ONGC
OIL AND NATURAL GAS CORP.
Max pain for ONGC
19 Apr 2024 04:17 PM IST
Max Pain for ONGC is 275
Strike 215 has a total call value of 0 versus a total put value of 141,434,562,500 Combined total value = 141,434,562,500
Strike 217.5 has a total call value of 0 versus a total put value of 134,853,950,000 Combined total value = 134,853,950,000
Strike 220 has a total call value of 0 versus a total put value of 128,273,337,500 Combined total value = 128,273,337,500
Strike 222.5 has a total call value of 0 versus a total put value of 121,692,725,000 Combined total value = 121,692,725,000
Strike 225 has a total call value of 0 versus a total put value of 115,114,037,500 Combined total value = 115,114,037,500
Strike 227.5 has a total call value of 0 versus a total put value of 108,574,812,500 Combined total value = 108,574,812,500
Strike 230 has a total call value of 0 versus a total put value of 102,035,587,500 Combined total value = 102,035,587,500
Strike 232.5 has a total call value of 0 versus a total put value of 95,564,700,000 Combined total value = 95,564,700,000
Strike 235 has a total call value of 0 versus a total put value of 89,107,287,500 Combined total value = 89,107,287,500
Strike 237.5 has a total call value of 0 versus a total put value of 82,711,475,000 Combined total value = 82,711,475,000
Strike 240 has a total call value of 0 versus a total put value of 76,315,662,500 Combined total value = 76,315,662,500
Strike 242.5 has a total call value of 0 versus a total put value of 70,091,175,000 Combined total value = 70,091,175,000
Strike 245 has a total call value of 0 versus a total put value of 63,960,050,000 Combined total value = 63,960,050,000
Strike 247.5 has a total call value of 0 versus a total put value of 57,919,400,000 Combined total value = 57,919,400,000
Strike 250 has a total call value of 0 versus a total put value of 51,923,987,500 Combined total value = 51,923,987,500
Strike 252.5 has a total call value of 51,975,000 versus a total put value of 46,335,712,500 Combined total value = 46,387,687,500
Strike 255 has a total call value of 103,950,000 versus a total put value of 40,877,375,000 Combined total value = 40,981,325,000
Strike 257.5 has a total call value of 155,925,000 versus a total put value of 35,585,550,000 Combined total value = 35,741,475,000
Strike 260 has a total call value of 215,600,000 versus a total put value of 30,400,562,500 Combined total value = 30,616,162,500
Strike 262.5 has a total call value of 392,700,000 versus a total put value of 25,778,637,500 Combined total value = 26,171,337,500
Strike 265 has a total call value of 584,237,500 versus a total put value of 21,273,175,000 Combined total value = 21,857,412,500
Strike 267.5 has a total call value of 912,450,000 versus a total put value of 17,197,950,000 Combined total value = 18,110,400,000
Strike 270 has a total call value of 1,300,337,500 versus a total put value of 13,260,362,500 Combined total value = 14,560,700,000
Strike 272.5 has a total call value of 2,343,687,500 versus a total put value of 10,133,200,000 Combined total value = 12,476,887,500
Strike 275 has a total call value of 3,467,887,500 versus a total put value of 7,238,000,000 Combined total value = 10,705,887,500
Strike 277.5 has a total call value of 6,921,337,500 versus a total put value of 5,104,137,500 Combined total value = 12,025,475,000
Strike 280 has a total call value of 10,849,300,000 versus a total put value of 3,095,400,000 Combined total value = 13,944,700,000
Strike 282.5 has a total call value of 20,271,212,500 versus a total put value of 2,260,912,500 Combined total value = 22,532,125,000
Strike 285 has a total call value of 30,377,462,500 versus a total put value of 1,521,712,500 Combined total value = 31,899,175,000
Strike 287.5 has a total call value of 43,226,837,500 versus a total put value of 983,675,000 Combined total value = 44,210,512,500
Strike 290 has a total call value of 56,668,150,000 versus a total put value of 562,100,000 Combined total value = 57,230,250,000
Strike 292.5 has a total call value of 74,101,912,500 versus a total put value of 367,675,000 Combined total value = 74,469,587,500
Strike 295 has a total call value of 92,226,750,000 versus a total put value of 214,637,500 Combined total value = 92,441,387,500
Strike 297.5 has a total call value of 112,313,162,500 versus a total put value of 111,650,000 Combined total value = 112,424,812,500
Strike 300 has a total call value of 132,672,925,000 versus a total put value of 30,800,000 Combined total value = 132,703,725,000
Strike 302.5 has a total call value of 157,349,500,000 versus a total put value of 23,100,000 Combined total value = 157,372,600,000
Strike 305 has a total call value of 182,214,725,000 versus a total put value of 15,400,000 Combined total value = 182,230,125,000
Strike 307.5 has a total call value of 207,722,900,000 versus a total put value of 7,700,000 Combined total value = 207,730,600,000
Strike 310 has a total call value of 233,407,212,500 versus a total put value of 0 Combined total value = 233,407,212,500
Strike 312.5 has a total call value of 260,265,775,000 versus a total put value of 0 Combined total value = 260,265,775,000
Strike 315 has a total call value of 287,207,112,500 versus a total put value of 0 Combined total value = 287,207,112,500
Strike 317.5 has a total call value of 314,503,612,500 versus a total put value of 0 Combined total value = 314,503,612,500
Strike 320 has a total call value of 341,961,812,500 versus a total put value of 0 Combined total value = 341,961,812,500
Strike 322.5 has a total call value of 371,588,525,000 versus a total put value of 0 Combined total value = 371,588,525,000
Strike 325 has a total call value of 401,215,237,500 versus a total put value of 0 Combined total value = 401,215,237,500
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.