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BANKNIFTY
NIFTY BANK

47297.5 10.60 (0.02%)


Strike  37500  has a total call value of 0  versus a total put value of  31,866,044,100,000 Combined total value = 31,866,044,100,000

Strike  38000  has a total call value of 0  versus a total put value of  29,764,034,100,000 Combined total value = 29,764,034,100,000

Strike  38500  has a total call value of 0  versus a total put value of  27,667,636,350,000 Combined total value = 27,667,636,350,000

Strike  38900  has a total call value of 0  versus a total put value of  25,992,602,550,000 Combined total value = 25,992,602,550,000

Strike  39000  has a total call value of 0  versus a total put value of  25,573,844,100,000 Combined total value = 25,573,844,100,000

Strike  39100  has a total call value of 0  versus a total put value of  25,163,780,250,000 Combined total value = 25,163,780,250,000

Strike  39200  has a total call value of 0  versus a total put value of  24,753,716,400,000 Combined total value = 24,753,716,400,000

Strike  39300  has a total call value of 0  versus a total put value of  24,343,652,550,000 Combined total value = 24,343,652,550,000

Strike  39400  has a total call value of 0  versus a total put value of  23,933,588,700,000 Combined total value = 23,933,588,700,000

Strike  39500  has a total call value of 0  versus a total put value of  23,523,524,850,000 Combined total value = 23,523,524,850,000

Strike  39600  has a total call value of 0  versus a total put value of  23,114,534,550,000 Combined total value = 23,114,534,550,000

Strike  39700  has a total call value of 0  versus a total put value of  22,705,544,250,000 Combined total value = 22,705,544,250,000

Strike  39800  has a total call value of 0  versus a total put value of  22,296,553,950,000 Combined total value = 22,296,553,950,000

Strike  39900  has a total call value of 0  versus a total put value of  21,887,563,650,000 Combined total value = 21,887,563,650,000

Strike  40000  has a total call value of 0  versus a total put value of  21,478,573,350,000 Combined total value = 21,478,573,350,000

Strike  40100  has a total call value of 0  versus a total put value of  21,072,199,950,000 Combined total value = 21,072,199,950,000

Strike  40200  has a total call value of 0  versus a total put value of  20,665,826,550,000 Combined total value = 20,665,826,550,000

Strike  40300  has a total call value of 0  versus a total put value of  20,259,453,150,000 Combined total value = 20,259,453,150,000

Strike  40400  has a total call value of 0  versus a total put value of  19,853,079,750,000 Combined total value = 19,853,079,750,000

Strike  40500  has a total call value of 0  versus a total put value of  19,446,706,350,000 Combined total value = 19,446,706,350,000

Strike  40600  has a total call value of 0  versus a total put value of  19,041,580,350,000 Combined total value = 19,041,580,350,000

Strike  40700  has a total call value of 0  versus a total put value of  18,636,454,350,000 Combined total value = 18,636,454,350,000

Strike  40800  has a total call value of 0  versus a total put value of  18,231,328,350,000 Combined total value = 18,231,328,350,000

Strike  40900  has a total call value of 0  versus a total put value of  17,826,202,350,000 Combined total value = 17,826,202,350,000

Strike  41000  has a total call value of 0  versus a total put value of  17,421,076,350,000 Combined total value = 17,421,076,350,000

Strike  41100  has a total call value of 0  versus a total put value of  17,020,376,250,000 Combined total value = 17,020,376,250,000

Strike  41200  has a total call value of 0  versus a total put value of  16,619,676,150,000 Combined total value = 16,619,676,150,000

Strike  41300  has a total call value of 0  versus a total put value of  16,218,976,050,000 Combined total value = 16,218,976,050,000

Strike  41400  has a total call value of 0  versus a total put value of  15,818,275,950,000 Combined total value = 15,818,275,950,000

Strike  41500  has a total call value of 0  versus a total put value of  15,417,575,850,000 Combined total value = 15,417,575,850,000

Strike  41600  has a total call value of 0  versus a total put value of  15,021,771,450,000 Combined total value = 15,021,771,450,000

