Related Pages for CANBK
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CANBK
CANARA BANK
118.09 -0.27 (-0.23%)

Max pain for CANBK

02 Jul 2024 10:51 AM IST

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Max Pain for CANBK is 120  


Historical data for 120 Call

Ltp (120 CE)
3.45 -0.35
Open Interest
11400750 668250

Historical data for 120 Put

Ltp (120 PE)
4.6 0.10
Open Interest
7769250 47250

Strike  96.8  has a total call value of 0  versus a total put value of  88,744,342,500 Combined total value = 88,744,342,500

Strike  97  has a total call value of 0  versus a total put value of  87,806,362,500 Combined total value = 87,806,362,500

Strike  97.5  has a total call value of 0  versus a total put value of  85,461,412,500 Combined total value = 85,461,412,500

Strike  97.8  has a total call value of 0  versus a total put value of  84,054,442,500 Combined total value = 84,054,442,500

Strike  98  has a total call value of 0  versus a total put value of  83,116,462,500 Combined total value = 83,116,462,500

Strike  98.8  has a total call value of 0  versus a total put value of  79,364,542,500 Combined total value = 79,364,542,500

Strike  99  has a total call value of 0  versus a total put value of  78,426,562,500 Combined total value = 78,426,562,500

Strike  99.8  has a total call value of 0  versus a total put value of  74,674,642,500 Combined total value = 74,674,642,500

Strike  100  has a total call value of 0  versus a total put value of  73,736,662,500 Combined total value = 73,736,662,500

Strike  100.8  has a total call value of 0  versus a total put value of  70,045,222,500 Combined total value = 70,045,222,500

Strike  101  has a total call value of 0  versus a total put value of  69,152,332,500 Combined total value = 69,152,332,500

Strike  101.8  has a total call value of 0  versus a total put value of  65,580,772,500 Combined total value = 65,580,772,500

Strike  102  has a total call value of 0  versus a total put value of  64,687,882,500 Combined total value = 64,687,882,500

Strike  102.5  has a total call value of 0  versus a total put value of  62,455,657,500 Combined total value = 62,455,657,500

Strike  102.8  has a total call value of 0  versus a total put value of  61,116,322,500 Combined total value = 61,116,322,500

Strike  103  has a total call value of 0  versus a total put value of  60,223,432,500 Combined total value = 60,223,432,500

Strike  103.8  has a total call value of 0  versus a total put value of  56,651,872,500 Combined total value = 56,651,872,500

Strike  104  has a total call value of 0  versus a total put value of  55,758,982,500 Combined total value = 55,758,982,500

Strike  104.8  has a total call value of 0  versus a total put value of  52,187,422,500 Combined total value = 52,187,422,500

Strike  105  has a total call value of 0  versus a total put value of  51,295,072,500 Combined total value = 51,295,072,500

Strike  105.8  has a total call value of 0  versus a total put value of  47,780,212,500 Combined total value = 47,780,212,500

Strike  106  has a total call value of 0  versus a total put value of  46,901,497,500 Combined total value = 46,901,497,500

Strike  106.8  has a total call value of 0  versus a total put value of  43,386,637,500 Combined total value = 43,386,637,500

Strike  107  has a total call value of 0  versus a total put value of  42,577,987,500 Combined total value = 42,577,987,500

Strike  107.5  has a total call value of 0  versus a total put value of  40,556,362,500 Combined total value = 40,556,362,500

Strike  107.8  has a total call value of 0  versus a total put value of  39,344,805,000 Combined total value = 39,344,805,000

Strike  108  has a total call value of 0  versus a total put value of  38,543,040,000 Combined total value = 38,543,040,000

Strike  108.8  has a total call value of 0  versus a total put value of  35,335,980,000 Combined total value = 35,335,980,000

Strike  109  has a total call value of 0  versus a total put value of  34,535,835,000 Combined total value = 34,535,835,000

