RELIANCE
Reliance Industries Ltd
Max pain for RELIANCE
15 Jul 2025 12:36 PM ISTNext Refresh in
Max Pain for RELIANCE is 1500
Strike 1120 has a total call value of 0 versus a total put value of 810,534,500,000 Combined total value = 810,534,500,000
Strike 1130 has a total call value of 0 versus a total put value of 787,269,000,000 Combined total value = 787,269,000,000
Strike 1140 has a total call value of 0 versus a total put value of 764,003,500,000 Combined total value = 764,003,500,000
Strike 1150 has a total call value of 0 versus a total put value of 740,738,000,000 Combined total value = 740,738,000,000
Strike 1160 has a total call value of 0 versus a total put value of 717,472,500,000 Combined total value = 717,472,500,000
Strike 1170 has a total call value of 0 versus a total put value of 694,207,000,000 Combined total value = 694,207,000,000
Strike 1180 has a total call value of 0 versus a total put value of 670,941,500,000 Combined total value = 670,941,500,000
Strike 1190 has a total call value of 343,500,000 versus a total put value of 647,676,000,000 Combined total value = 648,019,500,000
Strike 1200 has a total call value of 687,000,000 versus a total put value of 624,410,500,000 Combined total value = 625,097,500,000
Strike 1210 has a total call value of 1,030,500,000 versus a total put value of 601,384,500,000 Combined total value = 602,415,000,000
Strike 1220 has a total call value of 1,374,000,000 versus a total put value of 578,358,500,000 Combined total value = 579,732,500,000
Strike 1230 has a total call value of 1,717,500,000 versus a total put value of 555,332,500,000 Combined total value = 557,050,000,000
Strike 1240 has a total call value of 2,061,000,000 versus a total put value of 532,306,500,000 Combined total value = 534,367,500,000
Strike 1250 has a total call value of 2,404,500,000 versus a total put value of 509,280,500,000 Combined total value = 511,685,000,000
Strike 1260 has a total call value of 2,748,000,000 versus a total put value of 486,254,500,000 Combined total value = 489,002,500,000
Strike 1270 has a total call value of 3,091,500,000 versus a total put value of 463,330,000,000 Combined total value = 466,421,500,000
Strike 1280 has a total call value of 3,435,000,000 versus a total put value of 440,405,500,000 Combined total value = 443,840,500,000
Strike 1290 has a total call value of 3,778,500,000 versus a total put value of 417,528,000,000 Combined total value = 421,306,500,000
Strike 1300 has a total call value of 4,122,000,000 versus a total put value of 394,722,000,000 Combined total value = 398,844,000,000
Strike 1310 has a total call value of 4,900,500,000 versus a total put value of 372,904,000,000 Combined total value = 377,804,500,000
Strike 1320 has a total call value of 5,679,000,000 versus a total put value of 351,110,500,000 Combined total value = 356,789,500,000
