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TATACOMM
Tata Communications Ltd

1987 35.20 (1.80%)

Max pain for TATACOMM

11 Oct 2024 10:50 AM IST

Max Pain for TATACOMM is 2000  



Strike  1700  has a total call value of 0  versus a total put value of  24,821,000,000 Combined total value = 24,821,000,000

Strike  1720  has a total call value of 0  versus a total put value of  22,730,000,000 Combined total value = 22,730,000,000

Strike  1740  has a total call value of 0  versus a total put value of  20,639,000,000 Combined total value = 20,639,000,000

Strike  1760  has a total call value of 0  versus a total put value of  18,548,000,000 Combined total value = 18,548,000,000

Strike  1780  has a total call value of 0  versus a total put value of  16,502,000,000 Combined total value = 16,502,000,000

Strike  1800  has a total call value of 0  versus a total put value of  14,456,000,000 Combined total value = 14,456,000,000

Strike  1820  has a total call value of 0  versus a total put value of  12,723,000,000 Combined total value = 12,723,000,000

Strike  1840  has a total call value of 0  versus a total put value of  10,990,000,000 Combined total value = 10,990,000,000

Strike  1860  has a total call value of 0  versus a total put value of  9,356,000,000 Combined total value = 9,356,000,000

Strike  1880  has a total call value of 0  versus a total put value of  7,747,000,000 Combined total value = 7,747,000,000

Strike  1900  has a total call value of 0  versus a total put value of  6,209,000,000 Combined total value = 6,209,000,000

Strike  1920  has a total call value of 0  versus a total put value of  5,131,000,000 Combined total value = 5,131,000,000

Strike  1940  has a total call value of 0  versus a total put value of  4,053,000,000 Combined total value = 4,053,000,000

Strike  1960  has a total call value of 16,000,000  versus a total put value of  3,112,000,000 Combined total value = 3,128,000,000

Strike  1980  has a total call value of 84,000,000  versus a total put value of  2,306,000,000 Combined total value = 2,390,000,000

Strike  2000  has a total call value of 301,000,000  versus a total put value of  1,669,000,000 Combined total value = 1,970,000,000

Strike  2020  has a total call value of 1,203,000,000  versus a total put value of  1,373,000,000 Combined total value = 2,576,000,000

Strike  2040  has a total call value of 2,210,000,000  versus a total put value of  1,077,000,000 Combined total value = 3,287,000,000

Strike  2060  has a total call value of 3,331,000,000  versus a total put value of  781,000,000 Combined total value = 4,112,000,000

Strike  2080  has a total call value of 4,698,000,000  versus a total put value of  485,000,000 Combined total value = 5,183,000,000

Strike  2100  has a total call value of 6,200,000,000  versus a total put value of  189,000,000 Combined total value = 6,389,000,000

Strike  2120  has a total call value of 8,447,000,000  versus a total put value of  126,000,000 Combined total value = 8,573,000,000

Strike  2140  has a total call value of 10,755,000,000  versus a total put value of  63,000,000 Combined total value = 10,818,000,000

Strike  2160  has a total call value of 13,257,000,000  versus a total put value of  0 Combined total value = 13,257,000,000

Strike  2180  has a total call value of 16,030,000,000  versus a total put value of  0 Combined total value = 16,030,000,000

Strike  2200  has a total call value of 18,969,000,000  versus a total put value of  0 Combined total value = 18,969,000,000

Strike  2220  has a total call value of 22,978,000,000  versus a total put value of  0 Combined total value = 22,978,000,000

Strike  2240  has a total call value of 26,987,000,000  versus a total put value of  0 Combined total value = 26,987,000,000

Strike  2260  has a total call value of 31,201,000,000  versus a total put value of  0 Combined total value = 31,201,000,000

Strike  2280  has a total call value of 35,494,000,000  versus a total put value of  0 Combined total value = 35,494,000,000

Strike  2300  has a total call value of 39,853,000,000  versus a total put value of  0 Combined total value = 39,853,000,000

Strike  2320  has a total call value of 44,505,000,000  versus a total put value of  0 Combined total value = 44,505,000,000

Strike  2340  has a total call value of 49,157,000,000  versus a total put value of  0 Combined total value = 49,157,000,000

Strike  2360  has a total call value of 53,809,000,000  versus a total put value of  0 Combined total value = 53,809,000,000

Strike  2380  has a total call value of 58,668,000,000  versus a total put value of  0 Combined total value = 58,668,000,000

Strike  2400  has a total call value of 63,527,000,000  versus a total put value of  0 Combined total value = 63,527,000,000

Strike  2420  has a total call value of 68,574,000,000  versus a total put value of  0 Combined total value = 68,574,000,000

Strike  2440  has a total call value of 73,621,000,000  versus a total put value of  0 Combined total value = 73,621,000,000

Strike  2460  has a total call value of 78,668,000,000  versus a total put value of  0 Combined total value = 78,668,000,000

Strike  2480  has a total call value of 83,715,000,000  versus a total put value of  0 Combined total value = 83,715,000,000

All Max-Pain Table


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.