NIFTY 50 & NIFTY BANK — Options positioning & strategy
Option chain via Groww · Cash breadth via NSE · Strategy recommended from OI + IV + breadth heuristics ·
Interactive P&L plot is at-expiry payoff — not investment advice.
NIFTY 50
NIFTY · 2026-04-28
CHAIN OKBias: downward drift (F&O + breadth)
Spot
23,897.95
Index chg
-1.14%
PCR (OI)
0.673
Max pain
24,000
Δ -0.43%
Breadth A/D
12 / 38
Confidence
Medium
Reasoning
Put–call ratio (OI) = 0.673. Low PCR suggests crowded calls (mean-reversion risk); high PCR indicates hedging/bearish positioning.
Max pain ≈ 24,000 vs spot ≈ 23,898 (-0.43%). Near expiry, price tends to gravitate toward max pain.
Session ΔOI: calls +670,592, puts +57,419. Fresh OI in the direction of the move implies trend conviction; against the move implies hedging.
ATM (23,900): CE OI 64,999 vs PE OI 85,630, CE IV 17.7% / PE IV 17.7%.
Cash index breadth: 12 up / 38 down (A/D ≈ 0.32).
Full option chain · 2026-04-28 · Lot 65
CALLS
STRIKE
PUTS
OI
ΔOI
IV
LTP
Chg
Delta
Theta
Theta
Delta
Chg
LTP
IV
ΔOI
OI
11,176
-1,334
31.8
1932.35
-231.80
0.9947
-1.52
22,000
-1.52
-0.0053
-0.15
1.35
31.8
376
108,734
154
0
30.9
1906.00
-297.90
0.9947
-1.47
22,050
-1.47
-0.0053
-0.10
1.30
30.9
75
2,485
780
0
30.1
1775.30
-319.70
0.9946
-1.46
22,100
-1.46
-0.0054
-0.20
1.30
30.1
179
5,312
120
-2
29.5
1712.10
-361.10
0.9943
-1.50
22,150
-1.50
-0.0057
-0.20
1.35
29.5
490
2,188
986
-3
28.9
1735.00
-310.00
0.9938
-1.58
22,200
-1.58
-0.0062
-0.10
1.45
28.9
-509
13,535
395
0
27.9
1658.60
-284.85
0.9940
-1.48
22,250
-1.48
-0.0060
-0.20
1.35
27.9
758
3,332
2,194
-42
27.3
1632.05
-233.40
0.9937
-1.52
22,300
-1.52
-0.0063
-0.30
1.40
27.3
991
19,249
207
-4
26.7
1511.75
-289.25
0.9932
-1.60
22,350
-1.60
-0.0068
-0.30
1.50
26.7
814
2,303
4,760
-12
26.0
1535.00
-227.30
0.9930
-1.59
22,400
-1.59
-0.0070
-0.30
1.50
26.0
2,910
20,685
262
-4
25.5
1514.00
-206.00
0.9922
-1.71
22,450
-1.71
-0.0078
-0.25
1.65
25.5
1,162
4,593
17,996
-405
25.0
1434.50
-234.20
0.9912
-1.87
22,500
-1.87
-0.0088
-0.10
1.85
25.0
11,575
93,292
561
-15
24.1
1375.50
-243.15
0.9913
-1.77
22,550
-1.77
-0.0087
-0.45
1.75
24.1
1,327
4,260
1,825
-462
23.6
1332.35
-232.75
0.9903
-1.93
22,600
-1.93
-0.0097
-0.40
1.95
23.6
-499
30,163
986
-5
23.0
1260.00
-226.90
0.9896
-1.99
22,650
-1.99
-0.0104
-0.45
2.05
23.0
-75
6,417
5,308
-97
22.6
1237.50
-224.35
0.9880
-2.21
22,700
-2.21
-0.0120
-0.35
2.35
22.6
5,267
39,454
1,982
-21
22.2
1172.90
-272.30
0.9860
-2.49
22,750
-2.49
-0.0140
-0.15
2.75
22.2
3,051
10,181
5,721
-186
21.7
1140.00
-227.75
0.9843
-2.68
22,800
-2.68
-0.0157
-0.05
3.05
21.7
22,097
60,579
4,571
-13
21.3