Strike  109.8  has a total call value of 0  versus a total put value of  31,335,255,000 Combined total value = 31,335,255,000

Strike  110  has a total call value of 0  versus a total put value of  30,535,110,000 Combined total value = 30,535,110,000

Strike  110.8  has a total call value of 43,740,000  versus a total put value of  27,669,870,000 Combined total value = 27,713,610,000

Strike  111  has a total call value of 54,675,000  versus a total put value of  26,957,610,000 Combined total value = 27,012,285,000

Strike  111.8  has a total call value of 98,415,000  versus a total put value of  24,108,570,000 Combined total value = 24,206,985,000

Strike  112  has a total call value of 109,350,000  versus a total put value of  23,431,950,000 Combined total value = 23,541,300,000

Strike  112.5  has a total call value of 136,687,500  versus a total put value of  21,770,100,000 Combined total value = 21,906,787,500

Strike  112.8  has a total call value of 153,090,000  versus a total put value of  20,772,990,000 Combined total value = 20,926,080,000

Strike  113  has a total call value of 164,025,000  versus a total put value of  20,112,840,000 Combined total value = 20,276,865,000

Strike  113.8  has a total call value of 207,765,000  versus a total put value of  17,472,240,000 Combined total value = 17,680,005,000

Strike  114  has a total call value of 218,700,000  versus a total put value of  16,815,195,000 Combined total value = 17,033,895,000

Strike  114.8  has a total call value of 262,440,000  versus a total put value of  14,203,755,000 Combined total value = 14,466,195,000

Strike  115  has a total call value of 273,375,000  versus a total put value of  13,550,895,000 Combined total value = 13,824,270,000

Strike  115.8  has a total call value of 439,155,000  versus a total put value of  11,522,655,000 Combined total value = 11,961,810,000

Strike  116  has a total call value of 480,600,000  versus a total put value of  11,035,440,000 Combined total value = 11,516,040,000

Strike  116.8  has a total call value of 681,480,000  versus a total put value of  9,236,160,000 Combined total value = 9,917,640,000

Strike  117  has a total call value of 765,315,000  versus a total put value of  8,832,375,000 Combined total value = 9,597,690,000

Strike  117.5  has a total call value of 1,019,452,500  versus a total put value of  7,859,362,500 Combined total value = 8,878,815,000

Strike  117.8  has a total call value of 1,173,352,500  versus a total put value of  7,279,605,000 Combined total value = 8,452,957,500

Strike  118  has a total call value of 1,277,707,500  versus a total put value of  6,899,175,000 Combined total value = 8,176,882,500

Strike  118.8  has a total call value of 1,870,087,500  versus a total put value of  5,477,355,000 Combined total value = 7,347,442,500

Strike  119  has a total call value of 2,030,602,500  versus a total put value of  5,131,755,000 Combined total value = 7,162,357,500

Strike  119.8  has a total call value of 2,802,262,500  versus a total put value of  3,789,315,000 Combined total value = 6,591,577,500

Strike  120  has a total call value of 3,008,272,500  versus a total put value of  3,463,155,000 Combined total value = 6,471,427,500

Strike  120.8  has a total call value of 4,744,372,500  versus a total put value of  2,780,055,000 Combined total value = 7,524,427,500

Strike  121  has a total call value of 5,205,667,500  versus a total put value of  2,656,800,000 Combined total value = 7,862,467,500

Strike  121.8  has a total call value of 7,189,087,500  versus a total put value of  2,239,920,000 Combined total value = 9,429,007,500

Strike  122  has a total call value of 7,701,142,500  versus a total put value of  2,135,700,000 Combined total value = 9,836,842,500

Strike  122.5  has a total call value of 9,142,267,500  versus a total put value of  1,940,625,000 Combined total value = 11,082,892,500

Strike  122.8  has a total call value of 10,012,207,500  versus a total put value of  1,823,580,000 Combined total value = 11,835,787,500

