BHEL · Aug
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 Aug. The underlying spot is ₹406.45 with an at-the-money strike of ₹410. 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 ₹410, put–call ratio (OI) of 0.53, ATM straddle price ₹24.7 and implied volatility index (IVx) at 38.9%. 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.
| CALLS | Strike | PUTS | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | ΔOI | Vol | LTP | · | LTP | Vol | ΔOI | OI |
| 68.3K | +0 | 0 | 43.65 | 360 | 0.95 | 3.04L | +76.1K | 8.19L |
| 2.6K | +0 | 0 | 50.00 | 365 | 1.15 | 1.08L | -10.5K | 1.23L |
| 2.63L | +0 | 7.9K | 40.35 | 370 | 1.55 | 5.51L | +1.42L | 15.09L |
| 31.5K | +0 | 0 | 32.50 | 375 | 2.10 | 94.5K | +2.6K | 3.91L |
| 6.90L | -7.9K | 81.4K | 31.05 | 380 | 2.80 | 7.46L | +1.36L | 11.73L |
| 1.05L | +0 | 0 | 21.95 | 385 | 3.70 | 4.51L | +21.0K | 5.14L |
| 2.94L | -21.0K | 1.16L | 23.00 | 390 | 4.90 | 9.35L | +39.4K | 13.44L |
| 5.41L | -5.3K | 1.57L | 20.15 | 395 | 6.45 | 8.66L | +73.5K | 10.13L |
| 19.66L | -44.6K | 17.67L | 16.05 | 400 | 8.30 | 17.14L | +1.47L | 30.11L |
| 12.89L | +3.65L | 22.73L | 13.20 | 405 | 10.80 | 10.58L | -42.0K | 13.81L |
| 73.58L | +28.64L | 82.58L | 11.35 | 410 | 13.35 | 11.23L | +18.4K | 22.63L |
| 23.76L | -2.6K | 15.25L | 9.25 | 415 | 16.30 | 7.77L | -3.15L | 12.29L |
| 67.49L | -1.42L | 31.63L | 7.55 | 420 | 19.65 | 3.20L | -34.1K | 18.95L |
| 12.23L | +49.9K | 8.95L | 6.00 | 425 | 22.75 | 55.1K | -13.1K | 5.75L |
| 22.21L | -5.3K | 13.28L | 4.85 | 430 | 26.95 | 18.4K | -5.3K | 5.38L |
| 8.03L | +39.4K | 5.36L | 3.90 | 435 | 30.50 | 13.1K | +7.9K | 57.8K |
| 28.53L | +1.10L | 16.09L | 3.25 | 440 | 40.90 | 0 | +0 | 8.87L |
| 7.04L | +7.9K | 2.07L | 2.60 | 445 | 36.80 | 0 | +0 | 44.6K |
| 40.95L | +1.34L | 15.75L | 2.20 | 450 | 46.45 | 0 | +0 | 1.65L |
| 2.63L | +36.8K | 2.05L | 1.80 | 455 | 43.25 | 0 | +0 | 2.6K |
Frequently asked questions
- What is max pain for BHEL?
- Max pain for the Aug 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 0.53 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.