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RELIANCE
RELIANCE INDUSTRIES LTD

2971.7 -14.00 (-0.47%)


Strike  2200  has a total call value of 0  versus a total put value of  257,172,000,000 Combined total value = 257,172,000,000

Strike  2220  has a total call value of 75,500,000  versus a total put value of  249,566,500,000 Combined total value = 249,642,000,000

Strike  2240  has a total call value of 151,000,000  versus a total put value of  241,961,000,000 Combined total value = 242,112,000,000

Strike  2260  has a total call value of 226,500,000  versus a total put value of  234,355,500,000 Combined total value = 234,582,000,000

Strike  2280  has a total call value of 302,000,000  versus a total put value of  226,750,000,000 Combined total value = 227,052,000,000

Strike  2300  has a total call value of 377,500,000  versus a total put value of  219,144,500,000 Combined total value = 219,522,000,000

Strike  2320  has a total call value of 457,000,000  versus a total put value of  211,547,500,000 Combined total value = 212,004,500,000

Strike  2340  has a total call value of 536,500,000  versus a total put value of  203,955,000,000 Combined total value = 204,491,500,000

Strike  2360  has a total call value of 616,000,000  versus a total put value of  196,362,500,000 Combined total value = 196,978,500,000

Strike  2380  has a total call value of 695,500,000  versus a total put value of  188,770,000,000 Combined total value = 189,465,500,000

Strike  2400  has a total call value of 775,000,000  versus a total put value of  181,177,500,000 Combined total value = 181,952,500,000

Strike  2420  has a total call value of 865,500,000  versus a total put value of  173,637,000,000 Combined total value = 174,502,500,000

Strike  2440  has a total call value of 956,000,000  versus a total put value of  166,096,500,000 Combined total value = 167,052,500,000

Strike  2460  has a total call value of 1,046,500,000  versus a total put value of  158,567,500,000 Combined total value = 159,614,000,000

Strike  2480  has a total call value of 1,137,000,000  versus a total put value of  151,038,500,000 Combined total value = 152,175,500,000

Strike  2500  has a total call value of 1,227,500,000  versus a total put value of  143,509,500,000 Combined total value = 144,737,000,000

Strike  2520  has a total call value of 1,427,000,000  versus a total put value of  136,183,500,000 Combined total value = 137,610,500,000

Strike  2540  has a total call value of 1,626,500,000  versus a total put value of  128,857,500,000 Combined total value = 130,484,000,000

Strike  2560  has a total call value of 1,826,000,000  versus a total put value of  121,537,500,000 Combined total value = 123,363,500,000

Strike  2580  has a total call value of 2,025,500,000  versus a total put value of  114,217,500,000 Combined total value = 116,243,000,000

Strike  2600  has a total call value of 2,246,500,000  versus a total put value of  106,897,500,000 Combined total value = 109,144,000,000

Strike  2620  has a total call value of 2,500,500,000  versus a total put value of  99,835,500,000 Combined total value = 102,336,000,000

Strike  2640  has a total call value of 2,754,500,000  versus a total put value of  92,953,500,000 Combined total value = 95,708,000,000

Strike  2660  has a total call value of 3,008,500,000  versus a total put value of  86,071,500,000 Combined total value = 89,080,000,000

Strike  2680  has a total call value of 3,262,500,000  versus a total put value of  79,211,000,000 Combined total value = 82,473,500,000

Strike  2700  has a total call value of 3,516,500,000  versus a total put value of  72,382,000,000 Combined total value = 75,898,500,000

Strike  2720  has a total call value of 3,848,500,000  versus a total put value of  65,934,500,000 Combined total value = 69,783,000,000

Strike  2740  has a total call value of 4,180,500,000  versus a total put value of  59,542,000,000 Combined total value = 63,722,500,000

Strike  2760  has a total call value of 4,512,500,000  versus a total put value of  53,272,500,000 Combined total value = 57,785,000,000

Strike  2780  has a total call value of 4,945,500,000  versus a total put value of  47,137,500,000 Combined total value = 52,083,000,000

