[--[65.84.65.76]--]
SBIN
STATE BANK OF INDIA

752.35 19.05 (2.60%)


Strike  600  has a total call value of 0  versus a total put value of  217,281,000,000 Combined total value = 217,281,000,000

Strike  605  has a total call value of 0  versus a total put value of  208,615,500,000 Combined total value = 208,615,500,000

Strike  610  has a total call value of 0  versus a total put value of  199,950,000,000 Combined total value = 199,950,000,000

Strike  615  has a total call value of 0  versus a total put value of  191,284,500,000 Combined total value = 191,284,500,000

Strike  620  has a total call value of 0  versus a total put value of  182,619,000,000 Combined total value = 182,619,000,000

Strike  625  has a total call value of 38,250,000  versus a total put value of  173,982,000,000 Combined total value = 174,020,250,000

Strike  630  has a total call value of 76,500,000  versus a total put value of  165,345,000,000 Combined total value = 165,421,500,000

Strike  635  has a total call value of 114,750,000  versus a total put value of  156,762,750,000 Combined total value = 156,877,500,000

Strike  640  has a total call value of 153,000,000  versus a total put value of  148,180,500,000 Combined total value = 148,333,500,000

Strike  645  has a total call value of 222,750,000  versus a total put value of  139,650,750,000 Combined total value = 139,873,500,000

Strike  650  has a total call value of 292,500,000  versus a total put value of  131,121,000,000 Combined total value = 131,413,500,000

Strike  655  has a total call value of 399,750,000  versus a total put value of  122,991,000,000 Combined total value = 123,390,750,000

Strike  660  has a total call value of 507,000,000  versus a total put value of  114,861,000,000 Combined total value = 115,368,000,000

Strike  665  has a total call value of 614,250,000  versus a total put value of  106,845,750,000 Combined total value = 107,460,000,000

Strike  670  has a total call value of 721,500,000  versus a total put value of  98,846,250,000 Combined total value = 99,567,750,000

Strike  675  has a total call value of 847,500,000  versus a total put value of  91,011,000,000 Combined total value = 91,858,500,000

Strike  680  has a total call value of 973,500,000  versus a total put value of  83,187,750,000 Combined total value = 84,161,250,000

Strike  685  has a total call value of 1,133,250,000  versus a total put value of  75,678,000,000 Combined total value = 76,811,250,000

Strike  690  has a total call value of 1,293,000,000  versus a total put value of  68,208,000,000 Combined total value = 69,501,000,000

Strike  695  has a total call value of 1,464,750,000  versus a total put value of  61,143,000,000 Combined total value = 62,607,750,000

Strike  700  has a total call value of 1,636,500,000  versus a total put value of  54,120,750,000 Combined total value = 55,757,250,000

Strike  705  has a total call value of 2,191,500,000  versus a total put value of  48,331,500,000 Combined total value = 50,523,000,000

Strike  710  has a total call value of 2,746,500,000  versus a total put value of  42,615,000,000 Combined total value = 45,361,500,000

Strike  715  has a total call value of 3,325,500,000  versus a total put value of  37,299,000,000 Combined total value = 40,624,500,000

Strike  720  has a total call value of 3,918,000,000  versus a total put value of  32,053,500,000 Combined total value = 35,971,500,000

Strike  725  has a total call value of 4,962,750,000  versus a total put value of  27,613,500,000 Combined total value = 32,576,250,000

Strike  730  has a total call value of 6,019,500,000  versus a total put value of  23,267,250,000 Combined total value = 29,286,750,000

Strike  735  has a total call value of 7,346,250,000  versus a total put value of  19,593,000,000 Combined total value = 26,939,250,000

Strike  740  has a total call value of 8,742,750,000  versus a total put value of  16,029,750,000 Combined total value = 24,772,500,000

Strike  745  has a total call value of 10,890,750,000  versus a total put value of  13,257,750,000 Combined total value = 24,148,500,000

Strike  750  has a total call value of 13,220,250,000  versus a total put value of  10,656,000,000 Combined total value = 23,876,250,000

Strike  755  has a total call value of 17,262,000,000  versus a total put value of  9,148,500,000 Combined total value = 26,410,500,000

Strike  760  has a total call value of 21,431,250,000  versus a total put value of  7,710,000,000 Combined total value = 29,141,250,000

Strike  765  has a total call value of 26,409,000,000  versus a total put value of  6,628,500,000 Combined total value = 33,037,500,000

Strike  770  has a total call value of 31,470,750,000  versus a total put value of  5,580,000,000 Combined total value = 37,050,750,000

Strike  775  has a total call value of 37,051,500,000  versus a total put value of  4,686,000,000 Combined total value = 41,737,500,000

Strike  780  has a total call value of 42,799,500,000  versus a total put value of  3,840,750,000 Combined total value = 46,640,250,000

Strike  785  has a total call value of 49,384,500,000  versus a total put value of  3,216,000,000 Combined total value = 52,600,500,000

Strike  790  has a total call value of 56,064,000,000  versus a total put value of  2,631,000,000 Combined total value = 58,695,000,000

Strike  795  has a total call value of 63,126,000,000  versus a total put value of  2,133,000,000 Combined total value = 65,259,000,000

Strike  800  has a total call value of 70,264,500,000  versus a total put value of  1,635,000,000 Combined total value = 71,899,500,000

Strike  805  has a total call value of 79,083,000,000  versus a total put value of  1,476,000,000 Combined total value = 80,559,000,000

Strike  810  has a total call value of 87,947,250,000  versus a total put value of  1,317,000,000 Combined total value = 89,264,250,000

Strike  815  has a total call value of 97,029,000,000  versus a total put value of  1,172,250,000 Combined total value = 98,201,250,000

Strike  820  has a total call value of 106,134,000,000  versus a total put value of  1,027,500,000 Combined total value = 107,161,500,000

Strike  825  has a total call value of 115,549,500,000  versus a total put value of  882,750,000 Combined total value = 116,432,250,000

Strike  830  has a total call value of 124,986,750,000  versus a total put value of  738,000,000 Combined total value = 125,724,750,000

Strike  835  has a total call value of 134,524,500,000  versus a total put value of  593,250,000 Combined total value = 135,117,750,000

Strike  840  has a total call value of 144,066,000,000  versus a total put value of  448,500,000 Combined total value = 144,514,500,000

Strike  845  has a total call value of 153,683,250,000  versus a total put value of  303,750,000 Combined total value = 153,987,000,000

Strike  850  has a total call value of 163,300,500,000  versus a total put value of  159,000,000 Combined total value = 163,459,500,000

Strike  855  has a total call value of 173,495,250,000  versus a total put value of  119,250,000 Combined total value = 173,614,500,000

Strike  860  has a total call value of 183,690,000,000  versus a total put value of  79,500,000 Combined total value = 183,769,500,000

Strike  865  has a total call value of 193,939,500,000  versus a total put value of  39,750,000 Combined total value = 193,979,250,000

Strike  870  has a total call value of 204,189,000,000  versus a total put value of  0 Combined total value = 204,189,000,000

Strike  875  has a total call value of 214,533,750,000  versus a total put value of  0 Combined total value = 214,533,750,000

Strike  880  has a total call value of 224,878,500,000  versus a total put value of  0 Combined total value = 224,878,500,000

Strike  885  has a total call value of 235,293,750,000  versus a total put value of  0 Combined total value = 235,293,750,000

Strike  890  has a total call value of 245,709,000,000  versus a total put value of  0 Combined total value = 245,709,000,000

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.