[--[65.84.65.76]--]
SBIN
STATE BANK OF INDIA

729.45 -1.50 (-0.21%)


Strike  505  has a total call value of 0  versus a total put value of  746,279,250,000 Combined total value = 746,279,250,000

Strike  510  has a total call value of 0  versus a total put value of  728,451,750,000 Combined total value = 728,451,750,000

Strike  515  has a total call value of 51,750,000  versus a total put value of  710,624,250,000 Combined total value = 710,676,000,000

Strike  520  has a total call value of 103,500,000  versus a total put value of  692,796,750,000 Combined total value = 692,900,250,000

Strike  525  has a total call value of 155,250,000  versus a total put value of  674,969,250,000 Combined total value = 675,124,500,000

Strike  530  has a total call value of 207,000,000  versus a total put value of  657,141,750,000 Combined total value = 657,348,750,000

Strike  535  has a total call value of 258,750,000  versus a total put value of  639,314,250,000 Combined total value = 639,573,000,000

Strike  540  has a total call value of 310,500,000  versus a total put value of  621,486,750,000 Combined total value = 621,797,250,000

Strike  545  has a total call value of 362,250,000  versus a total put value of  603,659,250,000 Combined total value = 604,021,500,000

Strike  550  has a total call value of 414,000,000  versus a total put value of  585,831,750,000 Combined total value = 586,245,750,000

Strike  555  has a total call value of 465,750,000  versus a total put value of  568,169,250,000 Combined total value = 568,635,000,000

Strike  560  has a total call value of 517,500,000  versus a total put value of  550,506,750,000 Combined total value = 551,024,250,000

Strike  565  has a total call value of 569,250,000  versus a total put value of  532,844,250,000 Combined total value = 533,413,500,000

Strike  570  has a total call value of 621,000,000  versus a total put value of  515,181,750,000 Combined total value = 515,802,750,000

Strike  575  has a total call value of 672,750,000  versus a total put value of  497,537,250,000 Combined total value = 498,210,000,000

Strike  580  has a total call value of 724,500,000  versus a total put value of  479,892,750,000 Combined total value = 480,617,250,000

Strike  585  has a total call value of 776,250,000  versus a total put value of  462,248,250,000 Combined total value = 463,024,500,000

Strike  590  has a total call value of 828,000,000  versus a total put value of  444,603,750,000 Combined total value = 445,431,750,000

Strike  595  has a total call value of 879,750,000  versus a total put value of  426,978,750,000 Combined total value = 427,858,500,000

Strike  600  has a total call value of 931,500,000  versus a total put value of  409,353,750,000 Combined total value = 410,285,250,000

Strike  605  has a total call value of 1,029,000,000  versus a total put value of  392,247,000,000 Combined total value = 393,276,000,000

Strike  610  has a total call value of 1,126,500,000  versus a total put value of  375,140,250,000 Combined total value = 376,266,750,000

Strike  615  has a total call value of 1,224,000,000  versus a total put value of  358,033,500,000 Combined total value = 359,257,500,000

Strike  620  has a total call value of 1,321,500,000  versus a total put value of  340,930,500,000 Combined total value = 342,252,000,000

Strike  625  has a total call value of 1,419,000,000  versus a total put value of  324,224,250,000 Combined total value = 325,643,250,000

Strike  630  has a total call value of 1,516,500,000  versus a total put value of  307,518,000,000 Combined total value = 309,034,500,000

Strike  635  has a total call value of 1,614,000,000  versus a total put value of  290,911,500,000 Combined total value = 292,525,500,000

Strike  640  has a total call value of 1,711,500,000  versus a total put value of  274,316,250,000 Combined total value = 276,027,750,000

Strike  645  has a total call value of 1,836,750,000  versus a total put value of  257,898,750,000 Combined total value = 259,735,500,000

Strike  650  has a total call value of 1,962,000,000  versus a total put value of  241,481,250,000 Combined total value = 243,443,250,000

Strike  655  has a total call value of 2,167,500,000  versus a total put value of  225,920,250,000 Combined total value = 228,087,750,000

Strike  660  has a total call value of 2,373,000,000  versus a total put value of  210,381,750,000 Combined total value = 212,754,750,000

Strike  665  has a total call value of 2,595,750,000  versus a total put value of  195,260,250,000 Combined total value = 197,856,000,000

Strike  670  has a total call value of 2,818,500,000  versus a total put value of  180,192,000,000 Combined total value = 183,010,500,000

Strike  675  has a total call value of 3,060,000,000  versus a total put value of  165,462,750,000 Combined total value = 168,522,750,000

Strike  680  has a total call value of 3,301,500,000  versus a total put value of  150,876,750,000 Combined total value = 154,178,250,000

Strike  685  has a total call value of 3,609,750,000  versus a total put value of  137,109,750,000 Combined total value = 140,719,500,000

Strike  690  has a total call value of 3,918,000,000  versus a total put value of  123,474,750,000 Combined total value = 127,392,750,000

Strike  695  has a total call value of 4,265,250,000  versus a total put value of  110,311,500,000 Combined total value = 114,576,750,000

