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

769.15 21.05 (2.81%)


Strike  505  has a total call value of 0  versus a total put value of  575,766,750,000 Combined total value = 575,766,750,000

Strike  510  has a total call value of 0  versus a total put value of  562,038,000,000 Combined total value = 562,038,000,000

Strike  515  has a total call value of 12,750,000  versus a total put value of  548,310,000,000 Combined total value = 548,322,750,000

Strike  520  has a total call value of 25,500,000  versus a total put value of  534,582,000,000 Combined total value = 534,607,500,000

Strike  525  has a total call value of 38,250,000  versus a total put value of  520,854,000,000 Combined total value = 520,892,250,000

Strike  530  has a total call value of 51,000,000  versus a total put value of  507,126,000,000 Combined total value = 507,177,000,000

Strike  535  has a total call value of 63,750,000  versus a total put value of  493,398,000,000 Combined total value = 493,461,750,000

Strike  540  has a total call value of 76,500,000  versus a total put value of  479,670,000,000 Combined total value = 479,746,500,000

Strike  545  has a total call value of 89,250,000  versus a total put value of  465,942,000,000 Combined total value = 466,031,250,000

Strike  550  has a total call value of 102,000,000  versus a total put value of  452,214,000,000 Combined total value = 452,316,000,000

Strike  555  has a total call value of 114,750,000  versus a total put value of  438,584,250,000 Combined total value = 438,699,000,000

Strike  560  has a total call value of 127,500,000  versus a total put value of  424,954,500,000 Combined total value = 425,082,000,000

Strike  565  has a total call value of 140,250,000  versus a total put value of  411,330,000,000 Combined total value = 411,470,250,000

Strike  570  has a total call value of 153,000,000  versus a total put value of  397,705,500,000 Combined total value = 397,858,500,000

Strike  575  has a total call value of 165,750,000  versus a total put value of  384,081,000,000 Combined total value = 384,246,750,000

Strike  580  has a total call value of 178,500,000  versus a total put value of  370,456,500,000 Combined total value = 370,635,000,000

Strike  585  has a total call value of 191,250,000  versus a total put value of  356,832,000,000 Combined total value = 357,023,250,000

Strike  590  has a total call value of 204,000,000  versus a total put value of  343,207,500,000 Combined total value = 343,411,500,000

Strike  595  has a total call value of 216,750,000  versus a total put value of  329,583,000,000 Combined total value = 329,799,750,000

Strike  600  has a total call value of 229,500,000  versus a total put value of  315,958,500,000 Combined total value = 316,188,000,000

Strike  605  has a total call value of 282,000,000  versus a total put value of  303,023,250,000 Combined total value = 303,305,250,000

Strike  610  has a total call value of 334,500,000  versus a total put value of  290,088,000,000 Combined total value = 290,422,500,000

Strike  615  has a total call value of 387,000,000  versus a total put value of  277,155,000,000 Combined total value = 277,542,000,000

Strike  620  has a total call value of 439,500,000  versus a total put value of  264,223,500,000 Combined total value = 264,663,000,000

Strike  625  has a total call value of 522,000,000  versus a total put value of  251,552,250,000 Combined total value = 252,074,250,000

Strike  630  has a total call value of 604,500,000  versus a total put value of  238,881,000,000 Combined total value = 239,485,500,000

Strike  635  has a total call value of 726,000,000  versus a total put value of  226,290,000,000 Combined total value = 227,016,000,000

Strike  640  has a total call value of 847,500,000  versus a total put value of  213,699,000,000 Combined total value = 214,546,500,000

Strike  645  has a total call value of 998,250,000  versus a total put value of  201,234,000,000 Combined total value = 202,232,250,000

Strike  650  has a total call value of 1,149,000,000  versus a total put value of  188,769,000,000 Combined total value = 189,918,000,000

Strike  655  has a total call value of 1,407,000,000  versus a total put value of  177,067,500,000 Combined total value = 178,474,500,000

Strike  660  has a total call value of 1,665,000,000  versus a total put value of  165,366,000,000 Combined total value = 167,031,000,000

Strike  665  has a total call value of 1,948,500,000  versus a total put value of  153,867,000,000 Combined total value = 155,815,500,000

Strike  670  has a total call value of 2,232,000,000  versus a total put value of  142,395,000,000 Combined total value = 144,627,000,000

Strike  675  has a total call value of 2,539,500,000  versus a total put value of  131,184,000,000 Combined total value = 133,723,500,000

Strike  680  has a total call value of 2,847,000,000  versus a total put value of  119,987,250,000 Combined total value = 122,834,250,000

Strike  685  has a total call value of 3,232,500,000  versus a total put value of  109,419,000,000 Combined total value = 112,651,500,000

