[--[65.84.65.76]--]
ONGC
OIL AND NATURAL GAS CORP.

259.05 -2.55 (-0.97%)


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



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.