F-Intel | Quantitative Volatility & Options Terminal

ACTIVE MARKET REGIME

EQUILIBRIUM

MACRO (1-YR): COMPRESSION (Historical Lows) (17th %ile) CURVE: BACKWARDATION (Event Risk) BIAS: NEUTRAL VOL: WAIT

IV ≈ HV ≈ RV — fairly priced, wait for dislocation

💰 VOLATILITY RISK PREMIUM IN PRICE (POINTS & RUPEES)

NIFTY Spot: 23,327.70 · Lot Size: 65 Qty (₹15.16L Notional/Lot)

DAILY VRP PRICE BUFFER (1D)

+19% EDGE

+22.5 PTS / day

+₹1,460 / lot edge (65 qty)

Priced 1D Move (IV): ±141.7 pts (₹9,211)

Realized Reality (RV): ±119.2 pts (₹7,751)

⚡ Sellers harvest +22.5 pts daily theta buffer

WEEKLY ATM STRADDLE (5 DTE)

+18.8% MISPRICING

+33.4 PTS EDGE

+₹2,171 / lot edge (65 qty)

Market Price (at IV): 210.6 pts (₹13,691)

Fair Value (at RV): 177.2 pts (₹11,520)

💰 Option Sellers Edge: Premium Overpriced by +18.8%

WEEKLY 5-DAY RANGE (1σ)

68.3% PROBABILITY

±263 PTS

₹17,114 1σ range / lot (65 qty)

Lower Bound: 23,064

Upper Bound: 23,591

Priced weekly ATM break-even corridor on spot

SELLERS' PREMIUM MULTIPLE

+1.5% VRP SPREAD

1.19x

IV 9.6% vs RV 8.1%

Premium Status: +18.8% Overpriced

Optimal Action: Credit & Theta Harvest

Implied vs Realized Volatility dispersion ratio

📊 MULTI-HORIZON VOLATILITY TERM STRUCTURE CASCADE (1D → 252D MACRO)

Term Slope (5D - 60D): +0.75% (Flat Curve) · Consensus RV: 8.11%

📈 1-YEAR HISTORICAL VOLATILITY & ESTIMATOR CONE

Historical Percentile: 17% · Half-Life: 68d

20D HV (C2C)

7.69%

Parkinson: 7.44%

1-YR MEAN HV

12.48%

5.2% — 29.5% Range

LIVE ATM IV

9.64%

Z-Score: -0.50×

ANNUAL VRP

+1.96%

98th %ile Rank

REALIZED VOLATILITY CONE — ALL ESTIMATORS

Estimator	5D Horizon	10D Horizon	20D Base	60D Macro
Close-to-Close (C2C)	10.47%	8.36%	7.69%	9.72%
Parkinson (High / Low)	10.69%	8.52%	7.44%	7.48%
Garman-Klass	—	—	6.66%	7.26%
Yang-Zhang (Drift-Independent)	—	—	12.97%	13.99%
Live ATM Implied Volatility (IV)	9.64% (Annual VRP: +1.96% \| 98th Percentile Rank)

REAL-TIME IV SURFACE & EXHAUSTION TERMINAL LIVE STREAMING

DAY OPEN: --

SPOT: --

--:--:--

QUANTITATIVE VOLATILITY BUDGET & CONSUMPTION GAUGES

1-DAY & WEEKLY (1σ)

CALCULATING

EXPECTED 1-DAY MOVE (1σ)

±-- pts

±--%

INTRADAY RANGE (H - L)

-- pts

H: -- | L: --

1-DAY 1σ BOUNDARIES

UPPER:

LOWER:

Daily standard deviation band

WEEKLY EXPECTED MOVE (1σ)

±-- pts

±--% (5-Day Horizon)

WEEKLY REALIZED MOVE & RANGE

-- pts

5D Range: -- pts (H: -- | L: --)

WEEKLY 1σ BOUNDARIES

UPPER:

LOWER:

Expiry / Weekly volatility band

1-DAY BUDGET: Spot Net Move: 0% | Intraday Range Traversed: 0% 100% (1σ Barrier)

WEEKLY BUDGET: Weekly Realized Move: 0% | 5-Day Range Traversed: 0% 100% (Weekly 1σ Barrier)

Solid Fill: Current Spot Net Move Shaded Area: Total Range Traversed

Markers: Gold line indicates 1.0σ full volatility budget

ATM IV & Δ SHIFT

--%

SKEW RATIO (PUT/CALL)

TERM SPREAD

--%

WING IV (PUT vs CALL)

2D VOLATILITY SMILE & Δ IV PER STRIKE Active vs Baseline Overlay

3D VOLATILITY SURFACE MESH Strike × DTE × IV (%)

KEY METRICS & SELL ZONES — DTE 4 | 2026-09-22

ATM IV

9.64%

Straddle

168

Exp. Move

±168 (0.7%)

Max Pain

23300.0

LIVE NET GEX

++7528.1 Cr

Long Gamma Pin

Put Wall ①

23300.0

② 23200

Call Wall ①

23400.0

② 23500

15m OI VELOCITY

BULLISH

Score: +72

PCR

0.98

Neutral

⚡ SELL ZONES: SELL CE > 23400 | SELL PE < 23300

MASTER OPTION CHAIN & SELLER MATRIX

LIVE NIFTY · EXPIRY 2026-09-22

VIEW:

                                    🔴 CALL WALL / RESISTANCE
                                    🟢 PUT WALL / SUPPORT
                                    🔵 ATM PIVOT
                                    🟡 MAX PAIN PIN
                                

