RELIANCE
Reliance Industries Ltd
Max pain for RELIANCE
07 Apr 2025 12:52 PM IST
Max Pain for RELIANCE is 1250
Strike 960 has a total call value of 0 versus a total put value of 950,760,500,000 Combined total value = 950,760,500,000
Strike 970 has a total call value of 0 versus a total put value of 916,920,000,000 Combined total value = 916,920,000,000
Strike 980 has a total call value of 0 versus a total put value of 883,079,500,000 Combined total value = 883,079,500,000
Strike 990 has a total call value of 0 versus a total put value of 849,450,500,000 Combined total value = 849,450,500,000
Strike 1000 has a total call value of 0 versus a total put value of 815,821,500,000 Combined total value = 815,821,500,000
Strike 1010 has a total call value of 255,500,000 versus a total put value of 782,918,000,000 Combined total value = 783,173,500,000
Strike 1020 has a total call value of 511,000,000 versus a total put value of 750,014,500,000 Combined total value = 750,525,500,000
Strike 1030 has a total call value of 766,500,000 versus a total put value of 717,347,500,000 Combined total value = 718,114,000,000
Strike 1040 has a total call value of 1,029,500,000 versus a total put value of 684,680,500,000 Combined total value = 685,710,000,000
Strike 1050 has a total call value of 1,299,500,000 versus a total put value of 652,303,000,000 Combined total value = 653,602,500,000
Strike 1060 has a total call value of 1,570,500,000 versus a total put value of 620,389,000,000 Combined total value = 621,959,500,000
Strike 1070 has a total call value of 1,846,500,000 versus a total put value of 588,890,500,000 Combined total value = 590,737,000,000
Strike 1080 has a total call value of 2,135,500,000 versus a total put value of 557,553,000,000 Combined total value = 559,688,500,000
Strike 1090 has a total call value of 2,465,000,000 versus a total put value of 526,663,000,000 Combined total value = 529,128,000,000
Strike 1100 has a total call value of 2,878,000,000 versus a total put value of 495,846,500,000 Combined total value = 498,724,500,000
Strike 1110 has a total call value of 3,784,000,000 versus a total put value of 466,858,000,000 Combined total value = 470,642,000,000
Strike 1120 has a total call value of 4,776,000,000 versus a total put value of 438,119,500,000 Combined total value = 442,895,500,000
Strike 1130 has a total call value of 5,900,500,000 versus a total put value of 409,885,000,000 Combined total value = 415,785,500,000
Strike 1140 has a total call value of 7,232,500,000 versus a total put value of 382,366,000,000 Combined total value = 389,598,500,000
Strike 1150 has a total call value of 9,036,500,000 versus a total put value of 355,616,000,000 Combined total value = 364,652,500,000
Strike 1160 has a total call value of 11,987,500,000 versus a total put value of 330,300,000,000 Combined total value = 342,287,500,000
Strike 1170 has a total call value of 15,628,500,000 versus a total put value of 306,287,500,000 Combined total value = 321,916,000,000
Strike 1180 has a total call value of 19,621,000,000 versus a total put value of 282,665,000,000 Combined total value = 302,286,000,000
Strike 1190 has a total call value of 24,253,000,000 versus a total put value of 259,938,500,000 Combined total value = 284,191,500,000
