TATASTEEL

Tata Steel Limited

167.4 -4.98 (-2.89%)

L: 167.2 H: 173.37

Max pain for TATASTEEL
18 Oct 2025 04:59 PM IST

Market Closed

Expiry

Max Pain for TATASTEEL is 172.5

Historical data for TATASTEEL-172.5-CE

Ltp (172.5 CE)

2.55 -1.4

Open Interest

1575 255

Historical data for TATASTEEL-172.5-PE

Ltp (172.5 PE)

3.25 1.2

Open Interest

1183 -283

Strike 130 has a total call value of 0 versus a total put value of 294,255,500,000 Combined total value = 294,255,500,000

Strike 132.5 has a total call value of 162,250,000 versus a total put value of 273,403,625,000 Combined total value = 273,565,875,000

Strike 135 has a total call value of 324,500,000 versus a total put value of 252,551,750,000 Combined total value = 252,876,250,000

Strike 137.5 has a total call value of 486,750,000 versus a total put value of 231,699,875,000 Combined total value = 232,186,625,000

Strike 140 has a total call value of 649,000,000 versus a total put value of 210,848,000,000 Combined total value = 211,497,000,000

Strike 142.5 has a total call value of 899,250,000 versus a total put value of 190,180,375,000 Combined total value = 191,079,625,000

Strike 145 has a total call value of 1,149,500,000 versus a total put value of 169,545,750,000 Combined total value = 170,695,250,000

Strike 147.5 has a total call value of 1,399,750,000 versus a total put value of 149,421,250,000 Combined total value = 150,821,000,000

Strike 150 has a total call value of 1,650,000,000 versus a total put value of 129,768,375,000 Combined total value = 131,418,375,000

Strike 152.5 has a total call value of 2,061,125,000 versus a total put value of 112,274,250,000 Combined total value = 114,335,375,000

Strike 155 has a total call value of 2,472,250,000 versus a total put value of 94,945,125,000 Combined total value = 97,417,375,000

Strike 157.5 has a total call value of 3,096,500,000 versus a total put value of 78,699,500,000 Combined total value = 81,796,000,000

Strike 160 has a total call value of 3,720,750,000 versus a total put value of 62,832,000,000 Combined total value = 66,552,750,000

Strike 162.5 has a total call value of 4,775,375,000 versus a total put value of 48,791,875,000 Combined total value = 53,567,250,000

Strike 165 has a total call value of 5,916,625,000 versus a total put value of 35,545,125,000 Combined total value = 41,461,750,000

Strike 167.5 has a total call value of 7,555,625,000 versus a total put value of 25,063,500,000 Combined total value = 32,619,125,000

Strike 170 has a total call value of 9,585,125,000 versus a total put value of 15,680,500,000 Combined total value = 25,265,625,000

Strike 172.5 has a total call value of 14,165,250,000 versus a total put value of 9,770,750,000 Combined total value = 23,936,000,000

Strike 175 has a total call value of 20,911,000,000 versus a total put value of 5,487,625,000 Combined total value = 26,398,625,000

Strike 177.5 has a total call value of 34,799,875,000 versus a total put value of 3,086,875,000 Combined total value = 37,886,750,000

Strike 180 has a total call value of 50,582,125,000 versus a total put value of 1,377,750,000 Combined total value = 51,959,875,000

Strike 182.5 has a total call value of 72,622,000,000 versus a total put value of 767,250,000 Combined total value = 73,389,250,000

Strike 185 has a total call value of 97,801,000,000 versus a total put value of 288,750,000 Combined total value = 98,089,750,000

Strike 187.5 has a total call value of 125,208,875,000 versus a total put value of 144,375,000 Combined total value = 125,353,250,000

Strike 190 has a total call value of 153,118,625,000 versus a total put value of 0 Combined total value = 153,118,625,000

Strike 192.5 has a total call value of 183,810,000,000 versus a total put value of 0 Combined total value = 183,810,000,000

Strike 195 has a total call value of 214,592,125,000 versus a total put value of 0 Combined total value = 214,592,125,000

Strike 197.5 has a total call value of 246,925,250,000 versus a total put value of 0 Combined total value = 246,925,250,000

Strike 200 has a total call value of 279,258,375,000 versus a total put value of 0 Combined total value = 279,258,375,000

