CANBK options
Canara Bank option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹3.05 | ±2.63% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹113.11 – ₹119.21 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹121 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹120 | 60,68,250 contracts — the largest put position on the chain |
| Heaviest call strike | ₹125 | 1,39,72,500 contracts — the largest call position on the chain |
| Put-call ratio | 0.74 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 31.25% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹3.05
- Implied range
- ₹113 – ₹119
- Max pain
- ₹121
- Implied volatility
- 31.25%
±2.63% over 4 days, from the ₹116 straddle
What option prices imply, not a forecast of where the stock will trade
₹5 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹120Heaviest call ₹125ATM ₹116 · PCR 0.74
At the close on Friday, 23 October 2026, Canara Bank options were pricing a move of ±₹3.05 by the Tuesday, 27 October 2026 expiry — a range of ₹113.11 to ₹119.21 against a closing price of ₹116.16. The figure is the at-the-money straddle at the ₹116 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 ₹121, ₹4.84 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 ₹120 with 60,68,250 contracts, and the heaviest call position at ₹125 with 1,39,72,500 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 31.25% for the Tuesday, 27 October 2026 expiry. Realised volatility for Canara Bank is not yet available for comparison.
This page is a record of where Canara Bank'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 Canara Bank options pricing this expiry?
- ±₹3.05, or 2.63%, giving a range of ₹113.11 to ₹119.21 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹116 strike.
- What is Canara Bank's max pain?
- ₹121 at the last close, against a closing price of ₹116.16. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Canara Bank option chain?
- The largest put position sits at ₹120 with 60,68,250 contracts, and the largest call position at ₹125 with 1,39,72,500 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 Canara Bank options?
- 6,750 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹3.05, one lot corresponds to ±₹20,588 of notional movement.