TATAMOTORS
TATA MOTORS LIMITED
Max pain for TATAMOTORS
18 Apr 2024 06:53 PM IST
Max Pain for TATAMOTORS is 1000
Strike 780 has a total call value of 0 versus a total put value of 506,131,500,000 Combined total value = 506,131,500,000
Strike 790 has a total call value of 0 versus a total put value of 477,427,725,000 Combined total value = 477,427,725,000
Strike 800 has a total call value of 0 versus a total put value of 448,723,950,000 Combined total value = 448,723,950,000
Strike 810 has a total call value of 0 versus a total put value of 420,600,150,000 Combined total value = 420,600,150,000
Strike 820 has a total call value of 0 versus a total put value of 392,476,350,000 Combined total value = 392,476,350,000
Strike 830 has a total call value of 94,050,000 versus a total put value of 364,485,075,000 Combined total value = 364,579,125,000
Strike 840 has a total call value of 193,800,000 versus a total put value of 336,542,250,000 Combined total value = 336,736,050,000
Strike 850 has a total call value of 293,550,000 versus a total put value of 308,659,275,000 Combined total value = 308,952,825,000
Strike 860 has a total call value of 716,775,000 versus a total put value of 281,601,375,000 Combined total value = 282,318,150,000
Strike 870 has a total call value of 1,140,000,000 versus a total put value of 254,929,650,000 Combined total value = 256,069,650,000
Strike 880 has a total call value of 1,563,225,000 versus a total put value of 228,468,825,000 Combined total value = 230,032,050,000
Strike 890 has a total call value of 1,992,150,000 versus a total put value of 202,472,550,000 Combined total value = 204,464,700,000
Strike 900 has a total call value of 2,421,075,000 versus a total put value of 176,786,925,000 Combined total value = 179,208,000,000
Strike 910 has a total call value of 3,422,850,000 versus a total put value of 154,253,400,000 Combined total value = 157,676,250,000
Strike 920 has a total call value of 4,440,300,000 versus a total put value of 132,225,750,000 Combined total value = 136,666,050,000
Strike 930 has a total call value of 5,500,500,000 versus a total put value of 111,028,875,000 Combined total value = 116,529,375,000
Strike 940 has a total call value of 6,621,975,000 versus a total put value of 90,920,700,000 Combined total value = 97,542,675,000
Strike 950 has a total call value of 7,837,500,000 versus a total put value of 73,287,750,000 Combined total value = 81,125,250,000
Strike 960 has a total call value of 9,403,575,000 versus a total put value of 58,013,175,000 Combined total value = 67,416,750,000
Strike 970 has a total call value of 11,355,825,000 versus a total put value of 44,219,175,000 Combined total value = 55,575,000,000
Strike 980 has a total call value of 14,128,875,000 versus a total put value of 32,464,350,000 Combined total value = 46,593,225,000
Strike 990 has a total call value of 18,184,425,000 versus a total put value of 22,449,450,000 Combined total value = 40,633,875,000
Strike 1000 has a total call value of 25,032,975,000 versus a total put value of 13,936,500,000 Combined total value = 38,969,475,000
Strike 1010 has a total call value of 42,067,425,000 versus a total put value of 9,115,725,000 Combined total value = 51,183,150,000
Strike 1020 has a total call value of 62,367,975,000 versus a total put value of 6,138,900,000 Combined total value = 68,506,875,000
Strike 1030 has a total call value of 90,172,575,000 versus a total put value of 4,383,300,000 Combined total value = 94,555,875,000
Strike 1040 has a total call value of 121,784,775,000 versus a total put value of 3,076,575,000 Combined total value = 124,861,350,000
Strike 1050 has a total call value of 156,276,900,000 versus a total put value of 2,009,250,000 Combined total value = 158,286,150,000
Strike 1060 has a total call value of 197,125,950,000 versus a total put value of 1,442,100,000 Combined total value = 198,568,050,000
Strike 1070 has a total call value of 240,203,700,000 versus a total put value of 1,007,475,000 Combined total value = 241,211,175,000
Strike 1080 has a total call value of 284,833,275,000 versus a total put value of 695,400,000 Combined total value = 285,528,675,000
Strike 1090 has a total call value of 331,537,650,000 versus a total put value of 383,325,000 Combined total value = 331,920,975,000
Strike 1100 has a total call value of 379,099,875,000 versus a total put value of 71,250,000 Combined total value = 379,171,125,000
Strike 1110 has a total call value of 432,830,925,000 versus a total put value of 57,000,000 Combined total value = 432,887,925,000
Strike 1120 has a total call value of 487,709,100,000 versus a total put value of 42,750,000 Combined total value = 487,751,850,000
Strike 1130 has a total call value of 543,543,450,000 versus a total put value of 28,500,000 Combined total value = 543,571,950,000
Strike 1140 has a total call value of 599,862,300,000 versus a total put value of 14,250,000 Combined total value = 599,876,550,000
Strike 1150 has a total call value of 656,615,775,000 versus a total put value of 0 Combined total value = 656,615,775,000
Strike 1160 has a total call value of 714,469,350,000 versus a total put value of 0 Combined total value = 714,469,350,000
Strike 1170 has a total call value of 772,716,225,000 versus a total put value of 0 Combined total value = 772,716,225,000
Strike 1180 has a total call value of 831,203,925,000 versus a total put value of 0 Combined total value = 831,203,925,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.