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RELIANCE
RELIANCE INDUSTRIES LTD

2845 -33.95 (-1.18%)


Strike  2200  has a total call value of 0  versus a total put value of  528,031,500,000 Combined total value = 528,031,500,000

Strike  2220  has a total call value of 0  versus a total put value of  511,618,500,000 Combined total value = 511,618,500,000

Strike  2240  has a total call value of 0  versus a total put value of  495,205,500,000 Combined total value = 495,205,500,000

Strike  2260  has a total call value of 0  versus a total put value of  478,792,500,000 Combined total value = 478,792,500,000

Strike  2280  has a total call value of 0  versus a total put value of  462,379,500,000 Combined total value = 462,379,500,000

Strike  2300  has a total call value of 0  versus a total put value of  445,966,500,000 Combined total value = 445,966,500,000

Strike  2320  has a total call value of 17,500,000  versus a total put value of  429,567,500,000 Combined total value = 429,585,000,000

Strike  2340  has a total call value of 35,000,000  versus a total put value of  413,172,000,000 Combined total value = 413,207,000,000

Strike  2360  has a total call value of 52,500,000  versus a total put value of  396,776,500,000 Combined total value = 396,829,000,000

Strike  2380  has a total call value of 70,000,000  versus a total put value of  380,381,000,000 Combined total value = 380,451,000,000

Strike  2400  has a total call value of 87,500,000  versus a total put value of  363,985,500,000 Combined total value = 364,073,000,000

Strike  2420  has a total call value of 105,000,000  versus a total put value of  347,590,000,000 Combined total value = 347,695,000,000

Strike  2440  has a total call value of 122,500,000  versus a total put value of  331,194,500,000 Combined total value = 331,317,000,000

Strike  2460  has a total call value of 140,000,000  versus a total put value of  314,806,000,000 Combined total value = 314,946,000,000

Strike  2480  has a total call value of 157,500,000  versus a total put value of  298,417,500,000 Combined total value = 298,575,000,000

Strike  2500  has a total call value of 175,000,000  versus a total put value of  282,029,000,000 Combined total value = 282,204,000,000

Strike  2520  has a total call value of 283,500,000  versus a total put value of  266,047,500,000 Combined total value = 266,331,000,000

Strike  2540  has a total call value of 392,000,000  versus a total put value of  250,066,000,000 Combined total value = 250,458,000,000

Strike  2560  has a total call value of 502,000,000  versus a total put value of  234,084,500,000 Combined total value = 234,586,500,000

Strike  2580  has a total call value of 612,000,000  versus a total put value of  218,103,000,000 Combined total value = 218,715,000,000

Strike  2600  has a total call value of 722,000,000  versus a total put value of  202,121,500,000 Combined total value = 202,843,500,000

Strike  2620  has a total call value of 869,500,000  versus a total put value of  186,722,500,000 Combined total value = 187,592,000,000

Strike  2640  has a total call value of 1,017,000,000  versus a total put value of  171,441,000,000 Combined total value = 172,458,000,000

Strike  2660  has a total call value of 1,164,500,000  versus a total put value of  156,256,000,000 Combined total value = 157,420,500,000

Strike  2680  has a total call value of 1,315,000,000  versus a total put value of  141,261,000,000 Combined total value = 142,576,000,000

Strike  2700  has a total call value of 1,476,000,000  versus a total put value of  126,344,000,000 Combined total value = 127,820,000,000

Strike  2720  has a total call value of 1,846,500,000  versus a total put value of  112,679,000,000 Combined total value = 114,525,500,000

Strike  2740  has a total call value of 2,281,500,000  versus a total put value of  99,280,000,000 Combined total value = 101,561,500,000

Strike  2760  has a total call value of 2,788,000,000  versus a total put value of  86,309,500,000 Combined total value = 89,097,500,000

Strike  2780  has a total call value of 3,344,000,000  versus a total put value of  73,930,000,000 Combined total value = 77,274,000,000