CALLS (RESISTANCE / PREMIUM SELLERS)							STRIKE	PUTS (SUPPORT / PREMIUM SELLERS)
Signal	Theta	Call GEX	Call OI	15m Vel	Call LTP	IV	Strike Price	IV	Put LTP	15m Vel	Put OI	Put GEX	Theta	Signal
ITM	-8.3	+391.2 Cr	36,400	+1,365	₹600.00	15.4%	22750 (-578)	13.9%	₹5.50	-32,110	3,073,200	-424.6 Cr	-3.5	★ SAFE
ITM	-5.9	+16.0 Cr	113,035	-4,290	₹545.00	12.3%	22800 (-528)	13.3%	₹6.40	+534,300	7,470,905	-1235.0 Cr	-3.8	★ SAFE
ITM	-6.7	+671.6 Cr	56,095	-780	₹496.75	12.1%	22850 (-478)	12.8%	₹7.80	+73,190	2,744,430	-552.7 Cr	-4.3	★ SAFE
ITM	-7.3	+36.2 Cr	156,390	+3,120	₹448.50	11.7%	22900 (-428)	12.3%	₹9.55	+165,880	4,804,865	-1180.9 Cr	-4.8	★ SAFE
ITM	-8.7	+1515.4 Cr	77,025	+1,820	₹403.10	11.9%	22950 (-378)	11.9%	₹11.95	-63,895	3,103,230	-935.0 Cr	-5.4	★ SAFE
ITM	-9.3	+344.8 Cr	937,495	-2,795	₹355.65	11.3%	23000 (-328)	11.5%	₹15.50	+34,385	12,930,385	-4786.3 Cr	-6.2	★ SAFE
ITM	-10.3	+109.3 Cr	242,710	-5,135	₹310.85	11.1%	23050 (-278)	11.1%	₹19.70	+538,785	4,931,485	-2220.4 Cr	-7.0	★ SAFE
ITM	-11.1	+593.2 Cr	1,092,910	-31,005	₹266.60	10.7%	23100 (-228)	10.8%	₹26.05	-232,440	8,508,370	-4613.2 Cr	-7.9	✓ GOOD
ITM	-12.1	+572.3 Cr	894,400	-69,745	₹225.50	10.5%	23150 (-178)	10.5%	₹34.30	+371,540	5,826,665	-3733.1 Cr	-8.8	✓ GOOD
ITM	-12.8	+3353.8 Cr	4,545,970	-326,625	₹186.30	10.2%	23200 (-128) PUT WALL ②	10.2%	₹45.10	+788,060	16,061,370	-11867.1 Cr	-9.5	~ OK
ITM	-13.3	+3530.9 Cr	4,287,335	-222,170	₹150.45	10.0%	23250 (-78)	10.0%	₹59.25	+375,570	10,420,410	-8594.5 Cr	-10.0	~ OK
ITM	-13.5	+14495.7 Cr	16,376,555	-1,740,245	₹118.40	9.8%	23300 (-28) ◄ ATM 🟢 PUT WALL ①	9.8%	₹77.35	+1,659,255	23,734,295	-21003.2 Cr	-10.2	✗ RISKY
✗ RISKY	-13.2	+13100.3 Cr	14,381,055	-337,415	₹90.60	9.6%	23350 (+22) ◄ ATM	9.6%	₹99.50	+1,512,290	9,124,050	-8311.2 Cr	-9.9	ITM
~ OK	-12.4	+15092.9 Cr	16,877,250	-423,605	₹67.25	9.5%	23400 (+72) 🔴 CALL WALL ①	9.5%	₹126.50	+528,970	7,214,155	-6426.3 Cr	-9.2	ITM
~ OK	-11.1	+8109.4 Cr	9,654,255	+204,555	₹47.70	9.3%	23450 (+122)	9.4%	₹157.55	+112,515	1,714,375	-1426.7 Cr	-8.0	ITM
✓ GOOD	-9.7	+10739.9 Cr	14,500,135	-389,415	₹33.55	9.3%	23500 (+172) CALL WALL ②	9.4%	₹193.00	+107,965	3,203,135	-2361.9 Cr	-6.5	ITM
✓ GOOD	-8.0	+3924.4 Cr	6,300,710	-148,655	₹22.70	9.3%	23550 (+222)	9.3%	₹231.60	+37,895	562,770	-350.4 Cr	-4.7	ITM
★ SAFE	-6.4	+5164.2 Cr	10,343,190	-147,485	₹15.15	9.3%	23600 (+272)	9.3%	₹274.00	+5,330	909,220	-454.2 Cr	-3.1	ITM
★ SAFE	-5.1	+1895.8 Cr	4,911,270	+58,500	₹10.15	9.4%	23650 (+322)	9.4%	₹318.75	+2,080	239,850	-92.4 Cr	-1.7	ITM
★ SAFE	-4.0	+2913.0 Cr	9,957,675	+181,480	₹6.95	9.6%	23700 (+372)	9.4%	₹365.15	-1,040	620,945	-177.7 Cr	-0.4	ITM
★ SAFE	-3.1	+1123.9 Cr	5,118,945	+48,880	₹4.85	9.8%	23750 (+422)	9.8%	₹413.35	-2,405	101,920	-22.1 Cr	0.3	ITM
★ SAFE	-2.6	+1775.8 Cr	10,552,490	+201,825	₹3.65	10.2%	23800 (+472)	11.7%	₹466.00	-5,980	472,290	-102.9 Cr	-1.0	ITM
★ SAFE	-2.3	+507.7 Cr	3,760,510	+22,620	₹3.05	10.8%	23850 (+522)	11.4%	₹512.80	+325	70,265	-706.0 Cr	0.4	ITM
★ SAFE	-2.1	+806.5 Cr	7,335,835	-200,200	₹2.60	11.3%	23900 (+572)	12.3%	₹562.80	-1,495	444,080	-60.5 Cr	0.4	ITM
★ SAFE	-1.9	+176.7 Cr	1,948,505	-316,550	₹2.25	11.9%	23950 (+622)	14.6%	₹604.95	-195	75,140	-733.9 Cr	-1.3	ITM

GEX DISTRIBUTION & VOLATILITY CONTOURS

Full Width Contours · Strike Selection Merged in Master Chain

SPOT MOVEMENT TRAJECTORY & REAL-TIME INTRADAY PROJECTION

PINNING ↔ (Mean-Reverting) Net GEX: +7528.1 Cr

🟢 PUT WALL ① (Demand Floor)

23300.0

-28 pts · Cascade < 23275 → PW ② (23200)

🔴 CALL WALL ① (Supply Ceiling)

23400.0

+72 pts · Squeeze > 23425 → CW ② (23500)

