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TATASTEEL
TATA STEEL LIMITED

177.05 0.68 (0.39%)

Max pain for TATASTEEL

04 Jul 2024 11:53 AM IST

Max Pain for TATASTEEL is 176  



Strike  136.4  has a total call value of 0  versus a total put value of  183,195,925,000 Combined total value = 183,195,925,000

Strike  137  has a total call value of 0  versus a total put value of  179,871,835,000 Combined total value = 179,871,835,000

Strike  137.4  has a total call value of 0  versus a total put value of  177,655,775,000 Combined total value = 177,655,775,000

Strike  137.5  has a total call value of 0  versus a total put value of  177,101,760,000 Combined total value = 177,101,760,000

Strike  138  has a total call value of 0  versus a total put value of  174,331,685,000 Combined total value = 174,331,685,000

Strike  138.4  has a total call value of 0  versus a total put value of  172,115,625,000 Combined total value = 172,115,625,000

Strike  139  has a total call value of 0  versus a total put value of  168,791,535,000 Combined total value = 168,791,535,000

Strike  139.4  has a total call value of 0  versus a total put value of  166,575,475,000 Combined total value = 166,575,475,000

Strike  140  has a total call value of 0  versus a total put value of  163,251,385,000 Combined total value = 163,251,385,000

Strike  140.4  has a total call value of 0  versus a total put value of  161,035,325,000 Combined total value = 161,035,325,000

Strike  141  has a total call value of 0  versus a total put value of  157,711,235,000 Combined total value = 157,711,235,000

Strike  141.4  has a total call value of 0  versus a total put value of  155,495,175,000 Combined total value = 155,495,175,000

Strike  142  has a total call value of 0  versus a total put value of  152,171,085,000 Combined total value = 152,171,085,000

Strike  142.4  has a total call value of 0  versus a total put value of  149,955,025,000 Combined total value = 149,955,025,000

Strike  142.5  has a total call value of 0  versus a total put value of  149,401,835,000 Combined total value = 149,401,835,000

Strike  143  has a total call value of 0  versus a total put value of  146,635,885,000 Combined total value = 146,635,885,000

Strike  143.4  has a total call value of 0  versus a total put value of  144,423,125,000 Combined total value = 144,423,125,000

Strike  144  has a total call value of 0  versus a total put value of  141,103,985,000 Combined total value = 141,103,985,000

Strike  144.4  has a total call value of 0  versus a total put value of  138,891,225,000 Combined total value = 138,891,225,000

Strike  145  has a total call value of 0  versus a total put value of  135,572,085,000 Combined total value = 135,572,085,000

Strike  145.4  has a total call value of 0  versus a total put value of  133,359,325,000 Combined total value = 133,359,325,000

Strike  146  has a total call value of 0  versus a total put value of  130,040,185,000 Combined total value = 130,040,185,000

Strike  146.4  has a total call value of 0  versus a total put value of  127,827,425,000 Combined total value = 127,827,425,000

Strike  147  has a total call value of 0  versus a total put value of  124,563,065,000 Combined total value = 124,563,065,000

Strike  147.4  has a total call value of 0  versus a total put value of  122,386,825,000 Combined total value = 122,386,825,000

Strike  147.5  has a total call value of 0  versus a total put value of  121,842,765,000 Combined total value = 121,842,765,000

Strike  148  has a total call value of 0  versus a total put value of  119,122,465,000 Combined total value = 119,122,465,000

Strike  148.4  has a total call value of 0  versus a total put value of  116,946,225,000 Combined total value = 116,946,225,000

Strike  149  has a total call value of 0  versus a total put value of  113,681,865,000 Combined total value = 113,681,865,000

Strike  149.4  has a total call value of 0  versus a total put value of  111,505,625,000 Combined total value = 111,505,625,000

Strike  150  has a total call value of 0  versus a total put value of  108,241,265,000 Combined total value = 108,241,265,000

Strike  150.4  has a total call value of 0  versus a total put value of  106,098,025,000 Combined total value = 106,098,025,000

Strike  151  has a total call value of 0  versus a total put value of  102,883,165,000 Combined total value = 102,883,165,000

Strike  151.4  has a total call value of 0  versus a total put value of  100,739,925,000 Combined total value = 100,739,925,000

Strike  152  has a total call value of 0  versus a total put value of  97,528,035,000 Combined total value = 97,528,035,000

Strike  152.4  has a total call value of 0  versus a total put value of  95,386,775,000 Combined total value = 95,386,775,000

