TATAMOTORS
Tata Motors Limited
Max pain for TATAMOTORS
16 Jun 2025 12:36 PM ISTNext Refresh in
Max Pain for TATAMOTORS is 700
Strike 480 has a total call value of 0 versus a total put value of 561,244,200,000 Combined total value = 561,244,200,000
Strike 490 has a total call value of 0 versus a total put value of 535,026,800,000 Combined total value = 535,026,800,000
Strike 500 has a total call value of 0 versus a total put value of 508,809,400,000 Combined total value = 508,809,400,000
Strike 510 has a total call value of 0 versus a total put value of 482,592,000,000 Combined total value = 482,592,000,000
Strike 520 has a total call value of 0 versus a total put value of 456,374,600,000 Combined total value = 456,374,600,000
Strike 530 has a total call value of 0 versus a total put value of 430,157,200,000 Combined total value = 430,157,200,000
Strike 540 has a total call value of 0 versus a total put value of 403,939,800,000 Combined total value = 403,939,800,000
Strike 550 has a total call value of 13,200,000 versus a total put value of 377,773,000,000 Combined total value = 377,786,200,000
Strike 560 has a total call value of 26,400,000 versus a total put value of 351,606,200,000 Combined total value = 351,632,600,000
Strike 570 has a total call value of 110,000,000 versus a total put value of 325,552,150,000 Combined total value = 325,662,150,000
Strike 580 has a total call value of 193,600,000 versus a total put value of 299,527,250,000 Combined total value = 299,720,850,000
Strike 590 has a total call value of 277,200,000 versus a total put value of 273,906,050,000 Combined total value = 274,183,250,000
Strike 600 has a total call value of 372,900,000 versus a total put value of 248,615,950,000 Combined total value = 248,988,850,000
Strike 610 has a total call value of 573,100,000 versus a total put value of 224,378,550,000 Combined total value = 224,951,650,000
Strike 620 has a total call value of 773,300,000 versus a total put value of 200,679,600,000 Combined total value = 201,452,900,000
Strike 630 has a total call value of 1,036,200,000 versus a total put value of 177,485,000,000 Combined total value = 178,521,200,000
Strike 640 has a total call value of 1,338,150,000 versus a total put value of 155,022,450,000 Combined total value = 156,360,600,000
Strike 650 has a total call value of 1,749,550,000 versus a total put value of 133,475,100,000 Combined total value = 135,224,650,000
Strike 660 has a total call value of 2,328,700,000 versus a total put value of 113,986,400,000 Combined total value = 116,315,100,000
Strike 670 has a total call value of 3,098,700,000 versus a total put value of 95,838,600,000 Combined total value = 98,937,300,000
