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TATASTEEL at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| TATASTEEL | 168.25 | n/a | 0.87 | 160 / 170 | 175 | 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 980.94Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1071.03Cr, 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 16.5% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 47 strikes are listed.
TATASTEEL — Direction not established
Not enough matched session positioning for a direction
- The dayTATASTEEL at 168.25 · PCR 0.87 full expiry, 0.87 on screen
- The positionsPut wall 160 (36.55L, +1.73L today) · Call wall 170 (84.37L, +7.70L today) · 0.09 puts added per call today
- The tradingBusiest 170 (2.18Cr traded) · no leg changed both premium and Open Interest over today, against the previous session
Where TATASTEEL sits against its walls
- Above the call wallSustained trade above 170 (+1.75 from spot). Next call Open Interest above: 175 (72.82L).
- Between the walls · spot is hereSpot between 160 and 170, now 83% of the way up. Max pain 175 (+6.75 from spot).
- Below the put wallSustained trade below 160 (−8.25 from spot). Next put Open Interest below: 155 (14.00L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 177 | +9 (+5.47%) | — |
| Next call wall | 175 | +7 (+4.01%) | 72.82L |
| Max pain | 175 | +7 (+4.01%) | — |
| Call wall | 170 | +2 (+1.04%) | 84.37L |
| Spot | 168 | — | — |
| Next put wall | 165 | −3 (−1.93%) | 26.29L |
| Gamma flip | 160 | −8 (−4.81%) | — |
| Put wall | 160 | −8 (−4.90%) | 36.55L |
| Move range low | 159 | −9 (−5.47%) | — |
The move being priced
The ATM straddle prices a move of about ±9 to expiry, a range of 159 to 177, at an ATM implied volatility of 30.2%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched36 of 42 (86%) · 18 Call, 18 Put
- Positioning leanNot measured
- TATASTEEL vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 6 of 42 displayed legs have no matched session reading.
- Premium figures are priced at ATM 170, which differs from the strike nearest spot, 167.5.
- 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, 142.5 to 192.5 · Full expiry, 47 strikes, 95 to 255
TATASTEEL on the live tools
This article is the read. These pages are the terminal, each opening on TATASTEEL.