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TECHM
TECH MAHINDRA LIMITED

1337.5 7.10 (0.53%)

Max pain for TECHM

23 May 2024 04:08 PM IST

Max Pain for TECHM is 1300  



Strike  1000  has a total call value of 0  versus a total put value of  105,405,000,000 Combined total value = 105,405,000,000

Strike  1010  has a total call value of 0  versus a total put value of  101,134,800,000 Combined total value = 101,134,800,000

Strike  1020  has a total call value of 0  versus a total put value of  96,864,600,000 Combined total value = 96,864,600,000

Strike  1030  has a total call value of 0  versus a total put value of  92,594,400,000 Combined total value = 92,594,400,000

Strike  1040  has a total call value of 0  versus a total put value of  88,324,200,000 Combined total value = 88,324,200,000

Strike  1050  has a total call value of 0  versus a total put value of  84,065,400,000 Combined total value = 84,065,400,000

Strike  1060  has a total call value of 0  versus a total put value of  79,806,600,000 Combined total value = 79,806,600,000

Strike  1070  has a total call value of 0  versus a total put value of  75,592,200,000 Combined total value = 75,592,200,000

Strike  1080  has a total call value of 0  versus a total put value of  71,377,800,000 Combined total value = 71,377,800,000

Strike  1090  has a total call value of 0  versus a total put value of  67,213,800,000 Combined total value = 67,213,800,000

Strike  1100  has a total call value of 0  versus a total put value of  63,053,400,000 Combined total value = 63,053,400,000

Strike  1110  has a total call value of 43,200,000  versus a total put value of  59,232,600,000 Combined total value = 59,275,800,000

Strike  1120  has a total call value of 86,400,000  versus a total put value of  55,421,400,000 Combined total value = 55,507,800,000

Strike  1130  has a total call value of 129,600,000  versus a total put value of  51,656,400,000 Combined total value = 51,786,000,000

Strike  1140  has a total call value of 172,800,000  versus a total put value of  47,904,000,000 Combined total value = 48,076,800,000

Strike  1150  has a total call value of 216,000,000  versus a total put value of  44,185,200,000 Combined total value = 44,401,200,000

Strike  1160  has a total call value of 259,200,000  versus a total put value of  40,657,800,000 Combined total value = 40,917,000,000

Strike  1170  has a total call value of 302,400,000  versus a total put value of  37,216,200,000 Combined total value = 37,518,600,000

Strike  1180  has a total call value of 345,600,000  versus a total put value of  33,799,200,000 Combined total value = 34,144,800,000

Strike  1190  has a total call value of 388,800,000  versus a total put value of  30,470,400,000 Combined total value = 30,859,200,000

Strike  1200  has a total call value of 462,000,000  versus a total put value of  27,181,200,000 Combined total value = 27,643,200,000

Strike  1210  has a total call value of 658,800,000  versus a total put value of  24,315,600,000 Combined total value = 24,974,400,000

Strike  1220  has a total call value of 855,600,000  versus a total put value of  21,517,800,000 Combined total value = 22,373,400,000

Strike  1230  has a total call value of 1,110,600,000  versus a total put value of  18,815,400,000 Combined total value = 19,926,000,000

Strike  1240  has a total call value of 1,403,400,000  versus a total put value of  16,173,000,000 Combined total value = 17,576,400,000

Strike  1250  has a total call value of 1,731,600,000  versus a total put value of  13,608,000,000 Combined total value = 15,339,600,000

Strike  1260  has a total call value of 2,115,600,000  versus a total put value of  11,266,800,000 Combined total value = 13,382,400,000

Strike  1270  has a total call value of 2,563,800,000  versus a total put value of  9,099,000,000 Combined total value = 11,662,800,000

Strike  1280  has a total call value of 3,078,000,000  versus a total put value of  7,053,000,000 Combined total value = 10,131,000,000

Strike  1290  has a total call value of 3,888,600,000  versus a total put value of  5,337,600,000 Combined total value = 9,226,200,000

Strike  1300  has a total call value of 4,783,200,000  versus a total put value of  3,783,600,000 Combined total value = 8,566,800,000

Strike  1310  has a total call value of 6,318,000,000  versus a total put value of  2,746,800,000 Combined total value = 9,064,800,000

Strike  1320  has a total call value of 7,969,800,000  versus a total put value of  1,884,000,000 Combined total value = 9,853,800,000

Strike  1330  has a total call value of 10,107,000,000  versus a total put value of  1,270,200,000 Combined total value = 11,377,200,000

Strike  1340  has a total call value of 12,735,000,000  versus a total put value of  849,600,000 Combined total value = 13,584,600,000

Strike  1350  has a total call value of 15,808,200,000  versus a total put value of  600,000,000 Combined total value = 16,408,200,000

Strike  1360  has a total call value of 19,434,600,000  versus a total put value of  426,600,000 Combined total value = 19,861,200,000

Strike  1370  has a total call value of 24,133,800,000  versus a total put value of  286,800,000 Combined total value = 24,420,600,000

Strike  1380  has a total call value of 29,077,800,000  versus a total put value of  161,400,000 Combined total value = 29,239,200,000

Strike  1390  has a total call value of 34,885,800,000  versus a total put value of  74,400,000 Combined total value = 34,960,200,000

Strike  1400  has a total call value of 40,852,800,000  versus a total put value of  0 Combined total value = 40,852,800,000

Strike  1410  has a total call value of 48,078,600,000  versus a total put value of  0 Combined total value = 48,078,600,000

Strike  1420  has a total call value of 55,426,800,000  versus a total put value of  0 Combined total value = 55,426,800,000

Strike  1430  has a total call value of 62,918,400,000  versus a total put value of  0 Combined total value = 62,918,400,000

Strike  1440  has a total call value of 70,468,200,000  versus a total put value of  0 Combined total value = 70,468,200,000

Strike  1450  has a total call value of 78,154,800,000  versus a total put value of  0 Combined total value = 78,154,800,000

Strike  1460  has a total call value of 86,001,000,000  versus a total put value of  0 Combined total value = 86,001,000,000

Strike  1470  has a total call value of 93,937,200,000  versus a total put value of  0 Combined total value = 93,937,200,000

Strike  1480  has a total call value of 101,892,000,000  versus a total put value of  0 Combined total value = 101,892,000,000

Strike  1490  has a total call value of 110,335,800,000  versus a total put value of  0 Combined total value = 110,335,800,000

Strike  1500  has a total call value of 119,125,800,000  versus a total put value of  0 Combined total value = 119,125,800,000

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.