Strike 680 has a total call value of 4,531,450,000 versus a total put value of 79,748,900,000 Combined total value = 84,280,350,000
Strike 690 has a total call value of 8,630,600,000 versus a total put value of 66,176,000,000 Combined total value = 74,806,600,000
Strike 700 has a total call value of 15,693,700,000 versus a total put value of 53,830,150,000 Combined total value = 69,523,850,000
Strike 710 has a total call value of 28,339,300,000 versus a total put value of 44,320,100,000 Combined total value = 72,659,400,000
Strike 720 has a total call value of 45,042,250,000 versus a total put value of 36,038,750,000 Combined total value = 81,081,000,000
Strike 730 has a total call value of 70,214,100,000 versus a total put value of 29,582,300,000 Combined total value = 99,796,400,000
Strike 740 has a total call value of 101,303,950,000 versus a total put value of 24,385,350,000 Combined total value = 125,689,300,000
Strike 750 has a total call value of 139,471,200,000 versus a total put value of 20,063,450,000 Combined total value = 159,534,650,000
Strike 760 has a total call value of 184,396,300,000 versus a total put value of 16,535,750,000 Combined total value = 200,932,050,000
Strike 770 has a total call value of 232,118,150,000 versus a total put value of 13,399,650,000 Combined total value = 245,517,800,000
Strike 780 has a total call value of 281,601,100,000 versus a total put value of 10,380,700,000 Combined total value = 291,981,800,000
Strike 790 has a total call value of 333,412,750,000 versus a total put value of 7,579,000,000 Combined total value = 340,991,750,000
Strike 800 has a total call value of 386,532,300,000 versus a total put value of 5,001,700,000 Combined total value = 391,534,000,000
Strike 810 has a total call value of 447,275,950,000 versus a total put value of 3,665,200,000 Combined total value = 450,941,150,000
Strike 820 has a total call value of 508,119,150,000 versus a total put value of 2,328,700,000 Combined total value = 510,447,850,000
Strike 830 has a total call value of 571,486,850,000 versus a total put value of 1,164,350,000 Combined total value = 572,651,200,000
Strike 840 has a total call value of 634,854,550,000 versus a total put value of 0 Combined total value = 634,854,550,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 454.5 | 470 |
| ABB | 6011 | 6000 |
| ABCAPITAL | 246 | 237.5 |
| ABFRL | 74.24 | 80 |
| ACC | 1857 | 1900 |
| ADANIENSOL | 859.45 | 880 |
| ADANIENT | 2537.5 | 2600 |
| ADANIGREEN | 990.4 | 1020 |
| ADANIPORTS | 1399.7 | 1420 |
| ALKEM | 4844.5 | 4900 |
| AMBUJACEM | 545.55 | 560 |
| ANGELONE | 2888 | 3000 |
| APLAPOLLO | 1839.7 | 1840 |
| APOLLOHOSP | 7080 | 7000 |
| ASHOKLEY | 235.38 | 240 |
| ASIANPAINT | 2233.7 | 2260 |
| ASTRAL | 1539.6 | 1500 |
| ATGL | 656.65 | 680 |
| AUBANK | 778.4 | 760 |
