ONGC
Oil And Natural Gas Corp.
Max pain for ONGC
02 Apr 2025 02:22 PM IST
Max Pain for ONGC is 250
Strike 200 has a total call value of 0 versus a total put value of 117,320,087,500 Combined total value = 117,320,087,500
Strike 202.5 has a total call value of 0 versus a total put value of 110,835,243,750 Combined total value = 110,835,243,750
Strike 205 has a total call value of 0 versus a total put value of 104,350,400,000 Combined total value = 104,350,400,000
Strike 207.5 has a total call value of 0 versus a total put value of 98,004,637,500 Combined total value = 98,004,637,500
Strike 210 has a total call value of 0 versus a total put value of 91,673,793,750 Combined total value = 91,673,793,750
Strike 212.5 has a total call value of 0 versus a total put value of 85,442,087,500 Combined total value = 85,442,087,500
Strike 215 has a total call value of 0 versus a total put value of 79,211,343,750 Combined total value = 79,211,343,750
Strike 217.5 has a total call value of 0 versus a total put value of 73,112,462,500 Combined total value = 73,112,462,500
Strike 220 has a total call value of 0 versus a total put value of 67,013,581,250 Combined total value = 67,013,581,250
Strike 222.5 has a total call value of 35,131,250 versus a total put value of 61,221,256,250 Combined total value = 61,256,387,500
Strike 225 has a total call value of 70,262,500 versus a total put value of 55,457,806,250 Combined total value = 55,528,068,750
Strike 227.5 has a total call value of 144,375,000 versus a total put value of 49,891,187,500 Combined total value = 50,035,562,500
Strike 230 has a total call value of 218,487,500 versus a total put value of 44,392,425,000 Combined total value = 44,610,912,500
Strike 232.5 has a total call value of 376,337,500 versus a total put value of 39,342,668,750 Combined total value = 39,719,006,250
Strike 235 has a total call value of 561,137,500 versus a total put value of 34,374,725,000 Combined total value = 34,935,862,500
Strike 237.5 has a total call value of 844,112,500 versus a total put value of 29,623,343,750 Combined total value = 30,467,456,250
Strike 240 has a total call value of 1,232,962,500 versus a total put value of 25,034,625,000 Combined total value = 26,267,587,500
Strike 242.5 has a total call value of 1,961,093,750 versus a total put value of 21,306,862,500 Combined total value = 23,267,956,250
Strike 245 has a total call value of 2,896,162,500 versus a total put value of 17,799,031,250 Combined total value = 20,695,193,750
Strike 247.5 has a total call value of 4,115,650,000 versus a total put value of 14,571,287,500 Combined total value = 18,686,937,500
Strike 250 has a total call value of 5,611,375,000 versus a total put value of 11,752,606,250 Combined total value = 17,363,981,250
Strike 252.5 has a total call value of 8,636,993,750 versus a total put value of 9,740,981,250 Combined total value = 18,377,975,000
