ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
28 Mar 2024 03:51 PM IST
Max Pain for ONGC is 267.5
Strike 190 has a total call value of 0 versus a total put value of 96,882,362,500 Combined total value = 96,882,362,500
Strike 192.5 has a total call value of 0 versus a total put value of 93,182,512,500 Combined total value = 93,182,512,500
Strike 195 has a total call value of 0 versus a total put value of 89,482,662,500 Combined total value = 89,482,662,500
Strike 197.5 has a total call value of 0 versus a total put value of 85,782,812,500 Combined total value = 85,782,812,500
Strike 200 has a total call value of 0 versus a total put value of 82,082,962,500 Combined total value = 82,082,962,500
Strike 202.5 has a total call value of 121,275,000 versus a total put value of 78,498,612,500 Combined total value = 78,619,887,500
Strike 205 has a total call value of 242,550,000 versus a total put value of 74,914,262,500 Combined total value = 75,156,812,500
Strike 207.5 has a total call value of 363,825,000 versus a total put value of 71,332,800,000 Combined total value = 71,696,625,000
Strike 210 has a total call value of 485,100,000 versus a total put value of 67,751,337,500 Combined total value = 68,236,437,500
Strike 212.5 has a total call value of 606,375,000 versus a total put value of 64,201,637,500 Combined total value = 64,808,012,500
Strike 215 has a total call value of 727,650,000 versus a total put value of 60,651,937,500 Combined total value = 61,379,587,500
Strike 217.5 has a total call value of 848,925,000 versus a total put value of 57,106,087,500 Combined total value = 57,955,012,500
Strike 220 has a total call value of 970,200,000 versus a total put value of 53,560,237,500 Combined total value = 54,530,437,500
Strike 222.5 has a total call value of 1,091,475,000 versus a total put value of 50,138,550,000 Combined total value = 51,230,025,000
Strike 225 has a total call value of 1,212,750,000 versus a total put value of 46,716,862,500 Combined total value = 47,929,612,500
Strike 227.5 has a total call value of 1,334,025,000 versus a total put value of 43,295,175,000 Combined total value = 44,629,200,000
Strike 230 has a total call value of 1,457,225,000 versus a total put value of 39,873,487,500 Combined total value = 41,330,712,500
Strike 232.5 has a total call value of 1,580,425,000 versus a total put value of 36,451,800,000 Combined total value = 38,032,225,000
Strike 235 has a total call value of 1,703,625,000 versus a total put value of 33,050,325,000 Combined total value = 34,753,950,000
Strike 237.5 has a total call value of 1,826,825,000 versus a total put value of 29,765,312,500 Combined total value = 31,592,137,500
Strike 240 has a total call value of 1,950,025,000 versus a total put value of 26,480,300,000 Combined total value = 28,430,325,000
Strike 242.5 has a total call value of 2,095,362,500 versus a total put value of 23,374,312,500 Combined total value = 25,469,675,000
Strike 245 has a total call value of 2,240,700,000 versus a total put value of 20,268,325,000 Combined total value = 22,509,025,000
Strike 247.5 has a total call value of 2,386,037,500 versus a total put value of 17,433,762,500 Combined total value = 19,819,800,000
Strike 250 has a total call value of 2,531,375,000 versus a total put value of 14,653,100,000 Combined total value = 17,184,475,000
Strike 252.5 has a total call value of 2,792,212,500 versus a total put value of 12,749,275,000 Combined total value = 15,541,487,500
Strike 255 has a total call value of 3,072,300,000 versus a total put value of 10,885,875,000 Combined total value = 13,958,175,000
Strike 257.5 has a total call value of 3,430,350,000 versus a total put value of 9,334,325,000 Combined total value = 12,764,675,000
Strike 260 has a total call value of 3,829,787,500 versus a total put value of 7,818,387,500 Combined total value = 11,648,175,000
Strike 262.5 has a total call value of 4,504,500,000 versus a total put value of 6,607,562,500 Combined total value = 11,112,062,500
Strike 265 has a total call value of 5,247,550,000 versus a total put value of 5,463,150,000 Combined total value = 10,710,700,000
Strike 267.5 has a total call value of 6,209,087,500 versus a total put value of 4,445,787,500 Combined total value = 10,654,875,000
Strike 270 has a total call value of 7,279,387,500 versus a total put value of 3,534,300,000 Combined total value = 10,813,687,500
Strike 272.5 has a total call value of 9,006,112,500 versus a total put value of 2,757,562,500 Combined total value = 11,763,675,000
Strike 275 has a total call value of 10,840,637,500 versus a total put value of 2,061,675,000 Combined total value = 12,902,312,500
Strike 277.5 has a total call value of 12,996,637,500 versus a total put value of 1,476,475,000 Combined total value = 14,473,112,500
Strike 280 has a total call value of 15,263,325,000 versus a total put value of 959,612,500 Combined total value = 16,222,937,500
Strike 282.5 has a total call value of 20,020,962,500 versus a total put value of 632,362,500 Combined total value = 20,653,325,000
Strike 285 has a total call value of 25,191,512,500 versus a total put value of 358,050,000 Combined total value = 25,549,562,500
Strike 287.5 has a total call value of 33,050,325,000 versus a total put value of 252,175,000 Combined total value = 33,302,500,000
Strike 290 has a total call value of 40,909,137,500 versus a total put value of 146,300,000 Combined total value = 41,055,437,500
Strike 292.5 has a total call value of 51,281,037,500 versus a total put value of 102,987,500 Combined total value = 51,384,025,000
Strike 295 has a total call value of 61,695,287,500 versus a total put value of 59,675,000 Combined total value = 61,754,962,500
Strike 297.5 has a total call value of 72,283,750,000 versus a total put value of 29,837,500 Combined total value = 72,313,587,500
Strike 300 has a total call value of 82,872,212,500 versus a total put value of 0 Combined total value = 82,872,212,500
Strike 302.5 has a total call value of 95,050,725,000 versus a total put value of 0 Combined total value = 95,050,725,000
Strike 305 has a total call value of 107,229,237,500 versus a total put value of 0 Combined total value = 107,229,237,500
Strike 307.5 has a total call value of 119,407,750,000 versus a total put value of 0 Combined total value = 119,407,750,000
Strike 310 has a total call value of 131,586,262,500 versus a total put value of 0 Combined total value = 131,586,262,500
Max Pain - Choose a symbol
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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.