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BEL at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| BEL | 364.50 | n/a | 1.02 | 360 / 370 | 380 | Direction 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 1053.94Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 702.51Cr, 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 13.4% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 54 strikes are listed.
BEL — Direction not established
Not enough matched session positioning for a direction
- The dayBEL at 364.5 · PCR 1.02 full expiry, 0.94 on screen
- The positionsPut wall 360 (24.47L, +77.0K today) · Call wall 370 (34.26L, +1.23L today) · 0.42 puts added per call today
- The tradingBusiest 370 (42.19L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where BEL sits against its walls
- Above the call wallSustained trade above 370 (+5.5 from spot). Next call Open Interest above: 400 (31.51L).
- Between the walls · spot is hereSpot between 360 and 370, now 45% of the way up. Max pain 380 (+15.5 from spot).
- Below the put wallSustained trade below 360 (−4.5 from spot). Next put Open Interest below: 350 (14.09L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 400 | +36 (+9.74%) | 31.51L |
| Move range high | 385 | +20 (+5.52%) | — |
| Max pain | 380 | +16 (+4.25%) | — |
| Call wall | 370 | +6 (+1.51%) | 34.26L |
| Spot | 365 | — | — |
| Put wall | 360 | −5 (−1.23%) | 24.47L |
| Gamma flip | 357 | −8 (−2.15%) | — |
| Next put wall | 350 | −15 (−3.98%) | 14.09L |
| Move range low | 344 | −20 (−5.52%) | — |
The move being priced
The ATM straddle prices a move of about ±20 to expiry, a range of 344 to 385, at an ATM implied volatility of 30.3%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:21 pm
- Legs matched39 of 42 (93%) · 19 Call, 20 Put
- Positioning leanNot measured
- BEL vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 3 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, 315 to 415 · Full expiry, 54 strikes, 180 to 570
BEL on the live tools
This article is the read. These pages are the terminal, each opening on BEL.