TATAMOTORS
Tata Motors Limited
Max pain for TATAMOTORS
19 Mar 2025 04:11 PM IST
Max Pain for TATAMOTORS is 670
Strike 500 has a total call value of 0 versus a total put value of 433,217,950,000 Combined total value = 433,217,950,000
Strike 510 has a total call value of 21,450,000 versus a total put value of 404,767,550,000 Combined total value = 404,789,000,000
Strike 520 has a total call value of 42,900,000 versus a total put value of 376,317,150,000 Combined total value = 376,360,050,000
Strike 530 has a total call value of 64,350,000 versus a total put value of 348,698,350,000 Combined total value = 348,762,700,000
Strike 540 has a total call value of 85,800,000 versus a total put value of 321,079,550,000 Combined total value = 321,165,350,000
Strike 550 has a total call value of 167,200,000 versus a total put value of 294,021,750,000 Combined total value = 294,188,950,000
Strike 560 has a total call value of 248,600,000 versus a total put value of 267,423,750,000 Combined total value = 267,672,350,000
Strike 570 has a total call value of 374,000,000 versus a total put value of 242,573,100,000 Combined total value = 242,947,100,000
Strike 580 has a total call value of 499,400,000 versus a total put value of 218,313,700,000 Combined total value = 218,813,100,000
Strike 590 has a total call value of 668,800,000 versus a total put value of 194,917,800,000 Combined total value = 195,586,600,000
Strike 600 has a total call value of 838,200,000 versus a total put value of 172,448,650,000 Combined total value = 173,286,850,000
Strike 610 has a total call value of 1,214,400,000 versus a total put value of 152,386,300,000 Combined total value = 153,600,700,000
Strike 620 has a total call value of 1,794,650,000 versus a total put value of 133,391,500,000 Combined total value = 135,186,150,000
Strike 630 has a total call value of 2,904,550,000 versus a total put value of 115,734,850,000 Combined total value = 118,639,400,000
Strike 640 has a total call value of 4,909,850,000 versus a total put value of 99,517,550,000 Combined total value = 104,427,400,000
Strike 650 has a total call value of 8,719,150,000 versus a total put value of 85,197,200,000 Combined total value = 93,916,350,000
Strike 660 has a total call value of 15,219,600,000 versus a total put value of 73,561,950,000 Combined total value = 88,781,550,000
Strike 670 has a total call value of 23,229,800,000 versus a total put value of 64,589,250,000 Combined total value = 87,819,050,000
Strike 680 has a total call value of 33,196,900,000 versus a total put value of 57,559,150,000 Combined total value = 90,756,050,000
Strike 690 has a total call value of 46,051,500,000 versus a total put value of 52,181,250,000 Combined total value = 98,232,750,000
Strike 700 has a total call value of 61,740,250,000 versus a total put value of 47,414,400,000 Combined total value = 109,154,650,000
