ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
25 Apr 2024 04:21 PM IST
Max Pain for ONGC is 280
Strike 230 has a total call value of 0 versus a total put value of 45,923,762,500 Combined total value = 45,923,762,500
Strike 232.5 has a total call value of 0 versus a total put value of 42,753,287,500 Combined total value = 42,753,287,500
Strike 235 has a total call value of 0 versus a total put value of 39,582,812,500 Combined total value = 39,582,812,500
Strike 237.5 has a total call value of 0 versus a total put value of 36,412,337,500 Combined total value = 36,412,337,500
Strike 240 has a total call value of 0 versus a total put value of 33,241,862,500 Combined total value = 33,241,862,500
Strike 242.5 has a total call value of 0 versus a total put value of 30,283,137,500 Combined total value = 30,283,137,500
Strike 245 has a total call value of 0 versus a total put value of 27,324,412,500 Combined total value = 27,324,412,500
Strike 247.5 has a total call value of 0 versus a total put value of 24,397,450,000 Combined total value = 24,397,450,000
Strike 250 has a total call value of 0 versus a total put value of 21,479,150,000 Combined total value = 21,479,150,000
Strike 252.5 has a total call value of 48,125,000 versus a total put value of 19,147,012,500 Combined total value = 19,195,137,500
Strike 255 has a total call value of 96,250,000 versus a total put value of 16,821,612,500 Combined total value = 16,917,862,500
Strike 257.5 has a total call value of 144,375,000 versus a total put value of 14,564,550,000 Combined total value = 14,708,925,000
Strike 260 has a total call value of 192,500,000 versus a total put value of 12,318,075,000 Combined total value = 12,510,575,000
Strike 262.5 has a total call value of 289,712,500 versus a total put value of 10,742,462,500 Combined total value = 11,032,175,000
Strike 265 has a total call value of 394,625,000 versus a total put value of 9,175,512,500 Combined total value = 9,570,137,500
Strike 267.5 has a total call value of 506,275,000 versus a total put value of 7,716,362,500 Combined total value = 8,222,637,500
Strike 270 has a total call value of 626,587,500 versus a total put value of 6,257,212,500 Combined total value = 6,883,800,000
Strike 272.5 has a total call value of 913,412,500 versus a total put value of 5,110,875,000 Combined total value = 6,024,287,500
Strike 275 has a total call value of 1,212,750,000 versus a total put value of 3,975,125,000 Combined total value = 5,187,875,000
Strike 277.5 has a total call value of 1,711,325,000 versus a total put value of 3,174,325,000 Combined total value = 4,885,650,000
Strike 280 has a total call value of 2,249,362,500 versus a total put value of 2,417,800,000 Combined total value = 4,667,162,500
Strike 282.5 has a total call value of 4,084,850,000 versus a total put value of 2,053,012,500 Combined total value = 6,137,862,500
Strike 285 has a total call value of 6,032,950,000 versus a total put value of 1,721,912,500 Combined total value = 7,754,862,500
Strike 287.5 has a total call value of 8,353,537,500 versus a total put value of 1,456,262,500 Combined total value = 9,809,800,000
Strike 290 has a total call value of 10,693,375,000 versus a total put value of 1,193,500,000 Combined total value = 11,886,875,000
Strike 292.5 has a total call value of 13,809,950,000 versus a total put value of 999,075,000 Combined total value = 14,809,025,000
Strike 295 has a total call value of 16,944,812,500 versus a total put value of 804,650,000 Combined total value = 17,749,462,500
Strike 297.5 has a total call value of 20,196,137,500 versus a total put value of 634,287,500 Combined total value = 20,830,425,000
Strike 300 has a total call value of 23,460,937,500 versus a total put value of 465,850,000 Combined total value = 23,926,787,500
Strike 302.5 has a total call value of 28,140,612,500 versus a total put value of 397,512,500 Combined total value = 28,538,125,000
Strike 305 has a total call value of 32,841,462,500 versus a total put value of 329,175,000 Combined total value = 33,170,637,500
Strike 307.5 has a total call value of 37,644,337,500 versus a total put value of 260,837,500 Combined total value = 37,905,175,000
Strike 310 has a total call value of 42,454,912,500 versus a total put value of 192,500,000 Combined total value = 42,647,412,500
Strike 312.5 has a total call value of 47,601,400,000 versus a total put value of 124,162,500 Combined total value = 47,725,562,500
Strike 315 has a total call value of 52,789,275,000 versus a total put value of 55,825,000 Combined total value = 52,845,100,000
Strike 317.5 has a total call value of 58,192,750,000 versus a total put value of 27,912,500 Combined total value = 58,220,662,500
Strike 320 has a total call value of 63,598,150,000 versus a total put value of 0 Combined total value = 63,598,150,000
Strike 322.5 has a total call value of 69,680,187,500 versus a total put value of 0 Combined total value = 69,680,187,500
Strike 325 has a total call value of 75,762,225,000 versus a total put value of 0 Combined total value = 75,762,225,000
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.