TATAPOWER
Tata Power Company Limited
Max pain for TATAPOWER
25 Sep 2023 12:15 PM IST
Max Pain for TATAPOWER is 260
Strike 182.5 has a total call value of 0 versus a total put value of 2,205,275,625 Combined total value = 2,205,275,625
Strike 185 has a total call value of 0 versus a total put value of 2,123,153,437.5 Combined total value = 2,123,153,437.5
Strike 187.5 has a total call value of 0 versus a total put value of 2,041,031,250 Combined total value = 2,041,031,250
Strike 190 has a total call value of 0 versus a total put value of 1,958,909,062.5 Combined total value = 1,958,909,062.5
Strike 192.5 has a total call value of 0 versus a total put value of 1,877,242,500 Combined total value = 1,877,242,500
Strike 195 has a total call value of 0 versus a total put value of 1,795,575,937.5 Combined total value = 1,795,575,937.5
Strike 197.5 has a total call value of 0 versus a total put value of 1,713,993,750 Combined total value = 1,713,993,750
Strike 200 has a total call value of 0 versus a total put value of 1,632,428,437.5 Combined total value = 1,632,428,437.5
Strike 202.5 has a total call value of 42,187.5 versus a total put value of 1,551,647,812.5 Combined total value = 1,551,690,000
Strike 205 has a total call value of 84,375 versus a total put value of 1,470,867,187.5 Combined total value = 1,470,951,562.5
Strike 207.5 has a total call value of 126,562.5 versus a total put value of 1,390,086,562.5 Combined total value = 1,390,213,125
Strike 210 has a total call value of 168,750 versus a total put value of 1,309,305,937.5 Combined total value = 1,309,474,687.5
Strike 212.5 has a total call value of 320,625 versus a total put value of 1,229,841,562.5 Combined total value = 1,230,162,187.5
Strike 215 has a total call value of 472,500 versus a total put value of 1,150,385,625 Combined total value = 1,150,858,125
Strike 217.5 has a total call value of 632,812.5 versus a total put value of 1,071,326,250 Combined total value = 1,071,959,062.5
Strike 220 has a total call value of 793,125 versus a total put value of 992,469,375 Combined total value = 993,262,500
Strike 222.5 has a total call value of 1,307,812.5 versus a total put value of 915,747,187.5 Combined total value = 917,055,000
Strike 225 has a total call value of 1,847,812.5 versus a total put value of 839,109,375 Combined total value = 840,957,187.5
Strike 227.5 has a total call value of 2,430,000 versus a total put value of 764,547,187.5 Combined total value = 766,977,187.5
Strike 230 has a total call value of 3,012,187.5 versus a total put value of 690,179,062.5 Combined total value = 693,191,250
Strike 232.5 has a total call value of 4,311,562.5 versus a total put value of 620,038,125 Combined total value = 624,349,687.5
Strike 235 has a total call value of 5,610,937.5 versus a total put value of 550,310,625 Combined total value = 555,921,562.5
Strike 237.5 has a total call value of 8,091,562.5 versus a total put value of 483,544,687.5 Combined total value = 491,636,250
Strike 240 has a total call value of 10,614,375 versus a total put value of 417,917,812.5 Combined total value = 428,532,187.5
Strike 242.5 has a total call value of 13,955,625 versus a total put value of 360,939,375 Combined total value = 374,895,000
Strike 245 has a total call value of 17,516,250 versus a total put value of 304,467,187.5 Combined total value = 321,983,437.5
Strike 247.5 has a total call value of 22,207,500 versus a total put value of 252,728,437.5 Combined total value = 274,935,937.5
Strike 250 has a total call value of 28,155,937.5 versus a total put value of 202,795,312.5 Combined total value = 230,951,250
Strike 252.5 has a total call value of 37,639,687.5 versus a total put value of 164,497,500 Combined total value = 202,137,187.5
Strike 255 has a total call value of 47,638,125 versus a total put value of 127,617,187.5 Combined total value = 175,255,312.5
Strike 257.5 has a total call value of 62,673,750 versus a total put value of 99,005,625 Combined total value = 161,679,375
Strike 260 has a total call value of 81,801,562.5 versus a total put value of 72,857,812.5 Combined total value = 154,659,375
Strike 262.5 has a total call value of 119,685,937.5 versus a total put value of 56,742,187.5 Combined total value = 176,428,125
Strike 265 has a total call value of 160,979,062.5 versus a total put value of 41,445,000 Combined total value = 202,424,062.5
Strike 267.5 has a total call value of 215,915,625 versus a total put value of 29,936,250 Combined total value = 245,851,875
Strike 270 has a total call value of 275,425,312.5 versus a total put value of 19,608,750 Combined total value = 295,034,062.5
Strike 272.5 has a total call value of 360,509,062.5 versus a total put value of 13,947,187.5 Combined total value = 374,456,250
Strike 275 has a total call value of 449,330,625 versus a total put value of 8,985,937.5 Combined total value = 458,316,562.5
Strike 277.5 has a total call value of 552,690,000 versus a total put value of 5,847,187.5 Combined total value = 558,537,187.5
Strike 280 has a total call value of 658,108,125 versus a total put value of 3,138,750 Combined total value = 661,246,875
Strike 282.5 has a total call value of 786,628,125 versus a total put value of 1,890,000 Combined total value = 788,518,125
Strike 285 has a total call value of 916,793,437.5 versus a total put value of 1,096,875 Combined total value = 917,890,312.5
Strike 287.5 has a total call value of 1,053,953,437.5 versus a total put value of 573,750 Combined total value = 1,054,527,187.5
Strike 290 has a total call value of 1,191,594,375 versus a total put value of 261,562.5 Combined total value = 1,191,855,937.5
Strike 292.5 has a total call value of 1,342,608,750 versus a total put value of 177,187.5 Combined total value = 1,342,785,937.5
Strike 295 has a total call value of 1,494,509,062.5 versus a total put value of 92,812.5 Combined total value = 1,494,601,875
Strike 297.5 has a total call value of 1,651,750,312.5 versus a total put value of 59,062.5 Combined total value = 1,651,809,375
Strike 300 has a total call value of 1,811,742,187.5 versus a total put value of 25,312.5 Combined total value = 1,811,767,500
Strike 302.5 has a total call value of 1,976,931,562.5 versus a total put value of 0 Combined total value = 1,976,931,562.5
Strike 305 has a total call value of 2,142,593,437.5 versus a total put value of 0 Combined total value = 2,142,593,437.5
Strike 307.5 has a total call value of 2,311,402,500 versus a total put value of 0 Combined total value = 2,311,402,500
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.