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TATASTEEL
Tata Steel Limited

141.32 2.47 (1.78%)

Max pain for TATASTEEL

28 Apr 2025 11:07 AM IST

Max Pain for TATASTEEL is 142.5  



Strike  100  has a total call value of 0  versus a total put value of  261,642,425,000 Combined total value = 261,642,425,000

Strike  102.5  has a total call value of 0  versus a total put value of  244,498,925,000 Combined total value = 244,498,925,000

Strike  105  has a total call value of 0  versus a total put value of  227,355,425,000 Combined total value = 227,355,425,000

Strike  107.5  has a total call value of 0  versus a total put value of  210,341,175,000 Combined total value = 210,341,175,000

Strike  110  has a total call value of 0  versus a total put value of  193,335,175,000 Combined total value = 193,335,175,000

Strike  112.5  has a total call value of 0  versus a total put value of  176,677,050,000 Combined total value = 176,677,050,000

Strike  115  has a total call value of 0  versus a total put value of  160,018,925,000 Combined total value = 160,018,925,000

Strike  116  has a total call value of 0  versus a total put value of  153,499,225,000 Combined total value = 153,499,225,000

Strike  117.5  has a total call value of 0  versus a total put value of  143,770,000,000 Combined total value = 143,770,000,000

Strike  120  has a total call value of 0  versus a total put value of  127,554,625,000 Combined total value = 127,554,625,000

Strike  122.5  has a total call value of 246,125,000  versus a total put value of  112,454,375,000 Combined total value = 112,700,500,000

Strike  124  has a total call value of 459,800,000  versus a total put value of  103,532,825,000 Combined total value = 103,992,625,000

Strike  125  has a total call value of 602,250,000  versus a total put value of  97,643,425,000 Combined total value = 98,245,675,000

Strike  127.5  has a total call value of 1,296,625,000  versus a total put value of  84,043,300,000 Combined total value = 85,339,925,000

Strike  128  has a total call value of 1,459,975,000  versus a total put value of  81,361,775,000 Combined total value = 82,821,750,000

Strike  130  has a total call value of 2,113,375,000  versus a total put value of  70,875,475,000 Combined total value = 72,988,850,000

Strike  132.5  has a total call value of 3,403,125,000  versus a total put value of  58,996,850,000 Combined total value = 62,399,975,000

Strike  135  has a total call value of 4,763,000,000  versus a total put value of  47,490,850,000 Combined total value = 52,253,850,000

Strike  137.5  has a total call value of 6,714,125,000  versus a total put value of  37,211,350,000 Combined total value = 43,925,475,000

Strike  140  has a total call value of 9,108,000,000  versus a total put value of  27,518,975,000 Combined total value = 36,626,975,000

Strike  142  has a total call value of 13,151,600,000  versus a total put value of  21,983,775,000 Combined total value = 35,135,375,000

Strike  142.5  has a total call value of 14,257,925,000  versus a total put value of  20,599,975,000 Combined total value = 34,857,900,000

Strike  145  has a total call value of 20,988,550,000  versus a total put value of  14,940,475,000 Combined total value = 35,929,025,000

Strike  147.5  has a total call value of 30,436,175,000  versus a total put value of  10,992,850,000 Combined total value = 41,429,025,000

Strike  148  has a total call value of 32,411,225,000  versus a total put value of  10,250,625,000 Combined total value = 42,661,850,000

Strike  150  has a total call value of 40,311,425,000  versus a total put value of  7,330,125,000 Combined total value = 47,641,550,000

Strike  152.5  has a total call value of 53,919,800,000  versus a total put value of  5,706,250,000 Combined total value = 59,626,050,000

Strike  154  has a total call value of 62,272,100,000  versus a total put value of  4,797,925,000 Combined total value = 67,070,025,000

Strike  155  has a total call value of 67,908,500,000  versus a total put value of  4,192,375,000 Combined total value = 72,100,875,000

Strike  157.5  has a total call value of 83,562,875,000  versus a total put value of  3,058,000,000 Combined total value = 86,620,875,000

Strike  160  has a total call value of 99,547,250,000  versus a total put value of  2,029,500,000 Combined total value = 101,576,750,000

Strike  162.5  has a total call value of 117,733,000,000  versus a total put value of  1,670,625,000 Combined total value = 119,403,625,000

