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LTM at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| LTM | 4093.10 | n/a | 0.72 | 4000 / 4100 | 4100 | 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 462.62Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 723.80Cr, 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 15.9% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 25 strikes are listed.
LTM — Direction not established
Not enough matched session positioning for a direction
- The dayLTM at 4093.1 · PCR 0.72 full expiry, 0.72 on screen
- The positionsPut wall 4000 (68.0K, +3.2K today) · Call wall 4100 (1.27L, +3.5K today) · 2.06 puts added per call today
- The tradingBusiest 4100 (3.56L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where LTM sits against its walls
- Above the call wallSustained trade above 4100 (+6.9 from spot). Next call Open Interest above: 4500 (1.15L).
- Between the walls · spot is hereSpot between 4000 and 4100, now 93% of the way up. Max pain 4100 (+6.9 from spot).
- Below the put wallSustained trade below 4000 (−93.1 from spot). Next put Open Interest below: 3900 (66.8K).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 4500 | +407 (+9.94%) | 1.15L |
| Move range high | 4355 | +262 (+6.40%) | — |
| Call wall | 4100 | +7 (+0.17%) | 1.27L |
| Max pain | 4100 | +7 (+0.17%) | — |
| Spot | 4093 | — | — |
| Put wall | 4000 | −93 (−2.27%) | 68.0K |
| Next put wall | 3900 | −193 (−4.72%) | 66.8K |
| Gamma flip | 3871 | −222 (−5.43%) | — |
| Move range low | 3831 | −262 (−6.40%) | — |
The move being priced
The ATM straddle prices a move of about ±262 to expiry, a range of 3831 to 4355, at an ATM implied volatility of 35.5%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched30 of 42 (71%) · 14 Call, 16 Put
- Positioning leanNot measured
- LTM vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 12 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, 2700 to 5500 · Full expiry, 25 strikes, 2200 to 6200
LTM on the live tools
This article is the read. These pages are the terminal, each opening on LTM.