ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
29 Nov 2023 04:17 PM IST
Max Pain for ONGC is 184.25
Strike 154.25 has a total call value of 0 versus a total put value of 116,588,106,250 Combined total value = 116,588,106,250
Strike 155 has a total call value of 1,155,000 versus a total put value of 113,745,651,250 Combined total value = 113,746,806,250
Strike 155.25 has a total call value of 1,540,000 versus a total put value of 112,798,166,250 Combined total value = 112,799,706,250
Strike 156 has a total call value of 2,695,000 versus a total put value of 109,955,711,250 Combined total value = 109,958,406,250
Strike 156.25 has a total call value of 3,080,000 versus a total put value of 109,008,226,250 Combined total value = 109,011,306,250
Strike 157 has a total call value of 4,235,000 versus a total put value of 106,165,771,250 Combined total value = 106,170,006,250
Strike 157.25 has a total call value of 4,620,000 versus a total put value of 105,218,286,250 Combined total value = 105,222,906,250
Strike 158 has a total call value of 5,775,000 versus a total put value of 102,375,831,250 Combined total value = 102,381,606,250
Strike 158.25 has a total call value of 6,160,000 versus a total put value of 101,428,346,250 Combined total value = 101,434,506,250
Strike 159 has a total call value of 7,315,000 versus a total put value of 98,585,891,250 Combined total value = 98,593,206,250
Strike 159.25 has a total call value of 7,700,000 versus a total put value of 97,638,406,250 Combined total value = 97,646,106,250
Strike 160 has a total call value of 8,855,000 versus a total put value of 94,795,951,250 Combined total value = 94,804,806,250
Strike 160.25 has a total call value of 9,240,000 versus a total put value of 93,848,466,250 Combined total value = 93,857,706,250
Strike 161 has a total call value of 10,395,000 versus a total put value of 91,006,011,250 Combined total value = 91,016,406,250
Strike 161.25 has a total call value of 10,780,000 versus a total put value of 90,058,526,250 Combined total value = 90,069,306,250
Strike 162 has a total call value of 11,935,000 versus a total put value of 87,216,071,250 Combined total value = 87,228,006,250
Strike 162.25 has a total call value of 12,320,000 versus a total put value of 86,268,586,250 Combined total value = 86,280,906,250
Strike 163 has a total call value of 13,475,000 versus a total put value of 83,426,131,250 Combined total value = 83,439,606,250
Strike 163.25 has a total call value of 13,860,000 versus a total put value of 82,478,646,250 Combined total value = 82,492,506,250
Strike 164 has a total call value of 15,015,000 versus a total put value of 79,636,191,250 Combined total value = 79,651,206,250
Strike 164.25 has a total call value of 15,400,000 versus a total put value of 78,688,706,250 Combined total value = 78,704,106,250
Strike 165 has a total call value of 16,555,000 versus a total put value of 75,846,251,250 Combined total value = 75,862,806,250
Strike 165.25 has a total call value of 16,940,000 versus a total put value of 74,898,766,250 Combined total value = 74,915,706,250
Strike 166 has a total call value of 18,095,000 versus a total put value of 72,056,311,250 Combined total value = 72,074,406,250
Strike 166.25 has a total call value of 18,480,000 versus a total put value of 71,108,826,250 Combined total value = 71,127,306,250
Strike 167 has a total call value of 19,635,000 versus a total put value of 68,266,371,250 Combined total value = 68,286,006,250
Strike 167.25 has a total call value of 20,020,000 versus a total put value of 67,318,886,250 Combined total value = 67,338,906,250
Strike 168 has a total call value of 21,175,000 versus a total put value of 64,476,431,250 Combined total value = 64,497,606,250
Strike 168.25 has a total call value of 21,560,000 versus a total put value of 63,528,946,250 Combined total value = 63,550,506,250
Strike 169 has a total call value of 22,715,000 versus a total put value of 60,686,491,250 Combined total value = 60,709,206,250
