ReNew Energy Global (RNW)
ReNew Energy Global Max Pain By Strike
RNW trades at $7.8, 11.4% above the near-term max pain of $7 expiring Sep 19, 2025 (11 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.
ReNew Energy Global Max Pain By Expiry
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 7.8 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 7 | -0.80 (-10.26%) |
| Oct 17, 2025 | 6 | -1.80 (-23.08%) |
| Jan 16, 2026 | 7 | -0.80 (-10.26%) |
| Apr 17, 2026 | 1 | -6.80 (-87.18%) |