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TATACONSUM
TATA CONSUMER PRODUCT LTD

1213.65 -9.94 (-0.81%)

Max pain for TATACONSUM

26 Jul 2024 04:12 PM IST

Max Pain for TATACONSUM is 1205  



Strike  928.45  has a total call value of 0  versus a total put value of  72,459,403,200 Combined total value = 72,459,403,200

Strike  938.35  has a total call value of 0  versus a total put value of  69,652,349,280 Combined total value = 69,652,349,280

Strike  948.2  has a total call value of 0  versus a total put value of  66,859,472,400 Combined total value = 66,859,472,400

Strike  958.1  has a total call value of 0  versus a total put value of  64,052,418,480 Combined total value = 64,052,418,480

Strike  967.95  has a total call value of 0  versus a total put value of  61,259,541,600 Combined total value = 61,259,541,600

Strike  977.85  has a total call value of 0  versus a total put value of  58,452,487,680 Combined total value = 58,452,487,680

Strike  987.7  has a total call value of 0  versus a total put value of  55,659,610,800 Combined total value = 55,659,610,800

Strike  997.6  has a total call value of 0  versus a total put value of  52,852,556,880 Combined total value = 52,852,556,880

Strike  1007.5  has a total call value of 0  versus a total put value of  50,045,502,960 Combined total value = 50,045,502,960

Strike  1017.35  has a total call value of 0  versus a total put value of  47,252,626,080 Combined total value = 47,252,626,080

Strike  1027.25  has a total call value of 0  versus a total put value of  44,445,572,160 Combined total value = 44,445,572,160

Strike  1037.1  has a total call value of 0  versus a total put value of  41,652,695,280 Combined total value = 41,652,695,280

Strike  1047  has a total call value of 0  versus a total put value of  38,845,641,360 Combined total value = 38,845,641,360

Strike  1056.85  has a total call value of 0  versus a total put value of  36,052,764,480 Combined total value = 36,052,764,480

Strike  1066.75  has a total call value of 0  versus a total put value of  33,245,710,560 Combined total value = 33,245,710,560

Strike  1076.6  has a total call value of 0  versus a total put value of  30,452,833,680 Combined total value = 30,452,833,680

Strike  1086.5  has a total call value of 0  versus a total put value of  27,645,779,760 Combined total value = 27,645,779,760

Strike  1096.35  has a total call value of 70,518,120  versus a total put value of  24,969,235,320 Combined total value = 25,039,753,440

Strike  1106.25  has a total call value of 141,394,200  versus a total put value of  22,279,104,360 Combined total value = 22,420,498,560

Strike  1116.15  has a total call value of 212,270,280  versus a total put value of  19,602,065,160 Combined total value = 19,814,335,440

Strike  1126  has a total call value of 282,788,400  versus a total put value of  16,938,546,360 Combined total value = 17,221,334,760

Strike  1135.9  has a total call value of 355,921,680  versus a total put value of  14,344,120,680 Combined total value = 14,700,042,360

Strike  1145.75  has a total call value of 496,508,760  versus a total put value of  11,924,944,920 Combined total value = 12,421,453,680

Strike  1155.65  has a total call value of 637,809,480  versus a total put value of  9,554,433,480 Combined total value = 10,192,242,960

Strike  1165.5  has a total call value of 782,888,160  versus a total put value of  7,308,633,480 Combined total value = 8,091,521,640

Strike  1175.4  has a total call value of 944,503,680  versus a total put value of  5,332,680,600 Combined total value = 6,277,184,280

Strike  1185.25  has a total call value of 1,120,574,400  versus a total put value of  3,617,787,720 Combined total value = 4,738,362,120

Strike  1195.15  has a total call value of 1,418,073,360  versus a total put value of  2,282,428,200 Combined total value = 3,700,501,560

Strike  1205  has a total call value of 1,771,113,120  versus a total put value of  1,005,466,320 Combined total value = 2,776,579,440

Strike  1214.9  has a total call value of 2,614,403,040  versus a total put value of  172,559,520 Combined total value = 2,786,962,560

Strike  1224.8  has a total call value of 3,768,283,680  versus a total put value of  104,843,520 Combined total value = 3,873,127,200

Strike  1234.65  has a total call value of 5,111,272,080  versus a total put value of  37,469,520 Combined total value = 5,148,741,600

Strike  1244.55  has a total call value of 6,854,281,920  versus a total put value of  0 Combined total value = 6,854,281,920

Strike  1254.4  has a total call value of 8,774,890,080  versus a total put value of  0 Combined total value = 8,774,890,080

Strike  1264.3  has a total call value of 10,942,253,520  versus a total put value of  0 Combined total value = 10,942,253,520

Strike  1274.15  has a total call value of 13,268,004,000  versus a total put value of  0 Combined total value = 13,268,004,000

Strike  1284.05  has a total call value of 15,628,583,760  versus a total put value of  0 Combined total value = 15,628,583,760

Strike  1293.9  has a total call value of 18,277,280,280  versus a total put value of  0 Combined total value = 18,277,280,280

Strike  1303.8  has a total call value of 20,939,421,960  versus a total put value of  0 Combined total value = 20,939,421,960

Strike  1313.65  has a total call value of 23,807,757,720  versus a total put value of  0 Combined total value = 23,807,757,720

Strike  1323.55  has a total call value of 26,690,653,560  versus a total put value of  0 Combined total value = 26,690,653,560

Strike  1333.45  has a total call value of 29,639,459,640  versus a total put value of  0 Combined total value = 29,639,459,640

Strike  1343.3  has a total call value of 32,596,729,080  versus a total put value of  0 Combined total value = 32,596,729,080

Strike  1353.2  has a total call value of 35,634,468,840  versus a total put value of  0 Combined total value = 35,634,468,840

Strike  1363.05  has a total call value of 38,676,629,520  versus a total put value of  0 Combined total value = 38,676,629,520

Strike  1372.95  has a total call value of 41,734,232,640  versus a total put value of  0 Combined total value = 41,734,232,640

Strike  1382.8  has a total call value of 44,776,393,320  versus a total put value of  0 Combined total value = 44,776,393,320

Strike  1392.7  has a total call value of 47,873,271,720  versus a total put value of  0 Combined total value = 47,873,271,720

Strike  1402.55  has a total call value of 50,954,509,320  versus a total put value of  0 Combined total value = 50,954,509,320

All Max-Pain Table

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.