UNIONBANK Analysis · Active

UNIONBANK Options — Where Positioning Sits Today

UNIONBANK, 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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UNIONBANK at a glance

StockSpotDay changePCRPut / call wallMax painVerdict
UNIONBANK182.97n/a0.84180 / 190180Direction 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 288.39Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 269.45Cr, 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 16.0% 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.

UNIONBANK — Direction not established

Not enough matched session positioning for a direction

  • The dayUNIONBANK at 182.97 · PCR 0.84 full expiry, 0.80 on screen
  • The positionsPut wall 180 (16.02L, +79.7K today) · Call wall 190 (20.13L, +6.42L today) · 0.07 puts added per call today
  • The tradingBusiest 180 (30.49L traded) · no leg changed both premium and Open Interest over today, against the previous session

Where UNIONBANK sits against its walls

  • Above the call wallSustained trade above 190 (+7.03 from spot). Next call Open Interest above: 200 (16.82L).
  • Between the walls · spot is hereSpot between 180 and 190, now 30% of the way up. Max pain 180 (−2.97 from spot).
  • Below the put wallSustained trade below 180 (−2.97 from spot). Next put Open Interest below: 175 (11.59L).

Levels

LevelPriceFrom spotOpen Interest
Move range high192+9 (+4.99%)—
Call wall190+7 (+3.84%)20.13L
Next call wall185+2 (+1.11%)20.09L
Spot183——
Put wall180−3 (−1.62%)16.02L
Max pain180−3 (−1.62%)—
Next put wall175−8 (−4.36%)11.59L
Gamma flip174−9 (−4.85%)—
Move range low174−9 (−4.99%)—

The move being priced

The ATM straddle prices a move of about ±9 to expiry, a range of 174 to 192, at an ATM implied volatility of 27.6%. This is a pricing convention, not a forecast.

How this verdict was reached

  • Comparison windowSession, previous close to 3:22 pm
  • Legs matched28 of 42 (67%) · 14 Call, 14 Put
  • Positioning leanNot measured
  • UNIONBANK vs previous closeNo previous close
  • ResultDirection not established

What is uncertain

  • 14 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, 157.5 to 207.5 · Full expiry, 46 strikes, 95 to 260

UNIONBANK on the live tools

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