ONGC
Oil And Natural Gas Corp.
Max pain for ONGC
12 May 2025 04:11 PM IST
Max Pain for ONGC is 240
Strike 175 has a total call value of 0 versus a total put value of 146,683,075,000 Combined total value = 146,683,075,000
Strike 177.5 has a total call value of 0 versus a total put value of 140,265,125,000 Combined total value = 140,265,125,000
Strike 180 has a total call value of 0 versus a total put value of 133,847,656,250 Combined total value = 133,847,656,250
Strike 182.5 has a total call value of 0 versus a total put value of 127,531,250,000 Combined total value = 127,531,250,000
Strike 185 has a total call value of 0 versus a total put value of 121,214,843,750 Combined total value = 121,214,843,750
Strike 187.5 has a total call value of 0 versus a total put value of 115,019,712,500 Combined total value = 115,019,712,500
Strike 190 has a total call value of 0 versus a total put value of 108,824,581,250 Combined total value = 108,824,581,250
Strike 192.5 has a total call value of 0 versus a total put value of 102,629,450,000 Combined total value = 102,629,450,000
Strike 195 has a total call value of 0 versus a total put value of 96,455,493,750 Combined total value = 96,455,493,750
Strike 197.5 has a total call value of 0 versus a total put value of 90,375,381,250 Combined total value = 90,375,381,250
Strike 200 has a total call value of 0 versus a total put value of 84,322,700,000 Combined total value = 84,322,700,000
Strike 202.5 has a total call value of 15,400,000 versus a total put value of 78,669,937,500 Combined total value = 78,685,337,500
Strike 205 has a total call value of 30,800,000 versus a total put value of 73,041,718,750 Combined total value = 73,072,518,750
Strike 207.5 has a total call value of 46,200,000 versus a total put value of 67,526,593,750 Combined total value = 67,572,793,750
Strike 210 has a total call value of 61,600,000 versus a total put value of 62,058,631,250 Combined total value = 62,120,231,250
Strike 212.5 has a total call value of 77,000,000 versus a total put value of 56,786,537,500 Combined total value = 56,863,537,500
Strike 215 has a total call value of 92,400,000 versus a total put value of 51,585,187,500 Combined total value = 51,677,587,500
Strike 217.5 has a total call value of 128,493,750 versus a total put value of 46,792,900,000 Combined total value = 46,921,393,750
Strike 220 has a total call value of 164,587,500 versus a total put value of 42,092,050,000 Combined total value = 42,256,637,500
Strike 222.5 has a total call value of 247,843,750 versus a total put value of 37,759,356,250 Combined total value = 38,007,200,000
Strike 225 has a total call value of 363,825,000 versus a total put value of 33,512,806,250 Combined total value = 33,876,631,250
Strike 227.5 has a total call value of 528,893,750 versus a total put value of 29,459,718,750 Combined total value = 29,988,612,500
