TATAMOTORS
Tata Motors Limited
Max pain for TATAMOTORS
13 Mar 2025 04:11 PM IST
Max Pain for TATAMOTORS is 650
Strike 500 has a total call value of 0 versus a total put value of 360,893,500,000 Combined total value = 360,893,500,000
Strike 510 has a total call value of 19,800,000 versus a total put value of 335,355,900,000 Combined total value = 335,375,700,000
Strike 520 has a total call value of 39,600,000 versus a total put value of 309,818,300,000 Combined total value = 309,857,900,000
Strike 530 has a total call value of 59,400,000 versus a total put value of 285,181,600,000 Combined total value = 285,241,000,000
Strike 540 has a total call value of 79,200,000 versus a total put value of 260,544,900,000 Combined total value = 260,624,100,000
Strike 550 has a total call value of 160,600,000 versus a total put value of 236,578,100,000 Combined total value = 236,738,700,000
Strike 560 has a total call value of 260,150,000 versus a total put value of 213,403,850,000 Combined total value = 213,664,000,000
Strike 570 has a total call value of 359,700,000 versus a total put value of 191,980,250,000 Combined total value = 192,339,950,000
Strike 580 has a total call value of 459,250,000 versus a total put value of 171,351,400,000 Combined total value = 171,810,650,000
Strike 590 has a total call value of 558,800,000 versus a total put value of 151,881,400,000 Combined total value = 152,440,200,000
Strike 600 has a total call value of 727,650,000 versus a total put value of 133,220,450,000 Combined total value = 133,948,100,000
Strike 610 has a total call value of 1,184,150,000 versus a total put value of 117,321,050,000 Combined total value = 118,505,200,000
Strike 620 has a total call value of 1,865,050,000 versus a total put value of 102,722,950,000 Combined total value = 104,588,000,000
Strike 630 has a total call value of 3,098,700,000 versus a total put value of 89,900,250,000 Combined total value = 92,998,950,000
Strike 640 has a total call value of 5,316,850,000 versus a total put value of 78,444,850,000 Combined total value = 83,761,700,000
Strike 650 has a total call value of 9,595,850,000 versus a total put value of 68,616,900,000 Combined total value = 78,212,750,000
Strike 660 has a total call value of 17,387,700,000 versus a total put value of 60,850,350,000 Combined total value = 78,238,050,000
Strike 670 has a total call value of 28,526,850,000 versus a total put value of 54,551,200,000 Combined total value = 83,078,050,000
Strike 680 has a total call value of 43,541,850,000 versus a total put value of 49,115,000,000 Combined total value = 92,656,850,000
Strike 690 has a total call value of 62,019,100,000 versus a total put value of 44,359,700,000 Combined total value = 106,378,800,000
Strike 700 has a total call value of 83,276,050,000 versus a total put value of 39,979,500,000 Combined total value = 123,255,550,000
