COALINDIA options
Coal India option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.80 | ±1.46% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹391.65 – ₹403.25 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹405 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹415 | 13,33,800 contracts — the largest put position on the chain |
| Heaviest call strike | ₹430 | 49,49,100 contracts — the largest call position on the chain |
| Put-call ratio | 0.37 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 17.09% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.80
- Implied range
- ₹392 – ₹403
- Max pain
- ₹405
- Implied volatility
- 17.09%
±1.46% over 4 days, from the ₹395 straddle
What option prices imply, not a forecast of where the stock will trade
₹8 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹415Heaviest call ₹430ATM ₹395 · PCR 0.37
At the close on Friday, 23 October 2026, Coal India options were pricing a move of ±₹5.80 by the Tuesday, 27 October 2026 expiry — a range of ₹391.65 to ₹403.25 against a closing price of ₹397.45. The figure is the at-the-money straddle at the ₹395 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 ₹405, ₹7.55 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 ₹415 with 13,33,800 contracts, and the heaviest call position at ₹430 with 49,49,100 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 17.09% for the Tuesday, 27 October 2026 expiry. Realised volatility for Coal India is not yet available for comparison.
This page is a record of where Coal 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 Coal India options pricing this expiry?
- ±₹5.80, or 1.46%, giving a range of ₹391.65 to ₹403.25 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹395 strike.
- What is Coal India's max pain?
- ₹405 at the last close, against a closing price of ₹397.45. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Coal India option chain?
- The largest put position sits at ₹415 with 13,33,800 contracts, and the largest call position at ₹430 with 49,49,100 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 Coal India options?
- 1,350 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹5.80, one lot corresponds to ±₹7,830 of notional movement.