ONGC
Oil And Natural Gas Corp.
Max pain for ONGC
19 Feb 2025 04:12 PM IST
Max Pain for ONGC is 240
Strike 195 has a total call value of 0 versus a total put value of 100,609,643,750 Combined total value = 100,609,643,750
Strike 197.5 has a total call value of 0 versus a total put value of 94,910,200,000 Combined total value = 94,910,200,000
Strike 200 has a total call value of 0 versus a total put value of 89,210,756,250 Combined total value = 89,210,756,250
Strike 202.5 has a total call value of 0 versus a total put value of 83,748,568,750 Combined total value = 83,748,568,750
Strike 205 has a total call value of 0 versus a total put value of 78,286,381,250 Combined total value = 78,286,381,250
Strike 207.5 has a total call value of 0 versus a total put value of 72,897,825,000 Combined total value = 72,897,825,000
Strike 210 has a total call value of 0 versus a total put value of 67,525,631,250 Combined total value = 67,525,631,250
Strike 212.5 has a total call value of 0 versus a total put value of 62,360,375,000 Combined total value = 62,360,375,000
Strike 215 has a total call value of 0 versus a total put value of 57,305,806,250 Combined total value = 57,305,806,250
Strike 217.5 has a total call value of 0 versus a total put value of 52,385,025,000 Combined total value = 52,385,025,000
Strike 220 has a total call value of 6,737,500 versus a total put value of 47,539,800,000 Combined total value = 47,546,537,500
Strike 222.5 has a total call value of 43,793,750 versus a total put value of 42,994,875,000 Combined total value = 43,038,668,750
Strike 225 has a total call value of 95,768,750 versus a total put value of 38,556,306,250 Combined total value = 38,652,075,000
Strike 227.5 has a total call value of 205,493,750 versus a total put value of 34,413,225,000 Combined total value = 34,618,718,750
Strike 230 has a total call value of 359,975,000 versus a total put value of 30,377,943,750 Combined total value = 30,737,918,750
Strike 232.5 has a total call value of 654,018,750 versus a total put value of 26,943,743,750 Combined total value = 27,597,762,500
Strike 235 has a total call value of 1,052,012,500 versus a total put value of 23,649,587,500 Combined total value = 24,701,600,000
Strike 237.5 has a total call value of 1,736,831,250 versus a total put value of 20,934,856,250 Combined total value = 22,671,687,500
Strike 240 has a total call value of 2,663,718,750 versus a total put value of 18,356,800,000 Combined total value = 21,020,518,750
Strike 242.5 has a total call value of 5,650,837,500 versus a total put value of 16,385,118,750 Combined total value = 22,035,956,250
Strike 245 has a total call value of 8,874,250,000 versus a total put value of 14,537,118,750 Combined total value = 23,411,368,750
Strike 247.5 has a total call value of 12,787,293,750 versus a total put value of 12,913,862,500 Combined total value = 25,701,156,250
Strike 250 has a total call value of 17,023,256,250 versus a total put value of 11,375,306,250 Combined total value = 28,398,562,500
