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: upward drift (F&O + breadth)
Spot
24,036.50
Index chg
+0.58%
PCR (OI)
0.753
Max pain
24,050
Δ -0.06%
Breadth A/D
39 / 11
Confidence
Medium
Reasoning
Put–call ratio (OI) = 0.753. Low PCR suggests crowded calls (mean-reversion risk); high PCR indicates hedging/bearish positioning.
Max pain ≈ 24,050 vs spot ≈ 24,036 (-0.06%). Near expiry, price tends to gravitate toward max pain.
Session ΔOI: calls +472,728, puts +585,405. Fresh OI in the direction of the move implies trend conviction; against the move implies hedging.
ATM (24,050): CE OI 129,039 vs PE OI 89,880, CE IV 18.8% / PE IV 18.8%.
Cash index breadth: 39 up / 11 down (A/D ≈ 3.55).
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
120
0
54.4
1903.80
+191.70
0.9969
-3.07
22,150
-3.07
-0.0031
-0.70
0.70
54.4
-125
1,821
895
-91
52.6
1848.00
+121.50
0.9970
-2.87
22,200
-2.87
-0.0030
-0.70
0.70
52.6
-2,176
11,365
395
0
52.1
1764.05
+105.45
0.9965
-3.23
22,250
-3.23
-0.0035
-0.70
0.75
52.1
-68
3,272
2,164
-16
50.3
1719.75
+90.35
0.9966
-3.03
22,300
-3.03
-0.0034
-0.80
0.70
50.3
-6,491
12,741
202
-5
49.3
1700.00
+188.25
0.9963
-3.20
22,350
-3.20
-0.0037
-0.80
0.75
49.3
588
2,889
4,759
0
48.0
1650.00
+117.55
0.9962
-3.19
22,400
-3.19
-0.0038
-0.85
0.75
48.0
-4,465
16,243
250
-12
46.6
1611.55
+97.55
0.9961
-3.17
22,450
-3.17
-0.0039
-1.00
0.75
46.6
-80
4,519
17,134
-342
45.6
1551.30
+124.90
0.9958
-3.33
22,500
-3.33
-0.0042
-1.10
0.80
45.6
-16,429
76,349
526
-35
44.2
1510.30
+143.55
0.9957
-3.31
22,550
-3.31
-0.0043
-1.20
0.85
44.2
1,174
5,434
1,803
-20
43.1
1458.25
+130.35
0.9953
-3.46
22,600
-3.46
-0.0047
-1.35
0.80
43.1
-6,882
23,268
980
-5
41.8
1381.90
+121.90
0.9952
-3.44
22,650
-3.44
-0.0048
-1.60
0.85
41.8
-227
6,133
5,231
-63
40.4
1350.00
+120.75
0.9951
-3.42
22,700
-3.42
-0.0049
-1.95
0.85
40.4
-13,193
26,078
1,971
-10
39.2
1297.85
+124.95
0.9946
-3.57
22,750
-3.57
-0.0054
-2.20
0.90
39.2
-1,826
8,394
5,630
-88
0.0
1248.00
+123.35
1.0000
0.00
22,800
0.00
0.0000
-2.50
1.00
0.0
-12,318
48,206
4,546
-26
36.7
1191.75
+89.30
0.9940
-3.68
22,850
-3.68
-0.0060
-3.05
1.00
36.7
-76
14,209
2,783
-143
35.7
1152.70
+135.70
0.9933
-3.97
22,900
-3.97
-0.0067
-3.60
1.10
35.7
-2,683
37,496
516
0
34.5
1081.05
+88.10
0.9928
-4.09
22,950
-4.09
-0.0072
-4.45
1.15
34.5
158
14,458
23,968
-1,498
33.7
1051.75
+133.20
0.9914
-4.66
23,000
-4.66
-0.0086
-5.10
1.35
33.7
12,866
176,660
2,864
-2
32.6
1000.10
+110.30
0.9905
-4.90
23,050
-4.90
-0.0095
-6.30
1.45
32.6
2,316
15,221
3,365
-202
31.4
952.10
+123.50
0.9896
-5.14
23,100
-5.14
-0.0104
-7.60
1.55
31.4
12,194
57,629
549
4
30.5
876.90
+104.00
0.9877
-5.76
23,150
-5.76
-0.0123
-9.40
1.75
30.5
1,317
20,769
2,461
-130
29.4
851.15
+110.20
0.9863
-6.09
23,200
-6.09
-0.0137
-11.25
1.95
29.4
-10,508
71,859
