RELIANCE
Reliance Industries Ltd
Max pain for RELIANCE
02 Apr 2025 04:21 PM IST
Max Pain for RELIANCE is 1280
Strike 960 has a total call value of 0 versus a total put value of 897,550,000,000 Combined total value = 897,550,000,000
Strike 970 has a total call value of 0 versus a total put value of 868,519,000,000 Combined total value = 868,519,000,000
Strike 980 has a total call value of 0 versus a total put value of 839,488,000,000 Combined total value = 839,488,000,000
Strike 990 has a total call value of 0 versus a total put value of 810,575,500,000 Combined total value = 810,575,500,000
Strike 1000 has a total call value of 0 versus a total put value of 781,663,000,000 Combined total value = 781,663,000,000
Strike 1010 has a total call value of 354,500,000 versus a total put value of 753,046,000,000 Combined total value = 753,400,500,000
Strike 1020 has a total call value of 709,000,000 versus a total put value of 724,429,000,000 Combined total value = 725,138,000,000
Strike 1030 has a total call value of 1,063,500,000 versus a total put value of 695,825,500,000 Combined total value = 696,889,000,000
Strike 1040 has a total call value of 1,418,000,000 versus a total put value of 667,222,000,000 Combined total value = 668,640,000,000
Strike 1050 has a total call value of 1,772,500,000 versus a total put value of 638,642,500,000 Combined total value = 640,415,000,000
Strike 1060 has a total call value of 2,127,000,000 versus a total put value of 610,146,000,000 Combined total value = 612,273,000,000
Strike 1070 has a total call value of 2,481,500,000 versus a total put value of 581,810,000,000 Combined total value = 584,291,500,000
Strike 1080 has a total call value of 2,836,000,000 versus a total put value of 553,474,000,000 Combined total value = 556,310,000,000
Strike 1090 has a total call value of 3,190,500,000 versus a total put value of 525,339,500,000 Combined total value = 528,530,000,000
Strike 1100 has a total call value of 3,545,000,000 versus a total put value of 497,205,000,000 Combined total value = 500,750,000,000
Strike 1110 has a total call value of 4,210,000,000 versus a total put value of 469,987,000,000 Combined total value = 474,197,000,000
Strike 1120 has a total call value of 4,875,000,000 versus a total put value of 442,899,500,000 Combined total value = 447,774,500,000
Strike 1130 has a total call value of 5,540,000,000 versus a total put value of 416,029,000,000 Combined total value = 421,569,000,000
Strike 1140 has a total call value of 6,205,000,000 versus a total put value of 389,373,500,000 Combined total value = 395,578,500,000
Strike 1150 has a total call value of 6,870,000,000 versus a total put value of 363,024,000,000 Combined total value = 369,894,000,000
Strike 1160 has a total call value of 7,727,000,000 versus a total put value of 337,594,500,000 Combined total value = 345,321,500,000
Strike 1170 has a total call value of 8,663,500,000 versus a total put value of 312,672,500,000 Combined total value = 321,336,000,000
Strike 1180 has a total call value of 9,657,000,000 versus a total put value of 288,135,000,000 Combined total value = 297,792,000,000
Strike 1190 has a total call value of 10,796,500,000 versus a total put value of 264,392,500,000 Combined total value = 275,189,000,000