Strike 252.5 has a total call value of 23,387,787,500 versus a total put value of 10,155,337,500 Combined total value = 33,543,125,000
Strike 255 has a total call value of 30,098,818,750 versus a total put value of 8,998,893,750 Combined total value = 39,097,712,500
Strike 257.5 has a total call value of 37,895,068,750 versus a total put value of 7,978,162,500 Combined total value = 45,873,231,250
Strike 260 has a total call value of 46,118,668,750 versus a total put value of 7,075,337,500 Combined total value = 53,194,006,250
Strike 262.5 has a total call value of 57,015,612,500 versus a total put value of 6,385,225,000 Combined total value = 63,400,837,500
Strike 265 has a total call value of 68,747,525,000 versus a total put value of 5,722,062,500 Combined total value = 74,469,587,500
Strike 267.5 has a total call value of 81,489,100,000 versus a total put value of 5,058,900,000 Combined total value = 86,548,000,000
Strike 270 has a total call value of 94,947,737,500 versus a total put value of 4,395,737,500 Combined total value = 99,343,475,000
Strike 272.5 has a total call value of 111,192,331,250 versus a total put value of 3,882,725,000 Combined total value = 115,075,056,250
Strike 275 has a total call value of 127,548,575,000 versus a total put value of 3,369,712,500 Combined total value = 130,918,287,500
Strike 277.5 has a total call value of 144,291,262,500 versus a total put value of 2,914,931,250 Combined total value = 147,206,193,750
Strike 280 has a total call value of 161,166,775,000 versus a total put value of 2,460,150,000 Combined total value = 163,626,925,000
Strike 282.5 has a total call value of 178,858,006,250 versus a total put value of 2,100,656,250 Combined total value = 180,958,662,500
Strike 285 has a total call value of 196,633,456,250 versus a total put value of 1,741,162,500 Combined total value = 198,374,618,750
Strike 287.5 has a total call value of 214,661,081,250 versus a total put value of 1,381,668,750 Combined total value = 216,042,750,000
Strike 290 has a total call value of 232,783,031,250 versus a total put value of 1,022,175,000 Combined total value = 233,805,206,250
Strike 292.5 has a total call value of 251,278,431,250 versus a total put value of 766,631,250 Combined total value = 252,045,062,500
Strike 295 has a total call value of 269,773,831,250 versus a total put value of 511,087,500 Combined total value = 270,284,918,750
Strike 297.5 has a total call value of 288,323,131,250 versus a total put value of 255,543,750 Combined total value = 288,578,675,000
Strike 300 has a total call value of 306,966,756,250 versus a total put value of 0 Combined total value = 306,966,756,250
Strike 302.5 has a total call value of 326,362,093,750 versus a total put value of 0 Combined total value = 326,362,093,750
Strike 305 has a total call value of 345,757,431,250 versus a total put value of 0 Combined total value = 345,757,431,250
Strike 307.5 has a total call value of 365,152,768,750 versus a total put value of 0 Combined total value = 365,152,768,750
