[--[65.84.65.76]--]
ONGC
OIL AND NATURAL GAS CORP.

265.75 -3.60 (-1.34%)


Strike  173  has a total call value of 0  versus a total put value of  382,206,247,500 Combined total value = 382,206,247,500

Strike  174  has a total call value of 770,000  versus a total put value of  377,513,482,500 Combined total value = 377,514,252,500

Strike  175  has a total call value of 1,540,000  versus a total put value of  372,820,717,500 Combined total value = 372,822,257,500

Strike  176  has a total call value of 2,310,000  versus a total put value of  368,127,952,500 Combined total value = 368,130,262,500

Strike  177  has a total call value of 3,080,000  versus a total put value of  363,435,187,500 Combined total value = 363,438,267,500

Strike  177.5  has a total call value of 3,465,000  versus a total put value of  361,088,805,000 Combined total value = 361,092,270,000

Strike  178  has a total call value of 3,850,000  versus a total put value of  358,742,422,500 Combined total value = 358,746,272,500

Strike  179  has a total call value of 4,620,000  versus a total put value of  354,049,657,500 Combined total value = 354,054,277,500

Strike  180  has a total call value of 5,390,000  versus a total put value of  349,356,892,500 Combined total value = 349,362,282,500

Strike  181  has a total call value of 6,160,000  versus a total put value of  344,664,127,500 Combined total value = 344,670,287,500

Strike  182  has a total call value of 6,930,000  versus a total put value of  339,971,362,500 Combined total value = 339,978,292,500

Strike  182.5  has a total call value of 7,315,000  versus a total put value of  337,624,980,000 Combined total value = 337,632,295,000

Strike  183  has a total call value of 7,700,000  versus a total put value of  335,278,597,500 Combined total value = 335,286,297,500

Strike  184  has a total call value of 8,470,000  versus a total put value of  330,585,832,500 Combined total value = 330,594,302,500

Strike  185  has a total call value of 9,240,000  versus a total put value of  325,893,067,500 Combined total value = 325,902,307,500

Strike  186  has a total call value of 10,010,000  versus a total put value of  321,200,687,500 Combined total value = 321,210,697,500

Strike  187  has a total call value of 10,780,000  versus a total put value of  316,508,307,500 Combined total value = 316,519,087,500

Strike  187.5  has a total call value of 11,165,000  versus a total put value of  314,162,117,500 Combined total value = 314,173,282,500

Strike  188  has a total call value of 11,550,000  versus a total put value of  311,815,927,500 Combined total value = 311,827,477,500

Strike  189  has a total call value of 12,320,000  versus a total put value of  307,123,547,500 Combined total value = 307,135,867,500

Strike  190  has a total call value of 13,090,000  versus a total put value of  302,431,167,500 Combined total value = 302,444,257,500

Strike  191  has a total call value of 13,860,000  versus a total put value of  297,738,787,500 Combined total value = 297,752,647,500

Strike  192  has a total call value of 14,630,000  versus a total put value of  293,046,407,500 Combined total value = 293,061,037,500

Strike  192.5  has a total call value of 15,015,000  versus a total put value of  290,700,217,500 Combined total value = 290,715,232,500

Strike  193  has a total call value of 15,400,000  versus a total put value of  288,354,220,000 Combined total value = 288,369,620,000

Strike  194  has a total call value of 16,170,000  versus a total put value of  283,662,225,000 Combined total value = 283,678,395,000

Strike  195  has a total call value of 16,940,000  versus a total put value of  278,970,230,000 Combined total value = 278,987,170,000

Strike  196  has a total call value of 17,710,000  versus a total put value of  274,278,235,000 Combined total value = 274,295,945,000

Strike  197  has a total call value of 18,480,000  versus a total put value of  269,586,240,000 Combined total value = 269,604,720,000

Strike  197.5  has a total call value of 18,865,000  versus a total put value of  267,240,242,500 Combined total value = 267,259,107,500

Strike  198  has a total call value of 19,250,000  versus a total put value of  264,894,245,000 Combined total value = 264,913,495,000

Strike  199  has a total call value of 20,020,000  versus a total put value of  260,202,250,000 Combined total value = 260,222,270,000

Strike  200  has a total call value of 20,790,000  versus a total put value of  255,510,255,000 Combined total value = 255,531,045,000

