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M&M at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| M&M | 2883.70 | n/a | 0.91 | 2700 / 3000 | 2900 | 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 1148.40Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1670.24Cr, 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 18.3% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 44 strikes are listed.
M&M — Direction not established
Not enough matched session positioning for a direction
- The dayM&M at 2883.7 · PCR 0.91 full expiry, 0.83 on screen
- The positionsPut wall 2700 (3.77L, +14.0K today) · Call wall 3000 (7.98L, +31.4K today) · 0.52 puts added per call today
- The tradingBusiest 2900 (12.30L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where M&M sits against its walls
- Above the call wallSustained trade above 3000 (+116 from spot). Next call Open Interest above: 3500 (2.11L).
- Between the walls · spot is hereSpot between 2700 and 3000, now 61% of the way up. Max pain 2900 (+16.3 from spot).
- Below the put wallSustained trade below 2700 (−184 from spot). Next put Open Interest below: 2600 (1.06L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 3031 | +147 (+5.11%) | — |
| Call wall | 3000 | +116 (+4.03%) | 7.98L |
| Next call wall | 2900 | +16 (+0.57%) | 5.54L |
| Max pain | 2900 | +16 (+0.57%) | — |
| Spot | 2884 | — | — |
| Next put wall | 2850 | −34 (−1.17%) | 2.33L |
| Move range low | 2736 | −147 (−5.11%) | — |
| Gamma flip | 2711 | −173 (−6.00%) | — |
| Put wall | 2700 | −184 (−6.37%) | 3.77L |
The move being priced
The ATM straddle prices a move of about ±147 to expiry, a range of 2736 to 3031, at an ATM implied volatility of 28.3%. 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%) · 19 Call, 20 Put
- Positioning leanNot measured
- M&M 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, 2400 to 3400 · Full expiry, 44 strikes, 1300 to 4500
M&M on the live tools
This article is the read. These pages are the terminal, each opening on M&M.