Strike  2800  has a total call value of 5,460,000,000  versus a total put value of  41,092,000,000 Combined total value = 46,552,000,000

Strike  2820  has a total call value of 6,182,500,000  versus a total put value of  35,641,500,000 Combined total value = 41,824,000,000

Strike  2840  has a total call value of 7,061,500,000  versus a total put value of  30,377,000,000 Combined total value = 37,438,500,000

Strike  2860  has a total call value of 8,098,000,000  versus a total put value of  25,545,000,000 Combined total value = 33,643,000,000

Strike  2880  has a total call value of 9,244,500,000  versus a total put value of  21,405,000,000 Combined total value = 30,649,500,000

Strike  2900  has a total call value of 10,609,000,000  versus a total put value of  17,583,000,000 Combined total value = 28,192,000,000

Strike  2920  has a total call value of 12,229,500,000  versus a total put value of  14,297,000,000 Combined total value = 26,526,500,000

Strike  2940  has a total call value of 14,030,000,000  versus a total put value of  11,225,000,000 Combined total value = 25,255,000,000

Strike  2960  has a total call value of 16,058,000,000  versus a total put value of  8,459,000,000 Combined total value = 24,517,000,000

Strike  2980  has a total call value of 19,873,000,000  versus a total put value of  6,534,000,000 Combined total value = 26,407,000,000

Strike  3000  has a total call value of 24,265,500,000  versus a total put value of  5,372,500,000 Combined total value = 29,638,000,000

Strike  3020  has a total call value of 30,618,500,000  versus a total put value of  4,620,500,000 Combined total value = 35,239,000,000

Strike  3040  has a total call value of 37,441,500,000  versus a total put value of  3,928,000,000 Combined total value = 41,369,500,000

Strike  3060  has a total call value of 45,332,500,000  versus a total put value of  3,263,000,000 Combined total value = 48,595,500,000

Strike  3080  has a total call value of 54,467,000,000  versus a total put value of  2,651,500,000 Combined total value = 57,118,500,000

Strike  3100  has a total call value of 64,317,000,000  versus a total put value of  2,094,500,000 Combined total value = 66,411,500,000

Strike  3120  has a total call value of 75,828,500,000  versus a total put value of  1,659,000,000 Combined total value = 77,487,500,000

Strike  3140  has a total call value of 87,725,500,000  versus a total put value of  1,269,500,000 Combined total value = 88,995,000,000

Strike  3160  has a total call value of 100,013,000,000  versus a total put value of  937,000,000 Combined total value = 100,950,000,000

Strike  3180  has a total call value of 112,378,500,000  versus a total put value of  668,500,000 Combined total value = 113,047,000,000

Strike  3200  has a total call value of 124,944,500,000  versus a total put value of  437,000,000 Combined total value = 125,381,500,000

Strike  3220  has a total call value of 138,269,500,000  versus a total put value of  377,000,000 Combined total value = 138,646,500,000

Strike  3240  has a total call value of 151,638,500,000  versus a total put value of  334,000,000 Combined total value = 151,972,500,000

Strike  3260  has a total call value of 165,164,500,000  versus a total put value of  291,000,000 Combined total value = 165,455,500,000

Strike  3280  has a total call value of 178,706,500,000  versus a total put value of  248,000,000 Combined total value = 178,954,500,000

Strike  3300  has a total call value of 192,369,000,000  versus a total put value of  206,000,000 Combined total value = 192,575,000,000

Strike  3320  has a total call value of 206,031,500,000  versus a total put value of  164,000,000 Combined total value = 206,195,500,000

Strike  3340  has a total call value of 219,821,000,000  versus a total put value of  123,000,000 Combined total value = 219,944,000,000

Strike  3360  has a total call value of 233,610,500,000  versus a total put value of  82,000,000 Combined total value = 233,692,500,000

Strike  3380  has a total call value of 247,634,000,000  versus a total put value of  41,000,000 Combined total value = 247,675,000,000

Strike  3400  has a total call value of 261,657,500,000  versus a total put value of  0 Combined total value = 261,657,500,000

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.