TATACONSUM
TATA CONSUMER PRODUCT LTD
Max pain for TATACONSUM
19 Mar 2024 10:35 AM IST
Max Pain for TATACONSUM is 1200
Strike 890 has a total call value of 0 versus a total put value of 99,199,800,000 Combined total value = 99,199,800,000
Strike 900 has a total call value of 146,700,000 versus a total put value of 95,686,200,000 Combined total value = 95,832,900,000
Strike 910 has a total call value of 293,400,000 versus a total put value of 92,172,600,000 Combined total value = 92,466,000,000
Strike 920 has a total call value of 440,100,000 versus a total put value of 88,659,000,000 Combined total value = 89,099,100,000
Strike 930 has a total call value of 586,800,000 versus a total put value of 85,145,400,000 Combined total value = 85,732,200,000
Strike 940 has a total call value of 733,500,000 versus a total put value of 81,631,800,000 Combined total value = 82,365,300,000
Strike 950 has a total call value of 880,200,000 versus a total put value of 78,118,200,000 Combined total value = 78,998,400,000
Strike 960 has a total call value of 1,026,900,000 versus a total put value of 74,604,600,000 Combined total value = 75,631,500,000
Strike 970 has a total call value of 1,173,600,000 versus a total put value of 71,091,000,000 Combined total value = 72,264,600,000
Strike 980 has a total call value of 1,320,300,000 versus a total put value of 67,577,400,000 Combined total value = 68,897,700,000
Strike 990 has a total call value of 1,467,000,000 versus a total put value of 64,063,800,000 Combined total value = 65,530,800,000
Strike 1000 has a total call value of 1,613,700,000 versus a total put value of 60,550,200,000 Combined total value = 62,163,900,000
Strike 1010 has a total call value of 1,760,400,000 versus a total put value of 57,078,900,000 Combined total value = 58,839,300,000
Strike 1020 has a total call value of 1,926,900,000 versus a total put value of 53,612,100,000 Combined total value = 55,539,000,000
Strike 1030 has a total call value of 2,093,400,000 versus a total put value of 50,154,300,000 Combined total value = 52,247,700,000
Strike 1040 has a total call value of 2,259,900,000 versus a total put value of 46,696,500,000 Combined total value = 48,956,400,000
Strike 1050 has a total call value of 2,426,400,000 versus a total put value of 43,240,500,000 Combined total value = 45,666,900,000
Strike 1060 has a total call value of 2,607,300,000 versus a total put value of 39,845,700,000 Combined total value = 42,453,000,000
Strike 1070 has a total call value of 2,788,200,000 versus a total put value of 36,450,900,000 Combined total value = 39,239,100,000
Strike 1080 has a total call value of 2,969,100,000 versus a total put value of 33,056,100,000 Combined total value = 36,025,200,000
Strike 1090 has a total call value of 3,150,000,000 versus a total put value of 29,661,300,000 Combined total value = 32,811,300,000
Strike 1100 has a total call value of 3,330,900,000 versus a total put value of 26,266,500,000 Combined total value = 29,597,400,000
Strike 1110 has a total call value of 3,545,100,000 versus a total put value of 23,060,700,000 Combined total value = 26,605,800,000
Strike 1120 has a total call value of 3,759,300,000 versus a total put value of 19,881,000,000 Combined total value = 23,640,300,000
Strike 1130 has a total call value of 3,973,500,000 versus a total put value of 16,822,800,000 Combined total value = 20,796,300,000
Strike 1140 has a total call value of 4,187,700,000 versus a total put value of 13,832,100,000 Combined total value = 18,019,800,000
Strike 1150 has a total call value of 4,401,900,000 versus a total put value of 10,932,300,000 Combined total value = 15,334,200,000
Strike 1160 has a total call value of 4,662,000,000 versus a total put value of 8,314,200,000 Combined total value = 12,976,200,000
Strike 1170 has a total call value of 4,979,700,000 versus a total put value of 5,940,900,000 Combined total value = 10,920,600,000
Strike 1180 has a total call value of 5,350,500,000 versus a total put value of 3,956,400,000 Combined total value = 9,306,900,000
Strike 1190 has a total call value of 5,882,400,000 versus a total put value of 2,246,400,000 Combined total value = 8,128,800,000
Strike 1200 has a total call value of 6,612,300,000 versus a total put value of 1,079,100,000 Combined total value = 7,691,400,000
Strike 1210 has a total call value of 8,119,800,000 versus a total put value of 426,600,000 Combined total value = 8,546,400,000
Strike 1220 has a total call value of 9,933,300,000 versus a total put value of 169,200,000 Combined total value = 10,102,500,000
Strike 1230 has a total call value of 12,263,400,000 versus a total put value of 126,900,000 Combined total value = 12,390,300,000
Strike 1240 has a total call value of 15,086,700,000 versus a total put value of 84,600,000 Combined total value = 15,171,300,000
Strike 1250 has a total call value of 18,430,200,000 versus a total put value of 42,300,000 Combined total value = 18,472,500,000
Strike 1260 has a total call value of 22,418,100,000 versus a total put value of 0 Combined total value = 22,418,100,000
Strike 1270 has a total call value of 26,873,100,000 versus a total put value of 0 Combined total value = 26,873,100,000
Strike 1280 has a total call value of 31,669,200,000 versus a total put value of 0 Combined total value = 31,669,200,000
Strike 1290 has a total call value of 36,697,500,000 versus a total put value of 0 Combined total value = 36,697,500,000
Strike 1300 has a total call value of 41,869,800,000 versus a total put value of 0 Combined total value = 41,869,800,000
Strike 1310 has a total call value of 48,098,700,000 versus a total put value of 0 Combined total value = 48,098,700,000
Strike 1320 has a total call value of 54,370,800,000 versus a total put value of 0 Combined total value = 54,370,800,000
Strike 1330 has a total call value of 60,779,700,000 versus a total put value of 0 Combined total value = 60,779,700,000
Strike 1340 has a total call value of 67,247,100,000 versus a total put value of 0 Combined total value = 67,247,100,000
Strike 1350 has a total call value of 73,836,000,000 versus a total put value of 0 Combined total value = 73,836,000,000
Strike 1360 has a total call value of 80,534,700,000 versus a total put value of 0 Combined total value = 80,534,700,000
Strike 1370 has a total call value of 87,371,100,000 versus a total put value of 0 Combined total value = 87,371,100,000
Strike 1380 has a total call value of 94,207,500,000 versus a total put value of 0 Combined total value = 94,207,500,000
Strike 1390 has a total call value of 101,304,000,000 versus a total put value of 0 Combined total value = 101,304,000,000
Strike 1400 has a total call value of 108,400,500,000 versus a total put value of 0 Combined total value = 108,400,500,000
Strike 1410 has a total call value of 115,839,000,000 versus a total put value of 0 Combined total value = 115,839,000,000
Strike 1420 has a total call value of 123,277,500,000 versus a total put value of 0 Combined total value = 123,277,500,000
Strike 1430 has a total call value of 130,716,000,000 versus a total put value of 0 Combined total value = 130,716,000,000
Strike 1440 has a total call value of 138,154,500,000 versus a total put value of 0 Combined total value = 138,154,500,000
Max Pain - Choose a symbol
Index
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E
G
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O
P
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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.