Strike 1200 has a total call value of 29,550,000,000 versus a total put value of 237,664,500,000 Combined total value = 267,214,500,000
Strike 1210 has a total call value of 38,766,500,000 versus a total put value of 218,762,500,000 Combined total value = 257,529,000,000
Strike 1220 has a total call value of 49,400,500,000 versus a total put value of 200,262,000,000 Combined total value = 249,662,500,000
Strike 1230 has a total call value of 61,502,000,000 versus a total put value of 182,786,500,000 Combined total value = 244,288,500,000
Strike 1240 has a total call value of 74,830,000,000 versus a total put value of 166,023,500,000 Combined total value = 240,853,500,000
Strike 1250 has a total call value of 90,368,500,000 versus a total put value of 150,186,500,000 Combined total value = 240,555,000,000
Strike 1260 has a total call value of 109,886,500,000 versus a total put value of 135,917,000,000 Combined total value = 245,803,500,000
Strike 1270 has a total call value of 131,894,000,000 versus a total put value of 122,572,000,000 Combined total value = 254,466,000,000
Strike 1280 has a total call value of 156,240,000,000 versus a total put value of 110,065,000,000 Combined total value = 266,305,000,000
Strike 1290 has a total call value of 186,617,500,000 versus a total put value of 98,821,500,000 Combined total value = 285,439,000,000
Strike 1300 has a total call value of 220,180,500,000 versus a total put value of 88,411,500,000 Combined total value = 308,592,000,000
Strike 1310 has a total call value of 267,373,500,000 versus a total put value of 80,308,500,000 Combined total value = 347,682,000,000
Strike 1320 has a total call value of 315,768,500,000 versus a total put value of 72,569,000,000 Combined total value = 388,337,500,000
Strike 1330 has a total call value of 365,643,000,000 versus a total put value of 65,306,500,000 Combined total value = 430,949,500,000
Strike 1340 has a total call value of 416,176,500,000 versus a total put value of 58,360,500,000 Combined total value = 474,537,000,000
Strike 1350 has a total call value of 467,500,500,000 versus a total put value of 51,667,000,000 Combined total value = 519,167,500,000
Strike 1360 has a total call value of 527,106,500,000 versus a total put value of 46,183,500,000 Combined total value = 573,290,000,000
Strike 1370 has a total call value of 587,468,000,000 versus a total put value of 40,897,500,000 Combined total value = 628,365,500,000
Strike 1380 has a total call value of 648,244,500,000 versus a total put value of 35,708,000,000 Combined total value = 683,952,500,000
Strike 1390 has a total call value of 709,942,500,000 versus a total put value of 30,518,500,000 Combined total value = 740,461,000,000
Strike 1400 has a total call value of 771,978,000,000 versus a total put value of 25,329,000,000 Combined total value = 797,307,000,000
Strike 1410 has a total call value of 837,728,500,000 versus a total put value of 22,255,000,000 Combined total value = 859,983,500,000
Strike 1420 has a total call value of 903,661,500,000 versus a total put value of 19,181,000,000 Combined total value = 922,842,500,000
Strike 1430 has a total call value of 970,003,500,000 versus a total put value of 16,318,000,000 Combined total value = 986,321,500,000
