ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
19 Apr 2024 03:05 PM IST
Max Pain for ONGC is 275
Strike 215 has a total call value of 0 versus a total put value of 149,237,550,000 Combined total value = 149,237,550,000
Strike 217.5 has a total call value of 0 versus a total put value of 142,328,725,000 Combined total value = 142,328,725,000
Strike 220 has a total call value of 0 versus a total put value of 135,419,900,000 Combined total value = 135,419,900,000
Strike 222.5 has a total call value of 0 versus a total put value of 128,511,075,000 Combined total value = 128,511,075,000
Strike 225 has a total call value of 0 versus a total put value of 121,602,250,000 Combined total value = 121,602,250,000
Strike 227.5 has a total call value of 0 versus a total put value of 114,732,887,500 Combined total value = 114,732,887,500
Strike 230 has a total call value of 0 versus a total put value of 107,863,525,000 Combined total value = 107,863,525,000
Strike 232.5 has a total call value of 0 versus a total put value of 101,062,500,000 Combined total value = 101,062,500,000
Strike 235 has a total call value of 0 versus a total put value of 94,274,950,000 Combined total value = 94,274,950,000
Strike 237.5 has a total call value of 0 versus a total put value of 87,549,000,000 Combined total value = 87,549,000,000
Strike 240 has a total call value of 0 versus a total put value of 80,823,050,000 Combined total value = 80,823,050,000
Strike 242.5 has a total call value of 0 versus a total put value of 74,268,425,000 Combined total value = 74,268,425,000
Strike 245 has a total call value of 0 versus a total put value of 67,807,162,500 Combined total value = 67,807,162,500
Strike 247.5 has a total call value of 0 versus a total put value of 61,435,412,500 Combined total value = 61,435,412,500
Strike 250 has a total call value of 0 versus a total put value of 55,108,900,000 Combined total value = 55,108,900,000
Strike 252.5 has a total call value of 51,975,000 versus a total put value of 49,190,487,500 Combined total value = 49,242,462,500
Strike 255 has a total call value of 103,950,000 versus a total put value of 43,405,862,500 Combined total value = 43,509,812,500
Strike 257.5 has a total call value of 155,925,000 versus a total put value of 37,789,675,000 Combined total value = 37,945,600,000
Strike 260 has a total call value of 215,600,000 versus a total put value of 32,281,287,500 Combined total value = 32,496,887,500
Strike 262.5 has a total call value of 393,662,500 versus a total put value of 27,346,550,000 Combined total value = 27,740,212,500
Strike 265 has a total call value of 586,162,500 versus a total put value of 22,533,087,500 Combined total value = 23,119,250,000
Strike 267.5 has a total call value of 920,150,000 versus a total put value of 18,219,162,500 Combined total value = 19,139,312,500
Strike 270 has a total call value of 1,311,887,500 versus a total put value of 14,044,800,000 Combined total value = 15,356,687,500
Strike 272.5 has a total call value of 2,373,525,000 versus a total put value of 10,706,850,000 Combined total value = 13,080,375,000
Strike 275 has a total call value of 3,515,050,000 versus a total put value of 7,615,300,000 Combined total value = 11,130,350,000
Strike 277.5 has a total call value of 6,989,675,000 versus a total put value of 5,335,137,500 Combined total value = 12,324,812,500
Strike 280 has a total call value of 10,963,837,500 versus a total put value of 3,191,650,000 Combined total value = 14,155,487,500
Strike 282.5 has a total call value of 20,578,250,000 versus a total put value of 2,324,437,500 Combined total value = 22,902,687,500
Strike 285 has a total call value of 30,904,912,500 versus a total put value of 1,559,250,000 Combined total value = 32,464,162,500
Strike 287.5 has a total call value of 43,958,337,500 versus a total put value of 1,005,812,500 Combined total value = 44,964,150,000
Strike 290 has a total call value of 57,626,800,000 versus a total put value of 571,725,000 Combined total value = 58,198,525,000
Strike 292.5 has a total call value of 75,327,175,000 versus a total put value of 373,450,000 Combined total value = 75,700,625,000
Strike 295 has a total call value of 93,708,037,500 versus a total put value of 218,487,500 Combined total value = 93,926,525,000
Strike 297.5 has a total call value of 114,058,175,000 versus a total put value of 113,575,000 Combined total value = 114,171,750,000
Strike 300 has a total call value of 134,673,000,000 versus a total put value of 30,800,000 Combined total value = 134,703,800,000
Strike 302.5 has a total call value of 159,577,687,500 versus a total put value of 23,100,000 Combined total value = 159,600,787,500
Strike 305 has a total call value of 184,666,212,500 versus a total put value of 15,400,000 Combined total value = 184,681,612,500
Strike 307.5 has a total call value of 210,425,600,000 versus a total put value of 7,700,000 Combined total value = 210,433,300,000
Strike 310 has a total call value of 236,370,750,000 versus a total put value of 0 Combined total value = 236,370,750,000
Strike 312.5 has a total call value of 263,510,362,500 versus a total put value of 0 Combined total value = 263,510,362,500
Strike 315 has a total call value of 290,734,675,000 versus a total put value of 0 Combined total value = 290,734,675,000
Strike 317.5 has a total call value of 318,340,137,500 versus a total put value of 0 Combined total value = 318,340,137,500
Strike 320 has a total call value of 346,103,450,000 versus a total put value of 0 Combined total value = 346,103,450,000
Strike 322.5 has a total call value of 375,993,887,500 versus a total put value of 0 Combined total value = 375,993,887,500
Strike 325 has a total call value of 405,884,325,000 versus a total put value of 0 Combined total value = 405,884,325,000
Max Pain - Choose a symbol
Index
A
B
C
D
E
G
H
I
J
L
M
N
O
P
R
S
T
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.