BPCL Analysis · Active

BPCL Options — Where Positioning Sits Today

BPCL, 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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BPCL at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
BPCL287.70n/a0.99280 / 300295Direction 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 220.29Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 215.41Cr, 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 20.1% 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.

BPCL — Direction not established

Not enough matched session positioning for a direction

  • The dayBPCL at 287.7 · PCR 0.99 full expiry, 0.97 on screen
  • The positionsPut wall 280 (5.93L, +63.2K today) · Call wall 300 (17.16L, +1.20L today) · 0.84 puts added per call today
  • The tradingBusiest 290 (18.41L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where BPCL sits against its walls

  • Above the call wallSustained trade above 300 (+12.3 from spot). Next call Open Interest above: 320 (4.21L).
  • Between the walls · spot is hereSpot between 280 and 300, now 38% of the way up. Max pain 295 (+7.3 from spot).
  • Below the put wallSustained trade below 280 (−7.7 from spot). Next put Open Interest below: 250 (8.51L).

Levels

LevelPriceFrom spotOpen Interest
Move range high301+14 (+4.70%)—
Call wall300+12 (+4.28%)17.16L
Max pain295+7 (+2.54%)—
Next call wall290+2 (+0.80%)8.95L
Spot288——
Put wall280−8 (−2.68%)5.93L
Gamma flip278−10 (−3.36%)—
Move range low274−14 (−4.70%)—
Next put wall270−18 (−6.15%)3.75L

The move being priced

The ATM straddle prices a move of about ±14 to expiry, a range of 274 to 301, at an ATM implied volatility of 25.9%. 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
  • BPCL 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, 240 to 340 · Full expiry, 44 strikes, 130 to 450

BPCL on the live tools

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