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CANBK
CANARA BANK

573.25 -7.20 (-1.24%)


Strike  360  has a total call value of 0  versus a total put value of  359,398,350,000 Combined total value = 359,398,350,000

Strike  365  has a total call value of 2,700,000  versus a total put value of  348,217,650,000 Combined total value = 348,220,350,000

Strike  370  has a total call value of 5,400,000  versus a total put value of  337,036,950,000 Combined total value = 337,042,350,000

Strike  375  has a total call value of 8,100,000  versus a total put value of  325,856,250,000 Combined total value = 325,864,350,000

Strike  380  has a total call value of 12,150,000  versus a total put value of  314,676,900,000 Combined total value = 314,689,050,000

Strike  385  has a total call value of 18,900,000  versus a total put value of  303,497,550,000 Combined total value = 303,516,450,000

Strike  390  has a total call value of 27,000,000  versus a total put value of  292,318,200,000 Combined total value = 292,345,200,000

Strike  395  has a total call value of 37,800,000  versus a total put value of  281,138,850,000 Combined total value = 281,176,650,000

Strike  400  has a total call value of 48,600,000  versus a total put value of  269,967,600,000 Combined total value = 270,016,200,000

Strike  405  has a total call value of 103,950,000  versus a total put value of  259,092,000,000 Combined total value = 259,195,950,000

Strike  410  has a total call value of 159,300,000  versus a total put value of  248,216,400,000 Combined total value = 248,375,700,000

Strike  415  has a total call value of 229,500,000  versus a total put value of  237,340,800,000 Combined total value = 237,570,300,000

Strike  420  has a total call value of 299,700,000  versus a total put value of  226,484,100,000 Combined total value = 226,783,800,000

Strike  425  has a total call value of 446,850,000  versus a total put value of  216,018,900,000 Combined total value = 216,465,750,000

Strike  430  has a total call value of 618,300,000  versus a total put value of  205,553,700,000 Combined total value = 206,172,000,000

Strike  435  has a total call value of 818,100,000  versus a total put value of  195,295,050,000 Combined total value = 196,113,150,000

Strike  440  has a total call value of 1,048,950,000  versus a total put value of  185,036,400,000 Combined total value = 186,085,350,000

Strike  445  has a total call value of 1,347,300,000  versus a total put value of  175,076,100,000 Combined total value = 176,423,400,000

Strike  450  has a total call value of 1,680,750,000  versus a total put value of  165,160,350,000 Combined total value = 166,841,100,000

Strike  455  has a total call value of 2,014,200,000  versus a total put value of  155,729,250,000 Combined total value = 157,743,450,000

Strike  460  has a total call value of 2,390,850,000  versus a total put value of  146,368,350,000 Combined total value = 148,759,200,000

Strike  465  has a total call value of 2,767,500,000  versus a total put value of  137,250,450,000 Combined total value = 140,017,950,000

Strike  470  has a total call value of 3,206,250,000  versus a total put value of  128,183,850,000 Combined total value = 131,390,100,000

Strike  475  has a total call value of 3,645,000,000  versus a total put value of  119,356,200,000 Combined total value = 123,001,200,000

Strike  480  has a total call value of 4,083,750,000  versus a total put value of  110,686,500,000 Combined total value = 114,770,250,000

Strike  485  has a total call value of 4,712,850,000  versus a total put value of  102,427,200,000 Combined total value = 107,140,050,000

Strike  490  has a total call value of 5,470,200,000  versus a total put value of  94,265,100,000 Combined total value = 99,735,300,000

Strike  495  has a total call value of 6,474,600,000  versus a total put value of  86,583,600,000 Combined total value = 93,058,200,000

Strike  500  has a total call value of 7,479,000,000  versus a total put value of  78,902,100,000 Combined total value = 86,381,100,000

Strike  505  has a total call value of 8,912,700,000  versus a total put value of  72,067,050,000 Combined total value = 80,979,750,000

