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POLYCAB at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| POLYCAB | 7719.00 | n/a | 0.72 | 7500 / 8000 | 7700 | 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 564.64Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 803.07Cr, 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 17.0% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 57 strikes are listed.
POLYCAB — Direction not established
Not enough matched session positioning for a direction
- The dayPOLYCAB at 7719 · PCR 0.72 full expiry, 0.72 on screen
- The positionsPut wall 7500 (83.4K, +4.1K today) · Call wall 8000 (1.30L, +32.4K today) · 0.38 puts added per call today
- The tradingBusiest 8000 (2.69L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where POLYCAB sits against its walls
- Above the call wallSustained trade above 8000 (+281 from spot). Next call Open Interest above: 8200 (74.6K).
- Between the walls · spot is hereSpot between 7500 and 8000, now 44% of the way up. Max pain 7700 (−19 from spot).
- Below the put wallSustained trade below 7500 (−219 from spot). Next put Open Interest below: 7000 (27.5K).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 8200 | +481 (+6.23%) | 74.6K |
| Move range high | 8173 | +454 (+5.88%) | — |
| Call wall | 8000 | +281 (+3.64%) | 1.30L |
| Spot | 7719 | — | — |
| Next put wall | 7700 | −19 (−0.25%) | 61.5K |
| Max pain | 7700 | −19 (−0.25%) | — |
| Put wall | 7500 | −219 (−2.84%) | 83.4K |
| Move range low | 7265 | −454 (−5.88%) | — |
| Gamma flip | 7106 | −613 (−7.95%) | — |
The move being priced
The ATM straddle prices a move of about ±454 to expiry, a range of 7265 to 8173, at an ATM implied volatility of 32.5%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched35 of 42 (83%) · 14 Call, 21 Put
- Positioning leanNot measured
- POLYCAB vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 7 of 42 displayed legs have no matched session reading.
- Premium figures are priced at ATM 7800, which differs from the strike nearest spot, 7700.
- 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, 6700 to 8700 · Full expiry, 57 strikes, 3800 to 12000
POLYCAB on the live tools
This article is the read. These pages are the terminal, each opening on POLYCAB.