1102.45
-197.55
0.9818
-2.99
22,850
-2.99
-0.0182
+0.10
3.55
21.3
2,898
14,363
2,927
-560
13.0
1032.70
-231.25
0.9994
-0.08
22,900
-0.08
-0.0006
+0.40
4.20
13.0
6,211
40,367
516
-13
20.6
992.80
-215.80
0.9750
-3.78
22,950
-3.78
-0.0250
+0.55
4.90
20.6
5,087
14,449
25,718
-1,915
17.6
935.00
-231.65
0.9850
-2.09
23,000
-2.09
-0.0150
+0.95
5.95
17.6
3,250
166,479
2,866
1
20.0
897.30
-218.30
0.9647
-4.89
23,050
-4.89
-0.0353
+1.45
7.05
20.0
2,474
12,841
3,571
144
19.2
840.00
-227.25
0.9621
-4.98
23,100
-4.98
-0.0379
+2.00
8.45
19.2
18,351
45,816
546
-21
19.6
799.85
-228.00
0.9493
-6.40
23,150
-6.40
-0.0507
+2.85
10.45
19.6
9,625
19,673
2,586
-124
18.5
743.00
-223.70
0.9473
-6.25
23,200
-6.25
-0.0527
+3.95
12.50
18.5
17,414
82,697
550
65
19.1
699.50
-220.40
0.9277
-8.27
23,250
-8.27
-0.0723
+5.40
15.50
19.1
2,050
28,813
3,056
-601
18.9
653.90
-217.20
0.9138
-9.35
23,300
-9.35
-0.0862
+7.10
18.90
18.9
-1,080
60,787
475
149
18.8
607.80
-218.70
0.8977
-10.51
23,350
-10.51
-0.1023
+8.90
23.00
18.8
668
19,458
2,286
113
17.9
557.45
-225.45
0.8870
-10.80
23,400
-10.80
-0.1130
+11.60
28.35
17.9
6,453
51,397
3,322
245
18.4
516.30
-220.35
0.8579
-12.98
23,450
-12.98
-0.1421
+14.35
34.00
18.4
1,488
19,525
18,923
1,620
18.4
474.40
-210.65
0.8313
-14.55
23,500
-14.55
-0.1687
+18.45
41.90
18.4
-6,990
96,782
2,827
404
18.1
431.70
-209.55
0.8058
-15.63
23,550
-15.63
-0.1942
+22.20
50.05
18.1
4,248
18,731
4,670
1,920
18.0
391.65
-204.20
0.7748
-16.94
23,600
-16.94
-0.2252
+27.05
60.00
18.0
13,550
54,999
1,437
948
17.8
352.20
-205.35
0.7422
-18.00
23,650
-18.00
-0.2578
+32.45
71.70
17.8
6,488
17,691
8,413
4,719
17.9
317.45
-192.00
0.7028
-19.44
23,700
-19.44
-0.2972
+39.10
85.45
17.9
8,460
54,375
3,241
2,517
17.7
282.00
-185.25
0.6641
-20.27
23,750
-20.27
-0.3359
+46.00
100.80
17.7
13,602
24,386
25,491
17,599
17.8
251.00
-178.10
0.6212
-21.24
23,800
-21.24
-0.3788
+53.90
118.30
17.8
15,197
66,888
15,476
13,688
17.7
220.90
-166.10
0.5777
-21.79
23,850
-21.79
-0.4223
+62.25
138.25
17.7
694
17,589
64,999
59,593
17.7
193.45
-158.45
0.5331
-22.14
23,900
-22.14
-0.4669
+72.20
161.20
17.7
38,101
85,630
33,137
31,374
17.8
168.45
-148.35
0.4881
-22.22
23,950
-22.22
-0.5119
+83.30
186.25
17.8
11,554
23,475
134,067
81,283
17.6
145.50
-137.50
0.4430
-21.87
24,000
-21.87
-0.5570
+92.25
211.85
17.6
-10,921
96,359
25,552
22,098
17.7
124.45
-126.90
0.3991
-21.44
24,050
-21.44
-0.6009
+103.10
241.55
17.7
-1,237
10,931
81,673
58,867
17.7
106.65
-114.60
0.3568
-20.77
24,100
-20.77
-0.6432
+115.50
273.55
17.7
-14,515
32,637
49,146
27,733
17.8
90.60
-103.00
0.3170
-19.95
24,150
-19.95
-0.6830
+127.00
