TCS
Tata Consultancy Serv Lt
Max pain for TCS
12 May 2025 04:10 PM IST
Max Pain for TCS is 3480
Strike 2620 has a total call value of 0 versus a total put value of 369,411,700,000 Combined total value = 369,411,700,000
Strike 2640 has a total call value of 0 versus a total put value of 359,461,200,000 Combined total value = 359,461,200,000
Strike 2660 has a total call value of 0 versus a total put value of 349,510,700,000 Combined total value = 349,510,700,000
Strike 2680 has a total call value of 0 versus a total put value of 339,560,200,000 Combined total value = 339,560,200,000
Strike 2700 has a total call value of 0 versus a total put value of 329,609,700,000 Combined total value = 329,609,700,000
Strike 2720 has a total call value of 0 versus a total put value of 319,664,450,000 Combined total value = 319,664,450,000
Strike 2740 has a total call value of 0 versus a total put value of 309,719,200,000 Combined total value = 309,719,200,000
Strike 2760 has a total call value of 0 versus a total put value of 299,773,950,000 Combined total value = 299,773,950,000
Strike 2780 has a total call value of 0 versus a total put value of 289,828,700,000 Combined total value = 289,828,700,000
Strike 2800 has a total call value of 0 versus a total put value of 279,883,450,000 Combined total value = 279,883,450,000
Strike 2820 has a total call value of 0 versus a total put value of 270,086,250,000 Combined total value = 270,086,250,000
Strike 2840 has a total call value of 0 versus a total put value of 260,289,050,000 Combined total value = 260,289,050,000
Strike 2860 has a total call value of 0 versus a total put value of 250,491,850,000 Combined total value = 250,491,850,000
Strike 2880 has a total call value of 0 versus a total put value of 240,694,650,000 Combined total value = 240,694,650,000
Strike 2900 has a total call value of 0 versus a total put value of 230,960,450,000 Combined total value = 230,960,450,000
Strike 2920 has a total call value of 0 versus a total put value of 221,431,700,000 Combined total value = 221,431,700,000
Strike 2940 has a total call value of 0 versus a total put value of 211,934,800,000 Combined total value = 211,934,800,000
Strike 2960 has a total call value of 0 versus a total put value of 202,450,150,000 Combined total value = 202,450,150,000
Strike 2980 has a total call value of 0 versus a total put value of 193,176,550,000 Combined total value = 193,176,550,000
Strike 3000 has a total call value of 0 versus a total put value of 183,913,450,000 Combined total value = 183,913,450,000
Strike 3020 has a total call value of 53,900,000 versus a total put value of 175,358,750,000 Combined total value = 175,412,650,000
Strike 3040 has a total call value of 107,800,000 versus a total put value of 166,860,750,000 Combined total value = 166,968,550,000
Strike 3060 has a total call value of 161,700,000 versus a total put value of 158,432,400,000 Combined total value = 158,594,100,000
Strike 3080 has a total call value of 215,600,000 versus a total put value of 150,089,450,000 Combined total value = 150,305,050,000
Strike 3100 has a total call value of 269,500,000 versus a total put value of 141,809,150,000 Combined total value = 142,078,650,000
Strike 3120 has a total call value of 366,100,000 versus a total put value of 134,020,600,000 Combined total value = 134,386,700,000
