CANBK
Canara Bank
Max pain for CANBK
28 Feb 2025 04:10 PM IST
Max Pain for CANBK is 88
Strike 68 has a total call value of 0 versus a total put value of 125,665,425,000 Combined total value = 125,665,425,000
Strike 69 has a total call value of 0 versus a total put value of 119,280,600,000 Combined total value = 119,280,600,000
Strike 70 has a total call value of 0 versus a total put value of 112,895,775,000 Combined total value = 112,895,775,000
Strike 71 has a total call value of 43,200,000 versus a total put value of 106,615,575,000 Combined total value = 106,658,775,000
Strike 72 has a total call value of 86,400,000 versus a total put value of 100,335,375,000 Combined total value = 100,421,775,000
Strike 73 has a total call value of 129,600,000 versus a total put value of 94,080,825,000 Combined total value = 94,210,425,000
Strike 74 has a total call value of 172,800,000 versus a total put value of 87,844,500,000 Combined total value = 88,017,300,000
Strike 75 has a total call value of 222,075,000 versus a total put value of 81,629,775,000 Combined total value = 81,851,850,000
Strike 76 has a total call value of 309,825,000 versus a total put value of 75,751,875,000 Combined total value = 76,061,700,000
Strike 77 has a total call value of 405,000,000 versus a total put value of 69,945,525,000 Combined total value = 70,350,525,000
Strike 78 has a total call value of 502,200,000 versus a total put value of 64,194,525,000 Combined total value = 64,696,725,000
Strike 79 has a total call value of 605,475,000 versus a total put value of 58,639,275,000 Combined total value = 59,244,750,000
Strike 80 has a total call value of 717,525,000 versus a total put value of 53,177,850,000 Combined total value = 53,895,375,000
Strike 81 has a total call value of 1,032,750,000 versus a total put value of 48,507,525,000 Combined total value = 49,540,275,000
Strike 82 has a total call value of 1,446,525,000 versus a total put value of 43,991,100,000 Combined total value = 45,437,625,000
Strike 83 has a total call value of 2,097,225,000 versus a total put value of 39,837,825,000 Combined total value = 41,935,050,000
Strike 84 has a total call value of 2,958,525,000 versus a total put value of 35,947,800,000 Combined total value = 38,906,325,000
Strike 85 has a total call value of 4,095,225,000 versus a total put value of 32,277,150,000 Combined total value = 36,372,375,000
Strike 86 has a total call value of 6,193,125,000 versus a total put value of 29,133,000,000 Combined total value = 35,326,125,000
Strike 87 has a total call value of 8,737,875,000 versus a total put value of 26,126,550,000 Combined total value = 34,864,425,000
Strike 88 has a total call value of 11,580,975,000 versus a total put value of 23,269,950,000 Combined total value = 34,850,925,000
