TCS
Tata Consultancy Serv Lt
Max pain for TCS
16 May 2025 04:10 PM IST
Max Pain for TCS is 3500
Strike 2800 has a total call value of 0 versus a total put value of 302,478,400,000 Combined total value = 302,478,400,000
Strike 2820 has a total call value of 0 versus a total put value of 292,348,350,000 Combined total value = 292,348,350,000
Strike 2840 has a total call value of 0 versus a total put value of 282,218,300,000 Combined total value = 282,218,300,000
Strike 2860 has a total call value of 0 versus a total put value of 272,088,250,000 Combined total value = 272,088,250,000
Strike 2880 has a total call value of 0 versus a total put value of 261,976,750,000 Combined total value = 261,976,750,000
Strike 2900 has a total call value of 0 versus a total put value of 251,925,800,000 Combined total value = 251,925,800,000
Strike 2920 has a total call value of 0 versus a total put value of 242,059,650,000 Combined total value = 242,059,650,000
Strike 2940 has a total call value of 0 versus a total put value of 232,214,150,000 Combined total value = 232,214,150,000
Strike 2960 has a total call value of 0 versus a total put value of 222,379,500,000 Combined total value = 222,379,500,000
Strike 2980 has a total call value of 0 versus a total put value of 212,752,750,000 Combined total value = 212,752,750,000
Strike 3000 has a total call value of 0 versus a total put value of 203,126,000,000 Combined total value = 203,126,000,000
Strike 3020 has a total call value of 50,750,000 versus a total put value of 194,180,000,000 Combined total value = 194,230,750,000
Strike 3040 has a total call value of 101,500,000 versus a total put value of 185,234,000,000 Combined total value = 185,335,500,000
Strike 3060 has a total call value of 152,250,000 versus a total put value of 176,355,200,000 Combined total value = 176,507,450,000
Strike 3080 has a total call value of 203,000,000 versus a total put value of 167,534,150,000 Combined total value = 167,737,150,000
Strike 3100 has a total call value of 253,750,000 versus a total put value of 158,764,900,000 Combined total value = 159,018,650,000
Strike 3120 has a total call value of 346,150,000 versus a total put value of 150,412,500,000 Combined total value = 150,758,650,000
Strike 3140 has a total call value of 438,550,000 versus a total put value of 142,114,000,000 Combined total value = 142,552,550,000
Strike 3160 has a total call value of 530,950,000 versus a total put value of 133,870,450,000 Combined total value = 134,401,400,000
Strike 3180 has a total call value of 623,350,000 versus a total put value of 125,694,450,000 Combined total value = 126,317,800,000
Strike 3200 has a total call value of 715,750,000 versus a total put value of 117,574,450,000 Combined total value = 118,290,200,000
Strike 3220 has a total call value of 873,600,000 versus a total put value of 109,843,300,000 Combined total value = 110,716,900,000
Strike 3240 has a total call value of 1,031,450,000 versus a total put value of 102,161,850,000 Combined total value = 103,193,300,000
