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

773.3 4.15 (0.54%)


Strike  510  has a total call value of 0  versus a total put value of  580,336,500,000 Combined total value = 580,336,500,000

Strike  515  has a total call value of 12,750,000  versus a total put value of  566,310,750,000 Combined total value = 566,323,500,000

Strike  520  has a total call value of 25,500,000  versus a total put value of  552,285,000,000 Combined total value = 552,310,500,000

Strike  525  has a total call value of 38,250,000  versus a total put value of  538,259,250,000 Combined total value = 538,297,500,000

Strike  530  has a total call value of 51,000,000  versus a total put value of  524,233,500,000 Combined total value = 524,284,500,000

Strike  535  has a total call value of 63,750,000  versus a total put value of  510,207,750,000 Combined total value = 510,271,500,000

Strike  540  has a total call value of 76,500,000  versus a total put value of  496,182,000,000 Combined total value = 496,258,500,000

Strike  545  has a total call value of 89,250,000  versus a total put value of  482,156,250,000 Combined total value = 482,245,500,000

Strike  550  has a total call value of 102,000,000  versus a total put value of  468,130,500,000 Combined total value = 468,232,500,000

Strike  555  has a total call value of 114,750,000  versus a total put value of  454,104,750,000 Combined total value = 454,219,500,000

Strike  560  has a total call value of 127,500,000  versus a total put value of  440,079,000,000 Combined total value = 440,206,500,000

Strike  565  has a total call value of 140,250,000  versus a total put value of  426,059,250,000 Combined total value = 426,199,500,000

Strike  570  has a total call value of 153,000,000  versus a total put value of  412,039,500,000 Combined total value = 412,192,500,000

Strike  575  has a total call value of 165,750,000  versus a total put value of  398,019,750,000 Combined total value = 398,185,500,000

Strike  580  has a total call value of 178,500,000  versus a total put value of  384,000,000,000 Combined total value = 384,178,500,000

Strike  585  has a total call value of 191,250,000  versus a total put value of  369,980,250,000 Combined total value = 370,171,500,000

Strike  590  has a total call value of 204,000,000  versus a total put value of  355,960,500,000 Combined total value = 356,164,500,000

Strike  595  has a total call value of 216,750,000  versus a total put value of  341,940,750,000 Combined total value = 342,157,500,000

Strike  600  has a total call value of 229,500,000  versus a total put value of  327,921,000,000 Combined total value = 328,150,500,000

Strike  605  has a total call value of 282,000,000  versus a total put value of  314,588,250,000 Combined total value = 314,870,250,000

Strike  610  has a total call value of 334,500,000  versus a total put value of  301,256,250,000 Combined total value = 301,590,750,000

Strike  615  has a total call value of 387,000,000  versus a total put value of  287,924,250,000 Combined total value = 288,311,250,000

Strike  620  has a total call value of 439,500,000  versus a total put value of  274,593,750,000 Combined total value = 275,033,250,000

Strike  625  has a total call value of 492,000,000  versus a total put value of  261,524,250,000 Combined total value = 262,016,250,000

Strike  630  has a total call value of 544,500,000  versus a total put value of  248,454,750,000 Combined total value = 248,999,250,000

Strike  635  has a total call value of 597,000,000  versus a total put value of  235,465,500,000 Combined total value = 236,062,500,000

Strike  640  has a total call value of 649,500,000  versus a total put value of  222,476,250,000 Combined total value = 223,125,750,000

Strike  645  has a total call value of 702,000,000  versus a total put value of  209,613,750,000 Combined total value = 210,315,750,000

Strike  650  has a total call value of 754,500,000  versus a total put value of  196,751,250,000 Combined total value = 197,505,750,000

Strike  655  has a total call value of 807,000,000  versus a total put value of  184,668,750,000 Combined total value = 185,475,750,000

Strike  660  has a total call value of 859,500,000  versus a total put value of  172,586,250,000 Combined total value = 173,445,750,000

Strike  665  has a total call value of 937,500,000  versus a total put value of  160,703,250,000 Combined total value = 161,640,750,000

Strike  670  has a total call value of 1,015,500,000  versus a total put value of  148,820,250,000 Combined total value = 149,835,750,000

Strike  675  has a total call value of 1,118,250,000  versus a total put value of  137,196,000,000 Combined total value = 138,314,250,000

Strike  680  has a total call value of 1,221,000,000  versus a total put value of  125,571,750,000 Combined total value = 126,792,750,000

Strike  685  has a total call value of 1,323,750,000  versus a total put value of  114,565,500,000 Combined total value = 115,889,250,000

Strike  690  has a total call value of 1,426,500,000  versus a total put value of  103,596,750,000 Combined total value = 105,023,250,000