Strike 230 has a total call value of 720,431,250 versus a total put value of 25,506,250,000 Combined total value = 26,226,681,250
Strike 232.5 has a total call value of 1,104,468,750 versus a total put value of 22,019,112,500 Combined total value = 23,123,581,250
Strike 235 has a total call value of 1,558,768,750 versus a total put value of 18,765,381,250 Combined total value = 20,324,150,000
Strike 237.5 has a total call value of 2,283,050,000 versus a total put value of 15,899,537,500 Combined total value = 18,182,587,500
Strike 240 has a total call value of 3,105,987,500 versus a total put value of 13,267,100,000 Combined total value = 16,373,087,500
Strike 242.5 has a total call value of 6,475,218,750 versus a total put value of 11,299,268,750 Combined total value = 17,774,487,500
Strike 245 has a total call value of 10,011,925,000 versus a total put value of 9,453,675,000 Combined total value = 19,465,600,000
Strike 247.5 has a total call value of 14,823,462,500 versus a total put value of 8,067,193,750 Combined total value = 22,890,656,250
Strike 250 has a total call value of 20,435,800,000 versus a total put value of 6,796,212,500 Combined total value = 27,232,012,500
Strike 252.5 has a total call value of 28,496,256,250 versus a total put value of 5,895,312,500 Combined total value = 34,391,568,750
Strike 255 has a total call value of 37,314,681,250 versus a total put value of 5,049,756,250 Combined total value = 42,364,437,500
Strike 257.5 has a total call value of 46,706,756,250 versus a total put value of 4,294,675,000 Combined total value = 51,001,431,250
Strike 260 has a total call value of 56,203,262,500 versus a total put value of 3,574,725,000 Combined total value = 59,777,987,500
Strike 262.5 has a total call value of 66,643,500,000 versus a total put value of 3,008,293,750 Combined total value = 69,651,793,750
Strike 265 has a total call value of 77,192,500,000 versus a total put value of 2,474,106,250 Combined total value = 79,666,606,250
Strike 267.5 has a total call value of 88,075,968,750 versus a total put value of 1,993,337,500 Combined total value = 90,069,306,250
Strike 270 has a total call value of 99,037,400,000 versus a total put value of 1,549,143,750 Combined total value = 100,586,543,750
Strike 272.5 has a total call value of 110,928,606,250 versus a total put value of 1,240,662,500 Combined total value = 112,169,268,750
Strike 275 has a total call value of 122,892,481,250 versus a total put value of 958,650,000 Combined total value = 123,851,131,250
Strike 277.5 has a total call value of 135,138,368,750 versus a total put value of 718,987,500 Combined total value = 135,857,356,250
Strike 280 has a total call value of 147,384,256,250 versus a total put value of 479,325,000 Combined total value = 147,863,581,250
Strike 282.5 has a total call value of 160,186,950,000 versus a total put value of 239,662,500 Combined total value = 160,426,612,500