308.00
17.8
-16,638
8,269
142,748
50,479
17.9
76.70
-91.75
0.2794
-18.92
24,200
-18.92
-0.7206
+140.05
344.55
17.9
-23,855
48,509
41,361
13,634
18.2
66.00
-79.50
0.2468
-18.02
24,250
-18.02
-0.7532
+153.40
384.50
18.2
-7,782
8,314
99,245
32,588
18.3
55.90
-68.95
0.2156
-16.83
24,300
-16.83
-0.7844
+162.35
423.10
18.3
-15,498
28,323
34,254
11,264
18.6
48.05
-58.15
0.1894
-15.83
24,350
-15.83
-0.8106
+173.00
465.35
18.6
-4,604
6,078
111,950
29,594
18.9
41.00
-48.40
0.1654
-14.72
24,400
-14.72
-0.8346
+185.45
510.75
18.9
-15,450
28,867
42,239
2,781
19.1
35.00
-40.30
0.1441
-13.62
24,450
-13.62
-0.8559
+193.00
553.00
19.1
-2,909
9,032
183,541
19,682
19.4
30.20
-32.40
0.1261
-12.64
24,500
-12.64
-0.8739
+199.95
599.05
19.4
-10,553
43,167
37,521
7,383
19.6
25.50
-26.70
0.1089
-11.50
24,550
-11.50
-0.8911
+204.60
643.00
19.6
-1,117
8,389
90,414
16,434
19.9
22.00
-21.15
0.0950
-10.59
24,600
-10.59
-0.9050
+216.35
692.65
19.9
-2,656
11,208
32,118
9,265
20.2
18.70
-17.05
0.0821
-9.61
24,650
-9.61
-0.9179
+213.30
736.75
20.2
-735
1,568
102,214
46,109
20.5
16.20
-13.25
0.0717
-8.81
24,700
-8.81
-0.9283
+220.50
784.15
20.5
-1,030
6,940
47,251
24,261
20.7
13.60
-10.60
0.0614
-7.88
24,750
-7.88
-0.9386
+221.30
831.85
20.7
-27
791
107,123
38,358
20.1
11.95
-8.10
0.0458
-6.06
24,800
-6.06
-0.9542
+221.70
876.75
20.1
-852
8,598
26,353
7,184
21.5
10.50
-6.05
0.0476
-6.68
24,850
-6.68
-0.9524
+217.15
930.00
21.5
-62
611
79,500
17,775
20.6
9.25
-4.45
0.0336
-4.83
24,900
-4.83
-0.9664
+224.00
974.10
20.6
-147
2,069
23,783
-14,015
22.0
7.80
-3.55
0.0360
-5.46
24,950
-5.46
-0.9640
+224.00
1025.25
22.0
30
435
236,749
70,001
19.7
7.00
-2.70
0.0173
-2.65
25,000
-2.65
-0.9827
+227.45
1070.40
19.7
-2,981
26,582
23,543
587
22.6
5.90
-2.30
0.0275
-4.50
25,050
-4.50
-0.9725
+221.45
1115.90
22.6
6
268
57,876
-6,125
23.0
5.20
-1.70
0.0243
-4.11
25,100
-4.11
-0.9757
+221.85
1176.05
23.0
-170
696
31,185
4,242
23.3
4.55
-1.40
0.0213
-3.73
25,150
-3.73
-0.9787
+221.40
1214.25
23.3
0
173
119,065
-789
23.4
3.80
-1.55
0.0180
-3.26
25,200
-3.26
-0.9820
+223.20
1264.80
23.4
-202
1,945
17,237
-2,353
23.8
3.40
-1.20
0.0161
-3.01
25,250
-3.01
-0.9839
+289.45
1389.45
23.8
0
224
68,851
-2,237
23.9
2.80
-1.10
0.0135
-2.59
25,300
-2.59
-0.9865
+233.20
1371.50
23.9
142
698
19,804
-2,110
24.2
2.45
-1.00
0.0118
-2.34
25,350
-2.34
-0.9882
+0.00
1190.70
24.2
0
70
47,736
559
24.8
2.35
-0.65
0.0112
-2.28
25,400
-2.28
-0.9888
+230.30
1470.00
24.8
-133
763
10,589
-2,344
25.3
2.20
-0.50
0.0103
-2.18
25,450
-2.18
-0.9897
+206.50
1499.00
25.3
0
122
172,677
51,897
25.7
2.00
-0.40
0.0093
-2.02
25,500
-2.02
-0.9907