Strike  690  has a total call value of 3,618,000,000  versus a total put value of  98,889,750,000 Combined total value = 102,507,750,000

Strike  695  has a total call value of 4,050,000,000  versus a total put value of  88,638,750,000 Combined total value = 92,688,750,000

Strike  700  has a total call value of 4,482,000,000  versus a total put value of  78,440,250,000 Combined total value = 82,922,250,000

Strike  705  has a total call value of 5,460,000,000  versus a total put value of  70,211,250,000 Combined total value = 75,671,250,000

Strike  710  has a total call value of 6,452,250,000  versus a total put value of  62,118,750,000 Combined total value = 68,571,000,000

Strike  715  has a total call value of 7,565,250,000  versus a total put value of  54,583,500,000 Combined total value = 62,148,750,000

Strike  720  has a total call value of 8,680,500,000  versus a total put value of  47,128,500,000 Combined total value = 55,809,000,000

Strike  725  has a total call value of 10,081,500,000  versus a total put value of  40,681,500,000 Combined total value = 50,763,000,000

Strike  730  has a total call value of 11,514,750,000  versus a total put value of  34,364,250,000 Combined total value = 45,879,000,000

Strike  735  has a total call value of 13,138,500,000  versus a total put value of  28,663,500,000 Combined total value = 41,802,000,000

Strike  740  has a total call value of 14,780,250,000  versus a total put value of  23,085,750,000 Combined total value = 37,866,000,000

Strike  745  has a total call value of 16,848,750,000  versus a total put value of  18,361,500,000 Combined total value = 35,210,250,000

Strike  750  has a total call value of 19,038,750,000  versus a total put value of  13,830,000,000 Combined total value = 32,868,750,000

Strike  755  has a total call value of 22,767,750,000  versus a total put value of  11,013,000,000 Combined total value = 33,780,750,000

Strike  760  has a total call value of 26,778,750,000  versus a total put value of  8,454,000,000 Combined total value = 35,232,750,000

Strike  765  has a total call value of 32,114,250,000  versus a total put value of  6,746,250,000 Combined total value = 38,860,500,000

Strike  770  has a total call value of 37,739,250,000  versus a total put value of  5,226,750,000 Combined total value = 42,966,000,000

Strike  775  has a total call value of 44,795,250,000  versus a total put value of  4,333,500,000 Combined total value = 49,128,750,000

Strike  780  has a total call value of 52,325,250,000  versus a total put value of  3,537,750,000 Combined total value = 55,863,000,000

Strike  785  has a total call value of 61,416,750,000  versus a total put value of  2,954,250,000 Combined total value = 64,371,000,000

Strike  790  has a total call value of 70,632,000,000  versus a total put value of  2,397,000,000 Combined total value = 73,029,000,000

Strike  795  has a total call value of 80,340,000,000  versus a total put value of  1,875,750,000 Combined total value = 82,215,750,000

Strike  800  has a total call value of 90,126,750,000  versus a total put value of  1,372,500,000 Combined total value = 91,499,250,000

Strike  805  has a total call value of 102,967,500,000  versus a total put value of  1,144,500,000 Combined total value = 104,112,000,000

Strike  810  has a total call value of 115,975,500,000  versus a total put value of  933,750,000 Combined total value = 116,909,250,000

Strike  815  has a total call value of 129,495,750,000  versus a total put value of  775,500,000 Combined total value = 130,271,250,000

Strike  820  has a total call value of 143,123,250,000  versus a total put value of  624,000,000 Combined total value = 143,747,250,000

Strike  825  has a total call value of 157,739,250,000  versus a total put value of  510,750,000 Combined total value = 158,250,000,000

Strike  830  has a total call value of 172,538,250,000  versus a total put value of  397,500,000 Combined total value = 172,935,750,000

Strike  835  has a total call value of 187,866,000,000  versus a total put value of  323,250,000 Combined total value = 188,189,250,000

Strike  840  has a total call value of 203,193,750,000  versus a total put value of  249,000,000 Combined total value = 203,442,750,000

Strike  845  has a total call value of 218,952,750,000  versus a total put value of  174,750,000 Combined total value = 219,127,500,000

Strike  850  has a total call value of 234,711,750,000  versus a total put value of  100,500,000 Combined total value = 234,812,250,000

Strike  855  has a total call value of 251,581,500,000  versus a total put value of  63,000,000 Combined total value = 251,644,500,000

Strike  860  has a total call value of 268,451,250,000  versus a total put value of  25,500,000 Combined total value = 268,476,750,000

Strike  865  has a total call value of 286,102,500,000  versus a total put value of  12,750,000 Combined total value = 286,115,250,000

Strike  870  has a total call value of 303,753,750,000  versus a total put value of  0 Combined total value = 303,753,750,000

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.