ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
19 Mar 2024 10:33 AM IST
Max Pain for ONGC is 260
Strike 180 has a total call value of 0 versus a total put value of 181,454,350,000 Combined total value = 181,454,350,000
Strike 182.5 has a total call value of 1,925,000 versus a total put value of 175,320,337,500 Combined total value = 175,322,262,500
Strike 185 has a total call value of 3,850,000 versus a total put value of 169,186,325,000 Combined total value = 169,190,175,000
Strike 187.5 has a total call value of 5,775,000 versus a total put value of 163,052,312,500 Combined total value = 163,058,087,500
Strike 190 has a total call value of 7,700,000 versus a total put value of 156,918,300,000 Combined total value = 156,926,000,000
Strike 192.5 has a total call value of 9,625,000 versus a total put value of 150,784,287,500 Combined total value = 150,793,912,500
Strike 195 has a total call value of 11,550,000 versus a total put value of 144,650,275,000 Combined total value = 144,661,825,000
Strike 197.5 has a total call value of 13,475,000 versus a total put value of 138,516,262,500 Combined total value = 138,529,737,500
Strike 200 has a total call value of 15,400,000 versus a total put value of 132,382,250,000 Combined total value = 132,397,650,000
Strike 202.5 has a total call value of 17,325,000 versus a total put value of 126,248,237,500 Combined total value = 126,265,562,500
Strike 205 has a total call value of 19,250,000 versus a total put value of 120,114,225,000 Combined total value = 120,133,475,000
Strike 207.5 has a total call value of 21,175,000 versus a total put value of 113,980,212,500 Combined total value = 114,001,387,500
Strike 210 has a total call value of 23,100,000 versus a total put value of 107,846,200,000 Combined total value = 107,869,300,000
Strike 212.5 has a total call value of 25,025,000 versus a total put value of 101,712,187,500 Combined total value = 101,737,212,500
Strike 215 has a total call value of 26,950,000 versus a total put value of 95,586,837,500 Combined total value = 95,613,787,500
Strike 217.5 has a total call value of 28,875,000 versus a total put value of 89,461,487,500 Combined total value = 89,490,362,500
Strike 220 has a total call value of 30,800,000 versus a total put value of 83,381,375,000 Combined total value = 83,412,175,000
Strike 222.5 has a total call value of 32,725,000 versus a total put value of 77,428,312,500 Combined total value = 77,461,037,500
Strike 225 has a total call value of 34,650,000 versus a total put value of 71,475,250,000 Combined total value = 71,509,900,000
Strike 227.5 has a total call value of 36,575,000 versus a total put value of 65,609,775,000 Combined total value = 65,646,350,000
Strike 230 has a total call value of 38,500,000 versus a total put value of 59,744,300,000 Combined total value = 59,782,800,000
Strike 232.5 has a total call value of 40,425,000 versus a total put value of 54,118,487,500 Combined total value = 54,158,912,500
Strike 235 has a total call value of 42,350,000 versus a total put value of 48,531,175,000 Combined total value = 48,573,525,000
Strike 237.5 has a total call value of 44,275,000 versus a total put value of 43,128,662,500 Combined total value = 43,172,937,500
Strike 240 has a total call value of 46,200,000 versus a total put value of 37,766,575,000 Combined total value = 37,812,775,000
Strike 242.5 has a total call value of 48,125,000 versus a total put value of 32,777,937,500 Combined total value = 32,826,062,500
Strike 245 has a total call value of 52,937,500 versus a total put value of 27,874,000,000 Combined total value = 27,926,937,500
Strike 247.5 has a total call value of 84,700,000 versus a total put value of 23,401,262,500 Combined total value = 23,485,962,500
Strike 250 has a total call value of 116,462,500 versus a total put value of 19,033,437,500 Combined total value = 19,149,900,000
Strike 252.5 has a total call value of 421,575,000 versus a total put value of 16,018,887,500 Combined total value = 16,440,462,500
Strike 255 has a total call value of 752,675,000 versus a total put value of 13,096,737,500 Combined total value = 13,849,412,500
Strike 257.5 has a total call value of 1,305,150,000 versus a total put value of 10,759,787,500 Combined total value = 12,064,937,500
Strike 260 has a total call value of 1,962,537,500 versus a total put value of 8,519,087,500 Combined total value = 10,481,625,000
Strike 262.5 has a total call value of 3,536,225,000 versus a total put value of 6,999,300,000 Combined total value = 10,535,525,000
Strike 265 has a total call value of 5,280,275,000 versus a total put value of 5,549,775,000 Combined total value = 10,830,050,000
Strike 267.5 has a total call value of 7,784,700,000 versus a total put value of 4,312,962,500 Combined total value = 12,097,662,500
Strike 270 has a total call value of 10,433,500,000 versus a total put value of 3,076,150,000 Combined total value = 13,509,650,000
Strike 272.5 has a total call value of 14,744,537,500 versus a total put value of 2,316,737,500 Combined total value = 17,061,275,000
Strike 275 has a total call value of 19,315,450,000 versus a total put value of 1,557,325,000 Combined total value = 20,872,775,000
Strike 277.5 has a total call value of 24,819,987,500 versus a total put value of 995,225,000 Combined total value = 25,815,212,500
Strike 280 has a total call value of 30,635,412,500 versus a total put value of 433,125,000 Combined total value = 31,068,537,500
Strike 282.5 has a total call value of 40,104,487,500 versus a total put value of 216,562,500 Combined total value = 40,321,050,000
Strike 285 has a total call value of 49,968,187,500 versus a total put value of 0 Combined total value = 49,968,187,500
Strike 287.5 has a total call value of 62,736,712,500 versus a total put value of 0 Combined total value = 62,736,712,500
Strike 290 has a total call value of 75,675,600,000 versus a total put value of 0 Combined total value = 75,675,600,000
Strike 292.5 has a total call value of 91,431,725,000 versus a total put value of 0 Combined total value = 91,431,725,000
Strike 295 has a total call value of 107,275,437,500 versus a total put value of 0 Combined total value = 107,275,437,500
Strike 297.5 has a total call value of 123,370,362,500 versus a total put value of 0 Combined total value = 123,370,362,500
Strike 300 has a total call value of 139,588,487,500 versus a total put value of 0 Combined total value = 139,588,487,500
Strike 302.5 has a total call value of 158,906,825,000 versus a total put value of 0 Combined total value = 158,906,825,000
Strike 305 has a total call value of 178,344,512,500 versus a total put value of 0 Combined total value = 178,344,512,500
Strike 307.5 has a total call value of 198,059,400,000 versus a total put value of 0 Combined total value = 198,059,400,000
Strike 310 has a total call value of 217,774,287,500 versus a total put value of 0 Combined total value = 217,774,287,500
Strike 312.5 has a total call value of 238,668,237,500 versus a total put value of 0 Combined total value = 238,668,237,500
Strike 315 has a total call value of 259,562,187,500 versus a total put value of 0 Combined total value = 259,562,187,500
Strike 317.5 has a total call value of 280,747,775,000 versus a total put value of 0 Combined total value = 280,747,775,000
Strike 320 has a total call value of 301,933,362,500 versus a total put value of 0 Combined total value = 301,933,362,500
Max Pain - Choose a symbol
Index
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B
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.