TATASTEEL
Tata Steel LimitedMax pain for TATASTEEL
14 Nov 2025 04:12 PM IST
Max Pain for TATASTEEL is 177.5
Strike 130 has a total call value of 0 versus a total put value of 458,407,125,000 Combined total value = 458,407,125,000
Strike 132.5 has a total call value of 165,000,000 versus a total put value of 432,290,375,000 Combined total value = 432,455,375,000
Strike 135 has a total call value of 330,000,000 versus a total put value of 406,173,625,000 Combined total value = 406,503,625,000
Strike 137.5 has a total call value of 495,000,000 versus a total put value of 380,056,875,000 Combined total value = 380,551,875,000
Strike 140 has a total call value of 660,000,000 versus a total put value of 353,940,125,000 Combined total value = 354,600,125,000
Strike 142.5 has a total call value of 825,000,000 versus a total put value of 327,823,375,000 Combined total value = 328,648,375,000
Strike 145 has a total call value of 990,000,000 versus a total put value of 301,706,625,000 Combined total value = 302,696,625,000
Strike 147.5 has a total call value of 1,200,375,000 versus a total put value of 275,712,250,000 Combined total value = 276,912,625,000
Strike 150 has a total call value of 1,410,750,000 versus a total put value of 249,717,875,000 Combined total value = 251,128,625,000
Strike 152.5 has a total call value of 1,761,375,000 versus a total put value of 224,096,125,000 Combined total value = 225,857,500,000
Strike 155 has a total call value of 2,112,000,000 versus a total put value of 198,565,125,000 Combined total value = 200,677,125,000
Strike 157.5 has a total call value of 2,462,625,000 versus a total put value of 173,577,250,000 Combined total value = 176,039,875,000
Strike 160 has a total call value of 2,813,250,000 versus a total put value of 149,048,625,000 Combined total value = 151,861,875,000
Strike 162.5 has a total call value of 3,485,625,000 versus a total put value of 126,044,875,000 Combined total value = 129,530,500,000
Strike 165 has a total call value of 4,215,750,000 versus a total put value of 103,538,875,000 Combined total value = 107,754,625,000
Strike 167.5 has a total call value of 5,223,625,000 versus a total put value of 82,830,000,000 Combined total value = 88,053,625,000
Strike 170 has a total call value of 6,331,875,000 versus a total put value of 63,027,250,000 Combined total value = 69,359,125,000
Strike 172.5 has a total call value of 8,450,750,000 versus a total put value of 46,721,125,000 Combined total value = 55,171,875,000
Strike 175 has a total call value of 11,317,625,000 versus a total put value of 32,080,125,000 Combined total value = 43,397,750,000
Strike 177.5 has a total call value of 18,529,500,000 versus a total put value of 21,252,000,000 Combined total value = 39,781,500,000
Strike 180 has a total call value of 28,688,000,000 versus a total put value of 12,241,625,000 Combined total value = 40,929,625,000
Strike 182.5 has a total call value of 49,322,625,000 versus a total put value of 7,099,125,000 Combined total value = 56,421,750,000
Strike 185 has a total call value of 75,472,375,000 versus a total put value of 3,144,625,000 Combined total value = 78,617,000,000
Strike 187.5 has a total call value of 126,894,625,000 versus a total put value of 1,709,125,000 Combined total value = 128,603,750,000
Strike 190 has a total call value of 181,054,500,000 versus a total put value of 572,000,000 Combined total value = 181,626,500,000
