TATAMOTORS
TATA MOTORS LIMITED
Max pain for TATAMOTORS
24 Apr 2024 04:18 PM IST
Max Pain for TATAMOTORS is 1000
Strike 780 has a total call value of 0 versus a total put value of 277,621,350,000 Combined total value = 277,621,350,000
Strike 790 has a total call value of 0 versus a total put value of 261,801,000,000 Combined total value = 261,801,000,000
Strike 800 has a total call value of 0 versus a total put value of 245,980,650,000 Combined total value = 245,980,650,000
Strike 810 has a total call value of 0 versus a total put value of 230,669,025,000 Combined total value = 230,669,025,000
Strike 820 has a total call value of 0 versus a total put value of 215,357,400,000 Combined total value = 215,357,400,000
Strike 830 has a total call value of 0 versus a total put value of 200,193,975,000 Combined total value = 200,193,975,000
Strike 840 has a total call value of 0 versus a total put value of 185,063,325,000 Combined total value = 185,063,325,000
Strike 850 has a total call value of 1,425,000 versus a total put value of 169,976,850,000 Combined total value = 169,978,275,000
Strike 860 has a total call value of 78,375,000 versus a total put value of 155,671,275,000 Combined total value = 155,749,650,000
Strike 870 has a total call value of 155,325,000 versus a total put value of 141,572,325,000 Combined total value = 141,727,650,000
Strike 880 has a total call value of 232,275,000 versus a total put value of 127,603,050,000 Combined total value = 127,835,325,000
Strike 890 has a total call value of 309,225,000 versus a total put value of 113,948,700,000 Combined total value = 114,257,925,000
Strike 900 has a total call value of 386,175,000 versus a total put value of 100,451,100,000 Combined total value = 100,837,275,000
Strike 910 has a total call value of 634,125,000 versus a total put value of 88,176,150,000 Combined total value = 88,810,275,000
Strike 920 has a total call value of 882,075,000 versus a total put value of 76,106,400,000 Combined total value = 76,988,475,000
Strike 930 has a total call value of 1,181,325,000 versus a total put value of 64,535,400,000 Combined total value = 65,716,725,000
Strike 940 has a total call value of 1,553,250,000 versus a total put value of 53,349,150,000 Combined total value = 54,902,400,000
Strike 950 has a total call value of 2,067,675,000 versus a total put value of 43,206,000,000 Combined total value = 45,273,675,000
Strike 960 has a total call value of 2,889,900,000 versus a total put value of 34,275,525,000 Combined total value = 37,165,425,000
Strike 970 has a total call value of 4,198,050,000 versus a total put value of 26,289,825,000 Combined total value = 30,487,875,000
Strike 980 has a total call value of 5,940,825,000 versus a total put value of 19,451,250,000 Combined total value = 25,392,075,000
Strike 990 has a total call value of 8,246,475,000 versus a total put value of 13,661,475,000 Combined total value = 21,907,950,000
Strike 1000 has a total call value of 11,742,000,000 versus a total put value of 8,894,850,000 Combined total value = 20,636,850,000
Strike 1010 has a total call value of 21,003,075,000 versus a total put value of 5,739,900,000 Combined total value = 26,742,975,000
Strike 1020 has a total call value of 32,561,250,000 versus a total put value of 4,148,175,000 Combined total value = 36,709,425,000
Strike 1030 has a total call value of 47,566,500,000 versus a total put value of 3,192,000,000 Combined total value = 50,758,500,000
Strike 1040 has a total call value of 64,900,200,000 versus a total put value of 2,401,125,000 Combined total value = 67,301,325,000
Strike 1050 has a total call value of 83,436,600,000 versus a total put value of 1,754,175,000 Combined total value = 85,190,775,000
Strike 1060 has a total call value of 104,978,325,000 versus a total put value of 1,312,425,000 Combined total value = 106,290,750,000
Strike 1070 has a total call value of 127,955,025,000 versus a total put value of 966,150,000 Combined total value = 128,921,175,000
Strike 1080 has a total call value of 151,466,100,000 versus a total put value of 735,300,000 Combined total value = 152,201,400,000
Strike 1090 has a total call value of 175,782,300,000 versus a total put value of 504,450,000 Combined total value = 176,286,750,000
Strike 1100 has a total call value of 200,716,950,000 versus a total put value of 273,600,000 Combined total value = 200,990,550,000
Strike 1110 has a total call value of 228,109,725,000 versus a total put value of 239,400,000 Combined total value = 228,349,125,000
Strike 1120 has a total call value of 255,977,025,000 versus a total put value of 205,200,000 Combined total value = 256,182,225,000
Strike 1130 has a total call value of 284,182,050,000 versus a total put value of 171,000,000 Combined total value = 284,353,050,000
Strike 1140 has a total call value of 312,667,800,000 versus a total put value of 136,800,000 Combined total value = 312,804,600,000
Strike 1150 has a total call value of 341,304,600,000 versus a total put value of 102,600,000 Combined total value = 341,407,200,000
Strike 1160 has a total call value of 370,509,975,000 versus a total put value of 68,400,000 Combined total value = 370,578,375,000
Strike 1170 has a total call value of 399,910,575,000 versus a total put value of 34,200,000 Combined total value = 399,944,775,000
Strike 1180 has a total call value of 429,428,025,000 versus a total put value of 0 Combined total value = 429,428,025,000
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.