  1,476,000,000 Combined total value = 3,903,750,000

Strike  150  has a total call value of 3,298,500,000  versus a total put value of  1,147,500,000 Combined total value = 4,446,000,000

Strike  152.5  has a total call value of 5,422,500,000  versus a total put value of  819,000,000 Combined total value = 6,241,500,000

Strike  155  has a total call value of 7,599,750,000  versus a total put value of  518,250,000 Combined total value = 8,118,000,000

Strike  157.5  has a total call value of 10,048,500,000  versus a total put value of  272,250,000 Combined total value = 10,320,750,000

Strike  160  has a total call value of 12,558,000,000  versus a total put value of  26,250,000 Combined total value = 12,584,250,000

Strike  162.5  has a total call value of 16,166,250,000  versus a total put value of  21,000,000 Combined total value = 16,187,250,000

Strike  165  has a total call value of 19,774,500,000  versus a total put value of  15,750,000 Combined total value = 19,790,250,000

Strike  167.5  has a total call value of 23,382,750,000  versus a total put value of  10,500,000 Combined total value = 23,393,250,000

Strike  170  has a total call value of 26,991,000,000  versus a total put value of  5,250,000 Combined total value = 26,996,250,000

Strike  172.5  has a total call value of 30,939,000,000  versus a total put value of  0 Combined total value = 30,939,000,000

Strike  175  has a total call value of 34,920,750,000  versus a total put value of  0 Combined total value = 34,920,750,000

Strike  177.5  has a total call value of 38,902,500,000  versus a total put value of  0 Combined total value = 38,902,500,000

Strike  180  has a total call value of 42,884,250,000  versus a total put value of  0 Combined total value = 42,884,250,000

Strike  182.5  has a total call value of 47,037,750,000  versus a total put value of  0 Combined total value = 47,037,750,000

Strike  185  has a total call value of 51,191,250,000  versus a total put value of  0 Combined total value = 51,191,250,000

Strike  187.5  has a total call value of 55,344,750,000  versus a total put value of  0 Combined total value = 55,344,750,000

Strike  190  has a total call value of 59,498,250,000  versus a total put value of  0 Combined total value = 59,498,250,000

Strike  192.5  has a total call value of 63,651,750,000  versus a total put value of  0 Combined total value = 63,651,750,000

Strike  195  has a total call value of 67,805,250,000  versus a total put value of  0 Combined total value = 67,805,250,000

Strike  197.5  has a total call value of 71,958,750,000  versus a total put value of  0 Combined total value = 71,958,750,000

Strike  200  has a total call value of 76,112,250,000  versus a total put value of  0 Combined total value = 76,112,250,000

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.