TITAN
Titan Company Limited
Max pain for TITAN
22 Oct 2024 04:11 PM IST
Max Pain for TITAN is 3460
Strike 2800 has a total call value of 0 versus a total put value of 279,782,650,000 Combined total value = 279,782,650,000
Strike 2840 has a total call value of 0 versus a total put value of 261,792,650,000 Combined total value = 261,792,650,000
Strike 2850 has a total call value of 0 versus a total put value of 257,295,150,000 Combined total value = 257,295,150,000
Strike 2860 has a total call value of 0 versus a total put value of 252,797,650,000 Combined total value = 252,797,650,000
Strike 2880 has a total call value of 0 versus a total put value of 243,802,650,000 Combined total value = 243,802,650,000
Strike 2900 has a total call value of 0 versus a total put value of 234,807,650,000 Combined total value = 234,807,650,000
Strike 2920 has a total call value of 0 versus a total put value of 225,899,450,000 Combined total value = 225,899,450,000
Strike 2940 has a total call value of 0 versus a total put value of 216,991,250,000 Combined total value = 216,991,250,000
Strike 2950 has a total call value of 0 versus a total put value of 212,537,150,000 Combined total value = 212,537,150,000
Strike 2960 has a total call value of 0 versus a total put value of 208,083,050,000 Combined total value = 208,083,050,000
Strike 2980 has a total call value of 0 versus a total put value of 199,174,850,000 Combined total value = 199,174,850,000
Strike 3000 has a total call value of 0 versus a total put value of 190,266,650,000 Combined total value = 190,266,650,000
Strike 3020 has a total call value of 0 versus a total put value of 181,570,900,000 Combined total value = 181,570,900,000
Strike 3040 has a total call value of 0 versus a total put value of 172,875,150,000 Combined total value = 172,875,150,000
Strike 3050 has a total call value of 0 versus a total put value of 168,527,275,000 Combined total value = 168,527,275,000
Strike 3060 has a total call value of 0 versus a total put value of 164,200,750,000 Combined total value = 164,200,750,000
Strike 3080 has a total call value of 0 versus a total put value of 155,547,700,000 Combined total value = 155,547,700,000
Strike 3100 has a total call value of 0 versus a total put value of 146,894,650,000 Combined total value = 146,894,650,000
Strike 3120 has a total call value of 160,300,000 versus a total put value of 138,696,600,000 Combined total value = 138,856,900,000
Strike 3140 has a total call value of 320,600,000 versus a total put value of 130,498,550,000 Combined total value = 130,819,150,000
Strike 3150 has a total call value of 400,750,000 versus a total put value of 126,399,525,000 Combined total value = 126,800,275,000
Strike 3160 has a total call value of 504,875,000 versus a total put value of 122,404,975,000 Combined total value = 122,909,850,000
Strike 3180 has a total call value of 713,125,000 versus a total put value of 114,415,875,000 Combined total value = 115,129,000,000
Strike 3200 has a total call value of 921,375,000 versus a total put value of 106,426,775,000 Combined total value = 107,348,150,000
Strike 3220 has a total call value of 1,209,425,000 versus a total put value of 99,013,425,000 Combined total value = 100,222,850,000
Strike 3240 has a total call value of 1,497,475,000 versus a total put value of 91,600,075,000 Combined total value = 93,097,550,000
Strike 3250 has a total call value of 1,641,500,000 versus a total put value of 87,893,400,000 Combined total value = 89,534,900,000
Strike 3260 has a total call value of 1,812,300,000 versus a total put value of 84,336,700,000 Combined total value = 86,149,000,000
Strike 3280 has a total call value of 2,153,900,000 versus a total put value of 77,223,300,000 Combined total value = 79,377,200,000
Strike 3300 has a total call value of 2,495,500,000 versus a total put value of 70,109,900,000 Combined total value = 72,605,400,000
Strike 3320 has a total call value of 3,108,350,000 versus a total put value of 64,406,650,000 Combined total value = 67,515,000,000