Strike  123  has a total call value of 10,599,052,500  versus a total put value of  1,745,550,000 Combined total value = 12,344,602,500

Strike  123.8  has a total call value of 13,040,932,500  versus a total put value of  1,433,430,000 Combined total value = 14,474,362,500

Strike  124  has a total call value of 13,653,292,500  versus a total put value of  1,355,400,000 Combined total value = 15,008,692,500

Strike  124.8  has a total call value of 16,169,152,500  versus a total put value of  1,043,280,000 Combined total value = 17,212,432,500

Strike  125  has a total call value of 16,801,627,500  versus a total put value of  965,250,000 Combined total value = 17,766,877,500

Strike  125.8  has a total call value of 20,180,407,500  versus a total put value of  810,810,000 Combined total value = 20,991,217,500

Strike  126  has a total call value of 21,041,302,500  versus a total put value of  772,200,000 Combined total value = 21,813,502,500

Strike  126.8  has a total call value of 24,526,462,500  versus a total put value of  617,760,000 Combined total value = 25,144,222,500

Strike  127  has a total call value of 25,448,512,500  versus a total put value of  579,150,000 Combined total value = 26,027,662,500

Strike  127.5  has a total call value of 27,773,887,500  versus a total put value of  482,625,000 Combined total value = 28,256,512,500

Strike  127.8  has a total call value of 29,173,770,000  versus a total put value of  424,710,000 Combined total value = 29,598,480,000

Strike  128  has a total call value of 30,107,025,000  versus a total put value of  386,100,000 Combined total value = 30,493,125,000

Strike  128.8  has a total call value of 33,880,005,000  versus a total put value of  231,660,000 Combined total value = 34,111,665,000

Strike  129  has a total call value of 34,823,250,000  versus a total put value of  193,050,000 Combined total value = 35,016,300,000

Strike  129.8  has a total call value of 38,616,750,000  versus a total put value of  38,610,000 Combined total value = 38,655,360,000

Strike  130  has a total call value of 39,565,125,000  versus a total put value of  0 Combined total value = 39,565,125,000

Strike  130.8  has a total call value of 44,231,805,000  versus a total put value of  0 Combined total value = 44,231,805,000

Strike  131  has a total call value of 45,403,605,000  versus a total put value of  0 Combined total value = 45,403,605,000

Strike  131.8  has a total call value of 50,090,805,000  versus a total put value of  0 Combined total value = 50,090,805,000

Strike  132  has a total call value of 51,270,840,000  versus a total put value of  0 Combined total value = 51,270,840,000

Strike  132.5  has a total call value of 54,311,715,000  versus a total put value of  0 Combined total value = 54,311,715,000

Strike  132.8  has a total call value of 56,136,240,000  versus a total put value of  0 Combined total value = 56,136,240,000

Strike  133  has a total call value of 57,356,100,000  versus a total put value of  0 Combined total value = 57,356,100,000

Strike  133.8  has a total call value of 62,235,540,000  versus a total put value of  0 Combined total value = 62,235,540,000

Strike  134  has a total call value of 63,455,400,000  versus a total put value of  0 Combined total value = 63,455,400,000

Strike  134.8  has a total call value of 68,334,840,000  versus a total put value of  0 Combined total value = 68,334,840,000

Strike  135  has a total call value of 69,554,700,000  versus a total put value of  0 Combined total value = 69,554,700,000

Strike  135.8  has a total call value of 74,572,380,000  versus a total put value of  0 Combined total value = 74,572,380,000

Strike  136  has a total call value of 75,843,000,000  versus a total put value of  0 Combined total value = 75,843,000,000

Strike  136.8  has a total call value of 80,951,400,000  versus a total put value of  0 Combined total value = 80,951,400,000

Strike  137  has a total call value of 82,321,515,000  versus a total put value of  0 Combined total value = 82,321,515,000

Strike  137.5  has a total call value of 85,746,802,500  versus a total put value of  0 Combined total value = 85,746,802,500