Strike 285 has a total call value of 172,989,643,750 versus a total put value of 0 Combined total value = 172,989,643,750
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 468.6 | 450 |
ABB | 5587 | 5600 |
ABCAPITAL | 205.54 | 200 |
ABFRL | 268.85 | 270 |
ACC | 1858.8 | 1900 |
ADANIENSOL | 894.3 | 900 |
ADANIENT | 2425.3 | 2460 |
ADANIGREEN | 940.55 | 940 |
ADANIPORTS | 1362.1 | 1300 |
ALKEM | 5020.5 | 5000 |
AMBUJACEM | 541.65 | 550 |
ANGELONE | 2487 | 2400 |
APLAPOLLO | 1712.8 | 1660 |
APOLLOHOSP | 6926 | 6950 |
APOLLOTYRE | 481 | 475 |
ASHOKLEY | 231.28 | 225 |
ASIANPAINT | 2356.4 | 2380 |
ASTRAL | 1330.3 | 1340 |
ATGL | 631.1 | 630 |
AUBANK | 703.4 | 670 |
AUROPHARMA | 1205.9 | 1200 |
AXISBANK | 1203 | 1180 |
BAJAJ-AUTO | 8039.5 | 8000 |
BAJAJFINSV | 2050.4 | 2020 |
BAJFINANCE | 9018.5 | 9000 |
BALKRISIND | 2751.3 | 2720 |
BANDHANBNK | 163.57 | 165 |
BANKBARODA | 226.85 | 230 |
BANKINDIA | 110.09 | 110 |
BEL | 322.8 | 315 |
BHARATFORG | 1199.2 | 1140 |
BHARTIARTL | 1870.8 | 1860 |
BHEL | 232.95 | 230 |
BIOCON | 328.15 | 330 |
BOSCHLTD | 31005 | 30000 |
BPCL | 309.05 | 310 |
BRITANNIA | 5608.5 | 5500 |
BSE | 6955.5 | 6600 |
BSOFT | 420.45 | 400 |
CAMS | 3671.6 | 3750 |
CANBK | 100.86 | 99 |
CDSL | 1279 | 1300 |
CESC | 166.76 | 160 |
CGPOWER | 645.8 | 630 |
CHAMBLFERT | 689.35 | 690 |
CHOLAFIN | 1579.2 | 1540 |
CIPLA | 1511.6 | 1500 |
COALINDIA | 395.5 | 390 |
COFORGE | 8311.5 | 7500 |
COLPAL | 2611.6 | 2620 |
CONCOR | 688.25 | 700 |
CROMPTON | 335.5 | 335 |
CUMMINSIND | 2862.9 | 2900 |
CYIENT | 1258.4 | 1200 |
DABUR | 475.05 | 480 |
DALBHARAT | 1980.9 | 1940 |
DEEPAKNTR | 1981.1 | 2000 |
DELHIVERY | 311 | 305 |
DIVISLAB | 5942 | 6000 |
DIXON | 16073 | 16000 |
DLF | 680.5 | 670 |
DMART | 4023.5 | 4100 |
DRREDDY | 1195.6 | 1170 |
EICHERMOT | 5520 | 5550 |
ESCORTS | 3413.1 | 3300 |
ETERNAL | 239.5 | 230 |
EXIDEIND | 378.05 | 380 |
FEDERALBNK | 194.45 | 195 |
GAIL | 187.8 | 192.5 |
GLENMARK | 1381.7 | 1400 |
GMRAIRPORT | 88.06 | 87 |
GODREJCP | 1289.5 | 1260 |
GODREJPROP | 2146.8 | 2150 |
GRANULES | 460.15 | 460 |
GRASIM | 2742.8 | 2700 |
HAL | 4439.7 | 4500 |
HAVELLS | 1583.1 | 1600 |
HCLTECH | 1670.3 | 1600 |
HDFCAMC | 4529.1 | 4450 |
HDFCBANK | 1957.2 | 1940 |
HDFCLIFE | 734.6 | 720 |
HEROMOTOCO | 3984.9 | 3900 |
HFCL | 81.9 | 80 |
HINDALCO | 651.95 | 640 |
HINDCOPPER | 225.06 | 220 |
HINDPETRO | 388.8 | 395 |
HINDUNILVR | 2382.5 | 2380 |
HINDZINC | 434.95 | 430 |
HUDCO | 224.47 | 220 |
ICICIBANK | 1448.5 | 1430 |
ICICIGI | 1836.7 | 1840 |
ICICIPRULI | 604 | 600 |
IDEA | 7.07 | 8 |
IDFCFIRSTB | 69.08 | 66 |
IEX | 194.95 | 192.5 |
IGL | 205.28 | 195 |
IIFL | 388.15 | 370 |
INDHOTEL | 769.15 | 760 |
INDIANB | 572.1 | 570 |
INDIGO | 5476.5 | 5350 |
INDUSINDBK | 788.5 | 820 |
INDUSTOWER | 397.4 | 390 |
INFY | 1626.9 | 1540 |
INOXWIND | 170.05 | 170 |
IOC | 142.35 | 143 |
IRB | 47.81 | 46 |
