ReNew Energy Global (RNW)

RNW trades at $7.76, 10.9% above the near-term max pain of $7 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$7), reflecting growing call interest at higher strikes. Key magnetic zone at 7 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RNW shows an upward trend from 1 to 7, suggesting bullish positioning in longer-dated options. The 114% spread signals divergent expectations across timeframes. Most levels below 7.76 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.