ASIANPAINT gamma exposure, walls and max pain for 30 Oct 2026

ASIANPAINT closed at ₹2,301.48 on 29 Oct 2026. Levels for the session of 30 Oct 2026 from that close: call wall ₹2,300, put wall ₹2,200, gamma flip ₹2,260 (the close sat above it), max pain ₹2,300 for the 23 Nov 2026 expiry. Call open interest exceeded put open interest: 35,23,250 call units and 31,65,000 put units. Calls added 15,99,500 units; puts added 15,16,000 units against the prior file. The ASIANPAINT gamma exposure by strike chart, the strike by expiry heatmap and the wall migration across archived sessions are at squawkflow.com/india/stocks/asianpaint, updated after each end-of-day exchange file.

Source: public end-of-day exchange data, 29 Oct 2026. End of day, not live. Not investment advice.

Computed from the 29 Oct 2026 close. Next update after the 30 Oct 2026 close, checked hourly from 18:10 to 21:10 IST that day.

Close: 2,301.48; 29 Oct 2026, lot size 250
Call wall: 2,300; -0.06% from the close
Put wall: 2,200; -4.41% from the close
Gamma flip: 2,260; close above it
Max pain: 2,300; Mon 23 Nov 2026 expiry
PCR (OI): 0.90; nearest expiry 0.90
Net GEX: ₹6 cr; per 1% move

Close2,301.48close
Call wall2,300-0.06%
Max pain2,300-0.06%
Gamma flip2,260-1.80%
Put wall2,200-4.41%

ASIANPAINT: what changed in the exchange file

ASIANPAINT's 23 Nov 2026 max pain was ₹2,300, below the close by 0.06%. This is an open-interest payout minimum, not a price target.

The largest absolute call OI change in ASIANPAINT's stored strike aggregation was at ₹2,300: +3,46,750 units, an addition.

The largest absolute put OI change in ASIANPAINT's stored strike aggregation was at ₹2,200: +3,89,500 units, an addition.

In ASIANPAINT's stored 28 Oct 2026 row, the close was ₹2,284.6, call OI 19,23,750 and put OI 16,49,000.

For ASIANPAINT's 23 Nov 2026 future, the closing price rose (0.75%) and open interest increased (0.82%) on 29 Oct 2026. Futures and option units are separate series.

Gamma exposure by strike

Put GEXStrikeCall GEXNetLevel

2,380₹1.1 cr

2,360₹0.79 cr

2,340₹1.3 cr

2,320₹0.62 cr

2,300₹4.6 crclosecall wallmax pain

2,280₹0.35 cr

2,260-₹0.14 crflip

2,240-₹2 cr

2,220-₹1 crput wall

Open interest and OI change by strike

Open interest and its change in units, summed over all listed expiries; GEX in ₹ crore per 1% move from expiries within 60 days. Strikes within 5% of the close.
Strike	Call OI	Put OI	Call OI chg	Put OI chg	Call GEX	Put GEX	Net GEX
2,200	1,09,000	5,21,000	+69,250	+3,89,500	₹1.1 cr	-₹5.2 cr	-₹4.1 cr
2,220	39,000	1,28,750	+39,000	+1,08,750	₹0.46 cr	-₹1.5 cr	-₹1 cr
2,240	1,14,750	2,77,000	+69,500	+2,27,000	₹1.4 cr	-₹3.4 cr	-₹2 cr
2,260	1,45,750	1,56,000	+1,10,500	+1,03,250	₹1.9 cr	-₹2.1 cr	-₹0.14 cr
2,280	1,13,500	88,000	+61,000	+31,000	₹1.5 cr	-₹1.2 cr	₹0.35 cr
2,300	6,64,750	3,43,500	+3,46,750	+65,500	₹9.2 cr	-₹4.6 cr	₹4.6 cr
2,320	86,000	41,500	+49,000	+20,000	₹1.2 cr	-₹0.57 cr	₹0.62 cr
2,340	1,23,000	24,500	+68,000	+9,000	₹1.7 cr	-₹0.33 cr	₹1.3 cr
2,360	96,250	34,750	+63,750	+3,250	₹1.2 cr	-₹0.44 cr	₹0.79 cr
2,380	94,750	9,500	+31,750	+500	₹1.2 cr	-₹0.12 cr	₹1.1 cr
2,400	5,61,250	69,000	+1,77,250	+250	₹6.2 cr	-₹0.78 cr	₹5.4 cr