Strike 710 has a total call value of 113,348,400,000 versus a total put value of 36,799,950,000 Combined total value = 150,148,350,000
Strike 720 has a total call value of 144,897,500,000 versus a total put value of 33,825,000,000 Combined total value = 178,722,500,000
Strike 730 has a total call value of 178,394,700,000 versus a total put value of 31,024,400,000 Combined total value = 209,419,100,000
Strike 740 has a total call value of 213,099,700,000 versus a total put value of 28,257,350,000 Combined total value = 241,357,050,000
Strike 750 has a total call value of 248,828,250,000 versus a total put value of 25,575,550,000 Combined total value = 274,403,800,000
Strike 760 has a total call value of 286,952,600,000 versus a total put value of 23,135,200,000 Combined total value = 310,087,800,000
Strike 770 has a total call value of 326,745,100,000 versus a total put value of 20,694,850,000 Combined total value = 347,439,950,000
Strike 780 has a total call value of 366,730,100,000 versus a total put value of 18,254,500,000 Combined total value = 384,984,600,000
Strike 790 has a total call value of 407,034,650,000 versus a total put value of 15,954,950,000 Combined total value = 422,989,600,000
Strike 800 has a total call value of 447,504,200,000 versus a total put value of 13,655,400,000 Combined total value = 461,159,600,000
Strike 810 has a total call value of 490,727,050,000 versus a total put value of 12,517,450,000 Combined total value = 503,244,500,000
Strike 820 has a total call value of 533,949,900,000 versus a total put value of 11,379,500,000 Combined total value = 545,329,400,000
Strike 830 has a total call value of 577,401,550,000 versus a total put value of 10,241,550,000 Combined total value = 587,643,100,000
Strike 840 has a total call value of 620,853,200,000 versus a total put value of 9,103,600,000 Combined total value = 629,956,800,000
Strike 850 has a total call value of 664,538,600,000 versus a total put value of 7,965,650,000 Combined total value = 672,504,250,000
Strike 860 has a total call value of 708,224,000,000 versus a total put value of 6,827,700,000 Combined total value = 715,051,700,000
Strike 870 has a total call value of 751,909,400,000 versus a total put value of 5,689,750,000 Combined total value = 757,599,150,000
Strike 880 has a total call value of 795,594,800,000 versus a total put value of 4,551,800,000 Combined total value = 800,146,600,000
Strike 890 has a total call value of 839,491,950,000 versus a total put value of 3,413,850,000 Combined total value = 842,905,800,000
Strike 900 has a total call value of 883,389,100,000 versus a total put value of 2,275,900,000 Combined total value = 885,665,000,000
Strike 910 has a total call value of 927,286,250,000 versus a total put value of 1,137,950,000 Combined total value = 928,424,200,000
