RELIANCE
RELIANCE INDUSTRIES LTD
Max pain for RELIANCE
28 Mar 2024 03:58 PM IST
Max Pain for RELIANCE is 3000
Strike 2440 has a total call value of 0 versus a total put value of 252,234,000,000 Combined total value = 252,234,000,000
Strike 2460 has a total call value of 11,500,000 versus a total put value of 241,227,000,000 Combined total value = 241,238,500,000
Strike 2480 has a total call value of 23,000,000 versus a total put value of 230,220,000,000 Combined total value = 230,243,000,000
Strike 2500 has a total call value of 34,500,000 versus a total put value of 219,213,000,000 Combined total value = 219,247,500,000
Strike 2520 has a total call value of 46,000,000 versus a total put value of 208,206,000,000 Combined total value = 208,252,000,000
Strike 2540 has a total call value of 69,000,000 versus a total put value of 197,215,000,000 Combined total value = 197,284,000,000
Strike 2560 has a total call value of 92,000,000 versus a total put value of 186,224,000,000 Combined total value = 186,316,000,000
Strike 2580 has a total call value of 117,500,000 versus a total put value of 175,253,000,000 Combined total value = 175,370,500,000
Strike 2600 has a total call value of 143,000,000 versus a total put value of 164,282,000,000 Combined total value = 164,425,000,000
Strike 2620 has a total call value of 257,500,000 versus a total put value of 153,671,500,000 Combined total value = 153,929,000,000
Strike 2640 has a total call value of 372,000,000 versus a total put value of 143,061,000,000 Combined total value = 143,433,000,000
Strike 2660 has a total call value of 486,500,000 versus a total put value of 132,465,500,000 Combined total value = 132,952,000,000
Strike 2680 has a total call value of 601,000,000 versus a total put value of 121,878,500,000 Combined total value = 122,479,500,000
Strike 2700 has a total call value of 715,500,000 versus a total put value of 111,297,000,000 Combined total value = 112,012,500,000
Strike 2720 has a total call value of 928,500,000 versus a total put value of 101,564,000,000 Combined total value = 102,492,500,000
Strike 2740 has a total call value of 1,141,500,000 versus a total put value of 91,857,500,000 Combined total value = 92,999,000,000
Strike 2760 has a total call value of 1,354,500,000 versus a total put value of 82,275,000,000 Combined total value = 83,629,500,000
Strike 2780 has a total call value of 1,567,500,000 versus a total put value of 72,785,500,000 Combined total value = 74,353,000,000
Strike 2800 has a total call value of 1,780,500,000 versus a total put value of 63,474,500,000 Combined total value = 65,255,000,000
Strike 2820 has a total call value of 2,430,500,000 versus a total put value of 55,393,000,000 Combined total value = 57,823,500,000
Strike 2840 has a total call value of 3,080,500,000 versus a total put value of 47,443,000,000 Combined total value = 50,523,500,000
Strike 2860 has a total call value of 3,830,500,000 versus a total put value of 39,907,000,000 Combined total value = 43,737,500,000
Strike 2880 has a total call value of 4,628,500,000 versus a total put value of 32,773,500,000 Combined total value = 37,402,000,000
Strike 2900 has a total call value of 5,553,000,000 versus a total put value of 26,031,500,000 Combined total value = 31,584,500,000
Strike 2920 has a total call value of 7,551,000,000 versus a total put value of 21,190,000,000 Combined total value = 28,741,000,000
Strike 2940 has a total call value of 9,709,500,000 versus a total put value of 16,901,000,000 Combined total value = 26,610,500,000
Strike 2960 has a total call value of 12,022,500,000 versus a total put value of 13,227,000,000 Combined total value = 25,249,500,000
Strike 2980 has a total call value of 14,592,000,000 versus a total put value of 9,973,000,000 Combined total value = 24,565,000,000
Strike 3000 has a total call value of 17,514,000,000 versus a total put value of 7,023,000,000 Combined total value = 24,537,000,000
Strike 3020 has a total call value of 25,464,500,000 versus a total put value of 5,467,000,000 Combined total value = 30,931,500,000
Strike 3040 has a total call value of 34,046,000,000 versus a total put value of 4,352,500,000 Combined total value = 38,398,500,000
Strike 3060 has a total call value of 43,058,000,000 versus a total put value of 3,371,000,000 Combined total value = 46,429,000,000
Strike 3080 has a total call value of 52,431,000,000 versus a total put value of 2,532,500,000 Combined total value = 54,963,500,000
Strike 3100 has a total call value of 62,055,000,000 versus a total put value of 1,755,500,000 Combined total value = 63,810,500,000
Strike 3120 has a total call value of 73,900,000,000 versus a total put value of 1,422,000,000 Combined total value = 75,322,000,000
Strike 3140 has a total call value of 85,924,500,000 versus a total put value of 1,124,000,000 Combined total value = 87,048,500,000
Strike 3160 has a total call value of 98,138,500,000 versus a total put value of 826,000,000 Combined total value = 98,964,500,000
Strike 3180 has a total call value of 110,581,000,000 versus a total put value of 528,000,000 Combined total value = 111,109,000,000
Strike 3200 has a total call value of 123,139,500,000 versus a total put value of 230,000,000 Combined total value = 123,369,500,000
Strike 3220 has a total call value of 137,521,500,000 versus a total put value of 171,500,000 Combined total value = 137,693,000,000
Strike 3240 has a total call value of 152,042,000,000 versus a total put value of 113,000,000 Combined total value = 152,155,000,000
Strike 3260 has a total call value of 166,673,000,000 versus a total put value of 97,000,000 Combined total value = 166,770,000,000
Strike 3280 has a total call value of 181,512,000,000 versus a total put value of 82,000,000 Combined total value = 181,594,000,000
Strike 3300 has a total call value of 196,682,500,000 versus a total put value of 67,000,000 Combined total value = 196,749,500,000
Strike 3320 has a total call value of 211,853,000,000 versus a total put value of 52,000,000 Combined total value = 211,905,000,000
Strike 3340 has a total call value of 227,163,500,000 versus a total put value of 39,000,000 Combined total value = 227,202,500,000
Strike 3360 has a total call value of 242,474,000,000 versus a total put value of 26,000,000 Combined total value = 242,500,000,000
Strike 3380 has a total call value of 257,923,500,000 versus a total put value of 13,000,000 Combined total value = 257,936,500,000
Strike 3400 has a total call value of 273,373,000,000 versus a total put value of 0 Combined total value = 273,373,000,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
U
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.