Strike  152.5  has a total call value of 0  versus a total put value of  94,855,585,000 Combined total value = 94,855,585,000

Strike  153  has a total call value of 0  versus a total put value of  92,199,635,000 Combined total value = 92,199,635,000

Strike  153.4  has a total call value of 0  versus a total put value of  90,074,875,000 Combined total value = 90,074,875,000

Strike  154  has a total call value of 0  versus a total put value of  86,887,735,000 Combined total value = 86,887,735,000

Strike  154.4  has a total call value of 0  versus a total put value of  84,777,055,000 Combined total value = 84,777,055,000

Strike  155  has a total call value of 0  versus a total put value of  81,611,035,000 Combined total value = 81,611,035,000

Strike  155.4  has a total call value of 0  versus a total put value of  79,550,075,000 Combined total value = 79,550,075,000

Strike  156  has a total call value of 0  versus a total put value of  76,458,635,000 Combined total value = 76,458,635,000

Strike  156.4  has a total call value of 0  versus a total put value of  74,425,395,000 Combined total value = 74,425,395,000

Strike  157  has a total call value of 0  versus a total put value of  71,472,885,000 Combined total value = 71,472,885,000

Strike  157.4  has a total call value of 0  versus a total put value of  69,504,545,000 Combined total value = 69,504,545,000

Strike  157.5  has a total call value of 0  versus a total put value of  69,012,460,000 Combined total value = 69,012,460,000

Strike  158  has a total call value of 0  versus a total put value of  66,552,035,000 Combined total value = 66,552,035,000

Strike  158.4  has a total call value of 0  versus a total put value of  64,606,355,000 Combined total value = 64,606,355,000

Strike  159  has a total call value of 0  versus a total put value of  61,687,835,000 Combined total value = 61,687,835,000

Strike  159.4  has a total call value of 0  versus a total put value of  59,742,155,000 Combined total value = 59,742,155,000

Strike  160  has a total call value of 0  versus a total put value of  56,823,635,000 Combined total value = 56,823,635,000

Strike  160.4  has a total call value of 5,280,000  versus a total put value of  55,115,115,000 Combined total value = 55,120,395,000

Strike  161  has a total call value of 13,200,000  versus a total put value of  52,594,245,000 Combined total value = 52,607,445,000

Strike  161.4  has a total call value of 18,480,000  versus a total put value of  50,913,665,000 Combined total value = 50,932,145,000

Strike  162  has a total call value of 26,400,000  versus a total put value of  48,439,985,000 Combined total value = 48,466,385,000

Strike  162.4  has a total call value of 31,680,000  versus a total put value of  46,829,585,000 Combined total value = 46,861,265,000

Strike  162.5  has a total call value of 33,000,000  versus a total put value of  46,426,985,000 Combined total value = 46,459,985,000

Strike  163  has a total call value of 39,600,000  versus a total put value of  44,413,985,000 Combined total value = 44,453,585,000

Strike  163.4  has a total call value of 44,880,000  versus a total put value of  42,815,905,000 Combined total value = 42,860,785,000

Strike  164  has a total call value of 52,800,000  versus a total put value of  40,418,785,000 Combined total value = 40,471,585,000

Strike  164.4  has a total call value of 58,080,000  versus a total put value of  38,844,245,000 Combined total value = 38,902,325,000

Strike  165  has a total call value of 66,000,000  versus a total put value of  36,503,555,000 Combined total value = 36,569,555,000

Strike  165.4  has a total call value of 81,840,000  versus a total put value of  35,067,615,000 Combined total value = 35,149,455,000

Strike  166  has a total call value of 105,600,000  versus a total put value of  32,988,285,000 Combined total value = 33,093,885,000

Strike  166.4  has a total call value of 121,440,000  versus a total put value of  31,612,185,000 Combined total value = 31,733,625,000

Strike  167  has a total call value of 230,010,000  versus a total put value of  29,738,115,000 Combined total value = 29,968,125,000

Strike  167.4  has a total call value of 302,390,000  versus a total put value of  28,499,735,000 Combined total value = 28,802,125,000

Strike  167.5  has a total call value of 320,485,000  versus a total put value of  28,194,375,000 Combined total value = 28,514,860,000

Strike  168  has a total call value of 410,960,000  versus a total put value of  26,676,375,000 Combined total value = 27,087,335,000

Strike  168.4  has a total call value of 484,440,000  versus a total put value of  25,482,875,000 Combined total value = 25,967,315,000

Strike  169  has a total call value of 594,660,000  versus a total put value of  23,709,455,000 Combined total value = 24,304,115,000