Strike 920 has a total call value of 971,183,400,000 versus a total put value of 0 Combined total value = 971,183,400,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 382.75 | 400 |
ABB | 5118.55 | 5200 |
ABCAPITAL | 162.19 | 162.5 |
ABFRL | 240.05 | 250 |
ACC | 1854 | 1860 |
ADANIENSOL | 783.2 | 760 |
ADANIENT | 2221.1 | 2380 |
ADANIGREEN | 873.65 | 840 |
ADANIPORTS | 1119.2 | 1120 |
ALKEM | 4706.95 | 4700 |
AMBUJACEM | 485.8 | 485 |
ANGELONE | 1953.5 | 2000 |
APLAPOLLO | 1372.8 | 1400 |
APOLLOHOSP | 6105.65 | 6150 |
APOLLOTYRE | 400.95 | 400 |
ASHOKLEY | 196.63 | 205 |
ASIANPAINT | 2231.3 | 2260 |
ASTRAL | 1238.3 | 1300 |
ATGL | 604.35 | 580 |
AUBANK | 502.85 | 530 |
AUROPHARMA | 1094.75 | 1100 |
AXISBANK | 1010.2 | 1020 |
BAJAJ-AUTO | 7504.7 | 7600 |
BAJAJFINSV | 1807.45 | 1820 |
BAJFINANCE | 8420.45 | 8400 |
BALKRISIND | 2499.05 | 2520 |
BANDHANBNK | 139.84 | 145 |
BANKBARODA | 205.52 | 210 |
BANKINDIA | 94.12 | 96 |
BEL | 280.07 | 275 |
BERGEPAINT | 488.2 | 490 |
BHARATFORG | 1039.25 | 1040 |
BHARTIARTL | 1632.5 | 1640 |
BHEL | 193.33 | 200 |
BIOCON | 323.05 | 320 |
BOSCHLTD | 26378.35 | 27000 |
BPCL | 264.41 | 260 |
BRITANNIA | 4728.25 | 4750 |
BSE | 3926.25 | 4300 |
BSOFT | 385.75 | 400 |
CAMS | 3410.1 | 3400 |
CANBK | 82.9 | 85 |
CDSL | 1071 | 1100 |
CESC | 138.67 | 135 |
CGPOWER | 599.1 | 600 |
CHAMBLFERT | 556.55 | 560 |
CHOLAFIN | 1444.7 | 1420 |
CIPLA | 1461.9 | 1440 |
COALINDIA | 378.3 | 380 |
COFORGE | 7292.25 | 7500 |
COLPAL | 2411.7 | 2480 |
CONCOR | 640.25 | 670 |
CROMPTON | 344.25 | 350 |
CUMMINSIND | 2835.25 | 2850 |
CYIENT | 1192.35 | 1240 |
DABUR | 500.95 | 500 |
DALBHARAT | 1607.1 | 1680 |
DEEPAKNTR | 1948.6 | 1900 |
DELHIVERY | 241.76 | 250 |
DIVISLAB | 5620.45 | 5650 |
DIXON | 13324.05 | 13500 |
DLF | 658.1 | 660 |
DMART | 3797.1 | 3750 |
DRREDDY | 1107.95 | 1120 |
EICHERMOT | 5015.25 | 5000 |
ESCORTS | 2908.5 | 3000 |
EXIDEIND | 333 | 350 |
FEDERALBNK | 176.6 | 180 |
GAIL | 157.96 | 160 |
GLENMARK | 1405.15 | 1380 |
GMRAIRPORT | 74.33 | 72 |
GODREJCP | 1025.8 | 1030 |
GODREJPROP | 1969.1 | 2000 |
GRANULES | 470.65 | 490 |
GRASIM | 2370.2 | 2400 |
HAL | 3396.15 | 3450 |
HAVELLS | 1458.65 | 1460 |
HCLTECH | 1534.75 | 1560 |
HDFCAMC | 3725.1 | 3750 |
HDFCBANK | 1706.6 | 1720 |
HDFCLIFE | 622.4 | 620 |
HEROMOTOCO | 3529.15 | 3650 |
HFCL | 77.55 | 82.5 |
HINDALCO | 677.35 | 660 |
HINDCOPPER | 215.8 | 225 |
HINDPETRO | 323.7 | 325 |
HINDUNILVR | 2174.8 | 2220 |
HUDCO | 180.76 | 180 |
ICICIBANK | 1250.05 | 1250 |
ICICIGI | 1678.75 | 1680 |
ICICIPRULI | 536.6 | 550 |
IDEA | 6.95 | 8 |
IDFCFIRSTB | 53.48 | 57 |
IEX | 153.56 | 160 |
IGL | 184.88 | 190 |
IIFL | 313.25 | 310 |
INDHOTEL | 750.45 | 750 |
INDIANB | 490.4 | 500 |
INDIGO | 4700.85 | 4600 |
INDUSINDBK | 672.35 | 750 |
INDUSTOWER | 327 | 330 |
INFY | 1579.85 | 1600 |
IOC | 125.67 | 125 |
IRB | 42.8 | 45 |
IRCTC | 689.05 | 700 |
