BHEL · Nov
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 Nov. The underlying spot is ₹418.8 with an at-the-money strike of ₹420. The table below shows 18 strikes with call and put last traded prices, open interest and greeks.
Key derivatives metrics for this expiry include max pain at ₹410, put–call ratio (OI) of 0.55, ATM straddle price ₹26.05 and implied volatility index (IVx) at 41.8%. 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 |
| 5.3K | +0 | 0 | 82.00 | 320 | 0.20 | 0 | +0 | 3.73L |
| 1.10L | +0 | 0 | 65.50 | 340 | 0.50 | 0 | +0 | 6.54L |
| 1.08L | +0 | 0 | 58.25 | 350 | 0.75 | 0 | +0 | 11.94L |
| 1.29L | +0 | 0 | 48.80 | 360 | 1.05 | 0 | +0 | 15.17L |
| 3.44L | +0 | 0 | 40.35 | 370 | 1.60 | 0 | +0 | 14.94L |
| 6.72L | +0 | 0 | 39.80 | 380 | 2.45 | 0 | +0 | 29.66L |
| 13.02L | +0 | 0 | 31.60 | 390 | 3.85 | 0 | +0 | 27.14L |
| 57.30L | +0 | 0 | 24.00 | 400 | 6.05 | 0 | +0 | 36.20L |
| 33.84L | +0 | 0 | 17.35 | 410 | 9.40 | 0 | +0 | 19.77L |
| 51.32L | +0 | 0 | 12.10 | 420 | 13.95 | 0 | +0 | 27.54L |
| 52.24L | +0 | 0 | 8.10 | 430 | 19.90 | 0 | +0 | 18.27L |
| 50.82L | +0 | 0 | 5.35 | 440 | 27.25 | 0 | +0 | 5.75L |
| 54.73L | +0 | 0 | 3.60 | 450 | 35.45 | 0 | +0 | 10.00L |
| 31.74L | +0 | 0 | 2.45 | 460 | 59.95 | 0 | +0 | 5.38L |
| 17.32L | +0 | 0 | 1.75 | 470 | 53.00 | 0 | +0 | 78.8K |
| 18.53L | +0 | 0 | 1.25 | 480 | 70.25 | 0 | +0 | 34.1K |
| 24.78L | +0 | 0 | 0.75 | 500 | 75.90 | 0 | +0 | 34.1K |
| 7.67L | +0 | 0 | 0.40 | 520 | 107.00 | 0 | +0 | 1.76L |
Frequently asked questions
- What is max pain for BHEL?
- Max pain for the Nov expiry is ₹410. 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 0.55 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.