| AUROPHARMA | 1146.5 | 1160 |
| AXISBANK | 1212.3 | 1200 |
| BAJAJ-AUTO | 8570.5 | 8600 |
| BAJAJFINSV | 2019.8 | 2000 |
| BAJFINANCE | 940 | 940 |
| BALKRISIND | 2453.5 | 2460 |
| BANDHANBNK | 176.02 | 175 |
| BANKBARODA | 238.99 | 241.65 |
| BANKINDIA | 120.25 | 120 |
| BDL | 1869.5 | 1900 |
| BEL | 400.1 | 390 |
| BHARATFORG | 1310.5 | 1300 |
| BHARTIARTL | 1863.7 | 1860 |
| BHEL | 252.95 | 255 |
| BIOCON | 354.5 | 350 |
| BLUESTARCO | 1662.9 | 1600 |
| BOSCHLTD | 31905 | 32000 |
| BPCL | 310.35 | 315 |
| BRITANNIA | 5540.5 | 5550 |
| BSE | 2698.6 | 2700 |
| BSOFT | 417.05 | 420 |
| CAMS | 3986.6 | 4100 |
| CANBK | 111.05 | 111 |
| CDSL | 1663.7 | 1700 |
| CESC | 167.62 | 167.5 |
| CGPOWER | 680.95 | 690 |
| CHAMBLFERT | 551.65 | 560 |
| CHOLAFIN | 1563 | 1580 |
| CIPLA | 1533.6 | 1520 |
| COALINDIA | 391.9 | 400 |
| COFORGE | 1839 | 1760 |
| COLPAL | 2375.1 | 2460 |
| CONCOR | 763.35 | 780 |
| CROMPTON | 346.6 | 350 |
| CUMMINSIND | 3310.2 | 3300 |
| CYIENT | 1308.6 | 1340 |
| DABUR | 471.25 | 475 |
| DALBHARAT | 2101.3 | 2100 |
| DELHIVERY | 364.2 | 365 |
| DIVISLAB | 6677.5 | 6700 |
| DIXON | 14289 | 14750 |
| DLF | 858.1 | 840 |
| DMART | 4010.1 | 4100 |
| DRREDDY | 1350.5 | 1310 |
| EICHERMOT | 5373 | 5350 |
| ETERNAL | 251.19 | 250 |
| EXIDEIND | 385 | 390 |
| FEDERALBNK | 204.79 | 207.5 |
| FORTIS | 763.05 | 750 |
| GAIL | 191.22 | 195 |
| GLENMARK | 1678.8 | 1600 |
| GMRAIRPORT | 82.45 | 85 |
| GODREJCP | 1188.5 | 1220 |
| GODREJPROP | 2423.2 | 2350 |
| GRANULES | 512.6 | 530 |
| GRASIM | 2706.9 | 2660 |
| HAL | 5036.7 | 5000 |
| HAVELLS | 1549 | 1560 |
| HCLTECH | 1720.5 | 1680 |
| HDFCAMC | 4988.7 | 5000 |
| HDFCBANK | 1933.3 | 1940 |
| HDFCLIFE | 768.6 | 760 |
| HEROMOTOCO | 4381.5 | 4300 |
| HFCL | 84.97 | 89 |
| HINDALCO | 647.4 | 650 |
| HINDCOPPER | 258.9 | 250 |
| HINDPETRO | 388.65 | 400 |
| HINDUNILVR | 2327.9 | 2360 |
| HINDZINC | 511.8 | 500 |
| HUDCO | 225.98 | 240 |
| ICICIBANK | 1423.4 | 1440 |
| ICICIGI | 1940.5 | 1940 |
| ICICIPRULI | 633.85 | 640 |
| IDEA | 6.66 | 7 |
| IDFCFIRSTB | 70.26 | 70 |
| IEX | 187.59 | 197.5 |
| IGL | 206.4 | 205 |
| IIFL | 477 | 470 |
| INDHOTEL | 751.75 | 760 |
| INDIANB | 631.05 | 620 |
| INDIGO | 5317.5 | 5400 |
| INDUSINDBK | 821.45 | 820 |
| INDUSTOWER | 390.05 | 390 |
| INFY | 1623 | 1580 |
| INOXWIND | 171.79 | 180 |
| IOC | 140 | 143 |
| IRB | 49.55 | 51 |
| IRCTC | 763.8 | 780 |
| IREDA | 167.82 | 172.5 |
| IRFC | 138.49 | 140 |
| ITC | 417.7 | 420 |
| JINDALSTEL | 927.5 | 950 |
| JIOFIN | 293.3 | 295 |
| JSL | 707.95 | 700 |
| JSWENERGY | 510.25 | 510 |
| JSWSTEEL | 1000.35 | 1000 |
| JUBLFOOD | 690.85 | 680 |
| KALYANKJIL | 519.5 | 530 |
| KAYNES | 5408.5 | 5500 |
| KEI | 3647.2 | 3600 |
| KOTAKBANK | 2139.5 | 2100 |
| KPITTECH | 1385 | 1360 |