Strike 89 has a total call value of 14,712,975,000 versus a total put value of 20,615,850,000 Combined total value = 35,328,825,000
Strike 90 has a total call value of 17,945,550,000 versus a total put value of 18,045,450,000 Combined total value = 35,991,000,000
Strike 91 has a total call value of 22,727,925,000 versus a total put value of 16,093,350,000 Combined total value = 38,821,275,000
Strike 92 has a total call value of 27,631,800,000 versus a total put value of 14,217,525,000 Combined total value = 41,849,325,000
Strike 93 has a total call value of 32,787,450,000 versus a total put value of 12,455,100,000 Combined total value = 45,242,550,000
Strike 94 has a total call value of 38,090,925,000 versus a total put value of 10,692,675,000 Combined total value = 48,783,600,000
Strike 95 has a total call value of 43,521,975,000 versus a total put value of 8,930,250,000 Combined total value = 52,452,225,000
Strike 96 has a total call value of 49,840,650,000 versus a total put value of 7,853,625,000 Combined total value = 57,694,275,000
Strike 97 has a total call value of 56,216,025,000 versus a total put value of 6,777,000,000 Combined total value = 62,993,025,000
Strike 98 has a total call value of 62,708,175,000 versus a total put value of 5,700,375,000 Combined total value = 68,408,550,000
Strike 99 has a total call value of 69,265,800,000 versus a total put value of 4,623,750,000 Combined total value = 73,889,550,000
Strike 100 has a total call value of 75,823,425,000 versus a total put value of 3,547,125,000 Combined total value = 79,370,550,000
Strike 101 has a total call value of 83,614,950,000 versus a total put value of 3,100,275,000 Combined total value = 86,715,225,000
Strike 102 has a total call value of 91,472,625,000 versus a total put value of 2,653,425,000 Combined total value = 94,126,050,000
Strike 103 has a total call value of 99,362,700,000 versus a total put value of 2,206,575,000 Combined total value = 101,569,275,000
Strike 104 has a total call value of 107,267,625,000 versus a total put value of 1,759,725,000 Combined total value = 109,027,350,000
Strike 105 has a total call value of 115,172,550,000 versus a total put value of 1,312,875,000 Combined total value = 116,485,425,000
Strike 106 has a total call value of 123,283,350,000 versus a total put value of 1,050,300,000 Combined total value = 124,333,650,000
Strike 107 has a total call value of 131,394,150,000 versus a total put value of 787,725,000 Combined total value = 132,181,875,000
Strike 108 has a total call value of 139,504,950,000 versus a total put value of 525,150,000 Combined total value = 140,030,100,000
Strike 109 has a total call value of 147,615,750,000 versus a total put value of 262,575,000 Combined total value = 147,878,325,000
