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CIPLA at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| CIPLA | 1363.00 | n/a | 1.14 | 1300 / 1400 | 1360 | 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 440.83Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1240.40Cr, 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 13.6% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 79 strikes are listed.
CIPLA — Direction not established
Not enough matched session positioning for a direction
- The dayCIPLA at 1363 · PCR 1.14 full expiry, 1.06 on screen
- The positionsPut wall 1300 (7.02L, +44.2K today) · Call wall 1400 (8.29L, −1.05L today) · 2.87 puts added per call today
- The tradingBusiest 1400 (18.02L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where CIPLA sits against its walls
- Above the call wallSustained trade above 1400 (+37 from spot). Next call Open Interest above: 1480 (3.06L).
- Between the walls · spot is hereSpot between 1300 and 1400, now 63% of the way up. Max pain 1360 (−3 from spot).
- Below the put wallSustained trade below 1300 (−63 from spot). Next put Open Interest below: 1280 (3.73L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 1416 | +53 (+3.90%) | — |
| Call wall | 1400 | +37 (+2.71%) | 8.29L |
| Next call wall | 1370 | +7 (+0.51%) | 2.02L |
| Spot | 1363 | — | — |
| Max pain | 1360 | −3 (−0.22%) | — |
| Gamma flip | 1356 | −7 (−0.54%) | — |
| Next put wall | 1350 | −13 (−0.95%) | 2.53L |
| Move range low | 1310 | −53 (−3.90%) | — |
| Put wall | 1300 | −63 (−4.62%) | 7.02L |
The move being priced
The ATM straddle prices a move of about ±53 to expiry, a range of 1310 to 1416, at an ATM implied volatility of 21.6%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:21 pm
- Legs matched41 of 42 (98%) · 20 Call, 21 Put
- Positioning leanNot measured
- CIPLA vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 1 of 42 displayed legs have no matched session reading.
- Premium figures are priced at ATM 1370, which differs from the strike nearest spot, 1360.
- 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, 1260 to 1460 · Full expiry, 79 strikes, 700 to 1960
CIPLA on the live tools
This article is the read. These pages are the terminal, each opening on CIPLA.