Strike 169.25 has a total call value of 23,100,000 versus a total put value of 59,739,006,250 Combined total value = 59,762,106,250
Strike 170 has a total call value of 29,741,250 versus a total put value of 56,940,152,500 Combined total value = 56,969,893,750
Strike 170.25 has a total call value of 31,955,000 versus a total put value of 56,007,201,250 Combined total value = 56,039,156,250
Strike 171 has a total call value of 38,596,250 versus a total put value of 53,213,833,750 Combined total value = 53,252,430,000
Strike 171.25 has a total call value of 40,810,000 versus a total put value of 52,282,711,250 Combined total value = 52,323,521,250
Strike 172 has a total call value of 47,451,250 versus a total put value of 49,489,343,750 Combined total value = 49,536,795,000
Strike 172.25 has a total call value of 49,665,000 versus a total put value of 48,558,221,250 Combined total value = 48,607,886,250
Strike 173 has a total call value of 56,306,250 versus a total put value of 45,764,853,750 Combined total value = 45,821,160,000
Strike 173.25 has a total call value of 58,520,000 versus a total put value of 44,833,731,250 Combined total value = 44,892,251,250
Strike 174 has a total call value of 65,161,250 versus a total put value of 42,040,363,750 Combined total value = 42,105,525,000
Strike 174.25 has a total call value of 67,375,000 versus a total put value of 41,109,241,250 Combined total value = 41,176,616,250
Strike 175 has a total call value of 99,426,250 versus a total put value of 38,407,118,750 Combined total value = 38,506,545,000
Strike 175.25 has a total call value of 110,110,000 versus a total put value of 37,506,411,250 Combined total value = 37,616,521,250
Strike 176 has a total call value of 142,161,250 versus a total put value of 34,822,480,000 Combined total value = 34,964,641,250
Strike 176.25 has a total call value of 152,845,000 versus a total put value of 33,927,836,250 Combined total value = 34,080,681,250
Strike 177 has a total call value of 184,896,250 versus a total put value of 31,243,905,000 Combined total value = 31,428,801,250
Strike 177.25 has a total call value of 195,580,000 versus a total put value of 30,349,261,250 Combined total value = 30,544,841,250
Strike 178 has a total call value of 248,710,000 versus a total put value of 27,665,330,000 Combined total value = 27,914,040,000
Strike 178.25 has a total call value of 266,420,000 versus a total put value of 26,770,686,250 Combined total value = 27,037,106,250
Strike 179 has a total call value of 319,550,000 versus a total put value of 24,086,755,000 Combined total value = 24,406,305,000
Strike 179.25 has a total call value of 337,260,000 versus a total put value of 23,192,111,250 Combined total value = 23,529,371,250
Strike 180 has a total call value of 525,813,750 versus a total put value of 20,728,207,500 Combined total value = 21,254,021,250
Strike 180.25 has a total call value of 588,665,000 versus a total put value of 19,906,906,250 Combined total value = 20,495,571,250
Strike 181 has a total call value of 998,690,000 versus a total put value of 17,566,587,500 Combined total value = 18,565,277,500
Strike 181.25 has a total call value of 1,135,365,000 versus a total put value of 16,786,481,250 Combined total value = 17,921,846,250
Strike 182 has a total call value of 1,727,591,250 versus a total put value of 14,572,635,000 Combined total value = 16,300,226,250
Strike 182.25 has a total call value of 1,925,000,000 versus a total put value of 13,834,686,250 Combined total value = 15,759,686,250
Strike 183 has a total call value of 3,179,041,250 versus a total put value of 11,819,211,250 Combined total value = 14,998,252,500
Strike 183.25 has a total call value of 3,597,055,000 versus a total put value of 11,147,386,250 Combined total value = 14,744,441,250
Strike 184 has a total call value of 4,969,195,000 versus a total put value of 9,221,423,750 Combined total value = 14,190,618,750