⚡ ZERO-GAMMA FLIP LEVEL

23329

N/A (Long Gamma Pinning)

🎯 1-SIGMA EXPECTED MOVE

±168 pts

Range: 23160 – 23496 | Pain: 23300.0

⚡ INTRADAY PROJECTION ENGINE PIN / MEAN-REVERTING

• Projected Corridor: 23300.0 — 23400.0 (100 pts)

• Primary Magnet Target: 23300.0 (Max Pain)

• Dealer Hedging Flow: N/A per 50pt Nifty advance

• Squeeze Acceleration Trigger: > 23425 (Upside) / < 23275 (Downside)

🔍 REAL-TIME STRIKE DYNAMICS & MEANING

Call Wall (23400.0): Dealers short calls (sell rallies) · Squeeze trigger > 23425

ATM (23350): Max gamma concentration · Magnet attraction toward Max Pain (23300.0)

Put Wall (23300.0): Dealers long puts (buy dips) · Waterfall breakdown < 23275

Flip Line (23329): Inflection threshold: Spot BELOW flip (23329) · Stabilizing

PREDICTIVE OUTLOOK: Dealer hedging dampens volatility within 23300.0 – 23400.0 pinning corridor. Upside breakout > 23425 triggers dealer short squeeze → CW ② (23500). Downside breakdown < 23275 flips dealer gamma, triggering cascade risk → PW ② (23200).

⚡ OPTION BUYER RADAR GEX VACUUM REBALANCE

Monitoring Wall ② vs Wall ① distance and dealer delta-hedging vacuum runway...

COILING AT WALL ② CALL BUY

CURRENT SPOT

--

Live NIFTY Index

IGNITION TRIGGER (WALL ②)

--

Breakout Toll Gate

REBALANCE TARGET (FUEL APEX)

--

Where Dealer Buying Peaks

FORTRESS PIN (WALL ①)

--

Hard Terminal Barrier

Wall ②: -- → Runway: -- pts Rebalance Progress: 0% Target: --

Trigger Level Dealer Futures Fuel: -- Lots Zero-Gamma Apex

OPTION ① · PRIMARY ATM

-- CE

LTP (Current)

₹--

BUY ZONE

₹--

TARGET ①

₹--

+--%

RUNNER T2

₹--

+--%

STOP LOSS

₹--

---%

Steady Delta ~0.50 Low Decay Risk

OPTION ② · 0DTE GAMMA ROCKET 🔥

-- CE

LTP (Cheap Entry)

₹--

BUY ZONE

₹--

EXPLOSION T1

₹--

+--%

JACKPOT T2

₹--

+--%

STOP LOSS

₹--

---%

Convexity Hero · 3x-6x Potential Runway Inside Vacuum

⚡ ACTION INSTRUCTION: Monitoring option chain for Wall ② proximity...

Updated: --:--:--

OI DYNAMICS & ORDER FLOW RADAR

LIVE STREAMING

RANGE:

DAY TOTALS: Total Calls: -- Total Puts: -- Day PCR: --

WHOLE-DAY MACRO: BALANCED

1m RATE --

--

3m RATE --

--

5m RATE --

--

15m RATE --

--

🏛️ MAJOR STRUCTURAL LEVELS

CALL WALL (Ceiling)
--
--
PUT WALL (Floor)
--
--

Monitoring major structural wall defenses...

⚡ WHERE MAJOR CHANGE HAPPENED NET: --

CALL FLOW
Writing: --
Covering: --
PUT FLOW
Writing: --
Dumping: --

Accumulating consecutive ticks to identify volume surge strikes...

Analyzing major positioning shifts...

REWIND MEMORY: LIVE

PRESETS:

                                    🔴 CALL WRITING (RESISTANCE)
                                    🔵 CALL SHORT COVERING
                                    🟢 PUT WRITING (SUPPORT)
                                    🟠 PUT CAPITULATION
                                

                                    ░░ DOTTED GHOST BARS: CURRENT LIVE FLOW (WHEN REWOUND)
                                

⚡ GREEKS ANALYTICS & CAUSE-EFFECT ENGINE SPOT: 23,328

Unit:

Model:

⚡ DYNAMIC GREEK CAUSE & EFFECT ENGINE ΔP = Δ·ΔS + ½Γ·(ΔS)² + Θ·Δt + V·Δσ

Simulate market shocks (spot shift, time elapsed from minutes to days, and IV changes) to observe how other Greeks shift relative to live real Greeks.

UNDERLYING SPOT SHIFT (ΔS) 0 pts

TIME ELAPSED (Δt) — MINUTES TO DAYS +0.0 d (0m)

IMPLIED VOL SHOCK (Δσ) 0.0%

GREEK METRIC	CALL (CE) REAL	CALL (CE) FORECAST	CE SHIFT (Δ / %)	STRADDLE REAL	STRADDLE FORECAST	STRADDLE SHIFT	PUT (PE) REAL	PUT (PE) FORECAST	PE SHIFT (Δ / %)
Premium / LTP	₹90.6	₹90.6	+₹0.0 (0%)	₹190.1	₹190.1	+₹0.0 (0%)	₹99.5	₹99.5	+₹0.0 (0%)
Delta (Δ)	+0.50	+0.50	+0.00	0.00	0.00	+0.00	-0.50	-0.50	+0.00
Gamma (Γ)	0.00150	0.00150	+0.00000	0.00300	0.00300	+0.00000	0.00150	0.00150	+0.00000
Theta (Θ / day)	-₹832	-₹832	₹0	-₹1,501	-₹1,501	₹0	-₹669	-₹669	₹0
Vega (V / 1% IV)	₹600	₹600	₹0	₹1,200	₹1,200	₹0	₹600	₹600	₹0

Δ DELTA EFFECT

₹0

0% of move

½Γ GAMMA ACCEL

₹0

0% of move

Θ THETA DECAY

-₹0

0% of move

V VEGA SHOCK

₹0

0% of move

🧠

AUTOMATED ROOT CAUSE DIAGNOSIS

Select market shocks above to diagnose price drivers and Greek shifts in real time.

