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 ₹415.35 with an at-the-money strike of ₹415. 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 0.57, ATM straddle price ₹9.05 and implied volatility index (IVx) at 29.4%. 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 |
| 21.0K | +0 | 0 | 50.60 | 370 | 0.10 | 0 | +0 | 4.44L |
| 81.4K | +0 | 0 | 45.00 | 375 | 0.05 | 0 | +0 | 2.07L |
| 1.31L | +0 | 0 | 39.60 | 380 | 0.05 | 0 | +0 | 6.88L |
| 76.1K | +0 | 0 | 41.60 | 385 | 0.20 | 0 | +0 | 3.12L |
| 1.21L | +0 | 0 | 27.10 | 390 | 0.15 | 0 | +0 | 9.40L |
| 1.13L | +0 | 0 | 20.95 | 395 | 0.30 | 0 | +0 | 3.33L |
| 4.15L | +0 | 0 | 17.20 | 400 | 0.55 | 0 | +0 | 21.42L |
| 1.60L | +0 | 0 | 12.80 | 405 | 1.05 | 0 | +0 | 9.40L |
| 13.10L | +0 | 0 | 8.60 | 410 | 2.00 | 0 | +0 | 19.66L |
| 6.98L | +0 | 0 | 5.30 | 415 | 3.75 | 0 | +0 | 11.08L |
| 32.94L | +0 | 0 | 3.10 | 420 | 6.55 | 0 | +0 | 16.14L |
| 22.57L | +0 | 0 | 1.85 | 425 | 10.15 | 0 | +0 | 12.42L |
| 43.97L | +0 | 0 | 1.10 | 430 | 14.25 | 0 | +0 | 19.40L |
| 31.89L | +0 | 0 | 0.75 | 435 | 19.05 | 0 | +0 | 13.52L |
| 42.13L | +0 | 0 | 0.50 | 440 | 23.80 | 0 | +0 | 13.96L |
| 8.90L | +0 | 0 | 0.35 | 445 | 25.75 | 0 | +0 | 2.49L |
| 30.32L | +0 | 0 | 0.30 | 450 | 33.50 | 0 | +0 | 2.68L |
| 8.32L | +0 | 0 | 0.20 | 455 | 28.45 | 0 | +0 | 21.0K |
| 15.75L | +0 | 0 | 0.20 | 460 | 40.50 | 0 | +0 | 34.1K |
| 2.78L | +0 | 0 | 0.10 | 465 | 28.30 | 0 | +0 | 13.1K |
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 0.57 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.