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ATHERENERG options

ATHER ENERGY LIMITED option chain and implied move

Market-implied move±₹58.00At the close on Friday, 23 October 2026 · 4 days to the Tuesday, 27 October 2026 expiry
Market-implied move: current value and reading. Updated 3:45 PM IST · 23 October 2026
MetricValueRead
Market-implied move±₹58.00±4.20% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹1,322.00 – ₹1,438.00What option prices imply, not a forecast of where the stock will trade
Max pain₹1,440The strike at which the largest value of written options would expire worthless
Heaviest put strike₹1,4001,86,375 contracts — the largest put position on the chain
Heaviest call strike₹1,5005,53,125 contracts — the largest call position on the chain
Put-call ratio0.49Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)51.33%At-the-money implied volatility for the front expiry
Market-implied move
±₹58.00

±4.20% over 4 days, from the ₹1,380 straddle

Implied range
₹1,322 – ₹1,438

What option prices imply, not a forecast of where the stock will trade

Max pain
₹1,440

₹60 above the close

Implied volatility
51.33%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹1,322
₹1,438
₹1,440max pain
₹1,380close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
12,000
₹1,160
1,125
29,250
₹1,200
0
9,750
₹1,240
1,125
44,250
₹1,260
0
40,500
₹1,280
1,875
92,625
₹1,300
3,750
68,250
₹1,320
2,250
60,375
₹1,340
8,625
1,30,875
₹1,360
23,250
91,875
₹1,380
43,875
1,86,375
₹1,400
2,97,375
34,875
₹1,420
1,24,875
63,000
₹1,440
1,46,250
56,250
₹1,460
88,125
1,28,250
₹1,480
1,98,375
1,80,375
₹1,500
5,53,125
19,500
₹1,520
1,64,625
9,000
₹1,540
1,06,500
5,625
₹1,560
1,16,250
750
₹1,580
42,375

Heaviest put ₹1,400Heaviest call ₹1,500ATM ₹1,380 · PCR 0.49

At the close on Friday, 23 October 2026, ATHER ENERGY LIMITED options were pricing a move of ±₹58.00 by the Tuesday, 27 October 2026 expiry — a range of ₹1,322.00 to ₹1,438.00 against a closing price of ₹1,380.00. The figure is the at-the-money straddle at the ₹1,380 strike, which is what the options market itself is charging for the move to expiry. It describes the price of that expectation, not a forecast MarketCue makes.

Max pain sits at ₹1,440, ₹60.00 above the closing price — the strike at which the largest value of written options would expire worthless. The heaviest put position on the chain is at ₹1,400 with 1,86,375 contracts, and the heaviest call position at ₹1,500 with 5,53,125 contracts. Open interest describes where positions have been built; it is not a commitment by anyone to defend a price.

At-the-money implied volatility was 51.33% for the Tuesday, 27 October 2026 expiry. Realised volatility for ATHER ENERGY LIMITED is not yet available for comparison.

This page is a record of where ATHER ENERGY LIMITED's chain finished on Friday, 23 October 2026, not a live feed — the next reading follows tomorrow's close. Figures are derived from the NSE option chain via Upstox; max pain, the implied move, put-call ratio and the volatility comparison are MarketCue's own calculations from that data. MarketCue is not a registered investment adviser, research analyst or broker under SEBI regulations, and nothing here is a recommendation to buy or sell any security.

Source: NSE option chain via Upstox. .

Frequently asked questions

What move are ATHER ENERGY LIMITED options pricing this expiry?
±₹58.00, or 4.20%, giving a range of ₹1,322.00 to ₹1,438.00 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹1,380 strike.
What is ATHER ENERGY LIMITED's max pain?
₹1,440 at the last close, against a closing price of ₹1,380.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the ATHER ENERGY LIMITED option chain?
The largest put position sits at ₹1,400 with 1,86,375 contracts, and the largest call position at ₹1,500 with 5,53,125 contracts. Traders commonly read heavy open interest at a strike as a level, though open interest describes positioning rather than any commitment to defend a price.
What is the lot size for ATHER ENERGY LIMITED options?
375 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹58.00, one lot corresponds to ±₹21,750 of notional movement.

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