Strike by expiry heatmap

Net GEX (dealers long calls) by strike and expiry, ₹ crore per 1% move. Tint shows sign and size: one colour for positive gamma, the other for negative, and negative values carry a minus sign.
Strike	Mon 23 Nov 2026
2,480	₹0.28
2,460	₹0.49
2,440	₹0.57
2,420	₹0.4
2,400	₹5.4
2,380	₹1.1
2,360	₹0.79
2,340	₹1.3
2,320	₹0.62
2,300	₹4.6
2,280	₹0.35
2,260	-₹0.14
2,240	-₹2
2,220	-₹1
2,200	-₹4.1
2,180	-₹0.45
2,160	-₹2.6
2,140	-₹0.59
2,120	-₹0.31

Expiries

Lot sizes as printed on each contract row of the exchange file.
Expiry	Days	Lot size	Call OI	Put OI	PCR	Max pain
Mon 23 Nov 2026	25	250	34,65,250	31,04,250	0.90	2,300
Tue 29 Dec 2026	61	250	58,000	53,500	0.92	2,300
Mon 25 Jan 2027	88	250	0	7,250	n/a	no open interest yet

Wall migration

Call wall2,400 to 2,300
Put wall2,400 to 2,200
Max pain2,400 to 2,300
Close2,424.19 to 2,301.48

Date	Close	Call wall	Put wall	Gamma flip	Max pain	PCR	Call OI chg	Put OI chg
29 Oct 2026	2,301.48	2,300	2,200	2,260	2,300	0.90	+15,99,500	+15,16,000
28 Oct 2026	2,284.6	2,300	2,300	2,252	2,300	0.86	+5,89,000	+3,04,500
27 Oct 2026	2,277.2	2,400	2,300	2,289	2,320	1.01	+1,81,500	+1,66,750
26 Oct 2026	2,322.01	2,400	2,300	2,320	2,360	0.60	-32,000	+1,51,500
23 Oct 2026	2,306.99	2,300	2,300	2,313	2,360	0.57	-2,81,750	-61,000
22 Oct 2026	2,286.69	2,400	2,300	2,296	2,360	0.55	+18,500	-14,750
21 Oct 2026	2,319.48	2,400	2,300	2,320	2,380	0.55	-99,000	+65,000
19 Oct 2026	2,330.67	2,400	2,300	2,310	2,380	0.53	+1,56,000	+1,99,500
16 Oct 2026	2,331.91	2,400	2,300	2,293	2,380	0.51	+3,09,750	+1,15,750
15 Oct 2026	2,350.11	2,400	2,300	2,294	2,380	0.51	+1,11,500	+28,500
14 Oct 2026	2,344.7	2,400	2,300	2,296	2,400	0.52	+1,67,750	+20,250
13 Oct 2026	2,374.51	2,400	2,300	2,316	2,400	0.54	+58,750	+93,000
12 Oct 2026	2,331.01	2,400	2,300	2,296	2,400	0.52	+1,13,500	+1,09,000
9 Oct 2026	2,339.11	2,400	2,300	2,284	2,400	0.51	+2,75,000	+1,71,000
8 Oct 2026	2,313.19	2,400	2,300	2,265	2,400	0.50	+2,44,000	+48,000
7 Oct 2026	2,372.1	2,400	2,300	2,304	2,400	0.52	+2,10,500	-88,000
6 Oct 2026	2,424.19	2,400	2,400	2,331	2,400	0.58	+1,30,500	+95,500

Method and sign convention

Sign convention on screen: Dealers long calls, short puts. Under the other reading (option writers short every option), net GEX is -₹61.7 cr per 1% move and there is no gamma flip. Why both are shown.

Settlement prices and open interest from 29 Oct 2026. 77 contracts used; 0 skipped with no solvable volatility. Calculation details and limits.

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