Strike  165  has a total call value of 136,004,000,000  versus a total put value of  1,311,750,000 Combined total value = 137,315,750,000

Strike  167.5  has a total call value of 154,837,375,000  versus a total put value of  952,875,000 Combined total value = 155,790,250,000

Strike  170  has a total call value of 173,684,500,000  versus a total put value of  594,000,000 Combined total value = 174,278,500,000

Strike  172  has a total call value of 189,477,200,000  versus a total put value of  462,000,000 Combined total value = 189,939,200,000

Strike  172.5  has a total call value of 193,435,275,000  versus a total put value of  429,000,000 Combined total value = 193,864,275,000

Strike  175  has a total call value of 213,225,650,000  versus a total put value of  264,000,000 Combined total value = 213,489,650,000

Strike  177.5  has a total call value of 233,288,275,000  versus a total put value of  132,000,000 Combined total value = 233,420,275,000

Strike  180  has a total call value of 253,350,900,000  versus a total put value of  0 Combined total value = 253,350,900,000


  Note:- click on symbol to see more detailed view
Max Pain
Symbol Symbol Ltp Max Pain
AARTIIND 429.3 430
ABB 5488.5 5600
ABCAPITAL 196.76 205
ABFRL 274.3 270
ACC 1938.4 2000
ADANIENSOL 931.05 920
ADANIENT 2393.5 2560
ADANIGREEN 937 960
ADANIPORTS 1213.5 1240
ALKEM 5044.7 5100
AMBUJACEM 548.95 570
ANGELONE 2354.5 2350
APLAPOLLO 1625 1600
APOLLOHOSP 6996.5 7100
APOLLOTYRE 456.1 460
ASHOKLEY 224.96 225
ASIANPAINT 2436.1 2460
ASTRAL 1368.9 1380
ATGL 618.5 630
AUBANK 672 650
AUROPHARMA 1238.5 1220
AXISBANK 1181.5 1200
BAJAJ-AUTO 8048 8200
BAJAJFINSV 2068.1 2060
BAJFINANCE 9039.5 9200
BALKRISIND 2549.9 2560
BANDHANBNK 163 170
BANKBARODA 249.91 250
BANKINDIA 117.48 117
BEL 306.5 300
BHARATFORG 1095.8 1100
BHARTIARTL 1822.7 1820
BHEL 227.41 230
BIOCON 317.3 325
BOSCHLTD 28085 28000
BPCL 304.65 300
BRITANNIA 5432 5450
BSE 6442 6250
BSOFT 386.7 400
CAMS 3947 4000
CANBK 97.75 99
CDSL 1341.4 1300
CESC 158.19 157.5
CGPOWER 635.2 650
CHAMBLFERT 687.15 680
CHOLAFIN 1559.1 1540
CIPLA 1551.1 1540
COALINDIA 397.75 405
COFORGE 7356.5 7200
COLPAL 2680.5 2620
CONCOR 685.35 700
CROMPTON 335 340
CUMMINSIND 2892.6 2950
CYIENT 1175.8 1180
DABUR 484.75 490
DALBHARAT 1990.9 1940
DEEPAKNTR 1970 2000
DELHIVERY 308 300
DIVISLAB 6090 6100
DIXON 16460 16000
DLF 660.65 680
DMART 4410 4400
DRREDDY 1200.2 1200
EICHERMOT 5604.5 5700
ESCORTS 3368.6 3400
ETERNAL 226.94 230
EXIDEIND 370.9 380
FEDERALBNK 199.07 200
GAIL 188.95 195
GLENMARK 1401.5 1400
GMRAIRPORT 88.52 88
GODREJCP 1249.3 1250
GODREJPROP 2107 2100
GRANULES 462.3 480
GRASIM 2759.7 2700
HAL 4415 4300
HAVELLS 1602.9 1600
HCLTECH 1550.2 1560
HDFCAMC 4368 4400
