ADANIENT gamma exposure, walls and max pain for 9 Oct 2026
Source: NSE end-of-day data, 8 Oct 2026. End of day, not live. Not investment advice.
ADANIENT levels for the session of 9 Oct 2026, from the 8 Oct 2026 close of 2,595.99: call wall 2,600, put wall 2,600, gamma flip 2,351 (the close sat above it), max pain 2,750 for the 27 Oct 2026 expiry, put/call OI ratio 0.55, net GEX ₹28 cr per 1% move.
- Close
- 2,595.99
- 8 Oct 2026
- Call wall
- 2,600
- +0.15%
- Put wall
- 2,600
- +0.15%
- Gamma flip
- 2,351
- Max pain
- 2,750
- Tue 27 Oct 2026 expiry
- PCR (OI)
- 0.55
- nearest 0.54
- Net GEX
- ₹28 cr
- per 1% move
Sign convention on screen: Dealers long calls, short puts. Under the other reading (option writers short every option), net GEX is -₹119 cr per 1% move and there is no gamma flip. Why both are shown.
Gamma exposure by strike
Open interest and OI change by strike
| Strike | Call OI | Put OI | Call OI chg | Put OI chg | Call GEX | Put GEX | Net GEX |
|---|---|---|---|---|---|---|---|
| 2,500 | 1,43,994 | 3,88,413 | +1,37,814 | +2,37,003 | ₹1.5 cr | -₹3.8 cr | -₹2.3 cr |
| 2,550 | 2,22,171 | 3,21,051 | +2,21,553 | +2,57,088 | ₹2.5 cr | -₹3.6 cr | -₹1.1 cr |
| 2,600 | 10,94,478 | 7,51,179 | +10,48,746 | +4,68,444 | ₹12.7 cr | -₹8.5 cr | ₹4.2 cr |
| 2,650 | 5,59,290 | 1,59,135 | +5,59,290 | +88,065 | ₹6.4 cr | -₹1.8 cr | ₹4.6 cr |
| 2,700 | 9,79,530 | 4,65,045 | +8,58,093 | +30,282 | ₹10.4 cr | -₹5 cr | ₹5.5 cr |
Strike by expiry heatmap
| Strike | Tue 27 Oct 2026 | Mon 23 Nov 2026 |
|---|---|---|
| 2,800 | ₹4.2 | ₹0.12 |
| 2,750 | ₹1.7 | |
| 2,700 | ₹5.4 | ₹0.12 |
| 2,650 | ₹4.5 | |
| 2,600 | ₹4.5 | -₹0.33 |
| 2,550 | -₹1.1 | |
| 2,500 | -₹2 | -₹0.36 |
| 2,450 | -₹0.84 | |
| 2,400 | -₹2.7 | -₹0.42 |
Expiries
| Expiry | Days | Lot size | Call OI | Put OI | PCR | Max pain |
|---|---|---|---|---|---|---|
| Tue 27 Oct 2026 | 19 | 309 | 1,08,59,187 | 58,70,691 | 0.54 | 2,750 |
| Mon 23 Nov 2026 | 46 | 309 | 2,09,502 | 2,29,896 | 1.10 | 2,700 |
| Tue 29 Dec 2026 | 82 | 309 | 309 | 1,236 | 4.00 | 2,800 |
Wall migration
| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR | Call OI chg | Put OI chg |
|---|---|---|---|---|---|---|---|---|
| 8 Oct 2026 | 2,595.99 | 2,600 | 2,600 | 2,351 | 2,750 | 0.55 | +32,74,164 | +15,39,438 |
| 7 Oct 2026 | 2,743.02 | 2,900 | 2,800 | 2,544 | 2,900 | 0.58 | +17,45,541 | +3,24,450 |
| 6 Oct 2026 | 2,849.9 | 2,900 | 2,800 | 2,681 | 2,900 | 0.70 | +5,40,750 | +1,39,050 |
Method
Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 81 contracts used, 0 skipped with no solvable volatility, 0 expiring on the trade date left out. GEX is in ₹ crore per 1% move. Full method and sign convention.
Archive: 3 sessions stored since 6 Oct 2026, free, no account.