Strike  41700  has a total call value of 0  versus a total put value of  14,625,967,050,000 Combined total value = 14,625,967,050,000

Strike  41800  has a total call value of 0  versus a total put value of  14,230,162,650,000 Combined total value = 14,230,162,650,000

Strike  41900  has a total call value of 0  versus a total put value of  13,834,358,250,000 Combined total value = 13,834,358,250,000

Strike  42000  has a total call value of 0  versus a total put value of  13,438,553,850,000 Combined total value = 13,438,553,850,000

Strike  42100  has a total call value of 0  versus a total put value of  13,049,923,350,000 Combined total value = 13,049,923,350,000

Strike  42200  has a total call value of 0  versus a total put value of  12,661,292,850,000 Combined total value = 12,661,292,850,000

Strike  42300  has a total call value of 0  versus a total put value of  12,272,662,350,000 Combined total value = 12,272,662,350,000

Strike  42400  has a total call value of 0  versus a total put value of  11,884,031,850,000 Combined total value = 11,884,031,850,000

Strike  42500  has a total call value of 0  versus a total put value of  11,495,401,350,000 Combined total value = 11,495,401,350,000

Strike  42600  has a total call value of 0  versus a total put value of  11,116,941,000,000 Combined total value = 11,116,941,000,000

Strike  42700  has a total call value of 0  versus a total put value of  10,739,488,350,000 Combined total value = 10,739,488,350,000

Strike  42800  has a total call value of 0  versus a total put value of  10,362,897,450,000 Combined total value = 10,362,897,450,000

Strike  42900  has a total call value of 0  versus a total put value of  9,987,297,150,000 Combined total value = 9,987,297,150,000

Strike  43000  has a total call value of 0  versus a total put value of  9,612,632,400,000 Combined total value = 9,612,632,400,000

Strike  43100  has a total call value of 0  versus a total put value of  9,255,138,150,000 Combined total value = 9,255,138,150,000

Strike  43200  has a total call value of 0  versus a total put value of  8,898,987,450,000 Combined total value = 8,898,987,450,000

Strike  43300  has a total call value of 0  versus a total put value of  8,544,535,050,000 Combined total value = 8,544,535,050,000

Strike  43400  has a total call value of 0  versus a total put value of  8,191,865,100,000 Combined total value = 8,191,865,100,000

Strike  43500  has a total call value of 0  versus a total put value of  7,840,620,750,000 Combined total value = 7,840,620,750,000

Strike  43600  has a total call value of 0  versus a total put value of  7,503,404,400,000 Combined total value = 7,503,404,400,000

Strike  43700  has a total call value of 0  versus a total put value of  7,168,717,350,000 Combined total value = 7,168,717,350,000

Strike  43800  has a total call value of 0  versus a total put value of  6,838,013,550,000 Combined total value = 6,838,013,550,000

Strike  43900  has a total call value of 0  versus a total put value of  6,510,064,050,000 Combined total value = 6,510,064,050,000

Strike  44000  has a total call value of 0  versus a total put value of  6,184,214,250,000 Combined total value = 6,184,214,250,000

Strike  44100  has a total call value of 170,400,000  versus a total put value of  5,881,183,500,000 Combined total value = 5,881,353,900,000

Strike  44200  has a total call value of 340,800,000  versus a total put value of  5,579,412,900,000 Combined total value = 5,579,753,700,000

Strike  44300  has a total call value of 511,200,000  versus a total put value of  5,280,307,800,000 Combined total value = 5,280,819,000,000

Strike  44400  has a total call value of 681,600,000  versus a total put value of  4,984,800,600,000 Combined total value = 4,985,482,200,000

Strike  44500  has a total call value of 864,000,000  versus a total put value of  4,692,743,400,000 Combined total value = 4,693,607,400,000

Strike  44600  has a total call value of 1,161,150,000  versus a total put value of  4,420,662,600,000 Combined total value = 4,421,823,750,000

Strike  44700  has a total call value of 1,466,700,000  versus a total put value of  4,152,019,050,000 Combined total value = 4,153,485,750,000