Strike 1330 has a total call value of 6,457,500,000 versus a total put value of 329,587,500,000 Combined total value = 336,045,000,000
Strike 1340 has a total call value of 7,236,000,000 versus a total put value of 308,351,000,000 Combined total value = 315,587,000,000
Strike 1350 has a total call value of 8,014,500,000 versus a total put value of 287,514,500,000 Combined total value = 295,529,000,000
Strike 1360 has a total call value of 9,062,000,000 versus a total put value of 267,193,000,000 Combined total value = 276,255,000,000
Strike 1370 has a total call value of 10,153,000,000 versus a total put value of 247,125,000,000 Combined total value = 257,278,000,000
Strike 1380 has a total call value of 11,244,000,000 versus a total put value of 227,222,500,000 Combined total value = 238,466,500,000
Strike 1390 has a total call value of 12,335,000,000 versus a total put value of 207,659,000,000 Combined total value = 219,994,000,000
Strike 1400 has a total call value of 13,426,000,000 versus a total put value of 188,282,500,000 Combined total value = 201,708,500,000
Strike 1410 has a total call value of 15,272,500,000 versus a total put value of 171,107,000,000 Combined total value = 186,379,500,000
Strike 1420 has a total call value of 17,119,000,000 versus a total put value of 154,133,500,000 Combined total value = 171,252,500,000
Strike 1430 has a total call value of 19,414,000,000 versus a total put value of 137,759,500,000 Combined total value = 157,173,500,000
Strike 1440 has a total call value of 21,875,000,000 versus a total put value of 121,811,500,000 Combined total value = 143,686,500,000
Strike 1450 has a total call value of 24,623,500,000 versus a total put value of 106,539,500,000 Combined total value = 131,163,000,000
Strike 1460 has a total call value of 27,842,000,000 versus a total put value of 93,234,500,000 Combined total value = 121,076,500,000
Strike 1470 has a total call value of 31,678,500,000 versus a total put value of 80,771,000,000 Combined total value = 112,449,500,000
Strike 1480 has a total call value of 35,875,500,000 versus a total put value of 68,851,000,000 Combined total value = 104,726,500,000
Strike 1490 has a total call value of 40,810,500,000 versus a total put value of 58,035,000,000 Combined total value = 98,845,500,000
Strike 1500 has a total call value of 46,674,000,000 versus a total put value of 47,907,500,000 Combined total value = 94,581,500,000
Strike 1510 has a total call value of 58,254,000,000 versus a total put value of 40,463,000,000 Combined total value = 98,717,000,000
Strike 1520 has a total call value of 72,087,500,000 versus a total put value of 33,800,500,000 Combined total value = 105,888,000,000
Strike 1530 has a total call value of 89,921,000,000 versus a total put value of 28,363,500,000 Combined total value = 118,284,500,000
Strike 1540 has a total call value of 110,348,000,000 versus a total put value of 23,756,500,000 Combined total value = 134,104,500,000