Strike 3260 has a total call value of 1,189,300,000 versus a total put value of 94,587,850,000 Combined total value = 95,777,150,000
Strike 3280 has a total call value of 1,388,450,000 versus a total put value of 87,099,950,000 Combined total value = 88,488,400,000
Strike 3300 has a total call value of 1,587,600,000 versus a total put value of 79,671,200,000 Combined total value = 81,258,800,000
Strike 3320 has a total call value of 2,028,950,000 versus a total put value of 72,756,250,000 Combined total value = 74,785,200,000
Strike 3340 has a total call value of 2,566,550,000 versus a total put value of 65,965,550,000 Combined total value = 68,532,100,000
Strike 3360 has a total call value of 3,183,250,000 versus a total put value of 59,346,000,000 Combined total value = 62,529,250,000
Strike 3380 has a total call value of 3,870,300,000 versus a total put value of 52,910,550,000 Combined total value = 56,780,850,000
Strike 3400 has a total call value of 4,557,350,000 versus a total put value of 46,640,650,000 Combined total value = 51,198,000,000
Strike 3420 has a total call value of 5,847,450,000 versus a total put value of 41,412,350,000 Combined total value = 47,259,800,000
Strike 3440 has a total call value of 7,592,200,000 versus a total put value of 36,509,550,000 Combined total value = 44,101,750,000
Strike 3460 has a total call value of 9,611,700,000 versus a total put value of 31,895,850,000 Combined total value = 41,507,550,000
Strike 3480 has a total call value of 12,274,850,000 versus a total put value of 27,897,100,000 Combined total value = 40,171,950,000
Strike 3500 has a total call value of 15,302,350,000 versus a total put value of 24,249,750,000 Combined total value = 39,552,100,000
Strike 3520 has a total call value of 20,045,900,000 versus a total put value of 21,167,650,000 Combined total value = 41,213,550,000
Strike 3540 has a total call value of 25,127,200,000 versus a total put value of 18,456,900,000 Combined total value = 43,584,100,000
Strike 3560 has a total call value of 30,651,250,000 versus a total put value of 16,093,700,000 Combined total value = 46,744,950,000
Strike 3580 has a total call value of 36,758,750,000 versus a total put value of 14,196,000,000 Combined total value = 50,954,750,000
Strike 3600 has a total call value of 43,386,700,000 versus a total put value of 12,626,950,000 Combined total value = 56,013,650,000
Strike 3620 has a total call value of 51,913,750,000 versus a total put value of 11,516,050,000 Combined total value = 63,429,800,000
Strike 3640 has a total call value of 60,807,250,000 versus a total put value of 10,527,300,000 Combined total value = 71,334,550,000
Strike 3660 has a total call value of 70,007,350,000 versus a total put value of 9,656,500,000 Combined total value = 79,663,850,000
Strike 3680 has a total call value of 79,677,150,000 versus a total put value of 8,873,900,000 Combined total value = 88,551,050,000