Strike 3140 has a total call value of 462,700,000 versus a total put value of 126,268,800,000 Combined total value = 126,731,500,000
Strike 3160 has a total call value of 559,300,000 versus a total put value of 118,577,900,000 Combined total value = 119,137,200,000
Strike 3180 has a total call value of 655,900,000 versus a total put value of 110,939,850,000 Combined total value = 111,595,750,000
Strike 3200 has a total call value of 752,500,000 versus a total put value of 103,359,200,000 Combined total value = 104,111,700,000
Strike 3220 has a total call value of 921,200,000 versus a total put value of 96,309,500,000 Combined total value = 97,230,700,000
Strike 3240 has a total call value of 1,089,900,000 versus a total put value of 89,289,550,000 Combined total value = 90,379,450,000
Strike 3260 has a total call value of 1,279,950,000 versus a total put value of 82,374,600,000 Combined total value = 83,654,550,000
Strike 3280 has a total call value of 1,470,000,000 versus a total put value of 75,565,000,000 Combined total value = 77,035,000,000
Strike 3300 has a total call value of 1,660,050,000 versus a total put value of 68,825,750,000 Combined total value = 70,485,800,000
Strike 3320 has a total call value of 2,126,600,000 versus a total put value of 62,610,800,000 Combined total value = 64,737,400,000
Strike 3340 has a total call value of 2,691,500,000 versus a total put value of 56,501,200,000 Combined total value = 59,192,700,000
Strike 3360 has a total call value of 3,340,400,000 versus a total put value of 50,512,350,000 Combined total value = 53,852,750,000
Strike 3380 has a total call value of 4,060,000,000 versus a total put value of 44,643,900,000 Combined total value = 48,703,900,000
Strike 3400 has a total call value of 4,909,100,000 versus a total put value of 38,945,900,000 Combined total value = 43,855,000,000
Strike 3420 has a total call value of 6,393,100,000 versus a total put value of 34,325,900,000 Combined total value = 40,719,000,000
Strike 3440 has a total call value of 8,321,600,000 versus a total put value of 30,020,200,000 Combined total value = 38,341,800,000
Strike 3460 has a total call value of 10,530,800,000 versus a total put value of 26,056,100,000 Combined total value = 36,586,900,000
Strike 3480 has a total call value of 13,378,750,000 versus a total put value of 22,702,400,000 Combined total value = 36,081,150,000
Strike 3500 has a total call value of 16,586,150,000 versus a total put value of 19,735,450,000 Combined total value = 36,321,600,000
Strike 3520 has a total call value of 21,713,650,000 versus a total put value of 17,572,450,000 Combined total value = 39,286,100,000
Strike 3540 has a total call value of 27,119,050,000 versus a total put value of 15,691,900,000 Combined total value = 42,810,950,000
Strike 3560 has a total call value of 32,772,600,000 versus a total put value of 14,066,850,000 Combined total value = 46,839,450,000
Strike 3580 has a total call value of 38,638,600,000 versus a total put value of 12,657,400,000 Combined total value = 51,296,000,000
Strike 3600 has a total call value of 44,614,850,000 versus a total put value of 11,394,250,000 Combined total value = 56,009,100,000
Strike 3620 has a total call value of 51,338,000,000 versus a total put value of 10,502,800,000 Combined total value = 61,840,800,000
