Home / F&O Stocks / BHEL
Stock Option Chain

BHEL
Option Chain

Bharat Heavy Electricals Ltd. — the full end-of-day, strike-by-strike option chain with OI, change in OI, IV and LTP, plus max pain, PCR and the OI walls. Live intraday data is in the app.

BHEL End-of-Day Snapshot

as of 18 Sep 2026, 15:58 · expiry 2026-09-29

Spot
440
+4.53% today
Max Pain
425
PCR
0.76
Call Wall
430
Put Wall
430
ATM IV
36.3%

BHEL Option Chain — 2026-09-29

Calls Strike Puts
OIChg OIVolumeIVLTP Strike LTPIVVolumeChg OIOI
149,625 0 0 85.40 340 0.05 71.0% 2,625 -2,625 118,125
112,875 0 0 63.00 350 0.10 69.0% 18,375 +2,625 133,875
39,375 0 0 54.50 360 0.10 61.4% 76,125 +15,750 241,500
26,250 0 0 64.35 370 0.20 59.2% 97,125 +7,875 561,750
84,000 0 0 36.25 375 0.20 55.3% 128,625 -23,625 241,500
252,000 -5,250 7,875 53.25 380 0.35 56.1% 191,625 -39,375 1,260,000
76,125 0 0 36.30 385 0.30 50.5% 275,625 +126,000 714,000
136,500 -2,625 2,625 43.50 390 0.45 49.9% 572,250 -60,375 1,068,375
112,875 0 0 20.95 395 0.55 47.4% 301,875 -13,125 312,375
777,000 +57,750 139,125 36.20 400 0.80 46.5% 2,254,875 +131,250 2,695,875
157,500 -2,625 13,125 30.25 405 1.05 44.6% 1,330,875 -173,250 703,500
1,974,000 -28,875 133,875 26.60 410 1.40 42.9% 4,893,000 -202,125 2,520,000
740,250 -39,375 202,125 22.80 415 2.05 42.5% 2,349,375 +76,125 1,349,250
3,097,500 -136,500 1,281,000 18.65 420 2.95 42.2% 5,082,000 +139,125 3,058,125
1,388,625 -212,625 1,325,625 14.90 425 4.30 42.8% 3,963,750 +325,500 2,401,875
3,541,125 -658,875 8,347,500 20.6% 11.85 430 5.90 42.9% 6,953,625 +569,625 3,541,125
2,921,625 +76,125 7,525,875 24.7% 9.10 435 8.20 44.4% 3,677,625 +651,000 1,871,625
3,454,500 +378,000 6,300,000 27.0% 6.80 440 10.85 45.6% 1,438,500 -10,500 1,367,625
1,837,500 +181,125 2,338,875 28.7% 5.00 445 14.05 47.7% 175,875 +47,250 196,875
3,496,500 -280,875 5,927,250 30.1% 3.60 450 18.00 51.6% 128,625 +5,250 223,125
456,750 -63,000 2,344,125 31.8% 2.65 455 21.85 54.1% 7,875 0 21,000
2,223,375 +133,875 3,866,625 33.1% 1.90 460 26.80 60.8% 10,500 0 39,375
414,750 +65,625 472,500 34.6% 1.40 465 32.15 68.9% 5,250 +5,250 13,125
1,309,875 +139,125 934,500 36.2% 1.05 470 34.85 63.6% 5,250 0 110,250
249,375 +15,750 110,250 37.8% 0.80 475 51.00 121.8% 0 0 18,375
2,212,875 +39,375 716,625 39.1% 0.60 480 52.90 114.3% 0 0 21,000
55,125 -2,625 13,125 39.5% 0.40 485 83.45 230.4% 0 0 0
472,500 -13,125 60,375 41.9% 0.35 490 84.40 220.1% 0 0 0
52,500 +5,250 13,125 45.1% 0.35 495 91.80 236.5% 0 0 0
1,065,750 -57,750 139,125 45.7% 0.25 500 67.25 108.4% 15,750 0 152,250
ATM (at-the-money) Max pain Call wall Put wall Shaded = in-the-money

End-of-day snapshot, refreshed once daily. Live intraday OI, IV and LTP across every strike — with AI commentary — are in the app.

As of the latest close, Bharat Heavy Electricals Ltd. (BHEL) options for the 2026-09-29 expiry show a max pain of 425 against a spot of 440, with a put-call ratio of 0.76. The heaviest call open interest sits at 430 (likely resistance) and the heaviest put open interest at 430 (likely support).

See BHEL's live option chain

The chain above is the end-of-day snapshot. Get BHEL strike-by-strike OI, change in OI, PCR, IV and max pain updating intraday — with AI commentary — in the app. Free.

How to read BHEL's option chain

Each row is a strike: calls on the left, puts on the right. OI is the open interest at that strike and Chg OI the change since the previous session — rising OI points to fresh positioning. The max pain strike is where BHEL option buyers would lose most at expiry, and price often gravitates toward it as expiry nears. The call wall (highest call OI) tends to act as resistance and the put wall (highest put OI) as support, because writers hedge around those strikes. PCR gauges sentiment relative to BHEL's own range, and IV shows how richly each strike is priced.

Learn more