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BRITANNIA at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| BRITANNIA | 4575.70 | n/a | 0.93 | 4500 / 4600 | 4600 | 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 177.14Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 199.73Cr, above the Rs 100.00Cr floor; 8 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 18.6% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 66 strikes are listed.
BRITANNIA — Direction not established
Not enough matched session positioning for a direction
- The dayBRITANNIA at 4575.7 · PCR 0.93 full expiry, 0.89 on screen
- The positionsPut wall 4500 (46.8K, +750 today) · Call wall 4600 (78.6K, +60.3K today) · 0.31 puts added per call today
- The tradingBusiest 4600 (1.71L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where BRITANNIA sits against its walls
- Above the call wallSustained trade above 4600 (+24.3 from spot). Next call Open Interest above: 4700 (57.8K).
- Between the walls · spot is hereSpot between 4500 and 4600, now 76% of the way up. Max pain 4600 (+24.3 from spot).
- Below the put wallSustained trade below 4500 (−75.7 from spot). Next put Open Interest below: 4400 (35.3K).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 4789 | +213 (+4.66%) | — |
| Next call wall | 4700 | +124 (+2.72%) | 57.8K |
| Call wall | 4600 | +24 (+0.53%) | 78.6K |
| Max pain | 4600 | +24 (+0.53%) | — |
| Spot | 4576 | — | — |
| Put wall | 4500 | −76 (−1.65%) | 46.8K |
| Next put wall | 4400 | −176 (−3.84%) | 35.3K |
| Gamma flip | 4397 | −178 (−3.90%) | — |
| Move range low | 4362 | −213 (−4.66%) | — |
The move being priced
The ATM straddle prices a move of about ±213 to expiry, a range of 4362 to 4789, at an ATM implied volatility of 45.0%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:21 pm
- Legs matched36 of 42 (86%) · 15 Call, 21 Put
- Positioning leanNot measured
- BRITANNIA vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 6 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, 4100 to 5100 · Full expiry, 66 strikes, 2400 to 7000
BRITANNIA on the live tools
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