TATAMOTORS
TATA MOTORS LIMITED
Max pain for TATAMOTORS
19 Mar 2024 03:52 PM IST
Max Pain for TATAMOTORS is 980
Strike 640 has a total call value of 0 versus a total put value of 1,004,015,100,000 Combined total value = 1,004,015,100,000
Strike 650 has a total call value of 128,250,000 versus a total put value of 970,643,025,000 Combined total value = 970,771,275,000
Strike 660 has a total call value of 256,500,000 versus a total put value of 937,469,025,000 Combined total value = 937,725,525,000
Strike 670 has a total call value of 384,750,000 versus a total put value of 904,295,025,000 Combined total value = 904,679,775,000
Strike 680 has a total call value of 513,000,000 versus a total put value of 871,121,025,000 Combined total value = 871,634,025,000
Strike 690 has a total call value of 675,450,000 versus a total put value of 837,992,625,000 Combined total value = 838,668,075,000
Strike 700 has a total call value of 837,900,000 versus a total put value of 804,864,225,000 Combined total value = 805,702,125,000
Strike 710 has a total call value of 1,031,700,000 versus a total put value of 772,141,950,000 Combined total value = 773,173,650,000
Strike 720 has a total call value of 1,225,500,000 versus a total put value of 739,419,675,000 Combined total value = 740,645,175,000
Strike 730 has a total call value of 1,419,300,000 versus a total put value of 706,697,400,000 Combined total value = 708,116,700,000
Strike 740 has a total call value of 1,613,100,000 versus a total put value of 673,975,125,000 Combined total value = 675,588,225,000
Strike 750 has a total call value of 1,806,900,000 versus a total put value of 641,252,850,000 Combined total value = 643,059,750,000
Strike 760 has a total call value of 2,040,600,000 versus a total put value of 608,731,500,000 Combined total value = 610,772,100,000
Strike 770 has a total call value of 2,274,300,000 versus a total put value of 576,210,150,000 Combined total value = 578,484,450,000
Strike 780 has a total call value of 2,512,275,000 versus a total put value of 543,724,425,000 Combined total value = 546,236,700,000
Strike 790 has a total call value of 2,755,950,000 versus a total put value of 511,307,100,000 Combined total value = 514,063,050,000
Strike 800 has a total call value of 2,999,625,000 versus a total put value of 478,909,725,000 Combined total value = 481,909,350,000
Strike 810 has a total call value of 3,442,800,000 versus a total put value of 447,273,300,000 Combined total value = 450,716,100,000
Strike 820 has a total call value of 3,885,975,000 versus a total put value of 415,716,675,000 Combined total value = 419,602,650,000
Strike 830 has a total call value of 4,329,150,000 versus a total put value of 384,316,800,000 Combined total value = 388,645,950,000
Strike 840 has a total call value of 4,772,325,000 versus a total put value of 353,112,150,000 Combined total value = 357,884,475,000
Strike 850 has a total call value of 5,215,500,000 versus a total put value of 322,279,425,000 Combined total value = 327,494,925,000
Strike 860 has a total call value of 5,853,900,000 versus a total put value of 293,066,925,000 Combined total value = 298,920,825,000
Strike 870 has a total call value of 6,492,300,000 versus a total put value of 264,260,550,000 Combined total value = 270,752,850,000
Strike 880 has a total call value of 7,130,700,000 versus a total put value of 235,908,750,000 Combined total value = 243,039,450,000
Strike 890 has a total call value of 7,769,100,000 versus a total put value of 208,501,725,000 Combined total value = 216,270,825,000
Strike 900 has a total call value of 8,407,500,000 versus a total put value of 181,688,925,000 Combined total value = 190,096,425,000
Strike 910 has a total call value of 9,480,525,000 versus a total put value of 157,897,125,000 Combined total value = 167,377,650,000
Strike 920 has a total call value of 10,621,950,000 versus a total put value of 134,911,875,000 Combined total value = 145,533,825,000
Strike 930 has a total call value of 11,904,450,000 versus a total put value of 113,551,125,000 Combined total value = 125,455,575,000
Strike 940 has a total call value of 13,417,800,000 versus a total put value of 93,760,725,000 Combined total value = 107,178,525,000
Strike 950 has a total call value of 15,398,550,000 versus a total put value of 75,687,450,000 Combined total value = 91,086,000,000
Strike 960 has a total call value of 19,120,650,000 versus a total put value of 61,386,150,000 Combined total value = 80,506,800,000
Strike 970 has a total call value of 25,248,150,000 versus a total put value of 49,424,700,000 Combined total value = 74,672,850,000
Strike 980 has a total call value of 34,425,150,000 versus a total put value of 38,898,225,000 Combined total value = 73,323,375,000
Strike 990 has a total call value of 47,743,200,000 versus a total put value of 29,364,975,000 Combined total value = 77,108,175,000
Strike 1000 has a total call value of 63,973,950,000 versus a total put value of 20,581,275,000 Combined total value = 84,555,225,000
Strike 1010 has a total call value of 90,203,925,000 versus a total put value of 15,368,625,000 Combined total value = 105,572,550,000
Strike 1020 has a total call value of 118,538,625,000 versus a total put value of 11,020,950,000 Combined total value = 129,559,575,000
Strike 1030 has a total call value of 151,852,275,000 versus a total put value of 7,712,100,000 Combined total value = 159,564,375,000
Strike 1040 has a total call value of 188,913,675,000 versus a total put value of 5,010,300,000 Combined total value = 193,923,975,000
Strike 1050 has a total call value of 230,023,500,000 versus a total put value of 2,924,100,000 Combined total value = 232,947,600,000
Strike 1060 has a total call value of 279,761,700,000 versus a total put value of 1,935,150,000 Combined total value = 281,696,850,000
Strike 1070 has a total call value of 332,976,900,000 versus a total put value of 1,301,025,000 Combined total value = 334,277,925,000
Strike 1080 has a total call value of 388,419,375,000 versus a total put value of 880,650,000 Combined total value = 389,300,025,000
Strike 1090 has a total call value of 447,190,650,000 versus a total put value of 460,275,000 Combined total value = 447,650,925,000
Strike 1100 has a total call value of 506,872,500,000 versus a total put value of 39,900,000 Combined total value = 506,912,400,000
Strike 1110 has a total call value of 579,727,050,000 versus a total put value of 0 Combined total value = 579,727,050,000
Strike 1120 has a total call value of 653,259,900,000 versus a total put value of 0 Combined total value = 653,259,900,000
Strike 1130 has a total call value of 728,035,350,000 versus a total put value of 0 Combined total value = 728,035,350,000
Strike 1140 has a total call value of 803,625,900,000 versus a total put value of 0 Combined total value = 803,625,900,000
Strike 1150 has a total call value of 879,834,900,000 versus a total put value of 0 Combined total value = 879,834,900,000
Strike 1160 has a total call value of 958,181,400,000 versus a total put value of 0 Combined total value = 958,181,400,000
Strike 1170 has a total call value of 1,037,217,600,000 versus a total put value of 0 Combined total value = 1,037,217,600,000
Strike 1180 has a total call value of 1,116,883,650,000 versus a total put value of 0 Combined total value = 1,116,883,650,000
Max Pain - Choose a symbol
Index
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B
C
D
E
G
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I
J
L
M
N
O
P
R
S
T
U
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.