+213.20
1564.50
25.7
-894
11,954
10,335
522
25.9
1.70
-0.40
0.0080
-1.78
25,550
-1.78
-0.9920
+200.65
1580.00
25.9
0
93
51,992
3,337
25.9
1.40
-0.40
0.0067
-1.53
25,600
-1.53
-0.9933
+227.20
1671.10
25.9
-130
625
8,920
226
26.8
1.50
-0.10
0.0069
-1.62
25,650
-1.62
-0.9931
+171.55
1415.00
26.8
0
112
50,477
-1,852
26.9
1.25
-0.05
0.0058
-1.40
25,700
-1.40
-0.9942
+220.50
1760.50
26.9
-100
509
18,702
8,381
27.0
1.05
-0.20
0.0050
-1.22
25,750
-1.22
-0.9950
+669.20
1820.00
27.0
-2
27
43,813
-13,758
28.0
1.15
+0.05
0.0052
-1.32
25,800
-1.32
-0.9948
+220.80
1860.80
28.0
-40
919
Recommended strategy
Bear Put Spread Bearish
BUY23,900 PE@ 161.20
SELL23,800 PE@ 118.30
Lot size65
Max profit₹3,712
Max loss₹-2,788
Breakeven(s)23,859
Buy 23,900 PE @ 161.20, Sell 23,800 PE @ 118.30. Net debit strategy profiting from downside. Limited risk with defined reward.
P&L at expiry — interactive simulator
P&L curveBreakevenBuy / Max profitSell / Max lossSpot price
NIFTY BANK
BANKNIFTY · 2026-04-28
CHAIN OKBias: downward drift (F&O + breadth)
Spot
56,089.75
Index chg
-0.38%
PCR (OI)
0.903
Max pain
56,000
Δ +0.16%
Breadth A/D
6 / 8
Confidence
Medium
Reasoning
Put–call ratio (OI) = 0.903. Low PCR suggests crowded calls (mean-reversion risk); high PCR indicates hedging/bearish positioning.
Max pain ≈ 56,000 vs spot ≈ 56,090 (+0.16%). Near expiry, price tends to gravitate toward max pain.
Session ΔOI: calls +26,975, puts +27,208. Fresh OI in the direction of the move implies trend conviction; against the move implies hedging.
ATM (56,100): CE OI 5,011 vs PE OI 5,543, CE IV 19.9% / PE IV 19.9%.
Cash index breadth: 6 up / 8 down (A/D ≈ 0.75).
Full option chain · 2026-04-28 · Lot 30
CALLS
STRIKE
PUTS
OI
ΔOI
IV
LTP
Chg
Delta
Theta
Theta
Delta
Chg
LTP
IV
ΔOI
OI
709
-3
36.3
4219.30
-380.70
0.9865
-9.26
51,700
-9.26
-0.0135
+2.60
10.20
36.3
-94
921
655
1
35.1
4302.65
-197.35
0.9873
-8.48
51,800
-8.48
-0.0127
+1.25
9.20
35.1
-97
1,032
378
-10
34.3
4350.00
-100.00
0.9873
-8.30
51,900
-8.30
-0.0127
+0.75
9.00
34.3
-95
857
8,697
-198
30.1
4183.80
-122.70
0.9934
-4.09
52,000
-4.09
-0.0066
+1.30
10.00
30.1
3,693
28,020
468
-10
33.3
4150.00
-150.00
0.9856
-8.95
52,100
-8.95
-0.0144
+0.20
10.00
33.3
90
1,875
433
-2
32.0
3750.00
-520.35
0.9868
-8.00
52,200
-8.00
-0.0132
-1.35
8.75
32.0
105
871
744
0
31.4
4047.15
+46.30
0.9861
-8.21
52,300
-8.21
-0.0139
-1.80
9.10
31.4
-52
1,862
567
-20
32.1
3825.00
-108.75
0.9818
-10.56
52,400
-10.56
-0.0182
+0.95
12.55
32.1
29
921
3,564
-27
28.7
3686.60
-150.20
0.9887
-6.27
52,500
-6.27
-0.0113
-1.45
10.50
28.7
3,124
14,302
762
-1
30.9
3400.00
-275.85
0.9803
