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CANBK
CANARA BANK

550.3 -2.74 (-0.50%)


Strike  450  has a total call value of 0  versus a total put value of  171,926,550,000 Combined total value = 171,926,550,000

Strike  455  has a total call value of 0  versus a total put value of  162,904,500,000 Combined total value = 162,904,500,000

Strike  460  has a total call value of 0  versus a total put value of  153,882,450,000 Combined total value = 153,882,450,000

Strike  465  has a total call value of 0  versus a total put value of  144,860,400,000 Combined total value = 144,860,400,000

Strike  470  has a total call value of 0  versus a total put value of  135,838,350,000 Combined total value = 135,838,350,000

Strike  475  has a total call value of 0  versus a total put value of  126,877,050,000 Combined total value = 126,877,050,000

Strike  480  has a total call value of 0  versus a total put value of  117,915,750,000 Combined total value = 117,915,750,000

Strike  485  has a total call value of 0  versus a total put value of  109,155,600,000 Combined total value = 109,155,600,000

Strike  490  has a total call value of 0  versus a total put value of  100,426,500,000 Combined total value = 100,426,500,000

Strike  495  has a total call value of 0  versus a total put value of  91,821,600,000 Combined total value = 91,821,600,000

Strike  500  has a total call value of 0  versus a total put value of  83,235,600,000 Combined total value = 83,235,600,000

Strike  505  has a total call value of 221,400,000  versus a total put value of  75,560,850,000 Combined total value = 75,782,250,000

Strike  510  has a total call value of 442,800,000  versus a total put value of  67,995,450,000 Combined total value = 68,438,250,000

Strike  515  has a total call value of 785,700,000  versus a total put value of  60,671,700,000 Combined total value = 61,457,400,000

Strike  520  has a total call value of 1,128,600,000  versus a total put value of  53,480,250,000 Combined total value = 54,608,850,000

Strike  525  has a total call value of 1,713,150,000  versus a total put value of  46,990,800,000 Combined total value = 48,703,950,000

Strike  530  has a total call value of 2,297,700,000  versus a total put value of  40,672,800,000 Combined total value = 42,970,500,000

Strike  535  has a total call value of 3,040,200,000  versus a total put value of  35,176,950,000 Combined total value = 38,217,150,000

Strike  540  has a total call value of 3,877,200,000  versus a total put value of  29,829,600,000 Combined total value = 33,706,800,000

Strike  545  has a total call value of 4,981,500,000  versus a total put value of  25,317,900,000 Combined total value = 30,299,400,000

Strike  550  has a total call value of 6,250,500,000  versus a total put value of  20,979,000,000 Combined total value = 27,229,500,000

Strike  555  has a total call value of 8,876,250,000  versus a total put value of  17,699,850,000 Combined total value = 26,576,100,000

Strike  560  has a total call value of 11,877,300,000  versus a total put value of  14,567,850,000 Combined total value = 26,445,150,000

Strike  565  has a total call value of 16,112,250,000  versus a total put value of  11,939,400,000 Combined total value = 28,051,650,000

Strike  570  has a total call value of 20,628,000,000  versus a total put value of  9,423,000,000 Combined total value = 30,051,000,000

Strike  575  has a total call value of 26,179,200,000  versus a total put value of  7,393,950,000 Combined total value = 33,573,150,000

Strike  580  has a total call value of 32,104,350,000  versus a total put value of  5,532,300,000 Combined total value = 37,636,650,000

Strike  585  has a total call value of 39,259,350,000  versus a total put value of  4,105,350,000 Combined total value = 43,364,700,000

Strike  590  has a total call value of 46,704,600,000  versus a total put value of  2,790,450,000 Combined total value = 49,495,050,000

Strike  595  has a total call value of 55,077,300,000  versus a total put value of  1,845,450,000 Combined total value = 56,922,750,000

Strike  600  has a total call value of 63,850,950,000  versus a total put value of  969,300,000 Combined total value = 64,820,250,000

Strike  605  has a total call value of 75,365,100,000  versus a total put value of  614,250,000 Combined total value = 75,979,350,000

Strike  610  has a total call value of 87,249,150,000  versus a total put value of  259,200,000 Combined total value = 87,508,350,000

Strike  615  has a total call value of 99,976,950,000  versus a total put value of  129,600,000 Combined total value = 100,106,550,000

Strike  620  has a total call value of 113,026,050,000  versus a total put value of  0 Combined total value = 113,026,050,000

Strike  625  has a total call value of 126,777,150,000  versus a total put value of  0 Combined total value = 126,777,150,000

Strike  630  has a total call value of 140,691,600,000  versus a total put value of  0 Combined total value = 140,691,600,000

Strike  635  has a total call value of 155,175,750,000  versus a total put value of  0 Combined total value = 155,175,750,000

Strike  640  has a total call value of 169,727,400,000  versus a total put value of  0 Combined total value = 169,727,400,000

Strike  645  has a total call value of 184,590,900,000  versus a total put value of  0 Combined total value = 184,590,900,000

Strike  650  has a total call value of 199,454,400,000  versus a total put value of  0 Combined total value = 199,454,400,000

Strike  655  has a total call value of 215,028,000,000  versus a total put value of  0 Combined total value = 215,028,000,000

Strike  660  has a total call value of 230,601,600,000  versus a total put value of  0 Combined total value = 230,601,600,000

Strike  665  has a total call value of 246,777,300,000  versus a total put value of  0 Combined total value = 246,777,300,000

Strike  670  has a total call value of 262,953,000,000  versus a total put value of  0 Combined total value = 262,953,000,000

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.