TATACONSUM
Tata Consumer Product Ltd
Max pain for TATACONSUM
18 Sep 2024 04:12 PM IST
Max Pain for TATACONSUM is 1210
Strike 1080 has a total call value of 0 versus a total put value of 43,075,128,000 Combined total value = 43,075,128,000
Strike 1086.5 has a total call value of 0 versus a total put value of 40,574,401,200 Combined total value = 40,574,401,200
Strike 1090 has a total call value of 0 versus a total put value of 39,227,856,000 Combined total value = 39,227,856,000
Strike 1100 has a total call value of 0 versus a total put value of 35,380,584,000 Combined total value = 35,380,584,000
Strike 1106.25 has a total call value of 0 versus a total put value of 33,058,689,000 Combined total value = 33,058,689,000
Strike 1110 has a total call value of 0 versus a total put value of 31,665,552,000 Combined total value = 31,665,552,000
Strike 1120 has a total call value of 0 versus a total put value of 27,978,336,000 Combined total value = 27,978,336,000
Strike 1126 has a total call value of 0 versus a total put value of 25,841,520,000 Combined total value = 25,841,520,000
Strike 1130 has a total call value of 0 versus a total put value of 24,416,976,000 Combined total value = 24,416,976,000
Strike 1140 has a total call value of 0 versus a total put value of 20,895,288,000 Combined total value = 20,895,288,000
Strike 1145.75 has a total call value of 0 versus a total put value of 18,938,489,400 Combined total value = 18,938,489,400
Strike 1150 has a total call value of 0 versus a total put value of 17,492,160,000 Combined total value = 17,492,160,000
Strike 1160 has a total call value of 32,832,000 versus a total put value of 14,259,576,000 Combined total value = 14,292,408,000
Strike 1165.5 has a total call value of 55,905,600 versus a total put value of 12,549,120,000 Combined total value = 12,605,025,600
Strike 1170 has a total call value of 74,784,000 versus a total put value of 11,149,656,000 Combined total value = 11,224,440,000
Strike 1180 has a total call value of 135,432,000 versus a total put value of 8,198,424,000 Combined total value = 8,333,856,000
Strike 1185.25 has a total call value of 218,743,200 versus a total put value of 6,780,697,200 Combined total value = 6,999,440,400
Strike 1190 has a total call value of 294,120,000 versus a total put value of 5,497,992,000 Combined total value = 5,792,112,000
Strike 1200 has a total call value of 624,264,000 versus a total put value of 3,088,032,000 Combined total value = 3,712,296,000
Strike 1205 has a total call value of 1,250,580,000 versus a total put value of 2,365,500,000 Combined total value = 3,616,080,000
Strike 1210 has a total call value of 1,921,356,000 versus a total put value of 1,642,968,000 Combined total value = 3,564,324,000
Strike 1220 has a total call value of 3,779,100,000 versus a total put value of 820,800,000 Combined total value = 4,599,900,000
Strike 1224.8 has a total call value of 5,276,676,960 versus a total put value of 648,541,440 Combined total value = 5,925,218,400
Strike 1230 has a total call value of 6,899,052,000 versus a total put value of 461,928,000 Combined total value = 7,360,980,000
Strike 1240 has a total call value of 10,684,764,000 versus a total put value of 259,920,000 Combined total value = 10,944,684,000
Strike 1244.55 has a total call value of 12,873,263,040 versus a total put value of 209,087,400 Combined total value = 13,082,350,440
Strike 1250 has a total call value of 15,494,652,000 versus a total put value of 148,200,000 Combined total value = 15,642,852,000
Strike 1260 has a total call value of 21,651,564,000 versus a total put value of 101,232,000 Combined total value = 21,752,796,000
Strike 1264.3 has a total call value of 24,463,939,440 versus a total put value of 87,702,480 Combined total value = 24,551,641,920
Strike 1270 has a total call value of 28,191,972,000 versus a total put value of 69,768,000 Combined total value = 28,261,740,000
Strike 1280 has a total call value of 34,855,956,000 versus a total put value of 46,512,000 Combined total value = 34,902,468,000
Strike 1284.05 has a total call value of 37,601,593,560 versus a total put value of 37,093,320 Combined total value = 37,638,686,880
Strike 1290 has a total call value of 41,635,308,000 versus a total put value of 23,256,000 Combined total value = 41,658,564,000
Strike 1300 has a total call value of 48,506,772,000 versus a total put value of 0 Combined total value = 48,506,772,000
Strike 1303.8 has a total call value of 51,284,796,960 versus a total put value of 0 Combined total value = 51,284,796,960
Strike 1310 has a total call value of 55,817,364,000 versus a total put value of 0 Combined total value = 55,817,364,000
Strike 1320 has a total call value of 63,164,892,000 versus a total put value of 0 Combined total value = 63,164,892,000
Strike 1323.55 has a total call value of 65,792,042,520 versus a total put value of 0 Combined total value = 65,792,042,520
Strike 1330 has a total call value of 70,565,316,000 versus a total put value of 0 Combined total value = 70,565,316,000
Strike 1340 has a total call value of 77,965,740,000 versus a total put value of 0 Combined total value = 77,965,740,000
Strike 1343.3 has a total call value of 80,427,442,320 versus a total put value of 0 Combined total value = 80,427,442,320
Strike 1350 has a total call value of 85,425,444,000 versus a total put value of 0 Combined total value = 85,425,444,000
Strike 1360 has a total call value of 92,885,148,000 versus a total put value of 0 Combined total value = 92,885,148,000
Strike 1363.05 has a total call value of 95,172,318,600 versus a total put value of 0 Combined total value = 95,172,318,600
Strike 1370 has a total call value of 100,384,068,000 versus a total put value of 0 Combined total value = 100,384,068,000
Strike 1380 has a total call value of 107,882,988,000 versus a total put value of 0 Combined total value = 107,882,988,000
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.