CANBK
Canara Bank
Max pain for CANBK
13 Mar 2025 04:10 PM IST
Max Pain for CANBK is 85
Strike 64 has a total call value of 0 versus a total put value of 168,801,300,000 Combined total value = 168,801,300,000
Strike 65 has a total call value of 44,550,000 versus a total put value of 160,753,275,000 Combined total value = 160,797,825,000
Strike 66 has a total call value of 89,100,000 versus a total put value of 152,705,250,000 Combined total value = 152,794,350,000
Strike 67 has a total call value of 133,650,000 versus a total put value of 144,657,225,000 Combined total value = 144,790,875,000
Strike 68 has a total call value of 178,200,000 versus a total put value of 136,609,200,000 Combined total value = 136,787,400,000
Strike 69 has a total call value of 222,750,000 versus a total put value of 128,665,800,000 Combined total value = 128,888,550,000
Strike 70 has a total call value of 267,300,000 versus a total put value of 120,722,400,000 Combined total value = 120,989,700,000
Strike 71 has a total call value of 357,075,000 versus a total put value of 112,928,850,000 Combined total value = 113,285,925,000
Strike 72 has a total call value of 446,850,000 versus a total put value of 105,135,300,000 Combined total value = 105,582,150,000
Strike 73 has a total call value of 536,625,000 versus a total put value of 97,439,625,000 Combined total value = 97,976,250,000
Strike 74 has a total call value of 626,400,000 versus a total put value of 89,802,000,000 Combined total value = 90,428,400,000
Strike 75 has a total call value of 724,950,000 versus a total put value of 82,238,625,000 Combined total value = 82,963,575,000
Strike 76 has a total call value of 919,350,000 versus a total put value of 75,134,250,000 Combined total value = 76,053,600,000
Strike 77 has a total call value of 1,139,400,000 versus a total put value of 68,128,425,000 Combined total value = 69,267,825,000
Strike 78 has a total call value of 1,388,475,000 versus a total put value of 61,271,775,000 Combined total value = 62,660,250,000
Strike 79 has a total call value of 1,692,900,000 versus a total put value of 54,811,350,000 Combined total value = 56,504,250,000
Strike 80 has a total call value of 2,042,550,000 versus a total put value of 48,509,550,000 Combined total value = 50,552,100,000
Strike 81 has a total call value of 3,173,175,000 versus a total put value of 43,264,800,000 Combined total value = 46,437,975,000
Strike 82 has a total call value of 4,415,850,000 versus a total put value of 38,335,275,000 Combined total value = 42,751,125,000
Strike 83 has a total call value of 6,048,675,000 versus a total put value of 33,943,725,000 Combined total value = 39,992,400,000
Strike 84 has a total call value of 8,144,550,000 versus a total put value of 29,957,175,000 Combined total value = 38,101,725,000