Strike  137.8  has a total call value of 87,801,975,000  versus a total put value of  0 Combined total value = 87,801,975,000

Strike  138  has a total call value of 89,172,090,000  versus a total put value of  0 Combined total value = 89,172,090,000

Strike  138.8  has a total call value of 94,652,550,000  versus a total put value of  0 Combined total value = 94,652,550,000

Strike  139  has a total call value of 96,022,665,000  versus a total put value of  0 Combined total value = 96,022,665,000

Strike  140  has a total call value of 102,873,240,000  versus a total put value of  0 Combined total value = 102,873,240,000

Strike  140.8  has a total call value of 108,525,960,000  versus a total put value of  0 Combined total value = 108,525,960,000

All Max-Pain Table

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BANKEX

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BANKNIFTY

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FINNIFTY

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MIDCPNIFTY

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NIFTY

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NIFTYNXT50

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SENSEX

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Commodity

COPPER

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CRUDEOIL

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CRUDEOILM

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GOLD

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GOLDM

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NATGASMINI

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NATURALGAS

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SILVER

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SILVERM

( SILVER MINI )

ZINC

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A

AARTI INDUSTRIES LTD

( AARTIIND )

ABB INDIA LIMITED

( ABB )

ABBOTT INDIA LIMITED

( ABBOTINDIA )

ADITYA BIRLA CAPITAL LTD.

( ABCAPITAL )

ADITYA BIRLA FASHION & RT

( ABFRL )

ACC LIMITED

( ACC )

ADANI ENTERPRISES LIMITED

( ADANIENT )

ADANI PORT & SEZ LTD

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ALKEM LABORATORIES LTD.

( ALKEM )

AMBUJA CEMENTS LTD

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APOLLO HOSPITALS ENTER. L

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APOLLO TYRES LTD

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ASHOK LEYLAND LTD

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ASIAN PAINTS LIMITED

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ASTRAL LIMITED

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ATUL LTD

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AU SMALL FINANCE BANK LTD

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AUROBINDO PHARMA LTD

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AXIS BANK LIMITED

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B

BAJAJ AUTO LIMITED

( BAJAJ-AUTO )

BAJAJ FINSERV LTD.

( BAJAJFINSV )

BAJAJ FINANCE LIMITED

( BAJFINANCE )

BALKRISHNA IND. LTD

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BALRAMPUR CHINI MILLS LTD

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BANDHAN BANK LIMITED

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BANK OF BARODA

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BANK INDEX

( BANKEX )

NIFTY BANK

( BANKNIFTY )

BATA INDIA LTD

( BATAINDIA )

BHARAT ELECTRONICS LTD

( BEL )

BERGER PAINTS (I) LTD

( BERGEPAINT )

BHARAT FORGE LTD

( BHARATFORG )

BHARTI AIRTEL LIMITED

( BHARTIARTL )

BHEL

( BHEL )

BIOCON LIMITED.

( BIOCON )

BOSCH LIMITED

( BOSCHLTD )

BHARAT PETROLEUM CORP LT

( BPCL )

BRITANNIA INDUSTRIES LTD

( BRITANNIA )

BIRLASOFT LIMITED

( BSOFT )

C

CANARA BANK

( CANBK )

CAN FIN HOMES LTD

( CANFINHOME )

CHAMBAL FERTILIZERS LTD

( CHAMBLFERT )

CHOLAMANDALAM IN & FIN CO

( CHOLAFIN )

CIPLA LTD

( CIPLA )

COAL INDIA LTD

( COALINDIA )

COFORGE LIMITED

( COFORGE )

COLGATE PALMOLIVE LTD.