Strike 184.25 has a total call value of 5,426,575,000 versus a total put value of 8,579,436,250 Combined total value = 14,006,011,250
Strike 185 has a total call value of 8,336,020,000 versus a total put value of 7,592,200,000 Combined total value = 15,928,220,000
Strike 185.25 has a total call value of 9,305,835,000 versus a total put value of 7,263,121,250 Combined total value = 16,568,956,250
Strike 186 has a total call value of 12,325,582,500 versus a total put value of 6,362,798,750 Combined total value = 18,688,381,250
Strike 186.25 has a total call value of 13,332,165,000 versus a total put value of 6,062,691,250 Combined total value = 19,394,856,250
Strike 187 has a total call value of 16,409,085,000 versus a total put value of 5,224,161,250 Combined total value = 21,633,246,250
Strike 187.25 has a total call value of 17,434,725,000 versus a total put value of 4,952,351,250 Combined total value = 22,387,076,250
Strike 188 has a total call value of 20,577,768,750 versus a total put value of 4,206,221,250 Combined total value = 24,783,990,000
Strike 188.25 has a total call value of 21,627,567,500 versus a total put value of 3,962,901,250 Combined total value = 25,590,468,750
Strike 189 has a total call value of 24,858,680,000 versus a total put value of 3,288,958,750 Combined total value = 28,147,638,750
Strike 189.25 has a total call value of 25,935,717,500 versus a total put value of 3,069,893,750 Combined total value = 29,005,611,250
Strike 190 has a total call value of 29,381,948,750 versus a total put value of 2,576,708,750 Combined total value = 31,958,657,500
Strike 190.25 has a total call value of 30,545,033,750 versus a total put value of 2,423,478,750 Combined total value = 32,968,512,500
Strike 191 has a total call value of 34,091,750,000 versus a total put value of 2,007,678,750 Combined total value = 36,099,428,750
Strike 191.25 has a total call value of 35,280,726,250 versus a total put value of 1,873,121,250 Combined total value = 37,153,847,500
Strike 192 has a total call value of 38,890,390,000 versus a total put value of 1,494,570,000 Combined total value = 40,384,960,000
Strike 192.25 has a total call value of 40,104,583,750 versus a total put value of 1,374,257,500 Combined total value = 41,478,841,250
Strike 193 has a total call value of 43,797,696,250 versus a total put value of 1,043,350,000 Combined total value = 44,841,046,250
Strike 193.25 has a total call value of 45,044,518,750 versus a total put value of 937,186,250 Combined total value = 45,981,705,000
Strike 194 has a total call value of 48,836,961,250 versus a total put value of 647,570,000 Combined total value = 49,484,531,250
Strike 194.25 has a total call value of 50,119,203,750 versus a total put value of 553,052,500 Combined total value = 50,672,256,250
Strike 195 has a total call value of 54,636,120,000 versus a total put value of 420,516,250 Combined total value = 55,056,636,250
Strike 195.25 has a total call value of 56,170,633,750 versus a total put value of 378,455,000 Combined total value = 56,549,088,750
Strike 196 has a total call value of 60,899,781,250 versus a total put value of 274,505,000 Combined total value = 61,174,286,250
Strike 196.25 has a total call value of 62,482,805,000 versus a total put value of 239,855,000 Combined total value = 62,722,660,000
Strike 197 has a total call value of 67,688,967,500 versus a total put value of 172,287,500 Combined total value = 67,861,255,000
Strike 197.25 has a total call value of 69,435,327,500 versus a total put value of 149,765,000 Combined total value = 69,585,092,500
Strike 198 has a total call value of 75,101,468,750 versus a total put value of 102,987,500 Combined total value = 75,204,456,250
Strike 198.25 has a total call value of 77,000,866,250 versus a total put value of 87,395,000 Combined total value = 77,088,261,250
Strike 199 has a total call value of 82,831,306,250 versus a total put value of 53,033,750 Combined total value = 82,884,340,000