Strike 85 has a total call value of 10,811,475,000 versus a total put value of 26,270,325,000 Combined total value = 37,081,800,000
Strike 86 has a total call value of 15,140,925,000 versus a total put value of 23,163,975,000 Combined total value = 38,304,900,000
Strike 87 has a total call value of 19,881,450,000 versus a total put value of 20,291,850,000 Combined total value = 40,173,300,000
Strike 88 has a total call value of 25,321,275,000 versus a total put value of 17,604,675,000 Combined total value = 42,925,950,000
Strike 89 has a total call value of 31,165,425,000 versus a total put value of 15,117,300,000 Combined total value = 46,282,725,000
Strike 90 has a total call value of 37,197,225,000 versus a total put value of 12,797,325,000 Combined total value = 49,994,550,000
Strike 91 has a total call value of 45,135,225,000 versus a total put value of 11,269,125,000 Combined total value = 56,404,350,000
Strike 92 has a total call value of 53,247,375,000 versus a total put value of 9,740,925,000 Combined total value = 62,988,300,000
Strike 93 has a total call value of 61,597,125,000 versus a total put value of 8,212,725,000 Combined total value = 69,809,850,000
Strike 94 has a total call value of 70,124,400,000 versus a total put value of 6,684,525,000 Combined total value = 76,808,925,000
Strike 95 has a total call value of 78,804,225,000 versus a total put value of 5,156,325,000 Combined total value = 83,960,550,000
Strike 96 has a total call value of 88,533,000,000 versus a total put value of 4,330,125,000 Combined total value = 92,863,125,000
Strike 97 has a total call value of 98,261,775,000 versus a total put value of 3,503,925,000 Combined total value = 101,765,700,000
Strike 98 has a total call value of 107,990,550,000 versus a total put value of 2,677,725,000 Combined total value = 110,668,275,000
Strike 99 has a total call value of 117,801,000,000 versus a total put value of 1,851,525,000 Combined total value = 119,652,525,000
Strike 100 has a total call value of 127,629,000,000 versus a total put value of 1,025,325,000 Combined total value = 128,654,325,000
Strike 101 has a total call value of 138,814,425,000 versus a total put value of 822,150,000 Combined total value = 139,636,575,000
Strike 102 has a total call value of 149,999,850,000 versus a total put value of 618,975,000 Combined total value = 150,618,825,000
Strike 103 has a total call value of 161,224,425,000 versus a total put value of 415,800,000 Combined total value = 161,640,225,000
Strike 104 has a total call value of 172,465,875,000 versus a total put value of 212,625,000 Combined total value = 172,678,500,000
Strike 105 has a total call value of 183,707,325,000 versus a total put value of 9,450,000 Combined total value = 183,716,775,000
Strike 106 has a total call value of 194,948,775,000 versus a total put value of 4,725,000 Combined total value = 194,953,500,000