Strike 1440 has a total call value of 1,036,345,500,000 versus a total put value of 13,455,000,000 Combined total value = 1,049,800,500,000
Strike 1450 has a total call value of 1,103,429,000,000 versus a total put value of 10,780,000,000 Combined total value = 1,114,209,000,000
Strike 1460 has a total call value of 1,170,512,500,000 versus a total put value of 8,105,000,000 Combined total value = 1,178,617,500,000
Strike 1470 has a total call value of 1,237,816,500,000 versus a total put value of 5,559,500,000 Combined total value = 1,243,376,000,000
Strike 1480 has a total call value of 1,305,120,500,000 versus a total put value of 3,014,000,000 Combined total value = 1,308,134,500,000
Strike 1490 has a total call value of 1,373,280,000,000 versus a total put value of 1,507,000,000 Combined total value = 1,374,787,000,000
Strike 1500 has a total call value of 1,441,439,500,000 versus a total put value of 0 Combined total value = 1,441,439,500,000
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 354.65 | 385 |
ABB | 4906.45 | 5300 |
ABCAPITAL | 177.75 | 190 |
ABFRL | 241.4 | 260 |
ACC | 1904.3 | 1980 |
ADANIENSOL | 804 | 840 |
ADANIENT | 2179.95 | 2440 |
ADANIGREEN | 866.2 | 940 |
ADANIPORTS | 1094.65 | 1180 |
ALKEM | 4676.1 | 4900 |
AMBUJACEM | 519.5 | 540 |
ANGELONE | 2104.25 | 2200 |
APLAPOLLO | 1421 | 1500 |
APOLLOHOSP | 6656.3 | 6650 |
APOLLOTYRE | 390.6 | 415 |
ASHOKLEY | 194.7 | 207.5 |
ASIANPAINT | 2334.15 | 2340 |
ASTRAL | 1289.05 | 1320 |
ATGL | 563 | 600 |
AUBANK | 542.8 | 550 |
AUROPHARMA | 1090.65 | 1160 |
AXISBANK | 1035.5 | 1070 |
BAJAJ-AUTO | 7230.85 | 7800 |
BAJAJFINSV | 1837.1 | 1920 |
BAJFINANCE | 8395.6 | 8700 |
BALKRISIND | 2263.65 | 2480 |
BANDHANBNK | 143.75 | 150 |
BANKBARODA | 227.54 | 232.5 |
BANKINDIA | 105.13 | 110 |
BEL | 268.05 | 285 |
BERGEPAINT | 506 | 505 |
BHARATFORG | 941 | 1040 |
BHARTIARTL | 1687.8 | 1720 |
BHEL | 203.88 | 215 |
BIOCON | 303 | 335 |
BOSCHLTD | 26454.15 | 27500 |
BPCL | 275.05 | 280 |
BRITANNIA | 4955.3 | 4950 |
BSE | 5104.95 | 5200 |
BSOFT | 338.1 | 380 |
CAMS | 3453.7 | 3700 |
CANBK | 86.55 | 90 |
CDSL | 1127.6 | 1200 |
CESC | 145.92 | 152.5 |
CGPOWER | 534.9 | 600 |
CHAMBLFERT | 602.55 | 610 |
CHOLAFIN | 1370.2 | 1460 |
CIPLA | 1378.95 | 1440 |
COALINDIA | 371.05 | 400 |
COFORGE | 6058.95 | 6900 |
COLPAL | 2381.9 | 2400 |
CONCOR | 647.95 | 700 |
CROMPTON | 324.65 | 340 |
CUMMINSIND | 2677.35 | 3000 |
CYIENT | 1092.25 | 1200 |
DABUR | 446.5 | 470 |
DALBHARAT | 1760.85 | 1800 |
DEEPAKNTR | 1814.5 | 1900 |
DELHIVERY | 262.05 | 260 |
DIVISLAB | 5256.4 | 5600 |
DIXON | 12441.35 | 13500 |
DLF | 607 | 670 |
DMART | 3968 | 4000 |
DRREDDY | 1093.4 | 1130 |
EICHERMOT | 5067.55 | 5300 |
ESCORTS | 3017 | 3200 |
EXIDEIND | 347.5 | 370 |
FEDERALBNK | 189.01 | 195 |
GAIL | 166.09 | 180 |
GLENMARK | 1449.75 | 1500 |
GMRAIRPORT | 81.7 | 80 |
GODREJCP | 1159.05 | 1160 |
GODREJPROP | 1920.05 | 2100 |
GOLDM | 88250 | 88000 |
GRANULES | 431.8 | 490 |
GRASIM | 2473.05 | 2580 |
HAL | 3934.85 | 4200 |
HAVELLS | 1424.5 | 1500 |
HCLTECH | 1341.7 | 1480 |
HDFCAMC | 3690.1 | 3950 |
HDFCBANK | 1745.55 | 1800 |
HDFCLIFE | 655.7 | 680 |
HEROMOTOCO | 3480 | 3700 |
HFCL | 73.31 | 80 |
HINDALCO | 561 | 620 |
HINDCOPPER | 187.02 | 210 |
HINDPETRO | 359.15 | 360 |
HINDUNILVR | 2231.85 | 2260 |
HINDZINC | 398.65 | 430 |