Strike  695  has a total call value of 1,529,250,000  versus a total put value of  92,886,750,000 Combined total value = 94,416,000,000

Strike  700  has a total call value of 1,632,000,000  versus a total put value of  82,232,250,000 Combined total value = 83,864,250,000

Strike  705  has a total call value of 2,277,000,000  versus a total put value of  73,635,000,000 Combined total value = 75,912,000,000

Strike  710  has a total call value of 2,922,000,000  versus a total put value of  65,145,750,000 Combined total value = 68,067,750,000

Strike  715  has a total call value of 3,567,000,000  versus a total put value of  57,216,750,000 Combined total value = 60,783,750,000

Strike  720  has a total call value of 4,212,000,000  versus a total put value of  49,374,000,000 Combined total value = 53,586,000,000

Strike  725  has a total call value of 5,142,000,000  versus a total put value of  42,557,250,000 Combined total value = 47,699,250,000

Strike  730  has a total call value of 6,103,500,000  versus a total put value of  35,870,250,000 Combined total value = 41,973,750,000

Strike  735  has a total call value of 7,252,500,000  versus a total put value of  29,785,500,000 Combined total value = 37,038,000,000

Strike  740  has a total call value of 8,419,500,000  versus a total put value of  23,834,250,000 Combined total value = 32,253,750,000

Strike  745  has a total call value of 9,956,250,000  versus a total put value of  18,754,500,000 Combined total value = 28,710,750,000

Strike  750  has a total call value of 11,613,750,000  versus a total put value of  13,878,750,000 Combined total value = 25,492,500,000

Strike  755  has a total call value of 14,679,000,000  versus a total put value of  10,799,250,000 Combined total value = 25,478,250,000

Strike  760  has a total call value of 18,018,000,000  versus a total put value of  7,958,250,000 Combined total value = 25,976,250,000

Strike  765  has a total call value of 22,561,500,000  versus a total put value of  5,984,250,000 Combined total value = 28,545,750,000

Strike  770  has a total call value of 27,375,000,000  versus a total put value of  4,194,750,000 Combined total value = 31,569,750,000

Strike  775  has a total call value of 33,651,000,000  versus a total put value of  3,210,000,000 Combined total value = 36,861,000,000

Strike  780  has a total call value of 40,506,000,000  versus a total put value of  2,376,000,000 Combined total value = 42,882,000,000

Strike  785  has a total call value of 49,047,000,000  versus a total put value of  1,924,500,000 Combined total value = 50,971,500,000

Strike  790  has a total call value of 57,761,250,000  versus a total put value of  1,503,000,000 Combined total value = 59,264,250,000

Strike  795  has a total call value of 67,050,000,000  versus a total put value of  1,132,500,000 Combined total value = 68,182,500,000

Strike  800  has a total call value of 76,433,250,000  versus a total put value of  762,000,000 Combined total value = 77,195,250,000

Strike  805  has a total call value of 89,112,750,000  versus a total put value of  669,750,000 Combined total value = 89,782,500,000

Strike  810  has a total call value of 101,965,500,000  versus a total put value of  577,500,000 Combined total value = 102,543,000,000

Strike  815  has a total call value of 115,421,250,000  versus a total put value of  485,250,000 Combined total value = 115,906,500,000

Strike  820  has a total call value of 128,994,000,000  versus a total put value of  393,000,000 Combined total value = 129,387,000,000

Strike  825  has a total call value of 143,682,750,000  versus a total put value of  339,000,000 Combined total value = 144,021,750,000

Strike  830  has a total call value of 158,565,750,000  versus a total put value of  285,000,000 Combined total value = 158,850,750,000

Strike  835  has a total call value of 173,992,500,000  versus a total put value of  231,000,000 Combined total value = 174,223,500,000

Strike  840  has a total call value of 189,419,250,000  versus a total put value of  177,000,000 Combined total value = 189,596,250,000

Strike  845  has a total call value of 205,296,750,000  versus a total put value of  123,000,000 Combined total value = 205,419,750,000

Strike  850  has a total call value of 221,174,250,000  versus a total put value of  69,000,000 Combined total value = 221,243,250,000

Strike  855  has a total call value of 238,251,000,000  versus a total put value of  51,750,000 Combined total value = 238,302,750,000

Strike  860  has a total call value of 255,327,750,000  versus a total put value of  34,500,000 Combined total value = 255,362,250,000

Strike  865  has a total call value of 273,223,500,000  versus a total put value of  17,250,000 Combined total value = 273,240,750,000

Strike  870  has a total call value of 291,119,250,000  versus a total put value of  0 Combined total value = 291,119,250,000

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.