Strike  201  has a total call value of 43,120,000  versus a total put value of  250,983,810,000 Combined total value = 251,026,930,000

Strike  202  has a total call value of 65,450,000  versus a total put value of  246,457,365,000 Combined total value = 246,522,815,000

Strike  202.5  has a total call value of 76,615,000  versus a total put value of  244,194,142,500 Combined total value = 244,270,757,500

Strike  203  has a total call value of 87,780,000  versus a total put value of  241,930,920,000 Combined total value = 242,018,700,000

Strike  204  has a total call value of 110,110,000  versus a total put value of  237,404,475,000 Combined total value = 237,514,585,000

Strike  205  has a total call value of 132,440,000  versus a total put value of  232,878,030,000 Combined total value = 233,010,470,000

Strike  206  has a total call value of 154,770,000  versus a total put value of  228,351,585,000 Combined total value = 228,506,355,000

Strike  207  has a total call value of 177,100,000  versus a total put value of  223,825,140,000 Combined total value = 224,002,240,000

Strike  207.5  has a total call value of 188,265,000  versus a total put value of  221,561,917,500 Combined total value = 221,750,182,500

Strike  208  has a total call value of 199,430,000  versus a total put value of  219,298,695,000 Combined total value = 219,498,125,000

Strike  209  has a total call value of 221,760,000  versus a total put value of  214,772,250,000 Combined total value = 214,994,010,000

Strike  210  has a total call value of 244,090,000  versus a total put value of  210,245,805,000 Combined total value = 210,489,895,000

Strike  211  has a total call value of 266,420,000  versus a total put value of  205,797,130,000 Combined total value = 206,063,550,000

Strike  212  has a total call value of 288,750,000  versus a total put value of  201,348,455,000 Combined total value = 201,637,205,000

Strike  212.5  has a total call value of 299,915,000  versus a total put value of  199,124,117,500 Combined total value = 199,424,032,500

Strike  213  has a total call value of 311,080,000  versus a total put value of  196,899,780,000 Combined total value = 197,210,860,000

Strike  214  has a total call value of 333,410,000  versus a total put value of  192,461,115,000 Combined total value = 192,794,525,000

Strike  215  has a total call value of 355,740,000  versus a total put value of  188,022,450,000 Combined total value = 188,378,190,000

Strike  216  has a total call value of 378,070,000  versus a total put value of  183,583,785,000 Combined total value = 183,961,855,000

Strike  217  has a total call value of 400,400,000  versus a total put value of  179,145,120,000 Combined total value = 179,545,520,000

Strike  217.5  has a total call value of 411,565,000  versus a total put value of  176,925,787,500 Combined total value = 177,337,352,500

Strike  218  has a total call value of 422,730,000  versus a total put value of  174,706,455,000 Combined total value = 175,129,185,000

Strike  219  has a total call value of 445,060,000  versus a total put value of  170,267,790,000 Combined total value = 170,712,850,000

Strike  220  has a total call value of 467,390,000  versus a total put value of  165,829,125,000 Combined total value = 166,296,515,000

Strike  221  has a total call value of 541,695,000  versus a total put value of  161,471,310,000 Combined total value = 162,013,005,000

Strike  222  has a total call value of 616,000,000  versus a total put value of  157,113,495,000 Combined total value = 157,729,495,000

Strike  222.5  has a total call value of 653,152,500  versus a total put value of  154,934,587,500 Combined total value = 155,587,740,000

Strike  223  has a total call value of 690,305,000  versus a total put value of  152,755,680,000 Combined total value = 153,445,985,000

Strike  224  has a total call value of 764,610,000  versus a total put value of  148,407,490,000 Combined total value = 149,172,100,000

Strike  225  has a total call value of 838,915,000  versus a total put value of  144,059,300,000 Combined total value = 144,898,215,000

Strike  226  has a total call value of 946,715,000  versus a total put value of  139,776,560,000 Combined total value = 140,723,275,000

Strike  227  has a total call value of 1,054,515,000  versus a total put value of  135,493,820,000 Combined total value = 136,548,335,000

Strike  227.5  has a total call value of 1,108,415,000  versus a total put value of  133,352,450,000 Combined total value = 134,460,865,000

Strike  228  has a total call value of 1,162,315,000  versus a total put value of  131,211,080,000 Combined total value = 132,373,395,000

