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UPL at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| UPL | 534.25 | n/a | 0.73 | 500 / 550 | 530 | 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 360.36Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 906.26Cr, above the Rs 100.00Cr floor; 10 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 14.8% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 87 strikes are listed.
UPL — Direction not established
Not enough matched session positioning for a direction
- The dayUPL at 534.25 · PCR 0.73 full expiry, 0.61 on screen
- The positionsPut wall 500 (7.47L, +1.42L today) · Call wall 550 (13.43L, +11.00L today) · 0.42 puts added per call today
- The tradingBusiest 530 (35.09L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where UPL sits against its walls
- Above the call wallSustained trade above 550 (+15.75 from spot). Next call Open Interest above: 600 (4.23L).
- Between the walls · spot is hereSpot between 500 and 550, now 69% of the way up. Max pain 530 (−4.25 from spot).
- Below the put wallSustained trade below 500 (−34.25 from spot). Next put Open Interest below: 490 (1.22L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 571 | +37 (+6.94%) | — |
| Call wall | 550 | +16 (+2.95%) | 13.43L |
| Next call wall | 540 | +6 (+1.08%) | 6.44L |
| Spot | 534 | — | — |
| Max pain | 530 | −4 (−0.80%) | — |
| Next put wall | 520 | −14 (−2.67%) | 7.10L |
| Put wall | 500 | −34 (−6.41%) | 7.47L |
| Move range low | 497 | −37 (−6.94%) | — |
| Gamma flip | 460 | −74 (−13.90%) | — |
The move being priced
The ATM straddle prices a move of about ±37 to expiry, a range of 497 to 571, at an ATM implied volatility of 38.3%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched38 of 42 (90%) · 19 Call, 19 Put
- Positioning leanNot measured
- UPL vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 4 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, 485 to 585 · Full expiry, 87 strikes, 240 to 780
UPL on the live tools
This article is the read. These pages are the terminal, each opening on UPL.