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

742.5 -7.35 (-0.98%)


Strike  480  has a total call value of 0  versus a total put value of  862,829,250,000 Combined total value = 862,829,250,000

Strike  485  has a total call value of 0  versus a total put value of  840,426,750,000 Combined total value = 840,426,750,000

Strike  490  has a total call value of 0  versus a total put value of  818,025,000,000 Combined total value = 818,025,000,000

Strike  495  has a total call value of 0  versus a total put value of  795,636,750,000 Combined total value = 795,636,750,000

Strike  500  has a total call value of 0  versus a total put value of  773,248,500,000 Combined total value = 773,248,500,000

Strike  505  has a total call value of 71,250,000  versus a total put value of  751,233,750,000 Combined total value = 751,305,000,000

Strike  510  has a total call value of 142,500,000  versus a total put value of  729,219,000,000 Combined total value = 729,361,500,000

Strike  515  has a total call value of 213,750,000  versus a total put value of  707,229,750,000 Combined total value = 707,443,500,000

Strike  520  has a total call value of 285,000,000  versus a total put value of  685,241,250,000 Combined total value = 685,526,250,000

Strike  525  has a total call value of 356,250,000  versus a total put value of  663,562,500,000 Combined total value = 663,918,750,000

Strike  530  has a total call value of 427,500,000  versus a total put value of  641,883,750,000 Combined total value = 642,311,250,000

Strike  535  has a total call value of 498,750,000  versus a total put value of  620,237,250,000 Combined total value = 620,736,000,000

Strike  540  has a total call value of 570,000,000  versus a total put value of  598,596,000,000 Combined total value = 599,166,000,000

Strike  545  has a total call value of 641,250,000  versus a total put value of  577,022,250,000 Combined total value = 577,663,500,000

Strike  550  has a total call value of 712,500,000  versus a total put value of  555,459,000,000 Combined total value = 556,171,500,000

Strike  555  has a total call value of 825,750,000  versus a total put value of  534,213,000,000 Combined total value = 535,038,750,000

Strike  560  has a total call value of 939,000,000  versus a total put value of  512,967,000,000 Combined total value = 513,906,000,000

Strike  565  has a total call value of 1,054,500,000  versus a total put value of  491,913,750,000 Combined total value = 492,968,250,000

Strike  570  has a total call value of 1,170,000,000  versus a total put value of  470,909,250,000 Combined total value = 472,079,250,000

Strike  575  has a total call value of 1,338,000,000  versus a total put value of  450,003,750,000 Combined total value = 451,341,750,000

Strike  580  has a total call value of 1,506,000,000  versus a total put value of  429,144,750,000 Combined total value = 430,650,750,000

Strike  585  has a total call value of 1,758,000,000  versus a total put value of  409,035,000,000 Combined total value = 410,793,000,000

Strike  590  has a total call value of 2,010,000,000  versus a total put value of  388,953,000,000 Combined total value = 390,963,000,000

Strike  595  has a total call value of 2,301,000,000  versus a total put value of  369,327,000,000 Combined total value = 371,628,000,000

Strike  600  has a total call value of 2,592,000,000  versus a total put value of  349,802,250,000 Combined total value = 352,394,250,000

Strike  605  has a total call value of 3,119,250,000  versus a total put value of  331,548,000,000 Combined total value = 334,667,250,000

Strike  610  has a total call value of 3,675,000,000  versus a total put value of  313,371,000,000 Combined total value = 317,046,000,000

Strike  615  has a total call value of 4,341,000,000  versus a total put value of  295,482,000,000 Combined total value = 299,823,000,000

Strike  620  has a total call value of 5,066,250,000  versus a total put value of  277,679,250,000 Combined total value = 282,745,500,000

Strike  625  has a total call value of 5,964,000,000  versus a total put value of  260,649,750,000 Combined total value = 266,613,750,000

Strike  630  has a total call value of 6,948,000,000  versus a total put value of  243,750,750,000 Combined total value = 250,698,750,000

Strike  635  has a total call value of 8,119,500,000  versus a total put value of  227,205,000,000 Combined total value = 235,324,500,000

Strike  640  has a total call value of 9,486,000,000  versus a total put value of  210,827,250,000 Combined total value = 220,313,250,000

Strike  645  has a total call value of 11,260,500,000  versus a total put value of  195,145,500,000 Combined total value = 206,406,000,000

Strike  650  has a total call value of 13,129,500,000  versus a total put value of  179,578,500,000 Combined total value = 192,708,000,000

Strike  655  has a total call value of 17,577,000,000  versus a total put value of  165,546,750,000 Combined total value = 183,123,750,000

Strike  660  has a total call value of 22,159,500,000  versus a total put value of  151,698,750,000 Combined total value = 173,858,250,000

Strike  665  has a total call value of 28,227,000,000  versus a total put value of  138,691,500,000 Combined total value = 166,918,500,000

Strike  670  has a total call value of 34,485,000,000  versus a total put value of  125,966,250,000 Combined total value = 160,451,250,000