Strike  44800  has a total call value of 1,805,250,000  versus a total put value of  3,887,421,900,000 Combined total value = 3,889,227,150,000

Strike  44900  has a total call value of 2,188,200,000  versus a total put value of  3,625,956,150,000 Combined total value = 3,628,144,350,000

Strike  45000  has a total call value of 2,571,150,000  versus a total put value of  3,366,976,050,000 Combined total value = 3,369,547,200,000

Strike  45100  has a total call value of 3,312,150,000  versus a total put value of  3,132,118,350,000 Combined total value = 3,135,430,500,000

Strike  45200  has a total call value of 4,053,150,000  versus a total put value of  2,900,184,000,000 Combined total value = 2,904,237,150,000

Strike  45300  has a total call value of 4,880,550,000  versus a total put value of  2,673,326,100,000 Combined total value = 2,678,206,650,000

Strike  45400  has a total call value of 5,776,350,000  versus a total put value of  2,452,218,300,000 Combined total value = 2,457,994,650,000

Strike  45500  has a total call value of 6,761,850,000  versus a total put value of  2,235,242,250,000 Combined total value = 2,242,004,100,000

Strike  45600  has a total call value of 8,229,600,000  versus a total put value of  2,032,116,000,000 Combined total value = 2,040,345,600,000

Strike  45700  has a total call value of 10,092,900,000  versus a total put value of  1,835,366,550,000 Combined total value = 1,845,459,450,000

Strike  45800  has a total call value of 12,084,600,000  versus a total put value of  1,643,539,050,000 Combined total value = 1,655,623,650,000

Strike  45900  has a total call value of 14,453,700,000  versus a total put value of  1,457,056,050,000 Combined total value = 1,471,509,750,000

Strike  46000  has a total call value of 17,208,900,000  versus a total put value of  1,275,294,600,000 Combined total value = 1,292,503,500,000

Strike  46100  has a total call value of 24,933,300,000  versus a total put value of  1,113,943,650,000 Combined total value = 1,138,876,950,000

Strike  46200  has a total call value of 33,337,500,000  versus a total put value of  958,792,200,000 Combined total value = 992,129,700,000

Strike  46300  has a total call value of 43,409,700,000  versus a total put value of  812,235,750,000 Combined total value = 855,645,450,000

Strike  46400  has a total call value of 55,528,650,000  versus a total put value of  673,816,950,000 Combined total value = 729,345,600,000

Strike  46500  has a total call value of 69,262,200,000  versus a total put value of  544,876,650,000 Combined total value = 614,138,850,000

Strike  46600  has a total call value of 91,000,050,000  versus a total put value of  444,436,650,000 Combined total value = 535,436,700,000

Strike  46700  has a total call value of 116,597,850,000  versus a total put value of  355,372,800,000 Combined total value = 471,970,650,000

Strike  46800  has a total call value of 147,889,950,000  versus a total put value of  275,692,650,000 Combined total value = 423,582,600,000

Strike  46900  has a total call value of 184,144,200,000  versus a total put value of  206,463,600,000 Combined total value = 390,607,800,000

Strike  47000  has a total call value of 225,551,100,000  versus a total put value of  143,607,600,000 Combined total value = 369,158,700,000

Strike  47100  has a total call value of 280,688,550,000  versus a total put value of  104,340,900,000 Combined total value = 385,029,450,000

Strike  47200  has a total call value of 338,913,750,000  versus a total put value of  70,225,200,000 Combined total value = 409,138,950,000

Strike  47300  has a total call value of 405,260,700,000  versus a total put value of  44,877,150,000 Combined total value = 450,137,850,000

Strike  47400  has a total call value of 481,166,100,000  versus a total put value of  29,389,950,000 Combined total value = 510,556,050,000

Strike  47500  has a total call value of 563,595,150,000  versus a total put value of  18,309,000,000 Combined total value = 581,904,150,000

Strike  47600  has a total call value of 662,878,500,000  versus a total put value of  14,038,200,000 Combined total value = 676,916,700,000