Strike 1200 has a total call value of 12,272,000,000 versus a total put value of 241,294,000,000 Combined total value = 253,566,000,000
Strike 1210 has a total call value of 14,994,000,000 versus a total put value of 220,753,500,000 Combined total value = 235,747,500,000
Strike 1220 has a total call value of 17,843,000,000 versus a total put value of 200,747,000,000 Combined total value = 218,590,000,000
Strike 1230 has a total call value of 20,974,500,000 versus a total put value of 181,764,500,000 Combined total value = 202,739,000,000
Strike 1240 has a total call value of 24,323,500,000 versus a total put value of 163,599,500,000 Combined total value = 187,923,000,000
Strike 1250 has a total call value of 28,112,000,000 versus a total put value of 146,443,000,000 Combined total value = 174,555,000,000
Strike 1260 has a total call value of 33,418,000,000 versus a total put value of 130,938,000,000 Combined total value = 164,356,000,000
Strike 1270 has a total call value of 40,253,500,000 versus a total put value of 116,946,500,000 Combined total value = 157,200,000,000
Strike 1280 has a total call value of 49,127,000,000 versus a total put value of 104,100,500,000 Combined total value = 153,227,500,000
Strike 1290 has a total call value of 63,208,000,000 versus a total put value of 92,627,000,000 Combined total value = 155,835,000,000
Strike 1300 has a total call value of 80,392,000,000 versus a total put value of 82,145,000,000 Combined total value = 162,537,000,000
Strike 1310 has a total call value of 108,377,000,000 versus a total put value of 74,474,500,000 Combined total value = 182,851,500,000
Strike 1320 has a total call value of 137,425,500,000 versus a total put value of 67,190,000,000 Combined total value = 204,615,500,000
Strike 1330 has a total call value of 168,132,500,000 versus a total put value of 60,429,000,000 Combined total value = 228,561,500,000
Strike 1340 has a total call value of 199,954,000,000 versus a total put value of 53,973,500,000 Combined total value = 253,927,500,000
Strike 1350 has a total call value of 232,816,500,000 versus a total put value of 47,766,500,000 Combined total value = 280,583,000,000
Strike 1360 has a total call value of 271,782,500,000 versus a total put value of 42,977,000,000 Combined total value = 314,759,500,000
Strike 1370 has a total call value of 311,627,000,000 versus a total put value of 38,187,500,000 Combined total value = 349,814,500,000
Strike 1380 has a total call value of 351,943,000,000 versus a total put value of 33,398,000,000 Combined total value = 385,341,000,000
Strike 1390 has a total call value of 393,372,500,000 versus a total put value of 28,650,500,000 Combined total value = 422,023,000,000
Strike 1400 has a total call value of 435,320,000,000 versus a total put value of 23,903,000,000 Combined total value = 459,223,000,000
Strike 1410 has a total call value of 481,123,000,000 versus a total put value of 21,234,500,000 Combined total value = 502,357,500,000
Strike 1420 has a total call value of 527,154,000,000 versus a total put value of 18,566,000,000 Combined total value = 545,720,000,000
Strike 1430 has a total call value of 573,730,000,000 versus a total put value of 15,897,500,000 Combined total value = 589,627,500,000
Strike 1440 has a total call value of 620,306,000,000 versus a total put value of 13,229,000,000 Combined total value = 633,535,000,000
