TATACONSUM
TATA CONSUMER PRODUCTS LIMITED
Max pain for TATACONSUM
25 Sep 2023 10:41 AM IST
Max Pain for TATACONSUM is 865
Strike 725 has a total call value of 0 versus a total put value of 450,558,000 Combined total value = 450,558,000
Strike 730 has a total call value of 40,500 versus a total put value of 431,631,000 Combined total value = 431,671,500
Strike 735 has a total call value of 135,000 versus a total put value of 412,897,500 Combined total value = 413,032,500
Strike 740 has a total call value of 486,000 versus a total put value of 394,416,000 Combined total value = 394,902,000
Strike 745 has a total call value of 1,066,500 versus a total put value of 376,132,500 Combined total value = 377,199,000
Strike 750 has a total call value of 1,647,000 versus a total put value of 357,880,500 Combined total value = 359,527,500
Strike 755 has a total call value of 2,236,500 versus a total put value of 339,840,000 Combined total value = 342,076,500
Strike 760 has a total call value of 2,826,000 versus a total put value of 321,799,500 Combined total value = 324,625,500
Strike 765 has a total call value of 3,415,500 versus a total put value of 303,759,000 Combined total value = 307,174,500
Strike 770 has a total call value of 4,005,000 versus a total put value of 285,718,500 Combined total value = 289,723,500
Strike 775 has a total call value of 4,594,500 versus a total put value of 267,678,000 Combined total value = 272,272,500
Strike 780 has a total call value of 5,184,000 versus a total put value of 249,637,500 Combined total value = 254,821,500
Strike 785 has a total call value of 5,773,500 versus a total put value of 231,718,500 Combined total value = 237,492,000
Strike 790 has a total call value of 6,363,000 versus a total put value of 213,853,500 Combined total value = 220,216,500
Strike 795 has a total call value of 6,952,500 versus a total put value of 196,209,000 Combined total value = 203,161,500
Strike 800 has a total call value of 7,542,000 versus a total put value of 178,618,500 Combined total value = 186,160,500
Strike 805 has a total call value of 8,208,000 versus a total put value of 162,396,000 Combined total value = 170,604,000
Strike 810 has a total call value of 8,874,000 versus a total put value of 146,367,000 Combined total value = 155,241,000
Strike 815 has a total call value of 9,562,500 versus a total put value of 130,693,500 Combined total value = 140,256,000
Strike 820 has a total call value of 10,251,000 versus a total put value of 115,312,500 Combined total value = 125,563,500
Strike 825 has a total call value of 11,110,500 versus a total put value of 101,506,500 Combined total value = 112,617,000
Strike 830 has a total call value of 12,217,500 versus a total put value of 87,925,500 Combined total value = 100,143,000
Strike 835 has a total call value of 14,031,000 versus a total put value of 75,222,000 Combined total value = 89,253,000
Strike 840 has a total call value of 16,785,000 versus a total put value of 62,968,500 Combined total value = 79,753,500
Strike 845 has a total call value of 19,746,000 versus a total put value of 52,002,000 Combined total value = 71,748,000
Strike 850 has a total call value of 22,792,500 versus a total put value of 41,755,500 Combined total value = 64,548,000
Strike 855 has a total call value of 27,405,000 versus a total put value of 33,552,000 Combined total value = 60,957,000
Strike 860 has a total call value of 32,148,000 versus a total put value of 26,226,000 Combined total value = 58,374,000
Strike 865 has a total call value of 37,485,000 versus a total put value of 20,241,000 Combined total value = 57,726,000
Strike 870 has a total call value of 43,416,000 versus a total put value of 14,926,500 Combined total value = 58,342,500
Strike 875 has a total call value of 50,841,000 versus a total put value of 10,692,000 Combined total value = 61,533,000
Strike 880 has a total call value of 58,774,500 versus a total put value of 6,997,500 Combined total value = 65,772,000
Strike 885 has a total call value of 69,385,500 versus a total put value of 4,662,000 Combined total value = 74,047,500
Strike 890 has a total call value of 81,261,000 versus a total put value of 2,920,500 Combined total value = 84,181,500
Strike 895 has a total call value of 98,001,000 versus a total put value of 1,935,000 Combined total value = 99,936,000
Strike 900 has a total call value of 115,956,000 versus a total put value of 1,143,000 Combined total value = 117,099,000
Strike 905 has a total call value of 144,877,500 versus a total put value of 828,000 Combined total value = 145,705,500
Strike 910 has a total call value of 174,892,500 versus a total put value of 553,500 Combined total value = 175,446,000
Strike 915 has a total call value of 206,847,000 versus a total put value of 355,500 Combined total value = 207,202,500
Strike 920 has a total call value of 239,265,000 versus a total put value of 184,500 Combined total value = 239,449,500
Strike 925 has a total call value of 273,015,000 versus a total put value of 85,500 Combined total value = 273,100,500
Strike 930 has a total call value of 307,089,000 versus a total put value of 36,000 Combined total value = 307,125,000
Strike 935 has a total call value of 342,274,500 versus a total put value of 18,000 Combined total value = 342,292,500
Strike 940 has a total call value of 377,662,500 versus a total put value of 0 Combined total value = 377,662,500
Strike 945 has a total call value of 413,739,000 versus a total put value of 0 Combined total value = 413,739,000
Strike 950 has a total call value of 449,914,500 versus a total put value of 0 Combined total value = 449,914,500
Strike 955 has a total call value of 487,885,500 versus a total put value of 0 Combined total value = 487,885,500
Strike 960 has a total call value of 525,906,000 versus a total put value of 0 Combined total value = 525,906,000
Strike 965 has a total call value of 564,520,500 versus a total put value of 0 Combined total value = 564,520,500
Strike 970 has a total call value of 603,292,500 versus a total put value of 0 Combined total value = 603,292,500
Strike 975 has a total call value of 642,555,000 versus a total put value of 0 Combined total value = 642,555,000
Strike 980 has a total call value of 681,966,000 versus a total put value of 0 Combined total value = 681,966,000
Strike 985 has a total call value of 721,962,000 versus a total put value of 0 Combined total value = 721,962,000
Strike 990 has a total call value of 761,958,000 versus a total put value of 0 Combined total value = 761,958,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.