Strike 192.5 has a total call value of 245,078,625,000 versus a total put value of 217,250,000 Combined total value = 245,295,875,000
Strike 195 has a total call value of 310,200,000,000 versus a total put value of 0 Combined total value = 310,200,000,000
Strike 197.5 has a total call value of 377,940,750,000 versus a total put value of 0 Combined total value = 377,940,750,000
Strike 200 has a total call value of 446,353,875,000 versus a total put value of 0 Combined total value = 446,353,875,000
Strike 202.5 has a total call value of 521,648,875,000 versus a total put value of 0 Combined total value = 521,648,875,000
Strike 205 has a total call value of 597,415,500,000 versus a total put value of 0 Combined total value = 597,415,500,000
Strike 207.5 has a total call value of 674,553,000,000 versus a total put value of 0 Combined total value = 674,553,000,000
Strike 210 has a total call value of 751,690,500,000 versus a total put value of 0 Combined total value = 751,690,500,000
Max-Pain Table for Stocks
| Max Pain Table (Stocks) | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1065.4 | 1080 |
| ABB | 4952.5 | 5000 |
| ABCAPITAL | 331.4 | 325 |
| ADANIENSOL | 1023.85 | 1000 |
| ADANIENT | 2516.8 | 2460 |
| ADANIGREEN | 1068.8 | 1080 |
| ADANIPORTS | 1512.7 | 1460 |
| ALKEM | 5722.5 | 5750 |
| AMBER | 7376 | 7300 |
| AMBUJACEM | 563.2 | 570 |
| ANGELONE | 2745.3 | 2650 |
| APLAPOLLO | 1763.3 | 1800 |
| APOLLOHOSP | 7420.5 | 7500 |
| ASHOKLEY | 148.26 | 145 |
| ASIANPAINT | 2906.4 | 2800 |
| ASTRAL | 1514 | 1520 |
| AUBANK | 890.6 | 890 |
| AUROPHARMA | 1222.5 | 1200 |
| AXISBANK | 1241.6 | 1230 |
| BAJAJ-AUTO | 8843 | 8900 |
| BAJAJFINSV | 2065.8 | 2040 |
| BAJFINANCE | 1018.5 | 1020 |
| BANDHANBNK | 154.59 | 160 |
| BANKBARODA | 286.75 | 280 |
| BANKINDIA | 146.52 | 143 |
| BDL | 1613.8 | 1600 |
| BEL | 426.85 | 420 |
| BHARATFORG | 1396.7 | 1360 |
| BHARTIARTL | 2100.7 | 2060 |
| BHEL | 281.6 | 275 |
| BIOCON | 411.15 | 400 |
| BLUESTARCO | 1768.4 | 1800 |
| BOSCHLTD | 36955 | 37000 |
| BPCL | 371.15 | 362.5 |
| BRITANNIA | 5803.5 | 5850 |
| BSE | 2827.6 | 2700 |
| CAMS | 3938 | 3950 |
| CANBK | 146.07 | 140 |
| CDSL | 1625.8 | 1620 |
| CGPOWER | 743.5 | 740 |
| CHOLAFIN | 1714.6 | 1720 |
| CIPLA | 1532.1 | 1530 |
| COALINDIA | 386.95 | 382.25 |
| COFORGE | 1799.6 | 1800 |
| COLPAL | 2172.7 | 2200 |
| CONCOR | 518.85 | 530 |
| CROMPTON | 276.15 | 290 |
| CUMMINSIND | 4283.2 | 4300 |
| CYIENT | 1131.6 | 1160 |
| DABUR | 525 | 510 |
| DALBHARAT | 2032.6 | 2060 |
| DELHIVERY | 436.4 | 435 |
| DIVISLAB | 6511.5 | 6600 |
| DIXON | 15419 | 15500 |
| DLF | 764.85 | 770 |
| DMART | 4053.7 | 4100 |
| DRREDDY | 1246 | 1210 |
| EICHERMOT | 6695 | 6800 |
| ETERNAL | 303.75 | 310 |
| EXIDEIND | 381 | 385 |
| FEDERALBNK | 236.26 | 235 |
| FORTIS | 937.7 | 960 |
| GAIL | 183.41 | 182.5 |
| GLENMARK | 1895.6 | 1900 |
| GMRAIRPORT | 95.67 | 95 |
| GODREJCP | 1146.5 | 1140 |
| GODREJPROP | 2195.8 | 2200 |
| GRASIM | 2783.4 | 2800 |
| HAL | 4729.8 | 4800 |
| HAVELLS | 1469.4 | 1500 |
| HCLTECH | 1594.6 | 1560 |
| HDFCAMC | 5413 | 5500 |
| HDFCBANK | 989.6 | 990 |
| HDFCLIFE | 773.7 | 760 |
| HEROMOTOCO | 5538.5 | 5550 |
| HFCL | 75.86 | 76 |
| HINDALCO | 803.65 | 800 |
| HINDPETRO | 481.25 | 470 |
| HINDUNILVR | 2427.7 | 2460 |
| HINDZINC | 487.05 | 490 |
| HUDCO | 227.49 | 230 |
| ICICIBANK | 1373 | 1380 |
| ICICIGI | 2005.1 | 2020 |
| ICICIPRULI | 629.45 | 610 |
| IDEA | 10.94 | 10 |
| IDFCFIRSTB | 80.43 | 80 |
| IEX | 137.55 | 142.5 |
| IGL | 212.66 | 212.5 |
| IIFL | 547.3 | 540 |
| INDHOTEL | 720.8 | 730 |