Strike 1450 has a total call value of 667,680,500,000 versus a total put value of 10,644,500,000 Combined total value = 678,325,000,000
Strike 1460 has a total call value of 715,055,000,000 versus a total put value of 8,060,000,000 Combined total value = 723,115,000,000
Strike 1470 has a total call value of 762,802,000,000 versus a total put value of 5,475,500,000 Combined total value = 768,277,500,000
Strike 1480 has a total call value of 810,549,000,000 versus a total put value of 2,891,000,000 Combined total value = 813,440,000,000
Strike 1490 has a total call value of 859,471,500,000 versus a total put value of 1,445,500,000 Combined total value = 860,917,000,000
Strike 1500 has a total call value of 908,394,000,000 versus a total put value of 0 Combined total value = 908,394,000,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 1251.15 | 400 |
ABB | 1251.15 | 5500 |
ABCAPITAL | 1251.15 | 190 |
ABFRL | 1251.15 | 265 |
ACC | 1251.15 | 2000 |
ADANIENSOL | 1251.15 | 860 |
ADANIENT | 1251.15 | 2500 |
ADANIGREEN | 1251.15 | 940 |
ADANIPORTS | 1251.15 | 1200 |
ALKEM | 1251.15 | 4900 |
AMBUJACEM | 1251.15 | 550 |
ANGELONE | 1251.15 | 2300 |
APLAPOLLO | 1251.15 | 1500 |
APOLLOHOSP | 1251.15 | 6650 |
APOLLOTYRE | 1251.15 | 430 |
ASHOKLEY | 1251.15 | 210 |
ASIANPAINT | 1251.15 | 2340 |
ASTRAL | 1251.15 | 1300 |
ATGL | 1251.15 | 600 |
AUBANK | 1251.15 | 550 |
AUROPHARMA | 1251.15 | 1160 |
AXISBANK | 1251.15 | 1100 |
BAJAJ-AUTO | 1251.15 | 8000 |
BAJAJFINSV | 1251.15 | 1940 |
BAJFINANCE | 1251.15 | 8700 |
BALKRISIND | 1251.15 | 2560 |
BANDHANBNK | 1251.15 | 150 |
BANKBARODA | 1251.15 | 230 |
BANKINDIA | 1251.15 | 110 |
BEL | 1251.15 | 290 |
BERGEPAINT | 1251.15 | 500 |
BHARATFORG | 1251.15 | 1160 |
BHARTIARTL | 1251.15 | 1740 |
BHEL | 1251.15 | 220 |
BIOCON | 1251.15 | 345 |
BOSCHLTD | 1251.15 | 28000 |
BPCL | 1251.15 | 280 |
BRITANNIA | 1251.15 | 4900 |
BSE | 1251.15 | 5200 |
BSOFT | 1251.15 | 400 |
CAMS | 1251.15 | 3700 |
CANBK | 1251.15 | 90 |
CDSL | 1251.15 | 1200 |
CESC | 1251.15 | 155 |
CGPOWER | 1251.15 | 640 |
CHAMBLFERT | 1251.15 | 620 |
CHOLAFIN | 1251.15 | 1500 |
CIPLA | 1251.15 | 1480 |
COALINDIA | 1251.15 | 405 |
COFORGE | 1251.15 | 7900 |
COLPAL | 1251.15 | 2400 |
CONCOR | 1251.15 | 710 |
CROMPTON | 1251.15 | 350 |
CUMMINSIND | 1251.15 | 3050 |
CYIENT | 1251.15 | 1280 |
DABUR | 1251.15 | 500 |
DALBHARAT | 1251.15 | 1800 |
DEEPAKNTR | 1251.15 | 2000 |
DELHIVERY | 1251.15 | 260 |
DIVISLAB | 1251.15 | 5650 |
DIXON | 1251.15 | 13500 |
DLF | 1251.15 | 690 |
DMART | 1251.15 | 4050 |
DRREDDY | 1251.15 | 1150 |
EICHERMOT | 1251.15 | 5350 |
ESCORTS | 1251.15 | 3250 |
EXIDEIND | 1251.15 | 370 |
FEDERALBNK | 1251.15 | 195 |
GAIL | 1251.15 | 182.5 |
GLENMARK | 1251.15 | 1500 |
GMRAIRPORT | 1251.15 | 78 |
GODREJCP | 1251.15 | 1140 |
GODREJPROP | 1251.15 | 2100 |
GOLDM | 1251.15 | 89500 |
GRANULES | 1251.15 | 500 |
GRASIM | 1251.15 | 2580 |
HAL | 1251.15 | 4200 |
HAVELLS | 1251.15 | 1500 |
HCLTECH | 1251.15 | 1580 |
HDFCAMC | 1251.15 | 4000 |
HDFCBANK | 1251.15 | 1800 |
HDFCLIFE | 1251.15 | 690 |
HEROMOTOCO | 1251.15 | 3750 |
HFCL | 1251.15 | 81 |
HINDALCO | 1251.15 | 680 |
HINDCOPPER | 1251.15 | 230 |
HINDPETRO | 1251.15 | 360 |
HINDUNILVR | 1251.15 | 2260 |
HINDZINC | 1251.15 | 460 |
HUDCO | 1251.15 | 200 |
ICICIBANK | 1251.15 | 1340 |
ICICIGI | 1251.15 | 1800 |
ICICIPRULI | 1251.15 | 575 |