Strike 710 has a total call value of 85,201,050,000 versus a total put value of 43,808,050,000 Combined total value = 129,009,100,000
Strike 720 has a total call value of 109,887,250,000 versus a total put value of 40,396,400,000 Combined total value = 150,283,650,000
Strike 730 has a total call value of 136,870,800,000 versus a total put value of 37,120,050,000 Combined total value = 173,990,850,000
Strike 740 has a total call value of 165,009,350,000 versus a total put value of 33,879,450,000 Combined total value = 198,888,800,000
Strike 750 has a total call value of 194,025,150,000 versus a total put value of 30,710,350,000 Combined total value = 224,735,500,000
Strike 760 has a total call value of 225,266,800,000 versus a total put value of 27,755,200,000 Combined total value = 253,022,000,000
Strike 770 has a total call value of 258,178,250,000 versus a total put value of 24,929,300,000 Combined total value = 283,107,550,000
Strike 780 has a total call value of 291,350,400,000 versus a total put value of 22,103,400,000 Combined total value = 313,453,800,000
Strike 790 has a total call value of 324,845,400,000 versus a total put value of 19,409,500,000 Combined total value = 344,254,900,000
Strike 800 has a total call value of 358,525,200,000 versus a total put value of 16,715,600,000 Combined total value = 375,240,800,000
Strike 810 has a total call value of 394,601,900,000 versus a total put value of 15,061,750,000 Combined total value = 409,663,650,000
Strike 820 has a total call value of 430,678,600,000 versus a total put value of 13,407,900,000 Combined total value = 444,086,500,000
Strike 830 has a total call value of 466,921,400,000 versus a total put value of 11,754,050,000 Combined total value = 478,675,450,000
Strike 840 has a total call value of 503,164,200,000 versus a total put value of 10,100,200,000 Combined total value = 513,264,400,000
Strike 850 has a total call value of 539,634,150,000 versus a total put value of 8,699,900,000 Combined total value = 548,334,050,000
Strike 860 has a total call value of 576,104,100,000 versus a total put value of 7,299,600,000 Combined total value = 583,403,700,000
Strike 870 has a total call value of 612,574,050,000 versus a total put value of 5,899,300,000 Combined total value = 618,473,350,000
Strike 880 has a total call value of 649,044,000,000 versus a total put value of 4,499,000,000 Combined total value = 653,543,000,000
Strike 890 has a total call value of 685,701,500,000 versus a total put value of 3,374,250,000 Combined total value = 689,075,750,000
Strike 900 has a total call value of 722,359,000,000 versus a total put value of 2,249,500,000 Combined total value = 724,608,500,000
Strike 910 has a total call value of 759,016,500,000 versus a total put value of 1,124,750,000 Combined total value = 760,141,250,000