| LAURUSLABS | 680.1 | 650 |
| LICHSGFIN | 600.75 | 600 |
| LICI | 943 | 950 |
| LODHA | 1460.1 | 1460 |
| LT | 3652.5 | 3620 |
| LTF | 190.15 | 185 |
| LTIM | 5445 | 5300 |
| LUPIN | 2012.2 | 2000 |
| M&M | 3033.5 | 3050 |
| M&MFIN | 272.3 | 270 |
| MANAPPURAM | 280.16 | 240 |
| MANKIND | 2363.5 | 2350 |
| MARICO | 687.25 | 700 |
| MARUTI | 12543 | 12400 |
| MAXHEALTH | 1239.1 | 1200 |
| MAZDOCK | 3151.8 | 3200 |
| MCX | 7764 | 7500 |
| MFSL | 1570.9 | 1520 |
| MGL | 1376.1 | 1360 |
| MOTHERSON | 153.05 | 155 |
| MPHASIS | 2679.5 | 2620 |
| MUTHOOTFIN | 2622.1 | 2500 |
| NATIONALUM | 187.15 | 190 |
| NAUKRI | 1487.4 | 1500 |
| NBCC | 120.23 | 120 |
| NCC | 227.86 | 235 |
| NESTLEIND | 2387.3 | 2400 |
| NHPC | 86.19 | 88 |
| NMDC | 69.85 | 72 |
| NTPC | 332.2 | 340 |
| NYKAA | 194.32 | 197.5 |
| OBEROIRLTY | 1915.2 | 1860 |
| OFSS | 9620 | 9200 |
| OIL | 483.75 | 460 |
| ONGC | 255.2 | 250 |
| PAGEIND | 45760 | 46000 |
| PATANJALI | 1679.8 | 1700 |
| PAYTM | 879.55 | 900 |
| PEL | 1140.6 | 1140 |
| PERSISTENT | 5993.5 | 5800 |
| PETRONET | 298.3 | 310 |
| PFC | 405.45 | 420 |
| PHOENIXLTD | 1599.9 | 1600 |
| PIDILITIND | 3008.4 | 3020 |
| PIIND | 4156.2 | 4000 |
| PNB | 106.4 | 107 |
| PNBHOUSING | 1066.5 | 1080 |
| POLICYBZR | 1870 | 1860 |
| POLYCAB | 6083 | 6000 |
| POONAWALLA | 418.15 | 415 |
| POWERGRID | 288 | 295 |
| PPLPHARMA | 199.55 | 205 |
| PRESTIGE | 1690.8 | 1600 |
| RBLBANK | 219.09 | 217.5 |
| RECLTD | 401.4 | 410 |
| RELIANCE | 1440 | 1440 |
| RVNL | 406.65 | 420 |
| SAIL | 129.12 | 130 |
| SBICARD | 1007.6 | 980 |
| SBILIFE | 1794.1 | 1780 |
| SBIN | 792.2 | 810 |
| SHREECEM | 29700 | 29750 |
| SHRIRAMFIN | 676 | 670 |
| SIEMENS | 3270 | 3300 |
| SJVN | 97.93 | 100 |
| SOLARINDS | 16986 | 16500 |
| SONACOMS | 503.25 | 510 |
| SRF | 3090 | 3050 |
| SUNPHARMA | 1684 | 1680 |
| SUPREMEIND | 4385.2 | 4300 |
| SYNGENE | 658.1 | 650 |
| TATACHEM | 935.75 | 920 |
| TATACOMM | 1700.6 | 1700 |
| TATACONSUM | 1076.7 | 1090 |
| TATAELXSI | 6376 | 6400 |
| TATAMOTORS | 685.5 | 700 |
| TATAPOWER | 398.55 | 400 |
| TATASTEEL | 153.78 | 155 |
| TATATECH | 742.1 | 760 |
| TCS | 3499.7 | 3460 |
| TECHM | 1686.1 | 1620 |
| TIINDIA | 3006.1 | 3000 |
| TITAGARH | 894.1 | 920 |
| TITAN | 3432.8 | 3500 |
| TORNTPHARM | 3268 | 3200 |
| TORNTPOWER | 1415.7 | 1400 |
| TRENT | 5681.5 | 5700 |
| TVSMOTOR | 2783 | 2760 |
| ULTRACEMCO | 11428 | 11300 |
| UNIONBANK | 146.37 | 150 |
| UNITDSPR | 1464.7 | 1500 |
| UNOMINDA | 1046 | 1060 |
| UPL | 640.5 | 640 |
| USDINR | 86.15 | 86 |
| VBL | 466.25 | 480 |
| VEDL | 463.85 | 450 |
| VOLTAS | 1294.4 | 1280 |
| WIPRO | 260.81 | 257.5 |
| YESBANK | 20.18 | 21 |
| ZOMATO | 0 | 200 |
| ZYDUSLIFE | 969.55 | 970 |
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.