Strike 310 has a total call value of 384,548,106,250 versus a total put value of 0 Combined total value = 384,548,106,250
Max-Pain Table for stock monthly expiry
Max Pain | ||
---|---|---|
Symbol | Symbol Ltp | Max Pain |
AARTIIND | 416.65 | 435 |
ABB | 5123.85 | 5200 |
ABBOTINDIA | 29721.15 | 28500 |
ABCAPITAL | 155.51 | 170 |
ABFRL | 251.55 | 260 |
ACC | 1867.1 | 2000 |
ADANIENSOL | 670.65 | 700 |
ADANIENT | 2180.8 | 2320 |
ADANIGREEN | 864.7 | 900 |
ADANIPORTS | 1082.85 | 1100 |
ALKEM | 4741.7 | 4800 |
AMBUJACEM | 479.9 | 510 |
ANGELONE | 2321.25 | 2300 |
APLAPOLLO | 1380.65 | 1420 |
APOLLOHOSP | 6422.65 | 6400 |
APOLLOTYRE | 413.4 | 420 |
ASHOKLEY | 225.41 | 217.5 |
ASIANPAINT | 2239.1 | 2280 |
ASTRAL | 1371.7 | 1400 |
ATGL | 582.65 | 600 |
ATUL | 5564.3 | 5500 |
AUBANK | 525.65 | 535 |
AUROPHARMA | 1135.2 | 1160 |
AXISBANK | 1011.35 | 1000 |
BAJAJ-AUTO | 8479.5 | 8700 |
BAJAJFINSV | 1875.35 | 1820 |
BAJFINANCE | 8439.45 | 8200 |
BALKRISIND | 2675.55 | 2700 |
BANDHANBNK | 133.48 | 145 |
BANKBARODA | 208.89 | 220 |
BANKINDIA | 99.37 | 100 |
BATAINDIA | 1256.35 | 1300 |
BEL | 253.4 | 265 |
BERGEPAINT | 489 | 485 |
BHARATFORG | 1076.05 | 1100 |
BHARTIARTL | 1645.2 | 1660 |
BHEL | 195.09 | 200 |
BIOCON | 336.8 | 350 |
BOSCHLTD | 27295.4 | 30000 |
BPCL | 255.6 | 260 |
BRITANNIA | 4837.5 | 4950 |
BSE | 5631 | 5400 |
BSOFT | 470.95 | 500 |
CAMS | 3371.05 | 3500 |
CANBK | 85.56 | 90 |
CANFINHOME | 600.8 | 640 |
CDSL | 1208.25 | 1220 |
CESC | 131.54 | 130 |
CGPOWER | 584.2 | 580 |
CHAMBLFERT | 536.8 | 530 |
CHOLAFIN | 1375.4 | 1340 |
CIPLA | 1464.15 | 1460 |
COALINDIA | 362.3 | 370 |
COFORGE | 7774.65 | 8000 |
COLPAL | 2460.45 | 2520 |
CONCOR | 696.25 | 730 |
COROMANDEL | 1714.6 | 1760 |
CROMPTON | 329.9 | 345 |
CUB | 157.92 | 165 |
CUMMINSIND | 2690.3 | 2800 |
CYIENT | 1476.5 | 1420 |
DABUR | 504.45 | 520 |
DALBHARAT | 1770.75 | 1800 |
DEEPAKNTR | 1912.85 | 2000 |
DELHIVERY | 276 | 285 |
DIVISLAB | 5934.9 | 5950 |
DIXON | 14088.3 | 14500 |
DLF | 690.15 | 700 |
DMART | 3685 | 3700 |
DRREDDY | 1165.85 | 1190 |
EICHERMOT | 4810.6 | 4900 |
ESCORTS | 3020.1 | 3150 |
EXIDEIND | 364.05 | 370 |
FEDERALBNK | 181.18 | 185 |
GAIL | 163.53 | 165 |
GLENMARK | 1369.45 | 1380 |
GMRAIRPORT | 70.27 | 73 |
GMRINFRA | 0 | 76 |
GNFC | 545.25 | 550 |
GODREJCP | 1024.5 | 1050 |
GODREJPROP | 2047.5 | 2100 |
GRANULES | 531.45 | 540 |
GRASIM | 2463.2 | 2500 |
GUJGASLTD | 395.15 | 400 |
HAL | 3363.75 | 3550 |
HAVELLS | 1515.65 | 1540 |
HCLTECH | 1712.3 | 1720 |
HDFCAMC | 3791.75 | 3850 |
HDFCBANK | 1727.2 | 1720 |
HDFCLIFE | 622.85 | 630 |
HEROMOTOCO | 3879.15 | 4050 |
HFCL | 88.8 | 95 |
HINDALCO | 626.3 | 610 |
HINDCOPPER | 218.11 | 225 |
HINDPETRO | 324.6 | 330 |
HINDUNILVR | 2250.4 | 2320 |
HUDCO | 183.68 | 190 |
ICICIBANK | 1261.65 | 1250 |
ICICIGI | 1728.95 | 1780 |
ICICIPRULI | 576 | 590 |
IDEA | 8.3 | 9 |
IDFCFIRSTB | 59.99 | 61 |
IEX | 169.45 | 170 |
IGL | 193.9 | 195 |
INDHOTEL | 746.7 | 750 |
INDIAMART | 2064.15 | 2100 |
INDIANB | 525.95 | 520 |
INDIGO | 4399.9 | 4350 |
INDUSINDBK | 1035.8 | 1040 |
INDUSTOWER | 341.4 | 355 |
INFY | 1810.8 | 1860 |
IOC | 119.87 | 125 |