Strike  169.4  has a total call value of 668,140,000  versus a total put value of  22,537,735,000 Combined total value = 23,205,875,000

Strike  170  has a total call value of 778,360,000  versus a total put value of  20,800,615,000 Combined total value = 21,578,975,000

Strike  170.4  has a total call value of 929,280,000  versus a total put value of  19,826,895,000 Combined total value = 20,756,175,000

Strike  171  has a total call value of 1,159,290,000  versus a total put value of  18,399,645,000 Combined total value = 19,558,935,000

Strike  171.4  has a total call value of 1,312,630,000  versus a total put value of  17,459,145,000 Combined total value = 18,771,775,000

Strike  172  has a total call value of 1,566,730,000  versus a total put value of  16,092,285,000 Combined total value = 17,659,015,000

Strike  172.4  has a total call value of 1,748,670,000  versus a total put value of  15,202,165,000 Combined total value = 16,950,835,000

Strike  172.5  has a total call value of 1,797,895,000  versus a total put value of  14,981,560,000 Combined total value = 16,779,455,000

Strike  173  has a total call value of 2,046,220,000  versus a total put value of  13,884,310,000 Combined total value = 15,930,530,000

Strike  173.4  has a total call value of 2,280,960,000  versus a total put value of  13,035,110,000 Combined total value = 15,316,070,000

Strike  174  has a total call value of 2,650,560,000  versus a total put value of  11,780,450,000 Combined total value = 14,431,010,000

Strike  174.4  has a total call value of 2,931,500,000  versus a total put value of  10,978,110,000 Combined total value = 13,909,610,000

Strike  175  has a total call value of 3,382,610,000  versus a total put value of  9,815,520,000 Combined total value = 13,198,130,000

Strike  175.4  has a total call value of 3,914,130,000  versus a total put value of  9,219,980,000 Combined total value = 13,134,110,000

Strike  176  has a total call value of 4,754,970,000  versus a total put value of  8,371,550,000 Combined total value = 13,126,520,000

Strike  176.4  has a total call value of 5,376,470,000  versus a total put value of  7,854,990,000 Combined total value = 13,231,460,000

Strike  177  has a total call value of 6,469,100,000  versus a total put value of  7,198,290,000 Combined total value = 13,667,390,000

Strike  177.4  has a total call value of 7,273,200,000  versus a total put value of  6,786,010,000 Combined total value = 14,059,210,000

Strike  177.5  has a total call value of 7,482,860,000  versus a total put value of  6,690,145,000 Combined total value = 14,173,005,000

Strike  178  has a total call value of 8,558,385,000  versus a total put value of  6,225,670,000 Combined total value = 14,784,055,000

Strike  178.4  has a total call value of 9,494,045,000  versus a total put value of  5,878,290,000 Combined total value = 15,372,335,000

Strike  179  has a total call value of 10,928,555,000  versus a total put value of  5,375,700,000 Combined total value = 16,304,255,000

Strike  179.4  has a total call value of 11,906,455,000  versus a total put value of  5,051,640,000 Combined total value = 16,958,095,000

Strike  180  has a total call value of 13,397,395,000  versus a total put value of  4,575,120,000 Combined total value = 17,972,515,000

Strike  180.4  has a total call value of 15,158,055,000  versus a total put value of  4,346,320,000 Combined total value = 19,504,375,000

Strike  181  has a total call value of 17,917,515,000  versus a total put value of  4,036,780,000 Combined total value = 21,954,295,000

Strike  181.4  has a total call value of 19,832,835,000  versus a total put value of  3,833,720,000 Combined total value = 23,666,555,000

Strike  182  has a total call value of 22,812,405,000  versus a total put value of  3,586,880,000 Combined total value = 26,399,285,000

Strike  182.4  has a total call value of 24,963,565,000  versus a total put value of  3,424,520,000 Combined total value = 28,388,085,000

Strike  182.5  has a total call value of 25,507,350,000  versus a total put value of  3,383,930,000 Combined total value = 28,891,280,000

Strike  183  has a total call value of 28,231,225,000  versus a total put value of  3,180,980,000 Combined total value = 31,412,205,000

Strike  183.4  has a total call value of 30,430,345,000  versus a total put value of  3,019,940,000 Combined total value = 33,450,285,000

Strike  184  has a total call value of 33,740,905,000  versus a total put value of  2,778,380,000 Combined total value = 36,519,285,000