| INDIANB | 868.45 | 850 |
| INDIGO | 5908.5 | 5800 |
| INDUSINDBK | 848.25 | 800 |
| INDUSTOWER | 412.35 | 390 |
| INFY | 1502.8 | 1500 |
| INOXWIND | 148.69 | 150 |
| IOC | 171.25 | 165 |
| IRCTC | 705.3 | 710 |
| IREDA | 149.61 | 150 |
| IRFC | 121.01 | 123 |
| ITC | 408.15 | 410 |
| JINDALSTEL | 1076.2 | 1080 |
| JIOFIN | 314.9 | 310 |
| JSWENERGY | 528.8 | 530 |
| JSWSTEEL | 1167.8 | 1170 |
| JUBLFOOD | 615.3 | 600 |
| KALYANKJIL | 495.5 | 500 |
| KAYNES | 6332 | 6500 |
| KEI | 4112.8 | 4100 |
| KFINTECH | 1084.1 | 1100 |
| KOTAKBANK | 2079.7 | 2100 |
| KPITTECH | 1222.2 | 1200 |
| LAURUSLABS | 999 | 960 |
| LICHSGFIN | 567.7 | 580 |
| LICI | 909.45 | 910 |
| LODHA | 1209.5 | 1200 |
| LT | 4004.4 | 3960 |
| LTF | 294.15 | 292.5 |
| LTIM | 5809 | 5700 |
| LUPIN | 2055.3 | 2000 |
| M&M | 3698.6 | 3600 |
| MANAPPURAM | 281.15 | 275 |
| MANKIND | 2267.1 | 2300 |
| MARICO | 738.7 | 730 |
| MARUTI | 15684 | 15700 |
| MAXHEALTH | 1103.1 | 1120 |
| MAZDOCK | 2782.1 | 2800 |
| MCX | 9666.5 | 9400 |
| MFSL | 1673.4 | 1660 |
| MOTHERSON | 109.84 | 108 |
| MPHASIS | 2772.1 | 2800 |
| MUTHOOTFIN | 3725.6 | 3700 |
| NATIONALUM | 262.57 | 260 |
| NAUKRI | 1323.5 | 1360 |
| NBCC | 114.14 | 110 |
| NCC | 184.13 | 190 |
| NESTLEIND | 1271.6 | 1270 |
| NHPC | 80.3 | 82 |
| NMDC | 76.55 | 77 |
| NTPC | 328.45 | 332.5 |
| NUVAMA | 7339.5 | 7300 |
| NYKAA | 260.13 | 255 |
| OBEROIRLTY | 1752.4 | 1740 |
| OFSS | 8223.5 | 8400 |
| OIL | 436.85 | 430 |
| ONGC | 247.6 | 244 |
| PAGEIND | 39765 | 40000 |
| PATANJALI | 587.8 | 585 |
| PAYTM | 1299.2 | 1300 |
| PERSISTENT | 6101 | 6000 |
| PETRONET | 273.6 | 283 |
| PFC | 374.6 | 390 |
| PGEL | 578.1 | 560 |
| PHOENIXLTD | 1736.4 | 1720 |
| PIDILITIND | 1459.8 | 1480 |
| PIIND | 3560.5 | 3600 |
| PNB | 122.21 | 120 |
| PNBHOUSING | 915.4 | 910 |
| POLICYBZR | 1738.6 | 1780 |
| POLYCAB | 7632 | 7700 |
| POWERGRID | 271.3 | 280 |
| POWERINDIA | 21466 | 21000 |
| PPLPHARMA | 194.03 | 197.5 |
| PRESTIGE | 1744.9 | 1740 |
| RBLBANK | 318.65 | 320 |
| RECLTD | 358.05 | 370 |
| RELIANCE | 1518.9 | 1500 |
| RVNL | 321.05 | 320 |
| SAIL | 141.99 | 140 |
| SAMMAANCAP | 176.14 | 180 |
| SBICARD | 874.95 | 890 |
| SBILIFE | 2000.9 | 1980 |
| SBIN | 967.85 | 955 |
| SHREECEM | 26700 | 27250 |
| SHRIRAMFIN | 809.3 | 800 |
| SIEMENS | 3084.2 | 3100 |
| SOLARINDS | 13880 | 14000 |
| SONACOMS | 485.6 | 485 |
| SRF | 2839.1 | 2900 |
| SUNPHARMA | 1757.1 | 1720 |
| SUPREMEIND | 3709.8 | 3800 |
| SUZLON | 57.68 | 58 |
| SYNGENE | 654.4 | 650 |
| TATACONSUM | 1157.8 | 1160 |
| TATAELXSI | 5266.5 | 5300 |
| TATAMOTORS | 0 | 320 |
| TATAPOWER | 388.4 | 395 |
| TATASTEEL | 174.26 | 177.5 |
| TATATECH | 679.85 | 700 |
| TCS | 3106 | 3100 |
| TECHM | 1439.2 | 1460 |
| TIINDIA | 3067.6 | 3000 |
| TITAGARH | 866.45 | 880 |
| TITAN | 3829.2 | 3780 |
| TMPV | 391.2 | 400 |
| TORNTPHARM | 3831.8 | 3800 |
| TORNTPOWER | 1301 | 1300 |
| TRENT | 4391.2 | 4500 |
| TVSMOTOR | 3386.5 | 3500 |
| ULTRACEMCO | 11874 | 12000 |
| UNIONBANK | 152.76 | 150 |
| UNITDSPR | 1429.4 | 1420 |
| UNOMINDA | 1307.2 | 1280 |
| UPL | 758.6 | 740 |
| VBL | 459.4 | 465 |
| VEDL | 525.35 | 515 |
| VOLTAS | 1350.9 | 1340 |
| WIPRO | 244.37 | 245 |
| YESBANK | 22.5 | 23 |
| ZYDUSLIFE | 944.45 | 960 |
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.
































































































































































































































