SBICARD Analysis · Active

SBICARD Options — Where Positioning Sits Today

SBICARD, 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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SBICARD at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
SBICARD525.55n/a0.81520 / 600540Direction 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 384.45Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 667.32Cr, 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 12.2% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 46 strikes are listed.

SBICARD — Direction not established

Not enough matched session positioning for a direction

  • The daySBICARD at 525.55 · PCR 0.81 full expiry, 0.84 on screen
  • The positionsPut wall 520 (6.03L, +4.09L today) · Call wall 600 (10.19L, −1.66L today) · 1.45 puts added per call today
  • The tradingBusiest 520 (37.38L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where SBICARD sits against its walls

  • Above the call wallSustained trade above 600 (+74.45 from spot). Next call Open Interest above: 700 (2.11L).
  • Between the walls · spot is hereSpot between 520 and 600, now 7% of the way up. Max pain 540 (+14.45 from spot).
  • Below the put wallSustained trade below 520 (−5.55 from spot). Next put Open Interest below: 500 (4.00L).

Levels

LevelPriceFrom spotOpen Interest
Call wall600+74 (+14.17%)10.19L
Move range high554+28 (+5.37%)—
Max pain540+14 (+2.75%)—
Next call wall530+4 (+0.85%)7.17L
Spot526——
Put wall520−6 (−1.06%)6.03L
Gamma flip517−9 (−1.62%)—
Next put wall500−26 (−4.86%)4.00L
Move range low497−28 (−5.37%)—

The move being priced

The ATM straddle prices a move of about ±28 to expiry, a range of 497 to 554, at an ATM implied volatility of 29.6%. This is a pricing convention, not a forecast.

How this verdict was reached

  • Comparison windowSession, previous close to 3:22 pm
  • Legs matched34 of 42 (81%) · 15 Call, 19 Put
  • Positioning leanNot measured
  • SBICARD vs previous closeNo previous close
  • ResultDirection not established

What is uncertain

  • 8 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, 430 to 630 · Full expiry, 46 strikes, 240 to 860

SBICARD on the live tools

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