NIFTY 5023,862.60+2.21%NIFTY BANK57,643.90+2.28%Snapshot

Option chain

BEL

23 Nov 2026 expiry · 21 strikes around the money

426.90
Forward estimate · 35 strikes analysed · Market closed · Snapshot
Put-call ratio0.43more calls open
Max pain400strike of least writer payout
ATM straddle₹47.60call + put at 400
Expected move± ₹47.6011.96% by expiry
LiquidityPoor37% of legs quoted
PositioningBearish positioning26% confidence

The chain prices a move to roughly ₹350.40₹445.60 by expiry.

Option chain

Reference strike 430
BEL option chain for 2026-11-23. Calls on the left, puts on the right, strikes down the centre.
CallsPuts
OIVolumeIVLTPStrikeLTPIVVolumeOI
00CE330PE00
0041.89%CE340PE41.89%00
00CE350PE00
0042.12%CE360PE42.12%00
0042.31%CE370PE42.31%00
00CE380PE00
0030.94%CE390PES30.94%1,42555,575
0030.76%CE400PEMP30.76%1,42519,950
0043.46%CE410PE43.46%00
1,4251,42533.09%CE420PE33.09%00
Spot ₹426.90
00CE430PE00
84,075018.13%CE440PER18.13%00
18,52548,45017.33%CE450PE17.33%00
72,675019.72%CE460PE19.72%00
00CE470PE00
00CE480PE00
00CE490PE00
00CE500PE00
0051000
0052000
0053000

23 of 42 legs unpricedMP max painS open-interest supportR resistanceShaded cells are in the moneyChoose a premium to trade · CE / PE opens the contract

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