Max-Pain Table

Max-Pain Table Expiry

Note:- click on symbol to see more detailed view

Max Pain Table
Symbol	Symbol Ltp	Max Pain
360ONE	1001.8	1140
ABB	5173.4	5200
ABCAPITAL	278.9	295
ADANIENSOL	879.2	930
ADANIENT	2543.7	2550
ADANIGREEN	1047.4	1060
ADANIPORTS	1392	1440
ALKEM	5433	5550
AMBER	8162.5	8200
AMBUJACEM	565.2	570
ANGELONE	2136.4	2400
APLAPOLLO	1660.1	1720
APOLLOHOSP	7510	7800
ASHOKLEY	141.93	137.5
ASIANPAINT	2342.8	2440
ASTRAL	1373.8	1420
AUBANK	743.2	780
AUROPHARMA	1090	1100
AXISBANK	1154	1170
BAJAJ-AUTO	8702	9000
BAJAJFINSV	2003.2	2060
BAJFINANCE	985.1	1040
BANDHANBNK	155.02	165
BANKBARODA	248.45	260
BANKINDIA	116.33	125
BDL	1497.8	1550
BEL	395.9	410
BHARATFORG	1181.1	1220
BHARTIARTL	1916.6	1960
BHEL	231.01	240
BIOCON	338.9	355
BLUESTARCO	1890.1	1940
BOSCHLTD	38150	38500
BPCL	324.35	335
BRITANNIA	5920.5	6000
BSE	2043.2	2400
CAMS	3800	3850
CANBK	118.08	125
CDSL	1467.7	1580
CGPOWER	739.4	750
CHOLAFIN	1569.9	1640
CIPLA	1499.4	1550
COALINDIA	389.15	390
COFORGE	1538.5	1700
COLPAL	2224.3	2260
CONCOR	524.8	540
CROMPTON	292.6	295
CUMMINSIND	3947.6	4000
CYIENT	1134.1	1180
DABUR	499.75	500
DALBHARAT	2215.4	2260
DELHIVERY	445.7	460
DIVISLAB	5689.5	6400
DIXON	17511	17000
DLF	716.05	750
DMART	4517.8	4300
DRREDDY	1253.1	1260
EICHERMOT	7047	7000
ETERNAL	321	340
EXIDEIND	388.8	400
FEDERALBNK	191.82	210
FORTIS	932.75	1060
GAIL	172.02	180
GLENMARK	1971.7	1900
GMRAIRPORT	87.28	90
GODREJCP	1163.9	1140
GODREJPROP	1957.6	2140
GRASIM	2746.8	2800
HAL	4736.1	4850
HAVELLS	1507.4	1500
HCLTECH	1395.3	1480
HDFCAMC	5621	5700
HDFCBANK	945.05	985
HDFCLIFE	764.4	750
HEROMOTOCO	5328	5550
HFCL	72.1	75
HINDALCO	743.85	770
HINDPETRO	422.25	440
HINDUNILVR	2511.8	2540
HINDZINC	449.1	500
HUDCO	220.05	230
ICICIBANK	1359.6	1400
ICICIGI	1894	1980
ICICIPRULI	585.5	600
IDEA	8.02	9
IDFCFIRSTB	68.59	72
IEX	137.76	140
IGL	202.26	215
IIFL	419.35	490
INDHOTEL	709.8	740
INDIANB	706.35	760
INDIGO	5561	5800
INDUSINDBK	712.75	750
INDUSTOWER	346.3	350
INFY	1448.9	1460
INOXWIND	137.46	145
IOC	145.04	152.5
IRCTC	703.1	720
IREDA	146.28	152.5
IRFC	121.91	125
ITC	405.1	410
JINDALSTEL	1029.5	1020
JIOFIN	295.85	310
JSWENERGY	520.1	540
JSWSTEEL	1130.8	1160
JUBLFOOD	606.9	600
KALYANKJIL	455.8	480
KAYNES	7341	7000
KEI	4049.3	4200
KFINTECH	1070.8	1100
KOTAKBANK	1994.8	2120
KPITTECH	1212.8	1160
LAURUSLABS	832.3	880
LICHSGFIN	564.95	580
LICI	872.45	900
LODHA	1141.1	1160
LT	3729.5	3800
LTF	236.29	260
LTIM	5075	5600
LUPIN	1919.8	1960
M&M	3396.5	3550
MANAPPURAM	276.9	285
MANKIND	2482.9	2500
MARICO	698.35	720
MARUTI	16286	16100
MAXHEALTH	1123.4	1160
MAZDOCK	2827.6	2850
MCX	7920.5	9000
MFSL	1545.6	1580
MOTHERSON	105.66	105
MPHASIS	2642.4	2750
MUTHOOTFIN	3020.3	3200
NATIONALUM	200.58	225
NAUKRI	1316.2	1360
NBCC	105.18	111
NCC	202.51	210
NESTLEIND	1162.6	1250
NHPC	83.64	86
NMDC	74.99	76
NTPC	337.9	340
NUVAMA	6115	7000
NYKAA	230.62	255
OBEROIRLTY	1577.7	1680
OFSS	8515	8800
OIL	410.25	420
ONGC	238.02	245
PAGEIND	41240	41000
PATANJALI	589	590
PAYTM	1125.2	1240
PERSISTENT	4951	5600
PETRONET	266.9	285
PFC	397.3	405
PGEL	514.65	570
PHOENIXLTD	1540.4	1660
PIDILITIND	1474.8	1500
PIIND	3487.6	3600
PNB	107.79	115
PNBHOUSING	864.1	860
POLICYBZR	1677.1	1700
POLYCAB	7322.5	7500
POWERGRID	282.25	290
PPLPHARMA	187.73	197.5
PRESTIGE	1507.4	1640
RBLBANK	272.35	285
RECLTD	367.4	380
RELIANCE	1377.6	1400
RVNL	337.8	340
SAIL	131.02	132
SAMMAANCAP	137.82	160
SBICARD	873.85	910
SBILIFE	1798.8	1800
SBIN	856.95	880
SHREECEM	28910	30000
SHRIRAMFIN	606.05	660
SIEMENS	3096.3	3150
SILVER	0	154000
SILVERM	142014	158000
SOLARINDS	13766	14000
SONACOMS	407.1	460
SRF	2806.9	3100
SUNPHARMA	1586.7	1660
SUPREMEIND	4234.2	4250
SUZLON	55.28	55
SYNGENE	609.45	630
TATACONSUM	1119	1140
TATAELXSI	5303	5400
TATAMOTORS	672.9	390
TATAPOWER	383.8	400
TATASTEEL	167.4	172.5
TATATECH	667.3	700
TCS	2899.1	3000
TECHM	1407.7	1440
TIINDIA	3129.1	3150
TITAGARH	879.25	900
TITAN	3327.3	3550
TORNTPHARM	3561	3550
TORNTPOWER	1233.3	1300
TRENT	4679	4800
TVSMOTOR	3414.4	3550
ULTRACEMCO	12070	12300
UNIONBANK	134.08	140
UNITDSPR	1297.4	1350
UNOMINDA	1268.9	1240
UPL	648	680
VBL	444.75	455
VEDL	447.95	475
VOLTAS	1340.2	1400
WIPRO	235.75	242.5
YESBANK	20.97	23
ZYDUSLIFE	975	1000

