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TATAMOTORS
Tata Motors Limited

931.2 2.70 (0.29%)

Max pain for TATAMOTORS

11 Oct 2024 11:02 AM IST

Max Pain for TATAMOTORS is 950  



Strike  780  has a total call value of 0  versus a total put value of  484,805,200,000 Combined total value = 484,805,200,000

Strike  790  has a total call value of 0  versus a total put value of  451,734,250,000 Combined total value = 451,734,250,000

Strike  800  has a total call value of 0  versus a total put value of  418,663,300,000 Combined total value = 418,663,300,000

Strike  810  has a total call value of 0  versus a total put value of  386,318,900,000 Combined total value = 386,318,900,000

Strike  820  has a total call value of 0  versus a total put value of  353,974,500,000 Combined total value = 353,974,500,000

Strike  830  has a total call value of 0  versus a total put value of  322,597,550,000 Combined total value = 322,597,550,000

Strike  840  has a total call value of 0  versus a total put value of  291,635,850,000 Combined total value = 291,635,850,000

Strike  850  has a total call value of 4,400,000  versus a total put value of  261,121,850,000 Combined total value = 261,126,250,000

Strike  860  has a total call value of 77,000,000  versus a total put value of  232,103,850,000 Combined total value = 232,180,850,000

Strike  870  has a total call value of 163,900,000  versus a total put value of  203,788,200,000 Combined total value = 203,952,100,000

Strike  880  has a total call value of 250,800,000  versus a total put value of  176,356,400,000 Combined total value = 176,607,200,000

Strike  890  has a total call value of 391,050,000  versus a total put value of  150,294,100,000 Combined total value = 150,685,150,000

Strike  900  has a total call value of 596,200,000  versus a total put value of  125,481,950,000 Combined total value = 126,078,150,000

Strike  910  has a total call value of 1,660,450,000  versus a total put value of  105,468,000,000 Combined total value = 107,128,450,000

Strike  920  has a total call value of 3,111,350,000  versus a total put value of  87,110,650,000 Combined total value = 90,222,000,000

Strike  930  has a total call value of 5,647,950,000  versus a total put value of  71,641,350,000 Combined total value = 77,289,300,000

Strike  940  has a total call value of 10,131,000,000  versus a total put value of  58,829,100,000 Combined total value = 68,960,100,000

Strike  950  has a total call value of 18,241,300,000  versus a total put value of  48,011,150,000 Combined total value = 66,252,450,000

Strike  960  has a total call value of 31,194,350,000  versus a total put value of  39,158,900,000 Combined total value = 70,353,250,000

Strike  970  has a total call value of 46,739,550,000  versus a total put value of  31,400,050,000 Combined total value = 78,139,600,000

Strike  980  has a total call value of 65,150,800,000  versus a total put value of  24,649,900,000 Combined total value = 89,800,700,000

Strike  990  has a total call value of 88,710,600,000  versus a total put value of  19,587,150,000 Combined total value = 108,297,750,000

Strike  1000  has a total call value of 115,577,550,000  versus a total put value of  15,334,000,000 Combined total value = 130,911,550,000

Strike  1010  has a total call value of 155,888,700,000  versus a total put value of  13,138,400,000 Combined total value = 169,027,100,000

Strike  1020  has a total call value of 197,960,950,000  versus a total put value of  10,942,800,000 Combined total value = 208,903,750,000

Strike  1030  has a total call value of 243,348,600,000  versus a total put value of  8,747,200,000 Combined total value = 252,095,800,000

Strike  1040  has a total call value of 290,469,300,000  versus a total put value of  6,862,900,000 Combined total value = 297,332,200,000

Strike  1050  has a total call value of 338,827,500,000  versus a total put value of  4,978,600,000 Combined total value = 343,806,100,000

Strike  1060  has a total call value of 391,433,900,000  versus a total put value of  3,904,450,000 Combined total value = 395,338,350,000

Strike  1070  has a total call value of 445,251,950,000  versus a total put value of  2,830,300,000 Combined total value = 448,082,250,000

Strike  1080  has a total call value of 499,676,100,000  versus a total put value of  1,756,150,000 Combined total value = 501,432,250,000

Strike  1090  has a total call value of 554,849,350,000  versus a total put value of  901,450,000 Combined total value = 555,750,800,000

Strike  1100  has a total call value of 610,363,600,000  versus a total put value of  46,750,000 Combined total value = 610,410,350,000

Strike  1110  has a total call value of 672,885,950,000  versus a total put value of  0 Combined total value = 672,885,950,000

Strike  1120  has a total call value of 735,665,150,000  versus a total put value of  0 Combined total value = 735,665,150,000

Strike  1130  has a total call value of 799,037,800,000  versus a total put value of  0 Combined total value = 799,037,800,000

Strike  1140  has a total call value of 862,715,150,000  versus a total put value of  0 Combined total value = 862,715,150,000

Strike  1150  has a total call value of 926,664,200,000  versus a total put value of  0 Combined total value = 926,664,200,000

Strike  1160  has a total call value of 991,571,350,000  versus a total put value of  0 Combined total value = 991,571,350,000

Strike  1170  has a total call value of 1,056,729,850,000  versus a total put value of  0 Combined total value = 1,056,729,850,000

Strike  1180  has a total call value of 1,121,945,000,000  versus a total put value of  0 Combined total value = 1,121,945,000,000

Strike  1190  has a total call value of 1,187,295,450,000  versus a total put value of  0 Combined total value = 1,187,295,450,000

Strike  1200  has a total call value of 1,252,689,900,000  versus a total put value of  0 Combined total value = 1,252,689,900,000

Strike  1210  has a total call value of 1,319,490,700,000  versus a total put value of  0 Combined total value = 1,319,490,700,000

Strike  1220  has a total call value of 1,386,291,500,000  versus a total put value of  0 Combined total value = 1,386,291,500,000

Strike  1230  has a total call value of 1,453,092,300,000  versus a total put value of  0 Combined total value = 1,453,092,300,000

Strike  1240  has a total call value of 1,519,893,100,000  versus a total put value of  0 Combined total value = 1,519,893,100,000

Strike  1250  has a total call value of 1,586,693,900,000  versus a total put value of  0 Combined total value = 1,586,693,900,000

Strike  1260  has a total call value of 1,653,494,700,000  versus a total put value of  0 Combined total value = 1,653,494,700,000

All Max-Pain Table


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.