WIPRO 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.
WIPRO levels for the session of 9 Oct 2026, from the 8 Oct 2026 close of 158.38: call wall 165, put wall 160, gamma flip 155 (the close sat above it), max pain 165 for the 27 Oct 2026 expiry, put/call OI ratio 0.86, net GEX ₹4.3 cr per 1% move.
- Close
- 158.38
- 8 Oct 2026
- Call wall
- 165
- +4.18%
- Put wall
- 160
- +1.02%
- Gamma flip
- 155
- Max pain
- 165
- Tue 27 Oct 2026 expiry
- PCR (OI)
- 0.86
- nearest 0.88
- Net GEX
- ₹4.3 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 -₹58.3 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 |
|---|---|---|---|---|---|---|---|
| 152.5 | 4,41,000 | 8,76,000 | 0 | -33,000 | ₹0.29 cr | -₹0.57 cr | -₹0.28 cr |
| 155 | 14,19,000 | 40,08,000 | +75,000 | +3,000 | ₹1 cr | -₹2.9 cr | -₹1.9 cr |
| 157.5 | 25,05,000 | 24,24,000 | +1,05,000 | -48,000 | ₹1.9 cr | -₹1.9 cr | ₹0.06 cr |
| 160 | 65,67,000 | 85,17,000 | +45,000 | -2,22,000 | ₹5.1 cr | -₹6.6 cr | -₹1.5 cr |
| 162.5 | 32,82,000 | 27,51,000 | -78,000 | +57,000 | ₹2.6 cr | -₹2.2 cr | ₹0.42 cr |
| 165 | 89,52,000 | 50,04,000 | -1,20,000 | -2,97,000 | ₹6.6 cr | -₹3.7 cr | ₹2.9 cr |
Strike by expiry heatmap
| Strike | Tue 27 Oct 2026 | Mon 23 Nov 2026 |
|---|---|---|
| 170 | ₹3.4 | ₹0.18 |
| 167.5 | ₹0.61 | |
| 165 | ₹2.8 | ₹0.09 |
| 162.5 | ₹0.42 | |
| 160 | -₹1.5 | |
| 157.5 | ₹0.06 | |
| 155 | -₹1.8 | |
| 152.5 | -₹0.28 | |
| 150 | -₹1.5 | -₹0.1 |
| 147.5 | -₹0.36 |
Expiries
| Expiry | Days | Lot size | Call OI | Put OI | PCR | Max pain |
|---|---|---|---|---|---|---|
| Tue 27 Oct 2026 | 19 | 3000 | 5,80,17,000 | 5,08,50,000 | 0.88 | 165 |
| Mon 23 Nov 2026 | 46 | 3000 | 29,88,000 | 17,28,000 | 0.58 | 160 |
| Tue 29 Dec 2026 | 82 | 3000 | 57,000 | 9,000 | 0.16 | 130 |
Wall migration
| Date | Close | Call wall | Put wall | Gamma flip | Max pain | PCR | Call OI chg | Put OI chg |
|---|---|---|---|---|---|---|---|---|
| 8 Oct 2026 | 158.38 | 165 | 160 | 155 | 165 | 0.86 | +7,14,000 | -5,43,000 |
| 7 Oct 2026 | 159.6 | 165 | 160 | 156 | 165 | 0.88 | +36,84,000 | +8,97,000 |
| 6 Oct 2026 | 161.84 | 165 | 160 | 157 | 165 | 0.92 | +32,25,000 | +27,39,000 |
Method
Implied volatility from settlement prices, carry from put-call parity, risk-free rate 5.5%. 88 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.