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// option chain
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BHEL · Jul

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 Jul. The underlying spot is ₹440.1 with an at-the-money strike of ₹440. 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 ₹420, put–call ratio (OI) of 0.73, ATM straddle price ₹29.85 and implied volatility index (IVx) at 47.9%. 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.

Frequently asked questions

What is max pain for BHEL?
Max pain for the Jul expiry is ₹420. 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 0.73 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.
// symbol
// expiry
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Spot
440.10
ATM
440
Max Pain
420
PCR (OI)
0.73
Highest Call OI
420
Highest Put OI
420
ATM Straddle
29.85
Highest Call ΔOI
440
Highest Put ΔOI
430
IVx
47.93%
// option chain20 strikes · spot 440.10
CALLSStrikePUTS
OIΔOIVolLTP·LTPVolΔOIOI
10.50L-2.52L14.60L37.504053.0564.81L+3.25L17.35L
7.48L-47.3K10.55L35.254083.5021.18L+57.8K8.98L
71.14L+15.38L268.35L33.004103.80275.42L+17.85L41.40L
6.48L-99.8K45.54L31.254134.6051.66L-97.1K6.72L
24.54L+6.56L268.49L29.204155.15146.55L+2.10L15.64L
11.87L-1.55L75.18L27.504185.7067.12L+3.65L8.71L
72.50L+20.48L720.54L25.804206.40277.75L+27.20L44.44L
3.78L+60.4K70.32L24.054237.3031.45L+1.23L6.90L
13.20L+65.6K240.00L22.454258.0061.27L+7.32L10.81L
2.42L+1.08L39.61L20.904289.0521.47L+4.67L5.28L
41.76L+16.27L688.77L19.5543010.00112.64L+31.32L33.99L
25.59L+20.97L156.29L16.9543512.4035.94L+12.23L12.89L
57.91L+23.28L489.01L14.7044015.1542.52L+16.33L17.19L
3.78L+1.68L29.45L13.6544316.508.37L+2.36L3.10L
7.32L+3.15L48.20L12.5044518.101.81L+76.1K76.1K
2.63L+65.6K13.91L11.6044858.750+036.8K
46.23L+16.35L429.03L10.6045020.856.48L+2.00L2.65L
6.41L+2.55L39.77L8.9045525.002.6K+02.6K
24.25L+5.57L245.15L7.6546027.701.63L+5.3K68.3K
27.01L+10.58L216.88L5.2547039.605.3K+05.3K
// full toolkit
Strategy builder, multi-strike chart & live greeks inside the terminal.
Launch terminal for BHEL
// other option chains231 total