Strike 1550 has a total call value of 135,688,500,000 versus a total put value of 20,090,000,000 Combined total value = 155,778,500,000
Strike 1560 has a total call value of 167,375,500,000 versus a total put value of 17,506,000,000 Combined total value = 184,881,500,000
Strike 1570 has a total call value of 202,786,500,000 versus a total put value of 15,560,000,000 Combined total value = 218,346,500,000
Strike 1580 has a total call value of 239,842,500,000 versus a total put value of 13,776,000,000 Combined total value = 253,618,500,000
Strike 1590 has a total call value of 278,194,500,000 versus a total put value of 12,084,500,000 Combined total value = 290,279,000,000
Strike 1600 has a total call value of 316,982,500,000 versus a total put value of 10,393,000,000 Combined total value = 327,375,500,000
Strike 1610 has a total call value of 361,347,500,000 versus a total put value of 9,144,000,000 Combined total value = 370,491,500,000
Strike 1620 has a total call value of 406,273,500,000 versus a total put value of 7,895,000,000 Combined total value = 414,168,500,000
Strike 1630 has a total call value of 452,833,000,000 versus a total put value of 6,860,000,000 Combined total value = 459,693,000,000
Strike 1640 has a total call value of 499,625,500,000 versus a total put value of 5,825,000,000 Combined total value = 505,450,500,000
Strike 1650 has a total call value of 547,327,000,000 versus a total put value of 5,090,500,000 Combined total value = 552,417,500,000
Strike 1660 has a total call value of 595,342,500,000 versus a total put value of 4,356,000,000 Combined total value = 599,698,500,000
Strike 1670 has a total call value of 643,743,500,000 versus a total put value of 3,621,500,000 Combined total value = 647,365,000,000
Strike 1680 has a total call value of 692,144,500,000 versus a total put value of 2,887,000,000 Combined total value = 695,031,500,000
Strike 1690 has a total call value of 741,101,000,000 versus a total put value of 2,152,500,000 Combined total value = 743,253,500,000
Strike 1700 has a total call value of 790,057,500,000 versus a total put value of 1,418,000,000 Combined total value = 791,475,500,000
Strike 1710 has a total call value of 839,844,500,000 versus a total put value of 1,063,500,000 Combined total value = 840,908,000,000
Strike 1720 has a total call value of 889,631,500,000 versus a total put value of 709,000,000 Combined total value = 890,340,500,000
Strike 1730 has a total call value of 939,579,500,000 versus a total put value of 354,500,000 Combined total value = 939,934,000,000
Strike 1740 has a total call value of 989,527,500,000 versus a total put value of 0 Combined total value = 989,527,500,000
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| 360ONE | 1195.5 | 1200 |
| AARTIIND | 449.9 | 455 |
| ABB | 5656 | 5900 |
| ABCAPITAL | 269.25 | 270 |
| ABFRL | 77.04 | 77 |
| ACC | 1984.8 | 1940 |
| ADANIENSOL | 878 | 880 |
| ADANIENT | 2591.3 | 2600 |