Strike 255 has a total call value of 12,551,962,500 versus a total put value of 7,984,900,000 Combined total value = 20,536,862,500
Strike 257.5 has a total call value of 19,168,187,500 versus a total put value of 6,553,662,500 Combined total value = 25,721,850,000
Strike 260 has a total call value of 28,461,606,250 versus a total put value of 5,397,218,750 Combined total value = 33,858,825,000
Strike 262.5 has a total call value of 42,170,975,000 versus a total put value of 4,580,537,500 Combined total value = 46,751,512,500
Strike 265 has a total call value of 56,694,618,750 versus a total put value of 3,795,618,750 Combined total value = 60,490,237,500
Strike 267.5 has a total call value of 71,955,537,500 versus a total put value of 3,069,893,750 Combined total value = 75,025,431,250
Strike 270 has a total call value of 87,348,318,750 versus a total put value of 2,381,225,000 Combined total value = 89,729,543,750
Strike 272.5 has a total call value of 103,760,387,500 versus a total put value of 1,868,212,500 Combined total value = 105,628,600,000
Strike 275 has a total call value of 120,226,837,500 versus a total put value of 1,420,650,000 Combined total value = 121,647,487,500
Strike 277.5 has a total call value of 136,903,593,750 versus a total put value of 973,087,500 Combined total value = 137,876,681,250
Strike 280 has a total call value of 153,641,950,000 versus a total put value of 525,525,000 Combined total value = 154,167,475,000
Strike 282.5 has a total call value of 171,019,887,500 versus a total put value of 263,243,750 Combined total value = 171,283,131,250
Strike 285 has a total call value of 188,418,518,750 versus a total put value of 962,500 Combined total value = 188,419,481,250
Strike 287.5 has a total call value of 206,035,637,500 versus a total put value of 481,250 Combined total value = 206,036,118,750
Strike 290 has a total call value of 223,652,756,250 versus a total put value of 0 Combined total value = 223,652,756,250
Strike 292.5 has a total call value of 241,284,793,750 versus a total put value of 0 Combined total value = 241,284,793,750
Strike 295 has a total call value of 258,916,831,250 versus a total put value of 0 Combined total value = 258,916,831,250
Strike 297.5 has a total call value of 276,548,868,750 versus a total put value of 0 Combined total value = 276,548,868,750
Strike 300 has a total call value of 294,180,906,250 versus a total put value of 0 Combined total value = 294,180,906,250
Max-Pain Table for stock monthly expiry
| Max Pain | ||
|---|---|---|
| Symbol | Symbol Ltp | Max Pain |
| AARTIIND | 249.88 | 400 |
| ABB | 249.88 | 5500 |
| ABCAPITAL | 249.88 | 190 |
| ABFRL | 249.88 | 265 |
| ACC | 249.88 | 2000 |
| ADANIENSOL | 249.88 | 860 |
| ADANIENT | 249.88 | 2500 |
| ADANIGREEN | 249.88 | 940 |
| ADANIPORTS | 249.88 | 1200 |
| ALKEM | 249.88 | 4900 |
| AMBUJACEM | 249.88 | 540 |