Strike 110 has a total call value of 155,726,550,000 versus a total put value of 0 Combined total value = 155,726,550,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 376 | 400 |
ABB | 4935.4 | 5200 |
ABCAPITAL | 156.33 | 165 |
ABFRL | 242.15 | 255 |
ACC | 1818.55 | 2000 |
ADANIENSOL | 650.9 | 680 |
ADANIENT | 2096 | 2500 |
ADANIGREEN | 774.4 | 820 |
ADANIPORTS | 1069.4 | 1100 |
ALKEM | 4646.2 | 4650 |
AMBUJACEM | 464.95 | 510 |
ANGELONE | 2169.15 | 2100 |
APLAPOLLO | 1438.95 | 1460 |
APOLLOHOSP | 6052.6 | 6200 |
APOLLOTYRE | 374.3 | 400 |
ASHOKLEY | 212.94 | 220 |
ASIANPAINT | 2179.75 | 2260 |
ASTRAL | 1337.25 | 1400 |
ATGL | 557.15 | 560 |
AUBANK | 565.7 | 555 |
AUROPHARMA | 1058.3 | 1100 |
AXISBANK | 1015.55 | 1030 |
BAJAJ-AUTO | 7902.9 | 8300 |
BAJAJFINSV | 1872.3 | 1900 |
BAJFINANCE | 8530.3 | 8500 |
BALKRISIND | 2615.65 | 2700 |
BANDHANBNK | 141.19 | 145 |
BANKBARODA | 197.07 | 215 |
BANKINDIA | 95.16 | 100 |
BEL | 246.25 | 260 |
BERGEPAINT | 488.55 | 490 |
BHARATFORG | 1016.5 | 1040 |
BHARTIARTL | 1570.2 | 1620 |
BHEL | 179.17 | 195 |
BIOCON | 302.45 | 320 |
BOSCHLTD | 26544 | 30000 |
BPCL | 237.3 | 250 |
BRITANNIA | 4595.45 | 4800 |
BSE | 4633.7 | 5100 |
BSOFT | 424.05 | 450 |
CAMS | 3143.1 | 3300 |
CANBK | 80.9 | 88 |
CDSL | 1107.9 | 1200 |
CESC | 130.79 | 135 |
CGPOWER | 572.6 | 580 |
CHAMBLFERT | 533.7 | 550 |
CHOLAFIN | 1400.75 | 1400 |
CIPLA | 1407.5 | 1460 |
COALINDIA | 369.35 | 380 |
COFORGE | 7362.15 | 7400 |
COLPAL | 2464.6 | 2500 |
CONCOR | 623.7 | 680 |
CROMPTON | 321.15 | 330 |
CUMMINSIND | 2717.95 | 2800 |
CYIENT | 1267.15 | 1300 |
DABUR | 493.3 | 510 |
DALBHARAT | 1689.65 | 1700 |
DEEPAKNTR | 1851.3 | 1900 |
DELHIVERY | 249.85 | 260 |
DIVISLAB | 5480.25 | 5650 |
DIXON | 13935.85 | 14000 |
DLF | 635.55 | 670 |
DMART | 3403.95 | 3550 |
DRREDDY | 1116.5 | 1150 |
EICHERMOT | 4773.6 | 4950 |
ESCORTS | 2868.95 | 3000 |
EXIDEIND | 347.8 | 370 |
FEDERALBNK | 177.62 | 180 |
GAIL | 156.04 | 160 |
GLENMARK | 1278.95 | 1300 |
GMRAIRPORT | 69.47 | 71 |
GODREJCP | 1005.15 | 1030 |
GODREJPROP | 1936.3 | 2000 |
GRANULES | 461.8 | 490 |
GRASIM | 2306.65 | 2360 |
HAL | 3088.2 | 3400 |
HAVELLS | 1421.8 | 1440 |
HCLTECH | 1575.05 | 1640 |
HDFCAMC | 3628.3 | 3800 |
HDFCBANK | 1732.4 | 1720 |
HDFCLIFE | 608.5 | 620 |
HEROMOTOCO | 3681.1 | 3800 |
HFCL | 79.19 | 85 |
HINDALCO | 634.35 | 630 |
HINDCOPPER | 202.32 | 220 |
HINDPETRO | 293.75 | 310 |
HINDUNILVR | 2190.25 | 2300 |
HUDCO | 165.14 | 180 |
ICICIBANK | 1204.1 | 1250 |
ICICIGI | 1690.95 | 1720 |
ICICIPRULI | 551.6 | 560 |
IDEA | 7.55 | 8 |
IDFCFIRSTB | 58.39 | 61 |
IEX | 155.93 | 165 |
IGL | 189.48 | 195 |
INDHOTEL | 716.1 | 740 |
INDIANB | 510.8 | 520 |
INDIGO | 4477.3 | 4500 |
INDUSINDBK | 990.1 | 1040 |
INDUSTOWER | 323.35 | 345 |
INFY | 1687.7 | 1760 |
IOC | 113.49 | 120 |