Strike  700  has a total call value of 4,620,000,000  versus a total put value of  97,303,500,000 Combined total value = 101,923,500,000

Strike  705  has a total call value of 5,475,750,000  versus a total put value of  86,380,500,000 Combined total value = 91,856,250,000

Strike  710  has a total call value of 6,351,000,000  versus a total put value of  75,641,250,000 Combined total value = 81,992,250,000

Strike  715  has a total call value of 7,366,500,000  versus a total put value of  65,720,250,000 Combined total value = 73,086,750,000

Strike  720  has a total call value of 8,403,000,000  versus a total put value of  56,109,000,000 Combined total value = 64,512,000,000

Strike  725  has a total call value of 9,876,750,000  versus a total put value of  48,173,250,000 Combined total value = 58,050,000,000

Strike  730  has a total call value of 11,600,250,000  versus a total put value of  40,792,500,000 Combined total value = 52,392,750,000

Strike  735  has a total call value of 14,928,750,000  versus a total put value of  34,577,250,000 Combined total value = 49,506,000,000

Strike  740  has a total call value of 18,910,500,000  versus a total put value of  28,649,250,000 Combined total value = 47,559,750,000

Strike  745  has a total call value of 24,458,250,000  versus a total put value of  23,835,750,000 Combined total value = 48,294,000,000

Strike  750  has a total call value of 30,565,500,000  versus a total put value of  19,213,500,000 Combined total value = 49,779,000,000

Strike  755  has a total call value of 39,944,250,000  versus a total put value of  15,903,000,000 Combined total value = 55,847,250,000

Strike  760  has a total call value of 49,891,500,000  versus a total put value of  12,755,250,000 Combined total value = 62,646,750,000

Strike  765  has a total call value of 62,441,250,000  versus a total put value of  10,109,250,000 Combined total value = 72,550,500,000

Strike  770  has a total call value of 75,596,250,000  versus a total put value of  7,593,000,000 Combined total value = 83,189,250,000

Strike  775  has a total call value of 90,897,000,000  versus a total put value of  5,546,250,000 Combined total value = 96,443,250,000

Strike  780  has a total call value of 107,206,500,000  versus a total put value of  3,814,500,000 Combined total value = 111,021,000,000

Strike  785  has a total call value of 126,372,750,000  versus a total put value of  2,888,250,000 Combined total value = 129,261,000,000

Strike  790  has a total call value of 146,202,000,000  versus a total put value of  2,080,500,000 Combined total value = 148,282,500,000

Strike  795  has a total call value of 167,702,250,000  versus a total put value of  1,663,500,000 Combined total value = 169,365,750,000

Strike  800  has a total call value of 189,517,500,000  versus a total put value of  1,246,500,000 Combined total value = 190,764,000,000

Strike  805  has a total call value of 217,332,750,000  versus a total put value of  1,133,250,000 Combined total value = 218,466,000,000

Strike  810  has a total call value of 245,705,250,000  versus a total put value of  1,020,000,000 Combined total value = 246,725,250,000

Strike  815  has a total call value of 274,887,000,000  versus a total put value of  906,750,000 Combined total value = 275,793,750,000

Strike  820  has a total call value of 304,230,000,000  versus a total put value of  793,500,000 Combined total value = 305,023,500,000

Strike  825  has a total call value of 334,815,750,000  versus a total put value of  680,250,000 Combined total value = 335,496,000,000

Strike  830  has a total call value of 365,558,250,000  versus a total put value of  579,000,000 Combined total value = 366,137,250,000

Strike  835  has a total call value of 396,837,000,000  versus a total put value of  477,750,000 Combined total value = 397,314,750,000

Strike  840  has a total call value of 428,274,750,000  versus a total put value of  376,500,000 Combined total value = 428,651,250,000

Strike  845  has a total call value of 460,189,500,000  versus a total put value of  275,250,000 Combined total value = 460,464,750,000

Strike  850  has a total call value of 492,183,000,000  versus a total put value of  174,000,000 Combined total value = 492,357,000,000

Strike  855  has a total call value of 525,498,750,000  versus a total put value of  130,500,000 Combined total value = 525,629,250,000

Strike  860  has a total call value of 558,814,500,000  versus a total put value of  87,000,000 Combined total value = 558,901,500,000

Strike  865  has a total call value of 593,244,750,000  versus a total put value of  43,500,000 Combined total value = 593,288,250,000

Strike  870  has a total call value of 627,675,000,000  versus a total put value of  0 Combined total value = 627,675,000,000

Strike  875  has a total call value of 663,090,750,000  versus a total put value of  0 Combined total value = 663,090,750,000

Strike  880  has a total call value of 698,506,500,000  versus a total put value of  0 Combined total value = 698,506,500,000

Strike  885  has a total call value of 734,330,250,000  versus a total put value of  0 Combined total value = 734,330,250,000

Strike  890  has a total call value of 770,154,000,000  versus a total put value of  0 Combined total value = 770,154,000,000

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.