Strike 3700 has a total call value of 90,093,850,000 versus a total put value of 8,133,300,000 Combined total value = 98,227,150,000
Strike 3720 has a total call value of 101,731,000,000 versus a total put value of 7,567,000,000 Combined total value = 109,298,000,000
Strike 3740 has a total call value of 113,554,000,000 versus a total put value of 7,012,600,000 Combined total value = 120,566,600,000
Strike 3760 has a total call value of 125,520,150,000 versus a total put value of 6,478,150,000 Combined total value = 131,998,300,000
Strike 3780 has a total call value of 137,727,450,000 versus a total put value of 5,952,450,000 Combined total value = 143,679,900,000
Strike 3800 has a total call value of 150,083,500,000 versus a total put value of 5,426,750,000 Combined total value = 155,510,250,000
Strike 3820 has a total call value of 163,627,450,000 versus a total put value of 5,000,100,000 Combined total value = 168,627,550,000
Strike 3840 has a total call value of 177,249,100,000 versus a total put value of 4,573,450,000 Combined total value = 181,822,550,000
Strike 3860 has a total call value of 191,192,400,000 versus a total put value of 4,146,800,000 Combined total value = 195,339,200,000
Strike 3880 has a total call value of 205,175,250,000 versus a total put value of 3,720,150,000 Combined total value = 208,895,400,000
Strike 3900 has a total call value of 219,434,600,000 versus a total put value of 3,293,500,000 Combined total value = 222,728,100,000
Strike 3920 has a total call value of 234,160,850,000 versus a total put value of 2,947,000,000 Combined total value = 237,107,850,000
Strike 3940 has a total call value of 249,030,250,000 versus a total put value of 2,600,500,000 Combined total value = 251,630,750,000
Strike 3960 has a total call value of 263,899,650,000 versus a total put value of 2,254,000,000 Combined total value = 266,153,650,000
Strike 3980 has a total call value of 278,801,950,000 versus a total put value of 1,907,500,000 Combined total value = 280,709,450,000
Strike 4000 has a total call value of 293,704,250,000 versus a total put value of 1,561,000,000 Combined total value = 295,265,250,000
Strike 4020 has a total call value of 309,791,650,000 versus a total put value of 1,404,900,000 Combined total value = 311,196,550,000
Strike 4040 has a total call value of 325,879,050,000 versus a total put value of 1,248,800,000 Combined total value = 327,127,850,000
Strike 4060 has a total call value of 341,966,450,000 versus a total put value of 1,092,700,000 Combined total value = 343,059,150,000
Strike 4080 has a total call value of 358,053,850,000 versus a total put value of 936,600,000 Combined total value = 358,990,450,000
Strike 4100 has a total call value of 374,141,250,000 versus a total put value of 780,500,000 Combined total value = 374,921,750,000
Strike 4120 has a total call value of 390,228,650,000 versus a total put value of 624,400,000 Combined total value = 390,853,050,000
