MCX Analysis · Active

MCX Options — Where Positioning Sits Today

MCX, 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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MCX at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
MCX3182.70n/a0.713000 / 32003150Direction 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 948.13Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1220.82Cr, 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 17.5% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 48 strikes are listed.

MCX — Direction not established

Not enough matched session positioning for a direction

  • The dayMCX at 3182.7 · PCR 0.71 full expiry, 0.73 on screen
  • The positionsPut wall 3000 (3.32L, +7.2K today) · Call wall 3200 (4.39L, +14.4K today) · 0.57 puts added per call today
  • The tradingBusiest 3200 (10.91L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where MCX sits against its walls

  • Above the call wallSustained trade above 3200 (+17.3 from spot). Next call Open Interest above: 3300 (3.31L).
  • Between the walls · spot is hereSpot between 3000 and 3200, now 91% of the way up. Max pain 3150 (−32.7 from spot).
  • Below the put wallSustained trade below 3000 (−183 from spot). Next put Open Interest below: 2800 (1.42L).

Levels

LevelPriceFrom spotOpen Interest
Move range high3407+224 (+7.04%)—
Next call wall3300+117 (+3.69%)3.31L
Call wall3200+17 (+0.54%)4.39L
Spot3183——
Max pain3150−33 (−1.03%)—
Next put wall3100−83 (−2.60%)2.50L
Put wall3000−183 (−5.74%)3.32L
Move range low2959−224 (−7.04%)—
Gamma flip2919−263 (−8.27%)—

The move being priced

The ATM straddle prices a move of about ±224 to expiry, a range of 2959 to 3407, at an ATM implied volatility of 38.9%. 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
  • MCX 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, 2700 to 3700 · Full expiry, 48 strikes, 1500 to 4900

MCX on the live tools

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