TOTAL PROJECTED ΔP

₹0.0 (0.0 pts)

SYNCHRONIZED MULTI-GREEK DESK VISUALIZER (FOUR QUADRANTS)

Quadrant 1: Delta (Δ) · Quadrant 2: Gamma (Γ) · Quadrant 3: Theta (Θ) · Quadrant 4: Vega (V). Dotted curves show real-time dynamic forecast overlay.

● CALL ● PUT ● STRADDLE ┄ FORECAST (OVERLAY) ┊ SPOT: 23,328

🎯

DEDICATED STRIKE DESK

TARGET STRIKE: 23,350

Select Strike:

CALL (CE) LTP: ₹90.6

Decay / Day

-₹832

Decay / Hour

-₹133

Delta: +0.50 Gamma: 0.00167 Vega: ₹600

STRADDLE (CE+PE) LTP: ₹190.1

Combined / Day

-₹1,501

BE Move Cushion

±117 pts

Net Δ: 0.00 Tot Γ: 0.00335 Tot Vega: ₹1,200 Yield: 12.1%/d

PUT (PE) LTP: ₹99.5

Decay / Day

-₹669

Decay / Hour

-₹107

Delta: -0.50 Gamma: 0.00167 Vega: ₹600

PER-STRIKE GREEKS & VOLATILITY MATRIX

Straddle LTP · CE/PE Premium & IV · Delta (Δ) · Gamma (Γ) · Theta (₹/d) · Vega · Daily Cushion