( COLPAL )

CONTAINER CORP OF IND LTD

( CONCOR )

COPPER

( COPPER )

COROMANDEL INTERNTL. LTD

( COROMANDEL )

CROMPT GREA CON ELEC LTD

( CROMPTON )

CRUDE OIL

( CRUDEOIL )

CRUDE OIL MINI

( CRUDEOILM )

CITY UNION BANK LTD

( CUB )

CUMMINS INDIA LTD

( CUMMINSIND )

D

DABUR INDIA LTD

( DABUR )

DALMIA BHARAT LIMITED

( DALBHARAT )

DEEPAK NITRITE LTD

( DEEPAKNTR )

DIVI S LABORATORIES LTD

( DIVISLAB )

DIXON TECHNO (INDIA) LTD

( DIXON )

DLF LIMITED

( DLF )

DR. REDDY S LABORATORIES

( DRREDDY )

E

EICHER MOTORS LTD

( EICHERMOT )

ESCORTS KUBOTA LIMITED

( ESCORTS )

EXIDE INDUSTRIES LTD

( EXIDEIND )

F

FEDERAL BANK LTD

( FEDERALBNK )

NIFTY FINANCIAL SERVICES

( FINNIFTY )

G

GAIL (INDIA) LTD

( GAIL )

GLENMARK PHARMACEUTICALS

( GLENMARK )

GMR AIRPORTS INFRA LTD

( GMRINFRA )

GUJ NAR VAL FER & CHEM L

( GNFC )

GODREJ CONSUMER PRODUCTS

( GODREJCP )

GODREJ PROPERTIES LTD

( GODREJPROP )

GOLD

( GOLD )

GOLD MINI

( GOLDM )

GRANULES INDIA LIMITED

( GRANULES )

GRASIM INDUSTRIES LTD

( GRASIM )

GUJARAT GAS LIMITED

( GUJGASLTD )

H

HINDUSTAN AERONAUTICS LTD

( HAL )

HAVELLS INDIA LIMITED

( HAVELLS )

HCL TECHNOLOGIES LTD

( HCLTECH )

HDFC AMC LIMITED

( HDFCAMC )

HDFC BANK LTD

( HDFCBANK )

HDFC LIFE INS CO LTD

( HDFCLIFE )

HERO MOTOCORP LIMITED

( HEROMOTOCO )

HINDALCO INDUSTRIES LTD

( HINDALCO )

HINDUSTAN COPPER LTD

( HINDCOPPER )

HINDUSTAN PETROLEUM CORP

( HINDPETRO )

HINDUSTAN UNILEVER LTD.

( HINDUNILVR )

I

ICICI BANK LTD.

( ICICIBANK )

ICICI LOMBARD GIC LIMITED

( ICICIGI )

ICICI PRU LIFE INS CO LTD

( ICICIPRULI )

VODAFONE IDEA LIMITED

( IDEA )

IDFC LIMITED

( IDFC )

IDFC FIRST BANK LIMITED

( IDFCFIRSTB )

INDIAN ENERGY EXC LTD

( IEX )

INDRAPRASTHA GAS LTD

( IGL )

THE INDIAN HOTELS CO. LTD

( INDHOTEL )

THE INDIA CEMENTS LIMITED

( INDIACEM )

INDIAMART INTERMESH LTD

( INDIAMART )

INTERGLOBE AVIATION LTD

( INDIGO )

INDUSIND BANK LIMITED

( INDUSINDBK )

INDUS TOWERS LIMITED

( INDUSTOWER )

INFOSYS LIMITED

( INFY )

INDIAN OIL CORP LTD

( IOC )

IPCA LABORATORIES LTD

( IPCALAB )

INDIAN RAIL TOUR CORP LTD

( IRCTC )

ITC LTD

( ITC )

J

JINDAL STEEL & POWER LTD

( JINDALSTEL )

JK CEMENT LIMITED

( JKCEMENT )

JSW STEEL LIMITED

( JSWSTEEL )

JUBILANT FOODWORKS LTD

( JUBLFOOD )

K

KOTAK MAHINDRA BANK LTD

( KOTAKBANK )

L

DR. LAL PATH LABS LTD.