Strike 3640 has a total call value of 58,378,250,000 versus a total put value of 9,722,300,000 Combined total value = 68,100,550,000
Strike 3660 has a total call value of 65,651,950,000 versus a total put value of 8,986,250,000 Combined total value = 74,638,200,000
Strike 3680 has a total call value of 73,082,800,000 versus a total put value of 8,275,050,000 Combined total value = 81,357,850,000
Strike 3700 has a total call value of 81,278,750,000 versus a total put value of 7,576,800,000 Combined total value = 88,855,550,000
Strike 3720 has a total call value of 90,454,000,000 versus a total put value of 7,051,800,000 Combined total value = 97,505,800,000
Strike 3740 has a total call value of 99,758,050,000 versus a total put value of 6,526,800,000 Combined total value = 106,284,850,000
Strike 3760 has a total call value of 109,169,200,000 versus a total put value of 6,001,800,000 Combined total value = 115,171,000,000
Strike 3780 has a total call value of 118,768,650,000 versus a total put value of 5,482,400,000 Combined total value = 124,251,050,000
Strike 3800 has a total call value of 128,452,800,000 versus a total put value of 4,968,250,000 Combined total value = 133,421,050,000
Strike 3820 has a total call value of 139,136,900,000 versus a total put value of 4,567,850,000 Combined total value = 143,704,750,000
Strike 3840 has a total call value of 149,883,650,000 versus a total put value of 4,167,450,000 Combined total value = 154,051,100,000
Strike 3860 has a total call value of 160,830,600,000 versus a total put value of 3,767,050,000 Combined total value = 164,597,650,000
Strike 3880 has a total call value of 171,787,000,000 versus a total put value of 3,366,650,000 Combined total value = 175,153,650,000
Strike 3900 has a total call value of 182,997,500,000 versus a total put value of 2,966,250,000 Combined total value = 185,963,750,000
Strike 3920 has a total call value of 194,665,800,000 versus a total put value of 2,641,100,000 Combined total value = 197,306,900,000
Strike 3940 has a total call value of 206,487,400,000 versus a total put value of 2,315,950,000 Combined total value = 208,803,350,000
Strike 3960 has a total call value of 218,309,000,000 versus a total put value of 1,990,800,000 Combined total value = 220,299,800,000
Strike 3980 has a total call value of 230,178,900,000 versus a total put value of 1,665,650,000 Combined total value = 231,844,550,000
Strike 4000 has a total call value of 242,048,800,000 versus a total put value of 1,340,500,000 Combined total value = 243,389,300,000
Strike 4020 has a total call value of 254,869,300,000 versus a total put value of 1,206,450,000 Combined total value = 256,075,750,000
Strike 4040 has a total call value of 267,689,800,000 versus a total put value of 1,072,400,000 Combined total value = 268,762,200,000
Strike 4060 has a total call value of 280,510,300,000 versus a total put value of 938,350,000 Combined total value = 281,448,650,000
Strike 4080 has a total call value of 293,330,800,000 versus a total put value of 804,300,000 Combined total value = 294,135,100,000
Strike 4100 has a total call value of 306,218,850,000 versus a total put value of 670,250,000 Combined total value = 306,889,100,000
