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CANBK
CANARA BANK

580.45 -1.75 (-0.30%)


Strike  370  has a total call value of 0  versus a total put value of  383,155,650,000 Combined total value = 383,155,650,000

Strike  375  has a total call value of 0  versus a total put value of  370,481,850,000 Combined total value = 370,481,850,000

Strike  380  has a total call value of 0  versus a total put value of  357,808,050,000 Combined total value = 357,808,050,000

Strike  385  has a total call value of 2,700,000  versus a total put value of  345,180,150,000 Combined total value = 345,182,850,000

Strike  390  has a total call value of 5,400,000  versus a total put value of  332,552,250,000 Combined total value = 332,557,650,000

Strike  395  has a total call value of 8,100,000  versus a total put value of  320,022,900,000 Combined total value = 320,031,000,000

Strike  400  has a total call value of 10,800,000  versus a total put value of  307,493,550,000 Combined total value = 307,504,350,000

Strike  405  has a total call value of 60,750,000  versus a total put value of  295,259,850,000 Combined total value = 295,320,600,000

Strike  410  has a total call value of 110,700,000  versus a total put value of  283,026,150,000 Combined total value = 283,136,850,000

Strike  415  has a total call value of 178,200,000  versus a total put value of  270,892,350,000 Combined total value = 271,070,550,000

Strike  420  has a total call value of 245,700,000  versus a total put value of  258,758,550,000 Combined total value = 259,004,250,000

Strike  425  has a total call value of 313,200,000  versus a total put value of  247,017,600,000 Combined total value = 247,330,800,000

Strike  430  has a total call value of 380,700,000  versus a total put value of  235,323,900,000 Combined total value = 235,704,600,000

Strike  435  has a total call value of 448,200,000  versus a total put value of  223,843,500,000 Combined total value = 224,291,700,000

Strike  440  has a total call value of 515,700,000  versus a total put value of  212,363,100,000 Combined total value = 212,878,800,000

Strike  445  has a total call value of 652,050,000  versus a total put value of  201,187,800,000 Combined total value = 201,839,850,000

Strike  450  has a total call value of 788,400,000  versus a total put value of  190,012,500,000 Combined total value = 190,800,900,000

Strike  455  has a total call value of 1,181,250,000  versus a total put value of  179,339,400,000 Combined total value = 180,520,650,000

Strike  460  has a total call value of 1,574,100,000  versus a total put value of  168,666,300,000 Combined total value = 170,240,400,000

Strike  465  has a total call value of 2,068,200,000  versus a total put value of  158,274,000,000 Combined total value = 160,342,200,000

Strike  470  has a total call value of 2,625,750,000  versus a total put value of  147,946,500,000 Combined total value = 150,572,250,000

Strike  475  has a total call value of 3,295,350,000  versus a total put value of  137,887,650,000 Combined total value = 141,183,000,000

Strike  480  has a total call value of 4,029,750,000  versus a total put value of  127,988,100,000 Combined total value = 132,017,850,000

Strike  485  has a total call value of 4,957,200,000  versus a total put value of  118,509,750,000 Combined total value = 123,466,950,000

Strike  490  has a total call value of 6,015,600,000  versus a total put value of  109,132,650,000 Combined total value = 115,148,250,000

Strike  495  has a total call value of 7,326,450,000  versus a total put value of  100,263,150,000 Combined total value = 107,589,600,000

Strike  500  has a total call value of 8,714,250,000  versus a total put value of  91,540,800,000 Combined total value = 100,255,050,000

Strike  505  has a total call value of 10,538,100,000  versus a total put value of  83,710,800,000 Combined total value = 94,248,900,000

Strike  510  has a total call value of 12,452,400,000  versus a total put value of  75,976,650,000 Combined total value = 88,429,050,000

Strike  515  has a total call value of 14,486,850,000  versus a total put value of  68,418,000,000 Combined total value = 82,904,850,000

Strike  520  has a total call value of 16,579,350,000  versus a total put value of  61,003,800,000 Combined total value = 77,583,150,000

Strike  525  has a total call value of 18,922,950,000  versus a total put value of  54,241,650,000 Combined total value = 73,164,600,000

Strike  530  has a total call value of 21,339,450,000  versus a total put value of  47,621,250,000 Combined total value = 68,960,700,000

Strike  535  has a total call value of 23,967,900,000  versus a total put value of  41,397,750,000 Combined total value = 65,365,650,000

Strike  540  has a total call value of 26,681,400,000  versus a total put value of  35,310,600,000 Combined total value = 61,992,000,000

Strike  545  has a total call value of 29,737,800,000  versus a total put value of  29,893,050,000 Combined total value = 59,630,850,000

Strike  550  has a total call value of 32,960,250,000  versus a total put value of  24,694,200,000 Combined total value = 57,654,450,000

Strike  555  has a total call value of 36,648,450,000  versus a total put value of  20,260,800,000 Combined total value = 56,909,250,000

Strike  560  has a total call value of 40,456,800,000  versus a total put value of  15,997,500,000 Combined total value = 56,454,300,000

Strike  565  has a total call value of 44,618,850,000  versus a total put value of  12,364,650,000 Combined total value = 56,983,500,000

Strike  570  has a total call value of 48,914,550,000  versus a total put value of  9,039,600,000 Combined total value = 57,954,150,000

Strike  575  has a total call value of 53,878,500,000  versus a total put value of  6,447,600,000 Combined total value = 60,326,100,000

Strike  580  has a total call value of 59,063,850,000  versus a total put value of  4,060,800,000 Combined total value = 63,124,650,000

Strike  585  has a total call value of 65,233,350,000  versus a total put value of  2,620,350,000 Combined total value = 67,853,700,000

Strike  590  has a total call value of 72,284,400,000  versus a total put value of  1,389,150,000 Combined total value = 73,673,550,000

Strike  595  has a total call value of 81,193,050,000  versus a total put value of  677,700,000 Combined total value = 81,870,750,000

Strike  600  has a total call value of 90,788,850,000  versus a total put value of  151,200,000 Combined total value = 90,940,050,000

Strike  605  has a total call value of 103,770,450,000  versus a total put value of  94,500,000 Combined total value = 103,864,950,000

Strike  610  has a total call value of 117,192,150,000  versus a total put value of  51,300,000 Combined total value = 117,243,450,000

Strike  615  has a total call value of 132,607,800,000  versus a total put value of  35,100,000 Combined total value = 132,642,900,000

Strike  620  has a total call value of 148,317,750,000  versus a total put value of  21,600,000 Combined total value = 148,339,350,000

Strike  625  has a total call value of 165,102,300,000  versus a total put value of  18,900,000 Combined total value = 165,121,200,000

Strike  630  has a total call value of 182,425,500,000  versus a total put value of  16,200,000 Combined total value = 182,441,700,000

Strike  635  has a total call value of 200,469,600,000  versus a total put value of  13,500,000 Combined total value = 200,483,100,000

Strike  640  has a total call value of 218,644,650,000  versus a total put value of  10,800,000 Combined total value = 218,655,450,000

Strike  645  has a total call value of 237,132,900,000  versus a total put value of  8,100,000 Combined total value = 237,141,000,000

Strike  650  has a total call value of 255,695,400,000  versus a total put value of  5,400,000 Combined total value = 255,700,800,000

Strike  655  has a total call value of 274,853,250,000  versus a total put value of  2,700,000 Combined total value = 274,855,950,000

Strike  660  has a total call value of 294,040,800,000  versus a total put value of  0 Combined total value = 294,040,800,000

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.