| ADANIGREEN | 1032.7 | 1000 |
| ADANIPORTS | 1444.9 | 1420 |
| ALKEM | 4900 | 4850 |
| AMBER | 7854.5 | 7400 |
| AMBUJACEM | 592.9 | 590 |
| ANGELONE | 2668.9 | 2700 |
| APLAPOLLO | 1718 | 1740 |
| APOLLOHOSP | 7292 | 7300 |
| ASHOKLEY | 251.55 | 250 |
| ASIANPAINT | 2393.9 | 2400 |
| ASTRAL | 1491.1 | 1500 |
| ATGL | 647.3 | 660 |
| AUBANK | 807.6 | 810 |
| AUROPHARMA | 1152.9 | 1140 |
| AXISBANK | 1171.8 | 1180 |
| BAJAJ-AUTO | 8241.5 | 8390 |
| BAJAJFINSV | 2021 | 2020 |
| BAJFINANCE | 921.9 | 930 |
| BALKRISIND | 2664 | 2580 |
| BANDHANBNK | 180.51 | 180 |
| BANKBARODA | 244.12 | 245 |
| BANKINDIA | 115.63 | 115.95 |
| BDL | 1828 | 1900 |
| BEL | 409.7 | 415 |
| BHARATFORG | 1233.7 | 1260 |
| BHARTIARTL | 1933.9 | 1960 |
| BHEL | 257.1 | 260 |
| BIOCON | 390.3 | 370 |
| BLUESTARCO | 1899 | 1800 |
| BOSCHLTD | 38470 | 36000 |
| BPCL | 347.1 | 340 |
| BRITANNIA | 5814.5 | 5800 |
| BSE | 2506.9 | 2600 |
| BSOFT | 427.55 | 430 |
| CAMS | 4215.9 | 4200 |
| CANBK | 115.07 | 114 |
| CDSL | 1689.7 | 1740 |
| CESC | 180.9 | 175 |
| CGPOWER | 675.2 | 670 |
| CHAMBLFERT | 553.7 | 560 |
| CHOLAFIN | 1546.3 | 1560 |
| CIPLA | 1490.3 | 1500 |
| COALINDIA | 385.8 | 395 |
| COFORGE | 1893 | 1880 |
| COLPAL | 2404.9 | 2400 |
| CONCOR | 619.6 | 616 |
| CROMPTON | 343.05 | 350 |
| CUMMINSIND | 3569 | 3400 |
| CYIENT | 1307.2 | 1300 |
| DABUR | 524.75 | 515 |
| DALBHARAT | 2177.2 | 2180 |
| DELHIVERY | 415.65 | 400 |
| DIVISLAB | 6759 | 6800 |
| DIXON | 15850 | 15250 |
| DLF | 837.85 | 840 |
| DMART | 4033.6 | 4100 |
| DRREDDY | 1256.7 | 1280 |
| EICHERMOT | 5609.5 | 5600 |
| ETERNAL | 267.8 | 260 |
| EXIDEIND | 385.45 | 390 |
| FEDERALBNK | 212.38 | 212.5 |
| FORTIS | 799.05 | 780 |
| GAIL | 184.65 | 190 |
| GLENMARK | 2213.8 | 2000 |
| GMRAIRPORT | 91.22 | 90 |
| GODREJCP | 1272.8 | 1260 |
| GODREJPROP | 2284.2 | 2300 |
| GRANULES | 491.65 | 500 |
| GRASIM | 2790.3 | 2800 |
| HAL | 4909.3 | 4900 |
| HAVELLS | 1534.5 | 1560 |
| HCLTECH | 1573.3 | 1600 |
| HDFCAMC | 5226 | 5100 |
| HDFCBANK | 1998 | 2000 |
| HDFCLIFE | 756.5 | 770 |
| HEROMOTOCO | 4423 | 4300 |
| HFCL | 82.31 | 85 |
| HINDALCO | 673 | 680 |
| HINDCOPPER | 262.75 | 265 |
| HINDPETRO | 429.6 | 430 |
| HINDUNILVR | 2522 | 2440 |
| HINDZINC | 437.8 | 450 |
| HUDCO | 234.27 | 235 |
| ICICIBANK | 1426.5 | 1430 |
| ICICIGI | 1998.6 | 2020 |
| ICICIPRULI | 668.4 | 660 |
| IDEA | 7.66 | 7 |
| IDFCFIRSTB | 73.25 | 75 |
| IEX | 208 | 200 |
| IGL | 219.78 | 215 |
| IIFL | 524.05 | 500 |
| INDHOTEL | 739.8 | 750 |
| INDIANB | 641.9 | 630 |
| INDIGO | 5945.5 | 5800 |
| INDUSINDBK | 880 | 860 |
| INDUSTOWER | 405.85 | 405 |
| INFY | 1586.3 | 1600 |
| INOXWIND | 172.89 | 175 |
| IOC | 150.97 | 150 |
| IRB | 48.6 | 49 |
| IRCTC | 772.65 | 780 |
| IREDA | 159.93 | 162.5 |
| IRFC | 135.19 | 140 |
| ITC | 422.2 | 420 |
| JINDALSTEL | 944.5 | 950 |
| JIOFIN | 321.4 | 320 |
| JSL | 687.95 | 690 |
| JSWENERGY | 529.9 | 510 |
