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BIOCON at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| BIOCON | 349.50 | n/a | 0.88 | 320 / 350 | 340 | 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 688.86Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1000.36Cr, 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 18.4% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 59 strikes are listed.
BIOCON — Direction not established
Not enough matched session positioning for a direction
- The dayBIOCON at 349.5 · PCR 0.88 full expiry, 0.84 on screen
- The positionsPut wall 320 (22.20L, −17.5K today) · Call wall 350 (32.25L, +3.30L today) · 1.35 puts added per call today
- The tradingBusiest 350 (65.05L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where BIOCON sits against its walls
- Above the call wallSustained trade above 350 (+0.5 from spot). Next call Open Interest above: 360 (12.20L).
- Between the walls · spot is hereSpot between 320 and 350, now 98% of the way up. Max pain 340 (−9.5 from spot).
- Below the put wallSustained trade below 320 (−29.5 from spot). Next put Open Interest below: 310 (38.20L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 369 | +19 (+5.51%) | — |
| Next call wall | 360 | +11 (+3.00%) | 12.20L |
| Call wall | 350 | +1 (+0.14%) | 32.25L |
| Spot | 350 | — | — |
| Max pain | 340 | −10 (−2.72%) | — |
| Move range low | 330 | −19 (−5.51%) | — |
| Next put wall | 330 | −20 (−5.58%) | 20.85L |
| Gamma flip | 323 | −27 (−7.71%) | — |
| Put wall | 320 | −30 (−8.44%) | 22.20L |
The move being priced
The ATM straddle prices a move of about ±19 to expiry, a range of 330 to 369, at an ATM implied volatility of 30.5%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:21 pm
- Legs matched40 of 42 (95%) · 20 Call, 20 Put
- Positioning leanNot measured
- BIOCON vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 2 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, 300 to 400 · Full expiry, 59 strikes, 140 to 550
BIOCON on the live tools
This article is the read. These pages are the terminal, each opening on BIOCON.