ZEEL
ZEE ENTERTAINMENT ENT LTD
Max pain for ZEEL
19 Mar 2024 10:52 AM IST
Max Pain for ZEEL is 170
Strike 125 has a total call value of 0 versus a total put value of 14,869,500,000 Combined total value = 14,869,500,000
Strike 130 has a total call value of 1,500,000 versus a total put value of 13,008,000,000 Combined total value = 13,009,500,000
Strike 135 has a total call value of 34,500,000 versus a total put value of 11,146,500,000 Combined total value = 11,181,000,000
Strike 140 has a total call value of 67,500,000 versus a total put value of 9,285,000,000 Combined total value = 9,352,500,000
Strike 145 has a total call value of 100,500,000 versus a total put value of 7,423,500,000 Combined total value = 7,524,000,000
Strike 150 has a total call value of 133,500,000 versus a total put value of 5,562,000,000 Combined total value = 5,695,500,000
Strike 155 has a total call value of 166,500,000 versus a total put value of 4,507,500,000 Combined total value = 4,674,000,000
Strike 160 has a total call value of 199,500,000 versus a total put value of 4,228,500,000 Combined total value = 4,428,000,000
Strike 165 has a total call value of 232,500,000 versus a total put value of 3,949,500,000 Combined total value = 4,182,000,000
Strike 170 has a total call value of 489,000,000 versus a total put value of 3,670,500,000 Combined total value = 4,159,500,000
Strike 175 has a total call value of 2,094,000,000 versus a total put value of 3,391,500,000 Combined total value = 5,485,500,000
Strike 180 has a total call value of 3,699,000,000 versus a total put value of 3,112,500,000 Combined total value = 6,811,500,000
Strike 185 has a total call value of 7,741,500,000 versus a total put value of 2,833,500,000 Combined total value = 10,575,000,000
Strike 190 has a total call value of 11,784,000,000 versus a total put value of 2,554,500,000 Combined total value = 14,338,500,000
Strike 195 has a total call value of 16,453,500,000 versus a total put value of 2,275,500,000 Combined total value = 18,729,000,000
Strike 200 has a total call value of 21,123,000,000 versus a total put value of 1,996,500,000 Combined total value = 23,119,500,000
Strike 205 has a total call value of 26,965,500,000 versus a total put value of 1,717,500,000 Combined total value = 28,683,000,000
Strike 210 has a total call value of 32,808,000,000 versus a total put value of 1,440,000,000 Combined total value = 34,248,000,000
Strike 215 has a total call value of 38,650,500,000 versus a total put value of 1,210,500,000 Combined total value = 39,861,000,000
Strike 220 has a total call value of 44,493,000,000 versus a total put value of 985,500,000 Combined total value = 45,478,500,000
Strike 225 has a total call value of 50,335,500,000 versus a total put value of 891,000,000 Combined total value = 51,226,500,000
Strike 230 has a total call value of 56,178,000,000 versus a total put value of 796,500,000 Combined total value = 56,974,500,000
Strike 235 has a total call value of 62,020,500,000 versus a total put value of 702,000,000 Combined total value = 62,722,500,000
Strike 240 has a total call value of 67,863,000,000 versus a total put value of 607,500,000 Combined total value = 68,470,500,000
Strike 245 has a total call value of 73,705,500,000 versus a total put value of 516,000,000 Combined total value = 74,221,500,000
Strike 250 has a total call value of 79,548,000,000 versus a total put value of 426,000,000 Combined total value = 79,974,000,000
Strike 255 has a total call value of 85,524,000,000 versus a total put value of 336,000,000 Combined total value = 85,860,000,000
Strike 260 has a total call value of 91,500,000,000 versus a total put value of 246,000,000 Combined total value = 91,746,000,000
Strike 265 has a total call value of 97,476,000,000 versus a total put value of 184,500,000 Combined total value = 97,660,500,000
Strike 270 has a total call value of 103,452,000,000 versus a total put value of 123,000,000 Combined total value = 103,575,000,000
Strike 275 has a total call value of 109,428,000,000 versus a total put value of 97,500,000 Combined total value = 109,525,500,000
Strike 280 has a total call value of 115,404,000,000 versus a total put value of 72,000,000 Combined total value = 115,476,000,000
Strike 285 has a total call value of 121,396,500,000 versus a total put value of 49,500,000 Combined total value = 121,446,000,000
Strike 290 has a total call value of 127,392,000,000 versus a total put value of 27,000,000 Combined total value = 127,419,000,000
Strike 295 has a total call value of 133,387,500,000 versus a total put value of 16,500,000 Combined total value = 133,404,000,000
Strike 300 has a total call value of 139,383,000,000 versus a total put value of 6,000,000 Combined total value = 139,389,000,000
Strike 305 has a total call value of 145,404,000,000 versus a total put value of 3,000,000 Combined total value = 145,407,000,000
Strike 310 has a total call value of 151,425,000,000 versus a total put value of 0 Combined total value = 151,425,000,000
Strike 315 has a total call value of 157,447,500,000 versus a total put value of 0 Combined total value = 157,447,500,000
Strike 320 has a total call value of 163,470,000,000 versus a total put value of 0 Combined total value = 163,470,000,000
Strike 325 has a total call value of 169,492,500,000 versus a total put value of 0 Combined total value = 169,492,500,000
Strike 330 has a total call value of 175,515,000,000 versus a total put value of 0 Combined total value = 175,515,000,000
Strike 335 has a total call value of 181,537,500,000 versus a total put value of 0 Combined total value = 181,537,500,000
Max Pain - Choose a symbol
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O
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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.