[--[65.84.65.76]--]
BANKEX
Bank Index

59640.9 -627.36 (-1.04%)

Max pain for BANKEX

28 Jun 2024 04:12 PM IST

Max Pain for BANKEX is 59800  



Strike  52100  has a total call value of 0  versus a total put value of  1,057,085,700,000 Combined total value = 1,057,085,700,000

Strike  52200  has a total call value of 0  versus a total put value of  1,040,906,550,000 Combined total value = 1,040,906,550,000

Strike  52300  has a total call value of 0  versus a total put value of  1,024,727,400,000 Combined total value = 1,024,727,400,000

Strike  52400  has a total call value of 0  versus a total put value of  1,008,548,250,000 Combined total value = 1,008,548,250,000

Strike  52500  has a total call value of 0  versus a total put value of  992,369,100,000 Combined total value = 992,369,100,000

Strike  52600  has a total call value of 0  versus a total put value of  976,189,950,000 Combined total value = 976,189,950,000

Strike  52700  has a total call value of 0  versus a total put value of  960,010,800,000 Combined total value = 960,010,800,000

Strike  52800  has a total call value of 0  versus a total put value of  943,831,650,000 Combined total value = 943,831,650,000

Strike  52900  has a total call value of 0  versus a total put value of  927,652,500,000 Combined total value = 927,652,500,000

Strike  53000  has a total call value of 0  versus a total put value of  911,473,350,000 Combined total value = 911,473,350,000

Strike  53100  has a total call value of 0  versus a total put value of  895,294,200,000 Combined total value = 895,294,200,000

Strike  53200  has a total call value of 0  versus a total put value of  879,115,050,000 Combined total value = 879,115,050,000

Strike  53300  has a total call value of 0  versus a total put value of  862,935,900,000 Combined total value = 862,935,900,000

Strike  53400  has a total call value of 0  versus a total put value of  846,756,750,000 Combined total value = 846,756,750,000

Strike  53500  has a total call value of 0  versus a total put value of  830,577,600,000 Combined total value = 830,577,600,000

Strike  53600  has a total call value of 0  versus a total put value of  814,398,450,000 Combined total value = 814,398,450,000

Strike  53700  has a total call value of 0  versus a total put value of  798,219,300,000 Combined total value = 798,219,300,000

Strike  53800  has a total call value of 0  versus a total put value of  782,040,150,000 Combined total value = 782,040,150,000

Strike  53900  has a total call value of 0  versus a total put value of  765,861,000,000 Combined total value = 765,861,000,000

Strike  54000  has a total call value of 0  versus a total put value of  749,681,850,000 Combined total value = 749,681,850,000

Strike  54100  has a total call value of 0  versus a total put value of  733,502,700,000 Combined total value = 733,502,700,000

Strike  54200  has a total call value of 0  versus a total put value of  717,323,550,000 Combined total value = 717,323,550,000

Strike  54300  has a total call value of 0  versus a total put value of  701,144,400,000 Combined total value = 701,144,400,000

Strike  54400  has a total call value of 0  versus a total put value of  684,965,250,000 Combined total value = 684,965,250,000

Strike  54500  has a total call value of 0  versus a total put value of  668,786,100,000 Combined total value = 668,786,100,000

Strike  54600  has a total call value of 0  versus a total put value of  652,606,950,000 Combined total value = 652,606,950,000

Strike  54700  has a total call value of 0  versus a total put value of  636,427,800,000 Combined total value = 636,427,800,000

Strike  54800  has a total call value of 0  versus a total put value of  620,248,650,000 Combined total value = 620,248,650,000

Strike  54900  has a total call value of 0  versus a total put value of  604,069,500,000 Combined total value = 604,069,500,000

Strike  55000  has a total call value of 0  versus a total put value of  587,890,350,000 Combined total value = 587,890,350,000

Strike  55100  has a total call value of 0  versus a total put value of  571,718,850,000 Combined total value = 571,718,850,000

Strike  55200  has a total call value of 0  versus a total put value of  555,547,350,000 Combined total value = 555,547,350,000

Strike  55300  has a total call value of 0  versus a total put value of  539,375,850,000 Combined total value = 539,375,850,000

Strike  55400  has a total call value of 0  versus a total put value of  523,204,350,000 Combined total value = 523,204,350,000

Strike  55500  has a total call value of 0  versus a total put value of  507,032,850,000 Combined total value = 507,032,850,000

Strike  55600  has a total call value of 0  versus a total put value of  490,861,350,000 Combined total value = 490,861,350,000

Strike  55700  has a total call value of 0  versus a total put value of  474,689,850,000 Combined total value = 474,689,850,000

Strike  55800  has a total call value of 0  versus a total put value of  458,518,350,000 Combined total value = 458,518,350,000

Strike  55900  has a total call value of 0  versus a total put value of  442,346,850,000 Combined total value = 442,346,850,000

Strike  56000  has a total call value of 0  versus a total put value of  426,175,350,000 Combined total value = 426,175,350,000