Strike 920 has a total call value of 795,674,000,000 versus a total put value of 0 Combined total value = 795,674,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 399.35 | 400 |
ABB | 5475.6 | 5300 |
ABCAPITAL | 170.79 | 167.5 |
ABFRL | 251.25 | 250 |
ACC | 1900 | 1880 |
ADANIENSOL | 813.9 | 760 |
ADANIENT | 2318.65 | 2400 |
ADANIGREEN | 911.2 | 860 |
ADANIPORTS | 1173.5 | 1140 |
ALKEM | 4851.8 | 4700 |
AMBUJACEM | 507.05 | 505 |
ANGELONE | 2215.35 | 2100 |
APLAPOLLO | 1492.8 | 1440 |
APOLLOHOSP | 6427.55 | 6300 |
APOLLOTYRE | 425.05 | 420 |
ASHOKLEY | 205.69 | 207.5 |
ASIANPAINT | 2280.7 | 2260 |
ASTRAL | 1261 | 1280 |
ATGL | 622.6 | 600 |
AUBANK | 525.8 | 515 |
AUROPHARMA | 1163.8 | 1140 |
AXISBANK | 1052.05 | 1040 |
BAJAJ-AUTO | 7721.85 | 7700 |
BAJAJFINSV | 1842.25 | 1840 |
BAJFINANCE | 8731.6 | 8600 |
BALKRISIND | 2619.7 | 2560 |
BANDHANBNK | 141.27 | 145 |
BANKBARODA | 213.76 | 212.5 |
BANKINDIA | 103.21 | 100 |
BEL | 290 | 280 |
BERGEPAINT | 501.4 | 500 |
BHARATFORG | 1136 | 1060 |
BHARTIARTL | 1637.15 | 1640 |
BHEL | 205.69 | 200 |
BIOCON | 341.9 | 330 |
BOSCHLTD | 27557.3 | 27000 |
BPCL | 265.26 | 260 |
BRITANNIA | 4707.1 | 4750 |
BSE | 4392.45 | 4400 |
BSOFT | 395.1 | 400 |
CAMS | 3815.95 | 3600 |
CANBK | 85.57 | 85 |
CDSL | 1173.25 | 1120 |
CESC | 147.62 | 140 |
CGPOWER | 663.3 | 620 |
CHAMBLFERT | 586.95 | 570 |
CHOLAFIN | 1513.25 | 1440 |
CIPLA | 1499.15 | 1480 |
COALINDIA | 395.85 | 390 |
COFORGE | 7550.45 | 7500 |
COLPAL | 2413.85 | 2480 |
CONCOR | 684.2 | 680 |
CROMPTON | 360.45 | 350 |
CUMMINSIND | 3002.2 | 2900 |
CYIENT | 1253.75 | 1220 |
DABUR | 495.45 | 500 |
DALBHARAT | 1726.25 | 1700 |
DEEPAKNTR | 2025.4 | 1950 |
DELHIVERY | 260.96 | 255 |
DIVISLAB | 5818.1 | 5700 |
DIXON | 13875.6 | 13500 |
DLF | 697.55 | 680 |
DMART | 3845.2 | 3750 |
DRREDDY | 1172.1 | 1140 |
EICHERMOT | 5100.9 | 5000 |
ESCORTS | 3188.85 | 3100 |
EXIDEIND | 350.15 | 355 |
FEDERALBNK | 186.19 | 182.5 |
GAIL | 165.96 | 165 |
GLENMARK | 1486.7 | 1420 |
GMRAIRPORT | 76.68 | 74 |
GODREJCP | 1074.3 | 1050 |
GODREJPROP | 2104.6 | 2050 |
GRANULES | 496.25 | 490 |
GRASIM | 2458.2 | 2400 |
HAL | 3740.65 | 3550 |
HAVELLS | 1557.95 | 1500 |
HCLTECH | 1544.45 | 1580 |
HDFCAMC | 3975.75 | 3850 |
HDFCBANK | 1744.1 | 1740 |
HDFCLIFE | 664.55 | 630 |
HEROMOTOCO | 3537 | 3600 |
HFCL | 82.01 | 82.5 |
HINDALCO | 698.55 | 670 |
HINDCOPPER | 222.89 | 225 |
HINDPETRO | 328 | 325 |
HINDUNILVR | 2200.05 | 2240 |
HUDCO | 201.08 | 190 |
ICICIBANK | 1313.1 | 1280 |
ICICIGI | 1756.5 | 1720 |
ICICIPRULI | 563 | 560 |
IDEA | 7.44 | 8 |
IDFCFIRSTB | 55.42 | 57 |
IEX | 167.96 | 165 |
IGL | 193.29 | 190 |
IIFL | 330.55 | 320 |
INDHOTEL | 810.6 | 780 |
INDIANB | 525.25 | 510 |
INDIGO | 4980.55 | 4750 |
INDUSINDBK | 692.7 | 750 |
INDUSTOWER | 339.3 | 340 |
INFY | 1586.55 | 1600 |
IOC | 127.75 | 125 |
IRB | 45.5 | 45 |
IRCTC | 717.65 | 710 |
IREDA | 151.87 | 142.5 |
IRFC | 128.11 | 122.5 |
ITC | 403.05 | 405 |
