TATACHEM
TATA CHEMICALS LTD
Max pain for TATACHEM
19 Mar 2024 12:36 PM IST
Max Pain for TATACHEM is 1150
Strike 850 has a total call value of 0 versus a total put value of 63,468,350,000 Combined total value = 63,468,350,000
Strike 860 has a total call value of 0 versus a total put value of 60,750,800,000 Combined total value = 60,750,800,000
Strike 870 has a total call value of 0 versus a total put value of 58,033,250,000 Combined total value = 58,033,250,000
Strike 880 has a total call value of 0 versus a total put value of 55,315,700,000 Combined total value = 55,315,700,000
Strike 890 has a total call value of 6,600,000 versus a total put value of 52,598,150,000 Combined total value = 52,604,750,000
Strike 900 has a total call value of 13,750,000 versus a total put value of 49,880,600,000 Combined total value = 49,894,350,000
Strike 910 has a total call value of 39,050,000 versus a total put value of 47,163,050,000 Combined total value = 47,202,100,000
Strike 920 has a total call value of 66,000,000 versus a total put value of 44,445,500,000 Combined total value = 44,511,500,000
Strike 930 has a total call value of 96,250,000 versus a total put value of 41,727,950,000 Combined total value = 41,824,200,000
Strike 940 has a total call value of 133,100,000 versus a total put value of 39,050,000,000 Combined total value = 39,183,100,000
Strike 950 has a total call value of 194,700,000 versus a total put value of 36,372,050,000 Combined total value = 36,566,750,000
Strike 960 has a total call value of 256,300,000 versus a total put value of 33,866,800,000 Combined total value = 34,123,100,000
Strike 970 has a total call value of 317,900,000 versus a total put value of 31,417,100,000 Combined total value = 31,735,000,000
Strike 980 has a total call value of 379,500,000 versus a total put value of 29,032,850,000 Combined total value = 29,412,350,000
Strike 990 has a total call value of 441,100,000 versus a total put value of 26,648,600,000 Combined total value = 27,089,700,000
Strike 1000 has a total call value of 521,400,000 versus a total put value of 24,264,350,000 Combined total value = 24,785,750,000
Strike 1010 has a total call value of 832,700,000 versus a total put value of 22,466,400,000 Combined total value = 23,299,100,000
Strike 1020 has a total call value of 1,179,200,000 versus a total put value of 20,668,450,000 Combined total value = 21,847,650,000
Strike 1030 has a total call value of 1,604,900,000 versus a total put value of 19,030,550,000 Combined total value = 20,635,450,000
Strike 1040 has a total call value of 2,030,600,000 versus a total put value of 17,392,650,000 Combined total value = 19,423,250,000
Strike 1050 has a total call value of 2,456,300,000 versus a total put value of 15,754,750,000 Combined total value = 18,211,050,000
Strike 1060 has a total call value of 3,056,350,000 versus a total put value of 14,408,350,000 Combined total value = 17,464,700,000
Strike 1070 has a total call value of 3,656,400,000 versus a total put value of 13,061,950,000 Combined total value = 16,718,350,000
Strike 1080 has a total call value of 4,256,450,000 versus a total put value of 11,715,550,000 Combined total value = 15,972,000,000
Strike 1090 has a total call value of 4,856,500,000 versus a total put value of 10,369,150,000 Combined total value = 15,225,650,000
Strike 1100 has a total call value of 5,456,550,000 versus a total put value of 9,022,750,000 Combined total value = 14,479,300,000
Strike 1110 has a total call value of 6,056,600,000 versus a total put value of 8,116,900,000 Combined total value = 14,173,500,000
Strike 1120 has a total call value of 6,656,650,000 versus a total put value of 7,211,050,000 Combined total value = 13,867,700,000
Strike 1130 has a total call value of 7,256,700,000 versus a total put value of 6,400,900,000 Combined total value = 13,657,600,000
Strike 1140 has a total call value of 7,915,600,000 versus a total put value of 5,590,750,000 Combined total value = 13,506,350,000
Strike 1150 has a total call value of 8,574,500,000 versus a total put value of 4,780,600,000 Combined total value = 13,355,100,000
