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CUMMINSIND at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| CUMMINSIND | 4587.50 | n/a | 1.19 | 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 161.07Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 349.89Cr, above the Rs 100.00Cr floor; 9 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 11.9% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 76 strikes are listed.
CUMMINSIND — Direction not established
Not enough matched session positioning for a direction
- The dayCUMMINSIND at 4587.5 · PCR 1.19 full expiry, 1.10 on screen
- The positionsPut wall 4500 (46.3K, +18.9K today) · Call wall 4600 (50.1K, +21.3K today) · 1.63 puts added per call today
- The tradingBusiest 4600 (3.12L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where CUMMINSIND sits against its walls
- Above the call wallSustained trade above 4600 (+12.5 from spot). Next call Open Interest above: 4650 (37.6K).
- Between the walls · spot is hereSpot between 4500 and 4600, now 88% of the way up. Max pain 4600 (+12.5 from spot).
- Below the put wallSustained trade below 4500 (−87.5 from spot). Next put Open Interest below: 4350 (43.5K).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 4857 | +270 (+5.88%) | — |
| Next call wall | 4650 | +63 (+1.36%) | 37.6K |
| Gamma flip | 4604 | +16 (+0.36%) | — |
| Call wall | 4600 | +13 (+0.27%) | 50.1K |
| Max pain | 4600 | +13 (+0.27%) | — |
| Spot | 4588 | — | — |
| Put wall | 4500 | −88 (−1.91%) | 46.3K |
| Next put wall | 4350 | −238 (−5.18%) | 43.5K |
| Move range low | 4318 | −270 (−5.88%) | — |
The move being priced
The ATM straddle prices a move of about ±270 to expiry, a range of 4318 to 4857, at an ATM implied volatility of 32.1%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched39 of 42 (93%) · 20 Call, 19 Put
- Positioning leanNot measured
- CUMMINSIND vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 3 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, 76 strikes, 2200 to 7000
CUMMINSIND on the live tools
This article is the read. These pages are the terminal, each opening on CUMMINSIND.