Strike	Dist	Straddle LTP	CE LTP (IV)	CE Δ	CE Γ	CE θ/d	CE Vega	PE LTP (IV)	PE Δ	PE Γ	PE θ/d	PE Vega	Net Straddle θ/d	Daily Cushion
21,500	-1828	₹2783.5	₹2782.4 (180.8%)	+0.70	0.00005	₹-12,427	₹558	₹1.1 (30.1%)	-0.00	0.00005	₹-72	₹22	₹-12,499	±999 pts
21,550	-1778	₹2734.3	₹2733.2 (178.7%)	+0.70	0.00005	₹-12,339	₹560	₹1.2 (29.6%)	-0.01	0.00005	₹-78	₹24	₹-12,417	±999 pts
21,600	-1728	₹2685.1	₹2683.9 (176.7%)	+0.69	0.00005	₹-12,251	₹563	₹1.2 (28.8%)	-0.01	0.00005	₹-78	₹25	₹-12,329	±999 pts
21,650	-1678	₹2636.1	₹2634.8 (174.6%)	+0.69	0.00005	₹-12,162	₹565	₹1.2 (28.2%)	-0.01	0.00005	₹-81	₹26	₹-12,243	±999 pts
21,700	-1628	₹1545.0	₹1543.8 (16.2%)	+1.00	0.00001	₹-148	₹0	₹1.2 (27.3%)	-0.01	0.00001	₹-78	₹26	₹-226	±539 pts
21,750	-1578	₹2538.2	₹2536.8 (170.5%)	+0.68	0.00006	₹-11,980	₹570	₹1.4 (26.9%)	-0.01	0.00006	₹-88	₹29	₹-12,068	±999 pts
21,800	-1528	₹1501.3	₹1500.0 (16.1%)	+1.00	0.00001	₹-149	₹0	₹1.4 (26.1%)	-0.01	0.00001	₹-88	₹29	₹-236	±503 pts
21,850	-1478	₹2440.6	₹2439.2 (166.4%)	+0.68	0.00006	₹-11,796	₹575	₹1.4 (25.4%)	-0.01	0.00006	₹-91	₹31	₹-11,887	±999 pts
21,900	-1428	₹2391.9	₹2390.4 (164.4%)	+0.67	0.00006	₹-11,703	₹578	₹1.5 (24.8%)	-0.01	0.00006	₹-98	₹33	₹-11,800	±999 pts
21,950	-1378	₹2343.4	₹2341.9 (162.3%)	+0.67	0.00006	₹-11,609	₹580	₹1.5 (24.1%)	-0.01	0.00006	₹-98	₹34	₹-11,707	±999 pts
22,000	-1328	₹1353.9	₹1352.2 (31.7%)	+0.96	0.00007	₹-656	₹132	₹1.6 (23.5%)	-0.01	0.00007	₹-106	₹37	₹-762	±402 pts
22,050	-1278	₹1164.8	₹1163.0 (15.9%)	+1.00	0.00002	₹-155	₹2	₹1.8 (22.9%)	-0.01	0.00002	₹-111	₹40	₹-265	±414 pts
22,100	-1228	₹1205.0	₹1203.2 (15.9%)	+1.00	0.00003	₹-157	₹3	₹1.9 (22.3%)	-0.01	0.00003	₹-115	₹43	₹-272	±395 pts
22,150	-1178	₹1150.0	₹1148.0 (15.8%)	+1.00	0.00003	₹-161	₹5	₹1.9 (21.6%)	-0.01	0.00003	₹-119	₹46	₹-280	±375 pts
22,200	-1128	₹1058.5	₹1056.5 (15.8%)	+1.00	0.00004	₹-166	₹7	₹2.0 (20.9%)	-0.01	0.00004	₹-123	₹49	₹-289	±355 pts
22,250	-1078	₹938.4	₹936.1 (15.8%)	+1.00	0.00004	₹-172	₹10	₹2.2 (20.4%)	-0.01	0.00004	₹-131	₹54	₹-304	±335 pts
22,300	-1028	₹1049.8	₹1047.3 (23.2%)	+0.97	0.00010	₹-465	₹112	₹2.4 (19.7%)	-0.01	0.00010	₹-137	₹58	₹-603	±307 pts
22,350	-978	₹995.6	₹993.0 (18.9%)	+0.98	0.00008	₹-292	₹61	₹2.6 (19.1%)	-0.02	0.00008	₹-147	₹64	₹-439	±286 pts
22,400	-928	₹949.5	₹946.6 (20.8%)	+0.97	0.00011	₹-433	₹111	₹2.9 (18.5%)	-0.02	0.00011	₹-154	₹69	₹-587	±280 pts
22,450	-878	₹857.5	₹854.5 (15.6%)	+0.99	0.00009	₹-229	₹40	₹3.0 (17.8%)	-0.02	0.00009	₹-159	₹74	₹-387	±265 pts
22,500	-828	₹841.2	₹838.0 (15.6%)	+0.99	0.00010	₹-255	₹54	₹3.3 (17.1%)	-0.02	0.00010	₹-169	₹82	₹-423	±250 pts
22,550	-778	₹792.2	₹788.7 (15.5%)	+0.98	0.00013	₹-287	₹71	₹3.5 (16.4%)	-0.02	0.00013	₹-174	₹89	₹-461	±237 pts
22,600	-728	₹751.5	₹747.5 (17.4%)	+0.96	0.00018	₹-441	₹137	₹4.0 (15.8%)	-0.03	0.00018	₹-191	₹101	₹-631	±233 pts
22,650	-678	₹696.7	₹692.2 (12.9%)	+0.99	0.00015	₹-243	₹56	₹4.5 (15.2%)	-0.03	0.00015	₹-203	₹112	₹-446	±215 pts
22,700	-628	₹645.8	₹640.9 (9.1%)	+1.00	0.00012	₹-167	₹10	₹4.9 (14.5%)	-0.04	0.00012	₹-215	₹124	₹-382	±220 pts
22,750	-578	₹605.5	₹600.0 (15.4%)	+0.94	0.00028	₹-496	₹185	₹5.5 (13.9%)	-0.04	0.00028	₹-230	₹139	₹-726	±200 pts
22,800	-528	₹551.4	₹545.0 (12.3%)	+0.96	0.00028	₹-341	₹126	₹6.4 (13.3%)	-0.05	0.00028	₹-252	₹160	₹-593	±180 pts
22,850	-478	₹504.6	₹496.8 (12.1%)	+0.95	0.00035	₹-390	₹162	₹7.8 (12.8%)	-0.06	0.00035	₹-284	₹188	₹-674	±171 pts
22,900	-428	₹458.1	₹448.5 (11.7%)	+0.94	0.00044	₹-430	₹197	₹9.6 (12.3%)	-0.07	0.00044	₹-320	₹220	₹-750	±162 pts
22,950	-378	₹415.1	₹403.1 (11.9%)	+0.91	0.00055	₹-527	₹263	₹11.9 (11.9%)	-0.09	0.00055	₹-362	₹260	₹-890	±157 pts
23,000	-328	₹371.1	₹355.6 (11.3%)	+0.89	0.00068	₹-562	₹304	₹15.5 (11.5%)	-0.11	0.00068	₹-417	₹310	₹-979	±149 pts
23,050	-278	₹330.6	₹310.9 (11.1%)	+0.86	0.00083	₹-631	₹364	₹19.7 (11.1%)	-0.14	0.00083	₹-468	₹363	₹-1,099	±143 pts
23,100	-228	₹292.7	₹266.6 (10.7%)	+0.82	0.00100	₹-685	₹423	₹26.1 (10.8%)	-0.18	0.00100	₹-530	₹425	₹-1,215	±137 pts
23,150	-178	₹259.8	₹225.5 (10.5%)	+0.77	0.00118	₹-752	₹489	₹34.3 (10.5%)	-0.23	0.00118	₹-589	₹489	₹-1,340	±132 pts
23,200	-128	₹231.4	₹186.3 (10.2%)	+0.71	0.00136	₹-801	₹549	₹45.1 (10.2%)	-0.29	0.00136	₹-638	₹549	₹-1,439	±128 pts
23,250	-78	₹209.7	₹150.4 (10.0%)	+0.64	0.00151	₹-836	₹599	₹59.2 (10.0%)	-0.36	0.00151	₹-673	₹599	₹-1,509	±124 pts
