[--[65.84.65.76]--]
ONGC
OIL AND NATURAL GAS CORP.

268.05 6.30 (2.41%)


Strike  222.5  has a total call value of 0  versus a total put value of  29,568,962,500 Combined total value = 29,568,962,500

Strike  225  has a total call value of 0  versus a total put value of  27,546,750,000 Combined total value = 27,546,750,000

Strike  227.5  has a total call value of 0  versus a total put value of  25,534,162,500 Combined total value = 25,534,162,500

Strike  230  has a total call value of 0  versus a total put value of  23,521,575,000 Combined total value = 23,521,575,000

Strike  232.5  has a total call value of 2,887,500  versus a total put value of  21,532,087,500 Combined total value = 21,534,975,000

Strike  235  has a total call value of 5,775,000  versus a total put value of  19,542,600,000 Combined total value = 19,548,375,000

Strike  237.5  has a total call value of 8,662,500  versus a total put value of  17,622,412,500 Combined total value = 17,631,075,000

Strike  240  has a total call value of 11,550,000  versus a total put value of  15,715,700,000 Combined total value = 15,727,250,000

Strike  242.5  has a total call value of 24,062,500  versus a total put value of  14,036,137,500 Combined total value = 14,060,200,000

Strike  245  has a total call value of 36,575,000  versus a total put value of  12,358,500,000 Combined total value = 12,395,075,000

Strike  247.5  has a total call value of 49,087,500  versus a total put value of  10,716,475,000 Combined total value = 10,765,562,500

Strike  250  has a total call value of 61,600,000  versus a total put value of  9,088,887,500 Combined total value = 9,150,487,500

Strike  252.5  has a total call value of 154,000,000  versus a total put value of  7,795,287,500 Combined total value = 7,949,287,500

Strike  255  has a total call value of 246,400,000  versus a total put value of  6,526,712,500 Combined total value = 6,773,112,500

Strike  257.5  has a total call value of 349,387,500  versus a total put value of  5,395,775,000 Combined total value = 5,745,162,500

Strike  260  has a total call value of 452,375,000  versus a total put value of  4,288,900,000 Combined total value = 4,741,275,000

Strike  262.5  has a total call value of 810,425,000  versus a total put value of  3,547,775,000 Combined total value = 4,358,200,000

Strike  265  has a total call value of 1,212,750,000  versus a total put value of  2,832,637,500 Combined total value = 4,045,387,500

Strike  267.5  has a total call value of 1,799,875,000  versus a total put value of  2,279,200,000 Combined total value = 4,079,075,000

Strike  270  has a total call value of 2,427,425,000  versus a total put value of  1,763,300,000 Combined total value = 4,190,725,000

Strike  272.5  has a total call value of 3,539,112,500  versus a total put value of  1,488,987,500 Combined total value = 5,028,100,000

Strike  275  has a total call value of 4,672,937,500  versus a total put value of  1,224,300,000 Combined total value = 5,897,237,500

Strike  277.5  has a total call value of 5,963,650,000  versus a total put value of  1,023,137,500 Combined total value = 6,986,787,500

Strike  280  has a total call value of 7,271,687,500  versus a total put value of  827,750,000 Combined total value = 8,099,437,500

Strike  282.5  has a total call value of 9,129,312,500  versus a total put value of  703,587,500 Combined total value = 9,832,900,000

Strike  285  has a total call value of 11,014,850,000  versus a total put value of  585,200,000 Combined total value = 11,600,050,000

Strike  287.5  has a total call value of 13,038,025,000  versus a total put value of  479,325,000 Combined total value = 13,517,350,000

Strike  290  has a total call value of 15,075,637,500  versus a total put value of  373,450,000 Combined total value = 15,449,087,500

Strike  292.5  has a total call value of 17,479,962,500  versus a total put value of  280,087,500 Combined total value = 17,760,050,000

Strike  295  has a total call value of 19,901,612,500  versus a total put value of  186,725,000 Combined total value = 20,088,337,500

Strike  297.5  has a total call value of 22,340,587,500  versus a total put value of  93,362,500 Combined total value = 22,433,950,000

Strike  300  has a total call value of 24,779,562,500  versus a total put value of  0 Combined total value = 24,779,562,500

Strike  302.5  has a total call value of 27,809,512,500  versus a total put value of  0 Combined total value = 27,809,512,500

Strike  305  has a total call value of 30,849,087,500  versus a total put value of  0 Combined total value = 30,849,087,500

Strike  307.5  has a total call value of 33,888,662,500  versus a total put value of  0 Combined total value = 33,888,662,500

Strike  310  has a total call value of 36,928,237,500  versus a total put value of  0 Combined total value = 36,928,237,500

Strike  312.5  has a total call value of 40,089,087,500  versus a total put value of  0 Combined total value = 40,089,087,500

Strike  315  has a total call value of 43,249,937,500  versus a total put value of  0 Combined total value = 43,249,937,500

Strike  317.5  has a total call value of 46,423,300,000  versus a total put value of  0 Combined total value = 46,423,300,000

Strike  320  has a total call value of 49,596,662,500  versus a total put value of  0 Combined total value = 49,596,662,500

Max Pain - Choose a symbol



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:
  1. Find the difference between stock price and strike price
  2. Multiply the result by open interest at that strike
  3. Add together the dollar value for the put and call at that strike
  4. Repeat for each strike price
  5. 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.