| ANGELONE | 249.88 | 2300 |
| APLAPOLLO | 249.88 | 1500 |
| APOLLOHOSP | 249.88 | 6650 |
| APOLLOTYRE | 249.88 | 430 |
| ASHOKLEY | 249.88 | 210 |
| ASIANPAINT | 249.88 | 2340 |
| ASTRAL | 249.88 | 1300 |
| ATGL | 249.88 | 600 |
| AUBANK | 249.88 | 550 |
| AUROPHARMA | 249.88 | 1160 |
| AXISBANK | 249.88 | 1100 |
| BAJAJ-AUTO | 249.88 | 8000 |
| BAJAJFINSV | 249.88 | 1940 |
| BAJFINANCE | 249.88 | 8800 |
| BALKRISIND | 249.88 | 2560 |
| BANDHANBNK | 249.88 | 150 |
| BANKBARODA | 249.88 | 230 |
| BANKINDIA | 249.88 | 110 |
| BEL | 249.88 | 290 |
| BERGEPAINT | 249.88 | 500 |
| BHARATFORG | 249.88 | 1160 |
| BHARTIARTL | 249.88 | 1720 |
| BHEL | 249.88 | 220 |
| BIOCON | 249.88 | 345 |
| BOSCHLTD | 249.88 | 28000 |
| BPCL | 249.88 | 280 |
| BRITANNIA | 249.88 | 4900 |
| BSE | 249.88 | 5200 |
| BSOFT | 249.88 | 400 |
| CAMS | 249.88 | 3700 |
| CANBK | 249.88 | 90 |
| CDSL | 249.88 | 1200 |
| CESC | 249.88 | 155 |
| CGPOWER | 249.88 | 640 |
| CHAMBLFERT | 249.88 | 610 |
| CHOLAFIN | 249.88 | 1500 |
| CIPLA | 249.88 | 1480 |
| COALINDIA | 249.88 | 405 |
| COFORGE | 249.88 | 7900 |
| COLPAL | 249.88 | 2400 |
| CONCOR | 249.88 | 710 |
| CROMPTON | 249.88 | 350 |
| CUMMINSIND | 249.88 | 3050 |
| CYIENT | 249.88 | 1280 |
| DABUR | 249.88 | 500 |
| DALBHARAT | 249.88 | 1800 |
| DEEPAKNTR | 249.88 | 2000 |
| DELHIVERY | 249.88 | 260 |
| DIVISLAB | 249.88 | 5650 |
| DIXON | 249.88 | 13500 |
| DLF | 249.88 | 690 |
| DMART | 249.88 | 4050 |
| DRREDDY | 249.88 | 1150 |
| EICHERMOT | 249.88 | 5350 |
| ESCORTS | 249.88 | 3250 |
| EXIDEIND | 249.88 | 370 |
| FEDERALBNK | 249.88 | 195 |
| GAIL | 249.88 | 182.5 |
| GLENMARK | 249.88 | 1500 |
| GMRAIRPORT | 249.88 | 77 |
| GODREJCP | 249.88 | 1140 |
| GODREJPROP | 249.88 | 2100 |
| GOLDM | 249.88 | 89500 |
| GRANULES | 249.88 | 500 |
| GRASIM | 249.88 | 2580 |
| HAL | 249.88 | 4200 |
| HAVELLS | 249.88 | 1500 |
| HCLTECH | 249.88 | 1580 |
| HDFCAMC | 249.88 | 4000 |
| HDFCBANK | 249.88 | 1800 |
| HDFCLIFE | 249.88 | 690 |
| HEROMOTOCO | 249.88 | 3750 |
| HFCL | 249.88 | 81 |
| HINDALCO | 249.88 | 680 |
| HINDCOPPER | 249.88 | 230 |
| HINDPETRO | 249.88 | 360 |
| HINDUNILVR | 249.88 | 2260 |
| HINDZINC | 249.88 | 450 |
| HUDCO | 249.88 | 200 |
| ICICIBANK | 249.88 | 1340 |
| ICICIGI | 249.88 | 1800 |
| ICICIPRULI | 249.88 | 575 |
| IDEA | 249.88 | 8 |
| IDFCFIRSTB | 249.88 | 58 |
| IEX | 249.88 | 180 |
| IGL | 249.88 | 200 |
| IIFL | 249.88 | 330 |
| INDHOTEL | 249.88 | 820 |
| INDIANB | 249.88 | 550 |
| INDIGO | 249.88 | 5000 |
| INDUSINDBK | 249.88 | 700 |
| INDUSTOWER | 249.88 | 350 |
| INFY | 249.88 | 1580 |
| INOXWIND | 249.88 | 165 |
| IOC | 249.88 | 132 |
| IRB | 249.88 | 46 |
| IRCTC | 249.88 | 730 |
| IREDA | 249.88 | 155 |
| IRFC | 249.88 | 125 |
| ITC | 249.88 | 410 |
| JINDALSTEL | 249.88 | 920 |
| JIOFIN | 249.88 | 230 |
| JSL | 249.88 | 600 |
| JSWENERGY | 249.88 | 540 |