IRCTC | 763.45 | 770 |
IREDA | 168 | 165 |
IRFC | 125.53 | 125 |
ITC | 435.5 | 430 |
JINDALSTEL | 904.75 | 900 |
JIOFIN | 262.9 | 260 |
JSL | 610 | 600 |
JSWENERGY | 481.1 | 480 |
JSWSTEEL | 1005.2 | 1000 |
JUBLFOOD | 696.1 | 700 |
KALYANKJIL | 538.15 | 520 |
KEI | 3386 | 3200 |
KOTAKBANK | 2145 | 2140 |
KPITTECH | 1325.1 | 1260 |
LAURUSLABS | 593.45 | 610 |
LICHSGFIN | 601.5 | 600 |
LICI | 815.45 | 800 |
LODHA | 1305.4 | 1300 |
LT | 3587.2 | 3440 |
LTF | 171.2 | 165 |
LTIM | 4940.4 | 4650 |
LUPIN | 2039.8 | 2040 |
M&M | 3104.7 | 3000 |
M&MFIN | 256.85 | 265 |
MANAPPURAM | 230.73 | 230 |
MARICO | 738.1 | 720 |
MARUTI | 12616 | 12000 |
MAXHEALTH | 1159.9 | 1140 |
MCX | 6061.5 | 6000 |
MFSL | 1293 | 1280 |
MGL | 1409.2 | 1360 |
MOTHERSON | 145.06 | 140 |
MPHASIS | 2532.4 | 2500 |
MRF | 139925 | 138000 |
MUTHOOTFIN | 2256.4 | 2200 |
NATIONALUM | 168.95 | 170 |
NAUKRI | 1476 | 1440 |
NBCC | 99.81 | 98 |
NCC | 220.37 | 217.5 |
NESTLEIND | 2383.8 | 2380 |
NHPC | 83.3 | 84 |
NMDC | 68.08 | 68 |
NTPC | 348.55 | 345 |
NYKAA | 198.97 | 195 |
OBEROIRLTY | 1617.7 | 1620 |
OFSS | 8714 | 8400 |
OIL | 416.45 | 400 |
ONGC | 244.02 | 240 |
PAGEIND | 47050 | 46000 |
PATANJALI | 1818.9 | 1860 |
PAYTM | 866.05 | 860 |
PEL | 1062.3 | 1020 |
PERSISTENT | 5876.5 | 5400 |
PETRONET | 314.3 | 310 |
PFC | 413.95 | 420 |
PHOENIXLTD | 1523.8 | 1550 |
PIDILITIND | 3076.5 | 3020 |
PIIND | 3708.4 | 3700 |
PNB | 95.78 | 96 |
PNBHOUSING | 1070.8 | 1060 |
POLICYBZR | 1698 | 1640 |
POLYCAB | 5992.5 | 5800 |
POONAWALLA | 385.55 | 380 |
POWERGRID | 309.05 | 310 |
PRESTIGE | 1366.1 | 1360 |
RAMCOCEM | 952.3 | 950 |
RBLBANK | 205.82 | 200 |
RECLTD | 412.65 | 420 |
RELIANCE | 1436.5 | 1380 |
SAIL | 118.24 | 117.5 |
SBICARD | 898.15 | 890 |
SBILIFE | 1751.5 | 1720 |
SBIN | 801.65 | 800 |
SHREECEM | 30135 | 30000 |
SHRIRAMFIN | 645.95 | 620 |
SIEMENS | 2895.9 | 2900 |
SJVN | 96.48 | 95 |
SOLARINDS | 13289 | 13000 |
SONACOMS | 519.8 | 490 |
SRF | 3014.5 | 3000 |
SUNPHARMA | 1686.2 | 1700 |
SUPREMEIND | 3580.1 | 3500 |
SYNGENE | 625.6 | 630 |
TATACHEM | 848.75 | 860 |
TATACOMM | 1567.4 | 1600 |
TATACONSUM | 1145.6 | 1130 |
TATAELXSI | 6100 | 5750 |
TATAMOTORS | 720.8 | 700 |
TATAPOWER | 391.4 | 400 |
TATASTEEL | 151.63 | 145 |
TATATECH | 701.05 | 670 |
TCS | 3620.4 | 3480 |
TECHM | 1573.1 | 1500 |
TIINDIA | 2961.9 | 2850 |
TITAGARH | 744.25 | 740 |
TITAN | 3562.9 | 3480 |
TORNTPHARM | 3237.7 | 3250 |
TORNTPOWER | 1465.2 | 1460 |
TRENT | 5441 | 5300 |
TVSMOTOR | 2760.7 | 2740 |
ULTRACEMCO | 11736 | 11800 |
UNIONBANK | 128.11 | 125 |
UNITDSPR | 1564.2 | 1560 |
UPL | 676.85 | 670 |
VBL | 513.85 | 510 |
VEDL | 436.05 | 430 |
VOLTAS | 1265.7 | 1260 |
WIPRO | 257.28 | 245 |
YESBANK | 20.41 | 19 |
ZOMATO | 0 | 80 |
ZYDUSLIFE | 884.85 | 880 |
Note:
Stock LTP > Max Pain | Bearish Trend |
Stock LTP < Max Pain | Bullish Trend |
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.