Strike 4120 has a total call value of 319,106,900,000 versus a total put value of 536,200,000 Combined total value = 319,643,100,000
Strike 4140 has a total call value of 331,994,950,000 versus a total put value of 402,150,000 Combined total value = 332,397,100,000
Strike 4160 has a total call value of 344,883,000,000 versus a total put value of 268,100,000 Combined total value = 345,151,100,000
Strike 4180 has a total call value of 357,771,050,000 versus a total put value of 134,050,000 Combined total value = 357,905,100,000
Strike 4200 has a total call value of 370,659,100,000 versus a total put value of 0 Combined total value = 370,659,100,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 468.6 | 450 |
| ABB | 5587 | 5600 |
| ABCAPITAL | 205.54 | 200 |
| ABFRL | 268.85 | 270 |
| ACC | 1858.8 | 1900 |
| ADANIENSOL | 894.3 | 900 |
| ADANIENT | 2425.3 | 2460 |
| ADANIGREEN | 940.55 | 940 |
| ADANIPORTS | 1362.1 | 1300 |
| ALKEM | 5020.5 | 5000 |
| AMBUJACEM | 541.65 | 550 |
| ANGELONE | 2487 | 2400 |
| APLAPOLLO | 1712.8 | 1660 |
| APOLLOHOSP | 6926 | 6950 |
| APOLLOTYRE | 481 | 475 |
| ASHOKLEY | 231.28 | 225 |
| ASIANPAINT | 2356.4 | 2380 |
| ASTRAL | 1330.3 | 1340 |
| ATGL | 631.1 | 630 |
| AUBANK | 703.4 | 670 |
| AUROPHARMA | 1205.9 | 1200 |
| AXISBANK | 1203 | 1180 |
| BAJAJ-AUTO | 8039.5 | 8000 |
| BAJAJFINSV | 2050.4 | 2020 |
| BAJFINANCE | 9018.5 | 9000 |
| BALKRISIND | 2751.3 | 2720 |
| BANDHANBNK | 163.57 | 165 |
| BANKBARODA | 226.85 | 230 |
| BANKINDIA | 110.09 | 110 |
| BEL | 322.8 | 315 |
| BHARATFORG | 1199.2 | 1140 |
| BHARTIARTL | 1870.8 | 1860 |
| BHEL | 232.95 | 230 |
| BIOCON | 328.15 | 330 |
| BOSCHLTD | 31005 | 30000 |
| BPCL | 309.05 | 310 |
| BRITANNIA | 5608.5 | 5500 |
| BSE | 6955.5 | 6600 |
| BSOFT | 420.45 | 400 |
| CAMS | 3671.6 | 3750 |
| CANBK | 100.86 | 99 |
| CDSL | 1279 | 1300 |
| CESC | 166.76 | 160 |
| CGPOWER | 645.8 | 630 |
| CHAMBLFERT | 689.35 | 690 |
| CHOLAFIN | 1579.2 | 1540 |
| CIPLA | 1511.6 | 1500 |
| COALINDIA | 395.5 | 390 |
| COFORGE | 8311.5 | 7500 |
| COLPAL | 2611.6 | 2620 |
| CONCOR | 688.25 | 700 |
| CROMPTON | 335.5 | 335 |
| CUMMINSIND | 2862.9 | 2900 |
| CYIENT | 1258.4 | 1200 |
| DABUR | 475.05 | 480 |
| DALBHARAT | 1980.9 | 1940 |
| DEEPAKNTR | 1981.1 | 2000 |
| DELHIVERY | 311 | 305 |
| DIVISLAB | 5942 | 6000 |
| DIXON | 16073 | 16000 |
| DLF | 680.5 | 670 |
| DMART | 4023.5 | 4100 |
| DRREDDY | 1195.6 | 1170 |
| EICHERMOT | 5520 | 5550 |
| ESCORTS | 3413.1 | 3300 |
| ETERNAL | 239.5 | 230 |
| EXIDEIND | 378.05 | 380 |
| FEDERALBNK | 194.45 | 195 |
| GAIL | 187.8 | 192.5 |
| GLENMARK | 1381.7 | 1400 |
| GMRAIRPORT | 88.06 | 87 |
| GODREJCP | 1289.5 | 1260 |
| GODREJPROP | 2146.8 | 2150 |
| GRANULES | 460.15 | 460 |
| GRASIM | 2742.8 | 2700 |
| HAL | 4439.7 | 4500 |
| HAVELLS | 1583.1 | 1600 |
| HCLTECH | 1670.3 | 1600 |
| HDFCAMC | 4529.1 | 4450 |
| HDFCBANK | 1957.2 | 1940 |
| HDFCLIFE | 734.6 | 720 |
| HEROMOTOCO | 3984.9 | 3900 |
| HFCL | 81.9 | 80 |
| HINDALCO | 651.95 | 640 |
| HINDCOPPER | 225.06 | 220 |
| HINDPETRO | 388.8 | 395 |
| HINDUNILVR | 2382.5 | 2380 |
| HINDZINC | 434.95 | 430 |
| HUDCO | 224.47 | 220 |
| ICICIBANK | 1448.5 | 1430 |
| ICICIGI | 1836.7 | 1840 |
| ICICIPRULI | 604 | 600 |
| IDEA | 7.07 | 8 |
| IDFCFIRSTB | 69.08 | 66 |
| IEX | 194.95 | 192.5 |
| IGL | 205.28 | 195 |
| IIFL | 388.15 | 370 |