23,300	-28	₹195.8	₹118.4 (9.8%)	+0.56	0.00163	₹-848	₹632	₹77.3 (9.8%)	-0.44	0.00163	₹-686	₹632	₹-1,535	±120 pts
23,350 (ATM)	+22	₹190.1	₹90.6 (9.6%)	+0.48	0.00167	₹-832	₹639	₹99.5 (9.6%)	-0.52	0.00167	₹-669	₹639	₹-1,501	±117 pts
23,400	+72	₹193.8	₹67.2 (9.5%)	+0.40	0.00164	₹-784	₹619	₹126.5 (9.5%)	-0.60	0.00164	₹-624	₹619	₹-1,408	±115 pts
23,450	+122	₹205.2	₹47.7 (9.3%)	+0.32	0.00154	₹-701	₹570	₹157.6 (9.4%)	-0.68	0.00154	₹-548	₹572	₹-1,250	±112 pts
23,500	+172	₹226.6	₹33.5 (9.3%)	+0.24	0.00136	₹-610	₹502	₹193.0 (9.4%)	-0.76	0.00136	₹-454	₹504	₹-1,064	±110 pts
23,550	+222	₹254.3	₹22.7 (9.3%)	+0.18	0.00114	₹-505	₹420	₹231.6 (9.3%)	-0.82	0.00114	₹-342	₹421	₹-847	±107 pts
23,600	+272	₹289.1	₹15.2 (9.3%)	+0.13	0.00092	₹-405	₹338	₹274.0 (9.3%)	-0.87	0.00092	₹-111	₹339	₹-515	±93 pts
23,650	+322	₹328.9	₹10.2 (9.4%)	+0.09	0.00071	₹-318	₹264	₹318.8 (9.4%)	-0.91	0.00071	₹-150	₹263	₹-469	±101 pts
23,700	+372	₹372.1	₹7.0 (9.6%)	+0.07	0.00053	₹-250	₹204	₹365.1 (9.4%)	-0.94	0.00053	₹-71	₹197	₹-322	±96 pts
23,750	+422	₹418.2	₹4.8 (9.8%)	+0.05	0.00040	₹-197	₹157	₹413.4 (9.8%)	-0.95	0.00040	₹-26	₹154	₹-223	±92 pts
23,800	+472	₹469.6	₹3.6 (10.2%)	+0.04	0.00035	₹-162	₹125	₹466.0 (11.7%)	-0.94	0.00035	₹-110	₹186	₹-273	±109 pts
23,850	+522	₹515.8	₹3.0 (10.8%)	+0.03	0.00027	₹-144	₹106	₹512.8 (11.4%)	-0.96	0.00027	₹-18	₹128	₹-162	±97 pts
23,900	+572	₹565.4	₹2.6 (11.3%)	+0.02	0.00023	₹-130	₹91	₹562.8 (12.3%)	-0.97	0.00023	₹-22	₹122	₹-152	±102 pts
23,950	+622	₹607.2	₹2.2 (11.9%)	+0.02	0.00022	₹-118	₹79	₹605.0 (14.6%)	-0.95	0.00022	₹-126	₹160	₹-244	±130 pts
24,000	+672	₹663.1	₹2.0 (12.5%)	+0.02	0.00015	₹-111	₹71	₹661.1 (13.0%)	-0.98	0.00015	₹-35	₹82	₹-146	±122 pts
24,050	+722	₹699.8	₹1.9 (13.1%)	+0.02	0.00014	₹-104	₹63	₹698.0 (14.6%)	-0.97	0.00014	₹-8	₹97	₹-112	±109 pts
24,100	+772	₹750.1	₹1.6 (13.6%)	+0.01	0.00011	₹-93	₹55	₹748.5 (14.5%)	-0.98	0.00011	₹-36	₹73	₹-129	±132 pts
24,150	+822	₹811.5	₹1.4 (14.2%)	+0.01	0.00009	₹-87	₹49	₹810.0 (14.4%)	-0.99	0.00009	₹-77	₹52	₹-164	±168 pts
24,200	+872	₹851.9	₹1.4 (14.8%)	+0.01	0.00007	₹-83	₹45	₹850.5 (14.5%)	-0.99	0.00007	₹-99	₹40	₹-182	±196 pts
24,250	+922	₹899.2	₹1.2 (15.4%)	+0.01	0.00006	₹-79	₹41	₹898.0 (14.5%)	-0.99	0.00006	₹-120	₹28	₹-199	±229 pts
24,300	+972	₹959.7	₹1.2 (16.0%)	+0.01	0.00004	₹-77	₹39	₹958.5 (12.9%)	-1.00	0.00004	₹-158	₹8	₹-235	±307 pts
24,350	+1022	₹1027.1	₹1.1 (16.6%)	+0.01	0.00012	₹-72	₹35	₹1026.0 (26.0%)	-0.94	0.00012	₹-241	₹199	₹-312	±197 pts
24,400	+1072	₹1060.0	₹1.0 (17.1%)	+0.01	0.00004	₹-65	₹32	₹1059.0 (16.4%)	-0.99	0.00004	₹-122	₹25	₹-187	±260 pts
24,450	+1122	₹1147.5	₹1.0 (17.8%)	+0.01	0.00013	₹-65	₹31	₹1146.5 (33.6%)	-0.90	0.00013	₹-988	₹278	₹-1,053	±358 pts
24,500	+1172	₹1161.0	₹1.0 (18.5%)	+0.01	0.00005	₹-65	₹30	₹1160.0 (19.8%)	-0.99	0.00005	₹-64	₹44	₹-129	±201 pts
24,550	+1222	₹1218.0	₹0.9 (19.0%)	+0.01	0.00008	₹-62	₹28	₹1217.0 (26.1%)	-0.97	0.00008	₹-223	₹122	₹-285	±237 pts
24,600	+1272	₹1273.2	₹0.8 (19.5%)	+0.01	0.00008	₹-55	₹25	₹1272.4 (29.5%)	-0.95	0.00008	₹-7	₹158	₹-62	±106 pts
24,650	+1322	₹1305.8	₹0.8 (20.0%)	+0.01	0.00002	₹-52	₹23	₹1305.0 (14.2%)	-1.00	0.00002	₹-173	₹1	₹-225	±471 pts
24,700	+1372	₹1360.8	₹0.8 (20.7%)	+0.00	0.00004	₹-52	₹23	₹1360.0 (22.8%)	-0.99	0.00004	₹-56	₹42	₹-108	±212 pts
24,750	+1422	₹753.4	₹0.8 (21.2%)	+0.00	0.00001	₹-49	₹21	₹752.6 (14.2%)	-1.00	0.00001	₹-175	₹0	₹-223	±516 pts
24,800	+1472	₹1455.7	₹0.7 (21.5%)	+0.00	0.00001	₹-42	₹19	₹1455.0 (14.2%)	-1.00	0.00001	₹-175	₹0	₹-218	±549 pts
24,850	+1522	₹819.5	₹0.6 (22.0%)	+0.00	0.00001	₹-39	₹17	₹818.9 (14.2%)	-1.00	0.00001	₹-176	₹0	₹-215	±576 pts
24,900	+1572	₹1590.7	₹0.7 (22.8%)	+0.00	0.00008	₹-42	₹18	₹1590.0 (41.2%)	-0.93	0.00008	₹-939	₹219	₹-981	±443 pts
24,950	+1622	₹888.6	₹0.7 (23.4%)	+0.00	0.00001	₹-42	₹17	₹888.0 (14.1%)	-1.00	0.00001	₹-177	₹0	₹-219	±598 pts
25,000	+1672	₹1651.9	₹0.7 (24.0%)	+0.00	0.00001	₹-42	₹17	₹1651.2 (14.1%)	-1.00	0.00001	₹-177	₹0	₹-220	±614 pts
25,050	+1722	₹1650.6	₹0.6 (24.5%)	+0.00	0.00001	₹-39	₹16	₹1650.0 (14.1%)	-1.00	0.00001	₹-178	₹0	₹-217	±641 pts
25,100	+1772	₹1795.6	₹0.6 (25.1%)	+0.00	0.00007	₹-39	₹15	₹1795.0 (46.6%)	-0.93	0.00007	₹-1,105	₹223	₹-1,144	±508 pts
25,150	+1822	₹1900.6	₹0.6 (25.7%)	+0.00	0.00008	₹-39	₹15	₹1900.0 (60.3%)	-0.87	0.00008	₹-2,306	₹334	₹-2,345	±683 pts

