BANKINDIA options
Bank of India option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹4.73 | ±3.61% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹126.27 – ₹135.73 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹135 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹135 | 40,09,200 contracts — the largest put position on the chain |
| Heaviest call strike | ₹140 | 38,27,200 contracts — the largest call position on the chain |
| Put-call ratio | 0.92 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 45.90% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹4.73
- Implied range
- ₹126 – ₹136
- Max pain
- ₹135
- Implied volatility
- 45.90%
±3.61% over 4 days, from the ₹130 straddle
What option prices imply, not a forecast of where the stock will trade
₹4 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹135Heaviest call ₹140ATM ₹130 · PCR 0.92
At the close on Friday, 23 October 2026, Bank of India options were pricing a move of ±₹4.73 by the Tuesday, 27 October 2026 expiry — a range of ₹126.27 to ₹135.73 against a closing price of ₹131.00. The figure is the at-the-money straddle at the ₹130 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 ₹135, ₹4.00 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 ₹135 with 40,09,200 contracts, and the heaviest call position at ₹140 with 38,27,200 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 45.90% for the Tuesday, 27 October 2026 expiry. Realised volatility for Bank of India is not yet available for comparison.
This page is a record of where Bank of India'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.
Read the full MarketCue scoring methodology
Source: NSE option chain via Upstox. .
Frequently asked questions
- What move are Bank of India options pricing this expiry?
- ±₹4.73, or 3.61%, giving a range of ₹126.27 to ₹135.73 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹130 strike.
- What is Bank of India's max pain?
- ₹135 at the last close, against a closing price of ₹131.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Bank of India option chain?
- The largest put position sits at ₹135 with 40,09,200 contracts, and the largest call position at ₹140 with 38,27,200 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 Bank of India options?
- 5,200 shares per lot, with strikes in steps of ₹3. At the implied move of ±₹4.73, one lot corresponds to ±₹24,596 of notional movement.