SUZLON gamma exposure, walls and max pain for 2 Nov 2026
SUZLON closed at ₹33.9 on 30 Oct 2026. Levels for the session of 2 Nov 2026 from that close: call wall ₹35, put wall ₹33, gamma flip ₹31 (the close sat above it), max pain ₹35 for the 23 Nov 2026 expiry. Call open interest exceeded put open interest: 29,97,45,400 call units and 12,05,86,500 put units. Calls added 13,33,37,300 units; puts added 2,01,54,900 units against the prior file. The SUZLON gamma exposure by strike chart, the strike by expiry heatmap and the wall migration across archived sessions are at squawkflow.com/india/stocks/suzlon, updated after each end-of-day exchange file.
Source: public end-of-day exchange data, 30 Oct 2026. End of day, not live. Not investment advice.
Computed from the 30 Oct 2026 close. Next update after the 2 Nov 2026 close, checked hourly from 19:10 to 22:10 IST that day.
- Close
- 33.9
- 30 Oct 2026, lot size 12700
- Call wall
- 35
- +3.24% from the close
- Put wall
- 33
- -2.65% from the close
- Gamma flip
- 31
- close above it
- Max pain
- 35
- Mon 23 Nov 2026 expiry
- PCR (OI)
- 0.40
- nearest expiry 0.41
- Net GEX
- ₹8.2 cr
- per 1% move
- Call wall35+3.24%
- Max pain35+3.24%
- Close33.9close
- Put wall33-2.65%
- Gamma flip31-8.55%
SUZLON: what changed in the exchange file
SUZLON's 23 Nov 2026 max pain was ₹35, above the close by 3.24%. This is an open-interest payout minimum, not a price target.
The largest absolute call OI change in SUZLON's stored strike aggregation was at ₹40: +2,95,27,500 units, an addition.
The largest absolute put OI change in SUZLON's stored strike aggregation was at ₹33: +1,11,50,600 units, an addition.
In SUZLON's stored 29 Oct 2026 row, the close was ₹36.79, call OI 16,64,08,100 and put OI 10,04,31,600.
For SUZLON's 23 Nov 2026 future, the closing price fell (-9.08%) and open interest decreased (-0.63%) on 30 Oct 2026. Futures and option units are separate series.
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 |
|---|---|---|---|---|---|---|---|
| 33 | 96,13,900 | 1,61,92,500 | +96,13,900 | +1,11,50,600 | ₹1.3 cr | -₹2.1 cr | -₹0.86 cr |
| 34 | 1,62,81,400 | 93,34,500 | +1,61,54,400 | +51,18,100 | ₹2.2 cr | -₹1.2 cr | ₹0.92 cr |
| 35 | 2,85,11,500 | 93,59,900 | +2,61,62,000 | -12,70,000 | ₹3.5 cr | -₹1.1 cr | ₹2.3 cr |
Strike by expiry heatmap
| Strike | Mon 23 Nov 2026 | Tue 29 Dec 2026 |
|---|---|---|
| 36 | ₹1.6 | |
| 35 | ₹2.3 | |
| 34 | ₹0.93 | |
| 33 | -₹0.86 | |
| 32 | -₹0.75 |
Expiries
| Expiry | Days | Lot size | Call OI | Put OI | PCR | Max pain |
|---|---|---|---|---|---|---|
| Mon 23 Nov 2026 | 24 | 12700 | 29,02,58,500 | 11,86,30,700 | 0.41 | 35 |
| Tue 29 Dec 2026 | 60 | 12700 | 90,55,100 | 19,43,100 | 0.21 | 35 |
| Mon 25 Jan 2027 | 87 | 12700 | 4,31,800 | 12,700 | 0.03 | 30 |
Wall migration
- Call wall40 to 35
- Put wall40 to 33
- Max pain41 to 35
- Close39.16 to 33.9
| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR | Call OI chg | Put OI chg |
|---|---|---|---|---|---|---|---|---|
| 30 Oct 2026 | 33.9 | 35 | 33 | 31 | 35 | 0.40 | +13,33,37,300 | +2,01,54,900 |
| 29 Oct 2026 | 36.79 | 40 | 37 | 34 | 38 | 0.60 | +5,84,58,100 | +3,83,15,900 |
| 28 Oct 2026 | 37.3 | 40 | 38 | 34 | 39 | 0.57 | +1,30,68,300 | +74,04,100 |
| 27 Oct 2026 | 36.92 | 40 | 38 | n/a | 40 | 0.58 | +2,30,12,400 | +2,02,69,200 |
| 26 Oct 2026 | 37.12 | 37 | 37 | 36 | 40 | 0.36 | +23,11,400 | -66,67,500 |
| 23 Oct 2026 | 37.4 | 40 | 37 | 37 | 40 | 0.40 | +27,43,200 | -82,93,100 |
| 22 Oct 2026 | 38.57 | 40 | 40 | 37 | 40 | 0.44 | +43,30,700 | -19,68,500 |
| 21 Oct 2026 | 39.4 | 40 | 40 | 38 | 40 | 0.45 | +47,75,200 | -2,66,57,300 |
| 19 Oct 2026 | 40.38 | 40 | 40 | 39 | 40 | 0.58 | +56,38,800 | -54,73,700 |
| 16 Oct 2026 | 42 | 40 | 40 | 40 | 40 | 0.63 | -3,04,800 | +28,19,400 |
| 15 Oct 2026 | 40.95 | 40 | 40 | 39 | 40 | 0.61 | -1,19,38,000 | -28,82,900 |
| 14 Oct 2026 | 40.8 | 40 | 40 | 38 | 40 | 0.59 | +32,51,200 | +31,11,500 |
| 13 Oct 2026 | 40.19 | 40 | 40 | 38 | 40 | 0.59 | -81,78,800 | +17,52,600 |
| 12 Oct 2026 | 39.57 | 40 | 38 | 37 | 40 | 0.56 | -1,14,300 | +1,21,03,100 |
| 9 Oct 2026 | 37.6 | 40 | 38 | 35 | 40 | 0.51 | -17,14,500 | +23,74,900 |
| 8 Oct 2026 | 36.43 | 40 | 36 | 34 | 40 | 0.49 | +3,97,00,200 | +80,13,700 |
| 7 Oct 2026 | 38.34 | 40 | 40 | 37 | 40 | 0.55 | +1,09,09,300 | +2,07,13,700 |
| 6 Oct 2026 | 39.16 | 40 | 40 | 36 | 41 | 0.47 | +1,73,73,600 | +44,57,700 |
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 -₹28.4 cr per 1% move and there is no gamma flip. Why both are shown.
Settlement prices and open interest from 30 Oct 2026. 71 contracts used; 0 skipped with no solvable volatility. Calculation details and limits.