-10.87
52,600
-10.87
-0.0197
+0.30
13.20
30.9
89
1,146
1,817
-2
30.1
3518.95
-83.00
0.9799
-10.80
52,700
-10.80
-0.0201
-0.70
13.20
30.1
131
2,332
632
0
27.4
3100.00
-542.15
0.9856
-7.39
52,800
-7.39
-0.0144
-6.80
8.25
27.4
792
2,053
684
-3
28.6
3350.00
-114.60
0.9788
-10.70
52,900
-10.70
-0.0212
-3.10
13.25
28.6
-326
777
7,096
-302
26.4
3189.35
-142.60
0.9833
-8.06
53,000
-8.06
-0.0167
-1.80
15.10
26.4
-680
19,331
528
-3
28.8
3100.00
-234.00
0.9706
-14.18
53,100
-14.18
-0.0294
-0.45
19.35
28.8
580
1,167
450
0
27.5
3152.35
-347.65
0.9721
-13.00
53,200
-13.00
-0.0279
-2.55
17.45
27.5
1,148
2,223
478
-9
27.7
2830.00
-233.25
0.9666
-15.21
53,300
-15.21
-0.0334
-0.35
21.60
27.7
1,124
2,692
352
-2
26.7
2900.00
-9.90
0.9665
-14.68
53,400
-14.68
-0.0335
-3.15
20.85
26.7
1,665
2,823
1,508
-47
26.0
2777.35
-90.55
0.9653
-14.69
53,500
-14.69
-0.0347
-5.20
21.10
26.0
1,615
14,654
277
-2
25.9
2503.20
-257.85
0.9600
-16.44
53,600
-16.44
-0.0400
-4.10
24.75
25.9
370
2,552
461
-6
25.4
2559.40
-67.05
0.9566
-17.25
53,700
-17.25
-0.0434
-5.45
26.70
25.4
1,541
4,521
357
-43
25.3
2465.00
-68.45
0.9508
-18.97
53,800
-18.97
-0.0492
-5.20
30.70
25.3
998
3,355
398
0
24.9
2026.20
-439.75
0.9459
-20.14
53,900
-20.14
-0.0541
-5.30
33.75
24.9
870
2,998
9,944
-312
24.5
2237.10
-136.10
0.9407
-21.32
54,000
-21.32
-0.0593
-7.25
37.00
24.5
3,574
28,669
410
-9
24.3
2050.00
-300.00
0.9333
-23.16
54,100
-23.16
-0.0667
-6.10
42.10
24.3
719
2,366
445
-8
23.7
2050.00
-76.10
0.9285
-23.78
54,200
-23.78
-0.0715
-10.60
44.45
23.7
1,634
3,619
513
-9
23.7
1936.00
-157.15
0.9175
-26.55
54,300
-26.55
-0.0825
-8.25
52.75
23.7
656
2,345
615
-5
23.4
1851.75
-148.60
0.9079
-28.55
54,400
-28.55
-0.0921
-10.20
59.60
23.4
478
3,459
5,260
-90
22.9
1748.65
-140.85
0.8998
-29.69
54,500
-29.69
-0.1002
-12.55
64.45
22.9
2,302
18,319
817
-58
22.8
1675.65
-117.65
0.8872
-32.14
54,600
-32.14
-0.1128
-10.90
73.90
22.8
676
3,876
783
-24
22.5
1640.65
-75.25
0.8747
-34.16
54,700
-34.16
-0.1253
-12.20
82.90
22.5
1,026
4,452
721
11
22.1
1487.45
-140.55
0.8623
-35.80
54,800
-35.80
-0.1377
-14.15
91.40
22.1
890
4,330
703
-43
21.8
1428.25
-114.25
0.8467
-38.07
54,900
-38.07
-0.1533
-14.45
103.30
21.8
467
2,905
11,262
-721
21.7
1299.95
-147.70
0.8287
-40.64
55,000
-40.64
-0.1713
-16.00
117.90
21.7
1,644
25,297
595
-13
21.4
1255.70
-111.05
0.8109
-42.61
55,100
-42.61
-0.1891
-16.25
131.65
21.4
-120
2,697
709
-25
21.1
1130.00
-154.25
0.7906
-44.83
55,200
-44.83
-0.2094
-17.65
148.40
21.1
1,054
3,749
521
-92
20.9
1055.60
-126.35
0.7685
-46.96
55,300
-46.96
-0.2315
-16.60
167.15
20.9
-39
2,638
834
63
20.7
968.55
-183.25
0.7445