| INDHOTEL | 769.15 | 760 |
| INDIANB | 572.1 | 570 |
| INDIGO | 5476.5 | 5350 |
| INDUSINDBK | 788.5 | 820 |
| INDUSTOWER | 397.4 | 390 |
| INFY | 1626.9 | 1540 |
| INOXWIND | 170.05 | 170 |
| IOC | 142.35 | 143 |
| IRB | 47.81 | 46 |
| IRCTC | 763.45 | 770 |
| IREDA | 168 | 165 |
| IRFC | 125.53 | 125 |
| ITC | 435.5 | 430 |
| JINDALSTEL | 904.75 | 900 |
| JIOFIN | 262.9 | 260 |
| JSL | 610 | 600 |
| JSWENERGY | 481.1 | 480 |
| JSWSTEEL | 1005.2 | 1000 |
| JUBLFOOD | 696.1 | 700 |
| KALYANKJIL | 538.15 | 520 |
| KEI | 3386 | 3200 |
| KOTAKBANK | 2145 | 2140 |
| KPITTECH | 1325.1 | 1260 |
| LAURUSLABS | 593.45 | 610 |
| LICHSGFIN | 601.5 | 600 |
| LICI | 815.45 | 800 |
| LODHA | 1305.4 | 1300 |
| LT | 3587.2 | 3440 |
| LTF | 171.2 | 165 |
| LTIM | 4940.4 | 4650 |
| LUPIN | 2039.8 | 2040 |
| M&M | 3104.7 | 3000 |
| M&MFIN | 256.85 | 265 |
| MANAPPURAM | 230.73 | 230 |
| MARICO | 738.1 | 720 |
| MARUTI | 12616 | 12000 |
| MAXHEALTH | 1159.9 | 1140 |
| MCX | 6061.5 | 6000 |
| MFSL | 1293 | 1280 |
| MGL | 1409.2 | 1360 |
| MOTHERSON | 145.06 | 140 |
| MPHASIS | 2532.4 | 2500 |
| MRF | 139925 | 138000 |
| MUTHOOTFIN | 2256.4 | 2200 |
| NATIONALUM | 168.95 | 170 |
| NAUKRI | 1476 | 1440 |
| NBCC | 99.81 | 98 |
| NCC | 220.37 | 217.5 |
| NESTLEIND | 2383.8 | 2380 |
| NHPC | 83.3 | 84 |
| NMDC | 68.08 | 68 |
| NTPC | 348.55 | 345 |
| NYKAA | 198.97 | 195 |
| OBEROIRLTY | 1617.7 | 1620 |
| OFSS | 8714 | 8400 |
| OIL | 416.45 | 400 |
| ONGC | 244.02 | 240 |
| PAGEIND | 47050 | 46000 |
| PATANJALI | 1818.9 | 1860 |
| PAYTM | 866.05 | 860 |
| PEL | 1062.3 | 1020 |
| PERSISTENT | 5876.5 | 5400 |
| PETRONET | 314.3 | 310 |
| PFC | 413.95 | 420 |
| PHOENIXLTD | 1523.8 | 1550 |
| PIDILITIND | 3076.5 | 3020 |
| PIIND | 3708.4 | 3700 |
| PNB | 95.78 | 96 |
| PNBHOUSING | 1070.8 | 1060 |
| POLICYBZR | 1698 | 1640 |
| POLYCAB | 5992.5 | 5800 |
| POONAWALLA | 385.55 | 380 |
| POWERGRID | 309.05 | 310 |
| PRESTIGE | 1366.1 | 1360 |
| RAMCOCEM | 952.3 | 950 |
| RBLBANK | 205.82 | 200 |
| RECLTD | 412.65 | 420 |
| RELIANCE | 1436.5 | 1380 |
| SAIL | 118.24 | 117.5 |
| SBICARD | 898.15 | 890 |
| SBILIFE | 1751.5 | 1720 |
| SBIN | 801.65 | 800 |
| SHREECEM | 30135 | 30000 |
| SHRIRAMFIN | 645.95 | 620 |
| SIEMENS | 2895.9 | 2900 |
| SJVN | 96.48 | 95 |
| SOLARINDS | 13289 | 13000 |
| SONACOMS | 519.8 | 490 |
| SRF | 3014.5 | 3000 |
| SUNPHARMA | 1686.2 | 1700 |
| SUPREMEIND | 3580.1 | 3500 |
| SYNGENE | 625.6 | 630 |
| TATACHEM | 848.75 | 860 |
| TATACOMM | 1567.4 | 1600 |
| TATACONSUM | 1145.6 | 1130 |
| TATAELXSI | 6100 | 5750 |
| TATAMOTORS | 720.8 | 700 |
| TATAPOWER | 391.4 | 400 |
| TATASTEEL | 151.63 | 145 |
| TATATECH | 701.05 | 670 |
| TCS | 3620.4 | 3480 |
| TECHM | 1573.1 | 1500 |
| TIINDIA | 2961.9 | 2850 |
| TITAGARH | 744.25 | 740 |
| TITAN | 3562.9 | 3480 |
| TORNTPHARM | 3237.7 | 3250 |
| TORNTPOWER | 1465.2 | 1460 |
| TRENT | 5441 | 5300 |
| TVSMOTOR | 2760.7 | 2740 |
| ULTRACEMCO | 11736 | 11800 |
| UNIONBANK | 128.11 | 125 |
| UNITDSPR | 1564.2 | 1560 |
| UPL | 676.85 | 670 |
| VBL | 513.85 | 510 |
| VEDL | 436.05 | 430 |
| VOLTAS | 1265.7 | 1260 |
| WIPRO | 257.28 | 245 |
| YESBANK | 20.41 | 19 |
| ZOMATO | 0 | 80 |
| ZYDUSLIFE | 884.85 | 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:
- 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.
