TATASTEEL
Tata Steel Limited
Max pain for TATASTEEL
15 Jul 2025 01:22 PM ISTNext Refresh in
Max Pain for TATASTEEL is 160
Strike 130 has a total call value of 0 versus a total put value of 162,735,650,000 Combined total value = 162,735,650,000
Strike 131.4 has a total call value of 0 versus a total put value of 154,055,440,000 Combined total value = 154,055,440,000
Strike 132.5 has a total call value of 0 versus a total put value of 147,235,275,000 Combined total value = 147,235,275,000
Strike 135 has a total call value of 0 versus a total put value of 131,734,900,000 Combined total value = 131,734,900,000
Strike 136.4 has a total call value of 0 versus a total put value of 123,245,650,000 Combined total value = 123,245,650,000
Strike 137.5 has a total call value of 0 versus a total put value of 116,575,525,000 Combined total value = 116,575,525,000
Strike 138.9 has a total call value of 0 versus a total put value of 108,086,275,000 Combined total value = 108,086,275,000
Strike 140 has a total call value of 0 versus a total put value of 101,445,795,000 Combined total value = 101,445,795,000
Strike 141.4 has a total call value of 0 versus a total put value of 93,363,105,000 Combined total value = 93,363,105,000
Strike 142.5 has a total call value of 0 versus a total put value of 87,106,800,000 Combined total value = 87,106,800,000
Strike 143.9 has a total call value of 0 versus a total put value of 79,245,100,000 Combined total value = 79,245,100,000
Strike 145 has a total call value of 0 versus a total put value of 73,096,485,000 Combined total value = 73,096,485,000
Strike 146.4 has a total call value of 0 versus a total put value of 65,716,035,000 Combined total value = 65,716,035,000
Strike 147.5 has a total call value of 0 versus a total put value of 59,989,105,000 Combined total value = 59,989,105,000
Strike 148.9 has a total call value of 0 versus a total put value of 52,896,635,000 Combined total value = 52,896,635,000
Strike 150 has a total call value of 0 versus a total put value of 47,397,185,000 Combined total value = 47,397,185,000
Strike 151.4 has a total call value of 263,340,000 versus a total put value of 41,307,255,000 Combined total value = 41,570,595,000
Strike 152.5 has a total call value of 498,685,000 versus a total put value of 36,593,700,000 Combined total value = 37,092,385,000
Strike 153.9 has a total call value of 829,015,000 versus a total put value of 30,916,490,000 Combined total value = 31,745,505,000
Strike 155 has a total call value of 1,120,625,000 versus a total put value of 26,638,535,000 Combined total value = 27,759,160,000
Strike 156.4 has a total call value of 1,744,325,000 versus a total put value of 22,071,665,000 Combined total value = 23,815,990,000
Strike 157.5 has a total call value of 2,342,065,000 versus a total put value of 18,722,385,000 Combined total value = 21,064,450,000