Strike 3340 has a total call value of 3,721,200,000 versus a total put value of 58,703,400,000 Combined total value = 62,424,600,000
Strike 3350 has a total call value of 4,027,625,000 versus a total put value of 55,851,775,000 Combined total value = 59,879,400,000
Strike 3360 has a total call value of 4,582,200,000 versus a total put value of 53,428,900,000 Combined total value = 58,011,100,000
Strike 3380 has a total call value of 5,691,350,000 versus a total put value of 48,583,150,000 Combined total value = 54,274,500,000
Strike 3400 has a total call value of 6,800,500,000 versus a total put value of 43,737,400,000 Combined total value = 50,537,900,000
Strike 3420 has a total call value of 9,148,300,000 versus a total put value of 39,816,700,000 Combined total value = 48,965,000,000
Strike 3440 has a total call value of 11,496,100,000 versus a total put value of 35,997,850,000 Combined total value = 47,493,950,000
Strike 3450 has a total call value of 12,670,000,000 versus a total put value of 34,112,050,000 Combined total value = 46,782,050,000
Strike 3460 has a total call value of 14,363,125,000 versus a total put value of 32,391,800,000 Combined total value = 46,754,925,000
Strike 3480 has a total call value of 17,749,375,000 versus a total put value of 29,027,950,000 Combined total value = 46,777,325,000
Strike 3500 has a total call value of 21,524,125,000 versus a total put value of 25,810,400,000 Combined total value = 47,334,525,000
Strike 3520 has a total call value of 27,126,225,000 versus a total put value of 23,028,250,000 Combined total value = 50,154,475,000
Strike 3540 has a total call value of 33,082,525,000 versus a total put value of 20,385,050,000 Combined total value = 53,467,575,000
Strike 3550 has a total call value of 36,060,675,000 versus a total put value of 19,099,850,000 Combined total value = 55,160,525,000
Strike 3560 has a total call value of 39,364,500,000 versus a total put value of 17,929,275,000 Combined total value = 57,293,775,000
Strike 3580 has a total call value of 45,972,150,000 versus a total put value of 15,646,225,000 Combined total value = 61,618,375,000
Strike 3600 has a total call value of 52,579,800,000 versus a total put value of 13,414,275,000 Combined total value = 65,994,075,000
Strike 3620 has a total call value of 61,064,850,000 versus a total put value of 11,718,875,000 Combined total value = 72,783,725,000
Strike 3640 has a total call value of 69,886,250,000 versus a total put value of 10,148,775,000 Combined total value = 80,035,025,000
Strike 3650 has a total call value of 74,380,425,000 versus a total put value of 9,401,350,000 Combined total value = 83,781,775,000
Strike 3660 has a total call value of 79,015,125,000 versus a total put value of 8,687,350,000 Combined total value = 87,702,475,000
Strike 3680 has a total call value of 88,454,975,000 versus a total put value of 7,319,200,000 Combined total value = 95,774,175,000
Strike 3700 has a total call value of 98,072,275,000 versus a total put value of 6,011,600,000 Combined total value = 104,083,875,000
Strike 3720 has a total call value of 108,977,225,000 versus a total put value of 5,033,700,000 Combined total value = 114,010,925,000
Strike 3740 has a total call value of 120,268,925,000 versus a total put value of 4,055,800,000 Combined total value = 124,324,725,000
Strike 3750 has a total call value of 126,024,675,000 versus a total put value of 3,614,625,000 Combined total value = 129,639,300,000
Strike 3760 has a total call value of 131,932,500,000 versus a total put value of 3,195,850,000 Combined total value = 135,128,350,000
Strike 3780 has a total call value of 144,134,900,000 versus a total put value of 2,445,450,000 Combined total value = 146,580,350,000
Strike 3800 has a total call value of 156,524,550,000 versus a total put value of 1,740,200,000 Combined total value = 158,264,750,000
Strike 3820 has a total call value of 170,992,150,000 versus a total put value of 1,276,100,000 Combined total value = 172,268,250,000
Strike 3840 has a total call value of 185,789,450,000 versus a total put value of 871,150,000 Combined total value = 186,660,600,000