( LALPATHLAB )

LAURUS LABS LIMITED

( LAURUSLABS )

LIC HOUSING FINANCE LTD

( LICHSGFIN )

LARSEN & TOUBRO LTD.

( LT )

L&T FINANCE LIMITED

( LTF )

LTIMINDTREE LIMITED

( LTIM )

L&T TECHNOLOGY SER. LTD.

( LTTS )

LUPIN LIMITED

( LUPIN )

M

MAHINDRA & MAHINDRA LTD

( M&M )

M&M FIN. SERVICES LTD

( M&MFIN )

MANAPPURAM FINANCE LTD

( MANAPPURAM )

MARICO LIMITED

( MARICO )

MARUTI SUZUKI INDIA LTD.

( MARUTI )

MULTI COMMODITY EXCHANGE

( MCX )

METROPOLIS HEALTHCARE LTD

( METROPOLIS )

MAX FINANCIAL SERV LTD

( MFSL )

MAHANAGAR GAS LTD.

( MGL )

NIFTY MIDCAP SELECT

( MIDCPNIFTY )

SAMVRDHNA MTHRSN INTL LTD

( MOTHERSON )

MPHASIS LIMITED

( MPHASIS )

MRF LTD

( MRF )

MUTHOOT FINANCE LIMITED

( MUTHOOTFIN )

N

NATURAL GAS MINI

( NATGASMINI )

NATIONAL ALUMINIUM CO LTD

( NATIONALUM )

NATURAL GAS

( NATURALGAS )

INFO EDGE (I) LTD

( NAUKRI )

NAVIN FLUORINE INT. LTD

( NAVINFLUOR )

NESTLE INDIA LIMITED

( NESTLEIND )

NIFTY

( NIFTY )

NIFTY NEXT 50

( NIFTYNXT50 )

NMDC LTD.

( NMDC )

NTPC LTD

( NTPC )

O

OBEROI REALTY LIMITED

( OBEROIRLTY )

ORACLE FIN SERV SOFT LTD.

( OFSS )

OIL AND NATURAL GAS CORP.

( ONGC )

P

PAGE INDUSTRIES LTD

( PAGEIND )

PIRAMAL ENTERPRISES LTD

( PEL )

PERSISTENT SYSTEMS LTD

( PERSISTENT )

PETRONET LNG LIMITED

( PETRONET )

POWER FIN CORP LTD.

( PFC )

PIDILITE INDUSTRIES LTD

( PIDILITIND )

PI INDUSTRIES LTD

( PIIND )

PUNJAB NATIONAL BANK

( PNB )

POLYCAB INDIA LIMITED

( POLYCAB )

POWER GRID CORP. LTD.

( POWERGRID )

PVR INOX LIMITED

( PVRINOX )

R

THE RAMCO CEMENTS LIMITED

( RAMCOCEM )

RBL BANK LIMITED

( RBLBANK )

REC LIMITED

( RECLTD )

RELIANCE INDUSTRIES LTD

( RELIANCE )

S

STEEL AUTHORITY OF INDIA

( SAIL )

SBI CARDS & PAY SER LTD

( SBICARD )

SBI LIFE INSURANCE CO LTD

( SBILIFE )

STATE BANK OF INDIA

( SBIN )

SENSEX

( SENSEX )

SHREE CEMENT LIMITED

( SHREECEM )

SHRIRAM FINANCE LIMITED

( SHRIRAMFIN )

SIEMENS LTD

( SIEMENS )

SILVER

( SILVER )

SILVER MINI

( SILVERM )

SRF LTD

( SRF )

SUN PHARMACEUTICAL IND L

( SUNPHARMA )

SUN TV NETWORK LIMITED

( SUNTV )

SYNGENE INTERNATIONAL LTD

( SYNGENE )

T

TATA CHEMICALS LTD

( TATACHEM )

TATA COMMUNICATIONS LTD

( TATACOMM )

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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:
  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.