# CANBK gamma exposure, walls and max pain

Canonical: https://squawkflow.com/india/stocks/canbk

Source: NSE end-of-day data, 14 Oct 2026. End of day, not live. Not investment advice.

CANBK levels for the session of 15 Oct 2026, from the 14 Oct 2026 close of 124.76: call wall 125, put wall 120, gamma flip 120 (the close sat above it), max pain 124 for the 27 Oct 2026 expiry, put/call OI ratio 0.91, net GEX ₹16.8 cr per 1% move.

## Levels for the next session

| Level | Value |
| --- | --- |
| Close | 124.76 (14 Oct 2026) |
| Call wall | 125 |
| Put wall | 120 |
| Gamma flip | 120 |
| Net GEX, Dealers long calls, short puts | ₹16.8 cr per 1% move |
| Net GEX, Option writers short every option | -₹118 cr per 1% move |
| Max pain, 27 Oct 2026 expiry | 124 |
| PCR (OI), all expiries | 0.91 |
| PCR (OI), nearest expiry | 0.91 |
| Lot size (nearest expiry) | 6750 |

## Expiries

| Expiry | Days | Lot | Call OI | Put OI | PCR | Max pain |
| --- | --- | --- | --- | --- | --- | --- |
| Tue 27 Oct 2026 | 13 | 6750 | 9,44,39,250 | 8,56,57,500 | 0.91 | 124 |
| Mon 23 Nov 2026 | 40 | 6750 | 53,52,750 | 50,62,500 | 0.95 | 130 |
| Tue 29 Dec 2026 | 76 | 6750 | 27,000 | 20,250 | 0.75 | 122 |

## By strike (within 5% of the close)

GEX in ₹ crore per 1% move. OI and OI change in units.

| Strike | Call OI | Put OI | Call OI chg | Put OI chg | Call GEX | Put GEX | Net GEX |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 119 | 13,77,000 | 28,35,000 | -4,05,000 | +4,86,000 | ₹0.82 cr | -₹1.7 cr | -₹0.87 cr |
| 120 | 1,35,27,000 | 1,75,02,750 | -21,73,500 | +52,71,750 | ₹9 cr | -₹11.7 cr | -₹2.7 cr |
| 121 | 9,99,000 | 21,19,500 | -6,21,000 | +12,15,000 | ₹0.76 cr | -₹1.6 cr | -₹0.84 cr |
| 122 | 24,90,750 | 19,71,000 | -2,90,250 | +15,59,250 | ₹2.1 cr | -₹1.6 cr | ₹0.46 cr |
| 122.5 | 34,89,750 | 44,21,250 | -13,36,500 | +1,41,750 | ₹3 cr | -₹3.8 cr | -₹0.8 cr |
| 123 | 15,45,750 | 19,77,750 | +3,84,750 | +14,85,000 | ₹1.4 cr | -₹1.8 cr | -₹0.39 cr |
| 124 | 23,35,500 | 15,25,500 | +14,98,500 | +14,98,500 | ₹2.2 cr | -₹1.4 cr | ₹0.75 cr |
| 125 | 1,96,69,500 | 93,89,250 | +64,39,500 | +39,08,250 | ₹18 cr | -₹8.6 cr | ₹9.4 cr |
| 126 | 29,16,000 | 14,31,000 | +22,95,000 | +14,17,500 | ₹2.7 cr | -₹1.3 cr | ₹1.4 cr |
| 127 | 24,90,750 | 7,08,750 | +19,10,250 | +6,54,750 | ₹2.2 cr | -₹0.64 cr | ₹1.6 cr |
| 127.5 | 33,68,250 | 14,85,000 | +5,87,250 | +3,10,500 | ₹3 cr | -₹1.3 cr | ₹1.7 cr |
| 128 | 14,04,000 | 8,03,250 | +6,61,500 | +7,35,750 | ₹1.2 cr | -₹0.66 cr | ₹0.53 cr |
| 129 | 9,85,500 | 3,03,750 | +7,69,500 | +2,43,000 | ₹0.78 cr | -₹0.24 cr | ₹0.54 cr |
| 130 | 1,70,91,000 | 59,60,250 | +62,16,750 | +15,39,000 | ₹11.7 cr | -₹3.9 cr | ₹7.8 cr |

## Recent sessions

| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR |
| --- | --- | --- | --- | --- | --- | --- |
| 14 Oct 2026 | 124.76 | 125 | 120 | 120 | 124 | 0.91 |
| 13 Oct 2026 | 120.44 | 120 | 120 | 115 | 122 | 0.90 |
| 12 Oct 2026 | 118.38 | 120 | 120 | 115 | 122 | 0.87 |
| 9 Oct 2026 | 119.59 | 120 | 120 | 116 | 122.5 | 0.92 |
| 8 Oct 2026 | 117.35 | 120 | 120 | 113 | 122.5 | 0.83 |
| 7 Oct 2026 | 119.15 | 120 | 120 | 114 | 122.5 | 0.87 |
| 6 Oct 2026 | 117.81 | 120 | 120 | 112 | 122.5 | 0.81 |

## Method

Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 133 contracts used, 0 skipped (no solvable volatility), 0 expiring on the trade date left out. Full method: https://squawkflow.com/india/method