HAL Analysis · Active

HAL Options — Where Positioning Sits Today

HAL, read from the same option-chain engine as the live chain — data as of 3:22 pm IST. Every figure is measured from the saved chain; where a reading cannot be formed, the page says so instead of guessing.

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Update 3:15 pm · data as of 3:22 pm IST · Analysis only · Sahi does not provide investment advice

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HAL at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
HAL4832.80n/a0.804800 / 50004900Direction 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 754.57Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 845.84Cr, 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 16.7% 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.

HAL — Direction not established

Not enough matched session positioning for a direction

  • The dayHAL at 4832.8 · PCR 0.80 full expiry, 0.77 on screen
  • The positionsPut wall 4800 (1.51L, +32.3K today) · Call wall 5000 (2.43L, +9.3K today) · 0.74 puts added per call today
  • The tradingBusiest 4800 (4.08L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where HAL sits against its walls

  • Above the call wallSustained trade above 5000 (+167 from spot). Next call Open Interest above: 5100 (1.03L).
  • Between the walls · spot is hereSpot between 4800 and 5000, now 16% of the way up. Max pain 4900 (+67.2 from spot).
  • Below the put wallSustained trade below 4800 (−32.8 from spot). Next put Open Interest below: 4500 (87.0K).

Levels

LevelPriceFrom spotOpen Interest
Move range high5085+252 (+5.22%)—
Call wall5000+167 (+3.46%)2.43L
Next call wall4900+67 (+1.39%)1.82L
Max pain4900+67 (+1.39%)—
Spot4833——
Put wall4800−33 (−0.68%)1.51L
Gamma flip4604−229 (−4.74%)—
Move range low4580−252 (−5.22%)—
Next put wall4500−333 (−6.89%)87.0K

The move being priced

The ATM straddle prices a move of about ±252 to expiry, a range of 4580 to 5085, at an ATM implied volatility of 28.9%. This is a pricing convention, not a forecast.

How this verdict was reached

  • Comparison windowSession, previous close to 3:22 pm
  • Legs matched40 of 42 (95%) · 20 Call, 20 Put
  • Positioning leanNot measured
  • HAL 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, 4350 to 5350 · Full expiry, 66 strikes, 2500 to 7100

HAL on the live tools

This article is the read. These pages are the terminal, each opening on HAL.