552
4
28.4
786.90
+105.85
0.9839
-6.77
23,250
-6.77
-0.0161
-14.00
2.20
28.4
-8,683
20,034
3,009
-18
27.5
760.30
+114.50
0.9808
-7.63
23,300
-7.63
-0.0192
-17.05
2.60
27.5
-5,653
54,362
464
-4
26.5
714.00
+121.60
0.9777
-8.30
23,350
-8.30
-0.0223
-20.95
3.05
26.5
2,726
22,127
2,123
-142
25.2
651.25
+101.65
0.9747
-8.82
23,400
-8.82
-0.0253
-25.75
3.60
25.2
2,471
53,726
3,277
-19
24.7
603.40
+95.75
0.9670
-10.76
23,450
-10.76
-0.0330
-31.15
4.40
24.7
8,105
27,438
18,244
-619
23.9
548.50
+86.80
0.9592
-12.37
23,500
-12.37
-0.0408
-37.35
5.45
23.9
36,514
130,794
2,889
69
23.1
500.50
+79.00
0.9489
-14.34
23,550
-14.34
-0.0511
-44.70
6.85
23.1
22,011
39,815
3,969
-660
22.4
452.25
+70.20
0.9348
-16.89
23,600
-16.89
-0.0652
-52.75
8.95
22.4
19,882
73,368
1,041
-247
21.8
405.30
+63.95
0.9162
-19.89
23,650
-19.89
-0.0838
-62.65
11.55
21.8
14,689
31,792
6,221
-1,434
21.2
358.65
+52.00
0.8925
-23.24
23,700
-23.24
-0.1075
-72.10
15.45
21.2
23,967
76,501
2,827
-272
20.6
313.55
+41.75
0.8633
-26.65
23,750
-26.65
-0.1367
-82.50
20.40
20.6
27,929
51,501
19,591
-3,005
19.9
269.70
+30.45
0.8268
-30.17
23,800
-30.17
-0.1732
-94.50
27.25
19.9
54,962
121,512
9,827
-4,084
19.8
228.40
+19.50
0.7750
-35.17
23,850
-35.17
-0.2250
-106.35
36.35
19.8
47,243
64,105
48,111
-16,413
19.4
190.60
+7.70
0.7182
-38.75
23,900
-38.75
-0.2818
-117.05
48.15
19.4
65,587
148,743
34,695
3,813
19.2
155.65
-2.75
0.6509
-42.02
23,950
-42.02
-0.3491
-126.05
63.00
19.2
58,913
81,873
203,836
72,131
19.0
124.80
-10.95
0.5770
-44.05
24,000
-44.05
-0.4230
-135.00
81.75
19.0
149,038
244,916
129,039
105,894
18.8
97.55
-19.65
0.4989
-44.40
24,050
-44.40
-0.5011
-141.45
104.90
18.8
79,081
89,880
235,301
159,187
18.8
75.05
-24.15
0.4202
-43.49
24,100
-43.49
-0.5798
-145.80
132.65
18.8
64,033
95,733
107,674
60,333
18.8
56.65
-27.05
0.3447
-40.96
24,150
-40.96
-0.6553
-149.10
164.15
18.8
14,172
22,337
190,366
53,721
18.9
42.00
-28.50
0.2761
-37.35
24,200
-37.35
-0.7239
-151.10
199.75
18.9
7,690
52,187
79,242
39,857
19.1
31.05
-28.45
0.2168
-33.14
24,250
-33.14
-0.7832
-148.80
238.35
19.1
2,132
10,254
184,372
88,807
19.4
22.75
-27.55
0.1685
-28.88
24,300
-28.88
-0.8315
-147.10
280.65
19.4
-712
27,396
59,147
25,788
19.8
17.05
-25.70
0.1303
-24.87
24,350
-24.87
-0.8697
-144.95
323.45
19.8
-1,626
4,442
124,653
14,108
20.4
12.90
-23.60
0.1015
-21.43
24,400
-21.43
-0.8985
-140.40
370.00
20.4
-3,491
24,967
63,961
22,201
21.0
9.90
-20.85
0.0793
-18.38
24,450
-18.38
-0.9207
-141.70
415.90
21.0
-1,495
7,465
203,450
24,855
21.8
7.75
-18.45
0.0628
-15.90
24,500
-15.90
-0.9372
-139.40
465.00
21.8
-5,029
35,504
55,761
18,351
20.6
6.10
-16.00
0.0359
-9.58
24,550
-9.58
-0.9641
-130.20
512.40
20.6
-1,199
6,913
121,839
32,285
18.3
4.90
-14.15
0.0129
-3.61
24,600
-3.61
-0.9871
-134.15
560.00
18.3
-1,522
9,598