Strike 3850 has a total call value of 193,383,925,000 versus a total put value of 706,300,000 Combined total value = 194,090,225,000
Strike 3860 has a total call value of 201,084,100,000 versus a total put value of 541,450,000 Combined total value = 201,625,550,000
Strike 3880 has a total call value of 216,817,650,000 versus a total put value of 332,500,000 Combined total value = 217,150,150,000
Strike 3900 has a total call value of 232,835,050,000 versus a total put value of 206,500,000 Combined total value = 233,041,550,000
Strike 3920 has a total call value of 250,152,700,000 versus a total put value of 165,200,000 Combined total value = 250,317,900,000
Strike 3940 has a total call value of 267,559,250,000 versus a total put value of 123,900,000 Combined total value = 267,683,150,000
Strike 3950 has a total call value of 276,294,725,000 versus a total put value of 103,250,000 Combined total value = 276,397,975,000
Strike 3960 has a total call value of 285,049,450,000 versus a total put value of 82,600,000 Combined total value = 285,132,050,000
Strike 3980 has a total call value of 302,611,400,000 versus a total put value of 41,300,000 Combined total value = 302,652,700,000
Strike 4000 has a total call value of 320,173,350,000 versus a total put value of 0 Combined total value = 320,173,350,000
Strike 4020 has a total call value of 339,093,650,000 versus a total put value of 0 Combined total value = 339,093,650,000
Strike 4040 has a total call value of 358,031,800,000 versus a total put value of 0 Combined total value = 358,031,800,000
Strike 4050 has a total call value of 367,510,675,000 versus a total put value of 0 Combined total value = 367,510,675,000
Strike 4060 has a total call value of 376,989,550,000 versus a total put value of 0 Combined total value = 376,989,550,000
Strike 4080 has a total call value of 395,963,400,000 versus a total put value of 0 Combined total value = 395,963,400,000
Strike 4100 has a total call value of 414,968,750,000 versus a total put value of 0 Combined total value = 414,968,750,000
Strike 4120 has a total call value of 434,035,350,000 versus a total put value of 0 Combined total value = 434,035,350,000
Strike 4140 has a total call value of 453,129,250,000 versus a total put value of 0 Combined total value = 453,129,250,000
Strike 4150 has a total call value of 462,676,200,000 versus a total put value of 0 Combined total value = 462,676,200,000
Strike 4160 has a total call value of 472,223,150,000 versus a total put value of 0 Combined total value = 472,223,150,000
Strike 4180 has a total call value of 491,335,250,000 versus a total put value of 0 Combined total value = 491,335,250,000
Strike 4200 has a total call value of 510,447,350,000 versus a total put value of 0 Combined total value = 510,447,350,000
Strike 4220 has a total call value of 529,783,450,000 versus a total put value of 0 Combined total value = 529,783,450,000
Strike 4240 has a total call value of 549,119,550,000 versus a total put value of 0 Combined total value = 549,119,550,000
Strike 4250 has a total call value of 558,804,225,000 versus a total put value of 0 Combined total value = 558,804,225,000
Strike 4260 has a total call value of 568,488,900,000 versus a total put value of 0 Combined total value = 568,488,900,000
Strike 4280 has a total call value of 587,858,250,000 versus a total put value of 0 Combined total value = 587,858,250,000
Strike 4300 has a total call value of 607,247,200,000 versus a total put value of 0 Combined total value = 607,247,200,000
Strike 4320 has a total call value of 626,663,800,000 versus a total put value of 0 Combined total value = 626,663,800,000
Strike 4350 has a total call value of 655,845,400,000 versus a total put value of 0 Combined total value = 655,845,400,000
Strike 4360 has a total call value of 665,572,600,000 versus a total put value of 0 Combined total value = 665,572,600,000
Strike 4400 has a total call value of 704,481,400,000 versus a total put value of 0 Combined total value = 704,481,400,000
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.