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CHOLAFIN at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| CHOLAFIN | 1555.00 | n/a | 0.87 | 1500 / 1600 | 1520 | 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 501.68Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 3039.05Cr, 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 17.8% 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.
CHOLAFIN — Direction not established
Not enough matched session positioning for a direction
- The dayCHOLAFIN at 1555 · PCR 0.87 full expiry, 0.82 on screen
- The positionsPut wall 1500 (5.13L, +3.48L today) · Call wall 1600 (3.94L, +1.24L today) · 0.82 puts added per call today
- The tradingBusiest 1500 (44.21L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where CHOLAFIN sits against its walls
- Above the call wallSustained trade above 1600 (+45 from spot). Next call Open Interest above: 1700 (1.68L).
- Between the walls · spot is hereSpot between 1500 and 1600, now 55% of the way up. Max pain 1520 (−35 from spot).
- Below the put wallSustained trade below 1500 (−55 from spot). Next put Open Interest below: 1440 (2.54L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 1644 | +89 (+5.70%) | — |
| Call wall | 1600 | +45 (+2.89%) | 3.94L |
| Next call wall | 1560 | +5 (+0.32%) | 2.44L |
| Spot | 1555 | — | — |
| Max pain | 1520 | −35 (−2.25%) | — |
| Put wall | 1500 | −55 (−3.54%) | 5.13L |
| Gamma flip | 1479 | −76 (−4.92%) | — |
| Move range low | 1466 | −89 (−5.70%) | — |
| Next put wall | 1440 | −115 (−7.40%) | 2.54L |
The move being priced
The ATM straddle prices a move of about ±89 to expiry, a range of 1466 to 1644, at an ATM implied volatility of 31.6%. 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
- CHOLAFIN 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, 1360 to 1760 · Full expiry, 66 strikes, 600 to 2440
CHOLAFIN on the live tools
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