Market is open
The closing auction session is running (3:15 to 3:35 pm); derivatives keep trading until 3:40 pm.
This is the 3:15 pm update; the page is refreshed about every 30 minutes while the market is open.
LT at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| LT | 3814.80 | n/a | 0.84 | 3700 / 3900 | 3800 | 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 3727.56Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 15279.00Cr, 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 12.3% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 51 strikes are listed.
LT — Direction not established
Not enough matched session positioning for a direction
- The dayLT at 3814.8 · PCR 0.84 full expiry, 0.82 on screen
- The positionsPut wall 3700 (7.44L, +1.15L today) · Call wall 3900 (10.68L, +7.32L today) · 0.41 puts added per call today
- The tradingBusiest 3800 (77.21L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where LT sits against its walls
- Above the call wallSustained trade above 3900 (+85.2 from spot). Next call Open Interest above: 4000 (9.08L).
- Between the walls · spot is hereSpot between 3700 and 3900, now 57% of the way up. Max pain 3800 (−14.8 from spot).
- Below the put wallSustained trade below 3700 (−115 from spot). Next put Open Interest below: 3600 (6.43L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 4000 | +185 (+4.85%) | 9.08L |
| Move range high | 3953 | +138 (+3.61%) | — |
| Call wall | 3900 | +85 (+2.23%) | 10.68L |
| Spot | 3815 | — | — |
| Max pain | 3800 | −15 (−0.39%) | — |
| Put wall | 3700 | −115 (−3.01%) | 7.44L |
| Move range low | 3677 | −138 (−3.61%) | — |
| Gamma flip | 3619 | −196 (−5.13%) | — |
| Next put wall | 3600 | −215 (−5.63%) | 6.43L |
The move being priced
The ATM straddle prices a move of about ±138 to expiry, a range of 3677 to 3953, at an ATM implied volatility of 20.0%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched39 of 42 (93%) · 20 Call, 19 Put
- Positioning leanNot measured
- LT vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 3 of 42 displayed legs have no matched session reading.
- Premium figures are priced at ATM 3850, which differs from the strike nearest spot, 3800.
- 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, 3300 to 4300 · Full expiry, 51 strikes, 1800 to 5500
LT on the live tools
This article is the read. These pages are the terminal, each opening on LT.