Strike 4140 has a total call value of 406,316,050,000 versus a total put value of 468,300,000 Combined total value = 406,784,350,000
Strike 4160 has a total call value of 422,403,450,000 versus a total put value of 312,200,000 Combined total value = 422,715,650,000
Strike 4180 has a total call value of 438,490,850,000 versus a total put value of 156,100,000 Combined total value = 438,646,950,000
Strike 4200 has a total call value of 454,578,250,000 versus a total put value of 0 Combined total value = 454,578,250,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 474.65 | 460 |
ABB | 5820 | 5700 |
ABCAPITAL | 218.24 | 210 |
ABFRL | 278.1 | 275 |
ACC | 1928.4 | 1920 |
ADANIENSOL | 915.05 | 900 |
ADANIENT | 2555 | 2500 |
ADANIGREEN | 1020.1 | 960 |
ADANIPORTS | 1407.4 | 1320 |
ALKEM | 5221 | 5150 |
AMBUJACEM | 563.5 | 555 |
ANGELONE | 2800.6 | 2550 |
APLAPOLLO | 1785.4 | 1700 |
APOLLOHOSP | 7015 | 7000 |
APOLLOTYRE | 494.25 | 485 |
ASHOKLEY | 237.33 | 230 |
ASIANPAINT | 2353.6 | 2340 |
ASTRAL | 1359.7 | 1340 |
ATGL | 681.6 | 650 |
AUBANK | 684.85 | 675 |
AUROPHARMA | 1201.2 | 1220 |
AXISBANK | 1208.8 | 1180 |
BAJAJ-AUTO | 8482.5 | 8200 |
BAJAJFINSV | 2033.6 | 2020 |
BAJFINANCE | 9167 | 9000 |
BALKRISIND | 2709.7 | 2700 |
BANDHANBNK | 170.09 | 167.5 |
BANKBARODA | 236.92 | 235 |
BANKINDIA | 114.33 | 112 |
BEL | 363.9 | 340 |
BHARATFORG | 1263 | 1200 |
BHARTIARTL | 1814 | 1820 |
BHEL | 250.35 | 245 |
BIOCON | 339.4 | 335 |
BOSCHLTD | 31655 | 31000 |
BPCL | 320.1 | 310 |
BRITANNIA | 5501.5 | 5500 |
BSE | 7279 | 6800 |
BSOFT | 429.7 | 420 |
CAMS | 3890.9 | 3800 |
CANBK | 107.76 | 104 |
CDSL | 1408.8 | 1300 |
CESC | 165.19 | 160 |
CGPOWER | 696.45 | 660 |
CHAMBLFERT | 632.1 | 650 |
CHOLAFIN | 1619.3 | 1580 |
CIPLA | 1499.9 | 1500 |
COALINDIA | 404.8 | 395 |
COFORGE | 8426 | 7900 |
COLPAL | 2689.7 | 2640 |
CONCOR | 730.5 | 710 |
CROMPTON | 351.25 | 345 |
CUMMINSIND | 3035.6 | 2900 |
CYIENT | 1304.3 | 1240 |
DABUR | 476.65 | 480 |
DALBHARAT | 2070.1 | 2000 |
DEEPAKNTR | 2110.9 | 2000 |
DELHIVERY | 320.85 | 315 |
DIVISLAB | 6279.5 | 6200 |
DIXON | 16660 | 16250 |
DLF | 715.9 | 690 |
DMART | 4189.7 | 4100 |
DRREDDY | 1230.7 | 1190 |
EICHERMOT | 5509.5 | 5500 |
ESCORTS | 3551.5 | 3400 |
ETERNAL | 245.76 | 235 |
EXIDEIND | 393.05 | 380 |
FEDERALBNK | 199.03 | 195 |
GAIL | 186.28 | 190 |
GLENMARK | 1448.6 | 1420 |
GMRAIRPORT | 91.07 | 88 |
GODREJCP | 1299.5 | 1270 |
GODREJPROP | 2176.1 | 2150 |
GRANULES | 505.6 | 480 |
GRASIM | 2804.2 | 2740 |
HAL | 5127.7 | 4800 |
HAVELLS | 1577.4 | 1600 |
HCLTECH | 1659.9 | 1600 |
HDFCAMC | 4737.3 | 4600 |
HDFCBANK | 1934.7 | 1920 |
HDFCLIFE | 750.55 | 730 |
HEROMOTOCO | 4345.3 | 4150 |
HFCL | 88.43 | 84 |
HINDALCO | 657.55 | 650 |
HINDCOPPER | 226 | 225 |
HINDPETRO | 410.05 | 400 |
HINDUNILVR | 2381.4 | 2360 |
HINDZINC | 442.3 | 430 |
HUDCO | 233.86 | 225 |
ICICIBANK | 1454 | 1440 |
ICICIGI | 1849.6 | 1860 |
ICICIPRULI | 615.6 | 600 |
IDEA | 7.37 | 8 |
IDFCFIRSTB | 69.26 | 67 |
IEX | 199.86 | 195 |
IGL | 209.2 | 200 |
IIFL | 413.95 | 390 |
INDHOTEL | 766.35 | 760 |
