TATAMOTORS
TATA MOTORS LIMITED
Max pain for TATAMOTORS
18 Apr 2024 11:10 AM IST
Max Pain for TATAMOTORS is 1000
Strike 780 has a total call value of 0 versus a total put value of 509,963,325,000 Combined total value = 509,963,325,000
Strike 790 has a total call value of 0 versus a total put value of 481,199,700,000 Combined total value = 481,199,700,000
Strike 800 has a total call value of 0 versus a total put value of 452,436,075,000 Combined total value = 452,436,075,000
Strike 810 has a total call value of 0 versus a total put value of 424,242,450,000 Combined total value = 424,242,450,000
Strike 820 has a total call value of 0 versus a total put value of 396,048,825,000 Combined total value = 396,048,825,000
Strike 830 has a total call value of 98,325,000 versus a total put value of 367,990,575,000 Combined total value = 368,088,900,000
Strike 840 has a total call value of 196,650,000 versus a total put value of 339,985,050,000 Combined total value = 340,181,700,000
Strike 850 has a total call value of 294,975,000 versus a total put value of 312,032,250,000 Combined total value = 312,327,225,000
Strike 860 has a total call value of 731,025,000 versus a total put value of 284,887,425,000 Combined total value = 285,618,450,000
Strike 870 has a total call value of 1,167,075,000 versus a total put value of 258,113,100,000 Combined total value = 259,280,175,000
Strike 880 has a total call value of 1,603,125,000 versus a total put value of 231,543,975,000 Combined total value = 233,147,100,000
Strike 890 has a total call value of 2,039,175,000 versus a total put value of 205,425,150,000 Combined total value = 207,464,325,000
Strike 900 has a total call value of 2,475,225,000 versus a total put value of 179,520,075,000 Combined total value = 181,995,300,000
Strike 910 has a total call value of 3,508,350,000 versus a total put value of 157,158,975,000 Combined total value = 160,667,325,000
Strike 920 has a total call value of 4,619,850,000 versus a total put value of 135,229,650,000 Combined total value = 139,849,500,000
Strike 930 has a total call value of 5,791,200,000 versus a total put value of 114,089,775,000 Combined total value = 119,880,975,000
Strike 940 has a total call value of 6,962,550,000 versus a total put value of 93,879,000,000 Combined total value = 100,841,550,000
Strike 950 has a total call value of 8,210,850,000 versus a total put value of 76,003,800,000 Combined total value = 84,214,650,000
Strike 960 has a total call value of 9,766,950,000 versus a total put value of 60,630,900,000 Combined total value = 70,397,850,000
Strike 970 has a total call value of 11,505,450,000 versus a total put value of 46,727,175,000 Combined total value = 58,232,625,000
Strike 980 has a total call value of 13,524,675,000 versus a total put value of 34,242,750,000 Combined total value = 47,767,425,000
Strike 990 has a total call value of 16,346,175,000 versus a total put value of 23,603,700,000 Combined total value = 39,949,875,000
Strike 1000 has a total call value of 20,577,000,000 versus a total put value of 14,458,050,000 Combined total value = 35,035,050,000
Strike 1010 has a total call value of 33,278,025,000 versus a total put value of 9,379,350,000 Combined total value = 42,657,375,000
Strike 1020 has a total call value of 48,630,975,000 versus a total put value of 6,254,325,000 Combined total value = 54,885,300,000
Strike 1030 has a total call value of 71,110,350,000 versus a total put value of 4,447,425,000 Combined total value = 75,557,775,000
Strike 1040 has a total call value of 97,750,725,000 versus a total put value of 3,112,200,000 Combined total value = 100,862,925,000
Strike 1050 has a total call value of 127,453,425,000 versus a total put value of 2,023,500,000 Combined total value = 129,476,925,000
Strike 1060 has a total call value of 163,470,300,000 versus a total put value of 1,447,800,000 Combined total value = 164,918,100,000
Strike 1070 has a total call value of 202,305,825,000 versus a total put value of 1,011,750,000 Combined total value = 203,317,575,000
Strike 1080 has a total call value of 242,610,525,000 versus a total put value of 698,250,000 Combined total value = 243,308,775,000
Strike 1090 has a total call value of 285,259,350,000 versus a total put value of 384,750,000 Combined total value = 285,644,100,000
Strike 1100 has a total call value of 328,737,525,000 versus a total put value of 71,250,000 Combined total value = 328,808,775,000
Strike 1110 has a total call value of 378,633,900,000 versus a total put value of 57,000,000 Combined total value = 378,690,900,000
Strike 1120 has a total call value of 429,626,100,000 versus a total put value of 42,750,000 Combined total value = 429,668,850,000
Strike 1130 has a total call value of 481,724,100,000 versus a total put value of 28,500,000 Combined total value = 481,752,600,000
Strike 1140 has a total call value of 534,343,650,000 versus a total put value of 14,250,000 Combined total value = 534,357,900,000
Strike 1150 has a total call value of 587,460,525,000 versus a total put value of 0 Combined total value = 587,460,525,000
Strike 1160 has a total call value of 641,767,275,000 versus a total put value of 0 Combined total value = 641,767,275,000
Strike 1170 has a total call value of 696,557,100,000 versus a total put value of 0 Combined total value = 696,557,100,000
Strike 1180 has a total call value of 751,649,025,000 versus a total put value of 0 Combined total value = 751,649,025,000
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.