IREDA | 139.85 | 140 |
IRFC | 117.69 | 117.5 |
ITC | 412.05 | 410 |
JINDALSTEL | 889.7 | 900 |
JIOFIN | 222.6 | 220 |
JKCEMENT | 4271.3 | 4400 |
JSL | 632.3 | 640 |
JSWENERGY | 514.1 | 500 |
JSWSTEEL | 1001.2 | 1000 |
JUBLFOOD | 596.35 | 610 |
KALYANKJIL | 430.9 | 420 |
KEI | 3053.95 | 3000 |
KOTAKBANK | 1985.1 | 1960 |
KPITTECH | 1206.45 | 1260 |
LAURUSLABS | 574.05 | 560 |
LICHSGFIN | 515.6 | 520 |
LICI | 740.15 | 760 |
LODHA | 1055.25 | 1100 |
LT | 3187.3 | 3250 |
LTF | 138.64 | 140 |
LTIM | 4467.05 | 4700 |
LTTS | 4378.2 | 4500 |
LUPIN | 1968.45 | 1980 |
M&M | 2643.5 | 2700 |
M&MFIN | 271.35 | 275 |
MANAPPURAM | 208.14 | 200 |
MARICO | 606.3 | 610 |
MARUTI | 11513.8 | 11700 |
MAXHEALTH | 990.7 | 1000 |
MCX | 4808.45 | 4900 |
MFSL | 1052.55 | 1040 |
MGL | 1285.95 | 1300 |
MOTHERSON | 121.76 | 125 |
MPHASIS | 2205.15 | 2250 |
MRF | 105041.6 | 105000 |
MUTHOOTFIN | 2196.35 | 2180 |
NATIONALUM | 187.87 | 190 |
NAUKRI | 6382.55 | 6700 |
NBCC | 77.89 | 80 |
NCC | 185.86 | 185 |
NESTLEIND | 2191.95 | 2220 |
NHPC | 77.57 | 77 |
NMDC | 63.8 | 65 |
NTPC | 331.9 | 325 |
NYKAA | 164.56 | 165 |
OBEROIRLTY | 1533.5 | 1560 |
OFSS | 7328 | 7500 |
OIL | 375.5 | 370 |
ONGC | 225.43 | 227.5 |
PAGEIND | 40099.25 | 40000 |
PATANJALI | 1718.6 | 1700 |
PAYTM | 682.85 | 700 |
PEL | 885.95 | 920 |
PERSISTENT | 5125.75 | 5200 |
PETRONET | 281 | 290 |
PFC | 388.35 | 390 |
PHOENIXLTD | 1564.5 | 1600 |
PIDILITIND | 2729.9 | 2740 |
PIIND | 3297.3 | 3200 |
PNB | 87.2 | 90 |
POLICYBZR | 1331.9 | 1400 |
POLYCAB | 5003.1 | 5000 |
POONAWALLA | 281.35 | 280 |
POWERGRID | 267.65 | 265 |
PRESTIGE | 1129.6 | 1150 |
RAMCOCEM | 801.55 | 820 |
RBLBANK | 156.32 | 160 |
RECLTD | 406.65 | 400 |
RELIANCE | 1247.9 | 1240 |
SAIL | 105.89 | 110 |
SBICARD | 829.85 | 840 |
SBILIFE | 1385.55 | 1420 |
SBIN | 727.85 | 730 |
SHREECEM | 27495.15 | 27750 |
SHRIRAMFIN | 619.55 | 620 |
SIEMENS | 4927.9 | 5000 |
SJVN | 85.42 | 85 |
SOLARINDS | 10097.15 | 9800 |
SONACOMS | 485.8 | 500 |
SRF | 2951.8 | 2860 |
SUNPHARMA | 1683.45 | 1640 |
SUPREMEIND | 3343.75 | 3400 |
SYNGENE | 666.2 | 680 |
TATACHEM | 796.1 | 820 |
TATACOMM | 1503.95 | 1460 |
TATACONSUM | 946.1 | 960 |
TATAELXSI | 5236.75 | 5400 |
TATAMOTORS | 655.5 | 650 |
TATAPOWER | 350.75 | 360 |
TATASTEEL | 150.88 | 150 |
TATATECH | 636.8 | 650 |
TCS | 3511.05 | 3600 |
TECHM | 1440.65 | 1480 |
TIINDIA | 2926.55 | 2800 |
TITAGARH | 694.3 | 700 |
TITAN | 3010.15 | 3100 |
TORNTPHARM | 3056.05 | 3000 |
TORNTPOWER | 1291.2 | 1340 |
TRENT | 5022.4 | 5000 |
TVSMOTOR | 2250.9 | 2300 |
ULTRACEMCO | 10452.1 | 10400 |
UNIONBANK | 113.7 | 115 |
UNITDSPR | 1353.7 | 1300 |
UPL | 601.45 | 620 |
USDINR | 87.09 | 77.25 |
VBL | 488.15 | 480 |
VEDL | 442.95 | 440 |
VOLTAS | 1402.55 | 1380 |
WIPRO | 264 | 270 |
YESBANK | 16.19 | 17 |
ZOMATO | 201.43 | 210 |
ZYDUSLIFE | 883.1 | 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.