Strike  675  has a total call value of 41,150,250,000  versus a total put value of  113,827,500,000 Combined total value = 154,977,750,000

Strike  680  has a total call value of 48,086,250,000  versus a total put value of  101,972,250,000 Combined total value = 150,058,500,000

Strike  685  has a total call value of 55,518,000,000  versus a total put value of  91,275,000,000 Combined total value = 146,793,000,000

Strike  690  has a total call value of 63,106,500,000  versus a total put value of  80,752,500,000 Combined total value = 143,859,000,000

Strike  695  has a total call value of 71,391,000,000  versus a total put value of  70,852,500,000 Combined total value = 142,243,500,000

Strike  700  has a total call value of 79,675,500,000  versus a total put value of  61,173,750,000 Combined total value = 140,849,250,000

Strike  705  has a total call value of 88,809,000,000  versus a total put value of  53,670,750,000 Combined total value = 142,479,750,000

Strike  710  has a total call value of 98,121,000,000  versus a total put value of  46,363,500,000 Combined total value = 144,484,500,000

Strike  715  has a total call value of 107,822,250,000  versus a total put value of  39,645,000,000 Combined total value = 147,467,250,000

Strike  720  has a total call value of 117,836,250,000  versus a total put value of  33,237,000,000 Combined total value = 151,073,250,000

Strike  725  has a total call value of 128,285,250,000  versus a total put value of  27,821,250,000 Combined total value = 156,106,500,000

Strike  730  has a total call value of 138,874,500,000  versus a total put value of  22,683,750,000 Combined total value = 161,558,250,000

Strike  735  has a total call value of 151,333,500,000  versus a total put value of  18,525,000,000 Combined total value = 169,858,500,000

Strike  740  has a total call value of 163,898,250,000  versus a total put value of  14,646,000,000 Combined total value = 178,544,250,000

Strike  745  has a total call value of 177,135,750,000  versus a total put value of  11,619,750,000 Combined total value = 188,755,500,000

Strike  750  has a total call value of 190,695,750,000  versus a total put value of  8,820,000,000 Combined total value = 199,515,750,000

Strike  755  has a total call value of 205,958,250,000  versus a total put value of  6,665,250,000 Combined total value = 212,623,500,000

Strike  760  has a total call value of 221,871,000,000  versus a total put value of  4,728,750,000 Combined total value = 226,599,750,000

Strike  765  has a total call value of 239,655,000,000  versus a total put value of  3,459,750,000 Combined total value = 243,114,750,000

Strike  770  has a total call value of 258,232,500,000  versus a total put value of  2,403,000,000 Combined total value = 260,635,500,000

Strike  775  has a total call value of 278,882,250,000  versus a total put value of  1,764,750,000 Combined total value = 280,647,000,000

Strike  780  has a total call value of 300,075,000,000  versus a total put value of  1,266,000,000 Combined total value = 301,341,000,000

Strike  785  has a total call value of 322,889,250,000  versus a total put value of  978,000,000 Combined total value = 323,867,250,000

Strike  790  has a total call value of 345,972,750,000  versus a total put value of  728,250,000 Combined total value = 346,701,000,000

Strike  795  has a total call value of 369,645,000,000  versus a total put value of  536,250,000 Combined total value = 370,181,250,000

Strike  800  has a total call value of 393,446,250,000  versus a total put value of  344,250,000 Combined total value = 393,790,500,000

Strike  805  has a total call value of 418,929,000,000  versus a total put value of  279,000,000 Combined total value = 419,208,000,000

Strike  810  has a total call value of 444,568,500,000  versus a total put value of  231,750,000 Combined total value = 444,800,250,000

Strike  815  has a total call value of 470,704,500,000  versus a total put value of  194,250,000 Combined total value = 470,898,750,000

Strike  820  has a total call value of 496,895,250,000  versus a total put value of  156,750,000 Combined total value = 497,052,000,000

Strike  825  has a total call value of 523,647,000,000  versus a total put value of  132,750,000 Combined total value = 523,779,750,000

Strike  830  has a total call value of 550,416,000,000  versus a total put value of  109,500,000 Combined total value = 550,525,500,000

Strike  835  has a total call value of 577,566,750,000  versus a total put value of  86,250,000 Combined total value = 577,653,000,000

Strike  840  has a total call value of 604,717,500,000  versus a total put value of  63,000,000 Combined total value = 604,780,500,000

Strike  845  has a total call value of 632,352,000,000  versus a total put value of  47,250,000 Combined total value = 632,399,250,000

Strike  850  has a total call value of 659,986,500,000  versus a total put value of  31,500,000 Combined total value = 660,018,000,000

Strike  855  has a total call value of 688,089,750,000  versus a total put value of  15,750,000 Combined total value = 688,105,500,000

Strike  860  has a total call value of 716,193,000,000  versus a total put value of  0 Combined total value = 716,193,000,000

Strike  865  has a total call value of 744,774,000,000  versus a total put value of  0 Combined total value = 744,774,000,000

Strike  870  has a total call value of 773,355,000,000  versus a total put value of  0 Combined total value = 773,355,000,000

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.