IRB | 43.26 | 45 |
IRCTC | 670.95 | 710 |
IRFC | 112.42 | 115 |
ITC | 395 | 405 |
JINDALSTEL | 856.15 | 880 |
JIOFIN | 207.61 | 220 |
JKCEMENT | 4389.35 | 4500 |
JSL | 584.85 | 610 |
JSWENERGY | 464.1 | 460 |
JSWSTEEL | 950.7 | 970 |
JUBLFOOD | 626.1 | 650 |
KALYANKJIL | 462.25 | 460 |
KEI | 3070.15 | 3000 |
KOTAKBANK | 1902.95 | 1940 |
KPITTECH | 1197.4 | 1260 |
LAURUSLABS | 527.2 | 540 |
LICHSGFIN | 496.9 | 530 |
LICI | 740.5 | 760 |
LODHA | 1130.9 | 1200 |
LT | 3163.85 | 3300 |
LTF | 134.73 | 140 |
LTIM | 4665.95 | 5000 |
LTTS | 4533.2 | 4700 |
LUPIN | 1904.65 | 1900 |
M&M | 2585.1 | 2700 |
M&MFIN | 270.6 | 280 |
MANAPPURAM | 200.96 | 200 |
MARICO | 600.6 | 620 |
MARUTI | 11945.85 | 12200 |
MAXHEALTH | 978.1 | 1020 |
MCX | 4991.65 | 5400 |
MFSL | 998.1 | 1040 |
MGL | 1237.5 | 1300 |
MOTHERSON | 118.59 | 125 |
MPHASIS | 2247.25 | 2350 |
MRF | 105373.7 | 110000 |
MUTHOOTFIN | 2132.8 | 2200 |
NATIONALUM | 177.6 | 186 |
NAUKRI | 6992.65 | 7300 |
NBCC | 72.86 | 77.5 |
NCC | 175 | 180 |
NESTLEIND | 2189.65 | 2260 |
NHPC | 72.9 | 75 |
NMDC | 62.48 | 69 |
NTPC | 311.45 | 320 |
NYKAA | 158.8 | 160 |
OBEROIRLTY | 1484.5 | 1520 |
OFSS | 7763.9 | 8000 |
OIL | 342.7 | 370 |
ONGC | 225.25 | 235 |
PAGEIND | 40515.95 | 42000 |
PAYTM | 714.95 | 740 |
PEL | 872.4 | 940 |
PERSISTENT | 5303.9 | 5400 |
PETRONET | 283.3 | 290 |
PFC | 364.3 | 390 |
PHOENIXLTD | 1548.1 | 1500 |
PIDILITIND | 2657.9 | 2800 |
PIIND | 3013.95 | 3100 |
PNB | 87.39 | 95 |
POLICYBZR | 1463.6 | 1550 |
POLYCAB | 4713.4 | 4900 |
POONAWALLA | 281.3 | 280 |
POWERGRID | 250.85 | 265 |
PRESTIGE | 1126.6 | 1150 |
RAMCOCEM | 829 | 850 |
RBLBANK | 158.34 | 160 |
RECLTD | 360.3 | 390 |
RELIANCE | 1200.1 | 1250 |
SAIL | 105.02 | 110 |
SBICARD | 838.8 | 850 |
SBILIFE | 1430.5 | 1480 |
SBIN | 688.8 | 720 |
SHREECEM | 27284 | 27250 |
SHRIRAMFIN | 617.3 | 610 |
SIEMENS | 4623.5 | 4800 |
SJVN | 84.11 | 87.5 |
SOLARINDS | 8710.6 | 9000 |
SONACOMS | 493.9 | 500 |
SRF | 2795.4 | 2800 |
SUNPHARMA | 1593.25 | 1640 |
SUPREMEIND | 3329 | 3500 |
SYNGENE | 652.4 | 700 |
TATACHEM | 777.35 | 840 |
TATACOMM | 1352.5 | 1400 |
TATACONSUM | 963.7 | 1000 |
TATAELXSI | 5411.1 | 5500 |
TATAMOTORS | 620.65 | 660 |
TATAPOWER | 339.2 | 360 |
TATASTEEL | 137.2 | 140 |
TCS | 3483.25 | 3650 |
TECHM | 1487.85 | 1560 |
TIINDIA | 2462.15 | 2600 |
TITAN | 3077.25 | 3200 |
TORNTPHARM | 2948.1 | 3000 |
TORNTPOWER | 1262.95 | 1300 |
TRENT | 4851.55 | 5000 |
TVSMOTOR | 2225.5 | 2320 |
ULTRACEMCO | 10128.45 | 10500 |
UNIONBANK | 112.1 | 115 |
UNITDSPR | 1284.45 | 1300 |
UPL | 632.95 | 640 |
USDINR | 0 | 77.25 |
VBL | 436.05 | 470 |
VEDL | 394.75 | 430 |
VOLTAS | 1320.1 | 1300 |
WIPRO | 277.65 | 290 |
YESBANK | 16.75 | 18 |
ZOMATO | 222.1 | 230 |
ZYDUSLIFE | 876.6 | 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.