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.

Related Pages for TATASTEEL

TATASTEEL

360ONE

ABB

ABCAPITAL

ADANIENSOL

ADANIENT

ADANIGREEN

ADANIPORTS

ALKEM

AMBER

AMBUJACEM

ANGELONE

APLAPOLLO

APOLLOHOSP

ASHOKLEY

ASIANPAINT

ASTRAL

AUBANK

AUROPHARMA

AXISBANK

BAJAJ-AUTO

BAJAJFINSV

BAJFINANCE

BANDHANBNK

BANKBARODA

BANKEX

BANKINDIA

BANKNIFTY

BDL

BEL

BHARATFORG

BHARTIARTL

BHEL

BIOCON

BLUESTARCO

BOSCHLTD

BPCL

BRITANNIA

BSE

CAMS

CANBK

CDSL

CGPOWER

CHOLAFIN

CIPLA

COALINDIA

COFORGE

COLPAL

CONCOR

COPPER

CROMPTON

CRUDEOIL

CRUDEOILM

CUMMINSIND

CYIENT

DABUR

DALBHARAT

DELHIVERY

DIVISLAB

DIXON

DLF

DMART

DRREDDY

EICHERMOT

ETERNAL

EURINR

EURUSD

EXIDEIND

FEDERALBNK

FINNIFTY

FORTIS

GAIL

GBPINR

GBPUSD

GLENMARK

GMRAIRPORT

GODREJCP

GODREJPROP

GOLD