RECLTD REC LIMITED

REC LIMITED — on this desk since 12 Mar 2008.

implied move
3.6%
12 days to the expiry read
futures
long unwind
price fell and open interest fell
basis
0.48%
the future traded 0.48% above the share
option prices
44
dearer than 44 of the past 252 sessions

Option chain

as of Thu 15 Oct 15:30
CallsStrikePuts
What happenedPriceChange in OIOpen interestOpen interestChange in OIPriceWhat happened
————2602,04,750−1,5750.20short covering
————2652,70,90000.01—
—40.26081,900270wall17,13,600−50,4000.30—
————2751,35,450−3,1500.11short covering
long unwinding31.40−3,1501,62,2252808,31,600−39,3750.45—
—25.7701,81,1252855,15,025−20,4750.55—
long unwinding22.05−20,4756,66,22529015,90,750−1,10,2500.85—
long unwinding17.45−14,1757,70,1752959,73,350+6,3001.30long build-up
long unwinding13.10−69,30014,44,27530012,97,800−1,40,1752.00short covering
long unwinding9.40−80,32510,52,10030511,52,900−64,5753.20short covering
long unwinding6.20−1,10,25021,29,400310at the money16,36,425+14,1755.05long build-up
long unwinding3.90−2,09,47516,38,0003155,78,025−36,2257.70short covering
long unwinding2.25−1,57522,39,650wall3208,34,750+40,95010.95long build-up
long unwinding1.30−15,75013,54,50032583,475−55,12515.05short covering
long unwinding0.75−2,25,2258,67,8253302,20,500−9,45019.45short covering
short build-up0.45+11,0253,49,65033536,225025.44—
long unwinding0.30−34,6502,96,1003402,12,625−1,57530.09short covering
—0.25018,9003451,29,150034.88—
—0.20−1,38,6007,89,0753509,13,500−1,27,57538.95short covering
—0.06023,6253554,725−3,15044.68short covering
short covering0.15−7,8752,55,1503601,87,425−1,57549.64short covering

The options were priced for a move of about 3.6% by 27 Oct.

Open interest

as of Thu 15 Oct 15:30

Long unwind: price fell and open interest fell.

For this stock, 259 of 489 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 0.48% above the share.

Not in the F&O ban this session; open interest stood at 46% of its market-wide limit.

Implied volatility

as of Thu 15 Oct 15:30

The options were priced for a move of about 3.6% by 27 Oct; over the sessions the desk holds it ranged 1.5–7.9%.

Option prices were dearer than 44 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 unwind3.6%0.48%
Wed 14 Octshort cover3.8%0.22%
Tue 13 Octlong build4.2%0.60%
Mon 12 Octlong build4.7%0.58%
Fri 9 Octshort cover4.8%-0.02%
Thu 8 Octlong unwind5.3%-0.34%
Wed 7 Octlong unwind5.0%-0.10%
Tue 6 Octshort cover5.1%0.30%
Mon 5 Octshort cover5.6%0.46%
Thu 1 Octlong unwind6.1%0.24%
Wed 30 Seplong build5.7%-0.48%
Tue 29 Seplong unwind6.1%0.72%
Mon 28 Sepshort build6.0%-1.55%
Fri 25 Seplong build1.8%0.03%
Thu 24 Sepshort build1.9%-0.13%
Wed 23 Sepshort cover2.0%0.18%
Tue 22 Sepshort build2.6%0.44%
Mon 21 Sepno read2.6%0.31%
Fri 18 Sepshort build2.9%-0.27%
Thu 17 Sepshort build3.3%0.39%

After a name entered or left the ban

as of Thu 15 Oct 15:30
  • This stock, on entering the ban: 1 of 1 times the close 5 sessions later was higher — too few to read much into.
  • This stock, on leaving it: 1 of 1 times the close 5 sessions later was higher — too few to read much into.
  • 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 1,400 to 1,575 on 29 Apr 2026; contracts either side are compared in shares, not lots.