Strike  510  has a total call value of 10,346,400,000  versus a total put value of  65,323,800,000 Combined total value = 75,670,200,000

Strike  515  has a total call value of 11,898,900,000  versus a total put value of  58,752,000,000 Combined total value = 70,650,900,000

Strike  520  has a total call value of 13,451,400,000  versus a total put value of  52,316,550,000 Combined total value = 65,767,950,000

Strike  525  has a total call value of 15,248,250,000  versus a total put value of  46,507,500,000 Combined total value = 61,755,750,000

Strike  530  has a total call value of 17,116,650,000  versus a total put value of  40,855,050,000 Combined total value = 57,971,700,000

Strike  535  has a total call value of 19,194,300,000  versus a total put value of  35,579,250,000 Combined total value = 54,773,550,000

Strike  540  has a total call value of 21,355,650,000  versus a total put value of  30,414,150,000 Combined total value = 51,769,800,000

Strike  545  has a total call value of 23,845,050,000  versus a total put value of  25,856,550,000 Combined total value = 49,701,600,000

Strike  550  has a total call value of 26,497,800,000  versus a total put value of  21,460,950,000 Combined total value = 47,958,750,000

Strike  555  has a total call value of 29,598,750,000  versus a total put value of  17,706,600,000 Combined total value = 47,305,350,000

Strike  560  has a total call value of 32,818,500,000  versus a total put value of  14,084,550,000 Combined total value = 46,903,050,000

Strike  565  has a total call value of 36,377,100,000  versus a total put value of  10,955,250,000 Combined total value = 47,332,350,000

Strike  570  has a total call value of 40,055,850,000  versus a total put value of  8,101,350,000 Combined total value = 48,157,200,000

Strike  575  has a total call value of 44,290,800,000  versus a total put value of  5,840,100,000 Combined total value = 50,130,900,000

Strike  580  has a total call value of 48,720,150,000  versus a total put value of  3,735,450,000 Combined total value = 52,455,600,000

Strike  585  has a total call value of 53,954,100,000  versus a total put value of  2,394,900,000 Combined total value = 56,349,000,000

Strike  590  has a total call value of 59,836,050,000  versus a total put value of  1,236,600,000 Combined total value = 61,072,650,000

Strike  595  has a total call value of 67,204,350,000  versus a total put value of  572,400,000 Combined total value = 67,776,750,000

Strike  600  has a total call value of 75,149,100,000  versus a total put value of  91,800,000 Combined total value = 75,240,900,000

Strike  605  has a total call value of 85,953,150,000  versus a total put value of  63,450,000 Combined total value = 86,016,600,000

Strike  610  has a total call value of 97,160,850,000  versus a total put value of  48,600,000 Combined total value = 97,209,450,000

Strike  615  has a total call value of 110,232,900,000  versus a total put value of  33,750,000 Combined total value = 110,266,650,000

Strike  620  has a total call value of 123,585,750,000  versus a total put value of  21,600,000 Combined total value = 123,607,350,000

Strike  625  has a total call value of 137,812,050,000  versus a total put value of  18,900,000 Combined total value = 137,830,950,000

Strike  630  has a total call value of 152,514,900,000  versus a total put value of  16,200,000 Combined total value = 152,531,100,000

Strike  635  has a total call value of 167,769,900,000  versus a total put value of  13,500,000 Combined total value = 167,783,400,000

Strike  640  has a total call value of 183,150,450,000  versus a total put value of  10,800,000 Combined total value = 183,161,250,000

Strike  645  has a total call value of 198,799,650,000  versus a total put value of  8,100,000 Combined total value = 198,807,750,000

Strike  650  has a total call value of 214,517,700,000  versus a total put value of  5,400,000 Combined total value = 214,523,100,000

Strike  655  has a total call value of 230,701,500,000  versus a total put value of  2,700,000 Combined total value = 230,704,200,000

Strike  660  has a total call value of 246,912,300,000  versus a total put value of  0 Combined total value = 246,912,300,000

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.