Strike 158.9 has a total call value of 3,336,135,000 versus a total put value of 14,769,975,000 Combined total value = 18,106,110,000
Strike 160 has a total call value of 4,250,895,000 versus a total put value of 11,870,815,000 Combined total value = 16,121,710,000
Strike 161.4 has a total call value of 6,871,205,000 versus a total put value of 9,432,225,000 Combined total value = 16,303,430,000
Strike 162.5 has a total call value of 9,226,470,000 versus a total put value of 7,663,205,000 Combined total value = 16,889,675,000
Strike 163.9 has a total call value of 13,828,760,000 versus a total put value of 5,681,225,000 Combined total value = 19,509,985,000
Strike 165 has a total call value of 17,692,895,000 versus a total put value of 4,251,610,000 Combined total value = 21,944,505,000
Strike 166.4 has a total call value of 24,899,325,000 versus a total put value of 3,048,100,000 Combined total value = 27,947,425,000
Strike 167.5 has a total call value of 30,913,025,000 versus a total put value of 2,204,125,000 Combined total value = 33,117,150,000
Strike 168.9 has a total call value of 39,247,505,000 versus a total put value of 1,347,885,000 Combined total value = 40,595,390,000
Strike 170 has a total call value of 46,077,350,000 versus a total put value of 774,345,000 Combined total value = 46,851,695,000
Strike 171.4 has a total call value of 57,718,980,000 versus a total put value of 509,465,000 Combined total value = 58,228,445,000
Strike 172.5 has a total call value of 67,042,030,000 versus a total put value of 353,375,000 Combined total value = 67,395,405,000
Strike 175 has a total call value of 88,890,780,000 versus a total put value of 68,750,000 Combined total value = 88,959,530,000
Strike 176.4 has a total call value of 102,194,070,000 versus a total put value of 30,250,000 Combined total value = 102,224,320,000
Strike 177.5 has a total call value of 112,749,505,000 versus a total put value of 0 Combined total value = 112,749,505,000
Strike 180 has a total call value of 137,027,880,000 versus a total put value of 0 Combined total value = 137,027,880,000
Strike 181.4 has a total call value of 151,560,860,000 versus a total put value of 0 Combined total value = 151,560,860,000
Strike 182.5 has a total call value of 163,157,500,000 versus a total put value of 0 Combined total value = 163,157,500,000
Strike 185 has a total call value of 189,513,500,000 versus a total put value of 0 Combined total value = 189,513,500,000
Strike 187.5 has a total call value of 217,265,125,000 versus a total put value of 0 Combined total value = 217,265,125,000
Strike 190 has a total call value of 245,016,750,000 versus a total put value of 0 Combined total value = 245,016,750,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
