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TITAN
TITAN COMPANY LIMITED

3525.1 -120.80 (-3.31%)

Max pain for TITAN

18 Apr 2024 06:53 PM IST
Max Pain for TITAN is 3600  



Strike  3160  has a total call value of 0  versus a total put value of  82,701,150,000 Combined total value = 82,701,150,000

Strike  3180  has a total call value of 2,800,000  versus a total put value of  78,545,250,000 Combined total value = 78,548,050,000

Strike  3200  has a total call value of 5,600,000  versus a total put value of  74,389,350,000 Combined total value = 74,394,950,000

Strike  3220  has a total call value of 35,350,000  versus a total put value of  70,287,350,000 Combined total value = 70,322,700,000

Strike  3240  has a total call value of 65,100,000  versus a total put value of  66,185,350,000 Combined total value = 66,250,450,000

Strike  3260  has a total call value of 94,850,000  versus a total put value of  62,083,350,000 Combined total value = 62,178,200,000

Strike  3280  has a total call value of 124,600,000  versus a total put value of  57,981,350,000 Combined total value = 58,105,950,000

Strike  3300  has a total call value of 154,350,000  versus a total put value of  53,915,400,000 Combined total value = 54,069,750,000

Strike  3320  has a total call value of 184,100,000  versus a total put value of  49,849,450,000 Combined total value = 50,033,550,000

Strike  3340  has a total call value of 213,850,000  versus a total put value of  45,819,200,000 Combined total value = 46,033,050,000

Strike  3360  has a total call value of 243,600,000  versus a total put value of  41,788,950,000 Combined total value = 42,032,550,000

Strike  3380  has a total call value of 273,350,000  versus a total put value of  37,810,850,000 Combined total value = 38,084,200,000

Strike  3400  has a total call value of 303,100,000  versus a total put value of  33,924,450,000 Combined total value = 34,227,550,000

Strike  3420  has a total call value of 348,600,000  versus a total put value of  30,508,450,000 Combined total value = 30,857,050,000

Strike  3440  has a total call value of 394,100,000  versus a total put value of  27,151,950,000 Combined total value = 27,546,050,000

Strike  3460  has a total call value of 439,600,000  versus a total put value of  23,994,600,000 Combined total value = 24,434,200,000

Strike  3480  has a total call value of 490,350,000  versus a total put value of  20,900,250,000 Combined total value = 21,390,600,000

Strike  3500  has a total call value of 544,950,000  versus a total put value of  17,913,700,000 Combined total value = 18,458,650,000

Strike  3520  has a total call value of 702,800,000  versus a total put value of  15,608,600,000 Combined total value = 16,311,400,000

Strike  3540  has a total call value of 905,800,000  versus a total put value of  13,424,600,000 Combined total value = 14,330,400,000

Strike  3560  has a total call value of 1,186,850,000  versus a total put value of  11,340,000,000 Combined total value = 12,526,850,000

Strike  3580  has a total call value of 1,618,750,000  versus a total put value of  9,420,600,000 Combined total value = 11,039,350,000

Strike  3600  has a total call value of 2,247,350,000  versus a total put value of  7,599,200,000 Combined total value = 9,846,550,000

Strike  3620  has a total call value of 3,705,100,000  versus a total put value of  6,398,700,000 Combined total value = 10,103,800,000

Strike  3640  has a total call value of 5,428,500,000  versus a total put value of  5,287,800,000 Combined total value = 10,716,300,000

Strike  3660  has a total call value of 7,673,400,000  versus a total put value of  4,275,250,000 Combined total value = 11,948,650,000

Strike  3680  has a total call value of 10,333,750,000  versus a total put value of  3,336,900,000 Combined total value = 13,670,650,000

Strike  3700  has a total call value of 13,302,800,000  versus a total put value of  2,457,350,000 Combined total value = 15,760,150,000

Strike  3720  has a total call value of 18,012,400,000  versus a total put value of  1,879,850,000 Combined total value = 19,892,250,000

Strike  3740  has a total call value of 23,123,450,000  versus a total put value of  1,365,000,000 Combined total value = 24,488,450,000

Strike  3760  has a total call value of 28,733,950,000  versus a total put value of  936,950,000 Combined total value = 29,670,900,000

Strike  3780  has a total call value of 34,895,350,000  versus a total put value of  587,650,000 Combined total value = 35,483,000,000

Strike  3800  has a total call value of 41,542,900,000  versus a total put value of  329,000,000 Combined total value = 41,871,900,000

Strike  3820  has a total call value of 50,578,500,000  versus a total put value of  278,950,000 Combined total value = 50,857,450,000

Strike  3840  has a total call value of 59,975,650,000  versus a total put value of  228,900,000 Combined total value = 60,204,550,000

Strike  3860  has a total call value of 69,765,850,000  versus a total put value of  178,850,000 Combined total value = 69,944,700,000

Strike  3880  has a total call value of 79,727,900,000  versus a total put value of  128,800,000 Combined total value = 79,856,700,000

Strike  3900  has a total call value of 89,780,600,000  versus a total put value of  78,750,000 Combined total value = 89,859,350,000

Strike  3920  has a total call value of 100,622,550,000  versus a total put value of  63,000,000 Combined total value = 100,685,550,000

Strike  3940  has a total call value of 111,634,600,000  versus a total put value of  47,250,000 Combined total value = 111,681,850,000

Strike  3960  has a total call value of 122,710,000,000  versus a total put value of  31,500,000 Combined total value = 122,741,500,000

Strike  3980  has a total call value of 133,878,500,000  versus a total put value of  15,750,000 Combined total value = 133,894,250,000

Strike  4000  has a total call value of 145,080,250,000  versus a total put value of  0 Combined total value = 145,080,250,000

Strike  4020  has a total call value of 157,301,900,000  versus a total put value of  0 Combined total value = 157,301,900,000

Strike  4040  has a total call value of 169,540,000,000  versus a total put value of  0 Combined total value = 169,540,000,000

Strike  4060  has a total call value of 181,806,800,000  versus a total put value of  0 Combined total value = 181,806,800,000

Strike  4080  has a total call value of 194,133,450,000  versus a total put value of  0 Combined total value = 194,133,450,000

Strike  4100  has a total call value of 206,543,400,000  versus a total put value of  0 Combined total value = 206,543,400,000

Strike  4120  has a total call value of 218,953,350,000  versus a total put value of  0 Combined total value = 218,953,350,000

Strike  4140  has a total call value of 231,450,800,000  versus a total put value of  0 Combined total value = 231,450,800,000

Strike  4160  has a total call value of 243,948,250,000  versus a total put value of  0 Combined total value = 243,948,250,000

Strike  4180  has a total call value of 256,479,650,000  versus a total put value of  0 Combined total value = 256,479,650,000

Strike  4200  has a total call value of 269,011,050,000  versus a total put value of  0 Combined total value = 269,011,050,000

Strike  4220  has a total call value of 281,743,000,000  versus a total put value of  0 Combined total value = 281,743,000,000

Strike  4240  has a total call value of 294,474,950,000  versus a total put value of  0 Combined total value = 294,474,950,000

Strike  4260  has a total call value of 307,245,400,000  versus a total put value of  0 Combined total value = 307,245,400,000

Strike  4280  has a total call value of 320,015,850,000  versus a total put value of  0 Combined total value = 320,015,850,000

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.