HINDUNILVR 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.
HINDUNILVR levels for the session of 9 Oct 2026, from the 8 Oct 2026 close of 1,844.43: call wall 1,900, put wall 1,900, gamma flip 1,794 (the close sat above it), max pain 1,900 for the 27 Oct 2026 expiry, put/call OI ratio 0.68, net GEX ₹16.2 cr per 1% move.
- Close
- 1,844.43
- 8 Oct 2026
- Call wall
- 1,900
- +3.01%
- Put wall
- 1,900
- +3.01%
- Gamma flip
- 1,794
- Max pain
- 1,900
- Tue 27 Oct 2026 expiry
- PCR (OI)
- 0.68
- nearest 0.70
- Net GEX
- ₹16.2 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 -₹129 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 |
|---|---|---|---|---|---|---|---|
| 1,760 | 47,700 | 1,38,600 | +47,400 | 0 | ₹0.43 cr | -₹1.1 cr | -₹0.71 cr |
| 1,780 | 67,200 | 1,17,000 | +66,300 | +12,900 | ₹0.77 cr | -₹1.3 cr | -₹0.55 cr |
| 1,800 | 2,31,300 | 5,98,800 | +21,000 | +1,55,700 | ₹3.1 cr | -₹6.7 cr | -₹3.6 cr |
| 1,820 | 63,600 | 1,63,200 | -3,300 | +43,500 | ₹1 cr | -₹2.6 cr | -₹1.6 cr |
| 1,840 | 2,70,300 | 4,28,700 | +1,18,200 | +1,54,200 | ₹4.4 cr | -₹7.1 cr | -₹2.7 cr |
| 1,860 | 5,17,200 | 4,55,700 | +1,89,900 | -17,400 | ₹8.7 cr | -₹7.7 cr | ₹1 cr |
| 1,880 | 3,83,700 | 4,54,200 | +85,200 | +23,700 | ₹6 cr | -₹7 cr | -₹1 cr |
| 1,900 | 15,36,000 | 6,72,900 | +1,80,300 | -14,100 | ₹20.9 cr | -₹9.4 cr | ₹11.6 cr |
| 1,920 | 4,52,700 | 2,44,800 | -69,000 | +3,600 | ₹5 cr | -₹2.8 cr | ₹2.2 cr |
Strike by expiry heatmap
| Strike | Tue 27 Oct 2026 | Mon 23 Nov 2026 |
|---|---|---|
| 1,980 | ₹1.1 | |
| 1,960 | ₹1.1 | ₹0.19 |
| 1,940 | ₹1.1 | ₹0.08 |
| 1,920 | ₹1 | ₹1.2 |
| 1,900 | ₹10.1 | ₹1.5 |
| 1,880 | -₹0.84 | -₹0.19 |
| 1,860 | ₹1 | |
| 1,840 | -₹2.7 | |
| 1,820 | -₹1.5 | |
| 1,800 | -₹2.4 | -₹1.2 |
| 1,780 | -₹0.5 | |
| 1,760 | -₹0.35 | -₹0.36 |
| 1,740 | -₹0.65 | |
| 1,720 | -₹0.46 | |
| 1,700 | -₹0.81 |
Expiries
| Expiry | Days | Lot size | Call OI | Put OI | PCR | Max pain |
|---|---|---|---|---|---|---|
| Tue 27 Oct 2026 | 19 | 300 | 77,06,400 | 53,91,000 | 0.70 | 1,900 |
| Mon 23 Nov 2026 | 46 | 300 | 7,67,100 | 3,19,500 | 0.42 | 1,880 |
| Tue 29 Dec 2026 | 82 | 300 | 3,300 | 38,400 | 11.64 | 1,800 |
Wall migration
| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR | Call OI chg | Put OI chg |
|---|---|---|---|---|---|---|---|---|
| 8 Oct 2026 | 1,844.43 | 1,900 | 1,900 | 1,794 | 1,900 | 0.68 | +8,40,600 | +3,32,700 |
| 7 Oct 2026 | 1,865.4 | 1,900 | 1,900 | 1,804 | 1,900 | 0.71 | +1,89,300 | +1,33,200 |
| 6 Oct 2026 | 1,895.18 | 1,900 | 1,900 | 1,810 | 1,900 | 0.71 | -1,02,300 | -18,900 |
Method
Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 121 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.