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ONGC
Oil And Natural Gas Corp.

292.55 3.80 (1.32%)

Max pain for ONGC

11 Oct 2024 04:12 PM IST

Max Pain for ONGC is 295  



Strike  250  has a total call value of 0  versus a total put value of  102,928,787,500 Combined total value = 102,928,787,500

Strike  255  has a total call value of 29,837,500  versus a total put value of  89,139,050,000 Combined total value = 89,168,887,500

Strike  260  has a total call value of 59,675,000  versus a total put value of  75,499,462,500 Combined total value = 75,559,137,500

Strike  265  has a total call value of 89,512,500  versus a total put value of  62,635,650,000 Combined total value = 62,725,162,500

Strike  270  has a total call value of 151,112,500  versus a total put value of  50,030,750,000 Combined total value = 50,181,862,500

Strike  275  has a total call value of 341,687,500  versus a total put value of  38,446,100,000 Combined total value = 38,787,787,500

Strike  280  has a total call value of 632,362,500  versus a total put value of  27,755,612,500 Combined total value = 28,387,975,000

Strike  285  has a total call value of 1,278,200,000  versus a total put value of  19,613,825,000 Combined total value = 20,892,025,000

Strike  290  has a total call value of 2,406,250,000  versus a total put value of  12,604,900,000 Combined total value = 15,011,150,000

Strike  295  has a total call value of 5,404,437,500  versus a total put value of  7,868,437,500 Combined total value = 13,272,875,000

Strike  300  has a total call value of 11,514,387,500  versus a total put value of  4,357,237,500 Combined total value = 15,871,625,000

Strike  305  has a total call value of 29,023,225,000  versus a total put value of  3,005,887,500 Combined total value = 32,029,112,500

Strike  310  has a total call value of 49,166,425,000  versus a total put value of  1,959,650,000 Combined total value = 51,126,075,000

Strike  315  has a total call value of 74,503,275,000  versus a total put value of  1,241,625,000 Combined total value = 75,744,900,000

Strike  320  has a total call value of 101,763,200,000  versus a total put value of  604,450,000 Combined total value = 102,367,650,000

Strike  325  has a total call value of 133,387,100,000  versus a total put value of  302,225,000 Combined total value = 133,689,325,000

Strike  330  has a total call value of 165,998,525,000  versus a total put value of  0 Combined total value = 165,998,525,000

Strike  335  has a total call value of 202,071,100,000  versus a total put value of  0 Combined total value = 202,071,100,000

Strike  340  has a total call value of 238,569,100,000  versus a total put value of  0 Combined total value = 238,569,100,000

Strike  345  has a total call value of 275,944,900,000  versus a total put value of  0 Combined total value = 275,944,900,000

Strike  350  has a total call value of 313,468,925,000  versus a total put value of  0 Combined total value = 313,468,925,000

Strike  355  has a total call value of 352,131,587,500  versus a total put value of  0 Combined total value = 352,131,587,500

Strike  360  has a total call value of 390,868,362,500  versus a total put value of  0 Combined total value = 390,868,362,500

Strike  365  has a total call value of 429,854,425,000  versus a total put value of  0 Combined total value = 429,854,425,000

Strike  370  has a total call value of 468,840,487,500  versus a total put value of  0 Combined total value = 468,840,487,500

Strike  375  has a total call value of 507,849,650,000  versus a total put value of  0 Combined total value = 507,849,650,000

Strike  380  has a total call value of 546,858,812,500  versus a total put value of  0 Combined total value = 546,858,812,500

All Max-Pain Table


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.