BDL BHARAT DYNAMICS LIMITED

BHARAT DYNAMICS LIMITED — on this desk since 30 May 2025.

implied move
4.7%
12 days to the expiry read
futures
long unwind
price fell and open interest fell
basis
0.66%
the future traded 0.66% above the share
option prices
27
dearer than 27 of the past 252 sessions

Option chain

as of Thu 15 Oct 15:30
CallsStrikePuts
What happenedPriceChange in OIOpen interestOpen interestChange in OIPriceWhat happened
—208.1402,97592028,900−8500.80long unwinding
—168.4504259601,25,800−4,6751.35—
————98046,750−5,5251.35—
long build-up134.70+14,02526,7751,0001,19,425−5,5251.90short covering
—110.8808501,0201,73,825−2,9752.59short covering
long unwinding93.01−1,27534,0001,0401,19,425−5,9503.45short covering
long unwinding76.60−42546,3251,0603,92,27505.45—
short covering62.10−5,1001,25,8001,0801,08,375−5,9507.95long unwinding
long build-up46.90+1,61,9255,54,6251,100wall5,35,500−15,30012.85long unwinding
short build-up33.90+1,19,0004,09,7001,120at the money3,25,550+1,27518.85short build-up
short build-up23.20+34,8504,27,5501,1402,07,825−6,80029.45long unwinding
short build-up15.30+11,9003,59,5501,1602,46,925−2,55042.15long unwinding
long unwinding10.05−5,9503,08,5501,18059,500064.44—
long unwinding6.60−5,9508,10,900wall1,2001,76,375−3,82580.08short covering
long unwinding4.30−7,2251,81,9001,22011,050−42596.97short covering
short build-up2.90+4,6751,17,7251,24056,525+1,275114.83long build-up
short build-up2.00+5,10099,0251,26026,3500133.41—
—1.26027,6251,28028,9000152.49—
long unwinding1.00−5,1002,89,4251,3001,30,9000171.91—
long unwinding0.40−4256,8001,32013,6000191.55—

The options were priced for a move of about 4.7% by 27 Oct.

Open interest

as of Thu 15 Oct 15:30

Long unwind: price fell and open interest fell.

For this stock, 18 of 43 times the close 5 sessions later was higher.

Across every F&O stock, 44,823 of 84,881 times the close 5 sessions later was higher.

Basis, rollover and the ban

as of Thu 15 Oct 15:30

The future traded 0.66% above the share.

Not in the F&O ban this session; open interest stood at 110% of its market-wide limit.

Implied volatility

as of Thu 15 Oct 15:30

The options were priced for a move of about 4.7% by 27 Oct; over the sessions the desk holds it ranged 1.8–10.4%.

Option prices were dearer than 27 of the past 252 sessions.

Puts were priced dearer than calls the same distance out.

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Implied and realised around results

as of Thu 15 Oct 15:30

No results meeting with an option chain on its eve yet.

The futures, session by session

as of Thu 15 Oct 15:30
sessionfuturesimplied movebasisban
Thu 15 Octlong unwind4.7%0.66%
Wed 14 Octlong build4.8%0.43%
Tue 13 Octshort cover5.0%0.43%
Mon 12 Octshort cover5.6%0.10%
Fri 9 Octshort cover5.8%0.33%
Thu 8 Octshort build6.7%0.16%
Wed 7 Octshort build6.6%0.39%
Tue 6 Octshort cover6.6%0.25%
Mon 5 Octshort cover6.8%-0.08%
Thu 1 Octshort build7.2%-0.29%
Wed 30 Seplong build7.0%-0.28%
Tue 29 Sepshort cover7.2%1.23%
Mon 28 Sepshort build7.3%-2.23%
Fri 25 Seplong unwind1.8%0.30%
Thu 24 Seplong unwind2.1%0.16%
Wed 23 Sepshort build2.5%0.10%
Tue 22 Seplong build2.9%-0.10%
Mon 21 Sepshort build3.4%-0.87%
Fri 18 Seplong build4.3%-2.36%
Thu 17 Seplong build4.2%-0.18%

After a name entered or left the ban

as of Thu 15 Oct 15:30
  • Every F&O stock, on entering the ban: 755 of 1,496 times the close 5 sessions later was higher.
  • Every F&O stock, on leaving it: 747 of 1,496 times the close 5 sessions later was higher.

Before comparing across time

as of Thu 15 Oct 15:30

Open interest is in shares. Traded volume is in contracts before July 2024 and in shares after, so volumes are not compared across that change.

The lot size changed from 350 to 425 on 29 Apr 2026; contracts either side are compared in shares, not lots.