IPCALAB | 1467.85 | 1480 |
IRB | 47.08 | 48 |
IRCTC | 728.3 | 760 |
IRFC | 124.27 | 127.5 |
ITC | 406.4 | 420 |
JINDALSTEL | 860.1 | 840 |
JIOFIN | 228.92 | 235 |
JKCEMENT | 4621.85 | 4650 |
JSL | 602.55 | 610 |
JSWENERGY | 454.85 | 450 |
JSWSTEEL | 977.35 | 960 |
JUBLFOOD | 709.45 | 700 |
KALYANKJIL | 483.15 | 500 |
KEI | 3568.6 | 3500 |
KOTAKBANK | 1985 | 1940 |
KPITTECH | 1336.25 | 1400 |
LALPATHLAB | 2612.85 | 2700 |
LAURUSLABS | 546.75 | 570 |
LICHSGFIN | 541 | 560 |
LICI | 764 | 800 |
LODHA | 1181.75 | 1200 |
LT | 3275.9 | 3350 |
LTF | 135.25 | 142.5 |
LTIM | 5470.1 | 5600 |
LTTS | 4872.05 | 5050 |
LUPIN | 1978.25 | 2020 |
M&M | 2757.4 | 2900 |
M&MFIN | 278.4 | 280 |
MANAPPURAM | 202.76 | 195 |
MARICO | 634.95 | 640 |
MARUTI | 12686.15 | 12700 |
MAXHEALTH | 1019.5 | 1020 |
MCX | 5636.5 | 5700 |
METROPOLIS | 1648.4 | 1700 |
MFSL | 1047.15 | 1100 |
MGL | 1293.65 | 1300 |
MOTHERSON | 128.46 | 130 |
MPHASIS | 2611.25 | 2700 |
MRF | 109570.7 | 110000 |
MUTHOOTFIN | 2264.2 | 2240 |
NATIONALUM | 187.08 | 186 |
NAUKRI | 7595.05 | 7700 |
NAVINFLUOR | 4044.05 | 4100 |
NBCC | 80.71 | 82.5 |
NCC | 188.95 | 200 |
NESTLEIND | 2204.95 | 2220 |
NHPC | 74.62 | 74 |
NMDC | 64.95 | 65 |
NTPC | 314.8 | 315 |
NYKAA | 170.77 | 170 |
OBEROIRLTY | 1602.15 | 1660 |
OFSS | 8793.4 | 9000 |
OIL | 396.35 | 410 |
ONGC | 238.3 | 240 |
PAGEIND | 41530.45 | 42000 |
PAYTM | 744.7 | 760 |
PEL | 931.75 | 960 |
PERSISTENT | 5899.8 | 5800 |
PETRONET | 298.35 | 295 |
PFC | 384.45 | 390 |
PHOENIXLTD | 1554.3 | 1600 |
PIDILITIND | 2768.7 | 2840 |
PIIND | 3203.5 | 3350 |
PNB | 92.86 | 97 |
POLICYBZR | 1511.8 | 1600 |
POLYCAB | 5600.1 | 5700 |
POONAWALLA | 285.6 | 300 |
POWERGRID | 263.05 | 270 |
PRESTIGE | 1230.05 | 1300 |
PVRINOX | 990.4 | 1040 |
RAMCOCEM | 862.05 | 870 |
RBLBANK | 161.08 | 162.5 |
RECLTD | 395.65 | 410 |
RELIANCE | 1227.45 | 1250 |
SAIL | 106.53 | 107.5 |
SBICARD | 857.9 | 840 |
SBILIFE | 1475.6 | 1460 |
SBIN | 727.3 | 750 |
SHREECEM | 28655.15 | 28000 |
SHRIRAMFIN | 557.8 | 550 |
SIEMENS | 4954.9 | 5100 |
SJVN | 89.98 | 90 |
SOLARINDS | 8783.7 | 8900 |
SONACOMS | 509.35 | 510 |
SRF | 2728 | 2800 |
SUNPHARMA | 1676.6 | 1700 |
SUNTV | 576.1 | 600 |
SUPREMEIND | 3713.6 | 3700 |
SYNGENE | 704.35 | 720 |
TATACHEM | 853.85 | 900 |
TATACOMM | 1501.8 | 1580 |
TATACONSUM | 1025.3 | 1020 |
TATAELXSI | 6017.6 | 6200 |
TATAMOTORS | 681 | 700 |
TATAPOWER | 347.65 | 360 |
TATASTEEL | 135.76 | 136 |
TCS | 3784.1 | 3900 |
TECHM | 1685.8 | 1680 |
TIINDIA | 2678 | 2800 |
TITAN | 3210.3 | 3300 |
TORNTPHARM | 3120.55 | 3100 |
TORNTPOWER | 1258.7 | 1300 |
TRENT | 4991.45 | 5300 |
TVSMOTOR | 2381.9 | 2460 |
UBL | 2027.2 | 2040 |
ULTRACEMCO | 11291.55 | 11400 |
UNIONBANK | 114.92 | 115 |
UNITDSPR | 1328.85 | 1400 |
UPL | 650.05 | 620 |
VBL | 475.9 | 500 |
VEDL | 423.5 | 430 |
VOLTAS | 1284.1 | 1300 |
WIPRO | 314.1 | 310 |
YESBANK | 18 | 19 |
ZOMATO | 234.1 | 225 |
ZYDUSLIFE | 891.45 | 930 |
Note:
Stock LTP > Max Pain | Bearish Trend |
Stock LTP < Max Pain | Bullish Trend |
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.