360ONE | 1204.9 | 1200 |
AARTIIND | 451.65 | 455 |
ABB | 5670 | 5900 |
ABCAPITAL | 269.55 | 270 |
ABFRL | 76.86 | 77 |
ACC | 1974.5 | 1940 |
ADANIENSOL | 875.8 | 880 |
ADANIENT | 2593.9 | 2600 |
ADANIGREEN | 1034.1 | 1000 |
ADANIPORTS | 1442.5 | 1420 |
ALKEM | 4903.7 | 4850 |
AMBER | 7880 | 7400 |
AMBUJACEM | 590.45 | 590 |
ANGELONE | 2677.6 | 2700 |
APLAPOLLO | 1720.2 | 1740 |
APOLLOHOSP | 7307.5 | 7300 |
ASHOKLEY | 250.75 | 250 |
ASIANPAINT | 2393 | 2400 |
ASTRAL | 1501 | 1500 |
ATGL | 646.8 | 660 |
AUBANK | 806 | 810 |
AUROPHARMA | 1153.4 | 1140 |
AXISBANK | 1167.5 | 1180 |
BAJAJ-AUTO | 8246 | 8390 |
BAJAJFINSV | 2020.1 | 2020 |
BAJFINANCE | 920.85 | 930 |
BALKRISIND | 2669.7 | 2580 |
BANDHANBNK | 180.3 | 180 |
BANKBARODA | 243.71 | 245 |
BANKINDIA | 115.52 | 115.95 |
BDL | 1821.8 | 1900 |
BEL | 409 | 415 |
BHARATFORG | 1237.4 | 1260 |
BHARTIARTL | 1933.2 | 1960 |
BHEL | 256.3 | 260 |
BIOCON | 390.75 | 370 |
BLUESTARCO | 1882.9 | 1800 |
BOSCHLTD | 38435 | 36000 |
BPCL | 347.55 | 340 |
BRITANNIA | 5800.5 | 5800 |
BSE | 2526.9 | 2600 |
BSOFT | 430.2 | 430 |
CAMS | 4237.7 | 4200 |
CANBK | 114.72 | 114 |
CDSL | 1695 | 1740 |
CESC | 180.9 | 175 |
CGPOWER | 678 | 670 |
CHAMBLFERT | 551.9 | 560 |
CHOLAFIN | 1541.9 | 1560 |
CIPLA | 1490 | 1500 |
COALINDIA | 385.7 | 395 |
COFORGE | 1892 | 1880 |
COLPAL | 2402.4 | 2400 |
CONCOR | 621.7 | 610 |
CROMPTON | 344.5 | 350 |
CUMMINSIND | 3571.6 | 3400 |
CYIENT | 1309 | 1300 |
DABUR | 524.05 | 515 |
DALBHARAT | 2176.4 | 2180 |
DELHIVERY | 416.2 | 400 |
DIVISLAB | 6754 | 6800 |
DIXON | 15828 | 15250 |
DLF | 835.65 | 840 |
DMART | 4040 | 4100 |
DRREDDY | 1255 | 1280 |
EICHERMOT | 5590.5 | 5600 |
ETERNAL | 267.45 | 260 |
EXIDEIND | 386 | 390 |
FEDERALBNK | 211.73 | 212.5 |
FORTIS | 800 | 780 |
GAIL | 184.06 | 190 |
GLENMARK | 2217.7 | 2000 |
GMRAIRPORT | 91.11 | 90 |
GODREJCP | 1269.4 | 1260 |
GODREJPROP | 2270.3 | 2300 |
GRANULES | 492.5 | 490 |
GRASIM | 2783 | 2800 |
HAL | 4902.6 | 4900 |
HAVELLS | 1535.6 | 1560 |
HCLTECH | 1575.5 | 1600 |
HDFCAMC | 5213 | 5100 |
HDFCBANK | 2002.8 | 2000 |
HDFCLIFE | 754.35 | 770 |
HEROMOTOCO | 4437 | 4300 |
HFCL | 82.53 | 85 |
HINDALCO | 672 | 680 |
HINDCOPPER | 262.95 | 265 |
HINDPETRO | 430.15 | 430 |
HINDUNILVR | 2520.6 | 2440 |
HINDZINC | 437.7 | 450 |
HUDCO | 233.4 | 235 |
ICICIBANK | 1425.3 | 1430 |
ICICIGI | 1992 | 2020 |
ICICIPRULI | 666.65 | 660 |
IDEA | 7.65 | 7 |
IDFCFIRSTB | 73.32 | 75 |
IEX | 208.46 | 200 |
IGL | 219.74 | 215 |
IIFL | 523.6 | 500 |
INDHOTEL | 740 | 750 |
INDIANB | 634.25 | 630 |
INDIGO | 5936.5 | 5800 |
INDUSINDBK | 879.4 | 860 |
INDUSTOWER | 405.3 | 405 |
INFY | 1585.8 | 1600 |
INOXWIND | 172.93 | 175 |
IOC | 150.73 | 150 |
IRB | 48.52 | 49 |
IRCTC | 772.25 | 780 |
IREDA | 159.92 | 162.5 |
IRFC | 135.4 | 140 |
ITC | 421.5 | 420 |
JINDALSTEL | 944.2 | 950 |
JIOFIN | 321.15 | 320 |