Strike  56100  has a total call value of 0  versus a total put value of  410,022,750,000 Combined total value = 410,022,750,000

Strike  56200  has a total call value of 0  versus a total put value of  393,870,150,000 Combined total value = 393,870,150,000

Strike  56300  has a total call value of 0  versus a total put value of  377,717,850,000 Combined total value = 377,717,850,000

Strike  56400  has a total call value of 0  versus a total put value of  361,565,700,000 Combined total value = 361,565,700,000

Strike  56500  has a total call value of 0  versus a total put value of  345,413,850,000 Combined total value = 345,413,850,000

Strike  56600  has a total call value of 0  versus a total put value of  329,369,250,000 Combined total value = 329,369,250,000

Strike  56700  has a total call value of 0  versus a total put value of  313,326,150,000 Combined total value = 313,326,150,000

Strike  56800  has a total call value of 0  versus a total put value of  297,285,300,000 Combined total value = 297,285,300,000

Strike  56900  has a total call value of 0  versus a total put value of  281,252,550,000 Combined total value = 281,252,550,000

Strike  57000  has a total call value of 0  versus a total put value of  265,222,350,000 Combined total value = 265,222,350,000

Strike  57100  has a total call value of 3,300,000  versus a total put value of  249,891,450,000 Combined total value = 249,894,750,000

Strike  57200  has a total call value of 6,600,000  versus a total put value of  234,567,300,000 Combined total value = 234,573,900,000

Strike  57300  has a total call value of 9,900,000  versus a total put value of  219,279,900,000 Combined total value = 219,289,800,000

Strike  57400  has a total call value of 13,200,000  versus a total put value of  204,026,400,000 Combined total value = 204,039,600,000

Strike  57500  has a total call value of 16,500,000  versus a total put value of  188,956,050,000 Combined total value = 188,972,550,000

Strike  57600  has a total call value of 23,850,000  versus a total put value of  175,226,400,000 Combined total value = 175,250,250,000

Strike  57700  has a total call value of 31,200,000  versus a total put value of  161,709,000,000 Combined total value = 161,740,200,000

Strike  57800  has a total call value of 38,550,000  versus a total put value of  148,437,150,000 Combined total value = 148,475,700,000

Strike  57900  has a total call value of 45,900,000  versus a total put value of  135,623,550,000 Combined total value = 135,669,450,000

Strike  58000  has a total call value of 53,250,000  versus a total put value of  123,098,700,000 Combined total value = 123,151,950,000

Strike  58100  has a total call value of 121,950,000  versus a total put value of  112,455,600,000 Combined total value = 112,577,550,000

Strike  58200  has a total call value of 191,700,000  versus a total put value of  102,065,700,000 Combined total value = 102,257,400,000

Strike  58300  has a total call value of 263,400,000  versus a total put value of  92,137,950,000 Combined total value = 92,401,350,000

Strike  58400  has a total call value of 336,750,000  versus a total put value of  82,458,900,000 Combined total value = 82,795,650,000

Strike  58500  has a total call value of 412,800,000  versus a total put value of  73,221,450,000 Combined total value = 73,634,250,000

Strike  58600  has a total call value of 529,950,000  versus a total put value of  64,960,050,000 Combined total value = 65,490,000,000

Strike  58700  has a total call value of 654,000,000  versus a total put value of  57,015,750,000 Combined total value = 57,669,750,000

Strike  58800  has a total call value of 785,850,000  versus a total put value of  49,497,900,000 Combined total value = 50,283,750,000

Strike  58900  has a total call value of 930,600,000  versus a total put value of  42,422,700,000 Combined total value = 43,353,300,000

Strike  59000  has a total call value of 1,088,100,000  versus a total put value of  35,679,450,000 Combined total value = 36,767,550,000

Strike  59100  has a total call value of 1,387,500,000  versus a total put value of  30,099,000,000 Combined total value = 31,486,500,000

Strike  59200  has a total call value of 1,695,300,000  versus a total put value of  24,848,100,000 Combined total value = 26,543,400,000

Strike  59300  has a total call value of 2,031,750,000  versus a total put value of  19,938,900,000 Combined total value = 21,970,650,000

Strike  59400  has a total call value of 2,424,600,000  versus a total put value of  15,464,850,000 Combined total value = 17,889,450,000

Strike  59500  has a total call value of 3,002,850,000  versus a total put value of  11,832,900,000 Combined total value = 14,835,750,000

Strike  59600  has a total call value of 4,053,900,000  versus a total put value of  9,173,250,000 Combined total value = 13,227,150,000

Strike  59700  has a total call value of 5,397,750,000  versus a total put value of  6,913,950,000 Combined total value = 12,311,700,000

Strike  59800  has a total call value of 7,123,050,000  versus a total put value of  5,026,350,000 Combined total value = 12,149,400,000

Strike  59900  has a total call value of 9,119,400,000  versus a total put value of  3,341,100,000 Combined total value = 12,460,500,000