Strike  229  has a total call value of 1,270,115,000  versus a total put value of  126,928,340,000 Combined total value = 128,198,455,000

Strike  230  has a total call value of 1,377,915,000  versus a total put value of  122,645,600,000 Combined total value = 124,023,515,000

Strike  231  has a total call value of 1,529,220,000  versus a total put value of  118,539,190,000 Combined total value = 120,068,410,000

Strike  232  has a total call value of 1,687,070,000  versus a total put value of  114,432,780,000 Combined total value = 116,119,850,000

Strike  232.5  has a total call value of 1,765,995,000  versus a total put value of  112,379,575,000 Combined total value = 114,145,570,000

Strike  233  has a total call value of 1,844,920,000  versus a total put value of  110,326,370,000 Combined total value = 112,171,290,000

Strike  234  has a total call value of 2,002,770,000  versus a total put value of  106,219,960,000 Combined total value = 108,222,730,000

Strike  235  has a total call value of 2,169,475,000  versus a total put value of  102,113,550,000 Combined total value = 104,283,025,000

Strike  236  has a total call value of 2,358,510,000  versus a total put value of  98,071,050,000 Combined total value = 100,429,560,000

Strike  237  has a total call value of 2,547,545,000  versus a total put value of  94,028,550,000 Combined total value = 96,576,095,000

Strike  237.5  has a total call value of 2,642,062,500  versus a total put value of  92,015,192,500 Combined total value = 94,657,255,000

Strike  238  has a total call value of 2,736,580,000  versus a total put value of  90,008,957,500 Combined total value = 92,745,537,500

Strike  239  has a total call value of 2,925,615,000  versus a total put value of  85,996,487,500 Combined total value = 88,922,102,500

Strike  240  has a total call value of 3,114,650,000  versus a total put value of  82,015,587,500 Combined total value = 85,130,237,500

Strike  241  has a total call value of 3,347,960,000  versus a total put value of  78,236,812,500 Combined total value = 81,584,772,500

Strike  242  has a total call value of 3,581,270,000  versus a total put value of  74,458,037,500 Combined total value = 78,039,307,500

Strike  242.5  has a total call value of 3,697,925,000  versus a total put value of  72,568,650,000 Combined total value = 76,266,575,000

Strike  243  has a total call value of 3,814,580,000  versus a total put value of  70,695,432,500 Combined total value = 74,510,012,500

Strike  244  has a total call value of 4,047,890,000  versus a total put value of  66,948,997,500 Combined total value = 70,996,887,500

Strike  245  has a total call value of 4,281,200,000  versus a total put value of  63,202,562,500 Combined total value = 67,483,762,500

Strike  246  has a total call value of 4,549,930,000  versus a total put value of  59,662,102,500 Combined total value = 64,212,032,500

Strike  247  has a total call value of 4,818,660,000  versus a total put value of  56,121,642,500 Combined total value = 60,940,302,500

Strike  247.5  has a total call value of 4,953,025,000  versus a total put value of  54,351,412,500 Combined total value = 59,304,437,500

Strike  248  has a total call value of 5,099,325,000  versus a total put value of  52,581,182,500 Combined total value = 57,680,507,500

Strike  249  has a total call value of 5,391,925,000  versus a total put value of  49,040,722,500 Combined total value = 54,432,647,500

Strike  250  has a total call value of 5,684,525,000  versus a total put value of  45,500,262,500 Combined total value = 51,184,787,500

Strike  251  has a total call value of 6,129,970,000  versus a total put value of  42,391,772,500 Combined total value = 48,521,742,500

Strike  252  has a total call value of 6,575,415,000  versus a total put value of  39,283,282,500 Combined total value = 45,858,697,500

Strike  252.5  has a total call value of 6,798,137,500  versus a total put value of  37,729,037,500 Combined total value = 44,527,175,000

Strike  253  has a total call value of 7,283,237,500  versus a total put value of  36,174,792,500 Combined total value = 43,458,030,000

Strike  254  has a total call value of 8,253,437,500  versus a total put value of  33,066,302,500 Combined total value = 41,319,740,000

Strike  255  has a total call value of 9,223,637,500  versus a total put value of  29,957,812,500 Combined total value = 39,181,450,000

Strike  256  has a total call value of 10,854,497,500  versus a total put value of  27,235,477,500 Combined total value = 38,089,975,000