JSL | 688 | 690 |
JSWENERGY | 527.9 | 510 |
JSWSTEEL | 1035.1 | 1030 |
JUBLFOOD | 685.75 | 690 |
KALYANKJIL | 588 | 570 |
KAYNES | 5976.5 | 6000 |
KEI | 3881 | 3800 |
KFINTECH | 1292.4 | 1300 |
KOTAKBANK | 2200.1 | 2200 |
KPITTECH | 1294 | 1280 |
LAURUSLABS | 823.75 | 780 |
LICHSGFIN | 615.35 | 610 |
LICI | 922.35 | 930 |
LODHA | 1431.8 | 1400 |
LT | 3497.5 | 3560 |
LTF | 204.5 | 200 |
LTIM | 5241 | 5300 |
LUPIN | 1956 | 1940 |
M&M | 3140.2 | 3200 |
M&MFIN | 264.55 | 263.5 |
MANAPPURAM | 267.65 | 270 |
MANKIND | 2646.6 | 2500 |
MARICO | 734.3 | 730 |
MARUTI | 12537 | 12600 |
MAXHEALTH | 1257.3 | 1260 |
MAZDOCK | 3115.7 | 3200 |
MCX | 8323 | 8400 |
MFSL | 1570 | 1600 |
MGL | 1468.8 | 1500 |
MOTHERSON | 156.81 | 155 |
MPHASIS | 2879.3 | 2843 |
MUTHOOTFIN | 2645.9 | 2600 |
NATIONALUM | 190.41 | 190 |
NAUKRI | 1398.8 | 1420 |
NBCC | 114.91 | 118 |
NCC | 228.26 | 225 |
NESTLEIND | 2410.6 | 2400 |
NHPC | 87.81 | 86 |
NMDC | 68.04 | 70 |
NTPC | 342.95 | 340 |
NYKAA | 217.21 | 210 |
OBEROIRLTY | 1825 | 1860 |
OFSS | 8774.5 | 9000 |
OIL | 442.1 | 450 |
ONGC | 244.01 | 242.5 |
PAGEIND | 48980 | 48000 |
PATANJALI | 1707.9 | 1700 |
PAYTM | 991.7 | 960 |
PEL | 1322 | 1260 |
PERSISTENT | 5590.5 | 5700 |
PETRONET | 309 | 310 |
PFC | 424.85 | 420 |
PGEL | 806.9 | 780 |
PHOENIXLTD | 1495 | 1500 |
PIDILITIND | 2990 | 3000 |
PIIND | 4144.7 | 4100 |
PNB | 112.38 | 110 |
PNBHOUSING | 1089.1 | 1100 |
POLICYBZR | 1850.5 | 1850 |
POLYCAB | 6925 | 6600 |
POONAWALLA | 453.75 | 450 |
POWERGRID | 298.85 | 300 |
PPLPHARMA | 214.8 | 205 |
PRESTIGE | 1733.8 | 1700 |
RBLBANK | 264.61 | 247.5 |
RECLTD | 400.9 | 400 |
RELIANCE | 1488.4 | 1500 |
RVNL | 383.3 | 390 |
SAIL | 134.35 | 135 |
SBICARD | 895 | 920 |
SBILIFE | 1829.1 | 1840 |
SBIN | 816.3 | 810 |
SHREECEM | 30870 | 31000 |
SHRIRAMFIN | 676.95 | 680 |
SIEMENS | 3139.6 | 3200 |
SJVN | 98.82 | 99 |
SOLARINDS | 15344 | 16000 |
SONACOMS | 454 | 470 |
SRF | 3194.9 | 3200 |
SUNPHARMA | 1725 | 1700 |
SUPREMEIND | 4217.4 | 4300 |
SYNGENE | 653.7 | 650 |
TATACHEM | 932 | 940 |
TATACOMM | 1720 | 1740 |
TATACONSUM | 1081.9 | 1100 |
TATAELXSI | 6342.5 | 6200 |
TATAMOTORS | 683.75 | 700 |
TATAPOWER | 402.15 | 405 |
TATASTEEL | 159.48 | 160 |
TATATECH | 727.7 | 720 |
TCS | 3250.1 | 3300 |
TECHM | 1574 | 1600 |
TIINDIA | 2919.9 | 3000 |
TITAGARH | 943.6 | 940 |
TITAN | 3410.8 | 3450 |
TORNTPHARM | 3441.1 | 3350 |
TORNTPOWER | 1393.4 | 1420 |
TRENT | 5362 | 5600 |
TVSMOTOR | 2881.5 | 2880 |
ULTRACEMCO | 12522 | 12300 |
UNIONBANK | 146.35 | 147.5 |
UNITDSPR | 1369.2 | 1400 |
UNOMINDA | 1104.4 | 1100 |
UPL | 668.45 | 650 |
VBL | 468.5 | 460 |
VEDL | 449.55 | 450 |
VOLTAS | 1391.3 | 1360 |
WIPRO | 257.55 | 260 |
YESBANK | 20.38 | 20 |
ZYDUSLIFE | 972.6 | 980 |
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:
- 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.