Strike 1160 has a total call value of 9,430,850,000 versus a total put value of 4,196,500,000 Combined total value = 13,627,350,000
Strike 1170 has a total call value of 10,428,000,000 versus a total put value of 3,612,400,000 Combined total value = 14,040,400,000
Strike 1180 has a total call value of 11,487,850,000 versus a total put value of 3,028,300,000 Combined total value = 14,516,150,000
Strike 1190 has a total call value of 12,671,450,000 versus a total put value of 2,444,200,000 Combined total value = 15,115,650,000
Strike 1200 has a total call value of 13,855,050,000 versus a total put value of 1,860,100,000 Combined total value = 15,715,150,000
Strike 1210 has a total call value of 15,434,100,000 versus a total put value of 1,658,800,000 Combined total value = 17,092,900,000
Strike 1220 has a total call value of 17,013,150,000 versus a total put value of 1,457,500,000 Combined total value = 18,470,650,000
Strike 1230 has a total call value of 18,592,200,000 versus a total put value of 1,256,200,000 Combined total value = 19,848,400,000
Strike 1240 has a total call value of 20,171,250,000 versus a total put value of 1,113,750,000 Combined total value = 21,285,000,000
Strike 1250 has a total call value of 21,750,300,000 versus a total put value of 971,300,000 Combined total value = 22,721,600,000
Strike 1260 has a total call value of 23,537,800,000 versus a total put value of 828,850,000 Combined total value = 24,366,650,000
Strike 1270 has a total call value of 25,400,100,000 versus a total put value of 686,400,000 Combined total value = 26,086,500,000
Strike 1280 has a total call value of 27,262,400,000 versus a total put value of 543,950,000 Combined total value = 27,806,350,000
Strike 1290 has a total call value of 29,124,700,000 versus a total put value of 487,850,000 Combined total value = 29,612,550,000
Strike 1300 has a total call value of 31,095,350,000 versus a total put value of 431,750,000 Combined total value = 31,527,100,000
Strike 1310 has a total call value of 33,922,900,000 versus a total put value of 375,650,000 Combined total value = 34,298,550,000
Strike 1320 has a total call value of 36,865,400,000 versus a total put value of 319,550,000 Combined total value = 37,184,950,000
Strike 1330 has a total call value of 39,807,900,000 versus a total put value of 263,450,000 Combined total value = 40,071,350,000
Strike 1340 has a total call value of 43,010,000,000 versus a total put value of 212,850,000 Combined total value = 43,222,850,000
Strike 1350 has a total call value of 46,806,100,000 versus a total put value of 162,250,000 Combined total value = 46,968,350,000
Strike 1360 has a total call value of 51,169,800,000 versus a total put value of 129,800,000 Combined total value = 51,299,600,000
Strike 1370 has a total call value of 55,657,800,000 versus a total put value of 97,350,000 Combined total value = 55,755,150,000
Strike 1380 has a total call value of 60,198,600,000 versus a total put value of 64,900,000 Combined total value = 60,263,500,000
Strike 1390 has a total call value of 64,807,600,000 versus a total put value of 32,450,000 Combined total value = 64,840,050,000
Strike 1400 has a total call value of 69,416,600,000 versus a total put value of 0 Combined total value = 69,416,600,000
Strike 1410 has a total call value of 74,481,550,000 versus a total put value of 0 Combined total value = 74,481,550,000
Strike 1420 has a total call value of 79,546,500,000 versus a total put value of 0 Combined total value = 79,546,500,000
Strike 1430 has a total call value of 84,611,450,000 versus a total put value of 0 Combined total value = 84,611,450,000
Strike 1440 has a total call value of 89,676,400,000 versus a total put value of 0 Combined total value = 89,676,400,000
Strike 1450 has a total call value of 94,832,650,000 versus a total put value of 0 Combined total value = 94,832,650,000
Strike 1460 has a total call value of 100,146,750,000 versus a total put value of 0 Combined total value = 100,146,750,000
Strike 1470 has a total call value of 105,546,650,000 versus a total put value of 0 Combined total value = 105,546,650,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- 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.