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TATAMOTORS
TATA MOTORS LIMITED

1011.35 -9.80 (-0.96%)

Max pain for TATAMOTORS

18 Jul 2024 09:32 AM IST

Max Pain for TATAMOTORS is 1000  



Strike  800  has a total call value of 0  versus a total put value of  337,082,350,000 Combined total value = 337,082,350,000

Strike  810  has a total call value of 0  versus a total put value of  317,130,550,000 Combined total value = 317,130,550,000

Strike  820  has a total call value of 0  versus a total put value of  297,178,750,000 Combined total value = 297,178,750,000

Strike  830  has a total call value of 0  versus a total put value of  277,299,000,000 Combined total value = 277,299,000,000

Strike  840  has a total call value of 0  versus a total put value of  257,419,250,000 Combined total value = 257,419,250,000

Strike  850  has a total call value of 0  versus a total put value of  237,688,550,000 Combined total value = 237,688,550,000

Strike  860  has a total call value of 0  versus a total put value of  218,414,350,000 Combined total value = 218,414,350,000

Strike  870  has a total call value of 0  versus a total put value of  199,140,150,000 Combined total value = 199,140,150,000

Strike  880  has a total call value of 0  versus a total put value of  179,995,200,000 Combined total value = 179,995,200,000

Strike  890  has a total call value of 0  versus a total put value of  161,083,450,000 Combined total value = 161,083,450,000

Strike  900  has a total call value of 0  versus a total put value of  142,332,850,000 Combined total value = 142,332,850,000

Strike  910  has a total call value of 313,500,000  versus a total put value of  125,096,950,000 Combined total value = 125,410,450,000

Strike  920  has a total call value of 627,000,000  versus a total put value of  107,861,050,000 Combined total value = 108,488,050,000

Strike  930  has a total call value of 995,500,000  versus a total put value of  91,587,100,000 Combined total value = 92,582,600,000

Strike  940  has a total call value of 1,364,000,000  versus a total put value of  76,098,550,000 Combined total value = 77,462,550,000

Strike  950  has a total call value of 1,824,900,000  versus a total put value of  61,437,200,000 Combined total value = 63,262,100,000

Strike  960  has a total call value of 3,075,600,000  versus a total put value of  48,658,500,000 Combined total value = 51,734,100,000

Strike  970  has a total call value of 4,326,300,000  versus a total put value of  37,134,350,000 Combined total value = 41,460,650,000

Strike  980  has a total call value of 5,958,700,000  versus a total put value of  26,950,000,000 Combined total value = 32,908,700,000

Strike  990  has a total call value of 8,514,550,000  versus a total put value of  18,362,850,000 Combined total value = 26,877,400,000

Strike  1000  has a total call value of 11,531,300,000  versus a total put value of  10,989,550,000 Combined total value = 22,520,850,000

Strike  1010  has a total call value of 17,369,000,000  versus a total put value of  6,840,900,000 Combined total value = 24,209,900,000

Strike  1020  has a total call value of 24,655,400,000  versus a total put value of  3,695,450,000 Combined total value = 28,350,850,000

Strike  1030  has a total call value of 35,166,450,000  versus a total put value of  2,042,700,000 Combined total value = 37,209,150,000

Strike  1040  has a total call value of 48,503,950,000  versus a total put value of  1,089,550,000 Combined total value = 49,593,500,000

Strike  1050  has a total call value of 63,903,400,000  versus a total put value of  438,900,000 Combined total value = 64,342,300,000

Strike  1060  has a total call value of 83,619,800,000  versus a total put value of  206,250,000 Combined total value = 83,826,050,000

Strike  1070  has a total call value of 104,764,000,000  versus a total put value of  89,100,000 Combined total value = 104,853,100,000

Strike  1080  has a total call value of 128,120,850,000  versus a total put value of  44,550,000 Combined total value = 128,165,400,000

Strike  1090  has a total call value of 153,212,400,000  versus a total put value of  0 Combined total value = 153,212,400,000

Strike  1100  has a total call value of 178,875,950,000  versus a total put value of  0 Combined total value = 178,875,950,000

Strike  1110  has a total call value of 209,078,650,000  versus a total put value of  0 Combined total value = 209,078,650,000

Strike  1120  has a total call value of 239,495,850,000  versus a total put value of  0 Combined total value = 239,495,850,000

Strike  1130  has a total call value of 270,560,950,000  versus a total put value of  0 Combined total value = 270,560,950,000

Strike  1140  has a total call value of 301,626,050,000  versus a total put value of  0 Combined total value = 301,626,050,000

Strike  1150  has a total call value of 333,520,550,000  versus a total put value of  0 Combined total value = 333,520,550,000

Strike  1160  has a total call value of 365,415,050,000  versus a total put value of  0 Combined total value = 365,415,050,000

Strike  1170  has a total call value of 398,351,250,000  versus a total put value of  0 Combined total value = 398,351,250,000

Strike  1180  has a total call value of 431,287,450,000  versus a total put value of  0 Combined total value = 431,287,450,000

Strike  1190  has a total call value of 464,223,650,000  versus a total put value of  0 Combined total value = 464,223,650,000

Strike  1200  has a total call value of 497,159,850,000  versus a total put value of  0 Combined total value = 497,159,850,000

All Max-Pain Table

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.