HDFCBANK 1924.1 1920
HDFCLIFE 702 710
HEROMOTOCO 3887.4 3900
HFCL 81.9 85
HINDALCO 629.45 630
HINDCOPPER 218.7 220
HINDPETRO 389.55 390
HINDUNILVR 2329.4 2360
HINDZINC 457.9 450
HUDCO 224.3 225
ICICIBANK 1427.9 1420
ICICIGI 1839.8 1860
ICICIPRULI 597.5 600
IDEA 7.44 8
IDFCFIRSTB 66.05 66
IEX 194.27 192.5
IGL 183.48 180
IIFL 370.6 370
INDHOTEL 798.8 800
INDIANB 578 580
INDIGO 5362.5 5300
INDUSINDBK 838.45 820
INDUSTOWER 405.9 400
INFY 1475.1 1480
INOXWIND 174.76 170
IOC 136.25 140
IRB 46.56 48
IRCTC 761.5 780
IREDA 168.1 160
IRFC 129.08 127.5
ITC 429 430
JINDALSTEL 907 900
JIOFIN 257 255
JSL 558.2 580
JSWENERGY 481.8 500
JSWSTEEL 1049.6 1040
JUBLFOOD 697.4 700
KALYANKJIL 516.95 520
KEI 2982.4 3000
KOTAKBANK 2223 2200
KPITTECH 1211.7 1200
LAURUSLABS 636.6 640
LICHSGFIN 600.9 600
LICI 798.85 800
LODHA 1286.2 1300
LT 3309.8 3320
LTF 165.75 162.5
LTIM 4467.3 4500
LUPIN 2102.2 2080
M&M 2913.6 2900
M&MFIN 262.5 270
MANAPPURAM 229.82 230
MARICO 718.5 710
MARUTI 11777 11800
MAXHEALTH 1089.2 1100
MCX 6128 5900
MFSL 1266.1 1260
MGL 1314.5 1300
MOTHERSON 133.92 137.5
MPHASIS 2442.9 2500
MRF 129580 128000
MUTHOOTFIN 2127.8 2120
NATIONALUM 159.46 170
NAUKRI 6946 7100
NBCC 96.04 100
NCC 217.3 220
NESTLEIND 2402.5 2400
NHPC 86.34 88
NMDC 65.66 69
NTPC 361.7 365
NYKAA 194.75 190
OBEROIRLTY 1631.8 1640
OFSS 8659.5 8600
OIL 402.35 400
ONGC 250.1 250
PAGEIND 44700 45000
PATANJALI 1955.9 2000
PAYTM 883.75 880
PEL 985.9 1000
PERSISTENT 5232 5200
PETRONET 311.3 315
PFC 419.75 440
PHOENIXLTD 1627.2 1700
PIDILITIND 3007 3000
PIIND 3633.5 3650
PNB 101.07 103
PNBHOUSING 985.15 1000
POLICYBZR 1602.4 1620
POLYCAB 5536.5 5500
POONAWALLA 370.65 380
POWERGRID 310.7 315
PRESTIGE 1299.6 1300
RAMCOCEM 964.5 970
RBLBANK 200.23 197.5
RECLTD 428.05 440
RELIANCE 1356.7 1320
SAIL 116.95 120
SBICARD 863.25 880
SBILIFE 1691.5 1700
SBIN 808.4 810
SHREECEM 30570 31000
SHRIRAMFIN 621.25 630
SIEMENS 2871 2900
SJVN 97 100
SOLARINDS 13025 13000
SONACOMS 456.4 460
SRF 2998.5 3000
SUNPHARMA 1836.7 1780
SUPREMEIND 3571.8 3500
SYNGENE 620.55 650
TATACHEM 833.15 870
TATACOMM 1571.6 1600
TATACONSUM 1152.5 1130
TATAELXSI 5624.5 5500
TATAMOTORS 664.5 670
TATAPOWER 395.85 400
TATASTEEL 141.32 142.5
TATATECH 708.65 680
TCS 3433.2 3400
TECHM 1456.8 1440
TIINDIA 2608 2600
TITAGARH 778 800
TITAN 3396 3340
TORNTPHARM 3329.8 3300
TORNTPOWER 1563.6 1600
TRENT 5200 5300
TVSMOTOR 2739 2740
ULTRACEMCO 12290 12100
UNIONBANK 127.18 130
UNITDSPR 1535.1 1520
UPL 674.7 670
VBL 534.4 530
VEDL 417 430
VOLTAS 1238.4 1300
WIPRO 240.25 240
YESBANK 17.92 18
ZOMATO 0 80
ZYDUSLIFE 877.2 880

Note:
Stock LTP > Max Pain Bearish Trend
Stock LTP < Max Pain Bullish Trend

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.