Strike  184.4  has a total call value of 35,955,865,000  versus a total put value of  2,617,340,000 Combined total value = 38,573,205,000

Strike  185  has a total call value of 39,295,795,000  versus a total put value of  2,375,780,000 Combined total value = 41,671,575,000

Strike  185.4  has a total call value of 41,776,515,000  versus a total put value of  2,251,260,000 Combined total value = 44,027,775,000

Strike  186  has a total call value of 45,550,065,000  versus a total put value of  2,064,480,000 Combined total value = 47,614,545,000

Strike  186.4  has a total call value of 48,076,765,000  versus a total put value of  1,939,960,000 Combined total value = 50,016,725,000

Strike  187  has a total call value of 52,093,855,000  versus a total put value of  1,812,910,000 Combined total value = 53,906,765,000

Strike  187.4  has a total call value of 54,771,915,000  versus a total put value of  1,728,210,000 Combined total value = 56,500,125,000

Strike  187.5  has a total call value of 55,443,520,000  versus a total put value of  1,707,035,000 Combined total value = 57,150,555,000

Strike  188  has a total call value of 58,802,095,000  versus a total put value of  1,601,160,000 Combined total value = 60,403,255,000

Strike  188.4  has a total call value of 61,514,255,000  versus a total put value of  1,516,460,000 Combined total value = 63,030,715,000

Strike  189  has a total call value of 65,593,715,000  versus a total put value of  1,389,410,000 Combined total value = 66,983,125,000

Strike  189.4  has a total call value of 68,313,355,000  versus a total put value of  1,304,710,000 Combined total value = 69,618,065,000

Strike  190  has a total call value of 72,392,815,000  versus a total put value of  1,177,660,000 Combined total value = 73,570,475,000

Strike  190.4  has a total call value of 75,411,875,000  versus a total put value of  1,106,160,000 Combined total value = 76,518,035,000

Strike  191  has a total call value of 80,021,975,000  versus a total put value of  998,910,000 Combined total value = 81,020,885,000

Strike  191.4  has a total call value of 83,127,495,000  versus a total put value of  927,410,000 Combined total value = 84,054,905,000

Strike  192  has a total call value of 87,843,855,000  versus a total put value of  820,160,000 Combined total value = 88,664,015,000

Strike  192.4  has a total call value of 90,988,095,000  versus a total put value of  748,660,000 Combined total value = 91,736,755,000

Strike  192.5  has a total call value of 91,787,300,000  versus a total put value of  730,785,000 Combined total value = 92,518,085,000

Strike  193  has a total call value of 95,783,325,000  versus a total put value of  641,410,000 Combined total value = 96,424,735,000

Strike  194  has a total call value of 103,775,375,000  versus a total put value of  462,660,000 Combined total value = 104,238,035,000

Strike  194.4  has a total call value of 106,991,775,000  versus a total put value of  391,160,000 Combined total value = 107,382,935,000

Strike  195  has a total call value of 111,816,375,000  versus a total put value of  283,910,000 Combined total value = 112,100,285,000

Strike  196  has a total call value of 119,999,275,000  versus a total put value of  105,160,000 Combined total value = 120,104,435,000

Strike  196.4  has a total call value of 123,285,635,000  versus a total put value of  33,660,000 Combined total value = 123,319,295,000

Strike  197  has a total call value of 128,481,155,000  versus a total put value of  28,050,000 Combined total value = 128,509,205,000

Strike  197.5  has a total call value of 132,810,755,000  versus a total put value of  23,375,000 Combined total value = 132,834,130,000

Strike  198  has a total call value of 137,140,355,000  versus a total put value of  18,700,000 Combined total value = 137,159,055,000

Strike  198.4  has a total call value of 140,604,035,000  versus a total put value of  14,960,000 Combined total value = 140,618,995,000

Strike  199  has a total call value of 145,828,265,000  versus a total put value of  9,350,000 Combined total value = 145,837,615,000

Strike  200  has a total call value of 154,535,315,000  versus a total put value of  0 Combined total value = 154,535,315,000

Strike  200.4  has a total call value of 158,167,295,000  versus a total put value of  0 Combined total value = 158,167,295,000

Strike  201  has a total call value of 163,691,165,000  versus a total put value of  0 Combined total value = 163,691,165,000

Strike  202  has a total call value of 172,897,615,000  versus a total put value of  0 Combined total value = 172,897,615,000

Strike  202.4  has a total call value of 176,586,795,000  versus a total put value of  0 Combined total value = 176,586,795,000

All Max-Pain Table

Max Pain - Choose a symbol



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.