# NESTLEIND gamma exposure, walls and max pain

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

NESTLEIND levels for the session of 16 Oct 2026, from the 15 Oct 2026 close of 1,275.95: call and put walls both at 1,300, gamma flip 1,202 (the close sat above it), max pain 1,310 for the 27 Oct 2026 expiry, put/call OI ratio 0.36, net GEX ₹46.7 cr per 1% move. The NESTLEIND gamma exposure by strike chart, the strike by expiry heatmap and the wall migration across archived sessions are at https://squawkflow.com/india/stocks/nestleind, updated after each NSE end-of-day file.

Source: NSE end-of-day data, 15 Oct 2026. End of day, not live. Not investment advice.

## Levels for the next session

| Level | Value |
| --- | --- |
| Close | 1,275.95 (15 Oct 2026) |
| Call wall | 1,300 |
| Put wall | 1,300 |
| Gamma flip | 1,202 |
| Net GEX, Dealers long calls, short puts | ₹46.7 cr per 1% move |
| Net GEX, Option writers short every option | -₹125 cr per 1% move |
| Max pain, 27 Oct 2026 expiry | 1,310 |
| PCR (OI), all expiries | 0.36 |
| PCR (OI), nearest expiry | 0.35 |
| Lot size (nearest expiry) | 500 |

## Expiries

| Expiry | Days | Lot | Call OI | Put OI | PCR | Max pain |
| --- | --- | --- | --- | --- | --- | --- |
| Tue 27 Oct 2026 | 12 | 500 | 1,56,44,500 | 55,13,500 | 0.35 | 1,310 |
| Mon 23 Nov 2026 | 39 | 500 | 10,70,000 | 4,90,000 | 0.46 | 1,300 |
| Tue 29 Dec 2026 | 75 | 500 | 9,500 | 7,500 | 0.79 | 1,300 |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,220 | 0 | 1,65,500 | 0 | +1,29,500 | ₹0 cr | -₹1 cr | -₹1 cr |
| 1,230 | 0 | 1,64,000 | 0 | +1,09,000 | ₹0 cr | -₹1.1 cr | -₹1.1 cr |
| 1,240 | 15,000 | 1,65,500 | +15,000 | +1,00,500 | ₹0.11 cr | -₹1.2 cr | -₹1.1 cr |
| 1,250 | 1,01,500 | 3,55,000 | +1,01,500 | +2,59,000 | ₹0.85 cr | -₹2.8 cr | -₹1.9 cr |
| 1,260 | 64,000 | 2,26,000 | +64,000 | -74,000 | ₹0.58 cr | -₹2 cr | -₹1.4 cr |
| 1,270 | 0 | 1,38,000 | 0 | +1,00,000 | ₹0 cr | -₹1.3 cr | -₹1.3 cr |
| 1,280 | 3,07,000 | 2,17,000 | +3,07,000 | +1,17,500 | ₹3 cr | -₹2.1 cr | ₹0.92 cr |
| 1,290 | 2,94,000 | 1,82,000 | +2,51,000 | +1,13,500 | ₹2.8 cr | -₹1.7 cr | ₹1.1 cr |
| 1,300 | 15,97,500 | 9,75,500 | +14,76,500 | +4,59,000 | ₹14.4 cr | -₹8.6 cr | ₹5.8 cr |
| 1,310 | 5,29,500 | 1,77,000 | +4,41,000 | +71,500 | ₹4.7 cr | -₹1.6 cr | ₹3.1 cr |
| 1,320 | 13,93,500 | 3,30,500 | +12,61,000 | +1,65,500 | ₹11.5 cr | -₹2.7 cr | ₹8.7 cr |
| 1,330 | 6,68,500 | 1,78,500 | +1,86,000 | -9,000 | ₹5 cr | -₹1.3 cr | ₹3.7 cr |

## Recent sessions

| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR |
| --- | --- | --- | --- | --- | --- | --- |
| 15 Oct 2026 | 1,275.95 | 1,300 | 1,300 | 1,202 | 1,310 | 0.36 |
| 14 Oct 2026 | 1,383.2 | 1,400 | 1,350 | 1,295 | 1,340 | 0.68 |
| 13 Oct 2026 | 1,334 | 1,400 | 1,300 | 1,280 | 1,330 | 0.70 |
| 12 Oct 2026 | 1,324.69 | 1,400 | 1,300 | 1,289 | 1,330 | 0.69 |
| 9 Oct 2026 | 1,333 | 1,400 | 1,300 | 1,290 | 1,330 | 0.75 |
| 8 Oct 2026 | 1,319 | 1,400 | 1,300 | 1,276 | 1,330 | 0.69 |
| 7 Oct 2026 | 1,323.99 | 1,330 | 1,300 | 1,281 | 1,330 | 0.75 |
| 6 Oct 2026 | 1,341.36 | 1,400 | 1,300 | 1,331 | 1,340 | 0.97 |

## Method

Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 146 contracts used, 0 skipped (no solvable volatility), 0 expiring on the trade date left out. Full method: https://squawkflow.com/india/method