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FORTIS at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| FORTIS | 758.00 | n/a | 0.69 | 720 / 760 | 740 | 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 199.79Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 329.38Cr, 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 11.9% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 59 strikes are listed.
FORTIS — Direction not established
Not enough matched session positioning for a direction
- The dayFORTIS at 758 · PCR 0.69 full expiry, 0.70 on screen
- The positionsPut wall 720 (3.05L, −1.6K today) · Call wall 760 (3.95L, +46.5K today) · 0.78 puts added per call today
- The tradingBusiest 750 (10.11L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where FORTIS sits against its walls
- Above the call wallSustained trade above 760 (+2 from spot). Next call Open Interest above: 800 (2.27L).
- Between the walls · spot is hereSpot between 720 and 760, now 95% of the way up. Max pain 740 (−18 from spot).
- Below the put wallSustained trade below 720 (−38 from spot). Next put Open Interest below: 700 (2.21L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 800 | +42 (+5.58%) | — |
| Next call wall | 800 | +42 (+5.54%) | 2.27L |
| Call wall | 760 | +2 (+0.26%) | 3.95L |
| Spot | 758 | — | — |
| Max pain | 740 | −18 (−2.37%) | — |
| Put wall | 720 | −38 (−5.01%) | 3.05L |
| Move range low | 716 | −42 (−5.58%) | — |
| Next put wall | 700 | −58 (−7.65%) | 2.21L |
| Gamma flip | 675 | −83 (−10.95%) | — |
The move being priced
The ATM straddle prices a move of about ±42 to expiry, a range of 716 to 800, at an ATM implied volatility of 30.9%. 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
- FORTIS 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, 660 to 860 · Full expiry, 59 strikes, 300 to 1050
FORTIS on the live tools
This article is the read. These pages are the terminal, each opening on FORTIS.