-49.07
55,400
-49.07
-0.2555
-10.95
191.95
20.7
522
5,049
4,449
218
20.2
885.00
-170.25
0.7222
-49.79
55,500
-49.79
-0.2778
-13.65
215.00
20.2
2,983
13,158
1,978
60
20.6
871.00
-107.40
0.6892
-53.57
55,600
-53.57
-0.3108
-7.55
243.90
20.6
469
3,530
2,125
-89
20.3
752.00
-146.00
0.6611
-54.75
55,700
-54.75
-0.3389
-11.70
271.20
20.3
-1,208
4,181
1,895
668
20.2
688.20
-153.80
0.6304
-56.08
55,800
-56.08
-0.3696
-3.00
304.40
20.2
2,652
5,675
2,426
891
20.1
626.60
-144.05
0.5983
-57.18
55,900
-57.18
-0.4017
+1.25
341.45
20.1
2,220
4,948
18,925
7,061
20.2
566.60
-139.70
0.5647
-58.51
56,000
-58.51
-0.4353
+7.25
386.60
20.2
2,619
23,510
5,011
3,083
19.9
509.80
-134.75
0.5315
-58.35
56,100
-58.35
-0.4685
+9.10
426.60
19.9
3,020
5,543
7,688
5,516
19.8
457.05
-129.35
0.4973
-58.34
56,200
-58.34
-0.5027
+13.70
474.45
19.8
1,848
6,362
8,971
4,248
19.9
408.30
-123.90
0.4632
-58.22
56,300
-58.22
-0.5368
+21.40
528.50
19.9
-1,011
3,925
5,162
1,256
19.6
363.00
-117.65
0.4284
-56.76
56,400
-56.76
-0.5716
+26.00
578.40
19.6
-218
4,128
25,221
5,594
19.9
324.55
-107.15
0.3963
-56.51
56,500
-56.51
-0.6037
+39.50
644.25
19.9
491
17,331
6,040
-269
19.5
285.70
-100.35
0.3613
-53.92
56,600
-53.92
-0.6387
+42.50
699.00
19.5
-1,152
2,418
7,603
-355
19.9
253.10
-91.10
0.3325
-53.28
56,700
-53.28
-0.6675
+56.70
775.00
19.9
-1,232
2,394
9,192
60
19.1
220.00
-85.95
0.2947
-48.61
56,800
-48.61
-0.7053
+49.35
826.30
19.1
-843
5,236
5,868
2,043
19.1
194.40
-77.00
0.2645
-46.01
56,900
-46.01
-0.7355
+61.45
898.05
19.1
-128
2,377
28,024
699
19.9
168.20
-70.85
0.2457
-46.12
57,000
-46.12
-0.7543
+79.60
992.90
19.9
-1,911
20,514
5,879
1,334
19.4
151.35
-59.15
0.2146
-41.81
57,100
-41.81
-0.7854
+80.00
1058.00
19.4
-484
2,088
7,690
277
19.5
131.10
-54.85
0.1916
-39.28
57,200
-39.28
-0.8084
+85.25
1140.00
19.5
-485
2,288
7,876
-1,170
19.6
114.05
-48.00
0.1693
-36.36
57,300
-36.36
-0.8307
+86.75
1222.65
19.6
-361
2,972
8,547
374
18.6
99.90
-42.20
0.1368
-30.08
57,400
-30.08
-0.8632
+81.55
1295.10
18.6
-171
2,911
21,401
61
20.4
86.00
-38.50
0.1395
-33.31
57,500
-33.31
-0.8605
+132.85
1404.00
20.4
-687
6,081
5,473
289
19.3
76.90
-31.00
0.1097
-26.71
57,600
-26.71
-0.8903
+106.90
1479.45
19.3
-70
2,707
4,511
610
21.0
67.85
-26.45
0.1141
-29.91
57,700
-29.91
-0.8859
+118.25
1572.80
21.0
-28
277
5,773
1,822
21.0
57.50
-25.00
0.0995
-27.09
57,800
-27.09
-0.9005
+144.95
1692.80
21.0
-79
251
4,026
886
21.3
50.95
-20.65
0.0891
-25.26
57,900
-25.26
-0.9109
+116.55
1747.95
21.3
-196
302
29,469
4,060
19.9
43.70
-19.20
0.0638
-18.33
58,000
-18.33
-0.9362
+115.30
1852.15
19.9
-1,319
4,536
4,300
854
21.8