Strike  47700  has a total call value of 766,988,400,000  versus a total put value of  10,716,150,000 Combined total value = 777,704,550,000

Strike  47800  has a total call value of 876,430,200,000  versus a total put value of  8,074,950,000 Combined total value = 884,505,150,000

Strike  47900  has a total call value of 992,666,400,000  versus a total put value of  5,904,900,000 Combined total value = 998,571,300,000

Strike  48000  has a total call value of 1,112,308,800,000  versus a total put value of  3,944,400,000 Combined total value = 1,116,253,200,000

Strike  48100  has a total call value of 1,252,399,950,000  versus a total put value of  3,308,100,000 Combined total value = 1,255,708,050,000

Strike  48200  has a total call value of 1,395,862,650,000  versus a total put value of  2,747,550,000 Combined total value = 1,398,610,200,000

Strike  48300  has a total call value of 1,544,601,750,000  versus a total put value of  2,228,400,000 Combined total value = 1,546,830,150,000

Strike  48400  has a total call value of 1,698,194,250,000  versus a total put value of  1,760,250,000 Combined total value = 1,699,954,500,000

Strike  48500  has a total call value of 1,857,520,200,000  versus a total put value of  1,333,650,000 Combined total value = 1,858,853,850,000

Strike  48600  has a total call value of 2,030,248,650,000  versus a total put value of  1,160,550,000 Combined total value = 2,031,409,200,000

Strike  48700  has a total call value of 2,208,134,700,000  versus a total put value of  1,014,000,000 Combined total value = 2,209,148,700,000

Strike  48800  has a total call value of 2,390,620,500,000  versus a total put value of  872,550,000 Combined total value = 2,391,493,050,000

Strike  48900  has a total call value of 2,579,279,400,000  versus a total put value of  732,600,000 Combined total value = 2,580,012,000,000

Strike  49000  has a total call value of 2,776,874,850,000  versus a total put value of  595,050,000 Combined total value = 2,777,469,900,000

Strike  49100  has a total call value of 2,997,589,500,000  versus a total put value of  530,400,000 Combined total value = 2,998,119,900,000

Strike  49200  has a total call value of 3,222,972,000,000  versus a total put value of  465,750,000 Combined total value = 3,223,437,750,000

Strike  49300  has a total call value of 3,452,823,600,000  versus a total put value of  407,400,000 Combined total value = 3,453,231,000,000

Strike  49400  has a total call value of 3,685,802,700,000  versus a total put value of  349,200,000 Combined total value = 3,686,151,900,000

Strike  49500  has a total call value of 3,921,466,050,000  versus a total put value of  291,000,000 Combined total value = 3,921,757,050,000

Strike  49600  has a total call value of 4,172,000,850,000  versus a total put value of  232,800,000 Combined total value = 4,172,233,650,000

Strike  49700  has a total call value of 4,424,756,100,000  versus a total put value of  174,600,000 Combined total value = 4,424,930,700,000

Strike  49800  has a total call value of 4,680,613,350,000  versus a total put value of  116,400,000 Combined total value = 4,680,729,750,000

Strike  49900  has a total call value of 4,938,124,800,000  versus a total put value of  58,200,000 Combined total value = 4,938,183,000,000

Strike  50000  has a total call value of 5,197,168,950,000  versus a total put value of  0 Combined total value = 5,197,168,950,000

Strike  50100  has a total call value of 5,471,608,950,000  versus a total put value of  0 Combined total value = 5,471,608,950,000

Strike  50200  has a total call value of 5,747,528,400,000  versus a total put value of  0 Combined total value = 5,747,528,400,000

Strike  50300  has a total call value of 6,023,719,500,000  versus a total put value of  0 Combined total value = 6,023,719,500,000

Strike  50400  has a total call value of 6,300,235,350,000  versus a total put value of  0 Combined total value = 6,300,235,350,000

Strike  50500  has a total call value of 6,576,751,200,000  versus a total put value of  0 Combined total value = 6,576,751,200,000

Strike  50600  has a total call value of 6,856,108,950,000  versus a total put value of  0 Combined total value = 6,856,108,950,000