IDEA | 1251.15 | 8 |
IDFCFIRSTB | 1251.15 | 58 |
IEX | 1251.15 | 180 |
IGL | 1251.15 | 200 |
IIFL | 1251.15 | 330 |
INDHOTEL | 1251.15 | 820 |
INDIANB | 1251.15 | 550 |
INDIGO | 1251.15 | 5000 |
INDUSINDBK | 1251.15 | 700 |
INDUSTOWER | 1251.15 | 350 |
INFY | 1251.15 | 1580 |
INOXWIND | 1251.15 | 165 |
IOC | 1251.15 | 132 |
IRB | 1251.15 | 46 |
IRCTC | 1251.15 | 730 |
IREDA | 1251.15 | 155 |
IRFC | 1251.15 | 125 |
ITC | 1251.15 | 410 |
JINDALSTEL | 1251.15 | 920 |
JIOFIN | 1251.15 | 230 |
JSL | 1251.15 | 600 |
JSWENERGY | 1251.15 | 540 |
JSWSTEEL | 1251.15 | 1050 |
JUBLFOOD | 1251.15 | 670 |
KALYANKJIL | 1251.15 | 500 |
KEI | 1251.15 | 2900 |
KOTAKBANK | 1251.15 | 2120 |
KPITTECH | 1251.15 | 1300 |
LAURUSLABS | 1251.15 | 600 |
LICHSGFIN | 1251.15 | 570 |
LICI | 1251.15 | 800 |
LODHA | 1251.15 | 1200 |
LT | 1251.15 | 3500 |
LTF | 1251.15 | 150 |
LTIM | 1251.15 | 4550 |
LUPIN | 1251.15 | 2000 |
M&M | 1251.15 | 2700 |
M&MFIN | 1251.15 | 275 |
MANAPPURAM | 1251.15 | 230 |
MARICO | 1251.15 | 650 |
MARUTI | 1251.15 | 11700 |
MAXHEALTH | 1251.15 | 1120 |
MCX | 1251.15 | 5400 |
MFSL | 1251.15 | 1140 |
MGL | 1251.15 | 1400 |
MOTHERSON | 1251.15 | 132.5 |
MPHASIS | 1251.15 | 2500 |
MRF | 1251.15 | 114000 |
MUTHOOTFIN | 1251.15 | 2260 |
NATIONALUM | 1251.15 | 185 |
NAUKRI | 1251.15 | 7000 |
NBCC | 1251.15 | 82.5 |
NCC | 1251.15 | 210 |
NESTLEIND | 1251.15 | 2220 |
NHPC | 1251.15 | 84 |
NMDC | 1251.15 | 69.7 |
NTPC | 1251.15 | 360 |
NYKAA | 1251.15 | 175 |
OBEROIRLTY | 1251.15 | 1600 |
OFSS | 1251.15 | 7900 |
OIL | 1251.15 | 390 |
ONGC | 1251.15 | 250 |
PAGEIND | 1251.15 | 42500 |
PATANJALI | 1251.15 | 1800 |
PAYTM | 1251.15 | 800 |
PEL | 1251.15 | 1000 |
PERSISTENT | 1251.15 | 5400 |
PETRONET | 1251.15 | 300 |
PFC | 1251.15 | 420 |
PHOENIXLTD | 1251.15 | 1600 |
PIDILITIND | 1251.15 | 2840 |
PIIND | 1251.15 | 3500 |
PNB | 1251.15 | 97 |
PNBHOUSING | 1251.15 | 900 |
POLICYBZR | 1251.15 | 1600 |
POLYCAB | 1251.15 | 5100 |
POONAWALLA | 1251.15 | 340 |
POWERGRID | 1251.15 | 290 |
PRESTIGE | 1251.15 | 1200 |
RAMCOCEM | 1251.15 | 900 |
RBLBANK | 1251.15 | 175 |
RECLTD | 1251.15 | 440 |
RELIANCE | 1251.15 | 1280 |
SAIL | 1251.15 | 120 |
SBICARD | 1251.15 | 865 |
SBILIFE | 1251.15 | 1560 |
SBIN | 1251.15 | 780 |
SHREECEM | 1251.15 | 30500 |
SHRIRAMFIN | 1251.15 | 650 |
SIEMENS | 1251.15 | 5300 |
SILVER | 1251.15 | 98000 |
SJVN | 1251.15 | 92.5 |
SOLARINDS | 1251.15 | 11100 |
SONACOMS | 1251.15 | 460 |
SRF | 1251.15 | 2940 |
SUNPHARMA | 1251.15 | 1720 |
SUPREMEIND | 1251.15 | 3500 |
SYNGENE | 1251.15 | 720 |
TATACHEM | 1251.15 | 860 |
TATACOMM | 1251.15 | 1600 |
TATACONSUM | 1251.15 | 1040 |
TATAELXSI | 1251.15 | 5200 |
TATAMOTORS | 1251.15 | 690 |
TATAPOWER | 1251.15 | 390 |
TATASTEEL | 1251.15 | 155 |
TATATECH | 1251.15 | 680 |
TCS | 1251.15 | 3600 |
TECHM | 1251.15 | 1420 |
TIINDIA | 1251.15 | 2750 |
TITAGARH | 1251.15 | 800 |
TITAN | 1251.15 | 3100 |
TORNTPHARM | 1251.15 | 3200 |
TORNTPOWER | 1251.15 | 1500 |
TRENT | 1251.15 | 5500 |
TVSMOTOR | 1251.15 | 2460 |
ULTRACEMCO | 1251.15 | 11300 |
UNIONBANK | 1251.15 | 125 |
UNITDSPR | 1251.15 | 1400 |
UPL | 1251.15 | 650 |
VBL | 1251.15 | 530 |
VEDL | 1251.15 | 470 |
VOLTAS | 1251.15 | 1380 |
WIPRO | 1251.15 | 267.5 |
YESBANK | 1251.15 | 17 |
ZOMATO | 1251.15 | 210 |
ZYDUSLIFE | 1251.15 | 900 |
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.