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GAIL at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| GAIL | 165.65 | n/a | 1.03 | 160 / 170 | 175 | 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 259.16Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 201.35Cr, 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 24.2% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 40 strikes are listed.
GAIL — Direction not established
Not enough matched session positioning for a direction
- The dayGAIL at 165.65 · PCR 1.03 full expiry, 1.04 on screen
- The positionsPut wall 160 (17.50L, +1.46L today) · Call wall 170 (24.67L, +2.70L today) · 0.30 puts added per call today
- The tradingBusiest 165 (25.13L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where GAIL sits against its walls
- Above the call wallSustained trade above 170 (+4.35 from spot). Next call Open Interest above: 190 (21.12L).
- Between the walls · spot is hereSpot between 160 and 170, now 57% of the way up. Max pain 175 (+9.35 from spot).
- Below the put wallSustained trade below 160 (−5.65 from spot). Next put Open Interest below: 150 (7.28L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 180 | +14 (+8.66%) | 15.44L |
| Max pain | 175 | +9 (+5.64%) | — |
| Move range high | 174 | +8 (+4.80%) | — |
| Call wall | 170 | +4 (+2.63%) | 24.67L |
| Spot | 166 | — | — |
| Next put wall | 165 | −1 (−0.39%) | 15.23L |
| Gamma flip | 162 | −4 (−2.16%) | — |
| Put wall | 160 | −6 (−3.41%) | 17.50L |
| Move range low | 158 | −8 (−4.80%) | — |
The move being priced
The ATM straddle prices a move of about ±8 to expiry, a range of 158 to 174, at an ATM implied volatility of 26.5%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched36 of 42 (86%) · 17 Call, 19 Put
- Positioning leanNot measured
- GAIL vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 6 of 42 displayed legs have no matched session reading.
- Premium figures are priced at ATM 167.5, which differs from the strike nearest spot, 165.
- 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, 140 to 190 · Full expiry, 40 strikes, 90 to 245
GAIL on the live tools
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