Strike  50700  has a total call value of 7,135,466,700,000  versus a total put value of  0 Combined total value = 7,135,466,700,000

Strike  50800  has a total call value of 7,414,824,450,000  versus a total put value of  0 Combined total value = 7,414,824,450,000

Strike  50900  has a total call value of 7,694,182,200,000  versus a total put value of  0 Combined total value = 7,694,182,200,000

Strike  51000  has a total call value of 7,973,539,950,000  versus a total put value of  0 Combined total value = 7,973,539,950,000

Strike  51100  has a total call value of 8,256,731,250,000  versus a total put value of  0 Combined total value = 8,256,731,250,000

Strike  51200  has a total call value of 8,539,922,550,000  versus a total put value of  0 Combined total value = 8,539,922,550,000

Strike  51300  has a total call value of 8,823,113,850,000  versus a total put value of  0 Combined total value = 8,823,113,850,000

Strike  51400  has a total call value of 9,106,305,150,000  versus a total put value of  0 Combined total value = 9,106,305,150,000

Strike  51500  has a total call value of 9,389,496,450,000  versus a total put value of  0 Combined total value = 9,389,496,450,000

Strike  51600  has a total call value of 9,673,739,100,000  versus a total put value of  0 Combined total value = 9,673,739,100,000

Strike  51700  has a total call value of 9,957,981,750,000  versus a total put value of  0 Combined total value = 9,957,981,750,000

Strike  51800  has a total call value of 10,242,224,400,000  versus a total put value of  0 Combined total value = 10,242,224,400,000

Strike  51900  has a total call value of 10,526,467,050,000  versus a total put value of  0 Combined total value = 10,526,467,050,000

Strike  52000  has a total call value of 10,810,709,700,000  versus a total put value of  0 Combined total value = 10,810,709,700,000

Strike  52100  has a total call value of 11,098,057,800,000  versus a total put value of  0 Combined total value = 11,098,057,800,000

Strike  52200  has a total call value of 11,385,405,900,000  versus a total put value of  0 Combined total value = 11,385,405,900,000

Strike  52300  has a total call value of 11,672,754,000,000  versus a total put value of  0 Combined total value = 11,672,754,000,000

Strike  52400  has a total call value of 11,960,102,100,000  versus a total put value of  0 Combined total value = 11,960,102,100,000

Strike  52500  has a total call value of 12,247,450,200,000  versus a total put value of  0 Combined total value = 12,247,450,200,000

Strike  52600  has a total call value of 12,537,241,500,000  versus a total put value of  0 Combined total value = 12,537,241,500,000

Strike  52700  has a total call value of 12,827,032,800,000  versus a total put value of  0 Combined total value = 12,827,032,800,000

Strike  52800  has a total call value of 13,116,824,100,000  versus a total put value of  0 Combined total value = 13,116,824,100,000

Strike  52900  has a total call value of 13,406,615,400,000  versus a total put value of  0 Combined total value = 13,406,615,400,000

Strike  53000  has a total call value of 13,696,406,700,000  versus a total put value of  0 Combined total value = 13,696,406,700,000

Strike  53100  has a total call value of 13,992,484,200,000  versus a total put value of  0 Combined total value = 13,992,484,200,000

Strike  53200  has a total call value of 14,288,561,700,000  versus a total put value of  0 Combined total value = 14,288,561,700,000

Strike  53300  has a total call value of 14,584,639,200,000  versus a total put value of  0 Combined total value = 14,584,639,200,000

Strike  53500  has a total call value of 15,176,794,200,000  versus a total put value of  0 Combined total value = 15,176,794,200,000

Strike  54000  has a total call value of 16,658,693,700,000  versus a total put value of  0 Combined total value = 16,658,693,700,000

Strike  54500  has a total call value of 18,148,697,700,000  versus a total put value of  0 Combined total value = 18,148,697,700,000

Strike  55000  has a total call value of 19,662,021,450,000  versus a total put value of  0 Combined total value = 19,662,021,450,000

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.