Strike  257  has a total call value of 12,485,357,500  versus a total put value of  24,513,142,500 Combined total value = 36,998,500,000

Strike  257.5  has a total call value of 13,300,787,500  versus a total put value of  23,151,975,000 Combined total value = 36,452,762,500

Strike  258  has a total call value of 14,190,522,500  versus a total put value of  21,857,220,000 Combined total value = 36,047,742,500

Strike  259  has a total call value of 15,969,992,500  versus a total put value of  19,267,710,000 Combined total value = 35,237,702,500

Strike  260  has a total call value of 17,749,462,500  versus a total put value of  16,678,200,000 Combined total value = 34,427,662,500

Strike  261  has a total call value of 21,277,217,500  versus a total put value of  15,058,890,000 Combined total value = 36,336,107,500

Strike  262  has a total call value of 24,804,972,500  versus a total put value of  13,439,580,000 Combined total value = 38,244,552,500

Strike  262.5  has a total call value of 26,568,850,000  versus a total put value of  12,629,925,000 Combined total value = 39,198,775,000

Strike  263  has a total call value of 28,408,380,000  versus a total put value of  11,887,260,000 Combined total value = 40,295,640,000

Strike  264  has a total call value of 32,087,440,000  versus a total put value of  10,401,930,000 Combined total value = 42,489,370,000

Strike  265  has a total call value of 35,766,500,000  versus a total put value of  8,916,600,000 Combined total value = 44,683,100,000

Strike  266  has a total call value of 40,749,170,000  versus a total put value of  7,963,340,000 Combined total value = 48,712,510,000

Strike  267  has a total call value of 45,731,840,000  versus a total put value of  7,010,080,000 Combined total value = 52,741,920,000

Strike  267.5  has a total call value of 48,223,175,000  versus a total put value of  6,533,450,000 Combined total value = 54,756,625,000

Strike  268  has a total call value of 50,785,927,500  versus a total put value of  6,083,192,500 Combined total value = 56,869,120,000

Strike  269  has a total call value of 55,911,432,500  versus a total put value of  5,182,677,500 Combined total value = 61,094,110,000

Strike  270  has a total call value of 61,036,937,500  versus a total put value of  4,282,162,500 Combined total value = 65,319,100,000

Strike  272.5  has a total call value of 76,103,912,500  versus a total put value of  2,923,112,500 Combined total value = 79,027,025,000

Strike  275  has a total call value of 91,511,612,500  versus a total put value of  1,776,775,000 Combined total value = 93,288,387,500

Strike  277.5  has a total call value of 108,244,675,000  versus a total put value of  1,053,937,500 Combined total value = 109,298,612,500

Strike  280  has a total call value of 125,353,112,500  versus a total put value of  481,250,000 Combined total value = 125,834,362,500

Strike  282.5  has a total call value of 144,319,175,000  versus a total put value of  269,500,000 Combined total value = 144,588,675,000

Strike  285  has a total call value of 163,468,112,500  versus a total put value of  100,100,000 Combined total value = 163,568,212,500

Strike  287.5  has a total call value of 183,236,900,000  versus a total put value of  50,050,000 Combined total value = 183,286,950,000

Strike  290  has a total call value of 203,070,175,000  versus a total put value of  0 Combined total value = 203,070,175,000

Strike  292.5  has a total call value of 223,795,687,500  versus a total put value of  0 Combined total value = 223,795,687,500

Strike  295  has a total call value of 244,615,525,000  versus a total put value of  0 Combined total value = 244,615,525,000

Strike  297.5  has a total call value of 265,705,825,000  versus a total put value of  0 Combined total value = 265,705,825,000

Strike  300  has a total call value of 286,841,362,500  versus a total put value of  0 Combined total value = 286,841,362,500

Strike  302.5  has a total call value of 308,932,662,500  versus a total put value of  0 Combined total value = 308,932,662,500

Strike  305  has a total call value of 331,023,962,500  versus a total put value of  0 Combined total value = 331,023,962,500

Strike  307.5  has a total call value of 353,552,237,500  versus a total put value of  0 Combined total value = 353,552,237,500

Strike  310  has a total call value of 376,080,512,500  versus a total put value of  0 Combined total value = 376,080,512,500

Max Pain - Choose a symbol



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.