| JSWSTEEL | 249.88 | 1050 |
| JUBLFOOD | 249.88 | 670 |
| KALYANKJIL | 249.88 | 480 |
| KEI | 249.88 | 2900 |
| KOTAKBANK | 249.88 | 2120 |
| KPITTECH | 249.88 | 1300 |
| LAURUSLABS | 249.88 | 600 |
| LICHSGFIN | 249.88 | 570 |
| LICI | 249.88 | 800 |
| LODHA | 249.88 | 1200 |
| LT | 249.88 | 3480 |
| LTF | 249.88 | 150 |
| LTIM | 249.88 | 4550 |
| LUPIN | 249.88 | 2000 |
| M&M | 249.88 | 2700 |
| M&MFIN | 249.88 | 280 |
| MANAPPURAM | 249.88 | 230 |
| MARICO | 249.88 | 650 |
| MARUTI | 249.88 | 11700 |
| MAXHEALTH | 249.88 | 1120 |
| MCX | 249.88 | 5400 |
| MFSL | 249.88 | 1140 |
| MGL | 249.88 | 1400 |
| MOTHERSON | 249.88 | 132.5 |
| MPHASIS | 249.88 | 2500 |
| MRF | 249.88 | 114000 |
| MUTHOOTFIN | 249.88 | 2260 |
| NATIONALUM | 249.88 | 185 |
| NAUKRI | 249.88 | 7000 |
| NBCC | 249.88 | 82.5 |
| NCC | 249.88 | 210 |
| NESTLEIND | 249.88 | 2220 |
| NHPC | 249.88 | 84 |
| NMDC | 249.88 | 69.7 |
| NTPC | 249.88 | 360 |
| NYKAA | 249.88 | 175 |
| OBEROIRLTY | 249.88 | 1600 |
| OFSS | 249.88 | 7900 |
| OIL | 249.88 | 390 |
| ONGC | 249.88 | 250 |
| PAGEIND | 249.88 | 42000 |
| PATANJALI | 249.88 | 1800 |
| PAYTM | 249.88 | 800 |
| PEL | 249.88 | 1000 |
| PERSISTENT | 249.88 | 5400 |
| PETRONET | 249.88 | 300 |
| PFC | 249.88 | 420 |
| PHOENIXLTD | 249.88 | 1600 |
| PIDILITIND | 249.88 | 2840 |
| PIIND | 249.88 | 3500 |
| PNB | 249.88 | 97 |
| PNBHOUSING | 249.88 | 900 |
| POLICYBZR | 249.88 | 1580 |
| POLYCAB | 249.88 | 5100 |
| POONAWALLA | 249.88 | 340 |
| POWERGRID | 249.88 | 290 |
| PRESTIGE | 249.88 | 1200 |
| RAMCOCEM | 249.88 | 900 |
| RBLBANK | 249.88 | 175 |
| RECLTD | 249.88 | 440 |
| RELIANCE | 249.88 | 1280 |
| SAIL | 249.88 | 120 |
| SBICARD | 249.88 | 865 |
| SBILIFE | 249.88 | 1560 |
| SBIN | 249.88 | 780 |
| SHREECEM | 249.88 | 30500 |
| SHRIRAMFIN | 249.88 | 650 |
| SIEMENS | 249.88 | 5300 |
| SILVER | 249.88 | 98000 |
| SJVN | 249.88 | 92.5 |
| SOLARINDS | 249.88 | 11100 |
| SONACOMS | 249.88 | 460 |
| SRF | 249.88 | 2940 |
| SUNPHARMA | 249.88 | 1720 |
| SUPREMEIND | 249.88 | 3500 |
| SYNGENE | 249.88 | 720 |
| TATACHEM | 249.88 | 860 |
| TATACOMM | 249.88 | 1600 |
| TATACONSUM | 249.88 | 1040 |
| TATAELXSI | 249.88 | 5200 |
| TATAMOTORS | 249.88 | 690 |
| TATAPOWER | 249.88 | 390 |
| TATASTEEL | 249.88 | 155 |
| TATATECH | 249.88 | 680 |
| TCS | 249.88 | 3600 |
| TECHM | 249.88 | 1420 |
| TIINDIA | 249.88 | 2750 |
| TITAGARH | 249.88 | 800 |
| TITAN | 249.88 | 3100 |
| TORNTPHARM | 249.88 | 3200 |
| TORNTPOWER | 249.88 | 1500 |
| TRENT | 249.88 | 5500 |
| TVSMOTOR | 249.88 | 2460 |
| ULTRACEMCO | 249.88 | 11300 |
| UNIONBANK | 249.88 | 125 |
| UNITDSPR | 249.88 | 1400 |
| UPL | 249.88 | 650 |
| VBL | 249.88 | 540 |
| VEDL | 249.88 | 470 |
| VOLTAS | 249.88 | 1380 |
| WIPRO | 249.88 | 267.5 |
| YESBANK | 249.88 | 17 |
| ZOMATO | 249.88 | 210 |
| ZYDUSLIFE | 249.88 | 900 |
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.