INDIANB | 594.55 | 580 |
INDIGO | 5562.5 | 5450 |
INDUSINDBK | 780.2 | 800 |
INDUSTOWER | 400.45 | 395 |
INFY | 1589.9 | 1540 |
INOXWIND | 179.82 | 170 |
IOC | 144.72 | 145 |
IRB | 51.21 | 49 |
IRCTC | 809.05 | 790 |
IREDA | 173.29 | 170 |
IRFC | 138.61 | 130 |
ITC | 435.7 | 430 |
JINDALSTEL | 981.6 | 930 |
JIOFIN | 277 | 260 |
JSL | 663.1 | 620 |
JSWENERGY | 503.85 | 490 |
JSWSTEEL | 1021.8 | 1000 |
JUBLFOOD | 674.3 | 690 |
KALYANKJIL | 560.4 | 540 |
KEI | 3463.2 | 3300 |
KOTAKBANK | 2108.2 | 2120 |
KPITTECH | 1364.8 | 1300 |
LAURUSLABS | 603.05 | 610 |
LICHSGFIN | 621.1 | 620 |
LICI | 857 | 830 |
LODHA | 1394.8 | 1320 |
LT | 3604.7 | 3500 |
LTF | 174.87 | 170 |
LTIM | 5047.8 | 4850 |
LUPIN | 2068.4 | 2060 |
M&M | 3135.6 | 3050 |
M&MFIN | 266.95 | 262.7 |
MANAPPURAM | 229.48 | 235 |
MARICO | 724.4 | 720 |
MARUTI | 12995 | 12200 |
MAXHEALTH | 1167.1 | 1160 |
MCX | 6450 | 6200 |
MFSL | 1355.2 | 1340 |
MGL | 1391.4 | 1380 |
MOTHERSON | 147.04 | 140 |
MPHASIS | 2600.4 | 2560 |
MRF | 140265 | 140000 |
MUTHOOTFIN | 2104.8 | 2120 |
NATIONALUM | 177.19 | 175 |
NAUKRI | 1509.5 | 1440 |
NBCC | 111.08 | 102 |
NCC | 227.19 | 220 |
NESTLEIND | 2408.8 | 2380 |
NHPC | 89.71 | 85 |
NMDC | 70.27 | 70 |
NTPC | 343.1 | 345 |
NYKAA | 201.8 | 200 |
OBEROIRLTY | 1676.2 | 1640 |
OFSS | 8696.5 | 8435 |
OIL | 423.9 | 410 |
ONGC | 247.27 | 240 |
PAGEIND | 47830 | 47000 |
PATANJALI | 1785 | 1800 |
PAYTM | 852.35 | 860 |
PEL | 1104.75 | 1040 |
PERSISTENT | 5699 | 5600 |
PETRONET | 320.6 | 315 |
PFC | 417.75 | 420 |
PHOENIXLTD | 1550.9 | 1550 |
PIDILITIND | 3091.2 | 3060 |
PIIND | 3769.7 | 3700 |
PNB | 98.91 | 98 |
PNBHOUSING | 1072.1 | 1060 |
POLICYBZR | 1756.2 | 1740 |
POLYCAB | 6094.5 | 6000 |
POONAWALLA | 395.15 | 385 |
POWERGRID | 300.2 | 302.5 |
PRESTIGE | 1433.2 | 1400 |
RAMCOCEM | 1004.15 | 960 |
RBLBANK | 212.68 | 200 |
RECLTD | 406.45 | 410 |
RELIANCE | 1456.4 | 1400 |
SAIL | 122.48 | 120 |
SBICARD | 912 | 900 |
SBILIFE | 1773.4 | 1740 |
SBIN | 792.1 | 800 |
SHREECEM | 31615 | 31000 |
SHRIRAMFIN | 665.5 | 640 |
SIEMENS | 3069.5 | 2900 |
SJVN | 104.2 | 100 |
SOLARINDS | 14025 | 13500 |
SONACOMS | 542.85 | 500 |
SRF | 2914.9 | 2950 |
SUNPHARMA | 1734.9 | 1700 |
SUPREMEIND | 3681.9 | 3600 |
SYNGENE | 645.4 | 640 |
TATACHEM | 859.5 | 860 |
TATACOMM | 1632.3 | 1600 |
TATACONSUM | 1168 | 1140 |
TATAELXSI | 6212 | 5850 |
TATAMOTORS | 730.7 | 700 |
TATAPOWER | 405.8 | 400 |
TATASTEEL | 157.55 | 150 |
TATATECH | 750.9 | 700 |
TCS | 3561.3 | 3500 |
TECHM | 1617 | 1540 |
TIINDIA | 3044.6 | 2900 |
TITAGARH | 912.85 | 860 |
TITAN | 3633.7 | 3500 |
TORNTPHARM | 3266.8 | 3250 |
TORNTPOWER | 1442.8 | 1440 |
TRENT | 5583 | 5400 |
TVSMOTOR | 2841.5 | 2780 |
ULTRACEMCO | 11905 | 11800 |
UNIONBANK | 133.02 | 130 |
UNITDSPR | 1540.3 | 1540 |
UPL | 644.2 | 650 |
VBL | 501.65 | 510 |
VEDL | 441.2 | 430 |
VOLTAS | 1261.4 | 1260 |
WIPRO | 254.31 | 245 |
YESBANK | 21.55 | 20 |
ZOMATO | 0 | 80 |
ZYDUSLIFE | 902.7 | 900 |
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.