Strike 107 has a total call value of 206,190,225,000 versus a total put value of 0 Combined total value = 206,190,225,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 382.75 | 400 |
ABB | 5118.55 | 5200 |
ABCAPITAL | 162.19 | 162.5 |
ABFRL | 240.05 | 250 |
ACC | 1854 | 1860 |
ADANIENSOL | 783.2 | 760 |
ADANIENT | 2221.1 | 2380 |
ADANIGREEN | 873.65 | 840 |
ADANIPORTS | 1119.2 | 1120 |
ALKEM | 4706.95 | 4700 |
AMBUJACEM | 485.8 | 485 |
ANGELONE | 1953.5 | 2000 |
APLAPOLLO | 1372.8 | 1400 |
APOLLOHOSP | 6105.65 | 6150 |
APOLLOTYRE | 400.95 | 400 |
ASHOKLEY | 196.63 | 205 |
ASIANPAINT | 2231.3 | 2260 |
ASTRAL | 1238.3 | 1300 |
ATGL | 604.35 | 580 |
AUBANK | 502.85 | 530 |
AUROPHARMA | 1094.75 | 1100 |
AXISBANK | 1010.2 | 1020 |
BAJAJ-AUTO | 7504.7 | 7600 |
BAJAJFINSV | 1807.45 | 1820 |
BAJFINANCE | 8420.45 | 8400 |
BALKRISIND | 2499.05 | 2520 |
BANDHANBNK | 139.84 | 145 |
BANKBARODA | 205.52 | 210 |
BANKINDIA | 94.12 | 96 |
BEL | 280.07 | 275 |
BERGEPAINT | 488.2 | 490 |
BHARATFORG | 1039.25 | 1040 |
BHARTIARTL | 1632.5 | 1640 |
BHEL | 193.33 | 200 |
BIOCON | 323.05 | 320 |
BOSCHLTD | 26378.35 | 27000 |
BPCL | 264.41 | 260 |
BRITANNIA | 4728.25 | 4750 |
BSE | 3926.25 | 4300 |
BSOFT | 385.75 | 400 |
CAMS | 3410.1 | 3400 |
CANBK | 82.9 | 85 |
CDSL | 1071 | 1100 |
CESC | 138.67 | 135 |
CGPOWER | 599.1 | 600 |
CHAMBLFERT | 556.55 | 560 |
CHOLAFIN | 1444.7 | 1420 |
CIPLA | 1461.9 | 1440 |
COALINDIA | 378.3 | 380 |
COFORGE | 7292.25 | 7500 |
COLPAL | 2411.7 | 2480 |
CONCOR | 640.25 | 670 |
CROMPTON | 344.25 | 350 |
CUMMINSIND | 2835.25 | 2850 |
CYIENT | 1192.35 | 1240 |
DABUR | 500.95 | 500 |
DALBHARAT | 1607.1 | 1680 |
DEEPAKNTR | 1948.6 | 1900 |
DELHIVERY | 241.76 | 250 |
DIVISLAB | 5620.45 | 5650 |
DIXON | 13324.05 | 13500 |
DLF | 658.1 | 660 |
DMART | 3797.1 | 3750 |
DRREDDY | 1107.95 | 1120 |
EICHERMOT | 5015.25 | 5000 |
ESCORTS | 2908.5 | 3000 |
EXIDEIND | 333 | 350 |
FEDERALBNK | 176.6 | 180 |
GAIL | 157.96 | 160 |
GLENMARK | 1405.15 | 1380 |
GMRAIRPORT | 74.33 | 72 |
GODREJCP | 1025.8 | 1030 |
GODREJPROP | 1969.1 | 2000 |
GRANULES | 470.65 | 490 |
GRASIM | 2370.2 | 2400 |
HAL | 3396.15 | 3450 |
HAVELLS | 1458.65 | 1460 |
HCLTECH | 1534.75 | 1560 |
HDFCAMC | 3725.1 | 3750 |
HDFCBANK | 1706.6 | 1720 |
HDFCLIFE | 622.4 | 620 |
HEROMOTOCO | 3529.15 | 3650 |
HFCL | 77.55 | 82.5 |
HINDALCO | 677.35 | 660 |
HINDCOPPER | 215.8 | 225 |
HINDPETRO | 323.7 | 325 |
HINDUNILVR | 2174.8 | 2220 |
HUDCO | 180.76 | 180 |
ICICIBANK | 1250.05 | 1250 |
ICICIGI | 1678.75 | 1680 |
ICICIPRULI | 536.6 | 550 |
IDEA | 6.95 | 8 |
IDFCFIRSTB | 53.48 | 57 |
IEX | 153.56 | 160 |
IGL | 184.88 | 190 |
IIFL | 313.25 | 310 |
INDHOTEL | 750.45 | 750 |
INDIANB | 490.4 | 500 |
INDIGO | 4700.85 | 4600 |
INDUSINDBK | 672.35 | 750 |
INDUSTOWER | 327 | 330 |
INFY | 1579.85 | 1600 |
IOC | 125.67 | 125 |
IRB | 42.8 | 45 |
IRCTC | 689.05 | 700 |
IREDA | 139.85 | 140 |
IRFC | 117.69 | 117.5 |
ITC | 412.05 | 410 |