STRIKE GEX LADDER & GEX DISTRIBUTION

Signed Dealer Gamma (₹ Cr)

Loading strike GEX ladder...

GEX & DEALER POSITIONING

Dealer Gamma & Delta Exposure in ₹ Crores (Notional)

DEALER GAMMA REGIME

STABILIZING FLOW

+3002.6 Cr

Net GEX per 100-pt move

Dealers counter-trade price swings (sell into rallies, buy dips). Volatility is dampened; mean-reversion & pinning expected within corridor.

DEALER DELTA (DEX)

LONG DELTA

₹+205744.2 Cr

Notional Exposure

Dealers long ₹205744.2 Cr notional. Downward break triggers forced long liquidation.

50-PT HEDGE FLOW

REBALANCING

SELL ₹1501.3 Cr

Required on a +50 pt Nifty advance

Dealers forced flow dampens upside momentum.

EXPIRY PIN ANCHOR

MAX PAIN

23300

28 pts away (Above Spot)

Option sellers' maximum profitability strike; acts as magnetic gravity near expiry.

TACTICAL EXPIRY CORRIDOR & VOLATILITY TRIGGERS

Upper Barrier: 23425 Lower Barrier: 23275

Safe Pinning Corridor: 23300 — 23400 (100 pts). A sustained push above 23425 triggers a violent Call Gamma Squeeze as dealers cover short strikes. A decisive break below 23275 sparks rapid put unwinding and cascade selling.

