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CHOLAFIN options

Cholamandalam In & Fin Co option chain and implied move

Market-implied move±₹40.05At 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±₹40.05±2.74% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹1,423.75 – ₹1,503.85What option prices imply, not a forecast of where the stock will trade
Max pain₹1,580The strike at which the largest value of written options would expire worthless
Heaviest put strike₹1,4603,20,625 contracts — the largest put position on the chain
Heaviest call strike₹1,7005,60,000 contracts — the largest call position on the chain
Put-call ratio0.75Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)32.23%At-the-money implied volatility for the front expiry
Market-implied move
±₹40.05

±2.74% over 4 days, from the ₹1,460 straddle

Implied range
₹1,424 – ₹1,504

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

Max pain
₹1,580

₹116 above the close

Implied volatility
32.23%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹1,424
₹1,504
₹1,580max pain
₹1,464close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
0
₹1,240
0
625
₹1,280
0
39,375
₹1,320
1,875
0
₹1,340
0
625
₹1,360
0
52,500
₹1,380
0
1,72,500
₹1,400
0
1,29,375
₹1,420
13,125
1,03,125
₹1,440
19,375
3,20,625
₹1,460
38,125
85,000
₹1,480
83,125
2,22,500
₹1,500
1,92,500
1,96,250
₹1,520
1,55,000
2,10,625
₹1,540
2,08,125
1,01,875
₹1,560
1,73,125
1,32,500
₹1,580
4,54,375
1,92,500
₹1,600
3,89,375
1,58,750
₹1,620
1,70,000
98,750
₹1,640
2,63,125
1,07,500
₹1,660
89,375

Heaviest put ₹1,460Heaviest call ₹1,700ATM ₹1,460 · PCR 0.75

At the close on Friday, 23 October 2026, Cholamandalam In & Fin Co options were pricing a move of ±₹40.05 by the Tuesday, 27 October 2026 expiry — a range of ₹1,423.75 to ₹1,503.85 against a closing price of ₹1,463.80. The figure is the at-the-money straddle at the ₹1,460 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 ₹1,580, ₹116.20 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 ₹1,460 with 3,20,625 contracts, and the heaviest call position at ₹1,700 with 5,60,000 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 32.23% for the Tuesday, 27 October 2026 expiry. Realised volatility for Cholamandalam In & Fin Co is not yet available for comparison.

This page is a record of where Cholamandalam In & Fin Co'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 Cholamandalam In & Fin Co options pricing this expiry?
±₹40.05, or 2.74%, giving a range of ₹1,423.75 to ₹1,503.85 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹1,460 strike.
What is Cholamandalam In & Fin Co's max pain?
₹1,580 at the last close, against a closing price of ₹1,463.80. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Cholamandalam In & Fin Co option chain?
The largest put position sits at ₹1,460 with 3,20,625 contracts, and the largest call position at ₹1,700 with 5,60,000 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 Cholamandalam In & Fin Co options?
625 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹40.05, one lot corresponds to ±₹25,031 of notional movement.

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