BDL Analysis · Active

BDL Options — Where Positioning Sits Today

BDL, read from the same option-chain engine as the live chain — data as of 3:21 pm IST. Every figure is measured from the saved chain; where a reading cannot be formed, the page says so instead of guessing.

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Update 3:15 pm · data as of 3:21 pm IST · Analysis only · Sahi does not provide investment advice

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BDL at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
BDL993.30n/a0.86980 / 10001040Direction not established

Comparison window: session. PCR is full-expiry Open Interest, puts ÷ calls. The walls are the largest put Open Interest at or below spot and the largest call Open Interest at or above it.

Why this stock has the detailed view: Decided from the latest snapshot alone (no ledger of at least 3 sessions yet); Open interest within 5 strikes of the money is Rs 292.59Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 301.42Cr, above the Rs 100.00Cr floor; 11 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 16.7% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 44 strikes are listed.

BDL — Direction not established

Not enough matched session positioning for a direction

  • The dayBDL at 993.3 · PCR 0.86 full expiry, 0.84 on screen
  • The positionsPut wall 980 (2.14L, +1.55L today) · Call wall 1000 (4.30L, +1.70L today) · 0.59 puts added per call today
  • The tradingBusiest 1000 (9.21L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where BDL sits against its walls

  • Above the call wallSustained trade above 1000 (+6.7 from spot). Next call Open Interest above: 1100 (3.49L).
  • Between the walls · spot is hereSpot between 980 and 1000, now 66% of the way up. Max pain 1040 (+46.7 from spot).
  • Below the put wallSustained trade below 980 (−13.3 from spot). Next put Open Interest below: 880 (1.21L).

Levels

LevelPriceFrom spotOpen Interest
Next call wall1100+107 (+10.74%)3.49L
Move range high1073+79 (+8.00%)—
Max pain1040+47 (+4.70%)—
Call wall1000+7 (+0.67%)4.30L
Spot993——
Put wall980−13 (−1.34%)2.14L
Gamma flip933−60 (−6.07%)—
Move range low914−79 (−8.00%)—
Next put wall880−113 (−11.41%)1.21L

The move being priced

The ATM straddle prices a move of about ±79 to expiry, a range of 914 to 1073, at an ATM implied volatility of 44.1%. This is a pricing convention, not a forecast.

How this verdict was reached

  • Comparison windowSession, previous close to 3:21 pm
  • Legs matched34 of 42 (81%) · 16 Call, 18 Put
  • Positioning leanNot measured
  • BDL vs previous closeNo previous close
  • ResultDirection not established

What is uncertain

  • 8 of 42 displayed legs have no matched session reading.
  • The previous close for the immediately preceding session is not available, so the day change is left unknown rather than measured against an older date.

Expiry 2026-11-23 · 21 displayed strikes, 800 to 1200 · Full expiry, 44 strikes, 520 to 1520

BDL on the live tools

This article is the read. These pages are the terminal, each opening on BDL.