47,957
14,908
24.2
4.15
-12.10
0.0335
-10.68
24,650
-10.68
-0.9665
-131.30
608.75
24.2
-288
1,193
93,804
-7,816
19.5
3.55
-10.25
0.0070
-2.27
24,700
-2.27
-0.9930
-135.55
652.60
19.5
-1,223
5,647
42,823
-3,559
26.0
3.05
-9.00
0.0235
-8.53
24,750
-8.53
-0.9765
-140.20
695.00
26.0
-76
715
99,735
-6,673
25.8
2.70
-7.70
0.0163
-6.20
24,800
-6.20
-0.9837
-132.85
754.00
25.8
-973
7,569
39,852
13,871
28.0
2.40
-6.80
0.0178
-7.26
24,850
-7.26
-0.9822
-128.60
806.30
28.0
-23
588
81,732
2,413
27.3
2.10
-6.00
0.0112
-4.76
24,900
-4.76
-0.9888
-124.45
853.40
27.3
47
2,115
32,328
8,688
29.9
1.90
-5.05
0.0136
-6.16
24,950
-6.16
-0.9864
-117.85
908.40
29.9
-15
420
213,114
-23,310
30.8
1.70
-4.55
0.0120
-5.69
25,000
-5.69
-0.9880
-117.55
961.40
30.8
-4,944
21,619
23,344
-44
31.8
1.55
-3.85
0.0107
-5.33
25,050
-5.33
-0.9893
-76.80
1039.10
31.8
0
268
78,371
21,284
32.6
1.40
-3.35
0.0093
-4.81
25,100
-4.81
-0.9907
-137.00
1041.40
32.6
-64
632
24,455
-6,618
33.6
1.30
-2.75
0.0084
-4.55
25,150
-4.55
-0.9916
-135.25
1079.00
33.6
1
173
99,519
-17,175
34.3
1.15
-2.35
0.0073
-4.13
25,200
-4.13
-0.9927
-125.25
1145.00
34.3
-230
1,713
17,034
3
35.4
1.10
-2.05
0.0068
-4.00
25,250
-4.00
-0.9932
-144.45
1245.00
35.4
-4
220
56,307
-12,250
36.3
0.95
-1.85
0.0061
-3.71
25,300
-3.71
-0.9939
-118.10
1255.45
36.3
-60
636
13,684
-6,082
37.5
0.95
-1.50
0.0059
-3.73
25,350
-3.73
-0.9941
+89.30
1280.00
37.5
0
70
31,262
-14,616
38.3
0.85
-1.35
0.0053
-3.43
25,400
-3.43
-0.9947
-114.30
1362.50
38.3
-55
704
9,311
-1,189
39.7
0.90
-1.15
0.0054
-3.61
25,450
-3.61
-0.9946
-134.95
1364.05
39.7
1
123
106,153
-59,847
40.4
0.75
-1.15
0.0047
-3.29
25,500
-3.29
-0.9953
-134.80
1445.85
40.4
-2,028
9,923
9,013
-1,319
41.4
0.75
-0.90
0.0044
-3.14
25,550
-3.14
-0.9956
-110.00
1470.00
41.4
0
93
35,409
-15,081
41.6
0.60
-0.80
0.0035
-2.61
25,600
-2.61
-0.9965
-135.60
1551.35
41.6
-30
593
7,262
-1,712
42.7
0.60
-0.80
0.0035
-2.63
25,650
-2.63
-0.9965
+192.30
1607.30
42.7
-1
111
44,851
-5,096
43.1
0.50
-0.65
0.0029
-2.26
25,700
-2.26
-0.9971
-138.55
1639.10
43.1
-150
358
16,231
-279
44.2
0.50
-0.55
0.0028
-2.27
25,750
-2.27
-0.9972
-70.00
1750.00
44.2
-9
18
24,251
-17,413
45.4
0.50
-0.60
0.0028
-2.28
25,800
-2.28
-0.9972
-147.10
1740.00
45.4
-93
826
13,269
-101
46.0
0.45
-0.50
0.0025
-2.10
25,850
-2.10
-0.9975
+40.65
1935.65
46.0
0
29
25,572
-8,257
47.1
0.45
-0.40
0.0024
-2.10
25,900
-2.10
-0.9976
-143.85
1854.80
47.1
-20
202
8,066
-1,164
48.2
0.45
-0.45
0.0024
-2.11
25,950
-2.11
-0.9976
-108.25
1937.30
48.2
0
34
Recommended strategy
Bull Call Spread Bullish
BUY24,050 CE@ 97.55
SELL24,150 CE@ 56.65
Lot size65
Max profit₹3,842
Max loss₹-2,658
Breakeven(s)24,091
Buy 24,050 CE @ 97.55, Sell 24,150 CE @ 56.65. Net debit strategy that profits from a moderate upside move. Capped risk and reward.
