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CANBK
CANARA BANK

578.65 14.20 (2.52%)


Strike  400  has a total call value of 0  versus a total put value of  193,924,800,000 Combined total value = 193,924,800,000

Strike  405  has a total call value of 6,750,000  versus a total put value of  187,253,100,000 Combined total value = 187,259,850,000

Strike  410  has a total call value of 13,500,000  versus a total put value of  180,581,400,000 Combined total value = 180,594,900,000

Strike  415  has a total call value of 20,250,000  versus a total put value of  173,909,700,000 Combined total value = 173,929,950,000

Strike  420  has a total call value of 27,000,000  versus a total put value of  167,238,000,000 Combined total value = 167,265,000,000

Strike  425  has a total call value of 33,750,000  versus a total put value of  160,566,300,000 Combined total value = 160,600,050,000

Strike  430  has a total call value of 40,500,000  versus a total put value of  153,894,600,000 Combined total value = 153,935,100,000

Strike  435  has a total call value of 47,250,000  versus a total put value of  147,222,900,000 Combined total value = 147,270,150,000

Strike  440  has a total call value of 54,000,000  versus a total put value of  140,551,200,000 Combined total value = 140,605,200,000

Strike  445  has a total call value of 60,750,000  versus a total put value of  133,879,500,000 Combined total value = 133,940,250,000

Strike  450  has a total call value of 67,500,000  versus a total put value of  127,207,800,000 Combined total value = 127,275,300,000

Strike  455  has a total call value of 74,250,000  versus a total put value of  120,606,300,000 Combined total value = 120,680,550,000

Strike  460  has a total call value of 81,000,000  versus a total put value of  114,004,800,000 Combined total value = 114,085,800,000

Strike  465  has a total call value of 87,750,000  versus a total put value of  107,403,300,000 Combined total value = 107,491,050,000

Strike  470  has a total call value of 94,500,000  versus a total put value of  100,801,800,000 Combined total value = 100,896,300,000

Strike  475  has a total call value of 101,250,000  versus a total put value of  94,212,450,000 Combined total value = 94,313,700,000

Strike  480  has a total call value of 108,000,000  versus a total put value of  87,629,850,000 Combined total value = 87,737,850,000

Strike  485  has a total call value of 124,200,000  versus a total put value of  81,203,850,000 Combined total value = 81,328,050,000

Strike  490  has a total call value of 140,400,000  versus a total put value of  74,777,850,000 Combined total value = 74,918,250,000

Strike  495  has a total call value of 156,600,000  versus a total put value of  68,453,100,000 Combined total value = 68,609,700,000

Strike  500  has a total call value of 172,800,000  versus a total put value of  62,128,350,000 Combined total value = 62,301,150,000

Strike  505  has a total call value of 405,000,000  versus a total put value of  56,755,350,000 Combined total value = 57,160,350,000

Strike  510  has a total call value of 637,200,000  versus a total put value of  51,386,400,000 Combined total value = 52,023,600,000

Strike  515  has a total call value of 869,400,000  versus a total put value of  46,064,700,000 Combined total value = 46,934,100,000

Strike  520  has a total call value of 1,101,600,000  versus a total put value of  40,751,100,000 Combined total value = 41,852,700,000

Strike  525  has a total call value of 1,466,100,000  versus a total put value of  35,918,100,000 Combined total value = 37,384,200,000

Strike  530  has a total call value of 1,830,600,000  versus a total put value of  31,203,900,000 Combined total value = 33,034,500,000

Strike  535  has a total call value of 2,243,700,000  versus a total put value of  26,994,600,000 Combined total value = 29,238,300,000

Strike  540  has a total call value of 2,671,650,000  versus a total put value of  22,855,500,000 Combined total value = 25,527,150,000

Strike  545  has a total call value of 3,152,250,000  versus a total put value of  19,249,650,000 Combined total value = 22,401,900,000

Strike  550  has a total call value of 3,643,650,000  versus a total put value of  15,708,600,000 Combined total value = 19,352,250,000

Strike  555  has a total call value of 4,656,150,000  versus a total put value of  13,128,750,000 Combined total value = 17,784,900,000

Strike  560  has a total call value of 5,705,100,000  versus a total put value of  10,612,350,000 Combined total value = 16,317,450,000

Strike  565  has a total call value of 7,011,900,000  versus a total put value of  8,518,500,000 Combined total value = 15,530,400,000

Strike  570  has a total call value of 8,384,850,000  versus a total put value of  6,492,150,000 Combined total value = 14,877,000,000

Strike  575  has a total call value of 10,172,250,000  versus a total put value of  5,058,450,000 Combined total value = 15,230,700,000

Strike  580  has a total call value of 12,139,200,000  versus a total put value of  3,723,300,000 Combined total value = 15,862,500,000

Strike  585  has a total call value of 14,770,350,000  versus a total put value of  2,749,950,000 Combined total value = 17,520,300,000

Strike  590  has a total call value of 17,516,250,000  versus a total put value of  1,830,600,000 Combined total value = 19,346,850,000

Strike  595  has a total call value of 20,738,700,000  versus a total put value of  1,131,300,000 Combined total value = 21,870,000,000

Strike  600  has a total call value of 24,073,200,000  versus a total put value of  449,550,000 Combined total value = 24,522,750,000

Strike  605  has a total call value of 29,223,450,000  versus a total put value of  278,100,000 Combined total value = 29,501,550,000

Strike  610  has a total call value of 34,433,100,000  versus a total put value of  125,550,000 Combined total value = 34,558,650,000

Strike  615  has a total call value of 40,020,750,000  versus a total put value of  60,750,000 Combined total value = 40,081,500,000

Strike  620  has a total call value of 45,634,050,000  versus a total put value of  1,350,000 Combined total value = 45,635,400,000

Strike  625  has a total call value of 51,835,950,000  versus a total put value of  0 Combined total value = 51,835,950,000

Strike  630  has a total call value of 58,072,950,000  versus a total put value of  0 Combined total value = 58,072,950,000

Strike  635  has a total call value of 64,621,800,000  versus a total put value of  0 Combined total value = 64,621,800,000

Strike  640  has a total call value of 71,174,700,000  versus a total put value of  0 Combined total value = 71,174,700,000

Strike  645  has a total call value of 77,908,500,000  versus a total put value of  0 Combined total value = 77,908,500,000

Strike  650  has a total call value of 84,642,300,000  versus a total put value of  0 Combined total value = 84,642,300,000

Strike  655  has a total call value of 92,082,150,000  versus a total put value of  0 Combined total value = 92,082,150,000

Strike  660  has a total call value of 99,550,350,000  versus a total put value of  0 Combined total value = 99,550,350,000

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.