ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
16 Apr 2024 04:17 PM IST
Max Pain for ONGC is 280
Strike 215 has a total call value of 0 versus a total put value of 275,688,875,000 Combined total value = 275,688,875,000
Strike 217.5 has a total call value of 5,775,000 versus a total put value of 263,576,775,000 Combined total value = 263,582,550,000
Strike 220 has a total call value of 11,550,000 versus a total put value of 251,464,675,000 Combined total value = 251,476,225,000
Strike 222.5 has a total call value of 17,325,000 versus a total put value of 239,352,575,000 Combined total value = 239,369,900,000
Strike 225 has a total call value of 23,100,000 versus a total put value of 227,240,475,000 Combined total value = 227,263,575,000
Strike 227.5 has a total call value of 28,875,000 versus a total put value of 215,169,762,500 Combined total value = 215,198,637,500
Strike 230 has a total call value of 34,650,000 versus a total put value of 203,100,975,000 Combined total value = 203,135,625,000
Strike 232.5 has a total call value of 40,425,000 versus a total put value of 191,100,525,000 Combined total value = 191,140,950,000
Strike 235 has a total call value of 46,200,000 versus a total put value of 179,105,850,000 Combined total value = 179,152,050,000
Strike 237.5 has a total call value of 51,975,000 versus a total put value of 167,179,512,500 Combined total value = 167,231,487,500
Strike 240 has a total call value of 57,750,000 versus a total put value of 155,276,275,000 Combined total value = 155,334,025,000
Strike 242.5 has a total call value of 74,112,500 versus a total put value of 143,566,500,000 Combined total value = 143,640,612,500
Strike 245 has a total call value of 90,475,000 versus a total put value of 131,948,162,500 Combined total value = 132,038,637,500
Strike 247.5 has a total call value of 106,837,500 versus a total put value of 120,440,512,500 Combined total value = 120,547,350,000
Strike 250 has a total call value of 123,200,000 versus a total put value of 108,979,062,500 Combined total value = 109,102,262,500
Strike 252.5 has a total call value of 193,462,500 versus a total put value of 98,021,000,000 Combined total value = 98,214,462,500
Strike 255 has a total call value of 263,725,000 versus a total put value of 87,205,387,500 Combined total value = 87,469,112,500
Strike 257.5 has a total call value of 333,987,500 versus a total put value of 76,666,012,500 Combined total value = 77,000,000,000
Strike 260 has a total call value of 404,250,000 versus a total put value of 66,248,875,000 Combined total value = 66,653,125,000
Strike 262.5 has a total call value of 613,112,500 versus a total put value of 56,689,325,000 Combined total value = 57,302,437,500
Strike 265 has a total call value of 844,112,500 versus a total put value of 47,250,087,500 Combined total value = 48,094,200,000
Strike 267.5 has a total call value of 1,258,950,000 versus a total put value of 38,567,375,000 Combined total value = 39,826,325,000
Strike 270 has a total call value of 1,754,637,500 versus a total put value of 30,159,937,500 Combined total value = 31,914,575,000
Strike 272.5 has a total call value of 3,297,525,000 versus a total put value of 23,294,425,000 Combined total value = 26,591,950,000
Strike 275 has a total call value of 4,954,950,000 versus a total put value of 16,825,462,500 Combined total value = 21,780,412,500
Strike 277.5 has a total call value of 8,885,800,000 versus a total put value of 11,757,900,000 Combined total value = 20,643,700,000
Strike 280 has a total call value of 12,973,537,500 versus a total put value of 7,092,662,500 Combined total value = 20,066,200,000
Strike 282.5 has a total call value of 22,143,275,000 versus a total put value of 5,075,262,500 Combined total value = 27,218,537,500
Strike 285 has a total call value of 31,661,437,500 versus a total put value of 3,300,412,500 Combined total value = 34,961,850,000
Strike 287.5 has a total call value of 43,487,675,000 versus a total put value of 2,107,875,000 Combined total value = 45,595,550,000
Strike 290 has a total call value of 55,789,387,500 versus a total put value of 1,113,612,500 Combined total value = 56,903,000,000
Strike 292.5 has a total call value of 71,095,062,500 versus a total put value of 753,637,500 Combined total value = 71,848,700,000
Strike 295 has a total call value of 87,075,450,000 versus a total put value of 464,887,500 Combined total value = 87,540,337,500
Strike 297.5 has a total call value of 104,576,587,500 versus a total put value of 274,312,500 Combined total value = 104,850,900,000
Strike 300 has a total call value of 122,330,862,500 versus a total put value of 115,500,000 Combined total value = 122,446,362,500
Strike 302.5 has a total call value of 143,490,462,500 versus a total put value of 67,375,000 Combined total value = 143,557,837,500
Strike 305 has a total call value of 164,809,837,500 versus a total put value of 35,612,500 Combined total value = 164,845,450,000
Strike 307.5 has a total call value of 186,718,262,500 versus a total put value of 20,212,500 Combined total value = 186,738,475,000
Strike 310 has a total call value of 208,841,325,000 versus a total put value of 7,700,000 Combined total value = 208,849,025,000
Strike 312.5 has a total call value of 231,928,812,500 versus a total put value of 2,887,500 Combined total value = 231,931,700,000
Strike 315 has a total call value of 255,127,950,000 versus a total put value of 0 Combined total value = 255,127,950,000
Strike 317.5 has a total call value of 278,666,850,000 versus a total put value of 0 Combined total value = 278,666,850,000
Strike 320 has a total call value of 302,332,800,000 versus a total put value of 0 Combined total value = 302,332,800,000
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.