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BSE at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| BSE | 3490.30 | n/a | 0.92 | 3400 / 3500 | 3400 | 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 2014.74Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 3636.47Cr, 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 13.3% 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.
BSE — Direction not established
Not enough matched session positioning for a direction
- The dayBSE at 3490.3 · PCR 0.92 full expiry, 0.87 on screen
- The positionsPut wall 3400 (6.97L, +77.4K today) · Call wall 3500 (6.57L, +1.34L today) · 1.23 puts added per call today
- The tradingBusiest 3500 (27.77L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where BSE sits against its walls
- Above the call wallSustained trade above 3500 (+9.7 from spot). Next call Open Interest above: 3600 (5.40L).
- Between the walls · spot is hereSpot between 3400 and 3500, now 90% of the way up. Max pain 3400 (−90.3 from spot).
- Below the put wallSustained trade below 3400 (−90.3 from spot). Next put Open Interest below: 3300 (4.77L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 3730 | +240 (+6.88%) | — |
| Next call wall | 3600 | +110 (+3.14%) | 5.40L |
| Call wall | 3500 | +10 (+0.28%) | 6.57L |
| Spot | 3490 | — | — |
| Put wall | 3400 | −90 (−2.59%) | 6.97L |
| Max pain | 3400 | −90 (−2.59%) | — |
| Gamma flip | 3307 | −183 (−5.24%) | — |
| Next put wall | 3300 | −190 (−5.45%) | 4.77L |
| Move range low | 3250 | −240 (−6.88%) | — |
The move being priced
The ATM straddle prices a move of about ±240 to expiry, a range of 3250 to 3730, at an ATM implied volatility of 38.0%. 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%) · 19 Call, 17 Put
- Positioning leanNot measured
- BSE 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, 3000 to 4000 · Full expiry, 54 strikes, 1500 to 4900
BSE on the live tools
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