| JSWSTEEL | 1037.2 | 1030 |
| JUBLFOOD | 688.2 | 690 |
| KALYANKJIL | 587.45 | 570 |
| KAYNES | 5993.5 | 6000 |
| KEI | 3826 | 3800 |
| KFINTECH | 1293.5 | 1300 |
| KOTAKBANK | 2216.8 | 2200 |
| KPITTECH | 1295 | 1280 |
| LAURUSLABS | 821.6 | 780 |
| LICHSGFIN | 613.9 | 610 |
| LICI | 921.05 | 930 |
| LODHA | 1437.1 | 1400 |
| LT | 3504.7 | 3560 |
| LTF | 203.48 | 200 |
| LTIM | 5251 | 5300 |
| LUPIN | 1955.8 | 1940 |
| M&M | 3133 | 3200 |
| M&MFIN | 264.7 | 263.5 |
| MANAPPURAM | 267.3 | 270 |
| MANKIND | 2649.5 | 2500 |
| MARICO | 735.55 | 730 |
| MARUTI | 12570 | 12600 |
| MAXHEALTH | 1256.5 | 1260 |
| MAZDOCK | 3121.8 | 3200 |
| MCX | 8312 | 8400 |
| MFSL | 1570.7 | 1600 |
| MGL | 1471 | 1500 |
| MOTHERSON | 158.01 | 155 |
| MPHASIS | 2884.2 | 2843 |
| MUTHOOTFIN | 2654.6 | 2600 |
| NATIONALUM | 190.26 | 190 |
| NAUKRI | 1391.1 | 1420 |
| NBCC | 116.2 | 115 |
| NCC | 228.77 | 225 |
| NESTLEIND | 2403.7 | 2420 |
| NHPC | 88.17 | 86 |
| NMDC | 67.99 | 70 |
| NTPC | 343.65 | 340 |
| NYKAA | 217.93 | 210 |
| OBEROIRLTY | 1832 | 1860 |
| OFSS | 8807.5 | 9000 |
| OIL | 445.05 | 450 |
| ONGC | 243.9 | 242.5 |
| PAGEIND | 48980 | 48000 |
| PATANJALI | 1714.1 | 1700 |
| PAYTM | 997.4 | 960 |
| PEL | 1327.4 | 1260 |
| PERSISTENT | 5620.5 | 5800 |
| PETRONET | 308 | 310 |
| PFC | 425.75 | 420 |
| PGEL | 807.7 | 780 |
| PHOENIXLTD | 1499.3 | 1500 |
| PIDILITIND | 2983.6 | 3000 |
| PIIND | 4136.4 | 4100 |
| PNB | 112.79 | 110 |
| PNBHOUSING | 1091.6 | 1100 |
| POLICYBZR | 1854.8 | 1850 |
| POLYCAB | 6873.5 | 6600 |
| POONAWALLA | 455.2 | 450 |
| POWERGRID | 298.9 | 300 |
| PPLPHARMA | 214.5 | 205 |
| PRESTIGE | 1746.6 | 1700 |
| RBLBANK | 264.88 | 247.5 |
| RECLTD | 401.15 | 400 |
| RELIANCE | 1490 | 1500 |
| RVNL | 383.7 | 390 |
| SAIL | 134.11 | 135 |
| SBICARD | 897.05 | 920 |
| SBILIFE | 1834 | 1840 |
| SBIN | 816.9 | 810 |
| SHREECEM | 30930 | 31000 |
| SHRIRAMFIN | 676.3 | 680 |
| SIEMENS | 3136 | 3200 |
| SJVN | 98.16 | 99 |
| SOLARINDS | 15368 | 16000 |
| SONACOMS | 452.9 | 470 |
| SRF | 3195 | 3200 |
| SUNPHARMA | 1723 | 1700 |
| SUPREMEIND | 4202.4 | 4300 |
| SYNGENE | 654.6 | 650 |
| TATACHEM | 931.4 | 940 |
| TATACOMM | 1727.1 | 1740 |
| TATACONSUM | 1076.4 | 1100 |
| TATAELXSI | 6401 | 6200 |
| TATAMOTORS | 683.9 | 690 |
| TATAPOWER | 402.55 | 405 |
| TATASTEEL | 159.54 | 160 |
| TATATECH | 730.6 | 720 |
| TCS | 3248.3 | 3300 |
| TECHM | 1581.4 | 1600 |
| TIINDIA | 2907.8 | 3000 |
| TITAGARH | 943.6 | 940 |
| TITAN | 3414 | 3450 |
| TORNTPHARM | 3435.3 | 3350 |
| TORNTPOWER | 1393.8 | 1420 |
| TRENT | 5338 | 5600 |
| TVSMOTOR | 2873.9 | 2860 |
| ULTRACEMCO | 12542 | 12300 |
| UNIONBANK | 146.94 | 147.5 |
| UNITDSPR | 1370.5 | 1400 |
| UNOMINDA | 1104.2 | 1100 |
| UPL | 670.85 | 650 |
| VBL | 466.8 | 460 |
| VEDL | 449.65 | 450 |
| VOLTAS | 1396.2 | 1360 |
| WIPRO | 258.45 | 260 |
| YESBANK | 20 | 20 |
| ZYDUSLIFE | 973.6 | 980 |
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.