P&L at expiry — interactive simulator
P&L curveBreakevenBuy / Max profitSell / Max lossSpot price
NIFTY BANK
BANKNIFTY · 2026-04-28
CHAIN OKNeutral / two-sided (mixed signals)
Spot
56,054.15
Index chg
-0.06%
PCR (OI)
0.812
Max pain
56,000
Δ +0.10%
Breadth A/D
8 / 6
Confidence
Medium
Reasoning
Put–call ratio (OI) = 0.812. Low PCR suggests crowded calls (mean-reversion risk); high PCR indicates hedging/bearish positioning.
Max pain ≈ 56,000 vs spot ≈ 56,054 (+0.10%). Near expiry, price tends to gravitate toward max pain.
Session ΔOI: calls +146,223, puts +64,361. Fresh OI in the direction of the move implies trend conviction; against the move implies hedging.
ATM (56,100): CE OI 17,132 vs PE OI 12,162, CE IV 23.0% / PE IV 23.0%.
Cash index breadth: 8 up / 6 down (A/D ≈ 1.33).
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
684
-4
56.7
4475.00
-136.80
0.9959
-9.41
51,600
-9.41
-0.0041
-5.50
2.25
56.7
-120
1,351
708
0
55.0
4400.00
+180.70
0.9962
-8.67
51,700
-8.67
-0.0038
-6.30
2.05
55.0
-15
909
652
-2
53.8
4300.00
-2.65
0.9961
-8.64
51,800
-8.64
-0.0039
-6.60
2.05
53.8
18
1,050
375
-2
52.8
4200.00
-90.00
0.9959
-8.78
51,900
-8.78
-0.0041
-6.75
2.10
52.8
-150
662
7,987
-210
51.6
4099.95
-81.75
0.9958
-8.74
52,000
-8.74
-0.0042
-7.10
2.10
51.6
-5,316
21,834
468
0
50.4
4150.00
+0.00
0.9957
-8.71
52,100
-8.71
-0.0043
-7.85
2.10
50.4
-219
1,673
430
-3
49.5
3775.00
+25.00
0.9955
-9.02
52,200
-9.02
-0.0045
-8.00
2.20
49.5
-168
707
735
-9
43.4
3766.20
-234.65
0.9981
-3.61
52,300
-3.61
-0.0019
-8.45
2.15
43.4
-30
1,855
567
0
46.8
3669.50
-155.50
0.9954
-8.60
52,400
-8.60
-0.0046
-8.90
2.10
46.8
1,450
2,361
3,310
-89
46.1
3581.10
-115.90
0.9950
-9.23
52,500
-9.23
-0.0050
-9.60
2.30
46.1
-3,391
10,659
761
-1
45.5
3465.00
+65.00
0.9943
-10.18
52,600
-10.18
-0.0057
-10.45
2.60
45.5
-218
929
1,815
-2
44.6
3360.00
-162.85
0.9939
-10.61
52,700
-10.61
-0.0061
-10.95
2.75
44.6
-150
2,262
632
0
43.8
3275.00
+175.00
0.9934
-11.18
52,800
-11.18
-0.0066
-11.60
2.95
43.8
-296
1,824
663
1
42.7
3100.00
-246.70
0.9930
-11.43
52,900
-11.43
-0.0070
-12.35
3.05
42.7
81
837
6,798
-248
41.7
3075.00
-83.35
0.9926
-11.83
53,000
-11.83
-0.0074
-12.95
3.20
41.7
4,561
23,449
522
0
40.8
2948.00
-156.45
0.9920
-12.36
53,100
-12.36
-0.0080
-16.05
3.40
40.8
-608
900
443
-7
39.9
2900.00
-600.00
0.9912
-13.17
53,200
-13.17
-0.0088
-15.40
3.70
39.9
-622
1,734
468
-10
38.6
2730.00
-100.00
0.9910
-12.94
53,300
