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ONGC
OIL AND NATURAL GAS CORP.

275.4 -1.15 (-0.42%)

Max pain for ONGC

14 Jun 2024 04:07 PM IST

Max Pain for ONGC is 270  



Strike  192.5  has a total call value of 0  versus a total put value of  179,413,850,000 Combined total value = 179,413,850,000

Strike  195  has a total call value of 0  versus a total put value of  172,423,212,500 Combined total value = 172,423,212,500

Strike  197.5  has a total call value of 0  versus a total put value of  165,432,575,000 Combined total value = 165,432,575,000

Strike  200  has a total call value of 0  versus a total put value of  158,441,937,500 Combined total value = 158,441,937,500

Strike  202.5  has a total call value of 0  versus a total put value of  151,647,650,000 Combined total value = 151,647,650,000

Strike  205  has a total call value of 0  versus a total put value of  144,853,362,500 Combined total value = 144,853,362,500

Strike  207.5  has a total call value of 0  versus a total put value of  138,097,575,000 Combined total value = 138,097,575,000

Strike  210  has a total call value of 0  versus a total put value of  131,341,787,500 Combined total value = 131,341,787,500

Strike  212.5  has a total call value of 0  versus a total put value of  124,658,187,500 Combined total value = 124,658,187,500

Strike  215  has a total call value of 0  versus a total put value of  117,974,587,500 Combined total value = 117,974,587,500

Strike  217.5  has a total call value of 0  versus a total put value of  111,376,650,000 Combined total value = 111,376,650,000

Strike  220  has a total call value of 0  versus a total put value of  104,778,712,500 Combined total value = 104,778,712,500

Strike  222.5  has a total call value of 0  versus a total put value of  98,446,425,000 Combined total value = 98,446,425,000

Strike  225  has a total call value of 0  versus a total put value of  92,131,462,500 Combined total value = 92,131,462,500

Strike  227.5  has a total call value of 0  versus a total put value of  85,980,606,250 Combined total value = 85,980,606,250

Strike  230  has a total call value of 0  versus a total put value of  79,829,750,000 Combined total value = 79,829,750,000

Strike  232.5  has a total call value of 0  versus a total put value of  73,970,531,250 Combined total value = 73,970,531,250

Strike  235  has a total call value of 0  versus a total put value of  68,160,881,250 Combined total value = 68,160,881,250

Strike  237.5  has a total call value of 0  versus a total put value of  62,447,481,250 Combined total value = 62,447,481,250

Strike  240  has a total call value of 0  versus a total put value of  56,734,081,250 Combined total value = 56,734,081,250

Strike  242.5  has a total call value of 73,631,250  versus a total put value of  51,406,162,500 Combined total value = 51,479,793,750

Strike  245  has a total call value of 147,262,500  versus a total put value of  46,155,725,000 Combined total value = 46,302,987,500

Strike  247.5  has a total call value of 295,006,250  versus a total put value of  41,056,400,000 Combined total value = 41,351,406,250

Strike  250  has a total call value of 473,068,750  versus a total put value of  35,957,075,000 Combined total value = 36,430,143,750

Strike  252.5  has a total call value of 925,443,750  versus a total put value of  31,540,643,750 Combined total value = 32,466,087,500

Strike  255  has a total call value of 1,401,400,000  versus a total put value of  27,189,181,250 Combined total value = 28,590,581,250

Strike  257.5  has a total call value of 2,144,931,250  versus a total put value of  23,057,168,750 Combined total value = 25,202,100,000

Strike  260  has a total call value of 2,941,881,250  versus a total put value of  19,008,893,750 Combined total value = 21,950,775,000

Strike  262.5  has a total call value of 4,064,156,250  versus a total put value of  15,639,181,250 Combined total value = 19,703,337,500

Strike  265  has a total call value of 5,248,993,750  versus a total put value of  12,395,556,250 Combined total value = 17,644,550,000

Strike  267.5  has a total call value of 6,663,868,750  versus a total put value of  9,486,881,250 Combined total value = 16,150,750,000

Strike  270  has a total call value of 8,174,031,250  versus a total put value of  6,781,775,000 Combined total value = 14,955,806,250

Strike  272.5  has a total call value of 12,264,656,250  versus a total put value of  5,050,237,500 Combined total value = 17,314,893,750

Strike  275  has a total call value of 16,548,743,750  versus a total put value of  3,519,862,500 Combined total value = 20,068,606,250

Strike  277.5  has a total call value of 22,180,812,500  versus a total put value of  2,414,912,500 Combined total value = 24,595,725,000

Strike  280  has a total call value of 28,226,275,000  versus a total put value of  1,378,781,250 Combined total value = 29,605,056,250

Strike  282.5  has a total call value of 38,524,062,500  versus a total put value of  898,012,500 Combined total value = 39,422,075,000

Strike  285  has a total call value of 49,055,256,250  versus a total put value of  468,737,500 Combined total value = 49,523,993,750

Strike  287.5  has a total call value of 60,548,950,000  versus a total put value of  221,856,250 Combined total value = 60,770,806,250

Strike  290  has a total call value of 72,380,481,250  versus a total put value of  59,193,750 Combined total value = 72,439,675,000

Strike  292.5  has a total call value of 86,700,075,000  versus a total put value of  20,693,750 Combined total value = 86,720,768,750

Strike  295  has a total call value of 101,267,993,750  versus a total put value of  2,406,250 Combined total value = 101,270,400,000

Strike  297.5  has a total call value of 117,023,637,500  versus a total put value of  0 Combined total value = 117,023,637,500

Strike  300  has a total call value of 132,882,750,000  versus a total put value of  0 Combined total value = 132,882,750,000

Strike  302.5  has a total call value of 151,911,375,000  versus a total put value of  0 Combined total value = 151,911,375,000

Strike  305  has a total call value of 171,019,887,500  versus a total put value of  0 Combined total value = 171,019,887,500

Strike  307.5  has a total call value of 190,357,475,000  versus a total put value of  0 Combined total value = 190,357,475,000

Strike  310  has a total call value of 209,768,212,500  versus a total put value of  0 Combined total value = 209,768,212,500

Strike  312.5  has a total call value of 229,746,825,000  versus a total put value of  0 Combined total value = 229,746,825,000

Strike  315  has a total call value of 249,748,537,500  versus a total put value of  0 Combined total value = 249,748,537,500

Strike  317.5  has a total call value of 269,899,437,500  versus a total put value of  0 Combined total value = 269,899,437,500

Strike  320  has a total call value of 290,087,393,750  versus a total put value of  0 Combined total value = 290,087,393,750

Strike  322.5  has a total call value of 310,759,968,750  versus a total put value of  0 Combined total value = 310,759,968,750

Strike  325  has a total call value of 331,432,543,750  versus a total put value of  0 Combined total value = 331,432,543,750

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.