40.05
-14.15
0.0713
-21.86
58,100
-21.86
-0.9287
+109.65
1957.90
21.8
-34
110
4,648
1,371
21.8
34.10
-13.95
0.0620
-19.67
58,200
-19.67
-0.9380
+0.00
1902.75
21.8
0
102
5,416
2,012
22.1
30.10
-12.45
0.0552
-18.15
58,300
-18.15
-0.9448
+58.45
2062.00
22.1
-1
72
2,900
925
22.5
27.90
-8.90
0.0509
-17.35
58,400
-17.35
-0.9491
+439.70
2539.70
22.5
-4
66
16,076
1,954
22.7
24.60
-7.95
0.0452
-15.95
58,500
-15.95
-0.9548
+116.90
2348.00
22.7
-50
637
4,021
950
23.2
23.00
-6.35
0.0419
-15.31
58,600
-15.31
-0.9581
+275.00
2600.00
23.2
0
55
3,999
-804
23.0
18.40
-7.05
0.0348
-13.03
58,700
-13.03
-0.9652
+427.65
2715.00
23.0
0
20
4,181
-911
23.6
17.90
-4.50
0.0332
-12.87
58,800
-12.87
-0.9668
+102.30
2590.00
23.6
0
310
2,553
-1,510
23.6
15.05
-5.10
0.0285
-11.35
58,900
-11.35
-0.9715
+1215.35
2860.10
23.6
-1
76
33,725
2,931
23.6
12.40
-5.45
0.0240
-9.83
59,000
-9.83
-0.9760
+154.05
2813.70
23.6
-79
5,073
2,693
-367
24.2
12.00
-4.45
0.0229
-9.65
59,100
-9.65
-0.9771
+898.60
2763.65
24.2
0
14
3,054
-1,604
24.7
11.75
-2.65
0.0220
-9.56
59,200
-9.56
-0.9780
+866.00
2861.05
24.7
0
19
1,592
-882
24.5
9.30
-3.85
0.0180
-8.00
59,300
-8.00
-0.9820
+834.30
3420.00
24.5
0
49
1,361
-291
25.2
9.25
-2.90
0.0175
-8.02
59,400
-8.02
-0.9825
+991.50
3056.85
25.2
0
31
15,940
189
25.2
7.90
-2.70
0.0152
-7.11
59,500
-7.11
-0.9848
+123.15
3300.00
25.2
-63
1,026
1,788
-441
25.9
8.00
-2.60
0.0150
-7.22
59,600
-7.22
-0.9850
+931.90
3253.85
25.9
0
146
2,320
-2,548
26.4
7.65
-1.60
0.0142
-7.01
59,700
-7.01
-0.9858
-47.35
3352.65
26.4
0
43
1,989
-531
25.7
5.30
-3.00
0.0104
-5.23
59,800
-5.23
-0.9896
+100.00
3550.00
25.7
0
76
1,383
-777
27.4
7.20
-0.65
0.0130
-6.74
59,900
-6.74
-0.9870
-27.20
3516.20
27.4
0
51
41,805
243
26.7
4.95
-2.10
0.0095
-5.00
60,000
-5.00
-0.9905
+158.95
3830.50
26.7
-425
8,632
1,046
-40
25.7
3.00
-3.60
0.0062
-3.32
60,100
-3.32
-0.9938
+107.00
3749.50
25.7
0
12
887
-726
26.7
3.50
-2.35
0.0069
-3.79
60,200
-3.79
-0.9931
+1148.05
3930.00
26.7
0
79
1,314
-1,409
28.3
4.75
-0.95
0.0087
-4.90
60,300
-4.90
-0.9913
+95.55
3948.55
28.3
0
20
543
-88
27.4
3.05
-2.60
0.0059
-3.41
60,400
-3.41
-0.9941
+817.30
4436.30
27.4
0
44
12,608
700
28.1
3.20
-1.65
0.0061
-3.56
60,500
-3.56
-0.9939
+113.75
4284.90
28.1
-12
408
Recommended strategy
Bear Put Spread Bearish
BUY56,100 PE@ 426.60
SELL55,100 PE@ 131.65
Lot size30
Max profit₹21,152
Max loss₹-8,848
Breakeven(s)55,808
Buy 56,100 PE @ 426.60, Sell 55,100 PE @ 131.65. Net debit strategy profiting from downside. Limited risk with defined reward.
P&L at expiry — interactive simulator
P&L curveBreakevenBuy / Max profitSell / Max lossSpot price