BHEL option chain
IV vs HV, IV percentile & PCR history →End of day 02 Nov 2026 · expiry 29 Dec 2026 (57 days) · lot 2625
Spot
394.94
Future
398.40
Forward
398.40
PCR (OI)
0.61
Puts 6.33 L / Calls 10.37 L
PCR (volume)
0.84
Puts 96 / Calls 114
Max pain
400
strike with least total payout to holders
Highest OI
480 CE · 400 PE
ΔOI calls +1.29 L · puts +1.34 L
Open interest by strike
CallsPuts│ ATM┊ Max pain
| Calls | Puts | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildup | OI | ΔOI | IV % | Chg | LTP | Strike | LTP | Chg | IV % | ΔOI | OI | Buildup | ||||||
| Neutral | — | — | 39.17 | 0.00 | 102.60 | 320 | 1.85 | 0.00 | 38.60 | — | 63,000 | Neutral | ||||||
| Neutral | — | — | 38.93 | 0.00 | 86.25 | 340 | 3.70 | 0.00 | 38.60 | — | 5,250 | Neutral | ||||||
| — | — | 38.86 | — | 63.10 | 350 | 9.40 | — | 38.59 | — | — | ||||||||
| Neutral | — | — | 38.82 | 0.00 | 71.35 | 360 | 6.05 | -1.70 | 32.85 | +86,625 | 1.68 L | Short buildup | ||||||
| Neutral | — | — | 38.78 | 0.00 | 49.35 | 370 | 7.00 | -2.65 | 29.37 | +5,250 | 15,750 | Short buildup | ||||||
| Neutral | — | — | 38.76 | 0.00 | 35.00 | 380 | 10.60 | -3.55 | 30.10 | +5,250 | 1.39 L | Short buildup | ||||||
| Neutral | 10,500 | — | 38.73 | 0.00 | 21.45 | 390 | 17.15 | -1.50 | 34.21 | +10,500 | 21,000 | Short buildup | ||||||
| Long buildup | 1.13 L | +39,375 | 32.15 | +2.75 | 19.25 | 400 | 20.50 | -3.40 | 31.61 | +26,250 | 1.94 L | Short buildup | ||||||
| Neutral | 2,625 | — | 38.71 | 0.00 | 13.55 | 410 | 33.75 | 0.00 | 38.54 | — | — | Neutral | ||||||
| Long buildup | 1.13 L | +34,125 | 33.63 | +1.90 | 12.45 | 420 | 35.00 | 0.00 | 38.53 | — | 18,375 | Neutral | ||||||
| Long buildup | 57,750 | +13,125 | 32.02 | +0.75 | 8.70 | 430 | 45.95 | 0.00 | 38.53 | — | — | Neutral | ||||||
| Long buildup | 1.44 L | +23,625 | 32.39 | +0.35 | 6.65 | 440 | 25.00 | 0.00 | 38.51 | — | 2,625 | Neutral | ||||||
| Neutral | — | — | 38.68 | 0.00 | 14.65 | 450 | 59.85 | 0.00 | 38.50 | — | — | Neutral | ||||||
| Long buildup | 1.34 L | +2,625 | 35.19 | +1.00 | 4.60 | 460 | 32.40 | 0.00 | 38.47 | — | 2,625 | Neutral | ||||||
| Long buildup | 3.57 L | +13,125 | 35.14 | +0.25 | 2.50 | 480 | 44.35 | 0.00 | 38.40 | — | 2,625 | Neutral | ||||||
| Neutral | 81,375 | +2,625 | 36.15 | 0.00 | 1.50 | 500 | · | · | · | · | · | · | · | · | · | |||
| Neutral | 23,625 | — | 38.66 | 0.00 | 1.70 | 520 | · | · | · | · | · | · | · | · | · | |||
Source: NSE F&O bhavcopy (EOD, official). Black-76 on the forward; IV from close (settle if untraded). Forward: same-expiry future. Discounting at 5.87% (carry implied by 23 Nov → 29 Dec futures). Buildup labels describe price and open-interest changes only and are not advice. Spot: NSE F&O bhavcopy underlying price.