-12.94
-0.0090
-16.90
3.65
38.6
108
3,121
348
-4
37.9
2775.00
-125.00
0.9898
-14.13
53,400
-14.13
-0.0102
-17.90
4.10
37.9
-1,656
1,161
1,452
-56
37.1
2580.00
-144.45
0.9887
-15.13
53,500
-15.13
-0.0113
-19.35
4.50
37.1
1,312
16,284
271
-5
36.3
2500.00
-3.20
0.9873
-16.48
53,600
-16.48
-0.0127
-21.55
5.05
36.3
-121
2,404
461
0
35.5
2302.00
-257.40
0.9858
-17.77
53,700
-17.77
-0.0142
-23.70
5.60
35.5
-417
3,985
350
-7
34.6
2312.50
-135.05
0.9844
-18.74
53,800
-18.74
-0.0156
-25.15
6.05
34.6
-98
3,249
398
0
33.8
2150.00
+123.80
0.9824
-20.26
53,900
-20.26
-0.0176
-27.85
6.75
33.8
-179
2,854
8,705
-423
33.0
2076.70
-156.65
0.9800
-22.04
54,000
-22.04
-0.0200
-31.35
7.55
33.0
-268
27,665
403
-6
26.1
1967.30
-82.70
0.9931
-6.96
54,100
-6.96
-0.0069
-34.75
8.35
26.1
-237
2,140
440
-5
31.2
1850.00
-200.00
0.9748
-25.38
54,200
-25.38
-0.0252
-38.65
9.35
31.2
1,626
5,247
512
0
30.6
1706.40
-229.60
0.9707
-28.15
54,300
-28.15
-0.0293
-42.70
10.95
30.6
1,061
3,825
612
-1
29.9
1770.00
-81.75
0.9656
-31.46
54,400
-31.46
-0.0344
-46.90
12.80
29.9
-163
3,256
4,562
-168
27.0
1575.00
-189.15
0.9708
-24.82
54,500
-24.82
-0.0292
-52.85
15.00
27.0
3,107
20,676
1,093
276
28.7
1529.35
-201.70
0.9525
-39.15
54,600
-39.15
-0.0475
-57.25
17.85
28.7
1,153
4,859
786
3
28.1
1353.40
-287.25
0.9436
-44.02
54,700
-44.02
-0.0564
-64.80
21.35
28.1
602
5,045
700
-14
27.5
1308.50
-203.30
0.9331
-49.25
54,800
-49.25
-0.0669
-69.50
25.70
27.5
1,180
5,440
686
-17
26.9
1208.05
-150.65
0.9207
-54.86
54,900
-54.86
-0.0793
-79.00
30.30
26.9
1,223
4,033
9,949
-1,253
26.5
1101.75
-201.45
0.9044
-62.20
55,000
-62.20
-0.0956
-81.45
38.00
26.5
6,274
30,437
567
-27
26.1
1025.00
-223.50
0.8856
-69.69
55,100
-69.69
-0.1144
-89.70
46.10
26.1
1,515
4,015
665
-42
25.5
920.00
-230.95
0.8650
-76.45
55,200
-76.45
-0.1350
-95.55
55.65
25.5
3,902
7,317
453
-65
24.8
829.95
-220.60
0.8421
-82.60
55,300
-82.60
-0.1579
-101.55
68.30
24.8
3,469
5,911
755
-81
24.7
748.00
-224.75
0.8093
-92.77
55,400
-92.77
-0.1907
-109.10
83.65
24.7
3,094
7,830
4,515
107
24.4
665.25
-235.80
0.7745
-101.10
55,500
-101.10
-0.2255
-115.50
101.25
24.4
8,451
21,410
1,857
-107
24.1
587.10
-236.40
0.7353
-108.80
55,600
-108.80
-0.2647
-121.45
123.30
24.1
3,366
6,714
2,013
-95
23.8
516.90
-225.25
0.6915
-115.74
55,700
-115.74
-0.3085
-125.25
148.75
23.8
4,810
8,381
2,623
795
23.6
443.05
-246.30
0.6438
-121.26
55,800
-121.26
-0.3562
-124.75
179.95
23.6
5,668
10,617
