SOLARINDS 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.
SOLARINDS levels for the session of 9 Oct 2026, from the 8 Oct 2026 close of 19,869.98: call wall 20,000, put wall 19,750, gamma flip 18,821 (the close sat above it), max pain 19,750 for the 27 Oct 2026 expiry, put/call OI ratio 0.59, net GEX ₹12 cr per 1% move.
- Close
- 19,869.98
- 8 Oct 2026
- Call wall
- 20,000
- +0.65%
- Put wall
- 19,750
- -0.60%
- Gamma flip
- 18,821
- Max pain
- 19,750
- Tue 27 Oct 2026 expiry
- PCR (OI)
- 0.59
- nearest 0.59
- Net GEX
- ₹12 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 -₹56.7 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 |
|---|---|---|---|---|---|---|---|
| 19,000 | 44,250 | 48,150 | -950 | -3,100 | ₹3.7 cr | -₹4 cr | -₹0.31 cr |
| 19,250 | 5,750 | 8,200 | -350 | +450 | ₹0.52 cr | -₹0.74 cr | -₹0.22 cr |
| 19,500 | 26,600 | 20,700 | -1,300 | -3,550 | ₹2.6 cr | -₹2 cr | ₹0.58 cr |
| 19,750 | 17,000 | 52,900 | -400 | +250 | ₹1.7 cr | -₹5.4 cr | -₹3.7 cr |
| 20,000 | 73,450 | 43,500 | +9,700 | -1,400 | ₹7.2 cr | -₹4.3 cr | ₹2.9 cr |
| 20,250 | 15,900 | 2,850 | +350 | +250 | ₹1.6 cr | -₹0.28 cr | ₹1.3 cr |
| 20,500 | 37,600 | 1,200 | +4,500 | -300 | ₹3.4 cr | -₹0.11 cr | ₹3.3 cr |
| 20,750 | 4,750 | 800 | -400 | 0 | ₹0.41 cr | -₹0.07 cr | ₹0.34 cr |
Strike by expiry heatmap
| Strike | Tue 27 Oct 2026 | Mon 23 Nov 2026 |
|---|---|---|
| 21,250 | ₹0.57 | |
| 21,000 | ₹3.2 | ₹0.11 |
| 20,750 | ₹0.34 | |
| 20,500 | ₹3.3 | |
| 20,250 | ₹1.3 | |
| 20,000 | ₹2.6 | ₹0.23 |
| 19,750 | -₹3.7 | |
| 19,500 | ₹0.58 | |
| 19,250 | -₹0.22 | |
| 19,000 | -₹0.27 | |
| 18,750 | -₹0.11 | |
| 18,500 | -₹1.4 |
Expiries
| Expiry | Days | Lot size | Call OI | Put OI | PCR | Max pain |
|---|---|---|---|---|---|---|
| Tue 27 Oct 2026 | 19 | 50 | 5,18,700 | 3,07,000 | 0.59 | 19,750 |
| Mon 23 Nov 2026 | 46 | 50 | 12,300 | 5,100 | 0.41 | 20,000 |
| Tue 29 Dec 2026 | 82 | 50 | 0 | 0 | n/a | no open interest yet |
Wall migration
| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR | Call OI chg | Put OI chg |
|---|---|---|---|---|---|---|---|---|
| 8 Oct 2026 | 19,869.98 | 20,000 | 19,750 | 18,821 | 19,750 | 0.59 | +9,200 | -7,450 |
| 7 Oct 2026 | 20,049.58 | 20,000 | 19,750 | 18,927 | 19,750 | 0.61 | +31,600 | +1,850 |
| 6 Oct 2026 | 20,071.37 | 20,000 | 19,750 | 18,885 | 19,750 | 0.65 | -1,20,250 | +5,750 |
Method
Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 75 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.