[--[65.84.65.76]--]
TATAMOTORS
TATA MOTORS LIMITED

993.4 7.55 (0.77%)

Max pain for TATAMOTORS

14 Jun 2024 04:08 PM IST

Max Pain for TATAMOTORS is 980  



Strike  760  has a total call value of 0  versus a total put value of  686,808,675,000 Combined total value = 686,808,675,000

Strike  770  has a total call value of 0  versus a total put value of  648,802,500,000 Combined total value = 648,802,500,000

Strike  780  has a total call value of 0  versus a total put value of  610,796,325,000 Combined total value = 610,796,325,000

Strike  790  has a total call value of 0  versus a total put value of  573,347,325,000 Combined total value = 573,347,325,000

Strike  800  has a total call value of 0  versus a total put value of  535,898,325,000 Combined total value = 535,898,325,000

Strike  810  has a total call value of 0  versus a total put value of  499,602,150,000 Combined total value = 499,602,150,000

Strike  820  has a total call value of 0  versus a total put value of  463,391,475,000 Combined total value = 463,391,475,000

Strike  830  has a total call value of 39,900,000  versus a total put value of  427,708,050,000 Combined total value = 427,747,950,000

Strike  840  has a total call value of 79,800,000  versus a total put value of  392,182,800,000 Combined total value = 392,262,600,000

Strike  850  has a total call value of 119,700,000  versus a total put value of  357,110,700,000 Combined total value = 357,230,400,000

Strike  860  has a total call value of 159,600,000  versus a total put value of  323,737,200,000 Combined total value = 323,896,800,000

Strike  870  has a total call value of 199,500,000  versus a total put value of  290,893,800,000 Combined total value = 291,093,300,000

Strike  880  has a total call value of 239,400,000  versus a total put value of  258,419,475,000 Combined total value = 258,658,875,000

Strike  890  has a total call value of 279,300,000  versus a total put value of  226,974,000,000 Combined total value = 227,253,300,000

Strike  900  has a total call value of 369,075,000  versus a total put value of  196,131,300,000 Combined total value = 196,500,375,000

Strike  910  has a total call value of 1,600,275,000  versus a total put value of  168,358,050,000 Combined total value = 169,958,325,000

Strike  920  has a total call value of 3,013,875,000  versus a total put value of  141,362,850,000 Combined total value = 144,376,725,000

Strike  930  has a total call value of 4,711,050,000  versus a total put value of  115,959,375,000 Combined total value = 120,670,425,000

Strike  940  has a total call value of 6,938,325,000  versus a total put value of  92,659,200,000 Combined total value = 99,597,525,000

Strike  950  has a total call value of 10,013,475,000  versus a total put value of  71,647,575,000 Combined total value = 81,661,050,000

Strike  960  has a total call value of 15,643,650,000  versus a total put value of  54,309,600,000 Combined total value = 69,953,250,000

Strike  970  has a total call value of 23,002,350,000  versus a total put value of  39,503,850,000 Combined total value = 62,506,200,000

Strike  980  has a total call value of 31,908,600,000  versus a total put value of  27,000,900,000 Combined total value = 58,909,500,000

Strike  990  has a total call value of 43,778,850,000  versus a total put value of  18,473,700,000 Combined total value = 62,252,550,000

Strike  1000  has a total call value of 59,537,925,000  versus a total put value of  12,051,225,000 Combined total value = 71,589,150,000

Strike  1010  has a total call value of 89,816,325,000  versus a total put value of  9,248,250,000 Combined total value = 99,064,575,000

Strike  1020  has a total call value of 123,471,975,000  versus a total put value of  7,056,600,000 Combined total value = 130,528,575,000

Strike  1030  has a total call value of 163,075,575,000  versus a total put value of  5,503,350,000 Combined total value = 168,578,925,000

Strike  1040  has a total call value of 205,731,525,000  versus a total put value of  4,141,050,000 Combined total value = 209,872,575,000

Strike  1050  has a total call value of 251,267,400,000  versus a total put value of  2,952,600,000 Combined total value = 254,220,000,000

Strike  1060  has a total call value of 302,950,725,000  versus a total put value of  2,280,000,000 Combined total value = 305,230,725,000

Strike  1070  has a total call value of 356,429,550,000  versus a total put value of  1,607,400,000 Combined total value = 358,036,950,000

Strike  1080  has a total call value of 412,003,125,000  versus a total put value of  1,031,700,000 Combined total value = 413,034,825,000

Strike  1090  has a total call value of 468,911,925,000  versus a total put value of  515,850,000 Combined total value = 469,427,775,000

Strike  1100  has a total call value of 526,402,125,000  versus a total put value of  0 Combined total value = 526,402,125,000

Strike  1110  has a total call value of 592,154,475,000  versus a total put value of  0 Combined total value = 592,154,475,000

Strike  1120  has a total call value of 658,579,425,000  versus a total put value of  0 Combined total value = 658,579,425,000

Strike  1130  has a total call value of 726,070,275,000  versus a total put value of  0 Combined total value = 726,070,275,000

Strike  1140  has a total call value of 793,943,025,000  versus a total put value of  0 Combined total value = 793,943,025,000

Strike  1150  has a total call value of 862,669,350,000  versus a total put value of  0 Combined total value = 862,669,350,000

Strike  1160  has a total call value of 932,431,650,000  versus a total put value of  0 Combined total value = 932,431,650,000

Strike  1170  has a total call value of 1,003,148,700,000  versus a total put value of  0 Combined total value = 1,003,148,700,000

Strike  1180  has a total call value of 1,073,865,750,000  versus a total put value of  0 Combined total value = 1,073,865,750,000

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.