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RELIANCE
RELIANCE INDUSTRIES LTD

2955.1 24.60 (0.84%)

Max pain for RELIANCE

14 Jun 2024 04:07 PM IST

Max Pain for RELIANCE is 2900  



Strike  2360  has a total call value of 0  versus a total put value of  489,092,000,000 Combined total value = 489,092,000,000

Strike  2380  has a total call value of 500,000  versus a total put value of  467,560,500,000 Combined total value = 467,561,000,000

Strike  2400  has a total call value of 1,000,000  versus a total put value of  446,029,000,000 Combined total value = 446,030,000,000

Strike  2420  has a total call value of 1,500,000  versus a total put value of  424,941,500,000 Combined total value = 424,943,000,000

Strike  2440  has a total call value of 2,000,000  versus a total put value of  403,854,000,000 Combined total value = 403,856,000,000

Strike  2460  has a total call value of 2,500,000  versus a total put value of  382,919,500,000 Combined total value = 382,922,000,000

Strike  2480  has a total call value of 3,000,000  versus a total put value of  361,985,000,000 Combined total value = 361,988,000,000

Strike  2500  has a total call value of 3,500,000  versus a total put value of  341,111,500,000 Combined total value = 341,115,000,000

Strike  2520  has a total call value of 4,000,000  versus a total put value of  320,440,500,000 Combined total value = 320,444,500,000

Strike  2540  has a total call value of 4,500,000  versus a total put value of  300,003,500,000 Combined total value = 300,008,000,000

Strike  2560  has a total call value of 5,000,000  versus a total put value of  279,615,000,000 Combined total value = 279,620,000,000

Strike  2580  has a total call value of 5,500,000  versus a total put value of  259,393,000,000 Combined total value = 259,398,500,000

Strike  2600  has a total call value of 6,000,000  versus a total put value of  239,254,500,000 Combined total value = 239,260,500,000

Strike  2620  has a total call value of 114,000,000  versus a total put value of  220,283,500,000 Combined total value = 220,397,500,000

Strike  2640  has a total call value of 222,000,000  versus a total put value of  201,450,500,000 Combined total value = 201,672,500,000

Strike  2660  has a total call value of 330,000,000  versus a total put value of  182,837,500,000 Combined total value = 183,167,500,000

Strike  2680  has a total call value of 439,000,000  versus a total put value of  164,405,500,000 Combined total value = 164,844,500,000

Strike  2700  has a total call value of 586,500,000  versus a total put value of  146,379,500,000 Combined total value = 146,966,000,000

Strike  2720  has a total call value of 890,500,000  versus a total put value of  130,813,000,000 Combined total value = 131,703,500,000

Strike  2740  has a total call value of 1,194,500,000  versus a total put value of  115,397,000,000 Combined total value = 116,591,500,000

Strike  2760  has a total call value of 1,530,500,000  versus a total put value of  100,449,000,000 Combined total value = 101,979,500,000

Strike  2780  has a total call value of 1,921,000,000  versus a total put value of  86,110,500,000 Combined total value = 88,031,500,000

Strike  2800  has a total call value of 2,488,500,000  versus a total put value of  72,602,500,000 Combined total value = 75,091,000,000

Strike  2820  has a total call value of 4,014,500,000  versus a total put value of  61,828,000,000 Combined total value = 65,842,500,000

Strike  2840  has a total call value of 5,735,000,000  versus a total put value of  51,706,000,000 Combined total value = 57,441,000,000

Strike  2860  has a total call value of 7,606,000,000  versus a total put value of  42,513,500,000 Combined total value = 50,119,500,000

Strike  2880  has a total call value of 9,838,500,000  versus a total put value of  34,305,000,000 Combined total value = 44,143,500,000

Strike  2900  has a total call value of 12,391,000,000  versus a total put value of  26,686,000,000 Combined total value = 39,077,000,000

Strike  2920  has a total call value of 18,001,500,000  versus a total put value of  21,667,000,000 Combined total value = 39,668,500,000

Strike  2940  has a total call value of 24,331,000,000  versus a total put value of  17,328,000,000 Combined total value = 41,659,000,000

Strike  2960  has a total call value of 33,539,000,000  versus a total put value of  13,832,500,000 Combined total value = 47,371,500,000

Strike  2980  has a total call value of 44,703,500,000  versus a total put value of  11,023,500,000 Combined total value = 55,727,000,000

Strike  3000  has a total call value of 57,043,500,000  versus a total put value of  8,443,500,000 Combined total value = 65,487,000,000

Strike  3020  has a total call value of 81,154,000,000  versus a total put value of  7,103,000,000 Combined total value = 88,257,000,000

Strike  3040  has a total call value of 106,721,000,000  versus a total put value of  5,921,000,000 Combined total value = 112,642,000,000

Strike  3060  has a total call value of 134,052,500,000  versus a total put value of  4,846,500,000 Combined total value = 138,899,000,000

Strike  3080  has a total call value of 163,187,500,000  versus a total put value of  3,841,500,000 Combined total value = 167,029,000,000

Strike  3100  has a total call value of 192,914,000,000  versus a total put value of  2,854,500,000 Combined total value = 195,768,500,000

Strike  3120  has a total call value of 228,485,000,000  versus a total put value of  2,409,000,000 Combined total value = 230,894,000,000

Strike  3140  has a total call value of 264,620,000,000  versus a total put value of  1,987,000,000 Combined total value = 266,607,000,000

Strike  3160  has a total call value of 301,240,000,000  versus a total put value of  1,565,000,000 Combined total value = 302,805,000,000

Strike  3180  has a total call value of 338,523,500,000  versus a total put value of  1,171,500,000 Combined total value = 339,695,000,000

Strike  3200  has a total call value of 376,402,000,000  versus a total put value of  778,000,000 Combined total value = 377,180,000,000

Strike  3220  has a total call value of 419,162,000,000  versus a total put value of  630,500,000 Combined total value = 419,792,500,000

Strike  3240  has a total call value of 462,373,500,000  versus a total put value of  483,000,000 Combined total value = 462,856,500,000

Strike  3260  has a total call value of 506,107,500,000  versus a total put value of  335,500,000 Combined total value = 506,443,000,000

Strike  3280  has a total call value of 549,962,000,000  versus a total put value of  188,000,000 Combined total value = 550,150,000,000

Strike  3300  has a total call value of 594,248,000,000  versus a total put value of  94,000,000 Combined total value = 594,342,000,000

Strike  3320  has a total call value of 639,318,000,000  versus a total put value of  0 Combined total value = 639,318,000,000

Strike  3340  has a total call value of 684,900,000,000  versus a total put value of  0 Combined total value = 684,900,000,000

Strike  3360  has a total call value of 730,537,500,000  versus a total put value of  0 Combined total value = 730,537,500,000

Strike  3380  has a total call value of 777,773,500,000  versus a total put value of  0 Combined total value = 777,773,500,000

Strike  3400  has a total call value of 825,089,500,000  versus a total put value of  0 Combined total value = 825,089,500,000

Strike  3420  has a total call value of 874,058,500,000  versus a total put value of  0 Combined total value = 874,058,500,000

Strike  3440  has a total call value of 923,185,000,000  versus a total put value of  0 Combined total value = 923,185,000,000

Strike  3460  has a total call value of 972,393,000,000  versus a total put value of  0 Combined total value = 972,393,000,000

Strike  3480  has a total call value of 1,021,601,000,000  versus a total put value of  0 Combined total value = 1,021,601,000,000

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.