JINDALSTEL | 889.7 | 900 |
JIOFIN | 222.6 | 220 |
JKCEMENT | 4271.3 | 4400 |
JSL | 632.3 | 640 |
JSWENERGY | 514.1 | 500 |
JSWSTEEL | 1001.2 | 1000 |
JUBLFOOD | 596.35 | 610 |
KALYANKJIL | 430.9 | 420 |
KEI | 3053.95 | 3000 |
KOTAKBANK | 1985.1 | 1960 |
KPITTECH | 1206.45 | 1260 |
LAURUSLABS | 574.05 | 560 |
LICHSGFIN | 515.6 | 520 |
LICI | 740.15 | 760 |
LODHA | 1055.25 | 1100 |
LT | 3187.3 | 3250 |
LTF | 138.64 | 140 |
LTIM | 4467.05 | 4700 |
LTTS | 4378.2 | 4500 |
LUPIN | 1968.45 | 1980 |
M&M | 2643.5 | 2700 |
M&MFIN | 271.35 | 275 |
MANAPPURAM | 208.14 | 200 |
MARICO | 606.3 | 610 |
MARUTI | 11513.8 | 11700 |
MAXHEALTH | 990.7 | 1000 |
MCX | 4808.45 | 4900 |
MFSL | 1052.55 | 1040 |
MGL | 1285.95 | 1300 |
MOTHERSON | 121.76 | 125 |
MPHASIS | 2205.15 | 2250 |
MRF | 105041.6 | 105000 |
MUTHOOTFIN | 2196.35 | 2180 |
NATIONALUM | 187.87 | 190 |
NAUKRI | 6382.55 | 6700 |
NBCC | 77.89 | 80 |
NCC | 185.86 | 185 |
NESTLEIND | 2191.95 | 2220 |
NHPC | 77.57 | 77 |
NMDC | 63.8 | 65 |
NTPC | 331.9 | 325 |
NYKAA | 164.56 | 165 |
OBEROIRLTY | 1533.5 | 1560 |
OFSS | 7328 | 7500 |
OIL | 375.5 | 370 |
ONGC | 225.43 | 227.5 |
PAGEIND | 40099.25 | 40000 |
PATANJALI | 1718.6 | 1700 |
PAYTM | 682.85 | 700 |
PEL | 885.95 | 920 |
PERSISTENT | 5125.75 | 5200 |
PETRONET | 281 | 290 |
PFC | 388.35 | 390 |
PHOENIXLTD | 1564.5 | 1600 |
PIDILITIND | 2729.9 | 2740 |
PIIND | 3297.3 | 3200 |
PNB | 87.2 | 90 |
POLICYBZR | 1331.9 | 1400 |
POLYCAB | 5003.1 | 5000 |
POONAWALLA | 281.35 | 280 |
POWERGRID | 267.65 | 265 |
PRESTIGE | 1129.6 | 1150 |
RAMCOCEM | 801.55 | 820 |
RBLBANK | 156.32 | 160 |
RECLTD | 406.65 | 400 |
RELIANCE | 1247.9 | 1240 |
SAIL | 105.89 | 110 |
SBICARD | 829.85 | 840 |
SBILIFE | 1385.55 | 1420 |
SBIN | 727.85 | 730 |
SHREECEM | 27495.15 | 27750 |
SHRIRAMFIN | 619.55 | 620 |
SIEMENS | 4927.9 | 5000 |
SJVN | 85.42 | 85 |
SOLARINDS | 10097.15 | 9800 |
SONACOMS | 485.8 | 500 |
SRF | 2951.8 | 2860 |
SUNPHARMA | 1683.45 | 1640 |
SUPREMEIND | 3343.75 | 3400 |
SYNGENE | 666.2 | 680 |
TATACHEM | 796.1 | 820 |
TATACOMM | 1503.95 | 1460 |
TATACONSUM | 946.1 | 960 |
TATAELXSI | 5236.75 | 5400 |
TATAMOTORS | 655.5 | 650 |
TATAPOWER | 350.75 | 360 |
TATASTEEL | 150.88 | 150 |
TATATECH | 636.8 | 650 |
TCS | 3511.05 | 3600 |
TECHM | 1440.65 | 1480 |
TIINDIA | 2926.55 | 2800 |
TITAGARH | 694.3 | 700 |
TITAN | 3010.15 | 3100 |
TORNTPHARM | 3056.05 | 3000 |
TORNTPOWER | 1291.2 | 1340 |
TRENT | 5022.4 | 5000 |
TVSMOTOR | 2250.9 | 2300 |
ULTRACEMCO | 10452.1 | 10400 |
UNIONBANK | 113.7 | 115 |
UNITDSPR | 1353.7 | 1300 |
UPL | 601.45 | 620 |
USDINR | 87.09 | 77.25 |
VBL | 488.15 | 480 |
VEDL | 442.95 | 440 |
VOLTAS | 1402.55 | 1380 |
WIPRO | 264 | 270 |
YESBANK | 16.19 | 17 |
ZOMATO | 201.43 | 210 |
ZYDUSLIFE | 883.1 | 900 |
Note:
Stock LTP > Max Pain | Bearish Trend |
Stock LTP < Max Pain | Bullish Trend |
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.