JINDALSTEL | 925 | 900 |
JIOFIN | 228.84 | 225 |
JKCEMENT | 4639.65 | 4500 |
JSL | 655.35 | 650 |
JSWENERGY | 570.75 | 530 |
JSWSTEEL | 1033.35 | 1010 |
JUBLFOOD | 637.4 | 630 |
KALYANKJIL | 453.55 | 440 |
KEI | 3283.25 | 3200 |
KOTAKBANK | 2021.55 | 2000 |
KPITTECH | 1263.1 | 1260 |
LAURUSLABS | 606.1 | 580 |
LICHSGFIN | 549.8 | 530 |
LICI | 776.75 | 770 |
LODHA | 1177.45 | 1140 |
LT | 3319.55 | 3300 |
LTF | 146.3 | 145 |
LTIM | 4365.45 | 4500 |
LTTS | 4647.2 | 4600 |
LUPIN | 2060.95 | 2000 |
M&M | 2789.1 | 2750 |
M&MFIN | 287.15 | 280 |
MANAPPURAM | 213.92 | 200 |
MARICO | 619.1 | 610 |
MARUTI | 11615.55 | 11700 |
MAXHEALTH | 1087.45 | 1060 |
MCX | 5207.85 | 5100 |
MFSL | 1102.2 | 1060 |
MGL | 1332.5 | 1300 |
MOTHERSON | 129.01 | 127.5 |
MPHASIS | 2285.85 | 2300 |
MRF | 109922.8 | 107000 |
MUTHOOTFIN | 2416.45 | 2340 |
NATIONALUM | 186.38 | 190 |
NAUKRI | 6749.4 | 6700 |
NBCC | 83.33 | 80 |
NCC | 196.73 | 190 |
NESTLEIND | 2184 | 2200 |
NHPC | 80.2 | 78 |
NMDC | 68.78 | 67 |
NTPC | 341.3 | 335 |
NYKAA | 164.84 | 165 |
OBEROIRLTY | 1614.25 | 1560 |
OFSS | 7674.85 | 7500 |
OIL | 385.85 | 370 |
ONGC | 232.57 | 230 |
PAGEIND | 41252.45 | 40500 |
PATANJALI | 1748 | 1720 |
PAYTM | 763.1 | 720 |
PEL | 962.35 | 940 |
PERSISTENT | 5280.6 | 5300 |
PETRONET | 297.5 | 290 |
PFC | 403.9 | 400 |
PHOENIXLTD | 1555.65 | 1600 |
PIDILITIND | 2731.85 | 2740 |
PIIND | 3404.95 | 3250 |
PNB | 91.02 | 90 |
POLICYBZR | 1555.75 | 1450 |
POLYCAB | 5438.4 | 5100 |
POONAWALLA | 323.6 | 300 |
POWERGRID | 277.2 | 270 |
PRESTIGE | 1200.75 | 1150 |
RAMCOCEM | 855.95 | 830 |
RBLBANK | 167.23 | 162.5 |
RECLTD | 429.5 | 410 |
RELIANCE | 1247.15 | 1240 |
SAIL | 113.23 | 110 |
SBICARD | 846.5 | 840 |
SBILIFE | 1484.9 | 1440 |
SBIN | 745.1 | 740 |
SHREECEM | 28527.85 | 28000 |
SHRIRAMFIN | 667.95 | 640 |
SIEMENS | 5224.5 | 5000 |
SJVN | 91.71 | 87.5 |
SOLARINDS | 10310.8 | 10000 |
SONACOMS | 507.95 | 500 |
SRF | 3005.35 | 2900 |
SUNPHARMA | 1732.35 | 1680 |
SUPREMEIND | 3429.8 | 3500 |
SYNGENE | 706.05 | 690 |
TATACHEM | 833.1 | 840 |
TATACOMM | 1561.1 | 1500 |
TATACONSUM | 949.85 | 950 |
TATAELXSI | 5366.3 | 5300 |
TATAMOTORS | 682.25 | 670 |
TATAPOWER | 371.45 | 370 |
TATASTEEL | 158.6 | 151 |
TATATECH | 671.3 | 650 |
TCS | 3497.1 | 3550 |
TECHM | 1396.15 | 1440 |
TIINDIA | 2859.4 | 2800 |
TITAGARH | 752.6 | 720 |
TITAN | 3076.3 | 3100 |
TORNTPHARM | 3191.3 | 3100 |
TORNTPOWER | 1440.5 | 1340 |
TRENT | 5230.85 | 5100 |
TVSMOTOR | 2319.75 | 2300 |
ULTRACEMCO | 10933.25 | 10500 |
UNIONBANK | 119.68 | 117 |
UNITDSPR | 1347.3 | 1300 |
UPL | 646.3 | 630 |
USDINR | 86.44 | 77.25 |
VBL | 540.9 | 510 |
VEDL | 460.55 | 440 |
VOLTAS | 1495.2 | 1440 |
WIPRO | 265.7 | 270 |
YESBANK | 17.03 | 17 |
ZOMATO | 223.53 | 220 |
ZYDUSLIFE | 909.9 | 900 |
Note:
Stock LTP > Max Pain | Bearish Trend |
Stock LTP < Max Pain | Bullish Trend |
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.