3,601
1,388
23.1
378.90
-247.90
0.5933
-123.84
55,900
-123.84
-0.4067
-126.65
215.35
23.1
6,150
10,636
27,899
9,949
23.1
318.00
-245.80
0.5388
-126.48
56,000
-126.48
-0.4612
-125.10
256.60
23.1
10,965
32,887
17,132
12,744
23.0
265.00
-243.95
0.4833
-126.32
56,100
-126.32
-0.5167
-119.80
304.05
23.0
7,412
12,162
19,683
12,845
22.8
219.55
-239.05
0.4275
-123.41
56,200
-123.41
-0.5725
-111.75
358.00
22.8
5,712
11,518
24,260
15,973
22.7
179.60
-232.75
0.3731
-118.82
56,300
-118.82
-0.6269
-99.80
417.35
22.7
4,302
7,957
18,019
13,475
22.4
146.95
-214.80
0.3184
-110.11
56,400
-110.11
-0.6816
-84.40
485.00
22.4
1,944
5,923
37,723
15,379
22.7
118.35
-201.40
0.2727
-104.19
56,500
-104.19
-0.7273
-72.95
557.95
22.7
2,349
16,791
12,300
6,626
22.9
95.50
-187.70
0.2301
-96.02
56,600
-96.02
-0.7699
-49.80
636.85
22.9
297
2,531
12,787
5,524
22.8
76.20
-174.85
0.1895
-85.40
56,700
-85.40
-0.8105
-46.50
708.35
22.8
373
2,598
15,946
6,891
23.3
61.45
-158.05
0.1589
-77.77
56,800
-77.77
-0.8411
-29.00
802.35
23.3
503
5,726
7,532
1,898
23.7
49.55
-139.30
0.1328
-70.27
56,900
-70.27
-0.8672
-25.55
883.70
23.7
-44
2,332
37,720
10,579
24.4
40.90
-126.45
0.1126
-64.32
57,000
-64.32
-0.8874
-0.90
981.70
24.4
-1,262
18,867
7,767
2,141
24.2
33.50
-112.35
0.0880
-53.27
57,100
-53.27
-0.9120
+13.10
1065.00
24.2
-143
1,937
9,164
1,651
25.2
27.60
-100.50
0.0777
-50.62
57,200
-50.62
-0.9223
+31.45
1162.40
25.2
103
2,386
11,703
4,040
26.0
23.15
-87.40
0.0666
-46.28
57,300
-46.28
-0.9334
+9.45
1217.15
26.0
-164
2,805
8,882
814
21.6
19.90
-78.05
0.0253
-17.54
57,400
-17.54
-0.9747
+48.05
1340.95
21.6
-63
2,848
25,778
4,797
27.3
16.85
-69.00
0.0485
-37.86
57,500
-37.86
-0.9515
+45.50
1404.80
27.3
-2,262
3,636
6,742
1,808
27.9
14.45
-59.90
0.0414
-34.05
57,600
-34.05
-0.9586
+80.45
1550.00
27.9
-25
2,677
5,038
640
28.7
12.65
-53.00
0.0365
-31.70
57,700
-31.70
-0.9635
+62.50
1646.00
28.7
-1
276
7,092
1,408
29.4
11.15
-46.70
0.0319
-29.03
57,800
-29.03
-0.9681
+110.95
1749.30
29.4
-11
239
7,102
3,431
30.1
9.80
-41.35
0.0279
-26.65
57,900
-26.65
-0.9721
+103.55
1801.85
30.1
-8
293
36,089
7,319
31.0
9.05
-35.85
0.0251
-25.05
58,000
-25.05
-0.9749
+106.50
1946.65
31.0
-659
3,871
4,724
174
31.7
8.10
-31.40
0.0221
-23.11
58,100
-23.11
-0.9779
+19.10
1982.30
31.7
-10
102
5,682
1,201
32.5
7.30
-27.55
0.0198
-21.50
58,200
-21.50
-0.9802
+210.20
2112.95
32.5
-2
100
5,308
-269
33.3
6.65
-24.70
0.0178
-20.15
58,300
-20.15