Strike  60000  has a total call value of 11,622,450,000  versus a total put value of  1,831,800,000 Combined total value = 13,454,250,000

Strike  60100  has a total call value of 15,757,950,000  versus a total put value of  1,166,400,000 Combined total value = 16,924,350,000

Strike  60200  has a total call value of 20,440,800,000  versus a total put value of  762,000,000 Combined total value = 21,202,800,000

Strike  60300  has a total call value of 25,733,850,000  versus a total put value of  468,450,000 Combined total value = 26,202,300,000

Strike  60400  has a total call value of 32,002,200,000  versus a total put value of  276,150,000 Combined total value = 32,278,350,000

Strike  60500  has a total call value of 38,932,950,000  versus a total put value of  127,200,000 Combined total value = 39,060,150,000

Strike  60600  has a total call value of 47,050,200,000  versus a total put value of  81,000,000 Combined total value = 47,131,200,000

Strike  60700  has a total call value of 56,115,000,000  versus a total put value of  48,600,000 Combined total value = 56,163,600,000

Strike  60800  has a total call value of 65,713,200,000  versus a total put value of  30,750,000 Combined total value = 65,743,950,000

Strike  60900  has a total call value of 75,841,650,000  versus a total put value of  18,000,000 Combined total value = 75,859,650,000

Strike  61000  has a total call value of 86,340,300,000  versus a total put value of  6,150,000 Combined total value = 86,346,450,000

Strike  61100  has a total call value of 99,197,550,000  versus a total put value of  4,800,000 Combined total value = 99,202,350,000

Strike  61200  has a total call value of 112,551,300,000  versus a total put value of  3,900,000 Combined total value = 112,555,200,000

Strike  61300  has a total call value of 126,465,450,000  versus a total put value of  3,000,000 Combined total value = 126,468,450,000

Strike  61400  has a total call value of 140,970,900,000  versus a total put value of  2,100,000 Combined total value = 140,973,000,000

Strike  61500  has a total call value of 156,006,600,000  versus a total put value of  1,200,000 Combined total value = 156,007,800,000

Strike  61600  has a total call value of 173,068,650,000  versus a total put value of  600,000 Combined total value = 173,069,250,000

Strike  61700  has a total call value of 190,677,600,000  versus a total put value of  300,000 Combined total value = 190,677,900,000

Strike  61800  has a total call value of 208,840,050,000  versus a total put value of  0 Combined total value = 208,840,050,000

Strike  61900  has a total call value of 227,368,050,000  versus a total put value of  0 Combined total value = 227,368,050,000

Strike  62000  has a total call value of 246,267,150,000  versus a total put value of  0 Combined total value = 246,267,150,000

Strike  62100  has a total call value of 268,143,000,000  versus a total put value of  0 Combined total value = 268,143,000,000

Strike  62200  has a total call value of 290,439,300,000  versus a total put value of  0 Combined total value = 290,439,300,000

Strike  62300  has a total call value of 313,125,150,000  versus a total put value of  0 Combined total value = 313,125,150,000

Strike  62400  has a total call value of 335,945,250,000  versus a total put value of  0 Combined total value = 335,945,250,000

Strike  62500  has a total call value of 358,869,150,000  versus a total put value of  0 Combined total value = 358,869,150,000

Strike  62600  has a total call value of 382,932,750,000  versus a total put value of  0 Combined total value = 382,932,750,000

Strike  62700  has a total call value of 407,032,800,000  versus a total put value of  0 Combined total value = 407,032,800,000

Strike  62800  has a total call value of 431,183,850,000  versus a total put value of  0 Combined total value = 431,183,850,000

Strike  62900  has a total call value of 455,499,150,000  versus a total put value of  0 Combined total value = 455,499,150,000

Strike  63000  has a total call value of 479,817,600,000  versus a total put value of  0 Combined total value = 479,817,600,000

Strike  63100  has a total call value of 504,644,100,000  versus a total put value of  0 Combined total value = 504,644,100,000

Strike  63200  has a total call value of 529,470,600,000  versus a total put value of  0 Combined total value = 529,470,600,000

Strike  63300  has a total call value of 554,297,100,000  versus a total put value of  0 Combined total value = 554,297,100,000

Strike  63400  has a total call value of 579,123,600,000  versus a total put value of  0 Combined total value = 579,123,600,000

Strike  63500  has a total call value of 603,950,100,000  versus a total put value of  0 Combined total value = 603,950,100,000

Strike  63600  has a total call value of 628,999,050,000  versus a total put value of  0 Combined total value = 628,999,050,000

Strike  63700  has a total call value of 654,048,000,000  versus a total put value of  0 Combined total value = 654,048,000,000

Strike  63800  has a total call value of 679,096,950,000  versus a total put value of  0 Combined total value = 679,096,950,000

Strike  63900  has a total call value of 704,156,100,000  versus a total put value of  0 Combined total value = 704,156,100,000

Strike  64000  has a total call value of 729,215,250,000  versus a total put value of  0 Combined total value = 729,215,250,000

All Max-Pain Table

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.