TATAMOTORS
TATA MOTORS LIMITED
Max pain for TATAMOTORS
29 Nov 2023 04:17 PM IST
Max Pain for TATAMOTORS is 680
Strike 510 has a total call value of 0 versus a total put value of 428,382,787,500 Combined total value = 428,382,787,500
Strike 515 has a total call value of 0 versus a total put value of 413,886,262,500 Combined total value = 413,886,262,500
Strike 520 has a total call value of 0 versus a total put value of 399,389,737,500 Combined total value = 399,389,737,500
Strike 525 has a total call value of 61,275,000 versus a total put value of 384,978,712,500 Combined total value = 385,039,987,500
Strike 530 has a total call value of 122,550,000 versus a total put value of 370,567,687,500 Combined total value = 370,690,237,500
Strike 535 has a total call value of 183,825,000 versus a total put value of 356,156,662,500 Combined total value = 356,340,487,500
Strike 540 has a total call value of 245,100,000 versus a total put value of 341,745,637,500 Combined total value = 341,990,737,500
Strike 545 has a total call value of 315,637,500 versus a total put value of 327,400,162,500 Combined total value = 327,715,800,000
Strike 550 has a total call value of 386,175,000 versus a total put value of 313,054,687,500 Combined total value = 313,440,862,500
Strike 555 has a total call value of 546,487,500 versus a total put value of 299,105,362,500 Combined total value = 299,651,850,000
Strike 560 has a total call value of 706,800,000 versus a total put value of 285,156,037,500 Combined total value = 285,862,837,500
Strike 565 has a total call value of 899,887,500 versus a total put value of 271,305,037,500 Combined total value = 272,204,925,000
Strike 570 has a total call value of 1,092,975,000 versus a total put value of 257,470,425,000 Combined total value = 258,563,400,000
Strike 575 has a total call value of 1,294,612,500 versus a total put value of 243,753,375,000 Combined total value = 245,047,987,500
Strike 580 has a total call value of 1,496,962,500 versus a total put value of 230,056,987,500 Combined total value = 231,553,950,000
Strike 585 has a total call value of 1,711,425,000 versus a total put value of 216,579,337,500 Combined total value = 218,290,762,500
Strike 590 has a total call value of 1,926,600,000 versus a total put value of 203,132,325,000 Combined total value = 205,058,925,000
Strike 595 has a total call value of 2,141,775,000 versus a total put value of 189,909,750,000 Combined total value = 192,051,525,000
Strike 600 has a total call value of 2,356,950,000 versus a total put value of 176,715,675,000 Combined total value = 179,072,625,000
Strike 605 has a total call value of 2,784,450,000 versus a total put value of 164,249,062,500 Combined total value = 167,033,512,500
Strike 610 has a total call value of 3,244,725,000 versus a total put value of 151,873,650,000 Combined total value = 155,118,375,000
Strike 615 has a total call value of 3,775,537,500 versus a total put value of 140,009,100,000 Combined total value = 143,784,637,500
Strike 620 has a total call value of 4,334,850,000 versus a total put value of 128,248,575,000 Combined total value = 132,583,425,000
Strike 625 has a total call value of 5,011,012,500 versus a total put value of 116,970,412,500 Combined total value = 121,981,425,000
Strike 630 has a total call value of 5,752,012,500 versus a total put value of 105,825,487,500 Combined total value = 111,577,500,000
Strike 635 has a total call value of 6,713,887,500 versus a total put value of 95,239,875,000 Combined total value = 101,953,762,500
Strike 640 has a total call value of 7,809,712,500 versus a total put value of 84,816,000,000 Combined total value = 92,625,712,500
Strike 645 has a total call value of 9,248,250,000 versus a total put value of 74,850,975,000 Combined total value = 84,099,225,000
Strike 650 has a total call value of 10,799,362,500 versus a total put value of 64,990,687,500 Combined total value = 75,790,050,000
Strike 655 has a total call value of 13,038,037,500 versus a total put value of 55,995,375,000 Combined total value = 69,033,412,500
Strike 660 has a total call value of 15,609,450,000 versus a total put value of 47,191,012,500 Combined total value = 62,800,462,500
Strike 665 has a total call value of 18,680,325,000 versus a total put value of 39,037,875,000 Combined total value = 57,718,200,000
Strike 670 has a total call value of 21,907,950,000 versus a total put value of 31,289,437,500 Combined total value = 53,197,387,500
Strike 675 has a total call value of 25,839,525,000 versus a total put value of 24,265,612,500 Combined total value = 50,105,137,500
Strike 680 has a total call value of 30,070,350,000 versus a total put value of 17,765,475,000 Combined total value = 47,835,825,000
Strike 685 has a total call value of 35,410,537,500 versus a total put value of 13,023,787,500 Combined total value = 48,434,325,000
Strike 690 has a total call value of 41,104,125,000 versus a total put value of 9,043,050,000 Combined total value = 50,147,175,000
Strike 695 has a total call value of 47,568,637,500 versus a total put value of 6,050,550,000 Combined total value = 53,619,187,500
Strike 700 has a total call value of 54,171,375,000 versus a total put value of 3,503,362,500 Combined total value = 57,674,737,500
Strike 705 has a total call value of 61,917,675,000 versus a total put value of 2,054,137,500 Combined total value = 63,971,812,500
Strike 710 has a total call value of 69,973,200,000 versus a total put value of 965,437,500 Combined total value = 70,938,637,500
Strike 715 has a total call value of 79,415,250,000 versus a total put value of 603,487,500 Combined total value = 80,018,737,500
Strike 720 has a total call value of 89,631,787,500 versus a total put value of 422,512,500 Combined total value = 90,054,300,000
Strike 725 has a total call value of 101,773,500,000 versus a total put value of 322,762,500 Combined total value = 102,096,262,500
Strike 730 has a total call value of 114,482,362,500 versus a total put value of 227,287,500 Combined total value = 114,709,650,000
Strike 735 has a total call value of 127,927,950,000 versus a total put value of 161,025,000 Combined total value = 128,088,975,000
Strike 740 has a total call value of 141,734,062,500 versus a total put value of 101,175,000 Combined total value = 141,835,237,500
Strike 745 has a total call value of 156,012,562,500 versus a total put value of 47,025,000 Combined total value = 156,059,587,500
Strike 750 has a total call value of 170,401,500,000 versus a total put value of 0 Combined total value = 170,401,500,000
Strike 755 has a total call value of 185,993,850,000 versus a total put value of 0 Combined total value = 185,993,850,000
Strike 760 has a total call value of 201,713,025,000 versus a total put value of 0 Combined total value = 201,713,025,000
Strike 765 has a total call value of 217,634,550,000 versus a total put value of 0 Combined total value = 217,634,550,000
Strike 770 has a total call value of 233,638,012,500 versus a total put value of 0 Combined total value = 233,638,012,500
Strike 775 has a total call value of 250,116,000,000 versus a total put value of 0 Combined total value = 250,116,000,000
Strike 780 has a total call value of 266,620,350,000 versus a total put value of 0 Combined total value = 266,620,350,000
Strike 785 has a total call value of 283,219,462,500 versus a total put value of 0 Combined total value = 283,219,462,500
Strike 790 has a total call value of 299,818,575,000 versus a total put value of 0 Combined total value = 299,818,575,000
Strike 795 has a total call value of 316,417,687,500 versus a total put value of 0 Combined total value = 316,417,687,500
Strike 800 has a total call value of 333,016,800,000 versus a total put value of 0 Combined total value = 333,016,800,000
Max Pain - Choose a symbol
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E
G
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I
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L
M
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O
P
R
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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.