PER-STRIKE INVENTORY & DEALER EXPOSURE

Open Interest · Signed Dealer Gamma (₹ Cr) & Delta Exposure

Strike	Dist (pts)	Call OI	Put OI	Dealer Gamma (₹ Cr)	Dealer Delta (₹ Cr)	Dealer Role / Wall
25850	+2522	41,015	0	+0.0 Cr	+0.0 Cr	TRANSITION
25800	+2472	879,060	585	-0.0 Cr	+1.3 Cr	TRANSITION
25750	+2422	42,640	0	+0.0 Cr	+0.0 Cr	TRANSITION
25700	+2372	180,180	0	+0.0 Cr	+0.0 Cr	TRANSITION
25650	+2322	24,440	520	-0.0 Cr	+1.1 Cr	TRANSITION
25600	+2272	89,050	260	-0.0 Cr	+0.6 Cr	TRANSITION
25550	+2222	37,440	65	+0.0 Cr	+0.2 Cr	TRANSITION
25500	+2172	1,053,520	60,190	+0.0 Cr	+140.4 Cr	TRANSITION
25450	+2122	28,925	520	-0.0 Cr	+1.1 Cr	TRANSITION
25400	+2072	226,655	2,015	-0.1 Cr	+4.1 Cr	TRANSITION
25350	+2022	20,085	0	+0.1 Cr	+0.1 Cr	TRANSITION
25300	+1972	286,780	585	+0.8 Cr	+3.0 Cr	TRANSITION
25250	+1922	231,400	520	+0.7 Cr	+2.6 Cr	TRANSITION
25200	+1872	657,800	4,095	+2.1 Cr	+13.9 Cr	PIN ABSORPTION
25150	+1822	240,240	325	+0.8 Cr	+2.4 Cr	TRANSITION
25100	+1772	1,090,765	1,105	+4.0 Cr	+10.6 Cr	PIN ABSORPTION
25050	+1722	272,220	65	+1.0 Cr	+2.2 Cr	TRANSITION
25000	+1672	4,998,890	66,950	+21.2 Cr	+198.1 Cr	PIN ABSORPTION
24950	+1622	240,825	0	+1.1 Cr	+2.1 Cr	TRANSITION
24900	+1572	1,499,550	14,040	+6.6 Cr	+43.6 Cr	PIN ABSORPTION
24850	+1522	661,440	0	+3.1 Cr	+5.6 Cr	PIN ABSORPTION
24800	+1472	4,063,540	23,465	+21.1 Cr	+92.5 Cr	PIN ABSORPTION
24750	+1422	294,775	0	+1.8 Cr	+3.2 Cr	TRANSITION
24700	+1372	2,444,975	6,175	+16.1 Cr	+42.7 Cr	PIN ABSORPTION
24650	+1322	418,015	5,265	+2.9 Cr	+17.3 Cr	PIN ABSORPTION
24600	+1272	2,449,915	46,865	+17.4 Cr	+135.9 Cr	PIN ABSORPTION
24550	+1222	1,102,400	25,350	+9.0 Cr	+73.3 Cr	PIN ABSORPTION
24500	+1172	11,825,060	284,830	+110.7 Cr	+844.3 Cr	PIN ABSORPTION
24450	+1122	723,645	12,350	+6.9 Cr	+37.8 Cr	PIN ABSORPTION
24400	+1072	3,063,450	113,945	+33.1 Cr	+316.3 Cr	PIN ABSORPTION
24350	+1022	1,304,095	12,675	+16.0 Cr	+52.5 Cr	PIN ABSORPTION
24300	+972	4,430,400	94,445	+63.5 Cr	+313.8 Cr	PIN ABSORPTION
24250	+922	1,757,015	24,115	+27.9 Cr	+95.9 Cr	PIN ABSORPTION
24200	+872	6,588,270	170,170	+117.3 Cr	+559.9 Cr	PIN ABSORPTION
24150	+822	2,684,240	24,765	+55.2 Cr	+132.2 Cr	PIN ABSORPTION
24100	+772	6,008,210	138,450	+140.7 Cr	+507.5 Cr	PIN ABSORPTION
24050	+722	3,138,915	24,440	+89.5 Cr	+172.8 Cr	PIN ABSORPTION
24000	+672	11,596,065	908,960	+357.8 Cr	+2569.5 Cr	PIN ABSORPTION
23950	+622	1,948,505	75,140	+72.6 Cr	+261.4 Cr	PIN ABSORPTION
23900	+572	7,335,835	444,080	+327.2 Cr	+1422.3 Cr	PIN ABSORPTION
23850	+522	3,760,510	70,265	+217.9 Cr	+418.7 Cr	PIN ABSORPTION
23800	+472	10,552,490	472,290	+734.0 Cr	+1933.6 Cr	PIN ABSORPTION
23750	+422	5,118,945	101,920	+482.8 Cr	+802.5 Cr	PIN ABSORPTION
23700	+372	9,957,675	620,945	+1196.7 Cr	+2914.6 Cr	PIN ABSORPTION
23650	+322	4,911,270	239,850	+787.4 Cr	+1583.7 Cr	PIN ABSORPTION
23600	+272	10,343,190	909,220	+2051.1 Cr	+5024.7 Cr	PIN ABSORPTION
23550	+222	6,300,710	562,770	+1551.9 Cr	+3761.9 Cr	PIN ABSORPTION
23500	+172	14,500,135	3,203,135	+3626.7 Cr	+13966.1 Cr	PIN ABSORPTION
23450	+122	9,654,255	1,714,375	+2884.1 Cr	+9924.7 Cr	PIN ABSORPTION
23400 ◄ ATM	+72	16,877,250	7,214,155	+3728.5 Cr	+25907.5 Cr	CALL WALL (Ceiling)
23350 ◄ ATM	+22	14,381,055	9,124,050	+2054.3 Cr	+27258.2 Cr	ATM ZONE
23300 ◄ ATM	-28	16,376,555	23,734,295	-2783.8 Cr	+45593.1 Cr	PUT WALL (Floor)
23250	-78	4,287,335	10,420,410	-2160.6 Cr	+15059.0 Cr	SQUEEZE ACCEL
23200	-128	4,545,970	16,061,370	-3624.1 Cr	+18268.3 Cr	SQUEEZE ACCEL
23150	-178	894,400	5,826,665	-1342.8 Cr	+4703.5 Cr	SQUEEZE ACCEL
23100	-228	1,092,910	8,508,370	-1704.8 Cr	+5661.8 Cr	SQUEEZE ACCEL
23050	-278	242,710	4,931,485	-893.8 Cr	+2104.0 Cr	SQUEEZE ACCEL
23000	-328	937,495	12,930,385	-1878.6 Cr	+5328.6 Cr	SQUEEZE ACCEL
22950	-378	77,025	3,103,230	-385.2 Cr	+800.7 Cr	SQUEEZE ACCEL
22900	-428	156,390	4,804,865	-483.3 Cr	+1133.8 Cr	SQUEEZE ACCEL
22850	-478	56,095	2,744,430	-228.9 Cr	+492.4 Cr	SQUEEZE ACCEL
22800	-528	113,035	7,470,905	-514.3 Cr	+1072.3 Cr	SQUEEZE ACCEL
22750	-578	36,400	3,073,200	-176.5 Cr	+364.3 Cr	SQUEEZE ACCEL
22700	-628	54,015	6,745,310	-334.1 Cr	+667.3 Cr	SQUEEZE ACCEL
22650	-678	17,030	3,018,665	-128.5 Cr	+253.1 Cr	SQUEEZE ACCEL
22600	-728	41,405	5,678,595	-207.0 Cr	+446.1 Cr	SQUEEZE ACCEL
22550	-778	2,665	2,306,655	-72.3 Cr	+129.8 Cr	SQUEEZE ACCEL
22500	-828	82,550	10,368,865	-286.9 Cr	+698.0 Cr	SQUEEZE ACCEL
22450	-878	455	2,278,965	-55.4 Cr	+100.4 Cr	SQUEEZE ACCEL
22400	-928	3,055	4,405,310	-96.0 Cr	+183.9 Cr	SQUEEZE ACCEL
22350	-978	715	1,782,560	-34.6 Cr	+66.7 Cr	SQUEEZE ACCEL
22300	-1028	8,710	6,180,720	-105.2 Cr	+220.7 Cr	SQUEEZE ACCEL
22250	-1078	520	1,013,935	-15.5 Cr	+31.4 Cr	SQUEEZE ACCEL
22200	-1128	2,665	5,153,980	-69.8 Cr	+144.0 Cr	SQUEEZE ACCEL
22150	-1178	260	1,064,830	-13.1 Cr	+27.0 Cr	SQUEEZE ACCEL
22100	-1228	1,170	2,315,690	-25.9 Cr	+56.1 Cr	SQUEEZE ACCEL
22050	-1278	325	676,845	-6.9 Cr	+15.2 Cr	SQUEEZE ACCEL
22000	-1328	22,035	10,362,690	-95.3 Cr	+254.1 Cr	SQUEEZE ACCEL
21950	-1378	0	513,175	-4.2 Cr	+9.1 Cr	SQUEEZE ACCEL
21900	-1428	0	2,058,550	-16.0 Cr	+35.5 Cr	SQUEEZE ACCEL
21850	-1478	0	497,185	-3.5 Cr	+7.9 Cr	SQUEEZE ACCEL
21800	-1528	65	2,649,790	-17.3 Cr	+39.8 Cr	SQUEEZE ACCEL
21750	-1578	0	425,295	-2.6 Cr	+6.2 Cr	SQUEEZE ACCEL
21700	-1628	1,560	3,081,195	-16.9 Cr	+43.4 Cr	SQUEEZE ACCEL
21650	-1678	0	1,089,140	-5.8 Cr	+14.2 Cr	SQUEEZE ACCEL
21600	-1728	0	482,430	-2.4 Cr	+5.9 Cr	SQUEEZE ACCEL
21550	-1778	0	339,235	-1.6 Cr	+4.1 Cr	TRANSITION
21500	-1828	0	3,618,290	-15.5 Cr	+39.5 Cr	SQUEEZE ACCEL
21450	-1878	0	358,215	-1.4 Cr	+3.7 Cr	TRANSITION
21400	-1928	0	3,034,720	-10.8 Cr	+28.0 Cr	SQUEEZE ACCEL
21350	-1978	0	5,607,810	-19.2 Cr	+50.7 Cr	SQUEEZE ACCEL
21300	-2028	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21250	-2078	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21200	-2128	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21150	-2178	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21100	-2228	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21050	-2278	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
21000	-2328	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
20950	-2378	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
20900	-2428	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
20850	-2478	0	0	+0.0 Cr	+0.0 Cr	TRANSITION
-1	-23329	0	0	+0.0 Cr	+0.0 Cr	TRANSITION