BHEL · Sep
Quick snapshot of the current expiry option chain — spot, ATM, max pain, OI bias, straddle price and IVx at a glance. Switch to the terminal for full strategy tools.
This is the live option chain for BHEL expiring Sep. The underlying spot is ₹429.2 with an at-the-money strike of ₹430. The table below shows 20 strikes with call and put last traded prices, open interest and greeks.
Key derivatives metrics for this expiry include max pain at ₹425, put–call ratio (OI) of 0.71, ATM straddle price ₹18.7 and implied volatility index (IVx) at 32.8%. These summary stats help you judge whether writers are positioned for a range-bound move or a directional breakout.
3 expiries are available — use the expiry selector to compare weekly and monthly series and see how open interest migrates across tenors. Open the tick2trade terminal for multi-leg strategy building, payoff charts and advanced open-interest analysis beyond this public snapshot.
| CALLS | Strike | PUTS | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | ΔOI | Vol | LTP | · | LTP | Vol | ΔOI | OI |
| 2.60L | -7.9K | 18.4K | 49.50 | 380 | 0.55 | 5.43L | +36.8K | 12.84L |
| 76.1K | +0 | 15.8K | 36.30 | 385 | 0.60 | 3.75L | +23.6K | 5.88L |
| 1.39L | -13.1K | 65.6K | 39.75 | 390 | 0.80 | 18.53L | -1.08L | 11.31L |
| 1.13L | +0 | 0 | 20.95 | 395 | 1.00 | 21.76L | -1.89L | 3.25L |
| 7.19L | -42.0K | 3.36L | 30.50 | 400 | 1.40 | 68.46L | +1.02L | 25.59L |
| 1.57L | -7.9K | 1.86L | 25.80 | 405 | 2.00 | 34.36L | +1.71L | 8.64L |
| 20.08L | -2.65L | 29.01L | 21.85 | 410 | 2.80 | 66.12L | +2.23L | 27.43L |
| 7.82L | -2.57L | 27.72L | 17.80 | 415 | 3.80 | 47.59L | +3.96L | 15.86L |
| 32.39L | -5.99L | 103.71L | 14.15 | 420 | 5.40 | 93.00L | +12.05L | 29.56L |
| 15.99L | -4.75L | 70.77L | 11.20 | 425 | 7.50 | 58.93L | +9.61L | 20.82L |
| 42.34L | -16.41L | 168.92L | 8.75 | 430 | 9.95 | 49.27L | +6.75L | 29.71L |
| 28.59L | -3.52L | 60.85L | 6.75 | 435 | 12.70 | 4.72L | -26.3K | 12.21L |
| 30.79L | -4.83L | 95.89L | 5.00 | 440 | 15.70 | 2.94L | -13.1K | 13.83L |
| 16.56L | -81.4K | 58.14L | 3.75 | 445 | 19.00 | 47.3K | -5.3K | 1.52L |
| 37.75L | -2.05L | 76.33L | 2.80 | 450 | 23.85 | 94.5K | -7.9K | 2.21L |
| 5.20L | -23.6K | 14.46L | 2.10 | 455 | 29.95 | 5.3K | +0 | 21.0K |
| 21.03L | +44.6K | 23.00L | 1.60 | 460 | 32.05 | 7.9K | +0 | 39.4K |
| 3.44L | +55.1K | 3.54L | 1.20 | 465 | 41.95 | 0 | +0 | 7.9K |
| 11.60L | +1.02L | 11.34L | 0.95 | 470 | 40.45 | 0 | +0 | 1.10L |
| 2.42L | +23.6K | 1.42L | 0.75 | 475 | 51.00 | 0 | +0 | 18.4K |
Frequently asked questions
- What is max pain for BHEL?
- Max pain for the Sep expiry is ₹425. It is the strike where combined call and put open interest would cause the largest loss to option buyers at expiry, often used as a reference level for range expectations.
- What does the PCR (OI) of 0.71 indicate?
- Put–call ratio by open interest compares total put OI to call OI for this expiry. Values above 1 generally indicate more put writing or hedging; values below 1 suggest more call-side positioning. Context matters — combine PCR with spot trend and IVx before drawing conclusions.
- How do I trade BHEL options on tick2trade?
- This page is a read-only snapshot. Open the tick2trade terminal to place orders, build multi-leg strategies and access full greeks, margin and execution tools for BHEL derivatives.