-0.9822
+0.00
2117.35
33.3
0
72
3,302
168
34.1
6.05
-22.50
0.0162
-19.10
58,400
-19.10
-0.9838
-247.45
2292.25
34.1
0
65
21,485
5,013
34.9
5.50
-18.65
0.0145
-17.74
58,500
-17.74
-0.9855
+94.40
2425.00
34.9
-34
602
3,786
-425
35.8
5.20
-17.50
0.0135
-17.10
58,600
-17.10
-0.9865
-114.05
2485.95
35.8
0
53
3,716
-290
36.6
4.90
-14.85
0.0124
-16.29
58,700
-16.29
-0.9876
-325.50
2389.50
36.6
-3
16
4,390
139
37.5
4.65
-13.05
0.0116
-15.72
58,800
-15.72
-0.9884
-78.00
2512.00
37.5
0
309
3,776
999
38.3
4.25
-11.30
0.0105
-14.71
58,900
-14.71
-0.9895
-80.35
2779.75
38.3
0
75
36,985
4,780
39.2
4.00
-9.70
0.0099
-14.24
59,000
-14.24
-0.9901
+123.35
2930.20
39.2
-19
5,026
2,644
-45
40.0
3.85
-8.95
0.0091
-13.60
59,100
-13.60
-0.9909
+1020.85
2885.90
40.0
0
14
2,481
-459
40.8
3.55
-7.55
0.0085
-12.93
59,200
-12.93
-0.9915
+1081.20
3076.25
40.8
0
19
2,015
470
41.9
3.55
-7.05
0.0082
-13.01
59,300
-13.01
-0.9918
-480.00
2940.00
41.9
0
48
1,618
271
42.6
3.30
-5.95
0.0076
-12.31
59,400
-12.31
-0.9924
+1209.40
3274.75
42.6
0
31
17,857
2,031
43.1
2.90
-5.05
0.0068
-11.28
59,500
-11.28
-0.9932
+239.40
3518.00
43.1
-43
982
1,885
97
44.1
2.90
-4.65
0.0065
-11.18
59,600
-11.18
-0.9935
+1151.85
3473.80
44.1
0
146
1,799
-492
45.1
2.85
-3.90
0.0063
-11.07
59,700
-11.07
-0.9937
+173.40
3573.40
45.1
0
43
1,915
-134
46.0
2.75
-3.55
0.0061
-10.96
59,800
-10.96
-0.9939
+269.30
3819.30
46.0
0
76
1,398
39
46.8
2.65
-3.10
0.0057
-10.52
59,900
-10.52
-0.9943
+256.65
3772.85
46.8
0
44
39,120
-1,971
47.4
2.40
-3.00
0.0053
-9.89
60,000
-9.89
-0.9947
+95.25
3950.00
47.4
-1,478
7,133
1,050
151
48.5
2.45
-2.10
0.0052
-9.94
60,100
-9.94
-0.9948
+329.95
3972.45
48.5
0
12
897
2
48.8
2.15
-2.35
0.0045
-8.94
60,200
-8.94
-0.9955
+290.00
4220.00
48.8
-11
70
2,248
973
50.0
2.25
-1.75
0.0046
-9.33
60,300
-9.33
-0.9954
+319.20
4172.20
50.0
0
20
631
84
50.7
2.10
-1.65
0.0043
-8.84
60,400
-8.84
-0.9957
-164.25
4272.05
50.7
0
44
11,138
-1,471
50.4
1.70
-1.60
0.0035
-7.24
60,500
-7.24
-0.9965
+100.95
4410.00
50.4
-26
380
Recommended strategy
Long Straddle Neutral (expects big move)
BUY56,100 CE@ 265.00
BUY56,100 PE@ 304.05
Lot size30
Max profit₹-2,072
Max loss₹-17,072
Breakeven(s)—
Buy 56,100 CE @ 265.00 + Buy 56,100 PE @ 304.05. Net debit strategy that profits from a large move in either direction. Low IV makes the entry cheaper.
P&L at expiry — interactive simulator
P&L curveBreakevenBuy / Max profitSell / Max lossSpot price