HUDCO | 191.29 | 200 |
ICICIBANK | 1268.65 | 1330 |
ICICIGI | 1726.75 | 1800 |
ICICIPRULI | 536.05 | 560 |
IDEA | 7.24 | 8 |
IDFCFIRSTB | 55.92 | 58 |
IEX | 172 | 177.5 |
IGL | 188.98 | 195 |
IIFL | 321.9 | 325 |
INDHOTEL | 739.4 | 800 |
INDIANB | 530.75 | 550 |
INDIGO | 4898.6 | 5000 |
INDUSINDBK | 664.9 | 700 |
INDUSTOWER | 350.7 | 355 |
INFY | 1373.75 | 1520 |
INOXWIND | 140.38 | 155 |
IOC | 127.58 | 130 |
IRB | 42.83 | 45 |
IRCTC | 689.5 | 720 |
IREDA | 146.77 | 155 |
IRFC | 120.24 | 125 |
ITC | 399.75 | 410 |
JINDALSTEL | 792 | 900 |
JIOFIN | 210.41 | 230 |
JSL | 514.35 | 590 |
JSWENERGY | 478.2 | 520 |
JSWSTEEL | 911.85 | 1000 |
JUBLFOOD | 654.75 | 670 |
KALYANKJIL | 470.7 | 490 |
KEI | 2480.9 | 2700 |
KOTAKBANK | 2012.55 | 2100 |
KPITTECH | 1050.7 | 1180 |
LAURUSLABS | 553.65 | 590 |
LICHSGFIN | 545.3 | 560 |
LICI | 760.6 | 800 |
LODHA | 1122.6 | 1160 |
LT | 3037.15 | 3350 |
LTF | 146.48 | 150 |
LTIM | 3989.25 | 4300 |
LUPIN | 1936.25 | 2000 |
M&M | 2471.45 | 2700 |
M&MFIN | 249 | 270 |
MANAPPURAM | 221.74 | 230 |
MARICO | 660.5 | 650 |
MARUTI | 11223.9 | 11400 |
MAXHEALTH | 1070.15 | 1120 |
MCX | 4880 | 5300 |
MFSL | 1114.45 | 1140 |
MGL | 1275.55 | 1360 |
MOTHERSON | 112.1 | 125 |
MPHASIS | 2080.85 | 2240 |
MRF | 109868.5 | 114000 |
MUTHOOTFIN | 2254.3 | 2300 |
NATIONALUM | 143.07 | 170 |
NAUKRI | 6257.75 | 6700 |
NBCC | 77.81 | 82.5 |
NCC | 193.45 | 210 |
NESTLEIND | 2225.9 | 2240 |
NHPC | 81.51 | 84 |
NMDC | 60.15 | 68 |
NTPC | 344.8 | 355 |
NYKAA | 173.5 | 175 |
OBEROIRLTY | 1480.5 | 1580 |
OFSS | 7150 | 7600 |
OIL | 338.25 | 370 |
ONGC | 216.67 | 235 |
PAGEIND | 40894.2 | 43000 |
PATANJALI | 1760.05 | 1800 |
PAYTM | 771.05 | 800 |
PEL | 930 | 980 |
PERSISTENT | 4446.5 | 4800 |
PETRONET | 274.5 | 290 |
PFC | 387.2 | 420 |
PHOENIXLTD | 1568.9 | 1600 |
PIDILITIND | 2831.6 | 2860 |
PIIND | 3245.55 | 3400 |
PNB | 94.54 | 97 |
PNBHOUSING | 893.95 | 900 |
POLICYBZR | 1417.5 | 1550 |
POLYCAB | 4757.85 | 5000 |
POONAWALLA | 342.6 | 345 |
POWERGRID | 285.45 | 295 |
PRESTIGE | 1059.6 | 1150 |
RAMCOCEM | 918.4 | 920 |
RBLBANK | 167.12 | 172.5 |
RECLTD | 377.3 | 420 |
RELIANCE | 1149.55 | 1250 |
SAIL | 103.9 | 115 |
SBICARD | 803.7 | 850 |
SBILIFE | 1451.15 | 1540 |
SBIN | 738.5 | 780 |
SHREECEM | 29485.5 | 30500 |
SHRIRAMFIN | 599.2 | 640 |
SIEMENS | 2822 | 3000 |
SILVER | 88257 | 95000 |
SJVN | 87.7 | 91 |
SOLARINDS | 10642.2 | 11000 |
SONACOMS | 406.35 | 440 |
SRF | 2690.85 | 2860 |
SUNPHARMA | 1660.9 | 1720 |
SUPREMEIND | 3117.1 | 3350 |
SYNGENE | 700.35 | 720 |
TATACHEM | 789.85 | 860 |
TATACOMM | 1531.75 | 1600 |
TATACONSUM | 1043 | 1050 |
TATAELXSI | 4724.15 | 5000 |
TATAMOTORS | 566.45 | 630 |
TATAPOWER | 350.4 | 380 |
TATASTEEL | 128.12 | 145 |
TATATECH | 603.35 | 650 |
TCS | 3167.2 | 3440 |
TECHM | 1263.05 | 1380 |
TIINDIA | 2580.55 | 2700 |
TITAGARH | 731.75 | 780 |
TITAN | 2991.05 | 3100 |
TORNTPHARM | 3249.65 | 3250 |
TORNTPOWER | 1480 | 1500 |
TRENT | 4656.45 | 5100 |
TVSMOTOR | 2342.85 | 2440 |
ULTRACEMCO | 11080.8 | 11300 |
UNIONBANK | 116.36 | 121 |
UNITDSPR | 1399.85 | 1400 |
UPL | 607.45 | 640 |
VBL | 510.2 | 530 |
VEDL | 370.85 | 420 |
VOLTAS | 1274.25 | 1360 |
WIPRO | 235.95 | 255 |
YESBANK | 16.55 | 17 |
ZOMATO | 204.36 | 210 |
ZYDUSLIFE | 848.95 | 880 |
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.