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

269 7.25 (2.77%)


Strike  190  has a total call value of 0  versus a total put value of  98,603,312,500 Combined total value = 98,603,312,500

Strike  192.5  has a total call value of 0  versus a total put value of  94,849,562,500 Combined total value = 94,849,562,500

Strike  195  has a total call value of 0  versus a total put value of  91,095,812,500 Combined total value = 91,095,812,500

Strike  197.5  has a total call value of 0  versus a total put value of  87,342,062,500 Combined total value = 87,342,062,500

Strike  200  has a total call value of 0  versus a total put value of  83,588,312,500 Combined total value = 83,588,312,500

Strike  202.5  has a total call value of 120,312,500  versus a total put value of  79,949,100,000 Combined total value = 80,069,412,500

Strike  205  has a total call value of 240,625,000  versus a total put value of  76,309,887,500 Combined total value = 76,550,512,500

Strike  207.5  has a total call value of 360,937,500  versus a total put value of  72,670,675,000 Combined total value = 73,031,612,500

Strike  210  has a total call value of 481,250,000  versus a total put value of  69,031,462,500 Combined total value = 69,512,712,500

Strike  212.5  has a total call value of 601,562,500  versus a total put value of  65,392,250,000 Combined total value = 65,993,812,500

Strike  215  has a total call value of 721,875,000  versus a total put value of  61,753,037,500 Combined total value = 62,474,912,500

Strike  217.5  has a total call value of 842,187,500  versus a total put value of  58,117,675,000 Combined total value = 58,959,862,500

Strike  220  has a total call value of 962,500,000  versus a total put value of  54,482,312,500 Combined total value = 55,444,812,500

Strike  222.5  has a total call value of 1,082,812,500  versus a total put value of  50,971,112,500 Combined total value = 52,053,925,000

Strike  225  has a total call value of 1,203,125,000  versus a total put value of  47,459,912,500 Combined total value = 48,663,037,500

Strike  227.5  has a total call value of 1,323,437,500  versus a total put value of  43,948,712,500 Combined total value = 45,272,150,000

Strike  230  has a total call value of 1,443,750,000  versus a total put value of  40,437,512,500 Combined total value = 41,881,262,500

Strike  232.5  has a total call value of 1,564,062,500  versus a total put value of  36,926,312,500 Combined total value = 38,490,375,000

Strike  235  has a total call value of 1,684,375,000  versus a total put value of  33,435,325,000 Combined total value = 35,119,700,000

Strike  237.5  has a total call value of 1,804,687,500  versus a total put value of  30,060,800,000 Combined total value = 31,865,487,500

Strike  240  has a total call value of 1,925,000,000  versus a total put value of  26,686,275,000 Combined total value = 28,611,275,000

Strike  242.5  has a total call value of 2,068,412,500  versus a total put value of  23,490,775,000 Combined total value = 25,559,187,500

Strike  245  has a total call value of 2,211,825,000  versus a total put value of  20,295,275,000 Combined total value = 22,507,100,000

Strike  247.5  has a total call value of 2,355,237,500  versus a total put value of  17,371,200,000 Combined total value = 19,726,437,500

Strike  250  has a total call value of 2,498,650,000  versus a total put value of  14,504,875,000 Combined total value = 17,003,525,000

Strike  252.5  has a total call value of 2,760,450,000  versus a total put value of  12,517,312,500 Combined total value = 15,277,762,500

Strike  255  has a total call value of 3,041,500,000  versus a total put value of  10,572,100,000 Combined total value = 13,613,600,000

Strike  257.5  has a total call value of 3,402,437,500  versus a total put value of  8,938,737,500 Combined total value = 12,341,175,000

Strike  260  has a total call value of 3,763,375,000  versus a total put value of  7,340,987,500 Combined total value = 11,104,362,500

Strike  262.5  has a total call value of 4,407,287,500  versus a total put value of  6,200,425,000 Combined total value = 10,607,712,500

Strike  265  has a total call value of 5,128,200,000  versus a total put value of  5,123,387,500 Combined total value = 10,251,587,500

Strike  267.5  has a total call value of 6,086,850,000  versus a total put value of  4,178,212,500 Combined total value = 10,265,062,500

Strike  270  has a total call value of 7,208,162,500  versus a total put value of  3,296,562,500 Combined total value = 10,504,725,000

Strike  272.5  has a total call value of 9,074,450,000  versus a total put value of  2,564,100,000 Combined total value = 11,638,550,000

Strike  275  has a total call value of 11,060,087,500  versus a total put value of  1,913,450,000 Combined total value = 12,973,537,500

Strike  277.5  has a total call value of 13,374,900,000  versus a total put value of  1,377,337,500 Combined total value = 14,752,237,500

Strike  280  has a total call value of 15,800,400,000  versus a total put value of  910,525,000 Combined total value = 16,710,925,000

Strike  282.5  has a total call value of 20,718,775,000  versus a total put value of  634,287,500 Combined total value = 21,353,062,500

Strike  285  has a total call value of 26,051,987,500  versus a total put value of  358,050,000 Combined total value = 26,410,037,500

Strike  287.5  has a total call value of 34,073,462,500  versus a total put value of  252,175,000 Combined total value = 34,325,637,500

Strike  290  has a total call value of 42,094,937,500  versus a total put value of  146,300,000 Combined total value = 42,241,237,500

Strike  292.5  has a total call value of 52,628,537,500  versus a total put value of  102,987,500 Combined total value = 52,731,525,000

Strike  295  has a total call value of 63,205,450,000  versus a total put value of  59,675,000 Combined total value = 63,265,125,000

Strike  297.5  has a total call value of 73,956,575,000  versus a total put value of  29,837,500 Combined total value = 73,986,412,500

Strike  300  has a total call value of 84,707,700,000  versus a total put value of  0 Combined total value = 84,707,700,000

Strike  302.5  has a total call value of 97,047,912,500  versus a total put value of  0 Combined total value = 97,047,912,500

Strike  305  has a total call value of 109,388,125,000  versus a total put value of  0 Combined total value = 109,388,125,000

Strike  307.5  has a total call value of 121,728,337,500  versus a total put value of  0 Combined total value = 121,728,337,500

Strike  310  has a total call value of 134,068,550,000  versus a total put value of  0 Combined total value = 134,068,550,000

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.