Strike  2800  has a total call value of 3,938,000,000  versus a total put value of  61,966,000,000 Combined total value = 65,904,000,000

Strike  2820  has a total call value of 5,176,500,000  versus a total put value of  51,824,500,000 Combined total value = 57,001,000,000

Strike  2840  has a total call value of 6,616,500,000  versus a total put value of  42,161,000,000 Combined total value = 48,777,500,000

Strike  2860  has a total call value of 8,711,000,000  versus a total put value of  33,758,500,000 Combined total value = 42,469,500,000

Strike  2880  has a total call value of 12,137,000,000  versus a total put value of  26,669,000,000 Combined total value = 38,806,000,000

Strike  2900  has a total call value of 16,571,500,000  versus a total put value of  20,570,500,000 Combined total value = 37,142,000,000

Strike  2920  has a total call value of 24,537,000,000  versus a total put value of  16,034,000,000 Combined total value = 40,571,000,000

Strike  2940  has a total call value of 33,897,500,000  versus a total put value of  11,952,500,000 Combined total value = 45,850,000,000

Strike  2960  has a total call value of 45,457,000,000  versus a total put value of  8,295,000,000 Combined total value = 53,752,000,000

Strike  2980  has a total call value of 60,087,500,000  versus a total put value of  5,300,500,000 Combined total value = 65,388,000,000

Strike  3000  has a total call value of 77,264,000,000  versus a total put value of  3,066,500,000 Combined total value = 80,330,500,000

Strike  3020  has a total call value of 105,738,500,000  versus a total put value of  2,131,500,000 Combined total value = 107,870,000,000

Strike  3040  has a total call value of 136,267,000,000  versus a total put value of  1,432,000,000 Combined total value = 137,699,000,000

Strike  3060  has a total call value of 168,788,500,000  versus a total put value of  934,000,000 Combined total value = 169,722,500,000

Strike  3080  has a total call value of 202,843,000,000  versus a total put value of  512,000,000 Combined total value = 203,355,000,000

Strike  3100  has a total call value of 237,786,000,000  versus a total put value of  90,000,000 Combined total value = 237,876,000,000

Strike  3120  has a total call value of 277,096,500,000  versus a total put value of  84,000,000 Combined total value = 277,180,500,000

Strike  3140  has a total call value of 316,988,000,000  versus a total put value of  78,000,000 Combined total value = 317,066,000,000

Strike  3160  has a total call value of 357,598,000,000  versus a total put value of  72,000,000 Combined total value = 357,670,000,000

Strike  3180  has a total call value of 398,540,000,000  versus a total put value of  66,000,000 Combined total value = 398,606,000,000

Strike  3200  has a total call value of 439,776,000,000  versus a total put value of  60,000,000 Combined total value = 439,836,000,000

Strike  3220  has a total call value of 483,661,000,000  versus a total put value of  54,000,000 Combined total value = 483,715,000,000

Strike  3240  has a total call value of 527,675,000,000  versus a total put value of  48,000,000 Combined total value = 527,723,000,000

Strike  3260  has a total call value of 572,004,000,000  versus a total put value of  42,000,000 Combined total value = 572,046,000,000

Strike  3280  has a total call value of 616,402,000,000  versus a total put value of  36,000,000 Combined total value = 616,438,000,000

Strike  3300  has a total call value of 661,195,500,000  versus a total put value of  30,000,000 Combined total value = 661,225,500,000

Strike  3320  has a total call value of 705,989,000,000  versus a total put value of  24,000,000 Combined total value = 706,013,000,000

Strike  3340  has a total call value of 751,093,000,000  versus a total put value of  18,000,000 Combined total value = 751,111,000,000

Strike  3360  has a total call value of 796,197,000,000  versus a total put value of  12,000,000 Combined total value = 796,209,000,000

Strike  3380  has a total call value of 841,717,500,000  versus a total put value of  6,000,000 Combined total value = 841,723,500,000

Strike  3400  has a total call value of 887,238,000,000  versus a total put value of  0 Combined total value = 887,238,000,000

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.