Net DEX · 2026-05-26
HINDALCO Net Delta Exposure (DEX)
Total OI 1.52Cr
Call OI 89.4L
Put OI 63.0L
OI PCR 0.70
Total Volume 5.69Cr
Call Volume 4.05Cr
Put Volume 1.64Cr
Volume PCR 0.40
ATM IV (nearest) 36.92%
ATM IV (30d) 31.04%
Max Pain 1050 2026-05-26 · 12d
Expected Move ±5.57% 1019 – 1139
Chart Guide
What is Net DEX (Delta Exposure)?
The directional pressure dealers are carrying right now
Net DEX maps where dealers will buy or sell stock to stay hedged — showing you the invisible supply and demand zones. Large positive DEX above current price…
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Frequently Asked Questions
What is net delta exposure (DEX) for HINDALCO?
Net delta exposure (DEX) measures the total directional bias of all options positions held by dealers for HINDALCO on NSE. It represents the aggregate number of underlying shares (or equivalent contracts) that dealers must hold to remain delta-neutral across the entire options chain. The current net DEX for HINDALCO is +262.0M (net long delta (bullish dealer positioning)). Positive DEX means dealers are net long the underlying; negative DEX means they are net short.
How is DEX different from GEX for HINDALCO?
GEX (gamma exposure) measures the rate of change of dealer hedging flows — it tells you how much dealers will buy or sell for each 1% move in HINDALCO. DEX (delta exposure) measures the current absolute directional position of dealers — it tells you the total long or short bias right now. GEX predicts the magnitude of hedging activity; DEX reveals the current directional tilt. Together they give a complete picture of dealer positioning in HINDALCO options.
How do I use net DEX to trade HINDALCO?
Strikes with large positive DEX (dealers heavily long delta there) act as support — dealers will buy on dips at those levels to maintain their hedge. Strikes with large negative DEX act as resistance — dealers sell into rallies. A large positive total net DEX suggests overall upward hedging pressure on HINDALCO; a large negative reading suggests downward pressure. This is particularly useful when combined with the GEX and OI walls charts.
How often is HINDALCO net DEX data updated on StrikeVue?
HINDALCO net delta exposure is recalculated every 5 minutes during India market hours from live NSE options data. StrikeVue is completely free and requires no login or broker account.