Strike 199.25 has a total call value of 84,774,786,250 versus a total put value of 41,580,000 Combined total value = 84,816,366,250
Strike 200 has a total call value of 91,709,117,500 versus a total put value of 35,805,000 Combined total value = 91,744,922,500
Strike 200.25 has a total call value of 94,040,870,000 versus a total put value of 33,880,000 Combined total value = 94,074,750,000
Strike 201 has a total call value of 101,098,208,750 versus a total put value of 28,105,000 Combined total value = 101,126,313,750
Strike 201.25 has a total call value of 103,450,655,000 versus a total put value of 26,180,000 Combined total value = 103,476,835,000
Strike 202 has a total call value of 110,549,573,750 versus a total put value of 20,405,000 Combined total value = 110,569,978,750
Strike 202.25 has a total call value of 112,915,880,000 versus a total put value of 18,480,000 Combined total value = 112,934,360,000
Strike 203 has a total call value of 120,014,798,750 versus a total put value of 12,705,000 Combined total value = 120,027,503,750
Strike 203.25 has a total call value of 122,381,105,000 versus a total put value of 10,780,000 Combined total value = 122,391,885,000
Strike 204 has a total call value of 129,499,658,750 versus a total put value of 5,005,000 Combined total value = 129,504,663,750
Strike 204.25 has a total call value of 131,872,510,000 versus a total put value of 3,080,000 Combined total value = 131,875,590,000
Strike 205 has a total call value of 139,298,582,500 versus a total put value of 1,925,000 Combined total value = 139,300,507,500
Strike 205.25 has a total call value of 141,773,940,000 versus a total put value of 1,540,000 Combined total value = 141,775,480,000
Strike 206 has a total call value of 149,235,528,750 versus a total put value of 385,000 Combined total value = 149,235,913,750
Strike 206.25 has a total call value of 151,722,725,000 versus a total put value of 0 Combined total value = 151,722,725,000
Strike 207 has a total call value of 159,239,176,250 versus a total put value of 0 Combined total value = 159,239,176,250
Strike 207.25 has a total call value of 161,744,660,000 versus a total put value of 0 Combined total value = 161,744,660,000
Strike 208 has a total call value of 169,280,168,750 versus a total put value of 0 Combined total value = 169,280,168,750
Strike 208.25 has a total call value of 171,792,005,000 versus a total put value of 0 Combined total value = 171,792,005,000
Strike 209 has a total call value of 179,327,513,750 versus a total put value of 0 Combined total value = 179,327,513,750
Strike 209.25 has a total call value of 181,839,350,000 versus a total put value of 0 Combined total value = 181,839,350,000
Strike 210 has a total call value of 189,537,425,000 versus a total put value of 0 Combined total value = 189,537,425,000
Strike 210.25 has a total call value of 192,109,128,750 versus a total put value of 0 Combined total value = 192,109,128,750
Strike 211 has a total call value of 199,831,170,000 versus a total put value of 0 Combined total value = 199,831,170,000
Strike 211.25 has a total call value of 202,405,183,750 versus a total put value of 0 Combined total value = 202,405,183,750
Strike 212 has a total call value of 210,150,902,500 versus a total put value of 0 Combined total value = 210,150,902,500
Strike 212.25 has a total call value of 212,732,808,750 versus a total put value of 0 Combined total value = 212,732,808,750
Strike 213 has a total call value of 220,478,527,500 versus a total put value of 0 Combined total value = 220,478,527,500
Strike 213.25 has a total call value of 223,060,433,750 versus a total put value of 0 Combined total value = 223,060,433,750
Strike 214 has a total call value of 230,806,152,500 versus a total put value of 0 Combined total value = 230,806,152,500
Strike 214.25 has a total call value of 233,388,058,750 versus a total put value of 0 Combined total value = 233,388,058,750
Max Pain - Choose a symbol
Index
A
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.