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IDEA at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| IDEA | 11.86 | n/a | 0.62 | 11 / 13 | 13 | 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 1640.03Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 899.40Cr, above the Rs 100.00Cr floor; 10 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 22.6% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 19 strikes are listed.
IDEA — Direction not established
Not enough matched session positioning for a direction
- The dayIDEA at 11.86 · PCR 0.62 full expiry, 0.62 on screen
- The positionsPut wall 11 (6.41Cr, −12.87L today) · Call wall 13 (21.69Cr, +3.31Cr today) · 0.27 puts added per call today
- The tradingBusiest 12 (22.46Cr traded) · no leg changed both premium and Open Interest over today, against the previous session
Where IDEA sits against its walls
- Above the call wallSustained trade above 13 (+1.14 from spot). Next call Open Interest above: 14 (21.07Cr).
- Between the walls · spot is hereSpot between 11 and 13, now 43% of the way up. Max pain 13 (+1.14 from spot).
- Below the put wallSustained trade below 11 (−0.86 from spot). Next put Open Interest below: 10 (5.16Cr).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 14 | +2 (+18.04%) | 21.07Cr |
| Call wall | 13 | +1 (+9.61%) | 21.69Cr |
| Max pain | 13 | +1 (+9.61%) | — |
| Move range high | 13 | +1 (+8.17%) | — |
| Spot | 12 | — | — |
| Put wall | 11 | −1 (−7.25%) | 6.41Cr |
| Move range low | 11 | −1 (−8.17%) | — |
| Gamma flip | 10 | −2 (−13.06%) | — |
| Next put wall | 10 | −2 (−15.68%) | 5.16Cr |
The move being priced
The ATM straddle prices a move of about ±1 to expiry, a range of 11 to 13, at an ATM implied volatility of 45.0%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched20 of 38 (53%) · 11 Call, 9 Put
- Positioning leanNot measured
- IDEA vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 18 of 38 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 · 19 displayed strikes, 2 to 22 · Full expiry, 19 strikes, 2 to 22
IDEA on the live tools
This article is the read. These pages are the terminal, each opening on IDEA.